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Stanley Lifestyles files initial papers with Sebi for IPO

The IPO comprises fresh issuance of equity shares worth Rs 200 crore and an OFS component of 91.33 lakh equity shares by the company's promotersNew Delhi: Furniture brand Stanley Lifestyles has filed its preliminary papers with capital markets regulator...

Consumers spent $6.4 billion on first day of Amazon Prime Day: Study

This represents a 5.96% growth year-over-year (YoY) for Amazon Prime Day in terms of sales New Delhi: Amazon.com Inc. generated a sale of $6.4 billion on the first day of its flagship shopping event ‘Prime Day’ in the US, according...

Mensa Brands brings home décor brand Folkulture to India

Mensa Brands acquired Folkulture in 2021 and it has grown 150% since then Bengaluru: E-commerce aggregator platform Mensa Brands has launched home décor and kitchenware brand Folkulture in the Indian market, the company said in a press release on Tuesday. “This is...

Retailers witness 7% sales growth in May 2023: Report

Retail businesses across regions have indicated growth in sales compared to May 2022 sales level with East India signalling growth of 8%, while South India and West India indicate a growth of 7% and 6% respectively followed by North...

WoodenStreet opens 10th store in Delhi NCR

WoodenStreet has invested around Rs 2-3 crore in the 4000 sq. ft. store and it currently has over 100 experience stores across IndiaNew Delhi: Furniture brand WoodenStreet has opened its 10th store in the national capital region (NCR) at South Extension,...

Singapore’s HomesToLife opens its first store in India

HomesToLife, a Singapore-based furniture brand, has entered India with a store at Mumbai’s Phoenix Market City mallMumbai: HomesToLife, a Singapore-based premium furniture firm, has launched its first retail outlet in India. The 7,500 sq. ft. is locatedat Mumbai’s Phoenix Market...

Online furniture brand WoodenStreet enters Himachal Pradesh with a store in Shimla

The company plans to open more stores in Himachal Pradesh as part of its expansion to tier-2 and tier-3 citiesNew Delhi: E-commerce furniture brand WoodenStreet has forayed into Himachal Pradesh by opening its first store in Shimla. The new studio...

Retail businesses report 19% growth in sales in October 2022 vis-a-vis pre-pandemic period: RAI Survey

Consumer durables and electronics (CDIT) and quick service restaurants (QSR) emerged as the best performing categories with a growth of 38% and 33% respectively, compared to sales levels in October 2019New Delhi:  Retail sales in India was up 19%...

Address Home to open 50 stores by FY18: Founder, Rajat Sanghi

Luxury home decor brand, Address Home foresees great potential for growth in the furnishing segment in India. And why not! With the current size of the furnishing and home decor market in India at Rs 10,000 crore and a...

Furniture goes hyperlocal, but is it built to last?

In the past two years, several online startups, in multiple categories, have warmed up to the unique advantage of delivering products from a neighbourhood store, thereby making asset-light businesses that deliver goods instantly to consumers. While some categories have...
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Hong’s kitchen opens new outlet at Delhi’s Rohini

Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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