Retail News Snapshot

* Blocking retail FDI to rob India of 1 crore jobs

* AAP’s decision to disallow FDI in retail irresponsible: Anand Sharma

* Sony, Lenovo eye bigger share of Indian smartphone market

* Removal of multi-brand retail FDI to hit investments: India Inc

* Demand for fake luxury products to double by 2015, says report

* Samsonite eyes acquisition of local brands in India

* Suguna Foods to expand QSR chain Suguna Crisp & Crunch to 2,000 stores

* Yum’s China sales fall short on weakness at Pizza Hut

* Bajaj Electricals eyes Rs 5,000 cr sales in FY15

* Apple to relaunch 8GB version of iPhone 4 in India as sales lag

* Joe Tsai: The man behind e-commerce giant Alibaba’s eventual IPO

* Personalized e-mails drive shoppers to buy and buy morein stores and online

* Groupon acquires flash-sale retailer Idelli

* Sainsbury’s overtakes Asda for first time in a decade