The retail assets under management (AUM) of non-banking financial companies (NBFCs) are likely to witness a healthy growth of 12-14 per cent in the fiscal year 2024, the rating agency Icra said in a report. This follows a strong rebound in FY2023 and surpasses the earlier estimates for AUM growth, according to Icra. As of […]
The 38th edition of the Retail Business Survey by the Retailers Association of India (RAI) indicates that sales in March 2023 showed growth of 6 per cent as compared to the sales levels during the same period in March 2022. Speaking about the findings, Kumar Rajagopalan, CEO, Retailers Association of India (RAI), said, “The Survey […]
Cantabil Retail India, one of India’s leading apparel manufacturer and retailer, has announced the opening of its 11th retail store in Pune, Maharashtra. The all-new Cantabil Retail store represents the future of retail experience for its customers, as they offer a full range of formal-wear, casuals, and ultra-casual clothing for men & women at competitive […]
Retail leasing in India has been on the rise as a result of the rising demand for retail space. Retail leasing increased 21 per cent over the previous year to 4.7 million square feet in 2022, according to the most recent research from real estate consultant CBRE. According to the survey, the F&B industry, hypermarkets, […]
In line with the ongoing initiatives to support MSMEs and Small Retailers in the country, India Center for Policy Research and Governance (ICPRG) in association with METRO Cash & Carry India in collaboration organised the sixth edition of the Retail Samvad, titled – Future of Small Retail: Building enabling ecosystem for small retailers & MSMEs […]
The Indian retail business is one of the fastest expanding in the world and is expected to reach USD 2 trillion by 2032, according to Reliance Retail Director Subramaniam V. According to him, the Indian retail industry is expected to be worth USD 844 billion in 2022, with the unorganised retail sector accounting for almost […]
In the presence of over 400 retailers and seller groups, Narayan Rane, Minister of MSME, announced the opening of FIRST, the Forum for Internet Retailers, Sellers, and Traders, today. The goal of FIRST is to raise awareness and provide assistance to MSMEs across India in order for them to become digital and become self-sufficient. Approximately […]
The equity market continued with losses on Monday morning as domestic investors anticipate lower retail inflation. In global markets too, investors await inflation data updates, which are expected anytime this week, from both the US and UK. The markets here had opened with slight gains but soon after witnessing volatility and weak cues from global […]
The Centre has directed enterprises to include all necessary notifications, including MRP, on the outer pack of commodities that comprise more than one pack, including gift and multi-piece packs. According to the Consumer Affairs Ministry, it will be needed for all retail commodity packaging having more than one pack, including gift and multi-piece packs. According […]
Much progress has been achieved since the birth of ecommerce more than two decades ago, many merchants and brands continue to confront enormous obstacles. According to VTEX’s study report ‘Three Investments to Drive Ecommerce Growth,’ below are the top three problems that merchants repeatedly identified. The traditional ecommerce philosophy was that merchants could offer to […]
