Hotspots retails limited mobile retail arm of BK modi group has re-branded as Spice Hotspot. Hotspot was one of the early name in branded retail chain and in North India is a household name. Mobile retailing in India and particularly in north India was started by BK Modi group.
Hotspot in North India and particulary in [...]
Does IPL has a negative impact on retail business? This is a big question. In the month of march board exams are scheduled all over India and add to furthermore worries one of the biggest event of sports IPL is being held. IPL has a magical impact on TV audience. rating of all premium time [...]
Franchise vs company own stores has been old debate.Both of these comes under head of organized trade. looks like franchise winning over the race for time being. Whenever a company decide to reach end user its initial plan has always been through company outlets. Franchise own company operated has quite in fashion. In this module [...]
The Mobile store, mobile retail arm of Essar has acquired CDIT brand XCITE. Xcite is brand name of the company Impact retail. It has consumer durables and Information technology product. The Mobile store was planning to expand its store in CDIT and excite is supposed to provide first hand experience.
Xcite brand name will be changed [...]
Nokia has dominated Indian market over a decade. It enjoyed market share of 70-80% in India. Rest of the market share was distributed among Sony ericsson, LG, Samsung, Motorola, Alcatel. Today Indian handset industry is valued rs. 28000 crore per annum.
However having such a large industry was never a boom for Indian economy. It maybe [...]
Essar group powered ‘The Mobile store’ has been valued rs. 1000 crore. A private equity firm IL&FS has acquired 10% share for rs. 100 crore. It has been confirmed by Essar however details has not been pursed out. The mobile store is India’s biggest mobile retail chain. They have acquired Xcite recently and now sold [...]
Mobile retailing in India is estimated to rs. 28000 crore per year. It is divided among organized trade and unorganized trade. organize trade has only 10-12% share of it rest is done by unorganized trade. Major players in organized trade are The mobile store (Essar group), Hotspot spice (BK Modi group), Planet M (Videocon), One [...]
Indian retail sector has been revived. First sign of recovery of economy was sent by retail sector. Advantage of dealing with end user is that you have first hand experience of everything joy and fury.
