IndiaRetailBiz

Titan Eye +, the third major line of retail business owned by India’s largest organised watch maker Titan, a Tata group company, has launched “Switcher” spectacle frames catering to high-end consumers across the country. The switcher frames are priced in the range of Rs 3,200 to Rs 3,500. These frames are known for using a [...]

Kishore Biyani-led Future group, which operates several multi-format, multi-product retail chains across consumer segments, is looking at sports business segment as one of the potential categories that can help shape its ambitious future growth plans. The group, as may be recalled, has recently announced its goal of achieving Rs 250 billion (Rs 25,000 crore) in [...]

Pantaloon Retail (India) Ltd., India’s largest retailer, which took a hit of 54 per cent in consolidated net profit over the previous year (consolidated net profit declining from Rs 219.3 million in FY 2007-08 to Rs 100.7 million in FY 2008-09), has in fact reported an increase of 11.59 per cent in its net profit [...]

Rajan Mittal, Vice-Chairman of Bharti Enterprises, which owns Bharti group’s retail arm Bharti Retail, has pitched hard for allowing foreign investment (FDI) in front-end, multi-brand, retail. Currently, there is a complete ban on inducting FDI in this segment, which accounts for bulk of retail business, in India.
FDI in retail has traditionally been opposed by small [...]

Beating slowdown blues, this festive period appears to have brought a lot of smiles on faces of luxury goods retailers, particularly luxury car retailers in Gujarat.
The Dussehra day is turning out to be a bonanza time for retailers as Gujaratis, who prefer to buy vehicles, houses, and other expensive durables on this auspicious day, are [...]

Good wishes
on the auspicious occasion of
DUSSEHRA
to all the readers and
well wishers of
India Retail Biz.

@Home stores, the home furnishing retail chain of India’s largest, Rs 1,000 crore. moulded furniture manufacturer, Nilkamal Ltd, is planning aggressive expansion of its retail network from 15 stores to 65 stores in the next three years (2012-13). @Home retail chain was set up by the company two years ago.
Currently, @Home stores are located in [...]

Pantaloon Retail (I) Limited, the country’s largest listed retailer, part of Kishore Biyani-led Future group, posted 31 per cent growth in net sales for the Financial Year ended 30th June, 2009.
Net sales of the retailing company, which operates several multi-format retail chains across segments, for the year (2008-09) reached Rs 7,669 crore compared to Rs [...]

India Retail Biz (IRB), your friendly blog that aggregates news, views, and research on India’s fast growing retail sector, is now using Twitter– the world’s fastest growing social network.
So what are you waiting for? Join us @indiaretailbiz today to keep in touch with indiaretailbiz’s tweets that are not only reliable, consistent, and regular, but keep you [...]

Subhiksha Trading Services Ltd.– an R Subramanian promoted, Chennai-based, grocery retailer, which for want of cash was forced to close pan-India operations of  its 1,600-odd stores discount retail chain this January, is trying its luck again to revive its operations by seeking a compromise with its creditors.
“Cash & Carry Trading (P) Ltd” –another company [...]