IndiaRetailBiz

IndiaRetailBiz header image

Entries Tagged as 'Indian'

Reliance and Future eyeing Subhiksha? Valuation though may create hurdles, say experts

September 8th, 2008 (16 hours ago) · No Comments

Only a couple of days ago, we carried a report describing acquisition of 10% equity stack in Subhuksha’s equity by Wipro’s Azim Premzi as a coup of sorts, and despite Subhiksha’s CEO R subramanian calling that as nothing more than a portfolio investment, retail sector is buzzing with speculation of imminent sale of the company […]

Tags: Value/ Discount Store · Capital/ PE/ IPO · Indian · FMCG · Mobiles/ Telecom · Food & Grocery · Kishore Biyani (Future Group) · Subramanian (Subhiksha) · Convenience Store · Mukesh Ambani (Reliance)

Big Bazaar to add 15 new stores; closes two Ahmedabad stores

September 7th, 2008 · No Comments

Big Bazaar, one of the country’s biggest hypermarket, value chain of Kishore Biyani-led Future Group, is investing around Rs 1,500 crore to set up 15 more Big Bazaar stores in three months.This will take the number of Big Bazaar stores in the country to 112 by November, 2008 against a target of 145 stores by […]

Tags: Value/ Discount Store · Indian · FMCG · Expansion/ Investment/ Launch · General Merchandise · Hypermarket/ Supercentre · Apparel · Kishore Biyani (Future Group)

10% of Subhiksha’s equity acquired by Azim Premji of Wipro

September 6th, 2008 · No Comments

In an investment coup of sorts, Azim Premji, the majority owner of one of the country’s largest IT sevices company WIPRO, through his investment arm has picked up 10% equity stake in Subhiksha, the country’s largest no-frills, small format, food and grocery chain
Subiksha.Subhiksha is currently operating around 1,500 stores and has plans in place to […]

Tags: Indian · FMCG · Capital/ PE/ IPO · Mobiles/ Telecom · Convenience Store · Food & Grocery · Subramanian (Subhiksha)

Big Bazaar to emphasise more on fasion products; increase margins

September 5th, 2008 · No Comments

Big Bazaar, the value hypermarket chain of Kishore Biyani owned Future Group, has created a sub-brand called ‘Fashion @ Big Bazaar’ to focus on selling apparel in fashion segment.
M S. Dhoni, India’s cricket captain for T20 and ODI formats, has also been roped in by Big Bazaar to promote its fashion business. In fact, he […]

Tags: Indian · Image Makeover · Apparel · Hypermarket/ Supercentre · Kishore Biyani (Future Group)

Archies plans to use modern retail to reach out to consumers

September 4th, 2008 · No Comments

“Apart from Reliance Retail, we are looking at a series of similar tie-ups within modern trade. We are looking at newer avenues to reach out to consumers.” — Anil Moolchandani, CMD, Archies Limited.

Archies Limited, the country’s leading marketer of greeting cards and other social expression products, according to an ET report, […]

Tags: Indian · Shop-in-Shop · Books/ Music/ Toys/ Gifts/ Leisure · Expansion/ Investment/ Launch

Suguna to extend footprint of its retail network; ready to set up 200 ‘Daily-Fresh’ stores across South

September 4th, 2008 · 1 Comment

Suguna Poultry Farm Ltd, a leading seller of poultry products, which currently operates 15 retail outlets in Tamilnadu, has decided to set up 200 Daily-Fresh stores in Tamil Nadu, Kerala, and Karnataka this year.
Saguna stores among others offer a range of whole and portioned fresh chicken, hygienic nutritious and tender chicken, […]

Tags: Indian · Expansion/ Investment/ Launch · Fresh Foods

MedPlus embarks on doubling its pharmacy retail network this fiscal

September 3rd, 2008 · No Comments

MedPlus Health Services, one of the fastest growing small format pharmacy retail chain, which was founded in February, 2006, by Hyderabad-based Dr Madhukar Gangadi, has decided to embark on a massive expansion of its retail network.
MedPlus, which is currently operating 500-odd stores across the country, is looking at doubling the network by scaling up the number of stores […]

Tags: Indian · Expansion/ Investment/ Launch · Health, Beauty, Wellness

Hidesign’s CEO resigns to start new retail venture

September 3rd, 2008 · No Comments

Kunal R Sachdev, who built and helped globalise the ‘Hidesign’ leather brand is setting up a new retail venture of his own. Sachdev, who has two decades of experience in retail, marketing and communication has already resigned as the CEO of the company.
Prior to his resignation, Sachdev had two stints of four years each with […]

Tags: Indian · Expansion/ Investment/ Launch · Accessories · HR/ Employment

After Nano, Mamata trains her guns on Reliance, organised retail

September 2nd, 2008 · 1 Comment

Organised retail is back on the firing list of Mamata Benerjee, the firebrand Chief of Trinamool Congress.Following strident political opposition to the entry of organised retail in West Bengal, Mukesh Ambani-led Reliance Retail, was last year compelled to abandon its retail foray into in West Bengal.Apart from violent opposition of All India Forward Bloc– a ruling Left front constituent, political […]

Tags: RPG (Spencer's/ Other) · Indian · Tatas (Westside/Croma/Landmark/Teisco/Other) · Kishore Biyani (Future Group) · Mukesh Ambani (Reliance) · Policies/ Government

Vishal Retail forays into small format stores; plans 2,000 outlets by 2009-10

September 2nd, 2008 · No Comments

After establishing Megamart (hypermarket) stores format, most of which occupy over 20,000 sqft of space each, Delhi-based Vishal Retail is now foraying into a new small franchisee-based store format, each store of which will occupy   1,000 to 3,000 sqft of space.
The group has planned to set up about 2,000 such small format stores […]

Tags: FMCG · Indian · Expansion/ Investment/ Launch · Consumer Electronics/ Home Appliances · Apparel