July 24, 2009

Essar Steel seeks franchisees to expand retail footprint

Essar Steel Hypermart, India's largest chain of steel outlets, has announced plans to open 100 outlets in eastern India over the next two years. The company, which has recently opened its first hypermart in Rourkela, plans to expand its distribution network by opening many more outlets through the franchise route. More...

Domino's Pizza boosted by Britain's Got Talent

Britainís biggest pizza delivery chain, Domino's Pizza UK & IRL, said on Monday it expected to beat full-year profit forecasts as it reaped the benefits of sponsoring TV phenomenon 'Britain's Got Talent', agency reports. More...

Carrefour Romania: Sales up 4.8% in H1

The Romanian branch of French Carrefour registered a 4.8 per cent jump in sales in the national market in the first six months of this year compared to the same period last year. The company has grown by nine hypermarkets and its sales have climbed to EUR 532 million, agency reports. More...

Slowdown-hit DollarStore shuts 41 stores

MyDollarStore Inc, the US-based discount retailer that entered India in 2004, has shuttered three-fourths of its 55 stores in the past few months. The company, which was founded by an American of Indian origin, has currently 14 stores in the country. Meanwhile, the retailer wants to get into smaller formats with smaller footprints, reports Mint. More...

Croma halts expansion to new cities

Infinity Retail, a subsidiary of Tata Sons, has decided to stop expansion of its Croma brand of electronics stores to new cities, reports Business Line More...

Coromandel Fertilisers to ramp up rural retail

Coromandel Fertilisers (CFL), which secured shareholders' nod for changing the name of the company to Coromandel International on Tuesday, is focusing on increasing production and sales volume of fertilisers and consolidating its rural retail business during 2009-10. "We have about 400 plus mana gromor centres (MGCs), rural retail stores, in Andhra Pradesh and will focus on consolidating these operations during this year. We may also expand the stores initiative to other states such as Tamil Nadu, Karnataka and Maharashtra, may be in the second half of the present financial year," according to a company official. More...

Vishal Retail incurs Rs 114.7 crore loss in Q4

Retail store chain operator Vishal Retail posted a consolidated net loss of Rs 114.73 crore for the fourth quarter ended March 31, 2009. More...

Santoor is largest soap brand in south

Santoor, the flagship sandalwood soap brand of Wipro Consumer Care and Lighting (WCCL) -- the FMCG division of IT major Wipro, has become the largest soap brand in south India. Meanwhile, WCCL closed the first quarter with a 29 per cent increase in profit before interest and tax (PBIT) to clock Rs 78.7 crore, as against Rs 60.9 crore in the year-ago period. More...

Novotel Hotels plans to beef up F&B business

Novotel Hotels, a brand owned by Europe-based Accor group, will focus on the food and beverages (F&B) business to make its presence felt in the Indian hospitality industry. The hotel chain expects to generate 50 per cent of revenue from the F&B business, and the remaining from room rents and other facilities, reports Financial Chronicle. More...

DotEssar Steel seeks franchisees to expand retail footprint- 23 July.09
DotSiyaram To Set Up 200 Stores In India, West Asia In Three Years- 22 July.09
DotWelspun Retail Plans 400-500 Stores By 2013; Seeks Franchisees For Expansion- 21 July.09
DotPavers England Takes Franchise Route To Launch Maiden Outlet- 20 July.09
DotGFA Plans To Open 40 New Outlets By March 2010- 18 July.09
DotVeta targets 100 franchise centres in Sri Lanka- 17 July.09
DotKaati Zone seeks franchisees for retail expansion- 16 July.09
DotMan U Restaurant and Bar in Mumbai soon- 15 July.09
DotKFC, Pizza Hut's parent co Yum under ED's lens- 14 July.09
DotDixy Chicken debuts in India via franchising- 13 July.09
DotGrand Slam to set up 30 more franchise stores in tier II, III cities- 10 July.09
DotBest Western to unveil 15 new franchise properties in India- 09 July.09
DotAmara Raja Batteries to expand pan-India network via franchising- 08 July.09
DotH&R Johnson eyes Rs 3,000 crore turnover; seeks franchisees for expansion- 07 July.09
DotWay2Wealth seeking franchisees to expand pan-India footprint- 06 July.09
DotZedds mulls franchise route to expand footprint- 04 July.09
DotWadhawan Hospitality to bring Cinnabon brand to India- 03 July.09
DotCCD looks to expand global imprint- 02 July.09
DotYum Restaurants looks for 50% revenue from KFC- 01 July.09
DotMedPlus seeks franchisees to expand pan-India footprint- 30 June.09
DotItalian Coffee Brand Caffe Pascucci Forays Into India- 29 June.09
DotNilgiris to open 40-50 new stores via franchising - 27 June.09
DotKairali Group to expand overseas footprint via franchising- 26 June.09
DotZudaas France to take franchise route to expand India footprint- 25 June.09
DotIndus Fila enters domestic retail biz; seeks franchisees to expand footprint- 24 June.09
DotIndian handloom brand Cottage eyes China foray via franchise route- 23 June.09
DotUltraTech plans 71 building solutions outlets across Maharashtra- 22 June.09
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