Retail News / ViewsAditya Birla Fashion Demand Muted
September 30, 2016
There is no evidence of a revival in consumer sentiment into the second quarter. The primary reason for contraction in revenues in the last 2 quarters has been the company’s reluctance to offer heavy discounts whereas others continue to do so. ABFRL believes that building a brand is more important than building a channel and, hence, has refrained from diluting the brand either by offering it across e-commerce channels at heavy discounts or by participating in the extended end-of-season sale.
Aditya Birla Fashion and Retail has adopted four fashion cycles in Madura as well as Pantaloons as against two earlier. The entire Read the story »How Patanjali is redefining FMCG Retail in India?
August 5, 2016
Patanjali currently has a product portfolio spanning 800 SKUS in 37 categories, and now competes with every major FMCG in one or more categories. In addition, it is consistently adding new categories and setting up new plants across India – thereby broadening its manufacturing, customer, and revenue base. Currently, Patanjali has a reach of 200,000 outlets vs. 4mn for larger FMCGs; however, it is continuously expanding its reach by appointing new distributors. With the top management comprising majorly of visionaries, and middle and lower management recruited from top Indian/MNC FMCGs, the company is building the right human resource base for Read the story »
Malls & StoresMcDonald’s Experience Of The Future Store in Mumbai, India
March 23, 2017
Named Experience of the Future, McDonald’s new restaurant platform seeks to engage millennial customers by introducing a technology, food and service upgrade to the fast-food concept. It is one-of-a-kind store and India is the fourth country where it has been introduced after Read the story »Sqy! Rewards – Mobile App for Loyalty Program
July 14, 2015
We would like to introduce you to Sqy! Rewards, a mobile app that serves as an interactive, analytics driven, customizable customer loyalty program for retailers and brands, co-founded by – Ashwin Meshram and Sunpreet Singh. Launched by Mumbai based First Quadrant Solutions,the platform is a feedback based solution that helps brands incentivize offline as well online interactions with their customers. The 24×7 connectivity combined with real-time analytics enables brands to understand consumer spending patterns. The platform provides a targeted channel for promoting special offers & deals directly Read the story »
Retail ResearchImproved access for Indian SMEs by eCommerce
October 4, 2016
According to the Economic Survey for 2016, “With 3.6 crore [36mn] units spread across the country, that employ 8.05 crore [80.5mn] people, Micro, Small and Medium Enterprises (MSME) have a contribution of 37.5% to the country’s GDP”. However, MSMEs’ share in manufacturing has been declining (even as the total share of manufacturing in India’s GDP remains stagnant) mainly because MSMEs in India must contend with the challenge of poor access to end-markets. The ministry of MSME, in its annual report for FY15, has noted that “MSMEs in India face constraints such as high cost of credit, low access to new technology and lack of access to national and international markets”.
The advent of e-commerce in India from CY10 has meant that the improvement in access to end-markets for SMEs in Read the story »
Cafe Coffee Day Average Daily Sales Rise 4%, Goes Mobile
August 12, 2016
Cafe Coffee Day CCD reported a 14% yoy growth in revenue driven by 13% growth in the retail operations and 25%+ growth in exports. The Average Sales Per Day came in at Rs 13,910, a growth of about 4% yoy while Same Store Sales Growth came in at 4.1%. Growth in ASPD continues to lag expectations and the company’s stated target of reaching close to Rs 20,000 over the next few years.
The management stated that the recently launched mobile app, the company’s foray into home delivery and constant innovation on the food menu side should help increase both footfalls and average ticket size thereby driving growth in ASPD. The management said Read the story »
Retail Brand MantraAditya Birla Fashion & Retail – Expansion by Franchisee Route
August 24, 2016
Kumarmangalam Birla Controlled Aditya Birla Fashion & Retail Ltd – [ABFRL] was carved out of merging Madura Garments and Pantaloon Retail. The strategy the management has explored is that Readymade garments are replacing demand for fabrics / stitched clothes with preference for western and casual wear combined with preference for brands with western positioning. In the women’s wear, they think that diminishing dominance of ethnic wear due to shift to casual wear and formal wear for women as more women join the workforce. Women’s wear market is mostly fragmented and unorganized. ABFRL has the following leading brands under its Umbrella.
Madura is predominantly a premium men’s wear player, housing India’s largest brands (Louis Philippe, Van Heusen, Allen Solly and Peter England) with 2.3 mn sq ft retail space and Read the story »
Titan embraces O2O with Carat Lane Purchase
May 28, 2016
Tata group promoted Titan acquired a majority stake in Carat Lane Trading Private Limited, which is involved in the business of designing, manufacturing, trading and retailing (largely online) of gems and jewellery. Titan’s focus on its OMNI-channel strategy, store expansion potential and recent successful product launches offers an underappreciated opportunity for brand Tanishq to recruit new customers.
Titan management, synergies with the jewellery business of Carat Lane is very high and are as listed below Read the story »