HyperCity Retail, a subsidiary of Shoppers Stop, expects to post a net profit in FY18 as it is banking on…
Atria mall at Worli opened doors almost 11 years back amidst much hype in 2006 but failed to bring in…
Focusing on profitability, coffee chains like Costa Coffee, Cafe Coffee Day and Barista have been shutting loss-making stores.
The Indian unit of Germany’s Metro Cash & Carry, which entered the country almost 15 years ago, posted a net…
With an eye on margins amid stiff competition, retailers are slowly moving towards fashion products over home accessories, music and…
Reliance Retail, the retail arm of Reliance Industries, has shut more than 60 loss-making Reliance Fresh stores in the country…
With losses of R24 crore in 2015-16, the accumulated losses at fashion chain Globus Stores have now gone up to…
Finance minister Arun Jaitley’s largesse for rural areas, what with a total allocation of Rs 1,87,223 crore for rural, agriculture…
After a thirteen-year stay, branded apparel player Pantaloons, owned by Aditya Birla Group, will down its shutters at the High…
To counter Flipkart, Amazon, Snapdeal, brick ‘n mortar retailers look to lure buyers with 9-wk sales
Brick and mortar retailers have started offering longer duration sale of around eight to nine weeks, compared with six weeks…
Home-grown retailer Shoppers Stop is likely to raise R150-R200 crore for its subsidiary HyperCity by selling 10% to 15% stake…
November was expected to be a weak month given Diwali was celebrated in October but the cash crunch has hurt…
Westside, the flagship store of Tata Group’s retail arm Trent, has opened its 100th store in Bhubaneswar, Odisha.
Unlike its global peers, the world’s largest furniture retailer, the Sweden-based IKEA is not going to depend on the well…
Smelling the coffee. That’s what Costa Coffee, Cafe Coffee Day (CCD) and Barista are doing.
Online retailers like Flipkart, Amazon, Jabong and Pepperfry have already automated their warehouses adopting robotic systems. Now it’s the turn…
Sajjan Jindal-led JSW Steel will continue to have its interest in buying Tata Steel’s UK business, despite the uncertainties over…
German wholesale retailer Metro Cash & Carry is almost more than a decade old in India now, but continues to…
