Soumitra Ghatak
Retail
Slowdown-hit DollarStore shuts 41 stores
US-based deep discount retailer MyDollarStore Inc., founded by an American of Indian origin, is the latest casualty of the economic slowdown in India that has forced organized retailers to apply the brakes on ambitious expansion plans.The chain, which entered...
Retail
Imported Bazaars from Future
Kishore Biyani-led Future Group, in association with Mumbai-based Sankalp Retail Value Stores, has rolled out a new shop-in-shop format called Imported Bazaar in Hyderabad. Sankalp Retail Value Stores is the master franchisee of Dollar International in India.Announcing the launch,...
Retail
Multiple pricing format from My Dollar Store
My Dollar Store, the uniform price value store from the United States, is planning to expand operations in India as it plans to float a chain of stores having multiple pricing."We are planning to launch our operations from February...
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Latest News
Expect demand moderation to continue; small packs selling more, price hikes likely: HUL
While premiumisation is continuing, he said, "There is a preference for smaller packs across categories and that has become...
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