May 31, 2010
What separates the men from the boys in India Retail Inc.? There have been more failures than successes in organized retail in India. We believe that in the last two years, when capital was scarce and consumption patterns were weak due to the global economic crisis, it has clearly emerged that retailing in India is not as easy as it seems.
We will have a look at the Top 10 Business Strategies for flying colors in Indian Retail.
Ensure Store Level Profitability Before Expansion – The top-three unlisted players have revenues of nearly Rs 100bn over FY06-09 only to reel under accumulated Read more
May 29, 2010
The City Mall with its ultra modern architecture and stylish setting of extensively landscape greens will be identified as Gwalior’s 21st century landmark. Designed to be an earthquake resistant structure with bigger span pillars the City Mall will create a feeling of solidity while retaining elegance. Provisions for rainwater harvesting, a waterfall and fountains Read more
May 26, 2010
Kaya Skin Clinic’s Parent Company Marico has acquired the aesthetics business (essentially skin care products and services business) of Singapore-based Derma Rx for a purchase consideration slightly above Rs1bn.
Derma Rx has well balanced revenue mix — Products constitute Read more
May 26, 2010
Mr. KB’s Vision for Pantaloon / Future Group for the coming decade
We want to be a dominant player in India’s consumption, especially modern consumption. You can’t get a bigger canvas than US$400bn, which will become a trillion dollar canvas. That canvas is huge for anybody to operate.
Pantaloon Retail / Future Read more
May 25, 2010
This is the Second Part of the 3 Part Interview with Kishore Biyani. Read the First Part here.
Part – II – Excerpts from Enterprising India.
Kishore Biyani’s Views on connecting with Consumers and creating a conducive environment
Creating the right environment is very critical. There are a few emotions that determine shopping behaviour. The most fundamental of them are greed, altruism, fear, envy, and vanity. Greed drives a consumer to purchase more than she needs. Higher purchase is also driven by the fear that the current price offer may Read more