abhishek tikkha’s Post

Despite fierce competition from online retailers, Brick-and-Mortar electronic retailers are making healthy profits- Report - New Delhi [India], December 2 (ANI): In an era where online retailers dominate the market, brick-and-mortar electronic retailers in India continue to report healthy profitability, says a report by - https://lnkd.in/g-mxdCSB

Despite fierce competition from online retailers, Brick-and-Mortar electronic retailers are making healthy profits- Report “In the consumer durables landscape, what seems surprising is that despite "killing" competition from online retailers, the profitability of brick -and-mortar electronic retailers remains healthy. We argue this is not accidental. Their success suggests discipline and efficiency in the channel--likely enforced by OEMs, which provide crucial support in the form of materials, credit and corrective actions.” https://lnkd.in/gutkP9hq Nuvama Group Ministry of Micro, Small and Medium Enterprises, Government of India #retailer #EV #OEM #Mortar #retail #Retailoutlet 

Despite Fierce Competition, Brick-and-Mortar Electronic Retailers Remain Profitable In today's retail landscape, dominated by online giants, brick-and-mortar electronic retailers in India are quietly thriving. A recent report by Nuvama highlights how these traditional retailers continue to report strong profitability, def... https://lnkd.in/dG4HBQMW #RETAIL #DIGITALMARKETING_E_COMMERCE_CONSUMERPROTECTION_REGULATORYCOMPLIANCE_FINTECH #FOXCONN_VIETNAM_CHIPMANUFACTURING_ELECTRONICS_INVESTMENT #BRICK_AND_MORTAR #CONSUMER_DURABLES

As someone who’s deeply involved in global supply chain trends, I find this shift both exciting and challenging. At Hexalog, we’re focused on building flexible, cross-border supply chain solutions that can keep up with these demand surges. We operate in regions like Bangladesh, China, Iran, Iraq, Australia, the UAE, and Europe, helping brands reach fast-growing markets quickly and smoothly. India’s changing consumer landscape reminds us that supply chains need to stay adaptable, especially during peak times. Serving a market that’s expanding beyond big cities isn’t just about logistics—it’s about staying tuned to local changes and being ready to adjust quickly. #GlobalSupplyChain #SupplyChainTrends #CrossBorderSolutions #DemandSurges #FastGrowingMarkets #AdaptableSupplyChains #LocalChanges #PeakTimes #Logistics #MarketExpansion #industryinsights

Retailers Association of India (RAI) has released the 56th Retail Business Survey, reporting a 7% growth in the retail sector from 7 October 2024 to 1 December 2024 compared to the same festive period last year (2 October 2023 to 26 November 2023). Kumar Rajagopalan, CEO, RAI said consumption growth has been subdued throughout the year, prompting retailers to boost business through promotional offers and encouraging festive purchase. By Indrani B. #retailers #festiveseason #retail #brands #marketing https://lnkd.in/gHVnJUz3

The Open Network for Digital Commerce (ONDC) recorded 8.9 million transactions across retail and ride-hailing segments and 23% month-on-month increase in total transaction volume. Open Network For Digital Commerce (ONDC) Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

'ONLINE SELLING PICKING UP' Online selling is yet to pick up among India’s retailers, with 46% saying that they are at the nascent stage of understanding the workings of online retail. 16% of retailers are yet to find digitally savvy staff to use online selling platforms. The study revealed that 7 in 10 retailers plan to open new stores to strengthen their physical presence. The study was focused on 3,000 Indian retailers and shoppers across 25 plus cities and nine industries.

As many as 76% of Indian consumers perceive the quality of items from international sellers as superior, driving their cross-border shopping more than their consumer counterparts in the UK (27%) and the USA (35%), according to a survey by Avalara, Inc. Click on the link below to know more... Avalara India I Dulles Krishnan #globalbrands #crossborder #shopping #ecommerce #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailindia #retailsectornews #retailresults #retailtrends #retailbusiness #ir #IndiaRetailing

Festive Fever: Indian Ecommerce Hits a Record ₹1 Lakh Crore in Sales🚀 Indian e-commerce platforms recorded an impressive ₹1 lakh crore (around $11.9 billion) in sales over the festive season, marking a 20% increase from last year, according to @EconomicTimes. This growth was fueled by non-metro cities and a surge in demand for premium brands. The first week alone contributed more than half of the total festive sales, spurred by Flipkart’s Big Billion Days and Amazon’s Great Indian Festival, which kicked off on September 26. During this period, sales reached ₹55,000 crore before dipping slightly in the third week and rebounding as the season drew to a close. Smartphones reigned as the top-selling category, accounting for nearly 65% of online purchases. The demand for high-end brands also surged, with Amazon reporting a 30% increase in sales of large appliances and substantial growth in beauty and fashion categories—some of which saw over 400% growth compared to usual levels. The festive season also set a record for UPI transactions, reaching 16.58 billion in October, a 45% year-on-year increase. Quick commerce made a significant mark, contributing an estimated $1.1-1.2 billion in sales, according to Datum. Homegrown direct-to-consumer (D2C) brands flourished, with categories like beauty, shoes, and apparel reporting up to 700% year-on-year sales growth. #india #business #investing

National Retail Federation Very interesting data on global retail landscape and consumer habits. Mentioned clear that physical stores do matter while online presence is mandatory now. We see lot of scope for India based retail listing to catch up with the global top listed entities. #retail #supermarket #ecommerce .