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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 commerceBy Sandeep...

Flipkart’s net loss in FY22 up by 51% to Rs 4,362 even as the company’s revenue jumped 31%

Flipkart’s subsidiary Myntra’s loss went up by 46% in 2021-22.New Delhi: Flipkart Internet Pvt Ltd’s net loss has gone up by 51% to Rs 4,362 crore for the fiscal year ending March 2022 compared to a year earlier.However, Flipkart Internet,...

Impact of shift in consumer spending and behaviour a challenge in retail: FICCI-PwC Report

The changes to Indian consumer behaviour are being driven by increasing incomes, the younger profile of consumers and growing access to the internet. According to the FICCI-PwC report, Shaping Consumer Trends, the greatly increased use of smartphones, consciousness concerns...

India one of the most promising markets for METRO Cash & Carry

With an aim to have 50 outlets in India by 2020, METRO Cash and Carry India Pvt. Ltd, the Indian enterprise of the world's largest wholesaler, sees the country as one of the top markets to focus on. In order...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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