If you can't view this newsletter, please click here
Maximise Retail Potential
About Us Our Business Consulting & Partnering Retail Consulting HR Consulting for Retail Retail Recruitment Retail Training Retail Productivity
 
Editor's Note
   
Editor’s Note

Welcome to the March edition of MRP (Maximize Retail Potential) targeted at helping professionals in the retail industry stay informed of the latest news and trends. The April issue focuses on the changing face of malls in India. A special section Retail Poll which will help the readers contribute and share their retail experience.

Please send in your comments to Anku Sharma at anku.sharma@milagrow.in
   
Expert Opinion
   
  The Fading Picture of Indian Malls  
 

It has been almost one decade of presence of shopping centres in India, as the first center appeared in late 90s - Ansal Plaza, New Delhi and since then the expansion really accelerated in 2002 – 2003. In the year 2008 – the year of economic slowdown, the development was less than expected and it is evident due to the fact that: 34 centres were opened (whereas 74 were planned for opening at the beginning of2008) and 8, 50, 000 square meter GLA (whereas 1,800,000 square meter was expected) Besides the economic downturn, the problem also comes from the developers and retailers. The article examines various factors contributing to fading picture of Indian malls.

  Read More...
Retail News
   
    Retail Expansion  
  Shoppers Stop plans expansion to catch up with competitors
 

Shoppers’ Stop plans to add 1 million sq ft over the next three years. This would mean 18 new department stores by 2013, the highest addition in the company’s history. Currently it has 29 department stores and five Hypercity outlets, apart from Crossword bookstore, and specialty store MAC, among others.

  Read More...
 

Gourmet Gulf charts out plans for expansion in India & UAE

 

Gourmet Gulf Company, a food and beverage retail company operating top-tier brands in the Gulf region, has unveiled ambitious expansion plans for the Middle East and India, with its franchise-driven strategy targeting 100 units by 2014. The company expansion plans will include opening 17 outlets in 2010.

  Read More...
  FUJIFILM takes retail route , ties up with leading retailers
 

FUJIFILM India Pvt. Ltd., the wholly owned subsidiary of FUJIFILM Corporation, Japan, one of the world’s largest photographic solutions company, today announced that it has chalked out decisive retail sales and customer care strategies to consolidate its presence in the country.

  Read More...
  Arvind Brands to scale up organic denim business
 

The call of the global consumer to let fashion go organic has driven the denim heavyweight Arvind Ltd to manufacture organic denims. For the first time since the textile tycoon introduced denim in India in 1984, its Naroda plant has taken to manufacturing organic denims.

  Read More...
  Bombay Swadeshi Stores plans to spread its wings across the country
  Bombay Swadeshi Stores, the gift and home retail chain, which sells under the brand of ‘The Bombay Store’, is planning to set up 16 stores by FY 2012. It is looking at upcoming new airports in the country for locating some of the new stores.
  Read More...
    Retail Trends  
  Retailers get professional help from budding leaders to boost end-of-season sales
 

Annual sales seasons offer windfall gains in many ways, and not just for consumers. Leading department store chains Pantaloons and Shoppers Stop are, for instance, utlising new resources to push off-price sales on the shop floor. In partnership with Retail Training Solutions (RTS), based in Noida, the retailers are optimising the burgeoning skills of management students for end-of-season sales.

  Read More...
 

Retail sector advocates stringent employee background check

 

To contain pilferage of goods by employees, the domestic retail industry is in the process of creating a database of people employed by it and verifying their backgrounds. The Retail Association of India (RAI) has tied up with CRP Technologies, human resources (HR) consultancy and background verification firm, to create the database.

  Read More...
  Social networking – The new advertising tool for restaurants
 

Follow the young crowd, hook it with the stuff they freak out on, and you will have customers checking into your food and cafe outlets in no time. This unique marketing mantra adopted by restaurants mushrooming in India is done using the social networking platform, mainly Facebook. And there are no advertisement spends on this innovative idea.

  Read More...
  New norms to curb test-marketing misuse
 

Foreign investors violating FDI rules by using their test-marketing licences for doing large-scale retail business and even for product manufacturing, could be in for trouble. The government is planning to come out with strict norms to check these violations, most rampant in the retail sector.

  Read More...
  Aditya Birla Retail eyes PE funds
 

The Rs 1,450-crore Aditya Birla Retail is open to offloading between 10 and 15 per cent stake in its company to private equity players to boost its retail operations.Currently the retailer, which runs the retail chain More, is funded by debt, but going forward there is a likelihood of raising funds through private equity or even finding a strategic partner who could infuse fresh equity into the still unprofitable venture.

  Read More...
    Launch Pad  
 

Hypercity forays into Punjab

 

Hypercity Retail (India) Ltd, one of India’s finest hypermarket chain, has launched its outlet in Amritsar, Punjab. The 1,00,000 square feet store is situated at AlphaOne mall, Amritsar.

  Read More...
  Study by Janak launches a couture collection only for men
 

Study by Janak, the designer wear brand has just launched a couture collection only for men called Manoj and Ayush Mehra. The brand plans to pump in Rs 5 crore for the new collection.

  Read More...
  McDonald’s is all set to rolls out web delivery initiative
 

McDonald’s has had to innovate its way through India: Vegetarian fare, home delivery, breakfast menu, extended hours and so on. As a result, the McDonald’s model in India looks very different from anywhere else in the world. Most of these steps have added incremental revenue. The company is now all set to launch its web-based delivery service in March.

