Business Daily from THE HINDU group of publications
Tuesday, Jan 01, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Tuesday, Jan 01, 2008 ePaper | Mobile/PDA Version |
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Marketing
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Outlook ‘ A coming out year for retail’ Our Bureau Chennai, Dec. 31 On the year gone by for the retail industry The year gone by was a “coming out” year for the retailing industry. Many “more” players joined the industry, and announced plans. Consumers, farmers and employees benefited, and there was some resistance – but it is inevitable when change happens. On milestones for Aditya Birla Retail The acquisition of Trinethra, start-up and build-out of our business, roll-out of the first “More” store in Pune and subsequently in Mumbai, Ahmedabad, Delhi, and shortly in Kolkata, Jaipur, Punjab. Re-branding of all the Trinetra/Fabmall stores in the South. On expectations for the industry in 2008 I see continued growth for the industry. Broadbasing in terms of players, formats and increasing acceptance from consumers On a wishlist for the industry Lower real estate prices, more sane competition, better infrastructure, better vendor performance! More Stories on : Outlook | Retailing
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