Carrefour Group and Publicis Groupe has partnered for a joint-venture named Unlimitail to address the rapidly growing retail media market in continental Europe, Brazil and Argentina. The joint initiative was unveiled on Thursday at the VivaTech conference in Paris. Unlimitail has onboarded 13 prominent retail partners, boasting a combined customer base of over 120 million […]
China’s industrial outcome grew 3.5 per cent in May, compared to the previous year, official data showed on Thursday, reported news agency Reuters. According to the report, May’s growth was labeled the slowest growth since February. Analysts surveyed by Reuters had predicted output growth to cool to 3.6 per cent from 5.6 per cent in […]
Winni Cakes & More, a bakery retail company has reported a 74 per cent year-on-year (YoY) growth in gross merchandise value (GMV) for the fiscal year 2022-23. The company achieved this growth by opening 125 new stores in tier-2 and tier-3 cities within a year, increasing its GMV from Rs 192 crore in FY 2021-22 […]
Two Brothers Organic Farms, a provider of natural farm-made products, has announced the expansion of its product portfolio with the introduction of two new ghee variants: Arjun Ghee and Turmeric Ghee. This strategic move aims to capitalise on the growing demand for ancient Indian remedies and functional foods, driving growth and expansion in both the […]
The retail business in India has expanded dramatically in recent years. Technological advancements are causing substantial changes in the Indian retail sector. The influence on retail jobs is apparent as automation, AI, and e-commerce gain pace. Whereas tech increases productivity and convenience, it also undermines conventional job positions, raising issues related to joblessness and the potential […]
Vijay Sales, a consumer electronics retailer’s a major growth driver is the kitchen segment, following the wearables segments which include smartwatches, fitness trackers and other wearable devices. The Indian wearables market reported 80.9 per cent year-on-year (YoY) growth in first quarter of the year 2023. While talking about the growing wearable market in India, Nilesh […]
RattanIndia Enterprises (REL) has on Tuesday announced the launch of a new cargo drone ‘L-40’ by its subsidiary company Throttle Aerospace Systems (TAS). The company has earlier launched the L-20 and L-15 and now doubled it carrying capacity from 20 to a staggering 40kg, within the last quarter. The L-Series platform was launched in February […]
The transformative shift brought about by technology has positioned the retail sector in India along a new trajectory. More and more retailers are embracing innovative solutions and technology-driven approaches to stay competitive and resilient. One such trend that is witnessing increased adoption in the retail sector is hyperautomation. Combining various technologies including low-code, artificial intelligence […]
Digital payments in India have been crossing record transactions in the last few months. According to recent data from RBI, NPCI, and banks, digital transactions have jumped from 20.7 billion in FY 2017-18 to 88.4 billion in FY 2021-22. March 2023 saw UPI transactions clocking the highest-ever number of transactions at 8.7 billion, making it […]
Consumer psychology attests that 95 per cent of human beings are prone to make purchasing decisions subconsciously. In fact, this astounding number of consumers are driven to choose one product over its rival based on emotional investment in the brand. And what better way to encourage this loyalty than to communicate with them, right? From […]
