Apparel industry the most adversely impacted sector: – SANJAY BAHL, GROUP CFO, RAYMOND

Brands like Raymond are taking steps for effective cost rationalisation by cutting down all noncritical expenses and marketing spends, managing the cash flows along with keeping the cost of working capital low

How Technology Has Become a Game Changer in Retail Space

Retailers have now realised that the lines between services, products, and entertainment have blurred and there is a need for an integrated approach that helps in creating an end-to-end experience for the customers…

GROWEL'S 1O1 TO GO PHYGITAL, BRING IN MORE ICONIC BRANDS IN 2020

With the recent revamp of its food court and FEC spaces, Growel’s 1O1 is all set to increase consumer engagement and satisfaction. The mall, which is doing exceptionally well in terms of Y-o-Y numbers is also concentrating on further strengthening its fashion segment…

CLOUD KITCHENS: Cooking Up A Storm in the Foodservice Industry

Essentially, a kitchen without a store front, is called a Cloud Kitchen. Customers access their services through online channels, mostly through online food aggregators, brand website or app and even through various social media platforms…

Tier II & III Cities: The Future Growth Engines of Indian Retail

More than 31 new malls sprawling over 13.5 million sq. ft. area is expected to come up in Tier-II & III cities by 2022...

Omnichannel Solutions: Disrupting Retail for a Billion Consumers Through Technology

In a panel discussion and presentation by Unicommerce at the 20th Edition of IFF, experts talked about how retailers are looking beyond multichannel and single channel solutions, and looking at Omnichannel solutions to take the industry forward...

Mall of Travancore: A One-Stop-Destination for Retail, Food and Entertainment

Trivandrum is considered to have a conservative outlook when it comes to shopping, especially with regards to brands. However, with the opening of Mall of Travancore, customers here have truly imbibed and embraced the mall culture. From government employees to techies to students, all sorts of consumers visit the mall on a regular basis…

Growth of Malls in Non-Metro Cities: Developers Remain Bullish on Potential of Organised Retail

As locations for malls in metros are maturing rapidly, brands and developers are eyeing unexplored territories. They are capitalising on the growing demand as well as a lack of entertainment options and organised retail in Tier II and beyond…

Future of Retail Distribution

India Food Forum 2020, held on February 5-6, 2020 at Hotel Renaissance in Mumbai offered a rich bouquet of takeaways that promised to keep the participants connected with the next big consumption trends and innovations in food retailing, HoReCa and food technology.

Driving Retail Shelves to Higher Profitability

At the India Food Forum 2020, retailers, manufacturers, distributors and supply chain experts were part of a round table discussion on meeting the challenges of higher pro tability in Tier I, II & III cities…

BROCCOLI PIZZA & PASTA TO OPEN 15 OUTLETS IN INDIA BY END OF 2020

With a variety of pizza, pasta, salad, and appetizers on its menu, Broccoli Pizza & Pasta aims to offer a complete dining experience to its customers…

Corona Virus Fear Grips International Retail Sector, Big Brands Shut Shop In China

Not only are big brands and retailers temporarily shutting outlets in China, the Chinese origin virus will more likely than not impact transit retail worldwide…

Amazon To Help Integrate 1 Crore Small And Medium Indian Businesses Into The Digital Economy

In what can only be seen as a goodwill gesture, Amazon’s Jeff Bezos last month said his company will invest US $1 billion to bring small businesses online in India. Amazon has had a longstanding relationship with SMBs in India, with the company claiming that in the six years that it has been in the country, the number of SMBs on-board has gone from just 100 to over 5.5 lakh…

Top Retail CIOs Say Technology Experiences & Implementation Are the Future of Retail

With the retail industry transitioning from being product-centric to customer-centric, retailers are leveraging all sorts of technologies to reach the modern shoppers. This has resulted in retail technology transcending from ‘aspiration to expectation’ and wedging itself securely between consumer and experience to create an everyday interface…

When the Light is Right: The Importance of Lighting in Retail

Whether a retailer opts for dim lighting or makes his store lively with bright lights, the most important thing to remember is that lighting needs to go with the brand story. A mismatch there and it’s sure to affect footfalls…

MUMBAI'S RETAIL SECTOR JOINS RANKS OF GLOBAL CITIES, GOES 24X7

Adding the next level to the legendary nightlife of Mumbai, the Maharashtra government has finally given a thumbs up to a proposal with far-reaching economic ramifications. We bring you the scoop along with other significant retail events over the last one month…

Decoding the Retailer's Perspective of a 360 Degree Customer Journey

At the 20th edition of the India Fashion Forum, retail experts of leading brands talked about the multichannel approach they are taking to ensure a smooth consumer experience in order to draw in footfalls and increase revenue…

Snackification in India

The article sheds light on some of the underlying drivers and factors that have strengthened the trend of ‘Snackifi cation’ in recent years.

Spotlite-Mall of Joy: The New Upcoming Benchmark of Joy, Happiness and Retail at Rajnagar Extension

With over 78 inline stores across all floors, Spotlite aims to be the new shopping destination of Ghaziabad very soon…

6 Major Trends Reshaping Luxury Retail In 2020

The customers’ demand for a seamless, bespoke shopping experience, with a 360 degree access to retail across all touchpoints is resulting in luxury retail disruption. Retailers need to devise innovative ways to make their stores meaningful for new-age luxury buyers…

IFF 20th Edition | Fashion Techway Roundtable: Unified Retail Operating System Essential for a Consistent Customer Experience

The dynamics of retail are shifting at a rapid pace today. The modern consumer shops across multiple channels and it is indispensable for brands and retails to offer lifetime value across all these channels. Hence, a unified retail and wholesale operating system has become the top priority for brands and retailers to own consumers across all touchpoints…

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…