tag:blogger.com,1999:blog-20563995505176681112012-02-02T17:04:06.536+05:30Retail Brands and Marketing UpdateBCnoreply@blogger.comBlogger1811100tag:blogger.com,1999:blog-2056399550517668111.post-35649531099381500852011-11-25T20:09:00.003+05:302011-11-25T20:15:37.297+05:30

The Government's nod to FDI in retail could benefit Apollo Hospitals, which operates one of the largest retail pharmacy chains with ~ 1,300 retail outlets. Apollo Retail Pharmacies has pan-India presence with 40% outlets in NCR and 60% in South. The retail pharmacies come under multi-brand retail concept and hence 51% FDI could help rope in a strategic partner. While management has yet not

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-4569480032670994142011-09-25T14:38:00.006+05:302011-09-25T15:11:24.240+05:30

In support of Breast Cancer Awareness month, Hidesign is proud to announce the launch of its Pink Ribbon Collection for a second year in a row. Encouraged by the strong support this collection has garnered, this year we have added pink wheelie bags, laptop & Ipad sleeves and (I thought of you) key chains.As always 20% of the proceeds will go towards creating awareness and prevention of Breast

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-58603836843711208382011-04-17T18:50:00.001+05:302011-04-17T18:50:00.332+05:30

You may already read the Case Study of the Rise and Fall of Subhiksha Retail. Today we will see why and how Vishal Retail failed and eventually shut down.Vishal's distribution centre‐led model failed as it could not build an IT network in‐turn meaning buying at the warehouses was not aligned to customer needs and it ended with dead inventory.Vishal's private label venture in every single

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-30875710432309021502011-04-07T10:34:00.003+05:302011-04-07T10:59:43.659+05:30

What makes the Indian Retailer Smile ? The Fat Margins available for him in Private Labels replacing other brands on his retail shelves. For the Organized Retail industry, the Worldwide average of Private Labels sold through their stores is 20%. In India, Private Labels already make up 10% of the business.How Private Labels Help on Margins ?Private labels provide the benefit of lower advertising

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-8959323998414645642011-04-06T22:04:00.004+05:302011-04-06T22:14:22.303+05:30

The first phase of Euphoria in Modern Indian Organized Retail Sector settled down with the collapse of Subhiksha, Vishal Megamart and Pyramid / IndiaBulls Retail. However, the sector is roaring to make a comeback and will definitely do. But will be the size of the Organized retail after some support from the government in terms of back end infrastructure ?Organized retail at US$28bn, currently,

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-70361601262824883482009-12-15T17:58:00.002+05:302009-12-15T18:05:15.477+05:30

Here are some of the key factors for success for organized retailers.Location of the store: Location is the most important factor determining the success of a retail store or a chain. Selecting a wrong location and then changing it can have heavy strategic and financial implications.For instance, in the food and grocery vertical, the Indian consumer prefers a neighborhood convenience store to the

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-37834593018915228142009-11-24T14:05:00.004+05:302009-11-24T14:14:28.124+05:30

In an interview yesterday, Levis Strauss Indian Marketing Head, Sukhramani said that,Consumers today want more, better and more frequently. In what may well become a game changer in the organised retail industry for premium branded apparel, the new EMI scheme announced by Levi's allows consumers to get into their favourite Levi's whenever they please, as often as they please, as much as they

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-83704107852140245902009-11-11T13:05:00.002+05:302009-11-11T13:09:18.710+05:30

Titan Industries Ltd has revisited its extensive store roll-out plan across segments in view of lower-than-expected growth in volumes. The company has put on hold the further launch of GoldPlus stores until demand for gold jewelry improves. In 2HFY10, the company plans to open only three large format Tanishq stores unlike the earlier model of multiple smaller stores at different locations.It has

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-9999243733171388222009-10-08T14:03:00.002+05:302009-10-08T14:11:00.045+05:30

There is no proven recipe for success in retail, however, certain factors do help.Proven and tested formats: One of the peculiar aspects of the recent retail boom was the rapid scaling up of untested and unproven formats by new entrants as well as existing players in the pursuit of space growth. In terms of store level profitability, Pantaloons seems to have the widest presence with Big Bazaar,

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-26276159559342789932009-09-15T22:42:00.002+05:302009-09-15T22:49:24.897+05:30

Gili, the well known Diamond jewellery retailer is planning to expand its portfolio to include eyewear, perfumes ans scarves under the Gili Lifestyle brand.Gili which currently retails using its 20 exclusive outlets and 175 departmental stores has been able to establish a niche name in the segment. The company initially targeted smart and hardworking Indian women and teenagers with average

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-15229283913483578672009-09-11T21:23:00.003+05:302009-09-11T21:47:03.294+05:30

Bharti Wal-Mart promoted neighborhood supermarket format - Easy Day Retail has introduced 8 private labels of World's largest retailer Wal-Mart in India including Great Value and George. The JV has also introduced these labels in Hypermarket format Best Price Modern Wholesale as well as mini Hypermarts Easy Day Market. This means small Kirana retailers purchasing from Cash-n-Carry format will

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-1662271572919108352009-09-11T09:04:00.000+05:302009-09-11T21:16:55.618+05:30

As the economy turns around, retailers are gearing up to meet the demand of the Indian consumer who is just introduced to the concept of organized retailing.Pioneers of Indian retail, Pantaloon / Future Group is planning to add 25 new Brand Factory stores and ten more central malls across India within the next 12 months.Brand Factory commands investment of Rs 1000 to Rs 1500. This formats revenue

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-55920861448780817492009-08-27T09:31:00.002+05:302009-08-27T09:38:23.211+05:30

The Management of Shoppers' Stop expects substantial structural cost savings. Shopper's Stop is renegotiating its power tariffs and expects to save a potential 15% of the total energy cost for the company. Adverse credit conditions did affect the bargaining power of real estate players/mall developers in F09. Same Store Employment costs are down to 5-5.5% of revenue at the corporate level and at

