Improving footfalls on the backdrop of various discount schemes offered by the retailers, stimulated hopes of faster recovery of the Indian Retail sector during FY13. Correspondingly, the sales volumes across the retail segments increased on y-o-y basis. However, the operating margins of the retailers failed to improve during FY13, primarily owing to the increase in input costs.To counter the same, the retailers adopted various measures such as closure of non-viable stores, re-negotiation of store rentals, effective manpower planning in view of the store size and SKUs therein.
During FY13, SSS performance of the retailers remained unchanged as compared to last year. With high interest rates and lack of fund-raising avenues from the capital markets, the availability of capital further remained a major constraint to the Indian retailers during FY13.
CARE Research's report on ‘The Indian Retail Sector’ seeks to answer queries such as: What is the expected growth of India's Private Final Consumption Expenditure (PFCE)? What is the expected size of Indian retail & Organised retail industry? To what extent would the penetration of organised retail increase from the current level? What are the challenges the industry is likely to face in the foreseeable future?
With Indian retail data spanning from FY09-13 garnered through a well-established network of primary and secondary sources and CARE Research's outlook on the industry for the period FY14-FY17 on retail sales, organised retail penetration etc., the report is indispensable for any company in the Retail sector, banks/FIs, policy makers, research & academic organizations, other international and national agencies etc. Additionally, the four quarterly updates from the date of subscription accompanying the said report would form a potent tool for the subscribers to keep abreast of the happenings in the industry.
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