retail industry updates

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...

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...

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...

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...

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...

The funding was led by Unilever Ventures and supported by notable angel investors such as Dr Vaidya’s co-founder Arjun Vaidya. New Delhi: Udaipur-based skincare brand Skininspired has raised $1.5 million (Rs 12.25 crore) in seed funding, a release by the company...

With the new unit, the company aims to triple the production capacity to 3 million units a year. New Delhi: New Delhi-based footwear brand Egoss has acquired a new production unit at Agra, a release by the company said on...

The two companies introduced platform fees last year, initially at Rs 2 per order, which has been increased graduallyNew Delhi: Food delivery firm Zomato has hiked the platform fee to Rs 6 from Rs 5 per order in Delhi,...

The report said co-branded credit cards are gaining momentum. "Emerging methods such as buy now, pay later (BNPL)New Delhi: With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030...

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...