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Retail is vibrant with retailers rolling out expansion plans, invading new markets and opening up new stores. The section tracks down the news related to the store launches, the locality, the designing aspects, etc.

Showing 1 - 15 Articles out of 52

In a recent move, Kishore Biyani-led Future Lifestyle Fashions has recently split off one of its leading brand Lee Cooper into a new step-down subsidiary named Future Specialty Retail. Further the company has also planned to issue Rs 250 cr of compulsory convertible preferential shares to this new fully-owned department. This fund

BY Indian Retailer Bureau  |  Oct 03, 2016  |  comments ( 0 )  | 

Patanjali, an Ayurvedic brand of Yog Guru Baba Ramdev, is falling short to fulfill the demand of its retailers. The brand, which recently announced that it is planning to beef up its production line, has not been able to maintain a healthy supply to its retailers. Patanjali has signed exclusive deal with Future Group and sells its

BY Indian Retailer Bureau  |  Aug 09, 2016  |  comments ( 0 )  | 

Shoppers Stop Ltd (SSL)today reported a retail turnover of Rs.845.4 crores for the quarter ended June 30th, 2016 as against Rs.775.3 crores in the corresponding period last year. With 81 stores across 37 cities in India, Shoppers Stop continues to grow and expand its retail footprint. This quarter, SSL added four Shoppers Stop

BY Indian Retailer Bureau  |  Jul 30, 2016  |  comments ( 0 )  | 

Godrej consumer products are moving fast in the market and the result reflects in company’s profit figures. As per the company’s data, Godrej consumer products have registered a 12 per cent (Rs 152 crore) increase in profit in the first quarter ended in June. The company who has a very wide range of consumer products

BY Indian Retailer Bureau  |  Jul 29, 2016  |  comments ( 0 )  | 

With the festive season just around the corner, Sony India is aiming to capitalise on it. The company is targeting a 30 per cent growth in sales in this current fiscal. Last year, company had managed to pump around Rs 10,000 crore and this year, it is looking positive of beating its previous record. Sony has already put its foot on

BY Indian Retailer Bureau  |  Jul 27, 2016  |  comments ( 0 )  | 

Forever Mark, a jewellery brand of De Beers is eyeing to increase its sales growth to 30 per cent in India this year. Since the prices of diamonds have stabilized globally, the brand wants to capture the nerve of the Indian customers who are more inclined towards gold rather than diamonds. Stephen Lussier, CEO, Forever Mark said

BY Indian Retailer Bureau  |  Jul 25, 2016  |  comments ( 0 )  | 

Toonz Retail is planning to ramp up its expansion spree by opening around 50 stores in two years. With this move, the retail outlet that excels in retailing kidswear and toys, also aims to hit the target of  Rs 100 crore in sales by FY18. Further strengthening its retailing business, alongside Toonz stores, it will be also be

BY Indian Retailer Bureau  |  Jul 25, 2016  |  comments ( 0 )  | 

ITC’s recent report revealed that the company has been performing extremely well and its net profit has taken a jump of 10 per cent. The report also stated that this fiscal first quarter, ITC’s revenue has also increased by 8.3 per cent. Though the company has not revealed the details and specifics that resulted the

BY Indian Retailer Bureau  |  Jul 22, 2016  |  comments ( 0 )  | 

Reliance Retail has been flying high by registering a hike in its profit percentage by 21.2 per cent in the first quarter. The retail arm of Mukesh Ambani’s Reliance industries has reported a surge of Rs 240 crore Profit Before Depreciation, Interests and Tax (PBDIT) in the first quater ending June 30 of the financial year

BY Indian Retailer Bureau  |  Jul 16, 2016  |  comments ( 0 )  | 

India’s captain cool, Mahendra Singh Dhooni who has made the country proud on many occasions, is riding high once again and this time for his footwear and apparel brand Seven. According to the top company executive, Dhooni-baked Seven brand has been making waves in the market and just within three months of its operations, the

BY Indian Retailer Bureau  |  Jul 15, 2016  |  comments ( 0 )  | 

One of India’s favorite brand and makers of Good Day and Bourbon biscuits Britannia, reported a 14% rise in its fourth quarter profit because of higher sales of its biscuits. The Net profit rose from Rs 167.25 crore to Rs 190.23 crore, for the fourth quarter ended March 31, a year earlier. Net sales and net of excise duty

BY Indian Retailer Bureau  |  May 21, 2016  |  comments ( 0 )  | 

Hindustan Unilever (HUL) has achieved 7% growth in the fourth quarter ended March 31, 2016, at Rs 1,090 crore. Amid the quarter, the domestic consumer business grew at 4%, with 4% underlying volume growth. Growth in the quarter was impacted by the phasing out of excise duty incentives, a one-time credit for excise duty refund in

BY Indian Retailer Bureau  |  May 09, 2016  |  comments ( 0 )  | 

Reliance Retail, a subsidiary company of Mukesh Ambani-led Reliance Industries, has undergone a 4.3 per cent sequential decline in revenue of the 4th quarter ending March, 2016 at Rs 5,781 cr, unveiled the company in its earnings announcement. The company posted a revenue of Rs 6, 042 cr in the 3rd quarter of FY16. The revenue of

BY Indian Retailer Bureau  |  Apr 23, 2016  |  comments ( 0 )  | 

With a view to boost international business, Godrej Consumer Products Limited (GCPL) as part of its wider strategy has signed an agreement to acquire Strength of Nature LLC (SON), a hair care products firm. US-based SON has significant presence in Africa and the Caribbean, and is one of the fastest growing companies in the hair

BY Indian Retailer Bureau  |  Apr 02, 2016  |  comments ( 0 )  | 

As per the Gujarat Cooperative Milk Marketing Federation (GCMMF) that sells dairy products under the Amul brand, its provisional turnover grew by 11 per cent to Rs 23,005 crore in the concluded fiscal. R S Sodhi, Managing Director of GCMMF said that inspite of not increasing the prices of milk last year, the company has achieved

BY Indian Retailer Bureau  |  Apr 02, 2016  |  comments ( 0 )  |