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Posted: March 10th, 2010, 11:50pm EST
Kumar Mangalam Birla’s retail venture, Aditya Birla Retail, is reportedly open to roping in a financial investor to fund its expansion plans.
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Posted: March 8th, 2010, 2:31pm EST
Mall culture is still in nascent stages in the country when compared to developed and other developing countries.
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Posted: March 7th, 2010, 4:54am EST
Aditya Birla Retail, the retail arm of the Aditya Birla Group, aims to be an USD 2.5-billion entity by 2017-18.
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Posted: March 5th, 2010, 1:36pm EST
After a phase of consolidation, billionaire Micky Jagtiani-owned Max Hypermarkets, which operates Spar-branded superstores, plans to expand its presence to new geographies and open 25 hypermarkets by 2012.
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Posted: March 3rd, 2010, 1:44pm EST
Aditya Birla Retail plans to invest Rs 1,800 crore over the next eight years to scale up its 'More' hypermarkets across the country.
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Posted: March 1st, 2010, 1:34pm EST
TPG may take over the assets of the troubled Vishal Retail and convert it to a cash-and carry operation that will see the exit of RC Agarwal, who built a nationwide chain out of the shop he founded in Kolkata 24 years ago.
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Posted: February 28th, 2010, 2:17pm EST
Retailers are once again scaling up operations in the metros, buoyed by increasing consumer spending and low rentals that remain one-fourth lower than the peak levels of 2007.
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Posted: February 24th, 2010, 9:08am EST
Bharti Retail entered Rajasthan by launching the state’s first compact-hyper store ‘easyday Market’ in Jaipur.
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Posted: February 23rd, 2010, 2:36pm EST
UK-based retail major Mothercare on Tuesday received government approval to invest Rs 25.87 crore in a retail joint venture
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Posted: February 23rd, 2010, 12:31am EST
The wholesale prices have, in most cases, dropped to a fraction of what they were at the beginning of December or January, but there has been only a marginal slide in retail prices.