DMart is a supermarket chain that offers customers a range of home and personal products under one roof. Each DMart store stocks home utility products, including food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances a Future Retail Limited is an India-based company, which is engaged in the business of retailing a range of household and consumer products through departmental store facilities under various formats. The company is primarily engaged in the business of multi-brand retail trade.
The company has access to approximately 20 compact hypermarket easyday Shoppers Stop Limited is a holding company. The company is engaged in the business of retailing a range of household and consumer products through departmental stores. Its products include apparels and non-apparels. Its non-apparel category includes cosmetics, personal accessories and leather goods, home wares, electronics, books and music.
The c Agriculture and its allied sector are crucial for the development of a country, especially for India where it is the largest source of livelihood.
The sector plays a majo This revolution is changing not only the way we inte Since then the television industry has witnessed transformation with advancement i From smart water pumps to drones: Technology is changing Indian farms! Alok Kirloskar, Executive Director, Kirloskar Brothers Limited Disruptive technologies and innovations in application engineering are fast changing farming practices in India.
In a department store, the consumers can get almost all the products they aspire to shop at one place only. Department stores provide a wide range of options to the consumers and thus fulfill all their shopping needs.Top 10 Best Retail Companies in India - Best Retail Brands of 2020
Discount stores also offer a huge range of products to the end-users but at a discounted rate. The discount stores generally offer a limited range and the quality in certain cases might be a little inferior as compared to the department stores.
Wal-Mart currently operates more than discount stores in United States.
Types of Retail Outlets
In India Vishal Mega Mart comes under discount store. A retail store which generally sells food products and household items, properly placed and arranged in specific departments is called a supermarket.
A supermarket is an advanced form of the small grocery stores and caters to the household needs of the consumer. The various food products meat, vegetables, dairy products, juices etc are all properly displayed at their respective departments to catch the attention of the customers and for them to pick any merchandise depending on their choice and need. A retail format which sells limited stock in bulk at a discounted rate is called as warehouse store.
Warehouse stores do not bother much about the interiors of the store and the products are not properly displayed.
Mom and Pop stores are the small stores run by individuals in the nearby locality to cater to daily needs of the consumers staying in the vicinity.
They offer selected items and are not at all organized. The size of the store would not be very big and depends on the land available to the owner.
As the name suggests, Speciality store would specialize in a particular product and would not sell anything else apart from the specific range. Speciality stores sell only selective items of one particular brand to the consumers and primarily focus on high customer satisfaction. Example -You will find only Reebok merchandise at Reebok store and nothing else, thus making it a speciality store. You can never find Adidas shoes at a Reebok outlet.
Many retail stores operating at one place form a mall. A mall would consist of several retail outlets each selling their own merchandise but at a common platform. Now a days the customers have the option of shopping while sitting at their homes. They can place their order through internet, pay with the help of debit or credit cards and the products are delivered at their homes only.
However, there are chances that the products ordered might not reach in the same condition as they were ordered.
This kind of shopping is convenient for those who have a hectic schedule and are reluctant to go to retail outlets. In this kind of shopping; the transportation charges are borne by the consumer itself. Example - 99 Store would offer all its merchandise at Rs 99 only. No further bargaining is entertained. However the quality of the product is always in doubt at the discount stores.
View All Articles.From Armani to Chanel and Ermenegildo Zegna to Versace, each has created establishments in the country. This impetus has been driven by an ever-increasing base of ultra high-net worth households, which are likely to grow at 27 per cent till Indian consumers are exhibiting a distinctively higher preference towards luxury fashion brands.
There seems to be an ever increasing and growing appetite for all things luxury. India has hence become a growing aspirational market for international luxury and fashion brands. We are continuously seeing the more far-sighted and committed brands consolidating their position in the market by continuing to look at expansion strategies.
Despite this, the Indian market has a lot of untapped potential. As the integration of the Indian consumer with global trends continues, international fashion brands can expect to find the country an increasingly fruitful ground for growth.
Dior which entered India in has made its mark on Indian consumers with exquisite French fashion styles. The leading fashion apparel brand has been appreciated by fashion consumers of the country for its exotic variety of products like classy designer handbags, perfumes, sunglasses, apparels and many more. The bright boutiques live up to the luxury and style that is the essence of the brand. Versace is known as one of the leading fashion brands worldwide, epitomizing sensual glamour and has been a symbol of Italian Luxury.
