Store Localization Archives - Third Eyesight

Ikea India: Rewriting the Playbook

admin — Wed, 18 Feb 2026 12:58:00 +0000

Kartikay Kashyap, BrandWagon, Financial Express 18 February 2026 IKEA HAS BEEN around in India for about eight years, with another three years before that spent studying the market. It has developed a range that it deems “locally relevant-like the roti maker, the tava (pan), the belan (rolling pin), and the pressure cooker -which now constitute […]

The post Ikea India: Rewriting the Playbook appeared first on Third Eyesight.

Reliance Retail targets quick commerce market, challenging Blinkit, Swiggy’s Instamart

admin — Mon, 07 Oct 2024 16:31:00 +0000

Writankar Mukherjee, Economic Times 7 October 2024 Reliance Retail has initiated efforts to enter the thriving quick commerce market in a move that is set to escalate competition for Zomato-owned Blinkit, Swiggy Instamart and BigBasket, among others. The country’s largest retailer has started offering quick commerce services in select areas in Navi Mumbai and Bengaluru […]

The post Reliance Retail targets quick commerce market, challenging Blinkit, Swiggy’s Instamart appeared first on Third Eyesight.

Uniqlo India profit jumps 25%, sales growth declines

admin — Sat, 10 Aug 2024 13:04:42 +0000

Uniqlo's sales growth in India slowed to 32% last fiscal year, but its net profit increased by 25%. The company reported a net profit of ₹85.1 crore with revenues totaling ₹824 crore for FY24. Despite a tough market, Uniqlo aims to expand by introducing smaller stores in both existing and new cities in India.

The post Uniqlo India profit jumps 25%, sales growth declines appeared first on Third Eyesight.

CCD get some respite as bankruptcy proceedings stayed for now

admin — Mon, 28 Aug 2023 14:32:00 +0000

Drop in outlets by almost 75% since FY19; group debt drops to Rs 1,711 crore in FY23 from Rs 7,214 crore in FY19

The post CCD get some respite as bankruptcy proceedings stayed for now appeared first on Third Eyesight.

Big bang later, hyperlocal companies losing steam

admin — Sun, 21 Feb 2016 07:09:00 +0000

Shinmin Bali, Financial Express Mumbai, 21 February 2016 Having created quite a stir at the time of their launch, hyperlocal companies are now witnessing a dampened mood. While several have folded up operations in some cities, others have downsized staff, tweaked the services they offer and even made alterations to their business models. A recent […]

The post Big bang later, hyperlocal companies losing steam appeared first on Third Eyesight.

Hyperlocals, Aggregators: Developing the Ecosystem

Devangshu Dutta — Thu, 21 Jan 2016 17:46:10 +0000

For all the attention paid to the entry and expansion of multinational retailers and nationwide ecommerce growth, retail remains predominantly a local activity. Aggregator models and hyperlocal delivery, in theory, have some significant advantages over existing business models. However, both business models are also typically constrained for margins.

The post Hyperlocals, Aggregators: Developing the Ecosystem appeared first on Third Eyesight.

Hyperlocals may not have it so easy, after all

admin — Tue, 08 Sep 2015 07:12:00 +0000

Devina Joshi, Financial Express Mumbai, 8 September 2015 Recently, there was news of restaurant reservation site EazyDiner expanding operations to Mumbai from the National Capital Region, having secured Series A funding worth $3 million led by existing investor DSG Consumer Partners, and Saamna Capital. As per a PwC analyst, investors have pumped more than $150 […]

The post Hyperlocals may not have it so easy, after all appeared first on Third Eyesight.

The Franchise “Space Programme”

Devangshu Dutta — Thu, 05 Dec 2013 07:40:09 +0000

Franchising isn’t rocket science, but advanced space programmes offer at least one parallel which we can learn from – the staging of objectives and planning accordingly.

The post The Franchise “Space Programme” appeared first on Third Eyesight.

Local Chains

Devangshu Dutta — Sat, 16 May 2009 16:46:50 +0000

There is a need for stores to be consistent across a chain, but can the consistency be restrictive and lead to a less locally relevant product mix? How much localization is good for a chain and what could be the ways to make it happen? (More...)

The post Local Chains appeared first on Third Eyesight.

Indian Consumer – Really Hard Nut to Crack?

Amit Singh — Wed, 01 Oct 2008 17:00:50 +0000

Do we really think that the Indian consumer is a cost-focussed idiot? An insight into Indian consumer's behaviour and a few do's and dont's.

The post Indian Consumer – Really Hard Nut to Crack? appeared first on Third Eyesight.