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Fashion portals making changes as focus shifts to margins
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the article
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The stage is set for the next big fight in the online world as
new CEOs take the helm at the top fashion ecommerce companies
amid mounting challenges of getting customers to buy clothes and
accessories without deep discounting. (The Economic Times)
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Retail sector in Delhi has potential to grow up to three times
even though there is tough competition from the online segment.
(KNN Bureau)
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Delhi need specialised retail shopping areas
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the article
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Ecommerce, tech companies biggest lessors of office space
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the article
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Ecommerce companies and technology startups outpaced IT/ITeS
firms for the first time as the biggest office space taker in
the country in the first half of the year. (The Economic Times)
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Indias largest e-commerce firm, Flipkart, has launched
20 stores in 10 cities to let its customers collect the items
they ordered online at their convenience, mimicking similar moves
from Amazon.com Inc. (Mint)
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Flipkart launches 20 stores across India
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the article
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Walmart grows wholesale in India
Read
the article
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Two years after scrapping plans to open retail outlets across
the world's second-biggest consumer market, Wal-Mart is recommitting
to India as a wholesaler. In August, Wal-Mart will open its first
new Best Price Modern Wholesale store in India since 2012 as part
of a plan to expand from 20 stores to 70 within five years, company
executives say. (Los Angeles Times)
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Customers from tier-3 and tier-4 towns and beyond are growing
aspirational and on their shopping lists are products like microwave
ovens, dishwashers and high-tech smart phones. (Daily News
& Analysis - DNA)
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Rural Ecommerce in India
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the article
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Online retailers moving offline: will it work?
Read
the article
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In the past few years, a slew of pure-play e-tailing companies,
including Lenskart, Healthkart, Fabfurnish and Caratlane, among
others, have already or are in the process of opening physical
stores. Will this Online to Offline (O2O) model be an important
game-changer for the future of retailing in India? (Indiaretailing.com)
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Ultimately exceptional levels of service happens out of a delivery
boy/girls personal willingness to go beyond the call of
duty. (The Hindu-Businessline)
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The tail end of retail
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the article
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An Uphill Climb
Read
the article
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There are no shortcuts for mass-segment brands looking to go
premium. Here are a few handy rules of thumb. (Business Standard)
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Spanish fashion brand Zara has become the fastest brand to cross
the $100-million sales mark, five years after it opened its first
shop here. (The Economic Times)
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Zara fastest to US$100 mn mark in India
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the article
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Retailers Lobby Against 100 Per Cent FDI In Ecommerce
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the article
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Retailers fear that if e-commerce companies are allowed better
access to foreign capital, the level playing field between two
types of consumer services will be disturbed. (Businessworld)
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A delectable combination of rising disposable incomes, changing
lifestyles and a young populations growing penchant for
indulgence has transformed India into one of the worlds
fastest growing chocolate markets. (Quartz India)
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India one of the fastest growing chocolate markets
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the article
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Caught In The Big Sale
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article
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Sure, eTailing is growing by leaps and bounds. But eTailers are
booking more losses than profits. Deep discounts and returns are
a downward spiral they cant pull out of. (Businessworld)
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After sudden market share gains by online players, strategies
of several traditional retailers now revolve around omni-channel
retail. Within a year of its launch, sales of Trendin have equalled
those of 30 branded stores, or close to 1% of Maduras turnover.
(The Economic Times)
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It's E-commerce that's Trendin at Madura
Read the article
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The lesser-known Wipro sibling
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the article
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Living in the shadows of the IT business, Wipro's consumer care
enterprise often goes unnoticed. Yet, Wipro Consumer Care &
Lighting is a globe-trotting behemoth in its own right, within
striking distance of becoming a billion-dollar business. (Forbes
India)
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The country's food regulator plans to soon put the onus on retailers
to check for product approvals and could hold them responsible
if they are found selling items that have not been approved by
it.. (The Economic Times)
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FSSAI can hold retailers responsible
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the article
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Tata Group's new hybrid online retail venture
Read the
article
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The Tata Group will launch the country's first hybrid online
retailing venture, a combination of a portal that will list brands
and handle payment transactions and brick-andmortar stores that
will set prices, deliver products and provide customer support.
(The Economic Times)
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Fashion and lifestyle e-tailer Myntra is understood to have seen
a drop in sales after going app-only last month, say market watchers.
However, the etailer has no immediate plans to revive the website.
(Financial Express)
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Myntra sales may have fallen after going app-only
Read
the article
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BigBasket, LocalBanya expect private labels to rise up to
50% through staples and FMCG
Read
the article
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Private labels in daily household, personal care and food products
are soon expected to drive nearly half the sales for online grocers,
as they aggressively expand their portfolio for higher margins.
(The Economic Times)
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Globally, the fashion major GAP is overhauling the way it manages
its brand. What is its story in India? (Business Standard)
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GAP's new republic
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the article
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Cracking the local marketing code
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the article
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Local services can help e-commerce players trim costs and improve
profit margins but execution is a challenge. (Business Standard)
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Snapdeal is starting a two week advertising blitz for a home
decor sale and has asked vendors for higher margins to fund the
ad campaigns. (The Economic Times)
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Snapdeal seeks more margins from vendors for sale
Read
the article
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Striking the right chord
Read the article
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In a highly unorganised market, Tanishq looks to demonstrate
the difference standardisation can bring about. (Business Standard)
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In a belated attempt to salvage its reputation, Swiss FMCG major
Nestle on Friday decided to recall its Maggi instant noodles from
retail shelves in the Indian market. (Financial Express)
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Nestle buckles, pulls Maggi noodles from the market
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the article
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Amit Agarwal Leads Amazon India As Online Retail Is Taking
Off
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the article
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Amit Agarwal, managing director of Amazon India, appears sartorially
to mimic his boss, Amazon.com CEO Jeff Bezos. The two men also
are diminutive in build and brisk in manner. Agarwal sounds like
Bezos when he says that in Internet and online retail time, India
is still on Day One. (Forbes Asia)
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Puma, which made its India debut in 2006, said it posted sales
of Rs 766.75 crore in the 2014 calendar year, inching closer to
companies such as Adidas and Nike that entered the country earlier.
(The Economic Times )
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Puma catching up to leaders despite its late entry into
India
Read the
article
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Bansals troll each other on Twitter on tech talent
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the article
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Taking a dig at each other on social media seems to be the norm
for new-age entrepreneurs. A few days after Housing.com CEO Rahul
Yadav took on founders of Zomato and Olacabs, it is Flipkarts
Sachin Bansal turn to take on rival Snapdeal on Twitter. (The
Hindu Businessline)
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Grocery e-tailing -- once not an in-favour category with Indian
e-tailers -- is gunning for growth with startups and existing
players eyeing an online shot. For some though, it's an exploration
of the genesis of what really matters in retail. (Indiaretailing.com)
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Hyperlocal: The inclusive retail model
Read the
article
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100,000 Chinese sellers to join Paytm network from August
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article
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Paytm is set to allow 100,000 sellers from Chinese etailer Alibaba's
online shopping portal AliExpress to start retailing on its platform
in India from August, a senior executive at the mobile commerce
company said. (The Economic Times)
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Neighbourhood kirana stores know their customers like none other.
Giant retailers have leant that now, and have realised that partnering
with them is their best bet. (Businessworld)
|
Lucrative liaisons
Read the
article
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Airconditioner manufacturers focus on institutional sales
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the article
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AC makers are focussing on institutional sales to make up for
slowing retail growth. Industry players assume the growth of air-conditioning
in the B2B segment would be 25-30%, compared with single-digit
growth in the retail sector. (The Economic Times)
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Myntra.com, India's largest online fashion retailer, has seen
a 10% drop in sales since it shut its website and turned a mobile
app-only etailer last week. The company, owned by Flipkart, had
factored in such a decline and hoped to return to the level of
sales prior to the move in the coming weeks. (The Economic
TImes)
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Myntra sales dip 10% in app-only mode, rivals to play safe
for now
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the article
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Amazon, Snapdeal won't follow Flipkart to app-only format
Read
the article
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Flipkart-Myntra, the country's largest e-commerce player, maybe
busy moving to an app-only format, but its closest rivals Snapdeal
and Amazon say they have no plans to shut down their websites
and focus only on mobile. (The Economic Times)
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The future of fashion shopping in India appears all about about
m-commerce. Top fashion retailer Myntra - which was acquired by
India's biggest e-tailer Flipkart in May 2014 - on Monday said
it will go mobile only beginning Friday. (WWD)
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Myntra to Go Mobile Only
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the article
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The more the merrier
Read
the article
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In its latest campaign, Amazon India attempts to discard its
'metro brand' image and woo the mass buyer. (Business Standard)
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Amazon launches service that will allow third-party merchants
to sell ethnic apparel, shoes, yoga books and other products to
customers in US, UK. (MINT)
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Amazon Indias third-party sellers go global
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the article
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Lack of FDI, threat of e-commerce lead to consolidation
in retail space
Read
the article
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At a time when consumer demand has not exactly been upbeat, the
two back-to-back deals among the biggest offline retailers over
the last two days signals that more mergers and acquisitions could
be in the offing. (The Hindu Businessline)
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The Indian e-commerce space is still at a very nascent stage
with significant potential for innovation and growth. With customer
acquisition done, Indian ecommerce players are levying additional
charges with eye on profitability. (Financial Express )
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Customer base in place, e-tailers move to improve margins
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the article
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Coca-Cola sponsors rival PepsiCos products
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the article
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In an unprecedented move, beverage maker Coca-Cola is sponsoring
Reliance Retail's ongoing five-day 'Big Jackpot' sale across its
600-plus food and grocery stores and has ended up promoting rival
PepsiCo's products. (The Economic Times)
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Danish fashion company Bestseller will soon bring in its premium
brand Selected to expand its India portfolio to four brands. (The
Economic Times)
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Bestseller to add Selected to its brand portfolio in India
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the article
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Retailers spend on technology to counter ecommerce
Read
the article
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Brick-and-mortar retailers are beginning to spend more on technology
and omni-channel strategies to combat the growing threat from
ecommerce, a boon for tech firms who had seen revenue growth from
retail decelerate in the last few years. (The Economic Times)
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Acquisition seems to be the trend among Indias online consumer
businesses. From Flipkarts acquisition of Myntra to Snapdeals
buyout of Exclusively.com, there is news of acquisition coming
in from all quarters. (IMAGES Retail)
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How acquisitions are churning growth in ecommerce
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the article
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Book retailers revamping strategies to take on online stores
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the article
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Brick-and-mortar book stores are rethinking their strategy to
take on competition from online market places, which lure book
lovers with attractive discounts. (The Economic Times)
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The market for used goods is growing, with new types of products
being transacted online. Person-to-person sales are on the rise
as more individuals understand and transact with ease online.
(The New Indian Express)
|
Don't Resell Yourself Short
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article
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Future Group's ambitious reboot
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the article
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Future Group's Kishore Biyani wants to get to Rs 100,000 crore
in sales by 2020. He's chalked out an ambitious push, one that
will change the face of his company. (Forbes India)
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The company runs Jawed Habib Academy and salon and parlour brands
Bevels, Hair Yoga, Jawed Habib Hair & Beauty and Hair Xpresso.
(The Economic Times)
|
Jawed Habib hair cosmetics range, two new salon brands
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the article
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Right on Target
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the article
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Target, the $73-billion retailer, becomes the first global corporation
to take a major dive into working with Indian start-ups. It has
worked with 10 already in just over a year. (Business World)
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The focus for India's ecommerce sector needs to shift from rapid
expansion and capturing market share to building sustainable businesses.
(Quartz India)
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Are Indias e-commerce valuations a bubble?
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the article
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10 sharply focussed ecommerce players in India
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the article
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Looking into the future: identifying India's online successes.
(Forbes India )
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The rise of vertical players and aggregators points to a change
in the largely horizontal game in the Indian online retail industry.
(Forbes India)
|
Why focus is the name of the ecommerce game
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the article
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E-commerce to See More M&As in Coming Days
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the article
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The turbocharged e-commerce in India may be staring at its second
round of consolidation with heightened Mergers & Acquisition
(M&A) activity in this space. According to experts, the trend
of M&A is set to grow by leaps and bounds. (The New Indian
Express)
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Reliance Industries (RIL) has sought shareholders' approval to
make major forays into the online retail space to cash in on the
boom in the country's e-commerce market that is expected to grow
four-fold to almost $70 billion by 2019. (The Economic Times)
|
RIL set for big e-commerce foray to support Reliance Jio
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the article
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Online grocers target the taste buds
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the article
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Online grocers such as Meragrocer.com, BigBasket.com and LocalBanya.com
are showcasing food recipes and blogs on their websites and selling
all-in-one, do-it-yourself kits to engage the customer. (The
Economic Times)
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There are over 120 million people over the age of 60 in India.
That is more than the entire population of most of the countries
in the world. (The Economic Times)
|
Online retailers step in to cater to special needs of the
elderly
Read
the article
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Looking for malls that think like brands
Read
the article
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As malls jostle with each other for the same audience, brands
either have to jump ship or stay put. A mall with a clear target
audience wins their vote. (Business Standard)
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India's North-Eastern states are fast emerging as the drivers
of growth for some leading e-commerce companies, which claim double-digit
growth in the market after having overcome last-mile delivery
challenges. (The Economic Times)
|
North-eastern states growing markets for India's e-commerce
players
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the article
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Xiaomi may follow Amazon model for its online portal in
India
Read
the article
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Xiaomi will likely set up a marketplace platform and bring on
board third-party retailers to sell the phones on its portal Mi.com.
(The Economic Times)
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In search of the next sales pitch, some of Madura Fashion and
Lifestyle's (part of Aditya Birla Nuvo) apparel brands are turning
to customisation. (Business Standard)
|
Van Heusen's bespoke pitch
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the article
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Discount and deal sites helping e-commerce
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the article
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As online shopping grows in India, deal sites that offer cash-back
and discount coupons have emerged, helping retailers to add customers
and widen the market. (The Economic Times)
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Trent Hypermarket the equally owned joint venture between
the Tata Group and UK's Tesco plans to invest Rs 250 crore
as the only Indian multibrand retailer with foreign investment
aims to open more stores. (The Economic Times)
|
Tata-Tesco JV plans Rs 250 crore investment to open more
stores
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the article
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Man in the mirror
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the article
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The market for male grooming products is Rs. 4,300 crore and
growing as Indian men today are increasingly conscious about their
appearance. (The Hindu Businessline)
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Paytm, which began as a mobile recharge and utility bill payment
service in late 2010, has morphed into a fullblown ecommerce marketplace
similar to Amazon and Flipkart, only focused on mobile right from
the start. (The Economic Times)
|
How Paytm morphed into an e-tail marketplace
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the article
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RIL's New Business Pangs
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the article
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While the telecom and retail businesses hold promise, many of
the groups businesses are struggling.. (Businessworld)
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Being Human, which currently has more than 500 points of sale,
appears to have instilled the confidence in Mandhana's promoters
to forge out on their own in apparel retail in India, which is
not only crowded but also unorganised to a large extent. (Business
Standard)
|
More than Being Human
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article
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More niche acquisitions likely in e-commerce sector, say
analysts
Read
the article
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In a bid to strengthen their presence in the e-commerce sector,
large players such as Amazon, Snapdeal and Flipkart are likely
to look at acquiring companies with niche, differential capabilities,
say industry analysts. (Business Today)
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Despite an online shopping frenzy in the country and large investors
stepping in to fund several online retailers, most e-commerce
players are yet to turn their click-and-buy model into big businesses
as the big ones steal the show. (The Economic Times)
|
Big e-tailers like Flipkart, Snapdeal getting richer; Zovi,
Yepme yet to touch Rs 100 cr in sales
Read the article
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eBay lags behind Amazon and Flipkart in commission revenues
Read
the article
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eBay India, one of the earliest online marketplaces in the country,
has slipped behind both Flipkart and Amazon on revenues from seller
commissions as its two rivals along with Snapdeal have been aggressively
pushing sales with big discounting events and high-decibel marketing.