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-24627168357100515552009-08-26T11:09:00.002+05:302009-08-26T11:18:43.754+05:30

Gurgaon witnessed first phase of retail development beginning in 2003 from developers like MGF and DLF on MG Road. Currently maximum retail activity is concentrated along this stretch. MGF Metropolitan (360,000 sq ft) and DLF City Centre (260,000 sq ft are the main spaces with upcoming project - MGF metropolis. Sahara Mall, built by Sahara Parivar and the MGF Plaza, built by MGF on the

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-56012299638830334512009-07-13T14:03:00.000+05:302009-07-13T15:04:22.451+05:30

The government is unlikely to take a more liberal stance on foreign direct investment (FDI) in the retail sector, something being favoured by most in the industry. The state minister for trade and industry Jyotiraditya Scindia said in Parliament that government was not looking to change the FDI norms in retail for now.Presently India allows 51% FDI in single brand stores. It also allows 100% in

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-84315386435468032472009-07-08T19:12:00.001+05:302009-07-12T19:14:18.561+05:30

Spencer Retail from the RPG Group has 1.13mn sq.ft. of area over 256 stores for its various types of retail stores such as hyper markets, super stores, Daily Fresh and Express stores. The retail area is flat against FY08 retail space as Spencer has closed 150 unviable small format stores in markets like Ahemdabad, Nasik, Kanpur, etc. The same has been compensated by adding large format

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-11600118333600185722009-06-23T18:08:00.002+05:302009-06-23T18:12:03.005+05:30

Early this Morning, RetailMantra reported that Pantaloon is seeing a pick-up in demand. We initiaed contact with Pantaloon and could confirm the same. Here is what the company has told us.Pantaloon Retail India has reported over 14.54% growth in sales in May 2009 from its value, home and lifestyle retailing segments.Sales from Value Retailing, Life Style Retailing and Home Retailing stood at Rs

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-25849484645455516052009-06-22T12:53:00.001+05:302009-06-22T12:54:37.669+05:30

Pantaloon Retail India (PRIL) has decided to set up 9-10 Central malls in the country within the next 12-18 months. The company will infuse around Rs 25 crore in setting up each Central.The company plans to expand further in cities like Ahmedabad, Bangalore, Vizag, Raipur and Jaipur. The lifestyle retailing mall, which set up shop in Indore earlier this month, will also come up at places like

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-27777388767591612009-06-22T12:50:00.001+05:302009-06-23T18:05:33.834+05:30

Aditya Birla Retail (ABRL), part of the Aditya Birla Group, plans to set up 80 outlets of 'More' in FY 2009-10. ABRL wants to increase the number of its outlets to 720-730. Subsequently, the company also intends to close down 10-20 existing outlets as part of its clean-up operation.Presently, the retail major operates 2 hypermarkets at Mysore and Baroda and has shown its interest to set up 6 to 8

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-917321480338445752009-04-25T11:46:00.002+05:302009-04-25T11:50:24.103+05:30

CONCEPT - Hub and spoke model involving engagement with farmers in rural India. A rural shopping mall where farmers can sell their commodities and can buy almost everything including cosmetics, garments, electronics, appliances and even tractors. It serves as an agri-sourcing centers, shopping centers, and facilitation centers.IMPACT - Chaupal Sagar stores have become meeting point for farmers to

BCnoreply@blogger.com1tag:blogger.com,1999:blog-2056399550517668111.post-21099699436473396082009-04-11T17:26:00.000+05:302009-04-13T17:39:43.309+05:30

The technologies that retailers have deployed over the years, to serve their distributed networks, are without standards. Going forward, technology is likely to be a key differentiator to bring about efficiencies, save on costs and offer better services to customers. The problem with old technology is that there are no standards and in many instances, one does not integrate with another.Retailers

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-76242172736074178822009-04-02T11:34:00.001+05:302009-04-06T11:40:55.911+05:30

We present to you thoughts from KPMG on future outlook and how it may impact behavior in retail sector.It is widely believed that the current slowdown might last for 12 - 18 months - depending on government incentives in increasing spends on infrastructure, development initiatives and other activities to stimulate the economy.Expect an increased focus on value retail in the coming months and a

BCnoreply@blogger.com1tag:blogger.com,1999:blog-2056399550517668111.post-72537985002982174032009-03-17T10:31:00.002+05:302009-03-17T10:38:41.345+05:30

Wills Lifestyle, the retailing arm of ITC Ltd. The parent company has decided to leverage on another group company's business - ITC Hotel by setting up Wills Lifestyle Stores inside hotel premises.Mr Atul Chand, of ITC Lifestyle Retailing said,We have set up a store in ITC Maurya, New Delhi. ITC hotels will train its employees in customer service. We may look at replicating the model in other

BCnoreply@blogger.com1tag:blogger.com,1999:blog-2056399550517668111.post-59668388955539992652009-03-13T11:31:00.003+05:302009-03-13T11:37:41.004+05:30

Here is an update of the performance of Organized / Modern Retail for the 9 months between April-08 and Dec-08.During the first 9 months of 2008-09, organised retail sales growth for a sample of four retailers [Pantaloon, Trent, Shoppers stop and Provogue] slowed down significantly to 27 per cent on a year-on-year (y-o-y) basis compared to 56 per cent in the same period of the previous year.

