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Retailers Association of India

RAI signs MoU with FaMeTN to support small traders in Tamil Nadu

Retailers Association of India (RAI) will help FaMeTN understand the needs of micro, small, and medium enterprises in retail and also support in development of the state’s retail policy Bengaluru: Retailers Association of India (RAI) has signed a Memorandum of Understanding...

Lok Sabha passes bill decriminalising Legal Metrology Act

This represents a significant milestone in the functioning of retail businesses in India, as the bill removes criminal penalties for certain Acts, such as the Legal Metrology Act and Food Safety Act, and streamlines minor offences Mumbai: The Lok Sabha...

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%...

Retailers witness 6% sales growth in April 2023

Retail businesses across regions have indicated growth in sales with East and South India signalling growth of 7% each, while West India and North India indicate a growth of 6% and 3% respectively, as per an RAI survey Bengaluru: Retail businesses...

Retail icon BS Nagesh urges the retail industry to evolve with the changing landscape

BS Nagesh was among some of the key speakers discussing navigating the New Norm of D2C brands in India and adapting to omnichannel retailing at PRC 2023 Mumbai: At the Phygital Retail Convention 2023, the Megaverse #Groupthink session on "100 Shades...

Advanced analytics and AI will help Indian retailers unlock a ₹400 billion EBITDA opportunity: BCG-RAI Report

The report also provides a roadmap for Indian retailers on how to get started with the adoption of advanced analytics and AIBengaluru: Retailers globally leverage advanced analytics and AI across the value chain, which will help to unlock a...

The Demand for Experiential Retail to Grow in 2023

In 2023, retail in India is expected to grow better than all other key markets globally with Omnichannel becoming the norm for the retailers. Concepts like these will enable millions of small retailers to participate in digital commerceBy Sandeep...

RAI survey indicates 16% growth in December 2022 vis-a-vis pre-pandemic levels

The growth was led by footwear, Jewellery and sports goods categories Mumbai: Retail industry sales in December 2022 showed a growth of 16% as compared to the sales levels during the same period in December 2019 i.e. pre-pandemic, found the...

Centralised framework needed for retail operations amid rising COVID cases: RAI

Retailers Association of India (RAI) on Friday called for a centralised framework that allows for "non-discriminatory operations" of all formats of retail amid various states imposing restrictions and weekend lockdowns in the midst of rising COVID-19 cases. Stating that shutting...

Need coordinated efforts over ad hoc localised retail restrictions as second wave of COVID begins: RAI

The Indian retail industry had faced many hurdles last year due to the pandemic-led lockdowns and localized restrictions. As the number of COVID-19 cases surge and the pandemic takes a new turn with the second wave in the country,...
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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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