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Sam Walton's Rules In July 1962, Walton - an economics graduate from the University of Missouri, established the first Wal-Mart Discount city in Rogers, a small town in the state of Arkansas, USA. He laid down three principles that later became an integral part of Wal-Mart's culture. The...

WHY MOM & POP STORES WOULD SURVIVE??? Convneince of location, and close proximity to home is the real advantage of this MAP (MOM AND POP) stores. Home delivery is done only in the proximity of 3-5 kms, by the organized retailers. Prices of many items - specially loose staples, food grains...

"Made in America", by Sam Walton. The following are the excerpts from the first few pages: Hello, friends, I'm Sam Walton, founder and Chairman of Wal-Mart Stores. By now I hope you've shopped in one of our stores or may be bought some stock in our company. If you have, you probably already...

Middle East retail giant LULU to set up first mega mall in Cochin [This is an old report] EMKE group, the biggest retail chain based in the UAE with operations spread across the Middle East is all set to enter the Indian retail sector with mega shopping malls and hypermarkets. The group which...

PROZONE-OMAXE IN RETAIL JV As part of Prozone's plan to develop India 's largest shopping mall network, Prozone Enterprises, the wholly owned subsidiary of Provogue , signed a JV with Omaxe Group, one of the largest real estate developers in North India , to develop shopping malls in townships...

RPG & LANDMARK MAKING MORE NEWS BOOKS AND BEYOND FROM RPG SOON RPG Retail is planning to foray into books retail, with the launch its own bookstores "Books and Beyond" by October this year. "Books and Beyond" will follow the Music World strategy for its expansion. The first standalone outlet...

Why did Wal-Mart follows Carrefour, exit South Korea? [This is an old report] Wal-Mart Stores has followed French retailer Carrefour, in withdrawing from South Korea on May 30, becoming the latest global brand to fail in an economy characteristed by highly localised tastes and strong loyalty to...

VISHAL MEGA MART LAUNCHES FIRST HYPERMARKET IN UDAIPUR Vishal Group launched their first hyper market Vishal Mega mart in Udaipur this month. Spread over 25,000 sq.ft, the store offers extensive range of men's, women's and kids' range of fashion clothing. Beside fashion attire, it will also...

Home Solutions Retail (India) Ltd. launches E-ZONE consumer durables store Home Solutions Retail ( India ) Ltd, a group company of the Future Group (formerly Pantaloon Retail India Ltd.) has launched E-Zone, its first electronics store at Jayanagar in Bangalore . The outlet covers an area...

TRINETHRA SUPER RETAIL TO INVEST RS.1 BILLION IN EXPANSION Trinethra Super Retail Ltd. (TSRL), the Hyderabad-based retail marketing chain, will invest Rs.1 billion over the next two years in order to expand business and open more outlets in South India. According to reports, the number of...

KAYA SKIN CLINIC TARGETS 55 OUTLETS BY END FY-07 Kaya Skin Clinic, the beauty & wellness services chain from Marico Ltd., plans to open 55 outlets by the end of 2007. The company is hoping for a tally of 50 such outlets covering a total retail space of 75,000 sq.ft across 18 cities by the...

PRESTIGE GROUP PLANS TO INVEST RS.2,500 CRORE Bangalore based real estate developer; Prestige Group, plans to invest Rs.2,500 crore into the mall development business over the next two to three years. The group has plans to set up malls in Chennai, Hyderabad , Bangalore , Mangalore, etc...

SPINACH TO GROW FROM 10 TO 60 OUTLETS BY THE YEAR END Wadhawan Food Retail Pvt. Ltd. (WFRL), which operates 10 food retail outlets under the brand name Spinach, has plans to open 60 food and grocery stores in Mumbai and Pune by the end of this year. The company plans to expand further to the...

The High Street Mall Tussle: What Works? On the sidelines of THE SHOP, New Delhi, IMAGES Retail did a quick sampling of some of India's leading fashion and lifestyle brands, quizzing them on their most successful retail outlets in North India. The respondents include Benetton, Apollo...

EAST INDIA RETAIL: NOW AND TOMORROW The region logged Rs.2,20,000 crore retail spending in 2004-05, as per IMAGES-CII estimates published in 2005. Quality Retail Space in Shopping Centres • Already Operational: Approx 1.5 million sq.ft • Under Development: Over 5 million sq.ft • Under...

DAY II AT 'THE SHOP' 'THE SHOP' carried into day two with much the same dynamism and excitement as top industry players' presence and participation gave it a new dimension. Echoing the industry's positive mood, Partha Datta Gupta, CEO of Barista, said benchmarking in all areas of retailing...

THE SHOP TAKES ON EAST INDIA TELLS KOLKATA TO STEP IT UP Heads of the top retail companies and consumers brands of India, retail real estate giants and retail support providers along with a slew of Indian and global experts and policy makers assembled at the East zone chapter of the India...

Reliance Retail Finally, the behemoth who may well be the catalyst for all these aggressive and ambitious moves. The Reliance group's revenue is estimated to be the equivalent of 3.5 per cent of India's GDP and it is believed to be contributing as much as 17 per cent of the total profits of...

BPCL (In & Out) The state-owned Bharat Petroleum Corporation Ltd (BPCL) has over 6,600 retail outlets across the country with over 1.6 million petro-card members and a convenience store (In & Out) network of 580 outlets across over 120 cities. In & Out stores offer services and promotions...

Ebony Retail Holdings Ltd. Ebony Retail Holdings Ltd., a part of the DS Group, is the only Delhi headquartered retailer in India with seven stores in North India. Starting with a store in New Delhi in 1994, Ebony expanded its presence to seven stores across seven north Indian cities covering...