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	<title>IndiaRetailBiz &#187; Restaurants</title>
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	<description>Capturing the Excitement of Retail Biz in India</description>
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		<title>Domino&#8217;s Pizza may become first fast-food chain to list on Indian bourses; mulls IPO for dilution of PE equity</title>
		<link>http://www.indiaretailbiz.com/blog/2009/10/01/dominos-pizza-may-become-first-fast-food-chain-to-list-on-indian-bourses-mulls-ipo-to-allow-dilution-of-pe-equity/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/10/01/dominos-pizza-may-become-first-fast-food-chain-to-list-on-indian-bourses-mulls-ipo-to-allow-dilution-of-pe-equity/#comments</comments>
		<pubDate>Thu, 01 Oct 2009 02:57:55 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Brands/ Strategy]]></category>
		<category><![CDATA[Capital/ PE/ IPO]]></category>
		<category><![CDATA[Consolidation/ Restructuring]]></category>
		<category><![CDATA[Expansion/ New Investment]]></category>
		<category><![CDATA[HR/ Employment]]></category>
		<category><![CDATA[JV/ Franchisee]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[SBO (Single Brand Outlets)]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/10/01/dominos-pizza-may-become-first-fast-food-chain-to-list-on-indian-bourses-mulls-ipo-to-allow-dilution-of-pe-equity/</guid>
		<description><![CDATA[Bhartia&#8217;s owned &#8220;Jubilant FoodWorks Limited,&#8221; &#8212; the master franchisee of world renowned QSR (Quick Service Restaurants) pizza brand &#8220;Domino&#8217;s Pizza&#8221; in the South asia (except Pakistan)&#8211; according to media reports is looking at an IPO so as to enable one of its private equity (PE) investor JPMorgan Chase &#38; Co, a JP Morgan Partners affiliate, [...]]]></description>
			<content:encoded><![CDATA[<p>Bhartia&#8217;s owned &#8220;Jubilant FoodWorks Limited,&#8221; &#8212; the master franchisee of world renowned QSR (Quick Service Restaurants) pizza brand &#8220;Domino&#8217;s Pizza&#8221; in the South asia (except Pakistan)&#8211; according to media reports is looking at an IPO so as to enable one of its private equity (PE) investor JPMorgan Chase &amp; Co, a JP Morgan Partners affiliate, to dilute its equity stake (33 per cent) in the local company. The company was originally promoted and incorporated in 1995 as as a private company under the name of Domino&#8217;s India (P) Limited. Bhartias currently own 67 per cent stake in the company. Domino&#8217;s International, however, does not have any stake in the equity capital of the compay.</p>
<p>If the IPO route is chosen, Domino&#8217;s will be the first publicly traded fast food retail chain on the stock exchanges of India.</p>
<p>Nearly, 14 years after its foray into the country, Domino&#8217;s Pizza is among the most admired and fastest growing multi-national consumer brands in urban India. It is currently (as of August 2009) the largest fast food chain employing a work force of around 6,000 persons and operating 274 quick service restaurants (QSR) across 54 cities, in 20 states and UTs, of the country. The company is planning to expand network by adding 70 new restaurants to the retail chain.</p>
<p>The first Domno&#8217;s Pizza restaurant was launched in January, 1996 at New Delhi. Apart from quality of its pizzas, the brand has earned its reputation as a &#8216;home delivery&#8217; specialist capable of delivering its pizzas within 30 minutes.</p>
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		<title>Latin American &#8216;Pollo Compero&#8217; to foray into India&#8217;s multi-billion fast food market</title>
		<link>http://www.indiaretailbiz.com/blog/2009/09/18/latin-american-chicken-restaurant-giant-pollo-compero-to-foray-into-indias-multi-billion-fast-food-market/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/09/18/latin-american-chicken-restaurant-giant-pollo-compero-to-foray-into-indias-multi-billion-fast-food-market/#comments</comments>
		<pubDate>Fri, 18 Sep 2009 06:56:58 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[JV/ Franchisee]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[MNC/ Foreign Owned]]></category>
		<category><![CDATA[New Ventures/ New Launch/ Expansion/ Investment]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/09/18/latin-american-chicken-restaurant-giant-pollo-compero-to-foray-into-indias-multi-billion-fast-food-market/</guid>
		<description><![CDATA[Pollo Campero, the Latin American chicken restaurants quick service (QSR ) retail chain with close to 60 stores in the US, is getting ready for a festive season launch into India&#8217;s multi-billion-dollar fast food market.
The world&#8217;s largest $450 million Latin American chicken quick service restaurant chain, founded in 1971 in Guetmalan, offers &#8220;Flavor You Can&#8217;t [...]]]></description>
			<content:encoded><![CDATA[<p>Pollo Campero, the Latin American chicken restaurants quick service (QSR ) retail chain with close to 60 stores in the US, is getting ready for a festive season launch into India&#8217;s multi-billion-dollar fast food market.</p>
<p>The world&#8217;s largest $450 million Latin American chicken quick service restaurant chain, founded in 1971 in Guetmalan, offers &#8220;Flavor You Can&#8217;t Campero&#8221; and serves over 85 million customers every year at its 300-plus restaurants stores in 12 countries around the globe.</p>
<p>Pollo Compero, according to its Executive Vice President Gustavo Duran, is in advanced stage of negotiations with two local groups to set up restaurants under franchisee model in India. The retail chain is planning to set up 10 restaurants across the country by 2012. The first franchisee restaurant of the chain is likely to be unveiled in the third quarter of the calendar year. Indian franchisee will be responsible for making all the investment required for setting up Pollo Compero restaurants in India.</p>
<p>&#8220;We have already registered our brand with the authorities and our first restaurant will come up at Delhi by the third quarter of next year. We are in advanced stages of negotiations with a couple of local groups with the plan of setting up 10 restaurants by 2012,&#8221; said Duran to PTI.</p>
<p>Pollo Compero is looking at India as a major market for growth. It expects transactions of up to $100,000 per store per month, said Duran. &#8220;It is important for us to grow quickly for achieving volumes and revenue returns,&#8221; he added.</p>
<p>&#8220;Besides our famous global ranges including fried chicken, our Indian outlets would also have a range of vegetarians&#8217; fare including salads,&#8221; said Duran.</p>
<p>In a related development, Amit Burman, Dabur&#8217;s Vice-Chairman, who has made strategic investment Lite Bite Foods, said that his company is planning to launch Pollo Campero in India by November.</p>
<p>&#8220;With Pollo Campero, our offerings to our customers will be complete, as this adds the fried chicken menu to our basket,&#8221; Burman said.</p>
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		<title>US-restaurant/QSR brands keen to set shop in India; &#8220;Focus Franchsing&#8221; initiative to sign &#8216;profitable&#8217; deals</title>
