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The Great Indian Mall Story: The Rise of the shopping centre industry

The Great Indian Mall Boom began innocuously enough in the early 2000s, with just three malls in existence in the entire country. Nineteen years later, the number has mushroomed to a whopping 650 malls, enabled by the fact that...

Taco Bell signs Burmans as India master franchise, eyes 600 outlets in 10 yrs

Mexican cuisine chain Taco Bell, a part of Yum Brands Inc, Wednesday announced Burman Hospitality as its master franchise partner in India, with plans to open 600 outlets by 2029.According to a PTI report: Taco Bell, which currently has...

Franchising as a model for business expansion in foodservice

Franchise is a business opportunity that can lead to the foundation of a successful business empire. It is a marketing concept adopted by companies for business expansion. When implemented, a franchiser licenses its know-how, procedures, intellectual property, use of...

Yum! elevates Unnat Varma as Managing Director Pizza Hut Asia Pacific

Pizza Hut International on Tuesday announced that Unnat Varma, Managing Director, Pizza Hut India Subcontinent has been elevated to the position of Managing Director, Pizza Hut Asia Pacific effective 1 January 2019. In his new role, he will be...

Increased investments in India’s dairy sector is driving competition

Dairy is witnessing consistent growth in the consumption of value-added products such as flavoured milk drinks, lassi, curd and yoghurt. The Indian dairy market, though dominated by cooperatives, is also witnessing increased interest from financial institutions as an investment...

Supply of retail space up 27 pc in January-June to meet retailers’ demand: CBRE

Property consultant CBRE on Tuesday said the supply of retail space rose 27 percent during January-June period this year in seven major cities to cater the rising demand from domestic and foreign retailers.In its latest report titled ‘India Retail...

Bengal signs MoU for more KFC, Pizza Hut outlets

The West Bengal government on Monday said its Food Processing Industries and Horticulture Department has signed an MoU with Devyani International Ltd for setting up more KFC and Pizza Hut restaurants in the state."This is an expansion plan of...

Pizza Hut marks out India as a key market for global growth

Pizza Hut, a division of US-based Yum! Brands Inc, is betting big on India which has been identified by the fast food chain as one of the key markets for its future global growth, says a top company official. According...

Oberoi Mall to explore Omnichannel route, to launch premium mixed-use retail projects by 2020

Envisioned as a fashion and entertainment destination, Oberoi Mall opened its doors for shoppers on April 15, 2008. Situated on the Western Express Highway and with a GLA of 5,50,000 sq. ft., Oberoi Mall has occupied a significant position...

Yum! Brands reports 2 pc rise in India sales in March quarter

US-based quick service restaurant chain Yum! Brands Inc said its Indian operations of Pizza Hut has reported a growth of six per cent in system sales for the first quarter ended March 31, 2017. KFC, also from Yum! Brands, has...
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Primark, Argos lead the UK’s hottest brands list

Both Primark and Argos achieved a 94% brand awareness among the respondents of the survey followed by Marks &...
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