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India's retail industry to grow to $1.3 trillion by 2020: FICCI

The country's traditional retail industry is expected to grow at an average annual rate of five percent over the next year, while the organised retail is estimated to register a growth rate of around 25 percent during this period.

Social Media can be game changer in Indian retail: Study

Even as retail sales are still primarily being dominated by hypermarkets, supermarkets, and specialty stores, the influence of social media and Internet on offline purchasing is becoming increasingly important, acting as a complete ‘game changer’, a new study has revealed.

Fitch downgrades retailers to 'negative' as slowdown bites

Reflecting the general gloom in the economy, rating agency Fitch Monday downgraded the outlook for the domestic retail sector to "negative" from "stable".