ONLINE NEWS

• ‘China Plus One’ strategy played out really well for India, says Raymond CMD Gautam Hari Singhania
  18 Mar 2023, retail.economictimes.indiatimes.com
  In an exclusive interview with ETRetail’s Pallavi Goel, Singhania, the top executive of the multi-billion empire, discusses the developments in India’s textile sector post-COVID, ‘China Plus One’ strategy, how the company is building for India, and his vision with respect to ‘roti, kapda, makaan, and education’…
• Tata ceases discussions with Bisleri to acquire the packaged water giant
  18 Mar 2023, retail.economictimes.indiatimes.com
  “The company wishes to update that it has now ceased negotiations with Bisleri with regard to a potential transaction and to confirm that the company has not entered into any definitive agreement or binding commitment on this matter,” Tata Consumer Products said in a stock exchange filing…
• Swiggy to waive commission from new restaurants for a month
  18 Mar 2023, retail.economictimes.indiatimes.com
  Swiggy said restaurant partners can potentially save up to Rs 20,000 through this initiative…
• Ecommerce firm CoutLoot plans to enter physical retailing space
  18 Mar 2023, retail.economictimes.indiatimes.com
  The company plans to launch 35 stores starting April this year, especially in areas which attract peak footfalls…
• Tiger Global sells 0.75% stake in Delhivery via open market for Rs 177 cr
  18 Mar 2023, retail.economictimes.indiatimes.com
  GambhirDelhivery is among the largest logistics players in India with full-stack solutions across the value chain. It is fully owned by public shareholders, wherein top mutual funds own 11.12% and the stake held under foreign direct investment is about 59.93%…
• How Myntra is planning to democratise beauty using tech
  18 Mar 2023, retail.economictimes.indiatimes.com
  “At present, almost 45 per cent of Myntra’s consumers come from tier 2 cities and beyond and we have witnessed growth in niche categories like face serums, scalp care, sunscreens, conditioners, and more. Some of the popular new age consumer brands have grown upwards of 80 per cent YoY on Myntra on an average,” she said while speaking exclusively to ETRetail…
• Mango opens flagship store in BLR; plans to increase points of sale to 110 in 2023
  18 Mar 2023, retail.economictimes.indiatimes.com
  “India is one of the most important markets in our internationalisation strategy, because, according to all forecasts, this country is destined to become the third-largest consumer market in the world within the next few years and we want Mango to have a significant presence in it,” said Daniel López, Mango’s expansion director…
• Bengaluru’s Jewellery Park to create 1 lakh job opportunities
  18 Mar 2023, thehindubusinessline.com
  It will be an all-inclusive gem and jewellery industrial park with manufacturing units, commercial areas, housing for industrial workers and support services…
• Namdhari Seeds forays into food retail business
  18 Mar 2023, thehindubusinessline.com
  Simpli Namdhari’s, a vegetarian omnichannel retailer owned by seed firm Namdhari Seeds, has opened its first store at Banjara Hills here…
• Chinese companies dominate Indian home surveillance camera mkt in 2022: Counterpoint
  18 Mar 2023, retail.economictimes.indiatimes.com
  “The market remains dominated by Chinese players, with the Indian brands accounting for 23 per cent of total shipments in 2022. The domestic production during the year stood at 12 per cent, still very low for an emerging market…
• Apple to open flagship India store in Mumbai in April; second store to come up in Delhi
  18 Mar 2023, retail.economictimes.indiatimes.com
  Apple is set to open its flagship store in Mumbai next month, followed by the second store in New Delhi in April-June. The stores will be similar to those in other countries, with a focus on luxury products. India has consistently been one of the best-performing markets for Apple for more than six years now. In the quarter ended December, the company achieved record overall sales in the country…
• Organised retail has got a pre-Covid charm now
  18 Mar 2023, economictimes.indiatimes.com
  Sales of organised retail segments across apparel, lifestyle products and quick service restaurants grew 18% in the first 10 months of this fiscal compared to pre-pandemic April-January FY20, a report by the Retailers Association of India (RAI) has said…
• BoatIra Gumberg: Reports of Shopping Malls’ Demise are Greatly Exaggerated
  18 Mar 2023, tapinto.net
  It is no secret that online shopping has deeply impacted shopping malls, which were further hamstrung by the pandemic. Their downfall has served as fodder for filmmakers, and has been the subject of rhapsodic retrospectives…
• Ecommerce firm CoutLoot plans to enter physical retailing space
  18 Mar 2023, economictimes.indiatimes.com
  Ecommerce firm Coutloot said it is entering into the offline retail segment by converting existing small shops and trading units into its own branded stores, part of a wider strategy to formalise the unorganised non-MRP non-grocery retailing in India…
• Miniklub Expands Offline Presence, Opens 50th Store in Ahmedabad
  18 Mar 2023, economictimes.indiatimes.com
  Miniklub leading babywear brand that offers a thoughtfully crafted range of apparel and baby care products, is proud to announce the launch of its 50th store in Ahmedabad. Located in CG road, one of the prominent high streets of Ahmedabad, this milestone is a testament to the company’s commitment to providing high-quality, comfortable, stylish, and affordable newborn essentials, and baby and kids clothing…
• Myntra Expands Product Portfolio, Unveils ‘Spring Summer 2023 Collection’
  18 Mar 2023, retail.economictimes.indiatimes.com
  Myntra has announced the much-awaited showcase of its ‘Spring-Summer 2023’ collection on the platform to enable shoppers to revamp their wardrobes in time for the new season. As a part of the showcase of the new collection, Myntra will also be highlighting the assortment on the homepage on the 16th and 17th of March to provide shoppers with an immersive experience of the most in-vogue fashion and beauty range this summer, making it easier for shoppers to discover and navigate their favorites from the season…
• Elanpro Expands Product Portfolio with New and Innovative Products
  18 Mar 2023, indianretailer.com
  Reiterating its commitment to become the leading provider of end-to-end refrigeration solutions, ELANPRO, India’s tech-driven commercial refrigeration company, launched a new series of energy-efficient freezers, coolers, and ice machines for food service industry…
• How JustMyRoots is Planning to Achieve Profitability by March 2024
  17 Mar 2023, retail.economictimes.indiatimes.com
  India’s food delivery market has expanded significantly in recent years as a result of increased urbanization, rising disposable incomes, and the growing popularity of online ordering. As more consumers choose contactless delivery methods, the COVID-19 pandemic has further spurred the growth of the food delivery industry…
• Boat Appoints Vivek Gambhir as Chairman, Sameer Mehta named as CEO
  18 Mar 2023, indianretailer.com
  Earwear brand Boat said it has elevated CEO Vivek Gambhir to Chairman of the company. Boat co-founder Sameer Mehta will take on the role of CEO and Managing Director…
• My Menu Expands Product Portfolio, Unveils New AI-Generated Menu Descriptions
  18 Mar 2023, indianretailer.com
  My Menu has announced the launch of its new AI-powered menu description generator feature. With this cutting-edge technology, restaurant owners can now effortlessly create mouth-watering and enticing menu descriptions that showcase their dishes in the best light possible…
• Boat elevates Vivek Gambhir as Chairman; co-founder Sameer Mehta named as CEO
  17 Mar 2023, retail.economictimes.indiatimes.com
  Gambhir, in his new role as Chairman, will continue to guide the leadership team on matters of strategy, organisational development and culture and future growth roadmap…
• Apple supplier Foxconn wins AirPod order, plans $200 million factory in India: Source
  17 Mar 2023, retail.economictimes.indiatimes.com
  The deal will see Foxconn, the world’s largest contract electronics maker and assembler of around 70% of all iPhones, become an AirPod supplier for the first time and underlines efforts by the key Apple supplier to further diversify production away from China. AirPods are currently made by a range of Chinese suppliers…
• Everstone Capital in talks to offload Burger King stake
  17 Mar 2023, retail.economictimes.indiatimes.com
  Everstone Capital, through its investment vehicle QSR Asia Pte Ltd, holds a 40.9% stake in Restaurant Brands, which holds the licence to operate Burger King restaurants in India…
• Luxor expects to achieve Rs 1,000 cr revenue in next 3-4 years; partners with German brand Schneider Pen
  17 Mar 2023, retail.economictimes.indiatimes.com
  The company has also partnered with German brand Schneider Pen and has come up together with a new product Luxor Schneider LXMAX, a pen in the liquid-ink system category for the Indian consumers. Both the companies will add about 20 more products this year…
• Crompton eyes 14% YoY growth in fans segment; aims to reduce cost hike due to BEE regulations
  17 Mar 2023, retail.economictimes.indiatimes.com
  Crompton’s CEO highlighted that the 15 per cent cost increase to upgrade fans as per the energy-saving regulations is a key challenge for the industry. “The challenge is to mitigate this cost increase and tap on the opportunity to democratise energy saving.”…
• Mumbai-based ice cream brand NOTO raises USD 2 mn in pre-series A led by White Whale Ventures and Rainmatter
  17 Mar 2023, retail.economictimes.indiatimes.com
  The brand operates on a hyper-local dark store model, which allows them to cater to impulse demand within 30–40 minutes. At present, the brand caters to consumers’ demands from its 85 dark stores and plans to take the total count of dark stores to 200…
• Success in supply chain is success in grocery: K Radhakrishnan
  17 Mar 2023, retail.economictimes.indiatimes.com
  Mr. K Radhakrishnan, Co-Founder, Tata StarQuik says Success in supply chain is success in grocery…
• Your supply chain has to be sustainable in PnL and for the environment: Vinay Dhanani, COO, Zepto
  17 Mar 2023, retail.economictimes.indiatimes.com
  Mr. Vinay Dhanani, COO, Zepto believes Your supply chain has to be sustainable in PnL and for the environment…
• Digitisation in supply chain helping bridge gap between online and offline, say industry leaders at ETRetail Supply Chain Summit
  17 Mar 2023, retail.economictimes.indiatimes.com
  Sandeep Kulkarni, chief supply chain officer, Tata Cliq said that with digitisation the biggest difference made has been instant gratification. “In online, there used to be a gestation period, that is, the gap between placing an order and receiving it. Digitisation in the supply chain has reduced this gestation period between order and delivery from 2 days to 10 minutes today.”..
• How some of the coolest D2C brands are leveraging Delhivery for growth
  17 Mar 2023, retail.economictimes.indiatimes.com
  Delhivery’s D2C-specific offering is designed to support the accelerated growth of many such brands. Through Delhivery’s web-based, digital, unified customer portal (UCP), companies can easily register, self-onboard, and manage all fulfilment and shipping accounts. ~ Brand Connect Initiative…
• Consumer journey of the future would be both online and offline: Swaminathan Ramchandran
  17 Mar 2023, retail.economictimes.indiatimes.com
  Mr. Swaminathan Ramchandran, Chief Supply Chain Officer – Aditya Birla Fashion Retail Limited: Consumer journey of the future would be both online and offline…
• We need to focus on emotional intelligence (EI), more than AI and BI: Sanjeev Khanna
  17 Mar 2023, retail.economictimes.indiatimes.com
  Mr. Sanjeev Khanna, COO, Patanjali Foods Limited: We need to focus on emotional intelligence (EI), more than AI and BI…
• Tata Consumer Products to focus on health & wellness, convenience, premiumisation
  17 Mar 2023, thehindubusinessline.com
  The three sectors will continue to concentrate on utilising the digital space as they have a larger online consumer base, said Puneet Das, president of packaged beverages (India and South Asia), TCP…
• FSSAI mulls SOP for use of health supplements, nutraceuticals
  17 Mar 2023, thehindubusinessline.com
  The Food Safety and Standards Authority (FSSAI) is considering releasing a standard operating procedure (SOP) or guidelines on usage of health supplements and nutraceuticals…
• Danone set to complete renewal of its board with the proposed appointment of Sanjiv Mehta
  17 Mar 2023, retail.economictimes.indiatimes.com
  At present, Mehta is the CEO and managing director of India’s biggest consumer goods company HUL, a role he will leave on June 26, 2023. If approved, he will join Danone’s Board effective July 1, 2023. The company said Mehta is a high-calibre executive with in-depth knowledge of the consumer goods sector and diversified international expertise, particularly on Asian markets…
• Rs 7,500-cr plus sales in 3 days: What it means for DLF brand & consumers
  17 Mar 2023, economictimes.indiatimes.com
  DLF has sold over 1,137 flats for over Rs 7.500 crore within three days in Gurugram. Aakash Ohri, Group ED & Chief Business Officer and Ashok Tyagi, CEO & Whole Time Director, DLF, in conversation with ET Now…
• Puma becomes the largest sports retailer in India; MD Abhishek Ganguly reveals success secret
  17 Mar 2023, economictimes.indiatimes.com
  German sportswear maker Puma posted a 46% jump in sales last fiscal year, maintaining its pole position as the largest sports brand in India. With revenues of Rs 2,980 crore during FY22 ended December, Puma outsold rivals—Adidas, Nike and Reebok—all put together, according to the latest filings with the Registrar of Companies. A year ago, it had sales of Rs 2,044 crore…
• Urban Ladder to double its retail store presence in India by March 2024
  17 Mar 2023, business-standard.com
  Furniture and home decor brand Urban Ladder, which on Wednesday opened its 50th store, said it plans to double this store count by March 2024…
• Bagline Strengthens South India Position
  17 Mar 2023, rli.uk.com
  The Brand Concepts-owned Bagline has grown its retail presence in the South Indian market with the addition of two new stores in the cities of Bengaluru and Hyderabad…
• Britannia’s Croissant Biz Crosses Rs 100 cr Revenue
  17 Mar 2023, indianretailer.com
  Britannia Industries Limited has announced that the Treat Croissant business has crossed Rs 100 crore in revenues in this financial year, within a year of its national roll-out across the country. Treat Croissant is manufactured at Britannia’s own manufacturing facility and the recipe has been customized to cater to the Indian palette…
• JioMart to roll-out ‘Craft Mela’ for local artisans
  17 Mar 2023, economictimes.indiatimes.com
  Reliance Retail’s JioMart will roll-out ‘Craft Mela’ to empower local artisans and weavers and showcase ‘Made in India’ products to customers…
• Why Les Petits is Betting Big on the Luxury Kids Segment
  17 Mar 2023, indianretailer.com
  Children these days are not shying away from donning the latest fashion with sheer confidence. Moreover, the millennial parents themselves are showing a great inclination for branded clothes and seeking the same level of fineness in their kids as well…
• Reliance Retail, TRENDS, Announced The Launch Of Its New Store In Nilagiri Town Of Balasore District
  17 Mar 2023, orissadiary.com
  Balasore: India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in Nilagiri town of Balasore district in the state of Odisha…
• ADIA signs $500 million cheque for 10% stake in Lenskart at $4.2 billion valuation
  16 Mar 2023, retail.economictimes.indiatimes.com
  The fundraise was done at a $4.2 billion valuation and will result in ADIA becoming one of the largest shareholders in Lenskart with a 10% stake…
• McDonald’s north and east to invest up to ₹600 cr
  16 Mar 2023, retail.economictimes.indiatimes.com
  “All the investment financing shall be sourced internally. Currently, we have approximately 6,000 employees, with plans to hire about 1,500 people this year,” said Agrawal, adding that the company plans to hire about 5,000 people over the next three years…
• Reliance Retail, other top brands eye ‘Value’ space after Zudio’s success
  16 Mar 2023, retail.economictimes.indiatimes.com
  While Reliance Retail is planning to launch a value apparel format, likely to be named ‘Youth’ to compete directly with Tata’s Zudio and Landmark group-owned Max, Shoppers Stop is coming up with a mass-priced brand, internally called InTune, people in the know said…
• Popeyes owner bets big on growing Indian middle class
  16 Mar 2023, retail.economictimes.indiatimes.com
  “We are working on growing businesses all over the world, but India is one of our largest and fastest growing markets with decades of growth,” Kobza, currently on an India visit as US fried chicken restaurant chain Popeyes completes its first year here, told ET in an interview…
• Domestic electronics production likely to reach Rs 8.42 lakh cr this fiscal: Ashwini Vaishnaw
  16 Mar 2023, retail.economictimes.indiatimes.com
  The minister also said that the export of electronic goods has increased from Rs 39,978 crore (USD 5.96 billion) in FY 2016-17 to Rs 1,09,797 crore in FY 2021-22 (USD 14.6 billion), exhibiting a compound annual growth rate (CAGR) of 22.39 per cent…
• How Myntra is using tech to democratize beauty
  16 Mar 2023, retail.economictimes.indiatimes.com
  In conversation with ETRetail, Nandita Sinha, CEO, Myntra shares how Myntra Beauty is staying ahead of the curve with tech-led assisted selling tools…
• Omnichannel retail engagement is difficult but doable
  16 Mar 2023, livemint.com
  The retail industry has seen so much change in the last few years that it’s hard to keep up. To satisfy shifting customer demands, brands have moved to omnichannel retailing to serve buyers online and offline…
• India to help add cool quotient to Benetton as part of CEO Massimo Renon’s global strategy
  16 Mar 2023, retail.economictimes.indiatimes.com
  “India is one of our most important markets and we are implementing a very potent turnaround. Indians love fashion and India is becoming a strategic market for us more and more because it’s bringing a message and benefit to the company around the world and across the board.”…
• Zara owner Inditex seen outshining H&M in fast-fashion showdown
  16 Mar 2023, retail.economictimes.indiatimes.com
  Both H&M and Inditex have been forced to hike their prices as the cost of producing garments increased, but Inditex – whose other brands include Massimo Dutti, Pull & Bear, and Oysho – has been better able to keep selling clothes at higher prices…
• We expect 15-20% YoY volume growth for next 3-4 years, says Praveen Jaipuriar, CEO, CCL Products (India)
  16 Mar 2023, retail.economictimes.indiatimes.com
  CCL, known as Continental Coffee Limited, follows a cost-plus model, speaking of which Jaipuriar said, “We majorly focus on volumes as value growth becomes its derivative eventually because the coffee prices keep changing in the market.” So, he expects a value growth of about 40-45 per cent by the end of this fiscal…
• Dairy sector to see robust sales growth with early onset of summer
  16 Mar 2023, retail.economictimes.indiatimes.com
  While demand has risen, supply of milk in the country has been decreasing, in part due to prevalence of lumpy skin disease, increase in cattle feed cost and higher export of ghee and butter in the previous year. During this period, several dairy firms have increased milk prices by Rs 2 per litre four to five times…
• Rajdhani Foods enters breakfast and snacking segment
  16 Mar 2023, retail.economictimes.indiatimes.com
  The company, known for its flagship Rajdhani Besan, has launched products such as corn flakes, choco flakes, oats, roasted chana, makhana, and sabudana. The retailer claimed that it uses fresh and hand-picked ingredients, which are packed and processed in hygienic conditions with advanced equipment, ensuring that no impurity is left behind…
• Metro Cash & Carry India launches learning platform to drive awareness about kirana digitisation
  16 Mar 2023, retail.economictimes.indiatimes.com
  “Five years ago, we brainstormed and conceptualized our ‘Smart Kirana program’ wherein our aim was to help kiranas transform by digitalizing and modernizing their operations. Kiranas saw huge value in our program after witnessing over 40-50 per cent growth in their sales and improved cash flows and footfalls,” commented Arvind Mediratta, MD & CEO, Metro Cash & Carry India…
• Urban Ladder aims to double store count by March 2024
  16 Mar 2023, retail.economictimes.indiatimes.com
  “We are extremely elated to open our 50th Urban Ladder retail store in India, and we hope that it is only the first of many milestones to come. We have a robust expansion plan to cater to consumers across various metro and non-metro markets,” commented Nishant Gupta, CBO, Urban Ladder…
• Xiaomi’s slow shift in India to premium smartphones helps Samsung steal its crown
  16 Mar 2023, retail.economictimes.indiatimes.com
  While Xiaomi remained focused on selling mobile phones under 10,000 rupees ($120), Indian consumers were willing to pay up for better looking models with richer features. South Korea’s Samsung launched products to meet those aspirations and offered innovative financing schemes that made them affordable to most…
• Versicles Unveils Innovative Retail Solutions at Aahar International Fair
  16 Mar 2023, hindustantimes.com
  VendNGo enables customers to place orders from multiple restaurants at once and then facilitates the delivery of the food to a pickup kiosk…
• Qpay Emerges Top Choice For Digital Payments In Rural India
  16 Mar 2023, theblunttimes.in
  Located in India, this digital mobile payment system facilitates a wide range of transactions, including mobile recharges, postpaid, DTH, gas bookings, electricity bills, FASTag, loan payments, and broad-line/landline connections…
• TimeVallée, Tata group in alliance for luxury watches
  16 Mar 2023, livemint.com
  Swiss luxury goods group Richemont has partnered with the Tata group to launch its digital multi-brand boutique, TimeVallée, in the Indian market that will offer six luxury watch brands—Cartier, Piaget, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, and Roger Dubuis…
• M3M India acquires 3-acre land for Rs 250 crore in Noida
  16 Mar 2023, moneycontrol.com
  The real-estate firm plans to develop a 9-lakh sq ft commercial project in Noida Sector 72. The company believes the demand for studio apartments will be strong in this part of Noida as many IT companies are located here…
• Hitachi Expands Offline Presence in Delhi NCR
  16 Mar 2023, indianretailer.com
  Cementing its leadership position in North India, Johnson Controls-Hitachi Air Conditioning India, manufacturer of one of India’s largest-selling air-conditioner brands ‘Hitachi Cooling and Heating’ is planning to widen the presence of its exclusive brand outlets across the region…
• India to help add cool quotient to Benetton as part of CEO Massimo Renon’s global strategy
  16 Mar 2023, economictimes.indiatimes.com
  The global chief executive of Benetton Group said India is critical for rebuilding the “coolness” quotient of the Italian clothing brand globally, part of its wider strategy to turn the retail chain around and fight back against fast fashion rivals…
• Praakritik Launches Delivery of Organic Fruits and Vegetables in Bangalore
  16 Mar 2023, indianretailer.com
  Praakritik has tied up with Bhoomi India Agtech Pvt. Ltd to diversify its product offerings by launching organic fruits and vegetables on its platform…
• SBI Collaborates with Pay Point India to Setup Kiosk Banking in Retail Stores
  16 Mar 2023, digitaljournal.com
  In an endeavour to attain financial inclusion across the country, State Bank of India and Pay Point India leverage the retail network to setup kiosk banking services in remote areas…
• Mufti Expands Product Portfolio, Unveils Spring Summer Collection 23
  16 Mar 2023, indianretailer.com
  Mufti, airborne since 1998, has redefined men’s fashion with its unique and fresh designs. Mufti has always given its customers something different to wear every season. So, this spring and summer season it brings you a brand-new collection of men’s wear SS23 to glam up your wardrobe with style quotient. ..
• Wakao Expands Product Portfolio, Introduces The Continental Burger Patty
  16 Mar 2023, indianretailer.com
  Indulge in a novel culinary experience that is not only delectable but also sustainable and ethically sourced – it’s time to tantalize your taste buds with Wakao Foods’ latest creation, the Continental Burger Patty…
• ADIA signs $500 million cheque for 10% stake in Lenskart at $4.2 billion valuation
  16 Mar 2023, retail.economictimes.indiatimes.com
  The fundraise was done at a $4.2 billion valuation and will result in ADIA becoming one of the largest shareholders in Lenskart with a 10% stake…
• 
  

  McDonald’s north and east to invest up to ₹600 cr

  
  16 Mar 2023, retail.economictimes.indiatimes.com
  “All the investment financing shall be sourced internally. Currently, we have approximately 6,000 employees, with plans to hire about 1,500 people this year,” said Agrawal, adding that the company plans to hire about 5,000 people over the next three years…

• Reliance Retail, other top brands eye ‘Value’ space after Zudio’s success
  16 Mar 2023, retail.economictimes.indiatimes.com
  While Reliance Retail is planning to launch a value apparel format, likely to be named ‘Youth’ to compete directly with Tata’s Zudio and Landmark group-owned Max, Shoppers Stop is coming up with a mass-priced brand, internally called InTune, people in the know said…
• Popeyes owner bets big on growing Indian middle class
  16 Mar 2023, retail.economictimes.indiatimes.com
  “We are working on growing businesses all over the world, but India is one of our largest and fastest growing markets with decades of growth,” Kobza, currently on an India visit as US fried chicken restaurant chain Popeyes completes its first year here, told ET in an interview…
• Domestic electronics production likely to reach Rs 8.42 lakh cr this fiscal: Ashwini Vaishnaw
  16 Mar 2023, retail.economictimes.indiatimes.com
  The minister also said that the export of electronic goods has increased from Rs 39,978 crore (USD 5.96 billion) in FY 2016-17 to Rs 1,09,797 crore in FY 2021-22 (USD 14.6 billion), exhibiting a compound annual growth rate (CAGR) of 22.39 per cent…
• How Myntra is using tech to democratize beauty
  16 Mar 2023, retail.economictimes.indiatimes.com
  In conversation with ETRetail, Nandita Sinha, CEO, Myntra shares how Myntra Beauty is staying ahead of the curve with tech-led assisted selling tools…
• Omnichannel retail engagement is difficult but doable
  16 Mar 2023, livemint.com
  The retail industry has seen so much change in the last few years that it’s hard to keep up. To satisfy shifting customer demands, brands have moved to omnichannel retailing to serve buyers online and offline…
• India to help add cool quotient to Benetton as part of CEO Massimo Renon’s global strategy
  16 Mar 2023, retail.economictimes.indiatimes.com
  “India is one of our most important markets and we are implementing a very potent turnaround. Indians love fashion and India is becoming a strategic market for us more and more because it’s bringing a message and benefit to the company around the world and across the board.”…
• Zara owner Inditex seen outshining H&M in fast-fashion showdown
  16 Mar 2023, retail.economictimes.indiatimes.com
  Both H&M and Inditex have been forced to hike their prices as the cost of producing garments increased, but Inditex – whose other brands include Massimo Dutti, Pull & Bear, and Oysho – has been better able to keep selling clothes at higher prices…
• We expect 15-20% YoY volume growth for next 3-4 years, says Praveen Jaipuriar, CEO, CCL Products (India)
  16 Mar 2023, retail.economictimes.indiatimes.com
  CCL, known as Continental Coffee Limited, follows a cost-plus model, speaking of which Jaipuriar said, “We majorly focus on volumes as value growth becomes its derivative eventually because the coffee prices keep changing in the market.” So, he expects a value growth of about 40-45 per cent by the end of this fiscal…
• Dairy sector to see robust sales growth with early onset of summer
  16 Mar 2023, retail.economictimes.indiatimes.com
  While demand has risen, supply of milk in the country has been decreasing, in part due to prevalence of lumpy skin disease, increase in cattle feed cost and higher export of ghee and butter in the previous year. During this period, several dairy firms have increased milk prices by Rs 2 per litre four to five times…
• Rajdhani Foods enters breakfast and snacking segment
  16 Mar 2023, retail.economictimes.indiatimes.com
  The company, known for its flagship Rajdhani Besan, has launched products such as corn flakes, choco flakes, oats, roasted chana, makhana, and sabudana. The retailer claimed that it uses fresh and hand-picked ingredients, which are packed and processed in hygienic conditions with advanced equipment, ensuring that no impurity is left behind…
• Metro Cash & Carry India launches learning platform to drive awareness about kirana digitisation
  16 Mar 2023, retail.economictimes.indiatimes.com
  “Five years ago, we brainstormed and conceptualized our ‘Smart Kirana program’ wherein our aim was to help kiranas transform by digitalizing and modernizing their operations. Kiranas saw huge value in our program after witnessing over 40-50 per cent growth in their sales and improved cash flows and footfalls,” commented Arvind Mediratta, MD & CEO, Metro Cash & Carry India…
• Urban Ladder aims to double store count by March 2024
  16 Mar 2023, retail.economictimes.indiatimes.com
  “We are extremely elated to open our 50th Urban Ladder retail store in India, and we hope that it is only the first of many milestones to come. We have a robust expansion plan to cater to consumers across various metro and non-metro markets,” commented Nishant Gupta, CBO, Urban Ladder…
• Xiaomi’s slow shift in India to premium smartphones helps Samsung steal its crown
  16 Mar 2023, retail.economictimes.indiatimes.com
  While Xiaomi remained focused on selling mobile phones under 10,000 rupees ($120), Indian consumers were willing to pay up for better looking models with richer features. South Korea’s Samsung launched products to meet those aspirations and offered innovative financing schemes that made them affordable to most…
• Versicles Unveils Innovative Retail Solutions at Aahar International Fair
  16 Mar 2023, hindustantimes.com
  VendNGo enables customers to place orders from multiple restaurants at once and then facilitates the delivery of the food to a pickup kiosk…
• Qpay Emerges Top Choice For Digital Payments In Rural India
  16 Mar 2023, theblunttimes.in
  Located in India, this digital mobile payment system facilitates a wide range of transactions, including mobile recharges, postpaid, DTH, gas bookings, electricity bills, FASTag, loan payments, and broad-line/landline connections…
• TimeVallée, Tata group in alliance for luxury watches
  16 Mar 2023, livemint.com
  Swiss luxury goods group Richemont has partnered with the Tata group to launch its digital multi-brand boutique, TimeVallée, in the Indian market that will offer six luxury watch brands—Cartier, Piaget, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, and Roger Dubuis…
• M3M India acquires 3-acre land for Rs 250 crore in Noida
  16 Mar 2023, moneycontrol.com
  The real-estate firm plans to develop a 9-lakh sq ft commercial project in Noida Sector 72. The company believes the demand for studio apartments will be strong in this part of Noida as many IT companies are located here…
• Hitachi Expands Offline Presence in Delhi NCR
  16 Mar 2023, indianretailer.com
  Cementing its leadership position in North India, Johnson Controls-Hitachi Air Conditioning India, manufacturer of one of India’s largest-selling air-conditioner brands ‘Hitachi Cooling and Heating’ is planning to widen the presence of its exclusive brand outlets across the region…
• India to help add cool quotient to Benetton as part of CEO Massimo Renon’s global strategy
  16 Mar 2023, economictimes.indiatimes.com
  The global chief executive of Benetton Group said India is critical for rebuilding the “coolness” quotient of the Italian clothing brand globally, part of its wider strategy to turn the retail chain around and fight back against fast fashion rivals…
• Praakritik Launches Delivery of Organic Fruits and Vegetables in Bangalore
  16 Mar 2023, indianretailer.com
  Praakritik has tied up with Bhoomi India Agtech Pvt. Ltd to diversify its product offerings by launching organic fruits and vegetables on its platform…
• SBI Collaborates with Pay Point India to Setup Kiosk Banking in Retail Stores
  16 Mar 2023, digitaljournal.com
  In an endeavour to attain financial inclusion across the country, State Bank of India and Pay Point India leverage the retail network to setup kiosk banking services in remote areas…
• Mufti Expands Product Portfolio, Unveils Spring Summer Collection 23
  16 Mar 2023, indianretailer.com
  Mufti, airborne since 1998, has redefined men’s fashion with its unique and fresh designs. Mufti has always given its customers something different to wear every season. So, this spring and summer season it brings you a brand-new collection of men’s wear SS23 to glam up your wardrobe with style quotient. ..
• Wakao Expands Product Portfolio, Introduces The Continental Burger Patty
  16 Mar 2023, indianretailer.com
  Indulge in a novel culinary experience that is not only delectable but also sustainable and ethically sourced – it’s time to tantalize your taste buds with Wakao Foods’ latest creation, the Continental Burger Patty…
• CCI clears Reliance’s $344 million buy of Metro’s local business
  15 Mar 2023, retail.economictimes.indiatimes.com
  The deal, announced nearly three months ago, will help Reliance strengthen its wholesale format and cement its position as the biggest player in India’s burgeoning retail industry with stores spanning electronics, groceries and fashion…
• Toys ‘R’ Us shuts store within 24 hr of opening in Hyderabad
  15 Mar 2023, retail.economictimes.indiatimes.com
  New Delhi, Mar 14 (PTI) American toy and clothing retailer Toys ‘R’ Us is said to have shut within 24 hours a store it opened in Hyderabad to mark its second entry into India over some legal complexities with the mall owner, sources said…
• Puma outsells rivals to log 46% rise in revenue
  15 Mar 2023, retail.economictimes.indiatimes.com
  A year ago, it had sales of ₹2,044 crore. The retailer said increasing awareness about fitness and surging demand for athleisure wear helped the segment while increasing travel boom led to people spending more on casual wear. ..
• B2B grocery marketplace Jumbotail raises Rs 75 cr debt
  15 Mar 2023, retail.economictimes.indiatimes.com
  The e-tailer plans to use the funds to build sourcing capabilities and invest in AI-driven technologies to drive higher customer wallet share and further grow their net revenues by 100 per cent, on the back of going deeper in the cities to connect with kiranas and retailers. The company targets to expand its retailer base and reach over 80 per cent of penetration of the addressable market from the current 60 per cent in the next 12 months…
• Bikano aims Rs 1,800 cr turnover in FY24, focuses on expansion in North & East regions
  15 Mar 2023, retail.economictimes.indiatimes.com
  This new plant will help Bikano’s long-term strategy, which is a focused expansion in the northern and eastern regions of the country. It will meet the increased demand from the region and expand its market footprint. “By setting up a new facility, the company plans to improve its supply chain efficiency, reduce transportation costs, and better serve its customers in the northern part of the country,” the company said in a statement…
• Summer Rush: Consumer companies’ production in top gear
  14 Mar 2023, retail.economictimes.indiatimes.com
  White goods makers are increasing production and running their cooling product line of air conditioners, refrigerators, coolers and chest freezers at 90-100% capacity compared with 60-70% in January-February. Even fast-moving consumer goods (FMCG) and beer companies are running their assembly lines at full steam…
• Tata Consumer Products to continue focusing on the FMCG segment, says Puneet Das, President – Packaged Beverages
  15 Mar 2023, retail.economictimes.indiatimes.com
  Puneet Das, President – Packaged Beverages (India and South Asia), Tata Consumer Products said, “We have taken this hyperlocal approach as we want to leverage our regional expertise at the national stature.”..
• Fragrance and flavour industry to touch over $5 bn in 3-4 years: Industry body
  15 Mar 2023, retail.economictimes.indiatimes.com
  The fragrance and flavor industry in India is likely to grow at a rate of 12% each year over the next three to four years, reaching a size of over USD 5.2 billion by the end of this period. This growth is being driven by factors like rising disposable incomes and changing consumer preferences. The major user industries of this segment are food and beverages, personal care, homecare, pharmaceuticals and cosmetics, and these include major multinational companies, domestic companies and small businesses…
• Maggi NFTs to be launched in OneRare Foodverse
  15 Mar 2023, thehindubusinessline.com
  Nestle India will be launching Non-Fungible Tokens (NFTs) of its brand Maggi in the OneRare Foodverse. Under this partnership, Maggi will launch their iconic offerings — recipes made with Maggi Noodles, Masala-ae-Magic, and Hot & Sweet — as NFTs that can be used in the foodverse…
• IIPA and Amazon India Sign MoU
  15 Mar 2023, adgully.com
  The Indian Institute of Public Administration (IIPA) and Amazon India today signed a memorandum of understanding (MoU) to explore collaboration on several joint initiatives, aimed at empowering consumers to shop online with greater confidence…
• Bagline Expands Offline Presence in Bengaluru and Hyderabad
  15 Mar 2023, indianretailer.com
  Bagline is bringing the exclusive Tommy Hilfiger Travel Gear collection of luggage, backpacks, business cases, and wallets to Bengaluru and Hyderabad! The well-known brand from Brand Concepts Limited has expanded its footprint to South India with two lavish new stores in Bengaluru and Hyderabad…
• Versicles is launching new Smart Kiosk and Click & Collect Retail Solutions at Aahar International Fair in Delhi
  15 Mar 2023, theprint.in
  VendNGo’s platform will be displayed at AAHAR, the International Food and Hospitality Fair in Delhi, from March 14-18, 2023. AAHAR is one of Asia’s best-known brands in food and hospitality shows. And it is a well-known destination for global vendors and sourcing professionals…
• Reliance Retail, other top brands eye ‘Value’ space after Zudio’s succes
  15 Mar 2023, economictimes.indiatimes.com
  The success of Tata Group’s Zudio that sells clothes below Rs 1,500 has prompted Reliance, Shoppers Stop and several global brands to enter the mass-priced retailing segment…
• VAHDAM India Forays into the Spice Market, Introduces VAHDAM Spices
  15 Mar 2023, indianretailer.com
  VAHDAM India has announced the launch of VAHDAM Spices, a new product category for the company with the mission to innovate the spices industry…
• Pansari Group Unveils Mojee Syrup Range, Expands Product Portfolio
  15 Mar 2023, indianretailer.com
  Pansari group has launched its latest range of Syrups named “Mojee” at Asia’s biggest International Food and Hospitality fair “AAHAR-2023”. The syrup will be available in 9 different flavors, including Mojito Mint, Bubblegum, Passion fruit, Blue Curacao, Green Apple, Grenadine, Peach, Watermelon, and Triple Sec…
• OnePlus Expands Offline Presence with OnePlus Experience Store in Trivandrum
  15 Mar 2023, indianretailer.com
  OnePlus has announced the launch of its first OnePlus Experience Store in Trivandrum, Kerala. The launch of the new OnePlus Experience Store is in line with the brand’s efforts to strengthen its offline presence and create new retail touchpoints for consumers to engage with the brand on a more intimate level…
• Tata Consumer Products Expands Product Portfolio with New Tea Range
  15 Mar 2023, indianretailer.com
  Tata Consumer Products Limited launched Tata Tea Premium – Street Chais of India, a range of teas celebrating the unique flavors inspired by the streets of India. The launch event was held at Sultanpur Metro station, where Puneet Das, President – Packaged Beverages (India and South Asia), Tata Consumer Products, unveiled the new tea range…
• Chumbak Onboards Circular Technology Product Relove
  15 Mar 2023, indianretailer.com
  Bangalore-based design-centric brand Chumbak has onboarded circular technology product Relove. Relove allows Chumbak customers to re-sell their pre-loved Chumbak products to interested buyers on the Chumbak website…
• Silvostyle by PNG Expands Offline Presence in Pune
  15 Mar 2023, indianretailer.com
  Silvostyle by PNG announced the launch of its first stand-alone Flagship store, in Aundh, Pune, which will offer a wide range of Sterling silver High fashion jewelry. The 500 sq.ft store will be the brand’s flagship store in its hometown of Pune…
• Pabrai’s Expands Product Portfolio, Unveils Packaged Liquid Nalen Gur
  15 Mar 2023, indianretailer.com
  Pabrai’s Fresh and Naturelle Ice Creams, known as the inventors of Nalen Gur Ice Cream, has launched packaged Liquid Nalen Gur to help its customers elevate their household dessert experience…
• NETGEAR Expands Product Portfolio with the New Orbi RBK863
  15 Mar 2023, indianretailer.com
  NETGEAR has introduced a new addition to its Orbi line. The Orbi 863 Series builds on the award-winning Orbi 850 Series by future-proofing the best seller with a 10Gb Ethernet port, supporting multi-gig internet connections; upgraded antenna design for greater Wi-Fi performance, and a bundled year of NETGEAR Armor, providing homes with an automatic shield of security against internet threats across every connected device…
• DishiS Jewels Expands Product Portfolio, Unveils New Ring Collection
  15 Mar 2023, indianretailer.com
  DishiS Jewels has announced the launch of its latest collection of Rose-Pattern Rings. These beautiful rings perfectly blend timeless elegance and modern design, making them the ultimate accessory for any occasion…
• Meatzza Expands Product Portfolio with its Ready-to-cook Range
  15 Mar 2023, indianretailer.com
  Meatzza has introduced the nazakat of Old Delhi Biryani, over a century-old recipe, with Shahi Daawat Mughlai Chicken and Mutton Biryani, to every Indian household from Kashmir to Kanyakumari…
• CaratLane Expands Product Portfolio with En Vogue
  15 Mar 2023, indianretailer.com
  CaratLane has launched it’s brand new and beautiful collection, En Vogue. This collection is conceptualized, designed, and brought to you for the woman who wants to be a source of aspiration because of her global fashion sensibilities…
• Amazon cracks deal with DLF Downtown, Jayabheri Properties to acquire eight lakh sq ft space
  14 Mar 2023, retail.economictimes.indiatimes.com
  According to a lease registration document shared by Propstack, Amazon will be paying a rent of Rs 45 to Rs 52 per sq. ft. for the Orange Towers property in Hyderabad, while the Downtown property in Gurugram will attract a rent of Rs 110.5 per sq. ft. for the lease period…
• All eyes on new HUL Chief Rohit Jawa as FMCG market battles disruptive challenges
  14 Mar 2023, retail.economictimes.indiatimes.com
  HUL’s revenue growth over the past several quarters has been price-led rather than volume driven. However, price increases have a limit and beyond that limit they start hurting consumption. Small sachet packs cannot be the panacea for spurring volumes among the rural and urban poor consumers. In such a scenario, Jawa has his task cut out. One is to ramp up the acquired brands-right from the brands from GSK Consumer Healthcare to the latest DTC brands Oziva and Wellbeing Nutrition…
• How national logistics policy paves way for the Growth of the supply chain & logistics sector
  14 Mar 2023, retail.economictimes.indiatimes.com
  #etretailscs The Valedictory Keynote Address was delivered by Dr. Surendra Ahirwar, Joint Secretary, DPIIT was on How National Logistics Policy paves way for the Growth of the Supply Chain & Logistics Sector…
• Godrej Locks aims to grow its digital locks biz to Rs 100 cr in next 3 years
  14 Mar 2023, retail.economictimes.indiatimes.com
  Godrej Locks and Architectural Fittings and Systems reported a revenue of Rs 830 crore in FY 2022 and Rs 650 crore in FY 2021. “In 2021-22 and 2022-23, we’ve added Rs 180 crore each year in our topline. This year too we’ll be adding another Rs 180 crore.” B2B contributes about 10 per cent to lock’s sales for the company, while B2C is about 87 per cent. Under B2C, the brand retails across traditional trade and multi-category hardware stores, modern trade, and online…
• Wow! Momo Foods brings its 3 brands under one roof with Wow! Eats
  14 Mar 2023, retail.economictimes.indiatimes.com
  The company plans to launch 10 physical outlets of Wow! Eats in the Q1 of FY24. Apart from this, Wow! Eats app to be launched soon to enable online ordering, dine-in, and delivery from all the three brands…
• Etsy, other ecommerce companies feel squeeze of SVB collapse
  14 Mar 2023, retail.economictimes.indiatimes.com
  Approximately 0.5% of Etsy’s active sellers – or around 2,700 merchants – had their payments delayed on Friday after SVB’s collapse, according to Etsy…
• Inflation to impact profitability and growth: S&P Business Outlook Survey
  14 Mar 2023, retail.economictimes.indiatimes.com
  The headline value of the index or the net balance declined to 21% in February compared to 28% in October, indicating a weaker degree of optimism. The global average was 32%, whereas the emerging markets averaged 33%, as per the report released on Monday…
• How ‘Excuseflation’ is keeping prices and corporate profits high
  14 Mar 2023, retail.economictimes.indiatimes.com
  The question here is, in an economy where the consumer is spending freely, how sticky this ‘excuseflation’ will be and how high the Federal Reserve will have to raise interest rates to prompt businesses to reduce prices…
• Hindustan Unilever . Sanjiv Mehta gears up for next innings
  14 Mar 2023, thehindubusinessline.com
  Sanjiv Mehta, the outgoing MD and CEO at Hindustan Unilever Limited (HUL) is gearing up for fresh innings after he retires in June…
• Keynote Session: Rise of digitalized kiranas- Building supply chains for the new paradigm of India
  14 Mar 2023, retail.economictimes.indiatimes.com
  #etretailscs The Keynote Session of ETRetail Supply Chain Summit saw Mr. Arvind Mediratta MD & CEO, METRO Cash & Carry India in conversation with Ms. Charu Lamba, Senior Assistant Editor, ETRetail (Moderator)…
• Liquor vends to be auctioned in Himachal Pradesh after a gap of 5 years
  14 Mar 2023, retail.economictimes.indiatimes.com
  ​​​During the previous BJP regime liquor vends were not auctioned and the allotment was made by renewing the licence with an increase of 10 per cent every year. Highly placed sources told TOI that some liquor traders had approached the chief minister with the request to renew the licenses with annual increase of 10% but latter flatly refused…
• New beer brands make foray into state liquor market
  14 Mar 2023, retail.economictimes.indiatimes.com
  Having estimated that beer alone makes up nearly 16% of the cumulative annual IMFL sales of the state, these companies are launching their brands here to expand their clientele, primarily the youth. “There is an unavailability of several brands here, mostly due to supply chain issues…
• Kedaara Capital acquires majority stake in Oliva Skin & Hair Clinic
  14 Mar 2023, retail.economictimes.indiatimes.com
  This is Kedaara’s third investment in the single speciality healthcare segment, and the transaction will provide an exit to InvAscent, which invested in the company in 2014, the statement said. The statement said Avendus has been the exclusive financial advisor for the transaction…
• Summer hiring spree: Consumer durable firms to increase workforce by upto 30% to support season sales
  14 Mar 2023, financialexpress.com
  Brands across the segment expect demand surge due to the early onset of summer season. A few firms like Haier, Panasonic, Voltas are looking at hiring temporary as well as permanent employees, while others like Godrej Appliances will manage the surge with existing workforce…
• 5 reasons why NRIs should consider Pune for realty investments in India
  14 Mar 2023, financialexpress.com
  Pune has always been Mumbai’s reasonable and affordable replacement and its housing market has shown consistent growth…
• The consumption kaleidoscope: what’s driving the rise in India’s retail sector
  14 Mar 2023, retail.economictimes.indiatimes.com
  ​India’s GDP (constant prices) per capita in PPP terms grew 4.5 percent year-on-year over the past 30 years, which has led to most consumer categories becoming 3.5 times larger than they were in 1991. And as the per capita income crosses the $2,000 threshold, consumption is expected to trend upward in line with other developed countries. Signs of this are already visible: the gross domestic savings rate dropped from 34 percent in 2007 to 29 percent in 2021—and a savings loss is a consumption gain…
• Travel and lifestyle retail brand Bagline launches new store in Bengaluru & Hyderabad
  14 Mar 2023, retail4growth.com
  The Bengaluru store is located on the second ground floor of Mantri Square Mall, while the Hyderabad Store is located on the first floor of the sprawling Sarath City Capital Mall in HITEC City…
• Personal Care Brand Brillare Now Offers 100 pc Ingredient Transparency
  14 Mar 2023, indianretailer.com
  Brillare, a truly 100 percent natural beauty and personal care brand, offers quality products, made with all-natural ingredients and formulated for high-performance yet safe results…
• Promate joins hands with Sangeetha Mobiles to boost it’s retail footprint in India
  14 Mar 2023, newspatrolling.com
  Promate, a global leader in Mobile Accessories, has partnered with Sangeetha Mobiles, India’s leading multi-brand retail chain, to strengthen its retail presence in India…
• Shoppers Stop appoints Kavindra Mishra as chief commercial officer for external brands and CEO for Home Stop
  13 Mar 2023, retail.economictimes.indiatimes.com
  Prior to joining the department store chain, he worked as a managing director and CEO at The House of Anita Dongre. He was previously associated with retail brands including Pepe Jeans, Zovi.com, United Colors of Benetton, Tommy Hilfiger and more…
• Ace Turtle in partnership with Flipkart launches American toy retailer Toys“R”Us in India; opens store in Hyd
  13 Mar 2023, retail.economictimes.indiatimes.com
  Toys”R”Us is a New York based toy, clothing, and baby product retailer. Ace Turtle in 2021 formed a joint venture with Flipkart and secured licensing rights for Toys“R”Us and Babies“R”Us in India…
• Asus India eyes to be a market leader in consumer notebook segment in 2023; to expand offline presence to 300 exclusive stores
  13 Mar 2023, retail.economictimes.indiatimes.com
  According to a report by market intelligence firm IDC, Asus India already reached second position in the category behind HP and ahead of Lenovo with a market share of 20.6 per cent in the third quarter last year. The company hopes to maintain its share at about 20 per cent to lead the category this year…
• Welspun India seeking to tap opportunity in kids segment through pact with The Walt Disney Company: CEO
  13 Mar 2023, retail.economictimes.indiatimes.com
  Welspun India is seeking to tap opportunities in the kids segment through its licensing pact with The Walt Disney Company. The company, which had signed a brand licensing agreement with Walt Disney in January for the Europe and the UK market this year, also sees an increase of shelf space of licensed brands as compared to its private labels…
• Indian soft drink market expected to see significant growth, says PepsiCo bottler Varun Beverages
  13 Mar 2023, retail.economictimes.indiatimes.com
  Varun Beverages Ltd. is PepsiCo’s largest franchise bottler in India. The company is in the process of further expanding its capacities to meet the higher demand expectations, which is expected to drive significant growth across all product categories. This growth is being driven by factors such as shifting population demographics, the rising spending power of young consumers, accelerated urbanization, and growing rural consumption…
• Cigarette, alcohol sales shine in inflation-hit weak FMCG market
  13 Mar 2023, retail.economictimes.indiatimes.com
  Stability in taxes and stringent action by the government on illicit and smuggled cigarettes helped expand the size of the duty-paid cigarette market. There was no steep increase in taxes on cigarettes since July 2017. The government increased taxes in the latest budget, but the net impact of it is less than 1%…
• E-grocery market. Walmart’s key revenue driver Flipkart plans big thrust on groceries
  13 Mar 2023, thehindubusinessline.com
  Flipkart, which has a GMV of about $23 billion, is also aiming to increase its presence in smaller cities, to raise its customer base in tier 2,3 cities to 90 per cent from 70 per cent now…
• Offline sales bring 10-15% of revenue, eyeing 2.5x online sales growth by year end, says Sirona founder
  13 Mar 2023, financialexpress.com
  While the brand’s foray into offline retail has been recent, Sirona is focusing on its offline network of product offerings. “Keeping this in mind, we want to grow our offline channel from base to 70-80 per cent till the end of this financial year,” Deep Bajaj said…
• IBM Consulting bets on retail, manufacturing and public sectors for growth in India
  13 Mar 2023, thehindubusinessline.com
  Transformation is happening across sectors says Kamal Singhani, Country Managing Partner – IBM Consulting, India/South Asia…
• Commercial EV startup Altigreen opens first retail experience centre in Mysuru
  13 Mar 2023, economictimes.indiatimes.com
  Venture capital-backed commercial EV startup Altigreen has entered the Mysuru market by opening its new retail experience centre, Mysore-Magnum Ventures….
• Why India’s knitwear capital is in doldrums
  13 Mar 2023, livemint.com
  Until a fortnight ago, 27-year-old D. Balaji was the production in-charge of a medium-sized hosiery unit in Tiruppur, earning ₹23,000 a month. He is now driving a taxi. The hosiery unit had to let him go after its business plummeted in recent months. “I am looking for another job but not sure when I will find one,” says Balaji.​..
• Toys”R”Us returns – Ace turtle launches new store in India
  13 Mar 2023, retail4growth.com
  The new Toys“R”Us retail store has been launched at Sarath City Capital Mall in the HITEC City area of Hyderabad and customers across India can also now shop on toysrus.in.​..
• Affordable French apparel company Kiabi plans India foray
  13 Mar 2023, brandequity.economictimes.indiatimes.com
  Kiabi is owned by The Association Familiale Mulliez (AFM), the holding company of the Mulliez family, which also control Decathlon, Auchan supermarket and about a dozen other retail brands.​..
• HUL appoints Rohit Jawa as CEO, to succeed Sanjiv Mehta
  11 Mar 2023, retail.economictimes.indiatimes.com
  Rohit Jawa will take over as the new Managing Director & CEO of HUL from 27th June, 2023. He will join the company as CEO designate and Whole-time Director from 1st April, 2023. Rohit will also take over as President, Unilever South Asia.​..
• Reliance’s Campa Cola may start off a price war this summer
  11 Mar 2023, retail.economictimes.indiatimes.com
  This is the first time Coca-Cola and PepsiCo are being challenged in India – a market they have dominated since the early 1990s…
• Mensa Brands eyes omnichannel growth for Dennis Lingo and Pebble
  11 Mar 2023, retail.economictimes.indiatimes.com
  Mensa Brands bought Dennis Lingo – a men’s casual wear brand – around 18 months ago and since then the brand has grown 6x in top line and continues to be EBITDA positive. Whereas for Pebble, Mensa has observed 200 per cent growth since its acquisition in June 2022…
• Indian textile industry: The silent cash cow
  11 Mar 2023, retail.economictimes.indiatimes.com
  Textiles are one of the few industries to throw huge employment opportunities to both the skilled and unskilled workforce – over 45 million direct jobs and another 100 million opportunities in allied sectors. It is also one of the primary sources of employment to include women, especially in rural India. As the 2030 timeline for achieving the United Nations’ 17 Sustainable Development Goals draws closer, women employment and empowerment have assumed priority on the government’s list, and arguably, there cannot be a better sector to realise this dream, especially at a time when India moves towards Amrit Kaal…
• Need to give special attention to quality of products for export and domestic markets: Goyal
  11 Mar 2023, retail.economictimes.indiatimes.com
  “We need to stop using low-quality products. We need to increase our scale and focus on quality,” the commerce and industry minister said. Goyal asked the industry bodies to participate actively in consultations that will help consumers get the right quality of products…
• Affordable French apparel company Kiabi plans India foray
  11 Mar 2023, retail.economictimes.indiatimes.com
  Kiabi is owned by The Association Familiale Mulliez (AFM), the holding company of the Mulliez family, which also control Decathlon, Auchan supermarket and about a dozen other retail brands…
• Lux Industries sets eyes on expanding multi-channel footprint and exports
  11 Mar 2023, thehindubusinessline.com
  Lux Industries is currently present across 46 countries and plans are afoot to increase the count to 60 countries by 2025…
• Bisleri International aims to scale up revenues, capacity
  11 Mar 2023, thehindubusinessline.com
  Bisleri International aims to more than double its sales from pre-pandemic levels by FY26 on the back of deepening distribution in the top districts of the country and ramping up its manufacturing capacity. It is also going to step up focus on its carbonated drink portfolio…
• Festive cheer: 35% jump in liquor sales in Kolkata
  11 Mar 2023, retail.economictimes.indiatimes.com
  The sale of liquor surged by almost 35% during Dol and Holi this year compared to previous years, according to estimates of those associated with the industry…
• Increase surveillance, random sampling of food items to check adulteration: FSSAI tells states
  11 Mar 2023, retail.economictimes.indiatimes.com
  Food Safety and Standards Authority of India (FSSAI) Chief Executive Officer (CEO) “encouraged states/UTs to increase the regular surveillance, monitoring, inspections and random sampling of food products and their compliance with the laid down standards”, according to a statement…
• AArzooo to launch its own products in smart range of home appliances and electronics
  11 Mar 2023, retail.economictimes.indiatimes.com
  Arzooo’s at present has a distribution reach to over 40,000 retail stores. The company with its own range of products will try to address product offerings and affordability gaps for consumers…
• A French Culinary Journey awaits you at a new address: PAUL at Select CITYWALK New Delhi
  
  11 Mar 2023, business-standard.com
  PAUL, the globally acclaimed French restaurant, is now open at Select CITYWALK, Delhi’s most admired shopping center. The latest launch is an addition to a growing food and beverage portfolio for Select CITYWALK, which has recently witnessed multiple new national and international brands opening their doors for patrons…
• NAGPUR CELEBRATES UNVEILING OF WORLD TRADE CENTER NAGPUR
  11 Mar 2023, rprealtyplus.com
  Nagpur celebrated the unveiling of the World Trade Center (WTC) in the city. Home to Fortune 500 companies, the biggest names in retail and business, and an address that needs no pin code to identify; WTC Nagpur was unveiled to an august gathering at Hotel Center Point, Nagpur…
• India’s retail realty scaling greater heights
  11 Mar 2023, constructionweekonline.in
  India’s retail real estate sector is showing an upward trend, with more and more brands expanding their footprints and new global brands making inroads into the Indian market. A growing urban population and the growth of organised retail have contributed to this trend…
• Affordable French apparel company Kiabi plans India foray
  11 Mar 2023, economictimes.indiatimes.com
  Affordable French apparel brand Kiabi, which is present in about 15 countries, is in talks to enter India market, three people aware of the development said…
• Why modern retail trade has not been able to break the stronghold of kirana stores in India
  11 Mar 2023, economictimes.indiatimes.com
  India’s humongous retail market, estimated to be worth more than $800 billion in 2020, has attracted investments from leading international retailers, the biggest Indian conglomerates, and even first-time entrepreneurs…
• FedEx to Open First ACC in India
  11 Mar 2023, indianretailer.com
  FedEx has announced plans to open its first Advanced Capability Community (ACC) in Hyderabad, India in 2023. The opening is part of a broader multi-year initiative to strengthen the recruitment and development of the company’s diverse workforce all around the world and build a more efficient and agile organization to enhance how we deliver for our customers…
• Hy-Vee Expands Offline Presence in India, Opens Global Capabilities Center
  11 Mar 2023, indianretailer.com
  Hy-Vee Inc has officially opened its new Global Capabilities Center, Helpful Smiles Technology (HST) Global, in Bengaluru. The HST Global team will work in conjunction with Hy-Vee’s U.S. technology teams to develop and deliver innovative technology solutions that help make customers’ lives easier, healthier, and happier…
• LONG READS
  Return Of The FMCG Giants
  11 Mar 2023, fortuneindia.com
  OVER 25% OF DEMAND for Hindustan Unilever (HUL) has come from digital channels in the past year. The ₹52,446 crore revenue fast moving consumer goods (FMCG) company has also launched five digital-first beauty brands…
• Arzooo Partners with Dixon, Plans to Launch Consumer Durables Products
  11 Mar 2023, indianretailer.com
  Consumer durable marketplace Arzooo is foraying into the consumer durables category with a focus on building a smart range of home appliances. These next-generation products will come with new-age technology, superior quality, and designs. Congruous with the new business proposition, Arzooo has partnered with prominent players in electronic manufacturing – Dixon, Amber Group, and more…
• Lakme Salon Expands Product Portfolio with BENEATH
  11 Mar 2023, indianretailer.com
  Lakmé Salon has launched the hair and makeup collection – BENEATH – in collaboration with ace designer Vaishali S, at the latest edition of Lakmé Fashion Week X FDCI in partnership with FDCI…
• Bagrrys India Expands Product Portfolio with Organic Honey
  11 Mar 2023, indianretailer.com
  Bagrrys India Private Limited has announced the launch of Bagrry’s Organic Wild Honey. By foraying into the premium honey and preserves category, the brand aims to enhance the overall experience of consuming 100 percent natural organic honey by providing a wholesome and nutritious solution. Thereby improving the health and well-being of its consumers. With this launch, the brand extends its product portfolio into new categories…
• New Linen Club store opens in Lucknow
  11 Mar 2023, apparelresources.com
  A new exclusive brand outlet of clothing brand Linen Club has opened in Lucknow at Lulu Mall. The full selection of men’s ethnic and fusion wear is being retailed at the store, all of which are made of linen…
• ADIA nears buying $500-million stake in Lenskart: report
  10 Mar 2023, retail.economictimes.indiatimes.com
  Lenskart is set to close its funding round amid a global rout for tech companies that’s prompted layoffs in the thousands, depressed investment activity and shaved billions off the valuations of once high-flying startups. The company has grown into India’s largest optical brand and is backed by KKR & Co., SoftBank Group Corp., Temasek Holdings Pte and Premji Invest, among others…
• Campa is back! Reliance announces launch of iconic beverage brand for new-age India
  10 Mar 2023, retail.economictimes.indiatimes.com
  The launch of this brand is in line with the company’s strategy to promote homegrown Indian brands that not only have a rich heritage but also boast a deep-rooted connection with Indian consumers due to their unique tastes and flavours…
• Electronics prices cool off after 3 years as companies pass on benefit of lower input, freight costs to consumers
  10 Mar 2023, retail.economictimes.indiatimes.com
  Smartphone brands are offering 5-15% discount on some models with demand continuing to be low while refrigerator manufacturers like LG, Samsung and Haier have dropped prices of popular models including entry-level ones by up to ₹4,000…
• Rural demand hit but month–on-month, things getting better as feel-good factor emerges: Lalit Agarwal, V-Mart
  10 Mar 2023, retail.economictimes.indiatimes.com
  “At lower price points, products are getting much more attention and much more attraction. We are seeing consumers coming back to the lower price point product but there is still a little bit of concern and stress on the higher price point products. That is where consumers are not spending on the higher price point product and that is very logical.”…
• New e-commerce rules may block inventory-based sales
  10 Mar 2023, retail.economictimes.indiatimes.com
  The policy, which has been in the works for several months, has been revived with inter-ministerial consultations on the issue having begun over the last few weeks. Unlike the last time, when howls of protest by the e-commerce giants promoted the government to go slow, this time the consumer affairs department is moving with caution to ensure that there is no disruption…
• Gem, jewellery exports rise 24% to Rs 28,832 crore in Feb: GJEPC
  10 Mar 2023, retail.economictimes.indiatimes.com
  The total export of gold jewellery (plain and studded) rose 29.89 per cent in February to Rs 5,829.65 crore against Rs 4,488.30 crore in the year-ago period…
• IndiaArvind, Donear, 10 others in race to buy Bombay Rayon
  10 Mar 2023, retail.economictimes.indiatimes.com
  Donear Group’s GBTL has bid for all assets, while Arvind has bid for all categories except equity of BRFL Textile, according to a list of applicants disclosed by resolution professional Satish Kumar Gupta on the company’s website. Welspun’s Nakoda Cotton Industries submitted EoI for all categories except equity and bonds of BRFL Textile…
• Nandus crosses Rs 100 cr revenue in 10 months; eyes Rs 200 cr for next fiscal
  10 Mar 2023, retail.economictimes.indiatimes.com
  Currently, the hyperlocal brand operates 50 plus stores across Bengaluru and Hyderabad. It plans to launch 20 new omnichannel outlets in the next financial year….
• U.S. grocery retailer Hy-Vee opens capability centre in BLR
  10 Mar 2023, retail.economictimes.indiatimes.com
  Hy-Vee, which claims to be one of America’s top 3 grocery store chains, runs more than 550 retail outlets across eight states in the United States and records sales of more than USD 13 billion annually…
• Rules for invasive gadgets likely under Digital India Act: Rajeev Chandrasekhar
  10 Mar 2023, retail.economictimes.indiatimes.com
  The draft of the Digital India Act will be firmed up after two more rounds of discussion with stakeholders, the minister said after the first consultation in Bengaluru…
• Noida region continues to be among India’s most preferred investment markets – Here’s why
  10 Mar 2023, financialexpress.com
  The region of Noida, which is situated close to Delhi and spread across 1400 sq km, will continue to be one of the most favored investment markets in India, not just for big investors and corporates but also retail investors, HNIs, and smaller business owners, among others…li>

• Digital & Tech ‘Propel’ Retail and FMCG Sectors to Reinvent in the New Normal
  10 Mar 2023, indianretailer.com
  As FMCG and retail brands rebound post-pandemic with increased consumer spending, there is an evolving consumer behavior influenced by technology and digital providing quick access, delivery, and convenience, and consumption patterns are more nonlinear backed with constant connectivity,…
• Decoding organised modern trade retail: How different store formats work for Bharat and India
  10 Mar 2023, economictimes.indiatimes.com
  India’s grocery market is full of opportunities and challenges unique to the country. A population of 1.4 billion people and a market size of $800 billion make it one of the most lucrative markets…
• Timezone Expands Offline Presence in Kerala
  10 Mar 2023, indianretailer.com
  “God’s Own Country” is ready to witness a new era of entertainment with the arrival of the much anticipated Timezone, the premier Australian family entertainment center brand that has been delighting guests all across the Asia Pacific. The sprawling 18,000+ sq. ft. vibrant gaming zone has made its debut at HiLite Mall in Calicut and boasts – of the latest gaming options, rides, and attractions which are ideal for all age groups…
• Marie Claire Paris Expands Offline Presence, Opens Store in Indore
  10 Mar 2023, indianretailer.com
  Marie Claire Paris Salon has forayed into Madhya Pradesh with the launch of its first salon at Vijaynagar, Indore which is owned by Kartavya Yadav. The unisex Salon follows a Parisian culture, inspired by the Paris Fashion Week…
• PVR Cinemas Expands Offline Presence, Opens 11-screen Multiplex in Chennai
  10 Mar 2023, indianretailer.com
  Film exhibition company PVR Cinemas post the merger with INOX Leisure Ltd has opened an 11-screen multiplex at Phoenix Market City, the company said. The opening of the 11-screen multiplex also made the exhibition company breach the 100-screen milestone in the city following the merger with INOX Leisure, PVR Cinemas said…
• Shiseido partners Shoppers Stop to expand its footprint in India
  10 Mar 2023, retail4growth.com
  Shiseido Asia Pacific Pte. Ltd. has signed a strategic distribution partnership agreement with Global SS Beauty Brands Limited, a subsidiary of Shoppers Stop, through which the Shiseido Group will launch its global make-up brand NARS Cosmetics in key cities in India.
• India likely to surpass China as largest international market this year: Walmart CFO
  09 Mar 2023, retail.economictimes.indiatimes.com
  Walmart CFO John David Rainey said ecommerce marketplace Flipkart and online payments app PhonePe, both owned by Walmart, are market leaders and that both companies have huge opportunities to tap going forward…
• Apple to shake up international sales operations to make India its own region
  09 Mar 2023, retail.economictimes.indiatimes.com
  The shift will mark the first time that India becomes its own sales region at Apple, which has seen demand surge in the country. That will give the Asian nation increased prominence inside the tech giant, according to the people, who asked not to be identified because the move hasn’t been announced…
• Zouk, The Chhaunk & JhaJi Store: Businesswomen who hit it big
  08 Mar 2023, retail.economictimes.indiatimes.com
  As there is a continuous shift of brands to online marketplaces, women now have an equal and realistic chance to make their mark in the D2C space. On this backdrop, the women leaders share their insights with ETRetail on the changing landscape in the retail industry…
• HUL to expand nano factories for D2C brands, premium products
  09 Mar 2023, thehindubusinessline.com
  FMCG major to set up two more factories in western part The factories have reduced the innovation lead time by 40 per cent, wastage by 30 per cent, and improved agility by 30 per cent with regards to the number of SKU made by HUL…
• Deliveroo to expand India Development Centre by 2023 end
  09 Mar 2023, retail.economictimes.indiatimes.com
  British online food delivery startup Deliveroo, which set up its largest tech hub outside UK with an India Development Centre (IDC) in the city in March 2022, plans to ramp up IDC headcount to over 200 by 2023 end from existing 140 techies…
• APEDA inks MoU with Lulu Hypermarket for export promotion of millets in GCC countries
  09 Mar 2023, fnbnews.com
  In a move to harness export potential of millets to the Gulf Cooperation Countries (GCCs), the Agricultural and Processed Food Products Export Development Authority (APEDA), that works under the Ministry of Commerce, Government of India, has signed a Memorandum of Understanding (MoU) with Lulu Hypermarket LLC…
• Cantabil Retail India Ltd. celebrates the launch of its 25th retail store launch in Pink City ‘Jaipur’
  09 Mar 2023, apnnews.com
  Cantabil Retail India Ltd., one of India’s leading apparel manufacturer and retailer, celebrated the grand opening of its 25th store in Jaipur. Spread across an area of 610 sq. ft., this brand’s store is located at one of Jaipur’s prime locations, the Mall of Jaipur, Vaishali Nagar and is easily accessible to customers…
• Crompton Greaves Revives India’s Ceiling Fans industry with Design and Operational Excellence
  09 Mar 2023, indianretailer.com
  Crompton Greaves has had a legacy 90 years old and counting in India. The top electrical consumer durables company has dominated the domestic fans business with a current market share of 27%. It has also acquired Butterfly, a kitchen and small domestic appliances brand, in March, 2022, and pledges to democratize energy efficiency now…
• India’s Retail Giant #Reliance to Accept CBDC at Stores – Latest Tweet by TechCrunch
  09 Mar 2023, latestly.com
  SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.
• Over 48% of women prefer cash over digital means: Report
  09 Mar 2023, livemint.com
  In an interesting insight, PayNearby, India’s leading branchless banking and digital network, today said that more than 10,000 women entrepreneurs have dispensed over ₹900 crores of financial services in the last financial year…
• D2C Silver Jewellery Startup GIVA Secures $4.8 Mn Debt Funding From Alteria Capital
  09 Mar 2023, inc42.com
  D2C silver jewellery startup GIVA has raised INR 40 Cr ($4.8 Mn) debt funding from venture debt firm Alteria Capital…
• International Women’s Day 2023: How women are influencing the landscape of the retail industry?
  08 Mar 2023, retail.economictimes.indiatimes.com
  As there is a continuous shift of brands to online marketplaces, women now have an equal and realistic chance to make their mark in the D2C space. On this backdrop, the women leaders share their insights with ETRetail on the changing landscape in the retail industry…
• B2B e-tailer Udaan doubles its staples biz, sees 45% QoQ growth
  08 Mar 2023, retail.economictimes.indiatimes.com
  Talking to ETRetail, Arvind Chari, business head (staples category) at Udaan said that the e-commerce platform saw a quarter-on-quarter growth of 45 per cent in its staples business. In terms of tonnage, he claimed that Udaan shipped more than 1.5 lakh tonnes of staple products during October–December quarter. While on a yearly basis, the company shipped over 9 lakh tonnes of products in the essentials category of which 7.5 lakh tonnes were staples…
• Online fashion retailer Zalando to focus on profitability after 2022 slump
  08 Mar 2023, retail.economictimes.indiatimes.com
  In February, ​Zalando said it was cutting hundreds of jobs across its workforce of 17,000, saying it had expanded too much and citing a difficult economic environment since the coronavirus pandemic…
• Emami eyes D2C bets in personal care, healthcare
  08 Mar 2023, livemint.com
  Emami Ltd is open to investing in more direct-to-consumer (DTC) brands, especially in personal care and healthcare segments, as the homegrown fast-moving consumer goods company looks at expanding presence beyond its core categories…
• 
  

  Walmart will derive more profit from services, ad sales in next 5 years: CFO

  
  08 Mar 2023, retail.economictimes.indiatimes.com
  More of Walmart’s future profitability is likely to come from its sales of ads on Walmart.com and from fees it collects from merchants using its online marketplace and delivery services, than from sales of merchandise at its 10,000 stores, its chief financial officer said on Tuesday…

• Room for growth if consumers take to proper oral care habits, says Colgate MD & CEO
  08 Mar 2023, thehindubusinessline.com
  Prabha Narasimhan took over as the MD & CEO of Colgate-Palmolive India in September 2022 after a long stint at HUL. She took over at a challenging time for the oral care major, with inflation crimping demand for consumer goods…
• Smartphone brands go slow on new model launches on muted demand
  08 Mar 2023, retail.economictimes.indiatimes.com
  The first two months of 2023 saw 28 major smartphone models introduced in the market, as compared to 36 in 2022, as per ET’s analysis. Out of them, 18 models are priced above ₹20,000, while six were launched in the ₹10,000-20,000 segment…
• Blue Star to take up expansion at Dadra and Sri City manufacturing facilities
  08 Mar 2023, retail.economictimes.indiatimes.com
  Blue Star Ltd., a home appliances company, is expanding its production facilities in Dadra and Sri City, Gujarat and Andhra Pradesh, respectively. The company expects to register about Rs 8,200 crore in revenue this year. The new initiatives undertaken by Blue Star include the production of deep freezers at its facilities in Dadra and Sri City…
• Unlocking a new dimension to its digiverse, DLF Malls introduces ‘Beyond The Brand’
  08 Mar 2023, contentmediasolution.com
  Adding to its vast digiverse of creativity & innovation, DLF Malls introduced a new approach to engage with and entertain its patrons by launching, Beyond The Brand, an interactive video web-series with Ms. Pushpa Bector, Executive Director, DLF Retail, as the host. The first season went on Friday, 3rd March, packaged as a four-part series, with episodes all set to release fortnightly with a focus on Curated Indian Brands…
• #EmbraceEquity: DLF Mall of India celebrates International Women’s Day 2023
  08 Mar 2023, apnnews.com
  Equity isn’t just a nice-to-have, it’s a must-have. A focus on gender equity needs to be part of every society’s DNA and it’s crucial to recognise the difference between equity and equality..
• Top 20 Most Promising Leasing Non-Residential Real Estate In India 2023
  08 Mar 2023, inventiva.co.in
  Real estate is a crucial component of any economy, serving as a tangible representation of economic growth and development. India’s real estate market is no exception, with a diverse range of non-residential properties available for businesses and investors looking to expand their operations and increase their revenue…
• Retail Outshines Most Industries across All Workplace Culture Aspects
  08 Mar 2023, indianretailer.com
  The retail sector is excelling in workplace culture in all aspects as compared to other industries such as technology, manufacturing, healthcare, food, and beverages, to name a few. The difference between retail and other industries ranges from 1 percent to 4 percent based on employee perception in a survey of over 1.7 lakh employees, including 78 percent men and 22 percent women, mostly between the ages of 26-24 years…
• Reliance Retail Eyes Offline Presence of Tira
  08 Mar 2023, indianretailer.com
  Reliance Retail plans to open offline stores of its soon-to-be-launched e-commerce beauty platform Tira also, a top company official said. The company would open its first offline Tira store in Mumbai and plans to expand its presence in the country, both in a ‘shop-in-shop’ format and standalone stores..
• ‘Strong rebound in physical retail stores’
  08 Mar 2023, livemint.com
  A person upgrading from bicycles to motorcycles is a real sign of progress for India, but its pace has slowed post the pandemic since covid and high inflation have impacted the lower segment in the country more than the higher segment, said Gautam Hari Singhania, chairman and managing director of Raymond Ltd…
• Spinny Expands Offline Presence, Opens Experiential Hub in Pune
  08 Mar 2023, indianretailer.com
  Spinny has announced the launch of Spinny Park, a one-of-its-kind experiential hub, at Post Wakad near Hinjewadi village, Pune. The park concept enhances the car-buying experience for customers in the city, through its handpicked car collection and expansive, state-of-the-art space..
• Cantabil Retail marks its 25th store milestone in ‘Pink City’
  08 Mar 2023, retail4growth.com
  Cantabil Retail, which has opened its 25th store in Jaipur, says it is eyeing Rs 1000 crore revenue with an increased focus on tier II- III markets and robust plans of expansion, opening 80 to 90 stores every year…
• Making Fashion-First, Accessibility and Inclusivity the New Normal in 2023
  08 Mar 2023, indianretailer.com
  The Indian footwear market has been on a boom for the last decade and this trend is expected to continue for the coming two decades. With changing patterns of consumption, India has become the second-largest consumer of footwear. While the global footwear market size is $224.6 billion, the Indian footwear market accounted for $23.73 Billion in 2022 and is poised to grow at 6.77 percent annually…
• Noise Collab with HRX Introduces Noise HRX Bounce Smartwatch
  08 Mar 2023, indianretailer.com
  With the aim of promoting a healthy lifestyle and making the running community more accessible, Noise partnered with HRX for their inaugural half marathon, which was held on March 5th, Sunday in Mumbai. Noise also launched Noise HRX Bounce at the marathon, its new smartwatch built for sport, encouraging consumers to make fitness a part of their everyday regime without having to compromise on the style element…
• Sid’s Farm Expands Product Portfolio, Introduces Packaged Sweet Lassi
  08 Mar 2023, indianretailer.com
  Sid’s Farm has announced the launch of its new product, ‘Sweet Lassi’, to coincide with the festive celebrations of Holi so that people may enjoy the season of giving and feasting with greater wholesomeness. The Sweet Lassi, packed in 200 ml recyclable food-grade disposable cups, is attractively priced at Rs 30 to appeal to both the young as well as the young at heart…
• Real estate projects becoming unviable due to high construction, capital cost: Tata Realty MD & CEO
  07 Mar 2023, retail.economictimes.indiatimes.com
  When asked about the factors making projects unviable, Dutt pointed out, “Real estate requires a lot of capital in India, first of all to acquire land. In major cities such as NCR, Mumbai and Bengaluru, it (land cost) is almost 50 per cent to 80-85 per cent of the project cost.”..
• Indian retail industry to reach USD 2 trillion by 2032: Reliance Retail Director Subramaniam V
  07 Mar 2023, retail.economictimes.indiatimes.com
  “The retail market is projected to grow at 10 per cent annually to reach a whopping 2 trillion by 2032 making it the fastest growing retail market of the world,” Subramaniam said at an event organised by industry body FICCI here…
• Good Glamm gets 90% stake in The Moms Co as founders exit
  07 Mar 2023, retail.economictimes.indiatimes.com
  The Moms Co founders to stay on board, can divest their pending 10% stake in the next one year…
• Reliance Retail plans offline presence of online beauty platform Tira
  07 Mar 2023, retail.economictimes.indiatimes.com
  According to sources, there could be several tech interventions at the proposed Tira stores, including customised recommendations and virtual try-ons. Tira could be retailing luxury products under a specialised category called Tira Red, he added. Last year, Reliance Retail Ventures Ltd (RRVL) bought a controlling stake in makeup and personal care brand Insight Cosmetics, which has the largest opening price points at leading e-commerce platforms such as Amazon, Flipkart and Nyka…
• FMCG industry hopeful of rural market bouncing back in coming quarters: Emami MD
  07 Mar 2023, retail.economictimes.indiatimes.com
  Moreover, after the pandemic, the fundamentals of the retail landscape have changed and companies have invested in digital transformation to be relevant and competitive, Agarwal said while speaking in a session of an event organised by industry body FICCI…
• Government to bring retail trade policy to promote ease of doing biz for traders
  07 Mar 2023, retail.economictimes.indiatimes.com
  The Department is also in the process of formulating an insurance scheme for all the retail traders. The accident insurance scheme would particularly help small traders of the country…
• Consumer companies see green shoots in rural belt in February
  07 Mar 2023, retail.economictimes.indiatimes.com
  ​​Rural demand has revived after more than six quarters in most segments, which were initially affected when consumers suffered earnings loss due to the pandemic and were subsequently hit by record high inflation since last year. These segments have seen some improvement in consumption since January, when sales were either flat or the rate of decline slowed in tandem with the decline in inflation..
• Unified experience takes the centre stage with rising omnichannel adoption: Unicommerce
  07 Mar 2023, retail.economictimes.indiatimes.com
  From competition to collaboration, technology knits offline & online as one unified experience . ~ Brand Connect Initiative ~…
• LVMH rejigs beauty division, names Stephane Rinderknech CEO
  07 Mar 2023, retail.economictimes.indiatimes.com
  A former L’Oreal executive with extensive experience in the U.S. and Asia, Rinderknech joined LVMH in 2022 and has been heading the group’s hotels business, which he will continue to also manage…
• Fashion brand Off Duty raise ₹4 cr in funding
  07 Mar 2023, thehindubusinessline.com
  Off Duty core products include everyday wear denims, pants, and trousers, along with the recently launched men’s denims Off Duty, a fashion brand, has raised ₹4 crore from revenue-based financier Velocity.in…
• Domino’s launches 20-minute pizza delivery in Bengaluru
  07 Mar 2023, retail.economictimes.indiatimes.com
  Fast delivery promises have routinely caused concern among traffic police departments across the country, as driver safety is often sacrificed for delivering on time. In Chennai, the traffic police had booked 970 delivery executives in a special drive last year for flouting traffic rules. The new Domino’s initiative will not compromise on the safety of the delivery partners, Jubilant FoodWorks chief executive Sameer Khetarpal told ET…
• Zepto plans expanding instant food delivery
  07 Mar 2023, financialexpress.com
  Quick commerce startup Zepto is planning a larger foray into the instant food delivery market as it looks to expand its reach and tap into the growing demand for quick delivery services…
• ETRetail Supply Chain Summit: Why Metro Cash & Carry’s Mediratta believes that days of selling on MRP are over
  07 Mar 2023, retail.economictimes.indiatimes.com
  ​“We have worked with over a million kiranas and told them that the days of selling at MRPs are over,” he commented while speaking at the third edition of the ETRetail Supply Chain Summit held last week in Mumbai…
• FMCG, dairy firms betting on strong double-digit sales growth this summer season
  07 Mar 2023, retail.economictimes.indiatimes.com
  Companies are ready with new and innovative offerings anticipating strong demand for their products this season and have started building inventory…
• Malabar Gold & Diamonds opens modern integrated complex
  07 Mar 2023, retail.economictimes.indiatimes.com
  Located at Kinfra Park, Kakkancherry in Malappuram district, the integrated jewellery unit has been set up at a sprawling area of 1.75 lakh sq. ft with an investment of Rs.250 crore…
• Sales of consumer products pick up marginally as inflation cools
  07 Mar 2023, business-standard.com
  Private consumption in India has picked up marginally in the first two months of 2023, compared to the same period last year, taking into account sales of several consumer product companies…
• Malls doubling up as fulfilment centres for brands
  07 Mar 2023, brandequity.economictimes.indiatimes.com
  Bengaluru-based Prestige’s group has already created a 20,000 sq ft space at recently opened Forum mall and plans to do it at all its upcoming mall while Delhi’s Select City Walk and Urban Square mall, Udaipur are also doing it. At present, malls or in-mall stores are also being used as urban warehouses by the online players to ensure a faster delivery to the customer in a bid to leverage their existing network and reduce fulfilment cost…
• Nippon Paint to tap construction chemicals market division
  07 Mar 2023, brandequity.economictimes.indiatimes.com
  The products to be launched (in construction chemicals) would be focused on three segments — during construction, post construction and taking up repair and maintenance. With this expansion, Nippon Paint said it also has plans to increase the dealer touch points by 50 per cent. Nippon Paint said liquid based products would be manufactured at its Chennai unit while aerosol-based products would be supplied by acquired companies and volume-based products would be manufactured by strategic manufacturing partners…
• How Mukesh Bansal got the idea to start Myntra from a Pune mall visit
  07 Mar 2023, businesstoday.in
  Mukesh Bansal is known for building billion-dollar companies like e-commerce platform Myntra and fitness technology firm Cult.fit. Myntra is one of the top direct-to-consumer brands in the country but it is notable how it started out as a brand selling personalised t-shirts and pivoted to later on become a fashion and lifestyle company…
• Top 20 Most Promising Leasing Non-Residential Real Estate In India 2023
  07 Mar 2023, inventiva.co.in
  Real estate is a crucial component of any economy, serving as a tangible representation of economic growth and development. India’s real estate market is no exception, with a diverse range of non-residential properties available for businesses and investors looking to expand their operations and increase their revenue…
• State of the Retail in India
  07 Mar 2023, irecwire.indianretailer.com
  In today’s digital era, many retailers have recognized the importance of going digital, especially during the pandemic, and raised their capabilities in e-commerce and digital marketing to access local and global markets through digital channels…
• ASUS Expands Offline Presence, Opens 200th Milestone Store
  
  07 Mar 2023, indianretailer.com
  Setting a new milestone in its India journey, ASUS India, Taiwanese tech giant today announced the launch of its 200th store in New Delhi. With the spread over 500 square feet, the exclusive store located in the electronic center of the city – Nehru Place, will provide customers an opportunity to have first-hand experience of the iconic innovations ranging across consumer PCs, gaming laptops, creator series, All-In-One desktops, and other accessories…
• MPW 2022: Isha Ambani’s journey to dominate India’s retail sector
  07 Mar 2023, businesstoday.in
  Isha Ambani took charge of Reliance Retail in 2014 when the business needed that big push. Since then, it has been a journey marked by growth. Be it raising funds, bringing in new formats, or signing on the marquee names, Ambani, who picked up an MBA from Stanford, has left no stone unturned…
• How This 2 Decade old Tea Brand is Expanding its Retail Footprint Across India
  07 Mar 2023, indianretailer.com
  India is the second-largest tea producer and largest black tea producer with production at around 1350 m. kg. It is also the largest consumer of black tea, which is around 18 percent of the total world tea consumption…
• Reliance preps beauty app Tira; 1st store opens in April
  07 Mar 2023, livemint.com
  Reliance Retail’s beauty app Tira is set to go live for customers in coming weeks after the retailer opened up the app for employees last month. Tira branded stores selling skin care and cosmetic products are set to open, too, with the first store expected to open in Mumbai in April…
• Malabar Group Expands Offline Presence, Opens Studio in Kerala
  07 Mar 2023, indianretailer.com
  Malabar Group has opened its modern integrated complex consisting jewelry manufacturing unit and design studio at Kakkancherry, Kerala. Shri Pinarayi Vijayan, Hon’ble Chief Minister of Kerala, formally inaugurated the state-of-the-art complex set up at the cost of Rs 250 crore…
• Citykart Expands Product Portfolio, Spring-summer Collection
  07 Mar 2023, indianretailer.com
  Citykart has launched its much-awaited Spring-Summer collection of vivid and vibrant summer colors and prints. The collection is only available offline at Citykart stores in Uttar Pradesh, Bihar, Odisha, Madhya Pradesh, Chattisgarh, and the North Eastern regions…
• DailyObjects Expands Product Portfolio, Unveils Sustainable Range PANGEA Collection
  07 Mar 2023, indianretailer.com
  DailyObjects has launched a new eco-friendly range of bags with PANGEA Collection. The new collection of bags, made from 100 percent recycled plastic bottles is high on aesthetics, function, and utility, while thoughtfully connecting consumers with the planet through these thoughtful and conscious carryalls…
• Haldiram’s Expands Product Portfolio, Unveils New Range
  07 Mar 2023, indianretailer.com
  Unveiling the Holi special range, Haldiram’s hosted a dedicated film with the message – “Kuch cheezein badal jaati hain… Nahi badalti rishton ki mithaas, tyohaaroon ki mithaas, Haldiram’s ki mithaas. Manao Khushiyon ke Rang, Haldiram’s ke sang. Kyunki Meetha toh Sirf Meethai hai”…
• Amazon Aims to Shut 8 Go Stores to Cut Costs
  04 Mar 2023, retail.economictimes.indiatimes.com
  As part of its cost-cutting effort, Amazon plans to shut eight of its Go convenience stores in the US. According to CNBC, the tech giant will close two Go stores in New York City, two locations in Seattle, and four stores in San Francisco on April 1. In addition, the company said it will work to help affected employees secure other roles at the company…
• ETRetail Supply Chain Summit: ‘Out of stock is unpardonable in supply chain,’ says Zepto COO
  04 Mar 2023, retail.economictimes.indiatimes.com
  “Companies with the ability to forecast closer to the consumption, better lead times, and the agility to update supply chain models and respond quickly to the change in demand will survive and always have an advantage over competitors,” he said…
• “The fear of failure is the biggest hindrance to innovate,” says Harsh Mariwala
  04 Mar 2023, retail.economictimes.indiatimes.com
  ” It is a myth that innovation requires money. I think the key here is not money but it is the culture of innovation and how brands can drive a culture of innovation in their organisation,” he said…
• Malls doubling up as fulfilment centres for brands
  04 Mar 2023, retail.economictimes.indiatimes.com
  KBengaluru-based Prestige’s group has already created a 20,000 sq ft space at recently opened Forum mall and plans to do it at all its upcoming mall while Delhi’s Select City Walk and Urban Square mall, Udaipur are also doing it…
• Jamie Oliver Restaurants announces rapid expansion in India, post Wendy’s sale
  04 Mar 2023, retail.economictimes.indiatimes.com
  Jamie’s in India operates as a partnership between Dolomite and Jamie Oliver Restaurant Group. The latter has 70 restaurants across 23 different countries. The brand is named after Jamie Oliver, television chef and author. “The largest Italian casual dining chain in India with more than 20 stores, Jamie Oliver Restaurants plans to treble its footprint and expand to new geographies to become a national brand,” the company said in a statement…
• D2C startup Mitra raises Rs 1.5 cr in seed round
  04 Mar 2023, retail.economictimes.indiatimes.com
  Launched in 2022, Mitra aims to use the funds to set up a manufacturing unit to strengthen its products and services. Additionally, the startup aims to focus on expanding its product portfolio and increasing the number of SKUs (stock-keeping units) in its existing brand portfolio…
• Westlife Foodworld appoints Sohel Nalwalla as director of supply chain and quality systems
  04 Mar 2023, retail.economictimes.indiatimes.com
  At Westlife Foodworld, Nalwalla will be responsible for procurement, quality service, warehousing, and distribution. He will report to the company’s COO, Saurabh Kalra…
• Kansai Nerolac Paints acquires 40% stake of Nerofix from Polygel for
  04 Mar 2023, retail.economictimes.indiatimes.com
  The Board of Kansai Nerolac Paints (KNPL) has approved the acquisition of shares (40 per cent of the total shareholding) of Nerofix from Polygel for a cash consideration of ₹37 crore…
• The Future of Retail Beauty Industry in 2023
  04 Mar 2023, indianretailer.com
  The beauty industry has proven to be a resilient one over the past years and will seem stronger in the future. 2023 will be unlike any previous year because of the tremendous technology accelerating the industry. This industry is evolving towards greater transparency and inclusivity. In addition, from personalized skincare products to nostalgic trends and styles, beauty is genuinely evolving self-care…
• Decathlon eyes multi-brand retail in India
  04 Mar 2023, in.fashionnetwork.com
  French Sportswear business Decathlon is in talks with the Indian government to enable it to retail products from other brands in its brick-and-mortar stores in the country. This would make the business a multi-brand retailer in India, which is how it operates in numerous other countries…
• STUMBL Collabs with Fashion Creator Masoom Minawala
  04 Mar 2023, indianretailer.com
  STUMBL has joined hands with fashion creator Masoom Minawala. Masoom, who is a Forbes 30 under 30 and one of the most trusted fashion creators in India has invested in STUMBL and will be coming on board as a strategic advisor…
• Carrera’s Iconic Eyewear range with Tiger Shroff’s Prowl Thrills Indian market
  04 Mar 2023, indianretailer.com
  Cutting-edge, cool, and glamorous, Italian eyewear brand Safilo’s Carrera recently partnered with Bollywood action star Tiger Shroff and his active lifestyle brand, Prowl. The Carrera X Prowl collection, as a result, has been on a full throttle with Shroff launching the collection at Inorbit Mall, Malad, in Mumbai. Ashutosh Vaidya, Managing Director, Safilo India Pvt. Ltd, shared his insights about the brand’s journey onwards and upwards in India…
• Haldiram’s Expands Product Portfolio, Unveils New Range
  04 Mar 2023, indianretailer.com
  Unveiling the Holi special range, Haldiram’s hosted a dedicated film with the message – “Kuch cheezein badal jaati hain… Nahi badalti rishton ki mithaas, tyohaaroon ki mithaas, Haldiram’s ki mithaas. Manao Khushiyon ke Rang, Haldiram’s ke sang. Kyunki Meetha toh Sirf Meethai hai”. (Some things change but not the sweetness of bond, sweetness of festivities, sweetness of Haldiram’s. Celebrate the colours of joy with Haldiram’s because a mithai beholds the sweetness after all!)…
• Bagrry’s Appoints Jayant Kapre as MD and CEO
  04 Mar 2023, indianretailer.com
  Bagrrys India Private Limited has announced the appointment of Jayant Kapre as MD and CEO. Kapre will focus on accelerating growth and sharpening the renowned brand’s commercial advantage. As the MD and CEO, he will be responsible for devising and executing a robust growth strategy for Bagrry’s…
• New apparel and merchandise range launched by Suzuki Motorcycles India
  04 Mar 2023, apparelresources.com
  A new range of apparel and merchandise has been introduced by Suzuki Motorcycles India. The offerings include key chains, T-shirts, riding gear and more. This new 2023 collection takes inspiration from the Suzuki Hayabusa and the ‘lifestyle of a motorcycle enthusiast’ according to Suzuki and will be available at all premium Suzuki Motorcycle dealerships across the country…
• Adani Wilmar Expands Product Portfolio, Introduces Kohinoor Biryani Kit
  04 Mar 2023, indianretailer.com
  Adani Wilmar Limited (AWL) has announced the launch of Kohinoor Hyderabadi Biryani Kit as part of their expansion of the ready-to-cook range. Under the Kohinoor brand, the do-it-yourself (DIY) biryani kit helps connoisseurs prepare restaurant-like authentic biryani in 30 minutes. The brand-new offering will be available in two variants – Hyderabadi which will be followed by Lucknowi, priced at Rs 159…
• Livada Expands Product Portfolio, Unveils Collection of Ceramic Mugs
  04 Mar 2023, indianretailer.com
  Every house has a kitchen shelf or drawer specifically for mugs. The different styles of mugs reflect the personalities of family members. Colorful ones for the younger ones, light and elegant tones for the elders, and so on…
• Swiggy Sells Cloud Kitchen Biz to Kitchens@
  04 Mar 2023, indianretailer.com
  Food and grocery delivery company Swiggy has sold its cloud kitchen business to Loyal Hospitality, which rents out cloud kitchens under the brand Kitchens@…
• Akums Forays Global Gummies Market with New Innovations
  03 Mar 2023, retail.economictimes.indiatimes.com
  Akums Drugs and Pharmaceutical Limited has announced entry into the nutraceutical gummies segment with a series of novel formulations for wellness and common ailments…
• Louis Philippe Opens New Store at Viviana Mall, Mumbai
  04 Mar 2023, rli.uk.com
  Louis Philippe, menswear brand from Aditya Birla Fashion and Retail Ltd has launched its largest store in a mall in India at the Viviana Mall in Mumbai. Spread across 5,500 sq. ft. the store is located on the ground floor of the mall a representative of the company announced on social media…
• Swiggy sells cloud kitchen business to Kitchens
  03 Mar 2023, retail.economictimes.indiatimes.com
  Kitchens@ said that after the acquisition, its combined gross merchandise value would be about $65 million, and the company plans to increase that to $100 million…
• Bagrry’s appoints Jayant Kapre as MD & CEO
  03 Mar 2023, retail.economictimes.indiatimes.com
  Kapre has over 26 years of experience in the FMCG sector, primarily in the food space. He has held leadership roles at Wrigley, Frito Lay, McVitie’s and Britannia…
• India has created the right conditions to spur demand: Shailesh Jejurikar, COO, P&G
  03 Mar 2023, retail.economictimes.indiatimes.com
  “Conditions are definitely being set up for demand generation and we have to be able to use these conditions of investment in the infrastructure, digital capacity and human capital,” Shailesh Jejurikar, chief operating officer at Procter & Gamble Co, told ET in an interview…
• Consumer goods makers expect overall margins to reach pre-Covid levels over next 2-3 quarters
  03 Mar 2023, retail.economictimes.indiatimes.com
  Chief executives of several listed companies told ET and analysts that margin contraction has come down in the December quarter due to moderation in material price. However, the complete recovery will take a couple of more quarters since material prices have not reduced uniformly and in some cases have further gone up in the last few weeks…
• Cold beverage sales jump early, companies hope for a good summer
  03 Mar 2023, financialexpress.com
  Sales of cold beverages have been soaring for the past one month with the early onset of summer. Soft drink and juice makers have reported a 30-35% year-on-year jump in sales in February, which is unusual for the month…
• As local manufacturing warms up, made in India wearables, hearables set to storm mkts
  03 Mar 2023, livemint.com
  Fresh off a successful year in 2022, Indian brands selling wearables and accessories are looking at ramping up local manufacturing…
• Tata Starbucks Launch a New Mobile App
  03 Mar 2023, indianretailer.com
  Tata Starbucks has revamped its mobile application with a host of new features and a completely fresh UI UX. The newly enhanced mobile application focuses on personalization and makes it easier for customers to place their orders with features tailored to their needs…
• Kudumbashree Associated Sellers Join the ONDC, Aims to Expand Regional Presence
  03 Mar 2023, indianretailer.com
  Kudumbashree is set to launch its products on the ONDC network at the ‘Symposium on Digital Marketing and Launch of Kudumbashree Products on ONDC’ event in Trivandrum, Kerala…
• Why Blue Tribe is Eyeing Tier II Cities for the Next Phase of Expansion
  03 Mar 2023, indianretailer.com
  In a country that is majorly vegetarian, plant-based meat is both a novel phenomenon, as well as a natural source of protein. India is today seen as a potentially significant emerging market for plant-based meat products…
• Carl F Bucherer Expands Product Portfolio, Unveils Bucherer Capsule Collection
  03 Mar 2023, indianretailer.com
  2023 marks the 135th birthday of the Lucerne-based Swiss watchmaker Carl F. Bucherer, or CFB: the perfect time to enter a new era. The launch of CFB’s Capsule Collection is not only a special edition to mark this anniversary, but also represents a departure from every other product presentation in the brand’s long history and clearly signals a focus on new horizons…
• Decathlon in talks with Indian govt to sell other brands: Barbara Martin Coppola, global CEO
  02 Mar 2023, retail.economictimes.indiatimes.com
  India permits 100% foreign direct investment (FDI) in single-brand retail – different products can be sold under one brand, the route taken by companies such as Ikea, Nike and Adidas…
• PVR-Inox draws up Rs 850-crore expansion plan
  02 Mar 2023, retail.economictimes.indiatimes.com
  As part of the action plan, the merged company will focus on integrating human resources, technology and operations, and once the integrations are complete, it will focus on unlocking cost and revenue synergies, said Bijli. They expect the synergy benefit to come from areas like box office, food & beverage and advertising in terms of revenue…
• Oppo India appoints Alfa Wang as president
  02 Mar 2023, retail.economictimes.indiatimes.com
  He joined the firm in 2008, and has been in charge of production, procurement, and administration. He has been with OPPO India since 2017, while spearheading the company’s manufacturing…
• Deepinder Goyal resigns from Urban Company’s board as Blinkit eyes home services space
  02 Mar 2023, thehindubusinessline.com
  Zomato CEO Deepinder Goyal has resigned from Urban Company’s board as Zomato-owned quick delivery app Blinkit is piloting home services similar to Urban Company…
• Realme eyes top position in India’s smartphone market in next 3 years
  02 Mar 2023, retail.economictimes.indiatimes.com
  Under its new global strategy, the company is also aiming to deepen footprints in core markets such as Europe, South East Asia and China. “Over the next 3 years, we want to achieve leading position in India, 100% growth in Europe besides maintaining 10 million sales in China and to establish the brand among top three in the South East Asia region,” a company executive said during the launch event of GT2 smartphone at the Mobile World Congress 2023…
• Stumbl ropes in fashion creator Masoom Minawala as investor and strategic advisor
  02 Mar 2023, retail.economictimes.indiatimes.com
  The company said it aims to bring top fashion creators on its platform to curate and recommend fashion and the tie-up will help them acquire and retain top fashion creators…
• Medimix and Cuticura makers appoint new CEO
  02 Mar 2023, retail.economictimes.indiatimes.com
  Katheriya brings two decades of experience in the consumer goods industry having served in leadership positions at Heinz, Nestle and Emami. Cholayil reports it has doubled turnover in the last four years, and the appointment of new CEO is in the direction of making the company a 1,000 crore plus in the next four-five years…
• Demand remained muted despite the largely Covid-free festival season in Q3
  02 Mar 2023, business-standard.com
  The numbers are telling. The festival season that came as the Covid shadow receded, too, could not bring cheer to the economy this financial year…
• Punjab: Agri value chain gets a shot in the arm
  02 Mar 2023, tribuneindia.com
  From strengthening self-help groups (SHGs) to investing in agri value chain, corporate sector, including banks, have lined up expansion plans for Punjab…
• Musings over the Indian retail and shopper scenario
  02 Mar 2023, brandequity.economictimes.indiatimes.com
  Before the first wave of Covid-19 pandemic and the lockdowns which ensued, exclusive launches and highly discounted pricing made mobile phones and personal electronics categories popular on e-com. With the pandemic, e-com became the go-to channel for fulfilment of various shopping needs, from grocery to medicines and other essentials. However, modern retail, went into de-growth between 2020 and 2021..
• Sachin Dev Duggal says the optimistic future of the retail market hinges on AI innovations
  02 Mar 2023, indiatoday.in
  By India Today Web Desk: The development of AI has greatly benefitted the retail sector. AI has discovered a method to improve operations across all areas, whether it be in sales, customer relationship management, suggestions, or logistics and delivery. AI, according to Sachin Dev Duggal, is effective, predictive, and accurate. So, it won’t be long until AI-powered checkouts, smarter planograms, and greater in-store interactivity become commonplace to improve both consumers’ and merchants’ shopping experiences…
• Drools Opens Warehouse in Bhiwandi, Mumbai
  02 Mar 2023, indianretailer.com
  Drools India has announced the opening of a CNF (cost and freight) warehouse in the pet food category in Bhiwandi, Maharastra, India. It has a storage space of 70,000 sq. ft. enabling faster supply chain management and quality control…
• adidas Expands Product Portfolio with New Football Icon Collection
  02 Mar 2023, indianretailer.com
  adidas is proud to reveal the latest iteration of its football Icons jersey collection featuring throwback replica designs for some of its leading clubs and federations…
• Rebel Foods to Acquire Franchisee Licensing Rights of Wendy’s
  02 Mar 2023, indianretailer.com
  Rebel Foods will acquire franchisee licensing rights to develop traditional restaurants of Wendy’s in India. The company, which is already the exclusive cloud kitchen (delivery-only) franchisee for Wendy’s, will now completely manage and operate the brand’s traditional restaurants across India…
• How Nestasia is Becoming India’s Fastest-Growing Artisanal Décor Brands
  02 Mar 2023, indianretailer.com
  One of India’s fastest-growing artisanal home décor brands, Nestasia is the brainchild of entrepreneur couple Aditi Murarka and Anurag Agrawal…
• The Carl F Expands Product Portfolio, Unveils Bucherer Capsule Collection
  01 Mar 2023, indianretailer.com
  2023 marks the 135th birthday of the Lucerne-based Swiss watchmaker Carl F. Bucherer, or CFB: the perfect time to enter a new era. The launch of CFB’s Capsule Collection is not only a special edition to mark this anniversary, but also represents a departure from every other product presentation in the brand’s long history and clearly signals a focus on new horizons…
• Bergner Innovates Kitchenware Space with Sustainable New Product Range
  02 Mar 2023, indianretailer.com
  Globally renowned kitchenware brand Bergner took the ‘Healthy. Autonomous, and Hassle-free’ step with the launch of the state-of-the-art MasterPRO product range at The Nook, Mumbai. Five new models of the Air Fryer, each having distinct features and capacities, are going to throng the market from May 2023…
• Tata Group’s talks over $1 billion Bisleri stake stall
  01 Mar 2023, retail.economictimes.indiatimes.com
  For Tata Group, acquiring Bisleri could have expanded its portfolio of bottled water brands in India. One of the conglomerate’s listed units, Tata Consumer Products Ltd. owns the Himalayan Natural Mineral Water and Tata Water Plus brands…
• Softbank plans to sell Rs 600-cr stake in Delhivery via block deals today: Report
  01 Mar 2023, retail.economictimes.indiatimes.com
  Japanese multinational conglomerate Softbank Group is looking to sell shares worth Rs 600 crore in Delhivery through block deals on Wednesday, according to reports…
• IKEA India appoints Elena Pogosova as country commercial manager
  01 Mar 2023, retail.economictimes.indiatimes.com
  Pogosova will be driving the country’s commercial agenda to develop IKEA India’s position in the market, grow the customer base and secure a seamless & positive customer experience, as the company said. She will be part of the country management team at IKEA India under Susanne Pulverer, CEO & CSO, IKEA India…
• Orient Electric expects higher than industry growth for fans on strong summer demand
  01 Mar 2023, retail.economictimes.indiatimes.com
  ​Sharing how the company is gearing up production and distribution, Khanna shared that Orient is setting up a new state-of-the-art factory in Hyderabad with an investment of Rs 175 crore in a phased manner…
• Rebel Foods to acquire franchisee licensing rights of Wendy’s to grow its restaurant model in India
  01 Mar 2023, retail.economictimes.indiatimes.com
  Rebel Foods becomes the master franchisee in India to hyper-scale Wendy’s presence across the country through traditional restaurants and cloud kitchens..
• DS Group partners with Swiss luxury chocolate brand Laderach
  01 Mar 2023, retail.economictimes.indiatimes.com
  The group’s existing brands in the confectionery segment include Pulse and Chingles candy, while its premium retail brands include Le Marche, L’Opera, Uncafe, and Les Petits…
• Online shopping continues to grow even after Covid-19 pandemic
  01 Mar 2023, retail.economictimes.indiatimes.com
  Consumers continued to shop online last year despite retail chains and malls reporting complete recovery in sales and higher footfalls than pre-Covid period..
• Many retailers are now betting big on larger outlets
  01 Mar 2023, retail.economictimes.indiatimes.com
  Bigger store means high rental cost for retailers. Hence, they need to increase their revenues. Brands say more than the footfalls it is the conversion rate that matters…
• Economy grows at a slower pace of 4.4% in December quarter
  01 Mar 2023, retail.economictimes.indiatimes.com
  “Growth momentum carries on but an unfavourable base has led to lower numbers for Q3,” chief economic adviser V Anantha Nageswaran told reporters after the data release…
• Xotik to enter packaged water biz
  01 Mar 2023, retail.economictimes.indiatimes.com
  Rajeev Sehgal, chairman and MD of Xotik Frujus, pointed out that in few years down the line water would constitute around 20% of its business while ethnic beverages would constitute 80%. Now, the company has presence only in jeera masala segment, the biggest in ethnic drink category…
• O’2 Nails India raises $150K in seed round led by Real Time Angel Fund, AIC-BIMTECH
  01 Mar 2023, retail.economictimes.indiatimes.com
  O’2 Nails India runs 30 stores across the country and covers 7 states. The company has plans to launch over 100 stores in the financial year 2023-24…
• Bigger than Lucknow and Noida: India’s biggest Lulu Mall to come up in Ahmedabad
  01 Mar 2023, timesnownews.com
  Recently, the Lulu group has announced that a mall bigger than one in Lucknow will also come up in Noida. Meanwhile, the Ahmedabad Lulu mall will be bigger than the one proposed in Noida…
• John Jacobs Eyewear Expands Product Portfolio, Unveils Gentlemen’s Edit
  01 Mar 2023, retail.economictimes.indiatimes.com
  John Jacobs, a premium eyewear brand recently launched the Gentlemen’s Edit featuring acclaimed chef, Ranveer Brar and actor and poet Arunoday Singh. The campaign highlights the individual journeys of multi-faceted vanguards, touted to reframe the conventional idea of success in their respective domains…
• Joyalukkas Jewellery confirms 30 new stores in 2023, including Saudi Arabia, India
  01 Mar 2023, gulfnews.com
  The Dubai-headquartered Joyalukkas Jewellery plans to open 30 stores this year, split evenly between those in new overseas markets and in India, according to the Chairman…
• Aloka’s team builds AI solutions at Walmart
  01 Mar 2023, timesofindia.indiatimes.com
  It’s an exciting time to work in AI. The advances represented by ChatGPT have made it more so. Aloka Sudhodanan, senior manager of data science at Walmart Global Tech, Bengaluru, is in the thick of it. She says developing an AI-powered solution requires a good understanding of the domain or industry for which you are developing it….
• Pepperfry Elevates Piyush Agarwal To VP, Supply Chain
  01 Mar 2023, indianretailer.com
  Pepperfry has announced the elevation of Piyush Agarwal to Vice President, Supply Chain. Piyush joined Pepperfry in 2021 and has been instrumental in conceptualizing and driving various initiatives in Supply Chain. Through his commitment to excellence, leadership, and fortitude, Piyush has successfully established a robust warehousing and logistics network for Pepperfry. Anything new?…
• U&i Expands Product Portfolio, Unveils ‘Swim’ and ‘Liked’ Series Neckbands
  01 Mar 2023, indianretailer.com
  U&i has announced the launch of two new products – Swim Series and Liked Series budget-friendly and premium Neckbands for both works and play. The two wearables feature large 10mm dynamic drivers for an immersive audio experience and a long battery life for non-stop entertainment…
• Fortune Unveils Campaign to Spread Awareness about Soya Chunks
  01 Mar 2023, indianretailer.com
  Fortune is celebrating National Protein Day with Fortune Soya Chunks, one of the leading brands in the category of Texturized Soya Protein (TSP). TSP is also one of the most preferred substitutes for vegetables and meats…
• Maishaa Introduces Floral Flourish Collection by Clarke and Clarke
  01 Mar 2023, indianretailer.com
  Luxury home furnishings brand, Maishaa has launched Floral Flourish Collection by Clarke and Clarke. The collection features light, breezy, summery textiles in bright coral hues. Throughout its existence, Clarke and Clarke has built up an authentic textile heritage, combining tradition and new inspiration at every seasonal launch. This time they bring ‘Floral Flourish’…
• BBLUNT Salons Expands Offline Presence with 3 New Salons in Kolkata
  
  01 Mar 2023, indianretailer.com
  BBLUNT has launched 3 salons in the city of Kolkata housed in Hungerford Street, Alipore, and Janak Road locations. The salons have been meticulously designed with luxurious hair stations, manicure and pedicure stations, beauty cum bridal rooms, and hair treatment rooms leaving clients spoilt for choice…
• Hiranandani Group leases 21,000 sq ft in Thane township to INOX
  28 Feb 2023, retail.economictimes.indiatimes.com
  The new multiplex is currently under development in the under-construction Bellona tower at Hiranandani Estate. The tower is expected to be completed in October 2023, with the multiplex opening in January 2024…
• Reliance Retail aims to become world’s biggest garment seller in 2 years
  28 Feb 2023, retail.economictimes.indiatimes.com
  With more than 4,000 fashion and apparel stores, including brands such as Trends, Centro, Azorte and Fashion Factory, Reliance is by far the market leader in the segment. The retailer sold 430 million pieces of garment in 2022, enough to clothe the entire population of the US and Canada…
• iD Fresh Food eyes Rs 700 crore revenue in FY24
  28 Feb 2023, retail.economictimes.indiatimes.com
  The brand launched its products in the US and the UK this fiscal year and in the GCC region, it is looking to enter Bahrain, Kuwait, and Qatar…
• Tata CLiQ Luxury to focus on expanding its assortment of categories in FY24; to bring exclusive international brands
  28 Feb 2023, retail.economictimes.indiatimes.com
  Speaking on Tata CLiQ Luxury’s business strategies, Gitanjali Saxena, CBO of the company explained that apart from metro and tier 1 cities, the main focus will be to acquire more customers in tier 2 and 3 markets as there has been a demand upsurge from these regions…
• Ossify Industries enters into home appliances category with the launch of HUEQ
  28 Feb 2023, retail.economictimes.indiatimes.com
  The brand is launching 16 SKUs of semi-automatic washing machines, 8 SKUs of fully-automatic washing machines, 5 SKUs of ACs, and 10 SKUs of refrigerators…
• Metro Brands enters into foot health, wellness and technology space with BioFoot
  28 Feb 2023, retail.economictimes.indiatimes.com
  “Right now, for the next 12 months, we want to focus on getting the model right. We are targeting high-street locations as we feel this is not a traffic-led business. This is also a tier I city play, and it is not yet going to be part of​tier II,” Nissan Joseph explained…
• Tata Consumer will look beyond F&B into other FMCG segments, says CFO L Krishnakumar
  28 Feb 2023, retail.economictimes.indiatimes.com
  “We have our eyes set not only on F&B but over time, we will look at other categories in the FMCG as well. So that’s the stated aspiration,”L Krishnakumar tells ETCFO in an interview…
• India Inc’s profit margin narrows in Dec quarter on high inflation: Icra
  28 Feb 2023, retail.economictimes.indiatimes.com
  The interest coverage ratio for the agency’s sample adjusted for sectors with relatively low debt levels like IT, FMCG and pharma witnessed a moderation in Q3FY23 to 4.3 times from 5.1 times on a sequential basis. This was mainly on account of lower earnings in select sectors as compared to historic trend and higher interest rates, it said…
• Rhyme & Reason: India isn’t said to be a bright spot in the global economy for nothing
  28 Feb 2023, retail.economictimes.indiatimes.com
  India’s claim to ‘bright spot’ fame at the moment is juxtaposed with growth estimate cuts and forecast of weaker growth in the next fiscal year starting April 1. “The growth rates are much higher than what you have for the EMDEs as a group (and for any other country or regional grouping around the world), which is why we have said that India is a relative bright spot. We should not downplay this achievement,” Krishna Srinivasan, director of the Asia and Pacific Department at IMF, said in a media round table…
• Volumes up for Mondelez despite rising prices
  28 Feb 2023, retail.economictimes.indiatimes.com
  “We got hit by inflation, just like any other company, but you have to be a little smart about how you want to do the pricing. Giving consumers a value is still very critical to stay relevant. You can’t wish away commodity inflation. At the same time, you can’t price such that you lose the value proposition.”…
• Consumer demand to stay low, tough times ahead for Indian startups
  28 Feb 2023, retail.economictimes.indiatimes.com
  Consumer perception of the general economic condition continues to be pessimistic as per the Reserve Bank of India’s Consumer Confidence Survey of January 2023, where more than 50% of consumers reported it to have worsened…
• Food makers, feeling squeezed, pull the plug on slow-selling products
  28 Feb 2023, retail.economictimes.indiatimes.com
  Many companies started slimming their offerings during the pandemic and are aggressively renewing those efforts, eliminating less-popular items to focus on products on which they can more easily raise prices amid prolonged inflation on food items. Food makers tend to cull products without much fanfare. At the consumer products conference they highlighted new offerings, many of them increasingly popular handheld foods that people can eat while scrolling on phones…
• Cold stats. Delayed winter impacts skincare products for FMCG players
  28 Feb 2023, thehindubusinessline.com
  The delayed onset of winter in the country impacted skincare product volumes for fast-moving consumer goods (FMCG) companies in the quarter that ended in December. However, major FMCG players continued to witness growth in home and personal care portfolios…
• Food tech platform Ghost Kitchens acquires Speak Burgers brand
  28 Feb 2023, retail.economictimes.indiatimes.com
  Speak Burgers plans to serve from over 200 locations in the next three years through fulfilment partner programmes. ..
• How Oberoi Realty is Paving its Way Through the Mall Segment
  28 Feb 2023, indianretailer.com
  The Oberoi Mall is located at Goregaon (East), Mumbai, on the Western Express Highway and offers almost 5.52 lakh square feet of fashion, food and leisure, and has occupied a significant position in the minds of customers and retailers…
• Online retail struggles with profitability, physical retail is the mainstay: Atul Ruia, chairman, Phoenix Mills
  28 Feb 2023, forbesindia.com
  hoenix Mills opened Palladium mall in Ahmedabad on February 25, in a joint venture with real estate developers B Safal Group. This is Gujarat’s first luxurious mall. In an exclusive conversation with Forbes India, Atul Ruia, chairman and Shishir Shrivastava, managing director of The Phoenix Mills Limited, talk about their expansion plans and their target to reach 14 million square feet by 2026. They discuss how the next quarter looks like for the company…
• KP Singh: Madrasa-educated India’s biggest real estate developer with net worth over Rs 66000 crore
  28 Feb 2023, msn.com
  KP Singh recently made headlines for falling in love again at the age of 91. His wife Indira passed away after battling cancer. After the passing of his wife, KP Singh took a back seat but recently revealed that he is in love again…
• Featherlite furniture opens retail store in Ahmedabad
  27 Feb 2023, timesofindia.indiatimes.com
  Featherlite, the manufacturer of premium office furniture, has opened its exclusive experience centre and retail store in Ahmedabad. The furniture maker will display a range of comfortable and ergonomic chairs, modular workstations, soft seating, loose furniture, work-from-home furniture, and hybrid working furniture, among others at the store…
• Technology will continue to play a critical role in responsible retail and driving consumer experience
  28 Feb 2023, cio.economictimes.indiatimes.com
  Sridhar Hariharasubramanian, Senior Director, Solution Engineering, Salesforce discusses how retail businesses are catering to the new age tech savvy and eco-conscious customer of today while also focusing on the role of technology in advancing the sector…
• Exclusive: Zomato asks for higher commission charges; restaurants are upset
  27 Feb 2023, retail.economictimes.indiatimes.com
  For the past two years, Zomato has been charging a commission of 18-25% per order for deliveries, depending on its arrangement with restaurant partners…
• Titan to more than double Zoya store counts, top-line by FY27
  27 Feb 2023, retail.economictimes.indiatimes.com
  If everything goes as planned, and if the demand for luxury maintains the current growth momentum, we will have at least eight more boutiques by FY27, adding to our seven stores and seven galleries at present, CK Venkatraman, the managing director of Titan Company, which is a joint venture between the Tatas and the Tamil Nadu government, told PTI…
• Cooling prices may hasten the shift to branded products: FMCG companies
  27 Feb 2023, retail.economictimes.indiatimes.com
  Chief executives of several leading listed FMCG companies highlighted in their recent earnings calls that the change in the trend was aided further by price increases by the smaller and regional brands, as well as the unbranded trade, during the peak of inflation…
• With early summer and expectation of elongated season, AC makers expect 20 pc volume growth
  27 Feb 2023, retail.economictimes.indiatimes.com
  Buoyant by early trends of surge in demand, AC makers are expanding their portfolio by adding products in their lineup based on energy-efficient inverter technology and smart features such as IoT and air purifiers. They have also ramped up production to fill the stocks with their channel partners…
• Half of Myntra’s beauty product orders now come from Tier-2 and 3 cities
  27 Feb 2023, business-standard.com
  The Walmart-owned fashion retailer is scaling up its operations to tap the BPC market, which is expected to grow $38 billion by 2028…
• Snapdeal aims to achieve profitability within next quarter
  27 Feb 2023, thehindubusinessline.com
  Snapdeal aims to achieve profitability within the next quarter, as it bets heavily on the value customer base to drive growth, according to Himanshu Chakrawarti, CEO, Snapdeal Marketplace…
• Women’s performance wear brand ENGN plans to increase its offline presence, expects 30% contribution in near future
  27 Feb 2023, retail.economictimes.indiatimes.com
  Currently, ENGN said it has a sales split of 80 per cent from the online segment and rest 20 per cent from its offline store. Going forward, it expects the offline stores to contribute about 30 per cent to its overall business…
• Domino’s sales sour as delivery fees deter consumers; shares slump
  27 Feb 2023, retail.economictimes.indiatimes.com
  Domino’s Pizza Inc missed quarterly sales estimates on Thursday as inflation-hit customers, put off by higher delivery fees, cut back on online orders of pizzas and chicken wings, sending the company’s shares down 11%…
• Kerala Blasters FC ventures into FMCG, launches banana chips brand Kravin’
  27 Feb 2023, retail.economictimes.indiatimes.com
  KBFC, in a statement, said Kravin’ banana chips are handcrafted using traditional methods and locally-sourced ingredients…
• XiaomiRetail hub. Phoenix Mills and B Safal Group open ₹850 cr-worth Palladium mall in Ahmedabad
  27 Feb 2023, thehindubusinessline.com
  Malls developer Phoenix Mills Limited on Sunday opened its new mall in Ahmedabad bringing 250 national and international brands under one roof…
• DLF says no plans to launch REIT public offer in next 1 year
  27 Feb 2023, zeebiz.com
  Real estate major DLF has no plans to launch public offer of REIT in the next one year to monetise its rent-yielding commercial properties, its CEO Ashok Tyagi said…
• Business solutions: Cloud and data to boost retail sector
  
  27 Feb 2023, financialexpress.com
  The Indian retail industry is characterised by consistent evolutions, dynamic and fast-paced business environments, and a wide range of complexities. Despite massive shocks during the Covid era, the sector recovered quickly. ..
• American restaurant chain Hooters plans on making India one of its largest international markets
  27 Feb 2023, retail4growth.com
  With the help of international franchising solutions firm Franglobal, Hooters plans to open approximately 30 to 50 stores in India across the North, West, and South…
• Blingy Bollywood launching fashion brands!
  27 Feb 2023, apparelresources.com
  By investing in fashion start-ups, Bollywood celebrities are helping to create an ecosystem that supports innovation and entrepreneurship in the fashion industry…
• Women’s performance wear brand ENGN plans to increase its offline presence, expects 30% contribution in near future
  27 Feb 2023, retail.economictimes.indiatimes.com
  Currently, ENGN said it has a sales split of 80 per cent from the online segment and rest 20 per cent from its offline store. Going forward, it expects the offline stores to contribute about 30 per cent to its overall business…
• Xiaomi’s India biz turns around, revenue grows over 9% in FY22
  25 Feb 2023, retail.economictimes.indiatimes.com
  Xiaomi turned around its India business in FY22 with the company’s turnover growing more than 9% to Rs 39,099 crore, topping the pre-pandemic revenue achieved in FY20, as per regulatory disclosures made to the Registrar of Companies…
• Reliance Retail opens first freestanding GAP store in Mumbai
  25 Feb 2023, retail.economictimes.indiatimes.com
  In this second phase, after opening over 50 Gap shop-in-shops since last year, Reliance Retail will help open a series of freestanding Gap stores across the country in the coming months…
• Lenskart focussing on India, Southeast Asia and Middle East: CEO
  25 Feb 2023, retail.economictimes.indiatimes.com
  “Almost half of India needs spectacles and their number is growing to almost 70-80%. I do not get into market size etc. All I know is that half a billion plus people need glasses and that number is growing. We are largely focussing on India and we have Owndays. So we have a lot to do. Nothing more right now.”…
• U.S. retailer Foot Locker in talks with Metro Brands for India entry- Report
  25 Feb 2023, retail.economictimes.indiatimes.com
  Foot Locker, which retails popular footwear brands including Adidas and Nike Inc, is in discussions with four Indian players to appoint a franchise, ET Now tweeted. The details of the companies were not disclosed…
• For Myntra, 55% of orders come from Tier 1, metros in beauty category: CEO
  25 Feb 2023, thehindubusinessline.com
  Myntra saw 55 per cent of its orders coming from metros and Tier 1 cities in the beauty and personal care category, Nandita Sinha, CEO of Myntra, told businessline…
• Platinum retail sales up 22% in Q4 of 2022 on weddings, festivals
  25 Feb 2023, thehindubusinessline.com
  Indian retail sales of platinum increased 22 per cent in the fourth quarter of 2022 powered by the wedding and festive seasons. Consumer demand drove sales despite uncertainties over the global economy, said a Platinum Guild of International (PGI) statement…
• B2B Online Jewellery Marketplace ‘Sarafa Bazar India’ raises seed funding
  25 Feb 2023, livemint.com
  Sarafa Bazar India, B2B app designed to help jewellers across India network and grow business online, has raised seed funding at the valuation of INR 8 crores from a group of angel investors who are known to be marquee names in the Jewellery industry…
• FSSAI specifies comprehensive group standard for millets from September
  25 Feb 2023, retail.economictimes.indiatimes.com
  The Food Safety and Standards Authority of India has specified a comprehensive group standard for millets vide Food Safety and Standards, Second Amendment Regulations, 2023 and this will be enforced from September 1 onwards…
• Chandni Chowk awaits new turn: A mall alongside the historical bylanes
  25 Feb 2023, business-standard.com
  On one end is the Red Fort and on the other is the grand 17th-century Fatehpuri Mosque. Between the two is a chaotic, bustling world that carries the essence and enigma of many histories, and centuries of tangible and intangible heritage…
• Tgal, Japan Announces Exclusive Partnership With Village Food Courts for India
  25 Feb 2023, livemint.com
  TGAL, the largest food tech company in Japan and one of the most recognised food conglomerates with a network of over 1400 host kitchens and over 120 brands from different regions of Japan announces an exclusive…
• Phoenix Mills acquires 5.5 acre land parcel in Kolkata’s Alipore for over Rs 414 crore
  25 Feb 2023, economictimes.indiatimes.com
  The Phoenix Mills, retail-led mixed-use asset developer and operator, has acquired a prime 5.5-acre land parcel in Kolkata’s Alipore locality for over Rs 414 crores including stamp duty charges….
• Hippo Stores Expands Offline Presence in Chandigarh
  25 Feb 2023, indianretailer.com
  Hippo Stores has launched its third store in Zirakpur at Dhillon Plaza. Spread across more than 40,000 sq. feet, the store offers 12,000+ products from 160+ brands for homeowners, contractors, and retailers at wholesale prices. The store is the third of 27 such outlets planned across the country in the next five years…
• How Happier Skincare is Integrating Superfoods in Indian Skincare Regime
  25 Feb 2023, indianretailer.com
  Skincare plays a vital role in our everyday life. There are lots of skincare products in the market, which support skin’s integrity, and are extensively used by consumers for improving the appearance and achieving the glowing skin holy grail. According to sources, India’s cosmetics market was valued at nearly $11.16 billion in 2017 and is anticipated to grow at a CAGR of 5.91 percent during the forecast period of 2017-2025…
• Toppan and Polymateria Introduces ‘Biotransformed’ Packaging With a New Record
  25 Feb 2023, indianretailer.com
  A new breakthrough by sustainable plastic innovator Polymateria in partnership with Indian plastic manufacturer Toppan Specialty Films (TSP), has seen plastics commonly used in the packaging industry biotransform in under 4 months and return to nature in just 176 days, leaving no microplastics or toxins behind…
• Anita Dongre Expands Offline Presence with New Store in Kalaghoda
  25 Feb 2023, retail.economictimes.indiatimes.com
  Across the street from Jehangir Art Gallery and the historic David Sassoon library, stands a cheerful yellow building with gleaming teak balconies that reflect the light of the sun through a myriad of stained glass patterns…
• Shoppers’ grocery purchases return to growth aisle after five quarters of fall
  24 Feb 2023, retail.economictimes.indiatimes.com
  The pace is lower than in the December quarter of 2020 when urban volumes rose 4.4% and rural expanded 6.6%, indicating only a partial revival. “We are seeing early signs of recovery in rural markets,” said Neeraj Khatri, chief executive, Wipro Consumer Care, India and Saarc…
• After entering US market, Tanishq says huge opportunity for other Indian retail brands in America
  24 Feb 2023, retail.economictimes.indiatimes.com
  Before entering the US market, Tanishq spent two years in studying the North American jewelry market which is considered to be USD 60 billion and that within the Indian Americans is USD 3 billion. Tanishq by opening its first retail store in Oak Tree Road of New Jersey – called Little India – is currently focused on the Indian Diaspora Market and is now planning to expand to other cities as well like Chicago, he said…
• We want to optimize prices and reduce cost to maintain our margins, says Anupam Bansal, Director Retail, Liberty Shoes
  24 Feb 2023, retail.economictimes.indiatimes.com
  Bansal shared that Liberty Shoes spent more on marketing in Q3 FY23 as it was a festive quarter. “These high expenditures may not pay us in a shorter period but will benefit in the long run. During the quarter, our first objective was to make the customers pay more,” he added…
• Over 55% of small-town residents preferred online shopping for gifts, clothing and footwear : Survey
  24 Feb 2023, retail.economictimes.indiatimes.com
  About 60-65% of city centre residents prefer to shop online for gifts, cosmetics, clothing and footwear along with essential items (grocery & toiletries), according to a survey by CBRE India. However, more than 55% of small-town residents preferred online shopping for gifts, clothing & footwear and electronics; only 31% preferred shopping online for essential items (grocery & toiletries)…
• Malls’ growth in top cities to break records this year
  24 Feb 2023, retail.economictimes.indiatimes.com
  By 2026, the cities of Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region, National Capital Region and Pune will add 25 million sq ft of space, to the existing stock of 51 million sq ft, the report said. Physical retail continues to gain prominence among Indian shoppers even as online retail continues to grow…
• Quality Control for cotton good for industry, says Aditya Birla Group’s Thomas Varghese
  24 Feb 2023, retail.economictimes.indiatimes.com
  The government on Wednesday said it has approved the Quality Control Order for mandatory certification of cotton bales to augment the supply of good quality cotton to the textile industry…
• The curious case of India’s rising food-price inflation
  24 Feb 2023, livemint.com
  Estimates of inflation based on the consumer price index (CPI) released for the month of January by India’s ministry of statistics and programme implementation have put to rest any hope that our fight against inflation is over…
• Brewers cheer an early summer
  24 Feb 2023, livemint.com
  Brewers are licking their lips in anticipation of a potential sales boom as temperatures rise unexpectedly across the country. Executives at Bira 91, Simba, and BeeYoung have already noted a rise in demand and are optimistic that Holi celebrations will bring additional cheer…
• Swiggy announces Dineout offerings for all users
  24 Feb 2023, retail.economictimes.indiatimes.com
  Online food delivery platform Swiggy has announced the integration of Dineout offerings on the platform, making it available for all its users…
• British supermarkets ration veggies and fruits amid shortage
  23 Feb 2023, retail.economictimes.indiatimes.com
  The shortage has been linked with bad weather in southern Europe and Africa as well as high energy prices in the UK and the Netherlands…
• Gulfood 2023: Landmark MoU signed between Indian government and Lulu Group for millets export
  24 Feb 2023, zawya.com
  India’s millet exports to the UAE can expect a boost in numbers after retail giant Lulu Hypermarket LLC and the Indian government agency Agricultural and Processed Food Products Export Development Authority (Apeda) signed a Memorandum of Understanding at the World Trade Centre in Dubai on Tuesday…
• Shoppers Stop Expands Offline Presence, Opens Store in Odisha
  24 Feb 2023, indianretailer.com
  Shoppers Stop has opened its 1st store in Rourkela, Odisha’s steel city and third-largest urban agglomeration. The new store is located in the city’s famous Plutone Mall and is designed to meet the rising demand of the city’s fashion-conscious customers…
• TGAL (Japan) announces exclusive partnership with Village Food Courts for India Expansion
  24 Feb 2023, einnews.com
  TGAL, the largest food tech company in Japan and one of the most recognised food conglomerates with a network of over 1400 host kitchens and over 120 brands from different regions of Japan announces an exclusive partnership with Village Food Courts (VFC), the largest F&B aggregator of National & International brands in India…
• Smytten Expands Offline Presence in Noida
  24 Feb 2023, indianretailer.com
  Smytten has launched the country’s first-ever product trial experiential store at Gaur City Mall, Noida, with 800+ products to try from India’s most trending brands like Plum, mCaffeine, Colorbar, Just Herbs, Power Gummies, The Man Company, and more…
• Retail Q3FY23 earnings review: A subdued quarter; premium, luxury outperform value segment
  24 Feb 2023, mintgenie.livemint.com
  The global brokerage firm Phillip Capital in its Retail Q3FY23 result review report noted that the top 15 companies across various sectors, including apparel, footwear, innerwear, electronics, and grocery, witnessed a 22% YoY revenue growth, which came below their expectations…
• Malabar Gold and Diamonds Expands Offline Presence in Dallas, USA
  24 Feb 2023, indianretailer.com
  The grand inauguration of the 300th global showroom of Malabar Gold and Diamonds, the 6th largest jewelry retailer globally with a strong retail network of 300 showrooms across 10 countries, was held in Dallas, USA…
• Joom Begins Platform Operations for SMEs and Exporters in India
  24 Feb 2023, indianretailer.com
  Joom has launched its operations in India. Recently, a team from the company visited eight Indian cities—including New Delhi, Indore, Roorkie, Ludhiana, Jaipur, Mumbai, and Surat—to present cross-border trade opportunities to local businesses…
• Shopify Unveils Multi-year Investment in Partner Program
  24 Feb 2023, indianretailer.com
  Shopify has launched a reimagined Partner Program, marking the beginning of a multi-year vision for partners in India as Shopify enters its next era of growth…
• Kimirica Forays into Offline Space, Opens First Store in New Delhi
  24 Feb 2023, indianretailer.com
  Kimirica has launched its first store in the city of New Delhi. Situated in Select Citywalk, Saket, the outlet features an assortment of self-care products including skin care, bath and body, and wellness. The opening of the retail store is a part of the company’s long-term growth plan to expand its footprint in the country…
• Bira 91 Expands Product Portfolio with new Seltzers
  24 Feb 2023, indianretailer.com
  Indian craft beer brand Bira 91 has forayed into the Hard Seltzers category with the launch of ‘Grizly’ Hard Seltzer Ale. The launch comes shortly after the introduction of ‘Hill Station’ Hard Cider Ale and is part of the brand’s ambition to move beyond beers to cater to the evolving preferences of young consumers…
• Deconstruct Expands Product Portfolio with New Lip Care Range
  24 Feb 2023, indianretailer.com
  Deconstruct, a science-based skincare brand announced the launch of its lip care range, designed to target common problems faced by Indian men and women around their lips…
• PE fund ChrysCapital eyes $100-million funding in Lenskart
  23 Feb 2023, retail.economictimes.indiatimes.com
  If finalised, this would be among the largest investments in a new-age entity by ChrysCapital, which has backed internet firms such as Dream11, FirstCry, and Xpressbees…
• Zomato replaces 10-minute delivery offering with home-style meals under ‘Everyday’
  23 Feb 2023, retail.economictimes.indiatimes.com
  The new offering replaces the Zomato Instant project, under which the company planned to offer 10-minute deliveries for select food items…
• Developers plan to add 25 million sq ft mall space in 4-5 years: Report
  23 Feb 2023, retail.economictimes.indiatimes.com
  ​Anuj Kejriwal, CEO and managing director at Anarock Retail said that sales value estimated during the festive season in late 2022 was Rs 2.5 lakh crore, nearly 2.5 times compared to the previous year. The revival of consumer sentiments and penchant for consumption is therefore being promptly acted upon by the majority of brands, retailers, and mall developers. The new planned mall supply across the top 7 cities is testimony to the developers’ expansion strategy…
• Flipkart Wholesale experimenting with dark stores, hub and spoke model
  23 Feb 2023, thehindubusinessline.com
  Flipkart Wholesale is experimenting with dark stores and hub & spoke model (a network of Flipkart Wholesale partners) to expand the business, Koteshwar LN, Business Head, Flipkart Wholesale, told businessline…
• Internet and e-commerce boom in India, raised $15.4 billion capital in 2022: Report
  23 Feb 2023, retail.economictimes.indiatimes.com
  The report claims that the Indian consumer internet sector raised $15.4 billion private equity/venture capital funds across over 500 deals in 2022. Additionally, the online shopping sector received $22 billion in investments, which is the second highest in the world…
• Online retail to account for 10.7% of India retail market by 2024
  23 Feb 2023, retail.economictimes.indiatimes.com
  In 2020, category-wise consumer electronics and apparel held the largest share in e-commerce retail at 40 per cent each followed by food and grocery and jewellery at 7 per cent, and furniture at 2 per cent…
• Tiger Global sells 1.7% stake in Delhivery via open market for Rs 414 crore
  23 Feb 2023, retail.economictimes.indiatimes.com
  Venture capital firm Internet Fund III Pte, through which Tiger Global, holds a stake in the logistics services provider, sold 1,23,63,060 shares at Rs 335.06 apiece, bulk deals data showed…
• Wow! Momo appoints Mithun Appaiah as CEO
  23 Feb 2023, retail.economictimes.indiatimes.com
  Prior to this appointment, Appaiah was CEO and Executive Director at Innovative Foods…
• Bira 91 forays into the Seltzers, launches ‘Grizly’ Hard Seltzer Ale
  23 Feb 2023, thehindubusinessline.com
  Indian craft beer brand Bira 91 has forayed into the Hard Seltzers category with the launch of ‘Grizly’ Hard Seltzer Ale…
• Realme to set up technology institute to focus on R&D
  23 Feb 2023, retail.economictimes.indiatimes.com
  The company said in a statement that its upcoming flagship device, the Realme GT3, will come with 240W fast charging technology…
• Technical consumer goods market in India sees remarkable 29% value growth in 2022: Report
  23 Feb 2023, retail.economictimes.indiatimes.com
  According to GfK Market Intelligence’s offline sales tracking for January to December 2022, Technical Consumer Goods (TCG) in India experienced a value growth of 29% compared to the same period in 2021. The gfknewron Consumer Survey 2022 revealed that within major domestic appliances, consumers are moving towards upgrading their washing machines and refrigerators…
• Sheth Homes inks pact for nearly 1-million-sq-ft joint development in Mumbai
  23 Feb 2023, retail.economictimes.indiatimes.com
  The project is the free-sale component of a slum rehabilitation project and the Ashwin Sheth Group company will be investing over Rs 400 crore to develop this portion of the project…
• Delhi-NCR and Hyderabad to lead mall supplies in India
  23 Feb 2023, livemint.com
  Delhi-NCR and Hyderabad will account for nearly half of the mall supply that India’s top cities are set to receive over the next four to five years as entry of newer brands and expansion by existing ones fuel demand for real estate, according to a joint report by real estate consultant Anarock and Retailers Association of India (RAI)…
• Malls’ growth in top cities to break records this year
  23 Feb 2023, economictimes.indiatimes.com
  Top seven Indian cities will add nearly 11 million square feet of mall space — the size of more than 145 football fields — in 2023, as developers rush to deliver new properties after a hiatus during the pandemic, according to a report…
• Phoenix Mills draws expansion plans for malls
  23 Feb 2023, projectsmonitor.com
  Phoenix Mills will be expanding its retail and office assets. The company will be adding over eight million sq ft of space to its retail and office assets as demand for office gains momentum…
• Middle Eastern companies flock to J&K: Srinagar to house Emaar Mall
  23 Feb 2023, business-standard.com
  From shopping malls to food processing, Jammu & Kashmir is attracting the attention of foreign investors, especially from West Asian countries…
• Sectors 92 and 93: A promising premium floors destination in New Gurugram
  23 Feb 2023, financialexpress.com
  New Gurugram’s Sector 92 & Sector 93, located between Gurugram and Manesar in Haryana, are primarily evolving as a residential real estate hub for property seekers in Gurugram and beyond…
• Retail space demand to rise further, rents to surge 15% in 6 mnths: Experts
  23 Feb 2023, business-standard.com
  Retailers Association of India says retail market size is expected to touch $2 trn by 2032; also, retail sales surpassed pre-pandemic and grew by 19% in 2022..
• Top 20 Commercial Real Estate Companies in India 2023
  23 Feb 2023, inventiva.co.in
  Commercial real estate is a thriving industry in India, with many companies vying for market share in this lucrative sector…
• Retail outlets at new airport terminal soon
  23 Feb 2023, timesofindia.indiatimes.com
  The Airports Authority of India (AAI) has started the process of setting up retail outlets in the new integrated terminal scheduled to be commissioned soon. More shops will be set up in the other terminals…
• DEERIKA Hypermart Expands Offline Presence in Jasola
  23 Feb 2023, indianretailer.com
  DEERIKA Hypermart has launched its second Hypermarket at the Pacific Premium Outlets, Jasola, Opposite Apollo Hospital, New Delhi. DEERIKA’s Hypermarket offers a wide variety of categories, including Grocery items, Fashion, Electronics, Luggage, Footwear, Home fashion, and much more. The range of products extends from basic to premium, providing consumers with a wide assortment to choose from…
• Magniflex India Expands Offline Presence in Bangalore
  23 Feb 2023, indianretailer.com
  Magniflex India (Made in Italy) has launched its Fourth Franchise Store in Koramangala. The outlet was inaugurated by Anand Nichani, MD, Magniflex India. The store will showcase a wide range of mattresses, including 6 premium mattresses, besides the Ergo bed…
• Zomato Exits from 225 Smaller Cities
  23 Feb 2023, indianretailer.com
  Food-delivery and restaurant discovery platform Zomato pulled out of around 225 smaller cities last month, the company said…
• Amazon Fashion Unveils a Newly Curated Store ‘The Plus Shop’
  23 Feb 2023, indianretailer.com
  Amazon Fashion announces the launch of ‘The Plus Shop’ – a newly curated store offering plus-size apparel from top brands in India. Celebrating inclusivity in fashion, The Plus Shop helps customers easily find looks that help them flaunt their curves proudly…
• Bisleri International Partners with Nasser Abdulla Lootah Group
  
  23 Feb 2023, indianretailer.com
  Bisleri International sets up its first overseas operations in UAE. The brand has partnered with the established and well-known Gulf company – Nasser Abdulla Lootah Group. The manufacturing and bottling will be under the flagship of Emirates Drinking Water, which is part of the Nasser Abdulla Lootah Group of Companies in the region…
• LoveChild Partners with Myntra, Unveils ‘Shaadi’ Inspired Blushes and Highlighters
  23 Feb 2023, indianretailer.com
  LoveChild has launched the perfect beauty pick-me-up this wedding season for flushed cheeks and contoured cheekbones! Adding to its existing product categories like lipsticks, eye makeup, skincare, fragrances, and wellness, the brand is now stepping into the face makeup category with a splendid new range of products to reinforce the brand’s commitment to growing its portfolio with inclusive products…
• Adidas Expands Product Portfolio with the L10NEL M35SI Pack
  23 Feb 2023, indianretailer.com
  adidas has launched the L10NEL M35SI Pack, celebrating the legendary journey of Lionel Messi. At 35 years old and fresh off having won his first World Cup, ´El Diez´(Number 10) continues to make history, showing no signs of slowing down…
• Usha eyes about Rs 3,800 cr revenue in FY23; strengthens BEE 5-star rated fans portfolio
  22 Feb 2023, retail.economictimes.indiatimes.com
  Usha aims to see year-on-year growth of 12-15 per cent for its fans portfolio in the mid-price segment, that is, between Rs 2,000 to Rs 4,000…
• Walmart CFO says Flipkart’s rising share in parent’s revenue growth, profit is inspiring
  22 Feb 2023, retail.economictimes.indiatimes.com
  Walmart International, which includes Flipkart, reported net sales of $27.6 billion for the quarter under review, a growth of little over 2% on a year-on-year basis…
• Sapphire Foods to increase its stake in Maldives-based GFIPL from 51% up to 75%.
  22 Feb 2023, retail.economictimes.indiatimes.com
  “The Board of Directors of Gamma Pizzakraft (Overseas) Pvt Ltd (GPOPL), wholly-owned subsidiary of SPIL, has considered and approved subscription of upto 81,914 Equity Shares of GIFPL, subsidiary of GPOPL and step-down subsidiary of the Company, for a total consideration of upto 1.88 crore Maldivian Rufiyaa (Rs 10.15 cr),” it said…
• Consumer goods to get pricier as firms begin to pass on costs
  22 Feb 2023, retail.economictimes.indiatimes.com
  Top executives of companies, however, said the proposed price hikes of 3-10% over the next 1-2 months will still be one of the lowest in the last two years when inflation shot up to record levels and rupee fell against the US dollar at a higher pace than before, and hence they don’t expect this will have any significant impact on consumption when overall inflation is softening…
• El Nino may derail rural recovery for FMCG cos
  22 Feb 2023, retail.economictimes.indiatimes.com
  Growth in rural markets, which contribute around 36% to sales of an average consumer products company, was already under pressure due to inflation. Hopes were high on a turnaround in rural fortunes. But El Nino might just spoil that party for some…
• ProcMart expands its procurement services in tier II cities across India
  22 Feb 2023, retail.economictimes.indiatimes.com
  The company told ETRetail that it​ has opened warehouses and offices in 7 cities including Indore, Vishakhapatnam, Gandhipur, Rudrapur, Nashik, Aurangabad, and Thiruvananthapuram as it plans to foray into categories including packaging, biomass, and chemicals procurement…
• Textile exports should pick up in H2 2023, domestic demand robust: HGH India’s Arun Roongta
  22 Feb 2023, retail.economictimes.indiatimes.com
  It is a mixed bag for India textiles as exports continue to face a slowdown but domestic demand provides some succour, says HGH India’s Arun Roongta…
• Emami expects expansion in gross margins in Q4FY23
  
  22 Feb 2023, thehindubusinessline.com
  Homegrown FMCG company, Emami Ltd, which had seen its margins come under pressure in the third quarter, expects expansion in both gross margins and EBITDA margins in Q4 FY23 on the back of a decline in commodity prices and overall improvement in macroeconomic scenario…
• Walmart sees weaker 2023 results, cautious on economic outlook
  22 Feb 2023, retail.economictimes.indiatimes.com
  Higher U.S. consumer prices, amid loftier costs for rental housing and food, have raised fears the U.S. Federal Reserve could further lift borrowing costs to cool domestic demand, leading to an economic downturn in the second half of the year..
• Xiaomi to go with a leaner, cleaner portfolio: Muralikrishnan B
  22 Feb 2023, retail.economictimes.indiatimes.com
  “2022 was tricky. In 2020-21, on the back of the pandemic, there was a lot of pent-up demand which unfortunately could not get serviced because of chipset shortage. So, we were very bullish on 2022, with aggressive forecasts. But once the Omicron wave died down, that pent-up demand just got sucked out,” Muralikrishnan said…
• Balenzia Expands Offline Presence in Mumbai
  22 Feb 2023, indianretailer.com
  Balenzia has announced the opening of its first franchisee at Infinity Mall, Malad, Mumbai. This marks the second launch of the year for the brand and its first-ever franchisee. The move has generated a great deal of excitement from fans of the brand, as well as entrepreneurs looking to get in on the action…
• Third Wave Coffee opens its 91st cafe at Oberoi Mall
  22 Feb 2023, retail4growth.com
  TWC has 91 cafés across different cities in India, namely Hyderabad, Coonoor, Bengaluru, Delhi, Mumbai, Chandigarh, and Pune…
• DEERIKA Hypermart Retail launches its second hypermarket in Jasola
  22 Feb 2023, business-standard.com
  DEERIKA Hypermart, a one-stop-shopping hub for all your daily household and personal needs, launches its second Hypermarket at the Pacific Premium Outlets, Jasola, Opposite Apollo Hospital, New Delhi. DEERIKA’s Hypermarket offers a wide variety of categories, including Grocery items, Fashion, Electronics, Luggage, Footwear, Home fashion & much more…
• H&M opens its 9th store in Delhi
  22 Feb 2023, apparelresources.com
  Fashion retail brand H&M India has announced the opening of its 9th store in New Delhi, at the Vegas Mall, Dwarka…
• HomesToLife Enters into Indian Market, Opens Store in Mumbai
  22 Feb 2023, indianretailer.com
  HomesToLife has launched its first retail outlet of 7,500 sq.ft in Mumbai’s Phoenix Market City, Kurla. One of the busiest shopping centers in the nation, the mall draws an enormous crowd with its portfolio of more than 100 major brands. The finely curated HomesToLife store will bring to life the comfort for which the brand is known in Singapore…
• Burger Singh Expands Offline Presence in Jharkhand
  22 Feb 2023, indianretailer.com
  India’s largest homegrown burger chain, Burger Singh has announced its entry in the state of Jharkhand with plans to set up 6 outlets in Bokaro Steel City, Bokaro, Deoghar, Dhanbad, Jamshedpur, and Ranchi. The QSR chain also intends to hire 80 personnel to service its new outlets across Jharkhand…
• Athleisure Wear Brand FITKIN Launches in India
  22 Feb 2023, indianretailer.com
  Dedicated to delivering comfort and style, Fitkin is a homegrown, premium athleisure brand that champions the goal of making fitness an affordable and attainable lifestyle. With an ambitious vision to transform fitness from a monotonous chore into a full-blown lifestyle, their collection boasts a diverse array of categories, from high-performance sports bras, breathable training tights, comfortable workout tees, stylish and stylish and chic tanks, cozy sweatshirts, sleek jackets, and versatile joggers…
• Vastu Dairy Expands Product Portfolio with Vastu Premium Gold Ghee
  22 Feb 2023, indianretailer.com
  Shree Radhe Dairy Farm and Foods Ltd (Vastu Dairy), the leading producer of milk and milk products from Surat launched its new product Vastu Premium Gold Ghee…
• Magniflex expands retail footprint to 69 outlets with new store in this Asian country
  22 Feb 2023, furnituretoday.com
  Italian mattress manufacturer Magniflex is expanding its retail footprint in India with the opening of its another franchise store here to capture the growing consumer segment in the area…
• Bisleri signs manufacturing tie-up with Dubai group
  21 Feb 2023, retail.economictimes.indiatimes.com
  The Nassser Abdulla group, a 25-year-old entity, has interests in travel, shipping, logistics, mineral water, real estate and IT. Group company Emirates Drinking Water will produce the Indian company’s Bisleri water at its plants in Dubai, which will sell in Dubai, Sharjah and Abu Dhabi in mass-premium general and modern trade stores, hotels and restaurants, and via ecommerce platforms…
• Demand for mass-priced products under pressure due to inflation
  21 Feb 2023, retail.economictimes.indiatimes.com
  “People earning between 15,000 and 35,000 in a month are under pressure of inflation because their shopping basket is largely food and essentials such as pulses, oil and vegetables. Their basket price actually increased by 30-35% due to inflation,” Lalit Agarwal, chairman of hypermarket chain V-Mart, told ET…
• Categories like FMCG, home to drive e-commerce penetration in future, says Flipkart business head
  21 Feb 2023, retail.economictimes.indiatimes.com
  Citing a recent report, Mishra said that the e-commerce penetration for these categories in India is much lower than developed nations. “The outlook is that these categories will increase their share in etail from 20-25 per cent to 30-35 per cent,” said Mishra noting that all of these categories have been growing at a very healthy CAGR…
• Small packs fit inflation-hit urban baskets
  21 Feb 2023, retail.economictimes.indiatimes.com
  “Inflation is a major challenge,” said Sanket Ray, president, Coca-Cola India and Southwest Asia. “Small packs (₹10-20) give us an affordability play across all our brands in urban and rural markets. We are expanding into multiple categories with a focus on small packs, and it is paying off.”…
• Is inflation still haunting the FMCG industry?
  21 Feb 2023, retail.economictimes.indiatimes.com
  Oils and fats had a 13% increase in the wholesale price index in the quarter ending in June 2022, while wheat saw a 10.6% increase. While the price of soap and other amenities increased by more than 9% in the same quarter, the price of bread and biscuits increased by 9.6% and 7.6%, respectively…
• Flipkart in talks to acquire Bengaluru-based e-pharma player Pharmallama
  21 Feb 2023, business-standard.com
  Online retailer Flipkart is in talks to acquire stake in Bengaluru-based Pharmallama, according to a report by Mint…
• India’s economic activity cools in January amid slowdown fears
  21 Feb 2023, retail.economictimes.indiatimes.com
  Domestic recovery, that has been driving momentum so far, is getting wobbly. The Reserve Bank of India, which has raised borrowing costs six times since May to 6.50%, is seen increasing interest rates again in its April review amid inflation topping estimates and further tightening by global central banks…
• Former diamantaire Nirav Modi’s gems go on sale to pay off $1.5 billion
  21 Feb 2023, retail.economictimes.indiatimes.com
  The auction will take place on March 25, said Santanu T. Ray from AAA Insolvency, the court-appointed liquidator to handle the bankruptcy proceedings. “This will be the first auction of precious metals and stones” released by the government agency, which probes white-collar crimes…
• ‘Titan India likely to grab greater market share, expand business in FY24’
  21 Feb 2023, retail.economictimes.indiatimes.com
  Tata-owned Titan Company sees an opportunity to grab a greater market share in several categories of products, expand its business and pass on costs to customers despite inflationary pressures in FY24, said CK Venkataraman, Managing Director…
• Chai Sutta Bar expands offline presence to 41 new locations in 2 months
  21 Feb 2023, retail.economictimes.indiatimes.com
  The QSR franchise Chai Sutta Bar is also planning to expand overseas in countries like the UK, the US, and Canada in the coming months…
• Samsung goes aggressive on premium retail
  21 Feb 2023, retail.economictimes.indiatimes.com
  Samsung will be expanding its flagship stores beyond Delhi and Bangalore, while the company managed to score a strong opening for the S23 line-up, getting over 1. 4 lakh pre-orders worth Rs 1,400 crore on the first day…
• Electronics firms bank on offline stores to boost sales
  21 Feb 2023, livemint.com
  Even as 2022 saw e-commerce beat offline retail in terms of the number of smartphones sold in India, electronics firms are stepping up their retail footprints in 2023…
• Hyderabad absorbs 2.1 lakh sq ft mall space in H2 CY22: CBRE
  21 Feb 2023, thehindubusinessline.com
  CBRE South Asia, an arm of the US-based commercial real estate services and investment firm, has said that the Hyderabad real estate market has absorbed 2.1 lakh sq ft of investment-grade malls in H2 CY22. This indicates more and more shoppers returning to physical retail shrugging off the Covid-19 fears…
• For retail sector in T.N. to grow, experts call for sector-specific policy
  21 Feb 2023, thehindu.com
  As chain stores, home-grown brands and national brands now have a big presence in T.N., experts say a cohesive State policy that focuses on ease of doing business, ease in raising capital and tech-centric growth is the need of the hour…
• H&M India expands footprint, opens 9th store in New Delhi
  21 Feb 2023, retail4growth.com
  “The store is spread over 1677 square feet, designed by the latest interior trends, the store offers a modern and welcoming shopping experience featuring H&M’s latest collection for Women, Men and Kids,” says the company statement…
• BHUMIKA GROUP, TO LAUNCH PHASE II OF URBAN SQUARE MALL IN UDAIPUR
  21 Feb 2023, rprealtyplus.com
  The second phase will feature a range of retail shops with 3 more anchor tenants, a food court, restaurants and an entertainment zone, offices, a 5-star hotel with 200 keys, and ample parking space both in the basement as well as a multilevel car park…
• Leasing of retail space in Kolkata grew by 80% last year
  21 Feb 2023, timesofindia.indiatimes.com
  Leasing of retail space in malls, high street and standalone stores picked up in Kolkata in the latter half of last year to record 18 lakh sq ft in 2022, a significant 80% increase over the previous year when 10 lakh sq ft had been leased by retailers in a year that was impacted by the pandemic to a great extent…
• Pine Labs Launches Dukaan Studio To Modernise Offline Kirana Stores
  21 Feb 2023, inc42.com
  B2B payments unicorn Pine Labs has launched Dukaan Studio, a new venture to help kirana store owners modernise their stores…
• Water Purifier Brand Kent Launches Kuhl Stylish Fans
  21 Feb 2023, indianretailer.com
  Water purifiers and appliances brand Kent RO Systems Limited launched a state-of-the-art energy-saving “Platin” Series of Kuhl Stylish Fans…
• Somany Ceramics Expands its Retail Footprint, Opens Exclusive Showroom in Birgunj, Nepal
  21 Feb 2023, indianretailer.com
  Somany Ceramics Limited, a brand that specializes in ceramics and allied products segments, is known to be a leader in design and innovation and has opened, Somany Exclusive showroom in Birgunj, Nepal-GTC Overseas…
• Merino Laminature Introduces New Decorative Laminate Range
  
