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Retail

Pantaloon Retail arm close to equity deal with Carrefour

Indiaretailing Bureau -
Pantaloon Retail, the country’s largest retailer, is close to sealing an equity partnership deal between one of its subsidiaries and French retail giant Carrefour. Under the deal, being given finishing touches, Carrefour is expected to take an equity stake in...
Retail

Metro C & C India launches new beer brand

Indiaretailing Bureau -
Metro Cash & Carry India, part of German wholesale major Metro Cash & Carry, has added a new beer brand ‘Felsgold Beer’ to its existing product portfolio. The range is available exclusively at Metro Cash & Carry wholesale centers...
Retail

Fastrack opens EBO in Pune

Indiaretailing Bureau -
Fastrack, a popular timewear and eyewear brand from the house of Titan, has opened its exclusive outlet in Pune. The newly launched store at FC Road in Pune retails all products under its portfolio, according to a company press...
Retail

Metro C&C opens in Kolkata; to enter Punjab as well

Indiaretailing Bureau -
Metro Cash & Carry, Indian arm of German-based Metro AG, has opened its first Kolkata outlet, carrying the total to five in the country. The company runs two stores of the format in Bengaluru and one each in Mumbai...
Retail

Bengal renews APMC licence of Metro C&C

Indiaretailing Bureau -
The mud-slinging match between the constituents of ruling government in West Bengal over renewal of Metro Cash and Carry’s Agricultural Produce Marketing Committee (APMC) licence culminates. The Indian arm of German wholesaler Metro AG has been granted APMC licence...
Retail

Gateway Mall seeks single, big-box tenant

Indiaretailing Bureau -
Ghaziabad-based SVP Group, developer of the 500,000-square feet Gateway Mall in Ghaziabad, is in talks with Metro AG and Bharti Retail to lease out this property to a single tenant, a wholesale cash-and-carry format. Speaking to Indiaretailing, a source close...
Retail

Videocon to consolidate retail business — forms Videocon Retail

Indiaretailing Bureau -
Videocon Industries is entering the grocery and lifestyle retailing market through cash-and-carry format, and is planning to have all its retail formats under an umbrella brand called Videocon Retail, by mid-2008. The company’s retail brands include Next Retail, the recently-acquired...
Retail

Chinese and Russian retailers in the world’s largest retailers list

Indiaretailing Bureau -
Chinese and Russian retailers have, for the first time, figured in the list of the world's 250 largest retailers, says 2008 Global Powers of Retail,a report from Deloitte Touche Tohmatsu, in conjunction with STORES magazine. The report said six retailers...
Retail

Metro grows by 6 per cent

Indiaretailing Bureau -
German retail giant Metro Cash & Carry witnessed over six per cent growth in its India operations. The company’s sales rose over seven per cent last year largely due to continuing international growth, clocking revenue of US$96.7 billion, a rise...
Retail

Need for change in mindset towards retail — asserts head of supply chain at Metro

Indiaretailing Bureau -
With Indian retail expected to grow by 9.5 per cent annually and organised retail getting a five per cent share of the market, it becomes imperative that a change is heralded in the mindset of the people towards this...
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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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