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AUGUST 27, 2009
 

Crepe Connection mulls expansion via franchise route

Crepe Connection, a Bangalore-based kiosk chain that offers crepes, plans to open 10 new outlets in the city by March 2010. While these proposed outlets will be company-owned, it plans to expand into other cities like Chennai, Mumbai, Delhi and Hyderabad via the franchise route. The branded chain, which was launched in July, currently runs one kiosk in Koramangala, Bangalore. More...

Hope Floats

Notwithstanding a recent KPMG study that predicts slowdown in the retail sector to continue for another 12-18 months, there are encouraging signs of retail revival. The sector is now in correction mode, shedding some of its flab accumulated as a result of indiscriminate expansion. More...

UAE retail group eyes Indian expansion plan

Emke Group, which operates the biggest hypermarket chain in the Middle East under the LuLu and Al Falah brands, is entering the lucrative Indian market by developing the biggest shopping mall in Kochi, in Kerala, according to a media report. More...

Carrefour Malaysia and Singapore gets new MD

Carrefour has announced its new managing director for Carrefour Malaysia and Singapore, clearing the name of Guillaume de Colonges to hold the post with immediate effect, agency reports. More...

Fashion chain Esprit's H2 profit down; eyes expansion

Esprit, the world's No.6 fashion retailer by market value, has posted a 40 per cent fall in second-half profit, as global economic woes took a bite out of its core European market. However, the company said it would focus on expansion to tap potential growth as the economy recovers, agency reports. More...

Ebony Gautier earmarks Rs 100 crore for retail expansion

Home furnishing retail chain Ebony Gautier has announced plans to invest Rs 100 crore over the next three years to expand its retail business and set up 20 large format speciality outlets across the country. More...

Dabur sees retail break-even in FY11

Dabur India expects its loss-making retail business to break even in the next fiscal as it aims to cut costs through a revenue-sharing model under which it would give a percentage of its revenues to landowners, instead of rent, reports DNA. More...

Metro Cash & Carry to bring in own brands

Metro Cash & Carry India (METRO), the Indian arm of the 31.7 billion German wholesale company Metro Cash & Carry, is now introducing its own brands (all private labels) in the country -- Mediterranean Assortments, ARO, Horeca Select and Natura Verde to tap the Indian hospitality and catering industries, reports Financial Chronicle. More...

M&S to launch men's products in India

The UK retail giant Marks & Spencer, which floated a 51:49 joint venture (JV) with Reliance Retail in India, is reportedly planning to enter new categories such as luggage and footwear for men from the UK stable for the Indian market. At present, the company will launch luggage and footwear at the flagship stores in Delhi and Mumbai before going for a national rollout, reports Financial Chronicle. More...

Westside set to open largest store in Hyderabad

Tata’s retail arm Trent is all set to launch the largest Westside store -- spread across 34,000 sq ft -- in Hyderabad on Friday, reports Financial Chronicle. More...

Galla Foods forays into fruit drinks

Galla Foods, exporter of tropical purees, concentrates and fresh fruits and part of the Hyderabad-headquartered Amara Raja Group, on Wednesday plunged into highly competitive fruit drinks market with the launch of its two flavours in pet bottles, reports Financial Chronicle. More...

Pyramid to de-merge two outfits; to raise $100 million

Entertainment firm Pyramid Saimira Theatre on Wednesday said it will de-merge two of its subsidiaries -- Pyramid Saimira Content Distribution and Pyramid Saimira Production International - from itself. More...

 
 
 



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