(The Economic Times)
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In less than a year, 22 million have used Paytm, generating business
worth Rs. 3,500 crore. This is the brave new world of mobile wallets,
where hard cash and payment cards are passé. (The Hindu
Businessline)
|
Money talks
from a mobile phone
Read the
article
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Global brands change partners for more reach in India
Read
the article
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A host of popular brands, including Ferrari, Bang & Olufsen,
Montblanc, Etro, Brioni and Bulgari are revisiting their India
business plans by tweaking one of the most important factors -
the local partner. Reasons differ. (The Economic Times)
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Consider the numbers. In three years of operations (2012-2014),
Jabong and Myntra's combined top line has hit Rs 1,000 crore for
the year ended March 2014. Growth has been more than blistering.
(The Economic Times)
|
Jabong, Myntra signal revolution in fashion e-tailing
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the article
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Burger King eyes a big slice of the Indian market
Read
the article
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A late entrant in the crowded marketplace, Burger King, the international
burger chain, has adapted its offering to suit Indian taste buds.
But will that be enough? (Forbes India)
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The founder of e-commerce giant Alibaba and Chinas richest
man, Jack Ma, is in India after apparently being swayed by the
persuasive powers of prime minister Narendra Modi to come and
do business in the subcontinent. (Quartz India)
|
Alibabas Jack Ma needs India
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the article
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A Future for Nilgiris
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the article
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In a way, Biyani would relate to Nilgiris. He was an apparel
manufacturer who made it big in retail. The Nilgiris-founder,
Muthuswami Mudaliar, was a milk supplier who went on to set up
one of India's earliest modern retail chains. (Business Standard)
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Retailers lament that their sales have dropped by more than 35-40
per cent during the past three months as online market firms went
on a marketing blitz. (Hindu Businessline)
|
Booming e-tail sounds death knell for electronics retailers
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the article
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A Degree of Style
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the article
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UCLA and Harvard are selling branded apparel in India. Soon,
the University of Oxford will, too. Whats the draw? (Hindu
Businessline)
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Multinational retailer Wal-Mart on Thursday refuted the allegations
made by Cobrapost.com of foreign direct investment violation in
India and insisted that it regularly conducts membership audit
internally to keep a tight vigil and continuously improve strict
compliance norms. (Hindustan Times)
|
Wal-Mart denies violating FDI norms
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the article
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Looking Beyond Tobacco
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the article
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Unlisted major DS Group is eyeing new growth drivers in the FMCG
space to dwarf its core tobacco and mouth freshener businesses.
(Outlook Business)
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In the festive season frenzy of online shopping, the big players
have elbowed out the small ones, in more ways than one. (Business
Today)
|
Big is Beautiful
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the article
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Brick-and-mortar retailers partnering E-commerce
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the article
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Several brick-and-mortar retailers are forging exclusive partnerships
with e-commerce marketplaces including Amazon, Flipkart and Snapdeal
to target the growing base of net-savvy consumers, digressing
from their earlier strategy of considering online players as rivals
over deep discounting. (The Economic Times)
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Wipro's consumer care and lighting business could end this fiscal
year with $1 billion (Rs 6,000 crore) in revenue, as the company
expects the Modi-led government's promised reforms to lead to
a better second-half of the year for the company. (The Economic
Times)
|
Wipro Consumer Care & Lighting sees a billion-dollar
revenue
Read
the article
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Starbucks outshines rivals in first full year in India
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the article
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Starbucks, the world's largest coffee retailer, posted nearly
three times more per-store sales than established rivals in India
in its first full year of operations in the country. (The Economic
Times)
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E-tailers in India have been racing ahead, but the hunt for buyers
has burned Rs 1,000 crore hole in their books, according to their
year-end filings with the Registrar of Companies. (The Economic
Times)
|
E-tailers grow, but burn Rs 1,000 crore hole
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the article
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Clothing well-to-do India
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the article
|
From a swadeshi mill to global denim-maker, Arvind has constantly
reinvented itself. Its next big opportunity is the countrys
high-earning millennials who love to dress in big brands. (The
Hindu Businessline)
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E-tailers such as Amazon, Flipkart and Snapdeal, are spending
a fortune on television advertising. This is a throwback to 1999-2000
when dotcoms had raised a lot of money from venture capitalists
and were spending heavily on advertising. (Business Today )
|
Jostling for Eyeballs
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the article
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Biyani's Brand Factory unfazed by online sales
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the article
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Discount chain to expand to the east and west, continue with
third-party brands. (Business Standard)
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Flipkart, which has raised nearly $1.8 billion from investors
since starting out in 2007, including $1.2 billion this year,
is looking to aggressively push sales of high-value large appliances
such as TVs, refrigerators and air-conditioners. (MINT)
|
Flipkart to buy into Jeeves in home appliances push
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the article
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Preparing for the Big Sale
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the article
|
With the festive season underway, retailers in the online and
the offline world need to prepare well to offer the best deals
to consumers and earn trust. (Business Standard)
|
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The world's largest online store Amazon and India's largest listed
retailer Future Group have signed a deal to jointly sell goods
over the Internet amid growing friction between online and offline
retailers over heavy discounting. (Quartz India)
|
Amazon, Future Group Team Up to Sell to India
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the article
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|
A Mall Called Lulu
Read the article
|
Parimala S. Rao visits a sprawling mall in Kerala to come up
with the verdict that brick-and-mortar retail is alive and kicking.
(Catalyst - The Hindu Businessline)
|
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Indias shopping websites including Flipkart, Snapdeal and
Amazon are fighting for the massive bump in sales in the festive
season surrounding Diwali. (Quartz India)
|
Shopping websites in intense competition this week
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the article
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Online Sellers, Shops Slug it Out With Discounts
Read the
article
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As Diwali approaches, brick-and-mortar retailers are scrambling
to compete with online websites offering hefty discounts to woo
shoppers. (New Indian Express)
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In the past two months alone, at least six top executives have
quit leading PE firms, citing reasons such as starting their own
funds, a lack of performance by the existing funds, and entering
the e-commerce space, which has recently witnessed a lot of action.
(Business Standard)
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Private equity-venture capital witnesses churning at top
Read
the article
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Western luxury fashion set on cracking Indian market
Read
the article
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Although international luxury brands have opened flagship stores
all over developing Asia, they have hardly touched the Indian
market. This may be about to change. (Nikkei Asia Review)
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Two big deals in July changed the landscape for the nation's
online retail industry, while also offering more business to providers
of support services ranging from website development and payment
services to logistics. (The Economic Times)
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Big E-commerce deals stir up sector, support services
Read
the article
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Will Future's gigantic food park in Bangalore help farmers?
Read
the article
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The food processing business is set to boom in India and Future
Group is ready to cash in on it. How will the benefits flow to
the farmers and the consumers? (Scroll.in)
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Omni-channel is not just a buzzword; reaching out to consumers
through all possible shopping points is becoming imperative. (Business
Standard)
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Best of both worlds
Read
the article
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Reliance exiting furniture business
Read
the article
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At a time when Swedish retailer Ikea is making big plans to enter
India, the countrys largest retailer Reliance Retail is
winding up its furniture format under Reliance Living. (The
Hindu Businessline)
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Cab booking service TaxForSure, which recently raised $35 million
in funding, has cut rates sharply, joining a fare battle with
rivals Olacabs and Uber to grab a bigger share of a rapidly growing
market. (Mint)
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TaxiForSure joins fare war as competition intensifies
Read the
article
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In Still Waters
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article
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Eureka Forbes will find it tough to retain market share in its
core water purifier business as competition intensifies. (Business
Today)
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Indian private equity (PE) investors are gearing up to participate
in the e-commerce growth story. In recent past, back-end logistic
players have been on radar of PE players. India's e-commerce market,
which is expected to reach $20 billion by 2020, has seen the presence
of five-six large organised specialised logistics players. (Business
Standard)
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Logistics players ride e-com bandwagon to raise money
Read
the article
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The Foreign 'Curry' Challenge In India
Read
the article
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Commencing a new restaurant business in India usually comes with
a lot of challenges. But these are compouned when you replicate
a foreign brand's model in India. (Franchise India/ Retailer)
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RBI has said Uber and other companies that offer app-based purchases
cannot allow customers to pay with their credit cards without
a two-step authentication process. (MINT)
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Uber may have to tweak payment model in India
Read
the article
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The Cooked-Up Story
Read the article
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Markets overseas are ravenous for ready-to-eat chhole, dal makhni
and other desi food. Indian kitchens still prefer home-cooked
meals over convenience, but will that change soon? (The Hindu
Businessline)
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Gap Inc., which sells brands such as Banana Republic, Old Navy
and Piperlime, has signed a franchise agreement with Arvind Lifestyle
Brands Ltd, a unit of Arvind Ltd to enter India. (MINT)
|
Gap inks franchise agreement with Arvind Lifestyle Brands
Read the
article
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Combo offers for e-devotion
Read the
article
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E-commerce sites in the religious segment launch value-added
services to rake in the moolah. (Business Standard)
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Arvind Group is hoping to achieve sales of Rs1,000 crore through
its online business over the next three years, says executive
director Kulin Lalbhai. (MINT)
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Arvind to launch online business
Read
the article
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A Double Topping for Growth
Read
the article
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Meats and flavoured yoghurt are the new additions in the portfolio
of Graviss Foods, the Indian franchise of Baskin Robbins, as it
wants to tap into the quick service restaurant and specialty organised
retail businesses according to Sanjay Coutinho, CEO.. (Outlook
Business)
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Partnering with brands to be their exclusive sales partner seems
to be the flavour of the season for e-commerce companies. (The
Economic Times)
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Exclusive alliances between brands and e-tailers
Read
the article
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Meru, TaxiForSure Plan Overseas Drive
Read
the article
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Meru Cabs, Indias largest taxi fleet operator, plans to
start services outside India by the next financial year and is
evaluating entering countries such as Malaysia, Vietnam, Myanmar,
Nepal, Bangladesh and Sri Lanka. (MINT)
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Amazon, the worlds largest online retailer, is shaking
up the Indian market and re-writing many of its inviolable
rules. (The Hindu Businessline )
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Amazon; Package Deal
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the article
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Mall vacancies rise
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the article
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The retail real estate segment saw a significant rise in vacancies
in April-June 2014 over the January-March levels as supply increased
and tenants exited under performing centres. (DNA)
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Fashionara.com has raised $7-8 million (around Rs.42-48 crore)
from its existing investors Helion Venture Partners and Lightspeed
Venture Partners and plans to increase its sales by expanding
into new cities and increasing its product range. (MINT)
|
Fashionara plans to triple sales
Read
the article
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Do PE funds make bad chefs?
Read
the article
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Quick Service Restaurants (QSRs) are not an easy investment sector
as private equity investors are discovering in India. (The
Economic Times)
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Carrefour, since its entry into India in 2010, was not able to
find a partner to expand its business beyond five stores, and
has decided to exit the market. However, experts say that too
much shouldn't be read into the exit. (Business Today)
|
Carrefour exits India
Read
the article
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Doing more with less
Read
the article
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Here's how e-commerce players in India are shoring up revenue
per visit to stay ahead in the race. (The Strategist - Business
Standard)
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Global e-tailing behemoth Amazon and N R Narayana Murthy's family
office Catamaran Ventures have floated a joint venture to help
small and medium businesses (SMBs) join the online bandwagon,
taking advantage of a burgeoning number of online shoppers. (The
Times of India)
|
Catamaran, Amazon JV
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the article
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Thinking on their feet
Read
the article
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Footwear brands Liberty and Bata lace up for a fresh round of
sales battles to win over customers, as Liberty focusses on young
customers and on online retail. (The Hindu BusinessLine)
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Cab services provider Uber announced the launch of its low-cost
cab brand UberX in Bangalore, New Delhi and Hyderabad to directly
compete with local rivals such as Meru Cabs, Ola Cabs and others
. (MINT)
|
Uber launches cheaper brand UberX
Read
the article
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Wipro in tiger economies
Read the
article
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Tech tycoon and Wipro chairman Azim Premji is a hidden dragon
springing out an impressive fast-moving consumer goods (FMCG)
story in Asia's new tiger economies, knocking close on the heels
of global powerhouses Unilever and Proctor & Gamble. (The
Times of India)
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Brands are increasingly leveraging themes based on a social cause,
in a bid to break the clutter and connect with the
target audience.. (Retailer)
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Branding with a cause
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the article
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Retailers still see red
Read
the article
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Competition from kirana stores, low margins and property &
supply chain issues delay break-even in food & grocery chains.
(Business Standard)
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Armed with innovative products and brand extensions in niche
adventure and outdoors categories, Harkirat Singh wants consumers
to see Woodland in a new light. (Outlook Business)
|
The Big Kick-Off
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the article
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Beyond the Hinterland
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the article
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Jyothy Laboratories is that rare company that grew up in the
villages and is now ready to take on FMCG biggies in their urban
strongholds. (The Hindu BusinessLine)
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In another fillip for onlinefashion retail in India, FashionandYou
has raised $10 million in funding, according to the company. (Women's
Wear Daily - WWD)
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Another Investment in Fashion E-tail in India
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the article
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India: landslide election heralds optimistic business climate
Read
the article
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The unprecedented victory by Narendra Modi in the worlds
biggest democratic elections in India has created what can only
be described as a wave of optimism, with many hoping that the
countrys economic and business climate will now take a similarly
dramatic turn for the better. (International Bar Association)
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Many organised furniture e-retailers in India have followed the
success story of IKEA keenly, borrowing and tweaking some of its
strategies and applying them in their own ventures to drive scale.
(Business Standard)
|
The Ikea Way
Read the
article
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Reliance Retail to go online
Read
the article
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Almost eight years after its launch, Mukesh Ambani's Reliance
Retail is ready to launch a multi-channel retail operation, which
would integrate its physical stores with an e-commerce portal.
