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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...

Hypercity Retail hopes to break even next fiscal

Hypercity Retail, which began operations in 2006, expects to break even by financial year 2012-13 as the retailer looks to resize its stores to reduce operational costs and increase share of private labels for higher margins. Mark Ashman, CEO,...

MARG Junction signs key anchors, set for 2012 opening

MARG Junction Mall, Chennai has announced that it has inked deals with three mega retailers – PVR Cinemas, Shoppers Stop and HyperCity – as key anchors. The upcoming mall, promoted by MARG, an infrastructure, real estate development and services...

HyperCity to add 2.5 lakh sq.ft of retail space

K Raheja-promoted hypermarket chain HyperCity plans to add 250,000 sq.ft of retail space within the next few months.In an exclusive interaction with IndiaRetailing, Mark Ashman, CEO, HyperCity, said, “We will open a 70,000 sq.ft store in Ludhiana in March...

HyperCity forays into Bhopal

Hypermarket chain HyperCity has announced the launch of its first outlet in Madhya Pradesh. Located at DB City in Bhopal, the hypermarket is spread over an area of 60,000 sq.ft. It offers a wide range of products across various...

HyperCity Retail appoints Mark Ashman as CEO

HyperCity Retail (India) Ltd, one of the leading retailers in India, has appointed Mark Ashman as CEO. He has replaced Andrew Levermore.BS Nagesh, vice chairman of HyperCity Retail (India) Ltd, said, “Mark Ashman's vast retail experience and understanding of...

Marks & Spencer on markdown drive

In an attempt to shrug off its ‘unaffordable tag’ among Indian consumers, UK-based retailer Marks & Spencer is consciously marking down prices.“We want Indian customers to walk in and be surprised at our range and pricing,” Mr Mark Ashman,...

Hyderabad: The Pearl City of India

Its globally renowned name ‘The Pearl City of India’ makes Hyderabad a true shopping hub. And the delectable variety of cuisines it has to offer makes this city a must-visit destination for visitors, especially for foreigners. So, utilising the...

Marks & Spencer Reliance opens flagship store in Mumbai

Marks & Spencer Reliance India, a joint venture between UK’s leading retailer Marks & Spencer and Reliance Retail, a subsidiary of Reliance Industries, has launched its biggest flagship store at the R-City Mall in Mumbai.Spread over 15,000 square feet...

Marks & Spencer drops prices to boost sales

Marks & Spencer Reliance India (MSRI) has lowered the prices of its cheapest products by 20 per cent by stepping up its sourcing from Indian manufacturers, in a bid to retain customers who are moving away to competitive products.A...
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Global IT Outage: Various Indian retailers also hit with glitches

While some companies did face disruptions, others have denied any major hindrances in their operations.New Delhi: From disruptions at...
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