		<link>http://www.indiaretailbiz.com/blog/2009/09/02/us-based-quick-service-restaurant-and-other-food-chains-keen-to-foray-into-india-via-franchise-route-us-counsulate-takes-focus-franchsing-initiative-to-help-indians-find-profitable-franchise/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/09/02/us-based-quick-service-restaurant-and-other-food-chains-keen-to-foray-into-india-via-franchise-route-us-counsulate-takes-focus-franchsing-initiative-to-help-indians-find-profitable-franchise/#comments</comments>
		<pubDate>Wed, 02 Sep 2009 02:38:12 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[JV/ Franchisee]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[New Ventures/ New Launch/ Expansion/ Investment]]></category>
		<category><![CDATA[Policies/ Government]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/09/02/us-based-quick-service-restaurant-and-other-food-chains-keen-to-foray-into-india-via-franchise-route-us-counsulate-takes-focus-franchsing-initiative-to-help-indians-find-profitable-franchise/</guid>
		<description><![CDATA[&#8220;The Indian franchise market has recorded a steady annual growth of 30-35 per cent in the last five years. The annual turnover of the Indian franchise industry is $3.3 billion, and is projected to grow further in the years to come,&#8221; said Aileen Crowe Nandi, Principal Commercial Officer, US Consulate-General, Chennai, quoting published reports. She [...]]]></description>
			<content:encoded><![CDATA[<p>&#8220;The Indian franchise market has recorded a steady annual growth of 30-35 per cent in the last five years. The annual turnover of the Indian franchise industry is $3.3 billion, and is projected to grow further in the years to come,&#8221; said Aileen Crowe Nandi, Principal Commercial Officer, US Consulate-General, Chennai, quoting published reports. She was addressing media persons in Chennai.</p>
<p>Encouraged by success of the US-based quick service restaurant (QSR) chains like KFC (Kentucky Fried Chicken), McDonalds, and Pizza Hut, a number of their QSR conterparts like Church&#8217;s Chicken, Round Table Pizza (5th largest US pizza chain), and Papa Johns (over 3,000 restaurants worldwide) and CKE Restaurants Inc, as well as other food restaurant chains like Tropical Sno (shaved ice brand), and The Melting Pot (premier fondue restaurant brand), according to Nandi, are looking for setting shop in India&#8217;s growing consumer market. They too want to follow &#8216;franchisee&#8217; model like their competitors for foraying into India.To assist potential Indian franchisees in establishing &#8220;new and profitable commercial relations&#8221; with such US companies that are keen to enter India, the US Commercial Services in India has designed  a unique programme. The programme is called &#8220;Focus Franchising.&#8221; Through this programme, the US-based companies will help local franchisees to find equipment packages, obtain guidance on site selection and restaurant-level marketing. These companies will also offer training assistance and  guidance to Indian franchisees.</p>
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		<title>Domino&#8217;s Pizza to explore new formats, expand retail network in India</title>
		<link>http://www.indiaretailbiz.com/blog/2009/08/27/dominos-pizza-to-explore-new-formats-expand-retail-network-in-india/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/08/27/dominos-pizza-to-explore-new-formats-expand-retail-network-in-india/#comments</comments>
		<pubDate>Thu, 27 Aug 2009 02:44:20 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Advertising, Promotions, Pricing, PR]]></category>
		<category><![CDATA[Brands/ Strategy]]></category>
		<category><![CDATA[Expansion/ New Investment]]></category>
		<category><![CDATA[HR/ Employment]]></category>
		<category><![CDATA[JV/ Franchisee]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[SBO (Single Brand Outlets)]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/08/27/dominos-pizza-to-explore-new-formats-expand-retail-network-in-india/</guid>
		<description><![CDATA[Domino&#8217;s Pizza, among the world&#8217;s largest pizza brands, is exploring new business formats to strengthen its business in the country. The new formats, according to Domino&#8217;s Pizza India CEO Ajay Kaul, will include include &#8216;online&#8217; ordering service and &#8216;express&#8217; counters.
Domino&#8217;s Pizza India, the master franchisee of the US-based Domino&#8217;s Pizza in South Asia, was founded [...]]]></description>
			<content:encoded><![CDATA[<p>Domino&#8217;s Pizza, among the world&#8217;s largest pizza brands, is exploring new business formats to strengthen its business in the country. The new formats, according to Domino&#8217;s Pizza India CEO Ajay Kaul, will include include &#8216;online&#8217; ordering service and &#8216;express&#8217; counters.</p>
<p>Domino&#8217;s Pizza India, the master franchisee of the US-based Domino&#8217;s Pizza in South Asia, was founded 15 years ago by Bhartias of Jubilant Organosys Group in 1995. The prestigeous &#8220;Hewitt Best employer Survey 2009&#8243; has recently adjudged the Indian company as the best employer in the QSR (Quick Service Restaurant) Industry in India.</p>
<p>Domino&#8217;s has established its reputation as the fastest delivering pizza brand in India, promising execution of pizza orders in less than 30 minutes. The pizza brand is currently a market leader commanding around  45 per cent share of Rs 675 crore pizza business in India.</p>
<p>The Quick Service Restaurant (QSR) retail chain that serves over 100,000 customers every day is presently operating 270-odd stores across 58 cities of India. The brand is planning expansion of the network of its stores to 310 by 31st March 2010.</p>
<p>Apart from offering pizzas at affordable prices, the company has always believed in following the strategy of &#8216;Think local. Act regional.&#8217; In addition to introducing toppings that suit taste buds of Indian customers, the company has also recently introduced a range of pastas to compliment its range of product offerings in India. This will help the brand to expand overall business as pastas are fast gaining in popularity among young people, who constitute bulk of its customers.</p>
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		<title>&#8216;KFC&#8217; opens 50th Indian outlet; unveils aggressive 10-fold expansion plan. Yum! Brands to also launch Taco Bell chain in India</title>
		<link>http://www.indiaretailbiz.com/blog/2009/08/24/kfc-opens-50th-indian-outlet-unveils-aggressive-10-fold-expansion-plan-yum-brands-to-also-launch-taco-bell-chain-in-india/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/08/24/kfc-opens-50th-indian-outlet-unveils-aggressive-10-fold-expansion-plan-yum-brands-to-also-launch-taco-bell-chain-in-india/#comments</comments>
		<pubDate>Mon, 24 Aug 2009 04:57:24 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Brands/ Strategy]]></category>
		<category><![CDATA[Expansion/ New Investment]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[MNC/ Foreign Owned]]></category>
		<category><![CDATA[New Ventures/ New Launch/ Expansion/ Investment]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/08/24/kfc-opens-50th-indian-outlet-unveils-aggressive-10-fold-expansion-plan-yum-brands-to-also-launch-taco-bell-chain-in-india/</guid>
		<description><![CDATA[Yum! Brands, the US-based world&#8217;s largest network of system restaurants with nearly 36,000 restaurants in over 110 countries/ territories, employing over 1.4 million persons, has decided to go aggressively on expanding the network of its restaurants in India.
