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Boston Consulting Group

Advanced analytics and AI will help Indian retailers unlock a ₹400 billion EBITDA opportunity: BCG-RAI Report

The report also provides a roadmap for Indian retailers on how to get started with the adoption of advanced analytics and AI Bengaluru: Retailers globally leverage advanced analytics and AI across the value chain, which will help to unlock a...

Retail stalwarts deliberate new methods of doing business in the next normal

The 15th edition of RAI’s Retail Leadership Summit (RLS) 2021 was hosted online on the 24th, 25th & 26th of February 2021, enabling wider participation and audience. Witnessing stimulating exchange of ideas between retail industry stalwarts on the way forward for the Indian Retail Industry into...

For retail resurgence, brands & retailers must focus on fundamentals today, disruption tomorrow: BCG Report

Retailers Association of India (RAI) is organizing its flagship event, The Retail Leadership Summit, with Boston Consulting Group (BCG) as their lead knowledge partner. At the backdrop of the event, RAI-BCG unveiled a report titled 'Retail Resurgence in India:...

The Next Big Question: To be or not be sustainable

Even as fashion retail businesses have remained shut and balance sheets have been stressed due to unprecedented challenges led by the outbreak of COVID-19, there has been a simultaneous demand for companies to accelerate their progress on sustainable initiatives...

Consumer sentiment improving, revival stronger among lower-income segments, small cities: BCG Report

Consumer sentiment has started to get a little better, even though the COVID-19 pandemic has continued to worsen, said a report by the Boston Consulting Group (BCG). ‘Cautious Living' is emerging as the new theme, where consumers beginning to feel...

Digital influence on Indian urban consumers rises up to 70 pc: Report

Digital influence on urban consumers has increased by 70 percent for mobiles, around 60 percent for apparel, and up to 25 percent for the non-food consumer packaged goods categories due to COVID-19-induced changes, new reports from Facebook India and...

Create virtual experiences to turn the tide: Facebook-BCG report

With the COVID-19 pandemic causing significant changes in consumer behaviour, businesses need to embrace hyper-localisation, create virtual experiences and build messaging around new habits such as increased focus on health and hygiene, a report from Facebook India and Boston...

Sharp fall in consumption in the largest apparel markets of the world due to COVID-19: Wazir Advisors

Retail and business management consultant Wazir Advisors have released a report that outlines a sharp fall in apparel consumption in the USA and European countries. Globally, new COVID-19 cases are projected to reach the acme between the time frame...

Reliance’s e-commerce dream to swallow everyone out there

When Paytm Mall started, it took a cue from its investor Alibaba and aimed to become a digital universe for everything. As part of its initial offers, the company started giving cashback to attract customers. According to Pavel Naiya, Senior Analyst,...

Retail Solutions Providers industry in India to take a quantum jump of Rs 20,000 cr from existing Rs 12,000 cr in next 3 years

In-store shopper experiences in India are at the cusp of a major revolution and will shape the future of traditional retail (80 percent of Indian retail sector) allowing retailers to provide the much-needed boost to Indian economy. In-Store Asia highlights...
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ONDC announces Build for Bharat initiative 

The initiative intends to tap into India’s technological and entrepreneurial potential with an expected participation of over 2,00,000 participants...
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