Luxury watch brands cut margins to keep India prices at global levels
Hindu Business Line
Luxury watch brands are traditionally known to be priced higher in India due to the high import duties but some brands are trying to overcome the price barrier and keep India prices close to international levels, even if it means taking a big cut in margins.
Retailers import more FMCG stuff
Economic Times
Imported personal care and food products have started edging out Indian-made ones on store shelves across the country as retail chains such as Big Bazaar, Reliance Fresh, More and Spencer's look to providing more value and variety to consumers and extracting bigger margins.
Electronics sales bring back smiles for retailers
Daily News & Analysis
Signs of a reviving economy are evident this festival season at shopping malls and retail chains across the city. Demand is high for consumer durables, especially electronics, with people going for products with style and better features.
Home Store plans 10 stores in 2 years mydigitalfc.com
Home Store, part of the Kapil Wadhawan-led Wadhawan Retail, a leading retailer in home décor and furnishings and food and grocery segment, is on an expansion mode. It plans to launch 10 company-owned stores in metro and mini-metros over the next two years.
Retail Trends
M&S to Open Stores in China and India to Fuel Growth
Bloomberg
Marks & Spencer Group Plc, the UK's largest clothing retailer, said it will expand in China, India and eastern Europe, close more than 100 British warehouses and consider selling food online to convince investors it can rekindle growth after two years of declining domestic sales.
Wal-Mart's Painful Lessons
BusinessWeek
It's rare that a $100 billion business can be marginalized, but such is the case with the international arm of Wal-Mart Stores. As a stand-alone company, it would rank among the top five global retailers.
Why CEOs must care about supply chains
Livemint
A CEO reviewing operations in a retail outlet was shocked to find that many of his products were "stocked out" while for a much larger number there was a stock-pile of inventory.
This is the second in our Playbook series designed to help retailers and suppliers navigate through the recession. Because a traditional report is too static for these swiftly changing times, we've chosen to present our findings in a Playbook series that enables us to react quickly and to regularly review and renew our conclusions and recommendations.
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