IndiaRetailBiz

“Everybody has to readjust the pace and speed with which they are growing.” said R Subramanian, Founder and Managing Director of Subhiksha Retail, while talking about the current scenario of resource crunch. He was responding to a question asked by a reporter who was conducting his interview for BS.
Brushing aside the question regarding stake […]

Faced with the specter of slowing economy and declining margins, Croma, the durables chain of Tata group– the country’s largest conglomerate in terms of operating revenues– according to a BS report, is looking at launching home durables under its own private label.
“We are looking at various products that are in demand and offer high margins” said […]

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 […]

Hash-10 Telecom, a Chennai-based mobile stores chain, has been restrained by the Madras High Court from airing objectionable commercial advertisements directly attacking Subhiksha. Subhiksha operates a pan-India retail chain of value mobile stores.
Hash 10, which began its operations in 2005 is currently operating a network of 60-odd stores and 300 franchisee outlets in Tamil Nadu. According to […]

“The current explosion of the telecom retail market that we are seeing, is breaking new barriers every day. Future Group, with the knowledge and expertise of Axiom Telecom’s systems and process in this area, will be positioned to retail and service the Indian telecom market.” — Kishore Biyani, CEO, Future Group.

On […]

Wadhawan Food Retail, a part of Delhi-based realty major Wadhwan group, which operates convenience food and grocery chain called “Spinach” notwithstanding the reports of financial crunch, is planning to invest Rs. 1,500 crore to set up 1,300 new stores across the country.
These stores will come up over a period of the next […]

Vishal Retail, a Delhi-based  value retail chain of megamarts, which has recently forayed into small format retail as well, is looking at various options to raise Rs 200 crore to fuel its growth plans.
The company has last month opened its first franchise-based small format retail store at Indore. It plans to eventually expand this […]

Subhiksha, the South-based food and grocery discount chain, after setting shop in the South, the West, and the North, is now expanding into the East.
“The company is already present in the north, south and western regions. To make its presence felt in the east, we will soon foray into the east,” said […]