Sunglass Hut unveils new outlet in Ambience Mall, Gurgaon

Sunglass Hut, one of the leading international speciality sunglass retailer and a part of Italian eye major Luxottica Group, has recently launched its third retail outlet in India, at Ambience Mall, Gurgaon. DLF Brands, the retail management subsidiary of real estate giant DLF Ltd, introduced the premium eyewear brand via franchise route in December 2008. More...

The Taco Maker expands into Panama

The Taco Maker (TTM), the parent company of the Taco Maker restaurant, which is the largest Mexican quick-service restaurant in Puerto Rico, has announced the opening of its newest location in Panama City, Panama. Meanwhile, TTM's new Panama location represents the first of 20 stores the franchise plans to open in the country within the next eight years, agency reports. More...

International expansion opportunities in China, Latin America, says Home Depot CEO

Home Depot Inc (HD) is heavily focused on stabilising and improving its US operations, but it continues to see expansion opportunities in China and Latin America, according to its chairman and chief executive Frank Blake. More...

Cadbury chairman terms Kraft Foods' proposal as “unappealing”

British confectionery major Cadbury has termed the unsolicited proposal of Kraft Foods as “an unappealing prospect” and added that it “is unattractive and fundamentally undervalues Cadbury”, agency reports. More...

Future Group, Carrefour tie up likely

Retail industry circles are abuzz with the possibility of an imminent tie-up announcement by the Future Group and the world’s No. 2 retail chain, Carrefour, after a hush-hush visit by the French chain’s global chief executive, Lars Olofsson, to India late last week, and his meeting on Saturday with Future CEO Kishore Biyani, reports Economic Times. More...

Wal-Mart to continue sourcing from India

The world's largest retail chain, Wal-Mart, said it has hired a company in India for undertaking quality control of its sourcing business and has no plans to cut down sourcing from here for its international operations. More...

Shoppers Stop to add 500,000 sq ft space by March

Retail group Shoppers Stop Ltd will add 500,000 square feet space by March, across four Shopper's Stop stores and three Hypercity stores, according to its top official. More...

S Kumars Nationwide plans brand makeover

Three years after the Mumbai-based Kasliwal family divided the S Kumars group, Nitin Kasliwal, the second son of family patriarch Shambukumar Kasliwal, is carving out an independent corporate identity that reflects the current market positioning of the group, reports Economic Times. More...

Lamborghini to market lifestyle accessories in India

Tonino Lamborghini, the Italian luxury brand, has entered the Indian market with a range of multi-media accessories to cash in on the digital and cyber boom in India. More...