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| Reliance Retail
ready for airfreight services |
Reliance
Retail plans to launch airfreight services to ferry fresh
fruits and vegetables from their various sources in north
India. The project is expected to increase the power of the
Reliance Retail's logistics. At present, there are eight freighters
ferrying cargo within and outside the country.
Reliance's entry in the sector is expected to scale up its
size by seven times. Many big-ticket retailers such as Birla
Group, Bharti, Tata Group and Kishore Biyani's Future group
are also geared up to venture in the sector like Reliance's
Retail.
The current logistics retail venture of Reliance Retail foresees
the use of smaller airstrips in various states and setting
up of airport for cargo in Punjab to transport fresh vegetable
and fruits to retail outlets throughout the country.
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| New Look set
for Landmark JV |
New Look,
a $2 billion fashion brand headquartered in UK is likely to
ink an equity joint venture with Landmark Group to tap the Indian
market. The deal will observe and conform to single brand FDI
norms in retailing which allow international brands to hold
51 per cent stake.
New Look is also coming up with stores in France and Belgium.
It has 570 stores in UK and Ireland.
Cotton County plans retail expansion
Cotton County, a leading premium apparel retailing brand of
Nahar Industrial Enterprises Limited launches its 200th exclusive
outlet. Cotton County is expected to touch 250 outlets by March
this year and plans to be 1,000 strong by 2010. Despite a major
plan to expand throughout the country, the company is presently
focusing on setting up 400 exclusive outlets in Maharastra,
Bihar, UP and NCR.
Cotton County, a successful brand, has set its own benchmark
in the Indian market. The company aims to offer, at very affordable
price, international quality and style apparel. Cotton County
is launching Femme, a women apparel range and Tazo, a wide range
of kids apparel.
By the end of current FY, the company expects Cotton County
brand to generate revenues of Rs 1,000 and plans to increase
the figure to Rs 275 crore by next FY.
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| Chocolate
foray & strategy from ITC Foods |
| In a strategic move, FMCG
major ITC Foods is gearing up to enter the Rs 2,200-crore branded
chocolate segment in the country. With the move, the company
will directly take on lead players like Cadbury India and Nestle
in the highly competitive sector. Currently, Cadbury India leads
the pack with a market share of 70 per cent. ITC Foods is currently
extending its distribution network. After launching 'Sunfeast
Sachin Kit Fit' in March, the company is expected to launch
its chocolate brand in India. The company is expected to introduce
its own home-grown brand of chocolates within a few months.
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| First exclusive
retail Crocodile store in Kochi, more soon |
| Coimbatore-based garment
exporter, S.P. Apparels has inaugurated its first exclusive
company-owned Crocodile retail store in Kochi. The store of
super area of 1,100 sq.ft is a part of the Baypride Mall at
Marine Drive. The company has revamped the distribution set-up
for the Crocodile brand in the south, east and the western markets
of India. This new exclusive retail store and other upcoming
new stores on the retail front will enable the company to showcase
the complete spectrum of Crocodile products to loyal customers.
The company is learnt to have initiated talks with several players
and chains in the organised retail sector in a bid to explore
multiple retail formats. The company is also rolling out 7 such
company owned The Crocodile Store across India before April
2007 in Bangalore, Hyderabad, Delhi, Noida and Salem. There
will be 12 stores in the next 12 months and more stores are
coming up by 2010. |
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| 200 Welspun
outlets on home furnishings |
| Welspun Retail Ltd, constituent
company of Welspun Group, is planning to open 200 retail outlets
under the brand of 'Spaces' and 'Home Mart' throughout the country
within the next fiscal year. Moreover, tier II and tier III
cities will be covered for their huge potential. Riding the
booming waves of the growing organised market of home textiles,
the company expects a total turnover of Rs 500 crore within
the next five years. The company operates presently 60 store
including 20 in Mumbai. |
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| Joy Alukkas
plans largest jewellery showroom |
Slated for mid-June, Joy
Alukkas Group, a Dubai-based leading gold jewellery retail chain
major is establishing the world's largest gold and diamond jewellery
store in the Usman Road, Chennai. The company has already picked
up 80,000 sq.ft of retail space in Prashanth Gold Tower for
the project. Joy Alukkas Group is not only the world's leading
22-carat jewellery retailer, but also one of the world's prominent
gold retail chains and operates about 64 showrooms in seven
countries. Apart from establishment of the largest showroom
in Chennai, the company's plans in India include launching showrooms
in Salem and Thirunelveli, in Tamil Nadu, and Bangalore in Karnataka,
over the next couple of months.
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Features: |
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Interviews: |
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| Luxury Sector |
|
Real Estate |
 Self-reliant manufacturer
Mr Harkirat Singh Bedi,
Head, IDEB Group
in an interview with Retailer
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 A name synonymous with quality
Mr Manoj Kumar
Director,
Aashiyana Group,in a discussion
with the Retailer, speaks about
various mall projects of the
company. |
| ...more |
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...more
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| Support |
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Mall Owner |
 Be consistent, focused and a perfectionist
Mr Rajiv Merchant
Mr Rajiv Merchant
Chief Executive Officer
,
Creative Portico India Pvt. Ltd. ,
talks about his professional itinerary in
a talk with the Retailer. |
|
 A household brand
Mr Chandru Kalro
Executive VP(marketing),
TTK Prestige,
talks about
the establishment and success of
the company in an interview to
the Retailer
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| ...more |
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...more |
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