Retail Mantra

Pizza Hut Vs Dominos - Business Model - Strategy Comparison in India

2012-01-17T10:35:00.002+05:30

Jubilant Foods master franchise of Dominos operates on a business model significantly different from that of its closest competitor Pizza Hut (part of Yum! Brands), which operates through at leasteight franchisees in India including Devyani and Dodsal. The key differences between the two business models are as shown below.Franchisee rights - Exclusive rights for the whole country. [Dominos]Shared

Pizzas + Burgers + Fast Food Grows 25% YoY in India

2012-01-16T09:43:00.003+05:30

We have already seen that Indian Organized Food Industry occupies a 15% market-share within the overall food services industry. The quick service restaurants (QSR) / Fast Food format has been one of the fastest growing ir-respective of the economy and global environment with a CAGR of 20%-22% over FY06-FY11 (around 25% more recently). The key factors driving growth of the QSR segment are as

Segments of Indian Food Services Market

2012-01-16T09:31:00.002+05:30

Based on anecdotal evidence, the size of the Indian food services industry is estimated at US$250bn, and growing at 15%-20% CAGR over the past five years. The organized retail food industry occupies mere 15% of the overall food market and this is how various sections of the industry are stacked against each other in Tier-I & II Cities. As you go towards Tier-III cities, start discounting the

Insight into Foreign Investment [FDI] in Retail

2011-11-28T09:21:00.003+05:30

With the Government allowing foreign participation in retail, this opens up opportunities for local companies to access cheaper foreign capital which will allow them to simultaneously build front end retail space as well as back end infrastructure. While the proposal is cleared now, it will still take at least six-eight months more for companies to have foreign partners in place.Excerpts from the

TTK Prestige Rides on Tier - 2 /3/4 Cities Boom

2011-11-22T19:53:00.003+05:30

The Inflationary Pressure in the Indian Economy is taking its toll on the Consumption of Consumer Durables. For instance, consumer products like fans have seen a drop in sales momentum. In this context, we have tried to find out how the sales of small consumer products like cook-ware and kitchen appliances is holding up for certain brands like TTK Prestige.Digging deeper into the TTK Retailing

Titan Gets Favre Leuba on Time

2011-11-17T10:38:00.002+05:30

Titan has signed a binding agreement with Spain’s Valfamily S.L. and Switzerland’s Maison Favre Leuba, S.A. for the acquisition for Favre Leuba for ~INR138mn with no royalty charges. The transaction will give Titan the global rights to trademarks of this brand. We believe this strategic move will complement and strengthen the existing watches brand portfolio that includes Titan, Fastrack, Sonata,

Best Price Modern Wholesale - Lucknow Sushant Golf City

2011-11-14T08:37:00.003+05:30

Bharti-Walmart operating in India in the Cash & Carry Segment opened Best Price Modern Wholesale Store in Sushant Golf City, Lucknow.This is Bharti-Walmart's first cash and carry store in Uttar Pradesh with a built-up area of ~65,000 sq.ft. The ‘Best Price Modern Wholesale store’ will stock more than 6,000 items with a range of fresh, frozen and chilled food, fruits and vegetables, dry groceries,

Wine & Women in India Industry Outlook

2011-10-29T12:19:00.002+05:30

In our last post we introduced you on how Wine Retailing has picked up in India. Today we will have a look on the emerging class of Wine Consumers [Purely Wine, not any other alcohol] - Women and Youth along with the outlook for the Industry.Wine & Women in IndiaIndian Women are increasingly becoming financially independent with increased participation in social events and occasion. As they join

State of Indian Wine Industry - Part -1

2011-10-28T11:53:00.004+05:30

We'd like to cover the Indian Wine Industry [Not Alcohol] just 100% Wine - the Current State, Major Players, Consumers and the outlook for the same.What has Wine got to do with Retailing in India ?More than 30% of wine was sold via organized modern retail trade system in FY-2010. It is expected that retail trade will increase in the future as people will start gaining awareness and knowledge of

Shoppers Stop - Expansion + First Citizen Members Big Shoppers

2011-10-27T20:19:00.004+05:30

Govind Shirkhande-Customer care associate and MD of Shoppers Stop addressed a conference call on the state of its Retail Business at the end of Sept-2011. Here is an excerpt from the same for your Case Study / Information.The company has operated in more than 3.93 million sq ft area across 20 cities as on 30 September 2011. Shoppers Stop currently has 43 stores with presence in 20 cities.Home

Cosmos MegaMall Siliguri - Review

2011-09-25T13:19:00.003+05:30

The Cosmos Megamall Located on Sevoke Road in Siliguri is the only mall in North East India. Spread over 4,00,000 sq.ft of shopping area, the mall showcases more than 60 brands -- both national and inter national -- which includes giants like Pantaloons, Big bazaar, ezone, Nokia Priority, Timex, Thomas Scott, Numero Uno, Hoffmen, John Players, Recap, Turtle, Reebok, Pepe, Hakoba, D'damas,

Working / Dating Etiquette - Barista / Cafe Coffee Day

2011-09-21T11:17:00.003+05:30

As Coffee Shops have evolved into from just being Coffee Shops offering Wi-Fi and the Best Infrastructure for Work / Pleasure, consumers are increasingly using them to finish off their sales report, customer meetings, etc. In the context of Youth they have been a good place for Dating. Here are some Do's and Don'ts unofficially released by CCD and Barista for the benefit of this new

Shoppers Stop - Expansion + Store Growth [Sales]

