Biyani's French connection
NDTV.com
One may call it Biyani's French connection. After months of negotiations, the much-awaited alliance between Carrefour, the second largest retailer in the world and Biyani's Future Group is slowly getting ready to take off. A broad structure has been agreed upon and currently work is on by a core team of professionals to work out the nitty-gritty.
Bharti Retail's head moves to parent co
BloombergUTV
In a surprise move, Bharti Enterprises today said it has shifted the President and COO of its retail business, Vinod Sawhney, back to its corporate office and his replacement is yet to be made.
Retailers in X'mas spirit as shoppers binge
Economic Times
Several major retailers are seeing significantly higher sales year-on-year, with the increase more pronounced in categories such as perfumes and jewellery, garments and apparel, toys and gifts, Christmas decorations and items such as confectionery, wine, liquor, cookies and imported foods.
Fresh Line to set shop in Mumbai, Delhi mydigitalfc.com
Fresh Line, a homemade cosmetics brand from Greece is set to open three exclusive stores in Delhi, Mumbai and Pune next year. The company plans to promote its skin and haircare products by opening concept-boutique stores across the country in select malls and high streets.
Naturals salon to go pan-India
mydigitalfc
Beauty salon chain, Naturals is moving out of south India to become a national brand. The Chennai-based company, which runs 51 outlets, is seeking private equity funding to open 50 more stores in 20 major cities by the end of 2010.
Retail Trends
Food prices mock India's scorching growth
Asia Times Online
A surge in food prices at rates unseen for the past 11 years is sending Prime Minister Manmohan Singh's government scurrying for cover as the decade-ending festive season becomes a grim belt-tightener for millions of Indian families.
Market for energy drinks growing, despite high price
Business Standard
Market for energy drinks growing, despite high price, which is why from multinationals such as Coca-Cola and PepsiCo to local players such as Mumbai-based Goldwin (makers of Cloud9) and quite a few others have been rushing to make their presence felt in the segment, in recent years.
In a dramatic shift in power from seller to buyer, the same technology that gives shoppers unprecedented choice for meeting a multitude of demands also keeps those demands in constant flux. With increasingly fickle and footloose customers searching for instant gratification, how can today's brick-and-mortar retailers remain relevant?
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