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Showing posts from December, 2022

Is the e-commerce industry ready for the crypto revolution?

There are several factors to consider when evaluating the readiness of the e-commerce industry for the adoption of cryptocurrencies By Prayag Singh The e-commerce industry has come a long way since the early days of the internet, and it has continued to evolve and adapt to new technologies and trends. In recent years, there has […] from IndiaRetailing.com https://ift.tt/5SPK1DE via IFTTT

Style Up arrives in Ahmedabad with its first store in the city

Style Up from Aditya Birla Fashion and Retail Ltd (ABFRL) is a fashion brand offering affordable on-trend apparel and accessories Ahmedabad: Aditya Brila Group-led fashion brand Style Up recently opened its first store in Ahmedabad. The value fashion store is located at Sola Solaris. The news was shared by Ekta Saran, VP Brand Head Style Up, […] from IndiaRetailing.com https://ift.tt/atYPv0h via IFTTT

Retail industry: Consolidation wave likely to continue in 2023 amid Covid clouds

While the growth prospects are promising, the industry is entering 2023 with “cautious optimism” amid inflationary headwinds and concerns over a spurt in coronavirus cases in different parts of the world By Kumar Rahul New Delhi: The wave of consolidation is likely to hit the shores of the country’s fast-growing retail industry next year also as […] from IndiaRetailing.com https://ift.tt/a0LGX2V via IFTTT

Lavie opens new store in Palm Mall Korba, Chhattisgarh

The store is the brand’s third new outlet to open this month Bengaluru: Lavie, an Indian accessories brand has opened its third store of the month at Palm Mall Korba, Chhattisgarh. The brand has been steadily expanding its retail presence with the addition of stores in various parts of the country the brand said in a […] from IndiaRetailing.com https://ift.tt/bnu8N2x via IFTTT

Bharat ruled retail real estate in 2022

The tier 3 cities which are stealing the limelight are Baroda, Badaun, Indore, Nagpur, Udaipur and Ghaziabad New Delhi: Tier 2 cities continued to play a vital role in adding to the growth of India’s retail real estate infrastructure in the year 2022. The tier 3 cities which are stealing the limelight currently are Baroda, […] from IndiaRetailing.com https://ift.tt/fY4Tnmo via IFTTT

Ironhill India: Brewing innovation

Ironhill India’s Teja Chekuri who started Andhra Pradesh’s first microbrewery talks about doing things differently and building his own niche By Anurima Das The concept of alcoholic beverage retail in India is still very nascent and innovation in this segment is mostly restricted to the product as compared to the process. However, Teja Chekuri, Managing […] from IndiaRetailing.com https://ift.tt/SOGp62i via IFTTT

Lucknow gets its first Tasva store

The new Tasva store is 3,000 sq. ft. and is located at Lulu Mall, Lucknow Mumbai: Tasva, a partnership between Aditya Birla Fashion and Retail Ltd. and Tarun Tahiliani, has now opened its first store in Lucknow. The newly-launched store is situated at Lulu Mall and covers an area of 3,000 sq. ft. area with […] from IndiaRetailing.com https://ift.tt/cJtlaN2 via IFTTT

Titan Eye Plus marks Ratan Tata’s 85th birthday with a flagship store in Dubai

The newly-launched store is at the Burjuman Mall and displays Red Dot award-winning signature eyewear collection and premium watches Mumbai: Tata-group-owned eyewear retail brand Titan Eye Plus has now set its eyes on UAE. It launched its first flagship store at Burjuman Mall in Dubai on the occasion of the 85th birthday of industrialist Ratan Tata, […] from IndiaRetailing.com https://ift.tt/eECOsyb via IFTTT

Bigbasket, Flipkart and Urban Company have fair working conditions for gig workers, finds study

Bigbasket, Flipkart and Urban company got high ratings in four out of five criteria that contribute to a conducive work environment for gig workers as per a Fairwork report Bengaluru: Bigbasket, Flipkart and Urban Company meet most of the key criteria that comprise fair working conditions for gig workers, according to a report by Fairwork […] from IndiaRetailing.com https://ift.tt/pdSji5B via IFTTT

Arrow expands its retail presence with the opening of a new store in Whitefield, Bengaluru

The recently launched outlet is spread across 800 sq. ft at GVK, Nexus Mall in Whitefield, Bengaluru Bengaluru: Arrow, the men’s formal wear brand from the house of Arvind Fashions Limited has launched a new store at Whitefield, Bengaluru. The opening of this store indicates the brand’s vigorous expansion plans in the city. With this […] from IndiaRetailing.com https://ift.tt/JE3zhqG via IFTTT

