IndiaRetailBiz

While, The Economic Survey (2007-08) released on Thursday by P. Chidambaram, Union Minister of Finance, among others, has recommended allowing 100% foreign equity in specialised retail chains like luxury brands, consumer durables and semi durables, it is doubtful that the government would be able to take any concrete action on the proposal, given the […]

Its an interesting tug of war between what it desires and what it can realistically do! Yeas, we are talking about allowing FDI in retail. Earlier, the government was desirous of allowing FDI in retail, which was shelved after strong protests from interested lobbies.
Earlier, the government was keen to allow FDI in […]

P C Chidambram, Union Minister of Finance, will be presenting the 2008-09 budget tomorrow on 29th February, 2008. While, most analyst believe that, being the last full budget of the UPA government, it would be a populist budget, it is to be seen as to how it would help consumers. The retail sector also has […]

Marks & Spencer (M&S), the iconic UK-based retailer of fashion, food, travel, and electronic products, which at one time was probably the most well-known international retailing brand among Indiansis close to signing a joint venture deal with Mukesh Ambani owned Reliance Retail, a part of the country’s most valued Reliance Industries Limited.
The […]

Having already launched 132 showrooms across the country, for battery-operated (electric) two-wheelers, Hero Ultra- is ready to open another 43 by March, 2008. This will take the tally of showrooms to 175.
Hero Ultra is a Joint Venture between Munjals owned Hero Cycles and  Ultra Motor Company of the UK.
Battery operated two-wheelers are […]

“We will have franchisees in every format, except hypermarket and Reliance Fresh.”
“We would capitalise on the traditional retailers’ capabilities.”
“The difficulty in locating land, negotiating a good deal and then the time taken to conclude a deal are the most significant challenges for our business.”
– Bijou Kurien, CEO, Reliance Retail Lifestyle.

In a major […]

“Inclusive marketing looks at poor as both the producer and consumer.”– Pradeep Kashyap, CEO, MART.
“Inclusive Marketing is characterized by development at all levels of the society and is important for the uniform growth,” — Rama Bijapurkar, a well-known author and marketing expert.
“Inclusive marketing will be required to develop a vision ensuring a […]

“Factors such as entry of new brands, availability of a wide range of products, and the new-age shopping experience are slowly pulling consumers towards the modern supermarkets,” — Sushmita Balasubramaniam, Head- Knowledge Company, Technopak.
While 85% of consumers continue to patronise small grocers (Kirana shops), a significant 15% have already begun buying […]

Wal-Mart, the U.S.-based world’s largest retailer, which has tied up with the country’s telecom giant Bharti Enterprises, for its retail foray into India is ready to unveil details of its retail plans in April, 2008.
“We will unveil the plan for the roll out, the number of stores and the brand among […]

Indian shoppers, who are waiting with bated breath to shop at Walmart stores in India, may not be in for much luck as the world’s largest retailer could in all likelihood decide not to use the Wal*Mart brand name for its front-end retail stores in the country.
Wal-Mart has tied up with the country’s telecom […]