E-commerce in India – Version 3.0?

  Flipkart‘s successful raising of $200 million (about Rs 1,200 crore) in its fifth round of funding could well mark the launch of version 3.0 for India’s still fledgling but rapidly maturing e-commerce activity. The timing of this announcement could not have been more propitious since till just before this event, there were growing legions […]

Differentiation- the key to success for modern Retailers

  A few weeks ago, taxis painted with familiar multi-coloured stripes waited at toll booths at entries to the city of Thane to ferry passengers for free to a newly-launched hypermarket. HyperCity, the Shoppers Stop-promoted grocery chain, had opened shop in a new mall. It had even advertised waiving of toll tickets for shoppers who […]

Mydala partners Tata Docomo for mCoupon service

Mydala, India’s largest mobile coupon provider today announced its partnership with Tata Docomo, the unified brand of Tata Teleservices Ltd to launch unique mCoupon service. This service will be a combination of push and pull based service where Tata Docomo GSM customers will be able to choose and see the deals of specific categories or […]

Labour laws, costly credit crumple garment exports

ROUGHLY a decade ago, India threw open garment production — until then the preserve of small scale industries (SSI) — to organised industry, hoping to make major headway in exports markets. But that was not to be. Blame the country’s inflexible labour laws, the clothing segment’s share in the country’s total textile and garment exports […]

Forever 21 launches first flagship store in Delhi

DLF Brands has announced a joint venture with international fashion label Forever 21. Forever 21 is a name celebrated by many style conscious and trend-savvy shoppers and has quickly become the source for the most current fashions at the greatest value. The brand is a destination point for on-trend fashion with budget friendly price points […]

Many casualties in modern retail as clicks kill bricks

Ahmedabad: While the number of online shoppers in India is expected to go up to 3.80 crore by 2015 and e-commerce would grow to $24 billion, in the last five years e-retailing has adversely affected some categories due to increasing preference for online retail. Brick-and-mortar retailers which so far sold books, music, gift items, mobile […]

Shopping through smartphones on the rise: study

An online study among smartphone users has found that 65 per cent of them use their phones to make a retail purchase, and 81 per cent of them frequently use social media to seek advice before making a purchase. As many as 78 per cent of smartphone users also frequently use their phones in a […]

Red tape, graft: India no super market for Wal-Mart

(Reuters) – Wal-Mart’s India expansion is stalled. When India announced last September that it would allow foreign supermarket chains to take majority ownership of their local operations, it marked a victory for Wal-Mart Stores, which had spearheaded efforts to open the market and said its first retail store would open within two years. Now, two […]

McDonald’s India set to serve up 12,500 jobs by FY 15

Hardcastle Restaurants Pvt. Ltd., the company that operates and manages McDonald’s restaurants in South and West India will be engaging approximately 12,500 employees across the region by FY15. This drive at stepping up employment is in line with the company’s plans to expand their presence over the next couple of years from the current 161 […]

Tatas’ Trent exits contract with Xander group

Reports said that Tatas’ retail arm Trent exited six-year-old agreement with Xander Group. The company is planning to focus on standalone stores to expand its Star Bazaar hypermarket, report was quoted as saying. Trent has not opened a single Star Bazaar store in 2012-13 because those in the pipeline were located inside shopping malls.   […]