Paytm, India’s leading payments and financial services company and the pioneer of mobile and QR payments, on Wednesday announced its business operating performance for Q1FY24. The company has achieved a new milestone in merchant payments with 79 Lakh devices deployed while the Gross Merchandise Value (GMV) for the quarter (for three months ended June 2023) […]
ENGAGE’23, presented by QueueBuster, a retail and technology summit, hosted on 24 June 2023 at JW Marriott in Aerocity, New Delhi, event showcased the collective power of more than 100 brands. The conclave witnessed a gathering of over 1,000 attendees, including entrepreneurs, investors, and professionals from various sectors. Indian actor Jimmy Shergill graced the occasion […]
Recode Studios, the leading destination for cosmetics, lifestyle brands, and authentic beauty products, announced the opening of five new stores by 20 July. With two stores in East Delhi, and new locations in Nagpur, Bilaspur Chhattisgarh, and Gurugram. Speaking about the expansion, Bansal shared, “Our mission has always been to provide a diverse range of […]
SPAR Hypermarket, has joined Open Network for Digital Commerce (ONDC). SPAR Hypermarket’s D2C catalog is now discoverable by shoppers on the ONDC network. With this integration, SPAR Hypermarket’s catalog can be seen on all apps that a consumer is shopping from across a network that is rapidly developing. This will enable SPAR Hypermarket to expand […]
As increasingly Indian shoppers turn to online channels for shopping, the e-commerce showcase is anticipated to develop 2.5 times speedier than the offline retail advertise, concurring to a report by Deloitte. The report titled “Future of Retail” included that the estimate of by and large online advertising will bounce to USD 325 billion in 2030 from USD 70 billion in 2022. It’ll be greater than the sorted-out retail advertises, coming to USD 230 billion in 2030 from USD 110 […]
Chief Minister Yogi Adityanath flagged off containers filled with GI-tagged (Geographical Indication tag) Banarasi Langda mangoes, green chillies and other vegetables from the Integrated Pack House for export on Monday. Adityanath said the farmers of Uttar Pradesh contribute 20 per cent of foodgrains produced in the entire country. “India is rich in fertile land as […]
What we do and how we handle payments has evolved tremendously in modern-day fast-paced digital world. For the sake of keeping up with these modern times, conventional methods of payment have undergone evolution. The heydays of scrambling for cash as well as swiping cards have been outdated. The means of payment have evolved profoundly within […]
The Indian retail market, worth USD 950 billion, is highly unorganised and dominated by general trade. While general trade drives 83 per cent of the overall market, its share is greater than 90 per cent in the groceries space, according to a report released by Redseer Strategy Consultants. The fragmented market puts retailers at a […]
Retail and consumer packaged goods (CPG) executives are overwhelmed by the pace of change, according to a new study released by Genpact and HFS Research. According to the study, the consumer goods and retail playbook for balancing the macroeconomic slowdown and race toward innovation, reveals that more than 60 per cent of retail and CPG […]
Cantabil Retail India, an apparel manufacturer and retailer, has recently opened its fifth retail store with a new look, in Dehradun. The store also features a variety of accessories, including new luggage, perfumes, and flip-flops. Featuring a white and grey aesthetic theme, the interior of the store has been redesigned with new fixtures and lighting. […]
