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Changing retail game with customer-driven commerce

If AI, seamless connectivity, personalization and experiential retail are said to be the future of the industry, retailers will have to watch out for customer-driven commerce, new studies suggest. From customization to dialogue and participation, having customers deeply involved in product development will influence the way customers

BY Shwetha Satyanarayan  |  Jun 26, 2018  |  comments ( 0 )  | 

The next phase of White Revolution is here

New Delhi: Lately the grocery segment and more precisely delivering milk at everyone’s doorstep as a business opportunity has been creating a lot of interest among the likes of Future Group, Amazon and Flipkart. The latter is testing the potential at its home-turf though. According to a leading media report, Future Group may

BY Sharmila Das  |  Jun 25, 2018  |  comments ( 0 )  | 

85 new malls to open in India in next 5 years

Anuj Kejriwal, MD & CEO - ANAROCK Retail There is so much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country, when the fact is that shopping malls have just got started in India - and they are definitely here to stay. As developers learn through trial and error

BY Guest author  |  Jun 25, 2018  |  comments ( 0 )  | 

Vending machines are new trend in QSR biz

If tech-enabled shopping was all about convenience, a new batch of IoT powered vending machines are taking conveniences to a whole new level. From a cup of coffee to your monthly need of groceries, you can now order your needs on an app and pick up from a vending machine near you. Vending machines are the new ‘intelligent

BY Shwetha Satyanarayan  |  Jun 25, 2018  |  comments ( 0 )  | 

India to have over 120 million consumers shopping online by 2018

Indian e-commerce industry is flourishing. According to a study by Forrester Research, approximately 1/5th of total retail sales will take place online by 2021 in Asia Pacific, with 78% of that coming from mobile, up from 63% in 2016. The study adds that online retail via mobile will grow at a CAGR of 15.6%, to reach $1

BY Indian Retailer Bureau  |  Jun 25, 2018  |  comments ( 0 )  | 

How AI is helping augment sales in retail

If you have ever wondered, “is this brand reading my mind”, when you received discount offers from the same brand you wanted to buy apparel, then maybe it is indeed ‘reading’ you. As artificial intelligence (AI) takes over multiple industries, retail too has not been left far behind. In fact, several reports

BY Shwetha Satyanarayan  |  Jun 25, 2018  |  comments ( 0 )  | 

Can you breathe in "The Khadi War?"

New Delhi: It seems the rather intellectual and elite class labeled ‘khadi’ has stirred a new level of strategic war among its makers, sellers. Good part is that we consumers and lover of our khadi kurtas can breathe in ease, ah! As a leading English daily report says, the Khadi and Village Industries Commission (KVIC)

BY Sharmila Das  |  Jun 22, 2018  |  comments ( 0 )  | 

How Flying Machine created single enterprise view of inventory across multiple sales channels?

Flying Machine is one of the indigenously grown brands started by garment division of Arvind mills. The brand was incepted in 80’s; Flying Machine is among few early brands which started the denim category in India though consumption was pretty low. The brand had the positioning of ‘guaranteed brand’ due to its unique

BY Shipra Srivastava  |  Jun 22, 2018  |  comments ( 0 )  | 

Refurbished product platform Togofogo to launch 100 stores by 2020

New Delhi: Togofogo, Indian marketplace for buying and selling of re-commerce products in the mobiles category plans to open over 100 retail stores in the next two years. In the initial stage of expansion, the company will be focusing on the northern part of the country. The offline expansion of the present online venture is to

BY Sharmila Das  |  Jun 22, 2018  |  comments ( 0 )  | 

Pressure cooker to crockery, IKEA plans to go local with designs

As the countdown begins for Swedish retailer IKEA to launch its first store in Hyderabad, IKEA’s global design head Marcus Engman has maintained that the world’s fvaourite home appliance brand will customize their products to suit the cooking needs of the Indian households. In an interview with a daily, Engman said from a

BY Indian Retailer Bureau  |  Jun 22, 2018  |  comments ( 0 )  | 

Men's grooming becomes a hot biz opportunity

The male grooming industry is expected to grow at a CAGR of 45 per cent to touch Rs 35,000 crore in the next three years, as per an Assocham report. While the segment has been largely untapped, start-ups like Bombay Shaving Company is eyeing 8 per cent market share in the industry. In a conversation with Indian Retailer, Bombay Shaving

BY Shwetha Satyanarayan  |  Jun 21, 2018  |  comments ( 0 )  | 

How adidas, Max Fashion, others are improving in-store conversions?

Being a retailer try to imagine the frustration of the customer who walks through the store to find a product which is ‘out of stock’ at that particular time or a beautiful piece of fashion garment lying on the table but the customer is not been able to find her desired colour or size, and ultimately opt to buy a similiar

BY Shipra Srivastava  |  Jun 21, 2018  |  comments ( 0 )  | 

Future Retail eyes larger share of airport sale

Mumbai: Following the footpath of its WHSmith retail chain, Future Retail is eyeing to tap airport locations with launching Future Lifestyle Fashion stores in locations such as Goa, Lucknow, Bhubaneshwar and Gwahati airports soon. In the quest of acquiring larger pie of retail sale at airports the challenge for the group will be to

BY Sunil Pol  |  Jun 21, 2018  |  comments ( 0 )  | 

Hrithik Roshan's HRX to come up with offline stores soon

New Delhi: Actor Hrithik Roshan’s fashion and lifestyle brand HRX is all set to launch its offline store this year. Initially, the brand has plans to set up five stores, first stores to be in Bengaluru followed by Pune, Delhi and Mumbai. The brand is targeting malls to set up the stores and these will be Exclusive Brand Outlets,

BY Sharmila Das  |  Jun 20, 2018  |  comments ( 0 )  | 

Product rental start-up RentSher raises $1.1 million

Bengaluru: With more and more home appliances and furniture rental firms gaining momentum, online product rental marketplace RentSher has raised $1.1 million in its latest funding round. The funding, led by Abu Dhabi-based VC fund Shorooq Investments and Dubai-based Latitude Consultants, also saw participation from other angel

BY Shwetha Satyanarayan  |  Jun 20, 2018  |  comments ( 0 )  |