retail
Retail
LEISURE RETAIL TOUCHES 13300 CRORE BUT REMAINS LARGELY UNORGANISED
The total books, music and gift retail industry in India is currently estimated at Rs.11,500 crore (Rs.13,300 crore at current prices), out of which the share of organised books, music and gift retail is 12.6 per cent, says the...
Retail
Nike plans to increase retail outlets
The Indian sportswear market is growing at a rate of over 30 per cent and is said to be around Rs 1,500 crore. Keeping this under consideration the sports footwear and apparel giant Nike has planned to expand its...
Retail
Cencosud hires new boss for its supermarket
Cencosud, Chilean retailer has hired Thomas Keller as a chief executive of its Jumbo hypermarket and Santa Isabel supermarket chains. Mr. Keller is expected to join Cencosud sometime next month. Presently Mr. Keller is the head of the Collahuasi...
Retail
Fairprice hypermarkets a big hit
FairPrice Xtra hypermarket has become a hit in Singapore. The stores which opened almost two weeks back have attracted over 250, 000 customers so far. Sources close to the company have confirmed that they did not expect such response.The...
Retail
Evoke Ventures in India
Evoke Ventures, an international retail initiative of the Chennai-based GKK-Taurus Group, has marked its entry in the Indian retail market with its first exclusive retail outlet at Park Sheraton in Chennai. On shelves will be the Rs 200-crore company's...
Retail
The Gurus and the Gods – Brands and Retailers – Partners or Adversaries
The Gurus and the GodsBrands and Retailers – Partners or AdversariesBy Rajeev KarwalThe Consumer Durables industry, as I define it is inclusive of consumer electronics, entertainment electronics, home appliances-large and small, photographic equipment, IT products, telecom, gaming equipment and...
Retail
AEON Profit Rises By 19 per cent
Recent acquisitions has helped AEON with a 19 per cent rise in its nine month operating profit to JPY106.5 billion ($907.7 million) for the period ended Nov. 20th 2006.However, its nine- month same- store sales fell short by one...
Retail
TESCO banned from buying Carrefour assets by Slovakia government
According to a new development, Tesco will not be able to buy the Carrefour assets in Czech Republic. In an official statement, the Slovakian Antimonopoly Office has said that it has banned Tesco from buying Carrefour hypermarkets in the...
Retail
Landmark exits Emami JV
Retail outfit Landmark, is said to have sold to its joint venture partner its 50 per cent stake in the Emami Landmark Store Private Ltd. This is after the acquisition of stakes in Landmark by Trent in 2006.Sources in...
Retail
Reliance starts buying Adani
Reliance Industries has begun buying the Adani groups’ retail venture. Both the players are tight-lipped about the deal, but sources in the know have said that the deal is in the tune of Rs 200 crore.The Adani group has...
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Bhima Jewellers: Shining Bright Since 1925
From Augmented Reality and virtual try-ons, 99-year-old Kerala-based Bhima Jewellers has moulded itself to stay relevant to today’s digital-savvy...
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