Bharti Retail Ltd will start its retail venture next year from northern India but with small grocery stores (2-5000 sqft). The Company will stay clear of unfriendly states such as UP, Kerala, Orissa and West Bengal. Like a learning curve, this will be followed by medium and larger stores (30-50,000 sqft) and then a cash-n-carry […] ↓ Read the rest of this entry…
Even as the retail pundits spell a bright future for organised retailing in India – at an annual growth rate of 9.5 per cent -to double its presence to $30 billion by 2010, there are some key supply chain issues which are impeding its growth, reveals a report Winning with Intelligent Supply Chains. According to […] ↓ Read the rest of this entry…
The recent rebuff from Orient-Express Hotels to the Tata-controlled Indian Hotels has expectedly attracted a wide range of reactions from diverse quarters. While there may be sound logic behind Orient-Express’s decision to spurn this overture, the content and the tone of the purported letter from their CEO are certainly offensive and not businesslike, on the […] ↓ Read the rest of this entry…
As mobile phones are one of the best modes of communication, everyone wishes to own one. However, the price of the handsets makes it difficult and the common man has to think a thousand times before buying it.Union Labour Minister Oscar Fernandes has announced to introduce cheap phones with digital technologies for farmers. He also […] ↓ Read the rest of this entry…
Probiotic dairy products maker will expand its presence and market its product ‘Yakult’ in the country in the next 3-4 years. New Delhi: Probiotic dairy products maker Yakult Danone India will pump in an additional Rs100 crore over the next 3-4 years to expand its presence and market its product ‘Yakult’ in the country, after […] ↓ Read the rest of this entry…
20 December, 2007 – Unrest is rife in the lucrative Indian retail market, the world’s fifth largest, as big business seeks to move in to tap potentially huge new revenue streams. But large companies have had to either cut back or even postpone plans in the wake of protests as thousands of small traders fear […] ↓ Read the rest of this entry…
Perhaps to overcome the growing political opposition and revolt from local fruits and vegetable vendors, Reliance Retail has launched its ninth format christened Reliance Super. When contacted, a Reliance spokesperson told Indiaretailing: “It is not a reworked strategy or model. This is a new concept wherein we are trying to offer almost all the products […] ↓ Read the rest of this entry…
NEW DELHI/BANGALORE: Bharti Enterprises, slated to start its retail business in the first quarter next year, may acquire Big Apple — the Delhi-based supermarket chain with 65 stores. Bharti’s acquisition blueprint in the retail sector may be a replay of its telecom business, where the group built up a pan-India mobile presence by acquiring telcos […] ↓ Read the rest of this entry…
MUMBAI/NEW DELHI: Till the other day, Reliance Retail was faced with massive opposition from the trading community. In a dramatic shift, it has decided to turn into a trader itself. It is entering the food-trading business as part of a major restructuring of its food and grocery initiative. It has created two supply chains: one […] ↓ Read the rest of this entry…
Bangalore (PTI): Reliance Retail Limited is eyeing a turnover of around $ 5 to 5.5 billion in home durables, including consumer electronics, telecom and home IT across all its formats by 2011, its top official said on Monday. “We are hoping to touch a turnover of around $ 5-5.5 billion in home durables across all […] ↓ Read the rest of this entry…
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