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Cream Centre to launch premium ice cream chain

Fri, 29 Apr 2011 05:49:03 +0000

Baskin Robbins may soon face competition at the premium end of the ice cream market.
Sanjiv Chona, whose family claims to have pioneered the manufacture of ice cream in India, is all set to revisit his roots by launching a high-end ice cream retailing format that aims to provide Haagen Dazs type premium ice creams.

Spanish retail brand Zara favourite among Indian shoppers

Fri, 29 Apr 2011 05:48:24 +0000

World's largest clothing retailer Inditex entered India with its flagship brand Zara on a Friday in May last year and that day the South Delhi outlet recorded the largest single-day sale by an international retailer in the country.

Kolkata gets its first French Connection

Fri, 29 Apr 2011 05:47:57 +0000

UK-based hi-fashion brand French Connection has made its debut in Kolkata with a 1,400-sq.ft store at South City Mall. Commenting on the launch, Mansi Zaveri, manager, marketing & communications, French Connection, remarked, Since its launch in 2007, French Connection has consistently provided the most edgy and fashion forward styles to the Indian consumer.

Deneb n Pollux set for hospitality foray with '21 Gun Salute'

Fri, 29 Apr 2011 05:47:15 +0000

Deneb & Pollux, one of the largest players in the Indian travel business, is venturing into the hospitality sector with the launch of a fine dining restaurant in Gurgaon. The restaurant, '21 Gun Salute', will be spread across 6,000 sq.ft and have a seating capacity of 160. It will be thrown open to the public on April 30, 2011.

Fine dining brands hungry for India debut

Fri, 29 Apr 2011 05:46:48 +0000

Some the world's most upmarket restaurant brands are ready to take a bite out of the India story. Unlike the multinational fast-food brands like McDonald's and KFC, which have expanded in the country over a decade with hundreds of outlets, these high-end chains want to remain exclusive.

Delhi gets Puma's largest outlet in Middle East

Fri, 29 Apr 2011 05:46:22 +0000

German sports lifestyle brand Puma has launched its largest store in the Eastern Europe, Middle East and Africa region at Delhi. Located in Connaught Place, the new store offers the high-end 'Black Station' international fashion range as well as apparel and footwear for children. This is the first time the kids' range has found its way to a Puma store in India.

Mango set to expand base in India

Fri, 29 Apr 2011 05:45:56 +0000

Spanish fashion and lifestyle brand Mango, which made its entry into India in 2001 under a commercial agreement with Major Brands, continues to expand its presence in the country.

KFC to tap small towns with product innovations

Fri, 29 Apr 2011 05:45:33 +0000

Banking on its innovations, brand positioning and expansion strategy, KFC, a part of Yum! Restaurants, expects to continue its growth momentum and clock 75 per cent growth year-on-year and also set up 500 outlets, in both metros as well tier II and III cities, by 2015 citing strong traction and healthy demand.

Joyalukkas to raise Rs.650 crore

Fri, 22 Apr 2011 10:51:16 +0000

Leading South Indian retail jewellery chain Joyalukkas said it was seeking to raise Rs.650 crore through its initial public offer (IPO) expected to hit the capital markets around June-end.

JK plans foray into footwear from used tyres

Fri, 22 Apr 2011 10:50:46 +0000

JK Tyre Industries plans to venture into footwear and accessories manufacturing from used tyres in association with the Footwear Design and Development Institute (FDDI), said vice-chairman and managing director, JK Tyre Industries, Raghupati Singhania.

Multi-designer store 'Anahita' opens in Hyderabad

Fri, 22 Apr 2011 10:50:03 +0000

A new multi-designer retail store, 'Anahita', has made its debut in Hyderabad with a flagship at Banjara Hills. Spread across 6,000 sq.ft of retail space, the outlet brings in a range of designers, including Rohit Gandhi Rahul Khanna, Ranna Gill, Gaurav Gupta, Manish Arora, and Pankaj and Nidhi.

Cafe Coffee Day to open 100 new outlets in 2011-12

Fri, 22 Apr 2011 10:49:33 +0000

Coffee chain Café Coffee Day is expanding its presence and plans to open another 100 outlets across India by March 2012. The chain plans to open 60 cafeterias and 45 lounges this year. The company would have 1,250 outlets by the end of this financial year. All the outlets are owned by the company and there are no plans to go for the franchise route.

Trail running brand Salomon inks pact with Planet Sports

Fri, 22 Apr 2011 10:48:50 +0000

Trail running brand Salomon – in an exclusive marketing tie-up with Planet Sports – has launched its trail running, hiking and backpacking footwear in India. The Salomon trail running shoes are now available at exclusive Planet Sports outlets and at select Central stores in India.

Armstrong World Industries forays into retail

Fri, 22 Apr 2011 10:48:18 +0000

Armstrong World Industries Inc, a Pennsylvania-based global leader in the design and manufacture of floors, ceilings and cabinets, has forayed into the Indian retail segment with the launch of an exclusive store in Thane. Located at Khopat and run by Saif Enterprises, the new outlet is spread over 320 sq.ft and exhibits the premium range of Armstrong’s ceilings and floorings products.

Cinépolis enters South India with multiplex in Bangalore

Fri, 22 Apr 2011 10:47:50 +0000

Cinépolis India, a wholly owned subsidiary of Mexico-based multiplex chain Cinépolis, has entered the South Indian market with its first multiplex in Bangalore. Located at Royal Meenakshi Mall, the all digital, seven-screen multiplex will feature a 3D screen and a macro screen and offer seating for 1,328 people.

