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Indostyle
mulls franchise route to expand footprint pan-India
Indostyle,
a fashion accessories brand from Kolkata-based export
house -- Artdeco Collection Pvt Ltd, is all set to expand
its footprint across the country. With immediate plans
to set up five new company-owned exclusive outlets by
2010, the company is also mulling over to follow franchise
route to open in malls and high-streets pan-India, reports
IndiaRetailing. More...
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Starbucks's
Schultz pushes instant coffee
Starbucks
Corp chief executive officer Howard Schultz is shifting
the coffee seller’s focus from cost cutting to growth
by promoting new products, including Via instant coffee
and its Seattle’s Best Coffee brand, agency reports. More...
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Wal-Mart’s
Asda re-shuffle
The
ownership structure of Britain’s second biggest supermarket,
Asda, has been re-vamped after Wal-Mart let its subsidiary
sell the supermarket chain to a fellow Wal-Mart owned
investment vehicle called Corinth Services, agency reports. More...
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Wal-Mart
to open 40 more stores in India
The
world's largest retailer Wal-Mart Stores Inc will open
40 more stores in India in the near future, commerce
and industry minister Anand Sharma said. More...
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Gitanjali
spreads retail presence with D'Damas
Gitanjali
group is planning to expand its retail presence in India.
The group has set up its high-end luxury store, Giantti,
in four cities, and is looking to expand it to Chennai
and Kolkata next year. Meanwhile, the group has also
entered into a joint venture with the Dubai-based jewellery
group D'Damas, reports Financial Chronicle. More...
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JETRO
opens two outlets in Mumbai
The
Japan External Trade Organisation (JETRO), a Japanese
government-related organisation that promotes mutually
beneficial trade, has launched two ‘Japan Shops’ at
Nature’s Basket Warden Road and HyperCITY, Malad, in
Mumbai. The shops will directly appeal Japanese F&B
products to the Indian consumer, reports Hospitality
Biz India. More...
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Multiplex
chain Cinemax scouting for locations in UP
Mumbai’s
largest multiplex chain, Cinemax India, is scouting
for suitable locations in Uttar Pradesh and other north
Indian states for launching its operations. The company
is not only looking for malls to enter the market, but
is open to the idea of considering single screen cinema
halls in up market locations with sufficient catchments,
reports Business Standard. More...
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