IndiaRetailBiz

Big Bazaar, which like every year, celebrated the Republic Day with mega sales event lasting three days between 25th and 26th January, 2008, across all of its 80-odd stores in the country, drew excellent response from the customers.
According to Kishore Biyani, promoter of Future group, whose Pantaloon Retail (India), owns this hypermarket, general merchandise, value […]

“The revolution in organized retail in India can bring about unprecedented socio-economic transformation in our country.”
“Reliance Mart is another step forward by Reliance Retail towards providing a superior shopping experience to all our customers.”
“Reliance Mart seeks to exceed its customer’s expectations by offering them a wide range of products and services of […]

While, the government in its revised foreign direct investment (FDI) policy, as unveiled on 31st January, has raised caps on foreign investments in civil aviation, refineries, mining of minerals, and commodity exchanges, it remained completely silent on retail sector. Currently, while no FDI is allowed in the country for front-end of multi-brand retail, it allows up […]

Shoppers’ Stop, the construction major K Raheja controlled large format retailer, despite increase in sales 31.43% to Rs. 3,081.83 million during the third quarter ended December, 2007 (against Rs. 2,377.84 million, last year), has registered a sharp decline in net profit to the tune of of 88.93% compared to last year.
The net profit […]

Wal-Mart, the world’s largest retailer, according to a New York Times report, is gearing up to solve some of the challenges, like healthcare and energy, facing the world.
H. Lee Scott Jr., Chief Executive, Wal-Mart Stores, while speaking to his Store Managers in Kansas (USA), said that in the next three years Wal-Mart will […]

Believe it or not, but the long awaited report on big retail’s impact on the livelihood security of small traders, based on the findings of which the government is to prepare its policy on retail, according to a DNA Money report, is stuck on account of squabble over a paltry sum of […]

Navin Patnaik led Orissa government, which in the wake of protests of small traders and street vendors had refused to provide any special treatment or extra security to large retailers, particularly Reliance ‘Fresh,’ has decided to create 15 vending zones in Cuttack the commercial capital of the state, which will help roadside vendors affected by the entry of […]

Big Bazaar, the hypermarket general merchandise retail chain of Pantaloon Retail, a part of the Kishore Biyani managed Future group, like previous years, attracted large crowds during its three day ’sales’ event called ‘Sabse Saste 3 Din’ organised to celebrate the Republic Day (25th-27th January, 2008). Though, the event has come to […]

“We want to make retail a large business for Tata Tea — it has that potential and the FMCG market is large,” Sangeeta Talwar, Executive Director, Tata Tea.

Tata group, which has already made significant inroads in the retail sector of the country, through a number of retail chains under various group […]

While Carrefour, the world’s number 2 French retail giant, has decided to foray into the booming organised retail industry of India through ‘cash and carry’ business, it has zeroed in on three potential joint venture partners one of whom eventually be appointed its franchisee for all other retail formats, most notably […]