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-8675699322597916042009-03-09T09:44:00.002+05:302009-03-09T09:49:40.479+05:30

Some sections of the Indian Retail are not as affected like the others and the managements are taking this as an opportunity to expand.Samsonite which barely opened 2 or 3 stores in 2008 plans to setup at least 30 stores in 2009. Ramesh Tainwala, Director of Samsonite said,On an average, we have managed to bring down rents by about 15-20%. There have been instances where the reduction has been as

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-70681078841392036902009-03-06T09:00:00.002+05:302009-03-06T09:09:25.918+05:30

It is a fact that after sometime any PAN India business model has to look at Tier-II and Tier-III cities for Growth. Telecom which started off with Metros has gradually penetrated into remote Indian villages. Taking a page out of the Telecom success story, Indian Retailers want to replicate the same.Value retailers are of the view that they are tasting good success in smaller cities due to lower

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-57353123892088854772009-03-03T13:26:00.002+05:302009-03-03T13:34:55.798+05:30

Food is one segment of the industry which doesn't witness significant slowdown justified by continued investments by Warren Buffet in McDonalds and Coke. There is one more company thinking on similar lines - Joe & The Juice from Denmark. It plans to foray into India and setup chain of Fresh Juice outlets.J&J Founder, Mr. Kasper said,We will setup out first outlet in the Emporio Mall in South West

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-26740850879471140322009-03-03T13:16:00.002+05:302009-03-03T13:25:20.507+05:30

Just about when every retail chain in India is re-planning and working their strategies, there is one which is bullish on the prospects of selling its fresh baked sweet cookies - Cookie Man.Cookie Man with presence of 49 outlets wants to take the count to 250 by 2014. The company has presence in 8 Indian Airports and as others gets modernized, Cookie Man wants to establish its presence there and

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-8961652476740826832009-02-28T21:19:00.002+05:302009-02-28T21:26:57.229+05:30

Splash Lifestyle Fashion retailer, part of the Dubai based Landmark group opened its 2ndstore in Bangalore [the first one is operational in Hyderabad]. In order to move with the slowdown in economy, all future Splash stores will be opened as a Store in Store.Mr. Beig of Splash said,Initially we were looking to setup 15 standalone stores in 19 cities in three years. But days after the opening of

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-58746318632368318092009-02-21T19:57:00.002+05:302009-02-21T20:05:30.074+05:30

The Indian retail sector is going through a rough patch currently. While falling real estate costs provide some relief, slowing same store sales growth and a capital crunch have impacted growth prospects and profitability.Q4 FY08 Same Store Sales growth for the Indian retailers turned negative for the first time. The problem was sharper in the high-end products (lifestyle retail) versus items of

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-31457031402799414472009-02-18T15:58:00.001+05:302009-02-18T16:00:56.098+05:30

Footwear retail major - Bata India - is planning to open up 40 new retail stores across the country in the first quarter of 2009 in a move to cater to the customers in tier-2 and tier-3 industries.These stores will be based on the international format of Bata Stores and will be spread across 3,000 square feet.  These stores will also come up in cities like Sonepat, Kota, Jodhpur, Ludhiana,

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-73841658347655762902009-02-11T12:30:00.001+05:302009-02-11T15:41:57.294+05:30

Kishore Biyani's Pantaloon Retail has reversed the sales trend, atleast in Jan-09. The stimulus provided by robust discounts (the extension of the Great Indian Shopping Festival that commenced in Dec08) appears to have had the desired effect, with Pantaloon Retail India Ltd - PRIL reporting +4%, +12.1% and -4.3% Same Store Sales growth across the Value , Lifestyle and Home retailing segments.

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-61397598104507101552009-02-02T13:52:00.000+05:302009-02-05T01:55:31.148+05:30

If this report is to be believed, Reliance Retail has bid Bye to the Cash & Carry business at least for the time being. In our opinion, we believe this as a totally wrong move as Reliance under Mukesh Ambani is best suited to implement large B2B projects with economies of scale.The report further claims that it is a cash intensive business and we can assure you that Reliance is never dearth of

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-9770564343732422362009-01-30T13:50:00.002+05:302009-01-30T13:53:23.927+05:30

Retail major Subhiksha, hit hard by the ongoing cash crunch, has decided to shut down a significant number of 1,600 stores across various parts of the country. Just yesterday, Shoppers' Stop and Hypercity decided to wind up Catalog Retail Business.Conforming the development, the 11-year old retailer promoted by Chennai based R Subramaniam, stated that Subhiksha is planning to close down nearly 8-

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-78534115032245000462009-01-18T15:06:00.001+05:302009-01-20T15:14:25.152+05:30

If you thought Circuit City is the only retailer offering heavy discounts as a part of its bankruptcy sale, then you are so wrong. Retailers in India have started offering Happy Shopping Hours - just like in Pubs to attract more footfalls and clear their inventory.Kidswear brand Lilliput is offering 40% discount of the total bill after you cross some threshold. This scheme has attracted 20-25%

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-55858113167826021922009-01-15T14:56:00.000+05:302009-01-20T15:03:33.135+05:30

America's leading Paint manufacturer and retailer Sherwin Williams with over 3,300 stores in North America has entered India with the acquisition of Nitco Paints. Sherwin Williams launched its retail stores in Bangalore.The store offers wide range of interior and exterior paints, painting accessories, tools and wood care products under the brand name Ronseal. Mr. Sanjiv Batra, Country Head

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-7774950613409511162009-01-08T16:00:00.001+05:302009-01-15T16:14:59.283+05:30

We have already covered the strategy Bata India Ltd adopted towards transformation. We will now analyze the outcome of Bata's transition.Bata was long known for its strong presence in the men's footwear range. However, the global and Indian experience shows that ladies and kids are the driving factors for larger footfalls. the company roped in Rani Mukherjee for its ladies brand, Marie Claire,

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-12922765113031557582009-01-06T15:40:00.001+05:302009-01-15T15:54:12.733+05:30

Indian footwear Retailer Bata India Ltd has embarked upon a new retail strategy along with the dynamics of the market. We are covering the same in Two Parts.Bata's revamped business strategy is aligned towards addressing a larger pie, introducing newer product lines and a resurgent brand on the front-end and curtailing costs at the back end. The front end strategy is focused on higher footfalls,

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-76001202512873687402009-01-04T13:17:00.002+05:302009-01-14T13:25:52.888+05:30

