tag:blogger.com,1999:blog-330336592009-11-26T07:22:17.938+05:30Updates from the Indian Retail Industry.Webmasternoreply@blogger.comBlogger657125tag:blogger.com,1999:blog-33033659.post-83978613349804960222009-11-25T12:22:00.004+05:302009-11-25T12:51:48.772+05:30

We already know from the ICRIER survey that local retailers popularly known as Kiranas haven't had an impact as projected or estimated by most. We would like to enhance one some the key business lessons practiced by these Kiranas that can be incorporated by organized retail chains who are back to the drawing board chalking out new strategies on how to win the Indian market. This is with refrence

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-73856855097680611842009-11-24T12:48:00.003+05:302009-11-24T12:57:24.658+05:30

The myth about Organized Retail Chains throwing your neighborhood Local Kiarana like stores out of business is not completely evident yet, as per a report by ICRIER. The majority of the mom-n-pop stores are keen to compete and stay in business. Additionally, there is no evidence that employment has declined in this unorganized sector.There is some decline in the employment in Northern and Western

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-6881283980259063512009-11-20T10:44:00.004+05:302009-11-20T11:09:11.430+05:30

We have already seen the diversity and the extremity of the Indian Retail Market. We would like to discuss some of the factors that will help in opening or launching nationwide chain of stores. You should first read and understand the consumer spending habit across the most lucrative Indian states on Food and Non-Food items and how they rank against each other. Again, just because UP ranks number

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-26056178914106354832009-11-19T09:30:00.006+05:302009-11-20T10:38:04.951+05:30

The Pioneers and largest Retail chain of India - Pantaloon Retail is recalibrating its business strategy to ride the second large wave of retail boom in India. Mr. Biyani believes that market dynamics in the current environment are working in the company's favour.The objective of this exercise is to create different entities or pure play investment vehicles with their independent risk-rewards

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-66750685056567886952009-11-18T10:11:00.003+05:302009-11-18T10:24:53.970+05:30

CASIO India, the 100% subsidiary of Japanese company CASIO has witnessed tremendous growth [over 80%] in the past few years and is all set to scale the business.Casio primarily operates in thre verticals - Calculators, Watches and Musical Instruments [synthesizers] and enjoys a high brand recall amongst Indian consumers. With its blue print ready for expansion Mr. Seth, Head Casio India said,Our

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-49739269997251535802009-11-16T14:21:00.003+05:302009-11-17T14:47:54.648+05:30

Rural India accounts to 45% of Indian GDP. Rural India accounts for 70% of all Indian Households and cloe to 40% of the total consumption pie. So we'll see how the rural market in India stacks up.Diversity Dispersed - The rural market comprises over 4,000 towns and more than half a million villages spread across India. This presents a significant challenge when decisions on store footprint and

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It is commendable to see that Luxury Brand retailers have went an extra mile to understand the second line of Indian customers who would want some kind of security on the Luxury products they buy - like Tag Heuer watches. Ethos Summit, the retailer of all Luxury brands state of art time-pieces has tied up with Oriental Insurance and is giving away free insurance with the watches purchased at

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Bottomline is a must for any business, however in the retail business, it is the consumer experience that will directly determine the bottomline and the long term business proposition.In order to help SMEs, Showrooms and Franchisees in the retail business, we interacted and brainstormed with several professionals in the Industry and Consultants and put together a list of Elements that determine

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-76164286881167598812009-10-29T12:38:00.004+05:302009-10-29T12:52:37.658+05:30

The initial euphoria on retailing in India has calmed down in the past 12 months as retailers slowed down and even shut down non-viable stores. To survive and grow, retailers are now looking for cost cutting measures from controlled staff spending to rationalized property rentals of showrooms. Even after a healthy 30% correction on retail rentals, retailers are still finding it difficult to run

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-77091018901885479922009-10-28T17:40:00.000+05:302009-10-28T17:40:00.089+05:30

This is the part two of the two post series [ Read Part-1 here]. The two chains that I had hinted and none of you were able to get it was Ethnicity by Biyani and Mom & Me by Mahindras.The other 6 concepts that made to the Innovators list areas follows.Ethnicity: Kishore Biyani promoted retail giant launched its first store in October-2008. The central idea behind these stores is to retail Indian

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-49268531565150352752009-10-27T20:38:00.004+05:302009-10-27T21:08:27.009+05:30

Innovative business practices are a must to sail over recessionary period. Recently the veterans of the Indian industry were asked to rate on some interesting concepts unfolding in the sector which started mainly in the past 12 months. The criteria for choosing the same wasParadigm shift from unorganized to organized and should be convenient and customer friendlyShould contain some ethnicity of

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-29826284359640831732009-10-26T20:50:00.004+05:302009-10-27T20:38:45.030+05:30

We all know that Cinema and Cricket are close to the heart of millions of Indians. Companies don't take too much time to realize this and have encashed upon the India consumer sentiment.Banking on this trend, the range of Kurtis worn by Deepika Pudkone in the movie Love Aaj Kal have sold like hot cakes from the shoppers stop stores. The outfits featured in the film can be picked up under the

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-79572657649596352582009-10-24T09:49:00.002+05:302009-10-24T10:11:34.292+05:30

French sports goods manufacturer, Decathlon, has informed us that the company has launched first Store in Sarjapur, Bangalore as a cash and carry business, on the lines of German retailer Metro.Decathlon has 500 stores across the Globe. Its Bangalore store has SKUs / sports goods ranging between basket ball, badminton,hockey, football, soccer, squash, tennis, table tennis, paddle and many outdoor

