Retail insight as on 25th March 2010

March 25, 2010News for the Retail industry










Previous Issues



News: Apparel, Specialty, CDIT ...



Reliance's new thrust on retail business

Economic Times

Reliance Retail will soon pilot the retail venture of Office Depot and open the first Hamleys toy store as the Mukesh Ambani-led retailer beefs up its portfolio and expansion plans. Its offerings under the lifestyle umbrella range from books & music, apparel, toys and opticals to jewels and office supplies.





Biyani to sell stakes in non-core businesses

Livemint

Three months after Kishore Biyani began restructuring Future Group's 22 companies into two key business groups--retail and financial services - the chairman of India's largest shopping chain by market value wants to offload stakes in units not part of those core categories to raise money needed to fund expansion plans





Fine Jewellery to open five outlets next fiscal

Business Standard

Fine Jewellery (India) Limited, a Mumbai-based manufacturer of diamond studded gold and platinum jewellery, plans to open five more exclusive brand outlets (EBOs) under its retail brand 'Nirvana' during the next financial year





Alok Ind raises Rs 460 cr via share sale

Hindu Business Line

In a filing to the National Stock Exchange, the company said the board yesterday declared closure of the private placement offer and approved to allot shares at Rs 23.32 a piece, raising Rs 460 crore through the issue





ITC Lifestyle looks beyond metros

mydigitalfc.com

ITC Lifestyle, the lifestyle and retail arm of ITC is targeting consumers in small town India to boost sales of its various brands such as John Players and Wills Lifestyle to cash in on the prosperity of the booming middle class





News: Food & Grocery, QSR ...





Taco Bell enters India; targets 100 restaurants by 2015

Economic Times

US-based fast food brands operator Yum! Restaurants today launched its Mexican speciality chain Taco Bell in India with the first restaurant in Bangalore and said it plans to open up to 100 outlets by 2015





Retail Trends



A shopping destination for suburban Mumbai

mydigitalfc.com

The Neptune Magnet Mall, a one million sq ft retail development by the Neptune Group, strategically located on LBS Marg, aims to be the ultimate destination where people can meet, eat, shop and entertain themselves





Special: "The Indian consumer fears radical change"

afaqs

Santosh Desai is a journalist's delight and a hostess' nightmare. Ask him any question and he gives you insights on the Indian consumer in his trademark witty style





Retail Insight



Retail IT: Rosy Road Ahead

Var Retail

12 million retail outlets make India the most exciting retail destination in the world and by 2011 it is projected to reach 18 million. Of this, 3 million outlets have enabled automation in one form or the other," says P. B. Ganesh Kumar, Senior Manager - Retail Technology Products, TVS-E. The technology empowerment and the retailer's mindset are the core drivers to increase the penetration of automation. The diversity in the Indian retail formats is unique to its customer clusters and requires customised technology offerings both in terms of hardware and software.