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Retail: Cost vigilance throughout

(Jun 26, 2009)

In our previous articles we highlighted the issues faced by the retailers and the operational issues that impacts their ability to sustain and/or improve profitability.

Retail: Not so easy going

(Jun 24, 2009)

In our previous article we highlighted the factors that led to disappointing retail growth. Apart from those mistakes, there is an operational issue that also hurts the ability to reward shareholders for the capital invested.

Retail: Sailing through hard times

(Jun 17, 2009)

The retail sector was growing at the rate of 30% to 40% and was expected to continue growing at the same rate going forward. Transition from the traditional retail to organised retailing was expected to take place on the back of changing consumer mindset, lower penetration levels, changing demographic mix, media proliferation, etc.

Retailing: Benefits of shorter supply chain

(Sep 3, 2007)

Retailing is the final step in the distribution of goods and merchandise - the last link in the supply chain. A retailer in a true sense is an intermediary between the producer and the buyer and the trick of the business lies in curtailing the costs of intermediation.

Retail: Major players

(Jul 11, 2007)

In this article, we take a look at major retail players. Earlier, India's top retailers largely catered to lifestyle, clothing and apparel needs of the consumers. However currently, grocery stores, speciality stores like Titan and stores to cater to the needs of music and book lovers etc have also started mushrooming at various locations.

Trent: A brief overview

(Jul 9, 2007)

Trent Limited commenced operations in 1998 with a single store under the brand name ‘Westside’, which specialised in apparels. Over the years, the company has increased its product offerings and has moved into products like footwear, cosmetics, perfumes, household accessories and gifts, all in the non-food segment. In the food segment, the company, in October 2004, launched its first store – ‘Star India Bazaar’ – in Ahmedabad. The 50,000 sq ft. store provides staple foods, beverages, health and

Trent: On a new growth trajectory

(Nov 17, 2004)

Tata group's retailing arm, Trent Limited's market cap has gone up by over 22% since yesterday. What was the key reason for this? Let's take a look at the company's recent performance to get an idea. The company grew its revenues in strong double digits during the first half of FY05, continuing the trend it set in FY04. The company's topline was up over 38% during the period. However, pressure on operating margins resulted in the retailing major reporting an 11% dip in bottomline.

Trent: Beyond FY03

(Jun 19, 2003)

Trent, the Tata group's retailing arm, recently declared its FY03 results. The company posted a 36% YoY growth in revenues, while net profits rose by 65%. Trent continues to grow its topline on the back of the expansion initiatives taken during the year. We take a deeper look at the numbers, which seem to be enthusing.

Trent: Operational performance improves

(Oct 28, 2002)

The Tata Group retailing arm, Trent Limited, has reported a 36% growth in topline. However, lower other income and higher taxes during the quarter resulted in a marginal 2% dip in net profits of the company. Operationally, the performance is better than what was reported in June quarter 2002.

Trent: Operational worries return

(Aug 5, 2002)

The Tata Group retailing arm, Trent Limited, declared its June quarter results recently. The company reported a 13% growth in topline and a significant three fold jump in bottomline during the quarter. The bottomline growth was aided by interest on tax refund and a tax write back of earlier years.

Trent FY02: Sign of things to come

(Jun 24, 2002)

The retailing arm of the Tata Group has finished FY02 with a much improved operational performance. The company's turnover was up by a significant 67% YoY. However, the net profit was stagnant at last year's levels. Retail sales (volumes) increased by 72% YoY.

Trent: Encouraging retail story

(Mar 19, 2002)

The retailing arm of the Tata Group, Trent Limited, has seen its stock price jump sharply (by over 50%) in the last one month. Market circles were rife with rumours that 'Shopper's Stop', a private retailing group, has managed to privately place some part of its equity at a substantial premium. However, the truth is that the Tata Group is looking at hiking its stake in the company. This seems to have put the spotlight on Trent, which is one of the few listed retail chains in India.

Trent: Turnover growth on course but…

(Nov 12, 2001)

The retailing arm of the Tata Group, Trent Limited, continues its growth journey. The company's sales have increased by 60% YoY in 2QFY02 and by nearly 48% in the consolidated first half of FY02. But the company's expenses too have shot up thus resulting in a 16% drop in net profit in the September quarter.

Trent: Consolidating core focus

(Sep 7, 2001)

The Tata Group's retailing arm, Trent Limited, is back in the news again. As per reports, the company is in negotitations to acquire two South based food retail chains. If the deals go through then it will mark Trent's entry into the food retailing scene. The company till now runs eight 'Westside' stores in different cities, which are basically lifestyle stores.

Trent: Competition dampens margins

(Jul 25, 2001)

The Tata Group retailing arm, Trent Limited, has registered a significant 45% decline in its net profit to Rs 23 m in 1QFY02. This is despite an encouraging 36% growth in sales during the quarter. A 65% decline in its other income is largely reponsible for the depressed profitability.

Trent: 4QFY01 blues

(Jul 5, 2001)

Trent Limited, the Tata Group retailing firm, recently declared its FY01 results. The company posted a 19% decline in net profit to Rs 102 m. This was largely due to the diminution in the value of its investments. Trent had to make provisions of Rs 50 m to make good the diminution.

Trent: Can it be a Gap Inc.?

(Apr 6, 2001)

Remember Warren Buffett, the billionaire investor whose insurance cum investment company Berkshire Hathway gave a return of over 25% to investors in the year 2000. This was the same year when the tech laden NASDAQ lost 40% of its market cap in its worst loss ever.

Investments plus planning spell success…

(Mar 3, 2001)

In big cities and towns a quiet revolution is taking place in the mind of an average Indian consumer. With rising dual income nuclear families, economic prosperity is on the rise. But economic prosperity has its own pitfalls. This rising mass of professional population is hard pressed for time, and as such there is growing urge to spend ‘quality’ time.

Fashion at affordable pricing…

(Mar 3, 2001)

When the Tata Group decided to sell off their successful cosmetics company ‘Lakme’ to the consumer products major, Hindustan Lever Limited in 1997, the parting was not so comfortable for many. Among these was Ms Simone Tata, the then chairperson of Lakme, who had nurtured the company since its inception and made it one of the top most brands in India. But she decided to move on and was soon thinking as to what should be done with the huge Rs 6 billion warchest that the Group had collected as con

Trent: Good show

(Feb 6, 2001)

Trent Limited, the retailing arm of the Tata Group has shown an encouraging performance in the first nine months of FY01. The company's turnover has improved 26% YoY. As a result its operating margins have nearly doubled to 14%.

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