Fashion

Victoria’s Secret onboards Amazon

Fashion Retail sizzles amidst looming 4th wave of Covid

Ethnic wear brand Shree launches flagship store at New Delhi

Vegan cosmetic brand Brillare charts massive expansion plans

Kamal Haasan to launch D2C brand KHHK

Aditya Birla Fashion adds Masaba to it’s fashion retail cart

E-Commerce

Vinod launches 100% Virgin Aluminium Cookware
Indian Ecomm

Vinod launches 100% Virgin Aluminium Cookware

January 21, 2022
Ola! Now get Groceries in 10 mins
E-Commerce

Ola! Now get Groceries in 10 mins

March 13, 2022
Shadowfax goes the extra mile to vaccinate its fleet
E-Commerce

Shadowfax goes the extra mile to vaccinate its fleet

January 21, 2022
Kamal Haasan to launch D2C brand KHHK
E-Commerce

Kamal Haasan to launch D2C brand KHHK

January 25, 2022
Sunday, May 22, 2022
  • 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
Some Retailers are opening new stores during this pandemic!

Some Retailers are opening new stores during this pandemic!

by Editor
June 30, 2021
in Industry Info, Lockdown Impact
Reading Time: 4 mins read
0

In what is considered to be extremely encouraging, retail chains across categories are opening new stores and newer formats during the pandemic, bringing a lot of cheer to the ecosystem while also encouraging others to not give up, sustain and innovate. Here are a few notable ones which are most recent.

Pothys, a department store chain which originated in the southern tip of Tamil Nadu at Tirunelveli several decades back and eponymous for it’s grand stores across Chennai and other cities announced the opening of a new format – to sell Jewellery! As one would imagine, the pandemic has thrown a sharp spoke on the “India Shining” story and Jewellers across the country missed several precious shopping occasions in the year 2020 and 2021 such as “Akshaya Thrithiya” and “Dhan Teras” apart from several muted “Muhurat” days through the past 15 years due to small-scale Marriages. While weddings contribute significantly for Jewellery Retailers, Gold shopping in India is more for a rainy day and is considered the safest investment, especially for the aspiring middle class which doesn’t take an easy bet on real estate, mutual funds or Equity markets.

YOU MAY ALSO LIKE

Retail Horoscope for May 2022

Fashion Retail sizzles amidst looming 4th wave of Covid

Pothys Swarna Mahal, the exclusive jewellery retail store from the group which once had South Sensation and Padmashree Dr. Kamal Hassan as their Brand Ambassador shall open the centre at Tirunelveli, the family’s home town where they opened their first store too. This could be the first of many more to come going by the scale and speed of thr group which now caters to the entire household, akin to Wal-Mart selling everything from apparel to grocery products. Incidentally, Nalli Silks, which also has a 70 year legacy in India launched their gold retail stores several years back. Local giants such as GRT, Lalitha Jewellery, Thangamayil, AVR Swarna Mahal have each over 15-25 stores spread across the state while national chains such as Tata’s Tanishq & Kalyan Jewellers have a presence pan-India.

Croma, the country’s second largest electronics retail chain with around 200 stores opened their newest one recently at Latur, a Tier 3 town in Maharashtra. Not surprising that CDIT Retailers are now focussing on smaller towns due to a large population which living in metro cities, has migrated to their home towns due to the pandemic and on WFH mode! KFC opened a new outlet at Chandigarh while Pizza Hut opened a new one at Hyderabad, Nanded and Vishakapatnam. Lotto, a globally renowned footwear and accessories brand opened a new store at Gauhati and Dehradun. Chaayos, one of India’s largest tea-retail chains opened at a mall in Delhi where footfalls are back after all the chaos that reigned between Mar-May 2021. It’s been raining new store openings for many while some have shut down their stores recently due to unviable business conditions and uncertainty due to the pandemic.

In Chennai, the renowned neighborhood coffee vending chain “Madras Coffee House” opened a new store today while Madurai based “Suxus” which focuses on street fashion with abundant range and deep pricing shall open a new store later this week, also in the State capital. Specsmakers, an Optical Retail chain with over 250 stores across South India announced its plans to expand it’s network through franchising with a returns of 200% and an average payback period of 3 years. Recently, there was a scathing report in the local media that many restaurants are up for sale in Chennai as well as many part of the State and the Country, since the owners or franchisees didn’t see a glimmer of hope in the coming months to continue their business any further. WITCO, a retailer selling luggage and travel gear, popular across South India for the past 3 decades with a 50 year legacy, recently wound up their business as they found that there was no scope for an immediate travel and tourism industry recovery.

Overall, it seems to be a mixed bag for retailers. Those who shall survive and thrive are those who choose to innovate while many others will have no choice left other than to perish. The impact of the Covid-19 pandemic and blaming the Government for poor economic support are easy choices to propose but there is a silver lining from those thousands of Entrepreneurs and Business houses who are finding newer ways not just to survive but also to grow. Kudos to them. May your tribe increase.

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 this to a friend (Opens in new window)

Like this:

Like Loading...

Related

ShareTweetShare

Related Posts

Retail Horoscope for May 2022
Industry Info

Retail Horoscope for May 2022

May 1, 2022
Fashion Retail sizzles amidst looming 4th wave of Covid
Fashion

Fashion Retail sizzles amidst looming 4th wave of Covid

April 27, 2022
LuLu Group to play LaLaLa in Tamil Nadu
Industry Info

All is well, says Retailer‘s body; 12% growth over 2019 levels

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

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

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

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

January 21, 2022

Listed Companies

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

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

by Editor
March 6, 2022
0

Bouyed by an overwhelming growth in footfalls across key formats by over 30%, Titan Industries posted a whopping 36% yoy...

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

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

March 6, 2022
Reliance Retail revenue grows 52% YoY – Q3 FY 21-22

Reliance Retail revenue grows 52% YoY – Q3 FY 21-22

March 6, 2022
D’Mart Earnings surge 106% for Q3, 105% for H1

D’Mart Q3 shows rural economy is bouncing back

January 12, 2022
Titan adds 95 stores in Q3, grows 36% yoy Sales

Titan adds 95 stores in Q3, grows 36% yoy Sales

January 12, 2022

FMCG

Metro Cash & Carry expands frontiers in home turf Karnataka

Ola! Now get Groceries in 10 mins

From FabMall to Fresho – it’s a full circle!

Reliance Retail’s wrench is to tighten FMCG supply chain, not to break’em

TASMAC wine shop sales decline marginally

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

Cities

LuLu Group to play LaLaLa in Tamil Nadu
Cities

LuLu Group to play LaLaLa in Tamil Nadu

by Editor
May 1, 2022
0

UAE based LuluGroup to set up a #hypermarket in #Coimbatore and a #ShoppingCentre in #Chennai plus a food processing centre...

Read more
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
Starbucks opens 250th cafe in India, surprises market with locations

Starbucks opens 250th cafe in India, surprises market with locations

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.

In case you missed…

  • Will Metro AG carry no cash & move on?
  • Akshaya Thrithiya Sales rebound to 2019 levels
  • Retail Horoscope for May 2022

Search by Tags

E-Commerce Fashion FMCG Indian Ecomm Industry Info Latest News Listed Cos. Lockdown Impact USA
  • 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...
 

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.
    %d bloggers like this: