The retail sector is facing challenges like never before and one of the major bottlenecks has been attracting and retaining skilled, career staff. In fact, the retail industry in India is competing with other high growth sectors for skilled recruits – recruits who won’t simply stand in a store and sell, but who will also get involved with and contribute towards taking business forward. This demand for highly professional, skilled and trained employees has made ‘Retail Education’ a necessity in India. In the October edition of IMAGES Retail, we take a look on the Retail Education and how it trains the employees for greater success and productivity.
With retailers demanding skilled workers and retail moving forward at a fast pace, it is no wonder then that India fascinated with foreign brands – something which is no secret, but the wheel has now turned a full circle. With India poised to become the third largest economy in the world by 2025, it is foreign brands that are chasing Indian consumers, not the other way around. In a special feature titled ‘Global Retailers in India: Moves, Leaps & Hurdles’, IMAGES Retail analyses the chief drivers of growth of all major foreign brands in the country.
The October edition also brings you an exclusive interaction with three industry stalwarts, Samir Modi, Managing Director, Modi Enterprises; JP Shukla, co-Founder and CEO of 1-India Family Mart and Falguni Nayar, Founder & CEO, Nykaa.com who talk about their brands, and how they are working towards revolutionising retail shopping and consumer experience in not just Tier I India, but Tier II, III & IV as well.
Last but not the least, the issue brings you a roundup of the retail industry’s most prestigious awards ceremonies – IMAGES Retail Awards (IRA) and IMAGES Retail Technology Awards (IRTA). We thank retailers, brands and industry experts for being a part of the awards function held in Mumbai last month, congratulate the awardees and thank participantsfor creating a powerful, collaborative atmosphere at the event.
As always, we hope you find the issue informed and beneficial. Do log on to our website, www.indiaretailing.com to read more informative articles and analyses on the stage of the global retail industry with an emphasis on India.