While, over 200 international luxury retail brands like Escada, Alfred Dun Hill, Hermes are wanting to foraying into India, they are finding it difficult to do so for want of suitable space and high rental cost.
The situation, however, may change soon and customers accustomed to good life may not have to travel to Dubai, Singapore […]
Entries from March 2007
Exclusive malls for luxury goods in India
March 31st, 2007 · No Comments
Tags: Retail
Titan bets big on vision correction; to launch 150 Titan Eye+ stores
March 30th, 2007 · No Comments
Having registered huge success in the retail space of watch and jewellery products, Titan Industries, a Tata Group company, is now foraying into prescription eyewear retail business. It has decided to set up 150 Titan Eye+, style and eyecare stores in Class A and B towns across the country over a time span of five […]
Tags: Tatas (Westside/Croma/Landmark/Teisco/Other)
Westside plans big expansion, opens a franchisee store in Mysore
March 30th, 2007 · 1 Comment
Trent Limited, which is among the pioneering modern retailers of the country, has launched its ‘Westside’ retail store in Mysore. This is its first franchisee store in the country. Westside, which began retail operations from Bangalore in 1998, is one of the two retailing arms of the Tata Group operating with flagship Westside (lifestyle products), […]
Tags: Tatas (Westside/Croma/Landmark/Teisco/Other)
‘fresh@’ enters Bangalore; to make ‘home delivery’ as main selling plank
March 30th, 2007 · No Comments
The Hyderabad-based, Chandrababu (Ex CM Andhra) family owned Heritage Foods, a dairy products’ major, has launched three fresh@ stores in Bangalore. While ‘fresh@’ already has 12 outlets in Hyderabad, it has decided to set up atleast 100 fresh@ retail outlets in the South India by end 2007, 30 of which will be in Bangalore alone. […]
Tags: Retail
‘Build-a-Bear’ to enter India through Shoppers’ Stop
March 30th, 2007 · No Comments
Shoppers’ Stop, the country’s second biggest listed retailer, owned by K Raheja Group, has entered into a three year non-exclusive agreement with Murjanis to bring ‘Buid-a- Bear Workshop‘ one of the fastest growing US interactive kids brands in India. Initially, Build-a-Bear will be offered through shop in shop format, which depending on customer response […]
Tags: Retail
Reliance preparing to score maiden century; also to sell electronics
March 29th, 2007 · No Comments
Having launched first cluster of 11 Reliance ‘Fresh,’ neghbourhood, convenience stores in Hyderabad, on 3rd November, 2006, Reliance Retail — the retailing arm of the Mukesh Ambani owned Reliance Industries, has come a long way in a short span of five months. It is close to scoring the century with its 100th store, expected to […]
Tags: Mukesh Ambani (Reliance)
Reliance to rejig HR function; to put focus on retaining talent
March 28th, 2007 · No Comments
Having already lost a few top level managers to competition, Reliance is embarking upon rejigging its HR policies for recruiting and more importantly retaining scarce talent. The new policy, according to a report in the Economic Times, among others, will look at critical areas of talent acquisition, transformation, concept and design for the company’s retail […]
Tags: Mukesh Ambani (Reliance) · HR/ Employment
“Hariyali” to provide back-end support to retail chains for farm produce
March 27th, 2007 · No Comments
No argument in favour of modern retail can ever be completed without talking about the benefits that will accrue from direct procurement of farm produce and creation of back-end infrastructure. This, experts believe, will translate into 40-odd per cent benefit to farmers and consumers. This would also result in the savings accruing from rotting of […]
Tags: Retail
Shiv Sena demands jobs in ‘Shopping Malls’ for locals
March 26th, 2007 · No Comments
The ongoing battle to occupy Marathi space between the Thackerey cousins (Raj and Uddhav) could have far reaching consequences for organised retail in Mumbai, which accounts for lion’s share of the booming sector.
Reviving the ’sons of the soil’ agenda, while addressing the 33rd annual convension of the Sena affiliated Bhartiya Kamgar Sena, on Sunday, […]
Tags: Policies/ Government
Subhiksha expanding fast and furious: 1,000 stores by end-2007; 2,000 in two years
March 26th, 2007 · No Comments
The R. Subramanian owned, Chennai-based, value retail chain, Subhiksha, which is among the oldest modern retail players is expanding its operations furiously.
The expansion of the chain, which is partly owned by ICICI Venture Capital (24%), has gained momentum, since it began moving beyond its home in the South. While, Subhiksha already has a footprint in […]
Tags: Subramanian (Subhiksha)
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