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Scorching heat in May kept people indoors in Delhi NCR, affecting footfalls at retail hotspots

While both malls and high streets experienced a drop in footfall when the heat was at its peak, malls fared relatively better than high streetsIndiaRetailing Insights: As the heatwave scorched the national capital region (NCR) in the last week...

Mission Chandrayaan-3: 5 Learnings for retailers

India created history by successfully landing Chandrayaan-3 on the moon’s South Pole. Here’s what retailers can learn from the milestone missionMumbai: At 5.28 pm (IST) on 23 August all eyes across the world were set on millions of screens—from...

Heating appliances witness 33% growth: Flipkart

Consumers are now opting for smart features such as auto-cut capability, dehumidifiers and cloth hangers on room heaters over conventional ones New Delhi: As the winter season sets in, India witnesses an increase in the sales of heating appliances, according to...

Jewellery retailers to outpace industry growth: ICRA

Organised jewellery retailers’ revenue likely to grow by 20% year-on-year in the financial year 2023 and by 10% year-on-year in the financial year 2024New Delhi: Organised jewellery retailers in India may continue to outpace the industry over the medium term on...

UpScalio lays off 15% of its employees

The brand claims that the layoff is a standard part of its annual employee appraisal process and not an effort to downsize New Delhi: E-commerce roll-up firm UpScalio let go of its staff as per industry reports. Confirming the news, the...

UpScalio: Helping e-commerce startups scale

CEO and co-founder of e-commerce roll-up UpScalio Gautam Kshatriya explains how his company acquires startups and then nurtures them to grow New Delhi: The rollup e-commerce wave has hit India in the recent years. The space, where small firms are...

Alia Bhatt’s Ed-a-Mamma: Story telling and Sustainability at its core

How Alia Bhatt’s kids wear brand Ed-a-Mamma is using content to steer the future generations towards sustainability. Excerpts from an email interview with business head Iffat Haider Jivan…By N Bobo MeiteiNew Delhi: Ed-a-Mamma is a sustainable kids wear brand...

Is the e-commerce industry ready for the crypto revolution?

There are several factors to consider when evaluating the readiness of the e-commerce industry for the adoption of cryptocurrenciesBy Prayag SinghThe e-commerce industry has come a long way since the early days of the internet, and it has continued...

Bigbasket, Flipkart and Urban Company have fair working conditions for gig workers, finds study

Bigbasket, Flipkart and Urban company got high ratings in four out of five criteria that contribute to a conducive work environment for gig workers as per a Fairwork reportBengaluru: Bigbasket, Flipkart and Urban Company meet most of the key...

RAI retail business survey indicates spike in jewellery and footwear sales; could be attributed to wedding season

The eastern and western parts of India witnessed a growth of 17% in November 2022, while north and south India saw a 13% growth, the Retail Business Survey by the Retailers Association of India revealed Mumbai: The 34th edition of...

Inflation for FMCG segment cooling down, volume from rural markets going to improve, says ITC CMD

ITC Chairman Sanjiv Puri said volume growth from rural markets is going to be better as the inflationary pressure on the FMCG calms down New Delhi: Inflationary pressure on the FMCG segment is "cooling off a little" and volume growth...

Impulse grocery: What convenience stores in India are doing wrong

Leaders from convenience store formats discuss strategies for getting impulse grocery right at India Food Forum 2022 Mumbai: Panelists in a session in India Food Forum 2022 said the convenience store segment is growing rapidly in India primarily driven by...

The biggest challenge was to convince customers to buy plants online’: Annu Grover, Founder & CEO, Nurturing Green

Annu Grover, Founder and CEO of Nurturing Green had to first plant the seed to change the perception of buyers about gifting and buying plants online before he could enjoy the sweet fruits of success.Nurturing Green started in 2009...

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Zepto achieves 120% revenue growth in FY24, reports strong financial performance

Zepto reduced its absolute losses, with PAT as a percentage of revenue improving significantly from -63% in FY23 to...
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