Featured content

5 things that the Organized retailers can learn from Kirana and vice-versa

It's a world of cut throat competition and more of often than not it results in a very narrow view of the world for most of the companies. As the objective is focused on beating the competitors, benchmarking studies starts replacing consumer studies. The situation worsen if your view of competition is limited to only company X or Y. 

Talking about retail, why can't the retail biggies learn something from the Kirana format? In fact the stores that have learnt a few things(like Big Bazaar) are a lot more successful than the copy-paste versions of western formats.

Shrinkage in retail, a comprehensive update - Part2

Shrinkage levels in india at 3%, seriously? Perhaps yes, but the culprit is not the average consumer. For one the art of shoplifting has not achieved the status and maturity of western world, moreover in most of the stores, systems are designed by assuming that the customer is there to steal something (like checking the bags, bag deposits, frisking etc).  But if we take the data as given, what are the ways to stop this menace?

Shrinkage in retail, a comprehensive update - Part1

Do you know the link between baby formula, Levi’s jeans and Gillette razors?

Globally, these three are the most popular targets of retail theft :)

Such retail thefts are part of Shrinkage. Shrinkage in retail context is basically the difference between book stock and actual stock. It can also be defined as :

THE GRAND BRAND PARADOX

hello.me being a normal middle class college going student is seriously a victim of this grand brand paradox.the question is what is this GRAND BRAND PARADOX?

Impact of economic slowdown on retail scenario

Compare the exuberance that existed in the retail sector one year ago to the extreme cautiousness of the present date.

CCD, Barista, Java Green, Café-Mocha: Location or positioning? what is more important in coffee business

Traditionally, India has been a tea loving country. We have invented several variants and name for the same like cutting, ginger, masaala,  elaichi, special, ‘malai maar ke’, chaah, chaiya :) etc. every small tea shop has a distinct(yet varying) flavor to offer and the price has been kept sub 5 Rs till date.

But coffee which was relegated to the second place and was even geographically limited to certain southern states found its tracks in late 90s, thanks to the booming economy, cable TV(remember central park in friends), youth’s aspiration of global experience, expatriates, IT, BPO..all these put together helped in creating a perfect launch pad for the organized coffee retailing in India. 

Impact of organized retailing on our economy

While there is a lot of debate going on the impact of organized retailing on unorganized sector, there is little we know of how it will impact our economy in general.

Glossary of retail terms

Hey, this is just to draw your attention to the fact that we have added a new and our own 'RetailRise Glossary', you can access the same by clicking at Retail Glossary or through the main menu

Indian Retail at crossroad: Organized vs. Unorganized Retail (Part I)

India is currently the twelfth largest consumer market in the world. According to a study by McKinsey Global Institute, India is likely to join the premier league of the world’s consumer markets by 2025, improving its position to the fifth.
But this growth is not going to happen is smooth way. Any change always comes up with some friction, and Indian retail sector is and will be witnessing the same friction.

Organized retailer’s big advantage over small stores- Loss leader strategy

Before going to explain first part of article title which is “organized retailer’s big….”, it’s perhaps good to start with explaining what is loss leader strategy, then move to first part.

A loss leader is a product sold at a low price (at cost or below cost) to attract customer, so that along with this product, customers also picks many other profitable items. For Example, retailers of your city

Syndicate content