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K Raheja Group

Future Retail Q4 loss at Rs 464 crore

Future Retail has reported a net loss of Rs 463.62 crore for the quarter ended March 31, 2018.According to a PTI report: The company had posted a net profit of Rs 123.05 crore in the same period a year...

Shoppers Stop aims 10 pc sales from its Omnichannel in next 3 yrs

Shoppers Stop is aiming to corner 10 percent of its sales from online channel in the next three years as K Raheja group retail chain is betting big on its Omnichannel system.According to a PTI report: Shoppers Stop, in...

Future Retail executes SPA for Hypercity Retail acquisition

Future Retail said it has executed share purchase agreement (SPA) with Shoppers Stop for its Rs 655 crore acquisition of Hypercity Retail in stock-and-cash deal. According to a PTI report: Last week, Kishore Biyani-led Future Retail Ltd (FRL) had announced...

West India ‘retail real estate’

The region including six states and 2 Union Territories is the home to 70 operational shopping malls with total mall area (BUA) of 47 million sq ft. By the end of 2016 there should be another 17 malls operational...

Virtuous Retail Appoints S Raghunandan as the CEO

The Xander backed, Singapore headquartered,Virtuous Retail has announced the appointment of S Raghunandan as the Chief Executive Officer of its Indian subsidiary, Virtuous Retail Services. Raghunandan, with over 30 years of experience, was last associated with the Prestige Group...

Vivacity Mall initiates fit-outs with Shoppers Stop

Vivacity Mall, Thane, a wholly owned subsidiary of Sheth Developers & Realtors, has commenced its fit-outs with Shopper Stop – a retail arm of the K Raheja Group. The store is spread over 65,000 sq.ft. across the ground floor...

Raheja group may exit Crossword

Eleven years after buying Crossword Bookstores, the K Raheja Group — the promoter of Shoppers Stop — is reviewing the future of the book retailing chain.According to three people in the know, it is exploring various options, including alliances...

Hypercity to downsize stores, increase private labels

With the aim to break even in the next two years, K Raheja Group-promoted hypermarket chain Hypercity, which recently opened a store in Bangalore, is planning to downsize a few stores and increase the share of its private labels...

HyperCity expands in Bangalore

K Raheja Group-promoted hypermarket chain HyperCity has expanded its presence in Bangalore by opening its second outlet in the city. Located at Royal Meenakshi Mall on Bannerghatta Road, the new store is spread across 60,000 sq.ft and offers over...

Shopper’s Stop Ltd Q3 net up 45 per cent at Rs.27.9 crore

K Raheja Group-promoted Shopper's Stop Ltd (SSL), which operates large-format stores, speciality stores and hypermarkets, has reported a net profit of Rs.27.9 crore for the third quarter ended December 31, 2010, up 45 per cent from Rs.19.2 crore in...
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Malls in Bengaluru: A look at popular retail desitnations

A look at some of the popular retail real estate destinations in BengaluruNew Delhi: As Bengaluru continues to evolve...
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