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Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C brands and retailersIndiaRetailing Insights: Retail store expansion in India in the fourth quarter (Q4) of the financial year (FY) 2023-2024...

New-age fashion brands should focus on value creation, not valuation: Vineet Gautam, Bestseller India

Bestseller India CEO Vineet Gautam on the changing trends in fashion retail, the company’s digital transformation and industry-wide slowdown… New Delhi: Vineet Gautam is the India chief executive officer for Danish fashion and lifestyle group Bestseller, overseeing a gamut of...

Consumer commission imposes Rs 35,000 fine on Amazon, retailer

The commission has also directed Amazon to provide a foolproof and transparent grievance redressal mechanism to customersNew Delhi: Observing that Amazon does not have an appropriate grievance redressal mechanism and has "one-sided oppressive" sale terms, a consumer commission here...

Solutions to Shrinkage: Retail’s biggest pain

New-age technology solutions give the control back in the hands of retailers helping them reduce shrinkage and curb losses New Delhi: Retailers today find shrinkage or theft the biggest challenge followed by resourcing and an unsafe operating environment. A recent...

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...

What retailers are looking forward to in 2024

Industry leaders spanning fashion and lifestyle to home furnishing share their expectations and strategic plans for the year 2024 Bengaluru: In 2024, Indian retailers are foreseeing an expansion across various dimensions, including revenue, sales, product offerings, physical footprint, technological advancements, and...

Retailers report only 7% y-o-y growth in Oct, Nov sales 

Most retailers have indicated that the footfalls were not even equal to 2022 though the sales were just about the same as the previous year New Delhi: The retail sales in October & November 2023 showed a growth of 7%...

The Green Revolution in Retail

A look at the different initiatives taken by players in the retail ecosystem to reduce their carbon footprint New Delhi: The retail industry accounts for over 25% of carbon emissions with a majority of this occurring in the retail value...

E-commerce enabler, Unicommerce processed over 70 million order items during festive season

10 sellers successfully processed over a million order items, while more than 100 sellers processed over 1 lakh order items through the Unicommerce platform during the festive season New Delhi: E-commerce enablement platform, Unicommerce has reported a 43% rise in...

Retail industry body NRF releases principles for AI Governance

The new principle aims to bring transparency and accountability to employers and employees in the retail industryNew Delhi: The National Retail Federation, the apex body for retail in the US, has released its principles for the use of Artificial...
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Stanley Lifestyles IPO subscribed 1.43 times on day 1 of offer

The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE dataNew Delhi:...
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