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Lalit Agarwal

Recovery only after Q2 FY2025: Retailers

While retailers are hopeful festivals may spark some demand, they expect the slowdown to end only after September 2024 i.e. Q2 FY 2025New Delhi: A rebound for retail businesses in India—which is currently reeling under a substantial slowdown—could only...

Retail Employees Day 2020: Celebrating frontline retail warriors in COVID times

Come December 12 and the Retail Industry across the globe  trains the spotlight on retail associates and celebrates them on the occasion of Retail Employees Day (RED). December 12 is the day to acknowledge retail associates who work with heart....

V-Mart appoints Vineet Jain, a retail veteran, as Chief Operating Officer

In a significant boost to the already robust leadership team of V-Mart Retail, the company announced Vineet Jain, retail industry veteran and former CEO, Future Group, North India, has joined as its new Chief Operating Officer. An industry veteran who...

COVID-19: Improved communication, real-time info sharing helped retailers prepare for business resumption

Faced with disruptions due to the coronavirus pandemic and resultant lockdowns, several retailers took that opportunity to improve communication within their respective organisations which eventually helped them towards smooth business resumption in the unlock phase. Also, a communication up-skilling of...

V-Mart reports 17 pc y-o-y recovery in sales against one-third operational days in Q1

V-Mart Retail, India’s leading value fashion retailer with presence across 19 states and 191 towns, announced its audited financial results for the first quarter ended June 30, 2020. Owing to COVID-19 pandemic and a nationwide lockdown for most of Q1,...

Post COVID technology trends & business opportunities in fashion retail

The COVID-19 pandemic has completely rehashed what we knew was retail. The pandemic has plunged the industry into a crisis of unprecedented proportions and completely changed the way businesses will be compelled to function from hereon. As lockdown restrictions...

Building passion within organisations

India’s retail sector employs over 46 million of her citizens. A vast majority of them come from middle-income and lower-income salaried classes from across India’s urban, peri-urban and rural heartlands. Their livelihoods and futures are in immediate peril as...

The future is collaboration, not competition: Lalit Agarwal, CMD, V-Mart Retail

The country is in lockdown, businesses are folding up, workers being laid off and the overall retail confidence level is low. COVID-19 has changed communities, businesses, and the world forever. As retail businesses continue to work through the current...

Consumers footfall increase, average basket value goes up at retail stores in lockdown 3.0

Leading retailers have witnessed an increase in number of footfalls along with a ‘significant’ jump in average purchase value in the third phase of the lockdown. According to industry players such as Metro Cash & Carry, Lots Wholesale Solutions,...

Lockdown 2.0: Consumers’ focus shifts to packaged, high-value food items

The second phase of the coronavirus lockdown saw a considerable shift in buying patterns of consumers from basic necessities to high-value items like snacks, processed food, packaged meat and frozen desserts, retailers said. According to a PTI report: Retailers such...
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Shoppers Stop reaches milestone with 10 million first citizen club members

Members of this program enjoy exclusive benefits such as personalized offers, early access to sales and new collections, invitations...
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