tag:blogger.com,1999:blog-20563995505176681112009-07-13T15:04:22.442+05:30Retail Brands and Marketing UpdateBCnoreply@blogger.comBlogger167125tag: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.com0tag: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

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