Retail insight on 27th August 2009

Aug 27, 2009

News and Analysis for the retail industry

News

UAE retail group eyes Indian expansion plan Business Standard Emke Group, which operates the biggest hypermarket chain in the Middle East under the LuLu and Al Falah brands, is entering the lucrative Indian market by developing the biggest shopping mall in Kochi, in Kerala.

Dabur sees retail biz break-even in FY11 Reuters India Dabur expects its loss-making retail business to break even in the next fiscal as it aims to cut costs through a revenue-sharing model under which it would give a percentage of its revenues to landowners, instead of rent.

M&S to launch men's products in India mydigitalfc.com The UK retail giant Marks & Spencer, which floated a 51:49 joint venture (JV) with Reliance Retail in India, is planning to enter new categories such as luggage and footwear for men from the UK stable for the Indian market. At present, the company will launch luggage and footwear at the flagship stores in Delhi and Mumbai before going for a national rollout.

Dockers to exit; other brands doing a rethink Livemint Apparel exporters who had entered the domestic market over the past four-five years riding a retail boom are reworking their business models; local retailers are revamping their pricing and sales strategies.

Retail Trends

Shobhana Subramanian: Retail's new mantra Business Standard Revenue-share deals instead of fixed rentals will give retailers a better shot at profitability only over the long run, says Shobhana Subramanian.

Retail Insight

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