Spencer's Archives - Third Eyesight: leading management consultant - retail, consumer, fashion, food, textiles, home, strategy, India, business growth, marketing, ecommerce, omnichannel

Consumption slowdown is forcing retailers to scale back & shut shop in unprofitable markets

admin — Sun, 28 Jul 2024 16:32:00 +0000

Top retail chains like Reliance Retail, Shoppers Stop, and Spencer's are closing underperforming stores due to prolonged consumption slowdown. Reliance closed 249 stores, Spencer's exited North and South India. Companies are focusing on rationalizing networks and controlling costs to sustain operations amid weak demand and external challenges like heatwaves and elections.

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Celebrating Entrepreneurship

Devangshu Dutta — Sat, 02 Feb 2008 10:16:30 +0000

Creating an entrepreneurial ecosystem is absolutely critical to a healthy and vigorous society and economy. Creating a “democratic” entrepreneurial ecosystem is even more critical to sustaining that health. A democratic entrepreneurial system is like all other democracies – inclusive and widespread – and vital to improving the baseline quality of life. As we’ve pointed out […]

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