Indiaretailing Bureau

Retail

Burger King likely to adopt franchisee model in India

Indiaretailing Bureau -
Burger King is entering the Indian market and is slated to take on McDonald’s in India with its own brand of burger restaurants. Experts are of the opinion in spite McDonald's strong position in metros like Delhi and Mumbai,...
Retail

Videocon may ink Daewoo deal by next month

Indiaretailing Bureau -
The bid to acquire Daewoo electronics by Videocon-led consortium, which was about to die seems to have breathed life again. Videocon International had insisted on a 15 per cent cut on the original purchase bid of $730 million, has...
Retail

BJ s reunites new management team

Indiaretailing Bureau -
BJ's Wholesale Club has made few changes in its senior leadership team. EVP and CFO, Frank Forward, is said to have agreed to lengthen his tenure for next three years. Laura Sen has been named as the new EVP...
Retail

Subiksha to add thousand outlets in 2007

Indiaretailing Bureau -
Discount retail chain Subiksha, is said to be gearing up to take its store tally to 1,000 by the end of 2007. The company which follows the Every Day Low Price (EDLP) model is going to enter its second...
Retail

Landmark exits Emami JV

Indiaretailing Bureau -
Retail outfit Landmark, is said to have sold to its joint venture partner its 50 per cent stake in the Emami Landmark Store Private Ltd. This is after the acquisition of stakes in Landmark by Trent in 2006. Sources in...
Retail

LG consolidates home appliances business

Indiaretailing Bureau -
Home appliances major LG Electronics India, has done an internal restructuring of the whole organization, by bringing separate home appliances wings under a single vertical. The company has combined three classes of products microwave, washing machine and vacuum cleaners...
Retail

Birla to enter retail: Acquires Trinethra

Indiaretailing Bureau -
In a bid to enter the retail industry the AV Birla group is about to acquire the Hyderabad-based supermarket chain Trinethra Super Retail, including its online shopping outfit, Fabmall. The Trinethra group has about 172 outlets 83 in Andhra Pradesh,...
Retail

Biyani may sell Planet Retail stake

Indiaretailing Bureau -
Kishore Biyani, of the Future group is expected to sell a part of his 49 per cent stake in Planet Retail Holdings (PRHL) back to its Indonesian promoter. These reports have been denied by Mr. Biyani, but sources close...
Retail

Reliance starts buying Adani

Indiaretailing Bureau -
Reliance Industries has begun buying the Adani groups’ retail venture. Both the players are tight-lipped about the deal, but sources in the know have said that the deal is in the tune of Rs 200 crore. The Adani group has...
Retail

Rs 15 bn to be raised by Omaxe IPO

Indiaretailing Bureau -
On of the biggest real estate firm Omaxe Ltd has filed a red herring prospectus with the regulator for an initial public offering. Sources close to the banker involved in the deal said that this IPO could raise money...
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Bakery chain Monginis to harness the power of ONDC with the help of nStore

With the help of the retail management platform nStore, Monginis will be able to leverage its omnichannel capabilities through...

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