IndiaRetailBiz

Economic slowdown has been affecting different retailers in different ways. While, Kishore Biyani’s Future Group is still bullish on retail business, having registered a record growth of 87 percent in sales for its value formats in October, 2008, Reliance Retail, another big ticket retailer, a part of Mukesh Ambani-led Reliance group, is […]

“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 […]

Bharti’s Chairman Sunil Mittal is consciously breaking his group free from telecom business by expanding more aggressively into diversified businesses, including retail. This was revealed by Mittal, while addressing media persons in New Delhi on Monday to announce the group’s new corporate brand identity.
Mittal is expecting to cross $10 billion in 2010 turnover. […]

Are changing times forcing Wal-Mart– the world’s largest retailer– to change its expansion strategy, or is it the Tesco’s success with its recently launched small sized supermarket stores chain in the US called ‘Fresh & Easy’ that has made most discount retailers to rethink about store-size strategy for their food and grocery stores in the […]

While, Vishal Retail, the Delhi-based value retailer, is maintaining steady pace of growth in terms of opening of new stores, it has heavily suffere on its profitability during the half year ended 30th September, 2008.
The profitability was severely affected mainly on account of sharp increases in staff and interest costs.
According to the unaudited […]

After pruning one of the three floors of trading area in its first hypermarket store at Iskcon Mall in Ahmedabad, Reliance Retail has gone ahead with the opening of a new Reliance Mart (hypermarket store) at Ghatlodia in Ahmedabad.
Reliance Mart at Ghatlodia, occupying 41,600 sqft of space, is the company’s third hypermarket […]

SPAR, claiming to be the world’s largest independent food retail chain, has unveiled its 20,000 sqft supermarket format store on Friday, October 17th 2008 in Hyderabad. SPAR also has a hypermarket store operating in Bangalore.
The supermarket offers a wide range of Grocery, Fruits & Vegetables, Bakery, Dairy & Take Away Foods, Meat, Poultry […]

After closing down its operations in South Korea and Germany, and downsizing operations in Japan, Wal-Mart — the world’s largest retailer– is finding the going to be tough in mainland China as well. Not only, the giant retailer has failed to make profits in its 12 years long existence in the world’s […]

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 […]

HyperCITY, the hypermarket retail chain of K Raheja group and an associate chain of Shoppers’ Stop, has after a long gap begun expanding its network with the launch of its second hypermarket store in Navi Mumbai.The new hypermarket store, spread over a shopping area 80,000 sqft, is located inside the Inorbit mall built […]