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A retail biz means lots and lots of data and in fact, a continuous stream of data.
Customer segmentations can be created with associative data of one group of buyers with other groups who have no connection whatsoever with the former.
7% of the leading organizations in India are investing in Blockchain implementation.
The only business which complement and increases the value of any other store or offering in the mall is Indoor Play Parks as for a family visiting.
Internationally technology has been mushrooming for the past decade but in India we can easily say that the past 2 years have been paving the way for the digital era of retail.
According to the research, the biggest challenge that stands in the way of this adoption is disjointed technology & systems within retail enterprises.
India is expected to become the worldâ€™s third-largest consumer economy with a size of USD 400 billion in consumption by 2025.
As per reports, the customer posted a picture of this vegetable biriyani plate with caterpillar on Twitter and filed a complaint in Greater Hyderabad Municipal Corporation (GHMC), who fined the store for Rs 11,500.
At an ordinary retail store, bots can easily reduce the work burden of its human counterparts.
GCPL chose Oracle Demantra Predictive Trade Planning solution which provides the business insights based on data analytics.
Lifecycle marketing is a way of engaging with the customers contextually, guiding them along their journey with the brand, and providing them the experiences they like
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.
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.