IndiaRetailBiz

International retailers heve voted India as one of the most attractive and exciting retail destinations in the world.
By 2020, India will be become the country with most young people in the world. Add to this the advantages of rapid urbanization, growing number of double income families, increasing westernization of consumer behaviour, among others, and you have […]

A number of ‘modern retail brands,’ all of which are quite young in terms of either their launch or geographical spread, have begun catching imagination of Indian consumers. They have entered the prestigious listing under ’services’ category this year of the “Most Trusted Brands” list of the Economic Times.
In the next few […]

‘India has enjoyed (being at) the peak of the Index for the past few years, mainly due to the steep and consistent rise in the income levels of Indian consumers, but going forward, its inability to open up the FDI regulations for foreign retailers will affect the industry’s competitiveness more than ever […]

Indian Council for Research on International Economic Relations (ICRIER), which at behest of the union government, in February, 2007, undertook a study to assess the impact of organised retail (modern, big) on livelihood security of traditional small traders (kirana stores) has after several extensions of time has completed its report.
Conclusions and […]

Following are some of the excerpts of the views expressed by top honchos of leading global luxury brands at the recently concluded Mint Hindustan Times Luxury Conference 2008. Besides galaxy of world luxury brand leaders, the second annual conference organised by the media house, also attracted participation of experts and aspiring Indian counterparts.

“Aspiration […]

AdEx India, a division of TV monitoring and rating agency TAM, has analysed the trends of Adverting on TV by the Retail sector in 2007.
The key findings of the Agency, which are based on secondages consumed (as published by www.indiantelevision.com) are listed as under:

TV advertising for Retail sector in 2007, in terms secondages used, registered […]

“Factors such as entry of new brands, availability of a wide range of products, and the new-age shopping experience are slowly pulling consumers towards the modern supermarkets,” — Sushmita Balasubramaniam, Head- Knowledge Company, Technopak.
While 85% of consumers continue to patronise small grocers (Kirana shops), a significant 15% have already begun buying […]

“Retailers will once again be forced to market to more practical consumers, many of whom will be looking to trade down. Even areas of past high growth like luxury goods and online shopping will feel the pressure.” — Rosalind Wells, Chief Economist, NRF.

The National Retail Federation (NRF) has predicted an increase […]

The retail boom is expected to continue in the coming years. In 2008, retail sales in India could top one billion dollars a day ($365 billion/year) according to  study released by Associated Chambers of Commerce and Industry of India (ASSOCHAM)– an organisation lobbying interests of industry and trade in India.
The retail trade is expected […]

Though politicians are fighting pitched battles in the name of protecting livelihood security of small traders and street vendors, a large number of consumers favour organised retail over traditional kirana (mom n pop) stores, according to findings of a ICRIER (Indian Council for Research on International Economic Relations). ICRIER was appointed […]