News Feature

The India story of modern retail market may be little behind as compared to mature markets. But, the growth story of private label holds much significance and is on blooming path. Contrary to old school though that private label share should not contribute more than 10% of product portfolio, retailers these days are constantly

BY Shipra Srivastava  |  Oct 10, 2018  |  comments ( 0 )  | 

New Delhi: Swedish furniture retailer IKEA opened its first showroom in India on August 9, 2018. And we watched how Hyderabad stood to an almost standstill situation where stampede like incident happened. IKEA promised Indian consumers superlative experience when it announced Indianised foods in its 400,000 sq ft outlet. Its first

BY Indian Retailer Bureau  |  Sep 04, 2018  |  comments ( 0 )  | 

New Delhi: Walmart India, the wholly owned subsidiary of Walmart Inc., has pledged to remove single-use shrink wrap used for storing merchandise and replace it with sustainable storage solutions across all its Best Price Modern Wholesale Stores in India in a phased manner. The company has already started the drive in its Best Price

BY Indian Retailer Bureau  |  Jul 12, 2018  |  comments ( 0 )  | 

New Delhi: The 2016 demonetization had impacted consumer spending across segments. However, after the initial six months, the situation started coming back to normal, as per a bunch of leading retail brands including Reliance Brands, Future Group and the likes. A recent TRA Research says, between 2016 and 2017, the demonetization year,

BY Sharmila Das  |  Jun 27, 2018  |  comments ( 0 )  | 

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 )  | 

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 )  | 

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 )  | 

Furniture retailer has announced the aggressive plans to achieve the break-even point and attain profitability over next 12-18 months.  With the vision to be in 20 million homes by 2020, this omni-channel retailer is expanding with a CAGR of 83%.  So far, Pepperfry has overall raised INR 1300 cr after its recent fund raise of

BY Shipra Srivastava  |  Jun 20, 2018  |  comments ( 0 )  | 

Bengaluru: Homegrown unicorn Flipkart’s fashion subsidiary Myntra is all set to increase its offline footprint in the market. Myntra will step up its offline presence following the success of its private label Roadster’s offline stores. As of now, the brand operates 12 stores and plans to make it 100 in the next two years.

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

New Delhi: The sale season is back with country’s two e-commerce biggies including Amazon and Myntra hosting summer sale with steep discounts in the range of 50-80%, across categories on their platforms. Flipkart led fashion e-commerce player Myntra has announced the launch of its End of Reason Sale (EORS) from 22nd-25th

BY Sharmila Das  |  Jun 19, 2018  |  comments ( 0 )  | 

Departmental store retailer Shoppers Stop Limited has announced the elevation of Rajiv Suri, from his current role as the Chief Executive Officer to the Managing Director (MD) and Chief Executive Officer (CEO) of the company with immediate effect to lead the next phase of expansion. Rajiv was appointed as the CEO of the company in

BY Shipra Srivastava  |  Jun 11, 2018  |  comments ( 0 )  | 

In the month of January this year Sheryl Sandberg, the COO of Facebook mention about a start-up called Glassic, a Bangaluru based eyewear retailer while launching WhatsApp Business. Glassic being a small business started its operations by taking orders on WhatsApp. The USP of Glassic is its low price-points which go highest upto

BY Shipra Srivastava  |  Jun 06, 2018  |  comments ( 0 )  | 

It is not unusual for yoga guru Ramdev to capture the headlines. He has done it again! And, this time he has made a big foray into Indian telecom sector “swadeshi” SIM card in partnership with BSNL and introduced a messaging app named Kimbho. Patanjali's spokesperson SK Tijarawala took his Twitter account to

BY Shipra Srivastava  |  May 31, 2018  |  comments ( 0 )  | 

New Delhi: The 77% Flipkart stake acquisition has led Walmart to penetrate Indian market deeper, yet the later is yet not up to take up India’s immensely opportune food retail business. Here’s why? “The margin on non-food items is higher comparing to food items. With the help of that additional margin we get

BY Sharmila Das  |  May 30, 2018  |  comments ( 0 )  |