retail-shrinkage - Retail News India

How AI is helping augment sales in retail

The technology has optimized inventory management, distribution routes and allocations, as well as replenishment systems

BY Shwetha Satyanarayan | Jun 22, 2018 | comments ( 0 ) |

How Flying Machine created single enterprise view of inventory across multiple sales channels?

Flying Machine attains 23 times rise in GMV by deploying Rubicon technology.

BY Shipra Srivastava | Jun 22, 2018 | comments ( 0 ) |

Refurbished product platform Togofogo to launch 100 stores by 2020

With the demand for refurbished or second-hand smartphones predicted to grow by up to 27% in the coming two years, Togofogo wants to significantly capture the offline market through an organized channel.

BY Sharmila Das | Jun 22, 2018 | comments ( 0 ) |

How adidas, Max Fashion, others are improving in-store conversions?

Endless aisle is an innovative technology which is helping the retailers in improving store conversion which results in improved revenue.

BY Shipra Srivastava | Jun 21, 2018 | comments ( 0 ) |

Future Retail eyes larger share of airport sale

Observing the success of WHSmith retail chain across airport locations in the country Future Group is also keen on tapping the airport retail sale in the country.

BY Sunil Pol | Jun 21, 2018 | comments ( 0 ) |

Myntra eyes 100 stores in 2 years, 50 Roadster stores alone

While Myntra has seen big success online, Narayanan maintained that there has been overwhelming response to its offline stores and it had witnessed increase in sales from the localities around the Roadster store.

BY Shwetha Satyanarayan | Jun 20, 2018 | comments ( 0 ) |

How online retailers are nudging users towards impulse purchases?

When users are ready to act on their impulse, merchants have to make sure that their platforms can provide instant gratification,without any friction.

BY Guest author | Jun 19, 2018 | comments ( 0 ) |

India leaps beyond need based clothing

The increasing purchasing power of male shoppers has spawned a new class of consumers who don't shop for utilitarian but stylistic functions.

BY Guest author | Jun 18, 2018 | comments ( 0 ) |

Can AI and Big Data Analytics remodel Retail

With the digital transformation picking up pace, the most critical entity for any retail business, i.e. consumers, have also undergone a makeover and emerged as a digitally-empowered creed.

BY Guest author | Jun 13, 2018 | comments ( 0 ) |

How to increase the efficiency of a retail store?

Physical stores are here forever. However, with changing times digital enablement is very important to increase the efficiency of the store

BY Shipra Srivastava | Jun 12, 2018 | comments ( 0 ) |

E-commerce retail logistics ride on fresh waves

When was the last time you marked your calendar waiting for an online delivery or even stayed back home just because a parcel was expected? If you fail to recall, you are not alone.

BY Shwetha Satyanarayan | Jun 12, 2018 | comments ( 0 ) |

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

BY Shipra Srivastava | Jun 11, 2018 | comments ( 0 ) |

This is how you can serve conscious customers

So what do customers value the most in a brand- is it price, quality, innovation or uniqueness?

BY Shwetha Satyanarayan | Jun 11, 2018 | comments ( 0 ) |

William Penn partners with Faber-Castell, eyes expansion

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.

BY Sunil Pol | Jun 08, 2018 | comments ( 0 ) |

How digital transformation helps the Modern Retail Business?

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.

BY Guest author | Jun 08, 2018 | comments ( 0 ) |