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Retail 2.0 - The next wave
An example that comes to mind is the sudden shutdown of the 1,600-store strong chain Subhiksha, once promoted as India’s largest supermarket chain. The chain never solved operational problems in its early stages, and its investors were too new to the industry to add value by bringing expertise to the table...
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Hot and Hungry
Sharing insights on the mindset of Indian consumers, Ireena Vittal, principal, McKinsey & Co stated it very clearly that considering the current situation, food will remain the single largest spending category between now and 2025; per capita spend on food is set to double driven by the huge consumer base of 206 million households...
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What’s your design?
As the well-known architect Charles Eames put it, “Design is a plan for arranging elements in such away as best to accomplish aparticular purpose.” And retail, simply, is the sum total of various elements to boost consumption. Unfortunately For a few Retailers in India, retailing is still defined by the number of outlets...
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Health is, indeed, Wealth
With a vision to change the healthcare and pharmacy retail scenario in eastern India, The Kolkata-based Rs.2,000-crore FMCGgiant Emami ventured into pharmacy retail almost 10 years ago with FrankRoss. Today, with 30 outlets in varied formats, the retail chain is certainly one ofthe major players in the category...
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