RETAILoring !
the great 2007 buoyancy in retail which had seen a mad rush in the retail industry to sign properties , more stores was considered better , every new mall envisaged interest and signing , me too business models was ok , but all this heating up and the crisis in 2008 ,high inflation and a corresponding dip in customer purchases had to have its own hit in the market , and .. ... the past 6 to 9 months has seen the falling of some known names in the retail segment like Vishal retail ( change of ownership ) , koutons ( bifr ) , others must be surviving, but constantly in the lookout of business model changes or stores pruning etc .. In the sense Retailoring themselves ! Mass /semi premium retail business is a low margin and high traffic model , there is a constant struggle for balancing the margin mix and generating traffic ( walkins ) if both fail then the writing is on the wall sooner or later .. some of the steps for retailoring that one cud undertake are the following : i ) increas...