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JioBook packs a punch with over 8 hours of battery life, always-on 4G connectivity, 100 GB of Cloud storage and an anti-glare HD display New Delhi:  After the affordable smartphone, billionaire Mukesh Ambani’s Reliance on Monday unveiled a sim-connected, laptop-styled e-learning device JioBook that allows users to browse the internet and supports all learning endeavours. The JioBook is a lightweight, budget-friendly 4G-LTE powered laptop priced at Rs 16,499, designed to cater to learners of all ages. The new version – packs a punch with over 8 hours of battery life, always-on 4G connectivity, 100 GB of Cloud storage (via Digiboxx) and an anti-glare HD display. JioBook billed as ‘India’s First Learning Book’ will be available from August 5, 2023, and customers can purchase JioBook from Reliance Digital’s online and offline stores, as well as through Amazon.in. The JioBook sports an ultra slim built, 4G-LTE and dual-band WiFi capabilities, a powerful octa-core chipset for smooth mu

Anant Tanted, founder and chief executive officer of the Indian menswear brand The Indian Garage Company on the brand’s fast-paced journey, industry challenges and future objectives Bengaluru: Around twelve years ago, Anant Tanted set out on a path to create his own apparel brand. Armed with a Rs 10 lakh loan that he obtained from a government initiative, he founded The Indian Garage Company (TIGC) in an office block located in Koramangala, Bengaluru, and began his journey with a team of just four individuals. Presently, the fast-fashion D2C (direct-to-consumer) brand has become a force to reckon with clocking an annual turnover of Rs 220 crore. What started with a four member team, the company at present has swelled to about 400 employees and its office currently spanned around  20,000 sq. ft. in Bengaluru. The company currently sells 5 – 6 lakh units of garments a month and has generated a 250% YoY (year over year) growth in GMV (gross merchandise value) in the last 2 years. In

This latest addition brings Heads Up For Tails’ total store count to 83 stores in India New Delhi:  Pet care brand Heads Up For Tails (HUFT) has opened its 25 th  store in Delhi NCR, located at Janakpuri, the brand announced in a press release. This latest addition brings the brand’s total store count to 83 stores in India. “We are delighted to establish our footprint in Janakpuri, which allows us to serve a larger population of pet parents in this region. Guided by our passion for constant innovation, we aim to tailor our offerings to meet the unique needs of every pet and their parents, ensuring the most wholesome and heartwarming experience for Delhi and beyond,” Rashi Narang, founder of Heads Up For Tails said. HUFT organized launch activities included pet photography, a ball pit for furry friends, a delectable treat bar offering scrumptious pup cakes, adorable paw painting sessions, and hampers for all guests. Recently, HUFT launched outlets in Ahmedabad and Bengaluru to con

The report elaborates on the omnichannel preparedness, execution and outcomes of over 100 companies in India ‘India Phygital Index 2023’ report by omnichannel retail platform Fynd and Strategy&, a global strategy consulting firm and a part of PwC network powered by IMAGES Group, elaborates on the omnichannel preparedness, execution and outcomes of over 100 companies in India. The report lists the reasons behind the continuous growth of e-commerce penetration in the country which varies across categories and also points out the factors driving the convergence of online and offline shopping. The report further explains how to succeed in providing a unified and consistent omnichannel experience for consumers with personalised customer engagement, unified pricing and sales events, easy online/offline shopping and returns, and a consistent brand experience across channels. Key findings of the report are as follows: Online retail market is to grow at 22% from 2022 – 2025 driven by

Onest Ltd IPO with a face value of Rs 10 comprises a fresh issue of Rs 77 crore and an offer for sale of up to 32.5 crore shares New Delhi:  FMCG firm Onest Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO with a face value of Rs 10 comprises a fresh issue of Rs 77 crore and an offer for sale (OFS) of up to 32.5 crore shares by a promoter and other selling shareholders, according to the draft red herring prospectus (DRHP) filed on Friday. Those selling shares in the OFS are promoter Pawan Kumar Gupta and existing shareholders — Glentrade DMCC, Ramesh Girdharilal Lulla, Rahul Porwal, Pankaj Jain, Piyush Dungarpuria and R Sambhu Kumar. Proceeds from the fresh issue to the tune of Rs 60 crore will be utilised towards funding working capital requirements of the company and general corporate purposes. The Mumbai-based Onest Ltd is primarily engaged in the Fast Moving Consumer Goods (FMCG) market with

