User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Big Bazaar
Last updated: Apr 03 2018 12:44 IST RSS 2.0
 
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Paytm Mall fetches $450 million additional funding from Softbank and Alibaba 3.4.2018 Sify Finance
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HDFC Bank ropes in Citi executive to head corporate banking 22.3.2018 General News
Retail-focused private sector lender HDFC Bank has roped in a Citibank veteran Rahul Shukla to head its corporate and business banking business. Shukla joins the second largest private sector lender after spending over 25 years with Citibank where he was heading the corporate banking vertical for South Asia. Shukla will report to Kaizad Bharucha, executive director, who heads the wholesale banking business, which contributes about 45 per cent to HDFC Bank's loan portfolio. ********************* NPCI ties up with Big Bazaar to offer discounts on RuPay cards * The National Payments Corporation of India (NPCI) has tied up with retailer Big Bazaar to offer up to 10 per cent discount on RuPay debit and credit card transactions. The offer, valid from March 23 to April 30, is applicable on all purchases made at Big Bazaar, Food Bazaar, eZone and fbb, for Rs 1,500 or above, with a maximum discount of Rs 250. RuPay is the first-of-its-kind domestic debit and credit card payment .
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Soon, retail stores to have designer Khadi corners 6.2.2018 General News
Soon, big retail stores will have dedicated space for selling designer Khadi products, as the government looks to aggressively market the indigenous fabric and popularise it among the masses, a move which is likely to help increase the income of artisans. Addressing a press conference here, Union MSME Minister Giriraj Singh said 800 villages will be converted to Khadi clusters for generating employment, adding that the government was working towards taking Khadi out from Khadi Bhawan and take it to malls and retail chains. "People generally perceive Khadi as not fashionable and something worn by the older generation. Therefore we spoke to 30 retail chains like Big Bazaar, Pantaloons, W, Globus, etc. (in Mumbai). "The outcome is that for the first time you will see exclusive Khadi corners with designer Khadi products in many of these retail chains which will add value. In the process this will also help the artisans," MSME Secretary Arun Kumar Panda said.
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Amul, Parle revered by Indians at par with global brands 31.1.2018 Sify Finance
With domestic brands like Amul, Parle, Big Bazaar and Dabur featuring in the top ten list of India's most popular brands, a Nikkei BP-Market Xcel Data Matrix survey revealed that domestic brands are liked and revered by Indian consumers at par with international brands like Samsung and Coca-Cola.
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Amul, Parle revered by Indians at par with global brands 31.1.2018 All News-IANS Stories
With domestic brands like Amul, Parle, Big Bazaar and Dabur featuring in the top ten list of India's most popular brands, a Nikkei BP-Market Xcel Data Matrix survey revealed that domestic brands are liked and revered by Indian consumers at par with international brands like Samsung and Coca-Cola.
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Quarterly results preview: Retailers may post an average of 15.4% growth 11.1.2018 Market News
Avenue Supermarts (D-Mart) is expected to have a seasonally strong quarter, with sequential revenue growth expectation of 21 per cent
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Future Group will be among top 10 fashion firms by FY19:Biyani 6.12.2017 Business Standard: Front Page Headlines
Retail conglomerate Future Group, which owns fashion chains like Big Bazaar, Brand Factory and Central, will be among the top 10 global fashion companies selling about 35 crore garments by FY2019, group CEO Kishore Biyani said today. The ...
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Why retailers are betting big on small towns 5.12.2017 Rediff: Business
The expansion into smaller towns is coming at a time when the online retail space has not only seen consolidation but is actually looking to collaborate with physical stores. Abhineet Kumar reports.
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Retailers go to small towns for big growth 2.12.2017 Business Standard: Today
Reliance Digital has established its presence in more than 100 cities and plans to expand further
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Brands take the Facebook bait 28.11.2017 Business Standard: News Now
The social media platform hones its business skills for the local market , wins brands and advertisers over
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Future Group aims to open 10,000 EasyDay stores by 2022 21.11.2017 News
At present, the group's businesses include Big Bazaar, Food Bazaar, lifestyle stores like Brand Factory, and Central
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357 cases booked against malls, restaurants 28.10.2017 Hindu: Home
The business establishments were fleecing consumers in name of GST
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Consumer electronics sales sparkle this Diwali 17.10.2017 DNA: Top News
Despite holding pre- and post goods and services tax (GST) stock clearance sales, manufacturers and retailers of consumer electronics are looking at a healthy double-digit growth this festive season. Consumer buying sentiments in the pre-Diwali season, industry players said have been encouraging and taking into account the consumer turnout in the last few days, the expected business growth is anywhere between 15% and 30%. Amit Gujral, chief marketing officer, LG India, said GST has not changed any consumer behaviour and has had no impact on festive sales as far as LG is concerned. "Festivities started with Onam down South and LG witnessed 30% growth in business followed by another 27% growth over last year due to festivals like Ganeshotsav, Navratri, Durga Pooja, Dussehra. We are certain the festivities ongoing shall have continued buying behaviour from consumers and we are hoping to garner double digits growth as compared to previous years," he said. Echoing the sentiments, Rishi Suri, director - ...
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A case of ambush marketing 9.10.2017 Business Standard: News Now
The fear is the offer will incentivise shoppers to move from offline to online
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Big Retailers like ITC, Nestle & Coca-Cola cry foul over Amazon’s ‘ambush’ 9.10.2017 ET: Retailing
“We will not allow ambush marketing at any cost,” said Kishore Biyani, founder of Future Group, the country’s largest brick-and-mortar retail network.
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Future set to up fashion quotient of HyperCity 7.10.2017 Latest News
After rebranding HyperCity stores as Big Bazaar Gen NXT, Future would set up FBB (earlier called Fashion at Big Bazaar) inside the stores
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Shoppers Stop, Future shares rise on deal 6.10.2017 Hindu: Home
‘Hypercity to spur Future’s expansion’
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Kishore Biyani snaps up K Rahejas Group's loss-making Hypercity for Rs 655 crore 5.10.2017 ET: Retailing
The deal will give the Future Retail's flagship retail chain Big Bazaar access to a premium brand and great locations in main metros.
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Kishore Biyani to buy HyperCity for Rs 911 crore 5.10.2017 Latest News
The takeover value of Rs 911 crore includes Rs 655 crore of stock and cash, remaining being debt
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Future Retail set to acquire HyperCity for Rs 700 crore 5.10.2017 ET: Retailing
As part of a strategy to more than treble its revenue to Rs 75,000 crore to Rs 1 lakh crore by 2021, the Future Group has also been aggressively adding stores.
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