(Business Standard)
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Flipkart, India's largest e-retailer, has acquired online fashion
retailer Myntra in a move that is likely to help the two domestic
e-retailers face international competition better. (DNA)
|
Flipkart buys Myntra
Read
the article
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Retailers hope new govt will reverse anti-FDI stand
Read
the article
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Indian retailers are hopeful that the new BJP-led Government
will do a volte face on its decision to oppose foreign direct
investment (FDI) in multi-brand retail, but the current policy
itself is still flawed. (The Hindu Businessline)
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Van Heusen's renewed focus on womenswear has led to it contributing
eight-nine per cent of its revenue (latest financial year), higher
than the five per cent that womenswear returns for Madura Fashion
and Lifestyle, on an average. (Business Standard)
|
Van Heusen Woman steps up
Read
the article
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Food chains learn fast
Read
the article
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While quick service restaurants (QSRs) had entered the food scene
with Indianised menus, the market has also had a lot of products
withdrawn since then. After the initial success, is it now a case
of more misses than hits in new menu-items for these QSRs? (Business
Standard)
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The DS Group, best known for its tobacco-based products, is aggressively
diversifying into other segments in a bid to reposition itself.
(Forbes India)
|
Can the Tobacco-based DS Group Diversify Like ITC Did?
Read the article
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Seminar on Fashion and Retail Industry Held by NITRA
Read the
article
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The seminar organised by NITRA was specifically focussed on students
of textile and fashion colleges pursuing UG and PG level programs.
(Textiles Update)
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Many young office-going couples, especially those hard-pressed
for time, find it very convenient to order from online grocery
retailers because of the hassle-free shopping experience they
provide. (The Economic Times)
|
Online grocery stores gaining popularity in India
Read
the article
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Nilgiri's to boost Future grocery plans
Read
the article
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Kishore Biyani has the south India-based supermarket brand, Nilgiri's
in the cross hairs, with the brand is expected to boost his growth
prospects in the food and grocery segment. (Business Standard)
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When it comes to retail trade, there seems to be room for negotiation
in BJPs 2014 manifesto. (The Hindu Businessline)
|
Will BJP soften its stand on multi-brand retail?
Read
the article
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All That Fizz In Store
Read the
article
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Retail consultants and shopper marketing experts share their
take on the retail trends in the Indian beverages market and where
it's headed. (Point of Purchase Online Network)
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After starting delivery services to Indian patrons through its
global site, American lifestyle clothing retailer Gap is now inching
closer to them by partnering with ecommerce portal Myntra. (Fashionunited)
|
Gap and Myntra may partner for e-commerce biz in India
Read
the article
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Chasing profits, Future Group shut 40% of Food Bazaar stores
in 2013
Read
the article
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Last year, Kishore Biyanis Future Group closed about 40%
of its food and grocery chain of Food Bazaar stores that were
not performing well. (Financial Express)
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As demand for branded fruits grows in India, corporate groups
are diving into the business. After Mahindras, Tatas have entered
the space. (DNA)
|
Corporates spot juicy prospects in branded fruits
Read
the article
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Himatsingka Seide: Spinning a Success Story
Read
the article
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Dinesh Kumar Himatsingka and son Shrikant's focus on design
and technology has ensured their company remains on a fast growth
trajectory. (Forbes India)
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Airport retailing is a popular concept globally but is still
in its infancy in India. However, it appears to be ready for an
impressive take off, with the renovation of most major airports
is underway with large dedicated areas for retail stores. (Business
Today)
|
Flying Visits Welcome
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the article
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Flying off the shelves
Read
the article
|
The tills are ringing loud and clear at airport outlets, raking
in more than shops in the city. With 61.42 million passengers
travelling by air in 2013 alone, there is an ever-burgeoning market
to tap. One that apparently allows some brands to earn almost
eight to nine times of what they earn at malls or high-street
outlets. (The Hindu Businessline)
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While they are not present in this country, some of the largest
US-based retailers JC Penney, Nordstrom, Macys, Ann
Taylor are shipping to India or selling their products
here through their e-commerce portals, to test the waters. (Business
Standard)
|
US retailers go online to net Indians
Read
the article
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Half of global fashion brands in India through distribution
pacts
Read
the article
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The logic for opting for the franchise or distribution arranegement
route is to gain control in terms of the product, price and partly
the retail experience, according to a report by Third Eyesight.
(Business Standard)
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A recent report pegs the size of the fake luxury products market
in India at Rs 2,500-3,000 crores. (Business Standard)
|
Buyers' love for discounted luxury products spawns fakes
online
Read
the article
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Two Indian States Bar Foreign Supermarkets
Read
the article
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In India, two newly elected state governments have rolled back
decisions to allow the entry of foreign supermarkets. (Voice
of America)
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Brands in the premium segment of the ice cream and frozen desserts
market in India are growing. (Business Today/Yahoo Finance)
|
Always Room for More
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the article
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Police attach brand owned by NSEL borrower
Read
the article
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The economic offences wing of the city police on Friday attached
a brand belonging to P D Agro, in the National Spot Exchange (NSEL)
payment default case. P D Agro owes Rs 637 crore. (Business
Standard)
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Its been close to two decades now but Levi Strauss India
cant seem to get the right fit. The apparel maker is watching
its bottom line and is letting go of stores and vendors, in a
big overhaul over the last 18 months. (Financial Express)
|
Levi India tapers vendor base
Read
the article
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Rajasthan bans FDI in retail
Read
the article
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The Indian state of Rajasthan has barred foreign direct investment
in supermarkets, an ominous sign for global retailers who covet
India's vast but fragmented retail sector if the country's main
opposition Bharatiya Janata Party (BJP) comes to power nationally
in upcoming elections. (Reuters)
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Oak Lawn Marketing, a subsidiary of Japanese telecom company
NTT DoCoMo, is set to enter Indias burgeoning virtual retailing
space through a tie-up with TVC Skyshop, which operates in the
same segment. (The Hindu Businessline)
|
Soon, Skyshop is a NTT DoCoMos arm
Read
the article
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Last mile advantage
Read
the article
|
With increasing competition in e-commerce space, delivery has
become an essential factor after price and assortment. (Business
Standard)
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Retail at airports is an exciting segment for the industry, which
is showing good traction in India as more and more travellers
indulge in shopping. The new T2 terminal in Mumbai alone is expected
to add 15% to existing sales. (Financial Express)
|
Flying off the shelves
Read
the article
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Is too much discount selling the retail sector short?
Read
the article
|
Retailers and mall owners are throwing open malls at eight in
the morning and doling out offers and discounts to boost slackening
sales. But experts believe too much discount is detrimental to
the sector. (The Hindu - Businessline)
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The hype over e-retail hides the reality of mounting losses,
making it look like Bubble 2.0. (Financial Chronicle)
|
Losers@Retail
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the article
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8 things the new e-tailer must watch out for!
Read
the article
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The e-commerce market is growing fast but there is competition
from the big league in the space. Here are a few tips you should
consider while taking the plunge. (Moneycontrol.com)
|
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The new AAP-led Delhi government has decided not to allow foreign
investment in retail in the capital. New Delhi accounts for a
fairly large chunk of the organised retail market in the country
and would have been an attractive catchment for any retailer.
(Financial Express)
|
Delhi wont have FDI in retail as AAP reverses Congress
government decision
Read
the article
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Zara's fast fashion finds its shopaholics
Read
the article
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Zara in India and the joint venture between Inditex and Tata-run
Trent, has made profits in the second year of operations and has
been profitable since then. But Zara will have to work to maintain
its dream run, now that many international brands are set to enter
India. (Business Standard)
|
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|
Retail experts say, while the upper middle class, that account
for at least 40 per cent of all spending, will step up consumption
in the next one year, the rest will choose to lie low for a while.
But for 2014 there is currently a pipeline of mall supply of 14
million square feet. (Financial Chronicle)
|
More malls to indulge you in the New Year
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the article
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More dollars to flow in Indian retail post Tesco clearance
Read
the article
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According to retail industry executives, some of the top European,
Japanese and Korean retailers are seriously pursuing Indian retail.
(Business Standard)
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With a direct investment, UK-based Tesco can add to the best
practices it already brings to Tata's retail business. (Business
Standard)
|
Trent's Tesco edge can speed up profitability
Read
the article
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Tesco plans cautious India entry after arm-twisting by politicians
Read
the article
|
It took months of arm-twisting and assurances from New Delhi
to persuade British retailer Tesco Plc to take the plunge and
become the first foreign player to set up a chain of supermarkets
in India. (Reuters)
|
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Tesco seeks to invest US$110m in Trent, India. 'We'd like to
get more involved in this exciting market,' says Trevor Masters,
CEO, Tesco Asia. (DNA - Daily News & Analysis)
|
UK's Tesco eyes 50:50 supermarket JV with Tata
Read
the article
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|
Tesco applies to enter the Indian market, other might not
dip their toes in Subcontinent yet
Read
the article
|
Tesco, the third-biggest retailer in the world, has applied to
India's Foreign Investment Promotion Board and initially plans
to invest $110 million in the country. On acceptance of the bid,
Tesco will operate in India through a 50-50 partnership with the
Mumbai-based conglomerate, Tata group. (International Business
Times)
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Tesco's $110-mn investment will build on existing portfolio of
Star Bazaar stores in Maharashtra and Karnataka. (Business
Standard)
|
Tesco to enter Indian retail through JV with Tatas
Read
the article
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|
Coke @ 20 ups the cola game
Read the
article
|
Having invested $3.5 billion, Coca-Cola India has earmarked an
additional $5 billion for the next seven years, in line with chief
executive Muhtar Kents dream of making India the companys
fifth largest market globally, in terms of volume. (Money Indices)
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Retailers in India are trying to catch customers through every
means possible - online, offline, mobile and television. And traditional
brick-and-mortar players such as Titan, Croma, Madura Retail,
Fabindia and Vijay Sales have jumped on the e-wagon. (The Week)
|
E-haw! - Traditional retailers take to the internet
Read the article
|
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|
Single brand retailers keen to mingle with Indian middle-class
Read the
article
|
India's Foreign Investment Promotion Board (FIPB) cleared investment
proposals adding up to Rs 12,000 crore over the last one year,
as global players look to tap the great Indian middle class. (Business
Standard)
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On its way to take a greater control of its Indian arm, the French
brand Celio is banking on a full-fledged team, and international
designing and sourcing chops. (Business Standard)
|
Celio to outfit Indian arm with global look
Read the article
|
|
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|
Is M&S ready to make its mark on in India?
Read
the article
|
Faced with declining clothing sales in its home market, British
retailer Marks & Spencer is looking overseas for growth, with
a new focus announced this week to make India its largest international
market in the next three years. But is M&S being overly ambitious
in its plans? What challenges does it face? And would it be better-served
exploring opportunities elsewhere? (just-style.com)
|
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If Page Industries, the Bangalore-based manufacturer and distributor
of international innerwear brand Jockey is in the spotlight today,
its because of a strategic move it made four years ago.
(Businessworld)
|
Jockey: Thunder Down Under
Read
the article
|
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|
Marks & Spencer plans to open 44 more stores in India
by 2016
Read
the article
|
Marks & Spencer (M&S) on Monday said it expects to have
80 stores in India by 2016, making the country the largest international
market by stores outside of the UK. CEO Marc Bolland says India
is the retailers new priority market and a key
sourcing hub. (MINT)
|
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PepsiCo and Coca-Cola are in a competition of another kind, both
saying on Monday they would invest huge amounts in India. If they
do come about as promised, investments amounting to a total of
$10 billion will come in from the two cola giants by 2020. (Financial
Chronicle )
|
India fizz to cola war: Pepsi to bring in $5.5b, Coke $5b
Read
the article
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Big Bazaar ups its fashion sense
Read
the article
|
Kishore Biyani's flagship clothing brand signs on cricketer Shikhar
Dhawan and mulls neighbourhood stores. (Business Standard)
|
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|
Happy hours, a concept limited to liquor, is finding its way
into quick-service restaurant and cafe chains, as chains look
to prop up sales during a slowdown. (DNA - Daily News &
Analysis)
|
Happy hours in quick service restaurants and cafes now
Read
the article
|
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Failed malls in India point to soured retail boom
Read the
article
|
The majority of India's shopping centres are struggling with
a potent mix of high real-estate prices, bad planning and sluggish
demand as the economy slows. (AFP)
|
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Barely a week after the world's top retailer Walmart ended its
association with Bharti Group, its British rival Tesco has moved
a step closer to entering the Indian retail market with the Tatas
launching a neighbourhood convenience store format modelled on
Tesco Express. (The Economic Times)
|
Tata opens 'Star Daily' with Tescos retail expertise
and back-end support
Read
the article
|
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Big retailers find profit swallowed
Read
the article
|
Aggressive expansion in a difficult economic environment and
delays in foreign investment are proving costly for the retailers.
(Business Standard)
|
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|
With McCafe opening its doors in India on Monday, there's one
more reason to go out for a cup of coffee. For McDonald's India,
McCafe represents a host of opportunities. (Moneycontrol.com)
|
McCafe to make India debut, will it attract consumers?
Read
the article
|
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|
Wal-Mart, Bharti both stand to benefit from split
Read
the article
|
This week's news that US retail group Wal-Mart Stores and conglomerate
Bharti Enterprises have dissolved their joint venture in India
came as little surprise to industry watchers. Both groups appear
better placed to take advantage of the opportunities afforded
by the country's high-growth food retail sector on a stand-alone
basis. (just-food.com)
|
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After waiting for years to open superstores in India, the worlds
biggest retailer, Walmart, has split with its Indian partner,
delaying its ambitious plans to expand in the country. (Voice
of America)
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Walmart Delays Plans to Enter Indian Retail Market
Read
the article
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Walmart's Bumpy Indian Safari
Read
the article
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How patient will Walmart be with a market that is playing hard
to get and is pretty much tough to ignore? (Businessworld)
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Wal-Mart Stores, after its break-up with Bharti Enterprises,
does not have any immediate plan to get into retailing in the
country, making India the only market where the world's largest
retailer will limit itself to the wholesale space. Why? (The
Economic Times)
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After Bharti, Walmart in no hurry to get into retailing
Read
the article
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A Slew of Break-Ups in the Retail Space
Read
the article
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It is the season of break-ups in the Indian retail space. In
the last two months, three joint venture partners have decided
to part ways in the market. (The Hindu Businessline)
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Wal-Mart Stores announced that it had indefinitely delayed its
once ambitious plans to open hundreds of superstores in its own
brand across the country. (New York Times)
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Wal-Mart Drops Ambitious Expansion Plan for India
Read
the article
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Wal-Mart and Bharti Enterprises call off India JV
Read
the article
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With the separation from its partner, Bharti Group, Walmart is
set to take over the existing wholesale (large format cash &
carry) business in India and will need a new local partner if
it wishes to open retail stores. (Reuters)
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Family-owned consumer durables retailer Vijay Sales scaled up
rapidly from 2006, sensing impending competition from biggies
such as Reliance Retail, Croma. (Business Standard - The Strategist)
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Vijay Sales prefers the slow and steady approach
Read the
article
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Starbucks' entry into Bangalore market to froth up cafe
market
Read
the article
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American giant Starbucks is expected to jostle with the likes
of homegrown Cafe Coffee Day, and imports like Costa Coffee, Barista,
Gloria Jeans and Coffee Bean & Tea Leaf; in a market where
drinking kaapi has been a centuries-old tradition. (DNA)
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The Future Group recently launched Big Bazaar Direct, a cross
between e-commerce and door-to-door sales. The Strategist looks
at the factors that can make or break Kishore Biyani's ambitious
new venture. (Business Standard - The Strategist)
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Unravelling Big Bazaar Direct
Read
the article
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Satisfaction guaranteed
Read
the article
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How online retailers are turning reverse logistics challenges
into competitive advantages and new revenue streams. (Business
Standard)
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Credit card issuers have been working with retailers to offer
special "no interest" offers for years, but the Reserve
Bank of India said the plans were misleading as they often have
hidden costs. (Wall Street Journal)
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RBI Blocks Interest Free Plans
Read
the article
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Starbucks gets off to a spirited start in India
Read
the article
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The world's most popular coffee brand Starbucks sold coffee,
snacks and merchandise averaging almost Rs 1.5 crore per outlet
from its 11 doors in just five months since opening its first
outlet in Mumbai last October. (The Economic Times)
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Aditya Birla Retail Ltd (ABRL), retail arm of the Aditya Birla
Group, had been eyeing break-even in 2012-13, the sixth year of
its operations. But that milestone remains elusive, with the retailer
posting losses of Rs 510 crore last financial year, according
to disclosures made with the registrar of companies. (Business
Standard)
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Break-even eludes More, but expansion on track
Read
the article
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Confusing rules deter foreign supermarkets from India
Read
the article
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A year since India reduced foreign investment barriers to its
retail sector to spur flagging economic growth, confusing rules
and political uncertainty are keeping overseas supermarket giants
away, analysts say. (Agence France Presse)
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An increasing number of people are turning to traditional kirana
stores to tame rising budgets, in the process impacting the usually
resilient fast moving consumer goods (FMCG) sector. (Financial
Express)
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FMCG biz shrinks under inflation fire
Read the
article
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Aadi, shraadh sales liven up dull shopping season
Read
the article
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In the last few years, due to (promotional) campaigns, Indian
consumers have been buying during the traditionally inauspicious
period. (The Hindu Businessline)
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If 120 new malls have come up in the last two years, 40 have
downed shutters. Some lessons from the experiences of dying malls.