2011-07-08T11:15:00.002+05:30

K Raheja promoted Shoppers Stop has planned Phased growth for its Lifestyle Stores. The Flagship Departmental Store will add 1.5mn sq ft of retail space (~25 stores) over FY11-14. In addition it intends to open 15 Hypercity stores (~1mn sqft) over the same period. Specialty formats like Crosswords and Home Stop will also witness disciplined store openings.The management said that the top 6 cities

Online meets Local Kiranas + Brand Building = Aaramshop

2011-07-07T17:30:00.002+05:30

The Indian Retail industry will be among the top 10 in the world and every entrepreneur wants to carve his name in this niche like Sam Walton or Kishore Biyani. Today we introduce to you Mr. Vijay Singh, CEO of Aaramshop a Delhi / NCR based startup who is toying with the new idea of involving Consumers of Digital age, FMCG Brands and the last mile mom-pop store to do the actual business :-)Mr.

Foodhall - Competes Nature's Basket + Gourmet West

2011-05-31T09:03:00.003+05:30

Future Group, currently present in the food retailing space through Food Bazaar, KB's FairPrice and Foodrite, is going up in terms of positioning with its latest venture, Foodhall.Why Foodhall ?Godrej's Nature's Basket saw 70% Y-o-Y growth across its 12 stores in Delhi and Mumbai in FY11 is a testimony to the demand buoyancy. The Tata group through Gourmet West, stocks high end gourmet products,

Titan - Tanishq + Jewellery is 75% of Business - Expands in Tier- I Cities

2011-05-30T11:38:00.003+05:30

Tanhisq Jewellery now contributes 75% of the Topline for Titan Industries Ltd. Despite the pan-India presence and market leadership, Tanishq as a premium jewellery brand has been unable to occupy a dominant position in Tier-I cities. Thus transition to large format stores are a means to improve visibility and reach in key gold consuming regions.From an average store size of 2,000 sq ft, the

Pantaloon / Future Group Expansion in Q1-2011

2011-05-17T19:17:00.002+05:30

We all know that Pantaloon Retail is the largest organized retailer in India, with a retail space of more than 14msf under its belt. It has presence in multiple categories through different formats like department stores (Pantaloon), hypermarkets (Big Bazaar), seamless mall (Central) and standalone stores.In Q1-2011, Future Group added 0.68msf takes total area under operations to 14.8msf. The

City Mall - 36 Raipur - Review

2011-04-17T16:20:00.002+05:30

The City Mall-36, is located at G.E. Road (NH-6), Raipur. The capital of Chhattisgarh state, Raipur has a population of approx 3.3 Mn, and is surrounded by giant industries like Bhilai Steel Plant, SECL, BALCO, NTPC, Jindal Steel etc.City Mall 36 is the pioneer mall in the area, and offers complete family entertainment with a unique shopping experience. The total built up area of the property

Subhiksha Rise & Fall - Case Study

2011-04-15T16:02:00.003+05:30

We present to you the brief excerpts of the Case Study of Subhiksha's Rise & Fall in the Indian Retail Space.Subhiksha, once the blue eyed boy of Indian retail, R Subramaniam in 1997 pioneered the value retailing concept in India and has now become a case study on what not to do in the industry.Subhikasha had a go to market strategy, they started off in Chennai by opening small (not more than

Center One Mall Vashi - Review

2011-04-10T05:35:00.002+05:30

Center One (a part of the Benzer group) is Located at Vashi, the heart of Navi Mumbai, and very close to the affluent residential areas of Nerul and CBD. The property is strategically located between Sector 17 and Vashi Railway Station / Bus Depot and shares a common border with Mumbai-Pune Express Highway on one side and Palm Beach Road 9connects Nerul, NRI Complex, CBD & Dronagiri to Vashi) on

Garuda Mall - Bangalore - Review

2011-04-04T11:00:00.002+05:30

Garuda Mall is ideally situated in the heart of Bengaluru off Brigade Road and MG Road. Developed on 156000 sq. ft of land. The Anchor of the mall are Shoppers Stop, West Stide and Inox, Shoppers are there in the Ground, first & Second Floor, West side are there in the Ground and First Floor, Inox are there in the 4th Floor with 5 Multiplex Theatre with a capacity of 1400 approx, on the 3rd Floor

Ansal Plaza - Gurgaon + Greater Noida

2011-03-28T12:36:00.001+05:30

Today we review the Ansal Plaza Malls at Gurgaon and Greater Noida. The One shown in this picture is that at Greater Noida. A 15 minute drive from Delhi by DND Flyway and easily accessible from the Taj Expressway, Ansal Plaza will cater to a rapidly growing catchmetn area with an all-round development of residential complexes & infrastructural development undertaken by leading builders of the

Titan Taj Collection - Luxury Brand - Fat Margins

2011-03-23T23:50:00.004+05:30

Titan from the house of Tata's caters to every segment of the society. They introduced the concept of jewelery based on Themes which not only differentiated them from competitors but won customers who found a reason to Shop :-)In continuing this business mode, they introduced the TAJ collection is a tribute to the exquisite craft of the world's greatest wonder. It is an ode to the spirit behind

Multi-Brand Outlets - Foreign Investment - Part -II

2011-03-21T22:30:00.002+05:30

Late last week, we discussed the the possibility on Why the Government may allow Multi Brand Retail Outlets controlled by foreign / multi-national companies of non-Indian origin. In continuation of our discussion, we will discuss two important questions on this subject "When" this is likely to happen and "Who are the Gainers" of this move.When Foreign Direct Investment will be Allowed in Multi

