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Krish Iyer

Food

Food-only stores on hold as Walmart India evaluates model per FDI rules

Mehak Sharma -
Clearing the air of rumors about Walmart scrapping plans to set up food-only stores in the country, Walmart India said that the company is yet to come up with a final decision and is still at an evaluation stage. Responding...
Latest News

Retail sector second most threatened by hackers; financial services top the list

Indiaretailing Bureau -
Data privacy protection has been becoming a significant challenge. Most of the sectors have been at the vulnerable risk of data fraud. Retail is the second most threatened segment by cyber attacks in the country after financial services. "Over 92...
Retail

Both online & offline will win the game in the Indian retail landscape

Mehak Sharma -
Even as majority of the brick-and-mortar retailers in India have already dived into the lucrative, but challenging, world of e-commerce - either via a tie-up with an online peer or launching their own Omnichannel play - the debate is still on... Who will win the game in...
Retail

No FDI in multi-brand retail yet, says Nirmala Sitharaman

IANS -
India is not considering allowing foreign direct investment (FDI) in multi-brand retail trading in the current circumstances, the government said on Wednesday. "At the moment, India can create several Walmarts of its own. We welcome anybody. But if some way...
Retail

Krish Iyer lauds Govt focus on ease of doing business in India

Charu Lamba -
Walmart India President and CEO Krish Iyer lauded the Governement's focus on ease of doing business in India, but added that there was still need to further simplify laws at state level for the same. Discussing the 'Shaping Consumer Trends'...
Research

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

Indiaretailing Bureau -
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...
Retail

OPINION POLL: What will the retail landscape look like in 2021?

Mehak Sharma -
Change has become the only constant for the retail sector in India. Rapid growth in online retail has meant significant losses for firms trying to woo customers. But, eventually, they are afoot to find ways to cut losses. Offline...
Retail

YOUR OPINION: Tell us if retail in India changing like never before

Indiaretailing Bureau -
Food

Developing a vision and strategic plan for growth of F&G sector

Krish Iyer, President & CEO Walmart India -
By some estimates, today, the Indian retail market stands at nearly $ 500 billion. At the overall level, Food & Grocery accounts for 60 per cent of the total retail market, but only 10 per cent in modern trade. So, there is a...
In Conversation

Investment climate, ease of conducting business improving in India: Krish Iyer

Mehak Sharma -
Walmart India President & CEO Krish Iyer remains convinced on the India opportunity, even as the world's largest retailer struggles to overcome challenges from online retail in its home territory, the USA. "India is one of the largest markets in...
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Latest News

In FocusDisha Shah -

Why consumers continue to adhere to traditional preferences in jewellery buying

While modern styles and sustainable options like lab-grown diamonds are rising, many consumers still prefer traditional jewellery The Indian Jewellery...
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