The outlet is located at Marol, Andheri east area in Mumbai Mumbai : Mumbai-based ice cream chain Naturals expands its retail horizon with the launch of its latest outlet in Maharashtra, the company announced in a press release. The outlet is located at Marol, Andheri east area in Mumbai.  “We are happy to announce our new store in Mumbai! Step in and immerse yourself in a world of exceptional flavours & cosy ambience. We eagerly await your presence at our store in Mumbai. Come see us soon!” The brand earlier opened its outlet in Maharashtra at Aapna Bazar in Latur. Read more about it here . Recently, the ice cream chain also reached the milestone of operating 150 stores with the launch of a new outlet in Sector 7, Chandigarh.  Naturals Ice Cream is owned by Mumbai-based Kamaths Ourtimes Ice Creams Pvt. Ltd. The company was founded by Raghunandan Srinivas Kamath who opened its first 200 sq. ft. store in Juhu Koliwada. The ice cream chain is present in over 13 states across t

Long queues at its in-store checkout counters were impacting Decathlon’s business. Here’s how the sports retail chain used technology to not achieve faster checkouts but also increase store efficiency New Delhi: Founded in 1976 by Michel Leclerq, France-based sporting goods retailer Decathlon offers sports apparel and equipment for men, women and kids across various segments, including outdoor, water, fitness, racket, team, cycling, running, walking, roller, and target sports. The global sporting goods company entered India in 2009 as a cash-and-carry retailer and was approved for single-brand retail in 2013. It opened its first store in India in 2009 at Sarjapur in Bengaluru and it has 103 stores across the country and over 1,600 across the globe (as of August 2022). Later in 2022, Decathlon became the sports partner of Kolkata Thunderbolts for the 2022 season of the Prime Volleyball League. In keeping with the single-brand foreign direct investment compliances, Decathlon source

In the latest episode of Retail with Rasul Bailay on IndiaRetailing.com, Sanjay Vakharia, co-founder and chief executive officer of Spykar talks to Rasul Bailay, Group Managing Editor, IMAGES Group about the huge headroom for the growth of jeans in India as denim penetrates deep into the hinterlands. India currently lags Thailand or even Pakistan and Bangladesh in per capita consumption of jeans, he said. The post Big malls less welcoming for local denim brands: Sanjay Vakharia, CEO of Spykar Lifestyle appeared first on Retail News | Retail Industry | Business Information & Latest News . from Retail News | Retail Industry | Business Information & Latest News https://ift.tt/bpvKLAI via IFTTT

IndiaRetailing brings you a series on India’s key retail tech icons. Featuring Vipin Gupta, AD and CTO, Starbucks India, 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% 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…. Vipin Gupta Vipin Gupta has expertise in multiple industries with his 18+ years of experience, he specialises in digital, management consulting and IT services with focus on strategy development, digital transformation, large-scale program/ project management, IT op

IndiaRetailing brings you a series on India’s key retail tech icons. Featuring Vishal Kapil of Marks and Spencer India  Mumbai : 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% 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…. Vishal Kapil CTO, Marks and Spencer India  With over 21+ years of experience in retail and technology industries across emerging markets, EU and US, Vishal Kapil is a popular face in the industry. He has been passionately working for the positive impact of digital & tech tran

To survive the challenges of running a business, entrepreneurs need to develop not only technical and business skills but also strong mental and emotional skills By Manish Behl Bengaluru: Both emotional intelligence (EI) and mindfulness have been shown to have positive impacts on various aspects of startup performance, such as innovation, productivity, resilience, decision-making and team cohesion. To survive in midst of these challenges, entrepreneur need to develop not only technical and business skills but also strong mental and emotional skills. Benefits of learning these skills for startups: Managing stress and anxiety: Starting and running a startup can be incredibly stressful, as you and challenges. Mindfulness help you manage stress and stay focused on your goals. Mental calm and physical health: Dealing with both competition and customer stressful and demanding, and entrepreneurs can face detail with these challenges and uncertainties almost on each step. Mindfulness

