Friday, August 28, 2009

Pantaloon Retail sees 30% growth in revenue this year

Pantaloon Retail sees 30% growth in revenue this year

As fears over swine flu spread across India, its effect is gradually being seen in the retail sector as well. Kishore Biyani, chief executive officer, Pantaloon Retail (India) Ltd, said in an interview that his company saw some impact on sales in Pune and Mumbai.

He, however, also said that the firm aimed to achieve at least 30% growth in revenue this year. Edited excerpts:What’s your sense of how this sales season will be, given that there is a swine flu scare going on?

We had much bigger plans and we are much organized this time. We had a lot of stock and a lot of collaborative approach with the manufacturers, but we have some impact in Pune, none of our stores is closed except one store in Pimpri (in Pune district).We are seeing decent business, but not crowd as we normally see..., but we are still expecting a sale of about Rs250 crore and whatever our yesterday’s number suggests, we are on track.

So you don’t see any big dip this time around year-on-year because of the kind of footfalls that have been happening?

We had about 6-8% lower sales in Mumbai than what we had expected. Pune was less than 20% but we have 116 overall stores in the country. The northern, southern and eastern region have done more than expectations and we have balanced out in that sense.I believe that you had indicated to investors that you are gunning for a 16-17% same-store growth in FY10.

Are you on track for that kind of an aggressive growth target?

We are looking at close to 30% growth and not 16-17%, so we are looking at 3.5-4 million sq. ft of expansion as a group in this fiscal year and that will contribute to some growth and also growth will happen out of same-store sales growth.So we are confident of 30% growth, not same-store, but overall growth in terms of revenue.

Posted by- Deepak Khatri

Bata will open 200 new stores

Bata India Ltd plans to add 200 new stores to its retail network across the country over the next two years. The stores will be launched under the company’s new retail model that classifies stores into four formats – flagship
Stores, city stores, super stores, and family stores, according to a company release. Bata recently opened a flagship store and a super store in Thane. Modelled after the international Bata stores, the flagship store is spread across a lavish 4,800 square feet, while the super store has an area of over 6,000 square feet.“These stores offer customers a comfortable and trendy shopping experience in air conditioned comfort. The large format enables proper display of the shoe line, which has over 200 new designs on offer,” the release said. The company also announced the opening of its new flagship store in Thiruvananthapuram, Kerala. Spread across an area of 3,500 square feet, the new store offers customers the company’s entire range of footwear, including over 200 new designs. Bata is the largest footwear retailer in India with more than 1,100 stores.

Posted By- Tapasya Joshi

Bata will open 200 new stores

Bata India Ltd plans to add 200 new stores to its retail network across the country over the next two years. The stores will be launched under the company’s new retail model that classifies stores into four formats – flagship
Stores, city stores, super stores, and family stores, according to a company release. Bata recently opened a flagship store and a super store in Thane. Modelled after the international Bata stores, the flagship store is spread across a lavish 4,800 square feet, while the super store has an area of over 6,000 square feet.“These stores offer customers a comfortable and trendy shopping experience in air conditioned comfort. The large format enables proper display of the shoe line, which has over 200 new designs on offer,” the release said. The company also announced the opening of its new flagship store in Thiruvananthapuram, Kerala. Spread across an area of 3,500 square feet, the new store offers customers the company’s entire range of footwear, including over 200 new designs. Bata is the largest footwear retailer in India with more than 1,100 stores.

Posted By- Tapasya Joshi

Nokia Officially Launched its Music Store

Nokia officially launched its Music Store in India at a function held in Mumbai yesterday. With more than 3 million tracks across various genres available for download, it is easily one of the largest stores of its kind designed for Indian users.
The store is loaded with heavy localized content and to achieve this, the company has collaborated with local music labels including Tseries, Yashraj Music, Saregama, BIG Music and Venus. Along with the Music Store launch, Nokia is expected to launch its Comes With Music service in India as well, later this year. On the sidelines of the Music Store launch, Nokia also announced the launch of three new devices in India. These include the Nokia 5630, 5530 XpressMusic and the 5230. We already have covered the launch of these phones in our preview here.


