IndiaRetailBiz

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 [...]

Canvas– part of Delhi-based Om Daily Needs Pvt Ltd, which currently operates two retail chains ’Pratidin’ and ‘Daily Needs’ in and around the national capital– is the brand name of a new stationery products’ retail chain, being launched by the group.Canvas, according to an ET report , will initially launch 100 stationery stores in Delhi and NCR region [...]

“The proposed Reliance Retail-Avery Dennison JV will combine the global resources of Avery Dennison with local market knowledge and resources of Reliance Retail to strengthen existing supply chain network and enhance merchandising capabilities.”

Avery Dennison Corp, the Pasedana (US)-based, global giant in pressure sensitive technology, with $6.3 billion in 2007 sales, [...]