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HYPERCITY MODEL
Big Retail is taking on lustre. Future Retail to dilute 10% for Rs 3,000 croreExisting guidelines do not allow 100 per cent overseas investment in multi-brand retail.- This Indian businessman is not afraid of Amazon's growing cloutWhen Amazon enters the battlefield, Kishore Biyani’s brick-and-mortar will test the American firm's strategy, stamina and strength.
- Hypercity deal a win-win for all, to add 13-14% to our turnover: Kishore Biyani, Future GroupHypercity has few marquee locations. As a retail, I would love to have those locations, he says.
- MintM raises raises undisclosed amount in funding led by Mumbai Angels and Times Internet‘Magnet’ has been adopted by outlets like Star Bazaar, Jawed Habib, Spar, HyperCITY, Aviva Insurance, Printo and overseas outlets including...
- Five-month-old PepperTap raises $10 million to deliver groceries in 10 more citiesThe Gurgaon-based company will use the money to fuel expansion into 10 more cities by the end of the year, including Bengaluru and Pune.
- Online grocers such as Amazon's Kirana Now and LocalBanya turn focus on timely deliveryThe service offers convenience to customers and increases business for local stores. It is also cheaper for entrepreneurs to set up.
- Food retailers including Reliance, Aditya Birla Retail, Wal-Mart, Bharti accumulate Rs 13,000 cr loss in FY14: CrisilCrisil said two large players that have managed to become profitable are Future Value Retail Ltd (Future Value) and Avenue Supermarts Ltd.
- Vivacity Mall raises Rs 450 crore from Indiabulls FinanceSheth Developers and Realtors India-promoted Vivacity Mall has raised debt worth Rs. 450 crore from Indiabulls Finance.
- New store additions have hit Q3 numbers: Govind Shrikhande, MD, Shoppers StopIn a chat with ET Now, Govind Shrikhande, MD, Shoppers Stop, discusses the firm’s Q3 numbers and margin pressure.
- Shoppers Stop tweaks Hypercity model in pursuit of turnaroundShoppers Stop Ltd is changing business model for its loss making hypermarket stores, Hypercity as the format has taken longer than expected...
- Pioneer of organised retail B S Nagesh ties up with Aptech to sharpen skills of retail workforceTrrain Foundation has tied up with one of the education companies, Aptech, which has developed content for a short-module course.
- We hate the word 'discount': Govind Shrikhande, MD, Shoppers StopGovind Shrikhande, the managing director of Shoppers Stop, hates the word ‘discount’. But it seems to be working for the Rs 1,600-crore ret...
- Top retail chains offer plethora of consumer-oriented servicesDestination retailing is the new buzz in the country's $20-billion organised retailing sector. Besides their regular offerings, top retaile...
- We hope to generate Rs 200 cr for expansion: Govind Shrikhande, MD, Shoppers StopIn an interview with ET Now, Govind Shrikhande, MD, Shoppers Stop, talks about the cost of real estate as well as their expansion plans.
- Funskool seeks to grow in toy market with new magnetic rangeToy maker Funskool India on Thursday said it has launched a new range of magnetic construction toys 'Magnext' as part of the company's plan...
- UK retail major Argos to pull out of IndiaCatalogue retail major Argos is winding up its two-year trial operations in India that include five stores in Mumbai and a telephone and in...
- Retail JV with Bharti critical for Wal-MartThis partnership will be critical as the US retail giant has failed in countries like China, Japan, South Korea and Germany.
- Rahejas to invest Rs 1,500 cr in hypermarketsThe K Raheja group has lined up an investment of around Rs 1,500 crore for setting up 68 hypermarket stores.
- It's love all despite mallsGlitzy shopping malls may be the flavour of the season, but the retail industry thinks they will not hurt the country’s legion of mom and p...
- Prozone to invest $1 bnMall developer Prozone, a wholly-owned subsidiary of Provogue (India) Ltd, on Wednesday said it will invest close to $1 billion for buildin...
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