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Retail Industry
Retail and real estate are the two booming sectors of India in the present times. The prospects of both the sectors are mutually dependent on each other. Retail has presently emerged as one of the most dynamic and fast paced industries of our times with several players entering the market.
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Retail Industry sales up 2.5% for 2010. This attractive emerging market for investors has huge prospects for creative young minds. So, go for it and make your mark in the industry!
Key Players in Indian Retail Sector
Aditya Birla Group
Aditya Birla Retail Limited is a part of the Aditya Birla Group. It offers products such as fruits, vegetables, grocery, frozen food, bakery, homecare, personal care and pharmacy. It also provides FMCG products and house brands.
Aditya Birla Retail Limited has acquired Trinethra to assist it in creating a retail stronghold in South India. With its own chain of stores, Trinthera will enable the company to expand its operations all over the country.
It has a strong presence in apparel retail and owns renowned brands like Allen Solly, Louis Phillipe, Trouser Town, Van Heusen and Peter England. The company has investment plans to the tune of Rs. 8000 – 9000 crores till 2010.
The $24 billion diversified Aditya Birla Group has jumped into retail business. The company unveiled the brand name under which the Group's retail business will operate —"MORE.". They have come up with the first supermarkets under the “MORE” that will open shortly in Pune and then quickly expand to other major cities in India.
For more information , please visit: www.adityabirla.com
Trent
Trent Limited is a subsidiary of the Tata group. Trent is a retail operations company that owns and manages a number of retail chains in India. Established in 1998, Trent runs lifestyle chain Westside, one of India’s largest and fastest growing chain of lifestyle retail stores, Star Bazaar, a hypermarket chain, Landmark, a books and music chain, and Fashion Yatra, a complete family fashion store.
It deals in diverse areas of business that comprise Westside, Star Bazaar, Landmark and Fashion Yatra.
With a number of stores across India, Westside offers clothes, footwear and accessories for men, women and children, along with furnishings, artifacts and a range of home accessories. The hypermarket chain of Star Bazaar offers a wide choice of products, including staple foods, beverages, health and beauty products, vegetables, fruits, dairy and non-vegetarian products.
For more information, please visit: www.tata.com
Landmark
Landmark is a leader in the books and music category, this chain has a range of over 100,000 titles in books and music, and also stocks movies, toys, gift items and stationery. The stores of Fashion Yatra bring quality fashion at low prices to value conscious customers in towns across India.
The Tata Group's retail chain, Westside, is expected to register a turnover of around Rs. 30 crores from its franchisee stores across 37 Tier-II and III cities over the next five-year period.
Moreover, the retail giant based in Britain has now tied up with Tata group's Trent. Tesco will enter into the cash and carry business through a 100 per cent arm. It will invest 5 million in the first two years. Tesco's wholesale arm would supply the merchandise to Star Bazaar, a hypermarket operated by Trent. Henceforth, Trent will be the exclusive franchisee for Tesco.
For more information and details, you can visit: www.landmarkretailgroup.com
K Raheja Corp Group
K Raheja Corp are the pioneers in organized retail by taking a first giant step to successfully establish a retail store know as "Shopper's Stop". The K. Raheja Corp. Group is recognized as one of India's biggest retail houses. The group’s flagship brand Shopper’s Stop is spread across the country and has more than 10 branches.
The group is expanding its retail chains across the country on the back of the vast experience it gathered from feedbacks and keen observance of people's taste keeping in tune with its culture, customs, traditions and income.
Crossword, Inorbit Mall & Hyper City have set new bench marks on the basis of information and adaptation of worldwide changes, innovations and new techniques in retailing practices.
It has a turnover of Rs 6.75 billion which is expected to cross US$100 million mark by 2010. Segments include books, music and gifts, apparel, entertainment etc.
K Raheja Corp has entered into an exclusive franchise agreement with Servcorp, global leaders and pioneers of the fully functional serviced offices and virtual offices’ business, to establish a presence in the fully serviced offices business in India.
Mr Chandru L Raheja, Chairman, K Raheja Corp, said “We feel happy to be associated with Servcorp. They are one of the global leaders in the serviced offices and virtual offices business and have a proven track record in the markets worldwide. Servcorp will strengthen the Group’s objective of providing an end-to-end business logistic support to our clients in India. And further grow our breadth in the Realty and Consumer business.”
For more detailed information, you can visit: www.krahejacorp.com
Reliance
Reliance Fresh falls under Reliance Industries. It is the first retail venture of the Group. The company offers fresh fruits and vegetables, staples, groceries, fresh juice bars, FMCG products and dairy products and non-vegetarian items. Reliance Industries has invested nearly Rs. 3,000 crores to expand the Reliance Fresh stores. Reliance Fresh directly buys stock from the farmers to cut down on the wastage. The stores work on The Ranger Format which means selling of fresh vegetables to the road sellers. Reliance Retail has signed a pact with Apple for the establishment of a chain of Apple Specialty Stores branded as iStore, starting with Bangalore.
There are more than 300 Reliance Fresh stores having multiple formats. Their sale is expected to be Rs 90,000 crores ($20 billion) by 2009-10.
For more information, please visit: www.reliancefresh.info
Pantaloon Retail
Pantaloon Retail (India) Limited, is India’s leading retailer that operates multiple retail formats in both the value and lifestyle segment of the Indian consumer market. The company operates over 16 million square feet of retail space, has over 1000 stores across 73 cities in India and employs over 30,000 people.
The company’s leading formats include Pantaloons, a chain of fashion outlets; Big Bazaar, a uniquely Indian hypermarket chain; Food Bazaar, a supermarket chain that blends the look, touch and feel of Indian bazaars with aspects of modern retail like choice, convenience and quality and Central, a chain of seamless destination malls. Some of its other formats include Brand Factory, Blue Sky, aLL, Top 10 and Star and Sitara.
The company operates 120 Big Bazaar stores, 170 Food Bazaar stores, among other formats, in over 70 cities across the country, covering an operational retail space of over 6 million square feet. It has 450 stores across the country and generates revenue of over Rs. 20 billion. It is expected to touch 30 million by 2010. The company also operates an online portal, futurebazaar.com.
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