Tag Retail

India, 25th October 2024: As a step towards strengthening the brand’s retail footprint across the country, ASUS India, Taiwanese tech giant today announced the launch of a select store in Chennai. The Select Store extends a touchpoint to the residents of Chennai to explore and purchase refurbished ASUS technology that has been thoroughly tested and backed by a 1-year warranty at discounted rates.

The new store spread across 300 sq. ft. is an endeavor by the brand to contribute towards strengthening the e-waste circular economy and institutionalizing the refurbished PC market in the country. The showcased products have undergone a rigorous, multi-check inspection that comprises an exhaustive process of testing, meticulous restoration, and ASUS certification, thereby ensuring their compliance with standards akin to those of brand-new products.

Commenting on the launch of the store, Arnold Su, Vice President of the Gaming and Consumer Segment at ASUS India, shared, “Our select stores reflect two core principles of ASUS: a strong retail footprint and a commitment to sustainability across the PC sector. To reinforce this mission, I’m excited to share that we are opening our sixth ASUS Select Store in the dynamic city of Chennai.”

“We’ve seen a rising interest in pre-loved PCs in Tamil Nadu over the past few years, and opening our Select Store in the state is our way of addressing this demand. Our Select Stores are crucial for promoting sustainability and ensuring that customers have access to affordable options. “Added Arnold Su.

In addition to the recently launched Select Store in Chennai, Nagpur, Delhi, Mumbai, Kolkata and Hyderabad also boast of the presence of ASUS Select Stores. Chennai also houses 2 ASUS Exclusive Stores that are operational at key locations to allow potential customers to experience the products.

Bengaluru, July 24th, 2024: The Retailers Association of India (RAI) successfully held the second edition of the Bengaluru Retail Summit, a premier event that brought together the brightest minds and influential leaders from the retail industry. Held at the Sheraton Grand Bangalore, the summit emerged as a melting pot of transformative ideas, emerging trends, and invaluable networking opportunities. Against the vibrant backdrop of Bengaluru’s retail culture, it served as a pivotal platform for retailers and brands to engage in impactful discussions, collectively shaping the future of retail in India.

Speaking about the summit, Kumar Rajagopalan, CEO, Retailers Association of India (RAI), said, “India’s retail sector stands at the cusp of profound transformation. The dynamic discussions on strategies for retail success, the seamless integration of digital innovations, and the latest retail ideas have highlighted how industry leaders are navigating this constantly evolving market. Our focus on mastering the market and innovating is diverse. With a burgeoning middle class, expanding digital infrastructure, and strategic government initiatives, we anticipate a dynamic era of growth and innovation. These advancements position the retail sector as a pivotal driver of economic vitality and consumer empowerment in the years ahead.”

Highlights of the Bengaluru Retail Summit 2024 by RAI was the keynote address on ‘Revolutionize Retail with AI Everywhere’ by Ganesan V P, Consulting Business Leader for Retail, CPG, Travel, Transportation, Pharma & LS Industries – India South Asia, IBM.

The summit also hosted two stimulating Fireside Chats with Rajneet Kohli, CEO & Executive Director, Britannia Industries Ltd, and with Nirupa Shankar, Jt Managing Director, Brigade Group.

Expressing delight at the second edition of BRS, Rajneet Kohli, CEO & Executive Director, Britannia Industries Ltd said, “The future of retail lies in seamlessly blending technology with the human touch. Using data-driven insights to understand consumer preferences and deliver tailored experiences will drive growth and foster deeper customer loyalty.”

Hari Menon, Co-Founder & CEO, Bigbasket said, “The retail industry is at a pivotal point where digital transformation is crucial. Integrating online and offline channels is essential to meet evolving consumer demands. Innovation in logistics and personalized services will be the key drivers of future retail success.”

Karan Mehta, CEO, Easybuy, Landmark Group said, “Understanding and responding to diverse customer needs is more important than ever. By harnessing advanced analytics and staying ahead of emerging trends, retailers can create personalized and engaging shopping experiences, ensuring sustained growth and competitiveness.”

The summit witnessed captivating discussions on topics such as “Strategies for Retail Success: Navigating a Constantly Evolving Market” “Tech Adoption: Integrating Digital Innovations with Physical Presence” “Retail Technology: Powering Business, Enabling Growth” & “Mastering the Market: Transforming Insights into Growth Opportunities.”

industry leaders speaking at the summit included:

Johnson Verghese – Managing Director – Fossil Group India

Karan Mehta – CEO, Landmark Group

Rajneet Kohli – CEO & ED, Britannia Industries Ltd

V Muhammad Ali – CEO, Retail, Prestige Group

Manohar Chatlani – MD Retail India Pvt Ltd, Soch Apparels Pvt Ltd

Subhash Chandra – MD Sangeetha Mobiles

Mrunmay Mehta – CEO, WOW Skin Science

Ashim Ashok Patel, MD & CEO, i – TEK RFID

Hari Menon – Co-founder & CEO – Big Basket

Dr Shashank Sinha, CEO, Drolls India Pvt Ltd

Chandru Kalro, Managing Director, TTK Prestige

Chintan Mehta – Founder, Italian Colony

David R Stanley – Founder & Managing Director, Healux International Pvt. Ltd

Deepak Singh – Director & CEO Saturo Technologies

Sumit Jasoria, Co-Founder & CEO, NEWME

These thought leaders shared their insights on the latest trends, challenges, and opportunities within the retail sector, fostering a rich environment of knowledge exchange and collaboration. The event’s successful execution has set a benchmark for industry gatherings, reaffirming Bengaluru’s status as a central hub for retail excellence.

