How to build a chain: Anjan Chatterjee of Specialty Restaurants
In an interview, Anjan Chatterjee, Founder & MD, Speciality Restaurants, spoke about the different aspects of developing a chain restaurant. Edited excerpts:
|Future Group to have over 1000 convenience stores in two years|
Future Group, which runs India's largest retail chain in both value and lifestyle formats, plans to increase the number of franchisee-based convenience stores to over 1,000 in the next two years. Currently, the company has 100 franchisee-based convenience stores in Delhi and 200 stores throughout Delhi, Bangalore and Mumbai.
Thriving In The Era Of Constant Change: Challenges In The Textile And Apparel Industry
The global textile and apparel industry has evolved as distinct consumption and production hubs. Production, which was previously located in developed economies such as the USA and the EU has, over the years, shifted to India, China, Bangladesh etc. due to the cost advantage offered by these developing economies. However, with demand from developed economies slowing, the global textile and apparel industry expects to see continued demand from developing economies due to their faster economic growth.
Building A Digital Culture: How To Meet The Challenge Of Multichannel Digitization
Many traditional retailers and other customer-facing businesses have installed new digitally enabled organizations, processes, and systems. Their goal is to remain competitive by building multichannel experiences. However, even well-designed systems can be undermined by a company's established culture. The result is a divided company: one part moving into the future, the other clinging to traditional sales channels--and a delay in the much-needed transition to a multichannel operating model.
8 Social Media Tips For The Retail Industry
The retail industry has consistently been a frontrunner in terms of the adoption of social technologies. Inspired by the success of online retailers like eBay and Amazon, traditional retailers have demonstrated a degree of openness towards new technologies, social media included, that is rivaled by very few industries. This paper outlines eight simple steps that will allow companies in the retail industry to build their strategies in order to best take advantage of the opportunities presented by social media in all facets of their business.