Around 9 In 10 Indian Retailers Prefer Selling Via Physical Stores: Study
Three-fourth of the respondents believe that India provides a conducive environment for business growth
Brands
Companies
consumer
Consumer
Economy
Electronics
Offline Electronic Retailers Showing Resilience Despite Tough Online Competition: Report
- by BW Retail World Bureau
- December 2, 2024
The report states the consumer durables sector in India has achieved a 10 per cent compound annual growth rate (CAGR) between the financial year 2019 (FY19) and FY24
Brands
Companies
Consumer
consumer
Economy
Retail
Inventory Obsolescence Poses Major Profitability Challenge For Retailers: Report
- by BW Retail World Bureau
- December 2, 2024
The report highlights that a single year of poor performance can wipe out profits accumulated over several years, especially for retailers managing rapidly depreciating inventory
Brands
consumer
E-commerce & Marketplaces
Economy
Retail
Quick Commerce Posing Challenges For Retailers: Uday Kotak
- by BW Retail World Bureau
- November 15, 2024
Kotak states that the protection for domestic players in the domestic market is ‘very dangerous’ in the longer run
Brands
Companies
Economy
People
Retail
RAI Urges Retailers To Initiate Voter Awareness Initiatives Ahead Of Maharashtra Assembly Elections
- by BW Retail World Bureau
- November 6, 2024
As part of this initiative, members of the Retailers Association of India (RAI) will be encouraged to extend special offers to customers who exercise their franchise on 20 November 2024
Companies
Finance
Government
News
National Ecommerce Policy Near Completion, Says Commerce Minister
- by BW Retail World Bureau
- December 29, 2023
Union Minister For Commerce and Industry Piyush Goyal announced on Thursday that the National E-commerce Policy is in its final stages of discussion and is poised for imminent announcement. Addressing the media at a press conference, Goyal stated, “It is in the final stages of discussion at the highest level in the government. We hope […]
Companies
Finance
News
Oyo To Prepay Rs 1,620 Cr Debt Through Buyback Process
- by BW Retail World Bureau
- November 15, 2023
Oyo has unveiled plans to prepay a substantial portion of its debt totaling Rs 1,620 crore through a buyback process. The company, on the brink of an IPO, is set to repurchase 30 per cent of its outstanding Term Loan B (TLB), the company revealed to Bloomberg. The debt repayment, slated for June 2026, follows […]
International
News
G7 To Announce Ban On Russian Diamond
- by BW Retail World Bureau
- October 26, 2023
A G7 statement announcing a ban on imports of Russian diamonds is expected by the end of this month, followed closely by a proposal for the European Union’s 12th package of sanctions on Russia, diplomatic sources said. “We now need the final blessing of the G7 before then translating these elements in legal texts at […]
Economy
Finance
Government
National
News
India To Invest Nearly Rs 143 Lakh Cr On Infra Between 2024 And 2030
- by BW Retail World Bureau
- October 18, 2023
India will spend nearly Rs 143 lakh crore on infrastructure in seven fiscals through 2030, more than twice the Rs 67 lakh crore spent in the previous seven starting fiscal 2017, Crisil has said. Of the total, Rs 36.6 lakh crore will be green investments, marking a five times rise compared with fiscals 2017-2023. Amish […]
National
News
Retail
India’s Growth All Set To Get Festive Boost
- by BW Retail World Bureau
- October 12, 2023
The Bank of Baroda in a report has said that India’s growth story is expected to maintain its resilience led by festival demand. This is expected to pump up growth in this quarter. Inflationary concerns ebbed slightly as major price data showed signs of respite with vegetable prices correcting in September 2023, as well as […]