IndiaRetailBiz

“This shopping season in the U.S. is off to a robust start as consumers shrug off worries about high fuel prices and weak housing.”
Close on heels of maddening rush of American shoppers in deep discount retail stores on “Black Friday,” comes the news of a record “online” spend of $733 million (21% […]

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 […]

The first Friday after Thanksgiving has been named so because retailers move into the black from this day of the year. It marks the beginning of holiday shopping seasons and accounts for as much as 5% to 8% of Christmas sales, in the U.S.
Black Friday, began on a happy note for retailers […]

Shoppers’ Stop, the country’s second largest listed retailer, owned by construction giant K. Raheja group, which beside other formats operates the flagship retail chain of 22  lifestyle, department format, large format stores across 12 cities in the country, has reported mixed performance for the second quarter ending 30th September 2007 (FY 2007-08).
While, it […]

Pantaloon Retail (India) Ltd, the flagship retailing company of the Kishore Biyani owned Future group, for quarter ending 30th September, 2007, has reported an increase of 78.5% in gross turnover during the quarter ending 30th September, 2007, over corresponding quarter in the previous year. The net sales (income from operations) at […]

Pantaloon Retail (India) Ltd, the flagship listed company of kishore Biyani owned Future Group, while posting sales of Rs 3,550.35 crore for the year ended June 30, 2007 (an increase of 75% over the previous year), earned net profit of Rs 119.99 crore (an increase of 87% over the previous […]