The Mobile store has launched ‘mobile pe movie free offer’. To avail this offer consumer need to purchase a handset worth rs. 3000 or more. He shall be eligible for offer. As per offer he may get up to 12 movie tickets. consumer shall not be denied offer he shall get minimum two movie tickets. [...]
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. [...]
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 [...]
Mobile handset retailer The Mobile Store today announced the appointment of Srikant Gokhale as its Chief Executive Officer. Gokhale earlier served as the CEO of ‘X-cite’, a large format consumer durables and IT (CDIT) store chain, which was recently acquired by The MobileStore. Gokhale would be responsible for running The MobileStore business and driving the [...]
The Mobile store, mobile retail arm of Essar has acquired CDIT brand XCITE. Xcite is brand name of the company Impact retail. It has consumer durables and Information technology product. The Mobile store was planning to expand its store in CDIT and excite is supposed to provide first hand experience. Xcite brand name will be [...]
Essar group powered ‘The Mobile store’ has been valued rs. 1000 crore. A private equity firm IL&FS has acquired 10% share for rs. 100 crore. It has been confirmed by Essar however details has not been pursed out. The mobile store is India’s biggest mobile retail chain. They have acquired Xcite recently and now sold [...]
Mobile retailing in India is estimated to rs. 28000 crore per year. It is divided among organized trade and unorganized trade. organize trade has only 10-12% share of it rest is done by unorganized trade. Major players in organized trade are The mobile store (Essar group), Hotspot spice (BK Modi group), Planet M (Videocon), One [...]
