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Tesco’s record Christmas sales reveal how COVID-19 has boosted interest in sustainability

Indiaretailing Bureau -
Tesco announced record sales over Christmas, reporting that in 2020, the sales of vegan Christmas alternatives surged, with the retailer’s largest-ever plant-based festive ranges showing significant increases in interest. This is in line with GlobalData’s research which shows that...
Retail

Seamless offline & online convergence makes India the best consumer story in the world

IMAGES Retail Bureau -
The next five years will be dedicated to the convergence of all channels and the emergence of truly new multichannel retail. The inaugural session of the Phygital Retail Convention, Live on Your Screen, on October 14-15, 2020, saw some...
Retail

Phygital Retail Convention: Convergence – Offline-Online, A Reality

Indiaretailing Bureau -
2020 has delivered a VUCA disruption like never before. As the pandemic overhauled the rules of traditional retail, consumer facing businesses across the globe were subjected to a jaw-clenching ride to just stay afloat. The inaugural session of Phygital Retail...
Food

UK supermarket chain Tesco to create 16,000 new permanent jobs

IANS -
British supermarket chain Tesco announced that it will create 16,000 new permanent roles in a bid to support the development of online businesses which have surged during the COVID-19 pandemic. The 16,000 jobs are in addition to the 4,000 permanent...
Food

Grocery retail saw 4X surge in influencer conversations on Twitter over last 90 days, finds GlobalData

Indiaretailing Bureau -
Retailers are seeing a surge in grocery shopping as consumers stock up on food and other essentials because of the COVID-19 outbreak. A similar trend is observed on GlobalData’s Grocery Retail Influencer Platform, where grocery retail related conversations spiked...
Fashion

Ethical Sourcing: How fast fashion giant H&M is setting an example in the wake of the COVID-19 crisis

Shivam Gautom -
At a time when an increasing number of fashion bigwigs are cancelling orders to the tune of billions of dollars, H&M has set an example by standing in solidarity with its supply chain partners in Bangladesh. "We will stand by...
Fashion

Affordability key to Pep&Co growth in childrenswear market, says GlobalData

Indiaretailing Bureau -
Pep&Co has decided to pilot a wider range of its value children’s clothing in 50 stores, a move that will appeal greatly to consumers. According to a survey conducted by leading data and analytics company GlobalData, 52 pc of...
Food

Optimizing customer digital experiences with AI

Progressive Grocer Bureau -
With the advent of AI, brands have gathered a deeper understanding of customers. As AI deals with semantic meaning, meta-level knowledge, and answers which are either exact or optimal, it can easily come up with personalized interactions based on...
Retail

Artificial Intelligence, CCTVs help international retailers in loss prevention

Zainab S. Kazi -
Unlike in India, in the US and UK and other global destinations, a customer is not required to submit his handbag / shopping bag at the entrance. It would be unimaginable for any store in the UK to go...
Food

UK biggest retailer Tesco axes 4,500 supermarket jobs

Indiaretailing Bureau -
Supermarket giant Tesco said Monday it is to axe about 4,500 jobs across its city-centre UK stores to slash costs. Tesco, which is Britain's biggest retailer, will carry out a reduction of around 4,500 colleagues as the group experiences...
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Home Decor & FurnishingNehal Gautam -

Rise of the Sleep industry in India

Sleep solutions business in India is witnessing growth, thanks to Indians waking up to the importance of good slumber Mumbai: The...
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