  21 Feb 2023, indianretailer.com
  Merino introduced a highly decorative laminate range, Laminature. Merino Laminature has embellished laminates with textures that give a refined tangible feel in coherence with the design. The surface texture exuberates seamless decor patterns and makes the laminates indistinguishable from solid woods and veneers…
• Saffola a Rs 2,000-crore-plus brand; worst of inflation is over, says Marico MD & CEO
  20 Feb 2023, retail.economictimes.indiatimes.com
  The rural FMCG market, which has witnessed a decline in the last 4-5 quarters, is expected to have a turnaround in the next 2-3 quarters, Marico MD & CEO Saugata Gupta said…
• Consumer electronics firms begin to increase inventory, anticipating a recovery in demand in coming quarter
  20 Feb 2023, retail.economictimes.indiatimes.com
  ​​Executives of several companies told analysts in their earning calls and to ET that such a build-up is after the pre-Diwali days with demand slumping majorly post Diwali due to high inflation and retailers too cutting down on inventory levels…
• With losses at Rs 1 trn, startups shift focus to bottom line
  20 Feb 2023, financialexpress.com
  ​​Karthik Reddy, co-founder and managing partner, Blume Ventures, told FE startups are course correcting. “Every start-up has got the memo in bold letters and is sincerely acting on it. Nervous investors mean no easy capital and reduced runways,” Reddy said…
• India’s economy to grow at 6% in 2023-24: Former Niti Aayog vice chairman Rajiv Kumar
  20 Feb 2023, retail.economictimes.indiatimes.com
  Former Niti Aayog Vice Chairman Rajiv Kumar stated on Sunday that India is expected to achieve a 6 percent growth rate in the next fiscal year. Kumar attributed this projected success to the series of reforms undertaken by the Narendra Modi government in the past eight years, which have set the foundation for sustained high growth ..
• Bullish for double-digit growth for Tanishq: Jewellery division CEO, Titan
  20 Feb 2023, thehindubusinessline.com
  Tanishq plans to expand its high-value and solitaire segment by 2x, wedding and occasion wear segment by 1.5x, increase omnichannel revenue from 6% to 10%, add 40 stores, expand 25 stores…
• Esme bullish on cosmetics brand Blue Heaven
  20 Feb 2023, retail.economictimes.indiatimes.com
  ​​Private equity firm Samara Capital-backed Esme Consumer plans to grow by threefold its mass-market cosmetic brand, Blue Heaven, over the next five to six years even as it scouts for opportunities in the lower-rung of the consumer market…
• HUL to sell Annapurna and Captain Cook brands for Rs 60.4 crore; exits atta and salt biz
  20 Feb 2023, retail.economictimes.indiatimes.com
  ​​”HUL’s decision to divest is in line with the stated intent of exiting non-core categories while continuing to drive its growth agenda in the packaged foods business of dressings, scratch cooking and soups.” About consideration received from sale of the two brands, HUL said it is Rs 60.4 crore…
• Daikin eyes $2 billion turnover in India in FY25
  20 Feb 2023, financialexpress.com
  According to the company, the country’s AC market will grow manifolds in the next 10 years. The market is expected to grow to about 40 million room air-conditioners by 2029 from the current of about 8-9 million units…
• The Ultimate Shopping Destination For A Modern Lifestyle In Noida
  20 Feb 2023, outlookindia.com
  ​​An upcoming mall by Saya Group will be a state-of-the-art shopping destination that caters to the modern shopper’s needs. With a range of 65% international, 30% national, and 5% local brands, the mall will offer a diverse shopping experience to its visitors…
• Hyper local or national influencer: What works better for brands?
  20 Feb 2023, brandequity.economictimes.indiatimes.com
  At the Digiplus Fest 2023, Mauli Teli of Iba Cosmetics, Bharat Sethi of Rage Coffee, Deepak H, Ipsos and Ankita Jain, Earnly take centerstage to understand the potential benefits and challenges in the hyperlocal and national influencer ecosystem…
• Samsung goes aggressive on premium retail
  20 Feb 2023, timesofindia.indiatimes.com
  NEW DELHI: As Apple CEO Tim Cook doubles down on India for driving the company’s global growth and prepares to open its first company-owned store, Samsung is ramping up investment to take the challenge head-on. The South Korean company is planning to widen the presence of its flagship brand stores in the country while going aggressive with its top single-screen device —the S23 Ultra…
• HUL to sell Annapurna and Captain Cook brands for Rs 60.4 crore; exits atta and salt biz
  18 Feb 2023, retail.economictimes.indiatimes.com
  ​​”HUL’s decision to divest is in line with the stated intent of exiting non-core categories while continuing to drive its growth agenda in the packaged foods business of dressings, scratch cooking and soups.” About consideration received from sale of the two brands, HUL said it is Rs 60.4 crore…
• United Breweries’ MD & CEO Rishi Pardal resigns
  18 Feb 2023, thehindubusinessline.com
  ​​United Breweries Limited (UBL), part of the Heineken Company, announced that its Managing Director and Chief Executive Officer, Rishi Pardal, tendered his resignation yesterday, February 16 and accordingly, his six months’ notice period will commence…
• Demand for gold jewellery picks up after Budget
  18 Feb 2023, retail.economictimes.indiatimes.com
  ​​Joy Alukkas, Malabar Gold & Diamonds and Senco Gold & Diamonds said customers had held back on purchases expecting a cut in import duty on gold in the budget, which did not happen. This prompted them to loosen their purse strings for the yellow metal…
• HUL surfs upcycle as cost, pricing leader
  18 Feb 2023, retail.economictimes.indiatimes.com
  ​​Economic upheaval has reinforced longer-term trends in consumption patterns. The pace of formalisation is expected to slow with easing inflation and improved credit flow to mass-market producers of consumer goods. Demand recovery in the countryside has trailed that in cities and large consumer goods companies have lost some pricing power as rural consumption approaches pre-pandemic levels…
• Budget steps can boost growth in FY24 to 7%: RBI
  18 Feb 2023, retail.economictimes.indiatimes.com
  ​​The report, authored by RBI deputy governor Michael Patra and other staff at the central bank, has also provided the math behind its forecast. According to the report, India’s real GDP growth would get a boost of 15 basis points (100bps = 1 percentage point) in 2023-24 from tax reductions alone as these cuts would put another Rs 35,000 crore into households and increase consumption…
• Luxury Swiss watches still beat stocks and crypto despite Rolex, Patek drop
  18 Feb 2023, business-standard.com
  ​​Prices for the most coveted Rolex, Patek Philippe and Audemars Piguet watches are still falling but have outperformed returns from stocks and cryptocurrencies, according to Morgan Stanley…
• Nestle India expands direct distribution, deepens rural coverage
  17 Feb 2023, thehindubusinessline.com
  ​​In line with its rurban growth strategy, Nestle India has expanded its direct distribution to 1.5 million outlets in 2022 and is also deepening its rural coverage. The FMCG major has increased its overall distribution network to 5.1 million outlets, which includes direct and indirect distribution in 2022, from 4 million outlets in 2016…
• Pernod Ricard confident on annual sales growth after strong H1
  18 Feb 2023, retail.economictimes.indiatimes.com
  ​​Pernod, which owns Martell cognac, Mumm champagne and Absolut vodka, posted forecast-beating first-half profit and sales, helped by price hikes in China and the United States. ..
• Major Coca-Cola bottler warns prices, glass costs will rise further
  18 Feb 2023, retail.economictimes.indiatimes.com
  ​​Glass shortages have persisted for beverage companies and other manufacturers since the pandemic, with the issue compounded by Russia’s invasion of Ukraine…
• Grover Zampa Vineyards aims at higher wine market share in India
  18 Feb 2023, retail.economictimes.indiatimes.com
  ​​”We aim at increasing our market share in India as the wine segment is growing fast in the country, though it accounts for only 0.4 per cent of the entire liquor industry,” Grover Zampa Vineyards chairman Ravi Vishwanathan said…
• Desi platter: Start-up moots millet-based nutritional products for urban consumers
  18 Feb 2023, retail.economictimes.indiatimes.com
  ​​When Priyamvada Khanna was pregnant she ate millets to meet special dietary needs. Impressed by the results, she went on to float a start-up to use these nutri-cereals to produce energy bars and spreads for the fast-paced urban consumers…
• Philips Domestic Appliances globally renamed as Versuni
  18 Feb 2023, thehindubusinessline.com
  ​​Philips Domestic Appliances has been renamed as Versuni. This comes after Royal Philips sold its domestic appliance business to Hillhouse Capital in September 2021…
• Retail leasing in India grows by 21% YoY to touch 4.7 mn sq ft in 2022
  18 Feb 2023, retail.economictimes.indiatimes.com
  ​​Backed by sustained discretionary spend and rebound in brick-and-mortar sales after the pandemic, retail consumption in India continued to strengthen last year, leading to expansionary space take-up by domestic and international retailers. Retail leasing grew in the country by 21 per cent year on year (YoY) to touch 4.7 million sq ft last year…
• India’s municipal bond market finally opens doors to retail investors
  18 Feb 2023, livemint.com
  ​​The fixed income market is back on investors’ radar, and for good reason. With yields having moved up in the past couple of years, many bonds are offering attractive interest rates. Yield on the benchmark 10-year government securities provides some perspective. From a low of 5.8% in June 2020, it has risen to 7.4%…
• OBEETEE Carpets Plans to Expand Retail Presence
  18 Feb 2023, indianretailer.com
  ​​OBEETEE Carpets, a part of the Luxmi group, has chalked out plans to step up its retail presence across the country, an official said. Chairman of OBEETEE Rudra Chatterjee said presently the company has retail stores in Mumbai, Delhi, and Hyderabad. The first design studio of the company has been opened in Kolkata…
• The Emergence of the Indian e-Commerce Market and Retail Trends to Watch in 2023
  18 Feb 2023, indianretailer.com
  ​​The Indian e-commerce market has seen tremendous growth in recent years, and this trend is expected to continue in the coming years. According to a report by KPMG, the Indian e-commerce market is projected to reach $200 billion by 2026, driven by the increasing penetration of the internet and smartphones in the country. As a result, the e-commerce sector is expected to generate employment for around 9.5 million people by 2025…
• Bevzilla Gets on Q-Commerce
  18 Feb 2023, indianretailer.com
  ​​Bevzilla, a brand serving hand-crafted beverages, has launched on quick commerce platforms, Zepto and Blinkit. The brand offerings products like coffee and milkshake cubes will now provide instant service to customers through these delivery platforms…
• Govt Join Hands with Meesho for Marketing of SHGs’ Products
  18 Feb 2023, indianretailer.com
  ​​The Rural Development Ministry has partnered with the e-commerce platform Meesho for marketing of products made by the Self Help Groups (SHGs)…
• VEEN India Evolving Fine Dining With Water
  18 Feb 2023, indianretailer.com
  ​​Premium quality water is compulsory to complete a great meal. Indian restaurateurs and hotel owners in the fine dining business agree that today every customer is provided with the option of choosing regular or mineral water with their meal, and in most cases, they prefer mineral water. However, that’s only half the battle won…
• Cremeitalia Forays into D2C Biz, Launches New Website
  18 Feb 2023, indianretailer.com
  Cremeitalia, a natural cheese brand, announced its foray into direct-to-customer business with its new website. It aims to penetrate the markets in Tier ll and Tier lll cities to make natural, fresh, and non-processed cheese available to everyone!…
• Merino Laminature Expands Product Portfolio, Launches New Range
  18 Feb 2023, indianretailer.com
  ​​Merino has introduced the highly decorative laminate range, Laminature. Merino Laminature has embellished laminates with textures that give a refined tangible feel in coherence with the design. The surface texture exuberates seamless decor patterns and makes the laminates indistinguishable from solid woods and veneers…
• True Elements Represents India for Millets in Europe IYOM in 2023
  18 Feb 2023, indianretailer.com
  ​​India’s first Clean Label and 100 percent Whole Grain certified food brand, True Elements, was invited to represent India at the first-ever global outreach event for Millets by the Government of India – the Saveurs and Métiers Expo – held in Belgium in January ..
• How does Bharat shop online? 85-90% of rural customers use COD for payments: Snapdeal CEO INTERVIEW
  18 Feb 2023, financialexpress.com
  ​​Snapdeal is looking at reaching out to more than 90 per cent online shoppers, especially from the smaller towns of India. Almost 85-90 per cent of the shoppers from ‘Bharat’ are placing the orders using cash on delivery as their preferred mode of payment, Himanshu Chakrawarti said…
• Moonshot to Expand Omnichannel Distribution Network by the end of 2023
  18 Feb 2023, indianretailer.com
  ​​Moonshot, an Omni-channel DaaS (Distribution as a Service) platform offering emerging, regional, and established D2C brands access to general trade, modern trade, e-commerce, and quick commerce via its tech-enabled plug-and-play solution and distribution network, is aiming to increase the reach of its services Pan India and across categories by the end of the year 2023…
• Zebronics Unveils Product Portfolio with Zeb-Rocket 500
  18 Feb 2023, indianretailer.com
  ​​Zebronics has launched a portable Bluetooth speaker called the ZEB-Rocket 500, whose design has been inspired by iconic DC characters, The Joker and Black Adam…
• Nestle India Q4 net profit rises 65.5% at Rs 628 crore
  17 Feb 2023, retail.economictimes.indiatimes.com
  ​​The company’s net sales increased 13.95 per cent to Rs 4,233.27 crore in the fourth quarter as against Rs 3,714.86 crore in the corresponding period last fiscal…
• Godrej Appliances expects 2X growth in air conditioner biz, eyes Rs 1200 cr revenue in FY24
  17 Feb 2023, retail.economictimes.indiatimes.com
  ​​For the overall summer portfolio, Nandi expects the company to record a volume growth of 20-25 per cent over last year…
• Nestle India on path to accelerated growth in rural areas, prices of some commodities still a concern, says CMD
  17 Feb 2023, retail.economictimes.indiatimes.com
  ​​”When there is a big question on rural India and rural growth, I do admit that rural play of Nestle is only 20 per cent but you see the growth has been around 25 per cent to 26 per cent. Again rural India for Nestle India is resonating and we are on a path to accelerated growth in rural markets as well,” he told analysts in an earnings call…
• Indian consumer goods makers bet on rural recovery to lift profits
  17 Feb 2023, retail.economictimes.indiatimes.com
  ​​Cinthol soap-maker Godrej Consumer Products Ltd and Parachute oil manufacturer Marico Ltd are set to improve their earnings the most in two years when they report results for the fiscal fourth quarter, according to Refinitiv data…
• Perfora bags 3-shark deal worth Rs 80 lakh at Shark Tank
  17 Feb 2023, retail.economictimes.indiatimes.com
  ​​The brand, which was launched in August 2021, closed last fiscal at Rs 1.5 crore and is planning to clock Rs 18 crore this fiscal…
• January brings cheer to Tiruppur as knitwear exports up marginally after 5-months of decline
  17 Feb 2023, thehindubusinessline.com
  ​​The first month of this calendar year has brought some cheer to the textile manufacturers in Tiruppur, as knitwear exports have reported a marginal positive growth after reporting a fall for five consecutive months…
• Rage Coffee expands its QSR presence, partners with Keventers to launch cold coffee
  17 Feb 2023, retail.economictimes.indiatimes.com
  ​​Rage Coffee expands its QSR presence, partners with Keventers to launch cold coffee…
• OBEETEE Carpets plan to expand retail presence in country
  17 Feb 2023, retail.economictimes.indiatimes.com
  ​​”OBEETEE is an old carpet brand with manufacturing units at Mirzapur in Uttar Pradesh and in Rajasthan. In the last 20 to 25 years, the Luxmi group has taken over the erstwhile brand which was owned by three Britishers Oakley, Bowden and Taylor”, he said…
• No losers in race to build new towns
  17 Feb 2023, tribuneindia.com
  ​​India has zero plans for building new towns; the only plans available are for urban redevelopment that yield juicy contracts. Redevelopment can accommodate only a tiny fraction of the prospective rise in the urban population. We simply need new towns. Building new towns is a great booster for overall growth…
• Fashion and apparel industry lead India’s retail space consumption: Report
  17 Feb 2023, businesstoday.in
  ​​In a quick recovery from the pandemic-induced slump, the fashion and apparel industry have been front runners in pushing retail space occupancy across India, claims a CBRE report…
• Top 20 Retail Companies In India 2023
  17 Feb 2023, inventiva.co.in
  ​​The retail sector in India is the most vibrant and currently growing. Strong demand and rising investment are the reasons for this…
• Reliance JioMart Shuts 90 min Delivery Service ‘Express’: says Report
  17 Feb 2023, indianretailer.com
  ​​Reliance’s JioMart has stopped the operations of its quick grocery delivery service JioMart Express, a report said. The service was launched by the company in March 2022. It is no longer available for download on the Google Play Store and its website is also inactive…
• Adani Wilmar’s Fortune Online Store Completes 2 yrs
  17 Feb 2023, indianretailer.com
  ​​Adani Wilmar Limited marks the milestone of completing 2 successful years in the D2C space with its e-commerce platform – Fortune Online. The one-of-its-kind pioneering platform has consistently expanded its presence to 25+ cities across India over the past couple of years…
• Rage and Keventers Join Hands, Introduces Hazelnut Cold Coffee
  17 Feb 2023, indianretailer.com
  ​​As spring approaches, Rage Coffee and Keventers have a treat in store for all cold coffee lovers. Rage Coffee’s intensely pure caffeine and Keventers’ classily cool shakes are infused in a bottle together to create the Hazelnut Cold Coffee…
• Welspun expects ₹1,700-cr revenue from retail biz by FY26
  17 Feb 2023, thehindubusinessline.com
  ​​Welspun India expects exports to bounce back by end of next fiscal after being hit by global recession in the last few months…
• Accenture ai.RETAIL platform integrates Google Cloud’s technologies for retailers
  17 Feb 2023, timesofindia.indiatimes.com
  ​​Google Cloud has announced new initiatives with Accenture to help retailers modernize their businesses and benefit from cloud technology, including updates to Accenture’s widely-adopted ai.RETAIL platform. These integrates Google Cloud’s leading capabilities in data analytics, AI, and product discovery…
• Gargee Designer’s Expands Product Portfolio with PIUOMO
  17 Feb 2023, indianretailer.com
  ​​The renowned menswear label, Gargee Designer’s, launched their new collection “PIUOMO” as a vivid sequence of menswear for the upcoming spring/summer season. The collection captures the timeless quality of menswear and draws inspiration from comfort and contemporary sensibilities. ..
• Zebronics Unveils Product Portfolio with Zeb-Rocket 500
  17 Feb 2023, indianretailer.com
  ​​SurfZebronics has launched a portable Bluetooth speaker called the ZEB-Rocket 500, whose design has been inspired by iconic DC characters, The Joker and Black Adam…
• Parag Milk Foods Appoints Tushar Nerkar as New Marketing Head
  17 Feb 2023, indianretailer.com
  ​​Parag Milk Foods has appointed Tushar Nerkar as the new marketing head to nurture young talent and bolster the development of the company, the brand announced in a release. The company also promoted Pournima Surve to the position of head of corporate communications and public relations…
• Ed-a-Mamma Expands Product Portfolio, Unveils Infant Wear Range
  17 Feb 2023, indianretailer.com
  ​​Fresh from the resounding success of their first-ever sustainable nursing maternity-wear collection, actor and investor Alia Bhatt’s brand is now expanding its product offerings to launch an Infant’s Collection focusing on the age group of 0-3 years…
• Surf Excel is now a $1-billion brand
  16 Feb 2023, retail.economictimes.indiatimes.com
  ​​Surf, the original market leader in the detergent category, was evicted from the top spot in 1985 by Ahmedabad-based Nirma’s eponymous brand. This led HUL to launch the lower-priced Wheel to take on the new rival, capturing the top spot back. It held on to the position from the early 1990s till 2012, when Kanpur-based RSPL’s Ghari brand edged it out. Surf, however, upstaged both Wheel and Ghari three years ago…
• Over 60% international retail brands expanded operations in Jul-Dec ’22 : CBRE
  16 Feb 2023, retail.economictimes.indiatimes.com
  ​​Other prominent categories that continued to drive leasing activity during Jul-Dec ‘22 included food & beverage (12%), along with hypermarket (7%) categories. The entertainment category, which was impacted the most during the pandemic, also emerged as one of the top demand drivers during Jul-Dec ‘22 with 6% share in overall space take-up…
• Wipro Consumer Care Ventures made 10x returns from partial exit in The Good Glamm Group
  16 Feb 2023, thehindubusinessline.com
  ​​Wipro Consumer Care – Ventures had set up a ₹200 crore fund almost three years back and has since committed 60 per cent of the amount…
• Spencer’s Retail Q3 Results: Loss widens to Rs 61.75 crore
  16 Feb 2023, retail.economictimes.indiatimes.com
  Total expenses were higher at Rs 703.89 crore as compared to Rs 669.49 crore in the same quarter a year ago.Spencer’s Retail Sector Head Shashwat Goenka said at a consolidated level the company’s business has grown led by significant growth in the non-food business and also from the food business with sustained omni-channel presence.”Continuous investments in making our digital shopping experience seamless for our consumers have helped us sustain the growth in the omni channel business,” he added…
• Sunpure’s parent company acquires Maharashtra-based edible oil brand, Riso
  16 Feb 2023, retail.economictimes.indiatimes.com
  ​​With this acquisition, MK Agrotech aims to strengthen Sunpure’s presence in the Maharashtra market and achieve a revenue of Rs 120 crore in FY 2023-24 from the region…
• Top 11 listed retailers, QSRs opened 12 stores/day in ’22
  16 Feb 2023, retail.economictimes.indiatimes.com
  ​​These firms – Reliance Retail, Aditya Birla Fashion and Retail (ABFRL), D’Mart, Trent, Tata Starbucks, Titan, Jubilant FoodWorks, V Mart, Shoppers Stop, Westlife Foodworld, and Burger King – added 4,583 outlets last year, increasing their combined store network to 28,064 doors, data sourced from their latest investor presentations show…
• Pet care brand Zigly aims to reach profitability in the next 3-4 years
  16 Feb 2023, retail.economictimes.indiatimes.com
  ​​The brand which was started with an investment of Rs 25-30 crore earns 65 per cent of its revenue from products and remaining 35 per cent comes from services…
• Marico to invest in more D2C brands; food, digital in focus
  16 Feb 2023, livemint.com
  ​​Marico Ltd plans to invest in more direct-to-consumer startups to expand its bouquet of digital-first brands, as the maker of Parachute and Saffola oils hopes to harvest the benefits of scaling up smaller consumer brands…
• Marico to expand portfolio in MENA
  16 Feb 2023, thehindubusinessline.com
  ​​In a bid to expand its international business, Fast Moving Consumer Goods (FMCG) major Marico will grow its product portfolio for the Middle East and North Africa regions (MENA)…
• Australian homeware brand Anko to launch in India
  16 Feb 2023, retail.economictimes.indiatimes.com
  The company has appointed Pulkit Bansal as Head of Anko India. He will be responsible for developing and executing Anko India’s strategy, operations management, and building people capability to support the growth and scaling the business in the country…
• Apparel retailers lead leasing activity in H2 of 2022
  16 Feb 2023, livemint.com
  Fashion and apparel retailers led retail expansion in the second half of 2022, as brands stepped up expansion in India’s smaller cities, according to a report by CBRE South Asia Pvt. Ltd. Fashion and apparel retailers continued to expand their footprint, accounting for 42% share of overall leasing activity in July-December 2022, the consulting firm said in its India Retail Figures H2-2022 report released Wednesday…
• India a bright spot for investments despite current volatility: Blackstone
  16 Feb 2023, rediff.com
  ​​Despite the recent turmoil in the Indian markets after a scathing report on the Adani group from Hindenburg Research, American private equity major Blackstone is “bullish” on the India growth story and plans to invest more in the country’s infrastructure and real estate projects…
• Bengaluru led retail leasing activity in July-Dec 2022, pan-India supply dropped 69% YoY: Report
  16 Feb 2023, moneycontrol.com
  Bengaluru and Delhi-NCR, followed by Chennai and Mumbai, together accounted for almost 80 percent of the overall retail space take-up during the same period…
• Shop owners, residents seek ban on spa centres in mall
  15 Feb 2023, tribuneindia.com
  ​​Shop owners of MGF Metropolitan Mall, along with nearby residents, have demanded a ban on spa centres here, accusing them of running prostitution racket…
• Rahul Dhamdhere appointed as Chief Marketing Officer of KidZania India
  16 Feb 2023, afaqs.com
  KidZania India has appointed Rahul Dhamdhere as chief marketing officer effective from 10th January 2023…
• Top 20 Apparel & Fashion Companies in India 2023
  16 Feb 2023, inventiva.co.in
  ​​Currently, learning about India top 30 clothing and textile firms, as well as the top 25 fashion labels, is not difficult. If you live in an urban area, you can find several renowned Indian and international fashion brands by visiting a mall…
• Burger Singh to Expand Retail Presence in Odisha
  16 Feb 2023, indianretailer.com
  ​​The largest Made-In-India Burger Chain, Burger Singh, is set to make an entry into Odisha for the first time, as it plans to open 8 new outlets in the state and intends to hire 100 personnel for manning its new outlets…
• Revlon Expands Product Portfolio with packaging Resonating with Indian Consumers
  16 Feb 2023, indianretailer.com
  ​​Revlon’s most premium brand in the hair color market, TOP SPEED, offers a unique 5-minute color technology for easy application along with Mother of Pearl and Ginseng root extracts for shiny and nourished hair…
• True Elements Represents India for Millets in Europe IYOM in 2023
  16 Feb 2023, indianretailer.com
  ​​India’s first Clean Label and 100 percent Whole Grain certified food brand, True Elements, was invited to represent India at the first-ever global outreach event for Millets by the Government of India – the Saveurs and Métiers Expo – held in Belgium in January…
• Nutrizoe Expands Product Portfolio, Unveils New Product Range
  16 Feb 2023, indianretailer.com
  Women wellness brand Nutrizoe has introduced new flavors for its lactation-aiding bar Lactobites and nausea-inhibiting oral strips Nail the Nausea…
• Mars Wrigley Expects High Growth from Brands – Galaxy, Snickers & Boomer
  16 Feb 2023, indianretailer.com
  ​​India is a “seed market” for Mars Wrigley and the global confectionery major is investing in the country ahead of the curve for better growth, a company official said…
• Akihi Forays into Indian Markets, Unveils 10 Vegan Skincare Products
  16 Feb 2023, indianretailer.com
  ​​Akihi has announced the launch of its wide range of world-class vegan skin care products in the country. The brand has launched 10 vegan skincare products under its umbrella that feature Remove the Dust Cleansing Balm, Clean Up Gel Face Wash, Effortless Exfoliation Face Scrub, Calm the Soul Toner, Genie In The Bottle Facial Serum, Relax the Soul Face Moisturizer, Serene Dreams Night cream, Smooth Out The Edges Body Butter, Brighter Smile Lip Scrub and Own Your Smile Lip balm…
• Foxtale Expands Product Portfolio with The Diva
  15 Feb 2023, retail.economictimes.indiatimes.com
  Foxtale has launched The Diva, the newest addition to the brand’s elaborate and efficacious skincare solution range. The latest superstar entrant by Foxtale – The Diva, is an overnight glow mask designed to deliver brighter, smoother, and younger-looking skin with its powerful blend of AHAs and PHAs. This innovative formula promises to help one achieve a radiant complexion while one sleep…
• Coca-Cola chief James Quincey sees huge potential in India
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​“In all likelihood, it won’t be a straight line. But in a way, India exemplifies the long-term opportunity for emerging markets.”…
• Exclusive | JioMart shutters its quick delivery service ‘Express’
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Users can no longer download the JioMart Express app from the Google Play Store, and its website is also inactive. Instead, it is directing users to try JioMart on WhatsApp where deliveries are taking at least a few hours or the next day as opposed to JioMart Express, which was a 90-minute delivery service…
• India is rapidly growing into a beauty epicenter of the world: L’Oréal global CEO
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​”From a €500 million business today, I think we can take it to €1 billion in the next foreseeable future. So very excited about India,” Nicolas Hieronimus, chief executive officer at L’Oréal told investors. “I don’t think India will never ever look like China, but it’s still a very promising market for us. We have high ambitions. Middle classes are rising in a major way. It’s still not as developed as we would like in terms of distribution, but it’s really accelerating and our shares are growing.”…
• Subway says it’s exploring selling the sandwich company
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Subway has been losing market share in recent years to fast-growing rivals like Panera and Firehouse Subs, which feature more varied menus and newer stores. Subway took notice, and began a program to modernize its stores in 2017. In 2021, it refreshed its menu and upgraded ingredients; last year it introduced a line of chef-developed sandwiches…
• Reliance Retail opens E-outlet Tira for beauty products
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​”The platform has a dedicated luxury section which is in direct competition to Nykaa Luxe,” said an executive with direct knowledge of the details. “We stock products that are formulated by experts and backed by industry insiders. Tira is the destination for those looking for unheard of skincare lines or a cult-favourite makeup,” the platform has announced on its app, according to another executive…
• Dabur weighs acquisitions to expand across India, Southeast Asia
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​NykaaOn the back of its $71 million purchase of spice producer Badshah Masala Pvt Ltd. in October, the 139-year-old firm, which sells traditional Ayurvedic medicine and herbal products including toothpaste and shampoo, is evaluating other targets in health, food and personal care in those markets, Chief Executive Officer Mohit Malhotra said…
• Grasim Industries Q3 profit falls on demand slowdown
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​The textiles manufacturer, part of the Aditya Birla Group, said its standalone net profit fell to 2.57 billion rupees ($31.07 million) in the quarter ended Dec. 31, from 5.22 billion rupees a year ago…
• Liberty Shoes net profit drops 62.9% in Q3 FY23
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Liberty Shoes’ ​​total revenue from operations slightly increased to Rs 158.52 crore in Q3 FY23 as from Rs 151.90 crore in the same quarter last year with an year-on-year growth of 4.3 per cent. As per the regulatory filing, its total expenses grew to Rs 155.95 crore in the October-December quarter as compared to Rs 145.70 crore in the corresponding quarter of previous year…
• Bata India reports 15% rise in net profit at Rs 83.19 crore in Q3 FY23
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Bata India’s revenue from operations rose 7 per cent year-on-year (YoY) to Rs 900.21 crore in Q3 FY23 from Rs 841.30 crore in the same period of the last fiscal.​..
• Indian luxury market in 2023 and beyond
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Although, major economies in the world are witnessing recessionary trends, Indian economy is estimated to grow by around 7% this year to become fifth largest economy in the world. According to recent EY report, India’s GDP will reach $26 trillion and its per capita income will touch $15000 by 2047, placing it among the top developed economies…
• Radico Khaitan Q3 net profit falls 23 pc to Rs 61.2 crore
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Its revenue from operations was down 3.97 per cent to Rs 3,166.19 crore during the quarter under review as against Rs 3,297.24 crore in the corresponding quarter of the previous fiscal…
• Coca-Cola HBC’s annual profit beats, warns of price increases
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Most companies have hiked prices in a bid to pass on some of these costs to their consumers. Although a cost of living crisis has seen a shift in consumer spending, packaged beverage and food makers have continued to see resilient demand…
• Cloud kitchen startup Edabba plans to raise funds for expansion
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​The cloud-based chain plans to set up 12 more kitchens in these two cities in the coming six to nine months after raising funds…
• Phone or TV, action is at the premium end now
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Sales of premium products across categories from smartphones and televisions to water purifiers, refrigerators and ACs grew as much as nine times faster than their overall segmental growth last year, shows the 2022 data for the consumer electronics industry…
• Instagram to end live shopping feature on March 16
  15 Feb 2023, businessinsider.in
  ​​Social media platform Instagram has announced that it will discontinue its live shopping feature, which allows users to tag products in their live broadcasts on March 16…
• Prestige Estates Projects’ net profit up 75% in Q3 FY23
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Prestige Estates Projects’ consolidated total revenue stood at Rs 2,347.50 crore in Q3 FY23, a growth of 74.22 per cent from Rs 1,347.40 crore it recorded in the similar quarter of the last year…
• Blackstone says India top Asian market, eyes infra investments
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Private equity deals in India totalled $32 billion last year, a 27% drop from 2021. However India’s share of total Asia funding rose to 25% from 16% in the same period…
• Cantabil Retail Expands Offline Presence in India with 5 New Stores
  
  15 Feb 2023, indianretailer.com
  ​​Cantabil Retail India Ltd has kicked off the year 2023 with the opening of 5 new exclusive retail outlets. As part of the company’s strategic vision to increase its retail portfolio, new apparel and accessories stores have been opened in different states, including Jammu and Kashmir, Punjab, Maharashtra, and Uttar Pradesh…
• Provenance Gourmet Gifts and Royce’ Chocolateare Expands Presence in Bangalore
  15 Feb 2023, indianretailer.com
  ​​Provenance Gourmet Gifts and Royce’ Chocolateare has launched its 7th outlet in Orion Mall at Brigade Gateway. The gift boutique offers a wide range of curated gourmet and lifestyle products and thoughtful gift hampers…
• Airports Authority of India launches retail and F&B tenders at Pune International Airport
  15 Feb 2023, moodiedavittreport.com
  ​​Airports Authority of India (AAI) has launched tenders for retail and food & beverage outlets covering over 2,000sq m at Pune International Airport. They will be spread across existing terminal buildings and the upcoming new integrated terminal building, which will be operational by July this year…
• Mars Wrigley Expects High Growth from Brands – Galaxy, Snickers & Boomer
  15 Feb 2023, indianretailer.com
  ​​India is a “seed market” for Mars Wrigley and the global confectionery major is investing in the country ahead of the curve for better growth, a company official said…
• How Deepika Padukone’s 82°E is Working Towards Simplifying Skincare Routines
  15 Feb 2023, retail.economictimes.indiatimes.com
  ​​Founded by Deepika Padukone and Jigar K Shah- 82°E is a modern self-care brand with skincare as its inaugural category. The brand was incepted owing to the founders’ realization that though the beauty and personal care space in India have seen immense growth, there are clear whitespaces and pain points that could be solved at scale with celebrity influence…
• Nykaa Q3 results: Falguni Nayar says 2022 a year of investments; fashion segment leads in growth
  14 Feb 2023, retail.economictimes.indiatimes.com
  ​​Nykaa saw a 68 per cent fall in its consolidated net profit to Rs 9 crore for the quarter that ended December 31, 2022. The company reported a net profit of Rs 29 crore in the same quarter last year…
• Nykaa Q3 Results: Profit declines 68% YoY to Rs 9 crore
  14 Feb 2023, retail.economictimes.indiatimes.com
  ​​Nykaa Q3 Results: Revenue from operations, meanwhile, surged 33% year-on-year (YoY) to Rs 1,462 crore for the quarter under review…
• Future Consumer Q3 net loss narrows to Rs 41.23 crore
  14 Feb 2023, retail.economictimes.indiatimes.com
  ​​The revenue from operations of the debt-ridden Future Group’s FMCG arm was down 79.64 per cent to Rs 91.73 crore during the quarter under review as against Rs 450.73 crore in the year-ago period…
• Etail beats retail in smartphone shipments in 2022
  14 Feb 2023, retail.economictimes.indiatimes.com
  ​​Shipments from manufacturers’ factories to online channels were at a record high share of 53% in the last calendar year even as in absolute terms they declined 6% year on year due to a fall in demand, data from IDC India showed…
• Amazon CEO doubles down on grocery store business – FT
  14 Feb 2023, retail.economictimes.indiatimes.com
  ​​Jassy blamed a lack of normalcy during the pandemic for a series of stumbles and said the company was ready to “go big” on bricks-and-mortar stores, the report added…
• India’s retail inflation breaches RBI’s tolerance limit in January, accelerates to 6.52%
  14 Feb 2023, retail.economictimes.indiatimes.com
  ​​Higher inflation has been a concern for central banks across the globe, including India, as the uncertain nature of the Russia-Ukraine war compounded supply side disruptions in the post-pandemic world that was barely going through a nascent recovery from economic shocks…
• Khadim India net profit declines to Rs 4.81 crore in Q3 FY23
  14 Feb 2023, retail.economictimes.indiatimes.com
  ​​The company’s revenue from operations dips 19 per cent year-on-year (YoY) to Rs 148.95 crore in Q3 FY23 as compared to Rs 185.04 crore in the corresponding period of previous fiscal, as per the regulatory filing…
• Lux Industries to achieve turnover of Rs 1,000 crore by FY26
  14 Feb 2023, retail.economictimes.indiatimes.com
  ​​To increase the growth of the men’s wear segment, Lux Industries has roped in Bollywood actress Jacqueline Fernandez to endorse the men’s innerwear…
• Zomato, Swiggy cap password sharing in loyalty schemes
  14 Feb 2023, financialexpress.com
  ​​In the past, several Zomato Gold — which offered one plus one offers — users shared screenshots of the offers with non-members, which led the company to make its first set of tweaks…
• India is among fastest growing markets for Mars Wrigley: Kalpesh R Parmar
  14 Feb 2023, retail.economictimes.indiatimes.com
  ​​”There is a resurgence around India; some of the larger economies are facing tougher headwinds. If companies want to exist for the next few decades, they have to grow in India,” Parmar told ET in an interview at the company’s factory near Pune, where it makes Snickers and Galaxy chocolates…
• 
  The Good Glamm Group launches Good Community in alliance with WhatsApp
  14 Feb 2023, retail.economictimes.indiatimes.com
  ​​Good Community seeks to augment and strengthen the Good Glamm Group’s content-creator-commerce flywheel Beauty and personal care conglomerate The Good Glamm Group has launched Good Community, an omnichannel network of consumers and experts…
• Select CITYWALK Becomes India’s First Shopping Center To Install AQS For Purified Indoor Air
  14 Feb 2023, newspatrolling.com
  ​​In an industry first approach, Select CITYWALK becomes a pioneer to install Air Quality System(AQS) in order to provide best indoor air quality to patrons. The shopping centre has installed multistep filtration in their AHU to improve the outside air by 70-80%. Keeping the health and safety of its consumers on priority, Select CITYWALK has consciously taken an initiative to introduce advanced technology in the filtration system across the entire premises…
• Thane’s Bright Minds Participate in KORUM Mall’s Chess Competition
  14 Feb 2023, newspatrolling.com
  ​​KORUM Mall is thrilled to announce that its recent chess tournament was a resounding success, with players from all over Mumbai and Thane coming together to engage in competitive matches. Players of all skill levels, from amateur enthusiasts to professionals, competed in the tournament…
• Garmin Expands Offline Presence in Bengaluru
  14 Feb 2023, indianretailer.com
  ​​Garmin India, a unit of Garmin Ltd. announced the launch of its second brand store in Bengaluru, which is in line with Garmin’s retail footprint expansion plan and enhanced connectivity in the Indian market. The new experiential store aims to meet the surge in consumer demand by allowing customers to easily experience and purchase Garmin products and services…
• Muscle and Strength India Ropes in Tarun Gill as Brand Ambassador
  14 Feb 2023, indianretailer.com
  ​​Muscle and Strength India, one of the country’s leading retailers of fitness supplements and nutritional products, has signed renowned fitness influencer and athlete Tarun Gill as it’s Brand Ambassador. As part of this association and one of the biggest deals in the fitness industry, Tarun will be spearheading several initiatives for the brand in the space of health, wellness, and nutrition, and also appear in multiple campaigns which will run across multiple platforms promoting the brand…
• VIP Clothing Q3: Revenue down but profit increases
  14 Feb 2023, apparelresources.com
  ​​VIP Clothing Ltd., one of the leading innerwear companies, has reported a net profit of Rs. 5 crore for the Q3 of current fiscal compared to net loss of Rs. 2 crore in the same period of last fiscal…
• Zomato exits 225 smaller cities due to “not very encouraging” performance in recent quarters
  13 Feb 2023, retail.economictimes.indiatimes.com
  ​​The Gurugram-based company on Thursday reported that its consolidated revenue grew 75% to Rs 1,948 crore in the October-December quarter, even as its loss jumped five times to Rs 346 crore…
• Blinkit looking to expand dark store count by around 40% over next 12 months
  13 Feb 2023, retail.economictimes.indiatimes.com
  Blinkit posted a revenue of Rs 301 crore in the third quarter ended December 31, 2022, up 28% quarter-on-quarter (QoQ), while gross order value (GOV) stood at Rs 1,749 crore, a growth of 18% QoQ…
• Godrej-backed company India Circus aims to touch Rs 80 crore revenue this fiscal
  13 Feb 2023, retail.economictimes.indiatimes.com
  Currently, the company has 16 stores across India and targets to open 15-16 stores in the upcoming fiscal year. It has a presence in Pune, Mumbai, Chennai, Kolkata, Bangalore, Jaipur, Ajmer, Alibaug, and Hyderabad and plans to add stores in Delhi, Chandigarh, and Lucknow…
• Companies are rushing to stock retail stores with summer products
  13 Feb 2023, retail.economictimes.indiatimes.com
  “We don’t want to take any chances by running out of stock. So, we have pre-stocked much earlier this year than we normally do. We have safeguarded ourselves,” Ravi Jaipuria, chairman of RJ Corp-owned Varun Beverages, PepsiCo’s exclusive bottling partner, said at the company’s post-earnings call last week…
• D2C brand Zouk eyes strong offline presence, international foray
  13 Feb 2023, retail.economictimes.indiatimes.com
  The brand will be marking its international foray anywhere between May-June this year…
• Expect ecommerce volumes to grow 15-20% in 2023: Delhivery CEO Sahil Barua
  13 Feb 2023, retail.economictimes.indiatimes.com
  While some e-tailers may go through ups and downs based on their respective funding situation, the broad arc of e-commerce remains positive, Barua said after an earnings call with analysts on Saturday…
• Khadi fast emerging as new avenue of lucrative ‘start-up’: Jitendra Singh
  13 Feb 2023, retail.economictimes.indiatimes.com
  “Today, Khadi garments and outfits have assumed the status of designer items and elite wear. Modi has popularised Khadi across the world with the mantra of Khadi for nation, Khadi for fashion and Khadi for transformation,” the minister of state in the prime minister’s office said…
• Dabur India expects fruit drinks biz to end fiscal with ₹200 crore, foods at ₹160 crore
  13 Feb 2023, thehindubusinessline.com
  Dabur India expects its fruit drinks and milkshake portfolio to end the fiscal year with sales of ₹200 crore and foods business with sales of ₹160 crore. The company is also augmenting its capacity in the beverage season before the summer season kicks-off…
• India smartphone market dip 27 per cent in Q4; entry-level, sub-Rs 25,000 segment most hit
  13 Feb 2023, retail.economictimes.indiatimes.com
  Smartphone shipments in the sub-USD 300 (about Rs 25,000) price segment declined by 15 per cent while mid-premium and premium price segments of USD 300-500 and over USD 500 (Rs 41,000) grew by 20 and 55 per cent, respectively during 2022…
• Dutch pension fund APG Asset Management in talks to sell stake in Virtuous Retail
  13 Feb 2023, thehindubusinessline.com
  Dutch pension fund manager APG Asset Management is in talks to sell, either partially or fully, its stake in Virtuous Retail South Asia, which owns and operates about 14 million square feet of retail assets in India…
• Shah at CAMPCO’s Golden Jubilee; launches nation’s first Agro Mall
  13 Feb 2023, indiancooperative.com
  Attending the golden jubilee celebrations of CAMPCO (Central Arecanut and Cocoa Marketing and Processing Co-operative Limited) as the chief guest at Puttur in Karnataka Union Home Minister and Minister of Cooperation, Amit Shah said that CAMPCO has completed 50 years and the completion of 50 years by an organization certifies that the organisation has served the farmers and its members with best of its capability…
• RelianceD2C brand Zouk eyes strong offline presence, international foray
  11 Feb 2023, retail.economictimes.indiatimes.com
  Online fashion accessory brand Zouk is planning its expand its presence in the offline market by launching its exclusive brand outlets in key malls of metro cities. The brand is currently available in around 30 retail touchpoints and plans to reach 100 touchpoints in the next few quarters…
• Reliance to invest Rs 75,000 cr across retail, telecom, renewables biz in UP: Mukesh Ambani
  11 Feb 2023, retail.economictimes.indiatimes.com
  Talking about its retail arm, Ambani said that Reliance Retail aims to revolutionize hundreds and thousands of kiranas and small stores across the state enabling them to grow more and earn more…
• ‘Tech winter is not coming for Zomato.’ Deepinder Goyal says it’s best time to look for great talent
  11 Feb 2023, retail.economictimes.indiatimes.com
  ​Goyal said that the rough years for the tech industry are only a blip…
• Bajaj Consumer Care net profit dips 13.54% to Rs 33.20 crore in Q3 FY23
  11 Feb 2023, retail.economictimes.indiatimes.com
  The company’s consolidated total revenue from operations stood at Rs 229.56 crore in Q3 FY23 as against Rs 228.82 crore in Q3 FY22, as per the regulatory filing…
• Devyani International Q3 net profit rises 7.6% to Rs 71.03 crore
  11 Feb 2023, retail.economictimes.indiatimes.com
  ​Its revenue from operations in the third quarter of the current fiscal rose 26.61 per cent to Rs 790.59 crore against Rs 624.42 crore in the year-ago period, Devyani International Ltd (DIL) said in a regulatory filing…
• Consumer giants like Unilever sacrifice sales by scrapping product lines
  11 Feb 2023, retail.economictimes.indiatimes.com
  Companies in the sector typically stock thousands of variations of sizes and flavours of different products. Narrowing that range can simplify operations. The groups are trying to spend less as they struggle to pass on higher input costs to consumers…
• Offline companies beat e-tailers in leasing warehouses
  11 Feb 2023, retail.economictimes.indiatimes.com
  ​Offline retailers leased 3.2 million square feet (msf) of warehousing space last year, bouncing back to pre-pandemic levels, data from commercial real estate services firm CBRE showed. At the same time, warehousing space that ecommerce companies took on lease in 2022 more than halved to 2.2 msf from 5.9 msf in 2021 as demand shifted to offline retail stores that operated without any restrictions last year…
• Delhivery Q3 revenue falls 8% to Rs 1,823 crore
  11 Feb 2023, retail.economictimes.indiatimes.com
  ​Losses jumped 54% to Rs 195 crore from Rs 126 crore in the corresponding period last year…
• Why secondhand smartphones are a top choice for customers today
  11 Feb 2023, retail.economictimes.indiatimes.com
  Around 25 million smartphones were bought and sold in the secondhand market, and their sales are expected to rise to 51 million units at a valuation of $4.6 billion by 2025, as per a report by IDC and the Indian Cellular and Electronics Association (ICEA)…
• Patanjali to focus on high-margin premium products
  11 Feb 2023, livemint.com
  ​Patanjali Foods, formerly Ruchi Soya Industries, which sells biscuits, edible oil, soya-chunks and honey will launch more high-margin premium products, including cookies, vitamin-gummies and millet-based foods in the next two quarters, Sanjeev Asthana, chief executive, Patanjali Foods, said in an interview…
• Pet care brand Wiggles elevates Pushkaraj Vartak to CFO and Prashant Kohli to CMO
  11 Feb 2023, retail.economictimes.indiatimes.com
  ​Speaking on the development, Anushka Iyer, founder and CEO of the company said, “At this stage, we are looking at progressive, compassionate & result oriented leaders to drive growth for the organization.” She believes that they will help chart the best course for the next growth phase for Wiggles…
• Akzo Nobel India net profit rises 16% to Rs 97.4 crore
  11 Feb 2023, retail.economictimes.indiatimes.com
  ​Akzo Nobel India Managing Director Rajiv Rajgopal said: “We have registered a topline growth of 8 per cent in the quarter led by a strong performance across the Coatings businesses. Decorative paints saw a relatively muted growth, retail markets were affected by the monsoon in October but saw an uptick in November and December.”…
• Budget handsets’ share in India dips below 50% in 2022
  11 Feb 2023, livemint.com
  ​The share of entry-level handsets in India’s smartphone market fell to below 50% in 2022. These devices, which are priced below ₹8,000, usually account for the largest part of India’s market. However, analysts and market watchers have been noting a steady decline over the past year or so…
• Realme partners with Coca-Cola to launch smartphone
  11 Feb 2023, retail.economictimes.indiatimes.com
  ​When asked what the partnership says about the brand’s strategy to strengthen its consumer base, Sheth said that with this collaboration, both brands will be able to tap into each other’s consumer base and reach a wider audience. The partnership will also help in exploring new marketing channels and reaching new audiences, which can lead to increased sales and customer user base in the future…
• Noida, Greater Noida to get new malls, Lulu Group to invest Rs 2500 crore
  11 Feb 2023, dnaindia.com
  ​Noida news, Greater Noida news: Around 6,000 people will get direct job opportunities in Uttar Pradesh…
• How Wacoal India is Redefining Lingerie by Creating Sustainable Products
  11 Feb 2023, indianretailer.com
  ​Sustainable fashion is gaining a strong foothold in India. Consumers are consciously aware of the effect their choices can have on the global environment and are showing a strong inclination for eco-friendly fabrics and processes. There is a wide awareness of the importance of near-shoring, carbon footprints, and more conscious manufacturing processes. ..
• PepsiCo Records Double Digit Revenue Growth in India in 2022
  11 Feb 2023, indianretailer.com
  ​Global food and beverages major PepsiCo said its Indian unit delivered a “double-digit organic revenue growth” in 2022. The company has gained market share in beverage and savory snacks in markets, including India, PepsiCo said in its earning statement…
• 4700BC Extends Snacking Portfolio, Unveils Corn Chips+
  
  11 Feb 2023, indianretailer.com
  4700BC, India’s mass premium snacking brand, continues its streak of disruption for the snacking category with the launch of the Corn Chips+. This revolutionary launch is set to be a game changer, thereby elevating the chips category to a whole new level. The tagline – Upgrade to the Future – reveals their desire to be a disruptor and provide people with a product that is crunchy, rich, and savory in every aspect…
• Reliance Jewel Expands Product Portfolio with New Collection
  11 Feb 2023, indianretailer.com
  ​Reliance Jewels is asking their customers not to forget the most important person, “themselves”; thus making Valentine’s Day not only a celebration with your loved one but also making it a day where you celebrate love for oneself. Reliance Jewels, India’s leading jewelry brand, launched a unique collection to celebrate you. A collection for those who love and embrace themselves – #KhudseBhiPyaarKaro and make the world a better and happier place as well…
• Fabelle Unveils Grand Chocolate Festival, Fête du Chocolat
  10 Feb 2023, retail.economictimes.indiatimes.com
  ​Fabelle Exquisite Chocolates, a home-grown luxury chocolate brand from ITC Ltd., renowned for creating unparalleled chocolate experiences, has always propelled the Indian luxury chocolate sector to newer and greater heights…
• Rural markets in India flat due to impact of high food inflation on low income consumers: Unilever CEO Alan Jope
  10 Feb 2023, retail.economictimes.indiatimes.com
  ​”The market growth in India remains stronger in urban areas than in rural areas and that reflects the high impact of high food inflation on low income consumers. We are seeing rural markets broadly flat in value terms with lower volumes,” Jope said during its earnings call. “But we remain confident that we can continue to grow ahead of the market in India.”…
• PepsiCo reports double digit revenue growth in India in 2022
  10 Feb 2023, retail.economictimes.indiatimes.com
  The company has gained market share in beverage and savory snack in markets, including India, PepsiCo said in its earning statement…
• Zomato Q3 Results: Loss widens to Rs 347 crore, but sales rise 75% YoY
  10 Feb 2023, retail.economictimes.indiatimes.com
  Zomato had posted a loss of Rs 63 crore a year ago and Rs 251 crore a quarter ago..
• Cargill expects to register double-digit growth by May 2023; expand its presence in South India
  10 Feb 2023, retail.economictimes.indiatimes.com
  The company recently entered the South India market in December with its manufacturing facility in Nellore, Andhra Pradesh. The company said it invested $35 million in the new unit to grow its market in the region. According to the global food corporation, its annual revenue stood at $165 billion fiscal ended May 2022. Further, it said India is becoming an important market globally and will play a large role in its growth strategy for the Asia-Pacific (APAC) region…
• Emami to focus on digital-first brands; eyes 25% contribution from e-comm and modern trade
  10 Feb 2023, retail.economictimes.indiatimes.com
  ​The Navratna oil maker saw an approximately 4 per cent decline in its domestic business in Q3. Noting the same, Goenka said that due to muted demand in rural markets coupled with a weak winter, the brand couldn’t grow its topline…
• United Breweries consolidated net loss at Rs 1.81 crore in Dec quarter
  10 Feb 2023, retail.economictimes.indiatimes.com
  UBL said due to change in operating models in these states on account of post integration review undertaken by Heineken, there has been a volume decline, which resulted in lower cash inflows due to reduction in revenue…
• Voltas posts net loss of Rs 110 crore in Q33
  10 Feb 2023, retail.economictimes.indiatimes.com
  Its revenue from operations was up 11.82 per cent to Rs 2,005.61 crore during the quarter under review as against Rs 1,793.59 crore in the year-ago period…
• India’s retail inflation may have risen to 5.99% in January
  10 Feb 2023, livemint.com
  After declining for two straight months, retail inflation has picked up in January, just short of the 6% upper tolerance level of RBI’s target, a Mint poll of 20 economists showed. For December, inflation rate was at 5.72%…
• Shoppers return to pre-Covid buying habits
  10 Feb 2023, retail.economictimes.indiatimes.com
  Marketers said the shift was happening for last few quarters due to the fall in Covid infection rates and lifestyle returning back to pre-Covid days, but the transition to pre-Covid level consumption has largely been completed last quarter across multiple categories like apparel, fast moving consumer goods (FMCG), laptops and household appliances…
• Marico scouting for D2C brands in personal care, food categories
  10 Feb 2023, thehindubusinessline.com
  Betting on rising digital commerce, Marico is looking to acquire direct-to-consumer (D2C) companies in the personal care and food segment…
• D2C startup ZOFF raises Rs 1 crore from boAt’s co-founder in Shark Tank India
  10 Feb 2023, retail.economictimes.indiatimes.com
  In the last fiscal, ZOFF’s annual revenue stood at Rs 60 crore. It expects to generate Rs 65-70 crore in current fiscal year. The company said the key factors that contributed to its growth are quality, packaging and online sales…
• Oberoi Realty’s Second Mall in Mumbai to Open this Year
  10 Feb 2023, rli.uk.com
  The new mall will be situated at Borivali East, a part of the Mumbai’s western suburbs, and is strategically located, flanked by the Western Express Highway on one side and a metro station on the other…
• Omaxe Chowk to have the biggest food court in India
  10 Feb 2023, business-standard.com
  Omaxe Chowk, a first-of-its-kind retail destination located in the heart of Delhi – Chandni Chowk brings the largest food court in India. Spread across one lakh sq. ft. area, the food court will have over 2,000 seating capacity…
• Pickcel’s Digital Signage Solution Helps Amazon Scale Its Product Promotions on 120+ Screens in Various Shopping Malls
  10 Feb 2023, martechseries.com
  One of the world’s leading digital signage solution providers, Pickcel, is well known for its ‘efficiency with technology’ mantra. The brand has bagged another major success in mitigating a retail enterprise business challenge…
• Simpli Namdhari Expands Offline Presence in JP Nagar
  10 Feb 2023, indianretailer.com
  With an aim to serve more customers with its differentiated offerings, Simpli Namdhari’s, a 100 percent vegetarian omnichannel retailer and a brand owned by the Namdhari’s Group, opened its 10th store in Bengaluru’s JP Nagar area…
• Pansari Group Unveils “PANSARI EPICURE” to Drive Sales
  10 Feb 2023, indianretailer.com
  Pansari Group, one of the leading FMCG brands with decades of experience, is ready to spread its presence in the HoReCa B2B segment with PANSARI EPICURE. The initiative offers a complete range of high-quality food ingredients to professional chefs, purchase managers, and small restaurant owners with their personalized and versatile bulk ordering. PANSARI EPICURE has been making an available variety of rice, oil, and millet along with Chefys Seasoning and Shasha spices, needed for the HORECA sector…
• TenderCuts Unveils New Yenture, HappyChops
  10 Feb 2023, indianretailer.com
  TenderCuts has announced the launch of a brand-new venture, HappyChops – a marketplace to empower local meat shops with the latest technologies, robust supply chain, and accelerated growth…
• Oberoi Realty’s net profit increases by 50.27% in Q3 FY23
  09 Feb 2023, retail.economictimes.indiatimes.com
  Oberoi Realty’s consolidated total income stood at Rs 1,651.50 crore in Q3 FY23, a growth of 95.17 per cent from Rs 846.19 crore it recorded in the similar quarter last year…
• Adani Wilmar Q3 Results: Net profit rises 16% YoY to 246 crore
  09 Feb 2023, retail.economictimes.indiatimes.com
  Revenue from operations increased 7% year-on-year (YoY) to Rs 15,438 crore in the December quarter. It was Rs 14,370 crore in the year-ago period…
• Coke may take Thums Up, Maaza to global markets
  08 Feb 2023, retail.economictimes.indiatimes.com
  While homegrown cola brand Thums Up has crossed $1 billion in sales in India, Maaza juice is expected to enter the billion-dollar club by 2024…
• We are long on India, its consumers, and economy: Levi Strauss
  09 Feb 2023, retail.economictimes.indiatimes.com
  “Globally, the first half of 2023 is probably going to be a little tougher than the second half. The consumer in the western world is a little tight with higher inflation and high energy prices. But we are long on India, its consumers, the economy as well as apparel growth,” Harmit Singh, global chief financial and growth officer at Levi Strauss & Co told ET…
• Aditya Birla Group enters premium casual dining space
  09 Feb 2023, retail.economictimes.indiatimes.com
  The group’s hospitality arm housed under Aditya Birla New Age (ABNA) has collaborated with India’s well-known chef restaurateur Rahul Akerkar and will build premium casual dining restaurant chains across India…
• Bajaj Electricals may take price hike for fans; to continue on brand spends in Q4: MD
  09 Feb 2023, retail.economictimes.indiatimes.com
  “We’re not reducing any prices as we will not pass any costs to the consumer. The reduction in input costs is only fair that we get to keep some of it so that our margins are back to normal.”..
• Sheela Foam looks to buy furniture rental Furlenco
  09 Feb 2023, livemint.com
  Sheela Foam Ltd is in advanced talks to acquire furniture rental startup Furlenco, said three people with knowledge of the development, as the maker of the Sleepwell brand of mattresses looks to expand into newer business categories…
• Advertising spends on Ecomm platforms crossed $1 billion in 2022
  09 Feb 2023, retail.economictimes.indiatimes.com
  According to business intelligence platform Tofler, Flipkart Internet, the marketplace part of Walmart-owned Flipkart India, posted 50% year-on-year growth in ad revenue at ₹2,083.5 crore in FY22. At Amazon India’s marketplace subsidiary, Amazon Seller Services, advertisement revenue rose 63% to ₹4,171.4 crore. These two sites generated more than ₹6,250 crore in ad income in FY22…
• Consumer confidence continues upward trajectory: RBI survey
  09 Feb 2023, livemint.com
  Indian consumers showed increasing optimism about the general economic conditions and household income, according to a survey conducted by the Reserve Bank of India in January…
• Trent net profit rises at Rs 154.81 crore in Q3 FY23
  09 Feb 2023, retail.economictimes.indiatimes.com
  Its revenue from operations was at Rs 2,303.38 crore during the quarter under review compared to Rs 1,499.08 crore in the third quarter of FY22…
• Cantabil Retail posts 13% in Q3 profit
  09 Feb 2023, retail.economictimes.indiatimes.com
  According to a statement shared with exchanges, revenue went up 23.82 per cent to Rs 163.10 crore, against Rs 131.72 crore in the year-ago period…
• TenderCuts integrated marketplace Happy Chops to onboard 1,000 local meat vendors by June 2023
  09 Feb 2023, retail.economictimes.indiatimes.com
  ​The company has already onboarded more than 100 local chicken and mutton shops in Chennai covering almost 15 percent of the urorganised chicken and meat market in the city and by March 2023, it plans to onboard 300 more neighbourhood stores…
• Symphony Q3 profit rises 86% to Rs 39 crore
  09 Feb 2023, retail.economictimes.indiatimes.com
  Revenue from operations rose 35.12 per cent to Rs 277 crore during the quarter under review against Rs 205 crore in the year-ago period…
• Noida, Greater Noida to get new malls, UAE company worth $8 billion to invest Rs 2500 crore
  09 Feb 2023, msn.com
  Good news has emerged for the people of Noida. After Lucknow, Lulu Group will construct new malls in Noida and Greater Noida. The Noida Authority has entered into an agreement with the Lulu Group. The group will invest Rs 2500 crore into Noida. They have received the land in Greater Noida for this purpose…
• Coming soon: QR Code based coin vending machine at railway stations, malls, markets across 12 cities in India
  09 Feb 2023, timesofindia.indiatimes.com
  To improve the distribution of coins among the public, the Reserve Bank of India is preparing a pilot project on QR Code based Coin Vending Machine (QCVM) in collaboration with a few leading banks of India…
• ‘Levi Strauss allocating more dollars towards Asia in 2023’
  09 Feb 2023, livemint.com
  Consumer preference for casual and active wear like sweatpants during covid lockdowns had prompted clothing brands to step up efforts to align their product ranges to meet new demand…
• KARAN and MOIN Expands Retail Footprint in Gurugram
  09 Feb 2023, indianretailer.com
  KARAN and MOIN, defined by its flawless 30-year heritage of customizing bespoke, made-to-measure wardrobe that syncs to your body language, recently launched its physical shop in Gurugram. The studio at Gurugram is the label’s first step towards strengthening its presence in the NCR region and getting closer to its customers…
• Eli Bitton Expands Offline Footprint with First Store in Delhi
  09 Feb 2023, indianretailer.com
  Eli Bitton, an Israel-origin fashion house, officially opened its flagship store in Delhi in December 2022. The showroom features one of the largest selections of ready-to-wear exquisitely embroidered evening gowns in the Delhi NCR region…
• RENÉE Cosmetics Expands Offline Footprint in Lucknow
  09 Feb 2023, indianretailer.com
  RENÉE Cosmetics adds yet another flagship store in the country, this time in Lucknow at Lullu Mall; this is alongside the existing shop-in-shop stores and the online presence that the brand already has in the city, further widening its outreach. Renowned actress Mouni Roy inaugurated the store, which will showcase the brand’s extensive portfolio across make-up, skincare, and fragrances divisions…
• Blue Tribe Partners with INOX Cinemas
  09 Feb 2023, indianretailer.com
  In a bid to expand its consumer base and reach customers who are always on the lookout for healthy but delicious snack options, Blue Tribe, India’s leading foodtech company working strenuously on a mission to reinvent global meat-consuming methods has joined forces with INOX Cinemas…
• Carlsberg’s India and Nepal JV partner to sell its entire 33.3% stake for $744 million
  08 Feb 2023, retail.economictimes.indiatimes.com
  Carlsberg said for several years, it has had serious disagreements pertaining to the Shareholders’ Agreement between Carlsberg and its partner CSAPL Holdings Pte Ltd (CSAPLH) in relation to Carlsberg South Asia Pte Ltd (CSAPL), the holding company for the businesses in India (100%) and Nepal (90%).Carlsberg owns two thirds and CSAPLH the remaining one third in the holding firm…
• Ikea cuts prices on select articles by 16-39% in India
  08 Feb 2023, retail.economictimes.indiatimes.com
  The company’s insights over the last four years of its presence in the country, where it understood that Indian consumers are very price sensitive was the prime reason for it, Ikea India’s chief executive and chief sustainability officer Susanne Pulvere said, adding that it is not driven by competitive pressures…
• Aditya Birla Fashion and Retail net profit slumps to Rs 11.21 crore in Q3 FY23
  08 Feb 2023, retail.economictimes.indiatimes.com
  The company made accelerated marketing investments post a hiatus of 2 years across businesses as the company reinstated its rigor on augmenting its brands and building customer engagement, as per the regulatory filing. Stating the reason for the impact on net profit, the company said its marketing and strategic investments in new ventures increased by almost 2.3 times during the quarter…
• Air care to become a large and profitable business for GCPL in the next five years
  08 Feb 2023, retail.economictimes.indiatimes.com
  “​​Among the categories that we operate in where we are seeing significant improvement are air care and liquid detergents. For Godrej Aer, we are increasingly seeing people use sprays and air fresheners in cars. It will be a core category for us. Today it has become a mid-sized category for us but it has the potential to become one of our biggest categories soon.”…
• Citykart appoints Ritesh Rathi as its president and COO
  08 Feb 2023, retail.economictimes.indiatimes.com
  Established in 2015, Citykart sells affordable fashion wear for men, women, kids, footwear, and accessories along with home furnishings, general merchandise, toys, and other utility items…
• Demand woes for FMCG, retail: No signs of green shoots yet
  08 Feb 2023, retail.economictimes.indiatimes.com
  This slowdown in FMCG sales and overall consumption is in contrast to lifestyle and premium brands. Several large global consumer goods companies like Procter & Gamble, Mondelez, Diageo, Apple, H&M, Levi’s and Skechers said in recent earnings calls that their India business was resilient during the December quarter despite global macroeconomic headwinds such as inflation…
• Kalyan Jewellers Q3 Results: Net profit rises 10% YoY to Rs 148 crore
  08 Feb 2023, retail.economictimes.indiatimes.com
  Kalyan Jewellers clocked a 13% increase in consolidated revenue at Rs 3,884 crore during the October-December 2022 period, which stood at Rs 3,435 crore in the year-ago period. Its Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) were recorded at Rs 327 crore compared to Rs 299 crore in the same quarter of the previous year..
• Online gifting retailer IGP joins hands with Unicommerce to manage its personalized orders
  08 Feb 2023, retail.economictimes.indiatimes.com
  With plans of expansion for the next 3 years, IGP has deployed Unicommerce’s order management and warehouse management solution to simplify its supply chain processes and streamline logistics by implementing a centralised technology system…
• Phoenix Mills records 78% on-year rise in Q3 net profit at Rs 176.4 crore
  08 Feb 2023, retail.economictimes.indiatimes.com
  The company’s operating profit for the quarter rose 67% from a year ago to Rs 384.5 crore. Collection from retail operations in the December quarter stood at Rs 540.1 crore. Operating profit for the segment rose 67% to Rs 384.5 crore…
• Key emerging fashion retail trends to watch in 2023 and beyond
  08 Feb 2023, retail.economictimes.indiatimes.com
  Among major trends, 2022 reinforced the fact that e-commerce and omnichannel are here to stay. For fashion brands to remain future-ready, customer-centricity, flexibility and augmenting retail-tech capabilities will be indispensable to prosper in the digitally-driven retail universe…
• Cinepolis opens multiplex with 9 screens in Delhi
  08 Feb 2023, retail.economictimes.indiatimes.com
  With the new multiplex, the brand’s total screen count now stands at 436 screens with 97 multiplexes across India…
• FMCG companies to go easy on price hikes
  08 Feb 2023, livemint.com
  As raw material prices cool off after nearly two years of staying elevated, packaged consumer goods makers may reduce the intensity of price hikes in the coming quarters, and even reduce prices in some cases…
• Samsung to consider local manufacturing of laptops if business grows: Mincheol Lee, VP
  07 Feb 2023, retail.economictimes.indiatimes.com
  Samsung re-entered the laptop market in 2020 and expanded into 21 countries including India in 2021. The company is aiming to corner a “double digit” market share with the help of laptops targeted at students, enterprises and consumers seeking flagship experience…
• After Rs 10,500 crore infusion, Ikea plans further investment in India
  08 Feb 2023, business-standard.com
  IKEA India has invested most of the Rs 10,500 crore it had set aside for the country and is currently working on a roadmap for the next phase of investments in the country…
• Real estate sentiments takes a further knock: RICS study
  08 Feb 2023, constructionweekonline.in
  India and Singapore are the two markets showing optimistic results, according to a study by RICS Global Commercial Property Monitor. The Royal Institution of Chartered Surveyors (RICS) reports in its Global Commercial Property Monitor for Q4 2022 that sentiment towards real estate at a global level is slipping a little deeper into negative territory…
• Cantabil Retail India standalone net profit rises 13.67% in the December 2022 quarter
  08 Feb 2023, business-standard.com
  Net profit of Cantabil Retail India rose 13.67% to Rs 26.95 crore in the quarter ended December 2022 as against Rs 23.71 crore during the previous quarter ended December 2021…
• Clovia Expands its Offline Presence in Chandigarh
  08 Feb 2023, indianretailer.com
  Clovia has launched its 50th store at Elante Mall, Chandigarh, as part of its aggressive nationwide offline expansion plans. The store is located on the second floor at the mall and houses the complete range of Clovia’s lingerie, sleepwear, and activewear, as well as the Skivia range of personal care products from the House of Clovia…
• Hershey India Expands Product Portfolio with HERSHEY’S Choco Tubes
  
  08 Feb 2023, indianretailer.com
  Hershey India Pvt. Ltd., a subsidiary of The Hershey Company, a leading global snacking and confectionery company, announced its first foray into the chocolatey coated-wafer market. The launch of HERSHEY’S Choco Tubes marks its entry into the Rs 2,000 crore coated-wafer biscuit chocolate segment in India…
• Kalyan Jewellers Q3 Results: Recorded PAT of Rs 148 cr
  
  08 Feb 2023, indianretailer.com
  The Company recorded a consolidated revenue of Rs 3,884 crore for Q3 FY23 as against Rs 3,435 crore in the corresponding quarter of the previous year, a growth of 13 percent. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) was recorded at Rs 327 crore as compared to Rs 299 crore in the same quarter of the previous year…
• RR Decor Expands Product Portfolio with Wither and Taiga Collection
  
  08 Feb 2023, indianretailer.com
  RR Decor is known for its refined upholstery and designs. Their command over the latest trends, designs, and textiles is unmatched. Known for its innovative creativity and designs, RR Decor has launched its latest collection Wither and Taiga Collections…
• Vummudi Bangaru Jewellers Unveils ‘The Peacock Saga’
  
  08 Feb 2023, indianretailer.com
  Vummidi Bangaru Jewellers has come up with an all-new imperial mesmerizing collection – The Peacock Saga –inspired by the majestic peacock. Every piece of jewelry in this collection brings to life the magnificent national bird in all its glory…
• Iluvia Expands Product Portfolio, Unveils New Haircare Range
  08 Feb 2023, indianretailer.com
  iluvia has launched haircare ranges that are designed to give exacting results. With R&D playing an important role in product development, iluvia added two specialized ranges in its portfolio – Colour Lock Range and Repair Reviver Range…
• DishiS Jewels Forays into Sterling Silver Jewelry Segment
  08 Feb 2023, indianretailer.com
  DishiS Jewel diversified its product line and entered the sterling silver jewelry segment recently. The renowned D2C brand introduced its first-ever sterling silver ring collection, featuring an array of contemporary designs inspired by elements of nature and mottled in various shades of exquisite colors…
• Swiggy appoints Sahil Barua, Mallika Srinivasan, Shailesh Haribhakti as independent board directors
  07 Feb 2023, retail.economictimes.indiatimes.com
  “We’re very excited about bringing on Mallika Srinivasan, Shailesh Haribhakti, and Sahil Barua to Swiggy’s board of directors,” said CEO Sriharsha Majety…
• Most FMCG categories will start seeing reversal of downtrading going towards Q4 and Q1: Saugata Gupta, Marico
  07 Feb 2023, retail.economictimes.indiatimes.com
  “Going forward, we expect the volume growth and also the earnings growth to improve simply because in terms of input costs, we are expecting the softening to continue year-on-year. We continue to deliver both sequential and year-on-year gross margin improvement. Therefore the trends will continue for a couple of quarters going into FY24.”…
• Grasim inducts promoter Kumar Mangalam Birla’s next-generation members into its board
  07 Feb 2023, retail.economictimes.indiatimes.com
  Ananya Birla and Aryaman Vikram Birla, daughter and son of Chairman Kumar Mangalam Birla, come with “rich and varied experience” and the board believes that Grasim Industries “will benefit from their new-age insights and business acumen,” it added…
• Varun Beverages Q3 results: Net profit soars 150% YoY; Re 1/share dividend declared
  07 Feb 2023, retail.economictimes.indiatimes.com
  The company’s revenue from operations grew by 27.7% YoY to Rs 2,214 crore in the December quarter of CY22. Meanwhile, the EBITDA increased by 48.1% to Rs 3,07.5 crore in Q4CY22 from Rs 207.6 crore in Q4CY21.Its sales volumes grew by 17.8% in the December quarter of the calendar year 2022 to 13.2 crore cases…
• Procter & Gamble Q2 net profit dips 2 pc to Rs 207 crore
  07 Feb 2023, retail.economictimes.indiatimes.com
  Revenue from operations rose to Rs 1,137 crore in the period under review as against Rs 1,092 crore in the year-ago period, Procter & Gamble said in a statement…
• Ustraa eyes Rs 130 crore revenue in FY23; expects to be profitable by this year’s end
  07 Feb 2023, retail.economictimes.indiatimes.com
  The brand also started expanding offline significantly in the last two years and presently has over 10,000 outlets across the country in traditional general trade as well as regional modern trade. Its offline business is mostly through salons and distributors. And it expects to reach 50,000 outlets by 2023…
• Gizmore partners with Optiemus Electronics to manufacture smartwatches
  07 Feb 2023, retail.economictimes.indiatimes.com
  In terms of revenue, Gizmore is eyeing a 4 times growth from Rs 50 crore in the current fiscal year to Rs 200 crore in FY 2023-24. The brand aims to capture a 5 per cent market share…
• International brands return to local apparel makers after four months
  07 Feb 2023, retail.economictimes.indiatimes.com
  “The apparel exporters are witnessing some movement in the US and Europe unlike the previous months. A clearer picture on order position will emerge in March and April,” said Narendra Goenka, MD of Texport Industries and chairman of Apparel Export Promotion Council…
• Bharti Family Office firm to bring US-based food chain PF Chang’s to India
  07 Feb 2023, retail.economictimes.indiatimes.com
  Gourmet Investments currently operates about 16 restaurants of Pizza Express, Chili’s and Ministry of Crab and is in talks with prominent malls for a space for PF Chang’s. More than a dozen international F&B brands, including Pret A Manger, Tim Hortons and Popeyes, have entered India over the last few months…
• Samsung sees record pre-orders for flagship devices
  07 Feb 2023, retail.economictimes.indiatimes.com
  “We have received almost 1,40,000 pre-books of the Galaxy S23 series within the first 24 hours of opening up pre-bookings,” Raju Pullan, senior vice president, Samsung India, said…
• Taurus Investment planning mixed-use properties in India
  07 Feb 2023, economictimes.indiatimes.com
  US-based Taurus Investment Holdings is planning to develop retail-led, mixed-use properties in India, according to a top executive…
• How technology is driving the future of retail
  07 Feb 2023, retail.economictimes.indiatimes.com
  Another triggering factor is the Open Network for Digital Commerce (ONDC), launched by the government of India. The pilot program will allow businesses of all sizes to join the digital commerce revolution. ONDC targets to raise e-commerce reach in the next two years to 25% of India’s consumer purchases, from 8% currently in a country of over 1.35 billion people…
• Mother’s Recipe Expands Product Portfolio, Unveils “Exotic Sauces”
  07 Feb 2023, indianretailer.com
  Exotic sauces have been gaining momentum in the Indian market across the food service and retail segments. Understanding consumers’ increasing demand for Global Sauces in India, Mother’s Recipe, India’s leading food brand, has announced the launch of its new category of “Exotic Global Sauces” under the brand ‘Recipe’ – available in Red Chili, Green Chili, Garlic Chilli, Soya bean, Chilli Vinegar and Sriracha Sauce, starting at Rs 55 only…
• How DaMENSCH is Revamping the Face of Sustainable Men’s Apparel in India
  07 Feb 2023, indianretailer.com
  In 2018, DaMENSCH — an apparel wear brand — began its journey with just three pairs of trunks and briefs in the men’s innerwear category. The founders had identified a huge gap in the men’s innerwear market and took it as an opportunity to provide innovative products, and sparking awareness in the Indian market about the need to focus on essential wear for men, a segment, which was mostly neglected…
• Jimmy’s Collabs with Sleepy Owl, Unveils Espresso Martini Cocktail Mixer
  07 Feb 2023, indianretailer.com
  Radiohead Brands, makers of Jimmy’s, a leading non-alcoholic mixers company introduced Espresso Martini, a finely crafted cocktail mixer for coffee enthusiasts in collaboration with homegrown coffee brand Sleepy Owl…
• RP Sanjiv Goenka Group to invest Rs 10,000 cr in Uttar Pradesh
  06 Feb 2023, retail.economictimes.indiatimes.com
  RP Sanjiv Goenka Group said it will invest Rs 10,000 crore in Uttar Pradesh. The announcement was made by group head Sanjiv Goenka during a meeting with Chief Minister Yogi Adityanath…
• Nestle to hike food prices further in 2023, CEO says
  06 Feb 2023, retail.economictimes.indiatimes.com
  The increases will not be as steep as they were in 2022, but “we have some catching up to do over the full year,” Schneider was quoted as telling Frankfurter Allgemeine Zeitung in an interview due for publication on Sunday…
• Emami sees 200-300 basis point margin growth Y-o-Y in March quarter despite ‘muted’ demand
  06 Feb 2023, retail.economictimes.indiatimes.com
  “In the January-March period of the current fiscal, Ebitda (Earnings before interest, taxes, depreciation, and amortization) is expected to be 24-25 per cent, which will be an improvement of 200-300 basis points over the same period last year.”…
• Paytm Q3 consolidated loss narrows to Rs 392 crore
  06 Feb 2023, retail.economictimes.indiatimes.com
  Paytm reported a positive EBITDA before ESOP cost (earnings before interest, taxes, depreciation, amortisation and employee stock option costs) of Rs 31 crore. This metric was negative Rs 393 crore in December quarter last year…
• World Gold Council: Indian gold market evolving, demand for lightweight, studded jewellery grows
  06 Feb 2023, retail.economictimes.indiatimes.com
  “India is a strong pillar of support for the global gold markets as the second-largest consumer of gold jewellery. While weddings and festivals act as important drivers of jewellery demand, our rich cultural heritage and historic status as a major global force in world commerce underpin this strong socio-economic relationship with gold,” said Somasundaram PR, Regional CEO, India, World Gold Council…
• Shell Café debuts in India; opens sit-down restaurant in Bengaluru
  06 Feb 2023, retail.economictimes.indiatimes.com
  Oil and gas giant Shell inaugurated the country’s first Shell Café, a global programme through which the company offers its own brand of fast food and coffee, at one of its retail stations in Bengaluru…
• Gizmore eyes Rs 200 crore business from smartwatches next fiscal
  06 Feb 2023, retail.economictimes.indiatimes.com
  ‘Smartwatches are the fastest growing segment for us. It now accounts for 60 per cent of our business. We expect to close this fiscal with around 40-50 per cent growth’..
• Delhi gets 27 new electric vehicle charging stations
  06 Feb 2023, retail.economictimes.indiatimes.com
  An electric vehicle charging station is an equipment that connects an electric vehicle to a source of electricity to recharge electric cars, neighbourhood electric vehicles and plug-in hybrids…
• Women’s movewear brand Blissclub goes offline with new EBOs in Mumbai & Bengaluru
  06 Feb 2023, retail.economictimes.indiatimes.com
  Offline retail is the next big bet and growth lever for Blissclub in 2023, with the brand having plans to open close to 20 offline stores across India…
• ‘Will roll out e-RUPI to 17,000 stores soon’
  06 Feb 2023, retail.economictimes.indiatimes.com
  Reliance Retail has begun accepting digital rupee in its stores, giving the RBI’ digital currency project a major boost. It is anticipated that Reliance Retail will soon roll out the digital rupee in all of its stores…
• Floor Plan. Jaipur Rugs: Untangling the knots for retail success
  04 Feb 2023, retail.economictimes.indiatimes.com
  Looms & Weaves: How the export-focussed carpet maker cracked the domestic market through emotional branding and creative storytelling…
• Oberoi Realty acquires eight acres land in Thane for Rs 192.31 crore
  04 Feb 2023, retail.economictimes.indiatimes.com
  This land purchased from Blue Star are adjoining the existing lands owned by Oberoi Realty admeasuring approximately 60 acres…
• Investment in India ecommerce will bear fruit in long run: Amazon CEO Andy Jassy
  04 Feb 2023, retail.economictimes.indiatimes.com
  Online retailer posts 8% lower sales, wider loss outside North America in Q4…
• ITC Q3 net profit rises 23% at Rs 5,070.09 cr; FMCG segment revenue grew by 16.9% at Rs 12,934.67 cr
  04 Feb 2023, retail.economictimes.indiatimes.com
  Its revenue from operations in FMCG category also jumped 16.9 per cent to Rs 12,934.67 crore in Q3 FY23 as against Rs 11,058.26 crore in the corresponding quarter last fiscal…
• ‘E-com platforms must handle small sellers’ tax’
  04 Feb 2023, livemint.com
  E -commerce platforms will have to report the sales details of small businesses, and take the onus of their tax payments, or face a penalty, Central Board of Indirect Taxes and Customs (CBIC) member, and special secretary to the central government, V. Rama Mathew, said…
• Marico Q3 FY23 net profit rises 5% to Rs 333 crore, revenue up 2.6% to Rs 2,470 crore
  04 Feb 2023, retail.economictimes.indiatimes.com
  Its revenue from operations was at Rs 2,470 crore, up 2.61 per cent during the quarter under review, as against Rs 2,407 crore a year ago…
• Emami net profit rises 6% at Rs 232.97 crore in Q3 FY23
  04 Feb 2023, retail.economictimes.indiatimes.com
  In the given macroeconomic context, its revenue from operations slightly increased to Rs 982.72 crore in Q3 FY23 as against Rs 971.06 crore in the same period last fiscal…
• Consumer durables and appliances sector expects economic revival at an accelerated rate
  04 Feb 2023, retail.economictimes.indiatimes.com
  Consumer durables and appliances companies expect Budget 2023 will provide an impetus for growth across sectors that will help the economy revive at an accelerated rate. It is expected that the development of urban infrastructure in tier 2 and 3 cities will increase the demand for infrastructure projects, consumer appliances, and HVAC systems…
• Amazon beats Q4 revenue estimates, but profits slump
  04 Feb 2023, retail.economictimes.indiatimes.com
  Amazon said it earned $300 million, or 3 cents per share, in the October-December quarter. Industry analysts were expecting the Seattle-based company to earn 17 cents a share, according to FactSet…
• Customs duty review will continue: Sanjay Malhotra
  04 Feb 2023, livemint.com
  The government will continue to review customs duty rates with the twin aims of promoting local manufacturing and exports, revenue secretary Sanjay Malhotra said in an interview…
• 2023 Union Budget of India: A progressive plan to fuel the economy’s growth
  04 Feb 2023, retail.economictimes.indiatimes.com
  The Indian economy has received a much-needed boost with the announcement of the Union Budget for 2023-2024, which has been widely praised for its progressive plan aimed at boosting the country’s economy. To promote economic development and stability, the government has focused on the key drivers of growth, such as agriculture, start-ups, micro, small, and medium-sized enterprises (MSMEs), fintech, and digital infrastructure…
• Retail Budget 2023: Sutlej Textile’s President on Budget for textile sector
  04 Feb 2023, retail.economictimes.indiatimes.com
  Sutlej Textile’s President Updeep Singh Chatrath shares his analysis of Union Budget 2023 for textile sector…
• Ethos Q3 profit rises over 60% to Rs 20 crore
  04 Feb 2023, retail.economictimes.indiatimes.com
  Its revenue grew 17.6 per cent year-on-year to Rs 229.7 crore, while the company’s EBITDA (Earnings Before Interest, Taxes and Amortisation) stood at Rs 39.5 crore during the quarter under review…
• Beverages to cheese, companies ramp up capacity
  04 Feb 2023, livemint.com
  Fast-moving consumer goods makers Britannia Industries Ltd and Dabur India Ltd, are adding more food and beverage brands to their portfolio and ramping up capacity…
• Hershey forecasts full-year sales above estimates on resolute demand
  04 Feb 2023, retail.economictimes.indiatimes.com
  Hershey, like Cadbury chocolate maker Mondelez International Inc, has seen little pushback to a cost-inflation induced increase in prices in the United States, as consumers remain willing to pay more for their favorite candy brands instead of trading down to cheaper alternatives…
• How Cantabil is Strengthening its Digital Strategy
  04 Feb 2023, indianretailer.com
  The whole retail sector has undergone a revolution since the outbreak; a change that has given consumers more power and enabled businesses to enter new segments. Since consumers’ behavior has also shifted, e-commerce has been crucial in bringing about this transition. In tandem with this shift, Cantabil Retail is investing in the digital module to keep up with the pace of digitization and also providing its customers with a cutting-edge shopping experience…
• Cosmopolitan look with rural flavour
  04 Feb 2023, bangaloremirror.indiatimes.com
  Kanakapura Road is one of the preferred options for those planning to buy properties in Bengaluru. Even though it is a little away from the heart of the city in South Bengaluru, mega infrastructure projects like the metro and Satellite Ring Road (STRR) have made the area a realty paradise. There are a number of prestigious…
• Blissclub Forays into Offline Space, Opens 2 EBOs in Mumbai and Bengaluru
  
  04 Feb 2023, indianretailer.com
  Blissclub has opened a new premium exclusive brand store at Infinity Mall, Malad, Mumbai, and HSR Layout, Sector 6, Bangalore. The move marks the D2C company’s major entry into the offline retail space, after seeing immense success with its e-commerce business, hitting a Rs 100 crore ARR in less than 2 years since its founding…
• Retail Technology: 5 Key Trends for 2023
  04 Feb 2023, indianretailer.com
  Retail technology encompasses innovation and digitalization in physical retail and e-commerce, from checkout to inventory management, order fulfillment, and in-store service. The use of retail technology plays an essential role in enhancing the consumer experience…
• Panasonic Life Solutions Expands Water Heater Portfolio
  04 Feb 2023, indianretailer.com
  Panasonic Life Solutions India (PLSIND) has launched its new IOT-enabled Duro Smart and Prime range of water heaters. This remarkable series is not only designed for exquisite bathroom styles but also has smart functionalities…
• Hogar Controls and Super Surfaces Expands Offline Presence in Chennai
  
  04 Feb 2023, indianretailer.com
  Hogar Controls has launched its first-of-its-kind experience center at Build HQ, Egmore, Chennai. Build HQ is India’s biggest building material and interior design superstore spanning an area of over 1 Lakh Square Feet and housing 70+ luxury brands under one roof…
• Yashika Luthra Expands Offline Presence in Delhi
  04 Feb 2023, indianretailer.com
  Luxury furniture designer Yashika Luthra launched her flagship store “Yashika Luthra Designs” in New Delhi on 29th January 2023 at Sultanpur, MG Road, New Delhi…
• Apple CEO Cook says company grew “very strong double digits” in India
  03 Feb 2023, retail.economictimes.indiatimes.com
  There has been a surge in sales of premium smartphones in India since the pandemic with mass segment consumers postponing purchases due to income constraints during the peak of Covid and record high inflation last year. As per industry executives, Apple has gained a larger share of wallet in the country for this…
• Dabur Q3 net profit falls 5.5 pc to Rs 476.55 cr
  03 Feb 2023, retail.economictimes.indiatimes.com
  Homegrown FMCG major Dabur India Ltd on Thursday reported a decline of 5.51 per cent in its consolidated net profit to Rs 476.55 crore for the third quarter ended December 2022. The company had posted a net profit of Rs 504…
• Reliance Retail begins accepting govt’s digital rupee for sales
  03 Feb 2023, retail.economictimes.indiatimes.com
  Reliance Retail launched the first in-store acceptance of the RBI-created and Blockchain-based Central Bank Digital Currency (CBDC) at its gourmet food store Freshpik here. The CBDC is the a digital version of fiat money that will co-exist will hard cash…
• How FMCG industry reacted to Union Budget 2023
  03 Feb 2023, retail.economictimes.indiatimes.com
  In the Budget, FM announced a 33 per cent increase in capital investment outlay to Rs 10 lakh crore focused on infrastructure growth and development. Commenting on the CAPEX announcement, Angshu Mallick, MD & CEO, Adani Wilmar said that the move will stimulate consumption, generate opportunities both in rural and urban employment and boost local production…
• FMCG consumption continues to decline with negative volume growth in Dec quarter: Report
  02 Feb 2023, retail.economictimes.indiatimes.com
  The country’s fast-moving consumer goods (FMCG) industry witnessed a consumption slowdown in the December quarter, with an overall “negative” volume growth, as consumers continue to reel under inflationary pressure, says a report…
• Tata Consumer’s net profit rises 28% at Rs 369 crore in Q3 FY23
  03 Feb 2023, retail.economictimes.indiatimes.com
  Tata Consumer Products’ total revenue from operations stood at Rs 3,474.55 crore for Q3 FY 23 as compared to Rs 3,208.38 crore in the same quarter last year with 8.2 per cent year-on-year growth…
• Titan Q3 Results: Net profit falls 4% YoY to Rs 951 cr, misses estimates
  03 Feb 2023, retail.economictimes.indiatimes.com
  Sales during the quarter rose 11% to Rs 10,444 crore, compared with Rs 9,381 crore in the same quarter last year…
• Govt hikes import duty on toys to 70%
  03 Feb 2023, retail.economictimes.indiatimes.com
  Toys worth Rs 2,960 crore were imported into India earlier but steps by the government helped in reducing the imports to Rs 870 crore in 2021-22. On the other hand, the exports of toys have increased by 61 per cent from Rs 1,612 crore to Rs 2,601 crore in 2021-22. Earlier, the government issued Toys (Quality Control) Order, 2020 in February 2020…
• Govt e-marketplace GeM achieves ₹ 1.5 lakh crore GMV in FY23 alone
  03 Feb 2023, livemint.com
  Government e-Marketplace (GeM), an online platform for public procurement in India, has achieved a staggering ₹1.5 lakh crore of gross merchandise value (GMV) in the financial year 2022-23 (FY23) alone…
• Budget 2023 brings ‘Amrit Kaal’ for Indian economy: Arvind Mediratta, MD & CEO, Metro Cash and Carry India
  03 Feb 2023, retail.economictimes.indiatimes.com
  Rating the Union Budget 2023, Mediratta said it’s a 9/10… maybe 10/10…
• Clicks-to-Bricks: BlissClub to open 20 stores in 2023
  03 Feb 2023, retail.economictimes.indiatimes.com
  The average store size of the brand is around 400-500 sq.ft. where apart from selling its merchandise, it is planning to use it as a community-building platform by engaging consumers in various activities…
• FMCG sector slows down in Dec quarter, says NielsenIQ
  03 Feb 2023, retail.economictimes.indiatimes.com
  The FMCG sector grew 7.6% in the October-December quarter, down from 9.2% in the previous July-September ’22 quarter, as compared to the corresponding year-ago period when the sector had grown 9.6%…
• Berger Paints Q3 FY23 net profit falls 20.48% at Rs 201.17 crore
  03 Feb 2023, retail.economictimes.indiatimes.com
  Real estate industry received some push from the Union Budget 2023. Finance minister Nirmala Sitharaman announced some key initiatives and schemes in the budget that are expected to benefit real estate industry. Take a look!…
• Bajaj Electrical Q3 profit rises 27 pc to Rs 61 crore; revenue up 12.4 pc to Rs 1,484.5 crore
  03 Feb 2023, retail.economictimes.indiatimes.com
  Bajaj Electricals Ltd on Thursday reported an increase of 26.88 per cent in its consolidated net profit to Rs 61.12 crore in the third quarter ended December 31, 2022, helped by growth in the consumer product segment. The company had posted a net profit of Rs 48…
• V-Guard’s consolidated PAT down at ₹39.29 crore in Q3
  03 Feb 2023, thehindubusinessline.com
  The consolidated profit after tax of V-Guard Industries Ltd was down at ₹39.29 crore in the third quarter of the current fiscal against ₹53.92 crore in the corresponding period of the previous fiscal…
• Retail therapy push with more cash in hand
  03 Feb 2023, retail.economictimes.indiatimes.com
  “Entry-level, mass market products in categories such as ACs, washing machines, refrigerators and TVs will get a huge boost. Currently, growth in these categories has been lower, and the overall volumes still lag the numbers that were achieved in the pre-pandemic financial year 2019-20,” Godrej Appliances’s business head Kamal Nandi said…
• Wrogn becomes Bengaluru Torpedoes’ lifestyle and merchandise partner
  03 Feb 2023, apparelresources.com
  Indian clothing brand Wrogn has partnered with Bengaluru Torpedoes, a team in the premier volleyball league (PVL), for the 2023 season. Additionally, it is the team’s official lifestyle and merchandise partner. The team revealed its collaboration with a reel post on its Instagram handle, unveiling its primary kit for the PVL 2023…
• What real estate industry gained from Budget 2023
  02 Feb 2023, realty.economictimes.indiatimes.com
  Real estate industry received some push from the Union Budget 2023. Finance minister Nirmala Sitharaman announced some key initiatives and schemes in the budget that are expected to benefit real estate industry. Take a look!…
• Real Estate Budget 2023: Double non-taxation on REITs finally addressed
  02 Feb 2023, realty.economictimes.indiatimes.com
  From April 1, 2024 all distribution by a REIT/InvIT representing repayment of debt is taxable as “other income” in the hands of the unit holders…
• Retail Budget 2023: Jewellery industry shares mix reactions
  02 Feb 2023, retail.economictimes.indiatimes.com
  While applauding a well-balanced Budget, All India Gem and Jewellery Domestic Council (GJC) in a statement said, “..the Gems & Jewellery Industry’s critical concerns are not addressed in the Union Budget 2023-24.”..
• Retail Budget 2023: FMCG companies support government’s step to make India a global millets hub
  02 Feb 2023, retail.economictimes.indiatimes.com
  In today’s budget, the government has announced turning the Indian Institute of Millet Research- Hyderabad into a centre of excellence to foster innovation that will help brands like Slurrpfarm in enabling adoption and achieving India’s millet dreams…
• “Budget 2023 scores on all accounts for sectoral growth”
  02 Feb 2023, retail.economictimes.indiatimes.com
  Retail Budget 2023: “Union Budget 2023 scores on all accounts from a sector perspective,” PwC’s Ravi Kapoor shares his reaction…
• Budget to fuel consumption; positive specially for mid-income consumers across 2 and 3 tier markets
  02 Feb 2023, retail.economictimes.indiatimes.com
  “The budget will push and revive demand growth in both urban and rural markets that will in turn drive the Indian economy,” said Kalpesh Parmar, country general manager at confectionery maker Mars Wrigley…
• Union Budget 2023: MSME sector lauds revamped credit guarantee scheme, hails measures to revive the fund-starved sector
  02 Feb 2023, retail.economictimes.indiatimes.com
  Industry players say the budget has various measures to address the problems of small businesses…
• Britannia Industries Q3 net profit rises two-fold to Rs 932.4 crore
  02 Feb 2023, retail.economictimes.indiatimes.com
  Bakery food company Britannia Industries Ltd on Wednesday reported a two-fold jump in consolidated net profit at Rs 932.40 crore for the third quarter ended December, helped by a gain from the sale of a stake in a subsidiary. The company had posted a net profit of Rs 369…
• Gillette India profit rises 6% on strong demand for grooming products
  02 Feb 2023, retail.economictimes.indiatimes.com
  Makers of fast-moving consumer goods, including P&G and Unilever, have been raising prices of their products in a bid to cushion the impact of surging inflation and increasing supply-chain costs…
• Reliance Retail planning foray into value apparel space
  01 Feb 2023, retail.economictimes.indiatimes.com
  Experts said India’s consumption structure has been skewed in the past over a narrow base of richer consumers accounting for a large chunk of the overall market. However, as the economy is broadening across many more cities and the impact is reaching further down the income ladder, the opportunity for value-formats and value-brands is expanding…
• Jubilant Food Q3 Results: Domino’s Pizza franchisee’s profit slumps on higher expenses
  02 Feb 2023, retail.economictimes.indiatimes.com
  Jubilant has been expanding aggressively over the last few quarters to smaller towns and cities in the country, which further weighed on its profit margins. The company, which also has franchise rights for Popeyes outlets in the subcontinent, opened 64 stores in India during the quarter, entering 16 new cities…
• DLF Malls launches ‘My Kind of India’ song on Republic Day to celebrate the spirit of new India
  02 Feb 2023, prnewswire.com
  On the auspicious occasion of Republic Day, DLF Malls launched an original soundtrack, ‘My Kind of India’, which is a reflection of the beautiful, inclusive and bold spirit of the new India. This song was a tribute to all the people of the nation who are the true colours of new India. The musical track is a result of hardworking and brilliant artists working together to show the culture of fearless, progressive, curious and compassionate new India in a true masterpiece…
• House of Pataudi Expands Presence in Telangana
  02 Feb 2023, indianretailer.com
  House of Pataudi, a lifestyle brand for men and women, has entered Telangana with the opening of a new outlet at Sarath City Capital Mall, HITEC City in Kondapur…
• ‘Unity mall’ in every state capital: What the Budget says
  02 Feb 2023, indianexpress.com
  Unity malls will promote regional products, GI products and other handicraft products…
• SaladO – The Biggest Salad Brand In India To Come Up With Kiosks Pan India This February
  02 Feb 2023, ahmedabadmirror.com
  SaladO, the biggest salad brand in India, after expanding its franchise network to 180+ cloud kitchens, is now coming up with its kiosk model plan…
• Kimirica Opens New Flagship Store in Indore
  02 Feb 2023, indianretailer.com
  Kimirica, an Indore-based self-care brand, has strengthened its retail presence with the addition of a flagship store at Phoenix Citadel, Indore…
• Barry M Enters India, Launches on Myntra
  02 Feb 2023, indianretailer.com
  Barry M, UK’s leading color cosmetics brand, best known for its pioneering innovations with color, shades, formulations, and textures, has forayed into India, via its association with Myntra and Progressive Lifestyles, giving Indian beauty enthusiasts access to the brand’s on-trend, high-quality, and vegan cosmetic range…
• RCPL Partners with Biscuit Brand Maliban
  02 Feb 2023, indianretailer.com
  Reliance Consumer Products Limited (RCPL), the FMCG arm and a wholly owned subsidiary of Reliance Retail Ventures Limited (RRVL), has announced a strategic partnership with Sri Lanka-headquartered Maliban Biscuit Manufactories (Private) Limited (Maliban)…
• CaratLane Expands Offline Presence, Opens 182nd Store in West Bengal
  02 Feb 2023, indianretailer.com
  Omnichannel jewelry chain CaratLane has opened its 182nd store at Avani Riverside Mall in Howrah, West Bengal. On the other hand, it recently opened its 180th store recently at Ghodbunder Road Thane followed by its 181st store at R City Mall, Mumbai…
• Bella Vita Organic Forays into Offline Market, Opens Kiosk in Delhi
  01 Feb 2023, retail.economictimes.indiatimes.com
  Bella Vita Organic, a leading natural beauty, and skincare brand, is further expanding its presence offline. Available in an assorted range of its handcrafted and luxurious products, this will be an addition to its kiosk arrangements in Delhi and NCR. Being configured at Gaur City, Noida, and Pacific Mall, Tagore Gardens, the brand is committed to its initiative of an offline expansion into the retail market…
• Reliance Retail planning foray into value apparel space
  01 Feb 2023, retail.economictimes.indiatimes.com
  Experts said India’s consumption structure has been skewed in the past over a narrow base of richer consumers accounting for a large chunk of the overall market. However, as the economy is broadening across many more cities and the impact is reaching further down the income ladder, the opportunity for value-formats and value-brands is expanding…
• Food giant Wilmar vows to stand by venture with Adani Group
  01 Feb 2023, retail.economictimes.indiatimes.com
  The sprawling Adani Group, controlled by tycoon Gautam Adani, has been rocked to its core in recent days after Hindenburg Research accused the conglomerate of widespread corporate malfeasance, including market manipulation and accounting fraud. In a bitter showdown that’s riveted investors worldwide, the allegations have prompted steep falls in the companies’ share prices despite a lengthy rebuttal from Adani Group…
• Godrej Consumer Products Q3 profit rises 3.55 per cent to Rs 546.34 crore
  31 Jan 2023, retail.economictimes.indiatimes.com
  Godrej Consumer Products Ltd on Tuesday reported a 3.55 per cent rise in consolidated profit after tax at Rs 546.34 crore in the third quarter ended December 31, 2022. The company had posted a consolidated profit after tax of Rs 527…
• Reliance to bring Sri Lanka’s Maliban biscuit into India
  01 Feb 2023, retail.economictimes.indiatimes.com
  The latest move will pitch Reliance directly with Britannia, Parle and ITC that together control over 80% of India’s biscuit segment. RCPL, the fast moving consumer goods arm of Reliance Industries, said the alliance is part of its aim to bring a bouquet of domestic and globally recognised consumer brands…
• Amazon India announces 50% waiver of referral fee for new sellers
  01 Feb 2023, retail.economictimes.indiatimes.com
  Referral fee is paid by sellers to Amazon for facilitating sales on the online marketplace. The waiver will be applicable for a period of 60 days for new sellers registering on the platform between January 15 to April 14, 2023…
• India’s P&G Hygiene and Health Care posts dip in Q2 profit as costs jump
  01 Feb 2023, retail.economictimes.indiatimes.com
  Demand for health and hygiene goods has slowed from COVID lockdown-highs, while customers are also snubbing big brands for cheaper consumer goods in the face of high living costs, Dalal Street analysts have said…
• FSSAI rules on incorporating millets as nutritional menu in canteens soon
  01 Feb 2023, business-standard.com
  “Let us have a ‘Healthy Food Street or Food Hub’ in every town and district where millet-based recipes are available along with hygienic amenities,” Mandaviya said…
• Use of Image Recognition AI will be the game changer for FMCG sales in 2023, says Anand Prabhu Subramanian, CEO Infilect Inc.
  01 Feb 2023, retail.economictimes.indiatimes.com
  FMCG leaders must consider implementing Image Recognition AI if they wish to tap into the tremendous growth opportunities in physical stores. ~ Brand Connect Initiative ~…
• E-commerce investments along with robust execution frameworks could help India fast track its growth journey
  01 Feb 2023, retail.economictimes.indiatimes.com
  The Government should look at continuing focus on open network for digital commerce. This will ensure a level-playing field for startups and new businesses, giving them access and options for an enhanced customer reach. India’s digital infrastructure will undergo yet again a major transformation as ONDC will be the next UPI, expecting to grow exponentially and offering faster, simpler transactions…
• 6.8% inflation not too high to deter private consumption, or weaken inducement to invest: Survey
  01 Feb 2023, retail.economictimes.indiatimes.com
  The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman. The survey details the state of economy in the current fiscal, while giving a sneak peek into the future…
• Clothes and footwear ‘major’ contributors to inflation in FY23
  01 Feb 2023, livemint.com
  Prices of clothes and footwear have risen consistently over the last three years with average annual retail inflation at 9.7% in FY23, according to the Economic Survey released Tuesday…
• Britannia’s Q3 revenues may rise up to 20% YoY on higher volumes: Analysts
  01 Feb 2023, business-standard.com
  Britannia outperformed peers as shares surged 12 per cent in Q3FY23, whereas peers like Hindustan Unilever (HUL), Dabur India, ITC, and Tata Consumer declined up to 5 per cent, during the same period…
• Rage Coffee partners with QSR chain 99 Pancakes
  01 Feb 2023, retail.economictimes.indiatimes.com
  With this association, the coffee brand​ will introduce two new flavours- Irish Hazelnut and French Vanilla, to the menu. ​This new curated menu for both the brands will be served at all the 40 outlets of 99 Pancakes across India, according to a statement…
• Blue Star Q3 net profit rises to Rs 58.41 crore
  01 Feb 2023, retail.economictimes.indiatimes.com
  Consolidated revenue from operations during the quarter under review stood at Rs 1,788.2 crore as against Rs 1,506.22 crore in the year-ago period, it added…
• WK Life London Expands Presence in Raipur
  01 Feb 2023, indianretailer.com
  WK Life, a London-based lifestyle brand, has marked its debut in the Raipur city of Chhattisgarh state, making it central India’s first store of its kind…
• Samsung Expands Presence in North India
  01 Feb 2023, indianretailer.com
  Electronics brand Samsung India has inaugurated its largest premium experience store spread over two floors across 3,500 sq. ft in North India at Connaught Place in Delhi. The new store showcases the brand’s complete product ecosystem through different zones such as connected living, smartphones, audio, gaming, lifestyle screens, wearables, and its multi-device connectivity with SmartThings…
• SaladO – The biggest salad brand in India to come up with Kiosks Pan India this February
  01 Feb 2023, theprint.in
  Mumbai (Maharashtra) [India], January 31 (ANI/PNN): SaladO, the biggest salad brand in India, after expanding its franchise network to 180+ cloud kitchens, is now coming up with its kiosk model plan…
• Welspun India enters into partnership with Disney for EMEA region
  01 Feb 2023, apparelresources.com
  Home textile company Welspun India has entered into a brand licensing agreement with The Walt Disney Company for the Europe, Middle East and Africa (EMEA) region…
• Amazon India Unveils Amazon Air
  31 Jan 2023, indianretailer.com
  Amazon India has launched Amazon Air in the country to further enhance its transportation network and enable faster deliveries to customers…
• Manu Jain exits Xiaomi Group
  31 Jan 2023, retail.economictimes.indiatimes.com
  “After nine years, I am moving on from the Xiaomi Group. I feel confident that now is the right time, as we have strong leadership teams across the world,” Jain wrote announcing his exit…
• Retail Budget wishlist: Demand generation, revised tax regimes and manufacturing boost
  31 Jan 2023, retail.economictimes.indiatimes.com
  Industry leaders shared that they expect the Budget to be growth-oriented and focus on driving demand and consumption, leading the revival of rural economy, and putting more money in the hands of people with beneficial tax regimes. Additionally, it should give a boost to manufacturing and further bring ease of doing business in the industry. ..
• ABFRL inducts Ananya Birla and Aryaman Vikram Birla as Directors
  31 Jan 2023, retail.economictimes.indiatimes.com
  Commenting on their appointment, Kumar Mangalam Birla, Chairman Aditya Birla Group said, “Ananya and Aryaman’s exceptional individual achievements in their chosen fields and early success with their independent entrepreneurial ventures set them up well for larger responsibilities.”…
• What FMEG industry expects from Union Budget 2023?
  31 Jan 2023, retail.economictimes.indiatimes.com
  Amid high expectations from the budget 2023, Rakesh Khanna, MD and CEO of Orient Electric said, “As far as the consumer durables industry is concerned, an increase in personal tax exemptions and revision in income tax slabs would be a welcome move, as this will put more disposable income in the hands of taxpayers thus giving a fillip to the demand.”…
• Bikaji Foods PAT jumps three times at Rs 31.7 crore in Q3 FY23
  31 Jan 2023, retail.economictimes.indiatimes.com
  The company’s total revenue from operations stood at Rs 507.67 crore for Q3 FY 23 as compared to Rs 438.97 crore in the same quarter last year with 15.8 per cent year-on-year growth…
• As Zomato restarts Gold, NRAI advises restaurants to step up own loyalty programmes
  31 Jan 2023, retail.economictimes.indiatimes.com
  Restaurant industry body National Restaurants Association of India (NRAI) is sending advisories to restaurants to step up their own loyalty programmes on discounts through other apps, while many large companies said they are not on Gold…
• The retail industry needs a big booster dose to reach its full potential
  31 Jan 2023, retail.economictimes.indiatimes.com
  Consumers in the 21st century desire a highly personalised experience warranting the need for a seamless in-store and online experience. Retailers are proactively responding to these consumer demands by rethinking their strategies to make their businesses more agile. An increased number of kirana stores are switching to online/app-based mediums and automating their inventory management processes. In line with these developments, the government should also aim to reinforce policies aiming to accelerate the digital infrastructure to create a conducive environment for the steady adoption of technology by small retailers…
• Welspun India Q3 net profit declines 66.55 per cent to Rs 43.83 crore
  31 Jan 2023, retail.economictimes.indiatimes.com
  Consolidated total income during the quarter under review stood at Rs 1,904.05 crore as against Rs 2,437.92 crore in the year-ago period, it added…
• Unilever names Dutch dairy boss Hein Schumacher as new CEO
  31 Jan 2023, retail.economictimes.indiatimes.com
  Schumacher, 51, joined Unilever in October last year as non-executive director and is currently the chief of Dutch dairy business FrieslandCampina. The London-based company in September said that CEO Jope planned to retire at the end of 2023. Schumacher, who was formerly at Royal Ahold NV, also worked for H.J. Heinz for a decade across the U.S., Europe and Asia…
• ITC sets up integrated food manufacturing & logistics facility in Telangana’s Medak at Rs 450 crore investment
  31 Jan 2023, retail.economictimes.indiatimes.com
  FMCG giant ITC Ltd has set up an integrated food manufacturing and logistics facility at an investment of Rs 450 crore at Medak district in the state…
• Inox posts net loss of Rs 40 cr in Q3
  31 Jan 2023, retail.economictimes.indiatimes.com
  During the quarter, Inox received footfalls of 15.3 million people which translated to an occupancy rate of 23% on the back of blockbuster films like Avatar: The Way of Water, Kantara, Ponniyin Selvan: Part 1 and Drishyam 2…
• Union Budget provisions that boost consumer confidence and encourage discretionary spends will revitalize FMCG sector growth
  31 Jan 2023, retail.economictimes.indiatimes.com
  FMCG companies are grappling with the dilemma of what kind of growth to target – volume or value – amidst the persistently high inflation. Achieving a balance between volume growth (driven by disposable incomes and consumer sentiment) and profitability (driven by input costs) will be the core focus of the year…
• Period care brand Lemme Be expects to become profitable in Q2 FY23
  31 Jan 2023, retail.economictimes.indiatimes.com
  The brand is now looking to clock an annual revenue run rate (ARR) of Rs 360 million by the end of this fiscal year with 7 times growth from March 2022 ARR…
• Linc expects to maintain 20-25 per cent growth this fiscal
  31 Jan 2023, thehindubusinessline.com
  Kolkata, Jan 29 Linc Ltd, formerly Linc Pen & Plastics, which has registered nearly 20 per cent growth in turnover so far this fiscal, is expecting the growth momentum to continue backed by a steady demand both from domestic and international markets. The growth in turnover would also come on the back of increased sale of its “more premium” range of pens under the Pentonic brand…
• Hyd turning into a fastest growing metro India has not seen in its entire history
  31 Jan 2023, bizzbuzz.news
  Kalisetti PB Naidu, the Founder & CEO of Hyderabad-based Yards & Feet Property Consultants, wears many hats. An expert in the real estate segment with an experience of more than two decades, he has handled retail commercial space deals totaling 1.7 million sft including malls and high street retail…
• Mumbai clocks 3rd highest demand in rent for high streets, following Bengaluru & Delhi
  31 Jan 2023, freepressjournal.in
  Connaught Place in Delhi enjoyed demand from the likes of Samsung and Japanese retailer Uniqlo, who have opened flagship stores there…
• Nutrabay Enters into Offline Retail Market, Aims to Expand Across North India
  30 Jan 2023, indianretailer.com
  Nutrabay has announced its entry into offline retail markets with a plan to target up to 300 supplement stores. The premium nutrition supplements brand is initially targeting the northern India region that includes Jammu and Kashmir, Punjab, Haryana, Uttar Pradesh, and Uttarakhand…
• CK Jaipuria Group enters into franchise deal with Adidas India
  31 Jan 2023, economictimes.indiatimes.com
  CK Jaipuria Family Office has signed a retail franchise deal with Adidas India to set up retail stores of the global sportswear company across India…
• Van Heusen Enters Metaverse
  31 Jan 2023, indianretailer.com
  Van Heusen, India’s leading power dressing brand from Aditya Birla Fashion and Retail Ltd (ABFRL), enters the Metaverse as it sets sail on a fantastical journey with a virtual musical concert in association with Indian pop band ‘When Chai Met Toast’…
• Vedant Fashions’ Q3 Results: Net Profit Up 17.6 pc
  31 Jan 2023, indianretailer.com
  Vedant Fashions, which owns the ethnic wear brand Manyavar, has recorded a 17.6 percent rise in consolidated net profit at Rs 150.35 crore in the third quarter (Q3) ended December 31 of the current fiscal 2022-23 as against the profit of Rs 127.80 crore in the same period of the previous fiscal 2021-22…
• Lemme Be Aims to be Profitable By Q2 of FY23
  31 Jan 2023, indianretailer.com
  Lemme Be, a new-age period care brand launched in 2020 is all set to turn EBITDA (earnings before interest, taxes, depreciation, and amortization) positive in Q2 FY 2023. One of the first brands in the menstrual wellness space to not only reach this milestone in the shortest period but also achieve this with the smallest capital raise…
• Croma Expands Presence in Chennai, Opens 300th Store
  31 Jan 2023, indianretailer.com
  Croma, the Omni-channel electronics retailer from the Tata Group, launched its branch showroom in Sholinganallur, Chennai which is its 300th retail outlet in the country and 19th. in the state. Croma launched around 100 new stores this year and plans rapid expansion in the next FY…
• Here are the Red Flags that Destined Zilingo for Liquidation
  31 Jan 2023, indianretailer.com
  Once a role model for the Asian unicorn and Indian startup scene, Singapore-based B2B fashion start-up Zilingo is undergoing liquidation process, helmed by provisional liquidator EY Corporate Services PSE, and supervised by its creditors Varde Partners and Indies Capital Partners. Mounting disconnect and disagreement between co-founders Ankiti Bose and Dhruv Kapoor are just one of the many aspects that investigative authorities continue to excavate…
• RIL expands Netmeds offline, launches stores
  30 Jan 2023, retail.economictimes.indiatimes.com
  Interestingly, the move comes on the heels of discount supermarket chain Dmart announcing plans to set up pharmacies within its stores…
• Amazon axes free grocery delivery on Prime orders under $150
  30 Jan 2023, retail.economictimes.indiatimes.com
  Customers who get their groceries delivered from Amazon Fresh — and pay less than $150 – will be charged between $3.95 and $9.95, depending on the order size, the company said in an email to Prime members Friday…
• CK Jaipuria Group enters into franchise deal with Adidas India
  30 Jan 2023, retail.economictimes.indiatimes.com
  “In tier 2 and 3 markets, the Adidas stores we will set up exclusively by us,” CK Jaipuria said. The group plans to set up 100 Adidas footwear and sportswear stores by the end of 2024, he said. This will be Adidas’ biggest franchise partnership in the country…
• Smart wearables demand likely to remain strong in 2023
  30 Jan 2023, retail.economictimes.indiatimes.com
  Demand for wearables in smart accessories is gaining momentum. Jain explained, as the Indian consumer focuses on health, lifestyle – clothing or dressing up accessories, the need for this segment will continue to increase. In addition, the ease of usage, data availability, and insights enabled through interconnected or compatible smart wearables fuel this demand…
• Manyavar-owner Vedant Fashions’ net profit up 17.6% in Q3 FY23
  30 Jan 2023, retail.economictimes.indiatimes.com
  Vedant Fashions’ total revenue from operations stood at Rs 441.4 crore for Q3 of the current fiscal FY 23 as compared to Rs 384.7 crore in the same quarter last year with 14.7 per cent year-on-year growth…
• Nestle unveils $100 million Colombia investment to grow capacity
  30 Jan 2023, retail.economictimes.indiatimes.com
  The new investment plan builds on $13 million already spent by the world’s largest food and beverage producer in the South American country, the government said in a statement, with the new funds to be focused on increasing production capacity and updating technology…
• D2C startup Spice Story raises Rs 70 lakh from Emcure Pharma ED Namita Thapar
  30 Jan 2023, retail.economictimes.indiatimes.com
  The Mumbai-based startup said it generated a revenue of Rs 4.10 crore in the last fiscal 2021-22 and expects to reach Rs 8.7 crore this fiscal…
• LG Electronics Q4 operating profit collapses on slumping demand, rising cost
  30 Jan 2023, retail.economictimes.indiatimes.com
  LG Electronics said its operating profit for the fourth quarter nosedived more than 90 percent on a drop in demand for home appliances and rising promotion cost amid global macroeconomic woes…
• Premium segment at highest spot, 5G phones at 32% market share in India
  30 Jan 2023, business-standard.com
  Premium segment (Rs 30,000 and above) contributed 11 per cent to India’s smartphone shipments and 35 per cent to overall market revenue in 2022, the highest ever…
• High street rentals in top 8 cities soar up to 50% in 2022
  30 Jan 2023, economictimes.indiatimes.com
  Rentals at high-street locations in the country’s top eight cities surged up to 50% in 2022 even as shopping malls saw a 10% year-on-year average rent increase, an analysis by commercial real estate consultants Cushman & Wakefield showed…
• An ‘eye’ on the customer
  30 Jan 2023, timesofindia.indiatimes.com
  Will that woman come in and buy something? Is that man just window shopping? What kind of store display appeals to shoppers? These are questions retailers would love answered. Startup TangoEye says it can do that by analysing video footage…
• Samsung Opens Biggest Store In North India, Weeks Within Apple Preps For Big Retail Push
  30 Jan 2023, news.abplive.com
  Samsung inaugurated its biggest retail store in north India in New Delhi on January 28, within two weeks of Apple prepping to open its first flagship store in the country…
• Union Budget 2023: Here’s what the startup community wants
  28 Jan 2023, retail.economictimes.indiatimes.com
  Highlighting the need for simplification of GST, Saket Patawari, executive director, indirect tax, Nexdigm said, “In the upcoming budget, startups will certainly expect rolling back of Section 38 (2)(b)(i) of the CGST Act, 2017, which restricts the ITC availment when procurements are made from newly registered GST taxpayers.”…
• What Patanjali Food’s Sanjeev Asthana is expecting from the Budget
  28 Jan 2023, retail.economictimes.indiatimes.com
  “There was a dip in the rural demand and post the harvest, the high commodity prices and due to the wedding season overall, there was a good uptick in the rural demand in this quarter. I am anticipating that at the back of pretty much similar reasons, we should see the demand momentum continuing to go forward but the growth rate is slightly tempered.” ..
• Levi Strauss & Co names Harmit Singh as chief financial and growth officer
  28 Jan 2023, retail.economictimes.indiatimes.com
  Singh who joined Levi Strauss & Co in 2013 has been working as the company’s Chief Financial Officer (CFO) for the last 10 years. In his expanded role, he will take ownership of corporate strategy as well as global retail real estate, in addition to his current duties…
• India tops APAC in men’s beauty product launches: Report
  28 Jan 2023, retail.economictimes.indiatimes.com
  According to a Mintel report, India, with 20% of the beauty products launched during the period meant for the facial care of men, was ahead of China (15%) and Japan (10%). These range from moisturisers and fairness creams to at-home spa treatment products, beard softeners and hair-removal creams. Though the Indian market is smaller compared to China and Japan for these products, it is growing much faster, with the Indian male grooming category valued at more than ₹10,000 crore…
• Inflation easing,current a/c deficit manageable: Das
  28 Jan 2023, retail.economictimes.indiatimes.com
  The governor of the Mumbai RBI, Shaktikanta Das, has said that inflation has started to soften and the current account deficit is “eminently manageable.” He also said that the global economy is projected to contract significantly in 2023, but high policy rates for longer are seen as a distinct possibility…
• Athleisure, casual wear stay robust in post-covid world
  28 Jan 2023, livemint.com
  Demand for athleisure and casual clothing will continue growing in line with the post-covid trend that has held strong despite the return of festive clothing and occasion wear in the December quarter, retailers said…
• Fashion retailer H&M’s profits tumble as costs bite
  28 Jan 2023, retail.economictimes.indiatimes.com
  The world’s second biggest fashion chain, which raised some prices, will continue with this pricing strategy even though it will not fully compensate for the higher costs, such as for energy, transport and raw materials…
• Apple, Samsung help premium smartphone mkt share reach 11% in 2022
  28 Jan 2023, financialexpress.com
  While the entry-level and the budget segments led the fall in the total shipments, the premium segment showed double-digit growth, according to Counterpoint Research…
• SMAAASH Expands Offline Presence, Opens New Centre in New Delhi
  28 Jan 2023, indianretailer.com
  SMAAASH, the world’s leading lifestyle and entertainment powerhouse, has opened its new center at R Cube Monad Mall in Rajouri, New Delhi. Along with its engaging and opulent atmosphere, SMAAASH offers a much-anticipated dose of gaming and entertainment with its distinctive and aspirational experiences. This modern entertainment center, located in the most affluent area of the city, serves as a doorway to fun and enjoyment…
• BlueStone Expands Offline Presence, Opens 150th Store in Nagaland
  28 Jan 2023, indianretailer.com
  Jewelry brand BlueStone has celebrated the milestone of operating 150 retail showrooms with the launch of a new outlet at Dimapur, Nagaland…
• Budget 2023-24 wishlist: Here are the key challenges in retail sector
  28 Jan 2023, business-standard.com
  While the retail sector is expected to grow at 8 per cent CAGR by 2027 (estimates), growth CAGR for e-commerce will be at 24 per cent…
• The NEW Shop Ropes in Rajkummar Rao as the Brand Ambassador
  28 Jan 2023, indianretailer.com
  The NEW Shop, India’s largest convenience retail company has appointed Bollywood actor Rajkummar Rao as the brand ambassador. In a series of campaigns to expand its footprints across the country, the actor will be featured in a variety of digital and print platforms such as social media, OTT, OOH, and IVR messaging to connect with prospective consumers through physical The New Shop stores and in-app services…
• Wooden Street Expands offline Presence, Opens Store in Mumbai
  28 Jan 2023, indianretailer.com
  The omnichannel furniture brand Wooden Street launched its 8th Experience Store in Mumbai. The newly opened store located at Arihant Aarohi, Kalyan-Shil Road, Shilphata, Padle Gaon in Thane, Maharashtra will sell furniture and home decor products, the company said…
• EaseMyTrip to Launch Offline Stores via Franchise Model
  28 Jan 2023, indianretailer.com
  EaseMyTrip has announced that it would start establishing offline retail stores under a franchise model in India. Through EaseMyTrip Franchise, the online travel tech firm will “allow the customers to have an in-store retail experience”…
• How Lil’Goodness is Healthifying the Kid’s Snacking Segment
  28 Jan 2023, indianretailer.com
  The Indian snacking market is estimated to be between $15-20 billion currently. Healthy snacking would be around 2-3 percent of this market currently. The market opportunity for snacking is around $30 billion. The kids and teens snacking category itself is $10 billion. Therefore, there is enough headroom to grow the kid’s food and nutrition segment in India…
• Sugar Cosmetics Expands Presence in Chennai
  28 Jan 2023, indianretailer.com
  Indian omnichannel beauty company Sugar Cosmetics launched its 50th High Street Store at Anna Nagar East, Chennai, announced Pushkar Basu, retail manager, High Street at Sugar Cosmetics…
• Shoppers Stop Collaborates with Earthi, Forays into Ayurveda
  28 Jan 2023, indianretailer.com
  Raheja-group-backed department store chain Shoppers Stop has collaborated with Ayurvedic beauty and wellness brand Earthi to launch a new Kumkumadi oil face sheet mask, marking its foray into the booming Ayurveda products market. The brand had been eyeing an entry into this lucrative segment by developing its own product. The newly-launched product can be purchased for Rs 299 from Shoppers Stop stores and Earthi website…
• Edible Oil Brand Sunpure Forays into Spices Market
  28 Jan 2023, indianretailer.com
  South India’s largest edible oil brand, Sunpure has forayed into the Rs 25,000-crore branded spices market with the launch of Sunpure Red Chilli Powder, Sunpure Turmeric Powder, and Sunpure Coriander Powder. Soon, the company will be unveiling its blended spice mixes as well as new product categories like grains, pulses, and dry fruits…
• G.O.A.T Brand Labs Acquires Apparel Brand Imara
  28 Jan 2023, indianretailer.com
  Strengthening its purse of ethnic lifestyle brands in 2023, G.O.A.T Brand Labs has announced the acquisition of Imara – a celebrity-endorsed women’s ethnic apparel brand. Well received by the targeted premium women customers, Imara has expanded its presence in over 70 offline stores. Shoppers Stop is also a strategic partner of G.O.A.T Brand Labs and online channels like Myntra…
• Swiss watch imports touch $200 mn as Indians splurge
  28 Jan 2023, livemint.com
  Demand for luxury watches in India has soared, with Swiss watch imports nearly doubling in 2022 from 2020, the Federation of the Swiss Watch Industry said…
• Spirits up once again in 2022 as alcohol sales hit 4-year high
  27 Jan 2023, retail.economictimes.indiatimes.com
  The market, especially for premium products across categories, saw a sharp recovery in 2022 after a slump during the Covid-19 pandemic. The premium portfolio now accounts for a fifth of all whisky sold in the country, gaining 500 basis points since 2018 as consumers steadily shifted to the higher priced tipple. The growth last year, however, was slower than in 2021, which saw a 15% expansion on a low base…
• Udaan reins in cash burn rate: CEO
  27 Jan 2023, financialexpress.com
  Udaan has a dominant position in e-B2B market in terms of reach and scale given its first mover advantage..
• Budget 2023: India’s $5-trillion economy dream confronts moribund MSME
  27 Jan 2023, retail.economictimes.indiatimes.com
  The budget needs to look at offering provisions that strengthen manufacturing and ease of doing business for small and medium enterprises. Such dole outs can help smaller players survive and scale up more efficiently…
• Pernod Ricard plans to amp up manufacturing capabilities in India
  27 Jan 2023, thehindubusinessline.com
  French spirits major Pernod Ricard known for its brands Blenders Pride and Absolut Vodka plans to improve its manufacturing capabilities through automation in order to increase productivity in India…
• Johnnie Walker maker Diageo tops sales estimates helped by premium brands
  27 Jan 2023, retail.economictimes.indiatimes.com
  The London-based company, which makes Tanqueray gin, Captain Morgan’s rum and Ketel One vodka, said organic net sales rose 9.4% in the six months to December 31, beating analyst forecasts for a 7.9% rise…
• Luxury group LVMH’s sales defy downturn as shoppers splurge
  27 Jan 2023, retail.economictimes.indiatimes.com
  Sales at the world’s biggest luxury group reached 22.7 billion euros ($24.65 billion) in the final three months of the year, with the 9% increase on an organic basis a touch above analyst expectations for 7% growth, based on a consensus cited by UBS…
• Tod’s sales exceed 1 billion euros in 2022
  27 Jan 2023, retail.economictimes.indiatimes.com
  Full-year revenues grew by 11.4% at constant exchange rates to 984 million euros. Analysts had expected 985 million euros in sales, according to a company provided consensus…
• 
  

  Coke rewrites script to be a brand for all seasons

  
  27 Jan 2023, financialexpress.com
  Coca-Cola India is reallocating its marketing spends to multiple quarters, against the strong orientation towards the first and second quarters…

• IndiaMARTOrion Mall unveils unique 60-foot “Ship of Patriotism” on India’s 74th Republic Day
  27 Jan 2023, contentmediasolution.com
  Bengaluru, 26 January 2023: Orion Malls by Brigade Group celebrated India’s 74th Republic Day by unveiling a unique, 60-foot “Ship of Patriotism” on the 26th of January 2023 at the lakeside of Orion Mall, Brigade Gateway…
• Budget Expectations: What should retail investors watch out for ?
  27 Jan 2023, economictimes.indiatimes.com
  ​​ The Union Budget for FY24 is just around the corner, and we expect it to remain focused on pro-growth initiatives such as continued investment in infrastructure and capacity development…
• DLF’s net profit up 36.48% in Q3 FY23
  26 Jan 2023, retail.economictimes.indiatimes.com
  DLF’s ‘s consolidated total income stood at Rs 1,559.66 crore in Q3 FY23, a dip of 7.54 per cent from Rs 1,686.92 crore it recorded in the similar quarter last year…
• Future Retail’s executive chairman Kishore Biyani resigns
  26 Jan 2023, retail.economictimes.indiatimes.com
  Biyani was serving as the executive chairman and director of the company…
• ITC Ltd to introduce millets into most of its packaged food products, says chairman Sanjiv Puri
  26 Jan 2023, retail.economictimes.indiatimes.com
  This is a part of the conglomerate’s ‘Mission Millet’ strategy which it will also roll out as a branding effort in all products which will have millets in them. The company will introduce millets as an additive or roll out 100% millet products across categories like snacks, confectionery, cereals, ready to eat range, biscuits and instant noodles, said Puri…
• Leaders demand industry status, multi-tiered policy for retail sector
  26 Jan 2023, retail.economictimes.indiatimes.com
  “Retail policy has been in the draft stage for ages. Recently there has been some development which is encouraging. It’s time for the government to take inputs from stakeholders and take a decision.”..
• Reported healthiest set of results this quarter, says Shoppers Stop MD Venu Nair
  26 Jan 2023, retail.economictimes.indiatimes.com
  “​Our investments are broadly on our strategic pillars – private brands, beauty, and store expansion. ​In the case of private brands, we are investing to convert these labels and grow them into brands. For beauty, the investment is in the SS Beauty stores and in distribution.”…
• Patanjali Q3 Results: PAT rises 15% YoY to Rs 269 crore, but profitability hit by costs
  26 Jan 2023, retail.economictimes.indiatimes.com
  Operating profit, calculated as earnings before interest and tax, depreciation and amortization (EBITDA), declined 12.4% on-year to Rs 368 crore, while margin contracted a sharp 205 basis points to 4.64%…
• Textile maker Arvind Q3 profit declines 11.62% to Rs 87 crore
  26 Jan 2023, retail.economictimes.indiatimes.com
  Revenue from operations during the quarter under review were at Rs 1,979.79 crore as against Rs 2,270.07 crore in the year-ago period, it added…
• 
  

  Republic Day sales up 24% this year: Unicommerce

  
  26 Jan 2023, retail.economictimes.indiatimes.com
  As per the analysis, the beauty and personal care segment recorded maximum growth with 31 per cent YoY growth in order volumes followed by 29 per cent growth by the fashion segment…

• IndiaMART InterMESH to strengthen footprint in TN, Pondy
  26 Jan 2023, retail.economictimes.indiatimes.com
  Online B2B marketplace provider IndiaMART InterMESH Ltd has drawn up plans to strengthen footprint by foraying into three cities in Tamil Nadu, besides setting up an office in neighbouring Puducherry…
• G.O.A.T Brand Labs acquires ethnic apparel brand Imara
  26 Jan 2023, retail.economictimes.indiatimes.com
  ​​The ethnic wear brand has its presence in over 70 offline stores, Shoppers Stop who are also a strategic partner of G.O.A.T Brand Labs and online channels like Myntra…
• Levi Strauss holiday sales set to fall as shoppers move away from denim
  26 Jan 2023, retail.economictimes.indiatimes.com
  “While macro pressures have not impacted all apparel categories equally, denim has been a category feeling the brunt of a change in consumer spending patterns,” Citigroup analysts said in a note…
• Colgate needs to brush up on growth after another dull quarter
  26 Jan 2023, livemint.com
  Colgate-Palmolive (India) Ltd, which is present in the oral care category, has been unable to revive its revenue and sales volume growth for a while now. This trend has continued in the December quarter (Q3FY23) as well even as expectations were measured…
• Elite Foods aims to become national brand in five years
  26 Jan 2023, thehindubusinessline.com
  The food company has focussed on market expansion, industrial development and sustainable distribution elite foods has charted out a vision to emerge as the “Food Factory of India” in the next five years…
• ASUS strengthens its retail strategy, adds third Pegasus store in Delhi
  26 Jan 2023, retail.economictimes.indiatimes.com
  ​​The company, with its Pegasus stores, want to provide its consumers with a first-hand experience of brand innovations, ranging across consumer PCs, gaming laptops, creator series, all-in-one desktops, and a wide range of accessories…
• Shah Rukh Khan drives footfall to malls with his movie Pathaan
  26 Jan 2023, indiaretailing.com
  The release of Shah Rukh Khan-starrer Pathaan movie is attracting droves of people to multiplexes all over the country and the response to the movie has energized Bollywood. The release of the movie is also somewhat energizing another quarter of the consumer-facing business: Retailers…
• LuLu Expansion Plan On Track In India
  26 Jan 2023, khaleejtimes.com
  Yusuff Ali MA, Chairman of LuLu Group, with India Prime Minister Narendra Modi on the sidelines of the 17th Prabavi Bharatiya Divas, held at Indore in Madhya Pradesh…
• ASUS Expands Offline Presence, Opens 3rd Pegasus Store in Delhi
  26 Jan 2023, indianretailer.com
  ASUS India, a Taiwanese leading tech giant, has launched the Pegasus store in New Delhi. This is the brand’s third Pegasus store in the city located at Nehru Place…
• ‘Beauty as a category will grow at a pace ahead of the business’
  26 Jan 2023, livemint.com
  Shoppers Stop posted record quarterly sales in the December quarter, with revenue surpassing pre-covid levels. In an interview, Venu Nair, managing director and chief executive, spoke about the department store operator’s plan to add more direct-to-consumer brands, views on the beauty retail market and consumer demand…
• Unilever’s dominance in India helps it raise prices, pinching rural poor
  25 Jan 2023, retail.economictimes.indiatimes.com
  The nation of 1.4 billion is one of Unilever’s three priority markets, alongside the United States and China. The company traces its roots in India back to 1888 and its local subsidiary, Hindustan Unilever (HUL), accounts for just over a tenth of group sales, according to recent results…
• United Spirits Q3 Results: Profit slumps 64.4% QoQ hurt by soaring input costs
  25 Jan 2023, retail.economictimes.indiatimes.com
  The company said it incurred a one-time expense of 1.51 billion rupees, while its input costs rose 4.6%.” Looking ahead, in the shorter term, we do expect inflationary headwinds to continue,” said Hina Nagarajan, chief executive of United Spirits…
• Colgate-Palmolive Q3 net profit dips 4 pc to Rs 243 crore
  25 Jan 2023, retail.economictimes.indiatimes.com
  Colgate-Palmolive (India) on Tuesday said its net profit declined by 4 per cent to Rs 243 crore in the third quarter ended December 31, 2022. The company had reported a net profit of Rs 252 crore in the October-December period of the previous fiscal…
• Westlife Foodworld appoints Saurabh Bhudolia as CFO
  25 Jan 2023, retail.economictimes.indiatimes.com
  In his new role, Bhudolia will report to the executive director, Akshay Jatia, and will work closely with the leadership team to devise effective financial strategies for Westlife Foodworld…
• Zomato Gold returns with discounts on delivery and dining out
  25 Jan 2023, retail.economictimes.indiatimes.com
  According to company sources, the Gold membership is currently being offered on an invite-only basis. However, users with existing Pro memberships are being offered Gold subscriptions for three months…
• Godrej Appliances partners with Delhivery to build pan-India supply chain for air-cooler biz, eyes deeper market penetration
  25 Jan 2023, retail.economictimes.indiatimes.com
  Under this partnership, Delhivery and Godrej Appliances have jointly inaugurated a new warehouse in Ghaziabad (NCR) to handle all fulfillment needs at a pan-India level…
• Small package-delivery companies get bigger
  25 Jan 2023, livemint.com
  Smaller parcel carriers made big gains during the pandemic handling packages that the larger players couldn’t deliver. Some want to get bigger.

  ..

• Nona Lifestyle targets Rs 1,000 crore revenue
  25 Jan 2023, retail.economictimes.indiatimes.com
  In 2020, the company recognized the importance of technology for both its customers and suppliers, as it would provide accurate data and automate the supply chain. To achieve this goal, the firm raised Rs 3.5 crore in seed funding from LC Nueva to develop tech architecture…
• Reliance Retail’s business growth focus with digital commerce
  25 Jan 2023, financialexpress.com
  “Digital Commerce and New Commerce businesses continue to demonstrate strength of their business model and grew 38 per cent YoY and contributed to 18 per cent of the revenue,” the company said…
• Shamal Patel re-elected as chairman of GCMMF that markets ‘Amul’ products
  25 Jan 2023, retail.economictimes.indiatimes.com
  The board of GCMMF, India’s largest food products organisation with a turnover of Rs 46,481 crore during the last financial year, met here for the election where Valamji Humbal was also unanimously re-elected as the vice chairman, said the farmers’ cooperative in a statement…
• Tata Coffee consolidated Q3 net profit falls 45 pc to Rs 38 crore
  25 Jan 2023, retail.economictimes.indiatimes.com
  Tata Coffee on Tuesday reported a 44.71 per cent decline in consolidated net profit during the December quarter at Rs 38.40 crore. The consolidated net profit of Tata Coffee Ltd (TCL) stood at Rs 69.46 crore in the year-ago period, it said in a regulatory filing…
• Lifestyle brand Dekulture Works enters offline retail, opens 3 stores in Bangalore
  25 Jan 2023, retail.economictimes.indiatimes.com
  The brand is in talks with various investors to raise around Rs 100 Cr for expansion in Delhi, Mumbai, and other metros soon..
• Croma Infiniti-Retail to take up rapid expansion in next FY
  25 Jan 2023, retail.economictimes.indiatimes.com
  Croma launched around 100 new stores this year and plans rapid expansion in the next financial year. Croma has been expanding its footprint in Tier II and III towns to reach more people, the company said in a statement…
• Laptop demand ebbs as pandemic eases
  25 Jan 2023, livemint.com
  The pandemic-led shift to remote work, which fuelled massive demand for PCs and laptops in the last two years, is starting to fade…
• Pidilite Q3 Results: Profit falls 15% QoQ hit by higher input costs
  25 Jan 2023, retail.economictimes.indiatimes.com
  The Mumbai-based company said consolidated net profit fell to 3.04 billion rupees ($37.26 million) in the three months ended Dec. 31. Analysts on average expected the company to report a profit of 3.82 billion rupees, according to Refinitiv IBES data…
• KFC India Opened its 7th Outlet in Dehradun
  25 Jan 2023, rli.uk.com
  American fast food restaurant chain KFC opened its seventh outlet in Dehradun at the Unison Centrio mall, New Delhi…
• How ELLE DÉCOR and Mont Blanc Ventures Aim to Capture the Growing Décor Market
  25 Jan 2023, indianretailer.com
  ELLE DÉCOR a brand synonymous with premium interior decoration is well known globally for the plethora of products it offers to its customers. French conglomerate Lagardère Group owned ELLE DÉCOR along with Mont Blanc Ventures launched their first multi-brand home store ELLE DÉCOR Home Collection…
• Dekulture Enters Offline Retail Market
  25 Jan 2023, indianretailer.com
  Dekulture Works, a lifestyle brand inspired by India’s ancient art and culture, has entered the offline retail industry with 3 stores in Bangalore, India. The first studio is located in Phoenix Market City, Whitefield, Bengaluru’s iconic shopping destination while two other stores are in premium localities of Sadashivnagar and HSR Layout…
• Spencer’s Retail CEO Devndra Chawla Steps Down
  25 Jan 2023, indianretailer.com
  Spencer’s Retail Ltd said its CEO and Managing Director Devendra Chawla has resigned. In a regulatory filing, the company said Chawla has tendered his resignation from the position of CEO and Managing Director and also as a Director from the Board of the company with effect from January 20, 2023…
• Godrej Appliances Partners with Delhivery Ltd
  25 Jan 2023, indianretailer.com
  Godrej Appliances, a business unit of Godrej and Boyce, has awarded the contract to build and manage the pan-India supply chain for their air-cooler business to Delhivery Ltd., India’s largest fully integrated logistics provider. Through this partnership, Delhivery will deploy its integrated warehousing and distribution solution to drive market penetration of Godrej air coolers…
• Nutrilitius Appoints Saurabh Walkar as Director
  25 Jan 2023, indianretailer.com
  To strengthen its leadership team, Nutrilitius, an online platform that offers the best quality nuts and dry fruits in India, has onboarded Saurabh Walkar as its Director. In his current role at the organization, Saurabh will mentor the management team. He will be identifying gaps in the market and steering product development that will contribute to the fortification of the company’s product portfolio and help them better understand the product-market fit…
• Ashni Biyani’s company to attempt Thrasio model
  24 Jan 2023, retail.economictimes.indiatimes.com
  Think9 Consumer, a multi-brand platform promoted by Ashni Biyani, daughter of Future Group chairman Kishore Biyani, is in talks with close to a dozen direct-to-consumer brands across retail, fashion, FMCG, kids furniture, home decor, beauty and ayurveda to co-create them on the lines of Thrasio-styled house of brands businesses…
• Shoppers Stop Q3 net profit falls to Rs 63 crore
  24 Jan 2023, retail.economictimes.indiatimes.com
  Consolidated revenue from operations during the quarter under review stood at Rs 1,137.07 crore as against Rs 958.11 crore in the same period a year ago, it added…
• Nykaa appoints P Ganesh as chief financial officer
  24 Jan 2023, retail.economictimes.indiatimes.com
  Former CFO Arvind Agarwal quit Nykaa in November last year to join PayU, the fintech and payments arm of Dutch investment giant Prosus…
• Zomato to rebrand its 10-minute delivery service Instant
  24 Jan 2023, retail.economictimes.indiatimes.com
  Food aggregator Zomato Ltd on Monday said that the company is looking to rebrand its 10-minutes delivery service, Zomato Instant…
• JioMart sees 37% monthly increase in orders via Whatsapp
  24 Jan 2023, retail.economictimes.indiatimes.com
  Reliance Retail on Friday reported a 6.24 per cent increase in its net profit to Rs 2,400 crore for the December 2022 quarter. The company’s revenue for operations surged 18.64 per cent to Rs 60,096 crore during the period in review…
• Amazon launches cargo service Air in India
  24 Jan 2023, retail.economictimes.indiatimes.com
  Amazon has partnered with Quikjet Cargo Airlines to launch Amazon Air which will initially look to deliver goods in cities like Bengaluru, Hyderabad, Delhi and Mumbai…
• Flipkart’s social commerce arm Shopsy sees six-fold customer growth in 2022
  24 Jan 2023, business-standard.com
  In 2022, Shopsy witnessed a six-fold growth in customers transacting on its website. Around 40 per cent of the new users being added to Flipkart today come via Shopsy, which was 25 per cent earlier…
• Hungry for more. Quick service restaurants look for a bigger slice of pizza market in small towns
  24 Jan 2023, thehindubusinessline.com
  Pizza is no more a delicacy just for the urban class. Several players like Domino’s have begun opening stores in smaller towns because people are enjoying it so much…
• The real estate sector scaled to a new high in 2022 and looks forward to a promising 2023
  24 Jan 2023, constructionweekonline.in
  India’s real estate sector witnessed a stellar year in 2022 with healthy growth in sales and launches across all segments. Emerging strong in the post-covid-era, the real estate sector staged impressive growth across geographies…
• Express Avenue celebrates Christmas, New Year and Pongal festive seasons the grand way
  24 Jan 2023, contentmediasolution.com
  Express Avenue- “The Destination Mall of India”, one of the leading malls in Chennai announced that their 2022 Christmas and 2023 New Year and Pongal festive seasonsbusiness saw a strong performance and record sales. The announcement also marks the entertainment avenue’s step into the 13th year of successful operation…
• Reliance Retail Acquires V Retail
  24 Jan 2023, indianretailer.com
  Reliance Retail has acquired Telangana and Andhra Pradesh-based footwear and apparel retailer V Retail Pvt Ltd, which operates a retail chain under the brand name ‘Centro Style’. V Retail operates 32 Centro stores in Andhra Pradesh, Telangana, and Karnataka markets…
• Oriflame Expands Product Portfolio, Unveils NovAge Proceuticals
  23 Jan 2023, retail.economictimes.indiatimes.com
  Oriflame, a leading social selling company in the cosmetics and beauty industry, is spreading its horizon in the premium cosmeceutical category…
• HRX’s Tie-up with Baccarose Wins with Coopetition, Starts New Retail Trends
  23 Jan 2023, indianretailer.com
  A unique business proposition is the lifeblood of any brand that wants to make its presence felt. Boundaries of customer cohorts are overlapping faster than we realize, as users with exposure to similar facilities, have similar needs. Health has become one such fundamental aspect in the daily lives of young India and HRX, since inception in 2013, has been diversifying from athleisure clothing to a spectrum of verticals that inspire people to be their best selves…
• Myntra Ropes in Anushka Sharma as Brand Ambassador
  23 Jan 2023, indianretailer.com
  Myntra has signed Bollywood actor Anushka Sharma as its brand ambassador for its ‘beauty’ category. The brand has rolled out an ad film featuring the actor to promote its propositions in the beauty and personal care space…
• Retail business got a boost with more Indians choosing to shop at Reliance Retail stores: Mukesh Ambani
  23 Jan 2023, retail.economictimes.indiatimes.com
  Isha M. Ambani, Executive Director, Reliance Retail Ventures Limited, said, “Our performance during the quarter demonstrates the underlying strengths and efficiencies of our business model that enable us to serve our customers with excellence at all times. We remain steadfast in offering the best shopping experience across all our stores and digital platforms to deepen our bond with our customers and vendor partners.”…
• Royalty payments to UK parent in HUL’s interest: CEO Sanjiv Mehta
  23 Jan 2023, retail.economictimes.indiatimes.com
  “Royalty grants us the right to use Unilever-owned brands and access to Unilever’s cutting-edge technical knowhow, world class R&D and innovation capabilities,” he said. “The service fees enable us to leverage Unilever’s global expertise and functional services.”…
• Flipkart to focus on assisted commerce initiatives, audiobooks in 2023
  23 Jan 2023, thehindubusinessline.com
  Enhancing assisted commerce interventions like live commerce, video commerce and expanding its audiobooks library will be some of the focus areas for Flipkart in 2023, Kanchan Mishra, Business Head — FMCG, Home & General Merchandise, Flipkart told businessline…
• How Budget 2023-24 can accelerate growth in the retail industry?
  23 Jan 2023, retail.economictimes.indiatimes.com
  While companies from other countries can establish their export business only after two years of domestic operations, it takes much more time for Indian retailers to go international. The Government should look at supporting electronics retailers to go global and capitalize on the export opportunity in the upcoming budget…
• Retailers shrug off winter chill to see double-digit growth in yr-end sales
  23 Jan 2023, business-standard.com
  End-of-season sales (EOSS), which started at the end of December and will continue till the first week of February, have witnessed 15-20 per cent growth, according to retailers and mall developers…
• JioMart sees jump in orders via WhatsApp
  23 Jan 2023, livemint.com
  JioMart the online commerce play of Reliance Retail registered a jump in quarterly orders via WhatsApp apart from an uptick in active customer base, top executives at the company said…
• Charging infrastructure needs big push as EV adoption grows in India
  23 Jan 2023, economictimes.indiatimes.com
  To help India realise its EV dream, creating a vast network of public stations and community charging stations (in societies) in key metro cities is a daunting task and at the moment, the country stares at a huge gap as EV adoption increases, especially in the two-wheeler segment…
• Technology is reshaping India’s online retail: Unicommerce
  23 Jan 2023, livemint.com
  Online shopping in India is growing by leaps and bounds. According to consulting firm Bain & Company’s report of October 2022, India’s e-retail market was estimated to be $50 billion in 2022, growing at 25% over 2021. By 2027, the market is expected to grow to $150–$170 billion, with up to 1 in 10 retail dollars spent online…
• Shop Talk. What’s in store for retail in 2023
  23 Jan 2023, thehindubusinessline.com
  Indian Retail in 2023 would have to cater to the need for instant gratification that has been further intensified by same-day delivery promise, and hyper-local operators. Ironically, this is not a new trend…
• Karta Ceremony, A Unique Community-Based HR Tool Used By Reliance Retail To Welcome Store Leaders
  23 Jan 2023, outlookindia.com
  Under the karta ceremony, before joining a store, an executive is blindfolded and placed on a special chair in front of all store employees, vendors and even his relatives..
• EaseMyTrip to establish offline retail stores through franchise model
  
  23 Jan 2023, business-standard.com
  Products and services that will be offered under the EaseMyTrip Franchise will include flight booking, group fares, hotels, holidays, IRCTC (rail booking), cabs, buses, cruises, charters, and visas…
• Vodafone-Idea expands rural retail footprint in Bihar and Jharkhand
  23 Jan 2023, timesofindia.indiatimes.com
  With a view to ramping up its retail footprint at the sub district level, Vodafone-Idea (Vi) is launching 75 new format ‘Vi Shops’ across multiple towns in Bihar and Jharkhand. Smaller towns like Arrah, Barauni, Bettiah, Buxar, Chausa, Deoriya, Hajipur, Katihar, Masauri, Motihari, Sitamarhi, amongst others in Bihar now get…
• Reliance Retail Q3 net profit rises 6.2% to Rs 2,400 crore; revenue up 18.6%
  21 Jan 2023, retail.economictimes.indiatimes.com
  The retail arm of Reliance Industries Ltd (RIL) said it had posted a net profit of Rs 2,259 crore in the October-December quarter of FY21 and its revenue from operations was Rs 50,654 crore…
• Spencer’s Retail CEO Devndra Chawla resigns
  21 Jan 2023, retail.economictimes.indiatimes.com
  Chawla joined the RP Sanjiv Goenka Group in 2019 as its chief executive officer and managing director for a three-year term. Earlier, he was the chief operating officer of Walmart India…
• Meesho’s cash burn reduced by 90% between Jan-Dec 2022
  21 Jan 2023, retail.economictimes.indiatimes.com
  “Starting Feb/March 2022, we have shifted our focus towards profitable growth. We’ve taken a very ambitious target of becoming profitable by mid of this year. And we are already close to touching cash flow profitable status,” shared Dhiresh Bansal, CFO, Meesho…
• Reliance Retail acquires footwear retailer V Retail
  21 Jan 2023, retail.economictimes.indiatimes.com
  “Reliance Retail strengthened its product offerings with the acquisition of V Retail (Centro Footwear),” said the earning statement from Reliance Industries on Friday. However, the company did not disclose the financial details of the deal…
• Amazon invests Rs 400 crore in India logistics arm
  21 Jan 2023, retail.economictimes.indiatimes.com
  The fund infusion comes at a time when Amazon is increasing its seller base as well as product catalogue on the platform from sellers…
• Organised trade cannot expand beyond a point in India: Amazon’s Manish Tiwary
  21 Jan 2023, thehindubusinessline.com
  The financial model of selling at MRP is not very robust in India, said tiwary at the third V Narayanan memorial endowment lecture on the topic organised by the MMA…
• We will continue to hunt for good M&A opportunities: IndiaMart CEO Dinesh Agarwal
  21 Jan 2023, retail.economictimes.indiatimes.com
  IndiaMart Intermesh reported a rise of 60.68 per cent in its consolidated net profit to Rs 112.8 crore for the quarter that ended December 31, 2022. Its consolidated revenue from operations increased by 33.65 per cent to Rs 251.4 crore. ETRetail spoke to IndiaMart’s founder and CEO, Dinesh Agarwal to understand the company’s performance and strategy, and vision going forward…
• Tanishq enters American market; first store inaugurated by Senator Robert Menendez
  21 Jan 2023, retail.economictimes.indiatimes.com
  The launch is a part of Tanishq’s retail business expansion strategy. It launched its first international brick-and-mortar store in Dubai in November 2020. It now has eight international stores, seven in the United Arab Emirates (UAE) and the first in the United States of America…
• Trent enters equal JV with MAS Amity for intimate wear and apparel business
  21 Jan 2023, retail.economictimes.indiatimes.com
  Over time, Trent and MAS would pool their domain expertise to undertake design, development and manufacturing of a range of intimate wear and other apparel products. Initially, the joint venture would facilitate design and sourcing of related products…
• As inflation cools, Bikaji Foods CFO hints at price reductions
  21 Jan 2023, retail.economictimes.indiatimes.com
  CFO Rishabh Jain doesn’t foresee any price hikes for the next 2-3 quarters; may look at price reductions or grammage increases if inflation softens further…
• Meal delivery firm Deliveroo breaks even as orders dip
  21 Jan 2023, retail.economictimes.indiatimes.com
  The company, which had benefited from surging demand during the pandemic, said the value of orders on its platform increased 6% to 1.8 billion pounds ($2.2 billion) in the fourth quarter, as the rise in restaurant prices offset a 2% drop in orders…
• Kent RO Systems forays into fan segment under Kuhl brand
  21 Jan 2023, retail.economictimes.indiatimes.com
  The BLDC fans are at least 65 per cent more energy efficient than the regular ceiling fans, Kent RO Systems Chairman and Managing Director Mahesh Gupta said. “We can save electricity worth Rs 2 lakh crore every year if 120-crore household fans in the country are converted to BLDC technology,” he noted…
• Reliance Retail’s Avantra by Trends opens its first store in North India
  21 Jan 2023, apparelresources.com
  Avantra by Trends, which is a concept store chain by Reliance Retail, has opened its first store in North India in Lucknow. The store has been opened in Lulu Mall, Golf City…
• Retail Samvad: Industry Leaders Push for Immediate Implementation of National Retail Policy
  21 Jan 2023, retail.economictimes.indiatimes.com
  As part of the ongoing initiatives to support MSME’s and Small Retailers India’s apex association-India Center for Policy Research and Governance (ICPRG) in association with METRO Cash & Carry India organized the fifth edition of Retail Samvad – Future of Small Retail: Empowering small retailers & MSMEs to make them future ready…
• Amazon, Samara Capital pump Rs 300 crore into More Retail
  20 Jan 2023,retail.economictimes.indiatimes.com
  More Retail’s holding company is Witzig Advisory Services which is 49% owned by Amazon and 51% by Samara Alternate Investment Fund. The filings to the Registrar of Companies (RoC) shows there has been a capital infusion into Witzig Advisory on January 12, which in turn on the same day pumped money into More Retail. The last round of capital infusion was for Rs 100 crore.”…
• Hindustan Unilever Q3 net profit rises 7.9% to Rs 2,481 crore
  20 Jan 2023,retail.economictimes.indiatimes.com
  Its consolidated total income during the quarter under review rose 16.35 per cent to Rs 15,707 crore against Rs 13,499 crore a year ago, Hindustan Unilever Ltd (HUL) said in a regulatory filing.”…
• Samsung becomes India’s top smartphone brand in Q4 in India; Vivo ranked second: Canalys
  20 Jan 2023,retail.economictimes.indiatimes.com
  Samsung took the number one spot in the October-December quarter or Q4 of 2022 for the first time since Q3 2017, shipping 6.7 million units for a market share of 21%, while Vivo captured the second spot with 6.4 million units shipped mainly via offline channels, Canalys said.”…
• Asian Paints Q3 net profit rises 6.4 per cent to Rs 1,097 crore
  20 Jan 2023,retail.economictimes.indiatimes.com
  Asian Paints Managing Director & CEO Amit Syngle said the domestic decorative business of the company registered a flat volume and value sales delivery for the quarter, on a very high price increase base in the previous year.”…
• PVR posts Q3 net profit at Rs 16.15 crore
  20 Jan 2023,retail.economictimes.indiatimes.com
  Its consolidated revenue from operations in the third quarter grew 53.17 per cent to Rs 940.69 crore against Rs 614.15 crore in the corresponding period of the previous year, it added.”…
• Fire-Boltt to start exports from India from Feb: CEO
  20 Jan 2023,retail.economictimes.indiatimes.com
  While the initial inventory to these markets went from China, Kishore said the plan is to start exporting from India from February onwards.”…
• Indiamart Q3 net profit rises 60.6% to Rs 112.8 cr; revenue up 33.6% at Rs 251.4 cr
  20 Jan 2023,retail.economictimes.indiatimes.com
  Commenting on the results Indiamart Intermesh CEO Dinesh Agarwal said it was led by growth in revenue, deferred revenue, paying subscription suppliers and cash flow from operations with healthy margins.”…
• Luxury fakes litter online portals
  20 Jan 2023,www.livemint.com
  Shoppers looking to snag a luxury timepiece may be tempted by the allure of cut-price products being sold online: a Tag Heuer Mercedes Benz SLR watch, which typically retails at “…
• 
  ‘Retail sales up 16% in Dec compared to pre-pandemic times’
  20 Jan 2023,www.thehindubusinessline.com
  Retailers across the country clocked an estimated 16 per cent growth in sales in December compared to pre-pandemic times, as per the latest survey of Retailers Association of India (RAI). This growth was led by categories such as footwear, jewellery and sports goods. Retailers across the country clocked an estimated 16 per cent growth in sales in December compared to pre-pandemic times, as per the latest survey of Retailers Association of India (RAI). This growth was led by categories such as footwear, jewellery and sports goods. Retail businesses across regions indicated growth in sales compared to pre-pandemic levels led by the Eastern region, the industry body said. While retailers in eastern India clocked sales growth of 20 per cent, in South India sales at retail businesses grew by 18 per cent in December 2022 compared to December 2021. Retailers in Western and Northern region clocked sales growth of 16 per cent and 10 per cent respectively. Kumar Rajagopalan, CEO, Retailers Association of India (RAI), said, “Customers are spending carefully on discretionary products. While it’s growth, It’s cautious growth While footwear sales surged by 29 per cent in December, 2022 compared to December 2019, jewellery sales were up 26 per cent. Sports goods category raked in sales growth of 25 per cent in December compared to pre-pandemic times. “…
• Retailers have big plans in store this year
  20 Jan 2023,retail.economictimes.indiatimes.com
  Experts said leasing in 2023 could outpace even the 2019-level when retailers cumulatively took up a record 6.8 million sq ft of new space. “…
• Men’s suit brand PN Rao completes 100 years, to re-enter women’s wear biz
  20 Jan 2023,retail.economictimes.indiatimes.com
  The PN Rao, the firm’s partners said, would cater to the business attire demands of both men and women, meeting their evolving tastes and setting new benchmarks. “Now the situations are completely different in a boardroom, women are taking over in every field. Therefore we want to focus on strong and confident business women,” Naveen Pishe said.”…
• 
  Mondelez India strengthens play in choco-bakery segment
  20 Jan 2023,www.thehindubusinessline.com

  Launches Cadbury Chocobakes Chocochip Cookies marking third launch in the segment”…

