IndiaRetailBiz

“Our strategy is to cut costs by growing aggressively and increasing productivity.” — R Subramanian, Promoter and Managing Director, Subhiksha Trading Services

R Subramanian, Promoter and Managing Director, Subhiksha Trading Services, is unfazed with the growing inflation as his no-frills, food & grocery discount convenience retail chain continues to acquire new customers. [...]

Videocon Retail, a part of Venugopal Dhoot-led Videocon group, is investing Rs 800 crore in the next three years to undertake massive expansion of its ‘Next’ and ‘Planet M’ retail chains.
Next, the electrical and electronic durables chain of the group, which competes with the likes of Croma (Tatas), Reliance Digital (Ambanis), and [...]

Woolworths, the Australia-based multi-format value retailer, which provides buying, wholesale, supply chain and general consulting services to Croma — a Tata group owned retail chain of 22 stores for durables, electronics and IT products in India, could easily move into food and grocery retailing in India, says a Fairfax report .Woolworths, an [...]

Thanks to booming economy and booming retail sector, third party logistics (3PL), is also booming. The pace of the sector is bound to receive further boost after Goods & Services Tax (G&ST) regime is introduced across the country. This will allow for free movement of goods from one place to another based [...]

“Food gets in the traffic, it gets the topline, the revenues, it doesn’t get the bottomline. Fashion and home get you the bottomline so you need to sell a whole lot of food but you also need to sell a whole lot of fashion and home.” — Samar Sheikhawat, Vice President, Marketing, [...]

“There is a huge opportunity in spectacles retailing as 30% of the population in the country is using spectacles for vision correction.” –  Bhaskar Bhat, Managing Director, Titan Industries Limited (A Tata Group Company).

Titan Industries, the country’s largest maker and retailer of watches (Titan) and jewellery (Tanishq), has announced the national launch of [...]

Having already rolled out five stores each of ’iStores’ and Reliance ‘Digital’ stores in India, Reliance Retail, the retail arm of Mukesh Ambani-led Reliance Group, is accelerating the pace of their opening in India.
Currently, Reliance operates iStores at Bangalore, Hyderabad, Mumbai and Jaipur and Ludhiana, and Reliance Digital stores at Hyderabad, Bangalore, Mumbai, Gurgaon [...]

It was waiting to happen!
After vadapao and paan taking the retail chain route, it is now the turn of “gol-gappas,” “pani-puris” or “puchkis” to also go the retail way.
Ahmedabad-based Aravind group, which markets packaged water under the brand name of “bac-free,” has decided to foray into quick food business. The group, according to a [...]

“… we are focusing on the southern part of India, mainly in Bangalore, Hyderabad and Chennai, to open this bakery café chain. Later, the company would go for expansion in the northern parts of the country, followed by the eastern and western states.”
“Bangalore will be a better place for us to start [...]

“Music World currently contributes 90% to the division’s revenues. With the expansion of Books and Beyond, we expect the proportion to change from next year.” — K Dasaratharaman, President (Speciality Retail Business Division).

RPG Enterprises, which besides operating Spencer’s Retail, is also managing two speciality chains called ‘Books & Beyond’ and ‘Music [...]