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  • Elan Group Appoints BENOY To Design First Luxury Mall Of Gurugram
    22 Feb 2024, rprealtyplus.com
    ​In the dynamic world of real estate, Elan Group has sparked tremendous excitement with its appointment of BENOY, a globally recognized architectural firm, to design the 1st Luxury Mall of Gurugram…
  • Jubilant Foodworks Ltd to open 250 outlets of Popeyes in the next 4 years
    22 Feb 2024, retail.economictimes.indiatimes.com
    ​Popeyes has recently entered Delhi by opening its first outlet at Omaxe Chowk Mall. This is the 33rd outlet of the brand and within a week, it plans to open 3 more outlets in Delhi/ NCR – Pacific Mall Jasola, Pacific Mall Faridabad, and DLF Epitome Gurgaon…
  • Flipkart looking to buy Reliance-backed Dunzo
    22 Feb 2024, retail.economictimes.indiatimes.com
    ​While talks are still ongoing, complexities surrounding Dunzo’s ownership structure have impeded the two parties from coming to an understanding over a deal, the report said…
  • Myntra appoints Venu Nair as chief of strategic partnerships and omni channel
    22 Feb 2024, retail.economictimes.indiatimes.com
    ​In his new role, Nair will help Myntra’s international brands portfolio, forging strategic alliances with renowned global brands, and overseeing the omni-channel strategy for brands on the platform. His appointment underscores Myntra’s commitment to further strengthening its position as the preferred strategic partner for top fashion, beauty, and lifestyle brands seeking to capitalize on India’s burgeoning market potential…
  • Yum restaurants India exits Devyani International; sells entire stake of Rs 871 crore
    22 Feb 2024, retail.economictimes.indiatimes.com
    ​According to the block deal data available on the National Stock Exchange (NSE), Yum Restaurants India offloaded 5,30,83,330 shares, amounting to its 4.4 per cent stake in Devyani International. The shares were offloaded at an average price of Rs 164.10 apiece, taking the transaction value to Rs 871 crore…
  • F&B Entrepreneurship Unveiled: Riyaaz Amlani’s Insights | Live from GIRS
    22 Feb 2024, retail.economictimes.indiatimes.com
    ​Join us for a candid exploration of the entrepreneurial journey in the F&B industry with Riyaaz Amlani, Founder & Managing Director of Impresario Entertainment & Hospitality. The session , discover valuable lessons learned and insights gained from Amlani’s experiences. Tune in for an engaging conversation that delves into the dynamic world of F&B entrepreneurship, offering inspiration and wisdom for aspiring business minds…
  • Empowering Women in Startups with Priyanka Gill | Live from GIRS
    22 Feb 2024, retail.economictimes.indiatimes.com
    ​Join Priyanka Gill, Venture Partner at Kalaari Capital, for a powerful discussion on empowering women entrepreneurs in the startup world. Gain insights and inspiration for breaking barriers and fostering diversity…
  • Growth Strategies with Samir K Modi, MD of Modi Enterprise | Live from GIRS
    22 Feb 2024, retail.economictimes.indiatimes.com
    ​Explore diversification and expansion tactics with Samir K Modi, MD of Modi Enterprises. Gain quick insights into how conglomerates drive success across diverse industries…
  • Marketing Revolution with Mahesh Narayanan, CMO of Netcore | Live from GIRS
    22 Feb 2024, retail.economictimes.indiatimes.com
    ​Join Mahesh Narayanan as he shares how Netcore empowers marketers and utilizes Gen AI. Discover future industry-shaping technologies and insights on ChatGPT as a game-changer. Dive into a real brand example showcasing Netcore’s transformative impact on customer experience…
  • Revolutionizing Fashion: Sunil Kataria, CEO of Raymond Lifestyle | Live from GIRS
    22 Feb 2024, retail.economictimes.indiatimes.com
    ​Explore the transformation of traditional brands in the fashion industry with Sunil Kataria, CEO of Raymond Lifestyle. Gain insights into innovative strategies that are reshaping the fashion landscape…
  • Entertainment segment leases 0.66 mn sq ft retail spaces last yr in top 7 cities: CBRE
    22 Feb 2024, retail.economictimes.indiatimes.com
    ​ There has been a 179 per cent annual surge in entertainment segment leasing of retail spaces across 7 Indian cities in 2023 to 0.66 million square feet, from 0.24 million square feet in the previous year, real estate consultant CBRE said in a statement on Tuesday…
  • Top 10 Retail Brands Like Charles & Keith in India
    22 Feb 2024, indianretailer.com
    ​In the realm of fashion-forward footwear and accessories, Charles & Keith has carved a niche for itself as an international brand renowned for its trendy designs and affordable prices…
  • Jungle Ventures Invests $20 mn in Walko Food for Ice Cream Expansion Strategy
    22 Feb 2024, indianretailer.com
    ​In a strategic move signaling sustained confidence in India’s burgeoning ice cream market, Singapore-based venture capital firm Jungle Ventures has injected an additional $20 million in growth funding into Walko Food, the country’s fastest-growing ice cream brand and leading quick-service restaurant (QSR) company…
  • Rentomojo Bags Rs 210 Cr Investment to Fuel Growth in India’s Furniture Rental Market
    22 Feb 2024, indianretailer.com
    ​In a strategic move to bolster its position in the rapidly evolving furniture and appliances rental sector in India, Rentomojo has successfully secured a significant investment of Rs 210 crore…
  • BSH’s Vision 2026: Doubling Growth, Shaping Lifestyles, Reveals Saif Khan, MD & CEO
    22 Feb 2024, irecwire.com
    ​Reshaping Siemens and fueled by localization, continuous innovation, and a commitment to shaping modern living, how BSH is setting sights on doubling growth by 2026..
  • Japanese-Pan Asian Restobar ‘Megumi’ Launches in Mumbai
    22 Feb 2024, indianretailer.com
    ​Megumi has opened its doors in Bandra, offering a lavish experience to locals. This unique establishment blends the intricacies of Japanese cuisine with the sophistication of fine dining…
  • abCoffee Opens 25 Outlets in 20 Months, Targets 150 PAN India by 2024
    22 Feb 2024, indianretailer.com
    ​abCoffee opens 25 outlets within a span of 20 months. All 25 outlets are company-owned and operated, showcasing remarkable expansion…
  • Lifestyle Brand Macroman M Series partners with Ace Designer Rohit Bal
    22 Feb 2024, indianretailer.com
    ​Lifestyle innerwear and leisurewear brand Macroman M Series proudly announced a ground-breaking partnership with ace designer Rohit Bal and launched MW Signature Collection…
  • Papa Don’t Preach Collaborates with Viacom18 to Launch Garfield Collection
    22 Feb 2024, indianretailer.com
    ​Viacom18 Consumer Products, the licensing and merchandising arm of Viacom18, has announced its first-ever collaboration with Papa Don’t Preach, an Indian luxury couture label, with a limited-edition Garfield collection of garments and accessories…
  • Shivakumara Arehalli Joins CBRE As Head Of Health, Safety & Environment
    21 Feb 2024, rprealtyplus.com
    ​CBRE South Asia Pvt. Ltd, India’s leading real estate consulting firm, announced the appointment of Shivakumara Arehalli as Head – Health, Safety & Environment for their PJM (Project Management) division in India…
  • Amazon set to launch Meesho competitor Bazaar in fight for value customers
    21 Feb 2024, retail.economictimes.indiatimes.com
    ​Amazon plans to wheel cart down value aisle, mirror Meesho model in fashion, lifestyle categories to tap value customers. It competes with Meesho, Flipkart’s Shopsy, and Reliance Industries’ Ajio Street, while also facing competition from Shein, Temu, and Pinduoduo in its home market…
  • Flipkart boosts Q4 international sales for Walmart
    21 Feb 2024, retail.economictimes.indiatimes.com
    ​Walmart’s international sales increased by 17.6% YoY to $32.4 billion, driven by Flipkart’s best Big Billion Days. Walmart aims to tap into new suppliers in India to meet its sourcing target of $10 billion worth of goods annually by 2027…
  • Yum Restaurants likely to sell entire 4.4% stake in Devyani International via block deals: Report
    21 Feb 2024, retail.economictimes.indiatimes.com
    ​Through the sale, Yum Restaurants plans to raise around Rs 815 crore, reports said. The floor price for the sale has been fixed at Rs 153.5 a share, which is at a discount of nearly 8% to the current price…
  • Turkish jewellery brand Zen Diamond plans to enter Indian market with stores in top metros
    21 Feb 2024, retail.economictimes.indiatimes.com
    ​The brand said that it also plans to establish stores in tier 1, tier 2, and tier 3 markets…
  • Global research firm Kantar predicts continued decline in demand for FMCG products in India
    21 Feb 2024, retail.economictimes.indiatimes.com
    ​Kantar, a global research firm, predicts a further decline in demand for daily groceries, essentials, and household products in India over the next few quarters. This projection extends the timeline for volume recovery in the fast-moving consumer goods (FMCG) industry, which experienced a slowdown in the December quarter…
  • Amazon starts delivery service in Uttarakhand’s remote village at 4,500 feet
    21 Feb 2024, retail.economictimes.indiatimes.com
    There are no shops or delivery options in and around the Ashram area. It is not only difficult but also time-consuming to deliver orders at this place, the company said…
  • Malabar Gold, Titan and 4 other Indian brands on global list of top-100 luxury goods makers
    21 Feb 2024, retail.economictimes.indiatimes.com
    ​Malabar Gold led the domestic contingent, claiming 19th rank as the top Indian international jewellery brand, followed by Tata group entity Titan Company which secured the 24th position…
  • Nestle’s RUrban strategy yielding result: Narayanan
    21 Feb 2024, financialexpress.com
    ​In 2021, Nestlé India declared that it would spread its reach to 120,000 villages by 2024 by sprucing up its rural distribution channels…
  • abCoffee Opens 25th Outlet, Expands Coffee Hubs Across India
    21 Feb 2024, retail.economictimes.indiatimes.com
    ​In a bold stride within the Indian retail landscape, abCoffee, the nation’s pioneering tech-enabled specialty coffee Quick Service Restaurant (QSR) chain, has achieved a remarkable feat – unveiling 25 decks in just 20 months…
  • ASUS Expands Offline Presence with Nashik’s First Hybrid Store
    21 Feb 2024, indianretailer.com
    ​ASUS India, a trailblazer in fostering online gaming communities, has unveiled its first Hybrid store in Nashik, marking a significant stride in the brand’s retail expansion across the country…
  • Rangita Embarks on Offline Journey Across Andhra Pradesh
    21 Feb 2024, retail.economictimes.indiatimes.com
    ​Rangita, a prominent direct-to-consumer (D2C) Indian fashion brand under Stellaro Brands, takes a strategic leap into offline retail with the inauguration of exclusive outlets in Visakhapatnam and Kakinada, Andhra Pradesh…
  • Flyrobe’s New Chapter Begins in Nashik
    21 Feb 2024, indianretailer.com
    ​Flyrobe has proudly inaugurated its latest retail venture in Nashik. This move signifies an exciting stride for the brand, extending its carefully curated assortment of designer ensembles to the style aficionados of the lively city…
  • Reach 3 Roads Complex Welcomes Zudio and Misbu in Retail Endeavors
    21 Feb 2024, retail.economictimes.indiatimes.com
    ​Zudio, a flagship brand under the Tata Group, and Misbu, a distinguished name in Fashion, Beauty, Accessories, and Decor, have strategically secured prime retail spaces at Reach 3 Roads, a sprawling open-air complex located in Sector 70, SPR Road, Gurgaon…
  • Jimmy Choo’s The Crystal Slipper Dazzles in the Global Luxury Arena!
    21 Feb 2024, indianretailer.com
    ​In the throes of a dazzling transformation, India’s luxury market is embracing a new era, fueled by cutting-edge technology and an unwavering commitment to sustainability…
  • Defination, Formulas and Examples
    21 Feb 2024, indianretailer.com
    ​The retail landscape is fiercely competitive, demanding meticulous management of finances and resources. Understanding retail math empowers you to navigate this dynamic environment, make informed decisions, and ultimately drive profit…
  • Why is it Important to Combine Responsible AI with Generative AI?
    21 Feb 2024, indianretailer.com
    ​Generative AI is a rapidly evolving field with the potential to revolutionize many aspects of our lives. From creating new forms of art and music to generating realistic images and text, generative AI systems like DALL-E 3 and GPT-4…
  • What is a Grocery Store
    21 Feb 2024, indianretailer.com
    ​Welcome to the fascinating world of grocery stores! These ubiquitous havens aren’t just simply places to get your weekly groceries; they’re intricately designed retail establishments catering to our daily needs and evolving cultural..
  • Most of Our Products are Built in India: Puneet Chandok of Microsoft India
    21 Feb 2024, indianretailer.com
    ​In a spirited discussion on AI and the retail industry, Puneet Chandok, President of Microsoft India and South Asia delved deeply into India’s role in transforming the world through Artificial Intelligence and technology enablement…
  • Perpule launches UltraPOS!
    21 Feb 2024, indianretailer.com
    ​PioneeringPerpule, an Omni-channel retail-tech company and announced the launch of its next-gen Point of Sale (POS) billing solution called UltraPOS…
  • Whirlpool set to sell 24% stake in Indian unit for up to $451 mln
    20 Feb 2024, retail.economictimes.indiatimes.com
    ​Whirlpool plans to sell the stake at Rs 1,230 per share, a 7.6% discount to Monday’s closing price. It aims to complete the deal by Wednesday. Goldman Sachs is advising Whirlpool on the deal, the term sheet showed. Goldman and Whirlpool did not immediately respond to requests for comment…
  • Max Fashion eyeing to reach over 550 stores mark this year
    20 Feb 2024, retail.economictimes.indiatimes.com
    ​On Monday, the company said it has opened its 500th store in Pune. Spread over 10,699 square feet across ground and plaza floors, the store showcases an array of fashionable apparel, footwear, accessories, and more, catering to every discerning taste…
  • FMCG companies to limit B2B sales to level field for distributors
    20 Feb 2024, retail.economictimes.indiatimes.com
    ​Leading consumer goods companies like Britannia, Dabur, Amul, and Parle are restricting sales to organized wholesalers like Flipkart Wholesale, Udaan, and Reliance Cash and Carry to avoid margin issues and cannibalization by traditional distributors. This helps them reach the vast network of kirana stores in India…
  • Quick-commerce firm Zepto introduces membership programme
    20 Feb 2024, retail.economictimes.indiatimes.com
    ​Zepto Pass is a membership program offering unlimited deliveries on orders over Rs 99 with up to 20% discounts. Zepto has become the second quick-commerce firm after Swiggy Instamart to offer subscription benefits…
  • Malabar Gold, Titan and 4 other Indian brands on global list of top-100 luxury goods makers
    20 Feb 2024, financialexpress.com
    ​Malabar Gold led the domestic contingent, claiming 19th rank as the top Indian international jewellery brand, followed by Tata group entity Titan Company which secured the 24th position…
  • ‘Lifestyle’ inflation beats essentials
    20 Feb 2024, retail.economictimes.indiatimes.com
    ​According to a report by Bank of Baroda’s economics department, from FY18 onwards, there has been an uptick in the lifestyle inflation rate. From 4% in FY18, it has inched up to 6.4% in FY23. During the same period, per capita gross national disposable income had a CAGR of 8.5%…
  • Big consumer gap: Mass mkt lags, premium soars
    20 Feb 2024, retail.economictimes.indiatimes.com
    ​Discretionary spending in India is divided between robust demand for premium brands and a sluggish mass market segment. High inflation impacts lower-income households. International travel, premium alcohol, beauty and personal care, and home improvement perform well. The FMCG sector struggles with low volume growth…
  • Max Fashion Celebrates Milestone with 500th Store in Pune
    20 Feb 2024, indianretailer.com
    ​Pioneering the global fashion landscape since its inception in 2006, Max Fashion marks a momentous occasion with the inauguration of its 500th store in Pune, India…
  • Shoppers Stop Unveils SSBeauty T2 Store at Bangalore Airport
    20 Feb 2024, indianretailer.com
    ​In a strategic move, Shoppers Stop, India’s premium fashion, beauty, and gifting omnichannel destination, reinforces its commitment to the beauty sector with the inauguration of its 11th store in India…
  • D’YAVOL Elevates Travel Retail Standards with Mumbai Airport Debut
    20 Feb 2024, indianretailer.com
    ​SLAB Ventures Netherlands and AB InBev India have proudly introduced D’YAVOL’s inaugural travel retail showcase at Chhatrapati Shivaji Maharaj International Airport, Mumbai…
  • Gauri Khan & Manish Malhotra Spill the Beans on Crafting Luxury with Bonito Designs!
    20 Feb 2024, indianretailer.com
    ​In the dazzling embrace of luxury and practicality, Gauri Khan, the celebrity interior designer, and Manish Malhotra, the fashion maestro, have woven their creative enchantment seamlessly into the essence of Bonito Designs…
  • Makoba Showcases Exquisite Montegrappa Gladiator Range
    20 Feb 2024, indianretailer.com
    ​In a distinctive venture, Makoba, the distinguished one-stop shop for all Premium Pens, introduces the Montegrappa Gladiator – an ultra-luxury, limited-edition writing instrument designed and crafted by Montegrappa in India…
  • Convenience stores
    20 Feb 2024, indianretailer.com
    ​Convenience stores, often affectionately called c-stores, are ubiquitous landmarks in our daily lives. These brightly lit beacons, strategically positioned on street corners and highway exits, offer a treasure trove of essential and unexpected items, catering to our need for instant gratification and everyday necessities…
  • Discount Store
    20 Feb 2024, indianretailer.com
    ​In today’s cost-conscious consumer landscape, discount stores emerge as havens for bargain hunters seeking quality products at attractive prices. But what exactly are they, how do they operate, and how can you strategically navigate…
  • Chain Stores: Definition, Strategies & Examples
    20 Feb 2024, indianretailer.com
    ​Prepare to enter the realm of retail giants, where convenience reigns and brands hold court. Chain stores, these ubiquitous players, have revolutionized how we shop…
  • VLCC Appoints Vikas Gupta as MD and Group CEO to Drive Strategic Growth
    20 Feb 2024, indianretailer.com
    ​In a significant leadership move, VLCC, the renowned beauty and skincare brand, has announced the elevation of its Group CEO, Vikas Gupta, to the role of Managing Director (MD) and Group CEO, effective immediately…
  • Specialty Stores: Definition, Strategy & Examples
    20 Feb 2024, indianretailer.com
    ​In today’s fast-paced retail landscape, where large corporations and online giants often dominate, specialty stores remain beacons of unique experiences and expert knowledge…
  • Maharashtra is the Startup Capital of India: Deputy CM Devendra Fadnavis
    20 Feb 2024, indianretailer.com
    ​Igniting the debate on the Mumbai versus Bengaluru startup ecosystem, Deputy Chief Minister Devendra Fadnavis, during Mumbai Tech Week, remarked that Maharashtra is the startup capital while Pune is the tech capital of the country…
  • Coach Elevates Realism Paradigm in ‘Find Your Courage’
    20 Feb 2024, indianretailer.com
    ​Coach has unveiled its groundbreaking campaign, “Find Your Courage,” featuring a virtual human, model, and digital creator imma alongside Coach Family members Lil Nas X, Camila Mendes, Youngji Lee, Kōki, and Wu Jinyan…
  • Basil Bags Rs 3.6 cr Seed Funding to Disrupt Indian Consumer Houseware Space
    20 Feb 2024, indianretailer.com
    ​Basil has successfully raised Rs 3.6 crore in seed funding. Co-led by IIMA Ventures and Appreciate Capital, with notable angel investors onboard, Basil aims to redefine traditional norms in the industry…
  • Afforest Green Beauty Disrupts Skincare Space with Jackfruit Innovation
    20 Feb 2024, indianretailer.com
    ​Bengaluru-based beauty brand Afforest Green Beauty has introduced India’s inaugural Jackfruit Skincare Range, marking a pivotal moment in the brand’s dedication to innovative skincare solutions rooted in exotic forest ingredients…
  • Beyoung Gains Strategic Investment from Abu Dhabi Royals for Global Retail Growth
    20 Feb 2024, indianretailer.com
    ​In a significant development, Beyoung, a prominent Indian D2C fashion brand, has secured a strategic investment from The Royal Office of Sheikh Tahnoon Bin Saeed Bin Tahnoon Al Nahyan…
  • Baking Bad & SUGGA Join Forces for Bandra Launch
    20 Feb 2024, indianretailer.com
    ​The concept of a cloud kitchen was born from the passion of long-time friends Arjun Jaiswal (Baking Bad) and Angad Malhotra (SUGGA), bridging the worlds of food and fashion…
  • McDonald’s India Redefines Value with the Introduction of McSaver Meals
    20 Feb 2024, indianretailer.com
    ​McDonald’s India West and South – owned and operated by Westlife Foodworld Ltd – has launched its new offering, McSaver Meals, priced starting at just Rs. 99 for customers in Gujarat, Madhya Pradesh and Chattisgarh and Rs. 149 for customers in other parts of West and South India…
  • Pernod Ricard India’s Sales Up 4% in H1 FY24
    20 Feb 2024, indianretailer.com
    ​Pernod Ricard is the French spirits manufacturer has announced a 4% increase in sales in India during the initial six months of the ongoing fiscal year…
  • PIJJA Brings Bold Italian-Indian Fusion to Bangalore
    20 Feb 2024, indianretailer.com
    ​PIJJA, a not-so-regular pizza destination has announced its arrival in Bangalore. It is located in the Indiranagar and is set to break the mould of conventional dining experiences by redefining the narrative of blending bold desi flavours and Italian proficiency…
  • “We want to Become Rs 1000 Cr Brand in 4+ years,” Gaurav Pande of Popeyes
    20 Feb 2024, indianretailer.com
    ​Why did you choose Chandni Chowk as a location, what is the reason behind it? It’s interesting. We launched our outlet in Bangalore in 2022 end, followed by Chennai last year. Obviously, what we stand for in every part we go is flavors. We stand for Cajun flavors…
  • Suba Group Introduces Click Hotel in Gujarat
    20 Feb 2024, indianretailer.com
    ​The launch of Click Hotel in Mundra, Gujarat marks another significant move for the SUBA Group of Hotels…
  • Vaibhav Gautam Joins Pride Plaza Hotel Aerocity as F&B Director
    20 Feb 2024, indianretailer.com
    ​Pride Plaza Hotel Aerocity, New Delhi has Introduced Mr. Vaibhav Gautam as Director of Food & Beverages. With a wealth of hospitality experience, Mr. Gautam is poised to elevate guest satisfaction at this premier luxury destination…
  • ‘Year of Growth and Expansion for Nature’s Basket’
    20 Feb 2024, indianretailer.com
    ​Nature’s Basket, a leading multi-format retailer under the RP Sanjiv Goenka Group, has inaugurated its third Nature’s Basket Artisan Pantry store, solidifying its position as a premium grocery destination in Mumbai…
  • DLF, Macrotech & Godrej Properties Among India’s Most Valuable Companies
    19 Feb 2024, rprealtyplus.com
    ​As many as 15 real estate companies, including DLF, Macrotech and Godrej Properties, figure in the list of India’s most valuable companies released by Axis Bank’s private banking unit Burgundy Private and Hurun India…
  • Pernod Ricard sales rise 4 per cent in Indian market in first half of FY24
    19 Feb 2024, retail.economictimes.indiatimes.com
    ​Moreover, a “strong growth” is expected in the second half (January to June 24) from India, which is the second largest market globally for Pernod Ricard after the US…
  • Stellaro brands goes offline with Rangita; plans to add 10 new stores
    19 Feb 2024, retail.economictimes.indiatimes.com
    ​Delving into the company’s strategy to expand in the Southern market, he said, “For the value market in India on a per capita basis, South is 2-3 times higher than other parts of the country. Further, he added for ethnic wear, there is no winter slowdown in the Southern market.”…
  • ET recognizes top performers in the retail industry at GIRA 2024
    19 Feb 2024, retail.economictimes.indiatimes.com
    ​From innovative campaigns to exceptional brands, the event celebrated the movers and shakers who continue to push the boundaries of excellence…
  • Great India Retail Summit 2024 wraps up with insights and vibrant discussions
    19 Feb 2024, retail.economictimes.indiatimes.com
    ​The event lived up to its promise, serving as a hub for prominent retail leaders, policymakers, industry experts, brand founders, MDs, CEOs, retail real estate developers, investors, technology innovators, and celebrity entrepreneurs. Together, they explored the evolving landscape of customer behavior and the dynamic challenges faced by the industry…
  • Consumer houseware startup Basil raises Rs 3.6 crore in seed funding
    19 Feb 2024, retail.economictimes.indiatimes.com
    ​Basil aims to reimagine homeware & kitchenware for Millennials and Gen Alpha. It looks to utilize the funds to bolster its direct-to-consumer (D2C) play, expand reach via e-commerce channels and expand product portfolio…
  • IndianSpaceMantra revises bid for Future Retail
    19 Feb 2024, financialexpress.com
    ​SpaceMantra, the only bidder in the resolution plan for Future Retail (FRL), has revised its earlier bid to avoid liquidation of the bankrupt firm…
  • Top Trends in Retail Space and Mall Development to Watch Out in 2024
    19 Feb 2024, indiaretailing.com
    ​The retail industry in India is experiencing an exceptional surge in demand and leasing activity, paving the way for robust growth and innovation in retail space and mall development…
  • IndianSpecialty Stores: Definition, Strategy & Examples
    19 Feb 2024, indianretailer.com
    ​In today’s fast-paced retail landscape, where large corporations and online giants often dominate, specialty stores remain beacons of unique experiences and expert knowledge. But what exactly are specialty stores? How do they operate, and what sets them apart from their bigger counterparts?..
  • Gaston Luga’s Entry Shifts Paradigms in Indian Lifestyle Retail
    19 Feb 2024, indianretailer.com
    ​In a strategic move to tap into the vibrant Indian retail landscape, Gaston Luga, the distinguished Swedish lifestyle brand celebrated for its stylish and utility-focused backpacks and accessories, is making its grand entrance…
  • Colorbar Unveils a New Era of Beauty Discovery with #FoundLoveAtColorbar
    19 Feb 2024, indianretailer.com
    ​In a captivating move within the Indian beauty retail landscape, Colorbar Cosmetics, a prominent beauty brand, unveils its latest campaign – #FoundLoveAtColorbar…
  • PIJJA Brings Bold Italian-Indian Fusion to Bangalore
    19 Feb 2024, indianretailer.com
    ​PIJJA, a not-so-regular pizza destination has announced its arrival in Bangalore. It is located in the Indiranagar and is set to break the mould of conventional dining experiences by redefining the narrative of blending bold desi flavours and Italian proficiency…
  • Sustainable Innovations in Indian Hospitality
    19 Feb 2024, indianretailer.com
    ​The Indian hospitality industry is currently undergoing a significant transformation with an increased emphasis on sustainability. According to UNWTO the hotel sector accounts for around 1 percent of global carbon emissions and this is set to increase…
  • Oberoi Realty To Develop JW Marriott Hotel in Thane & Borivali
    17 Feb 2024, rprealtyplus.com
    ​Oberoi Realty entered into an agreement with Marriott International, aimed at enriching luxury living experiences in the Mumbai Metropolitan Region…
  • Village Groupe Partners With Keydemand To Drive Leasing Initiatives In India
    17 Feb 2024, rprealtyplus.com
    ​In a significant move to capitalize on the burgeoning opportunities in the Indian real estate sector, Village Groupe, a distinctive Retail, F&B, and entertainment ecosystem, has strategically aligned itself with Keydemand as its preferred partner for supporting leasing initiatives across the country…
  • Prestige Estates Projects’ net profit up 1.86% in Q3 FY24
    17 Feb 2024, realty.economictimes.indiatimes.com
    ​Prestige Estates Projects’ net consolidated total income stood at Rs 1,970.50 crore in Q3 FY24, a dip of 16.06 per cent from Rs 2,347.50 crore it recorded in the similar quarter last year…
  • Trinity Infratech appoints Adil Altaf as Managing Director
    17 Feb 2024, realty.economictimes.indiatimes.com
    ​Commenting on the appointment, Trinity’s senior management stated, “Adil’s journey in real estate is marked by a series of achievements and milestones. He has a proven expertise in sales, marketing, and customer relationship management…
  • Bengaluru civic body seals Rockline Mall over Rs 11.5 crore property tax due
    17 Feb 2024, realty.economictimes.indiatimes.com
    ​Stating that around Rs 2 crore is being paid towards property tax for the mall as per the High Court’s direction, Venkatesh said he has already paid the property tax for the year 2023-24 and also intimated the BBMP about it…
  • The whole strategy of profitable growth panning out for Arvind Fashions: Shailesh Chaturvedi
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​Shailesh Chaturvedi, MD & CEO of Arvind Fashions, discusses the company’s strong performance in the offline channel, weak consumer sentiment during Diwali, margin improvement due to premiumisation, and the company’s strategy for profitable growth to achieve a ROCE target of 20%. He is also confident that margin will sustain at the current level of 53.3% which is a sharp nearly 480 basis point improvement…
  • Orkla India appoints Murali S chief executive officer of Eastern
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​Murali will be based in Cochin, where he will lead the team in strengthening Orkla India’s footprint in the Kerala market and spearheading the Eastern business unit…
  • Balance b/w standardisation and consistency help F&B businesses sustain, says Zorawar Kalra
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​Speaking at the Great Industry Retail Summit 2024, Kalra said, “It’s a balance between consistency and standardization that helps the business to sustain.”…
  • ETRetail GIRS2024: Flipkart CPTO unpacks the evolution of retail technology – Opportunities and challenges
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​As technology continues to evolve, Venugopal believes that e-commerce platforms will be better equipped to deliver tailored experiences and cater to the needs of consumers, ultimately driving continued growth and innovation in the retail sector…
  • ETRetail GIRS2024: How technology and consumer trends are redefining the shopping experience
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​As the retail industry continues to evolve, the intersection of technology and consumer trends promises to shape the future of shopping experiences, paving way for innovation, efficiency, and enhanced customer satisfaction…
  • FMCG market growth rate will improve next fiscal, says Godrej Consumer Products managing director Sudhir Sitapati
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​The FMCG market growth rate is expected to improve next fiscal. Godrej is evaluating options to expand its presence in the hair care market. Demand for premium products is high. The company has recently launched an anti-mosquito agarbatti targeting the mass market…
  • Online seafood firm Captain Fresh raises $25 million from BII, Nekkanti
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​Captain Fresh raises $25M in funding round led by BII and Nekkanti Seafoods Group. Utham Gowda to hold 19% stake. Matrix Partners, Ankur Capital, Prosus, and Tiger Global also invest. Acquisition of Senecrus. Expansion in US, Europe, and southeast Asia. Works with retailers Metro, Auchan, Carrefour in France, Germany, Poland, Middle East…
  • Luggage brands on high-growth path as travel industry booms
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​India’s travel renaissance is driving a luggage revolution, with sales doubling. Global brands like Tommy Hilfiger and Delsey Paris are growing in the premium range, while Safari, Kamiliant, and Aristocrat are popular in tier-3 and 4 cities. The market is also seeing partnerships with luxury brands and celebrities, and the emergence of direct-to-consumer brands…
  • Globe Textiles India Ltd to acquire Globe Denwash Ltd, aiming for sustainable growth
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​According to a press release, this move marks a significant step in GTIL’s forward integration strategy aimed at enhancing its market position, expanding its product portfolio, and embracing sustainable practices…
  • Malabar Gold, Senco debut on Deloitte’s global luxury goods list
    17 Feb 2024, livemint.com
    ​Indian jewellery retailers Malabar Gold & Diamonds, Senco Gold, and Thangamayil Jewellery have debuted on Deloitte’s Global Powers of Luxury Goods rankings that list the top 100 luxury brands worldwide…
  • UK’s M&S adds Puma and Reebok to external brand offer
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​The retailer launched its “Brands at M&S” strategy in 2021 to attract more younger shoppers, with the move helping its ongoing turnaround. M&S now has over 90 third-party brands, including adidas, Columbia, ASICS and Sweaty Betty…
  • Zomato hits 20-month high after delivering strong Q3
    17 Feb 2024, thehindubusinessline.com
    ​Shares of Zomato zoomed to 20-month high on Thursday, as analysts remained largely positive of the stock after the company reported profits in Q3 of current fiscal. Besides, the increase in weightage of Zomato following the recent rejig by global index major MSCI in its Global Standard Index also increased investors’ appetite for the stock…
  • India’s consumer packaged goods sector saw balanced growth in 2023: Report
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​”India was a standout example of balanced growth, with RSV (retail sales value) advancing by nearly 15 per cent since 2022, aided by consumers switching from local or unbranded products to bigger, international brands,” it said…
  • Carlsberg India appoints Vandana Kapur as vice president-HR
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​Carlsberg India has appointed Vandana Kapur as vice president-human resources, focusing on organisation effectiveness, talent management, and diversity, equity, and inclusion initiatives. With over 22 years of experience in corporate, consulting, and entrepreneurial roles, Kapur is committed to becoming an employer of choice and creating inclusive opportunities…
  • Adani Wilmar appoints Jignesh Shah as the head – media and digital marketing
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​The marketing professional will oversee the strategic promotion of oil and food portfolios under the flagship brand “Fortune” as well as other popular brands…
  • On Valentine’s Day, lovers drive quick commerce, food delivery order volumes to record highs
    17 Feb 2024, moneycontrol.com
    ​On Valentine’s Day, love was not just in the air, it spread out to quick-commerce and food delivery platforms with Indian lovers splurging on romance, buying a record number of roses, chocolates, cakes and more…
  • ETRetail GIRS’24: Samir K Modi shares insights on empowering Bharat through omnichannel commerce
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​In the insightful keynote, he highlighted the transformation of the retail sector through omnichannel strategies. “The transformation of India’s retail ecosystem knows no bounds,” he said…
  • Lipsticks, men’s apparel and cards among top selling products on V-Day
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​On Valentine’s Day, demand for Valentine gift sets, chocolates, makeup accessories and jewellery witnessed a surge…
  • Wearable market growth expected to slow in 2024 amidst plateauing innovation and inventory pile-up
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​The wearable market is anticipated to witness its slowest growth in 2024 since its inception in 2020, with market analysts predicting a single-digit growth rate following a significant 34% year-on-year increase in 2023 to a record 134.2 million units. Factors contributing to this slower growth include a plateauing pace of innovation, inventory accumulation, and a decline in average selling prices (ASP) despite a 15.4% decrease in ASP…
  • Puma India inks multi-year kit sponsorship deal with Delhi Capitals
    17 Feb 2024, thehindubusinessline.com
    ​Sports brand Puma India has inked a multi-year partnership with Delhi Capitals as the official kit partner, ahead of the year’s WPL and IPL season…
  • Nothing Before Coffee opens its 50th store in New Delhi’s Malviya Nagar
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​Nothing Before Coffee currently has 50 stores wherein the company added 25 new outlets in FY 2023-24 till now, the leading coffee chain is present in 26 cities and has added 8 cities this year which is “the highest-ever store addition”…
  • ELLE DECOR Kitchens and Wardrobes Debut at Broadleaf’s Flagship Store
    17 Feb 2024, indianretailer.com
    ​Broadleaf Kitchen And Decor Private Limited introduced the first-ever ELLE DÉCOR Kitchens and Wardrobes in India, marking a significant collaboration with Lagardère Active Enterprises, the business unit responsible for extending the ELLE DÉCOR Brand under the French-based Lagardère News Group…
  • ASUS India Launches 4th Select Store for Refurbished Products in Hyderabad
    17 Feb 2024, indianretailer.com
    ​ASUS India, a leading PC brand committed to innovation and sustainability, has unveiled its 4th Select Store featuring refurbished products in Hyderabad. This marks a significant step towards promoting a circular e-waste economy in India, offering customers access to discounted refurbished laptops backed by a 1-year ASUS warranty…
  • What is a Departmental Store? Features, Types, Advantages, and Disadvantages Explained
    17 Feb 2024, indianretailer.com
    ​In the dynamic arena of retail, departmental stores stand tall as monuments of progress, convenience, and diverse offerings. These retail juggernauts are not just mere shopping destinations; they are comprehensive hubs that unite an extensive range of products under one roof…
  • Sensodyne Expands Oral Health Portfolio, Aims to Enhance Oral Hygiene Space
    17 Feb 2024, indianretailer.com
    ​In the ever-evolving landscape of oral care in India, Sensodyne, a prominent brand under Haleon (previously GlaxoSmithKline Consumer Healthcare), proudly unveils its latest breakthrough – Sensodyne Complete Protection+ Mouthwash…
  • Unlocking the True Potential of Indian Retail Industry with AI-based Workforce Management Tech
    17 Feb 2024, indianretailer.com
    ​A report recently published by the Indian Brand Equity Foundation found that India is the fifth-largest global destination for retail. Due to the entry of several new players, the retail sector in India has grown to become one of the most vibrant and fast-paced sectors…
  • Definition, Types, and Components – A Comprehensive Guide
    17 Feb 2024, indianretailer.com
    ​In the fast-paced and ever-evolving world of commerce, retail stores stand as pivotal elements of the global economy. This article aims to provide an in-depth understanding of retail stores, offering insights into their varied..
  • Radico Khaitan Commits to Heroic Legacy with Spirit of Victory 1999 Pure Malt
    17 Feb 2024, retail.economictimes.indiatimes.com
    ​In a poignant tribute to the valiant soldiers of the 1999 Kargil War, Radico Khaitan Limited, one of India’s largest liquor companies, introduces the Spirit of Victory 1999 Pure Malt Whisky…
  • Predictive Analytics in Retail for Enhanced Sales Forecasting
    17 Feb 2024, indianretailer.com
    ​In the ever-evolving retail landscape, the ability to predict future trends is invaluable. Predictive Analytics in Retail has emerged as a revolutionary tool, transforming the approach to Retail Sales Forecasting…
  • HCCB Strengthens Commitment to Youth Development in Telangana
    17 Feb 2024, indianretailer.com
    ​In a strategic move to empower the youth of Telangana, Hindustan Coca-Cola Beverages (HCCB), a leading FMCG company in India, is poised to extend its renowned ‘Campus to Corporate Program’ in partnership with the Telangana Academy for Skill and Knowledge (TASK) and Aahan Consulting…
  • Top 5 Manyavar Alternatives and Competitors
    17 Feb 2024, indianretailer.com
    ​Embark on an enlightening journey through the Indian ethnic wear landscape, where Manyavar stands as a beacon of tradition and elegance…
  • From Aisles to Algorithms: Bombay Gourmet Market’s Online Overhaul with Yango Tech!
    17 Feb 2024, indianretailer.com
    ​Bombay Gourmet Market recently announced a strategic collaboration with Yango Tech, a global technology leader celebrated for its forward-thinking solutions, to revolutionize modern retail in India, to elevate and enrich the online shopping experience for their clientele…
  • Top Lifestyle Brands In India
    17 Feb 2024, indianretailer.com
    ​At the heart of this transformation are the Top 10 Lifestyle Brands in India, each with its own story and distinct identity. From traditional roots to modern innovation, these brands have navigated the complex tapestry of Indian consumer preferences and global influences, emerging as leaders in the world of fashion and luxury…
  • Nothing Before Coffee (NBC) Celebrates 50th Store Opening, Eyes Nationwide Expansion
    17 Feb 2024, indianretailer.com
    ​In a remarkable achievement, Nothing Before Coffee (NBC), a leading Quick Service Restaurant (QSR) brand, unveils its 50th store in the vibrant cityscape of Malviya Nagar, New Delhi. The inauguration heralds a new era of accessible, high-quality coffee experiences for patrons across diverse regions…
  • Indian Luxury Industry Thrives with $347 Bn Sales
    17 Feb 2024, indianretailer.com
    ​India’s luxury goods market is undergoing a remarkable transformation, fueled by technological advancements and a growing emphasis on sustainability. India’s significant contributions to the global luxury industry surged to a staggering $347 billion in FY2022…
  • When it comes to high street space, more is less: Tanuj Bhargava, Chief Leasing Officer of Fairfox Group, Noida, Sector 140A
    14 Feb 2024, realty.economictimes.indiatimes.com
    ​Bharat’s high street space is set to expand substantially from Metro Cities to Tier II and Tier III cities. Nurtured seasoned developers are looking to develop about three million square feet of retail projects with open spaces in the next 2-3 years…
  • Phoenix Mills records 69% rise in net profit at Rs 297 crore in Q3 FY24
    14 Feb 2024, realty.economictimes.indiatimes.com
    ​Retail collections rose 30% to Rs 700 crore, while rental income from retail grew 33% to Rs 447 crore. Operating profit in retail business increased 27% to over Rs 435 crore. The company’s malls are operating at life-time high leased occupancy and trading levels…
  • Walmart’s sourcing from India crossed $30 billion in last 2 decades
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​Walmart sees India as a strategic market due to its favorable ecosystem and infrastructure, aiming to source USD 10 billion in exports annually by 2027, making it the only market aside from the US with such a sourcing objective. The retail giant aims to provide global market access to Indian manufacturers, recognizing the demand for unique products globally. Partnerships with Indian companies like Hero Ecotech, Mrs Bector’s Food, and Welspun have already proven successful, the company said…
  • Cost structure of logistics biggest challenge for ecommerce: Flipkart CEO
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​”One of the biggest challenges for ecommerce alone to solve is the cost structure of logistics. India, in general is a low ticket price market. Whenever we are able to get to further (lower logistics) cost structure, is when we will be able to further increase the penetration in commerce,” Krishnamurthy said…
  • Coca-Cola India business witnesses robust growth in 2023


    14 Feb 2024, retail.economictimes.indiatimes.com
    ​The company’s net revenue for the December quarter grew 7% to USD 10.8 billion, and organic revenues (non-GAAP) grew 12%. For 2023, net revenues grew 6% to USD 45.8 billion…
  • ABFRL to introduce Jaypore brand in the US market
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​This move will enable Jaypore to expand its direct-to-consumer presence on a global level.​​ Ashish Dikshit, managing director at ABFRL said, “While Indian markets offer huge opportunity for consumer brands, it’s also an era for Indian brands to delight customers overseas. These are not just customers of Indian diaspora but also natives of those markets.” …
  • Streetwear brand VegNonVeg eyes Rs 175 revenue by next fiscal
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​The brand, which enjoys 18 per cent profitability, is planning to spend Rs 20 crore over the next few years to expand its retail footprint as well as its private label…
  • Not delivering product costs e-commerce firm, retailer dear
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​The commission had sent notices to Flipkart and Surya Handicrafts with its office in Churu, but both the parties preferred not to contest the complaint by remaining absent. Accordingly, ex parte proceedings were initiated and the assertions made by the complainant went unrebutted and uncontroverted…
  • Price disparity: Apparel retailers turn to own online channels
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​The retailers state that higher discounts on e-commerce platforms trigger price disparity, thus affecting sales at offline stores. This has prompted the retailers to draw up a new business strategy focusing on multichannel price parity…
  • India’s Arvind Fashions posts smaller Q3 sales growth, sending shares down 9%
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​Arvind Fashions’ consolidated revenue rose about 5% to 11.25 billion rupees ($135.5 million) in the October-December quarter. That was less than the 7% growth in the previous quarter and a 17% jump in the year-ago holiday quarter…
  • Sula Vineyards posts higher Q3 profit on strong premium wine demand
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​Its wine segment, which houses premium brands such as Dindori and Rasa, reported a nearly 4% rise in revenue during the quarter. This is Sula’s biggest segment and accounts for 89% of the topline…
  • India Inc On The Move 2024: Smart and Sustainable Manufacturing – Accelerating towards Trillion Dollars and Net Zero
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​The Economic Times, in collaboration with Rockwell Automation, presents ‘India Inc On The Move 2024’, an event designed to address the challenges and opportunities in the manufacturing sector, with a focus on fostering smart and sustainable practices, on February 27, 2024…
  • India emerges as key growth driver for global cosmetics giants L’Oreal & Shiseido
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​L’Oreal SA and Shiseido, two major cosmetics companies, highlight India’s growing importance as a key growth driver in the beauty industry, driven by a large population and increasing affinity towards beauty products. L’Oreal sees India as its fifth largest market in the professional products division, with significant untapped potential across the country…
  • Homecare startup Happi Planet raises Rs 8.47 cr from Fireside Ventures
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​With these funds, the brand plans to enhance its online presence and expand its offline reach to over 250 stores by the end of 2024, as per the release…
  • Kidswear brand Kate & Oscar to invest Rs 60 crore to open 30 EBOs in the next 3 years
    14 Feb 2024, retail.economictimes.indiatimes.com
    ​The expansion would be initially focused on cities like Bangalore, Mumbai, Delhi-NCR, and Chennai. The brand will also be looking at opening stores in cities like markets like Punjab, Hyderabad, and Ahmedabad…
  • How Paytm’s Merchant-Centric Approach Guides it Through Regulatory Storms
    14 Feb 2024, indianretailer.com
    ​In the labyrinth of India’s dynamic digital payments landscape, Paytm stands as a towering colossus, wielding unprecedented influence and innovation…
  • How Mia by Tanishq Cashes in on Valentine’s Day Jewelry Market in India
    14 Feb 2024, indianretailer.com
    ​Valentine’s Day, an occasion celebrated across generations, has witnessed a significant evolution in the Indian market over the past two years, particularly when it comes to jewelry…
  • The Significance of Data Analytics in Fashion Retail
    14 Feb 2024, indianretailer.com
    ​Imagine a world where fashion retail adapts like a chameleon, seamlessly aligning with your ever-changing desires. Clothes that not only fit your body but anticipate your style…
  • Hershey India takes AI Route to Woo Consumers This Valentine’s Day
    14 Feb 2024, indianretailer.com
    ​Hershey India Pvt. Ltd., a subsidiary of The Hershey Company, one of the leading global snacking and confectionery company has launched an innovative way to extend the brand’s distinctive proposition of expressing affection..
  • Retail India News: Minimalist Expands Horizons, Unveils Skin Solutions in Singapore, Vietnam, and Australia
    14 Feb 2024, indianretailer.com
    ​In a bold stride towards international expansion, Minimalist, India’s renowned science-backed skincare brand, announces its venture into three new markets: Singapore, Vietnam, and Australia…
  • Tata Digital explores operational integration
    13 Feb 2024, retail.economictimes.indiatimes.com
    ​Additionally, Tata Digital plans to consolidate its various standalone apps such as BigBasket, 1mg, and Tata Cliq, under the Tata Neu app to increase consumer engagement, boost Tata Neu app utilisation, and enhance operational efficiencies. The flagship digital asset, BigBasket, is also looking to raise up to $100 million in funding from parent Tata Sons…
  • Orion bullish on India, expands manufacturing capacity, forays into a new category
    13 Feb 2024, retail.economictimes.indiatimes.com
    ​The company, which started its journey with 2 SKUs, today boasts 40 SKUs and plans to take the SKU count to 60 by this CY-end…
  • Gifting cos, retailers expect strong double-digit sales this Valentine’s Day
    13 Feb 2024, retail.economictimes.indiatimes.com
    ​To capitalize on this expected demand, brands have rolled out various initiatives, from marketing campaigns to faster delivery services…
  • FMCG makers continue to bet on M&A for growth
    13 Feb 2024, thehindubusinessline.com
    ​Companies are utilizing acquisitions to solve portfolio gaps in their product offerings and enter new categories. Tata Consumer Products Limited (TCPL) in January announced the acquisition of Capital Foods and Organic India…
  • India’s retail inflation moderates to 5.10 per cent in January
    13 Feb 2024, retail.economictimes.indiatimes.com
    ​India’s retail inflation has eased to 5.10% on an annual basis, according to data released by the Ministry of Statistics & Programme Implementation. This is a decline from December’s four-month high of 5.69%. A Reuters poll had predicted a three-month low of 5.09%. The inflation rate remains within the Reserve Bank of India’s tolerance band of 2-6%…
  • Shops on Metro route hoping for biz to get back on track soon
    13 Feb 2024, retail.economictimes.indiatimes.com
    ​Underground work has especially affected the people of Fountain, Fort, Dadar and Sitladevi temple area in Mahim. Mahim resident Sebastian Dsouza said, “The pace of work was slow…many residents and shopkeepers were affected…Already, traffic jams were common but since Metro work began, if a large vehicle like a BEST bus broke down, the situation would become worse.” Asked if he was looking forward to Metro 3, Dsouza said Mahim already has good connectivity to most places of the city, so this infrastructure will be an added advantage…
  • Manufacturing sentiment remains upbeat in Q3 and Q4FY24: FICCI
    13 Feb 2024, retail.economictimes.indiatimes.com
    ​A survey by industry body FICCI indicated sustained growth in India’s manufacturing sector for the last two quarters of 2023-24. Around 87% of respondents expected higher or the same production levels in the current quarter, reflecting optimism. Despite positive indicators, constraints like raw material availability, global demand uncertainty, labor shortages, market volatility, increased power costs, unutilized capacities, and high bank interest rates were highlighted…
  • Panasonic introduces 60 AC models for 2024
    13 Feb 2024, retail.economictimes.indiatimes.com
    ​”We developed and manufactured our new range of ACs, keeping the evolving needs of our consumers in mind. The new line-up of ACs, comprising India’s first matter-enabled RACs will not only provide inter-operability but, is also simple to use, reliable and secure,” said Managing Director Fumiyasu Fujimori…
  • Emerging Technologies Supporting Your India Retail Strategy: Location Analytics
    13 Feb 2024, india-briefing.com
    ​We discuss how technology-enabled tools are allowing retailers to optimize their India market strategy using location analytics. This becomes more important as India’s spending power…
  • Garden Vareli 2.0: TCG’s Rs 1,250 Cr Spectacular Game-Changer in India’s Textile Retail Space
    13 Feb 2024, indianretailer.com
    ​In the heart of Surat, Gujarat, a textile revolution is underway, led by The Chatterjee Group (TCG) and its visionary Chairman, Dr. Purnendu Chatterjee. The Rs 1,250 crore Fully Drawn Yarn (FDY) expansion project at Garden Silk Mills..
  • Wooden Street Hits Landmark 97th Store with Pune Opening, Aims for 300 Nationwide
    13 Feb 2024, indianretailer.com
    ​In a bid to fortify its presence in the Indian furniture market, Wooden Street, a renowned furniture brand, has inaugurated its seventh physical outlet in the sprawling expanse of Creaticity Mall, Pune. Spanning over 5000 sq. ft.,..
  • Bombay Shirt Company Raises Rs 54 Cr in Series B Funding Led by Singularity Ventures
    13 Feb 2024, indianretailer.com
    ​In a significant move towards bolstering its position in the custom-made apparel market, Bombay Shirt Company has successfully concluded a Series B funding round, securing an impressive Rs 54 crore. Singularity Ventures took the lead in this funding round, with participation from Mithun Sacheti, the founder of CaratLane and a general partner at Singularity…
  • Swedish Tea Sensation ‘Life by Follis’ Makes Grand Debut in India
    13 Feb 2024, indianretailer.com
    ​Life by Follis, Europe’s esteemed tea maestro, has landed in India, presenting a fusion of unparalleled taste, ethical sourcing, and innovative flavors that are poised to redefine the Indian tea experience…
  • Salad Days Expands its Footprint to Mumbai; Targets High Potential Zone in the City
    13 Feb 2024, restaurant.indianretailer.com
    ​Having already served 1 million unique customers in Delhi-NCR and 1 Lakh+ customers in Bengaluru, the food tech is poised to make a significant impact in Mumbai…
  • United Breweries Sees Profit Surge, Revenue Climbs 12 pc
    13 Feb 2024, restaurant.indianretailer.com
    ​United Breweries Ltd (UBL) witnessed a 12.28 percent increase in revenue from operations, reaching Rs 4,154.98 crore compared to Rs 3,700.49 crore in the corresponding period of FY23…
  • The China Gate Group introduces Pan-Asian Restaurant ‘Goh Jia Ting’ in Mumbai
    13 Feb 2024, restaurant.indianretailer.com
    ​The menu offers a variety of fresh and unique seafood dishes which are their specialty and they also offer vegetarian choices as well…
  • Takumi Unveils Dining Experience in Mumbai
    13 Feb 2024, restaurant.indianretailer.com
    ​The menu is crafted by Head Chef Passang Dorje Lama and it features a chosen array that celebrates the harmony of Southeast Asian cuisine…
  • Olio Pizza’s Opens 100th Store in IndiaUnveiling Your Finances: Demystifying Retail vs. Corporate Banking
    13 Feb 2024, restaurant.indianretailer.com
    ​Olio Pizza is the rapidly expanding pizza brand in India under Curefoods, has unveiled its 100th location achieved in a mere two-year span…
  • Why This Bangalore-Based Virtual Restaurant Operator wants to Become ‘OYO’ of Restaurant Biz
    13 Feb 2024, restaurant.indianretailer.com
    ​Dil Foods is a Bangalore-based virtual restaurant operator that won ‘Cloud Kitchen’ of the year award at the prestigious 12th Indian Restaurant Congress & Awards held in September 2023…
  • Prestige Achieves Milestone Of Delivering 300 Projects Across 10+ Cities
    12 Feb 2024, rprealtyplus.com
    ​Prestige Group, a name synonymous with quality and trust, has reached a significant milestone by successfully delivering 300 projects with 188 mn sqft in cities like Bangalore, Hyderabad, Chennai, Mumbai, Kochi, Mangalore, Calicut and Goa over a span of 38 years…
  • Sparx Elevates Retail Presence with Premium Footwear Experience
    12 Feb 2024, retail.economictimes.indiatimes.com
    ​In a strategic move aimed at reshaping the footwear retail landscape in India, Sparx proudly inaugurates its experience store at Vegas Mall, Dwarka. This retail venture marks a pivotal moment in Sparx’s trajectory, positioning itself as the brand of choice for a diverse range of consumers…
  • Unveiling Your Finances: Demystifying Retail vs. Corporate Banking
    12 Feb 2024, indianretailer.com
    ​In a salute to the enchanting allure of Jaipur, Prints By Radhika warmly opens its doors to a new retail haven in the Pink City. The concept of “Padharo Mhare Desh” resonates deeply as the brand invites patrons into its couture paradise, where every inch reflects the rich tapestry of Jaipur’s heritage seamlessly woven into the brand’s design ethos…
  • Sanfe Sets a New Standard in Feminine Skincare with Glycoclear Tech
    12 Feb 2024, indianretailer.com
    ​In the bustling landscape of India’s retail body care market, where fragrance and moisturization take center stage, a transformative innovation is shaking up the norms. Sanfe, an IIT Delhi startup, founded by Archit Agarwal and Harry Sehrawat, has unveiled a groundbreaking solution that goes beyond the conventional offerings…
  • Olio Pizza’s Opens 100th Store in India
    12 Feb 2024, retail.economictimes.indiatimes.com
    ​Olio Pizza is the rapidly expanding pizza brand in India under Curefoods, has unveiled its 100th location achieved in a mere two-year span…
  • Consumer goods giants like Nestle, Dabur, Coca-Cola ready capex war chest
    12 Feb 2024, retail.economictimes.indiatimes.com
    ​While demand for mainstream products has been tepid, demand for premium categories in urban markets has remained steady. Large consumer goods companies are investing in India, expecting a demand revival in the new fiscal…
  • Zomato steps up restaurant signups as slowdown bites
    12 Feb 2024, retail.economictimes.indiatimes.com
    ​In Zomato’s quarterly shareholder letter, food-delivery CEO Rakesh Ranjan noted that the demand environment was muted in the December quarter for the broader restaurant industry. “Hence, food delivery GOV growth (at 6.3% QoQ /27% YoY) was lower than our expectations but still higher than some of the other players in the restaurant industry space,” he said…
  • Honasa Consumer aims to outgrow the industry by 2 to 2.5 times, CFO shares growth plan for next year
    12 Feb 2024, retail.economictimes.indiatimes.com
    ​Net profit jumps 264% to 26 crore in Q3FY24; sees rural stress spilling over to urban markets…
  • Indian consumer electronics break boundaries; export surge to the US and Europe
    12 Feb 2024, retail.economictimes.indiatimes.com
    ​Companies like Havells, Dixon, Voltas and Blue Star have said in their December quarter earnings call that they are forming a base for exports in the developed nations like the US…
  • India’s robust digital infrastructure helped ‘Nothing’ brand make inroads, says cofounder Akis Evangelidis
    12 Feb 2024, retail.economictimes.indiatimes.com
    ​Nothing, an emerging technology brand, has exceeded its growth expectations, driven by India’s tech-savvy consumers, according to cofounder Akis Evangelidis. Despite launching its first product during the pandemic, the brand has made significant strides in India, leveraging the country’s robust digital infrastructure. Evangelidis emphasized India’s technological proficiency and the ease with which brands can gain traction in the consumer tech space…
  • Elista forays into AC segment, eyes Rs 50 crore sales in the first year
    12 Feb 2024, retail.economictimes.indiatimes.com
    ​Elista is aiming to generate sales of Rs 50 crore in the first year of its entry into the segment with its ‘Make in India’ focus. Further, it expects that the AC segment will contribute 20 per cent which is about Rs 300 crore to its overall projected Rs 1500 crore sales by the end of 2025.​​​​..
  • ‘Paper tablet’ reMarkable could challenge Apple, Samsung, Lenovo: Experts
    12 Feb 2024, retail.economictimes.indiatimes.com
    ​Norway-based ‘paper tablet’ brand, remarkable, could challenge Apple, Samsung, and Lenovo’s premium tablets in the India market. The note-taking and reading device, priced at under Rs45,000, allows users to scribble, take handwritten notes, read, and review documents. Its proprietary operating system does not offer internet browsing, emailing, messaging, or other features of a regular tablet or smartphone…
  • Omaxe posts net loss of Rs 71.77 crore in Q3 FY24
    10 Feb 2024, realty.economictimes.indiatimes.com
    ​Omaxe’s net consolidated total income stood at Rs 601.90 crore in Q3 FY24, a growth of 137.15 per cent from Rs 253.81 crore it recorded in the similar quarter last year…
  • Reliance Consumer Products acquires Ravalgaon’s confectionery brands for Rs 27 crore
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​Reliance Consumer Products (RCPL) has acquired the trademarks, recipes, and all intellectual property rights of sugar-boiled confectionery maker Ravalgaon for Rs 27 crore, according to a disclosure by Ravalgaon Sugar Farm Ltd. Ravalgaon owns nine confectionery brands, including Pan Pasand and Coffee Break, aligning with RCPL’s strategy of acquiring distressed old Indian brands and relaunching them, similar to its previous acquisition of the Campa soft drink brand…
  • Mamaearth Q3 Results: Profit soars 265% YoY to Rs 26 crore; revenue jumps 28%
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​Revenue from operations in the third quarter increased 28% year-on-year (YoY) to Rs 488 crore, compared with Rs 382 crore in the same quarter of last year…
  • Amway appoints Rajneesh Chopra as new India chief
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​Chopra moves from Texas-based direct selling wellness company Immunotec, where he was chief commercial officer leading 14 global markets, involved in digital, sales and marketing roles. Chopra takes over from previous Amway chief Anshu Budhraja, who exited the company a couple of months back…
  • Emami Q3 PAT up 12 pc to 261 cr
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​Revenue from operations was up 1.38 per cent to Rs 996.32 crore during the quarter under review as against Rs 982.72 crore in the corresponding quarter…
  • Number of merchants on ONDC expected to multiply in coming year, says MD & CEO Koshy
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​”We started with 600 merchants on-board in January last year. At present there are around 3 lakh merchants (on-boarded). In the coming year we expect this will be multiplying and build its momentum. At least ten times growth I expect in the coming year,” Koshy said…
  • Turkish e-commerce company Trendyol may go exclusive on Myntra
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​Trendyol is now the fastest-growing brand and among the top-selling international women’s western wear brands on Myntra, and on a monthly run rate trajectory of achieving Rs100-150 crore for the year, they said…
  • BigBasket expects a surge in Valentine’s week sales
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​The e-grocer shared that sales in categories such as teddy and heart soft toys, chocolates, makeup and fragrances, roses, and decor and gift sets have seen a substantial increase from previous year. From these categories, the platform has seen a 4-digit growth rate for teddy and heart soft toys sales indicating a significant surge in demand for these items…
  • Pizza Hut India operator reports biggest profit fall since listing
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​Total revenue rose 12% to 6.66 billion rupees, while expenses jumped nearly 16%. This led to its margins on earnings before interest, tax, depreciation and amortization (EBITDA) contracting to 18.4% from 19.6% an year ago…
  • PepsiCo posts mid-single-digit growth in India market in 2023
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​PepsiCo reported a mid-single-digit growth in the Indian market in 2023. Globally, its net revenue reached USD 91.47 billion, with a growth of 5.9%. The AMESA division, including India, saw a decline in net revenue due to unfavourable foreign exchange and a net organic volume decline. However, PepsiCo’s operating profit in AMESA grew 21%…
  • United Breweries posts Q3 profit
    10 Feb 2024, retail.economictimes.indiatimes.com
    The company, partly owned by Dutch brewer Heineken NV, has been grappling with elevated costs due to rising raw material prices, including glass and extra neutral alcohol (ENA), a primary raw material for alcoholic beverages, which have incrementally risen each quarter…
  • L’Oreal Q4 sales up 6.9% despite decline in North Asia
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​The Paris-based group, which owns labels ranging from Lancome to Maybelline, said that sales came to 10.6 billion euros ($11.4 billion), just shy of expectations for 10.9 billion euros according to consensus estimates cited by Barclays…
  • DOMS Industries Q3 results: Revenue at ₹372 crore; PAT at ₹39 crore
    10 Feb 2024, livemint.com
    ​DOMS Industries Limited (‘DOMS’), one of India’s leading stationery and art material company, announced its financial results for the quarter and nine months period ending December 31, 2023…
  • H&M Elevates Retail Landscape in Bengaluru with H&M Home Integration
    10 Feb 2024, indianretailer.com
    ​In a significant move, H&M India has added another feather to its cap with the inauguration of its seventh store at Phoenix Mall of Asia, Byatarayanapura, Hebbal, Bengaluru…
  • NexusHyderabad Welcomes New Balance’s Progressive Retail Concept
    10 Feb 2024, indianretailer.com
    ​New Balance has proudly inaugurated its maiden retail outlet in Hyderabad, located at Sarath City Capital Mall, on 7th February 2024. This momentous occasion marks a significant leap in New Balance’s strategic expansion endeavors across India. The newly established store marks a pioneering venture for the brand’s Indian subsidiary…
  • From Gully Cricket to Global Giants: Unpacking India’s Booming Toy Market
    10 Feb 2024, indianretailer.com
    ​Imagine a vibrant tapestry woven with traditional wooden dolls, educational coding games, and action figures from international blockbusters. That’s the picture-perfect image of India’s toy industry, a market undergoing a dynamic transformation…
  • Page Industries Limited Showcases Fiscal Resilience Amid Retail Sector Challenges
    10 Feb 2024, retail.economictimes.indiatimes.com
    ​In a challenging landscape marked by shifting consumer spending patterns, Page Industries Limited, India’s leading apparel manufacturer, has revealed its financial performance for the third quarter and nine months ending December 31, 2023…
  • Decoding UPT: A Comprehensive Guide to Units Per Transaction in Retail
    10 Feb 2024, indianretailer.com
    ​In the dynamic world of retail, understanding customer behavior is paramount to achieving success. One crucial metric that sheds light on buying patterns and overall performance is Units Per Transaction (UPT)…
  • Unveiling Your Finances: Demystifying Retail vs. Corporate Banking
    10 Feb 2024, indianretailer.com
    ​Navigating the world of banking can feel like deciphering an ancient scroll – riddled with jargon and seemingly endless options. But fear not, fellow finance adventurer!..