• 
  Havells India Q3 net profit falls 7.3% to Rs 283.52 crore
  20 Jan 2023,retail.economictimes.indiatimes.com
  Its consolidated revenue from operations during the quarter under review stood at Rs 4,127.57 crore against Rs 3,664.21 crore in the year-ago period, it added.”…
• 
  Marks and Spencer Strengthens Presence in Madhya Pradesh
  20 Jan 2023,www.indianretailer.com
  Iconic fashion brand Marks and Spencer has opened its 96th store in Indore in the Phoenix Citadel Mall. This new store is the 2nd store in Indore and the 3rd in Madhya Pradesh. Marks and Spencer continues to strengthen its commitment to the Indian market with a sustained growth plan of opening more stores and modernizing established-existing stores along with space expansions. With a style that is chic, contemporary, and effortless, this new store at Citadel Mall and the recently updated store at Treasure Island Mall showcases endless options for men and women, along with cute and cozy style options for children. Men can shop for T-shirts starting at Rs 899, and Shirts Starting at Rs 1799. “…
• 
  How Budget 2023-24 can accelerate growth in the retail industry?
  20 Jan 2023,retail.economictimes.indiatimes.com
  While companies from other countries can establish their export business only after two years of domestic operations, it takes much more time for Indian retailers to go international. The Government should look at supporting electronics retailers to go global and capitalize on the export opportunity in the upcoming budget.”…
• 
  Iconic Strengthens Offline Presence in Ludhiana
  20 Jan 2023,www.indianretailer.com
  Iconic Fashion India has opened its latest exclusive store in Ludhiana. The outlet is located at MBD Neopolis on Ferozepur Road.The fashion outlet retails premium clothing for men, women, and kids in the country and houses brands like GANT, True Religion, DKNY, Elle Paris, Bugatti, Antony Morato, Matinique, Kendal + Kylie, and 80+ other brands. In 2013, Iconic opened its first store in Delhi with the goal of making fashion accessible. Initially, it started by housing eight brands. Soon, the portfolio widened to 130 out of which close to 80 brands are international.”…
• 
  Avantra by Trends Opens First Store in North India
  20 Jan 2023,www.indianretailer.com
  Avantra by Trends, a concept store chain by Reliance Retail, has opened its first store in North India. The outlet is situated at Lulu Mall, Golf City, Lucknow.Followed by the official launch, the ethnic wear brand forayed into jewelry, accessories, and tailoring services. It also collaborated with regional weaver clusters and third-party brands, including Nalli Silks and Pothys. In August 2022, the brand launched its first brick-and-mortar store in Kerala at Oberon Mall, Edapally, which is spread across 5,000 sq ft. Avantra by Trends continues to expand its retail presence across Karnataka and recently opened its fourth store in Bengaluru and two other stores in Mangaluru and Shimoga. Founded in 2006, Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Its retails foods, groceries, jewelry, apparel, footwear, toys, home improvement products, electronic goods, and farm implements under various sub-brands.”…
• 
  ASUS Unveils Pegasus Store in Lucknow
  20 Jan 2023,www.indianretailer.com
  As a step towards strengthening the brand’s retail footprint across the country, ASUS India, a Taiwanese tech giant has announced the launch of Pegasus store in Lucknow. The new outlets take the mark of the brand’s total retail stores to 3 in Lucknow and 15 in Uttar Pradesh. The premium store features innovative demo zones to offer a premium experience and service to consumers. .”…
• 
  [Funding Alert] Blue Tokai Bags $30 mn from A91 Partners
  20 Jan 2023,www.indianretailer.com
  Blue Tokai Coffee Roasters has raised $30 million in its latest funding round, led by Mumbai-based investment firm A91 Partners. White Whale Ventures, and existing investors including Grand Anicut Fund and 8i Ventures, also participated in the funding round, which also saw some angel investors sell shares.The coffee brand is expected to have been valued at Rs 650 crore, post the investment round.Data sourced from the research platform Tracxn showed that specialty coffee startups raised $41.1 million in 2022, up from $11.4 million in 2021. These startups compete with established chains such as Starbucks, Cafe Coffee Day, and Barista. Blue Tokai plans to add 200 new stores over the next three years to add its current footprint of 60 stores, Matt Chitharanjan, Co-Founder and CEO, Blue Tokai said.Shivam Shahi, Co-Founder and COO, Blue Tokai said Launched in 2013 by Chitharanjan and Namrata Asthana as a roastery, the company has three roasteries in Delhi, Mumbai, and Bengaluru, and services its pan-India operations from there.”…
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  Godrej Yummiez Expands Product Portfolio, Unveils Veg Combo Pack
  20 Jan 2023,www.indianretailer.com
  Godrej Yummiez, a brand of vegetarian and non-vegetarian ready-to-cook products, has introduced a special Godrej Yummiez Veg Combo Pack, that includes your favorite Cheese corn nuggets, Crispy Potato Starz and Paneer Pops; all in a single pack. “…
• 
  ‘Namasthe World’ Launces in Indian Markets
  20 Jan 2023,www.indianretailer.com
  In line with the government’s “Atmanirbhar Bharat Abhiyan”, Namasthe World, a newly formed children’s toy and gaming brand based out of Hyderabad has announced its launch promising to offer a holistic 360-degree experience in physical toys, digital content, edutainment centric games and casual games for kids. ‘Namasthe World has inked a deal with Rowan’s and Hamley’s as the official distribution partners and hence all the products will be available across Hamley’s stores and other sub-brands of Rowan’s both physically and digitally. Namasthe World has a very strong in-house design team and aims to take on the deluge of Chinese toys into the Indian market. The ultimate aim is to provide a boost to homegrown toys and local artisans. Catering to a wide age group of 3+ years to 99+ years, Namasthe World aims to reach out to parents and children not only in India but diaspora audiences in USA, UK, Europe, and UAE. The pricing for the toys would range between Rs 500-10,000. The toys are already in production with a number of exclusive manufacturing partners and digital assets are being developed in partnership with top gaming companies. “…
• Budget Expectations: Retailers seek tax cuts to fight cheap smuggled items
  19 Jan 2023, retail.economictimes.indiatimes.com
  “The high taxes are creating a huge demand for smuggled and counterfeit products across the country and are forcing millions of small and impoverished shopkeepers to deal with criminals and be part of this illegal activity,” the Federation said in a statement.”…
• India bags Samsonite’s 2nd-largest market tag, overtakes China in last calendar year
  19 Jan 2023, retail.economictimes.indiatimes.com
  “To be sure, Samsonite’s China sales stood at $228 million in 2021 compared with India that clocked $140 million. India’s revenues stood at $99 million during the six months ended June 2022 while China’s were $76 million. The annual numbers have not been announced yet.”…
• B2B e-commerce platform Udaan shipped over 1.7 bn products in 2022
  19 Jan 2023, retail.economictimes.indiatimes.com
  “Udaan also shared that 586 sellers registered on the platform sold products worth Rs 1 crore during the calendar year 2022. “…
• Jubilant Food Works brings US chicken brand Popeyes to Chennai
  19 Jan 2023, retail.economictimes.indiatimes.com
  “Consumers across the world love the Louisiana style Cajun flavours of Popeyes. As a company, we are focused on bringing the finest taste of our brands, building it and expanding it to multiple cities. We offer consumers a chance to enjoy the unique blend of spices and Cajun flavoured fried chicken,” company CEO and MD, Sameer Khetarpal said. “Our launch in Chennai with the first store at Phoenix Marketcity mall is a testament to that commitment of the larger strategy.”…
• D2C dairy brand Sid’s Farm raises $1 million in a bridge round from its customers
  19 Jan 2023, retail.economictimes.indiatimes.com
  “The company shall use this fund for new product development, infrastructure upgrades, deeper retail penetration and digital transformation in order to gear up for future trajectory. “We have been bootstrapped all these days and I cannot be thankful enough for our customers who have come forth and placed their trust in our vision by investing in our brand”, said Dr Kishore Indukuri, Founder & MD at Sid’s Farm.”…
• ReshaMandi registers 3 times revenue growth at Rs 1,248.3 crore in first 3 quarters of FY23
  19 Jan 2023, retail.economictimes.indiatimes.com
  “Further, the startup plans to grow internationally by entering the US and Europe. Besides its present offerings in silk, cotton, viscose and linen (both national and international), ReshaMandi aims at broadening its focus in natural fabrics to include materials such as wool, jute and blends while experimenting with categories such as sisal and banana. “…
• Revenue of leather apparel and accessories sector to shrink 7-8% in fiscal 2024
  19 Jan 2023, retail.economictimes.indiatimes.com
  “The decline in revenue is expected because of the slowdown in consumer demand in Europe and the United States, which are key markets for Indian exporters. 85-90 per cent of the USD 2.25 billion Indian leather apparel and accessories produced in the country are exported, with Europe and North America accounting for 75 per cent of orders.”…
• India’s GDP will hit $26 trillion by 2047, says EY report
  19 Jan 2023, retail.economictimes.indiatimes.com
  “The study, titled “India@100: Realizing the Potential of a US$26 Trillion Economy,” was launched by Ashwini Vaishnaw, the Railway and IT Minister, on the sidelines of the World Economic Forum in Davos, Switzerland.”…
• Developing ecommerce and retail business with Mason’s data-driven approach
  19 Jan 2023, retail.economictimes.indiatimes.com
  “In fact, out of 13 million kirana stores — over 70% of stores in urban areas & over 37% of kiranas in rural regions are ready to embrace technology to offer a more convenient experience to their customers. “…
• 
  Footwear giant Pou Chen to set up manufacturing unit in Tamil Nadu
  19 Jan 2023, www.thehindubusinessline.com
  ” Pou Chen Corporation, the world’s largest contract manufacturer of branded athletic and casual footwear, is planning to set up a new manufacturing facility in Tamil Nadu. According to sources, the Taiwan-based footwear giant is in advanced stages of finalising the location for the unit, which is likely to attract an investment of over ₹500 crore. “It will be a mega project for sports shoe manufacturing,” the source told Founded in 1969, Pou Chen Group currently has manufacturing units and retailing sites in Taiwan, China, Indonesia, Vietnam, the United States, and Mexico. It caters to Nike, Adidas, Puma and several other global brands. “…
• United Colors of Benetton India partners with FM Logistic India to run its omnichannel warehousing operations
  19 Jan 2023, retail.economictimes.indiatimes.com
  “With this association, FM will deploy plug-and-play comprehensive supply chain and IT solutions for the brand’s overall operations. Additionally, UCB will be provided with value-added services like labelling, repackaging and manage returns & refurbishments.”…
• Indian toy brand Namasthe World inks distribution pact with Rowan’s, Hamley’s
  19 Jan 2023, retail.economictimes.indiatimes.com
  “Under the partnership, Namasthe World’s products will be available across Hamley’s stores and other sub-brands of Rowan’s both physically and digitally. The company has identified India, the USA, the UK, Europe, and UAE as its key markets. The pricing for the toys would range between Rs 500 to Rs 10,000.”…
• Shark Tank India 2: Pitchers amaze judges by showcasing drones for shopping malls
  19 Jan 2023, www.indiatvnews.com
  “Three young entrepreneurs — Oshi Kumari, Arth Chowdhary and Devyant Bhardwaj — have left the ‘Shark Tank 2’ judges in awe of their innovative business concept of making drones affordable to customers and introducing them in shopping malls.”…
• Mango triples India presence, launches menswear collection
  19 Jan 2023, fashionunited.in
  “European fashion group Mango has tripled its presence in India in the past two years, where the company has also launched its Mango Man collection.”…
• Marks & Spencer expands retail presence in India with store in Indore
  19 Jan 2023, fashionunited.in
  “The new store located at the Phoenix Citadel Mall with an area of 13,000 square feet will retail men’s, women’s, and children’s wear as well as accessories, lingerie, lifestyle goods, and beauty goods among other products. “…
• Will Budget 2023 fulfill what Indian retail sector needs?
  19 Jan 2023, www.livemint.com
  “The Indian retail market is expected to grow to USD 1.4 trillion by 2030, up from USD 0.80 trillion in 2020, due to factors such as urbanization and income growth. The retail sector has experienced one of its most challenging periods due to the pandemic crisis in 2020-21. This has shown that the sector is in need of a catalyst to revive.”…
• Dabur NewU Expands Offline Presence, Opens 6 Stores Pan India
  19 Jan 2023, www.indianretailer.com
  “Dabur NewU, a chain of beauty and lifestyle retail stores, announced the expansion of its retail footprint with the launch of six new exclusive stores, taking the NewU store network to over 100 outlets.”…
• Dabur NewU Expands Offline Presence, Opens 6 Stores Pan India
  19 Jan 2023, www.indianretailer.com
  “Dabur NewU, a chain of beauty and lifestyle retail stores, announced the expansion of its retail footprint with the launch of six new exclusive stores, taking the NewU store network to over 100 outlets.”…
• Tasva Expands Offline Presence, Opens First Store in Jaipur
  19 Jan 2023, www.indianretailer.com
  “Tasva has strengthened its retail presence with the launch of its first store in Jaipur. Located at Mirza Ismail Road, the store is Tasva’s 33rd franchise outlet in India, Tanveer Kaur, Business Development Manager – North India at Tasva announced in a LinkedIn post.Aditya Birla Fashion and Retail Ltd. (ABFRL) partnered with couturier Tarun Tahiliani to launch Tasva as a men’s ready-to-wear brand in December 2021 within a year of announcing its investment in Tahiliani’s eponymous brand. In October 2022, Tasva made its e-commerce marketplace debut with Myntra, until then it was retailed on its own website.As a part of ramping up its offline presence, Tasva launched more than five stores in December 2022 at different locations. The two brands have since developed and launched the brand Tasva.Followed by the launch of its first store at Malleshwaram, Bengaluru in December 2021, Tasva opened two more stores in the same month in Delhi and Mumbai. “…
• SNITCH Crosses 100 cr ARR within 2 years of Inception
  19 Jan 2023, www.indianretailer.com
  “Incepted to deliver a vibrant and stylized fashion experience to millennials, Snitch debuted to the D2C and e-commerce fashion industry with 30 products in 2022, and added 2500+ styles to its website by the end of 2022. The brand designed to offer limitless and experimental fashion witnesses soars in its annual revenue by 120 percent.Ready to experiment, the youth is exposed to international fashion trends, largely contributing to the rise in demand for limitless fashion. This D2C fashion brand achieved traction quickly under its exclusive collection, thereby raising consumers’ intent to purchase products online. In a short time, the brand has revolutionized the Indian fashion landscape making it convenient and affordable for its customers to stay in the league of world-class fashion trends.Snitch receives 95% of orders from its own website, snitch.co.in, signaling the tectonic shift in the e-commerce sector. Witnessing such a radical change in the adoption of limitless fashion, the brand now records 2000+ orders every day which has led Snitch to become one of the fashion brands to attain 100 crores in just 2 years. “…
• 4 speciality retailers with ‘Strong Buy’ & ‘Buy’ recommendations & upside potential of up to 37%
  19 Jan 2023,economictimes.indiatimes.com
  “The name retail would normally bring to mind a large store with hundreds of products being sold under one roof. While that is one form of retailing industry. In the last few years many specialty retailers have got listed in the market. Retailers with one line of product, could be just clothes, shoes, jewellery or any other single product. Those are coming in the limelight as their operating matrix tends to be different from large format retail “…
• 4 speciality retailers with ‘Strong Buy’ & ‘Buy’ recommendations & upside potential of up to 37%
  19 Jan 2023,economictimes.indiatimes.com
  “The name retail would normally bring to mind a large store with hundreds of products being sold under one roof. While that is one form of retailing industry. In the last few years many specialty retailers have got listed in the market. Retailers with one line of product, could be just clothes, shoes, jewellery or any other single product. Those are coming in the limelight as their operating matrix tends to be different from large format retail “…
• Happier Skincare Eyes to Foray into the Middle East
  19 Jan 2023,www.indianretailer.com
  “North India-based Happier Skincare is planning to foray into the Middle Eastern market with a focus on the United Arab Emirates and Saudi Arabia. The brand will take the e-commerce route to expansion. Established in 2022 and headquartered in Delhi NCR, the skincare brand offers clean, efficacious holistic beauty products that are made with superfood-based ingredients.Since its launch, the brand has focused on omnichannel distribution. “…
• ‘Namasthe World’ Launces in Indian Markets
  19 Jan 2023,www.indianretailer.com
  “In line with the government’s “Atmanirbhar Bharat Abhiyan”, Namasthe World, a newly formed children’s toy and gaming brand based out of Hyderabad has announced its launch promising to offer a holistic 360-degree experience in physical toys, digital content, edutainment centric games and casual games for kids. ‘ The ultimate aim is to provide a boost to homegrown toys and local artisans. Catering to a wide age group of 3+ years to 99+ years, Namasthe World aims to reach out to parents and children not only in India but diaspora audiences in USA, UK, Europe, and UAE. The pricing for the toys would range between Rs 500-10,000. The toys are already in production with a number of exclusive manufacturing partners and digital assets are being developed in partnership with top gaming companies. The toy industry is poised for great growth with a projected size of $2.73 billion by 2027 and growing at 12.6 percent CAGR. “…
• Clovia appoints Nikhil Gulati as Head of Brand Marketing
  19 Jan 2023,apparelresources.com
  “India’s premier D2C fashion, lingerie and personal care brand Clovia has appointed Nikhil Gulati as its Head of Brand Marketing.Having over 10 years of experience in senior business and marketing roles, Nikhil will be responsible for all the brand, social and content efforts across media and to grow awareness, recall and consideration of the brand.Nikhil holds an MBA degree from IBS Hyderabad and a PG certificate in Digital Marketing & Communication from MICA.His areas of expertise include brand strategy, media planning, marketing communications, digital marketing & data analytics. Prior to joining Clovia, Nikhil was heading Media Planning at CARS24 and was responsible for new user acquisition. He was instrumental in the launch of the brand’s campaign with MS Dhoni as well as his strategic partnership with the IPL team Sunrisers Hyderabad.On his appointment, Neha Kant, Founder & CRO, Clovia, said, “We are delighted to welcome Nikhil to the Clovia team. Under Nikhil’s leadership, Clovia aims to accelerate its efforts to engage with the audience through different mediums. Nikhil’s entrepreneurial experience will definitely serve as a strong asset in Clovia’s journey ahead. His expertise in consumer marketing and profound understanding of consumer behaviour will be crucial in establishing our marketing strategy and solidifying our position as the market leader in the direct-to-consumer sector.”Nikhil Gulati said, “I am excited to embark on this new and uniquely challenging journey with Clovia. What excited me the most was the interesting communications, which Clovia has built over the years. My aim is to further the brand’s vision to normalise conversations around women’s innerwear, a topic that has largely been a taboo till now. I hope to create richer and more engaging experiences that propel these conversations to the limelight and continue to engage with the customers in a way that reflects the ethos of Clovia.”It can be mentioned here that Reliance Retail Ventures has 89 per cent stake in the brand Clovia.Clovia ships almost 700,000 products a month and has a customer base of 3 million+ customers across online and offline in 2500+ cities.Shraddha Kapoor is the first brand ambassador of Clovia”…
• Stella Moto to Expand Retail Footprint in India
  19 Jan 2023,www.energetica-india.net
  “Stella Moto (by Jaidka Group) announced its plans to expand its retail footprint in India to capitalize on the electric scooter boom.The Company will focus on scaling up operations within Tier-1 cities like Karnataka, Maharashtra, Telangana, Andhra Pradesh and Delhi while aggressively expanding their presence in micro Tier-2 and Tier-3 markets.The company targets the expansion of its dealership network reach. The brand also plans to target sub-dealers apart from the primary dealers while expanding its footprints. To attract dealers, Stella Moto has simplified the application process and taken the entire procedure online. Simultaneously, it has also launched its partner program, that will provide training, certifications and marketing to its business partners, helping them set up a successful electric scooter business. To support this further, Stella is also assuring adequate dealership margins to ensure viability for its dealer network.Commenting on the rapid expansion & growth, Nakul Jaidka –CEO & Founder Stella Moto said, “Stella Moto’s network presence is strategically expanding, which is a testimony to the encouraging response received from our customers and dealer partners. Today, Stella, in a very short period, has already established intensive sales & post-sales network, which has built a strong sense of confidence among its customers across the country. An increasing network presence will help us address demand across segments and strengthen customers’ trust in our brand.” Stella Moto has recently announced its RTO-approved electric Scooter Buzz. The Company shall further launch it’s delivery two wheeler model shortly in the coming months, targeted to redefine the delivery space.The Group company, Jaidka, a long-standing pioneer in the automobile business for over 80 years, has two manufacturing units at Howrah, West Bengal and Hosur, Tamil Nadu, with manufacturing capabilities of 20,000 vehicles per annum.It aims to expand its Manufacturing set-up further to 100,000 units. The Company plans to achieve 100% localization by 2024. “…
• Third Wave Coffee Expands Presence in Bengaluru, Opens 43rd Store
  19 Jan 2023,www.indianretailer.com
  “Third Wave Coffee (TWC), manufacturer and distributor of easy coffee bags, has launched a new outlet at Sahakarnagar, Bengaluru, announced Sripad Rao, Business Development South India, Third Wave Coffee in a LinkedIn post. The newly opened store is the brand’s 43rd outlet in Bengaluru and 87th in the country.Bengaluru-based Third Wave Coffee is founded by Sushant Goel, Ayush Bathwal, and Anirudh Sharma in 2016. The coffee brand is run by Heisetasse Beverages Private Ltd., an Indian company that has cafes across different Indian cities namely Hyderabad, Coonoor, Bengaluru, Delhi, Mumbai, Chandigarh, and Pune. The name Third Wave Coffee takes its inspiration from the “Third Wave Movement” that began in the US during the 1990s. It was a movement that changed how coffee was brewed by focusing on high-quality and single-origin beans.TWC offers a blend of Arabica coffee and beans sourced from 14 different estates in North Karnataka that are brewed at its own fully equipped center. The brand also offers several specially crafted blends.In November 2021, the QSR startup launched its flagship store in Delhi at the hip M-block market in Greater Kailash II. In June 2022, it opened another flagship store in Bengaluru, at Lavelle Road.The coffee quick-service brand has raised $6 million in a series A funding round in 2021 and the brand used funds for a pan-India expansion. Within the span of two years, TWC has opened more than 60 outlets across India. “…
• Earth Rhythm Expands Make-Up Portfolio
  19 Jan 2023,www.indianretailer.com
  “India’s leading home-grown smart and safe skincare brand, Earth Rhythm has expanded its make-up category with the launch of its Matte Set Go Hydrating Face Foundation in 14 shades, a rarity for start-up beauty brands (Priced at Rs 695) and 13 shades of Airy Weary Lip Mousse (Priced at Rs 615) – two multifaceted products that promise the consumer ‘Skincare in Makeup’. India’s online cosmetics and personal care market has grown dramatically in recent years due to extensive e-commerce usage. According to a recent Euromonitor International Study, the Indian beauty and personal care market is the ninth largest in the world with a $15 billion overall market value and a 10 percent annual growth rate. The market is anticipated to double by 2030, with skincare and cosmetics driving the increase.Earth Rhythm’s expansion of its beauty segment is in line with its brand’s ethos of creating safe skincare and now safe ‘Skincare in Makeup’ products that are enriched with essentials that protect and nourish the skin.The new beauty products by Earth Rhythm will be exclusively available online at Nykaa’s website for the first month. The products will also be accessible in the second and third months on Earth Rhythm’s own website, mobile application, and at the company’s physical kiosks. Consumers will be able to purchase the products starting in the fourth month on popular online marketplaces like Amazon, Flipkart, Purplle, and others. While the Matte Set Go Hydrating Face Fluid and the Airy Weary Lip Mousse will be part of the initial launch, the brand will be coming up with a strobe cream as well in the future. Launched in 2019, Earth Rhythm has grown by over 500 percent between FY21-22 and is targeting a Rs 90 to 100 crore ARR for FY 2022-23. The brand is prepared to launch 70+ kiosks in India and international markets (the Middle East and the US) over the course of the year.
  “…
• OBEETEE CARPETS Opens Flagship Store in Hyderabad
  19 Jan 2023,www.indianretailer.com
  “OBEETEE CARPETS, a world-renowned leader in the handwoven carpet industry, has opened its new flagship store in the prime location of Jubilee Hills, Hyderabad, which features the brand’s most exquisite designs. The legendary carpet brand with its latest store has set a new record for providing its customers with a luxurious experience. Driven by excellence and quality craftsmanship, the store gives everyone a glimpse of the magnificent artistry of their rugs through the wide array of collections available at the Hyderabad store. Designed by Design 21, the store has been planned in accordance with a ‘level to level’ setting with the goal to exude charm like none other. The store is multilevel in nature and highlights the intricacy and quality that the carpets represent while providing a perfect backdrop for OBEETEE CARPET’s rich collection of carpets and their craftsmanship. Apart from its rich legacy in the carpet industry, the brand is also well-known for its finest teas and hospitality.”…
• Pilgrim Onboards Konark Gaur as CMO
  19 Jan 2023,www.indianretailer.com
  “Pilgrim has announced the appointment of Konark Gaur as Chief Marketing Officer. Konark, ex-Business Head at Marico Limited, brings almost two decades of experience in effectively building successful businesses in India and global markets. His expertise in scaling up businesses from the ground up will bolster Pilgrim’s journey to be a strong player in the Personal Care space. With Pilgrim eyeing 3x the current run rate in 2023, Konark will closely lead the marketing efforts in introducing new categories in the beauty and personal care ranges. Konark’s striding career spans over 18 years having built strategy and innovation for leading Indian and Global consumer brands for blue chip FMCG companies. Prior to increasing the food footprint of Marico as their Business Head, he worked with Sebamed as the Chief Marketing Officer and led the brand to achieve 3X growth in a short span of time. Pilgrim further aims to accelerate its momentum this year from 2022. In 2022, the brand onboarded Kalki Koechlin as the brand ambassador for their France-based Vinotherapie range. Furthermore, they entered two new categories in the personal care range—lip care and body care and have introduced three new international ranges from Spain, Australia, and the Amazon Rain Forest. .”…
• Hindware and Groupe Atlantic’s JV begins production of heating appliances at ₹210-cr worth plant
  18 Jan 2023, retail.economictimes.indiatimes.com
  ITC will acquire 100 per cent of Yoga Bar’s parent company Sproutlife Foods Private Limited (SFPL) over a period of 3 to 4 years. The company said that it will acquire 47.5 per cent stake in SFPL, in tranches, by March 31, 2025. ITC will Invest Rs 175 crore for the acquisition of 39.4 per cent stake, which is to be completed by February 15, 2023, and will further infuse Rs 80 crore for the remaining of 47.5 per cent stake, by March 31, 2025, it said in a BSE exchange filling…
• Lottee to invest Rs 450 cr in Havmor Ice Cream in 5 yrs; to boost manufacturing capacity
  18 Jan 2023, retail.economictimes.indiatimes.com
  Lotte Confectionary, which acquired Havmor Ice Cream for Rs 1,000 crore in December 2017, has positioned the home-grown brand in the mass affordable segment…
• Britannia watching Reliance’s FMCG strides very closely, says Varun Berry
  18 Jan 2023, retail.economictimes.indiatimes.com
  In his first interview since succeeding group promoter Nusli Wadia in October last year who is now chairman emeritus of the group, Berry said: “Reliance has very deep pockets, so we’ll have to watch out. We’ll have to treat this as a very, very dynamic and a very quick changing scenario and make sure we match our steps.”…
• Malls, brands at loggerheads over rent hikes
  18 Jan 2023, retail.economictimes.indiatimes.com
  While discussions have started, industry insiders said large retailers are opposing the move given the number of stores they operate. Malls typically sign nine year agreements with the retailers with a rental hike of 15% every three year. But by increasing the rent 5% each year, retailers will have to shell out about 17% in lease cost in three years.”…
• Xiaomi India’s Sumit Sonal resigns
  18 Jan 2023, retail.economictimes.indiatimes.com
  Sonal announced his resignation in a LinkedIn post, stating “it’s time for me to move on to new adventures, challenges, and opportunities.” Sonal joined Xiaomi India in 2017 and was a familiar face at the company’s launch events.”…
• LG invests Rs 200 crore to start premium refrigerator production in India
  18 Jan 2023, retail.economictimes.indiatimes.com
  Hong Ju Jeon, managing director of LG Electronics India said, localization has been a key differentiator as we have continuously developed products based on Indian insights. “Last year we started manufacturing window inverter AC in India at our Noida manufacturing facility, this year we are starting side by side refrigerator production,” he said.”…
• Surge in prices hits gold jewellery sale in 2023’s first wedding season
  18 Jan 2023, retail.economictimes.indiatimes.com
  Gold prices in the international market have seen a rally in the past couple of months. Gold price (22 karat) in Kolkata market increased from Rs 52,680 per 10 gm on December 16, 2022 to Rs 55,700 on Monday. While the city jewellers were hopeful of bullish sales this year given a more- than-expected response from buyers during Dhanteras and Diwali, gold prices increased steadily after that. On October 20, last year the gold price in the city market (22 karat) was Rs 48,885 per 10 gm.”…
• D2C brand WOW Skin Science joins ONDC network
  18 Jan 2023, retail.economictimes.indiatimes.com
  Through this partnership, WOW Skin Science will be open to buyers from all ONDC seller apps, thus helping the personal care brand expand its presence. The ONDC network is currently live in 85 cities across the country.”…
• Reduce import duty to curb gold smuggling: Malabar Group Chairman MP Ahammed
  18 Jan 2023, retail.economictimes.indiatimes.com
  India needs a robust gold policy which will rationalise gold import duty to curb gold smuggling, boost exports of gems and jewellery and empower organised jewellery retail to capture the domestic gold jewellery demand spectrum with ethically sourced gold, says M.P. Ahammed, founder and chairman, Malabar Gold & Diamonds, in an exclusive interview.”…
• Coffee firm Blue Tokai has $30 million in new raise
  18 Jan 2023, retail.economictimes.indiatimes.com
  The Gurugram-based company’s latest capital raise comes on the back of other new age specialty coffee firms also drawing increased consumer and investor interest.”…
• Consumer goods firms step up packaged foods play as demand rises after covid-19
  18 Jan 2023, www.livemint.com
  Packaged food launches are picking up as large consumer goods companies try to capitalize on the rising demand for ready-to-cook meals, snacks, edible oils, pulses and juices amid a shift in consumer preference from unbranded to branded products since the outbreak of the pandemic. “…
• Ocado Retail’s profit squeezed as even wealthy Britons cut back
  18 Jan 2023, retail.economictimes.indiatimes.com
  The business, a 50/50 joint venture between Ocado Group and Marks & Spencer, said on Tuesday its customers were cutting back on the number of items they buy and shopping less frequently, with rivals highlighting that more people are also choosing to buy in store rather than online.”…
• 70% growth in 5G smartphones shipments in 2023: CMR
  18 Jan 2023, retail.economictimes.indiatimes.com
  5G smartphones are expected to capture a potential 45% share of the market in CY2023 from a mere 4% in CY2020. The research firm said after around 100 5G smartphones were launched in the market in 2022, close to 75% of the new smartphones launching this year will be 5G supported.”…
• ‘Luxury brands will leverage connected TVs’
  18 Jan 2023, www.livemint.com
  Connected television penetration in India is likely to grow at a staggering pace over the next two years from 20-22 million units which accounts for about 10% of TV homes to around 50 million by 2025, with urban India witnessing maximum growth, GroupM-owned Wavemaker India, a marketing firm, said in its report, Spotlight23.”…
• Is Indian Retail Market Ready For Another Covid Wave?’
  18 Jan 2023, www.businessworld.in
  According to the Retailer Association of India (RAI), sales in India fell by 79 per cent during the pandemic compared to pre-pandemic levels. With a new variant of Covid already making its entry, it becomes critical for the retail industry to be ready for the impact of the pandemic”…
• Dabur NewU Expands Offline Presence, Opens 6 Stores Pan India’
  18 Jan 2023, www.indianretailer.com
  Dabur NewU, a chain of beauty and lifestyle retail stores, announced the expansion of its retail footprint with the launch of six new exclusive stores, taking the NewU store network to over 100 outlets.”…
• Marks & Spencer expands retail presence in India with store in Indore’
  18 Jan 2023, in.fashionnetwork.com
  The new store located at the Phoenix Citadel Mall with an area of 13,000 square feet will retail men’s, women’s, and children’s wear as well as accessories, lingerie, lifestyle goods, and beauty goods among other products. M&S sees huge potential for growth in the Indian market and has plans to ramp up stores in India by opening a store every month.Commenting on the store launch, Ritesh Mishra, managing director at Marks & Spencer Reliance India Ltd, in a statement said, “Customers in Indore have shown us a lot of love, and we are thrilled to open our second store in the city today. Indore has an appetite for fashion, seeking the quality and style that M&S provides its customers.””…
• Da Milano Expands Offline Presence, Opens 7 New Stores’
  18 Jan 2023,www.indianretailer.com
  Da Milano, renowned for its authentic Italian design and artisanship, is thrilled to announce the launch of 7 new stores in India within one month. Having 6 stores in UAE – 5 in Dubai, and 1 in Sharjah, Da Milano is elated to bring its international presence to the forefront. The brand also houses 1 store in Bahrain and 1 in Nepal, enshrining its founding ethos of style, inclusivity, and rich grandeur. Founded in 1989, the brand is endowed to have an eye for design, a professional team, and good channel facility partners- all of which have helped the brand expand beyond borders among its ever-growing clientele. Today with over 80 stores across India, in all major metropolitan cities, the brand has established itself as the one-stop solution for quality leather products across the nation. Understanding the demand for designer articles and overall aesthetics in the Indian market, Sahil Malik has built a brand that competes with none and is at par with leading International brands. Reflecting this tremendous journey of evolutionary growth and luxurious splendor, each store reflects the values and ethos of the iconic brand. “…
• Ethnix expecting to have 150 stores by FY ’24’
  18 Jan 2023,apparelresources.com
  India’s leading fashion and textile company Raymond has big plans for big fat Indian weddings.It is geared up to capture a higher share of the wedding market and to leverage its brand and distribution network.As per media reports, in last one-and-a-half years, the company has rolled out 45 stores of Ethnix which is its ethnicwear brand and the store count can increase to 80 by the end of FY ’23 and 150 by the end of FY ’24.Apart from this, Raymond also has an existing network of 1500 stores, some of which will also be selling ethnicwear products.Amit Agarwal, Group CFO, Raymond said, “We have renewed focus on the wedding segment. We understand this market well since we have been catering to these customers for so many years.”Wedding season is one of the most important focus areas for majority of Indian retailers and brands.As per a report, India’s wedding market size for the months of November and December was estimated to be Rs. 3.8 lakh crore, of which branded apparel formed Rs. 50,000 crore.”…
• Ethnix expecting to have 150 stores by FY ’24’
  18 Jan 2023,www.indianretailer.com
  EcoSoul Home, one of the leading global players in the eco-friendly home products industry, is all set to introduce the brand in India. The company is launching all of its global SKUs in India, including cutlery, garbage bags, and tableware made of palm leaf and bagasse, along with PLA-based items including tableware and trash bags, whereas concentrating on meeting the local demands of Indians.”…
• Zlade Partners with BIC, Launches Shaving Razors in India
  18 Jan 2023,www.indianretailer.com
  Zlade, a home-growndigitally native, omnichannel personal care brand that has been on a rapid rise in this industry, has inked an exclusive partnership with BIC, a leading manufacturer of shavers and razor blades to introduce a complete portfolio of men’s and women’s shaving razors to India. With over 75 years of experience in the industry, BICas an industry veteran will lend its manufacturing expertise to Zlade in a bid to offer superior quality smart shaving solutions.”…
• Sugar Cosmetics Appoints Nirav Jagad as Chief People Officer
  18 Jan 2023,www.indianretailer.com
  Beauty brand Sugar Cosmetics has brought on board Nirav Jagad as its chief people officer to oversee all aspects of talent and culture initiatives, said a statement issued. In this role, Jagad will drive strategic and transformational results while working closely with the leadership of the company and its diverse cross-functional team across India. “…
• Hindware and Groupe Atlantic’s JV begins production of heating appliances at ₹210-cr worth plant
  17 Jan 2023, thehindubusinessline.com​​
  The JV would sell 70% of the heating appliances in India with the remaining 30% going to SAARC and other markets served by Groupe Atlantic…
• Raymond has big plans for big fat Indian weddings
  17 Jan 2023, retail.economictimes.indiatimes.com​​
  Raymond has seen a strong recovery post Covid. It also entered the real estate business using its land parcel in Thane and has started other joint development projects in Mumbai. These projects have a net positive cash flow thanks to land ownership and delivery before schedule…
• Activewear brand Zymrat starts a community-led fundraising initiative
  17 Jan 2023, apparelresources.com​​
  Zymrat – a promising Indian activewear brand for men – has launched Community Subscription Offer Plan (CSOP) in partnership with Tyke which is a firm that provides tools for making private investing digital and accessible…
• Flatheads launches limited edition collection of fibre-based sneakers
  17 Jan 2023, apparelresources.com​​
  Flatheads – a homegrown D2C brand of apparel and fibre-based sneakers – has launched a limited-edition collection of sneakers made up of synthetic knit fibre…
• Vishal Bhola, MD of Whirlpool of India Resigns
  17 Jan 2023, indianretailer.com​​
  Whirlpool of India said its managing director Vishal Bhola has resigned from the post. The company has appointed Narasimhan Eswar as Managing Director (MD) and Additional Director…
• EcoSoul Home Forays into Indian Markets
  17 Jan 2023, indianretailer.com​​
  EcoSoul Home, one of the leading global players in the eco-friendly home products industry, is all set to introduce the brand in India. The company is launching all of its global SKUs in India, including cutlery, garbage bags, and tableware made of palm leaf and bagasse, along with PLA-based items including tableware and trash bags, whereas concentrating on meeting the local demands of Indians…
• DaIndian Retail Jewellery Industry Gears Up For A Populist Budget Providing Shelter From Global Recession
  17 Jan 2023, indianretailer.com​​
  The Indian gem and jewelry industry is treating 2023 as a panorama of seamless opportunities. Technology and trends enrolled precious color gemstones into the Gen-Z fashion sense in 2021 and 2022. Lab-grown diamonds, treated to be an onslaught on the global natural diamonds business, is now making its presence known to a fairly informed customer cohort, who inclines to LGDs for pleasure, and natural diamonds for long-lasting investment value. Therefore, all eyes are on February 1 for the Union Budget 2023-24, as jewelers across the country expect clarity and SOPs to better serve the end-consumer…
• Da Milano Expands Offline Presence, Opens 7 New Stores
  17 Jan 2023, indianretailer.com​​
  Da Milano, renowned for its authentic Italian design and artisanship, is thrilled to announce the launch of 7 new stores in India within one month. These stores will be located in Indore, Amritsar, Goa, Lucknow, Ahmedabad, Hyderabad, and Pune, expanding the brand’s presence across the country. The company is proud to continue growing its family with each new endeavor…
• Asics plans to manufacture 30% of goods for local retail in India by 2026
  17 Jan 2023, in.fashionnetwork.com​​
  Japanese sportswear brand Asics plans to increase the amount of products it manufactures in India for retailing in the country to reach 30% of its total products for the Indian market. This would enable the business to open company-owned stores in the country…
• The Coca-Cola Company’s Costa Coffee Expands Footprint in India; Celebrates Its 100th Store Milestone
  17 Jan 2023, businesswireindia.com​​
  Commemorating the remarkable journey in the country, Costa Coffee, Coca-Cola’s leading coffee brand in the commercial beverage categories in India, celebrates its 100th store milestone at Khan Market in New Delhi, inaugurated in December 2022. In partnership with Devyani International Limited [DIL], Costa Coffee has emerged as one of the most loved coffee brands in India, with a strong retail presence across 30 cities…
• Mason offers an all-in-one sales engine to help online retailers break free from the Amazon tax
  17 Jan 2023, retail.economictimes.indiatimes.com​​
  Fashion & apparel, beauty & grooming, health & fitness, and F&B are the most common categories – other categories such as pets, baby care, and home are also coming on board…
• Dabur expands its beauty retail chain NewU
  17 Jan 2023, livemint.com​​
  Dabur India’s beauty and personal care retail chain NewU, on Monday announced the launch of six new stores taking its total store count to over 100 outlets…
• India plans cheaper finance, easier rules for small retailers
  17 Jan 2023, retail.economictimes.indiatimes.com​​
  The proposal, which could be announced next month in the last full budget before the 2024 general election, aims to revive growth in the smaller physical retail sector which has been hit by the entry of companies such as Amazon, Flipkart, Tata Group-backed BigBasket and Reliance Industries…
• Spencer’s Retail enters hypermarket format
  17 Jan 2023, retail.economictimes.indiatimes.com​​
  “Spencer’s Value Market is a new-age hypermarket serving modern, well-informed and value-conscious customers. Value Market is all set to launch at six locations, namely, Karimnagar, Warangal, Kurnool, Guntur, Bhimavaram & Vijayanagaram between January 16-23,” Group’s Head- Retail & FMCG, Shashwat Goenka said…
• Demand for financing schemes set to surge as smartphones get costlier
  16 Jan 2023, retail.economictimes.indiatimes.com​​
  Smartphone financing schemes are set to see a surge with 60-70% of the devices likely to be bought via instalment-based financing plans as average smartphone prices (ASP) are slated to rise in 2023, market trackers and industry executives said…
• Swiggy rolls out ambulance service for delivery partners
  16 Jan 2023, retail.economictimes.indiatimes.com​​
  Delivery partners can reach the ambulance service instantly by tapping the SOS button on the partner app or through a toll-free number. The current average response time is 12 minutes…
• Business confidence hit 2-year high in October-December
  16 Jan 2023, retail.economictimes.indiatimes.com​​
  “The confidence among respondents stems from the fact that a significant majority of them (86%) believe that the government’s focus on infrastructure is the biggest positive for the Indian economy, followed by the improvement in tax collections and good consumption recovery,” CII said…
• Six companies add $1 billion of masala to topline in FY22
  16 Jan 2023, retail.economictimes.indiatimes.com​​
  The revenues of Everest, MDH, Catch and Shubham Goldiee expanded between 18% and 35%, though Eastern Condiments and Aachi recorded a marginal drop in sales. Overall, combined sales of the six companies were at ₹8,711 crore ($1.07 billion) in the fiscal ended March 2022…
• Curefoods expects to be profitable by June 2023; aiming to manage 75k orders a day by end of this year
  16 Jan 2023, retail.economictimes.indiatimes.com​​
  Speaking on the online food ordering market, Nagori said it is growing rapidly. He believes the food delivery market will quadruple over the next five years. And it will reach 8-9 million orders a day from the current 3 million figure as the market continues to become more organized. So, he expects the company’s business will continue to grow at about 75 per cent compound annual growth rate (CAGR) for the next 3 years…
• Three great wines with an Indian connection at Mumbai’s Les Bouchons
  15 Jan 2023, theprint.in​​
  What did India’s loaded set drink during the pandemic? It is said that they sipped a lot of premium tequila and high-end whiskies. Mumbai-based wine importer Sanjay Menon, who has been in the business for over 20 years, adds that they also quaffed some really good wines…
• American entrepreneur opens start-up in Kashmir
  15 Jan 2023, theprint.in​​
  Srinagar (Jammu and Kashmir) [India], January 15 (ANI): The Kashmir Valley is emerging as a hot spot for budding entrepreneurs, especially from foreign countries…
• India’s wedding season is here, but for many it’s no longer the bigger, the better
  15 Jan 2023, cnbc.com​​
  Indian weddings are big business. But some of them may not be quite so big this year as they once would have been…
• TRENDS, Announced The Launch Of Its New Store In Niali Town Of Cuttack District In Odisha
  15 Jan 2023, orissadiary.com​​
  India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in Niali town of Cuttack district in Odisha…
• India’s big retail boom all set to be a premium experience this year
  15 Jan 2023, financialexpress.com​​
  Indian consumers with a taste for the good life have much to look forward to this year, as several high-end lifestyle brands are set to enter or expand in the Indian market. From apparel to accessories, food to beverage, premium is the key word on the retail horizon. And, both e-commerce and offline players are readying for a slice of the pie…
• LG Electronics India is betting big on B2B segment
  14 Jan 2023, thehindubusinessline.com​​
  LG Electronics India expects the fast-growing B2B segment to contribute nearly 25 per cent to its overall revenues by 2025…
• D-Mart Q3 Results: PAT rises 7% YoY to Rs 590 cr; misses estimates sharply
  14 Jan 2023, retail.economictimes.indiatimes.com​​
  Avenue Supermarts Ltd on Saturday reported a 6.7% year-on-year (YoY) rise in consolidated net profit for the quarter ended December to Rs 590 crore. The bottomline was way below the estimated figure of Rs 672 crore…
• The untold story of Varun Beverages
  14 Jan 2023, business-standard.com​​
  In today’s Finshots Markets, we explain how Pepsi’s bottling partner is blitzing the market…
• 10 ways retailers trick you into buying way beyond your planned shopping
  14 Jan 2023, business-standard.com​​
  Sneaky product placements, price baits and bundling are some ruses to get you to pick up stuff only because it looked like a great deal; you may not even end up using much of it…
• Consumer Price Index. Rural retail inflation in 23 States/UTs higher than urban
  14 Jan 2023, thehindubusinessline.com​​
  Retail inflation, based on the Consumer Price Index for the month of December, was the the highest in two north-eastern States. While Mizoram clocked the highest rate of retail inflation at 13.94 per cent, Tripura saw the maximum urban inflation at 10.43 per cent…
• Japan’s ASICS plans to use India as global sourcing hub
  14 Jan 2023, retail.economictimes.indiatimes.com​​
  ASICS Corp entered India in 2015 through its subsidiary ASICS India and currently manufactures about 22% of its products in India. Under the foreign direct investment (FDI) guidelines, it cannot open company-owned stores till it manufactures 30% of the products in India. The company plans to promote the running culture in India and it is open to acquisition of a firm which promotes running, said Hirota…
• Whirlpool of India MD Vishal Bhola resigns
  14 Jan 2023, retail.economictimes.indiatimes.com​​
  Narasimhan Eswar joins Whirlpool of India from Ki Mobility Solutions, where he is currently holding the position of CEO and President, according to a regulatory filing…
• WOW Life Science Launches Peanut Butter Infused with Superfoods
  13 Jan 2023, indianretailer.com​​
  The Peanut Butter category has seen rapid growth in the past 3 years, and along with this growth, many D2C brands have innovated and given consumers great choices of the same. Leading FMCG and wellness brand, WOW Life Science has launched its new peanut butter range, with a twist…
• MRPL to open 500 retail outlets by 2025
  13 Jan 2023, thehindu.com​​
  The MRPL is set to expand its retail fuel outlets in South India to have 500 outlets by 2025, MRPL Executive Director (Marketing and Projects) B.H.V. Prasad said here on Friday…
• MonaB Forays into Indian Markets
  13 Jan 2023, indianretailer.com​​
  USA-based lifestyle brand MonaB has made an online entry into the Indian market through its website and major marketplaces like Amazon, Myntra, Ajio, Tata CLiQ, and Jaypore…
• Tech Mahindra partners with Retalon to offer digital solutions for retail, consumer packaged goods industry
  13 Jan 2023, brandequity.economictimes.indiatimes.com​​
  Tech Mahindra and Retalon will offer a unified analytic platform that will assist businesses with end-to-end planning, inventory management, supply chain network strategy, pricing and promotion optimisation. This platform will also offer an integrated solution to make better inventory & fulfilment decisions. The companies claim that this platform will help in improving gross margins from 9-12% annually…
• The rising face of India’s e-commerce industry, and retail trends to watch for in 2023
  13 Jan 2023, cnbctv18.com​​
  The breakthrough made by India’s e-commerce industry seems to be playing a vital role, leading Indian brands to scale greater heights across the global business landscape…
• Rise Of Tier-2 Cities Fuelling The Growth Of The Facility Management Industry
  13 Jan 2023, outlookindia.com​​
  India has emerged as the world’s fifth-largest global destination in the retail space and is expected to reach a whopping US$ 2 trillion in value by 2032, according to a recent analysis by the Boston Consulting Group…
• Many more malls on the horizon for Hyderabad
  13 Jan 2023, newindianexpress.com​​
  Hyderabad, which is witnessing strong demand for commercial real estate, is set to get more malls in the near future as realtors see a bright future for a business in multiplexes along with retail space in the coming days…
• History and significance of ‘mall roads’ in India
  13 Jan 2023, wionews.com​​
  A Mall road may be found in every hill town in India, whether it be Manali, Shimla, or Nainital. But we never considered the origin of the name “Mall Road” for these hip gathering spots…
• Tesco braces for post-Christmas hangover with more deals
  13 Jan 2023, retail.economictimes.indiatimes.com​​
  For Tesco that led to a better-than-expected 4.3% rise in underlying UK sales in the quarter to Nov. 26, and a 7.2% rise in the six weeks to Jan. 7, making it one of the sector’s stronger performers, along with rival Sainsbury’s and discounters Aldi and Lidl…
• Sula Vineyards garners highest ever quarterly sales in Q3. Details here
  13 Jan 2023, retail.economictimes.indiatimes.com​​
  The largest wine producer in the country, Sula Vineyards on Friday announced December 2022 quarterly sales figures. In Q3, Sula recorded the highest-ever quarterly gross billings overall in both its own brands and wine tourism business…
• Sneak peek of gifting in India: Importance of exchange availability
  13 Jan 2023, retail.economictimes.indiatimes.com​​
  Ecommerce platforms have been trying to figure out the gifting problem for quite some time. Especially in a market like India where customers have a hard time trusting online platforms, the gifting experience can have a significant impact on customer perception…
• India Inc largely optimistic about GDP growing over 6.5%: Survey
  13 Jan 2023, retail.economictimes.indiatimes.com​​
  The survey said business leaders, who are chief experience officers (CXOs), in India are confident that Budget 2023-24 will help fuel economic growth across sectors and industries, amid a potential global slowdown and geopolitical instability…
• As winter peaks, online fashion sales jump over 16%; footwear and accessories report highest growth
  13 Jan 2023, retail.economictimes.indiatimes.com​​
  The growth in fashion accessories has been driven by the rising consumer interest in products such as perfumes, watches, belts, hats, jewellery, and hair accessories among others…
• The question of long-lasting sustainability in q-commerce
  13 Jan 2023, retail.economictimes.indiatimes.com​​
  The only way the Q-commerce players can make money is through the bigger basket or earning more margin than these players. Increasing the minimum order value eligible for free delivery is the first logical step for Q-commerce players to make their operations sustainable. The Q-commerce players can hope that the Indian customers will move some of the weekly top-ups, which are of larger basket size than daily fresh purchases and impulse cravings, to Q-commerce players, thus increasing the basket size…
• B2B FMCG wholesale startup ApnaKlub raises $16 million in funding
  13 Jan 2023, retail.economictimes.indiatimes.com​​
  TrueScale Capital, ICMG Partners lead round. ApnaKlub will use the money to improve its technology and sell its services to more kirana store owners in tier-2 and tier-3 cities…
• How Global Expansion is on the Cards for Wakao Foods
  13 Jan 2023, indianretailer.com​​
  Launched in October 2020 as a D2C brand, Wakao Foods is currently present on platforms such as Amazon, Flipkart, BigBasket, and CRED. The company also sells pan-India through its website, and counts Hilton, Oberoi, The Grand Hyatt, Marriott, and Radisson among its clients in the B2B space…
• WickedGud Expands Product Portfolio, Launches Instant Noodles
  13 Jan 2023, indianretailer.com​​
  WickedGud, a D2C health food brand, recently launched instant noodles that are made with the goodness of oats, lentils, whole wheat, millets, and brown rice making them 100 percent maida-free, 100 percent oil-free, and 100 percent free of any harmful chemicals as compared to incumbents…
• Long queue lines, brimming malls sum up festive spirit
  13 Jan 2023, thehansindia.com​​
  Long queue lines at the billing counters, the trial rooms to the brim, moms on their toes assisting their children to pick up the right attire, dads eagerly wait to wrap up the shopping and clear the bills that pile up with each passing moment…
• India iPhone breakthrough masks struggle to boost manufacturing
  13 Jan 2023, livemint.com​​
  On paper, India’s chances of attracting global manufacturers look rosy. Apple Inc. began assembling its latest iPhone models in the South Asian nation in a significant break from its practice of reserving much of that for giant Chinese factories run by its main Taiwanese assemblers, a key win for Prime Minister Narendra Modi’s “Make in India” campaign…
• Goat Brand Labs acquires Chumbak, four other brands as D2C sector sees consolidation set in
  13 Jan 2023, retail.economictimes.indiatimes.com​​
  Deal another fire sale in D2C space, investors Gaja Capital, Matrix Partners exit as part of acquisition…
• D2C startup Wakefit raises $40 million in funding led by Investcorp
  13 Jan 2023, retail.economictimes.indiatimes.com​​
  Existing investors Sequoia Capital India, Verlinvest and SIG also participated in the funding round…
• OnePlus plans fresh investments to ramp up India manufacturing
  13 Jan 2023, retail.economictimes.indiatimes.com​​
  At present, OnePlus makes flagship devices in India along with mid-premium smartphones and smart TVs. It has already expanded into IT peripherals with the launch of monitors and will also launch keyboards soon…
• ITC Engage Unveils One Soul, its First Ever Gender-free Fragrance
  12 Jan 2023, indianretailer.com​​
  ITC Engage, one of India’s leading fragrance brands, strengthened its premium portfolio by introducing its first gender-free fragrance – One Soul. With the launch of this one-of-a-kind, gender-free fragrance, the brand aims to transcend gender boundaries to celebrate inclusive grooming…
• Bernard Arnault Appoints Daughter Delphine to Run Dior
  12 Jan 2023, indianretailer.com​​
  World’s richest man Bernard Arnault appointed his daughter Delphine to run Christian Dior, the second-biggest brand in his LVMH luxury goods empire…
• Flipkart Opens Largest Grocery Fulfillment Center in UP
  12 Jan 2023, indianretailer.com​​
  Flipkart, India’s homegrown e-commerce marketplace, launched its third and largest grocery fulfillment center in Sarai Joga of Unnao district, Uttar Pradesh. The facility was inaugurated by Sh. Nand Gopal Nandi, Minister of Industries Export Promotion and NRI, Government of Uttar Pradesh…
• Ace Turtle appoints CFO and CTO
  12 Jan 2023, indianretailer.com​​
  Bengaluru-based leading technology-driven retail company ace turtle has strengthened its senior management team as it has hired Amit Kriplani as Chief Technology Officer (CTO) and Punit Aggarwal as Chief Financial Officer (CFO)…
• Shopsy Becomes the Third Most Downloaded App in India in 2022
  12 Jan 2023, indianretailer.com​​
  Shopsy, one of Bharat’s fastest-growing hyper-value e-commerce platforms, has emerged as the third most downloaded Android app in India in 2022. Shopsy has clocked more than 650 percent year-on-year growth according to Sensor Tower, a leading market intelligence and performance metrics evaluation platform…
• Nona Lifestyle Appoints Shivang Agrawal as its Tech Lead
  12 Jan 2023, indianretailer.com​​
  Nona Lifestyle, the first organized B2B-managed marketplace offering customized corporate merchandise and soft furnishing, announced that the company onboarded Shivang Agrawal as its Tech Lead to strengthen the team…
• Only 60 pc Indians Feel That Their Home Reflects Their Identity
  12 Jan 2023, indianretailer.com​​
  Home is an extension of one’s identity however, currently, only 60 percent of people feel that their home reflects their identity. While 64 percent of people are worried about personal health and well-being in India, this number constitutes 48 percent globally…
• BigBasket’s Move to Enter into Offline Retail to Widen its Customer Base in India
  12 Jan 2023, indianretailer.com​​
  Tata Group-owned BigBasket, an online grocery platform recently forayed into offline retail to expand its retail footprint in India…
• Sandwich chain Subway eyes sale- source
  12 Jan 2023, retail.economictimes.indiatimes.com​​
  The sale could value the sandwich chain at more than $10 billion, the Wall Street Journal first reported…
• Uniqlo parent Fast Retailing says profit slid 2% in first quarter
  12 Jan 2023, retail.economictimes.indiatimes.com​​
  A day after announcing plans for big wage rises, the company said operating profit had been 117.1 billion yen ($889.82 million) in the three months to November 2022, compared with 119.4 billion yen a year earlier…
• Jewellery industry wants Repair Policy to make India a global outsourcing service centre
  12 Jan 2023, retail.economictimes.indiatimes.com​​
  Vipul Shah, Chairman, GJEPC, said, “Keeping in view India’s inherent skill in making handmade jewellery, we believe that India will outperform in jewellery repair sector also. With this Policy, India has the possibility of taking 10-20% of the world market share, which will bring in billions of dollars of business with high employment potential.”…
• Alibaba sells Paytm stake worth $125 million via block deal: Source
  12 Jan 2023, retail.economictimes.indiatimes.com​​
  Alibaba, which held a 6.26% stake in Paytm as at end-September, sold the stake at 536.95 rupees apiece, the source said…
• Price cap on movie ticket not helpful: IMAX Global CEO Richard Gelfond
  12 Jan 2023, thehindubusinessline.com​​
  Motion picture presentation company IMAX Corporation has set a target to open 100 screens in India in the next five years, but it highlighted specific regulator issues that it encountered while operating in India…
• Only 60 pc Indians Feel That Their Home Reflects Their Identity
  12 Jan 2023, indianretailer.com​​
  Home is an extension of one’s identity however, currently, only 60 percent of people feel that their home reflects their identity. While 64 percent of people are worried about personal health and well-being in India, this number constitutes 48 percent globally…
• JeBigBasket’s Move to Enter into Offline Retail to Widen its Customer Base in India
  12 Jan 2023, indianretailer.com​​
  Tata Group-owned BigBasket, an online grocery platform recently forayed into offline retail to expand its retail footprint in India…
• Jeera prices jump 45% in a month to record high
  12 Jan 2023, retail.economictimes.indiatimes.com​​
  At the Unjha market in Gujarat, the largest market for jeera in the country, prices given to have increased to Rs 320 per kilogramme from Rs 220/kg less than a month ago. The prices had briefly touched Rs 340/kg, traders said…
• Subway said to weigh potential sale that might top $10 billion
  12 Jan 2023, livemint.com​​
  Subway is exploring a potential sale that could value the sandwich chain at more than $10 billion, according to a person familiar with the matter…
• Bookstores look to turn the page, expand outlets
  12 Jan 2023, retail.economictimes.indiatimes.com​​
  About half-a-dozen book store chains and independent bookshops, including Crossword, Om, Bahrisons and Starmark are looking to open stores, some even planning to double their store count in the next two-three years, hoping readers would browse their aisles instead of just shopping online…
• Majority of Indian consumers want red labels on ultra processed food packs and e-commerce listings
  12 Jan 2023, retail.economictimes.indiatimes.com​​
  So far, national regulator Food Safety and Standards Authority of India (FSSAI)’s draft proposal on star rating systems to identify high fat, sugar and salt foods (HFSS) has been resisted by health groups which say the star ratings will not be effective in curbing consumption of unhealthy foods. The regulator has again invited comments from health experts and consumer organisations to address concerns about labelling of packaged foods…
• Hindustan Unilever completes purchase of 51% stake in Zywie Ventures
  12 Jan 2023, retail.economictimes.indiatimes.com​​
  HUL has completed the acquisition of 51 per cent shareholding of Zywie for a total consideration of Rs 264.28 crore for the first tranche, in accordance with the terms and conditions of the definitive agreements dated 8th December 2022,” according to a regulatory filing…
• The Label Life Appoints Garima Garg as CEO
  11 Jan 2023, indianretailer.com​​
  GOAT Brand Labs’ celebrity-styled lifestyle brand, The Label Life, has welcomed Garima Garg as its new CEO from December 2022. This is the third leadership hire in the past 6 months for GOAT Brand Labs portfolio companies. The first two being – Pepe Jeans Inner Fashion and Breakbounce…
• Levi’s® heads to the inaugural edition of the Lollapalooza India
  11 Jan 2023, indianretailer.com​​
  With the belief that music is the truest form of self-expression, Levi’s® has partnered with the first edition of Lollapalooza India 2023 to showcase a diverse representation of creative expression with its one-of-a-kind Tailor Shop with the most unique line-up featuring 12 artists from across India with music community-related designers…
• Organized Jewelers to Record Revenue Growth of 20 pc in FY23
  11 Jan 2023, indianretailer.com​​
  Organized jewelry retailers in India are expected to continue outpacing the industry over the medium term on the back of industry tailwinds in the form of an accelerated shift in market demand from unorganized retailers and planned expansion of retail presence to capitalize on the tailwinds…
• Kapsons Retail Expands Offline Space to 3 Lakh Sqft in 2022
  11 Jan 2023, indianretailer.com​​
  When it comes to redefining the online retail space, one may look no further than Kapsons Retail Private Limited; a player backed by the three-decade-long retail legacy of its parent company, Kapsons Group…
• Kapsons Retail Expands Offline Space to 3 Lakh Sqft in 2022
  11 Jan 2023, indianretailer.com​​
  When it comes to redefining the online retail space, one may look no further than Kapsons Retail Private Limited; a player backed by the three-decade-long retail legacy of its parent company, Kapsons Group…
• India’s Retail Inflation Remained Steady At 5.90% In December, Says Reuters Poll
  11 Jan 2023, news18.com​​
  Arecent study by a group of economists in collaboration with news agency Reuters has found that India’s retail inflation remained stable in December and within the Reserve Bank of India’s acceptable range for a second month. It was due to a moderate increase in food prices that was partially offset by high core inflation…
• Reliance Retail to turn Metro stores into destination retail outlets
  11 Jan 2023, business-standard.com​​
  After acquiring Metro AG’s India wholesale business, Reliance Retail is planning to turn the stores into destination retail outlets, The Economic Times reported. These stores will then cater to both trade and consumers…
• Indore: Lulu Group shows interest in investing
  11 Jan 2023, freepressjournal.com​​
  Chairman and MD of Lulu Group International, Yusuf Ali Mouslem Abdul Kader and director, Ananth AV, met Madhya Pradesh chief minister, Shivraj Singh Chouhan, regarding investment in food processing centre, agri procurement centre in the state and setting up of a mall here in Indore…
• The Shriram Sanjeevi column: Why F&B outlets dominate the Indian airport retail scene
  11 Jan 2023, moodiedavittreport.com​​
  INDIA. In the latest of a series of articles about travel retail and aviation in India, industry expert Shriram Sanjeevi explores the subject of the balance between food & beverage and retail stores in Indian airports. He sets out the reasons why small F&B outlets tend to dominate and makes recommendations on retail concepts that have the potential to succeed in the nation’s airport environment…
• Offline shopping, dining out lose steam in November-December
  11 Jan 2023, brandequity.economictimes.indiatimes.com​​
  Kumar Rajagopalan, chief executive of Retailers Association of India (RAI), said while October and November witnessed 17% growth, it couldn’t be termed as spectacular. “Inflation-led worries have dampened the ability of some customers to purchase discretionary products,” he said…
• Demand for heating appliances up 33% year-on-year: Flipkart
  11 Jan 2023, retail.economictimes.indiatimes.com​​
  “The demand for the heating appliances segment has seen a spike of 33 per cent during October-December period as compared to the same period last year,” Flipkart said in a statement…
• World Bank sees India growth slowing to 6.6% next fiscal
  11 Jan 2023, retail.economictimes.indiatimes.com​​
  The growth rate of 6.9 per cent in current fiscal year (April 2022 to March 2023) compares with 8.7 per cent in the previous year. For 2024-25, the growth rate is projected at 6.1 per cent…
• Tatas review super app strategy as sales may miss target by 50%
  11 Jan 2023, retail.economictimes.indiatimes.com​​
  The underwhelming performance of Tata Neu shows the uphill task of taking on entrenched e-commerce rivals such as Amazon.com Inc. and Walmart Inc.’s Flipkart…
• Celio Appoints Stanton Ambrose as Head of Marketing
  11 Jan 2023, indianretailer.com​​
  French menswear brand Celio has announced the appointment of Stanton Ambrose as its head of marketing. According to the company, Ambrose has a proven track record for delivering innovation and growth to the brands he leads…
• Retail industry: Year 2022 in review and roadmap ahead for retailers in 2023
  11 Jan 2023, outlookindia.com​​
  Indian retail is a captivating lore in itself. It is worth complimenting how much this sector has evolved over the years while retaining its core value toward its customers…
• Institutional Investments In Retail Real Estate Jumps Over 6-Fold To $492 Million In 2022: Report
  11 Jan 2023, outlookindia.com​​
  Alternate asset classes, which includes data centres, received an investment of USD 867 million last year, up 92 per cent from USD 453 million in 2021…
• Indian Retail Industry Looks For Big Relief In Budget 2023
  11 Jan 2023, businessworld.com​​
  The Indian E-Commerce industry is expected to grow by 84 per cent to USD 111 billion by 2024, thanks to the pandemic. Industry players say that the union budget 2023-24 may help the sector in a big way…
• ‘Made in India’ TV shipments ‘grow’ 33% in Q3
  11 Jan 2023, retail.economictimes.indiatimes.com​​
  The Indian TV market grew in the festive season in 2022 and ‘Make in India’ TV shipments grew 33% on quarter-over-quarter (QoQ) basis in the July-September period to reach 5 million units, a report showed on Tuesday…
• Indians struggle with clutter, organizing space at home: IKEA
  11 Jan 2023, livemint.com​​
  Indians rate clutter and space management among the top issues when it comes to living at home, according to an in-depth research by furniture retailer Ikea…
• Offline shopping, dining out lose steam in November-December
  11 Jan 2023, retail.economictimes.indiatimes.com​​
  Kumar Rajagopalan, chief executive of Retailers Association of India (RAI), said while October and November witnessed 17% growth, it couldn’t be termed as spectacular. “Inflation-led worries have dampened the ability of some customers to purchase discretionary products,” he said…
• Adani Wilmar sees Q3 sales growth in high single digits
  11 Jan 2023, retail.economictimes.indiatimes.com​​
  The growth pace in the second quarter was mostly dragged by a decline in the edible oil business, which is known for Fortune cooking oil.Adani Wilmar, a joint venture between Indian conglomerate Adani Group and Singapore’s Wilmar Group, said packed oil sales increased by high-double digits during the third quarter due to higher in-house and out-of-home consumption…
• Metro AG stores to cater to both retail and wholesale
  11 Jan 2023, retail.economictimes.indiatimes.com​​
  Metro sold only to business customers such as neighbourhood stores, hotels, restaurants, caterers and others with a business or goods and services tax (GST) licence as its German parent had to comply with India’s norms that only allow 100% foreign direct investment (FDI) in cash-and-carry or wholesale trade…
• Flipkart marketplace arm gets $90 million cash infusion
  11 Jan 2023, retail.economictimes.indiatimes.com​​
  This is the first cash infusion in Flipkart’s marketplace arm in 2023. The resolution to infuse new capital was approved on December 29, 2022…
• The Pansari Group Expands its Footprint in Western and Southern India
  
  10 Jan 2023, indianretailer.com​​
  Pansari Group, the renowned FMCG brand has announced the expansion of its presence in the western and southern Indian markets. The company plans to rapidly expand geographically in both parts of India, along with broadening its product offering…
• SmartDukaan to open 300 new stores across India
  10 Jan 2023, livemint.com​​
  martDukaan, the tech-based startup that is revolutionizing the mobile retail market in India, is planning to open 300 new stores across the country in 2023 to take the store count to 500…
• 2023 expected to be good for real estate, says Knight Frank report
  10 Jan 2023, thehindubusinessline.com​​
  It won’t be an overstatement to say that 2022 has proved to be a year of great success for the real estate sector. Dubbed as the turnaround year for segments like residential and retail, the year saw all segments recover from the COVID lows and record significant year-on-year growth…
• Portfolio expansion. Mamaearth plans new product launch, expand physical store presence
  10 Jan 2023, thehindubusinessline.com​​
  IPO-bound Mamaearth, the brand owner of Honasa Consumer, plans to launch and acquire new brands across new value propositions and price points and enter new categories…
• Amul needs to remain a revolutionary brand
  10 Jan 2023, livemint.com​​
  As brand stories go, Amul’s is remarkable. Not only is it truly unique in a world of similar sales propositions with pretences to uniqueness, it is a fine example of public sector success, an ode in its own right to cooperative commerce…
• Luggage industry registers best-ever sales amid surge in travel, big Indian weddings
  10 Jan 2023, retail.economictimes.indiatimes.com​​
  The surge in travel and big-fat Indian weddings have pushed sales of the luggage industry. Big brands like Samsonite and Safari along with mega retailers like Reliance have been reporting a sales growth of nearly 50%-70% since the middle of 2022 over 2019 which was the best year ever for the industry…
• Bacardi in India launches e-commerce platform for made-in-India brands
  10 Jan 2023, retail.economictimes.indiatimes.com​​
  On the e-commerce platform, Bacardi India has partnered with artisanal fragrance maker, Isak Fragrances; premium leather products brand – The Postbox; and the Jaipur Watch Company, which sells luxury watches…
• Organised jewellery retailers to outpace industry growth over the medium term; revenue likely to grow 10% YoY in FY24: ICRA
  10 Jan 2023, retail.economictimes.indiatimes.com​​
  Kaushik Das, vice president and co-group head at ICRA explained, “The industry growth is likely to moderate to 5 per cent YoY in FY2024 due to the high base of FY2023, coupled with evolving macro-economic scenario. Nevertheless, the revenue of organised jewellery retailers is likely to grow at a much higher rate of 10 per cent YoY in FY2024, supported by the accelerated shift in market share to the organised sector driven by tightening regulations, change in consumer preferences towards branded jewellery and planned expansion of organised jewellers into tier 2 and 3 cities.”..
• Carlyle buys wellness & beauty co VLCC, pays $275-$300 mn for nearly 70% stake
  10 Jan 2023, retail.economictimes.indiatimes.com​​
  Co to appoint former Reckitt Benckiser & Arvind Fashions executives as independent directors. Founded in 1989, VLCC operates through services including wellness and weight management & packaged products in beauty and skincare. Its network of 210 retail clinics in 118 cities spans 11 countries in South Asia, Middle East and Africa…
• InstitutionalTwo Apple Stores within weeks… Apple gears up for unprecedented retail push in India
  10 Jan 2023, indianexpress.com​​
  Apple is already hiring for Apple Stores in Mumbai and Delhi, the two locations where the flagship retail stores will open first…
• Institutional Investments In Retail Real Estate Jumps Over 6-Fold To $492 Million In 2022: Report
  10 Jan 2023, outlookindia.com​​
  Alternate asset classes, which includes data centres, received an investment of USD 867 million last year, up 92 per cent from USD 453 million in 2021…
• Apple retail stores to be spread over 25,000 sq ft in Delhi, Mumbai
  10 Jan 2023, financialexpress.com​​
  In FY22, Apple India’s net profit rose 3% year-on-year to Rs 1,263 crore, whereas its revenue from operations rose 45.8% to `33,313 crore during the year, according to filings with the Registrar of Companies in the ministry of corporate affairs…
• The Whole Truth raises $15 million in Series B funding led by Sequoia India
  10 Jan 2023, retail.economictimes.indiatimes.com​​
  Other investors in the round include existing backers Matrix Partners India and early-stage venture firm Sauce.vc…
• FMCG Q3 preview: Muted demand, but margins to improve, say analysts
  10 Jan 2023, financialexpress.com​​
  FMCG Q3 preview: Muted demand, but margins to improve, say analysts…
• India expected to become USD 7 trillion economy in seven years: CEA
  10 Jan 2023, retail.economictimes.indiatimes.com​​
  Speaking at a session organised by MCCI, Nageswaran said virtually that the calendar year 2023 began in the context of the continuing conflict between Russia and Ukraine, which will “create geo-political and geo-economic uncertainties”…
• PVR aims to become 1,000-screen film exhibitor by FY24; to invest Rs 300 crore to add 100 screens
  10 Jan 2023, retail.economictimes.indiatimes.com​​
  As part of the expansion, the company is entering into newer cities, especially in the south and east parts of the country, where it has a negligible presence…
• Exclusive: New standards for live commerce in India on the drawing board
  10 Jan 2023, retail.economictimes.indiatimes.com​​
  BIS seeks member views after global body ISO floats proposal; ecommerce logs high growth in space…
• PUMA Expands Offline Presence, Opens Store in Faridabad
  9 Jan 2023, indianretailer.com​​
  In line with its ongoing retail portfolio strengthening strategy, Omaxe World Street in Faridabad has a new addition to its portfolio…
• MR.D.I.Y. Expands Offline Presence, Opens 100th Store in India
  9 Jan 2023, indianretailer.com​​
  MR.DIY, One of Asia’s largest home improvement retailers celebrated its 100th store grand opening in the Inorbit Mall Vashi Navi Mumbai…
• How E-Commerce has Evolved in India
  9 Jan 2023, indianretailer.com​​
  The Indian e-commerce industry has been driven by increasing mobile phone adoption. As of October 31, 2022, there are 1143 million mobile connections with 625 million urban and 518 million rural connections…
• Vanity Wagon Expands Offline Presence, Opens First Kiosk in Delhi
  
  9 Jan 2023, retail.economictimes.indiatimes.com​​
  Vanity Wagon – one of India’s largest clean beauty marketplaces, the one-stop e-commerce platform is set to launch its Kiosk for the first time in one of the most popular malls in New Delhi on January 11, 2023…
• With growing health concerns, baby talc market sees shift towards organic, corn-starch-based powder
  9 Jan 2023, retail.economictimes.indiatimes.com​​
  “…due to recent health concerns regarding the composition of talcum, brands and consumers are shifting to a more natural, safer alternative. Cornstarch-based powders have emerged, as a result,” commented Malika Sadani, founder and CEO, The Mom’s Co…
• Pansari Group expects 40% YoY sales growth in FY23; hopes to achieve Rs 350 crore turnover from exports this year
  9 Jan 2023, retail.economictimes.indiatimes.com​​
  The company said it focuses on volume growth rather than value growth as commodity value fluctuates often, so it is difficult to determine growth with it. In addition to that, the firm is not focusing on commodity products but on value-added processed products including syrups, gravy, ready-to-eat, ready-to-cook, and millet-based products…
• RS Sodhi steps down as Amul MD, Jayen Mehta to take charge
  9 Jan 2023, retail.economictimes.indiatimes.com​​
  RS Sodhi on Monday stepped down as the Managing Director of Amul Ltd and will be replaced by Jayen Mehta in the interim. Sodhi had been the Managing Director of Gujarat Cooperative Milk Marketing Federation (GCMMF) since June 2010 and is the President of the Indian Dairy Association…
• Unity, Parsvnath to develop mall in Delhi
  9 Jan 2023, economictimes.indiatimes.com​​
  Delhi-based Unity Group has formed a joint development agreement with Parsvnath Developers to develop 450,000 square feet of retail area with an investment of ₹200 crore, said Unity Group co-founder Harsh V Bansal…
• Huge potential to boost exports of processed food: TPCI
  9 Jan 2023, retail.economictimes.indiatimes.com​​
  Three-day IndusFood expo kickstarted on January 8 in Hyderabad. It was inaugurated by Additional Secretary in the commerce ministry Rajesh Agrawal and Joint Secretary in the ministry Srikar K Reddy…
• McDonald’s to boost restaurant growth, streamline some programs
  9 Jan 2023, retail.economictimes.indiatimes.com​​
  The new plan, announced in a letter from Chief Executive Officer Chris Kempczinski to global employees and seen by Reuters, calls for the Chicago-based company to cancel or “de-prioritize” some initiatives while also accelerating store development. That could lead to layoffs in some areas and expansion in others, the company said…
• LG Electronics Q4 operating profit down 91.2% in Q4
  9 Jan 2023, retail.economictimes.indiatimes.com​​
  For 2022, South Korea’s No. 2 home appliances maker posted an estimated 3.54 trillion won in operating profit, down 12.6 percent from a year earlier…
• Customs duty on 35 items may be hiked in Budget
  9 Jan 2023, retail.economictimes.indiatimes.com​​
  Private jets, helicopters, high-end electronic items, plastic goods, jewellery, high-gloss paper and vitamins are among items that are on the list prepared by the government…
• Reliance Consumer to focus equally on full FMCG range, backend sourcing
  9 Jan 2023, retail.economictimes.indiatimes.com​​
  Newly floated FMCG flagship Reliance Consumer Products (RCPL) said it intends to enter the entire spectrum of domestic, household and consumer goods such as pharmaceuticals, food products and beverages, agri- and non-agricultural produce, commodities, educational, raw, processed and commercial products. The filing was made to the Registrar of Companies…
• CeilingFlauntShop Talk. Trends that will shape Indian retail this year
  8 Jan 2023, business-standard.com​​
  Let me start by defining a context with regard to the retail sector. There are broadly two kinds of players. One operates with a shop-keeper mindset…
• CeilingFlaunt factor: Rising affluence sees India’s market for luxury brands swell
  8 Jan 2023, business-standard.com​​
  China, which is also an important market for luxury brands, has been impacted due to Covid-induced lockdowns over the past two years…
• Ceiling fans get costlier as BEE’s revised norms mandate star labelling
  8 Jan 2023, retail.economictimes.indiatimes.com​​
  Though leading manufacturers such as Havells, Orient Electric and Usha International have welcomed the move, they also believe it would lead to cost increase of 5 to 20 per cent as high energy efficient 5-star rated fans will require new imported motors and electronic components…
• Apple begins hiring retail store employees in India
  8 Jan 2023, retail.economictimes.indiatimes.com​​
  The Cupertino, California-based tech giant has long planned to set up physical retail locations in India, one of the world’s fastest-growing smartphone markets. While the company in 2020 began direct sales online, plans for brick and mortar stores have not yet materialized…
• FMCG firms seek steps in Budget to boost middle-class’ disposable income
  7 Jan 2023, financialexpress.com​​
  Boosting of disposable income in the hands of consumers can be done through beneficial tax regime, said Saugata Gupta, MD and CEO, Marico…
• Weak demand to weigh on FMCG Q3
  
  7 Jan 2023, financialexpress.com​​
  On an overall basis for the staples segment, analysts expect gross margins to improve sequentially, with softening of select raw material prices—primarily crude and edible oils may result in a modest recovery in Ebitda (earnings before interest, tax, depreciation and amortisation) margins too…
• Effective synergies between fintechs and small retailers can fulfil $10 trillion economy vision
  7 Jan 2023, financialexpress.com​​
  Ease of doing business for MSMEs: Through solutions like dynamic POS machines, QR codes and micro ATMs, fintechs and MSMEs are helping create an open API network by reducing the cost of operations and well as boosting the digital economy in the hinterlands by sachetising banking services…
• Kalyan Jewellers Q3 update: Revenue up 13% YoY; gross margin expands sequentially
  7 Jan 2023, retail.economictimes.indiatimes.com​​
  Noting that while the competitive intensity with respect to metal pricing continues, it recorded a sequential expansion in its gross margin, driven largely by the improvement in both studded share and share of revenue from non-south markets…
• Discount scheme upsets the Apple cart for retailers in India
  7 Jan 2023, economictimes.indiatimes.com​​
  Apple’s retailers across India are in a tussle with the company over a demand-generation scheme for iPhones. According to the sellers, they’re not being adequately compensated for discounts the US company is offering. These are on the…
• What to expect from the consumer goods sector in 2023? Arvind Singhal explains
  7 Jan 2023, retail.economictimes.indiatimes.com​​
  “Wage hikes and income generation as such has been moderate, in the range of single digit hikes, which barely catches up with inflation. Now under this circumstance, onc cannot assume that consumers will have an unending availability of capital. Mid-6-7-8% growth rate for refrigerators, washing machines or even TVs would be my expectation for this year. “…
• Jewellery exports lose sheen as recession looms in West
  7 Jan 2023, livemint.com​​
  A double-digit fall in demand for gems and jewellery, a key Indian luxury export, amid recessionary conditions in the West is worrying manufacturers in an industry that employs over 5 million workers…
• Titan Q3 Update: Combined sales rise 12% YoY on strong consumer demand
  7 Jan 2023, retail.economictimes.indiatimes.com​​
  Continuing the network expansion, the retail presence stands at 2,362 stores at the end of the quarter…
• Discount scheme upsets the Apple cart for retailers in India
  7 Jan 2023, retail.economictimes.indiatimes.com​​
  Retailers say Apple is forcing them to pay a part – Rs 800 per device – of the discount out of their own pocket. Additionally, the company is not compensating retailers for discounts on older inventory, which they had stocked in December at higher rates…
• Come to the mall and bring your chores along
  7 Jan 2023, retail.economictimes.indiatimes.com​​
  Mall operators rope in tailors, cobblers, offer pet grooming and car washing, to enable visitors spend more time while these tasks are taken care of…
• LG Electronics Appoints Hong Ju Jeon as MD for India Biz
  6 Jan 2023, indianretailer.com​​
  LG Electronics India appointed Hong Ju Jeon as the Managing Director, the company said in a press release. The former managing director, Young Lak Kim, has been promoted to the position of Executive Vice President. He will be joining as Korea Sales and Marketing Head…
• Online-only brands are foraying into offline expansion
  6 Jan 2023, apparelresources.com​​
  The physical store is always on the brand’s to-do list as they are very well aware that customers are real people who crave a tangible, multi-sensory experience when buying products—the so-called dopamine rush of ‘let’s go shopping’…
• Cancer survivors enjoy their special winter vacation at Infinity Mall
  6 Jan 2023, eventfaqs.com​​
  Infiniti Mall recently played host to the young cancer survivors from Tata Memorial Pediatric Cancer Care Centre during the Christmas and New Years week…
• Samsung’s quarterly profit plunges to 8-year low on demand slump
  6 Jan 2023, retail.economictimes.indiatimes.com​​
  Samsung’s profits are expected to shrink again in the current quarter, analysts said, after the South Korean company announced its October-December operating profit likely fell 69% to 4.3 trillion won ($3.37 billion) from 13.87 trillion won a year earlier…
• Alcohol companies’ sales soar in year-end season
  6 Jan 2023, thehindubusinessline.com​​
  Alcohol companies saw sales of beverages spike more than last year in the year-end festival and holiday season. Industry players said consumers moved to the premium segment…
• Shobitam launches the Makar Collection by designer Girish Lakshman
  
  6 Jan 2023, retail.economictimes.indiatimes.com​​
  Leading D2C ethnicwear global brand Shobitam which focuses on making Indian handlooms elegant globally, has launched the Makar collection by designer Girish Lakshman…
• Shobitam launches the Makar Collection by designer Girish Lakshman
  
  6 Jan 2023, apparelresources.com​​
  Leading D2C ethnicwear global brand Shobitam which focuses on making Indian handlooms elegant globally, has launched the Makar collection by designer Girish Lakshman…
• Global trade is shifting, not reversing
  6 Jan 2023, livemint.com​​
  It is fashionable to talk of deglobalization again. More likely is a continuing reshuffling of trade flows that creates new geopolitical winners—if they are savvy enough to take advantage…
• FMCG companies likely to see recovery in volume growth by next fiscal
  6 Jan 2023, retail.economictimes.indiatimes.com​​
  In the past few months, companies have been reversing grammage cuts in biscuits and soaps to bolster volume growth amid easing inflationary pressures to help drive margin improvement. While growth has improved sequentially due to the festive season, it is still lower than a year ago…
• 96 pc MSMEs Expect an Increase in Profit in 2023
  5 Jan 2023, indianretailer.com​​
  96 percent of MSMEs expect profits to increase in 2023, as they are being more confident about their growth, profitability, and other growth indicators…
• Snapdeal Witnesses 14 pc Revenue Jump in FY 22
  5 Jan 2023, indianretailer.com​​
  E-commerce company Snapdeal’s revenue from operations rose 14 percent to Rs 539 crore in FY22 from Rs 471 crore in FY21. Financials sourced through the business intelligence platform Tofler showed that losses, however, widened fourfold to Rs 510 crore as expenses such as employee benefits, and advertisements increased…
• [Funding Alert] Perfume Lounge Raises Seed Funding of $250,000
  5 Jan 2023, indianretailer.com​​
  The fragrance industry in India is witnessing explosive growth with the market set to double in the next five years. With a year-on-year growth of 20.03 percent in 2022, the surge of ‘Made in India’ brands catering to the diverse demands of young audiences is driving the culture of conscious personal grooming…
• Duroflex Welcomes Rajat Rastogi as New CFO
  5 Jan 2023, indianretailer.com​​
  Duroflex, one of India’s leading sleep solutions brands, has strengthened its leadership team with the appointment of Rajat Rastogi as Chief Financial Officer and Rajesh Kumar Dash as Product and Category Head. The appointment is a step towards the company’s vision, which aims to go public in 3-4 years…
• How growth in grocery shopping in India is transforming farmers, retailers and consumers
  5 Jan 2023, thehindubusinessline.com​​
  Today, automation technologies and intelligent systems are enabling robust, seamless supply chains with smooth movement of products and services…
• Haier Appliances eyes 40% growth in 2023
  5 Jan 2023, thehindubusinessline.com​​
  Expect demand for air-conditioners to go up with the weather playing up, says Satish NS, President of the company With consumers increasingly buying products through online stores, consumer durables major Haier Appliances India is set to increase its digital focus. Satish NS, President of the company, spoke to businessline…
• Indian consumers in no rush for faster grocery deliveries: Survey
  5 Jan 2023, retail.economictimes.indiatimes.com​​
  Quick commerce was one of the hottest tech properties during the pandemic and the 10-minute grocery delivery business received widespread attention over the past two years. But 2022 saw most investors stay away from the cash-burning sector…
• Sebamed mulls entry into food, nutrition business
  5 Jan 2023, livemint.com​​
  The local arm of German personal care company Sebamed is exploring opportunities to foray into the health and nutrition business, including categories such as immunity-building products, multi-vitamins, vitamin gummies and baby nutrition…
• Good show. Indian start-ups achieving $100-million revenue mark in five years: Redseer
  5 Jan 2023, thehindubusinessline.com​​
  With the ecosystem maturing in the last decade, the time taken by start-ups to reach the $100-million revenue mark has come down from 18 years in 2000 to five years in 2017, according to a report…
• How are retailers adapting to serve new-age consumers and drive profits
  5 Jan 2023, retail.economictimes.indiatimes.com​​
  The last few years have seen major transformations in the Indian retail industry. With deeper internet penetration, a growing focus on innovation, and evolving consumer behavior and needs, …
• ‘Flipkart Green’ e-store for sustainable products launched
  5 Jan 2023, thehindubusinessline.com​​
  Flipkart Green aims to provide access to information and better availability of globally certified sustainable brands and products…
• FMCG sector sees slow growth on poor rural consumption and post-festive season slowdown – Godrej Consumer
  5 Jan 2023, retail.economictimes.indiatimes.com​​
  “There has also been a sequential improvement from high single-digit sales growth and mid single-digit volume decline in the previous quarter. The growth is broad based and led by around double-digit sales growth in both home care and personal care,” GCPL said in its earnings update. “The quality of our profits should see meaningful improvement, led by gross margin recovery and continued marketing investments translating to high single-digit EBITDA growth…
• Shobitam launches the Makar Collection by designer Girish Lakshman
  
  6 Jan 2023, apparelresources.com​​
  Leading D2C ethnicwear global brand Shobitam which focuses on making Indian handlooms elegant globally, has launched the Makar collection by designer Girish Lakshman…
• Global trade is shifting, not reversing
  6 Jan 2023, livemint.com​​
  It is fashionable to talk of deglobalization again. More likely is a continuing reshuffling of trade flows that creates new geopolitical winners—if they are savvy enough to take advantage…
• FMCG companies likely to see recovery in volume growth by next fiscal
  6 Jan 2023, retail.economictimes.indiatimes.com​​
  In the past few months, companies have been reversing grammage cuts in biscuits and soaps to bolster volume growth amid easing inflationary pressures to help drive margin improvement. While growth has improved sequentially due to the festive season, it is still lower than a year ago…
• 96 pc MSMEs Expect an Increase in Profit in 2023
  5 Jan 2023, indianretailer.com​​
  96 percent of MSMEs expect profits to increase in 2023, as they are being more confident about their growth, profitability, and other growth indicators…
• Snapdeal Witnesses 14 pc Revenue Jump in FY 22
  5 Jan 2023, indianretailer.com​​
  E-commerce company Snapdeal’s revenue from operations rose 14 percent to Rs 539 crore in FY22 from Rs 471 crore in FY21. Financials sourced through the business intelligence platform Tofler showed that losses, however, widened fourfold to Rs 510 crore as expenses such as employee benefits, and advertisements increased…
• [Funding Alert] Perfume Lounge Raises Seed Funding of $250,000
  5 Jan 2023, indianretailer.com​​
  The fragrance industry in India is witnessing explosive growth with the market set to double in the next five years. With a year-on-year growth of 20.03 percent in 2022, the surge of ‘Made in India’ brands catering to the diverse demands of young audiences is driving the culture of conscious personal grooming…
• Duroflex Welcomes Rajat Rastogi as New CFO
  5 Jan 2023, indianretailer.com​​
  Duroflex, one of India’s leading sleep solutions brands, has strengthened its leadership team with the appointment of Rajat Rastogi as Chief Financial Officer and Rajesh Kumar Dash as Product and Category Head. The appointment is a step towards the company’s vision, which aims to go public in 3-4 years…
• How growth in grocery shopping in India is transforming farmers, retailers and consumers
  5 Jan 2023, thehindubusinessline.com​​
  Today, automation technologies and intelligent systems are enabling robust, seamless supply chains with smooth movement of products and services…
• Haier Appliances eyes 40% growth in 2023
  5 Jan 2023, thehindubusinessline.com​​
  Expect demand for air-conditioners to go up with the weather playing up, says Satish NS, President of the company With consumers increasingly buying products through online stores, consumer durables major Haier Appliances India is set to increase its digital focus. Satish NS, President of the company, spoke to businessline…
• Indian consumers in no rush for faster grocery deliveries: Survey
  5 Jan 2023, retail.economictimes.indiatimes.com​​
  Quick commerce was one of the hottest tech properties during the pandemic and the 10-minute grocery delivery business received widespread attention over the past two years. But 2022 saw most investors stay away from the cash-burning sector…
• Sebamed mulls entry into food, nutrition business
  5 Jan 2023, livemint.com​​
  The local arm of German personal care company Sebamed is exploring opportunities to foray into the health and nutrition business, including categories such as immunity-building products, multi-vitamins, vitamin gummies and baby nutrition…
• Good show. Indian start-ups achieving $100-million revenue mark in five years: Redseer
  5 Jan 2023, thehindubusinessline.com​​
  With the ecosystem maturing in the last decade, the time taken by start-ups to reach the $100-million revenue mark has come down from 18 years in 2000 to five years in 2017, according to a report…
• How are retailers adapting to serve new-age consumers and drive profits
  5 Jan 2023, retail.economictimes.indiatimes.com​​
  The last few years have seen major transformations in the Indian retail industry. With deeper internet penetration, a growing focus on innovation, and evolving consumer behavior and needs, …
• ‘Flipkart Green’ e-store for sustainable products launched
  5 Jan 2023, thehindubusinessline.com​​
  Flipkart Green aims to provide access to information and better availability of globally certified sustainable brands and products…
• FMCG sector sees slow growth on poor rural consumption and post-festive season slowdown – Godrej Consumer
  5 Jan 2023, retail.economictimes.indiatimes.com​​
  “There has also been a sequential improvement from high single-digit sales growth and mid single-digit volume decline in the previous quarter. The growth is broad based and led by around double-digit sales growth in both home care and personal care,” GCPL said in its earnings update. “The quality of our profits should see meaningful improvement, led by gross margin recovery and continued marketing investments translating to high single-digit EBITDA growth…
• Justdogs expands its retail network, aims to reach 150 stores by 2025
  5 Jan 2023, retail.economictimes.indiatimes.com​​
  The pet care market in India has witnessed rapid growth over the past few years and is expected to reach Rs 210,000 crore by 2032, growing at a CAGR of 19.2 per cent from 2022 to 2032. So, the brand plans to expand its retail presence to 150 stores across the country by 2025. Further, it aims to touch Rs 1,000 crore revenue with an equitable distribution of business from online and offline channels…
• Budweiser and Kingfisher makers flag high taxes, poor access for slower India growth
  5 Jan 2023, retail.economictimes.indiatimes.com​​
  Anheuser Busch InBev and Heineken, two of the world’s biggest brewers, said India is one of their top priority markets but demand has been restrained due to high taxes and small number of retail outlets even as it shares a similar growth trajectory with China…
• Snapdeal ops revenue up 14%, losses rise 4x
  5 Jan 2023, retail.economictimes.indiatimes.com​​
  The muted revenue growth comes amid a delay in its plan for a public market listing due to a global tech stock rout over macroeconomic headwinds…
• D-Mart Q3 revenue rises 24.7% to Rs 11,305 crore
  5 Jan 2023, retail.economictimes.indiatimes.com​​
  “Standalone Revenue from operations for the quarter ended December 31, 2022, stood at Rs 11,304.58 crore,” it said while sharing an update at the end of the quarter…
• TAMANNA to Enhance Engagement with Customers
  4 Jan 2023, indianretailer.com​​
  TAMANNA, a digital marketplace, and an e-commerce platform have partnered with MoEngage, an insights-led customer engagement platform to enhance engagement with customers…
• Godrej Consumer Products Ltd Opens Mega Warehouse in Punjab
  4 Jan 2023, indianretailer.com​​
  Godrej Consumer Products Ltd. (GCPL), a leading emerging markets company that is a part of the Godrej Group, announced the opening of its first mega warehouse in Tepla, Punjab. This state-of-the-art facility has a storage space of 2.4 lakh sq. ft. and will connect the company’s factories in the Northern part of India…
• Tier II & III cities see 17.4% growth in industrial and warehousing absorption: Savills
  4 Jan 2023, businessinsider.com​​
  India witnessed industrial and warehouse absorption of 46 million sq. ft in 2022, of which 36 million sq. ft belonged to tier I cities. Close to 10 million sq. ft belonged to tier II and III cities, as per the latest data from international real estate advisory firm, Savills India…
• RetailIndia’s retail market is expected to grow $1.4 trillion by 2026
  4 Jan 2023, mintgenie.livemint.com​​
  Retail is one of the major drivers of the Indian economy. It accounted for 27% of the GDP in 2021, and almost half of the private consumption. While the GDP is expected to grow at approximately 10% annually…
• Retail traders call for e-commerce regulator, national retail trade policy
  4 Jan 2023, fortuneindia.com​​
  Retailers called for e-commerce rules under Consumer Protection Act and a fresh Press Note in place of Press Note 2 of FDI Policy of 2018 for greater control over e-tailers…
• How Neighbourhood Shopping Centres are improving the urban experiences of the inhabitants
  4 Jan 2023, ptinews.com​​
  Select City Walk in Delhi, Eldeco Hi-street situated in Panipat, Adani Aangan Galleria, Adani Aangan Arcade, and Adani Oyster Grande in Gurugram, AIPL Joy Street in Gurugram are setting the trend for retail design in urban India. Design Forum International, a Delhi-based architectural firm…
• Prestige Group plans to build and operate its own shopping centres, says more malls in the pipeline
  4 Jan 2023, cnbctv18.com​​
  Prestige Estates plans to build, own and operate its own shopping centres and there are more malls in the pipeline, the group’s CMD Irfan Razack said. Last month, Prestige Estates opened its first large mall after the Blackstone Group transaction and it got the company good footfalls…
• GCPL opens mega warehouse in Punjab to strengthen supply chain across North India
  4 Jan 2023, retail.economictimes.indiatimes.com​​
  With this merged facility, GCPL aims to serve its customer base across Haryana, Punjab, Uttarakhand, and Himachal Pradesh…
• Hindustan Unilever acquires 19.8% stake in Nutrionalab
  4 Jan 2023, thehindubusinessline.com​​
  Fast Moving Consumer Goods (FMCG) company Hindustan Unilever Limited (HUL) on Wednesday informed the stock exchange that the company has completed the 19.8 per cent acquisition of Nutrionalab Private Limited for ₹70 crore…
• HoUrban saw steady pace of growth, recovery in rural demand not as discernible due to elevated inflation – Marico
  4 Jan 2023, retail.economictimes.indiatimes.com​​
  The maker of Parachute and Saffola said its international business continued its healthy growth momentum with high single-digit constant currency growth, even while contending with implications of currency depreciation and high inflation in key markets…
• Hong Ju Jeon appointed as LG Electronics MD for India business
  4 Jan 2023, retail.economictimes.indiatimes.com​​
  LG Electronics India on Wednesday appointed Hong Ju Jeon as the Managing Director, the company said in a press release. The​​ former managing director, Young Lak Kim, has been promoted to the position of Executive Vice President. He will be joining as Korea Sales & Marketing Head…
• Walmart gets $1 billion tax bill for PhonePe shift to India
  4 Jan 2023, retail.economictimes.indiatimes.com​​
  The bill stems from the relocation and rise in value of PhonePe Pvt, which Walmart took majority ownership of after acquiring parent outfit Flipkart Online Services Pvt…
• How Homegrown Hot Sauce Brand Naagin Elevates Taste Instantly
  4 Jan 2023, indianretailer.com​​
  Naagin, a brand that specializes in hot sauce was founded in 2019 with a rebellious spirit and an objective to offer instant taste upgrades to people passionate about food. The brand brings a modern twist to India’s historic and passionate relationship with spices, creating new and unique flavors, yet solely Indian flavors…
• Retailers stock up on goods in hopes of robust sales during Republic Day
  4 Jan 2023, retail.economictimes.indiatimes.com​​
  Industry executives said the stocking by the trade (also known as primary sales) has grown by 30-40% over last year when the Omicron wave had briefly impacted the economy, while even as compared to the pre-Covid 2020 levels it is up by 7-15%…
• Godrej Inds eyes 2x biz for some cos in 5 years
  4 Jan 2023, retail.economictimes.indiatimes.com​​
  The company plans to have a disproportionate share of revenues from branded/value-added products in the food businesses focused on dairy and poultry. It also plans to double its area under oil palm plantation, while continuing to invest in the contract development and manufacturing operations-based B2B agrochemical business over the course of this decade…
• Reliance to acquire 50 pc stake in Sosyo Hajoori Beverages
  4 Jan 2023, retail.economictimes.indiatimes.com​​
  “With this joint venture, Reliance will further strengthen its portfolio in the beverage segment having already acquired the iconic brand Campa. In addition, Sosyo’s expertise in formulations can be leveraged to develop unique value proposition for the product portfolio and consumers.”…
• Marico Limited Expands Product Portfolio, Unveils Saffola Munchiez
  3 Jan 2023, indianretailer.com​​
  Marico Limited has launched Saffola Munchiez – a range of tasty yet healthy snacking options. Made from the goodness of Indian super grains like Ragi and Makhana, Saffola Munchiez aims at making snacking ‘better for you’…
• Modicare Expands Product Portfolio of Well Range, Unveils Well Gummies
  3 Jan 2023, indianretailer.com​​
  Modicare Limited, one of India’s leading direct selling companies, expands its Well range with the launch of ‘Well Gummies’. Giving a fun twist to nutrition, Well Gummies underlines and advocates the need for improved dietary and lifestyle habits, especially among people who are always on the go…
• Kurkure Unveils New Sub-brand Kurkure Playz
  3 Jan 2023, indianretailer.com​​
  Bringing in a playful twist to the new year, Kurkure, one of India’s most loved snack brands, has expanded its brand with the launch of a youthful new sub-brand, Kurkure Playz…
• Monrow Shoes Expands Offline Presence, Opens 50th Store
  3 Jan 2023, indianretailer.com​​
  Monrow, a premium homegrown conscious women’s footwear brand hits a new milestone by inaugurating its 50th outlet at the multi-brand retail store, Shoppers Stop. Monrow will now be available in 16 new locations…
• Dunzo, Blinkit, Zepto new distribution platforms for FMCG majors
  3 Jan 2023, fortuneindia.com​​
  According to a recent report by Nuvama Institutional Equities Research, 10% of HUL’s ice cream sales in Q2 of FY23 came from quick commerce…
• MADAME Launches 18 Exclusive Stores in 2022
  3 Jan 2023, indianretailer.com​​
  Homegrown women’s western wear brand MADAME launched 18 new stores across the country in the last 12 months, a testimony to MADAME’s growing popularity and acceptance among consumers…
• Decarbonization as an opportunity for Indian consumer and retail sector
  3 Jan 2023, energy.economictimes.indiatimes.com​​
  Globally, retail & consumer sector is transforming and re-positioning to be fit for the future…
• Will Big Basket be the proverbial dark horse in India’s retail race?
  3 Jan 2023, livemint.com​​
  When Mukesh Ambani-owned Reliance Retail Ventures Ltd rolled up German grocery wholesaler Metro Cash & Carry’s India business for ₹2,850 crore last week, adding…
• Pepsico India’s Kurkure brand to target more ‘cord cutters’ in ads
  3 Jan 2023, business-standard.com​​
  Pepsico India Holdings Pvt Ltd-owned snack brand Kurkure, which recently launched a television campaign for its new sub-brand, Kurkure Playz, is focusing on expanding its media reach beyond traditional advertising…
• Marico expands RTE portfolio with Saffola Munchiez ragi chips and makhana
  3 Jan 2023, business-standard.com​​
  The FMCG firm is tapping the increasing tribe of conscious, albeit indulgent modern consumers with this new on-the-go healthy snack brand…
• Maersk x Freakins | Logistics in Fast Fashion Industry
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  With the aim to be the everyday fashion brand for the Gen Z consumers, Freakins has been recognized internationally by Indians. As a fast fashion manufacturer, lead time becomes extremely critical for Freakins to stay relevant amidst the changing consumer preferences and at the same time maintaining a healthy cashflow…
• Sugar Cosmetics appoints former Nykaa CHRO Nirav Jagad as chief people officer
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  In his previous stint, Jagad was part of the leadership team at Nykaa. He has experience spanning various sectors like e-commerce, consulting, manufacturing and infrastructure, and has worked across companies like Randstad, Cerebrus Consultants, IL&FS, and has also been an advisor to assist early-stage startups with scaling…
• Cinema halls can set terms for sale of food and beverages inside premises: Supreme Court
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  Noting that cinema halls are the private property of owners, a bench headed by Chief Justice of India D Y Chandrachud said that a moviegoer has a choice to not consume the food available at the multiplexes…
• Dabur acquires 51% majority stake in Badshah Masala
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  “Consequent to the above transaction, Badshah Masala Private Limited has become a subsidiary of Dabur India Limited w.e.f. today i.e. 2nd January 2023,” Dabur said…
• Meesho losses surge more than 6X to Rs 3,247 crore in FY22 as advertising and other expenses rise
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  Unlike the big ecommerce players, Meesho does not charge sellers a commission on the sale of merchandise. It makes money by charging an advertising fee…
• Refrigerator prices may rise up to 5% as revised BEE labelling norms come into force
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  According to manufacturers like Godrej Appliances, Haier and Panasonic, implementation of the new norms may put an additional burden of 2-5 per cent on consumers, depending on the models…
• DPIIT considering quality control norms for air coolers, bicycles, bottled water dispensers
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  The items under these orders cannot be produced, sold/traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark…
• Mukesh Bansal steps back from daily ops at Tata Neu
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  Tata Digital not in favour of growth-at-all cost strategy; Bansal may continue in an advisory role​..
• Dine-ins face 5% GST, not ready items
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  The Gujarat bench of GST Authority for Advance Rulings (AAR) held in a recent ruling that a 5% rate is applicable for dining in, takeaways and even doorstep deliveries by a stand-alone restaurant.​..
• December cheer: Consumer goods demand rebounds sequentially
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  The value of fast-moving consumer goods retailed in December rose 1.4% from the last month, according to Bizom that analyses data based on orders at kirana stores. Electronics categories grew 8-10% sequentially, according to industry executives…
• Meesho’s losses near Rs 3,248 crore as expenses rise 4X in FY22
  3 Jan 2023, financialexpress.com​​
  The Meta-backed startup’s total expenses in the year increased to Rs 6,607 crore, up around 394% from Rs 1,337 crore that it spent in FY21…
• 2023: A peek into India’s evolving e-commerce market
  3 Jan 2023, retail.economictimes.indiatimes.com​​
  2022 saw some significant changes in the e-commerce ecosystem in India. The industry primarily dominated by the two big wigs of e-commerce – Amazon and Flipkart, saw growing competition from giant conglomerates such as JioMart and Tata Digital and startups like Nykaa, Meesho, Udaan, and DealShare. Further, the launch of state-backed ONDC created waves of disruption in the established e-commerce market. Last year, also saw e-commerce players refocusing their strategies to tap the next set of internet consumers from the hinterlands. ..
• Kazo Launches Details By Kazo, a Fashion Accessory Store
  2 Jan 2023, indianretailer.com​​
  Kazo launched its sister brand ‘Details by Kazo’ at DLF Noida, a one-stop fashion accessory store. Laden in impeccable design, KAZO is a women’s fast fashion brand epitomizing the stylish, chic, and ornate lifestyle of today’s trendsetting woman…
• Haldiram’s Launches Winter Cravings Menu, Introduces India’s Favorite Comfort Foods
  2 Jan 2023, indianretailer.com​​
  Haldiram’s has introduced its Winter Cravings menu, which is thoughtfully curated to serve the diverse taste palate of Indian consumers. Owing to the winters, it is the ideal time to savor a hot bowl of your comfort food, be a soupy, piping-hot halwa or dal makhani with laccha parathas…
• Indians Still Prefer to Visit Offline Stores Before Buying Smartphones
  2 Jan 2023, indianretailer.com​​
  Despite a spurt in online shopping, Indian consumers will still go to physical stores in 2023 for their smartphone purchases, as touch and feel continues to play an important role for them, a report showed on Monday. ..
• India’s apparel retail market amounts to US $ 96.47 billion in 2023
  
  2 Jan 2023, apparelresources.com​​
  India’s organised apparel retail market is inching closer to touch US $ 100 billion, thanks to increased consumer spending on clothing products in the country…
• Jimmy Choo launches exclusive India collection ‘Shaan’
  2 Jan 2023, in.fashionnetwork.com​​
  Jimmy Choo has launched an exclusive collection for the Indian market. The luxury footwear and accessories brand’s new capsule line is designed to celebrate Jimmy Choo’s Indian customers…
• India’s retail sector witnesses a strong demand in 2022: JLL
  2 Jan 2023, constructionweekonline.com​​
  Nearly 60 shopping malls encompassing a total retail space of 23.25 million sq. ft are expected to become operational during 2023-25 across the top seven cities of India…
• Indians still want to touch & feel smartphones before buying: Report
  2 Jan 2023, retail.economictimes.indiatimes.com​​
  The top three drivers for satisfaction on overall smartphone sales support are satisfaction on trade/sell out schemes, transparency in process and timely payout, according to the report by CyberMedia Research (CMR)…
• Dabur completes acquisition of 51% stake in Badhshah
  2 Jan 2023, financialexpress.com​​
  On October 26, Dabur had announced Badshah’s acquisition for Rs 587.52 crore less proportionate debt as on the closing date, with the Badshah enterprise being valued at Rs 1,152 crore…
• 10-15% local retailers in small towns shifting their operations online: Coutloot
  2 Jan 2023, retail.economictimes.indiatimes.com​​
  Coutloot, an e-commerce player, said nearly 10-15% of local retailers have shifted from physical stores to tech-enabled apps, as part of their strategy to completely move their operations online and save costs. The company, a non-grocery non-MRP retail platform connects millions of sellers and merchants with small and medium manufacturers by eradicating the agents from the system…
• Mayur Hola joins Everstone’s food venture, Culinary Brands as CMO
  2 Jan 2023, retail.economictimes.indiatimes.com​​
  Last year, Everstone signed on as the master franchisee for Subway for India, Sri Lanka, and Bangladesh. Everstone has announced that it plans to open about 2,000 Subway outlets in India, Sri Lanka and Bangladesh. Culinary Brands has also recently signed an exclusive license for the Lavazza brand in India. It also acquired from Lavazza Group a significant majority stake in Fresh & Honest Cafe Limited (F&H)…
• Swiggy’s losses jump 2X to Rs 3,629 crore in FY22, layoffs coming
  2 Jan 2023, retail.economictimes.indiatimes.com​​
  Swiggy’s revenue grew 2.2 times to Rs 5,705 crore during FY22 as opposed to Rs 2,547 crore in FY21…
• Swiggy’s losses jump 2X to Rs 3,629 crore in FY22, layoffs coming
  2 Jan 2023, retail.economictimes.indiatimes.com​​
  Swiggy’s revenue grew 2.2 times to Rs 5,705 crore during FY22 as opposed to Rs 2,547 crore in FY21…
• Deals Likely To Return, Rural Rebound Seen For Consumer Goods Sector In 2023
  2 Jan 2023, bqprime.com​​
  Coming off lackluster sales volume for most part of 2022, the fast-moving consumer goods industry is looking forward to the new year with hopes of consumption recovery and easing inflationary pressure on margins…
• What sectors should retail investors bet on in 2023? 6 analysts have to say this
  2 Jan 2023, mintgenie.livemint.com​​
  The year 2022 ended with low single-digit gains for the domestic equity benchmarks the Sensex and the Nifty…
• All-time liquor sale in Kerala on a high during New Year eve: BEVCO
  2 Jan 2023, retail.economictimes.indiatimes.com​​
  On December 31, 2022, around Rs 107 crore worth of alcohol was sold from the 268 BEVCO outlets across the State, the source said…
• With chilly weather, Ludhiana’s hosiery sector expects clearance of winter wear stock
  2 Jan 2023, retail.economictimes.indiatimes.com​​
  Biting cold weather conditions have been prevailing in the region for the past many days with minimum temperature ranging between 2 and 7 degrees at several places in Punjab and Haryana…
• Zomato registers 45% surge in order volumes on New Year’s Eve compared to 2021
  2 Jan 2023, retail.economictimes.indiatimes.com​​
  Zomato CEO Deepinder Goyal urged customers to order in early to avoid the year end rush and cautioned against a potential server crash..
• New Year Eve orders jump 30-35% at cloud kitchens, restaurants
  2 Jan 2023, retail.economictimes.indiatimes.com​​
  Restaurants and cloud kitchens saw a 30-35% increase in order volumes on Saturday — as people celebrated New Year’s Eve — compared with December 31, 2021, several people told ET…
• Real estate surge: 60 malls lined up for seven cities between 2023 & 2025
  31 Dec 2022, freepressjournal.com​​
  G Kamala Vardhana Rao has taken over the charge as the CEO of food regulator FSSAI. According to a statement, Rao, an IAS officer, took charge as the Chief Executive Officer (CEO) of the Food Safety and Standards Authority of India (FSSAI) on Thursday…
• G Kamala Vardhana Rao takes charge as new CEO of FSSAI on Thursday
  31 Dec 2022, retail.economictimes.indiatimes.com​​
  G Kamala Vardhana Rao has taken over the charge as the CEO of food regulator FSSAI. According to a statement, Rao, an IAS officer, took charge as the Chief Executive Officer (CEO) of the Food Safety and Standards Authority of India (FSSAI) on Thursday…
• FMCG sales grow despite high costs
  31 Dec 2022, retail.economictimes.indiatimes.com​​
  The expansion came despite unprecedented inflation and global commodity headwinds following the Russia-Ukraine war. The number highlights how businesses found a way to deal with challenges and close the calendar year in positive terrain…
• Draft Retail Policy proposes centralised inspection, single window for licences
  31 Dec 2022, retail.economictimes.indiatimes.com​​
  The policy is not intended for e-commerce, direct selling, multi-level marketing or street vendors and the government intends to provide a national common framework for development of retail sector across the country through it…
• Swiggy pilots premium grocery business with Handpicked
  31 Dec 2022, retail.economictimes.indiatimes.com​​
  Unlike its quick commerce business Instamart, the products listed on Handpicked will only be delivered the next day, and consumers can only access the service through invites…
• Yashika Luthra Designs Opens Flagship Design Studio in New Delhi
  30 Dec 2022, indianretailer.com​​
  Yashika Luthra Designs, a new-age interior design studio launched their store at MG Road a Destination for Designer furniture shopping in Delhi. Spread over 4000 square feet area, Yashika Luthra Designs celebrates style and design in the world of luxury with the opening of its flagship store. This debut store is a fascinating experience that combines substance and elegance with minimalism. Designed by Founder Yashika Luthra the Store offers furniture, accessories, and interior décor services…
• Max Store Expands Offline Presence, Opens New Store in Korum Mall
  30 Dec 2022, indianretailer.com​​
  KORUM mall, one of the favorite malls of Thane, is offering extra cheer to the customers for the ongoing holiday season. To provide its consumers with unending excitement through various events, activities, décor, deals, and other activities, the mall has decked up as a major festive destination for shopping lovers…
• Luxury shopping gets a festive sparkle, basks in celebratory spirit
  30 Dec 2022, business-standard.com​​
  As the year draws to a close and people slip into celebratory spirit, shopping for luxury has been on the rise one of Delhi’s two luxury malls (the other being The Chanakya) – have been busy. Home to brands like Gucci, Michael Kors, Jimmy Choo, Burberry, Cartier and Canali, the mall has had more buyers in the last two months than in the whole of 2022…
• PepsiCo India to strengthen presence in namkeen segment with Kurkure Playz range
  30 Dec 2022, thehindubusinessline.com​​
  PepsiCo India is set to launch a sub-brand for Kurkure for the first time, in a bid to strengthen its presence in the namkeen segment. The company’s Kurkure Playz platform has been launched to corner a larger share in the soft namkeen segment, which is largely dominated by regional and unorganised players…
• Alcohol cos cheer as December looks merry for them
  30 Dec 2022, livemint.com​​
  On-premise as well as in-home alcohol sales is likely to rise during the New Year weekend. While many high-end alcohol retailers said pre-purchase of alcoholic beverages for year-end celebrations was seen through December, sales may pick up at the last minute, as was seen over the Christmas weekend…
• Consumer goods firms do not see any disruption from new COVID wave
  30 Dec 2022, retail.economictimes.indiatimes.com​​
  Companies selling both essentials and non-essentials said they are completely prepared to replenish stock even if there is any pantry loading by consumers, and also ensure their back-end is not impacted, executives said…
• Will the Ready-to-Eat Category Expand its Footprint in India
  30 Dec 2022, indianretailer.com​​
  With the busy lifestyles of the millennial workforce, the increase in gross family income, and with nuclear families and work-from-home becoming the norm, consumers seeking convenient food options, the ready-to-eat (RTE) and ready-to-cook (RTC) categories have been seeing a lot of action…
• India’s Lotus Chocolate rises 5% on selling majority stake to Reliance Retail
  30 Dec 2022, reuters.com​​
  BENGALURU, Dec 30 (Reuters) – Shares of Lotus Chocolate Co (LOTU.BO) rose 5% on Friday, a day after a unit of Reliance Retail Ventures agreed to buy a majority stake in the Indian chocolate maker for 740 million rupees ($8.94 million)…
• Premium products drive sales of consumer durables in FY23
  30 Dec 2022, financialexpress.com​​
  In FY22, the industry saw premium segments faring much better than mass products as inflation continued to hit customer spending in the segment…
• Aristocrat whisky maker plans to trim debt by half in FY24
  30 Dec 2022, retail.economictimes.indiatimes.com​​
  The spirits maker will focus on premiumising its portfolio in the Indian Made Foreign Liquor (IMFL) market to shore up margins. The company plans to premiumise brands like the AC Black, Royal Pride and Damn Good Scotch, which, Jaiswal said, would contribute to a healthier bottom line. In the latter part of next year, it will introduce a single malt…
• Gold jewellery retailers likely to post 23-25% revenue growth
  30 Dec 2022, retail.economictimes.indiatimes.com​​
  Crisil Ratings is projecting the jewellers to post 23-25% revenue growth in fiscal 2023, on top of a 36% expansion last fiscal year when the comparison was aided by the low base of the pandemic-hit fiscal 2021…
• Montblanc eyes travel retail, smaller cities to fuel its expansion
  30 Dec 2022, retail.economictimes.indiatimes.com​​
  “The sale of both writing instruments and other products such as bags, perfume and accessories have increased but share of other products in overall sale has also grown. We are targeting airport retail – both duty free and duty paid to grow as we get variety of customers, which we won’t get in a traditional store,” said Neeraj Walia, Managing Director & CEO, Montblanc India Retail Private Limited…
• BigBasket pilots large format offline retail model in Hyderabad
  30 Dec 2022, retail.economictimes.indiatimes.com​​
  Over“This is not a normal supermarket as there will be no tellers to do the billing. Technology will enable self-billing by customers,” said BigBasket co-founder SV Sudhakar, adding supermarts will stock about 4,000 SKUs (stock keeping units) of fruits & vegetables as well as dry grocery and FMCG goods as compared to the 50,000-odd SKUs in the online model…
• Tata Consumer Products Ltd acquires 23 per cent additional stake in South Africa-based Joekels
  30 Dec 2022, retail.economictimes.indiatimes.com​​
  Over the cost of the acquisition of the stake, the Tata group FMCG arm said it is for a consideration value of Rs 43.65 crore plus the adjustment amount…
• Reliance to buy 51% stake in Lotus Chocolate for Rs 74 crore
  30 Dec 2022, retail.economictimes.indiatimes.com​​
  The capital infused by the FMCG arm of Reliance Industries will help drive the growth and expansion of Lotus into a comprehensive confectionery, cocoa, chocolate derivatives and related products manufacturer across industrial and consumer market spectrum, it said in a statement…
• Borosil Forays into Home Décor Range
  29 Dec 2022, indianretailer.com​​
  Whether your style is minimalistic, avant-garde, or simply surrealistic, nothing can add opulence to your home much like statement home décor pieces. When it comes to decorating the interiors of your home, giving it a personal touch is essential…
• As a step towards strengthening the brand’s retail footprint across the country, ASUS India, a Taiwanese tech giant launched an exclusive store in Hubli.
  29 Dec 2022, telegraphindia.com​​
  Remember the time when exploring the mirror maze at Science City was the highlight of your summer vacation? Well, if you’re looking to bring out the inner child in you, visit the Hamleys outlet at South City Mall…
• Get lost… in Hamleys new Mirror Maze at South City Mall
  29 Dec 2022, telegraphindia.com​​
  Remember the time when exploring the mirror maze at Science City was the highlight of your summer vacation? Well, if you’re looking to bring out the inner child in you, visit the Hamleys outlet at South City Mall…
• Why a shift towards ‘consumer commerce’ will take centre stage in 2023
  29 Dec 2022, livemint.com​​
  India today is a consumption hub that is dominating the future global retail trends. In the medium and long-term, we believe that a stronger domestic demand will help India ride on the growth wave…
• Foldable phone shipments in India to grow 20-30% in 2023
  29 Dec 2022, livemint.com​​
  Domestic foldable phone shipments are likely to see a rise of 20-30% next year, after 2022 saw an increase of more than 50%, both globally and in India…
• Not Amazon or Flipkart, but B2B e-commerce is silently turning the wheels of the economy
  29 Dec 2022, retail.economictimes.indiatimes.com​​
  Driven by necessity during the pandemic and by the government’s broader push for digitisation of commerce, B2B marketplaces are now an integral part of the operations of retailers, wholesalers, distributors, and even your friendly neighbourhood kiranas…
• Zomato Gold to make a comeback; CEO Deepinder Goyal shares teaser
  29 Dec 2022, retail.economictimes.indiatimes.com​​
  On Thursday, Zomato founder and CEO Deepinder Goyal tweeted a teaser of the company’s loyalty programme…
• Retail industry: Consolidation wave likely to continue in 2023 amid Covid clouds
  29 Dec 2022, retail.economictimes.indiatimes.com​​
  The wave of consolidation is likely to hit the shores of the country’s fast-growing retail industry next year also as larger players seek to strengthen their footprints, leverage technologies to improve efficiency and expand beyond metros…
• Ambience Mall reveals Victoria’s Secret
  29 Dec 2022, retail.economictimes.indiatimes.com​​
  With the onset of winter holiday season, consumers kick off their celebrations visiting popular destinations and sharing gifts as a secret Santa…
• Luxury firms race to fill top roles amid business boom
  29 Dec 2022, retail.economictimes.indiatimes.com​​
  Companies across fashion, jewellery, realty and, what’s increasingly being referred to as ‘experiential luxury’, are scurrying to hire CXOs and niche talent as they scale up business following an escalation in growth. This has also resulted in skyrocketing salaries at CXO levels, executive search firms said…
• India a large market, must be seen like a continent: Heineken
  29 Dec 2022, retail.economictimes.indiatimes.com​​
  “There are some parallels to draw with China 20 years ago. India is more of a continent than a country and to really understand this large and complex market, you would have to de-average the market,” Jacco van der Linden, president APAC at Heineken, told analysts during its Capital Markets event…
• Blinkit, boat partner to deliver headphones, accessories
  29 Dec 2022, retail.economictimes.indiatimes.com​​
  “boAt is extremely popular, and we are thrilled to have them on board with us. Starting with headphones, we’ll soon add more popular products such as boAt smartwatches and high-end speakers from the boAt portfolio,” Albinder Dhindsa, co-founder and CEO of Blinkit, said in a statement…
• The Body Shop Expands Offline Presence, Opens Store in Arunachal Pradesh
  28 Dec 2022, indianretailer.com​​
  The Body Shop has entered Arunachal Pradesh with a store in the state’s capital city Itanagar. The 500 sq. ft. store offers an array of cruelty-free vegetarian, vegan and sustainable products…
• Tata Brings All E-Commerce Ventures under Digital Biz
  28 Dec 2022, indianretailer.com​​
  Tata Digital will become the sole entity for all online shopping ventures of the Tata group such as Big Basket, Tata Neu, and Croma…
• Bonito Designs Appoints Rajamohan Jabbala as CTO
  28 Dec 2022, indianretailer.com​​
  Home interior design company Bonito Designs has made changes in its leadership with the appointment of Rajamohan Jabbala as CTO…
• Simpli Namdhari’s Expands Offline Presence, Opens Store in Bengaluru
  28 Dec 2022, indianretailer.com​​
  Simpli Namdhari’s, India’s only 100 percent vegetarian omnichannel retailer operating 8 supermarkets across the garden city has opened a new store in Yelahanka. This store in the northern part of Bengaluru is the latest example of Simpli Namdhari’s commitment to customer service and offers a complete grocery experience…
• Lotto Expands Offline Presence, Opens Store in Punjab
  28 Dec 2022, indianretailer.com​​
  Italian sports equipment manufacturer, Lotto opened its latest store in Mansa, Punjab. This is the brand’s 35th store opening of the year through Sports Station India Private Ltd. (SSIPL) which commenced its retail and shop-in-shop (SIS) business for the brand in the year 2011…
• Too Faced Expands Offline Presence, Opens Store in Delhi
  28 Dec 2022, indianretailer.com​​
  Too Faced Cosmetics’ new store is now operational at Select Citywalk, Saket, Delhi, announced Vandana Singh, Leasing Senior Executive at Select Citywalk in a LinkedIn post. Too Faced Cosmetics entered the Indian market in 2021. The first store was opened in DLF Promenade Mall, Vasant Kunj, New Delhi…
• Lee Cooper bolsters its retail presence by opening new stores across India
  28 Dec 2022, apparelresources.com​​
  Lee Cooper, an English-American clothing and footwear label headquartered in London, has opened two new stores in India, in the cities of Pune and Manipal apart from Indore and Gwalior which were launched last week and last month respectively…
• D2C food brand Spice Story sees offline stores contributing two-thirds of its sales
  28 Dec 2022, retail.economictimes.indiatimes.com​​
  The company partnered Jayanti Herbs and Spice for its offline expansion in August when online sales contributed 60%. The company said fill rates in modern trade have gone up to 91% from the average 76% post the tie-up, resulting in business volume growth of 30%. A shift from unorganised to packaged goods also helped, it said…
• D2C cos find new homes in funding winter
  28 Dec 2022, livemint.com​​
  Large conglomerates are finding it easier to buy out direct-to-consumer (D2C) brands amid a funding crunch for unprofitable startups…
• Business strategies for the new age FMCG/D2C brands to accelerate growth in 2023
  28 Dec 2022, retail.economictimes.indiatimes.com​​
  An enormous shift in the structure of the Indian retail market was ushered in by the arrival of 4G, the proliferation of smartphones, and widespread internet access. Brands were able to grow more rapidly than ever before with the advent of ecommerce marketplaces and internet buying. Nonetheless, the worldwide pandemic shook things up, which sparked creativity and brought novel business trends to the fore for the new-age FMCG brands operating within the D2C sphere. The three Cs—commercialism, consumerism, and coherence culminated in contentment, both for the consumer and the company…
• 2022 Year in Review | Udaan, Ola and Oyo log most senior executive exits this year
  28 Dec 2022, retail.economictimes.indiatimes.com​​
  At least 50 top executives – ranging from C-suite to category and business heads – left Udaan in 2022, as the company grappled with funding and business model issues, even as two of its founders moved away from active roles over the course of the year…
• Quick commerce players focus on profitability, expansion in Tier 2 cities
  28 Dec 2022, thehindubusinessline.com​​
  Quick commerce (10-30 minute grocery delivery) companies have had a mixed bag of a year. While the prominent, well-funded players such as Swiggy Instamart, Dunzo and Zepto grew multifold in 2022, smaller companies such as Fraazo shut down operations amid the funding winter…
• Events, eateries may see brisk business this New Year’s Eve
  28 Dec 2022, livemint.com​​
  This New Year’s Eve, restaurants and event planners are looking forward to welcoming back large crowds and fully booked venues after enduring two pandemic-ridden years with limited mobility and restrictions on gatherings…
• Appliances, consumer electronics sector aims double-digit growth, production capacity expansion in 2023
  28 Dec 2022, retail.economictimes.indiatimes.com​​
  Learning the hard way in the wake of the global supply chain disruptions caused by the coronavirus pandemic and prolonged lockdown in China, leading companies in the sector are focusing on enhancing production capacity as well as domestic supply chain to reduce dependence on imported components…
• Sheela Foam to acquire rival mattress maker Kurlon for Rs 2,000 crore, says report
  28 Dec 2022, retail.economictimes.indiatimes.com​​
  Kurlon sells Kurl-on branded mattresses and it has presence across India with more than 10,000 dealers, 72 branches and stock points. Kurlon also has nine manufacturing facilities across Karnataka, Odisha, Madhya Pradesh, Uttaranchal and Gujarat…
• Miniso looks to expand in tier 1 cities of India, increase its online presence
  28 Dec 2022, indianretailer.com​​
  In terms of strategies, Miniso is working on deepening consumer engagement and driving an omnichannel experience. Tu shared, “We are not only expanding our brick-and-mortar retail network, but also have plans to cooperate with local e-commerce platforms.”…
• How Slurrp Farm is Deploying Innovative Strategies to Win Loyal Consumers
  28 Dec 2022, indianretailer.com​​
  Wholsum Foods’ flagship brand, Slurrp Farm was born when Meghana Narayan and Shauravi Malik became mums. They wanted high-quality and nutritious food options for their own children but were unfortunately unable to find anything…
• Year Ender: How India is embracing New-Age Beauty and Personal Care Brands
  28 Dec 2022, indianretailer.com​​
  With the eventful year of 2022 coming to an end, every Indian can be seen to rejoice and prep for the new year as the same is happening after a pandemic-struck hiatus of 2 long years…
• Instacart cuts internal valuation to $10 billion- The Information
  28 Dec 2022, retail.economictimes.indiatimes.com​​
  The company, whose new valuation is 20% lower from $13 billion in October, has been cutting its valuation this year, beginning with a 40% reduction in March…
• Miniso looks to expand in tier 1 cities of India, increase its online presence
  28 Dec 2022, retail.economictimes.indiatimes.com​​
  In terms of strategies, Miniso is working on deepening consumer engagement and driving an omnichannel experience. Tu shared, “We are not only expanding our brick-and-mortar retail network, but also have plans to cooperate with local e-commerce platforms.”..
• Acquisition to expand customer base, add to store count: Reliance increases B2B, grocery heft with Metro buyout
  28 Dec 2022, financialexpress.com​​
  Reliance Retail’s acquisition of Metro Cash & Carry (Metro India) will strengthen the business-to-business presence of Reliance Industries (RIL) by improving its reach geographically and adding more customers, and will give a push to its new commerce initiative, analysts said…
• Tatas bring all ecommerce ventures under digital business
  28 Dec 2022, retail.economictimes.indiatimes.com​​
  The group last week increased the authorised share capital of Tata Digital by Rs 1,000 crore to Rs 21,000 crore and infused Rs 750 crore into the company, as per filings with the Registrar of Companies. In the filings, Tata Digital said the authorised capital was increased considering its business plans, repayment of debt and the investments to be made from time to time…
• JUSTDOGS Launches its New Avatar ‘JUSTDOGS – Unconditionally Yours’
  27 Dec 2022, indianretailer.com​​
  JUSTDOGS, an omnichannel retailer of pet care products and services, has unveiled a new avatar as a key step towards accelerating the brand’s growth in the next phase…
• Retail Industry Witnesses 19 pc Rise in Sales during April to November 2022
  27 Dec 2022, indianretailer.com​​
  India’s retail industry saw a 19 percent rise in sales over pre-pandemic levels during the April-November 2022 period riding on the back of strong performance of segments such as quick service restaurants and footwear…
• Retail leasing likely to have promising growth in 2023
  27 Dec 2022, financialexpress.com​​
  According to a CBRE report, India witnessed an increase of 114 percent YoY in retail leasing between January and September 2022 while supply increased by 102 percent QoQ in Q3 2022…
• Foldable Shop Concept launched for the first time by Amitoje India
  27 Dec 2022, livemint.com​​
  Amitoje India has recently launched a completely foldable 8 feet by 8 feet Store for the first time in India. This is a one of its kind kiosk that could be used in an outdoor setting or a mall to promote a certain brand for events or on ground promotions…
• Arrow Expands its Retail Presence, Opens New Store in Bengaluru’s GVK Nexus Mall
  27 Dec 2022, indianretailer.com​​
  Arrow, one of the leading professional menswear brands from the house of Arvind Fashions Limited, has launched a palatial new store in GVK, Nexus Mall, Whitefield, Bengaluru. The addition of this store signifies the brands’ robust expansion plans in the city…
• Hisense India rejigs top management
  27 Dec 2022, retail.economictimes.indiatimes.com​​
  Hisense India is looking to ramp up its business operations, improve work environment, and empower local teams, to aggressively foray into the TV and other appliances business in 2023…
• 5% rise in alcohol sales during Christmas, says BEVCO
  27 Dec 2022, retail.economictimes.indiatimes.com​​
  On Christmas eve, there were sales for around Rs 90 crore from BEVCO outlets. This was slightly less than last year, but the sale receipts from the outlets were not yet in, said the source. Therefore, the figure could go up, according to the source…
• FMCG in 2023: Industry experts pin their hopes on moderating inflation, rural revival, and demand for packaged food
  27 Dec 2022, retail.economictimes.indiatimes.com​​
  “There has been a consumption revival and renewed customer confidence in 2022, and we expect this demand improvement to continue into 2023,” said Juan Pablo Rodriguez, CEO, Hindustan Coca–Cola Beverages (HCCB)…
• FMCG industry hopes to recover lost volume, margins in 2023; to shrug off shrinkflation
  27 Dec 2022, retail.economictimes.indiatimes.com​​
  FMCG companies are “cautiously optimistic” and expect the rural market, which accounts for more than one-third of the overall sales, to bounce back in 2023 riding on a good harvest season, government impetus, and improvement in farm income. Besides, they expect the tailwinds of emerging channels like modern trade and e-commerce driving urban demand, and from a rise in premium discretionary categories…
• The dream run of retail aggregator ElasticRun
  27 Dec 2022, brandequity.economictimes.indiatimes.com​​
  The b2b ecommerce platform for rural India claims to have the key to unlock a rural market valued at nearly USD 600 billion. “When you go to the rural market, your fulfilment capability, transportation, your ability to run at the lowest cost and the best fulfilment engine is the core product…
• Acropolis Mall’s Flavours of Bakery added more sweetness to Christmas
  27 Dec 2022, telegraphindia.com​​
  The fourth edition of Flavours of Bakery spread the Yuletide cheer at Acropolis Mall with a smorgasbord of baked goodness from different city brands. The Cake Boutique, Khadure, Royale Confectioners, Flurys, Cakelicious, Mambo’s and Bakery by The Lalit Great Eastern lured gourmands with their signature flavours…
• With Sunflame in fold, V-Guard’s kitchen appliances business to touch 500 cr
  27 Dec 2022, financialexpress.com​​
  V-Guard Industries had announced that it has signed definitive agreements for acquiring 100% stake in Sunflame Enterprises Pvt Ltd (SEPL) for a consideration of `660 crore…
• JSW paints plans to double its revenue to Rs 2,000 cr in FY23
  27 Dec 2022, retail.economictimes.indiatimes.com​​
  Achieving that revenue target will also help the company break into profitability in the decorative paints business, AS Sundaresan, chief executive officer, JSW Paints, told ET. Its industrial coatings business is already profitable, he said…
• Farzi cafe owner to raise funds soon for expansion
  27 Dec 2022, retail.economictimes.indiatimes.com​​
  “We are looking for a fund raise because the business is growing rapidly and we are getting a great response,” Massive Restaurants MD Zorawar Kalra said. “We are now going to grow the cloud business very fast through company owned outlets – no franchising to begin with. We are looking at raising funds very soon.”…
• Textile, apparel units in many states issue Covid advisory
  27 Dec 2022, retail.economictimes.indiatimes.com​​
  The Surat Municipal Corporation held a meeting with representatives of textile and diamond trade to discuss the Covid-19 situation and said it is looking at how to provide booster doses to the workers. The diamond and textile units in Surat together employ about 2.8 million people…
• Meesho is beefing up its product capabilities to turn profitable
  27 Dec 2022, financialexpress.com​​
  The startup has been in the news recently for being vocal about turning profitable in the next couple of years ahead of meeting its IPO goal…
• DPIIT considering quality control norms for lighters, sports goods
  27 Dec 2022, retail.economictimes.indiatimes.com​​
  The department has floated draft control orders for all these products after consulting the Bureau of Indian Standards (BIS)…
• Trends, inflation and consumer demand – Industry leaders share their outlook on retail in 2023
  27 Dec 2022, retail.economictimes.indiatimes.com​​
  Industry experts from key retail segments such as fashion and lifestyle, food services, consumer electronics, and beauty and personal care share their insights and outlook for the retail industry in 2023…
• Nestle, Panasonic, Dabur & Wipro Consumer Care among cos planning to focus more on D2C marketing
  27 Dec 2022, retail.economictimes.indiatimes.com​​
  Despite low sales on the individual platforms, executives said they use their microsites as launch platforms, to collect consumer data, build loyalty and then roll out in other larger channels for volumes, or direct consumers to scale platforms like Amazon or Flipkart…
• IKEA to Invest Rs 4,000 cr in Retail Stores in UP
  26 Dec 2022, indianretailer.com​​
  Known for its affordable wide range of well-designed, functional home furnishing products, IKEA may have footprints in Uttar Pradesh soon…
• Indian Smartwatch Players Aim to Beat Global Rivals
  26 Dec 2022, indianretailer.com​​
  The Indian smartwatch market has not only grown exponentially on the home turf but has also performed exceptionally well at the global level…
• Hang Ten to enter the Indian market with Bradford via licensing
  26 Dec 2022, indianretailer.com​​
  The surf-inspired fashion and lifestyle brand of US, Hang Ten, will launch its clothing collection and a number of new product categories in India via Bradford…
• Ultrafresh Expands Offline Presence, Opens Store in Bihar
  26 Dec 2022, indianretailer.com​​
  Modular kitchen company Ultrafresh Modular Solutions Ltd has launched its fifth ‘One-Stop-Shop’ studio at Katihar in Bihar. Spread across 900 sq ft, the studio offers a range of modular kitchens, wardrobes, displays, and storage units in acrylic and laminate finish. It also offers customers an option to customize and design their kitchens…
• Arjun Kilachand Opens Flagship Store in South Mumbai
  26 Dec 2022, indianretailer.com​​
  Arjun Kilachand unveils a new flagship store in the heart of South Mumbai’s epochal Queen’s Necklace. The menswear ceremonial design house, which is one of the most sought-after brands in India’s luxury space, embarks on a new retail chapter by opening an immersive and experiential store (approximately 2000180 square feet in size) in the heritage Art Deco building located between at the iconic Matralaya and Cooperage Garden junction. at Nariman Point…
• Infibeam Avenues Looks At Retail CBDC Operations
  26 Dec 2022, bqprime.com​​
  If the RBI approves, Infibeam would be one of the first few non-bank players to participate in the retail CBDC ecosystem…
• ForeverNykd by Nykaa Opens Store in Hyderabad
  26 Dec 2022, indianretailer.com​​
  Nykd by Nykaa has opened a store at the Sarath City Capital Mall in Hyderabad. The brand initially launched with a range of four collections that featured panties and sleepwear and now has expanded its collection by including athleisure as well…
• Forever 21 Expands Offline Presence, Opens 2nd Store in Chennai
  26 Dec 2022, indianretailer.com​​
  Fast fashion retailer brand Forever 21 has launched its second store in Chennai at Phoenix Palladium. It also has an existing store at Express Avenue Mall in the city. The brand offers clothing and accessories for women, men, and kids…
• Lee Cooper Expands Offline Presence, Opens Two Stores in India
  26 Dec 2022, indianretailer.com​​
  London-based English-American clothing and footwear brand, Lee Cooper has opened two new stores in India, one in Pune and Manipal…
• Paytm Payments Bank partners with Nexus Malls to help users to digitally pay at parkings with FASTag
  26 Dec 2022, cnbctv18.com​​
  India’s homegrown Limited (PPBL) on Monday announced that it has partnered with Nexus Malls, one of India’s real estate retail platforms, to facilitate convenient payments for car parking at their malls using FASTag…
• Outlook for commercial realty remains positive in 2023, any pain in office leasing may be short-lived
  26 Dec 2022, financialexpress.com​​
  A very strong rebound in Grade A office spaces is likely in 2023 and the vacancy rates in these office parks should continue to reduce while Grade B spaces may find it more challenging…
• Ultrafresh keeps up its date with tier-2/3 cities, expands retail studio presence in Bihar
  26 Dec 2022, retail4growth.com​​
  Ultrafresh Modular Solutions Limited has over 120 studios across India out of which around 45 studios are situated in the eastern region of India…
• Jack Daniel’s India appoints BBDO India as its integrated communications agency
  26 Dec 2022, brandequity.economictimes.indiatimes.com​​
  As part of the mandate, BBDO India will be responsible for handling creative strategy and execution for the Indian market and localisation of global campaigns, apart from managing social, packaging, retail design and mainline creative functions in India for Jack Daniel’s, the company stated in the press release. It is a multi-agency pitch…
• Bars, eateries look to non-metros for growth
  26 Dec 2022, retail.economictimes.indiatimes.com​​
  According to an analysis by CBRE, Chandigarh, Jaipur, Ahmedabad, Kochi, Thiruvananthapuram, Lucknow, Indore, Bhubaneshwar, Visakhapatnam and Coimbatore will be new growth cities for retail consumption in the country. “Quality space has started coming to smaller cities as well and people there have to travel to the nearest town to enjoy nightlife. Many pubs have seen this as an opportunity and have planned expansion,” said Shriram PM Monga, co-founder of retail consultancy firm SRED…
• Premium products drive footfall and rentals in malls in H1
  26 Dec 2022, financialexpress.com​​
  According to rating agency Icra, the trading density is expected to remain firm till March 2023 given the impact of the festive season…
• Fashion & clothing to lead India’s growth spurt for the next decade says Indian Terrain’s MD
  26 Dec 2022, retail.economictimes.indiatimes.com​​
  Charath Ram Narsimhan, managing director of Indian Terrain Fashions thinks “Fashion & Clothing to lead India’s growth spurt for the next decade”…
• Pomp and grandeur return to Christmas celebrations across India after Covid gap
  25 Dec 2022, indianexpress.com​​
  After two years, people celebrated Christmas on Sunday across cities in a grand manner. Colourful lights adorned churches and people offered prayers and attended the Holy Mass at midnights. Malls and other buildings were also lit up…
• Funding winter for start-ups may last another 12 to 18 months: Flipkart CEO
  25 Dec 2022, business-standard.com​​
  Thousands lost jobs amid deepening funding winter in 2022 as massive layoffs by the tech companies this year alone surpassed the levels from the Great Recession…
• Merry Commerce: The great Indian festive season is not over yet
  25 Dec 2022, retail.economictimes.indiatimes.com​​
  The great Indian festive season from Navratri to Diwali has got a welcome extension to Christmas, as companies are ready with product launches and discounts…
• DPIIT seeks views of different ministries on draft national retail trade policy
  25 Dec 2022, retail.economictimes.indiatimes.com​​
  The policy would focus on formulating strategies to provide a globally competitive and sustainable environment for overall development of retail trade through targeted efforts…
• Gifting Startup Winni to add 150 retail outlets in 3 months
  24 Dec 2022, yourstory.com​​
  The bootstrapped startup announced the opening of its 250th retail outlet in Patna which is the 67th franchise in Bihar…
• Merry Commerce: The great Indian festive season is not over yet
  24 Dec 2022, economictimes.indiatimes.com​​
  Anita Chawla, a US-based lawyer, was in for a surprise on her trip to Mumbai last month. A Rs 1.2 lakh clutch purse by her favourite couturier was available for Rs 80,000 — and she splurged on it. Like Chawla, Indians are out with their shopping bags…
• METRO buy to beef up RIL’s retail expansion plans, create long-term value
  24 Dec 2022, retail.economictimes.indiatimes.com​​
  METRO’s annual revenue run rate is about Rs 7,000 crore, and it is expected to add around 15% to the current B2B and grocery segment for RIL, Motilal Oswal Securities said…
• Culinary Hotels and restaurants step up vigil, take steps to keep Covid at bay
  24 Dec 2022, business-standard.com​​
  While the surge in Covid cases in China has sparked global concerns, India is well prepared to meet any challenge…
• Culinary Brands announces partnership with Lavazza in India
  24 Dec 2022, retail.economictimes.indiatimes.com​​
  The Italian Luigi Lavazza S.p.A. group had exited the cafe business in India in 2014 when it sold off its stake in Barista Coffee to local company Carnation Hospitality. Lavazza has since then focused on its Fresh & Honest coffee brewing machine business…
• Retail industry sees 19% rise in sales during Apr-Nov 2022: Report
  24 Dec 2022, retail.economictimes.indiatimes.com​​
  “The industries that did particularly well during this period were the QSR (quick service restaurant) and the footwear industries, with a 30 per cent growth compared to 2019,” RAI said…
• Babywear brand MiniKlub eyeing Rs 150 crore revenue in FY23 as it expands retail presence
  24 Dec 2022, retail.economictimes.indiatimes.com​​
  The company is looking to expand with another 26 exclusive brand outlets(EBOs) this fiscal ending March 2023 and it expects to touch a total of 150 stores in the next two years. Currently, it has 47 stores and is expanding with 3 more EBOs in Tirupati, Trichy and Jodhpur in this month…
• FreshToHome Enabled 3.6 cr Deliveries in 2022
  23 Dec 2022, indianretailer.com​​
  ​​FreshToHome, the world’s largest fully integrated online e-commerce brand in fresh fish and meat, has announced some fun facts and delightful trivia about its customers’ preferences in the platform that took the brand by storm and surprise this year!…
• How D2C companies are powering SMEs & MSMEs in India
  23 Dec 2022, retail.economictimes.indiatimes.com​​
  ​​MSMEs can expand their markets via the D2C model by adopting digital technology. In contrast to traditional export markets, a direct-to-consumer strategy enables MSMEs and SMEs to reach the consumer directly, realise higher value for the products/services, develop their own brand, and receive immediate feedback. MSMEs can provide individualised service to their clients and gain the competitive edge they require by implementing the D2C model…
• How Bright is the Future of Retail in India
  23 Dec 2022, indianretailer.com​​
  ​​Will this volatility affect the Indian consumer durable market? The Indian retail industry is undergoing major changes currently. It has much to do with the boom in e-commerce and a sharp decline in physical retail space for many product categories…
• Cinepolis Acquires 35,000 sq. ft. Area At Migsun Migente Mall
  23 Dec 2022, indianretailer.com​​
  ​​Famous cinema brand, Cinepolis, has acquired a robust 35,000 sq. ft. area at Migsun Migente Mall, Raj Nagar Extension, Ghaziabad. With the aim of setting up 4 screens at the projects, Cinepolis will offer the most happening visual experience to its customers, laced with the most advanced equipment. The theatre is planned to be a 4-screen space that has the capacity toattain __ viewers simultaneously…
• India smartphone market to grow 10% in 2023 after a dip this year: Report
  23 Dec 2022, livemint.com​​
  ​​Smartphone shipment in India is projected to grow 10% year-on-year (YoY) in 2023 after an estimated decline of 5% this year, according to a new report by Counterpoint Research published Friday. The total number of smartphone shipments in 2023 is expected to reach 175 million…
• OnePlus to explore new manufacturing investments in India, says founder Pete Lau
  23 Dec 2022, retail.economictimes.indiatimes.com​​
  ​​The brand recently forayed into the IT peripherals segment with the launch of its monitors and will also launch its keyboards.It had previously launched TWS audio, smartwatch and smartbands in India…
• Lifestyle brand Hang Ten appoints Bradford to enter Indian Market
  23 Dec 2022, retail.economictimes.indiatimes.com​​
  ​​Planning to expand its global footprint, Hang Ten will sell other products in addition to its core surf wear business. Hang Ten will now be growing its reach by offering licensing options in a variety of categories all over the world…
• Dunzo records 3X growth in orders for women hygiene products
  23 Dec 2022, retail.economictimes.indiatimes.com​​
  ​​The report also highlighted that in 2022, Indians tipped nearly Rs 3 crore on the Dunzo app as a gesture of appreciation…
• Instacart cofounder Apoorva Mehta stole trade secrets, alleges lawsuit
  23 Dec 2022, retail.economictimes.indiatimes.com​​
  ​​Apoorva Mehta, Indian-origin Co-founder of grocery delivery company Instacart has been accused of using stolen trade secrets to build a healthcare startup promoting weight loss…
• Flipkart sells over 82 lakh fashion, lifestyle products during end-of-season sale
  23 Dec 2022, retail.economictimes.indiatimes.com​​
  ​​”With over 14 orders placed every minute, the event saw over 82 lakh orders being placed for fashion and lifestyle products from across geographies. Majority of these shoppers belonged to the age group of 25-35 years,” the company said in a statement…
• Grievance redressal mechanism of e-commerce players not up to mark: Consumer Affairs Secy
  23 Dec 2022, retail.economictimes.indiatimes.com​​
  ​​Addressing an event organised by the Public Affairs Forum of India (PAFI), Singh said the number of complaints registered on the National Consumer Helpline (NCH) has gone up to 90,000 in November compared to 40,000 in the same month last year…
• FMCG rural demand shows signs of green shoots after 2 years
  23 Dec 2022, retail.economictimes.indiatimes.com​​
  India’s villages, which contribute more than 35% to overall annual FMCG sales, are crucial for overall revival of the sector. Executives said good seasonal harvests, resulting in improved liquidity in the hands of farmers, higher government spending on infra, and the wedding season are aiding consumer sentiment in India’s villages…
• Puma Ropes in Anushka Sharma as Brand Ambassador
  22 Dec 2022, retail.economictimes.indiatimes.com​​
  PUMA India has roped in Bollywood actor and entrepreneur Anushka Sharma as its new brand ambassador. The latest association with Anushka comes as part of PUMA’s ongoing commitment to the women’s business in India…
• Electrolux strengthens offline presence, opens exclusive brand outlet in Gurugram
  22 Dec 2022, retail.economictimes.indiatimes.com​​
  Going forward, the company plans to open 50 more outlets across Delhi NCR. Overall, Electrolux has 100 plus stores throughout India through which its products are retailed…
• Advent Intl makes counter offer of ₹467 for DFM Foods de-listing
  22 Dec 2022, thehindubusinessline.com​​
  Earlier, promoters had rejected the discovered price of ₹525 through reverse book-building the attempt to delist DFM Foods has received a new twist with private equity firm Advent International making a fresh offer of ₹467 a share to acquire 26.3 per cent stake in the company…
• Indian food and grocery retailers may see 15-20% YoY revenue growth in FY23: ICRA
  22 Dec 2022, retail.economictimes.indiatimes.com​​
  More than 90 per cent of the total cost of F&G retailers comprises raw material cost/purchase of traded goods, given the dominance of food and staples in their revenue mix. The share of non-food categories, commanding relatively better margins in the revenue mix, moderated to 22 per cent in FY2021 from 28 per cent in FY2019, amid intermittent restrictions on the sale of non-essential items…
• Soft drinks get mojo back with sharpest recovery in 2022
  22 Dec 2022, thehindubusinessline.com​​
  Volume growth recovery at scorching pace, higher category penetration in rural and urban region : Kantar The soft drinks segment, which was among the worst-hit due to pandemic-induced restrictions, has emerged as one of the fastest growing categories in 2022 on the back of a sharp recovery…
• Honasa Consumer strengths corporate governance with 50% independent board members
  22 Dec 2022, thehindubusinessline.com​​
  The move is likely to support independent decision-making, says the company Honasa Consumer Ltd. (HCL), the parent company of brands such as Mamaearth, The Derma Co., Aqualogica and Ayuga, declared that independent directors now constitute 50 per cent of its board…
• Mr. Milkman reports 12% growth in milk throughput
  22 Dec 2022, retail.economictimes.indiatimes.com​​
  Compared to 2021, Mr. Milkman by EverAg has reported an incremental jump in the sale of bread and buttermilk on their platform, which grew by 125% & 135%, respectively. Furthermore, the sale of ghee increased by 22.44%, dahi by 40%, paneer by 9.27%, butter by 29.10%, and cheese by 15.55%. With this Mr.Milkman records its highest sales recorded on its platform, post-pandemic…
• Paytm CEO: There will be no more cash burn
  22 Dec 2022, retail.economictimes.indiatimes.com​​
  “It has got decided last month that it (cash burn) would no more be continuing. As far as Paytm is concerned, we have publicly declared that we are far ahead of our ambitions — far meaning the border of magnitude ahead — in terms of re-setting our cash burns” founder Vijay Shekhar Sharma said at an event…
• Noise appoints Smeer Chopra as CFO
  22 Dec 2022, retail.economictimes.indiatimes.com​​
  As CFO, Chopra will be responsible for driving strategic initiatives around financial controllership, business partnership, financial planning and cost optimisation…
• ONDC opens its network to consumers and sellers in Meerut
  22 Dec 2022, retail.economictimes.indiatimes.com​​
  ​​T Koshy, MD & CEO, ONDC, said, “Starting from Bengaluru, we’re excited to expand ONDC Beta to Meerut, given the existing number of sellers already adopting ONDC here. We hope that with the Beta rollout today, more sellers and local businesses will join ONDC in Meerut, and will pave the way for bringing the vision of Vocal4Local to reality in UP and across India.”…
• Eveready back on investor radar driven by improved growth prospects
  22 Dec 2022, retail.economictimes.indiatimes.com​​
  The latest sale of 1% stake by the Burman family in Dabur, which fetched around Rs 1,000 crore, is viewed as a step towards increasing holding in Eveready to over 50% from 43%, which may also result in reducing debt..
• Athleisure’s here to stay, and brands are breaking records
  22 Dec 2022, retail.economictimes.indiatimes.com​​
  “People during the pandemic were focusing on health and fitness and they wanted to evolve their lifestyle. So, there was a huge transition around how people saw health and fitness and that increased demand for us. Athleisure has become the go-to outfit,” said Abhishek Ganguly, managing director, Puma India…
• Reliance to acquire Metro AG’s India business for Rs 2,850 crore
  22 Dec 2022, retail.economictimes.indiatimes.com​​
  Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network…
• Health and Glow Beauty Turns 25, Celebrates Silver Jubilee
  21 Dec 2022, indianretailer.com​​
  Leading omnichannel beauty retail chain Health and Glow celebrated its silver jubilee, marking its long legacy of 25 years in the beauty and personal care space. ..
• SOFIT Ropes in Disha Patani as Brand Ambassador
  21 Dec 2022, indianretailer.com​​
  Hershey India Pvt Ltd., a part of The Hershey Company, a leading global snacking company, has announced renowned Bollywood actor and fitness enthusiast Disha Patani as an ambassador for its plant-based drink brand SOFIT…
• Comprehending consumer demand and retail trends for 2023
  21 Dec 2022, financialexpress.com​​
  Initially, companies received a massive blow with the closing down of brick-and-mortar stores all over the world, which consequentially strengthened the belief that e-commerce and omnichannel are the future…
• Statiq launches fast EV charging station in Amritsar in partnership with Nexus Malls
  21 Dec 2022, livemint.com​​
  Electric vehicle charging services provider Statiq in association with Nexus Malls on Wednesday launched its first EV charging station in Amritsar at Nexus Amritsar Mall…
• Bajo Foods raises $2 million funding for its diabetes and protein-based product brands
  21 Dec 2022, retail.economictimes.indiatimes.com​​
  “This fundraising is for our two newly built innovative product ranges, DiabeSmart and Protein Chef. The investment will expand the reach to the targeted audience and accelerate our growth, helping us in our vision of positively impacting the health of Indians,” said Sudarshan Gangrade, CEO of the company…
• Bira 91 enters Cider category with the launch of Hill Station Hard Cider Ale
  21 Dec 2022, thehindubusinessline.com​​
  Bira 91 has forayed beyond beers with the launch of Hill Station, a category of Hard Cider Ales. The launch is part of the company’s move to bring new categories beyond beers, in congruence with the increasing demand for ready-to-drink, it said…
• Engaging e-commerce players to push sales of goods produced by tribals: Pradhan
  21 Dec 2022, retail.economictimes.indiatimes.com​​
  The government is taking steps “to increase production of their produce, improve packaging, branding, marketing,” he said, adding, “we are using platforms like Amazon and Flipkart also for tribal products”…
• There will be no more cash burn in business: Paytm CEO Vijay Shekhar Sharma
  21 Dec 2022, livemint.com​​
  Going ahead, there will be no more cash burn in the business, Paytm Chief Executive Officer (CEO) Vijay Shekhar Sharma said at the Business Standard BFSI Insight Summit 2022 in Mumbai on Wednesday…
• Meesho sees 135% YoY growth, records 91 crore orders in 2022
  21 Dec 2022, retail.economictimes.indiatimes.com​​
  Giving a glimpse of the annual performance of its sellers, Meesho said that nearly 1,30,000 of its sellers became lakhpatis and 6,000 became crorepatis in 2022. Of these, 24,000 lakhpati sellers and 1,300 crorepati sellers were from Delhi…
• Mindspace REIT raises Rs 100 crore through commercial papers
  21 Dec 2022, retail.economictimes.indiatimes.com​​
  The funds will be utilised towards the working capital requirements of Mindspace REIT’s asset SPVs. The commercial papers are rated CRISIL A1+ by CRISIL…
• Digital models now a key ingredient in FMCG story, says new report
  21 Dec 2022, retail.economictimes.indiatimes.com​​
  Quick commerce is the poster boy of this online shift, and it is evident in metro and Tier 1 cities post-covid in grocery and dairy. We expect FMCG players to continue to build on their focus on new-age distribution channels, which are showing great appetite for growth,” said the report. “But e-commerce and quick commerce are nibbling away big pies—particularly in indulgence categories…
• Amazon is ubiquitous. But it isn’t invincible anymore
  21 Dec 2022, retail.economictimes.indiatimes.com​​
  This year saw the world’s largest e-commerce company at one point lose a trillion dollars in market value as growth in online shopping slowed sharply and its forecast for the all-important holiday quarter disappointed…
• Mensa buys MensXP, iDiva and Hypp from Times Internet for undisclosed sum
  21 Dec 2022, retail.economictimes.indiatimes.com​​
  Mensa Brands has acquired online lifestyle publications MensXP and iDiva, and influencer marketing management firm Hypp from Times Internet. The terms of the deal were not disclosed…
• Domino’s to deliver in 20 minutes, but not at the cost of safety: CEO Russell Weiner
  21 Dec 2022, retail.economictimes.indiatimes.com​​
  Russell Weiner, chief executive officer of Domino’s Pizza said inflation is one of the biggest concerns for the company globally as is the case with all consumer companies, but Domino’s is holding on to entry level price points as far as possible in India, which is its biggest market outside the US in terms of store growth and number of stores…
• BigBasket raises $200 million from Tata Digital, others
  21 Dec 2022, retail.economictimes.indiatimes.com​​
  CEO Hari Menon outlines quick commerce expansion, bringing 1mg on its app . The funding takes e-grocer’s valuation to $3.2 billion…
• The Ayurveda Experience raises $6 million in Anicut-led round
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  TAE retails over 100 stock keeping units across three beauty and personal care brands – Iyura, Ajara and A. Modernica; and one supplement, food and beverage brand Ayuttva. iYURA, with traditional Ayurveda formulations, captures about 80% of the D2C company’s revenues…
• Everstone-backed culinary brands plans Lavazza franchise
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  The deal is being structured to include Lavazza’s vending machine business Fresh & Honest to begin with, and subsequently evolve to Culinary setting up cafes under Lavazza brand in India, they said…
• Quick commerce apps nudge users to increase order sizes
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  Instamart, Zepto, Dunzo, Blinkit offer incentives for orders above Rs 1,000…
• Mondelez to sell gum business in developed markets for $1.35 billion
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  The Cadbury maker has been reshaping its portfolio to focus more on its chocolates, biscuits and baked snacks businesses…
• Metro AG global CEO Steffen Greubel hints at exiting India
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  The German wholesaler grew its Indian business by 21% to $982 million during the year ended September, as per its latest annual report. Last month, ET reported that Reliance Industries Ltd had agreed in principle to buy Metro AG’s cash-and-carry wholesale India business for ₹4,000-4,500 crore…
• Tatas infuse Rs 1,600 crore capital into ecommerce business Tata Cliq
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  Tata UniStore’s filings with the Registrar of Companies (RoC) shows the Rs 1600 capital infusion was approved by the company’s board on November 16. The company issued equity shares allotted on a rights basis to raise the cash to its parent, Tata Industries Ltd…
• Nike sales may soar as discounts draw shoppers; margin squeeze looms
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  “While retailers were initially worried about the amount of Nike inventory being shipped, the consumer is showing up and buying the Nike brand,” Credit Suisse analyst Michael Binetti wrote in a note on Friday…
• We are integrating data to build one customer view and serve them better: Prabhdeep Bedi of Puma India
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  Prabhdeep Bedi, Director & Head–Direct to Consumer E-commerce Business, PUMA India says: “We are integrating data to build one customer view and serve them better”…
• Post-Covid sales for premium brands growing at a very fast rate: Rajesh Jain
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  Rajesh Jain, MD & CEO, Lacoste India says Post-Covid sales for premium brands growing at a very fast rate…
• Delhivery acquires Algorhythm Tech to boost supply chain solutions offering
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  The company said the transaction is expected to be completed by January 31 and Algorhythm Tech will operate as a wholly-owned subsidiary of Delhivery Ltd post the acquisition…
• 77% companies in India’s services sector plans to hire in Q4: Teamlease report
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  An analysis of the hiring trends across industries, functions and regions, indicates that India is leading with the highest hiring intent despite the ongoing global inflation, with about 77% of the employers surveyed keen to increase their resource pool in the services sector, compared to 73% in Q3. However, in comparison to Q4 2021, intent to hire has risen by 27%…
• Beauty industry on the supply chain side has undergone a drastic change: Dharmarajan K
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  The beauty industry on the supply chain side has undergone a drastic change, says Dharmarajan K, CBO-Beauty, Tata Cliq…
• For a D2C brand to build, acquiring new customers is critical: Naiyya Saggi
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  Naiyya Saggi, Co-Founder, The Good Glamm Group believes that for a D2C brand to build, acquiring new customers is critical…
• B2B commerce firm Soptle expects ARR to reach $10 million, quadruple FMCG reach by early 2023
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  Launched in May 2022, by 20-year old engineering school dropout Pravas Chandragiri, Soptle Is a micro SaaS-led B2B retail commerce platform that helps consumer goods companies distribute products by using its network. At present, it has an ARR of $2 million and retail presence of nearly 50,000 stores…
• Burman family sells 1% stake in Dabur India via block deal
  20 Dec 2022, retail.economictimes.indiatimes.com​​
  Gyan Enterprises Pvt Ltd and Chowdry Associates are the two promoter group entities that sold the stake, the company said in an exchange filing…
• Henkel re-enters consumer segment with Schwarzkopf; aims to build hair solutions portfolio
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  “Henkel Consumer Brands is targeting the premium segment in creme hair colour with an aim to reach 20 per cent market share by 2025,” he added…
• Titan eye care looks for tech partners, to boost local sourcing
  19 Dec 2022, livemint.com​​
  Titan Co. Ltd’s eye care division is looking to either invest in entities that bring strong technical capabilities or acquire them, a senior executive said…
• Retail sales grow 15% in Nov over pre-pandemic level; wedding season leads to spike in jewellery, footwear sales
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  “October and November witnessed a 17% growth, which is welcome but can’t be termed as spectacular. Inflation-led worries have dampened the ability of some customers to purchase discretionary products,” commented Kumar Rajagopalan, CEO, RAI…
• Inflation dampens otherwise bright small business holiday season
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  Small retailers say this year is still far from “normal” because decades-high inflation is forcing them to raise prices and making shoppers rein in the uninhibited spending seen in 2021…
• GST Council: Unregistered sellers can make intra-state supply of goods via e-commerce from October 2023
  19 Dec 2022, financialexpress.com​​
  Ease of doing business for MSMEs: To facilitate e-commerce for micro enterprises, the GST Council in its 47th meeting in June this year had granted in-principle approval for allowing unregistered suppliers and composition taxpayers to make the intra-state supply of goods through ECOs such as Amazon, Flipkart etc., subject to certain conditions…
• Burmans eyeing Rs 800-crore stake stale in Dabur via block deal: Reports
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  The promoters will offer up to 4% discount from the current market price for the stake in the fast moving consumer goods major…
• Ambani to take on ITC, Patanjali, Tata, Adani with FMCG brand ‘Independence’
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  Reliance Consumer Products Ltd (RCPL), the newly set up FMCG arm of Reliance Retail Ventures Ltd (RRVL) last week made a foray into staples with launch of brand Independence in line with announcement Ambani had made at the company’s annual shareholder meeting earlier this year…
• Wipro acquires packaged food and spices brand Nirapara
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  With this acquisition, Wipro Consumer Care joins FMCG firms such as Dabur, Emami, Tata Consumer Products Ltd and ITC, which are already present in the spices market…
• Delta bets big on EV charging space
  19 Dec 2022, financialexpress.com​​
  If you have charged an electric car at any public charging station in India, chances are you wouldn’t have missed the word ‘Delta’ written on the station…
• What new energy norms will mean for Havells India
  19 Dec 2022, livemint.com​​
  Investors in shares of Havells India Ltd were devoid of cheer in 2022, with the stock declining by about 17% till now. Subdued demand conditions, along with elevated input costs for all consumer durable companies, including Havells, has been a key concern. Naturally, this took a toll on margins…
• Feature-to-smartphone switch may pick up in 2023
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  The reason is mainly affordability and a lack of relevant use cases. The featurephone-to-smartphone conversion though is expected to bounce back next year with research director Tarun Pathak predicting it to grow to 5.9%…
• Zippo targets 50% sales growth in 2023, expects strong double-digit growth over next 5 yrs
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  The company gets around 60-70 per cent of sales from e-commerce channels in India and is also expanding its presence in offline channels, where it expects faster growth in 2023, said Zippo Global Marketing Associate Vice President Lucas Johnson…
• D2C more serious competition than traditional competence: Page Industries
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  The Indian innerwear market, worth $6.3 billion, is estimated to account for 9% of the total domestic fashion retail segment but is highly fragmented and unorganised. Once known as merely an essential wear, the segment saw work-from-home and hybrid work culture along with increasing awareness on health, fit, and personal hygiene amid the pandemic, coupled with the growing millennial customers, driving growth of the market, said the company…
• Ecommerce order volumes grow a whopping 37% in 2022
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  Tier 3 markets like Udaipur, Roorkee, Rohtak grew 64.7% while Tier 2 markets clocked 51% uptick, says a report by Unicommerce…
• Why are milk and milk products becoming costlier?
  19 Dec 2022, retail.economictimes.indiatimes.com​​
  Rising raw milk procurement costs coupled with increasing transportation, processing, and packaging costs are adding to dairy companies’ woes…
• Made By Bharat, Made For Bharat, Paytail Is Revolutionising Offline Retail With No-Cost Paperless EMIs
  
