Merlin Homeland is Eastern India’s first one-stop mall for house building materials and interior decor items. A 1,05,000 squar feet, five-storey shopping center housing nearly 150 stores of the leading brands in their respective fields, Homeland Mall is occupied by leading retailers in the home improvement retail category. Among them are: (more…)
Year: 2013
8 Key Trends in the India Retail Forum
The keywords for retailers were “unit economics” and “profitable expansion’, in our view – that’s the takeaway from the ‘India Retail Forum 2013’ (industry conference). After the ‘rush years’ of the last decade, most retailers are focusing on cash flow positive growth, in our view.
The 8 Key Trends in this year India Retail Forum are as under
The share of top-3 retailers in most global markets (except UK) is low – indicating that the small family grocer model will survive albeit with tweaks (more…)
Future Lifestyle Fashions – Aims for 20% Growth
Future Lifestyle Fashions (FLF), a soon-to-be listed company, which houses the de-merged fashion businesses of Future Retail (Central, Brand Factory, aLL, Planet Sports) and Future Ventures shared its growth strategy and expansion plans. FRL will hold 20% in this company. While management is fairly (more…)
Building Localized Food by McDonalds with Value for Money Menu
We have Seen the Growth of McDonald’s in India and today we’ll explore the Localization and Brand building exercise taken by Hardcastle Restaurant.
McDonald’s leveraged well on the Indian appetite for value and built a successful and scalable value for money platform over the years. The Happy Price Menu, which starts at Rs25, has not seen any change in price for past six years now despite increase in raw material prices. Price increases have been usually lower than inflation and company attributes this to robust supply chain systems which help to (more…)
The Growth of McDonalds in India – Master Franchisee HardCastle Restaurants
Hardcastle Restaurant (HRPL) is the master franchisee of McDonald’s for India’s southern and western regions . The other franchisee is Connaught Plaza Restaurants Pvt Ltd which holds franchisee rights for Northern and Eastern parts of the country. It pays royalty of 3% of sales which will gradually increase to 8% by 2020.
HRPL acquired is a Development Licensee means an entity which is granted franchise rights to own and operate McDonald’s restaurants, to adopt and use the McDonald’s system to develop and run McDonald’s restaurants in a given area, and to advertise and use the McDonald’s brand name (more…)
Holii – HiDesign Luxury Products on Sale
Holii a joint venture of Hidesign, leading luxury leather bag company and Future Group, the largest retailer in India have announced end of season sale.
Holii gives you yet another reason to love the sale season and boost your collection of exciting colourful bags! Buy a product at any Holii exclusive store and get a 30% off on your second buy. Pick an office bag and a matching wallet to go along; or gift your (more…)
Wee Store – Apparels & Accessories Store Launched in MGF Metropolis Mall, Gurgaon
Wital See’s multi brand retailer opened its Wee Store a Specialty Store for Apparels & Accessories. The flagship store is spread over 3300 square feet store and is located in the heart of Gurgaon at MGF Metropolis Mall. The new store is an exclusive apparel and accessories store that will cater to the Upper Middle Class customers located in Gurgaon and neighboring areas.
Wee store is on a concept of next door neighborhood stores (more…)
How Many More Dominos Pizza Stores Can Be Opened in 10 Years ?
Domino’s India has a historical five-year revenue CAGR of 46%, which has been evenly split between growth through new store expansion as well as growth in same-store sales. Against this backdrop, the big question that needs to be answered is: can the strong acceleration in new store opening run-rate sustain? Hence, can Domino’s maintain its sales growth rate in excess of 35-40% over the next few years through the opening of 200-300 new stores annually ?
The current demographics limit the total store count (more…)