Coming back to the Music Store, the current version of the Nokia Music Store gives users a variety of options to download music. The service comes with an "on-device" client for downloading music over the air or the easier to use PC Client. Users can play the purchased tracks wherever they want to and can sync it to their phones or to their PCs - unlike the case with most other DRM laden music. The full-fledged launch of the Music Store comes months after Nokia has started offering purchase vouchers with select phone models on the E, N and the XpressMusic series of phones.At the launch of the service, Nokia's Head of Global Music, Elizabeth Schimel, informed that the Nokia Music Store is available in over 20 countries, with India being the 21st. Out of these countries, nine have access to the Comes With Music service. The service, as mentioned earlier, will also reach India by year-end. The specialty of the Nokia Music Store is its rich localized content. Nokia seems to have taken care in hiring people who have deep knowledge of local music genres and has managed to provide users with interesting content, as evident from the Home Screen of the Nokia Music Client. You can download the Music Store from the link provided at the beginning of the article.

Posted By Neha Dhall

Kerala retailers gear up for ‘Onam’ sales;

Kerala retailers gear up for ‘Onam’ sales;

Posted By: Shiv Bhatia

offer gifts, draws, shopping bonanzas to lure customers , the biggest harvest festival of Kerala marking the homecoming of legendary King Mahabali, despite clouds of global recession still hovering on the sky, is being celebrated with traditional gaiety, festivity, and feeling of happiness.While, Supplyco (Kerala State Civil Supplies Corporation), a state government retailer, has planned to celebrate the festival beginning the 28th August, 2009, private sector retail players have also geared up for the occasion with several mouth-watering shopping offers for their customers.Supplyco is hoping to garner sales of Rs 210 crore this Onam by setting up five Metro People’s Bazaars and 12 Town People’s Bazaars that will cater to customer needs of essential commodities and other household products at reasonable prices during the festival time.Sony, the leading Japanese consumer electronic brand, is all set to garner festive season business of Rs 75 crore, this Onam. Apart from promoting various other products in its range, Sony is expecting to sell 20,000 CTVs (LCDs) and 10,000 digicams during the period.Whirlpool, the well known brand of home appliances, is ready to storm the market with a wide range of washing machines and other durable products. The brand is expecting to garner sales of Rs 100 crore by selling 250,000 appliances this year. The brand sold 170,000 appliances last year.Tanishq, the leading gold jewellery maker owned by Tatas-led Titan, is offering gifts worth Rs 2 lakh at each store in Kerala. Besides, it is also freeing its customers from obligation of paying last installment under Golden Harvest Savings Scheme of the company.Panasonic India, the leading consumer electronics company, is hoping to double its sales during the Onam festival in Kerala. The durables brand is expecting to achieve Rs 40 crore worth business this year compared to Rs 20 crore in the previous year by offering an exchange and upgrade offer to its customers. Panasonic will exchange and/or upgrade old colour TV sets with new CTV, LCD or plasma TV sets.Sonata, the leading wrist watch maker, is offering 20 per cent special ‘Onam’ discount on its products. Sonata, according to its Regional Sales Manager Anand Moorthy, is looking at creating a distinct style and personality for its customers with the season’s ‘must have’ accessory.Zuari Furniture, a K K Birla company, has also targeted big jump in the festive business this year. The brand, despite global economic meltdown, has registered 55 per cent growth this year.Philips India, the leading consumer durables company, is looking at 40 per cent growth in its sales and is expecting to achieve sales worth Rs 60 crore for consumer electronic products during the quarter. It is offering free gifts and special prices on its products like CTVs and DVD players, among others.Zapp, the kidswear brand, which currently operates six stores in the state, has decided to bring cheer to faces of poor children this Onam by partnering with ‘SOS Children’s Village.’ The brand will be gifting toys/books to children from poor families through its outlets at Ernakulam and Edappally. Telecom service provider MTS, a mobile telephony brand of Sistema Shyam TeleServices Limited (SSTL), has announced special plans, called MSaver 98 and MSaver 199, exclusively for its customers in Kerala on the occasion of Onam. Even Tata Telecom, apart from special tariffs for the occasion, has come out with gift and other offers for its prepaid customers.Even State Bank of India (SBI) has reduced interest rates on consumer loans as “Onam Gift.’ The bank is offering interest rates of 7 per cent on housing loans and 8 per cent on car loans to its consumers.

