IndiaRetailBiz

The sibling rivalry between Ambani brothers has taken a new twist with Anil Ambani filing a defamation suit in the Bombay High Court for a whopping Rs 10,000 crore (over $2 billion) against elder brother Mukesh Ambani for remarks purported to have been made by him in an interview with the New York [...]

“We see the same growth potential in India as in China.” — Henry Birr, Vice President (International Affairs), Metro AG.
Metro AG, the largest retailer of Germany, is quite bullish on prospects of retail in India as it finds growth potential of the country to be same as that of China.
Metro Cash & Carry, [...]

“I was an eternal optimist; now I have become a realist. Everybody has miscalculated.” — Kishore Biyani, CEO, Future Group.
“We all have to go through some restructuring and shake-up. The Indian consumer is a damn tough customer.”—  Thomas Varghese, Chief Executive, Aditya Birla Retail.
We have in the past commented on economic slowdown taking [...]

Wal-Mart Store Inc, the world’s largest retailer, which has set up an equal joint venture for cash-and-carry retail business in India with the country’s largest mobile service provider Bharti Enterprises, according to Raj Jain, its India CEO, will roll out the first cash-and-carry centre in 2009. Raj Jain was speaking on the sidelines of a business conference [...]

“We are trying to address new consumers, especially affluent adults, and also promote in-house consumption of our brand.” — Alok Gupta, Director, Café Coffee Day.
Café Coffee Day (CCD), the largest coffee retail chain in India, which is currently operating 663 stores in the country, is going in for a massive expansion, both [...]

Metro Cash & Carry, the Cash & Carry format of the world’s fourth largest retailer, Germany-based Metro AG, is hoping that lady luck will smile on its proposal to set up a cash & carry sore in Kolkata.Metro C&C for several years has been struggling hard to start its operations in Kolkata in the face of [...]

India Retail Forum 2008, which recently held its annual convention in Mumbai, had a Q&A session with India’s largest listed retailer, Kishore Biyani, CEO, Future Group.
Enumerated below is a gist of Biyani’s take on a number of issues concerning retail business in India. He also spoke about his impressions on some his own retail formats:
Retailing: Retailing is [...]

Pantaloon Retail, the country’s largest listed retailer and flagship of Kishore Biyani-led Future Group, reported 52 per cent jump in total income for FY’08 (year ended 30th June, 2008) compared to its total income in FY’07 (year ended 30th June, 2007). In absolute numbers, total income in FY’08 was Rs 5,048.91 crore compared to Rs [...]

Spencer’s Retail, a subsidiary of Kolkata-based RPG group owned CESC, consequent to analysis of buying habits of its customers, has decided to set up food courts that will offer food and bakery services in all its large format stores, says an ET report.These food courts to be branded as ‘Modern Menu,’ will occupy an area of [...]

“I started making chocolates a year back and now have started this store which is only two months old. I have been getting a terrific response and wish to go international with my culinary skills. My ultimate aim is to start a place that has a concept of 80 desserts around the [...]