Brick and mortar retail biggies logs on to e-commerce

Mumbai –  Brick and mortar retail biggies Madura Fashion & Lifestyle, DLF Brands and Mukesh Ambani-led Reliance Brands are looking to tap the thriving e-commerce space even as specialized online retailers lead the consumer internet story in India. Aditya Birla group’s Madura, which owns brands such as Louis Philippe and Allen Solly, has just gone […]

Future Group to merge eZone and Hometown formats : report

Future Group reportedly plans to merge the formats of eZone (consumer electronics) and Hometown (furniture and lifestyle) to drive efficiencies and improve profitability for both businesses. It has even consolidated them under a single head. “There is cross pollination of products between the two formats and they are headed for a merger,” said Rajan Malhotra, […]

Lifestyle plans Rs 600-cr spend in 2-3 years to expand footprint

Chennai: Betting big on the country’s economic growth and its positive impact on the retail industry, Lifestyle International Pvt Ltd, part of the $5-b Landmark Group of Dubai, is planning to invest another Rs 600 crore in the next three years to widen its footprint across cities. Announcing the launch of the group’s new Lifestyle […]

Big brands within Aam Admi’s reach at Oberoi Mall

Aiming to extend the experience of big brands to a large number of people, Oberoi Mall today hosted its 50-50 sale offering merchandise at flat 50% discount. The unique sale drew huge response with crowds thronging various shops selling the latest items from apparels to jewellery, footwear, branded bags, and watches at unprecedented prices from brands […]

Caprese enters India

The latest entrant in the Indian market is international fashion brand Caprese,offering a wide range of elegant and fashionable ladies handbags. Inspired from the Isle of Capri, a small island in the Campania region of Italy; Caprese handbags are made with a distinctly modern design language. Embracing a holistic concept, the sculptural aesthetics of the […]

Retailers stare at a dismal future after bumper Diwali

Deep discounts by the leading retailers across the key food and grocery segments have lured inflation-hit shoppers back to big box stores this Diwali. However, the question remains whether the boom will continue when the discounts are withdrawn and prices return to normal levels. Arvind Singhal, chairman of Technopak Advisors said that with inflation running […]

It’s a booming Diwali for retail biggies

India’s biggest retailers have a good reason to cheer this Diwali as festive sales are proved to be much better than expectations. They are celebrating festivities along with consumers with heightened sale activity and constantly ringing cash registers. In fact, Shoppers Stop witnessed its highest single-day sales on Sunday November 11, at Rs 21.59 crores, […]

Sale of premium products shining this Diwali

This festive season seems to be working in favour of retailers. Consumers, who so far were showing averseness to spending, have suddenly turned to stores and malls showing a distinct preference towards buying premium products. Leading retailers for example, Shoppers Stop, Lifestyle, ITC Wills Lifestyle and Future Group apart from electronic brands like Samsung and […]

Pavers England to buy out Indian franchise partner

New Delhi: UK-based footwear retailer Pavers England will buy out its franchise partner, Chennai-based Triton Retail, as it gets ready for solo journey in India following government’s approval of its proposal to invest Rs 100 crore in single-brand retail. The company at present runs 30 stores in different cities in India through Triton Retail. “We […]

Lifestyle again bags Images Most Admired Retailer award

Lifestyle, India’s leading shopping destination synonymous with fashion and gracious living, has once again received top honours as the ‘Images Most Admired Retailer : Department Store’ at Images Retail Awards 2012 – one of the most coveted awards of the organised retail industry in India. Lifestyle which emerged as Indian shopper’s top choice in the […]