Thursday, December 24, 2009

Retail Insight on December 24th 2009


December 24, 2009News for the retail industry

 
  News 
 
Pantaloon Retail to spend Rs 400 cr on expansion
DNA
Pantaloon Retail (India), the country's largest retailer, plans to spend close to Rs 400 crore on expansion of its various retail formats by June 2010, Kishore Biyani, managing director, told reporters on the sidelines of TiE Entrepreneurial Summit 2009 in Mumbai on Wednesday.

Rosebys ties-up with Style Spa
Business Standard
Rosebys Interiors India Ltd, home furnishing and lifestyle retail chain has tied-up with furniture retailer Style-Spa, to expand its base by opening more than 100 shop-in-shop outlets across the country. Both the companies have agreed to enter into a partnership on a revenue sharing basis based on monthly sales.

Indus League to open 16 stores, eyes tier-II cities for expansion
Economic Times
The Future group company plans to open at least 16 stores, including exclusive showrooms for its brands such as Daniel Hechter, Indigo Nation and Scullers.

Portico to open 20 EBOs, 100 shop-in-shops by 2011
Economic Times
With a view to tapping the healthy growth potential in the bed-and-bath segment, leading home textile player, Creative Portico, is planning to open 100 shop-in-shop outlets and 20 Exclusive Brand Outlets (EBOs) by 2011, a senior company official said.

Innovations give Levi's the right fit
Business Standard
Levi Strauss, which has just completed 15 years in the country, is on a high, cornering 40 per cent share in the Rs 2,000-crore branded denim market in India. Analysts, however, say the 40 per cent market share doesn't mean much as the jeans wear segment in India is mainly unorganized.

  Retail Trends 
 
Debate: Modern trade's demand for higher margin is unreasonable
Economic Times
The sales volumes through modern trade format does not account for more than 6-8% for any FMCG company and this too comes at an additional cost.
This debate needs to be approached differently
Let us first understand why Modern trade is imperative for the consumers, Government, employees, vendors and then arrive at whether the demand for higher margin is reasonable.

Trying label best to manage brands
Economic Times
Heading FMCG private labels for Spencer's, Kampani's profile is as dynamic as it gets for a brand manager - 150 private label SKUs (stock keeping units) across 210 stores, each with unique product assortments and promotional calendars.

Apparel exports warm up in Christmas season
Business Standard
It's been a cheerful Christmas season for Indian garment exporters as their November demand, after a dismal show in October, surged 6 per cent riding on festive shopping. Following a 17 per cent dip to $603 million in October, the November apparel shipments were up 6 per cent to $726.9 million compared to the year-ago period.

  Retail Insight 
 
Maximize Checkout Performance
Candy & Snack Today
The importance of the front-end checkout area has become even more important for retailers in recent years. And it also represents a critical location for confectionery and snack suppliers that want their products to benefit from high-traffic exposure and impulse purchases.

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