Machaan plans six new restaurants by March 2010

Machaan, the flagship brand of Speciality Restaurants Pvt Ltd (SRPL), has opened its restaurant in Nashik. Further, Machaan has plans to open another six new restaurants in the country by March 2010, reports Business Standard. More...

France's Carrefour vows to pursue acquisitions in Russia

After opening its first hypermarket in Moscow this year and its second store in Russia on Thursday, France's Carrefour said it will continue to pursue Russian acquisition targets. More...

Mexico's Walmex to open 270 stores in 2009, says CEO

Wal-Mart de Mexico expects to open 270 new stores in 2009, more than previously announced, chief executive Eduardo Solorzano said in a conference call on Wednesday. More...

Provogue to open 17 more showrooms in FY09

Garments maker Provogue India said that it will open 17 more showrooms across the country in the current fiscal taking the total number of stores to 143. "We had planned to open 20 showrooms in the current fiscal, out of which we have opened three so far. The remaining will be opened in the current fiscal itself," said Nikhil Chaturvedi, managing director, Provogue India. More...

Extend Brands set to expand 'No Rules' product line

Licensing and merchandising firm Extend Brands is planning to extend the product line of the Australian kids apparel and accessories player 'No Rules' in the Indian market and is looking for license partners. Extend Brands, the exclusive agent for 'No Rules' in the country, has introduced the Australian firm's apparel and back-to-school products last month in India. More...

Esprit takes the affordable route

Premium apparel brand Esprit, from Madura Garments, has dropped prices on an average by about 25 per cent in an attempt to “become affordable to a wider section of people.” It has also introduced products at lower entry price points, reports Business Line. More...

BI Retail software for small firms

BI Retail, a UK-based software firm, has launched a business intelligence software for small and medium-size retail firms. To counter the high price tag that existing retail software come with, BI Retail has deployed the ‘Software as a Service’ (SaaS) model where the software is available on a subscription model. More...