Having a hard time competing with local kirana stores, Reliance Retail, aims to transform few of its giant sized hypermarkets in to wholesale cash & carry stores.
The first under the conversion plan is 44,000 sq ft Reliance Mart in Bhopal’s Aashima Mall which is under renovation currently and is expected to open in a new avtar in February 2014. The other two to be apparently converted are in Ludhiana and Aurangabad, each.
With the cash and carry model, the organised retailers will be able to supply bulk order to the kirana stores, which otherwise were their competition.
Modern retail has always been a step behind when it comes to consumers’ preference to shop for food and grocery, though modern retail stores offer a wide variety what they are unable to offer is good price. While modern retail sells at MRP until a scheme run by brand, neighbourhood stores sells at wholesale price 365 days of the and if you are lucky you can also avail ongoing schemes.
With an aim to reach easily the today’s busy women, especially the entrepreneurs and working women, Mirari Jewels takes its brand and products online with www.mirari.com.
Along with the outlets in metro cities, the digital shop will serve as an extraordinary platform to jewellery lovers of all age groups as it will showcase the creative and magnificent designs of Mira Gulati, the creative head at Mirari.
At the Mirari online store, the consumers can choose from a wide variety of pendants, rings, ethnic and fancy earrings, traditional and contemporary bangles, elegant bracelets and neckpieces. The collection is priced from Rs 8,000 onwards. The portal shall tailor its designs to meet each client’s personality and unique sense of style.
Sharing the excitement of going digital, Mira Gulati expressed, “Being an entrepreneur myself I understand how busy today’s woman is. Along with managing professional and personal life, she is expected to be presentable all the time. Understanding the time constraints, the customer does not have to personally visit the store, the online store will help our customers to make the purchase at their own time and convenience. They will also have the option to design their own jewellery with us. We want our customers to have maximum choice and flexibility in terms of designs and shopping.”
The premium and luxury decor and jewellery brand, Kinerhs Collection, opens it flagship store in Chennai.
Spread across 1000 sq ft, the store boasts of the latest and exquisite collection by the brand from product categories including artifacts, decorative and accessories. With over 300 products offers a wide range of interior and outdoor products.
Shrenik Mehta Director Kinerhs collection says, “Our new store will offer products in silver and gold where customers will be able to decorate an entire home or just pick up an accent piece to instantly update their spaces.”
Kinerhs is also available online.
The US lifestyle brand, Cherokee, has entered a licensing deal with Mahindra Retail. Under the deal, the US player will be retailing its licensed Liz Lange Maternity range through Mahindra’s Mom & Me stores, specialty stores for maternity and kids.
The Liz range will be sold through Mom & Me brick and mortar stores and also online.
Commenting on this partnership, Cherokee Chief Executive Officer, Henry Stupp, noted, “We are very excited to partner with the Mahindra Group and to have the opportunity to bring the Liz Lange brand to a broader customer base. Just as Liz Lange prides itself on being one of the most recognized and respected maternity brands, Mom & Me stores strive to be the preferred destination of every expectant mother looking for world-class products and services. As we do with all of our partners, we will support this relationship with our unique 360 degree service model. This is an important step towards our globalization of the Liz Lange brand as we continue to pursue additional partnerships around the world. We look forward to a successful partnership with Mahindra and the many possibilities ahead.”
K.Venkataraman, CEO of Mahindra Retail, endorsed Mr. Stupp’s enthusiasm and said, “Mom & Me has practically been the pioneer in the maternity-wear category in India, and has been the retail brand of choice for over a million mothers in its short history since inception in 2009. Our goal is to partner with world-class companies that bring innovation and excellence to our relationship and exclusive and valued products to our customers. We believe that The Cherokee Group is a premier licensing and marketing company that exhibits such traits and the Liz Lange Maternity brand is a perfect fit for our Mom & Me stores; bringing great style and value to our customers. We anticipate a long, fruitful relationship with the Liz Lange brand as well as The Cherokee Group.”
One of the leading tile brand of India, Asian Granito, plans to ramp up its retail business by opening 100 new exclusive AGL Tiles World stores. Currently the brand has 44 stores and the number will reach 100 by end of 2014.