Wednesday, August 19, 2009

Madura back in the black on cost controls, better margins
Aditya Birla Nuvo's fashion retail business Madura Garments, India's largest apparel maker, has turned cash positive after battling losses for 15 months in the wake of slowing consumer spend. The Rs 1,000-crore operations, with brands like Louis Philippe, Van Heusen and Allen Solly, posted cash profit in July and is projecting 10% rise in sales during the fiscal

Posted by Neha Dhall

Tuesday, August 18, 2009

Organised retail to grow 40% touch
· Organised retail to grow 40%; touch $ 90 billion in 2011, says a research report. The Indian retail market, which is currently (2009) estimated at around US $ 450 billion, is expected to touch $ 720 billion by 2011. The organised retail sector currently estimated at $ 63 billion (14 per cent of the total) will, however, grow much faster at 40 per cent to reach $ 90 billion during this period.
· These are part of findings of a study entitled ‘Indian Retail Research 2009 Edition’ prepared and published by investment bank Northbridge Capital.
· According to the bank, while the overall Indian retail market is growing at 30 per cent, the annual rate of growth for the organised sector is going to be at around 40 per cent.
· “Retail market size in 2009 is estimated to be of USD 450 billion, growing at the rate of 30 per cent per annum. It is expected to grow to USD 720 billion by the end of 2011.”
· “However, the organised retail market is growing at the rate of 40 per cent and is anticipated to grow at a faster pace over the next three years, especially in view of the fact that major global players and Indian corporate houses are entering the fray in a big way. At the current growth rate it is expected to touch $90 billion by 2010,” says the report .
· The retail sector which accounts for 12 per cent of the country’s GDP and employs around 9 per cent of its workforce is well on its way to become a boom sector of the economy.
· “Retail in India is slowly moving its way towards becoming the next boom industry with the whole new concept of shopping has altered in terms of format and consumer buying behavior.”

Monday, August 17, 2009

Festival Season (12th September to 11th October)

Ansal Plaza is the oldest shopping mall chain in India, having 6 malls in 4 states (Delhi, Greater Noida, Gurgaon, Ludhiana, Jalandhar and Jodhpur.

During this festival season we are doing series of events Rock Concerts, Fashion Shows, Music Concerts, Exhibitions, and many more at Ansal Plaza's which will be starting form 12th of September.

If you are interested you can make your bookings now.
Looking forward for your positive response.

For Any queries Contact
Nikhil -9717500299
Gagan - 9899961342
Neha 0 9871668516

Wednesday, November 12, 2008

BLITZKRIEG EVENT AT ANSAL PLAZA PALAM VIHAR IN ASSOSIATION WITH IBS

Once again Ansal Plaza invites you all to come and participate in the event.
BLITZKRIEG
"BLITZKRIEG" the annual festival of IBS-Gurgaon, the much awaited event for B-schools and the corporate sector is an attempt to bring together the innovative, entrepreneurial minds of the country to fight it out at a competitive platform. The dates have been scheduled as 29th, 30th November and 1st December. A footfall of 10,000+ including students, faculty and people from the corporate world are expected to attend the event. "BLITZKRIEG 08-09" will receive extensive coverage by the print and electronic media.
BLITZKRIEG ‘07 witnessed an overwhelming response from the corporate world. This year too with the help of Ansal Plaza we anticipate an active participation from an increasing list of participants. The long list of sponsors for Blitzkrieg 2007 included corporate houses such as Hero Honda, Reebok, BPCL and ITC. The media partners that provided coverage were HT, Aaj-Tak, and Radio Mirchi among others. "Band of boys" was the major crowd puller at celeb night last year at "BLITZKRIEG ‘07". Derek O’ Brien was the celebrity compare for the business quiz Zephyr and he would make his benign presence felt this year too.


List of events
1. War of the Bands – Goonj
In this event music bands of different B-Schools and colleges will be performing and competing.
2. Abhinay - The Dramatics
It is an inter college dramatics competition where the teams have to enact a play.
3. Alaap – War of Voices
It is a solo song competition where participants of different colleges will be performing and competing.
4. Le Ballo – Dance Fusion
IBS-G takes immense pleasure in providing you a platform to show your dancing skills.
5. Yatra – Rediscover India
In this event competing teams will be preparing a tourism promotional campaign for the state chosen by them.
6. Business Baazigar
This event tests the acumen of the budding managers in launching a new product in the market giving them a feel of the entire procedure starting with the conceiving the idea, developing the product, coming out with the marketing mix and plan, launching it and finally selling it in the real world.

