If this newsletter does not render correctly, please enable images or view the online version
Add newsletter@indiaretailnews.com to your Safe Senders list to ensure that our emails reach you

Get the TradeBriefs Premium Advantage
TradeBriefs - News, Insight, Jobs - Stay Informed. Get Ahead.

Special Offer: Invite 3 friends to subscribe to this newsletter and get complete access to Premium Content (including Premium Jobs) for 1 month. Your Premium Subscription will be activated the next day.

October 17, 2012News for the Retail Industry
 
  From the Editor's Desk 

Contributing Editor, TradeBriefs: Salar.M

Interview with Mr.Kunal Shah, CEO of Freecharge.in, on the future of online recharge in India


Read more / Join the discussion on LinkedIn

  At a Glance 

News - Headline, Apparel, SpecialtyNews - Food, QSRTrends & Insight
  News - Headline, Apparel, Specialty .. 
Lilliput back on track, plans to raise Rs 300 crore
Business Standard
Debt-ridden apparel player Lilliput Kidswear is back on track with aggressive fundraising plans. The Delhi-based retail major which has just ended the year-long battle with private equity investors has started another round of fundraising discussions; the management is already in discussions with two Chinese private equity players to raise as much as Rs 300 crore to meet expansions. Last week, Sanjeev Narula, promoter of Lilliput had withdrawn all the cases filed against the private equity firms, after PEs sold their 45% stake to Narula with a zero return. The management is also in discussion with a couple of Chinese apparel makers. Lilliput, ready to dilute as much as 30% stake, is looking for a total valuation of Rs 1,500 crore for the company. When contacted, Sanjeev Narula confirmed the development. Facebook Twitter Linkedin Email

Proposals by America's oldest clothing retailer Brooks Brothers and Italian jewellery major Damiani for direct investment in single-brand retail will be taken up by the Finance Ministry on Friday. The Foreign Investment Promotion Board (FIPB), headed by Economic Affairs Secretary Arvind Mayaram, will also take up, on October 19, UK-based footwear giant Pavers England's FDI proposal for single-brand retail sector. Applications of Brooks Brothers Group Inc (BBG), Damiani India Pvt Ltd and Pavers England Ltd, are listed under the "fresh proposals" category of the FIPB agenda, an official said. These are among a large number of global retailers have expressed interest to set up stores in India. Facebook Twitter Linkedin Email

With jewellery consumption growing in spite of persistently high gold prices, Shree Ganesh Jewellery House Limited (SGJHL), a Kolkata-based jewellery maker has decided to invest around Rs 500 crore towards retail expansion by 2013-14. "Looking at India's robust gems and jewellery consumption, we are looking to invest around Rs 500 crore in the next fiscal. We plan to open about 50 new stores across the country," said Umesh Parekh, Managing Director, SGJHL. Most of the funding requirement will be met through internal accruals, while a part will be raised through debt, said Parekh. Facebook Twitter Linkedin Email
Facebook Twitter Linkedin Email

New stores to help Lifestyle offset slump - Livemint

Department store operator Lifestyle International Pvt. Ltd., expects revenue to rise by about one-third to Rs 3,200 crore this year as new outlets offset a slowdown in sales growth at existing stores owing to restrained consumer spending. Lifestyle, which owns the eponymous department stores, apparel retailers Max and Splash as well as furniture retailer Home Centre, reported Rs 2,500 crore in sales for the year ended March. Company-wide growth in same-store sales, or sales at stores open at least a year, has dropped to about 10% this year, Managing Director Kabir Lumba said in an interview. Facebook Twitter Linkedin Email

Woolworths, Croma to continue cooperation
mydigitalfc.com
Croma, the electronics retail unit of the House of Tatas, will continue to leverage the resources of Australia's largest supermarket chain Woolworths even after it completes the buyout of Woolworths Wholesale (India) for Australian $35 million (Rs 200.69 crore). "Even after sale of the India wholesale operations to Infiniti Retail, we will continue to work closely with the Hong Kong office of Woolworths and benefit from the combine scale efficiencies in purchase of electronics items from global markets," said a top official familiar with the developments. Facebook Twitter Linkedin Email