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-58353379498782021212009-10-23T10:10:00.003+05:302009-10-23T10:30:57.486+05:30

ITC promoted Wills Lifestyle, a well known brand with 12% Lifestyle market share is all set to enter the Affordable DesignerWear market. The company has hired designers who are already creating special collections which will be displayed and marketed through exclusive Lifestyle stores.Wills Lifestyle has seen increased footfalls from the Women segment who now contribute 35% of the sales. In order

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-23683524781002038302009-10-22T08:23:00.000+05:302009-10-22T08:23:00.997+05:30

Here is an excerpt on the study of Key Emerging Trends in Indian Retail Sector.Focus on private labels:Companies are looking to focus on increasing their private label sales. They are similar in quality [not all, we agree] compared to branded products but offer higher value as they are 15-20% cheaper than national brands. Industry players are looking to increase the sales mix of private labels

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-74003254589957668992009-10-20T20:31:00.000+05:302009-10-21T20:37:49.839+05:30

The year 2008, was difficult for retailers. The pioneer of Indian Retail - Kishore Biyani now famous in IIMs and other business schools across the world for his Garva Sey Khao Hum Kanjoos Hey e-mail because he could foresee the storm and made all necessary adjustments to sail over the tide. We would like to present to you how Retailers shutdown operations across India in the last 12 to 18

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-10782024381459450492009-10-16T10:08:00.003+05:302009-10-16T10:22:18.093+05:30

Dubai based Landmark group betting big in the Indian retail space has earmarked $100 mn infusion into its various lifestyle chain - Max, City Max and Max Hypermarkets. The company plans to add 30 new lifestyle stores and 15 HomeCenter stores.The first Lifestyle stores will open in Chennai, Jallandhar, Kanpur and Coimbatore.In addition to this more investments will be made in expanding Max Value

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-10241804646961168962009-10-15T10:57:00.002+05:302009-10-15T11:07:59.963+05:30

Notting Hill the brand for aam aadmi launched in 2007 proved costly for Raymonds India. The management has decided to withdraw the brand from metros and Tier-I/II cities with immediate effect.The company had big plans for Notting Hill but were postponed and later completely changed. It will now be made available only in small towns through Raymond dealers. Mr. Deepak Khetrapal, COO said, Raymond

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-14531686925251495572009-10-13T10:16:00.002+05:302009-10-13T10:24:46.814+05:30

German sportswear major Puma is changing its Retail strategy in India from being pure-play sports retailer to complete lifestyle brand. In collaboration with Gini & Jony, the company will enter the kidswear market. Gini & Jony has a network of 150 stores across India and Puma wants to encash on the same. Under the agreement, Gini & Jony is just a distribution partner while the merchandise will be

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-8910042148381298122009-10-07T10:09:00.000+05:302009-10-07T10:10:38.437+05:30

Mumbai-based textile and apparel major Raymond has drawn up plans to expand its retail presence in Tier IV and V cities. The company plans to open 289 stores on a franchisee basis in the next 18 months, which will involve an investment of Rs 100 crore - shared between the company and the potential franchisee partners.With the addition of nearly 300 stores, the total number of the retail outlets

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-11907976664607757232009-09-30T11:29:00.002+05:302009-09-30T11:37:01.481+05:30

The Management of Pantaloon Retail India Ltd has told during an interaction about the company's calibrated approach to growth. Here is an excerpt on its strategy going forward.Company is looking at unlocking value in the value retailing (Big Bazaar) format, where they believe they have reached a critical size. Management said they are in 6-7 strategic discussions with different parties. They

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-64297105934777223032009-09-26T06:12:00.000+05:302009-09-26T06:12:00.159+05:30

Phoenix is likely to do a soft opening of Palladium, its high-end luxury mall, today at High Street Phoenix (HSP), Mumbai, and make it fully operational within one month. 'Palladium covers a leasable retail space of 325,000 sq ft with B+G+3 floor levels. Landmark, the mall's anchor client, will cover ~40,000 sq ft in the basement while the ground plus three levels will be retail space. Phoenix

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-32563242105958748482009-09-23T19:17:00.003+05:302009-09-25T19:23:49.782+05:30

SRS Jewels - The flagship brand offers Certified Diamond and Hallmarked Gold jewellery. The company has already doubled the size of its first exclusive SRS Jewels store located at SRS Mall, Faridabad, Haryana and plans to open 5 more SRS Jewels stores with an investment outlay of about Rs. 50 crores by the end of year 2010 in Delhi, Gurgaon, Noida, Palwal and Ghaziabad.Dr. Anil Jindal, Chairman

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-62942607349200155822009-09-12T11:39:00.003+05:302009-09-12T12:08:28.221+05:30

The Collective - Luxury menswear brand from the Aditya Birla Nuvo after a years learning curve is going casual and into smaller formats.In its over 12 months of existence, it realized that most of its customers are in the age group of 30-35 and are interested in shopping for casual wear rather than designer suits / linen fashion and accessories.The Collective Casual will be the new brand name of

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-40869780074229078032009-09-09T12:45:00.003+05:302009-09-10T12:57:08.522+05:30

Falling retail sales will be hing of the past. Here is an analysis after discussion with the management of Shoppers Stop, India's leading Lifestyle Retailer.Shoppers Stop plans to open 16 stores over the next 40 months (about 4-5 stores with a capital outlay of Rs750mn per annum).While its specialty segment, Homestop (four stores of consumer durables and furniture) and Arcelia (two high-end

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