Month: May 2009

Bharti Wal-mart’s Wholesale Cash and Carry Format chain – BestPrice Modern Wholesale is all set to go live for business in Amritsar from next week. Call it a coincidence of the Congress led government in Delhi that was always for pushing FDI reforms in Retail (more…)

There is one thing I like about the Indian retailers is their willingness to experiment and improve to give what the ultimate King [consumer] needs. Pioneers like Kishore Biyani from Future Group, Shoppers’ Stop, Vishal Retail, Spencers’ etc are chanting a new mantra – Rightsizing – which involves trimming the store size and getting (more…)

The ongoing Retail slowdown has made retailers think twice about their High Street and Mall strategy. Retailers are seeing lower footfalls and hence their plans to enhance the factory outlets. United Colors of Benetton – UCB is all set to open (more…)

We participated in the Conference Call of Shoppers Stop and here is an excerpt from the discussion with the management.

• During the quarter company closed one crossword store at Vizag and 7 F&B Stores were closed. Operations of 16 (more…)

Our Analyst has tracked the tenancy of malls and main street in various Tier-I cities in Q1-2009 and here is the excerpt. These were high valued transactions and unfortunately we can’t disclose the amount.

Ahmedabad:
Brand Factory at Shyamal Char Rasta – 30,000 sft
Reliance Footprint (more…)

Reliance Fresh the largest retail chain of Reliance Retail will rediscover itself and open a new sub-format discount store Reliance SuperValue.

In order to fight the slowdown, the company is planning to convert existing Reliance (more…)

Indian Retailers who jumped into the bandwagon of introducing their own private labels to beat the MNC brand competition has paid off well. Latest data from various retailers suggest that Private Labels of Retailers have either beaten the market’s leading brand or giving them a tough fight in organized retail stores.

More Retail Chain from the AV Birla Group has Feaster Private Label which sells more than the iconic brand Maggie (more…)