RAI
Retail
Budget 2024: RAI advocates tax reduction to drive consumption
The industry body asserts that implementing these measures will enhance overall consumer sentiment, positively impacting the retail sectorBengaluru: Industry apex body Retailers Association of India (RAI) has suggested prioritising demand stimulation and encouraging consumption through incentives or concessions, particularly in the...
In Focus
2023 Roundup: The good versus bad for retail
A look at how the year 2023 has been for retail in IndiaThe year 2023 was a mixed bag for retail in India marked by aggressive expansions on one hand and sluggish sales on the other. While there were...
Latest News
About 22 Million Employees Across 31 Countries Celebrated Retail Employees’ Day
India's retail sector, employing over 46 million people, observes Retail Employees' Day (RED) annually on December 12thNew Delhi: Close to 22 million employees across 31 countries including Turkey, UAE, India, Philippines and Bangladesh celebrated the Retail Employees’ Day this...
In Focus
Retail Employees’ Day: From An Idea To A Movement
How Retail Employees’ Day, celebrated on 12 December every year and which seeks to recognise the efforts of retail associates, has grown over the years to become a global phenomenon
New Delhi: Retail Employees’ Day (RED) is a day that...
Shopping Centres
Entertainment & F&B vital for malls: Irfan Razack of Prestige Group
In addition, developers should prioritize zoning, merchandising, and marketing to drive footfall and overall success said Irfan Razack, chairman of the Prestige Group at Shopping Centres Next 2023 in Bengaluru
Bengaluru:Â When designing shopping malls for the future, the emphasis should...
Latest News
Retail sales see a growth of 9% vis-a-vis August 2022
In categories, QSR and jewellery reported a growth of 14% each, followed by food and grocery (13%) and beauty (10%) as compared to sales levels in August 2022
Mumbai: Retail sales in August 2023 showed a growth of 9% as...
Latest News
RAI signs MoU with FaMeTN to support small traders in Tamil Nadu
Retailers Association of India (RAI) will help FaMeTN understand the needs of micro, small, and medium enterprises in retail and also support in development of the state’s retail policy
Bengaluru:Â Retailers Association of India (RAI) has signed a Memorandum of Understanding...
Latest News
Lok Sabha passes bill decriminalising Legal Metrology Act
This represents a significant milestone in the functioning of retail businesses in India, as the bill removes criminal penalties for certain Acts, such as the Legal Metrology Act and Food Safety Act, and streamlines minor offences
Mumbai: The Lok Sabha...
Retail
Retailers witness 7% sales growth in 2023 as compared to last year: RAI
In categories, Food and Grocery and Footwear reported a growth of 15% each followed by jewellery (14%) and Sports Goods (13%) as compared to sales levels in June 2022
Mumbai: Sales in June 2023 showed a moderate growth of 7%...
Retail
Retailers witness 6% sales growth in April 2023
Retail businesses across regions have indicated growth in sales with East and South India signalling growth of 7% each, while West India and North India indicate a growth of 6% and 3% respectively, as per an RAI survey
Bengaluru:Â Retail businesses...
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Latest News
Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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