Trent Ltd news

Healthier products set to become a significant category for the retailer. Growing demand for herbal and organic ranges Since 2016, Star Bazaar, the supermarket banner operated by Trent Hypermarket, has seen steady growth in its herbal, organic and natural products. Though initial growth was driven by large corporates such as Hindustan Unilever and Patanjali Ayurved Ltd., more and more playe...

The retailer sees greater opportunity on the Star Market format. Focus on supermarket format Trent Hypermarket has shut all of its Star Daily stores. A total of 20 Star Daily stores are affected by this announcement. In a statement issued by the company, a spokesperson for the company said, “ the Star Market format is seen to afford the most sustainable platform for expansion and consequent...

Trent Hypermarket, the Tesco Tata joint venture in India, is working to relaunch its Star Bazaar hypermarket format in order to focus more on groceries and apparel. Tesco team helping drive focus on fresh food and clothing Trent is working closely with Tesco to develop the new format, which is expected to deliver a more contemporary experience, whilst maintaining local relevance. The sto...

Trent Hypermarket, Tesco's joint venture business in India has revealed an 8% increase in sales to INR849bn (US$127m) in FY15 -16. Growth in LFL sales and steady expansion Trent Hypermarket (THPL), the equally owned joint venture between the Tata Group and Tesco, sees its annual overall sales up 7.5%, largely driven by the strong 9% increase in like-for-like growth. This has helped the comp...

Trent Hypermarket and Future Group have struck a deal whereby the Tesco-Tata operated Star Bazaar stores will stock Future Group's private label products. First deal of its type in Indian market The deal will see Star Bazaar stores initially stock 31 SKUs under brands such as; Sunkist, Tasty Treat, Karmiq, Fresh & Pure, Think Skin, Clean Mate and Care Mate, before expanding the range to...

Trent, the Tesco-Tata JV in India is planning a rapid expansion into the market, according to local press reports. Aiming for 200 stores trading within four years Following a period of limited expansion since the formation of the 50:50 joint venture, the retailer now has ambitious plans to expand its network to 200 stores within the next four years. The retailer currently trades just 20 ...

We round up this weeks latest developments, as both the online and cash and carry channels come under increasing scrutiny. Trent launches online platform Tata group's Trent retailing division has launched its first ecommerce grocery platform in Mumbai, under the website www.my247market.com. It is understood that the website is an initiative by the Trent unit called Fiora Hypermarket, which ...

Following reassurances from the Indian government, Tesco is reportedly pushing ahead with its joint venture (JV) with Tata's Trent Hypermarket business. No retrospective rulings on FDI expected With the new BJP government's manifesto clearly stating that it was against FDI in multi-brand retailing, Tesco's JV with Trent has been thrown into question in recent weeks. However, a report in The...

In an interview with its in-house magazine, the Tata Group chairman has said that Trent Ltd and Tesco are considering launching mid-sized stores in India. Smaller stores will drive profitability Star Bazaar stores currently range between 4,000-8,000 sq m, but as we discovered on our recent research visit to the market, retailers are continuing to battle with big box format profitability due...

Tata Group, Tesco's local partner in India, opens its first convenience store. First 'Star Daily' store opened in October The Times of India reports the first Star Daily store opened in Pune last week. The store's floor space is around 180 square metres, and product ranges include fresh and ambient groceries. There is speculation that the store has taken inspiration from the Tesco Expre...