What's the mantra for reviving ghost malls? Most important, a right mix of products. They also need to transform into community spaces.
It takes 6 to 8 months after the approval for a product to hit stores.
Today, apologies by CEOs of global corporations have become so common that you get case studies on the subject.
These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.
When Amit Jatia, vice-chairman of Westlife Development (WLDL), which operates fast-food chain McDonald's in West and South India, wanted to become the American fast-food giant's local partner in 1995, he had to first convince his family he would remain a staunch vegetarian. As McDonald's - home of the iconic Big Mac - completes 25 years in India, being one of the largest operators in the quick-service restaurant (QSR) segment in the country with over 300 outlets, Jatia has held on to the promise he made to his family. Not one to sit back and watch anyone flip the Big Mac, he gets straight to the meat of the matter when he says McDonald's success menu will see the QSR expand its ever-hungry 'foodprint' by doubling the number of joints and increasing its average unit volume by 35-40 per cent in five years.
Union Minister of Commerce and Textiles Piyush Goyal has stirred up a hornet's nest by taking on India Inc, specifically the Tata group, which is among the companies that lobbied against the Modi government's pro-consumer draft e-commerce policies. While Goyal's comments, made at a Confederation of Indian Industry (CII) event, were streamed live on YouTube, the industry lobbying body later edited the video and subsequently withdrew the entire speech. Goyal had said the Tata group and other Indian companies often lobbied for their interest, while ignoring national interest.
World's second-largest fast-food chain to launch its McCafe coffee brand in India on Monday.
Check out the star arrivals.
Tata Cha cafes hope to create a feel of a roadside tea cart, casual college canteens, old Irani cafs and even the chai joints encountered on journeys through the Indian countryside.
Even in her 50s, the Amul Girl has far greater clout than any brand ambassador in India. And India's largest dairy organisation may soon cash in on that. Sohini Das reports.
Ankit Pachhighar sent us this photograph of the star.
No Indian firm could make the cut.
'Even as the National Guard kept up the show of strength, safety was kept in mind.' 'Their guns were not loaded. They didn't want to scare people unless they posed a threat.'
Forget Starbucks coming into India. Witness the expansion of Caf Coffee Day, which is set to mushroom across the country.
The sobering news is that retailers - including big firms like Reliance Retail - and exhibitors are contemplating issuing force majeure notices to shopping malls and real estate owners, and are in discussions with them to formulate an action plan for sharing the financial burden of the lockdown.
Some packaged food makers have welcomed the move.
In an era where more is better, we give the flipside to suit your investment needs
Having almost sealed a JV with coffee chain Starbucks and fast food chain Burger King for a possible alliance, retail major Pantaloon is eyeing the apparel space.
Analysts believe that Pantaloon want to establish itself strongly in multi-brand retailing and exploit the first-mover advantage in speciality brands.
Starting this month, Baristas everywhere will sport a fresh appearance. As part of its exercise to refresh its image, the coffee chain will reveal a conceptual shift from cafe to lounge.
Sunny Deol and filmmaker were spotted in London having coffee at Starbucks.
What does it take for a brand to achieve iconic status
Here's why: He went after a mad man with four large knives and saved an old woman's life. He could have simply walked away.
Google Inc. founder-director Kavitark Ram Shriram and Bose Corporation Chairman Amar Gopal Bose have both moved up the rankings in the list of Forbes' 400 Richest Americans.
Apple Chief Executive Steve Jobs has a problem: He's taken Apple into the phone business with the iPhone. Yet he has to rely on partners such as AT&T and Starbucks to provide the wireless connections he needs to make those phones useful.
After Rs 800 million makeover, Bombay House reopened on July 29, 2018. The earlier dull interior with low technology has given way to a lot more colour and vibrancy.
At a skunk works in Seattle, Boeing engineers look to Wal-Mart, Disney and Starbucks for ideas.
Can a film and the voice of its actor really influence us, and change our lives? I like to believe so, says Aseem Chhabra.
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
Contractors were seen busy boarding up major stores and businesses from New York and Boston in the north to southern Houston to Washington DC and Chicago in the east to San Francisco in theWest.
Paris tourist sites reopened, workers cleaned up broken glass and shop owners tried to put the city on its feet again, a day after running battles between yellow-vested protesters and riot police left 71 injured and caused widespread damage to the French capital. Take a look at the widespread damage caused to the city during the protests.
The store segmentation approach that Shoppers Stop is taking is intended to improve its hit rate at a time when local and international fashion retailers are crowding the market with new merchandise across price points.
The lack of a strong diversity policy on the part of companies, a limited pool of women candidates as well as socio-cultural factors contribute to their low numbers.
