IndiaRetailBiz

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 […]

Big Bazaar, the value hypermarket chain of Kishore Biyani owned Future Group, has created a sub-brand called ‘Fashion @ Big Bazaar’ to focus on selling apparel in fashion segment.
M S. Dhoni, India’s cricket captain for T20 and ODI formats, has also been roped in by Big Bazaar to promote its fashion business. In fact, he […]

“We have been pleasantly surprised by the phenomenal response we have received from customers during the past week.”
“In the midst of an inflationary scenario, crossing the Rs 1bn turnover mark on a single day has reassured our belief that our retail operations are able to provide the best value to Indian […]

 ”Our wholesale cash-and-carry format will bring improved value, range and service to thousands of Indian businesses. We are delighted to be working with Tata, one of India’s largest and most respected business groups.”– Sir Terry Leahy, Chief Executive, Tesco plc.
“Tesco had first considered expanding into India 10 years ago, and had […]

Spencer’s Retail, a wholly owned subsidiary of CESC and retailing arm of over $4 billion RPG Enterprises, which currently operates 400 plus stores, 32 of which are large format Spencer’s Hyper store, is going in for a massive restructuring of its retail business. According to media reports and announcements made at CESC AGM, […]

“Food gets in the traffic, it gets the topline, the revenues, it doesn’t get the bottomline. Fashion and home get you the bottomline so you need to sell a whole lot of food but you also need to sell a whole lot of fashion and home.” — Samar Sheikhawat, Vice President, Marketing, […]

“The opening of the store was delayed by a few days due to apprehension by hawkers, but we do not compete with them as our customer profile is different from theirs.” Pravin Dalal, Vice President (Operations), Spencer’s.
“The demonstration was orchestrated by misinformed people. There was no real threat to small traders as organised […]

Spencer’s Retail, the retailing arm of RPG group, and a wholly owned subsidiary of CSEC, is pumping to Rs. 400 crore on expansion to increse the flagship chain’s turnover from Rs 1,500 crore to Rs 2,500 crore this fiscal.
“We have planned to open 300 more small stores apart from 23 hyper market stores […]

“… with high input cost pressures is gnawing at margins, the only way to survive in retail industry is though scale.”
“The best way to drive the costs down is to open more stores quickly. Till now we had been able to absorb the pressure of rising raw material and staff costs, but […]

“This update to the logo is simply a reflection of the refresh taking place inside our stores and our renewed sense of purpose to help people save money so they can live better.” — A Walmart statement.
Get ready to welcome a new Walmart!
Yes, a Walmart without a hyphen or a star in its name.
The […]