I am writing this new article from my personal experience wherein a close friend (I shall not disclose the name due to privacy issues) was made redundant from his company, having worked for over 10 years in the company. The situation and circumstances initially made him so nervous that he went into his dormant […]
The Retail apocalypse! – is the buzzword that I hear very often within my Retail fraternity & in Retail forums while talking to brand owners as well as landlords (mall developers). Let me for a second give it a new dimension i.e. instead of calling apocalypse, let’s view it as an interesting times, a […]
As I write this article, my inspiration comes from Alibaba who is redefining Retail by leveraging technology. Before I embark on this topic, a few questions to Middle Eastern hypermarket giants like Carrefour, Lulu hypermarkets, Geant, Hyper Panda, Danube hypermarkets, Manuel, Spar, Nesto hypermarkets a)How they intend to differentiate their offerings to consumers who are […]
Amidst current economic scenario being witnessed by most retailers in middle-east region, a question that comes to every retailer’s mind is “What does the future of retail holds for them?” As you all know, Middle Eastern region is facing challenging times due to slow down in consumer’s spending power due to low oil prices & sustaining […]
I am often asked this questions in various forums, networking events ” Is Luxury retailing/ luxury goods recession proof ?” Before I comment or share my views on this question, its important to understand what makes these luxury brands so special.. Brands like Ferrari, Lamborghini, Patek phillips, Rolex, Gucci, Loewe, Hermes evoke a certain kind […]
As I embark on writing my first blog and let me give you a brief about my professional life so far… I am a Retail professional having over 17 years of work experience in Branding, Advertising and Retail sectors. I would like to share my wisdom with all of my friends in my blog i.e. […]
I am a firm believer that people remember only stories and not management jargons when it comes to real life. During one of my recent interactions with a couple of brand & social influencers, I realized that how important Story-telling is for upcoming entrepreneurs or budding professionals. So keeping this narrative in the background let […]
sales commissions etc which varies with sales going up or coming down. Off lately most retailers were focusing on Rent cost and staff costs in order to reduce by bringing some kind of optimization in their efficiencies leading to store closures. They try to cut down on their expenses like marketing costs etc in order […]
There is a saying that “There is no better teacher than Travel” and I witnessed the truth of this statement last month when I visited India for my Diwali vacations and took time off to mix this pleasure trip with some spiritual visit and decided to visit Jammu & Kashmir. I boarded a J&K transport bus and […]
As the world is changing very rapidly so is the consumer’s buying behavior which is continuously going through a transformation. One such example is our kids, you all will agree that they spend more time watching YouTube videos, engaging in apps like snapchat, Instagram, engaging with their Xbox, PlayStation rather than spending quality time playing […]