  18 Dec 2022, businessworld.com​​
  Paytail is one such fintech that is empowering millions of Indian merchants with instant digital finance. We recently interacted with Mr Vikas Garg, Co-founder & CEO of PayTail, to know how they are helping Indian merchants that have been left uncatered by the traditional NBFCs…
• Indian realty sector records PE investments of $5.1 bn in 2022: Knight Frank
  18 Dec 2022, livemint.com​​
  The Indian real estate sector recorded PE investments amounting to $5.1 billion through 29 deals across office, warehousing, residential and retail sectors in 2022, according to latest report from global property consultancy Knight Frank India…
• India’s 1st retail REIT public offer: Blackstone-backed Nexus files for USD 500 mn IPO
  18 Dec 2022, zeebiz.com​​
  Nexus Select Trust has a portfolio of 17 operational shopping malls across 14 major cities, covering about 10 million square feet of area valued at around USD 3 billion…
• Fire-Boltt aims 5x biz growth to Rs 2,400 cr in FY23; to scale up smartwatch production
  18 Dec 2022, retail.economictimes.indiatimes.com​​
  Fire-Boltt Founder and CEO Arnav Kishore told PTI that the company will start making all smartwatches in India in the next three months and expects to increase its market share in the category to 50 per cent in the next 12-18 months…
• Citi, Revlon lenders reach deal over $500 million accidental payment
  17 Dec 2022, indianretailer.com​​
  Citigroup, as Revlon’s loan agent, had accidentally used its own money in August 2020 to prematurely pay off an $894 million loan owed by billionaire Ronald Perelman’s now-bankrupt cosmetics company…
• UNIQLO and MARNI to Launch Second Collection Together
  17 Dec 2022, indianretailer.com​​
  Global apparel retailer UNIQLO announced the launch of the second UNIQLO and MARNI collection. UNIQLO LifeWear is typified by craftsmanship, technology, and simplicity, while MARNI, through its unique approach to fabric and color, has presented collection after collection of artistic, progressive designs…
• Shoppers Stop Launches its 18th Store in Delhi NCR
  17 Dec 2022, indianretailer.com​​
  Shoppers Stop has launched its new store in Faridabad, making it the brand’s eighteenth store in Delhi NCR. The new store, which is located at Sector 12 is intended to satisfy India’s growing demand from fashion-forward shoppers…
• Kotak, METRO Cash & Carry India Launch Co-Branded Credit Card
  17 Dec 2022, indianretailer.com​​
  Kotak Mahindra Bank Limited in association with METRO Cash & Carry India launched a new co-branded Credit Card – ‘METRO Kotak Credit Card’…
• ‘Make in India 2.0 to focus on 27 sectors’
  17 Dec 2022, retail.economictimes.indiatimes.com​​
  In its year end review, the commerce and industry ministry said that the Department for Promotion of Industry and Internal Trade (DPIIT) is coordinating action plans for 15 manufacturing sectors while the commerce department is coordinating for 12 service sectors…
• Growing role of e-commerce in wellness industry
  17 Dec 2022, retail.economictimes.indiatimes.com​​
  The challenges of lifestyle and longer working hours have led to growing demand for wellness solutions across all levels. On-the-go life of people, especially in the metro cities has aligned with the growing role of e-commerce in this category. The ease and comfort of e-commerce have made it more habitual and convenient to order products online for consumers. The wellness industry has been quick to grab the opportunity with multiple product ranges, offerings and combinations, further drawing customers to this category…
• How businesses can scale on-time deliveries and optimize logistics costs for festive season
  17 Dec 2022, retail.economictimes.indiatimes.com​​
  The year’s final quarter is one of the busiest times for businesses. To put things in perspective, eCommerce festive season sales that commenced during the final week of September this year saw a 28% increase in just the first two days compared to last year, with over 7 million orders processed during that time. Most (75%) of these orders were from tier-II and tier-III cities. Meeting such colossal order volumes can be challenging, especially since customers today expect two-day, next-day, and same-day deliveries with little to no additional shipping costs…
• Bars, pubs look to score big as FIFA World Cup final frenzy peaks
  17 Dec 2022, retail.economictimes.indiatimes.com​​
  Brands too have joined the party. AB InBev’s Budweiser has tied up for live screenings across six cities. Many restaurateurs said they are pleasantly surprised at the interest in the FIFA live screenings. “We may not have shown our merit in football yet, but if there was a World Cup for ‘fanball’ we would be in the running,” industrialist Anand Mahindra tweeted, with pictures of people in Kerala celebrating Argentina making it to the finals…
• Naagin Expands its Product Portfolio, Unveils the Secret Sauce
  16 Dec 2022, indianretailer.com​​
  Naagin is expanding its range of pantry essentials with their all-new Pizza Sauce: Chef’s Secret Recipe and Pasta Sauce: Dad’s Secret Recipe and they’re made with the same ethos as their wildly popular range of hot sauces – Good Ingredients Make Great Food…
• Borzo Aims to Strengthen its Delivery System in West India
  16 Dec 2022, indianretailer.com​​
  Borzo earlier known as WeFast is an intra-city delivery service firm. The firm recently announced that it is strengthening its delivery service in Western India and will be focussing on SMEs, D2C, and e-commerce brands in the Pune market…
• Meesho pulls plug on work-from-anywhere policy, introduces flexible model
  16 Dec 2022, livemint.com​​
  SoftBank-backed ecommerce platform Meesho, on Friday announced that it is adopting a flexible work office model starting 1 June 2023, giving up on its permanent work-from-anywhere policy which was announced almost a year ago…
• Fashion tech startup Virgio raises USD 37 million
  16 Dec 2022, realty.economictimes.indiatimes.com​​
  “Traditionally, the fashion industry has operated on depth and discount models. Virgio is pioneering the test and scale method, making runway fashion accessible and affordable for all consumers, while eliminating excess inventory for manufacturers,” Virgio CEO and Founder Amar Nagaram said…
• India’s textile industry faces tough times as consumers cut spending
  16 Dec 2022, realty.economictimes.indiatimes.com​​
  Exports, which constitute about 22% of the industry, have fallen for five months in a row – declining over 15% year-on-year in November to $3.1 billion. Domestic sales are sluggish despite strong growth in the overall economy because of high costs and cheap imported garments, manufacturers say…
• The Phoenix Mills acquires 7.22 acre land for Rs 510 crore in Surat
  16 Dec 2022, realty.economictimes.indiatimes.com​​
  Thoth will develop a retail destination with gross leasable area of approximately 1 million sq ft and currently expects to complete the retail development by FY27…
• Numero Uno Launches its Next Store in Sonipat
  16 Dec 2022, indianretailer.com​​
  Numero UNO has launched its next store in Sonipat, Haryana. With its exponential growth in India and the immense love the brand is getting from fashion-savvy Indian youth, the brand has opened another outlet in Sonipat to offer its coolest and most stylish patterns and designs of jeans, shirts, tees, jackets…
• Arrow Launches Luxurious New Store in Bengaluru
  16 Dec 2022, indianretailer.com​​
  Arrow, a professional menswear brand from the house of Arvind Fashions Limited, has launched a palatial new store in Konanakunte. With the addition of this store, the city now hosts 12 exclusive outlets of the premium brand…
• Coutloot to tap into non-grocery and non-mrp retail market
  16 Dec 2022, retail.economictimes.indiatimes.com​​
  Founded by Thind and Mahima Kaul, CoutLoot has helped millions of sellers to scale their demand and now is building deeper by connecting merchants with small and medium manufacturers by eradicating the agents from the system…
• Indian brands corner more than half of wearables market
  16 Dec 2022, retail.economictimes.indiatimes.com​​
  Among the top five wearable brands in India, top three are Indian brands – Nexxbase (Noise) with an over 32% share, Imagine Marketing (BoAt) with nearly 14%, and Fire-Boltt with nearly 9% share, which have cornered almost 55% combined share of the market, according to IDC India. Chinese rivals OnePlus (over 8%) and Realme (over 4%) make up the top five…
• Premium Men’s Perfume Brand Upsilon Debuts in Indian Market
  15 Dec 2022, indianretailer.com​​
  Upsilon a Made-in-India perfume brand, has recently been launched, catering to men. The brand promises fragrances manufactured with utmost finesse, thus it is more than just a bottle of perfume, it is a statement…
• Jaipur Watch Company Launches New Stores in Jaipur and Delhi
  15 Dec 2022, indianretailer.com​​
  Jaipur Watch Company, a brand known to reinvent luxury watches with the magic of traditional craftsmanship and antique additions launched its flagship store in Jaipur followed by one in Delhi…
• The NEW Shop Launches ‘Employee to Entrepreneur’ Program
  15 Dec 2022, indianretailer.com​​
  The NEW Shop, an Indian omnichannel convenience commerce company, has announced the winners of the first-ever ‘Employee to Entrepreneur initiative. Through this program, the brand has been selecting its store managers and training them so that they can progress in their career trajectory and eventually become store owners…
• Elle Home Collections Launched by Mont Blanc and Elle Decor
  15 Dec 2022, indianretailer.com​​
  Mont Blanc Ventures along with the French conglomerate ELLE DÉCOR owned by Lagardère Group launched their first premium fashion multi-brand home store ‘Elle Decor Home Collections’ at Golf Course Road, Gurgaon…
• High street retail augurs lucrative investment opportunities
  15 Dec 2022, constructionweekonline.in​​
  Renowned retail real estate developers in the Delhi-NCR region are coming up with high-street retail projects in areas with multiple residential projects. Such vibrant retail projects offer commercial spaces in various categories to cater to the aspirations of buyers and their pocket-friendly requirements…
• Pacific Group rewards THE CHAMPIONS OF RETAIL on Retail Employees Day in its malls in Delhi and Dehradun
  15 Dec 2022, apnnews.com​​
  On the occasion of Retail Employees Day, celebrated every year on 12th December, one of the largest players in India’s retail mall space, Pacific Group, recently organised a special function dedicated to the retail employees in its malls in Delhi and Dehradun, namely, Tagore Garden, NSP-Pitampura and Dwarka Sector 21. The total retail employee workforce in Pacific Malls is estimated to be around 5000…
• AMR Planet Mall Launched by Ideal Multiplex
  15 Dec 2022, indianretailer.com​​
  The AMR Planet mall is situated in Moulali and is spread over 220,000 sq ft with over 40 retail stores. The mall also has a food court spread around 18,000 sq ft with 14 brands catering to multiple cuisines. It also has the capacity to park 450 cars for the convenience of the customers…
• Offline footprint. Mamaearth eyes strong offline distribution with Exclusive Brand outlets
  15 Dec 2022, thehindubusinessline.com​​
  Mamaearth, a beauty and personal care brand from Honasa Consumer Ltd, on Thursday, said it has launched 35 Exclusive Brand Outlets across 15 cities of India as part of its offline distribution push through this year. The company began experimenting with the format in the third quarter of 2021…
• Fashion retailer H&M’s Sept-Nov sales beat forecast
  15 Dec 2022, retail.economictimes.indiatimes.com​​
  H&M, which has struggled to keep up with bigger rival Zara, last month became the first big European retailer to lay off staff in response to the cost-of-living crisis as it tries to save 2 billion Swedish crowns a year…
• Delivery firm Borzo to focus on SMEs, D2C, ecommerce brands in Pune
  15 Dec 2022, retail.economictimes.indiatimes.com​​
  For the city, it currently has a delivery fleet of more than 2000 riders and aims to increase delivery partner network by three times in 2023. With this aim, it expects the market to contribute 10 per cent to revenue in next 4 quarters of full scale operations…
• Reliance Retail arm launches FMCG brand ‘Independence’ in Gujarat
  15 Dec 2022, retail.economictimes.indiatimes.com​​
  Reliance Consumer Products, the FMCG arm of Reliance Retail on Thursday announced the launch of its made-for-India consumer packaged goods brand ‘Independence’ in Gujarat. ​RIL Chairman Mukesh Ambani at the company’s 45th annual general meeting in August announced its entry into the FMCG market, directly competing with the likes of Unilever and ITC…
• Draft report on new excise policy in Delhi likely by December-end
  15 Dec 2022, retail.economictimes.indiatimes.com​​
  A committee of senior Delhi government officials tasked with the responsibility to formulate a new excise policy for the capital is likely to submit its draft report this month…
• Handset grey market makes a Rs 5,000-crore hole in the exchequer
  15 Dec 2022, retail.economictimes.indiatimes.com​​
  In 2022 alone, as per the association, about 1.2 million high-end devices worth Rs 10,800 crore have been imported by the grey marketers to be sold in India, leading to a loss of Rs 4,985 crore for the exchequer. If not for the grey market, the government could have got Rs 2,376 crore as customs duty and Rs 2,371.7 crore as goods and services tax (GST), it said…
• Rebel Foods losses up 55% in FY22; revenue more than doubles
  15 Dec 2022, financialexpress.com​​
  The company also has its direct-to-consumer (D2C) channel, which it enables through EatSure – its own food delivery app. It operates over 450 cloud kitchens in India and other international markets…
• P&G India net profit down 18% in 2021-22 as input costs bite
  15 Dec 2022, retail.economictimes.indiatimes.com​​
  The Cincinnati-based consumer goods maker reported sales of Rs 13,985 crore and net profit of Rs 1,334 crore across four Indian companies – pharmaceuticals firm P&G Health, shaving products maker Gillette, P&G Health & Hygiene and P&G Home Products…
• IKEA to invest Rs 4,000 crore in retail stores in UP
  15 Dec 2022, retail.economictimes.indiatimes.com​​
  The Swedish company that has over 458 stores across 62 markets of the world has expressed the intent to start retail stores and luxury malls in UP. The worth of this investment is pegged to be around Rs 4,000 crore…
• BL interview. Nearly 70 per cent of our products will be made-in-India by next fiscal: boAt CEO
  14 Dec 2022, thehindubusinessline.com​​
  Vivek Gambhir, CEO, boAt said the company has now made almost 10 million units locally and expects to scale up localisation more aggressively over the next two years…
• Inditex profit jumps as Zara owner lifts prices
  14 Dec 2022, retail.economictimes.indiatimes.com​​
  The world’s biggest fashion retailer’s store and online sales rose 19% from a year ago, slightly faster than analysts had expected. It has raised prices by 5% or more since the spring to offset rising costs…
• Tech and the shopping cart: Surfing the waves of digital disruption in retail
  14 Dec 2022, retail.economictimes.indiatimes.com​​
  Data analytics has brought about the hyper-personalisation of shopper experience. Let us chart the captivating journey of the retail industry over the last decade and reflect on its unfolding future…
• How e-commerce is bridging the vernacular gap and enabling multiple benefits for customers, brands, and sellers across ‘Bharat’
  14 Dec 2022, retail.economictimes.indiatimes.com​​
  As per a Bain & Company research, in 2021 alone, 40–50 million shoppers were added and in the next five years, the online shopper base is estimated to increase to 400–450 million. Most of these new shoppers (about 60%) come from tier-3 or smaller cities…
• Pernod Ricard India appoints Paul-Robert Bouhier as MD
  14 Dec 2022, retail.economictimes.indiatimes.com​​
  Bouhier will take charge from January 1, 2023 and will report to Philippe Guettat, Chairman and CEO of Pernod Ricard Asia. He is taking over after Thibault Cuny stepped down in October 2022 due to health reasons…
• Wedding season set to boost demand for apparel, jewellery
  14 Dec 2022, retail.economictimes.indiatimes.com​​
  Executives said categories like refrigerators, washing machines and televisions have also seen a jump in enquiries and marginal improvement in demand since December, which they said, will pick up pace from January onwards when the number of auspicious days are much more…
• Parle increases focus on rural play
  14 Dec 2022, financialexpress.com​​
  Parle Products, which retails brands such as Parle G, Monaco and Melody, is improving its play in rural areas by increasing the presence of its range of brands in retail stores and kiranas and also expanding the reach of distributors…
• Retailers and malls work out new sales plan amid delay in winter
  14 Dec 2022, retail.economictimes.indiatimes.com​​
  Categories like soft drinks and ice-cream, which generally see a slump in demand during the winter season, have escalated production cycles, while retailers of winter apparel have cut down on inventory stocks and shopping malls plan to advance their winter end-of-season sales amid a significant fall in the number of peak winter days, industry insiders said…
• Dealshare appoints Big Bazaar ex-chief as president of retail operations
  14 Dec 2022, retail.economictimes.indiatimes.com​​
  Kamaldeep Singh will head the company’s online and offline business and will report to Vineet Rao, cofounder and chief executive of Dealshare, the company said…
• Focus on growing volumes first, and then value: Colgate India MD Prabha Narasimhan
  14 Dec 2022, retail.economictimes.indiatimes.com​​
  While contribution from premium products is near double-digits, volumes in the segment have been declining. The company said India is one of the three key countries for the US-based parent…
• Demand for air purifiers jumps 1.4 times in November over last year with onset of winter: Flipkart
  13 Dec 2022, retail.economictimes.indiatimes.com​​
  According to the latest insight from Flipkart, the air purifier segment has grown by 1.4x in November as compared to the same period last year. Air purifiers are witnessing three times more demand in November as compared to the previous months on the platform…
• Kolkata: US plans to boost spirits biz in city
  13 Dec 2022, retail.economictimes.indiatimes.com​​
  With demand for premium American alcoholic beverages nearly doubling over the last year in New Delhi and Mumbai, the US department of agriculture has been encouraged to tap into more Indian cities like Kolkata, starting with a spirit-tasting flagship initiative hosted by the US Consul…
• Lulu Group to open 6 shopping malls, 1 five-star hotel in Uttar Pradesh
  
  13 Dec 2022, business-standard.com​​
  The Uttar Pradesh government on Tuesday signed a memorandum of understanding (MoU) with hypermarket and retail giant Lulu Group to set up six shopping malls and one hotel in the state…
• High demand . Indian exporters on Amazon clock 100% growth in high sales week
  13 Dec 2022, thehindubusinessline.com​​
  Indian exporters on Amazon Global Selling clocked over 100 per cent business growth compared to business as usual (week in November), during the Black Friday and Cyber Monday (BFCM) sale events held globally between November 24 and 28 November…
• Competition for Amul is not from dairy companies but fake chemical products: RS Sodhi
  13 Dec 2022, retail.economictimes.indiatimes.com​​
  “I see stability in the dairy prices and the market. There may be a small increase but the situation is tight in dairy supply because demand is much more than what the organised sector is able to meet. The pre Covid level was much higher than the pre Covid level. It is good for the long term of the dairy industry and for farmers as well as consumers like you.”…
• BlueStone elevates its COO, Sudeep Nagar to co-founder
  13 Dec 2022, retail.economictimes.indiatimes.com​​
  Sudeep joins Gaurav Singh Kushwaha who is the CEO of the company, as the second co-founder…
• FMCG Sector to Witness 7 to 9 pc Growth, Volume to Grow 1-2 pc
  13 Dec 2022, indianretailer.com​​
  Revenue from the fast-moving consumer goods (FMCG) sector will grow 7-9 percent this fiscal compared to the 8.5 percent growth the sector witnessed last year, primarily driven by price hikes…
• PepsiCo India Holding FY22 profit declines 76.2 pc to Rs 41.63 cr; revenue up 21.6 pc
  13 Dec 2022, retail.economictimes.indiatimes.com​​
  Pepsico India Holdings’ other income in FY22 was down 27 per cent at Rs 82.34 crore. While the total income of the company, which owns popular brands such as Pepsi, Lay’s, Kurkure and Tropicana was up 20.58 per cent to Rs 6,468.14 crore for the financial year that ended on March 31, 2022…
• Wearables market in India to hit 117 million next year, to beat US
  13 Dec 2022, retail.economictimes.indiatimes.com​​
  Growth next year, industry executives and market trackers added, will be led by smartwatches and on the back of brands trying to crack the offline segment, bringing in new features and form factors…
• AB InBev India unit to sell beverages by Aryan Khan’s SLAB
  13 Dec 2022, retail.economictimes.indiatimes.com​​
  To begin with, Khan, along with his Europe-based business partners Bunty Singh and Leti Blagoeva, is launching ultra-premium vodka brand D’Yavol (devil in Slavic languages), which will be sold and distributed by AB InBev in the country…
• Miraj Cinemas Opens First Six-Screen Ultra-luxurious Multiplex in Bangalore
  12 Dec 2022, indianretailer.com​​
  India’s fastest-growing multiplex chain, Miraj Cinemas, has opened its first six-screen ultra-luxurious multiplex in the city. The move is expected to help spur growth in the region’s cinema sector and provide a state-of-the-art cinematic experience coupled with best-in-class gourmet food options…
• JUSTDOGS Opens Store in Maharashtra
  12 Dec 2022, indianretailer.com​​
  JUSTDOGS, an omnichannel pet care retailer and service provider, touched a poignant milestone with the opening of its first store in Nagpur. Over the course of this year, the brand has doubled the number of stores and is now catering to 3.5 lakh consumers pan India. This launch also consolidates JUSTDOGS presence in Maharashtra with a total of 12 stores, including 7 in Mumbai, 4 in Pune, and one in Nagpur…
• The Ammarzo Fashion Brand Forays into Retail Market
  12 Dec 2022, indianretailer.com​​
  As one of the very few sustainable fashion brands in India, Ammarzo is committed to sustainability. Now it is expanding from just an e-commerce startup brand to entering the retail market…
• Tynimo Expands Retail Footprint, Opens New Stores in Bhopal and Varanasi Airports
  12 Dec 2022, indianretailer.com​​
  Indian daily lifestyle retailer Tynimo which sells lifestyle products that span over 15 categories, including toys, bags and wallets, home decor, and Indian handicrafts, to name just a few, has expanded its retail footprint with its new stores in Bhopal and Varanasi Airports as a part of its expansion plan. The brand intends to open 50 to 80 outlets over the next three years with the goal of growing its e-commerce business to 30 percent of total sales by 2024…
• India’s Nov retail inflation eases below 6% for first time this year
  12 Dec 2022, reuters.com​​
  A worker arranges price tags of the food products at a store inside a shopping mall in Kolkata, India, June 20, 2018. Picture taken June 20, 2018. REUTERS/Rupak De Chowdhuri…
• D2C dairy brand Sid’s Farm enters Bengaluru market
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  Initially, the products will be available only through e-commerce sites, serving milk & regular use dairy products like paneer, curd, ghee, & butter. The products will be available on leading e-commerce sites such as Milk Basket, Big Basket, Zepto, SuprDaily and Fresh to Home…
• Funding round. Wellbeing Nutrition raises $10 mn in Series B
  12 Dec 2022, thehindubusinessline.com​​
  Plans to launch and extend the product categories, build a senior management team and strengthen its expert channel network…
• The Next Billion Dollar Opportunity How India’s D2C Brands Are Building Scalable Business Models?
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  Panel discussion on The Next Billion-Dollar Opportunity: How India’s D2C Brands Are Building Scalable Business Models?…
• Next Retail Destinations: Moving Beyond Metros to the “Real Bharat”
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  Panel discussion on Next Retail Destinations: Moving Beyond Metros to the “Real Bharat”…
• Russian ecommerce platform Ozon eyes Indian sellers
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  According to local researcher Data Insight, the Russian ecommerce market may exceed $100 billion in 2024, more than twice its current value. Ozon is the leading multi-category ecommerce marketplace in Russia…
• Next Wave of Retail A Potential Peek into India’s Curious Retail Scenarios
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  The inaugural panel discussion on the Next wave of Retail: A Potential Peek into India’s Curious Retail Scenarios…
• FMCG revenues to grow 7-9% this fiscal; volume growth at just 1-2%: Report
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  For the next fiscal, the report highlighted that the sector will see an almost similar pace of growth with operating margins projected to improve by 50-70 bps owing to better volume-driven growth and coverage of costs, almost reaching pre-pandemic levels of 20 per cent…
• Upper Crust. Luxury’s coming-of-age moment in India
  12 Dec 2022, thehindubusinessline.com​​
  The top-end product segment is moving like never before, growing on the aspirations of the newly affluent and desire to consume better…
• Rents rise as malls see brisk business
  12 Dec 2022, financialexpress.com​​
  Operators demand higher revenue share with business in malls now overtaking the pre-pandemic levels, operators are renegotiating rents and asking for a higher share of revenues from retailers and brands. They are also open to smaller lease tenures which give them the flexibility to change the tenant mix…
• “We are entering 2023 with sheer optimism and a renewed vision”: Realme India CEO Madhav Sheth
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  The Times of India-GadgetsNow spoke to Madhav Sheth, CEO, Realme India, on the company’s plans for 2023, the impact of 5G in India and more. Here are excerpts of the conversation with Sheth…
• Myntra gets 1.3 lakh first-time shoppers from non-metros on Day 1 of flagship sale
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  “The opening day of the event saw 130k first-time shoppers coming from non-metros. Over half of the overall shoppers from the initial day of the fashion event were women,” Myntra said in a statement…
• ABD to set up distillery in east, acquire three more brands
  12 Dec 2022, financialexpress.com​​
  Besides the distilling unit in Telangana, ABD has nine bottling units and 20 non-owned manufacturing units…
• Convenience food, premium packs countering FMCG slide
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  The movement is similar to that of lifestyle products in the consumer durables segment, where demand for mass-priced merchandise is under pressure due to inflation and growth is largely driven by the premium range…
• ADIA looks to invest $400 million in Lenskart at $4.5 billion valuation
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  Investment mostly through secondary sale of shares; small primary sale will see infusion of growth equity…
• Tata Group plans to open 100 small exclusive Apple stores
  12 Dec 2022, retail.economictimes.indiatimes.com​​
  Infiniti Retail will become an Apple franchisee partner and intends to open 100 such outlets of 500-600 sq ft each at malls as well as high-street and neighbourhood locations…
• Multiplex and retail outlets to open at Chennai airport’s new multi-level parking space
  11 Dec 2022, thehindu.com​​
  For transit passengers and thousands of residents in the South, more shopping and entertainment options are in store as a PVR multiplex and a mall will be opened at Chennai airport’s new multi-level car parking (MLCP). Now that the parking space has been opened, work is on to complete the theatre and shops at the earliest…
• Hindustan Coca-Cola Beverages net profit surged to ₹375.4 crore in FY 22
  11 Dec 2022, thehindubusinessline.com​​
  Hindustan Coca-Cola Beverages (HCCB), the bottling arm of beverage major Coca-Cola in India, posted a net profit of ₹375.4 crore in FY 22, clocking a strong growth of over ₹71.6 crore in FY 21. As per the company’s regulatory filing, sourced from business intelligence platform, Tofler, the company garnered a total income (standalone) of ₹9,147.74 crore in FY 22, up 30.6 per cent over FY 21. The company said it has been substantially investing to ramp up manufacturing capacity for 2023 and beyond…
• BIS gold hallmarking lab in Hyderabad to start operation
  11 Dec 2022, retail.economictimes.indiatimes.com​​
  Telangana will soon have its own Bureau of Indian Standards (BIS) gold referral assay laboratory, on the lines of Tamil Nadu. The lab works are also in full swing on the premises of BIS Hyderabad’s branch office premises at Moula Ali…
• Appliance makers expect robust growth from heating products this winter
  11 Dec 2022, retail.economictimes.indiatimes.com​​
  The company has introduced seven models, including the Solarium Cube IOT series and Solarium Care series which provide customised bath modes like baby care, hair care, hygiene care etc. According to industry body CEAMA (Consumer Electronics and Appliances Manufacturers Association), the water heater market size this year is expected to be 4.25 million units with a growth of approximately 10 per cent over last year, said its President Eric Braganza…
• Global diamond jewellery demand reaches record $87 billion: CareEdge Ratings
  10 Dec 2022, retail.economictimes.indiatimes.com​​
  Indian cut and polished diamond (CPD) players recovered significantly in FY22, crossing the pre-pandemic levels by a fair margin, as the demand for diamond jewellery reached an all-time high of USD 87 billion, CareEdge Ratings said in a report. This was primarily due to robust demand from the US, the report added…
• Ethnic wear brands bet big on this year’s wedding and festive season
  10 Dec 2022, retail.economictimes.indiatimes.com​​
  After two years of muted demand, this season fashion and apparel retailers are hopeful to surpass the previous season’s sales numbers…
• M3M India buys 1.3-acre land in Gurugram for Rs 200 crore
  10 Dec 2022, realty.economictimes.indiatimes.com​​
  The land, located near IFFCO Chowk, has been acquired through an auction conducted by Haryana Shahari Vikas Pradhikaran (HSVP)…
• Pottery Barn signs Deepika Padukone as brand ambassador
  9 Dec 2022, insideretail.asia​​
  American furniture retailer Pottery Barn on Friday announced a global partnership with actor Deepika Padukone who has been signed as a brand ambassador to promote the company’s international expansion…
• Myntra launches fashion label Kenneth Cole in India
  9 Dec 2022, insideretail.asia​​
  American fashion brand Kenneth Cole has debuted in India, through a partnership with Myntra…
• The Body Shop to double India business by 2025-end
  9 Dec 2022, economictimes.indiatimes.com​​
  India is now among the fastest growing market for UK’s beauty products company The Body Shop, thanks to a young population and growing middle class, Qas Qayyum, global franchise managing director of The Body Shop, who oversees 65 countries, said…
• Phoenix Mills has risen from the pandemic lull
  9 Dec 2022, livemint.com​​
  As India emerges from the pandemic, mall operator Phoenix Mills Ltd is focusing on the recovery of retail consumption…
• Front-of-the-pack labelling will discredit Indian ethnic foods, says Indian Sellers Collective
  9 Dec 2022, thehindubusinessline.com​​
  The industry body says FOPNL will adversely impact Indian foods by labelling them unhealthy compared to western foods…
• Kolkata’s Baazar Style plans Rs 700-cr IPO, hires bankers
  9 Dec 2022, retail.economictimes.indiatimes.com​​
  The proposed IPO will value the retail chain at Rs 2500 crore, sources said. About Rs 300 crore will be raised as primary capital while Rs 400 to be raised through a secondary share sale…
• Trent to sell Unistore stake to Tata Digital
  9 Dec 2022, retail.economictimes.indiatimes.com​​
  Trent is divesting its stake of around 3.22% of Tata Unistore on a fully diluted basis to Tata Digital. The shares of TUL will be sold to TDPL for a total estimated value of ₹24.14 crore, with no consideration of cash, but in the form of Compulsorily Convertible Preference Shares of the promoter group company…
• Online grocery prices rise as brands slash discounts
  9 Dec 2022, retail.economictimes.indiatimes.com​​
  E-grocery companies have raised prices by 4-6% in October and November, while quick commerce platforms have undertaken 7-9% price hike, a research report by brokerage Motilal Oswal said…
• HUL buys stakes in two wellness brands for Rs 334 crore
  9 Dec 2022, retail.economictimes.indiatimes.com​​
  HUL said the stakes will be acquired through a combination of primary infusion and secondary buyouts. In Oziva, the balance 49% will be acquired at the end of 36 months, based on pre-agreed valuation criteria. These mark HUL’s foray into health & wellbeing, which is said to be a fast-evolving category in India with a total potential market size of around Rs 30,000 crore (according to Euromonitor)…
• Amazon relooking experiments, not shutting businesses: Tiwary
  9 Dec 2022, retail.economictimes.indiatimes.com​​
  Tech giant to double down on its business-to-business (B2B) marketplace, pharmacy, grocery and social commerce…
• Retail CBDC’s penetration in the digital payments market may be slow, not steady, experts say
  8 Dec 2022, constructionweekonline.com​​
  The retail Central Bank Digital Currency, when it is launched after the completion of the pilot, may be off to a slow start in the digital payments market. Experts suggest the dominance of the Unified Payments Interface is unlikely to be challenged…
• Lulu Group malls span 53.3 hectares in India, to launch 12 more in next 3 years
  8 Dec 2022, constructionweekonline.com​​
  Following the announcement of its $365 million mall, the biggest mall in India, UAE-based Lulu Group has since continued to cultivate its presence in the country…
• ITC sees uptake in premium products in rural areas
  8 Dec 2022, thehindubusinessline.com​​
  Fast-Moving Consumer Goods(FMCG) major ITC Ltd is witnessing an uptake of premium products in rural areas…
• Kalyan Jewellers plans to add 52 showrooms in 2023
  8 Dec 2022, retail.economictimes.indiatimes.com​​
  The expansion will be majorly fuelled by franchisees. The company operates on FOCO (Franchise Owned Company Operated) model…
• Inflationary pressure on FMCGs set to ease, says ITC Chairman Sanjiv Puri
  8 Dec 2022, retail.economictimes.indiatimes.com​​
  There is a “phenomenal” amount of inflation now, hence FMCG volume growth in rural areas is “muted” and the bulk of the growth is inflation led, ITC Chairman & Managing Director Sanjiv Puri said on Thursday at an event organised by industry body CII. “As far as consumption is concerned, the main stress point is inflation induced because prices of lots of products have gone up at a percentage probably in the prior period that would have taken five years to go up,” he said…
• Australia’s The Coffee Club to enter India
  8 Dec 2022, insideretail.asia​​
  Australian coffee chain The Coffee Club will open its first cafe in India next year in partnership with local franchiser CK Israni Group. ..
• Consumer MNCs plan to go big on India next year
  8 Dec 2022, retail.economictimes.indiatimes.com​​
  The focus on India comes at a time when companies such as PepsiCo, Coca-Cola, General Mills, Walmart and Amazon have announced downsizing of the workforce and operations in markets like the US and Europe to cut costs amid inflationary pressures…
• Consumer confidence recovers in November; future index remains steady: RBI report
  8 Dec 2022, retail.economictimes.indiatimes.com​​
  Consumer confidence continued on its recovery path in November but remained in pessimistic zone, a survey released by Reserve Bank of India (RBI) showed on Wednesday…
• Agarbathi players reduce pack quantity as they suffer from high packaging costs
  8 Dec 2022, retail.economictimes.indiatimes.com​​
  Arjun Ranga, president, All India Agarbathi Manufacturers’ Association (AIAMA) said that in the FMCG category, the packaging cost per product sold for agarbathi’s is the highest when compared to soaps, detergents, shampoos, and other products. He added that as paper board prices have increased, it has affected the agarbathi packaging costs…
• HUL, other FMCG majors in sale talks with nutrition firm Oziva
  8 Dec 2022, retail.economictimes.indiatimes.com​​
  The plant-based supplement brand looking to fetch about Rs 400-500 crore in valuation, say sources…
• Cash Registers Ring for LifeStyle
  7 Dec 2022, fortuneindia.com​​
  ​​ FASHION RETAILERS finally have a reason to celebrate. Cash registers are ringing after a pandemic-led slump lasting over two years when many were forced to scale down operations…
• William Penn Ropes in Gokulnath Subramanian as CBO
  7 Dec 2022, indianretailer.com​​
  ​​ William Penn, India’s premier destination for the finest writing instruments and lifestyle accessories, announced the appointment of Gokulnath Subramanian as its Chief Business Officer. He will be responsible for driving business growth and delivering scale at William Penn…
• India’s Macrotech Developers plans $450 mln share sale -sources
  7 Dec 2022, reuters.com​​
  ​​ Indian real estate company Macrotech Developers Ltd (MACE.NS), part of the Lodha group, plans to raise $450 million via a qualified institutional placement that will see its controlling family selling a stake of about 7%, two sources told Reuters…
• Bajaj Mall brings to you the Ultimate Football Fest Sale from 6th to 16th December 2022
  7 Dec 2022, theprint.in​​
  ​​ Pune (Maharashtra) [India], December 7 (ANI/NewsVoir): Bajaj Mall’s Ultimate Football Fest Sale is live! Earn exciting cashback on a wide range of products including, fitness equipments, cameras, drones, televisions, smartphones, smartwatches, home appliances, and more…
• Boutique on Wheels in Chennai: A Shopping Centre that comes to you!
  7 Dec 2022, localsamosa.com​​
  ​​ This Chennai-based Clothing Store is sure to surprise you with its unique concept. “Boutique on Wheels” is a dedicated shopping truck exclusively for women’s apparel and sells a variety of garments across the city…
• Premium models drive car, TV, smartphone sales in Diwali season
  7 Dec 2022, retail.economictimes.indiatimes.com​​
  ​​ Cars priced ₹10 lakh and above, 5G-enabled smartphones, large-screen televisions and double-door and side-by-side refrigerators saw a big spike in demand during Diwali, helping their growth rate and share in overall product sales hit new highs, sales data show…
• “Made-in-Kerala” brand to find global market for unique products
  7 Dec 2022, retail.economictimes.indiatimes.com​​
  ​​ A geo-marketing portal would be launched to promote and support those products which have the Geographical Indication (GI) tag, state Industries Minister P Rajeeve said. The initiative to launch one lakh MSMEs across the state in 2022, which is being observed as the “Entrepreneurship Year, is also underway…
• ‘WhatsApp may turn key sales channel for top brands’
  7 Dec 2022, livemint.com​​
  Brands that currently reach customers through individual apps and websites will need to add WhatsApp-based commerce as well, a report by Jio Haptik said, adding the messaging app may trump other retail channels soon…
• Amazon down for thousands of users. Details here
  7 Dec 2022, livemint.com​​
  Amazon.com was down for thousands of users on Wednesday, outage tracking website Downdetector.com cited…
• Xiaomi India business head Raghu Reddy resigns
  7 Dec 2022, retail.economictimes.indiatimes.com​​
  Chief Business Officer Raghu Reddy, who helped the Chinese company to the top of India’s smartphone and smart-television markets, resigned to “pursue different growth opportunities externally,” Xiaomi India said in an email on Wednesday. “It has been a privilege to have Raghu as an integral part of the Xiaomi India leadership team,” it said…
• Who impacts Indian market? Zerodha’s co-founder Nikhil Kamath sheds some light
  7 Dec 2022, livemint.com​​
  A data revealed that retail investors have a far lesser impact on the Indian stock market in the country. Zerodha’s co-founder Nikhil Kamath on Wednesday stated that the impact of retail investors is smaller than most think…
• Lakme to add to two salons per week in next few years
  7 Dec 2022, financialexpress.com​​
  The company plans to continue to hold 10% of the salons as company-owned, while the majority will be through the franchisee model…
• ‘We expect decent growth of 30% in FY23,’ says Titan CFO Ashok Sonthalia
  7 Dec 2022, retail.economictimes.indiatimes.com​​
  ‘The market opportunity could be about Rs 5,000 crore or so, and achieving Rs 1,000 crore is an ambitious target,’ the Titan CFO added…
• Udaan aims to reach 10,000 towns, villages in next 12-18 months; to open micro-fulfillment centers in each district
  7 Dec 2022, retail.economictimes.indiatimes.com​​
  “Project Vistaar is Udaan’s foray into rural India,” commented Shrivastava…
• Dabur plans to enter feminine care market under ‘Fem’ brand
  7 Dec 2022, retail.economictimes.indiatimes.com​​
  The company will launch the product initially through ecommerce platform Flipkart before rolling it out at other channels, especially modern trade. The use of sanitary napkins in India is very low at 22%. While more than twothirds of women in urban centres use hygienic methods of protection during periods, rural areas, a large market for Dabur, need more attention…
• Kamal Haasan’s Fashion Line Steps Into Retail
  6 Dec 2022, urbanasian.com​​
  Kamal Haasan’s newly introduced fashion line, ‘KH House of Khaddar’ (KHHK) has been getting media attention since its debut a year ago. Apart from its goal of improving the lives of handloom industry in India, the brand takes pride in modernizing Khadi to appeal to the sensibilities of today’s youth by trying to present it in a chic new avatar…
• Archies Re-launches Fragrant Range ‘Parfum’ for Men and Women
  6 Dec 2022, urbanasian.com​​
  Archies, the forerunners in the social expression industry relaunched its most popular fragrant range ‘Parfum’ for both men and women. Archies Parfum is a premium and luxurious range of perfumes and deodorants curated in Turkey– all are packed with the goodness of essential oils to enhance a customer’s personality and complement their on-the-go lifestyle…
• UPI transactions surge 650% in semi-urban, rural stores: PayNearby
  6 Dec 2022, livemint.com​​
  Assisted financial transactions across semi-urban and rural retail counters in India have grown 25% and 14% in value terms and volumes, respectively, so far in 2022, according to PayNearby, a branchless banking and digital network…
• Why Myntra’s sales announce the quiet rise of small-town India
  6 Dec 2022, livemint.com​​
  Myntra expects small-town and rural India to contribute more than half its sales over the next few years…
• WoodenStreet Expands Offline Presence, Opens First Store in Patna
  6 Dec 2022, indianretailer.com​​
  WoodenStreet announced the launch of its first experience store in Patna, Bihar. The company continues to reinforce its commitment to building a robust omnichannel presence in India. The Studio footprint of WoodenStreet covers 100+ experience stores across the country…
• Distributors upset by FMCG cos’ practices
  6 Dec 2022, livemint.com​​
  Distributors of fast-moving consumer goods have raised concerns over some practices of packaged goods makers such as Amul, Mondelez and Tata Consumer Products, which they say are leading to supply shortages, or dumping of stocks in a sluggish market…
• US VC firm Sequoia Capital sells 3.7% stake in Go Fashion for Rs 228 cr
  6 Dec 2022, retail.economictimes.indiatimes.com​​
  Through its affiliate Sequoia Capital India Investments IV, the venture capital firm sold 20,00,000 shares…
• G.O.A.T Brand Labs appoints Mukesh Lodha as its chief of finance
  6 Dec 2022, retail.economictimes.indiatimes.com​​
  Vasudev added,”​​As we near the USD 100 million ARR, it’s the right time to have a senior tenured leader join us to steer the finance team at G.O.A.T and its acquired companies. Lodha’s expertise across domain verticals will be a huge value add for us, and it will help us build towards a billion-dollar company.”…
• Apparel, footwear companies monitoring inflationary trends, some may roll back price hikes
  6 Dec 2022, thehindubusinessline.com​​
  Players said they have begun witnessing good demand for winter products…
• Beauty Brand Renee Cosmetics raises $25 mn in Series B funding
  6 Dec 2022, retail.economictimes.indiatimes.com​​
  Existing investors Equanimity and 9Unicorns also participated in the funding at a valuation of USD 100 million, Renee Cosmetics said in a statement…
• Personal Care Brand True Frog Raises Rs 1.65 cr
  6 Dec 2022, businessinsider.in​​
  Personal care brand, True Frog has raised Rs 1.65 crore ($2,00,000) in a round of funding through a group of angel investors. Vegan, Harmful Chemical free, skin, and hair care brand intends to utilize the funds to improve the research infrastructure, expand the product portfolio, build the team size, and focus on branding and marketing…
• The science behind selling a dress to an Indian woman, according to the CEO of Latin Quarters
  6 Dec 2022, businessinsider.in​​
  Latin Quarters, an Indian-origin lifestyle brand known for its dresses in addition to other apparel, bags and jewellery — competes with Western brands. With over 16 years of insights into Indian body types, it claims to have cracked the code for providing Western styles tailored to ‘fit’ the women of the sub-continent…
• Prestige Group to set up mall spread over 1 million square feet in city soon
  6 Dec 2022, hindustantimes.com​​
  Bengaluru-based Prestige Group will soon set up a mall with a multiplex, which will be spread over one million square feet, in the city…
• The Body Shop Plans To Add 100 Outlets As Affluent Indians Return To Stores
  6 Dec 2022, realty.economictimes.indiatimes.com​​
  For the global cosmetics brand, India is currently the fourth largest market, and it has made a “stronger comeback” post Covid-19 pandemic compared to the rest of the world, Qas Qayyum, global head franchise managing director, told BQ Prime during his recent visit to the country…
• Warmer weather helped boost soft drink sales, says PepsiCo
  6 Dec 2022, realty.economictimes.indiatimes.com​​
  Extended summers because of global warming are helping the soft drinks category, which historically was heavily seasonal dependent on the April-June quarter, PepsiCo India president Ahmed ELsheikh said in an exclusive interview…
• Chocolates in demand amid stress, inflation: Mondelez
  6 Dec 2022, realty.economictimes.indiatimes.com​​
  Mondelez India, the country’s biggest confectionery maker, said there has been a strong volume growth in chocolate sales, bucking the slowdown trend in the overall market and indicating consumers could be turning to comfort food in a time of stress and inflation…
• Biryani by Kilo acquires majority stake in healthy dessert startup, Get-A-Way for USD 2 million
  6 Dec 2022, realty.economictimes.indiatimes.com​​
  Biryani by Kilo is also in the advanced stages of acquiring a north Indian food brand. Jindal shared that the company has already done pilots in six to seven cities and by early next year will acquire a majority stake in the north Indian cuisine brand…
• AB InBev shows interest in expanding Mysuru unit, to invest Rs 500 crore
  6 Dec 2022, realty.economictimes.indiatimes.com​​
  AB InBev’s Chief Executive (Asia-Pacific zone) Jan Craps met Chief Minister Basavaraj Bommai on Monday and showed interest to invest more in the State, the CMO said in a release…
• Aditya Birla Group leads race to add W owner to cart
  6 Dec 2022, realty.economictimes.indiatimes.com​​
  The transaction will also trigger an open offer for an additional 25% of the company. If the open offer is fully bought into, the new investor could own up to 86.24% of TCNS, for Rs 3,016 crore. The current market capitalisation of TCNS Clothing is Rs 3,507.16 crore…
• County Group buys 28 acre land in Noida for about Rs 450 crore
  6 Dec 2022, realty.economictimes.indiatimes.com​​
  County Group recently bought the 28-acre land parcels, which belonged to realty firm Ambience group. Indiabulls Housing Finance has sold this land to recover its loan from the Ambience Group…
• Nona Lifestyle Aims to Generate Rs 1,000 cr Revenue by 2025
  5 Dec 2022, indianretailer.com​​
  Nona Lifestyle, a B2B-managed marketplace offering customized corporate merchandise, home textile, and Whitelabel is aiming to achieve the Rs 1,000 crore revenue mark by 2025. This goal is a part of the company’s long-term expansion plan…
• RIL-Metro deal by Dec-end, may see biz focus on B2C
  5 Dec 2022, brandequity.economictimes.indiatimes.com​​
  Under existing foreign investment rules, overseas players are not allowed to enter the multi-brand retail business, forcing players such as Metro to confine themselves to cash-and-carry wholesale and sell to hotels, offices and kirana stores. In fact sales to traders generates around half the revenue for Metro, with another one-third coming from offices…
• Flipkart Partners with Polygon to Launch Metaverse Use Cases
  5 Dec 2022, indianretailer.com​​
  Flipkart partnered with Ethereum-based Blockchain platform Polygon to set up a center of excellence (CoE) that will work on research and development of Web3 and metaverse commerce use-cases in India…
• How e-commerce has accelerated the growth of India’s retail sector?
  5 Dec 2022, timesofindia.indiatimes.com​​
  The Indian retail industry has been slightly disrupted over the last two years due to the pandemic which saw operations globally slow down due to periodic lockdowns. People had no choice but to rely on the use of online platforms to make daily purchases as access to the local markets were limited…
• The rise of experiential stores in India
  5 Dec 2022, luxebook.in​​
  The way real estate is being used has changed drastically over the years; in some cases, it works as the conventional source of investment or as commercial/ resident use. But since the pandemic, the change in consumer behaviour has given birth to newer kinds of real estate in the commercial world — the rise of experiential retail stores…
• Apple to soon overtake Samsung as India’s top smartphone exporter: Report
  5 Dec 2022, business-standard.com​​
  From a minuscule share in India’s phone exports a year ago, Apple’s share has risen to $2.2 billion during April and October..
• Amul, NDDB to provide support to increase milk production in Sri Lanka
  5 Dec 2022, livemint.com​​
  With the aim of reducing Sri Lanka’s dependence on imported milk products, India announced on Monday that it will provide support to enhance the dairy industry and milk output of the country…
• Marcowagon escorts Turkish trends in India’s e-commerce fashion industry
  5 Dec 2022, retail.economictimes.indiatimes.com​​
  Marcowagon continues to bring trends from Turkey, a country with an emerging market economy and global sourcing hub. Turkish brands like MAVI, KOTON, Trendyol,…
• Flipkart to hold EOSS from Dec 7; partners with 5,000 local seller stores to host their catalog
  5 Dec 2022, retail.economictimes.indiatimes.com​​
  For the December EOSS, the online retailer has also taken an omnichannel initiative and partnered with more than 5000 stores of 200 brands offering to host their offline exclusive catalog on Flipkart’s platform. ..
• Amazon sees ‘huge opportunity’ for India grocery service: Executive
  5 Dec 2022, business-standard.com​​
  Grocery business will spread ‘deep into Bharat’, says e-commerce firm as it shuts down some other smaller units…
• Dabur International CEO Krishan Kumar Chutani resigns
  5 Dec 2022, retail.economictimes.indiatimes.com​​
  Krishan Kumar Chutani resigned as the Chief Executive Officer of Dabur International, a material subsidiary of Dabur India, on Monday, December 5, the company said in a stock exchange filing…
• The rise of experiential stores in India
  5 Dec 2022, luxebook.in​​
  The way real estate is being used has changed drastically over the years; in some cases, it works as the conventional source of investment or as commercial/ resident use. But since the pandemic, the change in consumer behaviour has given birth to newer kinds of real estate in the commercial world — the rise of experiential retail stores. Going beyond just a regular store, retail stores have started leveraging experiences for customers rather than products…
• A lot of eyes on India, retail demand to rise multifold in next 10 years, say industry experts at ETRetail Business Leadership Summit
  5 Dec 2022, retail.economictimes.indiatimes.com​​
  Gracing the inaugural panel discussion ‘Next Wave of Retail: A Potential Peak into India’s Curious Retail Scenarios,’ top retail CEOs of the country said that the world’s eyes are on India and if nothing as impactful as COVID or a global recession happens, India will see high retail demand in the next decade…
• Myntra expects small towns to bring in more than half of its sales in next 3-4 years
  5 Dec 2022, retail.economictimes.indiatimes.com​​
  Within the overall ecommerce category, fashion accounts for 10-12% and Myntra said a large part of the growth and new shoppers will come from the non-metro. For the company, live commerce as a proposition has much higher traction in T2 towns in terms of engagement as consumers experience brands for the first time…
• Shoppers Stop plans ‘value’ stores to lure more buyers
  5 Dec 2022, retail.economictimes.indiatimes.com​​
  Shoppers Stop is foraying into the mass-priced segment after three decades of selling premium apparel and lifestyle merchandise. Experts said India’s consumption structure has been skewed in the past over a narrow base of richer consumers accounting for a large chunk of the overall market…
• FMCG makers keeping close watch on softening commodity prices; may extend some benefits
  5 Dec 2022, retail.economictimes.indiatimes.com​​
  While prices of palm oil have eased and sugar is stable, FMCG firms pointed out that rates of some other major items including wheat are still firm and hence they would wait and watch before taking any call on reducing the price…
• Pernia’s Pop-Up Studio, India’s largest luxury fashion omni-channel platform unveils its biggest shopping destination to date
  3 Dec 2022, theprint.in​​
  In the midst of Delhi’s design hub lies a decades-old legacy steeped in history. Indian Handicrafts Emporium is one of the most iconic spaces in the capital. Since it was established in 1967, it has been a bastion of Indian arts and crafts…
• Tata CLiQ Luxury plans to add 10 more boutique brands to its portfolio by Jan
  3 Dec 2022, livemint.com​​
  Tata CLiQ Luxury is looking to add about 10 new brands by January to expand its footprint in the bridge-to-luxury fashion segment…
• How supply chain technology can bolster house of brands businesses?
  3 Dec 2022, retail.economictimes.indiatimes.com​​
  To combat these disruptions it becomes crucial for the brands to re-strategize and action through a multi-pronged approach. Being quintessential for any business’s growth trajectory, streamlining and upending every aspect in the supply chain becomes imperative. Just like most other spheres of business, technology comes to rescue. Technology allows us to optimize supply chain supply chain processes & manage operations is a much more efficient way…
• TMRW Acquires Controlling Stake in Bewakoof for Rs 200 Cr
  3 Dec 2022, indianretailer.com​​
  Aditya Birla group venture, TMRW has acquired a majority stake of around 70 – 80 percent for Rs 200 crore in D2C brand Bewakoof. Aditya Birla Fashion and Retail (ABFRL) was in the final stages of picking a controlling stake in the fashion brand…
• Tata CliQ Luxury expands with Le Mill
  3 Dec 2022, apparelresources.com​​
  Le Mill and Tata CLiQ Luxury have joined together to offer global brands of clothing, accessories and footwear to Indian consumers. With ‘Eyes on Paris, Heart in Mumbai’, Le Mill’s idea is to enhance India’s design potential through its Mumbai Boutique while connecting both India’s and Europe’s fashion sense, said a press statement…
• Khadim to Open 4 New Stores in Maharashtra, Aims to Expand Retail Footprint in the West
  3 Dec 2022, indianretailer.com​​
  Khadim India Ltd., a brand known for its homegrown affordable fashion footwear and accessories will be opening 4 new stores in Maharashtra in the first quarter of the financial year 2023. With these store launches, Khadim intends to strengthen its presence in West India…
• Kalyan Jewellers Expands Offline Presence, Opens Store in Karur and Thanjavur
  3 Dec 2022, indianretailer.com​​
  Kalyan Jewellers, one of India’s most trusted and leading jewellery brands, launched its newly designed showroom in Karur at Old Bypass Road, opposite Bus Stand. The all-new showroom promises to present a luxurious, re-imagined experience with distinctive and trendy jewellery designs at the display. Kalyan Jewellers’ showroom, which is fully operational today and onwards, offers a wide range of contemporary and traditional designs to suit every customer’s taste and preferences…
• Refurbished smartphone market growth may decline to 10-15% in 2022
  3 Dec 2022, retail.economictimes.indiatimes.com​​
  However, refurbished smartphones have become a plank for consumers to upgrade to better devices without having to shell out much amid economic uncertainties, said market trackers and industry executives…
• India’s Smart TV shipments grew 38% in September quarter: Report
  3 Dec 2022, retail.economictimes.indiatimes.com​​
  “Smart TV penetration of overall shipments reached its highest-ever share of 93 per cent during the quarter,” said the report, adding, this penetration is expected to go up further due to more launches in the sub-Rs 20,000 price range…
• Asia Gold-Price rally dims India demand, COVID curbs hit China market
  3 Dec 2022, retail.economictimes.indiatimes.com​​
  Dealers in India were offering a discount of up to $18 an ounce this week over official domestic prices – inclusive of the 15% import and 3% sales levies, down from the last week’s $21…
• PVR plans big South India push this year amid rapid mall development
  3 Dec 2022, retail.economictimes.indiatimes.com​​
  PVR will launch its first super luxury cinema format PVR Director’s Cut in South India in Bengaluru on December 9, chairman Ajay Bijli said. With this launch, the multiplex chain will have 88 screens in 12 properties in Bengaluru and 316 screens across 51 properties in South India…
• Westlife eyes almost 3-fold sales growth in next 5 years, to add 300 McDonald’s restaurants by 2027
  3 Dec 2022, retail.economictimes.indiatimes.com​​
  “Westlife Foodworld’s vision 2027 is strategic guidance for our road ahead. We see doubling our sales to (Rs) 40-45 billion in the next 5 years on the back of adding around 300 restaurants by 2027,” said Westlife Foodworld Executive Director Akshay Jatia…
• RIL-Metro deal by Dec-end, may see biz focus on B2C
  3 Dec 2022, retail.economictimes.indiatimes.com​​
  “Following the transaction, majority Indian ownership will create the regulatory space to even convert the operations into a B2C entity. It will provide a better shopping and pricing experience. But it’s a call that has to be taken,” said a source familiar with the transaction…
• Exzod India sees demand for pallets touching 90 million
  2 Dec 2022, thehindu.com​​
  EXZOD India, which is into manufacturing, sale and annual maintenance contract (AMC) of pallets, said that the demand for the product had touched 90 million in India owing to growth and improvement in supply chain management in FMCG, Consumer Durables, Logistics, Retail Automotive and 4 PL logistic players…
• Marico Head Harsh Mariwala Sets Success Trajectory For Power Gummies
  2 Dec 2022, indianretailer.com​​
  Harsh Mariwala, Chairman and Founder of Marico Ltd, is renowned for transforming his family’s trading business in spices and edible oils into consumer goods giant Marico with sustainability and profitability over the three decades, serving as a leading consumer products and services company in the beauty and wellness sector…
• Ethos partners with Trilobe to retail its watches in India
  2 Dec 2022, apparelresources.com​​
  Multi-brand luxury watch retailer Ethos has partnered with watch brand Trilobe to retail its watches in the Indian market. The agreement will see Ethos exclusively retail Trilobe watches in the country from 2023…
• Les Petits to foray into retail expansion in South and East India
  2 Dec 2022, apparelresources.com​​
  Seeing the fast-growing kidswear market in India, many brands are setting up their brick-and-mortar stores in different regions of India. One such multi-brand luxury kidswear brand Les Petits plans to eye retail expansion in the South and East of India due to the increase in sales, especially in those regions…
• Japan’s Daiso expands retail footprint in India
  2 Dec 2022, livemint.com​​
  Japanese value retailer Daiso Japan has expanded its retail footprint in India with a new store in Mumbai…
• Procter and Gamble Elevates Bala Purushothaman as its Global HR Head
  2 Dec 2022, indianretailer.com​​
  P&G elevated Bala Purushothaman as the company’s chief human resource officer (CHRO), effective January 1, 2023 With this, Bala becomes the fourth Indian after Shailesh Jejurikar (COO), Sundar Raman (CEO, Fabric and Home Care), and Kirti Singh (Chief Analytics and Insights Officer) to join the global leadership of the company in recent years…
• Inditex to Bring Bershka to India
  2 Dec 2022, indianretailer.com​​
  Spain’s Inditex SA is planning to bring its youth brand Bershka to India after the stupendous success of its flagship Zara brand in the country, two people aware of the plans said…
• Phoenix Mills Opens Central India’s Largest Shopping mall in Indore
  2 Dec 2022, indianretailer.com​​
  Mall developer and operator Phoenix Mills Ltd., opened Phoenix Citadel, a 10 lakh square feet mall at Indore in Madhya Pradesh with an investment of Rs 800 crore…
• 34 pc Indian Consumers Notice In-Store Promotional Offers
  2 Dec 2022, indianretailer.com​​
  While spends across health products have improved reflecting an increase of 3 percent from last month, sentiments, however, remain the same as last month for essential consumption…
• Coca-Cola India Partners with Adani Digital Labs
  2 Dec 2022, indianretailer.com​​
  Beverage major Coca-Cola India is partnering with Adani Group subsidiary- Adani Digital Labs to optimize the reach of its brands to consumers across the country. As part of this, Coca-Cola India is working with Adani Digital Labs to use the consumer-centric platform for product sampling and develop deep consumer insights, a joint statement said…
• Top 10 Best Shopping Malls in Chennai
  2 Dec 2022, wirally.com​​
  The best-known features of Chennai are its incredible cuisine, flavourful filter coffee, Tollywood, lively beaches, and, of course, the Style Mannan, a.k.a. Rajinikanth. But this city’s shopping malls are a major factor in why tourists love it so much. In this happy city that may grease the wheels for the frantic shoppers, you can buy anything from hairpins to home décor at slashed-down prices thanks to its favorable seaports that are strategically positioned for most traders…
• Reliance to Open Balenciaga Store in New Delhi
  2 Dec 2022, indianretailer.com​​
  Reliance Brands is in talks with DLF Malls to get space in DLF Emporio Mall in New Delhi to open Balenciaga store, two people familiar with the plans said…
• Prestige Group inaugurates Forum mall in south Bengaluru
  2 Dec 2022, constructionweekonline.in​​
  The realty group plans to develop seven million sq. ft of spaces across cities in India in the next three years…
• Food processing sector critical for Indian economy, job creation: Niti Aayog CEO Parameswaran Iyer
  2 Dec 2022, retail.economictimes.indiatimes.com​​
  Stating that food security has become important in the current global context, he said the government has taken a number of steps in this regard…
• India needs to focus on apparel manufacturing: Arvind Ltd official
  2 Dec 2022, retail.economictimes.indiatimes.com​​
  Production-Linked Incentive (PLI) schemes for 13 key sectors are designed to create national manufacturing champions and generate employment opportunities for the country’s youth…
• GeM closes in on Amazon, Flipkart in gross merchandise value
  2 Dec 2022, business-standard.com​​
  In FY22, govt’s public procurement portal recorded a GMV of $14.2 bn, as against Amazon India’s $17 bn and Flipkart’s $23 bn…
• Swiggy shuts The Bowl Company cloud kitchens in Delhi-NCR
  2 Dec 2022, retail.economictimes.indiatimes.com​​
  Sources said Swiggy was attempting to become operationally fitter and was cutting down on some of its experimental activities, while indicating that shutting down The Bowl Company in Delhi-NCR was unlikely to have a major impact…
• Prior stocking dents FMCG offtake in November
  2 Dec 2022, retail.economictimes.indiatimes.com​​
  India’s fast-moving consumer goods (FMCG) market fell 15% by value in November compared to October as kirana stores, which stocked up in heavy quantities in the previous two months, bought less…
• Coca-Cola India partners with Adani Digital Labs for product sampling, consumer insights
  2 Dec 2022, retail.economictimes.indiatimes.com​​
  Beverage major Coca-Cola India on Thursday said it is partnering with Adani Group subsidiary — Adani Digital Labs — to optimise the reach of its brands to consumers across the country…
• Tata Soulfull banks on millets to stand out in breakfast cereal segment
  2 Dec 2022, financialexpress.com​​
  Tata Soulfull, a 100% subsidiary of Tata Consumer Products that operates in the health and wellness-focused food segment, is looking to increase its distribution share keeping high millet content in its products as a key differentiator. The company is aiming to become a top-two or three player by 2027 in the three categories it operates in: children’s snacking, breakfast cereals and masala oats…
• Peak rural demand will come in Q4 and Q1 of next year: Adani Wilmar MD
  2 Dec 2022, retail.economictimes.indiatimes.com​​
  “Normally in any FMCG product, as the commodity prices come down, the brand starts giving better margins and that holds true for us also. So when the prices go up, we are under pressure to manage the market share. Sometimes we cannot raise prices as much as required but when it comes down, we are comfortable and are in a better position.”…
• Britannia aims five-fold growth in cheese business in next 5 years
  2 Dec 2022, retail.economictimes.indiatimes.com​​
  BEL Group CEO Cecile Beliot said: “They (Britannia) have an emblematic brand in India and a powerful distribution system. By combining their expertise with our know-how and knowledge of cheese products, this joint venture is well positioned… and become a leader in the fast-growing Indian cheese market”. Britannia which has the ambition to be a food company is “looking at many new adjacent formats. You will see lots of excitement coming on,” said Berry…
• WayCool Foods Expands Ready-to-cook Product Portfolio
  1 Dec 2022, indianretailer.com​​
  Food and agriculture supply chain company WayCool Foods and Products has enhanced its product portfolio in the ready-to-cook segment with the launch of the new Freshey’s bread range, the company said…
• Sober and Co Launches in Bengaluru
  1 Dec 2022, indianretailer.com​​
  Sober and Co a lifestyle beverage brand, introduced its homegrown, ready-to-drink portfolio of products in Bengaluru…
• Zouk Partners with PeTA India, Unveils Vegan Creators Day and Awards
  1 Dec 2022, indianretailer.com​​
  Cruelty-free lifestyle brand Zouk held its first-ever Vegan Creators Day and Awards. The event honored the valuable contribution of vegan creators in influencing Indian consumers in making cruelty-free choices. ..
• Ethos to become luxury watch brand Trilobe’s exclusive retail partner in India
  1 Dec 2022, cnbctv18.com​​
  Luxury watch retailer Ethos Ltd. has entered into an exclusive retail partnership with Trilobe to launch a fine watchmaking brand in India. With this pact, Ethos Watch Boutiques will exclusively retail Trilobe across India and the selection will be available from early 2023…
• Phoenix Mills announces grand opening of Phoenix Citadel in Indore
  1 Dec 2022, business-standard.com​​
  Phoenix Mills announced the grand opening of Phoenix Citadel, the largest retail destination in Indore, Madhya Pradesh. Phoenix Citadel has been developed by PML under its first joint venture with Canada Pension Plan Investment Board (CPP Investments)…
• India’s Reliance Brands in talks to acquire stake in Prabal Gurung
  1 Dec 2022, fashionnetwork.com​​
  Reliance Industries Limited’s Reliance Brands is in talks to acquire a stake in designer Prabal Gurung’s eponymous brand. The retail giant could open brick-and-mortar stores for the label in India in its Jio World malls…
• Nexus Malls appoints Amitabh Bachchan as Brand Ambassador
  1 Dec 2022, economictimes.indiatimes.com​​
  Nexus Malls, the retail platform in India owned and managed by Blackstone Real Estate funds, has appointed Amitabh Bachchan as their ‘Happyness Ambassador’…
• Very robust Q3 & Q4, premiumisation on plate for most FMCG cos: Patanjali Foods CEO
  1 Dec 2022, retail.economictimes.indiatimes.com​​
  “In the edible oil category, you will soon see us working towards the premium end of the oil bracket. We are also working on the atta and besan and grocery items. Similarly, we are working on range of juices. A lot of effort goes on in making a consumer move towards the premium end of the product range, where they must see a very visible and clear differentiation between what they were buying earlier and what they are consuming now.”…
• P&G elevates India-born Bala Purushothaman as its global HR head
  1 Dec 2022, retail.economictimes.indiatimes.com​​
  With this, Bala becomes the fourth Indian after Shailesh Jejurikar (COO), Sundar Raman (CEO, Fabric & Home Care), and Kirti Singh (Chief Analytics & Insights Officer) to join the global leadership of the company in recent years. Purushothaman will take over the role from Tracey Grabowski, who is retiring from the company after a career spanning over three decades, including more than four years as the global CHRO…
• Aditya Birla Group’s TMRW acquires controlling stake in D2C brand Bewakoof for Rs 200 cr
  1 Dec 2022, retail.economictimes.indiatimes.com​​
  “With Bewakoof’s loyal consumer base and our value-add in design, technology, brand building & supply chain, we aim to scale this brand to Rs 500 crore plus in the next 2 years,” said Prashanth Aluru, CEO and co-founder, TMRW…
• Moonray launches its first limited evening wear range
  1 Dec 2022, retail.economictimes.indiatimes.com​​
  The first-ever evening wear collection from the mother-daughter duo for the Mumbai-based brand Moonray is now available both flagship store and online…
• Wipro Lighting enters into exclusive partnership with Aura Air
  1 Dec 2022, retail.economictimes.indiatimes.com​​
  Through this partnership with Aura Air, Wipro Lighting will be adding the indoor air quality management business to their portfolio…
• Indian smartwatch sales surge on festive push, health consciousness
  1 Dec 2022, retail.economictimes.indiatimes.com​​
  A report by market research firm Counterpoint on Tuesday night said ecommerce festive season sales made India the largest smartwatch market in the world by volume, surpassing the United States…
• Reliance Brands eyes stake in US fashion retailer Prabal Gurung’s label
  1 Dec 2022, retail.economictimes.indiatimes.com​​
  A Nepalese-American fashion designer, Gurung is known for dressing up celebs such as Michelle Obama, Sarah Jessica Parker and Anne Hathaway. He had launched his line in 2009 at the New York Fashion Week…
• Superdry Ropes in Kartik Aryan as Brand Ambassador
  30 Nov 2022, indianretailer.com​​
  Superdry has announced a partnership with Bollywood actor Kartik Aryan, who joins Superdry as its newest brand ambassador for the Indian market. The campaign titled ‘YOU GOT THIS’, takes inspiration from anime animation to channel the consumer’s inner super-self…
• Ethos Limited Drafts Exclusive Partnership With Speake-Marin for Indian Markets
  30 Nov 2022, indianretailer.com​​
  Ethos Limited has signed a partnership with Swiss Watch Manufacturer Speake-Marin to be their exclusive retailer in the Indian market. The timepieces by Speake-Marin will be exclusively available with Ethos Watch Boutiques and will include timepieces such as One and Two Dual Time and City Ripples…
• Myntra Brings Boohoo Group to India
  30 Nov 2022, indianretailer.com​​
  Trendsetting UK-based iconic fashion house, Boohoo Group, has marked its foray into the Indian market for the first time with Myntra. boohoo, Dorothy Perkins (DP), and Nasty Gal, will offer over 1500 on-trend and fresh styles across categories like dresses, tops, bottoms, and footwear, as a part of the much-anticipated launch…
• Cashify to open 250 stores by March 2023 in India
  30 Nov 2022, thehindu.com​​
  The company also said it continues to witness “exceptional demand” with a footfall of around 2 lakh people per month…
• Cantabil Retail India launches 5 showrooms across India
  30 Nov 2022, business-standard.com​​
  Cantabil Retail India announced that it has opened 5 new showrooms at different locations in India during the month of November 2022…
• Les Petits plans retail expansion in South and East India
  30 Nov 2022, in.fashionnetwork.com​​
  Les Petits plans to expand its brick-and-mortar presence in the South and East of India, where it is seeing strong sales. The multi-brand luxury children’s wear retailer is pursuing omni-channel expansion in the fast growing children’s wear market in India…
• Shopkhoj explores Artificial Jewellery Shops in Delhi ,Jaipur & other cities in India
  30 Nov 2022, einnews.com​​
  DELHI, INDIA, November 30, 2022 /EINPresswire.com/ — Walk into any of the big museums in the world – the Metropolitan Museum of Art in New York, the British Museum in London, or The Indian National Museum- and you will be captivated by the amazing jewelry highlighting the different cultures…
• The progressive future of the Indian snacking and food vending machine business
  30 Nov 2022, timesofindia.indiatimes.com​​
  Ever since the pandemic-induced digitization gained momentum, technology rules our lives. New-age technologies such as AI and ML have revolutionized various sectors ranging from healthcare and events, to finance, education, etc. just to mention a few. The food & beverage industry was largely untouched but over the course of time, digitization has entered this domain as well…
• D2C brand Juicy Chemistry ventures into colour cosmetics
  30 Nov 2022, thehindubusinessline.com​​
  Juicy Chemistry, the organic skincare and haircare D2C brand, is venturing into the colour cosmetics space as it aims to garner annual recurring revenue of ₹100 crore by the end of 2023. The start-up, which is backed by Belgium investment firm Verlinvest, has launched a new brand called Color Chemistry to offer a range of certified organic cosmetics products…
• WayCool Foods expands ready-to-cook product portfolio
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  WayCool Foods co-founder and Managing Director Karthik Jayaraman said, “Freshey’s has witnessed massive traction in Chennai and other markets of Tamil Nadu.. with the launch of Freshey’s Bread range, we are happy to enhance our presence on the breakfast table.”…
• Barbeque Nation opens 2nd outlet in Kochi, 5th in Kerala
  30 Nov 2022, thehindubusinessline.com​​
  The spacious outlet is spread over 4,676 sq ft and can accommodate 144 people Continuing with its expansion in Kerala, Barbeque Nation, one of the leading casual dining chains in India and the pioneer of the concept of ‘live-on-the-table’ grill, has launched its second outlet in Kochi at Kakkanad….
• D2C brand Melorra clocks ARR of $100 million in six years
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  Delivering in over 26,000 pin codes across India, UAE, USA, UK, and Europe, Melorra offers trendy, lightweight, BIS Hallmarked gold & diamond jewellery at affordable prices…
• India-Australia ECTA seen boosting gems & jewellery trade to $2 billion
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  “By providing preferential access for Indian gems and jewellery exports, the deal also makes it cheaper for Australian retailers to procure world-class jewellery crafted with finesse from Indian manufacturers. We expect the agreement to boost bilateral gem and jewellery trade from USD 1.3 billion at present to USD 2 billion,” said Vipul Shah, chairman, GJEPC…
• Re-commerce marketplace Cashify to open 250 stores by March 2023
  30 Nov 2022, thehindubusinessline.com​​
  In addition, the company plans to expand to 30 more cities by the end of 2022, and by the end of this year, it will be present in over 100 cities…
• A Flipkart veteran is building unified shopper identity across stores
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  The Indian startup created by engineer Ranjith Boyanapalli, a former executive at Walmart Inc.’s Flipkart, raised the funds from backers including Global Founders Capital Management and angel investors such as Binny Bansal and Sujeet Kumar…
• Real Bharat to drive next wave of retail; data a game changer: Industry leaders at ETRetail Business Leadership Summit 2022
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  More than 40 industry leaders, CEOs of top retail and D2C brands across categories, CTOs, digital commerce heads, and supply chain experts came together under one roof for the third edition of the ETRetail Business Leadership Summit 2022, held in Mumbai…
• Myntra partners global fashion house Boohoo Group for India entry
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  The partnership will see Boohoo and Nasty Gal cater to fashion-forward Indian consumers for the first time, while also marking DP’s re-entry into the country, following the brand’s acquisition by the Boohoo Group, it said in a statement…
• How the middle class has turned cities into India’s growth engine
  30 Nov 2022, freepressjournal.in​​
  India’s 63 biggest cities are now home to more than a quarter of its middle class. They also generate 29% of the country’s disposable income that drives demand for goods and services, fuelling an economic boom,…
• Baby Moo – The Only Indian Brand Offering More Than 3500 Baby Products At Your Fingertips
  30 Nov 2022, freepressjournal.in​​
  The pandemic changed our world. It changed the way we look at things. It changed the way we look at life. A lot of life was brought into this world during and after the pandemic. Late 2020, amid the Covid mayhem, Baby Moo was born. 3 business minds and entrepreneurs from different walks of life launched a retail brand of baby products – Baby Moo…
• Vishal Goyal: The game-changer of textile industry
  30 Nov 2022, forbesindia.com​​
  All of us have sometime or the other brought clothes, without a trial, either from a brick-and-mortar store or an e-commerce platform and unfortunately have regretted our decisions. Mr. Vishal Goyal, Founder of brands like Eternea and ItsEasy4All.com is working towards alleviating such pain points of customers and dealers so that the fashion industry can be more agile and robust while standing at the forefront in boosting India’s Economy…
• Amway repositions skin-care brand Artistry
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  Ajay Khanna, CMO at Amway said in a statement, “health-conscious consumers are looking for products that are enhanced with nutrients.” He said the anti-aging market in India is estimated to grow at a CAGR of 8.84% in the next five years, indicating the immense potential for the segment, adding that a majority of Indian consumers prefer beauty products with a combination of chemical-free, vegan, and plant-based claims…
• Govt e-marketplace GeM achieves Rs 1 lakh crore GMV in FY23 alone
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  Cumulatively, GeM has surpassed the Rs 3 lakh crore GMV since inception, and the total number of transactions on GeM also recently surpassed 1.2 crore, according to GeM CEO PK Singh. GeM (or e-Marketplace) has over 63,000 government buyer organisations as well as over 54 lakh sellers and service providers, offering a wide range of products and services…
• Alibaba to sell $193 mn stake in Zomato through block trade
  30 Nov 2022, livemint.com​​
  Alibaba aims to sell shares of Zomato Ltd worth at least $193 million through a block trade, according to deal terms seen by Mint…
• Big overseas brands sending out feelers for India debut
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  These brands are in discussions for signing up local partners and to decide on the location to open stores, they said. They will most likely enter a metro city first before expanding operations…
• Liquor sales bubble over to 15% as demand increases for key segments
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  ​​”Based on the last ten calendar months, the industry is expected to grow in double digits, largely driven by a secular trend in premiumisation across categories. We also see a full recovery in out-of-home consumption while off-trade continue its growth momentum since several quarters now,” said Bikram Basu, VP, strategy and marketing at Allied Blenders and Distillers (ABD), the largest Indian spirits firm…
• Britannia enters JV with Bel SA; to sell 49% stake in Britannia Diary
  30 Nov 2022, retail.economictimes.indiatimes.com​​
  Bel Group is a world leader in branded cheese and a significant player in the healthy snacking segment with brands like The Laughing Cow, Kiri, Babybel, Boursin and Nurishh…
• Tata CLiQ Luxury Expands Luxury Fashion Portfolio, Launches Le Mill
  29 Nov 2022, indianretailer.com​​
  At Tata CLiQ Luxury, India’s premier luxury lifestyle platform, the fashion category has been a strategic focus. In its continuous effort to offer exclusive assortments and an unparalleled shopping experience by embracing the principles of the Slow Commerce brand philosophy, Tata CLiQ Luxury has always focused on the mindful curation of brands that resonate with the synergies and values of the platform…
• Pepperfry to Improve Furniture Delivery Experience
  29 Nov 2022, indianretailer.com​​
  E-commerce is expected to grow 96 percent between 2021-2025 in India, reaching $120 billion in transaction value. With that growth comes delivery complexity, particularly for big and bulky deliveries such as furniture and other oversized home items. Pepperfry, the leading e-commerce home goods company, headquartered in Mumbai, India, is working with FarEye to simplify last-mile delivery, particularly for oversized deliveries requiring installation…
• Nykaa Unveils Olaplex on its Platform
  29 Nov 2022, indianretailer.com​​
  Nykaa, the country’s leading beauty and lifestyle destination, launches the much-awaited haircare Olaplex on its platform. A revolution in the haircare industry, Olaplex has quickly become a sensation the world over, paving the way for a completely new category of haircare called “bond-building”. With a promise of 100 percent authenticity, quick delivery, and a strong retail prowess, Nykaa is bringing Olaplex’s range of 8 products online and to 30 stores, just in time for the Holiday season…
• Tetra Pak Unveils Tetra Stelo Aseptic Package in India
  29 Nov 2022, indianretailer.com​​
  Tetra Stelo Aseptic, the latest member of Tetra Pak’s global packaging portfolio, is now the package of choice for Minute Maid, the leading nutrition brand under The Coca-Cola Company’s portfolio in India. This is the first ever Tetra Stelo Aseptic package for The Coca-Cola Company in the world, and the first time the package is being launched by Tetra Pak in the Asia Pacific region…
• Meet the three women entrepreneurs at the forefront of India’s retail revolution
  29 Nov 2022, yourstory.com​​
  AWS Women in Tech Series put the spotlight on three women entrepreneurs who didn’t just make the most of the retail evolution, but also scaled despite the challenges…
• L’Oréal to bring in more premium hair care products
  29 Nov 2022, livemint.com​​
  L’Oréal India’s professional products division plans to launch some brands in India, said Omar Hajeri, president, L’Oréal professional products division, which sells brands such as Kerastase, L’Oréal Professional, and Matrix in India. The move comes in the wake of strong demand for its premium and specialised products both at home and at salons…
• Filatex Fashions picks up 51% stake in Sri Lankan firm for $7.55 m
  29 Nov 2022, thehindubusinessline.com​​
  Filatex Fashions Limited (FFL), a BSE-listed socks manufacturer, is picking up 51 per cent stake in Sri Lankan apparel manufacturing company Isabella (Private) Ltd for about $7.55 million (approx Rs 60.40 crore)…
• Food-tech venture Pluckk records $5mn annualised revenue run rate in October
  29 Nov 2022, retail.economictimes.indiatimes.com​​
  Since its launch in January this year, Pluckk – the foot-tech venture owned by Fruveggie Tech Pv Ltd – has seen its customer base cross 1,00,000, it said in a statement…
• Innerwear brand VIP Clothing to expand its athletic and comfort wear portfolio
  29 Nov 2022, retail.economictimes.indiatimes.com​​
  In the womenswear segment, VIP is focusing on lingerie and comfort wear and is also expanding its kidswear portfolio. The company has already launched its kidswear brand and in the next 2 months, will be launching its new portfolio, said Pathare…
• Revenue of organised electrical, kitchen appliances industry to grow by 8-10 pc this fiscal: Report
  29 Nov 2022, retail.economictimes.indiatimes.com​​
  This 8-10 per cent revenue growth expected during this fiscal will also be supported by increasing usage of smart technologies and similar buying behaviour among rural and urban consumers towards such products, according to a report by Crisil Ratings…
• Falling input costs may cool prices of essentials, apparels
  29 Nov 2022, retail.economictimes.indiatimes.com​​
  Fast-moving consumer goods (FMCG) firms such as Hindustan Unilever, Britannia, ITC, Marico and Emami have indicated in their recent earnings calls that input cost pressure is set to ease in the next two quarters…
• Now, Amazon to shut its wholesale distribution business in India
  29 Nov 2022, retail.economictimes.indiatimes.com​​
  Called Amazon Distribution, the business operates in Bengaluru, Hubli and Mysore. This is the third business Amazon has shut in India in the past week…
• India registers 93.5 mn sq ft of total leasable area under listed Reits assets
  28 Nov 2022, entrepreneur.com​​
  India recorded 6.85% yearly growth in total leasable area of listed Real Estate Investment Trust (Reits) from 87.6 million sq ft as of 30 September 2021 to 93.6 million sq ft as of 30 September 2022, according to a report by Windmill Capital, a Sebi-registered research analyst…
• A 20 Years Old Tries To Disrupt The $500 Billion FMCG Market In India
  28 Nov 2022, entrepreneur.com​​
  In a country that still hasn’t gotten rid of the conservative mindset of having a government job, Soptle is the name of a revolutionary breakthrough made by a nineteen year-old boy, Pravas Chandragiri. Probably because the business in his blood cannot be avoided, at the age of 12, the boy learned his baby steps in business while managing his uncle’s kirana store at Balasore (Odisha)…
• Tynimo Eyes to Boost its Offline Presence Around Major Cities
  28 Nov 2022, indianretailer.com​​
  Direct-to-consumer lifestyle brand, Tynimo is expanding its offline sales by planning to grow around major cities in the country and stepping up the procurement of home-grown products, as fierce competition in the lifestyle segment drives brands to seek out newer channels of growth…
• Plotted projects gain traction post-pandemic: Brigade JMD Nirupa Shankar
  28 Nov 2022, deccanherald.com​​
  The Covid-19 pandemic changed many things for real estate buyers and developers. In a wide-ranging interview, Brigade Group Joint Managing Director Nirupa Shankar told DH’s Lavpreet Kaur all about the changes, especially the rise in demand for plotte…
• IKEA store owner eyes more price cuts as some input costs ease
  28 Nov 2022, theprint.com​​
  Ingka Group, the owner of most IKEA furniture stores, is planning additional price cuts as some input costs ease, its retail manager told Reuters on Monday, a reversal from price hikes introduced last year to counter soaring inflation…
• Retail Sales Jump As Shoppers Snap Up Black Friday Deals
  28 Nov 2022, bqprime.com​​
  Top executives that BQ Prime spoke with estimated Black Friday sales to be 20–50% higher than the pre-Covid period…
• Retail leasing gaining ground in India, to reach new heights by year-end
  28 Nov 2022, financialexpress.com​​
  Retail real estate players and mall developers are ecstatic about the windfall gains they are experiencing at the moment…
• German electronic manufacturing firm Hama enters India market
  28 Nov 2022, retail.economictimes.indiatimes.com​​
  Hama, manufacturer in various categories like gaming, computers, mobility, photo, video, audio, and multimedia, has signed pacts with Supertron Electronics Pvt Ltd., Creative Newtech Ltd and Limonics Distribution for pan-India distribution…
• Godrej’s furniture arm to add 100 stores annually
  28 Nov 2022, thehindubusinessline.com​​
  The furniture company is also developing 50 to 60 new products, and plans to launch them in five to six months, said Nagarkar…
• Black Friday gets Kolkata malls buzzing with bargain shoppers
  28 Nov 2022, retail.economictimes.indiatimes.com​​
  From New Town to Anwar Shah Road, Park Circus to Salt Lake City, Kolkatans have been making the most of the holiday weather, World Cup fever, wedding season and upcoming festivities for indulgent shopping. CT went mall-hopping over the weekend to get a slice of the action…
• Why slower growth could be good for India, according to some economists
  28 Nov 2022, livemint.com​​
  India’s annual economic growth is forecast to slow to about 6% for a few years, according to economists including from Goldman Sachs Group Inc. and Barclays Plc.. And they say that’s not such a bad thing…
• S&P cuts India’s FY23 GDP growth forecast by 30 bps to 7%
  28 Nov 2022, retail.economictimes.indiatimes.com​​
  ​​S&P Global Ratings on Monday revised India’s FY23 GDP growth forecast downwards by 30 bps to 7 per cent. For FY24, the forecast has been revised by 50 bps to 6 per cent…
• Contribution of new launches higher in Sept quarter in FMCG: Nielsen report
  28 Nov 2022, thehindubusinessline.com​​
  ​​Companies adopt different measures to rejig pricing strategies to win back consumers, including innovations in pack sizes, it said…
• Aditya Birla Group’s venture TMRW partners with 8 digital-first lifestyle brands
  28 Nov 2022, retail.economictimes.indiatimes.com​​
  ​​With these partnerships, TMRW aims to create a technology-led digital first ‘House of Brands’ business over the next several years. The company said it has already achieved a revenue run-rate of Rs 700 crore and is on a path to cross an annual revenue rate of Rs 1,500 crore in the next 12 months…
• Coming soon: Dabur India’s D2C portal
  28 Nov 2022, yourstory.com​​
  Dabur India is venturing into the D2C space by launching its own website, Dabur Shop. The FMCG major is eyeing Rs 100 crore revenue from the sale of digital-first brands by the end of FY23…
• Global apparel companies bounce back in India in style
  28 Nov 2022, retail.economictimes.indiatimes.com​​
  About half a dozen global apparel and lifestyle brands expanded anywhere between 30% and 70% to garner combined annual revenues of nearly $2 billion in FY22, reversing the performance from a year ago when Covid-induced curbs on mobility and business operations caused sales to shrink…
• Global apparel companies bounce back in India in style
  28 Nov 2022, economictimes.indiatimes.com​​
  About half a dozen global apparel and lifestyle brands expanded anywhere between 30% and 70% to garner combined annual revenues of nearly $2 billion in FY22, reversing the performance from a year ago when Covid-induced curbs on mobility and business operations caused sales to shrink…
• India may soon be the largest market for L’Oreal in Apac
  28 Nov 2022, retail.economictimes.indiatimes.com​​
  Across the Asia Pacific, Middle East and North Africa regions, the largest number of its consumers will come from India between now and 2030, a senior executive of cosmetics and beauty company L’Oreal said…
• Sales, footfall at Nexus malls exceed pre-Covid level
  28 Nov 2022, telegraphindia.com​​
  ‘I think people were a little tired of sitting at home. They were ordering food but now they are eating out at restaurants… Calcutta is a great market and we would want to be there’…
• Odisha: Govt eyes huge investments in textile sector
  28 Nov 2022, retail.economictimes.indiatimes.com​​
  The state government has made the textile and apparel industry a focus area for the Make in Odisha conclave with the aim to draw huge investments in the sector…
• FMCG makers encouraged by early trends from winter products, hopeful of rural growth in coming quarters
  28 Nov 2022, retail.economictimes.indiatimes.com​​
  Leading FMCG makers are witnessing encouraging trends from the initial pickup of their winter products portfolio, expect consumption to accelerate further as mercury dips, making them hopeful for growth from the rural areas. Makers such as Dabur, Emami and Marico are witnessing pickup in their winter-specific products portfolio ranging from skin care products to immunity products such as chyawanprash and honey…
• Acropolis Presents “Kolkata Fries” – the favourite fried food festival of Kolkata
  27 Nov 2022, thetimesofbengal.com​​
  Kolkata , the city of joy is known for its quintessential soft corner for chop and cutlets- the traditional fried food items- Bengali die for. To leverage this, Acropolis Mall, India’s one of the premium malls has brought “Kolkata Fries”- the mouth watering fried food festival. The festival will continue till November 27 coinciding with Black Friday Sales- phenomenal sales boosting activity originated in USA …
• Here’s how Zomato is increasing sale using regional languages
  27 Nov 2022, livemint.com​​
  Zomato, an online food delivery service, has announced that its app will now be available in Hindi and other regional languages such as Gujarati, Kannada, Bengali, Malayalam, Punjabi, Marathi, Tamil and Telugu…
• Handicrafts sector plays a significant & important role in the country’s economy: Centre
  27 Nov 2022, livemint.com​​
  The office of the development commissioner (handicrafts) has been implementing the scheme of national awards for master craftspersons since 1965 and Shilp Guru Awards was introduced in 2002…
• From wine to fishing tackle, retailers pray Advent calendars draw in shoppers
  27 Nov 2022, retail.economictimes.indiatimes.com​​
  The calendars traditionally mark every day in December of Advent, a time of reflection for Christian believers and of preparation for the Nativity and expected return of Jesus Christ…
• Fake online reviews: New guidelines and how will they benefit consumers
  27 Nov 2022, retail.economictimes.indiatimes.com​​
  On Monday (November 21), the government announced new standards after constituting a committee on checking fake and deceptive reviews on June 10 earlier this year. The new standard titled “IS 19000:2022” under the Bureau of Indian Standards (BIS) mandates platforms to have review administrators to moderate reviews to filter (using tools or manually) biased or fraudulent reviews…
• Brands jump on to Black Friday bandwagon, extend sale period
  26 Nov 2022, economictimes.indiatimes.com​​
  Electronic goods and smartphone makers, ecommerce platforms, grocery stores, fashion brands, restaurants and cafes, multiplexes, hotels and malls clambered aboard the Black Friday bandwagon…
• Turtle Ltd opens its first store in Hyderabad
  26 Nov 2022, newindianexpress.com​​
  Apparel retail store, Turtle Ltd, opened its first store in Hyderabad and its 150th store in India in Sarath City Capital Mall, Gachibowli on Friday…
• Nykaa records 75% GMV growth, 12 times jump in revenue on Day 1 of Pink Friday sale
  26 Nov 2022, retail.economictimes.indiatimes.com​​
  “Nykaa Pink Friday Sale has delivered a 75 per cent growth in GMV compared to the previous year. With over 400 orders recorded every minute on Day 1 this year, the total order volume reached 8 lakhs,” Nykaa spokesperson said…
• Brands jump on to Black Friday bandwagon, extend sale period
  26 Nov 2022, retail.economictimes.indiatimes.com​​
  Electronic goods and smartphone makers, ecommerce platforms, grocery stores, fashion brands, restaurants and cafes, multiplexes, hotels and malls clambered aboard the Black Friday bandwagon. Many are extending the sale period over the weekend to the start of next week or Cyber Monday, originally coined for ecommerce sales…
• Reliance Retail to open store chain for India’s artisans with ‘Swadesh’
  26 Nov 2022, retail.economictimes.indiatimes.com​​
  According to the sources, Reliance plans to partner with the state governments to promote artisanal products and also take ‘Swadesh’ global. It has already signed an agreement with the West Bengal government for this…
• Offline, online sales soar as shoppers clamour for best Black Friday deals
  25 Nov 2022, business-standard.com​​
  Retail brands and malls expect sales to grow by as much as 50% this time over the 2019 figures, when Black Friday as a concept began gaining momentum in India…
• How India’s growing Aviation is fuelling growth in Real Estate
  25 Nov 2022, timesofindia.indiatimes.com​​
  Historically, infrastructure and real estate feed into each other. Large-scale infrastructure projects such as ports and railway corridors were marked by townships in the vicinity and growth in commercial catchments…
• Kajal Aggarwal Invests in T.A.C. -The Ayurveda Company
  25 Nov 2022, indianretailer.com​​
  Bollywood and Tollywood actress Kajal Aggarwal has led the latest $15 million funding round of The Ayurveda Co. (T.A.C.) as the direct-to-consumer (D2C) Ayurveda brand has raised its Series A funding round, the company said in a press release…
• Grab a deal at Acropolis Mall’s Black Friday Sale from November 25 to 28
  25 Nov 2022, indianretailer.com​​
  Acropolis Mall is celebrating the spirit of the American holiday sale — Black Friday — right here in the city from November 25 to 28. Brands like Shoppers Stop, Croma, AND, Biba, Bata, VIP, Body Shop, Nykaa, Color Bar have offers that will make your shopping experience rewarding…
• Fabindia Expands Offline Presence, Opens Largest Experience Center in India
  25 Nov 2022, indianretailer.com​​
  Fabindia, one of India’s leading homegrown brands for handmade products made by artisans using traditional craft techniques for modern-day living, has just unveiled its largest Experience Center to date in India…
• Emerging Realty Hotbeds in Gurugram, for End-use and Investment
  25 Nov 2022, aninews.in​​
  Emerging Realty Hotbeds in Gurugram, for End-use and Investment…
• Delhi: 200 eateries given licences for open-air dining in a week
  25 Nov 2022, retail.economictimes.indiatimes.com​​
  The Municipal Corporation of Delhi (MCD) issued an order on November 3 allowing restaurants and eateries to apply for the licence…
• Tea demand drops 10.35% during Sale-47 this week, Darjeeling leaf scores gain
  25 Nov 2022, livemint.com​​
  The total demand for all categories of teas declined by 10.35 per cent during Sale-47, Calcutta Tea Traders Association data (CTTA) said on 25 November. The Sale-47 was held from November 22 to 24…
• OPINION- Luxury’s foray into digital commerce: future or fad?
  25 Nov 2022, retail.economictimes.indiatimes.com​​
  Luxury sales in India are expected to grow to $7.74 billion in FY23 thanks to a strong recovery from the pandemic and growing demand from consumers in tier 2 cities and gen Z. Most of this emerges from offline retail but the contribution of online sales grew from 3.5 % in 2017 to 6.5% in 2021…
• Indian retailers are set for global acquisition
  25 Nov 2022, thehindubusinessline.com​​
  Fears over FDI in retail are overblown. Metro AG’s success in understanding India’s complexities shows the way forward…
• India to grow at ‘moderately brisk rate’, inflation to ease: Finance ministry
  25 Nov 2022, retail.economictimes.indiatimes.com​​
  India is well placed to grow at a “moderately brisk rate” in the coming years on the back of macroeconomic stability, despite global monetary tightening, a finance ministry report said on Thursday…
• IKEA stores owner Ingka’s annual operating profit rises 9%
  25 Nov 2022, retail.economictimes.indiatimes.com​​

  The world’s biggest furniture retailer said operating profit in the 12 months through August was 2.04 billion euros ($2.12 billion), on sales growth of 6%. It had in March predicted price increases would average 12% in the year…

• Now showing. PVR Cinemas sets next pace for growth across tier-1, -2 cities
  25 Nov 2022, thehindubusinessline.com​​
  The company plans to unveil 100 screens every year, says Sanjeev Kumar Bijli, Joint Managing Director…
• Suniel Shetty Introduces Men’s Jewelry Brand, MetaMan
  25 Nov 2022, business-standard.com​​
  Bollywood actor Suniel Shetty officially launched India’s first exclusive men’s jewelry brand, MetaMan on International Men’s Day; along with its debut collection, which represents a true blend of natural ruggedness and new-age sophistication…
• PVR Cinemas opens first ever IMAX superplex at Lulu Mall in Kerala
  25 Nov 2022, business-standard.com​​
  Explaining expansions plans in south India, Joint MD of PVR Ltd, Sanjeev Kumar Bijli said by next year, total 31 screens will be opened in Bengaluru while 5 more screens will be launched in Chennai…
• Sustainability for 60% Indian businesses is driven by regulatory threat: Study
  25 Nov 2022, livemint.com​​
  The study has also revealed that although the significance of sustainability is well understood, much work remains to be done to ensure sustainability ambition translates into action…
• Exporters demand fiscal incentives, credit at affordable rates in Budget
  25 Nov 2022, retail.economictimes.indiatimes.com​​
  In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports’ competitiveness and the sector requires more support…
• Amazon-Samara-owned retail chain More Retail’s net loss jumps 4 times in FY22 at Rs 402 crore
  25 Nov 2022, retail.economictimes.indiatimes.com​​
  The Amazon and Samara Capital-owned retailer, which plans its initial public offering (IPO) over the next 12-18 months, reported earnings before interest, tax, depreciation and amortisation (Ebitda) loss of Rs 83 crore in 2021-22 against Ebitda of Rs 196 crore in FY21, as per its latest regulatory filings to the Registrar of Companies (RoC)…
• ‘Zomato will become more aggressive than Swiggy’
  25 Nov 2022, retail.economictimes.indiatimes.com​​
  Investment firm Jefferies has said in a research note that Zomato will become aggressive in the coming months in an attempt to drive growth. It noted that Zomato’s rival Swiggy might drop its aggressive stance in the food delivery market in order to reduce its losses…
• Birla Fashion may pay Rs 100 crore for majority stake in Bewakoof
  25 Nov 2022, retail.economictimes.indiatimes.com​​
  Firms sign non-disclosure deal; D2C firm’s team to join Aditya Birla’s new firm, say sources…
• Levi’s Expands Product Portfolio, Unveils Winter Collection
  24 Nov 2022, indianretailer.com​​
  As a California brand, Levi’s is deeply in touch with the West Coast lifestyle. But “West” doesn’t always mean beaches and sunshine. Mountains, forests, valleys, and lakes are a major part of the region as well. It’s a place where nature is right at your doorstep, and where an outdoor life means dressing for both comfort and style. For those who do, there’s a new Levi’s collection called Levi’s Gold Tab…
• Nike Opens Bigger, Better, and Bolder Sporting Hub in Delhi
  24 Nov 2022, indianretailer.com​​
  Nike and retail partner, Camp India Pvt Ltd., is set to unveil the capital city’s pinnacle expression of sport and wellness, Nike Delhi at Select CITYWALK on November 23. The store, which has served fitness enthusiasts who live, work, and play in South Delhi’s Saket District for the past 15 years, brings a renewed focus on women and member services to inspire Delhi-ites to make sport a daily habit…
• KDM Aims for Make in India, Make for the World
  24 Nov 2022, indianretailer.com​​
  Supporting the government’s Make in India initiative, Mumbai-based leading consumer lifestyle and premium mobile accessories brand KDM has chalked out ambitious plans including the idea of ‘Make in India, Make for World’, thereby promoting self-reliance in mobile accessories…
• XYXX Expands Offline Retail Presence, Opens First Mall Store in Mumbai
  24 Nov 2022, indianretailer.com​​
  XYXX, a leading men’s premium innerwear and lifestyle label crafting apparel for the discerning Indian man strengthen its offline retail presence with the launch of its first-ever exclusive Brand Outlet. ..
• Homegrown brands are expanding, despite new international names: Nexus Malls’ CEO Sehgal
  24 Nov 2022, deccanherald.com​​
  Investment firm Blackstone Inc-backed Nexus Malls filed draft papers for an initial public offering (IPO) with the market regulator Securities and Exchange Board of India (SEBI) last week, a first by an Indian retail real estate investment trust (REIT)…
• Pluckk to enter Delhi-NCR in branded fruits and vegetables
  24 Nov 2022, indianretailer.com​​
  The direct to consumer venture, launched in January this year, has now been clocking a revenue of about ₹3-3.5 crore per month…
• India Becoming a Retailing Hotspot for Global Fashion Brands
  24 Nov 2022, indianretailer.com​​
  The crowded markets and malls have prompted many international brands to tilt their spotlight to India since post-Covid markets recovery seems to be at an all-time high for retail brands…
• India headed for slower growth next year: Moody’s
  24 Nov 2022, retail.economictimes.indiatimes.com​​
  A recession is unlikely in the APAC region in the coming year, although the area will face headwinds from higher interest rates and slower global trade growth, Moody’s Analytics said on Thursday. In its analysis titled ‘APAC Outlook: A Coming Downshift’, Moody’s said India is headed for slower growth next year more in line with its long-term potential…
• How to turn Black Friday into big profits for your retail or e-commerce business?
  24 Nov 2022, retail.economictimes.indiatimes.com​​
  Black Friday, rightfully originating in the USA, is possibly one of the greatest tributes to consumerist culture. This 24-hour flash sale falls on the day after Thanksgiving. From big box stores to smaller mom-and-pop businesses, participating retailers offer heavily discounted merchandise that shoppers queue to grab…
• Meesho strengthens its tech leadership team, appoints Divyesh Shah as VP of engineering
  24 Nov 2022, retail.economictimes.indiatimes.com​​
  The latest appointment will strengthen Meesho’s tech leadership team as the company looks to onboard more users and increase its presence in India’s underserved markets, the release read. Earlier this year, the company announced the appointment of Debdoot Mukherjee as its chief data scientist…
• Udaan raises $35-40 million from Temasek & DBS backed EvolutionX
  24 Nov 2022, retail.economictimes.indiatimes.com​​
  With the latest investment, the total funds raised by Udaan in the last four quarters have reached USD 400 million…
• Tata Consumer Products, Ramesh Chauhan in discussions for sale of Bisleri: Report
  24 Nov 2022, retail.economictimes.indiatimes.com​​
  Tata Consumer Products Limited (TPCL) is all set to acquire Bisleri International, the Economic Times reported on Thursday, citing the packaged water maker’s chairman Ramesh Chauhan. The deal is estimated to be somewhere in the range of Rs 6,000 crore to Rs 7,000 crore, the report said…
• From Bath & Body Works to Samsung, the biggest Black Friday deals in India
  24 Nov 2022, cnbctv18.com​​
  As the fourth Friday of November approaches, so do big discounts and exciting deals for shoppers. Black Friday is the immediate Friday after Thanksgiving…
• Pre-Engineered Buildings: The need of the hour to fulfil the burgeoning space demand quickly
  24 Nov 2022, financialexpress.com​​
  According to KMPG, the industry faced a daily loss of Rs 30,000 crore during the covid-induced lockdowns. Besides, it also witnessed 13 to 30% reduction in investment…
• Pubs, eateries bank on FIFA World Cup to lift consumption
  24 Nov 2022, livemint.com​​
  Eateries and pubs as well as liquor companies are hoping the ongoing FIFA World Cup 2022 will boost sales as football fans step out and watch the sporting event in groups…
• Garnier aims to grow India to its top 5 markets; focus on skincare category: Adrien Koskas, global brand president
  24 Nov 2022, retail.economictimes.indiatimes.com​​
  “For us, the skincare market, which is very competitive in India, is the priority to grow,” Koskas commented…
• GKB Opticals expands retail presence in Mumbai
  23 Nov 2022, indianretailer.com​​
  India’s leading optical retail chain GKB Opticals has strengthened its retail presence with the addition of a new store in the city of Mumbai…
• Fabcurate Eyes Rs 20 cr Turnover for FY22-23
  23 Nov 2022, indianretailer.com​​
  India’s leading online fabric store Fabcurate has announced a growth of 40 percent in the total revenue of the company (Rs 16 crore) for the financial year 2021-22. The company was incorporated in the year 2020 and recorded a turnover of Rs 7 crore in the very first year of its inception. For the current FY 2022-23, the company is eyeing to clock Rs 20 crore revenue with expected growth of around 30 percent…
• JustMyRoots Offers Fresh Exotic Freshwater and Seawater Catch from Bhubaneswar
  23 Nov 2022, indianretailer.com​​
  JustMyRoots offers a wide spread of freshwater catches straight from Chilika Lake, Odisha to the consumer’s doorstep…
• Mane Invests €23 mn to Strengthen India Operations
  23 Nov 2022, indianretailer.com​​
  Mane Group, a global manufacturer of fragrance and flavors from France, has announced an investment of €23 million (more than Rs 190 crores) in the two new facilities that comprise its second and largest manufacturing unit for fragrance and flavors in Gujarat, and the advanced Innovation Centre exclusively for flavors in Hyderabad…
• Meesho to Democratize Internet Commerce with ONDC
  23 Nov 2022, indianretailer.com​​
  Meesho has announced its integration with the government’s Open Network for Digital Commerce (ONDC) to help connect buyers with hyperlocal sellers and support India’s vision of creating an inclusive e-commerce ecosystem…
• Baccarose Brings Diego dalla Palma to India
  23 Nov 2022, indianretailer.com​​
  Founded in Italy, Diego dalla Palma has announced its foray into the Indian market with its quirky, colorful, and premium make-up range. The Italian brand will be available online on Parcos’ official website and its retail outlets among other e-commerce platforms and retail outlets across the country…
• How are Beauty-Focused Platforms Changing The Retail Game in India
  23 Nov 2022, indianretailer.com​​
  Over the past decade, digitalization has changed almost every industry in the world. It is, therefore, natural to wonder how this has affected the beauty industry in so many ways, from developing more creative marketing strategies to promoting it on various platforms to fostering trusting relationships with clients…
• Statiq partners Nexus Malls to deploy EV chargers across India
  23 Nov 2022, financialexpress.com​​
  Over the last year, Statiq has launched numerous charging stations to reinforce its network…
• Statiq to Install EV Charging Stations in Multiple Malls in India
  23 Nov 2022, indianautosblog.com​​
  Statiq has teamed up with Nexus Malls to set up EV chargers in the parking lots of all their 17 malls across India. This collaboration will bolster EV charging facilities across the country at prime locations, thus helping multitudes of EV users. Nexus Malls has 17 malls across 13 cities such as Chandigarh, Amritsar, Mumbai, Pune, Mangalore and more in its ambit…
• Swiggy’s food delivery arm GMV grows to $1.3 bn in six months of ’22: Prosus
  23 Nov 2022, livemint.com​​
  Food tech major Swiggy has seen grwoth in its total sales and order volume in the first six months of current year, according to a report by Prosus, one of company’s biggest investor…
• Chinese smartphone brands press pause on next year’s plans
  23 Nov 2022, retail.economictimes.indiatimes.com​​
  Smartphone brands begin their planning and projections for the next year from October-November, said Navkendar Singh, associate vice president, IDC India. “Right now, there are a lot of uncertainties in the (Chinese) companies. Nobody is committing to what sort of investment in marketing and distribution will happen next year.”…
• Karnataka: Prices of milk, curd to be increased from tomorrow. Details here
  23 Nov 2022, livemint.com​​
  The rising inflation is leaving impacts on the Indian market as the Karnataka Milk Federation (KMF) on Wednesday decided to increase the price of Nandini brand of milk (per liter) and curd (per kg) by Rs. 2, which will be effective from Thursday…
• Kerala: Liquor price to go up as state govt raises sales tax by 4%
  23 Nov 2022, livemint.com​​
  As the Kerala government decided to raise the sales tax on liquor by 4%, the price of Indian Made Foreign Liquor (IMFL) is expected to increase in the coming days…
• Global economy slows, but seems set to avoid recession
  23 Nov 2022, livemint.com​​
  The global economy is slowing as a turbulent 2022 draws to a close, but economists don’t expect it to slide into recession, even if some of the world’s biggest countries do…
• Plurality of players is a win-win for businesses and customers: Arzooo CEO Khushnud Khan
  23 Nov 2022, thehindubusinessline.com​​
  The beginning of the end of deep discounting will help online and offline players compete on an even keel, says Khushnud Khan…
• Xiaomi revenue falls in third quarter as COVID-19 controls bite
  23 Nov 2022, retail.economictimes.indiatimes.com​​
  Sales in the third quarter reached 70.17 billion yuan ($9.81 billion), down from 78.063 billion yuan the same quarter a year ago, slightly missing analyst expectations of 70.52 billion yuan…
• Online retail will continue to flourish despite offline retail picking: Dhiraj Gupta of mFilterIt
  23 Nov 2022, bestmediainfo.com​​
  In the aftermath of the pandemic, offline retail channels have been gaining momentum for some time now as a sense of normalcy has kicked in, but consumers still prefer shopping online from e-commerce platforms, says Dhiraj Gupta, Co-founder and CTO, mFilterIt…
• The Bharat Playbook: Britannia, Nestle improve their rural game, more focus on direct reach
  23 Nov 2022, financialexpress.com​​
  Britannia has appointed 28,000 rural preferred dealers (RPD), leading to consistent market share gains, it said during its September quarter earnings…
• Economists see Q2 GDP growth at median 6.45%
  23 Nov 2022, retail.economictimes.indiatimes.com​​
  The median of the 10 economists’ forecasts for the quarter was 6.45%. Gross domestic product (GDP) grew 13.5% in the first quarter of FY23, boosted by the low base a year ago. The waning base effect – 8.4% growth in the second quarter of FY22 – would have pushed down the July-September number this year…
• Dunzo to Zepto, quick commerce deliveries may not be as fast in future
  23 Nov 2022, financialexpress.com​​
  As Naveen Malpani, partner, Grant Thornton Bharat, pointed out that with a limited basket size, multiple players competing in a limited catchment area and high costs of operations, profits are some time away…
• Sportswear from India’s Tirupur to Qatar World Cup 2022
  23 Nov 2022, retail.economictimes.indiatimes.com​​
  As per the Omanobserver, Tirupur in Tamil Nadu started out as a knitwear cluster but has since completely changed into the nation’s centre for worldwide textile manufacture…
• Men’s innerwear brand XYXX targets Rs 240 crore revenue this fiscal as it strengthens offline presence
  23 Nov 2022, retail.economictimes.indiatimes.com​​
  Recently, the innerwear brand launched its first brand outlet at Phoenix Marketcity Mall in Mumbai. Further, it has plans to expand in tier 1 and 2 markets including Indore and Surat…
• ‘We saw slight resurgence in entry-level products this Diwali, mass consumers coming back,’ says Vijay Sales director
  23 Nov 2022, retail.economictimes.indiatimes.com​​
  “Margins have always been under pressure in our industry. Off late, since online and other players have become very aggressive, margins are at a pressure point and I think it will continue to be under pressure for the next 2-3 years.”…
• Parle crosses $2 billion in sales during FY22
  23 Nov 2022, retail.economictimes.indiatimes.com​​
  The biscuit maker posted a 9% increase in net sales at Rs 16,202 crore while profit slipped 81% to Rs 256 crore during the year ended March. A year ago, it had sales of Rs 14,923 crore and profit of Rs 1,366 crore, according to the company’s filing to the Registrar of Companies…
• Adapting airport retail design: Haldiram’s Delhi store by groupDCA
  22 Nov 2022, hotelierindia.com​​
  With the theme to establish an airport like atmosphere in the interiors, groupDCA designed this 7211 sqft space like an arcade of retail seen in the airports, which are devoid of physical barriers, but having suspense and mystery to guess what’s next…
• Rupa & Company will open 16 EBOs
  22 Nov 2022, apparelresources.com​​
  Leading innerwear and casualwear brand Rupa & Company Ltd., will open 16 exclusive brand outlets (EBOs) in next four months…
• Hungama HiLife G1 Smartwatch Will Be Set for Grabs Offline Exclusively at TATA Croma Across Its Retail Stores in India
  22 Nov 2022, devdiscourse.com​​
  This Made in India product is making its debut offline exclusively in TATA Croma stores Mumbai, Maharashtra, India Business Wire India Hungama, Indias leading digital entertainment company, recently began their journey of exploring contemporary smartwatches through the G1 watch, available under their brand of lifestyle products, HiLife…
• FMCG demand likely to recover in second half of FY23: report
  22 Nov 2022, livemint.com​​
  Demand for fast moving consumer goods is expected to recover in the second half of the current financial year, said analysts…
• Welspun India expects revenue to cross Rs 15,000 crore in FY26
  22 Nov 2022, retail.economictimes.indiatimes.com​​
  Overall, Welspun India said, “FY26 expected to be upwards of Rs 15,000 crore at a CAGR (Compound Annual Growth Rate) of 24 per cent (over FY23 expected).”…
• IITF opens doors for small businesses, startups to reach new customers
  22 Nov 2022, retail.economictimes.indiatimes.com​​
  The 41st India International Trade Fair is being organised from November 14 to 27, 2022, at Pragati Maidan and all states are showcasing their progressive strides in various fields…
• Nykaa block deal: Lighthouse India Fund sells stake for 336 cr; BofA, Morgan Stanley buy
  22 Nov 2022, livemint.com​​
  As per the block deal data on BSE, Lighthouse India Fund III offloaded more than 1.84 crore equity shares in Nykaa at a price of ₹182 per share — amounting to approximately ₹335.72 crore…
• Bira 91 raises $70 million from Japanese beer company Kirin Holdings
  22 Nov 2022, retail.economictimes.indiatimes.com​​
  Premium beer company Bira 91 on Tuesday announced it has raised $70 million(approximately Rs 570 crore) in Series D funding, led by leading Japanese beer firm Kirin Holdings…
• Nykaa CFO Arvind Agarwal resigns
  22 Nov 2022, retail.economictimes.indiatimes.com​​
  ​​”This is to inform you Mr Arvind Agarwal, Chief Financial Officer of FSN E-Commerce Ventures Limited (“the Company”) will be leaving the Company, effective close of business hours on November 25, 2022, to pursue other opportunities in the digital economy & start-up space,” Nykaa said in a BSE filing…
• India’s uniqueness could make it the biggest market for us: Uniqlo’s Sei
  22 Nov 2022, outlookindia.com​​
  As Uniqlo’s India CEO Tomohiko Sei told FE in an interaction, India is big on the brand’s radar, with a potential to becoming its largest market as well as production centre…
• Kamal Haasan’s Fashion Line KH House Of Khaddar Steps Into The Retail Space
  22 Nov 2022, outlookindia.com​​
  Kamal Haasan’s massive success in the direct-to-consumer online market has prompted the team to expand into retail in India. KH House of Khaddar will now be available at ‘Collage’, a boutique store in Chennai…
• Zepto’s monthly sales currently double that of entire FY22, says CEO Palicha
  22 Nov 2022, financialexpress.com​​
  The startup has generated a total revenue of Rs 142.4 crore in FY22, while its revenue from operations stood at Rs 140.7 crore…
• L’Oreal appoints Aseem Kaushik as India Managing Director
  22 Nov 2022, retail.economictimes.indiatimes.com​​
  Kaushik has been with the company for 27 years and held several leadership positions within the group. Most recently, he led international teams in PPD (Professional Products Division)…
• How e-com giant Flipkart is powering India’s retail growth story
  21 Nov 2022, hindustantimes.com​​
  LuxuryIn an exclusive conservation with Hindustan Times, Rajneesh Kumar, Senior Vice President and Chief Corporate Affairs Officer, Flipkart, shared his perspective on India’s e-commerce ecosystem and how players such as Flipkart have acted as catalysts for change..
• What is pulling world’s ultra-luxury brands to India?
  21 Nov 2022, livemint.com​​
  Luxury brands are chasing growth in India, as well-heeled shoppers and local partners with deep pockets throw up opportunities in the market…
• Arvind and PurFi Global form joint venture to reduce textile waste
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  PurFi’s technology creates a circular solution that rejuvenates textile waste into virgin quality fibres, a joint statement said. This will process textile wastes — white cotton, coloured cotton, denim and synthetics — into virgin-like fibres for reuse from two lines, where each line will have a 5,500-tonne capacity per year with plans to expand over the next five years…
• Rupa & Co to strengthen retail footprint by setting up EBOs
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  Rupa & Co looks to strengthen its focus on modern trade channels even as it looks to grow its turnover…
• Shadowfax to facilitate same-day delivery service for D2C brands
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  Praharsh Chandra, cofounder and CBO of the company said, “The service enables a unique, never seen before mix of hyperlocal hub along with spoke logistics aided with air movement which gives D2C brands a super-fast experience to the consumer at a great cost.”…
• Delhi: Desi craft to electronics, all in demand at this trade fair
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  Slippers from Kerala made of coir, eco-friendly and light neck pieces from Kolkata, lamp shades with charma kalamkari art from Karnataka and a lint removing machine are among the attractions at the 41st India International Trade Fair at Pragati Maidan. The fair, which began on November 14 for business visitors, opened for the public from Saturday…
• Tata Cliq Luxury plans large-scale Black Friday sale starting Nov 23
  21 Nov 2022, business-standard.com​​
  Tata CLiQ Luxury, the premier luxury lifestyle platform, is hosting its annual Black Friday Sale from November 23 to November 28, 2022. The sale will have offers on global and Indian luxury and premium brands…
• India’s food service market to reach USD 79.65 bn by 2028: Report
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  Despite over 20 lakh jobs lost during the peak of the COVID-19 pandemic, the industry is expected to reach employment figures of 1 crore by 2025, as per the Food Service and Restaurant Business Report 2022-23, by Francorp and restaurantindia.in…
• Tata Consumer strengthens its green tea portfolio under Tetley
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  Puneet Das, President, packaged beverages, India & South Asia, TCPL said that the brand’s strategy is to differentiate and build relevance for the green tea category and grow the overall pie. “It’s not so much about market share. It is about expanding the pie of green tea.”…
• Tim Hortons plans to open 120 stores in next 3 years
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  At present, Tim Hortons has six stores — five in Delhi-NCR and one in Chandigarh, and by December, three more stores will be opened, Gurnaney noted. “We’re currently focused on the north, which is Delhi and Punjab but by early summer, late spring, we will be in Mumbai, Pune, Surat and Ahmedabad. There will be some off-highway locations. We are actually considering a few different locations in Bangalore,” the CEO said…
• Yandex buys up remaining IKEA Russia inventory
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  Yandex signed binding documents on Nov. 16 to buy more than 20 million IKEA products, from furniture to stuffed toys, left over from the final online sale this summer, it said, adding that it will start selling the items before the end of the year…
• How Burberry can take on LVMH
  21 Nov 2022, livemint.com​​
  New Burberry Group’s chief executive officer Jonathan Akeroyd and its highly regarded creative director Daniel Lee have an opportunity to create a British rival to France’s LVMH Moet Hennessy Louis Vuitton SE in the global market for luxury products…
• No prospect of recession in India, economy to grow 6-7 pc in next fiscal: Rajiv Kumar
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  Kumar further said there is a synchronized downturn in the US, Europe, Japan and also in China and that could take the global economy into a recession in the coming months…
• Deloitte expects India to post 6.5-7.1 pc growth in current fiscal
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  Despite the Reserve Bank of India (RBI) raising interest rates by 1.9 percentage points since April 2022, inflation has remained above its tolerance range for over 9 months now…
• Govt to publish frameworks to check fake reviews on e-commerce websites next week
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  Since e-commerce involves a virtual shopping experience without any opportunity to physically view or examine the product, consumers heavily rely on reviews posted on platforms to see the opinion and experiences of users who have already purchased the goods or services…
• Mother Dairy hikes full-cream milk price by Re 1 per litre; token milk by Rs 2 per litre in Delhi-NCR
  21 Nov 2022, retail.economictimes.indiatimes.com​​
  This is the fourth round of hike in milk prices this year by Mother Dairy, one of the leading milk suppliers in Delhi-NCR with volumes of more than 30 lakh litres per day…
• Shop, eat, play and chill: Best shopping malls in Bengaluru’s Whitefield that make it a happening hub
  20 Nov 2022, timesnownews.com​​
  Whitefield in the eastern part of Bengaluru has some of the best shopping malls in the entire city. From Nexus to Phoenix and more, these malls offer unique shopping, dining as well as gaming experiences…
• Breather for Bombay Dyeing
  20 Nov 2022, thehindubusinessline.com​​
  Bombay Dyeing and Manufacturing Company earned a reprieve after the Securities Appellate Tribunal, Mumbai, said it was okay if the company did not consolidate the results of SCAL Services, a company in which it holds 19 per cent…
• Zepto incurs Rs 390-cr loss in first year of ops
  20 Nov 2022, financialexpress.com​​
  Zepto operates dark stores or micro fulfilment centres in about 10 cities delivers groceries to customers. The company had earlier said it was adding about 0.1 million users every day…
• Licious expects Rs 1,500 cr revenue in 12 months, IPO not before 2025-26: Co-founder Vivek Gupta
  20 Nov 2022, retail.economictimes.indiatimes.com​​
  The company, which serves 28 Indian cities, including Bangalore, Hyderabad, Delhi-NCR, Chandigarh, Mumbai, Pune, Chennai and Kolkata, through its online channel, is also looking to have presence through offline retail stores besides expanding its product offerings…
• India to be world’s 2nd largest economy by 2050, to add a trillion dollar to GDP every 12-18 months: Gautam Adani
  19 Nov 2022, retail.economictimes.indiatimes.com​​
  Speaking at the 21st World Congress of Accountants in Mumbai, Adani said as both, domestic companies and multinationals take advantage of India’s market size, we will need stronger mandates wherein corporates are compelled to rise to the challenge of enabling a social structure that recognizes the core of our culture and is aligned with our national needs…
• Gap beats quarterly estimates on steady demand for formal clothing
  19 Nov 2022, retail.economictimes.indiatimes.com​​
  People are preferring more formal clothing, dresses, woven tops and pants, shelving casual wear like t-shirts and shorts as they return to travel, work and social occasions after two years of pandemic-induced restrictions…
• What is pulling world’s ultra-luxury brands to India?
  19 Nov 2022, livemint.com​​
  Luxury brands are chasing growth in India, as well-heeled shoppers and local partners with deep pockets throw up opportunities in the market…
• Retail inflation for farm, rural eased marginally to 7.22%, 7.34% in October
  19 Nov 2022, retail.economictimes.indiatimes.com​​
  Food inflation stood at 7.05 per cent and 7 per cent in October 2022 compared to 7.47 per cent & 7.52 per cent respectively in September 2022 and 0.39 per cent & 0.59 per cent respectively during the corresponding month of the previous year…
• Blue Dart sets up 25 retail outlets in Tier-I, II towns
  19 Nov 2022, retail.economictimes.indiatimes.com​​
  These stores have opened in Uttarakhand, Haryana, Uttar Pradesh, Rajasthan, Punjab, West Bengal, Odisha, Telangana, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Goa, and Gujarat, Blue Dart said in a statement…
• Zomato co-founder Mohit Gupta resigns, third high-profile exit in recent days
  19 Nov 2022, retail.economictimes.indiatimes.com​​
  Gupta said the journey to build a world class tech business out of India, for India (and then maybe the world) is still on…
• As shoppers return, retailers open more stores
  18 Nov 2022, livemint.com​​
  Large retailers, including Aditya Birla Fashion and Retail Ltd, and Devyani International, plan to continue to open stores at a brisk pace through the rest of the fiscal year after adding record stores in the September quarter as shoppers throng malls and stores, returning to normal patterns of behaviour…
• Blackstone-backed Nexus files for $500 million IPO in India’s 1st retail REIT public offer
  18 Nov 2022, retail.economictimes.indiatimes.com​​
  As per the sources, Nexus Select Trust has on Thursday filed the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) and is looking to hit the capital market with India’s first retail REIT (Real Estate Investment Trust) public issue in the first half of the 2023 calendar year…
• Analysts raise concern over Nykaa’s ‘unethical’ bonus plan
  18 Nov 2022, thehindubusinessline.com​​
  Nykaa’s 5:1 bonus issue that averted a steep stock price fall is now being criticised as an ‘unfriendly’ move for the company’s existing investors who purchased shares last year during the IPO. Experts are of the view that due to the bonus issue, those holding the shares for the past one year are staring at a higher tax outgo…
• Homegrown brands dominate the truly wireless earbud segment as shipments double in India
  18 Nov 2022, businessinsider.in​​
  The True Wireless Stereo (TWS) earbuds industry in India has received a huge boost as the shipments in Q3 2022 have doubled year-on-year. An early festive season, new launches, and discounts, among other factors, have boosted the numbers…
• Economy resilient, but sensitive to global headwinds: RBI article
  18 Nov 2022, retail.economictimes.indiatimes.com​​
  The article published in the latest RBI bulletin also said the outlook for the global economy remains clouded with downside risks. Global financial conditions have been tightening and deteriorating market liquidity is amplifying financial price movements…
• R CITY is hosting larger-than-life ‘Wedding Fest’ till 27th Nov
  18 Nov 2022, mid-day.com​​
  This three-week-long wedding festival is a one-stop destination for couples looking forward to celebrating their big day in style…
• Footwear sales hint at a shift in taste
  18 Nov 2022, financialexpress.com
  ​​Relaxo Footwear, which is primarily into affordable category slippers, sandals and sports & casual shoes posted its worst performance in the last 10 quarters, dragged down by high raw material cost, price cuts, and general demand weakness, for the quarter ended September 30…
• Godrej Yummiez aims to become Rs 200 crore brand, record growth upwards of 30% in FY23
  18 Nov 2022, retail.economictimes.indiatimes.com
  ​​Commenting on brand growth, Abhay Parnerkar, CEO, Godrej Tyson Foods said, “We are seeing high growth on the back of innovation and investment in capacity building that we did in 2018. By the end of the year, we aim to achieve upwards of 30% growth and a brand value of Rs 200 crore plus.”…
• E-comm firms sale grew 25% to Rs 76,000 crore during festive season YoY basis:Redseer
  18 Nov 2022, retail.economictimes.indiatimes.com
  ​​ “We predicted about Rs 83,000 crore but at the end it reached to Rs 76,000 crore GMV (gross merchandise value) which is 8-9 per cent lower than our initial prediction. However, the number of Rs 76,000 crore itself is reasonably high. The growth perspective we have seen is 25 per cent year-on-year growth which is pretty healthy,” Chaudhry said…
• Dunzo lines up $200 million funding
  18 Nov 2022, financialexpress.com
  ​​ Sources added that Dunzo’s largest shareholders, Reliance Retail and Google, are unlikely to participate in the latest capital infusion…
• Blackstone-backed Nexus Select Trust files for $500 million IPO
  18 Nov 2022, realty.economictimes.indiatimes.com
  ​​ Nexus Select Trust has a portfolio of 17 operational shopping malls across 14 major cities, covering about 10 million square feet area valued around USD 3 billion…
• Get your shopping list ready and hit these historical markets selling you the best clothes, jewellery and more.
  17 Nov 2022, thehindubusinessline.com
  ​​ ​Indian markets are a different world on their own. It’s always been the locus of celebrations, everyday lives, trade, and much more. Even though malls have sprouted in every big or small city and online shopping has boomed–the bazaars and haats continue to reign. Luckily, even with malls’ popularity, many markets with a historical lineage are still flourishing. Here’s a list of some of the oldest markets in India where you can satisfy the shopaholic in you…
• ‘Swiggy has enabled consistent, reliable income opportunity for delivery partners’
  17 Nov 2022, thehindubusinessline.com
  ​​ ​With the indefinite strike by Swiggy workers in Kochi has entered the fourth day on Thursday, the company has come out with a statement saying that it has enabled a consistent and reliable income opportunity for hundreds of delivery partners in the city…
• We must not be beguiled by our deceptively low inflation prints
  17 Nov 2022, livemint.com
  ​​ ​Estimates of inflation released last week may have given the Reserve Bank of India (RBI) some breathing space in its fight to contain inflation. Retail inflation based on the consumer price index (CPI) moderated to 6.77% in October, compared to 7.41% in September. Even inflation based on the wholesale price index (WPI) declined to 8.4% in October, snapping a double-digit inflationary spell that lasted 18 months. These estimates suggest that India’s fight against inflation may be on track. But a close look at the disaggregated data suggests that such euphoria may be misplaced…
• Upscalio partners with Unicommerce to streamline post purchase experience for its consumer brands portfolio
  17 Nov 2022, realty.economictimes.indiatimes.com
  ​​ ​Currently, it processes over 2,000 orders per day across its portfolio of 13 brands covering segments like homeware & kitchen appliances, automotive accessories, footwear, and ergonomic furniture…
• SoftBank sells 4.5% stake in Paytm for $200 million: Sources
  17 Nov 2022, realty.economictimes.indiatimes.com
  ​​ SoftBank’s sale of 29.35 million shares at that price amounts to a total consideration of $200 million, according to Reuters calculations. Paytm shares fell more than 9% on news of the trade, which comes a day after the lock-in period for investors in Paytm’s November 2021 initial public offering (IPO closed…
• Organised jewellery retailers to outperform the industry on store expansions and market share gains, expect 20% YoY revenue growth in FY2023: ICRA
  17 Nov 2022, realty.economictimes.indiatimes.com
  ​​ According to Kaushik Das, vice president and co-group head at ICRA, “While the jewellery sector has recorded healthy sales in the Dussehra and Diwali season, factors like high domestic inflation, cautious consumer sentiments towards discretionary spending and weak rural economic recovery due to erratic monsoons are likely to continue to constrain demand growth in the near term. Nevertheless, the demand outlook for the sector in the medium to long term remains favourable.”…
• Aditya Birla Group partners with Galeries Lafayette to open luxury department stores in Mumbai, Delhi
  17 Nov 2022, realty.economictimes.indiatimes.com
  ​​ Aditya Birla Fashion and Retail Limited (ABFRL) on Thursday announced that it has entered into a strategic partnership with Galeries Lafayette to open luxury department stores in Mumbai and Delhi. They will also be opening a dedicated e-commerce platform in India…
• Taurus Investment Holdings & Sage Capital plan to raise Rs 500 crore to invest in Indian realty
  17 Nov 2022, realty.economictimes.indiatimes.com
  ​​ The firms plan to focus on Tier 1 and high-growth Tier 2 cities in South and West India. The companies plan to develop a portfolio of projects worth over $1 billion over the next five years…
• Meet the two players bringing the mall back in fashion
  17 Nov 2022, livemint.com
  ​​ ​​A week before Diwali, Meghna Rao walked into Phoenix Palladium, a popular mall in Mumbai —it was her first visit after two pandemic-struck years…
• Festive sales: A mixed bag for consumer durables
  17 Nov 2022, livemint.com
  ​​ ​​The recently-concluded festive season has been somewhat chaotic for consumer durables and appliances manufacturers. No two companies agree on the performance of the sector…
• As shoppers return, retailers open more stores
  17 Nov 2022, livemint.com
  ​​ ​​Large retailers, including Aditya Birla Fashion and Retail Ltd, and Devyani International, plan to continue to open stores at a brisk pace through the rest of the fiscal year after adding record stores in the September quarter as shoppers throng malls and stores, returning to normal patterns of behaviour…
• Indian Appliances & Consumer Electronic industry to double to Rs 1.48 lakh crore by 2025
  17 Nov 2022, realty.economictimes.indiatimes.com
  ​​ ​​India has become one of the fastest growing ACE markets in the world and is also emerging as an alternative manufacturing destination of China and other South East Asian countries, the president of the Consumer Electronics and Appliances Manufacturers Association (CEAMA), Eric Braganza, said…
• Did not enter fashion business to justify our valuation: Nykaa CEO Falguni Nayar
  17 Nov 2022, realty.economictimes.indiatimes.com
  ​​ ​​Omnichannel beauty retailer is working to turn in profits for Nykaa Fashion and its B2B distribution platform Superstore…
• M3M India buys 13-acre land parcel in Noida for Rs 827.41 crore
  17 Nov 2022, realty.economictimes.indiatimes.com
  ​​ ​​The land has been bought at Rs 827.41 crore through auction, he said, adding that the total acquisition would reach Rs 1,200 crore including lease rent and registration charges…
• Dharavi redevelopment authority receives bids from Adani Properties, DLF & Shree Naman Group
  17 Nov 2022, realty.economictimes.indiatimes.com
  ​​ ​​In 2018, Adani Infrastructure had bid for the project but lost out to Dubai-based SecLink Group. The tender was finally cancelled as the railway land (45 acres) was not part of the bid document…
• Miniklub Expands Offline Presence, Opens New Store in Patna
  16 Nov 2022, indianretailer.com
  ​​ Miniklub – a babywear brand that offers a thoughtfully crafted range of apparel and baby care products, open a new store in Patna. Located in Christian Colony, Lodipur, the newly launched stores offer a wide range of safe and comfy apparel and non-apparel range for newborns to 8-year-olds…
• Is investment in retail real estate a good option? Read this to know more
  16 Nov 2022, economictimes.indiatimes.com
  ​​ The retail real estate market has progressed through several stages to become one of the most dynamic and rapidly rising industries. The primary cause for the improvements is a drastic shift in consumer behaviour and increased real estate investment…
• Rebel Foods onboards 15 restaurant brands through rebel launcher
  16 Nov 2022, retail.economictimes.indiatimes.com
  ​​ This is in line with earmarking an investment of USD 150 million to acquire and scale new food brands and onboarding brands including SMOOR Chocolates, Biryani Blues, Mad Over Donuts, and Naturals Ice Cream in the past year…
• Bombay HC orders fresh testing of Johnson & Johnson baby powder; allows company to manufacture but not sell it
  16 Nov 2022, retail.economictimes.indiatimes.com
  ​​ “The petitioner is restrained from selling or distributing the baby powder product by the government. The company shall abide by this order. If the company chooses to manufacture the product then it would be at their own risk,” the bench said…
• Global luxury sales set to hit record this year, study says
  16 Nov 2022, retail.economictimes.indiatimes.com
  ​​ “Consumption is back at pre-crisis levels, but it is also a rebirth, since there is a new consumer base that is younger, and some pockets of consumers that have been unlocked during COVID are here to stay and growing, like subcultures and ethnic groups in the US,” said Bain partner Claudia D’Arpizio, a study co-author…
• After ACs, CEAMA pitches for PLI scheme for refrigerators, LED TVs
  16 Nov 2022, thehindubusinessline.com
  ​​ The industry body said that the PLI scheme for air-conditioners has supported growth in manufacturing in the sector…
• In UP and Karnataka, Bikaji seen as a challenger brand for next 3-4 years: MD
  16 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​“The organised market will grow at close to 15% CAGR in the next four, five years. It is a big growth there and we being one of the leaders in this segment, have grown at 20-21% CAGR in the last three, four years. We have done major expansion in the last two years. We are hopeful that we will do reasonably good business going forward also.”…
• Namkeen, confectionery saw strong festive sales despite slower recovery in rural markets
  16 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​While key industry players claimed strong sales, data has shown some slowdown in demand. As per the data shared by retail intelligence platform, Bizom, packaged foods sales value growth declined 8.3 per cent in October this year when compared to October 2021. For the same period, value growth for confectionary fell by 16.7 per cent…
• Tatas to open ‘beauty tech’ stores for cosmetic products, in talks with foreign brands
  16 Nov 2022, livemint.com
  ​​ ​​India’s Tata Group is planning to open at least 20 “beauty tech” stores where it will use virtual makeup kiosks and digital skin tests to get young, affluent shoppers to buy premium cosmetic products, according to a company document and a person familiar with its strategy…
• Blackstone launches data centre platform in Asia, starting from India
  16 Nov 2022, livemint.com
  ​​ ​​Global asset manager Blackstone Group has forayed into the data center business in Asia with a planned capacity of 600 MW across two large hyperscale data centers in India…
• Mars Petcare bullish on India; focusing on expanding portfolio across price points, categories
  16 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​Sharing how the Indian market is performing for the global giant, Salil Murthy, MD, petcare at MARS International India said “We’re one of the fastest growing pet food markets anywhere in the world,” adding that the company is seeing strong growth driven by tailwinds over the last couple of years, rise in pet adoption in the country, and increased awareness around the needs and benefits of right pet nutrition…
• Jewellers, caterers and banquet halls on high demand this wedding season: Report
  16 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​For wedding jewellers, Mumbai topped the demand across the country followed by Delhi and Hyderabad. Searches in tier-I cities rose by 29 per cent, while tier-II cities witnessed a jump of 44 per cent. Among tier-II cities, Jaipur led the demanding race followed by Surat, Rajkot, Chandigarh, and Coimbatore…
• Kerala jewellers likely to offer uniform gold rates
  16 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​Gold rate varies from state to state depending on the rate fixed by the gold associations in the respective states. However, jewellers often charge different gold rates within the same states. “We are offering a uniform gold rate across all our showrooms in the country,” said Joy Alukkas, chairman, Joyalukkas Group…
• Amazon launches logistics solution for Indian exporters, slashes subscription fee for new sellers ahead of global holiday season
  16 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​While speaking to ETRetail, Bhupen Wakankar, director, global trade, Amazon India shared that the company has launched a logistics solution named Send, to simplify international shipping for Indian exporters. Amazon has also slashed the subscription fee for new exporters joining its global selling program for the first three months to get more sellers on the platform ahead of the festive season, especially small businesses, he shared…
• Tata to open 20 ‘beauty tech’ outlets, in talks with foreign brands
  16 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​The move pits Tata, whose interests range from cars to jewellery, against LVMH’s Sephora and domestic rival Nykaa for a share of the fast-growing $16 billion beauty and personal care market in the world’s second-most populous country…
• India’s Oct retail inflation eases, spurs smaller rate hike views
  15 Nov 2022, afkgaming.com
  ​​ ​​India’s annual retail inflation eased to a three-month low of 6.77% in October, helped by a slower rise in food prices and a higher base effect, strengthening bets of smaller rate hikes by the country’s central bank at its meeting next month…
• Loco’s Founder Talks About the Future of Gaming in India
  15 Nov 2022, afkgaming.com
  ​​ ​​Loco’s founder Anirudh Pandita revealed his vision for the future of gaming in India in an interview with fintech personality Sar Haribhakti. Loco as a homegrown streaming platform has grown rapidly since its launch and it has become the go-to platform to stream content for esports and gaming content creators. Pandita has spent eight years working in the gaming and entertainment industry and he shared excerpts of his experiences in the industry…
• Pacific to Build 1.5 M sq. ft. Mall in Jaipur India
  15 Nov 2022, rli.uk.com
  ​​ ​​Pacific Development Corp is planning to build a 1.5 million sq. ft. mall in Jaipur…
• Flipkart key driver of 13% spike in Walmart’s international revenue
  15 Nov 2022, business-standard.com
  ​​ ​​Walmart management says early timing of Big Billion Sale, from Q4 last year to Q3 this year, benefited the company…
• Khadim India Q2 net profit declines; revenue from operations up 15% at Rs 186.03 crore
  15 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​However, its revenue from operations rose 15 per cent year-on-year(YoY) to Rs 186.03 crore in the July-September quarter this year as against Rs 161.65 crore in the corresponding quarter of previous fiscal…
• Unilever leads pack on price rises as consumer goods industry squeezed
  15 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​Nestle and P&G both raised prices by less than 9.5% in the same period, having roughly matched one another since mid-2021. Unilever’s greater exposure to emerging markets and food, where cost and margin pressures have been most intense, partly explains the difference, analysts say…
• Landmark Group India appoints Reliance Retail’s Vikram Idnani as president – CIO
  15 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​Prior to joining Landmark Group, Idnani was leading technology initiatives for all retail businesses at Reliance Retail as the senior VP – head, of information technology…
• Lux Cozi Boyz Introduces New Products, Expands its Range
  15 Nov 2022, indianretailer.com
  ​​ ​​Lux Industries Limited announced the expansion of its kids’ innerwear range, Lux Cozi Boyz with new products and styles. The Indian market for kids’ innerwear range is worth Rs 2,000 crore and is expected to expand at a CAGR of 9-10 percent…
• Ultrafresh Introduces its First ‘One-Stop-Shop’ Studio in Chennai
  15 Nov 2022, indianretailer.com
  ​​ ​​Ultrafresh Modular Solutions Limited launched its first studio in Chennai located at Keelkattalai. Spread across around 665 square feet, it is the company’s first franchise retail outlet in Chennai offering a unique range of modular kitchens, wardrobes, and display units to cater to the customer’s evolving needs and preferences…
• Marico’s Saffola Fittify Now Available on OneGreen
  15 Nov 2022, indianretailer.com
  ​​ ​​Marico’s flagship brand Saffola Fittify has entered into an exclusive collaboration with OneGreen. The collaboration would enable Saffola Fittify to enter the rapidly growing conscious consumer market. It will also help the latter build a mainstream ecosystem facilitating conscious living…
• Spectrum Metro Adds Spar Hypermarket, Bata, Aurelia to Mall
  15 Nov 2022, indianretailer.com
  ​​ ​​Noida’s Spectrum Metro announced its collaboration with grocery shopping major, Spar Hypermarket owned by Landmark group, India’s leading business house…
• Grasim Industries Q2 Results: Profit falls 1.5% YoY to Rs 964 crore but beats estimates
  15 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ​​Revenue from operations rose nearly 37% YoY to Rs 6,745.24 crore. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter increased 19.4% YoY to Rs 956.61 crore, but margins contracted 206 basis points to 14.18%…
• Cooling food prices bring inflation relief
  15 Nov 2022, livemint.com
  ​​ Retail inflation slowed to a three-month low in October, easing below the 7% mark, led by softening food and commodity prices, official data showed. Wholesale inflation also eased to a 19-month low in October, touching single digits for the first time since March last year…
• Long-term growth outlook intact: Delhivery CEO Sahil Barua
  15 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Delhivery CEO Sahil Barua, in an investor call, said that there was no structural shift in the long-term growth of ecommerce in India…
• How 5G can become a game changer for e-commerce
  15 Nov 2022, retail.economictimes.indiatimes.com
  ​​ The advent of 5G, with lower latency and exponential speeds, will revolutionise online shopping and help e-commerce realise its full potential…
• Alibaba keeps Singles Day sales tally under wraps for first time
  15 Nov 2022, retail.economictimes.indiatimes.com
  ​​ In a statement Saturday, Alibaba said results for this year’s event were “in line with last year’s… despite macro challenges and Covid-related impact,” without offering details…
• E-commerce player CoutLoot joins Government’s ONDC platform
  15 Nov 2022, retail.economictimes.indiatimes.com
  ​​ ONDC is a freely accessible and inclusive platform that aims to democratize e-commerce. It is not owned or controlled by any single entity. It is also expected to benefit small merchants with more advanced technologies and better business mechanisms…
• Exclusive: Swami Ramdev says Patanjali Foods to open 20 lakh retail shops
  
