‘Mart’ ing it up for you …

The Indian retail place is getting attractive with every passing day. Reliance Industries is planning to launch its home solutions retail venture by end 2007. The Rs30 billion venture will have a chain of 100 standalone specialised home solution outlets. To be rolled out by Reliance Retail (the retail arm of Reliance) these outlets will have a space of 40,000- 60,000 sq ft . Though the name is yet to be decided, the format of these outlets would be shops in shops within Reliance’s hypermarkets. The first hypermarket to be opened in August would be at Ahmedabad while the second would come up two months later in Jamnagar. The next big activity in the retail space is the predicted acquisition of Piramyd Retail by the Aditya Birla Group. The Group had already acquired Trinethra Retail, in beginning this year. Piramyd Retail has seven Piramyd lifestyle outlets and around fourteen Trumart grocery shops around the country.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

S‘BOEMACEHTH’ AINBGO TUOT !

A small secluded patch on the world map, the Bahamas are a good refuge from the din. As summer approaches, the heat sinks into the sand and sea waiting for someone to take a dip solely to make realize that Earth and water can pass on the feeling of what ‘sun-kissed’ really means. This tropical wonder awaits visitors who can reaffirm its renown for beauty such that it must have crossed Christopher Columbus’ mind to drop the idea of exploring any further, at least once, for a glance around renders one immediately destressed! The sparkling clear blue water, the unending view of the sea, the caressing breeze and the soft and inviting white sand beaches, the Bahamas have all the ingredients in perfect measure!

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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