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IT in Retail If you are interestred in information on how IT is providing important link between the various functions of organised retail have a look at the following link- http://www.networkmagazineindia.com/200505/focus01.shtml

Pantaloon Man Unlike most people, Kishore Biyani makes no bones about his simplicity. He's the man you're most likely to ignore at the Pantaloon or Big Bazaar store, as he stands in a corner observing the way you shop. But make no mistake, what he may lack in sartorial style, he more than makes...

Meet India's king of retail [Information is dated, yet useful for those who have Pantaloon in their sight.] Surajeet Das Gupta | January 15, 2005 Pantaloon's Kishore Biyani has become India's largest retailer, but still has several aces up his John Miller shirtsleeves. In India's chaotic...

Retail Destinations Following business houses have expressed potion in Organised Retail. General list: Ambanis, Godrej, Tatas, Birlas, Bhartis, Modis, Wadias, Ruias, Piramals, Adanis, Mafatlals, Singhanias, Rahejas, Kamaths, Lalbhais, Kasliwals, Mahindras, Oswals, Burmas, Biyanis etc. Rural...

"Retail chains circle over Indian airports with outlet plans..." THE ECONOMIC TIMES Anuradha Himatsingka & Writankar Mukherjee KOLKATA Modernisation and privatisation of Indian airports appear to have opened up new vistas for Indian retailers. Most of them, if not all, are working on their...

The UK IPOD generation: insecure, pressured, over-taxed, debt-ridden By Graeme Wilson, Political Correspondent Young people are facing a bleak financial future in which the state will take almost 50p in every £1 they earn, a report claims today. Millions of taxpayers under the age of 35 have...

Rule 9: Control your expenses better than your competition. This is where you can always find the competitive advantage. For 25 years running - long before Wal-Mart was known as the nation's largest retailer - we ranked No. 1 in our industry for the lowest ratio of expenses to sales. You can...

Sending coal to Newcastle It may be the fittest example of the expression, 'sending coal to Newcastle': Tata's take over of UK national icon 'Corus' is much more than just that. India's amazing progress appears to continue unchecked. Every list of nations that will lead the world now includes...

Rule 9: swim upstream. Go the other way. Ignore the conventional wisdom. If everybody else is doing it one way, there's a good chance you can find your niche by going in exactly opposite direction. But be prepared for a lot of folks to wave you down and tell you you're headed the wrong way. I...

Rule 8: Exceed your customers' expectations. If you do, they'll come back over and over. Give them what they want - and a little more. Let them know you appreciate them. Make good on all your mistakes, and don't make excuses - apologize. Stand behind every thing you do. The two most important...

Rules [7] from Walton's Treasure Chest : Listen to everyone in your company. And figure out ways to get them talking. The folks on the front lines - the ones who actually talks to the customer - are the only ones who really know what's going on out there. You'd better find out what they know...

Rules [6] from Walton's Treasure Chest : Celebrate your success. Find some humour in your failures. Don't take yourself so seriously. Loosen up, and everybody around you will loosen up. Have fun. Show enthusiasm - always. When all else fails, put on a costume and sing a silly song. Then make...

Rules [5] from Walton's Treasure Chest Appreciate everything your Associates do for the business. A paycheck and stock option will buy you one kind of loyalty. But all of us like to be told how much somebody appreciates what we do for them. We like to hear it often, and especially when we have...

Rule 4: Communicate everything you possibly can to your partners. The more they know, the more they'll understand. The more they understand, the more they'll care. Once they care, there's no stopping them. If you don't trust your Associates to know what's going on, they'll know you don't...

The UK IPOD generation: insecure, pressured, over-taxed, debt-ridden By Graeme Wilson, Political Correspondent Young people are facing a bleak financial future in which the state will take almost 50p in every £1 they earn, a report claims today. Millions of taxpayers under the age of 35 have...

Walton's Treasure Chest Rule 3: Motivate your partners. Money and ownership alone aren't enough. Constantly, day-by-day, think of new and more interesting ways to motivate and challenge your partners. Set high goals, encourage competition, and then keep score. Make bets with outrageous...

Mall Marketing: By Sanjay Sachdeva Most mall developers are still hiring new senior management or promoting their existing management to higher ranks to ensure good marketing of the mall. Well, marketing of the mall until now only meant selling or leasing space. But the real challenge, where...

The 3rd Images Retail Awards 2006 Titan Industries is the `Retail Company of the Year' ~ Kishore Biyani the `Retail Face of the Year' ~ Big Bazaar wins the `Retail Destination of the Year' ~ Mumbai, September 10, 2006: It was a night that shined with the leading stars of India's retail...

Rule 2: Share your profits with all your Associates, and treat them as partners. In turn, they will treat you as partner, and together you will all perform beyond your wildest expectations. Remain a corporation and retain control if you like, but behave as a servant leader in a partnership...

Commit to your business. Believe in it more than any body else. I think I overcame every single one of my personal shortcomings by the sheer passion I brought to my work. I don't know if you're born with this kind of passion, or if you can learn it. But I do know you need it. If you love your...