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 […]

HyperCITY celebrates Republic day

Republic day is a day celebrated most majestically across the country which displays the world’s most impressive parades, cultural performances in colourful and exciting ways. This day is celebrated with much zeal and pride all across the nation. HyperCITY India’s most admired hypermarket takes this opportunity to celebrate this Republic Day is its most patriotic […]

Hypercity unveils pop-up store in Bangalore

Shoppers Stop’s hypermarket arm Hypercity has opened a pop-up store in Whitefield, Bangalore. A first of its kind in India, the 1,000 sq. ft. store aims to provide shoppers a sense of the variety, depth and exciting offers that they can expect from Hypercity. The official 30,000 sq. ft, store which will be Hypercity’s third […]

HyperCITY opens POP-UP store in Bangalore

Hypermarket giant HyperCITY recently opened a pop-up store in Whitefield, Bangalore. A first of its kind in India, the 1,000 sq ft store aims to provide shoppers a sense of the variety, depth and exciting offers that they can expect from HyperCITY.   The official 30,000 sq ft store which will be HyperCITY’s third in […]

Shoppers Stop to reduce HyperCity’s store space

While global retailers are making a bee-line for India, home-grown retailers like HyperCity are still struggling to break-even. In a bid to make this format profitable over the next three years, Shoppers Stop is working on a strategy for HyperCity. It involves cutting down store space from the current 1 lakh sq. ft. to 70,000 […]

HyperCITY bags ‘Most Admired Hypermarket of the Year’ award

HyperCITY, the country’s very own big store has bagged the ‘Most Admired Hypermarket of the year’ award at the India Retail Forum 2012 hosted by IMAGES last week. The competition was a close one with reputed retailers nominated in the same category on grounds of Technology innovation, Vendor management, Human resource initiatives, Merchandising, Marketing, Customer […]

Pantaloon to curb expansion, focus on 16 cities

Pantaloon Retail India Ltd, the country’s largest retailer, is consolidating its business in the top 16 cities and a surrounding network of secondary cities, exiting from smaller towns that don’t fit into this network, a top company official said. The consolidation would help Pantaloon Retail improve profitability as it looks to get investors on board […]

Shoppers Stop MD says FDI will be limited to HyperCity stores

Shoppers Stop Ltd (SSL) will decide about accessing FDI after studying the policy announcement made by the Government but this would be limited to its high end HyperCity stores format, according to Govind Shrikhande, Managing Director, SSL, Mumbai. He said the company, which has 160 stores at present under different formats, would ramp up their […]

Future Supply eyes business from large FMCG brands

Having established its brand distribution business with the network of modern retail chains, Future Supply Chain Solutions is expanding the new vertical to cater larger FMCG brands. The company expects Rs 80-100 crore revenues from this new business vertical this year. Future Supply Chain had last year ventured into organised distribution of FMCG brands to […]

Hypercity aims to breakeven by 2015

Shoppers’ Stop’s large-format retail arm, Hypercity has been the biggest drag. Though it started operations in 2006, it has taken longer than average hypermarkets to turn cash-positive so far. But despite a net loss of Rs 88 crores in FY12, Hypercity management is confident that it will break even in FY15 owing to the company’s […]