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Home Latest News

Retail Brands shine at India Retail Excellence Awards

by Editor
September 12, 2024
in Latest News
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Retail Brands shine at India Retail Excellence Awards

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Retail Brands, Retailers and Entrepreneurs shone like diamonds at the recently held India Retail Excellence Awards.

The award ceremony was the concluding part of the Chennai Retail Summit, an annual conference that brings together retailers, stakeholders and retail enthusiasts alike.

The Chennai Retail Summit 2024, the annual edition of the day-long conference was held on 28th Aug. ’24 at the ITC Grand Chola Hotel in Chennai.

Organised by Retailers Association of India, the event witnessed over 300+ participants from various walks of life.

Centred on the theme “Changing World of Retail”, the conference provided an engaging platform for retail executives and service providers to explore emerging trends, share insights, and refine strategies in an ever-evolving retail landscape.

Kumar Rajagopalan, Chief Executive Officer, Retailers Association of India (RAI), said, “Chennai Retail Summit highlights the strength of Chennai as a market that was one of the earliest adopters of the chain store model in India. Retailers from the region —across Tier 1 to Tier 3—have successfully navigated the complexities of modern retail while staying true to their cultural roots.

In an industry marked by critical shifts such as time poverty and the growing demand for hyperlocal solutions, the region’s ability to retain tradition while embracing modernisation sets it apart. As consumers increasingly prioritise convenience and personalized experiences, retailers must pivot their strategies to meet these evolving needs.

The ability to adapt quickly and innovate in response to these changes is what will define success in this dynamic market.”

The Chennai Retail Summit 2024 once again underscored RAI’s commitment to supporting the growth and advancement of the retail sector, offering a vibrant forum for industry leaders to collaborate, innovate, and drive the future of retail in India.

C K Kumaravel, Co-Founder & CMD, Naturals Salon, said, “The future of retail lies in the ability to innovate using technology while staying true to your brand’s core values. In the beauty and wellness sector, this means continuously evolving our services to meet the changing needs of our customers while maintaining the essence of what makes us unique. The key is to listen, adapt, and always put the customer first.”

Winners of the India Retail Excellence Awards include –

Best Retailer of the Year APPAREL & LIFESTYLE – Kids Wear Kings Young

Best Retailer of the Year APPAREL & LIFESTYLE – Ladies Ethnic Wear Opus Fashion Pvt. Ltd (Maybell)

Best Retailer of the Year APPAREL & LIFESTYLE – Sundari Silks and Lucky Silks Retail Pvt. Ltd.

Best Retailer of the Year BEAUTY & WELLNESS Vijaya Optical House and Page3 Salon Pvt. Ltd.

Best Retailer of the Year SPECIALITY RETAIL Autofocus

Best Retailer of the Year D2C Sweet Karam Coffee India Pvt. Ltd.

Best Retailer of the Year FOOD & GENERAL RETAIL (Large Format) Kanchi Super Market

Best Retailer of the Year JEWELLERY – Gold AVR Swarnamahal Jewelry Ltd.

Best Retailer of the Year JEWELLERY – Diamond Wondr Diamond

Best Retailer of the Year FOOTWEAR – Koblerr Footwear & Accessories Pvt. Ltd.

Best Retailer of the Year HOME DECOR / HOME IMPROVEMENT Woodpecker

Best Retailer of the Year RESTAURANT & QSR – Bon Fresh Foods Pvt. Ltd. (Chai Kings) and Milkyway Ice Cream

Best Retailer of the Year SPECIALITY RETAIL Zimson Times Pvt. Ltd.

Best Retailer of the Year FOOD & GENERAL RETAIL (Small Format) Bestmummy Sweet N Cakes and  Browntree Retail Pvt. Ltd

Best Retailer of the Year CONSUMER DURABLES & IT (CDIT) – Innokaiz India Limited and Priyadarshini Mobiles

Retailers Association of India (RAI) is the unified voice of Indian retailers. RAI works with all stakeholders to create the right environment for the growth of the modern retail industry in India.

It is a strong advocate for retailing in India and works with all levels of government and stakeholders to support employment growth and career opportunities in retail, promote and sustain retail investments in communities from coast to coast, and enhance consumer choice and industry competitiveness.

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