Images Retail - July 2021
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July 2021 issue Digital Access. - Magazine Details
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In this issue
Description Much has been told, a lot of lessons learnt, now we have already absorbed the nuances of the new normal and are all set to embark the changes. Moving forward, omnichannel retail seems to be the most obvious way of staying relevant and on-track within the retail sphere. Technology adaptation is the most obvious way forward and brands and retailers are adapting to the change faster than before. More than technology, the plan or strategy to adapt to the omnichannel ways of doing business is important and it starts from identifying the right touch points to plugging in the perfect t technology in order to make the brand easily accessible for the customers. Signi cantly, omnichannel has a varied meaning for each brand/retailer and the approach to omnichannel also alters across domains. What makes omnichannel a homogenous concept is the end result, which everyone wants to achieve via their omnichannel journey. Easy discovery of products at multiple touchpoints, doorstep deliveries via a seamless last-mile ful lment, a uniform connectivity between varied touchpoints, and smooth inventory management are some of the primary asks that brands/retailers wishes to achieve with their omnichannel transformation.
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RETAIL TECH ICONS: BRINGING IN INNOVATION AND SCALABILITY
Asurvey of 1,420 IT executives across Europe, Asia and the Middle East found that there has been a 59% rise in investment in technology by retailers during 2022.
Building A Connect: How Brands Are Making The Most Of The Year-End
As the year comes to a close, brands are looking forward to making the most of the quarter and have dived into the omnichannel world. Post the pandemic and having witnessed an unprecedented growth, the retail sector is strengthening business by leveraging automation and adding a personal touch to the shopping experience.
The Shift in Textile Retail Segment: Here's What Consumers are Looking for
With the onset of the festive season, retailers across industries and domains are starting to register sales, which is bringing them out of the clutches of the lowmarket trends they have been experiencing since the pandemic. However, every industry needs to understand their customer more specifically now and textile for that matter essentially needs to know what the consumers are looking for.
Redefining the Retail Shopping Experience with NDHGO's Scan & Go Solution
Scan & Go solutions have emerged as greatly advantageous and useful for brick-and-mortar retail stores. The cutting-edge‘ Scan & Go self-checkout system makes retail shopping convenient, quick, and secure.
Urban Square, Udaipur welcomes key tenants for fitouts with ceremonial keys
One of India's most exciting retail real estate projects located in one of the country's most historic cities — Urban Square, Udaipur announced the start of fitouts at the IMAGES Retail Awards (IRA) 2021 ceremony and welcomed some of its key tenants with a ceremonial handover of keys to their stores.
Customer Loyalty in Retail: Technology Trends
Customer loyalty has now become a very hard thing to get for any retailer as customers these days have an abundance of options to choose from when shopping in the highly competitive retail market. Global Data Thematic Research highlights the key technology trends impacting the customer loyalty theme.
Destination Korea – In just a click!
Korikart brings in a flavour of Korea right to our doorstep. This marketplace brings multiple Korean favourites, all at one place. Brands like The Saem, Plan 36.5, Jin Ramen, Mustaev, The Face Shop, Innisfree, Etude House and many more are just a click away on Korikart. Korikart has certainly gained many followers since inception, but how does the brand continue to carry on the excitement with new additions and its impeccable services. Here’s unraveling their story!
Eyeing Growth
In this exclusive interaction with IMAGES Retail, Lalit Agarwal, Chairman & Managing Director of V-Mart Retail Ltd talks about the recovery from pandemic losses and the future of omnichannel retail. Excerpts:
ADIDAS ENDS ITS 15 YEAR SAGA WITH REEBOK, SELLS OFF THE BRAND TO ABG
German sports giant, Adidas has made it official that it has entered into a definitive agreement to sell Reebok to Authentic Brands Group (ABG) for a total consideration of up to € 2.1 billion, with the majority to be paid in cash at closing of the transaction and the remainder comprised of deferred and contingent consideration.
KEARNEY PREDICTS INDIAN E-COMMERCE DOMAIN TO HIT $40 BILLION MARK BY 2030
The e-commerce sector is emerging in a big way in India and keeping in mind the boom and the growth of this sector, the global consulting rm Kearney came up with a report titled “Value e-commerce: The Next Big Leap’s Indian Market” highlighting the growth story of the e-commerce industry in India. As per the report and its findings, India will soon represent an e-commerce market valuing US $40 Billion. This growth comes with the growing consciousness towards value.
