Rajesh Exports chalks out new retail strategy; to expand via franchising

In a bid to cater to different buyer segments, Bangalore-based Rajesh Exports is planning an overhaul of its retail brand strategy for gold and diamond jewellery. After converting its ‘Laabh’ branded stores into its more popular ‘Shubh’ brand of retail stores, the company plans to re-launch the Laabh brand in a few months under the franchisee model, reports Business Standard. More...

Smashburger franchise deal focuses on airport locations in US

Smashburger has announced its partnership with PhaseNext Hospitality -- a minority- and woman-owned multi-concept franchise operator focusing on non-traditional venues. Over the next year, PhaseNext will begin to bring Smashburger to seven US airports including Dallas-Ft. Worth (DFW), Houston George Bush Intercontinental (IAH), and Washington Ronald Reagan National (DCA), agency reports. More...

Carrefour Bulgaria names new CEO

Laurent Bendavid is the new chief executive officer (CEO) of Carrefour Bulgaria. Bendavid will take the post from Jean Anthoine, who will be in charge of the management of Carrefour Poland, agency reports. More...

Lifestyle plans Rs 450 crore expansion by 2012

With the economy showing signs of rebound, Lifestyle, the retail chain from the Dubai-based Landmark group is making plans to expand its network beyond the metro cities. The company is looking at a target of setting up nearly 44 Lifestyle stores and Home Centres in three years time at an investment of Rs 450 crore, reports Business Standard. More...

Arvind to open 25 outlets annually

Arvind Brands, a division of Arvind Limited, would set up on an average 25 Megamart stores, its multibrand retail outlet, a year, said company chief executive officer (brands and retail) Suresh J. More...

Jarden in talks to take over brands in home appliances segment

Jarden Consumer Solutions, a subsidiary of the Fortune 500 conglomerate Jarden Corporation having a portfolio of 53 brands, plans to strengthen its Indian footprint through brands takeover, marketing campaign and launching a range of new products, reports Business Line. More...

Reliance Digital plans to launch private labels

Reliance Digital, a unit of Reliance Retail Ltd, is planning to introduce private labels and will target nearly 150 large format retail stores over the next three years. More...

Acer looks beyond Croma for Gateway

Acer, the third largest PC vendor in the country, is planning to expand the reach of its Gateway brand of PCs beyond the outlets of Croma, the electronics retail chain of the Tata Group under its wholly owned subsidiary Infinity Retail Ltd, reports Financial Express. More...

Government mulls pharmacy chain in Nigeria to counter fake drugs

The department of pharma is planning to set up Indian pharmacy chains in Nigeria to combat the damage that China-made fake drugs with ‘made in India’ labels have caused on the image and credibility of the Indian pharma industry, reports Financial Express. More...