IndiaRetailBiz

“Subhiksha has access to capital and will continue to be on the fast-track of growth. It (transaction of acquire) will also enhance value for our stakeholders and help our objective of becoming a US$ five billion company by 2011,” R. Subramanian, Promoter & Managing Director, Subhiksha Trading, while explaining its proposed acquisition […]

“Inflation has made no impact on our growth plan. We are going to open 70 more stores by the end of the current year and will invest Rs 700 crore for the purpose.” Ram Chandra Agarwal, Chairman, Vishal Retail.
Undettered by high inflation, Vishal- the Delhi-based mega markets retail chain has drawn up plans […]

Wadhawan Food Retail, a part of the Delhi-based housing and housing finance major Wadhwan Group is planning to raise capital next year through IPO. Fresh capital will be used to expand retail business of the group.
Apart from operating flagship food & grocery retail chain “Spinach,” Wadhwans have focussed on inorganic expansion. Besides […]

Indiabulls group, which began its business foray first as a capital market intermediary, delving into real estate business thereafter, entered the booming retail sector, by acquiring entire retail business of Piramal group being conducted under ‘Pyramid’ brand, has completed the process of rechristening Pyramid retail formats as Indiabulls Megastore and Indiabulls […]

Clouds of food shortages have begun looming large even on the skies of the land of plenty. Yes, we are talking about the United States of America, where the country’s top two bulk retailers, namely, Costco and Wal-Mart, in the face of surging demand, have begun imposing restrictions on bulk sales of […]

Videocon, the Venugopal Dhoot owned, country’s largest producer of durables and electronic components with several international manufacturing facilities, after successfully launching a retail chain of durables called “Next” has now decided to jump into the ‘cash and carry’ retail bandwagon, reports Business Standard.
The new retail chain, which among others,plans to […]

Wal-Mart, the US-based world’s largest retailer, is here! Of course, through Bharti Retail, its franchisee partner for front-end retail in India. Bharti Retail, a part of Mittals owned Bharti Enterprises– India’s largest mobile telecom player– rolled out first cluster of its three convenience stores in Ludhiana (Punjab) on Wednesday, the 16th […]

“Factors such as entry of new brands, availability of a wide range of products, and the new-age shopping experience are slowly pulling consumers towards the modern supermarkets,” — Sushmita Balasubramaniam, Head- Knowledge Company, Technopak.
While 85% of consumers continue to patronise small grocers (Kirana shops), a significant 15% have already begun buying […]

The Aditya Birla Retail, a part of the Kumarmangalam Birla controlled, A V Birla group, which had acquired Hyderabad-based Trinethra supermarkets chain, towards the end of 2006, is planning to aggressively expand the network of its supermarkets retail chain, called ‘More,’ across the country.
The group has decided to invest about $2 […]

Kishore Biyani (CEO, Future Group), Santosh Desai (MD and CEO, Future Brands), Damodar Mall (CEO, Innovation and Incubation), and Sadashiv Nayak (CEO, Big Bazaar) are among the top honchos of the Future Group, who are reported to have recently met Adi Godrej and other senior officials of the Godrej group, to […]