With the Union Budget 2024 just around the corner, key players in the beverage industry voice their expectations for reforms that could drive growth and sustainability With the Union Budget 2024 just around the corner, key players in the beverage industry are voicing their expectations for reforms that could drive growth and sustainability. The focus […]
Pallavi Saxena, Senior Director, Flipkart Fashion writes for BW Retail World as she delves into the world of affordable fashion while prioritising consumer experience In a world where instant gratification has become the norm for many consumer goods, the realm of fashion has traditionally been perceived differently. While convenience is readily embraced in various aspects […]
Footwear and apparel sectors show strong performance; South India leads regional growth India’s retail sector noted a significant 5 per cent growth in sales in June 2024 compared to the same period last year, according to the 52nd Retail Business Survey by the Retailers Association of India (RAI). The footwear, apparel and clothing sectors each […]
Retail prices of pulses lag behind wholesale market drop; government warns against profiteering On Tuesday, the government called for retailers to adjust their profit margins on tur, urad and chana dals following a 4 per cent decline in wholesale prices over the past month as reported by PTI. Despite the fall in wholesale markets, retail […]
Deepak Aggarwal, Founder and CEO of Kazo writes for BW Retail World as he delves into the intricacies of rural India’s retail landscape In India, the retail landscape is a dynamic ecosystem characterised by rapid growth and diverse consumer preferences. With a burgeoning middle class and increasing disposable incomes, the retail sector has witnessed significant […]
The new rules will not be applicable to the packaged commodities meant for industrial or institutional consumers The government will make it mandatory for manufacturers of all products sold in retail to mention key details about their contents on the packaging, irrespective of how much they weigh. Currently, packaged products above 25 kg sold in […]
Monsoon progress and seasonal variations are expected to stabilise inflation rates Retail inflation in India is projected to remain below or close to 5 per cent for most of the remaining months of 2024-25, except for September, according to a report from The Economic Times. The report, authored by Soumya Kanti Ghosh, Group Chief Economic […]
In the report ‘How Urban India Pays’, Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours India is set to witness a doubling of retail digital payments to 7 trillion USD by 2030, driven by rapid digital adoption, according to the ‘Voice of […]
Trust issues persist in the Indian retail industry despite increased consumer spending PwC’s inaugural ‘Voice of the Consumer Survey 2024’ draws on over 15 years of consumer research, capturing insights from over 20,000 consumers across 31 countries, including 1,000 consumers in India. The survey reveals that 75 per cent of Indian consumers anticipate increased spending […]
Cushman & Wakefield reports robust growth in both shopping malls and high street locations during Q2 2024 Leasing of retail spaces in shopping malls rose 15 per cent annually during the April-June period to 6.12 lakh square feet across eight major cities, driven by increased demand from retailers, according to a report by PTI, citing […]
