subhiksha

Retail in news

29 jun 2008

Over the weekend, there were lot of happenings centered around the retail sector. With news, announcements and plans coming up of various players. Here is a snapshot of all. Future Group is restructuring its Big Bazaar operations by splitting it into two entities.

Pantaloon to focus on neighbourhood stores

06 aug 2007

Pantaloon to focus on neighbourhood stores
After hypermarkets, department stores, supermarkets and malls, Pantaloon Retail is focussing on rolling out a chain of small discount stores. The small stores will be neighbourhood stores called KB’s Fair Price, with limited varieties and limited services.  The margins on these would be low, but it would offset by economies of scale and lower costs.

Subhiksha extends the low-cost model to Mobiles

03 aug 2007

Subhiksha extends the low-cost model to Mobiles
The largest retail chain in India, Subhiksha having 780 stores in 9 states is replicating its success in grocery, OTC Pharma drugs to mobile phones and its accessories. Subhiksha Mobile currently has 145 mobile stores and plans to open 1000 more in next 6-8 months.

Future Group to expand its telecom retail business

20 jul 2007

Future Group to expand its telecom retail business
India’s top retailer, Pantaloon Retail is forming a new company to considerably scale up its telecom retailing business in a 50:50 joint venture with UAE-based Axiom Telecom, for an investment of $40 million.

Why are Indian retail giants wary of online presence?

21 jun 2007

Why are Indian retail giants wary of online presence?
A lot has been said and written about the growth of organised retail market in India and how big corporates, either solely or though foreign partners, would change the landscape of the country’s retail scenario with huge investments and nationwide presence.