The Indian retail update is being changed from daily to weekly report. And you know the reason for this ? In India, retail is firing scud missiles. Nobody can stop this war ! Lets go baby :)
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Tuesday, August 7, 2007
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Monday, July 30, 2007
Indian Retail Industry Update
From today onwards, I am adding a new dimension to my blog. The blog will have Indian retail industry news and this will be updated everyday.
Tuesday, July 24, 2007
Alice in warland
"OH Dear ! Oh Dear ! I shall be too late !"
So muttered the white rabbit just before he plunged into wonderland, with Alice in pursuit. Similar utterances have been escaping the lips of many Indian retailers, as it was confirmed that new players are entering the warland.
Hence the rush , as many new retailers head down the rabbit hole, searching for their own adventures in warland.
So, here is some news :
Gitanjali Group(famous for its jewellery stores) to invest Rs 100 crore in Luxury Connexions and Luxury Malls
Wills Lifestyle(clothing retail) to increase stores to 100
Dabur India plans tie-up with kirana store
Mahindra & Mahindra may tie up with British grocery giant Tesco
Godrej to launch 20 speciality boutique stores by 2010
Spencer to open 1,000 stores by 2009
RPG Group for Rs 1,000 crore expansion
Subhiksha stores touch 1,000
Future Group to open 225 Big Bazaar stores
Bharti Retail to have supermarkets and hypermarkets; will partner with kirana stores through franchise
Reliance Mart in Bangalore and Gujarat; 169 Reliance Fresh stores; may buy 13 per cent stake in France's Carrefour
Total retail space: 1 million sq. ft in 2002; 40 million in 2007; 60 million sq. ft in 2009
The warland is just heating-up. As a footballing metaphor goes ' the final whistle is still some way off and the match may well go into extra time'. Similarly, I believe that even the India retail war will go a long way, may even end in penalty shoot-outs.
So muttered the white rabbit just before he plunged into wonderland, with Alice in pursuit. Similar utterances have been escaping the lips of many Indian retailers, as it was confirmed that new players are entering the warland.
Hence the rush , as many new retailers head down the rabbit hole, searching for their own adventures in warland.
So, here is some news :
Gitanjali Group(famous for its jewellery stores) to invest Rs 100 crore in Luxury Connexions and Luxury Malls
Wills Lifestyle(clothing retail) to increase stores to 100
Dabur India plans tie-up with kirana store
Mahindra & Mahindra may tie up with British grocery giant Tesco
Godrej to launch 20 speciality boutique stores by 2010
Spencer to open 1,000 stores by 2009
RPG Group for Rs 1,000 crore expansion
Subhiksha stores touch 1,000
Future Group to open 225 Big Bazaar stores
Bharti Retail to have supermarkets and hypermarkets; will partner with kirana stores through franchise
Reliance Mart in Bangalore and Gujarat; 169 Reliance Fresh stores; may buy 13 per cent stake in France's Carrefour
Total retail space: 1 million sq. ft in 2002; 40 million in 2007; 60 million sq. ft in 2009
The warland is just heating-up. As a footballing metaphor goes ' the final whistle is still some way off and the match may well go into extra time'. Similarly, I believe that even the India retail war will go a long way, may even end in penalty shoot-outs.
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