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.

Metro Brands to Expand into Tier II & III Cities in 2023 - Nissan Joseph, CEO, Metro Brands Ltd.

The brand is looking forward to building the athleisure segment, especially with the recent acquisition of FILA and Proline.

Sustainability is the key for Brands in Future - Mandar Gaonkar, Assistant General Manager (E commerce), Texperts

Texperts expansion plan is to increase the depth in limited categories, options, and choices. The focus remains on Tier I IT cities by increasing the choice in options offered to customers and increasing the channel of sales.

Mad Over Donuts to Roll Out Outlets in Baroda, Ahmedabad, Hyderabad, Kolkata and Tier II/III Markets in 2023 - Tarak Bhattacharya, ED, Mad Over Donuts (MOD)

Starting out as an organised retail chain in 2008 to serve gourmetstyle, freshly made donuts in India, MOD has grown from a single outlet in Noida to over 100 stores panIndia. It has cloud kitchens and offline presence across Mumbai, Pune, Delhi, Bengaluru and Chennai, along with a thriving online presence.

Kapsons to Target the Tier II & III markets in North for Expansion in 2023 - Darpan Kapoor, Vice Chairman, Kapsons

The brand aims to see more expansions in Tier II cities in the North, while increasing the square ft. area by 40% and retaining the growth rate of 25%. The idea is to disrupt the markets where the brand holds trust all the while garnering more exposure, especially amongst the youth.

Neeru's to Focus on Omnichannel Retail and Mobile Commerce for a Seamless Shopping Experience - Avnish Kumar, MD, Neeru's

The presence on social media helped Neeru's acquire a voice and mobile commerce, which helped them to know the customers and in generating good sales around all the marketplaces and in-store.

'We Have Always Been Hungry for Expansion and Desire to get Closer to our Consumers' - Alok Tandon

Inox so far has added 7 cinemas and 37 screens in this financial year including a 3-screen multiplex in Srinagar. The upcoming cinema launches lined up in cities are Hyderabad, Vijayawada, Delhi, Patna, Indore and Dharwad.

H&M Slashes 1,500 Jobs in Cost-cutting Effort

H&M will reduce its workforce by 1,500 positions as part of its previously announced cost-cutting program.

Nivea Parent Company Beiersdorf Gets Triple A' Sustainability Rating by CDP

International nonpro t organisation CDP has recognised the sustainability e orts by Beiersdorf AG, the company that makes Nivea among other skin care products.

FreshToHome Enables 3.6 Crore Deliveries in 2022

Online fish and meat delivery platform FreshToHome has made 3.6 crore deliveries this year across all product categories, the company said in a statement. It received over 68 orders per minute on its the app.

Domino's Pizza Opens its First Drive-through Restaurant in East India

Domino’s Pizza, a multinational pizza company has launched a new outlet at Symphony Mall, Bhubaneswar which happens to be the brand’s first drive-through restaurant in the Eastern side of the country, stated Suddhasheel Choudhury, Deputy General Manager/ Regional Business Development head, East India at Jubilant FoodWorks Ltd.

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.

Freshness Sealed

Superplum, a start-up backed by some of Silicon Valley’s most notable investors, is addressing Indian agriculture’s issues by building the country’s most sophisticated supply chain for fruits and fresh produce in the country. The company is bridging the gap between the farms and consumers by digitizing the fresh fruit industry.

Shopping Malls: Building A Social Connect

COVID has accelerated technology transformations in retail, but that’s not all. The pandemic has changed the facets of retail across segments, markets, channels and shopping malls too. Today malls are no more just a place to shop, but they have turned into ‘social spaces’.