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

After its second exit in 2009, Dockers is re-entering India with tech-native company Ace Turtle Bengaluru:  California-based casualwear brand Dockers has re-entered India in a partnership with technology-driven retail platform Ace Turtle, the companies said in a joint press release on Wednesday. Dockers entered India in 2000 with its parent company Levi-Strauss but the US-based brand subsequently exited India in 2004. The semi-formal khaki brand, which re-entered the Indian market in 2005 after a year break, exited again in 2009 due to the consumer’s deviation from the khaki category to denimwear and formal pants with blended fabrics. “Dockers has been on an exciting journey over the last few years in its evolution to become a more casual, everyday lifestyle brand, and we’re proud of how well the brand is resonating with consumers,” said Natalie MacLennan, chief executive officer of Dockers. “As we build on this momentum, we’re thrilled to expand into new markets and increase ...

By focusing on their category management strategy, retailers and brands can not only meet the needs of customers in a better way but also maximize profitability and shopper satisfaction By Aakriti Virmani What immediately catches your eye upon entering a supermarket? It’s the store’s elegantly lined display shelves and well-assorted racks and baskets – all aligned neatly in geometric precision to appeal to our eyes and aesthetics. For any supermarket or hypermarket, the biggest challenge is to get the customer inside the store and induce her into making a purchase. If a store is successful at attracting a large number of customer footfalls and coaxing the visitors to shop for products, it’s a tribute to the shop’s adroitness in category management. Category management is among the most critical elements of running front-end supermarket operations. In essence, category management is an art or science to arouse shoppers’ buying instincts. Supermarkets that are able to exploit and le...

The Ajio Big Bold Sale, powered by Adidas in association with Melorra, will start from 1 June 2023. The related Fashion’s Most Wanted campaign featuring Shraddha Kapoor and Rana Daggubati will go live on 31 May across platforms Mumbai : Fashion e-tailer Ajio announced its flagship event Big Bold Sale, powered by Adidas in association with Melorra, starting from 1 June 2023, announced the company in a press release. The Big Bold Sale (BBS) will see customers across 19,000+ pin codes across the country shop from a huge selection of exclusive international brands, private labels and homegrown brands with the best deals and offers across categories like fashion, lifestyle, home and decor, beauty, jewellery and personal care. Customers received early access for a limited period of six hours daily starting 28 May 2023. Customers can shop across over 5000 brands offering over 1.3 million curated fashion styles at the BBS. Deals will be available on brands like Adidas, Nike, Puma, Su...

The new Scuzo outlet is the company’s 12th in Faridabad. The brand plans to open seven new stores next month and 100 outlets across India by 2024 New Delhi:  Dessert brand Scuzo Ice ‘O’ Magic launched its 12th store in Faridabad, Haryana on Sunday. The 500 sq. ft. store is located at Omaxe World Street, Sector 79 in Faridabad, and is the brand’s fourth outlet in Delhi NCR. The brand claims to be India’s first live popsicle concept store. The new store also offers gelato, shakes, pancakes, and multiple ice cream flavours. Its products can also be ordered on food delivery platforms like Zomato and Swiggy. It will soon also be on the Open Network for Digital Commerce (ONDC). It has its own manufacturing units in Delhi and will soon set up other manufacturing units in Andhra Pradesh and Punjab. Launch  Launched in September 202, the dessert brand claims to be an option for the health-conscious. “People have always been fond of ice cream but during the lockdown, col...

How Ritika Jayaswal nourished her Ayurveda-inspired D2C beauty brand Nourish Mantra through the pandemic to grow 180% in the second year of its launch A whopping 12,930 companies across India shut down operations in 2020-2021, as per data released by the Ministry of Corporate Affairs (MCA). This is when the pandemic was at its worst. While businesses were struggling to survive, Nourish Mantra, an Ayurveda-inspired beauty and wellness brand that was launched just before the pandemic managed to grow through the difficult period. Despite challenges, the brand posted 180% growth from year one to two. The overall growth of the category thanks to increased attention to skin care during the crisis, may have been one of the reasons for the growth. According to a report , the skincare industry was valued at $2.6 billion in 2021. In fact, it clocked $8.07 billion in revenue in 2023 as per a report . Not just skin care, there is a rise in the demand for Ayurveda-based skin care products....

