Retail Mantra

The Future Axiom Mobile Handset vendors with 340 stores across India including the shop-in-shops have decided to push the Exit button and join hands with Essar Group’s The Mobilestore for a minority stake in the company.Furure Axiom sells about 35,000 (more…)

As we said in an article on the evolution of Retail sector in India, which has entered the consolidation phase, Raymond executives probably read our article and pushed the Go button for their restructuring.

Raymond wants to extend the (more…)

The Union Budget appears to have settled the ambiguity regarding service tax on rentals paid by retailers to mall developers. It has amended the definition of Renting of immovable property service to provide explicitly that (more…)

Home Solutions Retail (India) Limited (HSRIL) is a part of Kishore Biyani’s Future Group where 33% of the stake is held by Private Equity Investors. operates in Consumer Durables & Electronics (CDE), Home furnishings and services including design segments. Its key formats are Home Town, E‐zone, Home Bazaar, Furniture Bazaar and Electronics Bazaar. HSRIL has a total of 2.4mn sq ft of retail space, which include (more…)

U. V. Retail is presenting Groceryshop.in – first of its kind Online Supermarket in India. Currently this service is available only in Mumbai. It is a venture promoted by Davinder Goyal.

Prices are very much competitive with other supermarkets. It requires (more…)

The quest for the ideal location and the right format is what every retailer always strives for, irrespective of trying times. We would like to present to you an except of the comparison study of Malls Vs Main Street Vs Local Markets in the Indian Retail.

Retailing in Malls – Shopping malls are attractive for various cultural and promotional events and as a hang out destination among the younger generations. They scored High on Convenience, Comfort and ease of Shopping. However, retailers felt that stores operating from malls faced high rentals in addition to establishment and maintenance costs. Also the conversion of footfalls in such stores (more…)

Organised retail in India, today holds only a fraction (6%) of the market share potential in India. It has risen from ZERO to 6% in a very short period mainly on Volumes and not a value-driven growth. The Bazaar shopping concept has retained its identity and character while the modern-day shopping structures represent an inspired fusion of main street shopping along with community centric activity. Today we are re-visting the Origin and History of Organized retailing in India.

The emergence of organised retail in India dates back to the pre-independence era when the country’s established business houses, mostly textile majors, ventured into the retail arena through company-owned or franchisee outlets. There were also exclusive tailoring shops, that ultimately expanded their span of operations to become (more…)