IndiaRetailBiz

India’s organised retail industry is set to explode. It is growing at a faster pace than was expected and could costitute 25% of the overall retail serctor by 2011 in India. This has been concluded by a study on retail sector prepared by Deloitte Haskins and Sells– one of the four largest accounting firms in […]

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 […]

‘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 […]

Wal-Mart, the Bentonville (Arkansas)-based world’s largest retailer, despite sluggish consumer spending forecasts in the face of difficult world economy, continued to maintain its top ranking in the coveted list of Fortune-500 companies of America.
It is noteworthy that Wal-Mart, thanks to its policy of 20%-odd cut in prices of toys and electronic […]

“Rising interest and growing expansion into emerging markets globally is being fuelled by rapid growth in consumer spending and the ‘emerging middle class’ in many of these countries. We believe India will maintain its position as a popular new location for retail expansion as further trade restrictions are lifted.” — Peter […]

“The number of outlets that the brands (like Gucci, Calvin Klein, Diesel, Christian Dior, Fendi, and DKNY) have opened up in the country in recent times is a testimony in itself of the increasing fashion consciousness amongst Indians.” — Vatsala Pant, Associate Director, Client Solutions, The Nielsen Company.

Fruits of rapid increase […]

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 […]

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 […]