Retail insight on 13th August 2009

Aug 13, 2009

News and Analysis for the retail industry

News

Coffee Day to venture into Middle East Mangalorean.com Coffee Day Holdings (CDH), which owns the country's largest chain of coffee bars, will be venturing into China and Middle East for the first time after opening outlets in Vienna and Karachi. Disclosing this to reporters on the sidelines of a function here today, CDH Chairman V G Siddhartha said the company, having chain of 1,000 coffee bars would spend Rs 150 crore during the next one year for expansion within the country and outside.

Opening Shortly at Ansal Highway Plaza Sonepat Click here for more details Maruti fit-outs under full swing, will be operational shortly. McDonald's has done 70% of the fit-outs and is nearing towards the operational opening of the store. Bikanerwala will be starting fit-outs very soon.

Sales dip ahead of Ganpati as customers shun malls Daily News & Analysis Taking into account mounting anxiety over H1N1 in Mumbai, the state government on Wednesday announced the closure of all schools and colleges for a week, and multiplexes for three days. The obvious adjunct to this directive was 'malls could be next'.

Colorbar looks to grow retail presence mydigitalfc.com Colorbar Cosmetics is planning to expand its business through exclusive retail stores of the brand. The company plans to have four outlets in Delhi, National Capital Region and Mumbai by the end of this year and 10 exclusive outlets by 2011.

Malls, retail outlets asked to postpone discount sales Hindu Business Line The Maharashtra Government has asked malls and large retail establishments to postpone discounts and special offer announcements due to the outbreak of swine flu in the State.

Retail Trends

Europe's Shopping Capitals Forbes To find the world's best cities for shopping, we turned to Gold, who co-authored CBRE's spring 2009 study "How Global Is the Business of Retail?" Gold and his colleagues mapped the global footprint of 280 of the world's top retailers across 67 countries, analyzing retail globalization at a city level.

RFID Becoming Sewn into Fabric of the Fashion Business Supply & Demand Chain Executive With many pilots already yielding benefits, apparel manufacturers and retailers around the globe are increasing their adoption of RFID to increase inventory turns, reduce out-of-stocks.

Retail Insight

The Future of E-Commerce: Bridging the Digital Divide Accenture As in-store sales flatten or even decline for many retailers worldwide, multi-channel sales continue to grow. Furthermore, the multi-channel customers driving this growth can be among a company's best customers. They shop more often, spend more and can be more profitable than single channel customers. The internet has also revolutionized the way consumers collect information and make purchases.