Off late, I have been noticing a higher frequency of modern retail related news in the papers -observation constrained to two dailies as of now.
Whether this is a conscious tactic to educate the public at large about the modern retail business, or build awareness among policy makers – is something that I leave to the news channels to debate over. What is important is that it seems as if the mainstream media is taking cognizance of this format – and trying to figure out how it works.
Shared below are two links that throw some light on recent developments in this industry
Organized retailers change tack as sector evolves
http://www.livemint.com/2012/04/16230124/Organized-retailers-change-tac.html?atype=tp
Lure of the hypermarket
http://www.hindustantimes.com/business-news/Features/Lure-of-the-hypermarket/Article1-844582.aspx
The article carries the following statistics as well – numbers which I feel are on the higher side (unless they include generic hypers & specialized retailers)
Whether this is a conscious tactic to educate the public at large about the modern retail business, or build awareness among policy makers – is something that I leave to the news channels to debate over. What is important is that it seems as if the mainstream media is taking cognizance of this format – and trying to figure out how it works.
Shared below are two links that throw some light on recent developments in this industry
Organized retailers change tack as sector evolves
http://www.livemint.com/2012/04/16230124/Organized-retailers-change-tac.html?atype=tp
Lure of the hypermarket
http://www.hindustantimes.com/business-news/Features/Lure-of-the-hypermarket/Article1-844582.aspx
The article carries the following statistics as well – numbers which I feel are on the higher side (unless they include generic hypers & specialized retailers)
Let’s see what’s in store in the days to come !