The Great Indian Shopping Festival launched by the Future Group across its Retail format has also launched the Sone Ki Chidiya rewards program.Under this offer, the first purchase of Rs 1,000 the customer was issued a passbook and after that on every purchase of Rs 500 the customer was given a sticker of Golden Bird. The customer could redeem these stickers for assured gifts based on the total

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-78894413999382798132009-01-01T12:46:00.002+05:302009-01-08T13:51:40.466+05:30

We had an opportunity to touch base with one of Retail Space Consultants - C-Pearl R-C Services who has an extensive understanding of the exceptional opportunities and unique complexities of the dynamic Indian Retail Realty market. C-Pearl is a reputed Real Estate Consultancy having its operations in parts of India viz; Delhi and NCR, Pune, Bangalore and Kolkata and also deals in USA, Singapore,

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-22140371974046836802008-12-06T16:18:00.003+05:302008-12-06T16:32:37.838+05:30

Spencers Retail is all set for an ambitious expansion plan in its Hypermart division.The company which has around 32 hypermarts plans to scale to have 50 by the end of FY 2009 and further scale it to 400. We call this a really ambitious target since the management has indicated in its meeting with the analysts of CESC [which has controlling stake in Spencers and RPG Retail Venture] that if they

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-31416775261493223152008-12-03T12:35:00.002+05:302008-12-03T12:42:46.109+05:30

Dabur India has decided to freeze all of its retail expansion for the time being to capitalize on falling Commercial Real Estate. The company has halted its move to open 12 to 15 stores by the end of FY09 [March-09]Dabur official said,The real estate crash is a golden opportunity for retail businesses like ours' which are based on lease / rentals. We are holding our expansion plans for the moment

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-48399831317944851812008-11-28T13:22:00.002+05:302008-11-28T17:00:53.654+05:30

Breaking away from the traditional business models of retailing, Indian retailers are increasingly focusing on how to survive the slowdown as well as boost their bottom lines.Trent was the first tocome out with franchisee model for their super format store - Westside. Vishal Retail has taken a step further and is all set to open a whopping 60 number of franchisee stores within the next few months

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-12377803488464231032008-11-27T03:05:00.001+05:302008-11-27T03:05:01.978+05:30

A reader of our blog who is dealing into Imported Lingerie from the UK is offering bulk sales lot to be sold in India. The vendor retails under X-brand and only he will be able to explain the details of the same.Offer for Sale:Lingerie My Size Playtex. You can download the sample design catalog here.[PDF] The price list for the same is here. [PDF]The same vendor is also offering Shock ActiveWear

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-38315991395408645312008-11-26T22:49:00.002+05:302008-11-26T23:24:57.733+05:30

If there is one sector in the Indian economy that has not been hurt by the recent slowdown, it is Mobile / Wireless which includes retailers. So far they haven't had any impact as this should be evident from the rising subscriber base crossing 300 million mark.Future Axiom - JV between Biyani's Future Retail and West Asian Mobile have plans to get up to 4,000 workforce on board, mainly in sales.

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-68237863699478602062008-11-24T21:24:00.005+05:302008-11-25T22:04:09.741+05:30

When corporate executives are in a sunny day, they want to conquer the world. With signs of little gloom, they have started consolidating.Lets take the Aditya Birla Nuvo's subsidiary Madura Garments. In Jan-2007, they announced to split up into several differnt segments within the Lifestyle category. Today they have announced consolidation of Van Heusen Louis Phillipe and Allen Solly brands under

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-7046928915369149152008-11-17T15:09:00.002+05:302008-11-17T15:19:36.058+05:30

Even though the overall sales of Consumer Durables and White Goods companies grew by modest or were flat in some cases, Future Group's various retail formats recorded same store sales growth in October-2008. It is critical to watch Nov sales data to get a more realistic picture.Future Group added a new format - Ethnicity. The first store was opened in Ahmedabad and has an area of 25,000 sq ft.

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-59787275203363082962008-11-09T21:47:00.001+05:302008-11-10T21:58:49.403+05:30

Subhiksha Retail has delayed the launch of its consumer durables and white goods stores at least for the next 6 months. Slowdown in Retail and Real Estate is cited to be the main reason. Isn't this the best opportunity to strike deals as Retail Rentals have fallen ?Subhiksha which received $50 mn funding from Azim Premji PE Fund planned to setup around 150 consumer durables outlet with an

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-29634479836356481312008-11-05T21:35:00.002+05:302008-11-10T21:44:53.849+05:30

Triveni Retail Ventures a subsidiary of Triveni Engineering has put Triveni Khushali Bazaar for sale. The group is looking forward to divest the entire stake or relinquish management control to focus on its core business.Triveni Khushali Bazaar started operations in 2005 and has 42 stores mostly in Uttar Pradesh and Uttarkhand. The company deals mainly in three verticals Agr-products and Services

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-41347121268788865412008-11-03T14:16:00.000+05:302008-11-05T04:26:27.365+05:30

India's largest Realty company, DLF is all set to sign a fracnhisee deal with Italy's Luxottica to establish Sunglass Hut stores in India. SunGlass hut globally retails brands such as Oakley, Chanel, Dolce & Gabbana, Donna Karan, Prada, Versace etc.DLF plans to open 100 SunGlass Hut stores across India over the next 5 years. The first store will come up in Delhi within a month said sources in DLF

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-38203444381070122852008-11-02T04:03:00.002+05:302008-11-05T04:13:36.419+05:30

Mexico based multiplex giant Cinepolis is saying Hello to India as the company chalks out plans to cash in on the Indian economic boom and compete with Reliance Big Cinemas, PVR, Inox, Fun Cinemas etc.Cinepolis India is already in talks with major realty players. Cinepolis has earmarkd $350 million for the Indian venture. The company plans to setup 500 screens within the next 5 years in 40 cities

