Offline Retail

Vivek Lohcheb, CEO, Pincode.

Licious plans to first establish a strong offline presence in Bengaluru before expanding to cities like Chennai and Mumbai

Payment solutions will allow transactions when connectivity is poor or if there is a systems breakdown

The move is significant since most retailers mandatorily ask for a buyer's phone number as they generate the bill for their purchase

In 2022, India registered "a double-digit revenue growth in the same period over the previous year including smartphones, core wearables and TWS mobile headsets

In the India e-tailing GMV Index, there is a monthly growth comparison. In 2022, this was 60 per cent higher in April than April 2021

Proximity payments have got a huge leg-up. Tap-and-pay will now be on steroids

Conversion rate also higher as compared to last year

Sector sees volume decline of up to 25%; e-com firms do brisk business

It plans to expand its footprint to 200 physical outlets pan India by 2023 and 800 by 2026

The launch is part of the company's vision to open 200 physical outlets pan India by 2023 and 800 by 2026

The company has a three million-strong customer base and serves 300,000 customers a month; opens its first-ever exclusive store at R-City Mall in Mumbai

With the upcoming festive season, the e-commerce firm said it is focused on helping 'Local Shops' grow their business and recover from the economic disruption caused by the pandemic

Retail boom will be directly correlated to vaccination levels, Shoppers Stop MD and CEO Venu Nair said

Pee Safe's offline foray comes in light of the increased demand for hygiene and sanitation products amidst heightened awareness due to the pandemic

E Commerce giant Amazon has announced to discontinue its pantry service, as it strengthens its grocery delivery both online and offline

The new format will offer offline stores, brands an opportunity to unlock benefits of technology and social commerce hybrid retail model to reach millions consumers

CarDekho to open 50 offline stores within 6 months as used car demand rises

The two companies have already trained more than 800 offline retailers and more training sessions are lined up in the coming weeks

The trend is similar to what retailers had experienced during Diwali last year, when sales picked up during the festival of lights