plans to open 40 new outlets by March 2010
Franchise Architects (GFA), a Switzerland-based builder,
operator and franchiser of Pizza Corner and Coffee World
among other specialty food retail brands, is regaining
its focus on the India market. On the anvil are plans
to launch a new specialty food retail brand from its
global portfolio, establish a pan-India presence, launch
combination retail outlets and raise funds for supporting
its expansion in the long term, reports Financial Chronicle. More...
supermarket franchise continues European expansion
supermarket franchise Thomas Green's has continued its
European expansion with the opening of its newest outlet
in Cyprus, agency reports. More...
Carpet Properties in administration; 51 shops sold to
Carpet Properties has been placed into administration,
and 51 of its stores have been immediately sold to Allied
Carpets Retail, agency reports. More...
Stores to launch new retail concept
US-based Bebe Stores Inc said that it plans to launch
PH8, a new retail concept to replace its Bebe Sport
stores. The PH8 brand, which is expected to launch in
November, will replace 62 Bebe Sport stores in the US
and Canada, agency reports. More...
King appoints new regional executive
King has hired Kevin Higgins to its global executive
team. Higgins will be president of the company's Europe,
Middle East and Africa region. More...
targets Rs 1,000 crore turnover by FY11
by the launch of its new sanitaryware products and capacity
addition at its glass division, Hindware, formerly known
as Hindustan Sanitaryware and Industries Limited, has
set a target of achieving a topline of Rs 1,000 crore
by the end of the 2010-11 financial year. Meanwhile,
the company closed the 2008-09 fiscal with a turnover
of Rs 671 crore. More...
in tie-up with Sanjeev Kapoor's Wonderchef
group's consumer durables and electronics chain, Croma,
has tied up with chef Sanjeev Kapoor's Wonderchef Home
Appliances and will invest Rs 25 crore to retail imported
kitchenware in India. More...
June sales up over 16%
Biyani-led Pantaloon Retail India has posted over 16
per cent sales growth in June from its value, home and
lifestyle retailing segments over the year-ago period.
Meanwhile, Future Group firm will roll out two malls
and 11 stores of Big Bazaar and Food Bazaar by August-end,
it said in its June monthly investor update. More...
unveils new showroom in Noida
the Singapore-based manufacturer of diamond simulants,
has announced the launch of its new showroom at Great
India Place Mall in Noida. This is the second outlet
of the company in India after Mumbai. The showroom displays
a wide range of jewels like bracelets, brooch, cufflinks,
earrings, necklaces, pendants and rings, designed and
manufactured by the company. More...
Palmolive Q1 net up 43% YoY
market expectations, oral care major, Colgate Palmolive
registered a consolidated net profit increase of 43
per cent for the quarter ended June 30, 2009 to touch
Rs 103 crore as compared to Rs 72 crore in the corresponding
quarter last financial year. More...