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Kumar Rajagopalan

India private consumption at USD 2.1 tn, set to be 3rd largest consumer market by 2026: Report

New Delhi: India's private consumption has almost doubled to USD 2.1 trillion in 2024 from USD 1 trillion in 2013, growing at 7.2 per cent CAGR, faster than the US, China and Germany, according to a report.On course to...

More than 22 million employees across 33 countries expected to celebrate Retail Employees’ Day (RED) on 12 December

Over the years, the initiative has grown to a global scale with countries like the Philippines, Bangladesh, India, Turkey and the United Arab Emirates among several other countries adopting the practiceMumbai: Over 22 million employees across 33 countries celebrated...

Beyond price tags: How retailers redefine retail through experience

Retailers across categories are adopting experiential retailing to foster connections with customers, enhance brand loyalty, and differentiate from competitors Bengaluru: The role of retail stores has evolved beyond merely facilitating transactions. Brands and customers alike are seeking something deeper, shifting their...

Retail sales grow 5% y-o-y in June 2024: RAI Survey

Sales in South India showed the highest increase at 7%, followed by North and East at 5% each and West India at 4%Bengaluru: Retail sales in June 2024 showed a gain of 5% as compared to the sales levels...

Fair pay, favouritism, workplace politics remain concerns for women in retail: Report

A report by Great Place to Work reveals a perceived gender gap in retail, even todayNew Delhi: While overt gender bias may not be prevalent in retail workplaces, the perception of equity and impartiality among female employees lags behind...

Which technologies will fuel the next wave of growth in retail?

AI, IoT, Robotics, AR, VR, and Computer vision sensor fusion to play a key role as per a report by RAI & DeloitteNew Delhi: Technologies like AI, its offspring generative AI, IoT, robotics and advanced analytics would emerge as...

Recovery only after Q2 FY2025: Retailers

While retailers are hopeful festivals may spark some demand, they expect the slowdown to end only after September 2024 i.e. Q2 FY 2025New Delhi: A rebound for retail businesses in India—which is currently reeling under a substantial slowdown—could only...

Retail businesses report 5% y-o-y growth in January: RAI Survey

Among regions, West India reported the highest growth of 6% in January 2024 found a survey by RAINew Delhi: Retail businesses across the country have reported a sales growth of 5% in January 2024 as compared to the sales...

How ONDC is changing India’s digital commerce game

With more businesses big and small aligning with the Open Network for Digital Commerce, e-commerce in India as we know it is about to change foreverIn December last year, Meta joined forces with the Open Network for Digital Commerce...

Where do retail experts stand on AI for 2024?

Experts highlight that the pace of AI adoption in 2024 will be much faster than earlier, but it will depend on certain factors New Delhi: Indian retailers are hoping to ramp up their spending on AI (Artificial Intelligence) in 2024....
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Homegrown luggage brand Fur Jaden eyes offline entry, Rs 800 crore by FY30

The D2C brand aims to strengthen its brand visibility, broaden its product range, establish its own manufacturing facility, and...
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