Speciality Restaurants plans to expand abroad via franchising

Speciality Restaurants that runs restaurant chain Mainland China and Oh! Calcutta is expanding its international presence this year. The firm is launching Mainland China in Dubai, Doha, Qatar and Sri Lanka through the franchise route. The firm's international presence is limited to Beijing and Bangladesh. More...

Hope Floats

Notwithstanding a recent KPMG study that predicts slowdown in the retail sector to continue for another 12-18 months, there are encouraging signs of retail revival. The sector is now in correction mode, shedding some of its flab accumulated as a result of indiscriminate expansion. More...

American Eagle to open stores in Dubai, Kuwait

American Eagle on Thursday announced it would open its first stores outside of North America in the Middle East. More...

Subway eyes matching McDonald's in 10 years

US sandwich chain Subway hopes to match McDonald's in China in terms of total stores within 10 years, Subway president Fred DeLuca said Monday. More...

Aditya Birla Retail to rope in investor

Kumar Mangalam Birla's retail venture, Aditya Birla Retail, is reportedly open to roping in a financial investor to fund its expansion plans. More...

Max Hypermarkets to open 25 superstores by 2012

After a phase of consolidation, billionaire Micky Jagtiani-owned Max Hypermarkets, which operates Spar-branded superstores, plans to expand its presence to new geographies and open 25 hypermarkets by 2012. This will result in a 10-fold increase in the company’s retail space -- from 120,000 sq ft currently to 1.2 million sq ft. More...

Reliance Jewels opens 2nd store in Ahmedabad

Reliance Jewels, the jewellery specialty format of Reliance Retail Ltd (RRL), has announced the launch of its second store in Ahmedabad and 17th across India. More...