Industries across the globe have been talking about the impact of the pandemic on their businesses. More importantly, perhaps, they have been thinking about how to prepare for the longer-term implications and remediate the shorter-term shocks. Meanwhile, let us go through this week’s “Indian Retail at a Glance” to understand how retail scored in the past week.
Customer loyalty for D2C: 5 ways to keep your customers happy
The rapid growth of D2C brands should not come as a surprise given the current market circumstances. But it is important to know how to not just establish a digital presence, but ways to maintain the growth as well.
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Technology driven changes: Going offline to online in ecommerce era
With most part of the compliance chain being shifted to an online interface, not only has the technological intervention enabled businesses to operate smoothly, but more importantly, the tax authorities are now able to ensure enhanced compliance, and sharpened checks and balances, with significantly reduced manual intervention.
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FMCG growth momentum continues, rural giving a big push
There has been a fundamental evolution or a shift in rural India post pandemic. Rural consumers have shown early indications towards adoptions and getting habituated to key steps which actually was not there in the past. In some categories, there is phenomenal growth in rural post pandemic and even during pandemic.
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DMart enters Haryana market with 94,000 sq ft store in Faridabad
One-stop supermarket chain DMart has entered Haryana market with 94,000 sq ft store at BPTP Parklands, Faridabad. This is the second DMart store in NCR, the first one being in Ghaziabad.
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Haryana to open 2,000 grocery stores for youth
The retail stores named "Har-Hith" are part of the scheme launched by Chief Minister Manohar Lal Khattar last month as part of which a chain of grocery shops will be opened to sell the best quality daily-needs products at reasonable prices.
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Offline retailers trying to woo customers away from online deals
Handset retailers are desperately trying to woo prospective customers away from ecommerce platforms using offers such as gift vouchers, gym memberships, free cosmetic laser treatments and, at the very least, a free car service, along with your new phone.
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Godrej Consumer Products expects double-digit growth in FY'22
The Godrej group firm has taken multiple initiatives to tap the potential of the new age channels such as e-commerce along with chemist and pharmacy stores that have emerged as important touchpoints for the customer buying FMCG products, after the pandemic.
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Emami to Maintain a Decent Margin Despite Hike in Input Cost
The company intends to maintain decent margins on the back of stringent cost control and volume-led growth. Increase in raw material costs could be absorbed through higher operational efficiency and judicious price increases.
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Dabur expands Hajmola portfolio with new ‘LimCola’ flavour
India’s leading Science-based Ayurveda Company Dabur India Ltd announced the expansion of its Hajmola tasty digestive portfolio with the launch of ‘Dabur Hajmola LimCola’, a digestive tablet with the unique mix of lemon and the chatpata twist of Hajmola.
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Amazon to open 2 cashier-less Whole Foods stores next year
Amazon, which owns the grocery chain will bring its cashier-less technology to two Whole Foods stores for the first time, letting shoppers grab what they need and leave without having to open their wallets.
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