With average monthly electricity spends of Rs 30,000 per site, achieving just 10% savings across all these retail outlets(50,000 approx.) amounts to a total savings of approximately Rs. 1500 crores per annum.
Technology enhancement was yet another topic that was touched at Indian Retail Congress 2017(IReC 2017). Speakers at various points highlight that AI, VR and AR will play pivotal role in enhancing the experience be it online or offline retail.
In its continued efforts to create a superlative experience for customers shopping online, Voonik, a personalisation-focused fashion marketplace has recently announced its partnership with Truecaller, one of the leading communication platforms in the worl
A QR code is basically a high-tech bar code. You can point a smart phone's camera at it, scan and decode the message in it. In many cases, the decoded message is a web link to avoid the hassle of typing on a phone keypad.
Companies like Ray-ban, Louis Vuitton, etc have implemented numerous activities to stop counterfeit goods. In this scenario, technologies like blockchain is an effective measure to address the challenges in the sector.
The company recently engaged in a customer centric strategy to develop innovative collections inspired by customers and trendsetters for its more than 7,000 points of sale across premium multi-brand stores and department stores.
The article throws light on how support of technology and software can help retailers convert business during sales. The view is to be shared both with regards to EOSS and Event specific sales like Republic day, Valentines day etc.
Designing the perfect website for your business requires you to know what works and what doesnt. So if youre looking to build your own B2B e-commerce website, here is a list of things you need to keep in mind before you get down.
Firstly I learnt the power of data, became aware of the variety of technology, and followed it by learning the art of being agile. It was time for me to go about a systematic way of incorporating it into my being.
Most big format retail stores have started depending heavily on technology and have several loss prevention solutions in place. However, thefts and rendering useless merchandise keeps occurring as shoplifters find newer ways to steal/ shoplift a product o