Page 5 - Retail Market

Walmart Labs' Indian entity to be known as Walmart Global Tech India

The technology arm of the US retail giant said the move is part of the launch of its new global identity as Walmart Global Tech.

Spencer's Retail to raise Rs 80 crore rights in maiden rights issue

The maiden rights issue of Spencers Retail of Rs 80 crore to meet its working capital needs and other general purposes opened on Tuesday.

Liquor sales fall 60% in states with high Corona cess in May-June: Report

While pan India, there was a decline of 25 per cent and 15 per cent respectively in May and June this year, totalling to 4.37 crore cases. It was 5.87 crore cases in 2019 in the same month

Retail business takes a hit as consumers maintain distance from markets

CAIT, Retailers Association of India say retail biz has been hit severely, by 65% in June

How hyper-local consumption is driving change in brand-retail landscape

With the clamour for convenience and support for local brands on the rise, consumers, kirana stores, and brands are redrawing the terms of engagement

Shoppers' Stop stares at FY21 loss on lower footfall, higher costs

The FY21 cut was prompted by indications that the June quarter has been a complete wash out and the outlook in the coming quarters will be weak given the economic downturn

Digital queues to virtual trial rooms: Retail's answer to Covid-19

From digital queues to virtual trial rooms, retail stores are adopting new technologies to adapt to the post-Covid world, reports Sai Ishwar

Retail sector to have muted sales; recovery may be gradual: Report

The focus of larger players is likely to be on ensuring that supply chain is ready with new-season launches so as to benefit from potential demand recovery in the second half

Retail 2.0: Focus on data, tech, innovation, to take on e-commerce giants

New challenges confront the retail sector in the current decade

India's transit retail market to touch $22 billion in 10 years: Report

The consultancy says that the spurt in lease rentals will open up a new revenue stream for operators, who are currently dependent mainly on passenger fares.

Agriculture, small biz, retail loans to be a concern for banks in FY21

The RBI has also estimated a dip in stress at its bi-yearly stability report in December

DMart beats Street estimates: Profit grows 53% in Dec quarter to Rs 394 cr

Top line grows nearly 24 per cent despite weak consumer sentiment; EBITDA margins in Q3 for DMart came in at 8.8 per cent

Four CEOs found the secret to thriving during the retail apocalypse

A few taps on a screen or a handful of words heard by a smart speaker and within a couple days, maybe hours, packages arrive.

Reflections of one of the most dynamic, volatile economic periods in India

The most pronounced transformation has been India's accelerated adoption of the digital way

Online retail sale just 1.6% of total retail trade in India: World Bank

It noted that in the neighbouring country of Bangladesh, too, the online sales a mere 0.7 percent of total retail sales, while that in China is 15 percent and around 14 percent globally

SAIL reworks marketing strategy to draw high volume sales in November

Company clocks 36% YoY rise in volume sales to 1.40 million tonnes

Fuel retail: Job half done

Transparent pricing regime should be the next step

Youth driving discretionary spending, will disrupt retail market: Report

The size of the e-commerce market will grow at least sevenfold to capture 11.4 per cent of the retail market by 2026 from 3 per cent in 2017, says a Deloitte report

Cabinet may ease FDI norms in single-brand retail, insurance today

In the Budget, the government had made clear its intent to further relax FDI norms in several sectors

We will differentiate on service, availability, price: Tanit Chearavanont

By 2030, India is expected to be the third largest consumer market, says Tanit Chearavanont, Managing director, LOTS Wholesale Solutions