Funds will be utilized to build the brand and community across D2C channels and to acquire more customers online and also moving towards establishing a strong retail network across pockets of the country
Mobile devices have already established themselves as a crucial platform for digital information and communications, and the same is beginning to apply to retail and commerce
Customers are hesitant to step out of their homes and go to markets where there isn't enough social distancing being followed, therefore their preference has shifted to online shopping now
These watches appeal to outdoor enthusiasts, and outdoor novices as they primarily spend most of their time venturing out on adventure trips. Adventure watches also attract a certain demographic, such as those between the ages of 18-40, who wish to be sold experiences, rather than just a product.
It is mandatory for those permitted to open to only operate with 50 per cent staff, while ensuring compulsory wearing of masks and strictly adhering to social distancing. The relaxations in restrictions are not applicable in hotspots or containment zones.
The retail industry has been rewired into a novel and rationalized account of its previous self in the recent past. Digitization, opening of diverse methods and improvements in technology has seen the progression of this space from unplanned trade to planned retail
Boonbox, India's first assisted e-commerce platform for rural areas takes orders from customers in 16 states and has the ability to deliver products in 300,000 villages, which is 47 per cent of villages in India
A second generation businessman, Manik Mittal looked beyond his family business to get into retail. Having started off with a readymade garment store, he was quick to scale his father's business of The Raymond Shop.
Hitesh Vaswani, MD, Saffron Lifestyle Traders, is among the largest franchisees of brands like Levi's, Nike and United Colors of Benetton in India. He recounts his journey and strategies which paid results.
The e-commerce start-up that connects small Indian retailers to both suppliers and customers expects the total value of transactions on its platform to multiply to $20 billion annually in the next five-six years
As per revised FDI norms, government has allowed single brand foreign retailers to open online store first, also there are massive relaxation in the sourcing norms. And more..
A mobile device management solution enables retailers to maintain the details of every device, schedule out-of-the-box inventory reports and have them delivered to your inbox
As multinational FMCGs seek to carve out a share of Asian markets (notably India, Indonesia and China), many are finding that smaller, local brands are tough adversaries