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Latest Articles in Retailers Association of India RAI
Continued Healthy Growth Over Prepandemic Levels For Retail Businesses: RAI
Retailers Association of India on Wednesday said that healthy growth is being recorded by the retail businesses pan India over pre-pandemic levels. An 18 per cent rise in sales in July was recorded as against the same month in 2019.
Read MoreRetail Business Registers 10% Growth In February: RAI
Retail businesses across regions have indicated growth in February 2022, with sales in West India growing 16 per cent against the same month last year, RAI said in a statement
Read MoreRAI Urges Govt To Extend ECLGS For Business Establishments
Any scheme that helps increase the spending power of the poor would be welcome. Similarly, the salaried class of the population also needs to get more money in their hands to help them consume with confidence.
Read MoreDomestic Retail Sales In Nov Up 9% Over Pre-pandemic Levels, Says RAI
In its retail business survey, Retailers Association of India (RAI) said the growth witnessed last month was 16 per cent over the same month last year.
Read MoreJuly 2021 Retail Sales At 72% Of Pre-Pandemic Levels: Report
Retailers pin hope on the upcoming festive season, says the Retailers Association of India
Read MoreRAI Urges Maharashtra Govt To Allow Reopening Of Malls, Multiplexes
Rajagopalan expressed hope that 'better sense prevails at the chief minister's meeting with the task force and malls are allowed to operate'.
Read MoreContinued Closure Of Malls In Maharashtra A Big Blow To Business, Employment: RAI
Permitting malls to operate will pave the way for citizens to shop in a safe and sanitised environment but will also save jobs of lakhs of livelihoods the mall ecosystem supports
Read MoreRAI Urges Maha Govt For Re-Opening Of Malls, Shopping Centres
RAI Chief Executive Officer Kumar Rajagopalan said formal retail spaces such as malls and shopping centres play an important role in the economy due to their contribution to the exchequer in the form of taxes and the people they employ.
Read MoreRetail Sales Decline 79 % In May Over Pre-COVID Levels In 2019: Report
Food and grocery, however, was the best among the categories with a decline of 34 per cent as compared to May 2019, while the quick service restaurants witnessed a dip of 70 per cent.
Read MoreCoronavirus Threatens Retail Jobs, Indian Retailers See Revenue Hit
In India, the virus threatens an economy that was already hit by a slowdown in consumption that has bruised demand for everything from cars to clothes to chocolates.
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