Indiaretailing Bureau
Retail
Essar Group to enter mobile retail
Essar Group is planning to invest over Rs 1,325 crore ($250-300 million) to roll out a network of retail showrooms across India.The company will...
Retail
Indo Rama rolls out retail plans in Punjab
Indo Rama Retail Holdings Private Ltd, the retail arm of Indo Rama Synthetics, inaugurated its first franchisee Office 1 Superstore in Chandigarh. The company...
Retail
India stars prominently in LVMH expansion plans
Moet Hennessy Louis Vuitton (LVMH), with a portfolio of such luxury brands as Fendi, Christian Dior, TAG Heuer and Dom Perignon, has identified India...
Retail
Home Depot announces new president for China
The world's largest home improvement retailer, Home Depot, has appointed Yves Chen as president of its retail operations in China. Mr. Chen will report...
Retail
Nambiars renounce 6per cent in BPL for Rs 30 crore
The Nambiars have sold 6.3-per-cent stake in flagship group company BPL for about Rs 25-30 crore. The promoters held 72.6 per cent stake at...
Retail
Citi Property to invest $120 million in luxury hotels
The New York-based Citigroup Property Investors (CPI) will invest up to $120 million in Bangalore-based Nitesh Estates’ luxury hotels.CPI, which is among the biggest...
Retail
Norwegian firm Orkla acquires India’s MTR Foods
Norwegian food-to-metals group Orkla has bought India’s MTR Foods, but it did not disclose the acquisition price. It is reported, however, that the transaction...
Retail
Sports World to float at 2 billion pounds
Sports World is to float on the London Stock Exchange in a deal expected to value the company at around £2 billion. With a...
Retail
3 more Reliance Fresh stores in Vizag
Reliance Retail launched three new pilot stores in Visakhapatnam. This has taken the tally of Reliance ‘Fresh’ stores to 31 in the state of...
Retail
Fight for Duty-free shops at Mumbai Intl Airport intensifies
The fight for Mumbai International Airport’s duty-free shop is about to enter the second round. The tenders for the duty-free shops are about to...
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Zepto achieves 120% revenue growth in FY24, reports strong financial performance
Zepto reduced its absolute losses, with PAT as a percentage of revenue improving significantly from -63% in FY23 to...
