New Business Opportunity

Mochi plans 22 new stores by March 2012

As part of its expansion plan, Mochi-branded retail chain of footwear stores, is aiming to open 22 new stores across India by March 2012. The company just opened its first store in Nashik. With this new store, Mochi now has 28 stores in 18 major cities across the country, including nine in Maharashtra (six stores in Mumba, and two in Pune and the recent one in Nashik). Mochi caters to a young, cosmopolitan crowd, offering fusion wear along with some legendary classics for the season. This cozy Gen X shopping den is the right spot to strike for in-store media companies and signage suppliers.

RPG opens flagship cafe in Bangalore

The retail business of RPG group, which runs supermarkets under the Spencer brand, has launched its first flagship café at

Gitanjali Gems unit to add 40 multi-format stores

Gitanjali Lifestyle, a unit of Gitanjali Gems, is going to add 40 multi-format stores under its ‘Maya’ brand in the next three years and expects revenue of 10 billion rupees from multi-format stores. The company would spend 700-800 million rupees annually for retail expansion under the ‘Maya’ brand. The multi-format stores acquired by Gitanjali Lifestyle after it took a 76 percent stake in apparel firm Salasar Ltd will be a new landscape to explore for signage players, such as in-store media companies

Koutons opening 100 new stores

Retail apparel firm Koutons India plans to open 100 new stores and expects revenue to grow by 35 per cent

JK Lifestore in expansion mode

JK Lifestore under JK Masale Group recently introduced its second outlet in West Bengal at Howrah, Kolkata—the first being in Phoolbagaan area in the city. The next store will be at Ballygunge area and the comany is planning to further expand more in the city, a total of eight to 10 stores in next three years, and spent an estimated Rs 6 crore on the proposed expansion. The new high-end JK Lifestore will be an opportunity for in-store media companies

Marks & Spencer to scale up India operations

Marks & Spencer, the company present in India through a JV with Reliance Retail, is also looking at increasing its product range in the country. The company has 14 stores across seven cities in India and further plans to open at least 50 new stores over the next few years. The company believes that India offers significant expansion opportunities and the potential is huge with a wider range of products, bigger M&S stores and a better brand experience overall.

Spain's Zara rolling out 5 outlets next year

Spain’s Inditex, Europe’s largest clothing retailer, is foraying into the Indian market by rolling out first five branches of its flagship Zara brand next year. Starting in New Delhi early in the year 2010 followed by Mumbai and then other cities, Zara’s new stores over the next few years will be hitting the Indian market in a big way. Industry experts believe that the move will lend a big business opportunity to in-store media companies

Shri Kannan on expansion mode

Coimbatore-based Shri Kannan Departmental Stores is expanding its network in the Kongu region. It also plans to enter Chennai after

Spain's Zara to walk into India

Spain’s Inditex, Europe’s largest clothing retailer, is foraying into the Indian market by rolling out first five branches of its

Bharti Retail entering ino new zone

Bharti Retail is looking to enter a new zone by 2010 end, which could either be the western or southern part of the country. Currently, the retail giant’s operations are concentrated only in northern India through its 70 Easyday neighbourhood retail stores and Easyday Market compact hypermarkets and a single cash-and-carry store through its joint venture with Wal-Mart. Bharti Retail has drawn up a 10-year roadmap till 2017, by when it plans to invest $2 billion across its formats, for which it will need to raise funds. Such new expansion move of the retail giant will open a new window to the country’s signage sector,

Dandy plans 100 outlets by 2011

Dandy Collection, leading manufacturer and exporter of fashion accessories under its own brand worldwide, has opened its first company-owned exclusive showroom in New Delhi and the company also plans to have 100 plus franchisees by the end of 2011.

ChicKing opening 100 outlets in India

NRI promoted fast food chain ChicKing Fried Chicken is planning to open 100 outlets in India by 2012. Recently the 16th outlet was launched at Aluva, Kerala, which was inaugurated by Rubina Ali Quereshi, Ayush Khedekar, Tanvi Lonkar and Azharuddin Mohammed, child actors of Oscar winning Slumdog Millionaire. Fourteen more outlets would be opened in India taking the total outlets to 30 by 2009 end.

Planet M opening 500 new stores

Planet M, one of the largest entertainment and lifestyle chains in India, opened a new store at Elgin Road in the city as part of its elaborate expansion plans. But the company is planning to set up 500 outlets, 75 of them in the metros, by the end of this financial year. Currently, Planet M has 150 stores across 41 cities in India.  The new stores encompassing three formats-MegaStores covering more than 3000 sq ft

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