AUGUST 19, 2009
 

Toon Kidz eyes 200 stores; seeks franchisees for expansion

Toon Kidz, the Bangalore-based kids' brand that retails apparel, toys, games, accessories and stationery, has plans to take the number of stores to at least 200 in India by mid-2010, along with 50 EBOs in the Far East and the GCC countries. The company, which recently opened its maiden store in New Delhi, presently has 30 stores operating in India, out of which 17 are franchised. More...

Index Mall to expand worldwide

Index Living Mall Co, Thailand's largest furniture chain, will use its first franchise store in Dubai as a springboard to establish itself globally as an international chain, agency reports. More...

Papa John's opens 12 new stores across UK

Papa John's Pizza has continued its UK expansion with the opening of 12 new stores in Haven parks across the country, agency reports. More...

Pantaloon likely to raise Rs 500 crore by selling non-core biz

Future Group subsidiary Pantaloon Retail is planning to raise up to Rs 500 crore by offloading the non-core assets of the company as part of its restructuring plans. "We have various plans for the company... Offloading the non-core assets of Pantaloon to raise close to Rs 300-500 crore is one of them," said Kishore Biyani, CEO, Future Group. More...

Bata to set up large format stores by year-end

Footwear manufacturer and retailer Bata is planning to add between 60 and 80 stores by the end of this financial year. The company is going to open large format stores of 8,000 to 10,000 square feet alongside medium stores of 2,000-4,000 square feet and focus on improving the retail experience of the customers, reports Financial Chronicle. More...

Spencerís to dilute 10% to raise funds

RPG Group-owned Spencerís Retail is looking at diluting 10 per cent stake to raise funds via private equity route and scouting for a partner for its back-end operation, even as it deliberates a cautious expansion plan after having made massive cuts in the past 12 months, reports Economic Times. More...