With a remarkable percentage of increase in the working women, the retail industry has surged extremely in India. Out of all segments- the food and grocery segment leading the retail industry followed by clothing and footwear. Books and entertainment segment is also lined up for the next. Pantaloons Retail tops the list over 1000 stores in India, followed by K Raheja Group with its stores in 17 cities, Tata Group, and RPG Group.
The change in the pattern of consumption of the Indian population with remarkable percentage of women in the corporate environment has unarguably resulted into the surge of the Indian retail industry. Out of all the retail segments, the food and grocery have grabbed the highest percentage of the retail sales followed by the clothing and footwear. The list includes entertainment, books, and sports equipments at the next position surpassing the other retail segments.
Here is the list of some of the best retail stores those have acquired the most of the shares in the Indian market:
Pantaloon Retail: Pantaloon Retail is the flagship company of the Future Group. It operates over the space of 16 million square feet and is spread across 73 cities with 1000 stores in India. During 2011, with the launch of first hypermarket Big Bazaar in India, it has possessed a greater share in the market, and employs over 30000 people.
This company also operates in other segments besides food and grocery. It operates in home solutions, consumer electronics, shoes, books, music and gifts, health and beauty care services, e-retailing, and entertainment, and it gives a boost to the turnover of the company making it one of the top players in Indian retail.
K Raheja Group: This Company forayed into retail in 2001 with the launch of India’s first departmental store- The Shopper’s Stop, and then it became the only retailer to be listed as a member of the prestigious Intercontinental Group of Departmental Stores (IGDS). With over 39 stores in 17 cities, it is spread over 2.05 million square feet area and has a national presence.
It has also owned book store-Crossword and other premium shopping destinations for technology, appliances, sports, and fashion. It operates in other segments: home furnishing, furniture and décor, mother-care, airport retailing, entertainment.
Tata Group: With its one of the subsidiaries, it operates a lifestyle retail chain- Westside and a hypermarket- Star India Bazaar- marketing products at the lowest prices. It has acquired one of the largest book and music retail stores in India- Landmark. It also owns Croma- an electronics chain, Titan- a watch brand, and Tanishq- a jewellery brand.
RPG Group: RPG Group has made one of the finest entries in organized food and grocery retail with Foodworld Stores in 1996. Then, after its alliance with Dairy farm International has dissolved, it has Spencer’s different formats and Music World stores across the country.