IndiaRetailBiz

“Pharma retailing, fragmented as it is controlled by over 600,000 chemists spread across the nation, is slowly but surely getting corporatised with big business houses foraying into the sector.”
Apollo Pharmacies, the retailing arm of Pratap Reddy oened Apollo Hospitals group, among the country’s pioneering pharmaceutical retailers, is expanding its footprint from 220 cities and towns […]

“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 […]

“As the disposable income with the Indian middle class is growing, we are planning to aggressively market our brands in smaller cities. We will set up 20 new outlets by 2009 in tier II and III cities.” — Sanjeev Mohanty, Managing Director, Benetton India.
Benetton, the Italian apparel chain, which owns the United Colors […]

“We are doing a legitimate business, and there are so many others doing the same business. So why should people try to stop Reliance alone from entering Bengal. I appreciate there’s some anxiety, but such things happen all over the world. We’ll have to address it.”
“We should be there, hopefully, in the […]

“Till the time business is restricted to manufacturing, the product is simply treated as a commodity. So, we decided to add some brand value and get into retailing of apparel also.” — Yash Birla, Group Chairman.

Birla Cotsyn, a textiles company of the Rs 2,300 crore Yash Birla group, is foraying into apparel […]

“Religare wants to go a step beyond its competitors.”

Flush with cash after selling the entire promoters’ stake in Ranbaxy– the country’s largest pharmaceuticals company, the Singh family led by Malvinder Singh and Shivender Singh, is believed to be now focusing on accelerating the pace of growth of Religare Enterprises– the group’s integrated financial […]

“We have tied up with Apple for stocking a whole range of products in shop-in-shop format in Music World, including iPods and accessories.” –  Subrata Chowdhury, President (Books and Music), Spencer’s Retail.

Music World, the music retail chain of RPG group owned Spencer’s Retail, has tied-up with the US-based Apple Inc. — a […]

“We plan to have an all-India presence through our upcoming brands. Our immediate investment will be funded through internal accruals and banks, but going forward, we will think of private equity or IPO around 2010.” – Kailash Gupta, Managing Director, Liverpool Retail India.

Liverpool Retail, an Ahmedabad-based garments and fashion accessories company, which […]

“We are in discussion with major retail chains to explore possibilities of a foreign and domestic collaboration for setting up various retail formats in India,” Pradeep Jain, Chairman, Parsvnath Developers.

Parsvnath Developers, the Delhi-based real estate developer, which for some time has been in the news about its diversification plans, has incorporated a […]