So today we are going to cover the expanse of Indian retail. From the time they started..and analyse if we see any interesting patterns
1863: Spencer’s retail
Spencer’s Retail has been part of the Indian retail landscape since 1863 and was originally set up by Mr John William Spencer. It acquired Indian ownership in the 1960s, and became part of the RPG Group in 1989.
Bata India is the largest retailer and leading manufacturer of footwear in India and is part of the Bata Shoe Organisation. It was incorporated as Bata Shoe Company Private Ltd in 1931 and was set up initially as a small operation in Konnagar (near Kolkata) in 1932
Fabindia is India’s largest private platform for products that are made from traditional techniques, skills and hand-based processes. It started as a wholesale export company and has since successfully established itself as a major retail player in the Indian market. Fabindia’s first retail store opened in New Delhi in 1976.
The Joyalukkas Group has rapidly expanded its foothold all over the globe since its inception in 1987. The Group has grown tremendously, with over 10 million customers, employing a highly committed and satisfied team of over 6,000 people in 10 countries.
It was started in 1991 with its first store in Andheri, Mumbai. It ranks among the top retail stores in the country and is well known for its best services. It has been awarded the Hall of Fame and won has the Emerging Market Retailer of the Year Award. It has 74 stores across 35 cities in India. It is managed by K Raheja Corp Group.
Pantaloons is headquartered at Mumbai, Maharashtra and was established in the year –1997.
The first Pantaloons store was launched in Gariahat, Kolkata. It is a subsidiary of the Future group. It has more than 1000 outlets across the country and supports 35000 employees. Company’s brands include Big Bazaar, food Bazaar Brand factory, Top 10 and Sitara.
1998: Trent retail
Trent is a retail operations company established in 1998 that owns and manages a number of retail chains in India. The company runs lifestyle chain Westside, one of India’s largest and fastest growing chains of lifestyle retail stores; Star Bazaar, a hypermarket chain; Landmark, a books and music chain; and Fashion Yatra, a complete family fashion store
V Mart was first incorporated as Varin Commercial Private Limited under the Companies Act in 2002 in West Bengal. VMart Retail primarily operates in Tier II and Tier III cities.and is one of the pioneers in setting up stores across various small Indian towns and cities including Sultanpur, Ujjain, Motihari
2006: Aditya Birla retail
The company ventured into food and grocery retail sectors in 2006-7 with the acquisition of a south-based supermarket chain. Subsequently, Aditya Birla Retail Ltd expanded its presence across the country under the brand ‘more.’
2006: Reliance retail with tagline aapki khushi Hamari khuhi hai
Source: IBEF and trendingtopmost.com