Rock Cafe opens first franchise outlet in New Delhi
Hard Rock International, a globally-recognised music,
entertainment and dining brand, has opened its maiden
Hard Rock Café in New Delhi. The new 7,000 sq ft cafe
bar and retail outlet, India’s fourth Hard Rock Café,
operated by franchisee HR Cafe India offers guests American
fare in a rock 'n' roll atmosphere at DLF Place, Saket.
Meanwhile, the other three cafes are located in Mumbai,
Bangalore and Pune. More...
revamps biz model
the US-based fast food chain, which operates through
a wholly-owned subsidiary, Subway Systems India, is
now trying to re-work its business plan in the country
as it plans to push for a profit-sharing model with
real estate owners. More...
opens maiden franchise outlet in Africa
Brands Inc on Wednesday opened its first of three planned
TAF franchises in Africa. The newest store for TAF,
formerly known as The Athlete’s Foot, is located in
Game City Mall in Gaborone, Botswana. Two others are
planned for Botswana and Namibia over the next 10 years,
agency reports. More...
confident about entering Russia
Stores Inc said it's "confident and hopeful" about entering
the Russian market. Meanwhile, the company has set up
an office in that country a year ago to study the market
and explore opportunities, agency reports. More...
luxury brand opens flagship store in Shanghai
luxury brand 1436 has opened a flagship store in Shanghai
to explore the market in Shanghai and the eastern area
of China, agency reports. More...
Resources Enterprise to trim supermarket expansion plan
Kong-listed investment holding company China Resources
Enterprise Ltd said on Friday that it will open 200
supermarkets in mainland China and Hong Kong this year,
down from the 300 it planned previously, Reuters reported,
citing Chen Lang, managing director of China Resources
Enterprise, as saying. More...
Retail plans more small stores under Croma brand
Retail Ltd, a 100 per cent subsidiary of Tata Sons which
runs Croma -- a countrywide chain of multi-brand consumer
electronics and durables, plans to open more small stores
this financial year as a real estate slowdown has made
it difficult to get larger stores. Further, the company
also plans to sell more products under its own label
in a move to step up sales, reports The Wall Street
Retail plans 18 More hypermarkets in 2009-10’
Birla Retail Ltd, which operates 645 supermarket stores
under the More brand, has announced plans to add 18
More Megastores -- its hypermarket brand -- in two years.
Six outlets will be opened this fiscal, mostly in the
metros and tier-II cities, and the rest will come up
next fiscal. These stores will have an average area
of 55,000 sq ft. More...
two-month-long standoff between producers and multiplex
owners over revenue sharing finally ended today following
weeks of close door deliberations between the two parties
which continued till the wee hours of this morning. More...
seeks industry status for organised retail sector
chamber Assocham has asked the government to accord
industry status to organised retail sector, which would
improve investment inflows into the sector and increase
its share in this segment. More...