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Entries from February 2007

ICRIER assigned to study impact of BIG retail

February 28th, 2007 · No Comments

ICRIER (Indian Council for Research on International Economic Relations), the 25 years old, autonomous, policy oriented, not-for-profit research organisation, which among others carries out research on subjects like Financial Liberization and Integration, has been mandated by the Union Commerce Ministry’s Department of Industrial Policy & Promotion, with the task of studying the impact of ‘big’ […]

Tags: Policies/ Government

Reliance ‘Fresh’ faces political opposition in South

February 28th, 2007 · No Comments

S. Ramadoss headed PMK (Pattali Makkal Katchi), the ruling alliance partner in the DMK ruled Tamil Nadu, has asked Reliance to pack up in one month as small vegetable vendors according to him are unable to compete with the retail giant, reports DNA Money. Reliance Fresh currently operates 12 neighbourhood, convenience, retail stores in Chennai. […]

Tags: Mukesh Ambani (Reliance) · Policies/ Government

Electrolux studying retailing through Reliance Retail

February 28th, 2007 · No Comments

Electrolux Kelvinator Limited, the Dhoot owned, consumer airconditioner, refrigerator and washing machines major is studying the pricing and marging economics of supplying its range of white goods to Reliance Retail, reports The Financial Express.
Any deal with the Reliance’s retail entity will substantially boost sales volumes of Electrolux products, which are presently sold through a network […]

Tags: Mukesh Ambani (Reliance)

Tanishq to clock 1,250 crore in sales; to open 20 new stores in a year

February 28th, 2007 · No Comments

Tanishq, the pure jewellery brand of Titan Industries, a Tata Group company, recently launched its 88th retail outlet in Bangalore. The new outlet incorporating southern architecture occupies retail space of 3,500 sq.ft.
Tanishq, which also crossed an important milestone of Rs. 1,000 crore in turnover, is expecting to finish the current fiscal with a turnover of […]

Tags: Tatas (Westside/Croma/Landmark/Teisco/Other)

Aldeasa to open Duty Free at Sahar in JV with ITDC

February 28th, 2007 · No Comments

Aldeasa, the No.1 Spanish operator of duty-free shops, in joint venture with ITDC, has won a contract to set up duty free retail shop at the Sahar International Airport Terminal 2C, in Mumbai.
Aldesea, the world’s fourth biggest duty free retailer, with over $600 million in annual turnover, operates most of its 220 plus […]

Tags: Retail

Pure retail domestics players welcome appointment of experts’ panel

February 26th, 2007 · 1 Comment

The Prime Minister Manmohan Singh’s recent directive to the Ministry of Commerce to set up a panel of experts to comprehensively review the government’s current policy on retail, particularly to asses the impact of not only the FDI by foreingn retailers but also of large investment by big domestic players, has led some of the […]

Tags: Policies/ Government

Could Tesco check-mate Wal-Mart in the UK?: An interesting tale of two retail giants

February 26th, 2007 · No Comments

We came across an interesting blog written by the London-based Max, which analyses as to how the UK’s biggest retailer Tesco, following a smart strategy, is pushing its arch rival ASDA (the UK-based subsidiary of Wal-Mart) into the jaws of the discount retailers. Wal-Mart seems to be suffering because while on the one hand it […]

Tags: Bharti (Bharti Retail/ Bharti-Wal-Mart) · Consumers/ Behaviour · Research/ Analysis/ Stats/ Trends

Ills of FDI in retail listed

February 26th, 2007 · No Comments

Heated debate is currently going on in the country about desirability or otherwise of allowing FDI (Foreign Direct Investment) in retail. Opposition to the FDI has got accentuated during the recent visit of Mike Duke, Wal-Mart’s Vice Chairman and CEO, International Operations. Photo alongside displays burning of the effigy by protestors in New Delhi.
Our readers, […]

Tags: Policies/ Government

Daily retail news roundup

February 26th, 2007 · No Comments

Café Coffee Day, Barista to expand overseas operations
At a time when global coffee retail giants such as Starbucks, Illycafe’s `Espressamente’ among others have lined up at the doorsteps of the Indian market, the home grown retailers Café Coffee Day (CCD) and Barista are looking at expanding their overseas operations without sacrificing on their growth plans […]

Tags: Retail

Weekly retail news roundup

February 25th, 2007 · No Comments

Shoppers’ Stop, HyperCITY sign MoU with UK’s Home Retail
As reported earlier, K Raheja owned Shoppers’ Stop and HyperCity have signed an MOU to develop the Argos retail format stores in India. Argos is among the leading general merchandise retailers in the UK and Ireland which operates a unique format of catalogue stores, along with […]

Tags: Retail