According to Niren Chaudhary, Managing Director of its Indian subsidiary Yum! Restaurants India, the company will expand its [...]]]></description>
			<content:encoded><![CDATA[<p>Yum! Brands, the US-based world&#8217;s largest network of system restaurants with nearly 36,000 restaurants in over 110 countries/ territories, employing over 1.4 million persons, has decided to go aggressively on expanding the network of its restaurants in India.</p>
<p>According to Niren Chaudhary, Managing Director of its Indian subsidiary Yum! Restaurants India, the company will expand its present strength of 50 KFC restaurants by ten-fold to 500 KFC restaurants by 2015. Apart from KFC, the quick service food retailer also own the globally known restaurant brands of Pizza Hut and Taco Bell. A&amp;W Restaurants (Hamburgers) and Long John Silver&#8217;s (Seafood) brands are also from the global QSR leader&#8217;s stable.</p>
<p>Unveiling the blueprint of expansion, while inaugurating the 50th Indian outlet of KFC restaurant in India at Chennai, Niren Chaudhary said that the company is looking at opening 100 outlets by end 2010 and 300 outlets by 2011. KFC follows a mixed (company and franchise) model of ownership and management model for its restaurant outlets. Each KFC outlet requires an average investment of Rs 3 crore.</p>
<p>While, KFC will focus on big metro cities for its growth, it will continue to put emphasise on affordability and innovation to address the needs of young people between 19 and 29 years of age, who constitute its core customers.</p>
<p>The company has been quite happy with the growth of its brands in India. While, KFC grew by 20 per cent over the last year, the growth for &#8216;Pizza Hut&#8217; (bigger and more famous), according to Chaudhry, was 6 to 7 per cent.</p>
<p>Buoyed by its performance in the country, the world&#8217;s largest restaurants retailer, which accounts for $14 billion in global turnover, has decided to unveil its third restaurant brand  in India. The first restaurant of &#8216;Taco Bell&#8217; brand, which specialises in Mexican delicacies, is scheduled to be launched at Bangalore before the end of this calendar year.</p>
<p>Taco Bell, according to Caudhry, will be introduced as a new concept for the young foodies in India. The brand will undertake expansion only after testing the local market.</p>
<p>&#8220;The Indian customer is waiting for new concepts in the quick service restaurant (QSR) segment. Besides, the Mexican delicacies will have a sure market in India with their spicy food,&#8221; said Chaudhary.</p>
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		<title>&#8216;The days of shut-downs are over,&#8217; says Spencer&#8217;s Goenka; Being optimistic about revival, retailer restarts expansion</title>
		<link>http://www.indiaretailbiz.com/blog/2009/08/19/spencers-retail-looking-at-break-even-in-12-months-scouts-for-private-equity-and-back-end-partner/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/08/19/spencers-retail-looking-at-break-even-in-12-months-scouts-for-private-equity-and-back-end-partner/#comments</comments>
		<pubDate>Wed, 19 Aug 2009 02:30:18 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Accessories]]></category>
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		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/08/19/spencers-retail-looking-at-break-even-in-12-months-scouts-for-private-equity-and-back-end-partner/</guid>
		<description><![CDATA[Spencer&#8217;s Retail, a Sanjiv Goenka-led retail arm of RPG group, which once ran a multi-format retail chain of around 400 stores, has trimmed down its operations in the last one year to bring down the number of its stores to 264.
The business, which was badly affected due to decline in demand as a consequence of [...]]]></description>
			<content:encoded><![CDATA[<p>Spencer&#8217;s Retail, a Sanjiv Goenka-led retail arm of RPG group, which once ran a multi-format retail chain of around 400 stores, has trimmed down its operations in the last one year to bring down the number of its stores to 264.</p>
<p>The business, which was badly affected due to decline in demand as a consequence of global economic downturn, resulted in closure of over 100 stores in the last 12 or so months across the country. Apart from draining resources, these under performing stores were incurring huge expenses on salaries and rentals, resulting in non-viable operations.</p>
<p>The days of closing down of store are now behind the company and it has again begun to expand its retail network,  though cautiously.</p>
<p>&#8220;The period of shut downs is now over. We have opened five large format stores  during past three months and all have reported sales more than double the normal sales rate. So we are optimistic about  revival,&#8221;  said SanjivGoenk, Vice Chairman of the Company, while speaking to reporters in New Delhi.</p>
<p>Although,  the sales are showing signs of revival, they are still not enough  to take the company &#8220;out of woods,&#8221; said Goenka. While, the company has recorded growth of  18 per cent in the same-store-sales, in the last 3 months, however, there is still a need for them to grow further. The  costs should also come down substantially to make the operations profitable.</p>
<p>&#8220;Rentals are still very high despite dropping by an average 20 per cent or so,&#8221; said Goenka (ET <a href="http://snipurl.com/qhclm" target="_blank">report</a>). The company has so far  been able to prune rental costs by 12 per cent, according to Goenka.</p>
<p>Spencer&#8217;s is looking at breaking even its operations at store level within the next 6 month, while the break even at the company level, according to the report, is expected within a period of the next 12 months.</p>
<p>Under the circumstances, the company is cautious on expanding its network. While, the retailer has opened 5 new stores in the last 3 months, it is planning to set up another 10 during the financial year, at an investment of Rs 100 crore.</p>
<p>In order to raise further resources, Spencer&#8217;s is looking at diluting 10 per cent of its equity in favour of private investors. It is believed to have already begun talking with a few investors in this regard. The company will look at raising equity through IPO only after it achieve break-even. Spencer&#8217;s is also exploring induction of a multi-national retail player partner to sore up its back-end operations. The tie-up could be lines of Bharti-Walmart joint venture.</p>
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		<title>Shoppers&#8217; Stop&#8217;s Nagesh moves into non-executive position; Shrikhande to take over as President &amp; CEO; new organisation structure to become effective from today</title>
		<link>http://www.indiaretailbiz.com/blog/2009/08/18/shoppers-stops-nagesh-moves-into-non-executive-position-shrikhande-to-take-over-as-president-new-organisation-structure-to-become-effective-from-today/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/08/18/shoppers-stops-nagesh-moves-into-non-executive-position-shrikhande-to-take-over-as-president-new-organisation-structure-to-become-effective-from-today/#comments</comments>
		<pubDate>Tue, 18 Aug 2009 04:25:19 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Accessories]]></category>
		<category><![CDATA[Apparel]]></category>
		<category><![CDATA[Books/ Music/ Toys/ Gifts/ Leisure]]></category>
		<category><![CDATA[Consolidation/ Restructuring]]></category>
		<category><![CDATA[Consumer Electronics/ Home Appliances]]></category>
		<category><![CDATA[Department Store]]></category>
		<category><![CDATA[FMCG]]></category>
		<category><![CDATA[Food and Grocery]]></category>
		<category><![CDATA[HR/ Employment]]></category>
		<category><![CDATA[Health, Beauty, Wellness]]></category>
		<category><![CDATA[Home: Furniture & Improvement]]></category>
		<category><![CDATA[Homeware/ Household]]></category>
		<category><![CDATA[Indian Owned]]></category>
		<category><![CDATA[Jewellery]]></category>
		<category><![CDATA[Leather/ Footwear]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[Multi-format]]></category>
		<category><![CDATA[Multi-product Categories]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Shoppers' Stop/ HyperCity]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/08/18/shoppers-stops-nagesh-moves-into-non-executive-position-shrikhande-to-take-over-as-president-new-organisation-structure-to-become-effective-from-today/</guid>
		<description><![CDATA[B S Nagesh, the public face of India&#8217;s leading department format retail chain and managing director of Shoppers Stop, who has been working with the company since its inception in 1991, is taking over as Vice Chairman of the company, from today.
