IndiaRetailBiz

Vishal Retail, a listed leading retailer in the value segment, which has been reeling under severe cash crunch for long time, is planning to raise Rs 100 cr. (1 billion) via QIP route. The money so raised will be used to meet financial obligations and expand business.
The retailer is looking at expanding number of its [...]

Reeling under pressure of sharply declining operating margins and slow growth in sales, Mumbai-based, lifestyle, fashion retailer and mall developer Provogue, according to a BS report, has decided to recast its future business plans and strategies.
The company has registered a sharp decline of 500 basis points (bps) or 5 per cent in its operating margin [...]

Vishal Retail, Delhi-based retailer in the segment, which was once a darling of equity markets in India, is likely to soon go “Subhiksha” way by commencing the process of Corporate Debt Restructuring (CDR).
Delhi-based, R. C. Agarwal-led, value retailer, has for quite sometimes been finding it hard to meet the challenges of falling footfalls, which on [...]

Titan Eye +, the third major line of retail business owned by India’s largest organised watch maker Titan, a Tata group company, has launched “Switcher” spectacle frames catering to high-end consumers across the country. The switcher frames are priced in the range of Rs 3,200 to Rs 3,500. These frames are known for using a [...]

Kishore Biyani-led Future group, which operates several multi-format, multi-product retail chains across consumer segments, is looking at sports business segment as one of the potential categories that can help shape its ambitious future growth plans. The group, as may be recalled, has recently announced its goal of achieving Rs 250 billion (Rs 25,000 crore) in [...]

Rajan Mittal, Vice-Chairman of Bharti Enterprises, which owns Bharti group’s retail arm Bharti Retail, has pitched hard for allowing foreign investment (FDI) in front-end, multi-brand, retail. Currently, there is a complete ban on inducting FDI in this segment, which accounts for bulk of retail business, in India.
FDI in retail has traditionally been opposed by small [...]

Kishore Biyani-led Future Group, which through its retail arm Pantaloon Retail is currently the country’s largest retailer, is looking at raising resources through various options, to fuel its growth ambitions.
Pantaloon Retail, which operates several multi-format, multi-products retail chains across segments, is expecting to achieve annual revenues of more than Rs 10,000 crore (over $2 billion) [...]

Reliance Digital, the consumer durables and professional elecronics format of Mukesh Ambani-led Reliance Retail, which also resells iconic Apple products through its standalone and shop-in-shop “iStore” retail format, is going in for a big expansion this year. It has prepared a blueprint to expand double the number of [...]

Indians are expecting a lot from Pranab Mukherjee, the union finance minister, who will today be presenting the first annual budget (2009-10) of the new UPA government.
The high hopes are on account of this budget being the first budget of the ruling Congress in recent times free of ideological shackeles of the regressive ‘Left’ parties.
While, business and industry, [...]

Koutons Retail, Delhi-based fashion retailer, which offers a range of fashion products under apparel, accessories, and footwear catagories, mostly in value segment, has reported a healthy growth of 31.91 per cent in sales over previous year (Rs 1,046.68 cr vs Rs 793.68 crore). The consolidated net profit, however, grew by only 15.01 per cent [...]