Fashion

Ethos Q3 reflect Consumer Optimism

Manyavar parent SSSG grows 47% over FY20

Louis Vuitton creates Insta filter for collaboration with ace designer

Merc Maybach S680 – first car bought by a Retail Entrepreneur

ABFRL strengthens TMRW with grand scale plans and D2C acquisitions

Garnier Opens Plastic Waste Collection Center – to Integrate Ocean-bound Plastic into Packaging

E-Commerce

Flipkart spent Rs. 15,020 Cr to earn Rs. 10,476 Cr in revenues
E-Commerce

Flipkart spent Rs. 15,020 Cr to earn Rs. 10,476 Cr in revenues

December 15, 2022
Big Basket spent Rs. 1.10 to earn Re. 1 in FY 21-22; Losses climb 4x
E-Commerce

Big Basket spent Rs. 1.10 to earn Re. 1 in FY 21-22; Losses climb 4x

October 11, 2022
Victoria’s Secret onboards Amazon

Victoria’s Secret onboards Amazon

June 25, 2022
Vinod launches 100% Virgin Aluminium Cookware
Indian Ecomm

Vinod launches 100% Virgin Aluminium Cookware

January 21, 2022
Wednesday, February 8, 2023
  • Login
Retail Updates
No Result
View All Result
  • FMCG
    • FMCG Food
      • Indian FMCG – Food
      • Regional FMCG – Food
      • StartUps FMCG – Food
      • International FMCG – Food
    • FMCG Non-Food
      • Indian FMCG Non-Food
      • Regional FMCG Non-Food
      • Startups FMCG Non-Food
      • International FMCG Non-Food
  • Fashion
    • Luxury
    • Womens’
    • Menswear
    • Kidswear
    • Innerwear
    • Accessories
      • Cosmetics
      • Eyewear
      • Footwear
      • Leather
      • Personal Care
      • Watches
      • Wearables
  • F&B
    • QSR
    • Traditional
    • Cloud Kitchens
  • E-Commerce
    • Amazon
    • Indian Ecomm
    • Services
  • Malls
    • Mall Chains
    • Standalone Malls
  • International
    • USA
    • Singapore
    • China
    • Middle East
    • SE Asia
    • Europe
    • Oz & Nz
    • SouthAm
  • Specialty Retail
    • Travel Retail
      • Airports
      • Metro Rail
      • Railways
      • Highways
    • Auto Retail
      • 2W
      • 4W
      • EVs
      • Fuel Retail
    • Liquor
    • Salons
    • CDIT
    • Grocery Retail
    • Home Improvement
  • Entertainment
    • Cinemas
    • Multiplex
    • OTT Platforms
    • Theme Parks
    • Others
  • Retail Tech
    • Digital
    • Retail AI
    • PoS S/w
    • Payments
    • Credit Cards
    • Crypto
    • Tech Delivery
  • Cities
  • Corporates
    • Industry Info
    • Global
      • Apple
      • Nestle
      • Walmart
      • Starbucks
      • Shell
    • Indian
      • Aditya Birla
      • Arvind Fashions
      • Future Group
      • Reliance
      • Tata Group
      • Shoppers Stop
      • ITC
      • HUL
      • Marico
      • Britannia
      • Dabur
      • Patanjali
      • Reckitt
      • Colgate
    • Listed Cos.
  • Opinions
    • Blogs
    • Videos
    • Interviews
    • Lockdown Impact
    • Editor’s Note
Retail Updates
Star Bazaar is the shining Star for TRENT during FY 20-21

Star Bazaar is the shining Star for TRENT during FY 20-21

by Editor
June 21, 2021
in Corporates, Fashion, FMCG, Listed Cos., Tata Group
Reading Time: 2 mins read
0

TRENT Ltd., the listed arm of Tata Sons operates half a dozen concept such as 174 Westside stores in 90 cities, 133 Audio Stores in 57 cities, 60 Star stores in 7 cities, 21 ZARA fashion stores in 11 cities, 9 Booker / Value Mandi in 3 cities and a dozen stores of Landmark, Massimo Duti and Utsa put together. While the company reported a turnover of Rs. 2,592.96 Cr for FY 20-21, against Rs 3,485.98. for FY 19-20, the turnover for Star – the Grocery and FMCG business shrunk by just 2.3% from 1,235 Cr in the last fiscal to Rs. 1,206 in the previous fiscal.