7. Dumb Charads Dumb shears starts here.
This involves enactment of punch lines and names of companies.
8. D-code
In this event teams have to solve a series of puzzles, or clues. Each clue leads to a specific location, where the team must search for a hidden token proving they correctly solved the clue. The token might be wording on a historical plaque, the address of a unique building, a business name, automobile part or adhesive letters cleverly hidden.
9. Wheelz- The Concept Car
The event is to launch a car within the given restrictions. Restrictions will be Budgeting, Designing, and Performance. You have to prepare and launch the car under the given specifications. The ultimate target is to sell the car to the judges. You can make an advertisement or any promotional tool for it.
10. Numero Uno- The Best Manager
Fancy yourself as a smart Manager? Well here is your chance to prove it. Be prepared for a grueling session as you are put through rounds of serious business competition.
11. Stratagem
Stratagem is a detailed event which will judge the students on various grounds and provide them a real life simulation of the way marketing strategies are drafted and executed in the industry. There will be a newly launched product/service for each team for which it will have to prepare the marketing and selling strategy. They would have to consider factors like STP, Product Mix, logistics, Packaging, Media Buying, innovative advertising mediums, after sales service and consumer retention.
12. Logomania
Each group, in a stipulated frame of time, will have to make
maximum number of logos on the face and certain body parts of one of their group members. The maximum number of recognized logos shall steer a team to its victory.
13. Arth-Warth
The Business Crossword
14. The Strategists
Check Mate…Now In this event write up will be invited on a specific topic that will be common for all the college; write up will consist of 800-1000 words (Maximum). Short listed teams will be allotted a topic a week before the final round. Each team has to give a presentation on the given topic for 10 minutes, followed by question –answers session of 5 minutes.
15. Zephyr – The Biz Quiz
Hosted by the renowned quiz master DEREK O BRIEN
16. Investomania – It’s all about Money IBS Gurgaon proudly presents our very own virtual stock game which will test the participants investing skills as well as their ability to plan out during stressful situations.
17. Junk Inc.
This event will test your creativity as you need to use industrial or other waste material, except organic waste to create realistic and marketable office/business accessories.
18. Plan Empresarial
Participants have to develop a new business idea that may be in the field of hotel & catering, store retailing, personal services, business & communication services, etc. Teams selected for stage II would need to present their new business plan at "BLITZKRIEG 2008".

19. Defcon-
LAN gaming An invitation to all the gaming freaks out there who want to eat-drink and live computer games
20. The Business Plan
Participants have to develop a new business idea and an IT support system that may be in the field of hotel & catering, store retailing, personal services, business & communication services, etc. Teams selected for stage II would need to present their new business plan on December, 2008 at "BLITZKRIEG".
21. Fashimite
A platform is here to show how stylish, how fashionable, how innovative, you can be. Come and set the stage on fire… but in fashion!!!

Special attraction:
• Events coverage by MTV, Radio Mirchi, Cybertimes.
• Space for conducting events as well as hoardings and banners provided by ANSAL PLAZA.
• Clips of the space available for promotional activity are in the PowerPoint presentation sent along with the business proposal.
• Potential platform for recruiters.
• Business quiz conducted by Derek O’Brien.
• DJ VIKK (Vikrant Rathore - MTV Roadies 5.0) to rock IBS Gurgaon.
• Live performance by a renowned band on the celeb night.
• Renowned rock bands Half step down, Lazy River, Men Who Pause to perform on the celeb night as well.

Monday, September 1, 2008

ATTITUDE ROCKS

After the big success of Ist ever Dog's Wedding at Ansal Plaza, the next event is "ATTITUDE ROCKS"!!!! So all you rock band lovers come and get yourself registered with Ansal Plaza for being the part of this next grand event!!! Registration begins from 1st of September and the live event will be on 27th September.

This event will gonna rock the Capital!!!! Rock bands will perform live at Ansal Plaza and some major bands will be joining the stage.. There would be an open stage for all and anyone can register himself and perform.

THIS EVENT WOULD BE CONDUCTED IN ALL ANSAL PLAZA'S.
  1. ANSAL PLAZA DELHI
  2. ANSAL PLAZA PALAM VIHAR
  3. ANSAL PLAZA GREATER NOIDA
  4. ANSAL PLAZA LUDHIANA
  5. ANSAL PLAZA UPTOWN JALANDHAR

TO REGISTER YOURSELF CALL RACKS AT 09810834840

INSIGHT - Ansal plaza has made shopping much more enjoyable than ever before. 30,000 People visit 5 Ansal plaza malls every day in weekdays and more than 50,000 on weekends- Your name and contact address will be exposed to these hi income group , upper middle class potential customers of yours in Only a weeks time.