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The Demand for Experiential Retail to Grow in 2023

In 2023, retail in India is expected to grow better than all other key markets globally with Omnichannel becoming the norm for the retailers. Concepts like these will enable millions of small retailers to participate in digital commerce By Sandeep...

RAI survey indicates 16% growth in December 2022 vis-a-vis pre-pandemic levels

The growth was led by footwear, Jewellery and sports goods categories Mumbai: Retail industry sales in December 2022 showed a growth of 16% as compared to the sales levels during the same period in December 2019 i.e. pre-pandemic, found the...

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...

Centralised framework needed for retail operations amid rising COVID cases: RAI

Retailers Association of India (RAI) on Friday called for a centralised framework that allows for "non-discriminatory operations" of all formats of retail amid various states imposing restrictions and weekend lockdowns in the midst of rising COVID-19 cases. Stating that shutting...

Need coordinated efforts over ad hoc localised retail restrictions as second wave of COVID begins: RAI

The Indian retail industry had faced many hurdles last year due to the pandemic-led lockdowns and localized restrictions. As the number of COVID-19 cases surge and the pandemic takes a new turn with the second wave in the country,...

Foreign marketplaces control sellers on their platform, use anti-competitive practices: CAIT

Domestic traders' body CAIT on Wednesday said the foreign direct investment policy in the e-commerce sector should be enforced in letter and spirit so that global players do not violate the rules. The issue was raised by Confederation of All India Traders (CAIT) Secretary General...

After FICCI, RAI writes to Health Ministry to prioritise vaccination for retail employees

After Industry chamber FICCI wrote to the Union Health Ministry seeking inclusion of retail industry staffers in the list of ‘frontline workers’ for the COVID-19 vaccination drive, it was the turn of Retailers Association of India (RAI) to appeal...

Retailers on brink of full recovery with sales at 93% of pre-COVID levels in Feb 2021

The quantum of de-growth in Retail sales has reduced as most segments in retail have started to show significant improvement. The 13th edition of the Retail Business Survey by the Retailers Association of India (RAI) indicates sales in February...

Retail stalwarts deliberate new methods of doing business in the next normal

The 15th edition of RAI’s Retail Leadership Summit (RLS) 2021 was hosted online on the 24th, 25th & 26th of February 2021, enabling wider participation and audience. Witnessing stimulating exchange of ideas between retail industry stalwarts on the way forward for the Indian Retail Industry into...

Budget 2021: Apparel sector will become globally competitive, FMCG consumption will go up say experts

As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...
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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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