REUTERS Mumbai April 28, 2011 Nandita Bose and Neha Singh McDonald's made its name serving up hamburgers fast, but it took the world's biggest hamburger chain four years to enter India -- without its signature dish. A number of fast-food and cafe chains -- Starbucks and Dunkin Donuts to name just two -- that are flocking to India would do well to take away lessons learned by established rivals such as McDonald's in navigating a market beset with obstacles. Industry experts say patience and flexibility in a country where dietary traditions rule may well define successful global restaurant brands in…
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Sarah Jacob & Pramugdha Mamgain, The Economic Times Bangalore/New Delhi, April 27, 2011 The world's largest clothing retailer Inditex entered India with its flagship brand Zara on a Friday in May last year and that day the South Delhi outlet recorded the largest single-day sale by an international retailer in the country. Less than a year later, Zara fever has gripped several retailers who are chasing shop space next to the Spanish brand's outlets to leverage on its ability to pull shoppers in herds. "Zara has nailed it," Natasha Chopra, who heads personal shopping services at Select Citywalk mall in…
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Raghavendra Kamath, Business Standard Mumbai, April 18, 2011 While middle-aged women are checking out products at the newly-opened gourmet section on the first floor, twenty somethings are waiting to try the designer pret by Lajjo C, whose collection is exclusively displayed at the revamped store of Tata-run Westside in the Kala Ghoda area in south Mumbai. "It's chic and happening", says Parakh Tale, checking out the cereal bar, that allows customers to make their own breakfast cereal mix. For Tale, a regular at the Westside's store, the store is different in many ways than in the past. The chain's flagship…
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Businessworld, April 9, 2011 Vishal Krishna When Noaman and Irfan Razack began developing commercial properties in the early 1980s in Bangalore, they realised that most land owners did not have the skills to run the malls once they were built. Often, a developer only knew the basics — collecting common area maintenance charges and administering the security — without paying any attention to consumer and tenant-retention skills. “We decided to build this skill into our business. Now, every large developer offers this service,” says Noaman Razack, director of the Rs 1,000-crore Prestige Group in Bangalore. Four malls and a decade…
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We didn't get an award, but got the chance to give one away -- the Coca Cola Golden Spoon Award 2011 for the "Most Admired Foodservice Retailer of the Year: Cafés & Juice Bars" to Costa Coffee (Devyani International). Congratulations also to the other nominees: Café Coffee Day, Jus Booster Juice, Mad Over Donuts, Baker Street, and Coffee Bean & Tea Leaf. Eric Oving (Larive), Virag Joshi (Devyani International), Devangshu Dutta (Third Eyesight) PHOTO CREDIT: IMAGES MULTIMEDIA
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