Big Bazaar is the ‘Most admired F&G retailer of the year
Food Forum India (FFI) 2010 last night recognised the Indian food industry’s top achievers in a glittering ceremony of the Coca-Cola Golden Spoon awards at the Renaissance Hotel and Convention Centre, Mumbai. While Big Bazaar was one of the biggest winners on the night, the audience was mesmerised with scintilating performances by renowned singer Shibani Kashyap and stand up comedian Ash Chandler. Read the rest of this entry »
Reliance’s new thrust on retail business
Reliance Retail will soon pilot the retail venture of Office Depot and open the first Hamleys toy store as the
up its portfolio and expansion plans. Its offerings under the lifestyle umbrella range from books & music, apparel, toys and opticals to jewels and office supplies. ET caught up with Reliance Retail’s president & chief executive-Lifestyle Bijou Kurien for an exclusive interview. Read the rest of this entry »
Retailers take on FMCG firms with private label push
Star Bazaar, the Tata group’s hypermarket in Thane on the outskirts of Mumbai, has several racks reserved for its private labels in noodles, breakfast cereals and other processed foods, just next to those from fast-moving consumer goods (FMCG) majors. But, while the racks of big brands carry just price labels, Star Bazaar’s own products have big placards, saying these are 21 to 37 per cent cheaper than national brands. Read the rest of this entry »
Plans by Damas to open 100 stores in India hang in balance
The ambitious plans by Damas to open 100 stores in India are hanging in the balance, as unauthorised transactions by the three Abdullah brothers, members of the company’s founding family, have cut into the jeweller’s finances. Read the rest of this entry »
Retailers tread warily into cash-and-carry
Retail firms are making a cautious entry into the cash-and-carry, or wholesale trading, format, betting on a huge demand base of unorganised independent stores, and in a bid to lure foreign investments. Read the rest of this entry »
Retail labels hunt for funds, but investors are wary
As the return of shoppers to malls continues unabated, some apparel retailers are looking to raise funds in the financial year beginning 1 April to support expansion plans. Read the rest of this entry »
Kishore Biyani: Taking Future Group to next phase of growth
Kishore Biyani has spread his wings beyond the shopping isles of his Big Bazaar and Pantaloon stores, but he has still got his eyes firmly on the wallet of the Indian consumer as he forays into life insurance, financial services and even telecom. India’s retail king Kishore Biyani, Future Group talks about his journey so far and his future plans. Read the rest of this entry »
Metro’s biz plan for India on right track
Despite the complicated FDI rules and regulations in India, Germany-based Metro AG says it is well-positioned in the country and on the right track with regard to its expansion plans. Read the rest of this entry »
Yum! Brands International Division Opens First Taco Bell in India
Yum! Brands, Inc. announces the grand opening of the first Taco Bell in India by its international division, Yum! Restaurants International (YRI). Yum! is the leading restaurant company in India with its KFC and Pizza Hut brands. The introduction of the first Taco Bell in India reflects the Company’s strategy of creating a third global brand. Read the rest of this entry »
Unlocking retail’s potential
As Prime Minister Singh recently noted, India needs greater competition to keep food prices in check for the consumer. Read the rest of this entry »