  Read More...
  Organic India initiates own chain of retail stores
 

Organic India which is involved in organic farming in Uttar Pradesh and export of herbal products abroad has now embarked upon setting up its own chain of exclusive retail stores in India. The company has already opened an exclusive retail store in Maharashtra and is in the process of inaugurating six more stores in Delhi, Chandigarh, Hyderabad, Bhopal, Nagpur and Lucknow by March end.

  Read More...
  mJunction teams up with YObykes for online retail
 

mjunction Services, the 50:50 joint venture of SAIL and Tata Steel for providing India’s largest e-commerce platform, has now teamed up with YObykes, from the stable of Electrotherm India (auto division), India’s largest selling electric two-wheeler, to kick off an online auto retail initiative.

  Read More...
  Groceryshop.in – The Online Supermarket in Mumbai
 

U. V. Retail is presenting Groceryshop.in – first of its kind Online Supermarket in India. Currently this service is available only in Mumbai. It is a venture promoted by Davinder Goyal.

  Read More...
  Plan to open India's first floating mall in Kerala
 

The runaway success of India's first floating supermarket has enthused its owner Kerala Consumerfed to think of launching a floating mall, probably the world's first, that will take modern retail to villages by the backwaters.

  Read More...
    Retail Support  
 

Polaris Launches IStore Linux

 

Polaris Software Lab said that its wholly-owned subsidiary Polaris Retail Infotech (PRIL) has launched a Linux-powered retail store management solution called ' iStore Linux.' PRIL has signed up Samsonite to roll out iStore Linux in its 60 exclusive brand outlets across India. iStore, jointly launched by PRIL and IBM in 2009, is the first SOA-based retail solution in India that is built on the open-standards-based Java platform.

  Read More...
  LS Retail chooses Dynamic Vertical Solutions as its CoE in India
 

Dynamic Vertical Solutions (DVS) announced being chosen to set up its “Retail Center of Excellence” in India by LS Retail.The “Retail Center of Excellence”, is an initiative to provide retailers of all sizes insights into usage and application of cutting edge technologies in the retail industry and would showcase an end-to-end solution roadmap for the retail industry.

  Read More...
   
    Milagrow in News  
  How to manage multitasking
  It’s an all too familiar office phenomenon. Check the computer screen of any employee and three or four work windows will be open. Besides, there’s the instant messenger popping up ever so often, the constant ping of an email auto notification, and the mobile phone ringing constantly.
  Read More...
  The All-round Digi-Drama: Conference, Quiz & Awards
  The theme of the Digital Media Conference is ‘Insights into the Digital business’. This is the first year of the Conference, and this also marks the beginning of a digitally charged day. Mahendra Swarup, Chief Mentor, Smile Interactive and President, Indian Venture Capital Association on ‘Emerging Digital Trends’, will deliver the keynote address.
  Read More...
  Is Madhya Pradesh the new Battle ground for Hindi Dailies
  In the last two years one of the busiest market for Hindi dailies has been Madhya Pradesh (MP), the second largest state of the country in terms of size and the seventh largest in terms of population (60,348,023). The state has a literacy rate of 64 per cent (census 2001), the number of people who can read Hindi is 29,213,000 and the audience that reads any Hindi daily is 4,770,000 which include 3,608,000 individuals with an urban background. This shows there is a major gap that can be served so it automatically becomes a prominent battle ground for Hindi publications. If we see further the urban part that can read Hindi is 11,181,000 individual so the major potential lies in rural part.
  Read More...
   
Milagrow SME Portal Offer
 
 

Volume III, Issue I
April 2010

 
Our Corporate Film
 
Milagrow Events
 
World Small Retail Conference
 
Make your team a High Performing Team
 
Careers with Milagrow
 
Retail Trainers Required
 
Openings in Retail
 
Retail Solutions
 
Retail Recruitment Service
 
Improve your Retail Workforce Productivity by upto 200%
 
 Milagrow World Small Business School presents
 
No Cost Software Solutions for Your Enterprise
 
  Milagrow World Class Consulting Services
 
360 Degrees Product Design Solutions
 
Funding Facilitation so that your business growth never stops!
 
  Advertise with us
 
Reach out to 7 Lacs databse in one shot
 
Advertise with us, place your ad here
 
Advertise with us in Milagrow Portal
 
Milagrow Events Empowering SMEs
 
Milagrow MSME Research Studies
 
Contact Advertise Feedback & Suggestions Legal Helpdesk Vacancies in MSME Subscribe Careers with Milagrow
Milagrow Newsletters: MSME | CDIT | Retail | HR | IT
Connect with us:  Twitter        Linkedin        Facebook       You Tube       Milagrow MSME Blog
Disclaimer: The information contained in this Newsletter is to the best of our knowledge, accurate and complete. However, since the information has been gathered from varied sources, Milagrow accepts no responsibility for the accuracy or completeness of the information herein and same is submitted subject to errors, omissions, etc. The articles in the newsletter, other than those written by Milagrow associates are the IP of the original owners and in no way does Milagrow benefit from them, financially. Milagrow newsletter is a service with no charge to the MSMEs, who may not have access to such material, otherwise. All Disputes shall be subject to the sole jurisdiction of Gurgaon.
Visit www.milagrow.in to know more. To refer a friend, click here
Small companies dream big with Milagrow
Copyright © 2009 MILAGROW. All Rights Reserved.
To unsubscribe, click here.