Tag Archives: Retailing

SRM School of Management to organise retail conference

More than 200 delegates, including researchers from abroad, will be participating in a three-day international conference on retail excellence to be organised by the SRM School of Management, SRM University on December 22 to Continue reading

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Bharti Retail plans more Easy Day format stores

Bharti Retail, a wholly owned subsidiary of Bharti Enterprises, plans to set up 70 retail stores by December and close to 200 stores by December Continue reading

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Kirana shops set store by Bharti Wal-Mart

Six months after it first opened, Bharti Wal-Mart’s store is well on its way to changing the life of the people of Continue reading

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Shopper’s Stop pares private label sales

Bangalore, Nov. 25 Unlike other retailers that focused heavily on private labels to beat the slowdown blues, department store chain Shopper’s Stop has shrunk its private label offerings to prevent blockage of working capital during the Continue reading

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Apollo DKV to tap parent co’s hospitals, pharma chain

Apollo DKV Health Insurance will leverage the Apollo Hospitals and pharmaceutical chain and add 2,000 agents by April 2010. The standalone health insurance company, in its first year of operations, has clocked a premium of Rs 60 Continue reading

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Reliance reopens petrol outlets

Reliance Industries Ltd has re-opened 900 of its auto fuel retail outlets out of the total 1,432 outlets. Mr P Raghavendran, President (Refinery Business), RIL, told newspersons here on Tuesday at the sidelines of an energy conference that “we Continue reading

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Vishal Retail’s CDR may take shape in two months

Value retailer Vishal Retail’s proposal for corporate debt restructuring is likely to take a final shape in the next 60 days. The company is planning restructuring debt worth Rs 730 Continue reading

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PVR acquires DLF’s DT Cinemas

New Delhi, Nov. 13 PVR Ltd announced on Friday that it has acquired DLF Group’s DT Cinemas. Continue reading

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Marks & Spencer on markdown drive

Bangalore, Nov. 11 In an attempt to shrug off its ‘unaffordable tag’ among Indian consumers, UK-based retailer Marks & Spencer is consciously marking down prices. Continue reading

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Wal-Mart scion meets PM

India has once again ruled out the possibility of allowing international multi-brand retailers to enter the country saying it will stick to the current single-brand foreign investor model. “This is no time for us to revisit the plans in Continue reading

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Future Group targets Rs 30,000-cr turnover

Hyderabad, Oct. 23 Mr Kishore Biyani, Chief Executive Officer of the Future group, has said the group is aiming at a turnover of Rs 30,000 crore and total retail space of 30 million sq. ft by 2013. Continue reading

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Spencer’s Retail plans expansion in select clusters

Having identified 13 profitable clusters across the country, Spencer’s Retail is looking at a planned expansion in these regions in the next couple of years. Continue reading

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ITC’s Lifestyle upbeat on improving consumer sentiments

Kolkata, Oct. 22 From almost flat sales growth in 2008-09, ITC Ltd’s Lifestyle Retailing Business Division saw low-single digit growth during the first quarter of 2009-2010. It is hopeful of witnessing 15 per cent sales growth during the Continue reading

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Retailers sparkle as festival season boosts spending

Bangalore, Oct. 20 The festival season seems to have erased memories of floods, flu and famine. Indians are shopping again and retailers, particularly in the organised segment, are back in high spirits thanks to sales figures that have Continue reading

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Demand for retail space on the rise

New Delhi, Sept. 28 After being virtually comatose for three quarters, retail real estate demand is showing some signs of revival as players in organised space begin to put their expansion back on track. Continue reading

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Retail rentals continue to fall

Mumbai, Sept. 23 Retail rentals across metros corrected by about 10 per cent in the first half of 2009 compared with the second half of 2008. The drop could be as high as 40 per cent in many locations when seen in the context of rentals in the Continue reading

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Kerala allows retail sale of Tamiflu

The Kerala Government has allowed the sale of Oseltamivir (Tamiflu) tablets used for treating Influenza A (H1N1) as a Schedule X drug through medical shops and pharmacies in private hospitals. However, the current system of Government supplies Continue reading

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Spencer’s scripting a turnaround story

Chennai, Sept. 18 Mr Sanjiv Goenka, Vice-Chairman of the RPG Group, loves his cup of Haagen-Dazs ice cream. To indulge shoppers at the Spencer’s store at the South City Mall in Kolkata, the retail chain imported 1,000 tubs of the ice-cream, Continue reading

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Orra Diamonds opens store in Pune

Orra Diamonds has entered Pune with the launch of its exclusive jewellery store. This is the company’s 30th store in the country. Mr Vijay Jain, CEO and Director, Orra, said, “India is ready for a whole new segment of high-end jewellery. Continue reading

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Evok goes small with specialty formats

Having tasted success with its super format home improvement and adornment stores, Hindware Home Retail (HHRL) is going small with its specialty formats. Continue reading

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Delhi to sell subsidised pulses thru’ Mother Dairy booths

With prices of pulses on a high, the Delhi Chief Minister, Ms Sheila Dikshit, on Saturday launched a scheme to sell the five most consumed pulses at subsidised rates in the capital. Continue reading

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Barista Coffee to add 100 stores in India

Barista Coffee Company Ltd is brewing widespread expansion plans in India by adding 100 stores entailing an investment of Rs 40 crore every year, according to its Chief Operating Officer, Mr Sanjay Coutinho. Continue reading

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Infiniti Retail looks to cross Rs 1,000-cr turnover

Mumbai, Sept. 2 Infiniti Retail, a subsidiary of Tata Sons, with its Croma brand of retail stores, is expecting to cross a turnover of Rs 1,000 crore this year. With Tata Sons having injected a total capital of Rs 220 crore (the debt component is Continue reading

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Tanishq opens largest jewellery store in Chennai

Chennai, Sept. 2 Titan Industries is planning a Rs 100-crore capital expenditure during the current financial year. Continue reading

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CESC to sell 20% stake in Spencer’s

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