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Tag: model

Digital Is Turning Retail Into An On-Demand Model

To attract a new generation of shoppers, retailers are looking to redefine go-to-market strategies and reimagine the customer experience inside their physical store locations. To accomplish this, operational models need to be adapted quickly. Thriving and surviving amid the new norm of digital disruption is contingent on smart technologies in four key areas: building closer …

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Grocers must fix broken online model, report says

A shopper for Instacart studies her smart phone as she shops for a customer at Whole Foods in Denver. Cyrus McCrimmon | Denver Post | Getty Images For some American shoppers and grocers, it took a pandemic to push them online. As the coronavirus spread in the spring, some customers downloaded grocery shopping apps for the …

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Companies work on transforming to online, home delivery model, Retail News, ET Retail

KOLKATA|BENGALURU: Leading retailers, ecommerce firms and restaurants said they are bracing up for a surge in home deliveries and online sales for six months as consumers are unlikely to step out. Their plans include hiring delivery personnel, training existing store staff for ecommerce business and building more warehouses. Walmart-owned Flipkart is in the process of …

Companies work on transforming to online, home delivery model, Retail News, ET RetailRead More

Starbucks shifts to ‘to go’ model, will close some cafes, shorten hours

Starbucks is offering oat milk as a dairy-free option in the Midwest. Source: Starbucks If you need your Starbucks latte, be prepared to grab it to go. The Seattle-based coffee chain said it is taking increased procautions in its stores as more communities, and the federal government, call for increased levels of “social distancing” to …

Starbucks shifts to ‘to go’ model, will close some cafes, shorten hoursRead More

Right business model based on strong supply chain capabilities needed to succeed in kidswear

The size of Indian apparel market in 2019 is US$ 56.4 billion. It is expected to grow at a CAGR of 8 percent by FY 2025, reaching US$ 89.2 billion. Factors contributing to the growth include higher brand consciousness, increasing digitisation, greater purchasing power and increasing urbanisation. Within this enormous market lies the smaller, but …

Right business model based on strong supply chain capabilities needed to succeed in kidswearRead More

Walgreens launches new IT model to save costs

Walgreens Boots Alliance is turning to managed services to transform its global IT function. The drugstore giant is expanding a strategic partnership with IT services/solutions provider Tata Consultancy Services (TCS) to launch a new managed services-based operating model for IT run and operational services. Following a transitional period, TCS will provide managed services including application …

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How online meat delivery is changing the retailing model in India

The online meat selling start-ups have changed the way India buys meat. These firms sell custom cut, marinated and ready-to-cook meat products and are a boon for people sitting at home and wanting to enjoy a non-vegetarian meal without the hassle of cutting and cleaning. According to industry research, the size of India’s meat market …

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Paytm payments bank eyes small fin model, Retail News, ET Retail

BENGALURU: Paytm wants to convert its payments bank into a small finance bank as that will allow it to lend to its consumers and build a more profitable growth model, the firm’s founder and CEO Vijay Shekhar Sharma told TOI. This comes on the back of India Post Payments Bank waiting for the RBI approval …

Paytm payments bank eyes small fin model, Retail News, ET RetailRead More

J.C. Penney unveils new store model — complete with fitness classes

J.C. Penney wants to make its stores more fun and easier to shop. The 117-year-old department store retailer opened a revamped location at North East Mall in the Dallas suburb of Hurst, Texas, that features a totally reimagined format and a truncated name: Penney’s (which is how most people refer to it.)  Built around data and …

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CAIT seeks PM’s intervention in e-retailers alleged unethical business model, Retail News, ET Retail

New Delhi: The Confederation of All India Traders (CAIT) on Wednesday said it has sought Prime Minister Narendra Modi’s intervention in the issue of alleged unethical practice of online retailers, including Amazon and Flipkart. “CAIT today took the matter of unethical business practices of Amazon and Flipkart and other e-commerce companies to the court of …

CAIT seeks PM’s intervention in e-retailers alleged unethical business model, Retail News, ET RetailRead More