  • Cracking the Counterfeit Conundrum: Sanghvi Foods’ Unseen Battle Against Fake Atta!
    10 Feb 2024, indianretailer.com
    ​In the pulsating kaleidoscope of India’s packaged atta market, where the alluring fragrance of freshly baked bread and the heartening spectacle of chapatis being crafted weave into the fabric of daily existence, emerges a…
  • Brigade REAP Onboards Five New Startups In Various Domains
    9 Feb 2024, rprealtyplus.com
    ​Brigade REAP, India’s first PropTech focused real estate accelerator program, has onboarded 5 startups were chosen based on their innovation in proof of concept, relevance to PropTech, disruptive technology and the advantages that this technology will bring to the real estate sector at large…
  • Zomato posts Rs 138 cr net profit in Q3
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​Consolidated revenue from operations in the third quarter of the ongoing fiscal stood at Rs 3,288 crore as against Rs 1,948 crore a year ago, it added. Total expenses were higher at Rs 3,383 crore. The same was Rs 2,485 crore in the corresponding period a year ago, the company said…
  • Tata Sons to invest $1 billion more in digital arm
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​Earlier this week, Tata Digital appointed Naveen Tahilyani, the former managing director of Tata AIA Life Insurance, as its CEO & MD. Tahilyani replaced Pratik Pal who had been holding the charge since the company’s inception in 2019. Tata Sons has invested more than $2 billion in Neu so far and has board approvals for further capital infusion over a five-year period…
  • Mainstream demand tepid despite premiumisation: Nestle CMD Suresh Narayanan
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​NielsenIQ forecasts a slowdown in the FMCG sector’s value growth. Nestle India reports a 4.4% YoY rise in net profit for the December quarter, driven by pricing and strong momentum in ecommerce and out-of-home channels…
  • Nitin Paranjpe to leave Unilever by middle of 2024
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​”I am very grateful to Nitin for everything he has done in the company. By the way, he will continue as the chair of Hindustan Unilever for the foreseeable future. And I am very grateful that he will use all his expertise and experience in that key role,” Unilever chief executive officer Hein Schumacher said…
  • Mall consumption grows 9.66 pc in 3rd quarter: Report
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​The report reveals a robust growth in food and beverage sales at 7.08 per cent on a weighted average basis, with the North region again leading at 13.09 per cent. Whereas, entertainment sales have experienced a moderate growth rate of 6.67 per cent on a weighted average basis, with the North region achieving a 9.70 per cent growth…
  • IKEA India betting on kids range, sees stable growth across children’s category
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​IKEA India said it has seen stable growth year-on-year across the children’s category including its educational solutions, soft toys, and furnishing storage solutions for kids…
  • Patanjali Foods Q3 Results: PAT falls 19% YoY to Rs 217 crore, revenue growth flat
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​Patanjali Foods Q3 Results: Revenue from operations fell 0.2% to Rs 7,911 crore. Sequentially, the topline rose just 1.1%, while the bottomline dropped by nearly 15%…
  • Jockey India licensee posts higher Q3 profit, helped by higher margins
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​The company, which manufactures and distributes sports and athleisure wear, said its profit rose 23% year-over-year to 1.52 billion rupees ($18.3 million) in the third quarter…
  • Metro Brands leases 3.25-lakh-sq-ft warehouse in Bhiwandi for 5 years
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​Metro Brands Ltd, one of India’s leading footwear and accessory retailers, has secured its largest warehousing space to date. The company has leased a custom-built 3.25 lakh square feet warehouse in Bhiwandi, near Mumbai, as part of its expansion strategy…
  • Unilever to ‘defend its position’ amid attack on price points by local companies
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​”If you look at India, the good thing about quarter four is with the price pressure that is there in India, one of the impacts of deflationary pressure in some categories could be with increased competition and so forth. We have seen a volume growth, so the minus 2% on pricing was balanced by a 2% volume growth. I think that’s a positive for India,” Unilever’s chief executive officer Hein Schumacher said during its earnings call…
  • Business firing on all cylinders; adding new engines of growth: Sunil D’Souza, TCPL
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​​Our growth businesses keep on firing, overall a 42% growth and all the businesses are plus 40% now. EBITDA margins are now north of 15%, working capital down 7 days. We actually generated 40% more cash in Q3 this year versus Q3 last year. Close to 3,000 crores of cash was sitting on our balance sheet and I say was because we are going to use it now for the acquisitions…
  • Blinkit’s revenue from ads sees over threefold surge in Q3
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​During the third quarter, Blinkit said its growth was faster than the year-on-year increase in its gross order value (GOV). Blinkit’s GOV for the quarter ended December 31 doubled to Rs 3,542 crore…
  • Tata may have a new ‘plan’ to take on Swiggy, Zomato
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​Tata Group is entering the online food ordering sector with its ‘super app’ Tata Neu, using the government’s ONDC. The app plans to start its food delivery service and cross-sell its other products, including apparel, jewellery, grocery, electronics, and flights…
  • Mallika Srinivasan steps down as Swiggy’s independent director
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​Swiggy said Srinivasan was stepping down due to “increasing business commitments”, without explaining further. The firm did not name a replacement for the position…
  • India’s retail inflation to drop to a three-month low in January at 5.09%, says Reuters report
    9 Feb 2024, livemint.com
    ​Economists surveyed by Reuters anticipate a decline in India’s retail inflation to a three-month low of 5.09 percent in January. This dip is attributed to reduced food price hikes and favourable base effects…
  • India consumption story driving mall operators, warehousing players’ growth, ICRA
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​Though the net absorption was healthy in the first three quarters of this financial year, the vacancy levels rose by 100 bps to 20% as of December 2023 due to higher new supply, which has become operational recently and is yet to ramp up fully. ICRA expects the occupancy levels to sustain at 81-82% as of March 2024 and improve to 82-83% by March 2025…
  • Unveiling the Magic: How Big Data Powers the Retail Revolution
    9 Feb 2024, indianretailer.com
    ​Imagine walking into a store where the shelves seem to anticipate your needs, recommending products you’d love before you even know it. Sounds futuristic, right? But thanks to the power of retail analytics, this scenario is rapidly becoming reality…
  • Love Evolves: Reimagining Retail for the Future of Valentine’s Day
    9 Feb 2024, indianretailer.com
    ​Valentine’s Day, with its heart-shaped balloons, red roses, and romantic dinners, remains a retail juggernaut. In 2023, spending on loved ones reached a record high of $14.2 billion, showcasing its enduring power…
  • Reimagining the Retail Landscape: Transforming Malls for the 2024 Consumer
    9 Feb 2024, retail.economictimes.indiatimes.com
    ​The iconic American mall, once a bustling hub of social interaction and consumerism, faces a crossroads. The rise of e-commerce giants and changing consumer preferences have put immense pressure on traditional retail spaces…
  • Nexus Select Trust Achieves Highest Qtrly Tenant Sales & Occupancy
    8 Feb 2024, rprealtyplus.com
    ​Nexus Select Trust, India’s first listed Retail REIT, reported strong results for the third quarter ended December 31, 2023…
  • Signature Global Records Net Profit Of Rs 21.79 Mn For Q3 FY24
    8 Feb 2024, rprealtyplus.com
    ​Signature Global, amongst the leading real estate development companies in India, reported strong quarterly performance with net profit of INR 21.79 million…
  • Tata Consumer Q3 Results: Net profit drops 21% YoY to Rs 279 crore; revenue rises 9%
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​Revenue from operations increased 9% year-on-year (YoY) to Rs 3,804 crore in the December quarter. The same stood at Rs 3,474 crore in the last year quarter…
  • HUL announces top-level rejig, Shiva Krishnamurthy joins management committee
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​Srinandan Sundaram, Executive Director, Foods and Refreshment, will take over as the Executive Director, Homecare, HUL…
  • Quick commerce, gifting companies blossom on rose day
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​A Swiggy Instamart spokesperson told ETRetail that the company stocked up more than 1.5 million roses and witnessed up to 25 per cent more orders in the early hours of Rose Day…
  • Meesho launches logistics marketplace Valmo; claims to offer 5% cheaper solutions
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​With Valmo, the company is partnering with micro-entrepreneurs for services including first-mile, last-mile, and sorting centres across the country, thus allowing delivery partners to be located close to users and reduce the time taken for each delivery…
  • Nestle India Q4 net profit rises 4.3% to Rs 655.61 crore
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​Nestle India’s total revenue from operations also increased to Rs ​​4,600.42 crore in Q4 CY24 as compared to Rs 4256.79 crore in a similar period last fiscal. Its total expenses rose to Rs 3,636.94 crore in Q4 CY24 from Rs 3,427.27 crore in Q4 CY23, as per the regulatory filing…
  • Trent Q3 net profit more than doubled to Rs 370.64 crore; Co. looks to deepen store presence
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​Noel N Tata, chairman of Trent Limited said,​​ “We will continue to expand and deepen our store presence with the aim of being ever more proximate and convenient to customers reinforcing our brand promise. We believe that our strategic differentiators will continue to provide us encouraging tailwinds.”..
  • Parag Milk Foods Q3 net profit nearly quadrupled to Rs 34.16 cr
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​​​Commenting on the results Devendra Shah, chairman at Parag Milk Foods said, “Over the last two quarters, the milk procurement prices have been benign and we expect it to remain stable ahead. Improving consumer sentiments coupled with our continuous focus on the value-added products and the health and nutrition segment is expected to drive healthy performance in the future.”..
  • Growth of caffeinated energy drinks makes Govt anxious
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​Amid a surge in consumption, particularly among teenagers and athletes, government officials are considering tighter regulations for caffeinated energy drinks. Concerns over potential health risks from excessive consumption prompt reevaluation by the Food Safety and Standards Authority of India (FSSAI). Proposed changes may include mandatory disclosures of caffeine content and consumption limits on packaging. Industry players like PepsiCo and Coca-Cola await official directives amidst rising scrutiny…
  • Veg thali cost increases in Jan; non-veg thali rates fall
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​​​According to Crisil Market Intelligence and Analytics (MI&A) Research ‘Rice Roti Rate’ estimates, the rise in prices of ingredients like pulses, rice, onion and tomato made home-cooked veg thali costlier in January, while decline in poultry rates helped in the fall in non-veg thali rates…
  • Moet Hennessy sees the right spirit in India
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​”Currently, we are focusing in India on Hennessy Cognac, Glenmorangie whisky and Chandon Sparkling wine, and to a lesser degree, on our champagnes which are purchased more outside India than within India,” Schaus said…
  • The Great India Retail Summit 2024: Shaping the future of retail
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​The summit boasts a stellar lineup of retail pioneers, brand mavens, and thought leaders, ready to share their insights and shape the trajectory of the industry…
  • Physical retail surging: 41 million sq ft new development expected by 2028
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​Stable economic conditions have fueled the consumption led growth enabling footprint expansion by retailers and new mall announcements. Apart from the strong supply pipeline, mall developers are focusing on building larger-sized malls to offer better shopping experience…
  • In Q3, Berger Paints had 9.1% growth; in Q4 trends should be similar: Abhijit Roy
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​Abhijit Roy says: “We have always had big competition within the industry. There are major players there already both domestic and international and we have been fighting. So I do not see anything majorly changing, of course, there is a very big player coming in in March-April and that might shift a little bit in terms of the growth rates but it is not going to be a very tangible effect on the overall revenue or profit growth.”…
  • D2C home care brand Koparo raises Rs 5.2 cr funding from 4P Capital Partners
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​“In the next 2 years, we are targeting to reach 10 lakh Indian consumers and our focus is on expanding distribution both online and offline.” said Simran Khara, founder, Koparo…
  • Butterfly Gandhimathi Appliances to continue focus on strengthening retail presence
    8 Feb 2024, retail.economictimes.indiatimes.com
    ​”During the quarter, revenue from core categories grew along with market share gains vs the same period last year. Growth in core categories was driven by new product launches, with meaningful contribution from premium segments,” said company Managing Director Rangarajan Sriram in a statement on Wednesday…
  • Premium Kidswear Brand Kate and Oscar Launch First Store in Delhi NCR: Totalling Six Stores in First Year of Inception
    8 Feb 2024, indianretailer.com
    ​In a strategic move to enrich the retail landscape for kids’ apparel in North India, premium brand Kate and Oscar joyously announce the grand opening of its latest store in Ambience Mall, Gurgaon…
  • 10 Stellar Vendor Booth Ideas for Crushing Your 2024 Sales Goals
    8 Feb 2024, indianretailer.com
    ​Standing out in a crowded marketplace isn’t easy, especially for vendors vying for attention amidst a flurry of competing products. In 2024, the bar for captivating customers is higher than ever. You need more than just well-made goods; you need an experience that draws them in, educates them, and ultimately, converts them into loyal fans…
  • Decoding Consumer Behavior: Four Essential Strategies for Retail Marketing Success
    8 Feb 2024, indianretailer.com
    ​In today’s fast-paced retail environment, understanding consumer behavior is not just an advantage, it’s a necessity for survival and growth…
  • Ace Group Unveils ‘ACE YXP’ Commercial Project At Yamuna Expressway
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​Ace the renowned real estate developer in India is making the headlines again with the unveiling of’ ACE YXP,’ a transformative commercial and lifestyle destination poised to redefine luxury and convenience on the Yamuna Expressway…
  • Anant Raj’s net profit up 58.17% in Q3 FY24
    7 Feb 2024, realty.economictimes.indiatimes.com
    ​Anant Raj’s net consolidated total income stood at Rs 401.02 crore in Q3 FY24, a growth of 43.14 per cent from Rs 280.16 crore it recorded in the similar quarter last year…
  • FSN E-commerce board approves restructuring of group businesses to streamline operations
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​​​FSN E-commerce’s board has approved further investment in Nykaa Fashion by way of equity on a rights issue basis. Further, its board has approved the acquisition of the athleisure and lingerie business of Nykaa Fashion as a going concern on a slump sale basis, in accordance with the business transfer agreement (BTA) to be entered between the companies on an arm’s length basis…
  • Timex to continue betting big on analog watches; eyes India to become its biggest market
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​The company is also working with vendors in India to develop their capabilities in making stainless steel cases…
  • Britannia’s net profit drops 40% to Rs 932.40 crore in Q3 FY24
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​Britannia’s revenue from operations increased 1.41% at Rs 4,256.33 crore in Q3 FY24 as compared to Rs 4,196.80 crore in Q3 FY23. Its total expenses grew to Rs 3,544.42 crore in Q3 FY24 as against Rs 3,475.31​​​ crore in the same period of last fiscal, according to a regulatory filing…
  • Radico Khaitan Q3 net profit up 23% to Rs 75.15 crore
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​Radico Khaitan’s revenue from operations rose 34.1 per cent to Rs 4,245.95 crore in the third quarter of the current financial year. It stood at Rs 3,166.19 crore in the year-ago period…
  • Nykaa Q3 Results: Profit nearly doubles to Rs 16 crore; revenue up 22% YoY
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​Nykaa Q3 Results: FSN E-commerce Ventures, the parent company of Nykaa, reported a 97% YoY increase in net profit for Q3, reaching Rs 16.2 crore. Revenue from operations also rose by 22% YoY to Rs 1,789 crore. The EBITDA margin expanded to 5.5%, showing a 26% YoY growth. Nykaa’s gross merchandise value (GMV) increased by 20% YoY to Rs 761 crore. ..
  • V-Mart Retail Q3 profit up 41.3% at Rs 28.23 cr, revenue up 14.4% to Rs 889 cr
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​”Good festive demand in the quarter helped increase footfalls by 23 per cent reflecting an improved consumer sentiment. Winter season was delayed and remained muted during the quarter. Working capital improved with a decrease in inventory by 12 per cent from last quarter,” said an earning statement from the company…
  • S.P. Apparels to acquire 51.33% stake in Young Brand Apparels
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​Listed garment maker S.P. Apparels Ltd on Monday said it will acquire 51.33 per cent stake in the Rs 325.91 crore revenue Young Brand Apparels Private Ltd for Rs 95 crore…
  • Dec quarter sees 6.4% surge in FMCG volumes; urban-rural gap narrows: Report
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​The Indian FMCG industry has experienced a 6 per cent growth in value, attributed to a 6.4 per cent increase in volume, indicating positive consumption patterns at an all-India level, the report read…
  • Vans sneaker maker misses quarterly expectations; CFO to step down
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​The company, which withdrew its annual forecasts in October and announced a cost reduction plan, said it had begun an in-depth strategic review of its Global Packs business, including brands such as Kipling and JanSport…
  • Slowing consumer sales growth marks end of revenge shopping
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​”Revenge shopping that we saw during the pandemic was never sustainable. While people are buying higher priced products including cars and electronics with finance options, the increasing EMI every month is forcing them to cut back on lifestyle products like clothing and accessories,” said Kumar Rajagopalan, chief executive officer of RAI…
  • Battery-maker Eveready Industries Q3 profit jumps 55% on lower expenses
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​Eveready’s total expenses fell almost 9% to 2.95 billion rupees, led by a 29% decline in raw material costs. As a result, consolidated net profit rose to 84.1 million rupees ($1 million) in the three months to Dec. 31…
  • TTK Prestige posts higher profit on strong demand for cookware
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​Consolidated net profit rose 8.5% to 624.8 million rupees ($7.5 million) during the October-December period, snapping five straight quarters of declining profit. Revenue from operations climbed 6.3% to 7.38 billion rupees…
  • ‘Fresh’ Fresh Signature Store by Reliance Retail Opens at Infiniti Mall Oshiwara; Brings Total Count to 141 Outlets
    7 Feb 2024, indianretailer.com
    ​Reliance Retail has introduced Fresh Signature, an experiential supermarket housed in a sprawling 9000 sq. ft. space at Infiniti Mall Oshiwara, Andheri West, Mumbai. Far from the conventional grocery store experience, Fresh Signature pioneers a new approach with 17 live food experiences seamlessly integrated with a diverse product array, transforming mundane grocery runs into a sensory journey of culinary discovery…
  • Malabar Gold and Diamonds Strengthens Presence in Lucknow with Alambagh Store
    7 Feb 2024, indianretailer.com
    ​Malabar Gold and Diamonds, a key player in the Indian jewelry retail landscape, has recently inaugurated its latest store in Alambagh, Lucknow, as part of its ongoing commitment to providing an unparalleled jewelry shopping experience…
  • Empowering Customers: A Guide to Valuable Services Retailers Offer
    7 Feb 2024, indianretailer.com
    ​In today’s competitive retail landscape, exceptional customer service is no longer a differentiator – it’s an absolute necessity…
  • What is Visual Merchandising in Retail (2024): Captivate, Connect, and Convert
    7 Feb 2024, indianretailer.com
    ​In the ever-evolving retail landscape, where competition is fierce and online shopping holds significant sway, standing out from the crowd is crucial…
  • GSM in Retail: Unveiling the Mystery Behind the Acronym
    7 Feb 2024, indianretailer.com
    ​In the dynamic world of retail, understanding product specifications is crucial for making informed purchasing decisions. Among the various technical terms encountered, “GSM” often sparks curiosity…
  • Exploring the Expansive World of Retailing: Scope and Key Functions
    7 Feb 2024, retail.economictimes.indiatimes.com
    ​This article aims to delve deep into the scope and functions of retailing, providing insights into its evolution, economic impact, and the diverse roles it plays in the market…
  • TREVOC Group Enters Gurgaon With Rs 100 Cr Worth Prime Land Purchase
    6 Feb 2024, rprealtyplus.com
    ​Gurgaon, often referred to as India’s Millennium City, has long been synonymous with luxury real estate. The renowned developer TREVOC Group has recently made a significant move by acquiring prime land…
  • ANAROCK Raises Rs 200 Cr Funding From 360 ONE Asset
    6 Feb 2024, rprealtyplus.com
    ​ANAROCK, a leading Indian independent real estate consultancy, has announced an investment of ~INR 200 Cr (USD 25 Mn) from 360 ONE Asset Management Limited (earlier known as IIFL Asset Management) (360 ONE Asset), one of India’s largest alternate asset managers and part of the 360 ONE group, a wealth…
  • Quick commerce platforms surge rocks neighborhood grocery stores
    6 Feb 2024, retail.economictimes.indiatimes.com
    ​India’s neighborhood grocery stores, numbering around 12 million, experienced a slowdown in sales in the last quarter of 2023, while quick-commerce firms gained market share. Companies like Marico, Dabur, and Parle noted challenges in profitability and liquidity for traditional kirana stores. Quick-commerce platforms like Swiggy Instamart and Zomato-owned Blinkit have contributed significantly to FMCG sales, accounting for 30-50% of e-commerce sales for these companies…
  • Rado grew by 23% last year in India: Global CEO Adrian Bosshard
    6 Feb 2024, retail.economictimes.indiatimes.com
    ​In conversation with ETRetail, Rado’s Global CEO Adrian Bosshard discusses the company’s new launch, the India market’s performance for FY23, and growth plans going forward…
  • Pepsi India bottler Varun Beverages’ Q4 profit surges 77% on upbeat demand
    6 Feb 2024, retail.economictimes.indiatimes.com
    ​Consolidated net profit rose to 1.32 billion rupees ($15.9 million) for the fourth quarter ended Dec. 31, compared with 747.5 million rupees in the year-ago period…
  • Welspun Living appoints Sunil Duggal as independent director
    6 Feb 2024, retail.economictimes.indiatimes.com
    ​On Sunil Duggal’s appointment, Dipali Goenka, CEO and MD of Welspun Living, said, “His extensive experience, particularly in steering Dabur’s success, aligns seamlessly with our commitment to elevating Welspun’s B2C journey. As we embark on this transformative phase, his consumer-centric perspective and experience in building strong consumer connections resonates perfectly with Welspun’s vision. “..
  • Will FMCG giants be able to slay their puny challengers?
    6 Feb 2024, retail.economictimes.indiatimes.com
    ​The Indian economy, driven by rising consumption, offers a large scope for the growth of the FMCG sector. This includes not only big companies like Hindustan Unilever and Nestle India but also emerging small players. Local brands have been eating into the market share of leading consumer product companies in categories like soaps, detergents, hair oil, tea, and biscuits. These regional brands have been scaling up rapidly and giving tough competition to national brands. FMCG giants are fighting back by reducing product prices, increasing advertising, and investing in marketing…
  • State-owned EESL launches beta version of ecommerce platform
    6 Feb 2024, retail.economictimes.indiatimes.com
    ​The platform, eeslmart.in, lists energy-efficient appliances such as LED bulbs, inverter LED lamps and fans, at present…
  • Luxe brands expand, lease more space
    6 Feb 2024, retail.economictimes.indiatimes.com
    ​The luxury retail market in India is experiencing robust growth, with luxury watch, jewelry, fashion, and apparel brands leasing 600,000 square feet in 2023, marking the highest in six years, according to CBRE data. The share of luxury brands in overall leasing rose to 9% in 2023 from 3% in 2018. The expansion is attributed to growing consumer aspiration for global brands, increased disposable income, and the growth of organized retail spaces in major cities. International brands such as La Vie en Rose, Rimowa, Bugatti Fashion, and Victoria’s Secret have made significant expansions in the Indian market…
  • Unicommerce adds ‘Endless Aisle’ to its omnichannel retail management system
    6 Feb 2024, retail.economictimes.indiatimes.com
    ​Businesses continue to adopt omnichannel technology to align with users who move seamlessly between the online and physical stores of a brand. With Unicommerce’s…
  • Bajaj Electricals posts Q3 profit drop on shrinking consumer spends
    6 Feb 2024, retail.economictimes.indiatimes.com
    ​The October-December period typically marks the festival season in India, during which consumers traditionally splurge on non-discretionary products. However, demand was subdued in the latest quarter due to elevated inflation levels, which restrained expenditure on non-essential items, in both rural and urban areas, analysts said…
  • Nappa Dori Debuts in Mumbai Duty-Free
    6 Feb 2024, indianretailer.com
    ​In a significant stride for the travel retail sector, Mumbai Duty Free proudly unveils the inclusion of Nappa Dori at its Departure Store in Chhatrapati Shivaji Maharaj International Airport…
  • Louis Philippe and Peter England Debut Exclusive Outlets in Mauritius
    6 Feb 2024, retail.economictimes.indiatimes.com
    ​Aditya Birla Fashion and Retail Ltd. (ABFRL) launched Louis Philippe and Peter England, its distinguished menswear brands, to the vibrant retail landscape of Mauritius in collaboration with Jetha Tulsidas…
  • Furniture Brand from Singapore, Commune, Launched Flagship Store in Mumbai
    6 Feb 2024, indianretailer.com
    ​Singapore-based luxury furniture brand, Commune, a subsidiary of Koda, Southeast Asia’s leading furniture producer with over 50 years of expertise, is thrilled to announce the opening of its flagship store in Mumbai…
  • CHARLES and KEITH Unveils Concept Store at Ambience Mall
    6 Feb 2024, indianretailer.com
    ​In a significant move within the retail landscape, renowned fashion label CHARLES and KEITH has redefined the shopping experience for its patrons with the inauguration of its revamped concept store at Ambience Mall, Gurgaon…
  • The Epitome of Luxury: A Deep Dive into 10 Premium Cigarette Brands in India Above ₹2000
    6 Feb 2024, indianretailer.com
    ​In a world where smoking is not just a habit but a statement of luxury and style, certain cigarette brands have set themselves apart. In India, the market for premium cigarettes is flourishing, with several brands offering products…
  • Diageo India’s Micro Enterprise Initiative Empowers Women Farmers in Nashik
    6 Feb 2024, indianretailer.com
    ​Diageo India, a leading alco-bev company, has initiated a micro-enterprise program aimed at empowering smallholder women farmers in Nashik…
  • Retailers React – A Mixed Bag of Measures Unveiled
    6 Feb 2024, indianretailer.com
    ​The much-anticipated Union Budget 2024 has been presented, and the Indian retail sector, a crucial pillar of the economy, is carefully analyzing its impact…
  • Top Retailers Using Tech to Build Lifelong Customer Relationships: Cultivating Loyalty in the Digital Age
    6 Feb 2024, indianretailer.com
    ​In today’s competitive retail landscape, customer loyalty is more precious than ever. The ease of switching brands online and the abundance of choices have made traditional loyalty programs seem almost quaint…
  • Solutions to Shrinkage: Retail’s Biggest Pain
    6 Feb 2024, indianretailer.com
    ​For retailers, the thrill of a bustling store can quickly fade when faced with the harsh reality of shrinkage. This silent thief, encompassing losses from shoplifting, employee theft, administrative errors, and vendor fraud, eats away at…
  • FMCG majors slash prices, hike advertising spends to beat regional brands
    5 Feb 2024, retail.economictimes.indiatimes.com
    ​Top FMCG majors, including Hindustan Unilever, Marico, and Adani Wilmar, are reducing product prices and increasing marketing investments to combat competition from regional brands…
  • Budget 2024 brings cheer to dairy sector
    5 Feb 2024, retail.economictimes.indiatimes.com
    ​​​The managing director of Gujarat Cooperative Milk Marketing Federation (GCMMF), Jayen Mehta, applauded the government’s initiative, emphasizing its potential to transform India into the “dairy to the world.” Devendra Shah, chairman of Parag Milk Foods, also lauded the government’s commitment, acknowledging the dairy sector’s significance in sustaining the livelihoods of 80 million dairy farmers…
  • Blue Tokai revenue surges 70% in FY23; loss up 3.5 times as firm expands footprint
    5 Feb 2024, retail.economictimes.indiatimes.com
    ​Specialty coffee brand Blue Tokai saw its total expenses balloon to Rs 166 crore in FY23 from Rs 90 crore in the previous fiscal primarily on account of an increase in costs pertaining to raw materials, employee salaries, and rents…
  • Lite Bite to focus on 4 core brands; tier 1,2 to be key growth markets
    5 Feb 2024, retail.economictimes.indiatimes.com
    ​Lite Bite Foods, operating Asia7 and Street Foods, aims to double its outlets count by focusing on its four core brands, including Punjab Grill, Street Foods, YouMee, and Asia 7. The company plans to expand in tier 1 and 2 markets to capitalize on India’s growing organized food services sector. The food and service is expected to reach $78.8 billion by 2026, driven by factors such as increased dining out frequency and demand for diverse cuisines…
  • Patanjali enters race with all-cash offer of ₹830 crore to acquire Rolta India
    5 Feb 2024, retail.economictimes.indiatimes.com
    ​Patanjali Ayurved has made a late bid to acquire debt-laden Rolta India with an all-cash offer of approximately ₹830 crore. This bid comes after Ashdan Properties was declared the highest bidder by banks last week. Patanjali Ayurved approached the National Company Law Tribunal in Mumbai, requesting lenders to consider its offer. The tribunal has put the onus on the committee of creditors to decide whether to entertain the bid since it emerged after the completion of the bidding process…
  • E-commerce is revolutionising the entrepreneurial landscape in tier 2 and 3 cities
    5 Feb 2024, retail.economictimes.indiatimes.com
    ​There are many inspiring stories of start-ups and entrepreneurs who have successfully scaled up and transformed their businesses by embracing e-commerce…
  • Retailers slash prices on more Nike sneakers in 2024
    5 Feb 2024, retail.economictimes.indiatimes.com
    ​The trend marks a break from the past, when Nike retailers enjoyed the ability to sell through their Nike inventory at full price — particularly lifestyle shoes such as Nike Air Jordan 1 Retro High. Nike’s full retail prices range from roughly $50 for basic Nike running shoes to $200 or more for special-release Nike sneakers…
  • Superdry CEO exploring takeover of struggling retailer
    5 Feb 2024, retail.economictimes.indiatimes.com
    ​Superdry shares soared earlier on Friday to levels not seen since October after The Times newspaper reported that U.S. private equity company Sycamore Partners and Authentic Brands Group, which owns Ted Baker, had Superdry “on their radar”…
  • FMCG firms report single-digit volume growth with better margin in December quarter
    5 Feb 2024, retail.economictimes.indiatimes.com
    ​Companies such as HUL, ITC, Marico, Dabur, and Godrej Consumer Products said urban markets continued their moderate growth, while consumer demand from rural India remained subdued even as they expect an improvement in coming quarters. Moreover, the late arrival of winter also impacted the pickup of relevant products such as lotions, oils and creams. Hindustan Unilever (HUL) reported a muted growth in consolidated net profit at Rs 2,508 crore and its sales were marginally down to Rs 15,259 crore…
  • Signature Global posts Rs 2.17 crore net profit in Q3 FY24
    5 Feb 2024, realty.economictimes.indiatimes.com
    ​Total income rose to Rs 301.75 crore in the third quarter of this fiscal from Rs 191.78 crore in the corresponding period of the previous year, according to a regulatory filing on Friday…
  • Top 10 Concepts Every Data Professional Should Know
    5 Feb 2024, indianretailer.com
    ​In the fiercely competitive world of retail, data isn’t just a buzzword – it’s the key to unlocking success. With the ever-growing volume of information available, mastering retail analytics has become essential for any data professional looking to make a mark in this dynamic industry…
  • Slice of Profit: How Retailers Can Maximize Sales on National Pizza Day
    5 Feb 2024, indianretailer.com
    ​Ah, National Pizza Day! A glorious feast for the senses, where melty cheese, tangy tomato sauce, and the irresistible aroma of baked dough create a symphony of indulgence…
  • A Guide for Retail Owners Navigating the Evolving Landscape
    5 Feb 2024, indianretailer.com
    ​The retail landscape is more dynamic than ever. Consumer preferences shift like sands in the wind, competition is fierce, and technological advancements rewrite the rules of the game. As a retail owner, navigating this ever-changing terrain can feel like walking a tightrope blindfolded…
  • Top 10 Concepts Every Data Professional Should Know
    5 Feb 2024, indianretailer.com
    ​In the fiercely competitive world of retail, data isn’t just a buzzword – it’s the key to unlocking success. With the ever-growing volume of information available, mastering retail analytics has become essential for any data professional looking to make a mark in this dynamic industry…
  • From Likes to Profits: How Indian Entrepreneurs are Mastering Social Media Sales Strategies
    5 Feb 2024, indianretailer.com
    ​India’s dynamic entrepreneurial ecosystem has undergone a remarkable transformation as the mindset of hardworking entrepreneurs shifts from merely contributing towards maximizing profits to employing innovative social media marketing strategies…
  • Popeyes® Partners with RB Iberia to launch in Italy
    5 Feb 2024, restaurant.indianretailer.com
    ​RB Iberia is committed to providing guests with an excellent digital experience, utilizing personalization and the latest service channels to serve our guests in the iconic hospitable way that is characteristic of the brand…
  • ITC’s Iconic Restaurant ‘Avartana’ Opens 3rd Outlet at ITC Maratha, Mumbai
    5 Feb 2024, restaurant.indianretailer.com
    ​Already a huge success at ITC Grand Chola in the south, and ITC Royal Bengal in the east, the legacy of this signature culinary restaurant now takes the stage at ITC Maratha in the west…
  • Embassy REIT Achieves Full Year Leasing Guidance Of 6.5 Mn Sqft In 9 Months
    3 Feb 2024, rprealtyplus.com
    ​Embassy Office Parks REIT (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results for the third quarter ended December 31, 2023…
  • Apple sets another record in India, what CEO Tim Cook told analysts
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​Apple’s record quarter in India contributed to its fiscal 2024 Q1 results, which showed a 2% YoY revenue growth. The growth was driven by iPhone sales and an all-time revenue record in Services. Apple’s active device base exceeded 2.2 billion, a new high across all products and regions…
  • Bikaji Foods International’s net profit rises 15% to Rs 46 crore in Q3 FY24
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​Bikaji Foods’ total revenue from operations grew 22.9 per cent YoY to Rs 624.15 crore in Q3 FY24 as against the revenue of Rs 507.68 crore in Q3 FY23. Also, the company’s total expenses surged to Rs 567.78 crore in Q2 FY24 as against the total expenses of 468.36 crore in the similar period of the previous fiscal, as per the regulatory filing…
  • Gokaldas Exports acquires apparel business of Matrix Clothing
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​“The acquisition of Matrix is an important step in this direction as it is strategically relevant, possesses a good complementary customer base, operationally strong, and above all, a leader in its own sphere,” said Sivaramakrishnan Ganapati, vice chairman & MD, Gokaldas Exports…
  • Amazon Q4 sales beats estimates on cloud and ecommerce strength, shares rise
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​”Amazon was a clear winner in the 2023 holiday season, thanks to its commanding presence over an extended shopping period and a renewed emphasis on speedier delivery and essential categories prioritized by consumers,” said Insider Intelligence senior analyst Sky Canaves. He forecast Amazon expanding its U.S. ecommerce market share this year…
  • Delhivery Q3 Results: Co swings to black with cons profit at Rs 11 crore
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​Consolidated revenue from operations rose 20.3% YoY to Rs 2,194 crore. The numbers were better than expected, as most analysts had estimated a loss for the logistics solutions provider…
  • Bikaji Foods International appoints Sunil Sethi as a non-executive independent director
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​Sethi is a corporate connoisseur with over three decades of multi-category experience in the FMCG & Alcoholic beverages industry. With expertise in sales, marketing, strategy, and general management across international markets, he has held key roles in blue-chip Indian and multinational organizations, including Wipro Consumer, Cadbury India (now Mondelez), Diageo, Colgate Palmolive, Kelloggs & Fonterra…
  • Kisan to kirana: FMCG companies bet on rural revival
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​The extension of healthcare coverage under Ayushman Bharat to Asha and Anganwadi workers and expansion of the Lakhpati Didi scheme’s target to 3 crore women are big positives this year, said Malhotra, adding that they will go a long way in empowering rural women and enhancing the quality of life in rural India, ensuring sustained demand for branded consumer goods…
  • The Ayurveda Company aims to reach 50K sales touchpoints in GT market by Diwali 2024
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​Sanjiv Gupta, the chief advisor at T.A.C, shared, “Our target is to reach 50K touchpoints by Diwali 2024, supported by media and BTL activations and building an entire network on the cash and carry model.”…
  • Whirlpool’s Indian unit quarterly profit jumps on strong demand
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​Consolidated net profit rose to 279.9 million rupees ($3.38 million) in the quarter ended Dec. 31, from 246.9 million rupees a year earlier. Revenue from operations in Whirlpool’s Indian unit rose nearly 18% to 15.36 billion rupees for the first time in four quarters…
  • India’s V-Guard posts Q3 profit beat on sturdy demand across segments
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​Revenue from the electricals segment, which accounts for 40% of the revenue, rose 8% to 4.73 billion rupees, aiding the Kochi, Kerala-based company. The category includes products like electric water heaters and fans. Key festivals, such as Diwali and Christmas, prompted retailers to roll out enticing offers…
  • Q3 Fiscal Triumphs: Blue Star and Kalyan Jewellers Lead Revenue Surge
    3 Feb 2024, indianretailer.com
    ​In the backdrop of the third quarter of fiscal year 2023-24, several companies across diverse sectors have reported their financial results…
  • How Indian E-Commerce and D2C Brands Embrace the Vision of Viksit Bharat
    3 Feb 2024, indianretailer.com
    ​The echoes of the Interim Budget 2024-25 are reverberating across the Indian business horizon, particularly within the dynamic realms of e-commerce and Direct-to-Consumer (D2C) brands…
  • Godrej Interio’s Sustainable Surge: A Green Revolution in Indian Retail Furniture
    3 Feb 2024, indianretailer.com
    ​Godrej and Boyce, a stalwart in the Indian retail landscape, through its business arm Godrej Interio, is navigating the tides of change in the furniture industry…
  • The Future of Retail Analytics: Embracing New Technologies and Methodologies
    3 Feb 2024, indianretailer.com
    ​The retail landscape is undergoing a seismic shift. Gone are the days of brick-and-mortar dominance and static customer interactions. Today, the savvy shopper is armed with information, empowered by technology, and demanding a personalized, seamless experience…
  • DTC Disruption: Can Established Brands Compete with the Agility of Digital Natives?
    3 Feb 2024, indianretailer.com
    ​The retail landscape is undergoing a seismic shift. The rise of direct-to-consumer (DTC) brands is challenging the dominance of established giants, shaking up industries and redefining consumer expectations…
  • Communicating Your ESG Efforts Effectively: Building Trust with Consumers -Retail Practices
    3 Feb 2024, indianretailer.com
    ​In today’s increasingly conscious consumer landscape, Environmental, Social, and Governance (ESG) factors play a growing role in purchasing decisions…
  • Harnessing Customer Data for Effective Omnichannel Marketing Campaigns
    3 Feb 2024, indianretailer.com
    ​In today’s digital landscape, customers navigate across multiple channels – websites, social media, mobile apps, and physical stores – seamlessly blending online and offline experiences…
  • Harnessing Customer Data for Effective Omnichannel Marketing Campaigns
    3 Feb 2024, indianretailer.com
    ​In today’s digital landscape, customers navigate across multiple channels – websites, social media, mobile apps, and physical stores – seamlessly blending online and offline experiences…
  • Unveiling the Richest Billionaires in Fashion and Retaiil – An In-Depth Look
    3 Feb 2024, retail.economictimes.indiatimes.com
    ​The fashion and retail industry’s landscape is dotted with towering figures, their names synonymous with success and unimaginable wealth. From luxury titans like Bernard Arnault to fast-fashion kingpins like Amancio Ortega, their journeys and strategies offer valuable insights into the intricate workings of this dynamic sector…
  • Sankey Prasad Appointed CMD Colliers India & CMD Colliers Project Leaders Middle East
    25 Jan 2024, rprealtyplus.com
    ​Global diversified professional services and investment management company, Collier, announced that Sankey Prasad will expand his leadership role to include Project Leaders in the Middle East…
  • DLF’s net profit up 26.60% in Q3 FY24
    25 Jan 2024, realty.economictimes.indiatimes.com
    ​DLF’s net consolidated total income stood at Rs 1,643.51 crore in Q3 FY24, a growth of 5.38 per cent from Rs 1,559.66 crore it recorded in the similar quarter last year…
  • Kolte-Patil Developers’ net loss widens to Rs 63.04 crore in Q3 FY24
    25 Jan 2024, realty.economictimes.indiatimes.com
    ​Kolte-Patil Developers’ net consolidated total income stood at Rs 83.70 crore in Q3 FY24, a dip of 77.65 per cent from Rs 374.46 crore it recorded in the similar quarter last year…
  • Good Glamm cofounder Priyanka Gill to join Kalaari Capital as venture partner
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​Gill will also join the board of Good Glamm and become the chairperson of Good Media Co that runs the group’s digital media business, the company said in a news release…
  • OnePlus to double investments for retail expansion; open 200 stores in 2024
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​Sharing the company’s renewed focus on retail strategy, Ranjeet Singh, Director of Sales, OnePlus India said that the retailer has set an ambitious target of opening over 200 stores in 2024. He added that the company is eyeing over 150 cities to open these new stores to increase its market penetration into tier 2 and 3 cities…
  • Retail sector leasing increases 47% YoY in 2023
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​​​Demand for retail spaces in recently completed malls played a significant role in shaping the overall retail space occupancy in 2023, and nearly 30 per cent share in total absorption was led by primary leasing in these malls. During the year, the retail sector in India witnessed a surge in leasing activity, with Mumbai and Pune recording 5-year high leasing at 1.0 and 0.8 million sq ft, respectively. Bangalore, Ahmedabad, Delhi-NCR, Ahmedabad, Kolkata and Hyderabad witnessed steady leasing activity, the CBRE report stated…
  • Excitement builds as top retail leaders take centre stage at GIRS’24
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​In a candid fireside chat, restaurant maestro Zorawar Kalra, MD, Massive Restaurants will share his recipe for deciphering consumer behaviour for building a flourishing food business…
  • Budget 2024: The jewellery industry expects budget to foster growth, promote consumer spending & secure global competitiveness
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​The jewellery industry is also expecting an infrastructure boost which can ensure that raw materials are available at the most competitive prices and the availability of gold in the form of a gold loan at competitive pricing…
  • Quick-commerce firm Zepto elevates Nikhil Mittal to chief technology officer
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​Mittal joined Zepto as its first employee more than two years ago, and has been associated with the company since then. His elevation comes after the Mumbai-based startup recently raised $31.25 million in a fresh funding round from existing investors such as Goodwater Capital and Nexus Venture Partners…
  • Addition of global brands is unlocking value for Myntra: Nandita Sinha
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​The overall retail growth slowed to 6% in both March and April, increasing marginally to 9% in August and September before falling slightly to 7% in October and November, according to the Retailers Association of India. Myntra, however, said it outperformed the market. During FY23, the online retailer’s revenue rose 25% to Rs 4,375 crore from Rs 3,501 crore in the previous year…
  • FNP appoints Paridhi Joshi as Assistant Vice President – Retail
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​In her new role, she will be overseeing category and merchandising operations and will optimize customer engagement strategies…
  • Snitch appoints Mayur Ashtekar as its business development & offline expansion head
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​In his new role, Ashtekar will oversee Snitch’s retail business development, drive the company’s offline expansion and execute strategic plans for Snitch, read the release…
  • India’s coffee exports fell 5.4% in 2023
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​According to the Coffee Board of India’s latest data, export of Robusta coffee bean declined 15 per cent to 1.87 lakh tonne in 2023, from 2.20 lakh tonne in the previous year…
  • India Inc confident of achieving $5 trillion economy, says Deloitte in pre-Budget survey
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​India Inc is confident of achieving $5 trillion economy with government support in infrastructure investments, reforms, and technology adoption. Business leaders anticipate strong economic growth, with about 50% of India Inc optimistic about above 6.5% growth in FY25. Automotive, consumers and retail, technology, media, and telecommunication, and energy, resources, and industrials sectors anticipate high growth…
  • AI and Blockchain are revolutionizing the beauty industry for enhanced business
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​This article delves deep into the ways AI and Blockchain are enhancing the beauty industry, fostering sales growth, and generating leads…
  • AI computers to drive next replacement cycle in Indian PC market, says Asus Executive
    25 Jan 2024, retail.economictimes.indiatimes.com
    ​Taiwanese firm Asus plans to launch an AI-powered consumer notebook in India. India is the third-largest PC market globally, but there is a significant gap between India and China. Following the government’s implementation of the revised production-linked incentive (PLI) scheme for IT hardware in 2023, Asus is increasing its local production in India…
  • Demand for spaces in malls pushed retail leasing to all-time high in 2023
    25 Jan 2024, business-standard.com
    ​In 2023, the retail sector in India recorded an all-time high leasing of 7.1 million square feet across the top eight cities in India, 47 per cent higher than in 2022, according to a report released on Wednesday…
  • The Pant Project Expands Retail Presence in India, Embraces Omnichannel Strategy
    25 Jan 2024, indianretailer.com
    ​In a strategic move reflecting the evolving landscape of retail in India, The Pant Project, a digital-born brand founded in 2020, has opened its second physical retail store in Jayanagar, Bengaluru, in collaboration with Litestore…
  • Accessorize London Elevates Retail Aesthetics with First Marble Concept Store
    25 Jan 2024, indianretailer.com
    ​In a pioneering move, Accessorize London unveils its inaugural Marble Concept Store in India at Phoenix Marketcity Kurla, signaling the brand’s venture into cutting-edge design trends…
  • World Cancer Day and the Retail Industry’s Role in Reducing Cancer Risk – A Deeper Dive
    25 Jan 2024, indianretailer.com
    ​As we continue exploring the crucial intersection between sustainability and cancer prevention, let’s delve deeper into each point outlined in the previous section, revealing the intricacies and practical steps retailers can take to make a measurable difference…
  • Puravankara Reports 45% Rise In Revenue For Q3 FY24
    24 Jan 2024, rprealtyplus.com
    ​Puravankara Limited, one of India’s most trusted and admired real estate players, announced its financial results today for the third quarter (Q3FY24) ending December 31, 2023…
  • Godfather beer maker DeVANS eyeing Rs 1,500 crore gross sales in FY25
    24 Jan 2024, retail.economictimes.indiatimes.com
    ​The manufacturer of beer brands like Godfather, Six Fields, and Kotsberg, DeVANS currently has two breweries – one each in Rajasthan and Jammu. It has increased its production capacity through production tie-ups in Arunachal Pradesh and Jharkhand, and recently tied up with Vairagi Brewery in UP’s Barabanki, further enhancing its production capacity by 24,000 KL, amounting to 2 million cases per year Uttar Pradesh…
  • ETRetail GIRS: Going Phygital | Shriti Malhotra, Group CEO, Quest Retail – The Body Shop
    24 Jan 2024, retail.economictimes.indiatimes.com
    ​Going Phygital: In this episode, before our event The Great India Retail Summit (GIRS) 2024, our special guest, Shriti Malhotra, Group CEO, Quest Retail – The Body Shop, shares deep industry insights with ETRetail’s Anurag Sharma and discusses the emerging trends that are shaping the beauty industry…
  • United Spirits Q3 net profit surges 63.5% to Rs 350.2 cr
    24 Jan 2024, retail.economictimes.indiatimes.com
    ​USL CEO and MD Hina Nagarajan said: “We have delivered a resilient quarter in a challenging macro environment. While the sequential demand momentum was relatively muted, reassuringly, the premiumisation trend continues”…
  • Ashish Pandey joins Dabur India as Global CIO
    24 Jan 2024, retail.economictimes.indiatimes.com
    ​Pandey was most recently the CDTO of GSK Consumer Healthcare where he was responsible for the complete digital, and technology function in India Sub Continent. He held this position for over six years…
  • Ashish Pandey joins Dabur India as Global CIO
    24 Jan 2024, retail.economictimes.indiatimes.com
    ​Pandey was most recently the CDTO of GSK Consumer Healthcare where he was responsible for the complete digital, and technology function in India Sub Continent. He held this position for over six years…
  • Retailers go easy on expansion as slowing consumption bites
    24 Jan 2024, retail.economictimes.indiatimes.com
    ​India’s top retailers, including Reliance Retail, Titan Company, Avenue Supermarts, V-Mart Retail, and Shoppers Stop, have slowed down their store expansion this fiscal year. The slowdown is attributed to a focus on profitability and a saturated market with limited room for new outlets. Jefferies reported that Reliance Retail has reduced retail business capex and store additions have decreased…
  • Havells Q3 net profit inches up 1.5 pc at Rs 287.9 cr
    24 Jan 2024, retail.economictimes.indiatimes.com
    ​Its revenue from operations increased 6.93 per cent to Rs 4,413.86 crore during the period under review. It was Rs 4,127.57 crore in the corresponding quarter last fiscal…
  • Online retailer Boohoo names former Zoopla executive Stephen Morana as new CFO
    24 Jan 2024, retail.economictimes.indiatimes.com
    ​Confirming that trading was in line with market expectations, Boohoo said that McCabe’s departure was “by mutual agreement and with immediate effect”…..
  • Ram-splendent: Idol sparkles with crores worth of gold, gemstone jewellery
    24 Jan 2024, retail.economictimes.indiatimes.com
    ​132 craftsmen worked tirelessly to create a stunning jewellery collection for the main idol of Ram Lalla. The collection features 14 pieces, including a mukut, tilak, emerald ring, ruby ring, and various necklaces and bracelets. It is adorned with 18,567 diamonds, 2,984 rubies, 615 emeralds, and 439 uncut diamonds, all ethically sourced and certified by the International Gemological Institute…
  • Samsung targets premium users
    24 Jan 2024, livemint.com
    ​Samsung India to focus on the upper spectrum of premium customers with its first online-to-offline store in Mumbai, spanning 8,000 sq. ft and featuring all of the electronics major’s products under one roof, as it aims to increase its sales from the offline market…
  • Pride Hotels Group Sets the Tone for Sustainable Hospitality with In-House Bottling Plant
    24 Jan 2024, indianretailer.com
    ​In a groundbreaking move towards environmental responsibility, Pride Hotels Group has achieved a noteworthy milestone by inaugurating its first in-house bottling plant at Pride Plaza Hotel Aerocity, New Delhi…
  • The Brick-and-Mortar Renaissance: From Shelves to Stages in the Age of Online Shopping
    24 Jan 2024, indianretailer.com
    ​Remember the dire pronouncements of e-commerce’s prophets? The brick-and-mortar obituary scribbled on napkins, the elegiac pronouncements about the slow, inevitable fade of physical stores? Well, hold onto your..
  • Q3 FY24 Corporate Showdown: Winners & Losers Emerge Among Indian Industry Titans
    24 Jan 2024, retail.economictimes.indiatimes.com
    ​In the third quarter of fiscal year 2023-24, major Indian corporations from diverse sectors have unveiled their financial performances, offering a fascinating tapestry of strategies and strengths…
  • Q3 FY24 Corporate Showdown: Winners & Losers Emerge Among Indian Industry Titans
    24 Jan 2024, indianretailer.com
    ​In the third quarter of fiscal year 2023-24, major Indian corporations from diverse sectors have unveiled their financial performances, offering a fascinating tapestry of strategies and strengths…
  • The Thriving Future of Local Retail in 2024
    24 Jan 2024, indianretailer.com
    ​For decades, the narrative surrounding retail painted a bleak picture for local businesses. The rise of megastores and the convenience of online shopping seemed to spell doom for quaint shops and bustling marketplaces…
  • Oberoi Realty’s net profit dips 48.74% in Q3 FY24
    23 Jan 2024, realty.economictimes.indiatimes.com
    ​Oberoi Realty’s consolidated total income stood at Rs 1,082.85 crore in Q3 FY24, a dip of 34.43 per cent from Rs 1,651.50 crore it recorded in the similar quarter last year…
  • Gulshan Homz buys 2.5-acre land in Noida for Rs 150 crore
    23 Jan 2024, realty.economictimes.indiatimes.com
    ​The company, which has another commercial project in the same sector, plans to develop one million square feet there…
  • Udaan announces senior-level organizational changes as Group CFO Aditya Pande exits
    23 Jan 2024, retail.economictimes.indiatimes.com
    ​As Aditya Pande transitions, the foundation laid during his tenure will enable udaan to tap future growth opportunities, capitalize on scale, and leverage cost synergies. ​These changes are in line with the company’s commitment to drive profitable growth and continue strengthening core capabilities while driving efficiency with excellence agenda, the company said in a statement…
  • ​​Colgate-Palmolive net profit rises 35.7% to Rs 330.11 crore in Q3 FY24
    23 Jan 2024, retail.economictimes.indiatimes.com
    ​Prabha Narasimhan, managing director and CEO of Colgate Palmolive said, “Our current performance underscores the effectiveness of our strategy, focus on technology, securing the right talent, and efforts in governance and cost management. These initiatives have yielded consistent growth for the company, with our toothpaste segment achieving double-digit growth and positive volume expansion.”..
  • Ayodhya Ram Mandir: Q-commerce, food delivery cos customise to deliver spiritual bliss
    23 Jan 2024, retail.economictimes.indiatimes.com
    ​Q-commerce majors Zepto, Swiggy Instamart and Blinkit have added categories such as ‘Ram Mandir Inauguration’, ‘Light Up Your Pooja Corner’, and ‘Light Up & Celebrate’ on their respective applications to lure customers…
  • Ludhiana’s hosiery players stare at losses due to weak demand, lack of repeat orders for winter wear
    23 Jan 2024, retail.economictimes.indiatimes.com
    ​Hosiery goods manufacturers also blame dumping of China-made winter wear items, available at much lower prices, for adding to their woes…
  • Indian FMCG sector is stronger than in the rest of the world
    23 Jan 2024, thehindubusinessline.com
    ​FMCG is still the largest spender on advertising in India by a distance, and advertising is the lifeblood of the FMCG industry, says Sudhir Sitapati..