(Business Standard)
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That sinking feeling
Read
the article
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Premium brands see spurt in sales
Read
the article
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Availability of foreign brands at affordable rates is driving
the sales, even as local economy struggles. (Mint)
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As vegetable prices go through the roof, organised retail seems
to be failing in farm-to-fork delivery. (Financial Chronicle)
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Spilling the beans
Read
the article
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Id a marketing idea yet to arrive
Read the
article
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Usual sales are happening in Ramzan month, but there seems hardly
any festival-related product on offer specifically for Eid. (The
Hindu Businessline)
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With online shopping picking up, brick-and-mortar retailers
are devising ways to stay ahead by offering incentives to walk-in
customers and see integrating physical and online stores as boosting
sales. (The Hindu Businessline)
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Retailers go omni-channel for clicks and footfalls
Read
the article
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ColorPlus sketches out a makeover
Read
the article
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Raymond's once-popular casual wear brand had started showing
signs of fatigue. (Business Standard)
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The growth in Indian retail has brought in its wake fresh challenges
for HR. Here's how the leaders are dealing with them. (Business
Standard - The Strategist)
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HR Management in Retail
Read
the article
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India eases investment rules for retail sector
Read
the article
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India relaxed sourcing and investment rules for the retail sector
on Thursday in a renewed attempt to attract foreign supermarket
chains such as Wal-Mart Stores and Tesco. Foreign companies have
been keen to enter India's $500 billion retail market since the
country allowed foreign investment in its supermarket sector in
September 2012 but ambiguity around entry rules has kept them
away.(Reuters)
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The consumer durables and infotech retail chain space is seeing
an interesting battle for leadership. (Business Standard)
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RDigital snaps at Croma's heels
Read
the article
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International brands to raise prices on weak rupee
Read
the article
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International retail brands will increase prices in the upcoming
Autumn-Winter season, with the rupee depreciation having raised
costs for them. The rupee has depreciated by 12% against the dollar
since February. (The Times of India)
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The Indian government is making yet another push to attract
FDI in retail, but analysts call for more powerful measures to
boost foreign investment. (CNBC TV18 / Moneycontrol.com)
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Experts call for more than ease in FDI approvals to boost
investment
Read
the article
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Blank billboards wait for ads
Read
the article
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Advertising and promotional spends are shrinking even as the
supply of such ad space outstrips demand in the metros. (The
Hindu Businessline)
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Driving footfalls is indispensable now with rising grocery bills.
Hypermarkets are battling consumers looking to cut consumption.
But playing on price by offering lower rates might not be the
way out. . (Business Standard - Smart Investor)
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Retailers take the differentiation call
Read
the article
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Why we love Zara
Read
the article
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The brands success in India spells new and befuddling challenges
for ready-to-wear Indian fashion - Shefalee Vasudev discusses
why. (MINT)
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Two sources within the Bentonville, Arkansas-based company's
Indian unit say it is unlikely to apply for its first retail store
license before March 2015. The company has said it needs a further
12 to 18 months after winning government approval to open each
store, which means its first retail outlet in the country would
open in 2016 at the earliest. (Reuters)
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Wal-Mart's India expansion is stalled
Read
the article
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Imported food items may cost up to 20% more on rupee slide
Read
the article
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As most food importers work on a shipment cycle of 35-40 days,
the impact of the depreciating rupee will be strongly felt in
the next few weeks and months, if not longer. Some items could
possibly go off shelves as importers wait for rupee to become
less volatile. (MINT)
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A slew of global fashion labels have set up shop in India in
the past few years. But why are the Indian prices higher than
those abroad? Does this matter to the well-travelled customer?
Shikha Kumar finds out. (DNA)
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A high price for fashion?
Read
the article
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Star Bazaar, too, has a pre-paid card now
Read
the article
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If designed well, pre-paid cards can ensure frequent visits by
the consumer, with scope for additional purchases by the same
consumer. (Business Standard)
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New rules requiring foreign supermarkets to set up their own
warehouses and stores in India are likely to further delay the
entry of companies like Wal-Mart, increase costs and hurt cash-strapped
local retailers eager to partner with foreign companies. (Reuters)
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New FDI rules a setback for foreign, local retailers
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the article
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Les marques étrangères profitent
de louverture du commerce de détail
Lire
larticle
|
Lassouplissement de la réglementation indienne sur
le commerce de détail a créé un
appel dair pour les marques étrangères qui
lorgnent sur une classe moyenne en pleine
croissance. Les marques françaises sont à la traîne.(Le
Moci)
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Global they might be, but the café chains have woken up
to the potential of coffee in smaller towns and cities in India.
(The Hindu - Businessline)
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Working Up Some Steam
Read
the article
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USL increases focus on higher-priced brands
Read
the article
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After McDowells success, USL has increased focus on higher-priced
brands. United Spirits expects its other premium brands to continue
growing faster than the market this year. (MINT)
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Of late, every third advertisement that we see on television
has some South Indian connect or element attached to it. So, are
marketers trying to engage the so called conservative
South Indians? (The Hindu - Businessline)
|
Are we like this only?
Read the article
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Raymond to focus on growth, profitability
Read
the article
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Firm says 2013-14 will see a lower proportion of discounted sales,
better control over inventory levels. (MINT)
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Ready to take your standalone store national? Here's a road map
for the expansion. (Business Standard)
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Step by Step
Read the
article
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The Return of Retail
Read
the article
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The economy may be slowing down, but Indian retail is back with
a bang. (Businessworld)
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Regulations govering foreign investment in retail limit Tesco's
flexibility and operational framework in India. (Business Standard)
|
Tesco treads cautiously in India
Read the
article
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Damp Squib
Read the
article
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FDI in multi-brand retail yet to take off as cautious investors
wait and watch. (The Week)
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Gap, H&M and Uniqlo are among the international heavyweights
turning their attentions to India following economic reforms that
have finally opened up this potentially lucrative market. (Drapers)
|
Global Report: India
Read
the article
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Women driving demand for branded sunglasses
Read
the article
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Availability of multiple brands, and a marked shift towards them
is driving growth for branded subglasses in India, say experts.
(MINT)
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The British retail brand has gone in for focused segmentation
in India to ease navigation by shoppers. (Business Standard)
|
Marks & Spencer boosts sub-brands
Read
the article
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Decathlon sets off with 100% FDI in sports retail
Read
the article
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French group Auchan has announced its first retail store, Decathlon,
in Bangalore. It is the first big-format niche retail chain to
open in an increasingly fitness-conscious urban India that craves
for sporting space and quality equipment. (Forbes India)
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5-7 more foreign players are keen to give the likes of Starbucks,
Coffee Bean and Costa a run for their rupee income. (DNA -
Daily News & Analysis)
|
Global cafe chains look to steam open India
Read
the article
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Startup Services for Entrepreneurs Focused on Low-Income
Markets
Read
the article
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Ennovent, a company that accelerates innovations for sustainability
in low income markets, is launching its new offering, Startup
Services, in partnership with Deutsche Gesellschaft für Internationale
Zusammenarbeit (GIZ). (Yourstory.in)
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After an indifferent performance in the past few years, the
Aditya Birla group's retail chain has gone for a course correction.
The new mantra is: cautious aggression. (Business Standard)
|
'More' in comeback mode
Read
the article
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A Safe Passage to India
Read
the article
|
India is one of retail's most attractive developing markets,
but it's also one of the most difficult to enter. Liz Morrell
reports on how the doors are beginning to open. (Retail Week)
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Imagine walking into a McDonalds outlet for a McSpicy
Paneer burger and also getting to pick up a cup of cappuccino
from a Cafe Coffee Day (CCD) counter inside. (DNA - Daily News
& Analysis)
|
Frenemy format: Will McDonald's, CCD share table?
Read
the article
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Multinationals in the spotlight as officials get tough
on tax
Read
the article
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Multinational corporations such as Vodafone, Shell and Nokia
are rarely out of the business pages as the Indian tax officials
seemingly never-ending chasing of unpaid taxes gives daily fodder
to the Indian press. (International Bar Association)
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Several foreign fashion brands have split with their local (Indian)
partners in the past five years. Taneesha Kulshrestha explores
what went wrong with the relationships. (Outlook Business)
|
Changing Partners
Read
the article
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Fossil, Decathlon, Promod cleared for FDI
Read
the article
|
French brands Promod, Decathlon and Le Creuset and U.S. firm
Fossil Inc. will invest a total of Rs. 7.5 billion, or about US$140
million, in India. (WWD - Womens Wear Daily)
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Aigner, the German luxury brand, and Genesis Luxury, the up-market
retailing arm of Genesis Colors, have ended their tie-up in the
country, as their plans did not go as expected. (Business Standard)
|
Aigner, Genesis Luxury part ways
Read
the article
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Zara's Indian unit Inditex Trent made profits in two out
of the three years
Read
the article
|
In India, where some of the best-known international labels have
met their Waterloo, Zara has proven to be adept at selling fine
feathers to the fashion-conscious. (The Economic Times)
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After weak demand and piled-up inventory forced clothing retailers
to give discounts for longer than usual in 2012, companies such
as Arvind Lifestyle Brands Ltd, DLF Brands Ltd and Lifestyle International
Pvt. Ltd say they will not extend their sale period this year.
(MINT - A Wall Street Journal Partner)
|
Retailers likely to curb sale periods after prolonged discounts
in 2012
Read the
article
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Future Group: The Next Big Thing
Read
the article
|
Retail king Kishore Biyani now wants to be an FMCG giant and
he has just taken the first few steps in that journey. (Businessworld)
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Its not even mid-January yet, but a "flat 50% off"
sale is already on at an apparel brand outlet at Mumbai's poshest
mall. (DNA - Daily News & Analysis)
|
At malls, sale signs are up real early
Read the article
|
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An attempt to make chai cool again
Read the article
|
Teas popularity in Indian homes, in fact, acts against
its image. Coffee is considered a lifestyle statement, while tea
is ordinary. (DNA - Daily News & Analysis)
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Consumers wait for incomes to rise, prices to fall and interest
rates to drop to splurge. But retail players have their task cut
out: they need to survive in the short term to remain in business.
(Financial Chronicle)
|
If we get money, will spend
Read
the article
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Levis struggles to be a regular fit for GeNext
Read the
article
|
After dominating the organised denim market over the past decade,
competition from other global brands as well as a rash of local
labels have resulted in a disconnect for Levi's with the youth.
(The Economic Times)
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Quality space and high street seem to sell even in a slow economy.
While many malls in the country are going vacant and space supply
surpassing demand in many cities, shortage of quality space and
heavy demand from retailers for high-footfall areas have pushed
up high-street rents. (Business Standard)
|
Rentals go through the roof on high street
Read the
article
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McDonalds to go in for makeover
Read
the article
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Firm aiming to revamp look of restaurants in south, west India
to retain maturing customers. (Financial Chronicle)
|
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His rivals and analysts may not agree, but Future group Founder
and CEO Kishore Biyani insists that his mall concept, Central
and discount chain Brand Factory, have become the largest
department store network in the country. (Business Standard)
|
Biyani's next big thing: Central & Brand Factory
Read
the article
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Festival season worst in 4 years
Read the
article
|
This festival season was the worst in 4 years say retailers,
with only some big box retailers witnessing a bumper sale this
season. (The Hindu Businessline)
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E-commerce sites are giving out home makeovers, wardrobe offers
and free gift deliveries during the ongoing festive season to
woo customers. Most of the sites offer additional products, other
than discounts, to lure customers. (Business Standard)
|
E-tailers woo customers with gifts this festive season
Read
the article
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Retailers not bullish this festive season
Read
the article
|
With consumer spending still not encouraging, retailers are not
as ambitious on their prospects this festive period as compared
to the previous years even as they expect a pick up in sales.
(The Times of India)
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The Seattle-headquartered Starbucks opened its first store in
India, kickstarting what could be a sedate rollout, going ahead.
(Daily News & Analysis - DNA)
|
At Horniman Circle opener, Starbucks sets premium tone
Read
the article
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How to get the best deal for your car
Read the
article
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"Bring the old and take a new one." Manufacturers and
dealers of white goods and cars come up with exchange offers during
the festive season. (The Economic Times)
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A welcome sign in six languagesHindi, Marathi, Tamil,
Gujarati, French and Englishgreets customers at the entrance
to Indias first Starbucks store, which opened Friday at
Horniman circle in south Bombay, offering a glimpse of the localization
that the Tata group and Starbucks Corp. are attempting. (MINT)
|
Starbucks opens its first store in India
Read
the article
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Mahindra Group to change product mix, may open stores outside
India
Read
the article
|
Mahindra Group plans to rejig its retail business by changing
the product mix at its stores with more apparels, expanding aggressively
through franchisee stores and even setting up stores abroad.
(The Economic Times)
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After opening 100 stores in the last four years under Mom
& Me brand, Mahindra Retail, the low profile retailing
arm of of $15.5 billion Mahindra Group, wants to go full steam.
(Business Standard)
|
Mahindra plans retail blitz
Read
the article
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VIP repositions itself as lifestyle brand
Read
the article
|
VIP, the luggage company, is positioning itself as a lifestyle
brand by diversifying into handbags under the brand name Caprese.
