‘Consumer’ Archives
Consumer spending may grow in double-digits: MasterCard
Consumer spending in the Asia Pacific region is expected to see a turnaround this year, with double-digit growth in retail sales likely in various countries, including India, says a survey. (more...)
Retail brands may hire more as shoppers return
Organized retailers led by Pantaloon Retail (India) Ltd and Shoppers Stop Ltd plan to step up hiring in the coming months as they open more stores to take advantage of a rebounding economy after weathering a downturn that cost thousands of jobs. (more...)
Booming Retail Sector in India
India is one of the most attractive destinations for retailers from all across the globe. Thanks to the entry of corporate, changing consumer behavior & lifestyle, increasing influence of western culture and rising income, the Indian retail industry has seen phenomenal growth in the last five years (2001-2006) and organized retailing has finally [...]
Retailers take on FMCG firms with private label push
Star Bazaar, the Tata group’s hypermarket in Thane on the outskirts of Mumbai, has several racks reserved for its private labels in noodles, breakfast cereals and other processed foods, just next to those from fast-moving consumer goods (FMCG) majors. But, while the racks of big brands carry just price labels, Star Bazaar’s own products have [...]
Retailers tread warily into cash-and-carry
Retail firms are making a cautious entry into the cash-and-carry, or wholesale trading, format, betting on a huge demand base of unorganised independent stores, and in a bid to lure foreign investments. (more...)
Kishore Biyani: Taking Future Group to next phase of growth
Kishore Biyani has spread his wings beyond the shopping isles of his Big Bazaar and Pantaloon stores, but he has still got his eyes firmly on the wallet of the Indian consumer as he forays into life insurance, financial services and even telecom. India's retail king Kishore Biyani, Future Group talks about his journey so far and his future plans. [...]
Yum! Brands International Division Opens First Taco Bell in India
Yum! Brands, Inc. announces the grand opening of the first Taco Bell in India by its international division, Yum! Restaurants International (YRI). Yum! is the leading restaurant company in India with its KFC and Pizza Hut brands. The introduction of the first Taco Bell in India reflects the Company's strategy of creating a third global brand. [...]
Unlocking retail’s potential
As Prime Minister Singh recently noted, India needs greater competition to keep food prices in check for the consumer. (more...)
Cartier plans expansion in India
In order to cash in on growing brand consciousness, luxury watch maker Cartier plans to expand its distribution network in India, a top company official said here. (more...)
Bigshoebazaar.com to expand in metros
Bigshoebazaar.com, shoe and accessories shopping portal, recently opened its first store in East India at Patna, Bihar. The store, set up with an investment of one crore rupees, occupies an area of 1,250 sq.ft. (more...)