Premium sustainable fashion jewellery brand FOReT bags PETA’s Vegan Fashion Award 2022

FOReT’s products include wallets, laptop bags, handbags, and jewellery Mumbai: FOReT, a sustainable and vegan-friendly fashion brand, has won the best Vegan Wallet at the 2022 Vegan Fashion Award by People for the Ethical Treatment of Animals (PETA) India, which honours cruelty-free clothing, accessories, and jewellery. The brand was awarded for exhibiting cutting-edge innovation and […] from IndiaRetailing.com https://ift.tt/X3VU4Kq via IFTTT

Here’s what India ordered on Q-Comm in 2022

While Borzo reveals that food and clothes were the top category ordered, Dunzo Daily’s latest data suggests that onions, tomatoes and potatoes were the most ordered veggies in all cities Mumbai: The year 2022 saw millions of orders being processed, packed and delivered online through various delivery and e-commerce apps. Several of ‘tech-enabled’ apps have successfully […] from IndiaRetailing.com https://ift.tt/Ecg60Da via IFTTT

Government decriminalises key Acts applicable to retail businesses via Jan Vishwas Bill 2022

Decriminalisation 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 to operating a retail business in India New Delhi: Retail businesses across the country can breathe a collective sigh of relief as the recently-introduced Jan Vishwas (Amendment of Provisions) Bill […] from IndiaRetailing.com https://ift.tt/7Yhseq5 via IFTTT

Lee Cooper opens two more stores

While one Lee Cooper store opened in Pune, the other was opened in Manipal Mumbai: London-based English-American clothing and footwear brand, Lee Cooper has opened two new stores in India, one in Pune and Manipal. The stores offer a wide range of denim collections, footwear and accessories for kids and adults. The brand opened a store […] from IndiaRetailing.com https://ift.tt/FdavLj2 via IFTTT

DPIIT seeks views of different ministries on draft national retail trade policy

The Department for Promotion of Industry and Internal Trade (DPIIT) has taken the views of 16 departments and ministries on its draft national retail trade policy New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has sought the views of 16 departments and ministries on its draft national retail trade policy, which is […] from IndiaRetailing.com https://ift.tt/biC2M8j via IFTTT

Tech icon of the week: Amar Patel, Sapphire Foods India Pvt. Ltd.

IndiaRetailing brings you a series on India’s key retail tech icons. Featuring Amar Patel, CTO at Sapphire Foods India Pvt. Ltd. this week Today’s CIO must know how to leverage technology to create value for the business. No longer are CIOs department heads of a support function, they are in the driver’s seat and need […] from IndiaRetailing.com https://ift.tt/JRguF5X via IFTTT

Biggest gainers of Indian Retail in 2022

The footwear industry did particularly well in 2022 with a 30% growth as compared to 2019 followed by the beauty, wellness and care industry New Delhi: Footwear emerged as the category that recorded the maximum growth of 30% in 2022 as compared to 2019, as per Retailers Association of India (RAI). This was followed by […] from IndiaRetailing.com https://ift.tt/wF8a4uI via IFTTT

Challenges F&B players face

Key challenges retailers and manufacturers in the food business need to be aware of and address  By P Rajan Mathews Today, a major cause for concern in food business operations is recalls. Pulling products involves a massive, expensive undertaking that can have lasting reputational damage, especially if they pose a risk to health or safety. […] from IndiaRetailing.com https://ift.tt/kM372Gd via IFTTT

How climate tech can help retailers

With advancements in climate technology retailers that use cold chains extensively can slash wastage of produce from 25% to 6% By Devendra Gupta Climate technology is defined as those technologies that are primarily focused on lowering Green House Gas (GHG) emissions or mitigating the effects of global warming. Macro developments in India, such as urbanisation, […] from IndiaRetailing.com https://ift.tt/JyTiYUv via IFTTT

Why it makes sense for Reliance to Acquire Metro Cash & Carry

In addition to strengthening its B2B portfolio, the Metro Cash & Carry acquisition will give Reliance an ideal platform for its FMCG products New Delhi: The acquisition of Metro Cash & Carry business in India by Reliance Retail will give Reliance several benefits. The chief among them being an established platform to push its recently […] from IndiaRetailing.com https://ift.tt/S6Yljyx via IFTTT

