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Building strong retail brands in a downturn

The current slowdown in the macro economic environment has cast its shadow over retail as well, and with consumers increasingly becoming, what I call the three D’s – Discretionary (buying less) , Discerning (choosy) and Demanding (bargain hunting) –...

Starbucks to enter value zone

Gourmet coffee chain Starbucks plans to unveil plans for its first value menu. According to media reports, the menu worth USD 3.95 will offer a latte with coffee cake or drip coffee with hot sandwich.Starbucks value menu — food...

Coffeehouse chain Starbucks expects $200 mn cost savings

International coffeehouse chain, Starbucks stores sales has deteriorated by nine per cent in the US since the company’s first fiscal quarter that began at the end of September, said a top company official."We were not immune to the deepening...

Coffeehouse chain Starbucks expects $200 mn cost saving

International coffeehouse chain, Starbucks stores sales has deteriorated by nine per cent in the US since the company’s first fiscal quarter that began at the end of September, said a top company official."We were not immune to the deepening...

Provoking the cult of coffee consumption

Barista heralded the concept of ‘out-of-home premium coffee consumption’ in outlets with an ‘attitude’. However, a lot of retail coffee has flown down the throat of Indian coffee lovers, since Barista made its foray in 2000.The Rs 500-crore premium...

Kroger switches to hormone-free milk

Kroger, one of the largest retail grocery chains in the United States, plans to switch to milk free of synthetic hormones.The announcement from Kroger is another blow to suburban St Louis-based Monsanto Company, which already had been reducing inventory...

Starbucks revises application for India entry

US-based coffee retail giant Starbucks has filed a revised application with the Foreign Investment Promotion Board (FIPB) for its India entry. About three months earlier, FIPB had rejected Starbucks’ previous application to open single-brand retail stores in India, reportedly...

Starbucks opens second innings

Starbucks, world’s leading coffee retail chain, has submitted a revised application to the Foreign Investment Promotion Board (FIPB), for entering India. Previous attempt by the company to enter India was stalled by FIPB. The company, in the new application...

Nutritious Beverage – new products by PespiCo India

PepsiCo India is going to launch nutritious beverage in next three years. To avoid being bitten by the pesticide bug once again, the company has set up a nutrition advisory board, which includes medical and nutrients experts. Pepsi is...

Starbucks targets Russia through Kuwaiti retailer

Russian economy has come a long way and is in its ninth consecutive year of growth. Eyeing this opportunity US based coffee-shop chain Starbucks Corp. has planned to enter Russia through M.H. Alshaya Co., a Kuwaiti retailer. The company...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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