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Year: 2012

Retail Research

Pantaloon / Future Group – Store Strategy Realigned + Backend Consolidation Done

Pantaloon / Future Group is undertaking a much needed course correction and the strategy makes sense. Execution though remains key, and given the challenging macro environment with discretionary consumption slowing. Management led by Biyani noted that ramp-up of stores is now taking longer – around 18-24 months in large malls, vs. <12 months earlier due to the fact that a lot of the malls are now destination-based malls.

Same Store Sales [SSS] growth for Big Bazaar (the key format) has registered low single digit growth Y/Y. Mgmt notes that this growth should be split into two parts – certain categories like communications / jewellery that the mgmt is deliberately de-focusing, which dragged down (more…)

News & Views

Domino’s Pizza reaches 500 stores milestone in India

Domino’s Pizza celebrated new milestone by opening the 500th store in India at at Rajinder Nagar, Delhi.

Domino’s India operations is the fastest growing operations in the Domino’s global system and continues to be the market leader in India with 55% Slice of the Pizza market. In the last few years Domino’s Pizza has not only aggressively expanded its footprint, but also has been focused on winning more customer hearts across India through its tasty Pizza offerings, unmatched delivery promise and warm customer service approach.

Mr. Bhatia, Chairman of Jubilant FoodWorks Limited master (more…)

News & Views

Small Town Consumer – FMCG Cos use Banks + Telecom Cos to Retail

Indian small towns are witnessing a prominent shift in buying behaviour from need-based to want-based purchase. Products such as face wash, hair-conditioner, air freshener, prickly heat powder, after-shave lotion, pre/post wash fabric products, jams, jellies, cheese, fragrances and liquid toilet soap now form a larger part of consumer basket.

Colgate has seen major consumer shift from tooth-powder to toothpaste (70:30 15 years ago to 30:70 currently) with small town / rural consumers now buying sensitive and mouthwash. (more…)

Malls and Stores

Central Mall Changes Central Theme from “Mall” to “Departmental Store”

India’s Retail Sector Pioneer, Kishore Biyani has undertaken yet another change in strategy on the advise of Lowe Lintas by converting Central Mall to Departmental Store. It will now have smaller boutique like spaces with its existing large sized stores as well and focus on its own private labels which offer higher margins. To get the feel of how the first store looks like, one can visit the Bridage’s Orion Mall in Bengaluru.

What Promoted the Change in Future Group ?
It appears that their customers were confused about what Central (more…)

Malls and Stores

A Peek into Ansal Plaza, Ludhiana

Ansal Plaza, Ludhiana is strategically located on Ludhiana-Ferozepur Road and is well connected with the major landmarks of the city and is close to posh colonies like Saraba Nagar, Gurdev Nagar etc.

Ansals takes care of the specific requirements of each family member, the sheer depth of choice stimulates the imagination and every product available carries a distinct quality. It showcases beautifully decorated and well-lit (more…)

Malls and Stores

eZone Store Size and Numbers Shrinking – Ventures into Connected eCommerce

Kishore Biyani’s flagship Consumer Electronics retailer eZone appears to be in Trouble and here comes the change in business strategy. They are closing all unvaible stores and have also resorted to resizing store sizes as well, they are shrinking to save cost on Retail Rentals. Typically, eZone stores were of 12,000-15,000 sft in size but now the store sizes have been halved in most locations except few where business is still brisk.

eZone has identified 6 key cities – Kolkata, Mumbai,Pune, Hyderabad, Bengaluru and Chennai and will stay focused in (more…)

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