IndiaRetailBiz

LifeKen Medicines, a Bangalore-based pharmacy chain of Lifetime Healthcare Pvt. Ltd, is close to being acquired by Delhi-based Religare Wellness Ltd. Relligare, erstwhile, called Fortis Healthworld is part of Ralligare group owned by Malvinder Singh and family, which recently sold its promoter interest in India’s largest pharmaceuticals company Ranbaxy Laboratories […]

Spencer’s Retail, the retailing arm of RPG group owned by CESC, according to media reports, is close to signing franchise deal with Beverly Hills Polo Club (BHPC), a US-based casual apparel brand.
Beverly Hills Polo Club (BHPC) is a well known international fashion and accessories brand that has retail presence in 100 countries across […]

Subhiksha, the country’s largest food, grocery, and pharmacy retail chain, according to R.Subramanian, its Chairman and Promoter, has stopped selling fresh foods like fruits and vegetables from its stores.
This move, according to Subramanian, is a specific market strategy initiative of of the company.
Subhiksha’s fruits and vegetables business is an “add-on” business for its core […]

Subhiksha, the Chennai-based pan-India, small format, no frills, discount, food, grocery and pharmacy chain, which also operates a discount telecom chain, faced with the adverse impact of ecomic turbulance, has decided to go slow on its diversification and expansion plans.
The retailer had earlier announced diversification in the area of consumer durables. According […]

“Consumers are spending more on value for money products. All categories in food and fashion are doing well. In fact, the same store growth of 50 per cent in value formats is a record increase for us.” — Kishore Biyani, CEO, Future Group.

While, the entire world is battling with unprecedented decline in […]

Reliance Digital, a specialty format of Reliance Retail, the retailing arm of Mukesh Ambani-led Reliance Industries, is going ahead with its plans of rolling out over 50 stores in the next two years.
Reliance Digital, offers a range of multi-branded home appliances, consumer electronic, telecom, and other professional electronic products.
“We have planned to open 55 stores on […]

Big ticket retailers have begun to feel the heat of economic meltdown as they are finding it hard to raise resources from capital markets.
Only last week, Shoppers’ Stop announced paring down of the size of its Rights issue from Rs 500 crore to Rs 300 crore. Adverse market condition was cited as the reason […]

Reliance Retail, the retailing arm of Mukesh Ambani-led Reliance Industries, which in the past two years since its inception, has already rolled out over 800 stores. Most of these stores are part of neighbourhood, convenience, food & grocery format, retail chain called Reliance Fresh.
Reliance Retail is now going all out with the expansion of its […]

Bharti’s Chairman Sunil Mittal is consciously breaking his group free from telecom business by expanding more aggressively into diversified businesses, including retail. This was revealed by Mittal, while addressing media persons in New Delhi on Monday to announce the group’s new corporate brand identity.
Mittal is expecting to cross $10 billion in 2010 turnover. […]

Titan Industries, the country’s largest maker and retailer of watches (Titan) and jewellery (Tanishq), which has recently also rolled out an eyewear chain called “Eye+,” has decided to leverage on its brand appeal by foraying into other lifestyle accessory products like apparels, bags, belts and wallets. Titan is a part of Tata group.
The […]