IndiaRetailBiz

“The Rs 1,500 crore Indian market is witnessing a growth of around 15 per cent annually and we want to emerge as the market leader with at least 25-30 per cent share.” — S Ravi Kant, Chief Operating Officer (Eyewear Business), Titan Industries.
Titan Eye+, a part of the Tata group promoted watch [...]

”This is our dream project and our plan is not to build just a shopping mall but a landmark destination for residents and tourists alike.” — Yousaffali MA, Managing Director.
Lulu International, a UAE-based business conglomerate and a part of Emke Group, which operates over 70 shopping centres and malls in the [...]

While, casual, quick food, pizza specialist Domino’s is pumping in Rs 200 crore over the next three years to increase its existing 207 outlets to around 500 outlets, Pizza Hut — another equally famous US-based counterpart– is investing about Rs 45 crore to add 30-odd stores to its existing 139 stores over the [...]

Nature’s Essence Pvt. Ltd., a New Delhi-based manufacturer, exporter and importer of a wide array of skin, hair and body care products, is foraying into organised retail. It plans to set up a chain of 100 beauty salons cum sales centres at an investment of Rs 30 crore, two-thirds of which will come [...]

Reliance Retail, among the largest retailers of India, according to an FE report, is believed to be considering to axe 3,000 of the 20,000-odd jobs, or around 15% of its employee strength, over the next few months.
This move, though denied by the group, comes just two years after it began rolling [...]

The Body Shop (TBS), a global manufacturer and retailer of naturally inspired, ethically produced beauty and cosmetics products, which operates over 2,100 stores in 55 countries, with a range of over 1,200 products — all animal cruelty free, and many with fairly traded natural ingredients– is now getting ready to vigorously [...]

“We will focus on retail expansion and building the brand over the next few years with the objective of delighting the consumer and providing him easy access to the brand.” — Subhinder Singh Prem, Managing Director, Reebok India.
Reebok, the global sports footwear and apparel major, which commands around 51% of the country’s [...]

“On October 30, all public areas of The Dubai Mall will be open to customers at the same time, creating a retail event unlike anything ever seen in the region. The Dubai Aquarium and Discovery Centre, the Olympic-sized Dubai Ice Rink, the world’s largest indoor Gold Souk and hundreds of retailers will open simultaneously giving [...]

“During last four months, we have opened outlets in Jammu, Panipat, Surat, Baroda, Nashik, Trivandum, Meerut and Patiala. While earlier, 70 per cent of our business used to be in metros and mini-metros, now the ratio is 50:50 between big cities and smaller Tier II and III cities.” — Dev Amritesh, Senior [...]

“After the entry of private retailers in the market, our sales have gone up and consumers can now compare our performance with other players. Behaviour of the staff and availability of products have definitely contributed a lot in improving Supplyco’s performance.” Yogesh Gupta, Chairman and Managing Director, Kerala State Civil Supplies Corporation.

Supplyco, [...]