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Venu Nair's Quest to Reinvent the Shoppers Stop Mojo
Under the leadership of its Managing Director Venu Nair, India's first department store chain Shoppers Stop is reinventing itself once again with a focus on beauty and private labels along with a host of other initiatives. The question is, will it succeed in recreating its old magic?
WOMEN RETAIL ICONS OF INDIA
The felicitation ceremony for the 'Women Retail Icons of India', powered by Logic ERP, was a celebration of the growing number of women in entrepreneurship and leadership roles in India's retail industry and the remarkable innovation they have brought to the table.
D2C Brand Koparo Raises $1.5 Million
Sustainable home and personal hygiene D2C brand Koparo raised $1.5 million in a pre-series A round led by Saama Capital
Baskin Robbins to Add 80-100 Stores by 2024
Thirty years after the brand entered the Indian market through a master franchise agreement with the Graviss Group, it is available across more than 850 exclusive stores, hotels restaurants and catering (HoReCa) segments, hypermarkets, supermarkets and online
How Keventers is Milking Milkshakes Business Opportunity
How milkshake brand Keventers reinvented itself to clock a revenue growth of 50% in FY 2022-23
Starting with pickles, how two women are taking Bihari cuisine to the world
How Dharbhanga-based D2C pickle brand Jhaji, went from a single order to 80,000 orders in just 2 years
Jewellery Industry Unwavering Strong Growth Trajectory in 2023
The Indian jewellery industry is on a very strong growth trajectory. In the past 2-3 years the value of gold and diamonds has appreciated by 25-30% which has led Indians to spend more on gold and diamond jewellery aided by the robust growth in the economy
Reverse Logistics: Why is its Crucial in the Dairy Industry?
Reducing resource wastage is a crucial goal towards creating a greener supply chain. Reverse logistics reduce waste generated throughout the supply chain and promote manufacturing, refurbishing, recycling, and reuse
Vasavi Group: Hyderabad's New Attractive Retail Investment Destination
Throughout its illustrious 27-year history, the brand has established a reputation in the real estate industry because of a forward-thinking vision and unwavering passion
Meesho Aims for Profitability in FY24
E-commerce platform Meesho is aiming to achieve profitability in FY24 as it looks to increase revenue and optimise costs, according to a senior company official
Warehousing Demand in Bengaluru Exceeds New Supply by 55%: Report
Leasing of warehousing space in Bengaluru exceeded new supply by 55% during 2018-22 period, resulting in lower vacancy level and increase in rental, according to India Sotheby's International Realty report
India's Internet Economy to Grow 6-fold to $1 trillion by 2030: Report
India's internet economy is expected to register six-fold growth and touch $1 trillion in terms of online transaction value by 2030, mainly driven by the e-commerce vertical, said a joint report by Google, Temasek and Bain & Company
Sustainable Splendour: The Green Revolution in Luxury
Today's consumers are demanding more sustainable products, especially since the onset of the pandemic. Luxury brands have been no stranger to this pivot in customer sentiment, although the industry has historically relied on its linear "take-make-use-waste" philosophy
The Business Of Love on Q-Commerce
Valentine Day was especially a good for quick commerce companies who made gifting convenient for consumers by tweaking their inventory to meet the surge in demand and offering under 30 minutes delivery
Luxury Goods Market Rebounds Post Pandemic
The report from Deloitte, focuses on the rebound of luxury goods market in the post pandemic era. As per the report, the 'Top 100 luxury goods companies' generated composite sales of US$305 billion
Omnichannel Retail Anchors Transformation in Consumer Experience in Home Décor Category
The home décor and modular kitchen segments are highly customer-centric, and the data-driven marketing approach has proven to be efficient in tapping the constantly changing customer behaviour and their preferences while shopping
Digitization in Retail: Enabling Transformation for a Better Customer Experience and High ROI
The winning way forward for physical retail owners is to leverage next-gen retail innovations that will yield high ROIS and create sustainability in the retail business
Data-driven Insights Assist E-commerce Platforms-Deliver Superior Shopping Experience
With so many options available, it's increasingly important for e-commerce platforms to stand out and deliver a shopping experience that is truly relevant and personalized
Fashion Supply Chain Zeniths the Sustainable Approach
With the fashion industry having the longest supply chain among industries, players in this space have several opportunities to intervene through the supply chain and transform their business while advancing sustainability goals
E-Commerce and In-store Experiences Redefining Indian Shopping
While COVID-19 accelerated the reach of e-commerce among consumers, many shoppers went back to physical retail once cities started reopening and have since then adopted 'hybrid commerce' - offline + online
Modern Bazaar Evaluating Self-check-out in Some Stores
Modern Bazaar's phoenix-like rise after the family's first store in Vasant Kunj was gutted in a major fire in 2004. The brand is endeavored to be a one-stop-shop for the customers for all their essential and exclusive grocery and food products requirements, including an in-house bakery and a well-stocked meat shop
'We Plan to Reach a 500-store Count in the Next Two Years'
The 23-year-old brand now is gearing up for its next phase of expansion and aims to reach the 500-store mark in India by 2024
Will Retail Bounce Back As The Most Preferred Mode Of Shopping?
Consumers are now beginning to feel the brunt of online fatigue’ The endless scroll and blue-screen exposure from running business meetings to shopping online are taking a real toll
Brand Concepts to Expand in Tier II & III Cities in 2023 - Abhinav Kumar, CEO, Brand Concepts Ltd.
With fashion and design being the core, Brand Concepts Ltd. will continue focusing on adding more licensees in the travel gear, handbags and small leather goods in 2023.
Lacoste to Make Online Channels More Robust Going Forward - Rajesh Jain, MD and CEO, Lacoste India
Lacoste to continue strengthening the omnichannel network. The brand aims to keep upgrading the boutiques to provide more premium experience to customers visiting the stores.
Being 'Digital First' is the Way to Survive in the New Retail World - Sanjeev Rao, CEO, Being Human Clothing
To enhance the in-store experience, Being Human has introduced mobile POS that helps with faster checkout and makes the process seamless.
The Demand for Experiential Retail to Grow in 2023
In 2023, retail in India is expected to grow better than all other key markets globally with Omnichannel becoming the norm for the retailers. Concepts like these will enable millions of small retailers to participate in digital commerce.
Government Decriminalizes Key Acts Applicable to Retail Businesses
Decriminalization of the Legal Metrology Act and Food Safety Act, which are applicable to retail businesses on a day-to-day basis will greatly reduce the impediments of operating a retail business in India.
How Digital Payments are Driving India's E-Commerce
The rampant increase in smartphone users and easy accessibility to the Internet are some major boosters for this expansion. Keeping in line with the Digital India movement, more and more companies are building a presence online to reach the masses.
Adaptability that Retail Platforms Seek
The report examines the work conditions of platform workers on digital labour platforms in India. It evaluates 12 platforms offering location-based services in sectors such as domestic and personal care, logistics, food delivery, e-pharmacy, and transportation in India.