Nisa-Today’s and Spar triumph at Retail Industry Awards

 Nisa-Today’s has been named Symbol Group of the Year at the 2007 Retail Industry Awards, held last night at London’s Grosvenor House Hotel.

Nisa fascia

Judges were impressed by the group’s “highly focused and pragmatic range of offers to meet entrepreneurial retailers’ needs” as well as its offering of “substantial incentives to encourage retailers to source stock [...]

Shoppers’ Stop to offer easy loan facilities for consumers

This festival season Shoppers’ Stop is planning to create lower variants in its credit card-based buying options. Reducing its credit limits, the retail chain is looking at options that would not necessarily cater to big-ticket items at its stores.
Mr Govind Shrikhande, Chief Executive Officer, Shoppers’ Stop, told Business Line, “We are looking at giving [...]

Reliance Retail in talks with Gap for franchise

Sourced From: Economic Times
New Delhi, 25 Sep, 2007: Reliance Retail is in talks with the US-based Gap Inc, the world’s largest speciality retail chain, for a franchisee arrangement for Reliance Retail’s apparel business. Gap Inc operates four of the most recognised apparel brands in the world — Gap, Banana Republic, Old Navy and Piperlime.
While [...]

Fresh trouble for Reliance Retail

There’s fresh trouble for Reliance Retail as 4 stores are vandalized in Bhubaneshwar.    Fresh violence. The traders and vegetable vendors targeted other Reliance stores in Bhubaneshwar. About 300 people entered, smashed glass panes and tried to attack the staff. That’s because they fear organised retail will affect their business.      “We want to drive out Reliance [...]

Reliance Retail to pull out of UP

Reliance Retail plans to pull out of Uttar Pradesh, sources said. The company had an investment plan of Rs 9,000 crore for UP off which Rs 3,000 crore has already invested.

The retail venture has 30 stores in UP while it had planned on opening 1,500.
 
Reliance Retail seems to be getting ready to down shutters [...]