Onida plans exclusive stores in India; mulls franchise model

Mirc Electronics, promoters of Onida, plans to establish exclusive retail stores -- both company-owned and franchise-operated -- in the country. "A few of the stores will be in place by the end of this financial year. We will have 10 to 12 stores in the first phase (in the next one year),” said Sriram K, vice president - sales, service & marketing at Onida. More...

UK-based O2 reveals plan for franchised stores in Ireland

UK-based telecoms firm O2 is launching a chain of franchised O2 retail stores in Ireland, with the company set to have 35 new outlets trading by the end of this year, agency reports. More...

Tesco denies copying Next's clothes lines

A legal row has erupted between UK retailers Tesco and Next over the sale of multiple lines of clothing that Next claims infringe its design rights, the Sunday Telegraph reports citing legal documents. More...

Future Group may hive off Big Bazaar: Biyani

Future Group chief Kishore Biyani is looking to hive off hypermarket chain Big Bazaar and list it to unlock value as part of ambitious restructuring and growth plans to become a Rs 25,000-crore group in four years. More...

Set floor space norm for retail FDI: Rajan Mittal

Bharti Enterprises will invest $2 billion (around Rs 10,000 crore) and employ 60,000 people in their retail sector units by 2016, reports Business Line. More...

Nilkamal to invest Rs 140 crore in home furnishing biz

Nilkamal Ltd, India's largest manufacturer of moulded furniture, plans to open around 40-50 stores in the next three years and has earmarked an investment of Rs 140 crore for the purpose, according to a top company official. More...

Apollo Hospitals gears up for wellness foray

Corporate healthcare group Apollo Hospitals is firming up its foray into the wellness segment, reports Economic Times. More...