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Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C brands and retailersIndiaRetailing Insights: Retail store expansion in India in the fourth quarter (Q4) of the financial year (FY) 2023-2024...

Third Wave Coffee’s CEO Sushant Goel steps down, former KFC CEO Rajat Luthra to take charge

The appointment of Luthra will be effective from the first quarter of FY25New Delhi: Speciality coffee QSR chain Third Wave Coffee co-founder and chief executive officer Sushant Goel is stepping down and former chief executive officer KFC Rajat Luthra...

Retail Tracker: January witnesses 29% surge in new store launches

Among the newly opened stores, some brands fared well in January with opening multiple stores IndiaRetailing Insights: Retail store expansion in India in January went up 29% to 62 new outlets rolled out that month compared to December 2023 as...

KFC opens outlet in Majiwada, Thane

The outlet is located at Rustomjee Azziano, Majiwada, Thane, MaharashtraNew Delhi: Quick-service restaurant (QSR) chain KFC which specializes in American-style fried chicken has opened its latest outlet at Rustomjee Azziano, Majiwada in Thane, an official announced on social...

Retail Tracker: Store launches of December 2023

Among the newly opened stores, some brands fared well in December with opening multiple stores.IndiaRetailing Insights: December 2023 saw the opening of over 48 new stores in various parts of India according to the data from IndiaRetailing Insights.In terms...

Promoter entities of Sapphire Foods divests 5.9% stake for Rs 530 crore

Samara Capital Partners Fund II Ltd and Sapphire Foods Mauritius were the entities that sold the shares of Sapphire Foods India Ltd (SFIL)New Delhi: Two promoter entities of Sapphire Foods India on Monday pared a 5.9 per cent stake in...

The Indian QSR Spread

An overview of the quick service restaurants segment in IndiaThe Quick Service Restaurant (QSR) market in India is categorised based on cuisine (bakeries, burgers, ice cream, meat-based cuisines, pizza), outlet type (chained outlets, independent outlets), and location (Leisure,...

KFC launches 1000th store, plans to create 1 lakh jobs across India

The KFC 1000th store is operated and managed by an all-women team and marks the brand’s first restaurant in India with 100% table serviceNew Delhi: Fast food restaurant chain KFC has opened its 1000th store in India, a press...

Look who took home a trophy at 7th Pepsi IMAGES Food Service Awards

Revealing the names of food service players who were recognized for their excellence at the 7th Pepsi IMAGES Food Service Awards held in Mumbai as part of India Food Forum 2023 New Delhi: The 7th Pepsi IMAGES Food Service Awards, held...

Devyani International Q2 profit drops 37% to Rs 35.8 crore

The company's revenue from operations during the quarter was up 9.63 per cent to Rs 819.47 crore as against Rs 747.42 crore in the year-ago periodNew Delhi: Devyani International Ltd, a quick service restaurant (QSR) operator, on Tuesday reported...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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