The Indian retail sector has metamorphosed significantly over the last few decades. Rapid urbanization and digitization, rising disposable incomes and lifestyle changes of particularly the middle-class has led to a major revolution in the retail sector, projected to grow from US$ 672 billion in 2017 to US$ 1.2 trillion in 2021. Evolving rapidly from usual ‘kirana shops’ to large multi-format stores offering global experience to the e-commerce model that is highly technology-driven, the Indian retail sector has evolved…
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New York-based fashion brand Waimea to expand offline in India
The retailer has already partnered with multi-brand outlet Tipsy Topsy and is currently in talks with other retailers including...