Food and grocery retail chain Spinach wants to leverage on the strength of local kiranawalas for growth.
The company has lined up exclusive outlets, international brands and expansion of production capacities for exports.
The UB group may introduce a format of lounge bars where it will sell multi-branded merchandise and invest nearly Rs 8-10 crore (Rs 80-100 million) in each of the stores.
Retail major Shoppers' Stop, part of the K Raheja Corp, is consolidating its luxury retail business by roping in over 40 global brands and has lined up Rs 500 crore
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