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Reliance Mart inaugurated at Tain Square, Pune

Mukesh Ambani-led Reliance Mart has its new outlet in Pune. Tain, one of the leading construction companies, spearheaded by Tanveer Inamdar welcomed Reliance Mart, as its new occupant. The store was inaugurated at Tain Square located at Fatima Nagar. According...

Bharti Retail to roll out supermarket format

After making its debut in satellite TV, Bharti is all set to stretch its arms in its already existing retail business. According to sources in the company, Bharti Retail is now planning to roll out its supermarket format in...

315 hypermarkets likely in tier I & II cities by 2011: ASSOCHAM

Yet another example of the buoyant retail sector in India: 315 hypermarkets will come up in most of tier I and II cities by 2011 and sell off all articles from automobiles to needles under one roof, forecasts a...

Vishal debuts in the class of small-format shops

With the launch of a 2,500 square feet apparel store in Ashok Vihar, Delhi, Vishal Mega Mart, one of the largest hypermarket retail networks in India, has entered the area small-format retailing. The opening is in sync with the group's...

Spencers Retail to launch IPO in the next 2 to 4 quarters

In a span of seven days, Spencer’s Retail has achieved headway by launching 40 stores across India. As part of their expansion plans, Spencer’s Retail Limited, part of the Rs 11,300 crore RPG group, is planning an investment of...

Anurag Rajpal is business head for apparel at Spencer’s

Anurag Rajpal has moved from his last assignment as business head of Trouser Town, Madura Garments, to take charge as business head, Apparel Vertical/vice president, Apparel, Spencer’s Retail – an RPG Group company. This marks his transition from apparel...

Retail Industry – The Budget: Before and After – AT Kearney India

Retail Industry – The Budget: Before and After Raman Mangalorkar, Principal, AT Kearney India 1. The Indian retail market The Indian retail paradigm is shifting with the emergence of new formats in the form of hypermarkets, supermarkets, and specialty and convenience stores. A...

Wal-Mart to acquire China retail chain in a billion-dollar deal

Wal-Mart Stores Inc. will pay about US$1 billion to take over Chinese chain Bounteous Co. Ltd. The acquisition will be done in phases by 2010. Wal-Mart is buying 35 per cent of Taiwan-based Bounteous, which operates 101 hypermarkets in 34...

Auchan to foray in Indian market

World’s ninth-largest food retailer France’s Auchan, is planning to enter India. The $50 billion grocery and consumer goods retailer is said to be talking with the Wadia Group. The sources close to the development have confirmed that the Carrefour...

250 Reliance Fresh stores in next 3 months

Reliance Industries, has planned to expand its Reliance Fresh outlets to over 250 in coming three months. Reliance Fresh already has around 50 stores in Hyderabad, Jaipur, Chennai, NCR and few smaller cities of Andhra Pradesh. In next three months...
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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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