Foreign Investment in Muti-Brand Retail - Part -1

2011-03-18T10:55:00.004+05:30

The Government is engaging into discussions to open Multi-Brand Retailing for Foreign Companies. You can Study the Current Foreign Investments in Indian Retail sector here. With recent discussions, we believe that modern retail sector will be opened with certain restrictions, like - 1. JV with local retailers, capping the FDI holding to 49/51%; 2. Minimum 50% of investment on setting up back-end

Lingerie Industry Sizzles with Organized / Modern Trade

2011-03-10T10:47:00.003+05:30

The Indian Lingerie industry is witnessing a robust growth on the back of Strong Brand introductions and choices for the consumer, especially the Indian Women.In volume terms, men's innerwear market constitutes 48% of the total innerwear market in India while the women lingerie segment holds a 52% share. In value terms, women lingerie segment enjoys 66% share of the total lingerie market, thereby

Hypermarkets Vs Department Stores - Margins + Capex

2011-01-13T10:53:00.001+05:30

We would liek to quickly share some Insights into the operating metrics of Hypermarkets and Departmental Stores in India compared to the rest of the world.Margins for retailers in India tend to be in the region of 8-10%. The notable thing is that there is not much difference between margins of hypermarkets and department stores. In the Western World, hypermarket margins are much lower than

Status of Indian Retail Industry - Dec-2010

2010-12-30T12:00:00.002+05:30

The last few months have been extremely busy for all our analysts. However, before we end the year, we would like to report the status of the Indian Retail Industry after the Boom, 2009 Bust and Stabilization cycle of 2010.India is the fifth largest retail market globally, with a size of US$500bn., and has been growing at 7% per annum. Retail is the India's industry of the future. The growth of

Interesting Punch Lines about Indian Consumers & Retail

2010-10-04T00:14:00.002+05:30

Some of the interesting anecdotes from the India retail summit by distinguished speakers are as follows. Do let us know what you think of the same.1. 8 in 10 malls in India will fail2. Create demand first not the back‐end. If demand is there everything else will take care of itself3. Stock turns not the most important thing, customer turns also need to be looked at4. Indians not culturally

Insight into the Shopping Consumers Mind

2010-10-01T11:47:00.002+05:30

In the Retail Forum 2010, Bindu Sethi, Chief Strategy Planning Officer, Grey Asia Pacific offered a glimpse of Consumer Minds while Shopping, which is particularly applicable to South Asia and India.1. Retail is a school not a store: Most consumers discover new products and categories in modern retail formats.2. Did you know that - 2/3rd of purchasing decisions are made in store ?3. 59% of all

Pantaloon Vs Future Value Retail

2010-08-31T10:25:00.004+05:30

Since the business restructure enabling different chains to grow, we would like to compare on how they have speard their retail wings despite difficult times in the Industry.The following Chart shows the Retail Area under operation for FY 2009-10 Vs 2008-09 of Pantaloon Retail which includes - Pantaloon Fashion, Central Malls, eZone, HomeTown and Others. Future Value Retail spun off as a

Myth & Reality of Titan's Business + Strategies

2010-08-25T09:25:00.002+05:30

In continuing coverage on Titan we would like to discuss about some of the Myths & Realities of Titan's Retail Business.Competitive Industry Impacts Margins - Titan has a huge competitive advantage in both its Jewellery and Watches businesses with strong brands, design capabilities and distribution. Titan’s financials have demonstrated the entry barriers to the business: despite the entry of a

Titan Understands the Business of Consumer Retailing

2010-08-24T08:58:00.004+05:30

Titan Industries has reinvented itself as a sought after Brand for consumers in India. We will have a look at the current state of the 3 Large Segments of its business - Watches, Jewellery and Eyewear.Watches - Not Just Time, but Fashion:Department store growth rates are at robust levels – and as department store sales are impulse purchases in the watch segment, they indicate good sentiment on

Ishanya Mall - Pune Review

2010-08-22T12:28:00.002+05:30

Ishanya Mall in Pune is a single sourcing point for 52 categories of products and services, materials and knowledge, drawn from across the best in India and across the globe. With over 50 stores open, Ishanya offers very wide choices - right from the truly price competitive to the ultra-designer league. Ishanya is emerging as a pan-India platform for architects, designers, manufacturers,

Iscon Mega Mall Rajkot - Review

2010-08-22T12:14:00.002+05:30

Located on Nana Mava Road, at a prime location of Rajkot, Iscon Mega Mall is as of now the largest mall of Saurashtra with over 2,10,000 square feet of retail space. It offers a wide range of shopping under one roof with all categories of brands in all verticals. With Westside and a 3-screen multiplex operated by Cinemax as Anchor Stores of the mall, the shopping centre has a perfect

Domino's Pizza Chain - Grabing Market Slices from Competitors

2010-08-20T22:24:00.002+05:30

The Domino’s brand posses a competitive advantage due to its differentiated positioning which we believe is sustainable for years to come. The Domino's brand created a brand pull due to its strong marketing which the management intends to leverage to its advantage by expansion across Tier II and Tier III cities.Dominos commissaries - It has 4 currently located in Noida (Delhi NCR), Mumbai,

Hi-Design Pondicherry - Review

2010-08-07T12:17:00.005+05:30

Hidesign has recently opened its flagship store in Pondicherry. The Flagship store means a lot to us and will the reference point for Hidesign in the coming years. The flagship store aims to communicate Hidesign's heritage and its growth in the past 3 decades. The store is located at 69, Jawaharlal Nehru Street, Pondicherry 605001.Here are Some Pics of the Store,Hidesign Store on the Opening Day,

