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Staples Inc, has entered a JV with Pantaloon Retail to set shop in India. This marks yet another entry into a new segment by the Future Group / Pantaloon. Staples is the top U.S.A. based office supplies retail chain.
A rollout is expected in major cities with an investment of US$ 20 million to start with.
The Images Fashion Forum is scheduled for 23rd and 24th January 2007 at Mumbai, India. Further Details available at http://www.imagesfashionforum.com/home.html
The 3rd Annual India Retail Forum, is scheduled on the 8th and 9th September 2007 at Mumbai, India. This is organized by Images Retail. Further Registration details available at http://imagesretail.com/irf/irf.htm
Catalogue Retailer, Argos, part of the UK Home Retail Group, is keen on entering India and is in talks with the Rahejas. Argos is one of UK's prominent and established Catelogue retailer with a number of stores in the high street.
Costco Wholesale Corp, the world's fifth largest retailer, is planning to enter India.
Is Starbucks slated to enter India and with a tie-up with Pantaloon? Although there is much media attention and a recent article on the same confirming the same, the Indonesian Franchisee has declined comment on the same. Although there may not be much information of with whom Starbucks is partnering with, Starbucks has made it very clear that it plans to enter India by the end of 2007 in either Bombay or Delhi with its first outlet and India continues to be a focus of new markets to enter.
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