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 […]

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.   […]

Biyani reboots retail ambition with ‘I am in’

A year after selling off the Pantaloons fashion piece to Aditya Birla Nuvo for R1,600 crore in a bid to deleverage his business, Kishore Biyani is back in business. His Future Group is set to re-enter the fashion space with an altogether new store brand ‘I am In’. As in the case of Pantaloon, the […]

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 […]

Which Indian cities are major retail brands eyeing?

For retail players, stagnation and obsolescence are two sides of the same coin. Though expansion is often a challenge in a curtailed economic environment, it is nevertheless a necessary function for success. Retailers who wait too long to expand into new territories, or are content to stay where they are, are missing the growth wave […]

Is India ready for SHOWROOMING?

In a decade or so, the shopping experience is going to be completely digital, and it would be impossible to miss digital billboards, virtual shops, interactive posters or cyberstores as you walk down your favourite shopping lane. Unqiue QR codes on interactive billboards and kiosks will gleam at you, and invite you to ‘check them […]

HOW CAN SHOPPING MALLS REMAIN COMPETITIVE?

Shopping malls have been at the forefront of urbanisation in India and other key emerging countries. In the case of India their were only three shopping malls with a total retail space of one lakh sq ft in 2000, and the capacity in the organised sector is expected to reach 100 million sq ft shortly. […]