Inorbit Mall - Mumbai - A Review

2010-07-17T20:16:00.002+05:30

Inorbit Mall is a subsidiary of the K. Raheja Corporation with an objective to not just create physical structures but also to influence lifestyles. Inorbit Malls, committed to setting benchmarks in retailing in India, provides an excellent walk through experience for customers. Inorbit Malls combine the knowledge of the Indian Customer and a changing Indian market scenario locating, designing,

S Kumar's Nationwide - New Dimension in Retailing

2010-07-15T11:07:00.003+05:30

SKNL is well positioned to benefit from the growth of the branded textiles and apparel market in India. It is a leading player in the branded textiles and apparel segment in India with market leadership position in the uniforms segment (30% market share) and is the 2nd largest player in the worsted suiting segment. Its product range caters to all consumer segments ranging from mass market to

High Street Phoenix Mall - Mumbai - A Review

2010-07-12T08:07:00.000+05:30

High Street Phoenix, among the first consumption centres developed in India, covers 3.3 million square feet of space and houses retail, entertainment, commercial and residential complexes-all under one roof.Now regarded as Mumbai's premier lifestyle destination, High Street Phoenix has the reputation of being the flagship for shopping and entertainment hubs across the country. It reflects the

Kaya Skin Growth Deteriorates - Client Retention Falls

2010-07-08T07:45:00.000+05:30

Marico is facing a steady deterioration in the fortunes of its flagship business, Kaya Skin Clinic which was one of the fastest growing segments of the company.The Managament says that Kaya will continue to make losses in FY11F (we estimate a loss of INR100mn) and is only looking at breakeven in FY12F. Management remains convinced of Kaya as a business model and reaffirms its view that it will

51% FDI in Multi-Brand Retail Proposed

2010-07-07T10:15:00.002+05:30

Currently the Indian Government allows Foreign Direct Investment in the retail sector in single brand outlets only. Multi Brand retailers are operating with an Indian partner. The Government has now proposed to allow 51% FDI in Multi Brand Outlets - This means Costco, Sams Club, Careefour etc can now directly retail to the Indian consumer.A copy of the proposal was sent to us inviting our

Food + Beverages + Appareals + Furniture - Market Size - Historical Data

2010-07-07T09:49:00.004+05:30

Different Reports of various research entities have always given different figures on the total consumption directly linked to the Retail Market Size in India. To satiate our urge, we filed an RTI and obtained 100% Authentic Data from the Government of India and we would like to share it with our readers. Data is interpreted in USD Bn to help Global Readers. INR Table is also published at the

Spencer's - Financials + Business Verticals Insight

2010-07-06T07:24:00.006+05:30

We would like to Present to you a Detailed Study on the Financial Matrix of Spencers Retail and the Managements View on the business and how it managed to cut losses and sail the 2008 storm.Financials of Spencers Retail:In FY10, our pre-tax losses have reduced by 50% YoY. The cash losses have also halved to Rs2bn (excluding Rs200m incurred by Music World). There are several adjustments to

Cosmos Mall - Bangalore- A Review

2010-07-06T07:11:00.001+05:30

Cosmos Mall, located at Whitefields, Bengaluru is about 15 minutes from ITPL and 10 minutes from Marthahalli. It provides a diverse shopping experience to its customers with a combination of value and lifestyle products.Spread over an area of 145,000 sq. ft and four stories, the mall houses popular retail brands such as food Bazaar, Pantaloons, Depot, ezone, Urbana, Scullers, Adidas, The Body

Spencers focus shifts from Supermarket to Hymermarket

2010-06-06T18:48:00.006+05:30

Excerpts from Enterprising India an interview with Mr. Sanjiv Goenka.His views On Spencers Retail BusinessI certainly expect Spencer’s Retail to become profitable, but would not like to comment on the precise time. In the retail business, we are creating a new vertical. It is a pioneering effort and a challenge, but we do believe we are on top of that challenge. I think sanity has come back into

Flamez Shopping Mall Ludhiana - A Review

2010-06-05T17:56:00.002+05:30

Strategically located at Sarabha Nagar, Flamez Shopping Mall cum Multiplex, Ludhiana, is the first operational shopping mall, multiplex and hypermarket in all of Punjab. The first 4-screen PVR multiplex of Punjab and the first Reliance hypermarket are both located in Flamez Mall. Reliance Footprint and Reliance Kitchenware are also present in Flamez. Since the start of operations (Aug/Sept'07)

Reliance Retail Lost 260 cr in FY 2010

2010-06-04T11:06:00.003+05:30

The over hyped Reliance Retail venture is yet to take-off. The company lost Rs 260 cr in FY 2010. Though Reliance operates ~1,000 retail stores in 14 states (85 cities) there is not a single commendable venture and the company is still battling for a strong foothold.Reliance Fresh has highest share it sales as well as losses. Reliance has invested Rs52bn of equity in its retail ventures a fifth

Mapping the current Retail Scenario in India

2010-06-04T10:29:00.003+05:30

The Indian retail industry (estimated size of INR1.2tn and US$24bn) has witnessed a robust growth of 12% over the past five years as rising income levels, favourable demographics and urbanisation trends have helped drive consumption boom.Organized retail has seen an even sharper increase of 43% over the same period helped by a combination of factors including low penetration levels, rising

