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Gradual opening up non-essential goods via e-commerce will help meet consumer demands: Flipkart

Indiaretailing Bureau -
Walmart-owned Flipkart on Saturday said gradual opening up delivery of non-essential goods through e-commerce will help meet consumer demands, while easing the burden of piled up inventory of micro, small and medium enterprises amid the nationwide lockdown. According to a...
Retail

New coronavirus SOP to inflate retailers' cost up to 35 percent: Rakesh Biyani

Indiaretailing Bureau -
The operating cost of retailers would increase by up to 35 percent after following the new standard operating protocol (SOP), which includes implementing social distancing and a token system at stores, introduced in the wake of coronavirus pandemic, Rakesh...
Retail

‘Provide wage subsidy, loan moratorium to retailers for 6-9 months’

IANS -
As the country's retail sector is near standstill amid the coronavirus crisis and the nationwide lockdown, the Retailers Association of India (RAI) has urged the government to provide wage subsidy of up to 50 percent on salaries up to...
Latest News

1 crore job cuts likely in textile industry without Govt support: CMAI

Indiaretailing Bureau -
There could be as many as one crore job cuts in the textiles sector, which has been severely hit by the ongoing lockdown, if there is no support and revival package from the government, according to apparel industry body Clothing Manufacturers Association...
Retail

Coronavirus Impact: ‘Fashion, grocery may take one year to recover’

Indiaretailing Bureau -
At a webinar hosted by Retailers Association of India (RAI) and Trust for Retailers and Retail Associates of India (TRRAIN) on Monday – in which top industry associations Retailers Association of India (RAI), National Restaurant Association of India (NRAI) and The...
Retail

Budget 2020: Wishlist of Indian retail titans

Charu Lamba -
Budget 2020-21 is just around the corner and retailers have pinned high hopes that the new policies will have a positive impact on the retail market. The retail industry expects the Budget 2020 to revive consumption and spur demand. Apart...
Retail

Walmart e-entry makes India attractive to global majors: Experts

Charu Lamba -
The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday. Kishore Biyani, CEO,...
Retail

Omnichannel to fuel growth of modern retail to Rs 1,718 billion by 2019

Indiaretailing Bureau -
Knight Frank India, in association with the Retailers Association of India (RAI), on Tuesday launched the third edition of its flagship report on the retail sector – 'Think India. Think Connected Retail'. The report tracks the evolution of India’s modern retail...
Retail

Amazon, Flipkart to face tougher competition from retailers in 2017

Indiaretailing Bureau -
Riding high on mergers and acquisitions, retail players made a strong comeback this year, taking online giants head-on in doling out deals and discounts, and the trend is likely to continue next year. However, the Government's surprise move to pull high...
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Latest News

Home Decor & FurnishingIndiaretailing Bureau -

Home furnishings brand OBEETEE launches new outlet in Ahmedabad

Located at Bodakdev, the new outlet is the only OBEETEE store to house its complete furniture range Bengaluru: Handcrafted carpets...
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