Retail - Retail Industry News, Retail News, India Retails market

LG not to reduce prices of LCD TVs

Korean major LG said it is not in a position to pass on the benefit to consumers as the cost of panels has gone up.

Budget 2009: Retail sector disappointed

Organised retail players are a disappointed lot with no mention of the sector being made in the Budget 2009-10 by Finance Minister Pranab Mukherjee on Monday.

DHL plans to have 1,000 outlets in next 2 yrs

Logistic firm DHL is planning to have around 1,000 outlets in the country in next two years time.

Koutons Retail posts net profit of Rs 35.82 cr

Koutons Retail India said its net profit rose marginally to Rs 35.82 crore in the fourth quarter ended March 31, 2009, over the same period last year.

UAE retail rents fall first time in a decade

Retail rents in Dubai and Abu Dhabi dropped for the first time in a decade in this financial year.

Big guns bid for rights to retail CNG

Eight companies including Reliance Gas Ltd, GAIL Gas and the joint venture of Indian Oil and Adani Energy have bid for the rights to retail CNG in seven cities.

Italian coffee brand Caffe Pascucci forays into India

Caffe Pascucci, leading Italian coffee brand, announced its foray into India with its first coffee outlet in the city becoming operational.

Arvind Brands plans to introduce more global brands

Apparel maker Arvind Brands is planning to expand its offerings by introducing more international brands this year, besides ramping up its retail presence across the country.

Zudaas France plans 250 stores by FY'10

Zudaas France, manufacturer and retailer of kids fashionwear and apparel, plans to have 250 outlets across India in this fiscal.

Pantaloon to open nine malls by Dec-end

Kishore Biyani-led Pantaloon Retail India has posted over 14 pct growth in sales last month.

Future Group may list Future Venture

Future Group is considering an initial public offering for its venture capital arm, Future Venture India, to raise funds for the group's expansion plans.

RTI exposes bad bread being sold in market

The six mandatory displays on packaged perishable goods are being printed in illegible letters,.

Titan sets $1 bn revenue target for current fiscal

Titan Industries, which sells jewellery and watch among others, has set a goal of crossing the USD one billion-mark turnover in the current fiscal.

‘India most attractive market for retail investment’

India has been ranked as the most attractive nation for retail investment among 30 emerging markets by US-based global management consulting firm A T Kearney.

Pantaloon shareholders to mull fund raising plan

Pantaloon Retail shareholders will meet July 7 to approve the raising of additional long-term funds to the tune of Rs 1,000 crore through securities.

IKEA shelves plan to enter India

IKEA will stay out as long as India doesn't allow full foreign ownership of single-brand retailers.

German retail giant goes bust, 43,000 jobs at risk

German retail and tourism giant Arcandor filed for bankruptcy today, putting around 43,000 jobs at risk after Berlin dismissed the company's request for emergency state aid.

Novellini aims for sales of Rs 16.5 cr in India

Italian premium wellness and bath solutions player Novellini is aiming at a sales of 2.5 million euros from the Indian market by 2010.

Assocham seeks industry status for organised retail sector

The move would increase the share of organised retail in the overall sector to 20-22 per cent from the current 3 per cent, Assocham said.

Bharti Wal-Mart may invest $100 mn in 4 yrs

Bharti Wal-Mart is likely to invest about $100 mn in next 3-4 yrs to open 15 cash-and-carry stores in India.

McDonald's India to open 180-190 more restaurants by 2015

Fast-food chain McDonald's India said it plans to open 180-190 company-owned restaurants by 2015 with an estimated investment of up to Rs 570 crore.

Latest News

Print Edition

Events