India Retail News and Research
Nilgiri’s the food and Grocery Retail Chain with large presence in South India earns over 30% of its food category revenues from Private Labels in categories such as Cereals, Dairy Products, Bakery and Pulses. Bakery products contribute 15% of the overall food segment sales.
Private Labels are in-house manufactured and sold thus providing higher bottom-line to the retailer. Nilgiris will undertake a (more…)
ISCON Mall is the largest mall in South Gujarat located on 150 ft. Dumas road, ISCON Mall has a sprawling 3,00,000 sq. ft. of retail space with a central Atrium of 18,800 sq. ft. which also adds to the beauty of mall.
ISCON Malls offers shopping with more than 70 brands for men, women & children along with food court, restaurants & general accessories. With Westside & Pantaloons as anchor stores, shopping under one roof becomes a-must-visit for its customers. (more…)
Quick bit fast food chain Subway – Serving Fresh and Healthy Sandwiches / Subs has reached 300 store locations across India. The company recently opened the 300th restaurant at Terminal 2 of the Mumbai International Airport. with the rising inclination of eating healthy food, Mumbai figures prominently in subway’s growth plan.
The American headquartered brand has presence in 50 cities with 263 franchisees. Apart from Food-courts in Malls, (more…)
Tata’s promoted Croma Electronics / Consumer Durables Retail tested the waters of after sales service for their private labels through Croma Care Centers and the results have been encouraging.
Currently, retailers like Reliance Digital raise their hands after sales is done and consumer has to hunt for the service center of the electronics / gadget brand to get it repaired. However, this is all set to change as Croma Care Center is planning to (more…)
With the opening of FDI in Retail, French Retailer Carrefour and German retailer Metro already present in Cash-n-Carry / Hypermarket format are strengthening their presence in Tier 2 / 3 Cities. Carrefour announced the opening of its third store in Meerut while Metro is opening its 10th store in Amritsar. Bharti Wal-Mart’s Best Price Modern Wholesale is already present in both these cities thus offering consumers a big choice for shopping.
Carrefour plans to have atleast 300,000 sft of retail trade by the end of March-2013. The management said, (more…)
Gulmohar Park in Ahmedabad Opened for business in late 2008. Located on Satellite Road, Gulmohar Park is spread across 5 floors and 220,000 sq.ft. offering an exciting variety of shopping, entertainment and food.
Lifestyle brands like Promod, Charles & Keith, Chemisty, Tres Mode. Anita Dongre and Stephen Brothers are made available in the city for the first time. The youth have a wide choice from Planet Sports to Nike, Pepe, Lee Cooper and Spykar. Families can shop at Pantaloons, e-zone and Trident, while kids can raid UCB Kids, Lilliput, Scram, (more…)
ICICI recently hosted an interactive session with hosted Mr Rakesh Biyani (Joint Managing Director, Future Group) and Mr Vineet Kapila (Managing Director and CEO, Spencers Retail) to discuss their experience on the evolution of Indian retail industry and share their insights on the way ahead. Here is an excerpt of the proceedings of the session.
Retail Growth from product assortment and supply efficiency
Indian Retail industry is bound to grow if supply keeps pace with growing demand. Therefore (more…)
The Indian footwear is growing at over 10% annually, with the organised segment growing at almost double the industry. Domestic footwear market, estimated at ~Rs 250-300bn, posted CAGR of 10% over 2006-11, With increasing consumption, growing popularity of online shopping, higher affordability and rising income level, per capita footwear consumption is expected to rise to 2.2x from present of 1.87x.
Indian Footwear market is the third largest in terms of pairs sold after China and the United States. The chart below shows rising per capita of footwear / shoes consumption in India. (more…)