We encourage consumers to revalue junk, says Big Bazaar's CEO

Consumers did not believe that a modern retailer could be in the business of collecting 'raddi', says Sadashiv Nayak, CEO, Big Bazaar, in an interview. Here are the excerpts: What has been the......

Food retailers take up to 50% hit on margins

Rapidly rising food prices is forcing food and grocery retailers to take a hit of up to 50 per cent on their margins in pulses and groceries. Retail consultants said food and grocery retailers may......

Reliance Retail plans private label sale to kirana

Mukesh Ambani's Reliance Retail is understood to be exploring ways to supply its private labels in food and groceries to kirana stores and small retailers in the country. A separate entity, most......

Pantaloon plans more Big Bazaar outlets

Pantaloon Retail India Limited (Pantaloon) is planning a big push to its spread in the western India region as it will take the number of its family store Big Bazaar to 70 by the end of the current......