You are Here

Category: News & Views

India Retail News & Views

News & Views

Dominos Pizza Opens 37 Stores, SSS Growth at 16% – New Products

Dominos Pizza IndiaDominos Pizza in India opened 37 new stores in Q3 FY 2013. Present in 118 cities as on 31 December, 2012, up from 100 cities as on 31 December, 2011 Domino’s Pizza network extended to new cities such as Guntur, Navsari, Ankleshwar, Tirupur , Ambala and Tumkur coupled expansion in existing markets. The Same store sales (SSS) growth in Q3 FY13 at 16.1%; SSS growth in 9M FY2013 at 19.2%. The Company has a target of launching 110 Domino’s Pizza stores in FY13.

Dominos New Product Launches in India
Launch of Cheesy Boloroni Pizza – Pizza with a unique mix of (more…)

News & Views

AllSchoolStuff.com Online Retailer for School / Kids supplies

All-School-stuff AllSchoolStuff.Com is the first organized retail brand in the unorganized $10bn school supplies market in India. The Company provides a one stop solution to meet the diverse product needs of a school going child through its large range of merchandise ranging from children books, stationery, learning products, uniforms and footwear, bags & bottles, furniture & furnishings, educational toys & games, birthday gifts and sports items. The Company lists over 25000+ unique products on its store, sourced from over 200+ top notch brands and suppliers.

AllSchoolStuff.com at the end of first year has over 250,000+ registered users, located in over 1000+ cities across the country. AllSchoolStuff is now shipping (more…)

News & Views

Why is Fitch Negative on Indian Retail ?

Negative Outlook on Indian RetailIndia Ratings a Fitch Company has maintained a negative outlook on the Indian retail sector for 2013. The report cites – protracted weakness in consumer’s discretionary spending due to high inflation, real wage growth is nominal and low level of macroeconomic activity. All this leads to a credit squeeze, high operating costs and poor margins at the retailers end.

Other Metrics such as Private Final Consumption Expenditure (PFCE) has hit an eight-year low. The trend adds more fuel to the fire (more…)

News & Views

Maric’s Kaya Skin Clinin Re-Branded as Marico Kaya Enterprises (MaKE)

Kaya Branded as Marico Kaya EnterprisesMarico announced a restructuring wherein the skin clinics (Kaya) business would be hived off into a separate company, i.e. Marico Kaya Enterprises (MaKE), to be listed later this year. Further, domestic consumer business and international will now operate as a unified FMCG business. Besides, positive core business momentum, we view this restructuring as a positive catalyst to the stock as it involves: the hive-off of the loss making / capital intensive Kaya business from Marico.

Initially Marico Kaya Enterprises (MaKE) will be formed (more…)

News & Views

Titan / Tanishq Struggles with Tougher Gold leasing norms & Expanded Retail Space

Titan Tanishq Gold - Tough LeasingTitan’s Tanishq had received approval from the Director General of Foreign Trade (DGFT) to directly import gold – which would prove to be margin accretive given the lower tax outgo. However, recent RBI norms limit the maximum lease period to 90 days under this route. Further, from what we understand, Gold procurement even through MMTC domestically is also to be capped at a lease period of 90 days. We believe the regulations could impact Titan’s working capital and/or increase the administrative burden on the company as it complies with them.

After a tepid 1HFY13, management (more…)

News & Views

Baskin Robins now has competition from Italian Milano Ice-Creams

Milano Ice-Creams IndiaItalian Ice-Cream Retailer Milano rolled out its operations in India from southern city of Kochi. Sara Calderoni chose Kochi over Mumbai or New Delhi because of her familiarity with the city and her past business experience locally which tells her that citizens welcome new brands.

Milano is home-made, Fresh, 100% Vegetarian and Organic Ice-Cream. The ice cream producing unit and the display console are imported from Italy. Certain ingredients are (more…)

News & Views

Virtuous Retail sponsors Best British Luxury Brand Overseas WalPole Award

Virtuous Retail, an institutionally owned developer-operator of community-oriented premium Lifestyle Shopping Centres in India’s top cities sponsored the Best British Luxury Brand Overseas Award at the 2012 Walpole Awards for Excellence held at London recently. This is the first time that any Indian company has sponsored this category at Walpole.

Jaguar was announced the winner in the Best British Luxury Brand Overseas category. The category shortlist (more…)

News & Views

MultiBrand Watch Retailer Helios to Focus on Tier-2 Cities

Multibrand Watch Retailer Helios from Titan with 25 International Brands under its roof is planning to expand to all Tier-II cities in India. You maybe aware that Tier-II and some Tier-III city consumers are shopping for premium watches online as they don’t have a store to shop-in at.

Helios has been in business in India for (more…)

1 … 5 6 7 8 9 … 102