AUGUST 07, 2009
 

California Pizza Kitchen to foray into India via franchising

California Pizza Kitchen Inc, a casual dining chain with 252 restaurants, will open its first restaurant in India in the summer of 2010, after signing franchise agreements with two partners. More...

Bahrain's Al Safar seals deal with EZ Take Out Burger

Bahrain-based Al Safar Group and US-based EZ Take Out Burger announced a 50-unit, 10-year franchise development agreement for the Middle East, agency reports. More...

Athlete's Foot buys licence deal for $7 million

RCG Corporation Ltd, the Australian investment company, that operates the Athlete's Foot chain of sports shoe shops has paid its US franchise manager $A7.36 ($US6.2 million) million to hold the licence agreement for the next 249 years. In doing so, the company will top up its own bottom line by $A1.2 million a year because it will no longer have to pay royalty fees for the brand, agency reports. More...

Burberry scouts for new partner for fresh India play

Burberry Group, the iconic UK-based luxury retailer, is on the verge of ending its tie-up with the UAE-based Jashanmal Group in India and is instead looking to rope in Indian retailers for a possible tie up, reports Business Standard. More...

Godrej scouting for global acquisitions

The Godrej group is scouting for major acquisitions globally to help it more than double the size of the group's fast moving consumer goods business to Rs 8,000 crore, by 2012. It has set up a dedicated M&A team headed by Navin Gupta, a Godrej Sara Lee employee, to identify acquisitions in overseas geographies, which would allow it to reach its desired goal, reports Financial Chronicle. More...

Gitanjali set to launch 5-6 new retail formats

Gitanjali Group, a manufacturer and retailer of branded jewellery, is looking to launch 5-6 new formats under its retail subsidiary Gitanjali Lifestyle, reports DNA. More...

Subhiksha compromise formula runs into trouble

The compromise suggestion which creditors offered for settling the Subhiksha Trading Services imbroglio isn’t going to be decided quickly. More...

LAVA International to tap rural Indian market

Mobile handset distributor LAVA International Limited is gearing up to tap the rural market. "There is a vacuum of 60-65 per cent in the rural market that we want to capitalise on. There is no proper dealer and distributor network and it is there that we are investing our resources to see an equitable and affordable distribution of the handsets in these areas," Sunil Bhalla, director, LAVA International. More...

Entertainment World plans 20 malls pan-India

Entertainment World Developers (EWDPL), the Mumbai-based mall developer-cum-operator, has announced plans to invest about Rs 3,000 crore to develop 20 malls spread across 10 million sq ft in 20 cities over the next two years, reports Financial Chronicle. More...

Kerala to open festival bazaars

As part of its market intervention strategy, the Kerala State Civil Supplies Corporation (Supplyco) plans to open five Onam – Ramzan Metro People’s Bazaars and 12 Town People’s Bazaars in the State. More...

Retailers seek relaxation of norms to keep shops open on holidays

The Retailers Association of India, representing nearly 500 retailers across the country, has petitioned the Labour Commissioner in Hyderabad to allow members to open stores round the year, including Sundays and other holidays. More...