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McDonald’s reopens 13 restaurants in Delhi

Connaught Plaza Restaurants Private Ltd (CRPL), now wholly-owned by food service retailer McDonald's, has re-opened 13 of its restaurants in Delhi starting 11 a.m on Sunday, a statement by McDonald's said. These are the first McDonald's restaurants to be reopened...

McDonald’s strikes out-of-court settlement with Vikram Bakshi

Estranged partners McDonald’s and Vikram Bakshi Thursday announced an out-of-court settlement, ending their almost six-year-long dispute. As part of the agreement, the US fast food chain will buy out for an undisclosed sum Vikram Bakshi and his entities’ 50...

McDonald’s, Vikram Bakshi working on out-of-court settlement

Estranged partners McDonald's and Vikram Bakshi Monday told the NCLAT that they are working towards an out-of-court settlement to end their over 5-year-old dispute. According to a PTI report: Counsels for McDonald's India Pvt Ltd and Vikram Bakshi told a...

Payment Checkout Revolution: What are retailers doing for smoother checkout

There is nothing more disappointing than having a customer not return to your store or bombarding you with complains about your product quality. Of the many reasons that people may not return to a store, one of the main...

Franchising as a model for business expansion in foodservice

Franchise is a business opportunity that can lead to the foundation of a successful business empire. It is a marketing concept adopted by companies for business expansion. When implemented, a franchiser licenses its know-how, procedures, intellectual property, use of...

McDonald’s to embrace ML in tech deal worth US$ 300 mn

US-based fast food chain giant McDonald's has announced plans to acquire a start-up named Dynamic Yield for US$ 300 million as it steps up to embrace Machine Learning (ML) in a super-sized way, the media reported. The deal is the...

Korum Mall: Bringing an unparalleled international shopping experience to Thane

Since its launch in 2009, Korum Mall has emerged as one of the most popular shopping and hangout destinations for Millennials in Thane and Central Mumbai. A property of the Kalpataru Retail Ventures Pvt. Ltd., a Kalpataru Group company,Korum...

International Food Business: Current scenario and future

The misconception about Gourmet Food in India is amazing. There are many who equate gourmet with imported food, which is far from the reality. To encapsulate what the concept of gourmet is all about, let me say that it...

Franchising: A lucrative entrepreneurial option in retail

Franchising is one of the few means available through which the brand owners gets access to capital without the need to give up control of the brand (as in case of raising money from through equity dilution) or increasing...

Shopping Centre turnaround stories of the year

With the advent of online shopping and the decline of large department stores, many traditional malls across the country face extinction. At the same time, as towns and regions grapple with how to spark long-term economic growth, new thinking...
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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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