IndiaRetailBiz

Wal-Mart, the Bentonville (Arkansas)-based world’s largest retailer, despite sluggish consumer spending forecasts in the face of difficult world economy, continued to maintain its top ranking in the coveted list of Fortune-500 companies of America.
It is noteworthy that Wal-Mart, thanks to its policy of 20%-odd cut in prices of toys and electronic […]

Titan Industries, a Tata group watch and jewellery major, which recently forayed into prescription eyewear retailing business under the brand name of Titan Eye+, after a sluggish start has begun gathering steam.
Titan Eye+, according to agency reports, launched its new eye care products store at Kozhikode on Monday. This is Titan’s […]

Pantaloon Retail (India), the country’s Kishore Biyani owned largest listed retailer, which operates in both ‘value’ and ‘lifestyle’ space, has announced all round growth in its financial and operational performance for the third quarter ended March 31, 2008. Pantaloon’s Financial year starts from July 1 and ends on June 30, unlike […]

“Having achieved leadership in North and West India, Jeevansathi.com is poised to enter the offline space. Synergizing our online business with the retail network will significantly build significant volumes for us. With time, we plan to ramp up and introduce value added services like astrology, horoscope matching etc.” — Swapnil Tripathi, […]

Barista, among the pioneering coffee retail chains of India, which last year was acquired by Italian coffee major Luigi Lavazza SpA, is planning to expand its retail network from 206 stores to 300 stores, at an investment of Rs. 32 crore ($8 million), this fiscal, reports Financial Express.
Coffee business in India, according […]

Lee Scott, Chief Executive of the world’s largest retailer Wal-Mart, according to a regulatory filing by the company, received an annual compensation package of $29.7 million (Rs 119 crore ) in value in 2007, reports AP. The AP’s total of compensation was lower than $31.6 million listed by the company […]

Shopper’s Stop, the large format, premium fashion and lifestyle department stores retail chain, which only two days ago in a Rs. 20 crore ($5 million) image makeover exercise, among others, unveiled a new logo, launched recyclable green bags, and distributed 150,000 Neem seed sachets, launch its own ‘in-store’ radio station, created store […]

Clouds of food shortages have begun looming large even on the skies of the land of plenty. Yes, we are talking about the United States of America, where the country’s top two bulk retailers, namely, Costco and Wal-Mart, in the face of surging demand, have begun imposing restrictions on bulk sales of […]

“Change is essential. Our consumers are changing, their preferences are constantly evolving. They are getting younger. And so, we have to change along with them.” — B S Nagesh, Customer Care Associate & Managing Director, Shoppers’ Stop.

After 17 years of existence K Raheja owned and B. S. Nagesh managed India’s largest […]

“Our entry into Kolkata and Kerala telecom retail markets is part of our commitment to bring greater value to consumers across the country. Consumers will benefit hugely from the best prices and the range of products offered at Subhiksha Mobile stores.” — R. Subramanian, Founder & Managing Director, Subhiksha Trading Services.

Subhiksha, […]