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Retailers cut 52,000 jobs in 2023-24 amid weak demand: Reliance, Titan, Raymond

The retail segment is India's second largest employer after agriculture, but the combined workforce of 455,000 employees fell to 429,000 in 2023-24.

The weakening demand in the retail sector was because of inflation, interest rate increase, and job losses in startups and IT.(Representational Image/Pixabay)
Published on Aug 19, 2024 03:51 PM IST

Reliance Industries cut 11% workforce in 2023-24, retail segment sees most cuts

Reliance Industries cut its workforce by 11%, with Reliance Retail alone seeing 38,000 less employees at the end of FY 2023-24

The total number of employees in Reliance Industries was 347,000 in 2023-24, but was 389,000 in 2022-23. (ANI)
Updated on Aug 08, 2024 10:19 AM IST

Indian retail firms see rise in theft and inventory loss

It is highest in fashion, followed by gadgets like mobile phones, smartwatches & headphones where the risk-reward ratio is high due to small sizes & high values

The Delhi Aerocity — a commercial hub developed by GMR — is around 4km from terminals 2 and 3 and currently houses multiple hotels, retail stores, and food and beverage outlets.(HT Archive)
Published on Jun 15, 2024 07:25 PM IST

Interior design and décor trends in retail 2022

Retailers across the globe are focusing on creating more immersive and engaging interior environments for their customers, which includes designing spaces that are both visually appealing and user-friendly and using technology to enhance customer experience. Here are trends of retail interiors 2022

Interior design and décor trends in retail 2022 (Ksenia Chernaya)
Updated on Jun 30, 2022 09:14 AM IST
ByZarafshan Shiraz, Delhi
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