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 […]

Hypermarket operators tweak models to cut costs, increase margins

Hypermarkets, or large supermarkets, run by Tata-owned Trent and RP Sanjiv Goenka Group’s Spencer’s are tweaking their operating strategies to improve store productivity and bolster margins. Both Star Bazaar, the hypermarket chain of Trent, and Spencer’s are chasing profitability after years of losses. Star Bazaar is looking at opening stand-alone stores, as opposed to those […]

Birla Retail aims to open 100 supermarkets every year

Aditya Birla Retail, retailing arm of Aditya Birla group, is looking at opening 100 supermarkets under ‘more’ brand every year in the next three years, including this year, to bolster its retail presence. Birla Retail is also planning to open half dozen hypermarkets next financial year. Birla’s plans come after the retailer closed 40 supermarkets […]