News Feature

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 )  | 

New Delhi: Chinese smartphone manufacturer OnePlus plans to launch five more exclusive experience centers in major metros in the country after its successful launch of Bengaluru store. The company is also planning to have 10 authorized stores and 16 exclusive service centers in other leading cities, a top company official said this

BY Sunil Pol  |  May 29, 2018  |  comments ( 0 )  | 

A day after US retail giant Walmart struck its largest deal with Indian e-commerce company Flipkart, there has been prevailing fear among small traders and farmers that deal could potentially wipe off their business. Although the details & metrics of the deal is yet to be made public but as a first reaction, the

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

The Confederation of All India Traders (CAIT) today sought immediate intervention of the Government in proposed merger deal of Walmart-Flipkart and calls for an inquiry into the metrics of the deal. Since there is no policy or rules for e-commerce as of now, no such deal should be allowed as it will more encourage all kinds of

BY Shipra Srivastava  |  May 09, 2018  |  comments ( 0 )  | 

In brick world, Walmart is the father of the retail world. All retailers and retail professionals must have read the autobiography of Sam Walton, i.e., Made in America which itself talks about his learning and how he builds this Retail Empire from scratch. No wonder, everything is permanent, except Change and this new internet

BY Guest author  |  May 09, 2018  |  comments ( 0 )  | 

Biscuits are common product of consumption for rich and poor alike. As per Indian biscuit manufactures association (IBMA) data, India produces 5000 tons of biscuits everyday which gets well absorbed in the market. This industry is a huge contributor of  Indian government supported ‘Make in India’ initiative since

BY Shipra Srivastava  |  Jan 19, 2018  |  comments ( 0 )  | 

The Union Cabinet today approved a proposal to allow 100 per cent FDI or foreign direct investment through automatic route in single brand retail. Currently, FDI up to 49 per cent is permitted under automatic route in single brand retail but beyond that limit, government nod is required. The Union Cabinet today reviewed foreign direct

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

The online commerce in India is poised to cross USD 50 billion mark by the end of 2018 from the current level of USD 38.5 billion. As per the report, the growth in e-commerce sector is purely driving on growing share of internet population along with online shoppers. The report also indicated that the digital commerce market in

BY Indian Retailer Bureau  |  Dec 26, 2017  |  comments ( 0 )  | 

The Indian e-commerce industry has been on an upward growth trajectory and is expected to surpass the US to become the second largest e-commerce market in the world by 2034. This overally crowded e-commerce industry will be further competition soon. Apart from Flipkart, Amazon, there is going to be one more contender very soon.

BY Shipra Srivastava  |  Nov 29, 2017  |  comments ( 0 )  | 

In the last one year, India has witnessed iconic economic reforms such as the demonetization drive and passing of the GST bill. These initiatives have triggered positive expectations about the growth of digital payments in the coming future. A report by Google and Boston Consulting Group (BCG) estimates the size of the digital payments

BY Guest author  |  Nov 22, 2017  |  comments ( 0 )  | 

The Indian Retail Industry is poised to grow exponentially in next 10 years. The demographics of our country are screaming loudly about the potential that we hold for both the Retailers and the consumers. Despite the emergence of organized retail space in various formats like super markets, hyper markets, specialized stores, brand

BY Guest author  |  Nov 09, 2017  |  comments ( 0 )  |