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Trends

This section covers the news-based features that identify what are the latest trends ruling the retail sector.

Showing 1 - 15 Articles out of 690

A survey jointly conducted by CDFI and IIM-B reveals that 63% retailers have opened arms to cashless transactions post note ban  A year after demonetization,majority of retailers are upbeat about mobile payments, while customers too prefer cashless transactions, said a survey report by the Centre for Digital Financial

BY Shwetha Satyanarayan  |  Nov 16, 2017  |  comments ( 0 )  | 

As online retailers leverage new technology on ecommerce to create unique shopping experiences, the brick and mortar retailers too are not very far behind in bringing digital experiences to the stores. Experiential stores are picking up trend and retailers are not shying away from creating unique shopping experiences at stores, writes

BY Shwetha Satyanarayan  |  Nov 16, 2017  |  comments ( 0 )  | 

Retail business is no more limited to opening and running stores, businessmen have come up with various modes of interacting with other companies and reaching out to the customer base. The Indian retail industry accounts for over 10 per cent of the country’s Gross Domestic Product (GDP) and around 8 per cent of the

BY Nibedita Mohanta  |  Nov 15, 2017  |  comments ( 0 )  | 

Goods Service Tax (GST) has changed the way transactions and billings of the major gold and jewellery shops across the country. After a lot of debate on the issue of tax reform in the gold price, finally, a rate of 3 per cent tax was fixed. Though slab is considered to be higher but it is much lower than what was feared initially..

BY Shipra Srivastava  |  Nov 13, 2017  |  comments ( 0 )  | 

The technological revolution, which is taking place in the world, right now, is one of the reasons that e-commerce companies are getting encouraged to come up with more and more options. According to a new study by Forrester Research, approximately a fifth of total retail sales will take place online by 2021 in Asia Pacific, with

BY Nibedita Mohanta  |  Nov 10, 2017  |  comments ( 0 )  | 

The rise in per capita income has transformed the Indian wedding into a lavish affair. It is a perfect opportunity for retailers as well as shopping centres to escalate revenues along with footfalls. To tap the potential, malls lending all sorts of support to make the event biggest shopping extravaganza. Though, this time wedding

BY Shipra Srivastava  |  Nov 06, 2017  |  comments ( 0 )  | 

Rapid use of chemicals and fertilisers have forced people to find a healthy way of living, this is where organic market comes into consideration. Organic food make its roots firm after people realised the importance of being healthy and carrying a healthy lifestyle. According to TechSci Research report, “India Organic Food

BY Nibedita Mohanta  |  Nov 02, 2017  |  comments ( 0 )  | 

Our planet is in dire need of environmental protection, the rapid increase in industrialization has left little green patches on the face of earth. So the new generation retailers think that it is their time to fix the damage by going green. The Bureau of Energy Efficiency in India has identified the retail industry as an

BY Nibedita Mohanta  |  Nov 01, 2017  |  comments ( 0 )  | 

With increased demand in more urbane, upgraded products and personalised feel, most brands have now gone ahead with launch of experience centres. The brands aim at offering its patrons a more convenient way to physically experience and see their products. This will also help the brands to establish a direct connection with the

BY Ekta Sharma  |  Oct 29, 2017  |  comments ( 0 )  | 

When fashion and apparel, words like these are pronounced, only one thing used to come to mind, that is women. But it is buried in the past as the society has evolved with time. Now fashion and beauty shares equal space in both gender’s wardrobe. As per Euromonitor International's report, womenswear in India has

BY Nibedita Mohanta  |  Oct 26, 2017  |  comments ( 0 )  | 

Diwali is one festival that retailers wait anxiously thorough out the year. But this time things are not going as usual. This year Diwali seems to be failed in bringing the cheer to retail sales. Footfalls are low and sales have gone down like never before. This time Diwali has come under the shadow of goods and service tax (GST) which

BY Shipra Srivastava  |  Oct 13, 2017  |  comments ( 0 )  | 

Opening a retail business or any business, have something in common. The foundation of any business needs to be strong, upon which the entire business tree can depend. So to help you in laying the foundation strong, here are the ingredients to keep in mind: Proper planning: To start any business money is as important as

BY Nibedita Mohanta  |  Oct 12, 2017  |  comments ( 0 )  | 

The sportswear business has picked up the pace recently, which earlier was limited to sportsperson, have reached out to the mass and is more as a fashion statement than remotely related to sports. All thanks to the growing awareness, endorsements by the celebrities and social media has made the demand to sky rocket. In 2015-16,

BY Nibedita Mohanta  |  Oct 03, 2017  |  comments ( 0 )  | 

The technological revolution, which is taking place in the world, right now, is one of the reasons that e-commerce companies are getting encouraged to come up with more and more options. According to a new study by Forrester Research, approximately a fifth of total retail sales will take place online by 2021 in Asia Pacific, with

BY Nibedita Mohanta  |  Sep 30, 2017  |  comments ( 0 )  | 

Despite spending billions each year on loyalty programs and initiatives, retailers are struggling to effectivelyuse theirdata to differentiate the customer experienceand retain sales. This is one of the findings froman EY survey of 130 C-suite-levelretail executives from North America, Europe and Asia,that reveals the challenges

BY Indian Retailer Bureau  |  Sep 29, 2017  |  comments ( 0 )  |