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 […]

“We have tied up with Apple for stocking a whole range of products in shop-in-shop format in Music World, including iPods and accessories.” –  Subrata Chowdhury, President (Books and Music), Spencer’s Retail.

Music World, the music retail chain of RPG group owned Spencer’s Retail, has tied-up with the US-based Apple Inc. — a […]

Reliance Retail (RRL), the retailing arm of Mukesh Ambani-led Reliance group, which in a tie up with the US-based Steve Jobs-led Apple Inc. has set up exclusive Apple premium reseller stores called ‘iStores,’ to offer genuine iconic Apple consumer and professional electronic products like iMac desktop computers, MacBook notebooks, Mac Air notebooks (world’s thinnest), Mac […]

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 […]

“We, are delighted to bring to the high-tech city of Hyderabad our first and largest digital superstore in Andhra Pradesh,” said Ajay Baijal, President and CEO, Reliance Retail (Consumer Durables, IT, & Telecom).
Reliance Retail, the retailing arm of Mukesh Ambani-led Reliance Industries, unveiled its first Reliance ‘Digital’ store at Hyderabad on Saturday, reports […]

The MobileStore, the Ruias owned telecom retail face of the steel to oil Essar group, is looking at achieving a turnover of Rs. 5,000 crore ($1.25 billion) by 2010. The MobileStore was set up following the sale of Essar group’s telecom joint venture with Hutchison to the UK-based Vodaphone, in the next […]

Sales of consumer durables products, particularly for highend, high tech, high cost products like LCD televisions and frost free refrigerators, during this Festive season in the country, despite CSO’s manufacturing data reports to the contrary, have been exceptionally good, according to a Hindu Business Line report.
All the leading durables brands like […]

In a coup of sorts, Reliance Retail, the retail arm of Mukesh Ambani owned Reliance group, in a first exclusive alliance with an international brand, has bagged the exclusive marketing and distribution rights for Apple’s iStores in India. Apple, the U.S.-based, maker of hugely popular iPhones, iPods and Mac computers, is […]

NEXT, the consumer electronics and durables chain owned by Dhoots (Videocon), which currently operates 300 stores, is set to open 100 more stores within a month reports PTI. NEXT is hoping to record a turnover of Rs. 1,600 crore this fiscal.
The Rs. 25,000 crore consumer electronis and durables space is highly […]

Croma, the retail chain of large format consumer electronics and durables mega stores, owned by one of the Tata Group retail arms Infiniti Retail, launched two of its new mega stores in Pune on 30th August, 2007. The Pune stores are located at Ishanya mall (off Airport Road) and Krome mall (Solapar […]