Spencer’s Retail promoted by the House of Goenkas, one of the oldest Business Houses in India and led by the younger generations of Goenka family spotted opportunities in retail way back in 1990s. The younger generation wanted growth and new businesses to venture and they didn’t do any mistake by stepping into retail. After achieving success in their initial blueprint, they (more…)
Category: News & Views
India Retail News & Views
Shubh + Laabh Stores to give up aggressive expansion
With Indian Inflation hitting a 13 year high, Rajesh Exports owned Shubh and Laabh Jewellery retail stores went ahead and announced that store opening would be slower than what was (more…)
Italy’s Paul & Shark Sportswear Ties up with Reliance Brands
Reliance Retail had spun off Reliance Brand to encourage Global Tie-ups in Fashion and Lifestyle space. The company has announced an equal JV with Italian luxury and leisure sportswear (more…)
Liverpool sets Limca Record – Is it a World Record too ?
Little known company Liverpool Retail India Ltd of Ahmedabad has entered Limca book of records by opening 151 exclusive retail outlets simultaneously across 15 Indian states.
Liverpool retails (more…)
Indian Consumer’s Beauty + Nutrition Shopping
The pressure to look and feel good is shaping new attitudes and lifestyles. Morgan Stanley had conducted a survey on urban Indian consumers and here is excerpt from the same.
80% of urban (more…)
Nebula Zeus Solid Gold Limited Edition Watches
Limited Edition Retailing seems to be gaining lot of Traction in India. From Jewelery to Watches, you name it, retailers are considering its launch. In Feb-08, we saw Vijay Mallya’s Kingfisher Airlines launch edition watches in collaboration (more…)
Online Shopping – FutureBazaar and Hypercity’s Big Plans
Retailers in India don’t want to miss any channel to woo customers. FutureBazaar.Com which has got big money from Sherpalo and KPCB VC funds has struck yet another deal with Dubai based Aramex for Logistics handling. Aramex is one of the top-3 courier companies in Middle East will provide end-to-end solutions for FutureBazaar.Com including setting up a 66,000 sft logistics (more…)
IPL Cricket a bane to Retailers – Sales Fall in April-May
Summer is the best time for people to do outdoor activities, really especially shopping at Malls and Megastores that have sprung up with the retail boom in India. However, this summer was disappointing to many retailers, blame it on IPL Cricket or Cheerleaders ;-).
An irresistible combo of (more…)