AUGUST 28, 2009
 

US food chains hunt for franchise scope in south India

Six major US food chains are looking for franchise opportunities in South India. Out of this, two chains already have a presence in India, while the rest are looking to enter the domestic market for the first time through the franchise route, reports Financial Chronicle. 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...

Krispy Kreme enters Turkish market

Doughnut-and-coffee chain Krispy Kreme has entered the Turkish market, with the opening of its first outlet in Istanbul. The outlet was opened through its franchisee, the Almana Group, and the chain said it eventually plans to open 25 outlets over the next five years, agency reports. More...

Tasti-D-Lite set to open in Mexico City

Tasti D-Lite is set to enter the Mexico market with its first master franchise agreement for Mexico City. The agreement between Samuel Tarrab and Tasti-D-Lite includes 10 new stores within the next two years, agency reports. More...

Karl Kruse, Chontel sign franchise agreement

Karl Kruse, German distributor of electronic components, and Chrontel, a manufacturer of TV and HDTV encoders, have signed a franchise agreement for Europe and the Middle East, agency reports. More...

Shoppers Stop to go slow on expansion

Shoppers Stop has decided to go slow on fresh store expansions as it finds new stores eating into sales of its existing stores. As a result, its capital expenditure requirement for the year has reduced, prompting the company to defer its rights issue plans, reports Financial Chronicle. More...

Arvind Group sets stage for GenNext

Kulin Lalbhai, the younger son of Arvind group chairman and MD Sanjay Lalbhai, has joined the country’s largest denim exporter his great grandfather Kasturbhai Lalbhai started in 1930s, reports Economic Times. More...

Daniel Hechter to source locally

French lifestyle brand Daniel Hechter hopes to break new ground in India even as other major international brands are struggling to establish their presence, reports Financial Chronicle. More...

Reliance Digital to retail portable electronics

Reliance Digital is planning to retail `portable personal electronics' items through Reliance Digital Express stores. The company is testing the market for this concept with two such stores that have been set up in Ghaziabad and Bangalore. More...

MDH to enter ready-to-eat food segment

New Delhi-based MDH, which is known for blended spices, plans to enter into the ready-to-eat food segment by offering continental cuisine such as noodles, pasta and vermicelli off its shelf. For this, the company plans to invest Rs 50 crore, reports Economic Times. More...

P&G June quarter net profit grows two-fold

Procter & Gamble Hygiene & Health Care on Thursday announced over 2-fold growth in its net profit at Rs 47.77 crore in Q4 ended June 30, compared to the same period a year ago and that it would pay over 200 per cent dividend. More...