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-25631332296798684272008-11-01T03:48:00.001+05:302008-11-05T03:56:39.320+05:30

Though the West Bengal Govt had to let the Nano project slip out of Singur, there is certainly good news for small businesses and HNIs in Kolkata. Metro Cash & Carry, which received APMC license from the Govt has already signed up a whopping 65,000 clients which inclued 5-star hotels such as ITC Sonar, Taj Bengal etc.Metro Cash & Carry tried hard to open for business for Diwali, but missed the

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-12231957377172753842008-10-02T08:55:00.001+05:302008-10-02T08:55:01.122+05:30

Spanish Apparel brand Zara is all set to bid good bye to beleaguered real estate company DLF as it will embrace Trent. Trent has pipped DLF for the second time now, the first instance where Arcadia dumped DLF.The Tata's seem to find success in copying Mukesh Ambani's business model. At first in the Telecom venture [abandoning partnership in Birla AT&T, Tata and going solo in CDMA] and now in

BCnoreply@blogger.com1tag:blogger.com,1999:blog-2056399550517668111.post-19605377755880818742008-10-01T20:32:00.002+05:302008-10-01T20:50:46.282+05:30

It is well known perception amongst retail fanatics that Mukesh Ambani and Kishore Biyani are arch rivals. However, to cool the stand off, Indus League Apparels, a company in which Kishore's Future Group has bought majority stake plans to enhance relation with Reliance Retail.Indus League is founded by Ms. Rachna Aggarwal. Indus has launched the Contra brand via Reliance and Private Club through

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-47523057596551445482008-09-29T12:44:00.002+05:302008-09-29T12:57:04.885+05:30

Titan Industries the first retail arm from the Tata group with operations spanning from Watches to Eyewear will miss the Billion Dollar sales mark by a whisker this FY - 2009. Mr. Bhaskar Bhat, MD in an exclusive to JP Morgan Analysts presents the business views of the company and the excerpts fro mthe same are as below.The company has seen revival in demand for its watches and jewellery segment

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-6687921128896429172008-09-25T09:00:00.004+05:302008-09-25T09:20:35.378+05:30

High Inflation, unrealistic Realty Prices and slowing down of economy has led retailers to get into the slowdown mode and bring costs under control.The first signs of it were visible when retailers started moving out of malls due to unaffordable rents - ETAM, French Lingerie Giant has closed its outlets in all the malls across India. The Saga of downsizing continues,Indiabulls Retail (erstwhile

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-1771790864053951882008-09-18T12:02:00.002+05:302008-09-18T12:16:09.968+05:30

DLF the beleaguered Real Estate company under immense pressure is bullish on its retail foray. DLF is establishing ultra mega malls to beat ambitions of Mukesh Ambani's Reliance Retail. DLF's malls are under construction and will be known as "Malls of India" [Left Gurgaon Mall by DLF] Two more are coming up at Noida and Bangalore. Each mall is expected to host atleast 1 mn sft of retail space.Mr.

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-71407196773445942012008-09-11T10:14:00.001+05:302008-09-11T10:16:21.828+05:30

In a move to get a bigger slice of the retail sector by 2010-11, Dubai based retail major Landmark Group is planning to invest Rs 550 crore to widen its ventures - Max Retail and Max Hypermarkets.The group, which currently has 15 stores across eight cities in India, is planning to pump in Rs 350 crore for expanding with 12 stores in each metro. The stores would be located in malls rather than in

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-31834493194943162492008-09-01T22:17:00.002+05:302008-09-01T22:26:15.444+05:30

RIL's first and oldest Retail brand Vimal which underwent major transformation has launched its first Premium Franchise retail store at N.N. Dutta Road, Tollygunj, Kolkata. The shop will offer a never before experience to the executives in Kolkata with premium shopping feel and enhanced facilities, such as custom tailoring and styling.We have been informed that Vimal is also opening five SIS (

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-11728584200234424552008-08-30T12:37:00.000+05:302008-08-30T13:49:36.446+05:30

Reliance Footprint has opened its first store in Chennai. This is the company's 7th outlet on PAN India basis. The company plans to open 5 more stores in Chennai by 2011.The company plans to open the next store in Kochi and it will be followed by stores in Mumbai, Amritsar and Jaipur within the next 4 weeks.Reliance Footprint offers all the premium brands across countries across verticals -

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-71202765652133112662008-08-27T13:21:00.002+05:302008-08-27T13:29:15.932+05:30

Sequoia Capital India has funded upcoming retailer Cotton Country to the tune of Rs 120 crore. The company plans to utilize the funds for introducing premium brands such as French Republic, Denim garments, entering the lucrative Womens and Kids wear segment.The company will make its retail brands available across atleast 1,000 outlets in India by the end of 2010. Cotton Country has just 4 self

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-70007110486779056962008-08-26T13:16:00.000+05:302008-08-27T13:21:06.261+05:30

Gitanjali Gems has launched new line of contemporary gold jewelery under the brand name Rivaaz.Riwaaz is specially targeted at entry level shoppers and pricing is done keeping this point in mind. The range starts from Rs 2,000 to Rs 12,000. Riwaaz is a collection of 18K gold jewelery with Cubic Zirconia in it.Cubic Zirconia is an artificial stone with look and feel of Diamond but available at

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-64775424454821030772008-08-21T23:01:00.002+05:302008-08-21T23:14:36.167+05:30

The Indian business houses didn't take it long to recognize the potential Rural India offers especially in small and day-to-day items / products. Guardian Lifecare has launched Aushadhi brand outlets to cater to the needs of Rural and Semi-Urban areas.Mr Ashutosh Garg, MD of Aushadhi said,For Guardian, our tag line is 100% reliablity while Aushadhi says "sau pratishat bahrosa" and if Guardian

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-32595152343178766642008-08-20T22:18:00.001+05:302008-08-21T22:36:15.972+05:30

