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Organised retail penetration expected to reach 10% 2020 against current 7%
Current mall inventory across 8 cities is 232 malls, spread across 81.26 msf. There is a 16% increase compared to last 3 years.
Following are few case studies demonstrating evolution of modern retail stores which can overcome the challenges eCommerce has brought.
The online milk-retailers will have to bear warehouse operational cost. Specifically, labor cost of picking and packing orders where kirana shops and supermarkets don't fall into. As in supermarket or kirana stores, we consumers go and pick our preferred
The smart sensors inside the machine will push out orders and if a customer changes his mind, it will read the weight of the product and understand what they have picked up, and charge them accordingly.
For long, metro cities and tier I cities have been on the maps of retailers and mall developers looking to expand and grow. Over the decade, however, the scenario changed with increasing lease rentals in metro malls.
Industry experts have announced that cities like Lucknow, Nagpur, Kochi and Jaipur will be the next retail hubs. But what does it take to make these cities retail ready? Shwetha Satyanarayan finds out.
Many eyewear start-ups such as cleardekho, glassic, coolwinks amongst others are changing the eyewear industry forever.
In this week, we have seen e-commerce giant Amazon has rebranded its grocery service Amazon Now to Prime Now. Well, it makes sense for Amazon to capture the consumers who has evolved in ordering milk and bread online.
Furniture renting is not new to the millennials who love to live with less baggage and burden. But have you peeked into the world of seasonal renting of furniture? From TV projector screens to barbecue machines, millennials are making the most of such sea
Wheatgrass juice helps to reduce blood glucose levels, boosts metabolism, gives skin a radiant glow, aids healthy hair and weight loss. Kiva, a startup that has ayurvedic-ally inspired tasty and interesting products, offers ready to drink shots of the ayu