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Retail, from luxury to e-commerce, is an extremely price sensitive business. Logistics, when utilised smartly, can prove to be a key factor impacting profits.
Any asset-light model is simply a business model whereby the company has relatively few capital assets compared to its operations.
The company is working towards revolutionary methods to improve in-store experience.
So far Walmart India has retrofitted the lighting systems in all its stores with LED lights. This has reduced the stores' electricity demand by 15-20 percent, Walmart India said.
This article is regarding how the shopping malls are using digital technology to innovate their services and infrastructure to enhance customer experience.
A Blockchain is a distributed database that maintains an ever-growing list of records called blocks.
Global retailers such as Lush, Apple, Ernster amongst others focusing on customer first approach not only to win laurels but also to improve business.
A decade ago, providing a fully-integrated shopping experience that started with a brick-and-mortar store and ended with a mobile or vice-versa would have been too far-fetched for any retailer to imagine.
However, it's the restaurant and cafe chains many retailers are turning to, in order to expand their brand presence and find new customer base.
Digital influencers are the new breed of marketers who have brought 360 degree shift in traditional approach adopted by brands when it comes to brand promotion.
The logistics sector is booming and touted to be worth $307 billion by 2020.
By 2025 Promod plans to be the top fashion brand with more than 100 retail doors.
Milk subscription market is still at nascent stage but already fetching the attention from retail giants..