Shoppers Stop is cutting down space at its large format HyperCity stores as it aims to turn it profitable within the next three years. The retail space at HyperCity stores is being cut from 1 lakh sq ft to 70,000 sq ft. "The costs are quite high. Rent accounts for 25% of the (profit) margins and power costs nearly 20%. After this, there is nothing much left for us," said Managing Director of Shoppers Stop, Govind Shrikhande. Losses in HyperCity stores have come down from around Rs 80 crore to Rs 60 crore and the aim is to make it profitable within the next three years, he said. While it has already cut space at its Hyderabad and Amritsar stores, it will reduce space at five HyperCity outlets by the end of the current financial year. It would however continue to operate with the same space in large cities such as Mumbai. Shoppers Stop has 12 HyperCity stores across the country and is adding only 1-2 such stores every year. Facebook Twitter Linkedin Email

Handbags retailer Holii opens store in Kochi - indiaretailing.com

Handbags retailer Holii opens store in Kochi
indiaretailing.com
Holii Bags and Accessories has recently opened its first store in Kochi at the Abad Nucleus mall. This is the 11th store of the brand in India. Spread over 330 sq.ft., the outlet stocks leather bags and accessories such as wallets, belts, bag jewellery, tote bags, and clutches. Holii Accessories is a joint venture between the Future Group and Hidesign. Facebook Twitter Linkedin Email

  News - Food, QSR 
FabMart.com, a start-up retail venture of Madanapalle Retail Pvt Ltd, has come out with a new model aimed at addressing the demand-supply needs in smaller towns. Alphonse Reddy, Founder and CEO of FabMart.com, said retailers in major cities stock majority of models across product categories and brands. But, in small towns, they stock only low- or mid-priced and fast-moving models. Consumers in smaller towns are increasingly demanding a shopping experience on par with customers in large cities in terms of brands, product range and special offers. Likewise, some of the big brands have been looking for entry into smaller towns. In this model, the company will tie up with retailers in various small towns, who will book orders by displaying merchandise using a touch-screen tablet with Internet connectivity provided by the company. The customer can collect the product a few days later from the retailer. Facebook Twitter Linkedin Email

Mumbai-based food company Pan India Food Solutions (previously Blue Foods) has managed to break even last fiscal, by scaling down its food court brands such as Spoon and Foodtalk. It plans to focus on fine dining formats as it enters new markets. K S Narayanan, CEO, Pan India Food Solutions, said, "Food court was not a profitable model. We have been forced to scale it down from 15 to just 5. The average price realisation is low and the format ends up as a service provider for consumers. There will be only 4-5 formats that we would be expanding in and these would be mainly in the fine dining area." The company is scaling up formats such as Spaghetti Kitchen, Copper Chimney, Noodle Bar along with Gelato, its Italian frozen desert brand.
Facebook Twitter Linkedin Email

SFC to set up 200 outlets in India, including 25 in Kerala
Economic Times
UAE-based Southern Franchisee Company (SFC), with speciality hospitality operations, is foraying into India with plans to start 200 outlets, including 25 in Kerala, with a total investment of Rs 750 crore. To start with, the brand, which has a network of 25 restaurants across UAE, would be opening its first outlet in India at Kochi, Kerala. The company owes its success to the signature Southern Fried Chicken. Facebook Twitter Linkedin Email

  Trends 
DHL investing $130 mln in India as retail sector opens - Reuters

Deutsche Post DHL's Indian arm plans to invest 100 million euros ($129.4 million) via its supply chain division to build new warehouses and transport facilities in India as it positions itself to exploit the opening up of the retail sector. "With government investments in infrastructure on the rise coupled with streamlining of regulatory policies, we are enthusiastic about the fast-paced growth in the logistics market," Paul Graham, Chief Operating Officer of DHL's supply chain division for Asia told reporters at a news conference. "We want to keep ahead of growth. We want to be ready when our customers want to expand." Facebook Twitter Linkedin Email