Strategies for Success - Part - II

2010-06-01T12:53:00.002+05:30

In continuing our research post on Winning Strategies for Retailing in India here are the last 4 commandants as come up by our in-house research team.Is there a Fixed Business Model for Success ? The answer is NO. While Pantaloon successfully added 7msf from FY06-FY09, Trent and Shoppers Stop remained conservative due to the lack of availability of quality retail space at reasonable rentals and

Top 10 Strategies for Success - Part - I

2010-05-31T11:29:00.004+05:30

What separates the men from the boys in India Retail Inc.? There have been more failures than successes in organized retail in India. We believe that in the last two years, when capital was scarce and consumption patterns were weak due to the global economic crisis, it has clearly emerged that retailing in India is not as easy as it seems.We will have a look at the Top 10 Business Strategies for

Dindayal City Mall - Gwalior - A Review

2010-05-29T11:53:00.003+05:30

The City Mall with its ultra modern architecture and stylish setting of extensively landscape greens will be identified as Gwalior's 21st century landmark. Designed to be an earthquake resistant structure with bigger span pillars the City Mall will create a feeling of solidity while retaining elegance. Provisions for rainwater harvesting, a waterfall and fountains will also add to the City

Wky Kaya Skin Clinic Acquired Derma Rx of Singapore ?

2010-05-26T10:35:00.003+05:30

Kaya Skin Clinic's Parent Company Marico has acquired the aesthetics business (essentially skin care products and services business) of Singapore-based Derma Rx for a purchase consideration slightly above Rs1bn.Derma Rx has well balanced revenue mix — Products constitute >50% of Derma RX’s revenues of around Rs500m. PAT margins of ~20% imply that Marico’s FY11E PAT will rise by ~3.5%, before

Kishore Biyani Way Ahead - Management - Sucecssion

2010-05-26T07:52:00.002+05:30

This is the concluding part of the three part interview with Kishore Biyani as published in "Enterprising India". You can read Part 1 and Part 2 before proceeding.Mr. KB's Vision for Pantaloon / Future Group for the coming decadeWe want to be a dominant player in India’s consumption, especially modern consumption. You can’t get a bigger canvas than US$400bn, which will become a trillion dollar

Kishore Biyani on Consumerism & Retailing

2010-05-25T19:38:00.003+05:30

This is the Second Part of the 3 Part Interview with Kishore Biyani. Read the First Part here.Part - II - Excerpts from Enterprising India.Kishore Biyani's Views on connecting with Consumers and creating a conducive environmentCreating the right environment is very critical. There are a few emotions that determine shopping behaviour. The most fundamental of them are greed, altruism, fear, envy,

Kishore Biyani - Entrepreneurial Journey Begins - Part -1

2010-05-24T19:40:00.005+05:30

In an exclusive interview published in Enterprising India, Kishore Biyani the Pioneer of Indian Retail spoke on his entrepreneurial retail yatra. His venture Manz Wear started at the age of 26 later transformed into Pantaloon Fashions / Retail. Excerpts from his interview is as follows,Leaving the Family Business to Stand on Own FeetWhile still in college I had decided that I didn’t want to

Impact + Challenges - Pantaloon Supply Chain System.

2010-05-19T19:35:00.001+05:30

In the previous post we explained Future Group's effort for consolidation of Distribution Centers and Supply Chain Solutions. We will briefly discuss the impact so far the company has had and the challenges ahead of it in this ambitious project.Impact of New Supply Chain:With current initiatives, PRIL has managed to take up its fill rates from Mumbai DC from 70% earlier to ~90% currently. With

Future Group Supply Chain Optimization Strategies

2010-05-18T19:20:00.002+05:30

The Pioneer of Indian Retail - Mr. Kishore Biyani, who probably understand the retail business better than anybody else in India has restructured his Supply Chain and back End. Today we will have a look at his efforts in Distribution Center Management.The number of DCs for Apparels has been brought down from 15 to 5 and for General Merchandise from 16 to 8. This will help to consolidate inventory

Nike - Experiential Marketing Strategy for Growth

2010-05-13T10:52:00.004+05:30

Sportswear giant Nike oepned its new showroom in Bangalore and the major marketing theme which ranks the store higher than its peers is the Personalized Solutions it is offering.The store has a running area where customers can get their foot scanned which will analyze pressure and generates a report on the kind of feet the jogger has and the right kind of footwear for the same.Data suggests that

Samsonite Expanding Business & Family Travel Portfolio

2010-05-13T08:11:00.002+05:30

Ramesh Tainwala, president of Samsonite is very upbeat about the Indian market, especially in the context of competing with their global competitor American Tourister which seems to be quite aggressive in its rollout as well.Samsonite India is a $100 mn market and contributes about 8% of Samsonite's total revenue. Samsonite will open Samsonite Business stores in all airports due to the fact that

Review of Fun Republic Lucknow

2010-05-08T21:53:00.002+05:30

Fun Republic Lucknow located at Eldeeco Greens is built over a Total Plot Area of approximately six lakh sq. ft With an atrium of 15,000 sqaure feet size, Fun Republic Lucknow facilitates navigation through 14 escalators, seven elevators and four traveltors.The anchor tenants at Fun Republic Lucknow include Shoppers Stop. Spencer's, Max Lifestyle, McDonald's, The Home Store and Pantaloons. The

Malls India - Way Ahead - Consolidation + Innovation

2010-05-06T12:04:00.003+05:30

We have been covering the Indian Mall / High Street Retail Space and today we conclude the series with future outlook of the sector in the medium term.At the end of the day, early entrants who had anchored themselves strongly have a better chance of tiding over recessionary waves. The current slowdown is being treated by many as a blessing in disguise, which will force the industry to attune

