Stores

The CEO said that the company will bring products in the mid and affordable segment in EVs in the next 4-5 quarters, leveraging the strengths of Hero dealerships and collaborating on charging

Jaipur Rugs targets to open 35 stores in next 5 years, says Company director

The company, which on Tuesday opened its latest store in Dubai, is aiming to reach around 100 stores within the next 10 years

Avenue Supermarts stock rallies after company reports 3% rise in Q4 net profit

January 2022 started extremely well but then the Omicron wave of Covid‐19 reduced the momentum over the middle of the month, the company added.

Ideas For Profit | TCNS Clothing: Strong balance sheet & return ratios; focus on improving working capital to aid stock

At the current market price, TCNS’ stock is trading at P/E of about 31 times and EV/EBIDTA of 13 times its projected FY24 earnings. The stock is close to pre-COVID levels, and we believe investors should add the stock to their portfolio. Here’s why

JC Penney closing 154 stores in first post-bankruptcy phase

The Plano, Texas-based retailer said it could take about 10 to 16 weeks to complete the closures. A list of the stores closing was published on Penney's website.

Future Retail’s Sabse Saste Din may debut on Amazon this year: Report

The e-commerce platform is likely to tap the group's strong physical store network for its Amazon Now project

Apple holds talks with govt on opening stores in India

Apple Inc officials today met Commerce Ministry top brass amid its plans to open stores in India without initially having to source components locally.

IKEA to invest Rs 2,000 cr in Haryana; signs MoU with state

In 2015, IKEA had signed MoUs with Karnataka, Telengana, Uttar Pradesh and Maharashtra to set up stores.

Walmart 2.0 wants to create a fresh innings in India

CNBC-TV18 travelled to Agra and caught up with Krish Iyer, CEO Walmart India, who was appointed by the Asia Pacific head of the retail giant Scott Price to set the house in order in the worlds second most promising market after China.

Allen Solly aims Rs 1K cr sales in '16; to open more stores

Allen Solly, the premium readymade brand from Madura Garments owned by Aditya Birla Group, is eyeing a turnover of Rs 1,000 crore in FY16.

Liberty Shoes Q2 net up 25.24% at Rs 2.53 crore

Net sales in the quarter under review stood at Rs 143.8 crore, up 31.89 percent as against Rs 109.03 crore in the corresponding quarter last year, the company said in a filing to the BSE.

After long wait, IKEA in no rush for quick launch of stores

Juvencio Maeztu, head of IKEA's operations in India, says that no shortcuts will be taken in the process of launching its stores in India. With access to the largest number of people being the retail giant's credo, Maeztu adds that the company‘s focus is on the cities with the largest populations.

IKEA hails Govt‘s nod; to offer affordable goods

Swedish major IKEA on Thursday welcomed the government's decision to open its stores in India saying the company will offer home furnishing solutions at an affordable price, besides ramping up sourcing from the country.

Will use IPO funds for more stores, repay debt: Tara Jewels

Rajeev Sheth, CMD, Tara Jewels explains to CNBC-TV18 that funds from the IPO will be used to set up an additional 20 stores and repay debt borrowed from the banks.

Report finds Indians spend more online than in stores

The scope of the Internet is expansive. Most tasks like paying bills, booking tickets, online shopping, etc. can be done in a few clicks. Now, a study by Capgemini has found that...

Samsung Galaxy S3 hits store shelves in India

Samsung Electronics launched its flagship Galaxy S3 smartphone in India on Thursday, making an aggressive push to counter Apple's popular iPhones in a competitive market.

Adidas to slash Reebok store base in India

The Adidas group is suffering from a Rs 1,350 crore rupee shoe-bite from Reebok India. CNBC-TV18's Sajeet Manghat and Animesh Das report that the sporting goods giant will shut down 33% of its Reebok stores in India.

Rajesh Exports to spend Rs 6,600 cr to open 550 outlets

Jewellery exporter and retailer Rajesh Exports [REL] plans to scale up its retail chain 'Shubh Jewellers' to 550 outlets in south India by 2014, and sees revenue of over Rs 20,000 crore from retail alone by 2014-15.

Kewal Kiran sees 25-30% growth; to open 31 stores by March

Kewal Kiran Clothing hopes to maintain a revenue growth of 25-30% in the current fiscal, boosted by strong apparel sales and expansion of its retail operations.

Shoppers Stop to invest Rs 400cr in 4 yrs on expansion

Retail chain Shoppers Stop Ltd today said it will invest up to Rs 400 crore to expand presence in India by opening new stores across formats in the next four years.

Titan Industries sees FY12 sales top Rs 8,200 crore

Titan Industries expects its revenue in the current fiscal (2011-12) will be over Rs 8,200 crore, compared with net sales of Rs 6,352.97 crore in 2010-11, as jewellery demand is expected to continue unabated, while watches and accessories sales too remain strong.