Once you’ve opened your retail store in a thriving location, it is important to cater to the specific needs of your customer base while maintaining optimal stock levels. Given that a location often caters to multiple demographic characteristics, it’s essential to develop an inventory strategy that balances customer demand with optimal stock levels. Effective inventory […]
Commercial real estate in India have been pivotal in starting your business or grow your investment portfolio. Learn what commercial real estate is and how to choose a commercial property for your business.
India hosts a wide variety of wholesale and retail markets that cater to the needs of its vast population. These markets’ diverse range of goods attract both traders and customers. This article lists some of the biggest wholesale and retail markets in India, along with the total footfall within a 5-minute walk from the market,
In the retail space, certain business models rise above the competition, reshaping how consumers shop and how businesses operate. One such business model is the category killer. Category killers are designed to dominate a specific market segment, making them crucial for businesses aiming to capture a large market share, outpace smaller competitors, and become the
Big Bazaar’s case study is a classic example of retail success and failure. Once a pioneer in Indian organized retail, it gained widespread popularity for its value-driven approach, primarily targeting the middle-class market. However, its meteoric rise was eventually overshadowed by challenges stemming from overexpansion, intense competition, and financial mismanagement. In this article, we shall
With the advent of technology and the rapid changes in consumer behavior over the past decade, different types of retailers have emerged to cater to diverse markets and unique needs. Retailers can broadly be categorized by three aspects: If you’re looking to start your retail journey, it’s essential to understand these retail types in detail