Pottery Barn enters India, opens first store in Delhi

Home furnishing retail store chain and e-commerce company, Pottery Barn opened its first outlet in the country at Ambience Mall, Vasant Kunj in New Delhi New Delhi: American upscale home furnishing retail store chain, Pottery Barn opened its first store in India at Ambience mall, Vasant Kunj. It offers a wide range of home décor products. […] from IndiaRetailing.com https://ift.tt/YLyMc8h via IFTTT

Nykd by Nykaa opens in Hyderabad

This is the third store of Nykd by Nykaa after one each in Delhi and Mumbai New Delhi: Nykd by Nykaa opens a store at the Sarath City Capital Mall in Hyderabad. The brand initially launched with a range of four collections that featured panties and sleepwear and now has expanded its collection by including athleisure […] from IndiaRetailing.com https://ift.tt/kE8oaMc via IFTTT

Forever 21 opens its 2nd store in Chennai

The brand has its first store in the city at Express Avenue Mall and the new store has opened at Phoenix Palladium New Delhi: Fast fashion retailer brand Forever 21 launched its second store in Chennai at Phoenix Palladium. It also has an existing store at Express Avenue Mall in the city. The brand offers […] from IndiaRetailing.com https://ift.tt/Wv9GQO0 via IFTTT

Small-sized retailers will dominate in 2023: Report

The emergence of sourcing as a service, shift towards green procurement, and decline in price flexibilities are other supply chain trends for 2023 identified by BuyHive Bengaluru: Small-sized retailers will dominate the D2C markets according to BuyHive, a Hong Kong-based B2B tech-enabled global sourcing platform.  “The procurement industry will see another busy and revolutionary year in 2023, […] from IndiaRetailing.com https://ift.tt/QlXaWL7 via IFTTT

American Eagle does a double whammy

American Eagle opened two stores in rapid succession, one at Nexus Seawoods mall in Mumbai and the other at Nexus Celebration mall in Udaipur New Delhi: American lifestyle, clothing and accessories retailer American Eagle opened two stores one after another in Mumbai and Udaipur. The new stores have a wide range of merchandise that reflects global […] from IndiaRetailing.com https://ift.tt/gMFBIh9 via IFTTT

Food and grocery retail revenues to witness 15-20% YoY growth in FY2023: ICRA

Increased footfalls aided by the lifting of restrictions, continued healthy demand for essential products and regular expansion of retail areas under operations are some of the key revenue drivers New Delhi: Indian organized food and grocery (F&G) retailers are expected to witness healthy YoY revenue growth of 15-20% in FY2023, according to ICRA’s recent note […] from IndiaRetailing.com https://ift.tt/JW18673 via IFTTT

Menswear brand Blackberrys announces Nepal entry

Blackberrys to enter Nepal with two stores, spread across 2,000 sqft and 2,700 sq. ft. respectively that will offer a wide assortment of its products Mumbai: Blackberrys, the 30-year-old menswear brand, has announced the launch of two new stores in Durbarmarg and Civil Mall in Nepal. Spread across 2,000 sq. ft. and 2,700 sq. ft., both […] from IndiaRetailing.com https://ift.tt/TRxkWQz via IFTTT

Reliance to acquire Metro AG’s India business for Rs 2,850 crore

Through this acquisition, Reliance Retail will get access to a network of 31 large format Metro India stores located in prime locations across key cities New Delhi: Reliance Industries Ltd will acquire German firm Metro AG‘s wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen […] from IndiaRetailing.com https://ift.tt/pPVwCnb via IFTTT

Reliance Retail Ventures sells 2% stake in Just Dial for Rs 101 cr

Reliance Retail Ventures, a subsidiary of Reliance Industries, offloaded a total of 16,86,119 shares of Just Dial at an average price of Rs 600 apiece New Delhi: Just Dial‘s promoter Reliance Retail Ventures on Wednesday sold 2 per cent stake in the company for Rs 101 crore in order to comply with the minimum public […] from IndiaRetailing.com https://ift.tt/vRi04Vj via IFTTT

Urban Company partners with NSDC to skill thousands of freshers

Under the programme, freshers will be skilled to become salon, spa and Massage workers, electricians, plumbers, carpenters, appliance repair people, and cleaning and pest control professionals Mumbai: The Urban Company has renewed its partnership with the National Skill Development Corporation (NSDC) to skill thousands of freshers in various vocational skills. The freshers will be trained to […] from IndiaRetailing.com https://ift.tt/iHDZTC9 via IFTTT

