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Showing posts with label Spencers. Show all posts
Showing posts with label Spencers. Show all posts
22 August, 2021

Happy Birthday Madras - the Retail capital of India

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I have always argued that one of the reasons why the British traded with our country for a long time was our ethical business practices coup...
30 August, 2018

Would Pricing alone entice Customers?

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This is my 21 st year in Retail and I am still not amused that the Indian consumer’s love for discounted prices has never waned. Back in...
15 July, 2018

We are Chennai…

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It was long pending but took a drive all the way up to the latest entrant in Chennai, the newly opened (partially though) VR Chennai, a Re...
05 May, 2017

Inventory Management

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For any retailer, Inventory Management is about maintaining the right level of stocks at the right place at the right time. If this is achi...
13 May, 2013

Shaswat Goenka–Hearlding new frontiers at Spencers Retail

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  After dabbling with various sectors in the Rs 14,000-crore RP-Sanjiv Goenka group for about a year, Shashwat Goenka , 23, son of group c...
24 May, 2012

The Dangerous Minimum Guarantee Model in Retail Expansion

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Aggressive store expansion means two things – heavy capital expenditure and lots of people to manage the stores. Every brand worth its salt ...
15 May, 2011

Paribartan! Retail revival in West Bengal?

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My initial happiness started worrying me after sometime – after all who wouldn’t want to achieve their Sales targets! When I was told earlie...
04 April, 2011

David vs. Goliath – Retailers and Kiranas. Long Live David.

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I was actually not so surprised to see the store closed for a few days, although really felt bad about it. The first time I entered the st...
22 September, 2010

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It was a Sunday afternoon and a lazy one at it. And that’s just when someone at home asks for a pack of NAN 3 – a health substitute from Nes...