With the rise of Flipkart, Jabong and other Online Retailers in India, established retailers such as Shoppers Stop, Pantaloon have been forced to adopt Online & Offline strategy. Omni Channel was a response to the threat posed by low-cost online retailers. Omni channel is a multi-channel touch point. It combines brick and mortar with virtual channels – be it the website or mobile. Both formats, i.e., brick and mortar and virtual, are seamlessly synchronised in omni-channel retailing. If the customer doesn’t get a particular product in the store, he or she can browse for it on a kiosk or on the website / app and complete the (more…)
As you can see in the Quarterly performance chart above, Titan has (more…)
Reliance Retail’s subsidiary Reliance’s Brands vertical operates on a franchise model. This has been a small vertical contributing only 2% of total revenues, but growing at 50%-plus. The company is consistently tying up with global brands and widening its product portfolio – given its wide distribution of over 100 branded stores under this model. We believe as clarity on FDI in retail emerges this brand relationship with good sales growth trajectory could potentially result in healthy returns going forward.
The Following Chart Shows (more…)
GAP is a leading specialty brand retailer, with a global turnover of USD16.1b. It began operations in 1969. It is now available in 90 countries through 3,100 company-operated stores, over 350 franchised stores, and e-commerce sites GAP has tied up with ARVND to open 40-50 stores by FY18. The first store should be operational by May 2015, with (more…)
In the 60% Unorganized Footwear Retail Market in India, Market Leader BATA is making the right investments in advertising, brand building and store expansion as it plans to add 100 stores on net basis going forward, much higher than the 30 stores added in CY13. It is also evaluating opening of exclusive Hush Puppies stores and Foot In stores in Tier 2 and 3 markets.
Bata operates stores under 2 formats namely – City stores which are based in metros, Tier 2 and malls and operates in (more…)
Despite the economic slowdown, leading lifestyle / specialty Indian retailers managed to stay competitive in the last 2 years. Their continued investments in branding and innovation, distribution network and supply chain have given them a significant competitive edge to mitigate any disruptive challenges.
How can you Drive Growth Through Innovation in Retail ?
Titan has been focusing on intensive category development efforts despite the sharp slowdown in jewellery sales. The company has launched (more…)
Headphone Zone, India’s first exclusive Headphone and Earphone retail brand, has announced the launch of its online store, www.headphonezone.in. A unique multi brand retail concept that combines Music, Electronics and Fashion, Headphone Zone operates 10 retail stores in Bangalore, Mumbai and Chennai, and now hopes to leverage India’s eCommerce growth by bringing its retail experience across India via the webstore. Headphone Zone features over 800 different Headphones, all unique with a point and purpose. Just like no two individuals, their personalities and styles are the same, the same applies to Headphones.
Headphones are increasingly becoming an (more…)
Bata in an Analyst Call stated that against its steady state run-rate of 100 new stores targeted annually in future, the firm has already opened 64 new stores so far in CY14. Management expects to open upto ~160 new stores in total during the year including ~120 new stores under the “Bata” format and ~20 stores each under the Hush Puppies and Footin formats.
Bata India Management highlighted the following initiatives which are underway to gradually expand its footprint in Tier 3/Tier 4/rural parts of the country – The company will follow franchisee route (inventory, rental and all other (more…)