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Retail industry News

Analytic solutions

27 Feb 2022

Enterprise analytics can change the face of retail industry, says Anoop Prabhu

Analytic solutions can assure that customers have a positive experience by developing a personalised customer experience. Video analytics will not only help the digital business but will also help in the growth of the physical worlds of retail. The global Retail Analytics market size is projected to reach USD 4.5 billion by 2027, from USD 2.4 billion in 2020, at a CAGR of 9.0% during 2021-2027.

retail industry

29 Jan 2022

Envisioning digital-led retail experience

The recently growing Retail industry is built on a new covenant of data-driven retail experiences and heightened consumer expectations. It is also predicted the digital and physical worlds of retail will be seamlessly converged allowing people and machines to interact through perception and emotion. Retailing will become a new intelligent space, powered by AI, biometric recognition, optical sensors, and AR/VR that will bring new features to the retail industry.

retail industry

25 Apr 2021

Fashion retailers revenue to hit pre-pandemic levels only in FY23: Report

The industry was recovering well till the second wave hit. The food and grocery retailers are set to deliver revenue growth of 8-10 per cent in 2021-22. The pandemic has also spurred the adoption of online retailing in India.

26 May 2015

Amazon starts declaring sales to pay taxes in 4 European countries

Amazon has tax agreements in Luxembourg under which it recorded European sales and paid taxes on them in the tiny country instead of at the source.

Reliance Retail

20 May 2015

Reliance Retail to launch multi-channel shopping across all formats

Reliance Retail forayed into online channel through www.Reliancefreshdirect.Com.

Maharashtra share in NSE

19 May 2015

Maharashtra tops in NSE's equity retail participation with 38% rise

The retail growth in the cash market was also fuelled by the fact that 12 IPOs were launched during the period.

03 May 2015

V-Mart to invest Rs 200 cr, add nearly 200 stores in 5 years

The company had a revenue base of Rs 574.96 crore in FY 2013-14. It is, at present, operating 109 stores in 91 cities.

21 Dec 2014

Retail grows to $560-bn in 2014; FDI hopes hang in balance

While the previous UPA government had allowed up to 51 per cent FDI in multi-brand retail, no foreign retailer apart from Tesco had approached the government for permission to set up stores to sell multiple brands under one roof.

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