Malls, retail stores are being hit by online sales and are struggling this festive season.
The Indian arm of the UK-based retailer for expecting mothers and kidscare Mothercare Plc is on an expansion mode in India.
While footfalls have fallen after the long period of discounts, retail chains are being forced to continue selling discounted merchandise, as new stock is yet to arrive.
Shoppers Stop is looking to open four new stores this year and plans to invest Rs 120 crore.
While the talks are still at a preliminary stage, sources said major retail players had held discussions with Amazon
The celebs attended Dolly Sidhwani, Bhavana Pandey & Nandita Mahtanihigh's high street brand, Love Genration launch...
In a break from the recent trend, retailers, led by Kishore Biyani's Pantaloon Retail (India) Ltd, Raheja-owned Shoppers Stop Ltd and the Lalbhai Group's Arvind Ltd, are experiencing strong growth in the fashion segment, thanks to positive consumer sentiments during the current festive season.
Fabindia, Shoppers Stop and four others have shown interest in a public-private partnership with Khadi Bhawans to manage 8 outlets.
Focus on agriculture, infrastructure and services sector can help the country's GDP to grow by more than 9 per cent.
Tracking of consumers has helped shape many moves of Shoppers Stop - from merchandising and increasing the ticket size of purchases to opening of new stores.
The equity infusion will happen at Rs 505 a unit, which is a premium of nearly 14 per cent over February 4's close of Rs 444.60.
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.
Okay, it's official -- the monsoon is here, and it's brought rain-soaked days, wet hair and squelchy clothes with it. So we decided to bring you some trendy rain gear that'll keep you dry, and looking fab too.
The day's strike is a protest at the Union Budget proposal of a 10 per cent excise duty on branded garments. Garment makers had observed a day's strike on Friday, saying it cost them Rs 130 crore (Rs 1.3 billion).
The growing margins suggest that the belt tightening is paying off. For example, the margins of Pantaloon Retail, the country's largest listed retailer, have gone up from 9.2 per cent in June last year to 10.6 per cent in June 2009.Others such as the Raheja-owned Shoppers Stop and Tata Group's Trent, Reliance Retail and Spencer's Retail aren't far behind.
Retail players are planning to expand but with caution. It seems the slowdown of 2008-09 is still weighing on their minds.
Who says fancy footwear is only for the dry weather? We bring you some styles that will not only look good, but will see you through the monsoon as well.
Who says fancy footwear is only for the dry weather? Ladies, we bring you some styles that will not only look good, but will see you through the monsoon as well.
Consider this: Kishore Biyani's Future Group, which owns the country's largest retailer Pantaloon, is converting the standalone stores of book and music chain Depot into shop-in-shops within Big Bazaar. While the number of Depot shop-in-shops has risen to 123, that of standalone stores has come down to nine. Same with UK-based footwear brand Lee Cooper.
Companies are innovating with tech tools to ensure that you spend less time at the cash counter.
The Amul girl is still synonymous with branded butter and the iconic billboards continue to be conversation starters.
As Shah Rukh Khan and Yusuf Arakkal and Rana Dasgupta and Kiran Mazumdar Shaw stand for the best of us, there is too much in daily life that showcases us at our apathetic, or misguided, worst, says Sheba Thayil in this Independence Day column.
Apparel, fast-moving consumer goods and healthcare retailers are all moving to their own brands to ease the squeeze on their profit margins. Till not so long ago, only a handful of retailers like Shopper's Stop had their own labels. Now, private labels have become core to every retailer's strategy.
With the rains pouring down upon us, predictably, we're going to need plenty of additions to our wardrobes this season. Today, we bring you a selection of waterproof bags that will keep your essentials dry, and see you through the monsoon without falling apart.
My only request to the finance minister is to allow retailers to adjust the service tax on all inputs such as rent and telephone against the sales tax we collect from consumers. We will be relieved to that extent, says BS Nagesh.
Franz Giovanni, Mario Zignotti, Richmond and Ascot. Foreign brands for menswear? Not really. You could pick up these designer clothes from a Westside or a Shopper's Stop. At affordable prices too. It's not only for apparel that retailers creating their own lines; whether its for air fresheners or 'atta', they're putting out their own brands.
Indian retailers are an optimistic lot when it comes to deciding on expansion plans for 2009. Retailers such as Spencer's Retail, Future Group, Shoppers Stop, Westside, Wills Lifestyle, Bata India, and Raymond find the 30-40 per cent drop in retail rentals a reason to cheer.
The retail king is back to what he does best: Expand. Future Group chairman Kishore Biyani is planning to add two Big Bazaar stores every month and open 15 hypermarkets over the next six months.
As attrition rates reach unprecedented levels in the retail sector, companies are fighting back with a mix of measures including salary hikes, incentive-based targets, connecting emotionally with staff and even selling them the "American Dream".
Sanjeev Bikhchandani, Founder & CEO, Info Edge (India), and B S Nagesh, CEO, Shoppers Stop, say hiring is not taking place in companies the way it was happening two to three years earlier.
Confrontational advertising has become the order of the day in India with corporate houses taking on rivals head-on.
The potential of India's retail sector may be huge and growing, but soaring rentals, salaries and interest rates could make the journey a bumpy ride for retailers in the near term.
E-tailing, or online retailing, is catching up in India with major retailers setting shop online.
Renuka Ramnath is credited with raising the India Advantage Fund Series II, the country's largest private equity fund till date with a corpus of $810 million.
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