RIL entry to digitise 5 million retail stores by 2023: Study

Conducted by Bank of America Merrill Lynch, the research said, ‘One of the most interesting trends in retail sector in India is that kirana stores are keen to upgrade their merchant point-of-sale (MPoS) technology, which is driving a wave of modernisation…. Continue Reading

20mn sq ft retail mall space to be added in top cities by 2021: Study

The report said India is poised to become the third largest consumer market, with consumer spending growing to $6 trillion (Rs 421 trillion roughly) by 2030 from $1.5 trillion (approximately Rs 105 trillion) at present. Continue Reading

Future of retail stores formidable, grocery market to grow 27% : Study

The report comes at a time when e-commerce giants like Amazon and Walmart have taken a strong footing in the country with foreign direct investment (FDI) growing strong in the retail sector. Continue Reading

Retail securitisation volumes more than double to Rs 1.9 tn: Crisil

Reason for higher activity was the Reserve Bank of India (RBI) relaxing the minimum holding period requirement, which increased the availability of eligible securitisable assets, the report said. Continue Reading

FMCG sales at organised retail stores grew 22% in 2018: Study

Released by insights firm Nielsen India, the report titled “Reformatting Retail in India”, said, demonetisation and GST helped the country’s organised grocery stores register 22 per cent growth in sales, with cheese, biscuits, hair conditioners and packaged rice witnessing more…. Continue Reading

Jan Aushadhi scheme to disrupt 20% of pharma market sales: Report

The Jan Aushadhi scheme, under which the government provides medicines at affordable rates may disrupt around 20 per cent of Indian pharmaceutical market sales, says a report. Continue Reading

Organised retail sector to help e-comm mkt touch $84 bn in 2021: Study

According to a report titled “Unravelling The Indian Consumer” by Deloitte India and Retail Association of India, a fast-growing economy and robust demographics provide a positive outlook to the consumer businesses in India. Continue Reading

Hiring of PwD in retail sector up 53% between 2011-18: Study

Released by Trust for Retailers & Retail Associates of India (TRRAIN), in association with HSBC, the report titled ‘Disability Employment: Indian Retail Changing Equations’ states that it is encouraging that hiring of PwD in the retail sector…. Continue Reading

Policy changes keep global interest for investing in country high: CBRE

CBRE South Asia Pvt Ltd in its recent findings of its latest global retail report titled ‘India Retail 2.0 and the way forward’, said, “The retail real estate sector is witnessing growing investments by leading PE funds and institutional investors against the backdrop of… Continue Reading

Frozen bakery market to hit $40 bn by 2024: Study

According to a growth statistics report by Global Market Insights Inc, in most developing nations, bakery product manufacturers are reformulating their bakery product lines and modifying their product packaging, claiming to address the consumers’ health concerns. Continue Reading