June 22, 2009

UltraTech plans 71 building solutions outlets across Maharashtra

UltraTech Cement Ltd, which runs UltraTech Building Solutions (UBS) outlets, has announced plans to launch 71 franchise outlets in Maharashtra over next 12 to 18 months. Meanwhile, the company, as part of its expansion plans, recently launched five new outlets in Pune. More...

Emaar acquires $122 million debt of Golden Ace for retail growth

Dubai-based developer Emaar Properties has further consolidated its position in the retail industry by acquiring $122 million (Dh448 million) in debt of Golden Ace after its controlling shareholder, India's MGF Group, breached loan covenants with Deutsche Bank, agency reports. More...

Suning plans to acquire stake in Japan's Laox

Japanese electronics retailer Laox is in discussions with the Chinese home appliances retailer Suning and plans to sell parts of its stake to the latter, agency reports. More...

House of Fraser denies sell-off plan to Debenhams

Department store chain House of Fraser has quashed rumours of a deal to sell some of its stores to Debenhams. More...

Peter England recasts operations

Peter England Fashions & Retail (PEFR), the mid-priced apparel division of Aditya Birla Nuvo, is reportedly re-strategising its operations, as it hits the market with a value retail format. The company has, on the one hand, broadened the scope of its flagship brand Peter England within the menswear segment and at the same time is de-linking People -- the family apparel format -- from the mother brand to stand as a more youth-oriented, streetwear brand, reports Economic Times. More...

UAE-based Damas eyes 100 stores in India

The UAE-based jewellery retailer Damas will open 100 stores in India during the next three years as part of a new joint venture with the retailer Gitanjali Group. Tawhid Abdullah, the managing director of Damas, said he expected these future stores to represent about 20 per cent of the retailer’s business. More...

Aditya Birla Retail to roll out 80 'more...' stores in FY10

Buoyed by 110 per cent growth in fiscal 2009, Aditya Birla Retail chain 'more...' plans to further roll out 80 stores this year, but may wind up 10-20 existing outlets as part of a clean-up operation. "We want to take our network of stores 720-730. So we will open 80 stores, but its not actually 80 because we may close another 10-20," said Thomas Varghese, CEO, Aditya Birla Retail (ABRL). More...

Forest Essentials plans to open 9 more stores

Premium ayurveda brand Forest Essentials is reportedly planning to add nine more exclusive stores this year to its already existing seven outlets. Meanwhile, the company has not been able to reach its target of having 40 stores by end 2010 due to the economic slowdown. “Various malls, where we planned to open, got delayed or shelved altogether,” said Samarth Bedi, executive director, Forest Essentials. More...

Cool Cane chain launched in Pune

Bangalore-based P B Enterprises has announced the launch of its maiden sugarcane juice bar of in Pune. Further, the company plans to open at least another six in the city, replicating the Cool Cane model that has been established and popularised in its home town. More...

Supplyco bazaars to sell essential items

Supplyco, the nodal agency to execute the market intervention operations for the Kerala Government, has proposed to open special bazaars at Thiruvananthapuram, Thrissur and Kozhikode from Monday to distribute essential commodities. More...

DotBSNL mulls over franchise route to reduce costs- 20 June.09
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