June 19, 2009

BSNL mulls over franchise route to reduce costs

In a bid to save on capital expenditure and to roll out services faster, Bharat Sanchar Nigam Ltd (BSNL) is taking the franchise route in a big way for new projects. The PSU has reportedly invited bids from private players for at least five of its projects, including for offering WiMax services, Internet Protocol Television (IPTV) and setting up Internet Data Services. The company may be saving more than Rs 10,000 crore of capital investment by adopting the franchise model, according to BSNL officials. More...

Starbucks to close 600 stores in US

Starbucks Corp said Tuesday that it will close 600 company-operated stores in the next year, up dramatically from its previous plan for 100 closures, a sign the coffee shop operator continues to struggle with the faltering US economy and its own rapid expansion. More...

Carrefour opens maiden store in Russia

French retail giant Carrefour opened its first Russian store Thursday, hoping to become a leading player despite a late arrival on the domestic market, agency reports. More...

Bed Bath and Beyond opens store in Edmonton

Bed Bath and Beyond, the US-based leading home furnishings and accessories retailer, opened its first western Canadian store in Edmonton on Wednesday. More...

H&M to sell Jimmy Choo shoes and bags

H&M, the discount fashion clothing chain based in Sweden, has announced plans to sell a line of Jimmy Choo footwear and handbags this fall. The collection of bags and men's and women's shoes is to debut on November 14 in about 200 stores around the world, H&M said, noting this is the first time it is collaborating with an accessories brand. Jimmy Choo is also creating some women's garments to complement the accessories. More...

DHL hopes to have 1,000 outlets by 2011

DHL, the global market leader in courier services, overland transport and air freight, owned by Deutsche Post World Net, is on a retail expansion mode. The group, which kicked off a major co-branding exercise with another group brand -- Blue Dart in the middle of last year, at present has 350 DHL-Blue Dart retail outlets across the country, reports Financial Chronicle. More...

Crossword opens new store in Hyderabad

Crossword Bookstores, a wholly owned subsidiary of Shoppers Stop, has opened a new store in Hyderabad. Located at GVK One mall in the city, the newly launched Crossword store is the third store of the chain in Hyderabad and 50th store in India, according to a company press release. More...

'Retail in India may lose Rs 400 crore FDI this fiscal'

Indian retail may lose foreign direct investment (FDI) of up to Rs 400 crore this fiscal because of last week's recommendations by the Parliamentary Panel on Commerce, which has opposed further leeway to the entry of international retail brands in the country. More...

LG Electronics expands tech products range

LG Electronics India on Thursday entered the information technology (IT) hardware segment by launching a slew of high technology products. The Rs 10,730-crore company has launched network monitors offering multi-user computing solutions based on virtulisation, projectors, digital signage and network-attached storage (NAS) device. More...

Food quality regulator to rate Delhi eateries ahead of 2010 Games

Before India’s capital hosts the 2010 Commonwealth Games, the country’s food quality regulator plans to put together a directory of safe small- and medium-sized eateries in and around the city. More...

Maya Appliances enters west India with Preethi

The Chennai-based Rs 227 crore Maya Appliances is making a foray into the western region with its kitchen appliance brand – Preethi. More...

Future Group’s unit to train in retail skills

Future Learning and Development Ltd, a subsidiary of retail major Future Group, though formally set up just a year ago, has about 10 years experience in training and developing talent. More...

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DotNumero Uno to open 50 new outlets via franchising- 16 June.09
DotMaishaa mulls franchise model to expand pan-India footprint- 15 June.09
DotAfter DLF, Rahejas want to surrender SEZ- 13 June.09
DotPizza Corner to open 100 stores pan-India this year- 12 June.09
DotFood King exploring franchise route to set up shop abroad- 11 June.09
DotSLCL plans 1,500 franchise stores pan-India by 2011- 10 June.09
DotRasna To Open 30 New Devil's Workshop Outlets Via Franchising- 09 June.09
DotMadame eyes 200 outlets by 2012; seeking franchisees for expansion- 08 June.09
DotHard Rock Cafe Opens Maiden Franchise Outlet In New Delhi- 06 June.09
DotGlobal property consultant RE/MAX to expand network via franchising- 05 June.09
DotBird Academy to take franchise route to expand network- 04 June.09
DotHair Designer Jawed Habib Mulls Franchise Route To Open 100 Salons- 03 June.09
DotHealth Sanctuary plans 50 new franchise centres pan-India- 02 June.09
DotS K Educations eyes 150 new playschools via franchising- 01 June.09