DCM Shriram Consolidated (DSCL) has planned to separate its rural retail business Hariyali Kisaan Bazaar into a subsidiary. The company plans to expand the number of outlets to 200-250 in 12-15 months from 65 at present and then get...
Future Retail, India’s largest retail house, is feeling the heat from the likes of Reliance, Bharti-Wal-Mart and AV Birla group, and is said to be in the middle of a huge a restructuring exercise.
Rakesh Biyani will head the retail...
Pantaloon Retail (India) Limited plans to extend the count of Big Bazaar superstores to 70 before 2008, with western India as target. The focus is on Maharashtra, while stores are also marked for Kolhapur, Solapur, Aurangabad and Ahmednagar.
After opening...
The joint venture between the Future Group and the Manipal Group, which was set up recently, has entered an agreement with Sachin Tendulkar under which Sachin would also be a stakeholder in the JV.
The JV intends to launch a...
Staples, Inc. (Nasdaq: SPLS) announced today a joint venture with India’s leading retailer, Pantaloon Retail Limited, and its new office products business unit, Future Office. The agreement establishes a platform for Staples to enter the $10 billion office products...
Increasing competition is forcing retail chains in India to strengthen their brands. As a post Bharti-Wal Mart JV impact, all major brands like Pantaloon, Shopper's Stop, Ebony, and Trent, have increased their marketing budgets, and are devising innovative marketing...