The existing 44 stores have been opened since fiscal 2012-13 till now in cities including New Delhi, Kanpur, Jaipur, Bangalore, Hyderabad, Patna, Mumbai, Nasik, etc. New stores will be coming up in Punjab, Uttar Pradesh, Karnataka, Kochi and Patna.
Kamlesh Patel, Chairman & MD of Asian Granito India said, “The domestic market is expected to witness a strong growth in the years to come. The per capita consumption of ceramic tiles in India is expected to maintain a healthy growth rate with rising disposable incomes, rapidly growing purchasing power of the middle class and increased urbanisation. We have been particularly focused on tapping this opportunity and increasing our market share by setting up 44 exclusive showrooms in various cities of the country and plan to add many more in the coming months.”
Steelbird Hi-tech India Ltd in collaboration with Yash Raj Films has launched a range of licensed Dhoom 3 helmets. The two have signed a licensing agreement and the products will carry interesting designs that will be in line with characters and looks of the movie. The new range will be aimed at passionate bikers and D:3 fans.
Rohit Sobti, VP- Licensing & Merchandising, Yash Raj Films, stated, “Helmets are a safety feature that more and more riders are using to help insure safety on their daily commute, and also as lifestyle statement. We are delighted to have Steelbird Helmets as a Dhoom:3 licensee. The company is producing an outstanding range of D:3 helmets that feature exciting graphics based on the film, and are an excellent choice of a safe and reliable helmet. ”
Luxury Connect, which was launched in 2012 with an aim to nurture luxury retail training in India, partners with International University of Monaco to take the vision forward. With this tie up, LCBS (Luxury Connect Business School) now offers to its students various diploma programs in luxury management offering the possibility to undertake specific courses at IUM. Continue reading Luxury Connect Business School partners with International University of Monaco
IRCTC Shopping and SOTPL (which runs Yebhi.com) has announced the launch of two new categories to the shopping portal: luggage and books. The expansion has come after three months of the launch of the shopping portal and have been added based on customer feedback and demand.
Interestingly, these two categories are one of the key ingredients while one is traveling and gels well with the IRCTC core business, railway ticket bookings.
The website offers over 20,000 books from various categories ranging from fiction, sci-fi, non-fiction, mystery, literature, bestsellers, etc to name a few.
The luggage section offers an extensive range of more than 150 products to choose from heavy to light travelling, with major brands like Samsonite, Skybags, VIP, American Tourister, etc. Continue reading IRCTC Shopping adds books and luggage category
One of India’s leading multi-brand telecom retail stores, The MobileStore, has launched it e-store powered by Infibeam. The online store will be catering to the Indian consumers by offering a wide variety of mobile phones with special offers from all the key brands available across the globe. The store will also offer solutions for accessories, connections, repairs, VAS online mobile and DTH credit recharge.
The store is hosted over BuildaBazaar a cloud based technology platform from Infibeam.com which offers retail store to build online store supported by secured payment gateway, logistics and promotional tools.
Vishal Mehta – Infibeam.com said that “We have witnessed a significant increase in the mobile and tablets shopping online recently, which is very encouraging for the mobile brands, retailers and service providers who adopt ecomerce to tap huge online customer base. Today, we are happy to have India’s leading mobile store Themobilestore on our platform and we will keep upgrading our platform and service to offer worldclass experience to our customers and partners.
So next time you walk in to the More Megastore, it will just not be your groceries but also your fashion needs that will be satiated as the modern retailer expands portfolio. From the house of Aditya Birla Group, More has added fashion apparel and footwear as a new segment to its product offerings.
Though the retailer has been selling various other brands in that segment, it is now that they introduce nine in-house brands. Speaking on the launch of the brands, Russell Berman, CEO – Hypermarkets, Aditya Birla Retail Limited said, “We are excited to expand our footprint to apparel and footwear. The category is a fast growing segment and is a daily need for most consumers.”
He further adds, “We wanted More Megastore to evolve and make it lot more relevant to a larger spectrum of consumers not just across the bigger towns but also to smaller cities like Vadodara, Indore, Mysore and more. By paying special attention to the need of new age customers, we have enhanced our offerings immensely.”
- Menswear: BlueEarth, Be Casuals & Kruff
- Womenswear: Karinee & Bjoyzz
- Kidswear: Chatter Kids and Yo
- Footwear: Berwins and Inchheels