India Retail News and Research
I guess our contributors / writers have tuned in to the teaching mode from the past week as we write again about another lesson, what Future Group has learnt from the slump and how it has changed its strategy on small format retailing.
Mr. Biyani has made it clear that Future Market and Consumer Group Ltd will now focus on 6 large formats Pantaloons, Big Bazaar, Food Bazaar, Central Malls, eZone and Home Town. All (more…)
We already know from the ICRIER survey that local retailers popularly known as Kiranas haven’t had an impact as projected or estimated by most. We would like to enhance one some the key business lessons practiced by these Kiranas that can be incorporated by organized retail chains who are back to the drawing board chalking out new strategies on how to win the Indian market. This is with refrence to your neighborhood Kiranas which can be small operated by just a owner and few boys or (more…)
The myth about Organized Retail Chains throwing your neighborhood Local Kiarana like stores out of business is not completely evident yet, as per a report by ICRIER. The (more…)
We have already seen the diversity and the extremity of the Indian Retail Market. We would like to discuss some of the factors that will help in opening or launching nationwide chain of stores. You should first read and understand the consumer spending habit across the most lucrative Indian states on Food and Non-Food items and how they rank against each other. Again, just because UP ranks number 1 in the rank, you can’t go ahead due to the wide geography (more…)
The Pioneers and largest Retail chain of India – Pantaloon Retail is recalibrating its business strategy to ride the second large wave of retail boom in India. Mr. Biyani believes that market dynamics in the current environment are working in the company’s favour.
The objective of this exercise is to create different entities or pure play investment vehicles with their independent risk-rewards offering, excerpts from the management meet are as follows,
CASIO India, the 100% subsidiary of Japanese company CASIO has witnessed tremendous growth [over 80%] in the past few years and is all set to scale the business.
Casio primarily operates in thre verticals – Calculators, (more…)
Rural India accounts to 45% of Indian GDP. Rural India accounts for 70% of all Indian Households and cloe to 40% of the total consumption pie. So we’ll see how the rural market in India stacks up.
Diversity Dispersed – The rural market comprises over 4,000 towns and more than half a million villages spread across India. This presents a significant challenge when decisions on store footprint and distribution (more…)
It is commendable to see that Luxury Brand retailers have went an extra mile to understand the second line of Indian customers who would want some kind of security on the Luxury products they buy – like Tag Heuer watches. (more…)