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Big back in fashion for retailers19-NOV-09
Small is no longer beautiful for retailers. With customers returning to the shops, almost all retailers are now focusing on large format stores (15,000 to 20,000 sq ft or above) that allow them to sell a larger number of items and trigger higher consumer spending compared to the smaller, convenience formats where it’s becoming increasingly difficult to make money.
Big retailers resume trips to India for sourcing18-NOV-09
The world’s big retailers are coming back to India to source goods, but it will be a while before Indian suppliers get back the pricing power they once enjoyed.
Retailers extract higher margins from FMCG firms06-NOV-09
Cash in on scale & clout by seeking higher payouts from suppliers.
Low rentals make mall developers, retailers opt for revenue sharing06-NOV-09
With slowdown seemingly slipping away from sight, an increasing number of mall developers and retailers are now opting for rental revenue sharing model. As vacancy levels and rentals continue to dip especially in the metros, developers are banking on this 'performance based sharing' scheme to make up for the damages.
Retailers make a comeback from the margins of crisis03-NOV-09
Powered by aggressive cost cutting and favourable terms from real estate developers, retailers have posted a healthy increase in operating profit margins (OPM).
Retailers expect brighter Diwali, see jump in sales16-OCT-09
Retailers are smiling again this Diwali, but not as widely as they did in the boom time of 2007. Some of the biggest retailers such as Future Group, Spencer's Retail and Bharti Retail, among others, say they expect 20-30 per cent increase in Diwali sales. Last year’s Diwali, when the global economy had skidded, it was just about 5-10 per cent.
It's discount season in jewellery mart09-OCT-09
Jewellery makers and gold retailers are pulling out all the stops to bring back customers. The sharp rise in gold prices has meant dwindling sales and so discount offers have gone through the roof.
Gold Rush boosts retailers' sales 30%01-OCT-09
The Great Indian Gold Rush, a month-long event organised by the World Gold Council (WGC), has received an overwhelming response despite the sky-high prices of the precious metal.
Retailers back in expansion mode as consumers return29-SEP-09
The retail king is back to what he does best: Expand. Future Group Chairman Kishore Biyani is planning to add two Big Bazaar stores every month and open 15 hypermarkets over the next six months.
Retailers boost supply chains, forecasting19-SEP-09
Food retailers say they are trying various techniques to cope with the Union government’s extension for a year of the rule on stock limits for rice, sugar, pulses and cooking oil.
Oil retailers: Living in hope16-SEP-09
How much share of the losses on auto fuels will be borne by oil marketing companies is uncertain.
PNGRB levies turnover tax on CNG, natural gas retailers07-SEP-09
In an unprecedented move, oil regulator PNGRB has levied a 'turnover' tax on the revenues companies will earn from retailing CNG and natural gas in cities, a move that the industry sees as exceeding its jurisdiction.
Retailers ride out the storm24-AUG-09
Future no longer tense as consumer confidence improves and firms emerge leaner and more efficient.
Food retailers take up to 50% hit on margins as prices shoot up17-AUG-09
Rapidly rising food prices is forcing food and grocery retailers to take a hit of up to 50 per cent on their margins in pulses and groceries.
Retailers come up with special promotions in run up to I-Day13-AUG-09
Independence day is serving as another spring-board for big retail chains to come up with special offers and product promotions to boost sales and increase footfall in their outlets.
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