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Hypercity Retail

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Why food and grocery retail looks like a tough nut to crack

The sale of Nature’s Basket, Godrej’s chain of food stores in west India, is the second exit by a big group in a year in the category The $4.5-billion Godrej group last week joined......

Why More failed to give shape to Aditya Birla group's retail dream

'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.' Aditya Birla......

How Shoppers Stop pulled itself back

Shoppers Stop returns to its core business after divestments. The retailer plans growth through web and private labels. Four transactions by Shoppers Stop in a fortnight, including divestment of a......

How Kishore Biyani got back his magic touch

From the stock perspective, though, even as all the 10 analysts polled by Bloomberg have a 'buy' recommendation on FRL, their target price of Rs 535 suggest most of the positives are already priced......

Navil Noronha, the low-profile CEO in Damani's empire

Navil Noronha stepped out of the shadows to address the media for the first time during the company's recent IPO. Illustration: Dominic Xavier/Rediff.com. Like his boss the reclusive stock market......

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