  14 Nov 2022, zeebiz.com
  ​​Swami Ramdev Exclusive: Patanjali Foods to open 20 lakh retail shops: The Haridwar-headquartered company was founded by Ramdev and Balkrishna in 2006. Its office is in Delhi, with manufacturing units and headquarters in the industrial area of Haridwar…
• Amritsar fast emerging as luxury retail destination of north India
  14 Nov 2022, constructionweekonline.com
  ​​Non-metro cities are driving the next wave of growth in North India. Amritsar, for example, is emerging as the growth frontier in north India’s luxury retail sector. The holy city, also one of Punjab’s most prominent trading and tourist hubs, has seen rapid growth in recent years due to improved retail infrastructure and changing lifestyle of consumers driven by the growing demand for branded products. Consequently, retail investments are driving this non-metro city to reach the retail potential of India’s major metropolitan cities…
• Wondering what to wear this wedding season? Take a look at the new collection showcased by DLF Mall of India
  14 Nov 2022, financialexpress.com
  ​​Weddings in India aren’t just an occasion; they are a riot of emotions…
• Marks & Spencer M&S opens 95th India store in Kolkata’s Forum Mall
  14 Nov 2022, in.fashionnetwork.com
  ​​Marks & Spencer has opened its 95th store in India in Kolkata in the city’s Forum Courtyard Mall. The department store’s new large-scale outlet retails its selection of clothing and lifestyle goods…
• Parsvnath Developers’ net loss widens to Rs 99.40 crore in Q2 FY23
  14 Nov 2022, realty.economictimes.indiatimes.com
  ​​The company’s net consolidated income stood at Rs 44.76 crore in Q2 FY23, a dip of 3.60 per cent from Rs 46.43 crore it recorded in the similar quarter last year…
• Brigade Enterprises posts Rs 51.75 crore profit in Q2 FY23
  14 Nov 2022, realty.economictimes.indiatimes.com
  ​​The company’s net consolidated income stood at Rs 912.19 crore in Q2 FY23, a growth of 17.54 per cent from Rs 776.08 crore it recorded in the similar quarter last year…
• Omaxe’s net loss widens to Rs 87.38 crore in Q2 FY23
  14 Nov 2022, realty.economictimes.indiatimes.com
  ​​The company’s net consolidated income stood at Rs 122.28 crore in Q2 FY23, a dip of 36.09 per cent from Rs 191.34 crore it recorded in the similar quarter last year…
• Mindspace REIT’s net profit dips by 32.72% in Q2 FY23
  14 Nov 2022, realty.economictimes.indiatimes.com
  ​​The company’s net consolidated income stood at Rs 686.20 crore in Q2 FY23, a growth of of 60.18 per cent from Rs 428.40 crore it recorded in the similar quarter last year…
• Spirit of progress. Diageo India initiates phased removal of mono cartons
  14 Nov 2022, thehindubusinessline.com
  ​​This is in line with the company’s ‘Society 2030: Spirit of Progress,’ a 10-year ESG action plan to help create a more inclusive and sustainable world…
• D2C footwear startup Yoho onboards Paytm’s Sanjeev Misra as an executive director
  14 Nov 2022, retail.economictimes.indiatimes.com
  ​​Speaking on the Indian footwear industry, Misra said it has the potential to grow 10 folds in the coming years. According to some recent reports, the revenue in the footwear market in India amounts to $23.73 billion in 2022 and is expected to grow annually by 6.77 per cent CAGR 2022-2027…
• Retail sales in October increased 19% over pre-pandemic levels: RAI
  14 Nov 2022, retail.economictimes.indiatimes.com
  ​​ “The removal of pandemic-related restrictions has resulted in all-round growth of retail businesses across regions and categories,” commented Kumar Rajagopalan, CEO, RAI adding that in order to understand the complete impact of the festival season on retail sales, the figures of October and November combined need to be assessed…
• WPI breaks 18-mth double-digit streak in October, eases to 8.39%
  14 Nov 2022, retail.economictimes.indiatimes.com
  ​​ India’s wholesale price index-based inflation in the month of October eased to 8.39% on an annual basis, from 10.70% recorded in September, provisional data from the Commerce Ministry showed on Monday. With this, the wholesale inflation in India has broken the streak of being in double digits for 18 consecutive months…
• Retail inflation eases sharply to 6.77 per cent in October
  14 Nov 2022, retail.economictimes.indiatimes.com
  ​​ The decline in headline inflation can be attributed to favourable base effect. However, the supply-chain disruptions due to ongoing geopolitical factors and hardening of commodity prices globally continue to thrust ahead the inflationary pressure. The Reserve Bank of India (RBI) governor Shaktikanta Das had expected the inflation to be lower than 7 per cent in October…
• Zomato’s head of new initiatives Rahul Ganjoo quits
  14 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Ganjoo joined Zomato in 2017 as head of product development, and was made co-CEO of the company’s food-delivery business in October 2020. He became the head of new initiatives in August this year…
• Forest Essentials flagship store in London offers a sensorial retail experience
  14 Nov 2022, architecturaldigest.com
  ​​ The ‘Made in India’ luxury Ayurveda brand, Forest Essentials, is designed to evoke all five senses in a serene setting in London…
• RIL’s logistics foray rides on growing retail print, govt supply-chain push
  14 Nov 2022, business-standard.com
  ​​ MMLP near Chennai to be key distribution hub for company in south; firm may bid for more MMLPs across country, say sources…
• Select Citywalk to be in Nexus REIT
  14 Nov 2022, economictimes.indiatimes.com
  ​​ Nexus Malls, the Indian retail portfolio arm of investment company Blackstone Group, and the promoters of Delhi’s upscale mall, Select City Walk, have finalised the terms for the mall’s inclusion in an upcoming retail REIT planned by the Blackstone Group, according to two people with knowledge of the development…
• Small tea growers will have the biggest role to play in shaping the future of tea sector: Piyush Goyal
  14 Nov 2022, financialexpress.com
  ​​ Union Minister of Commerce and Industry Piyush Goyal said that small tea growers will have the biggest role to play in shaping the future of tea sector in India…
• Expansion in margins: Biscuits help Britannia beat inflation blues in Q2
  14 Nov 2022, financialexpress.com
  ​​ “Britannia has gained further market share in Q2, while Parle appears to be losing share,” said analysts at Jefferies…
• Flipkart’s Shopsy claims it doubled its business in Sept over July’22
  14 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Decoding the numbers, Menon said that Shopsy is seeing half of its demand coming for the fashion category driven by women shoppers, 30-40 per cent from general merchandise, and the remaining from electronic products. Launched last year, the company crossed the mark of 100 million users in July 2022, a target it had earlier estimated to achieve by early 2023…
• Rethinking retail in the post covid era
  12 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Customers these days are extremely aware of the market and as a result know what they want which consequently leads them to create a demand for the products that they want to see being offered. As a consequence, the future of marketing is going to revolve heavily around personalization…
• Modenik expanding Dixcy’s premium casual wear portfolio; sees high double-digit growth in women’s innerwear with Enamor
  12 Nov 2022, retail.economictimes.indiatimes.com
  ​​ In an interaction with ETRetail, Shekhar Tewari, chief category and operations officer, Modenik Lifestyle said, “Dixcy is three times the size of Enamor. Our endeavor now is to maintain leadership in existing markets and grow in markets of new opportunities.”…
• Flipkart reduces focus on instant delivery service Flipkart Quick
  12 Nov 2022, thehindubusinessline.com
  ​​ Launched in 2020, Flipkart Quick started as 90-minute grocery delivery service and over time the delivery time was reduced to 30-45 minutes…
• Patanjali Foods Q2 profit drops 31.6% YoY to Rs 112.28 cr, revenue jumps 42%
  12 Nov 2022, retail.economictimes.indiatimes.com
  ​​ The company, which was earlier known as Ruchi Soya, blamed the pressure on margins, which dipped to 2.3% from 5.5% in the year-ago period, to a sharp drop of $400-500 per ton in global prices of various edible oils in these 3 months…
• Shobhaa De | Two conundrums that make very little sense…
  12 Nov 2022, deccanchronicle.com
  ​​ Mr Narendra Modi’s pitch in Himachal Pradesh emphasised the “kamal ka phool” when he told voters: “Every vote for the kamal ka phool will come directly to Modi’s account as a blessing…”…
• South City mall has a new chill spot — Scrapyard Brewing Co.
  12 Nov 2022, telegraphindia.com
  ​​ Spread across a sprawling 4,000sq ft, Scrapyard is broadly divided into indoor and outdoor seating…
• Food import costs rise to record in 2022, threatening world’s poorest – FAO
  12 Nov 2022, retail.economictimes.indiatimes.com
  ​​ World food prices soared to record levels in March after Russia invaded Ukraine, a key grains and oilseeds producer, and while they have since retreated somewhat, they remain above last year’s lofty levels…
• Delhivery Q2 revenue jumps 19% to Rs 1,796 crore, losses narrow 60%
  12 Nov 2022, retail.economictimes.indiatimes.com
  ​​ The losses for the period narrowed 60% to Rs 254 crore from Rs 635 crore for the same quarter last year. The company’s expenses fell marginally from Rs 2,161 crore to Rs 2,157 crore, aided by a reduction in employee benefit costs and other expenses…
• Alibaba stays mum on Singles Day sales tally, says in line with 2021
  12 Nov 2022, retail.economictimes.indiatimes.com
  ​​ The e-commerce platform’s growth merchandising value (GMV) was widely predicted to post flat to low single-digit growth, underscoring weak Chinese consumer sentiment hit by stringent COVID-19 curbs and a sharply slowing economy…
• Estee Lauder nears $2.8 billion deal to buy Tom Ford – FT
  12 Nov 2022, retail.economictimes.indiatimes.com
  ​​ The luxury brand, founded by fashion designer Tom Ford, entered into exclusive negotiations with Estee Lauder this week and a deal could be announced as early as Monday, the FT reported…
• Columbia Sportswear launches new store in Mumbai
  11 Nov 2022, inc42.com
  ​​ With the opening of a new store in Mumbai, Columbia Sportswear has increased its retail footprint in the Indian market. The brand is known for its superior technology for outdoor adventure gear…
• Amazon Etailer Appario Retail Makes INR 15,000 Cr In Revenue, Profit Surges 53%
  11 Nov 2022, inc42.com
  ​​ Appario Retail, the Amazon etailer that is set to shut down in a year, posted an operating revenue of INR 15,915.62 Cr in FY22, along with a profit of INR 82.5 Cr for the fiscal…
• Shankara Ventures Into Retail In India Flagship Store at Delhi’s Select Citywalk Mall
  11 Nov 2022, firstindia.co.in
  ​​ Shankara is a global luxury skincare brand infusing the Ayurvedic wisdom of the East with the knowledge of actives and modern processes of the West with a presence in over 30 countries including the USA & Europe…
• Starting with Rs 80,000 Indian spice brand founder in Bonn achieves Rs 55 lakh turnover in first year
  11 Nov 2022, indianretailer.com
  ​​ Chandigarh-born Amar Singh, working in a logistics company in Bonn, Germany, always had this craving for tasty, authentic Indian food, which was not easily available in the country…
• A|X Armani Exchange Unveils Winter Collection YOU.ME.US
  11 Nov 2022, indianretailer.com
  ​​ Luxe brand Armani Exchange has seamlessly positioned itself as the most accessible Armani brand and is the full embodiment of urban spirit and street style chic…
• Cult.fit posts ₹681-crore loss in FY22; revenue grows 34%
  11 Nov 2022, thehindubusinessline.com
  ​​ Cult.fit, a health and wellness startup, reported 34 per cent y-o-y rise in revenue at ₹216 crore in FY22. However, the losses reported were marginally higher at ₹681 crore from ₹671 crore in the previous year, according to its annual financial statement filed with the Registrar of Companies…
• Dollar Industries Q2 net profit down 56%
  11 Nov 2022, thehindubusinessline.com
  ​​ Dollar Industries registered 56 per cent drop in standalone net profit at ₹18 crore for the quarter ended September 30, 2022, against ₹41 crore in the same period last year…
• Traders predict sales of Rs 2,500 crore during wedding season
  11 Nov 2022, retail.economictimes.indiatimes.com
  ​​ As per the traders’ buzz, the 40 days of weddings which began from November 4 to December 14 (from Dev Uthan Ekadashi) and then again from January 14 (Makar Sankranti), is estimated to witness around 15,000 weddings in the district…
• Sellers, traders and manufacturers of packaged indian foods oppose nutrition rating proposed by FSSAI
  11 Nov 2022, retail.economictimes.indiatimes.com
  ​​ The representative body has claimed that FOPNL will lead to ethnic Indian foods being classified as unhealthy, and thus cause severe loss of business to MSME packaged food manufacturers and sellers, an industry which is eying to become a 10 trillion dollar consumption economy by 2030, and open the floodgates for western packaged food manufacturers to capture the Indian markets…
• EmPage Industries profit marginally up to Rs 162 crore; revenue at Rs 1,255 crore in July-September
  11 Nov 2022, retail.economictimes.indiatimes.com
  ​​ PIL’s revenue from operations in the July-September quarter of FY22 stood at Rs 1,084.01 crore…
• Emami Q2 PAT declines 2.7% to Rs 180.13 crore; hopes to deliver double digit growth with higher EBITDA this fiscal
  11 Nov 2022, retail.economictimes.indiatimes.com
  ​​ The company witnessed a correction in the COVID contextual portfolio of pain management and healthcare products which grew significantly during the last two years. Its gross margins contracted by 230 bps in Q2 FY23 due to inflationary pressures combined with unfavourable portfolio mix due to extraordinary high sales of pain management products last year…
• Premium beauty brand Revlon India plans to foray into mass segment; eyes 40% YOY growth
  11 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Sharing growth numbers, Modi said that the company is back to pre-COVID levels and is eyeing a 40 per cent year-on-year growth next year onwards on the back of its foray into mass markets…
• Retail inflation may drop to 6.7% for October on favourable base, RBI sees no respite
  11 Nov 2022, moneycontrol.com
  ​​ Data on October retail inflation, which is set to stay above the central bank’s target of 4 percent for the 37th month in a row, will be released on November 14…
• FMCG Industry Continues To See Slowdown; Sales Volume Falls In Rural Markets In September Quarter: Report
  11 Nov 2022, outlookindia.com
  ​​ Also, consumers continued to prefer purchasing smaller packets amid companies hiking prices in response to broader inflationary pressures, according to the report released by data analytics firm NielsenIQ on Thursday…
• Tea Board seeks Rs 1000 cr industry support for next five years
  11 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Chairman of Tea Board Saurav Pahari said that in the budget submitted to the commerce ministry, the focus has been on handholding the small tea growers (STGs) which contribute to 52 per cent of the total production in the country…
• FMCG industry continues to see slowdown; sales volume falls in rural markets in Sept quarter: Report
  11 Nov 2022, retail.economictimes.indiatimes.com
  ​​ The FMCG industry witnessed an overall volume decline of 0.9 per cent in the September quarter in comparison to the preceding three months…
• Zomato moving towards profitability but can grow much faster: CEO Deepinder Goyal
  11 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Zomato’s founder and CEO Deepinder Goyal said that even as the company’s food delivery business was growing and moving towards profitability, there was room for it to grow much faster…
• India’s Bengaluru Airport Ties Up 15-Year Retail Joint Venture With Dufry
  10 Nov 2022, forbes.com
  ​​ Global travel retailer Dufry will operate the duty-free shops at South India’s busiest airport under a newly agreed joint venture that is scheduled to start on April 1, next year. The deal was struck after the operator of Bengaluru Airport—the gateway to India’s technology hub—issued an open tender in November 2021 which Dufry won…
• LuLu Group to Open Biggest Mall in India
  10 Nov 2022, rli.uk.com
  ​​ The mall, which will be located in Ahmedabad will house over 300 national and international brands…
• DLF Mall of India holds wedding showcase, launches winter campaign
  10 Nov 2022, fashionnetwork.com
  ​​ DLF Mall of India held a wedding themed fashion show in Noida named ‘Wedding Tales’. The interactive event featured a mix of runway shows and activities to engage shoppers for the winter wedding season…
• Raising capital from traditional lenders is a big issue for cloud kitchens and QSR chains – GetVantage
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​ “The concept of QSR and cloud kitchens is quite novel, and as a result, SMEs often do not qualify for traditional bank financing. Banks impose strict credit and business history requirements, which often leave tens of thousands of entrepreneurs and small business owners without financing options,” Bhavik Vasa, founder of GetVantage, said…
• QSR startup Leon’s expects 40-48% revenue growth this fiscal; plans to reach 300 outlets by 2027
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Founded in 2015 by Chef Suresh Muppala, Madhusudhan Chandrasekar and Sudhakar V, it currently has 24 outlets in Bengaluru and Mysore. With plans to open 2 outlets this week in Hyderabad and a total of 5 outlets in the month, the burger chain expects 80 per cent sales growth in the current quarter. It also has plans to open outlets in Pune and Chennai in the upcoming months…
• Kalyan Jewellers India Q2 PAT up 54.02 pc at Rs 105.92 cr
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Revenue from operations of the company grew by 20.22 per cent during the quarter under review to Rs 3,472.91 crore, compared to Rs 2,888.69 crore in the same period a year-ago…
• Bata India Q2 profit rises 47% to Rs 55 crore; net sales up 35% at Rs 830 crore
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Its revenue from operations during the quarter under review was at Rs 829.75 crore, up over 35.11 per cent from Rs 614.12 crore of the corresponding quarter of FY22…
• Global supply chains set for overhaul next year, HSBC poll shows
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Just 11% of respondents in the HSBC Holdings Plc survey said transforming their supply chain wasn’t a priority next year, but 42% plan to do so and almost 47% see it as a priority at some stage in the future…
• Q2 roundup: Indian cos get festive boost; almost 62% post profit rise
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Apparel retailers, restaurants, banks, construction companies all saw a rise in sales and orders, as the country geared up for the first pandemic-free festive season in two years…
• Emami Agrotech appoints Debabrata Mukherjee as its chief marketing and strategy officer
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​ The appointment is a part of the company’s growth strategy where Emami Agrotech has been focusing on expanding its food and oil segment. The brand recently forayed into spices and soya nugget markets and rebranded its edible oil brand, Emami Healthy & Tasty to establish itself as a modern brand…
• Mohit Burman on running Dabur, game plan for Eveready; what to do with Religare & more
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​ “My tenure won’t change the way business is run at Dabur; focus will be on newer categories. The business has not really grown in the last 10 years but we are going to be at least doing double digit growth from next year onwards. Dabur will continue innovating, launching new products and focussing on growing our distribution but not owning it.”…
• Lenskart FY22 revenue jumps 66% to Rs 1,502 crore, but slips into losses
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​ Lenskart’s consolidated operating revenue grew 66% to Rs 1,502 crore in the previous fiscal year (FY22). The SoftBank-backed company, however, reported losses of Rs 102 crore after clocking a profit of Rs 28 crore in the previous financial year.​​..
• Trent net profit drops marginally to Rs 78.94 crore in Q2 FY23
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​Noel N Tata, chairman of the company said, “Our fashion concepts have once again displayed encouraging growth momentum in Q2FY23. We have been a company that makes strategic bets/ business model choices that in many cases involve standing away from the predominant & proximate market practices of the time. Completely own branded offerings, entirely direct-to-consumer reach, not discounting in season and not advertising are all cases in point.”.​​..
• Zomato Q2 net loss narrows to Rs 251 crore; revenue jumps 62% YoY
  10 Nov 2022, retail.economictimes.indiatimes.com
  ​​This is the first quarter where Zomato crossed the billion-dollar annualized revenue mark, the online food delivery aggregator said.​​..
• Flipkart burns over $3.7 billion cash in about a year till Sep 2022
  10 Nov 2022, retail.economictimes.indiatimes.com
  The company, in July 2021, raised USD 3.6 billion (about Rs 29,000 crore), which has been completely exhausted, according to regulatory filings of Flipkart and Walmart…
• High inventory, low demand hit electrical, durables firms
  10 Nov 2022, livemint.com
  Electrical consumer products and consumer durables companies, which had seen strong investor confidence ahead of the festivals, have posted weak numbers for the second quarter, denting expectations…
• Marks & Spencer India to speed up expansion amid global headwinds
  10 Nov 2022, realty.economictimes.indiatimes.com
  Marks & Spencer in India is a 51:49 JV between UK’s M&S and Reliance since 2008. The company denied reports of foraying into the food business in India, terming them as speculative and said, it will focus on the home category, launched recently…
• Bajaj Consumer Care Q2 net profit dips 32% to Rs 32 crore
  10 Nov 2022, realty.economictimes.indiatimes.com
  FMCG firm Bajaj Consumer Care Ltd on Wednesday reported a decline of 31.93 per cent in its consolidated net profit at Rs 31.65 crore for the second quarter ended September. The company had reported a net profit of Rs 46…
• AB InBev expects India to be among top 3 markets for Budweiser; enters into whiskey segment
  10 Nov 2022, realty.economictimes.indiatimes.com
  The company said beer will continue to remain a core offering for AB InBev India, but it will continue to introduce India-specific innovations across beverage categories in the alcoholic and non-alcoholic segments…
• Prestige Estates’ net profit up 54.63% in Q2 FY23
  10 Nov 2022, realty.economictimes.indiatimes.com
  The company’s net consolidated income from operations stood at Rs 1,474.70 crore in Q2 FY23, a growth of 9.63 per cent from Rs 1,345.20 crore it recorded in the similar quarter last year…
• Petcare startup Supertails raises $10 million in Series A funding round
  9 Nov 2022, retail.economictimes.indiatimes.com
  Other investors also participated in the round including Kunal Shah, founder at Cred; Sanjay Kapoor founder and president at Genesis Luxury Fashion; Varun Alagh, cofounder and CEO of MamaEarth; Ankit Nagori, founder of Curefoods; and Shashank Mehta, founder and CEO of The Whole Truth Foods…
• Virat Kohli backed Rage Coffee enters healthy snacking segment
  9 Nov 2022, retail.economictimes.indiatimes.com
  Rage Coffee aims to expand its healthy snacking portfolio and introduce a diverse range of snacks going forward, it said…
• Quarterly results. VST Q2 net profit up by 15% at ₹92 crore
  9 Nov 2022, thehindubusinessline.com
  VST’s gross sales in the quarter ended September registered a growth of 22 per cent from the corresponding quarter last year…
• McDonald’s India franchisee Westlife beats Q2 profit view on strong demand
  9 Nov 2022, realty.economictimes.indiatimes.com
  The company reported a consolidated net profit after tax of 315.5 million Indian rupees ($3.9 million) for the September quarter, compared with a loss of 44.2 million rupees a year ago, when there were still some COVID-19 restrictions…
• Barbeque-Nation Q2 net profit jumps 143% to Rs 709 lakh
  9 Nov 2022, realty.economictimes.indiatimes.com
  The growth was supported by improvement in the dine-in business, coupled with the robust performance of both Toscano and BARQ’s international businesses, Chief Executive Officer Rahul Agrawal said in a statement…
• Tier-II cities emerging as real estate growth engines: Magicbricks Report
  9 Nov 2022, realty.economictimes.indiatimes.com
  Magicbricks.com is owned by Magicbricks Realty Services, which is a subsidiary of Times Internet…
• FMCG companies, retailers to spend big on ads despite subdued demand
  9 Nov 2022, retail4growth.com
  Yamaha’s concept of a Blue Square Showroom is positioned as a space to offer a one-stop solution to all the biking needs of a customer. Designed to help customers realize and connect with Yamaha’s Racing DNA, the Blue Square showrooms are operational in over 20 states across the country…
• FMCG companies, retailers to spend big on ads despite subdued demand
  9 Nov 2022, economictimes.indiatimes.com
  Some of the country’s largest consumer goods makers and retailers will spend more on advertising despite poor demand for certain categories such as daily essentials and in rural markets…
• Women Entrepreneurship Day: How These New-Age Women Entrepreneurs are Changing the D2C Retail Landscape
  9 Nov 2022, indianretailer.com
  With India, in its 75th year of Independence, it can be noticed how the country has evolved over time. Gone are the days when a job came with gender division, today women have proven themselves to be equally efficient for every job profile that exists, especially running their own businesses…
• Phoenix Mills’ posts net profit of Rs 221.89 crore in Q2 FY23
  9 Nov 2022, retail.economictimes.indiatimes.com
  The company’s net consolidated income stood at Rs 683.49 crore in Q2 FY23, a growth of 80.03 per cent from Rs 379.66 crore it recorded in the similar quarter last year…
• Bajaj Electrical Q2 profit at Rs 62 cr, sales slip 6.4% to Rs 1,201 cr
  9 Nov 2022, retail.economictimes.indiatimes.com
  Its net sales slipped 6.41 per cent to Rs 1,201.14 crore during the quarter under review against Rs 1,283.44 crore a year ago…
• Domestic e-commerce sellers expand overseas with air freight shipping
  9 Nov 2022, retail.economictimes.indiatimes.com
  ITransforming the way business is done, India’s e-commerce sector has led the way toward multiple commerce segments including B2B, D2C, C2C, and C2B. Out of these, D2C and B2B have topped among the major segments, witnessing robust growth in the last few years…
• Welspun India’s Q2 net profit down 96 pc at Rs 8.33 cr
  9 Nov 2022, retail.economictimes.indiatimes.com
  Its revenue from operations slipped 15.04 per cent to Rs 2,113.46 crore during the quarter under review. It was Rs 2,487.63 crore in the year-ago period…
• Kohl’s CEO steps down to take president role at Levi Strauss
  9 Nov 2022, retail.economictimes.indiatimes.com
  Levi’s said Tuesday in a release that Gass will start on Jan. 2, and the board of directors has put in motion a succession plan for her to succeed Chip Bergh as president and CEO in the next 18 months…
• Bajaj Electricals intends to grow share in premium segment; remain very tight on cost optimisation: MD
  9 Nov 2022, retail.economictimes.indiatimes.com
  Our strategy is to target the urban or premium segments where we’ve been weak traditionally. We’re coming up with more premium products and premiumising our brand also. So, we intend to grow our share in premium while defending our share in rural…
• Need of the hour is uniform retail policy to ensure level playing field, control predatory pricing, say industry leaders
  9 Nov 2022, retail.economictimes.indiatimes.com
  Arvind Mediratta, chairperson for retail and internal trade, FICCI, and MD and CEO, Metro Cash & Carry India said that the implementation of the national retail policy will help small retailers get easy access to credit. “These small businesses are competing with global giants with market caps in trillions of dollars. Unless retailers get easy access to credit, the playing field is not equal.”…
• Adidas appoints boss of rival Puma as CEO after Ye fallout
  9 Nov 2022, retail.economictimes.indiatimes.com
  Adidas has appointed Bjorn Gulden, the CEO of rival Puma, as its new chief executive, and he will take over the German sportswear brand in January. Gulden will replace Kasper Rorsted, Adidas’ CEO since 2016, whose departure was announced in August…
• Welspun India’s Q2 net profit dips 96% at Rs8.33 crore
  8 Nov 2022, livemint.com
  Welspun India Ltd (WIL), the flagship company of Welspun Group, on Tuesday posted a 95.86 per cent decline in its consolidated net profit to ₹8.33 crore for the second quarter ended September 30…
• Cantabil Retail India standalone net profit rises 19.43% in the September 2022 quarter
  8 Nov 2022, business-standard.com
  Net profit of Cantabil Retail India rose 19.43% to Rs 9.28 crore in the quarter ended September 2022 as against Rs 7.77 crore during the previous quarter ended September 2021. Sales rose 29.45% to Rs 116.00 crore in the quarter ended September 2022 as against Rs 89.61 crore during the previous quarter ended September 2021…
• Tobacco player VST logs 22% sales growth in quarter ended Sept 30
  8 Nov 2022, business-standard.com
  Tobacco and cigarette manufacturer VST Industries registered a 22 per cent growth in sales and logged 15.4 per cent growth in net profit in the quarter ended September 30, 2022…
• Arvind’s Q2 net profit rises nearly 80 pc to Rs 125 crore
  8 Nov 2022, retail.economictimes.indiatimes.com
  “Profit After Tax from continuing business and before the exceptional item was Rs 85 crore. Accounting for one-time items, PAT was reported at Rs 125 crore,” Arvind said in its earning statement…
• Domino’s India franchisee Jubilant’s Q2 profit rises 10% on dine-in demand
  8 Nov 2022, retail.economictimes.indiatimes.com
  Profit rose to 1.32 billion Indian rupees ($16.12 million) in the three months ended Sept. 30, from 1.2 billion rupees a year earlier…
• How India plans to reinvent e-commerce with an Amazon killer
  8 Nov 2022, livemint.com
  E-commerce firms have been reducing amount of discounts over time, say analysts…
• GCPL Q2 net profit falls 25% to Rs 359 crore
  8 Nov 2022, retail.economictimes.indiatimes.com
  GCPL’s total expenses were 14.41 per cent up at Rs 2,951.38 crore in the September quarter. It was reported at Rs 2,579.45 crore last year.”Our overall EBITDA declined by 15 per cent driven by consumption of high cost inventory, upfront marketing investments and a weak performance in our Indonesia and Latin America & SAARC businesses. PAT without exceptional items and one-offs declined by 21 per cent,” GCPL Managing Director and CEO Sudhir Sitapati said…
• Flipkart losses widened to over Rs 7,800 crore in FY22
  8 Nov 2022, retail.economictimes.indiatimes.com
  Flipkart Internet, comprising online business-to-consumer platforms, has reported widening of loss to Rs 4,399 crore in FY22 from Rs 2,907 crore in FY21…
• Paytm Q2 Results: Net loss widens to Rs 571 cr; revenue jumps 76%
  8 Nov 2022, retail.economictimes.indiatimes.com
  Parent One 97 Communications says revenue rose to Rs 1,914 crore in second quarter from Rs 1,086 crore a year earlier…
• Rural bet helps Wipro FMCG arm beat slowdown
  8 Nov 2022, retail.economictimes.indiatimes.com
  In the last one year, WCCL added 3,000 villages and 700 distributors to better service retail outlets. In an interview with TOI, WCCL CEO Vineet Agrawal said: “When rural markets had slowed, we re-doubled our efforts to go deeper into these areas. This is one of the reasons why we have added to our growth. Consumers too reward you when you service them better.”…
• Carlyle looks to buy VLCC Healthcare
  8 Nov 2022, retail.economictimes.indiatimes.com
  PE Group in advanced talks for 60-70% controlling stake for $300 mn, formal announcement in coming weeks…
• Adidas Launches India’s Largest Flagship Store At Select CITYWALK
  8 Nov 2022, orissadiary.com
  Adidas opened the doors of its largest flagship store at Delhi’s most admired shopping centre Select CITYWALK with a power packed performance by Bollywood superstar and adidas brand ambassador, Ranveer Singh. The newly launched adidas store is a state-of-the-art concept store, combining digital innovation, immersive experiences and product portfolio to create a new benchmark in retail…
• Zomato Pay goes live for customers in some cities, replaces flagship Zomato Pro programme
  7 Nov 2022, retail.economictimes.indiatimes.com
  ​​Under Zomato Pay, customers will be able to make payments at partner restaurants through the Zomato app and will be able to avail of discounts and cashbacks…
• Unicommerce expands international operations to 10 countries
  7 Nov 2022, retail.economictimes.indiatimes.com
  ​​Its international operations grew 250 per cent YoY in terms of order volumes in September 2022…
• Voltas to invest Rs 1,000 cr for capacity expansion
  7 Nov 2022, retail.economictimes.indiatimes.com
  The proposed investments are to support the Tata-owned air-conditioner and home appliance maker’s pace of growth, ensure its leadership status in air-conditioners and commercial refrigeration, and fulfil its aspirations to become one of the top three brands in home appliances like refrigerators and washing machines, its managing director, Pradeep Bakshi, said…
• Zomato’s intercity delivery head Siddharth Jhawar quits; Blinkit executive Kamayani Sadhwani to take over
  7 Nov 2022, retail.economictimes.indiatimes.com
  Siddharth Jhawar joined Gurugram-based Zomato in April last year from Hotstar, where he was the head of strategic initiatives. He announced his exit from Zomato in a LinkedIn post…
• Titan can achieve Rs 2,500 crore from international biz earlier than expected: CFO
  7 Nov 2022, retail.economictimes.indiatimes.com
  “In Q1 and Q2 we did not see a lot of traction, it was almost at a similar proportion to what it used to be but in quarter three we believe with the November and December month still ahead of us, we can see some positive traction. But on a LFL basis it would be very difficult to say that we should just extrapolate what we have seen in the festive season.”…
• Vi expands retail footprint with 300 new Vi Shops in rural markets
  7 Nov 2022, crn.in
  Rapid broadband penetration has led to increased digitalization in the country over the last few years. Further catalyzing digital growth by connecting the next 500 mn digitally unconnected population of the country, India’s leading telecom operator, Vodafone Idea Limited (Vi) has planned its largest retail expansion since its brand launch…
• CaratLane Records 109 Percent Growth in EBIT in Q2
  7 Nov 2022, livemint.com
  CaratLane continued its strong growth in Q2, normally a slow quarter for the year. Post an upbeat Raksha Bandhan, a moderate drop in consumer sentiment was visible in August and in September reflecting in a lower customer conversion than anticipated. The online searches for jewellery on Google too dropped during this period, reflecting this trend. However, the ensuing recovery going into the festive season was very encouraging from the start of Navratri that came at the end of the quarter…
• Village Food Courts to Launch Capriotti’s Sandwich Shop and Wing Zone in India
  7 Nov 2022, einnews.com
  Village Food Courts (VFC), a Village Groupe company, signs a multi-unit license agreement for the Republic of India with Capriotti’s Sandwich Shop (Capriotti’s) and Wing Zone. The deal includes the exclusive rights to launch both brands within VFC’s food court venues and select delivery kitchens. VFC plans to open around 50 locations over the next 5 years and for the first time, both Capriotti’s and Wing Zone will be featured together on VFC’s platform offering an unmatched range of menu items…
• India’s urban awakening catapulting the real estate boom in Tier II & Tier III cities
  7 Nov 2022, timesofindia.indiatimes.com
  Tier II and III cities are now the focal point of India’s real estate boom. For the longest time, these cities with abundant resources have remained untapped. The turning point for the growth of these cities was the government’s agenda of building 100 smart cities, ease in taking loans from banks and non-banking financial companies for development projects, and it further got a strong push with the onset of the pandemic…
• Brookfield India REIT’s net operating income up 48% at Rs 241.3 crore in Q2 FY23
  7 Nov 2022, retail.economictimes.indiatimes.com
  In a regulatory filing, Brookfield India Real Estate Trust informed that the company has declared a distribution of Rs 170.89 crore or Rs 5.10 per unit for the quarter ended September 30, 2022…
• Rising pollution pushes up air purifier sales
  7 Nov 2022, retail.economictimes.indiatimes.com
  The business of air purifier came to the spotlight around eight years ago when the AQI level of Delhi NCR and the adjoining area started hitting alarming levels in November and December. After that several companies jumped into the segment…
• Bombay Dyeing & Manufacturing Q2 net loss at Rs 93 cr; revenue up 50 pc at Rs 745 cr
  7 Nov 2022, retail.economictimes.indiatimes.com
  Its revenue from operations jumped 50.37 per cent to Rs 745.22 crore during the quarter under review as against Rs 495.56 crore in the year-ago period…
• ‘Took a good call by not going offline early in our journey’, says mCaffeine’s co-founder, Tarun Sharma
  7 Nov 2022, retail.economictimes.indiatimes.com
  While mCaffeine has completed 6 years in the industry, it entered the offline market last year in September. Commenting on why the brand forayed offline at a late stage, Sharma said, “We believe we took a good call by not going offline when we were at just Rs 50 crore revenue. We were very cautious.”…
• Alco-bev brands see no impact of inflation on consumer demand; capitalize on festive surge with new launches
  7 Nov 2022, retail.economictimes.indiatimes.com
  “We have seen our sales in the festive season double in comparison to last year,” Bira 91 said adding that it saw its premium segment amplifying across tier 2 cities in addition to metros…
• Pepsi wins battle against Hyderabad company on Mountain Dew
  7 Nov 2022, retail.economictimes.indiatimes.com
  The Telangana high court has held that beverages MNC PepsiCo has exclusive rights over ‘Mountain Dew’ trademark. In an 18-year-old dispute, Pepsi sued Hyderabad-based MagFast Beverages for selling bottled water under the label ‘Mountain Dew.’…
• Reliance set to acquire METRO Cash & Carry India in Rs 4,060 crore deal
  7 Nov 2022, retail.economictimes.indiatimes.com
  The deal includes 31 wholesale distribution centres, land banks and other assets owned by METRO Cash & Carry here, they said. This is going to help Reliance Retail, the country’s largest retailer, expand its presence in the B2B segment…
• Reliance Retail to buy 49% in Naturals Salon by first half of Q4: sources
  6 Nov 2022, business-standard.com
  Through funds raised from the deal, Naturals is planning to expand its footprint across the country. It currently runs 700 salons in 20 states and is planning to increase that to 3,000 by 2025…
• Vodafone Idea rolls out 300 Vi shops in tier 3 markets of 5 states. Details here
  6 Nov 2022, livemint.com
  The company pointed out that the Vi Shops in Tier 3 towns will provide an uniform experience to local customers, enabling quick support and handholding…
• Macrotech Developers looking to sell 5 lakh sq ft mall, 1.5-2 lakh sq ft office space: MD Abhishek Lodha
  6 Nov 2022, retail.economictimes.indiatimes.com
  Realty firm Macrotech Developers plans to sell a shopping mall near Mumbai and 1.5-2 lakh square feet office space by March as part of the company’s strategy to monetise non-core assets, its MD and CEO Abhishek Lodha said. He did not disclose the deal value of these 6.5-7 lakh square feet of commercial space. But, market sources said the value of these assets could be around Rs 800 crore…
• FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases
  6 Nov 2022, retail.economictimes.indiatimes.com
  In the July-September quarter, listed FMCG companies, including HUL, ITC, Dabur, Nestle, Tata Consumer, Britannia and Marico, reported pressure on their margins on similar lines as the preceding quarter and said the demand environment remained challenging with inflation impacting consumption…
• iPhone production in India to grow by 150% in 2023: analyst
  5 Nov 2022, retail.economictimes.indiatimes.com
  ​According to Ming-Chi Kuo, a Hong-Kong-based analyst, Foxconn will ramp up production in India with the medium-/long-term goal to ship 40-45% iPhones from India…
• Go Fashion (India) Q2 Reports: Firm reports PAT at Rs 19.3 crore
  5 Nov 2022, retail.economictimes.indiatimes.com
  Commenting on the financial performance, Go Fashion (India) Ltd CEO Gautam Saraogi said, “despite a challenging environment, the company has performed well in Q2 and first half of FY2022-23. Our revenues for the second quarter grew by 48 per cent year on year to Rs 166 crore highest ever quarterly revenues at Go Fashion.”…
• Samsung India sells Rs 14,400 crore worth of mobile phones in Sep-Oct
  5 Nov 2022, retail.economictimes.indiatimes.com
  “Samsung had a record festive season this year. This was an outstanding performance on account of great revenue which we posted of Rs 14,400 crore in a 60-day period starting September 1,” he said…
• ‘A single window for licences will help the restaurant biz immensely’
  5 Nov 2022, retail.economictimes.indiatimes.com
  As authorities announce plans to reduce red tape around restaurant licensing, owners of eateries say their immediate concerns are quick permissions for open air dining for restaurants in NDMC areas and licences for running 24X7 operations…
• Germany’s Metro in advanced talks over sale of Indian division
  5 Nov 2022, retail.economictimes.indiatimes.com
  Metro has been active in the Indian market since 2003, employs around 3,350 staff there and makes around 765 million euros of sales, around 2.6% of its total…
• Britannia Industries Q2 profit rises 28.5% YoY to Rs 491 crore
  5 Nov 2022, retail.economictimes.indiatimes.com
  Its total revenue from operations climbed 21.40 per cent to Rs 4,379.61 crore from Rs 3,607.37 crore in Q2 FY22…
• Sellers push for faster rollout of National Retail Trade Policy
  4 Nov 2022, indianretailer.com
  In December last year, the Ministry of Commerce had said that a draft National Retail Trade Policy has been prepared for streamlining retail trade and development of all formats across the industry…
• Retail Leasing Rises by 114 pc YoY, Crossing 3.4M sq ft in 9 Months
  4 Nov 2022, indianretailer.com
  Retail leasing in India has increased by 114 percent year on year between January to September 2022, the supply grew by 102 percent quarter on quarter in Q3 2022…
• Apple leads India premium smartphone segment with 40% share
  4 Nov 2022, retail.economictimes.indiatimes.com
  Apple led the premium segment in India with 40 per cent share, followed by Samsung and OnePlus, with registering highest ever shipment share in the country in the September quarter…
• Gillette India profit rises 6% to Rs 86.8 crore; sales 8% higher at Rs 620 crore in July-September
  4 Nov 2022, retail.economictimes.indiatimes.com
  Its revenue from operations was up 8.12 per cent to Rs 619.92 crore during the quarter under review as against Rs 573.31 crore of the corresponding quarter, Gillette India said in a BSE filing…
• Westlife Development renamed Westlife Foodworld
  4 Nov 2022, livemint.com
  The company operates owns 331 McDonald’s restaurants and 267 McCafés in West and South India. Photo by Priyanka Parashar/Mint…
• Ethos Q2 profit surges over 400% to Rs 13.6 crore; revenue grows 32% YoY
  4 Nov 2022, retail.economictimes.indiatimes.com
  “This quarter has again reinforced our belief in the strong growth that we witnessed over the last few quarters. It shows a consistent trend that reflects the transformation of the Indian market for luxury watches, with Ethos as the reference,” said Yashovardhan Saboo, Managing Director and Chairman, Ethos Limited…
• Way to expand. Startups should see acquisitions as means to grow: Starbucks co-founder
  4 Nov 2022, thehindubusinessline.com
  When Starbucks was first doing its global growth, one of its strategies was to acquire companies: Zev Siegl…
• Prataap Snacks expects double digit EBITDA in the next 2-3 quarters: Amit Kumat
  4 Nov 2022, retail.economictimes.indiatimes.com
  “We are trying to optimise our production cost and channel margin. Most of the benefits that we have taken from last year to this year, have come out of the general reduction and very little from the price increase to the consumer. Going forward also, we intend to do the same thing but not hike prices.”…
• Marico posts surprise drop in Q2 profit as rural demand slips
  4 Nov 2022, retail.economictimes.indiatimes.com
  However, the softening commodity prices would help lower prices of its hair and edible oil and drive up market share during the all-important October-December festive quarter, Marico said, adding that it expects gross margins to expand sequentially…
• Titan Q2 profit rises 34% YoY to Rs 857 crore; firm optimistic on growth for rest of FY23
  4 Nov 2022, retail.economictimes.indiatimes.com
  The jewellery business, excluding bullion, saw an 18% YoY growth in revenue to Rs 7,203 crore. Watches and wearables business revenue increased 21% on year to Rs 829 crore. The eye care business reported a 4% growth in revenue to Rs 167 crore…
• ABFRL Q2 Results: Net profit jumps five-fold to Rs 29.44 crore; revenue 50% higher at Rs 3,074.61 crore
  4 Nov 2022, retail.economictimes.indiatimes.com
  “Robust Like-to-Like and consistent e-commerce performance have been key drivers of growth in the quarter. The period also saw an increase in marketing investments post a hiatus of more than 2 years since COVID, as the company reinvigorated its focus towards brand building and strengthening consumer connect,” it said…
• Himanshu Chakrawarti elevated as CEO of Snapdeal marketplace
  4 Nov 2022, retail.economictimes.indiatimes.com
  Chakrawarti joined the e-tailer one year ago as the president of the Snapdeal marketplace business and has been leading the company’s Bharat-focused, value commerce strategy.​..
• Bikaji Foods raises Rs 262 crore from anchor investors
  4 Nov 2022, retail.economictimes.indiatimes.com
  The firm has decided to allocate 87.37 lakh equity shares to anchor investors at Rs 300 apiece, aggregating the transaction size to Rs 262.11 crore, according to a circular uploaded on BSE’s website on Thursday evening…
• Reliance plans to enter salon business, may buy into Naturals
  4 Nov 2022, retail.economictimes.indiatimes.com
  Reliance Retail is set to enter the salon business and is in talks to buy about 49% stake in Chennai-based Naturals Salon & Spa, competing directly with Hindustan Unilever’s Lakme and regional brands including Enrich and Geetanjali…
• Big brands set to miss plastic sustainability targets
  4 Nov 2022, retail.economictimes.indiatimes.com
  The study by the Ellen MacArthur Foundation and the United Nations Environment Programme also revealed that some companies- including Coca-Cola and Pepsi- are using more virgin plastic despite a pledge to reduce its use…
• Demand for gold jewellery soars to pre-pandemic level
  4 Nov 2022, livemint.com
  In the nine-month period of 2021, gold sales stood at 346 tonnes and were at 179 tonnes in 2020 due to a demand slump during the covid-led lockdowns…
• Devyani International’s Q2 profit up 22% to Rs 56.83 crore
  4 Nov 2022, retail.economictimes.indiatimes.com
  Revenue from operations in the second quarter of the current fiscal increased 44.82 per cent to Rs 747.42 crore as against Rs 516.08 crore in the year-ago period, Devyani International Ltd (DIL) said in a regulatory filing…
• Honasa Consumer logs profit of Rs 19.86 crore in FY22; revenue up two-fold to Rs 932 crore
  4 Nov 2022, retail.economictimes.indiatimes.com
  Honasa Consumer’s revenue from operations jumped over two-fold to Rs 931.75 crore in FY22…
• Dairy industry revenue likely to witness 12-14 per cent growth in FY23: Report
  4 Nov 2022, retail.economictimes.indiatimes.com
  Indian dairy companies are estimated to achieve revenue growth of 12-14 per cent in FY23 on a year-on-year basis, backed by a strong revival in demand, especially the HoReCa segment and an increase in retail prices, Icra said in a report on Thursday…
• Retail leasing rises 114% Y-o-Y, crossed 3.4 mn sq ft in 9 months: Report
  3 Nov 2022, business-standard.com
  Hyderabad, Delhi- NCR, Mumbai, and Bangalore account for 79% of overall retail space absorption…
• P&G Hygiene and Health Q1 profit dips 29.3% to Rs 154.4 crore, revenue down 1.3% to Rs 1,044.9 crore
  3 Nov 2022, retail.economictimes.indiatimes.com
  Revenue from operations fell 1.26 per cent to Rs 1,044.89 crore during the quarter under review. In the year-ago period, the same stood at Rs 1,058.30 crore, Procter & Gamble Hygiene and Health Care Ltd (PGHH) said in a regulatory filing…
• D2C baby products startup, SuperBottoms enters offline retail
  3 Nov 2022, retail.economictimes.indiatimes.com
  The D2C startup plans to open 6 kiosks in the west and north by the end of this financial year, it said in the release adding that the company is building a team to expand its presence across general trade outlets…
• Rural development ministry inks pact with Patanjali for marketing of women SHGs products
  3 Nov 2022, retail.economictimes.indiatimes.com
  In the presence of Union rural development minister Giriraj Singh, additional secretary in the ministry Charanjit Singh signed an agreement with Acharya Balkrishna, Secretary General, Divya Yog Mandir Trust on behalf of Patanjali…
• Raymond Q2 net profit jumps over two-fold to Rs 162 cr
  3 Nov 2022, retail.economictimes.indiatimes.com
  “Raymond continues to deliver high operating performance along with profitable growth for the 4th consecutive quarter, leveraging optimism in the market and improved consumer demand. Focused approach has driven growth over pre-Covid levels and cost consciousness has led to deliver yet another record profitable quarter,” said an earning statement by the company…
• Indigo Paints profit more than doubles in Q2 FY23
  3 Nov 2022, retail.economictimes.indiatimes.com
  Net profit jumped 173.8% to 370.9 million Indian rupees ($4.47 million) for the three months ended Sept. 30, from 135.5 million rupees a year earlier, the Pune-based company said in an exchange filing…
• Adani Wilmar Q2 Results: Profit plunges 73% YoY to Rs 49 crore
  3 Nov 2022, retail.economictimes.indiatimes.com
  Adani Wilmar, a joint venture between Indian conglomerate Adani Group and Singapore’s Wilmar Group, saw total expenses climb 6% to 141.5 billion rupees, while revenue from operations rose over 4% to 141.5 billion rupees. The growth pace has been dragged by a decline in mainstay edible oil…
• Priyanka Chopra’s Anomaly set for India expansion with multiple SKUs by next year
  3 Nov 2022, financialexpress.com
  Anomaly products’ price start at `750 per 325 ml shampoo bottle, which implies it is affordable but not a mass brand…
• India to be among top 3 markets in Asia for Garmin in 5 years; to add 7 brand stores by 2023
  3 Nov 2022, retail.economictimes.indiatimes.com
  Garmin, which announced the appointment of Yeshudas Pillai as the new country head for its India operations, has been witnessing double-digit growth in the country and expects the momentum to continue…
• Zomato rolls out delivery bags with ‘hotline phone number’ to report rash driving by its delivery partners
  3 Nov 2022, livemint.com
  Deepinder Goyal had said that Zomato would put a phone number on the bags of its delivery partners for people to call and report…
• KFC and Pizza Hut witnessed double digit system sales growth in India
  3 Nov 2022, business-standard.com
  Both KFC and Pizza Hut’s system sales contribution of each of the brands stood at 1 per cent in the quarter…
• Mattress startup The Sleep Company raises Rs 177 cr in Series B round led by Premji Invest
  3 Nov 2022, retail.economictimes.indiatimes.com
  The company plans to use the funds to strengthen omnichannel capabilities, invest in awareness and education, expand across international markets, and build a strong team. Sharing a future vision, Harshil Salot, co-founder of the company said, “Over the next 3-5 years, we plan to position ourselves as a comfort technology brand.”…
• Relaxo Footwears net profit falls 67% to Rs 22.4 crore
  3 Nov 2022, retail.economictimes.indiatimes.com
  Its revenue from operations was down 6.26 per cent to Rs 669.65 crore during the period under review as against Rs 714.43 crore in the corresponding period of the previous fiscal…
• Demand for apparel, FMCG, gadgets fires up festive sales
  2 Nov 2022, livemint.com
  ​ Early data from Retailers’ Association of India indicated an uptick in demand for apparel, electronics and footwear…
• How Temu is Making the Distinction Between Wholesale and Retail Irrelevant
  2 Nov 2022, thehansindia.com
  ​ Temu is the latest global marketplace that shoppers are currently swarming to as the e-commerce platform offers superior products at reasonable prices, making the distinction between retail and wholesale irrelevant…
• 8 Steps to make retail international brands successful in Indian market
  2 Nov 2022, retail.economictimes.indiatimes.com
  ​ Despite certain factors like border disputes, conflicts, changing terms of exports, and rising costs, India has been providing growth opportunities for many international brands. India is seen as one of the best investment opportunities, in the words of Mckinsey’s CEO Bob Sternfels, “It’s not India’s decade, it’s India’s century”, in the world…
• Top 10 hottest men of architecture and design industry
  2 Nov 2022, indiatoday.in
  The most sought-after list of the architecture and design industry biggies…
• Tata Consumer Products to expand presence in snacks, protein space
  2 Nov 2022, thehindubusinessline.com
  Among the key platforms, snacks and protein that will be its future engines of growth…
• Pepe Jeans Inner Fashion appoints Rishi Mohindru as CEO
  2 Nov 2022, retail.economictimes.indiatimes.com
  The inner fashion brand is a joint venture (JV), formed last year, between Dollar Industries and G.O.A.T Brand Labs ( latter with 51 per cent stake). It has licensing rights for multiple product categories in the innerwear, sleepwear and socks across men, women and kids…
• Offline to online: Maximize your retail experience capabilities
  2 Nov 2022, retail.economictimes.indiatimes.com
  ETRetail and Salesforce collaborated to deliver an exclusive roundtable conference wherein experts presented their insightful outlook on how companies can maximize their leverage on both online and offline models of retail in today’s digital-first economy. Business leaders and retail heads from world-renowned organizations unveiled their brand’s retail transformation story via this topical roundtable discussion…
• Garmin appoints Yeshudas Pillai as Country Head for India
  2 Nov 2022, retail.economictimes.indiatimes.com
  Pillai will be based out of the national capital Delhi. In this role, he will be driving stakeholder engagement, growth, and development of the brand in India, according to a statement by Garmin. The executive comes with over 16 years of experience of working in consumer electronics, consumer durables, FMCG and premium lifestyle brands…
• Falguni and Adwaita Nayar decode Nykaa’s performance, fashion business & more
  2 Nov 2022, retail.economictimes.indiatimes.com
  “Nykaa is really excited by the sheer size and market opportunity that fashion presents. It might be five to six times the size of the beauty market. So the sheer market size and opportunity is really exciting. Within that, we think there is an opportunity for multiple players to exist as with any sort of mature consumption economy, one would see multiple players existing providing different value and different propositions to the customers. ”…
• DealShare launches private brands, aims to invest Rs 500 crore in next 2-3 years
  2 Nov 2022, retail.economictimes.indiatimes.com
  With its foray into private labels, DealShare aims to bring local manufacturers to the forefront and provide value products to mass India, it said adding that it expects private brands to contribute 30 per cent to the company’s overall revenue…
• Entry of Reliance & Tata Consumer to expand beverage category, says Coca-Cola India president
  2 Nov 2022, retail.economictimes.indiatimes.com
  Ray, however, said the entry of Reliance Retail and Tata Consumer Products can result in “some disruptions at the local level” leading to consolidation, but pricing will not be a game changer…
• Lucknow’s Lulu mall creates world record for largest lamp lighting relay | Pics
  2 Nov 2022, businessoutreach.in
  Lulu Mall in Lucknow achieved the Guinness World Record for organizing the largest lamp lighting relay. 350 Lamps were lit in 39 minutes to achieve the record…
• This season, Manufacturing Companies are looking for graduates
  2 Nov 2022, businessoutreach.in
  This season, major manufacturing companies are flocking to engineering, business, and other undergraduate colleges amid the government’s continued efforts to expand activity in this field…
• Lotus Herbals acquires 20 pc stake in Yogic Secrets Healthcare
  2 Nov 2022, retail.economictimes.indiatimes.com
  Yogic Secrets Healthcare, which is engaged in the business of research-based nutraceutical products, would use the funding from the family office of Lotus Herbals to scale up their operations in India, according to a joint statement…
• P&G India announces Rs 200 crore tech fund
  2 Nov 2022, retail.economictimes.indiatimes.com
  The fund, P&G Technovate Fund, is aimed at solving business challenges with innovation and technology, the maker of Whisper sanitary napkins and Tide detergent said. This will include solutions to drive innovation across brand building and awareness, consumer research, go-to-market, and supply chain…
• Reliance Retail signs up Hardik Pandya as brand ambassador, launches athleisure brand Xlerate on AJIO Business
  2 Nov 2022, retail.economictimes.indiatimes.com
  Xlerate is focused on offering sportswear at affordable prices, with offerings starting at Rs 699, Reliance Retail added. The sports utilities offered by Xlerate includes sport shoes, athletic and lifestyle footwear, apparels such as track pants, t-shirts, shorts, and other accessories. Xlerate products are exclusively available on AJIO Business…
• Nykaa says it controlled inflation-induced fulfillment costs this quarter; to slow down hiring going forward
  2 Nov 2022, retail.economictimes.indiatimes.com
  In a post-earnings call on Tuesday, Falguni Nayar, Founder CEO of Nykaa said, “With increased warehouses, kilometers of goods traveled from our warehouses have gone down, allowing us to keep our fulfillment costs under control in an otherwise negative environment from an inflation perspective.”…
• Expect Maaza to become billion-dollar brand by around 2024: Coca-Cola India President
  2 Nov 2022, retail.economictimes.indiatimes.com
  Last week, global soft drinks major Coca-Cola Company said its lemon and lime-flavoured soft drink Sprite has become a billion-dollar brand in the Indian market…
• How Omnichannel Strategy will Drive Retail Market Growth in India
  1 Nov 2022, business-standard.com
  Shopping has always been more than a transaction, it could be compared to a tradition of sorts. It is the hallmark of festivity and gifting loved ones. For any brand, this is a period of rainfall. Retail stores get flooded with customers, stocks run out and gifts-coupons are distributed, a celebration, indeed. It is imperative that a business chooses befitting channels of distribution. For categories of products that don’t need a touch-and-feel or trial with its purchase every time, a hybrid model would work successfully. Combining offline: physical stores and online: web-based models, where orders are placed with ease, whenever wherever without restrictions. Also, the convenience of checking the entire collection in one go is an added delight…
• Reliance & Tata entry in beverages segment positive: Coca-Cola India prez
  1 Nov 2022, business-standard.com
  Ray, however, said the entry of Reliance Retail and Tata Consumer Products can result in “some disruptions at the local level” leading to consolidation, but pricing will not be a game changer…
• How ecommerce firm DailyObjects became profitable in a crowded space
  1 Nov 2022, retail.economictimes.indiatimes.com
  Daily bjects has remained unfazed despite large, entrenched and well-funded competitors in the ecommerce space and has also managed to turn profitable…
• Nykaa Q2 Results: Profit surges 344% YoY to Rs 5.2 crore; revenue jumps 39%
  1 Nov 2022, retail.economictimes.indiatimes.com
  The lifestyle retailer’s gross merchandise value or GMV rose 45% YoY to Rs 2,345.7 crore during the quarter while the gross margin improved to 45.3% in Q2 vs 42.7% in the year-ago period…
• India e-logistics industry set to touch $9 bn with e-commerce boom
  1 Nov 2022, retail.economictimes.indiatimes.com
  The number of e-commerce logistics shipments is expected to grow by four times in the next five years…
• Whirlpool of India Q2 profit down 88% to Rs 49 crore; revenue flat at Rs 1,611.54 crore
  1 Nov 2022, retail.economictimes.indiatimes.com
  Its profit after tax was down “mainly on account of rising commodity costs and inflation partially offset by cost-based price increases and cost productivity actions,” Whirlpool of India said in an earnings statement…
• Voltas swings to quarterly loss on contract termination
  1 Nov 2022, retail.economictimes.indiatimes.com
  The cooling and engineering products maker’s consolidated net loss for the three months ended September 30 was 74.1 million rupees ($896,660.21), compared with a profit of 1.04 billion rupees a year ago…
• Flipkart India revenue touches Rs 50,000 crore, losses widen 40% to Rs 3,404 crore in FY22
  1 Nov 2022, retail.economictimes.indiatimes.com
  Flipkart India’s revenue mainly comes from selling goods to these sellers, and also by selling goods through its business-to-business ecommerce marketplace to mom-and-pop stores across the country…
• Cantabil Retail India opens three new showrooms in October 2022
  1 Nov 2022, indiainfoline.com
  With this, the total number of Showrooms / Shops of the Company stands at 424, the company said…
• Less affluent households spend 2,000 on monthly groceries
  1 Nov 2022, livemint.com
  NEW DELHI : India’s “super spender” households spend an estimated ₹7,200 per month on groceries, while less affluent households spend slightly over ₹2,000, according to data released by Kantar…
• Tilaknagar Industries to acquire 19.50 pc stake in Incredible Spirits for Rs 1 cr
  1 Nov 2022, retail.economictimes.indiatimes.com
  Incredible Spirits Pvt Ltd (ISPL) was founded in 2020 by former alco-bev industry professionals Arun Raina and Pranav Teredesai. It sells alcoholic RTD products under the brand name SWIGGER…
• India’s gold demand dips as inflation hits rural buyers
  1 Nov 2022, retail.economictimes.indiatimes.com
  The lower purchases in the world’s second-biggest gold consumer could weigh on prices, which are trading near their lowest level in more than two-years…
• India’s inflation may be lower than data suggests, report says
  1 Nov 2022, retail.economictimes.indiatimes.com
  This month, the RBI called an unscheduled meeting to report on why it’s failed to keep the numbers down. Retail inflation accelerated to a five-month high in September, marking the third-straight quarter when price gains stayed above 6%…
• Retail inflation rises to 6.49 pc, food inflation at 7.76 pc for industrial workers in September
  1 Nov 2022, retail.economictimes.indiatimes.com
  The All-India CPI-IW (Consumer Price Index-Industrial Workers) for September, 2022 increased by 1.1 points and stood at 131.3. On 1-month percentage change, it increased by 0.84 per cent with respect to previous month compared to an increase of 0.24 per cent recorded between corresponding months a year ago…
• Dunzo says 60% of biz from q-commerce arm
  1 Nov 2022, financialexpress.com
  “Financial year 2023 is going to be focused on rapidly growing its quick commerce business and achieving market leadership in multiple geographies, while moving towards stronger unit economics,” the company said in a release…
• Zomato revises policy, allows users to report health violations
  1 Nov 2022, retail.economictimes.indiatimes.com
  The move came after a user tweeted on Sunday that a review she had posted on Zomato about suffering food poisoning at a Bengaluru restaurant had been taken down by the platform citing the content policy…
• Walmart India FY22 loss widens to Rs 299 crore; revenue up 7% to Rs 5,350 crore
  1 Nov 2022, retail.economictimes.indiatimes.com
  The company’s revenue in FY22 grew 6.9% to Rs 5,349.98 crore as compared to Rs 5,004.88 crore for the financial year ended on March 31, 2021…
• How the retail industry can leverage the gig economy during the festive season
  31 Oct 2022, economictimes.indiatimes.com
  The festive season, starting from Durga Puja and ending with Diwali, is considered to be the high-value annual sales event for enterprises, as consumer demand spikes to zenith. After two years of Covid-led impact on festive shopping, there has been a surge in consumer demand, despite the inflationary concerns. From consumer electronics to fashion to home decor, according to the survey of the Retailers Association of India, the bumper sales in this festive season were expected to push the online retail gross merchandise value to $68 billion in 2022, up 30% from last year…
• Retail penetration in India has a lot of catch-up to do, according to Cushman & Wakefield analysis
  31 Oct 2022, economictimes.indiatimes.com
  India’s top three cities will need 9 million square feet of retail space every year till 2027 to reach the level of organised retail area available in a country to match cities of a small country like Vietnam’s retail space per capita (RSPC), according to an analysis by Cushman & Wakefield. Currently India adds about 3.8 million sq ft of retail area every year with developers mostly focusing on office and residential assets…
• Panasonic Q2 profit falls 11% but exceeds estimates
  31 Oct 2022, retail.economictimes.indiatimes.com
  It reported 86.1 billion yen ($582.54 million) in operating profit for the three months to end-September, versus an average 81.6 billion yen profit estimated by nine analysts, according to Refinitiv data…
• Tackling supply chain issues in the consumer durables market
  31 Oct 2022, financialexpress.com
  The semiconductor shortage and dependency on Chinese suppliers is a challenge that will take some time to be resolved…
• Cremica Foods plans ₹50–100 crore investment to expand capacities
  31 Oct 2022, thehindubusinessline.com
  Defers decision to go public as the current situation is not conducive enough, says Cremica’s chief…
• After lukewarm festive period, traders now look to bounce back in wedding season
  31 Oct 2022, retail.economictimes.indiatimes.com
  Following a lukewarm business by several sectors like garments, jewelry, two-wheelers in the automobile sector in the festival season so far, traders are looking forward to the wedding season for a boost to the volume of their business, which is beginning on November 4…
• Air purifier sales rise amid bad air as people take off masks
  31 Oct 2022, retail.economictimes.indiatimes.com
  The air quality in Delhi-NCR has already hit the ‘very poor’ category and is forecast to deteriorate further this week due to weather patterns and stubble burning. Pollution levels are also increasing in other metros and cities. Brands said Covid and the resultant stress on health and hygiene among consumers is boosting air purifier sales. LG Electronics India vice president Deepak Bansal said consumers are now much more sensitive to health issues, with sales picking up the week before Diwali…
• Emami Agrotech plans to invest in soyabean, mustard oil categories; expand distribution
  31 Oct 2022, retail.economictimes.indiatimes.com
  Emami Agrotech aims to increase its soyabean and mustard oil distribution reach to around five lakh direct outlets and invest in e-commerce and modern trade, which are expected to significantly contribute to the brand’s growth going forward…
• Amazon to shut seller firm Appario in a year, renews Frontizo JV for three years
  31 Oct 2022, retail.economictimes.indiatimes.com
  In a joint statement, the two parties said the joint venture has been renewed for three years but Appario will cease to be a seller on both Amazon India and Amazon India Business – the wholesale platform – within a year…
• The declining middle class leaves politics unruffled
  31 Oct 2022, theprint.in
  The Congress and the united Opposition need to show economic leadership. They have described the symptoms of the economic crisis but failed to create a narrative that goes beyond it…
• NCR has a graveyard of ghost malls—eerie storefronts, broken mannequins, mammoth losses
  31 Oct 2022, theprint.in
  When a mall dies, proprietors and owners brace themselves for losses that can run into crores, while employees wake up every day with dread…
• Diwali boost: Commodities, confectionery lead FMCG sales growth in Oct
  31 Oct 2022, financialexpress.com
  While sales were 5.2% higher than the corresponding period last year, just in the Diwali period, they grew 10.6% over the festive week last year…
• A dull festive season with very few orders
  31 Oct 2022, financialexpress.com
  Surat textile workers on unpaid, longer Diwali vacation…
• How will metaverse change the shopping experience?
  31 Oct 2022, business-standard.com
  Mark Zuckerberg is doubling down on his efforts to take metaverse to the next level, despite investors’ pessimism. So where does metaverse stand now? And how it may change your shopping experience?…
• ‘Lipstick effect’ starts fading for consumer beauty groups
  31 Oct 2022, retail.economictimes.indiatimes.com
  This year, however, persistently high inflation and gloomy economy forecasts haven’t led to a boom in impulse buys. In the US, there was a 2.1% drop in sales of face care items in the 12 months to Oct. 1 compared to a year earlier, NielsenIQ estimates, even as inflation helped push up sales in dollar terms. And in Europe, more than one in five consumers expect to spend less on make-up and skincare in the coming months, according to McKinsey & Co. Inc research…
• Indian arms of FMCG companies beat global parents in business
  31 Oct 2022, retail.economictimes.indiatimes.com
  At present, HUL’s market valuation at $72 billion is about 62% of its parent’s market cap of $115 billion, while its revenue is over 10% of Unilever group sales…
• Consumer Forum fines Amazon
  31 Oct 2022, retail.economictimes.indiatimes.com
  The Forum found that Amazon had violated the Consumer Protection Act and gave a fake advertisement…
• How immersive technology is transforming fashion and online shopping
  30 Oct 2022, business-standard.com
  From spray-painted dresses to feeling the texture of a fabric on screen, fashion and shopping are becoming tech-immersive..
• Productive Q2. Home and personal care products bounce back in Q2
  30 Oct 2022, thehindubusinessline.com
  FMCG players witnessed a subdued growth in hygiene products…
• Why hybrid retail formats are the future of retail in India
  29 Oct 2022, retail.economictimes.indiatimes.com
  The retail sector has been completely upended by the Covid-19 pandemic, which has forced the closure of physical stores and raised questions about the future of the in-store experience. Many retailers are struggling to properly service customers through other channels as a result of these unexpected developments. Retailers that prioritized physical stores and face-to-face engagement above omnichannel strategies have found it more difficult to adapt than multichannel and digital-first retailers…
• Global smartphone market sinks to lowest Q3 level since 2014: Report
  29 Oct 2022, retail.economictimes.indiatimes.com
  Xiaomi, OPPO and vivo, recovered slightly after receiving heavy beatings due to lockdowns in China in Q2, and as they captured more of the market ceded by Apple and Samsung’s exit from Russia…
• Lego to discontinue buildable robot kits
  29 Oct 2022, retail.economictimes.indiatimes.com
  The Mindstorms kits which allow users to build robots out of Lego bricks, pins, beams, motors, gears, and other parts and then programme them using the control hubs, has been stopped, reports The Verge…
• BL interview. Tata consumer products to touch 1.5 million outlets in terms of direct reach by December
  29 Oct 2022, thehindubusinessline.com
  Tata Consumer Products has been doubling down on innovations and growing its distribution in recent times. In an interaction with businessline, Sunil D’Souza, MD and CEO of Tata Consumer Products talked about expectations of rural distress easing on the back of festival season, ramping up direct reach to 1.5 million outlets and strong focus on R&D. Edited excerpts:..
• The Red Bull billionaire’s secret recipe for success
  29 Oct 2022, retail.economictimes.indiatimes.com
  Red Bull sold almost 10 billion servings in 2021 — one for every person on the planet — and revenue jumped 24% to 7.8 billion euros ($7.8 billion). Not bad for a company based in a sleepy Alpine village…
• Dabur sharpens focus on F&B to beat inflation
  29 Oct 2022, financialexpress.com
  “We have a vision to expand our beverage portfolio to a food and beverage portfolio. We have a 70% market share in the beverage play, but we would like to extend this to the food segment,” Mohit Malhotra, CEO, Dabur India, told analysts over the earnings call for the quarter ended September…
• Asia Gold: Indian market gets festive spark, China premiums stay high
  29 Oct 2022, retail.economictimes.indiatimes.com
  “Retail demand gained momentum this week because of Diwali. Prices were also attractive,” said Ashok Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji…
• Online shopping via Flipkart? Now pay extra for cash on delivery orders
  29 Oct 2022, livemint.com
  Currently, Flipkart charges delivery fees for products below a certain price category…
• Indians buying more but smaller grocery packs
  29 Oct 2022, retail.economictimes.indiatimes.com
  Average monthly sales of fast-moving consumer product (FMCG) packs in the country stood at 19.2 billion, or 62 packs per household, from April to August 2022, significantly higher than monthly sales of 15 billion packs, or 51 packs per household, before the Covid-19 outbreak, research firm Kantar said in its FMCG Pulse report…
• FMCG firms explore ways to beat inflation, create demand
  29 Oct 2022, livemint.com
  Most FMCG companies expect demand trends to start improving towards end of the December quarter. ht…
• Mondelez India Q2 net profit falls 2.3% to Rs 977.9 crore; sales up 15.9%
  29 Oct 2022, retail.economictimes.indiatimes.com
  Its total income also went up 15.64 per cent to Rs 9,296.02 crore for the financial year that ended on March 31, 2022. It was Rs 8,038.10 crore in FY21…
• Coca-Cola India FY22 profit up 3.8% to Rs 460.35 crore; revenue rises 36% to Rs 3,121 crore
  29 Oct 2022, retail.economictimes.indiatimes.com
  The company, which operates with power brands in Indian markets, including Coca Cola, Thums Up, Limca, Sprite, Maaza and Minute Maid, is part of Atlanta-based US beverages major The Coca-Cola Company…
• Ikea India records net loss of Rs 902 crore in FY22; sales up by 77%
  29 Oct 2022, retail.economictimes.indiatimes.com
  Home furnishings retailer Ikea’s Indian unit recorded a net loss of Rs 902.8 crore in FY22. The net loss widened this year as compared to Rs 809.8 crore in the preceding year, according to financial data accessed by business intelligence platform Tofler. The net sales/revenue of Ikea India Pvt Ltd from operations went up by 77.07 per cent to Rs 1,076.1 crore in FY22. It was at Rs 607.7 crore during the financial year that ended in March 2021…
• FMCG startup Himshakti raises Rs 17 lakh in pre-seed round
  28 Oct 2022, retail.economictimes.indiatimes.com
  Himshakti plans to use the funds for marketing, sales, and improving the packaging quality of its products, it said in the release…
• NIC Natural ice creams restrained from using ‘Natural’ trademark
  28 Oct 2022, retail.economictimes.indiatimes.com
  Delhi High Court has restrained the makers of NIC Natural Ice Creams from using marks ‘Natural’ or ‘Naturals’ in its products…
• Malabar becomes 1st Indian jeweller to import 25Kg gold to UAE under CEPA
  28 Oct 2022, retail.economictimes.indiatimes.com
  In May 2022, Malabar Gold and Diamonds became one of the first beneficiaries of India-UAE CEPA when it received the permission to export jewellery from India to the UAE with tax concessions. Under the agreement, the UAE government has waived the five percent import duty into the UAE. The CEPA between India and the UAE came into effect on May 1, 2022 after Union Commerce and Industry Minister Piyush Goyal and UAE Minister of Economy Abdulla bin Touq Al Marri signed the agreement in Delhi in February 2022…
• Myntra revenue jumps 45% to Rs 3,501 crore, losses widen 40%
  28 Oct 2022, retail.economictimes.indiatimes.com
  Myntra’s revenue growth rate, even though on a smaller base, surpassed parent Flipkart’s marketplace business’s revenue growth rate, which posted a 33% jump in revenue for FY22…
• Bacardi India enters Indian-made whisky segment
  28 Oct 2022, retail.economictimes.indiatimes.com
  With this launch, the company aims to strengthen its brown spirits portfolio in the country and tap into the large consumer base in the premium whisky segment. India is one of the fastest growing markets for the brand globally, and the organization is rapidly investing behind its strategic and ambitious vision for the market, it said in the press release…
• Flipkart marketplace arm revenues jump 33% to Rs 10,476 crore, losses widen 1.5x
  28 Oct 2022, retail.economictimes.indiatimes.com
  Revenue from Flipkart’s marketplace services remained largely flat at Rs 2,823 crore while that from advertisements increased 50% to Rs 2,083 crore. The Indian company is the top contributor to parent Walmart’s ad revenue globally…
• Foreign funds raise bets on retail realty amid higher rental incomes
  28 Oct 2022, outlookindia.com
  Share of the retail sector in total commercial investments in the country is at its highest in years as foreign funds are betting big on the segment that seems to have overcome the pandemic blues with rental collections breaching pre-Covid levels…
• Pros And Cons Of Investing In Commercial Real Estate
  28 Oct 2022, outlookindia.com
  Why commercial real estate investment could be a better alternative over other property options…
• Apple’s revenue, profit up despite slowing economy; not immune to recession
  28 Oct 2022, business-standard.com
  Apple managed to boost its sales, profit during summertime quarter that depressed fortunes of many major tech companies, but that doesn’t necessarily mean it will be immune to a potential recession…
• Choco sales up, but beverages plunge
  28 Oct 2022, retail.economictimes.indiatimes.com
  It’s been a Diwali ‘dhamaka’ in sales of branded commodities as well as chocolates & confectionery this month. But there’s a word of caution for categories like home care, personal care, beverages and packaged foods as sales of these have shrunk during October 1 to 24, on a month-on-month (MoM) basis…
• McDonald’s tops profit estimates, draws low-income customers
  28 Oct 2022, retail.economictimes.indiatimes.com
  Like other fast-food chains, McDonald’s raised prices of its burgers and fries to keep up with surging commodity and labor costs. Its U.S. menu prices rose over 10% in the third quarter ended Sept 30 versus the prior year…
• Unilever spots value growth in India amid decline in volumes
  28 Oct 2022, livemint.com
  New Delhi: Indian markets are reporting weakness in consumption due to impact of inflation that is especially hurting demand in India villages, Unilever Plc’s chief executive officer Alan Jope said on Thursday. Despite this Indian markets continue to grow in value even as volumes are declining…
• Over 900 eateries exit Swiggy Dineout citing deep discounts
  28 Oct 2022, livemint.com
  The move comes a month after NRAI cautioned its partner-members against programmes being offered by Swiggy. Bloomberg…
• Amazon quarterly profit slips as shoppers seek bargains
  28 Oct 2022, retail.economictimes.indiatimes.com
  Customer response to big Amazon sales events in the past four months has been “quite positive” and “it’s clear that particularly during these uncertain economic times, customers appreciate Amazon’s continued focus on value and convenience,” said Amazon chief executive Andy Jassy…
• Witnessed strong growth in Q3 in Indian market, says Unilever
  28 Oct 2022, retail.economictimes.indiatimes.com
  Its Asia Pacific Africa zone under which India falls reported a turnover of 7.1 billion euro, with underlying sales grew 12.5 per cent driven by strong performances from home care and ice cream segments…
• Reliance Retail Plans to open small stores to sell electronics
  28 Oct 2022, retail.economictimes.indiatimes.com
  Reliance Retail had earlier run a chain of small-sized stores under the brand Digital Express, which were shut down and converted to My Jio stores selling Jio connections and some mobile phones…
• Diwali’s impact on economy: Retail business may cross 1.5 lakh crore, gold sales 20% higher
  27 Oct 2022, zeenews.india.com
  As India celebrates the festive season of Diwali, take a look at its impact on the economy of the country…
• M3M India to invest Rs 700 crore on new retail real estate project in Gurugram
  27 Oct 2022, moneycontrol.com
  The company said in a statement that it has launched a retail project – ‘M3M Capitalwalk’ in sector 113, Gurugram, on the 150-metre-wide Dwarka Expressway…
• V-Guard Q2 net profit dips 26.5% to Rs 43.6 crore; revenue up 8.7% to Rs 986 crore
  27 Oct 2022, retail.economictimes.indiatimes.com
  “Margins for the quarter were impacted by sale of higher cost Wires inventory at relatively lower realizations due to fall in copper prices. Even in the other categories, input costs remain significantly higher than long-term averages, despite some reduction seen in the last few months,” V-Guard Industries Managing Director Mithun K Chittilappilly said…
• Samsung Electronics says Q3 operating profit down 31% on-year
  27 Oct 2022, retail.economictimes.indiatimes.com
  The results were released the same day the company announced de facto leader Lee Jae-yong — who received a presidential pardon in August over a fraud conviction — would be promoted to chairman of Samsung Electronics…
• PC Jeweller posts quarterly profit on festive gold demand
  27 Oct 2022, retail.economictimes.indiatimes.com
  Profit stood at 859.2 million rupees ($10.44 million) for the three months ended Sept 30, compared to a loss of 788.9 million rupees a year earlier…
• Puma confirms operating profit, sales outlook after Q3 results
  27 Oct 2022, retail.economictimes.indiatimes.com
  The company said its earnings before interest and taxes (EBIT) rose by 12.6% on the year to 258 million euros ($257 million) while third-quarter sales rose a currency-adjusted 16.9% to 2.35 billion euros ($2.34 billion)…
• Shiprocket enables inter-city logistics for small merchants on ONDC
  27 Oct 2022, retail.economictimes.indiatimes.com
  “Our mission is to reach every independent retailer in the country and enable them with state of the art technology that can help them better manage their delivery and customer experience and be able to compete on even keel with the larger platforms that are out there,” said Saahil Goel, Co-Founder, Shiprocket…
• Swiggy denies exodus of high-end cafes, restaurants from Dineout
  27 Oct 2022, retail.economictimes.indiatimes.com
  A Swiggy spokesperson told IANS that Swiggy Dineout works with over 15,000 restaurant partners on the platform in over 20 cities and continuously engages with them to improve its offering and make this partnership viable for everyone…
• SUGAR Cosmetics appoints Marico’s Amit Aggarwal as Chief Financial Officer
  27 Oct 2022, retail.economictimes.indiatimes.com
  Prior to joining SUGAR, Aggarwal was leading the Finance team at Marico Limited as their Head of Finance – India Business. With over two decades of experience, he has also been associated with large multinational companies such as Nestle India, and Price Waterhouse Cooper…
• Chain stores comprise 35% of India’s retail gold jewellery market: report
  29 Sep 2022,livemint.com
  Gold jewellery chain stores have grown over the last 10-15 years, gaining 35% market share as of 2021, driven by evolving consumer preferences and government regulation that has encouraged the industry to become more organised, according to a report by the World Gold Council….
• Visual Product Discovery: Future of Online Shopping in India
  29 Sep 2022,indianretailer.com
  Shoppers know exactly what they are looking for but have a hard time finding it using text search and are often recommended an overwhelming selection of unrelated products….
• India Jewellery Retail Market Moving Towards Robust, Organised Eco-System; Chain Store Share Rises To 35%: WGC
  29 Sep 2022,gjepc.org
  The World Gold Council launched a report titled ‘Jewellery market structure’, as part of a series of in-depth analysis on the Indian gold market….
• Lego posts strong growth on robust demand, new store openings
  29 Sep 2022,retail.economictimes.indiatimes.com
  Prompted by higher costs of energy, freight and plastic resin, Lego in August increased prices for some of its products, although products aimed at children had mostly been shielded against price increases, Christiansen said….
• Domino’s Bengal food plant to be ready in 1 year; begins local flavour experiment
  29 Sep 2022,retail.economictimes.indiatimes.com
  “We have just got the land. We are trying to make the plant operational in a year from now. The plant will produce ingredients and products meant for captive consumption to run its pizza stores,” Jubilant Foodworks CEO and MD Sameer Khetarpal said….
• Share of chain stores in Indian retail jewellery market to touch 40% in 5 years
  29 Sep 2022,retail.economictimes.indiatimes.com
  “Demand for better designs and consumer experience, a growing awareness about hallmarking, better pricing structures and competitive return policies, as well as the introduction of GST and demonetisation, have all accelerated the shift towards chain stores,” WGC said….
• Global recession increasingly likely as cost of living soars: Chief economists’ survey
  29 Sep 2022,retail.economictimes.indiatimes.com
  According to the WEF chief Economists Outlook report, real wages are expected to continue falling across the world in 2022-2023 and the cost of living crisis is threatening social unrest, though inflationary pressures are expected to ease in the next year….
• ICRA maintains India’s FY23 GDP growth forecast at 7.2%
  29 Sep 2022,livemint.com
  Rating agency ICRA has maintained its forecast of 7.2% growth in India’s GDP for the financial year FY23. According to ICRA, the growth will be aided by a revival in contact-intensive services owing to pent-up demand, and a back-ended pick-up in Government and private CAPEX….
• Amazon India’s erstwhile biggest seller Cloudtail revenue jumped 15% before shutdown
  29 Sep 2022,retail.economictimes.indiatimes.com
  Cloudtail’s biggest expenditure was related to purchase of inventory, which rose around 6% to Rs 15,492 crore….
• Consumer sentiment favorable, inflation not a major hindrance this festive season, says Anuj Sethi, Senior Director, CRISIL Ratings
  29 Sep 2022,retail.economictimes.indiatimes.com
  Commenting on the situation on the ground, Anuj Sethi, Senior Director, CRISIL Ratings shared with ETRetail that the consumer sentiment for the festive season is favourable and high inflation which has resulted in an increase in end-product prices across categories is not emerging as a major hindrance in customer purchase decisions….
• Delhi govt writes to Centre with recommendations to simplify retail trade
  29 Sep 2022,retail.economictimes.indiatimes.com
  Among the recommendations are, the introduction of a single ID system for simplified registration of businesses, and establishing a strict monitoring and evaluation framework in the Central Inspection System (CIS) to minimize duplication in inspections….
• Tata Industries to hive some startup businesses off to Tata Digital
  29 Sep 2022,retail.economictimes.indiatimes.com
  The development comes amid a larger group consolidation strategy led by its principal investment holding company, Tata Sons, which has been merging similar businesses housed in various Tata group companies to tap synergies, cut costs and focus on building scale and competitive edge….
• Relaxo hopes to gain market share over next 3 – 4 months; expects its Sparx, rubber hawaii portfolio to become Rs 1,000 cr brand each soon
  29 Sep 2022,retail.economictimes.indiatimes.com
  In the company’s total revenue of Rs 2,653 crore for FY 2021-22, its hawaii slippers under Relaxo and Bahamas combined, Sparx, and Flite contributed equally to the pie, shared Dua. He further added that he hopes Relaxo’s rubber hawaii and Sparx to become a Rs 1,000 crore brand each soon….
• Rajeev Ranjan elevated as MD of McDonald’s India North & East
  29 Sep 2022,retail.economictimes.indiatimes.com
  McDonald’s India North & East has elevated Rajeev Ranjan as its managing director. Ranjan has been chief operating officer of the quick service restaurant chain since last year….
• Zomato says confident to make profit from inter-city food delivery
  29 Sep 2022,retail.economictimes.indiatimes.com
  Online food aggregator Zomato on Wednesday said that its inter-city food delivery will start making profit even at “a slight scale” amid concerns of the service being a logistical nightmare and a high cash-burn model….
• Bata plans to develop India as a sourcing hub, says CEO
  28 Sep 2022,livemint.com
  Bata Corp. is exploring ways to scale its India business into a sourcing hub for exports, as it seeks to diversify production and procurement beyond China, Sandeep Kataria, global chief executive officer, Bata Group, said in an interview….
• Footwear brand Solethreads plans offline retail expansion
  28 Sep 2022,thehindu.com
  Solethreads, a casual footwear brand said it was expanding retail presence in tier 1 and Tier 2 cities to increase its footprint in the country….
• What explains the bumper retail sales this festival season?
  28 Sep 2022,business-standard.com
  Nip is in the air and festival season is drawing close. And it is raining offers. Both online and offline sellers are offering heavy discounts in hope of making up for the loss of previous years….
• Metro Brands Partners with ECCO for Retail Expansion
  28 Sep 2022,indianretailer.com
  Metro Brands will retail ECCO’s formal collection for both men and women in strategically selected Metro and Mochi stores located across India….
• Fashionista to hold shopping fairs in Bilaspur and Nagpur
  28 Sep 2022,apparelresources.com
  Fashionista will hold festive editions in Bilaspur and Nagpur this October to showcase Indian brands’ latest collections for the winter wedding season….
• PMJ Jewels Opens its First Small Format Mall Store in Hyderabad
  28 Sep 2022,indianretailer.com
  PMJ Jewellers, South India’s most loved fine jewelry brand, launched its 1st small format mall store, at Sarath City Capital Mall, Kondapur. This is PMJ’s 1st store in the new format and the 27th store in South India, the 6th store in Hyderabad, and states the intent of the brand’s aggressive expansion plans….
• Festive buyers fancy premium appliances
  28 Sep 2022,livemint.com
  Premium models of washing machines, air conditioners and television sets are expected to drive appliance sales during the festive season, which kicked off in northern India on Monday, as consumers seek out new features and technologies, industry executives said….
• Demand for luxury products exposes widening inequality in India
  28 Sep 2022,retail.economictimes.indiatimes.com
  Consumer-goods makers are reporting robust demand for items priced nearly $2,000 in a nation where per-capita income is just a tad above that level, while industry data on sales of budget phones priced below $100 and motorcycles, an indicator of rural demand, are showing a weaker trend….
• E-commerce firm Sadar24 digitises Old Dehli’s Sadar Bazaar
  28 Sep 2022,retail.economictimes.indiatimes.com
  Sadar24 is an aggregator e-commerce platform that works to connect SME, MSME, small vendors, traders, and unorganised markets involved in manufacturing & trading of different products….
• Experiential retail key to drive customer engagement
  28 Sep 2022,retail.economictimes.indiatimes.com
  Experiential retail is now counterbalancing the widespread availability of e-commerce, ensuring that enhancing a brand’s physical presence as a strategy pays off. This can be extremely beneficial against the background of pent-up demand among consumers who had been forced into isolation for two years but are now emerging from their homes following a widening vaccination net….
• Reliance Retail launches fashion departmental store format ‘Reliance Centro’; opens first outlet in Delhi
  28 Sep 2022,retail.economictimes.indiatimes.com
  The company launched the first Reliance Centro store in Vasant Kunj, Delhi, today. The new store is spread across an area of 75,000 square feet and hosts more than 20,000 style options for all seasons and ages, the company said….
• E-commerce firms sell goods worth Rs 24,500 crore in first four days of festive season sales: report
  28 Sep 2022,retail.economictimes.indiatimes.com
  Besides, fashion saw a 4.5x jump in terms of Daily Average GMV (gross merchandise value) compared to business-as-usual (BAU) days to reach Rs 5, 500 crore in the first four days, it added….
• Reliance Industries shelves plan for separate ecommerce marketplace for third-party sellers
  28 Sep 2022,retail.economictimes.indiatimes.com
  The Mukesh Ambani-led company is now building JioMart as a full-fledged marketplace with presence across categories to take on market leaders Amazon and Flipkart, they said….
• Woodland adopts online retail!
  27 Sep 2022,apparelresources.com
  The global footwear and clothing brand Woodland is all set for a change and has adopted online retail in post-Covid era….
• India’s retail inflation to exceed 6% until end of 2022, says S&P
  27 Sep 2022,financialexpress.com
  Global rating agency S&P on Monday maintained its economic growth forecast for India at 7.3% for FY23 and 6.5% for FY24, with “risks tilted to the downside”. It also predicted retail inflation to stay above the central bank’s medium-term target of 2-6% until the end of 2022….
• 10 Top Retail Trends to Watch
  27 Sep 2022,applause.com
  From novel technologies to changing consumer attitudes, Applause has selected 10 top retail trends to watch….
• Samsung to lure 175 million existing India customers with cashback card
  27 Sep 2022,retail.economictimes.indiatimes.com
  Samsung’s move to offer cashbacks to customers through its new card partnership comes after it lost smartphone market share over time to Chinese rivals such as Xiaomi, Oppo and Vivo, who offer many budget smartphones in the world’s second largest mobile market….
• DIZO partners Optiemus Electronics to manufacture products in India
  27 Sep 2022,retail.economictimes.indiatimes.com
  “From selling out products within minutes of first sale to touching 1 million consumer base in just five months of inception to being rated as one of the top five smartwatch brands and fastest growing brands in audio wearables, our journey has been nothing less than a dream come true,” said Abhilash Panda, CEO, DIZO India….
• Plum Goodness aims to double its revenue to ₹500 crore in FY23
  27 Sep 2022,thehindubusinessline.com
  Plum Goodness, the homegrown D2C brand aims to double its revenue to ₹500 crore in FY23, said a top official. The brand plans to triple its store count and over 100 SKUs in the fiscal year….
• Flipkart’s Samarth programme sees 300% growth in seller base from last year, says company
  27 Sep 2022,financialexpress.com
  Ease of doing business for MSMEs: “This was brought about by securing multiple strategic engagements with the state and central ministries, departments and entities across India like the Ministry of Rural Development, Department of MSME UP, Department of Industries Jharkhand, Uttarakhand, Industry of Commerce Department, Assam, Tamil Nadu MSME Department, and Jammu & Kashmir Trade Promotion Organization,” said Flipkart….
• Amazon to hold holiday shopping event in October
  27 Sep 2022,retail.economictimes.indiatimes.com
  During the Oct. 11-12 event, Amazon Prime members will get early access to discounted items. The “Prime Early Access Sale” follows Amazon’s annual Prime Day in July….
• Raymond CFO sees ‘very strong’ demand for next six months, says no immediate impact of rate hikes
  27 Sep 2022,retail.economictimes.indiatimes.com
  Amit Agarwal expects at least a 30% rise in demand in the lifestyle business and good momentum in the real estate business….
• Noise bets on local manufacturing; sees strong potential in tier 2 and 3 cities
  27 Sep 2022,retail.economictimes.indiatimes.com
  In FY22, its total revenue stood at Rs 850 crore. The company has grown almost 2.5 times in the last fiscal as compared to its revenue of Rs 350 crore in FY21 and expects more than 100 per cent year-on-year growth this year. Currently, its offline sales contribute about 20 per cent to its overall business….
• BigBasket looks to raise $200 million at up to $3.5 billion valuation
  27 Sep 2022,retail.economictimes.indiatimes.com
  Bengaluru-based BigBasket’s holding company Supermarket Grocery, of which Tata owns 62%, filed documents with the Registrar of Companies (RoC) recently about plans to increase the authorised share capital of the firm, typically an indication of a fresh cash infusion on the cards….
• PVR to invest Rs 350 crore for 100 new screens in FY23; expects Inox merger to close by Feb next year
  27 Sep 2022,retail.economictimes.indiatimes.com
  Pointing to the company’s performance in the April-June quarter, he said patrons are coming back to halls to enjoy the cinema experience and the food and beverage sales are also up, which makes it more optimistic about expansion….
• Brands have a responsibility to respect what consumers feel: Ranjani Krishnaswamy, Titan
  26 Sep 2022,exchange4media.com
  Krishnaswamy, General Manager of Marketing, says that the brand aims to make the most of the festive season and AdEx this year is 20-25 per cent upwards compared to the pre-covid times….
• Top 10 Best Shopping Mobile Apps In India 2023
  26 Sep 2022,inventiva.co.in
  One of the economies in the world with the quickest growth rates is India. If you can do something in India, you have already conquered the world. Shopping is enjoyed by how many people? What a silly question—who doesn’t enjoy shopping?….
• What drives Mensa
  26 Sep 2022,yourstory.com
  Ananth Narayanan, Founder of Mensa Brands, takes us through the building blocks of taking brands from India to the world….
• Offline retail, evolving credit and the need for change
  26 Sep 2022,timesofindia.indiatimes.com
  India has been leading the wave of digitisation in developed countries for some time, setting an example for others to follow. However, the digital divide between rural and urban settings has been central to the debate around how India progresses on the world stage….
• Experiential Retail: The driving force behind the growth of Indian retail industry
  26 Sep 2022,financialexpress.com
  Mall developers have realised that customer engagement is critical to surviving in the competitive retail environment. Thus, they are driving innovation and adapting to emerging trends to create an indelible shopping experience for consumers….
• Space dedicated to food and beverage companies in malls on the rise post pandemic
  26 Sep 2022,businessinsider.in
  Malls in India are no longer just shopping hubs but places where consumers visit to grab a cup of coffee or have dinner with loved ones….
• Nestle open to inorganic growth opportunities in India
  26 Sep 2022,thehindubusinessline.com
  Swiss packaged food major Nestle, which announced plans for ₹5,000-crore investments in India over the next three and half years, said its open to inorganic growth opportunities in the country….
• Walkaroo building new manufacturing unit in Rajasthan, looks to tap northern market
  26 Sep 2022,retail.economictimes.indiatimes.com
  With two-thirds of the revenue contributed from the southern region, the company expects to garner a topline of Rs 2,100 crore during the current financial year, Walkaroo International Ltd Director Rajesh Kurian said on Sunday….
• Softbank-backed Meesho records 80% jump in sales on day 1 of festive season sale
  26 Sep 2022,retail.economictimes.indiatimes.com
  The company said that it has received orders from deep corners of the country such as Jamnagar, Alappuzha, Chhindwara, Davengere, Hassan, Gopalganj, Guwahati, Siwan, Thanjavur and Ambikapur….
• Amazon India customer base from tier 2, 3 cities jumps 2-fold during festive season sale
  26 Sep 2022,retail.economictimes.indiatimes.com
  The festive season sale of the company started from September 23 and will end before Diwali next month. The company gave 24 hours early access to Prime members….
• JioMart amps up festive season offerings to take on Flipkart and Amazon
  26 Sep 2022,livemint.com
  Reliance Retail’s digital commerce platform JioMart is gearing up for the festive season as its readies to compete with the likes of Flipkart and Amazon this year. The platform will operate like a marketplace offering multiple brands with items spanning electronics, consumer durables, fashion and lifestyle, beauty, home and kitchen and grocery….
• Key factors driving growth of India’s Food Processing Sector in FY 2022-23
  26 Sep 2022,retail.economictimes.indiatimes.com
  The growth in these sectors are also propelled by the pandemic, hike in expendable income leading to increasing appetites for discretionary spends on branded items including processed food-items, a rejuvenated retail sector and state sponsorship. And for the food processing industry, this is just the beginning of a golden period….
• E-commerce portals see a 28% increase in orders over the first two days of the holiday season: Unicommerce
  26 Sep 2022,retail.economictimes.indiatimes.com
  The firm offers e-commerce companies, more than 15,000 companies, 7,000 warehouses, and 1,500 stores….
• 8 years of Make in India, FY23 FDI on track to cross $100 billion, says Centre
  26 Sep 2022,retail.economictimes.indiatimes.com
  “Make In India has substantial accomplishments across 27 sectors. These include strategic sectors of manufacturing and services as well,” the commerce and industry ministry said in a statement….
• Reliance Retail set to acquire Kerala’s Bismi
  26 Sep 2022,retail.economictimes.indiatimes.com
  Bismi is a family-controlled venture owned by entrepreneur VA Ajmal who leads the business as its managing director. The company has revenue of around ₹800 crore….
• Blackstone to sell $400 million stake in Embassy REIT: Sources
  24 Sep 2022,retail.economictimes.indiatimes.com
  Abu Dhabi’s sovereign wealth fund, one of the world’s largest, is likely to pick up at least half of the stake that Blackstone is to sell, one of the sources said….
• TV maker Thomson eyes ₹600-crore sales during festival season
  24 Sep 2022,thehindubusinessline.com
  Television maker Thomson is eyeing revenue of ₹600 crore during the festival season with surge in demand for large-screen TVs….
• Meat delivery brand Freshsharp raises $125K
  24 Sep 2022,retail.economictimes.indiatimes.com
  “The brand aims to utilise the fresh funds for financial and technological assistance to elevate their businesses and enhance growth,” it said….
• Inflation top challenge globally: Nestle CEO
  24 Sep 2022,retail.economictimes.indiatimes.com
  Globally, we have inflation concerns and those are real. At some point, they will also have a dampening effect on demand. India is at a very advantageous position….
• Fashion categories set to see biggest growth in India festive season
  24 Sep 2022,retail.economictimes.indiatimes.com
  Despite concerns around inflation and discretionary spends, customers are looking forward to spending more and sellers on e-commerce platforms are expecting a 20 per cent volume growth during the festive season, reports Redseer Strategy Consultants….
• Kalyan Jewellers e-commerce platform Candere to open offline store in Mumbai
  24 Sep 2022,thehindubusinessline.com
  Candere, the e-commerce platform of Kalyan Jewellers is all set to open the first physical store in Mumbai before Diwali. Till now, Candere had online presence….
• DHL Express to hike parcel delivery charges by around 8% in India from 2023
  24 Sep 2022,livemint.com
  Depending on local conditions, price adjustments will vary from country to country, and will apply to all customers where contracts allow, DHL said….
• Shoppers all set to light up festive season: Surveys
  24 Sep 2022,thehindubusinessline.com
  Electronics, apparel, jewellery, home decor on wishlist, say reports from RedSeer, Sharechat, ZestMoney….
• Nearly 65% households plan to spend during this festive season
  24 Sep 2022,retail.economictimes.indiatimes.com
  Riding on the festive spirit, manufacturers big and small are banking on higher consumer spending despite the high inflation and an erratic summer monsoon….
• Evenflow Brands ropes in Ramesh Bafna from CoinSwitch Kuber
  24 Sep 2022,retail.economictimes.indiatimes.com
  With over two decades of experience involving finance, business and audit leadership roles in top e-commerce and IT companies including Myntra, Flipkart and Wipro respectively, Bafna would play a key role in advising the Evenflow management on short-term and long-term strategy, on scaling up the acquired brands and grow them globally, it said in a statement….
• Amazon expands four-hour delivery
  24 Sep 2022,livemint.com
  Amazon first introduced same-day delivery in India in 2017 as a part of its prime membership, its loyalty programme. For the four-hour delivery, it uses specialised centres strategically located to cover different parts of the city to optimise faster delivery speeds….
• Amazon claims to record sale of 10 lakh unique products of SMBs, startup in 36 hrs
  24 Sep 2022,retail.economictimes.indiatimes.com
  The company’s Amazon Business segment recorded 50 per cent growth in customers during the present sale….
• Flipkart festive sales witness record 1.6 million users per second
  24 Sep 2022,retail.economictimes.indiatimes.com
  Categories like laptops, smartwatches and true wireless wearables witnessed the highest demand, while makeup and fragrance category also saw high traction….
• DLF Brands’ Pure Home + Living plans to open 20-25 stores in next 15 months; expects to enter Dubai market in first quarter of 2023
  24 Sep 2022,retail.economictimes.indiatimes.com
  Presently, the brand has 22 active stores across India and plans to add 6-7 stores this year. It wants to reach a total of 45-50 stores by the end of 2023 with the aim of opening 1-2 stores every month from next year….
• Zomato to inspect cloud kitchens hosting more than 10 brands
  24 Sep 2022,retail.economictimes.indiatimes.com
  The food aggregator pointed out that in the recent past, the statutory body Food Safety and Standards Authority of India (FSSAI) has also stated that cloud kitchen entities are free to operate multiple brands on a single FSSAI licence….
• Britannia Industries elevates Varun Berry as Executive VC & MD, appoints Rajneet Kohli as CEO
  24 Sep 2022,retail.economictimes.indiatimes.com
  Rajneet Kohli’s appointment will be effective from Sept 26 and he will report to Varun Berry, the company said in an exchange filing. “Rajneet’s proven track record of scaling up businesses and building highly engaged teams makes him a perfect fit for the Organization. I look forward to partnering with Rajneet to lead us to the next phase of growth,” Berry said….
• Nestle plans to invest Rs 5,000 crore in India by 2025, says CEO Mark Schneider
  24 Sep 2022,retail.economictimes.indiatimes.com
  The investment would be on capex (capital expenditure), setting up new plants, acquisitions and expansion of the product portfolio of the company. Nestle, which currently operates 9 plants across India is also looking at new locations to set up manufacturing capacity….
• Tier 2 cities driving demand for consumer durables and electronics this festive season
  24 Sep 2022,retail.economictimes.indiatimes.com
  The demand in tier 2 towns and cities is primarily being led by Chandigarh, Jaipur, Lucknow, Ludhiana, Agra, Surat, Varanasi, Vadodara, Patna, and Ranchi, said the report. During last year’s festive season the demand in tier 2 towns and cities, for branded consumer durables, was 1.5 times that in tier 1 cities….
• Farm-to-consumer startup Deep Rooted raises $12.5 million in funding let by IvyCap
  24 Sep 2022,retail.economictimes.indiatimes.com
  The startup plans to expand its operations to cover major cities in South India, strengthen its technology stack, and proactively hire across marketing, technology, and business functions in the next 12 months….
• Single screens flicker as multiplexes shine on in silver jubilee year
  24 Sep 2022,thehindubusinessline.com
  Single screens down shutters rapidly, especially in the Hindi heartland, as multiplexes and urban-centric films take centre stage….
• FS Life raises Rs 50 crore in pre-series B funding round led by Fireside Ventures
  24 Sep 2022,retail.economictimes.indiatimes.com
  Other investors who participated in the round includes startup founders Ghazal Alagh – Cofounder at MamaEarth, Mehul Agarwal & Vikram Chopra – Cofounders at Cars 24, Malika Sadani – Founder at The Moms Co., Ruchi Kalra – Cofounder at OfBusiness and more….
• Diwali sets in early for malls, apparel & lifestyle retailers
  24 Sep 2022,retail.economictimes.indiatimes.com
  Dussehra and Diwali have historically been an occasion for selling full-priced merchandise and most brands refrain from offering discounts on newer collections and products….
• September retail inflation seen at 7.4%: Report
  24 Sep 2022,retail.economictimes.indiatimes.com
  India’s headline retail inflation is expected to rise to a five-month high of 7.4% in September, with the risk of going higher if the momentum of food and vegetable prices picks up further in the rest of the month, Deutsche Bank said….
• Falling input costs unlikely to boost consumer goods cos’ margins, say analysts
  24 Sep 2022,retail.economictimes.indiatimes.com
  Fast moving consumer goods (FMCG) and white goods makers said there will be a sequential improvement in margins in the second half (October-March) of the fiscal compared to the first half (April-September), but it is unlikely to reach the peak or the normal margin levels as it was initially expected….
• ITC puts its hat in the ring for yoga bar stake
  24 Sep 2022,retail.economictimes.indiatimes.com
  Delhi-based Dabur, VC fund A91 Capital were among those who also looked at the opportunity but passed. Yoga Bar’s parent Sproutlife has been in the market to raise Rs 150 crore from strategic and financial investors….
• Swiggy, Zomato figure in world’s top 10 e-commerce food delivery platforms
  24 Sep 2022,retail.economictimes.indiatimes.com
  The report by ETC Group said, “The food delivery sector is rapidly consolidating, but ownership is a moving target. As companies jostle for regional hegemony, they are buying, selling and swapping stakes in competitors.”​
• Lux draws up plans to increase turnover of flagship brand Lux Cozi to Rs 1,000 cr
  24 Sep 2022,retail.economictimes.indiatimes.com
  Talking to ET, Saket Todi, executive director, Lux Industries said “To begin with we have roped in Sourav Ganguly, the former captain of Indian cricket team, as the brand ambassador for Lux Cozi. Mr Ganguly is a popular person in West Bengal and is well known nationally. Bringing him as a brand ambassador will help us to connect with our potential customers in an effective way.”
• Ikea India raises Rs 600 crore
  24 Sep 2022,retail.economictimes.indiatimes.com
  Ingka Centres, part of the Ingka Group had recently said that it will invest close to Rs 7500 crore in developing two shopping destinations in NCR….
• Over Rs 58,000 crore in taxes lost due to illicit trade in FMCG, mobile, tobacco, alcohol industry: Ficci report
  24 Sep 2022,retail.economictimes.indiatimes.com
  The FMCG industry alone accounted for 75% of the total illicit value of goods in five key industries. Tobacco products and alcoholic beverages- two highly regulated industries – account for nearly 49% of the overall tax loss in these industries….
• India’s Reliance Retail in talks for rights of beauty retailer Sephora
  22 Sep 2022,retail.economictimes.indiatimes.com
  Sephora’s operations will transfer from Arvind Fashions Ltd to Reliance Retail if an agreement is reached, according to the report. Reliance, Arvind Fashions and Sephora did not immediately respond to Reuters’ requests for comment…
• Radhakishan Damani’s wealth jumps 280% in 5 years, turns 5th richest Indian billionaire
  22 Sep 2022,retail.economictimes.indiatimes.com
  With a wealth of Rs 1.75 lakh crore, the 67-year-old Mumbai-based business magnate moved up two ranks to take the fifth spot in the rich list which is dominated by Gautam Adani…
• Investors skeptical about Zomato’s entry into quick commerce after Blinkit acquisition: Jefferies
  22 Sep 2022,retail.economictimes.indiatimes.com
  A lot of investors expressed a fundamental question on Blinkit’s existence, with comments like “why someone want grocery delivery in 10-min?”, the note said…
• Multiplex revenues set to cross pre-pandemic levels in 2022-23: Report
  22 Sep 2022,retail.economictimes.indiatimes.com
  The sharp recovery in hall occupancy coupled with a troika of factors — increased average ticket prices, higher spend per head on food and beverages (F&B) and the addition of screens — are expected to script the growth story for the sector, the rating agency said in a report…
• Amazon ropes in over 9,000 sellers from NE
  22 Sep 2022,retail.economictimes.indiatimes.com
  Amazon India Director (Director External Fulfilment) Kshitij Jain said the company will continue to make investments in empowering sellers to scale up their business, catering to customers anywhere in India and the world using e-commerce…
• udaanCapital enables credit of Rs 2200 crore to over one lakh retailers
  22 Sep 2022,retail.economictimes.indiatimes.com
  udaanCapital’s proprietary risk algorithms leverage alternate datasets such as transaction patterns and trade invoices to pre-select borrowers, enhance lenders partner’s underwriting decisions and improve approval rates for borrowers by 35%…
• Online marketplace, D2C Ecommerce acquires jewellery brand AccessHer
  22 Sep 2022,retail.economictimes.indiatimes.com
  Founded in April this year, D2C Ecommerce is a multi-brand e-commerce platform that sells its own private label brands. Last week the company announced its official launch in the country along with its seed funding of Rs 60 million…
• Platinum jewellery may witness over 20 per cent sales growth in next two quarters
  22 Sep 2022,retail.economictimes.indiatimes.com
  Sharing demand for platinum jewellery for the festive season, Banerjee said that April – June was an outstanding quarter in terms of consumer buying followed by an extremely solid pre-festive August…
• As Acropolis Mall turns seven, here are seven things that make it a popular hotspot
  22 Sep 2022,telegraphindia.com
  From its convenient location to multiple dining and entertainment options, this mall offers much more than a great shopping experience…
• Reliance Retail plans ‘fast fashion’ stores to take fight to Zara
  22 Sep 2022,economictimes.indiatimes.com
  Reliance Retail is planning to launch a new clothing and accessories brand store chain to compete directly…
• Manyavar’s Ravi Modi’s wealth rises 376%, biggest gainer this year in Hurun rich list
  22 Sep 2022,livemint.com
  With an increase of 376%, Ravi Modi of Vedant Fashions, the owner of ethnic wear brand Manyavar, is the biggest gainer this year in percentage terms…
• Pharma retail chain Apollo Pharmacy opens 5,000th store in Chennai
  22 Sep 2022,newindianexpress.com
  Apollo Pharmacy, India’s largest omnichannel pharmacy retailer, has hit yet another milestone with the opening of its 5,000th store in India…
• ABFRL-owned fashion label “S&N” aims to cross 100 crore revenue mark by FY ’23
  22 Sep 2022,apparelresources.com
  Notably, its product portfolio consists of 70 per cent menswear, 20 per cent womenswear, with remaining 10 per cent constituting accessories…
• Reliance Retail to acquire Sephora from Arvind: Reports
  22 Sep 2022,apparelresources.com
  Companies such as Sugar, Plum and Nykaa are already capitalising on the emerging market and tapping into consumer growth…
• Entertainment city promoters in talks to sell Noida land for ₹2k cr
  21 Sep 2022,economictimes.indiatimes.com
  Promoters of Entertainment City Ltd, which operates The Great India Place, Gardens Galleria Mall, Worlds of Wonder amusement park and Kidzania in Noida, are in talks to sell the entire 147-acre development for about ₹2,000 crore, three people aware of the development said….
• One of India’s top shoe makers says people shopping online have moved beyond discounts
  21 Sep 2022,cnbctv18.com
  Metro Brands believes that the convenience to shop online from anywhere anytime is now the key as compared to attractive discounts earlier….
• Designer duo Shantnu and Nikhil aim to enter Rs 100 crore club by Mar’23; expand their affordable luxury label S&N
  21 Sep 2022,retail.economictimes.indiatimes.com
  The fashion brand known for its couture range forayed into ready to wear and affordable luxury segment with its label S&N during the pandemic. The designers are betting big on its affordable luxury label and are eyeing a 95 per cent growth in FY23, Mehra said, adding that last year the label grew by 40 per cent of pre-COVID levels….
• Smartphone shipments to fall 1st time this festive season, but avg selling prices to rise 12% on-year
  21 Sep 2022,retail.economictimes.indiatimes.com
  The smartphone market in India is entering the festive season sales with almost 10 weeks of inventory as a result of lower consumer demand over the past few months, according to a report by Counterpoint Research. The research firm estimates revenues of $7.7 billion (roughly Rs 69.371.1 crore), the highest ever….
• Large panel TVs share expected to cross 50 by FY2027, says Crisil
  21 Sep 2022,retail.economictimes.indiatimes.com
  The report further stated that the pandemic has changed family viewing habits and the rise in fibre-to-the-home services will further improve broadband services, thereby aiding the adoption of larger panel Televisions (TVs)….
• Toilet cleaners number one product endorsed by Indian celebrities: Report
  21 Sep 2022,livemint.com
  Indians love celebrities in advertisements, even if it means they are seen endorsing toilet cleaners. According to a new report by TAM Media Research’s Adex India report, the top 10 categories which celebrities endorsed included toilet and floor cleaners with 9% share of celebrity ad volumes in January-June 2022….
• Ninjacart enters international markets with agriculture export-import business
  21 Sep 2022,retail.economictimes.indiatimes.com
  The company, backed by US retailing behemoth Walmart and New York-based investment firm Tiger Global, said Ninja Global is an online marketplace that will create an international network of agricultural importers and exporters and help them conduct cross-border trade….
• Price volatility a challenge for 2-3 yrs: HUL
  21 Sep 2022,financialexpress.com
  Volatility in commodity prices will be a challenge that companies need to be prepared to face over the next two-three years, while the greatest threat to the planet is the belief that someone else will save it, Sanjiv Mehta, CEO and managing director of Hindustan Unilever (HUL), said on Tuesday….
• Volumes to start picking up Q3 onwards: Marico MD
  21 Sep 2022,financialexpress.com
  The fast-moving consumer goods (FMCG) sector is expected to post a gradual increase in volumes during the October-December quarter due to a fall in crude and vegetable oil prices during the past few weeks, Marico managing director and chief executive officer Saugata Gupta told FE in an interview on Monday….
• Gold’s allure to dim in India on lower rural income
  21 Sep 2022,retail.economictimes.indiatimes.com
  The livelihood of millions of farmers in the country depends on the annual monsoon and uneven rains this year could hurt incomes in the farm sector, the biggest buyer of gold in India. An increase in the import tax in July also reduced appetite for the precious metal in the second-biggest consumer….
• Norms to speed up work of consumer courts on the anvil
  21 Sep 2022,retail.economictimes.indiatimes.com
  The DoCA, under the ministry of consumer affairs, food & public distribution, is also working on finalising plans to host mega Lok Adalats to resolve about one lakh cases in one day….
• Flipkart says these items sold the most in Jan-Jul 2022, demand for small appliances rose 25%
  21 Sep 2022,financialexpress.com
  Flipkart has announced its Big Billion Days Sale to start from 23rd September, and it is betting on the same for a further increase in sales of small appliances….
• Be prepared for continued, high inflation: HUL’s Mehta
  21 Sep 2022,retail.economictimes.indiatimes.com
  The unprecedented inflation is not homegrown but has been caused by several global factors, including supply chain disruption due to the pandemic and Ukraine-Russia war, he said while speaking at a Ficci event….
• Mother Dairy expecting 20pc revenue growth in FY23 to Rs 15,000 cr
  21 Sep 2022,retail.economictimes.indiatimes.com
  “We are expecting 20 per cent growth this fiscal year in our turnover to reach around Rs 15,000 crore,” Mother Dairy Fruits and Vegetables Pvt Ltd MD Manish Bandlish told PTI….
• Japan’s Kirin in talks to triple investment in Indian craft beer maker Bira, say sources
  21 Sep 2022,retail.economictimes.indiatimes.com
  Kirin, which first invested $30 million in Bira for an under 10% stake last year, is set to pump in the additional funds at an equity valuation of $450 million, the sources said. Negotiations between the Japanese company and Bira’s owners are in the final stage, one of the sources said….
• National Logistics Policy: India’s new policy framework to become globally competitive
  21 Sep 2022,retail.economictimes.indiatimes.com
  Focusing strongly on creating a single-window e-logistics, the NLP aims to reduce the logistics cost from 13-14 % of GDP to single digits….
• Non-alcoholic beer to face 28% GST, 12% cess: AAR
  21 Sep 2022,retail.economictimes.indiatimes.com
  Non-alcoholic malts are agri-based products containing barley malt and substantially lesser sugar. While beer contains 1. 2% to 8% alcohol by volume (ABV), non-alcoholic malt has 0% ABV. UB added that non-alcoholic malts are classified as non-alcoholic beer and are liable to GST at 18% rate….
• Fabindia cuts losses to Rs 39 crore for FY22
  20 Sep 2022,financialexpress.com
  The company posted revenue of Rs 1,392 crore, a rise of 31% during the year over Rs 1,060 crore in FY21, according to documents filed with the Registrar of Companies….
• Moving towards diversity
  20 Sep 2022,apparelresources.com
  While Bangladesh garment industry has transformed to become the second biggest apparel exporter globally, many big and reputed garment makers have transitioned into other businesses with equal élan….
• U S Polo Assn expands offline presence with five new stores in Bengaluru
  20 Sep 2022,in.fashionnetwork.com
  U S Polo Assn (USPA) retailed in India by Arvind Fashions Limited has strengthened its retail presence in the Indian market with the opening of five new stores in the southern city of Bengaluru….
• Top 10 Best Garment Manufacturers In India in 2023
  20 Sep 2022,inventiva.co.in
  The clothing and apparel market in India is anticipated to reach a value of over $59.3 billion in 2022, maintaining its position as the sixth-largest clothing manufacturing nation in the world….
• Indian sustainable fashion brand Goados creating waves globally with Khadi
  20 Sep 2022,apparelresources.com
  Goados is an Indian brand focused on creating sustainable apparel using natural indigenous material like Khadi– with an emphasis on the continued sustenance of traditional Indian crafts and techniques….
• M3M launches 4.87 lakh square feet retail project in Gurugram with a topline of Rs 1000 crore
  20 Sep 2022,theprint.in
  M3M India, one of the fastest growing real-estate developer in India, has launched another high-end retail project – ‘M3M Route65’ in Gurugram, next to the Worldmark in sector 65….
• Blackstone picks 6 lead I-banks for India’s first retail mall REIT IPO for $2.5-billion portfolio
  20 Sep 2022,moneycontrol.com
  Nexus Malls is the Indian retail portfolio arm of the Blackstone Group and made its entry into the Indian market in 2016. According to its website, Nexus Malls, the largest mall operator in the country….
• Festive fervour: Indian business gear up for COVID-19 curb-free celebrations after three years
  20 Sep 2022,retail.economictimes.indiatimes.com
  With the Hindu festivals of Durga Puja and Diwali taking up the majority of September and November, even e-commerce giants Amazon and Flipkart are gearing up for deep discounts with their annual sales already announced….
• 36% online MSME sellers plan to launch new products before festive season, says survey
  20 Sep 2022,retail.economictimes.indiatimes.com
  The survey was conducted to gauge the festive sale preparedness of online suppliers and understand the way they measure performance during such events. “Of all the sellers who participated in the study….
• CityMall undertakes first Esop buyback worth $1.3 million
  20 Sep 2022,retail.economictimes.indiatimes.com
  CityMall, which is backed by investors like Accel, Elevation Capital and General Catalyst, raised $75 million in March. Three months later, the company fired about 191 employees to adapt to the changing macroeconomic environment….
• Good Glamm in talks to acquire Twinkle Khanna’s Tweak India
  20 Sep 2022,retail.economictimes.indiatimes.com
  Tweak India is a female-focused multimedia platform across text, video, podcasts, radio, and event formats, with a focus on wellness, beauty, and an eco-friendly lifestyle….
• Despite a surge in FMCG volumes, beverages and homecare products witness decline in sales
  20 Sep 2022,thehindubusinessline.com
  Even as the fast-moving consumer (FMCG) goods have witnessed a surge in demand during the festive season, beverages and homecare product segments have seen a decline in consumption….
• IPO-bound Fabindia narrows loss, revenue surges 29% in FY22
  20 Sep 2022,retail.economictimes.indiatimes.com
  The company has received approval for its Rs 4000-crore IPO from Sebi. During the year, most retailers recovered from Covid restrictions and breached pre-pandemic sales helped by increased mobility, offices reopening and social events….
• ProcMart sees huge demand from FMCG sector; eyes Rs 1000 crore revenue in next 3 years
  19 Sep 2022,retail.economictimes.indiatimes.com
  The company plans to achieve Rs 1000 crore revenue in next three years. It expects a total revenue of Rs 200 crore in this fiscal…
• Print out on demand service via quick commerce not likely to scale: Report
  19 Sep 2022,business-standard.com
  A survey by LocalCircles found that only 14 per cent of Indians are likely to use such a service….
• Meesho taps Bharat in its battle with Amazon, Flipkart this festive season
  19 Sep 2022,business-standard.com
  The SoftBank-backed firm is expecting 80% of its orders to come from rural India, which includes small towns and cities…
• Direct tax collection grows 30% to Rs 8.36 lakh crore in FY23
  19 Sep 2022,retail.economictimes.indiatimes.com
  ​​”The gross collection of direct taxes (before adjusting for refunds) for FY 2022-23 stands at Rs 8,36,225 crore compared to Rs 6,42,287 crore in the corresponding period of preceding financial year i.e. 2021-22, registering a growth of 30 per cent over collections of 2021-22,” PTI quoted the ministry as saying…
• Inflation momentum to ease in Q3: RBI economists
  19 Sep 2022,retail.economictimes.indiatimes.com
  The Reserve Bank of India stuck to its stance that inflationary pressures would ease later in the fiscal year which is also helped by softening commodity prices, especially crude, its monthly report on the State of the Economy showed…
• Upcoming festive season gives ecommerce players a reason to cheer, as they anticipate buoyant sales
  19 Sep 2022,yourstory.com
  As inflation stabilises and consumer demand increases across the board, festive season sales are likely to be the primary fuel for the growth of ecommerce sales in 2022. However, online sellers will also have to contend with brick-and-mortar players…
• UAE-based Lulu Group mulls increasing its footprint in Punjab
  19 Sep 2022,tribuneindia.com
  The UAE-based retail major Lulu Group is contemplating to increase its investment in Punjab. Having already invested in a meat processing plant in Dera Bassi, the group is likely to invest in agri value chain and a mega mall in Punjab. The total investment in the state is likely to be Rs 1,200 crore…
• India may soon get first REIT of retail assets
  19 Sep 2022,tribuneindia.com
  India is expected to get its first Real Estate Investment Trust (REIT) of retail assets soon as institutional investors and developers look to monetise their rent-yielding space in shopping malls, according to JLL India…
• Why government needs to fast-track the National Retail Policy
  19 Sep 2022,economictimes.indiatimes.com
  In 2019, when the draft National Retail Policy (NRP) was announced, it was met with a lot of optimism. Aimed at creating a conducive business environment for retail trade by…
• Blinkit partners with Apple reseller Unicorn to deliver iPhones and more in minutes
  17 Sep 2022,retail.economictimes.indiatimes.com
  Unicorn has 38 points of interaction nationwide, with Apple Mono Brand Stores and Apple Authorised Service Centers in Mumbai, Pune, Gurgaon, Ahmedabad, Lucknow, Chandigarh, and New Delhi…
• Indian yoga guru eyes stock market debut of 4 group firms
  17 Sep 2022,retail.economictimes.indiatimes.com
  Patanjali said it would list its main consumer goods company, Patanjali Ayurved, the bulk of which is owned by Ramdev’s business partner Acharya Balkrishna, who has a net worth of $2.1 billion according to Forbes…
• Johnson & Johnson barred from making talcum powder in Maharashtra
  17 Sep 2022,retail.economictimes.indiatimes.com
  Johnson & Johnson can no longer manufacture or sell its baby powder in Maharashtra as the FDA in the state cancelled its licence over safety concerns on Thursday. The company has to recall its stock from the market with immediate effect, the FDA said on Friday…
• Samsung India aims for 45% on-year jump in electronic product sale this festive season
  17 Sep 2022,retail.economictimes.indiatimes.com
  Senior vice president Mohandeep Singh said the sales projections are made after the company posted a similar pace of growth in this year’s Onam and Independence Day sales, while the premium segment grew by 80%. He said the trend of premiumisation has further gained pace whereby categories like premium televisions and refrigerators are growing sales by 100-200%…
• Haier India expects 25 to 30 per cent value growth this Diwali season
  17 Sep 2022,retail.economictimes.indiatimes.com
  NS shared that the company aims to grab the number three position in the consumer durables industry with a market share of 14 per cent by the end of this calendar year. The company was pegged at 12 per cent market share at the beginning of this year…
• eBay launches the Global Xpansion Program (GXP) to accelerate global growth for fast growing Indian Businesses
  17 Sep 2022,retail.economictimes.indiatimes.com
  eBay is helping fast growing Indian businesses to cater to customers in as many as 190 markets with their latest launch – Global Xpansion Program (GXP). This program has been…
• Festival demand set to boost economy: RBI
  17 Sep 2022,retail.economictimes.indiatimes.com
  It also said inflation remains elevated and above the tolerance level, underscoring the need for monetary policy to keep second order effects contained and inflation expectations firmly anchored. This indicates that the central bank may raise interest rates in the monetary policy review at the end of the month…
• Ease of doing business: ‘Small company’ limits relaxed further
  17 Sep 2022,retail.economictimes.indiatimes.com
  Small companies are not required to include cash flow statements in their financial reports, need hold only two board meetings a year as opposed to at least four for others, and do not have to rotate auditors every five years…
• MSMEs are the growth engine of India, contribute 30% to the GDP
  17 Sep 2022,livemint.com
  The Hon’ble Minister for MSME, Government of India, Shri Narayan Tatu Rane, spoke at the Maharashtra MSME Conference hosted by ASSOCHAM today…
• UK retailer John Lewis says inflation deepens losses
  17 Sep 2022,retail.economictimes.indiatimes.com
  JLP, which runs John Lewis department stores and Waitrose supermarkets, posted a net loss of £79 million ($91 million) in the first half of the year…
• ‘Made in India’ chips to drastically reduce prices of products, including laptops: Anil Agarwal
  17 Sep 2022,retail.economictimes.indiatimes.com
  “Today, a laptop costs around Rs 1 lakh, and once the glass as well as the semiconductor chip is available, the same can be priced at Rs 40,000 or less,” he told a leading news channel…
• AKAI India partners with Reliance Retail to reach 540 stores across India
  17 Sep 2022,retail.economictimes.indiatimes.com
  This association will help the consumer electronics company’s products to be placed in over 540 stores across India and penetrate the growing home entertainment products market…
• 22% retail space vacant in Hyderabad
  17 Sep 2022,thehansindia.com
  Hyderabad: Hyderabad has 7.2 million sft of gross leasable area (GLA) of shopping mall stock as of January-June (H1) 2022, international property consultant Knight Frank India said in its latest report…
• Indians still prefer brick-and-mortar stores over online for wedding jewellery
  17 Sep 2022,theprint.in
  Mumbai (Maharashtra) [India], September 16 (ANI): Amid the online and digital consumption rise in the post-pandemic era, buying wedding ornaments in India continues to be in physical mode…
• Future Of Retail: A Report By Deloitte And Mapic India
  17 Sep 2022,businessworld.in
  In the past two years, the entire retail dynamics altered significantly due to the pandemic-related disruptions…
• India has a unique role to play in global economy: Walmart
  17 Sep 2022,thehindu.com
  India, with its deep pool of talent, proven ability to leapfrog existing digital technologies and extensive manufacturing expertise, has a unique role to play in the global economy, said Judith McKenna, President and CEO of Walmart International…
• Nykaa E-Retail leases over 55,000 sq ft office space in Mumbai’s Lower Parel
  17 Sep 2022,realty.economictimes.indiatimes.com
  The company, listed on stock exchanges as FSN E-Commerce Ventures, will be paying rentals of Rs 69 lakh per month, taking its total payout to Rs 41.40 crore excluding the rental escalation. The agreement includes a clause to escalate lease rentals by 15% after the first 36 months…
• Ecomm sales have picked up since August: Flipkart group CEO Kalyan Krishnamurthy
  16 Sep 2022,retail.economictimes.indiatimes.com
  The Big Billion Days sale, a property it launched in 2014, and Amazon’s Great Indian Festival Sale both begin on the same day, a tradition which has been followed by the two ecommerce majors over the past several years. The month-long sale has sparked many battles between the two companies as they fight to lure Indian consumers to buy online…
• Tata 1mg FY22 revenue up 66% to ₹222 crore, net loss narrows. Details here
  16 Sep 2022,livemint.com
  The revenue of Tata 1mg, Tata group-owned online pharmacy, rose 65.7 per cent to ₹222.10 crore in financial year ’22, while its net loss has narrowed…
• Myntra goes big on D2C, international brands to push festive sales
  16 Sep 2022,retail.economictimes.indiatimes.com
  The fashion marketplace said it would go live with its ‘Big Fashion Festival’ sale on September 23, aligning it with parent Flipkart’s Big Billion Days and Amazon India’s Great Indian Festival Sale, which begins the same day…
• Paytm to partner Flipkart for The Big Billion Days 2022
  16 Sep 2022,retail.economictimes.indiatimes.com
  During The Big Billion Days, customers shopping on Flipkart will receive a ₹25 instant cashback on purchase of ₹250 and above on paying via Paytm UPI…
• Ecom Express doubles parcel processing capacity to 6 million per day
  16 Sep 2022,retail.economictimes.indiatimes.com
  “We are seeing tremendous growth in tier III and beyond markets and these have been at the forefront of e-commerce growth. In the past two years, we have witnessed the demand almost double with 80 per cent of our deliveries happening in tier III and beyond…
• India’s food production industry worth over $400 billion, but food processing significantly low-BCG FICCI Report
  16 Sep 2022,retail.economictimes.indiatimes.com
  The total agriculture and food related exports from India were valued at nearly $50 billion in FY22. Some of the key challenges contributing to this trend include low-cost competitiveness, product quality concerns, limited brand strength…
• What explains the great Indian brand rush?
  16 Sep 2022,business-standard.com
  Several new-age startups in the D2C space in India are increasingly being gobbled up by bigger FMCG companies. A rush for brand acquisitions is on. Watch our next report to know more…
• Zara owner Inditex plans autumn price hikes as profit surges
  16 Sep 2022,retail.economictimes.indiatimes.com
  Following spring and summer price rises, the company will raise prices again in the second half of the year, CFO Ignacio Fernandez said, as Inditex reported a 41% jump in profit for the six months to July and sales which rose by around a quarter…
• H&M sales miss as retailer struggles to compete with Zara
  16 Sep 2022,retail.economictimes.indiatimes.com
  Third-quarter net sales at the Swedish group were up 3% from a year earlier at 57.5 billion crowns ($5.4 billion), short of the 5% which analysts polled by Refinitiv had forecast for the June-August quarter…
• Local retailers hit as malls reserve space for global brands
  16 Sep 2022,economictimes.indiatimes.com
  Mall operators are not allowing existing retailers to expand and holding space for global brands who have already announced or in the process of announcing their entry to India…
• Tesco expands operations in India; plans to hire 1,000 people
  16 Sep 2022,financialexpress.com
  Tesco’s India operations mainly contribute to the company’s technology capabilities although it has a retail presence through a joint venture with the Tata Group where it trades as Star Bazaar…
• Neeraj Dewan on top Diwali trades & best Adani stock to bet on
  16 Sep 2022,economictimes.indiatimes.com
  What is the trade which could be called a Diwali and a Dusshera trade? Which is that category or business that could surprise us?…
• Is Omnichannel Customer Engagement the Future of Retail
  16 Sep 2022,indianretailer.com
  Omnichannel engagement is the future of retail. It will improve the overall reach of retailers across different platforms (both online and traditional retailers)…
• Adani Wilmar eyes acquisitions to push food business
  15 Sep 2022,retail.economictimes.indiatimes.com
  “We are looking at acquiring brands in staple foods and distribution companies to boost our consumer goods offering and reach,” Angshu Mallick…
• Future Enterprises Q4 net loss widens to Rs 2,296 crore, revenue dips 13%
  15 Sep 2022,retail.economictimes.indiatimes.com
  Its revenue from operations during the quarter under review was down 13.15 per cent to Rs 473.83 crore. It was at Rs 545.63 crore in the March quarter of FY21…
• Kellogg India FY22 revenue from operations up 14% to Rs 1,332 cr
  15 Sep 2022,retail.economictimes.indiatimes.com
  The company sells products such as cornflakes, Chocos, energy bars muesli, oats, granola, Froot Loops and upma in the Indian markets…
• Myntra expands assortment to include Macy’s private brands in India
  15 Sep 2022,retail.economictimes.indiatimes.com
  Myntra said to provide over 600 product options from Macy’s including Alfani, Karen Scott, Jenni, Club Room Mens, First Impressions, Epic Threads, and Ideology, among others as part of the launch…
• Return to Origin can increase this festive season as 7 in every 10 people gear up to shop online
  15 Sep 2022,retail.economictimes.indiatimes.com
  The festive season is just around the corner and slated to be one of the biggest since the pre-pandemic period in 2019…
• `Sustainability not a buzzword; What’s good for India is good for Tata Group’: N Chandrasekaran
  15 Sep 2022,retail.economictimes.indiatimes.com
  Sustainability is not a buzzword. Whatever net zero target organizations set for themselves will get advanced because of social pressure, Tata Group chairman N Chandrasekaran…
• SUGAR Cosmetics betting big on offline expansion
  15 Sep 2022,thehindubusinessline.com
  SUGAR Cosmetics, which recently raised $50 million in Series D round led by the Asia fund of L Catterton, is ramping up its offline presence in a bid to grow faster. The said it is open to inorganic growth options and could look to go for an IPO in the next three years…
• DealShare customer base reaches 20 mn with most from tier 2 and 3 cities
  15 Sep 2022,business-standard.com
  Their aim is to expand the DealShare Dost network by 10% month on month, contributing to over 40% of the overall revenue/sales in the next four years, the statement said…
• Diaper maker Nobel Hygiene raises Rs 132 crore from Sixth Sense Ventures
  15 Sep 2022,retail.economictimes.indiatimes.com
  Sixth Sense Ventures is a domestic consumer-centric venture fund. With the current investment, Nobel Hygiene now, cumulatively, becomes Sixth Sense’s largest…
• Vedanta to set up iPhone manufacturing hub in Maharashtra: Report
  15 Sep 2022,retail.economictimes.indiatimes.com
  The race to manufacture Apple iPhones is heating up with Tata Group in talks with Taiwanese electronics giant Wistron to set up a joint venture…
• Retailers’ fascination for India continues! Williams-Sonoma is here to stay
  15 Sep 2022,apparelresources.com
  The US home furnishing bigwig Williams-Sonoma is the latest to have some big plans for India. With an annual revenue of US $ 8 billion, the premier specialty retailer is growing very fast and India seems to be on its top priority…
• Qaadu shared robust expansion plans; strengthens presence across 200+ stores in India and UAE
  15 Sep 2022,business-standard.com
  New Delhi [India], September 14 (ANI/SRV): Qaadu, a premium brand specializing in plant-based cruelty-free beauty and wellness products, has picked up the pace and forayed onto the shelves of popular pharmacies, hypermarkets and malls. This is in addition to its strong presence across several standard eCommerce platforms…
• Women entrepreneurs who are an inspiration to budding talent
  15 Sep 2022,timesnownews.com
  Here’s a look at trailblazers who have taken their businesses to newer heights and are inspiring an entire generation to chase their dreams…
• Revenge buying in August pushes retail sales in double digits — all eyes on Diwali
  15 Sep 2022,cnbctv18.com
  After strong revenge shopping trends seen in July-August 2022, retailers are eyeing the festive season, particularly Diwali to drive sales…
• CFO explains why Raymond is extremely bullish on textile, realty & other business segments
  15 Sep 2022,cnbctv18.com
  “A very large retailer who has never looked at India, has given orders for suits to us. Maybe it is just 2%…
• Retailers report 15% growth in sales in August
  14 Sep 2022,retail.economictimes.indiatimes.com
  In August 2022, the growth in sales compared to pre-pandemic time (August 2019) is noticeable across regions too with sales in East India growing to 19%, South India…
• Amazon India wholesale unit revenue jumps 26%, losses widen
  14 Sep 2022,retail.economictimes.indiatimes.com
  US etailer’s food retail unit Amazon Retail India reported a 7% growth in revenue at Rs 1,710 crore in FY22…
• Kellogg India net profit up 43% in FY22
  14 Sep 2022,livemint.com
  NEW DELHI : Breakfast cereal maker Kellogg India Private Limited, which manufactures and markets…
• Bacardi announces Vinay Golikeri as Managing Director, India & neighboring countries
  14 Sep 2022,retail.economictimes.indiatimes.com
  “India is a dynamic and fast-evolving market, and is vital to our global growth,” said Vijay Subramaniam…
• Brick and mortar food retailers to post 20% revenue growth in FY23: CRISIL
  14 Sep 2022,retail.economictimes.indiatimes.com
  Brick and mortar food and grocery (F&G) retailers will post about 20% revenue growth this fiscal…
• Amazon, Flipkart to begin festive season sale from September 23
  14 Sep 2022,retail.economictimes.indiatimes.com
  Amazon will give 24 hours early access to its Prime Members before opening sale for everyone on September 23…
• View: India’s consumer market, a $1 trillion investment opportunity
  14 Sep 2022,retail.economictimes.indiatimes.com
  Domestic consumption is making a strong comeback, traditionally one of the main drivers of India’s economic growth. This is great news for businesses of all sizes…
• In top 8 cities 16 new shopping malls start operations since 2020: Report
  14 Sep 2022,financialexpress.com
  Property consultant Knight Frank India on Tuesday released its report ‘Think India, Think Retail 2022 – Reinventing Indian Shopping Malls’ in a webinar…
• Retail sales in shopping malls to grow 29% annually to reach $39 billion by FY28: Report
  14 Sep 2022,retail.economictimes.indiatimes.com
  “The organised retail sales volume in the top 8 Indian cities is estimated to grow at a CAGR of 17 per cent from USD 52 billion in FY 2022 to USD 136 billion by FY 2028,”…
• Size of Indian dairy market to jump over 2-fold to Rs 30 lakh cr by 2027: NDDB
  14 Sep 2022,retail.economictimes.indiatimes.com
  R S Sodhi, managing director of Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the Amul brand, had on Monday said India’s milk production is expected to jump three-fold to 628 million tonnes in the next 25 years…
• Belora Cosmetics plans to become Rs 500 crore brand in next 3-4 years
  14 Sep 2022,retail.economictimes.indiatimes.com
  The brand is currently present in 100 store-in-stores and plans to open another 100 store-in-stores over the next two months. And it also looks to expand this count to around 500 over the next year…
• The Moms Co eyes 25,000 stores, international market presence by year-end, says Malika Sadani
  14 Sep 2022,financialexpress.com
  “Currently, we are available across all major e-commerce platforms and have an offline presence across 20,000 pin codes in 5,000 retail outlets, serving 2 million+ customers. By the end of this year, we aim to expand our presence to 25,000 stores and international markets…
• Realty developers continue to expand malls’ portfolio on robust demand
  14 Sep 2022,retail.economictimes.indiatimes.com
  “The retail real estate sector has reached a new level of maturity where smaller sized and lower grade developments are giving way to grade A malls. The existing grade A malls have over 95% occupancy, which is indicative of the demand for quality real estate in this segment,” said Shishir Baijal, CMD, Knight Frank India…
• About 21% shopping centres in India are ghost malls: Knight Frank
  14 Sep 2022,moneycontrol.com
  The report by Knight says rescuing these malls is imperative, given the huge amount of assets trapped within them…
• Victoria’s Secret opens its first offline store in India
  14 Sep 2022,apparelresources.com
  Victoria’s Secret has opened its first ever offline store in India. The new store featuring the brand’s newest collections, is opened in Mumbai…
• Tata Cliq to launch offline cosmetic retail chain
  14 Sep 2022,startupstorymedia.com
  Tata Cliq, a Tata Group online retail platform, proposes to launch physical stores to sell beauty products across the country as many consumers return to offline shopping, according to sources…
• Japanese retailer Uniqlo posts profit within 3 yrs of operations in India
  14 Sep 2022,business-standard.com
  Japanese apparel retailer Uniqlo’s Indian unit has turned profitable within three years of its operations…
• US-based Lashkaraa enters Indian market
  14 Sep 2022,apparelresources.com
  The brand has launched its most embellished and decorative collection to date to appeal to Indian shoppers, aiming to build a strong customer base across the country as it further expands its product selection…
• ‘Shopping mall spending returning to pre-Covid levels in India’
  14 Sep 2022,telanganatoday.com
  Hyderabad: Hyderabad saw 7.2 million sqft of gross leasable area (GLA) in malls during January to June this year. This is about 7.7% of the country’s…
• Amazon India marketplace revenue up 32%, losses down 23%
  13 Sep 2022,retail.economictimes.indiatimes.com
  US etailer’s local logistics and payments units report increases in revenues and losses too…
• Marico Q2 will be much better than Q1 and things will normalise in Q3 and Q4: CEO
  13 Sep 2022,retail.economictimes.indiatimes.com
  We have been able to execute pricing action given the input costs of edible oil which came down significantly during July-August and we are seeing much better results. Similarly, foods which had high base are doing well. I would see a gradual improvement in volumes. Q2 will definitely be much better than Q1 and then in Q3 and Q4, it will get normalised…
• Tata Cliq to open offline stores to sell beauty products
  13 Sep 2022,retail.economictimes.indiatimes.com
  Rival online beauty product retailers Nykaa and NewU have already built an offline presence…
• TCPL enters health supplements segment; launches Tata GoFit
  13 Sep 2022,retail.economictimes.indiatimes.com
  “Tata GoFit is our endeavor to partner with women on their fitness journey and build a community first fitness brand,” commented Deepika Bhan, President – Packaged Foods (India), Tata Consumer Products…
• Mensa Brands acquires MyFitness, to make it Rs 1,000 cr brand
  13 Sep 2022,retail.economictimes.indiatimes.com
  MyFitness is the first to launch a chocolate variant of Peanut Butter in India and the world’s first crispy Peanut Butter. It is also the official snacking partner of IPL teams, Punjab Kings and Delhi Capitals…
• Gearing up for the festivity, Amazon India offers 50% selling fee waiver
  13 Sep 2022,retail.economictimes.indiatimes.com
  ​​Amazon India also offers various programs for local neighbourhood stores across many states of India to integrate their offline services and a chance to sell online such as through focused programs like Local Shops on Amazon…
• How can companies combat rising supply chain costs amidst inventory challenges?
  13 Sep 2022,retail.economictimes.indiatimes.com
  The pandemic highlighted risks and resiliency gaps for many companies – significant weather catastrophes, port traffic, and industrial delays were among the most frequent supply chain problems…
• Our objective is to take Indian businesses to the global markets: Pavan Ponnappa
  13 Sep 2022,retail.economictimes.indiatimes.com
  Our objective is to take Indian businesses to the global markets says Pavan Ponnappa, Head, Categories & Marketing, eBay India…
• PNG Jewellers set to revitalise its silver jewellery brand across 35 stores
  13 Sep 2022,retail.economictimes.indiatimes.com
  Silver Jewellery has come back in vogue in a big wave across the globe as well as in India. The brand will focus on showcasing bold, edgy, young and trendy designs created through leading edge…
• Retail inflation rises to 7% in August as against 6.71% in July
  13 Sep 2022,retail.economictimes.indiatimes.com
  India’s retail inflation based on consumer price index (CPI) snapped a 3-month downward trend in August and surged to 7%, data released by government showed on Monday…
• Petcare brand Wiggles plans to raise $15-20 million in funding
  13 Sep 2022,retail.economictimes.indiatimes.com
  Previously, the company has raised a total of $6.5 million in funding over 2 rounds…
• PharmEasy in talks to raise $250 million, valuation may drop by half
  13 Sep 2022,retail.economictimes.indiatimes.com
  General Atlantic, CPPIB, ADIA in talks to invest $250 million in PharmEasy…
• Venus Home appliances strengthens product portfolio, unveils electric ovens
  13 Sep 2022,retail.economictimes.indiatimes.com
  “The company introduced ‘Jiffy’ an entry level instant water heater and added a steam iron to its range…
• Why commercial realty in Gurugram may be a lucrative bet for new-age investors
  13 Sep 2022,financialexpress.com
  Commercial property investment in Gurugram has always been one of the most effective ways to diversify a portfolio and boost returns…
• Return of pricing power to keep India retail prices elevated
  13 Sep 2022,economictimes.indiatimes.com
  Indian consumers expecting retail inflation to cool in tandem with easing wholesale prices are in for disappointment…
• Bacardi appoints Vinay Golikeri as MD for India and neighbouring countries
  13 Sep 2022,livemint.com
  NEW DELHI: Bacardi Ltd., the Bermuda-based liquor firm, on Monday announced the appointment of Vinay Golikeri as managing director…
• Why warehouses are back on realtors’ radar
  13 Sep 2022,livemint.com
  Warehousing has become a hot segment, with a host of listed realty firms planning to expand into the space. Brigade Enterprises Ltd…
• Tata Group proposes to buy stake in Bisleri International
  12 Sep 2022,retail.economictimes.indiatimes.com
  It would give the Tata group a massive foothold in the packaged drinking water categories, and a ready go-to-market network across retail stores, chemist channels…
• Reliance Industries acquires Shubhalakshmi Polyesters for Rs 1,592 crore
  12 Sep 2022,retail.economictimes.indiatimes.com
  “Reliance Petroleum Retail Limited executed definitive documents to acquire polyester business of Shubhalakshmi…
• Myntra stocks up on Macy’s in India
  12 Sep 2022,livemint.com
  The launch, “only on Myntra”, is part of the retailer’s “Big Fashion Festival” special—which is set to start ahead of the festive season…
• Our biggest responsibility this festive season is to our sellers, believes Amazon’s Manish Tiwary
  12 Sep 2022,retail.economictimes.indiatimes.com
  “Our biggest responsibility this festive season is to our sellers”- Manish Tiwary, Country Manager, India Consumer Business, Amazon India…
• We’re seeing consolidation in the health & hygiene category: Sameer Satpathy
  12 Sep 2022,retail.economictimes.indiatimes.com
  At the E-commerce & Digital Natives Summit 2022, Mr Sameer Satpathy, Divisional Chief Executive, ITC says “We’re seeing consolidation in the health & hygiene category”…
• Our objective is to take Indian businesses to global markets: Pavan Ponnappa
  12 Sep 2022,retail.economictimes.indiatimes.com
  Our objective is to take Indian businesses to the global markets says Mr Pavan Ponnappa, Head, Categories & Marketing, EBay India…
• Paytm truly is an omnichannel payment company: Nakul Jain, CEO, Paytm Payments Services
  12 Sep 2022,retail.economictimes.indiatimes.com
  “Paytm truly is an omnichannel payment company” says Mr Nakul Jain, CEO, Paytm Payments Services at the E-commerce & Digital Natives Summit 2022…
• Users have become more selective towards their retail experiences- Mr Subram Natarajan, Google Cloud
  12 Sep 2022,retail.economictimes.indiatimes.com
  At the E-commerce & Digital Natives Summit 2022, Mr Subram Natarajan, Director, Customer Engineering, Google Cloud India says users have become more selective towards their retail experiences…
• Why retail inflation rate in India is soaring despite ease in wholesale price?
  12 Sep 2022,livemint.com
  Indian consumers expecting retail inflation to cool in tandem with easing wholesale prices are in for disappointment…
• We expect strong jewellery demand over the next couple of quarters: Bluestone’s Founder & CEO
  12 Sep 2022,retail.economictimes.indiatimes.com
  At the E-commerce & Digital Natives Summit 2022, Bluestone’s Founder & CEO, Gaurav Singh Kushwaha said “We expect strong jewellery demand over the next couple of quarters”…
• Online Reputation Management For Your Retail Store Is Just As Important. Here’s Why
  12 Sep 2022,retail.economictimes.indiatimes.com
  Online reputation management is a very important aspect of virtually every business,…
• Pepperfry focuses on offline presence, franchise model
  12 Sep 2022,financialexpress.com
  From a High Street business in top towns, I want to now become a neighbourhood store…
• Appliances industry expects up to 35% growth in sales during this festive season
  12 Sep 2022,retail.economictimes.indiatimes.com
  Companies such as Panasonic, LG, Sony, Samsung, Haier, Godrej Appliances, Voltas…
• ‘One Shopping Mall’ launches at Hanamkonda! by Shri Errabally Dayakar Rao garu & Tollywood diva Kajal Agarwal
  12 Sep 2022,ibgnews.com
  Hyderabad, September 2022: The latest sensational shopping experience, One Shopping Mall – an exclusive family shopping mall, offering a new experience every day; was formally inaugurated by the Chief Gues…
• Redington India to retail iPhone 14, Apple watch series 8 across locations
  12 Sep 2022,economictimes.indiatimes.com
  Supply chain solutions provider Redington India is to offer the latest Apple Inc. products – the iPhone 14 and 14 Plus – in over 4,000…
• Going forward, we will focus on rapidly growing our online presence: Noel Tata
  12 Sep 2022,thehindubusinessline.com
  Chairman of Trent Ltd shares his thoughts on the future of the company…
• Indian investors understand digital businesses better now: Zomato cofounder Mohit Gupta
  10 Sep 2022,retail.economictimes.indiatimes.com
  We understand and appreciate that restaurant partners are the largest and most important part…
• Tata Group in talks to join an elite club of iPhone makers
  10 Sep 2022,retail.economictimes.indiatimes.com
  An Indian company making iPhones would be a massive boost for the country’s effort to challenge China, whose dominance in electronics manufacturing…
• Amazon Business says it has 6.5 lakh sellers in India
  10 Sep 2022,thehindubusinessline.com
  For Amazon, Amazon Business in India is said to be the company’s second largest B2B marketplace after the US…
• Myntra stocks up on Macy’s in India
  10 Sep 2022,livemint.com
  American department store chain Macy’s, the operator of hundreds of fashion stores in the US, is set to enter India through e-commerce marketplace Myntra in the run-up to the festive season…
• The Centerpiece of E-Commerce: How Brands are Uncovering Innovation in Digital Business?
  10 Sep 2022,retail.economictimes.indiatimes.com
  A glittering panel discuss The Centerpiece of E-Commerce: How Brands are Uncovering Innovation in Digital Business?…
• UpScalio to bet on 12-15 startups every year
  10 Sep 2022,livemint.com
  UpScalio, a Thrasio-style venture that finances e-commerce brands, will back sports and fitness firms, baby and child care brands and petcare startups…
• Inflation likely rose in August, snapping 3-month downtrend: Report
  10 Sep 2022,retail.economictimes.indiatimes.com
  Food inflation, which accounts for nearly half the consumer price index (CPI) basket, is expected to have soared as prices of essential crops like wheat, rice and pulses were driven higher by a record heatwave, squeezing household budgets…
• Emami seeks for increased levels of competitiveness by remaining firmly involved in Ayurveda
  10 Sep 2022,retail.economictimes.indiatimes.com
  Goenka noted that in order to advance the business, the focus on analytics and technology in sales and distribution will be further reinforced…
• Chennai to get 7 new malls by 2025 as footfall reaches pre-pandemic levels
  10 Sep 2022,timesnownews.com
  In the past three years, no brand-new mall has opened in the city. According to real estate experts, projects for new malls in the Chennai Metropolitan Area have gained momentum due to the ease of access provided by the expansion of the metro rail network and new express motorways (CMA)…
• 12 Malls in the next three years..? Lulu’s Master Plan!
  10 Sep 2022,indiaherald.com
  Kozhikode, Tirur, Perinthalmanna, Kottayam, palakkad and Noida, Varanasi, Prayagraj, ahmedabad (in Uttar Pradesh), hyderabad, Bengaluru…
• 7heven aims to make grocery shopping smooth and comfortable in India.
  10 Sep 2022,businessoutreach.in
  Due to this, there are scattered small ration stores here and there that provide local alternate brands of lower quality and have less variety…
• How Resort Wear is Expanding its Retail Presence in India
  10 Sep 2022,indianretailer.com
  Now with domestic demand growing, this segment is set to boom with innovation, sustainability, and affordability becoming key aspects of the industry…
• Gujarat’s leading furniture brand ‘Mood of Wood’ plans to expand its retail footprint in India
  10 Sep 2022,business-standard.com
  Ahmedabad (Gujarat) [India], September 9 (ANI/PNN): Mood of Wood, a homegrown furniture brand in Gujarat, has announced aggressive growth plans to…
• Reliance Retail to invest in Big Cola, Aakash Namkeen
  9 Sep 2022,livemint.com
  NEW DELHI : After completing the acquisition of soft drink brand Campa, Reliance Retail is looking to add more fast-moving consumer goods brands to its portfolio…
• Reliance-backed Dunzo Daily’s Bengaluru operations hit as delivery staff protest
  9 Sep 2022,retail.economictimes.indiatimes.com
  Dunzo Daily, the 20-minute delivery service, was still not available in many pockets of Bengaluru as of Thursday afternoon…
• Fireside Chat on Building Consumer Business in India for next 100 Years
  9 Sep 2022,retail.economictimes.indiatimes.com
  Well, this chat was filled with a lot of fire, and insights of course on Building Consumer Business in India for the next 100 Years. Jeyandran Venugopal, Chief Product & Technology Officer, Flipkart and Dr. Anand Ramanathan, Partner- Strategic Transformation, Deloitte India light up this fireside chat…
• Wow! Momo raises Rs 125 crore from OAKS Asset Management
  9 Sep 2022,retail.economictimes.indiatimes.com
  According to the press release, the new funding is a part of a two tranche-raise and the company plans to raise another Rs 100 crore in the next quarter…
• Global ecommerce sales to drop for the first time in history: report
  9 Sep 2022,retail.economictimes.indiatimes.com
  In a first, global e-commerce revenues are forecast to shrink this year due to supply chain issues and rising inflation, and industry is expected to generate $3.74 trillion in sales this year, $95 billion less than in 2021, a report showed on Thursday…
• DealShare creates over 1000 small scale businesses in tier 2 & 3 cities across India
  9 Sep 2022,retail.economictimes.indiatimes.com
  The company said it helps optimise supply chain while improving efficiency and fostering entrepreneurship. This network model also empowers over 20,000 people with job opportunities that provide additional incomes and growth avenues…
• Udaan adds 150 FMCG brands to its platform; plans to expand its presence to 1,500 cities
  9 Sep 2022,retail.economictimes.indiatimes.com
  With the addition of these brands, the FMCG category will now have over 250 brands on the platform to serve small retailers and kirana stores across the country, the company said in a media release…
• Consumer sentiments in India dip: CMIE
  9 Sep 2022,retail.economictimes.indiatimes.com
  Even the Index of Current Economic Conditions (ICC) fell by 1.2% in August on the back of sharp dip in the propensity of the rural households to buy consumer durables. The rural ICC fell by 2.4% in August while the urban ICC moved up marginally by 0.6%…
• How are Brands ensuring Seamless Omnichannel Delight to the New-Age Consumer?
  9 Sep 2022,retail.economictimes.indiatimes.com
  Panel discussion on one of the most potent topics in the world of Retail and E-Commerce – Brands ensuring Seamless Omnichannel Delight to the New-Age Consumer..
• How New-Age brands are Setting Benchmarks in Digital Business?
  9 Sep 2022,retail.economictimes.indiatimes.com
  How New-Age brands are Setting Benchmarks in Digital Business? This panel of stalwarts answer all your queries…
• ‘Platinum jewellery sales to bounce back to pre-pandemic levels’
  9 Sep 2022,thehindubusinessline.com
  Convergence of the festive and wedding seasons likely to further drive consumer sentiment, says Vaishali Banerjee, Managing Director, PGI-India…
• Bira 91 partners with VAHDAM India to launch Chamomile Tea Lager
  9 Sep 2022,retail.economictimes.indiatimes.com
  The Chamomile Tea Lager has been brewed with a special blend of high-quality green tea, pure chamomile, and dried orange peels, which makes this beer crisp, zesty and refreshing. The beer is extremely sessionable, easy to drink and an ode to the comfort we seek in a hot cup of tea on a rainy day, or a chilled beer after a long day’s work, said a media release issued by VAHDAM India…
• Pepperfry Expands Offline Presence, Opens Largest Studio In New Delhi
  9 Sep 2022,indianretailer.com
  Pepperfry continues to reinforce its commitment towards building a robust omnichannel presence in India. The Studio footprint of Pepperfry covers 100+cities with 195+ studios across the country…
• Victoria’s Secret set to open its first physical store in India
  9 Sep 2022,cnbctv18.com
  The store will open in Mumbai’s Phoenix Palladium mall and will feature the US-based retailer’s complete range across its 3 brands – Victoria’s Secret Lingerie, PINK and Victoria’s Secret Beauty…
• Croma Expands Offline Presence, Opens Mega Electronic Store at ‘Reach 3 Roads’, Gurugram
  9 Sep 2022,indianretailer.com
  Spread across 18,000 square feet on the ground and first floor, the Croma store has been specifically positioned to ensure footfall flows in from all sides…
• Omaxe Chowk leases 11,000 sq ft retail space to jewellery giants
  9 Sep 2022,financialexpress.com
  Omaxe Chowk is bringing a wide range of jewellery solutions under one roof and endeavours to become an end-to-end jewellery marketplace…
• Etailers ask sellers to prepare for September-end big festive sales
  8 Sep 2022,retail.economictimes.indiatimes.com
  Walmart-owned Flipkart is expected to kickstart its flagship Big Billion Days on September 24 while Amazon will likely follow suit around the same time…
• Consumer durables sector revenue to rise 15-18% to cross Rs 1 lakh cr this fiscal: Report
  8 Sep 2022,retail.economictimes.indiatimes.com
  ​​​According to the report, a 10-13 per cent spike in demand/volume, which will be driven by both urban and rural segments — led mostly by the AC and refrigerator segments, though rural demand will come into play in the second half of the fiscal…
• Consistency is the key differentiator for Lenskart, says co-founder Ramneek Khurana
  8 Sep 2022,retail.economictimes.indiatimes.com
  ​​​At the E-commerce & Digital Natives Summit 2022, Ramneek Khurana, co-founder, Lenskart shares the company’s plans three years down the road…
• Curating CX that Matters: Key Initiatives to Positive Shopping Experience in the E-Commerce
  8 Sep 2022,retail.economictimes.indiatimes.com
  ​​​Panel Discussion on how to curate a positive shopping experience in e-commerce…
• Key E-commerce trends in 2022 to accelerate your business
  8 Sep 2022,retail.economictimes.indiatimes.com
  ​​​As e-commerce continues to grow at a break-neck speed, no business can afford to ignore having an online strategy to accelerate revenue. Having said that, it has now also become important for brands to put customers at the centre of all their e-commerce strategies. This is just one of the many noticeable developments happening in the commerce industry…
• Re-imagining Retail with Google Cloud
  8 Sep 2022,retail.economictimes.indiatimes.com
  Catch this intriguing session by Subram Natarajan, Director, Customer Engineering, Google Cloud India at the ETRetail.com E-commerce & Digital Natives Summit 2022…
• Brands, retailers bank on festive sales
  8 Sep 2022,livemint.com
  The industry is hoping that deep discounts during the festive season, along with new product launches, and consumers’ looking to upgrade to 5G phones, will help make up for the sales lost during the first half of the year due to supply constraints and weak demand…
• Retail tech startup Daalchini raises $4 million in funding led by Unicorn India Ventures
  8 Sep 2022,retail.economictimes.indiatimes.com
  Founded in 2017 by ex-Paytm executives Prerna Kalra and Vidya Bhushan, Daalchini sells snacks and home-style meals to through automated kiosks, mobility retails, and vending machines…
• ABFRL gets SEBI exemption in Rs 2,195 cr investment by Caladium
  8 Sep 2022,retail.economictimes.indiatimes.com
  “In this regard, we wish to inform you that SEBI vide its letter dated September 7, 2022 to the Stock Exchanges that it has granted relaxation to the Company from applicability of Rule 19(2)(b) of the SCRR for Preferential Issue of listed warrants,” it said…
• Godrej Jersey adds new product to its flavoured milk basket
  8 Sep 2022,retail.economictimes.indiatimes.com
  The South India Protein Gap study (2019) by Karvy Insights showed that only 32 per cent of adults consume milk and that its consumption reduces with increasing age, where adults desire wider options like curd or packaged milk drinks. Flavoured milk captures this need for packaged milk beverage and is a household favorite in most southern states…
• Apple retains prices on new iPhones with faster processor despite inflation
  8 Sep 2022,business-standard.com
  Apple’s latest line-up of iPhones will boast better cameras, faster processors, and a longer lasting battery at the same prices as last year’s model, despite the inflationary pressure…
• Reliance Retail buys into ‘desi’ power by acquiring local consumer brands
  8 Sep 2022,business-standard.com
  By acquiring a string of local consumer brands, the conglomerate is looking to build volumes and scale in its private label retail business…
• 1mg turns unicorn after fresh fund infusion from Tata Digital
  8 Sep 2022,retail.economictimes.indiatimes.com
  1mg has raised $41 million after which it has been valued at $1.25 billion, people briefed on the matter said. Tata Digital had acquired 1mg at a valuation of around $450 million in June last year…
• Zomato Instant in extended pilot stage, says cofounder Mohit Gupta
  8 Sep 2022,retail.economictimes.indiatimes.com
  “We understand our responsibility towards sustainability, safety, making sure the food quality is great, and also making sure we have a line of sight to profitability, as we start scaling this, which is why we are taking time in our pilot,” he told ET in an interview…
• Vivo plans to increase exclusive stores to more than 650 in India this year
  8 Sep 2022,retail.economictimes.indiatimes.com
  “The mainline retail channel has always been an essential part of our go-to-market strategy and we would continue to invest in this channel. By the end of this year, we aim to take the total number of Vivo exclusive stores to more than 650 in the country,” Vivo India Brand Strategy Head Yogendra Sriramula said in a statement…
• Amazon India launches Sortation Centre in Gujarat ahead of festive season
  8 Sep 2022,retail.economictimes.indiatimes.com
  Situated in the Bavla industrial area in Ahmedabad and spread across 1.25 lakh sq ft, this Sortation Centre will sort and connect customer packages to the delivery stations of Ahmedabad and other cities of the state…
• Paytm: 72% YoY increase in merchant payments volume to Rs 2.10 lakh crore in July-August
  8 Sep 2022,financialexpress.com
  Credit and finance for MSMEs: The company’s overall loan distribution business scaled to 6 million loans disbursed during July and August, registering a growth of 246 per cent from last year’s disbursements during the two-month period that stood at 1.7 million…
• India’s retail inflation likely rose to 6.9% in August, says Deutsche Bank
  8 Sep 2022,retail.economictimes.indiatimes.com
  While Brent crude oil prices have recorded a steep decline in recent weeks, the favourable impact will be less reflected in the CPI as fuel items account for a very small weight, Deutsche Bank said…
• Shiprocket: How India’s 20th unicorn changed its business model multiple times
  8 Sep 2022,retail.economictimes.indiatimes.com
  Saahil Goel, co-founder and CEO of Shiprocket, said there were many times during this journey when they had to stop what they were doing and start from scratch while trying to take all stakeholders, including investors, along…
• This festive season 66% consumers will shop more vs 2021, majority to shop online; here’s what they’ll buy
  8 Sep 2022,financialexpress.com
  87 per cent of consumers said that the spending capacity has either improved or remained the same compared to last year, which indicates a high propensity to spend in the upcoming festive season…
• FMCG firms bet big on bumper festive sales
  8 Sep 2022,livemint.com
  NEW DELHI : Fast moving consumer goods companies are ramping up supply chains and investing in marketing campaigns as they expect stronger sales this festival season…
• B2B food processing startup Suite42 raises $4.3 million in funding led by Omnivore, Orios
  8 Sep 2022,retail.economictimes.indiatimes.com
  Suite42 plans to use the funding for talent acquisition, developing the ‘Suite42 Standard’ in the food processing ecosystem, launching raw material financing, and piloting cross-border trade (exports)…
• Would surpass Rs 21,000 crore revenue target by 2026, says ABFRL chairman
  8 Sep 2022,retail.economictimes.indiatimes.com
  “The strong revenue recovery resulted in improved profitability over the previous year. Several initiatives encompassing cost management, supply chain optimisation and smart procurement were taken up by the business teams that contributed to the sharp improvement in profitability,” he said. ABFRL is working on strategic alliances and is building a comprehensive set of iconic brands…
• Will Reliance’s FMCG entry be another Nirma moment?
  8 Sep 2022,business-standard.com
  Reliance Industries’ entry in the FMCG sector will heat up competition in the space dominated by the likes of HUL, ITC, Nestle India and Patanjali. Will Reliance be a disruptor in this segment too?…
• Malls on the rebound
  8 Sep 2022,retail.economictimes.indiatimes.com
  For malls, the sound of rising footfalls is soul-lifting. With Covid-19 curbs ending, retail sales at malls are seen 15% above pre-pandemic levels this fiscal…
• Tata Consumer scouts for more brands
  8 Sep 2022,livemint.com
  NEW DELHI : Tata Consumer Products Ltd will keep growing its existing brands of foods and beverages as it continues to scout for acquisitions, said Ajit Krishnakumar, chief operating officer at the company…
• Sameer Khetarpal joins Jubilant FoodWorks as CEO, MD
  8 Sep 2022,retail.economictimes.indiatimes.com
  New Delhi: Jubilant Foodworks Ltd (JFL) on Monday announced that Sameer Khetarpal has joined as its chief executive officer and managing director. “Shareholders have also approved his appointment in the 27th Annual General Meeting of the Company convened on August 30, 2022,” said a statement from JFL…
• Prosus Ventures may join funding round of ex Myntra CEO’s new fashion startup
  8 Sep 2022,retail.economictimes.indiatimes.com
  Prosus Ventures, the venture investment arm of Prosus (formerly Naspers) is in advanced stages of talks to join the funding round of the new venture of former Myntra CEO Amar Nagaram, according to people briefed on the matter…
• What does India’s high retail inflation mean for consumers and corporate India
  8 Sep 2022,retail.economictimes.indiatimes.com
  India’s high retail inflation of 6% and above is likely to sustain for many more months. What does it mean for consumers and corporate India?…
• High shopper footfall across Kolkata malls raises hope of new records
  8 Sep 2022,retail.economictimes.indiatimes.com
  If footfall and sales at city malls in August and the first September weekend are any indicator, the festive season will set new benchmarks in mall retail, overtaking the previous record set in 2019 prior to the start of pandemic…
• PepsiCo bottling plant to come up in Prayagraj: UP Minister
  8 Sep 2022,retail.economictimes.indiatimes.com
  Uttar Pradesh Minister for industrial development, export promotion, NRI and investment promotion Nand Gopal Gupta ‘Nandi’ has said that Varun Beverages — the second largest bottling company of PepsiCo’s beverages in the world outside the US — will soon set up its plant in Saraswati Hi-Tech City in Naini in Prayagraj…
• From Indore a tea-focussed QSR brand goes global
  8 Sep 2022,retail.economictimes.indiatimes.com
  The company clocked Rs 10 crore in revenues last financial year, while the franchises under its ambit clocked over Rs 150 crores last fiscal…
• Tata CLiQ Luxury forays into fitness category with the launch of Workout Studio
  8 Sep 2022,retail.economictimes.indiatimes.com
  This fitness store will offer comprehensive fitness solutions ranging from equipment, gear, health and wellness, and active wear. The store aims to inspire and educate the customer on the fitness lifestyle possibilities…
• Dixon bags rights to make Google and Android TVs for other brands
  8 Sep 2022,retail.economictimes.indiatimes.com
  The rights, announced by Dixon on Monday, will enable the firm to both design and manufacture smart LED TVs for third-party brands…
• Colorbar Plans to Expand its Retail Footprint in North India
  8 Sep 2022,indianretailer.com
  The brand has recently launched two new stores in New Delhi and Gurgaon, to invite beauty and makeup enthusiasts…
• Delhi shopping malls with more space to get a facelift
  8 Sep 2022,economictimes.indiatimes.com
  Most of the shopping malls in Delhi are getting an upgrade and developing extra area to open more stores, availing benefits of the scheme launched by the Delhi Development Authority (DDA)…
• Demand more than what industry can supply: Nexus Malls CEO
  8 Sep 2022,fortuneindia.com
  Top local retailers are looking to add anywhere between 5,000 and 7,000 stores in the next 12 months…
• Demand more than what industry can supply: Nexus Malls CEO
  8 Sep 2022,fortuneindia.com
  Top local retailers are looking to add anywhere between 5,000 and 7,000 stores in the next 12 months…
• Singapore Food Festival in India is set to bring innovative culinary delights
  8 Sep 2022,connectedtoindia.com
  The second edition of the Singapore Food Festival in India is set to cook up a storm with innovative culinary delights from August 27 to September 11, 2022…
• Onam celebrations in Kerala | A throwback to the pre-pandemic times
  8 Sep 2022,thehindu.com
  Notwithstanding intermittent spells of heavy showers that somewhat dampened the mood of traders, this Onam more or less turned out to be a throwback to the pre-pandemic times when it was celebrated with boundless joy by all sections of the society…
• UNIQLO Expands Offline Presence, Opens Store in Chandigarh
  8 Sep 2022,indianretailer.com
  This new store will also serve as a hub and have access to markets of Punjab, Haryana, Himachal Pradesh, Jammu, and Kashmir…
• How cloud computing is raising capabilities for retail businesses
  8 Sep 2022,yourstory.com
  Cloud-based data analytics, AI-led solutions, personalisation are powering retailers to optimise operations and cater to customer and business needs for digital and physical formats…
• THE NEW SHOP Expands Offline Presence, Opens Store in Meerut
  8 Sep 2022,indianretailer.com
  This will be the first of its kind 24 hours open store in Meerut, providing home deliveries 24/7 within 15-30 mins…
• Retail-tech startup Daalchini raises $4 million in a round led by Unicorn India Ventures
  8 Sep 2022,businessinsider.in
  Delhi-based retail-tech startup Daalchini has raised $4 million in a series A round led by Unicorn India Ventures…
• Reliance Retail can Deliver India’s First Major Carbonates Private Label with Campa Cola Relaunch
  8 Sep 2022,businessinsider.in
  Reliance Retail Ventures, a division of Reliance Industries, has recently acquired Campa Cola, an iconic Indian carbonates brand, from Pure Drinks Group for an estimated Rs 220 million ($2.8 billion). The retailer has now relaunched Campa Cola in the cola, orange, and lemon flavors in select stores…
• Reliance in talks to buy bunch of FMCG brands
  5 Sep 2022,retail.economictimes.indiatimes.com
  According to a person close to the development, Reliance is at an “advanced stage” of negotiations with all three companies…
• Our biggest responsibility this festive season is to our sellers, says Amazon’s Manish Tiwary
  5 Sep 2022,retail.economictimes.indiatimes.com
  Highlighting the growing adoption of e-commerce in smaller towns and cities, Tiwary shared that more than 80 per cent of Amazon India’s new customers, 60 per cent of orders, and more than half of sellers come from smaller towns…
• Reliance Retail accounts for 63% of FCL’s sales
  5 Sep 2022,retail.economictimes.indiatimes.com
  Reliance Retail contributed ₹611.75 crore, said the report, adding that the failure of the ₹24,713 crore deal with Reliance Group in April this year had a significant impact on its business…
• Sweets-snacks sale may hit record: Industry expert
  5 Sep 2022,retail.economictimes.indiatimes.com
  During the Rakshabandhan festival last month, the trade of sweets and snacks witnessed a tremendous growth, Federation of Sweets and Namkeen Manufacturers director Firoz H Naqvi told PTI…
• Reliance retail arm acquires control of Insight Cosmetics
  5 Sep 2022,livemint.com
  NEW DELHI : Reliance Retail Ventures Ltd (RRVL) has bought a controlling stake in makeup and personal care brand Insight Cosmetics, said two people aware of the deal, marking the entry of the billionaire Mukesh Ambani-owned company into the cosmetic business…
• Meesho ropes in celebs to push five-day mega sale
  5 Sep 2022,retail.economictimes.indiatimes.com
  “These celebs will be seen in a brand new, quirky avatar, each of them donning the role of sellers in different categories and representing the regions they respectively belong to – building local relevance with customers across Bharat,” Meesho said…
• BigBasket co-founder Abhinay Choudhari launches tech-led laundry service
  5 Sep 2022,business-standard.com
  BigBasket co-founder Abhinay Choudhari has launched LaundryMate as his next venture aimed at solving the household laundry chore and tapping a $15 billion opportunity by 2025…
• Input cost hike pushes India Inc Q1 revenue up 39%; compresses margin by 213 basis points: Report
  5 Sep 2022,retail.economictimes.indiatimes.com
  While companies passed on higher input costs in the form of commodity and energy cost, leading to revenue growth, the same led to margin compression, rating agency Icra said in a note based on the analysis of 620 listed companies, excluding financial sector en…
• Luxury carpets brand Obeetee to expand retail footprint in metros
  5 Sep 2022,livemint.com
  The company has launched its second retail store in Delhi, has one outlet in Mumbai and intends to open one more in Hyderabad within the year…
• Be wary of Zomato, Swiggy dine-in schemes, restaurant body NRAI tells members
  5 Sep 2022,retail.economictimes.indiatimes.com
  Swiggy did not immediately respond to ET’s queries. Zomato said a a statement: “With our new dining product, now live in Hyderabad for a few weeks with great results, we are confident that we will create tremendous value and growth for the industry. We are looking forward to working with progressive restaurants who see the bigger picture…
• Meesho sets eyes on turning profitable before going public
  5 Sep 2022,livemint.com
  Meta Platforms and SoftBank-backed Meesho is working on becoming Ebitda-positive by mid-2023 before going public, founder and chief executive Vidit Aatrey said at the company’s town hall meeting…
• Laxman Narasimhan: Starbucks’ new Indian boss is a move-fast espresso drinker new to retail
  5 Sep 2022,retail.economictimes.indiatimes.com
  By the six-month mark, Narasimhan had come up with a strategy to turn around Reckitt’s performance that has prioritized growth and investment in its health, nutrition and hygiene divisions while shedding noncore brands. Disposals included the Chinese division of infant formula maker Mead Johnson, an ill-fated top of the market $17 billion takeover by predecessor CEO Rakesh Kapoor that was more expensive than all of Reckitt’s previous deals combined…
• This year will be the biggest Big Billion Days sale, expect more than 50% participation from tier 3 cities and beyond: Flipkart
  5 Sep 2022,retail.economictimes.indiatimes.com
  While interacting with media at the ETRetail.com E-commerce & Digital Natives Summit 2022 held in Bengaluru, Venugopal said that this year will be the biggest Big Billion Days sale. “Our customers look forward eagerly to our BBD sale and we start preparing for it a year in advance.”…
• RBI Governor Shaktikanta Das expects inflation to ease to 5% by April-June next year
  5 Sep 2022,retail.economictimes.indiatimes.com
  Reserve Bank of India Governor Shaktikanta Das said that the policy aim is to control inflation while minimising any impact on economic growth. Inflation has remained above RBI’s 2% to 6% tolerance band for several months, with consumer inflation at 6.71% in July…
• Sectors hit hardest by pandemic grew slower, says Nomura
  5 Sep 2022,retail.economictimes.indiatimes.com
  India’s gross domestic product (GDP) data indicated that while domestic demand improved in the June quarter, growth was much slower in the sectors hardest hit by the pandemic, signalling deeper scarring and lower trend growth, research firm Nomura said in a report…
• Ted Baker’s store revenue gains on recovering footfall, formalwear sales
  5 Sep 2022,retail.economictimes.indiatimes.com
  The fashion retailer, known for its suits, shirts and dresses with quirky details, is benefiting from a turnaround plan, while growing demand for formal wear amid a return-to-office push by companies is also aiding performance, Ted Baker said…
• Amid US retail gloom, Uniqlo shines on COVID-triggered revamp
  5 Sep 2022,retail.economictimes.indiatimes.com
  Retailers from Gap to Kohl’s are warning of slumping profit margins as inflation-wary customers hold off on buying clothing. But the flagship brand of Fast Retailing said it’s poised to book its first annual profit in North America – after 17 years of trying – aided by a revamp of its logistics and pricing strategy, introduced during the pandemic, and essentially halting discounting…
• Will Reliance Retail disrupt the FMCG market?
  5 Sep 2022,thehindubusinessline.com
  Reliance Retail’s foray into the fast-moving consumer goods (FMCG) business has the potential to disrupt the sector, opined industry experts…
• Ab Inbev expands Hoegaarden beer range
  5 Sep 2022,livemint.com
  Capitalising on the growing consumer trend for flavours and styles in the wheat beer category, AB InBev is launching two variants – Rosée and Nectarine. To begin with, these will be available in Bengaluru, Mumbai, Pune, and Thane…
• Alcoholic beverages maker Tilaknagar Industries ropes in Ahmed Rahimtoola as its chief marketing officer
  5 Sep 2022,retail.economictimes.indiatimes.com
  The appointment gains significance as TI, the country’s largest manufacturer of premium brandy, is currently in the process of re-invigorating and enriching its brandy portfolio. Recently, the company launched India’s first premium flavoured brandy under its flagship brand, Mansion House and plans to further expand its basket of premium brandy offerings across markets…
• Sanjeev Bikhchandani reappointed as non-executive director on Zomato board
  5 Sep 2022,retail.economictimes.indiatimes.com
  Zomato passed a resolution to consider and adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2022. It also considered re-appointment of Bikhchandani, who was to retire by rotation and being eligible, offered himself for reappointment…
• Korean cosmetic giant Amorepacific to buy U.S. luxury skincare brand Tata Harper
  5 Sep 2022,retail.economictimes.indiatimes.com
  Vermont-based Tata Harper, which was launched in 2010 by Tata Harper and her former husband Henry Harper, currently sells its products in 25 online stores and over 800 brick-and-mortar retailers such as Sephora, Bluemercury and Neiman Marcus…
• Brisk business in malls and markets ahead of Durga Puja
  5 Sep 2022,telegraphindia.com
  Sunday was hot and humid, and rainy in parts, but nothing deterred tens of thousands of Puja shoppers who swarmed malls and markets…
• Demand for Quality Retail Space across Prime Malls & High Streets Witnessed an Uptick in Mumbai
  5 Sep 2022,indianretailer.com
  Demand for Quality Retail Space across Prime Malls & High Streets Witnessed an Uptick in Mumbai…
• Domestic brands drive up retail space absorption in Hyderabad
  5 Sep 2022,thehindu.com
  The retail space absorption in Hyderabad stood at approximately 0.24 million sq.ft., led by domestic brands while the retail space supply in the city was at 0.37 million sq. ft. during first half of 2022. Additionally, with improving sentiments towards offline stores, space take-up increased across malls on a half-yearly basis…
• Festive season to drive consumer spending: 20% will shop more during 2022 festive season vs 2021, says Axis survey
  5 Sep 2022,financialexpress.com
  The survey revealed that 20 per cent of the consumers plan to shop more this festive season in comparison to last year while 32 per cent plan to shop the same as the previous year…
• High shopper footfall across Kolkata malls raises hope of new records
  5 Sep 2022,timesofindia.indiatimes.com
  KOLKATA: If footfall and sales at city malls in August and the first September weekend are any indicator, the festive season will set new benchmarks in mall retail, overtaking the previous record set in 2019 prior to the start of pandemic…
• Zomato’s deputy CFO Nitin Savara quits
  2 Sep 2022,retail.economictimes.indiatimes.com
  Savara joined Zomato in November last year from Ernst & Young, a multinational professional services firm, where he was a partner. During his stint at Zomato, Savara played an important role in the acquisition of quick commerce startup Blinkit for Rs 4,447 crore…
• Former Reckitt head Laxman Narasimhan is new CEO of Starbucks
  2 Sep 2022,retail.economictimes.indiatimes.com
  Narasimhan joins the growing ranks of Indian-descent CEOs heading leading US corporate giants such as Satya Nadella of Microsoft, Sundar Pichai of Alphabet, Shantanu Narayen of Adobe, Punit Renjen of Deloitte and Raj Subramaniam of FedEx. Major former Desi CEOs include Indra Nooyi of PepsiCo and Ajay Banga of Mastercard…
• Rules allow cloud kitchens to service multiple brands
  2 Sep 2022,retail.economictimes.indiatimes.com
  E-commerce platforms are obliged to display the FSSAI license and registration number of the concerned entity on their platforms, a spokesperson for FSSAI said in an emailed statement…
• Dabur’s D2C brands to cross Rs 100 crore in sales this fiscal, says CEO Mohit Malhotra
  2 Sep 2022,retail.economictimes.indiatimes.com
  “We are rolling out a series of digital-first new products this year. Our strategy is to use e-commerce as the launch platform for many new-age formats, build up scale here and then roll them out in other channels,” Malhotra said…
• Amazon introduces seller storage service to tackle supply chain woes
  2 Sep 2022,retail.economictimes.indiatimes.com
  In 2023, sellers will be able to use the new service called Amazon Warehousing & Distribution (AWD) to send their inventory to any location, including to wholesale customers or brick-and-mortar stores, the online retailer said…
• India’s manufacturing growth trends higher as input cost inflation eases
  2 Sep 2022,retail.economictimes.indiatimes.com
  Factory activity in India stayed strong in August as an improvement in demand and easing input cost inflation boosted output and buoyed business confidence. The Manufacturing Purchasing Managers’ Index compiled by S&P Global dipped slightly to 56.2 in August from 56.4 in July…
• Apparel exports rise 32% to $4.5 billion during April-June: AEPC
  2 Sep 2022,retail.economictimes.indiatimes.com
  “We have to be poised to grab the opportunity by ramping up our production capacity, getting into the MMF (man-made fibre) segment…We have to actively lower our cost of production and work on meeting the global standards…
• Lululemon lifts annual forecasts on strong demand for fresh products
  2 Sep 2022,retail.economictimes.indiatimes.com
  Higher-income consumers have largely shrugged off the impact of inflation to spend on discretionary goods including apparel and bags, buoyed by their savings during the lockdowns…
• Pernod Ricard sees good start to Q1 after results beat forecast
  2 Sep 2022,retail.economictimes.indiatimes.com
  The owner of Mumm champagne, Absolut vodka and Martell cognac said that, while the environment remained volatile with high inflation, the war in Ukraine and COVID lockdowns in China, its sales growth would remain “dynamic” and “broad-based”, with a good start to the first quarter that began in July…
• Select CITYWALK celebrates an environmentally friendly Ganesh Chaturthi; installs an eco-friendly Ganesh Idol made from repurposed diyas
  2 Sep 2022,retail.economictimes.indiatimes.com
  The owner of Mumm champagne, Absolut vodka and Martell cognac said that, while the environment remained volatile with high inflation, the war in Ukraine and COVID lockdowns in China, its sales growth would remain “dynamic” and “broad-based”, with a good start to the first quarter that began in July…
• India’s eB2B market pegged at $100 bn GMV by 2030
  2 Sep 2022,bizzbuzz.news
  The growth of the swanky, plush malls and hypermarts across many parts of the country notwithstanding, India’s retail market, by and large, is still driven by the unorganised general trade (GT) channel and it is growing continuously…
• Reliance Plans Aggressive Retail Growth in India
  2 Sep 2022,wwd.com
  NEW DELHI, India — Outlining plans for India’s biggest conglomerate Reliance Industries Ltd. — which has crossed the $100 billion mark…
• After Patanjali, Reliance Retail could be the next big disruptor in FMCG
  2 Sep 2022,business-standard.com
  Other FMCG companies will have to increase their advertising spends in segments Reliance makes a meaningful acquisition in order to stay competitive…
• ‘Cup of Life’ makes its way into Guinness Book of World Records
  1 Sep 2022,thehindu.com
  ‘Cup of Life’, a project being implemented by Hibi Eden, MP, on Wednesday entered the Guinness Book of World Records by distributing 1,00,001 free menstrual cups across 126 venues in 24 hours….
• What makes South City Mall the biggest weekend blockbuster in town?
  1 Sep 2022,telegraphindia.com
  There’s more than one reason why South City Mall is the go-to weekend destination for many south Kolkatans — be it luxury or everyday shopping, movie or date night, pubbing or pampering….
• Last-minute Christmas shopping may back be in vogue this year, says Best Buy
  1 Sep 2022,retail.economictimes.indiatimes.com
  “Our hypothesis is you are going to see a holiday that starts to look a little bit more like what we saw pre-pandemic. Maybe comes a little bit later and is probably promotional in our space,” Chief Executive Corie Barry said on an earnings call….
• Indian economy can touch $20 trillion by 2047: Bibek Debroy
  1 Sep 2022,retail.economictimes.indiatimes.com
  Releasing ‘The Competitiveness Roadmap for India@100’, Debroy also said the country’s annual per capita income will be over $10,000 if the country grows at an average economic growth rate of 7-7.5 per cent in the next 25 years….
• After fastest growth in Q1, what next for the Indian economy?
  1 Sep 2022,retail.livemint.com
  In the past three months till June 30, India’s Gross Domestic Product (GDP) was probably 15.2% higher than a year earlier, according to Reuters polls this week….
• B2B retail commerce platform Soptle raises funds led by Soonicorn LLP and a clutch of logistics leaders
  1 Sep 2022,retail.economictimes.indiatimes.com
  Launched in May 2022, by 20-year old engineering school dropout Pravas Chandragiri, Soptle is a micro SaaS-led B2B retail commerce platform that helps consumer goods companies distribute products by using its network of over 15,000 retailers across the country….
• Amazon expands network in Pune
  1 Sep 2022,retail.economictimes.indiatimes.com
  Amazon also announced that it has added a 15,000 square feet delivery centre, which, the firm added, will help in its last-mile delivery system in southern and western suburbs of the city, including Katraj, Yewalewadi, Bibwewadi, among others….
• Flipkart adds 1 lakh more kiranas to its network
  1 Sep 2022,thehindubusinessline.com
  30 percent of Flipkart’s 100 million deliveries a month are from kirana stores, says company….
• WhatsApp-JioMart to help RIL take on Amazon and Flipkart, experts say
  1 Sep 2022,business-standard.com
  Experts say the partnership will give JioMart access to over 487 million WhatsApp users in India. Experts say that the total annualised active e-commerce users in the country are only 200 million….
• Zomato to focus on food delivery, Hyperpure and quick commerce
  1 Sep 2022,retail.economictimes.indiatimes.com
  This year after reflecting on the strategic priorities as a company, given the size and scale of the platform now, Dutta said it was decided that the focus would be only on areas that have the potential to become meaningfully large businesses ten years from now….
• CCI clears Caladium’s 7.49% stake buy in Aditya Birla Fashion
  1 Sep 2022,retail.economictimes.indiatimes.com
  GIC Investor is a special purpose vehicle organised as a private limited company in Singapore that is part of a group of investment holding companies managed by GIC Special Investments Private Limited (GICSI)….
• Zomato launches next-day intercity delivery service for popular dishes
  1 Sep 2022,retail.economictimes.indiatimes.com
  “With our new launch ‘Intercity Legends’, no matter where you are, you can order and relish legendary dishes like baked rosogollas from Kolkata, biryani from Hyderabad, Mysore pak from Bengaluru, kebabs from Lucknow, butter chicken from Old Delhi, or pyaaz kachori from Jaipur,” Goyal wrote….
• Amazon India’s growth has come at a high cost while profitability remains elusive
  1 Sep 2022,retail.economictimes.indiatimes.com
  “Who can forget Jeff Bezos’ 2014 visit standing on top of a colorful lorry announcing a $2 billion investment? But nearly a decade later, Amazon India’s report card is decidedly mixed,” the report said….
• Trehan Iris lease out three lakh sq ft at Iris Broadway mall in Gurugram
  1 Sep 2022,retail.economictimes.indiatimes.com
  With this, the company has leased over 3 lakh sq ft so far. The leasing includes 2.5 lakh sq ft in retail and approximately 56,000 sq ft in its 4-star hotel….
• Sexual wellness startup MyMuse raises $1.2 million in funding led by Saama Capital
  1 Sep 2022,retail.economictimes.indiatimes.com
  MyMuse plans to use these funds to grow its team, introduce a range of innovative products, strengthen brand positioning, and expand distribution….
• Inox Leisure to add 834 screens after FY23
  1 Sep 2022,retail.economictimes.indiatimes.com
  As of June 30, 2022, Inox has 163 properties with 692 screens and a total seating capacity of 1.55 lakh. In FY22, its revenue from operations was at Rs 677.87 crore as compared to Rs 98.74 crore a year ago when the operation was heavily impacted due to the pandemic….
• Reliance’s big push to FMCG business hinges on partnering with 1 crore merchants in 5 years
  1 Sep 2022,retail.economictimes.indiatimes.com
  In a bid to help the MSME sector, Reliance Industries will expand its product and design capability while strengthening its logistics and supply-chain capabilities….
• Around 3.7 crore jewellery hallmarked during April-July: Bureau of Indian Standards
  1 Sep 2022,retail.economictimes.indiatimes.com
  The registration of jewellers was made free and valid for lifetime. Hallmark Unique Identification (HUID) based hallmarking portal was launched on July 1, 2021 wherein the entire workflow in the assaying and hallmarking centre is automated and made online. The bureau listed some important achievements since the release of mandatory hallmarking on June 16, 2021….
• India’s real GDP growth will exceed 7% growth in FY23: Finance secretary
  1 Sep 2022,business-standard.com
  The government is confident that India’s real gross domestic product (GDP) growth will exceed 7 per cent in 2022-23 (FY23), Finance Secretary T V Somanathan said on Wednesday. This will make it the world’s fastest-growing major economy….
• Emami to double rural coverage by FY24; expects robust growth from modern trade & e-commerce
  1 Sep 2022,retail.economictimes.indiatimes.com
  “In a country as vast and as populous as India, the challenge is not as much in branding and manufacturing as much as in placing the product just where the consumer needs it,” said Goenka in the company’s annual report for 2021-22….
• Havells to invest Rs 130 crore at Rajasthan unit to expand washing machine production capacity
  1 Sep 2022,retail.economictimes.indiatimes.com
  The Ghiloth plant already has the capacity to roll out 3 lakh units per annum and the company plans to add an additional capacity of 3.8 lakh units per annum….
• Udaan, Jiomart led India’s B2B e-commerce market to reach $100 bn by 2030
  1 Sep 2022,retail.economictimes.indiatimes.com
  It is further projected that the B2B general trade opportunity in India will reach $1.2 trillion by 2030, with eB2B coming up as a promising digital procurement solution, according to a report by Redseer Strategy Consultants….
• Significant reduction in debt burden to Rs 1,810 cr till March 31: Coffee Day Enterprises
  1 Sep 2022,retail.economictimes.indiatimes.com
  Following a circular from market regulator SEBI, CDEL on April 6, 2022, had made a disclosure of defaults on payments of interest and repayment of principal amount on loans from banks, financial institutions and unlisted debt securities for the March quarter….
• Reliance acquires soft drink brand Campa as part of expansion in FMCG space
  1 Sep 2022,retail.economictimes.indiatimes.com
  The deal is estimated to be around Rs 22 crore and Reliance Retail Ventures would introduce it to the general trade and local markets around Diwali, said sources close to the development…
• Reliance to enter FMCG business this year, partner 1 crore merchants in 5 years
  30 Aug 2022,retail.economictimes.indiatimes.com
  Addressing the 45th AGM of Reliance Industries on Monday, Reliance Retail Ventures Ltd (RRVL) director Isha Ambani said: “This year, we will launch our FMCG goods business”…
• J&J to stop production of baby talc in India by Q1 of 2023
  30 Aug 2022,retail.economictimes.indiatimes.com
  Johnson & Johnson, which is under scrutiny by health groups for continuing to sell its baby talc in India, said it would stop the production of the talc-based Johnson’s baby powder here by the first quarter of 2023…
• Meta, Reliance Jio allow users shop from JioMart via WhatsApp
  30 Aug 2022,retail.economictimes.indiatimes.com
  The launch is part of a strategic partnership between Meta and Jio Platforms to accelerate India’s digital transformation and provide people and businesses of all sizes opportunities to connect in new ways and fuel economic growth in the country…
• Meesho builds logistics SaaS platform to widen its network
  30 Aug 2022,retail.economictimes.indiatimes.com
  While the product is still being developed internally, this would reduce Meesho’s dependence on large third-party logistics players like Ecom Express, Xpressbees and Delhivery over a period of time…
• Inflation vs growth: India’s economy faces resilience test amid rising interest
  30 Aug 2022,livemint.com
  India’s economy probably grew at the fastest rate in a year last quarter driven by healthy consumption, but the pace of expansion is seen slowing as policymakers prioritize rising prices over growth…
• D2C brand Floryo raises $2 million in Pre-Series A funding led by 3one4 Capital
  30 Aug 2022,livemint.com
  Floryo will use the funds to expand its product line, strengthen the brand building channels and fuel its geographical expansion…
• Springfit plans to open 150-200 stores by the next year
  30 Aug 2022,retail.economictimes.indiatimes.com
  The company said it has been producing 5 lakh mattresses annually from its five manufacturing units based in Haridwar, Vadodara, Coimbatore & including 2 units in Meerut and aims to double it with its recent expansions and technology upgradation…
• The Sleep Company bets on omnichannel growth, plans to invest Rs 40-50 cr in store expansion
  30 Aug 2022,retail.economictimes.indiatimes.com
  Started as a D2C mattress brand, the company recently forayed into offline retail with an exclusive store in Bengaluru and Hyderabad. It plans to open more than 25 stores by March 2023 across top metro cities including Kerala, Chennai, Maharashtra and Gurgaon, shared Salot…
• Pushpa Bector: Mapping Mall Road, India, 2022
  30 Aug 2022,thevoiceoffashion.com
  Executive Director, DLF Retail, on Indians as community shoppers, the surge in luxury buying and why shopping at a store will never go out of fashion…
• Group Buying: A New Revolution in E-commerce Shopping for India’s Next Billion Customers
  30 Aug 2022,indianretailer.com
  Group buying is significant because it enables behaviors associated with offline commerce (sharing products or browsing a shopping mall with friends) in an online format…
• Zomato integrates grocery delivery via Blinkit on main app in pilot test
  30 Aug 2022,indianretailer.com
  Currently, those part of the pilot project can order for a minimum order value of Rs 150 via Blinkit on Zomato’s main app, while on Zomato, it remains Rs 49…
• Flipkart lines up Rs 3,600 crore for three automated fulfilment centres
  30 Aug 2022,retail.economictimes.indiatimes.com
  Talking about the up-coming festive season and Flipkart’s biggest discounting sale Big Billion Days (BBD), Badri said demand will revive and this year’s sale will be the best ever festive sale…
• Paytm appoints financial services veteran GS Sundararajan to its board
  30 Aug 2022,retail.economictimes.indiatimes.com
  Company also announced the retirement of long-time independent director, Mark Schwartz, upon completion of his tenure…
• Woodland aims Rs 1,200 crore sales in FY23, starts opening new stores
  30 Aug 2022,retail.economictimes.indiatimes.com
  Over the expansion plans, Singh said Woodland presently has a pan-India network of 550 stores, and during the pandemic closed down 50 stores which were not doing well. However, new stores are coming up, which are actually large format stores, and gradually it would come back to the original size…
• Flipkart’s social commerce arm Shopsy hits 100 mn users ahead of timeline
  30 Aug 2022,business-standard.com
  Top exec says about half of Shopsy’s customers are new to e-commerce, market is large enough to onboard another 100 million users by next year on Shopsy…
• Blackstone to raise $500 million through REIT IPO of Nexus Malls
  30 Aug 2022,retail.economictimes.indiatimes.com
  Nexus Malls operates 17 shopping centers across 13 Indian cities and has about 10 million square feet of retail space, its website shows…
• Titan’s fundamentals strong, says MD CK Venkataraman
  30 Aug 2022,retail.economictimes.indiatimes.com
  Jhunjhunwala owned Titan Company stocks worth ₹11,500 crore. On the role of inflation, Venkataraman said the customer base of Titan is the top half of income pyramid of the country, and in that segment inflation has no role to play. There has also been a negligible impact on pricing of Titan’s product, he said…
• After building scale in F&B, Tata Consumer plans to foray into wider FMCG arena: CEO
  30 Aug 2022,financialexpress.com
  TCPL is already in the midst of simplifying its organisational structure and is undergoing a restructuring of its over 43 legal entities in the international markets. The company is looking at bringing these down by about half to around 23-25, and then perhaps look at cutting the number down even further…
• With brand Saffola, Marico eyes Rs 850-1,000 cr food business by FY24
  30 Aug 2022,retail.economictimes.indiatimes.com
  “We will continue to launch a significant aggressive innovation programme under the brand Saffola in line with our aspiration to create Rs 850-1,000 crore food portfolio by FY24,” Marico Managing Director and CEO Saugata Gupta said while replying to the queries of shareholders in the AGM…
• Amazon India signs pact with Rajasthan Grameen Aajeevika Vikas Parishad
  30 Aug 2022,retail.economictimes.indiatimes.com
  As per a Memorandum of Understanding (MoU), a regional selection of products made by over 15,000 women entrepreneurs and SHGs associated with Rajeevika-RGAVP would be listed on the online marketplace, and made available to millions of Amazon India’s customers across the country, a company release said…
• India to grow at 7.4% in FY23, continue at same level next year as well: FM
  30 Aug 2022,retail.economictimes.indiatimes.com
  Union finance minister Nirmala Sitharaman on Friday said the Indian economy will grow at 7.4 per cent in this fiscal and continue at the same level in the next fiscal as well…
• Make in India: Growing focus of the sports industry for manufacturing in India and its implications on consumers
  30 Aug 2022,retail.economictimes.indiatimes.com
  The government’s primary goal in taking this action was to lessen India’s reliance on imports, improve domestic manufacturing and innovation capabilities, which would increase the creation of jobs domestically and encourage exports. This eventually led to a steady but large increase in the nation’s GDP, which has shown to be quite beneficial during a time of global crisis…
• Impresario Handmade Restaurants to invest ₹100 crore in future expansion
  30 Aug 2022,thehindubusinessline.com
  The company will be betting big on non-metro cities with a strong focus on growing the footprint of its brands Social and Smoke House Deli…
• Foodies rejoice! Kolkata restros say no to pre-Puja price hike
  30 Aug 2022,retail.economictimes.indiatimes.com
  Sudesh Poddar, president of Hotel and Restaurants Association of Eastern India and owner of three restaurants in the city, said, “The cost of raw materials is going up day by day for the past one year. Most restaurants had increased the menu rates over the past three months…
• Priyanka Chopra’s haircare brand Anomaly debuts in India on Nykaa
  30 Aug 2022,retail.economictimes.indiatimes.com
  Anomaly was founded by Chopra in partnership with global beauty incubator Maesa in 2021…
• Reliance Retail makes Rs 5,600-crore initial offer for Metro Cash & Carry India: Report
  30 Aug 2022,moneycontrol.com
  According to the report, Thailand’s largest conglomerate, Charoen Pokphand (CP) Group, has placed a bid of about Rs 8,000 crore, or $1 billion, which almost matches the German wholesaler’s expectations…
• Meta and Jio launch grocery shopping on WhatsApp in India
  30 Aug 2022,techcrunch.com
  Meta and an e-commerce venture between India’s Reliance Retail and Jio Platforms are bringing grocery shopping to WhatsApp in what they said was a global-first end-to-end shopping experience on the popular instant messaging platform…
• How Shoppers Stop Transformed Retail Amid Peak Disruption
  30 Aug 2022,bqprime.com
  Shoppers Stop was born at a unique time in Indian history—as the country was unshackling itself from the license raj in the economic liberalisation wave of 1991, which brought transformation to an aspirational nation and its citizens…
• Tales & Stories (India) looks forward to expand offline reach
  30 Aug 2022,apparelresources.com
  Artex Apparel has been one of the leaders in the kids’ fashion and denim industry for over 40 years. The company manufactures over 18 lakh+ apparels every year with a specialisation in the kids and women denims…
• Titan expects 20% growth in festive season, to open 20-30 Tanishq stores in global markets
  26 Aug 2022,retail.economictimes.indiatimes.com
  “We are also opening in some other countries of the Middle East. We are opening our first store in the US market next month and we are planning many more stores in North America in the next 2-3 years,” he said adding “We have very very big ambitions for Tanishq in the Gulf Countries and North America…
• PHDCCI urges govt to issue clarification on FDI policy in e-commerce sector
  26 Aug 2022,retail.economictimes.indiatimes.com
  ​​In a letter to Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Anurag Jain, the chamber said the loopholes in the current policy are being exploited by online retailers to carry out inventory-based e- commerce/multi-brand retail trade in the garb of running marketplace platforms…
• Shopsy hits 100 m users ahead of festival season
  26 Aug 2022,thehindubusinessline.com
  ​​Flipkart’s social commerce app Shopsy crossed over 100 million users a few weeks back, a milestone the company had earlier estimated to achieve by the end of 2022, said Adarsh Menon, Senior Vice President & Head, New Businesses (Shopsy, Cleartrip, ReCommerce) at Flipkart…
• Khadim focuses on premiumisation, aims at Rs 800 crore revenue in FY’23
  26 Aug 2022,retail.economictimes.indiatimes.com
  ​​Khadim will continue with expansion of stores, and it will add 70-80 stores to deepen its reach beyond tier II & III cities during this fiscal, company CEO Namrata Chotrani said…
• Sales of listed pvt cos rise 41% Q1: RBI data
  26 Aug 2022,retail.economictimes.indiatimes.com
  Sales of listed non-finance private companies increased by 41 per cent in the quarter ending June 2022 to Rs 14.11 lakh crore, according to Reserve Bank data released on Thursday…
• Consumer sentiments muted in August: CMIE
  26 Aug 2022,retail.economictimes.indiatimes.com
  “The ICS needs to cover lost ground in the next ten days to ensure that it does not post a contraction during August. If it fails to rally adequately, August would turn out to be the first month in 2022 to register a fall in consumer sentiments,” CMIE cautioned…
• Gem, jewellery exports down marginally at Rs 24,913 cr in July
  26 Aug 2022,retail.economictimes.indiatimes.com
  India’s gem and jewellery exports declined marginally to Rs 24,913.99 crore (USD 3,129.91 million) in July compared to the year-ago month, the Gem and Jewellery Export Promotion Council (GJEPC) said on Thursday…
• Laying eyewear optic fibre to make 400 mn specs per year: Lenskart’s Bansal
  26 Aug 2022,business-standard.com
  As part of that strategy, the SoftBank-backed firm is setting up the world’s largest eyewear manufacturing plant in Bhiwadi, a city in Rajasthan…
• Restaurants jack up prices on Swiggy, Zomato by an average 10%,citing costs
  26 Aug 2022,livemint.com
  An estimated 80% of the restaurants in the survey followed differential pricing that was higher for online orders…
• Reliance Retail FY22 net profit rises 7.6% to Rs 4,935 crore
  26 Aug 2022,retail.economictimes.indiatimes.com
  The company is the country’s largest retailer. Its net profit was nearly three times the combined profit of the nearest five listed retailers: Avenue Supermarts which owns the DMart chain, Tata-owned Trent, Shoppers Stop, Spencer’s Retail and V-Mart Retail. Revenue was more than four times the combined revenue of the rivals…
• Swiggy’s Instamart logs nine million users in 25 cities within two years
  26 Aug 2022,retail.economictimes.indiatimes.com
  Instamart aims to deliver groceries in 15-30 minutes through a network of seller-owned dark stores that emerged from the learnings of Swiggy Stores…
• ‘Unfair trade practice.’ Zomato fined Rs 10,000 for cancelling customer’s Rs 287 pizza order
  26 Aug 2022,retail.economictimes.indiatimes.com
  Zomato also has been ordered to provide one free meal to the complainant…
• Parag Milk Foods raises Rs 131 crore via preferential allotment
  26 Aug 2022,retail.economictimes.indiatimes.com
  “The current proceeds of preferential shares and warrants would be utilised to fund our long-term capital requirements and to enhance the working capital needs,” Parag Milk Foods chairman Devendra Shah said.This will aid in further strengthening the company’s balance sheet and drive the company for accelerated growth ahead, he said…
• Small towns outpace cities in demand for baby care items
  26 Aug 2022,retail.economictimes.indiatimes.com
  Kirana stores have been losing momentum as consumers shift to modern trade and online channels, which is growing between 29-60%. In comparison, the kirana channel that accounts for 37% declined 18% last year. Chemists remained the biggest channel for the category contributing 44% even as growth slowed down to just 2%…
• Bigger cart size to increase profitability for online retailers, says Unicommerce
  26 Aug 2022,retail.economictimes.indiatimes.com
  Kapil Makhija, CEO of the company said, “We have invested aggressively in Research & Development to develop tech-enabled solutions that help sellers & the platform drive efficiencies and growth.”…
• India economic indicators gave mixed signals on recovery in July
  26 Aug 2022,retail.economictimes.indiatimes.com
  The Reserve Bank of India, which has raised interest rates by a total of 140 basis points in three moves this year, has signaled future tightening would be calibrated to ensure there isn’t a massive slowdown in the economy, and sees price pressures moderating from its recent peak…
• 80% of SMEs anticipate increase in domestic order book in Q3
  26 Aug 2022,retail.economictimes.indiatimes.com
  Riding on improved confidence, small businesses participating in the survey intend to raise their capacity utilisation to 60% in Q3 of calendar year of 2022, up from 55% in Q2 2022…
• India needs to rebuild its pandemic-hit MSMEs, says former chief statistician
  26 Aug 2022,retail.economictimes.indiatimes.com
  To support MSME, he called for strengthening the architecture of India’s financial system through a greater partnership between banks and non-banking financial institutions (NBFCs)…
• World at rising risk of recession as inflation hits consumers
  26 Aug 2022,retail.economictimes.indiatimes.com
  Inflation has reached multi-decade highs in many parts of the world, forcing central banks to tighten monetary policy as their mandate is to maintain price stability…
• Consumer durable makers gear up for festive season demand amid inflation
  26 Aug 2022,livemint.com
  NEW DELHI : Makers of consumer durables are banking on a better festive season to help lift sales of premium household appliances after drawing a blank for two years…
• Men’s innerwear brand XYXX raises $11 million in funding
  26 Aug 2022,retail.economictimes.indiatimes.com
  Founded in 2017 by Yogesh Kabra, XYXX is a new-age menswear brand which produces and retails products across innerwear, comfortwear, loungewear, active wear and winter wear…
• Skincare startup Deconstruct raises $2 million in seed funding from Kalaari Capital
  26 Aug 2022,retail.economictimes.indiatimes.com
  The startup aims to utilize the funding from Kalaari Capital for research and product development, innovation and expansion, hiring and marketing initiatives…
• Fall in raw material prices to benefit Blue Star from Q3 onwards: MD
  26 Aug 2022,retail.economictimes.indiatimes.com
  “There are always raw materials and other components which have been procured yearly and those are going to run through the next couple of months. One expects that in Q3 and Q4, the margins could be better than what we delivered in Q1 or what we will deliver in Q2…
• Elista eyeing international expansion, aims to achieve Rs 500 crore revenue by 2025
  26 Aug 2022,retail.economictimes.indiatimes.com
  Elista is a part of TeknoDome Group, a global distributor for Toshiba lifestyle products. It earns 70 per cent of revenue from its range of LED Smart TVs and a major chunk from semi-automatic washing machines…
• Retailers eye 5G to boost festive demand
  26 Aug 2022,livemint.com
  NEW DELHI : Retailers are banking on 5G and 5G- enabled smartphones to stimulate demand ahead of the festive season as top brands prepare to launch models based on the technology and telcos initiate new services…
• High-value FMCG packs’ sales take off
  26 Aug 2022,retail.economictimes.indiatimes.com
  An analysis by Bizom, a platform that automates retail execution at 7.5 million kirana stores, reveals a shift in consumption towards high-value packs. The development follows signs of moderation in inflation, especially in branded commodity products…
• Biryani by Kilo clocks Rs 132 cr revenue in FY22; looking at profitability, two acquisitions this fiscal
  26 Aug 2022,retail.economictimes.indiatimes.com
  The company aims to become profitable by June – July next year with an annual run rate of Rs 500 crore, said Jindal. Talking about its plans to scale, he shared that BBK is in advanced stages of acquiring two brands. While one is a low-calorie, high protein ice cream brand, the second is a north Indian cuisine brand…
• Meesho digitises 30,000 small businesses in WB
  26 Aug 2022,retail.economictimes.indiatimes.com
  The e-commerce firm recently added Bengali, Telugu, Marathi, Tamil, Gujarati, Kannada, Malayalam and Odia to its platform with an eye on 377 million potential regional users…
• P&G Hygiene and Health Q4 profit dips 13.12 pc to Rs 42.55 cr
  26 Aug 2022,retail.economictimes.indiatimes.com
  The company, which follows July-June financial year, had reported a PAT of Rs 48.98 crore in the corresponding quarter of the previous fiscal…
• Shopping malls, physical retail locations should provide unique experience to customers for success: CBRE India
  26 Aug 2022,retail.economictimes.indiatimes.com
  The retail sector made a robust recovery in Q2 (April-June) 2022, with transaction activity growing by more than 100 per cent on a quarter-on-quarter basis…
• Trends shaping the future of the Indian beauty and personal care market
  26 Aug 2022,retail.economictimes.indiatimes.com
  The online BPC market in India expanded significantly in the last few years driven by a steep increase in e-commerce adoption. According to industry experts, e-commerce is a lucrative opportunity for brands as well as consumers. While the former can enjoy margins as high as 60-70%, the latter, especially those located in tier 2-4 cities, can easily access a wide range of BPC products offered by online retailers today…
• Price hike to limit slide in profitability of organised dairy sector: CRISIL
  26 Aug 2022,retail.economictimes.indiatimes.com
  Despite lower profitability, comfortable balance sheets and better working capital management will keep the credit profiles of players stable. A CRISIL Ratings analysis of 40 rated dairies that account for 60% of the organised segment revenue indicates as much…
• India’s Q1FY23 GDP growth expected at 15.7% with possibility of upward bias: SBI Ecowrap
  26 Aug 2022,retail.economictimes.indiatimes.com
  India’s GDP is expected to be much higher in Q1FY23 and growth is expected around 15.7 per cent with a large possibility of an upward bias because several indicators have shown good progress in the Indian economy, SBI Ecowrap report said…
• Good demand offtake for warehousing space
  26 Aug 2022,financialexpress.com
  Average rentals in Indian warehousing space in top eight cities has remained range bound in the last four years…
• Mars Wrigley India appoints Meghal Sheth as new CFO
  26 Aug 2022,financialexpress.com
  Mars Wrigley on Tuesday announced the appointment of Meghal Sheth as the chief financial officer for its India business…
• McDonald’s reshapes board as longtime member Penrose retires
  26 Aug 2022,retail.economictimes.indiatimes.com
  Billionaire Carl Icahn nominated two alternative board candidates earlier this year in an attempt to force changes at the world’s biggest burger chain over how it sources the pork used in its bacon cheeseburgers and sausage patties…
• Apple plans manufacturing iPhone 14 in India
  26 Aug 2022,retail.economictimes.indiatimes.com
  The company has been working with suppliers to ramp up production in India and shorten the lag in manufacturing new iPhones from the typical six to nine months for previous launches, the report said citing people familiar with the matter…
• Good Brands Co is the retail engine of the company and includes its D2C beauty and personal care brands – MyGlamm, St Botanica, The Moms Co, Organic Harvest, Sirona, and BabyChakra.
  23 Aug 2022,retail.economictimes.indiatimes.com
  Good Brands Co is the retail engine of the company and includes its D2C beauty and personal care brands – MyGlamm, St Botanica, The Moms Co, Organic Harvest, Sirona, and BabyChakra…
• Zomato Pro stops new sign ups, renewals as firm plans new premium plan
  23 Aug 2022,retail.economictimes.indiatimes.com
  The move comes as fine-dine restaurants are now open across the country after facing a turbulent time in the pandemic, and people now prefer going out with families for dinners…
• Adidas CEO Rorsted to stand down in 2023
  23 Aug 2022,retail.economictimes.indiatimes.com
  Current CEO Kasper Rorsted will remain in post “until a successor has been appointed” to help “ensure a smooth transition at the helm of the company”, Adidas said in a statement…
• We are trying to look at how customers are responding to the increase in prices and being cautious: Bata CFO
  23 Aug 2022,retail.economictimes.indiatimes.com
  “We have posted the highest ever sales in the last quarter and we have seen demand uptick across all our different channels. We have seen it across multiple geographies with tier two, tier three towns showing uptick. So, that is certainly a good indicator. We are also trying to look at how customers are responding to the increase in prices and being cautious. We are trying to balance both…
• FMCG volume down 0.6% during June quarter; rural recovers but urban markets fell 4.1% – Kantar
  23 Aug 2022,retail.economictimes.indiatimes.com
  A 2.8% expansion in rural areas during the quarter was offset by a slump in the cities where demand fell 4.1%, according to global consumer research firm Kantar Worldpanel (formerly IMRB). For most companies, urban areas are still the biggest market, accounting for nearly two-third of sales…
• CAIT upbeat about consumer spending this Diwali season
  23 Aug 2022,retail.economictimes.indiatimes.com
  Citing a YouGov report, CAIT has said that nearly 36 per cent of people living in the urban areas are likely to spend more during the Diwali season…
• Retailers attract shoppers with in-store experiences
  23 Aug 2022,livemint.com
  NEW DELHI : In-store experience is becoming critical to growth, considering its ability to not only boost sales, but to also increase customer engagement, according to the findings of a report by realty consultancy CBRE released on Monday…
• Addressing retail challenges with digital analytics
  23 Aug 2022,retail.economictimes.indiatimes.com
  The challenge is that the retail players need to keep pace with the fast change and invest in digital technologies like data analytics, artificial intelligence, location intelligence, Internet of Things, and so on, that guide them towards improved performance, better risk management, and in the maintenance of optimum supply inventories as per demand cycles. If the last decade was about tech intensity and tech innovation, this decade is of technology action, and those who adapt show better results…
• Are FMCG companies eyeing better margins ahead?
  23 Aug 2022,business-standard.com
  The consumer basket in India has been adversely affected due to the high food inflation and weak macro environment. However, easing commodity prices is expected to ease margin woes of FMCG companies…
• Burger Singh plans expansion in Northeast, West Bengal
  23 Aug 2022,retail.economictimes.indiatimes.com
  In West Bengal and the north-east region, the brand is looking to open 43 outlets in the next year including 34 in West Bengal, 6 in Assam, one each in Meghalaya, Mizoram and Tripura. It has entered in the north-east region with its first outlet in Guwahati, Assam…
• Burger chain Jumboking to expand in Delhi and other markets; aims to double in 2 years
  23 Aug 2022,retail.economictimes.indiatimes.com
  The company presently operates about 120 stores and a majority (85 per cent) of them are based in Mumbai, he added. Jumboking entered the Delhi market 8-9 months ago and has six stores here. It has also entered Hyderabad and has some presence in Lucknow. The company, as per its strategy, would mainly focus on Delhi and Mumbai markets…
• Gillette India profit jumps two-fold to Rs 68 crore; sales rise 27 pc to Rs 553 crore in April-June
  23 Aug 2022,retail.economictimes.indiatimes.com
  Its revenue from operations increased 26.81 per cent to Rs 552.89 crore during the quarter under review as against Rs 435.98 crore of the corresponding quarter, Gillette India said in a BSE filing…
• Indian fashion retailers pick pace in business during Q1 of FY ’23
  23 Aug 2022,apparelresources.com
  For some retailers, especially in apparel category, growth has been in double digits, mainly because of consumers shifting to lower-priced products with inflation squeezing their wallets…
• Wrfel, the largest premium modular kitchen and wardrobe brand chain in India, has launched its first studio in Dehradun’s Infinity Tower.
  23 Aug 2022,indianretailer.com
  Wurfel takes pride in launching their first retail studio in Dehradun, adding to their list of studios PAN India. Würfel, the largest premium modular kitchen and wardrobe brand chain in India, has launched its first studio in Dehradun’s Infinity Tower…
• TATA Nutrikorner Range Of Spices, Dal, Pulses, Besan, Tea & Poha. Shop Now.
  23 Aug 2022,livemint.com
  NEW DELHI : In-store experience is becoming critical to growth, considering its ability to not only boost sales, but to also increase customer engagement, according to the findings of a report by realty consultancy CBRE released on Monday…
• Blackstone in talks to buy Delhi’s Select Citywalk Mall
  22 Aug 2022,realty.economictimes.indiatimes.com
  The promoter of Select group has not added any mall to the portfolio in the 15 years of operation of Select Citywalk and with no plan for expansion, the owners want it to be part of REIT…
• Shareholders approve reappointment of Vijay Shekhar Sharma as Paytm CEO
  22 Aug 2022,retail.economictimes.indiatimes.com
  Shareholders of One97 Communications, which operates under the Paytm brand, have approved the reappointment of Vijay Shekhar Sharma as the managing director (MD) and chief executive officer (CEO) of the company, according to the scrutinizer report filed by the firm on Sunday…
• Ikea to open small city outlets along with mega formats in India supported by online channel
  22 Aug 2022,retail.economictimes.indiatimes.com
  The company, which had in 2013 received government approval for its Rs 10,500 crore investment for opening stores in India, had envisaged setting up 10 furnishing and home-ware stores as well as allied infrastructure in over 10 years in India. Subsequently, it planned to open 15 more stores…
• New foreign trade policy may help reduce compliance burden on small exporters: Report
  22 Aug 2022,financialexpress.com
  Trade, import, export for MSMEs: The policy may also look at the right categorisation of products grouped as “others” currently, as this causes misclassification and tax evasion that contributes to the growing trade deficit…
• Festive Season: Demand up for supply chain, delivery, logistics talent; bonuses delivered
  22 Aug 2022,financialexpress.com
  “We are noticing a new trend this year where companies are offering joining and retention bonuses for roles of in-shop demonstrators, operations and supply chain,” said Aditya Misra, chief executive, CIEL HR. “These incentives are not statutory payments and are aimed at attracting and retaining employees until the end of the contract so that continuity is maximised…
• Moonlighting by employees is cheating: Wipro’s Rishad Premji
  22 Aug 2022,retail.economictimes.indiatimes.com
  Premji’s comments come at a time when moonlighting has seen mass adoption owing to the work-from-home (WFH) culture brought about by Covid-19. Recently, Swiggy introduced a moonlighting policy for its riders…
• Theobroma to focus on offline expansion
  22 Aug 2022,retail.economictimes.indiatimes.com
  The ICICI Venture-backed chain, which has offline stores across five cities, delivery-only ‘cloud’ outlets and its own online brand store, is expanding its offline footprint rapidly, Gour said…
• FMCG companies could see margin recovery in second half of FY23: report
  22 Aug 2022,livemint.com
  New Delhi: Makers of fast moving consumer goods (FMCG) could see recovery in the second half of the current financial year (2HFY23) as input cost pressures ease and rural demand makes a comeback, analysts at Jefferies said in a note…
• Hospitality, retail sector hiring on the rise
  22 Aug 2022,economictimes.indiatimes.com
  Hiring for customer-facing roles in sales and commercial operations as well as other divisions is gaining momentum across hospitality and retail sectors on the back of rising demand and bullish outlook for the upcoming festive season…
• Indian Terrain eyes doubling exclusive stores
  22 Aug 2022,thehindu.com
  Chennai-based men’s and boy’s wear clothing firm, Indian Terrain Fashions Limited, (ITFL) plans to almost double the number of exclusive brand outlets (EBO) to 400 by FY25, said Charath Narsimhan, MD and CEO…
• Celio launches exclusive Batman collection in India
  22 Aug 2022,thehindu.com
  “The French menswear brand took to social media to announce the CelioXBatman collection, urging fans to ‘Get their Superhero Vibe On’,” Celio announced in a press release. “Fans can finally say “I’m Batman” and mean it, in their trendy and comfortable Batman symbol monogrammed t-shirts, hoodies and jackets. All the products of this Batman license collection have been imported from France…
• We don’t influence share price, making efforts to become profitable: Paytm CEO Vijay Shekhar Sharma
  20 Aug 2022,retail.economictimes.indiatimes.com
  “Share price movement is not influenced by us. There are several factors. Company’s profitability plays a very important factor in it. Company’s growth plays an important role in it but these two are not the only factor for share price…
• Hindustan Coca-Cola Beverages appoints Juan Pablo Rodriguez as CEO
  20 Aug 2022,retail.economictimes.indiatimes.com
  Rodriguez will take over from current Chairman and CEO Neeraj Garg, who will retire in 2022, and the transition will begin in September this year, Hindustan Coca-Cola Beverages (HCCB) said in a statement…
• India is a terrific story, helping cover up some of the shortfalls we are seeing in China: Samsonite global CEO
  20 Aug 2022,retail.economictimes.indiatimes.com
  Samsonite India sales during the calendar year was $140 million, more than double compared to 2020 when it fell to $60.5 million. However, on an annual basis, the revenues have still not reached pre-covid level of 2019 when Samsonite business was $174 million…
• Jubilant Foodworks bullish about medium-term market potential in India
  20 Aug 2022,retail.economictimes.indiatimes.com
  The company is strategically expanding the restaurant network of Domino’s. It added 230 new stores during the financial year ended on March 31, 2022. “The company increases its reach primarily by entering new cities and fortressing its existing markets,” it added…
• Sony India optimistic on audio business; expects over 20% growth for next few years
  20 Aug 2022,retail.economictimes.indiatimes.com
  Sony India had witnessed a surge in demand for both personal audio products like earphones and headphones and home entertainment devices like soundbars in the last two years when people shifted to work-from-home mode and avoided cinema halls and other places for entertainment amid the pandemic…
• Zomato-owned Blinkit to deliver printouts in 11 minutes
  20 Aug 2022,retail.economictimes.indiatimes.com
  The 10-minute delivery platform, acquired by Zomato for Rs 4,447 crore (about $568 million), and the current facility is available in some areas now…
• Q&A | We saw 130% recovery in business at portfolio level compared to 2019: Dalip Sehgal, CEO, Nexus Malls
  20 Aug 2022,financialexpress.com
  Nexus Malls, the Indian retail portfolio arm of the Blackstone Group which owns and operates 17 malls across 13 cities, says it has seen a 130% recovery in business at a portfolio-level compared to 2019…
• MC Exclusive: Lulu Group eyeing retail opportunities in Noida & Gurugram, scouting for land in Prayagraj & Varanasi
  20 Aug 2022,moneycontrol.com
  In Gurugram, the company has taken up a space in a mall for a hypermarket. “This is under construction. This should be operational in about a year-and-a-half,” Shibu Philips, Director-Shopping Malls of Lulu Group India told Moneycontrol…
• Transforming retail investing in India: Stocktwits collaborates with industry veteran Shankar Sharma
  20 Aug 2022,businessinsider.in
  Stocktwits, the original social platform for investors and traders, recently collaborated with industry veteran Shankar Sharma. Coinciding with its market launch in India, this initiative is an endeavour by Stocktwits to democratize investing knowledge and help retail investors navigate a period of uncertainty…
• Indian retail trade is hostage of global MNCs and big companies: CAIT
  20 Aug 2022,avenuemail.in
  Stocktwits, the original social platform for investors and traders, recently collaborated with industry veteran Shankar Sharma. Coinciding with its market launch in India, this initiative is an endeavour by Stocktwits to democratize investing knowledge and help retail investors navigate a period of uncertainty…
• ‘India’s Retail Inflation Is Uncomfortably And Unacceptably High’, Says RBI Guv Shaktikanta Das | Latest News
  20 Aug 2022,timesnownews.com
  Inflation In India: As per the update inflation is at its peak in India and the GST prices have also been revised and raised in the past few weeks. Now, Reserve Bank Of India Governor Shaktikanta Das has said that “India’s retail inflation is unacceptably and uncomfortably high. Our monetary and liquidity actions have been designed to maintain ongoing macroeconomic and financial stability that could lay the groundwork for a strong growth trajectory over the medium term…
• REITs: A way to invest in real estate ‘without’ buying a property
  20 Aug 2022,timesofindia.indiatimes.com
  In India, real estate investment has traditionally meant purchasing physical property, most commonly residential property. Another option to enter this sector is through investing in commercial real estate such as office buildings, shopping malls, and retail outlets…
• DT Realty: Flex space start-up IndiQube forays into Madurai, Kochi
  20 Aug 2022,dtnext.in
  NEW DELHI: IndiQube, India’s leading tech-enabled flex space start-up has expanded into Madurai, Kochi & Jaipur, further strengthening its foothold in Tier II Markets…
• Tata Consumer eyes significant profits in 3 years from food business
  19 Aug 2022,retail.economictimes.indiatimes.com
  The company that sells Tata Salt and Tetley tea bags will now pivot beyond foods and beverages in the consumer goods space, chief executive Sunil D’Souza said. Since Tata Consumer historically has the DNA of a foods company, it will build the necessary skillsets within the organisation for this diversification, he added…
• Amazon testing TikTok-style feed on its app, AI firm says
  19 Aug 2022,retail.economictimes.indiatimes.com
  The e-commerce giant has been testing a feed on its app that enables shoppers to scroll through TikTok-like photos and videos of products posted by other users…
• Inflation peaked in India in April 2022, RBI says
  19 Aug 2022,retail.economictimes.indiatimes.com
  The Reserve Bank of India in its August bulletin noted that inflation in July 2022 eased by 30 basis points from June 2022 and 60 basis points from the average of 7.3% for Q1 FY23, thereby validating its hypothesis that the retail inflation peaked in April in India…
• Nykaa launches first athleisure and lingerie store in New Delhi
  19 Aug 2022,retail.economictimes.indiatimes.com
  The store will focus on immersive, engaging, and tech-led shopping experiences, Nykaa said…
• Flipkart’s venture arm to invest in six startups
  19 Aug 2022,retail.economictimes.indiatimes.com
  Flipkart’s investment is under its Flipkart Leap Ahead programme…
• Amazon’s Sameer Mandge joins GoKwik as Director of Products
  19 Aug 2022,retail.economictimes.indiatimes.com
  E-commerce enabler GoKwik has roped in Sameer Mandge as its director of products. Mandge joins GoKwik from Amazon India…
• A global storm of stagflation
  19 Aug 2022,thehindubusinessline.com
  Inflation will linger, and the slowdown will worsen as the global economy moves in a disinflation glide path…
• Wacoal Celebrates the Biggest Night of Fashion with iconic supermodels
  19 Aug 2022,retail.economictimes.indiatimes.com
  Wacoal dropped the curtains on its first-ever star-studded lingerie fashion show in India, held at Taj Lands End on the eve of August 5th, 2022. The evening witnessed iconic supermodels ooze their charisma on the runway all over again, proving that beauty is ageless…
• Warning labels on front side of food packs a must: Experts
  19 Aug 2022,retail.economictimes.indiatimes.com
  Processed food manufacturers must be asked to print warning labels on the fronts of packets in clear, simple, interpretive terms indicating the presence of high salt, sugar or fat, CAG executive director S Saroja told a meeting here of doctors, nutritionists, activists and the food industry. This will help consumers make informed choices, she said…
• Retail businesses in India report 18% growth in July ’22
  19 Aug 2022,apparelresources.com
  The Retailers Association of India (RAI), in the 30th edition of the Retail Business Survey,has indicated that in July 2022, retail businesses across India reported a growth of 18 per cent in sales as compared to pre-pandemic level during July 2019…
• AIPL leases 3 lakh sq ft at Gurgaon project
  19 Aug 2022,economictimes.indiatimes.com
  Realty firm AIPL has leased 3 lakh sq ft of retail space in a year at its Gurgaon project, a senior executive said…
• India’s first ever CGI fashion model– Rajeev by LOTA
  19 Aug 2022,apparelresources.com
  The metaverse is set to revolutionise the fashion industry by providing unique digital experiences. These new, immersive, virtual environments have the potential to provide a fresh approach to staying relevant to existing customers while attracting new ones….
• Wacoal Celebrates the Biggest Night of Fashion with iconic supermodels
  19 Aug 2022,retail.economictimes.indiatimes.com
  Wacoal dropped the curtains on its first-ever star-studded lingerie fashion show in India, held at Taj Lands End on the eve of August 5th, 2022. The evening witnessed iconic supermodels ooze their charisma on the runway all over again, proving that beauty is ageless…
• Uniqlo India to Open New High Street Stores
  19 Aug 2022,rli.uk.com
  After restricting so far only to prominent malls in India, Japan’s fashion giant Uniqlo is now planning to open a high-street outlet in New Delhi and a highway store in Punjab, according to three people familiar with the plans…
• Radhakishan Damani eyes fivefold growth in a market Mukesh Ambani wants to dominate
  18 Aug 2022,retail.economictimes.indiatimes.com
  Avenue Supermarts Ltd., which currently runs the fourth-largest number of convenience stores in India, could scale up the chain known for its knockdown prices on everything from lentils to laundry powder to 1,500 supermarkets from 284…
• Shiprocket turns unicorn with $32 million funding
  18 Aug 2022,retail.economictimes.indiatimes.com
  This takes its valuation to around $1.3 billion, making it the latest entrant to the unicorn club this year. Startups valued at $1 billion or more are termed unicorns…
• Swiggy appoints Rohit Kapoor as chief executive officer for its food marketplace business
  18 Aug 2022,retail.economictimes.indiatimes.com
  “Our food marketplace has continued to evolve over the last few years and has potential to grow further under focused leadership. Rohit’s work experiences bring a unique perspective to the role,” said Sriharsha Majety, CEO, Swiggy…
• Expansion across same stores, same cities and new towns, key levers of offline growth, says Honasa Consumer CBO Zairus Master
  18 Aug 2022,retail.economictimes.indiatimes.com
  Talking about the company’s omnichannel strategy, Master said that there is a two by two matrix consisting of four boxes, which represent online marketplaces, offline multi-brand outlets, retailer’s D2C website, and exclusive brand retail stores. He added that the company aims to be present across all the channels and grow aggressively as market demand grows…
• Reliance-backed Dunzo is shifting gears as quick commerce hype settles
  18 Aug 2022,retail.economictimes.indiatimes.com
  The quick delivery startup is pushing users to opt for 60-min deliveries and grouping orders to cut delivery costs…
• Retail businesses continue to report healthy growth over pre-pandemic levels: RAI
  18 Aug 2022,retail.economictimes.indiatimes.com
  As per the latest business survey by Retailers Association of India (RAI), the East India region saw the highest year-on-year growth of 25 per cent last month, followed by the south at 21 per cent, north at 16 per cent and west at 10 per cent…
• Gold jewellery demand likely to contract in second and third quarters of FY23: Report
  18 Aug 2022,retail.economictimes.indiatimes.com
  According to the report, the exceptional third quarter performance in FY22 was due to the post-Covid reopening of the economy and the substantially high demand in the wedding and festive seasons…
• Singapore GIC’s big push to Paper Boat maker Hector
  18 Aug 2022,livemint.com
  Singapore’s sovereign fund is looking to invest $70 million in Hector Beverages, the maker of Paper Boat beverages and packaged foods…
• Chai Point opens new store in Amritsar
  18 Aug 2022,retail.economictimes.indiatimes.com
  The new store launch is in line with the company’s retail expansion strategy of opening 100 stores in the next 12-18 months…
• Walmart’s ad revenue grew 30% in June led by Flipkart and Walmart Connect
  18 Aug 2022,retail.economictimes.indiatimes.com
  The revenue of Walmart International, which includes Flipkart, rose 5.7% YoY in the June quarter to $24.4 billion…
• Smartwatch shipments surge fourfold in Q2 of 2022
  18 Aug 2022,livemint.com
  Put together, the wearables market in India saw shipments more than double, growing at a rate of 112.8% YoY, to ship over 23.8 million units in the June quarter across the three segments of devices in the category…
• Daikin India to invest Rs 500 crore to set up R&D centre in Rajasthan
  18 Aug 2022,retail.economictimes.indiatimes.com
  “The R&D centre will look at building products that not just suit Indian consumers but will also focus on creating technologies which are sustainable and environment friendly for the global consumers,” Daikin India Chairman & Managing Director K J Jawa said. The new R&D centre will start operations from 2023 onwards, the company said…
• Top retailers saved Rs 1,500 cr in rent in Covid winter
  18 Aug 2022,economictimes.indiatimes.com
  Costly real estate in India makes it important for retailers to generate high price realisation per square foot of space to maintain profitability. Shutdowns and then restricted operations of malls and high streets during the pandemic had severely affected retailers, who then sought discounts on rent to lessen the impact of business loss…
• S&N by Shantnu Nikhil’s comeback to retail will mean multiple stores across the country
  18 Aug 2022,vogue.in
  “There’s a reason Indian designers couldn’t compete in a global market before. Creativity needs to be structured and channeled mathematically.” Shantanu Mehra, 49, half of designer duo Shantnu Nikhil clarifies. Much can be talked about their maverick design risks, but today he is in the mood to discuss numbers…
• HPCL plans to launch 20 retail stores pan-India in FY23
  18 Aug 2022,thehindubusinessline.com
  State-run Hindustan Petroleum Corporation (HPCL) on Wednesday said it has entered the Delhi retail market with the launch of ‘Happy Shop’. The oil marketing company (OMC) also plans to launch 20 such retail stores across India in FY23…
• UniPin Announces Retail Distribution Launch, Reaches More Gamers Across India
  18 Aug 2022,mid-day.com
  UniPin has been known to facilitate gamers with an easier top-up experience, and now, UniPin will be available in 100,000 retail stores across India to give Indian gamers an even safer and easier gaming top-up experience…
• India’s Vast Rural Areas Plug into Digital Economy
  18 Aug 2022,voanews.com
  NEW DELHI—In the past year, there has seen a dramatic transformation in the way customers pay for their purchases in Banuri, a village in the Himachal Pradesh state of North India. Whether at a small grocery store or a street cart, instead of handing over cash, they use a simple system that involves scanning a code on a smartphone to make an online payment…
• Ingka Group to invest 900 million euros in India to open city centres at Gurugram and Noida
  17 Aug 2022,retail.economictimes.indiatimes.com
  According to a top company official, Ingka Group (which also includes IKEA Retail and Ingka Investments) on Tuesday started construction work of its first ‘Ingka Centre’ with an investment of 400 milion euros. While the Gurugram centre is slated to open in late 2025, it has yet to finalise a timeline for the opening of the Noida site as it is in the process of getting approvals…
• Future Lifestyle Fashions Q4 net loss at Rs 1,879 crore, revenue down at Rs 607 crore
  17 Aug 2022,retail.economictimes.indiatimes.com
  The company said it incurred losses primarily due to “provision for diminution of investments, doubtful provision for receivables, the lower sales volumes, finance costs and depreciation”.The exceptional items for the quarter and year ended March 2022 include provision for diminution of investments aggregating to Rs 480.64 crore…
• Diageo invests Rs 45 cr in craft & innovation hub in Goa
  17 Aug 2022,retail.economictimes.indiatimes.com
  Spread across 4 acres, the hub when fully operational, will produce 20,000 cases a month and provide employment to 250 local people, said a statement from Diageo India, which controls United Spirits Ltd…
• Why should service charges be recovered from consumers as additional levy, HC asks
  17 Aug 2022,retail.economictimes.indiatimes.com
  The high court was hearing an appeal by the Centre against a single judge’s order staying its guidelines prohibiting hotels and restaurants from levying service charges automatically on food bills…
• Beauty & personal care continue to drive India’s ecommerce growth: report
  17 Aug 2022,retail.economictimes.indiatimes.com
  The beauty and personal care category was followed by footwear, eyewear, fashion and accessories as people started stepping out more often, said the report…
• H&M returns to Alibaba’s Tmall, 16 months after Xinjiang controversy
  17 Aug 2022,retail.economictimes.indiatimes.com
  The re-opening was first noticed by Chinese netizens and confirmed by a Reuters search of the platform on Tuesday…
• WPI inflation eases to 13.93 percent in July
  17 Aug 2022,retail.economictimes.indiatimes.com
  The number comes a few days after the Reserve Bank of India (RBI) published the CPI inflation which cooled off significantly to 6.71 percent owing to easing food and oil prices…
• 80% businesses plan to implement headless architecture in next 2 years: Salesforce report
  17 Aug 2022,retail.economictimes.indiatimes.com
  Speaking on how the adoption of headless architecture is supporting growth of the retail industry, Pargaonkar said that the post-pandemic era has changed the way e-commerce works. The new and evolving consumer habits have opened the door for retailers to innovate and provided them with an opportunity to adapt and capitalise on growth without replacing existing business models, he added…
• Ted Baker expected to be acquired by US Group Authentic Brands for £211 million
  17 Aug 2022,livemint.com
  Ted Baker Plc, which is best known for its floral designs, will be sold to Authentic Brands Group Inc, the owner of Juicy Couture, in a cash deal of about £211 million ($254 million) which could secure the future of the struggling UK fashion chain, according to news agency Bloomberg…
• Furniture decor startup Sunday Design raises $1.5 million from Havells India family office, others
  17 Aug 2022,retail.economictimes.indiatimes.com
  Furniture and home décor brand Sunday Design has raised $1.5 million in funding from a clutch of family offices, including those of Havells India (QRG Investment & Holdings), SRF Ltd (Kama Group) and coal logistics firm KCT Group, among others…
• Mobile Industry, govt meeting on Wednesday on uniform device chargers
  17 Aug 2022,retail.economictimes.indiatimes.com
  The government is exploring the option of having a single charging port – USB Type-C, across all mobile devices including laptops, smartphones, feature phones, and IoT (internet of Things) devices, according to industry executives…
• Bajaj Electricals elevates Anuj Poddar to the role of Managing Director, CEO
  17 Aug 2022,retail.economictimes.indiatimes.com
  Bajaj Electricals Chairman Shekhar Bajaj said over the last few years a significant transformation journey has been embarked at Bajaj Electricals – involving many changes on the business as well as the organisational front…
• Bullish on retail, Lulu Group plans to develop more shopping malls in India
  17 Aug 2022,business-standard.com
  Shibu Philips, Director-Shopping Malls of Lulu Group India, said the Indian retail market is still “under-utilised” with the share of organised retail being still low…
• Independence Day: Celebrate the heroes of Indian retail
  17 Aug 2022,timesofindia.indiatimes.com
  Kirana stores contribute over 90% of the $600bn+ grocery market in India, with the average Indian making nearly 142 trips to the neighbourhood store annually…
• Independence Day offers boost retail sales over the weekend
  17 Aug 2022,economictimes.indiatimes.com
  The extended festive weekend saw like-to-like sales cross 2019 levels, a dozen retailers, restaurants and brands said…
• Inflationary impact on FMCG price & margin to continue in Q2, to improve from second half

