Retail Insight on 3rd August 2009

News


Woolworths sees fresh hope in India
Sydney Morning Herald
Retail analysts in Australia have raised the prospect of Woolworths establishing other Indian wholesale businesses, possibly in grocery or general merchandise, similar to the Croma joint venture in electronics retailing.



Cardini Foods now opens at Ansal Palza Ludhiana Click here for more details
Operational Brands:Geoffrey Pub, Mc Donald's, KFC, Octave, Lee, Study by Janak, Vibe, Blackberry , Hues ,Koutons, kapkidz, Wrangler, Pepe, Numero Uno, Liberty , Arrow, Planet M, Duke , Creative Line , Cantabil, Meena Bazaar, Levis , Mom n me , Nike , Lee Cooper, Raymond , Provogue , Cottleaf , Chief 19 , Cotton County, Priknit , Black , M&B , Peter England , Shoe Rack, VLCC.
Upcoming Openings:Kapsons, Basant, Reebok, Freiburg.



Foodworld committed to Indian market
FIS.com
Foodworld now operates over 67 supermarket stores across Bangalore, Chennai and Hyderabad, and plans to expand to about 200 Foodworld domestic stores in different formats such as hypermarkets, supermarkets, express stores and concept stores by the end of the year.


Hypercity to open 10 stores by 2011
Business Standard
Hypercity Retail India Limited, part of the K Raheja Group, is planning to set up ten stores by 2011, each with an investment of about Rs 30 crore. Each store would be spread over 1,00,000 sft, said B S Nagesh, Hypercity vice-chairman at the launch of its first store in Hyderabad on Friday.


Coffee chains brew Udupi/dhaba menu
Daily News & Analysis
Close on the heels of Indian chain Cafe Coffee Day's plans to open 50 highway outlets serving desi fare, Barista Lavazza, the Indian subsidiary of Italian coffee giant Lavazza, has said it will open 15 highway outlets this year to dish out local delicacies.


Delhi Wellness Chain Mystic Cures Plans Acquisitions In Europe, Africa
VC Circle
Mystic Cures Pvt Ltd, a part of the $400 million Delhi-based Kassa India group, plans to acquire seven spas in Europe and Africa soon. The company will spend around Rs 654 crore (100 million euros) for acquisitions, a top executive told VCCircle. The funds for acquisition will be raised from private equity firms.


Retail Trends

Consumer goods prices may take a year to fall
Economic Times
Retail prices of consumer products and services may take a year to cool down, says an ETIG study based on historical trends. The study analysed 15 years' data of the relative movement of the consumer price index (CPI), which tracks items and services such as fruit, vegetables, household items and house rents for industrial workers (IW), and the wholesale price index (WPI), which tracks wholesale prices of articles such as oil, machinery, food articles, minerals, metals etc.


Retail Sector Bargaining for FDI
Halsbury's
Satvik Varma says that the Parliamentary committee's recommendations of a blanket ban on domestic retail corporate heavyweights and foreign retailers comes at a time when organised retail in India is strapped for cash and is searching for new avenues of funding and partnerships with foreign retailers.


Retail Insight

How to make the most of the Great Consumer Trade Down
Accenture
As discretionary spending all but disappears, companies must make adjustments in product mix, pricing, promotions and channel strategy to deliver the innovation today’s customers value. By providing offerings with a clear range of desirable benefits and delivering them at the right price point, leading companies will be showing a clear way forward.