Raj Jain | Our model will serve small stores better
Livemint
Wal-Mart, which has tied up with Bharti Enterprises Ltd for a 50:50 cash-and-carry joint venture, plans to open up to 15 wholesale stores in three years. Raj Jain, chief executive of Bharti Wal-Mart Pvt. Ltd, spoke about his plans.
Home decor store Rosebys plans 500-700 stores over 5 yrs
Business Standard
"We will have a total of 125-stores by March-2010. On a broader horizon, we plan to open between 500-700-stores over the next 3-5-years," Rosebys Interiors India Director Nikhil Sen said.
Kewal Kiran to expand K-Lounge chain to 180 by end-fiscal
Daily News & Analysis
Kewal Kiran Clothing Limited (KKC), promoters of the 'Killer' brand of jeans and denim wear, plans to scale-up its K-lounge stores to 180 by end of FY 10. Presently, KKC has 136 K-lounge stores across the country.
Finding right space and rentals a major challenge
Financial Express
R Satyajit, chief operating officer, Allen Solly spoke to FE's Mona Mehta on meeting new challenges in the Indian retail scenario, retail expansion plans and plans to tie-up with strategic partners such as manufacturers and designers mainly from Europe to increase innovations.
Subhiksha outlets retailing crackers
Economic Times
This Diwali, troubled retail chain Subhiksha could have something to cheer about with a few of its outlets back in action, selling crackers.
Retail Trends
KIT: Book retail in India
Business Standard
The Indian book retail industry is estimated to be over Rs 3,000 crore, out of which organised retail accounts for only 7 per cent. The industry is expected to grow by approximately 15 per cent a year.
Consumer goods firms wooing children with cartoon characters
Livemint
"Today kids take the buying decisions and parents only pay," said Anwar Ali, store manager at Delhi's Mom and Me, a retail store chain that's part of Mahindra Retail Pvt. Ltd. "We see a lot of excitement in our consumers towards these character products as compared with the general ones".
BS Nagesh, managing director of Shoppers Stop said the last four weeks have been extremely positive, with the week before Diwali the best of the lot. "The consumer sentiment is positive, it is cautiously optimistic. Spending on non-apparel, jewellery and cosmetics has been good. Apparel is also stable now. I am positive on the next two quarters," Nagesh said.
Did you know that Cafe Coffee Day was originally a cybercafe concept? How did Cafe Coffee Day successfully penetrate a tea drinking nation with modern cafes selling coffees for Rs 45 and upwards? Find the answers to these questions and more in a free-wheeling interview with Alok Gupta, Director, Cafe Coffee Day.
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