IndiaRetailBiz

Only a couple of days ago, we carried a report describing acquisition of 10% equity stack in Subhuksha’s equity by Wipro’s Azim Premzi as a coup of sorts, and despite Subhiksha’s CEO R subramanian calling that as nothing more than a portfolio investment, retail sector is buzzing with speculation of imminent sale of the company […]

Big Bazaar, one of the country’s biggest hypermarket, value chain of Kishore Biyani-led Future Group, is investing around Rs 1,500 crore to set up 15 more Big Bazaar stores in three months.This will take the number of Big Bazaar stores in the country to 112 by November, 2008 against a target of 145 stores by […]

“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 […]

Vishal Retail, the apparel, FMCG and home products discount retailer, which raised capital from public for its expansion through a highly successful IPO in June, 2007, has posted excellent performance on almost all sales, financial, and other growth parameters, far exceeding the targets set in the offer document.
Vishal to begin with has not only […]

The Aditya Birla Retail, a part of the Kumarmangalam Birla controlled, A V Birla group, which had acquired Hyderabad-based Trinethra supermarkets chain, towards the end of 2006, is planning to aggressively expand the network of its supermarkets retail chain, called ‘More,’ across the country.
The group has decided to invest about $2 […]

“If you have to stand out in the crowd and draw customers, you need to give value to the customer. At Subhiksha, we provide value to the shopper,” R. Subramanian, Promoter, Subhiksha.
Subhiksha, the Chennai-based, no-frills, deep discount, supermarkets, retail chain, which now occupies about a million sq.ft. of space and is spread across […]