IndiaRetailBiz

Shoppers’ Stop, the K Raheja promoted second largest listed retailer of India, has decided to make purchasing easy for its ’small ticket’ customers by offering customer credit like its counterparts Reliance and Pantaloon. Credit will now be made available to customers who are buying goods between Rs. 5,000 and 10,000 instead of […]

The retail debate in India has now shifted from ‘FDI’ vs. ‘No FDI’ for foreign retailers to ‘Large’ vs. ‘Small’ retailers, if one goes by official pronouncements of Kamal Nath, the Union Minister of Commerce & Industry. According to him, the country is looking at how to prevent large domestic players […]

Blaupunkt, the Germany-based premium audio entertainment products maker, launched its 21st store in Pune on 23rd September, 2007. This store will provide one stop destination for all Blaupunkt products in the fast growing city with large spending power.
This store, which has been set up by Classique Automotive, company’s distributor, is a part of Blaupunkt’s retail expansion […]

Vishal Retail, the Delhi-based retailer known mostly for retailing apparel and household items, which recently had a highly successful IPO, according to a Business Standard report, is looking at foraying into quick service food restaurants.
Vishal is currently operating 54 stores in 42 cities occupying gross retail space of 14 lakh sq […]

Reliance Retail, the Rs. 25,000 crore retailing arm of Mukesh Ambani owned Reliance group, has planned to set up 115 apparel stores, the first of which is likely to be launched this month in the national capital region (NCR). Ten more apparel stores are likely to go on stream by this year end […]

India, which currently ranked as the fifth largest retail destination in the world, employs over 21 million people will become the second largest employer after agriculture. Retail, both in the organised and unorganised sectors, currently valued at about $300 billion, is expected to grow to $427 billion by 2010. It contributes 13% of the […]

Of late the country has witnessed a spate of protests against entry of big business houses in retail in general and in food and grocery trade in particular. After closure orders against standalone stores served in Uttar Pradesh, opposition has surfaced with renewed vigour. Apart from all round opposition in the left ruled Kerala and […]

Reliance ‘Fresh,’ which has planned to initially open four stores in Dehradun, the state capital of Uttrakhand, witnessed opposition of local traders and wholesalers, who as a mark of protest to the entry of retail giant in the state, closed vegetable mandis.
Earlier, in the face of traders’ protests in Uttar Pradesh, […]

Is Japanese unit of Wal-Mart, known as “Seiyu,” which operates nearly 400 stores across Japan, floundering? May be, if one looks at job cuts, sluggish sales, and increased losses.
This has lead to speculation that Wal-Mart may eventually be forced to withdraw from Japan, the world’s second largest retail market. Wal-Mart in somewhat similar circumstances […]

Italy-based Banetto group, which owns iconic fashion brands like “United Colors of Benetton,” has formed a strategic partnership with India’s Trent, to manage and extend the reach of Benetton’s premium fashion brand “Sisley” in India.
Trent, one of the two retailing arms of Tata group, is one of the fastest growing, pure retail play […]