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Organised retail penetration expected to reach 10% 2020 against current 7%
Globally it is $100 billion business while in India it is hardly a $200 million business but is expanding at over 40% year over year.
According to the research, the biggest challenge that stands in the way of this adoption is disjointed technology & systems within retail enterprises.
Do colours of office desks and chairs, and work productivity have direct correlation? "Completely true and yes," says Ashish Aggarwal, chairman of Indo Innovations, a global player in manufacturing and supplying of office furniture.
Global retailers such as Lush, Apple, Ernster amongst others focusing on customer first approach not only to win laurels but also to improve business.
Although it is not clear yet how many employees will be under the firing axe radar, sources said it is happening across verticals and a few management level employees have already put papers.
Where Radio cabs are proving to be an expensive model and three wheelers on call are facing acute shortage, demands for models like bike rent service is increasing. Let's know more.
A recent survey conducted in the year 2015 suggests that the nearly 50% of the customers experienced a problem during their last shopping trip
Today the major airports of the country have substantial area devoted to retail. Perfume, cosmetics and destination merchandise are the largest-selling items at the departure section of the Delhi airport.
.Cash transactions have caused a host of problems for MSMEs including delayed payments, untimely credit, and issues with getting loans
Automation is the next wave of change which is happening across the enterprises in India, and retail is not an exception.