Archive for ‘News & Articles’

729 results.
Dec05

Reliance Retail looks to ‘refresh’ business

by admin on December 5th, 2007 at 6:16 am
Posted In: News & Articles

In a dramatic shift in strategy, Reliance Retail has decided to minimise its exposure in the fruit and vegetable business and position Reliance Fresh as a pure play super market focusing on nine categories including food, FMCG, home, consumer durables, IT, wellness and auto accessories, with food accounting for the bulk of the business. The […] ↓ Read the rest of this entry…

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Dec05

Check out the most expensive malls in the country

by admin on December 5th, 2007 at 6:23 am
Posted In: News & Articles

Shining granite floors, chic eateries and glitzy showrooms are addictive. And that is what perhaps pulls you every weekend to the swanky mall just around the corner. You and your family might end up having a great time and with a much lighter wallet. And that’s not surprising especially when mall developers and retailers are […] ↓ Read the rest of this entry…

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Dec06

Food retail set to double by 2020

by admin on December 6th, 2007 at 11:22 am
Posted In: News & Articles

Food retail is one of the fastest growing segments of the Indian retail sector and is expected to reach $482 billion by the year 2020, a significant increase from $236 billion in 2006. Some of the factors that are leading to its fast growth are the rising disposable incomes, a growing exposure to global lifestyles, […] ↓ Read the rest of this entry…

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Dec06

Reliance, Tata, Bharti eye Bihar sugar mills

by admin on December 6th, 2007 at 11:38 am
Posted In: News & Articles

To exploit opportunities to make ethanol   Reliance Industries, Tata Chemicals, Bharti Enterprises’ Fieldfresh and Indian Oil are among several large companies that have evinced interest in leasing closed sugar mills that the Bihar government is offering, mainly to exploit opportunities to make ethanol to meet mandatory petrol blending norms that were introduced this year. […] ↓ Read the rest of this entry…

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Dec08

India : Raymond Finely Crafted Garments collection launched

by admin on December 8th, 2007 at 12:31 pm
Posted In: News & Articles

After dressing the complete man for over 80 years, Raymond, the flagship brand from India’s leading textile & apparel major Raymond Ltd, takes the craftsmanship of garment making and customer convenience to new echelons. The company announced the launch of Raymond Finely Crafted Garments which offers the customers same Raymond brand promise of ‘Trust, Excellence, […] ↓ Read the rest of this entry…

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Dec10

800 Reliance Fresh employees lose their jobs

by admin on December 10th, 2007 at 5:55 am
Posted In: News & Articles

New Delhi: At least 800 employees of Reliance Fresh outlets in Uttar Pradesh lost their jobs after the Maywati government ordered closure of their outlets in the state citing law and order problems.   However, the employees have been assured that they would be recruited back once Reliance Fresh is given permission to operate in […] ↓ Read the rest of this entry…

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Dec10

Retail industry grappling with rising attrition

by admin on December 10th, 2007 at 7:00 am
Posted In: News & Articles

Until a few months ago, the organised retail industry had been attracting young talent. However, faced with high levels of stress and the lack of a proper career plan, many young professionals are leaving the industry. The industry is losing talent to the better paying hospitality and business process outsourcing (BPO) sectors, and witnessing an […] ↓ Read the rest of this entry…

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Dec11

Have $1 million? You ain’t rich enough

by admin on December 11th, 2007 at 4:49 am
Posted In: News & Articles

Millionaires are passé. A new report on wealth published by British banking group on Monday says ‘millionaire,’ the old word for the wealthy, has lost its charm. You need 10 million US dollars now to be truly considered wealthy. In other words, you have to be a dollar crorepati, according to 35 per cent of […] ↓ Read the rest of this entry…

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Dec11

Organised retail set to touch $30 bn in three years: Study

by admin on December 11th, 2007 at 5:15 am
Posted In: News & Articles

Organised retail is set to grow by leaps and bounds in India, from $14 billion now to $30 billion in three years. The sector would account for 30 per cent of a market of $280 billion in the next 10 years, said a report, Winning with Intelligent Supply Chains, brought out by the Federation of […] ↓ Read the rest of this entry…

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Dec12

Reliance Retail To Open Up Mega Retail Outlet

by admin on December 12th, 2007 at 8:22 am
Posted In: News & Articles

According to the reports Reliance Retail is ready to open up 500 hypermarkets crosswise the country by next three years (2010). The company showed a glance of its jumbo plans by opening up a huge 165,000 sq.ft hypermarket RelianceMart in Ahmedabad, which is largest complete format store in the country. The company plans to spend […] ↓ Read the rest of this entry…

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