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| Reliance sets
another retail milestone |
Multibrand
car service stations, each built over an acre in mall premises,
is what the country will see within one or one-and-a-half years'
time. The Rs 65,000-crore Reliance is all set to carry out this
retail venture. For the past six months, a team of professional
executives has been working on the details (including standard
of spares and quality levels). Automobile service and support
sector is a business of high return with margins as high as
200-300 per cent. In India, this service is, so far, split up
into authorised dealers and unauthorised service stations. Reliance
group's USP (service stations) will provide quality services
at lower price than do authorised dealers for all models of
cars. Conceptually, UPS service station is a format practised
in developed countries where, your car gets washed or serviced
while you shop or watch a movie.
Ongoing retail projects are an addition to or extension of existing
retail venture of Reliance, which comprises hypermarkets, supermarkets,
convenience stores and malls. |
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| Reliance Retail-Bharti
venture to have communication network |
The Rs 250
billion telecom deal that Reliance Retail signed with Bharti
Airtel is a venture in mobile and enterprise communication services.
A network of 8,000 stores will provide service that include
mobile, broadband and leased line services. The plan foresees
the network spread across 784 cities and 6,000 towns in the
country and expects revenues of over Rs 1,00,000 crore by 2011.
The company is also planning to use its pan-India Wimax network
(for back-end communication needs) to meet the demands of its
retail venture in the long run. To obtain spectrum and lay out
of the network, the company plans to invest about $750 million.
Reliance Retail has already announced that it would be looking
at a GSM-Wimax roll out for its mobile and enterprise communication
needs. |
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| Fabicity in
retail space with Aditya Birla stake |
| Trinethra Super
Retail Ltd., Andhra-based food and grocery chain retail chain
is presently working on setting up hypermarkets branded as Fabicity
in several cities and towns: Banglore, Coimbatore, Chennai,
and in a few tier-two towns of south India. The first of the
Fabicity hypermarket in Mysore will be a 50,000-sq.ft retail
facility, stocking a range of products for sale under various
categories, including, food, grocery, apparel, cosmetics, consumer
electronics, home appliances and home products. The retail venture
will cost Rs 40,000 crore to Aditya Birla Group which took over
the majority stake (around 90 per cent) of Trinethra Super Retail
Ltd. Prior to takeover of the chain by the Aditya Birla group,
the retail chain had drawn up plans to have about 230 stores
by March 2007 in southern India, under Trinethra and Fabmall
brands comprising; 103 stores in Andhra, 56 Fabmall stores in
Karnataka, 43 Fabmall stores in Tamilnadu and 26 stores in Kerala.
Trinethra is expected to achieve a turnover of Rs 360 crore
by March, 2007. |
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| S Kumars set
to increase outlets 10 times in 3 years |
S Kumars Nationwide
(SKNL), the textile and apparel major, is gearing up to strengthen
its retail presence by scaling up its retail business into a
new strategic business unit and list the same on the exchanges
within a quarter.
Within the next three years, the company plans to expand its
current retail network from about 90 stores to 1,000 exclusive
stores. The company is also negotiating with many international
brands so as to exclusively introduce them in India.
Of the four international brands planned for this year, SKNL
wants to launch two by September, 2007. The company is launching
in near future Stephens Brother, a formal wear brand in the
super premium segment. Besides, Stephens Brother, SKNL will
also set up outlets for two new international brands - Escada
and Dunhill.SKNL will focus on fashion and accessory retailing
and mostly deal with luxury, high-end super brands in the country. |
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| Nike to add 100
single brand stores |
World's no.1
shoemaker, Nike is expanding its single brand stores in India.
The decision was announced when Nike's Ronaldinho signature
collection was launched in India. The expansion project plans
to increase the number of its single brand stores from 100 to
200 within the current year. Nike's commendable retail initiative
is likely to be copied by other shoemakers in near future. Ronaldinho
signature collection presents fine collection of sport shoes
including apparel for both off and on ground within the price
range of Rs 3,990 to Rs 8,900.
The US-based shoemaker, Nike is known worldwide for its specialized
products: designer sport shoes, apparel and equipment. The 43
years old company is worth $15 billion and has a workforce as
strong as 7.18 lakh of which 28,000 are direct workers and 6.90
lakh as indirect workers. Manufacturing facilities of Nike is
spread all over the world. |
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| ASW to enter
India through health & beauty retail format |
ASW plans to
foray into India through health and beauty specialist Watson's
'Your Personal Store', retail format. This, of course, will
be subject to policy changes in the retail sector as ASW would
like to enter the country only when majority stake in multi-brand
retail is allowed by the government.
Established in 1828, the US-based $12 billion worth ASWatson
is a leading international retailer with 7,600 retail stores
in 37 markets and 98,000 employees worldwide. ASW's worldwide
operations comprise health & beauty, luxury perfumeries
& cosmetics, food, electronics, fine wine and airport retail
arms. ASW is also an established player in the beverage industry,
providing a comprehensive range of beverages from bottled water,
fruit juices, soft drinks and tea products to the world's finest
wine labels via its international wine wholesaler and distributor.
The ASW portfolio encompasses some of Asia's favourite brands
and retail chains. These include health & beauty specialist
Watsons Your Personal Store, PARKnSHOP supermarket, Great Food
Hall, TASTE food galleria, Gourmet boutique style fine food
hall, Fortress electrical appliance stores, Watson's Wine Cellar,
Watsons Water and Nuance-Watson airport duty free shops. |
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Features: |
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Interviews: |
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| Luxury Sector |
|
Real Estate |
 EMPHASIS ON DESIGN, UNIQUE SOLUTIONS
Mr I S Narula,
President and
CEO, Ishanya
in an interview with Retailer
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|
 PIONEERS IN ORGANISED RETAIL
Mr Ram Chandra Aggarwal,
Chairman and Managing Director,
Vishal Mega Mart,
shares the growth of
his professional career and the
success of Vishal Mega Mart, in an interview with Retailer |
| ...more |
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...more
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| Support |
|
Mall Owner |
 SINGLE WINDOW SOLUTION PROVIDER
Mr Sanjay Shaw
Associate
Vice President,
POS and retail
infrastructure division,
HCL,
talks about the origin, growth
and success of HCL, in a
one-to-one interview with Retailer |
|
 TECH SOLUTIONS, SERVICES AND PROMOTION
Mr Ajai Baijal
President and Chief Executive
(consumer durables, IT & telecom),
Reliance Retail Ltd., elaborates on the
newly launched Reliance
Digital outlets, in an interview with the Retailer
|
| ...more |
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...more |
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