IndiaRetailBiz

NEXT, the consumer electronics and durables chain owned by Dhoots (Videocon), which currently operates 300 stores, is set to open 100 more stores within a month reports PTI. NEXT is hoping to record a turnover of Rs. 1,600 crore this fiscal.
The Rs. 25,000 crore consumer electronis and durables space is highly […]

Bharatiya Janshakti (BJ), the breakaway political outfit of Bhartiya Janta Party (BJP), led by its fiery and maverick President Uma Bharti jumped into fray opposing the entry of big corporates like Reliance in the retail sector, reports PTI.
The battleground this time was again Indore, where small traders and street vegetable vendors, led […]

Food, grocery and apparel account for about 63% of overall retail business. It is, therefore, not surprising that most of initial retail roll-outs are dominated by these sectors.
“Cotton County,” the menswear flagship brand of the Ludhiana-based Nahar group, having reached a critical mass, has drawn up a road map for aggressive […]

Buddhadeb Bhattacharjee, the West Bengal Chief Minister, though not opposed to entry of large Indian corporates in retail,has advised them to shun from selling agri- produce and stay out of city limits in the state.
“My position is that we should allow Indian companies to operate but with some regulations. To start with, […]

Bombay Dyeing, the 128 years old, Rs. 485 crore, flagship textile arm of the Nuslie Wadia group, among the pioneering retailers of the country, currently operating 450 retail stores across the country, has decided to undertake a major image makeover exercise.
Bombay Dyeing, founded by Nowrosjee Wadia on 23rd August, 1879 in Mumbai, is […]

Current boom in the retail sector resulting in tremendous job opportunities at all levels has prompted Mumbai-based Academy of Retail Training (ART) to set up a number of training institutes to cater to the needs of aspiring job seekers. The Academy owned by Ashish Doshi and Pranav Doshi will help develop basic […]

Star Bazaar, the hypermarket format retail chain of Trent Ltd, one of the two retailing arms of Tata group has launched its second 50,000 sq.ft. hypermarket store in Dahisar suburb of Mumbai.
The first hypermarket store “Star Bazaar,” which believes in providing an ample assortment of products at the lowest prices, exemplifying its ‘Chota […]

Close on heels of the IPOs of retailers like Vishal Mega Mart and Koutons (issue opens for subscription on 18th September), Khadim’s, the Kolkata-based footwear retailer, has also decided to soon enter the capital market.
According to the draft red herring prospectus filed with SEBI, the company will raise around Rs 100 crore […]

Adidas, the German iconic sportswear brand, launched the country’s first lifestlyle store to sell premium sportswear under “Adidas Originals” label in Mumbai on Wednesday. Although, ‘originals’ label accounts for 30% of the company’s global turnover of around €10 billion, in India it is expecting to initially garner only about 5% from this collection.
Adidas, in […]

Ultra powered LEVs (light electrical bikes and scooters), being manufactured in the country in by Hero Electric (a Hero Cycles joint venture with the UK-based Ultra Motor Company) will for the first time be distributed through mainstream retail stores in the country.
The UK-based Ultra Motor Company (UMC) has signed an exclusive agreement to this […]