Founded 19 years ago on the 27th October, 1991 with the unveiling of its [...]]]></description>
			<content:encoded><![CDATA[<p>B S Nagesh, the public face of India&#8217;s leading department format retail chain and managing director of Shoppers Stop, who has been working with the company since its inception in 1991, is taking over as Vice Chairman of the company, from today.</p>
<p>Founded 19 years ago on the 27th October, 1991 with the unveiling of its first men&#8217;swear store in Andheri, Shoppers&#8217; Stop, is owned by leading hospitality and real estate player K Raheja group. Shoppers Stop is among the country&#8217;s pioneering and leading organised retailing company that currently operates several multi-format lifestyle retail chains, across the country.</p>
<p>Nagesh&#8217;s movement from an &#8216;executive&#8217; position to a &#8216;non-executive&#8217; position is part of succession planning of retail business within the group. Nagesh, who has been working for 19 years with the group, is looking forward to spending part of his time on personal and social interests.</p>
<p>According to the new organisational restructure, while Nagesh will continue to remain on the company&#8217;s Board of Directors (now, as non-executive director), he will also play the role of a strategic advisor to the management. Nagesh will also be guiding the management team as its mentor. Nagesh will also continue to hold the currently held positions of chairman and vice chairman respectively in Crossword Bookstores Ltd. and Hypercity Retail (India) Ltd- both part of the group&#8217;s retail business.</p>
<p>In the new organisation structure, Govind Shrikhande, who is currently working as chief executive of the company, will also rise to become President and CEO, of the company. This position is currently held by Nagesh. </p>
<p>Apart from being an exercise in succession planning, the process of restructuring the organisation, according to Nagesh, will nurture talents to run the company as well as ensure that there are CEOs and MDs in the making for the group.</p>
<p>Shoppers Stop&#8211; professionally managed company&#8211; has Chandru L Raheja, as its chairman and his sons Ravi C Raheja and Neel C Raheja as its Directors on its board.</p>
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		<title>Spencer&#8217;s unveils a new SIS speciality gourmet format in Kolkata; six more to follow this fiscal</title>
		<link>http://www.indiaretailbiz.com/blog/2009/07/31/spencers-unveils-a-new-sis-speciality-gourmet-format-in-kolkata-six-more-to-follow-this-fiscal/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/07/31/spencers-unveils-a-new-sis-speciality-gourmet-format-in-kolkata-six-more-to-follow-this-fiscal/#comments</comments>
		<pubDate>Fri, 31 Jul 2009 02:52:52 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Events/ Happenings]]></category>
		<category><![CDATA[Food and Grocery]]></category>
		<category><![CDATA[Fresh Foods]]></category>
		<category><![CDATA[Indian Owned]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[New Ventures/ New Launch/ Expansion/ Investment]]></category>
		<category><![CDATA[RPG (Spencer's/ Other)]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Shop-in-Shop (SIS)]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/07/31/spencers-unveils-a-new-sis-speciality-gourmet-format-in-kolkata-six-more-to-follow-this-fiscal/</guid>
		<description><![CDATA[Spencer&#8217;s Retail, among the country&#8217;s oldest and leading retailers, unveiled a new Shop-In-Shop (SIS) format Gourmet store in Kolkata on Thursday.
&#8220;In India there is a propensity for good food. It may not be a volume market but would be a niche market, which is expected to grow with time. This store would cater to a [...]]]></description>
			<content:encoded><![CDATA[<p>Spencer&#8217;s Retail, among the country&#8217;s oldest and leading retailers, unveiled a new Shop-In-Shop (SIS) format Gourmet store in Kolkata on Thursday.</p>
<p>&#8220;In India there is a propensity for good food. It may not be a volume market but would be a niche market, which is expected to grow with time. This store would cater to a target audience that has a penchant for experimental food,&#8221; said Sanjiv Goenka, vice chairman, RPG Enterprises, while speaking on the occasion of inauguration of the new format store. RPG Enterprises is a Rs 150 billion diversified industrial and business conglomerate RPG (R P Goenka) group.</p>
<p>The 1,500 sq ft speciality gourmet SIS store is located inside the retailer&#8217;s 72,000 sq ft large flagship store in South City Mall of the metropolis.</p>
<p>The new format store offers a wide array of around 4,000 products comprising gourmet biscuits, breads, confectioneries, fresh fruits, vegetables, fruit juices, cheese, baby cereals, tea, coffee, chocolates, pastas, and essential ingredients for exotic cuisines of Thailand, China, Indonesia, Srilanka, America, Chile, France and Italy, among others. A &#8216;deli&#8217; counter also offers different types of chilled and frozen ham, salamis and bacon, among other specialities.</p>
<p>There is a live kitchen area in the new format store as well. This area has been set up with a view to promote exotic recipes of gourmet food created by professional chefs.</p>
<p>Spencer&#8217;s Retail is planning to open six more such gourmet stores, among others, at Gurgaon, Bangalore and Mumbai, Hyderabad, and Chennai. Spencer&#8217;s has earmarked an investment of Rs.3 crore on this format during this financial year. The company is expecting to earn a revenue of Rs.4 crore from this initiave as the new SIS format store is expected to generate a per sq ft revenue of Rs 1,500.</p>
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		<title>Pizza Hut &amp; KFC franchisee in India to show cause for forex violation; penalties could exceed $400 million</title>
		<link>http://www.indiaretailbiz.com/blog/2009/07/15/pizza-hut-penalties-could-exceed-400-million/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/07/15/pizza-hut-penalties-could-exceed-400-million/#comments</comments>
		<pubDate>Wed, 15 Jul 2009 04:04:04 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[JV/ Franchisee]]></category>
		<category><![CDATA[Legal]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[MNC/ Foreign Owned]]></category>
		<category><![CDATA[Policies/ Government]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/07/15/pizza-hut-penalties-could-exceed-400-million/</guid>
		<description><![CDATA[India Franchisee of Pizza Hut and Kentucky Fried Chicken  quick restaurant chains, appears to have run into trouble with the government  authorities dealing with foreign exchange regulations (FIPB) over breach of  certain conditions it accepted while obtaining license from them to operate  within India.
