| | AUGUST 20204Being prepared for the unexpected is the best thing; but if not, then catching-up fast with the unexpected to sustain whilst grow is the next best thing. During the pandemic times, when almost every industry was hit, retail too suffered a setback. However, some retail shops akin to the kirana, medical and other emergency-related retail stores acted as the backbone of the country. On the other hand, as the lockdown is being lift gradually and companies & businesses opening up, e-Commerce companies including grocery ones were the early movers. They remained the much needed support system and ensured people acted responsibly and stayed home. But despite such measures, the global retail market is expected to decline from $21821.4 billion in 2019 to $21622.6 billion in 2020 at a CAGR of -1 percent. Thanks to the deadly impact of COVID that still makes the future so bleak. But then, the market is expected to recover soon in 2021, and grow at a CAGR of five percent from 2021 and reach $25111.2 billion in 2023. What will drive this growth is the foresightedness of the leaders who will frame innovative strategies to make the growth a reality. On the other hand, looking at the growing market size, the retail industry is continuing to witness new startups that operate through innovative means. Featuring some of such leaders and startups from the retail industry is our current edition of CEO Insights Magazine's `Top 10 CEOs in Retail ­ 2020' and `Top 10 Retail Startups ­ 2020'. The featured companies have always walked through uncharted waters via the road less travelled, which ensures their success and growth while bringing more sustainability into the industry. Read to know more about them.Do let us know what you think! Anamika SahuManaging Editoreditor@ceoinsightsindia.comEditorialThe Industry with a Silver Lining Vol 03 · Issue 4 - 1 · August, 2020 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Editorial Ananth.V Srrayvinya OLM Sujith Vasudevan Susila Govindaraj Group Art DirectorAshok KumarAdvertising ManagersAshu Sethi Shivam AgarwalNoidaRohit Raghubanshi Garima Anand advertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comCover price is Rs.150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of BizprintMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2020 BizprintMedia Technologies Pvt Ltd, All rights reserved. Repro-duction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsi-bility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accord-ingly, no liability is assumed by the publisher. Design Manjunath S SivasankarVP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal
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