(MINT)
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Durables makers and retailers are pushing premium products this
festive season with discounts, gifts and attractive finance schemes
to improve their overall profitability. (The Economic Times)
|
Big festive offers on high-end items
Read
the article
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Ikea explores giving India touch to different products
and designs
Read
the article
|
A few months ago, a team from IKEA visited Indian homes across
various income groups to understand what kind of design and products
could work in India. Experts say a localisation strategy will
help IKEA connect with Indian consumers. (The Economic Times)
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Separate consumer surveys have found that consumer sentiment
continues to remain subdued and is unlikely to improve in a hurry.
(Daily News & Analysis - DNA)
|
Slowing same store sales to hurt retailers
Read
the article
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Madura to enter kidswear segment
Read
the article
|
Madura Fashions and Lifestyle is stitching plans to reposition
its premium menswear brand Allen Solly as a family product. The
company will enter the kidswear segment early next year with a
formal national roll-out. (The Hindu Businessline)
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Grocery portals and online retail models abound. But only those
that can keep costs low will survive. (Businessworld)
|
Now, Add To Online Cart: Groceries
Read
the article
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Infiniti Retail buys Woolworths India
Read
the article
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Infiniti Retail, Tata Sons wholly owned subsidiary that
runs Croma consumer electronic goods chain, has acquired Australian
major Woolworths Wholesales Indian arm. (Daily News &
Analysis - DNA)
|
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FMCG companies are dusting off their strategy of selling products
in small sized packs to prop up falling sales in the discretionary
food segment. (Daily News & Analysis - DNA)
|
Smaller packs see big interest
Read the
article
|
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Durables brands offer free gifts, discounts to buck slowdown
Read
the article
|
Consumers can look forward to some mouth-watering bargains this
festive season as white goods makers and lifestyle retailers ready
to dole out freebies and special discounts to prop up demand at
a time when sales have slowed down. (The Economic Times)
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What gets the average kiranawallah excited about joining the
country's top retailer when opposition leaders are in the streets
saying the government's decision to allow foreign investment in
multi-brand retail sounds the death knell for corner shops?
(The Economic Times)
|
Grocers want franchises of KB's Fair Price format
Read
the article
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|
India's Retail Reform
Read
the article
|
Moves last week by the Indian government to open the country's
multi-brand retail sector to foreign investment have been hailed
as everything from a "historic decision" to a "big
bang" reform. (just-style.com)
|
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The Indian luxury market is going through a shake-up. Even as
the country went full throttle in projecting itself as the most
happening destination for luxury sales, recent developments seem
contradictory. Why is there a shake-up in the market? (Week)
|
The luxe flux
Read the article
|
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|
Discount apparel mart halves
Read
the article
|
Things haven't turned out as per expectations for discounters
as fewer footfalls and inventory pile-ups have reduced the industry
to half in the last one year. (Daily News & Analysis -
DNA)
|
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Indias retail industry, which is pegged at $450 billion,
could expand manifold with the opening up of foreign direct investment
(FDI) on Friday. (Daily News & Analysis - DNA)
|
53 cities qualify for retail FDI
Read
the article
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Economic reforms finally take off
Read
the article
|
A day after it raised the prices of diesel and restricted supply
of subsidized LPG, the United Progressive Alliance (UPA) government
decided to push its political gamble further by opening up multi-brand
retailing, civil aviation and the broadcast sectors. (Forbes)
|
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Ben and Jerrys Homemade Inc. signature ice cream flavours
may soon be available in India, joining other international and
domestic food and snack brands expanding in the country. (MINT)
|
Ben & Jerrys may come to India
Read the
article
|
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|
Kolkata highest revenue-grossing market
Read
the article
|
So what if West Bengal Chief Minister Mamata Banerjee fights
tooth and nail against foreign investment in retail, Kolkata has
emerged a true city of joy for big retailers and fast-food chains
since she came to power. (The Economic Times)
|
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Poor same-store sales have forced many stores to extend the sale
period, boosting volumes but impacting margins. (Hindu Businessline)
|
Festive sales may fall flat on extended discount
season
Read
the article
|
|
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|
Bharat surpasses India in consumption
Read
the article
|
For the first time in a quarter century, rural India outdid urban
consumption in the past two years. Rural spending rode on a big
increase in incomes, mainly resulting from non-farm jobs and rural
employment guarantee schemes. (Financial Chronicle)
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Stung by a consumption slowdown and cut-throat competition from
other quick-service chains, Big Mac is trying hard to give customers
more reasons to come to its stores. So its latest India
menu now comprises a differential pricing strategy and better
in-store experience. (Business Standard)
|
Big Mac's different strokes
Read the article
|
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|
Macros spook food joints, but only just
Read the
article
|
Now, macroeconomic woes are impacting even quick service restaurants
(QSRs), the 150-3,000 square feet neighbourhood dine-in / takeaway
food joints that serve up your pizzas, burgers and rolls. (Daily
News & Analysis)
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Retailers are bleeding. The sale season whose duration
has been stretched of late, has pushed brands and retailers to
despair, in spite of shoppers frenzy. (Daily News &
Analysis)
|
Sale frenzy morphs into retail worry
Read the
article
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Max signs pact with Frances Auchan, to rebrand India
stores
Read the
article
|
Max Hypermarket India, part of the Dubai-based retailer Landmark
group, has signed a franchise agreement with French retailer Auchan
for India. (Financial Chronicle)
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The Future Group is rationalising its retail formats and space
and looking to to focus on better inventory, more efficient store
operations. (Financial Chronicle)
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Pantaloon cuts Food Bazaar, eZone outlets in major rejig
Read
the article
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Big Bazaar goes online in Mumbai
Read
the article
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Big Bazaar's move to create an online presence could boost sales
without the proportionate store, salary costs. (Financial Chronicle)
|
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People may not love the rains, but monsoon sales are the favourite
with most of them, but is that the best time to buy? (The Economic
Times)
|
Avoid impulse-buying at a sale
Read
the article
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|
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Thinking Small
Read
the article
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In the wake of the Pantaloon Retail deal, Biyani is focusing
on expanding Centrals footprint: scaling down size to scale
up operations. (Businessworld)
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Coffee consumption has kicked off exponentially in the Indian
market and the latest player to offer the cuppa is Swiss brand
Coffee World. (Pitch)
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Coffee World to invest Rs. 50 crore in expansion
Read the
article
|
|
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Govt Seen Relaxing Rules To Keep IKEA Interested
Read
the article
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The government appears set to relax sourcing rules for retailers,
anxious not to scare off IKEA. (Businessworld/Reuters)
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Foreign investment in India has slowed down in recent months,
but a recent United Nations survey says Asia's third largest economy
continues to be an attractive investment destination for global
companies. (Voice of America)
|
FDI Slows, But India Still Attractive
Read
the article
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What Ikea brings to the table
Read
the article
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The price warrior has to tweak its do-it-yourself strategy in
India. (Business Standard)
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The desire to use expensive stationery is on the upswing despite
the advent of tablets and hand-held devices changing the way people
communicate. (MINT)
|
Growing connoisseurs of premium stationery
Read
the article
|
|
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Ikea goes flat out with ideas in India
Read
the article
|
Ikea wants to bring its collapsible furniture to India and plans
to conquer the country with a massive plan that includes a nearly
US$1.8 billion investment drive. (The National)
|
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Two major international brands, IKEA and Coca-Cola, have announced
plans to invest billions of dollars in the country. (Channel
News Asia)
|
IKEA, Coca-Cola make inroads into India
Read
the article
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Whats your fit - slim, super slim or skinny?
Read the
article
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A new generation of young male consumers doesnt seem to
mind agonizing over choices when buying fashionably tight-fitting
clothes. (MINT)
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Statistics from the nodal agency that clears foreign investments
reveal that a number of top brands have put forth proposals to
increase their stake in a JV or expand their presence in India.
(Fashion United)
|
Global brands relook at India partnerships
Read
the article
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Men join women in the boot camp
Read
the article
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Mens love affair with their shoes is gathering a lot of
steam in India, and several upscale overseas and local brands
think it worth their while to vie for custom. (MINT)
|
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Ikea has submitted a proposal to invest €1.5 billion, with
plans to open 25 stores in Asia's third largest economy and source
$1 billion stock from India in coming years. (Reuters and
MINT)
|
IKEA proposes to invest €1.5 billion in India
Read
the Reuters article and
Read the MINT article
|
|
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Suntory forms JV with majority stake in India
Read
the article
|
Japanese conglomerate Suntory, known for its whiskies and beers,
has picked up majority stake in a subsidiary of Mumbai-based Narang
Group to enter India's non-alcoholic beverage market. (The
Economic Times)
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Anita Dongre, lifestyle and fashion designer, has used a strong
market segmentation strategy and a well-planned retail presence
to establish herself. (Pitch)
|
Anita Dongre creates designer labels for masses
Read
the article
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Indian retailers retrench as reform hopes dashed
Read
the article
|
Six months after the government backtracked on plans to allow
foreign retail giants such as Wal-Mart Stores and Carrefour to
form joint ventures, cash-starved domestic chains are selling
assets, shutting stores, and scaling back expansion plans. (Reuters)
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Mukesh Ambani, chairman of Reliance Industries, continues to
be optimistic about the conglomerate's retail business. (Financial
Chronicle)
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Reliance Retail targets Rs. 40,000 cr in 3-4 years
Read
the article
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Modern retail: Small town India checkmates metros
Read
the article
|
Tier II towns are in the midst of a retail revolution, where
supermarkets and hypermarkets are booming, offering a wide array
of choices and cool comfort to shop. For retailers, doing business
here means lower rentals and other costs. (Daily News and Analysis)
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Sluggish demand has led lifestyle retail chains to post weak
same-store sales in January-March 2012 and lower growth estimates
for this fiscal. (The Economic Times)
|
Lifestyle retail chains post weak same-store sales in January-March
quarter
Read
the article
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Pantaloons Sell Out: Season's First Sale
Read
the article
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After the Pantaloons-Aditya Birla Nuvo deal, more retail chains
are expected to follow suit. (Outlook Money)
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American doughnut maker Krispy Kreme has flagged off its India
plans barely a week after rival Dunkin' Donuts opened shop in
the country. (The Economic Times)
|
American doughnut makers Krispy Kreme and Dunkin' Donuts
now play out rivalry in India
Read
the article
|
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Spar and Max Decide to Part Ways
Read
the article
|
Dutch retailer Spar International and Dubai-based Landmark Group's
Max Hypermarkets have decided to part ways in India by the end
of this year after the two developed differences over expansion
strategy. (The Economic Times)
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What really went wrong with the way Reebok was run? According
to a top North India-based distributor, the franchisee model running
for the last few years was flawed. (The Hindu Businessline)
|
'Flawed' Sales Model Stops Reebok Run
Read the article
|
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Consolidation - Key to Organized Retail
Read
the article
|
The sale of a controlling stake in Pantaloon Retail to Kumar
Mangalam Birla has showed consolidation as a path forward for
Indias staggering organized retail sector. (Fashion United)
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The Pantaloon-Aditya Birla Nuvo deal is a win-win situation for
both the companies. (Businessworld)
|
Future Perfect
Read
the article
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Walmart declares war on Amazon
Read
the article
|
Walmart is to set up a global platform in Bangalore joining e-commerce
websites in different countries. (Businessworld)
|
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Pantaloons is to be demerged from Pantaloons Retail India Limited,
the Biyani flagship, but even with a majority stake of the Aditya
Birla group may continue to be led by PRIL's management. (Financial
Chronicle and Businessworld)
|
Aditya Birla Nuvo To Buy Pantaloon
Read
the article from Businessworld
Kumar Birla gets all of Pantaloons chain
Read the article from Financial Chronicle
|
|
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Next, Vijay Sales and other retailers go slow on Samsung
after margin cut
Read the
article
|
More than 750 electronics stores in India have either stopped
selling Samsung products or cut back on fresh orders after the
Korean brand slashed dealer margins on its televisions and home
appliances early this year. (The Economic Times)
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Tata International is set to distribute Merrell & Caterpillar
footwear, apparel brands in India. (Financial Chronicle)
|
Tata International forms JV with Wolverine
Read
the article
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Jawed Habib: 50 salons abroad with P&G help
Read the
article
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Hair stylist Jawed Habib, with more than 300 salons across India,
plans to take his venture global in a strategic partnership with
Procter & Gamble. (The Economic Times)
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A new government circular clarifying FDI norms puts a question
mark on Indias e-tailing companies. (Businessworld)
|
Endgame For E-Tail?
Read
the article
|
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At This Eatery, It's A Free For All
Read the article
|
Ajay Jain has built his business -- the Kunzum Cafe -- on love
and fresh air
almost! (Forbes India)
|
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Futurebazaar.com was set up around five years ago as a B2C business,
but is now looking to tap into B2B corporate gifting with more
products and deals. (Financial Chronicle)
|
Futurebazaar.com to add B2B to B2C arm
Read the
article
|
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|
Mumbai bubble just waiting to burst
Read
the article
|
Mumbai has all the appearances of a city with an unsustainable
property market with house prices and rents at exorbitant levels
right across the islands. (The National)
|
|
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Once again the Central Government doesn't seem to have listened
to retailers' calls. Janees Reghelini analyses this year's budget.
(Retail Today)
|
Retail Still in the Cold
Read the
article
|
|
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Versace, Guess, Corneliani set to split from their Indian
partners
Read
the article
|
International fashion brands Versace, Corneliani and Guess are
breaking away from their current Indian partners. (The Economic
Times)
|
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Eating out joints, including youth centric quick service restaurants
such as McDonald's and Subway, now have a loyal clientele among
senior citizens. (The Economic Times)
|
Restaurants add senior citizens to their platter
Read
the article
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Premji fund buys 5% in Trent
Read
the article
|
Azim Premji's investment fund, PremjiInvest, has bought nearly
half the shares on offer in the recently concluded qualified institutional
placement (QIP) of the Tata groups listed retailer Trent.
(Financial Chronicle)
|
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Major Brands India, the India partner of premium brands such
as Mango, Charles & Keith and Aldo is now looking to add some
heft in the affordable brands segment. (Financial Chronicle)
|
Major Brands eyes affordable fashion space
Read
the article
|
|
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Workwear segment poised for huge growth
Read the article
|
The session on Workwear Market Scenario in India
on the second day of InFashion 2012 at Mumbai focussed on the
consumption potential of the workwear segment. (Indiaretailing.com)
|
|
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Planet Retail plans to reduce and restructure the pace of expansion
in India across brands and may miss its break-even target.
(MINT)
|
Planet Retail cuts investment, expansion plans
Read the
article
|
|
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|
Men, Why even they shop till they drop
Read the
article
|
Indian men have turned into experimental shoppers. There is
a similarity between males and females with respect to experimenting
with new things. (The Economic Times)
|
|
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Titan Industries, which started with a watch brand, is taking
a fresh gamble -- to turn into a full-scale lifestyle company.
