Month: January 2009

If news reports are to be believed, then Gateway Multichannel Retail (India), a joint venture of Hypercity Retail (India) and Shopper’s Stop, is expected to wind up and discontinue its catalogue retail operations under the Hypercity-Argos brand.

Gateway Retail operates catalogue, stores and internet (more…)

Economic slowdown is always known to happen but the timing is always a surprise to managements of companies. Slowdown in the context of retailers means managements moving towards more sensible methods of acquiring customers.

Last Sunday we had reviewed (more…)

We bring to you the highlights of the performance of Kaya Life and Skin Clinic, subsidiaries of Marico.

In line with its plan to open new clinics in existing cities, Kaya Skin Clinic added 6 new clinics in Mumbai, Delhi, Hyderabad and Chennai during the quarter. As of December ’08 Kaya Skin Clinic offers its skin care (more…)

Q3 FY09 is the first quarter when Indian businesses were influenced by the slowdown, despite the festival season. We now review the performance Vishal Retail – Megamart.

The company saw significant reduction in winter apparel sales witnessed during the quarter led by poor winter season in North India; which has resulted in an overall decline of 12-15% in the sales of the company. The app areal sales fell from 57% in Q2 to 54% in Q3 of overall sales.

Impact of seasonality coupled with low consumer (more…)

In continuing our coverage on Indian Retail Chains – [Read Apparel, Footwear, Pharmacy, Coffee] today we are covering the Consumer Durables sector. We are excluding the coverage of Mobile retailing because it can be covered as a separate topic.

The current consumer durable market is worth US$ 20 billion accounting for 5 per cent of total retail market. The market is growing at the rate of 10-12 per cent. The organized consumer durables market is valued at US$ 6 billion which is 20 per cent of organized retail market. Tata Croma, Vijay Sales, Godrej Lifespace, Viveks, Girias, Reliance Digital, Videocon’s Next, eZone and Electronics Bazaar are the (more…)

Last October we broke the news about Cafe Coffee Day opening new formats – Square + Lounge formats, to be in sync with city’s night life. Now, Cafe Coffee Day – CCD the most successful Coffee and pastry retailer in India is looking to expand its presence in Professional Colleges (more…)

Mahindra & Mahindra (M&M) has announced soft launch of its specialty format Mom & Me, intended (more…)