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Indiaretailing Bureau

Traditional retailers want modern formats: CAIT

According to a survey commissioned by the Confederation of All India Traders (CAIT), traditional retailers in the country are in favour of converting into...

Straps to shut shop

Oswal Retail, a subsidiary of Punjab-based Oswal Group, has decided to shut down all outlets of ‘Straps’ as it plans to wind up its...

Videocon bold on cash-and-carry competition

Venugopal Dhoot-promoted Videocon Industries is prepared to face the tough competition in the cash-and-carry business. With an initial investment of about Rs 400 crore,...

Co-operative Group to takeover Somerfield

The UK-based Co-operative Group has planned a complete takeover of its rival chain Somerfield. The deal is estimated to be pegged at around £1.6...

New store formats and home furnishings from Nalli

Targeting high-end sari buyers, Chennai-based Nalli Silks has introduced a new format of stores called Nalli Next. The stores will retail the entire Nalli...

‘You don’t have to spend nine for a sip of wine’

A glass of red wine is still considered to be a luxury in India. Wine manufacturers, for long, have been ruing the fact that...

Indian high streets are the most expensive in the world: JLLM

According to a study on leading high streets of India conducted by Jones Lang LaSalle Meghraj, shopping hubs including Connaught Place and Khan Market...

Catmoss plans overseas expansion

Kidswear brand Catmoss has announced that it will invest around Rs 400 crore to expand the number of its outlets to 500 in India...

Spencer’s to expand Books & Beyond

Spencer’s Retail, part of the RPG Group, has plans to add around 15 Books & Beyond stores by end of this fiscal.Announcing this at...

G+G to create family retail brand for Madura

Gaj + Gustavsen (G+G), an integrated branding firm known for building and revitalising consumer brands, today announced that it was retained by Madura Garments,...

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