Versace maintains a square meter flagship store space with a minimalistic boutique style and Italian floor tiles at the DLF Emporio mall in New Delhi. The brand is planning to revamp their product, pricing and distribution strategies to suit the Indian market conditions and set realistic goals to strengthen its customer base.
Venturing into real estate the brand Versace has tied up with renowned real estate builders and developers, ABIL Group, to develop an exclusive residential project in South Mumbai. The partnership will come up with residential spaces designed by Versace that will offer customers unique apartments combined with ultra-modern facilities endemic to luxurious lifestyle.
Louis Vuitton targets the Indian luxury market potential by recognizing and addressing the challenges faced. Its strategy decisions are store locationstargeting the nouveauriche, market and sponsorships, adapting to the Indian culture and efficiently utilizing local resources and targeting new dwellers and young millionaires.
Louis Vuitton have also localized their approaches, identifying important events and celebration among potential clients and arriving with personalized gifts and services for the occasion. DKNY has introduced both classic and comfortable clothes to the Indian market.
Donna Karan International DKI defines the metropolitan fl air that bridges the difference between stylishly casual and conventional. DKI sells to upscale department and specialty stores and through its own retail stores in New Delhi and Mumbai. The brand also has collaborations for online presence in the country. Coach, Inc. The brand also has a strong online presence in the country through collaborations and is efficiently catering to the increasing consumer base in India constantly looking for styles that are at par with global standards.
Superlative tailoring, the finest raw materials, a highly-skilled workforce and the quintessential Italian touch keeps the brand miles ahead in the luxury market.
Currently, the brand is catering the Indian luxury consumer base from its opulent DLF Emporio store in New Delhi as well as other stores across the country in cities like Mumbai, Bangalore, Hyderabad, Kolkata and Chennai.
Emporio Armani is the fashion forward line from Armani that features trendy, ready-to-wear and runway collections. The brand believes in the creative spirit of youth conveying a fun, lively and effervescent spirit that manifest this glamour and vitality.
Operating through five stores in India in New Delhi, Hyderabad and Mumbai, the brand is catering the Indian consumer with a cosmopolitan, fashion and lifestyle collection. The stores have an atmosphere of youthful modernity, but they also possess an underlying elegance, which embodies the quality that defines this great brand. Mumbai, Bangalore and other airport shopping destinations, is a popular accessories brand offering products across a wide variety of categories including jewelry, watches, hats, gloves and scarves, fragrances, shoes, eyeglasses, handbags, ties, belts, etc.
The brand strategy aims to enhance its competitive position among the leaders in the global luxury market by leveraging on its creativity, glamour, Italian craftsmanship, consolidation of its position, enhancing its classical elegance and glamour with a contemporary style that keeps pace with the times.
In India, it aims to maintain its position in the high-end luxury segment by emphasizing the specific and central role played in its product range by the excellent quality of Italian products.
The Italian brand collection includes a bright and colourful selection of casual and elegant polos, shirts, knits and jackets that can be stylishly teamed with denims and trousers. Paul Smith is an English fashion designer, whose business and reputation is founded around his menswear line.
A German luxury style house named after his founder, BOSS personifies sophisticated fashionable essentials for both men and women. Its core brand encompasses bonafide, understated luxury fashion trends. Burberry has been actively engaged in personalised tactics in mobile and digital platforms as well.Single brand retail trading means selling different products under one brand name. For example, Starbucks sells beverages and food items under the brand of Starbucks.
It also sells cups under the same brand name. Other examples could be Ikea, Nike, Adidas etc. Only those products that are branded during manufacturing and also sold under the same brand in other countries will be covered under this.
This was in view to promote domestic sectors in India i. As a relief to the companies, in the initial five years, this requirement has to be made as an average of total value of goods purchased in the five years.
10 Largest Retail Chain of Hypermarkets in India
The policy also allows a single brand retail entity which is operating through brick and mortar stores, to trade through e-commerce. Indian entity has to make sure that all the compliances has been fulfilled whereas the investing entity will be responsible to file the evidence with RBI to prove the effective compliance.
