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Retail

French stationery major buys 40 pc in Cello for Rs 8 bn

Indiaretailing Bureau -
French pen and stationery manufacturer BIC has picked up a 40 per cent stake in Mumbai-based stationery products maker Cello Pens. The deal, worth Rs 8 billion, also allows the former to increase its stake to 55 per cent...
Consumer Durables & IT

Croma Zip arrives south Mumbai, 32 more stores by March’09

Indiaretailing Bureau -
Making best use of the available retail space, Croma has introduced its second Croma Zip – India’s ‘Small big electronics store’. The first Croma Zip store was launched at the Mumbai domestic airport and the second store opened its...
Retail

Mobile retailing, a low margin biz: CEO, MobileStore

Indiaretailing Bureau -
India may have been adding 8 to 10 million of new mobile users every month but when it comes to business, mobile retail remains a low margin business, according to Rajiv Agarwal, CEO and director, The MobileStore. “Being a...
Retail

C&W and Technopak enter into strategic alliance

Indiaretailing Bureau -
Moving further to help retail fraternity, India’s two leading firms Cushman & Wakefield and Technopak have entered into a strategic alliance to work on a single unified platform for end-to-end retail services, according to a C&W press release. Sanjay Verma,...
Retail

6Ten retail to open 3,500 stores by 2011

Indiaretailing Bureau -
India’ leading basmati rice processing company REI Agro's retail venture 6Ten has planned to invest Rs 15 billion to open 3, 500 stores in next three years across the country, said a top company official. Speaking to media, Danish Beg,...
Retail

Dabur India acquires 72.15 of Fem Care

Indiaretailing Bureau -
Dabur India, India’s leading FMCG company, has announced 72.15 per cent acquision of Fem Care pharma, a leading player in women skincare products market. “Acquisition of Fem Care pharma is in line with our strategy to aggressively expand Dabur’s scale...
Retail

TMaG opens first India store

Indiaretailing Bureau -
TaylorMade-adidas Golf (TMaG), a wholly owned subsidiary of adidas Group involved in manufacturing and retailing golfing equipments worldwide, has opened its first flagship store in Delhi’s Select Citywalk mall in India. Spread across over 1,600 square feet of retail space,...
Retail

‘Cowboy attitude is not going to work in retail’: CEO, Tommy Hilfiger

Indiaretailing Bureau -
The cowboy attitude resorted to by some retailers in the year gone by, may not be the best strategy to adopt in present times. 'Cowboy attitude' here signifies the agressive and sometimes mindless acquisition of space; the ‘go and...
Retail

SatNav Technologies makes aggressive retail foray

Indiaretailing Bureau -
SatNav Technologies, India’s global positioning system (GPS) pioneer, has tied up with major consumer electronics retail giants including Tata’s Croma, Reliance AutoZone, Future Group’s E-zone and Staples. The tie up will make SatNav’s products available to customers in more...
Retail

Airtel makes television debut with Airtel digital TV

Indiaretailing Bureau -
India’s direct to home (DTH) market witnesses one more player. This time its telecom giant Bharti Airtel. The company has announced the launch of Airtel digital TV, its DTH satellite TV service. After, Tata Sky, Dish TV and Big TV,...
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Food & BeveragePTI -

Jubilant to acquire additional 51% stake in Domino’s Turkey, Azerbaijan franchisee

Jubilant Foodworks Netherlands holds 48.84 per cent ordinary shares of DP Eurasia which is the largest pizza delivery company...
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