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Retailers Association of India

Budget 2024: RAI advocates tax reduction to drive consumption

The industry body asserts that implementing these measures will enhance overall consumer sentiment, positively impacting the retail sectorBengaluru: Industry apex body Retailers Association of India (RAI) has suggested prioritising demand stimulation and encouraging consumption through incentives or concessions, particularly in the...

Saas solution Kiko Live goes live on ONDC Network

Sellers using the Kiko app will now have the opportunity to discover and receive orders from a big pool of potential customers through the ONDC Network New Delhi: Software as a service (Saas) solution for neighbourhood stores Kiko Live has...

Where do retail experts stand on AI for 2024?

Experts highlight that the pace of AI adoption in 2024 will be much faster than earlier, but it will depend on certain factors New Delhi: Indian retailers are hoping to ramp up their spending on AI (Artificial Intelligence) in 2024....

2023 Roundup: The good versus bad for retail

A look at how the year 2023 has been for retail in IndiaThe year 2023 was a mixed bag for retail in India marked by aggressive expansions on one hand and sluggish sales on the other. While there were...

Retailers report only 7% y-o-y growth in Oct, Nov sales 

Most retailers have indicated that the footfalls were not even equal to 2022 though the sales were just about the same as the previous year New Delhi: The retail sales in October & November 2023 showed a growth of 7%...

About 22 Million Employees Across 31 Countries Celebrated Retail Employees’ Day

India's retail sector, employing over 46 million people, observes Retail Employees' Day (RED) annually on December 12thNew Delhi: Close to 22 million employees across 31 countries including Turkey, UAE, India, Philippines and Bangladesh celebrated the Retail Employees’ Day this...

Retail Employees’ Day: From An Idea To A Movement

How Retail Employees’ Day, celebrated on 12 December every year and which seeks to recognise the efforts of retail associates, has grown over the years to become a global phenomenon New Delhi: Retail Employees’ Day (RED) is a day that...

Retail sales see a growth of 9% vis-a-vis August 2022

In categories, QSR and jewellery reported a growth of 14% each, followed by food and grocery (13%) and beauty (10%) as compared to sales levels in August 2022 Mumbai: Retail sales in August 2023 showed a growth of 9% as...

Retail sales grow 9% in July 2023 vs July 2022: RAI Survey

According to an RAI survey, QSR and Food and Grocery recorded a growth of 15% and 14% respectively, while jewellery grew 12% in July 2023  as compared to the same period last year Mumbai: Retail sales in July 2023 showed...

ONDC sells 50,000 kg tomatoes to date at subsided rates in NCR

ONDC sells about 2000 kg of tomatoes every day but consumers just lap it up within 10-15 minutes of going live on partner apps New Delhi: The Open Network for Digital Commerce (ONDC) sells everything from electronic items to fashion...
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Avenue Supermarts shares plunge over 8%

In terms of volume, 48.77 lakh equity shares of Avenue Supermarts were traded on the NSE and 1.41 lakh...
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