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Retailers on brink of full recovery with sales at 93% of pre-COVID levels in Feb 2021

The quantum of de-growth in Retail sales has reduced as most segments in retail have started to show significant improvement. The 13th edition of the Retail Business Survey by the Retailers Association of India (RAI) indicates sales in February...

Retail stalwarts deliberate new methods of doing business in the next normal

The 15th edition of RAI’s Retail Leadership Summit (RLS) 2021 was hosted online on the 24th, 25th & 26th of February 2021, enabling wider participation and audience. Witnessing stimulating exchange of ideas between retail industry stalwarts on the way forward for the Indian Retail Industry into...

Budget 2021: Apparel sector will become globally competitive, FMCG consumption will go up say experts

As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...

Budget 2021: Thrust on infra development, ease of doing business positive for retail

According to Kumar Rajagopalan, CEO, Retailers Association of India (RAI), Budget 2021 is growth-oriented, well balanced and progressive."Overall, it is a popular budget without being populist. The retail industry was almost squashed during the pandemic. It is slowly getting back...

Budget 2021: Formulate a National Retail Policy, RAI urges Government

All eyes are set on the Budget 2021-2022 for the key role it will play in accelerating the revival of the economy. Consumption drives the economy, and retail is the gateway to consumption.The Indian Retail sector (sized at USD...

RAI welcomes Karnataka decision to allow shops, malls, restaurants to stay open 24×7

Retailers Association of India (RAI) has been working with the State Government of Karnataka for enabling Ease of Doing Business and has been pursuing various departments to adopt the State Retail Trade Policy and allow retailers to operate 24X7,...

Retailers hopeful of achieving ~85% pre-COVID sales by June 2021

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of...

Retailers registering steady recovery driven by festive shopping: RAI Survey

Retailers Association of India (RAI) released their latest Retail Business Survey which indicated a steady month-on-month recovery for retail businesses across India, with sales in November 2020 being 13 per cent short of the sales during the corresponding period last year. Retailers...

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....

Green shoots of recovery visible in retail business, but yet to reach last year's levels: RAI

Consumer durables and electronics category recorded positive sales growth in October as compared to last year as retailers overall continued to witness a steady month-on-month recovery, although business is yet to reach last year's levels, according to a survey...
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