The mobile online and offline retailing space is only getting hotter, whether its high end or low end handset, doesn't really matter. After Univercell, Hash 10 another mobile retailer from Tamilnadu has unveiled retail ambitions to compete with mBazaar, ConvergeM, MobileNXT etc.Hash 10 currently has 54 retail points of presence, 10 company owned and 44 operated by franchisees. Mr. Vaidyanathan,

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-3777016432792176332008-08-09T12:31:00.003+05:302008-08-09T12:49:24.504+05:30

Reliance Retail has inked a JV with UK based Boots to run its Reliance Health and Wellness chain of Pharmacy stores. Reliance Wellness will be the front end as mandated by FDI in Retail sector. Reliance Retail will also be in the back end learning the process from Boots.It is likely that the stores will be branded as Boots. [Not sure what will happen to existing ones] The stores will sell from

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-10054612215212291172008-08-08T12:18:00.001+05:302008-08-09T12:29:42.560+05:30

Americas Snap Fitness is all set to enter India through Mumbai's Gateway of India and mark its presence in Bangalore as well. They plan to setup 500 to 1,000 centers within the next 5 years on PAN India basis.Mr. Peter Taunton, CEO of Snap Fitness said,In many clubs facilities like swimming pools and child care are not optimally used. Most users are keen on pure express work-outs using

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-92035264447340327762008-08-02T16:59:00.002+05:302008-08-02T17:17:23.967+05:30

Office1Superstore - a JV of Indo Rama Retail and and US based Office1SuperStore catering to the office and stationary needs of second fastest growing corporate sector in the world will depend on Franchisee model for expansion.The company plans to open 200 stores by 2011 with an investment of Rs 250 crore. Currently they operate around 10 stores and are looking to add company owned as well as

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-45114178435861968022008-07-29T12:24:00.000+05:302008-07-30T12:32:18.337+05:30

Reliance Retail will setup Toy stores in India in association with UK based Hamleys owners of Noah's Ark chain of stores. Reliance has explored to venture with American Toys'R'Us before striking a deal with Hamleys. It is believed that Reliance pipped Pantaloon in the negotiations.Reliance plans to open Hamleys in Bangalore, Delhi, Mumbai initially and each store is expected to be around 25,000

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-23575191318012851662008-07-24T22:26:00.002+05:302008-07-25T22:38:47.069+05:30

Nilgiris a century old South based company with specialization in dairy, bakery and retail areas is all set to enter Andhra pradesh by the end of Sept-08.Nilgiris currently operate 100 stores across Karnataka, Tamilnadu and Kochi. It plans to open 10 stores in Hyderabad and have set an ambitious target of 400 stores by 2010.Mr. Prabhu, Director of Niligir Dairy Farms said,We want to be sizable

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-33232779468823427102008-07-10T16:53:00.002+05:302008-07-12T17:06:15.572+05:30

Nalli - Premiun Silk Saree retailer from Chennai has launched Nalli Next chain of stores to be located in premium upscale markets offering apparels and soft furnishings. The first Nalli Next store opened for business in Alwarpet, Chennai spread on a 4,000 sft showroom. Bangalore, the retail destination of India will open a 15,000 sft Nalli Next showroom very soon.Nalli Next will offer unique

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-85277653251608456332008-07-03T07:56:00.000+05:302008-07-04T08:06:39.902+05:30

Reliance Capital Ltd funded, Kids retailer, Gini & Jony is on a major expansion spree. Giny & Jony currently has 141 stores and would like to take the count to 560 by 2010.Giny & Jony currently retails kids wear. However, the company has unveiled its plans for entering the toys and utilities segment for which its is in talks with various international brands to bring them to India. Most of Giny &

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-326757137837965942008-07-02T07:44:00.002+05:302008-07-04T07:53:40.659+05:30

Withstanding the slowdown in the Indian Realty, especially Retail development, DLF has mega plans to build mega malls in Tier-I cities.The company is planning to launch 7-8 new malls this year. Three of the malls are coming up in Delhi NCR and one in Chandigarh. The size of each mall is expected to be between 300,000 to 400,000 sft. DLF leases space in Mall to retailers.With the current slowdown,

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-40991402253709415392008-06-15T15:13:00.002+05:302008-06-15T15:27:54.488+05:30

After being unsuccessful twice with Diesel and Armani, Birla Retail is trying to be lucky third time with American Fashion retailer DKNY [Now with Louis Vuitton Moet Hennessey - LVMH]Madura Garments is already an established player in Lifestyle retailing in India with brands such as Louis Phillipe, Van Heusen, Peter England etc. DKNY operates 70 stores under the brand Donna Karan and DKNY.

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-69001373960206224972008-06-12T13:50:00.002+05:302008-06-15T13:59:50.325+05:30

Khadi, the apparel of Gandhian era promoted by Khadi and Village Industries Commission, is spending upto Rs 3,500 crore [$800 Mn] to revamp its retail outlets.Currently they plan to spend Rs 700 crore and launch Jeans cloth material followed by ready-to-wear jeans, affordably priced at Rs 500. New designs catering to the new generation will be crafted on the traditional Khadi cloth material.

