IndiaRetailBiz

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 [...]

Shoppers’ Stop, a leading multi-format, multi-products lifestyle retailer with several retail chains under its belt, according to vice chairman B.S. Nagesh, has put off its plans to raise funds through a Rights Issue as it does not require cash for the moment.
“As of now the Rights Issue we had planned is not happening. Whenever we [...]

Despite negative footfalls since November-December last year with no signs of increase in consumer spending, Shoppers Stop may be required to begin hiring people for new stores being opened for several of its retail chains in the coming few months.
Although, Shoppers Stop, among the country’s largest department format, lifestyle retailer, is not expecting any significant [...]

Pondicherry-based Hidesign, which specialises in making premium leather accessory products, across the world, given current recessionary trends following global financial meltdown, is looking at focusing on India and other emerging markets for growth of its business in coming months.
Hidesign, which has earlier entere into an agreement with Kishore Biyani-led Future group for launching a range [...]

B S Nagesh, the public face of India’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 [...]

Yesterday, we reported about a consortium of bankers agreeing ‘in principle’ to consider bailout package to revive financially stressed Subhiksha’s operations under CDR (Corporate Debt Restructuring) programme of RBI.
The last date for disposal of the proposal under the rules framed for CDR will come to end in the next three days on the 31st July, [...]

Pantaloon Retail, the country’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 [...]

Mothercare, the iconic UK-based, retailer, which operates 21 retail stores (8 standalone and 13 shop-in-shop format outlets) for kids and expecting mothers in India, according to an ET report, may be looking for severing its ties with Shoppers’ Stop.
The Rahejas-led Shoppers’ Stop is among the country’s pioneering and leading listed retailers. It operates a [...]

Shoppers Stop, the country’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) [...]

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 [...]