Retail in the New Phygital Era
Arguably the Indian consumers have come of age – giving an unprecedented acceleration to the transformation process of the retail sector. This further creates new business opportunities in tune with consumer needs and expectations in this era of phygital retail. The change has been visible all through and so was witnessed at the recently concluded Phygital Retail Convention (PRC 2023) at the Jio Convention Center in Mumbai on May 12-13. PRC 2023.
The PRC theme – India: The Retail Megaverse, reflected well in the mood of this historic assemblage that talked of the immense promise of the world’s fifth largest economy and its most exciting retail marketplace.
Both in terms of numbers and reach, it was indeed a remarkable record of 300+ speakers, 1500 + attendees, 1000+ brands and companies and 100+ shopping centres participating and exhibiting – offering unmatched industry stories, insights and innovations in areas including e-commerce, marketing, merchandising, physical shops, supply chain, payments, and more.
The star attraction of the event was the felicitation of the Women Retail Icons of India highlighting growing number of women in entrepreneurship and leadership roles in India’s retail industry and the remarkable innovation they have brought to the table. How true that despite their diverse backgrounds and ethnicities, they all share a common passion for success and growth. And so, with pride, IMAGES Group recognizes and confers these well-deserved, well merited honours in the presence of India’s top retail leaders.
The June edition of IMAGES Retail is a tribute to these icons and testament to their stories and unique abilities, who made their presence and impact felt by taking their businesses to new heights. We thank the entire retail fraternity for being part of this grand congregation and making it a huge success.
As always, we hope you find the issue informative and useful. Log on to our website https://www.indiaretailing.com/ for more features, analysis and expert opinions from the retail industry.