CremeBrew Le Cafe debuts in India

Fri, 22 Apr 2011 10:47:27 +0000

Luxury cafe chain CremeBrew Le Cafe has made its entry into the Indian market with an outlet at MGF Metropolitan Mall in Delhi. With this launch, CremeBrew promises to bring to India its signature casual luxury feel and large menu options, a respite from run-of-the-mill coffee chains.

Fashion brand Marc Cain expands in Mumbai

Fri, 22 Apr 2011 10:47:03 +0000

Germany-headquartered fashion brand Marc Cain has expanded its presence in India with the launch of its second store in Mumbai. The new mono-label outlet of the brand has come up at Gulmohar Road in Juhu. The 800-sq.ft store offers a wide range of women’s casual apparel, sportswear, shoes, bags and accessories, among other products.

Marks and Spencer reaches 20-store mark in India

Wed, 01 Dec 2010 06:47:44 +0000

Marks & Spencer, one of the UK's leading apparel retailers, has expanded its presence in India by opening its 20th store in the country. The new store at DLF Promenade Mall, Vasant Kunj, is the fourth Marks Spencer outlet in Delhi.

Gold Souk Grande malls get a host of new tenants

Wed, 01 Dec 2010 06:47:09 +0000

The Gold Souk Grande malls in Kochi and Ludhiana have recently added a host of new tenants – Food Bazaar, Fashion@Big Bazaar, Pizza Hut, Akshara, Disney, Style Street, Dream Décor and Royalware – to its long list of retailers.

Lifestyle launches first store in Ghaziabad

Wed, 01 Dec 2010 06:46:33 +0000

Lifestyle International (P) Ltd, a part of the $3.8 billion Landmark Group (Dubai), has expanded its presence in the national capital region (NCR) by launching its first Lifestyle store in Ghaziabad. Located at Mahagun Metro Mall, the store is spread over an area of 55,000 sq.ft across three floors.

Rural retail market in India to grow tenfold over next 15 years

Wed, 01 Dec 2010 06:45:50 +0000

The Indian rural market is expected to grow more than tenfold to become a $100 billion opportunity for retail spending in the next 15 years, The Nielsen Company has found. Details of the findings were unveiled at Nielsen’s flagship Consumer 360 conference in New Delhi recently. The study showed that in more than half of the largest FMCG categories, rural India is now contributing more to their growth than urban. One of the key drivers of this trend appears to be the unprecedented growth of smaller packaging options in rural India.

Crossword expands in Chennai

Tue, 16 Nov 2010 11:32:12 +0000

Crossword Bookstores, a wholly-owned subsidiary of Shopper’s Stop Ltd, has expanded its presence in Chennai by opening an outlet at Alwarpet. The new store is spread over an area of 9,000 sq.ft and houses books, movies, music and stationery, among other things.

Faces Cosmetics appoints Sameer Prasad as global CEO

Tue, 16 Nov 2010 11:31:40 +0000

Faces Cosmetics, a Canada-based cosmetics and personal care brand, has appointed Sameer Prasad as CEO of its global operations. Prasad joins Faces from Planet Retail Holdings, where he was responsible for the launch, marketing strategies and growth of numerous leading international brands such as The Body Shop, Debenhams, Guess, Next, Accessorize and Nautica.

Classic Polo to open more outlets

Wed, 22 Apr 2009 05:51:36 +0000

Tirupur-based Royal Classic Group will expand its network of Classic Polo outlets in the Southern and Western States this year (2009-10), taking the total number of outlets to 100.

Gitanjali adds sparkle to the Mumbai Indians

Wed, 22 Apr 2009 05:51:13 +0000

Diamond major Gitanjali Group announced its association with IPL team Mumbai Indians and unveiled the diamond studded ‘Man of the match’ trophy to be presented during the home matches of Mumbai Indians. The two feet tall golden trophy has approximately 550 diamonds studded on it with 785 precious stones as a symbol of the most precious player.

Oberoi Mall celebrates 1st anniversary

Wed, 22 Apr 2009 05:50:38 +0000

As part of celebrating its first anniversary, Oberoi Mall – the premium shopping destination at Goregaon (East) has launched a 45-day summer shopping festival called The Oberoi Mall Super Cool Summer Carnival, according to a company press release.

Cantabil unveils summer collection

Wed, 22 Apr 2009 05:50:07 +0000

Cantabil, the Italian fashion brand in India, has launched a new range for young customers. The range includes shorts, T-shirts, tops, cargo pants, designer jeans, skirts and summer suits, according to a company press release.

Van Heusen launches its largest exclusive store in Chennai

Wed, 22 Apr 2009 05:49:28 +0000

Van Heusen, the leading premium lifestyle brand, has launched its biggest ever exclusive store in Chennai on R K Salai, Mylapore. Spread over 5000 square feet, the newly launched store is spanned across four floors.

Indian wellness services market to grow at 30-35 pc CAGR: Report

Wed, 22 Apr 2009 05:48:50 +0000

Notwithstanding the current economic slowdown, the Indian wellness services market is expected to remain buoyant and has the potential to sustain a compounded annual growth rate (CAGR) of approximately 30-35 per cent for the next five years, says a latest study by FICCI and professional services firm, Ernst & Young (E&Y).

Marks and Spencer drops prices to boost sales

Wed, 22 Apr 2009 05:48:10 +0000

Marks & Spencer Reliance India (MSRI) has lowered the prices of its cheapest products by 20 per cent by stepping up its sourcing from Indian manufacturers, in a bid to retain customers who are moving away to competitive products.

Reliance Trends opens in Bengaluru

Wed, 22 Apr 2009 05:47:30 +0000

Mukesh Ambani-led Reliance Retail (RRL) has launched its first Trends outlet in Bangaluru. The new store outlet is RRL’s eleventh outlet in India. The Bangalore outlet is a stand-alone with a retail space of 18,000 square feet. Further, the company plans to open ten such outlets to bring the pan India tally of Trends to 21. Trends stores are currently located in Delhi, Gurgaon, Hyderabad, Mumbai, Jallandhar, Ahmedabad and Kochi.

