Megamart
Retail
Megamart to expand large format stores; to invest Rs 4 bn
Arvind Limited promoted value apparel retailing arm Megamart has drawn up expansion plans for its large format stores, reports The Hindu.
“We have planned to set up 25-30 such large format stores in top 20 cities in the next four...
Retail
Arvind makes amendment to expedite demerger
Arvind Ltd has announced that the board of directors of the company has amended the composite scheme of arrangement among Arvind Ltd, Arvind Lifestyle Brands Ltd and Arvind Retail Ltd which was previously approved by it in its meeting...
Retail
Arvind announces proposal to demerge brands and retail business
The board of directors of Arvind Ltd have announced plans for demerger of its branded apparel business and the retail business (under the Megamart banner) into wholly owned subsidiaries with effect from April 1, 2009.
The demergers will be done...
Retail
Mahagun Metro Mall gets ‘More Megamart’ as hypermarket
Mahagun (India) Pvt Ltd, a Noida-based real estate developer, has signed Aditya Birla Retail’s ‘More Megamart’ as hypermarket in its upcoming Mahagun Metro Mall in Vaishali, Ghaziabad, Uttar Pradesh. The mall will be operational by mid-2009, informed a top...
Retail
Megamart Outlet Centre debuts in Bengaluru
Arvind Ltd promoted value retailing arm Megamart has opened the third store of its large format retail chain ‘Megamart Outlet Centre’. This time, it's in Bengaluru.
Spread across an area of 60,000 square feet, the store retails over 200 Indian...
Retail
Megamart to bring Cherokee brand in India
Arvind Mills-owned value retail chain Megamart has entered into a strategic tie up with US-based womenswear brand Cherokee to retail latter’s entire portfolio in India. It also targets to touch 250 stores mark by March 2010, 140 up from...
Retail
Megamart opens its 100th store in India
Furthering their reach in India – value retail chain store – Megamart from the house of Arvind Limited has recently achieved the 100 mark with its 100th store in Karim Nagar in Andhra Pradesh. Future plans include setting up...
Retail
Lalbhai taps PE to expand Megamart
The Sanjay Lalbhai-led Arvind Brands has opened discussions with private equity players for expanding the network of discount fashion chain Megamart. The company is believed to be raising around Rs 700 to 800 crore for funding the expansions.
Jayesh Shah,...
Retail
Arvind Limited to touch Rs 2,000 crore by 2012
With an ambitious target to reach a turnover of about Rs 2,000 crore by the end of 2012, Arvind Limited is pushing ahead on its retail network. A step towards this came in the form of the launch of...
Retail
Arvind Brands to implement Oracle ERP
Arvind Brands will implement Oracle' s enterprise resource planning (ERP) software across all its Megamart outlets, Arvind’s value retail chain, in the country.
“Upon evaluating the retail software market, we identified that the best practices embedded in Oracle Retail applications...
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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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