IndiaRetailBiz

“The low penetration levels of organised retail in
India and the fact that the market size is set to grow at a frenetic pace provide a huge potential for retailers to tap a highly unexplored market.” FICCI-Ernst and Young report.
Organised (modern) retail in India, though nascent, is growing at a fast pace, thanks to second highest rate […]

Almost twice as many American shoppers, surveyed by America’s Research Group, during the first weekend of December, at Wal-Mart indicated preference for sports goods this Christmas than in the previous year (11.3% vs. 5.7%). Similar was the case for electronic goods as 32% shoppers preferred them over 20% last year.
The trend […]

“This shopping season in the U.S. is off to a robust start as consumers shrug off worries about high fuel prices and weak housing.”
Close on heels of maddening rush of American shoppers in deep discount retail stores on “Black Friday,” comes the news of a record “online” spend of $733 million (21% […]

The first Friday after Thanksgiving has been named so because retailers move into the black from this day of the year. It marks the beginning of holiday shopping seasons and accounts for as much as 5% to 8% of Christmas sales, in the U.S.
Black Friday, began on a happy note for retailers […]

Retailers are using flagship stores in prestige locations to leverage the value of their brands — they are not just attracting local shoppers but shoppers from around the world; whose reason to travel is quite often to shop” –John Strachan, Global Head, Retail, Cushman & Wakefield.
Khan Market of Delhi is in top spot again! It […]

The gross retail trade, both organised and unorganised, currently pegged at US$284 billion is expected to more than double to US$600 billion in the next eight years by 2015, reports PTI.
The impending growth, among others, would be driven by growing young population, migration to urban areas and easy access to credit. This […]

Indian consumers, a vast majority of whom see bright future on jobs, personal finances, and economy, with the index score of 135 (global average:97) have topped on the Nielsen’s “Global Consumer Confidence Index.” India has topped fifth time in a row on this index.
The Global Consumer Confidence survey is conducted every six months […]

Most global luxury brands like Louis Vuitton, Hermes, Jean Paul Gaultier and Gucci, Tag Heur, Espirit, Armani, Gabbana, Escada, Dunhill are betting big on India. This was evident from the views expressed by the premium luxury goods retailers during the conference on the subject held a few months ago at New Delhi by the HT-Mint. […]

India, on strength of its robust 25 to 30% growth in modern retail formats last year, as opposed to 13% for both China and Russia, has emerged as the most attractive retail investment destination on Global Retail Development Index (GRDI) 2007. This is India’s third consecutive top ranking on the index.
While, India […]

Subhiksha has scored again. Its prices for a basket of vegetables are cheapest among those offered by leading retail chains in Ahmedabad. This time, we conducted our price survey in Western parts of Ahmedabad, which has retail outlets of almost all the leading retail chains are located.
While, analysts expect modern retail to offer price benefit […]