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South Indian Cities Ride High on New Mall Supply
Despite the decline in the economy, India is set to see a generous supply of new malls over the next three years. This is largely backed by the confidence of private equity investors who have shown increasing interest in the Indian retail market...
Trends 2020: FMCG Industry Expectations from the New Decade
Rural consumption has superseded industry expectation and the size of modern retail is estimated to grow 3 times in the next 5 years. A significant change in lifestyle choices as well as substantial increase in disposable income has fueled this growth…
IFF 20th Edition Fashion Techway: Retailers Should Focus on Customer Experience to Accelerate the Future of Fashion
Pravin Srinivasan, Enterprise Sales Leader, Microsoft, lists out factors that have helped retailers across the globe reinvent themselves, change their processes, invest in tools to ensure that they get a better customer experience, raise their employee productivity and finally optimise their operations…
Market of India: India's Largest wholesale market at SPR City- Chennai's Largest Integrated Township is a Gateway to the World of Businesses
SPR City’s wholesale centre– Market of India – is aimed at bringing all trade under one roof and is projected to grow into an iconic business destination, rivalling some of the biggest trade centres in China. It is a platform to utilise the opportunities presented by the current physical and social infrastructure bottlenecks…
South India: The Birthplace of Modern Retail
South India has played a very important part in helping the Indian retail industry reach its current position of being rated as one of the most dynamic and fastpaced industries in the world. The total consumption expenditure is expected to reach nearly US$ 3,600 billion by 2020 from US$ 1,824 billion in 2017…
Soch: Evolving from a Regional Retailer to a Pan-India Brand
In nearly 15 years of its existence, Soch has grown from strength to strength and is now present in more than 200 consumer touchpoints across the country in over 50 cities. Among its many milestones, two that stand out include the commencement of its website in 2014 and the launch of its first store outside the country in 2019…
EASYBUY: REVOLUTIONISING NEO-INDIA'S FASHION RETAIL
Easybuy’s whole proposition is centered around two key consumer needs – aspiration and affordability. The brand has married an in-depth understanding of the consumer to a very unique fibre-to-fashion ecosystem to bring this unique and extremely popular format to Neo-India
Express Avenue Mall: Transforming the Way Consumers Shop in Chennai
The journey of Express Avenue mall has been quite interesting. The mall was launched amidst serious doubts about the potential of running such a huge mall in a very conservative market. The launch turned out to be a roaring success and laid to rest the arguments of many sceptics…
Top 10 Global Consumer Trends 2019
These trends provide insight into consumers’ changing values and explore how their behaviour is disrupting the business globally…
Forecast 2020: Technology & Sustainability Will Drive Indian Retail
The retail industry is going a seismic shift to become much more diverse and vibrant, something which will only continue as consumers evolve and expect experiential offerings and multi-channel connect…
We Are Bullish on India for the Next 5-10 years – Abhishek Ganguly, PUMA
With state-of-the-art digitally connected offerings, innovative engagement zones and an inhouse customisation studio, PUMA’s new flagship store is spread over 7,500 square feet, spanning three floors is located on 100 ft road, Indiranagar, Bengaluru…
Senco Gold & Diamonds Crosses 100+ Stores, Including Premium Showrooms D'signia in Kolkata and Delhi
The year 2019 has been very fruitful for the brand as it continues to grow and expand the brand’s portfolio by adding more stores in form of EBOs and franchising model…
Quest Mall: A Culmination of the Pursuit for Fine Dining in Kolkata
Kolkata has always been revered for its conventional food options, but the city can now boast of its casual fine dining, which is worth spending time and money over. The best thing of them all? Most of these dining experiences are housed under the same roof – at Level 5 and Level 6 of Quest Mall...
Manyavar: Bringing Traditional Fashion Back in Vogue
In a freewheeling chat with IMAGES Retail Bureau, Ravi Modi, MD, Vedant Fashions Pvt. Ltd., talks about the evolution of the traditional menswear market, the growth of his brand, marketing and promotional strategies employed, technology and innovations introduced and fi nally, the road ahead…
EAST INDIA: Evolving into a Brand Conscious, Product Savvy Retail Sector
The East Indian retail market has been on a growth trajectory since the evolution of new Millennials population. Analysts have attributed this upward swing to the evolving middle-class, rising disposable incomes and growing aspirations for improved living standards, especially among the Millennials. The region is at the cusp of transforming from a traditional customer base into a brand conscious, product-savvy market. Its young generation is shopping and demanding both fashion and quality along with value for money spent from retailers…
East India Emerges as Epicenter of Modern Retail Activity
As compared to other regions, East India with states like West Bengal, Bihar, Jharkhand, Odisha and the Northeastern states of Assam, Arunachal, Tripura and Mizoram, has been a late bloomer. However, growing consumerism and spending power is driving brands and retailers to shift focus from mature markets to these emerging cities…
Arambagh Foodmart: Pioneer of Modern Retail in East India
The story of how a chain of stores selling processed and ready-to-eat chicken items has evolved into becoming one of the top Food & Grocery retail chains in Eastern India with a footprint across all major cities of Bengal…
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…
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
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…
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…
Busters' New Conceptual Center Adds a Fresh Experience to the Gaming World
The new center at DSL Virtue Mall in Hyderabad is the first store under the new theme and it has a unique concept and look…
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…
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…
Gems, Jewellery, Textiles & Apparel Priority Categories For Alibaba In India
Alibaba.com established its India operations in 2008 and has since served millions of buyers and sellers. According to an analysis by the group, India ranks second in the top-20 buyer distribution list and first in the top-10 global seller distribution. Currently, Alibaba.com operates with a global network of 150 million registered members, connecting Indian SMEs with buyers across the world…
Scan & Go: Seamless Payments, Self-checkouts Disrupt Consumer Experience
With the majority of online growth driven by pure-play e-commerce brands, most retailers still rely more on in-store purchases than online sales. Services like self-checkout and cashier-less payment systems then make a huge impact here. Couple this technology – the buzzword for today’s Millennial shopper – with loyalty programs and traditional retailers have a winning system…
From Copper Coins To Mobile Apps: The Evolution & Success Of Retail Loyalty Programs
The journey of loyalty programs from copper to paper followed by the sophisticated plastic cards and now just mobile numbers has undergone a massive transformation. The purpose of the initiative too has seen a revolution – from simply offering discounts to helping a brand build an emotional connect with its customers…
Unraveling The Indian Luxury Market In 2030
Over the next decade, the Indian luxury market is well poised to see positive growth on the back economic development, greater connectedness and policy reforms, all of which will offer a plethora of opportunities for luxury companies to serve young, affluent, connected and confident Indian consumers…
FDI Relaxation Policies To Usher In An Era Of Growth For Indian Retail
New FDI rules and single brand retailer policies set by the government will assure an influx of investment in the retail industry, ensuring robust growth over the next few years. IMAGES Retail brings you a lowdown of what’s making news in the national space over the last month…
Online To Offline: Pure Play E-Commerce Firms Go Physical To Woo Consumers
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…