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Retail Buzz at The Shop in Bangalore

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Reliance Retail

· Plans to open first Reliance Digital store in Bangalore by August 2007
· To be followed soon by another in Delhi
· Plans to open hypermarkets in Ahmedabad by July 2007

LMG Brands

· Recently launched fashion footwear brand, Josef & Seibel, at Central Malls and Lifestyle, India
· Planning 25 Josef & Seibel stores in tier I and II cities by end-2007
· Soon to launch 10 standalone Spring Field outlets across the country; starting with a Bangalore launch


· Targeting retail turnover of Rs 500 crore by 2008, and a projected turnover of Rs 1,000-1,500 crore by 2010
· Simultaneous retail expansion plans for a pan-India presence
· Plans to open 57 additional outlets by 2008


· First overseas outlet to come up in China by July 2007
· Plans to expand overseas presence to Cape Town, too
· On the national front, eight more outlets planned for current fiscal


· Plans to open 50 more stores across the country by end-2007


· Targeting Rs 200-300 crore retail turnover by 2010
· Plans for adding 50 more stores in India by current fiscal

— Special report from Bangalore Bureau

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