The year 2010 is likely to see top premium and luxury brands from the US and Europe make a beeline for India. Among the first of these to enter could be Spanish brand Zara Basics and US men's casual and sportswear brand IZOD, with likely sales of products to start by June 2010, according to industry sources.
Jubilant FoodWorks is entering capital markets with an initial public offering (IPO) of 22,670,447 equity shares of Rs 10 each on January 18, 2010. The issue will close on January 20, 2010. Leading pizza retailer Dominos India is run by Jubilant FoodWorks.
The company said it will expand its dealership network to 900 in the next two years from 600 at present and plans to up its store count to 500 from 362 outlets across India.
Coffee n U' isn't just a Coffee Shop, it's an enigma! With its coffee chain business outlets in Nagpur, Bengaluru and Pune, it is all set to expand further in all major cities across India with the expertise of Franchise India Consulting.
Wal-Mart Stores Inc., Carrefour SA and other global food retailers will face increasing challenges in emerging markets as indigenous chains become more sophisticated. Chains in China and India are acquiring skilled, management-level employees from developed companies, eroding that global competitive advantage.
In India, the franchising industry received a fillip during the 1990s due to opening up of the economy. Since then, sales from franchised business have grown at an average rate of 25% to 35% compared to an economic growth rate of 6% to 9%.
THE RETAIL SECTOR was one of the first sectors to make significant investments in collecting and integrating customer data in data warehouses. Retailers have generally earned a significant return on their IT system investments by using business intelligence systems to analyze the data to improve business performance with a focus on reducing operating costs, without sacrificing the customer experience.
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