Multi-brand retail trading is selling products of different brands under one roof. These establishments sell products of different brands at one establishment. With regards to multi brand retail trading, the central government has just framed an enabling policy specifying the maximum FDI which is allowed and the procedure. To what extent did liberalisation of FDI in multi-brand retail enable foreign players to enter India if at all?
As stated above, FDI in multi-brand retail is limited by various aspects. Moreover, they are not permitted to enter into e-commerce space. This situation has limited foreign brands to enter Indian market. They do not have any control on the management and they can be liquidated in a shorter time frame than FDI.
Indian marketplace is dominated with many small shops and business. If foreign investment in multi-brand retail is to be permitted, then the business of these small shop owners will be in danger. Consumers will be spoilt with choices and due to high competitions, prices will go down, thus these multi-brand retail establishment will be able attract consumers at a large scale. However, in case of single-brand retail shops, they usually bring premium or luxury goods in the market so as such they are not in direct conflict with Indian small business.
E-commerce retail trading is buying and selling of products and services online. There is no brick and mortar establishment. For example, Flipkart, Amazon, Tatacliq, etc.It is one of the top retail companies in India. It is headquartered in Mumbai Maharashtra. It is premium Indian clothing retail chain.
The first retail store of Pantaloons was launched in Gariahat, Kolkata. Previously the leading retail company was controlled by the future group. Avenue Supermarts Ltd D-Mart. Avenue Supermarts Ltd, also known as D-Mart, was founded in the year It is headquartered in Powai, Mumbai. The company offers a range of home and personal products under one roof. The company offers its products under various categories. Avenue Supermarts Ltd engages in the business of organized retail and operates supermarkets under the brand name- D Mart.
The company is one of the leading firms in the retail sector. Future Enterprises Ltd. One of the top retail companies known, Future Enterprises Ltd is a India-based company which is engaged in the business of multi brand retail trading. The company operates over Big Bazaar, fbb and food bazaar stores in approximately cities across the country.
Future Lifestyle Fashions Ltd. Future Lifestyle Fashions Ltd was founded in the year At present, the company has approx 40 domestic and foreign brands that are present in every segment within the fashion space. The company is one of the top retail companies in India. Future Retail Ltd.
Future Retail Ltd is one of the top retail companies in India. The company was founded in the year The company has access to approximately 20 compact hypermarket easy day stores and over supermarket easy day stores.
Reliance Retail Ltd. Reliance Retail Ltd was founded in the year It is headquartered in Nariman Point, Mumbai India. Shoppers Stop Ltd. The company is headquartered in Mumbai, India. The product range of this top retailer is clothing, fragrances, accessories, handbags, health and beauty products, shoes, jewelry, cosmetics, home furnishing and decor products.
Trent Ltd Westside. Trent Ltd was founded in the year The company has its headquarters located in Mumbai, Maharashtra. It is offering a range of apparel products for men, women, and kids. The company primarily operates stores across three formats: Westside, Star and Landmark.So much so that, Indian consumers of today no longer view price as the ultimate driving factor behind online shopping, but as a factor that is just a part of the larger value story.
In this blog, we will discuss in detail about 5 retail brands that are going the omnichannel way in India. Customers can even choose to virtually preview the selected shirtstrousers etc, on themselves using the Virtual Trial Mirrorwithout having to step into a physical trial room. By offering such wide array of digital solutions, the store aims to solve customer issues of fit and fashion through multiple digital touchpoints.
Adding on to that, established brands typically do not offer anything to educate their customers on how to get measured or go about buying lingerie. Aiming to fill this void, online lingerie retailer, Zivame, recently launched its first flagship fitting lounge in Bangalore, to help women make educated choices in their purchases going forward.
Customers can just walk in and enter their details on a tab. The professional fitters at the lounge then go on to help them discover their right size and also provide expert advice when it comes to the style and type of options available in the market. If convinced, the lounge also allows customers to make an online purchase right then and there.
The company plans to open such stores across the leading metro and Tier 1 cities in the country by the end of Shopping for furniture can often end up being a very a complex process especially, for millennial customers setting-up homes for the first-time. These customers seek the best in terms of quality without compromising on their busy lifestyle and packed schedules.
The interior design consultants at the studio, equipped with in-depth knowledge of the Pepperfry furniture portfolio, can easily take customers through the various designs showcased at the Studio and the extended online Pepperfry range, to help them choose furniture that suits their individual tastes and preferences. Adding on to that, the studio also offers customers the advantage of availing services ranging from customization to advisory related to design and other helpful tips, enabling them to make the right purchase decision.
