Page 5 - Retail
Offers, discounts, impulse: How retailers use psychology to make you shop
Studies suggest that as much as 50% of all groceries are sold because of impulsiveness - and over 87% of shoppers make impulse buys.
 "Offers, discounts, impulse: How retailers use psychology to make you shop")
Top headlines: HDFC-HDFC Bank mega merger, India's export boom explained
The Centre may increase the allotment of its shares in the IPO of LIC. More on that and other stories in our top headlines this morning.
 "Top headlines: HDFC-HDFC Bank mega merger, India's export boom explained")
MG Motor India reports 14.5% decline in retail sales at 4,721 units in Mar
MG Motor India reported a 14.5% decline in retail sales in March at 4,721 units, hit by supply chain constraints due to the new COVID-19 variant and the ongoing global semiconductor chip shortage.
 "MG Motor India reports 14.5% decline in retail sales at 4,721 units in Mar")
A sigh of relief for vendors, others as Reliance takes over Future stores
Reliance has been making job offers to employees of these stores, which will ensure job continuity for nearly 30,000 employees of Future Group's retail network.
 "A sigh of relief for vendors, others as Reliance takes over Future stores")
Tesco has moved from being service-led to engineering -based firm: CEO
UK-based retail giant is 'at the table with the leaders' in Indian business services industry, says Sumit Mitra.
 "Tesco has moved from being service-led to engineering -based firm: CEO")
ABFRL eyes over 10% of revenue from new age digital brands in 3-5 years
ABFRL will look at buying out a majority stake in D-2-C brands it will invest in as it has done in the past in its other investments.
 "ABFRL eyes over 10% of revenue from new age digital brands in 3-5 years")
Retail sales in Jan hurt by Covid curbs, at 91% of pre-pandemic level: RAI
South zone was the least impacted registering a 2 per cent decline, as compared to January 2019
 "Retail sales in Jan hurt by Covid curbs, at 91% of pre-pandemic level: RAI")
What is sin tax? What is it imposed on?
Govts earn revenue by charging taxes. But, it also imposes a special tax to wean people off bad habits. It is called sin tax. Govts impose sin tax on alcohol and tobacco products
 "What is sin tax? What is it imposed on?")
Google-backed Dotpe adds 55,000 merchants across country in past 20 days
Has not only managed triple-digit growth, but its retail merchants have clocked 139% spurt in orders; firm has already onboarded 7.5 million retailers across tier-1, 2 and 3 cities
 "Google-backed Dotpe adds 55,000 merchants across country in past 20 days")
Ola to set up India's largest dark store network for its quick commerce biz
In next six months, Ola Dash aims to expand its dark store network to 500 dark stores spread across 20 cities, making it the largest dark store network in India.
 "Ola to set up India's largest dark store network for its quick commerce biz")
Offline retailers feel Omicron chill as Republic Day sale nears
Fewer trips to malls mean lower footfall and sales, resulting in higher piling of stock - and possibly higher discounts
 "Offline retailers feel Omicron chill as Republic Day sale nears")
The devil in retail: Consumer financing may attract closer scrutiny by RBI
The consumer financing business is showing signs of heightened stress
 "The devil in retail: Consumer financing may attract closer scrutiny by RBI")
Westons sell iconic Selfridges chain to Thai-Austrian Group
Central and Signa will own the chain in a 50-50 partnership, according to a statement late Thursday London time.
 "Westons sell iconic Selfridges chain to Thai-Austrian Group")
Domestic retail sales in November up 9% over pre-pandemic levels: RAI
Retail sales in India in November grew by 9 per cent over the pre-pandemic levels of the same month in November 2019 signaling improvement in business albeit worries around Omicron variant
 "Domestic retail sales in November up 9% over pre-pandemic levels: RAI")
How does Ikea's Peter Betzel plan to expand and invest in India?
In an interview with Business Standard's Sharleen D'Souza, Peter Betzel, chief executive officer and chief sustainability officer of Ikea India, shares the company's expansion and investment plans
 "How does Ikea's Peter Betzel plan to expand and invest in India?")
FabIndia seeking $500 mn in IPO at $2-bn valuation: Report
Its backers include PremjiInvest, the family office of Azim Premji
 "FabIndia seeking $500 mn in IPO at $2-bn valuation: Report")
US retail stocks slide on Black Friday as new virus worries arise
Little is known of the variant, detected in South Africa, Botswana and Hong Kong, but scientists say it has an unusual combination of mutations
 "US retail stocks slide on Black Friday as new virus worries arise")
Here are four building blocks for a future-ready retail with technology
The share of e-commerce is expected to grow from 6% of the overall market in FY21 to almost 11% by FY26
 "Here are four building blocks for a future-ready retail with technology")
Future Retail's losses widen in Q2 as expenses rise
The retailer's revenue was up by 66.3 per cent in the quarter at Rs. 2,369 crore
 "Future Retail's losses widen in Q2 as expenses rise")
Credit growth gets festival boost in Sept led by retail, industry, agri
Growth in credit to the services sector decelerated to 0.8 per cent in September 2021 from 9.2 per cent in September 2020
 "Credit growth gets festival boost in Sept led by retail, industry, agri")