Images Retail - June 2023

In this issue

Retail in the New Phygital Era

Arguably the Indian consumers have come of age - giving an unprecedented acceleration to the transformation process of the retail sector. This further creates new business opportunities in tune with consumer needs and expectations in this era of phygital retail. The change has been visible all through and so was witnessed at the recently concluded Phygital Retail Convention (PRC 2023) at the Jio Convention Center in Mumbai on May 12-13. PRC 2023.

The PRC theme - India: The Retail Megaverse, reflected well in the mood of this historic assemblage that talked of the immense promise of the world’s fifth largest economy and its most exciting retail marketplace.

Both in terms of numbers and reach, it was indeed a remarkable record of 300+ speakers, 1500 + attendees, 1000+ brands and companies and 100+ shopping centres participating and exhibiting - offering unmatched industry stories, insights and innovations in areas including e-commerce, marketing, merchandising, physical shops, supply chain, payments, and more.

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

1 min

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

1 min

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

1 min

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

1 min

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.

2 mins

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

2 mins

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

4 mins

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

5 mins

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

4 mins

How Keventers is Milking Milkshakes Business Opportunity

How milkshake brand Keventers reinvented itself to clock a revenue growth of 50% in FY 2022-23

3 mins

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Images Retail Magazine Description:

Launched in 2003, IMAGES Retail magazine took on the task of analysing the emerging organised retail industry at a time when the industry itself had little data to work on. The magazine covers the gamut of Indian and International movements in retail technology, logistics and supply chain, store formats, store design, retail real estate, franchising and human resource, besides reporting on significant directions within India’s sunrise industry.

The magazine is widely acknowledged India’s leading retail intelligence publication for decades now, providing news, insights, research & analysis, intelligence and data covering retail operations across all Indian markets.

The mission of the monthly B2B magazine – published exclusively for the retail industry – is to bring industry leaders and brand owners up to date with the latest in retail technology & innovations, provide them with in-depth research, studies and analytical, insightful features which help them grow their businesses in India. The magazine aims to spark ideas and shape agendas for decision makers in India’s competitive retail industry.