  • Coffee prices rise at faster pace on growing demand, unseasonal rains
    23 Jan 2024, retail.economictimes.indiatimes.com
    ​The increase in coffee prices has accelerated due to factors like unseasonal rainfall, a labor shortage, and growing demand, particularly among urban youth after the COVID-19 pandemic, according to experts. The unseasonal rainfall has caused damage to coffee crops, and a shortage of labor has slowed down the harvest process…
  • Cloud kitchens or restos, no non-veg on the menu today
    23 Jan 2024, retail.economictimes.indiatimes.com
    ​“Restaurants across the state have taken a unanimous decision to serve only vegetarian food on Monday. We must honour the government’s order. After all, it’s such a huge event that is being organised in Ayodhya,” said Varun Khera, who heads the National Restaurant Association of India in UP…
  • Industrial & logistics space demand hit record in 2023 at 38.8 mn sq ft in 8 cities: CBRE
    23 Jan 2024, retail.economictimes.indiatimes.com
    ​Demand for industrial and logistics spaces in major Indian cities reached an all-time high in 2023, with leasing activity growing by 8%. CBRE’s latest report highlights the rise in leasing of industrial and logistics spaces, driven by demand from third-party logistics (3PL) companies. The report also emphasizes the influence of 3PL players, who accounted for 45% of the leasing activity. Rental values in prominent micro-markets across cities witnessed an annual rise, except in Kolkata…
  • Good Glamm Group inks three-year exclusive brand partnership deal with Dharma Productions
    23 Jan 2024, retail.economictimes.indiatimes.com
    ​Direct-to-consumer company Good Glamm Group partners exclusively with Dharma Productions for three years. Good Glamm’s beauty brands will be featured in movie and OTT placements. The partnership aims to build long-term brand platforms and promote movies through Good Glamm’s brand assets. Good Glamm is in talks with other production houses and studios for similar deals. The company plans to achieve profitability in the next two quarters and aims for a successful IPO by Diwali 2025…
  • Retail India News: PMJ Jewels Elevates Khammam’s Jewellery Scene with New Store
    23 Jan 2024, indianretailer.com
    ​PMJ Jewels has inaugurated its latest store in Khammam. The inaugural event was graced by Mallu Nandini, wife of Hon’ble Deputy CM, Mallu Bhatti Vikramarka, as the chief guest, and P Neeraja, Mayor, KMC, as the guest of honor…
  • Ram Mandir Fervour: Ornaments Inspired by Lord Ram Sweeps the Nation
    23 Jan 2024, indianretailer.com
    ​Jewelry brands across the country are experiencing a surge in the purchase of gold and silver ornaments inspired by Lord Ram and the Ramayana. From Ram Temple coins to Ramayana-inspired jewelry, the increase in demand is expected to continue for the next few weeks…
  • A Consumer Renaissance Beckons in 2024
    23 Jan 2024, indianretailer.com
    ​As the sun sets on a pandemic-clouded era, the retail and consumer landscape shimmers with the promise of a resplendent resurgence in 2024…
  • The Fall of a Retail Giant: Future Retail Heads for Liquidation
    23 Jan 2024, retail.economictimes.indiatimes.com
    ​Future Retail, once a beacon in India’s retail landscape, stands on the precipice of liquidation. This isn’t just the story of a company’s downfall; it’s a saga of missed opportunities, changing landscapes, and the brutal realities of India’s complex retail ecosystem…
  • The Healing Power of Retail Therapy: Insights and Impacts in the Retail Industry
    22 Jan 2024, indianretailer.com
    ​In our fast-paced world, stress has become a ubiquitous part of everyday life. Amidst the chaos, a unique form of solace has emerged: retail therapy…
  • The Revolution of Billing Software in Retail Shops
    22 Jan 2024, indianretailer.com
    ​In the ever-evolving landscape of retail business, the advent and advancement of billing software have played a pivotal role in transforming operations…
  • The Evolution of Shopping Centre Design and Architecture
    22 Jan 2024, indianretailer.com
    ​The retail landscape has experienced a remarkable metamorphosis, transitioning from simple marketplaces to majestic shopping centres that are now prominent features of urban skylines globally…
  • Fortifying Retail Data Security in the Digital Age of 2024
    22 Jan 2024, indianretailercom
    ​Imagine strolling through a bustling marketplace, not just browsing goods but surrendering a digital treasure chest – your personal information. In the digital age, retail thrives on data, amassing details from purchase histories to browsing habits…
  • From Storefronts to Screens: Navigating the Retail Gig Economy in 2024
    22 Jan 2024, indianretailer.com
    ​The retail landscape is undergoing a tectonic shift, driven by a confluence of technological advancements, evolving consumer preferences, and a post-pandemic world grappling with redefined priorities…
  • The Role of Supply Chain in Perfecting the Omnichannel Retail Strategy
    22 Jan 2024, indianretailer.com
    ​Picture a homeowner eager to spruce up their backyard with new patio furniture. Preferring to shop online, they scroll through options from different home improvement stores on the web and compare products…
  • How the Second-Hand Market is Reinventing Retail in 2024
    22 Jan 2024, indianretailer.com
    ​Forget dusty attics and rummage sales. The second-hand market is undergoing a dramatic makeover, shedding its flea-market skin and strutting into the spotlight as a vibrant, booming force reshaping the retail landscape of 2024…
  • How Sustainability Sprouts in Retail 2024 and Beyond
    22 Jan 2024, indianretailer.com
    ​Imagine a world where shopping isn’t just about acquiring treasures, but about nurturing the planet itself. Where aisles shimmer with eco-friendly products, packaging transforms into vibrant gardens, and every purchase whispers a promise of positive change…
  • The Rise of Contactless Payments and Digital Wallets in Retail 2024
    22 Jan 2024, indianretailer.com
    ​Imagine strolling through a bustling marketplace, laden with baskets brimming with fresh produce and vibrant fabrics. The air buzzes with conversation, and the scent of spices dances in the sunlight…
  • How Retail Analytics Transforms Strategy in 2024
    22 Jan 2024, indianretailer.com
    ​The year 2024 marks a critical inflection point in the retail landscape. The tides of change, fueled by e-commerce expansion, smart device ubiquity, and insatiable consumer demand for hyper-personalized experiences, are surging at an unprecedented rate…
  • Business is booming in Ayodhya’s kirana stores
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​Kirana stores in Ayodhya have stocked up 32% more products compared to last year, anticipating increased demand from the Ram temple inauguration. In contrast, orders placed by mom-and-pop stores with FMCG companies in India remained flat. The inventory of summer products like beverages has increased by 60%, while chocolates, packaged food, and branded commodities have gone up by 23-52%. UP is the largest market for FMCG companies, and Ayodhya has the potential for growth similar to Tirupati. The demand is expected to be driven by tourists and devotees…
  • Building beauty & digital capacities HUL’s top priority
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​”The beauty care market will grow exponentially and create way more value in the decades to come if its per capita consumption is anywhere near even Southeast Asia, forget China. So the primary motive for doing this is to create the focus and specialisation for different competitive sets. Some of them are indeed digital, but digitalisation is more secural and more pervasive, not just to do with a specific segment of players,” Jawa told investors on an earnings call…
  • Reliance Retail Q3 results: JioMart seller base jumps 3X YoY
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​For the third quarter, Reliance Retail posted a record-high revenue of Rs 83,063 crore, reporting a 22.8 per cent YOY jump. The retail giant’s net profit for the quarter stood at Rs 3,165 crore…
  • P&G to recast ops to get more agile, speed up growth
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​The company may evaluate the possibility of having a more simplified operating structure that integrates portfolios and combines the heft of the supply chain with a leaner cost structure. This was internally announced on Thursday last week…
  • Lite Bite Foods’ revenue doubled over the last 2 years, says CEO Ranjith Paliath
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​The company opened its 18th store of YouMee in Dlf CyberHub this month. On the sidelines of the launch, Paliath shared that Lite Bite Foods plans to double YouMee’s presence in the next 3-5 years…
  • Jewellers come up with new collections to commemorate Ram temple consecration
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​Jewellery retailers in Kolkata are embracing the Ram Temple consecration, unveiling collections like Senco Gold & Diamonds’ ‘SiyaRam’ and Kalyan Jewellers’ ‘Nimah’. Capturing the essence of devotion, these designs commemorate Lord Ram and Sita’s coronation, blending heritage with contemporary flair in anticipation of the Ram Mandir inauguration…
  • From gold jewellery to smartphones: Consumer appetite for premium products drives sales resurgence
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​In electronics, smartphone sales bounced back after five quarters of decline, driven by high sales of premium models such as Apple iPhones and Samsung Galaxy S23 series, and demand for large screens during the cricket world cup helped TV sales volume grow by 8-9% on year – up from 2% growth during January to September – last quarter, industry executives said…
  • Ram Mandir: Demand for gold and silver Ram Mandir coins, statues shines
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​Jewellers in Uttar Pradesh are witnessing strong sales of Ram temple coins, Ram Darbar statues in gold and silver, and other related articles ahead of the consecration ceremony in Ayodhya. Ayodhya-based Rajan Jewellers reported a surge in the sale of gold coins with images of the Ram Mandir, from an average of five to 20-25 daily…
  • House of Biryan to open 40 new locations in 18 months, says CEO Mohammed Bhol
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​House of Biryan plans an ambitious expansion with over 40 new locations in the next 18 months, fueled by a $1 million capital injection from investors like Softbank and Goldman Sachs…
  • Bengaluru: Shops, commercial establishments asked to get Kannada signages by February 28
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​BBMP issues notices to shops, malls, and commercial establishments in Bengaluru to display Kannada language on signboards by February 28; authorities had previously set a deadline for 60% Kannada language on signboards; Chief Minister Siddaramaiah and Union Minister Pralhad Joshi appeal for compliance; protest rally turns violent resulting in vandalism; more than 50 Kannada activists arrested; establishments targeted include Starbucks, Third Wave, Toyota, House of Masaba, Forest Essentials, Theobroma; over 34,262 notices issued so far…
  • Electronics exports grow at record 22 per cent in April-December
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​India’s electronics exports experienced a remarkable growth of 22.24%, surpassing the $20 billion mark in the first nine months of FY24. The surge was driven by the booming smartphone shipments, notably Apple’s iPhone. According to the India Cellular and Electronics Association (ICEA), mobile phone exports reached $10.5 billion during April to December 2023, constituting 52% of total electronics exports…
  • India’s smartphone market sees 2% drop in 2023, shipped 148.6 mn units: Report
    22 Jan 2024, retail.economictimes.indiatimes.com
    ​India’s smartphone market has maintained stability with 148.6 million shipments overall in 2023, witnessing a minor drop of two per cent, a new report has said…
  • NCR Realty Market Saw 46% YoY Expansion In Area Sold In FY23
    20 Jan 2024, rprealtyplus.com
    ​The National Capital Region (NCR) real estate market saw a significant 46% YoY expansion in area sold in FY2023, with total launches nearly doubling to 64 million square feet, says Rating Agency ICRA…
  • Anant Raj raises Rs 500 crore via QIP
    20 Jan 2024, realty.economictimes.indiatimes.com
    ​Company will use part of the funds raised to bring down the debt and for working capital requirements, according to a source…
  • Reliance Retail Q3 profit up 31.8% to Rs 3,165 cr; gross revenue at Rs 83,063 cr
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​The revenue from operations surged 23.75 per cent to Rs 74,373 crore in the December quarter of FY24. Gross revenue was up 22.83 per cent to Rs 83,063 crore. The retail arm of billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) posted a net profit of Rs 2,400 crore in the October-December quarter of FY2022-23, and its revenue from operations was Rs 67,623 crore…
  • HUL net profit rises 1.08% to Rs 2,508 cr in Q3 FY24; sales down 0.35% to Rs 15,259 cr
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​On the Q3 FY24 results Rohit Jawa, CEO and managing director commented, “HUL has delivered another quarter of resilient performance with strong operating fundamentals amidst a challenging operating environment. Our focus on providing the right consumer value, excellence in execution, increased investments behind brands and capabilities, premiumisation and market development continues to serve us well. Looking forward we expect gradual recovery in market demand to continue aided by increased Government spending, recovery in winter crop sowing and better crop realization.”…
  • Tata Consumer to raise Rs 6,500 crore to fund twin acquisitions
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​Following a board meeting, the company announced that it will raise funds through the issuance and allotment of commercial papers for an amount not exceeding Rs 3,500 crore, to be utilized for bridge funding to facilitate the payment of consideration for proposed acquisition of stakes in Capital Foods Private and Organic India…
  • PepsiCo announces Jagrut Kotecha as new India chief
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​Jagrut Kotecha is appointed as the new India chief of PepsiCo India. Ahmed El Sheikh will move on from his role as CEO for the Middle East Business Unit. PepsiCo’s snacks business, which includes Lays and Doritos, declined in the quarter to September 2023. Kotecha, with extensive experience in snacks, is chosen to bolster PepsiCo India’s snacks business. Kotecha previously worked at Cadbury India…
  • MamyPoko outpaces Pampers to become India’s top-selling diaper brand in FY23
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​Revenue of the Indian unit of Unicharm Corporation rose to Rs 3,612 crore in FY23, with the diaper segment accounting for 84%, or Rs 3,022 crore, according to its filing with the Registrar of Companies (RoC). In comparison, P&G’s diaper business clocked ?2,422 crore, or about 29% of its total business…
  • Going forward, Asian Paints may need to revise margin guidance in Q4 and Q1: Amit Syngle
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​Amit Syngle, MD & CEO of Asian Paints, discusses the softening of prices and the volatility in crude oil. He mentions that the company’s PBT-AT margin guidance of 18-20% is a good target going forward, but it may need to be revised in Q4 and Q1. He also addresses concerns about increased competition and market share changes, stating that new entrants in the industry are unlikely to make a significant impact…
  • Ecommerce clicks dip in December, triggering growth concerns
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​Across categories—from electronics and accessories to fashion and household items–there was a slowdown in December, a top industry executive said, adding the dip was steeper than usual after a festive month. The ongoing Republic Day sales, however, have brought some respite to online shopping platforms, with a spike in consumption demand as per early trends…
  • Senco becomes first Indian jewellery brand to join ONDC Network
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​Kolkata-based jewellery brand, Senco Gold & Diamonds, made a significant announcement on Friday. They proudly revealed that they have become the first Indian jewellery brand to join the Open Network for Digital Commerce (ONDC) Network. This integration marks a crucial step for Senco Gold and Diamonds, as it will now make their extensive catalogue accessible on multiple shopping apps within the growing ONDC Network…
  • Michael Burke named LVMH Fashion Group chairman and CEO
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​Burke – chairman and CEO Bernard Arnault’s longest-serving lieutenant – replaces long-time Fashion Group head Sidney Toledano, who was named advisor to Arnault and will exit the company’s executive committee. Burke, 66, was CEO of LVMH’s biggest label Louis Vuitton until a year ago, headed labels Fendi and Bulgari and served as chairman of the board of Tiffany, LVMH’s largest acquisition…
  • Birkenstock Q4 Results: Company beats revenue expectations on strong demand
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​Birkenstock beat analysts’ expectations for fourth-quarter sales and forecast annual revenue above estimates on Thursday, in the German luxury sandal maker’s first results since going public, betting on higher pricing and strong demand…
  • Cycle of local players entering market almost over, says HUL’s Rohit Jawa
    20 Jan 2024, moneycontrol.com
    ​The cycle of local players returning to the market is over by and large, said Rohit Jawa, chief executive officer of Hindustan Unilever (HUL) on January 19…
  • IMAX posts record India box-office earnings in 2023
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​IMAX Corporation, headquartered in Canada, achieved its highest box-office earnings in India in 2023, generating $23.1 million from both Hollywood and Indian films. This success was attributed to an increase in admissions and ticket pricing. The box-office collections for Indian titles amounted to $6.46 million, and IMAX helped Indian films collect $15.74 million in global box-office receipts…
  • Indian dairy firm Hatsun Agro’s Q3 profit rises 24%, slowest in three quarters
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​HATSUN-AGRO-Indian dairy firm Hatsun Agro’s Q3 profit rises 24%, slowest in three quarters..
  • How Mukesh Ambani & Family are navigating change at India’s biggest firm
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​The past year has marked RIL’s foray into finance and its plan to dominate the media and entertainment as it heads towards merging its media business with Walt Disney. It is already India’s largest retail and digital player. As India is on track to become the world’s third-largest economy, RIL Chairman Mukesh Ambani believes his company too can rise globally to be among the top 10 global conglomerates. This rise will come from the transformation of the company through digital, retail and green energy businesses…
  • Deal values in India plunge to $66 billion in 2023, investors cautious, reports Grant Thornton
    20 Jan 2024, livemint.com
    ​There was a significant drop in deal values in India for the year 2023, reaching $66 billion, marking a decrease of over 50 percent, a recent report from consultancy firm Grant Thornton Bharat found…
  • WoodenStreet Expands Retail Footprint with 7th Store in Hyderabad
    20 Jan 2024, indianretailer.com
    ​In a strategic move to cater to the escalating demand for quality furniture, WoodenStreet, a prominent player in the furniture industry celebrated for its inventive designs, proudly unveils its 7th store in Hyderabad…
  • Expanding Horizons: Merchandising, a Way to Revive Esports Retail Market in India
    20 Jan 2024, indianretailer.com
    ​During and after the COVID era, it was considered a golden period for the Indian gaming industry. However, one must not overlook how the growth of the Indian esports industry struggled to grow, causing financial challenges for esports team owners in the country…
  • How the Second-Hand Market is Reinventing Retail in 2024
    20 Jan 2024, indianretailer.com
    ​Forget dusty attics and rummage sales. The second-hand market is undergoing a dramatic makeover, shedding its flea-market skin and strutting into the spotlight as a vibrant, booming force reshaping the retail landscape of 2024…
  • How Blockchain Builds Trust in the Retail Maze of 2024
    20 Jan 2024, indianretailer.com
    ​Imagine navigating a bustling marketplace, not just sifting through products, but peering into their provenance, witnessing their journey from field to shelf with unflinching clarity…
  • How Sustainability Sprouts in Retail 2024 and Beyond
    20 Jan 2024, indianretailer.com
    ​Imagine a world where shopping isn’t just about acquiring treasures, but about nurturing the planet itself. Where aisles shimmer with eco-friendly products, packaging transforms into vibrant gardens, and every purchase whispers a promise of positive change…
  • The Rise of Contactless Payments and Digital Wallets in Retail 2024
    20 Jan 2024, indianretailer.com
    ​Imagine strolling through a bustling marketplace, laden with baskets brimming with fresh produce and vibrant fabrics. The air buzzes with conversation, and the scent of spices dances in the sunlight…
  • How Retail Analytics Transforms Strategy in 2024
    20 Jan 2024, indianretailer.com
    ​The year 2024 marks a critical inflection point in the retail landscape. The tides of change, fueled by e-commerce expansion, smart device ubiquity, and insatiable consumer demand for hyper-personalized experiences, are surging at an unprecedented rate…
  • How Avishek Bambi Das Guided Mumbai Duty Free to Whopping Double-Digit Growth!
    20 Jan 2024, indianretailer.com
    ​In a world where the duty-free retail market is skyrocketing at a dizzying CAGR of 20.47 percent, Mumbai Duty Free emerges as the undisputed rockstar, riding the waves of India’s travel retail market that is set to hit $1.3 billion in revenue this year!…
  • Shah Rukh Khan Partners with Tide in a Stain-Removal Saga
    20 Jan 2024, indianretailer.com
    ​In a strategic move that blends Bollywood glamour with laundry excellence, Tide has unveiled its latest innovation: the NEW and IMPROVED Tide with boosted magnets, designed to conquer deep-seated stains like tea, coffee, oils, and gravy…
  • Senco Gold and Diamonds Honors Spiritual Heritage with SiyaRam Collection
    20 Jan 2024, indianretailer.com
    ​Senco Gold and Diamonds has introduced the special ‘SiyaRam Collection.’ This collection emerges as an artistic tribute coinciding with the inauguration of the Ram Mandir in Ayodhya on January 22. ..
  • The Ethical Shopping Revolution and How Retailers are Adapting in 2024
    20 Jan 2024, indianretailer.com
    ​Gone are the days of mindless consumption solely driven by price tags and fleeting trends. Today’s shopper is more informed, more empowered, and more ethically conscious than ever before…
  • Charting the Trajectory: India’s E-Retail Market Poised to Soar Beyond $160 Billion by 2028
    20 Jan 2024, indianretailer.com
    ​India’s e-retail market is estimated to scale to $57–$60 billion in 2023, adding $8–$12 billion annually since 2020. The market is estimated to grow by 17–20 percent from 2022 to 2023, which is slower than the 25–30 percent historic growth rate…
  • Embracing the Edge: Key AI and ML Trends Reshaping 2024
    20 Jan 2024, retail.economictimes.indiatimes.com
    ​The dawn of 2024 has brought with it an unparalleled evolution in the realms of Artificial Intelligence (AI) and Machine Learning (ML). These technologies, once nascent and experimental, have now firmly entrenched themselves as pivotal cornerstones in the tapestry of modern innovation…
  • Land Acquisition Spree In 2023 With 97 Land Deals For 2707+ Acres
    19 Jan 2024, rprealtyplus.com
    ​The land acquisition spree of financially strong developers and entities continues, and 2023 was a stand-out year with several land deals closed…
  • Shoppers Stop’s net profit declines 41.2% to Rs 36.85 crore in Q3 FY24
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​Shoppers Stop’s total income increased 6.8 per cent year-on-year to Rs 1,240.88 crore in Q3 FY24 as compared to Rs 1,161.44 crore in the corresponding quarter of the last year, according to a regulatory filing…
  • Metro Brands’ net profit declines 12.6% to Rs 98.78 crore in Q3 FY24
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​Metro Brands’ revenue from operations increased 6.14 per cent to Rs 635.50 crore during the quarter (Q3 FY24) under review against Rs 598.71 crore in the year-ago period. MBL’s total expenses rose 11.77 per cent to Rs 515.53 crore in the December quarter…
  • ETRetailGIRS : What’s Next for Mall | V Muhammad Ali, CEO, Forum Malls, Prestige Group
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​V Muhammad Ali, CEO of Forum Malls, Prestige Group on the how food and FEC have become the crowd-puller for the malls…
  • Bharat brand of products: Franchise route for govt retail stores on the cards
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​Last month the government opened its first two stores at Delhi’s Rajiv Chowk metro station, to tap into the high footfall it receives. These are owned by the National Cooperative Consumers’ Federation of India (NCCF), which procures agricultural commodities like food grains, pulses, spices, oil seeds, onions and other consumer goods on behalf of the government and sells to consumers at reasonable rates…
  • With AI, smartphone will become even smarter: JB Park, president and CEO, Samsung Southwest Asia
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​India is the most strategic market for Samsung. Smartphone or consumer electronics penetration is still not 100%. So that is going to be the number one priority-how do we reach out to consumers who still do not have a refrigerator or TV or washing machine. The mobile phone is almost penetrated at 85%, I believe, but it will evolve in a different direction where premiumisation will kick in, a mass of under-₹15,000 users will now migrate up to ₹25,000, then ₹40,000 price point, says JB Park. ..
  • Gem and jewellery exports face downturn: FY24 witnesses 20.78% YoY drop amid global economic challenges
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​Gem and jewellery exports in FY24’s April-December plunged by 20.78% YoY to USD 22.7 billion, attributing the decline to global economic challenges and geopolitical factors. The import of gems and jewellery also saw a 22.43% YoY decrease. Notably, rough diamonds imports fell by 23.51%, while cut and polished diamond exports declined by 28.27%. Lab-grown diamonds, previously on the rise, experienced a 22.97% dip in gross exports. Despite the current setback, industry experts, including Colin Shah of Kama Jewelry, anticipate a gradual recovery from the 3rd quarter of FY25…
  • Deepika Padukone’s 82°E to focus on category, channel expansion
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​Sharing the company’s plan of action for 2024, Shah said, “We are seeing growth in 2024 happening across 3 areas – adding more products, channel expansion, both online and offline, and geography expansion, globally.”.
  • Bharat-focused e-commerce platform BuyEazzy raises $4.25 million in Series A funding
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​BuyEazzy said the funds raised will be utilized to expand its presence to over 40 cities over the next 15 months, onboarding more than two million offline users, and continuing to disrupt the traditional supply chain in Bharat. “We will focus on southern states in the near future and eventually move to other parts of the country,” the company shared…
  • IndiaMART InterMESH net profit drops 27.4% to Rs 81.82 crore in Q3 FY24
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​IndiaMART’s total income declined to Rs 346.88 crore in Q3 FY24 as compared to the total income of Rs 353.63 crore in Q3 FY23. Collections from customers grew to Rs 332 crore for the quarter and Deferred Revenue as of December 31, 2023 increased to Rs 1,270 Crore representing a YoY growth of 25%, as per the BSE filing…
  • Jewellers join the temple run, with Mandir souvenirs
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​From gold and silver coins depicting the Ram Darbar to Ramayana-inspired jewellery and miniatures of the new temple complex in Ayodhya, several large brands are in the process of launching their spiritual collections over the next few weeks. Kalyan Jewellers, one of the largest gold retailers in the country, will be opening a store in Ayodhya early in February. This showroom will have silver and gold coins from 4 – 30 grams on which Lord Rama will be the main deity…
  • Lee Cooper to end FY24 with net sales of over ₹600 crore in India
    19 Jan 2024, thehindubusinessline.com
    ​Lee Cooper India expects to end FY24 with net sales of over ₹600 crore on the back of high double-digit growth even as the apparel industry has been facing sluggish demand in recent times…
  • Sunny summer sales forecast, hopes of heavy poll-time spending drive consumer companies to go big on production
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​Private weather forecaster Skymet has predicted a normal monsoon this year with the ongoing El Nino, which dragged monsoon rains in 2023 to below-normal levels, expected to get softened. Also, the monsoon-supporting La Nina, triggered by the cooling of the Pacific Ocean, is likely to evolve during the latter half of the season, it said…
  • Daikin targets a turnover of Rs 100 crore from Northeast India in next fiscal year
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​The company has come with a new office in Guwahati. Kuldeepak Virmani, Senior Vice President & Executive Director, Daikin India who was in Guwahati on Thursday said, “We are doing turnover of Rs 50 Crore this year and we have target of making it to Rs 100 Crore in Northeast India. We see Northeast India as a potential market for Daikin, so we will continue to invest in developing the market with a view to secure market share”…
  • India smartphone market remains stable in 2023 as shipments fall 2% to 148.6 mn units: Canalys
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​Samsung was the market leader in Q4 2023 with 7.6 million units shipped for a 20% share, whereas for the full year, it clocked shipments of 28.4 million units and a 19% share…
  • Polycab India Q3 consolidated PAT rises 15% YoY to Rs 413 crore; revenue up 17%
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​Polycab India Q3 Results: Polycab India reported a double-digit growth in profit and revenue for Q3. Consolidated net profit rose 15.4% YoY to Rs 413 crore, while revenue from operations grew nearly 17% YoY to Rs 4,340 crore. EBITDA increased by 13% to Rs 569.20 crore. However, the operating margin shrunk by 44 basis points to 13.12%. Shares of Polycab India were trading 0.5% down at Rs 4,417…
  • The Sleep Company appoints Gaurav Shah as CFO
    19 Jan 2024, retail.economictimes.indiatimes.com
    ​Commenting on the appointment, Priyanka Salot, co-founder, The Sleep Company said, “Gaurav’s appointment aligns with our vision for strategic and operational foresight. His financial leadership will play a crucial role in realizing our goals.”..
  • India’s Thriving Recommerce Revolution
    19 Jan 2024, indianretailer.com
    ​India’s retail scene is experiencing a metamorphosis. While the allure of brand-new merchandise persists, a burgeoning trend is challenging the status quo: recommerce…
  • India’s Retail Revolution: Tier II Cities Emerge as New Frontiers for Major Retail Brands
    19 Jan 2024, indianretailer.com
    ​The heartbeat of India’s retail sector is changing, and the rhythm resonates in the Tier II cities. This isn’t just a trend; it’s a dynamic shift, a retail revolution that speaks volumes about the evolving consumer landscape and the foresight of major retail players…
  • Ayodhya Temple Run: Puja Samagri Takes a Big Bite Out of the Kirana Stores’ Pie
    19 Jan 2024, indianretailer.com
    ​The sacred land of Ayodhya, known for its deep-rooted cultural and religious significance, is on the brink of witnessing a historic event—the inauguration of the Ram Temple on January 22, 2024…
  • JBL’s PartyBox Ultimate Debuts, Sets New Standard in Audio Space
    19 Jan 2024, indianretailer.com
    ​Setting the stage for a larger-than-life auditory spectacle, JBL unleashes its latest marvel, the JBL PartyBox Ultimate, promising a more significant, superior, and bolder sonic experience…
  • From King of the Court to Lost in the Crowd: How Reebok Slipped Behind Adidas and Nike
    19 Jan 2024, indianretailer.com
    ​Reebok. The name once conjured images of iconic sneakers like the Freestyle and Pump, dominating the athletic scene and carving a niche in fashion…
  • The Art of Allure: Attracting Affluent Shoppers in a Crowded Marketplace
    19 Jan 2024, indianretailer.com
    ​In the world of retail, the siren song of affluent shoppers rings loud and clear. Their discerning tastes, disposable income, and brand loyalty hold the promise of significant revenue and prestige…
  • From Dorm Room Brainstorm to Unicorn Status: The Electrifying Journey of Zepto
    19 Jan 2024, indianretailer.com
    ​Zepto The name itself evokes a sense of speed, a blur of movement – and that’s precisely what this Indian quick commerce startup has redefined. In just two years, Zepto has gone from a twinkle in two young minds’ eyes to a billion-dollar behemoth, rewriting the grocery delivery game with its promise of 10-minute lightning deliveries…
  • Pride of Cows’ Premium Ghee Elevates Ayodhya Ram Mandir Consecration
    19 Jan 2024, indianretailer.com
    ​In a cultural tapestry that weaves together tradition and modernity, Pride of Cows, the Single Origin Milk brand of Parag Milk Foods, has made a significant donation of premium ghee to The Tirumala Tirupati Devasthanams (TTD)…
  • The Rise of Retail Giants: Upcoming Biggest Malls in India
    19 Jan 2024, indianretailer.com
    ​India’s retail landscape is witnessing a monumental shift, with colossal shopping malls emerging across the country. These behemoths aren’t just about retail therapy; they’re redefining the urban experience, integrating leisure, entertainment, and community spaces into their architectural tapestry…
  • RAK Ceramics’ Pivotal Role in Ayodhya’s Ram Mandir Architectural Triumph
    19 Jan 2024, indianretailer.com
    ​In the realm of prestigious projects across India, RAK Ceramics has etched a storied history, leaving its mark on iconic landmarks such as the Kashi Vishwanath temple complex, the UP PWD project, and major airports in Lucknow, Chennai, Bangalore, and Delhi…
  • Navigating the Retail Jungle: Unveiling the Differences Between Supermarkets and Department Stores
    19 Jan 2024, indianretailer.com
    ​In the bustling world of retail, two behemoths reign supreme: supermarkets and department stores. Both offering a plethora of products under one roof, they can, at first glance, appear interchangeable…
  • Carat Crush’s ‘Daily Diamonds’ as Timeless Style Statements
    19 Jan 2024, indianretailer.com
    ​In a world inundated with transient trends, Carat Crush emerges as a beacon of enduring style, where each piece seamlessly integrates into daily life, transforming from a mere accessory to a statement of refined taste…
  • Miraggio Plans Flagship Stores & Airport Presence in Strategic Offline Expansion
    19 Jan 2024, indianretailer.com
    ​Miraggio, a handbag brand, was founded with a clear mission – to provide modern, aspirational fashion to the youth at an affordable price. At the heart of the brand’s strategy is a customer-centric approach, constantly adapting to changing trends and prioritizing quality…
  • Brand bazaar lights up road to Ayodhya
    18 Jan 2024, retail.economictimes.indiatimes.com
    ​Companies like Coca-Cola, Reliance, ITC, and Emami are rushing to get maximum visibility for their products in Ayodhya, ahead of the Ram temple consecration on January 22. They are setting up coolers, signboards, vending machines, and branded gates in shops, dhabas, and parks. Coca-Cola has even changed its branding colors to match the temple theme. Dabur is tying up with dhabas to create activity zones and experience centers for pilgrims to sample their products…
  • Cold wave heats up sales of winter products but it won’t be enough to push overall winter sales
    18 Jan 2024, retail.economictimes.indiatimes.com
    ​Consumer goods companies report increased sales of winter products like moisturizer, lotion, honey, woolen apparel, geyser, and room heaters due to the recent cold wave. However, the late onset of the season and warm December have affected overall winter sales, which were previously down by 5-10% in December. ..
  • Stanley Lifestyles eyes expansion in major metro cities with offline store model; targets Rs 550 crore revenue in FY25
    18 Jan 2024, retail.economictimes.indiatimes.com
    ​”We cater to the premium-luxury segment, our products are priced on the higher side which is why we would like to stick to selling offline as it suits better to the customer. They also always like to come to the store to have a look and feel of the product before purchasing,” Stanley Lifestyles’ MD said…
  • Reliance Retail brings international skincare brand Allies of Skin to India
    18 Jan 2024, retail.economictimes.indiatimes.com
    ​Nicolas Travis, founder of Allies Group, which owns the brand Allies of Skin, stated that India’s expanding spending power and vast market potential present the business with numerous opportunities. Initially, the brand will concentrate on tier one cities, and once established, it will consider tier two and three locations. “We have a bullish outlook on India,” Travis continued…
  • Speciality Restaurants reports 7.8% decline in net profit to Rs 14.17 crore in Q3 FY24
    18 Jan 2024, retail.economictimes.indiatimes.com
    ​However, Speciality Restaurants’ total income increased to Rs 122.61 crore in Q3 FY24 as against the total income of Rs 105.57 in Q3 FY23. As per the BSE filing, its total expenses also rose to Rs 107.04 crore in Q3 FY24 as compared to Rs 90.89 crore in the same quarter last fiscal.​​​​​..
  • Asian Paints tops Q3 profit view on strong decorative business
    18 Jan 2024, retail.economictimes.indiatimes.com
    ​Consolidated net profit rose about 35% to 14.48 billion rupees ($174.15 million) in the quarter ended Dec. 31, it said in a filing, surpassing analysts’ expectations of 14.04 billion rupees on an average, as per LSEG data…
  • Retailers in a fix as discounts fail to draw buyers
    18 Jan 2024, retail.economictimes.indiatimes.com
    ​”There is definitely a stress in the mass value segment and everyone was expecting EOSS to provide much needed momentum to the sale. But the growth is tepid and we are hoping the summer will be better,” said Manish Kapoor, managing director of Pepe Jeans…
  • Demand for silver idols & coins of Ram surges
    18 Jan 2024, retail.economictimes.indiatimes.com
    ​“The demand has shot up in the city jewellery market to the extent that we have booked orders from Delhi, Mumbai, Kolkata, Meerut, Kanpur and Chennai. We have already sold items worth over Rs 5 crore,” said Dinesh Singh, president of Allahabad Jewellers Association…
  • Uber cuts off Drizly, the alcohol delivery app it bought for $1.1 billion three years ago
    18 Jan 2024, retail.economictimes.indiatimes.com
    ​In a prepared statement, Uber’s senior vice president of delivery Pierre Dimitri Gore-Coty said that the company decided to close Drizly’s business and “focus on our core Uber Eats strategy of helping consumers get almost anything – from food to groceries to alcohol – all on a single app.”..
  • Ellementry sets sights on 80 stores in 3 yrs, bets on mfg to retail model
    18 Jan 2024, retail.economictimes.indiatimes.com
    ​While Ellementry is present in most leading e-commerce platforms like Amazon, Myntra, Nykaa, Tata Cliq among others and shop-in-shop stores, it wants to leverage the power and pull of physical stores to entrench itself against established brands like Fabindia, Home Centre, Good Earth, etc…
  • Sunday Design Celebrates Fusion of Italian and Indian Elegance at Bengaluru Flagship Store Launch
    18 Jan 2024, indianretailer.com
    ​Sunday Design, the global furniture and home décor brand, celebrated the convergence of Italian and Indian design and craftsmanship in its newly launched flagship store in Bengaluru…
  • Indian Consumers Move Towards Healthier Alternatives
    18 Jan 2024, indianretailer.com
    ​As India grapples with the alarming rise in lifestyle-induced health issues, the significance of adopting healthier dietary choices is becoming increasingly apparent…
  • Mamaearth Hits Century Mark with Latest Mumbai Store Launch!
    18 Jan 2024, indianretailer.com
    ​In a glamorous affair at Mumbai’s lively R-City Mall, Mamaearth, the trailblazing brand under Honasa Consumer Limited, celebrated a milestone moment – the inauguration of its 100th Exclusive Brand Outlet (EBO)…
  • From Red Carpet to Your Cart: Rocky Star’s Seamless E-commerce Evolution
    18 Jan 2024, indianretailer.com
    ​It is an enchanting realm, where fabrics weave dreams and style reigns supreme. In this fascinating world, one name stands out as the maestro who has orchestrated a symphony of glamour – Rocky Star…
  • The Essence of Sophistication: Top Perfume Brands in India for Men
    18 Jan 2024, indianretailer.com
    ​In the contemporary world, perfumes are not just about scent; they are a statement of personality, style, and sophistication, particularly for men. India, with its rich heritage and rapidly evolving fashion sensibilities, has become..
  • Shoppers Stop: Pioneering Retail Excellence in India
    18 Jan 2024, indianretailer.com
    ​Shoppers Stop, a household name in Indian retail, stands as a pioneer in modernizing India’s retail landscape. Established in 1991, this company has redefined shopping experiences, bringing a plethora of brands under one roof…
  • Top 10 Water Parks in India
    18 Jan 2024, indianretailer.com
    ​The Indian summer sun blazes with an intensity that demands a refreshing antidote. What better way to escape the scorching heat than by plunging into a vibrant aquatic playground? Water parks across the country beckon with thrilling slides, lazy rivers, and wave pools, promising laughter, excitement, and memories that will last a lifetime…
  • OmaxeThe Gap in India: Bridging a Changing Fashion Landscape
    18 Jan 2024, indianretailer.com
    ​The iconic blue box and casual cool apparel of Gap have long held a special place in the hearts of many around the world, including India. From its initial boom in the early 2000s to its recent comeback, Gap’s journey in India has been one of adaption, resilience, and a constant yearning to bridge the gap between its global identity and the evolving fashion landscape of the country…
  • Davaindia to Expand Nationally in Response to India’s $40.19 Bn Retail Pharmacy Surge
    18 Jan 2024, indianretailer.com
    ​In a strategic move to capitalize on the projected $40.19 billion national retail market of India by 2030, growing at a robust 9.9 percent CAGR from 2022…
  • Omaxe Group Timely Closure of Rs. 440 Cr Loan From Varde Partners
    17 Jan 2024, rprealtyplus.com
    ​Omaxe Group, India’s leading real estate development Group, announces the successful closure of the loan facility obtained by Omaxe Heritage Pvt. Ltd. from Varde Partners, much before its scheduled closure…
  • Urban Square Mall Brings Largest Bowling Alley To Udaipur
    17 Jan 2024, rprealtyplus.com
    ​Urban Square Mall, the premium shopping and entertainment destination in Udaipur, welcomed another global brand, LED Game Zone, with the ‘Hey Dark’ -themed bowling alley…
  • Nearly 35 Major Retail Brands Entered 14 Tier-II Cities In Jan-Sep’23
    17 Jan 2024, rprealtyplus.com
    ​CBRE South Asia Pvt. Ltd, India’s report highlights that nearly 35 major domestic and international retail brands entered 14 tier-II cities in the Jan-Sep’23 period…
  • ACE Group Introduces ACE 153 Commercial Development In Noida
    17 Jan 2024, rprealtyplus.com
    ​ACE 153 by Realty major ACE Group, encompasses avant-garde office spaces, high-street retail, a dedicated F&B pavilion, and lifestyle amenities spread over 88,000 sq. m. at Sector-153…
  • Nykaa’s lingerie brand Nykd hits Rs 100 cr revenue milestone
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​For its fashion arm, Nykaa includes 16 owned brands such as Twenty Dresses, Pipa Bella, RSVP, Nykd, Azai and more. Amongst these, Nykd, which positions itself in the mass-premium category, contributes the highest to the fashion business, Gupta stated…
  • Deals in consumer, retail fell by a third in 2023, transaction value down 9% – Grant Thornton Bharat
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​The number of deals through mergers and acquisitions and private equity funding in the consumer sector dropped to 331 last calendar year from 514 a year earlier while the drop in value was 9% lower at $8.6billion against $9.3 billion largely led by ecommerce sector even as textiles, durables and retail sector saw higher deal count, said the report shared exclusively with ET. ..
  • Mufti operator Credo Brands Marketing’s Q2 net profit rises 7.5% to Rs 27.9 crore
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​Kamal Khushlani, chairman and MD, Credo Brands Marketing Limited said, “Over the recent months, the retail sector experienced a slowdown owing to subdued consumer demand…
  • Tata CLiQ Luxury forays into pre-owned category
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​Leading“We are elated to launch a new category with the ReLoved Store, a one-stop destination for vintage and pre-owned luxury products. It heralds a transformative shift in the dynamics of luxury consumption, fuelled predominantly by the conscientious choices of today’s discerning consumers,” said Gopal Asthana, CEO, Tata CLiQ Luxury…
  • Titan Q3 Update: Company sees 22% revenue growth on strong all-round show
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​Titan added a total of 90 stores during the quarter, taking the group’s total presence to 2,949 stores. At the end of the September quarter, Titan had 2,859 stores…
  • After Nepal and Bhutan, Pepperfry to Enter Middle East
    17 Jan 2024, indianretailer.com
    ​In the recent past, there has been significant growth in real estate businesses in Dubai, with a strong focus on targeting Indians as consumers. Pepperfry is preparing to enter the Middle Eastern markets after establishing its presence in neighboring countries such as Nepal and Bhutan…
  • ColliersThe Unstoppable Rise of D2C Brands on National Start-Up Day
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​National Startup Day is a celebration of innovation, entrepreneurship, and the remarkable growth of startups in India. Among the dynamic players shaping this landscape are Direct-to-Consumer (D2C) brands, revolutionizing the retail industry…
  • Indian Retail’s Wishlist for Budget 2024, Anticipating 900 Million Users and a 20 pc Boost
    17 Jan 2024, indianretailer.com
    ​The consumer industry in India stands at the threshold of a monumental transformation, poised to become the world’s third-largest by 2027. With a retail market projected to reach a staggering $1.41 trillion by 2026 and the…
  • Gokyo Launches Women’s Trekking & Outdoor Apparel Crafted for Indian Women
    17 Jan 2024, indianretailer.com
    ​In a significant stride towards inclusivity and catering to the diverse needs of outdoor enthusiasts, Gokyo Outdoor Clothing and Gear has launched an exclusive women’s trekking pants and apparel collection tailored for the Indian women’s fit and the intrepid Indian women trekker and explorer…
  • Tata CLiQ Luxury Launches the ReLoved Store for Authentic Pre-Owned Products
    17 Jan 2024, indianretailer.com
    ​Tata CLiQ Luxury, India’s premier luxury lifestyle platform, forays into the pre-owned category with the launch of the ReLoved Store by bringing onboard its first partner, Jay’s Watch Store…
  • Circular Economy Vision: Coca-Cola and Reliance Retail Pilot PET Recycling in 36 Stores
    17 Jan 2024, indianretailer.com
    ​Coca-Cola India and Reliance Retail, India’s largest retailer, have jointly unveiled a sustainability initiative named “Bhool Na Jana, Plastic Bottle Lautana.”…
  • Miniklub Expands Retail Footprint, Present Across 28 cities with over 65 Exclusive Brand Stores
    17 Jan 2024, indianretailer.com
    ​MiniKlub, India’s leading children’s clothing brand, joyfully announces the grand inauguration of its newest store in Mathura. This latest addition to the MiniKlub family reflects the brand’s dedication to delivering quality, style, and..
  • Rannvijay Singh Achieves 10x Return on Burger Singh Investment Exit
    17 Jan 2024, indianretailer.com
    ​In a noteworthy financial triumph, renowned Indian television personality and astute investor Rannvijay Singh has recently realized a substantial 10x return on his partial divestment from the popular burger chain, Burger Singh. This strategic exit stands as a prominent success within Singh’s diverse investment portfolio, which spans various sectors, including food and beverage…
  • ITC director David Robert Simpson resigns
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​David Robert Simpson was on the ITC board as a representative of Tobacco Manufacturers (India) Ltd, a subsidiary of British American Tobacco plc…
  • Mother Dairy launches buffalo milk in Delhi-NCR at Rs 70/litre
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​In an interview with PTI on Tuesday, Mother Dairy Managing Director Manish Bandlish said, “We are launching buffalo milk at Rs 70 per litre. We are introducing this variant in Delhi-NCR.”..
  • Cold wave drives winter products sales in north and east
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​Till about this cold wave, sales of winter products were muted and had degrown by 5-10% year-on-year in December. Even if the current surge may not wipe out the entire losses, industry executives expect some winter categories may eventually post flat sales…
  • Tata CLiQ Luxury forays into pre-owned category
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​“We are elated to launch a new category with the ReLoved Store, a one-stop destination for vintage and pre-owned luxury products. It heralds a transformative shift in the dynamics of luxury consumption, fuelled predominantly by the conscientious choices of today’s discerning consumers,” said Gopal Asthana, CEO, Tata CLiQ Luxury…
  • Apple snatches top slot in global smartphone market from Samsung in 2023
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​Apple became the leader of the global smartphone industry in 2023 for the first time, driven by an all-time high, 20.1 per cent market share for the company, a new report said on Tuesday…
  • Smart wearable brand Fire-Boltt partners with Swiggy Instamart
    17 Jan 2024, retail.economictimes.indiatimes.com
    ​Fire-Boltt smartwatches products such as Quantum, Jewel, Rise, Solaris and others will be available to the customers under ‘Office and Electricals’ category on Swiggy Instamart…
  • Ikea plans 20% price cut in India
    17 Jan 2024, financialexpress.com
    ​Home furnishing brand Ikea is planning to bring down prices in India for its products, Juvencio Maeztu, deputy CEO and CFO, Ingka Group, said on Tuesday…
  • Leela Ambience Gurugram Welcomes Italian Culinary Maestro Carmine De
    17 Jan 2024, restaurant.indianretailer.com
    ​The Leela Ambience Gurugram Hotel & Residences has apponited Master Chef Carmine De Filippo from Italy…
  • GOPIZZA Makes Entry into Tamil Nadu
    17 Jan 2024, restaurant.indianretailer.com
    ​The brand aims to establish outlets in Pune, Delhi, Mumbai, Ahmedabad, Kolkata, and other significant Tier 2 cities, including Chandigarh, Jodhpur, Jaipur, and Kochi, in the coming years…
  • Conrad Pune Appointed Ramandeep Singh Kapur as Director of Operations
    17 Jan 2024, restaurant.indianretailer.com
    ​In this position, he showcased his proficiency in managing operations within a dynamic international airport setting, ensuring the delivery of exceptional services…
  • Wow! Momo Foods Secures Rs 350 Crore Funding Boost from Khazanah
    17 Jan 2024, restaurant.indianretailer.com
    ​They are expected to allocate an estimated capital expenditure of Rs 5,800 crore, leveraging the growing affordability and heightened consumer demand for fast foods…
  • Silvostyle by PNG Jewellers Signs Rasha Thadani as the New Face of the Brand
    17 Jan 2024, indianretailer.com
    ​Silvostyle by PNG has signed Rasha Thadani as the new face for its upcoming campaigns. The grand reveal of the latest campaign for the brand marks a significant moment in the brand’s journey, elevating its image to new heights of success. Incidentally, the brand is the very first in India to sign Rasha…
  • Birdhichand Ghanshyamdas Unveils Exquisite Festive Jewelry Collection
    17 Jan 2024, indianretailer.com
    ​Birdhichand Ghanshyamdas Jewellers, a renowned name synonymous with opulence and timeless craftsmanship, proudly unveils their latest jewelry collection…
  • Singapore Sneaker Retailer Limited Edt Opens First Overseas Store in India
    17 Jan 2024, rli.uk.com
    ​Singapore’s Limited Edt has opened its first-ever store in India, serving as the sneaker retailer’s debut overseas post…
  • Colliers India Appoints Ravi Shankar As MD, Residential Transaction Services
    16 Jan 2024, rprealtyplus.com
    ​Leading diversified real estate professional services firm, Colliers India, ventures into the residential business…
  • Ashwin Sheth Group Partners With Highbar Technocrat
    16 Jan 2024, rprealtyplus.com
    ​37 years of legacy in the business, Ashwin Sheth Group (ASG), a renowned brand name in the Indian real estate sector, is thrilled to announce the implementation of global technology leader, SAP S/4HANA along…
  • Wow! Momo Foods raises Rs 350 crore in funding from Khazanah
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​The investment will be made through both primary infusion and secondary purchase from early-stage investors, Indian Angel Network and Lighthouse Funds. Existing investor Oaks Asset Management also infused an additional Rs 60 crore in this round…
  • ETRetailGIRS: Emerging Brands of Bharat | Priyanka Salot, Co-Founder of The Sleep Company
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​Priyanka Salot, Co-Founder of The Sleep Company on essential do’s and don’ts in brand revolution…
  • Barista to double its retail presence to 800 outlets in next 5 years
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​Currently, out of the 400 stores that the brand operates, 30 per cent are company-owned and the remaining 70 per cent are run by franchise partners. However, going ahead, it plans to take this ratio to 50:50…
  • TCPL to tap pharma channels with Organic India, expand Capital Foods to oriental cuisine space
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​Combined with its own brand Sampann, under which it offers Indian food and spices, TCPL now aims to offer a wide gamut of the Indian culinary palate with Ching’s Secret, and Smith & Jones. “We now have the brands that were required to address the entire portfolio of the Indian consumer’s cuisines per se,” D’Souza told PTI…
  • BSH Home Appliances to increase its localisation efforts to 75 pc by 2025
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​”We are eyeing a 3x growth by 2026 at the back of strengthening our localisation efforts,” Saif Khan, CEO, and MD – India, BSH Home Appliances said…
  • Rise of gold consumption in India to continue: Somasundaram PR, regional CEO for India, WGC
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​India will continue to see a rise in gold consumption due to increasing prosperity within the middle class and growing awareness about the importance of gold in portfolios. The country needs to prepare for a surge in demand as it becomes more prosperous. While consumers may not fully understand how gold interacts with other assets, recent local and global events have demonstrated its resilience during times of uncertainty. ..
  • Restaurants’ body seeks restoration of input tax credit, higher GST rate of 12 pc
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​The National Restaurant Association of India (NRAI) has called for the government to restore input tax credit to restaurants and increase the GST rate to 12% from the current 5%, ahead of the upcoming Union Budget. The association believes that balanced policies and regulations are needed to ensure a level playing field for restaurants, delivery partners, and consumers. ..
  • Wholesale prices accelerate to 9-month high at 0.73% in December
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​India’s wholesale inflation increased to 0.73% in December, as per government data. The number rebounded in November after staying negative for seven months. Inflation for primary articles increased to 5.78%. Fuel and power and manufacturing sector contracted to -2.41% and -0.71% respectively…
  • Luxmi Tea plans retail expansion, to step up presence in airports
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​”The retail and online channels of our tea sales are growing fast. Presently, online and retail constitute less than ten per cent of overall sales,” MD of Luxmi Tea Rudra Chatterjee said…
  • Ram Mandir consecration to generate Rs 1 lakh crore worth of business: CAIT
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​Ram Mandir Inauguration: “This event not only resonates with religious sentiments but also brings a surge in economic activities. The faith and trust of people are leading to the creation of many new businesses based on the country’s traditional economic system,” Praveen Khandelwal, National Secretary General of CAIT, stated…
  • 32 commercial establishments in Delhi get LG’s nod to operate 24/7
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​Out of the 32 approvals, seven have been granted to establishments that had applied for exemption for their women employees during night times. The exemptions have been given with foolproof assurances about the safety of employees by the establishments, the officials said…
  • T.A.C appoints Sanjiv Gupta as its chief advisory and board member
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​“Mr. Gupta’s role is pivotal in our journey towards Mission 2030 to become the most loved Ayurveda company” said Param Bhargava, founder, T.A.C…
  • Perfumery chain Douglas posts 8.3% higher quarterly net sales
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​Sales in the October-December period rose to around 1.56 billion euros ($1.71 billion) from 1.44 billion euros in its first quarter of fiscal year 2023/24. Store net sales were up 7.1% on the year, while its e-commerce business grew by 10.7% from the same quarter a year earlier…
  • Hitachi’s Indian business expects to have $20 bln revenue by 2030
    16 Jan 2024, retail.economictimes.indiatimes.com
    ​Hitachi Energy India makes equipment such as transformers and circuit-breakers for energy transmission and railway components. The parts made in India are used across the world, such as in Hitachi’s projects in the U.S, Hitachi India’s managing director Bharat Kaushal said…
  • Coca-Cola India joins forces with Reliance Retail for “Bhool Na Jana, Plastic Bottle Lautana” PET collection, recycling initiative
    16 Jan 2024, hindustantimes.com
    ​The initiative is set to expand to 200 Reliance Retail stores nationwide by 2025, with a goal of collecting 5,00,000 PET bottles annually during the pilot phase…
  • Retail India News: Jaypore Unveils Mumbai Retail Expansion in Oberoi and R City Malls
    16 Jan 2024, indianretailer.com
    ​In a strategic move to further embed itself in the vibrant retail landscape of Mumbai, JAYPORE announces the grand opening of two new stores situated in Oberoi Mall and R City Mall…
  • Kalyan Jewellers Unveils Expansion Plans with Three New Showrooms in Bihar
    16 Jan 2024, indianretailer.com
    ​Kalyan Jewellers has revealed its strategic move to launch three new showrooms in the state of Bihar. Scheduled to open in Buxar, Hajipur, and Purnia throughout January, these showrooms mark a deliberate effort by the brand to broaden its geographical presence beyond the Southern markets…
  • Dwarka Welcomes a Transformed Jewelry Experience by Malabar Gold and Diamonds
    16 Jan 2024, indianretailer.com
    ​In a remarkable display of growth, Malabar Gold and Diamonds has rapidly expanded its global footprint, solidifying its status as the world’s 6th largest jewelry retailer….
