Retail Insight on 1st July 2009

News

Pantaloon sees demand doubling this festive season
Moneycontrol.com
The first six months may not be good for lifestyle retailers but Pantaloon Retail expects this to change with the upcoming festive season. Pantaloon is expecting the demand this festive season to double than what it expected last year, it plans to bring in two crore units of apparels to its warehouses versus 1.1 crore units last year.


Mothercare, Shoppers may part ways
Economic Times
Mothercare, the UK-based retailer for kids and mothers to be, may soon end its exclusive franchise agreement with Shoppers Stop to sell products in India, two people familiar with the development said.


Pantaloon ends JV with Planet Retail, Blue Foods
mydigitalfc.com
Pantaloon Retail India Limited (Pril) has decided to terminate its joint venture (JV) with Planet Retail Holdings. The company has also terminated its JV with Blue Foods, which runs restaurant chains such as Bombay Blue, Noodle Bar and Copper Chimney.


Retail Trends

Better May numbers pump up retail
Economic Times
Avid shoppers, who were hibernating in their closets, are slowly succumbing to retail therapy, sending waves of relief to the slowdown-hit retail sector. Very early trends posted by retailers across various categories indicate that they have seen a marginal 7-8% growth in sales in May 2009 compared to April 2009 apart from upsides on average bill value (ABV) and footfalls.


Retail Insight

Is a 3PL the best way to handle your reverse logistics?
TMSi

Reverse logistics - the work of handling returned items that are faulty, damaged in shipping or shipped to the wrong client - represents a growing sector of the logistics economy. Retailers can often recoup discontinued or imperfect products by selling them through outlet stores.