IndiaRetailBiz

The Kolkata-based, Rs. 11,000 crore, RPG Group which has interests in power generation, real estate and retail, is betting big on retail. Its 109 years old Spencer’s Retail, claimed to be pioneer in the organised retail space, openend its Hyper stores’ innings in West Bengal with the launch of a 16,000 square feet big outlet […]

Pantaloon India, a part of the Kishore Biyani owned Future Group, announced a whopping 109% increase in net profits (Rs. 101.32 crore) and 71% increase in revenues (Rs. 2217.09 crore) for the nine month period ended March 31, 2007. The growth was over the corresponding period in the previous year.
Likewise, growth in the net profit […]

Pearl Academy of Fashion, which has recently collaborated with the Future Group to offer a course in visual merchandising and retail experience managemen, is offering an independent post graduate diploma course, in Fashion Merchandising. It was set up a decade or so ago by the Pearl Global Limited, an apparel major. The Academy is aiming […]

In a recent article in the Business Standard, Arvind Singhal, Chairman, KSA Technopak, a leading retailing consultancy, has described his experiences on how businesses run by even enlightened managements treat their customers as “unwanted” and “unwelcome.”
Juxtapose this with the experience of a Delhi-based blogger Aditya Chaturvedi who, referring to our recent post, has described […]

While, Asok Bhattacharya, the West Bengal minister of urban development and municipal affairs, belonging to CPI (M), is welcoming the move of Kolkata Municipal Corporation (KMC) to develop its 76 years old Park Circus Market, in partnership with Reliance Group companies, which had put a successful bid of over Rs 30 crore for the […]

Wednesday (26th April 2007), will go down in the country’s history as a historic day, when in its economic march, India became the 12 th country to join the exclusive club of economic powers, whose GDP, at nominal (market) prices, has crossed US$ One Trillion (Rs. 41 lakh crore) mark. This became possible […]

Given current political uncertainty as regards FDI in retail, particulary on front-end, multibrand retail, Carrefour- the France-based, second biggest retailer of the world, according to an Economic Times report, has called off its plans of foraying into India, until some clarity on policy for FDI in retail from transnationals emerges.
“We will not be in a […]

Mukesh Ambani owned Reliance Retail, as reported yesterday, has launched its first speciality store for ‘consumer durables’ ‘Reliance Digital’ at Gaziabad in NCR on Tuesday. This is a part of the Rs. 25,000 crore retail initiative of the Group, which is going ahead with the roll out a network of neighbourhood stores, speciality stores, […]

Having already launched over 100 Reliance ‘Fresh’ neighbourhood, convenience format, daily needs’ retail stores across the country, Reliance Retail, the retailing arm of Mukesh Ambani owned Reliance Industries, made its foray into speciality format with the launch on Tuesday of Reliance ‘Digital,’ its consumer durables’ retail format in the NCR at Shipra Mall in […]

Damas India, a part of the leading UAE-based international fashion and jewellery network, founded in 1907, which began its India operations from Bangalore in August, 2005, has already set up 12 jewellery stores across the country including at Mumbai, New Delhi, Gurgaon, Pune, Ahmedabad and Kochi, three of which at Ahmedabad, Kochi and Gurgaon […]