Retail

Brand Conscious Japanese consumer shifting towards Private Labels and hunting for value.

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Japanese Consumer: who used to be highly brand conscious, and love to spend extra for that perceived value and convenience instead of, going for private labels and other cheaper products from the local retailers; is now hunting for value, spending more time at home with families and friends and becoming more and more conscious about their health and environment.

Impact of Organized Retail on Indian Traditional Retailers

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The retail business in India is estimated to grow at 13% annually from US $ 322 billion is 2006-07 to US $ 590 billion in 2010-12. The study conducted by ICRIER (Indian council for research on international economic relations) shows that, The traditional retail sector is expected to grow at about 10% per annum with sales rising from US $ 309 billion is 2006-07 to US $ 496 billion in 2011-12.

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