IndiaRetailBiz

Since, present government policies on Foreign Direct Investment (FDI) in India do not allow majority investment in front-end retail operations for multi brand retail retail store chains, big retailers like Wal-Mart, Carrefour and Tesco are exploring feasibility of entering the retail sector through what are known as ‘Cash and Carry wholesale’ and other back-end operations […]

Even before the ink on Bharati-Wal-Mart joint venture agreement has dried up, business houses have started working overtime to draw plans to meet the imminent challenge.
Yesterday, we had talked about Kishore Biyani owned Future group scaling up its plans to open 100 Big Bazaars even before the first Bharati-Wal-Mart store became operational in the country […]

The Rs 425 crore Men’s wear specialist Koutons, which is slated to more than double their previous year’s turn over of Rs. 158 crore this year, is planning to repeat the feat by again doubling the turnover to around Rs. 1,000 crore in the next finanacial year (2007-08). To achieve this, Kouton, which currently has […]

As entry of the US$ 416 billion, global retail behemoth Wal-Mart in 2007 has become certain, after it recently tied up with the country’s biggest private telecom player Bharti Enterprises, it will not only change dynamics of the retail industry but it will also put the same on a stronger footing as it will […]

Wal-Mart, the $416 billion, “Always Low Prices” behemoth, is not only the world’s largest retailer but also the world’s largest company; bigger than ExxonMobil, General Motors, and General Electric. The scale is unbelievable. Wal-Mart in one quarter sells more than what its nearest retailing competitor the No.2 US retailer, Home Depot, sells in one year.
And, […]

Wal-Mart operates more than 6,500 stores in 15 countries.
Wal-Mart serve more than 25 million customers around the globe every day.
Wal-Mart saves an average American household around $200 every year.
Wal-Mart health-plans insure more than 1 million people. This makes Wal-Mart to be among the largest providers of health insurance in the U.S.
Wal-Mart employs 1.8 million associates […]

The secret of successful retailing is to give your customers what they want.
And really, if you think about it from your point of view as a customer, you want everything:

a wide assortment of good-quality merchandise;
the lowest possible prices;
guaranteed satisfaction with what you buy;
friendly, knowledgeable service;
convenient hours; free parking;
a pleasant shopping experience.

— Sam Walton, Founder Chairman, […]

Today’s announcement of the joint venture between telecom giant Bharati Enterprises and the world’s biggest retailer Wal-Mart, which was in the making for several months, can be marked as one of the momentous days for the retailing industry of India.
Not only, Bharati and Wal-Mart have found a smart way to get around the existing […]

“There is a tremendous scope for India’s retail growth.”
“There is enough space for six to eight big retail players in India.”
“Sunil is a dear friend. I will work with him to transform Indian retail industry.”
— Mukesh Ambani, Chairman, Reliance Industries Limited.

“This is a historical moment. This is a challenging moment. The market dynamics of the retail business is bound to change.”
— Kishore Biyani, CEO Future Group and Managing Director, Pantaloon Retail India Ltd.
“There are no surprises. It is imminent that the likes of Wal-Mart, Carrefour and Tesco will make entry in India. Next five years […]