Images Retail - September 2020
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September 2020 issue Digital Access. - Magazine Details
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In this issue
The last five months have been very tough for the Indian Retail Industry both on the business and the manpower front, due to the COVID-19 pandemic. While the organised sector can give a count of the number of employees who have lost their jobs or who have been furloughed, and the number of brands which have shut shop, there is no such census for the unorganised side of the sector on which the impact has been drastic, with lakhs of workers left without a job and an equal number of more small stores shutting down. To counter the devastating impact of the pandemic, several brands in the organised sector are re-strategising their business plans. Whilelay-offs are inevitable and hiring has been frozen in the present crisis, many brands are trying to keep all staff on board with pay cuts, furloughs and leave without pay. In these testing times, it has been a mammoth task for the HR departments of brands and retailers to keep their employees motivated so as to bring business back on track. Despite the dismal turn of events, HR departments of various brands are launching a slew ofinitiatives to engage their employees gainfully, while keeping their health and safety in mind.
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Digital Only
Will Retail Bounce Back As The Most Preferred Mode Of Shopping?
Consumers are now beginning to feel the brunt of online fatigue’ The endless scroll and blue-screen exposure from running business meetings to shopping online are taking a real toll
Brand Concepts to Expand in Tier II & III Cities in 2023 - Abhinav Kumar, CEO, Brand Concepts Ltd.
With fashion and design being the core, Brand Concepts Ltd. will continue focusing on adding more licensees in the travel gear, handbags and small leather goods in 2023.
Lacoste to Make Online Channels More Robust Going Forward - Rajesh Jain, MD and CEO, Lacoste India
Lacoste to continue strengthening the omnichannel network. The brand aims to keep upgrading the boutiques to provide more premium experience to customers visiting the stores.
Being 'Digital First' is the Way to Survive in the New Retail World - Sanjeev Rao, CEO, Being Human Clothing
To enhance the in-store experience, Being Human has introduced mobile POS that helps with faster checkout and makes the process seamless.
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 commerce.
Government Decriminalizes Key Acts Applicable to Retail Businesses
Decriminalization of the Legal Metrology Act and Food Safety Act, which are applicable to retail businesses on a day-to-day basis will greatly reduce the impediments of operating a retail business in India.
How Digital Payments are Driving India's E-Commerce
The rampant increase in smartphone users and easy accessibility to the Internet are some major boosters for this expansion. Keeping in line with the Digital India movement, more and more companies are building a presence online to reach the masses.
Adaptability that Retail Platforms Seek
The report examines the work conditions of platform workers on digital labour platforms in India. It evaluates 12 platforms offering location-based services in sectors such as domestic and personal care, logistics, food delivery, e-pharmacy, and transportation in India.
Here's What India Ordered on Q-Comm in 2022
While Borzo reveals that food and clothes were the top category ordered, Dunzo Daily’s latest data suggests that onions, tomatoes, and potatoes were the most ordered veggies in all cities.
Retail's Relay Across Tier II Cities!
Retailers and mall developers are looking to leverage the buying power of the populace residing in these cities. In addition, growing Internet usage has whetted the appetite for quality products in these areas, thus giving a fillip to malls and e-commerce.
