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Entries from August 2007

Croma launches new stores in Pune; plans to open 100 megastores in 30 months

August 31st, 2007 · 2 Comments

Croma, the retail chain of large format consumer electronics and durables mega stores, owned by one of the Tata Group retail arms Infiniti Retail, launched two of its new mega stores in Pune on 30th August, 2007. The Pune stores are located at Ishanya mall (off Airport Road) and Krome mall (Solapar [...]

Tags: Consumer Electronics/ Home Appliances · Durables · New Ventures/ New Launch/ Expansion/ Investment · Supermarkets/ Megastores · Tatas (Westside/Croma/Landmark/Teisco/Other)

Welcome respite for Reliance in the land of ‘Left’; government assures protection to its properties

August 30th, 2007 · No Comments

In a welcome respite of sorts for Reliance Retail, the retail arm of Mukesh Ambani owned Reliance Group, which on Tuesday had approached West Bengal Chief Minister Buddhadeb Bhattacharjee, has received assurance of the government to provide protection to its properties in the state.
“We shall give protection to Reliance’s properties to [...]

Tags: Mukesh Ambani (Reliance) · Policies/ Government

Welhome and Spaces on network expansion drive

August 30th, 2007 · No Comments

Welspun Retail, a part of the US$ 1 billion Welspun Group, among the country’s pioneering retailers of soft furnishings, according to group Director Dipali Goenka, has decided to aggressively expand its retail chains’ network that comprises ‘Welhome’ and ‘Spaces’ brands, reports PTI.
Welspun, which currently supplies its products to retail biggies like Shopper’s Stop [...]

Tags: New Ventures/ New Launch/ Expansion/ Investment

States can not close shops permanently, says Pawar

August 29th, 2007 · No Comments

Politicians, almost of all hues and colours, these days, while jumping on the “livelihood security bandwagon of small traders” are opposing the entry of big business houses in retail sector, particularly in the area of retail of ‘fresh’ or ‘green’ products.
In the midst of all this, Sharad Pawar, the Union Minister of Agriculture & [...]

Tags: Food and Grocery · Mukesh Ambani (Reliance) · Policies/ Government · RPG (Spencer's/ Other) · Restaurants

Globus undertakes all round expansion; plans multi-fold rise in stores, space and sales, over next 5 years

August 28th, 2007 · No Comments

Globus, the Rajan Raheja group owned fashion apparel retail chain, which was busy building its sourcing and designing backbone, is now ready to expand front-end retail operations, reports Business Standard.
In the next five years, it will set up 130 to 135 new stores in 70 cities across the country. While, [...]

Tags: Apparel & Fashion · E-tailing/ Online retailing · New Ventures/ New Launch/ Expansion/ Investment · Supermarkets/ Megastores

Concerned about safety of employees and propery, Reliance puts expansion of ‘fresh’ stores on hold in North and East

August 28th, 2007 · No Comments

Concerned about safety of its employees and properties, Reliance Retail, the retail arm of Mukesh Ambani owned Reliance group, has decided to put its roll out plans in the North and the East on backburner until the company is assured of the same, said Raghu Pillai, President & Chief Executive (Strategy & [...]

Tags: Convenience Store · Daily Needs · Fresh Foods · Mukesh Ambani (Reliance) · Policies/ Government

Big Apple embarks on fourfold expansion in NCR; plans to add 150 stores in 18 months

August 27th, 2007 · No Comments

Big Apple, the Indian version of popular American convenience store chain ‘7-11′, which currently operates in the National Capital Region (NCR), has drawn an ambitious expansion programme, which by 2008-09, will increase its presence fourfold in this region. It will add 150 stores to its existing 50 in this region by [...]

Tags: Convenience Store · Daily Needs · Food and Grocery · Fresh Foods · New Ventures/ New Launch/ Expansion/ Investment · Supermarkets/ Megastores

FB warns of “Bloodshed” if Reliance enters agri retail in West Bengal

August 26th, 2007 · No Comments

The All India Forward Bloc, an important constituent in the ruling Left combine of West Bengal, has warned of “bloodshed” if Reliance enters agri-products retail business in the state, says a PTI report.
“We will not allow the entry with the help of police of Reliance in the agri-retail business in this [...]

Tags: Mukesh Ambani (Reliance) · Policies/ Government

Trade lobbies oppose each other on U.P. shop closure order

August 26th, 2007 · No Comments

While, trade and industry associations representing interests of big businesses in the country, like the CII, Assocham, and RAI, have criticised the U.P. government’s recent decision to close down stand alone modern retail superstores run among others by Reliance and RPG (Spencer’s) and have requested the Chief Minister to review the same, trade bodies representing [...]

Tags: Policies/ Government

IPE Hyderabad to offer PG Diploma in Retail Management (PGDMRM) from October, 2007

August 26th, 2007 · No Comments

The Institute of Public Enterprise (IPE), at Hyderabad, an autonomous non-profit educational society established in 1964, better known as a training centre for the IAS and other senior officers of Central and State Governments, public sector enterprises, and private corporate sector, has now been allowed by All-India Council for Technical Education (AICTE) to offer a [...]

Tags: Education/ Training

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