UniverCell plans 700 stores; seeks franchisees

Chennai-based mobile retail chain, UniverCell, will be opening 700 stores across the country in the next two years. The company, which currently has 300 company-owned stores across the four southern states including 70 in Andhra Pradesh, is trying to touch 400 stores by March 2010 through the franchise mode. More...

Gap opens new store in Dubai Mall

US-based clothing major Gap Inc has announced the opening of its new store at Dubai Mall, UAE, agency reports. More...

Birla Retail drives growth plan to become profitable

Learning from its past mistakes, the retail business of Kumar Mangalam Birla has now undertaken an organisational restructuring at the corporate level to cut costs and beat a path to profitability, reports Financial Chronicle. More...

Big Bazaar to invest Rs 70 crore in East

Big Bazaar, the ‘value’ retail format of Future Group, is investing around Rs 70 crore in setting up 10 new Big Bazaar stores in East over the next few months. At present, Kolkata has seven Big Bazaar stores and another four would be added over the next three months, reports Business Standard. More...

Cafe Coffee Day to invest Rs 150 crore

Café Coffee Day (CCD), the 13-year old retail coffee restaurant chain, is planning to invest around Rs 150 crore this financial year for a total of 1,000 outlets, up from close to 850 outlets now. More...

Philips India to double home lighting outlets

Philips Electronics India is set to expand its presence in the highly fragmented, home decorative, lighting market. The company, which is one of the leading players in the lighting solutions industry, plans to more than double the number of its exclusive lighting lounges across India, reports Financial Chronicle. More...

LG sets up first Shoppe in Orissa

Consumer electronics major LG Electronics India Limited on Monday opened the first LG Shoppe in Berhampur, Orissa to offer the entire bouquet of its products in a single outlet. More...

Akai to re-enter India by January; to launch high-end products

Japanese consumer durables player Akai is gearing to re-enter the Indian market by January next year, with focus on catering the metros and tier I cities by offering more high-end products and has tied up with Global Brands Enterprise Solutions for revamping of the brand, reports Business Standard. More...

Reliance, Gini & Jony tie up to offer Levi's, Puma footwear

Reliance Footprint, the footwear store of Reliance Retail, has tied up with kidswear brand Gini & Jony to introduce children's footwear ranges of Levi's and Puma in the country. Gini & Jony is the exclusive retail collaborator in the country for these two brands. More...

Wrinkle-free shirts from Turtle to hit shelves soon

After wrinkle-free trousers, Turtle, one of the country's fastest growing menswear apparel brands, is now rolling out wrinkle-free shirts from its stable. Christened as "D'crease", the new range of shirts are made in plain fabric and available in white, ecru and blue colours. More...

SRS Multiplex plans expansion to go for Rs 300 crore IPO in April

SRS Multiplex, a division of SRS group, is planning to invest Rs 500 crore in the next three years towards the increasing number of cinema screens. The company would add 50 screens by 2011 and over 100 by the end of financial year 2012, reports Financial Chronicle. More...

Cinemax India opens third multiplex in Nashik

Cinemax India Ltd, the largest multiplex chain in Mumbai, has opened five-screen multiplex in Nashik. This new multiplex, which is located at City Centre Mall here, is company’s third multiplex theatre in the city. More...