Star Bazaar news and archive

Star Bazaar revamps format

Trent, a Tata company in partnership with British partner Tesco is revamping its supermarket Star Bazaar to accommodate more fresh groceries and apparels. The changes won't make its outlets exact replicas of Tesco stores and the look will be more contemporary and relevant to Indian consumers. The intention is to make shopping experience at Star...

Retail

Ten Star Bazaar stores to be opened by 2016

Trent Hypermarket, Tata Group’s retail joint partnership with UK’s Tesco Plc which operates Star Bazaar, plans to open 10 new stores by the end of March 2016. It will be followed by 50 to 60 more stores by the end of the fiscal year. The first Star Bazaar store opened in 2004 and till now only 20 have been added. The company doesn’t want to...

Apparel

Arisaig India acquires 2.36 percent additional stake in Trent

Arisaig India Fund has for the second time, acquired an additional 2.36 percent stake in Tata’s retail arm Trent. This takes the fund’s total stake in the company to 9.88 percent. As per sources, the deal amounts to Rs 116.2 crores as per Tuesday’s closing price of Rs 941.25. The PE investor picked 12 lakh shares of Trent that owns the Westside...

Apparel

Star Bazaar focuses on ethnic private labels for festive season

Tata Group’s Trent Hypermarket, which operates Star Bazaar, is planning to focus on its ethnics under private labels. It plans to offer affordable merchandise since prices of private labels are generally 20-25 per cent less than other brands and also to cash in on the festival season. Of late, Star Bazaar has been focussing on increasing its...