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Forum Value mall to be launched in Whitefield, Bengaluru

The Prestige constructions company, which owns Forum Malls in South India, is set to launch the Forum Value mall in Whitefield in Bengaluru. Speaking to IndiaRetailing, S Raghunandan, CEO, Retail, Prestige Group, informed that the value mall from Prestige...

Vishal Retail opens 2 new stores in last week

Diversified retail player Vishal Retail has opened two new stores in the last week. The first store opened at Saharanpur area in Uttar Pradesh is spread across 3,000 square feet while the second store at Ganganager area in Rajasthan...

Megamart to expand large format stores; to invest Rs 4 bn

Arvind Limited promoted value apparel retailing arm Megamart has drawn up expansion plans for its large format stores, reports The Hindu.“We have planned to set up 25-30 such large format stores in top 20 cities in the next four...

Arvind makes amendment to expedite demerger

Arvind Ltd has announced that the board of directors of the company has amended the composite scheme of arrangement among Arvind Ltd, Arvind Lifestyle Brands Ltd and Arvind Retail Ltd which was previously approved by it in its meeting...

Arvind announces proposal to demerge brands and retail business

The board of directors of Arvind Ltd have announced plans for demerger of its branded apparel business and the retail business (under the Megamart banner) into wholly owned subsidiaries with effect from April 1, 2009.The demergers will be done...

Mahagun Metro Mall gets ‘More Megamart’ as hypermarket

Mahagun (India) Pvt Ltd, a Noida-based real estate developer, has signed Aditya Birla Retail’s ‘More Megamart’ as hypermarket in its upcoming Mahagun Metro Mall in Vaishali, Ghaziabad, Uttar Pradesh. The mall will be operational by mid-2009, informed a top...

Megamart Outlet Centre debuts in Bengaluru

Arvind Ltd promoted value retailing arm Megamart has opened the third store of its large format retail chain ‘Megamart Outlet Centre’. This time, it's in Bengaluru.Spread across an area of 60,000 square feet, the store retails over 200 Indian...

Megamart to bring Cherokee brand in India

Arvind Mills-owned value retail chain Megamart has entered into a strategic tie up with US-based womenswear brand Cherokee to retail latter’s entire portfolio in India. It also targets to touch 250 stores mark by March 2010, 140 up from...

Megamart opens its 100th store in India

Furthering their reach in India – value retail chain store – Megamart from the house of Arvind Limited has recently achieved the 100 mark with its 100th store in Karim Nagar in Andhra Pradesh. Future plans include setting up...

Lalbhai taps PE to expand Megamart

The Sanjay Lalbhai-led Arvind Brands has opened discussions with private equity players for expanding the network of discount fashion chain Megamart. The company is believed to be raising around Rs 700 to 800 crore for funding the expansions.Jayesh Shah,...
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Nothing Before Coffee targets Rs 100 cr revenue run rate by March 2025

Currently, the coffee-house chain is planning to open more than 35 stores over the next three monthsBengaluru: Jaipur-based quick...
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