IndiaRetailBiz

 ”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 […]

“It is quite sad that agencies saddled with the task of consumer protection can be used as tools by competition and vested interests to settle scores.” — Mohit Khattar, President (Marketing), Subhiksha Trading.
Subhiksha, the Chennai-based food and grocery discount retail chain, which is currently under the scanner of state FDA of Maharashta for alleged […]

Keeping in tune with its revised philosophy of striking partnerships with global iconic retail brands in several speciality areas, Reliance Retail, Mukesh Ambani managed retailing arm of Reliance Group, has gone ahead and stitched up yet another agreement. This time it is with the UK’s pharmacy and wellness highstreet retailer Alliance Boots, which […]

Close on heels of the clearance of its proposal to invest in  single brand front-end retail in India, the Netherlands-based Pearle Europe, is ready to soon unveil a retail chain of eyewear and other optical products stores.
The company’s proposal to bring in FDI (Foreign Direct Investment) was among the 28 such proposal cleared […]

Marks & Spencer– the British iconic retailer — which in April this year formed a 51:49 joint venture with Reliance Retail– the fastest growing retailer of India, has obtained clearance of the government of India to invest Rs 230 crore in the joint venture called Marks and Spencer Reliance India Private Ltd (earlier […]

“Pharma retailing, fragmented as it is controlled by over 600,000 chemists spread across the nation, is slowly but surely getting corporatised with big business houses foraying into the sector.”
Apollo Pharmacies, the retailing arm of Pratap Reddy oened Apollo Hospitals group, among the country’s pioneering pharmaceutical retailers, is expanding its footprint from 220 cities and towns […]

“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 […]

Alarmed with entry of the corporate sector in the retail of pharmaceuticals, the Chemists and Druggists Association of Krishna District in Andhra Pradesh, has sough immediate intervention of the concerned authorities to check the dangerous trend of playing havoc with the public health system.
The Association represented by its president V […]

“Focussing on innovation in the existing product categories and non-apparel products is important to boost our business. We are already the largest player in jeans and casual wear, so we have to think of other avenues to push growth in future.” — Shumone Chatterjee, Managing Director, Levi Strauss (India).
Levi Strauss (India), the […]

MedPlus PathLabs, a fully-owned subsidiary of Madhukar Gangadi-led MedPlus Health Services Limited, is venturing out to set up diagnostic laboratories across the country. MedPlus already operates a Clinical Reference Laboratory (CRL) at Hyderabad.
MedPlus, will initially set up five regional investigation labs at Pune, Chennai, Bangalore, Vizag and Vijayawada. These, state […]