Future Group, India’s largest retailer, with banners that span the retail market, has deployed a new database for its Enterprise Data Cloud in support of large-scale data analytics for its multi-format nationwide chain of retail stores.
The retailers can exploit each other’s synergies in non-competing categories, which ultimately helps the customer get a wider choice from the same store.
Modern Retailers More Responsive In Cutting Or Holding Prices Than Kiranas…
IT’S a nagging, almost decade-old doubt that has kept foreign direct investment (FDI) in retail at bay: will the entry of Big Retail hurt the six million kirana stores?
Organised retail accounts for less than 10% of India’s retail market estimated at close to $400 million. The Boston Consulting Group estimates the size of organised retail market at $28 billion and expects it to grow nine times to $260 billion in 10 years.
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