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Hrishabh Kashyap

India’s retail sector to witness next wave of growth in unorganised segment driven by technology

Despite the exponential growth of e-commerce and digital retail stores, India’s retail sector is still mostly unorganized, particularly in non-metropolitan areas. During the government-imposed lockdown due to COVID-19 pandemic, organized retailers of non-essential goods registered steep losses. However, technology...

Retailers need to act global and think local post COVID-19

Rapid globalization and urbanization have been the most prominent growth drivers of retail for decades now. In 2019, world trade to GDP ratio crossed 60 percent, and the global urban population crossed 4 billion with the retail industry in...

Battle of mergers and consolidations intensify in India’s retail market

The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...

IMAGES Group Survey: Over 72 pc retailers turn to technology, e-commerce to increase revenue

Ever since COVID-19 broke out in India, IMAGES Retail has been bringing out analysis, reports, webinars discussing impact, challenges, recommendations and opinions from the retail industry experts and stalwarts to fight the crisis. In a recent survey conducted by the...

Direct to Consumer emerges as an alternate sustainable retail strategy post-COVID-19

The recent lockdown sprees have compelled the brands to look at alternative ways to provide consumers the products they need. Therefore, many brands are offering direct-to-consumer (DTC) home delivery services for the first time amid the COVID-19 lockdown. Brands...

Retailers need to instill confidence among APAC consumers to remain relevant in post COVID-19 world, says GlobalData

As China and other markets across the Asia-Pacific (APAC) region continue to grapple with the COVID-19 pandemic, there is a visible difference in how consumer spending has changed over the course of the first half (H1) of 2020 due...

Athleisure set to increase its share in clothing and footwear to 18.5 pc by 2023 in APAC

The athleisure market in the Asia-Pacific (APAC) region is no longer just a western world phenomenon. It symbolizes the millennial cultural shift as more casual workplaces have diminished the strict formal dress codes at work and beyond. The athleisure...

'COVID-19 accelerates the need for greater technology integration into retailing'

During this lockdown and post-lockdown period, the future for businesses looks uncertain as COVID-19 has no solution yet to counter its infection. The only thing continuing is social distancing norms and general precautions against the pandemic that is making...

JioMart and Whatsapp partnership to change the face of mom-and-pop retail stores in India

After entering into a massive US$ 5.7 bn deal with Facebook, Reliance Industries has begun piloting its new commerce venture JioMart on WhatsApp. JioMart has the advantage of its own Jio telecom user base and the massive reach of...

‘Paytm’s local focus via MyStore provides a key advantage in India’s digital commerce expansion’

Paytm announced its entry into social commerce in Feb 2020 with its MyStore functionality, after carrying out beta version of the app for a while. MyStore is Paytm’s second vertical into digital commerce after its Paytm Mall, an ecommerce...
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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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