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Entries Tagged as 'Home Improvement'

@Home to expand 4-fold from 15 to 65 stores in 3 years; earmarks Rs 140 cr. for expansion

September 28th, 2009 · No Comments

@Home stores, the home furnishing retail chain of India’s largest, Rs 1,000 crore. moulded furniture manufacturer, Nilkamal Ltd, is planning aggressive expansion of its retail network from 15 stores to 65 stores in the next three years (2012-13). @Home retail chain was set up by the company two years ago.
Currently, @Home stores are located in [...]

Tags: Expansion/ New Investment · Home Improvement · Home: Furniture & Improvement · Indian Owned · Lifestyle Segment · Specialty/ Concept stores

Vishal Retail’s efforts to tackle problems begin to show results; interst cost goes down by 25%, employees slashed by 45%

August 11th, 2009 · No Comments

Vishal Retail, the Delhi-based value-based retailer, which operates around 170 mega-stores, across the country, has begun to succeed in tackling some of its financial problems. These problems, among others, have contributed towards the company recording heavy losses during Q4 (ended 31st March, 2009) of the financial year 2008-09 (Rs 114.73 crore) and Q4 (ended [...]

Tags: Accessories · Apparel · Capital/ PE/ IPO · Consolidation/ Restructuring · Consumer Electronics/ Home Appliances · Downsizing/ Closure · Economic Slowdown · FMCG · Food and Grocery · HR/ Employment · Home Improvement · Home: Furniture & Improvement · Homeware/ Household · Indian Owned · Leather/ Footwear · Megastores/ Mini-Hypermarkets · Mobiles/ Telecom · Retail Trends · Value Segment · Vishal (Agarwals)

Green Design Studio opens second store in Delhi; plans 25 stores in all mahor cities this fiscal

July 27th, 2009 · No Comments

‘Green Design Studio,’ a brand shop that aims to cater to all interior surfacing needs of customers, recently opened its second exclusive retail store in Delhi.
Green Design Studio, which had opened its first outlet at Bangalore in April this year, is a one-stop shop for a wide array of over 500 designs of laminate [...]

Tags: Events/ Happenings · Expansion/ New Investment · Home Improvement · Home: Furniture & Improvement · Indian Owned · Lifestyle Segment · Specialty/ Concept stores

Welhome to focus on consolidation, margin expansion this fiscal; to undertake big expansion next fiscal

July 15th, 2009 · No Comments

Tags: Consolidation/ Restructuring · Expansion/ New Investment · Home Improvement · Homeware/ Household · Indian Owned · Lifestyle Segment · Specialty/ Concept stores · Value Segment

“Home Town” prepares to unveil India’s ‘largest’ home improvement store in the ‘City of Joy’ on the 20th

June 17th, 2009 · No Comments

“Home Town,” the “first of its kind home improvement format” in India, owned by Home Solutions (India) Ltd, a wholly owned home retail subsidiary of Pantaloon Retail India, is all set to open its largest store in Kolkata.

The new 200,000 sq ft ”Home Town”  store of the group is located in Bengal Shrachi’s “Block by Block” [...]

Tags: Consumer Electronics/ Home Appliances · Economic Slowdown · Expansion/ New Investment · Home Improvement · Home: Furniture & Improvement · Homeware/ Household · Indian Owned · Kishore Biyani (Future Group) · Lifestyle Segment · Specialty/ Concept stores · Value Segment

IKEA, world’s largest furniture retailer, pospones $1 billion foray into India; seeks policy changes that will allow full ownership

June 12th, 2009 · 4 Comments

IKEA, the iconic Scandavian retailers of modern style functional, flat-pack, budget furniture and home furnishing accessories, which sold products worth € 22.5 billion ($32 billion, or Rs 1,50,000 crore) in 2008, through a network of 296 stores across 36 countries (as of March, 2009), has postponed its decision to invest $1 billion by [...]

Tags: Home Improvement · Home: Furniture & Improvement · International · Lifestyle Segment · MNC/ Foreign Owned · New Ventures/ New Launch/ Expansion/ Investment · Policies/ Government · Specialty/ Concept stores · Value Segment

Vishal initiates measures to conserve resources and raise revenues; shelves plans to set up restaurant chain

May 19th, 2009 · No Comments

Vishal Retail, Delhi-based cash-starved value retailer, which for quite some time has been facing cash crunch on account of falling footfalls and reduced consumer spending following economic slowdown, has shelved its earlier plan of entering into restaurant business.
“We are focusing on consolidation of our retail business and bring higher operational efficiency before [...]

Tags: Apparel · Consolidation/ Restructuring · Consumer Electronics/ Home Appliances · Discount Store · Economic Slowdown · FMCG · Food and Grocery · Health, Beauty, Wellness · Home Improvement · Home: Furniture & Improvement · Homeware/ Household · Indian Owned · Megastores/ Mini-Hypermarkets · Mobiles/ Telecom · Multi-format · Research/ Analysis/ Stats/ Trends · Value Segment · Vishal (Agarwals)

Westside opens 37th store in Nashik; plans 10 new stores this fiscal

May 14th, 2009 · No Comments

Westside, the flagship department store format, lifestyle retail chain of Noel N Tata-led Trent Ltd, one of the two retail arms of Tata group, which currently operates 36 stores, recently opened its new store at Nashik in Maharashtra. The new store occupying a retail space of 24,000 sq ft is located in the [...]

Tags: Accessories · Apparel · Books/ Music/ Toys/ Gifts/ Leisure · Department Store · Expansion/ New Investment · Food and Grocery · Health, Beauty, Wellness · Home Improvement · Homeware/ Household · Hypermarket/ Supercentre · Indian Owned · Jewellery · Leather/ Footwear · Lifestyle Segment · Private Label · Tatas (Westside/Croma/Landmark/Teisco/Other)

Rosebys to go global; targets $200 billion turnover in 5 years

May 12th, 2009 · 2 Comments

Sanjay Dalmia, Chairman of the contry’s leading soda ash manufacturing company, GHCL, is working on an ambitious retail plan to become one of the top retailers in the world.
Unperturbed by the global economic slowdown and consequent effect on retail business, Sanjay Dalmia, is going ahead with a plan to expand his UK-based home textiles retail chain Rosebys [...]

Tags: Brands/ Strategy · Economic Slowdown · Expansion/ New Investment · Home Improvement · Indian Owned · Lifestyle Segment · New Ventures/ New Launch/ Expansion/ Investment · Specialty/ Concept stores

Reliance, despite slowdown, expands retail network; doubles tally of its stores in a year!

March 3rd, 2009 · 1 Comment

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 [...]

Tags: Accessories · Apparel · Auto/ Accessories · Books/ Music/ Toys/ Gifts/ Leisure · Consumer Electronics/ Home Appliances · Convenience Store · Discount Store · FMCG · Fabrics · Food and Grocery · Fresh Foods · Health, Beauty, Wellness · Home Improvement · Home: Furniture & Improvement · Homeware/ Household · Hypermarket/ Supercentre · IT/ Professional Electronics · Indian Owned · Jewellery · Leather/ Footwear · Lifestyle Segment · Mobiles/ Telecom · Mukesh Ambani (Reliance) · Multi-format · Multi-product Categories · New Ventures/ New Launch/ Expansion/ Investment · Specialty/ Concept stores · Value Segment

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