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-60677522420376667122008-06-06T10:29:00.002+05:302008-06-09T10:42:18.222+05:30

Gujarat Heavy Chemicals Ltd [GHCL] owned "Rosebys Home Linen Outlets" a chain of 300 retail outlets across UK plans to open 700 stores in India to capture the nascent home decoration vertical market.Mr. Nikhil Sen, Director Rosebys, said,We hope to invest around Rs 200 crore in our PAN-India expansion in the first phase. The home linen being a low-involvement category has hitherto been on the

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-91197786402996921062008-06-01T00:20:00.002+05:302008-06-03T00:29:38.312+05:30

American Jeans retailer Levi's is eying to double the revenue share from premium denim brands in India from 5-6% previous year to 10-12% current year. Levi's has introduced four new product lines - Levi's Red Loop, Levi's Blue, Levi's Red and Levi's Vintage Clothing to achieve this target. All of the above are priced between Rs 4,000 to Rs 10,000.Mr Shyam Shukla, Director Marketing of Levi's

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-7131726141219833422008-05-25T09:17:00.002+05:302008-05-29T09:24:27.575+05:30

With the retail dust settling down, companies have realized to look at their bottom line. RPG Group's Spencer's retail format is all set to consolidate 5 of its brands - Spencer's Hyper (30,000 to 75,000 sq ft) Spencer's Super (8,000-15,000 sq ft), Spencer's Daily (4,000-7,000 sq ft), Spencer's Express (1,000-1,500 sq ft) and Spencer's Fresh (1,200-2,000 sq ft) into just two - Spencer's Hyper and

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-52489792348563797362008-05-22T11:59:00.002+05:302008-05-22T12:11:23.328+05:30

Reliance Retail [RR] with big retail dreams though slow on deployment front is striking deals globally as much as possible. RR's subsidiary, Reliance Brands is in talks with Neiman Marcus group.Neiman Marcus group operates New York's 5th Avenue store - Bergdorf Goodman. This is considered as a premium lifestyle store. You may recall that in Dec-2007, we had an exclusive coverage on Reliance's

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-36397309208611439312008-05-21T18:33:00.004+05:302008-05-21T18:43:58.487+05:30

The Indian Mall craze has spread to UK Developers as well. West Pioneer Properties, a UK based mall Developer is developing a 750,000 sft shopping mall at Kalyan. Big Bazaar has already booked its slot in this space and the first phase of 500,000 sft will open for business soon.The company plans to invest Rs 3,000 crore and develop 10 malls within the next 3 years. West Pioneer malls will be

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-60692348790899030622008-05-19T13:47:00.002+05:302008-05-19T13:53:44.445+05:30

The potential for luxury retailing in India is large considering that Indians attach significant importance to brands. The market size is estimated to be at US$500 million and is growing at a rate of 35-40% p.a. The luxury watch market and branded jewelry each are growing at 40% p.a., and wine at 30%. The Pie chart below shows the breakup of Indian Luxury Retail Market.Lifestyle and attitudinal

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-85494926143275948592008-05-17T17:19:00.002+05:302008-05-17T17:31:27.615+05:30

Future Group's Electronics and Consumer Durable retailer eZone with turnover of Rs 750 crore [$185 mn] has lined up an ambitious expansion plan and is expecting to touch Rs 2,500crore [$600 mn] turnover by 2010.eZone opened its largest concept store in Bangalore. Mr. Manoj Kumar, CEO said,This specialty retail has been growing at 30-40% YoY. The store takes the product experience to the next

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-78683846729217704992008-05-13T13:25:00.001+05:302008-05-14T13:35:04.205+05:30

Lee Cooper jeans after having operated for over a year in India is finding it hard to resist from venturing into Value Segment Jeans. Lee Cooper's new brand for this segment will be known as "Famous Basics" and will compete against Signature from Levi's and Hero from Wrangler.Mr. Ameet Panchal, CEO of Lee Cooper said,There would be a new distribution set-up created for the value brand and its

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-70647245704192870432008-05-08T11:07:00.003+05:302008-05-08T11:18:48.106+05:30

Manipal Cure & Care is planning to venture into the retailing of pharmaceutical medicines. It already has wellness retail format under its brand. About 98% of Indian meds and pharma market is dominated by neighborhood chemists and druggists.Of the 2% is controlled by organized retailers of which many are still in nascent stages of growth except Apollo and Subhiksha, present in multiple states

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-10164061591853746602008-05-02T16:50:00.002+05:302008-05-02T16:54:38.188+05:30

Shoppers Stop has informed us about an exciting summer offer. As it is Time for trips and tours, Shopper Stop is offering a bonanza on the Big Summer Shopping Tour, starting 1st May 08 to 15th June 08, shop for Rs. 30,000 and get a Police Watch worth Rs. 7,400 absolutely free. [Terms and Conditions]You can shop in one go or spread it over multiple visits till 15th June 08. This offer is valid at

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-55269804151650929622008-04-30T19:55:00.003+05:302008-04-30T20:01:45.553+05:30

Kaya now has 65 clinics, including nine in the Middle East, with a target of opening 15 new clinics every year. The company added 10 clinics during Q4FY2008. Are you now wondering what kind of Revenues Marico must be generating from the Kaya brand ? It has reported a revenue of Rs 100 crore, yes that's correct $25 mn. Kayafairness day cream and Kaya fairness night cream were added to its existing

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-19884640665209108982008-04-24T08:20:00.002+05:302008-04-24T09:34:40.514+05:30

Catalogue retailing is slowly catching up in India. Infiniti's Croma was the first one to test it out during last festival season in Pune and Mumbai. Mr. Ajit Joshi of Croma Electronics said,Catalogs are add-on-media and we think it works best within a particular catchment or city. Catalogues enable one to exactly zero in on the desired item to look before purchasing it.For example, lets say

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-8549651271593104352008-04-23T11:35:00.003+05:302008-04-23T11:51:15.594+05:30

US Pizza under rapid $125 mn expansion spree has announced that it will now localize its offering and is launching two more brands to cater to the fast food lovers.The company has announced the launch of ToastyZ sandwich brand and will open its first outlet 3 weeks from now in Hyderabad. These outlets would take the form of small cafes that serve coffee, tea, drinks and sandwiches made of multi

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-10242885257487153172008-04-23T11:20:00.002+05:302008-04-23T11:32:49.055+05:30

With the beginning of IPLT20 league matches in India, brand retailing has kicked off. King Khan along with Juhi Chawla of the Kolkata Knight Riders have launched TAG Heuer professionals sports watch for Cricketers in India.Vijay Mallya of Royal Challengers had approached Aditya Birla Group for the manufacture of branded apparel through its Lifestyle brand, Louis Phillipe. The Louis-Phillipe Royal

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-73989669573469072152008-04-21T12:27:00.001+05:302008-04-22T12:46:19.946+05:30

Bharti Wal-Mart neighborhood supermarket opened shop under the brand name "Easy Day". The launch was a very low profile one mainly to put-off resistance from local vendors. [Learning from Reliance and Wal-Mart's lessons] Also, Sunil Mittal promoter of Bharti group who hails from the strictly vegetarian Marwari community will face resistance from them because of stocking meat in Easy Day stores.

