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E-commerce: As the popularity of the internet has grown, so has online retail.
Selling goods or services online through platforms like websites and apps is known as e-commerce.
Customers can shop online from the convenience of their homes and make selections and purchases.
M-commerce, a subset of e-commerce, is the buying and selling of products and services via mobile devices like smartphones and tablets.
Pop-Up Shops: Temporary retail establishments that open for a limited time to capitalize on a particular trend or area.
Department stores are large retail establishments that carry a variety of goods and are frequently divided into many parts or departments.
Discount Stores: Stores that sell goods for less than in-store prices, frequently with an emphasis on price and value.
Online marketplaces: Sites that enable consumers to browse and compare a variety of products from many different sellers.
Luxury retail: High-end shops that sell expensive goods and emphasize exclusivity and superior customer care.
Inventory management, customer service, marketing, pricing, and sales are just a few of the many facets of the retail industry.
By generating jobs, promoting consumer spending, and fostering general economic growth, it plays a critical role in the economy.
With changes in consumer preferences, technology, and purchasing habits, the retail industry has undergone substantial change.
The Global Retail Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Backed by Ratan Tata In Delhi NCR, BlueStone opens four new outlets.
Ratan Tata-backed BlueStone, India’s top omnichannel fine jewelry retailer, announced the opening of four new retail locations in Delhi-NCR on Monday.
This brings the total number of their locations in the area to 18.
Furthermore, it said that 60 to 70% of customers typically shortlist products online before visiting an exclusive brand store, which allows for try-ons and the completion of the purchase.
The merchandising staff at each of the four new stores have hand-selected a unique range of 450+ pieces from categories like necklaces, pendants, rings, earrings, bangles, solitaires, and jewelry for men and children.