The Delhi High Court Tuesday vacated its stay on Super Bazar, a cooperative society which operated the now-defunct shopping stores by the same name, from issuing notice to employees asking them not to report for duty. A division bench of Chief Justice D. Murugesan and Justice Rajiv Sahai Endlaw vacated the "ex parte interim stay" granted on Oct 9. The court refused to enter into the various controversies raised and left the same open to be urged by the respective parties before the judge who imposed the stay earlier. The court was hearing a plea filed by Writers and Publishers Ltd., a bidder who had shown interest in reviving Super Bazar, challenging the order that asked nearly 1,000 employees not to report for duty. The court Oct 5 stayed the decision of the company after trade union Super Bazar Karamchari Hiteshi Sangathan challenged the society's notice. Facebook Twitter Linkedin Email

DDFS uses globally-inspired promotion technique - exchange4media.com

Delhi Duty Free Stores (DDFS) recently completed a mega promotion for international shoppers at the New Delhi T3 Terminal retail. It was BMW's Mini Cooper that threw a Mini surprise over the last 60 days. Travellers who shopped at DDFS, for $50, got a chance to win the legendary Mini Cooper through a lucky draw. The campaign was conceptualised and implemented by Elephant Delhi--the branding partner to DDFS. This promotion was inspired by the format that is highly successful in world duty free stores such as Dubai and Heathrow, where the latest luxury cars are up for grabs. Facebook Twitter Linkedin Email

  Insight 
From Molecule To Consumer: Innovative New Solutions For CPG
ARC

The consumer packaged goods (CPG) industry is currently undergoing significant changes in response to a number of factors. How CPG industry participants respond to these challenges in the near term and into the next decade will largely determine their respective market shares, brand awareness, and bottom-line profits. While CPG companies are working diligently to respond to current regional and global economic conditions as well as to value conscious consumers, CPG market research indicates that significant demographic and economic shifts will dramatically reshape both the growth and decline of specific CPG market segments in the foreseeable future.

Facebook Twitter Linkedin Email
Indian Design- Next Generation Viveks (Premium) - View Free Sample
The fa ade design strategy was to give the brand very high visibility with a distinct architectural sign. Creating a new look for a new customer, leading consumer electronic brand Vivek's has redesigned its showroom in Bangalore to give a fresh, spacious and contemporary look that is meant to attract a younger audience. Designed by DFC, FRDC the new store concept appeals to the youth with its minimalistic and no-fuss environment. Established in 1965, Vivek Limited is one of the leading and trusted consumer electronics and home appliances retail chain in India serving millions of consumers. Recently it piloted a reimagined brand concept to appeal to a younger audience by revamping its Jayanagar store in Bangalore. The new 'GeneratioNext showroom' offered the best CDIT brands in an environment which is updated, uncluttered and interactive. Undergoing a complete makeover after 17 years, the Jayanagar showroom is now in its "new avatar". "What we did bear in mind while we were redesigning the showroom was the fact that we needed to attract the much younger consumer besides our target audience of families. Obviously therefore the brief furnished to FRDC was not to merely create a showroom of International standards but to also ensure that younger consumers would be elated in shopping at VIVEKS," says Vinay Bysani, VP- Projects and Marketing.

Mall Outlook 2012- What the veterans say (Premium) - View Free Sample
According to research conducted by Jones Lang Lasalle, the retail space in India witnessed an increase of 13.8 million sq.ft. last year as 34 malls became operational. By the end of this year, another 12 million sq.ft. of space is expected to be added to the modern retail sector. So what do the veterans say about how the retail real estate industry grew in 2011 and what the scenario will be next year? Most developers in India that Shopping Centre News spoke to felt that 2011 was a winning year for the retail real-estate sector in terms of growth in demand and supply of new retail spaces across various cities. The retail space saw an increase of about 14 million sq.ft. across India, led by NCR-Delhi (which added 4.0 million sq.ft.) and followed by Mumbai (which saw completion of about 3.5 million sq.ft.). This positive development happened after widespread distress in the sector during the years 2008, 2009 and 2010. High absorption of close to 10 million sq.ft. of retail space was forecast for 2011. Out of this, 7.1 million sq.ft. was already absorbed by the third quarter of 2011 and 1.1 million sq.ft. was pre-committed in malls which were scheduled to become operational during the fourth quarter 2011. Led initially by the tier-I cities, the retail real estate industry is now rapidly penetrating into tier II and III locations, and is poised to take the next giant leap in this decade.

