The section is about the diverse segments in retail sector. It encapsulates features on the developments, recent trends, active players and other pertinent details about the sectors. The coverage herein highlights the market response towards the different sectors and consumers’ shopping trends.
Every format of retailing has a history of challenging the odds and registering sharp growth among foremost hurdles. Betting on the increasing desire of Indian consumers, the future for India's fruit business looks very bright in the years to come.
Indian millennial consumers are continuously looking at improving their lifestyle by bringing the best products at home in a suitable budget. This dynamic change fosters the growth and development of home furnishing field.
Grocery business is still to penetrate the market with full potential. This year is going to be the most competitive year with other start-ups coming up, while the existing portals will come up with a stable business model.
According to a latest report by Euromonitor International, India is touted to be THE leader in top-ten fastest growing eyewear market during 2016 to 2021 fiscal followed by UAE, Thiland, Malaysia, China and others.
Owing to changing market dynamics and growing popularity of eRetail, fashion retailers have become more adept and flexible in their business models, writes Pankaj Renjhen, Managing Director - Retail Services, JLL India
2015 can be crowned as 'THE' year for hyperlocal space. The industry saw rise, dominance and epic fall in the same year. Despite the large market size, consumer preference and huge injection of funds, what led to such a catastrophic downfall?
Owing to the unorganised nature of the sector there are several problems that the weavers face which have compounded in the recent times. This has led to closure of many handloom units and thus has resulted in massive unemployment.
More than 75 per cent of the shoppers in most such stores happen to be women on a consistent and ongoing basis. They come in, browse, engage, make their choices and then take the final call based on their past experience.