India is to welcome international coffee chain Starbucks after having an equal partnership with the Tatas early this year. The US coffee chain will inaugurate its first store in South [ … ]
Infiniti Retail acquires Woolworths Wholesale for 200 crores
Infiniti Retail Ltd, a wholly owned unit of Tata Sons, avowed that it is acquiring Australian retailer Woolworths’ wholesale business in India for about Rs 200 crore. The declaration came [ … ]
Planet Retail gives up franchise rights of three brands
Planet Retail has made its way out from the franchise agreements with three fashion brands as part of its business reformation exercise. The brands includes departmental store chain Debenhams and [ … ]
Godrej Appliance to enter e-commerce business through Indiatimes
Godrej Appliance, a major consumer brand, launches is its first online store after signing an exclusive partnership deal with Times Internet’s online shopping portal ‘Shopping.indiatimes.com’. Till now, Godrej Appliance is [ … ]
Surat to get first shopping center of 600,000 sq ft by VR
Virtuous Retail (VR), a retail real estate company supported by global investment firm, The Xander Group Inc., has set a target to build as many as eight large format retail [ … ]
Walmart store opened in Hyderabad
Following the release of restrictions on the foreign brands to invest in India, Bharti Walmart has opened its first ‘Best Price’ modern retail wholesale cash and carry store in Hyderabad. [ … ]
Barclays to take back its 3 branches from India
In an ironic decision, where most of the foreign branches looking forward to expand its branches in India, Barclays, British lender, had decided to shut three of its nine branches [ … ]
Karnataka not in consent to welcome FDI
Standing on the decisions of not welcoming FDI in India, Karnataka resolute not to allow Foreign direct Investment in the state, Agriculture Marketing Minister SK Bellubbi asserted. The Minister said [ … ]
Reliance brand signed major franchise deal with Stuart Weitzman
Reliance industries Group is yet again launching a grand global fashion footwear brand in India after successfully bringing in UK’s footwear and accessories group, Dune through franchise route. Reliance brand [ … ]
International hospitality firm to open 150 hotels by 2020
Major expansion declaration is made by InterContinental Hotels Group (IHG). The stratergy is to bring in 150 hotels across India by 2020. “Our aim is to have 150 hotels open [ … ]