Bharat Petroleum discuses with Shell India to buy retail outlets

Bharat Petroleum Corp Ltd is in talks with the Indian unit of Royal Dutch Shell PLC (RDSA) to buy up to 30 fuel retailing outlets. The discussion between the two companies will result in Shell to sell 20-30 fuel outlets to Bharat Petroleum.  Shell recently announced that it was selling some of its fuel outlets and land sites in India and establishing new outlets as part of its strategy to reorganise the business. Indian Oil Corp Ltd and Essar Oil Ltd have also expressed their interest to buy the fuel outlets of Shell India. New face of the retail outlets in the oil sector will bring in a new business opportunity to the signage players as well as PSPs, fabricators, sign suppliers extensively engaging in the sector.

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Luxor aims to cash in on Delhi Commonwealth Games 2010, planning new outlets

Buoyed by its licensing deal for the Commonwealth Games 2010 to be held in New Delhi in October, leading pen maker Luxor is expecting a 10-15 percent surge in sales during the month of August and October on the back of the merchandise sales for the upcoming games. It expects sales to jump by up to 15 per cent at the time of the sporting extravaganza. Besides, the firm will also ramp up its retail presence to 100 stores, in the Tier II and Tier III cities in the next three years from its existing 20 stores in India. For those signage players engaging in retail outlets will be delighted in Luxor’s growth trend.

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Private companies plans fuel pumps in small cities

With the government allowing petrol prices to be market driven, private retailers are now looking to tap urban markets, especially the smaller cities, where auto demand is on the rise. Essar Oil, which is now operating 1,340 outlets, is planning to increase to 1,700 by March 2010. The new retail outlets will be distributed across the country, including cities across the country. Now, these fuel outlets will pump up new business opportunities for those signage players engaging in this inbdustrial segment.

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Future Group to relocate small format outlets as shop-in-shops

Kishore Biyani-promoted Future Group announced that it is undertaking an internal consolidation, which may see some of the stand-alone stores moving into large format showrooms as shop-in-shops. The group may also bring its partners LeeCooper and Replay’s, with whom it has tied ups, to big format stores. The company’s consolidation programme is on and already started relocating some of its small format standalone stores inside the large format outlets as shop-in-shops. Such new set-ups in the Future Group retail outlets would encourage the in-store signage companies to unfold a new business.

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Wal-Mart bullish to expand 10-12 stores in near future

Global retail major Wal-Mart after its tie-up with Bharti has said that it is committed to India for a long time and the company recognises value of the latter as its Indian partner. As the Indian partner has chalked out a bullish expansion plan across the country, it has been decided that Wal-Mart is committed in setting up 10-12 ‘Cash & Carry’ stores in the next 12-18 months. This new move will definitely help to generate new business in the signage sector, offering new business to in-store signage companies, PSPs, sign suppliers, fabricators, etc.

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MRPL plans to roll out 500 fuel outlets

Mangalore Refinery & Petrochemicals Ltd (MRPL) is planning to open 500 retail fuel outlets in southern India after the government decided to de-regulate petrol prices in the country. The company, which is a subsidiary of Oil and Natural Gas Corporation, currently operates one petrol pump and its focused regions are Karnataka, Kerala, Tamil Nadu and Goa for setting up the new retail outlets. The new MRPL fuel outlets will ignite a new business opportunity to those signage players including PSPs, sign suppliers, fabricators and others engaged largely in the sector.

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