Indiaretailing Bureau

Retail

Farmers to push the retail boom

Indiaretailing Bureau -
Retail boom in India gets optimistic response from rural India, as many state governments have allowed retailers to purchase produce directly from farmers. Experts believe that this will give a new thrust to the agricultural industry. Farmers are taking...
Retail

Indian Terrains new brand for Reliance Retail stores Apparel

Indiaretailing Bureau -
Reliance Retail tied-up with a menswear brand, Indian Terrain, to create an exclusive brand for their retail stores. The new brand will be called Spirit and will be available only at Reliance Retail outlets. Indian Terrain is a Rs....
Retail

New Landmark store in Pune

Indiaretailing Bureau -
Tata's retail arm Trent is all set to open its book and music chain store, Landmark, in Pune. The company already has stores in Chennai, Bangalore, Kolkata, Mumbai, Vadodra and Gurgaon. CEO Landmark, Ms Hemu Ramaiah feels that the...
Retail

Citu in talks with US labour group AFL

Indiaretailing Bureau -
Citu, the trade union arm of the CPM, is apparently holding talks with the American Federation of Labour (AFL) to collaborate and tie up with their counterparts. Incidentally, Citu has asked for AFL's cooperation in organizing and implementing a...
Retail

Bharti -Wal-Mart JV under PMO scrutiny

Indiaretailing Bureau -
The Prime Minister's Office (PMO) will now look into the Bharti-Wal-Mart deal, as a response to the concerns raised by the Left parties, soon after the deal was announced. The Commerce Ministry will prepare a detailed note, followed by...
Retail

HyperCITY plans 20 stores by 2009

Indiaretailing Bureau -
K Raheja Group's hypermarket chain HyperCITY, is on a major expansion spree. The company is gearing up to invest about Rs.3 billion, to open 20 HyperCITY outlets by early 2009. Currently, there is only one HyperCITY outlet in the...
Retail

Consumer on a spending spree

Indiaretailing Bureau -
Average consumer spending in India increased by about 42 per cent, primarily due to increase in the disposable income. Adding an impetus to this upward trend, is the rapid shift of the Indian retail industry from an unorganized structure...
Retail

Reliance buys Adani Retail

Indiaretailing Bureau -
Gujarat based Adani Group sold its retail wing, Adani Retail to Reliance Retail for Rs.1-Rs1.10 billion. This is the first major acquisition in the domestic market by Reliance Retail. Through the acquisition, Reliance gets access to 54 stores in...
Retail

Lotte Mart likely to enter Indian market

Indiaretailing Bureau -
Lotte Mart set up an office in Delhi to study the domestic market, which suggests their interest in entering the Indian retail market. It is also on look out for Indian franchise partner to establish its discount stores. The...
Retail

India to be largest retail industry

Indiaretailing Bureau -
Confederation of Indian Industry (CII) organized an international conference on `Private Labeling in Food - Gaining Shelf Space and Market Space' with Tech 2006 in Chandigarh. Experts participating in the conference unanimously agreed that the Indian retail industry is...
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Food & GroceryPTI -

Patanjali Foods promoters to dilute 6% share to meet minimum shareholding norms

At present the public shareholding in Patanjali Foods Ltd. stands at 19.18%, which needs to be increased to a...

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