The concluding session on Day two of India Retail Forum celebrated innovation in retail and feted those retailers that have introduced unique retailing concepts, showed excellence in execution strategy, demonstrated grit and perseverance through the implementation stages and brought it all to a successful fruition with exemplary returns and payoffs.
The high octane session that marked the IRF grand finale saw an eminent jury shortlist 10 outstanding performers from a fray of 28 leading retailers across various categories – food, fashion, beauty, apparel, etc. The selection of the 10 retailers was made on the basis of innovation in retailing concepts and ideas and their dexterity and finesse in executing and implementing these ideas to great results.
The 28 retailers in the fray were: Adidas; Alcis; Atesber INC 5; Ayesha; Being Human; Bestseller; Burger King; Burger Singh; Enrich Salons and Academy; Haldiram’s; HyperCITY; Levi Strauss India; Limeroad.com; Manyavar; Max Fashion; My Fit, Van Heusen; Neerus; Pepe; Pizza Hut; Shaze; Smaash; Spar; Spencer’s; Twenty Four Seven; Fabindia; V-Mart; Wow Momos; Yum Restaurants.
The 10 that made the final cut were: Spencer’s Retail; 24 SEVEN, Godfrey Phillips India; Enrich Salons and Academy; Adidas Group; HyperCITY; Levi Strauss India; Wow! Momo; Fabindia; Max Fashions, Landmark Group; Pizza Hut.
The members of jury that voted the 10 top retailers for their thought-provoking ideas, brilliant execution strategy, successful implementation of the various stages and its payoffs and results were: Abheek Singhi, Senior Partner and Director, The Boston Consulting Group; Ajay Kaul, Senior Director, Everstone Group; B.S. Nagesh, Founder, TRRAIN; Debashish Mukherjee, Partner and lead, Consumer Industries & Retail Products Practice, India and Southeast Asia, A.T. Kearney; Jonathan Yach, Director - Operations, Virtuous Retail; Pushpa Bector, Executive Vice President and Head - Premium Malls Division, DLF Utilities; Rajneesh Mahajan, CEO, Inorbit; Roosevelt D’souza, Managing Director - South Asia, Nielsen.
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Gurgaon's First and Most Successful Independent F&G Retailer
SINCE LAUNCHING ITS FIRST OUTLET IN THE YEAR 2000 IN DLF GURGAON AT A TIME WHEN MODERN TRADE FOOD AND GROCERY STORES WERE NOWHERE ON THE RETAIL HORIZONS OF THE MILLENNIUM CITY, NEEDS SUPERMARKET HAS GROWN TO ADD 26 LARGE, MEDIUM AND SMALL STORES TO ITS KITTY, CLOCKING AN ADMIRABLE RUN RATE ON VARIOUS PARAMETERS OF RETAILING EXCELLENCE ALONG THE WAY. PROGRESSIVE GROCER SPOKE TO NEEDS SUPERMARKETâS MD AJAY DHAR, AND CEO, ARUN KHATTAR, ABOUT HOW THE GROCERY CHAIN HAS BEEN ABLE TO HOLD ITS OWN AND CLOCK STEADY GROWTH IN A HYPER-COMPETITIVE MARKET DOTTED WITH BIG-BOX NATIONAL RETAILERS AND THE SECRET SAUCE BEHIND ITS SUCCESS RECIPE.
Paras Spices is innovating with unique products to meet new trends in the spices category
CATEGORY WATCH FOOD STAPLES
Brands and retailers collaborate to promote the growth of non-alcoholic beverages
SUPER-HERB INFUSED BEVERAGES THAT BRING THE POWER-PACKED GOODNESS OF SUPERFRUITS ARE TAKING THE MARKET BY STORM. THESE NONALCOHOLIC BEVERAGES CLAIM TO CONTAIN ZERO CALORIES, ZERO SUGAR, ZERO ARTIFICIAL SWEETENERS, AND ZERO PRESERVATIVES AND ARE DESIGNED FOR TODAYâS MILLENNIAL-GEN WHO ARE SEEKING A HEALTHY DRINK WITH A TASTY TWIST.
Just Outside the Box
THE HUMBLE PARKING LOT HAS BECOME A DIFFERENT KIND OF RETAIL DESTINATION AND HUB OF COMMERCE.
Increased Focus on Health, Wellness, and Immunity-boosting Products
SALES OF PACKAGED FOODS HAVE SURGED SINCE THE ONSET OF THE PANDEMIC, AS HOME-BOUND CONSUMERS STOCKPILE FAMILIAR PRODUCTS THAT WONâT GO STALE QUICKLY. BREAKFAST CEREALS, INSTANT NOODLES, RICE AND COOKING FATS ARE AMONG THE PRODUCTS THAT HAVE SEEN THE STRONGEST GROWTH IN RECENT MONTHS.
Consumer focus on hygiene & nutrition boosts packaged paneer sales
THE DEMAND FOR CATEGORIES SUCH AS CHEESE AND PANEER HAS WITNESSED AN ALL-TIME NEW HIGH DURING THIS PANDEMIC THANKS TO THE VERSATILE NATURE OF THESE PRODUCTS. NOT ONLY IS PANEER DELICIOUS TO TASTE BUT DURING THE HEIGHT OF THE LOCKDOWN, THE INTERNET WAS TRENDING WITH UNIQUE, FUN AND EASY-TO-MAKE PANEER RECIPES.
How Hormel Became a Snack Company
ACQUISITIONS, ADJACENCIES AND INNOVATION DEFINE THE GLOBAL BRANDED FOOD COMPANYâS GROWTH STRATEGY
The New Normal for Snacks
THE POST-PANDEMIC CONSUMER WILL DEMAND BETTER-FOR-YOU MEAL SOLUTIONS MORE THAN EVER BEFORE.
The rise of superfoods and ways to mainstream them on retail shelves
WHAT ARE SUPERFOODS AND THEIR BENEFITS AND WHY THESE PRODUCTS ARE WITNESSING A HUGE SURGE IN DEMAND? WHAT ARE THE CHALLENGES OF INFUSING THESE SUPERFOODS INTO OUR TRADITIONAL FOOD PRODUCTS, AND HOW CAN THEIR VISIBILITY AND AWARENESS BE RAMPED UP IN ON-GROUND SHELVES OF SUPERMARKETS AND RETAIL COUNTERS?
What is driving consumers to become more conscious of what they eat?
WITH CONSUMERS BECOMING MORE HEALTH-CONSCIOUS, RETAILERS HAVE ALSO STARTED MAKING SHIFTS IN THEIR OWN MERCHANDISING AND MARKETING TO KEEP UP WITH THE TREND.