Mall Marketing- Whats the catch for tenants (Premium) - View Free Sample
The events organised by the management of a mall inside the property cost a lot of money. It is therefore important that these do not merely increase the footfall for its own sake, but actually contribute to the increased sales of the tenants by driving traffic to their stores. Typically, when we talk of mall marketing, we talk about increasing the footfalls and prolonging customer visits. Mall managers focus on events such as fashion shows for women, concerts for teenagers, car shows for men, and cartoon-characterthemed events for children. These events, even when sponsored by companies like Pepsi or Coca-Cola, cost millions to put on. But they are essential because malls should be places where shoppers feel welcome even if they do not spend a single cent. In the long run, by fostering loyalty, these efforts pay off by creating customers for lifetime for a mall and its tenants. We have seen some fantastic community programs by malls such as Inorbit with its Aikya and Bodh initiatives and the Oberoi mall with its "Make a Wish" initiative, to name a couple, which have been hugely successful and attracted considerable footfall numbers. Marketing initiatives that are focused towards attracting more footfalls work at the time of the launch of a mall, or in case of a re-launch. The instance of the CentralWorld mall in Thailand, which was burnt down during the country's worst political unrest in 2010, is quite apt. When it re-opened after six months of renovation, one of its main objectives was to regain the footfall numbers that the mall enjoyed before closing down. It was critical for it to make its customers feel as much at home as they used to like in the earlier days.

India has always been pro-luxury- Dinaz Madhukar of DLF (Premium) - View Free Sample
The DLF Emporio mall in Delhi has become synonymous with high-end shopping in India. The property houses a number of global luxury brands and is perfectly complemented by the shopping-cum-entertainment mall, DLF Promenade, located right next to it. Dinaz Madhukar, who was earlier looking after DLF Emporio, has recently been appointed as the Vice President and Mall Head of DLF Promenade too. She talks about the future of luxury retail in India and her strategy to run two of the most popular malls in the country ... in an interview with Shopping Centre News.

You are in good company
See who else is reading this newsletter right now



Advertise with us

Industry Events
Fabrics & Accessories Trade Show - Bangalore - May 23

Womens World Expo - Chennai - May 23

Fabulous Me - Mumbai - Jun 2

Retail Technology Conclave - Mumbai - Jun 6

Fashionista Lifestyle and Fashion Exhibition - Coimbatore - Jun 7

Fashionista Lifestyle and Fashion Exhibition - Coimbatore - Jun 7

Fashionista Lifestyle and Fashion Exhibition - Coimbatore - Jun 7

Fashionista Lifestyle and Fashion Exhibition - Coimbatore - Jun 7




Submit an Event

  Jobs 
 

   Now Update your Profile and get personalized job listings here

Role Experience Location

Senior Designer- Trousers ( Raymond Premium Apparel),Raymond Limited 5-7 years Mumbai

Sourcing Manager- Trousers (Raymond Premium Apparel),Raymond Limited 8-10 years Mumbai

Head Design - Casual Look ( Raymond Premium Apparel),Raymond Limited 8-10 years Mumbai

General Manager SAP,Raymond Limited 15-17 years Thane

Senior Analyst,dunnhumby 3 years Gurgaon

Store Manager- Park Avenue,Raymond Limited 5 years Mumbai

Business Head Distribution Kids Wear 10+ years Gurgaon(Upto Rs 40 Lacs)

Sr Manager Legal,Target 6-8 years Bengaluru

Head Training Retail 5 years Mumbai (Rs.20-30 Lacs)

Asst Department Manager (Food) 3-5 years Big Bazaar, (Pune candidates only)

