IndiaRetailBiz

Although toy maker Mettel was forced earlier to apologise for blaming some its toy suppliers in China due to faulty toy design for which Chinese were not responsible, the process of recalling Chinese made goods in the US, particularly toys for kids that are painted with dangerous lead paint, continues to […]

Pantaloon Retail (India) Ltd, the flagship listed company of kishore Biyani owned Future Group, while posting sales of Rs 3,550.35 crore for the year ended June 30, 2007 (an increase of 75% over the previous year), earned net profit of Rs 119.99 crore (an increase of 87% over the previous […]

Indian Oil Corporation (IOC), the country’s largest oil refining and marketing company, ranked 135th on Fortune 500 list, with an annual turnover of 2.20 lakh crore (over US$ 55 billion) in 2006-07, is targeting rural areas for expansion of its retail network.
IOC, which already had a retail distribution network of 16,607 petrol and […]

The Kishore Biyani owned Future Group, which soon after the Indian cricket team’s ignominious defeat in the one day cricket world cup in West Indies had sponsored the team’s matches among others in Ireland (against South Africa) and in England (against Pakistan) under “Future Cup” brand.
Biyanis have decided to make cricket an important […]

“India will open up its huge retail market (USD 330 billion) to foreign investors,” said P Chidambaram, Union Finance Minister, while interacting with students of Wharton School of the University of Pennsylvania, reports PTI. “This would be done after convincing local Kirana (mom and pop) store owners that their jobs will […]

Strident, and many a times violent, opposition to the entry of big corporate houses in retail, particularly of Reliance group, has finally taken its toll, as it has decided to shut down 20 of its ‘Fresh’ shops that were operating for many months in Noida and Gaziabad towns which fall within Uttar Pradesh part […]

“Brand Factory,” the factory outlet format of Kishore Biyani promoted Future Group, brings the promise of value shopping to customers– particularly the young– by offering the best of apparel, sportswear, footwear, fashion accessories, home linen, luggage, and mobile, among others, of national and international brands.
The group has decided to expanded the […]

Amidst strident opposition across the country to entry of big corporates in retail in general and of Reliance in particular, Reliance Retail is going ahead with the opening of its innings in Mumbai and its suburbs with the launch of nine stores of its neighbourhood convenience format of food and grocery stores called Reliance ‘Fresh.’
Although, […]

Close on heels of locking up a Reliance ‘Fresh’ store in Indore (MP) by firebrand leader Uma Bharti on 18th September and protests against the retailer in Kozhikode (Kerala) on 22nd September, over 300 small traders and vegetable vendors including women went on rampage on Tuesday, the 25th September, 2007, in […]

Following is the facsimile of an e-mail sent by ‘BestBuy” among the world’s leading durable products retailer to its clients to counteract a mistake in an offer for Plasma TV. Decide for yourself as to whether the BestBuy advertisement referred to in the e-mail is deceptive or not? We give some clues about the […]