The Kishore Biyani-promoted Future Group, which runs India’s largest retail chain in both value and lifestyle formats, on Thursday said it plans to open 25-30 Big Bazaar outlets by June 2012, and will invest Rs 300-crore for the same. “We are planning to add 25-30 stores on the Big Bazaar front. Our target for this [...]
Kishore Biyani, who controls India’s largest listed retailer Pantaloon Retail (India), plans to set up as many as five food parks in the country in partnership with local investors as he seeks to create hubs for suppliers of regional brands and local produce to his expanding chain of stores — from KB’s Fair Price to [...]
As per consumerdayy study http://www.consumerdaddy.com/consumer-reviews-for-spice-hotspot-electronics-dealers-p-15554.htm Spice hotspot just scored 5 out of 10 for consumer satisfation. Spice Retail Limited, New Delhi is a multi-brand mobile and technology retail chain. They deal with a wide range of mobile phones, phone accessories, laptops, cameras, etc. Brands offered by them include Spice, Blackberry, Nokia, LG, Sony Ericsson, [...]
The Essar Group, a $20-billion diversified conglomerate, is charting out a new retail blueprint for the entire group and expects 25 per cent growth annually in its newly-created retail company, Essar Retail. Essar Retail has a combined turnover of $1.5 billion (Rs 6,750 crore), over half of which is contributed by steel retail followed by [...]
Himanshu Chakrawarti, formerly COO of Trent’s Ltd’s leisure retail format, Landmark, has moved to The MobileStore as the chain’s CEO. Armed with nine years of professional experience in sales and marketing of FMCGs, Chakrawarti joined Trent Ltd in November 2000. He is a graduate from IIT Kanpur and holds a PGDM degree from IIM Bangalore. [...]
Pranab mukherjee shall represnt and put union budget for 2011 – 2012 in parliament. CHALLENGES To quickly revert to the high GDP growth path of 9 per cent and then find the means to cross the ‘double digit growth barrier’. To harness economic growth to consolidate the recent gains in making development more inclusive. To [...]
Finance minister Pranab Mukherjee may signal the government’s intent to open up foreign direct investment (FDI) in multi-brand retail as one of its measures to contain commodity prices. A group of secretaries of the departments of industrial policy and promotion (DIPP), food and public distribution, food processing industries and the Planning Commission is working on [...]
February rings in with never before offers from The MobileStore Customers at TMS to get booklet containing wide range of discount vouchers for high-end travelling destinations, eating-out, lifestyle and holidaying Upto 30 % off on select handsets from top brands, such as, Nokia, Samsung, Blackberry, Motorola, LG, Micromax and Spice Mobile Phone accessories free with [...]
The Essar Group-owned telecom retailer, The MobileStore, is planning to add 700 outlets in the next six months. The company already has 1,200 outlets across 200 cities and 45 per cent market share in organised telecom retail. “We will be scaling up our business by 50-60 per cent by the end of March. The time [...]
Shopper’s Stop Ltd along with the declaration of their exceptional Q1FY11 results also announced the appointment of Govind Shrikhande as the Managing Director, effective from July 29, 2010. Shrikhande took charge of Shopper’s Stop Limited as the Customer Care Associate, President & CEO in the month of August last year. The retail giant has since [...]
