IndiaRetailBiz

Reliance Autozone, one of Reliance Retail’s speciality formats, launched its sixth store at Toli Chowki in Hyderabad on Friday, the 9th October, 2009. Apart from its new store at Hyderabad, the retailer niche retailer is operating five more standalone stores at Gurgaon, Jaipur, Ghaziabad, Jamnagar, Mumbai. Reliance Autozone is also operating three shop-in-shop format retail [...]

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 [...]

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 [...]

Aditya Birla Retail, the retail arm of Kumar Mangalam Birla-led A V Birla group, is expecting to leap frogging its annual turnover from Rs 1,130 crore last fiscal (2008-09) to Rs 1,600 crore this fiscal (2009-10).
The growth of about 42 per cent, according to the company’s chief executive officer Thomas Varghese, will be achieved through [...]

Aadhaar, the erstwhile rural retail venture of Godrej Agrovat, 70 per cent equity stake of which was last year bought over by Kishore Biyani-led Future group, apart from major expansion, according to a DNA report, may also undergo across the board image makeover and repositioning of the format soon.
Aadhaar Retailing after takeover of management control [...]

Arvind Brands, a branded apparel retail chain company of Ahmedabad-based Sanjay Lalbhai group, which was spunned off a few months ago from the country’s largest textiles company Arvind Mills, to focus on building retail business across the country with a slew of fashion apparel brands, according to an HBL report, looking at strengthening its portfolio of  [...]

Croma, among the leading consumer electronics and durables retail chains of the country, owned by Infiniti Retail (a Tata group company), which currently operates 32 retail stores across large cities, is back on expansion drive.
The company is planning a three-fold expansion of its retail network in the next three years. Croma expects have [...]

Aditya Birla Retail, a retail initiative of Kumar Mangalam Birla group, which began operations in 2007 after acquiring operations of Hyderabad-based Trinethra superstores retail chain, according to an ET report, is believed to have incurred a net loss of Rs 534 crore on sales turnover of Rs 1,030 crore in 2008-09.
The company [...]

Westside, the flagship department store format, lifestyle retail chain of Noel N Tata-led Trent Ltd, one of the two retail arms of Tata group, which currently operates 36 stores, recently opened its new store at Nashik in Maharashtra. The new store occupying a retail space of 24,000 sq ft is located in the [...]

Bharti Retail, the retail arm of Mittals-led telecom giant Bharti Enterprises, which in the last one year has opened just 27 front-end stores under the brand name of “Easy Day” in Punjab and Haryana, has been growing slowly.
The front-end neighbourhood, food and grocery, value retail chain was launched in mid-April 2008 from Ludhiana, [...]