News
Retailers seem to prefer standalone stores to malls
www.business-standard.com
[Business Standard] - A standalone property requires one occupancy certificate, while a mall needs multiple approvals,” says Ajit Joshi, chief executive of Croma, 70 per cent of whose stores are standalone properties. B A Kodandaraman, chairman and managing director, Viveks
Store brands shine for retailers
www.hindustantimes.com
[Hindustan Times] - “Private labels account for 30% of total sales — which is very encouraging,” said Ajit Joshi, chief executive officer at Tata's retail outlet, Croma. “Customers are even trusting private labels while buying high price point electronics including front
Temps, 60% replacements... retailers wary of hiring
www.dnaindia.com
[Daily News & Analysis] - For instance, Croma retail chain of Tata is looking to add 14 stores by March 2013, but without venturing to additional cities, said Ajit Joshi, MD and CEO, Infiniti Retail, operator of the chain. “Our 78 Croma stores are present in 15 cities. We will
Managing customer expectations
www.business-standard.com
[Business Standard] - It is better to surprise the customer with an early delivery when he is least expecting it,” says Ajit Joshi, MD and CEO, Infiniti Retail. Now look at another example. The first Asha phones from Nokia hit stores in January this year, within two months
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