June 20, 2009

Carz Spa eyes 50 franchise outlets by FY '10

Having set up its 18th store through its recent tie-up with Ahmedabad-based Cama Motors, Carz Spa, a division of Surat-based Fortune Multiple Services Pvt Ltd, plans to expand its retail network by taking the total number of outlets to 50 by the end of this fiscal. The company, which has adopted franchise model for expansion, requires its franchisees to invest roughly Rs 10-12 lakh per outlet, according to its top official. More...

Dunkin’ Donuts plans a dozen stores in Dayton, US

Dunkin’ Donuts has announced the signing of a multi-unit developing agreement with Giant Oil Inc to open 12 restaurants in Dayton, the first in 2011 and the rest within the next five years, agency reports. More...

Paris Hilton eyes UAE retail, hotel opportunities

Millionaire heiress Paris Hilton said she wanted to expand her business empire in the UAE - and admitted she would look at properties in Dubai, agency reports. More...

‘Deals struck on 210 Birthdays stores but 800 jobs to go’

Birthdays’ administrator Zolfo Cooper has accepted two offers for a total of 210 stores. The deals safeguard 1,350 jobs but 800 will go as the remaining 132 shops will shut, agency reports. More...

Retail czar Biyani readies succession plan

Kishore Biyani’s Future Group has decided to lay out a detailed succession plan for the business. This comes in the wake of the recent entry of the younger Biyani family members into the day-to-day operations of the business, reports Economic Times. More...

Infiniti Retail eyes 100 Croma stores by 2011

Infiniti Retail, a wholly-owned subsidiary of Tata Sons, has announced plans to make 100 stores operational across the country in the next three years as it eyes deeper penetration into tier II and III cities. With immediate plans to have around 22 stores this fiscal, the company will pump in over Rs 50 crore for the purpose. Meanwhile, it currently operates around 32 Croma stores in New Delhi, Mumbai, Bangalore, Pune and Hyderabad among others. More...

Future group to add 15 million sq ft retail place by 2014

Future group will add 15 million square feet of retail space by 2014 at an investment of around Rs 4,000 crore. The expansion would entail in all its retail formats like Pantaloons, Big Bazaar, Food Bazaar and Home Town, said Kishore Biyani, chairman, Future Group. More...

Reliance Retail plans to ramp up jewellery subsidiary

Aiming at becoming a leading player in the estimated Rs 4,000 crore Indian branded gems and jewellery market, Reliance Jewels has announced plans to ramp up presence with 20-25 new stores during this fiscal. Meanwhile, the company, a jewellery retail format of Reliance Retail, is keen to tap the markets in both major metros and smaller tier II cities and has lined up a portfolio of over 20,000 designs in gold, diamond and bridal ranges. More...

Max Retail plans to add 12 retail outlets in FY'10

Max Retail, owned by the Landmark Group, has announced plans to expand its outlets from 18 to 30 by the end of FY'10. Meanwhile, along with the major cities, the company is also looking at tier II and III cities for growth. More...

Prestige, CapitaLand unveil Forum Value Mall in Bangalore

Bangalore-based developer Prestige Group and CapitaLand Retail Ltd, a wholly-owned subsidiary of the Singapore-based CapitalLand, one of Asia’s leading real estate company, have announced the launch of their maiden joint project -- Forum Value Mall Whitefield -- in Bangalore. Spread across 3 lakh sq ft, the newly launched mall is believed to be India’s first mall that houses a number of major brands in factory outlet format. More...

Emami merges Zandu Pharma's FMCG business

Kolkata-based Emami Ltd, which acquired Zandu Pharmaceuticals in October 2008 for Rs 750 crore, has decided to merge the fast moving consumer goods (FMCG) business of Zandu Pharmaceuticals with its counterpart in Emami. More...

Planet Sports opens 5th store in Mumbai

Planet Sports, a leading multi-brand sports and lifestyle specialty retail chain, has announced the opening of its fifth store at R City Mall in Mumbai. Adding to its 60 plus stores in 40 cities, the new 2,000 sq ft store offers a wide array of sports apparel, footwear and equipment, according to a company press release. More...

Dabur eyes 5% share in fruit drink market

FMCG major Dabur, which recently launched it fruit drink 'Real Burrst', is eyeing a 5 per cent market share in this segment in the next three years. "Our plan is to consolidate our position in the fruit juice market besides expanding into fruit drink segment, which we have just entered into (with) Real Burrst," said K K Chutani, marketing head (foods division), Dabur. More...

DotBSNL mulls over franchise route to reduce costs- 19 June.09
DotKarrox to make south India foray; seeking franchisees for expansion- 18 June.09
DotTata's Trent, UK's Arcadia may sign franchise pact- 17 June.09
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