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Hypermarkets

Spencer's Retail casts net wide to reel in value-conscious consumer

Hypermarket chain to focus on tier III, IV cities, launch to be held in phases

Spencer's Retail casts net wide to reel in value-conscious consumer
Updated On : 16 Jan 2023 | 11:59 PM IST

Spencer's Retail Q1 net loss widens to Rs 33.63 cr; revenue up 12.5%

The company had posted a net loss of Rs 23.55 crore in the April-June period a year ago, Spencer's Retail said in a regulatory filing.

Spencer's Retail Q1 net loss widens to Rs 33.63 cr; revenue up 12.5%
Updated On : 11 Aug 2022 | 3:40 PM IST

Walmart cuts 200 corporate jobs as weak demand, bloated inventory weigh

Walmart will also add an unspecified number of jobs in areas such as e-commerce, health and wellness, ad sales and supply chain

Walmart cuts 200 corporate jobs as weak demand, bloated inventory weigh
Updated On : 04 Aug 2022 | 10:27 PM IST

FMCG volumes recover in urban India in April-June, decline in rural: Report

Customers buying smaller packs as both traditional kirana shops and modern supermarkets clock business: NielsenIQ

FMCG volumes recover in urban India in April-June, decline in rural: Report
Updated On : 02 Aug 2022 | 11:06 PM IST

Big Bazaar plans to have 300 hypermarket stores in next three quarters

Big Bazaar, which has its presence in over 100 cities across the country, is planning to open 16 more stores to take the overall count to 300 over the next three quarters, a company official said

Big Bazaar plans to have 300 hypermarket stores in next three quarters
Updated On : 13 Dec 2020 | 5:05 PM IST

Alibaba to buy controlling stake in hypermarket chain Sun Art for $3.6 bn

(Reuters) - Alibaba Group Holdings <9988.HK> said on Monday it will invest $3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group Ltd <6808.HK>, gaining further ground in China's booming retail market.

Alibaba to buy controlling stake in hypermarket chain Sun Art for $3.6 bn
Updated On : 19 Oct 2020 | 9:54 PM IST

Hypermarkets over the counter: Search for scale is forcing consolidation

The coming year, should see some hyper-activity in the organised retail business

Hypermarkets over the counter: Search for scale is forcing consolidation
Updated On : 18 Oct 2017 | 12:19 AM IST