Tag Archives: hypermarket

Reliance Retail to transform hypermarkets in to cash & carry stores

Having a hard time competing with local kirana stores, Reliance Retail, aims to transform few of its giant sized hypermarkets in to wholesale cash & carry stores.

The first under the conversion plan is 44,000 sq ft Reliance Mart in Bhopal’s Aashima Mall which is under renovation currently and is expected to open in a new avtar in February 2014. The other two to be apparently converted are in Ludhiana and Aurangabad, each.

With the cash and carry model, the organised retailers will be able to supply bulk order to the kirana stores, which otherwise were their competition.

Modern retail has always been a step behind when it comes to consumers’ preference to shop for food and grocery, though modern retail stores offer a wide variety what they are unable to offer is good price. While modern retail sells at MRP until a scheme run by brand, neighbourhood stores sells at wholesale price 365 days of the and if you are lucky you can also avail ongoing schemes.¬†

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Tata Trent says no to malls for Star Bazaar; breaks ties with Xander Group

Tata Trent, the retail arm of Tata Group, has ended its six year old agreement with Xander Group, which funded its stores opening across malls. The arm now plans to open standalone Star Bazaar stores and not restrict itself to malls.

Unfortunately, Tata Trent which has a ¬†franchise and a wholesale supply arrangement with Tesco Plc, could not open any Star Bazaar in 2012-13 as they all were located in malls. These stores could not operational as the overall package din’t come across as attractive.star bazaar Continue reading Tata Trent says no to malls for Star Bazaar; breaks ties with Xander Group