Raymond plans 300 franchise stores in smaller towns

Apparel and textile major Raymond has announced plans to open 300 franchisee-operated stores in tier-IV and V towns in the next 18 months, to tap the retail opportunity in the country's hinterland. Raymond and its franchisees will invest around Rs 100 crore in setting up the stores, according to a top company official. More...

Dubai developer MAF turns to Iran for retail growth

A UAE developer with the licence to operate Carrefour SA stores in the Middle East is looking to boost its presence in Iran after opening a new hypermarket in the Islamic republic to tap demand for modern shopping centres, agency reports. More...

Carrefour to announce Russian expansion plans

In the coming two months, Carrefour is expected to unveil its plans for a "significant number" of expansion projects in Russia over the next three years, where the chain has already opened two hypermarkets in Moscow and Krasnodar, agency reports. More...

Indiabulls renames retail arm; rebrands lifestyle stores

Indiabulls Retail, part of the Indiabulls group, has rebranded its loss-making lifestyle stores, Indiabulls Megastore, as Store One -- the second time it is being renamed -- in a bid to garner more sales and footfalls, reports Business Standard. More...

Adidas plans to open 90 new stores

Adidas India Marketing Ltd, a subsidiary of global sportswear major Adidas Group, is planning to have 600 exclusive retail stores in the country by 2009-end. Adidas will be opening 90 new stores during the September-December period, reports DNA. More...

Café Coffee Day gets new brand identity

Coffee café chain Café Coffee Day, which earlier this year announced plans to take the brand global, now has a new brand identity with a look that stands for 'relax and dialogue.' More...

Bafna jewellers opens Rs 70 crore showroom in Nashik

Jalgaon-based R C Bafna Jewellers has opened its third showroom in Nashik. The investment in Nashik's showroom is estimated at around Rs 70 crore, reports Business Standard. More...

Amway posts 17% growth in 7 months

Amway India, the direct selling FMCG company, has posted a growth of 17 per cent during the first seven months of the fiscal 2009. More...