Senco Jewellery plans for big retail expansion plan
MC Sen incepted Senco Jewellery in Kolkata’s Chitpur locality. Some nine decades later, his great grandsons Anirban and Abhishek (Sen) are carving out a new retail identity for their business…
Tesco decides to invest $100 million in multi-brand retail
Over a year after India opened multi-brand retail trade to foreign investment, British retailer Tesco Plc has applied to the Government to extend its supermarket chain here. This makes Tesco…
Reliance Retail finds out spots for cash-and-carry format outlets
Reliance Retail has sensed a big opportunity in cash-and-carry, or wholesale retailing. From just one store in March this year, Reliance Market (the wholesale format) has 12 outlets now and…
UniverCell to roll out 150 retail stores
Focusing more on the smartphone growth, Chennai-based mobile retail chain UniverCell Telecommunications in charting out a pan-India expansion, which would see it open 150 company-owned, ‘buy-off-the-shelf’ format stores by the…
Bharti to invest Rs 800 crore annually on retail
In spite of offers for fresh tie-ups, Bharti Group appears set to go solo in the retail business and expand the footprint of its EasyDay stores through fresh investments, estimated…
Lacoste to double retail outlets in four years
French luxury brand Lacoste plans to double the number of retail outlets in the country over the next four years. Currently, there are 41 Lacoste outlets in India, of which…
Retail major Mobile Store plans 50 more new stores in one year
Mobile Store plans to open 50 new stores in the next 12 months and upgrade 100 of its existing 700 outlets to offer various facilities such as finance to customers.…
Single-brand retail scene in India encouraging
From April 2010 to May 2013, the government approved a total of 18 FDI proposals worth $173 million in the single-brand retail sector.In May, it cleared Ikea's Rs.10,000 crore investment…
Swiss retailer Richemont plans to set up single brand retail stores in India
Swiss retailer plans to invest about US$ 25 million in India to set up single brand retail stores in the country. The company, which sells luxury products, including brands like…
Walls + Forms introduces Shop-in-Shop modular flex retail store solution
Walls + Forms has launched Shop-in-Shop, an inexpensive, modular flex retail “pop up” retail store solution for challenging retail times. It was developed as an attractive alternative to unsightly/empty stores…
Swiss Military announces first-phase retail presence in NCR
Global lifestyle brand Swiss Military which forayed into India some time back through the online route is now eyeing the National Capital Region to roll out its first phase of…
Rajesh Exports opening 43 new retail outlets
Rajesh Exports Limited, the Bangalore-based jewellery exporter, plans to open 43 retail outlets under its retail brand SHUBH Jewellers in Karnataka. The company currently operates 82 outlets in the state…