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Saturday, March 06, 2021

retail sector

RETAIL SECTOR NEWS

From the brink to recovery, India's retail sector pins hope on 2021

December 29, 2020 4:23 pm

In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach USD 1.3 trillion by 2025.

Hiring activity remains flat in October amid festive cheer: Report

November 09, 2020 2:55 pm

Around 26 per cent recruiters feel that the hiring activity will return to pre-COVID levels in the next three to six months as per their recent survey.

Banks have done nothing to help retailers, says retail industry body RAI

April 27, 2020 2:41 pm

The retail industry body claimed that despite the Reserve Bank of India (RBI) circulars to banks to lend support to businesses, on the ground retailers are finding it difficult to access funds from banks for various reasons.

Bata to use multi-channel retail strategy to reach more customers

November 26, 2019 7:09 pm

The company, which has a retail network in 450 towns, is further expanding by adding new stores in smaller towns through franchise route.

TransUnion CIBIL report: ‘Three states account for 40 per cent of retail loans; Maharashtra leads’

September 25, 2018 5:09 am

Overall, the study found that retail lending balances rose nearly 27 per cent between Q2 2017 and Q2 2018.

Amazon's grocery store of the future, 'Go', set for public opening today

January 22, 2018 2:39 pm

In a move anticipated to transform brick-and-mortar retail, Amazon has made its automated store, called Amazon Go, public.

Changed skills will be required by 20-25 per cent retail jobs by 2022: Report

December 27, 2017 5:33 pm

95 per cent of industry experts believe that creation of highly optimised supply chains would drive growth in retail in the next five years.

Single-brand retail: Skechers, Nike, Adidas among eight proposals

September 05, 2015 3:04 am

US-based Skechers, a $2-billion company, has sought approval for undertaking single-brand retail trading of its products in the country.

Unlocking the retail opportunity

May 08, 2015 1:50 am

Recent mergers are likely to turn the sector into an attractive option for investors; Consumers to gain too.

Industry to witness more M&As in next 6 months

May 05, 2015 2:16 am

According to a 2014 Crisil report, the e-retail market size that stood at Rs 1,500 crore in 2008-09 hit Rs 13,900 crore in 2012-13.