Story archive for ‘Retail’

Valyoo launches Jewelskart: exclusive fashion jewellery portal

Valyoo Technologies Pvt.Ltd. (Delhi), which has presence in fashion accessories through e-commerce websites like Lenskart.com, Watchkart.com and Bagskart.com, has launched Jewelskart.com, an e-commerce portal dedicated to fashion jewellery. Right now it offers three categories Gold jewellery, Silver jewellery and Branded Read full story…

Government will allow FDI in retail

Retail in India

After hobbling on a proposal paper, released in July 2010 by the Department of Industrial Policy and Promotion (DIPP), to allow 51 per cent foreign direct investment (FDI) in multi-brand retail in India, the discussion seems to finally be reaching Read full story…

Flipkart sets up warehouse in Kolkata

Flipkart.com, India’s largest online bookstore founded by two former colleagues at Amazon.com has set up a facility of 12,000 sq ft in Kolkata to tap into the eastern India market with an inventory size of 2 lakh SKUs. Flipkart currently Read full story…

Retail Terms: Must Read

Power Center Shopping center that is dominated by several large anchors, including discount stores (Target), off-price stores (Marshalls), warehouse clubs (Costco), or category specialists such as Home Depot, Office Depot, Circuit City, Sports Authority, Best Buy, and Toys “R” Us. Read full story…

Retail Terms: Must Read

accrued liabilities Liabilities that accumulate daily but are paid only at the end of a period. activity-based costing (ABC) A financial management tool in which all major activities within a cost center are identified, calculated, and then charged to cost Read full story…

Retail Terms: Must Read

retail market A group of consumers with similar needs (a market segment)and a group of retailers using a similar retail format to satisfy those consumer needs. retail strategy A statement that indicates (1) the target market toward which a retailer Read full story…

Retail Terms: Must Read

direct investment The investment and ownership by a retail firm or a division or subsidiary that builds and operates stores in a foreign country. diversification opportunity A strategic investment opportunity that involves an entirely new retail format directed toward a Read full story…

Retail Terms: Must Read

bargaining power of vendors A competitive factor that makes markets unattractive when a few vendors control the merchandise sold in it. In these situations, vendors have an opportunity to dictate prices and other terms, reducing retailer’s profits. barriers to entry Read full story…

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