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| Vol. 1 Issue 2 – Oct. 2006 In this Issue
The Indian consumer has come a long way from his early penchant for austerity. The retailers are not complaining. Here is a look at the new players in the lifestyle and luxury space.
 Titan increasing its concept stores
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The focus this month is on trends and strategies that are likely to shape the retail landscape of the future. Be it Carrefour’s cash and carry format or Pantaloon’s fashion at factory prices or even that of organized retailers going the kirana way offering home delivery and even credit – yes, some of the big players are considering credit as an option. Most of them are also exploring the online retailing area. The celebration of the customer is no longer silent – it is as loud, colorful and visible as the festive season in India. This month also reiterated the continued entry of new international players like Carrefour. What it did not chalk up as a milestone is the opening of Reliance Retail’s first outlet. The D-day is shifted to mid-October according to reports. For those waiting with bated breath, hold on just a little longer. For the rest of the retail industry, it is business as usual!
New Entrants...
Big Players Plans at a Glance...
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Trends and Strategies...
Lower Interest Rates and Weak Gold Prices Lead to Festive Shopping Fever Diwali time in India, is what Christmas is to the west. Retail spending is normally at a high. Diwali, the festival of lights, falls on October 20th this year and this report captures the pulse. Consumers have a lot to celebrate this festive season. The usual sale and price offs from every kind of retailer selling apparel, jewellery, consumer electronics and automobiles, are on, as is every year. In addition, to make festive spending easier on the wallet, several banks have dropped interest rates on consumer loans.
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Chillibreeze Team
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