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Megamart

Arvind plans major expansions

Arvind Brands and Retail, the retail division of Arvind Mills Ltd, has planned to invest around Rs 60 crore to expand its existing formats including Megamart and Megamart Outlet Centre.Announcing this, J Suresh, CEO, Arvind, said: “The number of...

Vishal to partner kiranas

Vishal Retail has devised a new branding strategy that will not only publicise the ‘Vishal’ brand, but will also strengthen kiranas to compete corporates in the business of retail.The company will partner local kirana and allow them to use...

More of Arvind for small cities

Textile majors Arvind Mills is planning to open 30 large-format and 200 small-format Megamart stores across 100 tier II and III cities in the country.“We are planning to invest Rs 300 crore for expansions,” Sanjay Lalbhai, managing director, Arvind...

Megamart to retail footwear and lifestyle electronics

Megamart, the large-format retail chain of Arvind Brands, is widening its products portfolio by adding footwear, watches, lifestyle electronics and luggage.“We are planning to start a shop- in- shop format by March, and are in talks with leading brands...

Megamart plans mega store in Chennai

Megamart, the discount retail format from the Arvind Brands stable, is geared to open its first mega store of 40,000 square feet in Chennai.“The Chennai store will be operational in two-three months’ time. Megamart intends to open two-three large-format...

Arvind Mills brings Cherokee and US Polo brands — set to launch Izod

Arvind Mills Ltd has entered into an international license agreement with the US fashion brand Cherokee for India operations. The company is also set to launch a US-based brand named Izod.“Arvind Mills has signed a multi-year pact with the...

Arvind Mills aims for billion dollar by 2012

Leading textile manufacturer Arvind Mills intends stepping up its retail plans across the country to achieve a sales turnover of a billion dollars by 2012.The company intends to achieve the target by expanding its value retail chain‘Megamart’.It also has...

Quick-service restaurants from Vishal

From a megamarts chain to restaurants, and to spas and amusement parks, Vishal Retail is eyeing all business opportunities in the business of retail.Following the McDonald's concept, the company is planning to open 10,000 quick-service restaurants across the globe.Also...

Arvind Mills net profit at Rs 6 crore — sales at Rs 510 crore

Announcing the financial results for the quarter ended June 30, 2007, Arvind Mills have posted sales increase by 21 per cent at Rs 510 crore, as against Rs 421 crore in the corresponding quarter last financial year. Profit before...
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