India Retail News and Research
India Retail News & Views
The Pioneers and largest Retail chain of India – Pantaloon Retail is recalibrating its business strategy to ride the second large wave of retail boom in India. Mr. Biyani believes that market dynamics in the current environment are working in the company’s favour.
The objective of this exercise is to create different entities or pure play investment vehicles with their independent risk-rewards offering, excerpts from the management meet are as follows,
CASIO India, the 100% subsidiary of Japanese company CASIO has witnessed tremendous growth [over 80%] in the past few years and is all set to scale the business.
Casio primarily operates in thre verticals – Calculators, (more…)
Rural India accounts to 45% of Indian GDP. Rural India accounts for 70% of all Indian Households and cloe to 40% of the total consumption pie. So we’ll see how the rural market in India stacks up.
Diversity Dispersed – The rural market comprises over 4,000 towns and more than half a million villages spread across India. This presents a significant challenge when decisions on store footprint and distribution (more…)
It is commendable to see that Luxury Brand retailers have went an extra mile to understand the second line of Indian customers who would want some kind of security on the Luxury products they buy – like Tag Heuer watches. (more…)
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 the ultimate consumer experience. Based on this list, you can design a variant (more…)
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 the show (more…)
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 Ethnic and fusion wear, jewellery, handicrafts, home decor, beauty products and accessories. The stores are fairly large and their are 3 in operation [Ahmedabad, Mumbai and Indore] with (more…)
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 was