tag:blogger.com,1999:blog-330336592009-11-08T17:58:11.756+05:30Updates from the Indian Retail Industry.Webmasternoreply@blogger.comBlogger650125RetailMantrahttp://feedburner.google.comtag:blogger.com,1999:blog-33033659.post-80100827015449046142009-11-05T10:12:00.004+05:302009-11-06T11:26:45.446+05:30

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

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-20915933062840011372009-09-05T11:31:00.003+05:302009-09-05T11:49:11.391+05:30

Lingerie Retail a niche retail market in India has bucked the trend of slowdown and is seeing rising sales. Triumph, etam and others who dared to venture into this niche to pamper the smart and hardworking Indian women are laughing their way to the banks. Triumph which launched in 2002 priced its SKUs between Rs 200 and Rs 450. They have now marked up their pricing to s 200 and can get as

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-34456058265301423642009-08-29T19:59:00.003+05:302009-08-30T00:09:03.214+05:30

Retailing in India is not just an Urban revolution. Some big corporates like DCM Shriram Group [erstwhile Delhi Cotton Mills], ITC and Godrej have ventured to fulfill the needs of our Rural folks and at the same time have gone through a tremendous learning experience. It might come to you as a surprise that, they are also making money :-)It has been over 2 years since we touched base on DCM

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-44807186183014786582009-08-27T07:56:00.003+05:302009-08-27T08:22:29.598+05:30

FabIndia which was established way back in 1976 at GK, Delhi was operating as an export house and slowly started retailing - hand-woven / printed textiles, durries, home linens. FabIndia started ready to wear garments in 80s. It always distinguished itself as a niche by combining Heritage and Tradition with Modern Twist. Today we would like to write about FabIndia's Saree Business which is

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-81641494157399297682009-08-26T11:46:00.005+05:302009-08-26T12:01:52.056+05:30

Delhi NCR is one of the first places in India which embraced the retail boom. The region has 20 m sft of malls under operation and equal space under development. The following pie-chart shows the distribution of retail mall space in Delhi NCR.Gurgaon is one of the best success stories for Malls in India between 2003 and 2008.We will now look into Product SKUs sold by these Malls in Gurgaon and

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-8562807807837078652009-08-25T15:55:00.003+05:302009-08-25T16:04:49.706+05:30

Punjab is the richest state for Agriculture in India. Reliance known for mega world class projects in refineries had planned it really big and had signed an agreement with former Punjab State Government to setup 52 rural hubs and over 250 sub-hubs across 18 districts of Punjab to facilitate cultivation and retail of fresh farm produce.The state government terminated the MoU as Reliance has failed

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-33798520291504988972009-08-20T07:20:00.000+05:302009-08-20T07:20:46.226+05:30

Business Experience matters more than inherited cash cow especially when you are in the Retail / Consumer facing business. The Pioneer of Indian Retail - Mr. Kishore Biyani is continuously on the cycle of putting best practices in Retail. Today we would like to share with you some of the strategic business decisions taken by Biyani and his board.One of the best and first decision before the

Webmasternoreply@blogger.com0tag:blogger.com,1999:blog-33033659.post-83056697424181652852009-08-19T00:14:00.003+05:302009-08-19T00:14:00.240+05:30

Titan the manufacturers and is the leader of organized watch retail space in Indiaoffering a choice to every Indian - from school kids to Aam Aadmi to the Rich and Lifestyle seekers.We decided to do a check on the spectrum of brands competing with Titan and visited more than 10 outlets [Titan exclusive and Multi-brand] across Bangalore and here is the finding of our Store Visit Research.We will

Webmasternoreply@blogger.com0