About Retail industry
Retail industry has brought a range of different goods under one roof. One can now buy different good quality consumer goods like clothes, footwear, watches, fashion accessories, books, stationery items, beauty and health care items, home appliances, consumer durables, home furnishings, jewelry, food items, beverages and many more at the right price in a classy ambience. All the retail brands do not house every item though. This industry has actually changed the mindset and lifestyle of even common Indians.
Retail brands in India
This country has got outlets of many of the famous national as well as international retail brands. Day by day, the increasing organized lifestyle of the residents of the country of India is leading to the setting up of more retail outlets in the nation. However, Indian retail market is said to be a bit unorganized. Much more stress on selling brands is required from the retailers. With involvement of some of the renowned business tycoons like Goenka, Piramal, Raheja and Tata, several supermarkets, stores for office equipments, self-service stores and many such stores have been set up in the country. In a very short period of time, the Indian retail industry has witnessed the establishment of numerous retail outlets. In this present competitive market, all of the retail brands try hard to contend each other in terms of core competencies as well as branding strategies. Characterized with consistency, legitimacy, popularity and value addition, the different retail brands available in the country aims at establishing a long lasting relationship with customers as well as one to one marketing.
Top Retail brands in India
Following are some of the best retail brands in India:
Bharti - Walmart: With a plan of creating a network of retailing with a capacity of including U. S. $ 7 billion investment, this brand retailer has got 100 hypermarkets along with innumerable small stores. They run their retailing with a joint venture of 50:50 ratios with Walmart, where the latter deals with the cash and carry whereas, Bharti group does the work related to front end.
K. Raheja Group: Starting the retail business initially with Shopper’s Stop, one of the famous brands, this is the sole Indian retailer to become a part of the prestigious I. G. D. S. (Intercontinental Group of Departmental Stores). Presently some of the renowned retail brands of this group are as follows:
Crossword: A branded book store.
Homes Stop: A retail store dedicated to home solutions
Shopper’s Stop: The 1st departmental store in India, which was started in the year 2001.
Apart from these, this group has even got a joint business with the Nuance Group in the field of Airport Retailing as well as a plan for getting involved in internet and catalogue retailing. Setting up of 55 hypermarkets all over India is in the pipeline.
Pantaloons: Headquartered in the city of Mumbai, this is the largest retail brand in India. Operating from 450 stores located all over the country of India, this mostly favored retail brand has got the following divisional outlets:
- Big Bazaar and Food Bazaar for food items and grocery
- Collection - I, Furniture Bazaar, Hometown for home solutions
- Crossroads, which has recently been bought by Pantaloons
- Depot for books, gifts and music
- E-zone for consumer electronic goods
- Shoe Factory for shoes
Reliance: This retail brand introduces most ambitious plans in the Indian retail industry from time to time. Apart from the 1st Reliance Hypermart situated in the city of Ahmedabad, this brand has got above 300 stores of Reliance Fresh across the country.
R. P. G. Group: Being the first entrant in the field of organized grocery and food, this group established their first store of Foodworld in the year 1996. Presently, they have got several outlets of one of the most popular retail brands, Spencer’s, who specializes in providing fresh vegetables and fruit, grocery and food items, personal care goods, electrical and electronics, office and home essentials, garments as well as fashion accessories and many more. These stores of Spencer's Hyper make it easy for a shopper to get every required item under one roof.
Subhiksha: This decade old retail brand is mainly based in Chennai in the southern part of the country of India. Their 500 retail stores are spread all over the country, which gained its fame as a chain of discount retail industry.
Tata group: Trent, one of the Tata Group’s subsidiaries was set up in the year 1998. Two of the most famous brand outlets of this group are:
- Croma that is a retail chain of consumer electronic goods
- Landmark, the largest music and book retailer which was acquired by this group in 2005
- Star India Bazaar that is a hypermarket offering an array of low priced products
- Tanishq, which is a well known jewelry brand in India
- Titan that is a famous watch brand
- Westside, which is a retail chain of lifestyle goods
- Allen Solly
- Cafe Coffee Day
- Louis Phillipe
- Music World
- Peter England
- Van Heusen