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Entries from July 2007

Domino’s to more than double its retail outlets in three years; increase delivery segment market share to 50%

July 31st, 2007 · No Comments

Domino’s Pizza, the world famous Pizza brand, has decided to expand its Rs.470 crore retail business in India further by investing about Rs 230 crore over the period of next three years.
Domino’s Pizza India Ltd. ( a subsidiary of the Domino Pizza Inc. USA), according to a Business Standard report, plans to more [...]

Tags: FMCG · MBO (Multi Brand Outlet) · Restaurants

Shoppers’ Stop Q1 net declines despite good growth in sales and gross margin

July 31st, 2007 · No Comments

Shoppers’ Stop, the retail venture of construction giant K Raheja group, while recording an increase of over 32% in its turnover during Q1:FY2008 over the corresponding period last year has reported a decrease of 57% in net profit from Rs. 7 crore last year to Rs 3 crore in the same [...]

Tags: Retail

Bharti close to signing agreements with Wal-Mart

July 31st, 2007 · No Comments

Bharti, the telecom behemoth of the country, after many failed deadlines, may now be close to signing agreements for its retail deal with the the world’s biggest US-based retailer Wal-Mart.
The deal was signed over eight months ago in November, 2006. Bharti will be signing agreements for (a) franchise arrangements for its [...]

Tags: Bharti (Bharti Retail/ Bharti-Wal-Mart)

Reliance Mart: the first Reliance Hypermarket gets ready to go on stream by 15th August

July 26th, 2007 · 1 Comment

The first hypermarket of Reliance Retail, to be called ‘Reliance Mart,’ is ready to go on stream in Ahmedabad by 15th August, 2007.
Occupying 2,50,000 square feet of space, 90,000 of which will be on the ground floor itself, in the Iskcon Mega Mall, on S.G. Highway of the city, the new [...]

Tags: Hypermarket/ Supercentre · Mukesh Ambani (Reliance)

Local retailers in Vietnam scramble to open new supermarkets before arrival of MNCs

July 26th, 2007 · No Comments

We came across an interesting report on how retail sector in Vietnam is going to witness a paradigm shift, two years from now, in 2009, when retail sector in that country is opened to MNC retailers. Except for clarity on road map for allowing FDI, the situation appears no different than what is [...]

Tags: Retail

Chennai-based furniture retailer restrained from using Carrefour name; High Court uphelds French retailers plea

July 25th, 2007 · 1 Comment

In an interesting trademark related judgment, that in future could have far reaching consequences, the Honourable Madras High Court has agreed with the prayer of French retailer Carrefour that it is the legal owner of the registered trademark ‘CARREFOUR’ and that the public could be deceived into believing that products offered [...]

Tags: Retail

Left allies in Bengal become more strident; demand strict laws against entry of big businee in retail

July 25th, 2007 · No Comments

As CPI (M) demands the Central government to “safeguard” the interests of small traders and shop owners, its coalition partners in the ruling West Bengal government, including the Forward Bloc, the RSP and the CPI, are becoming more strident and intensifying pressure on the Chief Minister Buddhadeb Bhattacharjee to restrict entry [...]

Tags: Policies/ Government

Bharti-Wal-Mart joint venture on track, says Sunil Mittal; first store to roll out by mid-2008

July 24th, 2007 · 1 Comment

Bharti’s joint venture with the world’s biggest retailer Wal-Mart is on track, said Sunil Mittal, Chairman & CEO, Bharti Group, on 21st July. While, India’s biggest telecom player, Bharti Enterprises is seeking technical and sourcing support of Wal-Mart for its front-end retail stores, it has decided to set up Wholesale retail (cash and carry) business [...]

Tags: Bharti (Bharti Retail/ Bharti-Wal-Mart)

Is Starbucks’ looking for a new partner in India?

July 24th, 2007 · No Comments

Starbucks, the US-based world’s biggest coffee retailer, is constantly in the news in India. Its moves to make foray into the country make fascinating reading for those interested in watching the government’s evolving policy on FDI in retail on the one hand, and the way in which giant retailers go about their expansions [...]

Tags: Policies/ Government

Dabur unveils retail roadmap; roll out to begin from early 2008

July 24th, 2007 · No Comments

Dabur India, the consumer goods major known for such famous brands as Dabur Chyavanprash and Vatika, has reported consolidated 32.6% growth in net sales and 36.3% growth in net profit in Q1:FY2008 over corresponding period in the previous year.
While, announcing the Q1:FY2008 results it also unveiled roadmap for its foray into [...]

Tags: Retail

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