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Strategy

“Groom your customers with enriching lifestyles”

Taking into consideration the upheavals of recent times, retail majors are focusing on fresh investment budgets to expand large format value retailing concept stores. Primarily because the Return on Investment (RoI) in the large ...

GSK to tie up with retailers to sell OTC products

FMCG firm GlaxoSmithKline Consumer Healthcare is looking for tie-ups with several big retail players, including Big Bazaar, to enhance its business of products which are used as medicines and sold without prescription, or over-the-counter products."Over-the-counter (OTC) as a category...

“While the US gives the world ‘supply chain management’, 7Eleven and Japan give ‘demand chain management’!”

NEC India Pvt Ltd, a joint venture between NEC Asia Pte Ltd and NEC Corporation Japan, was established in New Delhi, India in August 2006. Leveraging on NEC's unique capabilities in integrating IT and networking...

“India’s per capita biscuit consumption is only 2.1kg”

It has been fifteen years and Priyagold, the leading brand of biscuit manufacturing company Surya Food & Agro Ltd has managed to hold against the goliaths of the market and has nurtured its national aspiration,...

“Most retailers still use EDC terminals for credit payments”

Pine Labs, a leading retail technology provider in India, is home to a number of pathbreaking softwares for payment, loyalty, retail automation, prepaid solutions and VAS. Known for its point of sale services which are...

“We want to to be a Rs 10 billion company”

Lite Bite Foods was conceptualised with the idea of rolling out a pan-India chain of food and beverages services outlets under different formats and brands. The venture is jointly promoted by three entrepreneurs...

‘Flea market brings additional footfalls’

Flea Market. The term is new but the concept, certainly not. For a country like India where unity among diversity has been the USP for centuries, the idea of a flea market appears to be...

Zedds opens 2nd store in Hyderabad; targets 10 by Dec ’10

Fashion footwear brand Zedds has opened a new outlet in Jubilee Hills, Hyderabad. Spread over 1,500 square feet retail space, the newly launched store retails a wide range of footwear products for men and women and is the second...

GlaxoSmithKline to tap modern retail

With the modern trade route working wonders for its core health food drinks brands, FMCG firm GlaxoSmithKline Consumer Healthcare (GSKCH) now plans to give its over-the-counter (OTC) brands a similar push.For instance, two of GSKCH’s OTC products — Eno...

VISHAL MEANS ‘BIG’, LITERALLY

Timely decisions, defined strategy, and a futuristic approach, clubbed with an understanding of consumers' needs as also the ability to create one, are the qualities that mark out the best retail companies.From a nondescript 50 square feet shop to...
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Latest News

Indian consumers prefer ‘offers’ faster online than offline: Report

The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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