April 22, 2013
Jubilant Foodworks master Franchisee for Dominos and Dunkin Donuts has ambitious expansion plans to open over 100 stores per year, taking the total estimated store count to 800 stores by FY15. At the same time big players like McDonalds, Yum Brands, Subway, CCD, and other smaller and regional players also have similar expansion plans. Also, many new entrants are expected to enter this business in the coming few years.
Yum Brands (YUM US) has outlined Read more
April 20, 2013
Beyond Doubt, Indians are foodies, and thus the opportunity for the organized Quick Service Restaurant (QSR) space (especially those with middle-of-pyramid pricing) is unlimited. Economic slowdown will pose hurdles, but nevertheless we expect Indian QSR industry growth of 20-25% over FY13-23, significantly above that of overall consumption and the peer group (apparel, retailing and packaged food).
Our discussion with multiple QSR format owners and Read more
April 8, 2013
Titan’s Jewelry division registered 27% y/y sales growth with grammage growth of 12%. Sales growth was driven by festive / wedding sales, restocking by franchisees and favorable base. Retail sales growth was however lower at 19% y/y.The Mgmt noted that jewelry sales have seen some moderation in the month of January. Share of studded jewelry was lower at 22% on account of weak discretionary demand for diamond jewelry.
Tribhovandas Bhimji Zaveri (TBZ)witnessed strong demand during Read more
January 19, 2013
Unorganised retail – the traditional retail format comprising kirana shops, mandi, local shops, hand crafts, pavement vendors etc – has a higher share in Indian retail, as majority sales originated from rural areas. However, organised / modern retail has posted a robust 27.4% CAGR over FY07-11 in India.
As per a recent CARE report, organized / modern retail could post 25.7% CAGR over FY12-15e. With this, the share of organised retail in overall sales could rise from 6.7% in FY12 to 8.8% in FY15e. Moreover, we believe the organised Read more
January 15, 2013
The e-commerce wing of Ferns N Petals (FNP) was set up in 2002. The latest statistics reveal that India has been reported to have 70 million active Internet users. It will be among the top 10 e-commerce hubs in the world by 2015. The online community is growing by leaps and bounds as an increasing number of consumers have started transacting online. Today, e-commerce has become one of the most important verticals of FNP, generating a steady income for us and establishing an excellent reputation in the market.
The Ferns N Petals e-Commerce Strategy – Portal provides a quick platform Read more