May 3, 2010News for the Retail industry
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News: Apparel, Specialty, CDIT ...
Future Group, Carrefour ink retail alliance
Livemint
After years of negotiations with more than a dozen potential Indian partners, Europe’s biggest retailer Carrefour SA has forged an alliance with Kishore Biyani’s Future Group, which runs India’s largest store chain, according to two persons familiar with the development. Future Group will open Carrefour-branded franchise stores in the country under a deal signed three months ago, said the two persons, who spoke on condition of anonymity.Future Group plans to open between 150 and 300 Carrefour-branded hypermarkets in the next five years, said one of the two persons.
Pantaloon forms JV with UK shoemaker C & J Clark
domain-B
Pantaloon Retail, India’s largest listed retailer, today announced the setting up of a 50:50 joint venture with UK-based shoe manufacturer C & J Clark International. The joint venture would also engage in wholesaling of Clark’s branded footwear and associated products in India, Pantaloon Retail said in a statement. C & J Clark is one of the largest makers of casual shoes in the world.
Future Group ropes in realtor Sumit Dabriwala for Future Mall Management
Economic Times
Kishore Biyani plans to make a strong entry into real estate development through Pantaloon Retail’s recently demerged subsidiary that will consolidate all the land holdings of his family, a person familiar with the development said. The Future Group CEO has roped in Kolkata-based realtor Sumit Dabriwala of Bellani Group into the new company, Future Mall Management, which will develop commercial and residential properties as well as modern wholesale and retail spaces.
Dubai’s biggest gold retailer plans expansion
BBC News
Dubai might have been founded on the pearl trade, but it’s now a key centre for the gold trade too. As the country’s biggest gold retailer, Pure Gold is expanding into Saudi Arabia, Qatar, Kuwait and Bahrain. It is also investing $200m to open 200 stores across India.
Mangalore: SPAR India Introduces Hyper Market in City
Daijiworld.com
SPAR India opened its hyper market spread over an area of about 44,000 sq ft at City Mall on K S Rao Road in Mangalore, on April 30. Inspector General of Police (western range), Gopal Hosur, inaugurated the hyper market, which is stated to be the first store of international standard in the district.
News: Food & Grocery, QSR ...
McDonald’s may bring India McCafe coffee shop by 2012
Press Trust of India
Fast food chain McDonald’s today said it plans to bring its globally renowned McCafe, the chain of coffee shop within its outlets, into India by 2012. The move is aimed at tapping the estimated over Rs 1,000 crore organised retail coffee chain market.
Barista Lavazza to expand its ’liqueur coffee’ concept
Press Trust of India
Italian coffee chain Lavazza today said it will extend the concept of serving coffee with alcohol -liqueur coffee -in more outlets, as it looks to enhance its position in the estimated Rs 1,000 crore organised retail cafe market in India. At present, Lavazza’s ’liqueur coffee’ is available at only one Barista Lavazza outlet in the capital. It now plans to take the number of outlets serving it to 25-30 by next year.
Retail Trends
Organised rural retail faces speed bumps
Business Standard
Rural retail was supposed to cash in on the prosperity of Bharat, but the storyline hasn’t really gone the way big corporate houses had hoped.While some have chosen to wind up business, others have preferred to go slow due to a host of reasons. Companies have faced problems with regard to infrastructure, distribution, fluctuating rural incomes and stiff competition from local kirana stores, which operate at much lower costs.
Shop, eat, shop at Delhi’s ’360-degree’ lifestyle stores
Sify
Shopping for lifestyle goods has become a ’360-degree’ experience in the Indian capital, with many stores now offering eating options where one can grab a quick bite or soak in a fine dining experience when not browsing through a wide range of products. Upmarket home decor boutique Zaza is the latest among them, having added the bistro Zaffiro for quick meals to its kitty last week.
Discount coupons gaining momentum
Livemint
To cater to an increasing tribe of discount shoppers... at least eight firms have opened shop in the past six months, offering discount coupons online or through phone messages, according to Tony Navin, co-founder of Bangalore-based Grabbon, a firm that started business in November. These start-ups typically enter into agreements with retailers and offer discount coupons that could be printed from their websites or be sent to customers’ mobile phones as messages, which then can be redeemed at various stores.
HUL’s Project ’perfect stores’ to perfect user connect via stores
Economic Times
Nearly 4,000 staff of Hindustan Unilever, or HUL, including its chief executive officer Nitin Paranjpe, will, this week, dust the dirty shelves at your neighbourhood kirana shop and arrange soaps and shampoos in order to boost sales to regain its past glory as the fastest growing consumer goods company. Project ’perfect stores’ is the world’s biggest consumer connect initiative in the Unilever family to raise falling market share of the Indian arm.
About time we got more gaming stores in the city
TodayNews.in
Game4u, the retail brand from Milestone Interactive, is a top distributor of games in India. With the launch of a retail store in Mumbai, it has registered more sales at the store than on its website by the same name, says Jayont R Sharma, chairman and CEO, Game4u.
Retail Insight
Advanced Category Management: How leading retailers are setting a new standard
Oliver Wyman
Creating a more effective category management system requires more disciplined and streamlined processes, a culture of analysis supported by the right tools, and an organizational model that supports category managers with the right expertise
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