  16 Aug 2022,retail.economictimes.indiatimes.com
  In the April-June quarter, listed FMCG companies including – HUL, ITC, Godrej Consumer Product, Nestle, Dabur and Britannia delivered mixed results, reporting impact on their margins and mostly, a drop in volume in some categories…

• Indian toy manufacturers scale up amid rise in demand; eyes global markets
  16 Aug 2022,retail.economictimes.indiatimes.com
  Now the ‘made-in-India’ toys have a very clear edge in the domestic markets and the manufacturers are scaling up their production capacity to meet the growing local as well as international demand. The import of toys into India has declined sharply from USD 304 million in 2018-19 to USD 36 million in 2021-22, said a data from the Ministry of Commerce & Industry…
• Decathlon aims to locally produce 85% of its products by 2026
  16 Aug 2022,retail.economictimes.indiatimes.com
  Presently, 60 per cent of the retailer’s products sold in India stores are locally made. These include a varied range of products such as textiles, bikes, hockey sticks, tents, sleeping bags, boxing gloves, cricket bats and apparel…
• Bata eyes asset-light franchise expansion
  16 Aug 2022,retail.economictimes.indiatimes.com
  The shoe major now has 1,200 owned stores compared to 320 franchise outlets mainly spread across semi-urban areas. The shoe multinational’s strategy of franchise-led expansion coincides with its plan for rural penetration…
• ‘Metro Brands on way to open about 200 stores by fiscal 2024-25’
  16 Aug 2022,livemint.com
  Metro and Mochi are very penetrated in the metros, but new malls are coming up in these cities and we see good opportunity, says Alisha Malik, president for marketing, Metro…
• Coffee Day Enterprises Q1 net loss narrows to Rs 18 crore; revenue from operations at Rs 210.5 cr
  16 Aug 2022,retail.economictimes.indiatimes.com
  Coffee Day Enterprises Ltd has reported narrowing of its consolidated net loss to Rs 18 crore for the quarter ended June 30, 2022. The company had posted a net loss of Rs 117.28 crore in the April-June period a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing on Friday night…
• Meesho targets onboarding 1.2 million sellers by fiscal end
  16 Aug 2022,financialexpress.com
  In FY21 – the latest available data – Meesho reported an operating revenue of Rs 793 crore, up over 150% from FY20’s Rs 307 crore, but at the same time its total expenses skyrocketed by 104% to Rs 1,337 crore, resulting in a loss of Rs 498 crore in the financial year…
• Hot trade: How Indian earns billions from its spices
  16 Aug 2022,financialexpress.com
  Data recently released by the government shows how India’s spice trade has boomed in the recent years, with the country exporting a whopping Rs 29,529 crore worth of spices in 2020-21…
• What Indian economy will achieve in the next five years
  16 Aug 2022,retail.economictimes.indiatimes.com
  Even as over 80% of respondents felt the country will have greater clout globally, they were less optimistic about the domestic situation, with the majority not seeing India’s social stability improving in the next five years…
• Moonlighting is the future of work; why not normalise it: Swiggy HR head
  16 Aug 2022,retail.economictimes.indiatimes.com
  The Bengaluru-based food delivery start-up has around 5,000 employees and a fleet workforce of over 300,000. According to the company, the policy is available to all full-time employees of Swiggy’s parent company Bundl Technologies, subsidiaries, affiliates, associates, and group companies…
• Noise plans to make 10 lakh smartwatches a month; to raise local production to 80 pc of sales
  16 Aug 2022,retail.economictimes.indiatimes.com
  Noise had recorded a revenue of around Rs 850 crore and plans to more than doubles its revenue to Rs 2,000 crore in the current financial year…
• Bullish on retail sector, Lulu Group plans to develop more shopping malls in India
  16 Aug 2022,retail.economictimes.indiatimes.com
  In the first phase of shopping mall business in India, Philips said the Lulu group invested about Rs 7,000 crore to develop five shopping malls, of which Bengaluru property is not owned by it. Last month, the group launched a large shopping mall, comprising 2.2 million square feet of built-up area and one million square feet of leasable area, in Lucknow, Uttar Pradesh…
• Looking at FY23 with cautious optimism, demand to recover as mobility picks up, says ABFRL Chairman Kumar Mangalam Birla
  16 Aug 2022,retail.economictimes.indiatimes.com
  For the long-term, India remains on a strong value creation path considering the underlying growth drivers like favourable demographics, increasing per capita and disposable income, and growing consumption…
• Mensa Brands bets on ethnic clusters for growth; expects $250 million revenue through ethnic wear in next 4-5 years
  16 Aug 2022,retail.economictimes.indiatimes.com
  To build a tech-driven ethnic cluster in India- led by women, the company has acquired brands such as Karagiri, Priyaasi, Ishin and Anubhutee that currently is about a $45 million digital cluster. The company expects its revenue to reach about $80 million this fiscal…
• E-commerce growth, challenges, and rural inclusion
  16 Aug 2022,financialexpress.com
  More than 4,000 active e-commerce start-ups in India are also pushing the advantages of digital commerce and driving growth at a rapid speed…
• Easing of inflation in July may not be a cause for celebration, says Nomura
  16 Aug 2022,retail.economictimes.indiatimes.com
  “Headline inflation moderates due to volatile components, but underlying inflation remains sticky at about 6%, calling for further policy tightening,” Nomura said…
• Grasim posts strong Q1 but textiles, caustic soda prices cloud outlook
  16 Aug 2022,livemint.com
  NEW DELHI : Grasim Industries Ltd, the Aditya Birla flagship company reported a better-than-expected performance for the June quarter, with its chlor-alkali and textiles businesses reporting the highest-ever quarterly earnings before interest, taxes, depreciation and amortization (Ebitda) figure…
• Bestseller India to scale ethnic wear portfolio
  16 Aug 2022,livemint.com
  NEW DELHI : The local arm of Danish fashion retailer Bestseller is set to grow its India portfolio following the acquisition of homegrown ethnic wear brand Indifusion in November 2021…
• Phoenix Mills on recovery track, expansion plans in focus
  16 Aug 2022,livemint.com
  The management of Phoenix Mills has said that it plans to venture into warehousing and residential segments. For that, it would incur a capital expenditure of ₹350 to ₹450 crore…
• Non-alcoholic beverage makers on a high as demand grows
  16 Aug 2022,financialexpress.com
  Non-alcoholic beers and cocktail mixers, which gained popularity during the days of Covid lockdown, have managed to carve out a niche space for themselves and are here to stay, show market trends…
• Elan Group buys 7.65 acre land in Gurugram from Ambience group for over Rs 200 crore
  13 Aug 2022,retail.economictimes.indiatimes.com
  The company will develop about one million square feet area on this land parcel — located at Sector 82 in Gurugram — comprising office, retail, service apartments and a hotel…
• Future Consumer Q1 net loss widens to Rs 95.14 cr, revenue down 65%
  13 Aug 2022,retail.economictimes.indiatimes.com
  The Group has debt servicing obligations aggregating to Rs 341.07 crore within the next 12 months, which comprises a Current Maturities of Long-Term debt amounting to Rs 128.21 crore and Rs 212.86 crore short-term borrowings…
• Dabur India chairman Amit Burman resigns
  13 Aug 2022,retail.economictimes.indiatimes.com
  FMCG major Dabur on Friday announced that the board has accepted the resignation of Amit Burman as the Chairman with effect from August 10, 2022. Burman will continue to serve as the non-executive director of the company…
• Zomato Hyperpure acquires Blinkit’s warehousing, ancillary services business
  13 Aug 2022,retail.economictimes.indiatimes.com
  Zomato acquired Blinkit’s ancillary service for about $8 million in cash…
• Johnson & Johnson to end global sales of talc-based baby powder
  13 Aug 2022,retail.economictimes.indiatimes.com
  The company faces about 38,000 lawsuits from consumers and their survivors claiming its talc products caused cancer due to contamination with asbestos, a known carcinogen…
• Retail inflation eases to 6.71% in July as against 7.01% in June
  13 Aug 2022,retail.economictimes.indiatimes.com
  India’s retail inflation based on consumer price index (CPI) eased to 6.71% in July, data released by the government showed on Friday…
• Meesho adds 8 new vernacular languages to tap 377 million potential user base
  13 Aug 2022,retail.economictimes.indiatimes.com
  Last year, Meesho introduced Hindi as a language option on the platform, which has seen a high adoption rate of 20% to date…
• Wake up and smell the coffee valuation: Why startups need to buckle up, hunker down
  13 Aug 2022,retail.economictimes.indiatimes.com
  Startup valuations before raising new capital from investors have fallen from the previous three months, and there is a rising trend of companies taking a down round, valuing them lower than in previous ones…
• Covid-19: Delhi markets to enforce mask mandate amid rapid surge in Covid-19 cases
  13 Aug 2022,livemint.com
  This development comes following the Delhi government reiterating that wearing masks in public places is mandatory and a fine of ₹500 will be imposed on violators…
• Grasim Q1 Results: Profit jumps 68% YoY to Rs 809 crore; revenue surges 93%
  13 Aug 2022,retail.economictimes.indiatimes.com
  Segment-wise, Grasim’s viscose (fibre and yarn) business generated a revenue of Rs 4,299.88 crore in Q1 as against Rs 2,102.76 crore in the corresponding quarter of the last financial year…
• Apparel retailers to see 21-23% revenue growth this fiscal despite inflation impacting demand
  13 Aug 2022,retail.economictimes.indiatimes.com
  Operating margin will improve 175-200 bps on-year to 7.75-8%, supported by increase in scale leading to better fixed-cost absorption, price hikes, and greater share of private labels…
• Bata India eyeing bigger footprint in global markets
  13 Aug 2022,thehindubusinessline.com
  Bata India is looking to put in place a strategy for ramping up exports both for the domestic unit as well as part of the company’s global supply chain leveraging upon the core competencies of India…
• 31 new malls coming soon in India: Set to spawn massive jobs, employment opportunities
  13 Aug 2022,zeebiz.com
  Retail markets witnessed a hold due to Covid-19 in the last two years. However, the sector is now bouncing back with strong numbers and great ROIs. The recent report by Anarock suggests that the retail industry is set to experience boom by the end of 2023 with the opening of approximately 31 malls, offering ample space for retail stores, inviting a massive footfall and generating jobs…
• Tim Hortons makes its India debut, to rival Starbucks and Costa Coffee in these malls
  13 Aug 2022,dnaindia.com
  Tim Hortons, a popular Canadian coffee joint, has officially entered the Indian market as it has its first two stores in India on the day of Raksha Bandhan…
• 75th Independence Day: Retailers look to end season sales on a high
  13 Aug 2022,business-standard.com
  As India celebrates 75 years of its independence, retailers are looking to cash in on the theme by rolling out a slew of offers – from hefty discounts to gift vouchers to cashbacks – to boost their sales…
• Aditya Birla Fashion to now own and operate Reebok stores in select markets
  13 Aug 2022,economictimes.indiatimes.com
  Last year, ABFRL signed a long-term licensing pact with Authentic Brands Group (ABG) – the owner of Reebok – for exclusive rights to distribute and sell the sports brand’s products through wholesale, e-commerce and Reebok-branded retail stores. The company said Reebok India’s operations will be transferred to it from October 1…
• Nykaa’s beauty private label CEO Reena Chhabra resigns
  12 Aug 2022,retail.economictimes.indiatimes.com
  Reena Chhabra joined Nykaa in 2016 and was instrumental in taking its private label to more households by introducing new product lines and increasing distribution…
• Bata India profit rises 72% to Rs 119.37 crore; net sales up at Rs 943 crore in April-June
  12 Aug 2022,retail.economictimes.indiatimes.com
  “A direct outcome of the continued focus on key thrust areas of franchise & MBO expansion, consumer relevant communication, portfolio casualisation and digital footprint expansion was reflected in the quarterly sales reaching a lifetime high,” Bata India said its earnings statement…
• Trent back in black with Q1 profit at Rs 115 crore; revenue jumps over three-fold to Rs 1,803 crore
  12 Aug 2022,retail.economictimes.indiatimes.com
  Its revenue from operations during the quarter under review stood at Rs 1,803.15 crore, up over three-fold from the pandemic-hit corresponding quarter a year ago…
• Page Industries Q1 net profit rises multi-fold to Rs 207 cr; revenue at Rs 1,341 cr
  12 Aug 2022,retail.economictimes.indiatimes.com
  PIL’s Managing Director V S Ganesh said, “Riding on the back of strong sales performance and robust financial planning, despite external challenges, we have successfully delivered yet another milestone performance this quarter…
• Spencer’s Retail Q1 net loss widens to Rs 33.63 crore
  12 Aug 2022,retail.economictimes.indiatimes.com
  Its revenue from operations increased 12.5 per cent to Rs 621 crore during the quarter under review against Rs 552 crore in the year-ago period…
• Own labels turn hot sellers for apparel, grocery retailers
  12 Aug 2022,retail.economictimes.indiatimes.com
  Most retailers, especially in the food and grocery segment, introduce their own cut-price versions or private labels of mass-produced products to earn higher margins but also offer consumers lower priced options…
• India’s June WPI inflation comes in at 15.18%
  12 Aug 2022,retail.economictimes.indiatimes.com
  The high rate of inflation in June, 2022 is primarily due to rise in prices of mineral oils, food articles, crude petroleum & natural gas, basic metals, chemicals & chemical products, food products etc…
• Tata Consumer Products to foray into southern markets with their spices portfolio
  12 Aug 2022,thehindubusinessline.com
  Tata Consumer Products Ltd (TCPL), which is betting big on the huge growth opportunity in the spices industry, is looking to foray into the southern markets with its customised offerings to suit the taste of the local palate…
• TagZ Foods to enter hemp based cookies, expand product portfolio and manufacturing
  12 Aug 2022,retail.economictimes.indiatimes.com
  “Hemp-based foods are on the rise globally for their health benefits, and are considered a super food too. It is heartening to see new age companies creating products that are not only better-for-you but also equally tasty…
• IMFL maker Radico Khaitan’s net falls marginally in Q1
  12 Aug 2022,retail.economictimes.indiatimes.com
  The Indian Made Foreign Liquor (IMFL) maker has reported an operational income of Rs 3,188 crore and a net profit of Rs 58.28 crore for the period ended June 30…
• Rising mortgage rates pose near-term challenges to housing demand momentum: DLF Chairman Rajiv Singh
  12 Aug 2022,financialexpress.com
  In his address to the company’s shareholders at the 57th AGM held on Wednesday, Singh said: “The residential segment exhibited a strong structural recovery over the last two years, well supported by tailwinds of the fundamental demand drivers”…
• Levi’s Opens Next-Gen Store at South City Mall
  12 Aug 2022,indianretailer.com
  Designed to offer consumers an authentic, compelling and immersive expression of Levi’s brand, Next-Gen stores bring the best of the brand to consumers with a lighter, modern, and more open take…
• Retail leasing may surpass the pre-pandemic levels soon: Aman Trehan
  12 Aug 2022,financialexpress.com
  In an exclusive interview, Aman Trehan of Trehan Iris talks about the performance of retail segment in the post-Covid world and shares his business outlook…
• Decathlon looks to further widen domestic sourcing of components
  12 Aug 2022,livemint.com
  French sports goods retailer Decathlon S.A. has decided to source 85% of its products sold across 103 stores in India from domestic suppliers by 2026, up from 60%, Deepak D’Souza, production director, Decathlon Sports India, sai…
• Go Fashion pushes for expansion, plans to open 120-130 stores every year
  12 Aug 2022,deccanherald.com
  PTI, Chennai, AUG 11 2022, 13:56 ISTUPDATED: AUG 11 2022, 14:15 IST Representative image. Credit: iStock Photo Go Fashion (India) Ltd, which owns women’s wear brand Go Colors, was pushing ahead with its plan to strengthen foot print across geograph…
• How Technology is Amplifying Footwear Biz Beyond Tier II
  12 Aug 2022,indianretailer.com
  The Indian retail sector is substantially growing in the footwear segment as technology-driven outreach programs are helping brands increase their presence in smaller towns and areas that had remained unexplored until some time ago…
• Prestige Estates’ profit jumps to Rs 205 crore in Q1 FY23
  11 Aug 2022,realty.economictimes.indiatimes.com
  The company’s total income rose 42 per cent to Rs 2,011.8 crore in the April-June quarter from Rs 1,418 crore in the corresponding period of the previous year, according to a regulatory filing…
• Omaxe posts nearly Rs 50 crore net loss in Apr-June 2022
  11 Aug 2022,retail.economictimes.indiatimes.com
  In an analyst call, Goyal said Zomato was already positive on cash flow with its adjusted EBITDA losses at Rs 150 crore and other income was Rs 170 crore in the first quarter of the ongoing fiscal.”So, in some ways, we are not losing cash in that business anymore…we got to adjusted EBITDA breakeven in the food delivery business,” he added…
• Zomato targets breakeven by Q2 FY24, lowers investment guidance to $320 million
  11 Aug 2022,retail.economictimes.indiatimes.com
  In an analyst call, Goyal said Zomato was already positive on cash flow with its adjusted EBITDA losses at Rs 150 crore and other income was Rs 170 crore in the first quarter of the ongoing fiscal.”So, in some ways, we are not losing cash in that business anymore…we got to adjusted EBITDA breakeven in the food delivery business,” he added…
• Tata Consumer Q1 profit rises 38% YoY to Rs 255 crore; revenue up 11%
  11 Aug 2022,retail.economictimes.indiatimes.com
  “We delivered double-digit revenue growth and improved profitability for the company despite a challenging macro environment and inflation impact in some of our categories,” said Sunil D’Souza, Managing Director & CEO of Tata Consumer Products…
• Go Fashion posts a net profit of Rs 24.43 crore in Q1 FY 2022-23
  11 Aug 2022,retail.economictimes.indiatimes.com
  Total revenue from operations stood at Rs 165.19 crore for Q1 FY23 as compared to Rs 30.99 crore in the same quarter last year, as per the regulatory filing…
• Liberty Shoes posts a net profit of Rs 5.47 crore in Q1 FY 2022-23
  11 Aug 2022,retail.economictimes.indiatimes.com
  Total revenue from operations stood at Rs 165.19 crore for Q1 FY23 as compared to Rs 30.99 crore in the same quarter last year, as per the regulatory filing…
• Ecom Express launches one of the largest outsourced grocery fulfilment centers in Karnataka
  11 Aug 2022,retail.economictimes.indiatimes.com
  Ecom Express Limited, technology-driven end-to-end logistics solutions provider to the e-commerce industry has setup its largest fulfilment center in Karnataka, which is also one of the largest outsourced single-brand e-grocery fulfilment centers in India…
• Khadim India Ltd records 190% growth in Retail Sales in Q1 FY23
  11 Aug 2022,business-standard.com
  Khadim India Ltd., the second largest retail footwear brand, today announced a positive quarterly performance for the quarter ended 30th June 2022…
• Apparel retailers’ revenues to soar past pre-pandemic levels this fiscal: Crisil
  11 Aug 2022,livemint.com
  Strong same-store sales, new store launches and higher contribution from online channels will sew 21-23% revenue growth for apparel retailers this fiscal, Crisil said…
• Cargill fiscal 2022 revenue jumps 23% to record $165 billion
  11 Aug 2022,retail.economictimes.indiatimes.com
  The strong result was the latest for a global agricultural commodities trader after rivals Archer-Daniels-Midland Co and Bunge Ltd reported solid earnings last month amid high farm products prices and robust global demand. Both rival companies also projected strong earnings through the remainder of 2022…
• Walmart Foundation and ICRISAT announces the launch Secondary Processing Unit in Andhra Pradesh
  11 Aug 2022,retail.economictimes.indiatimes.com
  Rajneesh Kumar, Chief Corporate Affairs Officer at Flipkart, said, “Beyond Walmart Foundation’s philanthropic programs in India, Flipkart’s association with FPOs will deepen our commitment to creating shared value across our supply chain and communities…
• Trehan Iris to launch malls in Bengaluru, Gurugram, other cities
  11 Aug 2022,moneycontrol.com
  NCR-based developer Trehan Iris is looking to build a chain of malls by the name of Iris Broadway across India. The company already has one mall -Iris Broadway – up and running in Gurugram Sector 85 and the second one is coming up in Greater Noida West (Noida Extension)…
• Microsoft joins ONDC network to launch a shopping app in India
  11 Aug 2022,inventiva.co.in
  Microsoft has joined the Open Network for Digital Commerce (ONDC), an Indian government project to create a first-of-its-kind open network for digital commerce…
• India’s retail price pressures likely eased in July
  11 Aug 2022,thestar.com.my
  NEW DELHI: India’s retail inflation likely eased in July due to a fall in food and fuel prices yet stayed well above the Reserve Bank of India’s (RBI) upper tolerance limit for a seventh consecutive month, according to a Reuters poll…
• Canada’s coffee brand Tim Hortons to enter India
  11 Aug 2022,thehindubusinessline.com
  Canada’s coffee and baked goods brand Tim Hortons is set to open its first two stores in India on Thursday. Speaking to BusinessLine, Navin…
• How Bullspree Is Educating The Next Generation Of Indian Retail Investors
  11 Aug 2022,inc42.com
  According to India’s Economic Survey for 2021-22, retail investors held a 44.7% share of the equity cash segment turnover on the National Stock Exchange (NSE) between April and October 2021…
• Top companies to unleash an advertising blitz this festival season
  11 Aug 2022,economictimes.indiatimes.com
  Top companies in the automobiles, consumer electronics, FMCG and retail sectors could increase marketing and advertising spend during the upcoming festive season by 10-20% from the previous year to tap the anticipated recovery in demand, according to executives…
• Forever New goes for strong omnichannel presence in India
  11 Aug 2022,apparelresources.com
  This emerging phenomenon of digitisation, wherein the customer wants to shop at the click of a button, requires real-time check of available inventory. By bolstering its omnichannel, Forever New has been able to achieve the same which has made the process of order fulfillment easier all across the country…
• Reliance Retail, TRENDS, Announced The Launch Of Its New Store In Chandbali Town In Bhadrak District Of Odisha
  11 Aug 2022,orissadiary.com
  Bhubaneswar: India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in Chandbali town in Bhadrak district of Odisha…
• Amazon India announces diversity grant for entrepreneurs in logistics biz
  10 Aug 2022,retail.economictimes.indiatimes.com
  Under the DSP programme, Amazon assists entrepreneurs in starting delivery business by providing them with access to Amazon’s delivery technology, hands-on training and exclusively negotiated deals on services such as payroll management, insurance and recruitment technology, among others…
• Delhivery’s net loss more than doubles to Rs 399 crore in Q1 over rising freight costs
  10 Aug 2022,retail.economictimes.indiatimes.com
  Revenue from operations rose 30% to Rs 1,745 crore from the same quarter last year, but was down 16% from Rs 2,071 crore in the previous quarter…
• Taco Bell set to invest $100 million in pan-India expansion with 600 outlets
  10 Aug 2022,livemint.com
  Taco Bell’s master franchise partner, Burman Hospitality, will invest over $100 million to fast-track its pan-India expansion plans. The quick-service restaurant (QSR) chain, with a presence across 19 cities, is set to open its 100th outlet later this month and plans to increase the number to 600 in the medium term…
• Dufry’s turnover more than doubles as sales inch towards 2019 levels
  10 Aug 2022,retail.economictimes.indiatimes.com
  The company, which operates more than 2,300 shops at airports, on cruise liners, in seaports, and other tourist locations worldwide, has been benefiting from a strong rebound in travel trends, particularly in Europe and the United States, after restrictions imposed to tackle the pandemic were lifted…
• Nomura cuts India’s 2022 retail inflation forecast to 6.7%
  10 Aug 2022,retail.economictimes.indiatimes.com
  Nomura analysts, however, expect inflation to average 6.0% in 2023 as compared to 5.9% in their previous forecast…
• Gucci becomes first major brand to accept crypto coin as payment
  10 Aug 2022,retail.economictimes.indiatimes.com
  High-end Italian fashion giant Gucci has become the first major brand to start accepting payments in the form of the Bored Ape Yacht Club-affiliated ApeCoin (APE)…
• Vishal Fabrics Q1 net profit rises to Rs 19 crore
  10 Aug 2022,retail.economictimes.indiatimes.com
  Its revenue from operations was up 49.90 per cent at Rs 442.10 crore during the quarter in comparison to a lower base of the pandemic-impacted corresponding quarter…
• Bigspoon raises Rs 100 cr from IAN, NB Ventures, others

  10 Aug 2022,retail.economictimes.indiatimes.com
  With 80 kitchens spread throughout 16 states and over 35 cities, Bigspoon caters to over 1,50,000 diners every month…

• How digitization of payments can help the unorganized retail flourish
  10 Aug 2022,timesofindia.indiatimes.com
  The retail scenario in India is highly dominated by the family-run “nukkad kiranas” that have a monopoly in their areas of operation. Almost 90% of the retail sector in the country is unorganized…
• Triumph International India launches 1st exclusive retail store in Pune
  10 Aug 2022,business-standard.com
  Triumph International India, one of the world’s leading intimate apparel brands, inaugurated its first exclusive standalone retail store in Pune at Phoenix Marketcity, Viman Nagar…
• Pure Home + Living Expands Retail Presence, Opens 25th Store in Bengaluru
  10 Aug 2022,indianretailer.com
  The flagship store will also be the third store in India that will have a well-displayed furniture line by Pure Home + Living…
• Why Delivering Experiences with Retail Real Estate is the Future of Shopping Centers
  10 Aug 2022,indianretailer.com
  Starting the year on a positive note, according to real estate investment firm CBRE, leasing across India’s high streets and malls is expected to surpass pre-Covid levels this year, with the country seeing a 25 percent increase in new store openings in 2022 compared to the previous year…
• Luxury retail companies on a hiring spree to help drive expansion: Report
  10 Aug 2022,economictimes.indiatimes.com
  Luxury retail companies are looking for talent across levels to drive country expansion, omnichannel strategy and marketing, according to placement and search firms Korn Ferry and Stanton Chase…
• Reliance invests Rs 30,000 crore in retail in FY22; to accelerate store expansion, e-commerce
  9 Aug 2022,retail.economictimes.indiatimes.com
  Reliance Industries invested Rs 30,000 crore in its retail business and added 2,500 stores, taking the total storecount to 15,196 in FY22…
• Despite inflationary pressure, diamond jewellery retailers expect healthy demand this festive season
  9 Aug 2022,retail.economictimes.indiatimes.com
  “We expect a healthy growth in the upcoming festive season, as there is pent-up demand in the market,” said Ahammed MP, chairman, Malabar Gold & Diamonds…
• Healthy food options, better-for-you snacks seeing strong traction as festive gifts, say retailers
  9 Aug 2022,retail.economictimes.indiatimes.com
  Prashant Parameswaran, MD & CEO, Tata Consumer Soulfull said that the last two festive seasons were marred by COVID waves and lockdowns. However, this time the retailer expects to see a strong rebound in consumer sentiment with the full opening of markets, he added…
• Delhivery Q1 results: Net loss widens to Rs 399 cr; total income rises 32%
  9 Aug 2022,business-standard.com
  Logistics firm Delhivery on Monday reported widening of its net loss to Rs 399 crore for the quarter ending June 30, 2022. It reported net loss of Rs 130 crore in the year-ago period…
• White collar hiring stabilises with almost all sectors showing an uptick in hiring: Monster Employment Index
  9 Aug 2022,retail.economictimes.indiatimes.com
  White collar hiring across almost all sectors are showing signs of stability with even sectors like telecom and retail registering a double digit uptick in hiring. Industries such as BFSI, chemicals/ plastic/rubber, paints, fertilizer/pesticides, and office equipment/automation are also hiring, with the telecom sector in particular on an upswing on account of growing digitisation and the much anticipated rollout of 5G services…
• Titan expects growth run of Q1 to continue for rest of the year: MD
  9 Aug 2022,retail.economictimes.indiatimes.com
  “We are equally confident about the rest of the year and in fact the next few years going forward because of fundamental aspects of the Indian economy and the relentless surge that we will see towards becoming a more affluent nation. Also, the pooja season is coming into Q2 this year as opposed to being in October last year. So we expect the growth run of Q1 to continue”…
• Homegrown apparel brand Snitch bets on growing men’s fast-fashion industry, eyes a revenue of Rs 90 crore in FY23
  9 Aug 2022,retail.economictimes.indiatimes.com
  Founded in 2019, Snitch started as a B2B portal manufacturing daily menswear for retailers. The brand recorded a revenue of Rs 17 crore in its first year of operations, shared Dungarwal. However, as COVID hit, the company restructured its business model and relaunched as a D2C brand with only 30 to 35 products on its website…
• ReshaMandi expects over 5-fold growth in revenue to Rs 2,000 cr this fiscal
  9 Aug 2022,retail.economictimes.indiatimes.com
  In India, ReshMandi claims to have onboarded over 41,000 farmers, 5,500 reelers, over 7,000 weavers and 3,300 retailers and mutually connects them for business through its app…
• Reckitt contributes Rs 7,880 cr to India’s GDP in 2021: Oxford Economics
  9 Aug 2022,business-standard.com
  India is among the top three markets for Reckitt, earlier known as Reckitt Benckiser, and owns popular household brands such as Dettol, Lysol, Harpic, Durex, Veet and Strepsils…
• Singapore FMCG major Believe invests $8 million in ecommerce startup Ohsogo
  9 Aug 2022,retail.economictimes.indiatimes.com
  The ecommerce platform aims to disrupt the online beauty and skincare space in Bangladesh…
• Dine-in is back; not seeing effects of inflation: Gaurav Burman, Director of Burman Hospitality
  9 Aug 2022,retail.economictimes.indiatimes.com
  “We are somewhat protected in India; we still have a very rapidly growing economy here unlike some other parts of the world,” Burman, scion of the Dabur group, said. “If I look at consumption in general, including Dabur, we are seeing our India businesses hold up very strongly, much more strongly compared to some of the international markets we have operated in”…
• Whirlpool of India Q1 Results: Profit rises over 3-fold to Rs 84.6 crore; revenue jumps 55%
  9 Aug 2022,retail.economictimes.indiatimes.com
  Top-line growth this quarter was “on the back of significant price increases taken earlier”, it said in an earnings statement.The company’s Managing Director Vishal Bhola said, “It was a strong start to the year with robust revenue growth of 55 per cent and PAT growth of 230 per cent although on a low Covid-impacted quarter…
• Tyson Foods beats revenue estimates as chicken prices soar
  9 Aug 2022,retail.economictimes.indiatimes.com
  Packaged food makers have so far faced little pushback from consumers on price increases forced by surging costs, but analysts and companies have raised concerns that demand may suffer…
• Demand for grocery delivery cools as food costs rise
  9 Aug 2022,retail.economictimes.indiatimes.com
  Grocery delivery saw tremendous growth during the first year of the pandemic. In August 2019 – a typical pre-pandemic month – Americans spent $500 million on grocery delivery. By June 2020, it had ballooned to a $3.4 billion business, according to Brick Meets Click, a market research company…
• Taco Bell set to invest $100 million in pan-India expansion with 600 outlets
  9 Aug 2022,livemint.com
  Taco Bell’s master franchise partner, Burman Hospitality, will invest over $100 million to fast-track its pan-India expansion plans. The quick-service restaurant (QSR) chain, with a presence across 19 cities, is set to open its 100th outlet later this month and plans to increase the number to 600 in the medium term…
• Blue Dart expands retail footprint in tier I and II markets
  9 Aug 2022,livemint.com
  The new stores will widen Blue Dart’s presence in Tier I & II markets of Odisha, Assam, Haryana, Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat and Madhya Pradesh…
• CHOSEN Store celebrates 2 years exclusive retail agreement with Horphag Research for Pycnogenol in India
  9 Aug 2022,aninews.in
  Chennai (Tamil Nadu) [India], August 8 (ANI/NewsVoir): Chennai-based CHOSEN, one of India’s leading cosmetics retail stores, completed 2 fruitful years of collaboration with Switzerland-based Horphag Research to retail and formulate Pycnogenol based products in India…
• Festive season: Burst of discretionary spending likely till December; recovery seen for electronics, gifting too
  8 Aug 2022,retail.economictimes.indiatimes.com
  “We have forecast double-digit growth this festive season over the festive months of 2019,” said Vishal Chaturvedi, vice-president (South Asia), The Body Shop. “This includes gifting across various upcoming festivals, Diwali and the wedding season. People are also coming back to physical stores after the last two years of stress, which were bad for us as well.”…
• Reliance Retail made investments to the tune of Rs 30,000 crore in FY22
  8 Aug 2022,business-standard.com
  The country’s largest retailer made the investment in its retail business in organic growth, acquisitions and strategic partnerships…
• Inflation hasn’t impacted imported spirits segment, investing in brand building, says Brown-Forman
  8 Aug 2022,retail.economictimes.indiatimes.com
  India is a “strategic emerging market” for Brown-Forman, where it is strengthening its presence in tier II cities and actively investing in brand building and marketing initiatives through increased retail presence…
• Aditya Birla Fashion posts net profit of Rs 94.44 cr in Q1 FY23
  8 Aug 2022,retail.economictimes.indiatimes.com
  The company’s total revenue from operations has increased more than threefold to Rs 2,874.76 crore in Q1 FY23 as compared to Rs 811.95 crore in the same quarter last year. And it grew by 39 per cent over pre-COVID levels from Rs 2,065 crore in Q1 FY20…
• Marico Q1 net profit rises 3% to Rs 377 cr; sales up 1.3% to Rs 2,558 cr
  8 Aug 2022,retail.economictimes.indiatimes.com
  Its revenue from operations rose marginally by 1.3 per cent to Rs 2,558 crore, as against Rs 2,525 crore in the corresponding quarter of the previous year…
• Amazon expands connected device basket with $1.7 billion deal for Roomba-maker
  8 Aug 2022,retail.economictimes.indiatimes.com
  Its shares rose about 19% in early trading. At its peak during the pandemic lockdowns, iRobot traded at $197.4 as hygiene-conscious consumers invested in premium robot vacuum cleaners…
• Philips sees rise of self-care and DIY trends in grooming
  8 Aug 2022,livemint.com
  As a brand, we believe in the philosophy of understanding the consumer’s unmet needs, and then creating solutions, says Vidyut Kaul, Head of personal health at Philips Indian subcontinent division…
• Fall in consumer, education demand hampers tablet growth
  8 Aug 2022,retail.economictimes.indiatimes.com
  Inflation and fears of a recession are at the forefront of consumers’ minds, and spending on tablets has taken a backseat as the need for pandemic-era levels of use has fallen, according to a Canal’s report…
• Shoppers from tier-I and tier-II cities drive India’s e-commerce growth
  8 Aug 2022,business-standard.com
  India’s Retail and E-commerce Trends, a report prepared by e-commerce tech firm Unicommerce along with Wazir Advisors, assesses the growth of India’s retail ande-commerce industry in FY22 and how consumer buying patterns have changed in the last two years…
• India’s Nykaa expects festival season to boost demand
  8 Aug 2022,insideretail.asia
  Indian cosmetics-to-fashion retailer Nykaa said on Friday it expects stronger demand for its products in the current quarter after a ‘subdued season’ where inflationary pressures dented consumer spending…
• 52 D2C Brands That Are Disrupting India’s Consumer Market
  8 Aug 2022,inc42.com
  India’s direct-to-consumer (D2C) market, which is likely to reach a size of $100 Bn by 2025, has grown exponentially in the last few years. Several factors including the Covid pandemic, higher internet penetration, growth of digital infrastructure and rise in the number of millennials, among others, have shored up the D2C brands…
• Titan net profit jumps 13 times YoY to Rs 793 crore in Q1 FY23
  6 Aug 2022,retail.economictimes.indiatimes.com
  ​​The Tata Group firm said its quarterly revenues were the second-best, buoyed by a strong festive demand in a near normal Ql that came after a gap of two Covid disrupted periods…
• Paytm Q1 net loss widens to Rs 644 crore, revenue up 88.5% YoY
  6 Aug 2022,retail.economictimes.indiatimes.com
  The digital payments platform’s revenue, however, shot up 88.5 per cent in Q1 to Rs 1,679.6 crore on a YoY basis…
• Aditya Birla Fashion posts profit of ₹94.44 cr
  6 Aug 2022,livemint.com
  The retailer of clothing brands such as Louis Philippe, Van Heusen and Allen Solly posted consolidated revenue from operations of ₹2,874.76 crore in the three months ended June, a more than threefold rise from ₹811.95 crore a year earlier…
• Raymond Q1 net profit at Rs 82 crore
  6 Aug 2022,retail.economictimes.indiatimes.com
  “Q1FY23 has been yet another strong quarter with highest Q1 revenue and profitability in last 10 years,” said an earning statement from Raymond. During the quarter, it capitalised on market buoyancy and strong wedding demand, supported by expansive distribution helped propel sales…
• Nykaa Q1 Results: Profit rises 33% YoY to Rs 4.5 crore; revenue jumps 41%
  6 Aug 2022,retail.economictimes.indiatimes.com
  The company’s Q1 revenue was up 41 per cent YoY to Rs 1,148.4 crore vs Rs 817 crore in the June quarter of the last fiscal year…
• Speciality Restaurants reports Q1FY23 total income of Rs 99 crore and PAT of Rs 14.71 crore
  6 Aug 2022,retail.economictimes.indiatimes.com
  “Some tactical measures of cost controls and streamlining business processes have led to the rationalization of the costs, which has resulted in savings resulting in improved profitability. We continue to focus on the cloud kitchen vertical with our established brands for the delivery business with low capital requirements and better return on investments…
• Akzo Nobel India net profit marginally rises to Rs 76.9 cr in Q1 FY 2022-23
  6 Aug 2022,retail.economictimes.indiatimes.com
  The company’s total revenue from operations grew 50 percent year-on-year in Q1 FY23 at Rs 937.7 crore as compared to Rs 626.4 crore in the same quarter last year…
• Coopetition between online and brick-and-mortar retailers
  6 Aug 2022,retail.economictimes.indiatimes.com
  In challenging times such as a crisis, e-tailers need to think in terms of cooperation with their brick-and-mortar retail competitors. Coopetition, a term coined by Raymond J. Noorda, the founder of Novell Corp. “is a business strategy that uses insights gained from game theory to understand when it is better for competitors to work together”. Intra-industry competitors are likely to have complementary skills which can be leveraged upon. Sometimes competitors join hands when common customers demand so…
• Nalli sari brand launched on Myntra
  6 Aug 2022,retail.economictimes.indiatimes.com
  This partnership marks Nalli’s entry into the e-commerce segment (outside of its own website) and will offer more than 1,000 styles to sari lovers in the country…
• Blue Dart re-appoints Balfour Manuel as MD
  6 Aug 2022,livemint.com
  Blue Dart also strengthened its Board, with the induction of Prakash Apte and Padmini Khare Kaicker as independent directors of the company for a term of five years, effective from 28 July…
• Consumer confidence continues to improve in July, marginal rise in future expectations: RBI report
  6 Aug 2022,retail.economictimes.indiatimes.com
  The current situation index (CSI) rose by 1.4 points from 75.9 in May to 77.3 in July. This was mainly on account of improved perception on employment, household income and spending, the survey said…
• Lulu Group Int’l plans to expand in India over the next few years
  6 Aug 2022,retail.economictimes.indiatimes.com
  With an annual turnover worth $ 8 billion and a workforce of over 50,000 globally, the Lulu group has announced investments of over Rs 19, 000 crore in India, for malls, hypermarkets, food processing centres, and all related businesses. In India, Lulu currently operates five shopping malls—in Kochi, Trivandrum, Thrissur, and Bangalore—and the largest one has been launched in Lucknow recently…
• Decoded: Why German retail giant Metro wants to exit India
  6 Aug 2022,economictimes.indiatimes.com
  The irony, however, is that although kiranas have shed their earlier suspicions, most of their ‘vocal local’ supporters haven’t. This is particularly unfortunate for German retail giant Metro Cash and Carry’s operations in India, which has benefited many kiranas across the country. When the Dusseldorf-based company entered India in 2003, a series of protests were held by activist outfits and a few local farmers’ unions, claiming that the livelihood of small traders would be threatened…
• Triumph International Opens First Exclusive Retail Store in Pune
  6 Aug 2022,indianretailer.com
  The new store hosts both their brands -Triumph and iconic bodywear brand sloggi, introduced by Triumph International India recently…
• DLF mulls auction bid for Ambience Mall with base price of $366 million: Sources
  5 Aug 2022,realty.economictimes.indiatimes.com
  The 1.2 million square feet “Ambience Mall” in the posh southern district of India’s capital has been put up for auction as its current owner, the Ambience Group, has not paid debt of $149 million to Indiabulls Housing Finance and other creditors, according to a previously unreported public auction notice…
• Reliance to debut JioMarket for marketplace biz, starts roping in sellers
  5 Aug 2022,retail.economictimes.indiatimes.com
  The internal work is done and the focus is on starting with a good volume of quality sellers so they are going aggressive on roping in independent sellers so it can be launched soon, one of the people mentioned above said…
• Reliance Brands Limited signs franchise agreement with global luxury brand Balenciaga

  5 Aug 2022,retail.economictimes.indiatimes.com
  Founded by Spanish-born Cristóbal Balenciaga in 1917 and established in Paris in 1937, the original house of Balenciaga defined modern couture with its many innovations to form and technique. Since his appointment as artistic director in 2015, Demna continues to uphold the vision of Balenciaga through boundary pushing collections, which have expanded to include women’s and men’s ready-to-wear, accessories, and objets d’art…

• Q1 has been good as far as Bajaj Consumer Care top line is concerned and we want to replicate that: MD
  5 Aug 2022,retail.economictimes.indiatimes.com
  “Last year, we launched pure coconut oil as well as Coco Onion and with that at least in the hair oils market, we have a larger presence now. So that would be our strategy going forward. This quarter has been a good quarter as far as the top line is concerned and we want to replicate that.”…
• E-commerce enabler GoKwik partners Truecaller to reduce returns for online and D2C brands
  5 Aug 2022,retail.economictimes.indiatimes.com
  GoKwik, a network platform committed to providing full stack solutions to D2C brands, marketplaces, and omnichannel e-commerce players, said it has on boarded Truecaller to improve conversions and reduce RTOs (return to origin) by leveraging the brand’s expertise in identifying and verifying users…
• EBay beats revenue estimates, bucks slowdown in consumer spending
  5 Aug 2022,retail.economictimes.indiatimes.com
  The e-commerce firm’s results contrast that of brick-and-mortar retailers Walmart Inc and Target Corp , which had warned of slowing discretionary spending as inflation-hit Americans save their dollars for gas, food and other essentials…
• Inflation-growth tightrope
  5 Aug 2022,livemint.com
  The Reserve Bank of India began raising interest rates in May, and may be set to do so again later today. If it does, it will be in line with what several central banks are doing globally to combat a long spell of high inflation…
• Kalyan Jewellers Q1 consolidated PAT at Rs 108 crore
  5 Aug 2022,retail.economictimes.indiatimes.com
  Revenue from operations jumped 103.61 per cent during the quarter under review to Rs 3,332.63 crore compared to Rs 1,636.77 crore in the year-ago period…
• Britannia Industries net profit falls 13.24% to Rs 335.74 crore; revenue rises 9%
  5 Aug 2022,retail.economictimes.indiatimes.com
  Britannia Industries’ total expenses were at Rs 3,293.15 crore in the first quarter of FY23, up 12.28 per cent from Rs 2,932.96 crore in the year-ago period…
• Dabur Q1 profit marginally rises to Rs 441 crore
  5 Aug 2022,retail.economictimes.indiatimes.com
  Its revenue from operations was up 8.07 per cent to Rs 2,822.43 crore during the quarter under review as against Rs 2,611.54 crore in the corresponding quarter of the previous fiscal…
• Tiger sells 2.34% stake in Zomato
  5 Aug 2022,livemint.com
  Tiger Global sold more than 184 million shares, or 2.34%, of Zomato, between 25 July and 2 August in the open market, it said in a stock exchange filing. After the sale, Tiger Global now holds a 2.77% stake in the company, the filing shows…
• McDonald’s India North & East embarks on restaurant modernisation
  5 Aug 2022,retail.economictimes.indiatimes.com
  “We are deeply committed to serving our customers the best of McDonald’s experience and moving ahead with the most significant transformational changes ever undertaken in the history of McDonald’s in the region,” said Sanjeev Agrawal, group chairman, MMG and chairman and development licensee, McDonald’s India (North and East)…
• Berger Paints Q1 net profit rises 81% to Rs 254 cr; revenue up 53% to Rs 2,760 cr
  5 Aug 2022,retail.economictimes.indiatimes.com
  The company had posted a net profit of Rs 140.48 crore in the April-June period a year ago, Berger Paints said in a regulatory filing.Its revenue from operations rose 53.44 per cent to Rs 2,759.70 crore during the quarter under review as against Rs 1,798.49 crore in the year-ago period…
• Nexus Malls signs exclusive contract with Khushi Advertising for 11 malls in India
  5 Aug 2022,afaqs.com
  Khushi Advertising, the leader in mall media solutions, announced today that Nexus Malls have awarded them the exclusive contract to bring in SOH revenue for 11 malls, namely Nexus Ahmedabad One – Ahmedabad, Nexus Amritsar – Amritsar, Nexus Esplanade – Bhubaneswar, Nexus Celebration – Udaipur, Nexus Kormangala – Bengaluru, Nexus Shantiniketan – Bengaluru, Nexus Whitefield – Bengaluru, Fiza By Nexus – Mangalore, Nexus Centre City – Mysore, Nexus Hyderabad – Hyderabad and Nexus Vijaya – Chennai in India…
• Why is There a Rise of Baby Care Brands in the Indian Market in 2022
  5 Aug 2022,indianretailer.com
  The market for infant care products, which includes baby gear, strollers, toiletries, and diapers, is expanding by 14 percent annually…
• Does the future of Offline Retail lie beyond Ecommerce and QCommerce?
  5 Aug 2022,timesofindia.indiatimes.com
  The market for infant care products, which includes baby gear, strollers, toiletries, and diapers, is expanding by 14 percent annually…
• ‘Phygital Personalised Purchase’ – The modern retail phenomenon
  5 Aug 2022,timesofindia.indiatimes.com
  The Indian retail industry has been rapidly evolving, but the disruptions and pathbreaking changes can be seen dominating more so, especially over the last 5-6 years, thanks to modern technologies, the internet, and paradigm shift in consumer behaviour patterns…
• GCPL Q1 net profit down 16.56% to 345.12 crore
  4 Aug 2022,realty.economictimes.indiatimes.com
  “Our overall EBITDA declined by 13 per cent driven by unprecedented global commodity inflation, upfront marketing investments and a weak performance in our Indonesia and Latin America & SAARC businesses,” GCPL Managing Director and CEO Sudhir Sitapati said.GCPL’s India revenue was up 11.36 per cent to Rs 1,849.41 crore in the April-June quarter, as against Rs 1,660.65 crore in the corresponding quarter a year ago…
• Marico’s D2C brands have grown to Rs 500 cr business, says Mariwala
  4 Aug 2022,realty.economictimes.indiatimes.com
  Before the emergence of e-commerce and digital market initiatives, companies needed a budget of Rs 20-30 crore just to launch a product along with an all-India distribution network…
• Ice-cream parlours to attract 18% goods and services tax: CBIC
  4 Aug 2022,retail.economictimes.indiatimes.com
  It said in a circular that past tax dues of ice-cream parlours that attracted GST at the rate of 5% without input tax credit shall be treated as fully GST paid to avoid unnecessary litigation. “Since the decision is only to regularise the past practice, no refund of GST shall be allowed, if already paid at 18%,” said the CBIC…
• Adani Wilmar Q1 net profit up 10% to Rs 193.59 crore
  4 Aug 2022,retail.economictimes.indiatimes.com
  Total income rose to Rs 14,783.92 crore in the first quarter of this fiscal from Rs 11,369.41 crore in the corresponding period of the previous year…
• Devyani International Q1 net profit at Rs 74.76 crore
  4 Aug 2022,retail.economictimes.indiatimes.com
  “In Q1 FY23, DIL opened 70 net new stores, taking the total count to 1,008. It hit a key milestone — launched 1,000th outlet during the quarter; Plans to double store count in the next 4-5 years,” according to an DIL earnings statement…
• Amazon ties up with Indian Railways to boost delivery of packages
  4 Aug 2022,livemint.com
  Amazon India has engaged with Indian Railways to boost its delivery services in the country. Through this partnership, the e-commerce firm said it will be able to transport packages on more than 110 inter-city routes, ensuring one to two-day delivery for its customer…
• Etsy names Pankaj Jathar as vice president and India country head
  4 Aug 2022,retail.economictimes.indiatimes.com
  An industry veteran with more than two decades of experience across global IT services and ecommerce firms, Jathar will lead Etsy’s India business to scale up its marketplace capabilities further and determine additional growth opportunities in the country. He will focus on mobilising and empowering the creative community in India…
• Retail inflation for July may ease to 5-month low, says Barclays
  4 Aug 2022,retail.economictimes.indiatimes.com
  “The RBI is likely to take some comfort in the fact that over the next two to three months, sequential momentum of inflation will moderate materially, as the lagged effect of falling prices for cooking oil, cooking gas, base metals and several foods have all moderated,” the economist added…
• Malabar Gold enters Bangladesh with Rs 200-cr manufacturing unit
  4 Aug 2022,retail.economictimes.indiatimes.com
  With USD 4.51 billion in revenue in 2021, Malabar Gold is the largest domestically and the third largest globally in terms of top line. India operations contribute USD 2.88 billion (66 per cent of the top line) and the rest USD 1.63 billion or 34 per cent come from international operations, Ahamed said…
• Athleisure brands double size of stores amid rising demand

  4 Aug 2022,retail.economictimes.indiatimes.com
  “Post Covid, brands have realised customers are coming for the full experience and expecting engagement from the brand. At our retail spaces, many athleisure brands have almost doubled presence as sales have gone up,” said Pushpa Bector…

• How a celebrity CEO’s rule of fear helped bring down hot startup Zilingo
  4 Aug 2022,retail.economictimes.indiatimes.com
  At the heart of Zilingo’s breakdown lies the soured relationship between Ankiti Bose and her longtime supporter, Shailendra Singh, head of Sequoia India. Allies for years, they fell out as financial pressures mounted…
• Inox Leisure reports net profit of Rs 57 cr in Q1
  4 Aug 2022,retail.economictimes.indiatimes.com
  Inox Leisure’s revenue from operations in the April-June quarter of the last fiscal stood at Rs 22.31 crore.Total expenses were at Rs 513.01 crore, up two-fold.Inox reported its “highest ever quarterly revenue” and “highest ever EBITDA and profit after tax”…
• Devyani International is looking to add 200-250 stores annually: CEO
  4 Aug 2022,livemint.com
  We were building 3k sq. ft KFCs. Now we have gone down to 1.7k to 2k sq. ft, on an average. As a result, kitchen size is same but capex is down, says Virag Joshi, CEO, Devyani International…
• Mall operators’ revenue reaches 10% above pre-pandemic level: CRISIL
  4 Aug 2022,retail.economictimes.indiatimes.com
  The recovery is visible across tenant categories. Grocery, apparel, footwear, cosmetics, electronics, and luxury, which account for 75-80% of mall revenue, had shown near-full recovery by the third quarter of last fiscal. The consequent healthy improvement in cash flows and steady debt levels are also likely to improve the average debt service coverage ratio…
• Furlenco aims to reach Rs 500 crore revenue by March 2024
  4 Aug 2022,retail.economictimes.indiatimes.com
  “We plan to add over 500 products and 250 designs to our range over the next year. With this, we are looking to expand to get a larger share of the market and become India’s largest furniture and lifestyle brand by 2024,” Mohandas said…
• Aiwa India to focus on experiential retail; no immediate plans to enter e-commerce
  4 Aug 2022,newindianexpress.com
  Mehta said that the company’s strategy is different from other brands in the sense that it has consciously stayed away from e-commerce at the moment and is focusing on offline retail…
• IIFL Foundation Launches Retail Skill Development Program For Youth In Partnership With Indian Army And REACHA
  4 Aug 2022,bwpeople.businessworld.in
  The project is specially designed to help young individuals to become retail sector entrepreneurs or professionals by enhancing their skills and connecting them to the industry…
• Brigade Enterprises posts Rs 64.65 crore net profit in Q1 FY23
  3 Aug 2022,retail.economictimes.indiatimes.com
  Brigade Enterprises’ net consolidated income stood at Rs 920.28 crore in Q1 FY23, a growth of 135.05 per cent from Rs 391.52 crore it recorded in the similar quarter last year…
• Uber Technologies likely to sell 7.8% stake in Zomato through block deal
  3 Aug 2022,retail.economictimes.indiatimes.com
  The sale has been fixed at Rs 48-Rs 54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of Rs 55.55 on the National Stock Exchange…
• ITC exits from lifestyle retailing business
  3 Aug 2022,retail.economictimes.indiatimes.com
  Last month, ITC Chairman Sanjiv Puri said that the company was liquidating some old inventory of the Wills brand left in a few stores and there were no further plans to continue the business. In the past, ITC had said that its lifestyle retailing business was adversely impacted by e-commerce players which aggressively pushed to capture market share amongst value-seeking consumers by offering heavy discounts and launching exclusive labels and brands…
• FMCG industry recovers on higher urban consumption: Report
  3 Aug 2022,retail.economictimes.indiatimes.com
  ​​Data analytics firm NielsenIQ on Tuesday said the overall consumption has revived as unit volume has increased on a sequential basis in the April-June quarter. However, on an annual basis, it had a negative growth of 0.7 per cent in the latest quarter under review. In the April-June 2022 period, the urban markets revived with positive volume growth of 0.6 per cent but the rural markets reported a negative growth of 2.4 per cent…
• Voltas net profit falls 10.5 pc to Rs 109.6 crore; revenue up 55 pc to Rs 2,768 crore in April-June
  3 Aug 2022,retail.economictimes.indiatimes.com
  ​​”On the back of the volume growth, gross segment revenue increased by 125 per cent,” said Voltas, adding it “continues to be the market leader” in the segment with an existing market share of 24.1 per cent as of June 2022, said an earnings statement by the company…
• D2C brands drive growth for e-tailers
  3 Aug 2022,livemint.com
  Internet-first or direct-to-consumer (D2C) brands are driving growth in India’s e-tailing space with a robust 45% compound annual growth rate and has the potential to reach $ 70 billion over the next few years, said a joint report by Unicommerce, an integrated software as a service platform for post-purchase experience management, and retail consultancy Wazir Advisors…
• Starbucks beats profit estimates despite hit to China business
  3 Aug 2022,retail.economictimes.indiatimes.com
  Despite record inflation in the United States that ate in to Starbucks’ operating margin, the chain is “not currently seeing any measurable reduction in customer spending or any evidence of customers trading down,” interim Chief Executive Officer Howard Schultz told investors on a conference call…
• CSB forays its footprint in Tamil Nadu with a second outlet
  3 Aug 2022,retail.economictimes.indiatimes.com
  The new outlet is set in Sholinganallur, Kancheepuram. It’s situated near IT parks in order to attract a large number of young professionals…
• Anuj Jain on Kansai Nerolac results, competition and growth going ahead
  3 Aug 2022,retail.economictimes.indiatimes.com
  “When new competition enters our sector, it is important for us to just concentrate on our strength and strategy and to correct if any weakness is there over a period of time. There is no question of feeling threatening here because the industry size is good, the growth is good, and it takes time for any new player to come and create a distribution and relationship network with dealers.”…
• Foreign tourists might soon start getting GST refund for local shopping
  3 Aug 2022,timesofindia.indiatimes.com
  Referring to this, government sources added that with the GST regime settling down, the Centre is in the process of setting up the said pilot, which will initially involve outlets, such as the Cottage Industries Emporium and, bas…
• Homegrown retail decor specialist Surreal Design Studio goes global
  3 Aug 2022,timesofindia.indiatimes.com
  Surreal Design Studioare specialists in retail décor comprising malls, airports and other public spaces—temporary as well as permanent installations at these locations…
• BIRKENSTOCK Opens Second Store in Pune
  3 Aug 2022,indianretailer.com
  The new store launch is followed by the overwhelming response BIRKENSTOCK received in 2021, when it launched its first outpost in the city in Phoenix Market City, Pune…
• ONLINE RETAIL TO REACH $225 BILLION, D2C TO TOUCH $70 BILLION IN A FEW YEARS IN INDIA: REPORT
  3 Aug 2022,moneycontrol.com
  Electronics and fashion, which are usually the top selling categories for marketplaces, saw a slower growth compared to other categories in terms of order volume…
• Tata Power, JLL India collaborate to provide green energy solutions in the realty space
  3 Aug 2022,pv-magazine-india.com
  Under the collaboration, both the companies will jointly evaluate opportunities across JLL India’s clients’ portfolios to extend Tata Power’s Green Energy solutions. Tata Power will also work with JLL India to support the transition of their existing offices in the country into Green Energy power hubs…
• Large restaurants raise discounts to fend off Swiggy, Zomato
  2 Aug 2022,retail.economictimes.indiatimes.com
  India’s largest quick service chain, Domino’s Pizza which operates 1,625 outlets, launched multiple “free rewards offers” on its own app last weekend, across delivery, takeaway and dine-ins…
• ITC Q1 profit up 33.4% to Rs 4,462.25 cr, revenue rises to Rs 19,831.27 cr
  2 Aug 2022,retail.economictimes.indiatimes.com
  Its revenue from operations was up 39.25 per cent at Rs 19,831.27 crore in the first quarter of the current fiscal compared to Rs 14,240.76 crore in the year-ago period…
• Zomato’s consolidated loss nearly halves to Rs 186 crore in Q1
  2 Aug 2022,retail.economictimes.indiatimes.com
  The online food delivery and restaurant discovery platform also reduced losses by about 48% sequentially, from Rs 359.70 crore in the fourth quarter last year, the company said in a stock exchange filing to the BSE late on Monday…
• ‘We saw big growth improvement in products priced over Rs 3000,’ says Metro Brands CEO
  2 Aug 2022,retail.economictimes.indiatimes.com
  We’re seeing increased demand for premium products. We try to be a little more premium than our competitors and it’s starting to pay off as we saw big growth improvement in products priced over Rs 3,000…
• Anand Burman appointed chairman of Eveready Industries
  2 Aug 2022,retail.economictimes.indiatimes.com
  The appointment was finalised by the Eveready board in a meeting held in Kolkata on Monday. Mohit Burman and Arjun Lamba, a close associate of the Burmans have been appointed as non-executive directors, he said. A formal announcement is expected soon…
• Varun Beverages posts two-fold jump in PAT at Rs 802 cr in Q1 FY22-23
  2 Aug 2022,retail.economictimes.indiatimes.com
  “Profit after tax increased by 151.6 per cent to Rs 802 crore from Rs 318.8 crore in Q2/2021, driven by high growth in revenue from operations and improvement in margins,” the earning statement said…
• Arvind Ltd posts Rs 101.62 cr profit in Q1 FY22-23; net sales up 64%
  2 Aug 2022,retail.economictimes.indiatimes.com
  “Arvind continued to deliver on its stated objective of reducing Long Term debt, and reduced it by Rs 56 crores during this quarter. Arvind Limited closed the quarter at a net debt of Rs 1,809 crore,” it said…
• Bajaj Consumer Care Q1 net profit dips 30.7% to Rs 33.9 crore
  2 Aug 2022,retail.economictimes.indiatimes.com
  Its total revenue from operations rose 15.10 per cent to Rs 249.44 crore during the period under review, as against Rs 216.71 crore in the corresponding quarter a year ago, said a regulatory filing by Bajaj Consumer Care…
• Barbeque-Nation Hospitality Q1 profit at Rs 16.02 cr
  2 Aug 2022,retail.economictimes.indiatimes.com
  Its revenue from operations was up three-fold to Rs 314.86 crore during the quarter under review as against a low base of the corresponding quarter, when sales were impacted…
• Heineken boosted by rising beer demand but sees 2023 margin squeeze
  2 Aug 2022,retail.economictimes.indiatimes.com
  The brewer of Heineken, Europe’s top-selling lager, as well as Tiger, Sol and Strongbow cider, sold more beer than expected, with expansion in all regions and revenue and profit above market consensus…
• Kansai Nerolac Paints Q1 net profit up 36.5 pc to Rs 152 cr; sales up 46 pc
  2 Aug 2022,retail.economictimes.indiatimes.com
  Its revenue from operations rose 46.23 per cent to Rs 2,051.37 crore from Rs 1,402.76 crore in the year-ago quarter…
• JSL Lifestyle owned home and lifestyle brand Arttd’inox targets Rs 100 cr revenue in 3 years
  2 Aug 2022,retail.economictimes.indiatimes.com
  Arttd’inox is the B2C arm of JSL Lifestyle, a subsidiary of Jindal Stainless (Hisar) Limited (JSHL). The company sells premium stainless steel products across kitchen and home decor categories…
• Honasa Consumer appoints Pratik Mukherjee as vice president, Brand Factory
  2 Aug 2022,livemint.com
  Honasa Consumer Pvt Limited, calls itself a “house of brands” entity, creating digital-first consumer goods brands. HCPL has built an in-house portfolio of digital-first consumer brands like Mamaearth, The Derma Co., Aqualogica, Ayuga…
• Eveready Industries Q1 net profit down 27.5% to Rs 21.85 cr
  2 Aug 2022,retail.economictimes.indiatimes.com
  New Delhi, Aug 1 (PTI) Battery and flashlights maker Eveready Industries India Ltd on Monday reported a decline of 27.48 per cent in its consolidated net profit at Rs 21.85 crore for the quarter ended June 30, 2022. The company had posted a net profit of Rs 30…
• India to have 31 new shopping malls in two years, Chennai to get four
  2 Aug 2022,livemint.com
  According to a report by Anarock, 31 new shopping malls are expected to be operational by the end of next year on the back of a strong revival in the retail sector…
• Avenue Supermarts to Bata India: Retailers are now hiring, but on contract
  2 Aug 2022,business-standard.com
  According to a TeamLease report for the quarter, the intent to hire in retail is higher in the June-September quarter than the April-June period…
• Maharashtra: Amazon opens new centre for procuring fresh produce directly from farmers
  2 Aug 2022,indianexpress.com
  Amazon Retail India Monday announced the opening of a new “farmer collection centre” in Maharashtra, where fresh fruits and vegetables would be directly purchased from farmers for customers…
• Lifestyle & grocery retail companies on a hiring spree
  1 Aug 2022,retail.economictimes.indiatimes.com
  According to HR firm TeamLease’s latest hiring outlook study, retail is one of the top six sectors on hiring intent in the current quarter. “Significant investments are happening in the retail sector. Companies are looking to use this fresh capital to shore up hiring across multiple verticals, with some startups looking to add more physical stores too,” said TeamLease executive director Rituparna Chakraborty…
• Tata Neu CTO Sauvik Banerjjee quits four months after launch
  1 Aug 2022,retail.economictimes.indiatimes.com
  His exit comes just four months after the Mumbai-based conglomerate launched the much-hyped ‘super app’ in April . Neu was launched with a marketing blitz around the Indian Premier League, for which it was the title sponsor…
• McD’s to double outlets in north & east over 3 years
  1 Aug 2022,retail.economictimes.indiatimes.com
  “The restaurants are old. We had to re-image them,” said Sanjeev Agrawal, chairman and development licensee, McDonald’s India North and East. “Our plan is to overhaul 150 outlets in two years. ”…
• Godfrey Phillips India Q1 net profit rises 16.6% to Rs 131.05 cr
  1 Aug 2022,retail.economictimes.indiatimes.com
  Godfrey Phillips India’s revenue from operations was up 33.49 per cent to Rs 981.83 crore during the quarter under review against Rs 735.49 crore in the corresponding period of the previous fiscal…
• Time for alcobev to go online?
  1 Aug 2022,retail.economictimes.indiatimes.com
  COVID-19 has led to a significant shift in the way in which alcohol is bought and consumed – such as growth in at-home consumption, acceleration of premium products and increasing product innovation beyond traditional whisky and beer to supply-led influences such as exponential growth of online delivery in other categories (70% inc. in GMV in 3 months during Wave-1), stay-at-home orders disallowing visits to liquor shops, govt. objective to control over-crowding at liquor shops post re-opening etc…
• Pet care industry grows after pandemic; attracts FMCG companies
  1 Aug 2022,retail.economictimes.indiatimes.com
  Last week, Nestle India entered into the segment by acquiring the pet foods business from its fellow subsidiary Purina Petcare India for Rs 123.5 crore, providing the FMCG major direct access to this fast-growing business in the country…
• Spend trend: Consumption survey to include electronics, online shopping
  1 Aug 2022,retail.economictimes.indiatimes.com
  India will now be keeping tabs on your spending online, electronic products such as mobile phones and Covid management products, as part of the Household Consumption Expenditure Survey (HCES), which was launched last week…
• Jockey doubled athleisure business during pandemic
  1 Aug 2022,livemint.com
  For an organization like ours, primarily invested in offline space, online consumer acquisition was slow and expensive prior to the pandemic, says Karthik Yathindra, chief marketing officer, Jockey India…
• Gold business up 54% in Q2 of 2022 at Rs 79,000 crore
  1 Aug 2022,retail.economictimes.indiatimes.com
  Gold demand in India was up 43% at 170.7 tonne in Q2, 2022 as against 119.6 tonne in Q2, 2021. Demand for gold jewellery was higher by 49% at 140.3 tonne (94 tonne) marked by festivals and wedding buying…
• Cereals beat slowing trend in FMCG foods
  1 Aug 2022,retail.economictimes.indiatimes.com
  Quoting Nielsen Consumer data, Kellogg’s MD (India & South Asia markets) Prashant Peres said volume growth in breakfast and healthy snacks — when put together and compared with other food categories — has been consistent over a span of two years from July-September 2020 to January-March this year…
• India’s consumer electronics industry is set on the path to Industry 5.0
  1 Aug 2022,livemint.com
  Even as the pandemic exposed the vulnerabilities of economies, it is time to analyse India’s manufacturing playbook and see it transition from Industry 4.0 to Industry 5.0, comprising smart artificial intelligence-enabled factories…
• Android tablet market share drops below 50% in Q2, 1st time in 10 yrs
  1 Aug 2022,business-standard.com
  Android tablet market share fell below 50 per cent for the first time in 10 years, as people seek premium and detachable tablets from Apple, Windows OEMs and, to some extent, Samsung…
• DLF cuts net debt by 16% quarter-on-quarter to Rs 2,259 crore in Q1 FY23
  1 Aug 2022,realty.economictimes.indiatimes.com
  On the operational front, DLF’s sales bookings doubled to Rs 2,040 crore during the first quarter of this fiscal from Rs 1,014 crore in the year-ago period…
• Many malls to open in 2022 as retail sector picks up pace
  1 Aug 2022,realty.economictimes.indiatimes.com
  Nearly 10.15 million sq ft of new mall space is set to be available in the country this year–almost double compared with 2021–as demand for retail space in grade-A malls pushes developers to expedite construction, according to property consultant Anarock…
• Anirban Gupta joins Colliers as Managing Director, Kolkata to drive business growth in East India
  1 Aug 2022,realty.economictimes.indiatimes.com
  Leading diversified real estate professional services and investment management firm Colliers has appointed Anirban Gupta as the Managing Director of Kolkata to drive the organization’s growth in East India…
• Commercial realty: More spaces, greater adsorption
  1 Aug 2022,theprint.in
  Delhi NCR [India], July 30 (ANI/NewsVoir): The growing interest in commercial realty space shows no signs of abating. Rising high from the sluggish demand during the pandemic there is a new vigour in the segment…
• Zilingo COO Aadi Vaidya quits in latest blow for Singapore startup
  30 jul 2022,retail.economictimes.indiatimes.com
  Aadi Vaidya, who joined the company in 2015 and became the COO two years later, confirmed his resignation when contacted by Bloomberg News. Friday is his last day at the company, Vaidya said in his response…
• Oppo to invest $60 million in India to strengthen smartphone ecosystem
  30 jul 2022,retail.economictimes.indiatimes.com
  Ovet that time, Oppo said it will also focus on the development of next-generation technologies such as 5G, artificial intelligence (AI), etc., to accelerate the product development process from India, empowering and mentoring technology start-ups end-to-end, and exploring collaborations with educational institutions to drive innovation…
• Nirma makes Rs 1,650-crore offer for Hindusthan National Glass
  30 jul 2022,retail.economictimes.indiatimes.com
  Africa-based bottle maker Madhvani Group and AGI Greenpac, known as makers of Hindware products, also submitted separate resolution plans for the Kolkata-based bottle maker undergoing insolvency proceedings…
• Apple ‘nearly doubled’ revenue in India in June quarter: CEO Tim Cook
  30 jul 2022,retail.economictimes.indiatimes.com
  “We also saw June quarter revenue records in both developed and emerging markets with very strong double-digit growth in Brazil, Indonesia, and Vietnam and a near doubling of revenue in India. We saw great enthusiasm for our products and services, resulting in an all-time record for our installed base of active devices,” Apple CEO Tim Cook said during the company’s quarterly earnings call…
• LT Foods Q1 profit rises 25% on strong revenue
  30 jul 2022,retail.economictimes.indiatimes.com
  Its total income rose 32 per cent on a consolidated basis to Rs 1,620.37 crore in the April-June quarter of the 2022-23 fiscal against Rs 1,231 crore in the year-ago period…
• Emami Q1 Results: PAT down 7% at Rs 73 cr
  30 jul 2022,retail.economictimes.indiatimes.com
  “Unprecedented inflationary headwinds continued to impact the FMCG sector leading to softening of consumer sentiment across urban and rural markets, resulting in lower margins during the quarter,” said Emami in its earning statement…
• Metro Brands posts net profit of Rs 105.78 crore in Q1 FY 2022-23
  30 jul 2022,retail.economictimes.indiatimes.com
  The company’s total revenue from operations stood at Rs 507.95 crore for Q1 of the current fiscal as compared to Rs 131.39 crore in the same quarter last year with 286.5 per cent year-on-year growth…
• ‘E-commerce penetration grew fivefold during covid’
  30 jul 2022,livemint.com
  NEW DELHI : The covid pandemic pushed sales of more fast-moving consumer goods online, with an estimated 10.7 million households buying such products between April 2020 and March 2022, data from Kantar Worldpanel showed…
• ICRA upgrades retail sector outlook to stable from negative
  30 jul 2022,retail.economictimes.indiatimes.com
  “Driven by pent-up demand, improving vaccination coverage and a pick-up in economic activity, the retail sector reported a healthy recovery in sales, post the second COVID-19 wave. While the operations were temporarily affected by the third wave in January and February 2022, the sector bounced back swiftly in March 2022,” said Sakshi Suneja, Vice President & Sector Head, ICRA…
• India remains a strong growth market for global consumer companies
  30 jul 2022,retail.economictimes.indiatimes.com
  Analysts said India has been resilient amid slowing global growth. The IMF has slashed the 2022 global GDP growth forecast to 3.6%. While India’s growth outlook has tempered too, at 8% expectation in 2022 and 7-8% growth forecast, India remains an outlier, ” said a report by Emkay…
• Amazon has a Prime edge over Walmart: Richer customers
  30 jul 2022,retail.economictimes.indiatimes.com
  On Monday, rival Walmart Inc, which caters to a more cost-conscious customer, slashed its second-quarter profit forecast, blaming a shift in consumer spending towards more low-margin food products over apparel and other general merchandise…
• Twin headwinds lash SMEs in gems and jewellery sector: Crisil SME Tracker
  30 jul 2022,business-standard.com
  Small and medium enterprises (SMEs) in the gems and jewellery sector are likely to grow 1-3 per cent year on year in value terms in the current fiscal year (FY23), compared with over 45-50 per cent in FY22 (which, in turn, was on a low base of FY21). That’s because they face two headwinds now: the import duty hike of 500 basis points to 12.5 per cent, and supply chain disruptions because of the ongoing Russia-Ukraine war, leading to a moderation in exports…
• Maersk X LT Foods | A strong logistics partnership of more than 10 years
  30 jul 2022,retail.economictimes.indiatimes.com
  LT Foods Ltd. is one of India’s largest basmati rice exporters, holding close to 50% market share within the industry. With a total of 6 plants in India, a processing plant in Rotterdam, along with warehouses in the USA, they export rice to 63 countries. Today, Daawat has become a household name in more than 60 countries with its international standards, and manufacturing excellence. Watch now to know how Maersk helped LT Foods Ltd. transport their rice to different countries with its digital technology, commitment, and excellent support…
• Tide maker P&G misses earnings, forecasts lower growth as consumers ‘scrimp’
  30 jul 2022,retail.economictimes.indiatimes.com
  Chief Financial Officer Andre Schulten warned in a call with media that P&G, a bellwether for consumer products, is seeing “some resurgence” of shoppers buying cheaper store brand items in some categories. Private label brands in Europe are stronger, he said in a call with analysts…
• Smartphone shipments in Q2 fall 5% due to macro-economic headwinds: Counterpoint
  30 jul 2022,retail.economictimes.indiatimes.com
  The on-year growth was primarily driven due to a low base in Q2 2021 due to the second covid-19 wave, while the quarterly decline is attributed to macroeconomic headwinds impacting demand, Counterpoint said…
• LG Electronics posts 12% drop in profit on weaker demand
  30 jul 2022,retail.economictimes.indiatimes.com
  Its operating income came in at 792 billion won $609 million for the April-June quarter, falling short of analysts’ expectations surveyed by Yonhap Infomax, the financial data firm of Yonhap News Agency…
• DLF’s net profit up 39% at Rs 469.57 crore in Q1 FY23
  30 jul 2022,retail.economictimes.indiatimes.com
  In a statement, DLF said its sales bookings jumped two-fold to Rs 2,040 crore during the April-June period of this fiscal year, compared with the year-ago period…
• The game plan is to expand into larger F&B portfolio and becoming an FMCG company: Tata Consumer’s Sunil D’Souza
  28 jul 2022,retail.economictimes.indiatimes.com
  “If you look at the total PCPL portfolio, I think we have got a significant opportunity to restructure and clean up. As part of this, the latest thing that we have announced is the cleanup of the international and Indian legal listed entities. From 43 entities, we are moving down to 23 or 25.”…
• PVR raises ticket prices by up to 23%, says CEO
  28 jul 2022,retail.economictimes.indiatimes.com
  “Every year, we used to hike the prices by 5–7%, but we couldn’t do that in the last two and a half years. During this time, electricity costs, rent and maintenance charges have gone up, so we had to hike the prices,” said Dutta…
• Coca-Cola takes ‘Limca’ to no-fizz segment, signs on Neeraj Chopra
  28 jul 2022,retail.economictimes.indiatimes.com
  The move comes amid escalation of launches in the healthier space by foods and beverages companies globally, as consumers opt for these products especially after the pandemic. The electrolytes and glucose beverage is a sports drink, and broadbases the company’s portfolio beyond fizzy drinks, which currently includes low-sugar juices, and Coke Zero…
• Working to see how fast we can increase local sourcing because that has all the benefits of creating lower prices: IKEA India CEO
  28 jul 2022,retail.economictimes.indiatimes.com
  “No one is not impacted by inflation and by the crisis that COVID and the war has had an impact on the whole world, supply chains and prices and inflation. We see some positive signs that it might be possible to rollback some of the prices going forward but it’s still to be seen. We are moving on with our affordability ambitions that we have,” Pulverer told ET…
• United Breweries Q1 Results: Net profit rises to Rs 162.50 crore on volume growth
  28 jul 2022,retail.economictimes.indiatimes.com
  United Breweries Ltd’s (UBL) revenue from operations climbed 95.88 per cent to Rs 5,196.08 crore during the quarter under review. It stood at Rs 2,652.63 crore in the corresponding period of the previous fiscal…
• Flipkart enters audiobooks segment; partners with Pocket FM
  28 jul 2022,retail.economictimes.indiatimes.com
  With the collaboration, Flipkart would provide exclusive and licensed audiobooks through Pocket FM to its customer base of over 400 million, a release said on Tuesday…
• Nykaa’s Falguni Nayar is India’s richest self-made woman, wealth surges 963%
  28 jul 2022,retail.economictimes.indiatimes.com
  Falguni Nayar, the founder and CEO of Nykaa, has moved ahead of Biocon founder and CEO Kiran Mazumdar-Shaw to become the richest self-made woman in India, according to Kotak Private Banking Hurun Leading Wealthy Women List 2021…
• Sharp fall in purchases pulls global gold demand down by 8% in Q2
  28 jul 2022,business-standard.com
  A sharp fall in purchases by investors pulled global gold demand down 8% in the second quarter compared to the same period in 2021, the World Gold Council said on Thursday…
• Relaxo Footwears profit rises 25 pc to Rs 38.67 crore in June quarter
  28 jul 2022,retail.economictimes.indiatimes.com
  Its revenue from operations went up by 34.2 per cent at Rs 667.15 crore during the period under review as against Rs 497.13 crore in the same quarter last year, Relaxo Footwears said in a regulatory filing…
• Neiman Marcus Group to hire 600 people for India centre
  28 jul 2022,retail.economictimes.indiatimes.com
  The US-based retailer launched its Global Capability Centre (GCC) in India this week, where it currently employs about 60 people…
• Food business to see disproportionate growth: TCPL CEO Sunil D’Souza
  28 jul 2022,retail.economictimes.indiatimes.com
  “I think now the game plan is to expand into the larger food and beverage portfolio by getting into more and more categories and ultimately becoming a FMCG company. The only thing is as we go we have got to make sure before we get into a full-fledged FMCG we are building a solid base and from there we can catapult into the larger categories,” said D’Souza…
• Coca-Cola bottling partners invest $1 bn to add capacity
  28 jul 2022,livemint.com
  Besides improving penetration of existing products, the company will also launch zero- and low-sugar variants of all its key sparkling brands in a phased manner over the next two years…
• Swiggy begins selling private label brand Supreme Harvest on Instamart
  28 jul 2022,livemint.com
  The brand is marketed by Scootsy Logistics Pvt Ltd and sells pulses, oils, spices, mixed seeds, flour, and other cooking essentials…
• Reckitt ups sales forecast on price hikes and baby formula
  28 jul 2022,retail.economictimes.indiatimes.com
  The company said quarterly like-for-like revenue rose 11.9% on a constant currency basis, far ahead of the 6.8% growth analysts had expected in a company-supplied poll. Reckitt hiked prices 9.7% in the quarter, while sales volumes were up 2.2%…
• Great cloud kitchens need a mix of artists and engineers
  28 jul 2022,retail.economictimes.indiatimes.com
  Zorawar Kalra says if someone had asked him in March, 2020, about food delivery, he would have described it as a waste of time. “We’re in the fine dine or fine casual sector, where we like to give full experiences. And I’m a food purist…
• India’s tea exports declined over 20% in past 5 years
  28 jul 2022,retail.economictimes.indiatimes.com
  “There was a decline in export of tea in last few years. Reportedly, this was due to nonavailability of containers, dislocation in shipping schedules, lock-down and uncertainty in the market due to covid-19 and disruptions in overall global trade,” Union Minister of Commerce and Industry Anupriya Patel informed the Lok Sabha on Wednesday in reply to a question on the tea trade…
• Ikea India increases prices of some products as inflation bites
  28 jul 2022,retail.economictimes.indiatimes.com
  IKEA India has increased prices of some of its products due to rising inflation while also absorbing the high inflation costs on other products…
• Apple’s 1st India store delayed
  28 jul 2022,retail.economictimes.indiatimes.com
  The opening of Apple’s flagship India retail store has been delayed further, with the iPhone maker aiming to debut its first company-owned outlet in the country in Mumbai in the January-March quarter next year. If all goes to plan, 2023 will mark a big India retail push by Apple, which will also be opening a company-owned outlet in New Delhi at Select Citywalk mall in Saket…
• Why Experiential Retail Might Be the Secret to Customer Success
  28 jul 2022,indianretailer.com
  Experiential shopping is simply the combination of online and offline marketing, which allows retailers to target consumers with personalized experiences they are unable to get on their phones or computers…
• Ed-a-Mamma Marks its Offline Presence in the Indian Market
  28 jul 2022,indianretailer.com
  The brand has stepped into the retail market in major metropolitan cities as well as Tier II cities through Shoppers Stop and Lifestyle stores…
• Small shops need not collect 5% GST on essential items in small packs: Minister
  28 jul 2022,theprint.in
  Thiruvananthapuram, Jul 27 (PTI) Kerala Finance Minister K N Balagopal on Wednesday said small unregistered shops or those with an annual turnover of around Rs 1.5 crore are not required to collect 5 per cent GST on essential commodities sold in loose or in small packages of 1 or 2 kg…
• Avenue Supermarts’ online business more than doubled during FY22 but loss widened too
  27 jul 2022,retail.economictimes.indiatimes.com
  However, net loss at Avenue E-Commerce, the six-year-old subsidiary of India’s biggest retailer by market capitalisation, widened to Rs 142 crore. The online business brand – DMart Ready had sales of Rs 791 crore and a net loss of Rs 81 crore a year earlier when it operated only in Mumbai, according to the company’s latest annual report…
• Consumption weakness is due to the impact of inflation on the Indian consumers, particularly in rural areas: Unilever CEO
  27 jul 2022,retail.economictimes.indiatimes.com
  The British consumer goods firm said India has been a particular area of strength from a volume perspective as it saw double-digit pricing growth while still maintaining high single-digit volumes. This is despite the overall market witnessing volume decline, said the maker of Dove and Rin…
• Coke India reports best-ever quarter by volumes in April-June
  27 jul 2022,retail.economictimes.indiatimes.com
  The maker of Coke and Sprite soft drinks and Minute Maid juice said volume performance was driven by continued recovery in away-from-home channels and ongoing investments. Quincey said the beverage maker gained shares in sparkling soft drinks and juices and that it is “continuing to invest in the marketplace availability and execution to capture growth.”…
• United Spirits Q1 Results Profit soars 204% YoY; sales rise 34%
  27 jul 2022,retail.economictimes.indiatimes.com
  The company said double-digit top-line growth reflects strong consumer demand in off-trade, recovery in the on-trade channel, active portfolio management and benefit from the soft comparator…
• Asian Paints Q1 profit surges 79% YoY to Rs 1,017 crore
  27 jul 2022,retail.economictimes.indiatimes.com
  The company said the domestic decorative business experienced good consumer demand and recorded strong revenue growth for the quarter. The volume growth registered in the quarter was one of the highest in the last six quarters, it said, adding that the business also registered robust 4-year compounded growth in volume and value terms…
• AstaGuru bets on jewellery, watches
  27 jul 2022,livemint.com
  The business from these items has increased multi-fold since 2018 when the company first began experimenting with the categories, chief executive Tushar Sethi said…
• India’s inflation has likely peaked as global commodity prices moderate: Morgan Stanley Research
  27 jul 2022,livemint.com
  Moderation in commodity price hikes is expected to bring some respite to macro stability indicators. Building in the moderation in commodity prices and swifter correction in domestic food prices, we see near-term inflation trajectory improving…
• Unilever ups sales guidance after price hikes help it beat forecast
  27 jul 2022,retail.economictimes.indiatimes.com
  “The challenges of inflation persist and the global macroeconomic outlook is uncertain, but we remain intensely focused on operational excellence and delivery in 2022.” Bernstein analysts in a note deemed them a good set of results, with pricing better than expected and volumes in line and boding well for Unilever’s ability to keep investing in growth…
• Food delivery companies revamp for cost-of-living crunch
  27 jul 2022,retail.economictimes.indiatimes.com
  The loss-making food delivery sector was one of the big beneficiaries of the COVID-19 pandemic, but that effect has waned as consumers, faced with surging prices, have started to cut back…
• McDonald’s sales beat estimates on steady fast-food demand
  27 jul 2022,retail.economictimes.indiatimes.com
  Net income declined 46% to $1.19 billion, or $1.60 per share, as expenses soared. The company’s shares were down 1.3% in premarket trading…
• Malaki founders launches India’s first online B2B marketplace for beverages
  27 jul 2022,retail.economictimes.indiatimes.com
  BeverageCart is a first of its kind platform in India that will address last mile delivery for retailers and hotels, restaurants and caterers (HoReCa) channels by facilitating online wholesale orders…
• Apple ships over 1.2 million iPhones in India in Q2, logs 94% growth
  27 jul 2022,business-standard.com
  Continuing its growth in India driven by local manufacturing, Apple sold over 1.2 million iPhones in the country in the second quarter (Q2) this year, registering a massive 94% growth y-o-y…
• Fashion Festival of India by Medusa by Sonal Jindal at Ambience Mall Vasant Kunj New Delhi
  27 jul 2022,newspatrolling.com
  New Delhi, 26th July 2022: Continuing a long tradition of collaborations, Medusa is thrilled to announce a new collaboration with Ambience Mall, Vasant Kunj as they launch the first and longest ever FASHION FESTIVAL of India…
• REIT Investing: The Hassle-Free Way To Invest In Commercial Real Estate In India
  27 jul 2022,mumbailive.com
  It was long ago when the government made it possible for investors to invest in large-scale commercial real estate projects. However, it was only recently that individual investors embraced the concept of REIT investing. Real estate investment trusts allow individuals to invest in income-producing and large-scale…
• Pret A Manger-Reliance tie-up to force Indian café chains to smell the coffee
  27 jul 2022,financialexpress.com
  India may boast of the presence of several marquee international coffee chains, but none of them, with the possible exception of Starbucks, have been able to make much of an impact. The reasons are obvious; for one, India is largely a tea-drinking market, with coffee penetration still at just about 11%. Coffee remains largely an in-home consumption drink…
• Retail sector sees robust recovery in Apr-Jun; leasing activity strong: Report
  27 jul 2022,livemint.com
  New Delhi: India’s retail sector reported robust transaction activity in the second quarter of 2022 driven by a revival in physical visits by consumers even as online shopping continued to record strong growth…
• Indian E-Commerce Retail Logistics Market to be Worth $6.3 bn in FY26
  27 jul 2022,livemint.com
  The growth will be primarily driven by the Ecommerce retail market, which is expected to reach approximately $145 billion by FY26, with about 15 million daily shipments…
• Retail sector bounces back in Q2, e-com retail to touch $145 billion by 2026
  27 jul 2022,newindianexpress.com
  Although supply addition was down by more than 50% Q-o-Q during the quarter, the report notes that H1 2022 saw a more than 500% increase in project completions compared to a year ago…
• Women kirana partners lead deliveries for Flipkart in India’s remote areas
  27 jul 2022,business-standard.com
  The programme enables the kirana partners to make limited time-based deliveries contingent on their comfort and availability and has enabled large-scale participation from women…
• Retail, e-commerce fuelling growth of warehousing & logistics: Sachin Haritash
  27 jul 2022,financialexpress.com
  In an exclusive interview, Sachin Haritash, Director, Chetak Logistics, talks about the evolving trends in logistics, especially in warehousing as a support function, and shares his business outlook…
• Institutional investors bullish on commercial real estate
  27 jul 2022,financialexpress.com
  The large-scale investment by institutional investors is projected to fuel the accelerated growth of commercial realty…
• Fractional platforms lower barrier for investing in commercial realty
  27 jul 2022,business-standard.com
  With corporates asking their employees to return to office, or work at least partly out of office, occupancy levels are rising. This bodes well for commercial real estate (CRE). According to ANAROCK Research, net absorption of office space was 34.06 million square feet (sq. ft.) in FY2021-22 across India’s top seven cities, up 60 per cent over FY2020-21, and at almost 80 per cent of the pre-Covid-19 level of 43 million sq. ft. in FY2019-20. Besides real estate investment trusts (REITs), an upcoming route that retail investors can take to participate in CRE is fractional platforms…
• Rupa & Co scions take over Cloudtail’s home, kitchen and sports business
  26 jul 2022,retail.economictimes.indiatimes.com
  RetailEZ is among many new sellers that are taking over Cloudtail’s business following Amazon’s acquisition of the latter’s parent company Prione…
• Colgate, Tide maker P&G rejig price tactics to keep cash-strapped shoppers
  26 jul 2022,retail.economictimes.indiatimes.com
  Oral care company Colgate-Palmolive Co will work with retailers to see if shoppers spend more when paychecks clear, generally in the first and third weeks of the month, head of investor relations John Faucher said. That suggests consumers face more financial stress and living paycheck to paycheck…
• Century Textiles & Industries Q1 Results: Net income jumps 78% YoY to Rs 63 crore
  26 jul 2022,retail.economictimes.indiatimes.com
  The company’s Managing Director J C Laddha attributed the strong numbers to the high operational efficiency and improved market demand. The pulp and paper business has performed exceptionally well during the reporting quarter, especially with increased demand in the paper and tissue segment, he said…
• Personalization at scale: Retailers’ profitable journey to growth
  26 jul 2022,retail.economictimes.indiatimes.com
  The speed and convenience offered by e-commerce post pandemic were the driving factors of consumption in the last 18 months. However, sustained growth in retail calls for personalization at scale and that requires a more refined approach and the will to adapt to understand the evolving customer needs and result in ROI for businesses…
• E-comm retail logistics market projected at $6.3 bn by FY26: Report
  26 jul 2022,business-standard.com
  The growth will be primarily driven by the e-commerce retail market – expected to reach approximately $145 billion by FY26, with about 15 million daily shipments…
• Godrej & Boyce bets on indigenous manufacturing, aims at 15-20% revenue growth in FY23
  26 jul 2022,retail.economictimes.indiatimes.com

  The diversified conglomerate intends to strengthen its position as a global source of manufacturing with the world looking at a “China plus” policy and is planning to increase its exports by 30 per cent year-on-year for the next two years, he said…

• Indian diamond industry’s revenue set to fall 15-20% this fiscal year, Crisil says
  26 jul 2022,retail.economictimes.indiatimes.com
  Surge in Covid-19 cases has led to lockdowns in several regions in China, which is one of the largest consumers of Indian polished diamonds. Additionally, inflation and opening up of other avenues of discretionary spending, such as travel and hospitality, will dampen demand growth in the US and Europe in the near term…
• Orient Electric Q1 profit soars over 3-fold, revenue up 47.2%
  26 jul 2022,retail.economictimes.indiatimes.com
  Its revenue from the electrical consumer durables segment was at Rs 445.34 crore in the June quarter, up 37.41 per cent, as against Rs 324.09 crore…
• India second-largest phone manufacturer globally, shows govt data
  26 jul 2022,retail.economictimes.indiatimes.com
  India has emerged as the second-largest mobile phone manufacturer in the world with a 126% jump in production from financial year 2021 to fiscal 2022, shows government data…
• Foreign tourists may soon get GST refund for local shopping
  26 jul 2022,timesofindia.indiatimes.com
  NEW DELHI: The government will soon begin a pilot to refund goods and services tax (GST) paid by foreign tourists visiting India as part of a move to implement a measure that is there in the statute…
• What Are Real Estate Investment Trusts (REITs)? Benefits And Challenges
  26 jul 2022,outlookindia.com
  Embassy Office Parks Real Estate Investment Trust (Reit), India’s first Reit, expanded leased spaces in the April-June quarter, according to media reports…
• When beauty weds social, business wins
  26 jul 2022,timesofindia.indiatimes.com
  They say beauty lies in the eyes of the beholder. We can debate that, but the way forward for the beauty market certainly lies in the marriage of social and commerce…
• Retail Sales Up 13 pc in June; Sports Goods, Jewelry Log Strong Growth
  26 jul 2022,indianretailer.com
  Retailers of sports goods reported a 29 percent growth in business, while jewelers reported a strong 27 percent sales growth in the same period…
• India’s Secure & Reliable Solution for Furniture Online with More than 15000 Designs: GKW Retail
  26 jul 2022,mid-day.com
  Longevity says how many generations it can pass to, quality and designs give the insight of how desiring and appealing can the furniture become and third and the most important factor nowadays is the elegance like how aesthetic look it creates with your entire home decor! How it renders positive vibes so that you never want to get out of your house…
• Unicommerce is the toll gate to a smooth e-commerce highway
  26 jul 2022,livemint.com
  Pay-per-use model allows brands to access contemporary solutions and also manage technology costsIntegrated SaaS platform meets all technology needs to manage online operations…
• Industrial real estate developer Panattoni plans to invest over $200 mn in India
  26 jul 2022,economictimes.indiatimes.com
  Panattoni, one of the largest industrial real estate developers in the world, plans to invest over $200 million in the India market by the end of the ongoing fiscal year…
• Inflation a drag on ecommerce juggernaut
  25 jul 2022,retail.economictimes.indiatimes.com
  After multiple crests and troughs since the outset of the Covid-19 pandemic in India, ecommerce is seeing consumption growth moderating across categories, especially segments considered to be discretionary, multiple senior industry executives and analysts told ET…
• Big FMCG companies enter plant-based meat segment
  25 jul 2022,retail.economictimes.indiatimes.com
  Last week, Tata Consumer Product Ltd (TCPL) announced its entry into the plant-based meat products category, under a new brand “Tata Simply Better” and introduced four variants – Nuggets, Burger Patty, Awadhi Seekh Kebab and Spicy Finger. According to the Tata group FMCG arm, plant-based meats are at the forefront of the broader plant protein landscape, aimed at replicating the sensory and cultural resonance of animal-derived meat, but without the associated implications to the environment and health…
• Instacart founder Apoorva Mehta is calling it quits
  25 jul 2022,retail.economictimes.indiatimes.com
  Instacart announced that CEO Fidji Simo had been appointed as Chair of the Board of Directors, effective as Mehta moves out from the board once Instacart becomes a public company…
• FMCG companies plan promotions, discounts amid reduction in input costs
  25 jul 2022,retail.economictimes.indiatimes.com
  The fast-moving consumer goods (FMCG) market expanded 7% in value and fell 5% in volume in the quarter ended June. While volumes have been falling for the past three quarters, value growth has started to taper off too, said companies. Over the past month, there has been a steep correction in two crucial commodities – crude and palm oil – that together account for more than half of companies’ input costs…
• Jewellery company KGK Group expects 10-12% rise in revenue in FY23
  25 jul 2022,retail.economictimes.indiatimes.com
  The group recently acquired international brands like Martin Flyer and Gregg Ruth that assisted in their business growth augmenting the regional economy at large…
• Officer’s Choice maker Allied Blenders and Distillers sees recovery in sales
  25 jul 2022,retail.economictimes.indiatimes.com
  The sales of alcoholic beverages were largely hit by shutdowns due to the Covid-19 pandemic and a couple of policy changes, he added…
• Godrej & Boyce bets on indigenous manufacturing, aims at 20% revenue growth
  25 jul 2022,business-standard.com
  In its 125-year journey, Godrej and Boyce, the first Indian company to make typewriters, refrigerators and ballot boxes for Independent India’s maiden election, still considers indigenous manufacturing as one of its core areas to fuel growth, an official said…
• ‘Day by day’: Trade bans, inflation send food prices soaring
  25 jul 2022,retail.economictimes.indiatimes.com
  As inflation surges around the world, politicians are scrambling for ways to keep food affordable as people increasingly protest the soaring cost of living. One knee-jerk response has been food export bans aimed at protecting domestic prices and supplies as a growing number of governments in developing nations try to show a nervous public that their needs will be met…
• Vardhman Textiles Q1 reports net profit of 4.13% to Rs 313.35 crore
  25 jul 2022,business-standard.com
  The gross revenue of the company is Rs 2,731.01 crore which is higher by 44.25 per cent over the corresponding quarter of the FY22…
• Rage Coffee eyes Rs 500 crore revenue by FY25-26; expects more contribution from international market
  25 jul 2022,business-standard.com
  In an exclusive interview with ETRetail, Bharat Sethi, founder and CEO of the company said, “Currently, we are present in more than 2500 stores across India and will reach about 10,000 point of sale retail touchpoints by the end of this year.”…
• Digitisation of small businesses in India
  25 jul 2022,freepressjournal.in
  Synopsis: The success of e-commerce companies has previously shown how important it is for organisations to have a digital presence, the transition of which is accelerated by the COVID-19 pandemic. As per predictions by Technopak advisors, the retail industry in India will be worth roughly 1.5 trillion dollars. Tech startups are playing a significant role in this…
• Local levies, supply chain distortion trigger widely varying inflation levels across states
  25 jul 2022,newindianexpress.com
  The Consumer Price Index (CPI)-based inflation rate for the month of June was as high as 10.5 per cent in Telangana and as low as 4.7 per cent in Bihar, while the national average stood at 7 per cent…
• Reliance Retail’s net profit rise 114% in the June quarter while revenue expand 54%
  23 jul 2022,retail.economictimes.indiatimes.com
  Reliance’s retail division, which runs over 15,866 stores across groceries, consumer electronics and apparel, posted revenues of Rs 51,582 crore in the three months to June, with net profit at Rs 2,061 crore. The company said consumer spending got a boost as families indulged in leisure activities, socializing, festivities and shopping as the pandemic situation improved though sentiments remained cautious due to inflationary concerns…
• Flipkart Rejig: Adarsh Menon to take over Shopsy, Cleartrip, used phone business
  23 jul 2022,retail.economictimes.indiatimes.com
  Long-time Flipkart executive Adarsh Menon will take over Flipkart’s new business verticals such as the social commerce venture Shopsy, travel platform Cleartrip, and recommerce (used or refurbished phones) business, reveals an internal memo sent by Flipkart group chief executive officer (CEO) Kalyan Krishnamurthy and people who were briefed on the matter…
• Domino’s India may shift business away from delivery firms Zomato and Swiggy
  23 jul 2022,retail.economictimes.indiatimes.com
  The disclosure was made by Jubilant FoodWorks, which runs the Domino’s and Dunkin’ Donuts chain in India, in a confidential filing with the Competition Commission of India (CCI) which is investigating alleged anti-competitive practices of Zomato and Swiggy…
• Indian smartphone market down 5% in Q2 on stifled demand, says new report
  23 jul 2022,retail.economictimes.indiatimes.com
  Top Chinese brands such as Oppo, Vivo and Xiaomi also struggled with government scrutiny along with financial problems, but the report notes that the business impact has been limited, with no major changes in the vendor shares…
• Retailers bank on festive season to up sales
  23 jul 2022,retail.economictimes.indiatimes.com
  Although trade is on a recovery path, the retail sector, especially shopping malls, is banking heavily on the festival season to boost sales following the pandemic-induced slump…
• Swan Energy’s textile division expands Ahmedabad plant capacity to 3 million metres per month
  23 jul 2022,retail.economictimes.indiatimes.com
  Talking to ET, Vivek Merchant, general manager, Swan Energy said “Recently, we have been presenting our fabric range to renowned brands, retail, ready made garment manufacturers, exporters, buying houses, large traders. We are working in collaboration with the large textile corporates to explore the possibilities growing commercially.”…
• UAE accounts for 15 per cent of India’s gems and jewellery export
  23 jul 2022,retail.economictimes.indiatimes.com
  Shah was speaking at an event organised by the GJEPC and the Indian embassy in the UAE, which was the first-ever IJEX BSM in conjunction with this year’s IIJS Premiere roadshow on July 19 here…
• Tata Consumer Products expands foods portfolio
  23 jul 2022,livemint.com
  Tata Consumer has launched plant-based meat products under the ‘Tata Simply Better’ brand name and extended its Tata Sampann brand to add nuts and dry fruits…
• Crompton Greaves Consumer Electricals Q1 up 33% at Rs 125.95 crore
  23 jul 2022,retail.economictimes.indiatimes.com
  Consolidated revenue from operations in the first quarter stood at Rs 1,862.94 crore, as against Rs 1,050.48 crore in the corresponding period of the previous fiscal, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing…
• Freedeem goes an extra mile to strengthen India’s retail ecosystem against the onslaught of e-commerce giants
  23 jul 2022,aninews.in
  New Delhi [India], July 22 (ANI/PNN): As the Central Government has expressed concern about the impact of e-commerce giants on small retailers in the country, Freedeem has gone above and beyond to strengthen India’s retail ecosystem with its first-of-its-kind digital platform…
• Electrolux misses profit forecast hit by supply chain, North America loss
  23 jul 2022,retail.economictimes.indiatimes.com
  Europe’s biggest home appliances maker said it expected those supply chain constraints to ease in the second half of the year but warned of continued disruption risks ahead due to the coronavirus and war in Ukraine…
• GOZOOP Group wins the Public Relations mandate for Infiniti Mall
  23 jul 2022,afaqs.com
  Independent marketing group, GOZOOP Group has bagged the public relations mandate for Infiniti Mall, Mumbai’s premier destination for shopping, entertainment and food…
• Coffee with BS: What makes Ajay Bijli the Godfather of India’s multiplexes
  23 jul 2022,business-standard.com
  Things are looking good. And PVR posting its first profit this week, after two dark years, is the cherry on the cake…
• SustainKart extends to offline with Flagship Store in Hyderabad
  23 jul 2022,indianretailer.com
  The Hyderabad-based Phygital startup has the vision to foster sustainable, environmentally-conscious habits by changing the spending patterns of Indians on their lifestyle goods…
• CBDC Introduction in Phased Manner for Wholesale, Retail Sectors in the Works: Official
  23 jul 2022,news18.com
  The RBI has been able to conduct a pilot and subsequent issuance of CBDC with the passage of the Finance Bill 2022, the central bank has said…
• Reliance Brands signs long-term distribution agreement with Valentino
  22 jul 2022,retail.economictimes.indiatimes.com
  Through this long-term partnership, Reliance Brands Limited (RBL) will partner with Valentino to open its first boutique in Delhi, followed by a flagship store in Mumbai…
• Uttar Pradesh to see Rs 700 crore investment from Hindustan Unilever by 2025
  22 jul 2022,retail.economictimes.indiatimes.com
  During the inauguration of a spray dried detergent powder manufacturing unit of Hindustan Unilever India in the Harimpur district, Adityanath praised Bunelkhand’s progress, saying that it “is becoming a heaven on earth today,” and that it used to be a place “from where investors used to run away and youth used to flee”…
• ITC likely to exit lifestyle retail segment, says Puri
  22 jul 2022,retail.economictimes.indiatimes.com
  ​Tobacco-to-FMCG-to-hospitality conglomerate ITC is finally exiting the lifestyle business, which it had entered almost two decades back under Wills Lifestyle brand. ITC chairman Sanjiv Puri on Thursday made it clear in no uncertain terms that in all practicality it is exiting the segment…
• PVR Q1 Results: Firm swings to profit after two years; revenue jumps
  22 jul 2022,retail.economictimes.indiatimes.com
  ​Its revenue from operations rose to Rs 981.40 crore in comparison to a lower base of Rs 59.39 crore in the corresponding quarter last fiscal, when the screening business was disrupted due to the second wave of the coronavirus pandemic…
• NRAI to issue advisories to members on service charge declaration on menu, in-store posters, tables
  22 jul 2022,retail.economictimes.indiatimes.com
  This follows the Delhi High Court staying guidelines issued by Central Consumer Protection Authority (CCPA) which prohibited restaurants and hotels from levying service charges on bills…
• Emami acquires 30% stake in a pet-care startup Cannis Lupus Services
  22 jul 2022,retail.economictimes.indiatimes.com
  “The extensive knowledge and experience of pet care and pet training acquired by Cannis Lupus over the years would be helpful in developing and scaling up the business soon. Cannis Lupus under the brand ‘Fur Ball Story’ would thus be focusing on the fast-growing pet care segment with its Ayurvedic range,” the statement added…
• E-commerce enabler GoKwik appoints Amitt Sharma as its chief customer officer
  22 jul 2022,retail.economictimes.indiatimes.com
  ​The company said he would help drive GoKwik’s vision to maximize the value delivery to its clients and would be responsible for creating an enablement layer within the team to scale best practices to fuel growth and retention initiatives…
• Retail spreads its wings, but without much fashion
  22 jul 2022,retail.economictimes.indiatimes.com
  The share of homeware and department stores, entertainment and superstores have increased in overall leasing while the share of fashion and apparel fell significantly to 28% from 41% in the previous quarte…
• ADB cuts India’s GDP growth forecast to 7.2% for this fiscal
  22 jul 2022,livemint.com
  BENGALURU : The Asian Development Bank on Thursday cut its economic growth forecast for India to 7.2% for 2022-23 from 7.5% estimated in April because of higher-than-expected inflation and monetary tightening. It also lowered the GDP growth estimate for 2023-24 to 7.8% from the 8% estimated earlier…
• RIL Q1 results preview: Operating profit likely to record triple-digit growth on robust O2C biz
  22 jul 2022,livemint.com
  In Q1 of this fiscal, spike in petrol and diesel prices are likely to drive RIL’s refining margin which in turn will lead to strong growth in the O2C segment. RIL’s consolidated operating profit may record triple-digit growth due to robust O2C business…
• Is the FMCG sector coming out of the woods?
  22 jul 2022,business-standard.com
  The FMCG sector went through a difficult phase in the last two years. But, after the recent drop in commodity prices, are things looking up for the sector now? Our next report takes a deep dive…
• Skittles complies with local regulations: Mars
  22 jul 2022,retail.economictimes.indiatimes.com
  A spokesperson for Mars Wrigley India said: “While we do not comment on pending litigation, our use of titanium dioxide complies with FDA and local regulations.” The company, which makes Galaxy, Snickers, Twix and Bounty, in the country, said its use of ingredients is “as per defined limits”…
• Domino’s Pizza profit sliced by higher costs, labor crunch
  22 jul 2022,retail.economictimes.indiatimes.com
  The world’s largest pizza chain has had to spend more on ingredients from grains to oil since the Russian invasion of Ukraine, adding to the headaches of a company already grappling with rising freight and labor expenses…
• BIS asks consumers to buy toys bearing ‘ISI mark’
  22 jul 2022,retail.economictimes.indiatimes.comISI mark on a product certifies that product has been manufactured as per standards set by the BIS, which is a national standard setting body that functions under the Consumer Affairs Ministry…
• Retailers bank on festive season to up sales
  22 jul 2022,timesofindia.indiatimes.comBENGALURU: Although trade is on a recovery path, the retail sector, especially shopping malls, is banking heavily on the festival season to boost sales following the pandemic-induced slump…
• House of Candy wants everyone to feel like Charlie in the chocolate factory
  22 jul 2022,yourstory.com
  Delhi-based House of Candy is a confectionery brand that introduced the pick-and-mix concept for candies in India…
• Online retail may hit Rs 4.9-trillion GMV this year: RedSeer report
  22 jul 2022,yourstory.comIn the India e-tailing GMV Index, there is a monthly growth comparison. In 2022, this was 60 per cent higher in April than April 2021…
• Delhi HC stays guidelines that prohibited restaurants from levying service charges
  21 jul 2022,retail.economictimes.indiatimes.com
  The CCPA guidelines issued on July 4 stated that no hotel or restaurant shall add service charge automatically or by default in the bill and that the service charge shall not be collected from consumers by any other name…
• No GST on 14 mass consumption items when sold loose
  21 jul 2022,retail.economictimes.indiatimes.com
  Defending the imposition of 5% GST on food articles such as cereals, rice, flour, pulses and curd, which are pre-packaged and labeled, FM Sitharaman said that it was a unanimous decision of the GST Council last month in which even non-BJP ruled states were present…
• ITC to expand exports of FMCG products to aid growth in revenue, says MD Sanjiv Puri
  21 jul 2022,retail.economictimes.indiatimes.com
  Addressing shareholders in the company’s 111th annual general meeting held virtually on Wednesday, Puri said the company intends to scale up the FMCG portfolio and take these world-class brands to more overseas markets. “At present, we have already inked distribution agreements in 60 countries. Over time, such exports will add a significant contribution to revenue,” he said…
• Emami Agrotech launches spices range across the country, eyes Rs 700-1000 cr revenue in 5 years
  21 jul 2022,retail.economictimes.indiatimes.com

  Emami Agrotech soft-launched its spice range three years back in West Bengal. Commenting on how the business has performed till now, Krishna Mohan Nyayapati, Director of the company said “Except for the time we were impacted by COVID, the brand has been taken up very well. We have ticked all the boxes of the brand being well accepted by the consumer and got the right advertising and distribution mix. We have now ventured into other parts of the country.”…

• Higher customs duty to hit gold jewellery demand this fiscal: Report
  21 jul 2022,retail.economictimes.indiatimes.com
  According to the report, the customs duty hike is likely to lead to higher gold prices for end consumers and may curtail demand in terms of volume, which is likely to fall by 5 per cent this fiscal to 550 tonnes. In the year-ago period, the same stood at 580 tonnes…
• Logistics startup Shipway launched 5-in-1 App to boost shipping capabilities for D2C ecosystem
  21 jul 2022,retail.economictimes.indiatimes.com
  Recently, the Indian eCommerce market has seen epidemic growth. Loads of direct-to-consumer(D2C) companies are entering the market every day. Some of them see the light of the day and become unicorns while some of them get lost in the dark…
• Hatsun Agro breaches Rs 2,000 crore sales mark in April-June quarter
  21 jul 2022,retail.economictimes.indiatimes.com
  Strong sales recovery in the domestic market post the COVID-19 pandemic with good summer sales led to highest ever quarterly sales volume, company chairman RG Chandramogan said in a statement here…
• Swiggy may get Oyo’s Rohit Kapoor to head food delivery business
  21 jul 2022,financialexpress.com
  Prior to working with SoftBank-backed OYO, Kapoor was employed at consulting firm Mckinsey&Co for over 10 years. He has also had a short stint with Max India Limited and group companies…
• Burger Singh raises Rs 30 crore in series A funding round
  21 jul 2022,retail.economictimes.indiatimes.com
  Prior to working with SoftBank-backed OYO, Kapoor was employed at consulting firm The company aims to deploy these funds towards its growth plans to launch an additional 120 food court outlets in FY 23. Also, the brand said the latest funds will be used to expand the business and support existing franchise owners…
• Havells Q1 net profit rises to Rs 243 crore
  21 jul 2022,retail.economictimes.indiatimes.com
  Havells India Chairman and Managing Director Anil Rai Gupta said the company has a “robust revenue growth” in first quarter of FY23 over the corresponding quarter, which was disrupted by the second wave of the pandemic…
• Co-retailing shaping the retail landscape; Developers innovating with the format
  21 jul 2022,financialexpress.com
  One recent concept that is emerging in the Indian context is that of co-retailing, where two or more than two brands share a retail space, thus adding to the lucrativeness of the proposition being offered…
• Gold jewellery retail volumes may fall 5% in FY23: Crisil
  21 jul 2022,fortuneindia.com
  Though higher gold prices will compensate for the volume loss and ensure the industry’s revenue remains flat year-on-year, operating margins would be impacted…
• FM Nirmala Sitharaman clarifies on GST rates on certain items, says decision taken to curb tax leakage
  20 jul 2022,retail.economictimes.indiatimes.com
  Finance Minister Nirmala Sitharaman on Tuesday took to Twitter to clarify the decisions taken by the GST Council in its 47th meeting. The council recommended reconsidering the approach for the imposition of GST on specified food items like pulses, cereals, flour etc…
• HUL Q1 Results: Profit jumps 11% YoY to Rs 2,289 crore, beats estimates; revenue rises 19.5%
  20 jul 2022,retail.economictimes.indiatimes.com
  The company said its Home Care segment delivered 30 per cent growth driven by strong performance in Fabric Wash and Household Care. Both categories grew in high double-digits, with all parts of the portfolio performing well, it said…
• Amul cooperative’s group turnover rises 15 pc to Rs 61,000 crore
  20 jul 2022,retail.economictimes.indiatimes.com
  According to the federation, GCMMF and its constituent member unions registered a group turnover of Rs 61,000 crore in 2021-22, a rise of Rs 8,000 crore compared to Rs 53,000 crore in 2020-21…
• FMCG companies see rural demand revival
  20 jul 2022,retail.economictimes.indiatimes.com
  Edible oil and packaged commodity firm Adani Wilmar reported 10-12% incremental sequential growth so far in July over June. Executives of Emami and RSPL Group, which owns Ghari brand of detergent and Venus soap, said the recovery will gather pace now…
• Indians spending less due to reduced income: Godrej Consumer Products
  20 jul 2022,retail.economictimes.indiatimes.com
  A top executive of GCPL said reduced discretionary spending is a bigger concern than inflation to the Fast Moving Consumer Goods (FMCG) industry. The affected people are rebuilding their savings which got exhausted or decreased on medical or funeral expenses during the pandemic, the executive added…
• HC for Centre’s stand on CCPA guidelines prohibiting restaurants from levying service charges
  20 jul 2022,retail.economictimes.indiatimes.com
  The petition filed by the National Restaurant Association of India (NRAI) challenged the CCPA’s July 4 guidelines which barred hotels and restaurants from levying service charges automatically or by default in food bills…
• Shopify partners with YouTube to shore up sales from content creators
  20 jul 2022,retail.economictimes.indiatimes.com
  The partnership, which builds on an existing one with Google, will allow merchants to integrate their online stores with YouTube, which reaches over two billion monthly users…
• Reducing variability in D2C supply chain with inventory placement solutions
  20 jul 2022,retail.economictimes.indiatimes.com
  Commenting on what D2C supply chains of today are doing differently to offer an improved customer experience, Meghana Narayan, co-founder, Slurrp Farm said that the third party logistics providers and innovations in supply chain have supported the growth of personalisation in D2C…
• Companies make over 25 kg packs to avoid 5% GST
  20 jul 2022,retail.economictimes.indiatimes.com
  The CBIC on Sunday clarified that pre-packaged food items weighing more than 25 kg in a single packet would be exempted from GST. The 5% levy on smaller packets came into effect Monday…
• Inflation and market condition are still concerns; says HUL CMD Sanjiv Mehta
  20 jul 2022,retail.economictimes.indiatimes.com
  “The (FMCG) market volume growth still remains minus 5 per cent in the last three months. It hasn’t gone away. It hasn’t turned positive at all and the value growth is of course 7 per cent,” Hindustan Unilever MD and CEO Sanjiv Mehta said on Tuesday…
• DLF Aims To Double Retail Presence In 4-5Yrs, Building New Malls: Chairman Rajiv Singh
  20 jul 2022,outlookindia.com
  At present, DLF has a retail footprint of 42 lakh square feet comprising eight properties, including malls and shopping centres, mainly across Delhi-NCR…
• Iconic Madame Tussauds wax museum returns, this time in Noida
  20 jul 2022,financialexpress.com
  The house of wax that had closed its doors during the pandemic is now back in business with a fresh perspective and great expectations. Madame Tussauds India reopened at a new location – DLF Mall of India in Noida — on Tuesday, unveiling its wax figures from their earlier venue at Connaught Place…
• Enabling commercial spaces for EVs: Five reasons why
  20 jul 2022,timesofindia.indiatimes.com
  Here is some data to chew on. In its Electric Vehicle Outlook 2022 report, Bloomberg NEF projects that plug-in vehicles are predicted to make up 23% of new passenger vehicle sales globally in 2025…
• Lulu Mall’s parent company has Rs 14,000 crore expansion plans in India
  20 jul 2022,businesstoday.in
  While announcing the launch of the Lulu Mall in Lucknow in February 2018, Yusuffali MA, Chairman and Managing Director of Lulu Group told Prime Minister Narendra Modi that the group has earmarked $2 billion or Rs 14,000 crore for the Indian market…
• Starting with one store, how PVR-backed 4700BC Popcorn expanded to nine countries
  20 jul 2022,yourstory.com
  Chirag Gupta, founder of premium gourmet popcorn brand 4700BC Popcorn, talks about building a premium snacking brand, fighting all odds, and taking the Indian brand international…
• KISNA plans rapid retail expansion across India
  20 jul 2022,retail4growth.com
  Giving a sneak peek of the proposed KISNA store design with a 3D walk-through of the franchise model, as part of its 18th anniversary celebrations at Kisnaya 2022,KISNA Real Diamond and Gold Jewellery revealed that it aims to further strengthen associations with new and existing retailers throughrapid franchise expansion across India in the near future…
• Victoria’s Secret to open physical store in Mumbai, India
  20 jul 2022,retail-insight-network.com
  The retailer plans to expand its store network in the country over the next three to five years…
• Storyboard18 | Future Group’s Pawan Sarda joins farm-to-retail brand Wingreens
  20 jul 2022,moneycontrol.com

  Pawan Sarda, who was Future Group’s chief marketing officer (CMO) quit the company to join D2C-born brand Wingreens as CMO and head of direct-to-consumer…