Asst Department Manager (Fashion) 3-5 years Big Bazaar, (Pune candidates only)

Project Manager,Flemingo International Limited 8+ years Mumbai

Store Manager- Park Avenue,Raymond Limited 5 years Pune/Ghaziabad/Mumbai

Area Sales Manager,Raymond Limited 2-3 years Delhi,Nagpur

Manager / Sr Manager Sales (retail - Deco & Home Furnishing) 6-11 yearsGurgaon
Category Head Retail - Food & Non Food 10-20 yearsDelhi/NCR
Head - Marketing - Premium Retail 8-12 yearsBengaluru/Bangalore
Retail Head 10-18 yearsDelhi
E-commerce Manager - Retail 6-11 yearsGurgaon
Area Manager (ahemdabad & Bhopal) Leading Retail Brand 6-11 yearsAhmedabad, Bhopal
Finance-retail 7-12 yearsMumbai
Director / Associate Director - Strategy & Benchmarking (cs) 10-15 yearsBengaluru/Bangalore
Regional Sales Manager North 7-12 yearsDelhi
Director/vp Marketing 10-20 yearsBengaluru/Bangalore
Manager - HR - Talent Acquisition 8-12 yearsMumbai
Technical Architect-web Browser 9-14 yearsBengaluru/Bangalore
General Manager - HR : Chennai 10-12 yearsChennai
Operations Head - Associate Director / Director 10-15 yearsBengaluru/Bangalore
Manager/sr Manager Sales Development (home and Hardline) 6-11 yearsGurgaon
Head - Merchandising ( Nike ) 11-18 yearsGurgaon
General Manager 10-15 yearsAhmedabad
Purchase Head - Urgent ! 8-13 yearsHyderabad / Secunderabad
HR Manager (UK Based Mnc) 6-11 yearsDelhi/NCR
Urgent Opening For Sr. Manager Business Development - Site Acquisition 8-13 yearsGurgaon
Commercial Manager 8-13 yearsChandigarh
Operations Manager 7-12 yearsAhmedabad
Head Category Marketing 10-20 yearsBengaluru/Bangalore
Logistics Manager 7-12 yearsGurgaon
Assistant Vice President 10-15 yearsMumbai
General Manager - Operation 10-15 yearsChennai
Head Finance - Chain of Health Care @ Mumbai 7-11 yearsMumbai
Corporate Sales Head - Leading Home Furnishing Organization at Gurgaon 10-15 yearsGurgaon
Manager Store Operations for Large Format/hyper Format - Gujrat 8-12 years surat or , ahmedabad
User Interface Architect With Html 5.0, JSP & Ecommerce exp for Fortun 8-13 yearsBengaluru/Bangalore
Merchandise Manager--gurgaon 8-12 yearsGurgaon
Head- IT Infrastructure 7-12 yearsGurgaon
Internal Auditor - Manager / Senior Manager 8-12 yearsMumbai
Sr. Manager /agm - Supply Chain 10-18 yearsGurgaon
Freelance Sales Health/nutrition 10-20 yearsAllahabad, Bhubaneshwar, Dhanbad, Guwahati, Jamshedpur, Kolkata, Lucknow, Patna, Varanasi
GM Finance 10-20 yearsMumbai
Commodity Manager 9-14 yearsBahrain
Freelance Sales Health/nutrition 10-20 yearsBengaluru/Bangalore, Chennai, Coimbatore, Ernakulam / Kochi/ Cochin, Madurai, Mangalore, Pondicherry, Vijayawada, Visakhapatnam
Freelance Sales Health/nutrition 10-20 yearsAmritsar, Bareilly, Bhopal, Dehradun, Delhi, Delhi/NCR, Hyderabad / Secunderabad, Ludhiana, Nagpur

More JobsEmployers! Post Jobs


TradeBriefs Publications are read by over 4,50,000 Industry Executives
India Business Brief  India Retail News  India Food Brief  India Telecom Brief  India Finance Brief  India Software Brief


About Us    Advertise    Archives
Privacy Policy