IndiaRetailBiz

Pantaloon Retail (India), the flagship multi-product, multi-format retail company of Kishore Biyani-led Future group, is changing gears in terms of business strategy as it is now focusing more on profits than mere growth. This was amply reflected in the last quarter (Q4) results (period ending 30th June, 2009) of the company. These results are more [...]

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) [...]

Safal, a retail chain of fresh, processed, and frozen foods products, operating over 400 stores across different localies of NCR (in and around Delhi) has hit upon a successful business opportunity of setting up open-air stalls that cater to daily requirents of fruits and vegetables local communies.
The temporary neighbourhood extension counters (stalls), which began opening [...]

The Indian retail market, which is currently (2009) estimated at around US $ 450 billion, is expected to touch $ 720 billion by 2011. The organised retail sector currently estimated at $ 63 billion (14 per cent of the total) will, however, grow much faster at 40 per cent to reach $ 90 billion during [...]

Samsung India Electronics Limited, the consumer electronics giant, opened a new channel for sales, when it launched its first ‘IT brandshop’ in Hyderabad on Wednesday.
The new IT brandshop is a conceptually different distribution model as Samsung India, which so far has focused on targeting consumers through channels and to some extent through government sales, [...]

After Pizza Hut– one of the largest global retail chains of quick service restaurants– which taking into account sensitivities of its local customers, had opened its first “only vegetarian” outlet in Ahmedabad, it is now the turn of Barista Lavazza — the cafe chain owned by Italy’s Lavazza– to serve only vegetarian food in [...]

BSNL, the contry’s government owned largest telecom player, is looking at modern retail chains to sell its products and services. This is extension of the company’s aggressive marketing strategy. BSNL will enter into retailing agreements with the retail chains or leaders of consortium of retail chains that operate at least a 50 retail outlets across [...]

“We have been doing it (converging back-end operations) since past six months across multiple formats. We have already achieved much success through it as regards sourcing efficiency, increasing margins and saving on labour,” said Rajan Malhotra, President-Retail Strategy, Future Group to PTI.
“We have saved both money and resources by undertaking the [...]

Many Indian companies, particularly those requiring heavy dose of working capital in running their businesses, are exploring fresh avenues of bringing in fresh capital from foreign lands. Faced with the situation of ‘cash crunch’ following slower than expected growth and tight capital markets conditions, companies like Kshore Biyani-led Pantaloon Retail are now testing the validity of recent [...]

Pantaloon Retail, India’s largest listed retailer, part of the Kishore Biyani promoted Future Group, has called a meeting of its Board of Directors today (13th April) to approve revamp operations of the retailer by demerging it into three entitie, one each for consumer products (FMCG & Durables), retail, and fashion, according to [...]