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12 December Retail Employees’ Day: Retail industry across the world celebrates its workforce

On 12 December, retailers across India, Bangladesh, Qatar, Philippines, UAE and Turkey appreciate and thank employees for driving their business and the industry By Shiv Joshi New Delhi: Retail organisations big and small across six countries—India, Bangladesh, Qatar, Philippines, UAE and...

Retailers are like dating platforms: Damodar Mall, CEO Grocery Retail, Reliance Retail

Drawing a parallel between the concept of dating or the mythological concept of swayamvar, supermarketwala Damodar Mall shared some experienced and powerful tips of success and survival with the food grocery fraternity Mumbai: Damodar Mall, CEO of grocery at Reliance Retail...

HDFC Bank partners with Arzooo to offer Purchase Cards to Retailers with up to Rs1 Cr credit

Credit will be offered through purchase cards. Arzooo aims to roll out over one lakh such cards over the next 12 months Bengaluru: HDFC Bank partners with retail tech platform Arzooo to launch purchase cards that have been exclusively designed for...

Demand for jewellery could drop by 8% and 15% in Q2 and Q3, respectively

The demand for jewellery in India is expected to contract in the second and third quarters of fiscal year 2023 due to a combination of factors including the recent hike in import duty on gold, high volatility in prices...

Apparel retailers could touch 23% revenue growth despite inflation jab

Apparel retailing in India stands to grow by up to 23% in revenue in the current fiscal year ending March 2023, riding on strong same-store sales, a boost in online sales and aggressive store expansions, a report by credit...

How retail can accelerate vaccinations and return to normalcy

“So, launching Wheel powder, is really sweating blood,” opined Dr. Ashok Ganguly, the Chairman of Hindustan Lever in 1989, as we worked through the tiny lanes of Dharavi. We had spent the entire day, working 35 shops in this...

60 pc Indian retailers expect 25 pc festive season sales cut: Survey

Amid a surge in online shopping due to COVID-19, about 60 percent retail organisations in India have seen their forecasts for the festive season go down 25 percent or more compared to last year, says a new survey on...

Retailers halt expansion, awaiting real estate price correction

Whether we like the crowded shopping malls coming up everywhere or not, real estate is one of the most prominent pointers of a country’s growth and is one of the major avenues of investment for people. The strengthening real estate...

The New Digital Divide: Retailers, shoppers, and the digital influence factor

It is a well-known fact that digital platforms are changing the fundamental workings of many businesses. Music and television have undergone radical changes in just a few years as mobile devices are empowering consumers and forever changing their habits in...

How retailers can go cashless

For multi-chain retailers, managing day-to-day expenditure at the store-level is quite challenging. Everything from inventory levels, fixtures, and signage, to packaging, and point of sale service has to work in great tandem and it all comes down to the...
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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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