Wednesday, January 13, 2010

Retail Insight on January 13th 2010


January 13, 2010News for the retail industry

 
  News 
 

Three PE Majors Close To Deal With Coffee Day Holdings
VC Circle
Singapore state investor Temasek Holdings Pte Ltd., Standard Chartered Private Equity Ltd. (SCPE) and buyout major Kohlberg Kravis Roberts & Co (KKR) are starting the final round of discussions for a $125-million investment in Coffee Day Holdings Company Pvt Ltd, and a clear picture is expected to emerge by end of this quarter.


Govt for increase in retail's share
Central Chronicle
The government is coming out with a series of initiatives to increase the share of Modern retail in the country, Subodh Kant Sahai, Union Minister for Food Processing Industry said today.

Shoppers Stop may raise upto Rs 350-cr through QIP route
Economic Times
Leading retail chain Shoppers Stop is looking at raising upto Rs 350-crore through QIP route by March 2011 to fuel its expansion and raising its stake in Hypercity, a top company official on Tuesday said.

Reliance Footprint partners with Japanese footwear maker
Economic Times
Reliance Footprint, a branded chain of footwear stores from Reliance Retail Ltd (RRL), on Tuesday announced an exclusive partnership with ASICS Corporation of Japan, one of the world's leading sporting manufacturers.

Koutons Retail set for better days
Economic Times
Koutons, which grossed Rs 1,155 crore in the past four quarters in revenue, manufactures semi-formal and casual wear under the brands Koutons, Charlie Outlaw, Les Femme and Koutons Kids. Each of these brands operates in a separate segment, ranging from the premium to value segment, with Koutons positioned as the higher-end brand.

Kewal's surplus cash leaves scope for expansion
Economic Times
KKCL, which clocked revenues of Rs 159.4 crore in the past four quarters, manufactures jeans, semi-formals and casual wear under the brands Killer, Integriti, Lawman and Easies.


Callaway Golf forms subsidiary in India
North County Times
Callaway Golf Co. said Tuesday it has formed a new subsidiary, Callaway Golf India, to manage business in the world's second-most populous nation.

Carnation ready to service premium cars
Economic Times
Third-party chains in India such as Carnation, Reliance AutoZone, part of Mukesh Ambani's Reliance Retail Ltd, and MyTVS are slowly gaining acceptance among Indians as they give consumers a credible alternative to dealer workshops that are not licensed or run by auto makers.

  Retail Trends 
 
'FDI curbs put brakes on growth'
Financial Express
Despite the retail sector accounting for 10% of the country's GDP and around 8% of the country's workforce, equity investments seem a distant dream for the industry since government rules do not allow foreign direct investments (FDI) into the sector.

Wal-Mart, the US retailer taking over the world by stealth
The Guardian
It hardly shrieks of billion-dollar glamour. The US nerve centre of the world's largest retailer, Wal-mart consists of a collection of low-slung prefabricated buildings along a four-lane highway in north-western Arkansas.


Online Shoppers Want More Interactivity From Retailers
WebProNews
Consumers in India, China and Brazil, are almost twice as willing to use multiple technologies for shopping and making purchases. This is mainly because the adoption of new technologies is often faster in emerging countries.

  Retail Insight 
 
Internet Merchandising and Shopping Carts: Understanding the Differences
IMS
Offering thousands of products to faceless people on the internet yields few sales. This is part of the confusion of online retailing and it is also the key to our opportunity. Retail selling has been evolving since early man developed the barter system. Retail operations, merchandising and direct sales to the customer can work.

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