Mall Mania, Mall Madness – alliterate as you will – it’s a phenomenon that is certainly taking over the newsprint, airtime and, quite possibly, your neighbourhood. A study published in 2005 estimated that by 2007 over 360 shopping centres would be operational around the country, with approximately 90 million square feet. A meagre increase of 0.08 sq. ft. in per capita shopping space doesn’t seem like much in a country of a billion-plus people. But most of it is concentrated around the big cities – Delhi and Mumbai account for more than half of the total space projected, with the…
MUMBAI: The Rs 39,000-crore Aditya Birla Group has appointed global consulting firm, McKinsey & Co to chalk out the company’s retail rollout plans. Sources suggest that McKinsey has been given the responsibility to strategise on the entry strategy for the group. McKinsey is to study the opportunities in the sector and advise on plans to launch a chain of fashion-led outlets and hypermarkets. The Aditya Birla Group recently became the third major business house to announce its foray into organised retail. Mukesh Ambani’s RIL and Sunil Mittal’s Bharti Enterprises have also joined the bandwagon to enter this lucrative and fast-growing…
Mall Mania, Mall Madness – alliterate as you will – it’s a phenomenon that is certainly taking over the newsprint, airtime and, quite possibly, your neighbourhood. A study published in 2005 estimated that by 2007 over 360 shopping centres would be operational around the country, with approximately 90 million square feet. A meagre increase of 0.08 sq. ft. in per capita shopping space doesn’t seem like much in a country of a billion-plus people. But most of it is concentrated around the big cities – Delhi and Mumbai account for more than half of the total space projected, with the…
By VISHAL KRISHNA Businessworld Issue Dated 30 June-06 July 2009 If you were hoping to see a Wal-Mart store in your locality soon, you may be disappointed. The government has made it clear that it is against the idea of 100 per cent Foreign Direct Investment (FDI) in front-end multi-brand retailing. “The Congress government has come to power by supporting the farmer, the middleman in mandis and the kirana store. Now aiding modern retail will be the last thing on their mind,” says a Mumbai-based retail analyst, who did not want to be named. Even if front-end retail stays domestic,…
BHANU PANDE The Economic Times, DELHI, 22 June 2006 For a man from Dehradun who ran a family-owned bookstore called English Book Depot, it's been quite a journey to the point where his Book Café chain now has tie-ups with retailers like Café Coffee Day, Nirula's, Barista and Subway. Sandeep Dutt, who's effectively used co-branding and co-location strategic tie-ups to set up a 20-store book retail chain, says, "We are in the business of brewing knowledge." He's observed that there are many consumers - aged anywhere from 15 to 40 - whose need for leisure and a great place to…
As legacy retailers balance speed with customer experience, is near-instant delivery a sustainable goal for fashion, or will the costs outweigh the rewards?
@devangshu
#Retail #SupplyChain #Strategy #India #Fashion #SupplyChain #Omnichannel
Ikea has been around in India for about eight years. and has taken a long-term view on India with product and format customisation, and future investment plans of over $2 billion.
Modern retail, consumption, brand building, M&A, balance of power between brands & retailers/platforms, sustainability vs growth and more; tune in if you're building for the long run
@vishalkrishna @devangshu
Youtube:
Spotify: https://open.spotify.com/episode/2G48xN2jhtSyIBhoZj7LCH...
