Retail

Share Prices

Sales and Market Share

Source: Euromonitor Report- Hypermarkets - India- June 2007

Source: Euromonitor Report- Supermarkets - India- June 2007

Trends, Marketing Initiatives and Others

63. Retailers Chant Wellness Mantra – February 08

Retailers launch wellness stores to tap the health and wellness trend in the country

Retailers are increasingly exploring the potential in the fast-spreading emphasis on health and wellness with more and more retail companies opening speciality retail stores in metros. In 2007, Mukesh Ambani’s Reliance Retail launched its first specialty wellness store in Hyderabad, which provides medicines, sports supplements, personal care and beauty products, cosmetics, opticals, OTC, health foods, and self-help medical and fitness equipment. In 2008, Reliance opened a store each in Bangalore and Mumbai. The company plans to open 150 stores in the next 15 months. Similarly, Himalaya Drugs also aims to expand its retail presence by opening some 300 stores by 2009. Dabur is also expected to roll out its health and beauty stores across the country. 

Source: DNA

64. Rel Retail To Sell Connected Homes Concept – February 11

Reliance Retail to launch ‘Connected Homes’ concept at its upcoming store in Gurgaon

Mukesh Ambani’s Reliance Retail has entered into an agreement with Microsoft to launch the ‘Connected Homes’ concept at its upcoming store in Gurgaon. This offers users the opportunity to connect their consumer durables at home, such as electronic and IT products, with their personal computer or laptops through Microsoft software such as Windows Vista and X Box, using wireless technology.

Source: Business Standard

65. Catalogue Retailing Is Picking Up Momentum, Slowly & Steadily – January 28

Catalogue retailing gains popularity in India

Catalogue retailing is gaining popularity in India. The retailer benefits from the format by saving on rental costs for big malls and store management costs, and having a wider reach.  Shoppers, on the other hand, can place the order over the phone with the payment made online. Globally, catalogue retailing is a much developed platform, preceding even Internet shopping. In India, HyperCITY, the K. Raheja Group-promoted hypermarket chain, is promoting the idea with five of its stores operating in Thane. Croma of Infiniti Retail Ltd is considering a similar alternative and has been offering catalogues to consumers since April 2007, informing them of the on-going promotions and discounts in the store.

Source: DNA

66. Landmark Group Launches First ‘Oasis Centre’ In India – January 31

Landmark Group launches the ‘Oasis Centre’ in India

On 31 January 2008, Landmark Group, a provider of real estate services, launched the Oasis Centre in India at Bangalore. It combines four levels of international shopping experience (Lifestyle and SPAR), including international brands, fine dining (Polynation) and an entertainment zone (Fun City). The company is planning to set up a total of 35 Lifestyle stores and 15 Home Centre stores in the next three years in India.

Source: Businesswire India