IndiaRetailBiz

The monthly retail sales figures in the US for October, 2008 are out and they are much lower than predicted earlier. October retail sales were 2.8 percent lower than in September this year. Analysts were predicting a decline of 2.1 percent, however, the fall is much more steeper than expected. In fact, this is the […]

“Consumers are spending more on value for money products. All categories in food and fashion are doing well. In fact, the same store growth of 50 per cent in value formats is a record increase for us.” — Kishore Biyani, CEO, Future Group.

While, the entire world is battling with unprecedented decline in […]

“Eight out of 10 products launched in the United States are destined to fail.”
“Roughly 21,000 new brands are introduced worldwide per year, yet history tells us that more than 90% of them are gone from the shelf a year later.”— Martin Lindstrom, Marketing Guru. Chairman-CEO, Lindstrom Co.

Martin Lindstrom, after a three-year long, $7 million neuromarketing study, […]

“Will I have enough to put on the table so my family can eat?” — Shopper’s concern.

Economic pain has begun to show.
In the US, where the impact of financial meltdown is most visible, shoppers have started to display disturbing changes in their buying habits, says a U S Today report.
Economic pain is […]

While, no one can predict the extent of adverse impact that global financial meltdown will have on retail sector, there is one retail category in India, which irrespective of the difficult economic environment, is growing at a much faster rate than expected.Yes, we are referring to the ever growing business of ‘luxury’ and ’super luxury’ […]

“As the Indian consumer goes all out to seek new experiences from food and wine, installs an in-home spa and holidays in exotic destinations, modern retail is well on the way to being the key driver of the Indian economy over the next decade because India’s consumer demand is simply unstoppable.” […]

Food Bazaar, the food supermarket chain of Kishore Biyani-led Future group, will begin to sell ‘fresh’ non-vegetarian food items like meat and fish. Until so far the chain in deference to sensitivities of its vegetarian customers had avoided selling non-veg food from its outlets.
Sadashiv Nayak, Chief Executive Officer, Food Bazaar, while talking […]

Rosebys, the UK’s largest home textiles retailer, which operates over 300 home furnishings stores across the United Kingdom, selling bedding, curtains, bathroom textiles, kidswear, kitchen products, and gifts, among others, has decided to expand its footprint beyond the UK.Apart from India, the company is planning to launch the Rosenbys brand in European and Asian […]

Around this time last year, ‘Modern’ Retail was buzzing with lot of excitement and euphoria surrounding the sector was highly visible. Even strident political opposition from political activists and unorganised sector was factored in by business leaders in the sector.
Every one connected with retail was anxious about imminent shortage of quality manpower. […]

“We have been pleasantly surprised by the phenomenal response we have received from customers during the past week.”
“In the midst of an inflationary scenario, crossing the Rs 1bn turnover mark on a single day has reassured our belief that our retail operations are able to provide the best value to Indian […]