The 11th outlet of SS Beauty is located at Elante Mall, Chandigarh New Delhi:  Home-grown department store chain Shoppers Stop launched the 11th outlet of its new format SS Beauty in Chandigarh, the brand announced on social media. The store is located at Elante Mall, Chandigarh. “We are thrilled to announce the launch of our 11th store of  #SSBeauty  by  Shoppers Stop  at Elante Mall, Chandigarh!! Come visit us and get the best in class service from our beauty experts,” wrote Shoppers Stop in a LinkedIn post while also sharing pictures of the new store. SS Beauty is a luxury beauty store chain by Shoppers Stop. The retailer opened its first standalone beauty store of this format in Malad, Mumbai in February 2022. SS Beauty’s third exclusive retail point in Mumbai was launched in May 2022 at Oberoi Mall, which happened to be the first-ever SS beauty store to supply only Estée Lauder Companies brands. Earlier this year, Shoppers Stop opened an SS Beauty outle...

UPI is projected to account for 90% of the total transaction volume in retail digital payments over the next five years New Delhi: Growing at a steady pace, UPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90% of the retail digital payments in the country, said a PwC India report. Unified Payments Interface (UPI), which is driving the digital payments revolution, accounted for about 75% of the total transaction volume in the retail segment during 2022-23, said the PwC report titled “The Indian Payments Handbook 2022-27”. UPI is projected to account for 90% of the total transaction volume in retail digital payments over the next five years, the report said. The Indian digital payments market saw steady growth at a CAGR of 50% (volume-wise) and is expected to reach 411 billion transactions in FY 2026-27 from 103 billion in FY 2022-23, the report said. “It is estimated that UPI will record 1 billion transactions per day by FY2026 2027, going from 83...

Shoppers Stop will open its first affordable fashion format store Intune in Hyderabad on 2 June 2023 Mumbai: Department store chain Shoppers Stop Ltd. will open the first store of its affordable fashion format Intune in Hyderabad on 2 June 2023, according to sources. News about Shoppers Stop getting into value fashion has been doing the rounds for a couple of months and while the company is yet to officially launch Intune, the products under the brand are already present on its official website for purchase. Sources said that for Intune, the brand is expected to adopt a sharp pricing strategy, to gain a foothold in the industry. It is expected to cater to young families with trendy fashion, and good quality at a great price. Intune will also cater to kids’ fashion with cool pocket-friendly trendy fashion, great quality, and good fits starting as low as Rs 199. The value format segment is heating up with several companies including Reliance Retail eyeing entry into the segment. The...

IndiaRetailing brings you a series on India’s key retail tech icons. Featuring Neeraj Singh, advisory board member, Stellium Inc this week New Delhi: 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 to be more than just subject-matter experts. According to International Data Group (IDG)’s “State of the CIO Study 2022,” 58 percent of workers outside of IT describe their company’s CIO as a “strategic advisor who proactively identifies business opportunities and makes recommendations.” In this special feature, IndiaRetailing showcases the torchbearers of retail technology. This week, the spotlight is on…. Neeraj Singh Neeraj Singh is fascinated by the transformative times that people are going through in India, the intersection of technology and consumer, the Millennial decade, building exceptional teams of people, and embracing the new normal. Roles ...

10 outstanding success stories of collaboration exemplifying how brands and retailers can create a winning playbook by leveraging each other’s capabilities and resources By collaborating, brands and retailers can reach out to new customers and expand their reach in the market. Retailers can help brands distribute their products more effectively by leveraging their existing distribution networks. Brands can benefit from retailers’ expertise and resources, such as data analytics and omnichannel capabilities, to enhance their operations and offerings. Together, they can collaborate on marketing and promotional activities to drive sales and raise brand awareness besides helping each other to tap into new revenue streams, reduce costs, and improve overall profitability. We bring you 10 outstanding success stories of collaboration between food and FMCG brands and retailers in building new consumption/ product categories or transforming a traditional category with innovation. Wingreens an...

IndiaRetailing brings you a series in which we highlight the brand icons in India’s thriving fashion and lifestyle industry. This week, the spotlight is on Darpan Kapoor Mumbai : No business can survive for long without a vision; even if it does, it would be susceptible to every disruption and upheaval that generally comes in its business cycle. It needs a leader who has the capacity to translate, create that vision, or make it clearer and turn it into reality. The very essence of leadership is having a vision in the first place. Moreover, as you can’t blow an uncertain trumpet, it should be clearly articulated so that they can manage and lead people. A team led by a visionary leader with a clear direction knows what it can achieve and how far it can go. In this special feature, IndiaRetailing highlights the brand icons in India’s thriving fashion and lifestyle industry. This week, the spotlight is on… Darpan Kapoor Chairman, Kapsons Group Education profile  Graduation in He...

