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Nature’s Basket spins off from Godrej

Nature’s Basket, a retail initiative of consumer goods manufacturer Godrej for selling vegetables, fruits and herbs, has become a separate entity, reports The Economic Times.“We see the Godrej brand and Nature’s Basket doing a two-way equity transfer. We have...

Subhiksha stores vandalised

Hundreds of Subhiksha stores were looted or vandalised after the Chennai-based India's leading discount retailer Subhiksha Trading Services failed to pay security agents and staff because of liquidity problems, the Financial Times reported.About 600 of Subhiksha’s food stores and...

Subhiksha consumer durable retail stores soon

Chennai-based supermarket chain Subhiksha will ‘soon’ hit the roll out its consumer durable retail stores across the country, said a top company official.The proposed stores will sell products including laptops, printers, computers and mobiles.However, the official refused to provide...

Bombay HC sets aside FDA orders against Subhiksha

Retail-company Subhiksha has said that a bench of the Bombay high court set aside all the orders of the Maharashtra Food and Drug Administration (FDA) regarding the company’s warehouse at Bhiwandi and three of its vendors located there.In August...

Kolkata to get Subhiksha store

Chennai-based India's leading retail chain Subhiksha is all set to introduce itself to the eastern part of India by deciding to launch its Kolkata store by December 2008.Interestingly, the company, which has a strong hold in almost all parts...

The MobileStore honoured at IRF 2008

The MobileStore was conferred with the "Most Admired Retailer of the Year - Mobile and Telecom" award, at the recently concluded Images Retail Awards 2008, held in Mumbai.The award recognised and honoured the strides made by The Mobile Store...

Future eyes Rs 12,000 cr from private labels

Kishore Biyani-led Future Group is eyeing around Rs 12,000 crore from the private labels by 2012.Speaking to media on the occasion of India Retail Forum 2008 in Mumbai, Biyani expressed his hopes saying that brands are created by the...

World’s best brains on retail to gather at IRF

The count down begins. It is just three days to go to see the world’s top-notch retailers and professionals brainstorming at The Renaissance, Mumbai during the India Retail Forum (IRF); organised to explore new avenues of retail.In their pre-conclave...

HP to upgrade Subhiksha’s IT infrastructure

HP Financial Services, the asset management services and leasing subsidiary of US-based IT conglomerate HP, has announced that it will partner India’s largest supermarket chain Subhiksha to develop software to support the latter’s financing and asset management services.Elaborating this...

Subhiksha refutes news of decision to sell stake

“The reports of us looking for an exit route are absolutely baseless,” exclaimed Mohit Katar, president, marketing, Subhiksha Trading Services Limited. This comment was in response to confirming news about food and grocery retailer Subhiksha looking for an exit...
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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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