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Globus, the Rajan Raheja group’s fashion apparel retail chain, is planning to open 130 stores across 70 cities in the next five years, reports Business Standard. That should be an investment of around Rs 800 crore.
Well the group is also planning to launch an e-commerce portal around October for brand promotion and eventual sales. [...]

Business standard: Godrej & Boyce the retail division of Godrej is launching a online portal www.godrej-lifespace.com offering consumer durable products, mainly targeting 25-35 year people and provide an alternative for NRI’s who want to present gifts in India. The company was supposed to roll out the facility in November 2006, but it got delayed due [...]