Monday, December 14, 2009

Retail Insight on December 14th 2009


December 14, 2009News for the retail industry
 
  News 
 

Spain's Zara to walk into India next year: Inditex
AFP
Spain's Inditex, Europe's largest clothing retailer, said on Thursday that it will open the first five branches in India of its flagship Zara brand next year.


Bharti Retail to enter new zone next year; expand from 70 to 200 stores
Daily News & Analysis
Bharti Retail, a 100% subsidiary of Bharti Enterprises, is looking to enter a new zone by 2010 end, which could either be the western or southern part of the country.

Future Group's Biyani Sees Jump in India Retail Sales
Wall Street Journal
India's retail sales have staged a surprisingly strong rebound in the last two months as the country's middle class is opening its wallets once again, said Kishore Biyani, head of India's largest retailer.

Hamleys set for India debut in February
Business Standard
Famed British toy retailer, Hamleys will make its India debut with a 22,000-square-feet store at the popular Phoenix Mills in Mumbai, by February next year. Reliance Retail, which has a 20-year-franchise agreement with the retailer, will set up 20 stores in the first seven years of the agreement. Besides Mumbai, other cities on the retailer's list include Delhi, Bangalore and Chennai, in the first phase of the launch.

Bharti Retail aims for 40% revenues from private labels
Economic Times
Bharti Retail, the wholly-owned retail arm of Sunil Mittal's Bharti Enterprises, is planning to shore up revenue from private labels at its stores to match the global industry benchmark.

Swiss Watch makers shift focus to India
Financial Express
Ethos Swiss Watch Studio's Chief Executive Officer, Yashovardhan Saboo said that Ethos is gearing up to expand its retail network for Swiss watches in metros, including airports. According to him, due to steeply rising gold prices, Swiss luxury watch price in India is expected to increase 5% to 10%. The company is planning to invest Rs 30 crore in the retail expansion plans.

Pizza Hut changes format, adds to menu
Daily News & Analysis
Pizza Hut, one of the flagships of Yum Brands Inc, the global restaurant chain, is looking at a complete overhaul of its outlet formats, apart from menu expansion, in India. "We noticed a 25% jump in sales during the test drive. We are expecting an overall same-store-sales (SSS) growth of 25% this year," Anup Jain, director, marketing, Pizza Hut, said.

Deccan Chronicle's Odyssey to launch music portal
RadioandMusic.com
To cash on the growing digital market, Odyssey, the wholly owned subsidiary of Deccan Chronicle Holdings is all set to flag off a music portal- 'Odyssey 360o' early next year.

Soon, raise a toast in the coffee shop
Daily News & Analysis
Currently, only one Barista outlet in Delhi serves alcoholic beverages but the firm plans to have 25 such outlets in the future.


Haagen-Dazs enters Indian market
India Business Blog (blog)
'Our first-ever flagship shop in India will provide consumers with the opportunity to enjoy Haagen-Dazs in a cosmopolitan yet relaxed setting,' said Anindo Mukherji, managing director of General Mills India, which markets the brand in the country.

  Retail Trends 
 
Model optimisation key to retailer profitability
Daily News & Analysis
Today, the operational environment has changed and is posing challenges for retailers, especially in the apparel space, to preserve the balance between availability and visibility of brands with profitability and growth.

First global brand yet to emerge from India
Economic Times
All the rubber around MRF, JK, CEAT or Apollo Tyres would fail to tread the path taken by a Michelin or Dunlop or even a Hankook. An Adidas, Reebok or Nike towers over Liberty, Action, or what have you. Even in organised retail, Reliance already seems to be lagging behind along with RPG's Spencer's, as Bharti revs up the engine with Wal-Mart as partner. Let's Face it. In India, the business of brands is a local phenomenon.

B-School students to get retail training on streets
Indian Express
In a unique assignment given to the students, they will sell products of a Mumbai-based NGO to the passers-by and the money collected from the sales will be given to the NGO.

  Retail Insight 
 
Effective Triggered Email Campaigns: 6 Best Practices
Zeta Interactive
As a result of the recent economic downturn, marketers finally have an impetus to improve their email marketing strategies and execution. In general, email programs have historically provided solid, predictable ROI , leading many to avoid more advanced or innovative techniques in their customer communications. Instead they rely on the same tools and technologies they have for years. However, now faced with tightened budgets and the incessant call to "do more with less," email marketers can no longer afford to maintain the status quo. In fact, as greater recognition of the value of email continues to take hold, marketing messages to the primary inbox will grow to more than 9,000 annually in 20141 - forcing marketers to do more than ever to stand out in a cluttered inbox and protect per-message and overall revenue.

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