retail

Hindustan Unilever Ltd (HUL) is planning to extend its out of home (OOH) business by establishing kiosks under its Lipton brand. The company plans to setup 50 kiosks at corporate parks, railway stations and airports. The new experiential kiosks would serve mocktails and health-oriented beverages from HUL’s beverage brands, unlike the usual vending machines. Beside … Read more Lipton Kiosks to Compete Coffee Day – Serve Ice-Creams too

Spencer’s Retail, belonging to the RPG Group, is expected to report a net loss of around Rs 250 crore for the current fiscal. However, analysts state that the company will be in a position to reduce its losses in the next fiscal. As part of its austerity measures, the company has decided to shut stores … Read more Spencer’s Retail likely to post Rs 250 cr loss this fiscal

Titan Eye, a subsidiary of Titan Industries, has inaugurated its first showroom in Kochi, Kerala. With this, the company now has 63 stores across various locations in the country. The company is planning to roll out four to five stores a month across India. Of this 6-7 stores would be set up in the state … Read more Titan Eye + Plus opens new store in Kochi

Retail chain major Subhiksha Trading Services has decided to shed half of its leased properties on account of mounting lease rentals as the company is facing a severe financial crisis. The retail chain, which has around 1,600 shops in India and is spending around Rs 7 crore every month as rent, will save around Rs … Read more Crisis-ridden Subhiksha to shed 50% of leased properties to cut costs