Retail Archive

Dabur announced that it would be tying up with kirana or local mom-and-pop stores to increase its visibility. Dabur will be using a concept such as Hindustan Lever Ltd. (HLL)’s system of allowing kirana’s to join their Super Value Store programme. For its initial testing, the company is using local kirana stores in Ahmedabad, Chandigarh […]

Consumer durable retail chains such as Croma and Next are looking to buyout small retail chains across India in an effort to consolidate their business. The companies are holding talks with smaller regional players such as Sumaria, Sony Mony and Kohinoor in Mumbai, Shah’s and TMC in Hyderabad and Shubham in Bangalore.Some of the larger […]

The Godrej Group will soon be launching specialty stores in four categories: home appliances, home furniture, office furniture and non-apparel lifestyle products, through its flagship company Godrej & Boyce Manufacturing Co. The first 20 of these stores will be opened by 2010 in major retail markets such as Mumbai, Kolkata, Delhi, Chennai, Bangalore, Pune, Ahmedabad […]

Pantaloon Retail India Ltd (PRIL) has officially pulled out of Gini & Jony, a children’s wear brand and one of the first brands that Kishore Biyani, MD of Pantaloon had invested in. Sources report that while the financial arrangement with Gini & Jony will continue, it will break off all operational ties.Pantaloon had invested in […]

Siyaram plans to open 150 stores

Siyaram Silk Mills announced that it will be opening 150 exclusive outlets that will be called F2F and will retail all the company’s in house brands such as Oxemberg, Mistair and J.Hampstead. According to Ramesh Poddar, Vice-Chairman and MD of Siyarams Silk Mills, the company is looking at mall locations for the most part, since […]

AIADMK chief Jayalalitha said that she is against corporates entering the retail sector as it would cause small vendors and traders to lose their livelihood, as large corporate houses have the leverage to sell commodities at lower prices. She added that large retailers had wiped out small retailers in countries such as Japan, China and […]

Social retailing is here to stay

After social networking, its now time for social retailing or social buying. Retailers across the world such as Bloomingdale’s are already testing the concept in their stores. Social retailing is essentially letting customers involve people such as family and friends who are not physically present in the decision making process. An interactive mirror is placed […]

Dubai based Damas Jewelry and Flemingo International’s Indian division will be setting up duty-free shops in the country, where they will sell products like jewelry and watches. The company has been given permission to set up shops at Chennai, Trivandrum and Jaipur international airports, where operations will begin in a month. Damas is a well-known […]

Subhiksha and vJive tie up

Subhiksha has tied up with vJive Networks for an integrated out-of-home media solution for all their stores in the country. VJive Networks is the country’s largest broadband-based out-of-home media and digital sign company with a network across the country. Subhiksha has 650 stores in 30 cities and has plans to expand to 1000 stores by […]

Two senior executives have left Reliance Retail and will be joining Wal-Mart. S Ramesh, head of buying operations at Reliance Retail and will be joining Wal-Mart as its head of sourcing operations. The second executive is Abhinandan Shukla who looked after confectionary at Reliance Retail and has also left to join Wal-Mart.Wal-Mart is currently looking […]