Fight Slowdown – Alliances + Consumer Behavior + Private Labels

This is the second of the two post series on fighting the retail slowdown[first post here]. We will touch upon three core areas- Alliances, Consumer behavior and focus on Private Labels.

Alliances:
In the current scenario retailers should be on lookout for opportunities to partner with foreign retailers as it could possibly bring in the much needed capital and expertise. The relationship could involve joint contribution by parties with shared control /ownership and has some degree of exclusivity attached to it. Retailers can also consider entering into an alliance with
A retailer from the same channel, A retailer from a different channel, Vendors, Back-end service providers like third (more…)

Suggested Strategies to Fight Slowdown – Part -1

Earlier we covered about the facts and issues worrying Indian retailers. Today we cover the strategies suggested by Retailers to cope the slowdown. This will be a two part post and we are covering the first of the two parts.
Indian Retail Sector SlowdownToughen internal efficiencies – If you are reading our blog regularly then you have already heard of the term “Garv Se Kaho Hum Kanjoos Hey” from India’s Retail King – Kishore Biyani.

  • Cost Cutting – Should not happen where it is easy for the retailer but the most effective strategy should be one that identifies the costs least important to delivering what the customers value which can (more…)

Slowdown Facts + What is Worrying Retailers ?

modern retail mall indiaWhat are the facts about the Current Slowdown with respect to retailers ? Here is the outcome from a recently conducted survey by KPMG about Retail Sector’s Facts.

  • Confidence of 53% of the retailers is shaken with an additional 7% exhibiting low and uncertainty. However, 40% are confident to sail through the tide.
  • 70% of the store managers admitted to falling footfalls. They are trying their best to combat (more…)

Challenges of Food & Grocery Chains

Grocery IndiaYesterday, we covered the Key Trends from Food Forum India – 2009. Today we will see the key challenges faced by Food and Grocery Retail Chains in India.

Retailers argued that the principal advantage of food and grocery shopping with organized retailers is the assurance of quality that is normally not the case with most of the kiranas and road-side vendors in India. Government & Retailers to work towards maintaining Food Quality at all points across the value chain. India currently is at a nascent stage where food quality and safety technology is concerned (more…)

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