Posts

Showing posts from June, 2007

Indian Retail Data

Image
Ø India tops the annual list of most attractive countries for international retail expansion, according to AT Kearney's Global Retail Development Index 2006 Ø The $270-billion Indian retail market is growing at the rate of 13 per cent – and the organised segment grew nearly 48 per cent in 2006 at prevailing prices Ø Projected growth rate for the organised segment is about 40 per cent for year 2007 – and with major global players and Indian corporate houses entering the fray, this growth is likely to touch 45 per cent per annum over the next three years Ø Ø At 2003-04 constant prices, the size of the organised retail market is expected to be in excess of Rs 200,000 crore ($45 billion) by year 2010, which will make its contribution to total retail sales about 15 per cent. Currently, only 4.6 per cent of the market is organised Ø For organised players, the gaps of unused opportunities are glaring. The table below illustrates this point: Ø Food and grocery retail is by far the single l

Shoppers stop, Lifestyle ...vs standalone brand stores

Image
The lifestyle retailing space dominated by Shoppers , lifestyle , and the globus off the world has already seen some heat being faced , by them ,with the catchment radius shrinking by the day , added to the fact that there is a growing lethargy to drive far to reach out to shop , the biggies were facing the heat , now to compound problems powerful brands have spun off in a big way on their own ! or about to be launched all over , some examples would be brands like Levis , lee , reebok etc whats happening is that these MNC with money to spend have suddenly realised that there is a market in for them everywhere even in B,C class towns ,so you could now buy an excellent pair of Levis at Calicut ,with the same kind off ambience + experience , and not have to wait for the earlier trip to a bigger city to lay your hand on a pair off Levis ,which you would have bought from say a shoppers stop !!, so catchment is shrinking from this angle too ! Brands have also realised though painful intiall