Category: News & Views

Retailers witness the slowdown first than manufacturing companies. RPG promoted Spencers retail does want to open more stores but with the word of caution. For now the company has freezed new hiring. The company still has really ambitious plans on board for expansion with pumping Rs 1,500 crore to open 325 additional stores. Mr. (more…)

Cafe Coffee Day – CCD the pioneers of coffee retailing in India started by an entrepreneur V.G.Siddhartha, has unveiled 3 additional formats for coffee retailing. Coffee Day Square, Coffee Day Lounge and the third format is yet to be branded. [Suggestions are open in Comment Box]
The company plans to promote Coffee Day Square as the group’s flagship outlets. They will (more…)

It is truly amazing on how soon Indian retailers have changed their business strategy – from aggressive expansion plans and vision 2010 to closing down non-viable stores and putting on hold all further openings – Courtesy: Global Economic Crisis and Local Liquidity Crunch 🙂

Leisure store chain – Odyssey involved in retailing of (more…)

Some formats of Reliance Retail have probably seen less footfall – it is to compare with last year since we didn’t have many formats. Even compared to what it used to be in April, May and June in (more…)

Olay is giving away a free sample of its new product Total Effects. This product is made after years (more…)

Titan Watches launched its WWF Collection inspired from half a dozen endangered species of animals. It is available in 13 different styles and is priced (more…)

Indian Coffee Chains is the second Article of our focused coverage about Retail Chains in India. Indian Apparel Chains was the first article in the series.

Organized coffee shops in India is a big business which is growing at the rate of 35%. It is likely to reach $200 mn by the end of 2010. Seeing this potential, International chains like UK based Coffee Republic, Italian Coffee major Caffe’ Nero and Germany’s Cup n Cino are looking for retail partners in India to make their foray into the market. The number of branded coffee outlets in India is expected to increase to 2,600 stores in the next two years from present 1,250 outlets.

Coffee sold through branded outlets is worth Rs 600-700 crore a year at present and that market is expected to business of over Rs 10,000 crore in the next five years. Chains such as Costa Coffee, Gloria Jeans and Coffee Bean & Tea Leaf are among the foreign brands that have opened stores in India.

Global players are foraying (more…)

Future Group’s various retail formats did brisk business during the Festive season of Diwali and reported significant sales growth Y/Y basis.

Total sales for October’08 were up 82% y/y at Rs7 (more…)