March 19, 2010News for the Retail industry
News: Apparel, Specialty, CDIT ...
Metro says won't expand without APMC licences
DNA
Metro Cash & Carry, the German business-to-business wholesale giant, has decided against opening a store in any state in India until it has the agriculture produce marketing committee (APMC) licence in hand.
Inditex Looks To Open 20-25 Stores In India By 2013 - CEO
Wall Street Journal
Spanish fashion retailer Inditex SA (ITX.MC) is planning to open between 20 and 25 Zara stores in India over the next three years, as it gets to know Asia's second-biggest market better, its chief executive said Wednesday
Vishal Retail denies cooking books: blames printing mistakes
Economic Times
Debt-ridden Vishal Retail today denied fudging accounts, blaming it on printing errors by auditors, and said the firm will soon complete its corporate debt restructuring (CDR) exercise.
Amitabh Bachchan-Endorsed Suit Maker to Sell Shares
GroundReport
Reid & Taylor (India) Ltd., the suit maker endorsed by Bollywood star Amitabh Bachchan, plans to sell shares for the first time to add stores and expand overseas, its biggest shareholder said
Forbes Brands takes T turn with Facit
Economic Times
Diversified conglomerate Shapoorji Pallonji Group is scripting renewed retail plans with a new youth-centric brand, Facit, that will focus on men's T-shirts and innerwear categories
OSRTC failed to realise Rs 2.7-cr lease rent from Reliance Retail: CAG
Business Standard
The Orissa State Road Transport Corporation (OSRTC), the state owned public transporter, failed to realise Rs 2.7 crore towards the lease rent from Reliance Retail Ltd (RRL) for six sites given on lease to the company. The six sites are located in Barbil, Berhampur, Bhubaneswar, Cuttack, Dhenkanal and Keonjhar
News: Food & Grocery, QSR ...
Domino's Pizza to customise products to ramp up sales
Business Standard
Domino's Pizza is planning to customise its products according to cultural tastes and preferences of different regions of India in a bid to ramp up sales and cater to various cross sections of people
Gourmet foods flying off shelves in India
Economic Times
An increasing number of Indians seem to be cooking up a gourmet storm in their kitchens and this passion for fine food, variously hailed as a mark of refinement and reviled as a sign of gluttony and snobbery, is translating into brisk business for a number of retailers and importers, all of whom seem to be on an expansion course
Retail Trends
Express Infrastructure in talks with leading hotel chains
Sify
South India's integrated commercial-cum-hospitality complex developer Express Infrastructure is in talks with big chains like Hyatt and Shangri-La to manage the hotel property built by it inside the Rs.750 crore Express Avenue Complex here
The personal touch: Old strategy takes on a new meaning
Financial Times
A coterie of top jewellers including Steinmetz, David Morris, Moussaeiff, Harry Winston and Tiffany and others - who prefer not to be named - are taking business very personally indeed
Retail Insight
Long Term Inventory Planning: Identifying the Path to Optimal Inventory Through Modeling
Infosys
As increasingly advanced tools become available, optimal inventory planning is becoming not only possible, but essential for retailers. Even today, many retailers rely on a merchandise planner's past experience and gut feel to determine not only the rate at which a product will sell, but also the rate at which they will buy. Driven by top-down, growth-focused forecasts, this frequently results in bloated inventory levels and deep discounting to move unwanted product.
No comments:
Post a Comment