Siddharth Jain, Partner, Kearney further elaborating on the report mentioned, “As retail in India bounces back from COVID, the growing number of value-conscious online shoppers is reshaping India’s e-commerce landscape. This value segment is pegged to grow rapidly and emerge as a USD 215 Bn+ Market by 2030”. He also added,“While only 4 per cent of this demand is today served by online channels, this will rise to 19 per cent by 2030 creating a $40Bn market for value e-commerce in India.”
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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!
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.
A Reporter at Large: Second Nature
How rewilders in India are working to reverse environmental destruction.
PATHS HIDDEN IN PLAIN VIEW
If you've ever seen a makeshift dirt path connecting two sidewalks, that's a \"desire path,\" also known as a desire line or game trail.
After Affirmative Action
The Supreme Court is expected to rule racial preferences in college admissions are unconstitutional. How will that change american schools and society?
FIRST TRIP TO INDIA NEW DELHI
The Holi Festival
The Holi Festival of Colors in India is a celebration of the victory of good over evil, the destruction of the demoness Holika.
The New Asian America
It wasn't always this way. We were not so often the headline. Our elders' safety was not a cause célèbre. We weren't even sure that we were a "we"-can so many people with so little in common say that? Still, there were a few shared things. Cooking ingredients, tropes we were sick of. And when the attacks first started in early 2020, we found we shared another: a terrible feeling of dread.
Gajan Festival India
This photo project is based on the theme "People & Culture" of India.
India Chops Away At Internet Freedom
Modi’s campaign against fake news and security threats is cutting off political opposition online
Lego Star Wars: The Skywalker Saga
A chip off the old block
A HIGHER CALIBER
With Over 20 Years as a USMC Sniper and Police Officer in Los Angeles, Victor Lopez is in His Element Educating Others to Be More Effective in Austere Environments