As part of its new branding strategy, RPG Group-owned Spencer’s is working on trimming down the number of its current retail formats, while focusing on retailing food items. Spencer’s currently has 290 stores covering four retail formats, Hyper, Super, Daily and Express spread across six lakh square feet of area, which will get reduced to […] ↓ Read the rest of this entry…
International jeans brand Levi’s Strauss is planning to add 800 stores across India by 2011, a top company official has said. “Presently, we have around 160 stores and we will double the number every year for the next three to four years,” Levi’s Strauss (India) Director (Marketing) Shyam Sukhramani told PTI on the sidelines of […] ↓ Read the rest of this entry…
NEW DELHI: Global sports wear brand Reebok said on Monday that it is on a major expansion in India which would see the company open one store in almost every two days, taking the total number of stores to 850 by the end of 2008-09. “The company, which currently has 620 stores across the country, […] ↓ Read the rest of this entry…
Poundland, the discount retailer, will open at least 35 new stores in 2009, creating 1,200 jobs, as it looks to profit from the economic downturn.
Titan Industries plans to augment its store network across India by adding nearly 40 Titan stores by March 2010
Raymond Apparel is planning to open 100 small stores exclusively selling its medium and supreme brand shirts…
Korean Mobile Handset Maker To Double Investment For Better Visibility
Taking advantage of a declining real estate market, Seattle-based Starbucks Corp. is pushing some of its U.S. landlords for as much as a 25 percent decrease in lease rates, according to Bloomberg.com.
The global economic downturn has had a significant impact on the retail sector – albeit to a lesser extent on the grocers, due to the fact that food remains a non-discretionary purchase.
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