Toon Kidz sales stay unaffected; plans 150 EBOs by '09-end

Wed, 22 Apr 2009 05:46:53 +0000

Kidswear brand Toon Kidz is looking to scale up its presence from 28 outlets to 150 by the end of this year. “The company is geared up to have 150 EBOs in the current year. We will have these EBOs opened in A and B cities of India,” said Venkat RV, MD, Toon Kidz to IndiaRetailing.

The Body Shop gets new pool of customers after lowering prices: GM

Wed, 22 Apr 2009 05:45:56 +0000

The biggest achievement of The Body Shop in India after lowering the prices of its 200 best selling products in March this year is getting a new pool of customers who had never tried the products earlier, revealed a top company official.

Zeme Organics to open multiple outlets

Wed, 22 Apr 2009 05:45:19 +0000

Organic clothing major Zeme Organics is all set to franchise its business in India. According to a press release, the company has ventured into the franchising market and will open multiple outlets across the country. The development came after the company joined hands with retail solution provider Franchise India Holdings.

Koutons plans foray into innerwear

Wed, 22 Apr 2009 05:44:38 +0000

Apparel and fashion wear chain Koutons India Retail is planning to foray into inner-wear segment and to expand its leather accessories portfolio as it eyes a growth of 30-35 per cent in 2009-10.

Marks & Spencer Reliance opens flagship store in Mumbai

Wed, 22 Apr 2009 05:44:02 +0000

Marks & Spencer Reliance India, a joint venture between UK’s leading retailer Marks & Spencer and Reliance Retail, a subsidiary of Reliance Industries, has launched its biggest flagship store at the R-City Mall in Mumbai.

Nitco Tiles plans 400 showrooms by 2011

Wed, 22 Apr 2009 05:43:27 +0000

In an attempt to expand its footprint in the retail segment, Mumbai-based ceramic tiles manufacturer Nitco plans to open 400 showrooms in the next three years, said a top company official. "We are planning to open around 400 showrooms in the next three years period. It will all be on franschisee model,” said Vivek Talwar, manging director, Nitco Tiles.

Indian restaurant chain heads abroad

Wed, 22 Apr 2009 05:42:52 +0000

What began as a small eatery called Fish Only in 1991 has now blossomed into India’s largest chain of restaurants that is present in every city that matters. Now the chain – best known for its Oh! Calcutta and Mainland China restaurants — plans to spread the cheer abroad.

Gitanjali Gems signs 50:50 JV with Hassan’s Optician

Mon, 12 Jan 2009 10:14:09 +0000

Geetanjali Gems, the jewellery retail arm of Mumbai-based Geetanjali Group, has signed a 50:50 JV with Kuwait-based Hassan’s Optician, according to a statement by Gitanjali Group to Bombay Stock Exchange.

Duncans enters premium category with 2 Darjeeling tea variants

Mon, 12 Jan 2009 10:13:28 +0000

In an attempt to enter premium tea category, Kolkata-based Rs 20 billion Duncan-Goenka Group’s brand Duncans Tea has launched two Darjeeling tea variants — Duncans Darjeeling Tea and Indian Treasure.

Bajaj Electricals launches Bajaj Platina range; ties-up with international manufacturers

Mon, 12 Jan 2009 10:12:59 +0000

Bajaj Group’s consumer electrical products manufacturing company Bajaj Electricals and Appliances unveiled its range of home appliances under the brand name Bajaj Platina. Further, it has tied-up with UK-based Strix for heating element controls and Galanz of China for microwave ovens and Italian company Nardi for hobs, chimney and modular products, reports Business Line.

Turtle ties-up with Lifestyle; plans to open 2 stores every month

Mon, 12 Jan 2009 10:12:31 +0000

On the road to extend its retail existence, Kolkata-based men's lifestyle apparel brand Turtle has tied up with Dubai-based Landmark Group's Lifestyle fashion store. To begin with, Lifestyle will retail Turtle products in three of their stores. Further, the company plans to open two stores every month this year under the brand Turtleworld concentrating towards tier II cities including Cochin, Udaipur, Ranchi, Bhubaneshwar and others, revealed a top company official.

Femella Fashions to open 50 stores by 2009-end

Mon, 12 Jan 2009 10:11:53 +0000

Gurgaon-based women’s wear retailer Femella Fashions, a wholly owned subsidiary of Ritesh Properties and Industries Ltd, plans to open 50 stores in India by 2009-end and will invest around Rs 4 million for each store. As part of the expansion plan, the company will open some more stores in NCR regions to strengthen its presence and will move to the central India, especially Mumbai, a top company official said.

Vishal Retail opens 2 new stores

Mon, 12 Jan 2009 10:11:13 +0000

In sync with the company’s aggressive expansion plan, Delhi-based discount retailer Vishal Retail has opened two more stores under the brand name Vishal Megamart and Vishal Fashionmart in Uttar Pradesh and Punjab respectively. The information came through Vishal Retail’s filing to Bombay Stock Exchange.

Yamaha to revamp India operation

Mon, 12 Jan 2009 10:10:40 +0000

In an attempt to boost its retail and after sales services in India, Japanese two-wheeler major Yamaha has been strategising an aggressive infrastructural development in the country. As part of the plan, the company aims at complete refurbishment of its after-sales services, parts supply and retail infrastructure, reports Business Line.

Reliance Autozone opens in Ghaziabad

Mon, 12 Jan 2009 10:10:05 +0000

Mukesh Ambani-led Reliance Retail’s automotive specialty store Reliance AutoZone has launched its new store in Ghaziabad, Uttar Pradesh. Spread across 3,500 square feet of retail area, the store at New Arya Nagar showcases around 30 leading brands and 900 products including mini segment to high-end premium segment cars.