Apollo Pharmacy Chain Shifts Focus to Bottomline

2010-05-05T09:28:00.005+05:30

Apollo's pharmacy is a subsidiary of Apollo Hospitals Ltd and is the the largest chain of pharmacy outlets in India, which has grown aggressively to reach 1000+ outlets in the last five years. The pharmacy business contributes about 23% of overall revenue in FY2010E.Apollo is now deemphasizing growth in the number of its pharmacies and looking to improve margins for the existing outlets. Although

S Kumar to Design + Market DKNY Menswear globally

2010-05-04T08:41:00.002+05:30

S Kumars Nationwide Ltd - SKNL which started the retail venture by becoming authorized distributors and retailers of Foreign Apparel brands has stepped ahead in the race by incorporating a JV with Donna Karan International to Design, Produce and Retail DKNY Menswear brand for the next decade across the world except Japan. SKNL will hold 90% in the venture. SKNL already has the license to produce

Brands Target Women Centric Portals for Advertising

2010-05-04T08:22:00.003+05:30

Modern Indian Women are considered intelligent and trendy as well. In a bid to woo them, Retail Brands like Himayala, TBZ Jewellery are increasingly targeting resorting to Advertising on Woman specfic portals such as EvesIndia.com, IndiaParenting.Com. According to Ozone Media , women account for 25% of the total internet users in India. Kiran Dixit of TBZ said,The rupee investment gets stretched

Pantaloon Retail Results - Meet Expectations

2010-04-26T12:12:00.000+05:30

Pantaloon Retail Revenue growth was in line with estimates, 13.9%. Despite higher operating costs – 21.1% of revenue, compared to 17.6% of revenue in value business – Lifestyle earns an operating margin of 17.8%, more than twice the 7.4% in the Value business. Though Lifestyle contributes about 30% to overall revenue; 43% of interest cost and 48% of depreciation costs is attributed to the

Winning strategies for Mall Development

2010-04-21T13:11:00.000+05:30

In continuing our coverage on Mall Development in India, today we will touch base on the Winning Business Strategies for Mall Developers. You can fine tune and apply the same for your family / consortium promoted Retail Business Realty Development as well. Post slowdown, it is expected that retailers would be a lot more cautious in terms of their expansion and would evaluate the profitability of

Review of the Center Square - Vadodara

2010-04-16T09:23:00.005+05:30

Kshitij Retail Destinations (KRD) announced the launch of its first mall 'Center Square' in Vadodara in June 2008. Center Square is located in Vadodara's new retail hub Sarabhai Circle, an area that is fast becoming popular for its attractive shopping and hangout options. The mall is spread across four floors and 1,40,000 sq.ft. offering a variety of shopping, entertainment and food options

Venturing with Sucess in Mall Development

2010-04-14T12:42:00.003+05:30

The concept of a mall has evolved over a period of time and the idea is not just to build a concrete structure or have a number of retailers as tenants or even to command a large number of footfalls but to take the challenge to create a concept / shopping experience which can sustain operations over an extended period of time.The Mall development lifecycle has 3 stages, Planning /

Kaya's Strategy for Growth + Financials

2010-04-07T11:39:00.005+05:30

Dabur's retail operation is in a state of flux, like most of modern retailing in India. The reduction in average store sizes, closure of unviable stores (almost six stores have been shut) and adoption of 'revenue sharing' models for new stores is a step in the correct direction towards profitable growth.The strategy on the retail business is to focus on profitability as loss levels reduce

@Home - Furniture Retail - Financials + Expansion Plans

2010-04-04T11:53:00.004+05:30

@Home [by Nilkamal] is a chain of complete home decor stores across the country that retails a wide range of imported furniture (readymade furniture), soft furnishings and home accessories (100% trading venture). '@home' with its international style retail format has been one of the first organized movers in the industry which created its own identity as a specialty store for home decor. It is

First Review of Cross River Mall - Delhi

2010-04-02T15:10:00.004+05:30

Crossriver Mall is located in the Central Business District of Shahadra, Delhi. With a total Built up Area: approx 2.5 lakh sq ft, it offers 23,226 sq. mtrs. area for retail & leisure. Anchor Tenants are Pantaloons, McDonald's and Haldiram's. the Multiplex is operated by Fun Cinemas, while the food court area is 25,000 sq.ft.Its USP as the longest mall in Delhi and NCR is combined with a

Shoppers Stop - Revival and Growth

2010-04-01T10:42:00.002+05:30

Shoppers Stop is now in expansion mode, having exited some of its non-core retail ventures, thus enabling it to focus on the department store business. With an addition of over 1msf over FY11E-FY13E, increasing the retail space by more than 33% to 3 msf, we expect the company to leverage on its business model and brand equity.The company focuses on large box formats of Shopper’s Stop (average

Reliance Retail's Business Strategy for Lifestyle

2010-03-26T19:16:00.006+05:30

Reliance Retail's Lifestyle Division CEO Bijou Kurien has updated the Groups Business Strategy for the next 12-18 months and here is an excerpt from the same,Reliance Timeout will grow to 20 stores while Reliance Jewels will hit 50 stores by 2011 and they are close to store level break-even point alreadyOver half of Reliance VisionExpress stores have already broken evenThe Marks & Spencer brand

S Kumars Nationwide - Global Business Model

2010-03-26T18:39:00.004+05:30

S Kumars Nationwide (SKNL), the flagship company of the SKNL group, is a vertically integrated company from yarn to garments. The company also operates in the home textile segment. SKNL is the market leader in uniforms with 30% market share.The company is in the business of selling branded products through its vast distribution network of 400 wholesale dealers, 30,000 retail points of sale and

Can Spencers Really Breakeven ?

