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What Retailers Expect from Budget 2024

Consumption boost and inflation control emerge as the top two asks of industry representatives from the upcoming Interim Budget 2024New Delhi: On 1 February entrepreneurs across sectors, tax professionals and analysts among scores of individuals will be glued to...

Nuts n Spices, Bhima Jewels, Adyar Ananda Bhavan among those honoured at South India Retailer Awards 2023

Part of the Shopping Centres Next 2023, the award ceremony had several legacy and new players in the region’s retail eco-space being recognised for their innovation, offerings, service, shopping experiences and differentiation Bengaluru: Nuts n Spice, Bhima Jewels and DayMart were...

Indian fashion retailers to witness revenue growth of 10% in FY24: Report

Following a 51% YoY (year-over-year) revenue growth in the fiscal year 2023, the fashion retail industry is anticipated to experience a slowdown in the current fiscal year due to inflationary pressures, according to ICRA Bengaluru: Demand pressures and inflationary headwinds are...

Arvind Ltd Q4 net profit grows 12.7% to Rs 97 crore

The company's revenue from operations was down 14.4% to Rs 1,880.76 crore from 2,197.04 crore in the corresponding period of the previous fiscalNew Delhi: Leading textile manufacturer Arvind Ltd on Thursday reported a 12.7 per cent increase in its...

Rollercoaster ride of four retail industry IPOs

These companies created a lot of hype when they listed on the bourses. But soon broke the hearts and banks of those who invested in them…  By Abhisar Narula New Delhi: Initial Public Offerings (IPOs) have been attracting a lot of investor...

Dun & Bradstreet India aligns with ONDC to help MSMEs

Dun & Bradstreet will help MSMEs get onboarded on to ONDC, expand access to global markets, find potential customers, and identify growth opportunities Bengaluru: Business consultancy firm Dun & Bradstreet India announced that it is supporting ONDC (open network for digital commerce) to help...

E-commerce company Combonation takes the franchise route to expansion

The company has decided to accelerate its expansion with the help of the franchise-owned company-operated (FOCO) model Bengaluru: Combonation, a combo deal e-commerce platform has decided to adopt a franchise business model and is inviting franchisees to join its expansion. The company...

Making it click with the Gen Z

Amit Srivastava, CEO, Smollan India on keeping up with Generation Z shoppers who are smart, determined, picky, spoilt for choice, and will soon have immense buying powerAmit SrivastavaMillennials may have dominated the global population over the past few years,...

Acquisition of V Retail will strengthen Reliance Retail’s foothold in the segment, said GlobalData

The acquisition of V Retail will enable Reliance Retail to tap the growing footwear market in IndiaBengaluru: Reliance Retail has acquired V Retail Pvt Ltd., a South Indian footwear and apparel retailer that operates a chain of retail stores under...

BlueStone celebrates the milestone of opening its 150th store

The brand strengthened its retail presence with the launch of its 150th store at Dimapur, Nagaland Bengaluru: Jewellery brand BlueStone celebrates the milestone of operating 150 retail showrooms with the launch of a new outlet at Dimapur, Nagaland, the brand said in a...

Are retailers worried about a resurgence of the pandemic?

While the world fears an encore, we asked key representatives of Indian retail if they were worried about the reappearance of COVID-19. Their replies were not just surprising but heartening as well… By Shiv Joshi and Nehal Gautam  Mumbai: Just as people...

Ikea India introduces its first external click-and-collect point in Bengaluru

Situated at Electronic City the collection point is managed by its logistic partner GATI Bengaluru: Ikea India, the Indian arm of Swedish home furnishings major, launched its first External Collection Point for Click and Collect orders in Bengaluru’s Electronic City in...

Bigbasket goes omnichannel, opens supermart in Hyderabad

Spread across 5,000 sq ft, the online grocery retailer’s first store will have automated self-checkout By Anagha R Ratna Bengaluru: Bigbasket, an online grocery supermarket chain, has launched its first full-fledged supermarket in Hyderabad. This large format brick-and-mortar store is spread across...

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...

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Madras Mandi to open 20 new stores in Chennai

It is aiming for a presence in every neighbourhood and eventually expanding to tier 2 cities in the SouthBengaluru:...
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