UK's Admiral plans 10 stores in '10, eyes Rs 200 cr sales
Business Standard
British sportswear brand Admiral today said it plans to venture into exclusive retailing in India by next year as it targets revenues of Rs 200 crore from the market by 2012.The company has also tied up with large format chains like Metro Shoes and Lifestyle to sell its range through the multi-brand format.
Spencer's Retail to launch private labels food products
FoodBizDaily.com
Spencer's Retail will soon launch private labels processed food products like potato chips, biscuits, pasta and is currently testing standalone stores of fish and meat.
Shoppers Stop opens MAC store, Estee Lauder in Mumbai
Myiris.com
Shoppers Stop has opened one M.A.C. store and one Estee Lauder store at Palladium, High Street Phoenix, Lower Parel, Mumbai. With the opening of these stores, the company has now ten M.A.C. stores and three Estee Lauder stores respectively.
Jawad to invest Rs150 crore in restaurant biz
Daily News & Analysis
Jawad Business Group, a West Asia-based retail company that operates franchise restaurants under Papa Johns brand in west and south of India, is looking at launching and expanding two new restaurant formats in the country - Chili's and The Great Kebab Factory. The company is looking at investing Rs150 crore over the next couple of years.
Retail Trends
Pharma retail market grows 29% in October
Economic Times
India's drug retail market grew by a whopping 29.24% in value terms in October this year over the year-ago period, more than double the average monthly revenue growth rate of 13-14% in the recent past, according to market research firm ORG IMS.
Australia plans to foray in Indian dairy foods market
FoodBizDaily.com
Australia's premier dairy state Victoria is planning to foray into the Indian market through collaborations, joint ventures, technology transfer and co-marketing efforts. The Victorian Agribusiness Group was in India this month to ascertain the potential opportunities which it could tap.
Gift registries - where people expecting gifts on special occasions can make and share wish lists with friends and families - are gaining importance as a serious revenue stream and marketing tool for multi-channel retailers.
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