Trent + Inditex to Bring Zara Stores into India
Trent Ltd, the retail arm of the Tata Group has entered into a MOU with the Inditex Group to develop and promote Zara stores in India. Inditex is one of world’s biggest fashion retailer from Spain. As (more…)
Shoppers Stop – Performance Review
We review the performance of Shoppers Stop departmental store chain. At the end of 2008, Shoppers Stop had presence in 12 Indian cities with the following store layout and count.
-Shoppers’ Stop 26
-Home Stop 4
-Mother Care 21 [12]
-Mac & Clinique 7
-Estee Lauder 1
-F&B Outlet 27 [14]
-Airport (more…)
BestPrice Modern Wholesale – Cash-n-Carry from Bharti WalMart
The Cash and Carry business of Bharti Walmart will function under the brand name BestPrice Modern Wholesale [quite a long name]. The first store will open for business in Punjab and registration for store membership has already began. Mr. Raj Jain, MD of Bharti Wal-Mart Retail said,
After careful (more…)
Hypercity Argos Catalog Business – Bust ?
If news reports are to be believed, then Gateway Multichannel Retail (India), a joint venture of Hypercity Retail (India) and Shopper’s Stop, is expected to wind up and discontinue its catalogue retail operations under the Hypercity-Argos brand.
Gateway Retail operates catalogue, stores and internet (more…)
Slowdown – Vishal Retail Closes Mulund + Jodhpur Store
Economic slowdown is always known to happen but the timing is always a surprise to managements of companies. Slowdown in the context of retailers means managements moving towards more sensible methods of acquiring customers.
Last Sunday we had reviewed (more…)
Urban 10 Kidswear talks to Central Mall + Landmark
Urban 10 – kidswear brand owned by United Retail India is in talks with Future Group’s Central Mall and Dubai based Landmark group to expand (more…)Kaya Skin Clinic + Kaya Life – Performance Review and Outlook
We bring to you the highlights of the performance of Kaya Life and Skin Clinic, subsidiaries of Marico.
In line with its plan to open new clinics in existing cities, Kaya Skin Clinic added 6 new clinics in Mumbai, Delhi, Hyderabad and Chennai during the quarter. As of December ’08 Kaya Skin Clinic offers its skin care (more…)
Vishal Retail Megamart – Q3 Performance Review
Q3 FY09 is the first quarter when Indian businesses were influenced by the slowdown, despite the festival season. We now review the performance Vishal Retail – Megamart.
The company saw significant reduction in winter apparel sales witnessed during the quarter led by poor winter season in North India; which has resulted in an overall decline of 12-15% in the sales of the company. The app areal sales fell from 57% in Q2 to 54% in Q3 of overall sales.
Impact of seasonality coupled with low consumer (more…)