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DLF Brands appoints Real Estate IQ to clinch real-estate deals

DLF Brands has signed a memorandum of understanding with the Delhi-based retail real-estate advisory firm Real Estate IQ under which the latter has been authorized to represent DLF Brands to secure various properties and related commercial deals in furtherance...

Mothercare hamstrung by weak UK sales

Mother and baby products firm Mothercare posted weak quarterly sales at it main British market, taking the shine off stellar sales growth overseas. The firm, which has issued two profit warnings this year and in May detailed plans to...

Shoppers Stop to open 24 stores in India by FY14

Buoyed by rapid growth in the retail industry, K Raheja Group-owned Shoppers Stop plans to open 24 stores in the country by FY14, a senior company official said."We plan to open 24 new stores in the next three years....

Shopping festival at DLF Promenade, Delhi

In order to make shopping fun and offer great deals to guests, the DLF Promenade mall in Delhi has begun a shopping festival. As part of the month-long fiesta – from July 15 to August 15 – most retailers...

Shoppers Stop Andheri relaunched in new avatar

Almost two decades after Shopper's Stop Ltd launched its maiden store in Andheri (Mumbai), the store has been relaunched in a new avatar. The 66,000 sq.ft revamped store has an additional area of 10,000 sq.ft and has upgraded store...

Shopper’s Stop opens Mothercare store at Andheri

Shopper's Stop Ltd has opened its 'Mothercare' store at Shoppers Stop Andheri, Mumbai. With the opening of this store, the company now has 26 'Mothercare' stores – eight standalone stores and 18 shop-in-shops.The company has also informed that a...

Shoppers Stop opens third store in Bengaluru

Shoppers Stop has opened its store in Mantri Square mall at Bengaluru. It is the third store of Shoppers Stop in the silicon city, which is spread over an area of 42,698 square feet.Further, the company has also revealed...

SS registers jump of 194 per cent in net profit

Shopper’s Stop Ltd, India’s prominent retail group (operator of large format department stores, home stores, specialty stores such as Crossword, Mothercare, MAC, and hypermarkets) has reported gross retail turnover of Rs.42,740 lakhs for the quarter ended December 31st 2009...

Mothercare to extend Indian stores network

Mothercare has signed a second joint venture in India, with DLF Brands, the retail division of a local property giant, to accelerate its expansion there.The nursery specialist, which has 23 shops in India, has increased its target store count...

Mothercare’s potential tie up with Tatas is a speculation

The recent media reports about the UK retail brand – Mothercare – being in talks with Tatas for a potential tie up, may just be a speculation.On being inquired about any such development, in an exclusive interview, Smeeta Neogi,...
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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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