Sagar Ratna Hotels to expand overseas via franchising

New Delhi-based Sagar Ratna Hospitalities, owners of Swagath and Sagar Ratna chain of restaurants, is reportedly planning to venture into overseas markets in the coming years via the franchise route. Sagar Ratna is a vegetarian south Indian cuisine restaurant brand, while Swagath is a non-vegetarian Indian Mughlai, Manglorean, Malabari and Chinese cuisines brand. More...

Hope Floats

Notwithstanding a recent KPMG study that predicts slowdown in the retail sector to continue for another 12-18 months, there are encouraging signs of retail revival. The sector is now in correction mode, shedding some of its flab accumulated as a result of indiscriminate expansion. More...

Kohl's Department Stores on expansion mode

Kohl's Department Stores announced the grand opening of nine new stores, bringing more than 1,500 jobs to communities across five states in the US. The company said it adds nine stores in five states namely Maryland, Mississippi, New York, Oregon and Pennsylvania and intends to open a total of about 30 new stores in 2010. More...

Yamada Denki to open new store in China

Yamada Denki, one of the largest electronics retailers in Japan, is planning to open a flagship store in China. More...

Aditya Birla Retail aims becoming $2.5 billion biz by 2017-18

Aditya Birla Retail Limited (ABRL), the retail arm of the Aditya Birla Group, aims to be a $2.5-billion entity by 2017-18, a top company official said. More...

Titan plans about Rs 100 crore capex in FY11

Titan Industries Ltd is planning about Rs 100 crore of capital expenditure in FY11, and is eyeing expansion opportunities in parts of Asia and South Africa, managing director Bhaskar Bhat has said. More...

Reliance Trends to add 1.5 million sq ft retail space

Reliance Trends, the large format apparel store chain of Reliance Retail, has recognised the growing affluence of smaller cities and towns in India. While it has revised its timeline for achieving the 100-store target, the emphasis is on A and B class towns. More...

Gitanjali Group eyes Rs 10,000 crore turnover in two years

Gitanjali Group said its topline is likely to cross Rs 10,000 crore in the next two years buoyed by a 50 per cent increase in retail space to 15 lakh sq ft in the country. More...

24/7 plans to open 2,000 stores in the next 3 years

Twenty Four Seven Retail Stores, a KK Modi group venture, is making yet another attempt to strike it rich in the retail sector. It plans to open 2,000 stores in the country in the next three years at an estimated investment of Rs 150 crore. In 2007, the company announced its plans to open 178 stores in Delhi and its suburbs within one year's time. More...

Woodland to launch kids’ shoes

Footwear and apparel firm Woodland is giving a big push to the kidswear segment with plans to launch range of shoes for children by the middle of this year and open dedicated shop-in-shops format for the segment. More...