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CII to organise retail summit in Mumbai next month

MUMBAI: The CII National Retail Summit 2011 is scheduled to be held on 2 February in Mumbai.


This summit will serve as a springboard for ideas and allow leaders and practitioners in the sector to learn from each other to drive growth that is both inclusive and profitable at the same time. The Summit shall have keynotes, panel debates and analysis by personalities from India and abroad.
 
Topics that will be discussed are Importance of Inclusion and the Role of Organised Retail; FDI in Retail: A Key Enabler for Retail to reach its full Potential; Driving Traffic, Conversion and Basket through Merchandising and Pricing; Achieving Profitability through Best Sourcing.


There will also be a CEOs Power Session – FMCG and Retail.


The speakers include Aditya Birla Retail CEO Thomas Varghese, Tata Chemicals COO Consumer Products Division Ashwini Hiran, Shoppers Stop vice chairman BS Nagesh, McKinsey partner Ireena Vittal, Future Group CEO and member executive board Raghu Pillai, Metro Cash and Carry India MD Rajeev Bakshi, ITC business head - retail Seshu Kumar and The Boston Consulting Group partner and director Abheek Singhi.
 
One sesion looks at FDI in Retail: A Key Enabler for Retail to reach its full Potential


Retail is an investment hungry sector where growth will be fuelled by an expansion of footprint and building of a more robust infrastructure to support this footprint. It is also a sector where several innovations from around the world can be adapted and executed to increase productivity. FDI can play a crucial role in providing the Indian retail sector with both the investment and access to know-how.


The regulations restricting FDI in multi-brand retail have been under heavy discussion in the recent past. This panel will discuss different sides of the argument of this very contemporary. 
 
Another session will look at Driving Traffic, Conversion and Basket through Merchandising and Pricing. A key factor in the success in organised retail is the ability to expand revenues by increasing traffic, conversion and basket-size. Other than location, merchandising and pricing are two fundamental levers available to a retailer to influence each of these factors.


This session will provide the audience an opportunity to hear from the experts on the processes and techniques involved in achieving these goals. The panelists will share best practices on various tools available to retailers as a part of merchandising and pricing, and illustrate it with stories from their experiences.
 

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