Star stores, a 50:50 JV with UK’s Tesco operates in 3 formats, namely Star Market, star Hyper and Booker Value format & wholesale stores. The consolidated losses for this vertical fell from Rs. 166 Cr. in FY 19-20 to Rs. 97 Cr in FY 20-21 in the back of sharp pricing, moderation of marketing and other operating expenses. The company works closely with over 800 farmers across India and sources most of its needs for Fruits and Vegetables directly, thereby ensuring quality standards as well as high margins.

YOU MAY ALSO LIKE

Ethos Q3 reflect Consumer Optimism

Manyavar parent SSSG grows 47% over FY20

Private label other than in Staples, apparel and Fresh products comprised 9.5% amongst participating categories. Across 450 SKUs among Private Labels, these brands ranks 1 or 2 among national and international brands, thanks to their impactful pricing coupled with large displays and visual merchandising.

The company added 7 lakh new customer in the flagship “WestStyle Club”, the loyalty platform which includes formats such as Westside and Utsa which contributed 80% to the retail chains’ turnover during the last fiscal. Average bill value grew to Rs. 2,574 by 9% over last year while the number of items per bill increased 13% over the last year.

While Westside stores – the mass family stores are spread over 18,000 sft, Zudio is focussed more on discerning and aspirational customers with sharp price points and are spread over 6,000 – 7,000 sft, thereby increasing operational efficiency as well as an increased reach due to a lower Capex of Rs. 3 Crores compared with double for Westside stores. Zudio’s revenues for the FY 20-21 reduced by over 40% to Rs. 480 Cr. (from Rs. 507 Cr), Westside sales shrunk

The Annual Report for the company can be accessed here.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Skype (Opens in new window)
  • Click to email a link to a friend (Opens in new window)

Like this:

Like Loading...

Related

Tags: FMCGTATA
ShareTweetShare

Related Posts

Ethos Q3 reflect Consumer Optimism
Latest News

Ethos Q3 reflect Consumer Optimism

February 4, 2023
Manyavar parent SSSG grows 47% over FY20
Menswear

Manyavar parent SSSG grows 47% over FY20

February 2, 2023
Reliance Retail’s wrench is to tighten FMCG supply chain, not to break’em
Grocery Retail

Reliance Retail reports Rs. 67,000 Cr Q3 revenues

January 21, 2023
PVR Cinemas admits reduce in Q3 compared with 2019
Entertainment

PVR Cinemas admits reduce in Q3 compared with 2019

January 20, 2023
D’Mart Earnings surge 106% for Q3, 105% for H1
DMart

D’Mart Q3 Results looks promising

January 20, 2023

Listed Companies

PVR Cinemas admits reduce in Q3 compared with 2019
Entertainment

PVR Cinemas admits reduce in Q3 compared with 2019

by Editor
January 20, 2023
0

PVR Cinemas, India's largest multiplex chain had 1.78 lakh seats across 821 screens in India during the 9 months of...

Read more
Back to work impact – Metro Shoes reports highest ever revenues in Q1 FY23

Back to work impact – Metro Shoes reports highest ever revenues in Q1 FY23

October 11, 2022
Reliance Retail posts best-ever performance in Q1 FY2223, more to come

Reliance Retail posts best-ever performance in Q1 FY2223, more to come

August 14, 2022
Titan Industries grows 36% yoy | Tanishq Jewelry by 37% over FY 20-21

Titan Industries grows 36% yoy | Tanishq Jewelry by 37% over FY 20-21

March 6, 2022
Dominos India now at 1,500 locations – Revenues up 13%

Dominos India now at 1,500 locations – Revenues up 13%

March 6, 2022

FMCG

Quick Commerce – End of the Road?