Harman International expects double-digit growth in India

Mon, 12 Jan 2009 10:09:32 +0000

Harman International, one of the global majors in manufacturing audio and electronic products for automotive, consumer and professional use, has planned to strengthen its retail operation in India. As part of the plan, the company opened an outlet in the national capital.

Samsung unveils world's slimmest LCD television

Mon, 12 Jan 2009 10:08:54 +0000

Korea-based electronics major, Samsung Electronics unveiled its slimmest LCD (liquid crystal display) television. The new product, measuring only 6.5 millimetres (0.26 inch) thick, is thinner than any other existing television set and even slimmer than most mobile handsets, according to a statement by Samsung official.

Wal-Mart International appoints Doug McMillon as new President, CEO

Mon, 12 Jan 2009 10:08:24 +0000

Supermarket chain Wal-Mart stores has announced the appointment of Doug McMillon as the new President, CEO of Wal-Mart International from February 1. Presently, McMillon is the president and CEO of Sam's Club. McMillon will replace Mike Duke, who was elected in late November to succeed Lee Scott as Wal-Mart stores' CEO from February 1, according to a top company official.

Sone Ki Chidiya offer turns favourable for small format Future stores

Mon, 12 Jan 2009 10:07:36 +0000

Conceptualised with the idea of offering Sone Ki Chidiya stickers to the customers with one time shopping worth Rs 1,000, Kishore Biyani-led Future Group seems quite happy with the customers' response and the sales growth the brand is experiencing due to its ongoing countrywide retail show 'The Great Indian Shopping Festival'.

Nirula's added 3 product categories in '08; Potpourri turns most appreciated brand

Mon, 12 Jan 2009 10:06:21 +0000

As part of company’s innovative product offering policy, Delhi-based leading restaurant retail chain Nirula’s has launched three new product categories in its portfolio in 2008 besides opening eight new outlets and making foray in two new cities — Jaipur and Meerut. Further, the company has tied up with its first regional franchisee — South Asia Hospitality Services in Rajasthan in this particular year, informed a top company official.

TGISF brings Future Group brand and Sone Ki Chidiya in the customers’ space

Mon, 12 Jan 2009 10:05:45 +0000

At a time when the whole country is reeling under slowdown and people are away from shopping, Future Group’s innovative concept The Great Indian Shopping Festival (TGISF) has been trying to rejuvenate the shoppers’ mood for year 2009, and according to a top company official, the response is overwhelming and encouraging.

Doing business : The gaming way

Mon, 12 Jan 2009 10:05:10 +0000

Solitaire on a PC, Mario on the Nintendo or Snake on an old Nokia cell phone, a person must have played one or the other format of video games at some point of time in his/her life. Underneath it all, every single person is a gamer and an appetite for entertainment is only human.

Gitanjali Gems signs 50:50 JV with Hassan’s Optician

Mon, 12 Jan 2009 10:14:09 +0000

Duncans enters premium category with 2 Darjeeling tea variants

Mon, 12 Jan 2009 10:13:28 +0000

Bajaj Electricals launches Bajaj Platina range; ties-up with international manufacturers

Mon, 12 Jan 2009 10:12:59 +0000

Turtle ties-up with Lifestyle; plans to open 2 stores every month

Mon, 12 Jan 2009 10:12:31 +0000

Femella Fashions to open 50 stores by 2009-end

Mon, 12 Jan 2009 10:11:53 +0000

Vishal Retail opens 2 new stores

Mon, 12 Jan 2009 10:11:13 +0000

Yamaha to revamp India operation

Mon, 12 Jan 2009 10:10:40 +0000

Reliance Autozone opens in Ghaziabad

Mon, 12 Jan 2009 10:10:05 +0000

Harman International expects double-digit growth in India

Mon, 12 Jan 2009 10:09:32 +0000

Samsung unveils world's slimmest LCD television

Mon, 12 Jan 2009 10:08:54 +0000

Wal-Mart International appoints Doug McMillon as new President, CEO

Mon, 12 Jan 2009 10:08:24 +0000

Sone Ki Chidiya offer turns favourable for small format Future stores

Mon, 12 Jan 2009 10:07:36 +0000

Nirula's added 3 product categories in '08; Potpourri turns most appreciated brand

Mon, 12 Jan 2009 10:06:21 +0000

TGISF brings Future Group brand and Sone Ki Chidiya in the customers’ space

Mon, 12 Jan 2009 10:05:45 +0000

Doing business : The gaming way

Mon, 12 Jan 2009 10:05:10 +0000

Cellucom launches designer mobile and laptop accessories

Mon, 27 Oct 2008 05:09:24 +0000

Cellucom, one of India’s leading retail chains for mobility solutions, has launched its limited edition mobility accessory range at the ‘Lakme Fashion Week 2008’ being held in Mumbai. The range includes laptop skins, laptop sleeves, mobile slip-on cases and mobile jewellery and will be available at...

"India can never lose its culture or costume"

Mon, 27 Oct 2008 05:08:35 +0000

With a view to providing an organised retail platform for Indian ethnicwear products at par with western brands in the country, Kishore Biyani-led Future Group recently opened the first store of its newly launched retail chain ‘Ethnicity’ in Ahmedabad. Spread across an area of around 25,000 square feet, the store retails a...

Wal-Mart announces global responsible sourcing initiative at China Summit

Mon, 27 Oct 2008 05:07:32 +0000

Wal-Mart Stores took the next step in its sustainability journey by hosting an unprecedented gathering of more than 1,000 leading suppliers, Chinese officials and NGOs in Beijing, China. The company outlined a series of aggressive goals and expectations to build a more environmentally and socially responsible global supply chain.

U S Pizza re-designs their association with franchisees

Mon, 27 Oct 2008 05:06:56 +0000

Re-modeling its franchisee agreement, U S Pizza has designed an innovative franchising model for their operations in India which is expected to balance the risk and the reward between the franchisee and the franchisor.

Grabal Alok’s Store Twenty One partners Woolworths

Mon, 27 Oct 2008 05:06:24 +0000

Store Twenty One, retail arm of Grabal Alok UK Ltd, a flagship company of Alok Industries, has joined hands with Woolworths as its new partner. The partnership, besides witnessing opening up of 16 Woolworths high street stores, will offer Woolworths a maiden entry into the Indian market.

Hindware Home Retail to launch 50 outlets

Mon, 27 Oct 2008 05:05:56 +0000

After its maiden debut in Faridabad, Hindware Home Retail flexes its muscles further with the launch of their second store; this time it is in the western part of the national capital. Further, Hindware also plans to open 50 outlets in the coming financial year, said a top company official.

AK Dasgupta joins Grasim Industries

Mon, 27 Oct 2008 05:05:27 +0000

Grasim Industries, a part of Aditya Birla Group, has appointed AK Dasgupta as the additional director of the company. The decision was taken in the board meeting held today.

Sunrise Infotainment merges with PVR

Mon, 27 Oct 2008 05:04:58 +0000

In a recent development, the board of directors of the PVR has approved the merger of Sunrise Infotainment Pvt Ltd with the parent company, PVR Ltd. Earlier, Sunrise Infotainment Pvt Ltd, a wholly owned subsidiary of the company, was engaged in

Vishal Retail declares Q2 results

Mon, 27 Oct 2008 05:04:21 +0000

Vishal Retail has declared its unaudited financial results for the quarter ended September 30, 2008. The Ram Chandra Agarwal-led company has posted a net profit of Rs 40.76 million. While the total income of the quarter stayed at Rs 3607.55 million, the total expenditure stood at Rs 3276.51 million.

MobileStore promotes Diwali sales

Mon, 27 Oct 2008 05:03:56 +0000

The present recession has definitely not stopped retailers from giving away gifts and organising contests to pull in more customers. As part of Diwali promotions, MobileStore has designed a promotion wherein they are extending assured gifts worth Rs 10,000 with purchase of any handset from the store.

Timex appoints Gopalratnam Kannan as new president

Mon, 27 Oct 2008 05:03:31 +0000

TIMEX, one of the world’s leading watchmakers, has announced the appointment of Gopalratnam Kannan as president for India operations. Kannan would be reporting to Kapil Kapoor, MD, TIMEX Group India Limited (TGIL).

Adlabs posts 49 pc revenue growth in Q2

Mon, 27 Oct 2008 05:03:02 +0000

Adlabs Films Limited, a part of Reliance Anil Dhirubhai Ambani Group, has announced its results for the quarter ended September 30, 2008. The Mumbai-based country’s leading entertainment conglomerate recorded 49 per cent revenue growth YoY in September 2008.

India's first sports city to intoduce sporting centre retailing

Thu, 23 Oct 2008 05:37:15 +0000

Retail in India is no more an option restricted to high streets and shopping malls. After succesful retail formats like platform retailing and airport retailing, the country is now gearing up for yet another innovative concept — sporting centre retailing.

Globus Wines launches India’s most expensive wine

Thu, 23 Oct 2008 05:36:42 +0000

Mumbai-based Globus Wines, a pioneer in wine retailing in India, has announced the launch of its super-premium brand Miazma - Fine Wine of India.

Vishal to open 100 more stores by fiscal-end

Thu, 23 Oct 2008 05:35:55 +0000

Vishal Retail Ltd, one of India’s leading discount retail chains, has announced its plan to open 100 new stores by March 2009 to have a total of 260 stores across the country. Announcing the plan, Ram Chandra Agarwal, CMD, Vishal Retail Ltd, said, “It is just the beginning of a retail..

Pantaloon Retail posts 39 per cent increase in net sales in Q1

Thu, 23 Oct 2008 05:35:13 +0000

Pantaloon Retail India Ltd, part of the Kishore Biyani-led Future Group, has declared its unaudited financial results for the quarter ended September 30, 2008.

"Pantaloon-Alpha JV still operative"

Thu, 23 Oct 2008 05:34:41 +0000

Acting promptly, Pantaloon Retail (India), part of the country’s retail pioneer Future Group, with reference to a news item appearing in a leading financial daily titled "Future calls off JV with Alpha Airports", has clarified that the JV is still operative. In a filing to Bombay Stock Exchange, the company said it is still invested in the JV. The news item in question has not been confirmed with the company.

Trent discloses unaudited financial results for Q2

Thu, 23 Oct 2008 05:34:11 +0000

Retail division of Tata group company Trent Ltd has informed BSE about the unaudited financial results for the quarter ended September 30, 2008. According to a filing on BSE, the Mumbai-based company has posted a net profit of Rs 353.4 lakh in the second quarter of this year in comparison to Rs 913.30 lakh in the previous year.

Canon remains defiant to economic slowdown, launches 85 new products

Thu, 23 Oct 2008 05:33:44 +0000

Despite global economic slowdown and market recession, Canon India Pvt Ltd, a 100 per cent subsidiary of Canon Singapore Pte Ltd, has launched 85 new products to add with its 145 existing portfolio.