  • Foam Home India Partners with Technogel to Redefine Mattress Comfort
    16 Jan 2024, indianretailer.com
    ​The sleep industry in India is undergoing a transformative awakening, and leading the charge is Foam Home India, a prominent premium mattress brand…
  • The Rise of Home Essentials: Key Takeaways from IKEA’s Life at Home Report 2023
    16 Jan 2024, indianretailer.com
    ​In a world that’s constantly evolving, so are our homes. As we step into 2024, Swedish home furnishings giant IKEA has come up with its 10th Life at Home Report, a treasure trove of insights into how Indians are crafting their domestic spaces, which will in turn dictate what will sell most in the home genre…
  • Pidilite Industries Forges Global Leather Solutions Alliance with Syn-Bios
    16 Jan 2024, indianretailer.com
    ​In a strategic move towards enhancing the global footprint of Indian industrial prowess, Pidilite Industries Limited, a renowned manufacturer specializing in adhesives, sealants, and construction chemicals, has entered into a collaboration with Italy-based Syn-Bios, recognized for its groundbreaking research and global marketing initiatives in the leather tanning sector…
  • Ayodhya Temple Inauguration Countdown: Lord Ram Writes Retail History as Brands Experience Record Sales
    16 Jan 2024, indianretailer.com
    ​From selling 3,000 units of pens in a regular season, Submarine Pens has witnessed the sale of 10,000 pens of Lord Rama’s theme in the last 15 days alone. The pen merchandise maker is all set to sell more than 20,000 units this month…
  • Rasayanam Forges Partnership with Apna Chemist to Expand Holistic Wellness Reach
    16 Jan 2024, indianretailer.com
    ​Pioneering holistic wellness brand Rasayanam is making its foray into the retail market, initiating the journey with Apna Chemist, a medicine delivery company under Parsa Group, Genitech NSAN Pharmaceutical Private Limited…
  • South Seas Distilleries Expands Single Malt Legacy with Crazy Cock Launch in Goa
    16 Jan 2024, indianretailer.com
    ​After a successful debut in Mumbai, South Seas Distilleries and Breweries Private Limited, one of India’s oldest malt whisky distilleries, is making a splash in Goa with the introduction of its single malt whisky, The Crazy Cock…
  • Gokyo Sets a New Standard in Women’s Trekking Attire
    16 Jan 2024, indianretailer.com
    ​In a noteworthy move towards inclusivity and catering to the diverse needs of outdoor enthusiasts, Gokyo Outdoor Clothing and Gear has introduced an exclusive women’s trekking pants and apparel collection designed specifically for the Indian women’s fit and the intrepid Indian women trekker and explorer…
  • Glamplus Bags Rs 16.5 cr in Pre-Series A Round to Elevate B2B Beauty Retail Tech
    16 Jan 2024, indianretailer.com
    ​SaaS-enabled B2B Beauty Marketplace, Glamplus, has successfully raised approximately ₹16.5 crore in a pre-series A funding round. Investors include Upsparks Capital, Eagle10 Ventures, ITI Growth Opportunities Fund, and Inflection…
  • What Fashion Industry Expects from this Budget
    16 Jan 2024, irecwire.com
    ​As fashion brands grappled with challenges ranging from supply chain disruptions to fluctuating raw material prices, leaders from Madame, KAZO, and FS Life share their insights and expectations for government support in the upcoming budget…
  • 2023 Roundup: McDonald’s India (W&S) top selling items – McAloo Tikki, McSpicy Chicken burger, Cold Coffee and Soft Serve
    16 Jan 2024, restaurant.indianretailer.com
    ​The limited-time offerings, such as KITKAT McFlurry and Minion-themed Banana Caramel McFlurry, also ranked among the top five products in 2022 and 2021…
  • Foreign Investment In Real Estate Shrunk By 30% In 2023
    15 Jan 2024, rprealtyplus.com
    ​The share of foreign institutional investors in the real estate sector shrunk by 30 per cent to $2.733 billion in 2023 as against $3.926 billion in the previous year on account of the macroeconomic slowdown, says a report…
  • Keystone Realtors sales bookings up 26% to Rs 1,423 crore in Apr-Dec 2023
    15 Jan 2024, realty.economictimes.indiatimes.com
    ​According to a regulatory filing earlier this week, the company’s sales bookings in volume terms rose 9 per cent to 0.82 million sq ft during the April-December period of this fiscal from 0.75 million sq ft in the year-ago period…
  • Tata Consumer to fund two acquisitions with cash reserve, bridge financing
    15 Jan 2024, retail.economictimes.indiatimes.com
    ​Tata Consumer Products (TCPL) plans to finance the acquisitions of Capital Foods Ltd and Organic India Ltd, totaling an enterprise value of Rs 7,000 crore, through internal cash reserves and bridge financing, according to MD and CEO Sunil D’Souza. Emphasizing the growth potential in these areas, D’Souza mentioned that TCPL aims to strengthen its food and beverage portfolio organically and explore inorganic opportunities…
  • Avenue Supermarts’ net profit rises 17% to Rs 690.41 crore in Q3 FY24
    15 Jan 2024, retail.economictimes.indiatimes.com
    ​DMart’s total revenue for the quarter ended December 31, 2023 rose to Rs 13,572 crore, as compared to Rs 11,569 crore in the same period last year. Neville Noronha, CEO and managing director, Avenue Supermarts Limited, said, “Contribution from general merchandise and apparel has stabilized and trends are encouraging post-Diwali. This time the festive season sales were lower than expected in Non-FMCG. Within FMCG, agri-staples (ex-edible oil) are going through significantly high inflation.”…
  • Value growth hit in 2023, volumes fill consumer baskets
    15 Jan 2024, retail.economictimes.indiatimes.com
    ​For fast-moving consumer goods, a sharp price cut in edible oil dragged down value growth. A cooler summer and erratic rainfall impacted beverages and food, while rural markets stayed under pressure due to inflation. Value sales fell 4.5% during October-December, according to Bizom, which analyses data based on orders at nearly 7.5 million kirana stores…
  • FMCG companies to add to ads after input cost subtractions
    15 Jan 2024, retail.economictimes.indiatimes.com
    ​Fast-moving consumer goods (FMCG) companies such as Dabur, Marico and Godrej Consumer Products said in investor notes that advertising, promotion and category development spending had gone up in the December quarter and some said it will increase further in the next few quarters…
  • Malabar Gold & Diamonds all set to relaunch its store in Dwarka
    15 Jan 2024, retail.economictimes.indiatimes.com
    ​Malabar Gold & Diamonds is thrilled to announce the relaunch of its store in Dwarka on January 13, 2024. The revamped store, located at High Street, Ground Floor, Vegas Mall, Dwarka, promises a world-class jewellery shopping experience, boasting more space and more collections. By offering an extensive range of jewellery pieces at the best prices and fair making charges, the store aims to be the city’s ultimate jewellery shopping destination…
  • Kalyan Jewellers to add 3 new showrooms in Bihar in Jan
    15 Jan 2024, retail.economictimes.indiatimes.com
    ​Currently, Kalyan Jewellers has its presence in key markets such as Patna, Arra, Kishanganj and Begusarai, to name a few and these three new showrooms will take up its store count in the state to 13…
  • Losses hound beauty startups
    15 Jan 2024, financialexpress.com
    ​The fact that funding in such businesses fell to just $84 million in 2023 from $679 million in the previous year and a good $1 billion in 2021, as per Tracxn, suggests investors are treading cautiously…
  • India electronics exports to US jump over two-fold to USD 6.6 bn in Jan-Sep 2023: ICEA
    15 Jan 2024, retail.economictimes.indiatimes.com
    ​India’s electronics exports to the US have more than doubled to $6.6 billion from January to September 2023, reaching an all-time high. The share of electronics imported from China into the US has decreased. The bilateral electronics trade between India and the US has also seen a significant increase. The Indo-US Task Force for Electronics aims to elevate India’s position in the US electronics market…
  • Mars Wrigley India Appoints Nikhil Rao as Chief Marketing Officer
    15 Jan 2024, indianretailer.com
    ​Mars Wrigley India, a segment of Mars Incorporated specializing in chocolate and confectionery, has announced the appointment of Nikhil Rao as its new Chief Marketing Officer (CMO)…
  • The Body Shop Achieves Global Milestone as First 100 pc Vegan Beauty Brand
    15 Jan 2024, indianretailer.com
    ​The Body Shop, a trailblazing British ethical beauty brand, marks a significant global milestone by becoming the world’s first beauty brand to achieve 100 percent vegan product formulations across skincare, body care, haircare, makeup, and fragrance…
  • Navigating the Threads: A Reflection on the Textile Supply Chain in 2023 & Emerging Trends for 2024
    15 Jan 2024, indianretailer.com
    ​As we bid farewell to 2023, it’s time to unravel the complexities woven into the textile supply chain management over the past year. The industry has faced unprecedented challenges and undergone transformative changes, setting the stage for intriguing trends in 2024…
  • How Artificial Intelligence is Revolutionizing the Fashion Industry: A Game-Changer in Design, Retail, and Customer Experience
    15 Jan 2024, indianretailer.com
    ​As an outcome of a seamless synergy between human intellect and technological prowess, Artificial Intelligence’s (AI’s) transformative influence extends across diverse sectors, with the fashion industry being no exception…
  • Opium Eyewear Pays Tribute to Marvel’s Captain America with Sunglasses Range
    15 Jan 2024, indianretailer.com
    ​Opium Eyewear, under the umbrella of Eternity Lifestyles, introduces a captivating limited edition Marvel-inspired sunglasses collection, drawing inspiration from the iconic character, Captain America…
  • UNIREC bags $190,000 in Seed Funding from BeyondSeed
    15 Jan 2024, indianretailer.com
    ​UNIREC, a pioneering sustainable brand in India specializing in clothing made from recycled PET bottles, has marked a pivotal moment in its eco-friendly journey by successfully concluding a seed funding round…
  • The Fern Hotels and Resorts Appoints Seasoned Leaders to Strengthen Hospitality Footprint
    15 Jan 2024, indianretailer.com
    ​The Fern Hotels and Resorts have strategically appointed key professionals to senior management roles, reinforcing their esteemed properties in the retail hospitality sector across India…
  • Migsun Group sells retail space in Delhi to Dmart for Rs 108 crore
    13 Jan 2024, realty.economictimes.indiatimes.com
    ​Dmart has bought the space at the project in sector 22, Rohini in Delhi, according to a statement. The retail space has been acquired for Rs 108 crore, the statement said…
  • Tata Consumer to acquire Capital Foods for Rs 5,100 cr, Organic India for Rs 1,900 cr in all-cash deals
    13 Jan 2024, retail.economictimes.indiatimes.com
    ​As per the filing, TCPL will acquire 75 per cent stake in Capital Foods at an enterprise value of Rs 5,100 crore and 100 per cent stake in Organic India, a food and beverages and herbal and traditional supplements brand for Rs 1,900 crore…
  • HUL is one of Unilever’s strongest & largest operations: Unilever’s CEO Hein Schumacher
    13 Jan 2024, retail.economictimes.indiatimes.com
    ​HUL accounts for more than 11% of Unilever’s global sales and its second biggest market after the US in terms of revenue. The maker of Rin detergent, Dove shampoo and Lux soap is also the market leader in most segments it operates in India with nearly 80% of its portfolio either gaining or retaining shares. As part of his market visits, Schumacher met several customers and top executives of Nykaa, Reliance Retail, pharmacy chain Wellness Forever and kirana stores…
  • India’s retail inflation surges to a four-month high of 5.69 per cent in December
    13 Jan 2024, retail.economictimes.indiatimes.com
    ​India’s retail inflation in December rose to 5.69 per cent, compared to 5.55 per cent in November, according to data released by the Ministry of Statistics & Programme Implementation on Friday. This increase remains within the Reserve Bank of India’s tolerance range of 2-6 per cent. On a month-on-month basis, the inflation rate contracted by (-)0.32 per cent…
  • Temple frenzy gives 100 per cent lift to spiritual merchandise sales
    13 Jan 2024, retail.economictimes.indiatimes.com
    ​Executives at ecommerce companies and general trade said sales of spiritual merchandise have increased two to three times compared with normal days, even as sellers such as Prabhu Bhakti, Ayodhyapati and HindK stores have flooded online platforms. Ecommerce platform Flipkart has listed T-shirts and flags for cars, bikes, cycles and windows printed with the words Jai Shree Ram, and images of the temple and Hanuman as “hot deals”. Rival Amazon shows Ram T-shirts as “trending”…
  • ‘India’s leather and footwear industry to hit $47 billion by 2030’
    13 Jan 2024, retail.economictimes.indiatimes.com
    ​This has been revealed in the vision document 2030 for leather & footwear industry released by the Council for Leather Exports (CLE), the export promotion council for leather, leather products, leather footwear, non-leather footwear and footwear components, functioning under Union ministry of commerce and industry in New Delhi on Wednesday…
  • Mars Wrigley India appoints Nikhil Rao as CMO
    13 Jan 2024, retail.economictimes.indiatimes.com
    ​In his new role, Rao will look over the marketing vision, and strategic initiatives and direct the execution of Mars Wrigley’s portfolio strategy in India, read the release…
  • Bakingo inaugurates ‘super kitchen’ in Gurugram
    13 Jan 2024, retail.economictimes.indiatimes.com
    ​Stretched to 27, 000 square feet, the kitchen will help the company introduce a new and wide range of products, read the release…
  • Tesco raises profit outlook again after strong Christmas sales
    13 Jan 2024, retail.economictimes.indiatimes.com
    ​Shares in the supermarket group, which has a near 28% share of Britain’s grocery market, were up 1% early on Thursday, extending gains over the last year to 23% after the company also said it had “great momentum” going into 2024…
  • Ayodhya Ram Mandir: Delhi prepares to celebrate Diwali in over 100 big markets on the day of inauguration
    13 Jan 2024, retail.economictimes.indiatimes.com
    ​Delhi is preparing to celebrate Diwali in over 100 major markets on the day of Ram Mandir’s inauguration on January 22. The Chamber of Trade and Industry (CTI) Chairman Brijesh Goyal and President Subhash Khandelwal announced special programmes in over 100 retail and wholesale markets, including a Bhandara in Kashmiri Gate, garlands in Kamla Nagar, and saffron flags in Khan Market…
  • India’s ‘Affluent’ class to reach 100 million in three years, will boost premium goods sales
    13 Jan 2024, livemint.com
    ​Goldman Sachs Group Inc. has in a report released on January 12 forecast that India’s “affluent” class is set to reach 100 million in the next three years. This it says will lead to premium goods companies in the country faring better compared to broader competitors…
  • PC makers bet on AI to rekindle sales
    13 Jan 2024, retail.economictimes.indiatimes.com
    ​PC and chipmakers including Advanced Micro Devices (AMD) and Intel are betting that the so-called “neural processing units” (NPUs) now found in the latest chip designs will encourage consumers to once again pay for higher-end laptops. Adding additional AI capabilities could help take market share from Apple…
  • Barista Coffee Achieves Milestone with 400th Café in Delhi
    13 Jan 2024, indianretailer.com
    ​Barista Coffee has achieved a significant milestone by unveiling its 400th café at Rajiv Chowk Metro Station in Delhi. The strategic choice of Rajiv Chowk positions this opening as a noteworthy achievement for 2023, setting the stage for continued growth in 2024…
  • Reliance Jewels Debuts Unique Spring Jewelry
    13 Jan 2024, indianretailer.com
    ​Reliance Jewels, renowned for its profound connection to India’s rich cultural heritage, is thrilled to introduce its latest collection as the auspicious spring season approaches…
  • makeO Bags $16 mn in Funding Round for Geographical Expansion
    13 Jan 2024, indianretailer.com
    ​makeO has successfully raised $16 million (Rs 135 crore) in a funding round led by 360 ONE Asset and Ashish Kacholia’s investment office. Existing investors, including Eight Roads Ventures and Paramark Ventures, also participated…
  • Godrej Interio’s Sustainable Supply Chain: A Key Driver for 42% Revenue in FY24
    13 Jan 2024, indianretailer.com
    ​In a bold move towards sustainability, Godrej & Boyce, the flagship company of the Godrej Group, revealed that its subsidiary, Godrej Interio, was experiencing a remarkable surge in the demand for environmentally conscious products…
  • PDS Subsidiary, Norlanka Manufacturing, Acquires 26 pc Stake in Nobleswear
    13 Jan 2024, indianretailer.com
    ​PDS Limited announces a significant step in its global expansion as its subsidiary, Norlanka Manufacturing Limited, is set to acquire a 26 percent stake in Nobleswear Private Limited, a Sri Lanka-based specialized manufacturer of children’s wear products…
  • Nebula by Titan Unveils Timeless Luxury with Contemporary Bracelets Range
    13 Jan 2024, indianretailer.com
    ​Nebula by Titan introduces a collection of luxury watches crafted in solid 18-carat gold and adorned with precious stones, epitomizing authenticity and modern expression…
  • Kalyan Jewellers Clinches Accolades at Retail Jeweller MD and CEO Awards
    13 Jan 2024, indianretailer.com
    ​Kalyan Jewellers, a stalwart in India’s jewelry landscape, received prestigious honors at the Retail Jeweller MD and CEO Awards…
  • HCCB Provides 20,000 kgs of Dry Ration Kits for Tiruvallur District
    13 Jan 2024, indianretailer.com
    ​Hindustan Coca-Cola Beverages Private Limited (HCCB), a prominent FMCG company in India, has undertaken a significant retail initiative in the aftermath of Cyclone Michaung…
  • Urban Square Mall Enhances Udaipur’s Entertainment Landscape with LED Game Zone’s Unique Attractions
    13 Jan 2024, indianretailer.com
    ​Urban Square Mall, recognized as Udaipur’s leading retail and entertainment destination, embraces the arrival of LED Game Zone, introducing the distinctive ‘Hey Dark’-themed bowling alley…
  • The Body Shop Expands Ethical Beauty Reach via ONDC Network
    13 Jan 2024, indianretailer.com
    ​The Body Shop, a globally renowned ethical beauty brand hailing from the UK and committed to social and environmental justice, has officially become part of the Open Network for Digital Commerce (ONDC) Network through Shopalyst’s plugin…
  • Portronics Redefines Audio Tech with Dash 6
    13 Jan 2024, indianretailer.com
    ​Renowned for its innovation in portable gadgets, Portronics introduces the Dash 6 to its audio lineup – a Bluetooth speaker designed with versatility in mind…
  • Traditional Elegance Meets Modern Design in PNG Jewellers’ New ‘Pratha’ Bridal Range
    13 Jan 2024, indianretailer.com
    ​With a legacy spanning 191 years, iconic jewellery brand PNG Jewellers introduces its new bridal collection, “Pratha,” just in time for India’s blockbuster wedding season. Beyond a celebration of heritage and craftsmanship…
  • How Cloud Kitchens are Still Standing Strong
    13 Jan 2024, irecwire.com
    ​The ongoing commitment to innovation and the adoption of cutting-edge technologies not only enhance operational efficiency but also influence how food is prepared, packaged, and ultimately delivered…
  • Ajmera Realty Witnesses 98% YoY Sales Surge In Q3 FY24
    12 Jan 2024, rprealtyplus.com
    ​Ajmera Realty & Infra India Ltd, a leading real estate company with a pan India presence, announced its operational numbers for Q3FY24…
  • Casagrand Contracts Pvt Ltd Partners With Singapore’s Shine Goglobal Ltd
    12 Jan 2024, rprealtyplus.com
    ​With a vision to transcend the seasonal coastal tourist spot, Kanniyakumari towards conscious tourism destination, Casagrand Contracts Pvt Ltd (CGCPL), the EPC venture from the Casagrand Group and Singapore-based Our SHINE GOGLOBAL Ltd have joined hands to bring in a historic partnership…
  • Phoenix Mills to add 5.1 million sq ft to office properties’ portfolio in three years
    12 Jan 2024, realty.economictimes.indiatimes.com
    ​This initiative is poised to elevate the company’s operational office projects portfolio to 7 million sq ft by 2027, up significantly from the current 2 million sq ft…
  • Tata Consumer set to acquire Capital Foods, Organic India
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​TCPL will be buying 75% of Capital Foods from existing investors Invus Group, a European family office and investment arm, with a 40% stake; US private equity group General Atlantic that owns 35% valuing the company at Rs 5100 crore. That would peg the stake value at Rs 3,825 crore…
  • Dealshare names Kamaldeep Singh as CEO, third cofounder Medda quits
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​Singh joined Dealshare in December 2022 as president of the retail business at the Bengaluru-based firm. He was previously the chief executive of BigBazaar. Singh’s appointment comes after an investor-led restructuring at the firm…
  • FMCG distributors to boycott HUL products in Maharashtra, starting with Taj Mahal Tea
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​HUL, which owns brands such as — Lux, Lifebuoy, Surf Excel, Rin, Pond’s and Dove, has reduced the fixed margin by 60 basis points and increased the variable margins by up to 100 to 130 basis points for its distributors…
  • Philip Morris International appoints Navaneel Kar as MD of India operations
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​In this company, Kar will be reporting to Ankur Modi, Cluster Head South Asia & IndoChina, PMI…
  • Tata Starbucks FY23 Results: Co reports loss of Rs 24.97 crore
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​​Tata Starbucks has reported a net loss of Rs 24.97 crore from its operations in India for the financial year ended March 31, 2023, according to financial data accessed through business intelligence platform Tofler…
  • Under pressure from trendier and cheaper rivals, Fabindia seems to be in need of refresh
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​An inability to win the hearts of Gen Z and millennial cohorts is posing a challenge for the six-decade-old retailer, a pioneer of sustainable sourcing and supporting artisans, amid an onslaught of competition from trendier and cheaper rivals. If socially conscious young people once swore by the brand, their children don’t seem to be showing it as much love…
  • Agritech startup Ninjacart tops Rs 1,000 crore in FY23 revenue, up 19%
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​The topmost cost heads at the firm during the year were purchases of stock in trade and employee-related expenses. The former went up 18.5% to Rs 1,085.6 crore while the latter grew 51.6% to Rs 246.8 crore…
  • Uniqlo operator Fast Retailing Q1 profit soars on strong overseas sales
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​Profit was 146.7 billion yen ($1.01 billion) in the three months through November compared with 117.1 billion yen a year earlier. The consensus forecast was for 137.9 billion yen, according to the average estimate of five analysts surveyed by LSEG…
  • PepsiCo’s Jagrut Kotecha emerging as top contender for CEO role in India operations
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​PepsiCo’s senior vice president and chief commercial officer for AMESA, Jagrut Kotecha, is a leading candidate to head the company’s India operations. Kotecha’s extensive experience in PepsiCo’s snacks business is considered advantageous as the company focuses on strengthening its snacking segment in India. The initial expectation of George Kovoor taking over the role is reconsidered due to the competitive challenges in the snacks business…
  • Anushka Sharma-backed D2C snack brand Slurrp Farm raises Rs 60 crore in funding
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​Founded in 2016 by Meghana Narayan and Shauravi Malik, Slurrp Farm saw its revenue more than double in FY23 to Rs 42 crore…
  • India sees shift in consumer wallet share towards discretionary & premium products
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​India will see a significant shift in consumer wallet share towards discretionary and premium products as we move towards a USD5 trillion economy in the coming few years, says Amnish Aggarwal – Head of Research, Prabhudas Lilladher…
  • UAE-based Lulu Group readies to set up large shopping mall in Ahmedabad
    12 Jan 2024, retail.economictimes.indiatimes.com
    ​The construction for the proposed shopping mall will start in 2024 itself, said Yusuff Ali MA, Chairman and Managing Director of Lulu Group International, talking to on the sidelines of the ongoing Vibrant Gujarat Global Summit…

  • Indian toy industry imports decline by 52 per cent

      12 Jan 2024, retail.economictimes.indiatimes.com
    ​The Indian Toy industry witnessed remarkable growth with a decline in imports by 52%, a rise in exports by 239%, and a development in the overall quality of the Toys. The efforts of the Government have enabled the creation of a more conducive manufacturing ecosystem, doubling the number of manufacturing units, reducing dependence on imported inputs, and increasing gross sales value. India is emerging as a top exporting nation with a strategic plan of action…
  • Looks Marks 35 Years of Timeless Beauty and 200+ Retail Salons
    12 Jan 2024, indianretailer.com
    ​Looks, a beacon of glamour and wellness, joyfully commemorates its 35th anniversary, coupled with the remarkable achievement of establishing more than 200 salons across India…
  • From Stitch to Marvel, Disney’s Growing Consumer Product Journey
    12 Jan 2024, indianretailer.com
    ​Disney remains at the forefront as the dominant global licensor, boasting timeless and evergreen franchises such as Mickey and Friends, Disney Frozen, Disney Princess, and Marvel’s Avengers…
  • Huda Beauty, WISHFUL and KAYALI Joins Myntra’s Beauty Retail Arsenal
    12 Jan 2024, indianretailer.com
    ​Myntra, India’s renowned fashion and beauty hub, proudly announces the inclusion of globally acclaimed beauty brand Huda Beauty, along with skincare solutions from WISHFUL and fragrances from KAYALI in its expansive range of international brands…
  • Blaupunkt TV Forges Alliance with Amazon India, Targets 4 pc Market Share in Retail Expansion
    12 Jan 2024, indianretailer.com
    ​German-rooted brand Blaupunkt TV, renowned for its sound quality and over a century of legacy, has joined forces with Amazon India as its new e-commerce partner…
  • Kraft Elevates Tableware Standards with Innovative Dessert Set
    12 Jan 2024, indianretailer.com
    ​With decades of experience catering to Indian kitchens, Kraft, an Indian tableware brand, has introduced its newest creation, the Kraft Dessert/Pudding Set. Priced at an accessible INR 990, the set is available on Amazon and the brand’s website…
  • SoulTree Adds Soumya Rasa to Ayurvedic Body Care Portfolio
    12 Jan 2024, indianretailer.com
    ​Luxury brand SoulTree, the World’s 1st Certified Organic Ayurvedic beauty and wellness brand, introduces Soumya Rasa, its exquisite Ayurvedic Body Care range…
  • Snitch Expands Warehouse Capacity in Bengaluru, Enhances Supply Chain Dynamics
    12 Jan 2024, indianretailer.com
    ​Snitch, the pioneering direct-to-customer (D2C) menswear brand, is gearing up to enlarge its warehouse facility by an additional 50,000 square feet…
  • Popsicle Unveils Sketch-Style “SpongeBob SquarePants” Frozen Treat Nationwide
    12 Jan 2024, indianretailer.com
    ​Popsicle is introducing its latest frozen confection bar, featuring a new design inspired by the various faces of the iconic character, SpongeBob SquarePants…
  • Pinkfong Debuts “Baby Shark World for Kids” App on LG Smart TV
    12 Jan 2024, indianretailer.com
    ​The Pinkfong Company, the entertainment powerhouse behind Baby Shark, has revealed the launch of “Baby Shark World for Kids” on LG Smart TV…
  • Nuvama & Cushman & Wakefield JV To Raise Rs 3000 Cr Commercial Realty Fund
    11 Jan 2024, rprealtyplus.com
    ​Nuvama Asset Management, the alternatives-focused asset management arm of Nuvama Wealth Management Ltd,and Cushman & Wakefield , a leading global commercial…
  • Puravankara’s Highest-Ever Collections For 9MFY24 & Q3FY24
    11 Jan 2024, rprealtyplus.com
    ​Puravankara Limited, one of India’s most trusted and admired real estate developers, has recorded a strong sales performance in 9MFY24 with a sales value of Rs 3,967 crores, an increase of 89 percent compared..
  • Kolkata: Hidco nod to New Town vertical city on the lines of World Trade Center
    11 Jan 2024, realty.economictimes.indiatimes.com
    ​The Hidco board meeting was held on Tuesday where the proposal was discussed and approved. State urban development minister and Hidco chairman Firhad Hakim said that the vertical city building has been planned to be set up as per the World Trade Center specifications…
  • Zomato offers daily payouts to small restaurant partners
    11 Jan 2024, retail.economictimes.indiatimes.com
    ​The payouts will be currently available to restaurant partners that receive 100 or fewer orders a month, the company said in a blog post…
  • The Beer Cafe to invest Rs 50 crore to open 36 new outlets in CY24
    11 Jan 2024, retail.economictimes.indiatimes.com
    ​The brand, which claims to be double-digit EBITDA profitable, is looking at a 64 per cent growth in revenue from CY23 to CY24…
  • Godrej Interio eyes 42% revenue from green products in FY24
    11 Jan 2024, retail.economictimes.indiatimes.com
    ​The company is expecting 42 per cent of its revenue in FY24 to come from the green products category and further plans to take this to 50 per cent by 2032…
  • ICEA moots import duty cuts on inputs to boost smartphone exports
    11 Jan 2024, retail.economictimes.indiatimes.com
    ​A key demand of the handset industry from Budget FY25 is zero tariffs on all lines that significantly increase costs, converging them with Vietnam and China to ensure competitiveness, scale and export-led growth…
  • High street retail set to take off big
    11 Jan 2024, retail.economictimes.indiatimes.com
    ​M3M recently announced a luxury high street retail and ‘Pentsuites’ – or, serviced studio apartments – as part of a commercial project in Noida. The project will be developed on a three-acre land parcel with saleable space of about 900,000 square feet – 550,000 square feet in retail and 350,000 square feet for studio apartments…
  • Thermal demand slumps 30%, makers slash production by up to 50%
    11 Jan 2024, retail.economictimes.indiatimes.com
    ​Dealers and distributors are unwilling to pick up new stocks as they are yet to offload last year’s stock, and manufacturers do not expect the prevailing cold conditions in most of north India to lead to a revival in demand for knitwear…
  • B2B beauty marketplace Glamplus raises Rs 16.5 cr in pre-Series A round
    11 Jan 2024, retail.economictimes.indiatimes.com
    ​The investment will be used for the expansion of the startup in the tier I and II cities and further, to venture into the international markets, the release read…
  • Fireboltt starts sale of wrist-phones, expects 30% of wearables revenue from new device
    11 Jan 2024, retail.economictimes.indiatimes.com
    ​These devices are set to eclipse ordinary watches, offering a level of intelligence, connectivity, and versatility that was once unimaginable. While smartphones will remain essential, wristphones will become indispensable for seamless, on-the-go living, he added…
  • Nippon Paint enters into e-commerce market
    11 Jan 2024, retail.economictimes.indiatimes.com
    ​​​With this foray into e-commerce, the brand aims to deliver customer orders across India with fast delivery…
  • Biggest malls in India you should visit
    11 Jan 2024, timesofindia.indiatimes.com
    ​India is a country with a large and diverse population and a growing appetite for shopping and entertainment…
  • India’s Biggest Shopping Mall To Be Set Up In Ahmedabad By UAE-Based Lulu Group
    11 Jan 2024, india.com
    ​LuLu Group, the United Arab Emirates (UAE) based retailer is set to construct what it termed India’s biggest shopping mall, in Ahmedabad…
  • Retail malls see robust growth with addition of 3.1 million sq ft in Q4
    11 Jan 2024, business-standard.com
    ​India’s retail shopping malls witnessed robust growth with 3.1 million square feet added in Q4 2023 (Oct-Dec) compared to the pre-pandemic time, according to a Cushman and Wakefield report, which highlighted that a shift in consumer..
  • Value retail to be a $170 billion market in India by 2026
    11 Jan 2024, livemint.com
    ​India’s value retail market, excluding food and grocery, will likely surge to $170 billion by 2026 from $111 billion in FY23, as per a report by Wazir Advisors…
  • Quaker’s Beyond Breakfast Strategy
    11 Jan 2024, indianretailer.com
    ​Quaker in India is embarking on its innovative journey by introducing a variety of oat-based products. With the recent launch of instant oats in India, Quaker aims to boost its retail sales by targeting not only health-conscious breakfast consumers but also appealing to those seeking healthy snack options during breaktime…
  • Shopping 2.0: Neo Retail’s Omnichannel Marvels and Future-Focused Flair
    11 Jan 2024, indianretailer.com
    ​In a world where shopping isn’t just a transaction but a thrilling adventure, Neo Retail emerges as the secret sauce that turns mundane purchases into a journey of discovery…
  • India’s E-Retail Industry Projected to Soar Beyond $160 bn by 2028
    11 Jan 2024, indianretailer.com
    ​In a recent collaborative report by Bain & Company and Flipkart, the e-retail market in India is projected to witness a remarkable surge, surpassing the $160 billion mark by 2028…
  • myTrident Introduces 37.5 Thermal Comfort Bed Sheets, Elevating Winter Comfort
    11 Jan 2024, indianretailer.com
    ​Experience the epitome of comfort with myTrident’s latest creation – the 37.5 Thermal Comfort range…
  • Timex Expands Presence with iConnect Calling Smartwatch Range
    11 Jan 2024, indianretailer.com
    ​Timex, a globally recognized watchmaking brand, is set to introduce its latest innovation, the iConnect Calling smartwatch range, expanding its array of smartwatches that seamlessly blend fashion and functionality…
  • D2C Start-up PrabhuBhakti Secures Seed Funding to Fuse Devotion and Style
    11 Jan 2024, indianretailer.com
    ​PrabhuBhakti, a Direct-to-Consumer (D2C) startup specializing in Devotion and Style, has successfully raised an undisclosed amount of seed funding from Prajay Advisors…
  • Cygnett Hotels Opens 2nd Hotel in Jaipur
    11 Jan 2024, restaurant.indianretailer.com
    ​The hotel provides adaptable venues for meetings and events. These spaces are designed, featuring modern aesthetics, state-of-the-art technology, and seamless connectivity…
  • Rebel Foods Launches India’s first Wendy’s® Dine-In Airport outlet at Kempegowda International Airport in Bengaluru
    11 Jan 2024, restaurant.indianretailer.com
    ​Rebel Foods, the world’s largest internet restaurant brand and the master franchise holder for Wendy’s® in India has announced the launch of Wendy’s® first airport dine-in store at Kempegowda International Airport in Bengaluru…
  • FlyDining to Open in Ayodhya Giving Customers an Experience above 50 Meters from Ground
    11 Jan 2024, restaurant.indianretailer.com
    ​When it comes to safety, The Flydining structure ‘s entire length is 9 meters. with a width of 5 meters. It is suspended on 16 metal wire ropes, 8 below and 8 above the roof…
  • Barista Coffee Hits 400 Store Milestone in India
    11 Jan 2024, retail.economictimes.indiatimes.com
    ​Barista Coffee celebrates a major achievement with the inauguration of its 400th café in Delhi…
  • 4 Ways Tata Starbucks is Catalysing Growth in India
    11 Jan 2024, restaurant.indianretailer.com
    ​To achieve its target of 1,000 stores by 2028 the company will double its workforce to approximately 8,600 partners as it plans to enter Tier 2 and 3 Indian cities, expand drive-thrus, airports and its 24-hour store footprint…
  • Tommy Bahama Expands Lifestyle Offerings Through Licensing Agreement with Concept One Accessories
    11 Jan 2024, indianretailer.com
    ​Tommy Bahama, the renowned lifestyle brand, has entered into a licensing agreement with Concept One Accessories for the production of handbags, small leather goods, and luggage. Gina Wilcox, Vice President of…
  • Universal Music Renews Licensing Deal with Tencent Music in China
    11 Jan 2024, indianretailer.com
    ​Universal Music has extended its licensing agreement with Tencent Music Entertainment, the operator of three streaming services and an online karaoke platform in the Chinese market…
  • Radisson Hotel Group Expands its Presence in Historic Ayodhya with Park Inn
    11 Jan 2024, indianretailer.com
    ​Radisson Hotel Group is excited to declare the inauguration of its latest hotel in the culturally rich city of Ayodhya – Park Inn by Radisson Ayodhya. Nestled in the heart of Ayodhya, the hotel seamlessly combines contemporary design with modern amenities…
  • Hyderabad Second Largest Real Estate Hub In 2023
    10 Jan 2024, rprealtyplus.com
    ​In 2023, Hyderabad emerged as the second-largest real estate hub in India, experiencing a 49% year-on-year (YoY) growth in the sale of housing, according to the ‘Real Insight Residential – Annual Round-up 2023 (January–December) report released by PropTiger.com…
  • PE Investments Register 26% Decline In 9M FY24
    10 Jan 2024, rprealtyplus.com
    ​PE Investments registered a decline of approx. 26% in 9M FY24 as both foreign and domestic investors reported lower activity, finds ANAROCK Capital’s FLUX report for 9M FY24.​..
  • Prestige Estates’ sales bookings jump over two-fold to Rs 5,326 crore in Q3 FY24
    10 Jan 2024, realty.economictimes.indiatimes.com
    ​​In a regulatory filing, Bengaluru-based Prestige Estates Projects Ltd informed that it clocked sale bookings of Rs 5,326.1 crore during October-December FY24, up 111 per cent year-on-year…
  • Bullish on India as it has everything in place to accelerate trajectory: Starbucks Global CEO Narasimhan
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​Starbucks CEO Laxman Narasimhan has announced plans to open a new store every third day in India to operate 1000 cafes by 2028. The company is focusing on the tea-drinking nation’s impressive development and improved ease of doing business. Starbucks has 390 stores in India and crossed the Rs 1,000-crore sales mark for the first time since its establishment in 2012.​..
  • Indian value retail market for non-F&G categories expected to reach USD 170 billion by 2026: Report
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​Sharing her views, ​​Pakhi Saxena, Retail CPG Head, Wazir Advisors said, “The value retail market in India takes on interesting contours and is defined by distinct levers of price combined with un-catered demand. Accessible pricing across key mainstay categories, encompassing the mass, economy and mid-economy segments, is the driver of value retail in India.”.​..
  • Swiggy Instamart VP Sidharth Satpathy exits, Amazon’s Anirban Roy to succeed
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​Several high-level executives have exited IPO-bound Swiggy over the last year, including senior vice president Karthik Gurumurthy, who built and headed Instamart, and former chief technology officer (CTO) Dale Vaz…
  • Desi CEOs take home more than expats at electronics companies
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​Indian CEOs at Sony, Blue Star and Crompton Greaves took home more money than their foreign counterparts at the local units of Samsung, LG and Vivo that had a much larger scale of business…
  • Blaupunkt explores ‘Made-in-India’ TVs for global markets, eyes diversification beyond China in manufacturing
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​Blaupunkt, an electronics brand, is planning to procure televisions made in India for its operations in the Middle East, Europe, and Australia. The brand’s local licensing partner, Super Plastronics, has revealed this move as an effort to establish India as a new global sourcing base. Super Plastronics is the Indian licensee for Blaupunkt televisions, which operates through licensing arrangements in over 80 countries worldwide…
  • Volatility in gold prices is impacting jewellery sales, say industry executives
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​The drop in consumption of plain gold jewellery has impacted the manufacturers of plain gold jewellery from Tamil Nadu, Kolkata and Delhi. Coimbatore Jewellery Manufacturers’ Association president B. Muthu Venkatraman said that the orders for plain gold jewellery have trickled down post the surge in gold prices…
  • Don’t expect recovery in FMCG before FY25: Abneesh Roy
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​Abneesh Roy says: “In our view, in Q3, most of the companies will see flat to low-single digit volume growth in the rural areas while urban areas will be growing faster. Even in Q4, we do not see a big recovery in rural demand currently. Our sense is the recovery will happen in FY25, based on Rs 1 lakh crore election spending, government stimulus, freebies, etc.”..
  • Walmart experiments with AI to enhance customers’ shopping experiences
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​In a Tuesday keynote at trade show CES in Las Vegas, the nation’s largest retailer announced that it would be expanding its drone delivery to 1.8 million additional households in the Dallas-Fort Worth metropolitan area later this year.​..
  • Campa becomes official sponsor of BCCI cricket series in India: Reports
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​Campa, a soft drink brand owned by Reliance, has signed a multi-year deal with the Board of Control for Cricket in India (BCCI) to become one of the official central sponsors for all cricket series in India. This agreement will sideline rivals Coca-Cola and PepsiCo for BCCI matches in India. Campa will enjoy exclusive on-stadium presence, pouring rights, and a beverage partnership for all cricket matches played in India…
  • Apis India to expand product portfolio; aims Rs 500 cr revenue in FY25
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​The Delhi-based company had reported a revenue of Rs 333.66 crore for the financial year that ended on March 31, 2023. The company gets nearly equal contributions from the B2B and B2C businesses.​..
  • Indian coffee exports set to surge thanks to global price rally
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​India- famous as a tea producer – is also the world’s eighth-largest coffee grower, mainly churning out the robusta beans used to make instant coffee. It also produces some of the more expensive arabica variety.​..
  • Indian economy likely to grow at 6.2% next fiscal: UBS India report
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​Despite the rising external headwinds, India is likely to grow 6.2 per cent next fiscal against a consensus of 6.3 per cent to USD 3.9 trillion from USD 3.57 trillion in FY24 on a likely 7 per cent growth, as consumption growth is likely to stabilise at 4.7 per cent from 4.5 per cent in FY24, Tanvee Gupta-Jain, the UBS India chief economist, said in a note.​..
  • Tata 1mg, Vitonnix UK announce exclusive partnership for healthcare products
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​The first product will be vitamin sublingual sprays which enable rapid absorption of vitamins, according to the company.​..
  • Dial M for margins: Chinese phone companies offer higher share to retailers
    10 Jan 2024, retail.economictimes.indiatimes.com
    ​Since last year, Chinese brands, especially Xiaomi and Realme, have been focusing on offline retail, which is more conducive for selling premium products and supporting their push towards expanding into appliances and other Internet of Things products. “Higher margins will encourage retailers to take time educating customers about the brand and products,” said Tarun Pathak, research director at Counterpoint Research…
  • Smartsters Breaks Ground with Store at KOPA Mall Pune
    10 Jan 2024, indianretailer.com
    ​Smartsters, the distinguished children’s furniture and home décor brand, is making its mark in the retail landscape with the inauguration of its standalone store at Kopa Mall Pune…
  • India’s Consumer Industry: Transformations, Challenges & Future Expectations
    10 Jan 2024, indianretailer.com
    ​India’s consumer industry is undergoing a significant transformation, poised to become the world’s third-largest by 2027, following the United States and China…
  • Tejus Jose Assumes Leadership as Operations Director for Accor’s Ibis and Ibis Styles Across India
    10 Jan 2024, indianretailer.com
    ​In a strategic move, Tejus Jose assumes the role of Director of Operations for ibis and ibis Styles India, a pivotal portfolio within the esteemed Accor Hotels, one of the top hospitality groups. Tejus, with over 23 years of expertise in the hospitality sector, is set to shape the operational landscape for 21 hotels across 14 cities in India.​..
  • 10Clubhomes Appoints Kavitha Rao as COO to Lead Retail Expansion
    10 Jan 2024, indianretailer.com
    ​10Clubhomes has named Kavitha Rao as its new Co-founder and Chief Operating Officer. With over two decades of leadership experience in retail and consumer industries, Kavitha will spearhead various business functions to drive growth and profitability…
  • Associated Alcohols and Breweries Disrupts Handcrafted Gin Space with Nicobar
    10 Jan 2024, indianretailer.com
    ​Associated Alcohols and Breweries Limited (AABL), a key player in the alco-beverage industry and a flagship entity of the esteemed Associated Kedia Group, has proudly unveiled its premium handcrafted gin, “NICOBAR.”..
  • Sydney Sweeney Joins Laneige as Global Brand Ambassador
    10 Jan 2024, indianretailer.com
    ​In a significant move, celebrated actress and two-time Emmy Award nominee Sydney Sweeney has become the first-ever global brand ambassador for Laneige, the internationally acclaimed K-beauty brand.​..
  • MyMuse Secures $2.7 mn in Largest Pre-Series A Funding
    10 Jan 2024, indianretailer.com
    ​In the largest pre-series A funding in the Indian sexual wellness industry, MyMuse, the country’s leading intimacy brand, has successfully raised $2.7 million in a mix of debt and equity financing.​..
  • Nippon Paint India Enters E-comm Arena with Amazon, Flipkart, and JioMart
    10 Jan 2024, indianretailer.com
    ​Nippon Paint India (Decorative), a leading name in the paint industry, is set to make its mark in the e-commerce landscape through strategic collaborations with Amazon, Flipkart, and JioMart…
  • Tata 1mg Collabs with Vitonnix UK to Introduce Innovative Vitamin Sublingual Sprays
    10 Jan 2024, indianretailer.com
    ​Tata 1mg, a renowned digital healthcare platform in India, has partnered with Vitonnix UK, a leading innovator in health and wellness, to unveil an unprecedented offering in the country…
  • Ayouthveda Welcomes Genelia Deshmukh to Radiate Ayurvedic Elegance
    10 Jan 2024, indianretailer.com
    ​Ayurvedic personal care brand, Ayouthveda, proudly unveils Genelia Deshmukh as its inaugural Indian brand ambassador for the face care range…
  • Marketing of the Future: Will Restaurants in India Collaborate with Virtual Influencers?
    10 Jan 2024, irecwire.com
    ​This trust has shifted marketing budgets, with 73 percent now allocated to nano, micro, and mid-tier influencers due to their relatability and audience trust levels.​..
  • How Bata’s Power Brand is Taking Fashion Forward with the Launch of Power Apparel
    10 Jan 2024, irecwire.com
    ​Pankaj Gupta, Head of Retail Operations, Bata India highlights the various dimensions of the company’s business strategy, exploring response to the sneakerization trend, the launch of Power apparel, omnichannel dominance, strategic store expansion, etc.​..
  • Chef Sajid Salim Patel Named Executive Chef at Sheraton Grand Bangalore
    10 Jan 2024, retail.economictimes.indiatimes.com
    Chef’s practical culinary skills encompass Japanese cuisine (Sushi Kitchen), Cold Food Preparation, Catering Operations, and expertise in Indian, Western, and Oriental cooking…
  • Signature Global Reports 47% Increase In Sales Bookings
    09 Jan 2024, rprealtyplus.com
    ​Realty firm Signature Global reported 47 per cent increase in its sales booking to Rs 1,262.73 crore for the third quarter of this fiscal on strong housing demand…
  • DLF Sold 1000 Luxury Housing Within Three Days Of Pre-Launch
    09 Jan 2024, rprealtyplus.com
    ​Real estate major DLF said on January 8 that it has sold more than 1000 luxury housing units that are part of its latest offering Privana South in Gurugram, for Rs 7200 crore, within three days of pre-launch.​..
  • Home and kitchen products startup 10clubhomes appoints Kavitha Rao as co-founder and COO
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​Kavitha comes on board with over 23 years of experience and has held various leadership roles with companies like IKEA, Accenture, Target & Unilever. In her new role with 10clubhomes, Kavitha told ETRetail that she will lead various business functions to drive growth and profitability…
  • Quick service restaurants, soft drink businesses to bounce back this year: Ravi Jaipuria
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​Despite a slowdown in the growth of the quick service restaurants (QSRs) sector and soft drinks, Ravi Jaipuria, chairman of RJ Corp, PepsiCo’s largest bottler, and the largest franchise partner for KFC, Pizza Hut and Costa Coffee in India, believes year ahead is expected to see healthy double-digit growth for both businesses.​..
  • Godrej Consumer conducts ceremony for its Rs 515 cr new mfg unit
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​“The government has generously given us incentives on our commitment to employ at least 50% of women and 5% of employees from the LGBTQI and people with disability communities,” said Nisaba Godrej, executive chairperson, GCPL…
  • FMCG makers expect low to mid-single-digit volume growth in Q3; rural market continues to lag
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​​ Leading FMCG makers are expecting a low to mid-single-digit volume growth in the October-December quarter, with an improvement in consumer demand on a sequential basis…
  • Spain’s Tendam tie up with Myntra to expand presence in India’s fashion landscape
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​Tendam, a leading fashion group, partners with Myntra to expand in India. Women’secret, Tendam’s flagship brand, is now available on Myntra. Tendam will open two franchised stores in Pune and Ludhiana. They aim to open ~20 stores in India over the next three years.​..
  • New e-comm hubs: Parts of Hindi heartland, northeast
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​The trend is also in part being driven by the restricted presence of offline retail in some regions — in the northeast for instance, geographical built of certain areas makes it difficult for offline retailers to set up shops…
  • Jewellery maker Pandora beats sales, profit forecasts on strong Q4
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​The company, known for its bracelets and charms, said organic sales grew by 12% year-on-year in the October-December period, lifting annual growth to 8% and exceeding the company’s own full-year forecast of 5%-6% made in early November.​..
  • Medium to long term outlook for FMCG companies strong, margin expansion to continue: Kaustubh Pawaskar
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​Kaustubh Pawaskar says: “We should expect some improvement in demand from Q1 of FY2025 since inflation has also reduced and companies are passing on the benefit to the consumers in forms of price cuts and grammage increase. The benefits should start coming in the quarters ahead and if all goes well, monsoons turn out to be better, then it should help in revival in the rural demand.”…
  • Indian single malts make history, overtake global giants in sales for first time
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​Indian single malt whiskies have made history by surpassing renowned international brands in terms of sales. According to the Confederation of Indian Alcoholic Beverage Companies (CIABC), Indian single malts accounted for 53% of total sales in 2023. The success of ‘Made in India’ brands has led to international giants like Diageo and Pernod Ricard entering the Indian market with their own local brands. This signals a new era for the country’s whisky industry…
  • Ace Turtle appoints Pradeep Mukim as CCO
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​In his new role, he will lead the sourcing function and outlet business along with driving Ace Turtle’s strategic initiatives.​..
  • Gen Z consumers prefer brands with social causes: Report
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​The report said younger consumers favour friends’ recommendations over celebrities when making purchases, with half of the consumers more likely to buy products through a friend’s recommendation, than through influencer or celebrity recommendation. This is contrary to many brand strategies that invest heavily on endorsements either through celebrities or through influencers on social media platforms.​..
  • Retailer Douglas plans Q1 listing in new test for European IPOs – sources
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​Proceeds from the IPO will be used to help pay down debt, the people said. The company had 3.4 billion euros of net debt at the end of September, including store leases, equating to about 4.7 times its adjusted core earnings…
  • Homegrown Ambrane expands global footprint, aims Rs 100 cr revenue
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​Homegrown consumer electronics and smart wearable brand Ambrane on Monday announced its expansion into the global market and aims for Rs 100 crore revenue this fiscal year.​..
  • Bumberry’s push for eco-friendly cloth diapers in baby care
    09 Jan 2024, retail.economictimes.indiatimes.com
    ​To tackle the environmental damage caused by disposable baby diapers, Kochi-based Bumberry Cloth Diapering Company has come up with eco-friendly reusable cloth diapers for babies, which it hopes will effect a marked shift in consumer preferences…
  • Ambrane Expands Global Footprint, Aiming to Achieve 100 cr in International Retail Revenue
    09 Jan 2024, indianretailer.com
    ​Ambrane, a leading Indian consumer electronics, and smart wearable brand, embarks on a noteworthy venture into the global market, with a focus on serving the UAE, Europe, USA, and East Asian regions. The brand introduces a range of top-tier products, including power banks, chargers, cables, and cutting-edge smart gadgets, bringing the renowned quality and innovation associated with Ambrane to an international audience.​..
  • Jaipur Rugs Collabs with Dhun Jaipur for ‘Tread Softly’ Art Residency
    09 Jan 2024, indianretailer.com
    ​Jaipur Rugs, a leading carpet manufacturer in India, has initiated a distinctive collaboration with Dhun Jaipur for a three-month artist residency and exhibition named ‘Tread Softly.’​..
  • Striding into FY2024: ICRA’s Insights on India’s Footwear Sector – 7 Key Takeaways
    09 Jan 2024, indianretailer.com
    ​Step into the beating heart of India’s footwear industry, where every stitch tells a story and each sole carries the weight of an evolving narrative.​..
  • iD Fresh Food Appoints Rajat Diwaker as India CEO
    09 Jan 2024, indianretailer.com
    ​On January 5, the homegrown fresh food brand iD Fresh Food revealed the appointment of industry veteran Rajat Diwaker as the India CEO…
  • Ace Turtle Appoints Pradeep Mukim as Chief Commercial Officer to Drive Retail Expansion
    09 Jan 2024, indianretailer.com
    ​Ace Turtle has named Pradeep Mukim as its Chief Commercial Officer, entrusting him with leading the sourcing function and outlet business, while steering strategic initiatives.​..
  • Woolmark, Andamen Introduce APEX – A Fusion of Luxury and Craftsmanship
    09 Jan 2024, indianretailer.com
    ​The Woolmark Company, a revered Australian brand, and Andamen, an esteemed Indian-origin menswear label, have unveiled APEX, an exquisite winter collection merging Australian excellence with Indian artistry…
  • The Souled Store Partners with Simpl to Elevate E-comm Experience
    09 Jan 2024, indianretailer.com
    ​The Souled Store has announced a strategic collaboration with Simpl – India’s foremost Checkout Network. This partnership aims to fortify The Souled Store’s e-commerce platform, providing an enriched shopping experience for millions of customers​..
  • American Pie Unveils in Mumbai
    09 Jan 2024, restaurant.indianretailer.com
    ​American Pie is a unique cloud kitchen that blends nostalgia with modern food experiences.​..
  • The real estate outlook: What to expect in 2024
    8 Jan 2024, realty.economictimes.indiatimes.com
    ​The desire for homeownership remains undeterred among consumers, as residential sales continue to breach previous highs. In the first nine months of 2023, an estimated 196,227 units were sold across top seven cities—marking a 15-year high.​..
  • Consumer companies do not want to leave distributors on margins
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​While most distributors earn fixed margins between 3-6% irrespective of sales, variables usually include additional margins on reaching defined sales targets. After piloting a 60-100 bps lower fixed margin to its distributors to 3.3% and raising variable margins by over 100-150 bps for nearly a year, HUL rolled out the structure across 110 top cities in October…
  • Flipkart may trim rolls by up to 7% in yearly refocus
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​Spotlight on Cleartrip, grocery and Shopsy; $1-billion funding in progress at company…
  • Advertisements get cash counters ringing at quick commerce and food delivery companies
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​Quick commerce and food companies such as Swiggy, Zomato, Blinkit and Zepto are using advertising to bump up their overall revenue, industry executives and advertisers told ET…
  • Dabur India sees sequential improvement in demand
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​The company, which owns various brands, including Dabur Chyawanprash, Dabur Honey, Dabur Pudin Hara, Dabur Amla, Real and Vatika, expects to register “mid to high single-digit growth during Q3 FY24” in its revenue. In the domestic business, the food & beverages segment is expected to grow in the high-single-digit and HPC (home & personal care) is expected to record growth in the mid-single digit…
  • Country Delight raises $20 million in funding from Temasek, Venturi Partners
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​The latest round values Gurugram-based Country Delight at around $820 million. The D2C fresh foods brand had last raised $108 million back in May 2022 at a valuation of $615 million…
  • How what sells most on Amazon, Flipkart and other online shopping websites may be changing
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​This article discusses the resurgence of brick-and-mortar stores for big-ticket electronics, signaling a shift in consumer behavior post-pandemic. Smartphone and television sales online have declined, while the contribution of in-store purchases has increased…
  • Shoe imports ban, fiscal sops, design centres to help footwear industry hit USD 90 bn mark: Report
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​”This growth will be characterized by two main changes – a significant increase in the demand for non-leather footwear (like sports shoes, running shoes, casual wear, and sneakers) in India, rising from 25 per cent to 75 per cent of the market share by 2030; and a shift in leather shoe production from small-scale, cottage industries to large corporates,” it said…
  • Textile industry struggles to boost sales
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​However, the industrialists have some reason to cheer as this winter witnessed a sharp rise in the sale of winter accessories including gloves, scarves, boots and winter socks. Garment manufacturers said people had not even started visiting stores for winter shopping halfway through December…
  • Kalyan Jewellers to open its 250th showroom in Ayodhya
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​Of the 30 showrooms, the company plans to add 15 ‘Kalyan’ showrooms in India, two ‘Kalyan’ showrooms in the Middle East and 13 ‘Candere’ showrooms, it said. “The ongoing quarter should witness the launch of the company’s 250th showroom in Ayodhya, a milestone in our journey,” Kalyan Jewellers added…
  • HUL puts focus on family packs
    8 Jan 2024, financialexpress.com
    ​Hindustan Unilever (HUL), the country’s largest consumer goods company, is pushing large or family packs into select general trade outlets in top 100 towns, as it seeks to shore up volume growth, at least three distributors from Maharashtra, Gujarat and Madhya Pradesh have told FE…
  • Beyond snacks and sweets: Haldiram’s Foods now also sells premium chocolates
    8 Jan 2024, livemint.com
    ​Haldiram’s Foods International Pvt Ltd (Nagpur) is entering the premium chocolate market, competing with the likes of ITC and Mondelez, as it builds a wider portfolio of packaged foods beyond sweets and savouries…
  • October-December 2023 speaks volumes about FMCG demand revival
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​Godrej Consumer Products said volume growth was likely in a high single digit, but sales value growth was flattish last quarter. Marico, which sells the Parachute coconut hair oil and Saffola oil, said domestic volumes grew in a low single digit year-on-year with a slight sequential improvement in core portfolio. But consolidated revenue declined by a low single digit…
  • France’s Leclerc backs Carrefour in pressuring food producers
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​France has been gripped by a debate over the price of staples, with retailers claiming producers’ price increases are unjustified. The government has demanded retailers and suppliers finish annual price negotiations in January, two months earlier than usual, as it seeks to lower inflation…
  • Global smartwatch sales likely to see 17% growth in 2024
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​Initially attracted to basic or affordable smartwatches, users are now seeking enhanced functionality, especially those who purchased devices during the pandemic…
  • Panasonic eyes double-digit growth in India this fiscal, plans to make country export hub
    8 Jan 2024, retail.economictimes.indiatimes.com
    ​Panasonic is expecting “double-digit” growth in the Indian market this fiscal and is preparing to tap into the country’s long-term potential by introducing high-tech products. The company is committed to the Indian market, citing its high long-term potential due to lower product penetration, providing room for growth…
  • Rising Consumer Spending In the Luxury Segment
    8 Jan 2024, indianretailer.com
    ​India is the fastest-growing economy across the globe and is estimated to become the third-largest economy by 2027. This has led to a change in the distribution of income, with the upper middle-class accounting for one-third of the overall population and the high-income class tripling by 2031…
  • Navigating Inflation: What Indian Retailers Must Focus On
    8 Jan 2024, indianretailer.com
    ​The recent pandemic has reframed the importance of nutrition and immunity building foods to India. A renewed awareness towards the value of health and an increase in disposable incomes has revived the food choices for the Indian customer…
  • Unlocking Potential: ONDC’s Impact on D2C Brands
    8 Jan 2024, indianretailer.com
    ​In the swiftly transforming digital commerce landscape, the growth of Direct-to-Consumer (D2C) brands has been nothing short of meteoric, reshaping the dynamics of the Retail Industry…
  • New Experimental Bar ’11:11′ Debuts in Mumbai
    8 Jan 2024, restaurant.indianretailer.com
    ​The brand specializes in a fusion of Continental fare with Indian influences, the menu at 11:11 showcases selections like Mangalorean ghee roast and Indian-Chinese fusion, alongside international delights such as Sushi, Baos, and an array of global dishes..
  • Arvind Rao To Head Brigade Group’s Commercial Business
    6 Jan 2024, rprealtyplus.com
    ​Brigade Group has announced the appointment of Arvind Rao as Vice President to head the Commercial business, with the responsibility to drive growth and profitability in asset management, revenues, and operations. He has over 17 years of experience in the office space segment, having represented developers and tenants as a consultant…
  • Indian Construction Sector Likely To Grow 8.5-9%
    6 Jan 2024, rprealtyplus.com
    ​Amid the upcoming general elections, the rating agency Icra in a report has projected the Indian construction industry to grow at 8.5 to 9 per cent in FY2024, driven by the government’s robust infrastructure agenda…
  • Macrotech Developers’ sale bookings up 12% to Rs 3,410 crore in Q3 FY24
    6 Jan 2024, realty.economictimes.indiatimes.com
    ​In a regulatory filing, Macrotech Developers informed that the company has achieved its best ever third quarter pre-sales performance…
  • Sobha’s sales bookings up 37% to Rs 1,952 crore in Q3 FY24
    6 Jan 2024, realty.economictimes.indiatimes.com
    ​The average price realization improved to Rs 11,732 per square feet during the third quarter of this fiscal year, from Rs 9,653 per square feet in the year-ago period…
  • Titan Q3 Update: Company sees 22% revenue growth on strong all-round show
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Titan added a total of 90 stores during the quarter, taking the group’s total presence to 2,949 stores. At the end of the September quarter, Titan had 2,859 stores…
  • Urban markets staying steady and rural markets offering little to cheer during Oct-Dec quarter – Marico
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Marico’s international business delivered mid-single digit constant currency growth amidst transient macro headwinds in the Bangladesh market, while the rest of the geographies held strong. With a degree of pricing corrections in key domestic portfolios yet to anniversarize and significant currency depreciation in select overseas geographies, consolidated revenue declined in low single digits on a year-on-year basis…
  • iD Fresh Food appoints Rajat Diwaker as India CEO; PC Musthafa assumes Global CEO role
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​As part of the new global structure, the company will appoint dedicated Business Heads and CEOs for each International market and also enter new markets, including Singapore and Australia, in 2024…
  • Godrej Consumer says reported volume growth continues to be double digit in December quarter
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Godrej Consumer Products reported double-digit volume growth in India for the quarter ending December 31, 2023, with the operating environment remaining similar to the second quarter. The company’s organic business delivered steady underlying volume growth of mid-single digit, with growth across both Home Care and Personal Care. The recently acquired Raymond Consumer Care brands, Park Avenue and KamaSutra, continue to perform well and are on track to achieve full-year ambition…
  • D2C investors expect funding and deal activities to be on the upswing in 2024
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Direct-to-consumer (D2C) investors expect that conscious fashion & apparel, travel & lifestyle, and home & decor categories are ripe for disruption. The expenditure in such categories is not only expected to rise in 2024 but is also projected to become a dominant trend throughout this decade. Also, D2C is believed to have completely transitioned to being omnichannel…
  • Govt rolls out mandatory quality norms for electrical accessories
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Under this order, items cannot be produced, sold, traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark. The order will come into force from six months of the date of publication of the notification, DPIIT said…
  • ONDC crosses record 5.5 million transactions in December
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Of the 5.5 million transactions made via ONDC in December, 3.4 million (63%) were in the mobility category while two million (37%) were in the retail category…
  • Myntra names Flipkart VP Govindraj its chief HR officer
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Govindraj, currently vice president-HR at Flipkart, will replace Nupur Nagpal, who is exiting Myntra. Myntra chief executive Nandita Sinha announced the appointment in an email sent to the company’s employees. ET has seen the email and confirmed the matter with Myntra’s spokesperson…
  • Toys to account for significant portion in Walmart’s $10 bn exports target from India: Offiical
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​In December 2020, Walmart committed to triple its exports of goods from India to $10 billion each year by 2027, providing a significant boost to micro, small and medium-sized enterprises (MSMEs) here…
  • Urban markets drive Q3 growth for FMCG Inc as rural demand lags
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​The maker of Saffola and Parachute oil brands also said constraints on liquidity and profitability in the general trade (GT) channel remained an overhang, while alternative channels continued to fare well. It has initiated significant steps towards improving the return on investments of its general trade partners and structurally re-igniting growth including a primary stock correction…
  • ‘Metros drive consumption in H1, rural and semi-urban areas closing in’
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Metro cities had grown the fastest from Q2 of last fiscal to Q1 of FY24. The aviation sector saw the highest growth of 29.7%, along with the hospitality sector at 12.8% in Q2 of FY24, reflecting an increased demand for travel, said the report. These travels may have been triggered by events such as the World Cup…
  • Clensta eyes global markets; aims to generate 10% revenue from overseas sales
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Currently, the brand has launched its products in Malaysia, US and Saudi Arabia and is aiming to foray into Nepal, Bangladesh, UAE and Gulf cooperation council (GCC)…
  • India to remain growth market for iPhones, say analysts
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​The brokerage cut Apple’s price target by $15, to $205, and downgraded its view on the stock to “neutral” from “overweight”, commenting that growth rates have peaked for unit sales of iPhones. On Tuesday, Barclays downgraded the Apple stock to “underweight”, which is equivalent to a “sell” rating…
  • Smartphones see a muted ’23, this year may be better
    6 Jan 2024, livemint.com
    ​India’s smartphone market cooled for a second straight year in 2023, analysts polled by said, even as they expect the year ahead to be better than the last. Smartphone volumes at 144-145 million units in 2023 remained unchanged from the previous year or were slightly less, four telecom analysts polled by…
  • Mumbai Goes 24×7 – A List Of Restaurants, Malls & Venues Open All Night
    6 Jan 2024, homegrown.co.in
    ​Mumbai regained its freedom to remain awake and busy with commercial establishments allowed to function 24*7 from midnight of January 26-27, after nearly three decades…
  • Mumbai & Other Cities Witness Mall Boom As Retail Space Supply In India Surges Over 72% In 1 Year
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Experts say by 2027, new supply of retail chains is expected to rise by 43 per cent across Delhi NCR, Mumbai, Pune, Bengaluru, Kolkata, Chennai, and Hyderabad…
  • KALKI Charts Global Expansion While Strengthening Retail Footprint in India
    6 Jan 2024, indianretailer.com
    ​KALKI, with an extensive retail space exceeding 35,000 square feet across key Indian markets like Surat, Ahmedabad, Delhi, Bangalore, and Mumbai, sets its sights on a transformative phase of global expansion and heightened domestic presence…
  • Luxury Soars: 18 pc Boost in New Year Spending Signals Potential Business Upswing
    6 Jan 2024, indianretailer.com
    ​As we usher in the New Year, Axis My India’s latest insights from the India Consumer Sentiment Index (CSI) shed light on the evolving consumer behaviors and spending trends that define the nation’s economic landscape. The report unveils a spectrum of optimistic findings…
  • Swiss Beauty Makes India’s First-Ever Holographic Eyeliner Debut
    6 Jan 2024, indianretailer.com
    ​In tune with the recent eye makeup craze, Swiss Beauty, India’s most popular cosmetic brand, has introduced the first-ever Holographic Eyeliner range in India for makeup lovers this New Year…
  • The Body Shop Achieves Milestone as First Global Beauty Brand with 100 pc Vegan Formulations
    6 Jan 2024, indianretailer.com
    ​The Body Shop, the pioneering British-born ethical beauty brand announces a significant milestone: it has become the world’s first global beauty brand to achieve 100 percent vegan product formulations across all ranges including skincare, body care, hair care, makeup, and fragrance…
  • Myntra Bolsters ‘Platform of Choice’ Status with 50+ Global Powerhouse Brands Joining its Portfolio in 2023
    6 Jan 2024, indianretailer.com
    ​2023 saw Myntra on board over 50 sought-after international brands, enabling its trend-first shoppers access to some of the most in-demand brands from across the globe…
  • Honasa Consumer Unveils India’s Inaugural Multi-Brand Outlet
    6 Jan 2024, indianretailer.com
    ​Beauty and personal care house of brands Honasa Consumer Pvt. Ltd has launched its first multi-brand outlet pan India at Seasons Mall, Pune, Maharashtra, a mall official wrote on social media on Monday…
  • Blaupunkt Unveils SBA01 Krisp Dolby Soundbar
    6 Jan 2024, retail.economictimes.indiatimes.com
    ​Blaupunkt, the German audio brand, has introduced its latest masterpiece, the SBA01 Krisp Dolby Soundbar, heralding a significant leap forward in audio technology…
  • Noida: I-T department searches Bhutani Infra, Group 108, Logix Group premises
    5 Jan 2024, realty.economictimes.indiatimes.com
    ​The premises of realty groups like Bhutani Infra, Group 108, Logix and some other companies were raided by the tax department, they said…
  • Noel Tata-led Trent charts expansion plan riding private label-only model
    5 Jan 2024, retail.economictimes.indiatimes.com
    The company’s revenues climbed substantially over the past five years, to ₹8,242 crore in FY23 from ₹2,157 crore in FY18. Concurrently, the net profit surged nearly five-fold to ₹394 crore. The stock has sparkled, too. Last year, Trent more than doubled in value, outpacing the 20% returns for the Nifty50. Over a two-year span, the stock nearly tripled, while the Nifty climbed 27% in the period…
  • FMCG companies and food services chains head to Ayodhya
    5 Jan 2024, retail.economictimes.indiatimes.com
    Expecting an 8-10-fold surge in tourism and floating (visiting) population of the city, FMCG companies and food services chains are heading towards Ayodhya ahead of the Ram temple consecration on January 22. Data by the UP Tourism Department shows that while 325,000 tourists visited Ayodhya in 2021, the number surged to 23.9 million the following year…
  • Top global apparel brands and retailers doubled sales in India over the past two years
    5 Jan 2024, retail.economictimes.indiatimes.com
    Swedish fashion retailer H&M and rival Zara reported a 40% increase in its topline while Japanese brand Uniqlo saw a 60% jump in sales. American denim maker Levi Strauss and British brand Marks & Spencer posted a 54% increase, latest filings with the Registrar of Companies showed. Dubai-based department store Lifestyle International, too, saw a 46% jump in revenues on a large base…
  • Mid-to-high single-digit revenue growth expected in Q3, says Dabur in Q3 update
    5 Jan 2024, retail.economictimes.indiatimes.com
    The maker of Real juice, Hommade condiments and chyawanprash noted in a filing to the stock exchanges that its foods and beverages segment would lead growth in the quarter, usually the best performer in the October-December quarter due to the festive season and its juices portfolio. Dabur said the third quarter has been better than expectations, also driven by its acquired Badshah masala franchise and its international business…
  • Sugar Cosmetics turned profitable in December; looking at 2-3 years’ timeline for IPO: Vineeta Singh
    5 Jan 2024, retail.economictimes.indiatimes.com
    Vineeta Singh says: “A few months back, we launched with Kareena a brand called Quench which is a skincare brand. So colour cosmetics is a Rs 10,000-crore market where Sugar plays and now Quench which is a skincare brand in partnership with Kareena Kapoor Khan is going to play in the Rs 25000 crore skincare market and that opens up opportunities to grow.”…
  • Wedding season fails to add shine to gold demand
    5 Jan 2024, retail.economictimes.indiatimes.com
    Some jewellers said they are now pushing studded jewellery where the margins are up to 3x higher than plain gold jewellery…
  • JD Sports’ profit warning wipes shine off shares
    5 Jan 2024, retail.economictimes.indiatimes.com
    JD, which sells Nike, Adidas and other sports fashion ranges, now expects profit before tax and adjusted items of 915-935 million pounds ($1.16-1.19 billion) for the year ending Feb. 3…
  • UK clothing retailer Next ups profit outlook again on strong Christmas
    5 Jan 2024, retail.economictimes.indiatimes.com
    The group also gave guidance for its 2024/25 year, forecasting a rise in full-price sales up 2.5%, total group sales up 6.0% and profit up 5% to 960 million pounds…
  • Leveraging AI in dairy and beverage manufacturing to ensure product quality: Sanjay Singal, COO, Dairy & Beverages, ITC Foods
    5 Jan 2024, retail.economictimes.indiatimes.com
    Sanjay Singal says digital technologies, including AI-powered sensors and machine learning algorithms, can help monitor and maintain product quality…
  • Rural demand for packaged goods remains weak in December quarter
    5 Jan 2024, retail.economictimes.indiatimes.com
    Packaged consumer goods such as soaps, detergents, and snacks saw tepid demand in rural India in the December quarter, triggering concerns over FMCG sales volumes, according to industry analysts…
  • Desi cocktail bars go beyond Pina Coladas to serve up a heady mix
    5 Jan 2024, retail.economictimes.indiatimes.com
    India’s pub and bar scene is undergoing significant growth, with niche cocktail bar concepts emerging in smaller towns. Delhi’s Sidecar has seen a 60% increase in revenues between 2021 and 2023, while profits have risen by 35-45%. The market is also seeing a rise in niche concepts in Jaipur, such as the Native Cocktail Room, which ranked number one in Bar Wars 2023 and featured in the 50 Best Bars India list…
  • Consumer discretionary categories barring jewellery, travel staring at moderating growth
    5 Jan 2024, retail.economictimes.indiatimes.com
    Despite a promising start to the festive season, most sectors, excluding jewellery and travel, seem to have hit the snooze button, as per a report released by HDFC Securities…
  • What’s new at Ambience Malls: the city’s hottest shopping destinations!
