Archive for January, 2007
Supermarkets and hypermarkets such as Food Bazaar, Spencers and HyperCity have been pushing their private labels, leading to these lesser known brands to become acceptable by the consumers and even preferable to some consumers. Retailers are now keeping 20-40% of shelf space for private labels. Once only in the food section, private labels are now […]
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| Nirulas to open outlets in new formats
0 Comments Published by Clarissa January 30th, 2007 in RetailDelhi’s most famous fast food chain, Nirula’s is shaking things up. The company that has long been the leader for fast food in north India, will be launching three new formats to connect with niche customers. Nirula’s Express will be its takeaway format and will be in outlets of 200 sq ft, located in airports, […]
| | | | | | | | | | | | | Technocraft Industries to tie up with major retailers
0 Comments Published by Clarissa January 30th, 2007 in RetailTechnocraft Industries announced that it will be tying up with several major retailers such as Wal-Mart, Brand Factory and Reliance to market its Haute Chilli apparel brand. The company is also hoping to bring in at least 100 franchisees by next year for Haute Chilli and its other brand. The company is looking to see […]
| | | | | | | | | | | | | Provogue India Ltd announced that it had raised Rs. 1.46 billion in preference shares with 6 investors at Rs. 450 a share. The six investor companies are New Vernon, Blackstone, Fidelity, Genesis Capital, Artis Capital and Liberty International, who have bought 3.25 million shares of the company. According to a statement released by the company, […]
| | | | | | | | | | | | | ‘Retail FDI will not cause unemployment’
0 Comments Published by Clarissa January 30th, 2007 in RetailAt Retail Summit 2007 in Bangalore, Vikas Garg, Senior Consultant with Technopak Advisors Pvt Ltd, said that the retail revolution is going on, no matter if FDI in retail is approved or not. The two day summit was organized by the MATS School of Business and had industry experts, retailers and academy related participants.Speakers emphasized […]
| | | | | | | | | | | | | Domestic firms look toward rural retail segment
0 Comments Published by Clarissa January 30th, 2007 in RetailDomestic retailers are planning huge investments to set up rural retail chains. Over 60% of India’s 1.09 billion population lives in rural area, so it only makes sense to market to these customers. Several companies had made their initial foray into rural retail in 2002-03 and have been pleased by the success of their test […]
| | | | | | | | | | | | | Whirlpool is facing severe HR shortage all of a sudden with several of its senior executives putting in their papers for rival companies. Four executives from Whirlpool will be joining Wal-Mart India, with Rakesh Tiwari, a senior manager at the company joining as head of administration at Wal-Mart. According to sources, the former head of […]
| | | | | | | | | | | | | Former Yum! Executives plan new venture
0 Comments Published by Clarissa January 30th, 2007 in RetailAjay Bansal, the former Business Development Director at Yum! Restaurants has hinted that he might be starting a new venture with a couple of top executives who have also left the company recently. According to him, a new venture in the restaurant business might be started along with Sandeep Kolhi, India Head of Yum! Restaurants […]
| | | | | | | | | | | | | Provogue India announced that it will be setting up 6 malls in India through its JV Prozone Liberty. The malls will require an investment of Rs. 15 billion all together. The JV has decided on the location of malls in Aurangabad, Mysore, Indore, Jaipur and Hyderabad. The company will be developing them as a large […]
| | | | | | | | | | | | | User generated content brands making an impact
0 Comments Published by Preeti Sharma January 29th, 2007 in ePublish, eCommerce, eJournalismYouTube and Wikipedia rank 3rd and 4th respectively in an online survey by brandchannel.com. Reuters reports that the poll does not take into account the economic brand value or consider positive or negative impact of the brand. The top ranking global brands are Google, Apple, YouTube, Wikipedia and Starbucks. The Asia Pac region has Japanese […]
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