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Best Buy to downsize brick-and-mortar footprint

Indiaretailing Bureau -
Amid weak sales and growing online competition, Best Buy plans to sublease space at its stores to smaller retailers, joining the ranks of big-box giants that are shrinking store sizes. When it comes to retailing, big is not so beautiful...
Retail

Retailwire: Study Predicts Major Share Gain for Store Brands

Indiaretailing Bureau -
Retailwire: Study Predicts Major Share Gain for Store BrandsBy Ronald Margulis, Managing Director, RAM Communications A McKinsey & Co. study presented at the Private Label Manufacturers Association (PLMA) Annual Conference in Chicago revealed that $55 billion in annual...
Retail

Kanpur’s 2nd Big Bazaar store opens

Indiaretailing Bureau -
Big Bazaar, the hyper market format store of Kishore Biyani-led Future Group, has opened a new outlet in Kanpur, Uttar Pradesh. Spread over 38,405 square feet area, the newly launched Big Bazaar store located at South X Mall in...
Retail

Home Depot’s profits almost halve

Indiaretailing Bureau -
US-based leading home improvement retailer, Home Depot, revealed that consolidated profit of the company plunged by nearly 50 per cent last year as it suffered amid the US housing slump, reports Retail Week. According to the report, consolidated net earnings...
Retail

BIGFlix.com ties-up with Future Group

Indiaretailing Bureau -
BIGFlix.com, the movie rental service belonging to Reliance BIG Entertainment has announced its partnership with the Kishore Biyani-led Future Group for movie rental. The association of the Groups will entail marketing promotions and schemes to all customers of Big...
Retail

MCC awarded at India Retail Forum

Indiaretailing Bureau -
Manipal Cure and Care (MCC) has won the prestigious award for the 'Most Admired Retailer of the Year-Innovative Retail Concept, 2008' at India Retail Forum (IRF) for its contribution in providing innovative solution for qualitative monitoring of healthcare and...
Retail

Big Bazaar offers insurance to lure consumers

Indiaretailing Bureau -
Innovation is the name of the game, as far as luring the consumer to retail stores is concerned. Taking a lead is Big Bazaar, which is offering life insurance cover of Rs 15,000 to all its customers, shopping at...
Retail

DePOT from Pantaloons targeting school kids

Indiaretailing Bureau -
In an effort to create better brand image, DePOT, the books, music, gifts and stationery retail format of Pantaloon Retail India Limited, is targeting school kids and will do libraries of schools in Kolkata. The company is also trying to...
Retail

Depot to double turnover

Indiaretailing Bureau -
Pantaloon Retail (India) Ltd has planned to double the turnover of Depot, its gifts, stationery, music and books retail business, in the current fiscal. Depot has a turnover of over Rs 50 crore in the first year of its...
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E-CommerceIndiaretailing Bureau -

ONDC announces Build for Bharat initiative 

The initiative intends to tap into India’s technological and entrepreneurial potential with an expected participation of over 2,00,000 participants...
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