sales per square foot Archives - Third Eyesight: leading management consultant - retail, consumer, fashion, food, textiles, home, strategy, India, business growth, marketing, ecommerce, omnichannel

Reliance Retail targets quick commerce market, challenging Blinkit, Swiggy’s Instamart

admin — Mon, 07 Oct 2024 16:31:00 +0000

Writankar Mukherjee, Economic Times 7 October 2024 Reliance Retail has initiated efforts to enter the thriving quick commerce market in a move that is set to escalate competition for Zomato-owned Blinkit, Swiggy Instamart and BigBasket, among others. The country’s largest retailer has started offering quick commerce services in select areas in Navi Mumbai and Bengaluru […]

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Big retailers, Reliance to Titan, slash jobs by 52,000 in FY24

admin — Mon, 19 Aug 2024 08:57:00 +0000

Around a dozen lifestyle, grocery retailers, and quick-service restaurants cut about 26,000 jobs in FY24. This decline followed a slowdown in store expansions amid weakening consumer demand. Leading this staff reduction were Reliance Industries' retail arm and other major retailers. Still, some retailers, such as Shoppers Stop, continued to expand.

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Priority #1 – Store Productivity, Same-Store Growth

Devangshu Dutta — Thu, 31 Jan 2008 12:18:29 +0000

It’s quite amazing that “store productivity” doesn’t grab the attention of most people in the retail trade in India, despite the fact that real estate costs are riding an all-time high. It’s become quite typical for rentals to range 20-25% of sales, and in many cases even higher than that. (In those instances, a retailer could only hope […]

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