While international online giants such as Amazon, Warby Parker, Zappos and Bonobos have been opening stores for some time now, the shift towards physical has become more noticeable over the last few years – in the world and in India…
In the late 90s and early 2000s, the retail industry was all gung ho about going online. Retailers wanted to get connected, design and run innovative e-commerce portals. The idea of selling the product online and delivering it in no time was being considered as a decisive move in-order to succeed. Retailers realised that hopping onto the ‘e-commerce superhighway’ was the future. Everyone hoped to become the next amazon in their chosen fields.
Cut to today and India came into 2017 on the heels of demonetisation. A country that by and large depended on cash was forced to go online. And even as the digital payments space exploded, the business of e-commerce in the Indian sub-continent received its biggest boost ever. E-tailers grew significantly to tap the burgeoning online audience through offers and innovations including easy accessibility and affordability.
In India, Flipkart is at the top of the online game with the highest top-of mind recall among consumers, Amazon has been closing the gap fast, and both companies are preparing to go to war with Alibaba, which is all set to tap the serious potential of the Indian market.
With so much happening in the online space, it comes as a surprise winds of change are breezing through the retail industry, pushing retailers towards physical stores. While international online giants such as amazon, Warby Parker, Zappos and Bonobos have been opening stores for some time now, the shift towards physical has become more noticeable over the last few years – in the world and in India.
The Indian Scenario
هذه القصة مأخوذة من طبعة May 2018 من Images Retail.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة May 2018 من Images Retail.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Leading The AI Revolution In Retail
As a leader in AI-driven retail intelligence, Sadique Ahmed, CEO, Pathfinder, understands the power of technology when it comes to improving and personalising the shopping experience for all.
Flipkart Deployed Over 10,000 Electric Vehicles in the Delivery Fleet
E-commerce major Flipkart on Monday said it has deployed over 10,000 electric vehicles (EVs) in its delivery fleet as part of a phased integration of EVs in the last mile delivery over the past few years.
Trent Q2 Profit Grows 47% to 335 Cr
Tata Group retail firm Trent Ltd. reported a 46.9% growth in its consolidated net profit to ₹335.06 crore for the second quarter ended September 2024.
Zomato, Swiggy Hike Platform Fee in Certain Cities Amid Festive Season
Online food delivery platforms Zomato and Swiggy hiked platform fees in certain cities amid the festive season. The two rivals are now charging ₹10 as a platform fee in the national capital.
The Evolution of Retail in North India
Emerging Hotspots, the Rise of Malls, and the Impact of the Residential Property Boom on the Region’s Retail Landscape
Madan Retail: Fashion for Today's Man
With a rich legacy and a keen eye on future trends, the brand continues to innovate and expand, meeting the evolving needs of its customers
Special Events in Malls
Giant Peacock, Lotus, and Swan: Orion Malls' Festive Spectacle
Building a Retail Legacy on Efficiency
Founded by Hemant Agarwal and Rahul Jhunjhunwala, V-Bazaar began operations in May 2016, opening its first store in Lakhisarai, Bihar.
From Urban Trends to Rural Aisles
V-Mart, a pioneer in the value retail segment, was founded by Lalit Agarwal in 2003—well before value retail became a widely recognized term.
Defining Elegance
Dennison has carved a niche in the menswear market with a diverse range of formal and semi-formal pieces priced between ₹999 and ₹3,999.