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Indiaretailing Bureau

Promoters to have majority stake in ABNL

In an effort to generate over Rs 4,000 crore in the next 18 months, board of directors of Aditya Birla Nuvo Limited (ABNL), the...

West Bengal CM to allow corporates in agri-retail

Undeterred by opposition from within his party and allies, West Bengal Chief Minister Buddhadeb Bhattacharjee, for betterment of farm-to-retail segment, has invited foreign players...

Trent-Infiniti JV claimed to be speculative

Trent, one of the retail arms of Tata group, has refuted reports that it was entering into an alliance with its counterpart Infiniti, belonging...

M&S sales fall

Leading UK retailer Marks & Spencer (M&S) revealed its first fall in sales in two-and-a-half years and warned that trading could remain difficult into...

Lifestyle malls in tier II cities from c21 on the anvil

Century 21, or c21, which is primarily in the business of building retail space in the country, has planned to come up with lifestyle...

Retail loan defaulters to grow by 2009: CRISIL

The next time you swipe your credit card to pay your bills in a retail outlet, make sure you pay back the money to...

Megamart to retail footwear and lifestyle electronics

Megamart, the large-format retail chain of Arvind Brands, is widening its products portfolio by adding footwear, watches, lifestyle electronics and luggage.“We are planning to...

Small-format mobile shops from Essar

Essar Telecom Retail that runs The MobileStore, a chain of mobile phone outlets, is planning to open small-format shops. The company is expected to...

Gitanjali Gems acquires Nakshatra Diamonds

Gitanjali Gems Ltd, one of the biggest retailers of branded diamond and gold jewellery, has completed acquisition of Nakshatra Diamonds – a brand previously...

Corporate sector finds an ally in Jyoti Basu

Year 2008 appears to have taken off on a good note for the retail sector as business found a strong supporter in veteran CPM...

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