Category: News & Views

Fabric Spa chain of laundry promoted by Jyothy Laboratories has acquired Snoways for an undisclosed sum. Snoways is the second largest chain in Bangalore after Band Box. Snoways had a topline of Rs 5 crore while the later has Rs (more…)

You have already read that PAN India retailers are facing significant slowdown or shut down. One of our Associates did a retail reality check with small or independent retailers in Kolkata and the findings suggest that they are affected by the slowdown but not as much as their Large competitors.

Shagun a Wedding Mall of 20,000 sft is likely to register a turnove of Rs 20 cr for FY09 which is higher than Rs 17.5 cr it did in the last FY. Mr. Khaitan of Shagun is of th view,

Thankfully we have already crossed our last years revenue and out business has not ben affected that much, simply because we are into wedding wear. Even now consumers go overboard when it comes to shopping for the bride and groom. The meltdown dos not matter as shopping for bride and groom is (more…)

Godrej Agrovert promoted Gourmet retailing chain Nature’s Basket will be spun off into a separate entity as it is highly profitable and can thus grow on is own. You may recall that Godrej groups retail initiative included Aadhar – Rural Retail Chain where they divested 70% stake in (more…)

After merging group company Reliance Petroleum with flagship Reliance Industries, Chairman Mukesh Ambani has now set his eyes on making it big in the Retail. Over the past 28 months, after opening the first Reliance Retail Store – Reliance Fresh, the company has done in-depth market research (more…)

Kishore Biyani’s brain child Future Brands is all set to take it private labels – John Miller, DJ&C, Bare and Dreamline out of the group stores and license to other competitors. This means, these brands which are primarily sold through Pantaloon, Central (more…)

We would like to present a comparison between China and India in the Departmental Store Business. This study concludes Retail as an unviable proposition but that is a fact and we have already seen what is happening in the Retail space. Here is the excerpt of the study.

All figures are in USD in the following analysis.

• Capex (fixed assets only) / square foot – $20 for china where as it is $23 in India. (more…)

Today we are presenting to you some of the unwritten Business Strategies at Koutons Retail which is helping the company beat the slowdown blues. Koutons Retail India Ltd (KRIL) is a domestic apparel retailer in the “value segment” with a franchise retailer model in the organized market. The company has two main brands – Koutons ( menswear age between 23-45) and Charlie Outlaw (youngsters between (more…)

Gloria Jean’s Coffee Chain is operating in India through a master Franchisee – Landmark Group company, CityMax. In order to help CityMax expand Gloria Jean’s presence, the latter is setting up a Bean Roasting unit near Bangalore to avoid the 112% import duty on coffee beans and thus able to help its franchisee compete with (more…)