IndiaRetailBiz

“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 […]

“They (Pantaloon) are luring my customers by using my name in an unfair manner.” — Sandeep Mittal, Legal Counsel representing Shoppers’ Stop & Lifestyle.
“It was a pure marketing initiative. Why so much fuss about it? ustomers own multiple loyalty cards but they still have the right to choose wherever they want […]

“… with high input cost pressures is gnawing at margins, the only way to survive in retail industry is though scale.”
“The best way to drive the costs down is to open more stores quickly. Till now we had been able to absorb the pressure of rising raw material and staff costs, but […]

“We believe that there is a huge business potential in Tier II and III markets. Consumers in these cities are well informed about the latest trends and are willing to spend… We aim to reach out to them and give them a world class shopping experience at affordable prices.” — Neeti Chopra, […]

Hemu Ramaiah, the original promoter of Landmark, the country’s pioneering books, music, and leisure products retail chain, has decided to sell her minority stake in the of 24% to its current owner majority Trent Limited, one of the Tata group’s two pure retail initiatives.
Founded in 1987 with maiden store in Nungambakkam […]

Titan Industries, a Tata group watch and jewellery major, which recently forayed into prescription eyewear retailing business under the brand name of Titan Eye+, after a sluggish start has begun gathering steam.
Titan Eye+, according to agency reports, launched its new eye care products store at Kozhikode on Monday. This is Titan’s […]

“Croma’s margins are increasing due to increasing sales volume. Our main target consumers are families, which buy items like washing machines, microwaves, television and such other items.” Ajit Joshi, CEO and Managing Director, Infiniti Retail (owner of Croma)
‘Croma’– the Tata group owned retail chain of consumer durable and electronic products, will […]

Buoyed by excellent respose to its foray into prescription eyewear market, Tata group controlled Titan Industries, is looking at expanding the network of its Titan Eye+ speciality retail chain.
The country’s watch giant Titan, which is currently operating seven Titan Eye+ store across four cities (Bangalore-4, Chennai-1, Hyderabad-1 and Nagpur-1), is planning […]

“We want to make retail a large business for Tata Tea — it has that potential and the FMCG market is large,” Sangeeta Talwar, Executive Director, Tata Tea.

Tata group, which has already made significant inroads in the retail sector of the country, through a number of retail chains under various group […]

Tanishq, the leading jewellery brand of the country, owned by Titan Industries, a part of the Tata group, is going aggressive with its retail plans in the coming year.
Tanishq, which garnered sales turnover of Rs. 591 crore during the quarter ending 31st December, 2007, is well on its way to achieve revenue growth […]