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National News |
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 Croma to open seven new stores
Infiniti Retail has opened its 25th Croma store at Phoenix Mills, South Mumbai spread over 15, 000 sq ft area. The total investment on the store is around Rs 4 crore of which 1.9 crore has gone into fittings and fixture and Rs 2 crore into product inventory. The store ... read more
03-01-2009 00:00:00 09 |
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 Future Group is bullish about the coming months
03-01-2009 00:00:00 09The last quarter of 2008 was good and they expect the coming season to be on target. |
 Retailers put cost saving initiatives in place
02-01-2009 08:34:08 AMIf all such efforts even translate into 2-3 % improvement in gross margins, it would ultimately secure their net profit even in a period of stagnant sales. |
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 Mall retailers defaulting on rentals?
02-01-2009 08:27:04 AMIn defense of the retailers the, RAI has said that there may be a possibility that the retailers are trying to re-negotiate terms. |
 Subhiksha considers raising debt
02-01-2009 08:10:14 AMThe retailer plans to raise Rs 300 crore in 2009 for funding the debt component of expansion as well as incremental working capital needs. |
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 Future Group not keen to anchor
31-12-2008 00:00:00 08Future Group now plans to open stores along with other retailers so that it doesn’t have to go through a long gestation period to reach optimum sales. |
 Reliance Retail acquires fresh real estate
30-12-2008 08:15:49 AMReliance Retail is reported to have acquired as much as one million square feet of fresh real estate in the last 3 - 4 months. |
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 36 malls launched nationally in 2008
30-12-2008 08:05:16 AMOut of the proposed 75 mall projects that were to come up in the top eight cities, only 36 actually launched. |
 Future Group to buy Le Marche
30-12-2008 08:01:04 AMFuture Group is planning to buy out Le Marche, the hypermarket business of Fu-Com Retail India. |
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 Students' stir forces govt. to cancel Reliance Retail lease
30-12-2008 00:00:00 08Bowing to pressure from students, the Orissa government has decided not to hand over land belonging to the OSRTC in Berhampur to Reliance Retail. |
 Levi Strauss to shut Dockers ?
30-12-2008 00:00:00 08As per a report in Economic Times, Levi Strauss is rolling back its semi-formalwear brand Dockers. |
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 Rural buying of white goods is on the rise
29-12-2008 09:02:22 AMWhite goods such as televisions, refrigerators, and washing machines are being supported by increasing demand from rural and semi urban markets. |
 Reshuffle at Reliance
29-12-2008 08:46:22 AMReliance Retail has shuffled the roles of top executives and merged roles across its three formats – hyper, super and convenience stores. |
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