Yum Restaurants, the franchisee, according to a  newspaper report, had  [...]]]></description>
			<content:encoded><![CDATA[<p>India Franchisee of Pizza Hut and Kentucky Fried Chicken  quick restaurant chains, appears to have run into trouble with the government  authorities dealing with foreign exchange regulations (FIPB) over breach of  certain conditions it accepted while obtaining license from them to operate  within India.</p>
<p>Yum Restaurants, the franchisee, according to a  newspaper <a href="http://snipurl.com/n95v7" target="_blank">report</a>, had  agreed with the Foreign Investment Promotion Board (FIPB), which allowed to  operate in India in 1993, to bring in a total foreign currency investment of $80  million in two tranches of $40 million each over a period of seven years.  However, the company brought an investment of only $35 million.</p>
<p>The Enforcement Directorate, which investigates and  initiates prosecutions against foreign exchange violations in India, as such,  has served a notice seeking explanation for default on Yum! Restaurants.</p>
<p>&#8220;Our probe found that the firm brought in only about $35 million in all. This  amounts to both a foreign exchange and an FIPB licence violation,&#8221; said an  official of the Enforcement Directorate.</p>
<p>The violation could lead to a payment of Rs 1,920 crore (around $ 400  million) including Rs 1,252 crore ($260 million) in penalties.</p>
<p>Yum! has also been asked to explain evasion of service tax on services  offered the brands&#8217; restaurant outlets in the South Asian countries of Pakistan,  Sri Lanka, Mauritius and Bangladesh.</p>
<p>Additional violations of Yum! relate to sale of franchisee establishments and  payment of royalty to its parent company in the US.</p>
<p>&#8220;Yum! is a responsible global company that has been operating legitimately in  the country for more than a decade. We comply with all applicable laws of the  land and are committed to investing and building our brands in the country in an  ethical manner,&#8221; said a spokesperson of Yum! Restaurants. &#8220;We are examining this  before deciding on an appropriate course of action,&#8221; added the spokesperson.</p>
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		<title>&#8216;Barista Lavazza&#8217; looking at expanding its market, plans new &#8216;dhaba&#8217; like cafes on highways</title>
		<link>http://www.indiaretailbiz.com/blog/2009/07/14/barista-lavazza-wants-to-expand-the-market-plans-to-open-dhaba-like-cafes-on-highways/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/07/14/barista-lavazza-wants-to-expand-the-market-plans-to-open-dhaba-like-cafes-on-highways/#comments</comments>
		<pubDate>Tue, 14 Jul 2009 04:40:41 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Brands/ Strategy]]></category>
		<category><![CDATA[Expansion/ New Investment]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[MNC/ Foreign Owned]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[SBO (Single Brand Outlets)]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/07/14/barista-lavazza-wants-to-expand-the-market-plans-to-open-dhaba-like-cafes-on-highways/</guid>
		<description><![CDATA[Barista Lavazza, the wholly owned Indian subsidiary of   famed Italian coffee major Lavazza, (which earlier known as Barista was acquired   from well-known NRI businessman Shiva Sankaran (who had earlier also acquired it   from Tatas) is making new strides in its new rebranded avatar by focusing on   highways.
Barista Lavazza is setting up new eateries on either side [...]]]></description>
			<content:encoded><![CDATA[<p>Barista Lavazza, the wholly owned Indian subsidiary of   famed Italian coffee major Lavazza, (which earlier known as Barista was acquired   from well-known NRI businessman Shiva Sankaran (who had earlier also acquired it   from Tatas) is making new strides in its new rebranded avatar by focusing on   highways.</p>
<p>Barista Lavazza is setting up new eateries on either side   of Murthal village in Haryana, located on busy Delhi -Karnal highway, that   boasts of several <em>dhabas</em> (local eateries serving fresh hot meals),   says a recent BS <a href="http://www.business-standard.com/india/storypage.php?autono=363793" target="_blank">report</a>.</p>
<p>Barista Lavazza will be competing with several <em>dhabas</em>   that offer traditional food favourites like <em>paratha, dal makhani, tandoori roti</em>   and <em>lassi</em> to travellers on their way to Karnal, Chandigarh, and Shimla. Apart   from offering coffee and cake, the new Barista Lavazza eateries will also offer   paratha and butter milk, among others, to compete with local <em>dhabas</em> operating   along the road. This will, however, be Barista&#8217;s second highway store as it   already runs a similar store on Mysore- Bangalore highway.</p>
<p>“Coffee, according to Barista&#8217;s Chief Operating Officer   Sanjay Coutinho, will remain the core promise that Barista Lavazza delivers on,”   however, the retail chain “will continue to deliver on the core promise of a   truly Italian coffee experience in a warm, friendly and relaxed environment.”</p>
<p>Barista Lavazza, operates a coffee chain of 215 Espresso Bars and 15 Crème cafes. These recently opened Crème cafes require larger space (over 1,600 sq ft)   compared to about 1,200 sq ft of Espresso Bars. Crème cafes also remain open for   longer hours than Espresso Bars and offer an elaborate food menu — breakfast   options, sandwiches, salads, pastas, pizzas and lasagna.</p>
<p>Barista Lavazza is competing in an estimated Rs 400 crore organised coffee cafe chain market with the likes of &#8216;Cafe Coffee Day&#8217; and &#8216;Mocha&#8217; coffee chains.   The entry into highway eateries business is an attempt of the coffee chain to expand the size of cake as overall size of cooked food business may be running into thousands of crores.</p>
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		<title>Pantaloon terminates JVs with Planet Retail and Blue Foods</title>
		<link>http://www.indiaretailbiz.com/blog/2009/07/01/pantaloon-terminates-jvs-with-planet-retail-and-blue-foods/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/07/01/pantaloon-terminates-jvs-with-planet-retail-and-blue-foods/#comments</comments>
		<pubDate>Wed, 01 Jul 2009 04:07:16 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Accessories]]></category>
		<category><![CDATA[Apparel]]></category>
		<category><![CDATA[Capital/ PE/ IPO]]></category>
		<category><![CDATA[Consolidation/ Restructuring]]></category>
		<category><![CDATA[Department Store]]></category>
		<category><![CDATA[FMCG]]></category>
		<category><![CDATA[Food and Grocery]]></category>
		<category><![CDATA[Homeware/ Household]]></category>
		<category><![CDATA[Hypermarket/ Supercentre]]></category>
		<category><![CDATA[Indian Owned]]></category>
		<category><![CDATA[Jewellery]]></category>
		<category><![CDATA[Kishore Biyani (Future Group)]]></category>
		<category><![CDATA[Leather/ Footwear]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[MBO (Multi Brand Outlet)]]></category>
		<category><![CDATA[Mergers, Acquisitions, Dilutions]]></category>
		<category><![CDATA[Multi-format]]></category>
		<category><![CDATA[Multi-product Categories]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/07/01/pantaloon-terminates-jvs-with-planet-retail-and-blue-foods/</guid>
		<description><![CDATA[Pantaloon Retail, the country&#8217;s largest muli-format,  multi-products, listed retailer, part of Kishore Biyani-led Future group, has  decided to severe its commercial ties (joint ventures) with Planet Retail  Holdings and Blue Foods.
