‘Every airport is a potential store for us’ - retail4growth.com
Sep 18, 2024 · Kumar, however, is quick to clarif y, “ Both online and offline will continue to play their own important roles. Growth rate for online will remain higher, at least for us, as the reach is wider and hence the numbers will be higher, but both will grow in a healthy manner and there’s no cannibalisation and are not replaceable by each other.O nline is …
‘Managing expectations while showing the value of AI-driven …
Nov 26, 2024 · What I find particularly compelling is how AI is helping us create more intuitive store designs. By analyzing customer behavior patterns – everything from how long people spend in different areas to how they interact with products – we can make data-backed decisions rather than relying solely on traditional design principles or gut instinct.
Deloitte – FICCI report show shifting consumer behaviour in FMCG …
Oct 8, 2024 · The report, an analysis of India’s economic performance, GDP growth, inflation trends, and their implications on fast-moving consumer goods (FMCG), retail, and e-commerce, throws light on key trends shaping the FMCG sector, including consumer behavio u r, premiumisation, digital transformation, and sustainability.
Snitch marks 25th store milestone in 8 months, plans pan-India …
Sep 26, 2024 · Reiterating its focus on offline expansion, f ashion brand Snitch has announce d the opening of its 25th store in Dehradun, marking a significant milestone in its plans.The brand started its offline expansion by opening its first store in Bangalore and in the last 8 months has opened 25 stores in cities like Pune, Ahmedabad, Gandhinagar, Bangalore, Indore, Dehradun, Surat, Mumbai, and many ...
Retail wrap-up 2024: 5 things that caught the radar
6 days ago · The rising QC effect. There was an increased urgency to the way in which quick commerce (QC) became a talking point this year. From retailers bodies calling for tech support to help kirana stores and small retailers manage the challenge posed by quick commerce and regulatory intervention to curb unhealthy competitive practices by QC players to FMCG brands’ shifting presence in traditional ...
India Post, Shipway partner to enhance delivery across tier-2, tier-3 ...
5 days ago · India Post, Shipway partner to enhance delivery across tier-2, tier-3 cities. By Retail4Growth Team | January 02, 2025. Shipway is the logistics aggregation arm of Unicommerce and the partnership with India Post aims to enhance the last-mile delivery services for e-commerce brands and retail companies across markets in the country.
EKAM 2024 showcases DEI leadership and innovation in Retail
Nov 13, 2024 · The EKAM - All Inclusive Summit 2024, held at the Taj Santacruz in Mumbai on November 12, brought together industry leaders, HR professionals, and diversity advocates to discuss and promote DEI (Diversity, Equity, Inclusion) practices in the retail sector. The event, organised by the Retailers Association of India (RAI), featured a mix of panels, presentations, and personal stories.
How contactless payment is reshaping retail
Oct 18, 2024 · How contactless payment is reshaping retail. October 18, 2024 “ The emergence of technologies like wearable payment devices, biometric authentication, and IoT integration will further reshape how transactions occur, making payments not only touchless but also frictionless. This evolution will also impact store layouts and customer flow,” says Himaghna Dey Sarkar, COO of global tech ...
RAI’s report says that the festive season accounted for 7% growth …
Dec 30, 2024 · Retailers Association of India (RAI) has released their 56th Retail Business Survey, reporting a 7% growth in the retail sector from 7 October 2024 to 1 December 2024 compared to the same festive period last year (2 October 2023 to 26 November 2023).
“Consider Retail as an essential service,” says RAI in its Pre-Budget ...
Dec 18, 2024 · One of the things RAI highlights in its Pre-Budget Memorandum is b oost ing r etail and c onsumption. “ To ensure the growth of the sector, the Union Budget for FY 23–24 should focus on generating demand and spurring consumption by offering benefits or concessions in the form of lower taxes. It will boost the overall consumer sentiment and benefit the retail sector.