Retail News Roundup

The business of Retail is exploding. Reliance has already opened 17 Reliance Fresh stores, Subhiksha claims to have become the biggest retail chain, Wal-Mart will be here in August, 2007 with plans to open several hundred stores, Pantaloon is pushing ahead with newer formats and bigger stores, Tatas are expanding, Birlas are exploring; well the list is endless.

It is difficult to keep track of all the news that keeps flowing in. We have, therefore, decided to publish a digest of the news stories, with direct links to their sources, to keep our readers abreast of the pace at which this business is evolving.

Here, then is the first roundup of such news reports:

Bharti-Wal-Mart deal reaches PMO corridor

Arch rival Lotte Mart may chase Wal-Mart in India

Bharti plans retail push in Bengal

Reliance acquires Adani Retail

Reliance Retail moves into Axis mall

Piramyd Retail announces launch of outlet in Jaipur

S Kumars to launch foreign luxury brands

Heritage Foods forays into retail

Shoppers’ Stop forms JV with Swiss firm

Booming retail sector: Toys industry sees ripple effect

Vishal plans to set up 80 stores

Vishal Retail files for IPO

Fossil in 50:50 joint venture with Rajesh Exports

Sleepins Apparels plans to launch Bia

Osim India plans finance schemes for products

With HCL stores, gadgets cease to be a puzzle


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