Planet Retail Holdings Pvt. Ltd., a joint venture between  Kishore Biyani  (49 per cent) and V N Sharma (an Indonesian resident of Indian  [...]]]></description>
			<content:encoded><![CDATA[<p>Pantaloon Retail, the country&#8217;s largest muli-format,  multi-products, listed retailer, part of Kishore Biyani-led Future group, has  decided to severe its commercial ties (joint ventures) with Planet Retail  Holdings and Blue Foods.</p>
<p>Planet Retail Holdings Pvt. Ltd., a joint venture between  Kishore Biyani  (49 per cent) and V N Sharma (an Indonesian resident of Indian  origin), operates several retail chains in lifestyle segment for products  covered under fashion and sports categories. While, the JV operates Planet  Sports, Sports Warehouse and The Athlete&#8217;s Foot under sports segment, it  operates Guess, Next and Women&#8217;s Secret, among others, in fashion segment. The  company had recently ventured into beauty segment with the launch of The Body  Shop stores in India. Prior to Mark &amp; Spencer&#8217;s tieup with Reliance, Planet  Retail was also operating 14 stores of the UK-based iconic fashion and homeware  brand in India.</p>
<p>According to Kishore Biyani, Planet Retail JV had to be  terminated because Pantaloon is already in a sports business, which has now  become a wholly owned subsidiary of Pantaloon.</p>
<p>Blue Food, on the other hand, operates several restaurant  chains under brand names of Bombay Blue, Noodle Bar and Copper Chimney, among  others. The JV with Blue Foods, operating under the name of Pan India Food  Solutions, had to be terminated because Blue Foods has already merged into a  different entity.</p>
<p>According to Sunil Kapur, chief executive officer of Blue  Foods, no operational or management changea are envisaged as a consequence of  termination of the JV. It may be recalled that Indivision Capital, a private  equity (PE) firm, had agreed to invest Rs 100 crore in Blue Foods in October  2008.</p>
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		<title>In the footsteps of Pizza Hut, &#8216;Barista Lavazza&#8217; too opens &#8216;only veg&#8217; restaurants in Ahmedabad</title>
		<link>http://www.indiaretailbiz.com/blog/2009/06/16/after-pizza-hut-barista-lavazza-decides-to-open-only-vegetarian-outlets-in-ahmedabad/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/06/16/after-pizza-hut-barista-lavazza-decides-to-open-only-vegetarian-outlets-in-ahmedabad/#comments</comments>
		<pubDate>Tue, 16 Jun 2009 04:05:31 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Brands/ Strategy]]></category>
		<category><![CDATA[Consumers/ Behaviour]]></category>
		<category><![CDATA[Expansion/ New Investment]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[MNC/ Foreign Owned]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Retail Strategy]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/06/16/after-pizza-hut-barista-lavazza-decides-to-open-only-vegetarian-outlets-in-ahmedabad/</guid>
		<description><![CDATA[After Pizza Hut&#8211; one of the largest global retail chains of quick service  restaurants&#8211; which taking into account sensitivities of its local customers, had opened its first &#8220;only vegetarian&#8221; outlet in Ahmedabad, it is  now the turn of Barista  Lavazza &#8212; the cafe chain owned by Italy&#8217;s Lavazza&#8211; to serve only vegetarian  food in [...]]]></description>
			<content:encoded><![CDATA[<link href="http://www.indiaretailbiz.com/blog/default.css" type="text/css" rel="stylesheet" />After Pizza Hut&#8211; one of the largest global retail chains of quick service  restaurants&#8211; which taking into account sensitivities of its local customers, had opened its first &#8220;only vegetarian&#8221; outlet in Ahmedabad, it is  <a href="http://snipurl.com/k79l3" target="_blank">now</a> the turn of Barista  Lavazza &#8212; the cafe chain owned by Italy&#8217;s Lavazza&#8211; to serve only vegetarian  food in all its outlets across the city. Barista cafe chain, earlier owned by Tatas, was acquired a few years ago by Lavazza- an Italian global chain of cafe restaurants.
