Open Network Digital Commerce (ONDC) has expanded its pilot to 15 more cities. This comes at a time when it plans to begin operations next month. Snapdeal has also signed the onboarding agreement with the network and will debut on it next month. On Monday, ONDC expanded to Noida, Faridabad, Lucknow, Bijnor, Bhopal, Chhindwara, Kolkata, Pune, Chennai, Kannur, Thrissur, Udipi, Kanchipura, Pollachi, Mannar and Ramnathpuram.
Trent, the retailing chain of the Tata group, on Tuesday said it would invest more than Rs 100 crore (Rs 1 billion) over the next 2-3 years to increase the presence of its flagship retail chain outlet 'Westside' and hypermarket 'Star India Bazaar'.
The demands from retailers are fourfold: One, allow kiranas, general trade stores, supermarkets, hypermarkets, and wholesalers to operate every day of the week till 9 pm. Two, ensure uniform and regular opening of all categories of retail. Three, hassle-free movement of goods and employees, and four, lift bans on malls in states like Maharashtra.
Sales have picked up in the past few days for retailers in the apparel and consumer durables segments.
In the last few years, zero per cent financing has become quite attractive as consumers aspire to buy the latest products, especially in categories such as mobile phones and television sets.
Malls, retail stores are being hit by online sales and are struggling this festive season.
With the festive season underway, retailers in the online and the offline world need to prepare well to offer the best deals to consumers and earn trust.