For instance, Shoppers Stop has seen a mere two per cent like-to-like growth in the southern region in the first quarter of 2012-13 (and 10 per cent in the western region, mostly Mumbai and Pune) due to the cannibalisation effect, said managing director Govind Shrikhande.
Focus on agriculture, infrastructure and services sector can help the country's GDP to grow by more than 9 per cent.
This will make organised retail more efficient and help farmers. Kiranas have natural advantages that will protect them to an extent, but if they are not modernised, the employment impact could be large.
The most convincing signs of revival are visible in historically retail-oriented cities such as Mumbai, Bangalore, Delhi, Kolkata and Pune, with the action beginning to perk up in other cities as well.
10 malls expected to go off business this year
The Dubai-based Lifestyle International runs a retail chain.
Executives in the segment say some top European, Japanese and Korean retailers are seriously interested.
Shoppers Stop is looking to open four new stores this year and plans to invest Rs 120 crore.
Shoppers Stop returns to its core business after divestments. The retailer plans growth through web and private labels.
Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
Companies are innovating with tech tools to ensure that you spend less time at the cash counter.
Robust same store sales, margin growth mark June quarter.
India's latest GDP numbers do not signal robust economic growth in near term.
Search is on for reliable indicators of underlying activity.
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