IndiaRetailBiz

Reliance Autozone, one of the specialty retail chains of Reliance Retail, has joind hands with Garmin, to market Global Positioning (GPS) devices and systems across the country.
Apart from selling these products at Reliance Autozone’s specialty stores, Reliance will also set up shop-in-shop format retail outlets at Reliance Digital and some other group retail chains to [...]

Reliance Autozone, one of Reliance Retail’s speciality formats, launched its sixth store at Toli Chowki in Hyderabad on Friday, the 9th October, 2009. Apart from its new store at Hyderabad, the retailer niche retailer is operating five more standalone stores at Gurgaon, Jaipur, Ghaziabad, Jamnagar, Mumbai. Reliance Autozone is also operating three shop-in-shop format retail [...]

Beating slowdown blues, this festive period appears to have brought a lot of smiles on faces of luxury goods retailers, particularly luxury car retailers in Gujarat.
The Dussehra day is turning out to be a bonanza time for retailers as Gujaratis, who prefer to buy vehicles, houses, and other expensive durables on this auspicious day, are [...]

Keeping in tune with the Finance Minister Pranab Mukherjee’s announcement of reductions in indirect duties of customs and excise in the annual budget, manufacturers of passenger vehicles (like, Ford, Toyota, General Motors, M&M, and Mitsubishi) and  LCD flat panels (like, Samsung and LG), have begun to pass on the benefit of cuts in the [...]

Carnation, the brainchild of Jagdish Khattar, erstwhile Managing Director of Maruti, and Variety Group of Hyderabad founded and owned by K Sathya Reddy, entered into a joint venture agreement on 7th April, 2009 in Hyderabad to set up 10 Auto Service Hubs of Carnatin in and around Hyderabad. Four of these hubs will [...]

Carz Spa, a Surat based car professional detailing Centre, dedicated to Automobile Beautification and Preservation, has joined hands with Franchise India Holdings Limited (FIHL) to franchise its business of setting up Car Beauty Clinics, across the country.
Carz Spa, , a division of Fortune Multiple Services Pvt. Ltd, which treats cars with [...]

Reliance Retail, a wholly owned subsidiary of Mukesh Ambani-led Reliance Industries, though it may come as somewhat of a surprise, is slowly but steadily growing its retail network.
Despite media reports reporting closure of around 30 under performing stores, the company has more than doubled its stores count from 465 to 950 stores in [...]

When almost every retailer, be it in the value, lifestyle, or luxury segment, is reeling under pressure of global financial meltdown, there is one product, or a category of products, that is bucking the trend.
It is none other, but the luxury cars segment!
Mercedes Benz, among the well known luxury cars in the world, which [...]

Organic growth in retail is much cheaper than acquisition. According to Reliance Retail executives, who spoke to ET on the subject, existing retailers despite economic slowdown are still looking for valuations equal to annual revenues of their chains.Since, a retailer can achieve capex turnover ratio of five times, it may be prudent for him to [...]

Reliance Digital, the electronic durables format of Mukesh Ambani-led Reliance Retail, has joined hands with the country’s pioneering electric car manufacturer REVA, to sell electric cars through its specialty retail outlets across the country.
With over 2000 vehicles on the road and a capacity to manufacture 30,000 vehicles per year, the Bangalore-based car manufacturer, considered to be a global [...]