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Budget Special: FMCG players want Budget to focus on rural wages, job creation

Indiaretailing Bureau -
Ahead of the Budget, FMCG players have pitched for policies that focus on rural markets to reverse slide in wages, create more jobs and reduction in personal tax slabs to give more purchasing power to consumers. According to a PTI...
Research

By 2022, 20-25 pc of Indian retail workforce to be deployed in jobs with radically changed skill sets

Indiaretailing Bureau -
EY recently launched the ‘Future of jobs in India: A 2022 perspective’ report, jointly commissioned by FICCI and NASSCOM. It provides an overview of the job creation rates across various sectors including retail, textile and apparel and the new...
Food

GST Council's decision to reduce tax rates to push up sale of consumer products: Experts

Indiaretailing Bureau -
GST Council's decision to reduce tax rates of 178 items to 18 per cent from 28 per cent will push up demand for consumer products, experts said. According to a PTI report: The Council has reduced the rates for products...
Retail

Retailers need data driven approach to drive repeat business as only 5 pc think their customers are loyal

Indiaretailing Bureau -
Despite spending billions each year on loyalty programs and initiatives, retailers are struggling to effectively use their data to differentiate the customer experience and retain sales. This is one of the findings from an EY survey of 130 C-suite-level...
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In FocusAbhisar Narula -

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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