• Snapdeal’s launch on ONDC next month to cover more than 2,500 cities and towns
  19 jul 2022,retail.economictimes.indiatimes.com
  At the time of launch, more than 2,500 cities and towns across the country will be enabled for access and more cities and towns will be added as per ONDC network expansion during the year…
• Pre-packaged food set to become dearer by 5-8%
  19 jul 2022,retail.economictimes.indiatimes.com
  ​​The levies come at a time when commodity costs had been cooling down, which had led companies to state they would not increase prices further, and on the eve of the festive season when consumption peaks…
• It is boom time for dairy sector; Amul’s Q1 growth is over 36%: MD
  19 jul 2022,retail.economictimes.indiatimes.com
  “Among all the food items, the minimum price increase has happened in milk, only 8-9% in the last one and a half-two years. Amul or the other cooperatives or the dairy sector is also paying around 8% to 9% more price for milk compared to previous year. But then the cost of production of milk for the farmer has increased around 15% to 20% because the cattle feed ingredients.”…
• Mall operators don’t have room for brands with poor sales
  19 jul 2022,retail.economictimes.indiatimes.com
  Listed retailers are expected to post strong double-digit sales growth in the quarter ended June, the first disruption-free quarter for the retail sector after two years of Covid-19 impact in the base quarter…
• The future of food retail is organic
  19 jul 2022,retail.economictimes.indiatimes.com
  Over the last couple of years, the growth in demand for organic foods in India is driving a huge shift in terms of awareness, pricing, and transparency expectations among retail consumers. With consumers today becoming increasingly mindful and conscious about the products they buy, brands and grocers now need to align every stage of the value chain to a discerning market and government regulations…
• Retailers report slow growth rate as inflation starts impacting consumer spending
  19 jul 2022,retail.economictimes.indiatimes.com
  In June 2022, the growth in sales compared to pre-pandemic time (June 2019) is noticeable across regions too with sales in East India growing to 17%,North India showing a growth of 16%, West India indicating 11%, and South India showing a growth of 9%. The headwinds of inflation on consumer spending is still a worry and may impact the upcoming festive fervour, said RAI…
• Reducing variability in D2C supply chain with inventory placement solutions
  19 jul 2022,retail.economictimes.indiatimes.com
  Commenting on what D2C supply chains of today are doing differently to offer an improved customer experience, Meghana Narayan, co-founder, Slurrp Farm said that the third party logistics providers and innovations in supply chain have supported the growth of personalisation in D2C…
• Supply chains inching back to normal brace for headwinds of softer demand
  19 jul 2022,retail.economictimes.indiatimes.com
  Citi cautioned against declaring an “all clear” on the supply front, and there are reasons to doubt whether clogs in the plumbing of global trade will be cleared any time soon — as the following lineup of charts illustrates…
• Victoria’s Secret to launch its first offline store in Mumbai, plans to open 10 stores in 3-5 years

  19 jul 2022,retail.economictimes.indiatimes.com
  The store will be spread across an area of 5,000 square feet and will host three brand categories – Victoria’s Secret which is the flagship lingerie range of the retailer, Victoria’s Secret Beauty which sells perfumes and body care products and Victoria’s Secret Pink which sells intimate wear along with athleisure wear…

• Homegrown cosmetics brands have room for further growth
  19 jul 2022,livemint.com
  Building a brand in the country’s beauty market has historically been harder than building one in its personal care space, where we have seen the mushrooming of many more brands…
• Aero mall to come up at Pune airport
  19 jul 2022,hindustantimes.com
  Pune: Pune airport will set up retail and co-working centre “Aero Mall” at the new building having multilevel car parking facility (MLCP). The shopping mall-cum-co-working space is expected to be launched on October 15…
• SustainKart launches first flagship store in Hyderabad
  19 jul 2022,uniindia.com
  Hyderabad, July 18 (UNI) SustainKart, India’s first ecommerce marketplace for sustainable products, on Monday announced the launching of its maiden flagship store in Hyderabad…
• BlueStone Expands Offline Presence, Opens 100th Store
  19 jul 2022,indianretailer.com
  Across India, the company is now present in 38 cities majorly across Maharashtra, Karnataka, Uttar Pradesh and New Delhi…
• Bhima Jewels expands offline presence, Opens Stores In Hyderabad
  19 jul 2022,indianretailer.com
  Besides the flagship store at Somajiguda and the second store at AS Rao Nagar, more stores will soon come up at Kukatpally, Dilsukhnagar and other locations spread across Telangana and Andhra Pradesh…
• Tanishq expands retail presence in south India with store in Tamil Nadu
  19 jul 2022,fashionnetwork.com
  The new store is spread across an area of 7000 sq ft and houses over 4000 designs across gold, diamonds, solitaires, and platinum…
• V-Mart announces 70% off on select merchandise in ‘Happiness Sale’
  19 jul 2022,fashionnetwork.com
  Gurugram, July 18: Leading value-fashion retailer, V-Mart, has announced its end-of-season sale (EOSS) event applicable to its 392 stores spread across the country. This sale period is a unique opportunity for fashion discerning customers who are looking to refresh their wardrobe at a pocket-friendly price…
• Mango Clocks $1.2B First Half, Looks to Teens for Growth
  19 jul 2022,sourcingjournal.com
  Zara and Pull & Bear parent Inditex saw significant revenue growth of 36 percent to $7.2 billion in the second quarter on $822.6 million in net profit, even as its Russian and Ukrainian operations remains on pause. Chief rival H&M also shrugged off these market closures to reel in $5.3 billion in sales, a 17 percent jump on the prior-year figures on $360 million in profit…
• ‘India’s first shopping mall-cum-coworking facility to come up in Pune’
  18 jul 2022,business-standard.com
  India’s first shopping mall-cum-coworking facility, housing some of the niche retail brands, is expected to be launched in Pune in mid-October, according to Anarock Retail…
• KDM India’s CEO, Nilesh Mali Gets Honoured With Bharat Gaurav Award For Contributing In The Success Of Make In India Campaign
  18 jul 2022,telegraphindia.com
  Nilesh Mali, KDM India’s CEO is one of the most prominent businessmen in India. Ever since he started KDM in 2011, he has been serving the demands of a huge section of the Indian demographic with great quality and economical mobile accessories. With this, he’s not just helping a huge population meet their lifestyle-related demands, he’s also helping the national economy and boosting the Make In India program…
• Supertech puts on sale two hotels, two malls to raise Rs 1,000 crore for completing projects

  18 jul 2022,realty.economictimes.indiatimes.com
  In a statement, Noida-based Supertech Ltd said that the company has put its assets — shopping malls and hotels — in Meerut and Haridwar on sale with the “target of raising funds to the tune of Rs 1,000 crore.”…

• CBIC clarifies ambiguity on GST on pre-packaged items, new rates from Monday
  18 jul 2022,realty.economictimes.indiatimes.com
  Also the clarification said that if several packages intended for retail sale to the ultimate consumer, say 10 packages of 10 Kg each, are sold in a larger pack, then GST would apply to such supply. Such a package may be sold by a manufacturer through a distributor…
• Wine producer Sula Vineyards files IPO papers with Sebi
  18 jul 2022,retail.economictimes.indiatimes.com
  The Nashik-based wine maker is one of the fastest growing alcoholic beverage companies in India as of March 31, 2021 and has grown at a CAGR of 13.7 per cent between fiscals 2011 and 2021, according to Technopak report as mentioned in the DRHP…
• Electronic industry given option to declare some mandatory details on package via QR code
  18 jul 2022,retail.economictimes.indiatimes.com
  The additional mandatory declarations such as the address of the manufacturer or packer or importer, the common or generic name of the commodity, the size and dimension of the commodity and customer care are allowed through QR code…
• Flour, pre-packed food to attract 5% GST
  18 jul 2022,retail.economictimes.indiatimes.com
  Flour, curd and pre-packed food items are set to get costlier from Monday as the customers will have to pay 5 per cent GST on them…
• Festive hiring spurts 25-30% after 2-year gap
  18 jul 2022,retail.economictimes.indiatimes.com
  Most of the staffing is for last-mile delivery, supply chain, warehousing, customer service and manufacturing. “We are hiring across a wide range of roles in supply chain, such as sorter, picker, data entry operator and delivery executives,” said a spokesperson for online fashion, electronics and household products platform Flipkart…
• Grameen e-Store’s turnover jumps 100% to Rs 581 crore
  18 jul 2022,retail.economictimes.indiatimes.com
  ​​“In 2021-22, we enabled and turned more than 3.16 lakh village level entrepreneurs (VLEs) of CSC to turn into Grameen e-store. Of that, nearly 1.25 lakh were regularly active and placed orders for various products from distributors,” a senior government official said…
• Ensuring faster D2C deliveries with analytics and warehouse management
  18 jul 2022,retail.economictimes.indiatimes.com
  Presenting his views, Shankar Prasad, founder and CEO, Plum Goodness, said that with 3PL the evolution has been quite heartening. From the initial horizontal expansion of adding more pin codes to developing the ability to process returns, there have been a lot of technology based interventions in the industry, said Prasad adding that “What we need is same day delivery to be democratized.”…
• Consumer sentiment among urban Indians dips in July: Survey
  18 jul 2022,livemint.com
  NEW DELHI: Consumer sentiment among urban Indians dipped in July after showing improvement in June, according to the monthly India Refinitiv-Ipsos Primary Consumer Sentiment Index released Friday…
• Q1 GDP growth seen at 14-15% on services’ revival
  18 jul 2022,retail.economictimes.indiatimes.com
  The median estimate in the poll of 10 economists was 14.43%. It pegged FY23 growth at 7.2-7.6%. The Reserve Bank of India (RBI) has forecast 16.2% GDP growth for the first quarter and 7.2% for the fiscal year…
• Brands now rope in regional influencers to win over small towns, villages
  18 jul 2022,retail.economictimes.indiatimes.com
  Influencer marketing is changing the rules of brand outreach as social media has emerged as one of the primary influences for people in non-metro regions to make buying decisions, experts said…
• Footwear brand Plaeto raises funds from Florintree, others
  18 jul 2022,livemint.com
  MUMBAI : Bengaluru-based Plaeto, a D2C footwear brand for children, has raised Rs40 crore in a Series A round of funding led by former Blackstone India private equity co-head Mathew Cyriac’s Florintree Advisors and other investors…
• Tea producers reinvent business, adapt online blend for consumer connect
  18 jul 2022,business-standard.com
  Data available on the Tea Board website showed that India’s production in 2020-2021 had stood at 1,283.03 million kg and volumes at the auctions were around 547 mkg…
• MeitY flags revenue dept’s move to levy customs duty on phone display parts
  18 jul 2022,retail.economictimes.indiatimes.com
  The seeming differences in views between the two departments, government and industry executives say, is relevant for duty evasion notices that the Directorate of Revenue Intelligence (DRI) has served on Chinese smartphone majors Oppo and Vivo…
• Metro AG: In deal season, German cash & carry chain feels the heat in India
  18 jul 2022,business-standard.com
  The low-profile German cash & carry chain is suddenly finding itself at the centre of controversy as negotiations for the sale of its India business get underway…
• Desi e-tools aiding financial inclusion
  18 jul 2022,business-standard.com
  NEW DELHI: India has witnessed a revolution in the digital payment space aided by the massive adoption of smartphones. The demonetisation move announced by the Centre in 2016 and the Covid-19 pandemic have triggered deeper acceptance of digital modes of payment and led to faster financial inclusion across the country…
• This woman entrepreneur started up in her 40s and built a Rs 40 Cr turnover global ethnic wear brand
  18 jul 2022,yourstory.com
  Started in 2010 by entrepreneur Sheetal Kapoor and her husband Sandeep, Delhi-based Shree is a global Indian ethnic wear brand, with over 100 stores across India and Dubai…
• Oberoi Realty posts net profit of Rs 403.08 crore in Q1 FY23
  16 jul 2022,realty.economictimes.indiatimes.com
  The company’s net consolidated income stood at Rs 934.81 crore in Q1 FY23, a growth of 217 per cent from Rs 294.77 crore it recorded in the similar quarter last year…
• Egrocer BigBasket’s revenue crosses Rs 7,000 crore in FY22, losses jump four times
  16 jul 2022,realty.economictimes.indiatimes.com
  Its total expense jumped 26% on year to Rs 7,931 crore in FY22. BigBasket runs on an inventory-led model and its biggest expense was the cost of goods, which increased 7% to Rs 5,807 crore…
• LG Electronics becomes the leader in dual inverter AC market
  16 jul 2022,realty.economictimes.indiatimes.com
  The achievement comes at a time when LG has committed to invest into manufacturing of AC components like compressors and heat exchangers in India under the government’s flagship Production Linked Incentive (PLI) scheme. This will be the first time the company will be manufacturing these components in the country. Deepak Bansal, vice president (home appliances and air conditioner) at LG Electronics India said, LG was the first company to shift its entire AC product portfolio to inverter technology way back in 2016…
• Xiaomi India elevates Murlikrishnan B to president, Raghu Reddy made sales head
  16 jul 2022,retail.economictimes.indiatimes.com
  Murlikrishnan B, who was the chief operating officer, will now be responsible for the day to day operations, services, public affairs, strategic projects, India’s smartphone market leader said in a statement Friday…
• Nokia phone maker HMD to focus on affordable 5G market in India: Florian Seiche, CEO
  16 jul 2022,retail.economictimes.indiatimes.com
  Nokia phone maker HMD to focus on affordable 5G market in India: Florian Seiche, CEO…
• KFC appoints Moksh Chopra as GM, India, Nepal, Bangladesh, Sri Lanka, Maldives
  16 jul 2022,livemint.com
  NEW DELHI: Fast food chain KFC India on Friday announced the appointment of Moksh Chopra as the chain’s general manager in India, Nepal, Bangladesh, Sri Lanka and Maldives, effective 15 July…
• Relief for FMCG cos as input prices ease
  16 jul 2022,livemint.com
  NEW DELHI : Cooling commodity prices are expected to ease the pressure on packaged consumer goods companies, which have taken a series of price hikes to protect margins, company executives and industry analysts said, even though consumers will have to wait longer for relief…
• Amazon reducing its private-label items as sales fall – WSJ
  16 jul 2022,retail.economictimes.indiatimes.com
  The company has also discussed the possibility of exiting the private-label business entirely to alleviate regulatory pressure, the report added. Amazon, however, said it has never considered closing the private label business…
• Gartex Texprocess joins hands with Maskati Cloth Market Mahajan
  16 jul 2022,retail.economictimes.indiatimes.com
  Messe Frankfurt Trade Fairs India and MEX Exhibitions have announced their association with FABEXA, an arm of Ahmedabad’s nodal textile trade body Maskati Cloth Market Mahajan for the Delhi edition of Gartex Texprocess India 2022…
• Uniqlo owner posts record quarterly profit, lifts annual forecast
  16 jul 2022,retail.economictimes.indiatimes.com
  Operating profit for the three-month period to the end of May jumped 37% from a year earlier to 81.8 billion yen ($587.4 million), an all-time high, the company said in a statement, as it lifted forecasts for sales and earnings for the full fiscal year…
• Skincare brand Inde Wild enters India in partnership with Nykaa
  16 jul 2022,retail.economictimes.indiatimes.com
  The launch comes amid a slew of international beauty brands like Canada-based The Ordinary also entering the domestic market in partnership with Nykaa…
• Voltas sells close to 1.2 million units of AC in the first half of 2022
  16 jul 2022,retail.economictimes.indiatimes.com
  The company registered over 60 per cent volume growth in AC sales during the period H1 CY22, and a “triple digit volume growth” in Q1 FY23, it added…
• Bluestone opens its 100th retail store in India
  16 jul 2022,fashionnetwork.com
  Leading fine jewellery brand Bluestone has strengthened its retail presence with the launch of 100th store in City Centre in Siliguri, West Bengal…
• Nilesh Mali’s brand KDM offers affordable lifestyle products to remote Indian markets
  
  16 jul 2022,indiatoday.in
  Nilesh Mali is one of the biggest businessmen in India. His story from rags to riches is just incredible, and the way he has moved towards success step by step is an inspiration to many. The genius entrepreneur based in Jalour, Rajasthan came to Mumbai when he was very young. Being from a humble background, he didn’t have strong options and hence, started doing odd jobs at retail shops. Taking small but strong steps from there, he started his own company named KDM in 2011…
• M3M India, a game changer in luxury, residential and retail sector
  16 jul 2022,indiatoday.in
  Gurugram: The real estate sector has witnessed significant growth in both the residential as well as commercial sector in the year 2021-22…
• Retail Samvad Industry Leaders Advocate for an Industry Status and an Integrated Retail Policy for the Retail Sector in India
  16 jul 2022,theweek.in
  In continuation of its efforts to future-proof small retailers, Kiranas and MSMEs through constructive policy-making, the Federation of Indian Chambers of Commerce & Industry (FICCI) and the Center of Policy Research…
• Bhima Jewels Opens Stores In Hyderabad; Plans Rs 1000 Cr Investment
  16 jul 2022,theweek.in
  Hyderabad : Bhima Jewels, the leading retailer in Gold & Diamond Jewellery, with over 50 stores across India & UAE, has opened two State-of-the-art jewellery retail outlets in Hyderabad, the City of Pearls. Malla Reddy, Minister for Labour and Employment, inaugurated the store…
• Singapore’s GIC to invest Rs 2,800 crore in Bhartiya Group’s Bengaluru project
  15 jul 2022,realty.economictimes.indiatimes.com
  The Bhartiya Group will use the money to repay part of its debt, they said. “The firm has a debt of over Rs 1,000 crore against the commercial development,” said one of the persons cited earlier…
• Adani Group to buy land from K Raheja Corp for Rs 1,500 crore
  15 jul 2022,realty.economictimes.indiatimes.com
  In February 2021, Adani Group’s flagship company Adani Enterprises entered into a 50:50 joint venture with EdgeConneX to develop and operate data centers throughout India…
• Colliers appoints Peush Jain as managing director for office services
  15 jul 2022,realty.economictimes.indiatimes.com
  “Peush will focus on leasing, tenant representation, portfolio assessment and acquisitions for occupiers,” said Ramesh Nair, CEO, India, Colliers…
• Marico expects better demand, margin in H2FY23 on likely cooling of commodity prices
  15 jul 2022,realty.economictimes.indiatimes.com
  On the margin front, Marico, which has oil brands such as Saffola and Parachute in its portfolio, said there is “some degree of comfort” given that copra price, which constitutes about half of its raw material basket, is expected to remain benign…
• Four Dabur brands cross Rs 1,000 crore sales and two over Rs 500 crore
  15 jul 2022,realty.economictimes.indiatimes.com
  The four brands are Dabur Amla, Dabur Vatika, Dabur Red Paste and juice brand Real. For the financial year ended on March 31, 2022, Dabur India’s revenue from operations was at Rs 10,889 crore, witnessing the highest annual revenue growth in the last eight years…
• CBIC brings simplified regulatory framework for e-commerce jewellery exports via courier
  15 jul 2022,retail.economictimes.indiatimes.com
  The simplified regulatory framework for e-commerce exports of jewellery through courier mode has been issued on June 30 by the Central Board of Indirect Taxes and Customs (CBIC) in the form of a Standard Operating Procedure (SOP)…
• Wipro Consumer Care forays into packaged food business
  15 jul 2022,retail.economictimes.indiatimes.com
  Wipro Consumer Care & Lighting CEO Vineet Agrawal said, “Our decision to enter packaged food business would complement our existing categories in personal care, thus building a complete offering in the FMCG space in India.”…
• Spices to soaps: Prices of consumer items have spiked up to 32% in a year
  15 jul 2022,business-standard.com
  Consumer-focused companies have been left with few options but to increase the prices of their products as input costs mount because of various factors, including supply chain disruptions. This has been affecting monthly household budgets…
• Flipkart ventures into NFTs with Nothing’s airdrop
  15 jul 2022,livemint.com
  Nothing is a UK- based consumer electronics brand which launched its first smartphone Nothing Phone 1 this week. To create hype around the launch, the company has released an NFT collection called Nothing Community Dots and is using the Polygon blockchain to host it…
• India’s June WPI inflation comes in at 15.18%
  15 jul 2022,retail.economictimes.indiatimes.com
  The high rate of inflation in June, 2022 is primarily due to rise in prices of mineral oils, food articles, crude petroleum & natural gas, basic metals, chemicals & chemical products, food products etc. as compared to the corresponding month of the previous year…
• Footwear brand Neeman’s conversion rates increase 30% post GoKwik partnership
  15 jul 2022,retail.economictimes.indiatimes.com
  Conversion rate is the percentage of visitors to an e-commerce website and buying products. On average, the conversion rate for most e-commerce sites is about 3% globally. Neeman’s entered into a partnership with Sequoia-backed GoKwik in July last year to use the latter’s technology in improving conversion rates and boosting profitability…
• The 10-minute delivery creates massive competition for those in the Food & Beverages industry
  15 jul 2022,retail.economictimes.indiatimes.com
  In India, the industry has always been considered a highly competitive market. Nowadays, as technology advancements are emerging with new trends, the industry is evolving with new products and services. The average cooking time is about 15-20 minutes for quick snacks, brands will not be able to reduce that, since consumers expect fresh food and this will always be the imperative factor for any cloud kitchen or restaurant…
• Tata Consumer Products enters honey and preserves segment through Himalayan brand
  15 jul 2022,retail.economictimes.indiatimes.com
  “In line with the brand credentials, both these new product offerings are being sourced from the Himalayan belt,” the Tata group’s FMCG arm said in a statement…
• Funskool to manufacture Chhota Bheem toys in India
  15 jul 2022,retail.economictimes.indiatimes.com
  R Jeswant, CEO – Funskool India Ltd said, “We are excited to add Chhota Bheem to our well established manufacturing and distribution capabilities. Our existing scale and distribution network establishes an ideal platform to achieve the full potential of Chhota Bheem in India and will address the significant unmet needs of the portfolio of products.”…
• Necessary info on QR code compulsory on packaging of electronic goods
  15 jul 2022,retail.economictimes.indiatimes.com
  If not mentioned as QR code, the information should be part of the packaging, said the rules called the Legal Metrology (Packaged Commodities) (Second Amendment) Rules, 2022, notified by the ministry. These shall come into force right away…
• Inside India’s quest to ride quantum wave
  15 jul 2022,livemint.com
  NEW DELHI : If India achieves its target of about 30 million electric vehicles in the next two years, it will also need many more electric charging stations. But how does one identify the best location for these stations? Should they be placed at existing gas stations, malls, or metro stations?…
• M3M India: A dominant player in luxury, residential and retail sector
  15 jul 2022,timesofindia.indiatimes.com
  Gurugram: The real estate sector has witnessed a significant growth in both the residential as well as commercial sector in the year 2021-22. According to IBEF report…
• The Story of Nykaa, India’s Best Beauty Retail Platform
  15 jul 2022,inventiva.co.in
  The value of the Indian cosmetics market, which was $1.3 billion in FY2020, is expected to increase by a double-digit CAGR of 16.39 per cent through FY2026 to reach $2.89 billion…
• Raymond appoints Atul Singh as executive vice chairman of the Group
  14 jul 2022,retail.economictimes.indiatimes.com
  Singh is a consumer industry veteran with over 35 years of experience leading multi-billion dollar businesses across several geographies globally. He had worked with Coca-Cola for about two decades at several senior leadership positions and concluded his journey there as Chairman, Asia Pacific and spearheaded businesses across 25 countries…
• Dabur buys entire stake in Asian Consumer Care
  14 jul 2022,retail.economictimes.indiatimes.com
  Dabur held 76% in the firm before acquisition of the remaining 24% held by Advanced Chemical Industries through Dabur International. The company has acquired 24% for Rs 60 crore Bangladeshi taka which, according to the present exchange rate, comes to around ₹51 crore…
• Retail majors may see best quarter since Covid
  14 jul 2022,retail.economictimes.indiatimes.com
  While footfalls remained below the pre-Covid levels in the June quarter, price increases and bigger purchase sizes boosted sales of marketers, analysts and retailers said…
• India one of the key markets, says Nothing’s Carl Pei
  14 jul 2022,retail.economictimes.indiatimes.com
  Speaking to ET, Pei said that being a small player offers Nothing an opportunity in the smartphone market. He added that his biggest learning from his past stint with OnePlus was product differentiation.”India is really important to us…we have a very good relationship with Flipkart. So, India will be in the first wave of launch countries. It is definitely one of the key markets,” Pei said…
• The hype around Q-commerce
  14 jul 2022,retail.economictimes.indiatimes.com
  What used to once take 30-45 mins for delivery is now being delivered in 10-20 mins. “Zepto”, the new wonder kind on the block created this “quick commerce” model to ensure that the goods are delivered in the fastest instance – by setting up mini-warehouses in neighborhood clusters, thereby making quick milk-runs possible…
• New Amazon shopping cart lets users scan & pay to skip checkout lines
  14 jul 2022,retail.economictimes.indiatimes.com
  “We’ve built the updated version of the Dash Cart to continue to offer the features people love most, like real-time receipts and the ability to weigh produce directly in the cart’s basket, alongside new conveniences and behind-the-scenes technology advancements,” said Dilip Kumar, Vice President, Physical Retail and Technology…
• Inflation in India to be about 5% by March 23
  14 jul 2022,retail.economictimes.indiatimes.com
  “The two have been moving together post February’22 (since the starting of Russia-Ukraine conflict). However, in the recent months demand led CPI inflation has moved up a bit, while supply led CPI inflation continues to moderate,” the SBI said…
• India’s manufacturing exports to reach $1 trillion by FY28: Report
  14 jul 2022,retail.economictimes.indiatimes.com
  The six sectors driving export growth will be chemicals, auto, electronics, pharmaceuticals, textiles and industrial machinery…
• Ensuring faster D2C deliveries with analytics and warehouse management
  14 jul 2022,retail.economictimes.indiatimes.com
  Presenting his views, Shankar Prasad, founder and CEO, Plum Goodness, said that with 3PL the evolution has been quite heartening. From the initial horizontal expansion of adding more pin codes to developing the ability to process returns, there have been a lot of technology based interventions in the industry, said Prasad adding that “What we need is same day delivery to be democratized.”…
• Seracle launches Web3 NFT infrastructure for brands to boost marketing activities with customised marketplaces
  14 jul 2022,retail.economictimes.indiatimes.com
  Globally, consumer goods companies including Coca-Cola, AB InBev, Procter and Gamble have been experimenting with NFTs and the metaverse. Even in India, companies such as Titan and Mahindra & Mahindra have entered into the metaverse, using metaverse-related tools to expand their operations to the digital world…
• Food and beverage companies eye global tieups as business revives
  14 jul 2022,retail.economictimes.indiatimes.com
  Food is the new fashion, Darshan Mehta, managing director of Reliance Brands, said as India’s largest luxury to premium retailer announced its foray into the F&B space in June end through a tieup with the global food chain Pret A Manger. Reliance Brands said it plans to launch the first outlet in Mumbai this fiscal year…
• Multiplexes struggle to fill void after covid devastates showbiz
  14 jul 2022,livemint.com
  NEW DELHI : Though multiplexes have fast-tracked their expansion plans, screen count will take time to reach pre-pandemic levels in India, said industry experts…
• SUGAR Cosmetics to expand presence to 100k stores by end of FY24
  14 jul 2022,financialexpress.com
  The company’s gross merchandise value (GMV) stands at Rs 45 crore per month, while its net annual recurring revenue (ARR) is about Rs 380 crore…
• Fizzy Goblet Expands Offline Footprint, Opens 7th Store in India
  14 jul 2022,indianretailer.com
  After operating through six successful retail outlets across the country including one in Mumbai (Phoenix Palladium), Pune, Delhi, Bengaluru, Noida, and Hyderabad the latest store is the brand’s largest till date…
• AP’s first Inorbit mall in Vizag soon
  14 jul 2022,timesofindia.indiatimes.com
  Visakhapatnam: The first Inorbit mall in the state will come up in Vizag soon. The city already has around seven shopping malls with areas of 25,000 sqft each. The new mall would be the biggest, and come up in an area of almost 1 lakh sqft. K Raheja group, which will build the mall, will also construct an IT tower besides the mall. The group also plans to set up an IT park at Madhurawada SEZ. The mall will come up in a 17 acres land parcel belonging to the Visakhapatnam Port Trust at Saligramapuram close to National Highway (NH)-16. TNN…
• Luxury revenge shopping to continue; brands have to be proactive to curb counterfeit sales: Safir Anand
  14 jul 2022,businesstoday.in
  Following the dry spell of the pandemic years, luxury markets worldwide swung into high and fast sales. Demand suppressed for over two years and a need for compensation lured buyers to luxury labels, and stores saw buyers taking to revenge shopping all through 2021. The trend has spilled over to 2022. Luxury shopping of bags, shoes, clothes are cars is expected to only witness a sharp increase predicts luxury brand expert and IPR lawyer Safir Anand. However, the larger good of the industry will depend on how counterfeit sales are managed, he shares with Business Today in an interview…
• Khadim Expands Offline Presence, Opens First Flagship Airport Store in Kolkata International Airport
  14 jul 2022,indianretailer.com
  The store is a very special part of the company’s strategic growth plan of retail expansion as the brand has witnessed substantial demand for its products across the markets in India…
• How D2C Brands can Reduce their RTOs
  14 jul 2022,indianretailer.com
  D2C brands are trying to provide an individualized experience by creating a story and understanding the essential needs of customers. The key to becoming successful and building a strong customer base in the D2C brand is by creating trust and meeting customer expectations…
• In footwear mart, sneakers sprint ahead
  14 jul 2022,livemint.com
  The sales of sneakers are going through the roof. Retailers and sportswear brands find that consumers want to spend more on trainers, which are now seen as a fashion accessory…
• Reliance Retail in talks to partner UK’s Fortnum
  13 jul 2022,retail.economictimes.indiatimes.com
  “Reliance Retail is in advanced talks with Fortnum & Mason to set up premium luxury stores in India under the Fortnum & Mason brand,” one of the executives said. He said the group is exploring multiple options for India, which could include physical stores as well as an online presence in India…
• Flipkart simplifies rate card, makes changes to return costs
  13 jul 2022,retail.economictimes.indiatimes.com
  The Walmart-owned e-tailer said it would charge one shipping fee for delivery across the country, be it local, zonal, or national orders…
• Swedish home appliances maker Electrolux re-enters India, launches retail store in Delhi
  13 jul 2022,retail.economictimes.indiatimes.com
  In India the company will sell a range of refrigerators, washing machines, air purifiers, air conditioners, dishwashers, and cooking solutions. Its product line will be launched in a phased manner from July through to October 2022…
• PepsiCo reports double-digit revenue growth in India in June quarter
  13 jul 2022,retail.economictimes.indiatimes.com
  PepsiCo’s net revenue in the second quarter of 2022 from the Africa, Middle East, South Asia (AMESA) division, under which India comes, was up 5.86 per cent to USD 1.69 billion as against USD 1.60 billion, the company said in its earnings statement…
• 3 Burman family nominees, including Anand Burman appointed on Eveready board
  13 jul 2022,retail.economictimes.indiatimes.com
  The Burman Group, through its entities Puran Associates, VIC Enterprises, MB Finmart, Gyan Enterprises and Chowdry Associates had increased stake in Eveready to 38.37 per cent and became promoters of the Kolkata-based firm…
• France’s Pernod puts new India investments on hold, citing protracted tax fight
  13 jul 2022,retail.economictimes.indiatimes.com
  India’s $20 billion alcohol market is set to grow by 7% annually in the 2021-25 period, with whisky and spirits among favourites, IWSR Drinks Market Analysis says. Pernod accounts for 17% of the country’s alcohol market by volume, while Diageo commands a 29% share…
• India’s manufacturing exports may touch $1 trillion by FY28: Bain
  13 jul 2022,business-standard.com
  The six sectors driving export growth will be chemicals, auto, electronics, pharmaceuticals, textiles and industrial machinery…
• AP group to expand Roberto Cavalli watch range
  13 jul 2022,livemint.com
  The new range is a collaboration between Italian luxury brand Roberto Cavalli and premium Swiss watchmaker Franck Muller and will be embellished with diamonds and mother-of-pearl dials with price tags starting at ₹80,000…
• Cosmetics firm L’Oreal ties up with Nasscom to innovate business operations
  13 jul 2022,business-standard.com
  Joint initiative to explore potential application of AI, ML IoT and AR/VR in cosmetics and dermatology, and product development and personalisation at L’Oreal…
• DaMENSCH forays into offline market; appoints Ashmeer M. Sayyed as chief retail officer
  13 jul 2022,retail.economictimes.indiatimes.com
  The company has recently raised USD 16.4 million funding. With this investment, it plans to venture into retail stores within this year and be available at 10,000 point of sale avenues across various formats, by 2024…
• Colgate Palmolive India expects strong growth to continue with rise in oral healthcare expenditure
  13 jul 2022,retail.economictimes.indiatimes.com
  “The predominant business of the company continues to be oral care and the outlook for the oral health industry is positive given the size of the opportunity,” CPIL’s annual report said…
• Chai Point launches pan-India hiring drive to hire 2,000 people
  13 jul 2022,retail.economictimes.indiatimes.com
  The Chai Point HR team in association with a string of NGOs and local govt bodies is traveling across the country and has already visited cities like Ranchi, Patna, Kohima, Bhilai, Amritsar and many more to hire…
• Volatile agri prices to add to the agony of consumer food companies
  13 jul 2022,retail.economictimes.indiatimes.com
  Prices of several key commodities will increase this fiscal — those of wheat and maida by 7-8%, gram and gram flour by 6-8%, and milk and sugar by ~1% — while the prices of key oils will trend down on a high base, including palm and soy oil by 16-17% and sunflower oil by 10-12%…
• Furlenco expects to more than double revenue to Rs 500 cr by March 2024
  13 jul 2022,business-standard.com
  The company expects to close the current fiscal with Rs 200 crore revenue, House of Kieraya (HoK) and Furlenco, founder and CEO Ajith Mohan Karimpana told PTI…
• Investment in Real Estate Up 14% To $2.6 billion In January-June; Delhi-NCR Saw Highest Inflows
  13 jul 2022,news18.com
  As the real estate sector is witnessing a recovery from the impact of the coronavirus pandemic, institutional investments in Indian real estate witnessed a 14 per cent year-on-year jump to $2.6 billion during January-June 2022. The inflow was led by the office sector, which accounted for about 48 per cent share, followed by the retail sector with a share of 19 per cent, according to a report by Colliers India…
• India’s retail inflation eases to 7.01% but remains above RBI’s tolerance level
  13 jul 2022,indiatoday.in
  Retail inflation tracked by the Consumer Price Index (CPI) in June was recorded at 7.01 per cent…
• Vocal for local ecommerce: This app is helping small businesses become virtual kiranas
  13 jul 2022,yourstory.com
  Kiko Live is a live shopping and entertainment startup that enables users to shop virtually from small businesses in their neighbourhood…
• After 2-yr pandemic thrift, ‘revenge spending’ likely this festival season
  13 jul 2022,business-standard.com
  Consumer companies across retail, fast-moving consumer goods (FMCG), and consumer durables expect demand revival this festival season after two years of weak sales…
• AP group to expand Roberto Cavalli watch range
  13 jul 2022,livemint.com
  The new range is a collaboration between Italian luxury brand Roberto Cavalli and premium Swiss watchmaker Franck Muller and will be embellished with diamonds and mother-of-pearl dials with price tags starting at ₹80,000…
• Macrotech Developers To Invest $500 Million Over 5-7 Years On Sustainability Initiatives: MD Abhishek Lodha
  13 jul 2022,livemint.com
  Macrotech Developers, which sells its properties under the Lodha brand, also announced the launch of the ‘Lodha Net Zero Urban Accelerator’ programme with technical support from RMI at its 4,500-acre flagship integrated township project Palava City near Navi Mumbai…
• Bhujia to billions: Ganga Bhishen’s Haldiram’s has now become $3 bn biz empire
  12 jul 2022,retail.economictimes.indiatimes.com
  Kellogg wants to buy a stake in Haldiram’s, which it has valued at $3 billion (excluding a Kolkata branch)…
• Billionaires are vying for Metro’s Indian wholesale unit
  12 jul 2022,retail.economictimes.indiatimes.com
  The Thai conglomerate controlled by tycoon Dhanin Chearavanont and its Indian counterpart backed by billionaire Mukesh Ambani have submitted non-binding bids, the people said. Amazon.com Inc., whose founder Jeff Bezos is the world’s second richest man, is also considering lodging an offer, the people said…
• Eureka Forbes names Pratik Pota as CEO & MD
  12 jul 2022,retail.economictimes.indiatimes.com
  A statement issued by Eureka Forbes said Pota will lead the management team to continue scaling the business, solidifying Eureka Forbes’ market leadership position, and delivering innovative products for a growing customer base. He will join Eureka Forbes on August 16, 2022…
• Kalyan Jewellers to add 10 outlets before Diwali in non-south markets with capex of Rs 250-300 crore
  12 jul 2022,retail.economictimes.indiatimes.com
  “This expansion is in line with our Vision-2025, where we hope to increase the revenue contribution from our non-south markets, which is now at approximately 35 per cent. We are planning to add 10 more stores, five each company-owned and franchise model, in non-south markets, including three in Delhi/NCR, three in Uttar Pradesh, two in Maharashtra, one each in Odisha and Chhattisgarh,” Kalyan Jewellers India executive told…
• Gap CEO Syngal exits as margin squeeze deepens
  12 jul 2022,retail.economictimes.indiatimes.com
  Executive Chairman Bob Martin will step in as interim CEO, while ex-Walmart Canada top boss Horacio Barbeito has been tapped to lead Old Navy through tough times for the company’s biggest brand…
• Deep innovation: The next frontier in consumer led-businesses
  12 jul 2022,retail.economictimes.indiatimes.com
  Till a few years ago, being the first to create a brand in a largely unorganised retail sector was enough to drive differentiation. However, as the retail sector matures and consumers evolve, there is a need to scratch beyond the surface and drive deep innovation in order to stay relevant and achieve growth…
• Retail inflation likely held steady just above 7% in June
  12 jul 2022,retail.economictimes.indiatimes.com
  Despite a substantial recent increase in food prices, rising at the fastest pace in nearly two years, overall inflation was partly contained after the government cut taxes on petrol and diesel and imposed restrictions on food exports…
• Leather exports to cross USD 6 bn this fiscal: CLE
  12 jul 2022,retail.economictimes.indiatimes.com
  “The emerging business opportunities coupled with the slew of trade agreements signed and in pipeline and the active support of the government will help in sustaining the export growth in the remaining months of this year,” he said…
• Q1 earnings: Crisil says India Inc staring at third consecutive quarter of profit margins squeeze
  12 jul 2022,financialexpress.com
  India Inc is staring at the third consecutive quarter of a year-on-year drop in profit margins for the April-June 2022 period, a Crisil Ratings arm said on Monday…
• Inflation is raging because globalisation is fading
  12 jul 2022,financialexpress.com
  Eras of globalization don’t last forever. An earlier one ended with a bang in 1914. Our own may die a more protracted death. Well before the recent inflation scare, cracks began appearing in the globalization facade…
• North gains market share in Q1 FMCG sales12 jul 2022,financialexpress.com

  NEW DELHI : North India reported higher fast-moving consumer goods sales in the April-June quarter, helping it to gain market share by 2.5%, while the markets in the south and east reported a decline, showed data sourced from retail intelligence platform Bizom…

• Avenue Supermarts revenue per sq ft remains below pre-Covid level
  12 jul 2022,financialexpress.com
  Avenue Supermarts may have surpassed analysts’ estimates on the net profit and operating margins front during the April-June quarter, but the revenue per sq ft remained below pre-Covid levels despite near-normal operating conditions because of the impact on demand due to inflation…
• Panasonic aims to double revenue from Toughbook series in India in next 4 years
  12 jul 2022,retail.economictimes.indiatimes.com
  “The Indian market is growing at a CAGR of 20 per cent and is expected to touch Rs 500 crore in four years. We at Panasonic expect to double the Toughbook revenue in the same period,” Panasonic India director S S D Vijay Wadhwan told PTI…
• Malls see strong recovery in rental incomes; to surpass pre-Covid levels in FY23
  12 jul 2022,thehindubusinessline.com
  After two challenging years marred by the pandemic, mall owners are seeing recovery in rental incomes as multiplexes resume full scale operations besides strong revival in sales and footfalls. According to analysts, rental income for mall owners is expected to surpass the pre-Covid levels in FY23…
• Mukesh Ambani, Jeff Bezos to bid for German retailer Metro AG’s India operations
  12 jul 2022,livemint.com
  Reliance Industries, Thailand’s Charoen Pokphand Group Co. and Jeff Bezos are among suitors for German retailer Metro AG’s wholesale operations in India, according to people familiar with the matter, as the companies seek to deepen their retail portfolio in one of the world’s largest consumer markets…
• ePayLater Mulls Expansion In Northeast, East India
  12 jul 2022,outlookindia.com
  The firm, which has a presence of around 15 per cent in the credit space of the Northeast and the east, provides zero-cost credit solutions to small and medium enterprises (SMEs)…
• India’s DaMensch enters offline market; targets ₹500 cr by FY26
  12 jul 2022,fibre2fashion.com
  DaMensch, a premium men’s fashion brand that recently raised $16.4 million funding, has announced its plan to foray into offline retail business. DaMensch, founded in 2018 by Gaurav Pushkar and Anurag Saboo, has grown 3 times year over year (YoY) in the last three years…
• Building A Strong And Unique Retail Brand – Lessons From MarvansMobile’s Journey
  12 jul 2022,outlookindia.com
  The first Marvans Mobile store was opened in 2013. 9 years later, MarvansMobile is one of the most successful electronics retail outlet in the city with athriving online business scaling every day…
• Monte Carlo Fashions Q1 Results: Reports Over Two-fold Revenue Growth
  12 jul 2022,indianretailer.com
  Apparel brand Monte Carlo Fashions reported over two-fold revenue growth of 130 percent in the April-June quarter this fiscal, helped by volume growth and price increase…
• Lulu Groups’ expansive hypermarket to open for public tomorrow in this state
  11 jul 2022,livemint.com
  Billionaire Yussuf Ali-led Lulu Group will open its new hypermarket in Uttar Pradesh’s Lucknow to the public on Monday, marking the supermarket chain’s entry into northern India…
• Swiggy, Blinkit and others will not deliver this product to Android users

  11 jul 2022,retail.economictimes.indiatimes.com
  Swiggy, Blinkit and other app-based hyperlocal delivery apps have taken care of one of our biggest headaches, going out to buy groceries. These apps deliver everything or anything you want to your doorstep within a couple of minutes. However, there is a product you can’t find on the Android version of Swiggy, Dunzo or any other hyperlocal delivery apps. And that product is tobacco…

• D-Mart Q1 profit jumps multifold to Rs 642.89 crore, sales almost double
  11 jul 2022,retail.economictimes.indiatimes.com
  Commenting on the results, Avenue Supermarts CEO & Managing Director Neville Noronha said, “There has been a very good recovery of overall sales. However, this quarter’s performance is not comparable to the same period last year due to the second wave of Covid-19 during that time.”…
• Godrej Appliances aims Rs 5,500 cr turnover in FY23, to invest Rs 200 cr in capacity expansion
  11 jul 2022,retail.economictimes.indiatimes.com
  Godrej Appliances products are currently sold through about 27,000 outlets and the company has plans to add another 5,000 outlets by the end of this year. Godrej Appliances, a business unit of Godrej & Boyce, the flagship company of the Godrej Group, aims for a turnover of around Rs 5,500 crore, which is even 35 per cent higher than the pre-pandemic number of Rs 4,500 crore…
• Large retail chains’ sales at pre-Covid levels in Jan-June
  11 jul 2022,retail.economictimes.indiatimes.com
  As per smartphone and electronics industry researcher GfK India, the contribution of organised retail surged in January to May compared with the same period last year by 1-4 percentage points across products such as smartphones, televisions and large appliances…
• Starbucks’ going desi with masala chai, filter coffee
  11 jul 2022,retail.economictimes.indiatimes.com
  The menu now also includes street-style freshly assembled sandwiches, milkshakes, bite-sized snacks and a smaller beverage cup that is being initially tested in four markets – Bengaluru, Gurgaon, Bhopal and Indore…
• FMCG makers expect recovery in volume growth, margin in Q2FY23
  11 jul 2022,retail.economictimes.indiatimes.com
  “This has brought some respite to FMCG companies, whose margins were affected by high inflation. Since most companies stagger price hikes and take them in a phased manner, we will not see any further price hike or package weight reduction which was in the offing. Despite price hikes taken by FMCG companies, the total increase in input cost was not factored in,” Shah told PTI…
• Tata Consumer Products expands Soulfull portfolio, launches masala oats
  11 jul 2022,retail.economictimes.indiatimes.com
  The company will sell the new launches across modern trade and ecommerce channels shared Parameswaran adding that in general trade the brand will focus on key five cities Delhi, Mumbai, Hyderabad, Kolkata, and Patna…
• 91 Squarefeet to work on over 2000 stores in FY23
  11 jul 2022,retail.economictimes.indiatimes.com
  The Gurgaon-based startup creates a standard retail expansion playbook for brands looking to increase their nationwide retail footprints. Using an AI-driven project management tool, brands can upload all the retail fit-out components of their store templates. The company, which has over two dozen clients including Tata, Aditya Birla Group, and Reliance Retail, has worked on 400 stores last year…
• Recycle Textile Federation formed, plans to unite mills across nation
  11 jul 2022,retail.economictimes.indiatimes.com
  The fedeartion has plans to bring together such mills across the country to collectively address the needs of the industry, identify markets in different parts of the world, and direct its members to cater to places that need their products and services, Jayabal said…
• UAE’s Lulu Group expands in country of its founder Yusuff Ali
  11 jul 2022,business-standard.com
  Abu Dhabibased supermarket chain Lulu Group opened a mall in Lucknow on Sunday as it expands in the country of its founder Yusuff Ali…
• Wrangler Expands Offline Presence, Opens Store in Mumbai
  11 jul 2022,indianretailer.com
  Wrangler has announced the launch of its new flagship store at Linking Road in Mumbai. This is the 39th store of Wrangler in India and the first in Mumbai…
• India’s retail inflation likely held steady just above 7% in June: Poll
  11 jul 2022,business-standard.com
  The July 4-8 Reuters poll of 42 economists showed inflation as measured by the consumer price index (CPI) was steady at an annual 7.03% in June, versus 7.04% in May…
• DISCOVER MARVANS MOBILE, THE ICONIC ELECTRONICS RETAIL STORE IN VADODARA BUILT BY WAHID BADAMI
  11 jul 2022,newslivetv.com
  Visit the store on a weekend and you shouldn’t be surprised to meet people coming from Madhya Pradesh, Maharashtra and Karnataka, waiting in line to buy their favourite iPhone. The main reason being the trust and personal brand Mr Wahid has built over the past years, leveraging the reach of social media, and the Price and offers that they sell phones at…
• Trends, India’s Largest Fashion Destination Now Opens In Brajrajnagar
  11 jul 2022,pragativadi.com
  Brajrajnagar: India’s largest and fastest-growing apparel and accessories specialty chain of Reliance Retail, Trends, announced the launch of its new Store in Brajrajnagar town of Jharsuguda district…
• Exporters’ order books begin to shrink due to low demand in key markets
  8 jul 2022,retail.economictimes.indiatimes.com
  High inflation in the US and the EU slowed take off for cotton yarn, ready-made garments, leather goods and handicrafts, impacting the pace of India’s exports in June, which rose 16.8% on-year at $37.9 billion, slower than 20.5% in May…
• Traders to write to state finance ministers to rollback 5% GST on pre-packed and unbranded food
  8 jul 2022,livemint.com
  The GST Council during the two-day meeting in Chandigarh also decided that the room rent (excluding ICU) exceeding ₹5000 per day per patient charged by a hospital shall be taxed to the extent of the amount charged for the room at 5% without input tax credit. (iStock)…
• D2C beauty firm The Good Glamm restructures business into three divisions
  8 jul 2022,retail.economictimes.indiatimes.com
  The beauty and personal care brands, the media company, and the content platform will operate under each of these three divisions…
• Eateries may raise prices post CCPA’s revised guidelines on service charges
  8 jul 2022,retail.economictimes.indiatimes.com
  “Incentives are heavily tied to the service charge and considering the ongoing attrition in the industry, we may have no option but to raise prices going forward,” said Saurabh Khanijo, managing director of the Kylin chain of restaurants. “We will do whatever we can to keep our staff motivated.”…
• Amazon India to host Prime Day sales on July 23-24
  8 jul 2022,retail.economictimes.indiatimes.com
  Sahi said that there will be over 30,000 new product launches from over 400 top Indian and global brands like Samsung, Xiaomi, Intel, boAt etc, and 2,000 new product launches from over 120 Small and Medium Businesses (SMBs)…
• Indian startups fundraising dips 33% to $6.9 bln in Q2 of 2022 due to funding winter
  8 jul 2022,livemint.com
  The fundraiser in Q2 2022 was lower from the fundraising of $10.3 billion in January to March 2022 quarter and from $10.1 billion in the same quarter last year…
• 91% Indian sellers aim to expand business globally, says report
  8 jul 2022,livemint.com
  Many Indian cross-border businesses have undergone a fast-paced digital transformation and contributed to surpassing the government-set $400 billion export target this year…
• What is behind reliance retail’s expansion spree?
  8 jul 2022,business-standard.com
  Reliance recently partnered with GAP to bring the luxury brand to India. Reliance has also brought home some 35 international brands. Let’s explore the growth strategy of Reliance Retail…
• What is behind reliance retail’s expansion spree?
  8 jul 2022,business-standard.com
  Reliance recently partnered with GAP to bring the luxury brand to India. Reliance has also brought home some 35 international brands. Let’s explore the growth strategy of Reliance Retail…
• Kalyan Jewellers reports robust revenue growth in June quarter
  8 jul 2022,retail.economictimes.indiatimes.com
  “We witnessed consolidated revenue growth of over 105 per cent in the first quarter of FY23, compared to the same period in the previous financial year,” Kalyan Jewellers said in a statement…
• Innerwear brand Bummer in talks to raise USD 1.5 million, eyes Rs 5 cr monthly revenue by end of 2022
  8 jul 2022,retail.economictimes.indiatimes.com
  Innerwear brand Bummer in talks to raise USD 1.5 million, eyes Rs 5 cr monthly revenue by end of 2022…
• FMCG firms brace for volume decline in Q1
  8 jul 2022,livemint.com
  Volumes at fast moving consumer goods (FMCG) companies may decline marginally or record feeble growth in the June quarter amid high inflation, even as revenue promises to hold up thanks to price hikes. Several packaged goods companies announce their earnings later this month…
• Dogsee opens fifth manufacturing unit, plans to invest USD 8 mn over next 24 months
  8 jul 2022,retail.economictimes.indiatimes.com
  With this latest facility, Dogsee now has 5 manufacturing plants with a total production capacity of 200 tons of dog treats in a month. All units are situated across Karnataka…
• Expect significant growth from Omnichannel, non-food portfolio to enhance profitability, says Spencer’s Retail
  8 jul 2022,retail.economictimes.indiatimes.com
  “We are witnessing increased demand for our digital retail formats, and we intend to continue investing in our Omni-channel business in the future,” Chairman Sanjiv Goenka said in his address to the shareholders of the company…
• Lil’Goodness launches zero added sugar prebiotic cocoa powder in India

  8 jul 2022,retail.economictimes.indiatimes.com
  The Prebiotic Cocoa Powder contains fat reduced cocoa powder (99.98%) derived from ethically grown cocoa sourced from Ghana and naturally derived Fructo-oligosaccharides (3%). While Prebiotics improve gut health, aid in digestion and improve absorption of minerals and vitamins, cocoa which is rich in antioxidants called flavonoids, promotes heart health and fights inflammation…

• IKEA India appoints Murali Iyer as CFO
  8 jul 2022,retail.economictimes.indiatimes.com
  Iyer takes over from Preet Dhupar who has moved into a global role within Ingka Group, and will be part of the IKEA India leadership team reporting to Susanne Pulverer, CEO and CSO (chief sustainability officer)…
• LG Electronics expects Q2 earnings to decrease 12% on weaker demand
  8 jul 2022,retail.economictimes.indiatimes.com
  Its earnings guidance for the April-June period showed the tech company’s operating profit declined 12 percent from a year ago to 791.7 billion won ($610.5 million)…
• Watch: Frenzy at Kerala’s Lulu malls as huge crowds throng outlets for midnight sale
  8 jul 2022,indianexpress.com
  Midnight sale at Lulu International Shopping Mall in Kerala receives an overwhelming response in both Kochi and Thiruvananthapuram…
• Robust performance in Q1FY23 bodes well for Phoenix Mills stock
  8 jul 2022,livemint.com
  Midnight sale at Lulu International Shopping Mall in Kerala receives an overwhelming response in both Kochi and Thiruvananthapuram…
• Optiemus is rebooting to lead the pack of electronics manufacturers. Will it work?
  8 jul 2022,forbesindia.com
  With the failure of its Blackberry deal and in-house brand Zen Mobiles, Optiemus has had a turbulent last few years, and is now rebooting with a sharp focus to emerge as one of the top homegrown electronics manufacturing companies…
• How Apparel Firms are Doing Their Bit for the Environment
  8 jul 2022,businesstoday.in
  Bootstrapped start-ups from India are leading the transformation from environmentally degrading fast fashion to a slower fashion cycle. Here’s how they are making it fashionable…
• Reliance Retail partners with GAP, will retail it across all channels
  7 jul 2022,retail.economictimes.indiatimes.com
  The partnership aims ​​to bring iconic American fashion brand Gap to India. Through this deal, Reliance Retail has become the official retailer for Gap across all channels in India. Reliance Retail will introduce Gap’s latest fashion offerings to Indian consumers through a mix of exclusive brand stores, multi-brand store expressions and digital commerce platforms…
• NRAI reiterates its stance that there is no illegality in levying a service charge
  7 jul 2022,retail.economictimes.indiatimes.com
  NRAI said service charge is a part of the owner’s discretion / decision regarding the total price payable by a customer with regards to sale or service of a product. It constitutes one of the components of the total price of the product. “Neither the Government nor any authority can interfere with the decision of the business owner in this regard. It is a universally accepted trade practice,” the industry body said in a statement…
• Unprecedented level of inflation impacted consumption in April-June, says Dabur
  7 jul 2022,retail.economictimes.indiatimes.com
  In this challenging macro environment Dabur’s India business has been “fairly resilient”, and is expected to report “high single-digit revenue growth” on a very high base of 35.4 per cent revenue growth in Q1 FY22, it added…
• FMCG, electronics companies’ margins set to improve soon
  7 jul 2022,retail.economictimes.indiatimes.com
  Company executives and analysts said they expect margin pressures to ease off, but added that they are closely monitoring macro and geopolitical risks and that sustainability of the downward revision in these commodities remains crucial…
• Changing consumer preferences, rising income levels driving premium chocolates consumption in India
  7 jul 2022,retail.economictimes.indiatimes.com
  Sharing insights on the growth of BFY chocolates, Geetika Mehta, MD, Hershey India said that there has been a tremendous demand in India for dark chocolates as they are perceived to be made of authentic cocoa and are low in sugar…
• Make-in-India impact: Toy imports drop by 70%, exports up 61%
  7 jul 2022,retail.economictimes.indiatimes.com
  Speaking to media during the 13th edition of Toy Biz B2B (Business to Business) International Exhibition, Anil Agrawal, Additional Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), highlighted the clarion call given by the prime minister on “Rebranding the Indian Toy Story”…
• Online retail spending in India to grow nearly sixfold to $300 bn by 2030: BCG Report
  7 jul 2022,retail.economictimes.indiatimes.com
  “The pandemic pushed new-to-online shoppers and existing shoppers to increase their online purchasing, as physical shopping channels closed or became difficult to access,” BCG India managing director and senior partner Nimisha Jain said in a statement…
• Rental income of retail malls likely to increase 30% on-year in FY2023: Report
  7 jul 2022,retail.economictimes.indiatimes.com
  Driven by pent-up demand, high vaccination coverage and resumption of multiplexes, retail malls have witnessed a sharp recovery in their operational metrics post the second wave of Covid19 since August 2021…
• Consumers say 2022 is the worst economy ever
  7 jul 2022,livemint.com
  One of the biggest threats to markets fails a basic sanity check. The threat is that households are the most depressed they have been since the University of Michigan began its long-running Consumer Sentiment index in the 1950s. When consumers are worried about their finances and the economy, the danger is a self-fulfilling cut in spending that brings on a recession…
• Titan’s sales nearly tripled in April-June, helped by low base and non-disruption
  7 jul 2022,retail.economictimes.indiatimes.com
  While, its jewellery division, which contributes around 85 per cent of its revenue, reported 207 per cent growth and added 19 new stores during the quarter, taking the total count to 463…
• D2C travel accessories brand Acefour raises 7 million in pre-series A round
  7 jul 2022,retail.economictimes.indiatimes.com
  Acefour will use the funds towards working capital, brand and product building, it said. The company is yet to launch its product range…
• Inflation continued to ‘hit hard’ FMCG industry in June quarter: GCPL
  7 jul 2022,retail.economictimes.indiatimes.com
  GCPL expects to deliver early double-digit sales growth on a high base in India and the growth will be mostly “price-driven”…
• Dabur India business to see high single-digit revenue growth on a very high base
  7 jul 2022,retail.economictimes.indiatimes.com
  Dabur India said it continues to target higher than industry growth on a medium to long term perspective with stable margins, although there are near term inflationary pressures. “In spite of high inflation and near-term…
• 5% Goods and Service Tax to make unbranded packaged items uncompetitive: Small retailers
  7 jul 2022,retail.economictimes.indiatimes.com
  The small traders and retailers of prepacked and prelabelled goods such as spices, pulses, and condiments are unhappy that the GST council imposed 5% tax on unbranded packaged items…
• D2C bakery brand Baker’s Dozen raises $5 million in funding from Fireside Ventures
  7 jul 2022,retail.economictimes.indiatimes.com
  Direct-to-consumer (D2C) bakery brand Baker’s Dozen said it has raised $5 million in funding – a mix of debt and equity – led by Fireside Ventures. The company declined to disclose the valuation…
• Local manufacturing of smartphones reduced import dependency by 33% in 2022: CRISIL
  7 jul 2022,retail.economictimes.indiatimes.com
  Domestic mobile manufacturing is expected to grow 24-26% in fiscal 2022, after clocking a 33% compound annual growth rate (CAGR), with three of the global manufacturers – Samsung, Wistron and Hon Hai (Foxconn) meeting the PLI production targets in 2022, despite the ongoing chip shortage, according to a CRISIL report…
• Aiwa India expects to clock Rs 8,000 cr revenue in 5 yrs; plans Rs 160 cr initial investment
  7 jul 2022,retail.economictimes.indiatimes.com
  Established in 1951 in Japan, Aiwa has partnered with Dixon Technologies for manufacturing television sets in India, Aiwa India managing director Ajay Mehta said…
• CM announces ‘India’s biggest shopping festival’
  7 jul 2022,thehindu.com
  The Capital will host a month long shopping festival between January 28 and February 26 next year, the Delhi government announced on Wednesday…
• Godrej Interio Boosts Omnichannel Retail Footprint in Northern India
  7 jul 2022,indianretailer.com
  Godrej & Boyce, the flagship company of the Godrej Group, has announced that its business Godrej Interio, India’s leading furniture, and interior solutions brand will focus on North India to grow its omnichannel footprint. The business plans to grow by 35 percent by FY25 in the Northern region of India…
• Brand of the Year awarded to Star – Ghodawat Consumer Ltd.
  7 jul 2022,theprint.in
  Kolhapur (Maharashtra) [India], July 6 (ANI/PRNewswire): At a recently held award ceremony, ‘STAR’ brand of Ghodawat Consumer Ltd (GCL) was felicitated by The Times Group as ‘Brand of the Year’ at the Times Power Brand event. ‘Star’ qualified for the award based on the survey conducted by research agency- I3RC Insights Pvt. Ltd…
• 4 made-in-India décor brands that are decking up homes in India and around the world
  7 jul 2022,yourstory.com
  SMBStory has curated a list of four made-in-India home decor brands that have created a special place for themselves in the Indian and international markets…
• Coffee Day Enterprises’ total default at Rs 470.18 crore in first quarter of FY23
  6 jul 2022,retail.economictimes.indiatimes.com
  CDEL has reported a default of Rs 215.99 crore on the payment of the principal amount on loans or revolving facilities like cash credit from banks or financial institutions as on June 30, 2022…
• Marico April-June volume declines mid-single digit; co blames tepid demand
  6 jul 2022,retail.economictimes.indiatimes.com
  Saffola oils declined in double digits, having to contend with high in-home consumption in the base quarter and significant downtrading visible from super premium to mass segment in edible oils…
• Dabur’s Burman family becomes official promoter of Eveready Industries
  6 jul 2022,retail.economictimes.indiatimes.com
  The investment firms of the Burman family entities had acquired a 14.55 per cent share of Eveready Industries from the open market in June and now collectively own a majority stake. Prior to this, the family already had acquired a 23.83 per cent stake in Eveready Industries…
• Consumer electronics inventory piles up as consumers pull back
  6 jul 2022,retail.economictimes.indiatimes.com
  A senior executive with one of the country’s largest electronic goods contract manufacturers said brands have become extremely cautious and continue to curtail production of smartphones, televisions and lighting products. Most companies are now planning their production on a monthly basis depending on inventory levels…
• Meesho’s CEO says a one-stop app won’t fit the needs of a vastly diverse country like India
  6 jul 2022,retail.economictimes.indiatimes.com
  Meesho prides itself for being able to put thousands of SMEs on an e-commerce platform and widening their reach. Its CEO shares some interesting behavioral insights the aggregator has gained over the years…
• Shoppers Stop to add 12 new stores in FY23; focuses on private labels
  6 jul 2022,retail.economictimes.indiatimes.com
  Shoppers Stop is investing in the new-age technology and is backing its data analytics project Jarvis to maximise its understanding of customer behaviour and preferences…
• Restaurants must show more market sensitivity
  6 jul 2022,livemint.com
  Bills loaded with a service charge might be fine if these are a matter of mutual consent, but they neglect the need of customers to estimate what they’ll be asked to pay. Dump the practice…
• As monsoon spreads and prices ease, dealers stock up on kitchen essentials
  6 jul 2022,retail.economictimes.indiatimes.com
  Stock with new prices has just entered the market for retail consumers. The mustard crop has been good this year and the new oil has started entering the market, which is priced lower than it was last year. Not only edible oils, retail wheat and wheat flour prices are stable as well, as the government regulations have been useful in keeping domestic prices in check…
• OnePlus to sell its TVs across Vijay Sales stores in India
  6 jul 2022,retail.economictimes.indiatimes.com
  Marking the announcement, senior leadership at OnePlus India shared, “As we extend our range of OnePlus TVs across Vijay Sales retail stores, we are positive that our community and consumers at large can truly benefit from this opportunity by being able to easily access and gain a personalized experience of our OnePlus TVs at the nearest partner store.”…
• Samsung likely to log $11 bn in profit on robust chip biz in Q2
  6 jul 2022,retail.economictimes.indiatimes.com
  Samsung’s Q2 sales are estimated to increase by 20.6 per cent to 76.8 trillion won, while net income is likely to jump 19.8 per cent to 11.5 trillion won, the survey showed…
• Lulu mall to begin ‘midnight shopping’ concept in Thiruvananthapuram on a trial basis
  6 jul 2022,timesnownews.com
  Thiruvananthapuram: Thiruvananthapuram, the royal city of the erstwhile Travancore kingdom and the cultural hub…
• The long wait for Ikea’s promised disruption
  6 jul 2022,livemint.com
  The Swedish retailer has made a slow, steady start, but its next big leap in India is some distance away…
• Services expand at fastest pace in 11 yrs, finds survey
  6 jul 2022,timesofindia.indiatimes.com
  NEW DELHI: India’s crucial services sector expanded at its fastest pace in 11 years as demand conditions strengthened but price pressures continued to pose a concern, a survey showed on Tuesday…
• Plan to invest Rs 2500 cr in Pune:Merlin
  6 jul 2022,timesofindia.indiatimes.com
  Pune: The Kolkata-based real estate group Merlin says that it plans to invest around Rs 2500 crore in the Pune residential and commercial market in the next two to three years, starting with a commercial project in Koregaon Park…
• Chogori India Retail Limited Expands Offline presence, Opens Flagship Store in Bengaluru
  6 jul 2022,indianretailer.com
  The brand crafts outdoor gear fortified with industry-leading technologies and is ‘tested tough’ before reaching the end consumer…
• ‘Plan to offer highway InvITs to retail investors in works’
  6 jul 2022,livemint.com
  The 12,000 km we are going to build will be dominated by complex projects involving 6-lane, 8-lane & access-controlled highways, says Giridhar Aramane, Secretary, MoRTH…
• Highest 28% GST on luxury, sin goods to continue: Revenue Secy
  5 jul 2022,retail.economictimes.indiatimes.com
  ​Under the GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essential items and a top rate of 28 per cent on cars is levied. The other slabs of tax are 12 and 18 per cent…
• Price of food covers material & service, says consumer body
  5 jul 2022,retail.economictimes.indiatimes.com
  ​The authority, set up under the Consumer Protection Act, has issued detailed guidelines specifying the duties of eateries and the rights of customers and termed levying of service charges as “unfair trade practice”. It has prohibited the eateries from collecting such charges in any other name…
• Shelly Kohli of Unilever set to join United Breweries to head its legal and compliance
  5 jul 2022,retail.economictimes.indiatimes.com
  ​“Shelly Kohli is a seasoned legal professional who has extensively worked on leadership positions in the private practice space and across sectors such as Energy, FMCG and Textiles,” said Shweta Vora, Vice President – Corporate Practice Group. “She is an expert business lawyer who has worked in both industrial and retail setups. With her diverse and strategic experience of working on building and maintaining brands, she will be a great value addition to the UBL leadership team.”…
• Titan says mid-term outlook for jewellery division positive, looking to expand Tanishq stores to global markets
  5 jul 2022,retail.economictimes.indiatimes.com
  ​As Indians inexorably march towards the USD 5000 per capita GDP, their desire for lifestyle products will explode, he said. “Our low market share in many of our categories combined with the increasing affinity for Trust will accelerate this further.” Moreover, Titan’s deep penetration of smaller Tier III, IV & V towns will unlock the real potential…
• June exports up 16.8% YoY, Trade deficit at $25.63 billion
  5 jul 2022,retail.economictimes.indiatimes.com
  ​​Cumulative exports in April-June 2022-23 rose by about 22.22 % to USD 116.77 billion while imports increased 47.31% to USD 187.02 billion during the period…
• 25% of new customers of Flipkart group now come from Shopsy
  5 jul 2022,retail.economictimes.indiatimes.com
  ​​Sikaria is leading some of the new initiates at the Walmart-backed company. He led the acquisition of used smartphone seller Yaantra and Cleartrip. He is also in charge of leading Flipkart’s monetisation efforts, which includes the advertisement business…
• Consumer benefit marketplace Thriwe to launch gold and cryptocurrency redemption platform
  5 jul 2022,retail.economictimes.indiatimes.com

  The company that helps brands acquire, engage and retain customers, said customers have been traditionally receiving points for the money they spend which can be redeemed against any tangible benefit like shopping vouchers, hotel vouchers, and travel vouchers among others…

• ‘India has a competitive advantage in the global flavors & fragrances market’
  5 jul 2022,retail.economictimes.indiatimes.com
  The Indian F&F industry pegged at around $1.4 billion in 2019 with exports accounting for 12% of total production, currently has 3% market share in the global F&F industry, according to industry estimates…
• Restaurants, bars to boost investments to feed demand
  5 jul 2022,retail.economictimes.indiatimes.com
  Analysts said management commentaries of quick service restaurant companies are far more positive versus near-term challenges expressed by consumer staples…
• Urban FMCG sales see sharper fall than rural in June, shows data
  5 jul 2022,business-standard.com
  Sales of goods from shampoos to biscuits stayed lower due to inflationary pressures on commodities…
• Gourmet food retailers adapting ‘forgotten’ foods
  5 jul 2022,retail.economictimes.indiatimes.com
  “Social media has the power to have a cascading impact in such discoveries; it’s very encouraging that youngsters are gathering attention to such trends which also have no entry level barriers,” said Sanjeev Kapoor, well-known chef and entrepreneur…
• Demand for wooden cutlery on the rise as plastic ban kicks in
  5 jul 2022,retail.economictimes.indiatimes.com
  Manufacturers of wooden cutlery in places like Moradabad, Saharanpur, Delhi and Kolkata said they were getting up to 25% more orders compared with a couple of months ago. Starting this month, 19 single-use plastic items, from forks, spoons, straws, trays and ear buds to wrapping or packaging films on sweet boxes and cigarette packets and PVC banners of less than 100 microns are banned in India…
• Mivi aims to clock Rs 400 crore in revenues in FY23
  5 jul 2022,retail.economictimes.indiatimes.com
  In FY22, we clocked revenue of Rs 150 crore, a 140% jump from the previous year. With the launch of new verticals, more products and increasing brand awareness, we estimate we will close this year at Rs 400 crore. We are set to manufacture 50 lakh units this year, up from 20 lakh last year…
• Despite biting inflation, analysts bullish on retail stocks for long haul
  5 jul 2022,business-standard.com
  Analysts believe that the Indian retail sector is on the ‘cusp of accelerated earnings growth’ as consumer sentiment, and discretionary purchases bounce back from Covid-19 pandemic…
• Revenge shopping and revenge travelling trends are simmering down in India
  5 jul 2022,businessinsider.in
  As per consumer data intelligence company Axis My India, the overall spending of Indian consumers has dipped by two percentage points in June and it is expected to further fall in July…
• Why India needs retail participation in fixed income markets, and how
  5 jul 2022,moneycontrol.com
  As things stand, no taxpaying investor should consider saving via direct investments in any fixed income instrument, including in government securities. Instead, she would be much better off investing via a debt mutual fund that undertakes identical investments, notwithstanding the added fund management fee…
• D-Mart Q1 revenue jumps almost 2-fold to Rs 9,806.89 crore
  4 jul 2022,retail.economictimes.indiatimes.com
  ​The company had revenue from operations of Rs 5,031.75 crore in the April-June quarter a year ago, Avenue Supermarts informed BSE in a regulatory filing. In the April-June quarter of FY 2020-21, Avenue Supermarts’ standalone revenue was at Rs 3,833.23 crore. It was Rs 5,780.53 crore in the pre-pandemic April-June quarter of FY 2019-20…
• Lenskart valued at $4.5 billion after new financing
  4 jul 2022,retail.economictimes.indiatimes.com
  This in an 80% expansion in value for the company, which was last valued at $ 2.5 billion following the close of a $315 million round in July 2021 that was led by Singapore’s Temasek, which has also invested in the latest funding…
• De Beers Forevermark aims to sell 2.5 lakh diamonds in 2022, bets on South India to drive sales
  4 jul 2022,retail.economictimes.indiatimes.com
  Pratihari said that while the short term outlook is very positive, in the long term the company needs to expand its retail presence to meet the demands of the market. “The next 5 to 10 years, we are focusing on building our retail network. We are looking at exclusive stores,” he said. The company plans to add 16 exclusive boutique stores across the country, taking the total count to 30…
• Amazon signs pact with UP government to digitally enable local businesses
  4 jul 2022,retail.economictimes.indiatimes.com
  “As part of the two MoUs, Amazon will train and onboard MSMEs from the state on its Global Selling programme and help them export their unique Made in India products to customers in over 200 countries and territories across the world,” the statement added…
• Leather goods exporters disappointed with GST rate hike
  4 jul 2022,retail.economictimes.indiatimes.com
  “It’s not a good decision when the country aims to triple exports. Our costs have already gone up by 25-30 per cent due to inflation in input materials. When we were just reviving from our losses during the Covid period, this is another obstacle,” Indian Leather Products Association (ILPA) president Ajay Tarway told PTI…
• Kolkata: Jute, cloth bags return to replace thin plastic
  4 jul 2022,retail.economictimes.indiatimes.com
  The first day of single-use plastic ban turned out to be a mixed bag…
• We’re very bullish on India growth, says De Beers’ executive vice president David Prager
  4 jul 2022,retail.economictimes.indiatimes.com
  Present at the De Beers annual forum in Mumbai, Prager said that India is a huge growth market with an opportunity of 100 million new people entering the middle class over the next 10 years…
• Quick commerce boom to drive ice cream sales: HUL
  4 jul 2022,livemint.com
  The fact is that covid has not disrupted businesses this season, ice creams have been able to come back quite strongly, says Srinandan Sundaram, executive director, foods and refreshment, HUL…
• Wipro Consumer to withdraw sanitisers from market as demand decreases
  4 jul 2022,business-standard.com
  The company may also withdraw some variants of other categories that were launched during the pandemic, said Vineet Agarwal, chief executive officer of Wipro Consumer Care…
• Milk prices likely to rise after new GST rates on these dairy products. These 2 stocks are top picks
  4 jul 2022,livemint.com
  The new GST rate is expected to push dairy companies in hiking their consumer prices to pass on the impact of additional costs. Although, there is limited impact seen in volumes. Heritage Foods and Dodla Dairy are two hot stocks in the sector…
• Apple captures half of all smartphones sold during Chinese online fest
  4 jul 2022,retail.economictimes.indiatimes.com
  “Apple outperformed the market selling nearly 7 million iPhone units, modestly down 4 per cent YoY. We estimate Apple generated a revenue of $6.3 billion,” said analyst Peng Peng…
• Rediscovering Delhi’s hidden gems
  4 jul 2022,newindianexpress.com
  This cultural organisation attempts to draw attention to the lesser-known monuments of the city and its neighbouring areas by organising heritage walks…
• LAVA Blaze 4G launching on 7 July in India and is already being shipped to offline retail stores
  4 jul 2022,technosports.co.in
  LAVA is going to announce a new 4G smartphone for the Indian market. Just like previous times, LAVA is again aiming for the budget segment of the Indian market and this time it will launch a smartphone named LAVA Blaze 4G. The launch date has been scheduled for 7th July…
• Singapore sovereign fund GIC invests Rs 400 crore more in Phoenix Mills’ joint venture
  2 jul 2022,realty.economictimes.indiatimes.com
  The investment is the second tranche of investment under the strategic partnership between GIC and India’s largest retail-led mixed-use asset developer and operator to set up a joint venture to develop, own and operate retail-led, mixed-use developments across India…
• Large FMCG, agro-food cos switch to paper-based straws as plastic straw ban comes into effect
  2 jul 2022,retail.economictimes.indiatimes.com
  The companies are also facing issues such as left over inventory with their stockists and retailers but they have complied with the government’s decision to ban single-use plastic by importing paper straw and whatever solution is available in the markets, AARC said…
• Cluster of global brands bursts on to the Indian scene
  2 jul 2022,retail.economictimes.indiatimes.com
  According to Anarock, demand for luxury goods has been consistent in the country and many international luxury brands have partnered with Reliance Industries to expand here. Palladium and Jio World Plaza in Mumbai, Emporio in New Delhi, UB City in Bengaluru and Quest in Kolkata are the most prominent bridge-to-luxury shopping centres as of now…
• Lifestyle brand Bewakoof crossed Rs250 crore sales mark during FY22
  2 jul 2022,retail.economictimes.indiatimes.com
  The company said it is targeting to reach Rs1000 crore in the next four years and focus on reducing costs and controlling the burn rate. So far, the company has raised Rs160 crore in funding from investors including InvestCorp, IvyCap Ventures and Spring Marketing Capital…
• Crisil lowers GDP growth estimate to 7.3% for FY23
  2 jul 2022,retail.economictimes.indiatimes.com
  Crisil said there are a slew of negatives like high commodity prices, elevated freight prices, drag on exports as global growth projections get lowered, and the largest demand side driver of private consumption remaining weak…
• GST collection surges by 56% to Rs 1,44,616 crore in June
  2 jul 2022,retail.economictimes.indiatimes.com
  The Goods and Services Tax (GST) revenue for the month of June surged by 56% on an annual basis to nearly Rs 1.45 lakh crore as against Rs 1.4 lakh crore in May, revealed finance minister Nirmala Sitharaman on Friday…
• Kalyan Jewellers opens 3 new stores in Maharashtra, Delhi
  2 jul 2022,retail.economictimes.indiatimes.com
  With the launch of these new showrooms, Kalyan Jewellers reached its presence across 158 locations globally…
• Hotel, restaurant chains face staff shortage, look to develop new talent
  2 jul 2022,retail.economictimes.indiatimes.com
  Industry insiders said many workers who were laid off during the pandemic have moved to other sectors such as retail and banking, and are now reluctant to come back as there is a feeling that hospitality roles are insecure, not as rewarding, and far too demanding…
• Consumer durable firms likely to raise prices due to GST rate hike. These two stocks top picks
  2 jul 2022,livemint.com
  Among many goods and services, the council has recommended hiking the GST rate on items like LED Lamps, lights, and fixtures, their metal printed circuits board – to 18% from 12%…
• UNIQLO Expands Retail Footprint in India; to Open New Store in Lucknow
  2 jul 2022,indianretailer.com
  Global Japanese retailer UNIQLO has announced a new store in Lucknow; its first outside of Delhi NCR as it takes its LifeWear concept of functional and high-quality clothing to the largest city of the Indian State of Uttar Pradesh. The new store will open at Lulu Mall in July 2022…
• Adherence to Covid norms must in malls, restaurants as cases spike
  2 jul 2022,millenniumpost.in
  kolkata: Following the advisory issued by the state Health department to check the spread of Covid in the wake of a sudden rise in daily cases, various malls and restaurants in the city have made it mandatory for its staff as well the visitors to wear masks and follow all safety norms laid down by the state government…
• Digit7 Unveils New Tech Products for Retail Customers
  2 jul 2022,livemint.com
  D-Grab, TagSquare, and GlideRobo – the newly launched products are set to be game-changers in the retail industry…
• FY 23 is the year for real estate market boom
  2 jul 2022,thehindu.com
  Strong and positive momentums are expected to continue prevailing in Indian real estate in the financial year 2023 (FY 23) backed by the solid structural foundation, gain in demand, and lowered home loan rates…
• Reliance Brands forays into food & beverage space, signs franchise pact with Pret A Manger
  1 jul 2022,retail.economictimes.indiatimes.com

  Reliance Brands on Thursday announced its entry into the food and beverage space through a long-term master franchise partnership with UK-based fresh food and organic coffee chain Pret A Manger…

• Lenskart in $400 million deal to create Asian eyewear giant
  1 jul 2022,retail.economictimes.indiatimes.com
  Lenskart is buying a majority stake in Japan’s Owndays Inc. in a deal that will create one of Asia’s biggest online retailers of eyewear…
• Tata Cliq to be integrated with Tata Neu, exits electronics business
  1 jul 2022,retail.economictimes.indiatimes.com
  Tata Cliq has exited the consumer electronics category, which formed 50-55% of its business, and its consumer electronics, smartphones and appliances division has been integrated with Croma, Tatas’ flagship consumer electronics retail chain, officials said…
• HUL MD Sanjiv Mehta to become Non-Executive Chairman of Unilever Indonesia
  1 jul 2022,retail.economictimes.indiatimes.com
  Sanjiv Mehta will continue to head the Indian business and also continue as the president of Unilever South Asia. He is also a member of the Unilever Leadership Executive…
• Ankiti Bose resigns from Zilingo board
  1 jul 2022,retail.economictimes.indiatimes.com
  Bose said “opacity of information” with respect to her as a board member and shareholder was the key reason for her decision. She added that she continues to be a large shareholder in the company…
• Big consumer companies gear up to ride the festive wave
  1 jul 2022,retail.economictimes.indiatimes.com
  Festive seasons in the last two years, however, were marked by Covid-induced supply disruptions and intermittent lockdowns that impacted consumer buying behaviour. “We believe this year’s festive season will be robust,” said Nissan Joseph, chief executive of footwear retailer Metro Brands. “Moreover, we are facing the remnants of the third wave from last October, so we remain optimistic.”…
• Indians opting for long-lasting wear over fast-fashion: Uniqlo
  1 jul 2022,retail.economictimes.indiatimes.com
  Over the past decade, global brands Zara and H&M became market leaders in the fast fashion segment in India. However, Uniqlo said consumers are opting for sustainable and durable garments instead of cheap and mass-produced ones in India as well as globally…
• Ecom Express seeks $125-150 mn in private funding as IPO plans stall
  1 jul 2022,retail.economictimes.indiatimes.com
  The company is working with investment banks JM Financial and Barclays for the fundraising, according to people who know about its pitch to investors, and is looking to benchmark itself against Delhivery, the largest third-party logistics player which went public in May…
• Retail inflation for industrial workers rises to 6.97% in May
  1 jul 2022,retail.economictimes.indiatimes.com
  However, this increase was largely checked by items like onion, bitter gourd, lemon, mango, watermelon, pan leaf, petrol for vehicles etc, which put downward pressure on the index, the ministry said…
• GST Council’s decisions will help small e-commerce sellers: Nasscom
  1 jul 2022,retail.economictimes.indiatimes.com
  “The composition taxpayers would now be allowed to make intra-state supply through e-commerce operators subject to certain conditions. This will give additional avenues of growth to small sellers and provide them the opportunity to sell across India without having a physical Principal Place of Business (PPoB) in each state, thus increasing efficiency and bringing ease of doing business in India,” Nasscom said…
• High inflation globally to stay longer as war and sanctions take toll on economies: RBI report
  1 jul 2022,retail.economictimes.indiatimes.com
  The global economic outlook is clouded by the ongoing war in Europe and the pace of monetary policy tightening by central banks in response to mounting inflationary pressures, Reserve Bank of India (RBI) report said…
• After three consecutive months of fall, consumer sentiments recover slightly in June
  1 jul 2022,retail.economictimes.indiatimes.com
  According to CMIE, poorer households have seen a much slower recovery in consumer sentiments compared to the well-off households. While the overall ICS in May 2022 was 35.7% lower than its pre-pandemic level in February 2020, the ICS of households with incomes of less than Rs 1 lakh per annum was 46%lower…
• Government hikes GST for cut & polished diamonds from 0.25% to 1.5%
  1 jul 2022,retail.economictimes.indiatimes.com
  Gem and Jewellery Export Promotion Council (GJEPC), the apex body of gem and jewellery trade in India, through a series of representations, had been seeking GST increase on cut & polished diamonds to 1.5%, GST decrease on grading and certification (GCS) to 1.5%, refund of accumulated ITC, etc…
• Flipkart Grocery demand in small towns match Metro peers in just six months
  1 jul 2022,financialexpress.com
  The idea with this category, she said, was to get consumers to transact every month and not just once in six months or once a year…
• McDonald’s India launches first all-women drive-thru restaurant near Statue of Unity in Gujarat
  1 jul 2022,retail.economictimes.indiatimes.com
  Westlife Development MD Smita Jatia said, “It is an honour for us to launch our maiden all-women employee-led drive-thru restaurant in Ekta Nagar – at the land of the prestigious Statue of Unity. We believe that this initiative will enable us to strengthen our commitment towards diversity and inclusion as well as fostering communities, by bringing in more women from the region to the workforce.”…
• Urvann raises Rs 3 crore in seed funding led by Inflection Point Ventures
  1 jul 2022,retail.economictimes.indiatimes.com
  Gardening-focused hyperlocal marketplace Urvann has raised Rs 3 crore in a seed funding round led by angel investment platform Inflection Point Ventures (IPV). The capital raised by the company will be used for the expansion of operations, according to a statement…
• Kolkata: Masks mandatory for entry into malls
  1 jul 2022,timesofindia.indiatimes.com
  KOLKATA: As Covid cases rise, some city malls have made masks mandatory at the entrance but continue to struggle with enforcement in absence of any punitive measure…
• BIRKENSTOCK India Expands Offline Presence, Opens New Store in Bengaluru

  1 jul 2022,indianretailer.com
  BIRKENSTOCK has a consistent plan of expanding the brand’s retail presence across India and Orion Mall opening will be the 2nd store to be owned andoperated by the brand in India…

• Japanese retailer Uniqlo expanding footprint beyond Delhi-NCR
  1 jul 2022,thehindubusinessline.com
  In a move that marks the beginning of its broader retail expansion in India, Japanese retailer Uniqlo is set to expand its footprint beyond the Delhi-NCR region…
• GST Council recommendations related to real estate and allied industries
  1 jul 2022,realty.economictimes.indiatimes.com
  GST exemption on renting of residential dwelling to business entities (registered persons) has been withdrawn. Sale of land after leveling, laying down of drainage lines etc. is sale of land and does not attract GST…
• Mukesh Ambani’s daughter set to be named chair of Reliance Retail; signalling succession plans in the $217 bn group
  30 june 2022,retail.economictimes.indiatimes.com
  An announcement of Isha Ambani’s elevation could come as early as Wednesday, according to people with knowledge of the matter, who asked not to be identified ahead of a formal statement. She is currently director of Reliance Retail Ventures Ltd…
• Good Glamm’s Raymond brands acquisition in the dock over valuation mismatch, financing woes
  30 june 2022,retail.economictimes.indiatimes.com
  Existing investors of GGG have expressed their reservations about the Rs 3,000 crore cash-and-stock deal that both sides were negotiating. According to them, “economics and integration flywheel of the spate of past acquisitions still need to be tested,” said one of the people…
• PVR restarts capex cycle, plans to open 125 screens in FY23
  30 june 2022,retail.economictimes.indiatimes.com
  “The company is restarting its capex cycle from FY 2022-23 and has plans of opening (around) 125 screens this year, breaking its own record of opening 87 screens in a year in FY 2019-20. The company had opened 29 screens across 5 properties in FY 2021-22,” the report said…
• Big Retailers stock up in the hope of a surge in demand
  30 june 2022,retail.economictimes.indiatimes.com
  The last quarter of FY22 saw Trent and Go Fashion double their inventory levels, while Page Industries, V-Mart, Relaxo and Aditya Birla Fashion and Retail increased their stocks by 60-70%, data from earnings presentations showed. TCNS’s investment in inventory rose by 30% while Vedant Fashions spent 40% more on it during the quarter…
• In a volatile environment the only constant was our growth: Asian Paints Chairman
  30 june 2022,retail.economictimes.indiatimes.com
  “The year saw the onset of the second wave of the pandemic which affected the demand recovery. Our operations however, made a quick recovery, given our learnings from the first wave and through our continuous efforts to raise the customer value proposition across product categories and price points,” the chairman said…
• Eveready in midst of transformation, says MD
  30 june 2022,retail.economictimes.indiatimes.com
  “The management of the company is now purely focused on harnessing these strengths for delivery of results. Some of the initiatives may need some time to fructify, but directionally these are for long-term and sustainable value creation,” he told shareholders…
• Arzooo raises $70 million in funding from Japan’s SBI Holdings and others
  30 june 2022,retail.economictimes.indiatimes.com
  Arzooo plans to use the funds to scale its business in the $65-billion category…
• Fashion and beauty industry to return to pre-pandemic growth in 2022, says Saurabh Srivastava, Director, Amazon Fashion India
  30 june 2022,retail.economictimes.indiatimes.com
  Sharing the latest consumer trends in the fashion sector and insights from Amazon Fashion’s recently concluded wardrobe refresh sale, Srivastava said that the new-age consumers are investing in both global and local brands across various fashion and beauty categories…
• Innovations can plug the growth capital gap of MSMEs
  30 june 2022,livemint.com
  India has over 7.9 million micro, small and medium enterprises (MSMEs), as of 27 March 2022, as reported by the MSME Ministry. They face a financing gap which could prove to be their Achilles heel. The sector is heterogeneous, with most MSMEs (over 7.5 million) being micro-enterprises, about 350,000 being small enterprises, and 35,773 being medium businesses. The UK Sinha Committee report (bit.ly/3A8N9UP) of 2019 had placed the overall credit gap in the MSME sector at $20-25 trillion…
• Consumer sentiment around retail spending remains positive: Report
  30 june 2022,financialexpress.com
  Nine in 10 Indian consumers under the age of 45 years are likely to experiment with new online shopping platforms this year…
• D2C brand Zouk forays into footwear category; aims to build a strong offline presence
  30 june 2022,retail.economictimes.indiatimes.com
  Sharing insights on the growth of opportunity in the footwear sector, he said that footwear has always been a large market in India, however, the demand was muted over the last two years due to COVID. He further added that a lot of consumer education has happened around materials, comfort, style and the comfort of buying from home, which will be contributing to the growth of branded D2C market for footwear in the next 3 years…
• Fashion retailer H&M’s second-quarter profit beats expectations
  30 june 2022,retail.economictimes.indiatimes.com
  Sales were up 12% year-on-year when measured in local currencies, at 54.5 billion crowns in its fiscal second quarter, the Swedish company said in a statement. Analysts polled by Refinitiv had on average predicted sales of 52.8 billion crowns…
• H&M flags more price hikes, profits boosted by fewer discounts
  30 june 2022,retail.economictimes.indiatimes.com
  “Although most of the restrictions associated with the Covid-19 pandemic essentially seem to be over, many challenges remain. Disruption and delays still exist in the supply chain, but are gradually being eased. At the same time, there is substantial inflation,” H&M said…
• PVR to install over 20 ICE Theatres in India basis performance of pilot screens
  30 june 2022,retail.economictimes.indiatimes.com
  “When it comes to introducing a new specialty format, we pilot the program first and then subject to satisfactory performance, we roll out in big numbers,” Renaud Palliere, CEO of the Luxury Collection at PVR told ET…
• VAHDAM makes UK retail debut in Holland & Barrett
  30 june 2022,retail.economictimes.indiatimes.com
  With this, VAHDAM has further strengthened its omni-channel presence. It is available in over 1000 stores in the US that include Wegmans, Erewhon Markets, Sprouts farmers market, Gelson’s market in addition to other select stores. VAHDAM is also available in over 200 stores in Canada that include Healthy Planet, Nature’s Source, Nature’s signature and more…
• IKEA to open its second store in Mumbai, at R CITY Mall
  30 june 2022,retail.economictimes.indiatimes.com
  “Mumbai is one of IKEA India’s most important markets. With IKEA R CITY, we will become more accessible to many more people in Mumbai with our well-designed, good quality, affordable, functional, and sustainable home furnishings range. With our second city store, we strengthen our omnichannel presence in Maharashtra,” Susanne Pulverer, CEO and Chief Sustainability Officer at IKEA India said…
• What Sets Apart Tynimo’s Experience Center from Other Players
  30 june 2022,indianretailer.com
  The popularity of experience retail globally has been on the rise over the years. Multiple factors seemed to have contributed to the growth: consumer expectation for a phygital experience where consumers want to a get taste of the product before ordering online. Many experts believe that experience is itself a product…
• Indic Inspirations Brings New-Age E-commerce and Phygital Shopping Experience
  30 june 2022,indianretailer.com
  With an aim to showcase India’s Soft Power, husband-wife duo Sunil Jalihal and Padmaja Jalihal (both in their 50s) founded Indic Inspirations in 2019…
• Odisha receives investment intents worth Rs 21,000cr
  30 june 2022,investing.com
  Bhubaneswar, June 29 (IANS) The Odisha government has received investment intents worth more than Rs 21,000 crore with employment potential for 19,000 people in different sectors during Odisha Investors’ Meet held in Dubai on Wednesday, officials said…
• Officer’s Choice whisky maker Allied Blenders files Rs 2,000 crore-IPO papers with Sebi
  29 june 2022,retail.economictimes.indiatimes.com
  In fiscal 2019, 2020 and 2021, and in the nine months ended December 31, 2021, the company sold 37.32 million, 33.23 million, 25.52 million and 20.66 million cases of IMFL in the country, respectively. It had an overall market share of 8.2 per cent in IMFL market by sales volumes in fiscal 2021…
• NAA finds L’Oreal guilty of profiteering Rs 186 cr
  29 june 2022,retail.economictimes.indiatimes.com
  The Directorate General of Anti Profiteering (DGAP) investigation has found that L’Oreal India Pvt Ltd has not passed the benefits of tax cut from 28 per cent to 18 per cent with effect from November 15, 2017, on a wide range of goods including face wash, shampoo, hair colour, conditioner and some make up products…
• Britannia may name Domino’s Rajneet Kohli as its first standalone CEO
  29 june 2022,retail.economictimes.indiatimes.com
  This is the first time the Nusli Wadia-led Britannia has created the post of a standalone chief executive. Berry’s role will now include looking after some businesses of the Wadia group, though exact details could not be ascertained, the executives quoted above said…
• Lower export demand, rise in costs to hit home textile makers
  29 june 2022,retail.economictimes.indiatimes.com
  The ratings agency said the balance sheets, strengthened by healthy cash accrual and debt reduction over the past two fiscals, will lend support. Exports account for 60-70% of the Indian home textile industry’s revenue…
• Bajaj Consumer Care forays into soap category, aims to expand Almond Drops portfolio
  29 june 2022,retail.economictimes.indiatimes.com
  Speaking at the company’s new soap launch, Nandi said that the foray into the soap category marks extension of the brand’s presence in the skincare category. Going ahead, the retailer plans to expand the Almond drops brand equity and launch more products over the next few quarters…
• Single-use plastics will be banned in India from July 1
  29 june 2022,retail.economictimes.indiatimes.com
  The production, importation, stocking, distribution, sale, and use of certain single-use plastic items that have a low utility and a high potential for littering will be banned starting July 1…
• Retail tech startup NutriTap raises lease finance from Grip Invest
  29 june 2022,retail.economictimes.indiatimes.com
  NutriTap currently operates over 250 smart retail kiosk locations across the tier 1 metro cities of India and Grip’s partnership will help it expand to 12 cities by end of the year…
• Indian Direct Selling industry crosses US $3.25 billion in retail sales, ranks 12th globally: report
  29 june 2022,retail.economictimes.indiatimes.com
  India reported the highest compound annual growth rate at 15.7 % over a three-year period among the top 15 direct selling countries, the report said. India also registered the highest year-on-year growth of 7.7 %. The report noted that India, despite Covid-induced disruptions and challenges, showed resilience, and reported the highest annualised growth among countries with retail sales over US $3 billion…
• Slowing exports, rising cost to crimp profitability of home textile firms: Crisil
  29 june 2022,retail.economictimes.indiatimes.com
  “This will remain a challenge for exporters till the new cotton crop arrives starting October. Supply-chain disruptions leading to volatility in ocean freight rates will also impact proMohit Makhijafitability. With domestic cotton prices soaring past international levels, exports have become less competitive. Consequently, India’s share in the US import basket moderated 700 bps in the four months ended April 2022, on-year,” said Crisi…
• Edible oil brand Gulab Oils eyes Rs 5,000 crore turnover in four years
  29 june 2022,business-standard.com
  Plans to enter ten states from four currently, expand capacity 10-fold to 1,000 tonnes a day and make additions to product portfolio…
• Ruchi Soya Industries Ltd now becomes Patanjali Foods Ltd
  29 june 2022,retail.economictimes.indiatimes.com
  In a regulatory filing, Ruchi Soya informed that it has “received an e-mail dated June 27, 2022, from the Ministry of Corporate Affairs mentioning that a fresh ‘Certificate of Incorporation pursuant to change of name’ dated June 24, 2022, was issued by the Registrar of Companies, Maharashtra, Mumbai”…
• TCL aims 7 pc share of Indian TV market this year; to enter refrigeration segment next year
  29 june 2022,retail.economictimes.indiatimes.com
  “The India TV market, putting online and offline together, is expected to be around 10 million units in 2022 and we are aiming for 7 per cent market share,” Chen told PTI…
• It’s food not fashion where price pinches as shopping bags, retailer coffers are swelling
  29 june 2022,businessinsider.in
  As malls re-opened and Covid restrictions were lifted, the first thing people seemed to have shopped for, are clothes. As they stepped out of homes after two years, Indians seemed to be intent on looking their best, and were probably itching for retail therapy all along…
• HMSHost International Expands Footprint in India
  29 june 2022,aviationpros.com
  HMSHost International, global market leader in the food and hospitality industry for people on the move, is strengthening its presence in India with the addition of 14 new stores at the newly developed Terminal in a Garden, T2, and 10 new stores in T1, at Bangalore International Airport Limited’s (BIAL’s) Kempegowda International Airport (BLR Airport), Bengaluru. Together, these tender wins strengthen the company’s footprint at the airport to a total of more than 30 stores…
• Arzooo raises $70 million to bring ‘best of e-commerce’ to physical stores in India
  29 june 2022,techcrunch.com
  Arzooo, an Indian startup that is attempting to bring the “best of e-commerce” to physical stores, has raised $70 million in a new financing round as it looks to scale its retail platform across the South Asian market…
• D2C Sales Hit New High and Projected to Become $60bn Industry by FY27
  29 june 2022,indianretailer.com
  Grocery and gourmet, apparel and footwear, and personal care are the largest D2C categories, collectively capturing more than 75 percent of the D2C market…
• India’s Direct Selling Industry Ranks 12th Globally, Surpasses Retail Sales Of US $3.25bn
  29 june 2022,goodreturns.in
  The direct selling industry of India in terms of retail sales surpassed the value of US $3.25 billion in 2021. Also, it stood at the 12th place among global direct sellers in global ranking as per the report issued by the World Federation of Direct Selling Associations (WFDSA)…
• L’Oréal re-launches Lancôme in India
  29 june 2022,livemint.com
  NEW DELHI : French beauty products company L’Oréal has re-launched its luxury beauty brand, Lancôme, in India…
• Daily News Wrap-Up: LG Electronics Acquires AppleMango, Enters EV Charging Business
  29 june 2022,mercomindia.com
  LG Electronics announced the acquisition of the South Korean EV charger solutions provider, AppleMango, jointly with GS Energy and GS Neotek. The acquisition is expected to accelerate the growth of LG’s EV charging solution business and enable the company to take advantage of future business opportunities. This strategic move,…
• Lifestyle announces its most-awaited SALE of the Season
  29 june 2022,prnewswire.com
  BANGALORE, India, June 28, 2022 /PRNewswire/ — Lifestyle, India’s leading fashion destination for the latest trends, has announced its much-awaited ‘SALE’ which is now live. Customers shopping at Lifestyle Sale can find up to 50% off along with many more exciting deals on latest styles across top fashion brands…
• Mukesh Ambani resigns from Reliance Jio; hands over telecom business reins to son Akash Ambani
  29 june 2022,timesofindia.indiatimes.com
  NEW DELHI: In the first clear signs of a succession plan being charted out at India’s most valuable company, billionaire Mukesh Ambani resigned from the board of his $217 billion group’s telecom arm, Reliance Jio, and handed over the firm’s reins to elder son Akash Ambani…
• Ishan Bakshi writes: Market reality is catching up to the tech startup ecosystem
  29 june 2022,indianexpress.com
  Ishan Bakshi writes: Whichever way you slice the data, there aren’t that many consumers with significant discretionary spending capacity, and those with capacity aren’t increasing their spending…
• Ethnix by Raymond Expands Offline Presence, Opens New Store in Delhi
  29 june 2022,indianexpress.com
  The brand offers ready-to-wear apparel such as Park Avenue, Raymond Ready To Wear ColorPlus, Parx, and Ethnix…
• Edelweiss in talks to sell Future Lifestyle’s Cover Story to Reliance Retail
  28 june 2022,retail.economictimes.indiatimes.com
  Cover Story was launched six years ago to take on global fast fashion brands Zara and H&M, while aLL caters to the plus-size market. Women’s wear label Jealous 21 competes with brands such as Levi’s and Forever 21…
• Santoor becomes Rs 2,300 crore brand, Wipro Consumer FY23 turnover at Rs 8,634 crore
  28 june 2022,retail.economictimes.indiatimes.com
  Though the company is concerned about the inflationary pressure but expects business to improve in FY23 as palm oil prices are softening and the price of crude oil going down. Moreover, demand would be helped by a good monsoon and generation of more employment, he said…
• Top companies lead charge in retail’s expansion push
  28 june 2022,retail.economictimes.indiatimes.com
  As per a recent report by ICICI Securities, 16.7 million square feet of retail space would be added by eight large, listed retail chains between FY21 and FY24 as compared to 8 million square feet added in the preceding four years of FY18-21. These companies also include Titan, Bata, V-Mart, TCNS and Shoppers Stop…
• Will continue to look for acquisition opportunities, says Tata Consumer chairman N Chandrasekaran
  28 june 2022,retail.economictimes.indiatimes.com
  “We also believe in inorganic expansion and yes inorganic expansion is one of the key strategies for the company. The cash in the company will be used definitely for the right inorganic growth opportunities,” he said…
• Good brands like Fortune have strong resilience against drop in prices: Adani Wilmar CEO
  28 june 2022,retail.economictimes.indiatimes.com
  “We have reduced the MRP, and we had announced that about a week back. As the prices keep going down, all the commodity players will also have to correct their prices. However, when there is a strong brand like Fortune, we have an advantage where the pass through is not as rapid as consumers do not look at the daily market prices, says Angshu Mallick.”…
• Consumers find discrepancies in online ratings and reviews: survey
  28 june 2022,livemint.com
  In fact, 65% of those surveyed found the product ratings on e-commerce sites to be positively biased indicating that sellers may be influencing ratings for their products to attract consumers and platforms are not proactively acting in such situations…
• Ola winds up q-commerce platform Ola Dash
  28 june 2022,livemint.com
  “Ola has reassessed its priorities and decided to shut down Ola Dash – its quick commerce business. Ola will also be reorienting its Ola Cars business to focus more on strengthening the go-to-market strategy for Ola Electric,” the company said in a statement…
• TTK Prestige acquires 40% stake in Ultrafresh Modular Solutions
  28 june 2022,retail.economictimes.indiatimes.com
  The acquisition is in line with TTK Prestige’s overall goal of becoming a total kitchen solutions brand. Ultrafresh Modular Solutions will continue to operate autonomously with the current leadership…
• MSME can generate more profits from e-commerce: MSME MoS Verma
  28 june 2022,retail.economictimes.indiatimes.com
  While speaking at the CII Indian MSME growth summit, Verma said that MSMEs play an important role in job creation and expansion of manufacturing base in the country, and there is a need to enhance focus on them to achieve a USD 5 trillion economy…
• Purple Style Labs raises $10 million
  28 june 2022,livemint.com
  The company is currently expanding its existing footprint in Mumbai, Delhi and Hyderabad, along with opening in new cities such as Chennai and Surat…
• FSSAI comes out with regulations for vegan foods
  28 june 2022,retail.economictimes.indiatimes.com
  ​​​ Food Safety and Standards Authority of India (FSSAI) has come out with the Food Safety and Standards (Vegan Foods) Regulations, 2022. The regulator had brought the draft regulations in September 2021. After considering objections and suggestions received from the public in respect of the draft regulations, the FSSAI has come out with the new regulations…
• Pabrai’s Ice Creams to expand footprint; to set up new plant in Bengal
  28 june 2022,retail.economictimes.indiatimes.com
  ​​​The company that boasts of making 100 per cent natural Ice creams without use of artificial essences and colors said, the new plant at Howrah district of West Bengal will be a one-million litre per annum ice-cream capacity plant and is expected to be operational by end of FY’23. It will cost around Rs 8 crore…
• IKEA Bengaluru sees 3-hour wait as store witnesses huge weekend rush
  28 june 2022,retail.economictimes.indiatimes.com
  The Nagasandra Store is IKEA’s fourth store in India, it said in a release, adding that the store will be an iconic landmark in the city, providing home furnishing solutions catering to the diverse needs of the family…
• The Rise and Growth of Indian Retail Homegrown Brands
  28 june 2022,indianretailer.com
  Average Indian consumers have become more aware of their needs, global trends, and the diversity of goods and services available in the global markets…
• Cantabil Retail India marks opening of 400 stores; stock marginally up
  28 june 2022,indianretailer.com
  Cantabil Retail India Limited, which was founded in 1989 and is in the business of designing, manufacturing, branding, and retailing apparel and accessories, has informed the exchange that it has reached the 400-store milestone today with the opening of a new store in Hajratganj, Lucknow…
• Reliance, CP group, PE firms in race for Metro Cash & Carry India
  28 june 2022,businesstoday.in
  With the date of submission of non-binding offers nearing, major business groups and investment arms are gearing up to tap Metro’s wholesale reach…
• B2B lending platform Progcap raises $40 million in funding
  28 june 2022,economictimes.indiatimes.com
  Business-to-Business (B2B) lending platform Progcap has raised $40 million, in an extension of its Series C funding round…
• Purple Style Labs raises $10 million
  28 june 2022,livemint.com
  The company is currently expanding its existing footprint in Mumbai, Delhi and Hyderabad, along with opening in new cities such as Chennai and Surat…
• Tasva plans to open 75 India stores by March 2023
  28 june 2022,fashionnetwork.com
  Men’s ethnic and occasion wear brand Tasva aims to open 75 brick-and-mortar stores pan-India by the end of the 2023 financial year to establish itself as as a key player in the men’s ready-to-wear market…
• Indians Made 9.36 Billion Transactions In Q1 2022, 64% Of Them Through UPI
  28 june 2022,outlookindia.com
  Credit cards, however, remain the preferred mode for high value transactions, according to the Worldline digital payments report. They accounted for 7 per cent in volume and 26 per cent in value in terms of total transactions…
• Brigade Group signs JDA to develop 2.1 million sq ft in Chennai
  28 june 2022,realty.economictimes.indiatimes.com
  The land, located at Perumbakkam, just off OMR Sholinganallur junction, is spread over 15 acres and will be developed as a large residential township…
• TTK Prestige acquires over 40% stake in Ultrafresh Modular Solutions
  28 june 2022,realty.economictimes.indiatimes.com
  TTK Prestige said that the business is well on its way to achieving double-digit growth. With this acquisition, the company is making an entry into the Rs 9,500 crore modular kitchen industry…
• Indian fashion brands gear up for upcycling
  28 june 2022,timesofindia.indiatimes.com
  The average American is said to throw away about 37 kg/81 pounds of clothes every year, as per a survey conducted by the Ellen MacArthur Foundation…
• Top companies lead charge in retail’s expansion push
  28 june 2022,timesofindia.indiatimes.com
  As per a recent report by ICICI Securities, 16.7 million square feet of retail space would be added by eight large, listed retail chains between FY21 and FY24 as compared to 8 million square feet added in the preceding four years of FY18-21. These companies also include Titan, Bata, V-Mart, TCNS and Shoppers Stop…
• How This Ethnic Saree Brand Has Been Growing 8X YoY Working with 400 Weavers across 19 Cities
  28 june 2022,indianretailer.com
  The brand has been able to accomplish that by targetting 18 million NRI’s living outside India who are desperately looking forworld-class ethnic fashion brands…
• Reliance, PremjiInvest, CP Group, Swiggy look to bid for Metro India unit
  27 june 2022,retail.economictimes.indiatimes.com
  The Tata Group and private equity fund Bain Capital are evaluating the $1-1.5 billion buyout opportunity but are yet to firm up any plans, said the people mentioned above…
• Zomato-Blinkit Deal: Fleet integration, customer cross-selling top priorities
  27 june 2022,retail.economictimes.indiatimes.com
  Zomato’s board approved its acquisition of quick commerce startup Blinkit (formerly Grofers) for Rs 4,447 crore ($570 million) in an all-stock deal on Friday…
• iD Fresh Food expects Rs 700 crore revenue in the current fiscal; plans to expand its manufacturing facilities
  27 june 2022,retail.economictimes.indiatimes.com
  Sharing about the expansion plans, Musthafa said they are setting up a manufacturing facility in Delhi this month and in Kolkata by next financial year. They are expanding their production units as they want to deliver their products fresh…
• $83 bn in FY22: FDI will play a significant role in India’s future economic development
  27 june 2022,retail.economictimes.indiatimes.com
  Several sectors remained attractive to investors, including FMCG, IT, pharma, financial services, etc. Some of the top countries from where equity inflows were recorded were Singapore ($11.69 billion), the US ($7.52 billion) and Mauritius, apart from the UK, Cayman Islands, and Netherlands…
• ASICS expects 50 pc of sales from online channel in India in 2-3 years
  27 june 2022,retail.economictimes.indiatimes.com
  “Prior to the pandemic, digital sales from our own website and marketplaces like Amazon and Flipkart was around 25 per cent of the total sales. Now it has touched 35 per cent of the total business…It is still growing,” ASICS India and South Asia Managing Director Rajat Khurana told PTI…
• Mobiles could get cheaper this festive season as companies look to liquidate stock
  27 june 2022,retail.economictimes.indiatimes.com
  ​​​”The festive season in H2, 2022 is expected to bring in some steep discounts in the Indian market. Online discount sales have increased in Q2, 2022, and we expect a renewed push to it in the upcoming quarters,” said Rajeev Nair, senior analyst, Strategy Analytics that tracks consumer market trends…
• Key Trends Shaping the Future of Malls in India
  27 june 2022,indianretailer.com
  ​​​Over the last few years, shopping malls have evolved from shopping destinations to entertainment destinations…
• Bata India to expand its online presence through social commerce foray
  27 june 2022,indianretailer.com
  From going to a local multi-brand store to shopping in branded outlets in malls and now e-commerce, the way consumers shop for footwear has continuously evolved. Bata India, one of the largest footwear brands in the country, has also evolved with changing trends. And now, in a bid to reach out to the consumers where they are, the company will be deepening its presence on social media by offering social commerce…
• ‘A brand that really stands for something  is an immediate hit’
  27 june 2022,livemint.com
  There’s really no better market than India because it’s truly one of the most exciting categories to be in right now, says Antara Kundu, deputy general manager, Asia South, marketing, brand and customer acquisition, The Body Shop…
• ASICS expects 50% of sales from online channel in India in 2-3 years
  27 june 2022,business-standard.com
  Japanese sportswear major ASICS expects online channel to account for 50 per cent of its total sales in India in the next two-three years with consumers…
• Open Network for Digital Commerce a fascinating idea; excited about prospects: Amazon India senior exec
  27 june 2022,retail.economictimes.indiatimes.com
  The views assume significance as the government in April this year launched the pilot phase of India’s own open network for digital commerce or ONDC, a UPI-type protocol, in five cities, with the ambitious project geared to democratise the fast-growing e-commerce sector, help small retailers and reduce the dominance of online retail giants…
• Blinkit acquisition to add significant addressable market for Zomato: CEO Deepinder Goyal
  25 june 2022,retail.economictimes.indiatimes.com
  Blinkit’s proprietary tech platform, the scale of business, and relationships with third-party brands and sellers are key to Zomato…
• Raymond aims to be net debt-free company in next 3 years
  25 june 2022,retail.economictimes.indiatimes.com
  The net debt-to-equity ratio of the leading Indian branded fabric and fashion retailer has also come down to 0.4 in FY22 from 0.8 of FY20, the report said. “The company is focussed on liquidity management through cost reduction initiatives and working capital optimisation with a stated aim of becoming a net debt-free company in the next three years,” it said…
• L’oreal profiteered ₹186 crore by not passing GST benefits to consumers: National Anti-Profiteering Authority
  25 june 2022,livemint.com
  The national anti-profiteering authority has directed L’oreal to deposit the sum along with 18% interest in the consumer welfare fund…
• E-commerce grocery companies shift focus to large packs to drive higher returns
  25 june 2022,retail.economictimes.indiatimes.com
  Executives said large packs also serve as a more convenient option for consumers, a trend that took off during Covid-induced lockdowns and accelerated with surging in-home consumption across both essentials and discretionary products…
• 20-25% of businesses in India are run by women but less than 2% are able to raise capital: Vineeta Singh, Sugar Cosmetics
  25 june 2022,retail.economictimes.indiatimes.com
  “As women, we struggle with equity as well as debt fund raising and the number of women founders should go to 30-40% over the next decade. Hopefully we will have a similar ratio in terms of the number of women getting funded as well because without access to capital, it is hard to scale and build large enterprises.”…
• Snacks, stationery sales pick up as kids return to school
  25 june 2022,retail.economictimes.indiatimes.com
  Physical reopening of educational institutions has thrown a lifeline to categories such as stationeries and school shoes that were hit hard by Covid-19 and study from home, while impulse categories like packaged snacks and confectionery have got a boost amid an overall slowdown in discretionary spending…
• Amazon invests Rs 375 crore in its Indian logistics arm
  25 june 2022,retail.economictimes.indiatimes.com
  The investment comes at a time when Amazon is onboarding more local sellers on its marketplace…
• Role of technology in boosting MSME’s ability to handle supply chain volatilities
  25 june 2022,retail.economictimes.indiatimes.com
  The supply chain is the epicenter that covers all phases which are involved in placing a product in the ambit of the consumers right from acquiring raw materials, manufacturing, and distributing to warehousing and shipping the finished products…
• HUL to get 100% fossil fuel chemical-free by 2030, says chairman Nitin Paranjpe
  25 june 2022,retail.economictimes.indiatimes.com
  Paranjpe revealed that HUL has been successful in reducing the carbon footprint- emission of greenhouse gases due to burning of fossil fuels- by 94% in the past few years. In addition to being a plastic-neutral company (in 2021), thermal energy has been replaced by green energy as far as operations are concerned, he added…
• Ikea to relocate purchasing office to Bengaluru from Gurugram
  25 june 2022,retail.economictimes.indiatimes.com
  “If a co-worker chooses not to move to Bangalore, we will do our utmost to support them in finding job opportunities within IKEA such as IKEA retail India or other IKEA units outside India. It will follow the recruitment process and relocation support as per the relocation policy…
• D2C oral beauty, wellness brand Perfora raises $1 million in funding led by Sauce
  25 june 2022,retail.economictimes.indiatimes.com
  Perfora will use the funds to build its team, introduce a range of innovative oral care solutions, strengthen its brand positioning, and expand distribution…
• Degrading Mall Culture In India
  25 june 2022,inventiva.co.in
  The mall culture in India started during the 1990s. All this began when the retail trend became prominent in India in 1999. “Ansal Plaza” in Delhi was the first-ever mall in India. Till the end of 2002, only “Ansal Plaza ”, “Spencer Plaza ” in Chennai, and “Crossroads” in Mumbai were the only three malls in India…
• Lulu Group to expand to Chennai, Hyderabad and Ahmedabad
  25 june 2022,moneycontrol.com
  Lulu Group International currently has five malls in the country located in Kochi, Bengaluru, Thiruvananthapuram, Thrissur, and Lucknow…
• Why you should wear ‘vocal for local’ while globetrotting
  25 june 2022,lifestyle.livemint.com
  When it comes to dressing for your long-awaited sojourn, there is no need to look further than our homegrown labels…
• DMart and JioMart are unable to keep pace with Dunzo, Swiggy Instamart, Ola Dash
  25 june 2022,businessinsider.in
  Quick commerce platforms like Dunzo, Zepto, Blinkit are getting ahead of the retail stores in terms of fast delivery at your convenience…
• Godrej Interio strengthens omnichannel retail presence in Southern India and eyes 60% growth by FY25
  25 june 2022,newspatrolling.com
  Godrej Interio has been investing heavily in key digital technologies, automations, processes and people to build a robust, truly Omni-channel, omnipresent furniture brand with the largest footprint across the country…
• Bluestone expands retail footprint for store in Mumbai
  25 june 2022,fashionnetwork.com
  Bluestone, India’s leading omni-channel fine jewellery brand has expanded its retail presence with a new store in the city of Mumbai…
• Facing most difficult economic situation, says HUL chairman Nitin Paranjpe
  24 june 2022,retail.economictimes.indiatimes.com
  Last month, wholesale prices rose to a record when referenced to the new reporting benchmark, with the gauge climbing to just shy of 16%…
• Chaayos raises $53 million for business expansion
  24 june 2022,retail.economictimes.indiatimes.com
  The company said the funding round was led by Alpha Wave Ventures with participation from all existing investors — Elevation Capital, Tiger Global and Think Investments…
• ITC records 3x growth in e-commerce sales as compared to pre-pandemic levels
  24 june 2022,retail.economictimes.indiatimes.com
  In its recently released annual report, the company revealed that it collaborated with leading e-commerce platforms on all aspects of operations, including category development, marketing, and supply chain and customer acquisition…
• Ikea to shut its purchase office in Delhi-NCR
  24 june 2022,retail.economictimes.indiatimes.com
  Swedish furniture retailer Ikea is shutting down its purchasing office in the Delhi NCR region, which has been operational for decades…
• Flipkart Group commits to net zero carbon emissions by 2040
  24 june 2022,retail.economictimes.indiatimes.com
  New Delhi: E-commerce major Flipkart Group has committed to achieving net-zero carbon emissions target in its own operations by 2030 and the larger value chain by 2040, according to a statement…
• Indian economy to grow by 7-7.8% in FY23 despite global headwinds: Experts
  24 june 2022,retail.economictimes.indiatimes.com
  Noting that global inflationary pressures and the Russia-Ukraine war have brought in risks to the economy, which is otherwise strong with all the domestic macro fundamentals being well managed, he said unlike advanced economies, India’s Covid stimulus measures, especially the fiscal policy interventions, are less inflationary and rather growth-enhancing…
• Small companies step up hiring of women amid labour crisis
  24 june 2022,retail.economictimes.indiatimes.com
  An increasing number of Indian micro, medium and small enterprises (MSMEs) have stepped up their hiring of women talent to meet the labour shortage prevalent in the market, said MSME owners and staffing companies ET spoke with. The post-pandemic migrant labour crisis-when many workers moved back to their hometowns and several of them did not return–has prompted MSMEs to increasingly rely on the female talent pool by hiring from local areas…
• Consumers trim spending on fuel, clothing: Survey
  24 june 2022,livemint.com
  Among the 1,013 urban respondents polled online during 7-10 June, 46% said their cost of living has gone up ‘a lot’ compared to 12 months ago, while 33% said it has gone up ‘a little’…
• Titan’s women ethnic wear brand Taneira eyes Rs 300 cr revenue in FY23
  24 june 2022,retail.economictimes.indiatimes.com
  The brand will predominantly focus on the saree business which is a Rs 50,000 crore market growing at a compound annual growth rate (CAGR) of 6-8 per cent, a top company official said…
• Skechers inks agreement with Lodha to expand distribution capabilities
  24 june 2022,retail.economictimes.indiatimes.com
  The Skechers distribution centre will expand the company’s existing distribution capabilities five-fold, transitioning its existing facility to a technologically-advanced centre increasing the company’s ability to grow its business in India over the next 5-7 years, according to a statement…
• Let’s Go Green! EV Charging Stations To Be Setup By Jio-BP At Nexus Malls In 13 Indian Cities
  24 june 2022,thelogicalindian.com
  As one of the largest mall owners in India, Nexus Mall-Jio’s partnership can accelerate the Electric Vehicle market in the country and quench apprehensions around the lack of infrastructure available…
• A top Indian retailer says this year’s summer sale was the best in a decade
  24 june 2022,cnbctv18.com
  While this year’s summer may have been the worst, it was the best in a decade for electronics company Vijay Sales, with many rushing to buy and upgrade air coolers, air conditioners, and refrigerators to beat record temperatures…
• How Baby Apparel Brands Discovered the Formula to Success with D2C
  24 june 2022,indianretailer.com
  Kidswear market accounted for 20 percent of the total apparel market in the year 2018 and is predicted to reach approximately Rs 1.7 trillion by 2028…
• Raymond clocks in consolidated revenue worth Rs 6,438 cr in FY21-22
  24 june 2022,indianretailer.com
  Textiles and fashion retailer Raymond Group said that it has earned a consolidated revenue of Rs 6,438 crore in FY2021-22, up from Rs 3,648 crore in FY2020-21, as per its annual report. The Gautam Singhania-led behemoth raked in earnings before interest, taxes,…
• Evolving role of marketplace: The vital cog between sellers and consumers of today
  24 june 2022,timesofindia.indiatimes.com
  From online retail to food delivery, the evolution of the marketplace model keeps embracing new categories. In a constantly changing ecosystem, not only are the buyers spoilt for choice…
• ITC FMCG business’ annual consumer spend over Rs 24,000 crore in FY22
  23 june 2022,retail.economictimes.indiatimes.com
  ITC portfolio of “over 25 world-class Indian brands, largely built through an organic growth strategy in a relatively short period of time, represents an annual consumer spend of over Rs 24,000 crore and reach over 200 million households in India,” the annual report said…
• IKEA opens first big box format store in Bengaluru; to invest Rs 3000 crore in Karnataka
  23 june 2022,retail.economictimes.indiatimes.com
  IKEA, part of the Ingka Group, has earlier announced it is going to invest Rs 10,500 crore to set up stores across major cities, including Bangalore and Hyderabad. “The company plans to focus on Bangalore, Hyderabad, Mumbai, and Delhi-NCR in the first phase of store roll out in India,” said Pulverer…
• Zomato board likely to approve Blinkit acquisition on Friday
  23 june 2022,retail.economictimes.indiatimes.com
  “Pursuant to Regulation 29 of Listing Regulations, as amended, this is to inform you that a meeting of the board of directors of Zomato Limited (“the Company”) is scheduled to be held on Friday, June 24, 2022, to discuss a potential acquisition transaction by the Company,” the food delivery giant said in a filing…
• Amazon eyes major expansion in UP to create 1 million jobs in India by 2025
  23 june 2022,retail.economictimes.indiatimes.com
  “Pursuant to Regulation 29 of Listing Regulations, as amended, this is to inform you that a meeting of the board of directors of Zomato Limited (“the Company”) is scheduled to be held on Friday, June 24, 2022, to discuss a potential acquisition transaction by the Company,” the food delivery giant said in a filing…
• ETRetail interviews: Amazon Fresh director on grocery retail journey from farm to fork
  23 june 2022,retail.economictimes.indiatimes.com
  In conversation with ETRetail, Srikant Sree Ram, director, Amazon Fresh talks about the company’s products and services, farm to fork supply chain, growing importance of online grocery delivery segment for retailers, and the roadmap ahead for Amazon Fresh in India…
• ‘Dilli Bazaar’ e-portal to be launched in December: Delhi govt
  23 june 2022,retail.economictimes.indiatimes.com
  The government will bring over one lakh shops of Delhi to the e-portal within six months of launch and give them a 24×7 digital storefront. With zero setup cost, products on Dilli Bazaar will be significantly cheaper than those on other e-commerce portals, the statement said…
• Twitter joins Shopify to bring merchants’ products on its platform
  23 june 2022,retail.economictimes.indiatimes.com
  The company has built a Twitter sales channel app, available in Shopify’s App Store and through the Shopify admin…
• Silver jewellery startup GIVA raises funds from Aditya Birla Ventures, others
  23 june 2022,retail.economictimes.indiatimes.com
  “Having achieved a revenue of Rs 100 crore in FY2021-22, the company plans to deploy the raised capital in driving channel expansion and further diversifying its range of beautifully crafted jewellery pieces to enter new categories,” it added…
• Varun Beverages’ Jaipuria settles insider trading case with Sebi; pays Rs 56 lakh
  23 june 2022,retail.economictimes.indiatimes.com
  The latest order came after Jaipuria approached Sebi to settle the proceedings initiated against him for the alleged violation “without admitting or denying the finding”…
• Will your Frooti & Maaza packs go off the shelves from July 1?
  23 june 2022,business-standard.com
  Govt has decided to phase out single-use plastic from the country. So, FMCG companies are now scrambling to find a replacement for plastic straws. Here’s an insight into the world of plastic straws…
• Inflationary headwinds pose significant challenges in the near term: ITC
  23 june 2022,business-standard.com
  Unprecedented inflationary headwinds pose significant challenges in the near term and remain a key monitorable for the FMCG industry, ITC said in its report on Wednesday…
• Kellogg India to be part of Global Snacking Co
  23 june 2022,retail.economictimes.indiatimes.com
  In its announcement, Kellogg Company said North America Cereal Co, with about $2.4 billion in net sales, will be a leading cereal company in the US, Canada, and the Caribbean, with a portfolio of brands such as Kellogg’s, Frosted Flakes, Froot Loops, Mini-Wheats, Special K, Raisin Bran, Rice Krispies, Corn Flakes, Kashi and Bear Naked…
• ITC to sell Rs 1,990 crore of raw tobacco to parent company BAT
  23 june 2022,retail.economictimes.indiatimes.com
  The conglomerate is also revising the salary of chairman and managing director Sanjiv Puri and two executive directors, Nakul Anand and B Sumant, from October to make the remuneration “market competitive, performance driven and long term oriented, while recognizing the enduring impact of leadership on business performance and the need to reward talent,” it said in the notice…
• Mall operators are now heading for small cities teeming with customers
  23 june 2022,retail.economictimes.indiatimes.com
  Tier-2 cities such as Indore, Lucknow, Ahmedabad, Jaipur, Udaipur, Chandigarh and Mohali are set to see supply of close to 2 million sq ft of grade A malls, as retailers are pushing to open stores in smaller cities amid increasing demand…
• Nexus Malls partners with Jio-bp to launch EV charging stations across malls
  23 june 2022,fashionnetwork.com
  Reliance Industries Limited’s mall chain Nexus Malls has partnered with Jio-bp, a fuel and mobility joint venture between RIL and bp, to launch electric vehicle charging stations across its 17 malls in 13 cities…
• Lulu Group to expand malls alongside e-commerce, sees the two as complimentary
  23 june 2022,fashionnetwork.com
  As Lulu Group continues to expand its network of malls across India, the business is confident that malls will not only survive the rise of e-commerce, they can actually benefit from it…
• Gujarat tops food joints’ hygiene rating, Tamil Nadu comes second
  23 june 2022,newindianexpress.com
  NEW DELHI: Gujarat tops the list of food establishments that have been given the highest number of hygiene rating certificates in 2021-22, followed by Tamil Nadu, according to the Food Safety and Standards Authority of India (FSSAI) which has awarded till March this year over 16,000 such rating certificates, which is compulsory for food businesses before commencement…
• Online Lingerie Market in India to Reach USD 859.41 Million by 2026 at 18.07% CAGR | Technavio
  23 june 2022,prnewswire.com
  NEW YORK, June 22, 2022 /PRNewswire/ — The “Online Lingerie Market In India by Product (Bra, Knickers and panties, and Others) and Type (Natural and Synthetic) – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification…
• Ikea India to source more products locally amid rising inflation
  23 june 2022,fashionnetwork.com
  Ikea India plans to source more products locally to combat rising inflation, as the Swedish furniture group looks to connect better with the country’s burgeoning middle class, a top executive said on Tuesday.’…
• Skincare startup Mamaearth eyes $3 billion valuation in 2023 IPO
  22 june 2022,retail.economictimes.indiatimes.com
  Mamaearth is targetting a valuation of around $3 billion – 10-12 times forward earnings based on sales growth and future revenue potential, a person briefed on the discussions said. It plans to file draft regulatory papers by the end of this year, said sources, who declined to be named as the plan is private…
• Ikea India to source more products locally amid rising inflation
  22 june 2022,retail.economictimes.indiatimes.com
  The company’s fourth Indian store, its biggest, opens in the Indian tech hub of Bengaluru in Karnataka on Wednesday, four years after Ikea entered the Indian market…
• Improving monsoon lifts FMCG companies’ hopes of rural consumption
  22 june 2022,retail.economictimes.indiatimes.com
  “It’s clear that the good monsoon trend we’re seeing will lead to demand revival in rural markets by September,” said Saugata Gupta, chief executive of Marico, maker of Parachute hair oil and Saffola edible oils and oats. “A base effect will also play out as demand started to taper in the September quarter last year.”…
• Shopping malls to co-exist with e-commerce: LuLu Group’s business head
  22 june 2022,retail.economictimes.indiatimes.com
  Commenting on the increasing use of technology in retail, Sunil Kataria, CEO, lifestyle business, Raymond, told ETRetail that the brand is actively using digital technology like visualization, store locators, and geo-fencing, to understand the consumer’s journey better and improve their shopping experience…
• We aim to achieve Rs 1,000 crore revenue in next 3 years: Cantabil Retail Director
  22 june 2022,retail.economictimes.indiatimes.com
  We’re opening close to 80 – 90 stores per year, and aim to maintain that pace. In the next three years, we aim to become a Rs 1,000 crore company in terms of revenue…
• Amazon Retail India enters Gujarat, to source directly from farmers
  22 june 2022,retail.economictimes.indiatimes.com
  The e-commerce major said the aim is to empower the farmers of Gujarat and offer high-quality fruits and vegetables to its customers…
• Xpressbees enters D2C delivery business after Shiprocket’s Pickrr deal
  22 june 2022,retail.economictimes.indiatimes.com
  Xpressbees said it will offer same-day and next day deliveries to D2C brands and large offline brands which are tapping into online commerce…
• Evenflow acquires furnishing brand Trendy Home, to enter the US through Amazon
  22 june 2022,retail.economictimes.indiatimes.com
  This is Evenflow’s 8th acquisition in the last eight months and with the latest deal, Evenflow seeks to start building its capabilities in international markets. The company said its infrastructure will be replicated and used to scale other acquired brands in the US through Amazon…
• Kellogg to split into three independent companies
  22 june 2022,retail.economictimes.indiatimes.com
  Companies have begun to split up at an accelerated pace, including General Electric, IBM and Johnson & Johnson, but such splits are more rare for food producers. The last major split in the sector was in in 2012, when Kraft split to create Mondelez…
• IKEA India opens its first Bengaluru Store at Nagasandra, Bengaluru
  22 june 2022,retail.economictimes.indiatimes.com
  Spread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-designed home furnishing IKEA products along with inspiring home sets to instill creative ideas to decorate your home…
• How digital tech is helping to merge online & offline retail
  22 june 2022,timesofindia.indiatimes.com
  The pandemic got even the digitally non-savvy to start shopping online. But today, malls are once again often bursting at their seams. Yet, it’s a good mix and a seamless experience between the physical and digital that customers want…
• Bhubaneswar: BMC extends night sweeping to markets, shopping complexes
  22 june 2022,timesofindia.indiatimes.com
  BHUBANESWAR: The Bhubaneswar Municipal Corporation (BMC) on Tuesday made it mandatory to carry out night sweeping in commercial areas of the city to ensure that they look spic and span in the morning…
• Running Again
  22 june 2022,businessworld.in
  A favourable policy and taxation regime is what the branded footwear sector needs to get up and get running again…
• Top 10 Industries in India with the most billionaires
  22 june 2022,inventiva.co.in
  In India, a number of major industry groups are performing exceptionally well, producing billionaires. Several industry sectors are outperforming the others and favourably impacting the Indian economy by catering to the needs of both the home market and exports…
• Milind Soman becomes face of Fujifilm India’s healthcare and Instax business
  22 june 2022,inventiva.co.in
  As part of the partnership, Soman will be the face of all major brand campaigns by Fujifilm India for medical imaging and Instax division, focusing mainly on health awareness, wellness and lifestyle campaigns…
• Meta steps into digital designer fashion with Balenciaga, Prada and Thom Browne
  22 june 2022,forbesindia.com
  It was via an Instagram Live that Mark Zuckerberg and Eva Chen, vice president of fashion partnerships at Instagram, announced the news, mentioning a new storefront for the avatars of Facebook, Instagram and Messenger users…
• The Comic Book Store plans to expand through a franchise model across India, reveals founder Hamza Sayed

  22 june 2022,animationxpress.com
  Comic books have been around in India since the time of Indian independence. The comic book industry is a significant niche industry all over the world but is more popular outside India, especially in the U.S., Japan, Canada, the U.K., and others. Although India also has a plethora of comic books, the youth is more interested in international comic books based on superheroes belonging to the universe of Marvel and DC and manga…

• Mulling smaller stores in other cities to expand India biz: IKEA chief
  22 june 2022,animationxpress.com

  In a Q&A, Susanne Pulverer says the Swedish firm aims at 5 mn footfalls at its new mega store in Bengaluru this year…

• Britannia weighs dairy pact with restaurants
  21 june 2022,retail.economictimes.indiatimes.com
  The annual report said the company also plans to “incubate the ‘fresh business’ through the launch of multiple products such as Greek yogurt and smoothies under the Come Alive brand”. The company said it has manufacturing capabilities for yogurt, processed cheeses and skimmed milk powder, and that it has scaled up milk collection up to a daily 65,000 litres…
• Kamdhenu demerges paints business; to list new entity Kamdhenu Ventures in Jul-Sep quarter
  21 june 2022,retail.economictimes.indiatimes.com
  NCLT, Chandigarh has approved the Scheme of Arrangements including demerger of paint business. The judgment will pave the way for listing of Kamdhenu Ventures Limited, the holding company for the paint business namely Kamdhenu Colour and Coatings Limited, by the next quarter on the BSE and NSE, it said…
• Despite global issues, Revlon pursuing growth in India
  21 june 2022,retail.economictimes.indiatimes.com
  Revlon, which first made its mark in India with prominent standalone counters, exclusive kiosks and shop-in-shop outlets across malls and markets, is seeing “record consumer offtake growth in these formats after Covid-induced disruptions”, Modi claimed. Executives at two retail chains, however, told ET that the cosmetics company has significantly reduced exposure in malls amid heightened competition from new-age and global brands…
• Need to protect consumers amid consolidation of internet-economy in hands of few: Govt
  21 june 2022,retail.economictimes.indiatimes.com
  Addressing a national workshop for effective and speedy consumer disputes redressal, Food and Consumer Affairs Minister Piyush Goyal said that consumer commissions are the only hope for consumers who are need of justice…
• Will Amazon be able to overcome challenges to its expansion plans in India?
  21 june 2022,business-standard.com
  A tougher global e-commerce environment and repeated policy and regulation problems are raising questions about the company’s India expansion plans…
• E-commerce platforms provide an $8 billion market for digital ads in India
  21 june 2022,retail.economictimes.indiatimes.com
  The total advertising market in India stood at $11 billion in 2021, out of which 37% comprised the digital ads market…
• How Delhi’s new excise policy sinks spirits of private liquor retailers
  21 june 2022,business-standard.com
  The new excise policy of the state government had allowed the entry of private liquor retailers for the first time…
• Social commerce platform CityMall lays off 191 employees
  21 june 2022,retail.economictimes.indiatimes.com
  The startup in March had raised $75 million. Gurugram-based CityMall is a community commerce platform backed by investors like General Catalyst, Elevation, Accel and Waterbridge…
• India’s food inflation likely to top 9 per cent, according to Nomura
  21 june 2022,retail.economictimes.indiatimes.com
  The report sees food inflation surging in the second half of the year in Asia with major food importers like Singapore bearing the brunt of higher prices of staples…
• Small businesses fall behind on hiring as inflation takes a toll
  21 june 2022,livemint.com
  Companies with under 50 workers lost head count in three of the past four months, data show, reflecting difficulties in keeping pace on wages and benefits…
• Garment exporters face potential loss of Rs 1,200 crore
  21 june 2022,retail.economictimes.indiatimes.com
  The textile industry employs around 45 million workers and is expected to be worth more than $209 billion by 2029. But if this anomaly continues, then the industry will rapidly lose its global competitiveness to countries like Bangladesh and Vietnam, where the labour cost is very low, say industry insiders…
• Tea brand Golden Tips buys moonlight teas from Badamtam, Castleton tea estates at record prices
  21 june 2022,retail.economictimes.indiatimes.com
  The grades of these moonlight teas are of the highest and the plucking process is very fine. Only the silvery blooming buds and the two leaves are used to make this specialty tea. Folklore has it that these teas are plucked by skilled pluckers only during the full moon nights and processed into made tea before the break of dawn…
• Levi’s Strengthens Retail Footprint, Opens Largest Store in India
  21 june 2022,indianretailer.com
  The store design follows the new fleet of the NextGen store format that enables consumers to immerse themselves in brand experience across customization, fit, and style…
• Archies Limited Launches a Digital Campaign for this Father’s Day “Papa Chahe Jitna Gussa Karlein”
  21 june 2022,theweek.in
  (Eds: Disclaimer: The following press release comes to you under an arrangement with Newsvoir. PTI takes no editorial responsibility for the same.)…
• ABFRL’s New Brand TASVA Eyes to Open 75 Stores by March 2023
  21 june 2022,indianretailer.com
  In December 2021, the brand opened its first store in Bengaluru and today operates nine stores across five cities that include all the leading metro cities…
• Pandemic induced supply chain disruption in the fashion world
  21 june 2022,financialexpress.com
  The pandemic affected a complete dissociation in the supply chain in the textile and apparel industry…
• Career in fashion designing in India: Job profile, salary, and growth prospects
  21 june 2022,indiatoday.in
  The growth prospects in the industry are unlimited and you can choose any of the niche areas listed below to make a mark in your chosen area of expertise…
• Artificial Intelligence In Fashion Retail Market Is Booming Worldwide | ALIBABA, STITCH FIX, Snap
  21 june 2022,designerwomen.co.uk
  Artificial Intelligence In Fashion Retail Market to Witness Huge Growth by 2030 | ALIBABA, STITCH FIX, Snap…
• Is India Inc. heading towards ‘The Great Disillusionment’?
  21 june 2022,timesofindia.indiatimes.com
  My work requires me to engage deeply with corporate leaders, managers, and employees, and I have found that there is a strong disconnect and disenchantment even among the most talented professionals. In other words, in India, a unique phenomenon is unfolding – ‘The Great Disillusionment’. It is a reality we can no longer refuse to acknowledge…
• Mukesh Ambani’s Reliance considering buying out Revlon in US, reports say
  20 june 2022,retail.economictimes.indiatimes.com
  In an email sent by Kapoor and endorsed by Bose, Kapoor proposed to pay up $48 million in outstanding debt and infuse additional $8 million in fresh equity into the company…
• Patanjali hires Dabur’s Amitabbh Singh to head modern trade, e-commerce biz
  20 june 2022,livemint.com
  Singh will work to amplify Patanjali Ayurved’s presence in modern trade and other sales channels including e-commerce, direct-to-consumer commerce, business-to-business channels, and canteen stores…
• Gems, jewellery exports surge 20% to Rs 25,365 cr in May: GJEPC
  20 june 2022,retail.economictimes.indiatimes.com
  Gold jewellery exports (plain and studded jewellery) in May jumped 50.11 per cent to Rs 5,273.40 crore (USD 681.47 million), compared to Rs 3,513.08 crore (USD 479.54 million) in May 2021, according to the data. Silver jewellery exports during April-May 2022 witnessed a decline of 6.63 per cent to Rs 3,728.84 crore (USD 485.41 million), compared to Rs 3,993.64 crore (USD 540.19 million) during April-May 2021…
• Shoppers’ purchase journeys are no longer linear, says Sameer Dhingra from Google Cloud
  20 june 2022,retail.economictimes.indiatimes.com
  He says there is a need for retailers to be innovative, fast, and tech-ready to make a difference in the customer shopping experience…
• At avatar fashion store, Meta to sell virtual clothes for real money
  20 june 2022,retail.economictimes.indiatimes.com
  San Francisco: Facebook owner Meta Platforms is launching a digital clothing store where users can purchase designer outfits for their avatars, Chief Executive Mark Zuckerberg said on Friday…
• Personalisation becoming central to meeting customer needs: Report
  20 june 2022,retail.economictimes.indiatimes.com
  “Now more than ever, customers expect personalised and connected experiences, no matter how or where they shop,” said Deepak Pargaonkar, VP, solution engineering, Salesforce India in an interaction with ETRetail…
• D2C will be the next big frontier for retail: Tanmay Kumar, CFO, Shiprocket
  20 june 2022,retail.economictimes.indiatimes.com
  Highlighting the role of players like Shiprocket in enhancing customer experience, he said such aggregators can act as a single point of contact and bring together a host of things including customer surveys, shipping payments, and checkout…
• Shopping at malls still popular on weekdays
  20 june 2022,retail.economictimes.indiatimes.com
  Over the past two years, many people utilised the time they saved on commuting to and from office for shopping during weekdays. And the trend has accelerated over the past two months, retailers and mall operators said…
• Customers may see lower discounts, fewer end-of-season stocks on sale
  20 june 2022,business-standard.com
  Sale days are also likely to be reduced as retailers emerge from pandemic to post strong surge in business-as-usual (BAU) sales…
• Milky Mist eyes $120m in its first institutional fundraising round
  20 june 2022,retail.economictimes.indiatimes.com
  The dairy and fresh foods company has appointed Chennai-based investment bank Veda Corporate Advisors to help it with the funding process…
• Domestic toy makers see surge in sales after dip in Chinese imports
  20 june 2022,business-standard.com
  Sales rise for domestic players after India last year banned sale of toys that are not certified by Bureau of Indian Standards…
• Seven malls owe Bruhat Bengaluru Mahanagara Palike Rs 46 crore property tax
  20 june 2022,realty.economictimes.indiatimes.com
  According to data shared by the Palike’s revenue section, Mantri Square is the biggest defaulter with dues of Rs 27 crore. The mall has not paid tax since 2019…
• Archies Limited Launches a Digital Campaign for this Father’s Day “Papa Chahe Jitna Gussa Karlein”
  20 june 2022,theweek.in
  This year’s Father’s Day reflects the gradual return of old habits, and our ability to communicate in person, after two years of possible social distancing, is all the more reason to rejoice. Archies, India’s market leader in the social expression industry, celebrates Father’s Day By dedicating a digital campaign, across their social media platforms, highlighting that fathers are always thinking about their children, family and its future, ‘Papa chahe jitna gussa karlein’…
• A look at Saundh’s Pie in the Sky, their nature-inspired spring-summer 2022 line
  20 june 2022,telegraphindia.com
  Our collection is a homage to the visceral and personal connection that’s been inspired by nature in us, says CEO Sarabjeet Saluja about the collection…
• 7 Impacts on the Virtual Reality And Augmented Reality In Retail Industry
  20 june 2022,indiandefencenews.info
  Latest launched research on Global Virtual Reality And Augmented Reality In Retail Market, it provides detailed analysis with presentable graphs, charts and tables. This report covers an in depth study of the Virtual Reality And Augmented Reality In Retail Market size, growth, and share, trends…
• The connected customer is pushing media companies to build new strategies: Three trends to watch this year
  20 june 2022,financialexpress.com
  In an environment where switching costs are low and consumers swamped with a growing collection of services, media companies need to deliver unique experiences to beat the competition…
• Ahead of board meeting, ex-Zilingo CEO Ankiti Bose endorses cofounder’s proposal to buy company
  18 june 2022,retail.economictimes.indiatimes.com
  Indian conglomerate Reliance Industries may buy out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy, ET Now reported on Friday, citing sources…
• ONDC to digitize value chain, nourish ecosystem for kiranas to survive and thrive
  18 june 2022,retail.economictimes.indiatimes.com
  ONDC will unbundle the interactions of buyers and sellers. On ONDC, a seller can interact with multiple buyers and vice-versa, which will allow members to connect with multiple players without having to pay a disproportionate fee to the proprietary platform, he explained…
• Cooling appliances sell like hot cakes Mar-May
  18 june 2022,livemint.com
  Heatwaves and pent-up demand boosted buying of ACs and refrigerators…
• Vijay Shekhar Sharma buys 1.7 lakh shares of Paytm worth Rs 11 crore
  18 june 2022,retail.economictimes.indiatimes.com
  On May 30, Sharma bought 1,00,552 shares worth Rs 6.31 crore, and on May 31, he bought 71,469 shares worth Rs 4.68 crore…
• Reliance unlikely to announce Retail, Jio IPO in AGM, says JP Morgan
  18 june 2022,retail.economictimes.indiatimes.com
  “RIL’s AGM tends to be announcement-heavy, and expectations run high in the run-up to the AGM (like the last three), and this year they centre on concrete timelines being announced for IPOs of the consumer business,” the brokerage said in a report released on Wednesday. “We do not expect any concrete timelines from this year’s AGM on the consumer businesses IPOs (Jio and Reliance Retail),” it said…
• Delhivery launches ‘same-day delivery’ service in 15 cities
  18 june 2022,retail.economictimes.indiatimes.com
  When a consumer places an order on the brand’s webstore, Delhivery’s technology will show the fast-moving SKUs available for the ‘guaranteed same-day delivery’, the company said in a release. Once the order is placed, Delhivery’s technology will allocate the consumers’ orders to the nearest in-city warehouse, it said…
• PVR launches its first multiplex in Patiala
  18 june 2022,retail.economictimes.indiatimes.com
  PVR Cinemas on Friday launched its first multiplex at VRC City Mall in Patiala, Punjab, the company informed the exchanges…
• All Things Baby targets Rs 50 crore revenue this fiscal
  18 june 2022,retail.economictimes.indiatimes.com
  The company recently added international baby care brands including Shnuggle, Ubbi, Pearhead, and Baby Bjorn- to its web store. It expects the new brands and products to contribute 30 percent to their growth this year. Further, it plans to add 200 international and select Indian brands to the existing suite over the next 2 years…
• TARC to demolish central Delhi mall for residential project, invest Rs 700 crore
  18 june 2022,realty.economictimes.indiatimes.com
  “We have land parcels at some of the most prime locations of Delhi and Gurgaon, and this year, we plan to launch at least 5 projects. We will have two projects in Kapashera near the Delhi airport, one in Kirti Nagar in Central Delhi, one in sector 63 Gurgaon and another one in Hauz Khas,” Sarin said…
• DLF to invest Rs 200 crore for expanding Delhi’s Vasant Kunj mall
  18 june 2022,realty.economictimes.indiatimes.com
  On an average, rentals for properties housing luxury brands are nearly double compared with mass-priced lifestyle brands. DLF is looking to more than double its retail portfolio and add about 5 million sq ft in the next 5-6 years with an investment of about ₹3,000 crore, the executive said…
• DLF positive on growth as both residential and commercial businesses return to normal.
  18 june 2022,timesnownews.com
  For the right project, the market will have the appetite to absorb the degree of a price increase. Home mortgage rates have been the biggest reason for the revival of the sector. Interest rates hike up till now was not an issue, but it clearly can be a concern if it continues to burn the pockets of homebuyers…
• India: Real Estate Investment Trusts – The Road Less Taken
  18 june 2022,mondaq.com
  Real Estate Investment Trusts (REITs) are investment instruments provide developers with an avenue to accrue profits from revenue-generating real estate while simultaneously allowing investors (more specifically known as “unit holders”) to invest in these assets without the requirement to own them…
• Metaverse – A Booster to India’s Developer Talent
  18 june 2022,eletimes.com
  Metaverse is entering the mainstream after a long stint of being a niche area of interest for some tech enthusiasts. With its expansion, the question pops up on the sustainability of metaverse as a new technology wave in coming years…
• This startup is making life of EV owners easier by converting parking spots into charging stations
  18 june 2022,yourstory.com
  India has set an ambitious target to become a 100 percent electric-vehicle nation by 2030, but a major challenge for the EV ecosystem at present is the charging infrastructure. Lack of charging facilities is one of the main reason Indian consumers are not opting for electric vehicles…
• Small businesses, retailers to take a hit due to repo rate hike
  18 june 2022,yourstory.com
  Arijit Malakar, Equity Research Analyst at Ashika Stock Broking limited said the rise in repo rate has a direct impact on retail loans demand…
• Sanjiv Mehta on navigating inflation, shrinkflation and how HUL believes in the India story
  17 june 2022,retail.economictimes.indiatimes.com
  “For a company like HUL, the market share gains have been the highest seen in the last decade. And that augurs very well going into the future. The second important bit is how to protect the business model. These are not easy to do, it requires a significant amount of ingenuity to play both the games.”…
• Fireside Chat on Experience Stores to Drive the Future of Offline Retail for Consumer Electronics
  17 june 2022,retail.economictimes.indiatimes.com
  This fiery chat featured Brian Bade, Chief Executive, Reliance Digital and Angshuman Bhattacharya, Partner & National Leader- Consumer Products & Retail, EY India.Their discussion topic: Experience Stores to Drive the Future of Offline Retail for the Consumer Electronics Industry…
• How Brands are Leveraging Omni-Channel to Provide Shoppers with Incredible, Frictionless Experiences
  17 june 2022,retail.economictimes.indiatimes.com
  Tune in to this glittering panel discussing How Brands are Leveraging Omni-Channel to Provide Shoppers with Incredible, Frictionless Experiences…
• Special Address on Open Network of Digital Commerce by T Koshy
  17 june 2022,retail.economictimes.indiatimes.com
  Tune into this Special Address on Open Network of Digital Commerce (ONDC)- A Game-Changer Initiative and How It Seeks to Democratize E-commerce? by Mr T Koshy, Chief Executive Officer, Open Network for Digital Commerce (ONDC)…
• Challenge of Creating Unique Tailored Experience in Today’s Retail Business
  17 june 2022,retail.economictimes.indiatimes.com
  Tune in to this insightful Panel Discussion on Challenge of Creating Unique Tailored Experiences in Today’s Retail Business- How to Survive the Real War of the Brands?…
• How will furniture logistics get affected by Delhivery IPO?
  17 june 2022,livemint.com
  The online shopping market has seen substantial growth in the last decade. The two significant factors reasoning the development are enhanced digital knowledge among the common mass and the improving logistics industry of India…
• How AI is taking Traditional Retail Experience to the Next Level?
  17 june 2022,retail.economictimes.indiatimes.com
  Panel Discussion on Digitising In-Store and Online Experience- How AI is taking Traditional Retail Experience to the Next Level?…
• How Graph Data Platforms are Transforming Retail
  17 june 2022,retail.economictimes.indiatimes.com
  Tune in to this Session on How Graph Data Platforms are Transforming Retail by Mr Brandon Richards, General Manager – Asia, Neo4J…
• From Resilience to Innovation: Leveraging Technology to Drive Innovation in Retail
  17 june 2022,retail.economictimes.indiatimes.com
  Tune in to this session From Resilience to Innovation: Leveraging Technology to Drive Innovation in Retail by Sameer Dhingra, Director, Retail & Consumer, Google Cloud, Asia Pacific & Japan…
• Grasim appoints Pavan Jain as new Chief Financial Officer
  17 june 2022,retail.economictimes.indiatimes.com
  Jain’s appointment as the new CFO comes on the basis of his exceptional track record and recommendations from the Nomination and Remuneration Committee and Audit Committee of the company. He will be replacing Ashish Adukia in the coming months…
• G.O.A.T Brand Labs raises USD 50 million
  17 june 2022,retail.economictimes.indiatimes.com
  In one year since starting the venture, the company said it has completed 15 acquisitions of well-known, strong and upcoming D2C brands in the lifestyle space, including The Label Life (lifestyle brand), Voylla (fashion jewellery), trueBrowns & Abhishti (Indian wear), Frangipani (children wear), Neemli and Nutriglow (beauty and skincare) and pets brand Doggie Dabbas…
• Retail businesses grow 24% in May against pre-pandemic level: Report
  17 june 2022,retail.economictimes.indiatimes.com
  As per the latest ‘retail business survey’ by the Retailers Association of India (RAI), sales in western India grew by 30 per cent, while eastern India showed a growth of 29 per cent compared to the pre-pandemic sales level in May 2019. Similarly, southern India posted a rise of 22 per cent and northern India grew 16 per cent, it added…
• D2C’s: What will make them successful in the near future?
  17 june 2022,retail.economictimes.indiatimes.com
  Tune in to this session on D2C’s: What will make them successful in the near future? – by Mr Tanmay Kumar, CFO, Shiprocket…
• Winning in the age of ‘Fast Delivery’- How ‘New-Age’ Brands are Redefining Today’s Retail Business?
  17 june 2022,retail.economictimes.indiatimes.com
  Tune in to this intriguing Panel Discussion on Winning in the age of ‘Fast Delivery’- How ‘New-Age’ Brands are Redefining Today’s Retail Business?…
• Growing Trends in Fashion Retail to Keep up with Changing Consumer Expectations
  17 june 2022,retail.economictimes.indiatimes.com
  Keynote Address on Growing Trends in Fashion Retail to Keep up with Changing Consumer Expectations by Nandita Sinha, Chief Executive Officer, Myntra…
• FSSAI asks online food platforms to comply with norms on display of nutritional value
  17 june 2022,retail.economictimes.indiatimes.com
  In the letter, FSSAI said that “all e-commerce food business operators are hereby directed to enable provision in their online platforms including mobile applications for display of nutritional information… so that FBOs registered on your respective platforms would be able to feed and update such information in respect of each dish/food they are offering for sale.”…
• Valedictory Fireside Chat on Retail CEO of the Future
  17 june 2022,retail.economictimes.indiatimes.com
  The Valedictory Fireside Chat on Retail CEO of the Future with Ms Vineeta Singh, CEO, SUGAR Cosmetics and moderated by Ms Kanika Kalra, Partner, McKinsey & Company…
• Local smartphone manufacturing accounted for 48 million shipments in Q1 2022, posting 7% on year growth
  17 june 2022,retail.economictimes.indiatimes.com
  Among the smartphone brands, Oppo had the highest 21.6% share of locally-manufactured smartphones with Realme and OnePlus included , closely followed by Samsung with 21.3% market share, and Vivo with 11.7% market share…
• Co-retailing – an innovative model set to transform the Indian retail landscape
  17 june 2022,timesofindia.indiatimes.com
  Over the decades, the Indian retail industry has witnessed significant growth before the pandemic disrupted the country’s business and consumption cycle. Battling the huge setback posed by the pandemic, the retail industry bounced back quickly leading the way for new trends to find a foothold. They have also found new and innovative concepts altering the retail landscape in the post-pandemic world…
• No more room for athleisure and casual wear, fashion is back in fashion
  17 june 2022,theprint.in
  The era of sweatpants is long gone, as consumers now trend towards bolder, fancier outfits in a renewed, post-pandemic world…
• Go Fashion to strengthen retail store presence in smaller towns
  17 june 2022,thehindubusinessline.com
  The company is strengthening its offline presence in the North and East, besides adding branch outlets in Tier-2&3 towns…
• Dawn of a new era: How brands are approaching India’s second e-commerce boom
  17 june 2022,timesofindia.indiatimes.com
  The e-commerce market in India has been witnessing an exponential rise in size and stature over the last decade. With the advancement in technology and digital capabilities, the sector has become an inseparable part of the 21st-century living…
• India’s candy and confectionery segment has been transformed by technology in 2022
  17 june 2022,inventiva.co.in
  The candy and confectionery business in India has a lot of potential, and new technology is expected to help it reach new heights in terms of income creation. Personalization and customization are in high demand, and customer expectations are rapidly shifting…
• Amazon India’s next bet to be more local stores, social commerce to onboard 500 million users
  16 june 2022,retail.economictimes.indiatimes.com
  Last month, Amazon launched Smart Commerce, an initiative that will help offline stores set up their own digital storefronts, in addition to selling on its India marketplace. This is similar to what Canada-based Shopify does. Amazon will enable these stores to sell on its marketplace and other platforms…
• Arzooo looks to hit $1 billion in sales by 2022
  16 june 2022,retail.economictimes.indiatimes.com
  By buying large appliances to create a digital inventory and selling them to local retailers, the startup effectively helps offline retail stores compete against leading online giants…
• Beauty brand Renee Cosmetics aims to cross Rs 500 crore annual revenue by 2024
  16 june 2022,retail.economictimes.indiatimes.com
  The brand that started operations after the pandemic in 2020, has sales of over 2 million units and reached over 50 million consumers over the past two years…
• Inflation hits popular food combo: Consumers feel the pinch of rising chicken and rice prices
  16 june 2022,retail.economictimes.indiatimes.com
  Prices of chicken will cool off in October-November when harvesting of soyabean, a key ingredient for animal feed, starts. At present, chicken is commanding a price of Rs 240 per kg. Rice prices, which had cooled off a bit, have again shot up by 9 per cent in the last two weeks as the news spread that Bangladesh will import rice to meet its domestic demand and will buy it from private traders…
• Amazon’s new India chief pulled plug on cricket, not the country
  16 june 2022,retail.economictimes.indiatimes.com
  “The final call was based on cost numbers,” said Manish Tiwary, in one of his first interviews since taking over as country head, on the 27th floor of Amazon’s India headquarters in the northwestern neighbourhood of Yeshwanthpur in Bengaluru…
• India’s May trade deficit widens to $24.29 billion
  16 june 2022,retail.economictimes.indiatimes.com
  India’s May trade deficit widened to $24.29 billion from $6.53 billion a year ago, a government statement said on Wednesday…
• GoM meet on GST rate rationalisation to be held on June 17
  16 june 2022,retail.economictimes.indiatimes.com
  The Goods and Services Tax (GST) regime taxes goods and services in four tax slabs of 5 per cent, 12 per cent, 18 per cent and 28 per cent. It was being considered to reduce these tax slabs possibly to 3, an exercise which would have involved raising taxes in some items and a reduction in others…
• Levi Strauss & Co. names Amisha Jain to lead South Asia-Middle East and Africa
  16 june 2022,retail.economictimes.indiatimes.com
  She will be responsible for leading the company’s operations in SAMEA and ensuring that the geography continues to drive expansion and growth, contributing to the company’s success in Asia and around the globe…
• Food delivery apps must give nutrition info: FSSAI
  16 june 2022,livemint.com
  Come 1 July, food aggregators such as Swiggy and Zomato will be required to list the nutritional values and food allergens of all items displayed on the menu…
• RED FM’s Sajja Bajja Rajja Festival At Nexus Esplanade Mall Sets The Mood On ‘Pahili Raja’
  16 june 2022,pragativadi.com
  Bhubaneswar: The three-day major Odia festival, Raja Parba in Bhubaneswar kicked off today with much fanfare as RED FM is hosting a 3-day event ‘Sajja Bajja Rajja Festival’ at Nexus Esplanade Mall making the city dwellers ecstatic…
• Airtel Xstream Multiplex: India’s First Virtual Cinema In Metaverse
  16 june 2022,pragativadi.com
  Bharti Airtel is the latest company to jump on the Metaverse bandwagon. The telecom provider has introduced India’s first multiplex in Metaverse bringing together Web 3.0 apps and new storytelling technologies to smartphone users in India…
• Trends that will Disrupt the Retail Landscape in 2022 and Beyond
  16 june 2022,indianretailer.com
  One of the most important trends in the retail sector is the rising trend of omnichannel retailing…
• V2 Retail Plans to Expand Footprint by Adding 20 More Stores
  16 june 2022,indianretailer.com
  Apparel chain V2 Retail is planning to open 20 more stores to take the overall count to 120. The company is also planning to hire around 200 people for its stores across seven states including the national capital Delhi by the end of the ongoing financial year 2022-23…
• Unicommerce to hire over 150 people in FY23
  16 june 2022,livemint.com
  As per the company statement, a majority of the positions will be in technology and operations domain as Unicommerce looks to strengthen the teams to meet the growing demand for its platform amongst retail companies and D2C brands in India and outside…
• Canada’s DECIEM makes India foray with launch of The Ordinary
  16 june 2022,fortuneindia.com
  DECIEM co-founder & CEO Nicola Kilner says the company believes India will be one of its top three markets in the next 3-5 years…
• The crisis-proof D2C juggernaut marches ahead
  16 june 2022,thehansindia.com
  The direct to consumer (D2C) model has made it cheaper than ever to start a business, to reach out to vast multitudes and create new standards for consumer satisfaction…
• Hospitality meets reality
  16 june 2022,thehansindia.com
  Hilton and Embassy Group have come together for Bengaluru’s largest hospitality complex at Embassy Manyata Business Park…
• FMCG market down, but it’s not all that bad
  15 june 2022,retail.economictimes.indiatimes.com
  Shrinkflation, or companies reducing pack sizes without lowering prices, also played a part in volume decline. Consumers paid 10.1% more per kilo for FMCG products during the period compared to a year ago while the pack size was reduced by 15% on average…
• Croma sales surge 53% to cross $1 billion in FY22, but net loss widens
  15 june 2022,retail.economictimes.indiatimes.com
  Last fiscal, Croma’s same store growth was an “unprecedented” 33% and it launched a record number of 56 outlets. Ecommerce sales grew by 204% last fiscal and already contribute 9% to sales, it said. However, Infiniti did not specify any reason behind the increase in net losses…
• WPI inflation in May accelerates to 15.88 per cent on higher food prices
  15 june 2022,retail.economictimes.indiatimes.com
  The rolled out number can be attributed to a surge in vegetable prices and supply-side disruptions caused by the Russia-Ukraine war…
• Why mainline expansion is still critical in a post-COVID world
  15 june 2022,retail.economictimes.indiatimes.com
  It is estimated that, if unsatisfied, consumers switch preferences over to another brand within just 8-10 seconds. It is not enough to simply know the pulse of consumers; one also needs to invest in personal experiences and cultivate a rich trove of knowledge. Contrary to popular belief, offline retail experience is still one of the key battlegrounds that can make or break brand loyalty…
• Customer experience is crucial for sustained value creation
  15 june 2022,retail.economictimes.indiatimes.com
  Focusing strongly on customer experience could enable brands in several key industries to unlock up to USD 200 billion of value that they might otherwise miss out on. In e-commerce, increasing investments in customer experience by 100 percent can lead to a 2X growth in business. Meanwhile, in the two-wheeler and four-wheeler automobile industry, a 100 percent investment in customer experience can lead to 1.7 times faster growth in business…
• Food delivery platforms must inform consumer of breakup of all charges including delivery, packaging: Govt
  15 june 2022,retail.economictimes.indiatimes.com
  The consumer affairs ministry has also flagged other issues including disparity between the price and quantity of food items shown on the platform and actually offered by the restaurant, as it directed them to submit a roadmap for addressing consumer grievances within 15 days…
• Shiprocket takes majority stake in Pickrr in a $200 mn deal, closing Shyplite buy too
  15 june 2022,retail.economictimes.indiatimes.com
  Zomato and Temasek-backed Shiprocket is also in the final stages of closing its acquisition of the India business of smaller rival Shyplite. ET has seen emails to Shyplite merchants about the transfer of the business to Shiprocket, but the company did not comment on this deal…
• Retail inflation may breach 8% in the coming months
  15 june 2022,retail.economictimes.indiatimes.com
  Global commodity prices continue to remain elevated while despite passing on the costs to consumers, India Inc is still facing margin pressures. The central government, in a bid to cool the surging inflation, had announced a sharp cut in central excise duty on petrol and diesel, on account of which some moderation was seen in the latest numbers…
• Corporate India’s hiring outlook for Jul-Sep most optimistic in 8 years: Survey
  15 june 2022,retail.economictimes.indiatimes.com
  India’s job market looks optimistic with 63% of companies planning to add more staff in next three months, in a bid to speed up the recovery process and sustain the economic growth, a survey said on Tuesday. According to the ManpowerGroup Employment Outlook Survey, the labour market is indicating strong sentiments in third quarter (July-September) of 2022, with a Net Employment Outlook of 51%…
• Gurugram shopping center Reach 3 Roads adds new stores
  15 june 2022,retail.economictimes.indiatimes.com
  Gurugram shopping center Reach 3 Roads recently added electronic store “Croma” and a few other specialty restaurants, dining, and entertainment options in the shopping complex…
• MSMEs bounced back stronger since onset of COVID-19 pandemic: Study
  15 june 2022,retail.economictimes.indiatimes.com
  The report is based on a comprehensive assessment of over 40,000 MSMEs from 25 cities across 88 industries analysed by the company from March 2020 to March 2022…
• Mensa Brands acquires homegrown smart wearable brand Pebble
  15 june 2022,retail.economictimes.indiatimes.com
  Direct-to-consumer (D2C) company Mensa Brands on Tuesday said it has acquired homegrown smart wearable brand Pebble for an undisclosed sum…
• Blue Star appoints Anita Ramachandran as independent director
  15 june 2022,retail.economictimes.indiatimes.com
  She will also be a member of the Nomination and Remuneration Committee and the Corporate Social Responsibility Committee, the company said in a regulatory filing…
• Lulu group leases 6 lakh sq ft at Lucknow mall
  15 june 2022,economictimes.indiatimes.com
  Lulu Group has leased 6 lakh sq ft at their upcoming Lulu Mall, Lucknow and expected to lease the remaining area before the inauguration of the mall in July…
• Shopping malls are contributing to the success story of retail industry – Here’s how
  15 june 2022,financialexpress.com
  After a prolonged period of upheaval due to the pandemic, the Indian retail sector is on the upswing lately. COVID-19 brought in new trends and created a more digital-centric consumer who expects frictionless transactions, personalized experiences, and elevated conveniences. Malls in India are now acting according to the new patterns to stay relevant and their efforts are yielding positive results…
• Footwear major Bata India eyes bigger retail footprint via franchisees to grow beyond 2019 levels
  15 june 2022,thehindubusinessline.com
  Footwear major Bata India is looking to ramp up its retail footprint primarily through the franchisee channel and roll out more products across categories as it expects to post a robust growth in sales over the 2019 (pre-pandemic) levels…
• Arzooo looks to hit $1 billion in sales by 2022
  15 june 2022,timesofindia.indiatimes.com
  ncorporated in 2018, Bangalore-based Arzooo is the brainchild of ex-Flipkart colleagues and IIT Kharagpur alumnus-Khushnud Khan and Rishi Raj Rathore. By buying large appliances to create a digital inventory and…
• Anil Singhvi says India may become biggest economy in world on these two growth cylinders – know what he said on power of retail investors
  15 june 2022,zeebiz.com
  According to Singhvi, this extended rally in India will of course have some obstacles, people lose faith, and indiscipline traders will leave halfway, but despite all odds, the market would surge – mainly on the back of retail investors’ strength and power…
• How This International Footwear Brand Growing At 20-25 pc in India Is Planning To Expand Offline
  15 june 2022,indianretailer.com
  International footwear brands have long shown a strong interest in the Indian market given it is one of the largest footwear markets in the world. India’s consumption is at ~2.1 billion pairs and is the third-largest globally…
• 5 of the most stylish new boutiques in India
  15 june 2022,architecturaldigest.in
  Tarun Tahiliani’s ode to India Modern in South Mumbai, J.J. Valaya’s maximalist haven in New Delhi, and other new store launches that have caught AD’s eye…
• We plan to achieve Rs 500 crore net revenue this year: Vineeta Singh, CEO, SUGAR Cosmetics
  14 june 2022,retail.economictimes.indiatimes.com
  “In terms of market share, we are the third largest makeup brand. We managed to get here because of our obsession with the young woman,” she said, adding that the firm identified an important trend among younger women which was different from the previous generation – only 1 per cent trust ads and 33 per cent trust a blogger’s review…
• Jack Daniels and Coca-Cola mix it up with official cocktail can
  14 june 2022,retail.economictimes.indiatimes.com
  The ‘official’ mix represents the latest push by big soft drink makers into alcohol, as boundaries blur and more people turn to pre-mixed, ready-to-drink cocktails. PepsiCo Inc started selling alcoholic versions of Mountain Dew earlier this year, while energy drinks maker Monster Beverage Corp announced a deal to buy hard seltzer producer CANarchy Craft Brewery Collective in January…
• Google-backed firm Nothing to manufacture smartphone in India to meet domestic demand
  14 june 2022,retail.economictimes.indiatimes.com
  “We are thrilled to announce that every phone (1) sold in India will be manufactured locally,” Nothing India vice president and general manager Manu Sharma said. The smartphone will be manufactured in Tamil Nadu. Nothing is developing its own Operating System (OS) for Phone (1), which will be built using Qualcomm’s Snapdragon mobile platform…
• Retail inflation eases in May to 7% on lower food prices
  14 june 2022,retail.economictimes.indiatimes.com
  Data released by the National Statistical Office (NSO) on Monday showed retail inflation, as measured by the consumer price index (CPI) rose an annual 7%, slightly slower than the 7. 8% in April but above the 6. 3% recorded in May 2021…
• Delhi govt to redevelop five markets to make them ‘world class’, says Kejriwal
  14 june 2022,retail.economictimes.indiatimes.com
  Under the Delhi government’s project, markets will be beautified and civic amenities enhanced so that footfall increases as does business…
• Consumers don’t mind paying for expensive items
  14 june 2022,retail.economictimes.indiatimes.com
  The sales spike in large stores and malls is in sharp contrast to the sales decline in categories like daily necessities, personal care products and smartphones due to the overall inflationary scenario. Also, retailers typically offer steep discounts to sell unsold inventory due to low demand. This time, however, the situation is different…
• Jute industry seeks govt support for revival, growth

