retail news India
Fashion & Lifestyle
Virgio forays into offline retail, opens first store in Bengaluru
The outlet is located at M5 ECity Mall, Electronic City Phase II, South BengaluruBengaluru: Homegrown fashion brand Virgio has ventured into offline retail space with the launch of its first-ever store in Bengaluru, the company said in a press...
Food
Retail inflation eases to 4-month low of 5.22% in Dec: Govt data
PTI -
The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023New Delhi: Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 per...
E-Commerce
FHRAI raises concerns over Zomato, Swiggy’s “private label” food delivery foray
PTI -
According to FHRAI, Zomato and Swiggy are now using their market dominance to directly compete with the very businesses they were meant to supportNew Delhi: The Federation of Hotel & Restaurant Associations of India (FHRAI) on Monday expressed "serious...
Latest News
India ranks 3rd globally in fintech funding despite 33% lower infusion in 2024: Report
PTI -
The sector witnessed a decline in funding, driven by a broader slowdown in demand and geopolitical headwindsNew Delhi: India ranked third globally in terms of funding received in the fintech segment despite a decline of 33 per cent on...
Payments
The future of digital wallets in India’s retail ecosystem
The rapid adoption of digital wallets in India is revolutionising shopping, transactions, and financial management, driving a major shift toward a cashless economyDigital wallets have transformed the way people in India shop and transact. As more consumers embrace cashless...
Latest News
Landmark Group’s Lifestyle hits 125 store milestone in India
PTI -
Located at Phoenix Palladium Mall, the latest store is the 10th outlet of the company in Mumbai, and 28th in the western regionBengaluru: Landmark Group’s department store chain Lifestyle is continuing its expansion spree and has launched its 125th...
Latest News
D-Mart appoints Anshul Asawa as CEO designate; Neville Noronha to step down in Jan 2026
PTI -
Asawa currently serves as Country Head of Unilever in Thailand and General Manager for the Home Care business unit in Greater AsiaNew Delhi: Avenue Supermarts, which owns and operates the retail chain D-Mart, has announced a top-level management reshuffle...
FMCG
HUL incorporates new subsidiary Kwality Wall’s for ice cream biz
PTI -
HUL will own 100 per cent of the issued and subscribed share capital of Kwality WallNew Delhi: FMCG major HUL on Friday said it has incorporated a new subsidiary Kwality Wall's for the proposed demerger of the ice cream...
Latest News
D-Mart Q3 net profit rises 4.8% to Rs 723.5 crore
PTI -
The company had posted a net profit of Rs 690.41 crore a year agoNew Delhi: Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported a 4.8 per cent rise in its consolidated net profit...
Fashion & Lifestyle
The Souled Store to open first global store in the Middle East this year
Over the next three years, the D2C brand plans to open 3-5 offline stores across key markets in the Middle East
Bengaluru: The Souled Store, a homegrown direct-to-consumer (D2C) brand that specialises in pop-culture-inspired apparel and accessories, is planning to...
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D2C fashion brand Bewakoof opens first store in Pune
Located at Amanora Mall, the latest Bewakoof store offers a range of fashion essentials for men, women, and kidsBengaluru:Â ...
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