Images Retail Magazine - November 2023

In this issue

A Look at India’s Food & Grocery Retail Basket
India is the third-largest food and grocery market in the world. Making up 65 per cent of India’s retail market, the food and grocery segment is a thriving business. Within the food & grocery basket, staples and fresh account for 75-80 per cent of the total food retail spend. Growing at a CAGR of 10.9 per cent, packaged snacks, confectionery, and beverages are also making their mark.

National Investment Promotion and Facilitation Agency Invest India expects the market to grow at a compound annual growth rate (CAGR) of 10 per cent, driven by rising consumption of processed foods, dairy products and premiumisation trends. The Indian e-grocery market, which experienced a turning point during the pandemic, has seen a CAGR of over 30-35 per cent. It is projected to reach $3 billion to $6 billion by 2025, up from $2 billion to $3 billion in 2020.

Nykaa Net Profit Rises 50% to ³7.8 Crore in Q2

Nykaa reported a 50 percent increase in consolidated net N profit to ₹7.8 crore in the second quarter ended September 2023.

1 min

Amazon India Sees Strong Festive Sales Growth in 2023

E-commerce giant, Amazon India, announced that its 2023 festive sale is the best ever in all parameters compared to earlier editions, fueled by strong demand.

1 min

Honasa Consumer Raises 765 Cr from Anchor Investors Ahead of IPO

Honasa Consumer Ltd., which owns new-age FMCG brands like Mamaearth and The H Derma Co, announced that it has mobilised 765 crore from the anchor investors ahead of its initial public offering (IPO).

1 min

We Have Transformed the Whole Value Chain With Technology RD

Manish Kapoor, Managing Director, Pepe Jeans in India, talks about the company’s three-decade journey and the digital transformation of its stores, manufacturing process and the whole supply chain

6 mins

I Want to Reach the Number of Stores that the Indian Customer Wants

How supermarket specialist Damodar Mall, Chief Executive Officer, Value Formats, Reliance Retail Ltd., is helping the business meet the aspirations of India's unique, assertive and emerging consumers with a cart loaded with experience and customer orientation

10+ mins

Vijetha Supermarkets: Fresh & Evolving

Jagan Mohan Rao, Director, Vijetha Supermarkets talks about how the 24-year-old business has managed to grow and evolve with the times to become one of the most popular retail chains in Telangana and Andhra Pradesh with 105 stores

3 mins

Osia Hypermart - The Pride of Gujarat

With 43 stores covering 7,80,000 sq.ft. of retail space and steady growth in profits year-on-year, Osia Hyper Retail Ltd. is clearing winning the hearts of customers in Gujarat with its chain of hypermarkets

2 mins

Modern Bazaar - Rising From the Ashes

The story of how Delhi NCR-based popular supermarket chain Modern Bazaar reinvented itself after being gutted in a fire

3 mins

Arambagh's Foodmart Convenience & Quality

Biyas Roy, Executive Director, Arambagh’s Foodmart talks about the Kolkatabased chain’s focus on offering convenience to customers in everything from its store locations to its checkout processes and home delivery

3 mins

INNOVATE. COLLABORATE. TRANSFORM.10 OCTOBER, 2023 | DUBAI MARINA

The 12th edition of the T Middle East Retail Forum (MRF) that brought together retail visionaries, leaders, innovators and disruptors highlighted the massive growth opportunities in the Middle East, which continues to be a thriving retail hub despite intense competition and macroeconomic headwinds.

10+ mins

Online eTailing Festive Month Sales to be Around F90,000 Crores: Redseer

The strategy consulting firm, projects eTailing festive month sales to be around 90,000 crores, which is 18-20 percent higher than last year

3 mins

We are Bullish on the Retail Space,

Nirupa Shankar, Joint Managing Director, Brigade Group, on the mall’s current focus areas, innovations and much more

7 mins

These Malls Got a New Lease of Life

Here's a list of once-failing malls in the country that have been successfully revived to become thriving businesses, again

6 mins

Trends, Insights, and Innovations

Over two days, Shopping Centre Next 2023 provided the perfect platform for networking, trend casting and discussions on the current scenario and future potential of retail real estate in India

2 mins

Inclusive Spaces Pet-Friendly Malls in India

With dedicated pet zones and innovative services, these malls are pioneering a new era of retail therapy that accommodates every member of the family, including the furry ones

3 mins

CONVERGENCE OF PHYSICAL AND DIGITAL BUSINESS PHYGITAL

Satish Panchapakesan, Senior Vice-President & CIO at Arvind Fashions Ltd., speaks about the technology transformation at the company, his tech mantra and future focus

2 mins

Read all stories from Images Retail

Images Retail Magazine Description:

Launched in 2003, IMAGES Retail magazine took on the task of analysing the emerging organised retail industry at a time when the industry itself had little data to work on. The magazine covers the gamut of Indian and International movements in retail technology, logistics and supply chain, store formats, store design, retail real estate, franchising and human resource, besides reporting on significant directions within India’s sunrise industry.

The magazine is widely acknowledged India’s leading retail intelligence publication for decades now, providing news, insights, research & analysis, intelligence and data covering retail operations across all Indian markets.

The mission of the monthly B2B magazine – published exclusively for the retail industry – is to bring industry leaders and brand owners up to date with the latest in retail technology & innovations, provide them with in-depth research, studies and analytical, insightful features which help them grow their businesses in India. The magazine aims to spark ideas and shape agendas for decision makers in India’s competitive retail industry.