Hypermarket

Part of the RP-Sanjiv Goenka Group, the retailer will open new stores in six South Indian cities this month.

Fire accident at V-Mart store in Kanpur; inventory, fixed assets damaged

"There was no loss or injury to human life," the company clarified. In terms of the damage caused to the inventory, fixed assets and cash, V-Mart said it is in the process of ascertaining the actual amount of losses incurred.

MC Exclusive | Lulu Group aims at retail opportunities in Noida, Gurugram, scouts for land

In Gurugram, the company has taken up a space in a mall for a hypermarket. “This is under construction. This should be operational in about a year-and-a-half,” Shibu Philips, Director-Shopping Malls of Lulu Group India told Moneycontrol

NRI-owned Lulu Group opens 1st hypermarket in Malaysia

The Lulu Group, one of the largest retail chains in the Middle East, currently operates 126 stores across the Gulf Cooperation Council -- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE, -- Egypt, India, Indonesia.

Trent rises 3% on tie-up to distribute private FMCG labels

It is learnt that the group may announce Trent tie-up on March 3 and it will distribute private FMCG labels via Trent's Star Bazaar stores.

Trent up 6% on FIPB nod to form JV in multi-brand retail

After the approval, Tesco will pick up a 50 percent stake in Trent Hypermarket Ltd, a wholly-owned subsidiary of Trent Ltd , a Tata group company.

Trent rises 4% ahead of FIPB meet

The FIPB, headed by Economic Affairs Secretary Arvind Mayaram, is likely to take up Tesco's plans to enter the Indian multi-brand retail segment with an initial investment of USD 110 million. If the application is approved, Tesco will pick up a 50 percent stake in Trent Hypermarket, a wholly owned subsidiary of Trent, a Tata group company.

HyperCity to stop consumer durables sales, resize stores

Shoppers Stop closed a HyperCity store in Ludhiana in Q1 and is rightsizing stores in Hyderabad and Vashi. HyperCity will stop selling consumer durables and IT products over the next 12-15 months and that will free up 15,000-20,000 sq. feet of space at each outlet.

Hypercity aims to breakeven in FY15 with high margin biz

Business may not have been hyper so far for Hypercity, the Shoppers Stop-owned hypermarket chain. The company has now adopted a multi-pronged strategy to ensure it breaks even in 2015 reports CNBC-TV18's Farah Bookwala.

HyperCity sees slowdown in electronics, furniture sales

Shoppers Stop owned hypermarket operator HyperCity says there is some slowdown in sales in segments like electronic goods and furniture this year as consumers cut back on discretionary spends amid the overall economic slowdown.