Latest Retail Insight, News, Information & Articles from all top sources for the Internet.

P Venkatesalu, Chief Executive Officer and Executive Director at Trent Ltd. engages in a discussion with Rasul Bailay, Group Managing Editor of IMAGES Group, about the success strategy of the value fashion format Zudio, business integration, market position, future potential and much more. The post If Westside didn’t exist, Zudio would not have existed….Period: P Venkatesalu, CEO Trent Ltd. appeared first on India Retailing . from India Retailing https://ift.tt/KSgaMuc via IFTTT

Big e-commerce players like Amazon use advanced AI/ML (Artificial Intelligence/Machine Learning) to combat fake reviews New Delhi: The success of India’s thriving e-commerce sector is driven by consumer trust, experts said on Wednesday, while stressing the importance of transparency, data security, and good shopping experience in fostering this trust. The year 2023 marked a crucial turning point for India’s e-commerce sector, with notable changes in consumer trends, technology, and regulations. In a webinar conducted by InGovern Research Services on ‘E-commerce Year-Round Up & Safeguarding Customer Interests’, experts highlighted how leading e-commerce players prioritise clear communication of policies and product details, invest in stringent data security measures, ensure intuitive user experiences, maintain efficient logistics, and offer responsive customer support channels to enhance customer satisfaction and loyalty. The webinar was conducted to deliberate on the notable d

In 2023, the retail industry experienced an 8% rise in job applications, while demand surged by 18%, indicating a robust interest in retail roles   New Delhi: More than half of all retailers (52%) are planning to onboard fresh graduates in the fiscal year (FY) 2025, while two out of five (38%) seek to recruit experienced professionals, as per a survey by Gi Group Holding, a company offering temporary and permanent staffing solutions with presence in over 60 countries. In 2023, the retail industry experienced an 8% rise in job applications, while demand surged by 18%, indicating a robust interest in retail roles. About 86.86% of applicants were aged between 18 and 30. Tier-1 cities emerged as hubs for job seekers, constituting 58.49% of the total applicant pool, followed by tier-2 and tier-3 towns. The logistics sector faced a 13.89% decline in active jobs during the third quarter of FY24, attributed to challenges during peak season fulfilment. However, the onset of 2024 saw a 10.24

The monthly reach of the brand is roughly four million people and its website users are over 100,000 every month Bengaluru: From selling products door to door to building his eyewear business, Abdus Samad has done it all in just three years. His eyewear brand Sam & Marshall India has seen its client database grow 350% annually, taking the current count to about 1 million customers. And from the start of this year to September, the brand has served about 15,000 customers in one go. Setting up the business Abdus Samad started his entrepreneurial journey in 2019 by riding his scooter to sell second-hand smartphones and then eyewear door to door to customers. A year later, he started his eyewear brand Sam & Marshall India from his partner’s bedroom. In those days, Samad just had enough space to pack orders and do nothing else, as the rest of the space was mostly occupied by his products. By 2021, the brand had grown its social media presence immensely and built a community arou

From Augmented Reality and virtual try-ons, 99-year-old Kerala-based Bhima Jewellers has moulded itself to stay relevant to today’s digital-savvy customers New Delhi: The 1925-founded Bhima Jewellers is credited with bringing a paradigm shift—from made-to-order to readymade jewellery—in Kerala’s jewellery trade. The 99-year-old brand, which will soon be celebrating its centenary has been at the forefront of delivering quality, exquisite designs, and a customer-centric approach. Started by Bhima Bhattar (K. Lakshminarayana Bhattar), the first store at Alleppey still holds the position of being the first to offer ready-made gold jewellery in Kerala. With over 60 stores across five states including Kerala, Tamil Nadu, Andhra Pradesh, Karnataka and Telangana as well as four stores in UAE, the brand currently holds an industry-leading Net Promoter Score (NPS) of 96. Bhima Jewellers, with an average store size of 8,000 sq. ft., has expanded its presence into the realm of e-commerce, par

Risham Jewelry increased its revenue two times in 2022 and is looking to diversify into another jewellery category in the near future Bengaluru: Risham Jewelry is transforming the market through its unique approach to creating handcrafted designer bead jewellery. The diversity of colour and inspiration from natural elements enables the brand to create high-quality, affordable and timeless pieces that can serve as heirlooms for customers, to be passed from one generation to another. Alternative thinking It was 12 years ago that Srutiza Mohanty began learning bead weaving. She considered the art form gorgeous and unique, and so had become fond of it. In those days, she was working as a software engineer in the IT sector, and in her free time, would make bead jewellery. “People who used to see my creations were in awe of them, as the designs were outstanding. My products ticked all the boxes I wanted in a piece of jewellery from a customer’s perspective— they were lightweight, colourf