Industry experts are showing huge confidence in the tier 2 and 3 retail ecosystem, acceding to its enormous rise in market size and revenue growth potential in the future New Delhi: Tier 2 and 3 cities have witnessed immense growth in retail demand over the years. It has contributed to a significant change in general masses’ perceptions and wavelength. Once considered inferior in terms of basic and retail infrastructure compared to metro cities, making them the second choice to settle down, tier 2 and 3 cities have undergone a phase of a rapid retail boom showing no signs of tail-off, especially after the pandemic. In fact, a recent Anarock report observed that tier 1, 2, and 3 cities are experiencing strong retail demand. Anarock predicts that these cities will witness additions of over 7.25 million sq. ft. of retail real estate developments in 2023. The capital investment outlays in retail real estate, primarily in tier 2 and 3 cities, have been growing upwards with developers ...

Its step-down FMCG arm Reliance Consumer Products Limited (RCPL) announced its foray into the western snacks category with the launch of Alan’s Bugles in the Indian market New Delhi:  Reliance Retail has partnered with General Mills, a leading US-based multinational manufacturer of branded processed consumer foods, entering into the fast-growing snacks segment as per its ambition into the FMCG segment. Its step-down FMCG arm Reliance Consumer Products Limited (RCPL) on Friday announced its foray into the western snacks category with the launch of Alan’s Bugles in the Indian market. “For the first time ever, snackers in India can enjoy Bugles, the international corn chips snacks brand with more than 50 years of heritage, owned by General Mills and available across major global markets including the UK, US and the Middle East,” said a joint statement. Under the brand Alan’s Bugles, RCPL will offer a top-notch snacking experience, which will be available at pocket-friendly price ...

The collection will feature over 100 styles in apparel and footwear and will be live on Flipkart starting 27 May 2023 Bengaluru: Indian cricketer Virat Kohli has launched ultra-lightweight clothing Wrogn Zero on the e-commerce platform Flipkart, the companies said in a joint press release on Friday. The collection will feature over 100 styles in apparel and footwear and will be live on Flipkart starting 27 May 2023. “Wrogn Zero is more my kind of style by being ultra-light and easy yet stylish. Be it my fashion or my game, it is always about keeping it light and comfortable. I am beyond thrilled to make this collection available in the remotest regions in the country with Flipkart,” said Kholi. Flipkart has witnessed growth in the casual wear segment over the past year and the launch of Wrogn Zero is expected to fast-track this even further, the e-tailer added. “Wrogn Zero is a capsule collection that offers stylish yet functional fashion supporting every customer to be a trendse...

Middle East retail magnate, Micky Jagtiani, who passed away recently has a net worth of $5.2 billion  Mumbai : Micky Jagtiani, the founder and chairman of UAE-based multinational retail conglomerate, Landmark Group , has passed away at the age of 70, according to media reports. However, the details of his passing have not been disclosed yet. Jagtiani is survived by his wife and three children. Also known as Mukesh Wadhumal Jagtiani, the late retail magnate drove a taxi in London before moving to Bahrain and starting A baby products shop in 1973. He built it into the Dubai-headquartered Landmark Group, which his wife Renuka Jagtiani helped him run. He expanded the business exponentially with around 50 brands and it now has over 2,200 stores across 24 countries. At present, he has a net worth of $5.2 billion. In 1999, the Landmark Group embarked on its journey in India with the inaugural Lifestyle store in Chennai. Over the years, it has evolved into one of India’s largest retail...

DLF group is hosting its annual Luxury Shopping Festival from May 25th to June 9th at DLF Emporio and The Chanakya New Delhi: Shopping centre group DLF Luxury Malls is hosting its annual Luxury Shopping Festival from May 25 th to June 9 th at DLF Emporio and The Chanakya . The two week festival is offering an opportunity to its visitors to win gifts on a minimum shopping of Rs 50,000 and the highest spender during the festival will be rewarded with an all-expense-paid three days vacation for two at Cape Weligama in Sri Lanka. Furthermore, DLF Emporio is collaborating with BMW Excellence Club to create a luxurious shopping experience for the club’s members over an evening of showcasing the latest collection of their in-house brands. DLF Emporio is located at Vasant Kunj in New Delhi and it offers designer and luxury merchandise, lifestyle products and services under its roof. Premium brands that are available at the mall, include Louis Vuitton, Gucci, Dior, Bottega Veneta, Bvlg...

