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Latest Articles in retail

Adani, Reliance Back Out From Buying Future Group Assets

The companies, as per reports, felt that the assets are priced more than their actual value

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Amazon Announces Plans To Tackle Counterfeits Across Retail Industry

The global conglomerate said that it has already detected hundreds of matching accounts where the same counterfeiter tried to create selling accounts on Amazon and at least one other store operator through ACX

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Tech Layoffs: A Boon For Other Working Sectors

Industry giants like Google, Amazon, Meta and Microsoft have collectively laid off more than 1,50,000 workers with the backdrop of recession risks globally Rising inflation, geopolitical tensions, overzealous hiring amidst the pandemic are some of the reasons making the ‘IT layoffs’ the new normal

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Govt Working To Develop National Retail Trade Policy To Promote Ease Of Doing Biz: Sanjiv Singh

The government is making efforts to develop a national retail trade strategy for brick and mortar retail dealers in order to enhance ease of doing business

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Is Indian Retail Market Ready For Another Covid Wave?

According to the Retailer Association of India (RAI), sales in India fell by 79 per cent during the pandemic compared to pre-pandemic levels. With a new variant of Covid already making its entry, it becomes critical for the retail industry to be ready for the impact of the pandemic

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Beauty, Personal Care Sector Grows 143% In E-commerce Sales: Report

In comparison to other segments, beauty and personal care continues to have the fastest development

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RBI To Launch Its First Pilot For Retail CBDC From Dec 1

Transactions can be both Person to Person (P2P) and Person to Merchant (P2M) through retail digital rupee

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4.82% Surge In Indian Exports During September

The Indian exports surged by 4.82 per cent to 35.45 billion dollars in September, even when the trade deficit increased to reach 25.71 billion dollars, as per recent data released by the commerce ministry.

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B2B Ecommerce Market Of India To Reach $100 Bn By 2030: Report

Led by firms like Jiomart and Udaan, the B2B e-commerce market of India is all set to reach $90-100 billion in gross merchandise value (GMV) by 2030, as per a report by Redseer Strategy Consultants.

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Amazon India's Report Card Mixed, Profitability Elusive: Report

Bernstein’s report says Amazon India’s growth has come at a high cost of over USD 6.5 billion invested to-date while profitability remains elusive

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Easing Raw Material Costs Promising For Indian Consumer Companies

Prices of palm oil, a key ingredient for many food products, detergents and cosmetics, are down 32 per cent from a record peak hit in March

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Retail Inflation For Industrial Workers Eases To 6.16 % In June

Retail inflation for industrial workers eased to 6.16 per cent in June from 6.97 per cent in May this year due to lower prices of certain food items and petrol

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Revised GST Rates: Boon Or Bane?

The rate cuts introduced by GST within the first year of its inception resulted in the loss of approximately Rs. 70,000 crores in a year

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Video Analytics Key To Building Safer, Smarter Cities: Atul Rai

The smart surveillance will stay alert 24x7, identify any out-of-the-ordinary incident, and alert authorities immediately, quickening the process of authorities arriving on the scene to take the necessary action, says Atul Rai, Co-Founder & CEO of Staqu

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