Showing posts with label retail. Show all posts
Showing posts with label retail. Show all posts

Wednesday, April 02, 2008

Effect of Increase in Organised Retail

Subhiksha, Reliance Retail, Foodland, BigBazar,More,Hypercity and etc... I think most of us have heard all this names. ....................Then there is this common question Do this big organized retailers effect the local Kirana stores(Mom and Pop stores).

They are saying that retail is booming these days..... To be precise organized retail is booming these days........
But every retailer be it Subhiksa,Reliance, Birla, Bharti, Future, Rahejas to name a few are following different strategy for their outlet......... Some are using Big Box stores while some are using Small Box stores.................
Stores like More and Subhiksha uses small real estate to setup their stores.......... Even inside they use all the space efefctively to display their items............. No lavishness is used................... Even the employees are not much as compared to Reliance,BiBazar and Hypercity..................They have less cash counters...........

My point here is, we always debated that stores like Wal-mart will not effect small kirana stores since they will be located at the outskirts of the city............Also stores like Bigbazar cannit be setup in residence areas, they have to be setup at some Malls or independently where they have huge space away from residential areas..............But as more and more small box are coming up, the threat for Kirana stores is more.

Take for example our area, earleir ppl used to buy from the Kirana stores which 2 minutes walk away....... Some Gujarati families even bought from distant shops, which they have relations since years........They just booked some items, on monthly or fortnightly basis, and the delivery was done within a day..............But now we have two near by small box organized retail store being set up..............I have seen ppl really switching to these stores..........Since they are small stores they can be set up in a society where other shops are there............Probably they can combine two shops for their stores..............

So we have to just wait and watch to really see the effect of organized retail, as it has already has enterd our or our parents lives

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Tuesday, March 04, 2008

Tuesday : Site of the Week : IBEF

Heard about Indian brand. Yes certainly everyone has. For that matter we are living the Brand itself.

But how successful it is we never know. But they say currently India has became a brand in Telecom, IT and Retail.

It is even said that in US and UK if you say IT they see India. Such a reach has been there.

Certainly till date there is no organization which measures the brand equity of a country. But yes we have a site that caters to all the facts and figures necessary to promote India as a brand and at least to make us proud

To promote India as probably the :
"Fastest Growing Free Market Democracy"

IBEF is a public-private partnership between the Ministry of Commerce and Industry, Government of India, and the Confederation of Indian Industry. IBEF aims to effectively present the India business perspective and leverage business partnerships in a globalising market-place.

India, today, is well established as a credible business partner, preferred investment destination, rapidly growing market, provider of quality services and manufactured products; and, stands on the threshold of years of unprecedented growth.

India’s Talent, Markets, Growth and Opportunity drive Brand India.

IBEF is a resource centre for global investors, international policy-makers and world media seeking updated, accurate and comprehensive information on the Indian economy, states and sectors. IBEF regularly tracks government announcements in policy, foreign investment, macroeconomic indicators and business trends.

The site is: IBEF

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Thursday, September 20, 2007

for retail aspirants

The future: A career in retail

Retailing which has come to be accepted as a byword for reselling, can best be described as the tail of any sale process aimed at bringing goods and services directly to the final consumer for his personal, non-commercial use.
I tend to call it so for, retailing constitutes the last link of a long chain which brings goods and services to the doorstep of consumer after being tossed around from one hand to another. It results in consumption of goods or services, the sale or the lack of it and it determines the state of any economy. In this case, the thumb rule of economics is crystal clear: more the consumption, more the production, higher the gross domestic product (GDP) and better the standard of living of populace of a country. This clearly indicates that there is a dire need to give the largely unorganised retail sector in India, an organised thrust.

more on: indianretailer

references : http://siescoms.wordpress.com

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