Big Apple
Food
Why supermarkets are on a shopping spree
The recent acquisition of the Hypercity brand by Kishore Biyani’s Future Group is one of the many instances highlighting a key ongoing trend in the retail industry - cross-category consolidation. Retailers are increasingly exiting businesses that drag down their...
Retail
Shoppers Stop may sell Hypercity to Future Retail for Rs 700 crore
Raheja Group’s multi-brand fashion retailer Shoppers Stop Ltd on Saturday announced selling 5 per cent of its equity share (43.96 lakh shares) of Rs 5 face value to e-tail giant Amazon.com at Rs 407.78 per share, aggregating to Rs...
Food
Future Group acquires retail group chain Sangam Direct
Retail honcho, Kishore Biyani's Future Group has acquired retail group chain Sangam Direct from Wadhawan Holding, a company owned by the promoters of Dewan Housing Finance Corp Ltd.
To consolidate its position as the country's largest producer, Future Group is...
Retail
Prime Minister Narendra Modi Inaugurates India Food Park, Tumkur, Karnataka
Future Consumer Enterprises Limited today launched the India Food Park , a 110 acre world class facility in Tumkur, Karnataka that integrates the entire food value chain from farm to plate at a single location with the best infrastructure...
Progressive Grocer
Retailers to Watch
From reinforcing the back-end, introducing new formats, expanding the product portfolio, innovative marketing, store makeovers, and technology upgradation, to maximising shopper experience with customer-friendly planogramming, high fill rate and high merchandising mix, night time replenishment to prevent stock-out, product...
Retail
Phoenix Mills to fly on rising lifestyle spend
The organised retail in India is witnessing substantial action on back of changing lifestyles and higher discretionary spending by people. Phoenix Mills, a well known real estate company in Mumbai, would benefit from its new retail projects getting operational...
Fashion & Lifestyle
Fashion capital list expands across
New York (NY) has reclaimed the title of the world`s top fashion capital from Milan but the annual poll suggested the top five fashion cities are seeing competition from Asia and Australia. NY held the crown of the top...
Retail
Vikram Thaploo joins Apollo Hospitals Group
Vikram Thaploo, with a retail experience of over a decade, has joined Apollo Hospitals Group as chief executive officer of Apollo Tele Health Services. Earlier, he was director at Steeplejack Projects.His role in the new assignment will be to head...
Retail
EWDPL offers retail space on revenue sharing basis
Entertainment World Developers Pvt. Ltd. (EWDPL), the real estate developer, has said it will offer 1 million square feet of space in its 20 malls to manufacturers, regional brands and exporters to sell their products on a rent-free, revenue...
Retail
EWDPL to offer more retail space to emerging brands
Real estate player Entertainment World Developers Pvt Ltd (EWDPL) on Thursday said it will offer 10 lakh square feet of retail space to 20 malls across India under rent-free revenue sharing agreement to 'emerging brands'. The company hopes...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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