retail industry latest updates
Consumer Durables & IT
Toshiba Group to invest 10 bn Japanese yen in India to expand capacity
PTI -
Toshiba Group has positioned power T&D as a focused business and will invest about JPY 10 billion (over Rs 500 crore) in TTDI to expand its capacity.New Delhi: Toshiba Group said it will invest 10 billion Japanese yen (over...
Fashion & Lifestyle
India’s 1st Foot Locker store to open in Nexus Select CityWalk, Delhi
The store, which will be based on the ‘Store of the future’ concept is currently under fit-outs
Mumbai: New York-based athletic shoes and apparel retailer Foot Locker’s first store in India will open at Nexus Select CityWalk located at Saket...
Finance & Funding
Retail tech small format grocery chain Frendy raises Rs 2 cr
The capital raised will be used to fund its central inventory needs to feed its network of Frendy Marts & Micro Kiranas in Tier 3+ towns of Gujarat.
New Delhi: Ahmedabad-based tech-enabled small format grocery chain Frendy has raised Rs 2...
Fashion & Lifestyle
Bata India aims expansion, to prioritise top 6 brands
PTI -
The company's retail network now spans over 1,850 stores, including over 500 franchise stores, and 650 plus sneaker studios.New Delhi: Bata India is set to expand its footprint and increase same-store sales growth by prioritising its "top six brands."In...
Fashion & Lifestyle
Pepe Jeans eyes smart technology solutions to improve CX: Satish Karunakaran
Satish Karunakaran, Director, Transformation sheds light on the denim brand’s future tech implementations, approaches to data handling, security initiatives, and more…New Delhi: With over 20 years of experience, Satish Karunakaran has spearheaded transformative initiatives in Supply Chain and Operations...
FMCG
Jamshyd N Godrej, Smita Crishna, others buy stake in Godrej Consumer for Rs 1,645 cr
PTI -
The shares were picked up at an average price of Rs 1,443.90 apiece, taking the transaction value to Rs 1,645.01 croreNew Delhi: The families of Jamshyd Naoroji Godrej and Smita Godrej Crishna bought a 1.11% stake in Godrej Consumer...
In Focus
How will tech investments in retail turnout for 2024?
60% of industry professionals say investments in tech will increase in the remainder of the calendar year 2024
IndiaRetailing Insights: Technology investments in the retail sector will increase in the coming months according to a poll conducted by IndiaRetailing. About...
FMCG
Expects consumption uptick in FY25; power brand to drive growth: Dabur Chairman
PTI -
Dabur expects an improvement in rural consumption, where it will continue to expand its footprint, while for urban markets.New Delhi: FMCG maker Dabur India is optimistic of a gradual uptick in consumption this fiscal and expects its power brands...
Food & Beverage
D-Mart’s Q1 net profit rises 17.5% to Rs 774 cr, sales up 18.5% to Rs 14,069.14 cr
PTI -
The company had posted a net profit of Rs 658.71 crore in the April-June period a year agoNew Delhi: Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported an increase of 17.45% in consolidated...
Fashion & Lifestyle
D2C brand Beyoung to go international with the first store in Dubai
The brand is focusing on increasing its presence in the Middle East and achieving a GMV of Rs 650 crore by 2027
New Delhi: Udaipur-based D2C fashion brand Beyoung plans to go international with its first store opening in Dubai,...
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Latest News
Twenty1 Foodcourt’s first outlet in Raipur to open on Saturday
The first food court, which will be in Colors Mall, Pachpedi Naka, Raipur, will open on 27 July
New Delhi:...
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