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McKinsey

Rajeev Krishnan to leverage expertise from Target, Wal-Mart, McKinsey, & SPAR to scale Sylcon Retail’s Supermarket and Specialty Concepts

Krishnan’s plans include launching value-driven express supermarket formats and convenience stores for Gen Z, venturing into lifestyle jewellery, beauty and more…Veteran food retailer Rajeev Krishnan, who recently joined the Sylcon Group to head its retail vertical that operates hypermarkets,...

The Green Revolution in Retail

A look at the different initiatives taken by players in the retail ecosystem to reduce their carbon footprint New Delhi: The retail industry accounts for over 25% of carbon emissions with a majority of this occurring in the retail value...

India should have done more to protect jobs in all sectors, including retail: McKinsey Partner

While speaking at an event organised by industry lobby grouping CII, Alok Kshirsagar, a senior partner with McKinsey & Company, said India should have done more to protect employment in some way, shape or form during the COVID-19 pandemic.Analysts...

Lenzing AG: Tailoring sustainable & environmentally responsible lifestyles

Lenzing AG, one of the largest wood-based fibre manufacturers of the world, has been promoting sustainable fashion in India for over a decade with its products TENCELâ„¢ and LENZINGâ„¢ ECOVEROâ„¢, all sustainable and environmentally responsible fibres.India is a young...

Global fashion industry suffers 90% economic profit decline in 2020: The State of Fashion 2021

The Business of Fashion (BoF) and McKinsey & Company released a new report, 'The State of Fashion 2021'. Now in its fifth year, the report covers the future of the $2.5 trillion global fashion industry, based on exclusive interviews...

COVID-19: A global view of how consumer behaviour is changing

Consumer behaviors are settling into a new normal, as people everywhere learn to live with the reality of COVID-19 and as more countries reopen parts of their economies, says ‘A global view of how consumer behaviour is changing amid...

Back to Business: Fashion retailers focus on shop by appointment, engaging consumers online

When cities went under lockdowns, it was the nonessential items businesses which were forced to temporarily shutter shop, the worst hit by the pandemic. The supply chain too suffered with the closure of retail units. One of the worst...

COVID-19 lockdown opens new markets for luxury industry

The COVID-19 pandemic has dramatically changed the retail industry almost overnight. As per recent reports by Bain & Co., and McKinsey, major luxury companies have swivelled focus to address urgent public health needs. Factories that were producing scarfs and...

Madhur Deep, Senior VP, Alibaba

Madhur Deep Senior VP Alibaba Group Former McKinsey and Delloite executive Madhur Deep, joined Chinese behemoth Alibaba as its Senior Vice President recently. In his new role, Deep will be responsible for heading the strategy and investment teams to build out market entry,...

What is the price of customer loyalty?

The risk of losing customers must keep grocers up at night. So how do they avoid that scenario? There are many ways to maintain customer loyalty, but experts say consistent and transparent pricing may be the most important. Moreover, getting...
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The Secret to Success: Mastering After-Sales Services in Electronics

By offering meaningful and interactive after-sales services, electronics businesses can position themselves as customer-friendly brands and boost brand loyaltyElectronics...
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