IndiaRetailBiz

“There is no reason why we cannot be on par with the MNC companies and grow even larger than them with our brands.” –Kishore Biyani, Founder and CEO, Future group.

Kishore Biyani, the Rajah of Retail in India, has always harboured dreams of creating strong portfolio of consumer brands by leveraging on his group’s strength in […]

Worsening economic situation is forcing retailing companies to revisit their growth strategies.
The new mantra of growth, tried and successfully tested by many retailers worldwide, appears to be increasing the share of private labels in overall sales. While, on the one hand, one is able to offer these goods at 10 to 20 per […]

“Everybody has to readjust the pace and speed with which they are growing.” said R Subramanian, Founder and Managing Director of Subhiksha Retail, while talking about the current scenario of resource crunch. He was responding to a question asked by a reporter who was conducting his interview for BS.
Brushing aside the question regarding stake […]

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 […]

Are changing times forcing Wal-Mart– the world’s largest retailer– to change its expansion strategy, or is it the Tesco’s success with its recently launched small sized supermarket stores chain in the US called ‘Fresh & Easy’ that has made most discount retailers to rethink about store-size strategy for their food and grocery stores in the […]

“Eight out of 10 products launched in the United States are destined to fail.”
“Roughly 21,000 new brands are introduced worldwide per year, yet history tells us that more than 90% of them are gone from the shelf a year later.”— Martin Lindstrom, Marketing Guru. Chairman-CEO, Lindstrom Co.

Martin Lindstrom, after a three-year long, $7 million neuromarketing study, […]

After the dying out of initial euphoria surrounding retail in 2007, most of the large retailers have begun to revisit their retail strategies.
Many of them have not only put their growth plans on hold, they have begun to review their unviable operations. More importantly, in the evolving circumstances, they have also begun to rethink about their organisation […]

Vishal Retail, a Delhi-based  value retail chain of megamarts, which has recently forayed into small format retail as well, is looking at various options to raise Rs 200 crore to fuel its growth plans.
The company has last month opened its first franchise-based small format retail store at Indore. It plans to eventually expand this […]

“As the Indian consumer goes all out to seek new experiences from food and wine, installs an in-home spa and holidays in exotic destinations, modern retail is well on the way to being the key driver of the Indian economy over the next decade because India’s consumer demand is simply unstoppable.” […]

“Driving consumption across categories is essential. We need to grow the basket-size per customer.” — Peter Haden, Partner and Co-leader (Retail practice), McKinsey & Company.
Organised retail will touch $450-billion in size by 2015. Its share will expand from current 5 per cent to 14-18 per cent of the total market, says latest […]