IndiaRetailBiz

After Kerala and West Bengal, it is now the turn of Tamilnadu to impose restraints on expansion of organised retail in the state.
In a review meeting of Co-operation and Food departments in Tamil Nadu, which was chaired by the Chief Minister M Karunanidhi, the government has decided to study the measures adopted [...]

Having already announced investment of about Rs 1,000 crore in its flagship retail venture Spencer’s, RPG is going to further invest Rs 300-odd crore to expand its smaller retail chains operating under the brand names of RPG Cellucom, Music World and Books and Beyond. This was revealed by RPG Enterprises Chairman Harsh Goenka to PTI [...]

Things are becoming more and more ominous for organised retailers as protests against them grow from strident to violent.
Traders in Kerala under auspices of Kerala Vyapari Vyavasayi Ekopana Samithi (KVVES), a leading traders’ body, are getting ready to launch an agitation and if necessary an ‘armed struggle,’ to prevent entry of MNCs and big Indian [...]

To leverage on uninterrupted growth being registered by telecom sector, Pantaloon Retail, the country’s biggest listed retailer, has decided to expand its business in this segment by forming a 50:50 joint venture with the UAE-based Axiom Telecom LLC.
The new joint venture having an equity investment of US$ 40 million, will focus on achieving [...]

After three failed attempts at obtaining approval for its foray into India, the iconic coffee chain brand Starbucks has decided to withdraw its application to operate single-brand retail stores in India. While, it declined to offer any explanation for its decision, it is not abandoning its plans to do business in [...]

Flemingo Duty Free Shops Pvt Ltd, a UAE-based duty free operator having operations spread across the UAE, India, Kenya, Srilanka and Tanzania, including 25 stores at arrival and departure terminals of 12 Indian airports in the northern, southern and western regions of the country, was among the 17 applicants, whose proposals to bring [...]

Metro Cash and Carry, the Germany-based world leader in the self-service wholesale, which has chosen to enter India through wholesale retail (cash and carry) route, is looking at moving into North with an investment of Rs. 650 crore in Haryana, after having already made investments in the states of Karnataka, Andhra Pradesh, West Bengal, [...]

Indian consumers, a vast majority of whom see bright future on jobs, personal finances, and economy, with the index score of 135 (global average:97) have topped on the Nielsen’s “Global Consumer Confidence Index.” India has topped fifth time in a row on this index.
The Global Consumer Confidence survey is conducted every six months [...]

Close on the heels of its entry into Punjab with ‘Fresh’ outlets in Ludhiana and Jalandhar, Reliance on Monday, the 16th, opened its innings in Amritsar with the launch of two ‘Fresh’ stores. While occupying an average four thousand plus square feet of space, these stores employ over 20 persons each.
Reliance, according to a spokes [...]

Having already introduced fresh vegetables, fruits, flowers, food, grocery and bakery products in its neighbourhood ‘Fresh’ format, Reliance Retail began selling liquid milk on ‘pilot’ basis from 43 of its stores in the twin cities of Hyderabad and Secunderabad. This marks the entry of Reliance in the dairy products sector. Earlier, it [...]