India's First Wine, Food and Hospitality Website, INDIAN WINE ACADEMY, Specialists in Food & Wine Programmes. Food Importers in Ten Cities Across India. Publishers of delWine, India’s First Wine.
 
 
Skip Navigation Links
Home
About Us
Indian Market
Wine & Health
Wine Events
Hotels
Retail News
Blog
Contact Us
Skip Navigation Links
Wine Tourism
Book Review
Launch
Winery
TechTalk
Photo Gallery
Readers' Comments
Editorial
Media
Video Wall
Media Partners
Ask Wineguyindia
Wine & Food
Wine Guru
Perspectives
Gerry Dawes
Harvest Reports
Mumbai Reports
Advertise With Us
Classifieds
US Report on Indian Market Released
Top Ten Importers List 2015-16
On Facebook
 
On Twitter
Delhi Wine Club
 

Posted: Tuesday, January 19 2010. 17:47

Carrefour Entry Seems Imminent

After flirting with several Indian retail players including Reliance Retail and the real estate developer giant DLF, Carrefour, the biggest retail chain of Europe seems to want to  settle down and tie the proverbial knot with Future Group owned Pantaloon Retail.

According to a report in the Economics Time, the retail chain will set up franchisee stores in India after six years of wondering and wandering in the second-fastest growing retail country in the world, for partnerships and alliances.

Negotiations are reportedly at advance stage and an agreement can be expected within March this year, according to the paper. The company will set up franchise stores in India.

Kishore Biyani owned Future Group controls the Big Bazaar hypermarket and Food Bazaar supermarket chains in the country. Big Bazaar's 109 stores contribute 65 per cent of the Future Group's US$2bn revenue, while Food Bazaar has 152 stores.

Although the franchise stores may be dealing with similar products as some of Mr Biyani's existing outlets, they would cater more for affluent, upper middle-income customers who like to shop in luxury.

Carrefour would become the fourth big overseas name to enter the US$390bn Indian retail market behind US giant Wal-Mart, UK chain Tesco and Germany's Metro Group.

       

Want to Comment ?
Name    
Email       
Please enter your comments in the space provided below. If there is a problem, please write directly to arora@delwine.com. Thank you.
 

Captcha
Generate a new image

Type letters from the image:


Please note that it may take some time to get your comment published...Editor

Wine In India, Indian Wine, International Wine, Asian Wine Academy, Beer, Champagne, World Wine Academy, World Wine, World Wines, Retail, Hotel

     
 

 
 
Copyright©indianwineacademy, 2003-2017 |All Rights Reserved
Developed & Designed by Sadilak SoftNet