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Budget 2021: Thrust on infra development, ease of doing business positive for retail

According to Kumar Rajagopalan, CEO, Retailers Association of India (RAI), Budget 2021 is growth-oriented, well balanced and progressive. "Overall, it is a popular budget without being populist. The retail industry was almost squashed during the pandemic. It is slowly getting back...

Budget 2021: Formulate a National Retail Policy, RAI urges Government

All eyes are set on the Budget 2021-2022 for the key role it will play in accelerating the revival of the economy. Consumption drives the economy, and retail is the gateway to consumption. The Indian Retail sector (sized at USD...

RAI welcomes Karnataka decision to allow shops, malls, restaurants to stay open 24×7

Retailers Association of India (RAI) has been working with the State Government of Karnataka for enabling Ease of Doing Business and has been pursuing various departments to adopt the State Retail Trade Policy and allow retailers to operate 24X7,...

Retailers hopeful of achieving ~85% pre-COVID sales by June 2021

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of...

Retailers registering steady recovery driven by festive shopping: RAI Survey

Retailers Association of India (RAI) released their latest Retail Business Survey which indicated a steady month-on-month recovery for retail businesses across India, with sales in November 2020 being 13 per cent short of the sales during the corresponding period last year. Retailers...

Retail Employees Day 2020: Celebrating frontline retail warriors in COVID times

Come December 12 and the Retail Industry across the globe  trains the spotlight on retail associates and celebrates them on the occasion of Retail Employees Day (RED). December 12 is the day to acknowledge retail associates who work with heart....

Green shoots of recovery visible in retail business, but yet to reach last year's levels: RAI

Consumer durables and electronics category recorded positive sales growth in October as compared to last year as retailers overall continued to witness a steady month-on-month recovery, although business is yet to reach last year's levels, according to a survey...

80 pc consumers look forward for festive shopping: Survey

The upcoming festive season comes with a hope for the retailers as they have been severely hit by the pandemic. A survey by the Retailers Association of India (RAI) and LitmusWorld shows that around 80 percent Indian consumers are...

‘COVID-19 has affected shopping habits on safety concerns’

The coronavirus pandemic has largely affected shopping habits with safety now taking over as a new criterion over price range, variety and convenience, forcing retailers to adapt to the new reality, according to a report. The report by KPMG in...

Localised lockdowns slowing down revival, impacting retail sales: RAI survey

Localised lockdowns are slowing down revival and impacting retail sales as retailers saw de-growth of 52 percent in August as compared to the same month last year, although there is a marginal recovery from the preceding months this year,...
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The Luxottica report card for 2022

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