Category: News & Views

Alok Industries promoted Home & Apparel chain of retail stores will be part of Arvind Retail after Alok Industries hives of Arvind Retail as a 100% subsidiary. The sub-division process (more…)

Indian retailers have turned cautious and are revisiting their business plans as dark clouds still loom large over the economy and spending on borrowed money.

Overall retail market managed to grow by mere 2% for Q2 FY09 according to Nielsen report on Indian retail. The tightening consumer credit has hit the middle market the report added.

Mr. Kishore Biyani, the Pioneer of Indian retail said,

We (more…)

Spencers Retail has joined the retail wars in the Home Furnishing segment and has introduced a private label brand Livin Smart.

Mr. Samar Singh, VP Marketing of Spencers Retail said,

We (more…)

The Pioneer of Indian Retail – Mr. Kishore Biyani is hoping to have a new life with new couples tying the knot within the next 5 weeks. Their are around 19 wedding Muhaurats and around 30,000 couples are expected to tie (more…)

Duty free stores in modernized and uplifted Indian airports are all set to woo the Indian traveller. Thanks to modernization of airports with increased focus on Duty Free Retailing. These retailers are now compelled to offer world class quality products – Scotch, Chocolates, Souvenirs, Indian (more…)

Future Groups Consumer Electronics and White Goods Format – eZone opened for business in Chennai. The eZone Chennai store is spread on 20,000 sft carpet area stocking more than 6,000 products of 250 different brands including Future Brands owned – Koryo and Sensei.

The (more…)

Diwali 2008 was not all the bright, especially for Consumer Electronics companies and White Goods Consumer durables. Sales from Companies to Dealers was as expected while last mile sales from dealers to consumers took a beating and was down 8-10% this festive season.

Typically in the Indian retail scenario, 35-40% of retailers annual sales are recorded in the Sept-Dec festive season period. However, retailers are worried about the Diwali stock which has (more…)

Fendi launched handbags made of mink leather in a variety of patterns. Suggested Retail pricing is upwards of – Rs 100,000.

Westside has (more…)