Retailers Association of India (RAI)’s Post

Value Retail India – Trends and Prospects: Our latest report delves into the dynamic landscape of Value Retail in India.   The value retail market is currently pegged at US$112 billion and will likely surge to US$170 billion by 2026. This segment is set to grow at a CAGR of 15%, surpassing the overall retail sector's expected 10% CAGR.   Our comprehensive report unlocks crucial insights into the value retail segment highlighting market trends, competitive landscape, channel mix, category specificity, assortment mix and success factors.    Read snippets of the report and quote on the industry by Wazir Advisors #RetailCPG practice head Pakhi Saxena covered by ETRetail and LiveMint by clicking the links in the attachment/comments.   For further details of the report and to receive the comprehensive analysis, feel free to connect with our team via email (info@wazir.in).   #WazirAdvisorsRetailCPG #IndiaRetail #ValueRetail Aditya Birla Fashion and Retail Ltd. Reliance Retail Shoppers Stop Tata Trent (Retail) Max Fashion India DMart - Avenue Supermarts Ltd Vishal Mega Mart (Airplaza Retail Holdings Private Limited) V-Bazaar Retail Citykart V2 Retail Ltd Baazar Style Retail Ltd. Citi Style - RG's Fashions Pvt Ltd V-Mart Retail Ltd. Ram Chandra Agarwal Lalit Agarwal Marjolein Van Brandwijk Neville Noronha Retailers Association of India (RAI)

Mumbai witnessed an enlightening workshop on ‘The Art and Science to Create a Profitable Store’. Over 35+ participants present there, were absorbing valuable insights and strategies from our esteemed speakers to elevate their businesses. Digvijay Singh Shoppers Stop Shradha Kurup Raymond Limited Aditya Kothari Lifestyle International Pvt Ltd RAIforIndianRetail #RetailMatters #Retailer #Brand #OnlineShopping #OnlineRetail #RetailStores #RetailShop #RetailMarketing #RAI #RetailAssociationofIndia #Learning #Insights

While speaking on the topic of "Opportunity Bharat - The Many Avatars Of The World’s Most Exciting and Aspirational Market", Sandeep Varaganti, CEO, JioMart, Reliance Retail says, "#Digitalization at multiple fronts is bringing around a change in the mindset of #consumers as well #retailbrands. A decade agao, tier 2 and tier 3 cities did not have stores or showrooms which meant the consumers there did not have access to products. But now due to widespread #onlinecontent and OTT platforms, #awareness about particular brands and products is growing multifold." We at i-TEK RFID also believe that customers #researchingonline and #buyingoffline are eager for a seamless and enriched #instore experience. Retail brands can enhance their #customerexperience with #rfidsolutions like #fittingroomanalytics, #reducedstockouts, #realtime #replenishment and higher #inbound #outbound throughput. #itekrfid solutions can help retail brands in efficient #supplychain and #warehouse management. To know more visit our booth Phygital Retail Convention in Mumbai or visit our website www.infoteksoftware.com Nagesh B S Ashim Patil Raghav Verma Anand Thakur Bijou Kurien #simplifyingrfid #rfidinretail #india #retaillandscape #retailnews

🚀 Discover the Fastest FMCG Brands! 🚚 Remember when our "Retailer's Favorite Sales Representatives" survey sparked a flurry of curiosity and conversation in December? Well, that was just the beginning. Let's talk about the backbone of strong brand-retailer relationships: 'reliable service'. From order-taking to delivery, consistency is key. Reaching countless Kiranas and ensuring stocked shelves is no small feat. But with thousands of distributors and ever-changing demands, challenges arise. That's why we asked retailers to rank brands on delivery speed, out-of-stock, breakage, and returns. Check out the top 10 fastest-delivering brands in our latest "Kirana Club Insider" edition. Dive in for more insights! Link in the comments. 🌟 Kirana Club Krishnarao Buddha Abhishek Mazumder Baljit Singh Virdi Niyati Gadhia Shashank Shekhar Madhura Prabhudesai Vaibhav Kumar Divya Batra Saurav Pani SUNIL KAPOOR Abinash Mohanty Shyam Virani #FMCG #RetailInsights #GeneralTrade #Distribution #Wholesale #Insights #retail #kiranas #offline #GTM #CIIFMCGSummit #Aahar2024 #AaharEvent #Gulfood2024

In the first panel discussion, “Strategies for Retail Growth - What Drives Success in Today’s Competitive Environment?” moderator Bijou Kurien, Chairman of the Retailers Association of India (RAI), engaged industry leaders featuring VKC Razak, Managing Director of VKC Group, India PETER PAUL, Chairman of Pittappillil Agencies Deepak Aswani, Managing Director of Aswani Lachmandas Group VKC Razak emphasized that product innovation is key to success. By tackling common issues like slipper discoloration and durability, VKC earned customer trust and expanded its reach. He highlighted the importance of understanding customer needs, which allows them to offer affordable footwear for all. Peter Paul reflected on his journey, sharing how entering rural markets helped him grow the stores in number. He noted the challenge of acquiring new customers but believes identifying market gaps is essential for sustainability. Deepak Aswani stressed the power of exceptional customer service and personalization. He showcased the Magic Mirror technology at Raymond stores, enhancing the shopping experience. Deepak also pointed out that data analytics helps businesses manage inventory better, ensuring they meet customer demands efficiently. His journey from distribution to retail taught him the value of strategic shifts and technology in driving success. The discussion highlighted that innovation, customer focus, and strategic planning are vital for thriving in today’s competitive retail landscape. #KeralaRetailSummit #Event #Leadership #RetailEvent #Retailers #Brand #RetailMarketing #Discussions #Learning #Insights #Speakers #RetailLeader #KeralaRetailSummit

