Retail Sector Reports Modest YoY Growth Of 2% In Aug: Survey
The survey results highlight that the food and grocery segment registered the highest growth of 7 per cent across different retail categories
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Supermarket Chain Vishal Mega Mart Eyes $1 Bn IPO: Report
- by BW Retail World Bureau
- March 13, 2024
Vishal Mega Mart is reportedly planning a USD 1 billion initial public offering (IPO) that would value the company at up to USD 5 billion. The IPO proceeds are intended to fund the addition of new stores, according to sources familiar with the matter as reported by Reuters. Switzerland’s Partners Group and India’s Kedaara Capital, […]
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Wedding Season Expected To Generate Rs 4.74 Lakh Cr Business In India
- by BW Retail World Bureau
- November 22, 2023
As the nation emerges from a record-breaking Diwali festive season, the business community is gearing up for a colossal surge in demand with the commencement of the upcoming wedding season on 23 November. With an estimated 38 lakh weddings expected to take place across the country, the mainline retail sector, encompassing goods and services, anticipates […]
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Mohan Kumar Appointed Business Head – Retail At Impact Communications
- by BW Retail World Bureau
- October 12, 2023
In a significant development for the retail sector, Mohan Kumar has officially taken charge as the new Business Head – Retail at Impact Communications, a player in the communication and marketing industry. Kumar expressed his enthusiasm about the new role, on his LinkedIn post stating, “I’m happy to share that I’m starting a new position […]
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Rain Weakens Diesel Demand In India, Sales Decline In September
- by BW Retail World Bureau
- September 18, 2023
Preliminary data from state-owned firms reveals that diesel sales in India have declined for the second consecutive month in September. The drop in demand is attributed to rains that have dampened industrial activity and reduced the need for diesel in certain regions of the country. While diesel sales by three state-owned fuel retailers saw a […]
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Technology – The Key Enabler For Retail Sector
- by Yukta Raj
- March 27, 2023
While discussing the disruption of technology and data in the retail sector, Kriti Aggarwal from StoreHippo and Raghunandan Saraf from Saraf Furniture share their insights and experiences. From augmented reality and enhanced consumer experiences to increased precision and control over marketing data and inventory management, technology is benefiting the retail business in innumerable ways. According […]