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They may not be converted into hypermarkets and supermarkets as many are on city outskirts
Raw material pressures and lack of pricing power key reasons for this view
Avenue Supermarts could scale up the chain known for its knockdown prices on everything from lentils to laundry powder to 1,500 supermarkets from 284
Customers buying smaller packs as both traditional kirana shops and modern supermarkets clock business: NielsenIQ
BigBasket expects GMV to grow 30% to Rs 13,000 cr in FY23 with quick commerce push; will scale up offline stores from 90 to 695 in a year, will double footprint to 70 cities
Known for its sprawling business interests worldwide, billionaire Yussuf Ali-led Lulu Group is now entering northern India with one of the largest supermarkets in Uttar Pradesh
Abu Dhabibased supermarket chain Lulu Group opened a mall in Lucknow on Sunday as it expands in the country of its founder Yusuff Ali.
Police said he shot 11 Black victims and two who were white before surrendering to police
Social activist Anna Hazare on Monday said it was unfortunate that the Maharashtra government was giving priority to liquor sale for financial gains
Maharashtra Leader of Opposition Devendra Fadnavis on Friday said that the Maha Vikas Aghadi government's decision on Thursday to allow sale of liquor in supermarkets smacked of a "deal"
This is the second DMart store in NCR, the first one is in Ghaziabad.
Shares in British supermarket chain Morrisons spiked higher Friday after New York-based private equity firm Clayton, Dubilier & Rice trumped a previous offer for the company with a 7 billion-pound ($9.5 billion) bid. Morrisons' board has accepted the offer and said shareholders should vote in favor of the takeover at a meeting due in early October. That means the company has withdrawn its recommendation for investors to accept a previous 6.7 billion-pound takeover deal from a consortium led by rival private equity firm Fortress, which said it was considering its options. The news of the new offer and the possibility of a continuation in the bidding war buoyed Morrisons' share price. In morning trading in London, it was up 4.3% at 291.20 pence. Morrisons is Britain's fourth-largest retailer, employing about 110,000 people in nearly 500 stores and over 300 gas stations. The new offer comes a week after CD&R was given an extended deadline until Friday afternoon by British ...
Morrisons, the UK's fourth-largest supermarket chain, has accepted a 6.3 billion-pound (USD 8.7 billion) takeover bid from a group of buyers led by Fortress Investment Group. The deal comes as investment firms look for opportunities in Britain, where the country's departure from the European Union and the COVID-19 pandemic have weighed on share prices. Just last month, Morrisons rejected an unsolicited offer of 5.5 billion pounds from New York-based Clayton, Dubilier & Rice, saying the bid undervalued the company. The group led by Fortress, a New York-based private equity firm, agreed to pay 254 pence per share for Morrisons, 42 per cent more than the shares were worth before the bid from Clayton Dubilier. The buyers also include the Canada Pension Plan Investment Board and Koch Real Estate Investments. We have looked very carefully at Fortress' approach, their plans for the business and their overall suitability as an owner of a unique British food-maker and shopkeeper, said ...
Retailers like sandwich chain Pret a Manger Ltd can serve as a model for how to accommodate remote workers.
Tesco is Britain's biggest supermarket
India's retail landscape is changing, with global and domestic consumer and retail behemoths fighting tooth and nail to woo shoppers, as many choose large, clean supermarkets over crowded local stores
Margins not impacted significantly even as firms offer everything from price-offs and grammage increase to buy-one-get-one free schemes, combo packs
Pull off an acquisition bigger than the Tatas' Corus and JLR deals, will hold controlling stake while Amazon will own a minority share
Companies say low-unit packs as well as lesser-known brands seeing greater traction during lockdown
Retailers have warned that hoarding toilet paper, cleaning supplies and food staples was fueling shortages and stoking fear