Ashish Bogawat's Profile

new plastic products

Organised retail is a nascent sector in India, accounting for 2-3 per cent of total retail trade in 2003-04. However, it has been growing at a rate of 25-30 per cent over the past few years. The sector has tremendous scope for growth provided key issues related to Foreign Direct Investment and real estate availability are addressed.

fter its successful foray into the retail segment in the West through its hyper market chain Star Bazaar, the Tata Group managed Trent Ltd. will gain a foothold in South by opening its first outlet in the city tomorrow.

Big plans for private label for hard goods have been shelved by major retailers. This is because fierce competition by branded players (LG, Videcon, Samsung) have squeezed margins so much that there is little to benefit by private labeling.

The well known issues of high real estate costs, lack of infrastructure & trained manpower, political beligerance, etc would definitely be daunting. But what is poignant is that, barring a handful, most new entrants in the industry are either losing heavily, or turning a Nelson’s eye to immediate issues while turning their other eye further ahead.

As retailers shift from mass marketing to targeting specific groups of consumers, they're becoming increasingly innovative.

The growing trend in retailing is to move away from a centralised organisational structure that manages all marketing, assortment, and distribution channels to a decentralised approach.

UP Government to open its own Fresh outlets

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