(The Times of India)
|
Titan bid to Fastrack into a lifestyle brand
Read the article
|
|
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|
Say Laddoo, pickle and cheese
Read the
article
|
India's traditional cuisine is holding its own in the company
of Western foods like Dutch Gouda and Italian Parmigiano in modern
retail stores. (Daily News & Analysis - DNA)
|
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Prepaid cards have become the latest retail tool to keep consumers
hooked to brands, offering convenience and safety. (The Times
of India)
|
Retail chains adopt prepaid cards
Read the
article
|
|
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|
Marks & Spencer's changes Indian chief
Read the
article
|
Marks and Spencer's has appointed Venu Nair as head of its India
operations, replacing CEO Martin Jones who is moving back to the
UK. (The Economic Times)
|
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|
Homemakers are likely to love this - someone cutting vegetables
for them for free, someone making chappatis for them, again at
no charge. (The Times of India)
|
You can now have vegetables cut free
Read
the article
|
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Future revives JV deal with Skechers shoes
Read
the article
|
The Future Group has revived JV talks with Skechers (USA) and
seconded one of its seniormost executives as CEO of the proposed
JV. (Financial Chronicle)
|
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|
Several companies are trying to organise the home-focused services
sector in India and bring in professionalism. (Mint)
|
Home maintenance goes corporate
Read
the article
|
|
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|
Amazon makes quiet entry into India
Read
the article and Our
Perspective
|
The world's largest online retailer is tiptoeing into India,
using cover from a comparison shopping site Junglee.com it acquired
13 years ago. (The Economic Times)
|
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|
As the ice cream market in India evolves and there is much more
on offer, single scoops and the common flavours are no longer
enough for many consumers. (Daily News & Analysis - DNA)
|
Folks are dining on ice cream!
Read the article
|
|
|
|
|
Retailers try to sell more for less
Read
the article
|
Spending on the High Street has never been cheaper for such
a long period of time. Some of the biggest brands are literally
shouting from the rooftops that they are offering up to 70% discounts.
(Business Standard)
|
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The world's second-largest apparel retailer Hennes & Mauritz
(H&M), which usually enters large markets on its own, is not
so sure about opening shop in India despite finding the market
"interesting". (The Economic Times)
|
Hennes & Mauritz wary of entering in India
Read
the article
|
|
|
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|
Bombay Store aims to grow younger
Read the
article
|
More than a century old, The Bombay Store is looking to attract
youth with The Elephant Company, a young, quirky brand. (The
Hindu BusinessLine)
|
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|
Dutch-based supermarket chain Spar International plans to partner
with multiple firms to expand its retail presence in India, a
senior company executive said on Wednesday. (Mint)
|
Spar plans tie-ups with multiple firms
Read the
article
|
|
|
|
|
Will luxury brands lap up 100 pc FDI?
Read
the article
|
Contrary to popular belief that allowing 100 per cent in single
brand retail will give impetus to luxury brands in India and bring
down costs, experts have a more conservative view. (Pitch)
|
|
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India Inc has welcomed the lifting of the foreign direct investment
(FDI) limit to 100 per cent on single brand retail. But retail
sector specialists do not expect a stampede of investments any
time soon. (The Hindu BusinessLine)
|
Never mind 100% FDI, foreign chains may not rush in
Read
the article
|
|
|
|
|
100% FDI approved in single brand retail
Read
the article from The National and Read
the article from Retailer
|
The Manmohan Singh government has finally given its nod for
the relaxation on the existing 51 per cent FDI in single brand
retail, increasing it to a much awaited 100 per cent. Indians
could soon experience the unique frustration of assembling Scandinavian
flat-pack furniture as stores such as Ikea are to be allowed to
open in the country. (from The National-UAE and Retailer)
|
|
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|
Apparel retailers in India are extending their end-of-the-season
discount sales period to clear inventory that has been piled up
due to slowdown witnessed in earlier months. (Fibre2Fashion)
|
Indian apparel retailers extending sales
Read
the article
|
|
|
|
|
Minding other people's business
Read
the article
|
The entry of Future Supply Chain Solutions into multi-brand
retail via a subsidiary has given some regional brands the kind
of exposure they could only aspire to before. (Business Standard)
|
|
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Andhra Pradesh government seeks tie-up with Tesco, Bharti-Walmart
Read
the article
|
The Andhra Pradesh state government is drawing up plans to open
swanky supermarkets, venturing into the multi-brand retail territory
with multinational retailers such as Walmart and Tesco, but the
proposed partnership will need alignment of objectives.(The
Economic Times)
|
|
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2012 will be the year of moderation in consumer spending across
durable, consumer goods and apparel, as industry experts foresee
an unfavourable sentiment gripping consumers, which could make
companies cautious in their growth talk. (Daily News &
Analysis - DNA)
|
After festive cheer, grim reality
Read
the article
|
|
|
|
|
Four brands nearing Rs. 500 cr annual revenue
Read
the article
|
With critical mass now available in the Indian market, four
companies have a positive outlook despite the gloomy overall economic
scenario, targeting 100 million dollars each in sales. (Mint)
|
|
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|
|
Football clubs are jumping on the Indian sportswear bandwagon,
pursuing the huge scope for growth in a US$900 million market.
(The National)
|
Football and India -- a friendly match
Read
the article
|
|
|
|
|
Retail executives turn entrepreneurs
Read
the article
|
India's retail industry is buzzing with entrepreneurial activity
as a growing number of retail professionals trade in salaries
for their own wall art chains, lingerie brand, and beer cafes.
(The Economic Times)
|
|
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|
FDI in retail will usher in changes in the shopping experience,
believe experts. But, even without it, Kerala's textile retailers
have been dressing up in style. A look at the action. (The
Hindu - BusinessLine)
|
God's Own Retail Lab
Read
the article
|
|
|
|
|
Retailers anxious, government seems confident
Read
the article
|
The industry is turning nervous about the prospects of single-brand
retail, since the government has yet to notify a Cabinet decision
raising the foreign investment level to 100 per cent, from the
current 51 per cent. (Business Standard)
|
|
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Reliance Industries, a $50-billion-plus oil and gas giant, will
enter the fast-food business with its own brand next year, opening
yet another front to do business directly with India's growing
young population. (The Economic Times)
|
Reliance Industries to enter fast-food business
Read
the article
|
|
|
|
|
Try, Try, Try Again
Read
the article
|
Foreign investment could change the way India retail firms function.
But for now, most proponents of the policy will have to swallow
their disappointment and hope that the government gets its act
together enough to put it back on the agenda. (Businessworld)
|
|
|
|
|
With plans for raising FDI in single-brand retail from 51% to
100% getting the green signal, albeit possibly with riders, all
is not lost for India Inc. (Outlook)
|
Get Ur Swoosh On
Read
the article
|
|
|
|
|
New FDI rule hits roadblock in India
Read
the article
|
Some predict foreign investment will herald a consumer revolution
in the huge retail sector, some forecast doom for countless small
traders and farmers. (China Daily Asia Pacific)
|
|
|
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|
Traders in Karnataka are livid at the Centres move to allow 51%
FDI in multi-brand retail, fearing that their business will be
hit by predatory pricing. (The Times of India)
|
Traders fear FDI will bring predatory pricing
Read
the article
|
|
|
|
|
Single-brand retail reform could see changes on high street
Read
the article
|
The move to increase the 51% limit on foreign direct investment
(FDI) in single-brand retail hasnt attracted much attention,
but could see a change in existing relationships and lead to a
transformation of the Indian high street. (MINT)
|
|
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|
|
The Indian government has proposed allowing single-brand retailers
(such as the furniture giant IKEA) to wholly own stores in India,
while multi-brand retailers (like Wal-Mart and Carrefour) can
own a 51 percent stake. The moves, which have yet to be formalized,
could greatly impact the supply chain landscape in this country
of nearly 1.2 billion people. (American Shipper)
|
India opens door to foreign retailers
Read
the article
|
|
|
|
|
Will FDI in retail help Biyani finally tie up with Carrefour?
Read
the article
|
After foreign direct investment in multi-brand retail was approved
by the Indian Government, could the Future Group enter into negotiations
again with French retailer Carrefour? (The Hindu Businessline)
|
|
|
|
|
The supply chain efficiencies of cash-and-carry operations such
as Metro are mainly beneficial to small retailers, as large format
retailers choose to go direct to suppliers. (The Hindu Businessline)
|
Cash-and-Carry focussed on small retailers
Read
the article
|
|
|
|
|
Targeting the savvy shoppers in India
Read
the article
|
Kenneth Cole's entry into India comes at an opportune time -
the American company wants to attract the young, brand-aware segment
of consumers. (The National)
|
|
|
|
|
Starting with bookings for two of India's biggest obsessions
- Bollywood films and cricket matches - e-ticketing companies
have now diversified into other events too. (Business Today)
|
E-ticketing websites go all out
Read the
article
|
|
|
|
|
India Tops Retail Shrinkage List
Read the
article
|
Indian retailers suffered the highest loss of stocks to theft
in the world, but the silver lining was that India is the worlds
only country where the shrink rate came down in 2011, according
to the Global Retail Theft Barometer 2011.(Asian Correspondent)
|
|
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|
|
Retailers are countering the economic slowdown by offering interest-free
equated monthly instalment (EMI) schemes, which they say are not
only helping them pull customers into stores but also encouraging
shoppers to buy higher value products. (The Economic Times)
|
Interest Free EMIs offered by retailers
Read
the article
|
|
|
|
|
Gulliver's Travails
Read the article
|
The Lilliput Kidswear controversy could lead to irreconcilable
differences, and weaker valuations. (Businessworld)
|
|
|
|
|
Tommy Hilfiger is taking direct control of its operations to
integrate India into its global sourcing and design programmes.
(Business Standard)
|
Tommy Hilfiger goes in for solo play
Read
the article
|
|
|
|
|
Falling Footfalls
Read
the article
|
Vishal Krishna presents an in-depth analysis on why only a handful
of Indias hundreds of malls make money, the 7 deadly sins
that failed malls committed and what some of them are doing to
correct course. (Businessworld)
|
|
|
|
|
High prices and economic uncertainty appear to be turning consumers
stingy, if not altogether unwilling to spend. (Daily News &
Analysis)
|
As goods turn dearer, bargain hunters grow
Read
the article
|
|
|
|
|
Buoyant Expectations
Read
the article
|
Even as participants at the Indian Retail Forum in Mumbai, the
industrys annual jamboree, are being cautiously optimistic,
preliminary data from the first quarter of 2011-12 (FY12) reinforce
the perception of a slowdown. But growth of space expansion continues.
(Businessworld)
|
|
|
|
|
Cafe chains in India are offering more than coffee to stay ahead
of impending competition. (Businessworld)
|
A New Brew
Read
the article
|
|
|
|
|
Tommy Hilfiger buys out Murjani in JV
Read
the article
|
Tommy Hilfiger Group has bought out the Murjani Group’s 50% stake
in the latter’s joint venture (JV) with clothes maker Arvind Ltd
for an undisclosed sum, as part of a global strategy of consolidating
its operations and having a more direct role in its various markets.
(MINT)
|
|
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|
Shoppers Stop will be the launchpad for Paris Hilton's eponymous
brand of handbags and accessories in India. (The Economic Times)
|
Paris Hilton to launch at Shoppers Stop
Read
the article
|
|
|
|
|
All for personal taste
Read the
article
|
To capture the hearts of millions of ever demanding consumers,
a tweak in the products has become the ace card for a marketing
game plan. (Retailer)
|
|
|
|
|
Reliance Retail has begun door-to-door direct selling through
housewives and housing societies to boost sales of its private
brands such as Sudz detergent, Amara soaps and Healthy Life food
items. (The Economic Times)
|
Housewives to peddle Reliance retail wares
Read
the article
|
|
|
|
|
Looking for good bargains? Go online
Read the
article
|
Indian websites like snapdeal, taggle, sosasta, mydala offer
up to 90% discount, pushing growth of online sales. (The Economic
Times)
|
|
|
|
|
Indian personal-care (FMCG) companies have registered significant
increases in revenue despite commodity inflation, as consumption
patterns have gained momentum. (Businessworld)
|
The Time for Personal Growth
Read the
article
|
|
|
|
|
Consultants, developers set up mall management firms
Read
the article
|
Mall developers entering an increasingly crowded market are calling
in experts to help them design and run their new projects. (Mint)
|
|
|
|
|
Who doesn't love to strike a deal, with discounts from 10 per
cent to 90 per cent on lifestyle products and services? This is
why group buying (discount deals) websites show strong potential
in India. But there are many variables that these businesses need
to pay attention to in order to succeed. (The Smart CEO)
|
The Art of Selling Discounts
Read
the article
|
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Denizen: A new avatar
Read the article
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Levi's, with the launch of Signature, was being perceived as
a mass brand. Can it make a U-turn after phasing out Signature
and bringing in Denizen? (Pitch)
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Apparel sales in the country have slumped about 20% since March,
forcing many brands to start end-of-season discount sales two
weeks earlier than usual. (The Economic Times)
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Apparel sale slump after imposition of excise duty on branded
garments
Read the
article
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Trent in talks with Inditex for one more brand
Read the
article
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Trent, the flagship retail arm of Tatas, is in talks with Spanish
retailer Inditex group to bring another fashion brand, Massimo
Dutti, to India. (Business Standard)
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Reliance's re-entry into the cash-and-carry business assumes
significance even as global retailers such as Walmart, Tesco,
Metro and Carrefour are expanding their presence in India, and
amid anticipation that the government is likely to ease foreign
direct investment (FDI) norms in retail. (Businessworld)
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Reliance Retail Refreshed
Read
the article
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RIL looks to re-enter cash-&-carry
Read
the article
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Three years after its experimentation with cash-and-carry retail
fizzled out, Reliance Industries Ltd (RIL) plans a strong comeback.
(Business Standard)
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Considered as a mass brand in Spain, Zara came to India as a
premium brand and has managed unprecendented success. How did
Zara get its 4Ps right? (Pitch)
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Zara: Premium Fashion
Read the
article
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Major Brands-Promod Plan JV, 40 Stores
Read the article
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Major Brands (India) Pvt. Ltd, the local franchisee for fashion
apparel and accessories brands such as Mango, Aldo, Charles &
Keith and Nine West, will form a joint venture with French womenswear
retailer Promod. (Mint)
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Back in the race now, Shoppers Stop is gathering speed in expansion
even as it improves operational glitches. (Businessworld)
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Few Halts For Shoppers Stop
Read the
article
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Squeezing More Juice Per Fruit
Read the
article
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Drink makers are busy courting the thirsty and the health-conscious.
Fruit beverage is seen as the next big squeeze, growing at a healthy
clip of 25 per cent year-on-year. (Businessworld)
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Beaten on its home turf Delhi, the $1-bn Mother Dairy is crafting
a new strategy to win back its base and go national. Mother Dairy
is placing emphasis on value-added, high-margin products. (The
Economic Times)
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Billion-dollar Mother Dairy's new strategies
Read the
article
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A New Lifestyle
Read the
article
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Micky Jagtiani's Lifestyle International went slow when others
were rushing. Now, it is ready with massive expansion plans in
the Indian market. (Businessworld)
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Consumers are back to shopping with a vengeance. Retail rents
are rising, too. (Businessworld)
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Rush for Space Begins
Read
the article
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Western chains flock to India as fast food grows
Read
the article
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A number of fast-food and cafe chains that are flocking to India
would do well to take away lessons learned by established rivals
such as McDonald's in navigating a market beset with obstacles.
