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Retail Tech Case Study: How Apparel Group India managed to grow its e-commerce sales by 30%

In addition to growth in sales, the Apparel Group was also able to achieve 12-14% increase in ‘add to cart’ rate, among other benefits, thanks to finding the right tech-implementation partner New Delhi: Covid-19 compelled several companies to turn their focus...

Retail: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current Budget that will have a bearing on retail businesses New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023. In the last full-fledged...

Govt yet to issue quality certificate to 160 Chinese companies for selling toys in India

BIS quality certification is issued after an inspection of the factories. Due to the pandemic restrictions and health concerns, the BIS officials could not visit China, says BIS Director GeneralNew Delhi: The government on Friday said it has not yet...

Hiring activity in retail on a recovery path after COVID-19 second wave

Hiring activity by Indian organisations is bouncing back after the disruption caused by the second COVID wave in April, according to the latest Naukri JobSpeak report. The country’s premier index on India’s hiring trends grew by 15% in June’21...

Localised lockdowns, mall closures impacting business, hiring in organised retail: SCAI

The Shopping Centres Association of India (SCAI) on Sunday said that businesses have been severely impacted, with the revenue falling by almost 50 per cent due to localised lockdowns to prevent the spread of COVID-19 in the country. Many state governments have imposed restrictions and localised lockdowns...

Flipkart launches grocery services in Pune amid COVID-19 lockdown

At a time when Maharashtra has imposed stringent restrictions on e-commerce deliveries, Flipkart has launched grocery services in Pune. The e-commerce major says it can deliver up to 6,000 orders per day, as per an ET report."Grocery continues to be one of the fastest-growing categories for...

APAC to account for over 40% global menswear and womenswear market by 2024: GlobalData

High population density, increasing Internet penetration, economic growth and the increased spending ability of the consumers offer huge growth potential for menswear and womenswear sales in the Asia-Pacific (APAC) region. As a result, the APAC market is forecast to...

2nd COVID Wave: Delhi govt shuts malls, curbs cinemas at 30%, bars dine-in at restaurants

In view of the alarming spread of COVID-19 in India, Delhi Chief Minister Arvind Kejriwal on April 15 announced a weekend curfew, while shutting down malls, gyms and spas with immediate effect for time being. Addressing the media, Chief Minister...

European e-commerce revenue to hit $465B in 2021, a 30% jump amid the pandemic

The COVID-19-led boom in online sales has caused an impressive growth of the European e-commerce market, both in terms of revenue and the number of users. As millions of people continue switching from brick-and-mortar shops to webshops, Europe's e-commerce...

10 Emerging Trends: Here’s how the pandemic will alter mall culture in 2021

The COVID-19 pandemic has irrevocably changed the way we go about our daily lives. As we emerge from the after-haze of a year that left us locked in at home with little access to public places, including malls, movie...
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Third Wave Coffee’s CEO Sushant Goel steps down, former KFC CEO Rajat Luthra to take charge

The appointment of Luthra will be effective from the first quarter of FY25New Delhi: Speciality coffee QSR chain Third...
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