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Rising lifestyle
spend to boost retail sector
Organised retailing may constitute just two per cent of the entire
retailing activity in India. But rising income levels, a large young
population, increased exposure to media and global standards have
created aspirations and expectations which augurs well for organised
retail.
Will Pantaloon’s
retail innovations help replicate success?
Big Bazaar, Food Bazaar, Gold Bazaar and soon to debut Shoe Bazaar.
Pantaloon Retail India is looking at all possible avenues to grab
as what Mr Kishore Biyani, managing director, Pantaloon Retail India
puts it - the maximum share of the consumer’s wallet.
Franchising:
Get the basics right for competitive advantage
With no definite laws governing this sector, franchising is perceived
as a business proposition ‘low in transparency with high degree
of risks involved’. However there exists immense growth potential
of this marketing channel in India.
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