IHC acquires Pizza Hut franchise in central India

India Hospitality Corp, which has made significant investments in hospitality and air catering businesses in India, has acquired the franchise for Pizza Hut brand for central India from its current owner for an undisclosed amount, reports DNA. More...

Carrefour executive Yraeta to depart

French retail giant Carrefour SA said executive committee member Guy Yraeta, who heads the company's European operations outside of France, is leaving the company. More...

Vishal Retail inks CDR pact for Rs 730 crore

Vishal Retail said it had signed an agreement with lenders for restructuring the terms of the chain’s Rs 730 crore debt and the process would kickstart within a few day. More...

Lee opens exclusive showroom in Ludhiana

Exclusive store of denim brand Lee has opened at Mall road in Ludhiana on Tuesday. MP Manish Tewari inaugurated the showroom, which is built on 570 sq ft area and has collection of jeans, shirts, t-shirts and other accessories from Lee. More...

Textile cos mull new retail plan

With the gradual revival of apparel retail sales globally, local majors such as Arvind and Alok Industries are exploring options to separate their brand retail business from core businesses so that a better valuation can be sought for brands, and functionality of the company also improves, reports Economic Times. More...

HC stays Trent plans for Star Bazaars in Delhi

The entry of Star Bazaar, the Tata Group-owned supermarket chain, to the national capital is facing a hurdle with a division bench of the Delhi High Court issuing a stay order on the use of the Star Bazaar name by Tata’s retail company Trent for opening stores in Delhi, reports Business Standard. More...