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    #LUXURYLAB #RETAILING #INDIA Organised retail can become the new sunrise sector, but retailers need to adapt to hybrid model #FMCG #Supermarket

    The share of organised retailing, or modern format retailing, which consists of hyper markets, super markets and small organised outlets, is only around 10 percent in India

    Organised retail is reaching an inflection point. The sector is gaining critical mass and is consolidating, as evidenced by the flurry of recent deals. In August alone, Walmart picked up 77 percent stake in Flipkart for $16 billion, Warren Buffett agreed to invest in Paytm, and China's Alibaba invested $300 million in online grocery retailer BigBasket. Besides, Ikea opened its first store in the country.

    Lire en entier : http://bit.ly/2TUpf83

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    [#CONSOLAB] [#RETAILING] Why technology is key to the future of Smart Retailing? #smart #retailing #FMCG #technology

    By Betch Wright, November 27 2018, Just-Style

    "The new consumer is about I, myself, and me" (Jorgi Abraham)

    The digital disruption of the apparel industry from manufacturing to retail is being driven by virtual reality, 3D modeling, artificial intelligence and voice technology. So to be successful in the future, companies along the supply chain must embrace these new tools to better connect with consumers. 


    In fact, the very definition of retailing is going through change, he adds, with the retailer no longer acting as a physical link between the manufacturer and the ultimate consumer. Instead, manufacturers can sell through portals like Amazon, or direct via their own websites.

    But the one constant seems to be "whether online or offline, whether through an intermediary or direct, the consumer is looking for some kind of an experience when shopping".