IndiaRetailBiz

“Last year (2007-08), we achieved a turnover of Rs 1,000 crore. Our aim is to grow our retail business aggressively and achieve a turnover of Rs 1,800 crore this year,” Harsh Goenka, Chairman, RPG group.
Harsh Goenka-led RPG group, which is among the major country’s major retailers, operating several formats of food & […]

Gini & Jony, one of the country’s best known kidswear brand, which sells clothes through its own retail outlets, also sells its premium apparel through ‘Shop in Shop’ outlets of many well known national retail chains. Besides the retail chains operated by Shoppers’ stop, Indiabulls, Lifestyle, Ebony, and Pantaloons, Giny & Jony […]

Indiabulls group, which began its business foray first as a capital market intermediary, delving into real estate business thereafter, entered the booming retail sector, by acquiring entire retail business of Piramal group being conducted under ‘Pyramid’ brand, has completed the process of rechristening Pyramid retail formats as Indiabulls Megastore and Indiabulls […]

ENJO, the Austria-based, the cleaning products company that believes in protecting environment by reducing use of chemicals, is joining hands with Mumbai-based Sadhrta Retail Private Limited, to set up a joint venture that will bring Austrian company’s cleaning products in India.
ENJO, founded in Austria in 1990 by Johannes Engl, who together with […]

“In Reebok I see a perfect fit. They embody the spirit of fulfilling potential, they have the passion to nurture talent and the aggression to take sports to the next level. I am excited that Reebok has created a benchmark by opening an exclusive Reebok Kolkata Knight Riders store for the […]

Reliance Industries Ltd (RIL), the Mukesh Ambani-led owner of Reliance Retail Limited, which incurred a loss of about Rs 800 crore on operations of its 1,432 fuel stations during 2007-08 is looking at converting about 700 to 800 of them into shopping malls and multiplex halls. This will mean an […]

“We have signed up regional franchises in Rajasthan and Gujarat with a business model comprising 60 per cent equity and 40 per cent franchise. These will then open chains in these states. We are also scouting for a location to open a Nirula’s in Mumbai on our own.” — Samir Kuckreja, Managing […]

Pantaloon Retail (India), the flagship listed company of the Future group promoter Kishore Biyani, is expanding its retail chain ‘Central’ by setting up new mall format stores in metro cities like Mumbai and Bangalore and tier-II and tier-III cities like Ahmedabad, Nashik, and Vashi, according to a news report in DNA Money.
‘Central’ is […]

Reliance Retail (RRL), the retailing arm of Mukesh Ambani-led Reliance group, which in a tie up with the US-based Steve Jobs-led Apple Inc. has set up exclusive Apple premium reseller stores called ‘iStores,’ to offer genuine iconic Apple consumer and professional electronic products like iMac desktop computers, MacBook notebooks, Mac Air notebooks (world’s thinnest), Mac […]

Poor capital market conditions combined with comfortable funds position has prompted Subhiksha– the largest, small format, convenience stores, retail chain, to defer its much awaited entry into capital markets. It had plans to raise capital from public through maiden IPO, soon after crossing the milestone of 1,000 retail stores, which it […]