Sunglass Hut targets 30 outlets in India by 2012

The world's largest eye-wear retail chain Sunglass Hut is looking to take the number of its exclusive outlets in the country to 30 by 2012. Sunglass Hut, owned by Italian firm Luxottica, had ventured into India in 2008 under a franchise agreement with realty major DLF's retail management arm DLF Brands. More...

Carrefour plans further store openings in Turkey

Carrefour, the French retail chain working in partnership with Turkey's Sabancı Holding, is planning further growth through opening new stores and by capitalising on all potential opportunities presented by acquisitions in the Turkish domestic market, agency reports. More...

UAE key market for new retailers - survey

More than 80 per cent of retail respondents planning to expand into the Middle East and North Africa (MENA) region said they were focusing on the UAE market, the Arabian Business reported, citing a new research by a leading real estate consultancy. More...

Vishal Retail's CDR plan set to get lenders approval

Vishal Retail's corporate debt restructuring (CDR) proposal is coming up for final clearance before 13 banks today. The company plans restructuring of debt worth Rs 730 crore, the Financial Chronicle reported, citing a top company official. More...

Pantaloon QIP to start today

Pantaloon Retail, the country's largest listed retailer, was likely to open its qualified institutional placement (QIP) issue from Friday. The company plans to raise anywhere between Rs 300 crore to Rs 400 crore from the issue, the Business Standard reported, citing sources. More...

LM 365 targets 150 more stores within a year

LM 365, the food retail format of Shri Lal Mahal Ltd, has plans to open another 150 stores by the end of next (calendar year). At present, there are 50 LM 365 stores in Delhi with a total retail space of 50,000 sq ft, reports Imagesfood. More...

Tata Docomo unveils 'Experience Centre' in Mumbai

Telecom brand Tata Docomo has announced the launch of its first Experience Centre in Bandra, Mumbai. The new Experience Centre is not just a retail outlet but also a high-end destination where a consumer can come and interact with services and experience. It will also showcase a whole new world of value added services allowing visitors to explore the latest in telecom technology and gadgets, according to a company press release. More...

Inox plans 10 new multiplexes in West Bengal

Multiplex chain major Inox Leisure is looking at investing at least Rs 30-40 crore in the next two years to set up 10 new multiplexes in West Bengal. The 10 new multiplexes would entail a total of 40 screens by 2011. At present, the company has seven multiplexes in West Bengal and 26 screens. More...