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CSR: Most effective & standard business practice of the modern retail era

Corporate social responsibility (CSR) is an expansive term used to describe a company or an organization’s efforts to improve society in some way. It doesn’t matter then whether the company is private or government, a shopping mall or a...

Shoppers Stop aims 10 pc sales from its Omnichannel in next 3 yrs

Shoppers Stop is aiming to corner 10 percent of its sales from online channel in the next three years as K Raheja group retail chain is betting big on its Omnichannel system. According to a PTI report: Shoppers Stop, in...

Shoppers Stop Q4 net profit at Rs 20.78 crore

Retail chain Shoppers Stop has reported a standalone net profit of Rs 20.78 crore for the fourth quarter ended March 31, 2018. The company had reported a net loss of Rs 36.06 crore in January-March quarter a year ago, Shoppers...

How grand brand launches pave way for a successful retail journey

Imagine a brand achieving a sale amounting to Rs 5 crore in just 12 hours from its launch. No, we are most certainly not making this up. This happened at Phoenix Marketcity, Bengaluru. The brand in discussion here is...

East India Is ‘The’ Retail Market to Be In Over the Next Decade

Customers in emerging cities of Patna, Bhubaneswar, Ranchi, Asansol, and Siliguri, along with Kolkata, want the best – then be it lifestyle, fashion, or health & beauty. The region, which once hesitated to experiment, is now displaying an impressive upward retail...

Top market trends in women’s western wear market

Women’s western wear in India has moved beyond a pair of bottoms and a top. Where earlier secretaries and receptionists were the only ones usually seen sporting a skirt and blouse, today chic skirts with sexy tops, blouses, gowns,...

Govind Shrikhande, Customer Care Associate & MD, Shoppers Stop

Govind Shrikhande Customer Care Associate & MD Shoppers Stop Govind Shrikhande has been with the company for over 14 years; he joined in 2001 as Head of Buying and Merchandising before becoming Chief Operating Officer in 2004; promoted to the Chief Executive Officer...

Relief to MSMEs would benefit ecosystem: Retail industry

The retail industry has welcomed the budget, saying the Government's move to cut corporate tax for MSMEs will benefit the ecosystem, boost the rural sector and increase domestic consumption. According to a PTI report: Besides, doubling of allocation of funds...

Retail industry reacts to the Union Budget 2018

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent. In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...

Shoppers Stop Q3 net profit declines 14 pc to Rs 16.34 crore

Retail chain Shoppers Stop has reported a decline of 14 per cent in its standalone net profit to Rs 16.34 crore for the third quarter ended December 31. According to a PTI report: The company had posted a net profit...
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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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