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 […]

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 […]

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.   […]

Big boys of retail want to move online

New Delhi: Brick-and-mortar retailers such as Future Groups’s Big Bazaar and Aditya Birla Retail are understood to be ramping up their back-end to gear up to the e-commerce revolution. The idea is to find additional revenues, reach out to Net-savvy consumers as well as mitigate costs related to real estate among others. Players such as […]

Flipkart launches payment gateway solution for merchants

Flipkart, India’s largest e-commerce company has launched its own payment gateway service called PayZippy. The current version of PayZippy will only power card payments for websites and mobile sites of Indian merchants. The company however said it would soon launch a larger customer-centric payment gateway solution. “This launch is a pre-cursor for a larger customer-centric […]

Walmart may face fresh probe in lobbying issue

New Delhi:  Walmart may face a fresh probe into its lobbying activities for entering India, after issues raised by a one-man inquiry committee set up by the government, were stonewalled by the global retailer. The inquiry conducted by the panel remained inconclusive and it was not satisfied with the replies provided by the US-based retail […]