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AUGUST 21, 2009
 

RPG to invest Rs 100 crore in Spencerís; plans 10 new stores

RPG Enterprises-promoted Spencerís Retail will be investing Rs 100 crore in expansion during the current fiscal. The company plans to open 10 more stores over the next few months. ďThese will be a combination of owned, franchise, business-to-business, store-in-store, and so on. They will all be large stores ranging between 12,000 and 30,000 sq ft each,Ē said Sanjiv Goenka, vice-chairman, RPG Enterprises. More...

Retailer Aeon of Japan eyes Indian market

Japanís second largest retailer Aeon Co may expand in India and Vietnam to boost growth as sales slump in its home market, agency reports. More...

Office Depot store opens in Kuwait

A flagship Office Depot store has opened in The Avenues Mall in Kuwait. Office Depot signed a franchise agreement with international retailer M H Alshaya covering Saudi Arabia, the UAE, Kuwait, Bahrain, Qatar and Oman, agency reports. More...

Edible Arrangements signs two master franchise agreements

Edible Arrangements, a USA-based company that sells hand-sculpted fresh fruit arrangements, has signed two master franchise agreements for Rome and Hong Kong, agency reports. More...

Tesco team to help Trent restructure Star Bazaar

Trent, the Tata group controlled retailer, is restructuring its loss-making hypermarket business with help from the UK-based Tesco, reports Financial Chronicle. More...

Future Group to invest Rs 100 crore in East

Future Group is planning to invest Rs 100 crore in East India over the next four months, in setting up new stores and in re-doing existing stores to accommodate new formats, reports Business Standard. More...

Planet Fashion to go beyond menswear, set up family stores

Planet Fashion, the menswear retail chain from Madura Garments, is reportedly looking to set up family stores. The first Planet Fashion Family store will come up in Lucknow in three months, followed by Dehra Dun, Bareilly, Ghaziabad and Delhi, reports Business Line. More...

Longines expansion hampered by rigid norms

Swiss watchmaker Longines said it is keen to open its own outlets in the country, where it sees potential, but is hampered by regulatory restrictions, reports Business Line. More...

Supplyco revises Onam sales target to Rs 210 crore

Riding on the comfort of increased sales in its outlets, Kerala State Civil Supplies Corporation (Supplyco) has revised its Onam sales target to Rs 210 crore against Rs 200 crore fixed by the company earlier. More...

Godrej Group appoints Vivek Gambhir as chief strategy officer

The Godrej Group announced the appointment of Vivek Gambhir as chief strategy officer for Godrej Industries and its associated companies. More...

 
 
 



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