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: