Aditya Birla Retail Ltd
Food
Samara-owned Witzig Advisory to acquire Aditya Birla Retail
Samara Alternative Investment Fund-owned Witzig Advisory Services will fully acquire Aditya Birla Retail Ltd (ABRL), which runs 'more' chain of stores, for an undisclosed sum, according to a regulatory filing.According to a PTI report: In a BSE filing, RKN...
Retail
Aditya Birla Retail posts Rs 649.42 cr loss despite 21 pc increase in revenue
Aditya Birla Retail Ltd (ABRL) which operates supermarkets and hypermarkets under the brand More, has posted losses in 2015-16.
The operator of More supermarkets, however, also reported a 21.3 per cent increase in sales in the previous financial year, despite losses...
Retail
Aditya Birla Retail aims 50 to 60 stores a year
Aditya Birla Retail Ltd (ABRL), an Aditya Brila Group subsidiary, stepped into retail arena around seven years ago with “More” retail chain. The acquisition of southern retail chain Trinethra in 2006 marked ABRL’s entry into retailing. Soon, the company...
Retail
Aditya Birla Retail to enter speciality retail segment
Aditya Birla Retail Ltd, the retail arm of the USD 29.2 billion diversified Aditya Birla Group, today said it is considering to enter speciality retail segment, even as it plans to add over 160 new stores under its 'more'...
Retail
India Shopping Centre Forum 2011 begins on positive note
The India Shopping Centre Forum (ISCF) 2011, a two-day event organised by IMAGES Group, kick started with the inaugural address by Jayant Kochar, group director & CEO, IMAGES Group who threw light on the importance of the conference that will...
Progressive Grocer
Multiplier Effect
One of the fastest growing categories in the Indian household products industry is the multi-purpose household cleaning and laundry products. Though customers hardly gave it its due attention until a few years ago, a number of factors, including the...
Retail
Presenting the awards for Coca Cola Golden Spoon Awards 2010
‘Coca Cola Golden Spoon Awards’– Images awards for excellence in food retailing - presented on 4th March at the Food Forum India evening of food titans was a grand corporate ceremony with award presentations by business leaders, and high-gloss...
Retail
World’s best retail minds converging at IRF ’09 – 16th & 17th Sep, Renaissance, Mumbai
Indian retailers are upbeat once again as consumption picks up indicating more money coming in to the hands of customers. Researchers say that private consumption continues to grow at double digit - Rs18 trillion projected for 2010 and that...
Retail
FM bats for long-term ‘inclusive growth’, drops short-term crowd-pleasers
As the trading day began, most stock market players were predicting a bold, impetus-led Union Budget 2009-10 that would invigorate corporate and retail investors alike. But after handsome gains made in the initial trade in the early morning, the...
Retail
Liberalising retail – the ‘Right’ expectation sans the ‘Left’
The expectation is clear and so is the mandate. The new government has been vested with the power to form a stable government, especially so with no dependence on the Left party alliance. Thomas Varghese, CEO, Aditya Birla Retail...
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Zepto achieves 120% revenue growth in FY24, reports strong financial performance
Zepto reduced its absolute losses, with PAT as a percentage of revenue improving significantly from -63% in FY23 to...
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