Changing Trends – Convergence of Online & Offline Shopping
Internet sector is going through a significant shift wherein the lines between online and offline commerce are blurring. It is expected that India is set to become the third largest nation of internet users after U.S. and China in the next two years with a large chunk of youngsters eager to adopt new technologies with rapidly changing lifestyles. According to ASSOCHAM, online retailing in India is likely to be worth Rs75 Bn by end of 2014. One of the primary benefits of online vs. offline shopping is the ease of finding and researching products as well as the ability to perform price comparisons.
Flipkart founded in Oct 2007 and began by selling (more…)
Domino’s Pizza – Competition – Key issue near term
Sentiment may have bottomed, but unlike few other discretionary categories, food services remain under pressure. For Domino’s in particular, substantial price hikes (~10% since Nov, as mgmt seems to be maintaining ~75% GMs – unlike peers) may become an issue from a demand perspective.
Expansion by organized peers does put pressure on sales / costs, but more importantly, (more…)
How Indian Lifestyle / Specialty Retailers Diving Growth Through Innovation ?
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…)
Westend Mall, Lucknow – Review for Shopping
The Westened Mall, Lucknow is located at Vibhuti Khand, Gomti Nagar. The Chadha Group inaugurated the property in April 2004. The built up area of the mall is 3,14,500 sq.ft, while the gross leasable area stands at 2,02,500 sq.ft.
Wave Cinema, Westside and Globus form the (more…)
Plaza Mall, Gurgaon – Review for Shopping
The Plaza is a niche project specifically targeted at the home shopping requirements of Gurgaon residents. It has a wide array of retailers for kitchen, home interiors, lights and electric goods all under one roof. The Plaza has been a stupendous success with occupancy of 100 per cent.
The Plaza Mall was amongst the first in the category of specialty malls in Gurgaon. The MGF Plaza Mall specializes in (more…)
Titan Embraces Online Retailing, Expands Jewellery
Titan is India’s leading specialty retailer with >1000 exclusive stores with more than 1.45m sq ft retail space and distribution reach of >11,000 multi-brand outlets. It is India’s largest (and the world’s fifth largest) watch maker with ~25 / 45% volume / value shares. Over the past decade, Titan has emerged as India’s leading jewellery retailer through its brands – Tanishq, Gold Plus, and Zoya. It has forayed into eyewear retail as well as (more…)
Dunkin’s Donut Set for wider roll out in India
Jubilant Foodworks, the Master Franchisee for Dunkin Donuts Opening outlets in Mumbai, Dunkin is now spread across 2 regions and we expect the Bangalore stores to open in FY15 as well. While each region will have flagship stores such as Connaught Place / Greater Kailash in Delhi and Bandra in Mumbai, the model likely to be replicated is of smaller outlets measuring between 1,500-1,600 sqft with about 6-7 employees per shift. We also expect sales for each outlet to be similar to a new Dominos’ Pizza outlet. The stores are clearly attempting to bridge a gap between cafes / quick service restaurants and more casual dining restaurants, offering menu choices wider than (more…)
Review of the Metropolitan Mall, Gurgaon
The Metropolitan Mall in Gurgaon features a magnificent 7-cinema multiplex, a beautiful atrium for visitors to hand around in, the best mix of brands – national and international, 150 retail outlets, a food court, 15 speciality restaurants, and a bowling alley. It’s a melting pot of various types of entertainment that caters to variety of tastes, making it the complete family, fun, entertainment destination and a world class experience for its customers.
A shoppers delight, The Metropolitan Mall in (more…)