    5 Jan 2024, retail.economictimes.indiatimes.com
    While the city indulges in some New Year cheer in full style with parties, celebrations and get-togethers ringing in, most of us are busy getting hold of looks and styles to rock this gala season! Wouldn’t you just want to rock that little black dress or a shimmery number with a beret and some boots this winter, ladies? or just that perfect blazer with a turtleneck to add that oomph, gentlemen? Do not get flustered as Ambience malls in Gurugram and Vasant Kunj are here with a wide array of brands to please all our needs!…
  • Why bigger and more shopping malls are coming up in top cities
    5 Jan 2024, economictimes.indiatimes.com
    Even as e-commerce has become a buzzword in the retail industry lately and companies are focusing on online channels, physical retail still thrives in big cities where customers are supposed to be more connected and thus supposedly more inclined to …
  • KALKI Charts Global Expansion While Strengthening Retail Footprint in India
    5 Jan 2024, indianretailer.com
    KALKI, with an extensive retail space exceeding 35,000 square feet across key Indian markets like Surat, Ahmedabad, Delhi, Bangalore, and Mumbai, sets its sights on a transformative phase of global expansion and heightened domestic presence…
  • MiniKlub Elevates Kidswear Retail with Flagship Store Launch in Bhopal
    5 Jan 2024, indianretailer.com
    MiniKlub, a prominent kidswear brand, celebrates the inauguration of its flagship store in Bhopal, marking a significant stride in establishing itself as India’s premier destination for high-quality and stylish children’s fashion…
  • Michael Kors Introduces the Tribeca Shoulder Bag
    5 Jan 2024, indianretailer.com
    Inspired by the iconic New York City neighborhood, Michael Kors introduces the Tribeca shoulder bag—a testament to its downtown chic. Crafted from supple, quilted leather and adorned with a polished, push-lock fastening, the bag exudes a luxe sensibility…
  • From Threads to Trends: Benetton’s Colorful Legacy in India’s Retail Revolution
    5 Jan 2024, indianretailer.com
    Legacy brands often suffer from fatigue syndrome, especially in today’s dynamic retail universe that changes with the whims and fancies of the Gen Z. However, one brand has dared to improvise rather than conform — Benetton…
  • Addble Solutions Joins ONDC as a Seller Network Participant
    5 Jan 2024, indianretailer.com
    In a significant move, Addble Solutions Private Limited, a leading cloud-based omni-channel commerce platform based in Imphal, has officially gone live on the Open Network for Digital Commerce (ONDC) as a Seller Network Participant…
  • Invesco Boosts Swiggy’s Valuation to $8.3B in US Investment
    5 Jan 2024, restaurant.indianretailer.com
    In FY23, Swiggy incurred losses totaling about $545 million, marking an 80% surge from approximately $300 million in FY22…
  • Zoca Diner Unveils in Karol Bagh
    5 Jan 2024, restaurant.indianretailer.com
    The menu have options like Vegetable Flautas, Makhni Momos, Creamy Pasta, and Blueberry Bubble Tea and many more…
  • TGI Friday’s closes 36 stores, sells more to Former CEO Ray Blanchette
    5 Jan 2024, restaurant.indianretailer.com
    According to the reports, the price paid by Blanchette for the eight Fridays stores was not revealed. All of the units are in the Northeast, according to the chain…
  • Miniso Forges Global Partnership with Care Bears, Unveils Diverse-Themed Product Line
    5 Jan 2024, indianretailer.com
    Retail giant Miniso has revealed a new global partnership with Care Bears, set to bring forth an extensive product line featuring the beloved characters…
  • Clay Craft India Forges Strategic Retail Alliances with Leading Brand
    5 Jan 2024, retail.economictimes.indiatimes.com
    Clay Craft India Private Limited, the premier manufacturer of ceramic tableware products in India, has unveiled significant retail collaborations with prominent brands such as Home Centre, Myntra, D Mart, Nykaa, AJIO, and others…
  • Clay Craft India Forges Strategic Retail Alliances with Leading Brand
    5 Jan 2024, retail.economictimes.indiatimes.com
    Clay Craft India Private Limited, the premier manufacturer of ceramic tableware products in India, has unveiled significant retail collaborations with prominent brands such as Home Centre, Myntra, D Mart, Nykaa, AJIO, and others…
  • Embassy REIT approves raising of debt up to Rs 2,000 crore
    4 Jan 2024, retail.economictimes.indiatimes.com
    The proceeds from the issuance of the instruments will be utilized for the repayment of Embassy REIT’s existing debt…
  • Sugar Cosmetics FY23 revenue jumps 89% to Rs 420 crore, net loss stays flat
    4 Jan 2024, retail.economictimes.indiatimes.com
    Mumbai-based Sugar Cosmetics’ total expenses rose 68% on year to Rs 505 crore in FY23, primarily due to higher spending for purchases of stock-in-trade. During the year under review, it expanded its offline presence significantly…
  • Fashion platform Myntra’s FY23 revenue grows 25% to Rs 4,375 crore, loss widens
    4 Jan 2024, retail.economictimes.indiatimes.com
    Myntra’s total expenses in FY23 rose to Rs 5,290 crore. The fashion etailer spent Rs 1,758 crore in advertising and promotional expenses, up 35% from a year ago, the biggest single contributor to its total expenses…
  • Motorola brings on board TM Narasimhan to oversee India business
    4 Jan 2024, retail.economictimes.indiatimes.com
    Motorola Mobility India has appointed TM Narasimhan as managing director of Mobile Business Group – India, focusing on the Indian smartphone market and aiming to be among the top three brands. Narasimhan will report to Prashanth Mani, who will continue to lead Motorola’s Asia Pacific business. With experience in sales operations, business planning, and P&L management, Narasimhan is confident in leading the India team and elevating the business to greater success…
  • Govt relaxes certain quality control order norms for AC industry
    4 Jan 2024, retail.economictimes.indiatimes.com
    According to a government notification, Hermetic Compressors of more than 7000 W (2 TR) capacity have been removed from the order for one year for the manufacturers of air conditioning and refrigeration equipment and related parts…
  • Consumption in organised retail to grow at 9.3% in H1 FY24, says CMS Info Systems
    4 Jan 2024, retail.economictimes.indiatimes.com
    “From a demographic perspective, Metro cities which had grown the fastest from Q2-FY23 to Q1-FY24, were outpaced in H1 FY24 by SURU (semi-urban and rural), which saw the fastest consumption growth of 9.2% YoY, triggered by improved discretionary spending and demonstrating tailwinds in the rural economy,” said CMS…
  • Cloud kitchen startup Curefoods reports fourfold jump in FY23 revenue, loss widens
    4 Jan 2024, retail.economictimes.indiatimes.com
    The startup that runs brands like EatFit, CakeZone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle posts a loss of Rs 342 crore on operating revenue of Rs 382 crore..
  • VRO Hospitality raises $10 million in bridge round to aid expansion plans
    4 Jan 2024, retail.economictimes.indiatimes.com
    The company, which closed its last fiscal at Rs 170 crore, is planning to close this fiscal with Rs 350 crore in revenue…
  • Fewer phones, more FMCG items flying off ecommerce shelves
    4 Jan 2024, retail.economictimes.indiatimes.com
    Consumers are moving back to brick-and-mortar stores to buy expensive items such as smartphones and televisions. However, the opposite is observed in the case of FMCG products. For fast-moving consumer goods (FMCG), companies like ITC, Emami, Marico, Parle Products and Dabur have reported a growth of 3-5% percentage points in e-commerce contribution in the last one-two years, driven largely by quick commerce…
  • SaaS platform Kiko Live launches on ONDC, to activate 50,000 retailers in next six months
    4 Jan 2024, retail.economictimes.indiatimes.com
    Backed by early-stage investors, including 9 Unicorns, Venture Catalysts, SOSV, and GSF, Kiko aims to to tap into a broader customer base, providing an expanded choice for the buyers…
  • Impresario expects to cross ₹700 crore EBIDTA; double digit margins
    4 Jan 2024, retail.economictimes.indiatimes.com
    Impresario will cross the ₹700 crore mark for corporate EBIDTA in FY24, expecting a double digit growth in margins, Riyaaz Amlani, MD of Impresario Entertainment and Hospitality Pvt Ltd, told businessline…
  • D2C ayurveda brand Kapiva’s revenue doubles to Rs 114 crore in FY23
    4 Jan 2024, retail.economictimes.indiatimes.com
    Kapiva reported Rs 114-crore revenue from operations for FY23, nearly double from Rs 59 crore in FY22, according to its regulatory filings with the Registrar of Companies (RoC). However, the company also saw its net loss widen to Rs 64 crore in FY23 from Rs 48 crore in the previous year…
  • Nomura sees rural demand gathering steam in 2024
    4 Jan 2024, retail.economictimes.indiatimes.com
    The global investment banking firm noted that even though growth is expected to slow down in the coming fiscal to 5.6% from 6.7% projected in FY24, mass consumption may rise as easing price pressures support mass consumption…
  • 32 more shops, commercial establishments in Delhi can now remain open 24/7
    4 Jan 2024, retail.economictimes.indiatimes.com
    So far 667 shops and commercial establishments have been allowed to operate 24/7 in Delhi. The government’s objective behind this is to create more job opportunities and boost overall economic development in Delhi, the statement said…
  • Xiaomi lists premiumisation, AIoT, omnichannel push as India priorities
    4 Jan 2024, retail.economictimes.indiatimes.com
    In 2024, India smartphone market will grow in single-digit percentage, largely driven by 5G, says Xiaomi India chief Muralikrishnan…
  • What’s new at Ambience Malls: City’s hottest shopping destinations!
    4 Jan 2024, timesofindia.indiatimes.com
    While the city indulges in some new year cheer in full style with parties, celebrations and get-togethers ringing in, most of us are busy getting hold of looks and styles to rock this gala season! Wouldn’t we just wanna rock that little black dress or a shimmery number with a beret and some boots this winters, ladies? or just that perfect blazer with a turtleneck to add that oomph, gentlemen? Do not get in a fluster as…
  • The story of organising retail
    4 Jan 2024, business-standard.com
    Almost 10 years ago, traders had their moment when they gathered at Delhi’s Siri Fort Auditorium. It was a full house on February 27, 2014, just weeks before the general election…
  • KENT’s Multi-purpose Zoom Plus Vacuum Cleaner Elevates Home Maintenance Standards
    4 Jan 2024, indianretailer.com
    KENT, a trailblazer in the RO Water purifier industry and a leader in innovative home appliances, unveils its latest groundbreaking product, the Multi-purpose Zoom Plus Vacuum Cleaner…
  • ITC Sunfeast Farmlite Unveils 100 pc Paper Packaging for Digestive Biscuits
    4 Jan 2024, indianretailer.com
    ITC Sunfeast Farmlite, the renowned range of wholesome biscuits from ITC Foods, has unveiled its latest offering – the Sunfeast Farmlite Digestive Biscuit Family Pack, featuring a groundbreaking 100 percent outer paper bag packaging…
  • Crafting Success in Rural Retail: MoRD Joins Forces with JioMart for India’s Artisans
    4 Jan 2024, indianretailer.com
    In a groundbreaking move towards uplifting rural artisans, the Ministry of Rural Development (MoRD) recently inked a Memorandum of Understanding (MoU) with Reliance Retail’s JioMart…
  • Trends Shaping Retail Consumption in 2023
    4 Jan 2024, indianretailer.com
    CMS Info Systems has unveiled key insights into the organized retail segment’s consumption trends during the first half of FY24…
  • Haldiram’s Nagpur Debuts Chocolate ‘Cocobay’ for Discerning Tastes
    4 Jan 2024, indianretailer.com
    Haldiram’s Nagpur, recognized as India’s top sweets and snacks brand, has ventured into the premium chocolate retail market during the festive season with the launch of ‘Cocobay.’..
  • From Swiggy to Ola Electric, Brands Plan to Raise Rs 1 Lakh Crore via IPO in 2024
    4 Jan 2024, indianretailer.com
    Indian companies are optimistic about a positive market growth in 2024, aiming to raise over Rs 1 lakh crore through Initial Public Offerings (IPOs), which is double the previous year’s Rs 2000 crore. There are several large-sized IPOs in the pipeline…
  • ColourPop Cosmetics Debuts in Indian Beauty Retail Through Exclusive Nykaa Partnership
    4 Jan 2024, retail.economictimes.indiatimes.com
    Get ready for a splash of vibrant hues as ColourPop Cosmetics, the renowned California-based cruelty-free brand, makes its highly anticipated entry into the Indian beauty scene, exclusively on Nykaa…
  • Clay Craft India Forges Strategic Retail Alliances with Leading Brand
    4 Jan 2024, indianretailer.com
    Clay Craft India Private Limited, the premier manufacturer of ceramic tableware products in India, has unveiled significant retail collaborations with prominent brands such as Home Centre, Myntra, D Mart, Nykaa, AJIO, and others…
  • UBON PB-X105 Wireless Power Bank Debuts in Indian Market
    4 Jan 2024, indianretailer.com
    UBON, a pioneer in innovative mobile accessories in India, is excited to introduce its latest offering, the UBON PB-X105 Magnetic Wireless Power Bank…
  • HyugaLife Secures $1 mn Funding to Reinforce Retail Presence in India
    4 Jan 2024, indianretailer.com
    In a strategic move aimed at propelling its growth trajectory, health and wellness platform HyugaLife has successfully raised $1 million in funding from existing and new investors, including strategic debt financing from renowned partners Stride Ventures and Getvantage…
  • How Kirana Club is Transforming India’s FMCG Landscape, Empowering Local Stores
    4 Jan 2024, irecwire.com
    Anshul Gupta, the visionary Founder & CEO, embarked on a mission to transform the landscape for Kirana stores, creating a platform that bridges the information gap and fosters lasting partnerships…
  • Radiohead Brands Secures 12Cr, Closes 35Cr Pre-Series A Round
    4 Jan 2024, restaurant.indianretailer.com
    The company’s goal is to achieve a revenue run-rate of 100 crore by the next year, with a broader ambition of becoming a 1000 crore revenue enterprise within the decade…
  • Abhiram Menon Appointed General Manager at Hilton Bangalore Embassy Golflinks
    4 Jan 2024, restaurant.indianretailer.com
    Abhiram employs a three-step method, focusing on achieving commercial goals while prioritizing guest satisfaction. His leadership lies in precise operational management, maintaining a continuous drive for advancement…
  • Goa Single Window Clearance For Real Estate Investors
    3 Jan 2024, rprealtyplus.com
    The Goa government amended its policies to simplify the processes for investors by providing single-window clearance for land allotment and construction to attract industries to the state…
  • Radhakishan Damani picks up 1.44% stake in VST Industries via bulk deal
    3 Jan 2024, retail.economictimes.indiatimes.com
    Meanwhile, SBI Mutual Fund has also bought 1.4% stake in the transaction, under which the sellers were HDFC Mutual Fund and DSP Mutual Fund. Both the funds offloaded nearly 3% stake in combination. According to the latest shareholding data, VST Industries is majority-owned by public shareholders at 67%, while promoters have the rest 32%…
  • Zomato hikes platform fee it charges users by 33% in key markets
    3 Jan 2024, retail.economictimes.indiatimes.com
    The listed company started charging a flat platform fee in August 2023. Initially Rs 2 per order, it was subsequently increased to Rs 3 in most of its major markets…
  • ETGIRS: What’s Next For Malls | Harshvardhan Bansal, co-founder, Unity Group
    3 Jan 2024, retail.economictimes.indiatimes.com
    Unity Group’s co-founder on navigating the evolving role of malls in India…
  • Flipkart cofounder Binny Bansal launches OppDoor, an ecommerce startup focussed on online brands
    3 Jan 2024, retail.economictimes.indiatimes.com
    For OppDoor, Bansal, who exited Flipkart fully last year by selling his remaining stake to Walmart, has onboarded former Flipkart executives for the venture, people aware of the matter said…
  • DMart’s Q3 standalone revenue rises 17.2 pc to Rs 13,247 crore
    3 Jan 2024, retail.economictimes.indiatimes.com
    “Standalone Revenue from operations for the quarter ended (QE) December 31, 2023 stood at Rs 13,247.33 crores,” said Avenue Supermarts in a regulatory filing…
  • NIVEA India appoints Geetika Mehta as MD
    3 Jan 2024, retail.economictimes.indiatimes.com
    Before Nivea, Mehta served as Hershey India MD and has worked with Hindustan Unilever for 18 years…
  • Hershey names Luigi Mirri as India head
    3 Jan 2024, retail.economictimes.indiatimes.com
    Luigi Mirri takes over as general manager for India operations, while retaining responsibility for APAC…
  • Fashion’s sales season plastics problem isn’t about packaging
    3 Jan 2024, retail.economictimes.indiatimes.com
    In a world where more than half of clothes are made from cheap polyester, the disposable plastics you wear are a far bigger problem than the bags they’ve been delivered in…
  • Zomato’s ‘war room’ to take on New Year’s Eve surge stirs work culture debate online
    3 Jan 2024, retail.economictimes.indiatimes.com
    Deepinder Goyal, cofounder and chief executive of Zomato, on Sunday shared images from the company’s ‘war room’ showing employees huddled in conference rooms, to take on heightened demand on account of New Year’s Eve…
  • FMCG will continue to grow but there will be a shift from mass to niche brands: Anand Ramanathan, Deloitte India
    3 Jan 2024, retail.economictimes.indiatimes.com
    Anand Ramanathan says: “Overall the market looks good, particularly rural India and hence as demand strengthens, some of these pressures of inflation will soften. Also, 60-70% of an FMCG brand’s cost comes from the cost of raw material and therefore, inflation and geopolitics and commodity prices, etc, have impact on pricing which many a times they are not able to pass on to the consumer.” …
  • Weak rural demand set to hit consumer goods sales in Q3
    3 Jan 2024, retail.economictimes.indiatimes.com
    Rural demand for daily household products and groceries has been challenging in villages, potentially impacting the overall consumer goods sector’s volume growth…
  • Feminine hygiene penetration still lower than 30% in India: Pee Safe
    3 Jan 2024, retail.economictimes.indiatimes.com
    Originally launched a decade ago with just one product, a toilet seat sanitizer by Vikas Bagaria, and Srijana Bagaria (husband-wife duo) out of a personal incident, Pee Safe has evolved into a personal hygiene and fast-moving consumer goods (FMCG) brand. In the past six years, the company has diversified its product range to include personal hygiene categories, addressing the needs of girls from puberty to menopause…
  • Wearables firm Ultrahuman says revenue growing 20% on month
    3 Jan 2024, retail.economictimes.indiatimes.com
    Ultrahuman is targeting over $50 million annual run rate by March, says CEO Mohit Kumar…
  • Mumbai Marvels: Unveiling the Top 10 Biggest Malls, Where Tradition Meets Trendsetting
    3 Jan 2024, businessoutreach.in
    Mumbai, renowned for its cosmopolitan ambiance, attracts individuals from across India who proudly identify as ‘Mumbaikars…
  • India’s Malls Forecasted to Expand by 116-118 Million Square Feet by 2025
    3 Jan 2024, indianretailer.com
    The post-pandemic era has ushered in a remarkable transformation in the shopping landscape, with a discernible shift driven by the youth’s renewed affinity for malls…
  • Balenzia Unveils New Store at Kolkata Airport
    3 Jan 2024, indianretailer.com
    Balenzia, India’s pioneering sock brand, has opened its newest outlet at the Netaji Subhas Chandra Bose International Airport in Kolkata…
  • Arrow Launches New Identity Stores
    3 Jan 2024, indianretailer.com
    Arrow, a brand synonymous with timeless fashion, is proud to announce the launch of its new identity stores, redefining the shopping experience for its valued customers…
  • Liberty Shoes Unveils Comfort-Driven Festive Collection for Effortless Elegance
    3 Jan 2024, indianretailer.com
    Liberty Shoes introduces a diverse and thoughtful holiday collection that aims to transcend the boundaries of footwear, focusing on both style and comfort…
  • Portronics Introduces 3-in-1 Wireless Charger with a Digital Alarm Clock
    3 Jan 2024, indianretailer.com
    Portronics, a renowned brand for portable gadgets in India, has introduced Bella, a versatile 3-in-1 Wireless Charger tailored for Qi-enabled smartphones, TWS earphones, and smartwatches…
  • Senco Gold & Diamonds Reveals Wedding Collection
    3 Jan 2024, retail.economictimes.indiatimes.com
    Senco Gold & Diamonds, a prominent jewelry retailer, has unveiled its enchanting Wedding Collection for the upcoming season…
  • Cornitos Introduces New Packaging for Crusties
    3 Jan 2024, indianretailer.com
    Cornitos, a made-in-India snack brand, has just unveiled a captivating packing to its timeless favorite Crusties. This pack comes wrapped in innovative packaging featuring the mascot…
  • Innovate, Adorn, Transcend with BlueStone
    3 Jan 2024, indianretailer.com
    In 2011, Gaurav Singh Kushwaha embarked on a journey that would redefine the landscape of jewelry shopping in India…
  • Spain’s Tendam Forges Alliance with Myntra to Expand Presence in India’s Fashion Landscape
    3 Jan 2024, indianretailer.com
    Tendam, one of Europe’s leading Omni-channel specialist fashion groups, has announced a strategic collaboration with Myntra, one of India’s leading platforms for fashion, beauty, and lifestyle, to enter and expand in India, one of the world’s fastest-growing markets…
  • The Retail Empire Built on Value, Vision, and a Dash of Damani Magic
    3 Jan 2024, indianretailer.com
    DMart, the name that conjures images of overflowing grocery baskets and happy shoppers in India, is more than just a supermarket chain. It’s a retail revolution spearheaded by the enigmatic billionaire, Radhakishan Damani…
  • Navigating the E-Commerce Landscape: A Year in Review and the Road Ahead
    3 Jan 2024, indianretailer.com
    As we bid farewell to the transformative year that was 2023, the Indian e-commerce landscape emerges as a tapestry woven with threads of innovation, adaptability, and resonance with evolving consumer dynamics…
  • E-Commerce’s Ascendance: Transforming Supply Chains in the Digital Age
    3 Jan 2024, indianretailer.com
    In the dynamic landscape of commerce, the surge of e-commerce is reshaping how businesses operate and consumers shop. McKinsey & Company reports significant e-commerce growth, surpassing traditional retail…
  • Nao Spirits Launches “Pipa – Rum de Goa”, A Spiced Rum from Goa
    3 Jan 2024, restaurant.indianretailer.com
    Launched exclusively in the Goa market, Pipa stands as a testament to Nao Spirits’ commitment to quality and heritage…
  • Roastery Coffee House Enters Finland; Becomes India’s First Coffee Brand to Set Shop in the European Continent
    3 Jan 2024, restaurant.indianretailer.com
    The expansion plans are already in motion and began with a stellar 3-day coffee pop-up event in Helsinki on the 15th, 16th, and 17th of December 2023, held at ISO Roobertinkatu 30…
  • Institutional Investments In Indian Real Estate Rise 10% YoY
    2 Jan 2024, rprealtyplus.com
    Institutional investments in Indian real estate sector maintained a steady momentum at USD5.4 billion, rising 10% YoY during 2023. The year witnessed highest levels of investment inflows since 2020 showcasing India’s resilience despite uncertainties in global markets otherwise, says Colliers India report. ..
  • PepsiCo widens search for new executive to head its India business
    2 Jan 2024, retail.economictimes.indiatimes.com
    Earlier, PepsiCo India’s current senior vice president and general manager, beverages, George Kovoor, was believed to be taking over the top role to succeed Ahmed ElSheikh. The developments follow PepsiCo’s current president ElSheikh, who is expected to move to a global role within the company this year, making way for the leadership transition…
  • More startups India-bound, map ‘reverse flip’
    2 Jan 2024, retail.economictimes.indiatimes.com
    Pine Labs and Udaan are the latest to plan shifting their holding companies to India with an eye on the long term. They join several other well-funded and highly valued startups that are moving their overseas holding companies to India — or ‘reverse flipping’ ahead of listings…
  • As India gallops, so will FMCG industry: Sanjiv Puri, ITC CMD
    2 Jan 2024, retail.economictimes.indiatimes.com
    The market size of the FMCG segment by 2030 is estimated at over `21 trillion. Experts indicate that consumption rises at a much faster pace when per capita incomes cross $4,000, as is expected in India by 2030. There is today an increasing consumer preference for trusted brands, convenience, offerings in health and wellness as well as premium products. In 2024, a rising Bharat with unbounded aspirations, the massification of digital access and democratisation of premiumisation will further broaden opportunities for the FMCG sector…
  • Printing ‘date of manufacturing’, ‘unit sale price’ on packaged items becomes mandatory from January 1
    2 Jan 2024, retail.economictimes.indiatimes.com
    Now, companies have been mandated to print only the ‘date of manufacturing’, along with the ‘unit sale price’, as per the latest notification issued by the Consumer Affairs Ministry. Printing the date of manufacturing will help consumers know how old the packaged item is and help them make conscious purchase decisions. Similarly, the printing of unit sale price will make it easy for consumers to ascertain the cost in unit terms…
  • Asian Paints gets GST demand notice of Rs 13.83 crore
    2 Jan 2024, retail.economictimes.indiatimes.com
    The demand is for the financial year 2017-18 over mismatch on input tax credit (ITC), the leading paints maker said in a regulatory filing. “The company has a strong case based on merits and will be filing rectification and/or appeal against the said order within the prescribed timelines,” it added. Asian Paints further said it has discharged applicable taxes on the outward supplies made by the company and has also fulfilled all the conditions prescribed for availing of the ITC…
  • Zepto on track for $1 billion run rate in annual sales value
    2 Jan 2024, financialexpress.com
    Quick commerce unicorn Zepto is on track to reach a $1 billion run rate in annualised sales value within the next couple of quarters, its co-founder and chief executive officer Aadit Palicha said in a LinkedIn post…
  • Gin maker Nao Spirits forays into premium rum biz
    2 Jan 2024, livemint.com
    Gin-maker Nao Spirits and Beverages Pvt. Ltd has forayed into premium rums with Pipa-Rum de Goa…
  • Over 4.8 lakh biryanis ordered on Swiggy during new year’s eve
    2 Jan 2024, retail.economictimes.indiatimes.com
    Over 4.8 lakh biryanis were ordered on Swiggy during new year’s eve celebrations with a peak of 1,244 units of the dish being ordered every minute, sources employed with the food delivery platform said on Monday. While close to one in every four biryani orders were placed in Hyderabad, Swiggy Instamart — the platform for ordering groceries and home essentials — did 1.6x more orders per minute in comparison to the previous record high witnessed during the 2023 Cricket World Cup final on November 19…
  • Karnataka: State-owned MSIL sets new record in liquor sales on New Year eve
    2 Jan 2024, retail.economictimes.indiatimes.com
    Among the districts, Bengaluru Urban topped the list with sales touching Rs.1.82 crore. On the same day in the previous year, the district had sold liquor worth Rs.1.35 crore…
  • GST collections up 10% YoY at Rs 1.64 lakh crore in Dec
    2 Jan 2024, retail.economictimes.indiatimes.com
    Experts said the double-digit growth in collections reflected the underlying economic momentum and the monthly moderation was attributable to holidays and the base effect…
  • A Glance at India’s Retail Renaissance in 2023
    2 Jan 2024, retail.economictimes.indiatimes.com
    After overcoming pandemic-era challenges which broke the back of physical retail, the sector bounced back in 2022, showing remarkable resilience. We’re seeing a major shift this year, with soaring sales, tech innovations, global partnerships, and strategic investments that are reshaping the landscape. With nearly 60 new shopping malls, encompassing over 23 million sq. ft of retail space, set to open by 2025, this growth will continue in a robust fashion…
  • Redefining Retail Realm: India’s Journey Through 2023 & Emerging Horizons In 2024
    2 Jan 2024, businessworld.in
    Kumar Rajagopalan, CEO of Retailers Association of India (RAI), shares his views on 2023’s retail metamorphosis and a glimpse into India’s evolving shopping landscape in 2024..
  • A Look Back at the Empowering Entrepreneurial Women of 2023
    2 Jan 2024, indianretailer.com
    On World Entrepreneurs Day 2023, women entrepreneurs take the spotlight as they share their remarkable journeys, challenges, and visions for the future…
  • E-Commerce’s Ascendance: Transforming Supply Chains in the Digital Age
    2 Jan 2024, indianretailer.com
    In the dynamic landscape of commerce, the surge of e-commerce is reshaping how businesses operate and consumers shop. McKinsey & Company reports significant e-commerce growth, surpassing traditional retail…
  • Green Restaurants: Transforming Dining with Sustainable Urban Farming
    2 Jan 2024, indianretailer.com
    The Indian restaurant industry is undergoing a significant green revolution, focusing on sustainability and environmental consciousness…
  • Retail sector set for 10-13% growth in 2024 on luxury, value purchases, demand uptick
    1 Jan 2024, retail.economictimes.indiatimes.com
    The space has bright spots such as robust GDP growth, tech-driven transformation, continued festive season impact, higher rural consumption as well as favourable demographics with a rising middle class and a young population having more disposable income…
  • When FMCG giants pushed on with a cartful of troubles
    1 Jan 2024, retail.economictimes.indiatimes.com
    Overall sales of apparel and electronic products have been languishing for over a year now, while those of mass-segment electronic products have been low since the pandemic outbreak. According to researcher GfK, there was a slight pick-up in mass segment during Diwali…
  • Quick-commerce, food-delivery firms log order surge on New Year’s Eve
    1 Jan 2024, retail.economictimes.indiatimes.com
    Quick-commerce firms Blinkit, Swiggy Instamart and Zepto said their order count on Sunday surpassed the total orders on December 31, 2022. While Zomato-owned Blinkit and Instamart said the numbers surpassed the year-earlier count by early evening, Zepto claimed it exceeded that by the afternoon itself…
  • Thoda achhe wala dikhao: The year Indian shoppers went premium
    1 Jan 2024, retail.economictimes.indiatimes.com
    In 2023, India witnessed a shift in consumer demand, as sales of low-priced goods declined while luxury items surged, marking a notable trend. Companies adapted by targeting affluent consumers to offset reduced sales and declining margins, highlighting a clear split in consumer preferences towards premium products amid market challenges…
  • Predictions for 2024: Hear this! Wearables are poised for a boom time
    1 Jan 2024, retail.economictimes.indiatimes.com
    India’s electronics manufacturing saw a 24% surge in 2023, generating $18 billion in revenue. The hearables and wearables industry, driven by domestic adoption, is expected to see robust growth in 2024. With AI advancements and wearables becoming essential health companions, Indian brands are gaining popularity. The industry is expected to reach $8 billion by 2025-26, with immense export potential…
  • Snapdeal’s FY23 consolidated loss narrows to Rs 282 crore
    1 Jan 2024, retail.economictimes.indiatimes.com
    The company’s loss-reduction measures also led to revenue decreasing to Rs 388 crore in FY23 from Rs 564 crore in FY22…
  • Dark Patterns and its impact in the digital world
    1 Jan 2024, retail.economictimes.indiatimes.com
    Amid a rise in online shopping and an increase in the number of internet users, deceptive strategies have been potentially used by certain e-commerce players to intentionally manipulate or mislead users. These unethical strategies are designed to lead to exploiting cognitive and behavioral biases. For instance, e-commerce websites try to gain more sales through hidden costs, retrieve consumer personal data intrusively, increase attention time through addictive practices, among others…
  • Apparel retail sector is likely to face another quarter of slowdown: Report
    1 Jan 2024, retail.economictimes.indiatimes.com
    This is primarily due to the lower footfall during the peak season, impact of world cup during weekends and late onset of winter season. As a result, most brands have kicked-off end of season sale offering upto 65% discount, 2 weeks early in December 2023 against normal one month EOSS window in January…
  • Predictions for 2024: Discovering the ‘real’ joys of craftsmanship, says fashion designer Sabyasachi Mukherjee
    1 Jan 2024, retail.economictimes.indiatimes.com
    Homegrown gourmet pizza makers, which have emerged as challengers to global brands, are looking to win over palates by giving serious attention to ingredients. For some, it’s the dough that’s the trade secret; for others, the toppings or crust, tomatoes or cheese. None of them wants to give away too much, wary about revealing their competitive edge…
  • Unilever’s shift to power brands puts focus on India
    1 Jan 2024, financialexpress.com
    The company’s strategy to streamline its product portfolio, supply chain and sustainability has implications for India, which is the firm’s second-largest market after the US…
  • Consumer majors soup up millet strategies to seed sales
    1 Jan 2024, retail.economictimes.indiatimes.com
    Companies had ventured into the market following the government’s nudge on increasing millet consumption. Sales, however, have been sluggish due to the consumer perception that these products are not tasty and are priced high, apart from the difficulty in adding millets as ingredients in existing items – as it changes flavour – and low shelf life…
  • A Glance at India’s Retail Renaissance in 2023
    1 Jan 2024, retail.economictimes.indiatimes.com
    After overcoming pandemic-era challenges which broke the back of physical retail, the sector bounced back in 2022, showing remarkable resilience. We’re seeing a major shift this year, with soaring sales, tech innovations, global partnerships, and strategic investments that are reshaping the landscape…
  • India to remain fastest-growing major economy in 2024
    1 Jan 2024, retail.economictimes.indiatimes.com
    India recorded a gross domestic product (GDP) expansion of 6.1 per cent in the March quarter. The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter…
  • With more local value additions, electronics manufacturing sector to be worth $115 bn in 2024
    1 Jan 2024, retail.economictimes.indiatimes.com
    Year 2024 is expected to see robust growth in India’s electronics manufacturing sector which is set to grow 15 per cent. According to data shared by the government, domestic electronics manufacturing increased over four-fold to Rs 8.22 lakh crore or USD 102 billion in the last 10 years from Rs 1,80,454 crore (USD 29.8 billion) in FY14…
  • Biggest Mall in India, List of Top-10
    1 Jan 2024, currentaffairs.com
    Lulu International Shopping Mall, located in Kochi, Kerala, holds the title of biggest mall in India. Check the list of top-10 largest malls in India…
  • FMCG distributors oppose HUL’s decision to change margin structure
    30 Dec 2023, retail.economictimes.indiatimes.com
    HUL, the owner of well-known brands like Lux, Lifebuoy, Surf Excel, Rin, Pond’s, and Dove, has made changes to its margins for distributors. The company has decreased the fixed margin by 60 basis points, while increasing the variable margins by 100 to 130 basis points. This decision has faced opposition from the All India Consumer Products Distributors Federation (AICPDF), who have expressed concerns about the timing of the move and the slow growth in sales volumes. They are even considering taking measures like stopping purchases in response to this change…
  • Meesho FY23 revenue grows 77% to Rs 5,735 crore, loss narrows 48%
    30 Dec 2023, retail.economictimes.indiatimes.com
    For the first half of FY24 ended September 30, 2023, Meesho said its operating revenue increased 37% year-on-year to Rs 3,521 crore, with a 90% reduction in loss to Rs 141 crore. ..
  • Kalyan Jewellers sets up subsidiary firm in Oman to expand biz
    30 Dec 2023, retail.economictimes.indiatimes.com
    Kerala-based Kalyan Jewellers recorded a 30 per cent jump in consolidated net profit to Rs 278 crore during the first half of the current fiscal as against Rs 214 crore in the year-ago period…
  • More Indians going nuts over dry fruits
    30 Dec 2023, retail.economictimes.indiatimes.com
    Demand for dry fruits has seen a spike in the last few days, after the government issued an advisory on a new Covid subvariant and reports of a surge in infections in several states, traders said. Nearly 80% of local demand for dry fruits is met through imports. Almonds and walnuts are the top-selling dry fruits in the country…
  • Blutherm expects to sell 2,000 units this fiscal, eyes Rs 5 crore sales
    30 Dec 2023, retail.economictimes.indiatimes.com
    With the current pricing structure and presence in Mumbai, Blutherm expects to achieve a revenue of Rs 5 crore in this fiscal. Recently, the company has brought premium water heaters through an exclusive partnership with water heater maker Clage to cater to the Indian market…
  • Amazon India’s logistics unit sees revenue fall marginally to Rs 4,543 crore
    30 Dec 2023, retail.economictimes.indiatimes.com
    Amazon Transportation Services’ financial numbers are in line with a deceleration seen in Amazon’s other India businesses during the last fiscal, as the Seattle-based parent is pulling back on cash burn across the board…
  • Gem, jewellery exports dip by 4.52 pc in Nov to Rs 19,018 cr: GJEPC
    30 Dec 2023, retail.economictimes.indiatimes.com
    In November, India’s gem and jewellery exports decreased by 4.52% YoY to Rs 19,018.18 crore (USD 2,263.34 million), marking an improvement from the previous year. The Gem and Jewellery Export Promotion Council (GJEPC) attributes the decline to supply disruptions and a voluntary halt in rough diamond imports due to geopolitical issues. GJEPC Chairman Vipul Shah anticipates further improvement, citing heightened festival demand and expects FY24 exports to surpass the previous financial year…
  • Godrej Jersey eyes expanding the retail category pie
    30 Dec 2023, thehindubusinessline.com
    We have started introducing products of smaller denominations to expand the retail market: Bhupendra Suri, CEO of Godrej Jersey..
  • Unilever Dubai Personal Care to market more niche products
    30 Dec 2023, thehindubusinessline.com
    Rising consumer preference for personal care products through social media platforms has facilitated the Unilever Dubai Personal Care (DPC) factory to widen its bouquet of offerings to include more premium and niche products…
  • Indian economy to comfortably exceed 6.5 per cent GDP growth rate for FY24, says FinMin
    30 Dec 2023, retail.economictimes.indiatimes.com
    On the inflation front, with the stable downward movement in core inflation and continuing deflation in fuel inflation, the headline inflation outlook is on a declining trend, notwithstanding temporary disruptions from food prices. RBI has projected inflation to average at 5.4 per cent in FY24…
  • Samsung to finally get its FY21 incentives under PLI scheme
    30 Dec 2023, retail.economictimes.indiatimes.com
    The Indian government has cleared over ₹500 crore claims for South Korean smartphone manufacturer Samsung for the first year of the smartphone production-linked incentive (PLI) scheme, which was granted after over two years of revisions due to discrepancies in the original paperwork. Samsung had initially filed for ₹900 crore, claiming to have achieved a target of ₹15,000 crore worth of incremental sales for FY21…
  • Retail sector set for 10-13% growth in 2024 on luxury, value purchases
    30 Dec 2023, deccanherald.com
    Deloitte India Consulting Partner Rajat Wahi said that the Indian retail industry’s growth prospects for 2024 present a mixed picture with several factors influencing the landscape…
  • MysorePC Makers Aim for Growth with AI Integration in 2024
    30 Dec 2023, retail.economictimes.indiatimes.com
    India is considered a growing market for PC brands, but it faced multiple challenges in 2023 due to slowing demand and low market sentiments. However, PC brands in India are optimistic about leveraging Artificial Intelligence (AI) to rejuvenate market sentiments. According to the International Data Corporation (IDC), the total PC market in 2024 is expected to experience a 3.4 percent growth compared to 2023…
  • Saya Group Leases Space To Cinepolis For 5 Screen Multiplexes
    29 Dec 2023,rprealtyplus.com
    Saya Group, a renowned name in the real estate sector known for its unwavering commitment to quality, announces the opening of cutting-edge 5-screen multiplexes in its two high-end flagship commercial projects – Saya Status and Saya South X with seating capacities of over 950 and 900, respectively in partnership with global multiplex giant Cinepolis…
  • Ghaziabad: Five months since cave-in, no walls yet around plots dug up for a mall
    29 Dec 2023,realty.economictimes.indiatimes.com
    In July, a portion of the service road of Gaur Global Village Society in Crossings Republik, overlooking this pit on the mall site, caved in, posing a threat to nearby buildings…
  • Amazon, Flipkart generate Rs 8,705 crore ad revenue in FY23
    29 Dec 2023,retail.economictimes.indiatimes.com
    In FY23, Amazon Seller Services, the marketplace arm of Amazon, recorded 29% growth in ad revenue at Rs 5,380 crore, according to the RoC filings sourced from business intelligence platform Tofler. For Flipkart Internet, the marketplace arm of Flipkart, revenue from this segment rose 60% to Rs 3,325 crore…
  • ETRetailGIRS : What’s Next for Malls | Growing importance of F&B sector in malls
    29 Dec 2023,retail.economictimes.indiatimes.com
    The first-panel discussion of ‘What’s Next for Malls’ – ‘Growing importance of F&B sector in malls’ deep dives into how F&B is becoming the anchor and crowd-puller for the malls. Panelists: Jatin Goel, ED, Omaxe Group | Kabir Advani, Owner, Bercos | Sharad Madan, Co-Founder and Director, Imperfecto and Khubani | Charu Lamba, Senior Associate Editor, ETRetail..
  • E-commerce in 2023: Investments, bumper festive sales, and soon-to-be-launched policy
    29 Dec 2023,retail.economictimes.indiatimes.com
    A look back on e-commerce in 2023. An interesting year with slowdown yet bumper festive sales, growing focus on profitability, business restructuring, layoffs, and some noteworthy investments…
  • Year-Ender: Retail brands expected to expand store sizes to offer a premium experience to consumers
    29 Dec 2023,retail.economictimes.indiatimes.com
    Industry experts expect store sizes in the categories like jewellery, entertainment, and athleisure to increase by 25-40 per cent…
  • Scheme of arrangement between Tata Consumer, Tata Coffee, TCPL Beverages to be effective from Jan 1
    29 Dec 2023,retail.economictimes.indiatimes.com
    The composite scheme of arrangement amongst Tata Consumer Products Ltd (TCPL), Tata Coffee Ltd (TCL), and TCPL Beverages & Foods Ltd (TBFL) and their respective shareholders and creditors, pursuant to Section 230-232 and other applicable provisions of the Companies Act, 2013 (Scheme) will become effective from January 1…
  • We have grown our business via both organic and inorganic channels, says Mufti’s Kamal Khushlani
    29 Dec 2023,retail.economictimes.indiatimes.com
    As of September 30, 2023, the brand has a pan-India presence through 1,807 touchpoints consisting of 404 EBOs, 71 LFSs, and 1,332 MBOs, with its reach extending from major metros to tier-III cities, with a presence in 591 cities…
  • Govt to extend duty, tax remission scheme benefits to e-comm exports
    29 Dec 2023,retail.economictimes.indiatimes.com
    The step will help SME sectors take advantage of government schemes, further pushing e-commerce exports and boosting overall export growth from the country to achieve the target of USD 1 trillion merchandise exports by 2030…
  • Jubilant FoodWorks betting big on brand Popeyes
    29 Dec 2023,thehindubusinessline.com
    Jubilant FoodWorks, which is doubling its investments on brand Domino’s Pizza, is also betting big on Popeyes…
  • India’s mall story gets a lot more interesting, expected to see investment of over Rs 20k cr in 3-4 years
    29 Dec 2023,retail.economictimes.indiatimes.com
    Malls are expected to attract investment of more than ‘20,000 crore over the next 3-4 years as the country’s biggest mall developers, DLF, Prestige and Phoenix, have entered the next phase of expansion as almost all top retailers are expanding their store count…
  • Huawei forecasts 9% revenue growth in 2023 as smartphones surge
    29 Dec 2023,retail.economictimes.indiatimes.com
    Huawei’s smartphone shipments surged 83% in October year-on-year, helping the overall Chinese smartphone market to grow 11% over the same period, according to Counterpoint…
  • Malls registered high demand this year, trend likely to continue in 2024
    29 Dec 2023,business-standard.com
    As retail real estate demand continues to grow, more than five million square feet (msf) of grade A malls opened in 2023, which is the highest in seven years, The Economic Times (ET) reported…
  • FirstCry Files DRHP with SEBI
    29 Dec 2023,indianretailer.com
    In a significant development, Brainbees Solutions Limited, the parent company of the Indian kids-focused brand, filed the DRHP with the Securities and Exchange Board of India (SEBI)…
  • Will Rural India Steal the Major Slice in FMCG Retail Sales?s
    29 Dec 2023,indianretailer.com
    Indian brands in various categories are focusing their efforts on rural India with the goal of boosting their sales. Several Fast Moving Consumer Goods (FMCG) companies have not only increased their marketing budget for the rural audience, but are also actively improving their distribution channels…
  • EKA Mobility Forges Alliance with Mitsui and VDL Groep to Propel India as a Global Hub for Sustainable Transportation
    29 Dec 2023,indianretailer.com
    EKA Mobility is excited to announce a strategic partnership with Mitsui and Co Ltd. (Japan) and VDL Groep (Netherlands), marking a significant milestone in shaping the future of the Indian automotive industry…
  • Derma Co Unveils Innovative Ultra Light Zinc Mineral Sunscreen
    29 Dec 2023,indianretailer.com
    Derma Co, a pioneer in dermatologist-backed skincare solutions, introduces its latest breakthrough – the Ultra Light Zinc Mineral Sunscreen, setting a new benchmark for sun protection in the retail skincare market in India…
  • McDonald’s India Introduces Kebab Rolls Starting at INR 139
    29 Dec 2023,restaurant.indianretailer.com
    The Kebab rolls can be purchased individually or as part of meal choices at specific McDonald’s stores located in the North and East regions…
  • UK’s Pret A Manger Expands to Delhi NCR
    29 Dec 2023,restaurant.indianretailer.com
    Pret A Manger is renowned for its freshly prepared meals and organic coffee, has revealed its recent expansion into Delhi NCR…
  • Kitchens@ Secures $65M in Series C Funding for Cloud Kitchen Expansion
    29 Dec 2023,restaurant.indianretailer.com
    The company mentioned that the acquisition would result in a combined yearly Gross Merchandise Value (GMV) of $65 million (approximately Rs 520 crore) for Kitchens@…
  • Epigamia Adds Festive Flair to Retail with Ready-to-Eat Puddings and Luxe Milkshakes
    29 Dec 2023,indianretailer.com
    To enhance the festive season experience, Drums Food International’s leading brand, Epigamia, has recently introduced a novel category of ready-to-eat puddings and luxurious milkshakes, marking a noteworthy expansion into the retail sector…
  • Bengaluru civic body seals Mantri Square mall over tax issue
    28 Dec 2023,realty.economictimes.indiatimes.com
    BBMP’s revenue officials sealed the main entrance of Mantri Square mall in Malle…
  • Flipkart marketplace arm’s revenue jumps 42% to Rs 14,845 crore in FY23, loss narrows 9%
    28 Dec 2023,retail.economictimes.indiatimes.com
    Walmart-owned Flipkart runs its India business through various entities, and Flipkart Internet runs the marketplace where the firm earns its revenue in the form of seller commissions, advertising income, and other fees for seller services…
  • ETRetailGIRS : Emerging Brands of Bharat | Pradeep Krishnakumar, Zouk
    28 Dec 2023,retail.economictimes.indiatimes.com
    Zouk’s Co-founder on building a sustainable brand in India…
  • Miraj Cinemas eyes Rs 1,000 crore revenue in FY25-26
    28 Dec 2023,retail.economictimes.indiatimes.com
    This fiscal, the company will be investing more than Rs 100 crore to aid the expansion plans, and next fiscal also, it plans to invest another Rs 100 crore…
  • IPO-bound FirstCry’s FY23 revenue doubles to Rs 5,632 crore; loss shoots up six times
    28 Dec 2023,retail.economictimes.indiatimes.com
    The public markets-bound firm had made operating revenue of Rs 2,401 crore in FY22 when it incurred a total loss of Rs 78.6 crore, according to regulatory filings sourced from business intelligence platform Tofler…
  • New-age luggage brand Mokobara’s operating revenue grows four-fold in FY23, losses widen 78%
    28 Dec 2023,retail.economictimes.indiatimes.com
    Mokobara’s total expenses of about Rs 61 crore in FY23 is nearly three times higher than the Rs 16 crore it spent in FY22. The purchase of stock was the biggest expense component for Mokobara with Rs 29 crore spent in FY23 against Rs 17 crore in FY22…
  • Nature’s Basket launches ‘Artisan Pantry’: Shashwat Goenka expects better Q3 performance, plans to open 2 more stores
    28 Dec 2023,financialexpress.com
    After entering into the luxury food retailing segment with the launch of Artisan Pantry in Phoenix Palladium Mall in Mumbai, Shashwat Goenka,…
  • CLEAR Premium Water to acquire majority stake in KELZAI Volcanic Water
    28 Dec 2023,retail.economictimes.indiatimes.com
    KELZAI Volcanic Water will be exclusively distributed and marketed by CLEAR Premium Water’s parent company, Energy Beverages. The acquisition marks a momentous milestone for CLEAR Premium Water as we look towards expanding our product portfolio,” the company said in a statement…
  • Industrial and logistics sector leasing to grow by 14% in 2024
    28 Dec 2023,retail.economictimes.indiatimes.com
    The industrial and logistics sector in India witnessed an absorption of 49.4 million sq ft in 2023, a 6.7% increase from 2022. Tier-I cities accounted for 75% of the absorption, while tier II and III cities contributed 25%. Demand is driven by manufacturing, retail, and third-party logistics sectors…
  • Aiwa India invests Rs 20 crore to enter the washing machine segment
    28 Dec 2023,retail.economictimes.indiatimes.com
    “We will not be manufacturing the washing machines. We are expecting the ROI by the next festive season,” said Ajay Mehta, MD, Aiwa India…
  • YearEnder 2023: The retail industry gets its booster dose
    28 Dec 2023,financialexpress.com
    As Covid-19 cases ceased, it was perhaps the retail sector which benefitted the most, as consumers returned to brick-and-mortar stores. Infact, experts believe that this year has been a turning point for the retail industry…
  • India’s mall story gets a lot more interesting, expected to see investment of over Rs 20k cr in 3-4 years
    28 Dec 2023,m.economictimes.com
    Retail real estate industry is riding a boom in demand. More than 5 million square feet (msf) of grade A malls became operational in 2023 – the highest in seven years – and another nearly 8 msf is slated for completion in 2024, industry executives said…
  • Mysore Saree Udyog Unveils Flagship Store in Hyderabad
    28 Dec 2023,indianretailer.com
    In a move emblematic of its commitment to preserving India’s rich textile heritage, Mysore Saree Udyog, a trailblazing ethnic wear brand, announces the inauguration of its new flagship store in Hyderabad’s Jubilee Hills…
  • Top 10 Ethnic Wear Brands in India to Give a Charm to Your Wardrobe
    28 Dec 2023,indianretailer.com
    The world of fashion is a constantly evolving one, with trends coming and going at the blink of an eye. In India, ethnic wear holds a special place in the hearts of fashion enthusiasts, as it not only reflects our rich cultural heritage but also adds a touch of grace and elegance to our wardrobes…
  • India’s Consumer Tech Sector to Soar 10% with Premiumization Surge in 2024
    28 Dec 2023,indianretailer.com
    The appliances and consumer electronics industry in the country is poised for an approximate 10 percent growth in 2024…
  • McDonald’s India Collabs with Mondelez to Introduce Cadbury Gems-Topped Desserts
    28 Dec 2023,indianretailer.com
    McDonald’s India (West and South) has partnered with Mondelez to unveil a collection of indulgent desserts, marking a significant foray into the retail sector…
  • Beauty Brands Reflect on a Year of Innovation & Growth in 2023, Unveiling Bold Plans for 2024
    28 Dec 2023,indianretailer.com
    As 2023 comes to a close, beauty brands are taking stock of a year marked by innovation, strategic collaborations, and significant growth. Sukhleen Aneja, CEO of Good Brands Co and Good Glamm Group, Shreedha Singh, Co-Founder of TAC – The Ayurveda Co…
  • Simpli Namdhari’s Celebrates Kisan Diwas with Farmers’ Interaction Event
    28 Dec 2023,indianretailer.com
    In an endeavor to commemorate Kisan Diwas, Simpli Namdhari’s, a prominent 100 percent vegetarian omnichannel retailer, organized a distinctive event at its Hebbal and Yelahanka stores…
  • U&i Unveils Affordable Wireless Speakers Catering to Diverse Audio Preferences
    28 Dec 2023,indianretailer.com
    U&i has introduced four budget-friendly wireless speakers, targeting individuals seeking economical entertainment options…
  • HealthMug Partners with Bold Care, Aims to Transform Men’s Sexual Wellness
    28 Dec 2023,indianretailer.com
    In a significant move in the burgeoning sexual wellness industry in India, HealthMug, a leading e-commerce platform in the well-being sector, has joined forces with Bold Care, a prominent brand in men’s sexual health and wellness…
  • Gaur Central Mall In Raj Nagar Celebrates 10 Years
    27 Dec 2023,rprealtyplus.com
    Gaur Central Mall in Raj Nagar celebrates a decade of retail excellence and to mark the festivities launched a 10 days Shopping Fiesta to thank its valued patrons and retail partners for their patronage and support in this eventful journey…
  • Beyond milk and bread: How q-commerce is reshaping consumer habits
    27 Dec 2023,retail.economictimes.indiatimes.com
    Aman Gupta, co-founder and CMO, Boat in an email query said that by the end of fiscal year (FY25), the electronics company expects to reach roughly Rs 70 crore in gross revenue through transactions on platforms like Blinkit, Swiggy Insta, and Zepto…
  • Inflation still persists in FMCG segments, companies expect volume recovery by next fiscal led by price cuts
    27 Dec 2023,retail.economictimes.indiatimes.com
    Prices of edible oils, which experienced significant inflation after the COVID-19 pandemic, have declined by 13-30% over the past year. However, prices of daily groceries and household products, including rice, soaps, and detergents, have seen marginal increases in 2022, according to a report by Bizom…
  • India is one of our key growth markets: Cartier
    27 Dec 2023,retail.economictimes.indiatimes.com
    “Our priority is scaling up our existing online retail capabilities in India to complement our physical presence. We are keen on connecting with potential and current consumers around the country who are physically not as close to our boutiques in Delhi and Mumbai,”Gaetan Guillosson, MD, Cartier India said…
  • Consumer durables industry expecting steady demand to continue in 2024
    27 Dec 2023,retail.economictimes.indiatimes.com
    Anticipating 2024, the consumer durables sector in India is poised for sustained growth, propelled by technological innovations, evolving consumer dynamics, and increased awareness of durable, energy-efficient appliances…
  • We are witnessing double-digit YoY growth: Mars Petcare India MD
    27 Dec 2023,retail.economictimes.indiatimes.com
    Commenting on the growth of the pet care industry, he said that post-COVID, the category has moderated its pace. Adding to this, commodity inflation and currency fluctuations have impacted the industry, globally..
