iPhone 6S Prices going to be slashed !

iPhone 6S Prices going to be slashed !

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Consumers are advised not to buy iPhone 6S. There has been hardly ten days left when Apple shall reveal new model of iPhone. Market is full of news about looks and aesthetics of new model. However as per NDC (Non disclosure clause) signed by all Apple employees and severe post effect if broken, No one…

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The Mobile store franchisee and E commerce

The Mobile store franchisee and E commerce

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‘The Mobile store’ is leading retail chain in Mobile retailing. The Mobile store is Essar group company. It’s current architect is Alok Gupta. Before him its CEO was Himanshu Chakrawarti. It has been pioneer of starting various initiatives and has remarkable tie ups with  Airtel, Hypermart, Shopper’s stop, Big Bazar to name a few. It…

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The Mobile store acquired Xcite Brand

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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…

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The Mobile store valued Rs. 1000 Crore

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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…

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Mobile Retailing

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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…

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