The anticipation is palpable as the #ETRetailGIRS kicks off with the Inaugural Panel on The Consumer-Centric Retail Vision: Navigating Excellence and Innovation in Every Aisle, setting the tone for an insightful day ahead! Key Takeaways: - Vineet Gautam, Country Head & CEO, Bestseller India One size doesn't fit all and it has become more relevant in nowadays. It is necessary for brands to address the personalisation and hyper-personalization needs of the consumer. Personalisation needs of consumers in Tier II cities and beyond are different from consumers I'm metro and Tier I cities. - Abhishek Bansal, Executive Director, Pacific Development Corporation Ltd Sustainability has become the keyword for us and all the new centres we are opening, we are emphasing more on Sustainability and we are not opening shopping centres just for the sake of it. - Vishak Kumar, CEO, Madura Fashion & Lifestyle (Aditya Birla Fashion and Retail Ltd.) Post purchase experience of consumers matters a lot to us and at each level we try to improve the customer experience. - Lavanya Nalli, Chairperson, Nalli Silk Sarees Pvt. Ltd. It is very important for brands to think about innovation as it has become the need of the hour. - Jatin Goel, Executive Director, Omaxe Limited We are launching 10 MN sq ft of organised space in India over the next 4 years. We stick to the basics while developing the Malls keeping customers at the centre. - Shriti Malhotra, Group CEO, Quest Retail Private Limited – House of Beauty Beauty is becoming one power-packed category and attracting footfalls to the Malls. It is a very personalised category and Malls alongwith global brands are also inviting Indian brands to set their shops at the malls. - Govind Shrikhande, Retail Veteran & Former MD, Shoppers Stop (Moderator) Know More: https://bit.ly/476WaLk #ETRetail #ETRetailGIRS #IndianRetail #ecommerce #FMCG #RetailTech #RetailIndustry #leader #FutureOfRetail #D2C #mumbai #industry #tech #innovation #LiveSession #CEO #Retailer

Nothing has announced the appointment of Vishal Bhola as President for Nothing India. Nothing | Carl Pei Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

There is indeed, no other business bigger than feeding the most Populous Nation of the world....! DMart - Avenue Supermarts Ltd is now valued at Rs 3.50 lac crores....!! with just 375 stores.... Clearly, Bharat/India can have atleast 4000-5000 large format stores as of today and the need will only increase with Bharat/India becoming more affluent in the coming decades. Potential competition for DMart - Avenue Supermarts Ltd's monopoly with a Master stroke by Apparel Group by bringing back Carrefour again to Bharat/India. Apparel Group is also playing silently a very smart and aggressive play in the Fast/Value Fashion Retail in Bharat/India with R&B India (Rare & Basics Private Ltd). There would be a lot of learnings for Carrefour in their B2B avataar during their last stint in Bharat/India. Apparel Group may have to overlay an Omni-channel strategy with their advent in the Food & Grocery retailing in India Apparel Group will need to build a great team, which stays for long and have a consistent execution strategy over the next 10 years to build onto this incredibly large opportunity. Here's wishing Apparel Group the best for their advent into the Food & Grocer market in India Nilesh Ved Sima Ganwani Ved GRAND HYPER MARKET LuLu Group India LuLu Group International SPAR India (Max Hypermarket India Pvt Limited) Landmark Group Alshaya Group Majid Al Futtaim Panda Retail Company – Savola Group Chalhoub Group Tamimi Markets

A sneak peek into an insightful ESOps Workshop on ‘The Art and Science of Creating a Profitable Store’ took place in New Delhi. Over 40+ participants attended, learning valuable tips and strategies from our esteemed speakers to advance their businesses. Raghu Tiwari GAURANG GOVIND Latika Katyal #RAIforIndianRetail #RetailMatters #Retailer #Brand #OnlineShopping #OnlineRetail #RetailStores #RetailShop #RetailMarketing #RAI #RetailAssociationofIndia #Learning #Insights

In a little over four years since starting its operations in 2019 as a #D2C brand, The Sleep Company reached the milestone of achieving an annual recurring revenue of Rs 500 crore. The brand is now gunning for #profitability and hitting the Rs 1,000 crore milestone in two to three years. Click on the link below to know more! https://lnkd.in/gx2q9eaY Priyanka Salot I Harshil Salot I Shiv Joshi #TheSleepCompany #mattressbrand #retailexpansion #retailnews #retailtrends #retailsector #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailresults #retailindia #retailupdates #retailsectornews #businessnews  #retailbusiness #ir #IndiaRetailing