UniverCell gears up for national expansion; seeking franchisees

UniverCell, a south India-based mobile phone retailer, is gearing up for a rapid national expansion plan in the coming year. The company, which currently has a presence in 170 towns through 300 stores, plans to touch the 1,000 store mark by the end of 2010, reports Financial Chronicle. More...

Ruby Tuesday expands in Middle East, UK

Casual dining chain Ruby Tuesday Inc said Monday it had inked new international franchise agreements in the Middle East and the UK for its namesake brand. More...

Marks and Spencer to open franchises in hospitals

Marks and Spencer plans to open Simply Food franchises in hospitals around the UK over the next five years, agency reports. More...

China resources enterprises to acquire 75 Home World hypermarkets

Hong Kong-listed China Resources Enterprise Limited has announced that it will exchange assets with its parent company, China Resources Group. Under the exchanges, China Resources Enterprises will gain 75 Home World hypermarkets as well as a brewery in Shandong from China Resources Group; in return, it will hand over its non-core businesses of textiles and container terminals. In addition, it will pay a price difference of HKD30 million to its parent company, agency reports. More...

Canon to acquire Oce for euro 730 million

Japanese digital camera maker Canon said it plans to acquire Netherlands-based copier and printer maker Oce for euro 730 million in an all cash deal, aiming to create a global leader in printing industry, agency reports. More...

Shoppers Stop to invest Rs 226 crore on 15 stores

Shoppers Stop is planning to invest Rs 225 crore in setting up 15 more stores in the next three years. "We don't want to be the largest retailer. We are conservative in our growth plans," said Vinay Bhatia, marketing-vice president of Shoppers Stop. More...

Mahindra FirstChoice plans to expand outlets

Mahindra FirstChoice Wheels Ltd, engaged in the used car business, plans to treble the number of its outlets in the country in the next three years. More...

Oakley looks to expand sunglass market

US-based premium sunglass brand Oakley Inc is stepping up its distribution as part of its effort to garner market share in India. The company is also looking to add apparel and footwear to its portfolio shortly, reports Business Line. More...

Subhash Chandra plans US wellness empire

Media and broadcasting mogul Subhash Chandra is creating a health and wellness platform in the US to cash in on the world's fastest-growing market for fitness solutions, reports PTI. More...

Big Cinemas strengthens presence in Saurashtra

Big Cinemas, a division of Reliance Media Works Ltd and member of the Reliance Anil Dhirubhai Ambani Group (ADAG), has lined up the launch of its multi-screen theatres in Rajkot. More...

Sri Venkateshwara to develop two multiplexes in Hyderabad

Sri Venkateshwara Multiplexes Pvt Ltd, which has come up with SVM@36 – Entertainment Highpoint in Hyderabad, is planning two multiplexes in the twin cities in the next two years. The company has tied up with two property owners, one each in Hyderabad and Secunderabad, reports Business Line. More...