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Rise in online shoppers from low-tier cities to propel India’s global rank ahead of US

India, that is currently at the third rank after China and the US, will soon overtake the US to hold the second rank, said Anurag Mathur, Partner - Consumer Goods & Retail, Bain & Company at the Internet Commerce...

How retail brands are using conversational commerce

Retail business leaders at the Internet Commerce Summit 2022 revealed that they are using conversational commerce for improving customer relationships and experience Bengaluru: Business leaders from various retail businesses shared that they have been able to improve customer relationship and experience...

Data is oxygen for brands to chart their future course of growth: Business leaders at ICS 2022

"Data is oil, data is soil and data is oxygen for us. That is what we are breathing and seeing. And the more we care for it, the more value we can derive out of it," said Satish Panchapakesan,...

Speed, Story and Consistency: Panelists share mantras for succeeding in an omni-channel world at ICS 2022

Representatives of leading brands deliberated on the formula for success in a panel discussion at the Internet Commerce Summit 2022  Bengaluru: Given the changing customer journeys and buying behaviour, brands need to focus on speed, their story, consistency to succeed, said...

Future of India’s consumption story will be offline plus online: Tiwary of Amazon India

The vice president and country manager for Amazon’s consumer business in India Manish Tiwary was delivering the inaugural address as the chairman of the ICS 2022 in Bengaluru. He was speaking on the theme of Digital Democracy – Accelerating...

5 lakh stores across India employing over 20 lakh associates celebrated Retail Employees’ Day

While Bollywood celebrities including Salman Khan and Ananya Pandey took to social media to greet retail associates and encourage them for their dedication and hard work, several ministers conveyed their wishes through letters New Delhi: Over 5 lakh stores across...

Gems and jewellery exports rise 12 pc to Rs 19,855 crore in November: GJEPC

In November, the overall gross export of Cut and Polished Diamonds (CPD) grew 4.97 per cent to Rs 10,202.54 crore compared to Rs 9,719.72 crore in November 2021Mumbai: The gems and jewellery exports grew 11.83 per cent to...

FMCG firms staring at muted revenue growth this and next fiscals amid inflation, sluggish rural demand

Revenue growth of the FMCG sector will be muted at 7-9 per cent this fiscal and the next compared to 8.5 per cent in the last, while volume growth will be just about 1-2 per cent, down from 2.5...

McDonald’s North, East India to double store count, hire 5,000 employees

McDonald's rolled out its largest restaurant in India at Guwahati, spread across 6,700 sq ft with a capacity to feed 220 people at a timeGuwahati: Quick service restaurant McDonald's India (North and East) on Monday said it will hire...

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 industryBy Shiv JoshiNew Delhi: Retail organisations big and small across six countries—India, Bangladesh, Qatar, Philippines, UAE and...

3 Reasons to attend Internet Commerce Summit 2022

Chaired by Manish Tiwary, Vice President of Amazon India, the Internet Commerce Summit 2022 is set to host 1000 attendees, 300 companies, 100+ speakers. But that’s not what makes it a must-attend; it’s the insights, networking opportunity and exposure to...

M3M India buys 1.3-acre land in Gurugram for 200 cr to build commercial project

M3M acquired the 1.3-acre land near IFFCO Chowk, Gurugram through an auction conducted by Haryana Shahari Vikas Pradhikaran (HSVP)New Delhi: Realty firm M3M India has acquired 1.3-acre land parcels in Gurugram for about Rs 200 crore to build a luxury commercial project,...

Myntra registers 130,000 first-time shoppers from non-metros on day 1 of its EORS sale

More than 50% of the 130,000 first-time shoppers participating on Day 1 of the 17th edition of Myntra’s End of Reason Sale were womenBengaluru: The 17th edition of Myntra's flagship EORS (End of Reason Sale) that kickstarted on 10...

3 Reasons to attend Internet Commerce Summit 2022

Chaired by Manish Tiwary, Vice President of Amazon India, the Internet Commerce Summit 2022 is set to host 1000 attendees, 300 companies, 100+ speakers. But that’s not what makes it a must-attend; it’s the insights, networking opportunity and exposure to...

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E-commerce cos focus on transparency, good shopping experience to foster consumer trust: Experts

Big e-commerce players like Amazon use advanced AI/ML (Artificial Intelligence/Machine Learning) to combat fake reviewsNew Delhi: The success of...
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