IndiaRetailBiz

Home Solutions Retail, a part of the Kisore Biyani owned Future Group, is preparing to invest Rs. 500 crore in the next two years for its consumer durables business.
Currently, the group is operating 25 e-Zone stores with an average floor space of about 10,000 sq ft, forming a part of its Big […]

Pantaloon Retail (India) Ltd, the lagest listed retailer of India, a part of the Kishore Biyani led Future group, has awarded an IT outsourcing contract to the country’s leading Bangalore-based IT player, Wipro Infotech.
The contract according to a Hindu Business Line report is worth Rs 200 crore ($50-million). The contract, which will […]

Seiyu– the third largest Japanese operator of a number of supermarkets, shopping centers, and department stores in joint venture with the world’s largest retailer Wal-Mart, has reported big losses for the year ending December, 2007. This is the unit’s straight loss for the sixth year running.
The US retailer has invested about $2bn in Japan’s retail […]

“Cookie Man” the no. 1 brand of freshly baked premium cookies, offered in the country by Australian Foods (I) Pvt. Ltd., an Indo-Australian joint venture, which currently offers premium cookies of international quality from 26 store outlets in the country has decided to expand the network of its outlets in the […]

Polo Ralph Lauren, the US-based design and distribution house, known for its range of high-end casual and semi-formal clothings as well as accessories and fragrances under internationally famous luxury labels like Polo by Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren, Black Label, Blue Label, Lauren by Ralph Lauren, Chaps and […]

Customer Loyalty Programmes are critical to success of any retail chain because they help in attracting loyal customers to visit and make purchases repeatedly, thus, spreading on the cost of acquiring customers.
Reliance Retail, a part of the Mukesh Ambani controlled Reliance group, which began its retail journey 15 months ago in November, 2006 […]

The central government may at last agree to allow FDI (Foreign Direct Investment) in specific sectors of retail says Kamal Nath, , Union Minister of Commerce and Industry, according to a PTI report. These sectors, among others, may include, electronics, sports goods, pharmacy and confectionery, provided ICRIER, the think tank which […]

Kamal Nath, the Union Minister of Commerce and Industries, while participating in India Sourcing Summit defended the country’s FDI policy on retail, which does not permit any foreign direct investment in multi-brand front-end retail, saying that there is a need to protect smaller retail shops as the conditions in the country […]

Although, Reliance Retail had recently announced focussing on existing formats, it appears that the company may soon foray into Travel business, says a Financial Express report.
To begin with, before venturing into full fledged travel business, the company would first like to leverage on the domestic and international travel business worth about […]

Having already launched its first ‘AutoZone’ in the recently opened Reliance ‘Mart’ (Hypermarket) at Jamnagar (Gujarat) on the 30th January, Reliance Retail, the retailing arm of Mukesh Ambani-led Reliance group, is ready to rollout a super speciality retail chain of auto stores across the country, according to a report in The […]