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S Kumars targets Rs 500 crore sales from new apparel
Posted: July 30th, 2010, 5:10pm EDT
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S Kumars Nationwide Limited, a leading textile and apparel company targets to achieve sales of Rs 500 crore in the next three to four years from its newly launched apparel brand World Player, said Johnny John, COO - World Player here today. -
Shopper's Stop net quadruples to 10 cr on higher sales
Posted: July 29th, 2010, 4:48pm EDT
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Shopper's Stop, retail arm of K Raheja Group, has quadrupled its quarterly net profit to Rs 10 crore on higher sales. -
Small family-run supermarket chains in South India mull expansion
Posted: July 29th, 2010, 2:49pm EDT
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Small, family-run supermarket chains pose challenge to big corporate retailers in South India. -
Vishal Retail lenders vet rivals? bids
Posted: July 28th, 2010, 6:01pm EDT
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The lenders to Vishal Retail on Wednesday compared rival proposals from the Future Group and private equity firm TPG at a meeting held in New Delhi. Sources from the banking sector said no conclusive decision was taken. -
Wal-Mart India growth faces supply chain hurdle
Posted: July 28th, 2010, 10:16am EDT
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Retail giant Wal-Mart, still limited by rules barring multi-brand foreign retailers in India, expects supply chain woes to make fast expansion in the country difficult, the chief of its Indian joint venture said. -
Future Group to open two more Big Bazaar Family Centres
Posted: July 28th, 2010, 9:53am EDT
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Kishore Biyani-run Future Group's Big Bazaar Family Centre with its focus on community retailing, intends to open two new such centres and also convert existing Big Bazaar stores to this new business model, a top company official said. -
CCD plans supply chain model to cut cost
Posted: July 27th, 2010, 3:43pm EDT
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Cafe Coffee Day (CCD), India?s largest coffee retail chain, is working on a new supply model to cut cost by assembling food at its outlets. -
Lifestyle likely to post profit after 10 years of ops
Posted: July 26th, 2010, 3:24pm EDT
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Lifestyle International, the Indian unit of billionaire Micky Jagtiani?s $3.2 billion Landmark Group, is on course to post its first profit in more than 10 years of operations, a senior official said. -
Vishal lenders likely to support Future Group's proposal
Posted: July 26th, 2010, 3:00pm EDT
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Lenders to Vishal Retail (VRL) are likely to support a debt restructuring proposal from Kishore Biyani's Future Group, disregarding a rival offer from private equity firm TPG. -
Bharti, Wal-Mart may have to restructure partnership
Posted: July 24th, 2010, 2:15am EDT
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Wal-Mart Stores Inc may have to change its partnership structure with Bharti group if the government pushes through a controversial new rule governing wholesale trade.