IndiaRetailBiz

Yesterday, we reported about Union Commerce & Industry minister Anand Sharma’s clarification to the effect that confusion (arising out of the publication of Press Notes no 2, 3, & 4 by the government) on admissibility of foreign investment in multi-brand retail was unwarranted as the government has not made any changes in [...]

Reflexis Systems Inc., a Massachusetts (US)-based retail execution management system implementation company, which boasts of many among Top 250 global retailers as its customers, has implemented Reflexis Task Manager and StoreWalk in 13 weeks at Pantaloon Retail (I) Ltd– the largest muti-products, multi-format, listed retailer of India.
“By implementing Reflexis, we have already seen [...]

After Apple, it’s now the turn of global software behemoth Microsoft (2008 Sales: $60 billion) to set up a chain of Microsoft retail stores.
David Porter, who has worked for over 25 years with the world’s largest retailer Walmart in the areas of infotech and merchandising, has been entrusted with the task of preparing [...]

After successful introduction of cardless payments through mobile phones, it may now be the turn of rewards/ loyalty cards to go mobile! The service could help shoppers to save the trouble (and ofcourse the weight) of carrying numerous reward cards of different retailers in their pockets. 
Japan’s largest telecom service provider NTT and three large Japanese [...]

Shoppers Stop Limited, among the country’s largest department store format retailers, With more than 10 million customers, close to 2 million square feet of retail space and 250 brands of garments and accessories, has selected the Netezza data warehouse appliance to provide faster and more comprehensive sales data analytics for its expanding retail operations across [...]

“There is a slight difference between your Pentium chip and my Pentium chip, even if they were produced next to each other in the fab.” — Vivek Khandelwal, Director of Marketing, Verayo.
Verayo, a California-based technology startup, has launched a new class of RFID chips that claims to provide next generation of brand protection and [...]

Domino’s new service is not about technology, it is about what it likes to call as “precision marketing.” We are going to hear a lot about this, or similarly sounding terms, in the coming years, as customisation of orders is going to become the “mantra” of the “future of marketing.”

The [...]

The US$81 billion, European retail giant, Germany-based, Metro Group, has announced going into full-fledged RFID deployment. “The efficiencies the chain saw in trials was too compelling to not deploy,” said a senior executive justifying the move.
“We are moving RFID out of the innovation labs and into working retail stores,” said Dr. Gerd [...]

Close on heels of Reliance investing Rs.1,000 crore on technology, comes the news of the Kishore Biyani owned Future Group outsourcing its information technology infrastructure to Cisco and IBM, reports Business Standard. This would entail an outlay, over the next three years, of Rs. 400 crore.
Apart from ensuring critical flow of information, [...]

Reliance, which made heavy investments in 2003 in technology to tightly monitor and control the supply, delivery and dispensation of fuel products throgh its network of petrol pumps, is looking at extending the good experience to its retail venture. Reliance is considering an investment of at least Rs. 1,000 crore in [...]