IOC invites entrepreneurs for opening new retail outlets

4:19 PM Posted by ukmad


Indian Oil Corporation Ltd has given a Notice for Appointment of Retail Outlet Dealerships in TOI & Vijay Karnataka on 06.06.2009.

 “Indian Oil Corporation Ltd intends to set up new Retail Outlets at various locations in the state of Karnataka.” 

Most of the dealerships are in Defense, PMP (Para Military Personnel), SC, ST, Physically Handicap, Freedom Fighter, Outstanding Sports Person, Women & Open category.

 Locations under various categories include- Belgaum City,Nehru Nagar, Bogarways to Goaways, Khanapur road, Ankli- Shirguppii, Machchey, Jamboti, Nidsoshi, Chirmure Bachi,  Ugar, Nippani-Radhanagari, Saundatti, Ramdurg, Bailhongal,Manjari, Chichali, Raibagh etc.

 For Social objective Categories like SC/ST, IndianOil arrange full fledge Retail Outlets complete in respect to all facilities and also give working capital soft loans under corpus fund scheme.

 IOCL wish to publicize this vastly in all media so that all can take maximum benefit. The details can be downloaded from the website www.indianoiltenders.com

Smart Retail: Reviewed: FIR

8:41 PM Posted by ukmad


Smart Retail has just opened a month back on Club Road at Thakkar Plaza near Harsha.

Here is the Review of the same:
A regular retail super Shoppe but the name is a bit unknown. Its website http://smartretail.co.in/ does not open at this time, so I could not get the details of the company and its operations.

To begin with, the arrangement from LEFT to right, vegetables on the left then fruits, cold beverages, ready to eats, groceries, soaps and one complete section on the right of the entrance where there is cutlery and storage jars.

Vegetables were in huge quantities and almost all had 2 varieties one looked very fresh and one a bit stale and both were priced also in that manner, the fresher the costlier. Some vegetables like Gourd, Capsicum was very fresh.

Now to the pricing: Vegetable pricing was high; if you, compare it to local Main market (Ganpat Galli and beyond) the prices of vegetables are costly. Onions were Rs.16.90/Kg in the market it was Rs.14/kg. It was with beans Smart price was Rs.35/Kg market it was Rs.20/Kg. Sugar was Rs.20/Kg and in market, it was Rs.19/Kg.

The over arrangement and ambience was ok, AC was off and was a bit hot. Staff was trained but did not find the zeal with their work. There are in total 3 cash counters 2 in the centre at the entrance and one at the left corner.

One notable thing which I had made earlier also, Purohit Sweets and Savories have found a place for themselves in almost all these super markets, may it be Big Bazaar or Reliance fresh.

On a scale of 10, I would rate it 6.5, ok average buying experience. I did buy a few things and my bill said I saved Rs.6.25 so you know how much you saved if you bought somewhere else, all these items were MRP based. If you are near to it, then it is the nearest best option.

Belgaum mapped by all Real Estate developers & Retail giants

10:20 AM Posted by ukmad

Westside, the Tata group based Retail giant plans to set up its store in Belgaum. A ad was published in the Tarun Bharat regarding the same. They are in look out of franchises with a capacity to invest Rs.2 crores and a suitable place on the main road with 8000 to 10000 Sq.feet area.

So any one with big pockets go in and jump into the Retail boom, if anyone reading this does jump in do let me know, I will make another post.
Golden Gate Properties of Bangalore builders of some properties like Golden Grand, Yeshwantpur will enter into the Belgaum market. They plan to set up residential complexes in the next 18 months.

Is there Space for so many ?

10:14 PM Posted by ukmad

This particular post is based on information I gathered from various sources. The actual Truth may not be different from what I say here.

Heard SHUBHIKSHA is opening 5 stores in Belgaum. One will start in place of the Shanbag Super Shoppe near the 1st gate on the road to Sai Mandir.

More the store at RPD Cross which is yet to commence operations has started looking for a second branch somewhere near Sadashiv nagar and those areas.

METRO, is planning to open its North Karnataka Operations in Belgaum.

May this is very good for Belgaum as the organised Retail will grow, but I have a question Will All survive? The answer only time will tell.

About the Big Bazaar 3 days Lowest Prices, it has been able to get huge crowds towards it for the first time since launch. But again only 3 days business will not work.