Future Enterprises defaults on Rs 6.07 crore interest payment for NCDs

Future Enterprises Ltd is unable to service its obligations in respect of the interest on Non-Convertible Debentures due on December 19, 2022 New Delhi: Debt-ridden Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on interest payment of Rs 6.07 crore for non-convertible debentures. The due date for payment was December 19, 2022, it said […] from IndiaRetailing.com https://ift.tt/6ODcX8U via IFTTT

Biggies Burger opens Gourmet café in Bengaluru

The gourmet burger café in Kalyan Nagar new phase in the history of the company Bengaluru: Biggies Burger, a cafe and fast-food retail enterprise has recently launched its gourmet burger café in Kalyan Nagar, Bengaluru. “Biggies Burger has been constantly striving to bring out the best for the consumers. The launch of our gourmet burger […] from IndiaRetailing.com https://ift.tt/UIaYwpE via IFTTT

Victoria’s Secret opens its second store in India

The second Victoria’s Secret store is at Ambience Mall, Vasant Kunj in New Delhi. Its first store opened at Phoenix Palladium Mall in Mumbai in September New Delhi: American lingerie, clothing and beauty retailer Victoria’s Secret opened its second store in India and its first in Delhi. The new store opened at Ambience Mall, Vasant Kunj. Prior […] from IndiaRetailing.com https://ift.tt/w0DtYsF via IFTTT

Pantaloons opens at Urban Square Mall, Udaipur

The Pantaloons store is 13,203 sq. ft., and spans three floors of the mall in Udaipur New Delhi: Pantaloons opened its new store at Urban Square Mall, Udaipur in Rajasthan. The store spans three floors of the mall and is the first store to open in the mall. Pantaloons has leased 13,203 sq. ft. of […] from IndiaRetailing.com https://ift.tt/lpTeyj7 via IFTTT

Wipro acquires packaged food and spices brand Nirapara

The Wipro group arm has signed a definitive agreement with Nirapara, with this acquisition, Wipro Consumer Care joins many FMCG firms New Delhi: Wipro Consumer Care on Monday announced its entry into the packaged food and spice segment by acquiring Nirapara, one of the largest-selling traditional food brands in Kerala. The deal size was not […] from IndiaRetailing.com https://ift.tt/cmht1Wf via IFTTT

RAI retail business survey indicates spike in jewellery and footwear sales; could be attributed to wedding season

The eastern and western parts of India witnessed a growth of 17% in November 2022, while north and south India saw a 13% growth, the Retail Business Survey by the Retailers Association of India revealed Mumbai: The 34th edition of the Retail Business Survey by the Retailers Association of India (RAI) indicates that sales in […] from IndiaRetailing.com https://ift.tt/RXcBwe0 via IFTTT

PVR Chairman Ajay Bijli expects Inox merger to be completed this fiscal

After the merger of PVR and Inox, the combined entity would have 3,000 to 4,000 screens in five years New Delhi: Leading film exhibitor PVR Ltd’s Chairman Ajay Bijli on Friday said he expects the merger with Inox Leisure to be completed by the end of this fiscal. Post merger, he said the combined entity […] from IndiaRetailing.com https://ift.tt/xODTg06 via IFTTT

The Man Company: 2.7X conversion rates with live commerce

How The Man Company partnered with live commerce platform Firework to reinvent its digital customer engagement powered by human connection The Man Company, a leading men’s personal care DTC brand specialises in a range of chemical-free grooming products. In addition to being available online through its own website, leading marketplaces and social platforms, the brand […] from IndiaRetailing.com https://ift.tt/JS2y305 via IFTTT

Tech icon of the week: Ajit Kolhe, VIP Industries Ltd.

In a weekly series, India retailing brings you a feature of India’s key retail tech icons. Kicking off with Ajit Kolhe, Head IT at VIP Industries Ltd. A survey of 1,420 IT executives across the Europe, Asia and the Middle East found that there has been a 59% rise in investment in technology by retailers […] from IndiaRetailing.com https://ift.tt/LrcSbv1 via IFTTT

Daymart: Keeping the hustle – Part -1

North Kerala’s largest retailer aims to be the state’s best & biggest Overview: Kerala has a super-abundance of supermarkets with most of them duking it out for the customer mindshare and pocket. Unfortunately, quite a few of them are also going off the deep end, overburdened by their own naiveté in running a challenging grocery […] from IndiaRetailing.com https://ift.tt/5GDYEVj via IFTTT

Most Important E-commerce trends to watch out for

To gain the maximum profit and loyal customers, adapting to e-commerce trends has become a necessity for retailers. here are some emerging e-commerce trends that can help you take your business to the next level. By Lokendra Singh Ranawat Every year brings with it something new and despite the travails of the pandemic on business […] from IndiaRetailing.com https://ift.tt/bz6DFGS via IFTTT