<p>&#8220;We are not excluding non-vegetarians, we are including all those vegetarians  who would not come to our outlet because we served non-vegetarian food. Besides,  we believe in going with the sentiments of the place and our dip stick survey  showed that this is what people wanted,&#8221; said Sanjay Countinho, Chief Operating  Officer, while giving details of the change.In Ahmedabad, a large number of high-end customers, particularly those  following the tenets of Jain religion, are extremely sensitive to taking the  food prepared in mixed (Veg+ Non Veg) kitchens. Even, McDonald, another global  retail chain of QSRs, has opened a restaurant outlet in the city that has two  separate kitchen; one each for preparing veg and non-veg food items.</p>
<p>Barista Lavazza appears to be aggressive on expanding its chain in Gujarat.  It plans to open 12 new company-owned restaurants at an average cost of Rs 50  lakhs each. Apart from the happening S G Highway of Ahmedabad, the retailer has  identified Surat and Vapi among the possible locations for opening new cafe  restaurants. Barista Lavazza is also planning to launch soft alcoholic drinks in  its select Crème outlets, though it is not very keen on increasing its presence  in malls, where there is uncertainty on footfalls. The retailer may also set up  retail outlets in metro stations, airports and places where the human traffic is  assured.</p>
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		<title>&#8220;Shoppers&#8217; Stop&#8221; to hike salaries of its top honchos; compensation packages of up to Rs 4 Cr and Rs 3 Cr proposed for MD and CEO</title>
		<link>http://www.indiaretailbiz.com/blog/2009/05/28/shoppers-stop-seeks-shareholders-approval-for-hefty-salary-hikes-for-its-its-top-honchos-proposes-annual-compensation-of-up-to-rs-4-cr-and-rs-3-cr-for-its-md-and-ceo-respectively/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/05/28/shoppers-stop-seeks-shareholders-approval-for-hefty-salary-hikes-for-its-its-top-honchos-proposes-annual-compensation-of-up-to-rs-4-cr-and-rs-3-cr-for-its-md-and-ceo-respectively/#comments</comments>
		<pubDate>Wed, 27 May 2009 23:30:55 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Accessories]]></category>
		<category><![CDATA[Apparel]]></category>
		<category><![CDATA[Books/ Music/ Toys/ Gifts/ Leisure]]></category>
		<category><![CDATA[Department Store]]></category>
		<category><![CDATA[Economic Slowdown]]></category>
		<category><![CDATA[Food and Grocery]]></category>
		<category><![CDATA[HR/ Employment]]></category>
		<category><![CDATA[Health, Beauty, Wellness]]></category>
		<category><![CDATA[Homeware/ Household]]></category>
		<category><![CDATA[Indian Owned]]></category>
		<category><![CDATA[JV/ Franchisee]]></category>
		<category><![CDATA[Leather/ Footwear]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[Multi-format]]></category>
		<category><![CDATA[Multi-product Categories]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Shoppers' Stop/ HyperCity]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>
		<category><![CDATA[Travel]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/05/28/shoppers-stop-seeks-shareholders-approval-for-hefty-salary-hikes-for-its-its-top-honchos-proposes-annual-compensation-of-up-to-rs-4-cr-and-rs-3-cr-for-its-md-and-ceo-respectively/</guid>
		<description><![CDATA[Shoppers Stop, the country&#8217;s pioneering, department store format, listed,  retail chain ptomoted by construction major K Raheja group, is seeking to  increase the aggregate compensations of its top honchos B S Nagesh Managing  Director and Govind Shrikhande, CEO.
The company has proposed to pay aggregate annual compensations of Rs 4 crore  (around $800,000) [...]]]></description>
			<content:encoded><![CDATA[<link href="http://www.indiaretailbiz.com/blog/default.css" type="text/css" rel="stylesheet" />Shoppers Stop, the country&#8217;s pioneering, department store format, listed,  retail chain ptomoted by construction major K Raheja group, is seeking to  increase the aggregate compensations of its top honchos B S Nagesh Managing  Director and Govind Shrikhande, CEO.
<p>The company has proposed to pay aggregate annual compensations of Rs 4 crore  (around $800,000) to B S Nagesh and of Rs 3 crore (around $600,000) to Govind  Shrikhande.</p>
<p>B S Nagesh, who has been reappointed as Managing Director of the company  from April 1, 2009 to March 31, 2010, according to the proposal, if approved, will get an annual salary and performance-linked incentive/reward or bonus of Rs  4 crore, while Govind Shrikhande, who has been reappointed as whole-time  director and designated as &#8216;Executive Director and Chief Executive Officer&#8217; of  the company for three years from July 29, 2009 will get an annual salary  and performance-linked incentive/reward or bonus of Rs 3 crore.</p>
<p>Interestingly, the approval of the shareholders for increased compensation is  being sought by the company at a time when on the one hand the retail sector as  a consequence of economic downturn is reeling under severe pressure, and  Shoppers Stop itself has reported a loss of Rs 64 crore in the financial year  2008-09 on the other. Instead of showing growth, the company, which witnessed a  decline of 15 per cent in footfalls during the last quarter fiscal 2009  (ended March 31, 2009), has reported a loss of 3 per cent in &#8217;same store sales&#8217;  for the quarter.</p>
<p>Shoppers Stop, which began operations in October, 1991 from its first store  in Andheri Mumbai, apart from the flagship retail chain under the same brand  name, also operates several other speciality retail businesses. Home Stop,  Crossword, Mothercare, MAC, Clinique &amp; Estee Lauder, among others, are the  speciality retail chains operated by the company either on its own or in  partnership/ licensing/ franchise arrangements with global brands/ retailers.  Despite several firsts to its credit, the company has not been able to scale up  its operations at the same pace as some of its competitors like Pantaloon Retail  of Future Group. Against over 12 million sq ft space of Future group, Shoppers  Stop is still occupying below two million sq ft. of retail space.</p>
<p>Shopper Stop also has financial and management interest in &#8216;HyperCity&#8217;  hypermarket format retail chain owned by the group. The group has recently  closed down the operations of &#8216;Brio&#8217; (F&amp;B), Desi Cafe (F&amp;B), and &#8216;Argos&#8217;  (Catalogue Retail) retail chains.</p>
<p>The retailer handles a rich portfolio of over 400 local and international  lifestyle brands under several product categories that among others include  fashion (apparel and accessories), personal care (beauty care including skin  care), home and travel ware (home decor, kitchenware, appliances, luggage),  food, grocery, and gifts.</p>
<p>While, Life, Kashish, Vettorio Frantini, Elliza Donatein, Haute Curry, i  Jeans Wear, Insense, Mario Zegnoti, Acropolis, Indi-Visual and Push &amp; Shov,  are some of the private lifestyle labels, MAC, Lancome, Chanel, Clinique, Tommy  Hilfiger, Esprit and Frich Connection, among others, are the global brands that  are sold by the retailer at its stores.</p>
<p>The retailer is currently operating 27 department format stores under the  flagship Shoppers Stop brand, while it is also operating 51 stores of  &#8216;Crossword&#8217; chain and 22 stores of &#8216;Mothercare&#8217; brand.</p>
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		<title>Mocha Mojo opens second outlet at Chennai; group eyeing 100 outlets under 8 different restaurant in 3 years</title>
