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retail sales growth 2023

Shopping mall area to rise 35% over next 3-4 years: Crisil Ratings

The growth in mall space is spurred by a strong recovery in retail sales in the last financial yearKolkata: Research firm Crisil Ratings said that shopping mall space in the country is set to increase by 35 per cent over the next three...

India moves up to 11th position in global direct selling ranking

On a constant dollar basis, the Indian market attained the highest Compounded Annual Growth Rate (CAGR) of over 13.3 per cent during the last three yearsNew Delhi: India has moved up to 11th position in the ranking of top...

Amazon Business records 56% YoY growth during Prime Day

Amazon claimed to have registered a strong growth in Prime membership during the Prime Day event and the highest engagement with 14 per cent more members shopping as compared to last yearNew Delhi: Amazon's B2B platform Amazon Business registered...

Retailers witness 7% sales growth in 2023 as compared to last year: RAI

In categories, Food and Grocery and Footwear reported a growth of 15% each followed by jewellery (14%) and Sports Goods (13%) as compared to sales levels in June 2022 Mumbai: Sales in June 2023 showed a moderate growth of 7%...
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Indian burgeoning e-commerce lowers discounts, focuses on profits, as funding declines

Two-day Phygital Retail Convention deliberates declining consumption disparity New Delhi: Indian e-commerce market is on the rise, but funding from...
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