Saturday, October 10, 2009

Retail Insight on September 9th Oct 2009


October 9, 2009News for the retail industry

 
  News 
 

Pantaloons to sell stakes in three arms to PE investors
mydigitalfc.com
Kishore Biyani-led Pantaloons Retail (India), the country's largest retailer, intends to raise Rs 500 crore by selling minority stakes in its three subsidiaries - Future Logistics Solutions, Future Learning & Development (FLDL) and Future Knowledge Services (FKS) - to private equity investors.

Bata to open 60 new stores every year pan-India
Business Standard
Footwear major Bata India today said it will open 60 stores every year to reach out to customers across India. "These stores will operate in a four-tiered retail format under a new retail model-up-market flagship stores, smart and trendy city stores and super-stores and traditional family stores," Bata India Group Managing Director Marcello Villagran said in a statement here.

Cautious Tata Coffee says no to cafe retail
mydigitalfc.com
Even as the cafe retail business is seeing a growth of 30 per cent per annum in India, Tata Coffee has no plans of re-entering the cafe retail business. Tata Coffee had tried its hands in this business when it acquired 34.31 per cent stake in Barista in 2001.

Cafe Coffee Day highway cafes on growth path
fnbnews.com
Cafe Coffee Day has seen a very positive response for its cafes on the highways. The chain is present across all important highways in the country and is hopeful of increasing the number owing to the overwhelming response received from travellers.

Essar Steel lines up major retail push
DNA
Essar Steel, part of the Essar Group, is betting big on its retail venture for steel. The company has firmed up strategies that include an aggressive overseas expansion for the retail foray, to double turnover of the retail venture in the current fiscal from the Rs1,600 crore last year.

  Retail Trends 
 
A New Retail Makeover
Forbes India
Even till four years ago, retail was the most happening sector in the country. Large Indian corporate groups like Reliance, A.V. Birla, the Tatas and the RPG group were jostling to get in as were a bunch of enthusiastic entrepreneurs. Everyone seemed to be in a tearing hurry to open new stores and formats around the country at a fast clip.

eBay brings global shopping to India
DNA
eBay India, the leading e-commerce marketplace and the wholly owned subsidiary of eBay Inc, on Thursday launched an online shopping extension to its site - Global EasyBuy - that will give Indian consumers online shopping access to 18 million international product items.

  Retail Insight 
 
Smarter Supply Chain Utilization for the Retailer
Martec International, Inc
This paper introduces various supply chain concepts and explains their importance. It describes initiatives being undertaken by the largest retailers and reviews what small and mid-size firms need to do to compete. Very few small and mid-size retailers can compete with companies like Wal-Mart on price. However, while some go to the wall, many smaller retailers prosper alongside Wal-Mart exploiting the traffic that they generate and managing their own supply chains and customer propositions well.

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