Flipkart spent Rs. 15,020 Cr to earn Rs. 10,476 Cr in revenues

Big Basket spent Rs. 1.10 to earn Re. 1 in FY 21-22; Losses climb 4x

Daawat celebrates World Biriyani Day

Retail Horoscope for May 2022

Metro Cash & Carry expands frontiers in home turf Karnataka

Cities

Tamil Nadu allows Retailers to operate 24/7
Cities

Tamil Nadu allows Retailers to operate 24/7

by Editor
July 3, 2022
0

Tamil Nadu Government allows Retailers to operate 24/7, 365 days a year. Move to boost festival sales especially; retailers ecstatic...

Read more
LuLu Group to play LaLaLa in Tamil Nadu

LuLu Group to play LaLaLa in Tamil Nadu

May 1, 2022
Sunday Lockdown in TN may go – if cases reduce: Minister

Sunday Lockdown in TN may go – if cases reduce: Minister

March 6, 2022
KA State relaxes Weekend Lockdown; Shops, Restaurants to remain open

KA State relaxes Weekend Lockdown; Shops, Restaurants to remain open

January 21, 2022
D’Mart Earnings surge 106% for Q3, 105% for H1

D’Mart Q3 shows rural economy is bouncing back

January 12, 2022

Who We are…

Retail Updates strives it’s best to curate the latest in the world of Retailing from across the world and offers insights and analyses.

No Result
View All Result

In case you missed…

  • Ethos Q3 reflect Consumer Optimism
  • Manyavar parent SSSG grows 47% over FY20
  • PVR opens at Chennai Airport

Search by Tags

E-Commerce F&B Fashion FMCG Industry Info Latest News Listed Cos. Lockdown Impact QSR
  • FMCG
    • FMCG Food
      • Indian FMCG – Food
      • Regional FMCG – Food
      • StartUps FMCG – Food
      • International FMCG – Food
    • FMCG Non-Food
      • Indian FMCG Non-Food
      • Regional FMCG Non-Food
      • Startups FMCG Non-Food
      • International FMCG Non-Food
  • Fashion
    • Luxury
    • Womens’
    • Menswear
    • Kidswear
    • Innerwear
    • Accessories
      • Cosmetics
      • Eyewear
      • Footwear
      • Leather
      • Personal Care
      • Watches
      • Wearables
  • F&B
    • QSR
    • Traditional
    • Cloud Kitchens
  • E-Commerce
    • Amazon
    • Indian Ecomm
    • Services
  • Malls
    • Mall Chains
    • Standalone Malls
  • International
    • USA
    • Singapore
    • China
    • Middle East
    • SE Asia
    • Europe
    • Oz & Nz
    • SouthAm
  • Specialty Retail
    • Travel Retail
      • Airports
      • Metro Rail
      • Railways
      • Highways
    • Auto Retail
      • 2W
      • 4W
      • EVs
      • Fuel Retail
    • Liquor
    • Salons
    • CDIT
    • Grocery Retail
    • Home Improvement
  • Entertainment
    • Cinemas
    • Multiplex
    • OTT Platforms
    • Theme Parks
    • Others
  • Retail Tech
    • Digital
    • Retail AI
    • PoS S/w
    • Payments
    • Credit Cards
    • Crypto
    • Tech Delivery
  • Cities
  • Corporates
    • Industry Info
    • Global
      • Apple
      • Nestle
      • Walmart
      • Starbucks
      • Shell
    • Indian
      • Aditya Birla
      • Arvind Fashions
      • Future Group
      • Reliance
      • Tata Group
      • Shoppers Stop
      • ITC
      • HUL
      • Marico
      • Britannia
      • Dabur
      • Patanjali
      • Reckitt
      • Colgate
    • Listed Cos.
  • Opinions
    • Blogs
    • Videos
    • Interviews
    • Lockdown Impact
    • Editor’s Note

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
 

Loading Comments...
 

    %d bloggers like this: