IndiaRetailBiz

Reliance Dairy Foods, a subsidiary company of Mukesh Ambani-led Reliance Industries Ltd (RIL), which manufactures and markets milk and other dairy under ‘Dairy Pure’ brand, has begun expanding footprint of its dairy products by roping in retailers outside the group. Apart from state cooperatives which operate within their respective states/ regions, Amul, Nestle, Mother Dairy [...]

Walmart Stores, world’s largest multi-brand retailer with over $400 billion in annual sales and operations under 53 banners across 15 countries (including India), is lobbying hard for change of policy on foreign direct investment (FDI) in multi-brand retail in India.
Currently, while no FDI is allowed in the multi-brand segment of retail operations, up to 51 [...]

Consumers are returning to retail stores with a vengeance. Diwali, which this year was celebrated about a fortnight or so earlier than usual, brought cheer back to faces of harried retailers.
Compared to the boom year of 2007, which had seen a large number of serious and non-serious players entering the sector, the year 2008 turned [...]

Allen Solly, the Rs 250 crore (2009 turnover) fashion apparel brand, which accounts for 28 to 30 per cent of Madura Garments’ turnover, is reinventing itself from the image of ’semi-formals’ and ‘casuals’ brand to a brand of fashion and personalcare lifestyle products. Madura Garments– a Kumar Mangalam Birla group company, is also retailing several [...]

Reeling under pressure of sharply declining operating margins and slow growth in sales, Mumbai-based, lifestyle, fashion retailer and mall developer Provogue, according to a BS report, has decided to recast its future business plans and strategies.
The company has registered a sharp decline of 500 basis points (bps) or 5 per cent in its operating margin [...]

Bhartia’s owned “Jubilant FoodWorks Limited,” — the master franchisee of world renowned QSR (Quick Service Restaurants) pizza brand “Domino’s Pizza” in the South asia (except Pakistan)– according to media reports is looking at an IPO so as to enable one of its private equity (PE) investor JPMorgan Chase & Co, a JP Morgan Partners affiliate, [...]

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 [...]

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 [...]

Tanishq, the country’s most prominent gold and precious jewellery of brand, which has deservedly been credited for pioneering and promoting the concept of branded jewellery in India, is expecting to make a big splash this festive season. Tanishq is currently operating a retail network of 117 exclusive boutiques across 78 cities of India.Tanishq is expecting [...]