Retail Mantra

The Indian retail market, is the fifth largest retail destination globally, it has been ranked second after Vietnam as the most attractive emerging market for investment.

With deteriorating macro economic conditions in India, the retail sector is one of the worst (more…)

What are the facts about the Current Slowdown with respect to retailers ? Here is the outcome from a recently conducted survey by KPMG about Retail Sector’s Facts.

• Confidence of 53% of the retailers is shaken with an additional 7% exhibiting low and uncertainty. However, 40% are confident to sail through the tide.
• 70% of the store managers admitted to falling footfalls. They are trying their best to combat (more…)

RPG Retail owners of Spencers is all set to enter the standalone Lifestyle Retailing segment by opening American Lifestyle Brand stores in India – Beverly Hills Polo Club [BHPC]. The company plans to setup five BHPC stores all in the Delhi NCR region and then move to other metros.

BHPC branded merchandise is already (more…)

Trutek, owners of Nitara Furniture Brand is all set to plunge into testing the White Goods Retail Market under the brand name Nitara Home. The company has taken a strategic decision to start from the bottom (more…)

Yesterday, we covered the Key Trends from Food Forum India – 2009. Today we will see the key challenges faced by Food and Grocery Retail Chains in India.

Retailers argued that the principal advantage of food and grocery shopping with organized retailers is the assurance of quality that is normally not the case with most of the kiranas and road-side vendors in India. Government & Retailers to work towards maintaining Food Quality at all points across the value chain. India currently is at a nascent stage where food quality and safety technology is concerned (more…)

Our analyst attended the Food Forum India 2009 and here are the key takeaways from the forum.

Growth to be fueled by Small Wallets – India’s Retail Sector will witness the best period between 2009-14 when the industry will continue to grow, and consolidation would set in with most of the top global retailers having a presence in India. India currently is the fourth largest economy on Purchasing Power Parity terms and is all set to become the third largest by 2013, leaving Japan behind. It is expected that there will be around 300 million middle class consumers in India by 2013 propelling growth of the Organized Food Retail (more…)

In just over two years, Reliance Retail, Reliance Industries’ retail subsidiary, has emerged as India’s 2nd largest retailer with retail space of 4.2m sf (Pantaloon consolidated 10.5m sf).

Its equity capital as on Mar-08 was (more…)

Now don’t you all know about HMV or heard about it in India ? Yes that’s correct, HMV in partnership with RPG group are into the music industry – Saregama for quite few decades. However, the RPG group (more…)