SEPTEMBER 16, 2009
 

Ferns `N' Petals plans to open 40 retail outlets

The New Delhi-based florist Ferns `N' Petals (FNP) plans to open around 40 retail outlets across the country by the end of the next financial year. Meanwhile, majority of these stores would be opened via the franchise model, reports Financial Chronicle. More...

Debenhams says mulling acquisitions

Britain's second-largest department stores chain, Debenhams, said it was considering acquisitions as it forecast full-year profit in line with its previous expectations, agency reports. More...

House of Fraser sets its sights on overseas expansion drive

UK-based department store chain House of Fraser is planning to open stores overseas in the next stage of its expansion plans under private equity owner Highland Group. The company is planning to open stores overseas on a franchise basis as part of its next three-year-plan. More...

X5 says out of reach for Wal-Mart, Carrefour

Russia's top grocer by sales, X5, is off-limits to international suitors and can boost market share even if international rivals continue their forays into its market, X5's chief executive said on Tuesday. More...

Tesco to open new outlet in Xiamen, China

British chain retailer Tesco will open a new outlet at Wuyuanwan Department Store in Xiamen, China, agency reports. More...

Triveni Retail to wind up as hunt for buyer fails

Triveni Retail Ventures, the retail arm of Noida-based Triveni Engineering & Industries, is closing down all its stores after it failed to find a buyer, reports Economic Times. More...

Orra to open more large format stores

Orra, India's largest dedicated diamond-only chain store, promoted by the Rosy Blue group based in Belgium, is in expansion mode. Orra Intergold Gems, the Indian arm of Rosy Blue, plans to open four-five new large format stores annually in metros and mini-metros in the country, reports Financial Chronicle. More...

Future Ventures listing likely in March next year: Biyani

Future Group will hit the market by March next year with an initial public offer for its investment arm, Future Ventures, but the amount sought to be raised will be much lesser than the previously planned Rs 1,000 crore. More...

MIRC Electronics to foray into mobile segment by next year

MIRC Electronics, the promoters of Onida, has finalised an entirely new advertising campaign in line with India's changing demographics bidding adieu to the 'Devil' that has been its brand image for decades. More...

Jarden launches Oster brand in Ahmedabad

Jarden Consumer Solutions (JCS), a company offering home and kitchen solutions, has announced the launch of its Oster brand in Ahmedabad. More...