Sensex sheds over 500; Retail stocks remain red

Thu, 23 Oct 2008 05:33:17 +0000

Yet another bad day for markets. The 30-share benchmark index Sensex opened with a negative gap of 228 points at 10,455 following negative cues from the global markets. Unabated selling in every segment of the stocks saw the index slip deeper into red as the day progressed. Sensex shut shop at 10169, down 513 points and Nifty at 3065, down 169 points from the previous close

Trent launches Fashion Yatra

Thu, 23 Oct 2008 05:32:51 +0000

After Westide, Trent Limited, the flagship retail arm of the Tata Group has launched its second venture which is targeted towards the masses. Called as ‘Fashion Yatra’, the first store was launched at Kalyan in Mumbai.

Wadhwan Food Retail gets new people on board

Thu, 23 Oct 2008 05:32:15 +0000

Wadhwan Food Retail Private Limited (WFRL), have appointed Rajan Bhalla and Pradeep Chechani as CEO and vice-president for supply chain respectively. Both are expected to report to Ashok Bhasin, managing director, WFRL.

German firm defers West Bengal entry

Mon, 29 Sep 2008 06:59:19 +0000

After a thorough meeting with the West Bengal chief minister and the agricultural marketing minister, German wholesaler Metro Cash and Carry has deferred taking decision about its project in the state.

Mapping customer intelligence

Mon, 29 Sep 2008 06:58:07 +0000

A two day seminar on 'Mapping Customer Intelligence-Know thy Customer' concluded on September 26 in Mumbai. The panel of speakers comprised of distinguished corporate decision makers including...

The best department store crown goes to Lifestyle

Mon, 29 Sep 2008 06:56:29 +0000

Lifestyle has bagged the Most Admired Retailer of the year in the Department Store category at the fifth edition of Images Retail Awards (IRA) ceremony, held at Grand Hyatt in Mumbai on 18th September this year.

'Flea market brings additional footfalls'

Mon, 29 Sep 2008 06:55:23 +0000

Flea Market. The term is new but the concept, certainly not. For a country like India where unity among diversity has been the USP for centuries, the idea of a flea market appears to be 'old wine with a brand new label'.

Single Window clearance for retailers likely

Mon, 29 Sep 2008 06:54:25 +0000

The government is likely to set up a ‘single window' system for the numerous clearances required by retail ventures to set up shop in this country. A long standing demand of the retail industry, presently the issue is being debated and discussed within various departments of the government.

Obstacles continue for Metro C&C in WB

Mon, 29 Sep 2008 06:49:21 +0000

All's not well for West Bengal chief minister Buddhadeb Bhattacharjee. According to reports, the ruling Left Front plunged into fresh crisis after its alliance Forward Bloc said its ministers would not attend the state secretariat from Monday to protest Bhattacharjee's order to renew the license of German major Metro Cash and Carry.

And the award goes to (India Retail Forum 2008 Awards)

Tue, 23 Sep 2008 06:57:58 +0000

Kishore Biyani, chief executive officer, Future Group, was declared the ‘Retail Face of the year’ at the fifth edition of Images Retail Awards (IRA) while felicitating excellences in the business of retail on the third day of India Retail Forum 2008 at The Grand Hyatt, Mumbai.

Total income of Pantaloon Retail up by 52 per cent

Tue, 23 Sep 2008 06:56:06 +0000

Pantaloon Retail India Limited (PRIL), the flagship company of the Kishore Biyani-led Future group has reported a 52 per cent increase in the total income of the company in the financial year ended June 30, 2008.

Triumph hits Mumbai with maiden stand-alone store

Tue, 23 Sep 2008 06:55:27 +0000

Leading intimatewear manufacturing brand Triumph International India Private Limited inaugurated its first stand-alone store in Mumbai. The store stocks an exciting range of internationally available Triumph lingerie.

Reliance launches 15th retail format

Tue, 23 Sep 2008 06:54:40 +0000

The Mukesh Ambani-led Reliance Industries Ltd’s (RIL) subsidiary Reliance Retail has launched the first store of its 15th format of specialty stores under the brand ‘Reliance Home Kitchens’ at Indira Nagar area in Bengaluru.

Westside to nurture emerging talents

Tue, 23 Sep 2008 06:53:08 +0000

Giving a helping hand to encourage emerging talents in the fashion industry, Westside, the retailing arm of Tata, has announced its plan to groom budding fashion designers under its recently launched Designer Development Programme (DDP).

Tradeshow marketing company announces retail store closures

Tue, 23 Sep 2008 06:51:10 +0000

Tradeshow Marketing Company Ltd, a specialty product development and direct to consumer commerce company with operations in North America, announced the closure of its two retail stores in Arizona, US, due to underperformance and increasingly challenging retail conditions. This decision came as part of an ongoing effort to reduce expenses and reverse losses.

PastaMania to invest Rs 40 cr for expansion

Tue, 23 Sep 2008 06:50:03 +0000

In order to expand its presence in Indian market, Singapore-based Italian fast food chain PastaMania has planned to invest around Rs 40 crore to set up 50 outlets by 2012 and is expecting a turnover of around Rs 120 crore.

Scaling market size: The BOP way

Tue, 23 Sep 2008 06:48:53 +0000

Rural and bottom of pyramid (BOP) markets are being considered the next big thing after a considerable saturation in urban markets. Global research firm McKinsey estimates India’s rural consumption to grow at a combined annual growth rate of 5.1 per cent to reach Rs 26.4 trillion by 2025 from Rs 9.7 trillion in 2005.

Mumbai gets Marks & Spencer Reliance’s first store

Mon, 22 Sep 2008 06:30:36 +0000

Marks & Spencer Reliance, a joint venture between Mukesh Ambani-led Reliance Retail and the British department store chain Marks & Spencer Group, has planned to launch their first store in Mumbai by January 2009.