  • Coca-Cola extends its partnership with ICC until 2031
    27 Dec 2023,retail.economictimes.indiatimes.com
    This eight-year partnership as a Global Partner of ICC, makes the collaboration as one of the largest-ever associations by ICC with a single brand, a total of 13 years (2019-2031), read the release. The official signing will take place at ICC’s headquarters…
  • Haldiram’s Nagpur Introduces Chocolate Brand ‘Cocobay’ to Retail Market in India
    27 Dec 2023,indianretailer.com
    Haldiram’s Nagpur has unveiled its premium chocolate brand, ‘Cocobay,’ in the Indian market. Manufactured and marketed by the Haldirams Nagpur Group, Cocobay stands out as a premium chocolate line crafted from the finest and 100 percent original cocoa, combined with the world’s best ingredients…
  • Startups write a $1.5-billion twist in winter’s tale
    27 Dec 2023,retail.economictimes.indiatimes.com
    December brings the highest monthly fundraise of 2023, though the annual total is the lowest in 7 years…
  • Solidaridad Regional Expertise Centre and Council for Leather Exports sign MoU for upskilling Indian leather sector
    27 Dec 2023,retail.economictimes.indiatimes.com
    The Memorandum of Understanding (MoU), which was signed in Delhi today, will be effective from 1 January 2024 till 31 December 2028. “The MoU initiates a pivotal five-year partnership between SREC, a prominent not-for-profit organization established in the year 2008, and CLE, operating under the Ministry of Commerce and Industry, Government of India,” a media release stated…
  • Happy New Year 2024: Wishes, Greetings & Brand Promotion Guides for Retailers
    27 Dec 2023,indianretailer.com
    As Happy New Year 2024 approaches, retailers are gearing up to make the most of the festive season and set the stage for a prosperous New Year…
  • Boxing Day 2023 Advertising Hacks for Retailers: Unwrap Big Sales
    27 Dec 2023,indianretailer.com
    You may be thinking that advertising during the busy holiday season, particularly on Boxing Day 2023, is already a given for retailers. However, with the fierce competition and abundance of deals available, it’s crucial to strategize your brand’s advertising efforts to stand out and drive more sales…
  • Revolutionizing Retail: India’s Eco-Conscious Brands Pave the Way to a Greener Tomorrow
    27 Dec 2023,indianretailer.com
    The government of India took a revolutionary step towards sustainability by introducing the Business Responsibility and Sustainability Report (BRSR)—a framework for environmental, social, and governance (ESG) reporting in the country by making it mandatory for listed companies to provide quantitative metrics on sustainability-related factors as of fiscal year 2023…
  • Nebula by Titan Introduces Exclusive Range of 18 Carat Gold Watches
    27 Dec 2023,indianretailer.com
    Nebula by Titan introduces a collection of luxury watches crafted in solid 18 carat gold and adorned with precious stones, embodying authenticity and contemporary expression…
  • Lapin House Makes India Debut with Les Petits Collab
    27 Dec 2023,indianretailer.com
    In a festive celebration of Christmas, Les Petits, the luxury fashion brand for kids, has introduced Lapin House in India. The collection, exclusively available on the Les Petits platform, beautifully captures the spirit of the season, presenting whimsical fashion that makes a statement…
  • WoodenStreet Illuminates Indian Homes with Exclusive Light Street Launch
    27 Dec 2023,indianretailer.com
    WoodenStreet, a pioneering force in the furniture industry, is excited to unveil Light Street, a dedicated in-house brand focused on lighting and home decor…
  • DS Group’s Confectionery Division Rings in Christmas with Quirky CGI Video
    27 Dec 2023,indianretailer.com
    Dharampal Satyapal Group’s (DS Group) confectionery division, DS Foods Limited, is embracing the festive spirit of Christmas with the launch of a Computer-Generated Imagery (CGI) video for Pulse…
  • Easyrewardz Enhances Bata’s Global Retail Experience with Zence CRM Stack
    27 Dec 2023,indianretailer.com
    Easyrewardz, a leading end-to-end CLM and loyalty solution provider in South Asia, has announced the successful implementation of its “Zence” CRM solution stack for Bata, one of the largest global footwear brands…
  • Unveiling the Top FMCG and Lifestyle Stories of 2023
    27 Dec 2023,indianretailer.com
    As we step into a new era, the Fast-Moving Consumer Goods (FMCG) and Lifestyle sectors stand at the forefront of transformation, reflecting the evolving preferences and behaviors of consumers…
  • NavigatingDoT Mulls Delicensing 6GHz Spectrum to Pave the Way for Wi-Fi 7
    27 Dec 2023,indianretailer.com
    According to recent reports, the Department of Telecommunications (DoT) is contemplating the delicensing of the lower band of the 6GHz spectrum, potentially opening the doors for enhanced Wi-Fi connectivity in India…
  • Sales of Indian wearables & hearables brands have jumped over three times in last three fiscals
    26 Dec 2023, retail.economictimes.indiatimes.com
    For instance, as per Counterpoint Research, the share of domestic manufacturing in smartwatch reached 82% in July-September as compared to just 4% a year ago. For the true wireless segment (TWS), the share of local manufacturing increased to 37% in the September quarter from 16% in the previous quarter…
  • Puma, Decathlon, Adidas make a splash! Sports brands see sales gallop in last 2 years
    26 Dec 2023, retail.economictimes.indiatimes.com
    Brands such as Puma, Decathlon, Adidas, Skechers and Asics have all grown 35-60% year-on-year since FY21, posting combined revenues of ₹11,617 crore in FY23, according to regulatory filings sourced from the Registrar of Companies. Two years ago, these brands had sales of ₹5,022 crore put together. Demand for fitness wear and sports equipment for disciplines other than cricket grew as people prioritised health with the onset of Covid-19…
  • D2C activewear brand BlissClub’s revenue jumps four-fold to Rs 68 crore; losses widen to Rs 36 crore in FY23
    26 Dec 2023, retail.economictimes.indiatimes.com
    Direct-to-consumer firm Blissclub, which focuses on selling long-lasting women’s apparel, also saw its operating revenue grow by 4.5 times to reach Rs 68 crore in FY23…
  • LT Foods eyes bigger chunk of ready-to-cook meals, snacks
    26 Dec 2023, livemint.com
    Packaged foods company LT Foods, widely known for its Daawat brand of rice, is eyeing a greater share of business from convenience foods such as ready-to-cook meals and snacks, with an aim to generate revenues of ₹800 crore from them by 2028-29…
  • India’s resilient economy seen expanding 6.7% in FY24
    26 Dec 2023, retail.economictimes.indiatimes.com
    “India’s growth has remained largely resilient in the face of external headwinds,” said Rahul Bajoria, managing director and head of EM Asia (ex-China) economics, Barclays. Last month’s release of second quarter numbers led to a spate of forecast revisions for the fiscal year. Ratings agency Fitch expects the economy to grow 6.9% in FY24, compared with 6.5% projected earlier…
  • Xmas cheer boosts biz in city: Markets sizzle, traders hopeful
    26 Dec 2023, retail.economictimes.indiatimes.com
    Kerala celebrates festive Christmas season with streets, malls, churches, and shops adorned in colourful decorations. The Broadway market experiences an increase in customer footfall, particularly for cheap items sold by street vendors…
  • Livpure looking to strengthen presence in the kitchen space
    26 Dec 2023, thehindubusinessline.com
    Livpure, known for appliances such as water purifiers, is looking to strengthen its presence in the overall kitchen space…
  • FirstCry IPO: Sachin Tendulkar, Infosy founder and others likely to buy shares of e-commerce company ahead of issue
    26 Dec 2023, livemint.com
    Mother and child care e-commerce platform FirstCry, which is all set to hit Dalal Street in the upcoming year, has prompted SoftBank Vision Fund to divest a significant portion of its shares in advance…
  • Navigating the Brand Licensing Landscape: Key Considerations for Licensors and Licensees
    26 Dec 2023,indianretailer.com
    In the fast-paced and hyper-competitive world of business, brands are continually searching for innovative ways to set themselves apart and extend their influence…
  • RERA Record-Breaking 63% Surge In Project Registrations
    25 Dec 2023, retail.economictimes.indiatimes.com
    Since it was put into effect, RERA has been gaining increasing traction, particularly in terms of handling consumer complaints among various states and UTs…
  • SoftBank fund sells more of its FirstCry stake ahead of IPO
    25 Dec 2023, retail.economictimes.indiatimes.com
    Family offices of Indian cricketer Sachin Tendulkar, Ravi Modi of ethnic wear brand Manyavar, Infosys cofounder Kris Gopalakrishnan, and TVS group family are among those buying into the company…
  • RERA Record-Breaking 63% Surge In Project Registrations
    25 Dec 2023, retail.economictimes.indiatimes.com
    Since it was put into effect, RERA has been gaining increasing traction, particularly in terms of handling consumer complaints among various states and UTs…

  • FMCG industry expects double-digit growth in 2024

      25 Dec 2023, retail.economictimes.indiatimes.com
    Weaker-than-expected festive demand, rainfall deficit that hampered rural growth, unseasonal rains that dampened sale of beverages and higher commodity prices all together cooked a difficult-to-digest market recipe this year even though “green shoots” of recovery are becoming more visible…
  • Mango to open 500 new stores globally by 2026
    25 Dec 2023, retail.economictimes.indiatimes.com
    Spanish fashion giant Mango has unveiled ambitious plans to establish 500 new stores by 2026, strategically targeting key markets like the United States, Canada, France, Italy, the United Kingdom, and India..
  • Nike’s powerhouse labels loose footing against upstart brands – analysts
    25 Dec 2023, retail.economictimes.indiatimes.com
    The Air Jordan 1 shoe maker mainly blamed cautious consumer spending for the downbeat forecast on Thursday and laid out a $2 billion cost-saving program, signaling a shift in strategy to focus on profitability over sales growth…
  • Signs of distress: Rich villages go easy on discretionary spending
    25 Dec 2023, retail.economictimes.indiatimes.com
    Two-wheelers are a necessity for getting around, while a four-wheeler is a distant dream for now, with hired cars catering to needs like family trips to nearby cities…
  • Despite Urban Traction, Quick Comm has Places to Go Next Yr
    25 Dec 2023, retail.economictimes.indiatimes.com
    While executives in the industry said that the public demand for quick commerce had been established, especially in urban and high-population-density areas, the key task in 2024 would be to improve profitability and experiment with various categories as well as sale events…
  • Consumer companies see demand back on track from March-April
    25 Dec 2023, retail.economictimes.indiatimes.com
    Consumer goods companies were earlier expecting demand to recover in the December quarter. While that hasn’t materialised, chief executives said slowdown in consumption has come to a halt and that sales of mass-segment products are picking up after a gap of over three years. While volume growth for the fast-moving consumer goods (FMCG) industry in urban India has been on a positive trajectory since April-June last year, rural markets have grown marginally this calendar year, according to market researcher NielsenIQ…
  • Not so ‘Super’ Saturday: Retailers dangle fewer discounts for inflation-weary shoppers
    25 Dec 2023, retail.economictimes.indiatimes.com
    Retailers could potentially adjust their discounts in a bid to entice price-sensitive shoppers in the days before Christmas. But so far, “what’s interesting this year is that even though we’re in a promotional environment, the promotions haven’t been very deep,” said Jessica Ramirez, a senior research analyst for Jane Hali & Associates…
  • Indian consumers’ growing aspirations driving retail expansion of premium brands
    25 Dec 2023, thehindubusinessline.com
    Premium apparel and footwear brands are looking to scale up their retail footprint, especially in smaller cities and towns, to tap into robust demand trends supported by the growing aspirations of Indian consumers…
  • Miraj Cinemas Expands Footprint with New Multiplex at Ansal Plaza, Ghaziabad
    25 Dec 2023, indianretailer.com
    Miraj Cinemas proudly announces the inauguration of its latest cinematic venture on the 2nd floor of Ansal Plaza at Vaishali, Ghaziabad, in the national capital region of India…
  • Zigly Enhances Pet Care Landscape in Jaipur with Tech-Driven Retail Expansion
    25 Dec 2023, indianretailer.com
    Zigly has made its foray into the Jaipur market by unveiling its first experience center in Vaishali Nagar. Spanning 1428 sq. ft., the new store, strategically located at Plot no 273, Ground Floor, Gom Defence, Khatipura Road, Jaipur, offers comprehensive vet services alongside pet spa and grooming facilities…
  • Madras Mandi Expands Culinary Horizon with Fifth Store in Chennai’s Neelankarai
    25 Dec 2023, indianretailer.com
    Madras Mandi, a prominent name in the fresh produce industry and a cherished online farmers’ market in Chennai, proudly announces the opening of its fifth store in Neelankarai, Chennai…
  • Haldiram’s Nagpur Introduces Chocolate Brand ‘Cocobay’ to Retail Market in India
    25 Dec 2023, indianretailer.com
    Haldiram’s Nagpur has unveiled its premium chocolate brand, ‘Cocobay,’ in the Indian market. Manufactured and marketed by the Haldirams Nagpur Group, Cocobay stands out as a premium chocolate line crafted from the finest and 100 percent original cocoa, combined with the world’s best ingredients…
  • Friday Feeling Elevates Skincare with Siriusly Brightening Serum
    25 Dec 2023, indianretailer.com
    Friday Feeling, the indigenous Skincare Essentials brand, proudly unveils its latest skincare offering – the Siriusly Brightening Serum…
  • RERA Record-Breaking 63% Surge In Project Registrations
    23 Dec 2023, rprealtyplus.com
    Since it was put into effect, RERA has been gaining increasing traction, particularly in terms of handling consumer complaints among various states and UTs…
  • Pune civic body seeks fire audits at malls, commercial firms
    23 Dec 2023, realty.economictimes.indiatimes.com
    “The administration has issued directives to shopping malls. They have been told to take precautions against fire safety. We have a system in place for checking if these facilities are in place or not,” said Devendra Potphode, head of the PMC’s fire brigade department…
  • Greater Noida: Rs 2 crore dues not cleared, movie theatre sealed in Grand Venice Mall
    23 Dec 2023, realty.economictimes.indiatimes.com
    Ankit Kumar, the Sadar SDM, said while Rera had issued three recovery certificates against Bhasin Infotech and Infrastructures Ltd – the developer of the mall – the consumer forum slapped one…
  • About 3 lakh new sellers joined Amazon in 2023: Country Manager Manish Tiwary
    23 Dec 2023, retail.economictimes.indiatimes.com
    In addition to the significant jump in seller base, Tiwary highlighted that Amazon witnessed its biggest-ever Prime Day and the Great Indian Festival this year…
  • Ministry of Rural Development signs MoU with Reliance JioMart
    23 Dec 2023, retail.economictimes.indiatimes.com
    The Ministry of Rural Development has entered into a Memorandum of Understanding (MoU) with Reliance Retail’s JioMart to facilitate the outreach of products from Self-Help Groups (SHGs). The collaboration aims to onboard SHGs from the Deendayal Antyodaya Yojana National Rural Livelihoods Mission as sellers on the JioMart e-commerce platform, providing them with an opportunity to expand their market and visibility…
  • As year ends, apparel retailers flash sale signs to lure buyers
    23 Dec 2023, retail.economictimes.indiatimes.com
    The fashion retail segment has been struggling with a demand slowdown since January this year due to inflationary headwinds. The overall growth slowed down to 6% in both March and April, according to the RAI, indicating the slowest sales expansion in more than 14 months and increasing marginally to 9% in August and September…
  • Electronic items see higher sales this festive season on discounts and financing options
    23 Dec 2023, retail.economictimes.indiatimes.com
    During this festive season, offline sales of televisions, smartphones, laptops, refrigerators, and air conditioners have shown significant growth compared to the previous year, according to data from sales tracker GfK. GfK attributes this growth to strategic discounts, promotional offers, cashback, and consumer finance options by brands…
  • Domestic jewellery consumption to grow at 10-12%: ICRA
    23 Dec 2023, retail.economictimes.indiatimes.com
    “ICRA’s sample set of 14 large jewellers, which account for ~70% of the organised market, is projected to record a healthy revenue expansion of 15-18% YoY in FY2024 on the back of their planned retail expansions and a gradual shift in consumer preferences towards branded jewellers,” said Sujoy Saha, vice president and sector head, ICRA…
  • Meesho reports 14 cr customer transactions in 2023, 80% orders from tier 2 and beyond
    23 Dec 2023, retail.economictimes.indiatimes.com
    The home decor category recorded a year-on-year growth of 60 per cent, while the beauty and personal care segment grew by 40 per cent…
  • Varun Beverages: India’s bottling baron Ravi Jaipuria has found more fizz this year
    23 Dec 2023, retail.economictimes.indiatimes.com
    Since 1991, when PepsiCo entered India and Varun Beverages started working with it, the company has come a long way to bottle all the Pepsi that India drinks today, growing by acquiring other bottlers as well as bagging more territories from PepsiCo…
  • Organised F&G retailer revenue to grow in mid-teens next fiscal: Crisil
    23 Dec 2023, retail.economictimes.indiatimes.com
    Continued healthy demand and expansion in under-penetrated Tier II and III cities will help organised brick-and-mortar food and grocery (F&G) retailers log a strong revenue growth of 14-15% in fiscal 2025 despite fierce competition from quick commerce channels…
  • Procrastinators in focus for retailers as the holiday season shopping nears the finish line
    23 Dec 2023, retail.economictimes.indiatimes.com
    Retail analysts expect overall sales will grow at a slower pace than last year and there is concern over how shoppers are paying for things. More are using “buy now, pay later plans this holiday season. Adobe Analytics predicts a nearly 17% surge this season…
  • Zigly Enhances Pet Care Landscape in Jaipur with Tech-Driven Retail Expansion
    23 Dec 2023, indianretailer.com
    Zigly has made its foray into the Jaipur market by unveiling its first experience center in Vaishali Nagar. Spanning 1428 sq. ft., the new store, strategically located…
  • MiniKlub Expands Retail Footprint with a New Kidswear Haven in Bhatinda
    23 Dec 2023, indianretailer.com
    MiniKlub, India’s leading kidswear brand, is pleased to announce the grand opening of its latest retail venture in Bhatinda…
  • PDS Limited’s Subsidiary Expands Global Manufacturing Footprint with Stake Acquisition in Nobleswear
    23 Dec 2023, indianretailer.com
    PDS Limited announces a significant stride in its global expansion strategy as its subsidiary, Norlanka Manufacturing Limited, acquires a 26 percent stake in Nobleswear Private Limited, a specialized children’s wear manufacturer based in Sri Lanka…
  • Strategic Brilliance: Mango’s 2024-2026 Plan Unveils Vision for Innovation and Global Expansion
    23 Dec 2023, indianretailer.com
    Founded in Barcelona in 1984 by Isak Andic, Mango has evolved over four decades into a global fashion powerhouse, solidifying its position as one of Europe’s leading fashion groups…
  • Surya Sarees Marks World Saree Day with a Tapestry of Tradition and Modernity
    23 Dec 2023, indianretailer.com
    In a joyous celebration of World Saree Day, the House of Surya, boasting a rich seven-decade legacy, paid homage to the essence of femininity, simplicity, and mastery embodied in its timeless weaves…
  • Hyundai Motor India Teams Up with Red Bull for First-Ever Urban Downhill Adventure in Mizoram
    23 Dec 2023, indianretailer.com
    In a groundbreaking collaboration, Hyundai Motor India and Red Bull have announced their partnership for the inaugural Red Bull Urban Downhill, a high-speed mountain biking event set to take place in Aizwal, Mizoram, in March 2024…
  • Friday Feeling Elevates Skincare with Siriusly Brightening Serum
    23 Dec 2023, indianretailer.com
    Friday Feeling, the indigenous Skincare Essentials brand, proudly unveils its latest skincare offering – the Siriusly Brightening Serum…
  • ONDC Gains Strategic Leadership with Appointment of Anjani K. Jajodia as VP for Project Management
    23 Dec 2023, indianretailer.com
    Open Network for Digital Commerce (ONDC), an initiative by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, has welcomed Anjani K. Jajodia as the Vice President for Project Management…
  • Boddess Beauty Forges Cinematic Alliance with Netflix Film “Kho Gaye Hum Kahan”
    23 Dec 2023, indianretailer.com
    Boddess Beauty, India’s leading multi-brand retail platform, proudly reveals its collaboration as the official brand partner for the highly anticipated Netflix film “Kho Gaye Hum Kahan” by Excel Entertainment and Tiger Baby, featuring Ananya Panday, Siddhant Chaturvedi, and Adarsh Gourav…
  • Should Year 2024 be considered for Small Restaurant Biz
    23 Dec 2023, irecwire.com
    As we usher in the year 2024, the culinary landscape is set to undergo a significant transformation with a surge in small-size restaurants that offer limited but niche and unique offerings…
  • Zomato Refutes Acquisition Talks with Shiprocket Amidst Rumors
    23 Dec 2023, restaurant.indianretailer.com
    Zomato’s CEO, Deepinder Goyal, dismissed reports of a $2 billion acquisition offer for Shiprocket, affirming that the company currently isn’t considering any acquisition…
  • United Telegu Kitchen (UTK) Brings Culinary Legacy to Bangalore
    23 Dec 2023, restaurant.indianretailer.com
    This expansion beyond Telangana and Andhra Pradesh signifies a major step, introducing genuine and traditional flavors to Bangalore’s culinary scene…
  • Hyatt Premieres in Bihar with Hyatt Place Bodh Gaya
    23 Dec 2023, restaurant.indianretailer.com
    The hotel’s simplistic design aims to cultivate a serene environment and the property boasts proximity to famed landmarks like the UNESCO World Heritage site, Mahabodhi Temple, and the iconic Bodhi tree…
  • SOL and Siddartha Tytler Unveil ‘Unchained’: A Fusion of Fashion and Fragrance
    23 Dec 2023, indianretailer.com
    SOL, the revolutionary fragrance brand initiated by Indian pop icon Zaeden, proudly introduces ‘Unchained,’ the highly anticipated addition to their prestigious fragrance collection…
  • Indian Real Estate Receives $3.0 Bn PE Investments In 2023
    22 Dec 2023, rprealtyplus.com
    Knight Frank India, leading international property consultancy, in its latest report cited that Indian real estate market received private equity (PE) investments of USD 3.0 billion (bn) from 23 deals in 2023 (January 01, – December12, 2023)…
  • Ajio set to become Reliance Retail’s first profitable online venture
    22 Dec 2023, retail.economictimes.indiatimes.com
    Reliance had started Ajio in 2017. Ajio reduced marketing cost with five different storefronts for each consumer class. It lined up 4,000 stock points for last-mile fulfilment, including Reliance Retail’s nearest store for delivery, which brought down logistic cost at the operational level. Also, return rates reduced to around 28% of orders from 35-36% earlier…
  • Arvind Fashions aims to become zero-debt co in two years; piloting new format
    22 Dec 2023, retail.economictimes.indiatimes.com
    Arvind Fashions, which sells Arrow, Tommy Hilfiger and Calvin Klein, plans to be debt-free in 2 years. With more money coming in and expanding through franchises, the company aims to eliminate its Rs 300 crore debt, previously reported as Rs 476 crore…
  • Beauty brand Plum’s FY23 revenue rises 71% to Rs 322 crore
    22 Dec 2023, retail.economictimes.indiatimes.com
    The Mumbai-based firm had reported total revenue of Rs 188.1 crore for 2021-22, with product sales on its platform contributing the majority of the income. Its operating revenue increased 67.8% year-on-year to Rs 309 crore…
  • ONDC operational in over 500 cities, towns
    22 Dec 2023, retail.economictimes.indiatimes.com
    “ONDC is currently operational in more than 500 cities and towns across India,” Minister of State for Commerce and Industry Som Parkash said in a written reply to the Lok Sabha. All existing laws and regulations of India, related to e-commerce, are applicable to ONDC and the network participants on the ONDC network…
  • Indian apparel industry aims to show wares in Australia, UK, US after Dubai
    22 Dec 2023, retail.economictimes.indiatimes.com
    “It is time to expose to the international and global market and we felt we should begin with the international market, where the Indian diaspora is in large numbers,” Mehta said…
  • Nike cuts sales view on choppy demand, outlines $2 bln savings plan
    22 Dec 2023, retail.economictimes.indiatimes.com
    The company said it was seeking $2 billion in savings over the next three years through steps including tightening the supply of some products, improving its supply chain, reducing management layers and increasing the use of automation…
  • UK’s Frasers strengthens luxury offer with MATCHES buy
    22 Dec 2023, retail.economictimes.indiatimes.com
    Frasers said on Wednesday the deal will further develop its so-called “elevation strategy”, which is taking the business more upmarket. The strategy involves investments in flagship stores and in online operations, and the strengthening of ties with brands such as Nike, Adidas, The North Face and On Running…
  • Bisleri ropes in Deepika Padukone as its brand ambassador
    22 Dec 2023, thehindubusinessline.com
    Bisleri, India’s leading mineral water brand, has roped in Deepika Padukone as its first-ever global brand ambassador and feature in the new campaign Bisleri #DrinkItUp…
  • PVR Inox opens 3-screen multiplex in Gurugram
    22 Dec 2023, thehindubusinessline.com
    PVR Inox has launched its 14th multiplex in Gurugram, Haryana. The 3-screen multiplex is located in IRIS Broadway, Sector 85, on NH-8, Dwarka Expressway. The screens are equipped with the latest technology, including a 4K Laser Projection System providing razor-sharp visuals, 7.1 Dolby sound and 3D view powered by Volfoni…
  • Retailers anticipate double-digit sales in festive season, see 7% growth instead
    22 Dec 2023, retail.economictimes.indiatimes.com
    Retail sales in October and November 2023 grew by only 7% compared to the same period in 2022, despite the festive season, according to a survey by the Retailers Association of India (RAI). Many retailers faced muted footfalls, and sales were similar to the previous year. The growth varied across regions, with East India signaling an 11% growth, South India 7%, North India 6%, and West India 5%…
  • Dream Theatre eyes $5 million in retail sales from Maradona-branded merchandise
    22 Dec 2023, retail.economictimes.indiatimes.com
    The company has secured the rights to launch the Maradona Consumer Products programme in India from Podium Icons, a division of Podium Brands Group in the UK…
  • Mysore Saree Udyog Expands Heritage Presence with Flagship Outlet in Hyderabad
    22 Dec 2023, indianretailer.com
    Mysore Saree Udyog, a trailblazer among India’s ethnic wear brands, renowned for its rich legacy in Bangalore, announces the inauguration of its flagship outlet in Hyderabad…
  • MARS Cosmetics Expands Presence with Second Kiosk at Pacific D21 Mall in Dwarka
    22 Dec 2023, indianretailer.com
    In a notable move, innovative cosmetic brand MARS Cosmetics is pleased to announce the opening of its second kiosk at Pacific D21 Mall in Dwarka…
  • 5 Biggest Shopping Malls in the World
    22 Dec 2023, indianretailer.com
    Shopping malls have become more than just places to shop. They’re entertainment hubs, social centers, and even tourist destinations…
  • Malabar Gold and Diamonds Forges Sustainable Partnership with Rand Refinery for Traceable Gold Sourcing
    22 Dec 2023, indianretailer.com
    In a strategic move towards sustainable and ethical business practices, Malabar Gold and Diamonds, a prominent jewellery retailer, has entered into a partnership with Rand Refinery, a leading gold and silver refiner…
  • India’s Retail Market Expected to Reach $1.41 tn by 2026
    22 Dec 2023, indianretailer.com
    India’s consumer industry is witnessing massive transformation and is set to become the world’s third-largest by 2027, only behind the US and China. Being one of the world’s largest retail markets, India is expected to reach $1.41 trillion by 2026…
  • SOL and Siddartha Tytler’s ‘Unchained’ Sets a New Standard in Fragrance
    22 Dec 2023, indianretailer.com
    SOL is excited to reveal the debut of ‘Unchained,’ the much-anticipated addition to its esteemed fragrance collection. This unique variant emerges from the dynamic collaboration between SOL and renowned fashion designer Siddartha Tytler, establishing a new benchmark in the convergence of olfactory artistry and style…
  • Most Common Retail Abbreviations & Acronyms
    22 Dec 2023, indianretailer.com
    KPI stands for Key Performance Indicator. In retail, KPIs are like your dashboard gauges, telling you how your store is performing in key areas. They help you track progress towards your goals and identify areas for improvement…
  • Enrico Eyewear Bags Rs 2.1 cr in Pre-Seed Funding Led by 100X.VC
    22 Dec 2023, indianretailer.com
    Enrico Eyewear has successfully raised Rs 2.1 crore in a pre-seed funding round, spearheaded by 100X.VC, which stands as the brand’s inaugural institutional investor. Following the 100X.VC pitch day, the company garnered additional investments from prominent angel investors…
  • FREAKINS Ignites Fashion Frenzy with The Rebel Kid, Apoorva Makhija
    22 Dec 2023, indianretailer.com
    FREAKINS, the pioneering GenZ e-commerce brand, is excited to reveal its dynamic collaboration collection with Apoorva Makhija, the prominent GenZ influencer known as The Rebel Kid…
  • Gauri Khan Joins Forces with Grandmama’s Café Founders for Stunning Redesign
    22 Dec 2023, restaurant.indianretailer.com
    The collaboration between Gauri Khan and Grandmama’s Cafe was innovatively envisioned and brought to life by Bottomline Media, led by Tanaaz Bhatia…
  • V&RO Hospitality Launches Badmaash with Mouni Roy in Lower Parel
    22 Dec 2023, restaurant.indianretailer.com
    Badmaash’s food menu is a fusion of Indian classics infused with diverse influences. It celebrates street food, regional specialties, home-style delicacies, and global inspirations with a spicy twist, embodying a modern essence to redefine Indian cuisine…
  • Ministry of Appetite Launches in Noida
    22 Dec 2023, restaurant.indianretailer.com
    The menu offers a selection of favorites, notably showcasing dishes like Butter Paneer and Butter Chicken and many more…
  • Escaro Royale’s Crafted Fur Boots Hit the Scene
    22 Dec 2023, indianretailer.com
    Escaro Royale, a symbol of opulence and skilled artistry, unveils its latest addition to the Winter Collection – the Handpainted Handpatinaed Fur Boots featuring ankle-length fur boots constructed with Blake stitch…
  • Dream Theatre Secures Rights for Maradona Consumer Products Program in India
    22 Dec 2023, indianretailer.com
    Dream Theatre has successfully acquired the Maradona Consumer Products program rights from Podium Icons, a division of Podium Brands Group in the UK. Podium Icons, having exclusively acquired the master licensor rights from Sattvica SA, the Argentine company…
  • Moriah Elizabeth Teams Up with Bonkers Toys to Introduce Mystery Plush Series to Mass Retail
    22 Dec 2023, indianretailer.com
    Social media personality Moriah Elizabeth has joined forces with Bonkers Toys to introduce the Moriah Elizabeth 6-inch Mystery Plush Series 1, inspired by her enchanting characters that have captured the hearts of millions…
  • CapitaLandIndia’s Flipkart to get $600 mln from Walmart under new fundraise
    22 Dec 2023, reuters.com
    BENGALURU, Dec 21 (Reuters) – Indian e-commerce firm Flipkart’s biggest shareholder Walmart (WMT.N) is set to infuse about $600 million in a new fundraise for the startup, a Flipkart spokesperson said on Thursday…
  • Libas Unveils Plan to Open 100 Stores in the Next Year
    22 Dec 2023, indianretailer.com
    Libas, a second-generation brand with a rich history in various businesses, initially thrived with an offline store and successful export ventures. However, around 2012, the business faced challenges and began to decline…
  • RUNWAL GROUP UNVEILS CHRISTMAS-THEMED BRAND FILM
    21 Dec 2023, rprealtyplus.com
    Embracing the True Spirit of the Season, Runwal Group unveils their brand-new film which brings alive a wonderful story about Christmas magic…
  • Kalpataru group company raises Rs 525 crore to complete 10 Mumbai towers
    21 Dec 2023, realty.economictimes.indiatimes.com
    Asia Pragati Strategic Investment Fund, managed by PAG, provided the debt facilities in two tranches in the form of non-convertible debentures (NCD). The funds were raised at an internal rate of return (IRR) of 18.75%, the people said…
  • Blackstone exits Embassy REIT; sells entire 23.5% stake for Rs 7,100 crore
    21 Dec 2023, realty.economictimes.indiatimes.com
    Embassy Office Parks REIT is India’s first Real Estate Investment Trust (REIT) sponsored by global investment firm Blackstone and Bengaluru-based realty firm Embassy group. It got listed in 2019 after raising around Rs 5,000 crore through public issue…
  • FMCG companies use tech to fill up stocks at Q-Comm partners
    21 Dec 2023, retail.economictimes.indiatimes.com
    FMCG giants such as Nestle, ITC, Parle Products, LT Foods, and Coca-Cola are adopting real-time data exchange and demand forecasting to prevent stock-outs at quick-commerce (Q-comm) platforms like Blinkit, Swiggy Instamart, BBNow, and Zepto…
  • Our business changes as the society and the kitchens of India change: Rohit Kapoor, Swiggy
    21 Dec 2023, retail.economictimes.indiatimes.com
    “I keep repeating to my team that we are very small right now. I remember speaking to a one of the entrepreneurs who started a samosa business and she mentioned to me there are a few crore samosas sold in India every day. If I look at my platform today, we are not even scratching the surface there.”..
  • Youth, small-town consumers drive sales of used luxury items
    21 Dec 2023, retail.economictimes.indiatimes.com
    The resale market for luxury items is booming in India, driven by the aspirations of young consumers in tier-II and tier-III markets. Despite a global luxury goods market slowdown, Luxepolis, an online marketplace claiming a user base of 3.5 million, experienced over 80% sales growth this year…
  • DOMS would like to maintain EBITDA margins at 15-16% across categories: CFO
    21 Dec 2023, retail.economictimes.indiatimes.com
    “We will first want to focus on growth in terms of top line and margins will take care of themselves. With a lot of operating efficiencies coming in, margin should take care of itself but we follow our mantra of “nothing at the cost of market and nothing at the cost of margin. So we will balance both together.”..
  • Pilgrim reports four-fold jump in revenues in FY23 but losses soar
    21 Dec 2023, retail.economictimes.indiatimes.com
    In the fiscal year 2022-23, Pilgrim, a direct-to-consumer personal care brand, reported a significant increase in operating revenue, soaring to Rs 76.46 crore from Rs 16.89 crore in FY22. However, the net loss more than tripled to Rs 23.06 crore due to higher expenses, reaching Rs 99.95 crore in FY23, notably from increased marketing expenses…
  • GenAI smartphones to capture 40% of global market by 2027, says report
    21 Dec 2023, retail.economictimes.indiatimes.com
    Generative artificial intelligence (GenAI) is poised to impact the smartphone industry, with handsets featuring on-device GenAI capabilities projected to exceed 100 million shipments in 2024 and reach 552 million units by 2027, accounting for 40% of the global market, according to a report by Counterpoint Research. Samsung is expected to capture half of the GenAI market in 2026, followed by Chinese brands like Xiaomi, Vivo, Honor, and Oppo…
  • Sportswear brand ASICS to open 50 new stores
    21 Dec 2023, retail.economictimes.indiatimes.com
    “India is a crucial market for us and with the changing consumer landscape we see a huge potential with new and emerging demand for sports across different regions in India,” said Yasuhito Hirota, President, CEO and COO, Asics…
  • Tata Consumer to expand range of innovative products
    21 Dec 2023, thehindubusinessline.com
    Tata Consumer Products’ Indian foods business saw a 16 per cent growth in revenue and a 6 per cent volume growth in Q2…
  • Mumbai Duty-Free introduces White Glove Services
    21 Dec 2023, retail.economictimes.indiatimes.com
    Avishek Das, CEO of Mumbai Duty-Free said Mumbai Duty Free has curated an ‘unparalleled’ and ‘seamless’ White Glove Services. The services will prioritize a counter dedicated to enhancing convenience, by eliminating the need to endure long queues and making effortless payments for a seamless shopping experience…
  • Home decor brand Nestroots raises Rs 3 cr in pre-seed funding
    21 Dec 2023, retail.economictimes.indiatimes.com
    The funding was led by Beyond Seed Singapore with the participation of Arjun Vaidya, Marquee D2C investor. The funding will be used to enhance the brand’s online presence along with its expansion in the global market of US, Canada and UAE in the next 5 years, read the release…
  • Nestroots Bags Rs 3 cr Funding to Fuel Home Decor Expansion and Global Foray
    21 Dec 2023, indianretailer.com
    Nestroots, a prominent new age home decor and lifestyle brand, has successfully raised a fund of Rs 3 crore led by BeyondSeed Singapore, with investment expertly handled by Bestvantage Investments…
  • CapitaLand India Acquires Industrial Facilities At Mahindra World City
    21 Dec 2023, retail.economictimes.indiatimes.com
    CapitaLand India Trust Management Pte. Ltd., the Trustee Manager of CapitaLand India Trust (“CLINT”) has completed the acquisition of Casa Grande – Phase 2…
  • Madras Mandi Expands Culinary Horizon with Fifth Store in Chennai’s Neelankarai
    21 Dec 2023, indianretailer.com
    Madras Mandi, a prominent name in the fresh produce industry and a cherished online farmers’ market in Chennai, proudly announces the opening of its fifth store in Neelankarai, Chennai…
  • Coach Makes Gujarat Debut with ‘Coach Ahmedabad’
    21 Dec 2023, indianretailer.com
    Coach has announced the opening of Coach Ahmedabad, marking the first Coach store in Gujarat. Situated in Palladium Ahmedabad, the store seamlessly blends Coach’s heritage design language with a contemporary and expressive spirit, offering an elevated and immersive retail experience…
  • Jaypore Expands Indian Craftsmanship Narrative with New Dwarka Store
    21 Dec 2023, indianretailer.com
    Jaypore, the celebrated artisanal lifestyle brand under Aditya Birla Fashion and Retail Limited (ABFRL), has unveiled its latest retail addition in Dwarka, Delhi, marking the 24th store in Jaypore’s expansive network…
  • ASICS Unveils Ambitious Retail Expansion Plans, Targets 50 New Stores by 2025
    21 Dec 2023, indianretailer.com
    Japanese sports performance brand ASICS is gearing up for significant expansion in India with the goal of adding 50 new stores by 2025, marking a decade of its independent presence in the country…
  • The Love Co. Ventures into Retail in Strategic Partnership with WHSmith
    21 Dec 2023, indianretailer.com
    The Love Co. proudly announces its foray into the retail sector through a strategic partnership with WHSmith, a renowned international entity with a broad presence in various locations across India and beyond…
  • Pee Safe Unveils Portable Jet Spray for On-the-Go Personal Hygiene
    21 Dec 2023, indianretailer.com
    Wellness and hygiene startup Pee Safe has unveiled its latest offering, the Pee Safe Portable Jet Spray—a cost-effective and travel-friendly solution for maintaining personal hygiene…
  • Kaya Clinic and ThriveCo Unite in Strategic Alliance to Redefine Hair and Bodycare Solutions
    21 Dec 2023, indianretailer.com
    In a significant move, Kaya Clinic, a leading name in advanced skin, hair, and bodycare, proudly announces a strategic collaboration with ThriveCo, a premier evidence-based cosmeceutical brand…
  • Brand Studio Lifestyle Expands Global Footprint, Enters Middle East E-commerce Market
    21 Dec 2023, indianretailer.com
    Brand Studio Lifestyle (BSL), a prominent fashion company based in Bangalore with a diverse portfolio featuring popular brands like Highlander, Tokyo Talkies, Vishudh, Ketch, and Locomotive, has unveiled its strategic expansion into the Middle East e-commerce market…
  • Myntra Expands International Retail Portfolio with Parfois, Offers Trendy Women’s Accessories
    21 Dec 2023, indianretailer.com
    Myntra has confirmed the inclusion of the global women’s fashion accessories brand, Parfois, in its diverse international brands lineup, signaling a strategic move in the Indian retail market…
  • Reliance Jewels: Illuminating 400+ Stores across India with Design Brilliance
    21 Dec 2023, irecwire.com
    Reliance Jewels has not just adorned but defined its presence with over 400 stores across India. In an exclusive candid interview, Sunil Nayak, CEO, Reliance Jewels shared his insights into the guiding principles, trendsetting strategies, commitment to sustainability, customer-centric approach, and exciting future developments of the brand…
  • Being Human Clothing to Unveil Metaverse Store for Virtual Fashion Exploration
    21 Dec 2023, irecwire.com
    In the dynamic landscape of the fashion industry, Being Human stands out as a brand that seamlessly blends style with purpose. Under the leadership of its visionary team, the company has embarked on a transformative journey, not only redefining fashion but also contributing to sustainability initiatives and expanding its global footprint…
  • How Culinary Scene is Taking Off at Indian Airports
    21 Dec 2023, irecwire.com
    Airports across India are now increasingly home to a variety of F&B outlets, shifting focus from traditional retail to more diverse and sophisticated food options…
  • Ministry of Appetite Launches in Noida
    21 Dec 2023, restaurant.indianretailer.com
    The menu offers a selection of favorites, notably showcasing dishes like Butter Paneer and Butter Chicken and many more…
  • Novotel Guwahati Unveils Renovated Sky Rooftop with Skye Restaurant
    21 Dec 2023, restaurant.indianretailer.com
    The restaurant is operating exclusively during dinner hours that has a vibrant show kitchen showcasing an array of Kebabs & Burgers, Pizzas, and Continental delights..
  • Bawri Introduces Authentic Indian Cuisine in Mumbai’s BKC
    21 Dec 2023, restaurant.indianretailer.com
    The menu is a tapestry of Chef Amninder’s heritage which encompasses recipes and flavors from diverse regions of India. Prioritizing locally sourced produce and traditional cooking methods…
  • Spice Lounge, Master Franchisee of Buffalo Wild Wings Raises $1 Million
    21 Dec 2023, retail.economictimes.indiatimes.com
    With its recent funding, Spice Lounge has swiftly inaugurated two new outlets, including its latest venture nestled in South Bangalore at the Falcon City Mall. These openings signify the brand’s dedication to bringing its signature flavours…
  • Ferns N Petals Enters into F&B Segment; Launches ‘The U Kitchen’
    21 Dec 2023, restaurant.indianretailer.com
    The U Kitchen is gearing up for a transformative impact on the catering scene, aiming to efficiently serve more than 10,000 guests simultaneously by the end of December 2023…
  • CapitaLand India Acquires Industrial Facilities At Mahindra World City
    20 Dec 2023, rprealtyplus.com
    CapitaLand India Trust Management Pte. Ltd., the Trustee Manager of CapitaLand India Trust (“CLINT”) has completed the acquisition of Casa Grande – Phase 2…
  • Prestige Group To Enter Pune Residential Market
    20 Dec 2023, rprealtyplus.com
    The Prestige Group plans to enter the Pune real estate market in 2024 by launching 1 million square feet of residential units with revenue potential of Rs 750 crore to Rs 1,000 crore…
  • Blackstone to sell $833 million stake in Embassy REIT
    20 Dec 2023, realty.economictimes.indiatimes.com
    Blackstone will sell 223.6 million units of Embassy REITs, in one of the biggest block deals this year, at a 7.7% discount to 335.75 rupees per unit price as of Dec. 19, according to the term sheet. The units will be sold via block deals in the secondary market…
  • RIL pays Rs 254 cr to Metro for using its brand name in India
    20 Dec 2023, retail.economictimes.indiatimes.com
    Last December, Reliance Retail Ventures, a unit of RIL, bought Metro Cash & Carry India for a total cash consideration of ₹2,850 crore. The deal included all 31 wholesale stores and the entire real estate portfolio of six store locations. The sale was completed in May 2023…
  • Domino’s focuses on quality, speed to trump local rivals
    20 Dec 2023, retail.economictimes.indiatimes.com
    Domino’s Pizza in India, operated by Jubilant FoodWorks (JFL), is intensifying its efforts to address growing competition from gourmet pizzerias and regional pizza players. To counter the competition, Domino’s is introducing new premium cheese varieties, toppings, and sauces for its gourmet range. The company is also increasing sampling of gourmet pizzas in its top-10 markets. ..
  • Jubilant FoodWorks appoints Suman Hegde as executive vice-president and chief financial officer
    20 Dec 2023, retail.economictimes.indiatimes.com
    ​​ The board of JFL, in its meeting held on Tuesday, approved the appointment of Hedge, who is presently working with the leading FMCG maker Hindustan Unilever as Vice President of Finance – Beauty, Wellbeing & Personal Care, South Asia…
  • Vivo India back in the black in FY23, reports Rs 211-cr net profit
    20 Dec 2023, retail.economictimes.indiatimes.com
    The smartphone brand, India’s third largest by sales, reported a net profit of ₹211 crore for FY23, as per its recent filings with the Registrar of Companies (RoC), after reporting a net loss of ₹123 crore in FY22, with sales growing 9% as compared to the previous fiscal. ..
  • ONDC partners with Google, Meta to reach small businesses
    20 Dec 2023, livemint.com
    Ministry of commerce-backed e-commerce protocol Open Network for Digital Commerce (ONDC) on Tuesday announced two separate partnerships with Google and Meta, to expand its outreach to small businesses through Google Maps and WhatsApp…
  • Walmart, Amazon in rush to ensure deliveries for last-minute shoppers
    20 Dec 2023, retail.economictimes.indiatimes.com
    Walmart, Target, and Amazon are intensifying their efforts in the shipping competition to maintain a competitive edge against low-cost Chinese retailers like Shein and Temu. Amazon has enhanced its delivery speed through a new distribution model, dividing the country into eight regions and predominantly shipping items from nearby warehouses, reducing delivery distances and costs. ..
  • Curry mix adds some spice to inflation: Impact on retail prices expected
    20 Dec 2023, retail.economictimes.indiatimes.com
    Spices inflation has remained above 22% since July, and economists said it could add another 0.6 percentage point to retail inflation between December and March as prices are unlikely to ease until the next harvest…
  • India’s Varun Beverages to enter S. Africa with $159 million deal
    20 Dec 2023, retail.economictimes.indiatimes.com
    The Beverage Company bottles and distributes PepsiCo-branded non-alcoholic beverages in South Africa and has five manufacturing facilities in the country, in addition to operations in Lesotho, Eswatini, Namibia, and Botswana…
  • Bisk Farm ropes in Rashmika Mandanna as brand ambassador
    20 Dec 2023, retail.economictimes.indiatimes.com
    Actress Rashmika Mandanna has been named the brand ambassador for Bisk Farm, a biscuit and bakery brand by Saj Food Products. The move aims to enhance the brand’s nationwide visibility, particularly in South Indian markets. Rashmika will represent the ‘RUSKIT Brand,’ featuring a range of crunchy baked toast. Bisk Farm focuses on strengthening its position in the Rusk category, targeting substantial revenue growth. ..
  • HealthKart revenue grows 69% in FY23, loss narrows on improved unit economics
    20 Dec 2023, retail.economictimes.indiatimes.com
    However, the Gurugram-based company’s total expenses grew only 21.5% during the year to Rs 1,016.5 crore – pointing to an improvement in its unit economics…
  • Accessorize London Elevates Presence in Kids Accessories with ‘Angel’ Collection
    20 Dec 2023, indianretailer.com
    Accessorize London, a premium fashion accessories brand, is gearing up to fortify its presence in the kids’ segment with the introduction of its latest category ‘Angel…
  • Stanley Lifestyles Expands Retail Presence in India with Gurgaon Store
    20 Dec 2023, indianretailer.com
    In a significant move, Stanley Lifestyles, renowned for luxury furniture and home décor, inaugurated its flagship store, Stanley Level Next, in Gurgaon’s Sultanpur area today…
  • BIBA Launches Exclusive Wedding Line
    20 Dec 2023, indianretailer.com
    Prepare to elevate your wedding fashion experience with BIBA, a prominent home-grown fashion brand. Catering to diverse roles, be it a bride, bridesmaid, cherished aunt, or a close family member, BIBA’s offerings are tailored to suit every style, offering a variety of sizes, colors, and silhouettes…
  • Digital Upskilling Revolution: ONDC and Meta’s Visionary Alliance Targets 5 Lakh MSMEs
    20 Dec 2023, indianretailer.com
    In a ground-breaking collaboration aimed at empowering small businesses to harness the full potential of digital commerce, ONDC and Meta joined forces today with a MoU…
  • Agilitas Sports Secures Rs 100 cr Funding from Nexus Venture Partners
    20 Dec 2023, indianretailer.com
    Agilitas Sports, the sportswear company co-founded by ex-Puma India MD Abhishek Ganguly, has successfully secured a funding injection of Rs 100 crore from venture capital firm Nexus Venture Partners…
  • Haldiram’s Nagpur Introduces Chocolate Brand ‘Cocobay’ to Retail Market in India
    20 Dec 2023, indianretailer.com
    Haldiram’s Nagpur has unveiled its premium chocolate brand, ‘Cocobay,’ in the Indian market. Manufactured and marketed by the Haldirams Nagpur Group, Cocobay stands out as a premium chocolate line crafted from the finest and 100 percent original cocoa, combined with the world’s best ingredients…
  • Arrow Ventures into the Lucrative Wedding Market
    20 Dec 2023, indianretailer.com
    Arrow, the distinguished menswear brand celebrated for its timeless style and innovation, proudly announces the launch of its Winter ’23 Ceremonial Collection…
  • Vertoz Marks a Unique Diwali Collab with 50 Influencers in Retail Extravaganza
    20 Dec 2023, indianretailer.com
    Vertoz, a leading digital advertising and technology company, recently marked an intriguing collaboration with 50 key influencers in India for a Diwali campaign in partnership with Bolas Dry Fruits and Sweets…
  • Fashion Fusion Revealed: Perona’s Winter Highlights in Elegant Affair
    20 Dec 2023, indianretailer.com
    Perona, the distinguished fashion brand celebrated for its exceptional craftsmanship and style, recently hosted a review party for its latest Winter Collection, inspired by modern minimalism…
  • Ferns N Petals Enters into F&B Segment; Launches ‘The U Kitchen’
    20 Dec 2023, restaurant.indianretailer.com
    The U Kitchen is gearing up for a transformative impact on the catering scene, aiming to efficiently serve more than 10,000 guests simultaneously by the end of December 2023…
  • IHG Signs Holiday Inn Resort Deal in Karjat Maharashtra
    20 Dec 2023, restaurant.indianretailer.com
    The Holiday Inn Resort in Karjat will offer an array of amenities, including a round-the-clock dining option, a bar, and a cozy lobby lounge…
  • McDonald’s India Partners with Mondelez for New Dessert Range
    20 Dec 2023, restaurant.indianretailer.com
    These new editions will be accessible via McDelivery®, takeaway, on-the-go options, dine-in, and Drive-Thru at McDonald’s outlets throughout West and South India…
  • MerchGarage Unveils Exclusive Ching’s Secret Merchandise Line in Retail Push
    20 Dec 2023, indianretailer.com
    MerchGarage, the distinguished creator-driven merchandise, and social commerce platform, is excited to introduce the official Ching’s Secret merchandise in India…
  • Royal Orchid and Regenta Hotels Expand Retail Presence with Regenta Inn Bhavani in Nellore
    20 Dec 2023, indianretailer.com
    In its ongoing endeavor to broaden its footprint across the country, Royal Orchid and Regenta Hotels have introduced yet another luxurious addition to their portfolio – the Regenta Inn Bhavani, located in the vibrant city of Nellore…
  • How Tech-Infused Threads Define Snitch’s Journey to Prominence
    20 Dec 2023, indianretailer.com
    In the dynamic world of fast fashion, where trends change in the blink of an eye, Snitch has emerged as a beacon of innovation and style. Founded three years ago by Siddharth Dungarwal, Snitch is not just a brand; it’s a revolution in men’s fashion…
  • COLLIERS INDIA ELEVATES ARPIT MEHROTRA TO LEAD PAN-INDIA OFFICE SERVICES BUSINESS
    19 Dec 2023, rprealtyplus.com
    Colliers India has announced the elevation of Arpit Mehrotra to the position of Managing Director, Office Services for India. Arpit, who presently serves as the Managing Director, South India, is a respected and well-known industry leader with proven capabilities in office transactions, lease negotiations and tenant representation…
  • ASHWIN SHETH GROUP PLANS TO EXPAND IN MMR REGION
    19 Dec 2023, rprealtyplus.com
    With 37 years of legacy, known for its strategic locations and design, Ashwin Sheth Group, a leading real estate developer in India, announces a year of significant milestones, innovation, and continued growth in the Indian real estate sector…
  • Global audio pioneers Bose takes minority stake in Noise
    19 Dec 2023, retail.economictimes.indiatimes.com
    The company did not disclose the investment figures or the percentage of stake acquired by Bose, citing a non-disclosure agreement. “They have acquired a minority stake in Noise,” Khatri said, adding that the company is looking to add more investors going forward…
  • Swiggy launches Pockethero feature to offer affordable food
    19 Dec 2023, retail.economictimes.indiatimes.com
    Visible as an option on the Swiggy app, it will display only select restaurant partners within a three- kilometer delivery radius and offer free delivery and up to 60% discounts. It is expected to benefit students and bring in more first-time users to the app…
  • Delhi consumer commission imposes Rs 3,000 fine on retailer for charging Rs 7 for paper carry bag
    19 Dec 2023, retail.economictimes.indiatimes.com
    The customer has a right to know, before making his purchase that additional cost of the carry bag will be charged and also has the right to know the salient specifications and price of the carry bag,” the commission said…
  • Healthy snacking market may continue gaining momentum from tier 2 and beyond regions in 2024
    19 Dec 2023, retail.economictimes.indiatimes.com
    According to a market research firm Imarc Group, the India snacks market size reached Rs 42,694.9 crore in 2023. Looking forward, the firm expects the market to reach Rs 95,521.8 crore by 2032 with a growth rate (CAGR) of 9.08% during 2024-2032…
  • Mensa Brands’ FY23 Loss More Than Doubles To INR 227 Cr
    19 Dec 2023, inc42.com
    House of brands unicorn Mensa Brands’ consolidated net loss more than doubled to INR 227 Cr in the financial year 2022-23 (FY23) from INR 96.6 Cr in the prior fiscal year due to higher cash burn…
  • Handlooms need to carve a niche
    19 Dec 2023, retail.economictimes.indiatimes.com
    The handloom industry, a more than 2,000-year-old craft, has mostly relied on government support in Tamil Nadu. Mechanization and the rise of powerlooms have shifted the focus away from handlooms towards mass production with manmade fibres. To revive the industry, the Tamil Nadu government plans to establish 10 mini handloom parks across the state. These parks will bring handloom weavers together and enable them to produce niche products based on market demand…
  • India shines as a global growth leader, contributing over 16% to the world’s growth: IMF
    19 Dec 2023, retail.economictimes.indiatimes.com
    Economic reforms in digitization and infrastructure propel India’s robust growth, making it one of the fastest-growing major economies. While facing global challenges, the nation’s focus on infrastructure investment and logistical development lays a strong foundation, says International Monetary Fund. The IMF emphasizes the need for comprehensive reforms, including labor utilization…
  • Eco Soul Home to double its presence in international markets
    19 Dec 2023, retail.economictimes.indiatimes.com
    Over the next three years, the brand is planning to invest more than Rs 600 crore to set-up factories and manufacturing facilities in India and abroad…
  • Post-Shipment Integrated Solution ‘UniShip’ Unicommerce’s new offering for Retail Brands
    19 Dec 2023, retail.economictimes.indiatimes.com
    UniShip enhances the post-order journey for sellers and consumers with shipment tracking & customized brand page for returns. ~Brand Connect Initiative~..
  • Chumbak Transforms Iconic Haus Khas Store into a Sensory Haven
    19 Dec 2023, indianretailer.com
    Chumbak has completed a comprehensive revamp of its renowned Haus Khas store in New Delhi and is poised to welcome customers back with an entirely new retail experience…
  • Miraj Cinemas Expands Footprint with New Multiplex at Ansal Plaza, Ghaziabad
    19 Dec 2023, indianretailer.com
    Miraj Cinemas proudly announces the inauguration of its latest cinematic venture on the 2nd floor of Ansal Plaza at Vaishali, Ghaziabad, in the national capital region of India…
  • Top 10 Best Vodka Brands in India: Price Per ml, Variants and Alcohol by Volume (ABV) Percentage
    19 Dec 2023, indianretailer.com
    The Indian market offers a rich array of vodka brands, each distinguished by its unique variants and alcohol by volume (ABV) percentages…
  • Pigeon Chopper Joins Stovekraft’s Arsenal of Culinary Tools
    19 Dec 2023, indianretailer.com
    Stovekraft Limited, a distinguished name in innovative cookware and kitchenware appliances, has expanded its diverse product line with the inclusion of the Pigeon Ultra-Fast Electric Chopper…
  • Takara Standard Explores Potential Entry into Indian Retail Market
    19 Dec 2023, indianretailer.com
    Takara Standard is contemplating a strategic move into the Indian retail market, a decision that aligns with its broader objective to elevate overseas sales to 10 billion JPY by FY 2030, a considerable leap from the approximately 1 billion JPY recorded in FY 2022…
  • Udaan Bags $340 mn in Series E Funding Amid Global Economic Slowdown
    19 Dec 2023, indianretailer.com
    Udaan has successfully raised $340 million in Series E financing, marking a notable resurgence in deal momentum amidst tight liquidity conditions and a global economic slowdown…
  • Tiger Corporation Celebrates a Century with New Offerings for Indian Consumers
    19 Dec 2023, indianretailer.com
    Tiger India Private Limited (TIPL), the Indian arm of Japanese innovator Tiger Corporation, renowned for its vacuum insulation technology, commemorated its 100th anniversary in February 2023…
  • Amandeep Kaur Rejoins as GM at ITC Gardenia Bengaluru
    19 Dec 2023, restaurant.indianretailer.com
    Previously serving as the GM at Welcomhotel by ITC Hotels on Richmond Road in Bengaluru, Amandeep successfully oversaw the property’s operations, guiding her team to attain their targeted outcomes…
  • Curefoods Invests 10 Crores into HOGR Food Discovery Platform
    19 Dec 2023, restaurant.indianretailer.com
    This investment will drive Hogr’s growth, supporting its app expansion, feature enhancements, and the introduction of updates for an elevated user journey…
  • Romeo Lane Unveils its 9th outlet in Dehradun
    19 Dec 2023, restaurant.indianretailer.com
    Romeo Lane celebrated its grand opening as the 9th addition in Dehradun. Saurabh Luthra is the mind behind Romeo Lane, Birch by Romeo Lane, and Mama’s Buoi, has created a restaurant where sustainability meets flavor seamlessly…
  • Foot Locker Expands Presence in India with Metro Brands and Nykaa Fashion Partnership
    19 Dec 2023, indianretailer.com
    US-based footwear and sportswear retail giant, Foot Locker Inc, has entered into a long-term licensing agreement with footwear retail chain Metro Brands Ltd (MBL) and online beauty and fashion e-commerce major Nykaa Fashion. In a strategic move, MBL gains exclusive rights to own and operate Foot Locker stores across India, selling authorized merchandise…
  • McFarlane Toys Secures Multi-Brand Licensing Deal with Hasbro
    19 Dec 2023, indianretailer.com
    In a significant move, McFarlane Toys has unveiled a multi-brand licensing agreement with toy and game giant Hasbro. This strategic partnership integrates iconic franchises, including Transformers, Power Rangers, G.I. Joe, and Dungeons and Dragons, into the Page Punchers lineup…
  • Copper Chimney Unveils its Culinary Legacy in Delhi
    19 Dec 2023, indianretailer.com
    In 1947, during the tumultuous year of the Partition, J.K. Kapur, a young man, crossed the border into a newly independent India, unknowingly carrying memories that would birth a 50-year culinary legacy—the iconic Copper Chimney…
  • Ecom Express Appoints Krishnananda Bhattacharjya as Chief Product Officer
    19 Dec 2023, retail.economictimes.indiatimes.com
    Ecom Express Limited, a technology-driven end-to-end logistics solutions provider, has announced the appointment of Krishnananda Bhattacharjya as the Chief Product Officer…
  • How NEWME Captured Gen-Z Hearts: A Fashion-Tech Story of Innovation
    19 Dec 2023, indianretailer.com
    In the ever-evolving realm of fashion and technology, a revolutionary force has emerged, capturing the essence of adaptability, innovation, and self-expression. NEWME, a dynamic fashion-tech brand, has swiftly risen to prominence in the Indian market, carving a niche for itself among discerning Gen-Z women…
  • Emaar India To Invest Rs 900 Cr In Luxury Housing Project In Gurugram
    18 Dec 2023, rprealtyplus.com
    Realty firm Emaar India will invest Rs 900 crore over the next four years to develop a luxury housing projects in Gurugram as part of its expansion plan…
  • Swiggy’s ‘collection fee’ sparks dispute with restaurants
    18 Dec 2023, retail.economictimes.indiatimes.com
    The National Restaurants Association of India (NRAI), which represents over 500,000 companies across the country, also said restaurants will seek clarity from the food delivery platform in the coming days. “December is supposed to be the best month of business for us; for Swiggy to unilaterally come up with this suddenly in peak season is definitely an unwelcome distraction,” said Sagar Daryani, vice president of NRAI…
  • Growing our online channels further remains a priority for us, says Manos Nikolakis, GM, BIC Cello
    18 Dec 2023, retail.economictimes.indiatimes.com
    Manos Nikolakis, GM, BIC Cello, said, “While e-commerce is growing significantly across the country, the landscape of the Indian market is still heavily reliant on traditional trade. Accordingly, this remains our main sales driver. The lack of digital penetration in semi-urban and rural areas can sometimes create a challenge in the e-commerce space, which means that e-commerce is mostly relevant in bigger cities with a more mature infrastructure.”..
  • PhonePe explored investment in Dunzo’s merchant business
    18 Dec 2023, retail.economictimes.indiatimes.com
    However, Dunzo investors were not in favour due to strategic nature of Walmart-backed company…
  • Under pressure from Shein, H&M reaches for upmarket shoppers
    18 Dec 2023, retail.economictimes.indiatimes.com
    “There’s no doubt that Shein is a disruptor. They have come into the market and grown very fast, which I’m sure has surprised H&M,” said Adil Shah, portfolio manager at Storebrand in Oslo, which holds H&M shares. H&M’s sales fell 4% in its fourth quarter, losing ground to Zara, whose parent company Inditex saw sales growth of 7% for its most recent quarter…
  • India’s love of homegrown single malts shakes up Pernod, Diageo
    18 Dec 2023, retail.economictimes.indiatimes.com
    Sugarcane and mustard fields, not peat bogs, ring the distillery, where the two-year-old Indian brand’s owner Piccadily is ramping up production and building a three-hole golf course to lure connoisseurs and tipplers in the whisky-loving nation…
  • We should not be complacent about India; prospects in India, particularly behind digitization, are phenomenal: Unilever CEO Hein Schumacher
    18 Dec 2023, retail.economictimes.indiatimes.com
    India accounts for more than 11% of Unilever’s global sales and is its second biggest market after the US in terms of revenue. Hindustan Unilever, the maker of Rin detergent, Dove shampoo and Lux soap is also the market leader in most segments it operates in India, with nearly 80% of its portfolio either gaining or retaining shares…
  • Scaling up business helped in returning to profit in FY23: Lenskart’s Khurana
    18 Dec 2023, financialexpress.com
    Eyewear retailer Lenskart’s return to the black in FY23 became possible by scaling up the business by investing heavily in setting up its largest automated eyewear factory in Bhiwadi, Rajasthan, co-founder and product head Ramneek Khurana told Fe. He said that the company will continue to post profit in the current fiscal also…
  • Former tech consultants turn entrepreneurs, find success in luxury watch industry with Bangalore watch company
    18 Dec 2023, retail.economictimes.indiatimes.com
    Nirupesh Joshi and Mercy Amalraj, former technology consultants, transitioned to entrepreneurship and founded the Bangalore Watch Company (BWC), an Indian luxury watch brand. BWC designs, assembles, and markets luxury automatic watches, with plans to open experience centers in Delhi, Mumbai, and Bengaluru by the end of the next year…
  • Delhi consumer commission imposes Rs 3,000 fine on retailer for charging Rs 7 for paper carry bag
    18 Dec 2023, retail.economictimes.indiatimes.com
    “The customer has a right to know, before making his purchase that additional cost of the carry bag will be charged and also has the right to know the salient specifications and price of the carry bag,” the commission said…
  • Panasonic India ends FY23 with revenues of over ₹10,000 cr up 15%
    18 Dec 2023, thehindubusinessline.com
    Panasonic India is sharpening focus on value-added appliances at a time when consumers are increasingly buying premium and feature-rich products…
  • Wedding season: Durable makers witness pickup in sales of entry-level products
    18 Dec 2023, retail.economictimes.indiatimes.com
    Leading home appliance and consumer electronics manufacturers experienced increased sales during the wedding season, driven by demand for entry-level mass products in non-metro cities. Following the festive season’s 15-20% growth, companies like LG, Godrej Appliances, and Panasonic extended offers and financing schemes in November for products ranging from washing machines to small kitchen appliances. ..
