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Entries from July 2008

Reliance unveils Autozone at Gurgaon

July 30th, 2008 · No Comments

 ”Reliance Autozone will give the customers unmatched Value Proposition. Our vision is to create customer delight by delivering world class automotive products & services with wide choice at best prices” — Arun Dey, Chief Executive, Reliance Autozone.

Reliance Retail, the retailing arm of Mukesh Ambani-led Reliance group, has launched “Reliance Autozone” — its automotive [...]

Tags: Auto/ Accessories · Indian Owned · Mukesh Ambani (Reliance) · New Ventures/ New Launch/ Expansion/ Investment · Specialty/ Concept stores

Emami to retail edible oils; aims to become top player in 5 years

July 30th, 2008 · No Comments

“Emami would leverage on its FMCG marketing and strength to push its edible oils.”
“We have plans to come up with palm oil, soya oil and rice bran oil. By January next year the edible oil business will be in full steam. Our aim is to be amongst the top players in the [...]

Tags: FMCG · Indian Owned · New Ventures/ New Launch/ Expansion/ Investment · Restaurants

Reliance to set up large toy shops with London’s Hamleys

July 29th, 2008 · No Comments

Reliance, which earlier formed joint ventures with iconic retailers like the UK’s apparel giant Marks & Spencer and Dutch opticals major Perle Europe, the US-based Office Depot, and made franchisee arrangements with the US-based Apple Inc, among others, appears to be going strong with striking relationships with global speciality retail majors to [...]

Tags: Books/ Music/ Toys/ Gifts/ Leisure · JV/ Franchisee · Mukesh Ambani (Reliance) · New Ventures/ New Launch/ Expansion/ Investment · Specialty/ Concept stores

Subhiksha under fresh FDA scanner; scotches rumours of closure in Maharashtra

July 28th, 2008 · No Comments

“No notice of suspension or cancellation has been served against any Subhiksha outlet and all media reports in this regard are completely inaccurate.” — Mohit Khattar, President-Marketing, Subhiksha.

Subhiksha, the country’s largest food & grocery supermarket retail chain, facing charges of flouting hygiene regulations in Maharashtra, according to agency reports, will go through scanner [...]

Tags: Convenience Store · Food and Grocery · Indian Owned · Policies/ Government · Safety · Social Responsibility · Subhiksha (Subramanian ) · Supermarkets/ Megastores

Rs 35 lakhs for a bed? Luxury bed maker Hästens forays into India

July 27th, 2008 · No Comments

Yes, you can buy a fleet of over 30 Tata ‘Nano’ cars for the price of a luxury sleeping bed made by Hästens of Sweden.
Hästens, which proposes to sell beds with bed-frames (cots) between Rs 2.5 lakh and Rs 35 lakh each, is foraying into India. It will today launch its first retail store at [...]

Tags: Home: Furniture & Improvement · Luxury Segment · MNC/ Foreign Owned · New Ventures/ New Launch/ Expansion/ Investment · SBO (Single Brand Outlets)

‘Brand Factory’ opens 7th outlet; undertakes two-fold expansion within a year

July 26th, 2008 · No Comments

“This (new store in Bangalore) will be bigger and better than other Brand Factory stores, not only in terms of size, but also in our brand offerings.” — Rajesh Seth, Vice-President (Marketing), Central and Brand Factory, Pantaloon Retail.
Brand Factory, the value fashion chain of Pantaloon Retail– the country’s largest listed retailer owned [...]

Tags: Apparel & Fashion · Indian Owned · Kishore Biyani (Future Group) · New Ventures/ New Launch/ Expansion/ Investment · Specialty/ Concept stores

Pantaloon announces bonus shares with a difference!

July 25th, 2008 · No Comments

“DVRs meet the different requirements of different shareholder groups and, with this issuance, we will be introducing a new financial instrument for the new economy.” — Kishore Biyani, CEO, Future Group.
Pantaloon Retail, the country’s biggest listed retailer, which is owned by Kishore Biyani-led Future Group and which besides Pantaloons also operates [...]

Tags: Capital/ PE/ IPO · Indian Owned · Kishore Biyani (Future Group) · Results (Sales/ Financial)

Reliance sets up 735 stores across 70 cities; occupies 3.5 million sq ft by Q1

July 25th, 2008 · 1 Comment

“We are confident that the new growth drivers — oil and gas, organised retailing and agro-retail — will  take Reliance to a higher growth trajectory in the medium term.” — Mukesh Ambani, Chairman, Reliance Industries Limited.

Reliance Industries Limited, India’s most valued company  announced over 40% growth in its Q1 (April-June) quarter in 2008 over [...]

Tags: Indian Owned · Mukesh Ambani (Reliance) · New Ventures/ New Launch/ Expansion/ Investment

Subhiksha Mobile opens 100th store in Andhra; set to cross 1,500 stores across the country within a year

July 24th, 2008 · No Comments

Subhiksha Mobile, a part of the R Subramanian owned Subhiksha Trading Services, will invest Rs 50o crore this year to expand footprint of India’s largest mobile retail chain. This expansion, according to a PTI report, will take the number of its mobile stores from 750 stores at present to 1,500 to 1,750 stores across the [...]

Tags: Indian Owned · Mobiles/ Telecom · New Ventures/ New Launch/ Expansion/ Investment · Specialty/ Concept stores · Subhiksha (Subramanian )

Small traders demand promulgation of ‘Shopping Malls Regulation Act;’ threaten Halla-Bol agitation

July 23rd, 2008 · No Comments

“In the last four years, an estimated two crore traders have been rendered jobless due to the opening of big shopping malls in the country.” — Banwari Lal Kanchal, President, U P Udyog Vyapar Pratinidhi Mandal, and Member, Rajya Sabha (Samajwadi Party).

UP Udyog Vyapar Pratinidhi Mandal, which successfully spearheaded an agitation of small traders last [...]

Tags: Kirana Shops (Mom 'n' Pop Stores) · Policies/ Government

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