IndiaRetailBiz

“Subhiksha has access to capital and will continue to be on the fast-track of growth. It (transaction of acquire) will also enhance value for our stakeholders and help our objective of becoming a US$ five billion company by 2011,” R. Subramanian, Promoter & Managing Director, Subhiksha Trading, while explaining its proposed acquisition […]

“We are in discussion with major retail chains to explore possibilities of a foreign and domestic collaboration for setting up various retail formats in India,” Pradeep Jain, Chairman, Parsvnath Developers.

Parsvnath Developers, the Delhi-based real estate developer, which for some time has been in the news about its diversification plans, has incorporated a […]

“It’s early days for me to predict anything, but if I see the last 60 days, the sales speak that the customers are enjoying the experience.” — Rajan Bharti Mittal, Managing Director, Bharti Retail.
Expressing satisfaction over performance of the first batch of its “Easy Day” convenience stores, launched  this April at Ludhiana in Punjab, Bharti Retail’s […]

Pratidin, a franchisee-based, small format, retail chain of Delhi-based Om Daily Needs Retailing is looking at setting up about 100 convenience stores, during 2008.
The size of these stores, which will focus on selling FMCG, grocery and staples, according to an ET report, will be between 400 and 800 sq ft.
Pratidin (a […]

Indiabulls group, which began its business foray first as a capital market intermediary, delving into real estate business thereafter, entered the booming retail sector, by acquiring entire retail business of Piramal group being conducted under ‘Pyramid’ brand, has completed the process of rechristening Pyramid retail formats as Indiabulls Megastore and Indiabulls […]

Poor capital market conditions combined with comfortable funds position has prompted Subhiksha– the largest, small format, convenience stores, retail chain, to defer its much awaited entry into capital markets. It had plans to raise capital from public through maiden IPO, soon after crossing the milestone of 1,000 retail stores, which it […]

Wal-Mart, the US-based world’s largest retailer, is here! Of course, through Bharti Retail, its franchisee partner for front-end retail in India. Bharti Retail, a part of Mittals owned Bharti Enterprises– India’s largest mobile telecom player– rolled out first cluster of its three convenience stores in Ludhiana (Punjab) on Wednesday, the 16th […]

“Once the concept of forecourt retailing gets imbibed among the masses, Vishal may look at expanding this business to other parts of the country as well.” — Manmohan Aggarwal, CEO (Corporate Affairs), Vishal Retail.
Vishal Retail Ltd, which recently scored a century in terms of number of stores, with the opening of […]

“Our rollout strategy is dependent on our ability to execute. We are planning to launch more stores,” Sumant Sinha, Chief Executive Officer, Aditya Birla Retail.
Aditya Birla Retail, the retailing arm of aluminum to textiles Aditya Birla group, operating a retail chain of predominantly food and grocery stores, until March, 2008, has rolled out […]

“We have ambitious growth plans. While we now have two megastores (hypermarkets), more are on the anvil.” — Kumarmangalam Birla, Chairman, A V Birla group.

Aditya Vikram Birla Retail, which entered the booming retail sector about a year ago with the mission of “to change the way India shops” according to Mr. […]