  • Truefitt and Hill Unveils Opulent Retail Haven in Bhubaneswar
    18 Dec 2023, indianretailer.com
    Embarking on a new chapter, Truefitt and Hill, the prestigious World’s Oldest Barbershop, proudly announces the grand opening of its newest retail outlet in the revered Temple City…
  • Wardwizard Foods and Tennis Premier League Collab to Energize Retail Scene with WOL Energy Drink
    18 Dec 2023, indianretailer.com
    Wardwizard Foods and Beverages Limited proudly introduces its latest venture, WOL Energy Drink, marking a noteworthy addition to its portfolio…
  • Customer Experience Needs to Be Disrupted With the Power of AI in E-Commerce
    18 Dec 2023, indianretailer.com
    The Indian e-commerce industry has been growing by leaps and bounds and is expected to surpass the US by 2034 to become the world’s second-largest. In 2022, Indian shoppers spent over 8.7 billion hours on shopping apps, which is almost 50 percent higher than the numbers in 2019…
  • CG Power and Industrial Solutions & K Raheja Corp to jointly develop Mumbai property
    16 Dec 2023, retail.economictimes.indiatimes.com
    K Raheja Corp. will be granted development rights by CG Power and Industrial Solutions to develop the land admeasuring 4,262.34 sq meters by demolishing the existing structure…
  • Liquor maker Pernod Ricard India rakes in Rs 25,000 crore revenue in FY23
    16 Dec 2023, retail.economictimes.indiatimes.com
    Pernod Ricard’s global portfolio comprises over 200 premium brands, including 100 Pipers, Chivas Regal, The Glenlivet, Absolut, Havana Club, and Jacob’s Creek. It also owns IMFL brands such as Blenders Pride, Imperial Blue, and Royal Stag. India is the second largest market globally for Pernod Ricard after the US…
  • Meesho says it has onboarded 25K non-GST sellers since Oct’23
    16 Dec 2023, retail.economictimes.indiatimes.com
    The platform saw 40 per cent of its non-GST seller registrations last month, coming from over 20 states. The statement comes after the GST council allowed e-commerce platforms to onboard non-GST sellers with a turnover of Rs 40 lakh…
  • Emami Group shows a ₹2,000 crore appetite for its food business
    16 Dec 2023, livemint.com
    Kolkata-based Emami Group is eyeing a greater play in the packaged food market with plans to acquire small regional firms and enter new categories of kitchen staples and snacks, said a top executive…
  • After Covid, restaurants see more people, but worried over the time they spend
    16 Dec 2023, retail.economictimes.indiatimes.com
    The rebound in the hospitality sector in India has resulted in longer dining times at fine-dine restaurants, with customers spending an additional hour on average at a table. The increase in dining time has reduced table cover turnover, prompting some businesses to introduce time slots for reservations. Restaurants have observed a shift in dining behavior, with two-course meals turning into four-course affairs, including drinks and after-meal coffee…
  • H&M’s Q4 sales slow more than expected
    16 Dec 2023, retail.economictimes.indiatimes.com
    The world’s second-biggest listed fashion retailer after Inditex, H&M has been prioritising its profit margin over sales, aiming to sell more expensive products and do less discounting, as it strives to reach an operating margin of 10% in 2024…
  • Rare Rabbit: How a brand lured stylish men and hopped to $300 mn valuation
    16 Dec 2023, retail.economictimes.indiatimes.com
    Rare Rabbit has tapped into men’s growing interest in trying out different clothing styles. Pulkit Verma, head of ecommerce and digital marketing at Rare Rabbit, mentioned to ET a few years ago that they noticed more men wearing floral clothing, indicating a shift in corporate dressing becoming less formal. Tata has engaged in discussions with Rare Rabbit and is currently conducting a thorough evaluation after presenting a term sheet to potentially invest $40 million…
  • UP-based Gyan Dairy increases production to 15 lakh litres per day amid growing demand
    16 Dec 2023, retail.economictimes.indiatimes.com
    The company has set up a state-of-the-art plant in GIDA Phase II, in Gorakhpur with a capacity of five lakh litres per day, at a cost of approximately Rs 120 crores. The plant is spread over an area of 20067 square meters. With the establishment of this plant, over 1800 direct and indirect employment have been generated and over 1 lakh cattle rearing families will be benefited…
  • India’s growth story is going to be distinctive, unique: HUL’s Rohit Jawa
    16 Dec 2023, retail.economictimes.indiatimes.com
    India’s digital landscape is a key accelerator for the country’s growth story which will be distinctive and unique, Rohit Jawa, chief executive officer and managing director of Hindustan Unilever said on Friday…
  • Washing liquids to noodles: How certain categories bucked the volume growth trends
    16 Dec 2023, thehindubusinessline.com
    As GDP outpaced FMCG industry growth in the last decade, certain categories, including washing liquids, noodles, biscuits and cookies, breakfast cereals, and floor cleaners, bucked the trend…
  • Agencies start selling moong at subsidised rate; Government steps moderate onion & pulses prices
    16 Dec 2023, retail.economictimes.indiatimes.com
    The government’s ban on onion export and the decision to allow free import of yellow peas has led to a slight decline in retail prices of these commodities. Onion prices have fallen by 7% in the past week…
  • Retail industry’s role in propelling India’s economy is decisive
    16 Dec 2023, bizzbuzz.com
    A Deloitte study titled “Future of Retail” predicts that India’s online market will jump to $325 billion in 2030 from $70 billion in 2022. The organized retail market will grow to $230 billion in 2030 from $110 billion in 2022…
  • UNIQLO Expands Offline Presence with 13th Store in Faridabad
    16 Dec 2023, indianretailer.com
    Japanese apparel giant UNIQLO continues its strategic expansion in the Indian retail market with the inauguration of its first-ever store in Faridabad, situated within The Mall of Faridabad…
  • DailyObjects’ Debut Offline Store, ‘Playground,’ Elevates Retail Standards
    16 Dec 2023, indianretailer.com
    Gurugram-based design-centric lifestyle brand, DailyObjects, has made waves with the inauguration of its maiden offline store, ‘Playground,’ strategically positioned amid the bustling office spaces of DLF CyberHub…
  • Wahter’s Disruptive Approach Transforms Packaged Water Industry
    16 Dec 2023, indianretailer.com
    Wahter, conceived by founders Amitt and Kashiish A Nenwani, is poised to revolutionize the packaged water sector in India…
  • Mehar Apparels Debuts a Stylish Men’s Jeans Line
    16 Dec 2023, indianretailer.com
    Mehar Apparels, a prominent name in the fashion industry, is excited to introduce its latest jeans collection for men, aiming to redefine men’s fashion with a harmonious blend of style and comfort…
  • Tanzire Introduces Missoma, the Cult Demi-Fine Jewelry Brand
    16 Dec 2023, indianretailer.com
    In a groundbreaking partnership, Tanzire, India’s premier global retail platform for demi-fine jewelry, is excited to reveal the exclusive debut of Missoma, the renowned demi-fine jewelry label from London, in the Indian market on December 11th…
  • Kapiva and Tiger Shroff Challenge Fitness Stereotypes, Elevates Ayurveda Wellness Landscape
    16 Dec 2023, indianretailer.com
    Kapiva, a trailblazer in contemporary Ayurvedic solutions, has joined forces with Bollywood sensation Tiger Shroff to redefine perceptions of Shilajit, a mineral-rich resin often misunderstood…
  • Tanzire Introduces Missoma, the Cult Demi-Fine Jewelry Brand
    16 Dec 2023, indianretailer.com
    In a groundbreaking partnership, Tanzire, India’s premier global retail platform for demi-fine jewelry, is excited to reveal the exclusive debut of Missoma, the renowned demi-fine jewelry label from London, in the Indian market on December 11th…
  • Kapiva and Tiger Shroff Challenge Fitness Stereotypes, Elevates Ayurveda Wellness Landscape
    16 Dec 2023, indianretailer.com
    Kapiva, a trailblazer in contemporary Ayurvedic solutions, has joined forces with Bollywood sensation Tiger Shroff to redefine perceptions of Shilajit, a mineral-rich resin often misunderstood…
  • Rapper Badshah Ventures Into Hospitality Investments
    16 Dec 2023, restaurant.indianretailer.com
    Badshah has invested in a Mumbai nightclub called Dragonfly. He’s ventured into producing Punjabi films and initiated a music channel based in Punjab. Moreover, he founded a clothing line named BADFIT. ..
  • South Seas Distilleries Unveils ‘Crazy Cock’ Single Malt Whisky
    16 Dec 2023, restaurant.indianretailer.com
    Initially whiskey is accessible in Mumbai, Goa, and Haryana, the brand has intentions for wider expansion in the upcoming months…
  • Faasos Unveils New Shawarma Range
    16 Dec 2023, restaurant.indianretailer.com
    This launch solidifies Faasos as a key player in the Shawarma market, presenting eight variants ranging from Classic Peppy Chicken to Special Smoky Chicken and Sizzled Falafel, among others…
  • Prasad Rao Appointed General Manager of Courtyard by Marriott Gorakhpur
    16 Dec 2023, restaurant.indianretailer.com
    In his new position, he’ll oversee operations, handle finances, promote effective team communication, and uphold compliance with changing regulations…
  • India ordered 2.5 biryanis per second in 2023; Swiggy Report
    16 Dec 2023, restaurant.indianretailer.com
    As we bid adieu to 2023, food delivery giant Swiggy has released its eighth annual “food wrap,” chronicling the culinary adventures of its users throughout the year…
  • MalaikaBurger Singh Secures Funding Led by Turner Morrison Ltd
    16 Dec 2023, restaurant.indianretailer.com
    The brand aims to expand its team by hiring an additional 400 individuals across its restaurant network within the upcoming 18 months, effectively doubling its current workforce…
  • ITV Studios and VBG Debut “The Voice” Winter Virtual Fashion Line on Roblox
    16 Dec 2023, indianretailer.com
    ITV Studios and the Virtual Brand Group (VBG) have unveiled the winter virtual fashion line for “The Voice,” now exclusively available on Roblox…
  • Glucovita Bolts Partners with Nickelodeon’s “Motu Patlu” for a Energy and Entertainment Fusion
    16 Dec 2023, indianretailer.com
    Glucovita Bolts, a prominent player in the energy supplement category, recently revealed an exciting partnership with Nickelodeon, India’s beloved kids’ entertainment franchise, and its flagship show, “Motu Patlu.”..
  • How Saundh Targets to Become a Global Luxury Lifestyle Brand by 2030
    16 Dec 2023, indianretailer.com
    With a deep involvement in fabric manufacturing, Sarabjeet Saluja identified a market gap—access to luxury products at an affordable price. Recognizing this opportunity, he founded Saundh to address the accessibility challenges in the industry…
  • Innovation, Inclusivity, and Icons: Odette’s Path to Fashion Dominance
    16 Dec 2023, indianretailer.com
    In a candid conversation with Mamta Roy, the ingenious mind behind Odette, the story unfolds, illuminating the brand’s meteoric rise since its inception in 2020. A profound testament to Odette’s success lies in its impressive fivefold revenue growth, a feat achieved by navigating through the dynamic landscape of the fashion industry with finesse and foresight…
  • RAHEJA VIVAREA ENTERS KORAMANGALA BENGALURU
    15 Dec 2023, rprealtyplus.com
    Chalet Hotels Ltd. and K Raheja Corp Homes, have entered into a strategic alliance for a luxury residential development, in the Koramangala micro-market of Bengaluru. Spread across an expansive 8.25-acre premium land parcel owned by Chalet Hotels Ltd…
  • APARNA ENTERPRISES GOES GLOBAL WITH EXPANSION IN SE ASIAN COUNTRIES
    15 Dec 2023, rprealtyplus.com
    Aparna Enterprises Limited, India’s fastest growing building materials manufacturer, has entered strategic South-East Asia markets with its uPVC doors and windows brand, Ökotech. After successfully penetrating..
  • Reliance Retail to come up with value apparel retail stores in tier 2, 3 towns
    15 Dec 2023, retail.economictimes.indiatimes.com
    This will also be the first store format which the country’s largest retailer will expand primarily through the franchisee model. The company will set up over 500 such stores in direct competition with the likes of rural and small-town focused chains like V-Mart Retail, the executives said…
  • India’s Tata Capital eyes fashion brand Rare Rabbit at $300 million valuation -sources
    15 Dec 2023, retail.economictimes.indiatimes.com
    Tata Capital is the financial services arm of India’s $144 billion salt-to-aviation Tata conglomerate, and its investment interest in Rare Rabbit comes at a time its rivals such as billionaire Mukesh Ambani’s Reliance are also gravitating towards premium fashion offerings…
  • For FMCG giants, a big opportunity can also turn into a looming threat
    15 Dec 2023, retail.economictimes.indiatimes.com
    Big FMCG companies are heavily investing in e-commerce to tap into its vast potential. Their strong brands and significant investments in technology will drive their success in this growing market. However, emerging Direct-to-Consumer (D2C) brands pose a constant threat, keeping the giants on edge and vulnerable…
  • GeM portal set to break records with ₹3.5 trillion procurement in FY24
    15 Dec 2023, livemint.com
    Goods and services procurement through the government e-market (GeM) portal is poised to reach ₹3.5 trillion by the end of this fiscal year, driven by heightened buying activities across ministries and government departments, a senior official said…
  • Myntra registers 60 mn monthly active users this festive season
    15 Dec 2023, retail.economictimes.indiatimes.com
    The Gen Z fashion segment has seen a 2.25 times YoY surge in demand and about 175 per cent growth in customers, the release read. The beauty segment grew 3 times the market and the D2C category recorded 70 per cent YoY growth in the last quarter…
  • Luxury slowdown prompts fears of inventory pile-up over key holiday season
    15 Dec 2023, retail.economictimes.indiatimes.com
    The latest U.S. credit card data from Barclays released on Wednesday showed that spending on luxury goods remained negative in November, down 15% year-on-year after a decline of 14% in October. That performance “doesn’t bring much optimism” for the fourth quarter, with the weak trends in the U.S. reason for caution about the performance of luxury brands over the period, Barclays analysts said…
  • Unilever in advanced talks to sell Elida Beauty to Yellow Wood: Report
    15 Dec 2023, livemint.com
    Unilever Plc is in advanced talks to sell Elida Beauty, a division that includes non-core beauty and personal care brands such as Q-Tips and Impulse, to private equity firm Yellow Wood Partners, people familiar with the matter said on Thursday…
  • Curefoods appoints Avani Davda as independent director
    15 Dec 2023, retail.economictimes.indiatimes.com
    Davda is a seasoned executive having more than two decades of experience and a proven track record in the food and beverages industry including the Tata group…
  • Tamil Nadu leads among states with $4.8 billion in electronics exports
    15 Dec 2023, retail.economictimes.indiatimes.com
    ​​NIRYAT said the State has reached about 90% of the previous financial year’s value ($ 5.37 billion) in a period of seven months of the current financial year 2023-2024 (April – October 2023)…
  • Motorola plans to double exports from India
    15 Dec 2023, retail.economictimes.indiatimes.com
    “North America is our primary export market from India. Currently, we have been exporting 20-25% of our capacity to North America, and every year, we are seeing step ups in terms of growth. We are planning to double our exports next year (in 2024),” said Prashant Mani, executive director, Asia Pacific, Motorola…
  • India’s e-retail market estimated to cross USD 160 billion by 2028: Report
    15 Dec 2023, retail.economictimes.indiatimes.com
    ​E-retail in India is expected to surge past USD 160 billion (over Rs 13 lakh crore) mark by 2028, a report released by Bain & Company in collaboration with Flipkart said on Wednesday. The E-retail market is expected to be around USD 57-USD 60 billion (Rs 4.75 lakh crore to 5 lakh crore) in 2023, with an annual shopper base of around 240 million representing an annual addition of USD 8-12 billion since 2020…
  • Renowned Designer Kaveri Lalchand Expands Offline Footprint with New Bandra Store
    15 Dec 2023, indianretailer.com
    TheRenowned Lakmé Fashion Week Designer and dynamic personality, Kaveri Lalchand, proudly opens the doors of her eponymous label with a new stylish experience in the luxurious hub of Bandra, Mumbai following the success of her Kala Ghoda outlet…
  • Masaba Gupta’s LoveChild Unveils Exclusive Sampling Kiosk at T2 Mumbai Airport
    15 Dec 2023, indianretailer.com
    LoveChild, the beauty brand curated by multi-hyphenate entrepreneur and actor Masaba Gupta, has made its official debut at T2, Chhatrapati Shivaji International Airport, Mumbai, introducing an exclusive sampling kiosk in collaboration with Adani Digital Labs…
  • Satya Paul’s Exclusive Retail Delight Unveiled in DLF Emporio
    15 Dec 2023, retail.economictimes.indiatimes.com
    Satya Paul, a trailblazer in the realm of Indian retail since its inception in 1985, has consistently pushed the boundaries of traditional fashion…
  • List of 72 Retail Business Ideas in India in 2024 (Low Investment, High Profit)
    15 Dec 2023, indianretailer.com
    In 2024, the retail landscape continues to offer lucrative opportunities for entrepreneurs seeking low investment and high profit ventures…
  • Wardwizard Foods Signs MoU with Gujarat Gov to Boost Food Manufacturing in India
    15 Dec 2023, indianretailer.com
    Wardwizard Foods and Beverages Limited proudly announces the signing of a significant Memorandum of Understanding (MoU) with the Government of Gujarat, marking a pivotal moment in the expansion of food manufacturing capabilities in the state…
  • Malaika Arora and Karishma Tanna Set the Tone for Caprese’s #DazzleWithCaprese
    15 Dec 2023, indianretailer.com
    Caprese, the distinguished premium fashion handbag brand, introduces the #DazzleWithCaprese campaign, featuring fashion icons Malaika Arora and Karishma Tanna…
  • Nurturing Growth: Washington Apples’ Strategic Outlook in the Flourishing Indian Market
    15 Dec 2023, indianretailer.com
    The initiation of the new season and a fresh chapter for Washington Apples in India was commemorated by the Washington Apple Commission in collaboration with the U.S. Embassy’s Office of Agricultural Affairs in India…
  • Emami Group appoints McKinsey & Co to identify 2-3 categories to foray into
    14 Dec 2023, retail.economictimes.indiatimes.com
    There are plans to undertake an initial public offering for the group’s edible oil and packaged food business, Emami Agrotech, once the business delivers sustained profit which is impacted last fiscal and this year due to volatility in edible oil prices globally, said promoter director of the group Aditya V Agarwal…
  • Hindustan Coca-Cola Beverages announces Rs 3000 cr investment in Gujarat
    14 Dec 2023, retail.economictimes.indiatimes.com
    This venture is proposed to take HCCB’s total employee strength in the state to more than 1,500 individuals. Himanshu Priyadarshi, chief public affairs, communications, and sustainability officer at HCCB, said, “Our investment in Rajkot is a testament to our belief in Gujarat’s potential and our commitment to its people. It is not only about scaling our business operations but also about deepening our roots in a state that has been a key market and a source of inspiration for innovation…
  • Nexus Venture Partners invests Rs 100 crore in Agilitas Sports
    14 Dec 2023, retail.economictimes.indiatimes.com
    The Agilitas investment from Nexus underscores the growing trend of venture funds looking to back companies in the manufacturing and retail business that leverage technology as an additional layer…
  • How Amazon is using Gen AI and tech innovations for better CX and to scale across Indian geographies?
    14 Dec 2023, retail.economictimes.indiatimes.com
    “We will continue exploring opportunities to provide review highlights in more places throughout the shopping experience to make it easier for customers to discover and evaluate products. Our ultimate goal is to simplify the review submission process, combat fake reviews, introduce new content types, and utilize AI to highlight key insights, ensuring that customers can confidently navigate their purchase decisions,”​​ Kishore Thota, Director of Shopping Experience, India & Emerging Markets, Amazon said…
  • Pernod Ricard bets India will bottoms up to the top
    14 Dec 2023, retail.economictimes.indiatimes.com
    The company controls about a fourth of the overall whisky market in India despite a negligible presence in the mass segment and gets a significant chunk from premium and semi-premium brands, mainly Blenders Pride, Royal Stag and Imperial Blue. The distiller also owns India’s highest selling Scotch 100 Pipers with sales of over 1.5 million cases annually. The company, however, has been increasingly facing competition from Diageo, Beam Suntory and homegrown players such as Amrut and John Distillers in the pricier segments…
  • Wipro Consumer Care expands horizons: Enters D2C space with Bio-essence, plans FMCG start-up investments
    14 Dec 2023, retail.economictimes.indiatimes.com
    Wipro Consumer Care and Lighting is expanding its direct-to-consumer (D2C) business with its global brand Bio-essence, targeting the premium segment in India. The company plans to launch ethnic ready-to-cook breakfast and South Indian snacks, targeting the premium segment in areas like facial care, cleaners, moisturizers, and toners…
  • India’s e-retail market estimated to cross USD 160 billion by 2028: Report
    14 Dec 2023, retail.economictimes.indiatimes.com
    ​E-retail in India is expected to surge past USD 160 billion (over Rs 13 lakh crore) mark by 2028, a report released by Bain & Company in collaboration with Flipkart said on Wednesday. The E-retail market is expected to be around USD 57-USD 60 billion (Rs 4.75 lakh crore to 5 lakh crore) in 2023, with an annual shopper base of around 240 million representing an annual addition of USD 8-12 billion since 2020…
  • Indian exporters on Amazon Global Selling see over 80% business growth during 2023 Black Friday Cyber Monday
    14 Dec 2023, retail.economictimes.indiatimes.com
    Exporters from tier 2 and tier 3 cities saw strong year-on-year growth during this period — Karur (over 100% YoY), Junagadh (nearly 100% YoY), Erode (over 50% YoY), Jaipur (over 30% YoY)…
  • Myntra records 7.5 crore new app users this year, beauty category registers 3X growth
    14 Dec 2023, livemint.com
    Online shopping platform Myntra said it added 7.5 crore new app users in 2023 with its loyal customer base growing by 100% YoY in the last 18 months. During the festive season, Myntra registered a record high of six crore monthly active users this year…
  • How Shein outgrew Zara and H&M and pioneered fast-fashion 2.0
    14 Dec 2023, retail.economictimes.indiatimes.com
    Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M. Shein’s low prices – $5 t-shirts and $10 sweaters – also draw shoppers who might have otherwise shopped at clothing discount stores…
  • Zara owner Inditex’s nine-month profit soars 32.5%, sales growth slows down
    14 Dec 2023, retail.economictimes.indiatimes.com
    The world’s biggest fashion retailer said its net profit was 4.1 billion euros ($4.42 billion) as expected by analysts, most of whom are still betting on the company’s ability to sell fashion faster and draw more aspirational shoppers. The company behind Zara and other brands is investing in bigger but fewer stores and logistics capacity to back up its online sales and deliver clothes a few days faster than its rivals, according to analysts…
  • DailyObjects opens first offline store
    14 Dec 2023, retail.economictimes.indiatimes.com
    “For offline strategy, I was determined to break the traditional retail model moulds to bring more authenticity to the brand experience at the store.” said Pankaj Garg, co-founder, DailyObjects…
  • Soch Marks Strategic Retail Expansion with 45th Store Opening in Bangalore
    14 Dec 2023, indianretailer.com
    Soch has inaugurated its 45th store in Bangalore, strategically positioned on Commercial Street. Spanning 2000 sq ft, this new store is poised to become one of the largest Soch outlets in the city, catering to the diverse ethnic wear needs of Bangalore’s fashion-forward women…
  • Zimero Announces Strategic Expansion to Hyderabad and Bangalore Markets
    14 Dec 2023, indianretailer.com
    Zimero has unveiled its expansion plans for 2024. Renowned for its distinctive flavors and commitment to using natural ingredients, the company is gearing up to establish new retail stores in Bangalore by the upcoming summer, with an online delivery expansion set to include Hyderabad by January…
  • MiniKlub Expands Retail Footprint in India with Second Store in Trivandrum
    14 Dec 2023, indianretailer.com
    India’s leading kidswear brand, MiniKlub, proudly announces the opening of its second store in Trivandrum, solidifying its commitment to providing stylish and high-quality children’s clothing…
  • Top 10 Fashion Brands With Longest Names and Their Stories
    14 Dec 2023, indianretailer.com
    In the world of high fashion, a brand’s name is a gateway to its heritage, craft, and aesthetic. This article offers an in-depth exploration into the top fashion brands with the longest names, each carrying a unique tale of its inception, evolution, and influence…
  • American Brew Crafts Takes Flight in Kerala’s Retail Beer Scene with Flying Monkey
    14 Dec 2023, retail.economictimes.indiatimes.com
    American Brew Crafts Pvt Ltd (ABCL), a renowned brewing company celebrated for its exceptional brews, marks its entry into Kerala’s retail beer market with the launch of Flying Monkey Ultra Strong Beer…
  • Top 10 Brands like Louis Vuitton in India
    14 Dec 2023, indianretailer.com
    Looking for luxury brands that rival the iconic Louis Vuitton in India? Well, hold onto your stylish hats because we’ve got the top 10 brands that will blow your fashion-loving mind!..
  • Microplastic-Free Haircare Hits Shelves at La Pink
    14 Dec 2023, indianretailer.com
    A well-known skincare brand recognized for pioneering India’s first 100 percent Microplastic Free Formulations, La Pink has made a significant foray into the hair care sector with the introduction of La Pink Methi Dana 8-in-1 Hair Oil, Shampoo, and Conditioner, alongside La Pink Olive and Argan Shampoo and Conditioner…
  • Clage’s Premium Water Heaters Make Waves in Indian Retail with Blutherm Partnership
    14 Dec 2023, indianretailer.com
    Combatting the winter chill in style, Clage, Germany’s leading water heater brand, has entered the Indian market through an exclusive collaboration with Blutherm, a prominent curator of premium, energy-efficient, and sustainable products in India…
  • Harvesting Change: The Organic Evolution of India’s Food Industry
    14 Dec 2023, irecwire.com
    This narrative unfolds through the stories of four pioneering brands-Tata Soulfull, Sid’s Farm, Farmio, and Natureland Organics. As we delve into their journeys, we discover a shared commitment to health, sustainability, and a reimagined food ecosystem…
  • Silly Resto-Bar Makes Entrance into Delhi’s Dining Scene
    14 Dec 2023, restaurant.indianretailer.com
    Their menu harmonizes street-style delicacies with premium local ingredients, offering a diverse range of flavors like Picture Cherry Tomato & Bocconcini Crostini, the Chicken Tikka Popcorn and their Tofu, Chilli Dumplings and many more…
  • Domino’s Unveils Revamped Viva Roma Range
    14 Dec 2023, restaurant.indianretailer.com
    The revamped range is exclusively available for order at Domino’s outlets in Delhi, NCR, Mumbai, Bangalore, Chennai, and Pune, or through the Domino’s app…
  • Future-Proofing Hospitality: Technology Trends in Hospitality Transportation
    14 Dec 2023, restaurant.indianretailer.com
    The Indian hospitality industry is expected to be worth $23.50 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.73% to reach $29.61 billion by 2028…
  • Da Milano Unveils Winter Apparel Collection 2023: A Symphony of Style and Warmth
    14 Dec 2023, indianretailer.com
    Renowned for its commitment to luxury and sophistication, Da Milano introduces its highly sought-after Winter Apparel Collection 2023, a masterpiece of winter fashion redefinition…
  • Glenmorangie Collabs with Shivan and Narresh to Elevate Indian Luxury Living
    14 Dec 2023, indianretailer.com
    Glenmorangie, the pinnacle of luxury in the realm of single malt Scotch whiskies under the Louis Vuitton Moët Hennessy umbrella, is merging the worlds of fine spirits and high design to carve a niche in the living rooms of discerning Indian consumers…
  • 8-9% RENTAL GROWTH FOR MALL OPERATORS IN FY2025
    13 Dec 2023, rprealtyplus.com
    Retail trading values expected to increase by 14-15% in FY2024 and 10-12% in FY2025 led by strong consumer demand. ICRA expects the rental income for mall operators to increase by 9-10% YoY growth in FY2024 and 8-9% in FY2025, driven by healthy occupancy levels, estimated growth in trading values and rental escalations…
  • Reliance Retail scaling up its B2B apparel business
    13 Dec 2023, retail.economictimes.indiatimes.com
    The company has already launched more than 50 such exclusive brands and the number will be increased by 2-3 times shortly as part of its latest strategy to expand the fashion business, going beyond its own stores as that offers much higher growth opportunities, two senior industry executives in the know of the development said…
  • ITC’s FMCG biz grows at 14% CAGR in last 3 yrs, Aashirvaad becomes Rs 8,000 cr brand
    13 Dec 2023, retail.economictimes.indiatimes.com
    ITC is “one of the fastest growing FMCG Businesses in India” with rapid scale in revenues, which is largely “driven by brands developed in-house”, ITC in an investor presentation released on Tuesday. ITC’s FMCG products are now “present in 3 of 4 households in India,” it added. Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 years…
  • ITC’s cigarette sales volume almost claws back to peak of FY 2012-13 levels
    13 Dec 2023, retail.economictimes.indiatimes.com
    As per ITC chairman Sanjiv Puri’s presentation made on Tuesday, cigarette volume had declined by 20% between FY13 till FY20 due to sharp rise in taxes. From FY22 onwards, ITC clawed back cigarette sales from the illicit trade due to relatively stable taxation and portfolio fortification, the presentation said…
  • Fashion, mobility segments to drive Indian consumer tech market to $300 billion by 2027: report
    13 Dec 2023, retail.economictimes.indiatimes.com
    As of fiscal year 2022, the consumer tech sector’s total addressable market was estimated to be at $100 billion, with mobility, and entertainment and media leading the pack, followed by fashion, the report said…
  • Flipkart launches its first grocery fulfillment center in Bhubaneswar; to generate over 300 jobs
    13 Dec 2023, retail.economictimes.indiatimes.com
    Spread over 1.35 lac square feet with a dispatch capacity of over 2.09 lac units per day, this FC will cater to 16,000 orders a day, as the company said in the release. The center is said to generate 300 direct and indirect employment opportunities and help local sellers and small & medium farmers to connect to larger consumers…
  • Indians can’t get enough of imported luxe chocolates
    13 Dec 2023, retail.economictimes.indiatimes.com
    India’s demand for high-end, luxury imported chocolates is growing, and the year-end season is predicted to see a notable spike in demand. In 2023, the nation imported $27.84 million worth of chocolate, a 45% increase over the previous year. It is anticipated that more high-end foreign brands will enter the nation’s market. ..
  • Mall supply at top six cities to reach 116-118 million square feet by March 2025
    13 Dec 2023, retail.economictimes.indiatimes.com
    The top six markets in India are expected to witness an increase in the total grade A retail mall supply from 105 million square feet to 116-118 million square feet by March 2025. Credit rating agency ICRA predicts new supply of 9-10 million square feet in FY2024 and around 6 million square feet in FY2025 across Delhi NCR, Bengaluru, MMR, Pune, Hyderabad, and Chennai…
  • Krishna’s Herbal & Ayurveda invests Rs 5 crore to open new manufacturing plant
    13 Dec 2023, retail.economictimes.indiatimes.com
    The brand, which closed last fiscal at Rs 40 crore, is eyeing to clock Rs 70 crore in revenue this fiscal and is eyeing Rs 120 crore for the next fiscal end…
  • Sunny Leone wants to build an affordable beauty brand with Starstruck
    13 Dec 2023, retail.economictimes.indiatimes.com
    She further highlighted that Starstruck’s products can be used by both men and women. “My makeup has no gender.”..
  • Rakul Preet Singh on her brand investment choices
    13 Dec 2023, retail.economictimes.indiatimes.com
    Lately, brands selling sustainable products are attracting investments from celebrities and other investors in the retail space…
  • India’s retail inflation surges 5.5 per cent in November from 4.8 per cent in October
    13 Dec 2023, retail.economictimes.indiatimes.com
    India Retail inflation: In the December policy meeting, the Reserve Bank of India (RBI) left the inflation aim unchanged at 5.4 per cent. In the August policy, the RBI MPC had raised its FY24 inflation forecast to 5.4 per cent from 5.1 per cent…
  • Retail inflation now stable, temporary increases due to demand-supply mismatches: FM
    13 Dec 2023, retail.economictimes.indiatimes.com
    “The retail inflation is now stable and within the notified tolerance band of 2 per cent to 6 per cent. A steady decline in core inflation, estimated after removing volatile food and fuel items from retail inflation, has been critical in weakening the inflationary pressure in the Indian economy,” she said. The core inflation rate has declined from 5.1 per cent in April 2023 to 4.3 per cent in October 2023…
  • The Good Glamm Group joins ONDC network
    13 Dec 2023, retail.economictimes.indiatimes.com
    By joining ONDC Network, The Good Glamm Group aims to increase its revenue opportunity by 50 per cent and reach 100 per cent more consumers. Further, the Group looks to create multiple consumer touchpoints through disruptive innovations and further expand its brand division which includes The Good Brand Co’s portfolio brands — MyGlamm, St.Botanica, Organic Harvest, Sirona Hygiene, and The Moms Co…
  • Kingdom of White Expands Offline Presence with New Store in Cochin
    13 Dec 2023, indianretailer.com
    Renowned for its premium menswear, Kingdom of White, founded on the profound philosophy of “For the Love of White,” is pleased to announce the opening of its latest store in Cochin. Choosing a location rich in cultural heritage, the brand aligns itself with the city’s seamless blend of tradition and modernity, mirroring its commitment to delivering timeless elegance through its exclusive white collection…
  • Gioia Expands Offline Presence, Opens Store at Phoenix Mall of Asia, Bangalore
    13 Dec 2023, indianretailer.com
    Renowned for its exquisite designs and unmatched craftsmanship, Gioia, the luxury leather goods brand, is excited to announce the inauguration of its latest retail outlet at Phoenix Mall of Asia, Bangalore…
  • Apparel Group Expands Victoria’s Secret Presence in South Indian Markets
    13 Dec 2023, indianretailer.com
    In a significant move that aligns with the burgeoning demand for renowned brands in the Indian retail landscape, Apparel Group India proudly announces the inauguration of two new Victoria’s Secret stores in key South Indian markets…
  • Top 10 Best Gym Equipment Brands in India
    13 Dec 2023, indianretailer.com
    The Indian fitness sector is currently undergoing a significant expansion, triggered by an increase in health awareness and disposable income. This has spurred higher demand for superior gym equipment and the emergence of a range of brands targeting varied user needs…
  • Top 10 Best Formal Shirt Brands in India 2023
    13 Dec 2023, indianretailer.com
    Did you know Indians buy more than 500 million formal shirts each year? That’s an impressive stat, isn’t it?..
  • Naturals Salons and SkinQ Set to Elevate Professional Salon Services with Medi-Facials
    13 Dec 2023, indianretailer.com
    In a significant move ahead of New Year 2024, Naturals Salons has unveiled its groundbreaking beauty treatment innovation aimed at reshaping the professional salon landscape in India…
  • Glenmorangie Partners with Shivan and Narresh to Elevate Indian Luxury Living
    13 Dec 2023, indianretailer.com
    Glenmorangie, the pinnacle of luxury in the realm of single malt Scotch whiskies under the Louis Vuitton Moët Hennessy umbrella, is merging the worlds of fine spirits and high design to carve a niche in the living rooms of discerning Indian consumers…
  • Rising Urban Affluence Propels Mall Operators to Anticipate 8-9 pc Rental Surge in FY25
    13 Dec 2023, retail.economictimes.indiatimes.com
    The retail landscape in India is poised for steady growth, with the latest insights from ICRA projecting positive trends for mall operators in the coming years…
  • Krishna’s Herbal and Ayurveda Expands Manufacturing Capacity in Jodhpur
    13 Dec 2023, indianretailer.com
    In a significant move for Ayurvedic retail, Krishna’s Herbal and Ayurveda, a pioneering name in preservative-free natural products, has announced the establishment of a state-of-the-art manufacturing plant in the Anganwa area of Jodhpur…
  • GOVO Witnesses 600 pc Surge in Net Sales Amidst Festive Season
    13 Dec 2023, indianretailer.com
    Home-grown smart hearable brand GOVO has achieved an impressive scaling of approximately 600 percent in net sales. The surge in demand has been extraordinary, particularly in audio segments such as earbuds and soundbars, with wireless technology experiencing significant expansion this festive season…
  • IOSPL Expands Ethical Beauty Brands Portfolio in India
    13 Dec 2023, indianretailer.com
    In a significant move for the Indian beauty and personal care market, IOSPL, the omnichannel partner for global brands in India, has launched three subsidiary brands, Naturtint, Boldify, and Estate, at Cosmoprof Mumbai…
  • List of Best Alcohol Brands in India for Every Palate
    13 Dec 2023, indianretailer.com
    Imagine sipping on a glass of Amrut’s single malt whiskey, relishing in its rich flavors. Now picture this – you’re about to explore 40 best alcohol brands in india, from such exquisite whiskeys to refreshing beers…
  • Nourish You Acquires One Good, Aims to Transform Plant-Based Food Scene
    13 Dec 2023, indianretailer.com
    In a transformative move within India’s expanding plant-based foods landscape, Nourish You, the nation’s pioneering superfood brand, has announced the complete acquisition of One Good, a leading vegan dairy brand…
  • Grand Hyatt Gurgaon Appoints Mario Caramella as Executive Chef
    13 Dec 2023, restaurant.indianretailer.com
    His collaborations with Michelin-starred guest chefs enriched the restaurant’s offerings, reflecting his passion for elevating culinary experiences…
  • Coca-Cola Ventures into Alcohol with Lemon-Dou
    13 Dec 2023, restaurant.indianretailer.com
    The company has initiated trial runs of Lemon-Dou, a global alcoholic ready-to-drink beverage, in regions including Goa and parts of Maharashtra…
  • Gulmohar Bar & Curry House Unveils in Pune
    13 Dec 2023, restaurant.indianretailer.com
    The menu showcases a variety of dishes, from Chole Hummus to Sheesh Touk and the traditional Jodhpuri Gulabjamun ki Kadhi and many more…
  • Virat Kohli’s much-awaited One8 Commune Opens Doors in Bengaluru
    13 Dec 2023, restaurant.indianretailer.com
    Spanning the top three floors, including a scenic rooftop with panoramic views of Cubbon Park and Chinnaswamy Stadium, the venue caters to thrill-seekers and those seeking everyday indulgence…
  • Glenmorangie Collabs with Shivan and Narresh to Elevate Indian Luxury Living
    13 Dec 2023, indianretailer.com
    Glenmorangie, the pinnacle of luxury in the realm of single malt Scotch whiskies under the Louis Vuitton Moët Hennessy umbrella, is merging the worlds of fine spirits and high design to carve a niche in the living rooms of discerning Indian consumers…
  • Global American toy retailer Toys ‘R’ Us to ‘Make in India’ from next year
    13 Dec 2023, timesofindia.indiatimes.com
    Toys ‘R’ Us, the global America-based toy retailer, will begin manufacturing private label products in India by mid-next year…
  • The Evolution of Purity: Sid’s Farm’s Unwavering Vision for Ethical Dairying
    13 Dec 2023, indianretailer.com
    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm Private Limited, takes us on a journey from the bustling streets of Silicon Valley to the serene fields of Shamshabad…
  • PRESTIGE GROUP LAUNCHES ITS FIRST PROJECT IN CALICUT
    12 Dec 2023, rprealtyplus.com
    Prestige Group, country’s leading real estate developer with a portfolio of more than 250 delivered properties across 7 cities, has announced the launch of its first residential project in Calicut – Prestige Ocean Pearl…
  • DLF LEADS IN VOLUME, SIGNATURE GLOBAL DOMINATES HOUSING UNIT SALES
    12 Dec 2023, rprealtyplus.com
    The real estate market is in a robust phase, witnessing substantial demand and sales across diverse segments. Gurugram stands out as a city consistently achieving remarkable sales quarter after quarter…
  • FMCG market to recover completely only by April-June quarter next year
    12 Dec 2023, retail.economictimes.indiatimes.com
    Since a year, there has been a noticeable drop in rural volume due to inflation and erratic monsoons. While the demand in cities is leading the overall growth with urban incomes more resilient, companies expect rural volume to recover on the back on a decent monsoon, which generally translates into higher sales after a quarter lag…
  • 2023 sees the lowest funding in the startup ecosystem in five years: Report
    12 Dec 2023, retail.economictimes.indiatimes.com
    ​”While the funding slowdown in 2023 presents challenges for the Indian tech startup ecosystem, we remain optimistic about the future. With favourable government policies and a fast-growing economy, we believe India is well-positioned for success in the years to come.” said Neha Singh, co-founder, Tracxn…
  • Zomato sees an opportunity in catering business
    12 Dec 2023, retail.economictimes.indiatimes.com
    The company is also looking to add more offerings to its loyalty programme, Gold, despite concerns about the potential impact on profitability, Rakesh Ranjan, chief executive for food delivery, said in an interview…
  • Superfood brand Nourish You acquires vegan dairy brand One Good
    12 Dec 2023, retail.economictimes.indiatimes.com
    Nourish You is also in talks for backward integration acquiring and if that materializes, then by FY25, it is targeting to touch Rs 100 crore revenue mark…
  • Robertet Group acquires fragrance and flavor mfg company Sonarome
    12 Dec 2023, retail.economictimes.indiatimes.com
    This is the company’s 6th acquisition in the last 5 years. Robertet is a family-owned fragrance, flavour and ingredient company with a presence in more than 50 countries. Bruhat declined to share the financial details of the deal. However, he said that with this acquisition the fragrance and flavor major will target a turnover of 80 to 100 million euros from the India business…
  • GRM Overseas sells stake in GRM Foodkraft to Sauce.vc
    12 Dec 2023, retail.economictimes.indiatimes.com
    GRM Foodkraft has a presence in online and offline retail as well as the D2C segment. It has over 52 Distribution Centres (DCs), serving more than 1,60,000 Kirana stores…
  • Singapore retail startups bullish on Indian market
    12 Dec 2023, retail.economictimes.indiatimes.com
    “India is a very important source market for Singapore. Travellers today are very discerning and know what they want. Singapore has always been a very important shopping destination for Indian travellers.” said GB Srithar, regional director, India, Middle East, South Asia & Africa, STB. Further, Srithar feels that such collaborations boost on-ground activation and help brands connect with their digital audiences…
  • Ice popsicle brand Skippi expects to achieve Rs 100 cr revenue by FY25; plans another manufacturing facility in Hyderabad
    12 Dec 2023, retail.economictimes.indiatimes.com
    Speaking on the growth plans and pricing strategies, Kabra said, ​”We are very well positioned with Rs 10 to Rs 30 price points product range that is not heavy on consumers’ pocket. We have created a fun category and I think it will continue to grow in the coming years.”…
  • 15-year FMCG volume growth at 3.4 per cent, says BCG
    12 Dec 2023, financialexpress.com
    The domestic fast-moving consumer goods (FMCG) business has struggled with volume growth for decades, according to Boston Consulting Group (BCG) in its latest study of the industry spanning over 15 years…
  • Good Glamm, Shoppers Stop ink collaboration for omni-channel retail
    12 Dec 2023, retail.economictimes.indiatimes.com
    Sukhleen Aneja, chief executive officer at Good Brands Co, owned by Good Glamm Group, said: “We look forward to expanding this collaboration subsequently to other products to tap into a broad consumer base.”She added the collaboration, once expanded, is expected to bridge the gap between online and offline retail and bring digital shopping experiences into physical stores…
  • Vivo Mobile India’s FY22 net loss at Rs 123 crore
    12 Dec 2023, retail.economictimes.indiatimes.com
    The Enforcement Directorate (ED) had filed a chargesheet last week against the company alleging that it had remitted Rs 1 lakh crore outside India between 2014 and 2021 by showing losses to avoid paying income tax, ET among others had reported…
  • Online furniture retailer Pepperfry reduces losses a tad to Rs 187.6 crore in FY23
    12 Dec 2023, retail.economictimes.indiatimes.com
    During FY23, Pepperfry reduced its advertising and promotional expenses by over 10% on year to Rs 106 crore. Further, while it struggled to increase scale, order fulfilment costs, which include logistics and warehousing expenses, fell in the year to March 2023. Costs under this head fell to Rs 87.4 crore in FY23 from Rs 89.3 crore a year earlier…
  • Davaindia Expands Affordable Healthcare Reach with New Store in Kerala
    12 Dec 2023, indianretailer.com
    Davaindia Generic Pharmacy, India’s largest private generic pharmacy retail chain (a brand of Zota Healthcare Ltd), thrilled to announce the grand opening of its newest store in the vibrant state of Kerala…
  • Nestasia Expands Retail Footprint with Delhi Store Amid Nationwide Growth
    12 Dec 2023, indianretailer.com
    Home décor brand Nestasia announced the inauguration of its first offline store in North India in the heart of Delhi. Following its Bengaluru (Bangalore) launch last month, the brand is on a path to fulfill its vision of opening 20+ stores in 2024…
  • WellBe Expands Guilt-Free Snacking Range in India’s Festive Retail Landscape
    12 Dec 2023, indianretailer.com
    One of the most glorious things about the festive season is the bonding over food – the way we share our joys and wishes over indulgent meals with friends and family…
  • NIDO Group Welcomes Harsh Garg as Head of Product and Partnerships for Intralogistics Innovation
    12 Dec 2023, indianretailer.com
    NIDO Group, a leading intralogistics automation company, is set to onboard Harsh Garg as its Head of Product, Solutions, and Partnerships…
  • Shark Tank-Backed HairOriginals Bags $2.75 mn to Accelerate Growth in India
    12 Dec 2023, indianretailer.com
    HairOriginals, India’s first D2C brand for 100 percent natural hair extensions and wigs, is a Shark Tank India Season 1 startup backed by Ashneer Grover, Piyush Bansal, and Anupam Mittal…
  • Centrum Expands Portfolio with Multivitamin and Protein Powders
    12 Dec 2023, indianretailer.com
    Centrum, the World’s number 1 Multivitamin Brand# marketed by Haleon (erstwhile GlaxoSmithKline Consumer Healthcare) today announced the launch of Multivitamin and Protein Powders as an extension to its existing portfolio of tablets and gummies…
  • Coty Inc Expands Beauty Footprint with Strategic Investment and Key Appointments
    12 Dec 2023, indianretailer.com
    Coty Inc. has unveiled ambitious plans to accelerate the footprint of its Prestige and Consumer Beauty business segments in India. This ambition is supported by significant investment in India, including the appointment of industry leader Rizwan Mulla as Business Development Director, India, the introduction of a new team and office…
  • Top 10 Biggest Malls in India 2023: Shop Till You Drop!
    12 Dec 2023, indianretailer.com
    As you’re planning your next shopping spree, it’s a happy coincidence that India boasts some of the largest retail havens in the world. In 2023, you can elevate your retail therapy with a visit to the top 10 biggest shopping malls across the nation…
  • Lifestyle Licensing: A Strategic Move for CPG, Beauty & Home Decor Brands in the Pursuit of Growth
    12 Dec 2023, irecwire.com
    Through the experiences and insights shared by industry experts, it becomes evident that a well-executed licensing strategy can not only extend brand universes but also foster growth, build brand equity, and open doors to new markets…
  • KFC to acquire 218 franchised restaurants in UK, Ireland
    12 Dec 2023, restaurant.indianretailer.com
    KFC U.K. and Ireland has a strong track record of consistent growth that has continued this year, with system sales up 7% and same-store sales up 5% across its 1,040 restaurants…
  • Chowman Opens its Newest Outlet
    12 Dec 2023, restaurant.indianretailer.com
    The 34-seater outlet promises an unparalleled dining experience, combining culinary excellence with the vibrant ambiance of Koramangala…
  • Cafe Delhi Heights Launches a New Culinary Haven ‘Ikigai’
    12 Dec 2023, restaurant.indianretailer.com
    Rooted in the principles of holistic living, the menu focuses on five pillars: holistic living, best quality ingredients, sustainability, traditional techniques, and a harmonious blend of taste and health…
  • From Rustic to Modern: How This Hyderabad Restaurateur has Changed the Face of Dining in the City
    12 Dec 2023, restaurant.indianretailer.com
    Known as the city of ‘Nawabs’, the dining scene in Hyderabad has changed from ethic, traditional dining to new age restaurant and bar concepts…
  • Rooh by Shivani Unveils Ethical Elegance with the Peace Silk Collection
    12 Dec 2023, indianretailer.com
    Discover Rooh by Shivani’s latest marvel – the Peace Silk Collection, a testament to ethical and sustainable fashion. The collection’s unique selling proposition lies in its unwavering commitment to compassion, steering clear of conventional silk’s harm to silkworms…
  • Miraggio and Deme Forge Unprecedented Collab, Defining Modern Elegance
    12 Dec 2023, indianretailer.com
    Miraggio, the trailblazing accessories brand celebrating innovation, sophistication, and inclusivity, is thrilled to announce its first-of-its-kind collaboration with the resortwear powerhouse Deme by Gabriella…
  • Snitch Unveils Sukajan Collection, a Fusion of Tradition and Modernity
    12 Dec 2023, indianretailer.com
    The leading fast-fashion men’s apparel brand Snitch unveils its Sukajan collection on 8th December. In a world where tradition meets modernity, THE SUKAJAN COLLECTION redefines style with intricate designs and vibrant hues…
  • The Monk’s Visionary Blend of Tradition and Tech Brilliance
    12 Dec 2023, indianretailer.com
    The Monk Eyewear proudly introduces the Sherlock H eyewear collection, a stellar addition to their already remarkable inventory…
  • Domino’s Pizza Enhances Gourmet Pizza with Revamped Viva Roma Range
    12 Dec 2023, indianretailer.com
    Domino’s Pizza, India’s largest pizza chain, has revamped its delectable range of gourmet pizzas – Viva Roma. The new range of irresistible pizzas offers an indulging touch of gourmet and elevates the dining experience of the consumers…
  • Mia by Tanishq Joins Cultural Wave with Sarang Hearts Collection
    12 Dec 2023, indianretailer.com
    With millennials and Gen Z increasingly hooked on K-dramas and K-pop, there’s a lively wave of deep-rooted influence extending beyond fashion, beauty, and language, significantly shaping various facets of Indian cultural habits…
  • AQI lens zooms in on large real estate projects in Delhi
    11 Dec 2023, realty.economictimes.indiatimes.com
    A senior government official said the companies would have to send Google coordinates which will be examined by the ground staff of environment and other agencies from time to time…
  • Global toy retailer Toys ‘R’ Us to start manufacturing in India from next year
    11 Dec 2023, retail.economictimes.indiatimes.com
    The company has expedited the process of manufacture in India as the Bureau of Indian Standards (BIS) has mandated that all electric and non-electric toys bear the ISI mark, and toys without an ISI mark are not permitted to be sold in the country…
  • How ITC succeeded in pivoting from its traditional tobacco business to FMCG under Sanjiv Puri
    11 Dec 2023, retail.economictimes.indiatimes.com
    A look at ITC’s top line shows the revenue share of its tobacco business has nearly halved—from 62% in FY14 to 37% in FY23. This change can’t come about unless you understand the Indian consumer. Sanjiv Puri, chairman and managing director of ITC, is among the few executives who has a finger on their pulse. In an exclusive interaction with ET, Puri talks about how the FMCG behemoth came to be…
  • Coca-Cola India forays into the alcohol segment
    11 Dec 2023, retail.economictimes.indiatimes.com
    “Alcohol is a very big category and we have on purpose decided to experiment,” Coca-Cola global marketing chief Manolo Arroyo told ET in a recent interview. “We’re very clear what kind of beverages consumers are demanding. I call it fuel for the body and the mind.”..
  • India’s e-tailers seek to wring India’s festive mood further, more sales announced
    11 Dec 2023, retail.economictimes.indiatimes.com
    E-commerce platforms Myntra and Ajio are leveraging post-festival season demand with sales campaigns—’End Of Reason Sale’ and ‘Big Bold Sale’—offering discounted fashion products. Despite the official festival season’s end, companies continue offering discounts, some aligning with Black Friday and Cyber Monday. With weddings beginning in many parts of India, firms aim to sustain consumption momentum. ..
  • Big discounting makes a comeback with a bang in early end-of-season sale
    11 Dec 2023, retail.economictimes.indiatimes.com
    ​Some brands said the year-end online discounts in categories like apparel, electronics and mobile phones would be among the highest this year, next only to the festive season deals. Most of the apparel brands have already started offering hefty discounts on their seasonal line-up of winter wear in brick-and-mortar stores, which they usually do towards December-end, they said…
  • SP Apparels to buy Bannari Spinning Mills’ textile arm and garment unit
    11 Dec 2023, thehindubusinessline.com
    Bannari Amman Spinning Mills Ltd (BASML) has said that SP Apparels Ltd has evinced interest in buying its textile subsidiary, a garment factory, and Perundurai lands. The company is planning to utilise the funds from the proceeds to reduce it’s borrowings…
  • Global brands want to join India’s growth curve
    11 Dec 2023, retail.economictimes.indiatimes.com
    India attracts global consumer brands due to its young population and rising disposable income. Recent entrants include Brioni, Laderach, Nine West, Foot Locker, NARS Cosmetics, Pottery Barn Kids, Maje, and Sandro. Deloitte estimates India to become the third largest consumer market by 2030…
  • Sony confident for double-digit growth journey in India, helped by premiumisation
    11 Dec 2023, retail.economictimes.indiatimes.com
    The company’s premium television category comprising screen size of 55 inches and above along with audio products would be the “key growth drivers” for Sony India, as the trend of premium products has evolved in the country, Sony India Managing Director Sunil Nayyar said…
  • E-commerce Vs Traditional Retail: Striking the Balance in India’s Evolving Retail Landscape
    11 Dec 2023, indianretailer.com
    In the dynamic and ever-changing marketing environment of today, brands are consistently exploring inventive approaches to engage their target audience and establish lasting connections…
  • ACC Limited Forges Alliance with Gujarat Giants, Aims to Amplify Symbiosis of Biz and Sports
    11 Dec 2023, indianretailer.com
    ACC Limited, the eminent cement and building material company under Adani Cement, has unveiled a strategic collaboration with the revered Pro Kabaddi League team – ‘Gujarat Giants’, solidifying a noteworthy connection between commerce and sports in the Indian landscape…
  • Isharya Elevates Indian Retail Jewelry Scene with Modern Maharani VI’s Timeless Craftsmanship
    11 Dec 2023, indianretailer.com
    Isharya, a pioneering force in contemporary jewelry, introduces the eagerly awaited sixth edition of its cherished Modern Maharani collection. Tailored for joyous occasions, the Modern Maharani VI transcends traditional boundaries, offering jeweled companions that promise enduring memories…
  • ABFRL enters into JV with luxury designer Christian Louboutin
    09 Dec 2023, retail.economictimes.indiatimes.com
    “This partnership reflects our commitment to offering our discerning customers the very best in elegance and style. It also exemplifies our ambition to develop and shape the future of the luxury market in India,” commented Ashish Dikshit, MD, Aditya Birla Fashion and Retail…
  • IPO-bound Swiggy appoints former Diageo India CEO Anand Kripalu as chairman of the board
    09 Dec 2023, retail.economictimes.indiatimes.com
    Kripalu, a graduate from IIM Calcutta and the CEO of packaging manufacturing company EPL, is a FMCG veteran. He was also the president for India and Southeast Asia at chocolate maker Mondelez. The board appointment comes at a time when Swiggy is said to be preparing for an initial public offering in 2024…
  • KFC reaches 1,000 stores in India; to add a lakh jobs
    09 Dec 2023, retail.economictimes.indiatimes.com
    Yum Restaurants in India are operated by three franchisees – Devyani International Limited and Sapphire Foods which operate KFC and Pizza Hut, and Burman Hospitality which operates Taco Bell. KFC, which debuted in India in 1995, said it will add over a lakh jobs across the country…
  • D2C women’s wear brand Uptownie eyes 2x growth, offline expansion
    09 Dec 2023, retail.economictimes.indiatimes.com
    To aid the offline expansion plans, the brand is planning to raise Rs 25 crore at a valuation of Rs 250 crore and will be diluting 10 per cent of its equity…
  • E-commerce cos announce winter sales
    09 Dec 2023, retail.economictimes.indiatimes.com
    Ajio and Myntra are set to conduct their winter sales from 7th and 9th December, 2023, respectively…
  • Zepto claims 2nd spot in monthly active customers, surpasses JioMart
    09 Dec 2023, business-standard.com
    The Bengaluru-based quick-commerce application (app) Zepto is making big strides. According to Sensor Tower data, it surpassed JioMart in November, securing the second position among grocery apps in terms of monthly usage…
  • Fashion startup Newme launches first store in Mumbai
    09 Dec 2023, retail.economictimes.indiatimes.com
    “As we continue to grow, we are excited about the journey ahead, expanding our retail presence to over 12 stores across India in the next year and connecting with even more fashion-forward individuals across the country,” said Sumit Jasoria, co-founder and CEO, Newme…
  • Zara expands second-hand platform to 14 European countries
    09 Dec 2023, retail.economictimes.indiatimes.com
    The service called ‘Pre-Owned’ is already available in the United Kingdom and France through Zara’s stores, its website and a mobile app. It will now launch in Spain, Germany, Austria, Belgium, Croatia, Slovakia, Slovenia, Finland, Greece, Ireland, Italy, Luxembourg, Netherlands and Portugal…
  • McDonald’s plans to add about 10,000 new stores by 2027, double loyalty program sales
    09 Dec 2023, retail.economictimes.indiatimes.com
    The expansion plans it laid out would take its restaurant count to about 50,000 in over 100 countries and mark the fastest period of growth in the company’s history, McDonald’s said ahead of its investor day…
  • Walmart top executives say difficult to predict consumer behavior next year
    09 Dec 2023, retail.economictimes.indiatimes.com
    The retail bellwether saw “anomalous type of behavior” from customers which “made us sit up in our chair” about the health of the consumer and what the purchasing behavior was, Chief Financial Officer John David Rainey said at the Morgan Stanley Global Consumer & Retail Conference…
  • Domestic electronics manufacturing up four-fold to Rs 8.22 lakh crore in FY23: MoS IT
    09 Dec 2023, retail.economictimes.indiatimes.com
    “In FY 2013-14 the electronics manufacturing was Rs 1,80,454 crore ($29.8 billion) and has grown significantly to Rs 8,22,350 crore ($102 billion)in FY 2022-23, which is further expected to grow up to Rs 23,95,195 crore ($ 300 billion) by 2026,” the minister said…
  • Tata plans new iPhone factory to hasten Apple’s India expansion
    09 Dec 2023, retail.economictimes.indiatimes.com
    Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter. The facility will likely have about 20 assembly lines and employ 50,000 workers within two years, according to the people, who declined to be named discussing unannounced plans. The goal is for the site to be operational in 12 to 18 months…
  • ITC beats Adani, Britannia & Parle to become largest FMCG co in food space
    09 Dec 2023, retail.economictimes.indiatimes.com
    ITC clocked food FMCG sales of ₹17,100 crore in the period, while Britannia was at ₹16,700 crore, Adani Wilmar at ₹15,900 crore, Parle Products at ₹14,800 crore, Mondelez at ₹13,800 crore and Hindustan Unilever Ltd (HUL) at ₹12,200 crore, NielsenIQ data showed…
  • Duroflex appoints Sridhar Balakrishnan as group CEO
    09 Dec 2023, retail.economictimes.indiatimes.com
    In his new role, Balakrishnan will lead the company’s management and growth strategies of both in-house brands under Duroflex Group – Duroflex and Sleepyhead, according to the release…
  • Zomato, Swiggy seek a route to reach bottom of the pyramid
    09 Dec 2023, retail.economictimes.indiatimes.com
    Bengaluru-based Swiggy has launched a pilot called ‘Pockethero’ in about 15 cities in late November that will mainly target students and freshers looking for more affordable food delivery options. The platform has tied up with specific restaurants to offer higher discounts and free deliveries to onboard new customers…
  • Levi’s CEO Chip Bergh to step down in January, handing over leadership to former CEO of Kohl’s
    09 Dec 2023, retail.economictimes.indiatimes.com
    Chip Bergh, 66, will cede the CEO job to Michelle Gass, 55, who left her CEO role at Kohl’s to become president of Levi’s in January of this year…
  • HUL’s volume growth may remain tepid in Q3: Nomura
    09 Dec 2023, financialexpress.com
    Hindustan Unilever (HUL), the country’s largest consumer goods company, may see a muted volume growth in the October-December period, as festive demand remained weak, brokerage Nomura said on Thursday…
  • Health snack brand Epigamia elevates COO Rahul Jain to CEO
    09 Dec 2023, retail.economictimes.indiatimes.com
    Epigamia, a Mumbai-based health snack brand, appoints Rahul Jain as CEO, succeeding Rohan Mirchandani who becomes executive chairman. Ankur Goel is promoted to COO. Jain, an IIT-Bombay and ISB-Hyderabad alum, spearheads business strategy, focusing on FMCG innovation and competitiveness…
  • BIA Brands acquires skincare startup TrueKind
    09 Dec 2023, retail.economictimes.indiatimes.com
    “The acquisition of TrueKind is a key step in BIA Brands’ journey towards diversifying our offerings and venturing into the Beauty and Personal Care space. It embodies our goal to enhance our global reach and introduce innovative products,” said Sudhakar Adapa, founder, BIA Brands…
  • Brigade Group to jointly develop two lakh sq ft office space in Bengaluru
    09 Dec 2023, realty.economictimes.indiatimes.com
    The project will have a developable area of around 0.20 million sq ft with a gross development value (GDV) of about Rs 500 crore…
  • Listed REITs have failed to sparkle
    09 Dec 2023, realty.economictimes.indiatimes.com
    Prices of the listed REITs have mostly fallen so far this year, but investment advisors see better prospects for this asset class in 2024 if the government eases occupancy rules in special economic zones (SEZs)…
  • Top 12 best Shopping Malls in Delhi NCR
    09 Dec 2023, businessoutreach.in
    Delhi’s dynamic open markets, upscale designer boutiques, and esteemed state emporiums have consistently been recognized for providing an exceptional shopping experience…
  • Cult.sport Expands Beyond Online Realm, Opens Bengaluru Store
    09 Dec 2023, indianretailer.com
    Cult.sport, the leading destination for sports apparel, equipment, and supplements in India, celebrates the inauguration of its offline store in Bengaluru, a pivotal move in the brand’s expansion journey…
  • Newme Debuts in Mumbai with Flagship Store at Infiniti Mall
    09 Dec 2023, indianretailer.com
    Newme, the pioneering Gen Z-focused fashion-tech startup, has entered the dynamic Mumbai market with the opening of its first flagship store at Infiniti Mall, Malad…
  • Why There Is No Disneyland in India? Top 5 Alternatives to Look for in 2024
    09 Dec 2023, indianretailer.com
    As they say, ‘All that glitters is not gold,’ and while you might dream of a Disneyland in India, the reality is quite different. You’re probably wondering why the magic of Disney hasn’t found its way to the subcontinent…
  • Jagat Pharma Expands Product Portfolio, Aims to Elevate Ayurvedic Well-Being
    09 Dec 2023, indianretailer.com
    Jagat Pharma has unveiled its latest offering, Pure Himalayan Shilajit Capsules, emphasizing a commitment to holistic health and wellness. These capsules integrate ancient Ayurvedic wisdom to enhance stamina and overall well-being in a convenient format…
  • DAAWAT by LT Foods Earns ‘Top Brand’ Recognition in Australian Dry Rice Ratings
    09 Dec 2023, indianretailer.com
    LT Foods, a venerable Indian-origin FMCG company with a 70-year legacy in the consumer food space, proudly announces that its flagship brand, DAAWAT, has been recognized as the ‘Top Brand’ in Canstar Blue’s latest dry rice ratings in Australia…
  • Explore ‘The Rajwadi Roshni Collection’ at Fulchand Gulabchand Jewellers
    09 Dec 2023, indianretailer.com
    Fulchand Gulabchand Jewellers introduces their latest wedding collection, ‘The Rajwadi Roshni Collection,’ seamlessly blending timeless elegance with modern aesthetics inspired by India’s cultural opulence…
  • Nysh.in Debuts Advanced BlueHeat Pain Relief Patches for Targeted Discomfort Relief
    09 Dec 2023, indianretailer.com
    Nysh.in, a distinguished provider of effective pain relief solutions in India, has proudly introduced its latest product – BlueHeat Pain Relief Patches for Neck and Shoulder…
  • Clensta Enlists JM Financial to Navigate Expansion Plans in Retail and Beyond
    09 Dec 2023, indianretailer.com
    Personal care brand Clensta, supported by Parineeti Chopra, has appointed JM Financial, a prominent investment banking firm in India, to serve as its investment banker to propel its expansion initiatives…
  • Top 10 Best Ladies Watch Brands in India
    09 Dec 2023, indianretailer.com
    Are you on the search for a timepiece that’s as stylish as it is functional? India offers a diverse range of ladies’ watch brands to suit your taste and budget…
  • Top 10 Best Shoe Brands in India
    09 Dec 2023, indianretailer.com
    Shoes are not just a necessity; they are a statement of style and comfort. In India, the footwear industry has witnessed remarkable growth, with several brands offering a diverse range of shoes to cater to the diverse preferences of consumers..
