Friday, June 11, 2010





 

 

 
 
 
 
RETAIL ROUND UP
   

In February the government levied a 12% service tax on rental with retrospective effect from June 2007 - the year when the then finance minister ...

   

The US-based Wal-Mart has sought support from the US government for entering the Indian retail market. The company is reported to be lobbying hard ...

   

The government's recent checks on FDI in wholesale trade and retail is going to affect the ailing Vishal Retail, whose bailout package from TPG was said to ...

   

The Café Coffee Day chain has acquired a Czech Republic-based café chain Emporio for Rs 15 crore. The company already has a presence in Vienna ...

   

Bata India is planning to spend Rs.150-200 crore over the next three years to open new large format stores and renovate existing ones. The company at ...

   

With the opening of its 25,000 sq ft store in Hyderabad, D Mart, the R K Damani-promoted retail chain, has taken the first steps to being a national player. ...

   

The Delhi high court last month barred Vishal Retail from selling its assets for the next six months till the next hearing in Nov. The court was hearing a winding ...

   

Titan intends to become the number one watch brand in the mid-market segment in eight out of the 26 countries in which it operates outside India by 2015 ...

   

Uncertainty continues over the fate of one of the oldest private mills belonging to the textile company Raymond in the Mumbai's suburb of Thane. Even while ...

   
RETAIL IT: WHO USES WHAT
   

 

Format Name Format Type Group Point of Sale Merchandising / Distribution
Jealous Apparel Indus League Shopper - Tally Voyager - Customised
Scullers Apparel Indus League Shopper - Tally Voyager - Customised
Ebony Department Store Ebony Retail Pro Retail Pro
Globus Department Store Globus Wind SS JDA
   
RETAIL EQUITY
   

 

   

Reliance Industries (RIL) invested another Rs 1,220 crore in Reliance Retail Ltd (RRL) in 2009-10, taking its total investment to Rs 5,220 crore. The latest ...

   

After writing off inventory worth Rs 342 crore, discount retailer Vishal Retail recorded a loss of Rs 414 crore in the year ended March 31, compared with ...

   

Archies has reported that that its board has recommended stock split of its equity shares. Each equity share of face value of Rs 10 will be split into five shares ...

   

Shoppers Stop is set to buy another 32% stake in group company Hypercity Retail which runs hypermarkets by the same name. The note asking for shareholders' ...

   
RETAIL FOOTPRINT
   

DO YOU WANT TO KNOW HOW MANY GLOBUS STORES ARE IN MADHYA PRADESH, GUJARAT & MAHARASHTRA ?

To know the answer visit Retail Footprint on retailangle.com ...

   
DID YOU KNOW ?
   
Lilliput is a Rs 415-crore kidswear brand. The company has 240 regular format stores and 250 multi-brand outlets in India, besides being present in 30 outlets in nine countries including China, Nepal and Saudi Arabia. The company now plans to open 8 more stores in countries like Lebanon, Tunisia, Greece, Turkey, Egypt and the Middle-east by the end of this fiscal.
   
The Future Group has announced the launch of Future Innoversity, an academic initiative of its education arm, Future Human Development Ltd. The Future Innoversity will offer full-time, three-year BBA degree and full-time two-year MBA program with specialization in retail and entrepreneurship. Both programs are certified by IGNOU and approved by the UGC.
   
RETAIL BRANDS
   

Spanish fast fashion retailer Zara, a part of the Inditex Group, which has a 51:49% joint venture with Trent, has opened its first store in Delhi. Spread over ...

   

British children's wear brand Adams plans to cut prices by 15-20% by next season to attract the Indian customer. Further, to offset the burden of customs duty ...

   
RETAIL SPACE
   

GVK One, which opened its first mall in Hyderabad, in the up market Banjara Hills, has completed one year of operations, registering leasehold related ...

   
 
   

 

 


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