In their efforts to continue growth in this direction, the online furniture brand is all set to supplement the current six studios by launching four more such experience-zones by March next year. Adding on to that the store is designed to sell apparel only via an iPad. So far, the store has generated higher than average footfalls. The store was launched last year and the company plans to open more such stores in the next one year. Keen to cash in on the online shopping boom, the Adidas Group, launched their 1st Indian omni-channel store in New Delhi last May.
This was soon followed up by the introduction of endless-aisle technology in Chandigarh and the brand currently aims to integrate of its stores with this technology by the end of this month. This endless-aisle technology allows consumers to browse, research and pick up their products with convenience. Adding on to that, it also allows the retailer to sell products that are not available in stores and at the same time service orders received from the Adidas Web store.
As a part of their omni-channel program, the brand recently launched Adidas Neo which is a brand that is targeted at the youth segment and is currently only available on the online platform. Through this initiative Adidas aims to grow their product range by introducing niche products such as cycling equipment. Ideally these items would take up a lot of space in traditional stores, so Adidas plans to wait till they gain traction before displaying them in store.
Few other solutions that can bring enhance customer shopping experience in-store include:. This offers customers ultimate flexibility when it comes to delivery choices and thus allows retailers to save a potentially lost sale. Examples of such initiatives include the following:. When armed with the right tools and technologies, store associates can act as credible brand ambassadors who can drive customer loyalty while improving customer retention.
This can be done by equipping the store associate with data on products available across different distribution channels and access to meaningful insights on her customer in order to offer a personalized experience.
Technologies such as beacons, that can provide data that deliver a degree view on customers, enterprise-level inventory data, and in-built intelligence to provide the right recommendations product recommendations, substitutes, alternate fulfillment options, dynamic offers are critical for associate empowerment. When it comes to creating personalized contentit is highly critical that retailers understand the context of their customer and tailor messages accordingly.
To ensure this, you need to gather information from several touch points, both offline and online and match the content to the overall buying cycle.Swiggy currently has such brands on its platform that were co-created with 95 restaurant partners across 13 cities.
Building brand esteem and reputation is one of the most precious but least understood dynamics in the business world. With over 14 million active cards, HDFC Bank is by far the largest credit card issuer in the country, and hopes to sell 1 million Ka-ching cards over the next three years. Parag Rao, head of the cards business at the bank, told that around 20 per cent of its total cards are co-branded, and such cards see around 30 per cent more spending. The sanitiser product is also the first big launch on the Heinz portfolio after its acquisition in The BoroPlus Advanced anti-germ hand sanitizer, powered by natural antiseptic qualities of neem and tulsi, has an alcohol base of 70 per cent and is clinically proven to kill The more premium Edition card is priced at Rs 3, exclusive of taxes.
Apart from the basic features such as Zomato credits on every purchase, the card holders will get lounge access at certain domestic airports and will offered a global Gold membership.
All rights reserved. For reprint rights: Times Syndication Service. Have you read these stories? Battlefield India: The behind-the-scene tech attack on the virus Updated: Apr 19, It's unlike software. Vaccines, drugs and medical devices cannot be churned out overnight. Why India may get the worst of both worlds The challenges of lifting the lockdown Live: The steady rise in case count continues Covid: Broadway star faces leg amputation. Twitter, LinkedIn list Reliance's coronavirus response among top work resonating most.
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Iconic Brands of India: Indigenous brands step into the spotlight As Indian companies and brands nurture global ambitions, they face a pletho All News Videos Photos. Swiggy partners with restaurants to launch exclusive delivery brands 13 Feb,AM IST Swiggy currently has such brands on its platform that were co-created with 95 restaurant partners across 13 cities.
Building brand esteem in the instant information age 18 Apr,AM IST Building brand esteem and reputation is one of the most precious but least understood dynamics in the business world. Emami forays into hand sanitiser segment under BoroPlus brand 16 Apr,AM IST The BoroPlus Advanced anti-germ hand sanitizer, powered by natural antiseptic qualities of neem and tulsi, has an alcohol base of 70 per cent and is clinically proven to kill Popular Categories Markets Live!
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