Category Archives: Indian Retail Industry

Indian Retail Industry Coverage

Subhiksha Story – Anatomy of Bust

Subhiksha Story – Anatomy of Bust

Subhiksha – started in 1997 was only 150 stores company till 2006 – and suddenly grew to 1,600 stores by 2008. The rapid expansion brought in revenues, but over-confidence blinded the company and we all know where it stands today … Read More »

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Rent clothes from Big Bazaar.. Will it Fly?

Rent clothes from Big Bazaar.. Will it Fly?

Even though consumer spending is heading south, aspirations are not! Big Bazaar, in an attempt to redefine experience (and consumption) is mulling over an idea of renting clothes for occasion wear and sell second-hand clothes. The initiative (details not yet … Read More »

   

The Future of Book Retailing in India

The Future of Book Retailing in India

[Abhaya Agarwal, co-founder of Pothi shares his perspective on future of book retailing in India. Do share your comment/opinion.] It has been long since e-commerce made its debut in India but it is still to catch on in a major … Read More »

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Shubiksha closes 90 Retail Stores

Recession is hitting the retail industry quite badly and Shubiksha has announced that it has closed 90 stores in the last 1 month. “We were paying huge rentals

   

Peepul Capital’s 100 Crore Investments in UniverCell, and Understanding Branded Retail Outlet Dynamics

Peepul Capital's 100 Crore Investments in UniverCell, and Understanding Branded Retail Outlet Dynamics

Image via Wikipedia UniverCell has announced that it received Rs. 100 crore investment (in four tranches since 2007) from Peepul Capital (earlier iLabs Venture), and the money is being used for expansion : 167 stores now to 300 by March, … Read More »

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How can Small Retailers compete with Biggies? Launch a Chain?

How can Small Retailers compete with Biggies? Launch a Chain?

Small retailers are losing out to the larger retail outlets (Reliance, More, Subhiksha etc) and TN govt. is working on an interesting project in the city of Madurai. The Tamil Nadu Chamber of Commerce and Industry (TCCI) is working with … Read More »

   

Premji buys 10% stake in Subhiksha

Premji buys 10% stake in Subhiksha

Ajim Premji has bought 10% stake in Subhiksha for Rs. 230 crores. Subhiksha was planning an IPO to raise Rs. 350 crores earlier, but given the current market situation decided to raise money from investors (wondering why Premji and not … Read More »

   

Subhiksha’s License in Maharashtra Suspended

Subhiksha’s License in Maharashtra Suspended

Subhiksha, the retail chain outlet’s license in Maharashtra has been suspended over hygienic issues in it’s warehouse. While Subhiksha will appeal to the Maharashtra High court and has blamed the rivals for manipulating the case: As everyone is aware we … Read More »

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Top 20 Indian Cities that accounts for 1/3rd of Disposable Income

20 Indian cities account for 10% of India’s population, but generates 31% of disposable income! A study by Roopa Purushothaman and Rajesh Shukla (co-authored Goldman Sachs’ famous BRIC report) has conducted a study (on behalf of Kishore Biyani’s Future Capital … Read More »

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