2010-03-18T12:51:00.001+05:30

Having been in the retailing business for some time, the Spencer management realized that retailing cannot be carried out at all locations. For example, locations such as south of Bandra in Mumbai were not viable due to high rentals. Locations such as some in South India and Kolkata were good as rentals and turnover were very favorable. As a result, Spencer has aggressively closed down 170

Changes in Retail Evolution

2010-03-13T12:48:00.003+05:30

Studying the modern retailers business, data suggests that the modern retail sector in India is maturing – the focus has shifted from aggressive revenue growth to a phase where revenue growth, profitability and cash flow objectives have to be balanced. Retailers are focused on closing unprofitable stores and re-calibrating existing stores, making supply chains more robust (to lower inventory

Economic Cycle - New Chapter in Retail

2010-03-12T12:45:00.001+05:30

The long-term opportunity for modern retail in India was keenly questioned over the past fiscal as incumbents weathered a cyclical economic slowdown. As with any cycle, some players emerged as winners while there were some survivors and a handful of bankruptcies.Organized retail in India is beset with certain structural issues, which were sharply exposed in the economic downturn. Primary concerns

L'Oreal launches premium Hair Care products

2010-03-09T12:51:00.000+05:30

India remains a key focus market for L'Oreal and we have seen aggressive activity in hair color, shampoos and skin care in recent times by the company. L'Oreal India is emerging as a significant personal care and cosmetics player both in mid end (Garnier) and high end (L’Oreal) segments. It recently launched L'Oreal Paris Total Repair 5 hair care range in India. The hair care includes Shampoo,

Biggest malls in India

2010-03-09T09:25:00.002+05:30

India is seeing rapid mall development. Most of the Malls are categorized as Regional Malls [Total Lettable Area < 1 mn sft]. Compare this to Super Malls [Lettable Area > 1.1 mn sft], India doesn't even have one. However, with its rising Middle Class and scarce Land, Regional Malls are the way to look forward. Here are the 10 Largest Malls in India as on today. MantriSquare in Bangalore, InOrbit

Consolidation in Mobile Handset Retailing

2010-03-08T12:53:00.000+05:30

The Future Axiom Mobile Handset vendors with 340 stores across India including the shop-in-shops have decided to push the Exit button and join hands with Essar Group's The Mobilestore for a minority stake in the company.Furure Axiom sells about 35,000 handsets every month on PAN India basis.This is actually a good move by Kishore Biyani since Future Axiom competes with other formats of the group

Raymond Restructuring Apparel Business

2010-03-06T09:27:00.003+05:30

As we said in an article on the evolution of Retail sector in India, which has entered the consolidation phase, Raymond executives probably read our article and pushed the Go button for their restructuring.Raymond wants to extend the reach of its flagship brands and chop all the non-performing ones. Notting Hill which was introduced in 2007 for the common man didn't perform well even 24 months

Budget 2010 Impact on Retailers

2010-03-03T11:46:00.001+05:30

The Union Budget appears to have settled the ambiguity regarding service tax on rentals paid by retailers to mall developers. It has amended the definition of Renting of immovable property service to provide explicitly that the activity of renting itself is a taxable service. More importantly, the change has been given retroactive effect from June 2007. The potential negative implication for

Dev Arc Mall Ahmedabad - Stores + Review

2010-03-01T09:02:00.003+05:30

Dev Arc Mall, Ahmedabad is constructed on an area of 3.5 lakh square feet. Key retailers present in this shopping centre include Magnet hypermarket (1 lakh sq.ft.), Indiabulls Megastore, Marks & Spencer, Cinemax multiplex (3-screen + 1 Red Lougne), a 20,000-sq.ft Indulge Food Court (largest food court in Gujarat), Giggles Gaming Zone with Bowling Valley, etc. The property is located at the main

Home Solutions Merger with Pantaloon - An Analysis

2010-02-28T08:49:00.001+05:30

Home Solutions Retail (India) Limited (HSRIL) is a part of Kishore Biyani's Future Group where 33% of the stake is held by Private Equity Investors. operates in Consumer Durables & Electronics (CDE), Home furnishings and services including design segments. Its key formats are Home Town, E‐zone, Home Bazaar, Furniture Bazaar and Electronics Bazaar. HSRIL has a total of 2.4mn sq ft of retail space

Go Grocery Shopping Online - Mumbai

2010-02-26T13:13:00.000+05:30

U. V. Retail is presenting Groceryshop.in - first of its kind Online Supermarket in India. Currently this service is available only in Mumbai. It is a venture promoted by Davinder Goyal.Prices are very much competitive with other supermarkets. It requires considerable effort on your part, in terms of time and money, to visit the nearest outlet. They offer FREE home delivery service on orders over

Comaprison of Malls - Main Street

2010-02-25T15:41:00.003+05:30

The quest for the ideal location and the right format is what every retailer always strives for, irrespective of trying times. We would like to present to you an except of the comparison study of Malls Vs Main Street Vs Local Markets in the Indian Retail.Retailing in Malls - Shopping malls are attractive for various cultural and promotional events and as a hang out destination among the younger

How did Organized Retail Shape in India ?

