IndiaRetailBiz

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 […]

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 […]

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 […]

Orientum, a restaurant chain that offers casual dining experience in Szechwan cuisines, is planning to set up 14 such restaurants under the Orientum brand by 2011.
The restaurant chain, is currenty operating a 64,000 sqft Otrium restaurant on the top floor of Spencer’s Rashbehari store in Soth City Mall.
Spencer’s and IMRS have had a long relationship […]

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, […]

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 […]

While, casual, quick food, pizza specialist Domino’s is pumping in Rs 200 crore over the next three years to increase its existing 207 outlets to around 500 outlets, Pizza Hut — another equally famous US-based counterpart– is investing about Rs 45 crore to add 30-odd stores to its existing 139 stores over the […]

“During last four months, we have opened outlets in Jammu, Panipat, Surat, Baroda, Nashik, Trivandum, Meerut and Patiala. While earlier, 70 per cent of our business used to be in metros and mini-metros, now the ratio is 50:50 between big cities and smaller Tier II and III cities.” — Dev Amritesh, Senior […]

“Following the FDA order against suspending Subhiksha’s warehouse license for 20 days, Subhiksha went ahead and appealed in the Bombay Hi gh Court against the order and has managed to get a stay order from the Bombay High Court.” — R Subramanian, Founder and Managing Director, Subhiksha.
Subhiksha, the Chennai-based, country’s largest […]

 ”The verdict is absolutely absurd and wrong. They have no basis to pass such an order because to an appeal on an existing verdict, they can only retain the original verdict or modify it in appellant’s favour. We will move the high court against this suspension.”– R Subramaniam, Managing Director, Subhiksha Trading.

Earlier claims of Subhiksha […]