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Why supermarkets are on a shopping spree

The recent acquisition of the Hypercity brand by Kishore Biyani’s Future Group is one of the many instances highlighting a key ongoing trend in the retail industry - cross-category consolidation. Retailers are increasingly exiting businesses that drag down their...

Shoppers Stop may sell Hypercity to Future Retail for Rs 700 crore

Raheja Group’s multi-brand fashion retailer Shoppers Stop Ltd on Saturday announced selling 5 per cent of its equity share (43.96 lakh shares) of Rs 5 face value to e-tail giant Amazon.com at Rs 407.78 per share, aggregating to Rs...

Future Group acquires retail group chain Sangam Direct

Retail honcho, Kishore Biyani's Future Group has acquired retail group chain Sangam Direct  from Wadhawan Holding, a company owned by the promoters of Dewan Housing Finance Corp Ltd. To consolidate its position as the country's largest producer, Future Group is...

Prime Minister Narendra Modi Inaugurates India Food Park, Tumkur, Karnataka

Future Consumer Enterprises Limited today launched the India Food Park , a 110 acre world class facility in Tumkur, Karnataka that integrates the entire food value chain from farm to plate at a single location with the best infrastructure...

Retailers to Watch

From reinforcing the back-end, introducing new formats, expanding the product portfolio, innovative marketing, store makeovers, and technology upgradation, to maximising shopper experience with customer-friendly planogramming, high fill rate and high merchandising mix, night time replenishment to prevent stock-out, product...

Phoenix Mills to fly on rising lifestyle spend

The organised retail in India is witnessing substantial action on back of changing lifestyles and higher discretionary spending by people. Phoenix Mills, a well known real estate company in Mumbai, would benefit from its new retail projects getting operational...

Fashion capital list expands across

New York (NY) has reclaimed the title of the world`s top fashion capital from Milan but the annual poll suggested the top five fashion cities are seeing competition from Asia and Australia. NY held the crown of the top...

Vikram Thaploo joins Apollo Hospitals Group

Vikram Thaploo, with a retail experience of over a decade, has joined Apollo Hospitals Group as chief executive officer of Apollo Tele Health Services. Earlier, he was director at Steeplejack Projects.His role in the new assignment will be to head...

EWDPL offers retail space on revenue sharing basis

Entertainment World Developers Pvt. Ltd. (EWDPL), the real estate developer, has said it will offer 1 million square feet of space in its 20 malls to manufacturers, regional brands and exporters to sell their products on a rent-free, revenue...

EWDPL to offer more retail space to emerging brands

Real estate player Entertainment World Developers Pvt Ltd (EWDPL) on Thursday said it will offer 10 lakh square feet of retail space to 20 malls across India under rent-free revenue sharing agreement to 'emerging brands'. The company hopes...
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Latest News

Palette Brands raises close to $2 million in pre-series A funding round

The funds will be allocated to launching its new cookware brand Ember, research and development and expanding the team Bengaluru: Consumer...
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