While back, choices used to scanty in this space, and was not proportional to changing habits of new age consumers. This scarcity led to the birth of many sock-preneur who are vouched to bring socks revolution.
Bensadoun has built Aldo into an international footwear chain with 2,000+ stores in over 100 countries, continuing his family's tradition of craftsmanship and style on a massive scale. Bensadoun's founding values have continued as well - the company inclu
Today, Baby Saffron has state-of-the-art production facilities that produce high-quality saffron for distribution across India. The company is growing 20% year-on-year and besides large-scale bulk orders, retails more than 10 million retail packs a year.
E-retailers follows O2O model to cut down on logistics cost. Encouraged local retailers for sourcing and delivery, hence cutting warehouse requirements of the company. Targets Rs. 17,000 crores by the end of FY '20
As per study by leading research agency Euromonitor urbanisation, more single households, ageing and increased wealth are key factors changing consumers' behavior. The report also lists out the key retail companies operating in India.
EOSS is not losing its relevance, proof being the increasing footfalls. Almost all the malls in Delhi- NCR circle endeavor to make it bigger each year to reap from the willingness of the customers to buy the products.
Interaction and communication-based shopping is emerging as trend to look forward. As per the industry data, online resellers space has been projected to grow to $48 Bn-$60 Bn by 2022 driving the wave of social commerce.
Few of the biggest tech trends that are grabbing headlines in the retail space are Artificial Intelligence (AI) and Virtual Reality (VR).These two buzz words are successfully fetching the attention of retail IT leaders across the globe.