IndiaRetailBiz

“The objective is to operate the IHCs in the ‘neighbourhood’, making healthcare more accessible and convenient.” — Madhukar Gangadi, Founder and CEO, MedPlus.
After the rollout of neighbourhood convenience stores and neighbourhood pharmacies, it is now the turn of neighbourhood corporate clinics that could soon widen the scope of healthcare options available […]

“Future Group shall deliver Everything, Everywhere, Everytime for Every Indian Consumer in the most profitable manner.” — Group Vision Statement.

Although Kishore Biyani, Managing Director and CEO of Future Group, has refused to comment on media report claiming acqusition of 70% stake in Godrej group owned Godrej Aadhar, he has confirmed […]

“The Armani Residences, anywhere in the world, will uphold the design aesthetics as conceived by Giorgio Armani. They will be an exclusive address.”
As Georgio Armani, the iconic luxury brand in the world of fashion, gets ready to launch its first store in partnership with the real estate giant DLF owned Emperio mall […]

With a view to give thrust to its ambitious rural retailing initiative, Kishore Biyani-led Future Group, according to an ET report, is close to acquiring 70% stake in Godrej Aadhar owned by Aadhar Retail Limited — an SPV (Special Purpose Vehicle) of Godrejs owned Godrej Industies Limited. Balance 30%, in the SPV will continue […]

“Croma’s margins are increasing due to increasing sales volume. Our main target consumers are families, which buy items like washing machines, microwaves, television and such other items.” Ajit Joshi, CEO and Managing Director, Infiniti Retail (owner of Croma)
‘Croma’– the Tata group owned retail chain of consumer durable and electronic products, will […]

Metro Cash & Carry India, the Indian arm of Germany-based Metro AG, , which is among the first exploiters of the government’s FDI policy that allows 100% investment by a foreign retailer in cash & carry (wholesale) retail, is setting up two more stores in Kolkata at an investment of around […]

“India is a large market for lingerie with a lot of brands coming here. We thus wanted to get our act right here before we expand into other markets.” — Venkatesh Rajamani, CEO, Amante.
Amante, the innerwear brand, owned by Sri Lanka-based MAS Holdings, which manufactures intimate apparel for Triumph and Victoria’s Secret, […]

Buoyed by excellent respose to its foray into prescription eyewear market, Tata group controlled Titan Industries, is looking at expanding the network of its Titan Eye+ speciality retail chain.
The country’s watch giant Titan, which is currently operating seven Titan Eye+ store across four cities (Bangalore-4, Chennai-1, Hyderabad-1 and Nagpur-1), is planning […]

Vishal Retail, which went public a few months ago, is growing fast with its 92nd mega store having become operational at Pinjore in Haryana. Spread over 13,000 sq ft, this is the company’s sixth store in the state.
Vishal Retail, currently occupying over two million square feet of space has its operations […]

“The Indian consumer has no doubt come of age. But the shopping experience in India has not kept pace with this change. Even though retail outlets have mushroomed across the country, most of them still do not offer Indian consumers the kind of shopping experience that people in the rest of […]