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Kampani joins ABRL as CEO, Ashish Dikshit to head fashion business

Mohit Kampani has joined, Aditya Birla Retail (ABRL) as the new CEO from Spencer’s Retail where he was the managing director. Aditya Birla Retail operates the More chain of supermarkets and hypermarkets. Kampani will take charge of the food and grocery retail business. His first major goal will be to turn More profitable and organise the...

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Apparel

Aditya Birla Retail stores to grow

Armed with a budget of Rs 200 crores, Aditya Birla Retail is planning to open 10 new hypermarkets and 150 supermarkets at select locations across the country by March 2012. Aditya Birla Retail the retail arm of the Aditya Birla Group. The new hypermarkets will come up in places like Bangalore, Hyderabad, Delhi and Coimbatore. Presently, the...

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Apparel

ABRL targets FDI and specialty retail segment

As a part of major brand expansion plans, the Aditya Birla Retail Ltd (ABRL) - the retail arm of the USD 29.2 billion diversified Aditya Birla Group - is now looking at bringing in foreign direct investment (FDI) in retail while entering the specialty retail segment, as the organized retail business burgeons in India. As a relatively new entrant...

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