Reliance Brands Limited’s Post

What an exciting Day unveiling retail Insights! Exhilarating day at Express Avenue, Chennai, diving deep into enriching customer experiences with renowned retail brands like Wrangler, Calvin Klein, Marigold Lane, Forever 21, TASVA | Aditya Birla Group x Tarun Tahiliani, The Souled Store, and more! 💼💡 Interacting with these industry leaders shed light on the crucial role of staying abreast of advancements in retail technology, delivering personalized shopping journeys, achieving seamless omni-channel integration, and navigating through merchandising challenges. One fascinating discussion revolved around the potential of virtual tours in amplifying Local SEO, enhancing personalized shopping experiences, and leveraging platforms like VirtualVista.in to elevate marketing strategies, precisely targeting the right audience and driving foot traffic to boost sales. Psst! Don't forget to experience 'The Real Van Gogh Immersive Experience,' a captivating journey delving into Van Gogh's remarkable life and extraordinary masterpieces! 🎨 #RetailInsights #CustomerExperience #VirtualTours #MarketingStrategies #VanGoghExperience #ChennaiRetailHub

SNITCH has made its mark in #Surat, one of India's fastest-growing cities, with the inauguration of its first megastore at VR Mall, a premier community-oriented lifestyle destination in the heart of the city. The newly launched Snitch men’s fashion store at #VRMall promises to offer an extensive range of men’s apparel, catering to the diverse choices and preferences of the local clientele. #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailreports #retailtechcase #retailtrends #retailbusiness

Beware of Misleading Promises by Big Brands Like Croma! Recently, I faced a frustrating experience with Croma at Saket's Select City Walk. I purchased a smartwatch from them, and within the warranty period, it developed issues with charging and starting. Thinking it was a straightforward matter of warranty, I took it to their customer service desk, only to be told that since my warranty was expiring in 8 days, they couldn’t provide a full replacement. Instead, they offered only a 60% cashback on the value of the watch. Is this what customers sign up for when they buy a product with a warranty? Nowhere was this condition mentioned at the time of purchase! After a long discussion, they finally agreed to replace the item but without an extended warranty, and they didn’t even have the same product available. They promised to inform me once it was located at any other Croma store. This experience has left me feeling misled and disappointed by a brand I trusted. Such responses raise the question: Are big brands truly committed to customer satisfaction, or is it all just marketing? If you’ve faced similar experiences, let’s talk about it. Customers deserve better transparency and accountability from brands they rely on! Update on 6th November 2024: Got the replacement of the item. #ConsumerRights #CustomerService #Transparency #BigBrands #Croma #Warranty Croma Infiniti Retail Limited., A Tata Enterprises(Croma)

For anyone who has visited BKC’s plush Jio Mall when it newly opened it made one feel we were in some super elite world where most of the brands were either unheard of or a cursory window check makes your realise that each item here is maybe the CTC of a manager of a good company per say !! It made we wonder who are these people and what makes them want to buy this (Rhetoric question when you see and read about the luxury market in India) The author here further elaborates how it started and where is the luxury enterprise of India going and what lies in the future …. Until then use this weekend to figure out if a piece of apparel of some accessory is worth the CTC of most and “who are these people” !!! #Luxury #SuperPremiumBrands #IndiaBusiness

In Q2 FY25, Reliance Retail's digital and new commerce businesses contributed 17% to total revenues, reflecting the company's strong omnichannel approach. Despite a 3.5% YoY dip in operating revenue to INR 66,502 Cr, net profit grew 4.6% YoY to INR 2,836 Cr. This sequential increase from INR 2,746 Cr in Q1 FY25 underscores the resilience of its retail arm. JioMart Digital is ramping up its quick commerce pilot, with non-grocery AOV doubling YoY, driven by rising electronics sales. Additionally, AJIO added 18 Lakh new customers in Q2 FY25, while JioMart's seller base grew 46% YoY, with a 13% increase in option count. On the media front, JioCinema doubled its paid subscriber base to over 1.6 Cr, mitigating the drop in movie segment earnings at Viacom18. Jio Platforms posted a 23.4% YoY net profit rise to INR 6,539 Cr, further strengthening the digital ecosystem. At the group level, RIL saw a marginal 0.2% YoY revenue rise to INR 2.35 Lakh Cr, though net profit dipped 3.6% to INR 19,101 Cr. Vandana Tolani #RelianceRetail #DigitalCommerce #QuickCommerce #JioMart #AJIO #JioCinema #RetailGrowth #MediaGrowth #Q2FY25 #BusinessPerformance #RIL

