IndiaRetailBiz

“We have been pleasantly surprised by the phenomenal response we have received from customers during the past week.”
“In the midst of an inflationary scenario, crossing the Rs 1bn turnover mark on a single day has reassured our belief that our retail operations are able to provide the best value to Indian […]

Roopa Purushothaman and Rajesh Shukla, the celebrated co-authors of Goldman Sachs’ famous BRIC report, which in 2003 had predicted that by 2050 Brazil, Russia, India, and China put together will have larger economies in US$ terms than the G-6, consisting of the U.S., Germany, Japan, the U.K., France and Italy have collaborated again to […]

Cafe Coffee Day (CCD), India’s largest chain of coffee shops, is undergoing a massive immage makeover. The retail chain, according to an ET report, has appointed Landor — the US-based leading international brand consulting firm– to revamp the brand and it to the NEXT level.
Landor Associates, which operates through 24 offices […]

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 […]

Alarmed with entry of the corporate sector in the retail of pharmaceuticals, the Chemists and Druggists Association of Krishna District in Andhra Pradesh, has sough immediate intervention of the concerned authorities to check the dangerous trend of playing havoc with the public health system.
The Association represented by its president V […]

The mere mention of the word “Shrinkage” is sufficient to send shivers down the spine of retailers.
No amount of control measures like surveillance systems (CCTV,etc), scanning systems (scanning of articles, etc) and security systems (deployment of security guards, etc), have been of help in reducing the amount of shrinkage.
Sam Walton, the legendary founder of […]

‘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 […]

Vishal Retail, the apparel, FMCG and home products discount retailer, which raised capital from public for its expansion through a highly successful IPO in June, 2007, has posted excellent performance on almost all sales, financial, and other growth parameters, far exceeding the targets set in the offer document.
Vishal to begin with has not only […]

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 […]