News
India's retail trade to touch $590 bn in 2011-12: Scindia
Business Standard
India's retail business, the second largest employer after agriculture, is estimated to touch $590 billion in two years, Parliament was informed today.
Pantaloon maintains same-store growth
Business Standard
Kishore Biyani's Pantaloon Retail maintained its same-store sales in June, as revival in consumer demand helped the country's largest retailer to post positive numbers.
Pantaloon turns Aadhaar into rural shopping mall
Daily News & Analysis
Envisaging the immense business potential in such smaller towns, Kishore Biyani's Future Group is looking at repositioning its Aadhaar outlets, which it bought from Godrej last year, to offer a wholesome shopping mall experience.
Biyani's Future Logistics loses name game to Chennai firm
Economic Times
Kishore Biyani may have won against Reliance ADAG over the 'Big Bazaar' trademark issue but he seems to have been outwitted by a little known Chennai company in the name game this time.
Highway on his menu
Business Standard
Barista's Sanjay Coutinho is eyeing the lucrative food market for growth - he's rolling out eateries along highways that compete with local dhabas.
New Look to double retail clinics
Hindu Business Line
Cosmetics treatment chain New Look Laser Clinic is planning to more than double its retail clinics to 50 in two years. The company is seeking to tap the growing market in the health and wellness segment and is looking to increase presence in both metros and smaller cities.
Mobile handset retail is not viable in current form: industry
Reuters India
Mobile phone retail has been considered a hot area in Indian specialised retail. Not anymore. Those who are in the business are either selling out at the first instance. Or, they are going back to the drawing board to rejig their business plans.
Retail Trends
Foreign apparel brands fail to find the right fit
Business Standard
When people back home in the UK ask Mark Ashman to spell out the success mantra in India, he says: "Be patient". The CEO of Marks & Spencer Reliance India (MSRI), who has spent two years in India, has been religiously practising what he preaches - the M&S-Reliance combine has been able to open just one store in the past one year. It plans to open six more, but Ashman wouldn't say by when.
Retail Insight
Minding the Store
Hoyt & Company
Have you gotten a hug from a consumer lately? That's what happened to Walmart U.S. chief executive officer, Eduardo Castro-Wright, from an elderly woman in Fairfax, Virginia, as he, clearly looking like Walmart management in his suit, entered the store.
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