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Cocoberry to open 100 outlets by 2011-end; seeks franchisees
Cocoberry, a premium frozen yogurt chain which recently opened two new outlets in New Delhi, plans to open 100 more outlets by the end of 2010-11 fiscal. While, one of the Cocoberry outlets has come up at the Khan market, the other one has opened in Vasant Kunj in DLF Promenade mall. Opening up of the new outlets are part of the company’s expansion plan that also includes franchisee expansion across the country, reports Imagesfood. More...
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Wal-Mart Q3 profit rises 3.2%; sales up 1.1%
The world's largest retailer, Wal-Mart Stores Inc, has reported a 3.2 per cent rise in profit at $3.25 billion for the quarter ended October this year, with rise in productivity and improved inventory management supporting its profitability, agency reports. More...
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Debenhams buys Danish retail chain
Debenhams, the UK-based department store chain, is carving a place for itself in Europe with the acquisition of Danish department store chain Magasin du Nord. The £12.3 million deal will see the UK department store take over the 141-year-old chain from Magillum, agency reports. More...
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Burger King’s global marketing officer resigns
Russ Klein, Burger King Corp’s president of global marketing strategy and innovation, has resigned for personal reasons. The resignation will be effective from December 15, 2009. Burger King Corp’s former president of the Europe, Middle East and Africa business segment, Peter Robinson, will oversee the global marketing sector while the company searches for a replacement. More...
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Wal-Mart, CARE launch new initiative to empower marginalised Indian women
As a part of their commitment to women's empowerment, Wal-Mart Stores and CARE has announced the launch of a Cashew Value Chain Initiative. As part of the Wal- Mart Foundation's $1 million grant to CARE, a leading humanitarian organization, this project marks the first of a series of initiatives to elevate women from poverty worldwide. Over the next year, Walmart and CARE will create a women owned-and-operated community-based institution to provide more equitable and consistent incomes for approximately 750 women in the cashew farming and processing sector in the coastal districts of Tamil Nadu State in Southern India, Cuddalore and Nagapattinam. More...
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Vishal Retail charged with PF violations, appeals against notice
Supermarket chain Vishal Retail Ltd has received a notice from the Employees Provident Fund Organization (EPFO) alleging that the firm had deposited insufficient funds in the provident fund accounts of nearly 13,000 employees, reports Mint. More...
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Railways to open 'Jan Ahar' outlets at stations
With an aim of providing food to passengers at reasonable rates, Indian Railways is launching special outlets in stations across the country. To begin with four Jan Ahar (People's Food) outlets are going to be operational at Howrah, Bangalore, Chennai and Secunderabad stations this month and seven more at different stations including Patna, New Jalpaiguri, Lucknow and Mysore next month. More...
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Forest Essentials launches flagship store in Mumbai
Beauty and skincare brand Forest Essentials opened its new Mumbai flagship store at Juhu. Spread over 600 square feet, the store offers the brand’s whole range of Ayurvedic skin care, hair care and wellness products, reports IndiaRetailing. More...
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Sanspareils Greenlands unveils exclusive apparel line
Sanspareils Greenlands (SG), cricketing equipments manufacturer, has launched its brand new range of apparel including shoes, casual t-shirts, track pants, caps, back packs and other quintessential sportswear for both the genders. More...
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