About RAI:

Retailers Association of India (RAI) is the unified voice of Indian retailers. RAI works with all the stakeholders for creating the right environment for the growth of the modern retail industry in India. It is a strong advocate for retailing in India and works with all levels of government and stakeholders to support employment growth and career opportunities in retail, promote and sustain retail investments in communities from coast to coast, and enhance consumer choice and industry competitiveness.

Hyderabad, April 25, 2024: The Retailers Association of India (RAI) hosted the third edition of the Hyderabad Retail Summit (HRS) on April 24, 2024 at the Hotel ITC Kohenur Hyderabad. HRS is a content-led platform for industry stakeholders across categories to come together to learn, connect, and engage in a common dialogue over issues relevant to retail in the region.

Speaking about the developments in the retail industry, Kumar Rajagopalan, CEO, of the Retailers Association of India (RAI), said, “The retail sector in Telangana has undergone a rapid transformation, spurred by a modernization wave that blends offline assurances with online convenience. At the heart of this evolution are our tech-savvy consumers, largely influenced by the region’s robust IT industry. These consumers are not just looking for products; they demand seamless integration of online accessibility and the reliability of offline retail experiences. This dynamic shift is pushing the retail industry towards a model that promises the best of both worlds, setting a benchmark for retail innovation across the nation

Delivering a special address at the Hyderabad Retail Summit 2024, Shri Jayesh Ranjan, Hon’ble Principal Secretary – Industries, Commerce and Information Technology, Government of Telangana, expressed, “Unless people show willingness and inclination to learn new things, the industry stagnates. One of the reasons why Hyderabad is one of the best cities to live in is because of the retailers. Hyderabad offers whatever a consumer requires like price points, variety – there is something for everyone here.”

Highlights of the Hyderabad Retail Summit (HRS) 2024 were the in-depth panel discussion on topics such as The Modern Retail Renaissance: Innovations And Consumer-Centric Strategies, Retail Revolutionised: The Technological Transformation, and Revolutionising The Indian Grocery Industry: Technology, Supply Chains, And Logistics.

Sharing valuable insights on these panels were some prominent faces of the retail industry in the region, namely Avnish Kumar – Managing Director, Neerus Ensembles; Gautam Gupta – MD & CEO, Paradise Food Court; P Jayakumar – CEO, Apollo Pharmacy; Taran Chhabra, Co-Founder, Neeman’s, Vikash Hisariya – Managing Director, Vishal Peripherals, among others.

“As the head of RAI’s Telangana Chapter and Managing Director of Neerus Ensembles, I am thrilled to witness the convergence of industry leaders at the Hyderabad Retail Summit. This summit serves as a pivotal platform for exploring and embracing new strategies tailored to evolving consumer behaviors. Our focus at RAI to connect, converse, collaborate, and catalyze is vividly brought to life here as we blend digital and physical retail landscapes, paving the way for a future where retail experiences are not only integrated but also deeply personalized to meet consumer expectations, ” said Avnish Kumar, Head of RAI’s Telangana Chapter, and Managing Director, Neerus Ensembles.

P Jayakumar, CEO, of Apollo Pharmacy, added, “Modern health care is revolutionizing by integrating technology with traditional services to offer an omni-channel experience. In Telangana, with over 800+ stores, including 24-hour outlets, and the Apollo 247 online platform, we provide a continuum of care that’s both convenient and reliable. Our services range from delivery of medicines, lab tests, doctor consultations, etc., ensuring quality care is always within reach. As we adapt to the modern retail landscape, our commitment to accessible healthcare remains unwavering, backed by the trust of our customers.”

Taran Chhabra, Co-Founder of Neeman’s added, “At the Hyderabad Retail Summit, we delved into the transformative role of technology in the footwear industry, particularly its potential to drive sustainability. This event highlights the critical need for integrating innovative technologies that not only enhance customer experiences but also promote environmental stewardship. As we continue to explore and adopt these advanced technologies, we are setting new standards for sustainability in footwear manufacturing, leading the industry towards a more responsible future.”

HRS 2024 is Presented by Ratnadeep Retail and Powered by National Mart. Platinum Partners included Neeru’s Ensembles and Amazon Pay; Retail Design Partner is 4D Experience, Associate Partners include Apollo Pharmacy, BillMade, Café Niloufer, and Donracks; Event Partners include Akrivia HCM, Intelisa, Amply, Entasis Global. Onebeat, Ravulapati TecHub, Archana Engineering, 24/7 HRM and Petra Rock; Mahendra Mithaiwala as Gifting Partners, TRRAIN as Charity Partner, STOrai as the Magazine Partner, Digital Magazine Partner – Replenish and RAI Global Linker as Networking Partner.