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 […]

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 […]

 ”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 […]

 ”Our wholesale cash-and-carry format will bring improved value, range and service to thousands of Indian businesses. We are delighted to be working with Tata, one of India’s largest and most respected business groups.”– Sir Terry Leahy, Chief Executive, Tesco plc.
“Tesco had first considered expanding into India 10 years ago, and had […]

Although, organised retail forms a small part of total retail in India, it has begun to emerge as an important channel of distribution for a number of large FMCG players in the country.While, modern retail accounts for only 4% or so of overall retail business, Hindustan Unilever Limited (HUL), the country’s largest FMCG company, has been able to  […]

“Emami would leverage on its FMCG marketing and strength to push its edible oils.”
“We have plans to come up with palm oil, soya oil and rice bran oil. By January next year the edible oil business will be in full steam. Our aim is to be amongst the top players in the […]

“Our strategy is to cut costs by growing aggressively and increasing productivity.” — R Subramanian, Promoter and Managing Director, Subhiksha Trading Services

R Subramanian, Promoter and Managing Director, Subhiksha Trading Services, is unfazed with the growing inflation as his no-frills, food & grocery discount convenience retail chain continues to acquire new customers. […]

“… with high input cost pressures is gnawing at margins, the only way to survive in retail industry is though scale.”
“The best way to drive the costs down is to open more stores quickly. Till now we had been able to absorb the pressure of rising raw material and staff costs, but […]