McDonald's India has 512 stores while Zudio has 552 Stores! 😱 People buy more Clothes than they eat Burgers and Fries! 🍔 🛍 A neat flywheel is driving this growth. Zudio's fast fashion is indeed fast – in FY23, they sold 🛍 👕 90 T-shirts every minute! 👖 20 pairs of jeans, 💄 17 lipsticks, and 19 fragrances every hour! ⏱ The model is simple: ✅ Focusing on their captive brand, and latest fashion, minimizing lead times, and shrinking the time from design to shelf. ✅ This strategy has resonated with Indian consumers, with Zudio stores averaging INR 17,000 sales/sqft compared to the industry standard of INR 10,000. 💰 The key to this success lies in the flywheel effect. 🔁 With a low payback period of just 1.5 years, Zudio has been expanding rapidly, adding 203 stores last year and totaling 552 stores in India – more than McDonald's outlets (512). 🤯 The parent company, Trent, has experienced a massive stock jump, increasing by 5 times in just 2 years since Zudio's launch. 📈 This growth has left me thrilled with the returns as Trent remains my largest direct holding. 💹 What do you think about this trend? Is the current PE ratio of 127 for Trent justified? Share your shopping experience at Zudio and your perspective in the comments below. 💬 (Data Source: Trent Annual Report) #business #india #consumer #growth

Zudio's Remarkable Growth and Market Strategy Zudio, a fast fashion brand, has outpaced McDonald's in India with 552 stores compared to McDonald's 512 outlets. This trend indicates that Indian consumers are buying more clothes than fast food. Fast Fashion Leader with Affordable Pricing- Zudio's appeal lies in its fast fashion model, offering trendy clothes at affordable prices, with everything priced under INR 999. The brand has become known for its dupes of trending clothes from multinational brands like Zara and Mango, making fashion accessible to a broader audience. The affordability and variety make it difficult for Gen Z shoppers to leave the store empty-handed. Zudio provides a wide range of products, from lip glosses and claw clips to wet wipes and fancy dresses, making it a one-stop solution for all fashion enthusiasts. By competing with multinational brands in terms of fast fashion and affordable pricing, Zudio has established itself as a brand that everyone knows about, irrespective of whether they have visited the store. The excitement around Zudio is palpable. For instance, a personal memory of visiting Udaipur includes eagerly awaiting a visit to the Zudio store and the thrill when a store opened in my vicinity. Effective Expansion Strategy- Zudio's expansion strategy of starting in tier 2 and tier 3 cities and then moving to tier 1 cities has been particularly effective. This approach has helped Zudio build a robust customer base in smaller cities before tapping into the larger urban markets. Ironically, Jodhpur, for example, has 3 Zudio stores but only 1 McDonald's outlets, highlighting Zudio's significant market penetration.

#Retail more about experience now. As brands experiment with immersive shopping experiences aided by smart technology, physical retail space has become essential rather than optional. With India's GDP surpassing $4 trillion, the rising purchasing power indicates that consumers now prioritize experiences over just value. Physical stores are now more about providing an engaging experience than just showcasing merchandise. Brands recognize this shift and are expanding their stores to broaden their offerings. The trend underscores the evolving landscape where retailers are strategically investing in creating memorable in-store experiences to meet the changing preferences of Indian shoppers. #AryaGroup #RetailRevolution #MallTransformation #InnovateWithArya #malls  #Retailer  #Multiplex #Cinema #FoodCourts #restaurant #realestate #highstreet #hotels #franchise #hospitality #businessdevelopment #marketing #myfranchiseretail #aryagroupmallmanagement #aryagroupofcompanies #NRGRetail #retail #india

This story will challenge everything you thought you knew about retail success 🤔 What happens when you combine Tata Group's business acumen with budget-friendly fashion? 𝐀 4000 𝐜𝐫𝐨𝐫𝐞 𝐟𝐚𝐬𝐭-𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐛𝐫𝐚𝐧𝐝... 𝐋𝐞𝐭'𝐬 𝐮𝐧𝐩𝐚𝐜𝐤 𝐙𝐮𝐝𝐢𝐨'𝐬 𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲: 1️⃣ Price Point Perfection: With most items priced under ₹999, Zudio made fashion accessible to the masses, tapping into the vast middle-class market. 2️⃣ Trend-Driven Inventory: Quick turnover of styles keeps customers coming back for the latest looks without breaking the bank. 3️⃣ Strategic Expansion: Rapid store rollout in Tier 2 and Tier 3 cities, bringing affordable fashion to underserved markets. 4️⃣ Lean Operations: Efficient supply chain management and minimal marketing spending keep costs low and prices competitive. 5️⃣ Target Audience Focus: By catering to young, fashion-conscious consumers aged 18-35, Zudio carved out a loyal customer base. 6️⃣ Omnichannel Presence: Seamlessly blending offline stores with online platforms to meet customers where they are. Share your thoughts below! 👇 #FashionIndustry #BusinessStrategy #tatacompanies

Indian Retail Market India is the world’s fifth-largest global destination in the retail space and Contributing 10% in Indian GDP. On the basis of different factors indian retail sector is expected to reach US$ 2 trillion in value by 2032, according to a recent analysis by the Boston Consulting Group (BCG) as well as other research firms. Now we can really say that India will become a developed nation by 2046.