Hope you had a fantastic Festive Dussehra weekend – Here is a weekly wrap-up of our top articles of last week. Although Indian Retail Sector ...Read More »
Koutons following foot-steps of Subhiksha and Vishal Retail? Will Retail Industry Claim one more Victim?
The Retail sector is touted as the new modern day industry. In fact, India has been ranked as the most attractive country for retail investment ...Read More »
The Indian retail industry has been riding a wave for the last couple of years. According to a latest report, retail sales are expected to ...Read More »
We have earlier written about rise and fall of Subhiksha, which generated quite a buzz. Many of the commentators on that post are referring to Mr. Subramaniam as self styled "Sam Walton of Indian Retail".
Have you thought how this Subhiksha mess will affect Indian startup Ecosystem. Alok Kejriwal (Founder of 2win group), on his latest blog post has put across 5 questions that I think we should seriously look at.. Alok believes, that Mr. Subramaniam's actions and representations to the media may jeopardize the fragile VC-Start Up’s ecosystem that is being built in India
Before I put those questions across, I would like to reproduce a comment that we got on our Subhiksha post earlier, it is quite interesting...
P Suryanarayanan wrote,
Subhiksha’s fall is something to do with the DNA of its founder,the self styled Sam Walton of Indian Retail(!!!!!). I know this guy right from the days when he was an executive in Enfield. His arrogance was stunning even in those days. And when such a person by hook or crook establishes a company then it will be a manifestation of his arrogance and the end is very natural. In Subramanian’s dictionary there is no word as Humility.
This comment may sound like it is coming from a disgruntled guy, but I have heard similar sentiments from my discussion to few other people as well. Do any other trak.in readers concur?
Here are 5 Questions put by Alok Kejriwal to Mr. Subhiksha aka Mr. SubramaniamRead More »
It is only a week since I blogged about Indian retail in for a heady mix. Now, we have the case of Subhiksha which is ...Read More »
Indian retail market is estimated to be at ~$350 billion and organized retail accounts for 6% of the total market. So all the Biyani’s, Ambani’s ...Read More »