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Retail business sales witness 6% growth in March 2023 compared to last year: RAI Retail Business Survey

Retail businesses across regions have indicated growth in sales with East India signalling growth of 8%, while South India and West India indicate a growth of 7% and 5% respectively followed by North India at 4% Bengaluru: Pan-India retail business sales...

RAI welcomes Telangana Govt’s decision to allow shops to stay open 24×7

RAI has been working with various state governments for enabling Ease of Doing Business and allow retailers to operate 24x7, in line with the State Governments of Maharashtra, Karnataka and Tamil NaduMumbai: Retailers Association of India (RAI) has welcomed...

India Retail Real Estate: Revived, Reshaped, and Reinforced by Anarock-RAI

The report elucidates the success of the Indian retail sector and the growth of mall space Real estate consultants Anarock and Retailers Association of India (RAI) published a joint report titled 'India Retail Real Estate: REvived, REshaped, & REinforced'. The report...

Retail market projected to touch $2 trillion by 2032: Report

Real estate developers plan to add nearly 25 million square feet of new mall space across seven major cities over the next 4-5 yearsNew Delhi: The size of the country's retail market is expected to touch USD 2 trillion by...

Advanced analytics and AI will help Indian retailers unlock a ₹400 billion EBITDA opportunity: BCG-RAI Report

The report also provides a roadmap for Indian retailers on how to get started with the adoption of advanced analytics and AIBengaluru: Retailers globally leverage advanced analytics and AI across the value chain, which will help to unlock a...

Builders to add nearly 25 million sq ft of new mall space in next 4-5 years: Anarock-RAI Report

NCR and Hyderabad account for 46% of the total new upcoming supply, closely followed by Bengaluru at 19% Bengaluru: Developers plan to add nearly 25 million sq ft of new mall space in the top 7 cities over the next...

The Demand for Experiential Retail to Grow in 2023

In 2023, retail in India is expected to grow better than all other key markets globally with Omnichannel becoming the norm for the retailers. Concepts like these will enable millions of small retailers to participate in digital commerceBy Sandeep...

RAI survey indicates 16% growth in December 2022 vis-a-vis pre-pandemic levels

The growth was led by footwear, Jewellery and sports goods categories Mumbai: Retail industry sales in December 2022 showed a growth of 16% as compared to the sales levels during the same period in December 2019 i.e. pre-pandemic, found the...

RAI retail business survey indicates spike in jewellery and footwear sales; could be attributed to wedding season

The eastern and western parts of India witnessed a growth of 17% in November 2022, while north and south India saw a 13% growth, the Retail Business Survey by the Retailers Association of India revealed Mumbai: The 34th edition of...

Centralised framework needed for retail operations amid rising COVID cases: RAI

Retailers Association of India (RAI) on Friday called for a centralised framework that allows for "non-discriminatory operations" of all formats of retail amid various states imposing restrictions and weekend lockdowns in the midst of rising COVID-19 cases. Stating that shutting...
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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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