Bharti Retail takes store tally to 59 in North India
Financial Express In its first phase of operations, Bharti Retail has strengthened its position in north India by opening 59 stores in Punjab, Haryana, Rajasthan, Uttar Pradesh and New Delhi, called Easy Day stores. In addition, it also has launched three compact hyper stores called Easy Day Market in Punjab.
Triumph to invest Rs 1K cr to expand market in India
Press Trust of India
World's leading lingerie brand, Triumph International, plans to invest over Rs 1,000 crore in India to open 12 more flagship outlets and 30 additional EPS (Exclusive Partner Stores) in the current year, a top company official said.
VLCC to buy UAE's TGC for Rs 150 crore
Economic Times
VLCC is about to acquire UAE's The Grooming Company (TGC) for Rs 150 crore, which will help the New Delhi-based wellness chain break into the region's lucrative grooming space with an array of products and services, said two persons familiar with the development.
Shoppers Stop to add 1.1 msf in 2 years
Daily News & Analysis
The retailer is looking to open three Shoppers Stop and two Hypercity stores by March 2010. Over the next two-and-a-half years, the company plans to add 18 Shoppers Stop stores while it will open about six Hypercity stores in a year's time.
Chemistry eyeing women in Tier II cites
FashionUnited India
The five-year-old brand is now chalking out plans to open exclusive Chemistry stores in cities like Chandigarh, Ludhiana, Vishakapatnam and Jaipur. At the moment there are 16 Chemistry exclusive stores located mostly in the metros like Mumbai, Delhi, Bangalore, Kolkata and Hyderabad.
William Penn: Quest for fine pens
Business Standard
After exclusive tie-ups with top global brands like Fisher Space, Pelikan and Sheaffer, William Penn, the multi-brand retail chain of writing instruments, has now got into a partnership with Caran d'Ache of Switzerland. Founded in 1924 by Arnold Schweitzer, Caran d'Ache is a product of Switzerland's long history of watch-making and jewelry manufacture.
News: Food & Grocery, QSR ...
McDonald's expansion eyes south
Express Buzz
Celebrating its 13 years in food service industries in India, McDonald's has decided to open 28 restaurants in three major cities of South India this year and its goal is to achieve 50 per cent of expansion target in South India.
Costa Coffee woos Indian palates
BBC News
The UK's Costa Coffee chain has sent a British celebrity chef to the Indian capital, Delhi, to devise spicy snacks as accompaniments to its cappuccinos and lattes. Costa launched in India nearly five years ago and today it has 44 outlets across Indian cities.
Using a thela, Gloria Jean's takes coffee war to the street
Daily News & Analysis
The company will roll out its first coffee cart at the Kala Ghoda junction in south Mumbai, which will be followed by similar carts at key city streets in Bangalore, Pune and Delhi.
Retail Trends
India to emerge as a hub of luxury goods brands
Economic Times
Luxury retail in India has been a fascinating journey from a socio-economic perspective. Projected as the next China for luxury goods consumption, the Indian economy has evoked a lot of interest globally given its statistics of some of the highest disposable incomes and increase in the number of millionaires.
Growth in same store sales to drive profits
Economic Times
Organised retailers witnessed a good December quarter. The recovery in growth, lower commercial rentals, a rising stock market and positive consumer sentiment contributed to a higher topline for two of the bigger retail players - Pantaloon Retail and Shoppers Stop.
Just-in-Time Assistance
Stores
Cost savings generally top the list of concerns when retailers look to outsource operations. Sometimes, however, improved service and greater reliability can be achieved, as well.
Personal accident plan on offer at Big Bazaar
Livemint
If you frequent Big Bazaar, a retail chain of Future Group, you can now buy insurance when you go shopping. Future Generali India Insurance Co. Ltd has launched a personal accident policy, which is available at all outlets of Big Bazaar.
As consumers increasingly demonstrate their multi-channel shopping behavior, and the sales volumes of direct channels (Internet and catalog combined) grow rapidly for tri-channel retailers, retail executives cannot deny their need to tap into the potential of multi-channel leverage.
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