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

Sunglass Hut targets 30 outlets in India by 2012

Sunglass Hut said that it is looking to take the number of its exclusive outlets in the country to 30 by 2012.

Reliance Retail to expand in new cities

Mukesh Ambani-led Reliance Retail is in the expansion mode.

Floral services get a new brand

Newly launched FNP Tahiliani assimilates the expertise and creative valour of India’s leading fashion designer, Tarun Tahiliani with Ferns N Petals.

India potential and interesting market: Versace

Italian luxury brand Versace says it is looking at expanding its presence in developing markets like India despite the global downturn.

India most susceptible to shoplifting, employee theft: Study

India, the fifth largest retail destination globally, is also the most susceptible to menaces such as shoplifting and employee theft among others, said a survey.

Crisis fuels surge in shop-lifting in UK: Report

Buffeted by job losses, many British consumers resorted to shop-lifting of goods.

Adidas 3Q net income falls 30%

German sportswear company Adidas AG says its net income fell 30 percent in the third quarter as the company saw sales declines, especially at its sport performance division.

Vishal Retail signs CDR pact with lenders

Vishal Retail said it has signed an agreement with lenders for restructuring the terms of the chain's Rs 730 crore debt.

Rosebys plans 500-700 stores over next 5 yrs

Dalmia group's home decor retail chain, Rosebys, plans to rollout 500-700-stores.

Wal-Mart offers big price cuts

Wal-Mart is taking its ferocious price cutting into new markets as economy shows recovery.

Titan's watches stores to number 300 by March 2010

The company currently has its 281 'World of Titan' stores across 123 cities.

'FDI norms in retail sector should be relaxed'

Govt needs to relax norms on FDI in retail to facilitate fresh infusion of funds.

Gitanjali forays into exclusive retail; plans 60 stores

Jewellery and lifestyle brand Gitanjali Lifestyle said it has ventured into exclusive retail business and plans to open 60 stores across the country within the next five years.

Vishal Retail to raise Rs 250 cr via QIP route

Diversified retail player Vishal Retail said it will raise Rs 250 crore through private placement of shares with potential buyers.

Biyani's Planet Sports to sell Skechers' lifestyle products

Winner Sports will licence and distribute Skechers footwear and apparel through Future Group's retail format like Planet Sports, the US company said in a statement.

Raymond eyes big revenue from small towns

Targeting smaller cities, Raymond Ltd plans to open 300 retail stores in Class IV and Class V cities by March 2011, taking the total number of “The Raymond Stores” to 800 across India.

Raymond to open 300 stores across India

Textile firm Raymond Ltd will pump in Rs 100 crore to open about 300 stores across the country by end-March 2011 as part of its expansion plans.

Need to simplify tax structure on processed food: PM

Prime Minister Manmohan Singh acknowledged the need to rationalise and simplify tax structure for processed food sector.

Future Group may hive off Big Bazaar: Biyani

Future Group chief Kishore Biyani is looking to hive off hypermarket chain Big Bazaar and list it to unlock value.

Now, a cost effective diamond retail chain

RS diamond introduces a new model of diamond retailing across 30 cities in India. This new model eliminates middlemen reigning in rough as well as polished diamonds and instead fabricates a cost effective retail chain.

Pantaloon sees 35-40 pct FY10 revenue rise

Pantaloon Retail expects revenue in the year to March 2010 to rise 35-40 per cent helped by additional space and increased efficiency.

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