IndiaRetailBiz

Reliance Industries Limited (RIL), the flagship company of Mukesh Ambani-led Reliance group, has identified retail as one of the five main areas of growth for future. Apart from retail, core areas of conventional energy and hydrocarbons as well as as rural transformation and innovations (like non-woven fibres for wallpaper and paper for currency), have also [...]

Shoppers Stop, leading lifestyle retailers of the country, is going to invest Rs 250 crore to expand its department store format, lifestyle, retail chain operating under the same brand name.
Founded in 19991 by K Raheja group, Shopper’s Stop, currently operates around 27 stores and occupies a total retail space of 1.88 million sq ft. It [...]

Vishal Retail, financially stressed Delhi-based multi-products retailer which for months has been forced to put expansion on hold, has bought peace with its institutional lenders by signing a deal to kickstart the process of restructuring debt.
The deal has been inked with lending banks like with SBI, HDFC and HSBC to whom the retailer owes major [...]

Kishore Biyani, Founder and CEO, Future group, is quite fond of number 30 or similarly sounding 13. He has set the group target of Rs 30,000 crore ($6.5 billion) in sales, from 30 million sq ft by 2013. Biyani revealed the agenda for growth of his group, while delivering the keynote address on 22nd October, [...]

Pantaloon Retail India, a Future group company, has grown at a much faster pace than some of its well known competitors. The credit for this in large measure goes to the vision of its founder and promoter Kishore Biyani, who is quick to acquire/ contract new space, and that too at lower rates, than its [...]

Bharti Wal-Mart Pvt Ltd, the 50:50 joint venture between Wal-Mart Stores –the world’s largest retailer– and Bharti Enterprises– India’s largest mobile service provider– is looking at either the West or the South zone for expansion of its ‘Cash and Carry’ wholesale centres.
The JV has already launched its first C&C store under the brand name of [...]

Reliance Retail, a retail initiative of Mukesh Ambani-led Reliance Industries, which in the past has faced many political hurdles in West Bengal, may afterall revive its retail business in the state “in a
major way” according to Tarun Jhunjhunwala, President of Reliance Industries, who was speaking to reporters in Barasat (WB).
“We are currently working on how [...]

Vishal Retail, a listed leading retailer in the value segment, which has been reeling under severe cash crunch for long time, is planning to raise Rs 100 cr. (1 billion) via QIP route. The money so raised will be used to meet financial obligations and expand business.
The retailer is looking at expanding number of its [...]

Vishal Retail, Delhi-based retailer in the segment, which was once a darling of equity markets in India, is likely to soon go “Subhiksha” way by commencing the process of Corporate Debt Restructuring (CDR).
Delhi-based, R. C. Agarwal-led, value retailer, has for quite sometimes been finding it hard to meet the challenges of falling footfalls, which on [...]

Pantaloon Retail (India), the flagship multi-product, multi-format retail company of Kishore Biyani-led Future group, is changing gears in terms of business strategy as it is now focusing more on profits than mere growth. This was amply reflected in the last quarter (Q4) results (period ending 30th June, 2009) of the company. These results are more [...]