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IKEA has expressed concerns about the price-conscious buyers in India and Engman maintained that pricing could be a major challenge here.
IKEA's global design head Marcus Engman has maintained that the world's fvaourite home appliance brand will customize their products to suit the cooking needs of the Indian households.
Endless aisle is an innovative technology which is helping the retailers in improving store conversion which results in improved revenue.
The company is also looking to grow its footprint in tier II cities.
Shoppers Stop announces appointment of Rajiv Suri as its Managing Director & Chief Executive Officer
Karunakaran M, appointed as Chief Financial Officer along with other key changes to the Board of Directors
To be noted, India has 260 mn registered students, 1.5 mn schools and 8 lakh colleges. In the next three years it is an estimate that about 1 lakh schools will open in India, so the opportunity for writing instruments is high in India.
Digital transformation is not simply about technology. It requires business leaders to re-envision existing business models and embrace a different way of bringing together people.
Companies such as Campus Sutra, Alcis Sports, The Souled Store are craving their niches in offering official merchandise with seasonal touch at decent price points.
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.
Many eyewear start-ups such as cleardekho, glassic, coolwinks amongst others are changing the eyewear industry forever.
The compound annual growth rate (CAGR) of the Indian retail industry clearly depicts an overwhelming growth of 10% every year. If every piece falls in the right place then India will surpass the capabilities of China by the end of 2025.
Milk subscription market is still at nascent stage but already fetching the attention from retail giants..