(Reuters)
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Inditex entered India with its flagship brand Zara on a Friday
in May 2010 and that day the South Delhi outlet recorded the largest
single-day sale by an international retailer in the country. The
journey continues in 2011. (The Economic Times)
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Zara favourite among Indian shoppers
Read
the article
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Makeover on the Shop Floor
Read the article
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Almost all established department store chains are reinventing
themselves in a bid to win customers who are spoilt for choice.
(Business Standard)
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A host of mall management companies are eyeing a INR 240 billion
market. (Businessworld)
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Maximising Footfalls
Read
the article
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Food Tech Holland Launched in India
Read
the article
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The Indian presence of the Dutch supply chain cluster, Food Tech
Holland, was formally launched by Ashok Sinha, Secretary, Ministry
of Food Processing Industries, at the recently held Food Forum
India 2011 in Mumbai. (Images Food)
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Group buying websites, mostly launched in the last one year,
plan aggressive expansion as they see record traffic for their
offerings. (Business Standard)
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Group buying sites eye expansion
Read the
article
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Retailer-manufacturer slugfest resurfaces
Read
the article
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The margin issue between retailers and manufacturers
has resurfaced big time whether between Reckitt and Future
or consumer durables giants and Tata groups Croma. (Business
Standard)
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The fledging retail sector in India will enter an expansion period
and witness large-scale consolidation with increasing competition.
(China Daily)
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Indian retail sector to see fast expansion and consolidation
Read
the article
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Home Truths
Read the
article
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Large Indian retailers are using private labels to differentiate
themselves from competition, but also to flex their muscles in
their relationships with brand manufacturers.(Business Standard)
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The textile industry has sought measures to boost exports of
apparels and textile products in a cost-competitive market and
easier access to funds for cotton buyers as it peaks in a year
of global shortage. (Reuters)
|
Textile firms seek exports boost in budget
Read
the article
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Shoppers Stops new strategy
Read
the article
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Shoppers Stop (SSL) has topped the list of the Most Respected
Companies in the retail category for the third year in a row.
The company has been rated No. 1 by its peers in all categories
except one. (Businessworld)
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Star Bazaar, the chain run by Tata-owned Trent Hypermarket, says
it used the economic slowdown to book properties when prices were
down, allowing it now to open more stores. (Business Standard)
|
Star Bazaar pats itself on slowdown strategy
Read the
article
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Britannia forays into breakfast mixes market
Read
the article
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FMCG major Britannia Industries has entered the Rs 5 billion
branded breakfast space dominated by players like MTR Foods, Kellogg
India, PepsiCo and Marico. (The Times of India)
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Starbucks is finally coming to India. The world's largest premium
coffee retail chain announced that it has entered into an agreement
with Tata Coffee for a strategic alliance. (Business Standard)
|
Tata Coffee brings Starbucks to India
Read
the article
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Retail Outlook 2011 the Year Ahead
Read the
article
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Retailers and mall operators in Singapore, Malaysia, the Philippines,
Thailand and India share their views and expectations for 2011.
(Retail Asia)
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Luxury retailers from across the globe are thronging India, where
they see a huge potential for growth. However, they do have to
tackle significant hurdles along the way. (Retailer)
|
Bumpy Road for Luxury Retail
Read the
article
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Biba split: new firm in the offing
Read the
article
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Bindra brothers split: Sanjay Bindra will sell his stake in an
all-cash deal in Biba Apparels Pvt. Ltd; new firm in the offing.
(MINT)
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The regional markets in the country are dominated by the regional
retailers. But national and international retailers are trying
to get better of them and are now modifying their offerings to
suit the regional tastes and preferences. (Retailer)
|
Streak of regional colour
Read
the article
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S Kumars goes in for branding rejig
Read
the article
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S Kumars now wants distinct segmentation for all its brands.
(Business Standard)
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There are strong arguments both in favour of and against the
MRP (maximum retail price). Can we try giving retailers a chance
to flex prices? (Indiaretailing.com)
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Time's up for MRP?
Read the
article
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Walmart: Back To The Front
Read
the article
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In two years, the global retailer has built-up an impressive
supply chain that no Indian retailer can match. (Businessworld)
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Airtel's brand is going to be visible on two different continents.
The company believes a change in the logo signals its readiness
to change. But do consumers agree? (The Economic Times)
|
Airtel's new logo comes in for criticism
Read
the article
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Britannia, Marico, PepsiCo spot a big opportunity
Read
the article
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Call it the breakfast war. The scramble to serve the first meal
of the day is getting busier with companies such as Britannia,
Marico, PepsiCo, Kellogg India and MTR Foods offering more and
more options to meet Indian consumers' rising demand for quick-fix
food. (The Economic Times)
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The Madras High Courts order rejecting Subhiksha's merger
proposition with Blue Green Constructions and Investment (BGCIL)
has put a big question mark on the revival of the retail chain.
(Businessworld)
|
Reverses On Revival Path
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the article
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A Brand New Story Everyday
Open
the PDF file 
|
Shweta Iyer talks about the pros and cons of launching a new
brand and tries to find a success mantra to survive in the industry.
(StoRAI - magazine of the Retailers' Association of India)
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After wooing customers with happy meals and extra-value meals,
Big Mac has added breakfast to its menu, which it believes will
keep the chain "ahead of competition". (Business
Standard)
|
Big Mac's New Menu
Read
the article
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|
Woodland's eco drive
Read
the article
|
Woodland, the outdoor shoe and apparel maker, wants eco-friendliness
to become its brand recall. Heres how it plans to grow.
(Business Standard)
|
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|
Indian beauty salon chains are looking to expand operations,
offer cheaper services and increase the share of product sales
in their earnings. (MINT - A Wall Street Journal Partner)
|
Indian beauty salon chains go on expansion spree
Read
the article
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The Hidden Cost
Read the
article
|
Do Indian retailers underplay the expense on a promotion while
assessing the success of a sale campaign? Is top line growth the
only purpose of a promotional campaign? Do the numbers at retail
justify the costs involved? These are burning questions that need
to be addressed while assessing the efficacy of this oft-used
tool. (Images Business of Fashion)
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Everything was on the track until the very famous after-effect
of worldwide recession hit the Indian retail industry. The blow
was too hard for some, and some ducked the impact. (Retailer)
|
Sustaining the not so sustainable
Read
the article
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The Complete Coffee Experience
Read
the article
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Initially, stocking additional merchandise was treated to be
a tool for branding but nowadays the same has managed to become
a source of additional revenue. (Retailer)
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As the competition heats up among shopping centres, what would
differentiate one from the other? The answer lies in localisation
of the shopping centre in line with local tastes and preferences.
(indiaretailing.com)
|
Go local, not global
Read
the article
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Call of the Mall for Reluctant Shoppers
Read
the article
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Reluctant shoppers who used to drag themselves to the market
even for that rare need-based shopping, dont mind walking
the clean corridors of some of the plush malls in town. (MINT
- A Wall Street Journal Partner)
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Back then, the sales were a much-awaited annual affair. Today,
discount sales run all year round. Modern retail appears to be
learning its lesson on right-pricing the hard way - the Indian
consumer will go where the value is. (Daily News & Analysis)
|
Retailers step up discounts
Read
the article
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Club Couture
Read the
article
|
'Couture equals bridalwear'- this perception is just the start
of many a symptomatic issue that ails the Indian fashion sector.
(Business India)
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The latest catwalk designs, at affordable prices. That's Zara's
promise. But to deliver that in India, it will have to tweak its
centralized business model. (Forbes India)
|
Fast Fashion - Zara in India
Read the
article
|
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|
Wadhawan Shuts Spinach
Read
the article
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Wadhawan Retail has decided to shut its Spinach food and grocery
stores. (The Economic Times)
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India is warming up to fair trade. But the concept remains a
niche market as companies are hesitant about taking it to the
masses. (Forbes India)
|
Fairtrade in India
Read
the article
|
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|
Taking The High Road
Read
the article
|
Foreign brands are lining up to enter the Indian market. Although
many have positioned themselves as premium brands, most have become
prudent enough to ensure that the prices are not beyond the reach
of the Indian consumer. Indians are willing to pay more for foreign
apparel brands. The brands themselves have lowered prices. And
the resultant boom is attracting more players into India. (Outlook
Business)
|
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Customers visiting a store are looking for either the width of
merchandise the variety of product lines offered
or the depth the number of each item or particular style
of a product on offer. Which is more important? (IndiaRetailing)
|
Width or Depth - A Critical Choice
Read
the article
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Foreign Players in Indian Retail
Read
the article
|
While multinational companies have preferred franchise models,
more are now seeking joint ventures and greater control over their
presence in India. (Span)
|
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|
Jewellery retailers looking at malls need to focus on those that
are consistent with their own product mix and standing. (interview
to Retail Jeweller)
|
Growing Jewellery Retail Through Malls
Read
the article
|
|
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|
Textile Mills Ride Realty Boom
Read
the article
|
India's top textile firms are generating additional revenue streams
by developing or selling precious real estate as land rates rise
in a buoyant economy.(Reuters)
|
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|
Even the cautious are now convinced about the Indian recovery.
The GDP projections are creeping up, production figures look good
and, more importantly, demand is back. Organised retailers are
heaving a sigh of relief with an uptick in sales after a bad year.
But one group in the organised retail business is still not smiling:
the mall owners. (Businessworld)
|
Malls - Surviving the Slump
Read the
article
|
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Policy Blow on Cash and Carry
Read
the article
|
A change in rules may have put a pause on organised retail's
expansion. (Businessworld)
|
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|
The marketing mantra may sound incongruous outsibad year. But
one group in the organised retail business is still not smiling:
the mall owde a bar, but retailers from a range of sectors have
started borrowing it to push sales in traditionally lean hours--betting
that everyone loves discounts. (MINT)
|
Retailers turn to happy hour discounts
Read the
article
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|
He wants more
Read
the article
|
Thomas Varghese wants to take the Aditya Birla Group's retail
chain "More" to the top by 2015. But he has to give
it an identity first. (Businessworld)
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Cigarettes to hotel major ITC entered the consumer products business
in 2007. In three years, it has managed to corner a two per cent
market share. The personal care sector holds immense appeal for
ITC due to the category's size and growth potential. (Business
Standard)
|
ITC tries to find its feet in personal care
Read
the article
|
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Won't need? Don't pay.
Read
the article
|
Is it worth paying extra for feature-laden appliances or extended
warranties? Not always. Find out why the price may not live up
to the promise. (Money Today)
|
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Retailers need to ascertain that the format, product assortment
and the location of their store assures profits. How do exclusive
branded outlets (EBO), shop-in-shop (SIS) and multi-brand outlets
(MBO) compare as different channels? (Indiaretailing.com)
|
It's All About the Format
Read
the article
|
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|
Spinach withers in economic slowdown
Read
the article
|
Grocery supermarket chain Spinach appears to be caught up in
a slide that has seen a number of Indian retailers, particularly
from low-margin food and grocery industry, down shutters in the
wake of the economic slowdown. (MINT)
|
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Aigner, the German luxury brand, and Genesis Luxury, the up-market
retailing arm of Genesis Colors, have ended their tie-up in the
country, as their plans did not go as expected. (Business Standard)
|
Another luxury partnership from abroad goes kaput
Read
the article
|
|
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|
Textile makers seek more funds for technology in Budget
Read
the article
|
The textile industry had been battered by the economic slowdown
for much of 2008/09 but has begun to recover in the past 2-3 quarters.
But analysts said that the government needs to quicken disbursement
of funds as there was no clarity on how soon a unit can receive
the funds under TUFS, which is essentially a low interest-rate
loan. (Reuters)
|
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|
The second rung of retail players is shaking things up. But in
a highly competitive market, smaller retail chains have cracks
in their business models. Can they take the next leap? (Feature
article from Businessworld, 23 January 2010)
|
Wild Cards
Read the
article
|
|
|
|
|
Retailers mull new strategies for small stores
Read
the article
|
Large retailers are trying to make their small food and grocery
stores viable by trying out new ideas. While some like Reliance
Retail are converting most of these stores into a deep- discount
value format, RPG Groups Spencers is looking at the
franchising route.
|
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|
As the New Year celebrations wear out sooner or later, bringing
to the fore the harsh realities, the first thing that is likely
to hit hard are the sharply rising food prices.
|
Hotter chillies, tangier tomatoes
Read
the article
|
|
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|
Global tie-ups, private labels to be buzzwords in retail
this year
Read
the article
|
Tie-ups with international retailers and brands, emphasis on
profitable growth and increased focus on private labels are set
to be key trends in the Indian retail sector in 2010, say retailers
and consultants that Business Standard spoke to.
|
|
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|
Parents continuously strive to do better for their children.
They play an indelible role in shaping up the eating habits of
their kids beginning at infancy. So when it comes the matter of
feeding their toddlers, urban Indians (parents) typically are
willing to go the extra mile in enhancing the nutrition quotient.
|
Nutrition Trust - No Child's Play
Read
the article
|
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|
High Cotton Prices Sour Rebound
Read
the article
|
An unforeseen drop in global cotton output has seen prices flare,
putting at risk the fragile recovery of India's textile industry
that was battered by the global recession earlier in the year
|
|
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|
|
"Rather than trying to fit the world to our business model,
we need to fit the business model to the real world that exists,"
comments Devangshu Dutta, chief executive of Third Eyesight.
|
Customer-centric retailers roll the dice
Read
the article
|
|
|
|
|
Zoozoo merchandise launched by Vodafone and Shopper's
Stop
Read
the article
|
They're egg-headed, have squeaky voices and formless pale bodies,
but the viewers seemingly can't get enough of them. Vodafone's
Zoozoos have now ventured into merchandise. The reason: public
demand.
|
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|
With retailers downsizing operations, many senior executives
from fast-moving consumer goods (FMCG) and telecom who had jumped
on the retail bandwagon a couple of years ago are making a quiet
comeback
|
Retail dream fades for many FMCG, telecom executives
Read
the article
|
|
|
|
|
Sustainable Fashion Forum
Read
the article
|
Sustainability is a great concept like liberty - In three sessions,
the panel of speakers tackled three key issues: What is Sustainable
Fashion? Is Sustainable Fashion Profitable? Who Wants Sustainable
Fashion?
|
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|
The Indian call centre has become an international cliché.
Its employees are young, educated, English-speaking and compared
with their compatriots, well-off – and their disposable
income, along with that of the rest of India’s fast-growing
middle class, is driving extraordinary growth in the country’s
consumer goods market.
|
Happy with home-grown
Read
the article
|
|
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|
Quickening Service
Read
the article
|
Indian shopping hotspots are sporting more and more golden arches
these days. If McDonald’s is expanding like never before,
KFC is not far behind.
|
|
|
|
|
Normally, the performance of the market leader is a fair indicator
of which way the wind is blowing in a sector, data from various
retailers suggest that sales picked up slightly, but urban consumption
could still be worrying.
|
Not Out Of The Woods
Read
the article
|
|
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|
|
Promises to keep
Read the
article
|
Real estate is the largest component of cost for a modern retailer
in India. At an average of 15 per cent of sales being paid out
as rentals – compared to 2-3 per cent of sales in developedmarkets
– just the retail space cost is enough to seriously dent
a low-margin retailer’s bottomline. However, is reductionin
rent the proverbial Final Solution?
|
|
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|
|
The fast growth of digital media has amplified the potential
of modern retailers to gain momentum in pushing brand building
and consumption of their respective products among younger consumers.
