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Welcome to the August edition of MRP (Maximize Retail Potential) targeted at helping professionals in the retail industry stay informed of the latest news and trends. The August issue focuses on exploring how IT solutions can act as a catalyst in retail growth. A special section Retailing Retail shares the first quarter results for leading retailers.
Please send in your comments to Anku Sharma at anku.sharma@milagrow.in |
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| Launch Pad |
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S Kumars to Launch Fast Fashion Brand Oviesse |
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S Kumars' joint venture with Italian fashion brand Oviesse will see the launch of the premium fast fashion brand ‘OVS Industry'. Brandhouse Oviesse is a joint venture between the S Kumars’ subsidiary Brandhouse Retails -and Oviesse of Italy (a part of Gruppo Coin).... |
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Star CJ Launches 24x7 Shopping Channel STAR CJ Alive |
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STAR CJ Network India has launched its 24x7 home shopping channel STAR CJ Alive. The channel will go live in August and will cover diverse product categories... |
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Krishi Malls to Come up in Public-Private-Partnership |
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Karnataka govt. is in the process of inviting bids for setting up Krishi malls, rural shopping complexes that will offer a diversity of agriculture-related goods and services, including expert advice... |
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Arvind Mills Set to Foray in Organic Food |
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Arvind Mills, the world’s third largest denim producer, is now launching the country’s first branded organic staple food range. The company is in the process of collaborating with retail chain Spencer’s Retail to market its range of organic food. Arvind Mills has a presence in organic cotton since 2007, having expanded the area under contract farming from 10,000 acres to 30,000 acres... |
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| Retail Trends |
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Modern Retailers Managing the Price Challenge Better than Kiranas |
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According to a study by The Nielsen Company, modern retail dropped prices by more, or increased them by less, for more product categories than traditional retailers, or kiranas, between the last quarter of 2009 (Oct-Dec) and the first quarter of 2010 (Jan-Mar)... |
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Retail Pharma Co-Operating to Compete |
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Big players in pharma retail business are looking to muscle in on the business which is 95% controlled by chemists and druggists. To counter the challenge posed by big players' entry in the drug retail business, countrywide pharmacy owners have formed a company -- All India Origin Chemists and Distributors -- to foray into organised retail... |
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Twist in Retail Tale: MFIs Depict Co-Existence of Retail Giants with Kiranas |
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Industry estimates suggest that only 35% of the 6 million-odd kiranas in India are properly serviced by consumer goods companies and distributors. The remaining 65% is serviced by a multi-layered distribution network that is often inefficient, but still adds a substantial amount to the product cost. Now retailers like Wal-Mart, Metro Cash & Carry and the Future Group have entered into partnerships with microfinance institutions (MFI) ... |
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Retail Promotion: A Unique Offer of Free Talktime with Every Purchase |
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Tata Teleservices and the Future Group is all set to rollout its co-branded mobile service - T24 (Talk 24) - in Bangalore this September. The offer will include shopping benefits for talking, and talk time credit for shopping... |
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| Detailing Retail : First Quarter Results |
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| Milagrow in News |
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Philips' New Design for Growth |
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After tying up with Videocon for TV, Philips wants to focus on smaller segments of the consumer electronics market where the Koreans aren’t aggressive Philips wants to grow at double the rate of the country’s gross domestic product. |
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Indian SMEs plans to raise IT budget by 80% in 2010 |
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Small and medium enterprises (SMEs) are expected to loosen restricted information technology (IT) budgets, take to social networking, increase adoption of “software as a service” (SaaS) and mobile applications. |
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IT4SMEs- The Milagrow Way |
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Milagrow launched IT4SME's,IT initiative aimed at providing affordable and effective IT solutions for small and evolving businesses.Sage announced its Partnership with Milagrow Business & Knowledge Solutions to address the business automation requirements of the burgeoning SME sector in India.Speaking on this occasion, Thomas Abraham, Managing Director, Sage India said, “IT Industry by - and large has failed the small business cause in India -through poor quality missed deadlines. |
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Milagrow Launches New Website to provide IT Solutions for SMEs |
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Keeping in mind the growing information technology (IT) needs of the micro, small and medium enterprise (MSME) sector, Milagrow Business and Knowledge Solutions has launched a new website 'IT4SMEs' to provide IT solution to for small and growing businesses in India. |
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Sage partners with Milagrow to promote Business Applications in ERP, CRM & Payroll to SMEs in India |
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Sage today announced its Partnership with Milagrow Business & Knowledge Solutions to address the business automation requirements of the burgeoning SME sector in India.. |
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