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

Showing 1 - 15 Articles out of 656

As we are heading towards the future generation, technology seems to shape our life. We have become more dependent on electricity and gadgets that we are on air or water. The invasion of technology is welcomed in both personal as well as professional lives, especially in business to make life easier for both, customers and

BY Nibedita Mohanta  |  Jul 22, 2017  |  comments ( 0 )  | 

The new GST regime has replaced the complicated structure of indirect taxes. Well, at one hand it has helped the retailers in terms of easy taxation but also forced the retailers to pre-pone their eoss. GST has created a deep impact in certain categories. For example, ‘fashion’ which is one of the most discounted category

BY Shipra Srivastava  |  Jul 20, 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 important but money

BY Nibedita Mohanta  |  Jul 17, 2017  |  comments ( 0 )  | 

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 employment. India is the world’s fifth-largest global destination in the retail space. India’s retail market is expected to nearly double to US$ 1 trillion by 2020 from US$ 600

BY Nibedita Mohanta  |  Jul 17, 2017  |  comments ( 0 )  | 

With the welcome of FDI, the retail market of India seems to grow at triple the speed. The Indian retail market size stands at about USD 585 billion and is expected to grow at CAGR of 13 percent to reach USD 1080 billion by 2020. This growth is largely attributed to the coming of age of the Indian retail sector, which has gone

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

No doubt Diwali has arrived early for Amazon India, as Prime Day 2017 brought in huge numbers of customers especially from smaller towns like Alwar, Muktsar, Gulbarga, and Algona. As per the statement released by the company the top ups on Amazon Pay increased by 17 times on Prime Day, and the percentage of digital payments highest in

BY Shipra Srivastava  |  Jul 14, 2017  |  comments ( 0 )  | 

Summer may be yet to over but most of the retailers have announced their end-of-season sales (eoss)  almost a month back which is almost during the middle of the season. The reason could be to compete with e-commerce portals or cover up the losses.  Moreover, eoss has no longer remained a single sale event to

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

The retail industry is where change is the new constant. Globally, the retail sector has been undergoing a revolution of sorts – driven not only by fast-changing consumer preferences and behaviour but also advances in technology. Foreign and domestic retailers operating in India too have started taking steps to deliver the next

BY Guest author  |  Jul 12, 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  |  Jul 05, 2017  |  comments ( 0 )  | 

Tomorrow is going to be a historic day when Goods and Services Tax (GST) will finally come into effect. This much awaited tax reform would be one of the single largest tax reforms post-independence. Speaking on same, Shishir Baijal, Chairman & Managing Director, Knight Frank India, said,” Much like the initial heartburns

BY Shipra Srivastava  |  Jun 30, 2017  |  comments ( 0 )  | 

With the much awaited launch of GST (Goods and Services Tax) making all the headlines, there has been a lot of skepticism regarding its impact on the Indian economy. Although the economists are calling it one of the most conducive tax reforms of this century, views of traders & businesses are divided.Consumers are also anxious

BY Guest author  |  Jun 20, 2017  |  comments ( 0 )  | 

The goods and services tax (GST) will be implemented from 1st July 2017. There are expectations that the immediate benefit of GST would be felt across sectors including the retail. Speaking on same, Yogeshwar Sharma, Executive Director at Select CITYWALK said, “GST is definitely a positive step forward. Initially, five to six

BY Shipra Srivastava  |  Jun 14, 2017  |  comments ( 0 )  | 

Retail is moving into a new era where, what happens outside of physical space is becoming as important as what happens within. The physical world has collided with the virtual; the two may soon become indistinguishable. Innovative Technologies and greater interactivity with customers are revolutionising the way retailers utilise store

BY Indian Retailer Bureau  |  Jun 13, 2017  |  comments ( 0 )  | 

It is been usual exercise for retailers to come-up with new collection every season. Though, now the whole exercise starts months before due to the impact of global brands. It won’t confuse the designers instead; it's part of a bigger trend towards a sort of seasonless style. For example, indigenous ethnic fashion brand Biba

BY Shipra Srivastava  |  Jun 05, 2017  |  comments ( 0 )  | 

Today, we witness a flood of entrepreneurs battling it out to sell their products or services to the consumers. They surely have an idea in place and also manage to arrange the capital, but at times it is only the start which matters. Opening a retail business or any kind of business, have something in common. The foundation of any

BY Nibedita Mohanta  |  May 18, 2017  |  comments ( 0 )  |