Category: News & Views

Studying the modern retailers business, data suggests that the modern retail sector in India is maturing – the focus has shifted from aggressive revenue growth to a phase where revenue growth, profitability and cash flow objectives have to be balanced. Retailers are focused on closing unprofitable stores and re-calibrating (more…)

The long-term opportunity for modern retail in India was keenly questioned over the past fiscal as incumbents weathered a cyclical economic slowdown. As with any cycle, some players emerged as winners while there were some survivors and a handful of bankruptcies.

Organized retail in India is beset with certain structural issues, which were sharply exposed in the economic downturn. Primary concerns are with retail cost structures – viz. 1) the investments in store capex, and 2) inventory holding costs (a reflection of hyper growth and limited logistics support) and poor working capital management.

Going forward, (more…)

India remains a key focus market for L’Oreal and we have seen aggressive activity in hair color, shampoos and skin care in recent times by the company. L’Oreal India is emerging as a significant personal care and cosmetics player (more…)

The Future Axiom Mobile Handset vendors with 340 stores across India including the shop-in-shops have decided to push the Exit button and join hands with Essar Group’s The Mobilestore for a minority stake in the company.Furure Axiom sells about 35,000 (more…)

As we said in an article on the evolution of Retail sector in India, which has entered the consolidation phase, Raymond executives probably read our article and pushed the Go button for their restructuring.

Raymond wants to extend the (more…)

The Union Budget appears to have settled the ambiguity regarding service tax on rentals paid by retailers to mall developers. It has amended the definition of Renting of immovable property service to provide explicitly that (more…)

Home Solutions Retail (India) Limited (HSRIL) is a part of Kishore Biyani’s Future Group where 33% of the stake is held by Private Equity Investors. operates in Consumer Durables & Electronics (CDE), Home furnishings and services including design segments. Its key formats are Home Town, E‐zone, Home Bazaar, Furniture Bazaar and Electronics Bazaar. HSRIL has a total of 2.4mn sq ft of retail space, which include (more…)

U. V. Retail is presenting Groceryshop.in – first of its kind Online Supermarket in India. Currently this service is available only in Mumbai. It is a venture promoted by Davinder Goyal.

Prices are very much competitive with other supermarkets. It requires (more…)