Sentiment normal again: Pantaloon DNA Retailers may be looking at a good year as demand revives and cash registers start ringing again. Pantaloon Retail, the country's largest organised retailer, on Friday said a sustained recovery in same store sales and an improvement in consumer sentiment in the urban markets gave it reason to assume the slump is well, past.
Punjab Govt scraps deal with Reliance Retail Hindu The farm-to-fork initiative of Reliance Retail seems to have hit a roadblock with the Punjab Government terminating its agreement following non-compliance with terms of the memorandum of understanding.
Retail Trends
Top apparel brands revise prices, tweak volumes to boost sales Livemint Brands such as Scullers, Allen Solly and Marks and Spencer Group Plc. have slashed prices by 10-20%, while Turtle India Ltd, Provogue India Ltd and Van Heusen are focusing on more volumes at lower price points
Retail Insight
Issues Monitor: Sharing Knowledge on the Retail Industry KPMG The global retail sector is expected to contract in 2009 after sales slowed down in 2008. Retailers are closing stores, laying off employees and abandoning their expansion plans. In order to capture dwindling consumer spend, they are increasingly turning to technology and innovative marketing strategies, as well as offering discounts and focusing on private label products.
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