Retail Markets

Mayawati Orders Reliance and Spencer to Close their Stores in UP

Chief Minister of Uttar PradeshThe Uttar Pradesh Chief Minister Mayawati ha

GHCL Plans to enter Retail Sector

Gujarat Heavy Chemicals LimitedGujarat Heavy Chemicals Limited (GHCL) has announced

Reliance Retail To Open Up Mega Retail Outlet

Reliance FreshAccording to the reports Reliance Retail is ready to open up 500 hypermarkets crosswise the country by next three years (2010).

The company showed a glance of its jumbo plans by opening up a huge 165,000 sq.ft hypermarket RelianceMart in Ahmedabad, which is largest complete format store in the country.

Vishal Retail To Invest Rs 200 Cr For 40 Stores In Northern India

Mumbai: Delhi-based Vishal Retail is ready to invest Rs 200 crore to establish 40 additional stores largely in northern India.

Vishal Retail Managing Director Ramchandra Aggarwal stated, “In addition to 53 stores that we have at the moment across 41 cities, we want to put up 40 more in the current fiscal year entailing Rs 200 crore investments.”

Retail Market - Potentials & Opportunities

ICICI Property prepared a report, India Retail Real Estate The Road Ahead, that says the total real estate requirement of the future organized retail chains will be far more than the construction i