Category: News & Views

Pantaloon Retail Revenue growth was in line with estimates, 13.9%. Despite higher operating costs – 21.1% of revenue, compared to 17.6% of revenue in value business – Lifestyle earns an operating (more…)

In continuing our coverage on Mall Development in India, today we will touch base on the Winning Business Strategies for Mall Developers. You can fine tune and apply the same for your family / consortium promoted Retail Business Realty Development as well. Post slowdown, it is expected that retailers would be a lot more cautious in terms of their expansion and would evaluate the profitability of each location more thoroughly than ever before.

Mall Planing and Zoning (more…)

Dabur’s retail operation is in a state of flux, like most of modern retailing in India. The reduction in average store sizes, closure of unviable stores (almost six stores have been shut) and adoption of ‘revenue sharing’ models for new stores (more…)

@Home [by Nilkamal] is a chain of complete home decor stores across the country that retails a wide range of imported furniture (readymade furniture), soft furnishings and home accessories (100% trading venture). ‘@home’ with its international style retail format has been one of the first organized movers in the industry which created its own identity as a specialty store for home decor. It is spread across the country with 15 stores in 11 cities.

Business (more…)

Shoppers Stop is now in expansion mode, having exited some of its non-core retail ventures, thus enabling it to focus on the department store business. With an addition of over 1msf over FY11E-FY13E, increasing the retail space by more than 33% to 3 msf, we expect the company to leverage on its business model and brand equity.

The (more…)

Reliance Retail’s Lifestyle Division CEO Bijou Kurien has updated the Groups Business Strategy for the next 12-18 months and here is an excerpt from the same,

• Reliance Timeout will grow to 20 stores while Reliance Jewels will hit (more…)

S Kumars Nationwide (SKNL), the flagship company of the SKNL group, is a vertically integrated company from yarn to garments. The company also operates in the home textile segment. SKNL is the market leader in uniforms with 30% market share.

The company is in the business of selling branded products through its vast distribution network of 400 wholesale dealers, (more…)

Having been in the retailing business for some time, the Spencer management realized that retailing cannot be carried out at all locations. For example, locations such as south of Bandra in Mumbai were not viable due to high rentals. Locations such as some in South India and Kolkata were good as rentals and turnover were very favorable. As a result, Spencer has aggressively closed down 170 unviable stores, and as a result the number of stores has come down to 212 (more…)