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retail
How Retail Technology is Bridging the Gap between In-Store vs. Online Shopping
From quite some time, the debate between in-store and online shopping has been in the limelight. Though it is the same product sold via retailer shops and online stores, there are differences of touch-feel experience for the buyers and…
Govt Retains 51% FDI In Multi-Brand Retail, But AAP Govt Will Not Allow FDI In Delhi!
Department of Industrial Policy and Promotion under Ministry of Commerce and Industry, which is the decision making body for all FDI (Foreign Direct Investment) related matters in India, have released the updated and consolidated FDI…
Aditya Birla Retail Acquires Jubilant’s Retail Business; 3rd Major Consolidation in Retail in a…
Aditya Birla Retail Limited, a retail subsidiary of $45 billion Aditya Birla Group has acquired Jubilant Industry’s retail business in all cash, slump sale deal. The exact amount of the deal hasn’t been disclosed.
Jubilant’s retail…
Future Group Merges with Bharti Retail to Form 15k Cr Revenue Retail Chain Behemoth
Kishore Biyani led Future Group has announced it’s merger with Bharti Retail, there by forming India’s largest retail chain in terms of revenues. This retail behemoth’s annual turnover will be Rs 15,000 crore, which is more than…
Indian Retail in Real Time: How & Where Indians Spend Their Cash [Infographic]
A recent Infographic published by TrustedCompany.com reveals what most of us Indians spend our money on. The Infographic discloses what the billion plus Indians are spending their disposable income on. Ours is a country where we have…
Offline Shopping Going Hi-Tech: Smart Mirrors, Talking Mannequins & More…
Technology never ceases to amaze us.
Three decades back, could our parents have imagined that more than a third of the people on our planet would be connected to each other someday 24X7 via invisible signals some day?
The very mention…
Spencer’s Too Going ECommerce Way
Sanjiv Goenka led Spencer’s Retail is now looking at entering the ECommerce arena soon, joining the likes like Flipkart, Amazon, Snapdeal. The electronic bazaar will be up and going by April this year confirmed Their Group Head for…
What Home Electronics Indian Consumers Purchased in 2014? Offline Stores Preferred!
The Indian customer and his behavior patterns are changing constantly in the FMCG (Fast Moving Consumer Goods) industry especially with Food products leading the market break up with 43%. But consumer durables have seen a high increase in…
Gold, LED TVs, Mobiles & 2-Wheelers Witness Record Sale This Diwali; Consumerism At All Time…
Diwali – 2014 is witnessing unprecedented sales of various consumer good products all over the country. And the good news is that both ecommerce and brick-and-mortar stores are witnessing excellent sales volume.
The hottest products in…
Organized Retail Will Grow 5-Fold To Reach $200B By 2020, Digital Retail Holds The Key
In a study conducted by Boston Consultancy Group (BCG) and Confederation of Indian Industry (CII), it was revealed that organized retail in India, which is currently valued at $40 billion will swell to $200 billion in the next 5-7 years.…
After 7 Years & $1B Investment, Reliance Retail Finally Posts Profit
India’s largest retail chain, Reliance Retail, has finally posted profit, which has been described as a rare feat. After pumping in $1 billion investment with lots of trials and errors and spending close to 7 years in the market, this is…
After Delhi, Rajasthan Scraps FDI in Multi-Brand Retail, Which Other State Will Follow?
Around 3 weeks back, newly crowned Delhi chief minister Arvind Kejriwal made one of his first announcements after coming to power – The banning of FDI in multi-brand retail.
In that article, we had mentioned that it is a very bad…
TESCO Partner With TATA To Open Ind’s First Foreign Multi-Brand Chain
TESCO, World's 3rd largest retail chain, has filed its application to open its chain in India. It has partnered with TATA’s Trent retail operations, and has promised that it will invest $110 million into this joint venture.
Androidland In India – First Hand User Review [Photos]
As many of you might have heard in the previous few days, Google has launched Androidland in collaboration with Spice. Two stores have been launched as of now with plans for more in the future.The two that are launched are in Bengaluru and…
Big Bazaar Direct: Will Indians Adapt This New Business Model?
“If it works, it will be bigger than Big Bazaar”
– Kishore Biyani, managing director of Future Retail on Big Bazaar Direct.
There are mainly two keywords in his statement: “If” and “Bigger”. And if this statement is even 1% true, then…
Big Bazaar Direct, A Franchisee Based Direct Selling Platform From Future Group
Future Group, which has one of the largest chain of retail super-shops in India under Big Bazaar brand, have now launched a unique franchisee based direct selling business model called Big Bazaar Direct as per Business Standard.
Big…
Vegetables / Milk Can Now Be Directly Ordered From Farmers In Pune Through SMS, Email & Phone
Consumers and Retailers in Pune can now order fresh vegetables and milk requirements directly from Farmers at much cheaper rates.
This initiative is carried out by Abhinav Farmer’s Club, a group of around 305 farmers who do farming in…
Govt Approves Free Trade LPG, Will Be Available In 5KG Cylinders At Retail Outlets!
I am sure at some point in your life you have faced problem with procurement of LPG Gas cylinders. Probably 99 percent of home cooking in urban India happens using LPG gas.
The problems are compounded if you relocate to a new place or…
Shocking Data Breach Incident At Croma – Customers Beware!
Ankit Khandelwal from Pune is a regular Croma customer. Like thousands of other customers, he believed that his personal information is safe with India’s one of the largest electronics retail chain, whose parent company is Tata. Little did…
India’s Growing Middle Class Impacts Foreign Investment Strategies!
The impact of shifting demographics isn’t limited to US elections and its economy. Changes underway in India and throughout Asia driven by the rise of the middle class are redefining consumer buying patterns, production capabilities —and…