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SEPTEMBER 02, 2009
 

Koochie seeks franchisees to expand retail footprint

Koochie, a Bangalore-based state-of-the-art outdoor playground equipments manufacturer, is seeking franchisees to expand its retail business pan-India. The company plans to have atleast 20 franchisees by December 2010. In the first phase, the company is looking to have franchisees in metros and later move to tier II and III cities. More...

Hope Floats

Notwithstanding a recent KPMG study that predicts slowdown in the retail sector to continue for another 12-18 months, there are encouraging signs of retail revival. The sector is now in correction mode, shedding some of its flab accumulated as a result of indiscriminate expansion. More...

US-based Wingstop to enter Mexico via franchising

Wingstop, the national chicken wing chain that sells one million wings daily in the United States, is spreading its wings across the border. The Dallas-based chain announced its first international franchise agreement for 10 restaurants in the State of Mexico and Mexico DF over the next two years, agency reports. More...

Baskin Robbins plans to open 40 new stores

US-based ice cream store franchise Baskin Robbins is expanding nationally as it plans to open 40 new outlets in Denver, Colorado, agency reports. More...

Anta to acquire Fila Brand from Belle

According to a report published by the Chinese sportswear company Anta, it has signed an acquisition agreement with Belle International, one of the largest retailers of sportswear in China, agency reports. More...

Clarks chief executive Peter Bolliger to retire

Clarks has announced its chief executive Peter Bolliger will retire next year, agency reports. More...

Intex to invest Rs 100 crore on retail biz; to foray into international market

Electronics company Intex Technologies has announced plans to invest Rs 100 crore in its new retail venture for opening 60 exclusive stores in the country by 2011, besides planning to enter international markets this financial year. The company also said it expects to double its sales to Rs 800 crore this fiscal and is planning to introduce CDMA phones and UPS with advanced features later this year. More...

Shoppers Stop's top 150 take 15% pay cut

The K Raheja Corp-controlled department store chain Shoppers Stop has cut its management ranks as is restructures operations to cut costs and swing back to profitability, reports Financial Chronicle. More...

Cinepolis to invest Rs 800 crore in south India

Mexican cinema chain Cinépolis will invest around Rs 800 crore in south India for setting up multiplexes across the four states. The company has lined up Rs 1,700 crore for its proposed expansion plan in the country, reports Business Standard. More...

Sathyam Cinemas to unveil 8-screen multiplex in Chennai

Sathyam Cinemas is to launch its new eight-screen multiplex at one of the Chennai’s upcoming malls Express Avenue, reports Business Line. More...

Emporio sees business bounce back

DLF's luxury mall Emporio, after opening up amid a slowdown last year in August, is now seeing its business catching up this year, reports Financial Chronicle. More...

Colgate ropes in SRK as its new brand ambassador

FMCG giant Colgate Palmolive has signed on SRK to be its new brand ambassador, reports Economic Times. More...

 
 
 



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