Is FDI in retail a good idea?

Govind Shrikhande CEO, Shoppers Stop Large investments in infrastructure will help farmers and will boost exports in a big way. It is unlikely that organised retail will get more than 15 per cent......

New stores, malls hit retailers' sales in big cities

The rush of new stores and malls in cities such as Pune, Mumbai, and Chennai is eating into sales of existing outlets of retailers such as Shoppers Stop, the Future Group and others. For......

Non-apparel lines drive growth for retail majors

Over the last few years, non-apparel categories or accessories have been posting far higher growth compared with apparel.According to Govind Shrikhande, chief executive officer, Shoppers' Stop,......

Retailers upbeat on 2010; line up Rs 600 cr

The country's largest retailers-- Future Group, Spencer's Retail and Shoppers Stop-- have lined up investments of at least Rs 600 crore (Rs 6 billion) for 2010. For Shoppers Stop, while 2009 was a......