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Entries from October 2007

Reliance could restructure retail arm; mulls splitting business into 34 independent entities?

October 31st, 2007 · No Comments

With Reliance Retail’s food and and grocery chain which runs Reliance ‘Fresh’ neighbourhood, convenience stores having already been hived off as a separate company called ‘Ranger Farm,’ Reliance, in a big restructuring exercise, according to an Economic Times report, is mulling over splitting its retail business, in a phased manner, into […]

Tags: Mukesh Ambani (Reliance)

India’s largest retailer (in making) is also the world’s richest man!

October 30th, 2007 · No Comments

Thanks to spectacular gains recorded in the past few days by the shares of big companies in general and of Reliance group companies in particular, Mukesh Ambani, became richest person of the world, on Monday, the 29th. Mukesh Ambani’s flagship Reliance group is among the world’s largest players in oil exploration […]

Tags: Mukesh Ambani (Reliance)

‘Croma’ opens 10th store in Navi Mumbai; plans to launch 31 stores this fiscal

October 28th, 2007 · No Comments

‘Croma’ the pan-India retail brand of Tatas for consumer electronics and durables, which on Thursday signed an agreement with Microsoft to set up home networking software shop-in-shops in its stores, launched its 10th mega store in Navi Mumbai on Saturday, the 27th October, 2007.
The new store was inaugurated by RK Krishna Kumar, […]

Tags: Expansion/ Investment/ Launch · Durables · Tatas (Westside/Croma/Landmark/Teisco/Other)

‘Medicine Shoppe’ on expansion spree; to set up 500 pharmacies, ‘Sehat’ clinics for healthcare of urban poor

October 28th, 2007 · No Comments

Medicine Shoppe International Inc., owned by Dublin-based Cardinal Health, is the largest franchiser of independent community pharmacies, operating nearly 1,000 pharmacies under Medicine Shoppe and Medicaps trade names, in the U.S.
Medicine Shoppee also operates over 400 franchised pharmacies in six countries including India. Its Indian operations are managed by its master […]

Tags: Expansion/ Investment/ Launch · Health, Beauty, Wellness

Shoppers’ Stop to roll out 350 stores by 2011; raise Rs. 500 crore through Rights issue to fund expansion

October 27th, 2007 · No Comments

Shopper’s Stop Ltd (SSL), the country’s second largest listed retailer, owned by construction major K. Raheja group, has planned to roll out 320 stores by 2011. The group has been delayed in realising its expansion plans by a year or so due to construction delays. The group has planned to establish its […]

Tags: Expansion/ Investment/ Launch

Tatas tie-up with Microsoft to set up MS@Retail kiosks in ‘Croma’ stores to provide home networking solutions

October 26th, 2007 · No Comments

There is a sudden rush of customers for personal and home electronic products in India. Close on heels of the Reliance’s recent tie-up with Apple, the maker of iconic iPods and iPhones, for setting up exclusive Apple stores in India, Tatas have joined hands with ‘Microsoft,’ the world’s biggest software maker, to set up […]

Tags: JV/ Franchisee · Expansion/ Investment/ Launch · Durables · Tatas (Westside/Croma/Landmark/Teisco/Other)

“Just in Vogue” on expansion spree

October 26th, 2007 · No Comments

Luxury retailing, though dominated by grey market, is growing at a fast pace in India. With economy (GDP) growing at second highest rate, more Indians are having increasing disposable income in their hands. According to en estimate, there were 100,015 dollar designated millionaires in India, in 2006. Luxury products market in the country is currently […]

Tags: Expansion/ Investment/ Launch · Luxury Products

Catalogue retailing comes to India; Shoppers’ Stop to test launch HyperCity Argos catalogue soon

October 25th, 2007 · 4 Comments

Organised retailing, though booming is still nascent and evolving in India. Beset with skyrocketing real estate prices and extreme shortage of skilled manpower, not to talk of razor thin margins, it could look at catalogue showroom retailing as a retailing format that can not only be set up fast at low cost […]

Tags: Expansion/ Investment/ Launch · Retail Trends

Pantaloons hiring flexi-time women professionals for retail jobs in large cities aross the country

October 25th, 2007 · 5 Comments

Pantaloons, the country’s biggest listed retailer, a part of the Kishore Biyani owned Future Group, has roped in a Chennai-based human resources consulting firm - AVTAR, to employ women professionals and first time career seeking homemakers, to work part time in its stores in different cities across the country. AVTAR has […]

Tags: Kishore Biyani (Future Group) · HR/ Employment

Raymond shuts down Be: stores in Mumbai and Delhi to reposition its designer brand

October 24th, 2007 · No Comments

Be: the prĂȘt-a-porter (ready to wear) designer brand from the house of Raymond, which currently operates 13 stores across eight cities, has shut down its stores in Mumbai and Delhi. This has been done with a view to relaunch the brand after repositioning it.
Be: currently offers a large collection of designer apparel […]

Tags: Apparel · Brands/ Concepts/ Knowledge/ Strategy · Retail Strategy