BCnoreply@blogger.com21tag:blogger.com,1999:blog-2056399550517668111.post-19801418519187923792008-04-09T21:17:00.002+05:302008-04-19T21:30:23.568+05:30

It is well known fact that no Government in India want to put the Kirana [Small neighborhood grocery stores] out of business. In a situation where Food Bazaar, Reliance Fresh, Spencers, Subhiksha, More For You retail, etc are competing with Kiranas, Vishal retail has chalked out a strategy to embrace the same. Here is a case study which our analyst has conducted about Vishal Retail with

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-30760629489918029832008-04-08T13:35:00.002+05:302008-04-10T13:47:20.223+05:30

Future Brands, a subsidiary of Pantaloon [PRIL] plans to not only take existing PRIL private labels national but also do brand consulting and launch international brands in India. Future Brands plans to select some of PRIL's private label brands such as John Miller and take them national by launching both Exclusive Brand Outlets and selling through multi brand outlets. Future Brands will focus on

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-34794936017526108752008-04-07T12:40:00.002+05:302008-04-10T12:54:06.837+05:30

Future Bazaar is PRIL's internet-based retailing company. The company is expected to have clocked revenues of around Rs200 mn in February and March 2008 itself. The company is also combining the online portal with catalogue retailing through kiosks located in malls and shopping centres. The company has also launched a small 300 sq ft store branded as Big Bazaar Unlimited in Dombivali where

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-35243422792044967802008-04-06T12:36:00.002+05:302008-04-10T12:39:18.032+05:30

Home Solutions is 75% owned by Pantaloon Retail India Ltd. Home Solutions Retail is their very successful format of Home Improvement stores, expects to break even in F2009. The roll out plan is on track and the most successful format for the company has surprisingly been the consumer electronics store, E-zone. Given the company intends to spin off its subsidiaries once they get to a certain size,

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-24844490682820294242008-04-05T20:05:00.002+05:302008-04-05T20:16:25.554+05:30

India's first and leading retailer RPG Spencer's has turned its attention towards specialty retailing - MusicWorld [Music and home video and accessories], Books & Beyond [Books, Home Videos and Stationaries] and RPG Cellucom [Mobile Phones and Accessories].The Music World chain is doing extremely well according to company sources as they have seen a growth rate of 14% YoY and they claim is above

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-68108871798512037092008-04-04T10:25:00.002+05:302008-04-04T10:32:39.504+05:30

To beat the unrealistic Realty prices, Raheja's Inorbit Mall is moving to rural India. Located 12 Kms away from Uppal, Hyderabad the first village value retail mall Pocharam will be operational from August 2008. The mall is approximately 400,000 sft in size and is positioned as a family destination offering shopping experience, entertainment areas and eateries.Speaking on the new concept of

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-67204567751491270792008-03-13T22:45:00.002+05:302008-03-18T22:54:48.236+05:30

United Colors of Benetton popularly known as UCB clocked a 57% rise in sales in India in 2007. The Benetton board has identified five priority growth markets - India, Turkey, East Europe, China and Mexcio.There are close to 140 UCB stores in India, probably one of the largest store base for UCB. Benetton's average bill in India is close to Rs 1,500 [$38]. Upto 95% of the merchandise is sourced

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-66816783041383727182008-03-11T22:28:00.002+05:302008-03-18T22:39:44.198+05:30

Chandigarh based K.D.L has informed us about the beginning of Kamla Retail - Retail chain of Travel Agents across India. Kamla Retail will take on Travel Tours in the click - brick retail model for travel.Mr. Yash Saboo, Chairman said,Travel retail is a sector primarily dominated by international players. We will be making a bid at all major airports in the domestic arena to expand our footprint.

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-81923836757726692682008-03-10T18:30:00.003+05:302008-03-15T18:39:46.336+05:30

We are delighted to share the latest sales breakdown of Pantaloon Retail India Ltd. Value Retailing is the clear leader and contributes 61% to total sales, followed by stagnant Lifestyle Retail segment at 22%. Home Retailing had a dismal performance in Jan-08 at 16%.The same store sales growth in value Retailing [Big Bazaar, etc] was at 12.5% as indicated in the chart below.The same store sales

BCnoreply@blogger.com0tag:blogger.com,1999:blog-2056399550517668111.post-50553666754748204582008-03-07T23:52:00.002+05:302008-03-10T00:08:01.459+05:30

High retail rentals and unrealistic real estate prices are a hindrance to genuine businesses and retailers. Reliance Retail didn't take it too long to realize and invite franchisees across all its retail format in the last week of Feb-08. Now its turn of Kewal Kiran clothing, manufacturer and owner of Killer and Lawman brands.Mr. Vikrant Gandhi, Chairman said,We had planed to rollout 100 plus

BCnoreply@blogger.com1tag:blogger.com,1999:blog-2056399550517668111.post-75019939536799546182008-03-03T23:31:00.003+05:302008-03-09T23:50:10.162+05:30

Pokarna group promoted menswear retail brand StanzaWorld is all set to open more exclusive stores this year, mostly in Tier - I cities. They plan to double the store count to 20. 3 exclusive stores are planned for Delhi NCR and one each in Bangalore and Kolkata. They also retail through multi brand outlets.The company will also launch new product line - belts, jackets, etc in the menswear

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