In this issue

The business of franchising has been referred to as one of the
greatest ever developed. It is a key arrow in the quiver of retail,
with the maximum success guarantee. It is an operating model
which never goes out of fashion, one of the most fruitful motivating
business opportunities that can lead to the foundation of successful
retail empire. When done correctly, franchising allows the retailer
to achieve the expansion of the business and brand through able
franchisee partners in a more systematic way. However, like every
business model, franchising also requires capital, investment and
proper planning and marketing strategy.
IMAGES Retail’s November edition brings its readers the pros
and cons of franchising in retail. It also explains how franchising
model in retail continues to shine despite economic slowdown
in last one year. The issue talks about the investment required,
guidelines and other aspects related to build a successful
franchising empire. Experts and retailers from the industry outline
the challenges they have faced trying to establish a franchise
business and the parameters of choosing the right franchiser and
franchisee.

Franchising Model of Retail Continues to Shine Despite Economic Slowdown

India is one of the world’s largest and fastest emerging markets, and its vast population size and cultural diversity have made it a prime environment in which franchising can thrive. Despite the economic slowdown and the gross domestic product (GDP) at its slowest stage in the last six years, the franchising model continues to witness growth in both urban and rural regions. The franchise industry is growing at a rate of 30-35 percent per annum and the sales turnover of the sector was recently valued at over US$7 billion…

10+ mins

Senco Gold & Diamonds-The Embodiment of a Flourishing Franchising Model with 51 Stores Pan India

Suvankar Sen, Executive Director, Senco Gold & Diamonds talks about the successful franchise journey of his brand…

2 mins

PROMOD Launches First E-Origin Store in India

Focusing on hospitality and attention to detail, this first of its kind outlet ensures that the customer experiences the best styles within the store…

4 mins

COSTUME JEWELLERY: The New Penchant of Jewellery Buyers in India

Costume jewellery is the fastest-growing category in India which is projected to grow at 20 percent CAGR between 2019 and 2024. This segment is benefitting from the growing trend of consumers seeking lightweight, stylish jewellery at affordable prices…By

7 mins

A Step In The Right Direction: Customer Centricity Leads To Successful Footwear Retailing

A quick search on any marketplace e-commerce portals and the category of footwear and you will see a new brand every few days. And not just on the internet, even on high streets and in malls, you see not only EBOs of brands like BATA, Metro, Mochi, Clarks etc. but also a plethora of new brands. Footwear retailing has witnessed a dynamic revolution in the past few years. IMAGES Retail Bureau speaks with some prominent footwear players to understand what has led to this transformation and what the future holds…

10+ mins

Fashion Accessory Brand Ceriz Works To Elevate The Style Quotient Of Consumers

Fashion accessories have only recently been introduced into the formal retail experience. From a long history of being available only in the unorganised, unbranded markets in India, today, the fashion accessory has gained a strong foothold in the lifestyle shopping category…

3 mins

Read all stories from Images Retail

Images Retail Magazine Description:

Launched in 2003, IMAGES Retail magazine took on the task of analysing the emerging organised retail industry at a time when the industry itself had little data to work on. The magazine covers the gamut of Indian and International movements in retail technology, logistics and supply chain, store formats, store design, retail real estate, franchising and human resource, besides reporting on significant directions within India’s sunrise industry.

The magazine is widely acknowledged India’s leading retail intelligence publication for decades now, providing news, insights, research & analysis, intelligence and data covering retail operations across all Indian markets.

The mission of the monthly B2B magazine – published exclusively for the retail industry – is to bring industry leaders and brand owners up to date with the latest in retail technology & innovations, provide them with in-depth research, studies and analytical, insightful features which help them grow their businesses in India. The magazine aims to spark ideas and shape agendas for decision makers in India’s competitive retail industry.