This represents a significant milestone in the functioning of retail businesses in India, as the bill removes criminal penalties for certain Acts, such as the Legal Metrology Act and Food Safety Act, and streamlines minor offences Mumbai : The Lok Sabha has successfully passed the Jan Vishwas (Amendment of Provisions) Bill, 2023, on July 27, 2023, decriminalising several regulations related to retail. Retailers welcome the move which has been long-awaited, the Retailers Association of India (RAI) said. The Jan Vishwas (Amendment of Provisions) Bill, 2022, introduced in Lok Sabha on December 22, 2022, replaces various fines with penalties, eliminating the need for court prosecution to impose punishments. Additionally, the bill removes imprisonment as a penalty for several offences. Subsequently, the joint committee reviewed the bill and submitted its report to the Lok Sabha in March of the current year. This represents a significant milestone in the functioning of retail businesses

According to the Bureau of Labor Statistics, there were 67 unemployed workers for every 100 job openings in November 2021. Many of the people who have left the workforce are mostly lower-wage workers seeking jobs that are raising wages and offering flexibility By Gina Acosta  So far in this so-called “Great Resignation” economy, grocery retailers have responded to worker shortages by offering “Great Raises,” “Great Bonuses” and “Great Benefits.” None of those seem to be sufficient to attract and keep enough of the right workers in food retail jobs, however. According to the federal government, 600,000 people joined the workforce in November 2021, resulting in a labor force participation rate of 61.8%, the highest level since March 2020, but still depressed compared with the pre-pandemic period. According to the Bureau of Labor Statistics, there were 67 unemployed workers for every 100 job openings in November 2021. Many of the people who have left the workforce are mostly lower-wag

How Chennai-based professionals-turned entrepreneurs Madhusoodhnan K and Thendral Madhusoodhanan built and grew a profitable and popular organic retail business By Sanjay Kumar By early 2010, Madhusoodhanan K felt his instincts and impulses strongly drawn in the entrepreneurial direction. In April 2010, he decided to “call it a career” and bade goodbye to his role as an investment manager with a venture capital firm. “I felt bored with my corporate life and so I quit in 2010,” admits Madhusoodhanan, founder & director, Dhanyam Organic Superstores.   But he had an idea simmering within and felt driven by an inner force to figure a way out to make life more exciting. “Right from my childhood days, I had a keen interest in the grocery business and it was something very close to my heart. While working on a project as a consultant, I came to know all about organic farming, what it means, why it is beneficial for farmers and how it’s a good solution to many underlying problems that

What online businesses can do to attract and delight more and more customers and stay ahead of the competition By Parv Sondhi New Delhi: The e-commerce industry has experienced significant growth in the last two years, with global sales projected to reach 21.8% of all retail sales by 2024, according to a Statista report by Daniela Coppola. Based on information by A. Minhas in his reports on retail e- commerce sales in India, the Indian e-commerce market is estimated to rise to US$ 188 billion by 2025 and is anticipated to reach US$ 350 billion by 2030. As per data released by InGovern Research Services, the e-commerce sector in India is expected to grow to 200 billion US dollars by 2026. As more businesses enter the online marketplace, it’s becoming increasingly challenging to stand out and appeal to customers. It’s vital to note that online sales increased by over 5% annually before the pandemic. Naturally, established firms have concentrated on their capacity to digitise proc