  • Top 10 Brands Like Decathlon In India
    09 Dec 2023, retail.economictimes.indiatimes.com
    India’s retail landscape has witnessed a remarkable transformation in recent years, with an influx of international and domestic brands catering to the diverse needs of consumers…
  • 10 Best Cigarette Brands in India to Know in 2023
    09 Dec 2023, indianretailer.com
    In the swirling smoke of India’s bustling streets, you’ll find a mosaic of cigarette brands vying for your attention. As you navigate the complex world of tobacco, it’s crucial to know the key players in the market…
  • BIA Brands Ventures into Skincare with TrueKind Acquisition
    09 Dec 2023, indianretailer.com
    BIA Brands has strategically acquired TrueKind, a trailblazer in clean, conscious, and high-performance skincare, signaling BIA Brands’ foray into the skincare sector and expanding its footprint in the Beauty and Personal Care (BPC) market in India…
  • Davangere-Based Phases Raises Rs 30 Lakhs in Angel Funding
    09 Dec 2023, indianretailer.com
    In a significant stride for Davangere, Karnataka, Phases, a natural skincare startup, secured angel funding of Rs 30 Lakhs, representing a 20 percent equity dilution, from Aparna Thyagarajan, Co-Founder of Shobitam, Inc…
  • Navigating the Dynamic Landscape of Kids’ Digital Entertainment Industry in India
    09 Dec 2023, indianretailer.com
    In the heart of the ever-evolving digital landscape, the Kids’ Digital Entertainment Market stands as a dynamic realm, where creativity, technology, and imagination converge to shape the narratives that captivate young minds. A recent panel discussion, featuring industry leaders, delved into the nuances of this fascinating journey, shedding light on cross-media franchises, interactive storytelling, and the transformative impact of technology…
  • Zippo’s Stylish Presence in Indian Retail Amid Transitions
    09 Dec 2023, irecwire.com
    Zippo has been making waves in the Indian market, albeit discreetly. Lucas Johnson, Associate Vice President, Zippo Global Marketing sheds light on the company’s recent endeavors…
  • Curefoods Joins Rajasthan Royals as Official Partner
    09 Dec 2023, restaurant.indianretailer.com
    Rajasthan Royals and Curefoods will team up for various ventures, encompassing unique digital content, engaging fan interactions, and health-focused campaigns…
  • Anand Kripalu Joins Swiggy Board as Independent Director and Chairperson
    09 Dec 2023, restaurant.indianretailer.com
    Anand Kripalu’s extensive experience in consumer goods will play a crucial role in steering Swiggy’s innovation and evolution within India’s on-demand delivery sector. ..
  • Cygnett Hotels & Resorts Unveils New Property in Ayodhya, UP
    09 Dec 2023, restaurant.indianretailer.com
    The hotel offers the Summit Columbia Banquet Hall for both social and corporate gatherings with contemporary architecture alongside top-tier amenities and service…
  • ISPL Launches India’s First Premium RTD Shots ‘Swigger’
    09 Dec 2023, restaurant.indianretailer.com
    The brand’s future direction involves venturing into ethnic bars, cookies, cupcakes, and ultimately, single serve mithai sachets…
  • From Tokyo to Mumbai: How Maestro Chef Koji Sagawa is Crafting Japanese Culinary Alchemy
    09 Dec 2023, restaurant.indianretailer.com
    Boasting an impressive 39-year career as a sushi chef, Chef Koji Sagawa, honored as Dubai’s Japanese Michelin chef in 2022, stands out as one of Japan’s top sushi chefs…
  • ISPLThe Fern Hotels and Resorts Expands Presence with The Fern Residency, Ajmer
    09 Dec 2023, indianretailer.com
    The Fern Hotels and Resorts have unveiled their latest property, The Fern Residency, Ajmer, marking their 14th establishment in the culturally rich state of Rajasthan, India…
  • Provenance Unveils Gourmet Gift Boutique and Café at Ligne Roset in Mumbai
    09 Dec 2023, indianretailer.com
    Just as the festive spirit embraces Christmas and the New Year, Provenance has opened its gourmet gift boutique and café at Ligne Roset, the esteemed French home décor store in Prabhadevi, Mumbai…
  • AJIO Expects 40 pc Growth in Orders During Sale Days
    09 Dec 2023, indianretailer.com
    India’s premier fashion e-tailer, AJIO, has revealed its flagship event, the ‘Big Bold Sale,’ powered by Adidas and co-powered by Superdry, set to kick off on December 7, 2023…
  • Navigating the Dynamic Landscape of Kids’ Digital Entertainment Industry in India
    09 Dec 2023, indianretailer.com
    In the heart of the ever-evolving digital landscape, the Kids’ Digital Entertainment Market stands as a dynamic realm, where creativity, technology, and imagination converge to shape the narratives that captivate young minds…
  • REAL ESTATE SECTOR WELCOMES RBI’S REPO RATE STANCE
    09 Dec 2023, rprealtyplus.com
    After the The Reserve Bank of India’s MPC declared repo rates unchanged at 6.5 percent, industry experts expressed their thoughts on the same by some welcoming the move while some also talking about its negative part…
  • Domino’s gaining share from local rivals, says CEO Russell Weiner
    09 Dec 2023, retail.economictimes.indiatimes.com
    “A large, fragmented category offers significant growth opportunity,” Russell said in a presentation during the company’s Global Investor Day on Thursday…
  • Bravado’s Artisan Men’s Grooming Takes Center Stage at Cosmoprof India 2023
    09 Dec 2023, indianretailer.com
    In a market saturated with men’s grooming products, Bravado, a daring artisan luxury brand, is rewriting the narrative by prioritizing ‘impressing yourself.’..
  • ISEndefo Elevates Tech Style with NEO PRO
    09 Dec 2023, indianretailer.com
    Dubai-based electronics and lifestyle brand, Endefo, introduces two cutting-edge smartwatches, Enfit NEO and Enfit NEO PRO, into the Indian retail market…
  • ISPLU&i’s Boom Box Series Emerges as a Game-Changer in Indian Market
    09 Dec 2023, indianretailer.com
    U&i, India’s premier brand in gadgets, accessories, and consumer electronics, has unveiled its latest offering with the launch of the Boom Box Series wireless speaker…
  • Lemon Lilt Redefines Urban Fashion Landscape with Debut Collection
    09 Dec 2023, indianretailer.com
    Lemon Lilt, a distinguished streetwear label founded by two best friends sharing a passion for quality streetwear, has unveiled its inaugural collection, presenting a fresh perspective on urban fashion in India…
  • Parra Debuts in Delhi as a Khubani Family Venture
    09 Dec 2023, restaurant.indianretailer.com
    The Madan brothers plan to expand the venture in 2024, aiming to open ten new locations including boutique resorts and hotels…
  • Fairmont Jaipur Names Shahnaaz Anjum as Director of F&B
    09 Dec 2023, restaurant.indianretailer.com
    Shahnaaz possesses a demonstrated history of excelling in the management of bustling restaurants and comprehensive oversight of catering operations, encompassing event planning, menu development, and supervision of culinary preparations…
  • Cakes by Flower Aura Teams Up with Swiggy & Zomato
    09 Dec 2023, restaurant.indianretailer.com
    The partnership between Flower Aura and these platforms is geared towards making their diverse range of cakes more accessible to customers, aiming to improve convenience and reach…
  • Curefoods Joins Rajasthan Royals as Official Partner
    09 Dec 2023, restaurant.indianretailer.com
    Rajasthan Royals and Curefoods will team up for various ventures, encompassing unique digital content, engaging fan interactions, and health-focused campaigns..
  • Pebble and Pepe Jeans Blend Fashion and Technology with Limited Edition Smartwatch
    09 Dec 2023, indianretailer.com
    In a harmonious convergence of fashion and technology, Pebble, India’s fastest-growing smartwatch brand, has collaborated with Pepe Jeans London to unveil a special edition Bluetooth Calling smartwatch…
  • Sara Ali Khan Joins Forces with Iconic Denim Brand Lee in India as Brand Ambassador
    09 Dec 2023, indianretailer.com
    Iconic denim brand Lee has officially announced Sara Ali Khan as its brand ambassador in India, coinciding with the launch of their new brand campaign titled “Lee: Home of the Real Denim.”..
  • Oberoi Realty completes acquisition of 6.4 acres land in Thane for Rs 196 crore
    06 Dec 2023, realty.economictimes.indiatimes.com
    In May 2023, the company had entered into a memorandum of understanding with NRB Bearings (NRB) for acquiring the lands located at Pokhran Road 2, Thane, Maharashtra, together with structures thereon…
  • Wipro Consumer Care acquires three soap brands from VVF Ltd
    06 Dec 2023, retail.economictimes.indiatimes.com
    Wipro Consumer Care and Lighting (WCCL) has acquired three soap brands – Jo, Doy, and Bacter Shield – from VVF Limited, marking its third acquisition in the past year. The acquisition is part of Wipro’s strategy to expand into new sub-segments within the Rs28000 crore soap market. Jo toilet soap has a significant market share in north, east, and west markets, while Doy operates in the premium segment, competing against Dove and Pears…
  • India fastest growing market for Skechers: CFO John Vandemore
    06 Dec 2023, retail.economictimes.indiatimes.com
    Declining to share the investment made to set up the facility, Vandemore said, “We don’t give specifics around investments however, this is one of the many investments we have made in the Indian market. We believe India can be one of our top markets globally…It is already our fastest growing.”..
  • P&G to record up to $2.5 bln in Gillette writedown, operations rejig
    06 Dec 2023, retail.economictimes.indiatimes.com
    The company expected its Gillette business to grow in the range of 5%, Chief Financial Officer Andre Schulten said at a Morgan Stanley conference on Tuesday, in line with growth over the last three years…
  • Government to set up subsidised staple food stores at Delhi Metro Stations
    06 Dec 2023, retail.economictimes.indiatimes.com
    The first store will be opened at Central Delhi’s Rajiv Chowk metro station, to tap into the high footfall it receives. It will be owned and operated by National Cooperative Consumers’ Federation of India Ltd (NCCF) – an organisation that procures agricultural commodities like food grains, pulses, spices, oil seeds, pharmaceutical items and other consumer goods on behalf of the government and sells to consumers at reasonable rates…
  • Pre-Diwali orders still on shelves, kiranas cut back on fresh orders with FMCG companies
    06 Dec 2023, retail.economictimes.indiatimes.com
    FMCG companies had indicated that consistent decline in rural markets had halted in the September quarter but deficient rains, followed by a spike in food prices affected the second part of the quarter. Sales in villages fell 9.6% year-on-year in November, more than the 3.5% decline in cities, said Bizom, which expects rural consumption rebound to take slightly longer…
  • Surging gold prompts Indians to recycle jewelry for weddings
    06 Dec 2023, retail.economictimes.indiatimes.com
    Surging gold prices in India are leading some individuals to exchange their gold jewelry for new pieces, particularly during the wedding season. Higher prices are driving more Indians to reuse their gold, and while consumers are purchasing for weddings, overall demand is relatively subdued. Gold prices in India have reached around Rs 60,000 for 10 grams…
  • India to be third-largest economy by 2030: S&P Global Ratings
    06 Dec 2023, retail.economictimes.indiatimes.com
    S&P Global Ratings forecasts India as the third-largest economy by 2030, emphasizing the nation’s critical transition to a manufacturing hub. To achieve this, S&P stresses the need for a robust logistics framework, highlighting the importance of upskilling the workforce and boosting female labor force participation for harnessing India’s labor market potential…
  • Hybon Elevators’ Strategic Expansion Unveils Experience Center in Chandigarh
    06 Dec 2023, indianretailer.com
    Hybon Elevators and Escalators proudly announce the inauguration of its Experience Center in Chandigarh, strategically positioned in the thriving tri-city area of Chandigarh, Mohali, and Zirakpur…
  • Stovekraft Marks North India Entry with Pigeon Brand Outlet in Delhi
    06 Dec 2023, indianretailer.com
    In a strategic move to cater to the surging demand for enhanced in-store shopping experiences, Stovekraft Limited, renowned for innovative Cookware, Kitchenware Appliances, and Consumer Lighting, inaugurates its premier exclusive Pigeon Brand Outlet in Mayur Vihar, New Delhi…
  • Flyrobe Expands Offline Presence with Fashion Rental Store in Surat
    06 Dec 2023, indianretailer.com
    India’s leading fashion rental service, Flyrobe, takes a bold step in its commitment to revolutionize the fashion landscape by inaugurating an offline store in Surat…
  • Jaipur Watch Company Expands Horological Haven with Third Store at Pune’s Kopa Mall
    06 Dec 2023, indianretailer.com
    Jaipur Watch Company, featured on Shark Tank India and revered among watch enthusiasts, reached new milestones under the guidance of horologist Gaurav Mehta…
  • Paytm Aims to Onboard 10 Million Merchants on ONDC Platform by 2025
    06 Dec 2023, indianretailer.com
    One97 Communications, the parent company of digital payment giant Paytm, is gearing up to bring 10 million merchants onto the Open Network for Digital Commerce (ONDC) platform by the end of 2025…
  • ETUDE’s Symphony: A Harmonious Journey through India’s Retail Landscape
    06 Dec 2023, indianretailer.com
    Established in 1985, ETUDE is the leading K-Beauty makeup brand renowned for its adorable and girly charm. Dedicated to fulfilling women’s dreams of beautiful transformations akin to a princess, ETUDE embarked on its international journey in 2007, debuting in Thailand…
  • Saya Group Soars to New Heights with Rs 4,000 cr Initiative
    06 Dec 2023, indianretailer.com
    Saya Group, a prominent real estate developer, reveals its ambitious vision to achieve a noteworthy development valued at Rs 4,000 crore over the next three years…
  • Factor Notes Sets the Tone for Serenity with 2024 Wellness Planners
    06 Dec 2023, indianretailer.com
    Factor Notes, the homegrown direct-to-consumer (D2C) brand, is delighted to introduce its highly awaited premium curated planners for 2024. Rooted in the essence of curated premium planners, these artistic creations are meticulously designed to evoke serenity and sanguinity, prioritizing mental health and emotional well-being…
  • Archies Elevates Gifting Experience with Same-Day Delivery Launch in Delhi NCR
    06 Dec 2023, indianretailer.com
    Archies, a stalwart in the Indian retail and gifting sector for over four decades, announces the introduction of same-day delivery services in Delhi NCR…
  • HUEMN Expands Horizons through Collaborative Perfumery Venture with Olfa Originals
    06 Dec 2023, indianretailer.com
    For over a decade, fearlessness and enthusiasm have been guiding principles at HUEMN, propelling the growth of the team, skills, and community…
  • ISPL Launches India’s First Premium RTD Shots ‘Swigger’
    06 Dec 2023, restaurant.indianretailer.com
    The Gin-based RTD shots feature distillation incorporating Elderflower & Berries and Pink Grapefruit & Lime, while the Vodka-based options include Mandarin and Lime, Lychee, and Cinnamon…
  • Vishwajeet Singh Promoted to Director of Sales & Marketing at Le Meridien, Gurgaon
    06 Dec 2023, restaurant.indianretailer.com
    Le Meridien Gurgaon, Delhi NCR announced the promotion of Vishwajeet Singh to the role of Director of Sales and Marketing…
  • Peepal’s IFC M3M Unveiled Gurugram Venture
    06 Dec 2023, restaurant.indianretailer.com
    Peepal at IFC M3M Gurugram presents an inventive theme which is fusing peepal with cocktails…
  • Harshad Nalawade Appointed as General Manager at DoubleTree Goa Panaji
    06 Dec 2023, restaurant.indianretailer.com
    Mr. Nalawade leadership, particularly in food and beverage services and hotel operations has made a lasting impact across diverse brands and locations…
  • Barista Coffee Unveils Winter Beverages Menu
    06 Dec 2023, restaurant.indianretailer.com
    The brand has over 390 outlets in both India and Sri Lanka, spanning across 120 cities. Barista Coffee Company Limited unveils its winter special menu. The winter drink collection harmonizes warming flavours that signifies the essence of the season…
  • Jubilant FoodWorks Achieves India’s First ‘No Antibiotics Ever’ in Poultry Sourcing
    06 Dec 2023, restaurant.indianretailer.com
    In order to reach the “No Antibiotics Ever”, the company has established a rigorous Surveillance and Oversight System that extends across farms, slaughterhouses, and processing facilities…
  • DENNISON Sets the Night Ablaze with the Launch of ‘Club Wear Collection’
    06 Dec 2023, indianretailer.com
    DENNISON, a pioneering force in the fashion industry, is thrilled to announce the launch of its latest and most dynamic collection to date—the “Club Wear Collection.”…
  • Dhruv Kapoor Introduces Exclusive, Affordable Collection on AJIO
    06 Dec 2023, indianretailer.com
    Renowned global designer label Dhruv Kapoor has unveiled a budget-friendly collection available exclusively on AJIO. This partnership introduces sought-after designer wear to AJIO’s customers at unprecedented industry prices…
  • COLLIERS APPOINTS DR. PRAFULLA AGARWAL AS MD – CLIENT STRATEGIC SOLUTIONS
    05 Dec 2023, rprealtyplus.com
    Diversified real estate professional services firm, Colliers, has appointed industry veteran, Dr. Prafulla Agarwal, as the Managing Director, Client Strategic Solutions…
  • Brigade Enterprises to jointly develop four acres project in Mysuru
    05 Dec 2023, realty.economictimes.indiatimes.com
    The developable area of the project will be about 0.40 million sq ft with a gross development value (GDV) of Rs 300 crore. Brigade Group recently launched a residential project – Brigade Sanctuary, spread across 14 acres in Bengaluru…
  • Bahri Hospitality and Cuisines to open 30 outlets of Délifrance over next 5 years
    05 Dec 2023, retail.economictimes.indiatimes.com
    Apart from this, Bahri Hospitality and Cuisines Pvt Ltd, which has bagged the master franchise rights of Délifrance, a 100-year-old French bakery, has also invested Rs 9.5 crore to open the production unit in Delhi spread across 8,000 sq.ft area…
  • BookMyShow turns profitable; FY23 operating revenue nears Rs 1,000 crore
    05 Dec 2023, retail.economictimes.indiatimes.com
    In FY23, the company posted a profit of Rs 85.72 crore, turning around from the Rs 92.2-crore loss incurred in the previous fiscal year…
  • Cultsport bets on offline play, category expansion
    05 Dec 2023, retail.economictimes.indiatimes.com
    The company recently opened its first store in Bengaluru. Cultsports which started selling online in 2019 on the Cult application, expanded its presence across key marketplaces such as Myntra, Flipkart, and Amazon. It also went omnichannel by selling in multi-brand outlets offline…
  • Diageo expands its tequila portfolio in India, introduces Don Julio
    05 Dec 2023, retail.economictimes.indiatimes.com
    ​The company is planning to launch the entire portfolio of Don Julio in India. Don Julio Blanco and Don Julio Reposado are already available across Haryana, Chandigarh, Maharashtra, and Goa, while Anejo and 1942 will be available from December 18 onwards…
  • Paytm planning deeper push for ONDC, targets 10 million merchants: CEO Vijay Shekhar Sharma
    05 Dec 2023, retail.economictimes.indiatimes.com
    ONDC’s chief business officer Shireesh Joshi told ET that the network was recording over 1 lakh transactions regularly per day…
  • Bath & Body Works partners with Shoppers Stop, expanding in India
    05 Dec 2023, retail.economictimes.indiatimes.com
    Shoppers Stop will be home to the Bath & Body Works first shop-in-shop at the City Centre Mall in Salt Lake, Kolkata. This strategic move aligns seamlessly with Apparel Group’s vision for Bath & Body Works’ growth in India through the shop-in-shop format, to introduce the brand to a new and vibrant market…
  • ‘Lovin’ it’: McDonald’s raises China bet, bucking Western firms’ derisking trend
    05 Dec 2023, retail.economictimes.indiatimes.com
    McDonald’s has used funds from the Carlyle investment to double its restaurant count since 2017 to 5,500, and the country has become its second-largest market. The business aims to have more than 10,000 stores in China by 2028. Competitors of McDonald’s are also expanding their reach in China…
  • Restaurants in Vizag serve stale food items at discount
    05 Dec 2023, retail.economictimes.indiatimes.com
    he officials observed that the restaurants are selling stored (stale) food by offering discounts ranging from 30 to 40 per cent. A majority of the stored food products (chicken, mutton, fish and prawn) are being sold as food parcels during the night hours, instead of being served at the restaurants…
  • Jaipur Watch Company Expands Horological Haven with Third Store at Pune’s Kopa Mall
    05 Dec 2023, indianretailer.com
    Jaipur Watch Company, featured on Shark Tank India and revered among watch enthusiasts, reached new milestones under the guidance of horologist Gaurav Mehta…
  • Apparel Group and Shoppers Stop Join Forces to Introduce Bath and Body Works
    05 Dec 2023, indianretailer.com
    In a noteworthy development within India’s retail landscape, global fashion and lifestyle conglomerate, Apparel Group, exclusively collaborates with Shoppers Stop to usher in one of America’s top fragrance brands, Bath and Body Works, into the Indian market…
  • Diviana’s Fusion of Italian Elegance and Indian Craftsmanship in Luxury Furniture
    05 Dec 2023, indianretailer.com
    In the heart of India’s bustling retail landscape, Diviana, the brainchild of Kapil Chopra since 2009, has carved a niche for itself in the ultra-luxury interior space within the NCR…
  • Caprese Sets Trends with AI-Driven Innovation and Premieres Chic Monogram Collection
    05 Dec 2023, indianretailer.com
    In the dynamic landscape of the fashion industry, Caprese, a leading name in luxury handbags in India, continues to stay ahead by integrating AI-generated images into its communication strategy…
  • GNC Teams Up with Pawan Sehrawat to Boost Indian Kabaddi
    05 Dec 2023, indianretailer.com
    In a unique venture within India’s retail landscape, GNC, synonymous with the ethos of “Live well,” announces its collaboration with Pawan Sehrawat, a prominent figure in the Pro-Kabaddi League…
  • ONDC, Google Cloud, and Industry Leaders Unveil ‘Build for Bharat’ to Foster Digital Commerce
    05 Dec 2023, indianretailer.com
    The Open Network for Digital Commerce (ONDC), in collaboration with Google Cloud India, Antler in India, Paytm, Protean, and Startup India, announces the ‘Build for Bharat’ initiative…
  • Blaupunkt’s PS30 Pro Elevates the Audio Experience with Innovation
    05 Dec 2023, indianretailer.com
    In a recent debut within the Indian retail landscape, Blaupunkt, the esteemed German audio brand, introduces its latest creation – the PS30 Pro, a portable speaker designed to transform every gathering into an electrifying event…
  • Dhruv Kapoor Ventures into Affordable Fashion Sector via Ajio
    05 Dec 2023, indianretailer.com
    In a notable move within India’s retail sphere, globally acclaimed designer label Dhruv Kapoor has unveiled an affordable collection exclusively on AJIO…
  • MTR Foods’ Culinary Triumph
    05 Dec 2023, irecwire.com
    Spices and mixes category stands as the behemoth of MTR’s product portfolio, contributing a substantial 55 percent to its overall revenue…
  • Jubilant FoodWorks Achieves India’s First ‘No Antibiotics Ever’ in Poultry Sourcing
    05 Dec 2023, restaurant.indianretailer.com
    In order to reach the “No Antibiotics Ever”, the company has established a rigorous Surveillance and Oversight System that extends across farms, slaughterhouses, and processing facilities…
  • Mumbai Gets Godfather Era Bar ‘Larrikin’
    05 Dec 2023, restaurant.indianretailer.com
    The food menu at LARRIKIN draws inspiration from European cuisine and features imported prime-cut meats. Chef Dil Gurung has curated a delectable blend of dishes which are meticulously prepared to satisfy the most discerning palate…
  • Scuzo Ice ‘O’ Magic Appointed R.P. Mishra as CEO
    05 Dec 2023, restaurant.indianretailer.com
    Scuzo Ice ‘O’ Magic believes that Mr. R.P. Mishra’s leadership will be instrumental in guiding the company toward sustained success and realizing its expansion objectives…
  • SPOYL Partners with Netflix to Unleash Nostalgic ‘The Archies’ Merchandise in India
    05 Dec 2023, indianretailer.com
    In a pioneering move that fuses fashion and entertainment, SPOYL, the go-to fashion destination for Gen Z on Flipkart, is set to launch the official merchandise for Zoya Akhtar’s upcoming 1960s Netflix film, ‘The Archies.’…
  • Bengal Warriors Gear Up for Pro Kabaddi League 10 with Stellar Brand Lineup
    05 Dec 2023, indianretailer.com
    As the much-anticipated 10th season of the Pro Kabaddi League approaches, the Bengal Warriors, a founding team in the competition, intensify their preparations under the guidance of legendary coach K. Baskaran…
  • HRX Cafe Launches to Redefine Healthy Eating Across Mumbai’s Retail Landscape
    05 Dec 2023, indianretailer.com
    In a strategic move within India’s bustling retail landscape, EatFit, India’s largest healthy food platform under Curefoods, and HRX, the country’s premier homegrown fitness brand founded by Hrithik Roshan and Exceed Entertainment, proudly introduces the HRX Cafe…
  • Pepe Jeans aims Rs 2,000 cr sales in the next 3 years, to add over 100 stores
    04 Dec 2023, retail.economictimes.indiatimes.com
    Currently, the top eight cities contribute to around 58 per cent of the Pepe Jeans business and the rest 42 per cent comes from tier II and below markets. In the premium denim space, Pepe Jeans London is the second leading brand in the segment. The premium denim space is led by US-based jeans manufacturing brand Levi’s…
  • Wipro Consumer Care Ventures launches second fund with Rs 250 cr-corpus
    04 Dec 2023, retail.economictimes.indiatimes.com
    Wipro Consumer Care – Ventures has launched a second fund with a corpus of Rs 250 crore, focusing on investing in consumer startups in India and Southeast Asia. The fund, launched four years ago with a corpus of Rs 200 crore, has made 10 investments so far. The fund has made part exits from two of its investments and has achieved a 10x increase in a short period. ..
  • Sony India’s net profit jumps 31% as buyers lap up premium products
    04 Dec 2023, retail.economictimes.indiatimes.com
    As per the company’s latest regulatory filings to the Registrar of Companies (RoC), Sony India revenue expanded 23% to ‘6,353 crore in the year under review, reaching pre-pandemic FY19 levels, while net profit went up by 31% to ‘136 crore…
  • Russian beverage & aluminium majors eye JVs under Make in India initiative
    04 Dec 2023, retail.economictimes.indiatimes.com
    Russia’s premium wine maker Boris Titov is entering into a JV with an Indian partner to set up a unit near Delhi to produce sparkling wine…
  • India to become Pepe Jeans’ largest market in two years: Global CEO Marcella Wartenbergh
    04 Dec 2023, retail.economictimes.indiatimes.com
    “We are seeing accelerated growth in India compared to more mature markets and have outpaced in terms of sales and profit. Also, Gen Z still doesn’t have enough money and it is really millennials and Gen Y that will drive the market and we need to make sure the brand fits them,” Wartenbergh told ET in an exclusive interaction. “One of the big advantages that India has is they are very close to the suppliers and that helps to be much faster in innovation.”..
  • Kiranas grapple with poor FMCG sales amid weak demand
    04 Dec 2023, financialexpress.com
    Many mom-and-pop shop owners in the country are struggling with the excess fast-moving consumer goods (FMCG) inventory in their stores after witnessing poor sales…
  • Balrampur Chini aims to maintain growth traction; acquisition opportunities on radar
    04 Dec 2023, retail.economictimes.indiatimes.com
    The city-based sugar major, which operates ten sugar factories in Uttar Pradesh with an aggregate sugarcane crushing capacity exceeding 80,000 TCD, remains open to acquisitions for inorganic growth while maintaining organic growth in its existing mills…
  • Charting the global economy: Growth is slowing around the world
    04 Dec 2023, retail.economictimes.indiatimes.com
    Growth is losing momentum in many countries and won’t edge up until 2025, when real incomes recover from the inflation shock…
  • GreaterDell misses quarterly revenue estimates on slow PC market recovery
    04 Dec 2023, retail.economictimes.indiatimes.com
    “Dell was not the only PC vendor to face the challenge. However, Dell has more impact than its competitors due to the weakness in the business PC market, which is a core market (for the company),” said Mikako Kitagawa, analyst at Gartner…
  • Diviana’s Fusion of Italian Elegance and Indian Craftsmanship in Luxury Furniture
    04 Dec 2023, indianretailer.com
    In the heart of India’s bustling retail landscape, Diviana, the brainchild of Kapil Chopra since 2009, has carved a niche for itself in the ultra-luxury interior space within the NCR…
  • WoodenStreet Achieves Impressive Growth in Home Retail Sector
    04 Dec 2023, indianretailer.com
    WoodenStreet, a prominent home furniture and decor brand in India, has exhibited significant growth, boasting approximately a 50 percent increase in margins compared to the previous year…
  • DENNISON Elevates Nightlife Fashion with the Debut of “Club Wear Collection”
    04 Dec 2023, indianretailer.com
    DENNISON has introduced its latest and most dynamic collection yet—the “Club Wear Collection,” showcasing an infusion of creativity and boldness set to reshape nightlife fashion with its cutting-edge style…
  • Zingavita Welcomes Dheeraj Nagpal as Co-Founder to Drive Innovation and Growth in Health Sector
    04 Dec 2023, retail.economictimes.indiatimes.com
    Zingavita, a key player in India’s retail health industry, has appointed Dheeraj Nagpal as Co-Founder, signaling a strategic move towards enhancing its product innovation, brand strategy, and marketing…
  • The New Right to Repair Act and Its Implications for Multi-brand Automotive Services in India
    04 Dec 2023, indianretailer.com
    Consumers often find themselves disadvantaged in a world where manufacturers have a firm grip on repair services. With substantial authority, these manufacturers set prices and manage the core aspects of goods and services, resulting in a system where costs rise to unaffordable levels and competition is limited…
  • DLF UNVEILS ‘PARTNER PRO’ LOYALTY PROGRAM FOR CHANNEL PARTNERS
    02 Dec 2023, rprealtyplus.com
    DLF, India’s largest real estate company has recently launched Partner Pro, a loyalty program exclusively tailored for its esteemed channel partner community across India…
  • BHUMIKA GROUP VENTURES INTO METRO MALL SEGMENT
    02 Dec 2023, rprealtyplus.com
    Bhumika Group, a leading retail real estate developer based out of New Delhi, announces its foray into the Metro Mall segment with the recent award of the Letter of Acceptance (LOA) for the NHPC Metro Station project from the Delhi Metro Rail Corporation (DMRC)…
  • MALLS AS RETAIL DESTINATIONS & COMMUNITY HUBS
    02 Dec 2023, rprealtyplus.com
    Shopping malls are adapting to the evolving dynamics of a consumer-centric market and are now surpassing traditional norms by turning malls into dynamic retail destinations that also serve as community hubs. In the past, malls were centered on singular awe-inspiring focal points…
  • The Phoenix Mills’ subsidiaries receives order for GST demand & penalty
    02 Dec 2023, realty.economictimes.indiatimes.com
    While MCRPL received notice of Rs 97.63 lakh (including interest and penalty), PHLL received notice of Rs 6.15 crore. The notices have been served over the GST liability on account of claiming of Block ITC as per section 17(5) of MGST Act…
  • Hindustan Unilever splits beauty and personal care division
    02 Dec 2023, retail.economictimes.indiatimes.com
    The BPC division’s transition to B&W and PC will take effect from April 1, 2024. With sales of Rs 5,809 crore, BPC contributed 38% to the company’s September quarter numbers – higher than home care and foods & refreshment…
  • ONDC to increase its merchant count to 300,000 by this fiscal end
    02 Dec 2023, retail.economictimes.indiatimes.com
    The state-run digital network platform, which recorded less than 5,000 transactions in March, is also aiming to increase the number of transactions to 6-7 million…
  • Tata Consumer Products appoints Ashish Goenka as Group CFO
    02 Dec 2023, retail.economictimes.indiatimes.com
    Goenka will be succeeding L Krishnakumar who retired as Finance function of Tara Consumer Products on October 31st, 2023. Krishnakumar will continue as Senior Advisor until March 31st, 2024…
  • Lenskart to open 300-400 stores in Southeast Asia by 2025
    02 Dec 2023, retail.economictimes.indiatimes.com
    “We’re looking at opening 300-400 stores in southeast Asia in the next two years. Initially, we go slow, but we like to go deep. We’ve been in Singapore for the last three years, and are going to Thailand this year, and after a year in Thailand, we’ll go to the Philippines,” he added…
  • Sexual health and wellness brand Bold Care announces actor Ranveer Singh as co-owner
    02 Dec 2023, retail.economictimes.indiatimes.com
    Founded in 2019, the online brand Bold Care sells sexual wellness products, natural supplements, a condom range and water-based lubes through its website and major e-commerce platforms in India. ​​Also, it provides science-backed solutions for intimate health issues of men…
  • Muted festive demand has led to excess stocks: FMCG distributors
    02 Dec 2023, retail.economictimes.indiatimes.com
    “Contrary to expectations, Diwali witnessed subdued enthusiasm for the FMCG sector. Post-Diwali sales have historically been low. Particularly hard-hit segments are chocolates, confectionery and biscuits, followed by beauty, and cosmetics,” said Dhairyashil Patil, national president of All India Consumer Products Distributors Federation (AICPDF)…
  • Amazon top seller Appario’s revenue dips 8% in FY23
    02 Dec 2023, retail.economictimes.indiatimes.com
    Appario Retail reported a marginal rise in profit for FY23 at Rs 84 crore against Rs 82 crore in FY22, according to its regulatory filings with the registrar of companies sourced from business intelligence platform Tofler…
  • More than 60 Indian firms to showcase leather products at Dubai event to boost exports
    02 Dec 2023, retail.economictimes.indiatimes.com
    Footwear exports, both leather and non-leather exports account for over 50 per cent of the trade. India is the second-largest exporter of leather garments, third-largest exporter of saddlery and harnesses and 4th largest exporter of leather goods in the world…
  • HUL ropes in former Revenue secretary Tarun Bajaj as independent director; rejigs management committee
    02 Dec 2023, retail.economictimes.indiatimes.com
    HUL also announced key changes and appointments to its management committee (MC), deepening the focus in the Beauty and Personal Care (BPC) division and reinforcing the digital agenda to make HUL more future ready. The BPC division will be split into dedicated Beauty and Wellbeing (B&W) and Personal Care (PC) businesses…
  • TCL gets NCLT Kolkata nod for merger with Tata Consumer Products, TCPL Beverages & Foods
    02 Dec 2023, retail.economictimes.indiatimes.com
    In a regulatory filing, Tata Coffee said the order approving the scheme of arrangement was passed by NCLT, Kolkata Bench, was pronounced on November 10, 2023…
  • Ulta Beauty raises annual forecasts, longtime CFO Settersten to retire
    02 Dec 2023, retail.economictimes.indiatimes.com
    The cosmetics retailer raised the lower end of its annual profit forecast to $25.20 and $25.60 per share, from its previous view of $25.10 to $25.60 per share. The company also raised the lower end of its annual net sales forecast. It now expects it between $11.10 billion and $11.15 billion, versus its prior forecast of $11.05 billion to $11.15 billion…
  • Consumer durable brand Boat partners with Swiggy Instamart
    02 Dec 2023, retail.economictimes.indiatimes.com
    The products of Boat such as bluetooth speakers and TWS earbuds will be available to the customers under ‘Office and Electricals’ category on Swiggy Instamart…
  • Samsung inaugurates premium experience store in Chennai
    02 Dec 2023, retail.economictimes.indiatimes.com
    Samsung inaugurates Premium Experience Store at Phoenix Mall, Chennai, offering sales and customer service. The store hosts Galaxy workshops for Gen Z and millennials, covering topics like digital art, photography, fitness, and music. Limited period offers and Early Bird giveaways available. Consumers can access Samsung’s digital lending service and opt for Samsung Care+ plans in-store…
  • Molteni&C and AUX HOME Unveil Flagship Space in Delhi’s Design Hub
    02 Dec 2023, indianretailer.com
    In a collaborative effort with AUX HOME, Molteni&C has officially inaugurated its flagship store in MG Road, Delhi’s upscale design district, marking a significant stride in the brand’s expansion and dedication to providing a distinctive, mono-brand retail experience for its discerning clientele…
  • 17 Years on, Max Fashion Today at 480 Stores in India
    02 Dec 2023, indianretailer.com
    Renowned global value fashion brand, Max Fashion, commemorates 17 years of its presence in India, boasting a network of over 480 stores…
  • How These Fashion Brands Plan to Disrupt the Winterwear Market
    02 Dec 2023, indianretailer.com
    In the midst of ongoing global changes, fashion has taken a turn towards combining comfort and style. This shift is evident in the resurgence of retro fashion making a comeback with a modern twist…
  • How Technology is Enabling a Cost-Effective Supply Chain for Retail Brands
    02 Dec 2023, indianretailer.com
    As the retail landscape continues to evolve, consumer expectations have transformed, placing even more emphasis on the need for a cost-efficient supply chain…
  • Mango’s New Eco-Chic Collection Redefines Sustainable Fashion in India
    02 Dec 2023, indianretailer.com
    In a groundbreaking move towards sustainability, Mango, the renowned European fashion powerhouse, is set to unveil its new collection featuring cotton sourced from regenerative agriculture…
  • Davaindia’s Strategic Moves in East India Spearheading Growth
    02 Dec 2023, indianretailer.com
    Davaindia is set to play a pivotal role in the burgeoning Indian retail pharmacy market, anticipated to reach $40.19 billion by 2030, boasting a robust Compound Annual Growth Rate (CAGR) of 9.9 percent since 2022…
  • Hindustan Coca-Cola Beverages Breaks Ground for Sustainable Manufacturing Hub in Maharashtra
    02 Dec 2023, retail.economictimes.indiatimes.com
    Hindustan Coca-Cola Beverages (HCCB), a leading FMCG company in India, recently marked the commencement of its upcoming greenfield factory with a groundbreaking ceremony at the MIDC Lote Parshuram Industrial Area, Khed in Ratnagiri, Maharashtra…
  • AMBRUS JEWELS by ARPIT GOYAL launched its first flagship store
    02 Dec 2023, retail.economictimes.indiatimes.com
    Ambrus Jewels by Arpit Goyal, inspired by a rich heritage and the beauty of rich culture, make the jewellery pieces a matter of high-end and luxe experience…
  • Greater Noida: Rs 2 crore dues not cleared, movie theatre sealed in Grand Venice Mall
    01 Dec 2023, realty.economictimes.indiatimes.com
    Ankit Kumar, the Sadar SDM, said while Rera had issued three recovery certificates against Bhasin Infotech and Infrastructures Ltd – the developer of the mall – the consumer forum slapped one…
  • Whirlpool to sell 24% stake in India business to reduce debt
    01 Dec 2023, retail.economictimes.indiatimes.com
    Whirlpool of India reported a 23.7% drop in second-quarter profit earlier this month, as the home appliances maker grappled with weak demand amid stiff competition. Michigan-based Whirlpool currently maintains a 75% ownership interest in the Indian company through a wholly-owned unit, and will retain a majority interest after the sale…
  • PVR Inox says it will open 150 screens next fiscal with Rs 500 cr investment
    01 Dec 2023, retail.economictimes.indiatimes.com
    PVR Inox, India’s largest multiplex operator, is planning to open 150 screens in the next fiscal year with an investment of approximately Rs 500 crore. The company already operates 118 screens across 23 properties in Mumbai and a total of 1,711 screens at 359 properties in 114 cities, including Colombo…
  • France’s SMCP strikes deal with Reliance to expand into India
    01 Dec 2023, retail.economictimes.indiatimes.com
    “There aren’t a lot of accessible luxury fashion labels in India so we think it’s time to be pioneering,” said SMCP CEO Isabelle Guichot, citing India’s wealth and growing population of younger generations among reasons for entering the country. After years of testing the Indian market with outlets in luxury hotels, high-end European labels are seeking to expand their retail presence there to tap its strong economic growth and a rapid rise in the number of local millionaires…
  • Coca Cola to invest Rs 1,387 cr for new plant in Maharashtra
    01 Dec 2023, retail.economictimes.indiatimes.com
    The greenfield facility in the Khed taluka is expected to be operational by 2025, and was termed as a “major leap” in the company’s manufacturing capabilities. The unit will provide direct and indirect employment to 350 people. A total of 81,000 people will benefit in the state through its community initiatives, the statement said…
  • D-Mart’s Radhakishan Damani tops Hurun self-made entrepreneurs list, Flipkart founders at second position
    01 Dec 2023, retail.economictimes.indiatimes.com
    ​​With a market cap of Rs 2,38,188 crore, Damani secured the first position. Meanwhile, Flipkart’s Binny and Sachin Bansal closely followed on this prestigious list clinching the second position…
  • Alibaba set to lose no. 1 ecomm player spot to PDD
    01 Dec 2023, retail.economictimes.indiatimes.com
    The once-inconceivable shift reflects the turmoil that engulfed Alibaba after Beijing in 2020 targeted the company and its once-outspoken co-founder, kicking off a sweeping crackdown on the powerful tech sector. It also signals the rise of a generation of upstarts from PDD to ByteDance, which are disrupting the traditional arenas of social media and e-commerce…
  • Indian jewellery brand Tanishq opens two stores in Texas
    01 Dec 2023, retail.economictimes.indiatimes.com
    The launch is a part of Tanishq’s International business expansion strategy. Tanishq is also at the cusp of opening another store in Chicago, and thereafter in the Bay Area by early-mid next year. The company’s expansion plans include opening 20 to 30 more locations in North America and the Middle East collectively over the next two to three years…
  • Foot Locker’s forecasts get a boost as big discounts bump holiday sales
    01 Dec 2023, retail.economictimes.indiatimes.com
    More than 200 million shoppers made purchases both in-store and online during the Thanksgiving weekend, the National Retail Federation said on Tuesday, easing some worries over muted holiday sales. “While our customers remain discerning with their discretionary dollars and we expect that will continue through the season, we’re also seeing them respond to newness,” Foot Locker CEO Mary Dillon said in a post-earnings call…
  • Blue Tokai to expand domestic presence
    01 Dec 2023, thehindubusinessline.com
    Indian speciality coffee brand Blue Tokai will be expanding its presence to 130 outlets by the end of the financial year. The company is focused on growing in the domestic market it operates…
  • Personal care brand Clensta aims to expand its presence to 20K stores
    01 Dec 2023, retail.economictimes.indiatimes.com
    With this expansion, Clensta aims to boost its gross merchandise value (GMV) to Rs 200 crore. “We are now excited to widen our presence to reach 20K retail touch-points by the end of this fiscal, further solidifying our position as a market leader in the personal care industry,” said Puneet Gupta, founder, Clensta…
  • E-commerce Volumes Spiked 23 pc During Black Friday Sales
    01 Dec 2023, indianretailer.com
    The global shopping phenomenon, Black Friday, continues to make waves in India. Black Friday, traditionally an American retail tradition, has firmly cemented its place in the Indian market as a major e-commerce sale event, with consumers extending their post-Diwali shopping spree to benefit from Black Friday and related sales like Cyber Monday etc…
  • Gopal Snacks Limited Files DRHP for IPO, Eyes Robust Growth
    01 Dec 2023, indianretailer.com
    Rajkot-based Gopal Snacks Limited has taken a significant step toward expansion by filing its Draft Red Herring Prospectus (DRHP) with the capital market regulator Sebi…
  • Adani Sportsline Strengthens Leadership with Sanjay Adesara as Chief Business Officer
    01 Dec 2023, indianretailer.com
    Formed in 2019, Adani Sportsline emerges as the sports arm of the Adani group, dedicated to fostering a sporting nation with comprehensive support for sustainable development in the field…
  • LehLah Transforms Social Commerce in India with Athiya Shetty Collaboration
    01 Dec 2023, indianretailer.com
    LehLah, a trailblazing fashion-tech platform, has unveiled a strategic partnership with actor and fashion icon Athiya Shetty. This collaboration marks a significant milestone for LehLah, positioning itself at the forefront of revolutionizing the social commerce landscape…
  • How Swiss Beauty is Disrupting the Indian Wedding Market
    01 Dec 2023, indianretailer.com
    Renowned Indian makeup brand, Swiss Beauty, renowned for its innovation, is gearing up for a month-long celebration with its highly awaited wedding campaign, “BFF Bina Wedding Kaisa…
  • DTDC Express Joins ONDC to Reshape E-commerce Logistics for Local Sellers
    01 Dec 2023, indianretailer.com
    DTDC Express Ltd has joined ONDC (Open Network for Digital Commerce) with a vision to revolutionize e-commerce logistics in India and empower sellers on the network through the integration of emerging technologies…
  • Etchcraft Emporium Expands Product Portfolio with Savante Collection
    01 Dec 2023, indianretailer.com
    Renowned for its distinctive approach to customized jewelry and timepieces, Etchcraft Emporium is excited to unveil its latest offering—the Savante Collection…
  • Essilor Luxottica Elevates Sustainable Fashion with ARNETTE’s N2 Collection
    01 Dec 2023, indianretailer.com
    Dare to dream of the extraordinary. For Fall/Winter 2023, ARNETTE explores the infinite possibilities of alternative materials, opening up a whole new world for more responsible design…
  • Brigade Enterprises buys additional stake of 12.50% in BCV Developers for Rs 20.21 crore
    30 Nov 2023, realty.economictimes.indiatimes.com
    About 35,61,550 (12.50%) equity shares of BCV Developers have been acquired. Accordingly, the shareholding of Brigade Enterprises has been increased from 50.01% to 62.51% in BCV Developers…
  • Swiggy loss for first half FY23 narrows to $636 million, food business grows 17%: Prosus
    30 Nov 2023, retail.economictimes.indiatimes.com
    The core food business grew 17% to a GMV of $1.43 billion in the first half, helped by double-digit growth in transacting users and inflation in the average order value (AOV). The GMV calculation excludes cancelled orders and includes fees paid to delivery workers, Prosus added…
  • New York-based Foot Locker partners with Metro Brands and Nykaa Fashion to sell its merchandise in India
    30 Nov 2023, retail.economictimes.indiatimes.com
    ​​​The partnership aims at transforming the sneaker segment in India, and address the evolving needs of next-gen customers.​ Under the terms of the agreements, MBL is granted exclusive rights to own and operate Foot Locker stores within India and to sell authorized merchandise in Foot Locker stores whereas ​​Nykaa Fashion will serve as the e-commerce partner and operate Foot Locker’s India website and retail authorized merchandise on Foot Locker branded shop on Nykaa’s existing e-commerce platforms…
  • Bikaji Foods bets on six ‘focus’ states; expects 1.5X growth
    30 Nov 2023, retail.economictimes.indiatimes.com
    In a conversation with ETRetail, Manoj Verma, COO and Rishabh Jain, CFO of Bikaji Foods analysed the company’s quarterly performance, inflation, expansion strategy and the rationale behind its latest acquisition…
  • Malls expected to attract investment of over Rs 20,000 cr in next 3-4 years
    30 Nov 2023, retail.economictimes.indiatimes.com
    Mall space in India is set to increase by 30-35 million square feet (msf), or a third of current stock, over the next 3-4 years, spurred by the strong recovery in retail sales last fiscal. The retail recovery is expected to sustain, as broad-based consumption across geographies as well as sectors fortifies demand resilience. In fact, revenue of mall owners for this fiscal is estimated at 125% of the pre-pandemic level…
  • India is a priority market for Ingka with big growth potential: Susanne Pulverer, CEO, Ikea India
    30 Nov 2023, retail.economictimes.indiatimes.com
    Ingka Group, the largest IKEA retailer, has reported a good performance for FY23. The IKEA vision to create a better everyday life for many people continues to guide the business as it grows revenue by 5.4% to EUR 44.3 billion, alongside recording a stable operating income. The company has also increased its renewable energy commitment by EUR 1 billion, to total EUR 7.5 billion by 2030…
  • Walmart shifts to India from China for cheaper imports
    30 Nov 2023, retail.economictimes.indiatimes.com
    In a strategic move to cut costs and enhance supply chain resilience, Walmart, the world’s largest retailer, is significantly increasing its imports from India, according to data revealed by Reuters. The data, sourced from bill of lading figures provided by Import Yeti, indicates a notable shift in Walmart’s sourcing patterns…
  • Luxury inc sees India as the next big destination
    30 Nov 2023, retail.economictimes.indiatimes.com
    Luxury brands are increasingly looking to India for growth prospects, according to Bénédicte Epinay, CEO of Comité Colbert, the official luxury association of France. India has all the ingredients for luxury brands, including consumers, appetite for refinement, taste to understand luxury, and passion to show off. Post Covid, brands are seeing a growth of about 5-10% globally, making India the next key frontier for global luxury brands…
  • At Balaji Wafers, get a taste of big things to come
    30 Nov 2023, retail.economictimes.indiatimes.com
    The Rajkot-based company posted sales of Rs 5,010 crore for FY23, a 24% jump compared to Rs 4,034 crore a year earlier. In comparison, Jubilant Foodworks that operates Domino’s pizza, Dunkin Donuts and Popeyes restaurants clocked Rs 5,158 crore in sales in FY23 while Nestle’s prepared dishes and cooking aids division of Maggi noodles, sauces, seasonings, pasta and cereals had annual sales of Rs 5,300 crore…
  • Companies trying to junk consumer notions on packaged food
    30 Nov 2023, retail.economictimes.indiatimes.com
    Public health officials have for years been warning about a surge in non-communicable diseases such as diabetes, obesity and associated cardiac ailments stemming from the growing addiction to junk food, particularly among the young, aggravated by sedentary lifestyles and lack of exercise. Nestle, maker of Maggi noodles and Kitkat chocolate, is offering to measure the body mass index (BMI) of consumers and draw up meal plans on its AskNestle platform…
  • Bira 91 appoints Manoj Kohli and Bharat Anand as Independent Directors
    30 Nov 2023, retail.economictimes.indiatimes.com
    Commenting on these appointments, Ankur Jain, Founder and CEO, Bira 91 said, “We are at an important inflection point as a business, and as we continue on our journey of high growth, we would want to ensure that we develop a business that has long-term sustainability, improved risk management and increased quality of corporate governance.”…
  • Zero impact of unseasonal rains on business, says Sula Vineyards CEO
    30 Nov 2023, retail.economictimes.indiatimes.com
    With over 25 years of experience, the company has developed a robust grape procurement model where it anticipates a few unseasonal rain events to occur every year. “We therefore always target a slightly higher grape tonnage than we need to fulfil our sales projections. The result is that if and when such unseasonal rains occur, Sula will always get the grapes it needs,” Samant said…
  • UK’s Deliveroo sees expansion into non-food driving growth
    30 Nov 2023, retail.economictimes.indiatimes.com
    The group, which competes with Just Eat Takeaway.com and Uber Eats in markets in Europe, the Middle East and Asia, said it had launched “Deliveroo Shopping” on its app, which will allow customers to buy non-food items, including D.I.Y. products through a partnership with hardware supplier Screwfix. The US company holds a 14.13% stake…
  • Photo ID necessary to buy acid online: consumer protection body
    30 Nov 2023, livemint.com
    Buying acid from e-commerce platforms will no longer be easy with the Central Consumer Protection Authority (CCPA) on Wednesday directing all online platforms to make it compulsory for buyers to upload a photo ID issued by the government…
  • Havells India launches Lloyd brand in the Middle East
    30 Nov 2023, retail.economictimes.indiatimes.com
    Havells India is launching its electronics and durables brand Lloyd in the Middle East and has partnered with TeknoDome, a distribution conglomerate headquartered in Dubai, for this. The Middle-East will be one of the first major global markets for Havells global expansion of this brand…
  • Margins likely to be good and there will be an increase in profitability in Q3: Abhijit Roy, Berger Paints
    30 Nov 2023, retail.economictimes.indiatimes.com
    “There is enough space in this industry for another player like Grasim to come in. It is not going to be majorly disruptive as such, this is our feeling and we are quite confident that we should be able to maintain our growth rate going into the future as well.”…
  • With retail demand and investor interest up, India set to get bigger malls
    30 Nov 2023, business-standard.com
    India is set to get bigger malls in the coming 3-4 years. Owing to a strong recovery in retail sales, the mall area in India is expected to increase by 30-35 million square feet (msf), over one-third of the current stock during the period, rating agency CRISIL said in a release on Wednesday…
  • France’s SMCP strikes deal with Reliance to expand into India
    30 Nov 2023, retail.economictimes.indiatimes.com
    “There aren’t a lot of accessible luxury fashion labels in India so we think it’s time to be pioneering,” said SMCP CEO Isabelle Guichot, citing India’s wealth and growing population of younger generations among reasons for entering the country. After years of testing the Indian market with outlets in luxury hotels, high-end European labels are seeking to expand their retail presence there to tap its strong economic growth and a rapid rise in the number of local millionaires…
  • How Lotus Electronics is Pioneering Hyper-Local Electronics Retail in Central India
    30 Nov 2023, indianretailer.com
    The electronics retail industry in India is a fast growing sector, and Lotus Electronics has emerged as a beacon of innovation and customer-centric excellence in Central India…
  • Natures Basket Unveils Experiential Artisan Pantry at Phoenix Palladium, Mumbai
    30 Nov 2023, indianretailer.com
    Natures Basket has inaugurated its groundbreaking experiential branch at Phoenix Palladium, Mumbai. This innovative establishment aims to redefine grocery shopping by integrating top-notch products with a distinctive and immersive environment…
  • Citykart Celebrates Milestone with Akshara Singh as Face of 100th Store in Bihar
    30 Nov 2023, indianretailer.com
    Citykart, a leading value fashion retailer in India, specializing in family fashion across tier-II, tier-III, and tier-IV cities, proudly announces the appointment of Bhojpuri sensation Akshara Singh as the face of their 100th shopping mall in Bettiah, Bihar…
  • Pottery Barn Kids Makes Grand Debut in Mumbai
    30 Nov 2023, indianretailer.com
    Pottery Barn Kids, the original premium American children’s furniture and decor brand, has officially entered the Indian market with the inauguration of its flagship store at Jio World Plaza in Mumbai. Renowned for its timeless designs and unwavering commitment to sustainability, safety, and security, Pottery Barn Kids aims to inspire and create magical spaces for Indian children…
  • Tanishq’s ‘String It’ Marks a New Era in Indian Jewellery
    30 Nov 2023, indianretailer.com
    Tanishq, the leading jewellery retail brand in India under the Tata umbrella, introduces the exquisite ‘String It’ collection, a manifestation of elegance and sophistication. This curated assortment of modern, contemporary, and lightweight jewellery is now accessible at Tanishq stores nationwide, as well as on tanishq.co.in/string-it and the Tanishq app…
  • Livpure Reports 70 pc E-commerce Growth, Aims to Reinforce Market Leadership
    30 Nov 2023, indianretailer.com
    Livpure has revealed a groundbreaking 70 percent growth in the E-commerce sector during the first six months of FY 24, solidifying its position as a leader among the best-branded water purifiers in India. This significant surge underscores Livpure’s unwavering commitment to excellence and consumer satisfaction, showcasing its resilience and resonance in the market…
  • United Breweries Debuts Heineken Silver Draught Beer
    30 Nov 2023, indianretailer.com
    United Breweries has exciting news to share with the launch of Heineken Silver Draught Beer in India. This marks a notable moment as Heineken introduces its draught beer for the first time in the Indian market, aiming to offer consumers a premium, smooth-tasting beverage tailored for social occasions…
  • Brewing Success and Luxury Libations
    30 Nov 2023, irecwire.com
    Dive into the rich narratives of DeVANS Modern Breweries and Monika Alcobev, crafting legacies in India’s alcobev arena. Experience the blend of tradition and luxury that defines their spirits…
  • Jimmy’s Cocktails Ventures into Energy Drinks with Hustle Addition
    30 Nov 2023, restaurant.indianretailer.com
    Recently, the company secured Rs 11 crore in funding during a Pre Series A round, spearheaded by Prath Ventures and backed by prominent investors such as Vijay Shekhar Sharma from Paytm…
  • United Breweries Launches Heineken® Silver Draught in India