IndiaRetailBiz

All’s well that ends well! Metro C&C the, Indian cash and carry subsidiary of global German retail giant Metro AG, after protracted political battles between ruling Left Front constituents CPI (M) and All India Forward Bloc (AIFB) in West Bengal, got the third renewal for APMC licence.
All traders desirous of dealing in agri-products are […]

The proposed demerger of the retail business of S Kumar Nationwide (SKNL) into a new entity to be called Brandhouse Retail Ltd appears to have run into troubles due to family feud between different branches of its owner Kasliwal family.
Kasliwals through demerger were looking at increasing their focus on retail besides […]

Piramals owned Pyramid, which in 1999 pioneered the country’s first modern shopping Mall ‘Crossroads’ at Tardeo in Mumbai, and which currently operates over 42 stores under two retail chains Pyramid Megastore (lifestyle- large format) and Trumart (convenience, grocery- small format), have decided to sell both the retail chains to Indiabulls Wholesale […]

Shoppers’ Stop, the retail venture of construction giant K Raheja group, while recording an increase of over 32% in its turnover during Q1:FY2008 over the corresponding period last year has reported a decrease of 57% in net profit from Rs. 7 crore last year to Rs 3 crore in the same […]

We came across an interesting report on how retail sector in Vietnam is going to witness a paradigm shift, two years from now, in 2009, when retail sector in that country is opened to MNC retailers. Except for clarity on road map for allowing FDI, the situation appears no different than what is […]

In an interesting trademark related judgment, that in future could have far reaching consequences, the Honourable Madras High Court has agreed with the prayer of French retailer Carrefour that it is the legal owner of the registered trademark ‘CARREFOUR’ and that the public could be deceived into believing that products offered […]

Dabur India, the consumer goods major known for such famous brands as Dabur Chyavanprash and Vatika, has reported consolidated 32.6% growth in net sales and 36.3% growth in net profit in Q1:FY2008 over corresponding period in the previous year.
While, announcing the Q1:FY2008 results it also unveiled roadmap for its foray into […]

Flemingo Duty Free Shops Pvt Ltd, a UAE-based duty free operator having operations spread across the UAE, India, Kenya, Srilanka and Tanzania, including 25 stores at arrival and departure terminals of 12 Indian airports in the northern, southern and western regions of the country, was among the 17 applicants, whose proposals to bring […]

Metro Cash and Carry, the Germany-based world leader in the self-service wholesale, which has chosen to enter India through wholesale retail (cash and carry) route, is looking at moving into North with an investment of Rs. 650 crore in Haryana, after having already made investments in the states of Karnataka, Andhra Pradesh, West Bengal, […]

Tesco, the world’s third biggest and the U.K.’s biggest retailer, which with 1,900 stores across the U.K., accounts for one third of grocery sales and over one sixth of all retail sales, returned to normal trading, after it was forced to close 14 of its stores across the U.K. on Saturday, the 14th July, 2007. […]