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Retail sales grow 7% YoY in October-November 2024: RAI Survey

According to the survey, West India experienced the highest sales growth at 8%, while North, South, and East India each recorded a 7% increaseBengaluru: Retail sales in India experienced a 7% growth from 7 October 2024 to 1 December...

Retailer’s body seeks lower interest rate, national retail policy

In its pre-budget memorandum, Retailers Association of India (RAI) said the Union Budget for FY25-26 should focus on generating demand and spurring consumption by offering benefits or concessions in the form of lower taxes to boost the industryNew Delhi:...

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...

RAI raises concerns over proposed GST hike on premium products

RAI has urged the GST Council to adopt a balanced approach that addresses the need for higher tax collectionsNew Delhi: The Retailers Association of India (RAI) has expressed serious concerns over the proposed GST rate increases on premium products...

RAI urges retailers to promote voter awareness ahead of Maharashtra elections

To promote the importance of voting, RAI has initiated to support the Brihanmumbai Municipal Corporation's (BMC) voter awareness initiativeBengaluru: Ahead of the Maharashtra State Assembly elections starting on 20 November 2024, Retailers Association of India (RAI), the apex body...

Retail sales grow 2% y-o-y in August 2024: RAI Survey

According to the survey, North and South India saw sales growth at 3% each, while East And West India showed an increase of 1% each Bengaluru: Retail sales in August 2024 showed a moderate gain of 2% as compared to...

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 2% y-o-y in July 2024: RAI Survey

Sales in West India showed the highest increase at 3%, followed by South India at 2%, while North and East India each experienced a 1% riseBengaluru: Retail sales in July 2024 showed a gain of 2% as compared to...

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...

Access to low-cost finance and consumption boost top RAI’s budget wishlist

The industry body asserts that implementing these measures will strengthen the retail industry and contribute to the GDP of the countryBengaluru: In its recommendations to the central government for the Union Budget 2024–2025, the industry apex body Retailers Association of...
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71% of consumers want generative AI integrated into their shopping experiences: Report

Over half (58%) of consumers have replaced traditional search engines with Gen AI tools for product/service recommendations, up from...
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