Retailers Association of India
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...
PRC 2023
Retail icon BS Nagesh urges the retail industry to evolve with the changing landscape
BS Nagesh was among some of the key speakers discussing navigating the New Norm of D2C brands in India and adapting to omnichannel retailing at PRC 2023
Mumbai:Â At the Phygital Retail Convention 2023, the Megaverse #Groupthink session on "100 Shades...
Big Grid
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...
Big Grid
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...
Big Grid
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...
Big Grid
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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Need coordinated efforts over ad hoc localised retail restrictions as second wave of COVID begins: RAI
The Indian retail industry had faced many hurdles last year due to the pandemic-led lockdowns and localized restrictions. As the number of COVID-19 cases surge and the pandemic takes a new turn with the second wave in the country,...
Retail
Foreign marketplaces control sellers on their platform, use anti-competitive practices: CAIT
Domestic traders' body CAIT on Wednesday said the foreign direct investment policy in the e-commerce sector should be enforced in letter and spirit so that global players do not violate the rules. The issue was raised by Confederation of All India Traders (CAIT) Secretary General...
Big Grid
After FICCI, RAI writes to Health Ministry to prioritise vaccination for retail employees
After Industry chamber FICCI wrote to the Union Health Ministry seeking inclusion of retail industry staffers in the list of ‘frontline workers’ for the COVID-19 vaccination drive, it was the turn of Retailers Association of India (RAI) to appeal...
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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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