K Educations eyes 150 new playschools via franchising
K Educations Pvt Ltd, the New Delhi-based educational
major which runs BACHPAN (playschools) and Academic
Heights Public School (senior secondary schools), has
announced plans to roll out over 150 playschools and
25 senior secondary schools via the franchise route
in the current fiscal. At present, the company runs
330 playschools pan-India under the same model. More...
food franchise group to buy homewares and cafe chain
Franchise group Allied Brands is set to buy Villa &
Hut, a cafe and homewares business, for $1 million,
agency reports. More...
Donuts Q1 sales 'steady' in UAE
Donuts, the second largest coffee chain in the US after
Starbucks, opened 16 new outlets in the UAE in the first
quarter of the year and said sales were steady as consumers
grow more cost conscious amid the downturn. Continental
Foods, Dunkin’ Donuts’ franchise holder in the UAE,
opened 16 new outlets in the first quarter at a cost
of $2.2m and said it plans to continue expanding this
year, agency reports. More...
Skin Clinic opens two more new clinics in UAE
Skin Clinic, the largest international skincare clinic
chain, has announced the opening of two more clinics
in the UAE. The new clinics are located at Al Raha Mall
(Abu Dhabi) and Midriff (Dubai). With opening of these
two clinics, Kaya Skin Clinic now has ten clinics in
the UAE, one clinic in Oman and two clinics in Kingdom
of Saudi Arabia. More...
Wal-Mart to invest $100 million within 3-4 years
Wal-Mart Pvt Ltd, the joint venture between Bharti Enterprises
and retail giant Wal-Mart, has opened its maiden cash-and-carry
(wholesale) store in India at Amritsar in Punjab. The
launch was delayed by a few days due to the riots in
the state last week. More...
Stop earmarks Rs 40 crore to open 4 stores in FY 10
retailer, Shoppers Stop, has announced plans to invest
about Rs 40 crore in the current fiscal to roll out
3-4 stores. "We have just opened our 27th store in Hyderabad
and we plan to open 3-4-stores this fiscal at an investment
of Rs 10 crore each," said B S Nagesh, customer care
associate and managing director, Shoppers Stop. More...
Real writes off retail arm investment
Real Estate has decided to write off the entire investment
in its retail arm, which it took over from the Piramals
during the retail boom in December 2007, reports Economic
to expand present outlets, to launch 4 new stores
of pouring money to set up new shops, jewellery retailer
Tanishq has plans to expand majority of its 117 outlets
in 75 cities as the company sees growth in gold and
diamond jewellery market in India despite of slowdown.
While Tanishq will have four new outlets ready in some
time, it will increase its annual average sales per
outlet to more than Rs 80 crore against the present
figure of more than Rs 58 crore, reports Business Standard. More...
Yarn targets kidswear segment
promoters of Punjab-based Indian Yarn are expanding
their branded apparel venture – Vibgyor Business. The
company is targeting the kidswear segment with their
label 612 Ivy League. At present, the brand is available
in Shoppers Stop, Central, Pantaloon and Lifestyle outlets. More...
K Industries to set up luxury mall in Chennai
K Industries, the Chennai-based Rs 150-crore manufacturer
and exporter of garments, is setting up a luxury mall
spread over 40,000 sq ft in the heart of the city. The
new mall, christened Chennai Bergamo luxury mall (Bergamo
is an Italian city known for its rich monuments), is
being set up at an estimated cost of Rs 10 crore (without
land cost) under a new company KKA Buildtech. The four-storey
mall is to come up on Khader Nawaz Khan Road and is
expected to be ready by March 2010. More...
to become Rs 1,000 crore brand this year
Benckiser India (RBIL), the subsidiary of UK-based Reckitt
Benckiser, a global major in the household cleaning
category known for brands such as Dettol and Harpic,
expects sales of Dettol, its top-selling antiseptic
brand in the country to cross the Rs 1,000 crore mark
by the end of present year. More...
100 malls to spring up in India by end-2010: Report
on matching supply with demand, real estate developers
may spring up more than a hundred malls spread over
30-million sq ft in the country by end-2010, a report