Category: News & Views

The global financial crisis combined with liquidity crunch in the Indian market hast hit the Retail sector now. Foodland Fresh and Spinach supermarket retail stores have closed some outlets and are on the verge of closing more stores. The Wadhawans of (more…)

Retailers in India have always used the IT city of Bengaluru as their test bed. They are mow moving to woo consumers in Hyderabad, yet another IT destination.

Max Retail part of the Dubai based Landmark group opened its second shop in Hyderabad. This is the 17th store in India. Mr. Vasanth Kumar (more…)

Italian Lifestyle company Diesel will enter India in a 51:49 JV with Reliance Brands. Diesel is mainly known for its Denim, Footwear, Intimate Wear, Watches and Bags. This is Reliance Brands third such tie-up (more…)

Global Lifestyle retailer for Lingerie – Triumph, opened its first exclusive outlet at Infiniti Mall in Mumbai. (more…)

LVMH Watches owned luxury watch brand – Tag Heuer has unveiled a plan to build the brand in India by an advertising campaign. Bollywood actress, Priyanka Chopra (more…)

Good Earth Lifestyle and Luxury retailer from the Eicher group is all set to establish its footprint on foreign soil by opening a flagship store in the island city of Singapore. The company which already has presence in Mumbai, Delhi and Chennai will open (more…)

Indian industry leaders that the game has just begun for organised retail in India. Though the global economy is witnessing a slowdown, the Indian economy is set to grow at 7.5% p.a. Total retail sales in India is estimated to grow at a CAGR of 10% to $680bn by the end of 2011 increasing from to $511bn at the end of 2008. Organized Retail to grow at a CAGR of 42% to reach US $70bn and capture 10.3% of the total retail in India by 2011.

The top 20 cities in India make up less than 10% of India’s population but generate more than 30% of household income. Tier I cities (more…)

As the Economy reels under pressure and Real Estate prices nose diving, it is one of the best times for Retailers to expand. Japanese state of (more…)