		<link>http://www.indiaretailbiz.com/blog/2009/05/27/mocha-mojo-opens-second-outlet-at-chennai-group-eyeing-100-outlets-under-8-different-restaurant-in-3-years/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/05/27/mocha-mojo-opens-second-outlet-at-chennai-group-eyeing-100-outlets-under-8-different-restaurant-in-3-years/#comments</comments>
		<pubDate>Wed, 27 May 2009 02:56:11 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Brands/ Strategy]]></category>
		<category><![CDATA[Expansion/ New Investment]]></category>
		<category><![CDATA[Indian Owned]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

		<guid isPermaLink="false">http://www.indiaretailbiz.com/blog/2009/05/27/mocha-mojo-opens-second-outlet-at-chennai-group-eyeing-100-outlets-under-8-different-restaurant-in-3-years/</guid>
		<description><![CDATA[
Impressio Entertainment and Hospitality, which currently  operates 18 outlets of a chain of &#8216;Mocha (coffees and conversations) coffee  bars, across the country, opened its second &#8220;Mocha Mojo&#8221; coffeee bar store,  occupying 3,000 sq ft in Chennai on Monday, the 25th May, 2009. The  store located at Indira Nagar, Adyar, offers the looks and the [...]]]></description>
			<content:encoded><![CDATA[<link href="http://www.indiaretailbiz.com/blog/default.css" type="text/css" rel="stylesheet" />
<p designtimesp="31469">Impressio Entertainment and Hospitality, which currently  operates 18 outlets of a chain of &#8216;Mocha (coffees and conversations) coffee  bars, across the country, opened its second &#8220;Mocha Mojo&#8221; coffeee bar store,  occupying 3,000 sq ft in Chennai on Monday, the 25th May, 2009. The  store located at Indira Nagar, Adyar, offers the looks and the feel of the retro  era of the 70s. The first Mocha Mojo coffee bar store is located in Mumbai. The  company is looking at setting up six Mocha Mojo outlets in metro and  mini-metro cities including New Delhi, Hyderabad and Bangalore. The New  Delhi outlet is expected to come up in the next month.</p>
<p designtimesp="31469">&#8220;Mocha Mojo,&#8221; which evolved from the flagship brand  &#8220;Mocha&#8221; is a coffee bar with a difference. Mojo, which means &#8216;your magic&#8217; is  focusing on offering a wide range of health foods, including coffees made from  skimmed and soya milks, low-calorie desserts made from sugar  substitutes, cocolates and meals, as well as an assortment of organic and raw  foods, among others.</p>
<p designtimesp="31469">The Rs 60 crore Impressio, owned and promoted by its  Managing Director Riyaaz Amlani, is looking at launching eight different brands  of coffee bars and restaurants, across the country, in the next three years. The  group hopes to set up a total of 100 restaurants and coffee bars of these  different food brands during the period. Currently, the group operates a total  of 28 outlets of different brands in nine cities across the country.</p>
<p designtimesp="31469">The group traces its roots from the opening of its first  coffee bar store under the flagship brand of &#8220;Mocha&#8221; at Churchgate, Bombay,  in 2000. Mocha coffee bar, which is promoted as &#8216;a coffee shop for the soul&#8217; is  claimed to have been inspired by the &#8216;Quahveh Khannehs of Morocco and Turkey.&#8217;  Mocha is a full service restaurant chain that does not believe in doing a  &#8216;cop-pasting&#8217; job while designing its outlets. No two Mocha outlets are set to a  fixed pattern or a theme. Each of the coffee bar outlet, occupying 3,500 sq ft  space on an average, thus, takes pride in claiming to be different in its theme  and presentation than the other.</p>
<p designtimesp="31469">Impresario has also set up an Italian food restaurant  called &#8217;Del Italio.&#8217; It hopes to set up 22 more outlets of Del Italio in the  next 3 to 4 years. Italian, Indian, and Chinese cuisines are among the three  most favourite cuisines of the world.</p>
<p designtimesp="31469">Impressio, though no time frame has been set, is also  looking at expanding into neighbouring areas overseas like Dubai and Colombo,  among others.</p>
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		<title>McDonald&#8217;s to add 40 new restaurants in FY &#8216;10; tally of outlets to reach near 200</title>
		<link>http://www.indiaretailbiz.com/blog/2009/05/05/mcdonalds-to-add-40-new-restaurants-in-fy-10-tally-of-outlets-to-reach-near-200/</link>
		<comments>http://www.indiaretailbiz.com/blog/2009/05/05/mcdonalds-to-add-40-new-restaurants-in-fy-10-tally-of-outlets-to-reach-near-200/#comments</comments>
		<pubDate>Tue, 05 May 2009 01:26:44 +0000</pubDate>
		<dc:creator>K</dc:creator>
				<category><![CDATA[Expansion/ New Investment]]></category>
		<category><![CDATA[JV/ Franchisee]]></category>
		<category><![CDATA[Lifestyle Segment]]></category>
		<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Specialty/ Concept stores]]></category>

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		<description><![CDATA[
McDonald&#8217;s India, the wholly Indian subsidiary of the  US-based quick service restaurants chain McDonald&#8217;s International, has decided  to expand its operations within India. Currently, the company, which was set up  in 1996, is operating 158 restaurants through two joint venture  companies managed by Amit Jatia (Hard Castle Restaurants) in the South &#38;  the West and [...]]]></description>
			<content:encoded><![CDATA[<link href="http://www.indiaretailbiz.com/blog/default.css" rel="stylesheet" type="text/css" />
<p designtimesp="10148">McDonald&#8217;s India, the wholly Indian subsidiary of the  US-based quick service restaurants chain McDonald&#8217;s International, has decided  to expand its operations within India. Currently, the company, which was set up  in 1996, is operating 158 restaurants through two joint venture  companies managed by Amit Jatia (Hard Castle Restaurants) in the South &amp;  the West and Vikram Bakshi (Connaught Plaza Restaurants) in the North &amp; the  East. Majority of McDonald&#8217;s restaurants in India are located in the North &amp;  the East regions of the country.</p>
<p>The quick service food retailer, according to Vikram Bakshi, Managing  Director and joint venture partner (North and East), will set up 40 new  restaurant outlets during the current financial year of 2009-10.</p>
<p>&#8220;We are continuing with our growth strategy and plan to open 40 more  restaurants this fiscal,&#8221; said Bakshi, while speaking to reporters on the  sidelines of a CII conference in New Delhi.</p>
<p>&#8220;We have currently 158 restaurants in the country and our aim is to continue  to expand and grow in the Indian market,&#8221; added Bakshi.</p>
<p>The new restaurants are likely to entail an investment of around Rs 150  crore. According to Bakshi the company, despite economic slowdown saw a YOY  growth of over 25 per cent, last year.</p>
<p>McDonald&#8217;s India has developed a menu especially for India with vegetarian  selections to suit Indian tastes and preferences. McDonald&#8217;s does not offer any  beef or pork items in India. In the last decade it has introduced some  vegetarian and non-vegetarian products with local flavors that have appealed to  the Indian palate.</p>
<p>McDonald India is part of the world&#8217;s leading food service retailer, which  operates more than 31,000 restaurants across 119 countries and serves over 50  million customers every day.</p>
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