Retail Insight on 6th August 2009

News


Movies, shopping boost mall footfalls
Economic Times
Nearly two months after the stand-off between producers and multiplex owners was resolved, box office grossers such as New York and Love Aaj Kal - running over 20 shows a day at multiplexes - are giving mall footfalls a boost.




Go Carting Now Opens at Ansal Plaza Greater Noida Click here for more details
Operational Brands: McDonald's, Tata Croma, Reliance Footprint, Reliance Super, SRS 7Dayz , Reebok, Pizza Hut, Cell u Com, Lakshita International, Cafe Coffee Day, Koutons, Mother Home, Subway, Vodafone, Lilliput, Wong, Nakshatra ,Beebay, M&B Footwear, Liverpool, US Dollar Store, Noble House, Reid n Taylor, Subway, Kwality Walls, GKB lens, Dayal Optical.
Upcoming Brands: Levis Signature, Bowling Alley.


Yum! Restaurants to increase KFC outlets in India
Business Standard
"We are planning to invest up to Rs 150 crore in the Indian market by 2010. We will expand the KFC chain in the country to 110 restaurants by end of the period, from 50 now," Yum! Restaurants India Managing Director (Indian Subcontinent) Niren Chaudhary said.


Vishal Retail Likely to Finalize Debt Recast Soon
Wall Street Journal
Vishal Retail Ltd. expects to arrive at an agreement with bankers and lenders on restructuring its debt in one to two months, the Indian discount retailer's group president said.


Retail Trends


Differentiated range
Business Line
Customers frequent retailers who stock a range that is relevant to them. A look at the factors that help the retailer arrive at the right mix.


The sad tale of India's retail
Livemint
As research shows, modernizing retail has multiple benefits. Yet, India maintains status quo on this policy It is indeed disappointing to see several recent pronouncements that effectively imply status quo on policy towards the retail sector in India.


Retail Insight

Shopper Marketing: Capturing a Shopper's Mind, Heart and Wallet
Deloitte

Connecting with consumers and shoppers and creating loyalty is as challenging as it has ever been for consumer products manufacturers and retailers. Consider the following profile of today's consumers and shoppers:

68 percent are brand switchers
Only 5 percent are loyal to one brand
73 percent shop in five or more channels
Only 26 percent are loyal to an average retailer
These statistics are alarming, given the fact that marketers are making every effort to create the exact opposite effect.