IndiaRetailBiz

“Subhiksha has access to capital and will continue to be on the fast-track of growth. It (transaction of acquire) will also enhance value for our stakeholders and help our objective of becoming a US$ five billion company by 2011,” R. Subramanian, Promoter & Managing Director, Subhiksha Trading, while explaining its proposed acquisition […]

“Inflation has made no impact on our growth plan. We are going to open 70 more stores by the end of the current year and will invest Rs 700 crore for the purpose.” Ram Chandra Agarwal, Chairman, Vishal Retail.
Undettered by high inflation, Vishal- the Delhi-based mega markets retail chain has drawn up plans […]

Poor capital market conditions combined with comfortable funds position has prompted Subhiksha– the largest, small format, convenience stores, retail chain, to defer its much awaited entry into capital markets. It had plans to raise capital from public through maiden IPO, soon after crossing the milestone of 1,000 retail stores, which it […]

Hemu Ramaiah, the original promoter of Landmark, the country’s pioneering books, music, and leisure products retail chain, has decided to sell her minority stake in the of 24% to its current owner majority Trent Limited, one of the Tata group’s two pure retail initiatives.
Founded in 1987 with maiden store in Nungambakkam […]

Spencer’s, among the oldest names in retail sector, threw open the doors of its Hypermarket store on in Kolkata on the 1st Feruary, 2008. The store was opened by the group patriarch R P Goenka.
Besides Kolkata, Spencer’s also operates hypermarket format stores in Mumbai, Gurgaon, Ghaziabad, Lucknow, Calicut, Hyderabad, Vizag, Vijayawada, Aurangabad […]

While Carrefour, the world’s number 2 French retail giant, has decided to foray into the booming organised retail industry of India through ‘cash and carry’ business, it has zeroed in on three potential joint venture partners one of whom eventually be appointed its franchisee for all other retail formats, most notably […]

Pantaloon Retail, the flagship retailing arm of Kishore Biyani proted Future Group, as reported earlier, has formally decided to hive off its highly successful Big Bazaar (hypermarket) and Food Bazaar (supermarket) retail chain formats into independent subsidiary companies.
Pantaloon, according to agency reports, is also creating independent subsidiary companies for speciality retail business activities as […]

Future Capital Holdings (FCH), a part of the Kishore Biyani promoted Future group, which went public with an IPO that closed on Wednesday, the 16th January, 2008, has received excellent response from all categories of investors. The IPO, despite secondary market sensitive index of BSE (sensex) tumbling by 860 points in […]