Spanning over 25,000 sq. ft. of real estate the new store is located in Kochi, Kerala Bengaluru:  Dubai-based value fashion chain Max Fashion has launched its largest store in India in Kochi, Kerala, spanning over 25,000 sq. ft.   of retail space, said the fashion retailer in a press release on Friday. “We are elated to open our largest India store in “God’s own country.” With an expansive 25,000 sq. ft., you will be spoilt for choice. With latest trends and fashion from across the globe, this is our onam gift to Kerala,” said Sumit Chandna, deputy chief executive officer, Max Fashion India. The store features a 6000 sq. ft. ‘pookalam’ (an intricate and colourful arrangement of flowers laid on the floor like rangoli) installation made with more than 8000 clothes created by artist Dudu. The clothes from the assortment will be donated to children, through an NGO (non-governmental organisation). “We aim to give consumers a reason to celebrate this festive season in style. This store

The premium ethnic wear segment on Myntra registered 2X growth in the last year, with nearly 60% of the contribution coming from metro cities and tier 1 cities Bengaluru:  Fashion e-commerce platform Myntra has witnessed close to 100% growth over the last year on the premium ethnic wear segment, the e-tailer said in a press release on Thursday. The premium ethnic wear segment on the platform registered 2X growth in the last year, with nearly 60% of the contribution coming from metro cities and tier 1 cities. Myntra’s ethnic wear category segment starts at Rs 2500 and it houses more than 3.85 lakh styles from more than 1000 brands. The platform has onboarded over 150 brands with over 1 lakh new styles in 2023. Myntra has more than 50 brands under the premium ethnic wear segment including brands like Koskii, Aachho, Rust Orange, Ambraee, Scakhi, Lavanya the Label, Manyavar and Tasva by Tarun Tahiliani. The hype around the category is seeded via new product launches and engaging soc

Launched in June 2023, the new app is equipped with core visual merchandising and retail deployment management facilities Bengaluru:  Multinational footwear retailer Bata has launched India’s first  visual merchandising app powered by AI (artificial intelligence), a top company official wrote on social media last week. “We recently launched 1st in-country visual merchandising app powered by artificial intelligence,” said Abhinav Sharan, head of retail marketing and visual merchandising at Bata India in a LinkedIn post. Launched in June 2023, the new app is equipped with core visual merchandising and retail deployment management facilities. “Visual merchandising and retail deployments, if done right, can enhance consumer experience and improve store footfall and conversion. With so many technologies coming in, it’s important to provide a one-stop solution to field teams and store managers, which can solve all the marketing campaigns, retail deployment and visual merchandising requ

Chai Sutta Bar’s milestone outlet has opened at Malad in Mumbai, taking the brand’s reach to 300 cities across the country New Delhi: Quick service restaurant (QSR) tea-chain Chai Sutta Bar (CSB) has opened its 500 th  outlet in the country. Its milestone outlet has opened at Malad in Mumbai, taking the brand’s reach to 300 cities across the country, the brand announced in a release on Thursday. “We are incredibly proud to mark the opening of our 500th outlet in Mumbai. This milestone represents the dedication and hard work of our entire team, and franchise partners, and the overwhelming love and support from our consumers,” Anubhav Dubey, co-founder and chief executive officer, Chai Sutta Bar said. CSB offers its tea in traditional clay cups (kulhad) to enhance the flavour and support local artisans and communities through this initiative by providing sustainable employment opportunities to over 500 potter families, according to the release. Founded in 2016 by Anubhav Dubey and

Murtaza Khan Kashi, owner of houseboat Selec Town, will deliver packages every day to customers at the doorstep of their houseboats as part of the onboarding New Delhi: Amazon India on Thursday said it has onboarded the first ever floating ‘I Have Space’ store on Dal Lake in Srinagar. Murtaza Khan Kashi, owner of houseboat Selec Town, will deliver packages every day to customers at the doorstep of their houseboats as part of the onboarding, according to a release. Source: Amazon Amazon Logistics, India, Director Karuna Shankar Pande said this will provide faster and reliable deliveries to customers across Srinagar, opportunities for small businesses and strengthen Amazon’s delivery network. Launched in 2015, the ‘I Have Space’ programme has 28,000 neighbourhood and kirana partners in about 420 towns and cities in India. It partners with local stores and small businesses for delivering products within a 2 to 4 kilometres radius. The post Amazon’s first floating mini fulfilm