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Entries from January 2007

Reliance Retail opens 9 ‘Fresh’ stores in NCR; targets 1 trillion in revenues

January 29th, 2007 · No Comments

Reliance Retail juggernaut moved into National Capital region (NCR) today with the opening of nine ‘Fresh’ stores in Noida, Greater Noida, Gurgaon, Ghaziabad and Faridabad. NCR is one of the economically fastest growing geographical regions of the country. Within the next three months, Reliance wants to take the tally of these ‘Fresh’ stores to 100 [...]

Tags: Mukesh Ambani (Reliance)

Shopper’s Stop Q3 grows 29% in revenues, 27% in operating profits

January 29th, 2007 · No Comments

Shoppers’ Stop, the K Raheja owned, second biggest listed retailer in the country, has announced increase of 29% in Q3 gross revenues, up 59 crore from Rs. 204 crore to 263 crore, and of 16% in Q3 net profits, up 2 crore, from Rs. 12 crore to Rs. 14 crore, according to the quarterly financial [...]

Tags: Results (Sales/ Financial) · Shoppers' Stop/ HyperCity

Pantaloon adds 8 lakh sq ft in Q3, sales jump by 60%

January 29th, 2007 · No Comments

While, Q3 sales of Pantaloon Retail (India), the Kishore Biyani owned, biggest listed retailing company of India, jumped 60 per cent from Rs. 472 crore to Rs. 752 crore, the net profit increased from 18.6 crore to Rs. 43.9 crore against the same quarter of the previous year. However, net profit was inclusive of exceptional income of Rs. 18 crore [...]

Tags: Kishore Biyani (Future Group)

Reliance juggernaut gaining momentum

January 29th, 2007 · No Comments

The Rs. 25,000 crore, Reliance Retail juggernaut has begun gaining momentum.
Reliance, which began its journey in retail with the opening of a cluster of Reliance ‘Fresh’ neighbourhood convenience stores in the state capital cities of Hyderabad and Jaipur, has opened 12 Fresh stores in Chennai on 24th January and has now begun moving to [...]

Tags: Mukesh Ambani (Reliance)

3 days of Maha Savings on something Vs. 365 days of savings on everything

January 29th, 2007 · No Comments

This had to happen one day. And, well this has happened, sooner than expected. Retail sector like its FMCG counterpart, has begun witnessing media wars, albeit on a smaller scale.
We have earlier reported about the 3 day “Maha Savings” offer in which all 43 Big Bazaar format of hypermarket stores, owned by Pantaloon Retail, across [...]

Tags: Advertising, Promotions, Pricing, PR · Subhiksha (Subramanian )

Ambani turf wars may extend to retail

January 28th, 2007 · No Comments

Organised retail, if buzz in the pink media is to be believed, may be gearing itself up to witness a bitter fights between Ambani siblings.
After signing of the partnership agreement between Wal-Mart, the US-based, biggest retailerof the world and India’s biggest private telecom player Bharti, it seems that that Anil Ambani, the younger sibling of [...]

Tags: Mukesh Ambani (Reliance)

Big Bazaars gearing up for 3 days of “Maha Savings Offer”

January 26th, 2007 · No Comments

Do you recall the Republic Day, last year, when Police had to rushed in to restore order following a stampede caused by a large number of customers who had come to take advantage of the “Maha Savings” Offer. Big Bazaar is the hypermarket retail format of the Kishore Biyani owned India’s biggest retailer Pantaloon. In Mumbai, even medical help had to be [...]

Tags: Kishore Biyani (Future Group)

The business of Brands

January 26th, 2007 · No Comments

What are the basic ingredients that make a brand tick and help it become a Superbrand?
Well, a combination of elements are responsible for making a Brand, what it is. Following is a list of important elements.

The Name: The name by which a Company or its products are known.
The Logo: The symbol which represents a [...]

Tags: Brands/ Strategy

Titan to retail prescription eyewear

January 25th, 2007 · No Comments

Titan, the biggest Indian watch and jewellery retailer, which also sells “Fastrack” range of sunglasses and frames has decided to enter the prescription eyewear retail market.
Mr. Bhaskar Bhat, Managing Director, Titan Industries, disclosed this while talking on the sidelines of a seminar on advertising organised by the Advertising Club Madras, in Chennai.
Initial introduction of the [...]

Tags: Retail

Carrefour seeking Indian partner?

January 25th, 2007 · No Comments

Jose Luis Duran, Chairman and CEO, Carrefour, the France-based, US$ 177 billion, second biggest retailer of the world, is currently on a visit to India. He is meeting high ranking government officials including Kamal Nath, the Union Minister of Commerce & Industries and senior secretaries, to understand the government’s present policy framework and [...]

Tags: Uncategorized

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