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51% consumers prefer Amazon.in for buying large appliances (51%) this festive season: Study

Indiaretailing Bureau -
According to a Nielsen study, 68% consumers have identified Amazon.in as their go-to and convenient online shopping destination with almost half identifying the e-commerce marketplace for festive shopping Bengaluru: Amazon.in is the most preferred online brand for consumers to shop this...
Research

Indian consumer spending likely to be higher this festive season: Report

PTI -
Deloitte's ConsumerSignals research said that about half of the participants believe they can effectively handle significant unexpected expenses in the near future New Delhi: Indian consumer spending is expected to be higher this festive season, on the back of increasing...
Fashion & Lifestyle

Grasim Textiles plans to open 100-120 retail stores in smaller cities over next two years

PTI -
It also hopes for a surge in demand for textile products in the upcoming festive season Kolkata: The textile division of Grasim Industries is planning to expand its footprint in smaller cities and towns by opening around 100-120 retail stores over...
Fashion & Lifestyle

Festive season demand helps lift textile prices: Ind-Ra Report

IANS -
Healthy festive and export demand lifted the prices of textile products in November 2020, said India Ratings and Research (Ind-Ra). According to Ind-Ra, cotton prices inched up by 2-4 per cent on a month-on-month (MoM) basis and were even higher...
Latest News

Festivity brings back cheer to small businesses: Report

Indiaretailing Bureau -
The festive season has brought about a much-needed respite to the micro, small and medium enterprise sector. These sectors have witnessed faster recovery, particularly sale of sweets, reveals data gathered by OkCredit, the pioneers in digital bookkeeping apps which are...
Retail

56% e-commerce order volume growth this festive season: Report

Indiaretailing Bureau -
This festive season the e-commerce industry reported ~56% growth in order volume as compared to the festive season last year*. The increasing order volume also led to the 50% growth in GMV as compared to the last year festive season. "The consumers have...
Retail

Festive season set to boost e-commerce & retail industry

Apoorv Bhatt -
The festive season is just around the corner. While India is battling the economic slowdown, the e-commerce and retail industry is all geared up to capitalize on the festivities with a hope to recover lost sales. The online retail...
Research

Festive season spend may dip by 33 percent this year: Report

Indiaretailing Bureau -
Consumers spending in the upcoming festive season is likely to drop by one-third compared to last year and Coronavirus impact may further add to the woes of local retailers, according to a survey by Localcircles. Most of the consumers surveyed...
Retail

Less reason to celebrate for retailers: GST deflates festive season jubilance for SMEs in retail

Sunil Gupta -
The festive season in India is a time for celebration and family revelries, and the important role of gifting in our culture has always meant that it is the busiest time for retail businesses. Large volumes of products flew...
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Latest News

Latest NewsPTI -

UPI transactions hit record high of Rs 25.14 lakh crore in May

In terms of volume, 1,867.7 crore transactions were done in May against 1,789.3 crore in the previous month New Delhi: Transactions...
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