The retail sales during the festive season
have been decent but the global meltdown is for sure pinching the
pockets of certain sectors like real estate, aviation, broking houses
and business services. Though many retailers persists that they haven’t
been affected by the slowdown, they are conscious of the environment
and are taking steps to manage their resources effectively. Unreasonable
high rentals, highly-paid underperforming staff and unprofitable stores
are supposed to be upsetting the balance sheets of many companies. READ MORE...
A study conducted by Technopak reveals
that of the entire Rs 4,300-crore home furnishing industry, the market
share of the organized part accounts for just Rs. 550 crores, a miniscule
figure. This leaves huge growth prospects that can be explored through
franchise plus. READ MORE...
The Indian travel and tourism market ---
comprising tour operators, travel agents, hotels, airlines, railways,
car rentals and money exchange service providers --- has grown at
the rate of 14.8% to top $26.1 billion mark at the end of 2007. READ MORE...
As soaring, poor mall management, dwindling
footfalls and lower conversions take toll of the retailers, the
big question is whether it’s still profitable to do retail
& franchise business in a mall. By DEEPA THOMAS & VINOD
BEHL. READ MORE...
The rapid growth of Rs 35,000-crore entertainment
industry has spawned hot new trends of multiplex cinema, home video,
DTH, gaming and family entertainment centres; providing great scope
for profitable retailing or for that matter franchising business.
Deepa Thomas takes a close look at the evolving situation.
With the Indian economy headed for a long-term
growth story, leading financial service providers including banks,
insurance, stock broking, money transfer and money exchange entities
and wealth management companies are looking at newer ways to woo
the customers through various distribution channels, thereby offering
promising franchise opportunities.
