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IKEA to shut down its store at Mumbai’s R-City Mall

The 72,000 sq. ft. city-centre store was opened in July 2022 and was among the first batch of relatively smaller format stores that IKEA opened in India as part of its larger omnichannel playNew Delhi: IKEA is shutting its...

Burger Singh to open 2 more outlets in Nagpur

Burger Singh already has two company-owned company-operated outlets in the cityNew Delhi: Homegrown burger chain Burger Singh has announced plans to open two more outlets at strategic locations across Nagpur in Maharashtra.The brand already has two company-owned company-operated (COCO)...

DMart’s Q4 net profit rises 7.8% to Rs 460 crore

DMart's revenue from operations was 20.57% higher at Rs 10,594.11 crore during the quarter under review as against Rs 8,786.45 crore in the corresponding quarter last fiscalNew Delhi: Avenue Supermarts Ltd, which owns and operates the retail chain DMart,...

Public procurement via GeM portal to cross Rs 2 lakh crore in FY23

Procurement of goods and services from government portal GeM is expected to cross Rs 2 lakh crore during this fiscal year on account of an increase in buying activities by different ministries and departments New Delhi: Procurement of goods and services...

Khadim continues its retail expansion in Maharashtra

Khadim is all set to open four new stores in Maharashtra in the second quarter of FY23New Delhi: Khadim India Ltd., the homegrown affordable fashion footwear and accessories brand is opening four new stores in Maharashtra during the first quarter...

Mega port projects to get cabinet nod today

Two mega port projects, to be built in Tamil Nadu and Maharashtra, are likely to get the cabinet's nod on Thursday. The initial investment in these projects will amount to a whopping Rs 15000 crore. They will be built...
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Emerging Tier- 2 retail hotspots in North India

The report from CBRE South Asia states that the total retail stock in 14 tier-2 cities stood at 29...
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