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| Vol. 1 Issue 3 – Nov. 2006 In this Issue
The opening of the Reliance store has triggered a fresh round of talks at the government level to allow global biggies like Wal-Mart and K-Mart entry to the “priority 1” market!
Action in a generally subdued category…several big players announced expansion plans, even as the virtual publishing industry thrives. At Chillibreeze, we booklovers rejoice, “More power to the written word!”
We continue inching forward; always learning more about the sector that has India interested and excited. Our Retail Newsletter, is being downloaded nearly through the month…more importantly, we have an increasing number of readers posting a query on our site India Reports (www.india-reports.com). This is feedback of another kind; it keeps us on the roll, thinking and analyzing as we answer these queries, and prepares us to move on to the next level with new reports and analysis. Send your suggestions: How do we become the preferred newsletter in the Retail space? Write to us:
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The Retail world revolved around Reliance unveiling its first store at Hyderabad. By all accounts it’s a resounding success, and an auspicious start for multi-format, organized food retail. That is good news! But even better news is the fact that it does not spell doom for everyone else. We reckon that the opening of these biggies will probably affect stores close by or within a certain radius, purely because the housewife is not likely to walk a significant distance (yes, consumer India bought a lot of cars, but pulling the car out for provisions is still considered a luxury for most) for replenishments. The battle we believe will move to elements of the value chain like location and customer service. With players like Reliance, Future Group and Bharti bringing their plans to fruition, Wal-Mart has stepped up efforts to enter India. And why not? After all, India boasts of the fastest growing retail sector in the world (ranking above Russia). International retailers have classified it as ‘Priority 1’ market. Lest we get lost in our urban world of malls, a quick recap - our “nation of shopkeepers” has over 12 mn retail outlets, of which over 80% are small family businesses, often run by family members.
Big Players...
Unique Formats...
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General Plans and Industry information...
Innovations/Collaborations...
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Chillibreeze Team
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