2010-02-15T15:40:00.001+05:30

Organised retail in India, today holds only a fraction (6%) of the market share potential in India. It has risen from ZERO to 6% in a very short period mainly on Volumes and not a value-driven growth. The Bazaar shopping concept has retained its identity and character while the modern-day shopping structures represent an inspired fusion of main street shopping along with community centric

DLF Emporio - Destination for Luxury Shopping

2010-02-13T13:28:00.003+05:30

DLF Emporio is a shopping destination the likes of which has never been in India before. For the first tine in India, consumers can enjoy the pleasure of viewing the creations of 185 of the finest luxury brands in the world. With over 74 international labels and 111 Indian designers, it offers unique variety-from jewellery and watches, the largest collection of international menswear, women

Restructuring of the Pantaloon / Future Group

2010-01-27T13:26:00.001+05:30

Kishore Biyani, the pioneer of Indian retail has managed successfully sail through the Tide with his Garva Se Kaho Hum Kanjoos Hey e-mail and reporting a robust Quarterly result indicating a turnaround.Restructuring into a pure retail play would improve its balance sheet and profitability by recouping investments, cutting exposure to loss making subsidiaries. Given Pantaloon's market leadership

Asian Retail Congress in India

2010-01-24T13:24:00.001+05:30

It is a matter of great pride that India will host the Asian Retail Congress in Mumbai next Month. Asia Retail Congress is global platform to discuss and promote the best practices in the Retail sector Globally.Who Should Attend this Meet and Why ?All hands above the Role of Product / Brand Manager to CEOs of Retail companies are the best fit for this event. Retail's most successful and

Private Labels + Movies Influencing the Retail

2010-01-21T13:21:00.001+05:30

Within just five years of modern retail evolution, private labels have garnered 15-20% market share in segments like FMCG, indeveloped countries, this level has been attained in 25-30 years. Modern retailers need to enter new segments with special emphasis on food, surface cleaners, apparel, consumer electronics and durables.Modern retail should also look at selling their private labels in other

Coverage of Retail Summit - 2010

2010-01-18T13:18:00.001+05:30

In the recently held National Retail Summit - 2010, Retailers reinforced positive stance on the sector. Industry regulators from the Union and state governments said there are several structural changes underway which will be positive for the entire retail industry. We expect retailers to benefit from uptick in spending by urban consumers, faster store expansion.Meeting with retailers points out

BrandHouse - Re-defining Business of Franchising

2010-01-14T13:15:00.001+05:30

Brandhouse Retail Ltd (BRT) is pure play Retail Company for retailing International brands in India. Has presence in 65 cities across the country with expertise in value lifestyle and luxury segment. The company focused to retailing of fashion wear - Textiles, Apparels, Home Textiles and Fashion Accessories.The following mono exclusive brand outlets across India are owned and run by Brandhouse

Review of the Bay Pride Mall at Kochi

2010-01-02T10:20:00.001+05:30

Bay Pride Mall was launched by the ABAD Group and is strategically located at Kochi's bustling Marine Drive, Bay Pride has unveiled a new shopping culture in Kerala. The mall exhibits an array of branded outlets such as gift shops, fashion, cards and bookshops. High efficiency floor plans, centrally air conditioned environs, multiple entrances, premium building finishes, high-quality flooring

Luxury Brands and Products

2010-01-01T10:08:00.001+05:30

The Indian Consumer is steadily moving up the Lifestyle pyramid and today has enviable size in the Luxury segment. In a latest research undertaken by Synovite, the findings are a bit surprising as from the trends in the rest of the world making India a niche again in its own way. Excerpts of the finding, What is Luxury Brand / Product to an Indian Consumer - 26% of them say it is more of the best

Quick Bite / Fast Food - Indians embrace QSR Chains

2009-12-30T13:27:00.000+05:30

Fast food on the go or Quick bite existed in India in several different forms from Street Vendors to stalls on crowded Railway Platforms all doing brisk business. However, the strata of Middle Class and Higher, looked for similar fast food on the go with focus on hygiene and health which gave rise to a business opportunity under Quick Service Restaurant / QSR category. Unlike fine dining

Gitanjali Lifestyle Plans - Spa & Cosmetics + Dining restaurant foray

2009-12-25T13:29:00.000+05:30

Gitanjali Lifestyle which is currently into retailing of Jewellery under popular brands - Asmi, Nakshatra, D'damas, Gilli etc is planning to scale its Lifestyle business by foraying into Spa and Cosmetics, Fine Dining Restaurants and Mini-Theaters.It has already began negotiations with some European companies for the Spa venture so as to bring the best experience for the Indian consumer. In the

SmartOne loyalty card helps Megamart gain Traction

2009-12-25T13:28:00.000+05:30

Arvind Mills promoted Megamart - Value Appreal retail chain had launched SmartOne loyal customer program at its stores across India, 9 months ago. It is a stunning success in its own way. SmartOne currently has 3.5 lakh loyalty card holders, sure far lower than the enviable 14 lakh First Citizen of Shoppers Stop.Why do we call SmartOne a success ?Megamart is catering to Value Retail chain and not

City Center Mall, Kolkata - Big Shopping Paradise

2009-12-22T13:30:00.000+05:30

Ambuja Realty promoted City Centre Mall in Kolkata offers a destination that is perpetually alive with people, excitement, unique retail stores, restaurants & entertainment. Located in Saltlake in the eastern part of the city, City Centre is designed by the ace Architect Charles Correa. Spread over Six acres, City Centre claims to have emerged as a single preferred destination addressing