Megamart opens its 100th store in India

Mon, 22 Sep 2008 06:27:43 +0000

Furthering their reach in India – value retail chain store – Megamart from the house of Arvind Limited has recently achieved the 100 mark with its 100th store in Karim Nagar in Andhra Pradesh. Future plans include setting up of 400 stores in the next 3-4 years.

Adlabs targets 300 screens by fiscal end

Mon, 22 Sep 2008 06:26:48 +0000

Adlabs Cinemas, a member of the Reliance Anil Dhirubhai Ambani Group (ADAG) and part of the entertainment conglomerate Adlabs Films, which has 181 screens in the country at present, has set for itself a target of around 300 screens by the end of this fiscal.

Welspun India to demerge divisions

Fri, 19 Sep 2008 06:18:35 +0000

Welspun India Ltd (WIL), part of the USD 3 billion Welspun Group, today announced a de-merger of its distribution and marketing and investment divisions into two separate companies at cost basis. As part of the restructuring, Welspun Global Brands Ltd (WGBL), the distribution and marketing company will hold the entire equity of Welspun Retail Limited (WRL).

Major Brands to open 68 new stores, invest Rs 50 crore

Fri, 19 Sep 2008 06:14:20 +0000

Major Brands India Pvt Ltd, the retail venture of Apparel Group in India, is in an aggressive expansion spree and has announced plans to open 68 new stores in major cities of India by 2009 to touch the 100 stores mark, up from its current 32 stores, and will invest around Rs 50 crore for this expansion.

Pyramid JV opens cineplex in China

Fri, 19 Sep 2008 06:13:28 +0000

Entertainment major, Pyramid Saimira Theatre Limited (PSTL), through its Chinese joint venture (JV), has launched its first cineplex in China, called the Huainan Pyramid Longzhe Theatre Entertainment Tower. It is a two-screen multiplex, with a total seating capacity of 290 people.

HP to open 7,500 retail partner stores

Fri, 19 Sep 2008 06:12:46 +0000

HP, a Us-based leading technology company, is all set to increase its presence in the retail market of Asia Pacific and Japan (APJ) region by setting up 7,500 retail partner stores across 1,000 cities by 2010, and its main focus is on the markets of China, India and Southeast Asia (SEA).

DIAL invites F&B retailers for its upcoming terminal

Tue, 16 Sep 2008 06:31:34 +0000

Delhi International Airport Ltd (DIAL), the consortium that manages Delhi's Indira Gandhi International (IGI) Airport, has invited tenders from interested retailers of food and beverages for opening outlets at its upcoming domestic departure Terminal-1D.

World's best brains on retail to gather at IRF

Tue, 16 Sep 2008 06:28:29 +0000

The count down begins. It is just three days to go to see the world’s top-notch retailers and professionals brainstorming at The Renaissance, Mumbai during the India Retail Forum (IRF); organised to explore new avenues of retail. In their pre-conclave note, the IRF chairman and the heads of three major partners Confederation of Indian Industry (CII), Retailers Association of India (RAI) and Shopping Centres Association of India...

Impressive line-up of speakers at IRF'08

Tue, 16 Sep 2008 06:27:28 +0000

The Indian sub-continent’s largest retail congregation – India Retail Forum (IRF) 2008 will kick start on September 16 this year at The Renaissance, Mumbai; in association with Confederation of Indian Industry (CII), Retailers Association of India (RAI) and Shopping Centre Association of India (SCAI). The three-day mega conclave will address issues concerning millions of retailers, middlemen and vendors who fear losing their business in the wake of the evolution of organised retail, apart from other issues and challenges faced by this sunrise industry.

Nakheel targets to emerge as world leader by 2018

Wed, 10 Sep 2008 06:04:02 +0000

Dubai-based real estate developer ‘Nakheel Properties’ has recently announced its plan to emerge as one of the largest shopping mall developers in the world by 2018.

Global recognition for Ambani brothers

Wed, 10 Sep 2008 06:02:52 +0000

The two Ambani brothers, Anil and Mukesh, have more reasons to celebrate the week as both of them have attained international repute for their industrial effort at the same time. While Anil Dhirubhai Ambani Group (ADAG)-led multiplex retail chain Adlabs has made it by acquiring certification from the UK-based Federation Against Copyright Theft (FACT), Mukesh Ambani-led Reliance Industries Ltd (RIL) bagged a position in Wall Street Journal’s (WSJ) 100 most respected companies in the world.

Sainsbury's embarks on own-brand drive

Thu, 04 Sep 2008 06:05:48 +0000

Sainsbury's has launched a multimillion-pound campaign to drive sales of its own-brand products.Called Switch & Save, the campaign will push its 15,000 own-brand products, which Sainsbury's said will help slash 20 per cent off food bills.

Koutons opens in Hyderabad, plans 100 stores this fiscal

Thu, 04 Sep 2008 06:04:59 +0000

Koutons Retail India Ltd, one of India's apparel majors, has opened its 1st store in Hyderabad recently. This is the company's 89th store in the country. Spread over an area of 10,100 square feet, the store will retail the entire Koutons menswear including the...

Kunal Sachdev quits Hidesign to start own retail venture

Wed, 03 Sep 2008 06:08:51 +0000

Kunal R Sachdev, who was instrumental in building the Hidesign leather brand and played a key role in taking it to international standards, has quit as CEO to set up his own venture in the retail space. Sachdev, who left Hidesign two days ago, is currently in talks with venture capitalists for raising funds to float the retail start-up. "I am looking at raising USD 3.5 million from...

Luxor to introduce Colors and High Life

Wed, 03 Sep 2008 06:08:06 +0000

Luxor Writing Instruments Pvt Ltd (LWIL), which operates the Luxor Signature brand of stores, has focussed on introducing two new verticals of retail. Branded as High Life and Luxor Colors, the stores will retail luxury and kids products respectively.

