IndiaRetailBiz

Shoppers Stop, among the leading department store format chains of India, owned by construction major K Raheja, has recently opened its 26th store at Sun-city, Jaipur.
Shoppers Stop, is a pan-India large format, professionally managed, listed, retailer of India with Shoppers Stop Services (India), Crossword Book stores, Upasna Trading and Shoppers Stop.com (India) [...]

Lite Bite Foods, promoted in January, 2008, by Amit Burman, Vice-Chairman,  Dabur India, which has already set up a chain of 40 restaurants and two food courts on high streets of New Delhi under the brand name of ‘Food Union Clix!’ is now looking at setting up the food courts on highways.
Lite Bite, according to an HBL report, is expecting [...]

Pantaloon Retail, the country’s largest multi-format listed retailer, part of Kishore Biyani-led Future group, after achieving a record turnover of Rs 100 crore in a single day on 17th August, 2008 under “Mahabachat ke 5 din” offer, is now organising a 23 days long ‘The Great Indian Shopping Festival’ that will begin [...]

Bharti Retail, the retail arm of telecom behemoth Bharti Enterprises, which currently operates 17 neighbourhood supermarket format stores across Punjanb and Haryana in North India under the brand name of ‘Easyday’ has forayed into hypermarket segment with the launch of its first store under the new format in Ludhiana. Interestingly, Easyday neighbourhood chain [...]

 In the interest of objective reporting, we wish to reproduce below a copy of Subhiksha’s reply to a report published earlier by the News Service. The report, among others, had suggested non-payment of salaries to 700 employees working with the retailer across   its 97 stores in Chennai. Yesterday, based on this news report, we had [...]

Subhiksha, the Chennai-based India’s largest (in terms of numbers) supermarket value chain,  according to an Express Buzz report, has asked some 700-odd employees from its 97 stores in Chennai, to pick up groceries in lieu of their outstanding dues against non-payment of salaries.
Most of the employees, including two of its Vice Presidents, [...]

Small vegetable vendors and street hawkers, numbering around 6,000, in Nashik city of Maharashtra are a happy lot. And, this may well be finding resonance across many cities and town across the country.
The trigger for this, according to a Business Standard report, are the closure of fruits & vegetables business by India’s largest food & [...]

Taking a leaf out of recent policy announcement on restructuring of real estate loans, Confederation of Indian Industry (CII), an industry lobby,  has asked for restructuring of loan facility for retail borrowers. The restructuring, will spur demand for consumer durables.
“While the extension of restructuring guidelines to the real estate sector is welcome, there [...]

Close on the heels of RBI’s announcement to reduce both repo and reverse repo rate by 100 basis points (1 per cent) signalling reduction in interest rates, the government on Sunday came out with a financial package that will stimulate slackening economy.
“The government has been concerned about the impact of global financial crisis on the [...]

Shoppers Stop, the fashion and lifestyle retail chain owned by construction major K Raheja, despite global economic meltdown, has decided to continue with its investment and expansion plans.
“The next three-four quarters are not going to be the best of quarters and India cannot isolate itself from what is happening in the world. But there is [...]