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Tag: deloitte

Retailers need to invest in advanced technologies: Deloitte

Retailers need to invest in advanced technologies such as cloud computing, blockchain, robotics and automation to enhance their competitiveness, according to a report by Deloitte. It said that embracing modern technologies would help in addressing the last-mile delivery challenge of the new-age tech-savvy consumer. Retailers are striving to offer a seamless shopping experience through data-driven …

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Retail FDI to be organised retail’s next growth-driver in India: Deloitte

Deloitte India unveiled a comprehensive thought leadership publication titled, Retail FDI in India highlighting the growing relevance of foreign direct investment (FDI) and the government’s openness on FDI in retail trade in the country. According to the publication, the increasing FDI and entry of multinational retailers in India is expected to increase the share of …

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Deloitte Global Powers of Retailing Report shows an Indian retail brand lead the fastest 50 list

Deloitte Global released the 23rd edition of its Global Powers of Retailing 2020 this week. The report shows that Reliance Retail grew by 55.8 percent CAGR and jumped to the first position from sixth a year ago on the list of Fastest 50 retail brands. The growth is backed by the company’s strong focus on …

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Deloitte: Six steps to ensure retail success in 2020

Deloitte advises retailers to stress factors including convenience and digital enablement in the coming year. In its new 2020 retail industry outlook, Deloitte outlines a number of key trends retailers can expect over the next 12 months, with calls to action to best respond to them. Following is a brief review of six critical steps …

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Deloitte: Retailers should feel grateful for upcoming Thanksgiving weekend

Consumers are prepared to spend online and off between Thanksgiving and Cyber Monday. Seventy-nine percent of consumers plan to shop for holiday gifts during the five-day period between Thanksgiving and Cyber Monday (Nov. 28 – Dec. 2), according to the Deloitte Pre-Thanksgiving Pulse Survey. The average spend is expected to be $415 per household. Gen …

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Supercuts hair salon owner, Regis UK, enters administration | Business

The owner of Supercuts hair salons has become the latest high street casualty, with its failure putting another 1,200 jobs at risk following the loss of 85,000 retail jobs in the past year. Its parent, Regis UK, appointed administrators in a decision that casts doubt over the future of its 220 salons and large workforce. …

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Deloitte: Promotions, free shipping most important to holiday shoppers

Holiday shoppers are looking for discounts and also for free shipping (even if they have to wait for it). That’s according to an annual survey by Deloitte on holiday spending, which found the majority consumers (81%) expect that promotions will influence them this holiday season — with price discounts (74%) and free shipping (72%) at …

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Leon Pieters, Deloitte, Retail News, ET Retail

Digitization will help mom and pop shops in the Indian retail space to enhance customer experience feels Leon Pieters, Global Consumer Product Lead at Deloitte. In a chat with ETRetail’s Varun Jain, Pieters spoke about the global retail scene and his understanding of the Indian retail market. Edited ExcerptsWhat trends do you see in the …

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Deloitte: Consumers seek control of personal data

Retailers who are transparent about their customer data policies have much to gain. According to the new Deloitte U.S. Consumer Data Privacy study from Deloitte, nearly half of U.S. consumers (47%) feel they have little to no control of their personal data, and one in three has been exposed to a data compromise. Perhaps it …

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