Opportunities in online brand building are particularly important
to understand, given the tremendous pressure Indian retailers
face in generating revenues robust enough to counter high operating
costs.
|
Social Circuitry
Read
the article
|
|
|
|
|
Seeking the right value
Read
the article
|
A decade ago getting a branded footwear or apparel at 50 per
cent discount gave rise to doubts in the minds of consumers. The
stock was often comprised of store rejects and seconds. But this
phenomenon has taken a complete turn with the terminology also
being changed to value retailing.
|
|
|
|
|
Managing business poses many challenges to a retailer. Gross
margin is only the starting point. A higher gross margin allows
the retailer much more scope in deciding the operating costs.
However, there are businesses with a high gross margin on products
but slow inventory turn and high markdowns as well.
|
Gross Margin: How reflective is it?
Read
the article
|
|
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|
|
Getting the retail value chain right
Read
the article
|
The consumer driven industry is feeling a dire need to streamline
processes and optimise operational efficiencies. Industry experts
are of the view that to fight back in this challenging environment,
retail value chain can prove a handy tool for retailers to understand
and identify performance improvements within the network while
at the same time improving the customer experience in every store.
|
|
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|
|
Gone are the days of basic satchels, canvas shoes and hand-me-down
clothes from elder siblings. Retailers are finding new ways to
create buying opportunities.
|
Retailers discover potential in the
‘back-to-school’ market
Read
the article
|
|
|
|
|
Apparel retailers move into small towns for growth
Read
the article
|
Skyrocketing rentals in big cities also makes moving to tier
2 and tier 3 cities attractive for apparel retailers.
|
|
|
|
|
After making their debut on television ads during the Indian
Premier League earlier this year, the lovable egg-headed Zoozoos
quickly made their way onto comic strips, newspaper mastheads,
birthday cakes, wedding cards, shoes, T-shirts, key chains and
even rakhis.
|
Zoozoo rakhis, anyone?
Read the
article
|
|
|
|
|
Modern Food Retail: A tough balancing act
Read
the article
|
The primary challenge in food retail, is its supply chain, which
is making things difficult for retailers and food processors to
procure quality produce at competitive costs directly from farmers
in India.
|
|
|
|
|
Convenience and low prices are spurring an increasing number
of Indians to purchase goods and services through the Internet.
The innovations in securing online transactions are also fuelling
the trend .
|
Just click to buy and save more
Read
the article
|
|
|
|
|
Wholesale Hopes
Read
the article
|
Cash-and-carry players are still betting big on India despite
their poor show so far
|
|
|
|
|
Indications are that foreign investment in front-end retail will
remain a distant dream
|
No Foreign Hand, For Now
Read
the article
|
|
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|
Neighbourhood stores go off the beaten track
Read
the article
|
Modern retail is here in India to stay and growing but the friendly
neighborhood stores are fighting back - and how.
|
|
|
|
|
It has been suggested that investing in innovation during a downturn
helps retailers counter depressed consumer sentiments but a downturn
also creates opportunities in the market and it may be the best
time to invest in value marketing.
|
Survival of the fittest
Read
the article
|
|
|
|
|
Homeware retailers change tack - Adopt new strategies
to prop sales and cut losses
Read
the article
|
Speciality home ware retail chains have changed tack as home
sales drop and shoppers defer buying big-ticket items like furniture
and furnishing to save cash in the downturn. To counter the slowing
sales, retailers have adopted strategies to prop sales and cut
losses.
|
|
|
|
|
The sustainability of any business depends - to a large degree
- on loyal customers who come back again and again. A loyalty
scheme can enable a retailer to not only to be in touch with its
customers more regularly, but also to distinguish between customers
and service the individual customers much better.
|
The Mystery of The Shopper
Read
the article
|
|
|
|
|
RETAIL The Burden Of Debt
Read
the article
|
Being an entrepreneur, Kishore Biyani is not shy of burning his
fingers. Biyani took on a huge debt to expand Pantaloon Retail
very quickly. Now the slowdown is making him rethink the Future
Group's business plans and structure.
|
|
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|
|
When the recession started in the second half of 2008, luxury
retailers predicted that high-end brands would be immune as their
target group would neither tighten their Chanel belts nor compromise
on their lifestyles. Six months on, terms like recessionista and
chicko-nomics are in and the Richie Rich club is shying away from
luxury.
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Cut-price couture
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the article
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Slowdown Spiking E-Tailing?
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Statistics gathered from eBay India reveal that one of the top-selling
categories are jewellery and watches. Other hot categories are
clothing and accessories, sporting goods, collectibles, home furnishings
and musical instruments. These online shopping trends throw two
big myths out of the window. One that the lack of the "touch
and feel" factor is the biggest constraint in the path of
e-commerce growth in India. And second, that only low value items
peddle on the net.
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Raheja-owned department al store chain Shoppers Stop Limited
(SSL) is pulling out of unviable new ventures and shutting loss-making
stores to conserve cash for the company in the ongoing economic
downturn.
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Shoppers Stop pulls out from unviable projects
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the article
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Against the grain
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the article
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Rice, which has long held the reputation of being the food of
the masses, is witnessing a silent transformation in India. Things
have come a long way from the “touch and feel” approach
to purchasing rice by the weight to the modern era in which the
busy urban Indian consumer is beginning to place his or her trust
in branded and packaged rice.
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The jewellery trade and industry has taken a hit. The global
economic meltdown, the winds of recession, the slump in diamond
and jewellery exports, massive lay-offs, closure of factories
(SEEPZ, Surat), the volatile prices of gold and, most importantly,
the dampened sentiment of the consuming class (especially for
non-essentials like jewellery) have adversely impacted this sector.
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What should Jewellers be doing next?
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the article
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Pantaloon sees second slowest sales growth in 5 years
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the article
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Pantaloon Retail's same-store sales in January grew at the second
slowest pace in five years as consumers curbed spending and the
retailer struggled to survive the downturn by offering discounts.The
slow growth comes after the retailer's value and lifestyle same-store
sales registered a negative growth in December.
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Indian textile manufacturers have sought a two-year moratorium
on repayment of term loans, withdrawal of excise duties on man-made
fibres and waiver of service taxes on exports as well as taxes
on textile machinery. The embattled textile industry, reeling
under a slowdown in demand and high input costs, also seek to
bring domestic cotton prices at par with international prices.
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BUDGET VIEW
India textile makers seek loan repayment moratorium
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Bangladesh Pips India in Garment Exports
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the article
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For the first time, Bangladesh has garnered more market share
than India in garment exports to the US, the largest importer
of garments. Bangladesh has now taken the fifth position, which
was previously occupied by India, in the list of largest garment-exporting
countries to the US, pushing India to the sixth position.
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The exciting developments in India's
dynamic, consumer-led retail sector and the export opportunities
being created for British companies are the subjects of a conference
to be staged by UK Trade & Investment's London International
Trade Team on 27 January. |
India's Retail Boom in the Export Spotlight
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the article
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Balm for the soul
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Growth in the smaller towns and rural markets can still be driven
by penetration and improved availability levels of stock-keeping
units. There are still vast swathes of consumers in India whose
consumption of packaged skin and personal care products is negligible
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The history of catalogue retailing
is interesting. What began out of necessity, soon developed into
a channel offering convenience of shopping from home. With the trend
of catalogue retailing yet to gain momentum in India, most retailers
- still focussed on the brick and mortar format- are yet to fully
exploit the true potential of the medium |
Catalogue Retail in India – Work in Progress
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the article
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Retail Kiosk – Plug and Profit
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the article
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The Indian retail scenario has been witnessing significant advancement
with traditional retail formats making way for more innovative
and technologically evolved formats. One of the innovations to
watch out for is the 'retail kiosk', which truly makes business
sense for retailers because of its cost benefit structure at the
‘point of sale’ establishment process and ease and
convenience for the customers too.
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Lack of an apex body, along with
the absence of time-bound deadlines, are being cited as reasons
behind the poor implementation of the scheme for integrated textile
parks (SITPs), which is the textile ministry's flagship scheme,
according to industry experts. |
Textile parks scheme hit by slow execution
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the article
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Textile firms battle global slump despite
rupee fall
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the article
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Textile companies may not benefit much from the rupee's weakness
as a slump in global demand and prior currency hedges trim bottomlines
in an industry dominated by exports. However, the global credit
crisis, which triggered the rupee's fall in the first place, is
also leading to slump in global textile demand.
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The global financial crisis has
undermined the viability of India’s textile and clothing players’
business, The textile industry is one of the few industries in India
that are export weighted and the global turmoil can cause a deep
dent into it. |
Global Crisis Could Badly Hit Indian Textile Industry
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the article
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The Indian Retail Market
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A perspective on the Indian retail market, the growth path followed
in the past, views on the evolution path it could take, the opportunities
as well as the challenges that need to be address. (Chapter
1 from the India Retail Report 2009)
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A report by Third Eyesight, has
called upon the Indian textile and apparel industry to urgently
develop capabilities to capture the value being lost due to inadequate
focus on product development and downstream products. |
Eternal Hope to Reality
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the article
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Building the Safety Net
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file
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In a departure from popular retail philosophy, the author calls
for a new model of food supply based on multiplicity and diversity.
Modern retail must take into account the changing environment
and be sensitive to evolving consumer preferences. (By Devangshu
Dutta)
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Private Equity (PE) investment in
India is on the rise, commensurate with global interest in the booming
Indian economy. However, big ticket PE investments have not really
come the retail way. In the times to come, is there a possibility
of big time PE investment in the retail sector? |
Private Interests
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Food and grocery retailers are leaving no stone unturned to gain
the loyalty of the spoilt-for-choice consumers. One bad experience
and poof! The loyal shopper is gone for good. Not only does this
imply assuring good shopping experience every time a consumer
enters a store, but also retain them by ensuring an impressive
visual treat for them. You get only one chance to create the first
impression. This impression would either create a happy loyal
shopper or would eliminate their chance of ever stepping into
the store again. A store that projects a differentiated image
and branding definitely gains in the long term.
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Indian fashion has true potential to grow exponentially in the
next decade. But before that, there are many issues that the creators
and producers of fashion need to address.
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Quo Vadis fashion industry?
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the article
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Strapless
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article
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In 2004, Oswal group forayed into innerwear business under the
brand of 'Sensa' with a view to cater to the growing ready-to-wear
fashion apparel market. Thereafter, the company renamed its retail
innerwear business as 'Straps', offering lingerie, nightwear and
maternity wear in 2006. And finally in 2008; Oswal Retail decided
to wind up its innerwear business and close down its 22 exclusive
outlets of 'Straps'.
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Since India bars overseas investments in a retail venture selling
multi-branded products to consumers, the two foreign funds have
invested in MedPlus’ wholesale arm.
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Foreign venture cos fund medical retail chain’s
back-end business
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Retailers tighten purse strings amid economic slowdown
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As costs rise and economic growth slows, Indian retailers are
looking at ways to trim expenses and protect their profits. Unlike
mom-and-pop stores, large retail formats have much higher cost
obligations, said Devangshu Dutta, chief executive of retail
consultancy firm Third Eyesight. Organizations with larger
cost heads will be first to get hit in case of a slowdown.
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Many retailers, saddled with excessive inventory and caught flat-footed
by optimistic sales forecasts, have had to launch early "end-of-season"
sales this year and the more innovative ones are trying to stand
out in that deep discount clutter. The midnight-sale by Spykar
has become one of the many retail innovations that stores are
using to get more shoppers into their stores. And, much like a
"happy hour" in a bar, retailers are offering steep
discounts during such "off" hours or on certain days
when foot traffic is normally slow.
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Retailers cross other side of midnight
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the article
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Third Eyesight Knowledge Series©
Textiles Workshop
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the PDF file
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The apparel and textile industry has grown and matured a lot
over the last few years - from an unorganized to an organized
sector. However, this in turn has increased the need for constant
improvement and upgradation of knowledge and skills. An update
on a workshop conducted by Third Eyesight.
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Senior executive's outlook towards
supply chain tends to differ considerably from that of supply chain
manager's. While SCM professionals concerns are usually operational
and immediate in nature, senior executives prefer looking at the
slightly distant supply chain objectives. The increasing realization
of supply chain's strategic relevance is prompting senior executives
to increase their involvement in the supply chain affairs of the
organization albeit at a macro level. |
Logistics Management - Executive Involvement
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URBAN LEGENDS OR LEGACIES?
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Many people l know treat shopping centres or malls as a new phenomenon,
a progressive development of recent times, or a modern blot on
the traditional cityscape (depending on your point of view). Lest
one forgets, Grand Bazaar (lstanbul, Turkey) is the earliest known
mall, with the original structures built in 1464,with additions
and embellishments later.
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India has 267 million mobile phones. And the market is growing
at the rate of five million phones per month. As a result, companies
are quite busy leveraging the medium.
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Mobile Marketing
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the article
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Logistics Management - Supply Chain Strategies
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the PDF file
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Quite a few companies have realized the importance of developing
distinct supply chain strategies that are aligned with business
strategies. This helps them capture cross-enterprise opportunities
that not only generate cost and capital efficiencies, but also
help drive top-line opportunities. However, in India the idea
of letting the supply chain enter the corporate boardroom still
seems somewhat alien to many.
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India has literally millions of individuals who would prefer
to be their own boss and run a business, rather than being an
employee. There are joint families, where resources may be available
in the form of some real estate and family members who can be
part of the business. Personal loans are available from family
and friends, in the close social fabric of our communities. This
is ideal ground for franchising,” says Devangshu Dutta,
chief executive, Third Eyesight, a consulting firm focused on
the retail and consumer products sector.
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Profit From Franchising
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the article
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Shopper's Stop targets younger buyers with Rs 20 crore brand
revamp
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article
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Shopper's Stop Ltd, the 24-store retail chain, got a new look
at a glitzy function featuring actor Shah Rukh Khan, nightclub
lighting and hundreds of saplings that will be planted as part
of the stores' Rs. 20 crore (Rs. 200 million) rebranding exercise.
The chain, which started in a defunct suburban Mumbai movie theatre
in 1991, got itself a new black-and-white logo, uniforms, print
and television campaigns, carry bags and even an anthem and an
in-store radio channel. It will also launch an Internet shopping
platform along with a Think Green campaign.
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Indian retailers are a worried lot these days. There has been
a decline in margins and it's one of the lowest ever, according
to some retailers. As inflation touched a 41-month high, chains
across the country, especially the smaller players, have been
trying every trick in the book to attract consumers, and keep
them coming in, even as they struggle to grow profitably. (From
The Economic Times)
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Inflation Hurting Retailers Margins
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article
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