Reliance Retail, part of Mukesh Ambani’s Reliance Industries group, plans to add 3,000-4,000 stores across all retail formats over 3-4 years, a official said on Tuesday. The firm currently has…
Urban Revolution In Innovative Retail
September 28, 2010 By Leave a Comment
The emergence of new retail concepts is largely driven by the growth in consumer incomes. This category of consumers, who is spending more time at work and travelling, is keen on…
Wal-Mart Sets Sights On Africa In £2.9bn Bid For Massmart
September 27, 2010 By Leave a Comment
The world’s biggest retailer, Wal-Mart, wants to introduce its price-slashing, cost-cutting style of business to sub-Saharan Africa through an R32bn (£2.9bn) takeover proposal for Massmart…
Self-Tanning Firm St Tropez Sold To Soap Maker PZ Cussons
September 27, 2010 By Leave a Comment
Self-tanning products firm St Tropez, whose fake tan spray is used by celebrities including Victoria Beckham, has changed hands again. Its UK owner LDC, the private-equity arm of Lloyds Banking Group, has sold the firm for…
Dabur To Take Franchise Route To Expand Retail Venture
September 27, 2010 By Leave a Comment
Consumer goods firm, Dabur India Ltd will start adopting the franchise route for its retail stores ‘Newu’ and explore smaller format stores in order to expedite expansion. The company’s subsidiary…
Sainsbury’s Explores Prospect Of Opening Stores In China
September 26, 2010 By Leave a Comment
Sainsbury’s is looking at plans to open stores in China that could see it go head to head with Tesco in the fastest-growing grocery market in the world. A move into China would mark Sainsbury’s first overseas…
Reliance Brands Eyes Acquisition, Plans Own Label
September 26, 2010 By Leave a Comment
Reliance Brands, a subsidiary of Mukesh Ambani-led Reliance Retail, is scouting for acquisition in the domestic market, besides launching its own luxury label in the next 18 months. The company…
Living Room Plans To Open 100 Electronic Retail Outlets
September 26, 2010 By Leave a Comment
Living Room Lifestyle Ltd is now aggressively moving ahead with its business expansion plans as informed earlier. As a part of these plans, the company plans to open 100 electronic retail outlets in a phased manner, on a pan India basis for…
The Mobilestore – TMS To Add 700 Outlets In Six Months
September 26, 2010 By 1 Comment
The Essar Group-owned telecom retailer, The MobileStore, is planning to add 700 outlets in the next six months. The company already has 1,200 outlets across 200 cities and 45 per cent…
Games Fiasco May Hit Brand India, Hit Retail Spending, Says Moody’s
September 25, 2010 By Leave a Comment
International rating agency Moody’s has said that the Commonwealth Games fiasco could tarnish India’s reputation as a destination for tourists and foreign investment. In a report released on Friday…
Recent Comments