Category: News & Views

In an exclusive interview published in Enterprising India, Kishore Biyani the Pioneer of Indian Retail spoke on his entrepreneurial retail yatra. His venture Manz Wear started at the age of 26 later transformed into Pantaloon Fashions / Retail. Excerpts from his interview is as follows,

Leaving the Family Business to Stand on Own Feet

While still in college I had decided that I didn’t want to continue in my family trade. I trusted my own nose for business and wanted to start something on my own. There were a few things that I found disagreeable in the family business. Firstly, there was the financial micro-management, which allowed little space for growth. If there are only accountants running each pocket of the business, where are the entrepreneurs going to come from? Secondly, (more…)

In the previous post we explained Future Group’s effort for consolidation of Distribution Centers and Supply Chain Solutions. We will briefly discuss the impact so far the company has had and the challenges ahead of it in this ambitious project.

Impact of New Supply Chain:
With current initiatives, PRIL has managed to take up its fill rates from Mumbai DC from 70% (more…)

The Pioneer of Indian Retail – Mr. Kishore Biyani, who probably understand the retail business better than anybody else in India has restructured his Supply Chain and back End. Today we will have a look at his efforts in Distribution Center Management.

The number of DCs for Apparels has been brought down from 15 to 5 and for General Merchandise from 16 to 8. This will help to consolidate inventory at fewer locations and cut out wastages from overlaps across multiple locations. While the travel distances for goods will increase, it will be more than offset by improved
truck load factors.

GST on Mind while Consolidating Distribution Centers – This will, however, be more useful (more…)

Sportswear giant Nike oepned its new showroom in Bangalore and the major marketing theme which ranks the store higher than its peers is the Personalized (more…)

Ramesh Tainwala, president of Samsonite is very upbeat about the Indian market, especially in the context of competing with their global competitor American Tourister which seems to be quite aggressive in its rollout as well.

Samsonite India is a (more…)

Apollo’s pharmacy is a subsidiary of Apollo Hospitals Ltd and is the the largest chain of pharmacy outlets in India, which has grown aggressively to reach 1000+ outlets in the last five years. (more…)

S Kumars Nationwide Ltd – SKNL which started the retail venture by becoming authorized distributors and retailers of Foreign Apparel brands has stepped ahead in the race by incorporating a JV with Donna Karan International to Design, Produce and Retail DKNY Menswear brand for (more…)

Modern Indian Women are considered intelligent and trendy as well. In a bid to woo them, Retail Brands like Himayala, TBZ Jewellery are increasingly targeting resorting (more…)