JORSS Retail Sale Tracker monitors sale performance of top retail companies in India. The collective sale has grown at a CAGR of 25% over last 12 years (FY09-FY20). Since number of monitored companies kept changing during this period a more fair look at last four years with stable company count shows sales have grown at higher CAGR of 32% (FY17-FY20) – a simultaneous period that saw ecommerce growing massively. The growth can be attributed to booming mall culture, aggressive store expansion in smaller cities, adoption of omnichannel, M&As, increased tech usage in retail business and deeper penetration of shopping culture in daily life of Indians. Tracker also shows Y-o-Y growth for better understanding.