IndiaRetailBiz

Consumers are returning to retail stores with a vengeance. Diwali, which this year was celebrated about a fortnight or so earlier than usual, brought cheer back to faces of harried retailers.
Compared to the boom year of 2007, which had seen a large number of serious and non-serious players entering the sector, the year 2008 turned [...]

Beating slowdown blues, this festive period appears to have brought a lot of smiles on faces of luxury goods retailers, particularly luxury car retailers in Gujarat.
The Dussehra day is turning out to be a bonanza time for retailers as Gujaratis, who prefer to buy vehicles, houses, and other expensive durables on this auspicious day, are [...]

Safal, a retail chain of fresh, processed, and frozen foods products, operating over 400 stores across different localies of NCR (in and around Delhi) has hit upon a successful business opportunity of setting up open-air stalls that cater to daily requirents of fruits and vegetables local communies.
The temporary neighbourhood extension counters (stalls), which began opening [...]

Pantaloon Retail, India’s largest multi-format, multi-products, retailer operating across ‘value,’ ‘lifestyle,’ and ‘home retail’ segments is rejigging its ‘customer loyalty programme’ with a view to integrate similar programmes being individually offered by different retail chains. This, according to a mydigitalfc report, will help the group in gaining better understanding about buying behaviour of its [...]

Pantaloon Retail, the country’s largest multi-product, multi-segment, multi-format, listed retailer, part of Kishore Biyani-led Future Group, is expecting a good response to its 5-days long “Maha Bachat” shopping offer. The promotion is being offered across the country between 12th and 16th August, 2009, as part of 63rd Independence Day celebration.
While, the response may be slightly [...]

Aadhaar, the erstwhile rural retail venture of Godrej Agrovat, 70 per cent equity stake of which was last year bought over by Kishore Biyani-led Future group, apart from major expansion, according to a DNA report, may also undergo across the board image makeover and repositioning of the format soon.
Aadhaar Retailing after takeover of management control [...]

Doug McMillon, 42, CEO, Wal-Mart International, among the top ranking officials of the company, is on visit to India.
The world’s largest retailer and largest employer, which garners annual revenues of $404 billion and employee strength of 2.1 million persons worldwide, has set up a retail joint venture in India.
The Wal-mart’s  joint venture with Sunil Mittal-led Bharti Enterprises has already begun [...]

After Pizza Hut– one of the largest global retail chains of quick service restaurants– which taking into account sensitivities of its local customers, had opened its first “only vegetarian” outlet in Ahmedabad, it is now the turn of Barista Lavazza — the cafe chain owned by Italy’s Lavazza– to serve only vegetarian food in [...]

Concerned with alarming drop in sales of Gold in India- the world’s largest consumer market– the World Gold Council (WGC) has now drawn plans to bring the precious metal within the easy reach of even small consumers. The Council is planning to sale gold even at Call Centres and Saree Shops, among others, in [...]

Organised retail in India, which grew just 11 per cent in December 2008 compared to 34 per cent in December 2007, may continue to show a truncated rate of growth in sales of a mere 8 to 12 per cent through 2009 and beyond (middle of 2010). This would mean that the organised retail penetration, [...]