India Retail News and Research
The Global Trendz Retail – GTR JV between Hardcastle Restaurants [owners of McDonalds India] and Jalans of Prakash Mills Mumbai have joined hands to launch Bungee Stores for kids. The first store opened for business in Kalyan Mumbai.
Disney Baby is a their brand targeted for toons between the age group of 0 – 4 years, while (more…)
India is a large consumer of Gold. With soaring prices sales have been under pressure for organized Gems and Jewellery Retailer like Tanishq. Here is the Reality Check of the Industry and the management’s views on the same.
Tanishq gold jewelry volumes have come down. Margins are now partly linked to gold price and hence profitability is less impacted than sales. Also, higher margin diamond jewelry has been growing (more…)
Fabric Spa chain of laundry promoted by Jyothy Laboratories has acquired Snoways for an undisclosed sum. Snoways is the second largest chain in Bangalore after Band Box. Snoways had a topline of Rs 5 crore while the later has Rs (more…)
You have already read that PAN India retailers are facing significant slowdown or shut down. One of our Associates did a retail reality check with small or independent retailers in Kolkata and the findings suggest that they are affected by the slowdown but not as much as their Large competitors.
Shagun a Wedding Mall of 20,000 sft is likely to register a turnove of Rs 20 cr for FY09 which is higher than Rs 17.5 cr it did in the last FY. Mr. Khaitan of Shagun is of th view,
Thankfully we have already crossed our last years revenue and out business has not ben affected that much, simply because we are into wedding wear. Even now consumers go overboard when it comes to shopping for the bride and groom. The meltdown dos not matter as shopping for bride and groom is (more…)
Godrej Agrovert promoted Gourmet retailing chain Nature’s Basket will be spun off into a separate entity as it is highly profitable and can thus grow on is own. You may recall that Godrej groups retail initiative included Aadhar – Rural Retail Chain where they divested 70% stake in (more…)
After merging group company Reliance Petroleum with flagship Reliance Industries, Chairman Mukesh Ambani has now set his eyes on making it big in the Retail. Over the past 28 months, after opening the first Reliance Retail Store – Reliance Fresh, the company has done in-depth market research (more…)
Kishore Biyani’s brain child Future Brands is all set to take it private labels – John Miller, DJ&C, Bare and Dreamline out of the group stores and license to other competitors. This means, these brands which are primarily sold through Pantaloon, Central (more…)
We would like to present a comparison between China and India in the Departmental Store Business. This study concludes Retail as an unviable proposition but that is a fact and we have already seen what is happening in the Retail space. Here is the excerpt of the study.
All figures are in USD in the following analysis.