Comrades in Kerala appear to have developed a penchant for inaugurating Reliance shops. When questioned, they either feign complete ignorance or blame their friends for blunders committed by them.
Reliance has pulled another coup of sorts, when it roped in Comrade C K Manisankar, Deputy Mayor of Kochi, to open another of its […]
Entries from June 2007
Reliance ropes in another Red leader to launch its 2nd shop; embarrassed party reprimands errant leaders
June 30th, 2007 · No Comments
Tags: Mukesh Ambani (Reliance) · Policies/ Government
Why luxury goods retailers are rushing into India?
June 29th, 2007 · No Comments
Most global luxury brands like Louis Vuitton, Hermes, Jean Paul Gaultier and Gucci, Tag Heur, Espirit, Armani, Gabbana, Escada, Dunhill are betting big on India. This was evident from the views expressed by the premium luxury goods retailers during the conference on the subject held a few months ago at New Delhi by the HT-Mint. […]
Tags: Consumers/ Behaviour · Retail Research
Khaitan foraying into retail; plans to open 25 stores this fiscal
June 28th, 2007 · No Comments
The Kolkata-based, Rs. 310 crore, electrical major, Khaitan Electricals, which among other manufactures and markets electrical fans, appliances, lighting products and pumps, has decided to foray into organised retailing.
Khaitan will launch its multi-product, multi-brand, ‘Lmart’ shop in Kanpur next month. The 9,000 sq.ft. shop, apart from offering premium range of fans, will offer electrical appliances […]
Tags: Retail
Tommy Hilfiger on expansion drive; plans to more than double the number of stores within six months
June 28th, 2007 · No Comments
To cash in on the rising demand of branded garments, Tommy Hilfiger– the US-based, internationally famous, premium fashion brand, has decided to more than double its presence within the next six months, in the country. It licensee Arvind Murjani Brands will set up 11 new stores to the existing network of nine exclusive stores […]
Tags: Retail
RCOM, BIMTECH and Philadelphia University join hands to offer PG course in retail management
June 27th, 2007 · 2 Comments
RCOM (Reliance Communications) has joined hands with BIMTECH (Birla Institute of Management Technology) and the US-based Philadelphia University to offer a course on retail management titled `Executive Program for Retail Management (EPRM)’. Graduates with minimum two years experience will be eligible for the course.
Admissions could be offered to up to 1,000 […]
Tags: Mukesh Ambani (Reliance) · Education/ Training
Reliance pulls off a coup in Kerala; gets Comrade Mani to open its store in Kochi
June 27th, 2007 · No Comments
Reliance Retail, whose entry in the left controlled states of West Bengal and Kerala is scoffed at by the ruling combine, according to an Sunday Express (24th June) report, has pulled off a coup of sorts by getting Comrade Dinesh Mani, ex-mayor and present MLA of Kochi, to inaugurate a supermarket it opened in […]
Tags: Mukesh Ambani (Reliance)
Starbucks wants to submit revised proposal; asks authorities to withhold the application
June 27th, 2007 · No Comments
Starbucks, the US-based, over $8 billion, biggest retailer of coffee in the world, having more than 13,000 stores across the world, has decided to re-submit its proposal for foraying into India. This will obviously further delay its plans to enter the country. It had planned to open its first coffee store in New […]
Tags: Kishore Biyani (Future Group) · Policies/ Government
RPG eying 150% growth in turover this year, mulls 1,200 crore outlay on 2,000 outlets in 2 years
June 26th, 2007 · No Comments
RPG Retail, the retail arm of R. P.Goenka group, is eying a growth of 150% in its turnover this year, over the previous year. It expects to garner Rs. 1,500 crore business in 2007-08 against the turnover of Rs. 600 crore in 2006-07, said Sanjiv Goenka, Vice-Chairman, RPG Enterprises. He was speaking […]
Tags: Retail
You are a high potential shopper if you speak English, frequent Coffee shops and watch movies
June 26th, 2007 · No Comments
Lodestar Universal Labcenter recently conducted a study of 72 towns across the country to understand the factors influencing the behaviour of shoppers, which then were ranked on the basis of their shopping potential.
Lodestar Universal, a part of the international media and advertising powerhouse Interpublic Group (IPG), was formed in India by merging the […]
Tags: FMCG · Consumers/ Behaviour
Delhi Govt. asks retail chains to pay mandi tax on prchase of agri-products; cites APMR Act
June 25th, 2007 · No Comments
The state Government of Delhi has come heavily on big retail chains and asked them to comply with the provisions of Delhi Agriculture Produce Marketing Regulation Act, which mandates payment of 1% fees on every commercial purchase of agri products including vegetables, fruits and milk-based products like khoya.
These chains escape the […]
Tags: Policies/ Government
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