The Chennai Silks: Capitalising on the RFID Advantage

By using RFID-enabled trays at SreeThangam Jewellery,the jewellery format of The Chennai Silks, has been able to achieve faster checkouts and higher productivity By Anurima Das The Chennai Silkshas been delightinggenerations of families. Having evolved from a humble khadi store into a chain of multi-storied department stores across Tamil Nadu, the 62-year old brand recently […] from IndiaRetailing.com https://ift.tt/dBCliM6 via IFTTT

Why diversity is important to productivity

Retailers are embracing the idea that diversity makes workforces more productive. By Bridget Goldschmidt  New Delhi: The way that Jacksonville, Fla.-based Southeastern Grocers (SEG) sums up its approach to its workforce is succinct: “At SEG, we’re in the people business. We just happen to sell groceries.” A key part of that people business is ensuring […] from IndiaRetailing.com https://ift.tt/F34ImLi via IFTTT

Zara to debut beauty and cosmetics business in India this month

Zara Beauty shopping experience will include integrated virtual ‘try on’ features at Zara.com and at its store at DLF Promenade, New Delhi New Delhi: Spanish multi-national retail clothing chain, Zara has announced that it is debuting its Beauty collection In India this month. IndiaRetailing.com had broken the news of Zara’s plans to bring its beauty and […] from IndiaRetailing.com https://ift.tt/ZOh1Sin via IFTTT

IRIS Home Fragrances Launch Exclusive Glitter Range this Christmas

The new Glitter range by IRIS Home Fragrances is available at all IRIS Aroma Boutiques across Bangalore, Mysore, Hyderabad, Ahmedabad and Pune as well as on its e-commerce platforms Bengaluru: IRIS Home Fragrances, the lifestyle and wellness brand of Cycle Pure Agarbathies, has launched a new Glitter range this Christmas. The brand’s new collection includes […] from IndiaRetailing.com https://ift.tt/zLZOx5G via IFTTT

Instor India appoints Prashant Jain as Chief Operating Officer

Prashant Jain will lead the growth of Instor’s retail, industrial and warehouse fixtures ecosystem, including operations, manufacturing, customer acquisition and onboarding, business operations and strategy, and channel partnerships Pune: Instor India, a provider of retail, industrial and specialized fixtures, has appointed Prashant Jain as the company’s new chief operating officer. Prashant has more than 20 […] from IndiaRetailing.com https://ift.tt/36s0W8c via IFTTT

The New Shop launches a programme to help front-end employees become store owner

Through the ‘Employee to Entrepreneur’ initiative, New Shop aims to create entrepreneurial opportunities for its store managers to help them become store owners New Delhi: The New Shop, an omnichannel convenience commerce company, has announced the winners of its ‘Employee to Entrepreneur’ initiative. Through this program, the brand has been selecting its store managers and training […] from IndiaRetailing.com https://ift.tt/gDQPwIY via IFTTT

Modicare Ltd. honoured its top performing consultants

The D2C major felicitated more than 150 millionaires from across the country for achieving the million milestone at an event in Kolkata Kolkata: Modicare Ltd., one of India’s direct-selling companies, honoured its top performing consultants at the marquee The Millionaire Club event held recently. More than 150 millionaires from across the country were celebrated for achieving […] from IndiaRetailing.com https://ift.tt/XKRGhuO via IFTTT

McDonald’s India – North and East launches ‘I’m lovin’ it Live’ in India

I’m lovin’ it Live is being brought to India in partnership with MTV and was launched by the company’s brand ambassador Kartik Aaryan in Delhi New Delhi: McDonald’s India – North and East is collaborating with MTV, India’s youth entertainment brand, from Viacom 18to launch McDonald’s global flagship IP – i’mlovin’ it Live in India. […] from IndiaRetailing.com https://ift.tt/HWY0ipC via IFTTT

Metaverse, Video commerce and Blockchain will redefine retail, tech leaders said at ICS 2022

Tech and business leaders discussed the future of Metaverse and cutting-edge technologies that will shape the retail of tomorrow at ICS 2022 Bengaluru: Business and tech leaders participating in a panel discussion at the Internet Commerce Summit 2022 in Bengaluru identified Metavarse, Video Commerce and Blockchain as the trends that are changing retail and consumer experiences. […] from IndiaRetailing.com https://ift.tt/M7FI31J via IFTTT