Tuesday, September 15, 2009

Retail Insight on September 15th 2009

Sep 15, 2009News and Analysis for the retail industry
News

Birla Retail hopes to make profit by FY13
Economic Times
Aditya Birla Retail, which runs the More brand supermarket and hypermarket stores, expects to start making profits in the next three years. If so, it could be the first Indian retail major to come out of the red by FY13.

Spencer retail enters into licencing pact with US Company
Economic Times
RPG Group's retail flagship, Spencer's Retail has entered into an exclusive licencing pact with iconic US fashion and lifestyle company, Marc Ecko Enterprises, to sell its apparel brands in India.

Lifestyle store announces 'Colours by Lakme'
Fibre2fashion
Lifestyle announces 'Colours by Lakme', a cosmetic fest offering immense benefits for fashion conscious ladies who want to look their best this festive season.

Outside the Bun
Business Standard
After fried chicken, pizza and pasta, Yum! Restaurants International, the Indian arm of Yum! Brands Inc, wants to tickle the Indian palate with Mexican fast food such as burritos, tacos, quesadillas and topped nachos.

Retail Trends
Cheers! Delhi stores can soon retail wine
Financial Express
Wine lovers in Delhi raise a toast to this. Soon, there will be no need to queue up at the rustic, dingy state-owned retail outlets to buy the preferred brands.

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.

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