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Entries Tagged as 'Value Products'

Subhiksha stops selling fruits and vegetables, says it’s an ‘add-on’ business

November 11th, 2008 · 6 Comments

Subhiksha, the country’s largest food, grocery, and pharmacy retail chain, according to R.Subramanian, its Chairman and Promoter, has stopped selling fresh foods like fruits and vegetables from its stores.
This move, according to Subramanian, is a specific market strategy initiative of of the company.
Subhiksha’s fruits and vegetables business is an “add-on” business for its core […]

Tags: Value/ Discount Store · Indian · Value Products · Downsizing/ Closure · Fresh Foods · Convenience Store · Retail Strategy · Brands/ Strategy · Subramanian (Subhiksha) · Supermarkets · Retail Trends

Biyani celebrates Diwali with 87 percent increase in ‘value’ sales

November 10th, 2008 · 1 Comment

“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 […]

Tags: Value/ Discount Store · Consumer Electronics/ Home Appliances · Indian · FMCG · Lifestyle · Value Products · Home Improvement · General Merchandise · Economy · Consumers/ Behaviour · Kishore Biyani (Future Group) · Food & Grocery · Fashion and Apparel · Retail Trends

Tatas enter mid-price fashion segment; launch ‘Fashion Yatra’

October 22nd, 2008 · No Comments

“The strength of Trent lies in being able to provide our customers garments that suit their specific needs. Fashion Yatra is our latest venture to provide customers in Kalyan really fashionable choices at great prices.” — Simone Tata, Chairman Emeritus, Trent Limited.

Trent Ltd, one of the two retail arms of Tata group […]

Tags: Indian · Value Products · Value/ Discount Store · Accessories · Specialty/ Concept stores · Apparel · Tatas (Westside/Croma/Landmark/Teisco/Other)

Wal-Mart fails to make profit in China! Keeps loosing on sales ranking, year after year

October 19th, 2008 · No Comments

After closing down its operations in South Korea and Germany, and downsizing operations in Japan, Wal-Mart — the world’s largest retailer– is finding the going to be tough in mainland China as well. Not only, the giant retailer has failed to make profits in its 12 years long existence in the world’s […]

Tags: Value Products · International · MNC · General Merchandise · Bharti (Bharti Retail/ Bharti-Wal-Mart) · Retail Trends

Food Bazaar to sell non-vegetarian food from separate enclosures

September 19th, 2008 · No Comments

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 […]

Tags: Indian · Value Products · Expansion/ Investment/ Launch · Fresh Foods · Kishore Biyani (Future Group) · Consumers/ Behaviour

Tatas set to launch a new value apparel retail chain catering to low income customers

August 22nd, 2008 · No Comments

“We would be covering all the tier II and III cities and all the stores would be company owned.” — Trent Official.

While, Birlas are getting into super-premium, luxury fashion apparel and accessorie segment through a new retail venture under “The Collective” brand name, Trent Ltd, one of the two retailing arms […]

Tags: Indian · Value Products · Expansion/ Investment/ Launch · Accessories · Apparel · Tatas (Westside/Croma/Landmark/Teisco/Other)

‘Mahabachat’ offer records single day sales of over Rs 100 crore; draws 6 million footfalls in 5 days

August 19th, 2008 · No Comments

“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 […]

Tags: Hypermarket/ Supercentre · Indian · Value Products · Kishore Biyani (Future Group) · Retail Strategy · Advertising, Promotions, Pricing, PR · Consumers/ Behaviour · Retail Trends