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Metro plans to open 20 stores in Ukraine, investing $125 million

Indiaretailing Bureau -
Metro AG, Germany's largest retailer, will invest 1 billion hryvnia ($125 million) to open about 20 new Ukrainian stores by 2013 as the economy rebounds for a second year after the deepest recession since 1994. “With its huge population...
Retail

Metro Cash & Carry debuts in Mumbai

Indiaretailing Bureau -
Metro Cash & Carry, the international leader in self-service wholesale, has expanded its presence in India with its first store in Mumbai. Located at Neptune’s Magnet Mall in Bhandup, the new outlet – Metro Cash & Carry's fourth in...
Retail

Tesco’s retail store plan hits snag

Indiaretailing Bureau -
The plans of the world's third largest retailer, the £60-billion Tesco Plc, to set up its first cash-and-carry format store in India have hit a roadblock with the Karnataka Government refusing to issue the company licence for sale in...
Retail

Easyday Market enters NCR

Indiaretailing Bureau -
Bharti Retail, a wholly owned subsidiary of Bharti Enterprises, today launched its first compact hypermarket store ‘Easyday Market’ at Mahgun Metro Mall, Vaishali, Ghaziabad. The store is spread over an area of 50,000 square feet and offers over 12,500...
Retail

Metro to roll out ‘Chef-o-logy’ services at culinary congress

Indiaretailing Bureau -
Metro Cash & Carry, the sales division of the € 33.1 billion Metro Group, has partnered with the Indian Federation of Culinary Association to host the fourth National Culinary Congress in Hyderabad during November 14-16. Coinciding with the Congress,...
Retail

Shoppers Stop to raise funds

Indiaretailing Bureau -
Department store Shoppers Stop is planning to raise funds to acquire 32% in group firm and hypermarket chain Hypercity, a top official said. The company is looking at generating Rs 1 billion to Rs 1.2 billion rupees (USD 21.6...
Retail

METRO launches H-LINE professional uniforms for hotels and restaurants

Indiaretailing Bureau -
METRO Cash & Carry India, one of the international leaders in self-service wholesale, has launched a range of professional uniforms for hotels, restaurants and caterers under its own brand H-LINE. The range covers 15 different types of products including...
Retail

Puma looks beyond sports

Indiaretailing Bureau -
Shoes and sportswear maker Puma Sports India Pvt Ltd, a subsidiary of Puma AG Rudolf Dassler Sport, is moving from being just a sports and accessories brand to a complete lifestyle brand. The company has entered into an exclusive...
Retail

Metro and Checkpoint to come together for RFID pilots

Indiaretailing Bureau -
Checkpoint Systems, a multinational manufacturer and marketer of technology-driven integrated solutions provider including RFID based solutions for merchandise identification, tracking and security joins hands with Metro Cash & Carry India to further expand the latter’s ‘Tag It Easy!’- RFID...
Retail

Reliance Retail expecting to break even by September

Indiaretailing Bureau -
Reliance retail, reportedly, is expecting to break even at the store level in all cities, except Mumbai, this September. “We will be able to generate cash at our stores by September, except in Mumbai, where real estate cost for...
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In FocusDisha Shah -

Why consumers continue to adhere to traditional preferences in jewellery buying

While modern styles and sustainable options like lab-grown diamonds are rising, many consumers still prefer traditional jewellery The Indian Jewellery...
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