India has been a tea sipping society. But the aromatic wave of coffee culture is wafting across it.
American online major Amazon seems to be almost doubling its India investment going by the company's recent announcement during Prime Minister Narendra Modi's state visit to the US. From the time the Seattle-headquartered company started its India journey in 2013, its investment into the country is pegged at $11 billion or roughly $1.1 billion a year. By committing a fresh round of $15 billion by 2030, the Jeff Bezos-founded company's investment would go up to more than $2 billion a year over the next seven years.
During a sale, many store windows invite the shopper with impossible-to-miss visuals announcing '50% Discount'. Only upon entering does the shopper realises that the one rack which fulfils this promise sells items she'd never purchase.
It is the season of cooking and baking, but with Amul Butter in short supply, consumers aren't like the cat that got the cream. A shortage only means market shelves without butter on them. "There is a supply-side deficit. "We are now able to procure only two packs of butter a day, as opposed to three packs (each containing 30 packets of butter) in a day," says a salesman at Modern Bazaar, a departmental store in New Delhi's Greater Kailash.
Even in the face of protests from trade groups, escalating real estate costs and pressure on margins, the march of domestic retail chains continues unabated.
There is obvious competition at the front-end, but cash-and-carry will benefit the kirana as well, apart from the impact on supply chain and agriculture.
Do you think that the number of rich in India is rising? Or is it that this is true only of big cities? Do you still feel Indians are poor?
Wistron, which earlier pegged the losses at Rs 437 crore, later notified the Taiwan stock exchange that the total losses were around Rs 50 crore.
By and large, most brand analysts approve of Bisleri's attempt to reinvent itself.
Reliance has around 100 Delight stores in the country.
'The government wants farmers to diversify from rice and wheat, and create another green revolution. Cannabis can play a big part in that'
Online retail in the country is expected to grow to $200 billion by 2026, up from $15 billion in 2016.
Saks sells luxury brands such as Jimmy Choo, Giorgio Armani, and Tod's, besides premium brands such as Fila and Puma.
Besides malls and high-street stores, there's a rush of discounts while you are flying or holidaying in fancy hotels.
Second Tata firm to join hands with e-commerce portal.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
E-commerce buyouts: Mahindra, Godrej to leverage on physical stores.
Local traders are evaluating other options rather in FDI.
Reliance Retail would be exposed to implementation and execution risks in its expansion plans.
While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections.
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
For the past few years, Avigo has been in talks with many strategic players, including private equity investors, to sell its stake in Spykar.
AAP, set to form the government in Delhi, had said it was opposed to foreign direct investment in multi-brand retail.
'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.'
The one-year extension would give Walmart and its Indian joint venture partner in the cash and carry business, Bharti Group, more time to sort things out and decide on a retail foray together, people in the know said.
Patanjali Ayurved's rise has prompted most other babas to go back to the drawing board. Most of them are either scripting or re-jigging their business plans, says Arvind Singhal.
Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.
Sources estimate there could be about 60 applications at the department of industrial policy and promotion for up to 49 per cent foreign direct investment in single-brand retail.
Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.
In its first acquisition in India, the American online retail giant is planning to buy out the fashion portal
Jaipuria has not specified the amount he is looking to raise, but says this is the right time to tap the capital markets.
Reliance had been trying to bring the brand back to the forefront recently, after years of lull, through new ad campaigns highlighting a youthful range, called Unformal, in workwear.
While investment activity jumped three to four times this year over last year for e-commerce, it has shown marginal growth (five per cent) in the case of consumer and retail
Feedback has led the brand to ramp up its shirts collection, despite the popularity of its polo t-shirts.
Be cautious when purchasing from little-known Web sites.
The company is not holding plans for clarity on policy.
This comes in the wake of allegations of financial irregularities by the erstwhile management led by Harish Moolchandani.
Importers protest as food safety regulator demands adherence to recent law on labelling, blocks entry at ports for packs with stickers.
Spends by e-commerce players have now touched Rs 1,000 crore.
It hopes to leverage the growing number of mobile transactions
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