Mondon buys 50 pc mall stake worth Rs 2,493 million

Tue, 02 Sep 2008 05:43:50 +0000

Mondon Investment Ltd, the Indian subsidiary of Israel-based real estate investor Fishman Holdings, has acquired 50 per cent stake of the company, which is involved in building a mall in Ludhiana.

India’s largest mall ‘Orchid Ozone’ to start operations in 2009

The recent cloud surrounding the poor to dismal performance of a majority of the malls that opened their doors over the past one year does not seem to be deterring DB Realty to give a second thought to its plans of launching India’s largest mall in Mumbai. Scheduled to open its doors to retailers and brands in 2009, Orchid Ozone from DB Realty is confident of changing the mall culture in India with its revolutionary malls.

Kurl-On to foray into retail, divest 25 pc stake

Kurl-On, India’s leading mattress manufacturer, has announced plans to enter into retail and divest 25 per cent of the company’s stake to pump in the required amount for investment.

Nature's Essence to enter retail, open 100 stores by mid-09

Tue, 02 Sep 2008 05:36:57 +0000

Nature’s Essence, one of the country’s beauty and healthcare products manufacturer, has planned to enter the organised retail business by opening around 100 salon-cum-retail centres across the country.

Reliance Footprint to add 30 stores by this fiscal

Mon, 01 Sep 2008 07:12:33 +0000

Reliance Footprint, the footwear retail format of Reliance Retail, is planning to touch the 30 stores mark countrywide by the end of this fiscal.

Subhiksha head honcho is IRF’08 chair

Mon, 01 Sep 2008 07:11:45 +0000

India Retail Forum (IRF), arguably the country’s largest congregation of retail minds, has a new chairman on board. The Forum, for the year 2008, will see R Subramaniam, the managing director of Subhiksha, control its reins.

Lulu’s biggest mall to come up at Kochi

Fri, 29 Aug 2008 05:43:21 +0000

The UAE-based Lulu Group International, which runs more than 70 shopping malls in the UAE and Gulf, is setting up its ‘biggest’ mixed-use development, including a 300-room hotel, at an estimated investment of Rs 12 billion in the port city of Kochi in India.

Nirula's plans 140 outlets by 2010

Fri, 29 Aug 2008 05:42:16 +0000

Nirula's, one of country’s catering services major with presence predominantly in NCR, has declared its pan-India expansion plans of adding around 140 outlets by end-2010. The company, for this venture will invest around Rs 30 crore to have a total of 200 outlets by 2010, up from its current 60 outlets mark.

Odyssey opens Pune’s third store

Thu, 28 Aug 2008 06:28:26 +0000

With the opening of a 16,000 square feet store at Pune’s Kakade Mall, Odyssey, one of India’s premier leisure retailers, has expanded its retail footprint to three outlets in the city. It is also the brand’s 33rd store in the country. Announcing the launch of the store, Ashwin TS, managing director, Odyssey India Ltd, said, “With the launch of this store, Odyssey has taken the leisure quotient several notches up for the consumers of Pune.”

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A Model to Turn a New Leaf in Indian Retailing

A metaphor close enough to describe the dynamism of the Indian retail sector would be that of the Big Bang theory. Triggered by giant collision courses involving several thousand unorganised retailers occasionally rubbing shoulders against smart supermarkets, the Indian retail sector, following the years of heating and cooling, has evolved into a strong all-encompassing mass.

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Dubai shopping malls have removed the dichotomy of shopping and leisure, and created a perfect blend of retail and entertainment that appealed to families - both residents and visitors.

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Elvy introduced a mail-order catalogue for the domestic market last year and is now set to make a mark in home fashion retailing

Starting as a catalogue for high-end home decor products in the Indian market just a year back, Elvy now has five retail outlets across Delhi/NCR region and 10 more are planned to be opened by 2008.

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Getting hearty in the business of breakfast

From running a large packaging company to producing breakfast foods, has been a big shift for Sanjeev Khemka. The mechanical engineer-turned-manufacturer of breakfast cereals and snacks spoke...

Vishal means 'big', literally

Timely decisions, defined strategy, and a futuristic approach, clubbed with an understanding of consumers' needs as also the ability to create one, are the qualities that mark out the best retail companies...

Caring personally with products from nature

With a borrowed sum of Rs 5,000, Rajkumar Nanda nurtured a natural product to make it a brand, which in the present has earned him a whopping turnover of Rs 30 crore - and is pacing to touch the 100 crore-mark soon.

There's no discounting this

There's no discounting this Started in the year 2004 as a 'value retail' format, The Loot today has successfully set up 25 outlets across India, including in tier II cities.

Provoking the cult of coffee consumption

Barista heralded the concept of 'out-of-home premium coffee consumption' in outlets with an 'attitude'. However, a lot of retail coffee has flown down the throat of Indian coffee lovers, since Barista made its foray in 2000.

A Pan American tale

It takes a lot to take a zonal brand and grow it into a Rs 50-crore company. Vishnu Rageev R quizzes its Columbus - Rajkumar Lalwani, director, Royalex Fashions India Pvt. Ltd - to discover the less-covered voyage of a brand called Pan America...

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A key issue is the importance of having all or most of your tenants opening at the same time when a shopping centre is launched. Middle Eastern culture is not yet attuned to that concept and there are two major consequences of this.

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Blue Foods Private Limited: Delivering desired delicacies

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Shopping Centre Development in India in the larger context of Urban Planning

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A Model to Turn a New Leaf in Indian Retailing

Retailwire: Sam's Club Turns 25

Through a special arrangement, here is an excerpt from one of RetailWire's online discussions, along with the results from RetailWire.com's instant poll. US-based RetailWire.com presents the latest industry news and issues with key insights from a "BrainTrust" of retail industry experts.