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90% of our products are sourced locally: President, Wal-Mart India
Economic Times

FDI in Indian retail may be a while away, but the $405-billion Wal-Mart Inc is not letting grass grow under its feet. As its annual shareholders meet, the spotlight was on Wal-Mart's two Indian cash-and-carry stores that were an instant hit and are now the blueprint for similar stores in Brazil and Mexico. Wal-Mart India president Raj Jain says a perfect business opportunity is in place for cost-efficient local suppliers. Excerpts:

Globus to add five outlets at Rs 30 crore, eyes 18% growth
Financial Express

Globus Stores Private Ltd, the apparel chain promoted by the Rajan Raheja Group, is adding five stores to the existing 25 across the country, at an estimated investment of Rs 25-30 crore. The company, which felt the downturn pinch and was a tad slow in store openings last year, is out of the recessionary phase and hopes to improve its top line in the current financial year.

Lifestyle plans more stores
FashionUnited India (blog)

Lifestyle International, part of the $3.2 billion Dubai-based Landmark group, is planning to open 35 to 38 departmental stores, in its various retail formats, in the next three years. The group is entailing an investment of Rs 480 crores for the three-year plan. The group has stores such as Lifestyle, Home Centre and Max stores, besides the newly-introduced Splash. Most of the funding would be done through equity, debt and internal accruals.

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Interview with G Sankar, Reliance Footprint

G Sankar, Chief Executive, Reliance Footprint

Rural Retailing in India

Emerging Retail

Franchising Opportunities

Retail Omnibus Package

Food and Grocery Retail in India

See major growth in Brandhouse in next 3-4 years: S Kumars

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(Jun 10, src: moneycontrol.com)

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