retail sector

Retail Sector

“Retailers go slow on expansion, shift focus

on profitability”

“Average space addition in 2014-15 will be in the range of 10-11% slower then the 13% estimated for 2013-14”.

“Consumer sentiment to remain subdued in 2014-15”.

“Revenue of retailers growing 8-10% in 2014-15,down from an estimated 14% in 2012-13 and 18.6% in the first half of the current fiscal years”.

“India economy expended by 4.8%.”

Retailers and manufactures want same level of business…

MD/CM – Mr. Arvind Singhal

The first multibrand retailers to apply to the Foreign Investment Promotion Board (FIPB) for investing $110 million in retail in India. (JV)

MD- Mr. Govind Shrikhande

TATATata Group has being expanding its JV’s rapidly.

• Zara - 2009• Starbucks -

2012

American company

Revenue- $13.29billion

More than 17,000 locationin over 50 countries.

Starbucks entered in Indian market on October 2012 in a JV with Tata Global Beverages Ltd. With 25 Stores.

Zara entered in India in 2009 in JV with Trent.

It become the one of the fastest growing fashion brand in India.

Revenue – Rs 405 crore.

TODAY’S THOUGHT