RCPL has taken sole control of Lotus with effect from May 24, 2023. It has also completed the acquisition of equity shares pursuant to the open offer made under SEBI Takeover Regulations Mumbai : Reliance Consumer Products Limited (RCPL), the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL) has completed the acquisition of a 51% controlling stake in Lotus Chocolate Company Ltd. for an aggregate consideration of Rs. 74 crore, the company announced in a press release. It has subscribed to non-cumulative redeemable preference shares of Lotus for an aggregate consideration of Rs. 25 crores. RCPL has taken sole control of Lotus with effect from May 24, 2023. It has also completed the acquisition of equity shares pursuant to the open offer made under SEBI Takeover Regulations. RRVL, through its subsidiaries and affiliates, operates an integrated omnichannel network of 18,040 stores and digital commerce platforms across grocery, consumer electronics, fash...

In a new report, Bernstein Research said India is evolving into a three-player market with Amazon, Walmart and Reliance New Delhi: Billionaire Mukesh Ambani’s Reliance is the best-positioned player in the USD 150-billion Indian e-commerce market ahead of Amazon and Walmart due to its owning the potent combination of largest retail store network, dominant telecom operations and strong digital media, an analyst said. In a new report, Bernstein Research said India is evolving into a three-player market with Amazon, Walmart and Reliance. The conventional retail business model starts out either offline (Walmart) or online (Amazon). “Given distribution challenges and India’s propensity to ‘skip a generation’ in most technologies, we believe the Indian e-commerce market will be different. An integrated model (offline plus online plus prime), strong distribution capability and superior cost advantage (against online players) are required from the start,” it said. Reliance Industries is ...

Mohit Khattar, chief executive officer, Graviss Foods Pvt Ltd – Baskin Robbins gives the inside scoop on the ice cream brand’s three decades-long journey, expansion plans, and much more… A flavour for each day of the month is how Baskin Robbins wooed ice cream lovers to its store when it first launched in Mumbai in 1993 with 31 flavours. Thirty years after the brand entered the Indian market through a master franchise agreement with the Graviss Group, it is available across more than 850 exclusive stores, hotels restaurants and catering (HoReCa) segments, hypermarkets, supermarkets and online. In an exclusive interaction with IndiaRetailing, Mohit Khattar, chief executive officer, Graviss Foods Pvt Ltd. – Baskin Robbins gives the inside scoop on the ice cream brand’s three-decades-long journey, expansion plans, and much more. Tell us about 30 illustrious years of the brand in India. With its initial launch in Mumbai in 1993, Baskin Robbins received love from consumers in the city ...

The forced buying of a full strip of medicine not only leads to medical wastage but also put unnecessary financial burden on customers New Delhi:  Amid complaints about chemists insisting customers on buying entire strip of tablets or capsules, the Centre is making efforts to find some solution to protect the consumer interest and is holding consultations with the pharma industry. The forced buying of a full strip of medicine not only leads to medical wastage but also put unnecessary financial burden on customers. The Department of Consumer Affairs has held the first round of consultation with the senior representatives of pharma and medical devices industry, sources said. In the meeting, the top officials of the Drug Controller General of India were also present. According to sources, the issue was discussed at length in the meeting and the Department suggested them to explore new packing technology for medicines. A suggestion to adopt perforation technology to cut the strip...

How Bihar-based D2C pickle brand JhaJi went from a single order to 80,000 orders in just 2 years New Delhi:  Bihar-based D2C pickle brand JhaJi has clocked over 80,000 orders in just two years since its inception in June 2021, while the pandemic was still around.   The brand expects to clock more than Rs 10 crore by the end of 2023 and has already sold pickles worth Rs 2 crore in the first three months of the year itself. Founded by two Darbhanga, Bihar-based women Kalpana Jha and Uma Jha, former a homemaker and the latter a school teacher, the brand was launched with the sole purpose of making Bihar’s cuisine known to the world. The Sisters-in-law duo started the brand with an initial funding of Rs 10 lakh, which they received from Kalpana Jha’s spouse Manoj Kr. Jha. L-R: Uma Jha and Kalpana Jha Initially, they started their pickle business at the backyard of their house, until March of this year when they relocated the production to their recently acquired kitchen fa...

How retailers can make the best of the opportunities presented by the rising consumer preference for healthy beverages The beverage category is highly elastic in nature. Modern Trade plays a big role for brands that need to partner with retailers through innovative ways of driving penetration like through loyalty programs and activations on digital platforms. Retailers that Progressive Grocer spoke to say that they see a sharp spurt in consumers’ desires to get healthier. Indians reject drinks that either contain artificial ingredients or high sugar levels. Indian consumers are now more mindful of what they are consuming. This opens up an opportunity for manufacturers to launch products that are low in sugar or contain no additives. There is even scope to offer products that are fortified with additional nutrients for specific health benefits, such as vitamin D, calcium, or protein. Delhi-NCR based supermarket chain Modern Bazaar, which operates 18 stores in the region, stocks all ...