  14 june 2022,retail.economictimes.indiatimes.com
  The industry has been demanding organised labour colonies within or close to the mills that would cater to migrant workers from rural Bengal or neighbouring states. IJMA is keen to implement the ARHC scheme of the Centre to build labour colonies…

• Walmart seeks British retailers for third-party online marketplace
  14 june 2022,retail.economictimes.indiatimes.com
  Approved British sellers will be able to sell their goods on Walmart.com, which is visited by more than 120 million people every month, the US shopping giant said in a statement Monday…
• We have revised our sales estimate by 10-12% due to high demand: AB InBev
  14 june 2022,retail.economictimes.indiatimes.com
  The pandemic outbreak hit beer and spirits makers as bars, restaurants and pubs across the country operated with low footfalls and restricted travel over the past two years. The beer category was particularly unlucky with the timings of both the 2020 and 2021 coronavirus waves, especially during the March-July period which accounts for 40-45% of annual beer sales. The situation has completely reversed now, said ABI…
• D2C skincare brand Foxtale raises $4 million funding led by Matrix Partners India
  14 june 2022,retail.economictimes.indiatimes.com
  Mazumdar previously worked as an investment analyst at A91 Partners, which has backed D2C brands like Sugar Cosmetics and Plum…
• Crompton Greaves Consumer Electricals to raise Rs 925 crore via NCDs
  14 june 2022,retail.economictimes.indiatimes.com
  The company said it plans to raise long-term funds by way of issuance of secured, rated, listed, redeemable non-convertible debentures (NCDs) on private placement basis up to Rs 925 crore, subject to its borrowing limits as approved by the shareholders…
• Shopping malls are contributing to the success story of retail industry – Here’s how
  14 june 2022,financialexpress.com
  After a prolonged period of upheaval due to the pandemic, the Indian retail sector is on the upswing lately. COVID-19 brought in new trends and created a more digital-centric consumer who expects frictionless transactions, personalized experiences, and elevated conveniences. Malls in India are now acting according to the new patterns to stay relevant and their efforts are yielding positive results…
• Vnya Expands Retail Footprint, Opens Second Store in Goa
  14 june 2022,indianretailer.com
  The dry and fresh grocery and wellness products brand offers a wide range of healthy ready-to-eat snacks, fresh cooking ingredients, superfood supplements, and natural home and personal care products…
• Mobile POS Solution Startup QueueBuster Bags $8 Mn; To Build Retail-Focussed Super App
  14 june 2022,inc42.com
  Delhi NCR-based QueueBuster has raised INR 63.3 Cr ($8.16 Mn) in a Series A funding round. The round was led by Chiratae Ventures, Omidyar Network India and Flourish Ventures. DMI Alternative Investment Fund (the Sparkle Fund) and Unaprime Investment Advisors also participated in the startup’s first institutional round of funding…
• How B2B cross-border tech startup Geniemode is streamlining supply chain of lifestyle goods
  14 june 2022,yourstory.com
  Founded in May 2021, Geniemode works with buyers and manufacturers of furniture, home décor, textiles, apparel, and accessories to streamline and take control of the end-to-end supply chain–from design to delivery…
• Myntra sells record-breaking 50 lakh products on Day 1 of EORS-16
  14 june 2022,retail.economictimes.indiatimes.com
  India shopped a record-breaking 50 lakh products in the first 24 hours of Myntra’s EORS sale that is being held from June 11-16…
• Birkenstock India Expands Offline Presence, Opens Store at Select CITYWALK, Saket
  14 june 2022,indianretailer.com
  With this collection, the brand goes on a bold journey through all areas of urban life, opting for impeccable design alongside high-end versatility…
• VAHDAM India Appoints Ex-Nestle, Dabur, ABG, Sneha Beriwal as CMO
  14 june 2022,indianretailer.com
  She will be leading the entire marketing function at VAHDAM India globally and will report to the Founder/CEO Bala Sarda…
• S&N by Shantnu Nikhil Expands Offline Presence, Opens store in Phoenix Palladium Mall Mumbai
  14 june 2022,indianretailer.com
  The newest Mumbai store carries a modern minimalistic spatial design; a juxtaposition allowing the collection to shine through at its forefront…
• Malabar Gold & Diamonds to invest Rs 9,860 cr in three years
  14 june 2022,oneindia.com
  Chennai, Jun 14: Malabar Gold & Diamonds, one of the largest jewellery retail chains in the world has committed an investment of Rs 9,860 crore in India spread over the next three years…
• Ratan Tata backed BlueStone launches its 12th store in Bengaluru at Banashankari
  14 june 2022,apnnews.com
  Takes the total number of hi-tech jewellery retail stores to 84 in the country Located in the conventional South-Bengaluru neighbourhood of Banashankari, the outlet shows off a whopping 1500 sq ft with specially curated theme-based displays…
• The Sleep Company targets Rs 200 crore revenue this fiscal; opens its first offline store in Bengaluru
  13 june 2022,retail.economictimes.indiatimes.com
  The transaction was completed on October 26, 2021 and was shared with the government authorities at the beginning of the current financial year. Post the transaction, Tencent arm holds 0.72 per stake in Flipkart which is valued at around USD 264 million, as per last valuation of USD 37.6 billion disclosed by the e-commerce firm in July 2021…
• We’re going to see more Omnichannel come into play: Nissan Joseph, CEO, Metro Brands
  13 june 2022,retail.economictimes.indiatimes.com
  “We take what we see as the proverbial low-hanging fruit, which would be the metro cities in tier I. And as that grows, there’s also a lot of tier II cities that start to get on the brink of tier I. And then, they act and walk like tier I. And within two or three years, they’ll become a tier one. So we would look at those cities too,” said Nissan Joseph…
• Global PC shipments to fall 8.2% in 2022 due to economic slowdown
  13 june 2022,retail.economictimes.indiatimes.com
  Despite the lower forecast for 2022, PC shipments are expected to remain well above pre-pandemic levels as upcoming device refreshes, robust commercial demand, and uptake within emerging markets continue to be drivers for the industry, the report noted…
• Finance Ministry issues draft SoP for e-commerce jewellery exports through courier route
  13 june 2022,retail.economictimes.indiatimes.com
  ​​​ The Central Board of Indirect Taxes and Customs (CBIC) has invited feedback and suggestions from stakeholders by June 14 on the Standard Operating Procedure (SoP) for implementation of a simplified regulatory framework to facilitate export of jewellery made of precious metals and imitation jewellery through e-commerce in courier mode…
• ‘Time is ripe for SMEs to focus on foreign markets via e-commerce and then quickly move to direct exports’
  13 june 2022,financialexpress.com
  ​​​ Trade, import and export for MSMEs: It is a timely opportunity for the Indian government to pivot SME exports through e-commerce. Our e-commerce policy framework needs to provide a level-playing field to benefit the SMEs and put them on a new growth trajectory…
• Quick commerce: Dunzo sets eyes on evolving retail shopping experience
  13 june 2022,financialexpress.com
  ​​​One new dark store in a day and a half. That works out to 18 new dark stores over the next 30 days. That’s how fast Dunzo is looking to establish a foothold in new cities. The target: set up base in 15 new cities by the year-end…
• Zara’s India revenue in FY22 rises to Rs 1,815 cr; profit at Rs 148.76 cr
  13 june 2022,business-standard.com
  ​​​In FY21, Inditex Trent Retail India Private Ltd (ITRIPL), a JV which is engaged in the operation of Zara stores in India, had reported a net loss of Rs 41 crore and its revenue fell 28.3 per cent…
• Over 70% furniture market still unorganised in India
  13 june 2022,thehansindia.com
  ​​​Hyderabad: Indian furniture market was valued at around $20 billion this year and luxury furniture market occupies 15-20 per cent, says Sunil Suresh, Founder and CEO of Stanley lifestyles Ltd, which enjoys 10 per cent market share. He said, “About 60-70 per cent of furniture market still falls under the unorganised segment and it is getting migrated to organised sector very fast.”…
• T.A.C Forays into Offline Market, Opens Retail Store in Delhi
  13 june 2022,indianretailer.com
  T.A.C, India’s fastest growing Ayurvedic D2C brand, has been an exemplary player in advocating the overall wellbeing of the body, mind, and soul, through the lineage of Ayurveda as the Science of Life…
• Ruling the Digital Street: State of D2C Fashion Market in India and its Growth Potential
  13 june 2022,financialexpress.com
  India’s direct-to-consumer (D2C) model has witnessed enormous growth and popularity lately, with brands (from all sectors) ever-increasingly adopting this model. It allows brands to eliminate intermediaries and reach their customers much faster with ease and convenience…
• Smart TV volumes grow, but overall sales dip in Jan-Apr
  13 june 2022,livemint.com
  Television sales volume fell marginally between January and April, but the sale of smart televisions or connected TVs saw double-digit growth compared to the year ago…
• Interior design in 2022: Personalisation, nature, Augmented Reality trend in retail
  13 june 2022,hindustantimes.com
  Retailers are focusing on creating more immersive and engaging interior environments for their customers. This includes designing spaces that are both visually appealing and user-friendly. Here’s what interior design will look like in 2022 with personalisation, nature and Augmented Reality trending…
• The Sleep Company targets Rs 200 crore revenue this fiscal; opens its first offline store in Bengaluru
  11 june 2022,retail.economictimes.indiatimes.com
  Today, the company has marked their entry into the offline retail space with the launch of their first store in Koramangla, Bangalore. Moreover, it plans to open about 25 stores in the next six months. It plans to open retail stores in Karnataka, Hyderabad, Kerala, Chennai, Maharashtra, Gurgaon and in the Eastern regions of India…
• Bankruptcy court admits Bombay Rayon Fashion for insolvency resolution
  11 june 2022,retail.economictimes.indiatimes.com
  The Mumbai bench of the National Company Law Tribunal (NCLT) admitted the plea filed by Vikash Parasprampuria of Chiranjilal Yarn Traders against the textile maker. Bombay Rayon, in a filing with stock exchanges, said Prashant Agrawal, a member of its suspended board, has decided to appeal the ruling at the appellate tribunal…
• Retail industry to generate 2.5 crore new jobs by 2030: Sekhar Garisa, CEO, Monster.com
  11 june 2022,retail.economictimes.indiatimes.com
  According to the Monster Employment Index, the retail industry marked a 47 per cent annual growth in job demand in April 2022…
• What we’re building in India is for next 100 years: Amazon’s Manish Tiwary
  11 june 2022,business-standard.com
  Coffee with BS: Meet Manish Tiwary, Vice-President & Country Manager, India Consumer Business, Amazon…
• Indian Gin’s out of the bottle & it’s creating magic
  11 june 2022,retail.economictimes.indiatimes.com
  Small handmade batches of local gin now account for nearly half of the mass-premium gin segment in the country that have sales of about 168,000 cases (of nine litres each) last calendar year, up from 80,400 cases just two years ago, data from global alcohol market analysts IWSR show…
• Saraf Furniture to hire 500 LGBTQ+ individuals

  11 june 2022,retail.economictimes.indiatimes.com
  Last year too, the company had announced hiring 250 individuals from the LGBTQ+ community. It hired 234 individuals, of which 198 were retained and are working with the company, it said…

• Voltas is yet to find its feet amid competition and high costs
  11 june 2022,livemint.com
  Competitive intensity in the air conditioner segment is high and Voltas will have to prioritize between recouping the market share and improving margins which have been under pressure lately due to high commodity costs…
• ‘Real estate may see huge investments’
  11 june 2022,thehindu.com
  “RBI’s announcement of an increase in the policy rate by 50 basis points (bps) – the second consecutive hike – is along expected lines in the backdrop of persistent inflation, global headwinds, and macroeconomic situation. The prolonged rise in inflation which touched 7.8% in April 2022 has been due to supply chain disruptions created by the global geopolitical situation. RBI has been decisive in its intent to mitigate the impact of inflation on economic growth by increasing the policy rates and gradual withdrawal of liquidity…
• India’s retail inflation likely slipped only modestly in May
  11 june 2022,timesofindia.indiatimes.com
  BENGALURU: India’s retail inflation likely slipped modestly in May, but stayed well above the Reserve Bank of India’s upper tolerance limit for a fifth consecutive month, as lower fuel prices offset surging food costs, a Reuters poll found…
• The Ordinary launches in India in partnership with Nykaa
  11 june 2022,economictimes.indiatimes.com
  Mumbai: Canada-based skincare brand, The Ordinary, is entering the Indian market by forging a partnership with Nykaa, a senior company executive told ET…
• Retail Industry Changing From Product-centric To Customer-centric: Rohit Khetan
  11 june 2022,everythingexperiential.businessworld.in
  As several brands are striving to figure out how to stand out on the digital panorama, an ever-increasing street of rush hour traffic 24/7, the media is simply no longer social in our fiercely agile world, he said…
• Myntra EORS 16: These homegrown brands are gearing up to cater to India’s fashion forward shoppers
  11 june 2022,yourstory.com
  In this edition of ‘The Pathfinders’ series, we spoke to Myntra’s brand partners, A.T.U.N, Metro brands and The Indian Garage Co., who were the top performers of the previous edition of EORS, to know about their preparation for the upcoming EORS, which is live from June 11-16…
• Metaverse platforms are likely to give e-commerce a virtual spin
  11 june 2022,livemint.com
  NEW DELHI: NFTically, Gurugram-based non-fungible token marketplace developer, has announced the launch of an e-commerce metaverse platform, Comearth, the first-of-its-kind initiative in the e-commerce ecosystem. The virtual space, mimicking the spherical structure of the Earth, will allow brands to purchase virtual land parcels to build virtual structures or stores…
• How Bright is the Future of India’s Footwear Industry
  11 june 2022,indianretailer.com
  The government has allowed 100 percent Foreign Direct Investment (FDI) through the automatic route in the footwear sector…
• Trend Makers: Honouring the business leaders of North India
  11 june 2022,brandequity.economictimes.indiatimes.com
  These business leaders have built exemplary workplaces where employees are valued and celebrated…
• Malabar Gold to invest Rs 10k cr in India over 3 yrs
  11 june 2022,thehansindia.com
  Hyderabad: Malabar Gold & Diamonds, one of the largest jewellery retail chains in the world, has committed an investment of Rs 9,860 crore in India spread over the next three years. This was announced jointly by Malabar Group Chairman MP Ahammed and Malabar Gold & Diamonds India Operations Managing Director O Asher at an Investors’ Round Table held in Kochi recently…
• This sister duo is making trendy gold jewellery for daily wear
  11 june 2022,yourstory.com
  Based in Mumbai, direct-to-consumer brand Carat Crush has about 100 designs including layered chains, lockets of angel wings, and mangalsutras customised specifically for millennial working women…
• This sister duo is making trendy gold jewellery for daily wear
  11 june 2022,thehindu.com
  “RBI’s announcement of an increase in the policy rate by 50 basis points (bps) – the second consecutive hike – is along expected lines in the backdrop of persistent inflation, global headwinds, and macroeconomic situation…
• ‘Pai International Electronics Ltd’ Launched Its Premium Store in Davangere Bangalore
  11 june 2022,timesofindia.indiatimes.com
  On June 04, 2022: Pai International, South India’s leading large-format, multi-brand consumer durable, furniture and electronic store, unveiled its Premium outlet at Ward No. 31, No.40/1, 23, AVK College Rd, near Chetana Hotel, Prince Jayachamaraja Wodeyar, Davanagere, Karnataka 577002…
• Online beauty retailer Purplle raises $33 million funding, turns unicorn
  10 june 2022,retail.economictimes.indiatimes.com
  Online beauty retailer Purplle raises $33 million funding, turns unicorn…
• Malabar Gold and Diamonds commits Rs 9,860 crore investment in India
  10 june 2022,retail.economictimes.indiatimes.com
  Online beauty retailer Purplle raises $33 million funding, turns unicorn…
• Meesho logs in 5.3 million orders
  10 june 2022,retail.economictimes.indiatimes.com
  Utkrishta Kumar, CXO, business at Meesho, “Despite rising inflation and macroeconomic conditions, we hit a new record of 5.3 million orders during the one-day sale event serving over 20,000 pincodes. In the last 6 months, we have witnessed a 3.7X jump in seller participation in sale events.”…
• Discounts for consumer electronics return on e-commerce platforms
  10 june 2022,retail.economictimes.indiatimes.com
  Discounts had disappeared during the peak Covid years when supply had been severely impacted by supply chain disruptions , several industry executives said. The normalisation of supplies had been accompanied by an increase in consumer demand. But, sales of smartphones and televisions have slowed down since the January-March quarter, while appliances like refrigerators and air-conditioners have registered a slowdown in sales from mid-May…
• Inflation eased to 7.1% in May on base effect: Poll
  10 june 2022,livemint.com
  India’s headline inflation rate likely cooled to 7.1% in May from 7.8% in April, but largely because of a high base, a Mint poll of 24 economists showed ahead of monthly data release on Monday…
• ‘ITC, Hindustan Unilever, TT Limited and Rupa have shown interest in Bihar’
  10 june 2022,retail.economictimes.indiatimes.com
  Addressing a press meet in the national capital on Bihar’s Textile and Leather Policy, 2022, Shahnawaz said: “Earlier they used to make godowns in Bihar. But now factories are being built here. Now we are inviting the industrialists of Bihar, who have gone out of the state due to lack of resources.”…
• Consumer sentiment improves in June
  10 june 2022,livemint.com
  Consumer cheer is somewhat back and even the sentiment around jobs is seeing some revival. It is still a hard game and we could see consumer sentiment yo-yo due to the prolonged Ukraine war and increasing global inflation, as well as due to the impact of recent repo rate hike from the RBI…
• DLF plans to invest Rs 3,000 crore over six years in retail push
  10 june 2022,realty.economictimes.indiatimes.com
  The company has planned malls in Gurugram and Goa and high streets in Gurugram, in addition to retail space in its upcoming residential and commercial developments, the majority of which will be launched this year…
• Forum Centre City is now Nexus Centre City
  10 june 2022,citytoday.news
  Prime News, National, Karnataka, Business, Retail, Mysuru, June 10:- Nexus Malls, India’s largest retail platform with nearly 10 million square feet of Grade A shopping centres across 13 major cities, has consolidated its 17 retail properties under one new brand identity. This marks one of the most significant transformations in the history of organised retail in India and Nexus Malls’ commitment to putting customers first…
• Lulu Group’s upcoming Lucknow mall leases out 6 lakh sq ft space
  10 june 2022,livemint.com
  New Delhi: Lulu Group on Thursday said it has leased out approximately 6 lakh sq ft space within its upcoming Lulu Mall in Lucknow that is set to open doors to shoppers in the coming month…
• Chandigarh’s Elante Mall is now ‘Nexus Elante’
  10 june 2022,ptcnews.tv
  This comes as Nexus Malls, India’s largest retail platform with approximately 10 million square feet of Grade A shopping centres in 13 major cities, has consolidated its 17 retail properties under one new brand identity…
• 4am Worldwide bags digital, creative & social media mandate for Nexus Malls
  10 june 2022,bestmediainfo.com
  The firm will build and manage the complete digital presence of Nexus Malls. This mandate is in addition to the existing Nexus Malls website design and development that is being executed by the 4AM Worldwide team…
• The road map for India to sustain decent growth in a slowing world
  10 june 2022,bestmediainfo.com
  Infrastructure hopes to ride on the government’s commitment made in the budget to spend big on infrastructure. The government must live up to this commitment. Action by GoI on two other fronts is crucial as well, to sustain the gathering growth momentum. One is energy, the other is social peace…
• Exclusive: Sustainable fashion lovers will have a new shopping destination at the relaunched No Borders Shop
  10 june 2022,vogue.in
  In 2017, Kanika Karvinkop, stylist and creative multi-hyphenate founded No Borders, a vintage shop in the meandering lanes of Khotachi Wadi, the other-worldly lazy colony in Mumbai, as a respite from the fast pace of fashion and city life…
• Tata Neu clocks $150 million gross sales, falls short of first month’s target

  9 june 2022,retail.economictimes.indiatimes.com
  “They (Tata Neu) are aiming for around $200 million gross sales per month even as the first month they couldn’t hit the target. But it is expected to accelerate from here on,” a person aware of the matter said…

• Flipkart has shown clear proof of value, will hit profitability: Walmart’s Judith McKenna
  9 june 2022,retail.economictimes.indiatimes.com
  Speaking at Baird 2022 Global Consumer, Technology & Services Conference in New York on Tuesday, McKenna said there has been “clear proof of value”. Walmart had invested in Flipkart at a valuation $20 billion. Last year, the Indian company raised $3.6 billion from Walmart and SoftBank at a valuation of close to $38 billion, she pointed out…
• No, you’re not imagining it – package sizes are shrinking
  9 june 2022,retail.economictimes.indiatimes.com
  In the U.S., a small box of Kleenex now has 60 tissues; a few months ago, it had 65. Chobani Flips yogurts have shrunk from 5.3 ounces to 4.5 ounces. In the U.K., Nestle slimmed down its Nescafe Azera Americano coffee tins from 100 grams to 90 grams. In India, a bar of Vim dish sohas shrunk from 155 grams to 135 grams…
• Esops allocated to Zomato CEO Deepinder Goyal amounted to Rs 387 crore for second half of FY22
  9 june 2022,retail.economictimes.indiatimes.com
  CEO Deepinder Goyal, voluntarily waived off his salary for the year ended March 31, 2022 while company CFO Goyal had forgone his salary for the months of January, February and March this year…
• Funskool acquires rights from Asmodee to manufacture and distribute Abalone game in India
  9 june 2022,retail.economictimes.indiatimes.com
  Abalone is a strategic game that helps players focus their attention as they try to push six of their opponent’s 14 marbles out of the hexagonal playing surface…
• Indian economy likely to be $20 trillion by 2040: Chief Economic Advisor
  9 june 2022,livemint.com
  Indian economy is projected to cross $5 trillion in 2026-27 and likely to become $20 trillion by 2040, Chief Economic Advisor V Anantha Nageswaran said on Wednesday…
• Brands need a customer experience strategy to be successful: Aabha Lalwani, Salesforce
  9 june 2022,retail.economictimes.indiatimes.com
  Addressing the audience at the ETRetailTech Summit 2022 in Mumbai, Lalwani said “shopping at the edge” involves brands pulling shoppers from not just the four walls of the store but interacting with them through other channels like social apps too…
• Consumer confidence improves but inflation is primary concern
  9 june 2022,livemint.com
  Consumer confidence for the current period has been consistently improving since July 2021; the sentiments on key parameters like employment and household income improved further in the latest round of the survey, though they remained in pessimistic zone, according to RBI’s Consumer Confidence Survey…
• NDC forays into Middle East in collaboration with 4 jewellery retailers
  9 june 2022,retail.economictimes.indiatimes.com
  “With this collaboration, we are excited to introduce a younger audience to the many emotional connections created by diamond jewellery and continue to build trust among a digital first consumer. The dynamism of brands like Malabar Gold and Diamonds, Jawhara and La Marquise truly exemplify what we seek to do daily in our support of the natural diamond industry – showcase a more contemporary approach to the diamond dream,” NDC CEO David Kellie said in a statement…
• H&M, Lululemon back $250 million Fashion Climate Fund to decarbonise supply chain
  9 june 2022,retail.economictimes.indiatimes.com
  Bringing together clothing brands, philanthropic donors and other industry stakeholders, the institute’s Fashion Climate Fund also hopes to unlock a further $2 billion in funding once effective solutions have been found and scaled up…
• Zara owner Inditex bucks retail trend as sales boom
  9 june 2022,retail.economictimes.indiatimes.com
  The company said on Wednesday it made a net profit of 760 million euros ($812 million) for the quarter to end April, in line with analysts’ expectations. Sales rose 36% to 6.7 billion euros, surpassing pre-pandemic levels, while its gross margin hit a 10-year high. Inditex shares rose as much as 5% in morning trade…
• Woodenstreet in the fast lane on wheels of sustainability & scale
  9 june 2022,retail.economictimes.indiatimes.com
  What investors look for in a startup? Scale or sustainability? Well, it was scale till recently, the potential to grow rapidly in customer acquisition even if the model burnt copious amounts of money. Profit visibility didn’t carry much weight. But that’s changing as the fault lines become glaring. Now, sustainability has found its place in the sun…
• Smart TVs now form 89% of the total TV market in India: Counterpoint

  9 june 2022,retail.economictimes.indiatimes.com
  TV sales via online channels grew 30% on year to contribute 31% of sales, with Flipkart dominating the online market. Flipkart dominated the online sales, according to the report. However, the market continues to be driven by offline channels that contributed 69% of sales…

• Nexus Malls sees higher sales, occupancy compared to pre-covid: CEO
  9 june 2022,livemint.com
  The company is eyeing both standalone shopping centres as well as a clutch of malls as potential acquisitions, which would be upgraded and turned around, said a top executive…
• Forum malls to become Nexus
  9 june 2022,timesofindia.indiatimes.com
  Bengaluru: Blackstone-owned Nexus Malls, which acquired a slew of malls in India in the past few years, including Prestige Group’s Forum malls, is bringing all of them under the single brand Nexus. On Wednesday, Nexus Malls CEO Dalip Sehgal said, “This new branding aims to achieve a strong and unified identity and network between retailers, employees, and shoppers of Nexus malls. The rebranding will help in ensuring greater cross-functional synergies.”…
• Gurugram: Demarcate parking lots, govt offices told
  9 june 2022,timesofindia.indiatimes.com
  GURUGRAM: The municipal corporation of Gurugram (MCG) on Wednesday, in a bid to streamline parking facilities across the city, directed all government offices, including Gurugram Metropolitan Development Authority (GMDA), Dakshin Haryana Bijli Vitran Nigam (DHBVN), Haryana Shahari Vikas Pradhikaran (HSVP), pollution control board, HSIIDC among others, to start marking the parking spaces available in their offices. The government offices have also been told to maintain a record of the parking slots available for two-wheelers and cars…
• Boots deal will add to Reliance’s retail black box
  9 june 2022,reuters.com
  MUMBAI, June 9 (Reuters Breakingviews) – India’s retail king is on a decadent foreign shopping trip. Mukesh Ambani’s Reliance Industries (RELI.NS) is nearing a deal to buy Walgreens Boots Alliance’s (WBA.O) UK-based retail pharmacy business with buyout firm Apollo (APO.N), per the Economic Times. A purchase mooted earlier at $8 billion would mark a pivot overseas for the Indian oil-to-telecoms conglomerate and will enlarge the black box around his retail operations…
• Forever New Opens First Store in Gujarat
  9 june 2022,indianretailer.com
  With the upcoming stores being conceptualized on the basis of an updated retail store interior model, the Ahmedabad store boasts the same with premium fixtures and spacious trial rooms for the ease of customers…
• MiniKlub Making Fashion Wear Available For Newborns To 8-Years-Old Kids
  9 june 2022,bwdisrupt.businessworld.in
  “Just imagine the background of a strong manufacturing unit with all the international standards coming together with the Indian product and design team, this becomes our USP and that’s why mothers in India trust us,” Anjana Pasi, Founder and Director, MiniKlub shares…
• Adani Group plans wholesale, sourcing tie-up with Flipkart
  8 june 2022,livemint.com
  MUMBAI : Adani Group and Walmart Inc.’s Flipkart unit are in advanced talks to expand their partnership beyond warehousing and data centres into new domains, including wholesale e-commerce and sourcing of groceries and household goods, two people with direct knowledge of the development said…
• Zomato’s Blinkit deal to give Japanese investor SoftBank money in the bank
  8 june 2022,business-standard.com
  Zomato’s attempt to acquire quick commerce player Blinkit will come up for board approval on June 17. If the deal goes through, it will not only give Japanese investor SoftBank shares in Zomato, but also allow it to make some money from the investments it has made in Blinkit, said sources in the know…
• Amazon India signs MoU with Manipur govt to sell Panthoibi Emporium products
  8 june 2022,retail.economictimes.indiatimes.com
  Sellers part of the emporium will be able to avail benefits such as personalized training for a quick start, increased customer visibility and dedicated marketing support among others…
• Meesho eyes 1.2 bn shipments by next year using third-party logistics
  8 june 2022,business-standard.com
  SoftBank-backed internet commerce firm aims to become biggest contributor in its space in terms of shipments through 3PL players…
• India becomes the first market to have Puma shopping app globally
  8 june 2022,retail.economictimes.indiatimes.com
  German sportswear brand Puma has launched its shopping app in India, the first market globally where it will sell merchandise through its own app. Brands such as Adidas, Nike and Puma have been around for nearly two decades in India and have grown by partnering cricket and other sporting activities. However, many players have shifted their positioning to lifestyle and regular athletic wear brands…
• Uniqlo owner to raise prices on fleece products due to weak yen
  8 june 2022,retail.economictimes.indiatimes.com
  Prices on fleece goods and down jackets in the fall/winter product lines will go up by 1,000 yen ($7.54), a spokesperson confirmed, after an earlier report by the Jiji news service…
• Blackstone, other large private-equity firms turn attention to vast retail market
  8 june 2022,livemint.com
  Private-equity firms have spent decades raking in giant sums from pension funds and other big institutions. Now they are going hat in hand to a different kind of investor: everyday millionaires…
• Dwarka Expressway emerging as the new realty hotspot
  8 june 2022,constructionweekonline.in
  Being at the forefront of a booming property market, Dwarka Expressway is all set to become NCR’s next prime real estate nexus. The residential projects in this prestigious and high profile locality have been recently witnessing a surge because of its strategic location, matchless connectivity, and state-of-the-art infrastructure…
• Brand-led live commerce takes centre stage at Myntra’s EORS, to effectively engage trend-first fashion forward shoppers
  8 june 2022,apnnews.com
  Bengaluru : In a first, Myntra is activating live shopping experiences at scale by marquee brands, ahead of the platform’s bi-annual fashion festival, EORS, slated to be held from the 11th to 16th of June…
• Aly&Val: Affordable and Comfortable Fashion at Your Doorsteps
  8 june 2022,edtimes.in
  In the era where fashion changes in the blink of the eye, it is hard for any brand to sustain. What makes this brand unique is its idea of reinventing the way of casual wear and providing youth with some out-of-the-box designs/prints…
• The NEW Shop Opens India’s First Omnichannel Retail Learning Center
  8 june 2022,indianretailer.com
  TNS Learning Academy is a learning center encompassing all the functions, departments, and even the overarching vision of The NEW Shop…
• Retail investors are like ‘shock absorbers’: Finance minister
  8 june 2022,timesofindia.indiatimes.com
  NEW DELHI: Finance minister Nirmala Sitharaman said on Tuesday that retail investors have been acting like “shock absorbers” in countering the impact of withdrawal of foreign portfolio investors (FPIs) from the Indian market. FPIs have pulled out around $24 billion so far in 2022…
• SUGAR Cosmetics Expands Retail Footprint, Opens 100th Brand Owned Store
  8 june 2022,indianretailer.com
  The brand steadfastly had a phenomenal retail store count growth of more than 50 percent in the past year and diversified their overall product range to nearly 550+ SKU’s…
• India Will Have More Ecommerce Users Than US’ Population By 2025
  8 june 2022,inventiva.co.in
  According to new research, India will have more e-commerce users by 2025 than the entire population of the United States. In addition, seven out of ten internet users are likely to execute an online transaction in the same time frame…
• PUMA Launches Its Own Shopping App in India
  8 june 2022,technosports.co.in
  National, June 7, 2022: Sportswear brand PUMA has launched its official mobile shopping app in India in order to further enhance its digital offerings for consumers and to provide them with quicker access to its latest products and exclusive services. India is the first country to go live with the PUMA app developed by the German sportswear giant…
• ‘It is a big industry, someone will believe in you’: Nushrratt Bharuccha
  8 june 2022,newindianexpress.com
  Nushrratt Bharuccha has been around for longer than you think. Her early roles, as trivia buffs would know, were in the television serials Kittie Party and Seven…
• Zomato likely to sign Blinkit deal on June 17
  7 june 2022,retail.economictimes.indiatimes.com
  Zomato has previously invested in Blinkit, and extended a loan of up to $150 million for the quick-commerce entity earlier this year…
• FMCG firms to swallow input cost pain, hold on to entry-level size, price
  7 june 2022,retail.economictimes.indiatimes.com
  Entry-level and small packs account for up to 55% of fast-moving consumer goods (FMCG) sales, with the exact proportion varying across product categories…
• Fashion e-commerce will become a $30 bn market in India in five yrs: Myntra CEO
  7 june 2022,retail.economictimes.indiatimes.com
  “Today the contribution of e-commerce to most of the fashion businesses is 10-12 per cent. This will grow to 30 per cent. That means almost one-third of fashion in India in the next five years will be sold online or through digital platforms,” she said speaking at the ETRetailTech Summit 2022 in Mumbai…
• Bata set to leverage franchise model to grow store numbers
  7 june 2022,livemint.com
  Moving to a franchise model gives the footwear retailer a lot more flexibility and helps leverage entrepreneurship in India, says Gunjan Shah, managing director and chief executive officer, Bata India Ltd. bloomberg…
• Coca-Cola hopes to achieve 100 pc recycling of bottles, cans in 2-3 yrs in India
  7 june 2022,retail.economictimes.indiatimes.com
  Recycling post-consumer packaging is one of the three focus areas of Coca-Cola Company’s ESG (Environment, Sustainability and Governance) priorities. The other two are related to water and sustainable agriculture…
• Startups recalibrate approach to ten-minute deliveries amid operational challenges
  7 june 2022,retail.economictimes.indiatimes.com
  ET attempted to order multiple times on Blinkit and competitor Zepto, which started operation in April 2021, but it took more than ten minutes and sometimes half an hour to get the deliveries. On at least two instances in Mumbai and in Pune, Blinkit delivered the next day…
• Myntra bets big on live commerce for end-of-summer sale
  7 june 2022,retail.economictimes.indiatimes.com
  Myntra has been organising End of Reason Sale (EORS) twice every year since 2014, making this the 16th such event…
• Solving D2C brand’s challenges with logistics technologies
  7 june 2022,retail.economictimes.indiatimes.com
  India witnessed an extraordinary outburst of D2C brands in the past two years as the pandemic nudged customers to adapt to the online shopping experience. As Indian consumers became more accustomed to the online retail ecosystem, their expectations from D2C brands also started to evolve. Today, customers expect to get a plethora of premium benefits like zero shipment/delivery charges, speedy redressal of grievances, and flexible return policy. To ensure a smooth CX…
• Ratan Tata-backed BlueStone launches four new stores in Delhi NCR
  7 june 2022,retail.economictimes.indiatimes.com
  “For every one customer who was buying online on BlueStone, surveys revealed that there were 20 others who loved the designs but would require the comfort of a store to make a purchase. Therefore, by having these experiential stores, BlueStone expects to provide its customers a truly omni-channel experience,” the statement said…
• Vegan menu very soon across India: Tata Starbucks inks pact with Ritesh Deshmuk-backed Imagine Meats
  7 june 2022,retail.economictimes.indiatimes.com
  With this partnership, Starbucks in India will sell vegan sausage croissant roll, vegan hummus kebab wraps and vegan croissant buns in Mumbai, Delhi, Hyderabad, Bengaluru, Kolkata, Gurugram, Goa, Noida, Pune and Jaipur to cater to the taste buds of the Indian vegan population with plant-based meat…
• Earth Rhythm targets Rs 150 crore sales in FY23; to enter offline retail
  7 june 2022,retail.economictimes.indiatimes.com
  Earth Rhythm, in which beauty and fashion brand Nykaa has made strategic investments earlier this year, plans to venture into retail and is targeting to open over 100 kiosks in India and offshore markets such as the Middle East and US…
• Lava gearing up to compete in sub-Rs 10,000 smartphone segment, provide service at home
  7 june 2022,retail.economictimes.indiatimes.com
  “We came up with the concept of customer relationship manager for Agni series phones — Agni Mitra — where customers were allotted a dedicated person to handle any issue that they may face in their smartphones. We are now going to extend the same concept for our upcoming Blaze series. We are planning to start it with 2,000 personnel across India,” Raina said…
• Select CITYWALK conducts social experiment: This Environment Day, #ActNow for better tomorrow
  7 june 2022,retail.economictimes.indiatimes.com
  New Delhi [India], June 6 (ANI/SRV): Our environment offers a precious habitat for life on earth. Yet, our most abundant resources are fast depleting, leading to scarcity of the most basic units of life, like fresh air, water, and natural resources…
• What FMCG & retail need to understand about shifts in consumer behaviour during pandemic; how different trades can move forward
  7 june 2022,timesofindia.indiatimes.com
  The world as we knew it, especially the retail and FMCG sectors, had to change unrecognisably when the pandemic erupted and disrupted everything. This is because consumers were forced to stay home and change themselves and their behaviour completely. Hence, be it the traditional, general, or modern trade or the e-commerce platforms, every business type had to change with them and had also observed the impact of this shift on their market and profit share…
• POCO India appoints Himanshu Tandon as new India head
  7 june 2022,livemint.com
  POCO started as a sub-brand of Xiaomi, with devices sold online and aimed at younger buyers. It was spun off to become an independent company in January 2020. The company had managed to capture 2% of the smartphone market share in the first month of operations in 2020…
• Havas Worldwide India (Creative) appoints Arthi Basak as EVP & Planning Head – West
  7 june 2022,exchange4media.com
  Havas Worldwide India (Creative) has appointed Arthi Basak as EVP and Planning Head – West. Esha Datta and Sougata Kundu have been roped in as Vice President, Client Servicing. While Arthi and Esha will be part of the Havas Mumbai office, Sougata will work out of Havas Gurgaon…
• Recession In India: A Myth Or Upcoming Reality
  7 june 2022,businessworld.in
  India’s growth story had been receiving enthusiasm globally amid constraints like Covid-19, chip shortages, geopolitical conflict, rising commodity prices, container shortages and significant shipping and logistics issues, says Union Minister Piyush Goyal…
• Villedomo Unveiled Their First Flagship Store In Delhi
  7 june 2022,boldoutline.in
  Villedomo store is now open for all to experience the magic of handcrafted, hand knotted rugs and carpets woven with love and commitment by the rural artisans and weavers for their buyers in pursuit of beauty and heritage, resulting in masterpieces that add an aesthetical value to your dream corner…
• Tata Starbucks revenue up 76% to Rs 636 cr in FY22; reduces net loss significantly
  6 june 2022,retail.economictimes.indiatimes.com
  The company now has 268 stores across 26 cities.Formed in 2012, Tata Starbucks is a 50:50 joint venture between Starbucks Corporation and Tata group’s FMCG arm Tata Consumer Products Ltd (TCPL)…
• The great debate of service charge
  6 june 2022,retail.economictimes.indiatimes.com
  The two camps, one made of consumer organizations along with a few Government departments, ask for putting a stop to this practice of levying additional Service Charges. At the same time, the restaurant and hotel associations (the other party) argue the contrary – that it is not illegal and expressly specified on their menu’s cards when the individual orders from a restaurant, and such Service Charges directly contribute to the benefit and welfare of the staff…
• Myntra to create 27,500 seasonal jobs for its End of Reason Sale
  6 june 2022,retail.economictimes.indiatimes.com
  The additional workforce being hired is for roles across functions such as sorting, grading and packing across key major hubs, Bengaluru, Mumbai, Delhi and Kolkata…
• Closely monitoring near-term trends to see impact on consumer behaviour, says TCPL MD & CEO Sunil D’Souza
  6 june 2022,retail.economictimes.indiatimes.com
  ​​​​ The company will be monitoring the global situation and inflation closely and put in practical and adequate mitigating measures, D’Souza said in the latest annual report of the Tata group’s FMCG arm. TCPL will continue to leverage the trust that the brand inspires, expand portfolio and increase footprint to reach more consumers in India, he added…
• Flipkart aims to sell one bn fashion products in 2023, preps for sale event
  6 june 2022,business-standard.com
  ​​​​ Flipkart is betting on the fashion market and has announced its end-of-season sale (EOSS) event where it will connect customers to 200,000 sellers…
• Erode Textile Mall eyes B2B, B2C segments through large format stores: Official
  6 june 2022,retail.economictimes.indiatimes.com
  ​​​​ A hypermarket, five-screen multiplex, 500-seat food court, five dine-in restaurants among others were also planned. The mall was expected to serve the region — Karur, Erode, Tirupur, Coimbatore and Salem…
• Gold average purchase value dips, sales volume strong
  6 june 2022,retail.economictimes.indiatimes.com
  ​​​​A recent UBS Securities India report by brokerage firm said its regression analysis suggested that a one percentage point increase in inflation would lead to a 2.6% rise in gold demand. Gold has given a return of 6% year-to-date, compared with a 5% fall in the Sensex…
• KFC India plans to unveil 20 eco-friendly restaurants in 2022
  6 june 2022,retail.economictimes.indiatimes.com
  The brand aims to launch 20 more such restaurants by 2022, striving to enable consumers to enjoy their favourite KFC dishes in a much more responsible manner, the company said…
• Starbucks partners Imagine Meats to sell vegan products
  6 june 2022,retail.economictimes.indiatimes.com
  Under the partnership, Starbucks will sell vegan sausage croissant rolls, vegan hummus kebab wraps and vegan croissant buns in Mumbai, Delhi, Hyderabad, Bangalore, Gurugram, Jaipur, Goa, Kolkata, Noida and Pune…
• Restaurant Brands Asia’s slow recovery is worrisome
  6 june 2022,livemint.com
  Restaurant Brands Asia Ltd (RBA), previously known as Burger King India Ltd, has seen a slow recovery post covid. Consequently, the stock is down by 25.6% calendar year to date on BSE. The sentiment is mute towards other quick-service restaurant operators, as well. For instance, shares of Westlife Development Ltd, which owns and operates McDonald’s restaurants, are down by 18.3% in 2022…
• Zomato report highlights steps taken on six sustainable-development goals
  6 june 2022,retail.economictimes.indiatimes.com
  “If one looks up the United Nations definition of sustainable development, it is described as – ‘development that meets the needs of the present without compromising the ability of future generations to meet their own needs’,” Goyal wrote in a blog on Zomato’s website…
• Benq aims over Rs 1,000 crore turnover in next 3 years from Indian market
  6 june 2022,retail.economictimes.indiatimes.com
  Benq India, part of Taiwan-based Benq Corporation, expects the 50:50 ratio from both the segments to continue as government and enterprises need these kind of devices. Private educational institutions and the government are investing on smart classrooms, he added…
• Mumbai’s skyline will witness a transformation by 2024
  6 june 2022,constructionweekonline.in
  20% of the city’s housing societies are going under redevelopment, says Ram Raheja, director at S Raheja Realty driving the current wave of redevelopment in Mumbai. In the last year alone, a record 2500 building approvals have been given by BMC to fulfill the rising demand. Mumbai’s USP is its way of life and the seemingly endless possibilities that draw individuals from all across India to invest in real estate. The high demand for housing has resulted in a scarcity of suitable living spaces…
• Institutions bet big money on real estate projects in smaller cities
  6 june 2022,economictimes.indiatimes.com
  Developers in tier-2 cities have started getting institutional funding after the Covid-19 pandemic led to a housing and commercial space boom in smaller cities, realtors and fund houses told ET…
• ‘Physical stores are here to stay for a bit longer’
  6 june 2022,bangaloremirror.indiatimes.com
  Mahesh Anand tells Shreyashi Mukherjee about what the company’s future plans are for Karnataka, on an air-purifying paint and state’s colour choices…
• Why is Responsible Retailing the Need of the Hour
  6 june 2022,indianretailer.com
  A sudden shift to sustainable retailing is not possible, it will be a gradual process and it will differ from business to business, product to product…
• Omaxe Chowk launches co-retail spaces
  6 june 2022,constructionweekonline.in
  Omaxe Chowk has launched first-of-its-kind co-retail spaces in its multi-level parking cum commercial project in Chandni Chowk. The project will go under fit-out soon…
• Ethos announces exclusive partnership with Swiss watch brand, NORQAIN
  6 june 2022,business-standard.com

  NORQAIN’s watches can be purchased in Ethos stores nationwide…

• Diageo India sees double-digit growth from scotches; steps up premiumisation
  6 june 2022,retail.economictimes.indiatimes.com
  The company is working on a premiumisation strategy and reshaping its portfolio with renovations and innovations of brands such as Signature and Royal Challenge and scaling it up after getting the momentum…
• Reliance Retail pilots grocery delivery service through new platform, app
  4 june 2022,retail.economictimes.indiatimes.com
  The company plans to expand the service by this calendar year end to more than 200 cities and towns where JioMart is currently operational , two industry executives said…
• PepsiCo to invest Rs 186 cr on expansion of Mathura food manufacturing facility
  4 june 2022,retail.economictimes.indiatimes.com
  Food and beverages major PepsiCo India on Friday said it will invest an additional Rs 186 crore for the expansion of its food manufacturing facility at Kosi Kalan, Mathura in Uttar Pradesh to produce nacho chip brand Doritos. Following this, PepsiCo’s overall investment in its largest greenfield foods manufacturing plant that produces Lay’s potato chips would be Rs 1,022 crore…
• Xiaomi India names Alvin Tse as India head, Anuj Sharma as CMO in big rejig
  4 june 2022,retail.economictimes.indiatimes.com
  Stanford educated, a British national, Alvin Tse was in charge of the company’s Indonesia business as the general manager. He is one of the founding members of the now independent Xiaomi sub-brand Poco…
• Amazon’s CEO of Worldwide Consumer to step down after 23 years
  4 june 2022,retail.economictimes.indiatimes.com
  Amazon CEO Andy Jassy said he expects to be ready with an update on Clark’s succession over the next few weeks. Clark’s last day at work will be July 1…
• India’s retail inflation may be at 5.7-6.9% in FY23, say economists
  4 june 2022,business-standard.com
  This is after duty cuts on fuel; 25-50 bps repo rate hike likely in the MPC meet next week…
• Lulu Group to invest Rs 2500 crore in Uttar Pradesh across three new projects
  4 june 2022,retail.economictimes.indiatimes.com
  UP launched their 3rd Investment Summit and ground breaking ceremony, which was inaugurated by PM Narendra Modi in the presence of CM Yogi Adityanath, Indian Defence Minister Rajnath Singh and other officials in Lucknow. More than 600 investors are showcasing various initiatives, mega projects as well as number of startups and technological innovations…
• Gold discounts widen in India as prices rise, wedding demand cools
  4 june 2022,retail.economictimes.indiatimes.com
  Indian dealers offered a discount of up to $9 an ounce over official domestic prices this week – inclusive of the 10.75% import and 3% sales levies, up from the last week’s $5 discount. Local gold prices were trading near their highest level in a month on Friday…
• Demand falls as price hike forces consumers to go for smaller packs
  4 june 2022,business-standard.com
  Sales in urban areas in May were down 16 per cent and those in rural parts 16.6 per cent (against April)…
• Explainer: What are cloud kitchens?
  4 june 2022,business-standard.com
  The number of cloud kitchens in India has shot up since the pandemic. A Redseer report estimated the size of the market would touch $3 billion by 2024, from just $400 million in 2019…
• Swiggy offers more benefits to subscribers
  4 june 2022,retail.economictimes.indiatimes.com
  “The program now offers users unlimited free deliveries on food delivery from all restaurants as far as 10 km, and for orders starting at Rs 149 only,” Swiggy said…
• Here’s why Indian Tea is being rejected by global buyers
  4 june 2022,livemint.com
  Indian tea makers’ opportunity to ramp up exports on the back of falling produce by crisis-hit Sri Lanka has hit a roadblock with consignments beings rejected due to presence of pesticides and chemicals beyond permissible limits. However, the tea producers maintain that the maximum residue level (MRL) of chemicals in tea should be maintained at current levels and in a few cases to be raised…
• Mother Dairy aims to turn ‘plastic waste neutral’ by FY 2023-24
  4 june 2022,retail.economictimes.indiatimes.com
  Mother Dairy began its plastic waste collection and recycling/co-processing initiative in Maharashtra in FY2018-19 under the Extended Producer Responsibility (EPR) programme and scaled up the initiative on a pan-India level for Multi-Layered Plastic Waste (MLP) in FY2019-20, in line with the Plastic Waste Management (PWM) Rules 2018 as amended…
• Marico launches sustainability 2.0 framework with 50 KPIs
  4 june 2022,retail.economictimes.indiatimes.com
  In addition to empowering approx. 1+ lakh farmers about sustainable practices, Marico also aims to cohere the purpose, messaging, and impact-based actions of its top 5 brands by revenue with the goals and targets outlined by the United Nations Sustainable Development Goals by 2030…
• Indian retail scenario witness an upward sales trend post pandemic Attributed to Mr. Sandeep Raheja, Chairman, K Raheja Realty
  4 june 2022,retail.economictimes.indiatimes.com
  Navigating the Covid-19 pandemic and the subsequent unusual occurrences was and continues to be an incredible endeavor. From mass shop closings, severe occupancy limits to demand issues and global supply constraints, merchants and customers all over the world have been pushed to adapt…
• Government to come out with legal framework to stop restaurants from levying service charge
  3 june 2022,retail.economictimes.indiatimes.com
  The meeting was attended by representatives of National Restaurant Association of India (NRAI), Federation of Hotel & Restaurant Associations of India (FHRAI) and consumer organisations, including Mumbai Grahak Panchayat and Pushpa Girimaji…
• BigBasket gets another Rs 350 crore investment from its holding company
  3 june 2022,retail.economictimes.indiatimes.com
  ETtech reported in April that BigBasket had received a Rs 1,000-crore infusion from the holding company…
• Mayday for FMCG, electronic companies as demand begins to sputter
  3 june 2022,retail.economictimes.indiatimes.com
  Sales shrunk across categories in May led by commodities like edible oil and packaged atta which fell 32% followed by home care and confectionery which declined by 10% respectively…
• Maaza turns the fastest growing brand for Coca-Cola
  3 june 2022,retail.economictimes.indiatimes.com
  The company is stepping up nutrition as a core growth vertical globally as well as in India, and is investing heavily in dairy and glucose-based drinks to broadbase its portfolio beyond core fizzy drinks…
• Cloud kitchen startup Curefoods raises $43 million funding led by Winter Capital
  3 june 2022,retail.economictimes.indiatimes.com
  Existing investors Chiratae Ventures infused about $1.6 million while Accel India invested $3.9 million and Iron Pillar put in $10 million, according to regulatory filings sourced from business intelligence platform Tofler…
• Will have to consider price hikes in FY23 as well: Page Industries CFO
  3 june 2022,business-standard.com
  Page Industries, the exclusive licensee of Jockey International for the manufacture, distribution, and marketing of the Jockey brand in India, Sri Lanka, Bangladesh, Nepal, and the UAE, reported a margin of 24 per cent in the January-march quarter despite inflation…
• How retailers compete with established brand manufacturers
  3 june 2022,retail.economictimes.indiatimes.com
  Retailing as a channel institution has been the gateway for brand manufacturers to reach end consumers. However, the manufacturers seek better control and reduced dependence on intermediaries by going direct with a forward vertical integration strategy, leading to the emergence of corporate retail chains, e.g., Bata, Raymonds, Titan, Patanjali, Ceat Shoppe, and others. The retailers perceived the trend as dangerous, stabbing them in the back. Sometimes, manufacturers sell to the end consumers at a price lower than the retailers, causing a power shift in their favor in the short run. Nevertheless, exploiting such power proves self-defeating in the long run…
• Consumer sentiments fall sharply in May-end, more in rural than urban
  3 june 2022,retail.economictimes.indiatimes.com
  According to the CMIE data, the index of consumer sentiments (ICS) tanked by 9.4% in the week ended May 29. While the ICS fell by 5.9% in urban regions, the fall was much steeper by 11.4% in rural regions…
• Block deals selling 2.8% stake has no impact on Bata India: CEO
  3 june 2022,retail.economictimes.indiatimes.com
  “The latest block deals selling 2.8% does not impact the majority control that the promoter has and it is just the simple small minor stake dilution which was in line with certain restructuring in the family trust. No impact whatsoever on Bata India., says Gunjan Shah. The Bata India CEO also talks about how an improved product mix and a move towards “casualisation” and “sneakerisation” has aided in improving margins.”…
• Zara owner Inditex set to benefit from higher prices
  3 june 2022,retail.economictimes.indiatimes.com
  Analysts are expecting a 93% rise in net profit to 812 million euros ($866 million), according to Refinitiv data. Sales are expected to rise by 27% to 6.2 billion euros. Last year’s performance was affected by store closures during the pandemic…
• Mother Dairy aims to turn ‘plastic waste neutral’ by FY 2023-24
  3 june 2022,livemint.com
  Mother Dairy said it aims to recycle over 7,000 million tonnes of post-consumer used plastic waste by the end of the current fiscal and would become a ‘Plastic Waste Neutral Company’ by FY 2023-24…
• Startup launches 10-min liquor delivery service in Kolkata
  3 june 2022,retail.economictimes.indiatimes.com
  The service was launched in the eastern metropolis after approval from the West Bengal State Excise Department, the statement said…
• Mattress brand Repose to set up unit in Odisha, deploys Japanese sleep-tech
  3 june 2022,retail.economictimes.indiatimes.com
  The 10-year-old company, promoted by four former executives from the industry, with their own funds and bank loans, ended the year 2021-22 with revenues of Rs 103 crore. With rapid expansion pan-India, the company hopes to end the current fiscal year with about Rs 200 crore in revenues, chief operating officer Ramanath Bhat told a media conference…
• Homegrown smartwatch maker Fire-Boltt aims to triple revenue this year; to start local manufacturing
  3 june 2022,retail.economictimes.indiatimes.com
  “We are looking to scale our revenues upto 3x in next 9 months..we are poised to do so with the kind of product roadmap we have and we are planning to expand into adjacent categories in the wearable IoT space,” Arnav Kishore, Founder & CEO at Fire-Boltt told ET…
• Has REITS changed investor sentiments towards real estate?
  3 june 2022,constructionweekonline.in
  A Real Estate Investment Trust (REIT) is a professionally managed entity that finances, owns and operates real estate assets to generate income for the investors in these vehicles. Since their introduction in India in 2017, REITs have been witnessing a gradual upward trajectory, even despite the pandemic and its aftermath. REITs and other similar fractional ownership mechanisms have brought on a rapidly growing interest in real estate investments. This has benefitted the real estate sector tremendously with more consumers encouraged to invest and developers gaining access to alternative funding…
• How The Body Shop India Plans to Achieve Two-Fold Growth in E-Commerce Business
  3 june 2022,indianretailer.com
  The beauty market has evolved significantly throughout the years, particularly in the last two years. Beauty is now defying expectations and redefining itself as a means of self-expression, thus encouraging more about ‘how you feel’ in your skin and hence breaking standard beauty norms…
• K Hospitality’s Karan Kapur on why QSRs are India’s next big thing
  3 june 2022,yourstory.com
  In an exclusive interview with YourStory, K Hospitality’s Karan Kapur traces the journey of one of the country’s largest hospitality groups and reveals what it takes to succeed in India’s hyper competitive F&B industry…
• Yesterday once more for malls: Rentals moving up as purchases reach pre-Covid levels
  3 june 2022,financialexpress.com
  Shishir Shrivastava, managing director, Phoenix Mills, said he was looking at an increase in rentals of 11-12% in the current year over FY22, over the minimum guaranteed rent. “Over and above this, we would also see a higher percentage of revenue share from the same brand category,” Shrivastava said…
• V2 Retail to open 20 new stores in UP, Eastern India for expansion
  3 june 2022,fibre2fashion.com
  Apparel chain, V2 Retail, is zeroing in on high-street markets in tier 2 and tier 3 cities of UP, Odisha, and Bihar for their further expansion. The company, which has its presence in over 100 cities across the country, is planning to open 20 more stores by shelling out of 25 crore investments to take the overall count to 120 over the next three quarters…
• India lines up banks, others for e-commerce scheme to take on Amazon, Walmart
  2 june 2022,retail.economictimes.indiatimes.com
  Some of India’s biggest banks are in discussions about setting up “buyer platforms” to let their customers place orders for goods and services over the Open Network for Digital Commerce (ONDC), which the Indian government soft-launched in April, the sources told Reuters…
• We are committed to enhance our existing wholesale capabilities in India: Metro spokesperson
  2 june 2022,retail.economictimes.indiatimes.com
  “The Indian market has enormous potential for wholesale and we are committed to enhance METRO’s existing wholesale capabilities. METRO India business is doing well and we have seen a big jump in our EBITDA for FY 21 vs FY 20,” said a spokesperson of Metro India…
• Reliance signs JV with Plastic Legno, to acquire 40% in its toy manufacturing business
  2 june 2022,retail.economictimes.indiatimes.com
  A Reliance Brands spokesperson said the move is in line with the government’s Atmanirbhar Bharat initiative. “This collaboration with Plastic Legno’s deep experience in world-class toy manufacturing coupled with our strong footing in the global toy retail industry would open new doors and unparalleled opportunities for toys manufactured in India,” the person said…
• Nestle India eyeing new categories to push growth
  2 june 2022,retail.economictimes.indiatimes.com
  “The growth strategy of the company continues to be aggressive. Our categories have headroom for penetration. There are new opportunities whether it is in healthy ageing products, plant-based nutrition, healthy snacking and the toddler segment (for nutrition). All of these will be happening in the next couple of years…
• Meesho looks to cut costs, extend cash runaway with new seller policies
  2 june 2022,retail.economictimes.indiatimes.com
  The company has told at least one of its third-party logistics partners – among the largest nationally — that it expects shipment volumes to decrease by about 25-30% in the next two quarters…
• FMCG demand slows in rural India for third successive quarter in Jan-March quarter: Nielsen
  2 june 2022,retail.economictimes.indiatimes.com
  This is the highest consumption slowdown in the last three quarters, said the FMCG Snapshot released by NielsenIQ’s Retail Intelligence team on Wednesday. Besides, there was an increase in the exit of small manufacturers in the FMCG sector due to high input cost pressures, as they were not able to pass on the costs to consumers…
• Snapdeal’s CFO Anup Vikal puts in his papers
  2 june 2022,retail.economictimes.indiatimes.com
  Vikal led the failed acquisition talks on behalf of the ecommerce marketplace with Flipkart and was reportedly in favour of the deal going through…
• Fast growth still on, but inflation…
  2 june 2022,retail.economictimes.indiatimes.com
  The sequential slowdown in growth from 20.3% in the first quarter of 2021-22 through 8.5% in the second and 5.4% in the third, before reaching 4.1% in the last quarter, is expected to be reinforced as the low base effect of the prior year is withdrawn and fresh supply disruptions affect commodity, food and fuel prices…
• What E-Commerce brands can teach Retail Startups about Shipping
  2 june 2022,retail.economictimes.indiatimes.com
  The impact of modern logistics is not restricted to the e-commerce or retail industry. It has transformed and remade entire supply chains. This has subsequently created and opened up unexplored and new markets…
• High input costs continue taking a toll on India’s mfg sector
  2 june 2022,retail.economictimes.indiatimes.com
  Increasing inflationary pressures and supply chain bottlenecks remain a cause of concern for the manufacturing sector, which saw a contraction of 0.2% on an annual basis in May. Data shows that business sentiment was dampened by inflation concerns in May, with the overall level of confidence the second-lowest in just over two years…
• Aditya Birla Group enters direct to consumer business, sets up a new firm TMRW
  2 june 2022,retail.economictimes.indiatimes.com
  The company has appointed ex-Facebook and Bain executive, Prashanth Aluru, as the CEO and co-founder to lead the build-out of this new venture…
• Agra shoemakers squeezed by costs, fading demand
  2 june 2022,retail.economictimes.indiatimes.com
  Agra has been India’s biggest shoe making centre since the Mughals ruled from the city centuries ago. The local industry, which employs 400,000 workers, faces falling rural demand and rising costs, though a pick-up in overseas sales partly helped bigger manufacturers…
• PE firm Lightspeed gets bid invite for Metro Cash & Carry’s India ops
  2 june 2022,business-standard.com
  Private equity player Lightspeed Venture Partners, in a consortium with some other companies, is evaluating an offer by Metro AG to buy a strategic stake in its Indian operations, Metro Cash & Carry, says a source involved in the deal…
• 24Seven sales up 14% to Rs 405 cr in FY22
  2 june 2022,retail.economictimes.indiatimes.com
  “Gross Sales from 24Seven Convenience Stores (TFS) during FY22 was Rs 405 crores, an increase of 14 per cent over last year. The number of stores stands at 105 at the end of March 2022,” Godfrey Phillips India CEO Sharad Aggarwal said in an earnings presentation…
• High-end, organized retail to boost opportunities in thriving marketplaces
  2 june 2022,timesofindia.indiatimes.com
  The evolving customer preferences and the desire for a sophisticated shopping experience have transformed India’s retail market. Despite the pandemic setbacks, the organized, high-end retail spaces have registered robust growth performance. The latest business survey done by the Retailers Association of India (RAI) shows that the retail industry witnessed 10 percent business growth in February 2022 compared to the business done in February 2021…
• Revenge shopping and shrinkflation
  2 june 2022,brandequity.economictimes.indiatimes.com
  It’s an interesting contrast of sorts. Consumption in an inflation driven environment is being driven or pushed by two factors – revenge shopping and shrinkflation…
• Phoenix Mills to set up mall in Surat, open new ones in Indore and Ahmedabad this year
  2 june 2022,thehindubusinessline.com
  The Phoenix Mills, India’s largest retail mall developer and operator, will set up a mall in Surat in partnership with BSafal Group. They are also set to open new malls in Indore and Ahmedabad, later in the year…
• Reliance Brands to buy 40% in Italian company’s India toy manufacturing business
  2 june 2022,brandequity.economictimes.indiatimes.com
  NEW DELHI: Reliance Brands (RBL), the retail brand licensing arm of Reliance Industries (RIL), is set to acquire 40% stake in Italy-headquartered Plastic Legno’s toy manufacturing business in India — Pune-based Dream Plast — for an undisclosed sum…
• Royaloak Furniture Retail Store Inaugurated In CHITTOOR
  2 june 2022,timesofindia.indiatimes.com
  CHITTOOR : India’s leading Furniture Brand Royaloak today launched its first store at Chitoor Royaloak with its International range of Sofas, Recliners, Dining, Mattress, Beds, Décor & widest range of Office & Outdoor Furniture…
• Adani Wilmar will focus on expanding food category; open to acquire suitable brands, factories, companies: CEO
  1 june 2022,retail.economictimes.indiatimes.com
  With majority of our upcoming projects being focused at the food category, we plan to have more atta and dal units, one large soya badi unit, one rice unit, two mustard oil and a rice bran oil unit…
• Britannia’s Winkin’ Cow becomes Rs 100-crore brand in FY22
  1 june 2022,retail.economictimes.indiatimes.com
  The company aims to grow the brand by 50 to 60 per cent every year with the infusion of consumer-led franchise-building as well as portfolio expansions, said Britannia Industries managing director Varun Berry…
• IKEA to open store in Bengaluru on June 22
  1 june 2022,retail.economictimes.indiatimes.com
  IKEA India will open doors to its store in Bengaluru, located at Nagasandra, for the people of Karnataka on June 22, 2022. The store will be connected to the Nagasandra metro station making the store accessible for the many people of Bengaluru…
• Coffee Day Enterprises Q4 Results: Net profit at Rs 59 crore
  1 june 2022,retail.economictimes.indiatimes.com
  CDEL’s revenue from operation rose 2.81 per cent to Rs 169.81 crore against Rs 165.16 crore in the year-ago period.Its total expenses declined 55.75 per cent to Rs 167.47 crore in Q4 FY22 compared to Rs 378.52 crore in Q4 FY21…
• India’s textiles exports highest-ever in FY22 at $44.4 billion: Govt
  1 june 2022,retail.economictimes.indiatimes.com
  The exports tally, which also includes handicrafts, indicates a substantial increase of 41 per cent and 26 per cent over corresponding figures in FY21 and FY20, respectively…
• Mensa Brands expands into US, Middle East and other global markets
  1 june 2022,retail.economictimes.indiatimes.com
  This comes at a time when the roll up commerce sector is facing headwinds, with the likes of Thrasio cutting costs amid a change of CEO…
• Business environment will continue to be challenging due to geopolitical tensions, commodity price inflation: HUL
  1 june 2022,retail.economictimes.indiatimes.com
  “Against this challenging backdrop, our robust results for the financial year 2021-22 demonstrate strategic clarity, the strength of our brands, our execution prowess and agility. In the near future, with geopolitical tensions and commodity price inflation, the business environment will continue to be challenging,” said HUL managing director Sanjiv Mehta in the latest annual report…
• Delhivery can grow without compromising on profits: CEO Sahil Barua
  1 june 2022,retail.economictimes.indiatimes.com
  Delhivery cofounder and chief executive officer Sahil Barua and Sandeep Barasia, the chief business officer, told ET in a post-earnings call that its operating leverage would kick in even as it continues to chase growth…
• Myntra gets master distribution rights of women’s fashion brand bebe in India

  1 june 2022,retail.economictimes.indiatimes.com
  In this association, Flipkart owned Myntra will assist the fashion brand bebe in wholesale distribution through a network of third-party franchise partners and distributors, read the press release. Bebe aims to set up five brand outlets and ten shops in shops over the year across 3 cities, it shared…

• Campus Activewear Q4 Results: Profit rises three-fold to Rs 39.6 crore
  1 june 2022,retail.economictimes.indiatimes.com
  Its revenue from operation rose 28.07 per cent to Rs 352.33 crore against Rs 275.10 crore in the year-ago period…
• Facing inflation-weary shoppers, grocers fight price increases
  1 june 2022,livemint.com
  Supermarkets and distributors are pushing back on higher prices from food makers, as escalating inflation drives more consumers to rethink their spending…
• Uber Eats-Amita Gupta case calls for gig worker law reform: Study
  1 june 2022,business-standard.com
  The sacking of Indian-origin Amita Gupta by Uber Eats for allegedly arriving 10 minutes late for a delivery has highlighted the need to provide basic employment rights to gig workers, a new study said…
• Demand outlook for quick service chains positive, despite price jump
  1 june 2022,retail.economictimes.indiatimes.com
  The food service industry is expected to clock 9% growth with QSRs likely to grow faster at 23% over FY20-25 as they operate on mass prices, brokerage Motilal Oswal said in a recent report. The outlook forecasts come amid industry revival after two years of pandemic-induced downturn marked by lockdowns, curbs on operating hours, and consumer fears about stepping out. The 4₹.2 lakh crore food services industry witnessed permanent closure of over 25% restaurants…
• Tech giants accuse Indian authorities of ignorance in Xiaomi spat
  1 june 2022,retail.economictimes.indiatimes.com
  India’s anti-money-laundering agency is accusing Xiaomi of moving money out of the country by falsely claiming it was for patent-fee payments. The agency seized more than $700 million from a local unit of the Chinese smartphone maker in April, a move that has since been put on hold pending a final court decision…
• Pune Inc: Innovation meets technology as Chappers, customised footwear brand, to scale nationwide, go global
  1 june 2022,indianexpress.com
  At footwear shops across the country, the vibrant designs are for women while men have to make do with mostly tan, black, and brown. The situation so exasperated a colour-loving 23-year-old from Pune that he set up his own brand of men’s Kolhapuris, called Chappers, in 2014, and offered the classic footwear in unusual shades of neon green, lemon yellow, and dull red to men. The footwear flew off the shelves. Now, Chappers has an annual turnover of Rs 2.50 crore…
• How are Tier-II & III cities acting as growth engines of the economy? Here’s what Andromeda has to say
  1 june 2022,deccanherald.com
  As the services sector started its precedence over manufacturing and agriculture in the late 90s, the lack of employment opportunities, career growth, and crumbling infrastructure in India’s smaller cities and towns drove the country’s youth and unskilled labor to tier I cities like Mumbai, New Delhi, and others. However, the latest trends suggest that tier II & III cities offer better economic revival and growth opportunities making them the next big market for companies. One of the biggest contributing factors has been credit availability to most parts of the country…
• Nippon Paint India to open 600 retail outlets in Karnataka, T.N.
  1 june 2022,thehindu.com
  The decorative division of Nippon Paint India is planning to open at least 600 retail outlets over the next seven months in Karnataka and Tamil Nadu, said senior official…
• American Eagle to Expand Presence in India with 50 New Stores
  1 june 2022,retailtouchpoints.com
  American Eagle’s licensee in India, Aditya Birla Fashion and Retail Limited (ABFRL), has announced plans to open 50 additional stores across the country over the next three years. The news was announced in conjunction with the brand’s latest store opening in Jaipur, Rajasthan…
• Sheth Jeebun: Rising beyond cutting-edge growth in business
  1 june 2022,timesofindia.indiatimes.com
  Sheth Jeebun is a leading businessman and property developer with over 30 years of expertise within the Healthcare industry sector. With successful nursing homes within the UK spanning over the last 30 years and amassed a portfolio of nursing homes running under the banner of Aster Healthcare…
• Agoraverse to introduce the first Web 3.0 shopping center
  1 june 2022,timesofindia.indiatimes.com
  Blockchain-enabled shopping mall Agoraverse has announced the launch of its first-ever shopping mall in the metaverse. This virtual shopping mall will have fashionably displayed apparel lines, metaverse-related commodities and services, art collections, NFTs, office and home furniture, and more. It will also allow users to play mini-games and access relaxation areas such as clubs, restaurants, and other amenities…
• Sugar Cosmetics raises $50 million led by L Catterton
  31 May 2022,realty.economictimes.indiatimes.com
  The beauty brand’s current annualised revenue run rate is around Rs 500 crore and that is expected to reach Rs 2,000 crore over the next 24-36 months, the company said earlier…
• Radico Khaitan Q4 net profit down 31.8% to Rs 50.15 cr, Sales up 9.43% to Rs 3,224.45 cr
  31 May 2022,realty.economictimes.indiatimes.com
  Radico Khaitan’s total expenses were at Rs 3,163.50 crore, up 10.46 per cent in Q4/FY 2021-22, as against Rs 2,863.89 crore…
• Flipkart promotes two executives to SVP as part of multiple promotions
  31 May 2022,realty.economictimes.indiatimes.com
  Bharath Ram and Guddeti Bharath Reddy have been elevated as SVPs, while Sharon Pais, who was moved to Myntra as its chief business officer, has been made a VP…
• Jubilant Foodworks profit falls 9% to Rs 96 crore
  31 May 2022,realty.economictimes.indiatimes.com
  Jubilant Foodworks Ltd (JFL) on Monday reported an 8.8 per cent decline in its consolidated net profit at Rs 96 crore in the fourth quarter ended March 2022, impacted by higher expenses…
• Shopping, eating out surge after two washout years
  31 May 2022,realty.economictimes.indiatimes.com
  Such a spike is seen mostly in urban markets, in malls and large high-street retail or dining areas as of now, despite increase in restaurant menu or product prices, and the overall inflationary environment. In fact, several executives said they are extremely bullish on sales in the short-to-medium term…
• Zilingo’s fired CEO responds to questions of mystery payments
  31 May 2022,realty.economictimes.indiatimes.com
  In two interviews, before and after her dismissal, Bose denied wrongdoing and provided detailed responses to key points of the investigation…
• India Q4 GDP: Inflation may have slowed down growth to just 4%, says poll
  31 May 2022,business-standard.com
  Soaring prices and the subsequent hit to consumer spending and investments are likely to further dampen India’s economy, economists said…
• Delhivery Q4 2022: Losses at Rs 119.8 crore, revenue doubles YoY to Rs 2,072 crore
  31 May 2022,retail.economictimes.indiatimes.com
  Revenue from operations was Rs 2,071.7 crore in the January-March period, from Rs 1,002.6 crore in the year-ago period. Total income more than doubled to Rs 2,127 crore from Rs 1,031.7 crore…
• Puma India to enter Maldives; partnered Sonee Sports to launch the brand
  31 May 2022,retail.economictimes.indiatimes.com
  Puma has partnered with Maldives-based sports and lifestyle marketplace Sonee Sports to launch the brand in the island nation. Under this partnership, the brand will expand its offline retail presence and also explore ecommerce, sports clubs and other distribution channels in this new market…
• HUL’s Mehta’s pay up 47% at Rs 22cr in FY22
  31 May 2022,retail.economictimes.indiatimes.com
  In 2020-21, which was a tough year for businesses following the pandemic, Mehta’s compensation had dipped by about 6% as compared to the previous year’s remuneration of Rs 16 crore (excluding stock options)…
• LT Foods Q4 profit up 26 pc to Rs 75.26 crore
  31 May 2022,retail.economictimes.indiatimes.com
  Total income rose 31 per cent to Rs 1,537 crore in the fourth quarter of last fiscal from Rs 1,169 crore in the corresponding period of the previous year…
• Smart wearables demand rising despite inflation
  31 May 2022,retail.economictimes.indiatimes.com
  Smartwatches grew at a record 173% on-year in the first quarter of 2022, while the wireless earbuds category surged by 66% on-year during the same period, according to Counterpoint Research. This was driven by low average selling prices, which analysts say are not pinching the pockets of consumers as much as smartphones…
• Samsung leads India tablet market in Q1 2022 with 40% shipments
  31 May 2022,livemint.com
  The pandemic-led shift to hybrid work and online learning has spurred a massive demand for laptops and tablets. According to a May report by CyberMedia Research (CMR), tablet shipments in India during the March quarter grew 68% year-on-year, while 4G tablets grew at 74%…
• International retailer Lulu Group introduces modern art theme at upcoming Lulu Mall in Lucknow
  31 May 2022,aninews.in
  Lucknow (Uttar Pradesh) [India], May 30 (ANI/NewsVoir): The upcoming Lulu Mall at Lucknow by the Lulu Group will be setting a benchmark in the design and architecture industry with its modern art theme. The mall has been designed by renowned United Kingdom (UK) based Architects. It will be a unique blend of local stories and innovative design…
• Top 10 Best Garment Manufacturers in India in 2022.
  31 May 2022,inventiva.co.in
  Clothing or garments are anything worn on the body. Therefore, it is also called clothes, apparel, and attire. Most clothes are made of fabrics or textiles, but people have made clothes out of animal skin, thin sheets of materials, and natural materials found in the environment…
• How retailers can build a successful omni channel retail strategy – Expert suggests this
  31 May 2022,zeebiz.com
  It would be an understatement to say that Indian consumers have not changed significantly over the years. Today’s average consumers are empowered, aware, and tech-savvy. Gone are the days when a high-octane mass media advertisement will sway customer opinion…
• After Tata, Amazon & Reliance, Now Swiggy Looks To Buy Loss-Ridden Metro Cash & Carry
  31 May 2022,inc42.com
  According to RoC filings, Metro Cash & Carry reported an INR 23.33 net loss in FY20 while its turnover stood at INR 6,915.3 Cr during the same fiscal year…
• Vendekin Technologies raises Rs 8.5 crore in funding led by Better Capital
  31 May 2022,economictimes.indiatimes.com
  Pune: Vendekin Technologies, which makes unattended retail technology solutions said on Monday that it has raised Rs 8.5 crore in a pre-Series A funding round…
• Amul makes foray into organic food industry
  30 May 2022,realty.economictimes.indiatimes.com
  The first product launched in this portfolio is “Amul Organic Whole Wheat Atta”, Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) said in a statement…
• Swiggy in contention for Indian operations of German wholesale retailer Metro AG
  30 May 2022,retail.economictimes.indiatimes.com
  Such a move would be aimed at taking forward Swiggy’s ambition of venturing further into ecommerce, expanding its business beyond mainstay restaurant delivery, as well as accelerating Instamart’s growth, said the people cited above…
• 10-minute delivery startups ready to defy downturn as demand surges
  30 May 2022,retail.economictimes.indiatimes.com
  Startups like Swiggy Instamart, Zepto, and Reliance-backed Dunzo, etc are trying to defy the current slowdown, as they add more goods and daily essentials to their kitty and deliver them to their customers…
• Godfrey Phillips India Q4 profit up 9% to Rs 103.88 cr, income up 2.84%
  30 May 2022,retail.economictimes.indiatimes.com
  While revenue from retail and related products was marginally down to Rs 83.20 crore as against Rs 83.52 crore in the fourth quarter last fiscal, it said…
• Diamond jewellery brand Orra plans IPO next year, targets doubling topline
  30 May 2022,retail.economictimes.indiatimes.com
  Orra also plans to open 2 new stores every month for the next 36 months to cross the 130 stores mark by fiscal year 2025. The company said it is spending about Rs 10 crore per store. These stores will be a 50:50 mix of company owned and operated or franchisee owned and company operated…
• ITC acquires 10% stake in Blupin Technologies
  30 May 2022,retail.economictimes.indiatimes.com
  Blupin Technologies is a web and app-based content-to-community-to-commerce platform and offers mother and baby care products and services under the brand name ”Mylo”…
• Beer manufacturer AB inBev launches made in India beer Seven Rivers
  30 May 2022,livemint.com
  After whisky, beer is India’s second most popular alcoholic beverage. The growth of India beer market can be attributed to burgeoning demand for diverse beer brands in India, together with the country’s growing workforce…
• Boat leads neckband market with 25.7% in Q1 in India: Report
  30 May 2022,retail.economictimes.indiatimes.com
  “Half of the total neckband market was taken over by the top three brands in Q1 2022. Boat captured the first position due to its significant presence in the lower price segment (Rs 1,000-Rs 2,000),” Senior Research Analyst Anshika Jain said in a statement…
• DLF rental arm clocks 10% increase in rent income at Rs 3,350 cr in FY22
  30 May 2022,freepressjournal.in
  DLF holds the bulk of its rent-yielding commercial properties in DLF Cyber City Developers Ltd…
• Consumer Durables shares gain
  30 May 2022,business-standard.com
  Consumer Durables stocks were trading in the positive zone, with the S&P BSE Consumer Durables index rising 986.95 points or 2.69% at 37663.45 at 09:47 IST…
• How technology and rise of social e-commerce is promoting businesses to expand their reach in India
  30 May 2022,financialexpress.com
  Currently, people prefer to shop online while they stay at home owing to the large number of internet users and their presence on social media…
• Luxury Realty – The new flavour of the season
  30 May 2022,financialexpress.com
  Long periods of confinement at home during the pandemic-induced lockdowns led to the rise in demand for bigger homes with ultra-modern amenities. Consequently, it also brought in a new definition of luxury…
• Luxury watch retailer Ethos misses stock market cues; lists at a 5% discount
  30 May 2022,businessinsider.in
  Chandigarh-based luxury watch retailer Ethos was widely expected to make a tepid listing debut on the stock markets. Yet, there was a silver of optimism since the Sensex soared 800 points on opening today…
• Women entrepreneurs keeping our culture alive
  30 May 2022,thehansindia.com
  “Fir v Dil hai Hindustani” a common dialoge which we often hear in the contemporary movies but do we ever try to go deep a little and excavate the significance of these words…
• United Spirits to sell 32 mass-brands to Inbrew for Rs 820 crore
  28 May 2022,realty.economictimes.indiatimes.com
  The deal includes the entire business of these brands such as related contracts, permits, intellectual property rights, associated employees, and a manufacturing facility. In addition, USL and Inbrew have entered into a five-year franchise arrangement for 11 other brands, including Bagpiper and Blue Riband…
• Ruchi Soya Q4 profit declines 25% to Rs 234.33 cr; income up 37% at Rs 6,676.19 cr
  28 May 2022,realty.economictimes.indiatimes.com
  The company’s total income rose to Rs 6,676.19 crore in the fourth quarter from Rs 4,859.5 crore in the corresponding period of the preceding fiscal…
• Nykaa Q4 Results: Profit falls 49% YoY to Rs 8.56 crore
  28 May 2022,realty.economictimes.indiatimes.com
  Revenue from operations rose to Rs 97.3 lakh from 7.41 billion rupees a year ago…
• Rebel Foods plans to expand in 100 cities by 2023; wants to be present in all food categories
  28 May 2022,realty.economictimes.indiatimes.com
  On the company’s global expansion plans, Singla said the brand currently operates in 10 countries in over 70 cities and aims to reach almost 20 countries in the coming year. “While expanding globally, we want to keep on growing brands other than geographical reach. So in these 20 countries, we look forward to adding almost 250 to 300 additional locations in the coming year,” he said…
• FY22 GDP growth seen at 8.2-8.5%, for Q4 at 2.7%: SBI Ecowrap report
  28 May 2022,realty.economictimes.indiatimes.com
  “We however believe the GDP projection for Q4FY22 is clouded by significant uncertainties. For example, even a 1 per cent downward revision in Q1 GDP estimates of FY22 from 20.3 per cent, all other things remaining unchanged could push Q4 GDP growth to 3.8 per cent,” the report said…
• Consumer sector deals rise in January-March quarter amid consolidation
  28 May 2022,business-standard.com
  Consumer companies are looking at inorganic ways to grow their business and also enter new categories, driving up the number of deals in the sector. The number of deals in this space jumped to 74 in the January-March quarter of 2022 from 45 in the corresponding period last year…
• Sneakers to help Bata recover biz
  28 May 2022,realty.economictimes.indiatimes.com
  Sneakers are paving the way for recovery of Bata India after the Covid-19 pandemic. Bata India MD & CEO Gunjan Shah told TOI that the shoemaker did very well in the last three quarters. It had recorded a growth of 13% in the last fiscal and the segment of sneakers was the growth driver…
• Arvind Fashions reports Q4 net profit at Rs 22.38 crore
  28 May 2022,realty.economictimes.indiatimes.com
  Consolidated revenue from operations during the quarter under review stood at Rs 916.7 crore against Rs 684.58 crore in the year-ago period, it added…
• I’m grieving and fighting for myself simultaneously, says fired Zilingo CEO Ankiti Bose
  28 May 2022,realty.economictimes.indiatimes.com
  Ankiti Bose said that, in the end, the company fired her for a lack of cooperation in the investigation rather than for actual financial improprieties. She’s determined to protect her reputation…
• Excise licences of Delhi hotels, clubs, restaurants extended till July 31

  28 May 2022,realty.economictimes.indiatimes.com
  In an order issued on Monday, the excise department of the Delhi government extended the Excise Policy 2021-22 for two months till July 31. The Excise Policy 2022-23 was approved by the Delhi Cabinet on May 5. It is yet to be approved by the lieutenant governor (L-G). For the extension, the licence-holders will have to pay a pro-rate licence fee for two months by May 31…

• Motilal Oswal Private Equity and Others Announce Rs 85 crore Investment in a Jewellery Retailer

  28 May 2022,news18.com
  The India Business Excellence Fund III, which is managed or advised by Motilal Oswal Private Equity, has committed Rs 85 crore to the Bengaluru-based omni-channel retailer, while the remaining sum came from existing investor India SME Investments Fund I…

• Motorola Solutions launches WAVE PTX in India
  28 May 2022,timesofindia.indiatimes.com
  Motorola Solutions will launch WAVE PTX in India, a new communication service that claims to instantly connect teams at the push of a button and shares multimedia information via the broadband devices and network…
• Shraddha Kapoor inaugurates Melorra’s first flagship high-street store in Bengaluru
  28 May 2022,apnnews.com
  Bengaluru : Melorra, one of India’s fastest growing D2C brands, recently announced the launch of its first flagship high-street store in Bengaluru. The store was launched by the brand’s ambassador, actor, and influencer, Shraddha Kapoor at Commercial Street. Melorra already has 3 experience centres in Bengaluru currently. The focus of the flagship store will be on experience and creating a destination centre that customers would like to visit. The brand plans to launch 350 more centres pan India in the coming years…
• Luxury Realty – The new flavour of the season
  28 May 2022,apnnews.com
  Long periods of confinement at home during the pandemic-induced lockdowns led to the rise in demand for bigger homes with ultra-modern amenities. Consequently, it also brought in a new definition of luxury…
• Santhoshi Reddy Is Empowering Customer Choices Through Customisation And Technology Through Beautykart
  28 May 2022,outlookindia.com
  Testing out products physically before purchase with regard to beauty products is still important to many customers. No doubt beauty eCommerce platforms like BeautyKart have a virtual Try-On…
• Oberoi Realty’s net profit falls to Rs 232.65 crore in Q4 FY22
  27 May 2022,realty.economictimes.indiatimes.com
  ​Total income rose to Rs 842.94 crore for the quarter under review as against Rs 800.87 crore in the corresponding period of the previous year, according to a regulatory filing…
• Purplle seeks $100 million from an internal raise at $800 million value
  27 May 2022,realty.economictimes.indiatimes.com
  ​The Mumbai-based company, Purplle will raise the money largely from its existing investors Verlinvest, Kedaara Capital and Premji Invest, among others, they said…
• Page Industries Q4 net up 65% to Rs 190.5 cr; revenue up 26% to Rs 1,111 cr
  27 May 2022,realty.economictimes.indiatimes.com
  For the fiscal year ended March 2022, PIL’s net profit jumped 57.53 per cent to Rs 536.53 crore. It had reported a net profit of Rs 340.58 crore in the previous fiscal…
• Colgate-Palmolive India Q4 profit rises to Rs 324 crore
  27 May 2022,realty.economictimes.indiatimes.com
  The company’s revenue from operations rose 1.43 per cent to Rs 1,293.35 crore during the quarter under review. In the year-ago period, the same stood at Rs 1,275.01 crore…
• Myntra launches 48-hour delivery with M-Express
  27 May 2022,realty.economictimes.indiatimes.com
  Myntra said the feature eventually cover 300,000 products in over 1,300 pincodes. Currently, it is available to customers in metro cities, with around 30% of products eligible for express delivery…
• Where is inflation headed? Nine signs to watch
  27 May 2022,livemint.com
  Inflation is close to a 40-year high—a development that is challenging households, companies and government policy makers. Is the wave of unusually high price increases near a peak? If so, how soon will inflation slow and by how much? And most important of all, where will inflation settle in the longer-run?…
• Amazon opens its first physical clothing store in US
  27 May 2022,retail.economictimes.indiatimes.com
  “Amazon is thrilled to welcome Los Angeles-area customers to shop at Amazon Style, our first-ever physical clothing store, and to introduce the local community to a few of the employees making it all happen,” it said in a statement late on Wednesday…
• Gold jewellery buyers to get purity hallmark on all types of gold articles from June 1
  27 May 2022,retail.economictimes.indiatimes.com
  Currently, gold hallmarking is allowed for 6 purity categories i.e. 14KT, 18KT, 20KT, 22KT, 23KT and 24KT. Thus, a jeweller does not have to mandatorily hallmark gold jewellery of 21KT or 19KT purity before selling…
• Organised dairy sector set to record double-digit revenue growth: Crisil
  27 May 2022,retail.economictimes.indiatimes.com
  The improved operating performance, along with adequately managed balance sheets and better control over working capital will support a revival in the capex plans of dairies, and yet keep their credit outlooks ‘stable’. An analysis of 40 dairies rated by CRISIL Ratings, which account for 60% of the organised sector revenue of close to Rs 1.05 lakh crore, indicates as much…
• Pepperfry appoints Anand Batra as CFO
  27 May 2022,retail.economictimes.indiatimes.com
  This is Batra’s second stint with the firm, his first being during its inception days in 2012. In his new role, he will be spearheading the organisation’s financial operations and strategic direction…
• Mobile, fridge, TV makers slash output targets till July
  27 May 2022,retail.economictimes.indiatimes.com
  Almost all mobile phone makers have altered their production plans, while consumer electronic companies are currently finalising plans depending on their inventory level…
• Bid to regulate commercial activities at parking sites in Delhi
  27 May 2022,timesofindia.indiatimes.com
  NEW DELHI: Delhi Development Authority (DDA) has brought an amendment in the Master Plan for Delhi 2021 to regulate commercial development at new multi-level car parking (MLCP) sites…
• How is House of Candy Planning to Make a Global Foray This Year
  27 May 2022,indianretailer.com
  The Indian candy market was valued at $1643.64 million in FY2020 and is forecast to grow at a CAGR of 15.40 percent to reach $3661.68 million by FY2026. One of the brands that plan to rule this market is ‘House of Candy’. Starting with just a single kiosk at DLF Mall Saket 8 years ago, the brand currently operates more than 210 stores…
• Shoppers Stop launches new SS BeAUTY store in Oberoi mall
  27 May 2022,retail4growth.com
  The SS BeAUTY Store at Oberoi Mall, spread across 790 sq. Ft, marks the 3rd exclusive retail point in the city, and houses the finest beauty brands such as MAC Cosmetics, Clinique, Bobbi Brown, Jo Malone, Estee Lauder, Smashbox and Tom Ford…
• Forever 21 Unveils Its All-New Flagship Store At Sarath City Capital Mall In Hyderabad
  27 May 2022,orissadiary.com
  Hyderabad: Forever 21, India’s most loved, international fast fashion brand from Los Angeles, California, licensed by Aditya Birla Fashion and Retail Ltd. in India and SAFTA countries, unveils its new flagship store on Upper Ground Floor, Sarath City Capital Mall in Hyderabad on 21st May 2022 (Saturday). This all-new Forever 21 store offers the latest global trends in comfort clothing…
• Malls back in action as fun community spaces
  27 May 2022,orissadiary.com
  Having severely borne the brunt of Covid related restrictions, shopping malls are now back in action with a vengeance with a whole range of activities; the latest being Oberoi and R City with their summer fests for families…
• After Tailing Success, MR.CORN Plans Pan India Expansion Leveraging Franchise Business Model
  27 May 2022,edtimes.in
  MR. CORN started its journey in November 2020 in the hands of Mr. Shantanu Rana to offer the customers quality food options with high nutritional value at an affordable price point. The brand launched its first outlet at Pacific Mall, Tagore Garden, Delhi, serving sweet corns in various flavors…
• De Beers India expects double digit growth in 2022
  27 May 2022,thehindubusinessline.com
  The diamond major is planning to strengthen its footprint across the country…
• How Digital Retail Is Changing Consumer Behaviour
  27 May 2022,indianretailer.com
  Online retail is driven by hyper-personalization. In a sea of sameness, where every product search on a platform throws up at least 7-8 similarly-priced options, the choice is driven by the newness and uniqueness of the shopping experience…
• Metro scouts for local partners
  27 May 2022,livemint.com
  Investment banks Goldman Sachs and JP Morgan have been tasked by Metro to find either a buyer for the company’s entire business in the country or a partner who can acquire a majority stake and help expand operations in India’s $800 billion retail market…
• Swiggy eyes commerce play with Minis marketplace
  26 May 2022,retail.economictimes.indiatimes.com
  ​Swiggy is working on a marketplace model to onboard local stores and direct-to-consumer (D2C) brands, multiple people aware of the matter said, adding that and a pilot project is already under way…
• Bata India Q4 net jumps over two-fold to Rs 63 cr; net sales up 13% to Rs 665 cr
  26 May 2022,retail.economictimes.indiatimes.com
  “The company continued the focus on key thrust areas of franchise & MBO expansion, consumer-relevant communication, portfolio casualisation and digital footprint expansion. All these have resulted in increase in footfalls across retail outlets, along with significant growth driven via e-commerce platforms and expansion in Tier 3-5 towns,” said Bata India in its earnings statement…
• Ikea CEO Jesper Brodin invites Bommai for Bengaluru store launch next month
  26 May 2022,retail.economictimes.indiatimes.com
  Jesper Brodin, CEO of Ikea Group met the chief minister at Davos and invited him for the launch of the Bengaluru store that is coming up at Nagasandra on the Pune expressway. The two discussed promoting local sourcing and manufacturing to add jobs and create employment opportunities for local youth…
• This was our best fourth quarter so far: Metro Brands CEO Nissan Joseph
  26 May 2022,retail.economictimes.indiatimes.com
  We maintain the same margin at the same rate as we did in Q3, which is quite challenging and speaks well of our team because Q4 is our clearance quarter. So, we were able to show growth. It was also the quarter where we had to take small amounts of price increases to deal with input costs. And it was very heartening that we’ve not seen a demand erosion due to the price increases we took. So we were able to not only sustain our margins through Q4, but also sustain and match consumer demand…
• Whirlpool of India quarterly profit declines 35% to Rs 84 cr
  26 May 2022,retail.economictimes.indiatimes.com
  Its revenue from operations was down by 4.07 per cent at Rs 1,706.91 crore during the quarter under review as against Rs 1,779.39 crore in the corresponding period of the previous fiscal…
• 76% of SMEs expect an increase in their workforce despite economic uncertainties: ASSOCHAM-Dun & Bradstreet survey

  26 May 2022,retail.economictimes.indiatimes.com
  The index, which measures the level of optimism of small and medium businesses on key business parameters such as sales, employment, prices, inventory and investment, stood at 87 in Q2 2022. An index value above 50 signals an improvement or increase in the forthcoming quarter compared to the same quarter in the previous year. All indicators suggest a likely expansion in economic growth during Q2 2022…

• D2C men’s innerwear brand Almo raises $2 million in funding led by Inflection Point Ventures
  26 May 2022,retail.economictimes.indiatimes.com
  ​Founded in June 2020 by Abhishek Shah, Muskaan Jain and Chhavi Bhardwaj, Almo sells an essential wear range spanning underwear, topwear, loungewear and winter wear. According to the company, the brand is aiming to cross Rs 100 crore revenue by the end of the current calendar year…
• Godrej consumer reworks business plan with a global view
  26 May 2022,retail.economictimes.indiatimes.com
  ​The strategy is a shift from the earlier structure where each country had separate category teams and it will help the maker of consumer brands such as Goodknight, Hit, Cinthol and Aer cut costs through collaboration and tapping into synergies. “The strategy will fire on twin engines of category development and blockbuster innovations to achieve double-digit volume growth,” he said…
• Country Delight raises funding from Temasek, Venturi Partners, valuation touches $615 million
  26 May 2022,retail.economictimes.indiatimes.com
  Country Delight will use the funding for geographical expansion, enter new product categories and deepening its existing product portfolio…
• Phoenix Mills to add 4.4 million sq ft to retail portfolio in 12-15 months
  26 May 2022,economictimes.indiatimes.com
  The Phoenix Mills, India’s largest retail-led mixed-use asset developer and operator, will be operationalizing four new large malls in key consumption centers of Pune, Bangalore, Ahmedabad and Indore over the next 12-15 months owing to a robust rebound in retail activity driven by pent-up demand and revenge shopping post the Covid19 pandemic…
• WEF meet: ‘Very fruitful’ for Karnataka, MoUs for Rs 52,000 cr investments signed
  26 May 2022,theprint.in
  Bengaluru, May 25 (PTI) The Karnataka government on Wednesday said the World Economic Forum Meet in Davos has proved to be “very fruitful”, as the team led by Chief Minister Basavaraj Bommai has inked pacts with two major companies for a total investment flow of Rs 52,000 crore…
• Malls back in action as fun community spaces
  26 May 2022,retail4growth.com
  Having severely borne the brunt of Covid related restrictions, shopping malls are now back in action with a vengeance with a whole range of activities; the latest being Oberoi and R City with their summer fests for families…
• Creating Holistic Brand Trends & Customer Experience
  26 May 2022,businessworld.in
  We speak to Ms. Pushpa Bector, Executive Director DLF Retail and Tarun Sharma, Co-Founder and CEO, mCaffeine…
• American Eagle Expands Retail Footprint With Franchisee Stores, Plans To Set Up 50 Stores In India By 3 Years
  26 May 2022,indiaeducationdiary.in
  Mumbai : American Eagle, America’s favorites jeans brand since 1977, launched its first franchise store in Jaipur, Rajasthan under the license from American Eagle Outfitters, Inc. (NYSE: AEO) to Aditya Birla Fashion and Retail Limited…
• Reliance Retail to take 7-Eleven stores to 100 cities
  26 May 2022,thehindubusinessline.com
  Reliance Retail, which has acquired the master franchisee of 7-Eleven convenience stores in India, will open 15 stores in Greater Mumbai by May-end and reach its target of 50 stores in the city over the next few months. It plans to open 7-Eleven stores across the top 100 cities over the next few years…
• Phoenix Mills’ net profit jumps 101%, income up 28% in FY22
  26 May 2022,realty.economictimes.indiatimes.com
  Operating profit for the quarter rose 39% to Rs 241 crore and Rs 734 crore for the financial year, up 49%…
• Aditya Birla Fashion to raise Rs 2,195 crore from GIC; sell 7.5% stake to the private equity firm
  25 May 2022,retail.economictimes.indiatimes.com
  ​GIC will invest Rs 770 crore now towards subscription of equity and warrants, followed by up to Rs 1,425 crore in one or more tranches within 18 months upon exercise of warrants. After this entire investment, GIC will own about 7.5 per cent equity stake in ABFRL, and Aditya Birla Group will hold about 51.9 per cent stake in the company…
• Dealshare appoints Venkatesh Tarakkad as new CFO
  25 May 2022,retail.economictimes.indiatimes.com
  At Dealshare, he will be in charge of the company’s finances and supply chain operations. Tarakadd’s previous stints include Ecom Express, EY, and Coca-Cola…
• For retailers getting their data strategy right is crucial, says Anuradha Tyagi of Salesforce
  25 May 2022,retail.economictimes.indiatimes.com
  At the ETRetailTech Summit 2022, Anuradha Tyagi, Director, retail and CPG industry advisory, Salesforce talks about the role of technology and data in building an omnichannel strategy and the top tech trends to dominate the Indian retail industry…
• Exports rises 21% to USD 23.7 bn during May 1-21
  25 May 2022,retail.economictimes.indiatimes.com
  The total figure for May is likely to be realised by the commerce ministry in June…
• SoftBank-backed logistics firm Delhivery valued at $4.9 billion in India debut
  25 May 2022,retail.economictimes.indiatimes.com
  Delhivery’s IPO, by nearly 30% to 52.35 billion rupees, was subscribed 1.63 times earlier this month at an offer price set at 487 rupees.The offering included fresh issue of shares worth up to 40 billion rupees and an offer for sale of shares worth 12.35 billion rupees…
• Dollar aims Rs 2000 crore topline, capex at Rs 120 crore by FY’25
  25 May 2022,retail.economictimes.indiatimes.com
  Unveiling its Vision 2025 and a logo on completing 50 years, the company said its fourth-quarter profit ended March 2022 rose 10 per cent to Rs 37 crore from total revenue of Rs 376 crore, a rise of 21 per cent over the corresponding period last year…
• Net profit of knitwear maker Rupa & Co declines in Q4 of FY22
  25 May 2022,retail.economictimes.indiatimes.com
  Revenues of the company during the fourth quarter of last fiscal increased marginally to Rs 455.5 crore as against Rs 454 crore in the similar previous corresponding period…
• TagZ Foods eyes Rs 1,000 crore sales; to expand manufacturing units, product portfolio
  25 May 2022,retail.economictimes.indiatimes.com
  During the year ended March 2022, TagZ Foods expanded sales eight times and turned cash profitable helped by increased portfolio and distribution. The Bengaluru-based firm, popular for its potato chips, has already launched variants within gourmet dips and premium bar snacks and will soon launch Hash cookies…
• Parle Agro to update infrastructure of fruit processing partners
  25 May 2022,retail.economictimes.indiatimes.com
  “Parle Agro has always sourced fruits from India while importing from China too to meet their apple juice content needs. But now, the company has completely stopped sourcing apple juice imports from China and are sourcing them entirely from India alone through its network of Indian farmers,” it said in a statement…
• 1K Kirana raises $25 million from Alpha Wave and others
  25 May 2022,retail.economictimes.indiatimes.com
  New Delhi: Technology start-up 1K Kirana has raised $25 million in its Series B round led by Alpha Wave Ventures, the company said on Monday. Info Edge Ventures, Kae Capital, prominent entrepreneurs like the founders of Zetwerk and GoMechanic have also invested in the funding round…
• Grasim Industries doubles capex to Rs 10,000 crore to set up paints business
  25 May 2022,retail.economictimes.indiatimes.com
  However, market dynamics of the decorative paints sector have changed with new capacities being announced backed by strong growth and outlook, it added…
• LG eyes leadership position with 32% share of Indian TV market
  25 May 2022,retail.economictimes.indiatimes.com
  “Our aspiration is to be the number one TV brand. We would have around 32 per cent market share when we exit 2022,” Hyun Kim said in an interview in New Delhi. The Indian TV market is estimated to be at $4.6 billion (around Rs 35,700 crore by value) and the South Korean firm had close to 27 per cent market share in 2021, he added…
• Covid subdued, retail majors go big on new store openings
  25 May 2022,economictimes.indiatimes.com
  Top listed retailers and quick-service restaurant chains opened over 3000 doors or about nine new stores every day on an average in FY22, doubling the expansion rate from a year ago to overcompensate for the delay in new outlets due to covid restrictions and cash in on lower rentals…
• How Taparia Tools expanding in India with a strong product line
  25 May 2022,thehansindia.com
  Taparia Tools Ltd (TTL) is a 53-year old manufacturer and exporter of precision make quality hand tools. The Mumbai-based company started manufacturing hand tools in technical collaboration with a Swedish company. Its senior management had gone to Sweden and took practical training in their plant for more than a year…
• Motilal Oswal PE invests nearly $11 mn in jewellery retailer Kushal’s
  25 May 2022,vccircle.com
  Homegrown private equity fund Motilal Oswal Private Equity (MOPE) has struck yet another consumer facing bet by committing Rs 85 crore ($11 million) in Bengaluru-based omni-channel fashion jewellery retailer Kushal’s Retail Pvt Ltd…
• Medkart expands retail footprint with four more stores
  25 May 2022,timesofindia.indiatimes.com
  AHMEDABAD: Omni-channel retail chain of generic medicines – Medkart – on Tuesday announced the launch of four new stores in Anand and Vallabh Vidhyanagar in Gujarat. The company is bullish on expanding its retail footprint after its recent fundraise worth Rs 40 crore in November last year…
• Gobillion’s group-buying business grows more than 6 times in six months

  25 May 2022,timesofindia.indiatimes.com
  NEW DELHI: Gobillion, a Y Combinator-backed startup, is a pioneering B2C social e-commerce platform for the next 400 million customers spread across tier 2 cities in India…

• Flipkart’s Shopsy head Prakash Sikaria set to quit
  24 May 2022,retail.economictimes.indiatimes.com
  ​Sikaria is currently the senior vice president for growth and monetization at Flipkart. Sikaria heads Flipkart’s growth charter and also led acquisitions such as Cleartrip for the group. He also built teams to start video commerce and also worked on the launch of Flipkart’s reward system Super Coin. He has worked with Flipkart for nearly eight years…
• Zomato Q4 Results: Net loss nearly triples to Rs 360 crore; revenue spikes 75%
  24 May 2022,retail.economictimes.indiatimes.com
  Revenue from operations came in at Rs 1,211.8 crore, up 75.01 per cent compared to Rs 692.4 crore in the same quarter last year…
• Lulu Group to invest Rs 2,000 crore in malls, hypermarkets in Karnataka
  24 May 2022,retail.economictimes.indiatimes.com
  Lulu is the largest retailer in the Middle East, and the group company Fair Exports, has rice, fruits, vegetables, spices, and other items in its export portfolio and has offices in Delhi, Maharashtra, Karnataka, Tamil Nadu, and Kerala…
• Marico to acquire 54% in health food brand True Elements
  24 May 2022,retail.economictimes.indiatimes.com
  True Element, a clean label, digital-first brand is in the healthy breakfast and snacks segment and clocked sales of Rs54 crore during FY22. Their portfolio includes western breakfast such as oats, quinoa, muesli, granola, flakes and Indian breakfast including poha, upma and dosa among others…
• We’re planning to expand across 100 cities by end of FY 2022-23: Karan Singla, India Business Head, Rebel Foods
  24 May 2022,retail.economictimes.indiatimes.com
  Karan Singla, VP and Head of operations, India Business, Rebel Foods shares his global expansion plans with ETRetail. The company already has its presence in 10 countries and aims to expand to 20 countries. Singla also shares the investment plans for the brand…
• Aditya Birla Fashion to sell minority stake to private equity firms
  24 May 2022,business-standard.com
  On Monday, the stock closed flat at Rs 273 a share, thus, giving a total market valuation of Rs 25,618 crore to the company…
• Suppliers in spot as ITC, Cargill cancel wheat buying contracts
  24 May 2022,retail.economictimes.indiatimes.com
  India imposed the ban after domestic wheat and flour prices surged and a heatwave was expected to affect crops…
• A silver lining for FMCG firms in H2 amid rising inflation
  24 May 2022,retail.economictimes.indiatimes.com
  Electronics makers, however, said there are no signs of inflation ebbing in their segment, and demand for entry-level products will remain under pressure over next few quarters…
• CAIT urge govt to take action against e-pharmacy companies, including Amazon, Flipkart, Reliance
  24 May 2022,retail.economictimes.indiatimes.com
  CAIT alleged that primarily Pharmeasy, Medlife, 1Mg, Netmeds (now owned by Reliance Group), Amazon (foreign company owned by Amazon) Flipkart (owned by foreign company Walmart) are conducting business practices in contravention of provisions of The Drug & Cosmetics Act, 1940 and misusing the e-commerce landscape by operating on rock bottom prices with 30 per cent-40 per cent discount and free shipping…
• ‘Reopen sesame’, chorus Kochi traders
  24 May 2022,newindianexpress.com
  With just a few days left for schools to reopen in Kerala, the school market is abuzz with activities, almost like a return to the pre-pandemic times…
• Delhi govt to install external defibrillators in public places
  24 May 2022,hindustantimes.com
  A senior official of the Delhi government’s health department said that the idea is to ensure basic cardiac life support to a patient in the case of a medical emergency before they are hospitalised…
• Transformation of Retail Landscape: Customer experience is the new reality
  24 May 2022,financialexpress.com
  The world of retail is changing dramatically, but malls can remain a center of attraction if they envision themselves as customer-facing providers of shoppable entertainment…
• India’s High Street Essentials raises ₹40 cr from Stride Ventures
  24 May 2022,fibre2fashion.com
  Indian fashion house High Street Essentials (HSE), the parent company behind womenswear brands, Faballey and Indya, has raised ₹40 crore from Stride Ventures. The fashion house has also announced Indya’s foray into the premium occasionwear category, with a new range, Indya Luxe. The luxe range comprises ensembles suitable for occasions and festivewear…
• American Eagle to open 50 stores in three years in India
  24 May 2022,livemint.com
  The company operates over 1,000 stores in the US, Canada, Mexico, China and Hong Kong, and ships to 82 countries worldwide. American Eagle Outfitters and Aerie merchandise are also available at more than 190 international locations operated by licensees in 24 countries…
• MSMEs as the Growth Driver of India’s Exports
  24 May 2022,thehindubusinessline.com
  In the wake of globalization, many things changed for Indian exports. A lot has changed from following the typical export procedures to carrying out the online processes smoothly…
• How Reliance is building its retail empire
  24 May 2022,thehansindia.com
  Well, Reliance has massive ambitions and it doesn’t want to wait around for people to recognize its private brands. It wants customers immediately. So for a cash-laden company like itself, the best thing to do is simply buyout other companies. You know, ones where others have already done the hard work of building a brand. And that’s what it has in mind…
• PE inflows in real estate down 62% at $1.18 billion in March quarter
  24 May 2022,thehansindia.com
  As per data, PE investments in office segment fell to $732 mn during January-March period from $2,148 mn in the year-ago period, while the inflows in residential segment fell to $73 mn from $234 mn…
• Vijay Shekhar Sharma reappointed MD & CEO of Paytm
  23 May 2022,retail.economictimes.indiatimes.com
  Paytm founder Vijay Shekhar Sharma has been re-appointed as the Managing Director & Chief Executive Officer of the fintech company, the company informed the exchanges on Saturday…
• Beverage companies fear losing ₹10 packs to plastic straw ban
  23 May 2022,retail.economictimes.indiatimes.com
  While the food industry has seamlessly moved to disposable wooden cutlery (mostly made using bamboo) by passing on the added cost to end-customers, beverage manufacturers are worried about the higher cost they may incur on the transition. The percentage increase in cost, according to Parle’s Chauhan, is approximately 122%…
• Surge in pent-up demand: Consumer, F&B companies see summer supplies drying up
  23 May 2022,retail.economictimes.indiatimes.com
  The scorching summer and rapid increase in dining out at restaurants and bars have led to beer sales delivering a month-on-month pick-up in demand, but various factors have choked supplies…
• I’m extremely bullish on Q-Commerce: Vinay Dhanani, COO, Zepto
  23 May 2022,retail.economictimes.indiatimes.com
  At the ETRetailTech Summit 2022, Vinay Dhanani, Chief Operating Officer, Zepto talks about the brand’s latest funding round, user growth witnessed, and expansion strategy for the year ahead…
• We look for growth in omnichannel: Rajesh Jain, MD and CEO, Lacoste-India
  23 May 2022,retail.economictimes.indiatimes.com
  Lacoste is upgrading its offline experience with bigger boutiques and also premiumising its products and the brand itself, Jain said. In case of online presence, he said that online is the future, so they plan to expand by partnering with some select third party marketplaces in this current year…
• Flipkart enters at-home appliance repair service, starts with ACs
  23 May 2022,retail.economictimes.indiatimes.com
  Flipkart’s home services business is likely to also include washing machine repairs and other similar offerings going forward, covering the product categories sold on the ecommerce platform, the people said…
• Ice cream prices rise up to 10%
  23 May 2022,retail.economictimes.indiatimes.com
  Pradeep G Pai, MD at Karnataka-headquartered Hangyo Ice Creams, said most companies have increased prices by 5-10% due to rising input costs…
• Margin pressure continues to worry Godrej Consumer Products
  23 May 2022,livemint.com
  Godrej Consumer Products Ltd’s (GCPL) results for the March quarter (Q4FY22) have been rather subdued. International business performance was a sore point. Indonesia Ebitda margin contracted sharply year-on-year (y-o-y) because of higher commodity inflation, adverse mix, and a high base…
• Zomato Q4 results: what to look at in food-delivery firm’s numbers tomorrow
  23 May 2022,business-standard.com
  Zomato loss had narrowed substantially to Rs 63 crore for the third quarter ended December (Q3FY22) from a loss of Rs 352 crore in the year-ago period…
• Micro Plastics to invest Rs 500 cr in Tamil Nadu toy plant
  23 May 2022,retail.economictimes.indiatimes.com
  “It is a great opportunity for the country to become one of the biggest manufacturing hubs in Asia,” said Vijendra Babu N, managing director, Micro Plastics India. “With this investment in Hosur, we will be able to provide employment to thousands of people in this micro-market. We will witness a growth of 300% in the coming 3-4 years.”…
• UK company Dyson to expand operations in India after strong growth
  23 May 2022,retail.economictimes.indiatimes.com
  The company, which has invested over 100 million pounds in India since it started business around four years ago, plans to expand its retail footprint, both offline and online, while bringing newer products in line with their global launch…
• Cooling items in hot demand; refrigerator, AC sales jump: Croma report
  23 May 2022,retail.economictimes.indiatimes.com
  As per Croma’s ‘Unboxed Summer 2022’ report, sales of refrigerators have shot up more than 100 per cent over 2021, while those of air conditioners (ACs) jumped by three times…
• Prestige Group to invest Rs 7,500 crore to develop 16 million sq ft in Mumbai
  23 May 2022,realty.economictimes.indiatimes.com
  “With the state recording the highest GST collections in India and contributing to 15% of GST of the overall Indian economy, Mumbai has established itself as the leading commercial hub in India. We look forward to establishing our presence in the western region through Mumbai,” Irfan Razack, CMD, Prestige Group, told ET…
• Transformation of Retail Landscape: Customer experience is the new reality
  23 May 2022,financialexpress.com
  The world of retail is changing dramatically, but malls can remain a center of attraction if they envision themselves as customer-facing providers of shoppable entertainment…
• Amazon is testing drivers to deliver from local malls
  23 May 2022,thehansindia.com
  Amazon is testing a program in which its contracted Flex drivers pick up and deliver packages from malls, Bloomberg first reported. The program, which Bloomberg says Amazon has been running since last year, could help Amazon fulfill orders for same-day or two-day delivery…
• Why is the Indian market a hard nut to crack for foreign retailers?
  23 May 2022,business-standard.com

  Metro AG decided to exit India after 19 years. Is Indian market a hard nut to crack for international retail giants? Or India’s business model is tilted in favour of local firms? Let us understand…

• General Atlantic plans $2 billion investment in India, Southeast Asia over the next 2 years
  23 May 2022,hindustantimes.com
  General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer, Sandeep Naik, the head of its business in India and Southeast Asia, said in an interview…
• Interactive experiences will be key to all-new Madame Tussauds India: Anshul Jain
  23 May 2022,freepressjournal.in
  Anshul Jain, General Manager, Merlin Entertainments India Pvt Ltd, that manages the Madame Tussauds franchise, talks about the re-opening of Madame Tussauds India at DLF Mall, Noida in June…
• French clothing line making Otaku’s dreams come true
  23 May 2022,theshillongtimes.com
  If you have a strong or obsessive interest in anime or manga, you are an Otaku. Celio, a French men’s clothing line, has made it possible for Otakus to wear their favourite Naruto character with their latest collection…
• Make better business decisions
  23 May 2022,voguebusiness.com
  This month’s release of Atlas of Affluence, the first of what will be an annual review of the luxury sector in India, backed by conglomerate Reliance Brands Limited, highlights the surging interest in the market and identifies post-lockdown opportunities…
• Consumer Durables shares gain
  23 May 2022,business-standard.com
  Consumer Durables stocks were trading in the positive zone, with the S&P BSE Consumer Durables index rising 512.69 points or 1.39% at 37494.18 at 09:47 IST…
• Rajesh Exports readies investment for EV entry, in talks with states for display fab
  23 May 2022,economictimes.indiatimes.com
  Chennai: Jewellery exporter Rajesh Exports NSE -1.30 % plans to make its entry into new technology segments like battery cells for electric vehicles and semiconductor display fabs through large, multi-year investments in Karnataka and other states…
• Wedding bells ring in high sales of clothes, jewellery, cars
  23 May 2022,timesofindia.indiatimes.com
  Chennai: Last week, Taj Coromandel hosted ‘The Luxury Affair’, a wedding expo by Razzmatazz group offering everything from designer clothes, jewellery, top-end cosmetics and luxury cars for Chennai bridezillas looking for ways to make their ‘I do’ day perfect. The footfalls showed that Tamil Nadu’s summer wedding economy is booming…
• Ruchi Soya to change name to Patanjali Foods, acquire its food retail business
  19 May 2022,retail.economictimes.indiatimes.com
  The change in the name, however, is subject to approval of members, the Ministry of Corporate Affairs and other regulatory authorities…
• ITC Q4 profit rises 11.8% YoY to Rs 4,191 crore; revenue grows 16%
  19 May 2022,retail.economictimes.indiatimes.com
  The results, announced after market hours, exceeded street expectations for both revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA). In fact, the ITC scrip gained 0.72% to close at Rs 266.5 on the Bombay Stock Exchange on Wednesday, when the Sensex closed at a decline of 0.2%…
• Amazon launches Smart Commerce, plans to transform local stores into digital dukaans
  19 May 2022,retail.economictimes.indiatimes.com
  With Smart Commerce, stores can now digitize their offline operations, provide enhanced in-store shopping experience to their walk-in customers, and create their own online storefronts to serve customers directly…
• ABFRL posts Rs 31.90 cr profit for Jan-Mar, sales up 25.3%
  19 May 2022,retail.economictimes.indiatimes.com
  A rapid revival in demand across categories led to a robust quarterly performance despite the impact of the third wave of the pandemic. The investments in e-commerce and omnichannel expansion have shown results with rising consumer affinity for our brands,” said an earning statement from ABFRL…
• Alibaba, Antfin sell entire 43% stake in Paytm Mall for Rs 42 crore
  19 May 2022,retail.economictimes.indiatimes.com
  Chinese company Alibaba and its affiliate Antfin has sold their entire stake in Paytm Mall for Rs 42 crore, according to a regulatory filing. The exit transaction values Paytm Mall at around Rs 103 crore…
• Brisk retail sales, higher store demand push mall rents up
  19 May 2022,livemint.com
  NEW DELHI : Top malls are demanding tenants pay rents that are 10-15% higher than pre-covid levels as shoppers return and retailers get back to expansion mode, reversing the discounts that many landlords offered struggling retailers to help them survive the pandemic…
• Pandemic gave a lot of capability boost for building efficient supply chains, say D2C brands at Supply Chain Digital Dialogue
  19 May 2022,retail.economictimes.indiatimes.com
  Talking about how the pandemic helped the D2C industry, Girish Kulkarni, SCM head at vegan beauty brand Plum said, “In hindsight, the pandemic was a rollercoaster ride for all of us. However, it also gave us a lot of capability boost by increasing our daily order processing capability by around six times.”…
• Arvind Ltd Q4 profit up 64% at Rs 88 crore
  19 May 2022,retail.economictimes.indiatimes.com
  “Margins continued to be under pressure as cotton prices continued to soar, and other input costs also remained high. While price increases helped offset the cost increases, margin numbers looked lower compared to previous periods,” it said…
• D2C activewear brand BlissClub raises $15 million in funding led by Eight Roads, Elevation Capital
  19 May 2022,retail.economictimes.indiatimes.com
  BlissClub founder and CEO, Minu Margeret said the firm is on track to hit the Rs 100 crore of annual revenue run-rate…
• Westlife Development posts profit at Rs 15 crore; sales up 26.5%
  19 May 2022,retail.economictimes.indiatimes.com
  Its sales were up 26.50 per cent to Rs 443.90 crore during the period under review as against Rs 350.89 crore in the corresponding quarter last fiscal…
• Tata Consumer appoints Monica Jain as senior VP and GM for US business
  19 May 2022,livemint.com
  NEW DELHI: Packaged consumer products company Tata Consumer Products Ltd. (TCPL), on Wednesday announced the appointment of Monica Jain as senior vice president and GM of the company’s US business…
• D2C beauty brand Wow Skin Science raises fresh funding from Singapore’s GIC
  19 May 2022,retail.economictimes.indiatimes.com
  Wow plans to invest new funds in brand development, talent resourcing, and to accelerate its innovation pipeline through a combination of organic launches and selective inorganic investments…
• How RENEE is Using AR to Engage the Consumers
  19 May 2022,indianretailer.com
  In a market dominated by major players, RENEE Cosmetics totally changes the norms and establishes itself in a new normal…
• Retail inflation to average at 9-year high of 6.9% in FY23: Ind-Ra
  19 May 2022,livemint.com
  NEW DELHI: India’s retail inflation is estimated to average at a nine-year of high of 6.9% in the current financial year ending March 2023, India Ratings and Research (Ind-Ra) said on Wednesday, signalling more pain for households in the coming months. The rating agency said it inflation based on consumer price index to continue rising till September…
• Leading women’s fashion brand ‘W’ unveils its new avatar; launches its largest experiential store in Bengaluru
  19 May 2022,aninews.in
  New Delhi [India] May 18 (ANI/NewsVoir): India’s leading women’s fashion brand – W, opened its largest experiential store in the heart of Bengaluru, Indira Nagar…
• EXCLUSIVE INTERVIEW WITH ROHIT KHETAN, HEAD OF MARKETING AND STRATEGY AT GINESYS
  19 May 2022,analyticsinsight.net
  In addition to selling products in brick-and-mortar stores, many storefronts are now offering buy online pick up in-store (BOPIS) services, same-day delivery, and online shipping. Ginesys is a fast-growing complete retail tech company working with around 1200+ customers and 30,000+ users with a wide reach across India. Analytics Insight has engaged in an exclusive interview with Rohit Khetan, Head of Marketing and Strategy at Ginesys…
• [Funding roundup] O’2 Nails India, FlexC, Speedlabs raise early-stage deals
  19 May 2022,yourstory.com
  O’2 Nails India raises second funding from Atal Incubation Center – BIMTECH…
• Unicorn Zetwerk’s arm launches manufacturing facility for hearables, wearables, IoT devices in Noida
  19 May 2022,yourstory.com
  Spread out over an area of 50,000 sq.ft, the factory comprises 16 manufacturing lines with advanced testers and an innovation lab for product development…
• Sole Mate? These Expandable Shoes Grow With Your Child’s Feet
  19 May 2022,news18.com
  The British brand is currently working on an expandable shoe system that grows with your child. The project, which has just received a £250,000 boost, aims to reduce the waste inherent in children’s fashion…
• Brookfield India REIT’s net profit registers 63.61% growth in Q4 FY22
  19 May 2022,realty.economictimes.indiatimes.com/
  The company’s total consolidated income stood at Rs 2,613.91 millions in Q4 FY22, a growth of 92 per cent from Rs 1,361.07 millions it recorded in the similar quarter last year…
• Bajaj Electricals’ net profit down 29% at Rs 39 crore in Q4 FY22
  19 May 2022,realty.economictimes.indiatimes.com/
  However, total revenue from operations was up 6.02 per cent at Rs 1,334.32 crore during the quarter under review as against Rs 1,258.47 crore in the year-ago period…
• Tata in acquisition talks with as many as five consumer brands
  18 May 2022,retail.economictimes.indiatimes.com
  The conglomerate will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani’s Reliance Industries Ltd., which plans to acquire up to 60 small grocery and household consumer goods brands within six months, according to Reuters…
• India’s WPI inflation at 17-year high threatens small businesses
  18 May 2022,retail.economictimes.indiatimes.com
  Annual wholesale price inflation, a proxy for producers’ prices, climbed to 15.08% in April, remaining in double-digits for the 13th month in a row, and higher than 14.48% forecast in a Reuters poll of analysts…
• FMCG sales may fall as buyers go frugal, buy smaller packs
  18 May 2022,retail.economictimes.indiatimes.com
  Biscuits maker Britannia managing director Varun Berry said in a March-quarter post earnings call: “The ₹5 and ₹10 price points are approximately 50-55% of our total mix, so it’s fairly large in a country where you have a lot of bottom of the pyramid consumers. We will have to nurture that business.”…
• Coca-Cola India set to extend Limca to the hydrating sports drink category
  18 May 2022,livemint.com
  NEW DELHI : Coca-Cola India is extending brand Limca into the hydrating sports drinks category, in a first for the lemon-flavoured beverage, according to people familiar with the company’s plans…
• Bajaj Electricals Q4 results: Profit down 29% at Rs 39 crore
  18 May 2022,retail.economictimes.indiatimes.com
  The company had posted a net profit of Rs 54.26 crore for March quarter of the previous fiscal year, Bajaj Electricals said in a regulatory filing…
• Luxury watch player Ethos garners Rs 142 cr from anchor investors ahead of IPO
  18 May 2022,retail.economictimes.indiatimes.com
  The company has decided to allocate 16,13,725 equity shares to anchor investors at Rs 878 apiece, aggregating the transaction size to Rs 141.68 crore, according to a circular uploaded on BSE website…
• Indian economy likely to grow 12-13% in Q1: ICRA
  18 May 2022,retail.economictimes.indiatimes.com
  “Our business activity monitor for April at 115.7 indicates that activity was roughly 16 per cent higher than the year ago (period) and pre-COVID levels in spite of the global headwinds,” Icra Chief Economist Aditi Nayar told PTI…
• April wholesale inflation surges to 15.08%, up from 14.55% in March
  18 May 2022,retail.economictimes.indiatimes.com
  Analysts had forecast WPI for April to stand at around 15.5%. WPI in April 2021 was at 10.74%. With the latest reading, WPI inflation has been in double-digit territory for the 13 straight month…
• Nearly a third of retail stores are opting for IoT solutions: 91 Squarefeet
  18 May 2022,retail.economictimes.indiatimes.com
  “We are also seeing a rising trend around the adoption of electronics and IOTs such as commercial digital panels, proximity and lighting sensors around the entrance, automatic start/stop timer in power circuits, beacon sensors among other things,” said Amit Bansal, co-founder at 91 Squarefeet that has worked on 550 stores…
• Inflation has jeopardized a global economic recovery
  18 May 2022,livemint.com
  Just as an uptick in demand had started to fuel a global growth recovery, there seems to be a counter current by way of increased prices due to supply shocks…
• Pandemic gave a lot of capability boost for building efficient supply chains, say D2C brands at Supply Chain Digital Dialogue
  18 May 2022,retail.economictimes.indiatimes.com
  Pandemic gave a lot of capability boost for building efficient supply chains, say D2C brands at Supply Chain Digital Dialogue…
• Relaxo Footwears has a rocky road to climb
  18 May 2022,livemint.com
  Relaxo Footwears Ltd is walking a tightrope. Results for the three months ended March (Q4FY22) show costs pressures have deeply hurt profitability…
• D2C jewellery brand Melorra raises $16 million in funding
  18 May 2022,retail.economictimes.indiatimes.com
  The company said it will use the funds to strengthen brand marketing activities and to roll out more offline stores across the country…
• Manakamna Group launches Home Square: A one-stop mall for all interior solutions need
  18 May 2022,aninews.in
  New Delhi [India], May 17 (ANI/SRV): Home Square, a one-stop-destination mall for all interior solutions, has been launched in Siliguri. A brainchild of Manakamna Group, the shopping mall will bring together diverse interior decorating and furnishing segments under one roof to give the people of Siliguri ease of access to all their decor necessities…
• Dubai’s Emaar Properties records 241% increase in net profit for Q1 2022
  18 May 2022,gulfbusiness.com
  Emaar Properties’ revenue for the first quarter of the year increased by 12 per cent to total $1.806bn…
• Prestige Group bullish on Mumbai as its next key market with the launch of multiple projects
  18 May 2022,financialexpress.com
  After achieving a record pre-sales collection of more than Rs 10,000 crore in the financial year ended March 31, 2022, the Prestige Group – one of the leading real estate developers in the country – is establishing its presence in Mumbai with the launch of multiple commercial and residential projects in BKC, Mahalaxmi, Yogi Hills (Mulund) and Bandra…
• Walmart buys way into India wealth management to take on Amazon
  18 May 2022,livemint.com
  Walmart Inc.’s Indian payments unit PhonePe will acquire two wealth management firms for a total enterprise value of $75 million bringing the retail giant head-to-head with Amazon.com Inc. in the country’s rapidly-expanding money management segment…
• Can REITs become a viable alternative for real estate investments?
  18 May 2022,financialexpress.com
  In India, there are presently 3 registered REITs, namely Embassy, Brookfield, and Mindspace. Despite muted economic sentiments during the past two years, REITs have emerged as a new asset class in India…
• What does the future for architecture and architects look like
  18 May 2022,timesofindia.indiatimes.com
  The architectural process, like the profession of architects, has changed dramatically. We believe that by eliminating many of the rules, protocols, and hierarchies that slow down the sharing of ideas, this online environment will assist to make partnerships more tangible and direct…
• Tata Wants To Dominate Metaverse! All Tata Companies Will Deploy Metaverse Solutions: But How?
  18 May 2022,trak.in
  According to a senior executive, India’s most valuable company and also the nation’s largest software services firm by revenue is engaging with other engaging with Tata group companies like Tanishq, Tata Motors and Croma to deploy metaverse solutions…
• Decoding Marketing 3.0: The wonderland of Metaverse
  18 May 2022,trak.in

  Guest Column: Amit Tiwari, TCS Global Head-Marketing Demand Center, explores if the marketers and consumers are ready for the new digital universe…

• From top to bottom, Reliance Retail plans big beauty & cosmetics foray
  17 May 2022,retail.economictimes.indiatimes.com
  The retail venture of Reliance Industries plans to open two formats of beauty and cosmetics outlets to tap the market: a multi-brand store that is modelled on LVMH’s Sephora and a chain of value products targeting the mass market, they said…
• Honasa Consumer acquires majority stake in skincare brand Dr. Sheth’s
  17 May 2022,retail.economictimes.indiatimes.com
  “While HCPL has control of the majority stake in Dr Sheth’s, Dr Aneesh Sheth will continue to lead the business and product innovation for the brand,” it said in a statement…
• Raymond Q4 net profit up over 4 folds at Rs 264.97 cr, income up 43.38% to Rs 1,958.10 cr
  17 May 2022,retail.economictimes.indiatimes.com
  Its revenue from operations was up 43.38 per cent to Rs 1,958.10 crore during the quarter under review as against Rs 1,365.66 crore in the corresponding period of the previous fiscal…
• Lenskart’s subsidiary Neso Brands raises over $100 million
  17 May 2022,retail.economictimes.indiatimes.com
  Singapore-based Neso Brands said it would partner with and invest in consumer eyewear brands globally and grow them by leveraging synergies across the Lenskart Group…
• Emami expects gross margin pressure of 200 bps in Q1 of FY23: CEO
  17 May 2022,retail.economictimes.indiatimes.com
  We have taken judicious price hikes of ~4.5% and may take further hikes in case the need arises. In Q4FY22 our gross margins at 62.4% contracted by just 30 bps on account of judicious price hikes and strategic procurements and other cost optimisation initiatives…The quarter saw continued unprecedented levels of inflation which hurt consumer wallets across rural and urban areas and this has impacted volumes…
• Temasek hikes stake in ecommerce companies Amazon, Pinduoduo
  17 May 2022,retail.economictimes.indiatimes.com
  Temasek, among the biggest investors in the world with major investments in Singapore Airlines, DBS Group and others, first disclosed a stake in Amazon in 2017 and in Pinduduo in 2020…
• Multiplexes’ ticket price hike may hit small budget films
  17 May 2022,livemint.com
  NEW DELHI : With multiplex chains across India raising ticket, and food and beverage (F&B) prices, by at least 20% post-covid, small budget films may suffer as the move may keep audiences recovering from economic stress away from the theatres…
• India’s wearables market grows a record 20% in Q1
  17 May 2022,retail.economictimes.indiatimes.com

  The outlook for 2022 remains strong as wearables will try to attract users in Tier 2 and Tier 3 cities…

• Indian tablet market grows 68% in March 2022 quarter; Lenovo leads
  17 May 2022,retail.economictimes.indiatimes.com
  The 4G tablets recorded 74 per cent year-on-year growth during the reported quarter…
• Paytm Mall Announces Pivot to ONDC as its Primary Focus, Plans to Explore Export Opportunities
  17 May 2022,indianretailer.com
  Paytm E-commerce Private Limited (PEPL), the parent entity of Paytm Mall, announced that it will pivot to Open Network for Digital Commerce (ONDC) as its primary focus and explore opportunities in export business in place of traditional physical goods e-commerce…
• Mumbai’s oldest retail chain Apna Bazar enters its 75th year
  17 May 2022,indianretailer.com
  MUMBAI: A David among Goliaths, the city’s oldest surviving retail chain, Apna Bazar, launched its 75th anniversary celebration last week. Loyal employees proudly led a grand ‘Amrit Mahotsav’ procession in the vicinity of its Dadar Naigaum headquarters…
• Byju’s eyes multi-billion-dollar deals, may acquire Chegg; banks raise fintech concerns with RBI
  17 May 2022,economictimes.indiatimes.com
  Byju’s, which has spent the bulk of its recent funding on new acquisitions in India and around the world, isn’t looking to slow down its shopping spree anytime soon, despite the downturn in global markets…
• How Young Shoppers, Online Investments to Help Big Bazaar Retain Position as Leading GroceryPlayer
  17 May 2022,indianretailer.com
  Further, Big Bazaar’s mass-market positioning allows it to be affordable for consumers of all income groups, but the retailer has its highest proportion (27.1 percent) of shoppers from household incomes above Rs. 750,000 ($10,000)…
• EESL prepares for big push into retail space
  17 May 2022,livemint.com
  NEW DELHI : State-run Energy Efficiency Services Ltd (EESL) plans to increase its presence in the business-to-consumer (B2C) retail space through offline and online channels, with products such as smart bulbs, inverter bulbs, energy efficient ACs, fans and induction cooking stoves with an initial investment of around ₹30 crore, the company’s sales head Animesh Mishra said…
• RIL to go big on investments in solar, 5G & retail
  17 May 2022,fortuneindia.com
  Reliance Industries invested ₹99,472 crore and ₹79,667 crore in FY22 and FY21, respectively, for expanding telecom and retail businesses, besides acquisitions…
• Our 35-year-old journey through the history of Indian Electronics
  17 May 2022,pcquest.com
  Till the 1970s India was still far behind in the technology game. Telephones and telegraph were the main modes of communication and were primarily owned by the Government. The 80s brought with it a new wave of technology with several advancements in electronic engineering. And luckily, India had begun to ride that wave as soon as it had begun…
• Wunderman Thompson Mumbai appoints Anurag Tandon as managing partner
  17 May 2022,livemint.com
  Wunderman Thompson India has appointed Anurag Tandon as its managing partner to lead its Mumbai operations with immediate effect…
• Why Deepika as Louis Vuitton’s ambassador is a win-win for both?
  17 May 2022,exchange4media.com
  This association will help Padukone grow in terms of her brand value and international popularity and the French luxury brand will get a lot of attention in the Indian market, say experts…
• Arvind Mediratta: The Brain Behind METRO’s Meteoric Rise In India
  17 May 2022,outlookindia.com
  Weeks of brainstorming session with his team impressed on Mediratta that a two-pronged strategy was required. Firstly, radical changes had to be introduced on the operational front. Secondly, a new ethos of ‘People First’ strategy had to be adopted intertwined with the company’s ‘Purpose’…
• India’s Reliance to acquire dozens of brands in $6.5 billion consumer goods play
  16 May 2022,retail.economictimes.indiatimes.com
  Reliance, run by Indian billionaire Mukesh Ambani, plans to build a portfolio of 50 to 60 grocery, household and personal care brands within six months and is hiring an army of distributors to take them to mom-and-pop stores and bigger retail outlets across the nation, the sources added…
• Amazon says created over 11.6 lakh jobs in India to date
  16 May 2022,retail.economictimes.indiatimes.com
  “We have cumulatively created over 11.6 lakh jobs, enabled nearly $5 billion in exports and digitised over 40 lakh MSMEs in India,” said Manish Tiwary, Country Manager, India Consumer Business Amazon India…
• Reliance to build separate online marketplace for third-party sellers
  16 May 2022,retail.economictimes.indiatimes.com
  Reliance’s move is to prepare itself for the government’s proposed ecommerce policy, which is likely to prohibit marketplace operators from having their related parties or associated enterprises as sellers on their platforms. The Tatas and a few others are reportedly opposed to such a condition, but Reliance is said to be in favour of it and wants to support independent sellers through a separate platform, the executives said…
• Inditex Trent, that runs Zara in India expands 61% during FY22
  16 May 2022,retail.economictimes.indiatimes.com
  Inditex Trent, its joint venture with Tata that runs 21 of Zara stores in India, saw revenue expand to Rs1815 crore last fiscal, according to Trent’s annual report. A year ago, it had a net loss of Rs 41 crore on net sales of Rs 1,126 crore. “The incremental store openings for Zara continue to be calibrated with focus on presence only in very high-quality retail spaces,” said the annual report…
• Avenue Supermarts Q4 profit rises 3% YoY to Rs 427 crore; revenue jumps 19%
  16 May 2022,retail.economictimes.indiatimes.com
  ​The consolidated revenue for the food & grocery retailer rose 18.53 per cent YoY to Rs 8,786 crore in the March quarter compared with Rs 7,412 crore in the corresponding quarter last year…
• Future Retail’s Chief Financial Officer C P Toshniwal resigns
  16 May 2022,retail.economictimes.indiatimes.com
  Toshniwal’s resignation is the recent addition to the string of resignations that started after the Rs 24,713-crore deal was called off last month by the billionaire Mukesh Ambani-led Reliance Industries after creditors voted against it…
• Amazon India CFO Raghava Rao gets additional charge of emerging markets
  16 May 2022,retail.economictimes.indiatimes.com
  RaghavaRao’s elevation comes soon after India country head Amit Agarwal was given additional charge of emerging markets…
• Ironhill aims Rs 200 crore revenue this fiscal; Plans annual price hike soon
  16 May 2022,retail.economictimes.indiatimes.com
  Sharing about the annual price hike for its products, Chekuri said that they might have to do it sooner this year, as the cost of raw material has gone up by almost 30 percent. While they do absorb some of the costs, a part of this gets passed on to the customer…
• Apple to launch cheaper Apple TV to compete with Amazon Fire TV Stick, says report
  16 May 2022,financialexpress.com
  These devices bring services from Disney Plus, Netflix, Hulu, Amazon Prime Video, YouTube, Apple TV Plus, Spotify and more to the biggest screen.
  ..
• Paytm Mall announces pivot to ONDC as its primary focus; to explore export opportunities
  16 May 2022,economictimes.indiatimes.com
  Paytm PayTM 560.9017.75 (3.27%) TOP INSIGHT Board Meeting on 20 May, 2022 Meeting Agenda: Audited Results. Please add to watchlist to track closely…. See More E-commerce Private Limited (PEPL), the parent entity of Paytm Mall, on Sunday announced that it will pivot to Open Network for Digital Commerce (ONDC) as its primary focus and explore opportunities in exports business in place of traditional physical goods e-commerce.
  ..
• Adani Updates: Adani group wins race to acquire Holcim India assets for $10.5 billion
  16 May 2022,economictimes.indiatimes.com
  Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim’s stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers…
• Scarcity of trained staff, high attrition hindering Goa’s retail sector: GCCI
  16 May 2022,timesofindia.indiatimes.com
  Panaji: Goa’s retail sector is struggling due to a severe shortage of skilled manpower and with the high attrition rate, Goa’s retail outlets are forced to hire staff from other states, said Goa Chamber of Commerce and Industry (GCCI). It has also said that the lack of a clear roadmap and policy backing has stymied the growth of the sector in the state…
• Dunzo, PhonePe among 24 e-commerce firms joining India’s open network
  16 May 2022,business-standard.com
  Real-time transactions in retail and food delivery have started in Delhi, Bengaluru, Shillong…
• TCS engages Tata group companies to deploy metaverse solutions
  16 May 2022,economictimes.indiatimes.com
  Mumbai: Tata Consultancy Services NSE 0.15 % (TCS NSE 0.15 %), India’s largest software services firm by revenue, is engaging with Tata group companies like Tanishq, Tata Motors Tata Motors 402.30-2.00 (-0.49%) TOP INSIGHT Target zero debt – Some more action required The company plans to have zero debt by 2024. This would entail, reducing capex and selling some of t… See More NSE -0.51 % and Croma to deploy metaverse solutions, a senior executive told ET…
• Runwal Group buys over 20-acre land parcel in Thane for Rs 471 crore
  16 May 2022,economictimes.indiatimes.com
  Real estate developer Runwal Group has acquired an over 20-acre land parcel in Thane near Mumbai from a chemical company PB Global for around Rs 471 crore, said persons with direct knowledge of the development…
• Ashni Biyani resigns as MD of Future Consumer
  14 May 2022,retail.economictimes.indiatimes.com
  Ms Ashni Biyani has informed the company that she has resigned … due to her personal constraints and challenges due to which she is unable to dedicate necessary time and attention on the affairs of the company,” the company said…
• Emami posts Jan-Mar consolidated net profit of Rs 354 cr on hefty MAT credit
  14 May 2022,retail.economictimes.indiatimes.com
  “The FMCG industry was affected with muted volumes in Q4 against the backdrop of rising inflation levels, further fueled by geo-political factors, which impacted the overall consumption sentiment across rural and urban markets,” Emami said in a release to the bourses…
• Inox forays into merchandise retail, launches collection in partnership with Macmerise
  14 May 2022,retail.economictimes.indiatimes.com
  Inox will sell official and licensed merchandise products of movies, sports, and its own brand across categories such as mobile and electronic accessories, fashion apparel, games, stationeries, consumer electronics, and home and kitchen…
• Titan eyes 2.5 times growth in jewellery business in next 5 years
  14 May 2022,retail.economictimes.indiatimes.com
  According to the company, there is a “huge headroom in a geographically fragmented market”, as it has only 6 per cent market share of the Rs 4 lakh-crore market…
• Exports up 30.7% to $40.19 billion in Apr; trade deficit widens to $20.11 billion
  14 May 2022,retail.economictimes.indiatimes.com
  India’s merchandise exports surged 30.7 per cent to $40.19 billion in April on account of healthy performance by sectors like petroleum products, electronic goods and chemicals, even as trade deficit widened to $20.11 billion during the month, the commerce ministry said on Friday…
• Consumer inflation at 8-year high of 7.79% may ‘trigger’ quicker rate hikes

  14 May 2022,business-standard.com
  Given the tone of urgency in RBI’s statement to support the altered inflation-growth dynamics, “we now revise our call and expect the RBI to hike repo rate by an additional 60 bps in the rest of FY23″…

• European apparel brands reduce garment offtake from Tirupur, Noida
  14 May 2022,business-standard.com
  As all the big global brands have closed shutters in Russia, the order flow from Europe has dwindled. Tirupur exporters fear that in FY23 exports may come down by 20%-25% if this trend continues. The garment hub annually exports Rs 35,000 crore worth of goods…
• Spices maker Rakesh group net profit up 16% in FY22 at Rs 39 cr; revenue up 19% to Rs 510 cr
  14 May 2022,retail.economictimes.indiatimes.com
  “From Rs 40 crore in 2012 to more than Rs 500 crore sales, Rakesh Group has not only come a long way but has always been ahead of its industry growth rate,” Vivek Pathak, Chief Executive Officer, Rakesh Group said…
• B2B platform ApnaKlub raises $10 million funding led by Tiger Global
  14 May 2022,retail.economictimes.indiatimes.com
  The startup plans to use the funds for its foray into the credit and supply-chain financing segment and will cater to kiranas and wholesale partners. It will also use the funds to increase the number of merchant partners on its platform and enter new markets such as north India…
• Vivo readying to take on Apple and Samsung in India’s premium smartphone market
  14 May 2022,retail.economictimes.indiatimes.com
  The company, which is co-creating its premium phones with Zeiss, claimed to have grown 300% in the Rs 30,000 and above price segment in the past 12 months in the offline channel and expect the same growth trajectory even this year…
• State-of-the-art river terminal with shopping centres, restaurants to come up in Guwahati: Sarma
  14 May 2022,theprint.in
  Guwahati, May 13 (PTI) Assam Chief Minister Himanta Biswa Sarma on Friday said that his government has initiated the process of creating a state-of-the-art river terminal on the mighty Brahmaputra here, equipped with shopping centres, restaurants and parking facilities…
• Traditional Swiss company Victorinox opens its first brand store in India
  14 May 2022,lifestyleasia.com
  Victorinox opened a new brand store at the Palladium Mall, High Street Phoenix in the cosmopolitan city of Mumbai. The entire Victorinox product world can be experienced at the popular luxury shopping mall. Putting on display their from the well-known Swiss Army Knives, kitchen knives, watches, travel gear, and perfumes, the Victorinox store offers a wide range of sustainable and premium products for their customer base…
• Emaar Properties’ Q1 profit surges threefold on property sales growth
  14 May 2022,thenationalnews.com
  Dubai’s biggest listed developer Emaar Properties reported more than a threefold increase in first-quarter net profit on higher sales revenue, as UAE’s property market continues to rebound from the coronavirus pandemic…
• Shrinkflation hits India’s snacks as firms struggle with costs
  14 May 2022,economictimes.indiatimes.com
  As India’s inflation surges, the cheap single-serving packets of staples like soap and cookies aren’t budging in price — they’re just getting lighter…
• Titan eyes 2.5 times growth in jewellery business in next 5 years
  14 May 2022,retail.economictimes.indiatimes.com
  According to the company, there is a “huge headroom in a geographically fragmented market”, as it has only 6 per cent market share of the Rs 4 lakh-crore market…
• Singapore’s Zilingo debtholders recall loan, company appoints financial adviser
  14 May 2022,retail.economictimes.indiatimes.com
  Backed by investors including Sequoia Capital India and Singapore state investor Temasek, the seven-year-old Zilingo announced in April a probe into what it described as “matters”, and which sources have said refers to the company’s accounts…
• This week’s fashion retail people moves: Marks & Spencer, Atterley, Gant
  14 May 2022,drapersonline.com
  James Munson has been promoted to international director of Marks & Spencer, with a focus on driving growth in the key market of India through owned, joint ventures and franchise partnerships…
• Synechron expands its presence in India
  14 May 2022,expresscomputer.in
  Synechron Holdings announced the unveiling of their new office in Pune, India. This is their 8th office in the country and 3rd in the city of Pune after setting up offices across Bengaluru, Mumbai, Chennai, and Hyderabad. This new, ultramodern facility is located at the EON IT Park, one of the largest financial hubs in India…
• Coming soon: A new cinema near you, courtesy a multiplex screen drive
  14 May 2022,moneycontrol.com
  Films are expected to get a wider play in India this fiscal year with the multiplex industry planning to ramp up the number of screens, taking their overall numbers beyond the pre-Covid count…
• IKEA to spend 3 billion euros on stores as it adapts to e-commerce
  10 May 2022,retail.economictimes.indiatimes.com
  Tolga Oncu, retail manager at the group which owns most IKEA stores worldwide, told Reuters the money would be spent across all regions, though about a third is earmarked for London, a test-bed for new store formats and logistics set-ups…
• PVR earmarks Rs 400 crore to add 125 screens in FY23
  10 May 2022,retail.economictimes.indiatimes.com
  The company opened only 29 screens across 5 properties in FY22…
• Flipkart to phase out one of its seller fulfillment services
  10 May 2022,retail.economictimes.indiatimes.com
  ​Under Smart Fulfillment, sellers allocate a separate space for their products at their own warehouse or place of business, which is linked to Flipkart’s systems so these goods can be delivered faster…
• Godrej Appliances eyeing 20% growth in sales of cooling products during Apr – Jun quarter
  10 May 2022,retail.economictimes.indiatimes.com
  ​The home electronics retailer is eyeing sales growth on the back of increased demand for cooling products due to heat wave along with pent-up demand for the last two summers, shared Nandi, adding that this summer, sales are up by 15 -17 per cent for cooling categories…
• PVR reports Q4 net loss of Rs 105.49 crore, revenue at Rs 537.14 crore
  10 May 2022,retail.economictimes.indiatimes.com
  Its revenue from operations rose by nearly three-fold to Rs 537.14 crore during the quarter under review as against Rs 181.46 crore in the corresponding quarter last fiscal…
• Indian job market registered 15% YoY growth in hiring demand in April
  10 May 2022,retail.economictimes.indiatimes.com
  The job market saw recovery across several sectors that were impacted by the pandemic, showcasing the highest growth in the month of April, the survey showed…
• Coty raises annual profit outlook on resilient luxury demand
  10 May 2022,retail.economictimes.indiatimes.com
  Revenue at Coty’s prestige division, which houses cosmetics and fragrances from the Hugo Boss, Gucci and Burberry brands, rose 21% to $726.4 million for the third quarter ended March 31…
• Campus Activewear growing faster than the market with almost 2-3X the volume of next largest competitor: CEO
  10 May 2022,retail.economictimes.indiatimes.com
  “Campus is the market leader by far. We are growing faster than the market amongst all of our peers with almost 2X to 3X the volume of our next largest competitor. Going forward as well, we expect to continue to maintain the momentum that we have demonstrated over the last 10 years.”…
• Reliance Brands signs franchise agreement with Italian luxury shoe maker Tod’s
  10 May 2022,retail.economictimes.indiatimes.com
  Moreover, RBL would also take over the management of Tod’s existing stores in India, which is present in the country since 2008 with mono-brand stores in DLF Emporio, New Delhi and Palladium, Mumbai and multi-brand e-commerce platform Ajio Luxe…
• Bread, biscuit prices to rise as companies wait for FCI wheat
  10 May 2022,retail.economictimes.indiatimes.com
  The impact can be felt June onwards, when traditionally demand goes up due to re-opening of educational institutes and increase in snacking due to onset of monsoon season…
• VKC Nuts expands product portfolio, launches pasteurized nuts and dry fruits
  10 May 2022,retail.economictimes.indiatimes.com
  VKC Nuts, presently has 7 units – 1 in Bengaluru, 2 in Delhi NCR, 1 in Mumbai, and 3 in Jammu and Kashmir. The company plans to open 8 more manufacturing units each with a capacity of 10,000 metric tonnes, by 2024. They also aim to have a total of 25 company-owned stores and 50 franchise stores by end of 2023…
• Morrisons clinches deal for UK retailer McColl’s – Sky News
  10 May 2022,retail.economictimes.indiatimes.com
  McColls, which runs 1,100 stores and employs 16,000, collapsed into administration, a form of protection from creditors, on Friday, with PricewaterhouseCoopers (PwC) named as administrator…
• MiArcus unfolded its second one-stop destination nursery care products store in Delhi NCR
  10 May 2022,newspatrolling.com
  Mrs. Kareena Kapoor is the brand ambassador of MiArcus
  The new store of MiArcus offers different categories, serving pregnant moms and children upto 4 years old
  Gurgaon, 10th May 2022: MiArcus, a leading nursery brand in India launched its second store in the Ambience mall, Gurugram which is one of the biggest shopping centers in the national capital region…
• Retail Sector Shows Recovery at 47 pc YoY Growth, Surpassing Pre-pandemic Levels
  10 May 2022,indianretailer.com
  Most sectors impacted by the pandemic have shown double digit annual growth. Detailed report below…
• IKEA to spend 3 bln euros on stores as it adapts to e-commerce
  10 May 2022,financialpost.com
  STOCKHOLM — IKEA retailer Ingka Group is spending 3 billion euros ($3.2 billion) through 2023 on new and existing stores, much of it to modify its trademark out-of-town outlets so they can double up as e-commerce distribution centers…
• Retail brands back on expansion spree; DLF, Select Citywalk see significant jump in store openings
  10 May 2022,financialexpress.com
  “Well-capitalised retailers are looking to open 15 per cent more stores compared to last year; some are also looking to add new formats.”…
• India’s Retail Market: Here’s What’s Driving Consumption
  10 May 2022,india-briefing.com
  India is an increasingly prosperous nation of nearly 1.4 billion people and represents a huge growth market for retail. Recent reports project the Indian retail industry to grow around 10 percent every year over the next decade and be worth a massive US$2 trillion by the year 2032. In this article, we offer insights into key growth drivers and the top retail growth segments in India…
• Balenzia Expands Offline Presence, Opens Exclusive Brand Outlet in Mumbai
  10 May 2022,indianretailer.com
  Embracing an omnichannel approach, the collections are available on its website www.balenzia.com and leading online portals, including Amazon, Myntra, Ajio, Flipkart, Paytm, Snapdeal, Limeroad, Nykaa, and LBB…
• Pine Labs ropes in Ayushmann Khurrana for its new campaign
  10 May 2022,financialexpress.com
  As part of the promotions, Pine Labs has released a multichannel marketing campaign across social media platforms…
• Siyaram Silk Mills Ltd reports an all-around performance in Q4 & FY22
  10 May 2022,prnewswire.com
  MUMBAI, India, May 9, 2022 /PRNewswire/ — Siyaram Silk Mills Limited a manufacturer of fabrics, readymade garments, and other textiles products has announced its results for the quarter and year ended 31st March 2022…
• Ratan Tata-backed jewellery retailer BlueStone names Rumit Dugar as CFO
  10 May 2022,business-standard.com
  Rated among India’s top analysts, he has been associated with organisations such as JP Morgan, Infosys and IDFC…
• Malabar Gold and Diamonds’ One India One Gold Rate offers lowest price in India
  10 May 2022,aninews.in
  Mumbai (Maharashtra) [India], May 9 (ANI/NewsVoir): Gold consumers across the country have been making merry for the past several days as Malabar Gold and Diamonds, one of the largest jewellery retailers in the country, has been offering the lowest gold rates in the country as part of its One India One Gold Rate initiative…
• No option to redeem vouchers of Big Bazaar
  9 May 2022,retail.economictimes.indiatimes.com
  Customers of Big Bazaar who are holding vouchers have been left high and dry after a majority of outlets of the hypermarket chain’s parent Future Retail (FRL) were taken over by Reliance Industries. While an FRL spokesperson did not comment, a senior industry executive said the company is left with about 30 Big Bazaar stores across India where customers can still redeem vouchers…
• Ecommerce sales gallop despite big rebound in offline business
  9 May 2022,retail.economictimes.indiatimes.com
  India’s largest retailer, Reliance Retail, reported 17% contribution from ecommerce sales to consumers and to smaller shops for orders booked digitally as compared to 10% a year back, while for Tata-owned Trent Ltd it has surged to 7% as compared to 5% in FY21…
• Reliance Retail adds 1.5 lakh employees in 2021-22
  9 May 2022,livemint.com
  The retail business was the leading job creation vertical hiring over 1,50,000 employees across various functions of the business; this is more than twice the jobs created in the previous financial year, said Reliance Retail…
• Kitex to up investment in Telangana to ₹3,200cr, mulls third unit
  9 May 2022,retail.economictimes.indiatimes.com
  While Telangana government has allotted 210 acres to Kitex at KMTP, another 200-250 acres are expected to be allocated at Sitarampur soon. Telangana industries principal secretary Jayesh Ranjan confirmed land will be handed over by month end…
• Go Fashion Q4 net up 73 pc to Rs 12 cr; sales up 29 pc to Rs 116 cr
  9 May 2022,retail.economictimes.indiatimes.com
  Its revenue from operations was up 29.41 per cent to Rs 116.24 crore during the quarter under review, as against Rs 89.82 crore in the corresponding period a year ago…
• Business confidence level improves: Ficci survey
  9 May 2022,retail.economictimes.indiatimes.com
  The survey finds an improvement in both current conditions and the expectations of Indian companies in its latest round…
• Tata Consumer Products MD Sunil D’Souza on food & non-food business plans
  9 May 2022,business-standard.com
  In a recent interview with Business Standard’s Sharleen D’Souza, Tata Consumer Products MD and CEO Sunil D’Souza shares his strategic roadmap for food and non-food businesses. Listen in…
• Per capita consumption of nuts and dry fruits in India is still very low: Gunjan Jain
  9 May 2022,retail.economictimes.indiatimes.com
  By estimates, the industry is pegged at Rs 20,000 crore and we are nearing around Rs 1,000 crore. We plan to open eight more manufacturing units by 2024, each with a capacity of 10,000 metric tonnes…
• Third Wave Coffee is brewing new funding round led by Westbridge
  9 May 2022,retail.economictimes.indiatimes.com
  The round also includes a secondary share sale in which some of its early individual investors will exit. Once the deal is closed, the startup is expected to be valued at $80-100 million, people briefed on the matter said…
• Paper consumption projected to grow 6-7% in India

  9 May 2022,retail.economictimes.indiatimes.com
  Paper Industry holds immense potential for growth in India as the per capita consumption is one of the lowest in the world. Around 15% of the world population stays in India but consumes only 5% of the total paper produced in the world…

• K Hospitality’s Karan Kapur on why QSRs are India’s next big thing
  9 May 2022,yourstory.com
  In an exclusive interview with YourStory, K Hospitality’s Karan Kapur traces the journey of one of the country’s largest hospitality groups and reveals what it takes to succeed in India’s hyper competitive F&B industry…
• Metaverse may be another ‘hype’ like AR/VR that failed to hook people
  9 May 2022,cio.economictimes.indiatimes.com
  Adopted by the gaming and entertainment sectors, AR-VR headsets once flooded malls and public places in India, and oval-shaped VR stations required kids to wear head-mounted devices (HMDs) to experience various immersive worlds, like car-racing or horror in the jungle…
• ‘Deutsche Bank keen to grow across biz segments in India’
  9 May 2022,livemint.com
  Deutsche Bank in Asia Pacific is performing very well and has been providing higher return on equity than we do at the group level, says Alexander Von Zur Muehlen, CEO, Deutsche Bank (APAC)…
• Kiko Live: Betting on a new leap for retail
  9 May 2022,financialexpress.com
  A live video shopping and selling app, Kiko Live is enabling retail stores to tap into the growing Live and Quick commerce trend…
• Refurbished electronics brand HyperXchange bullish on growth
  9 May 2022,thehindubusinessline.com
  It is backed by a steady rise in demand and an expanding footprint…
• Aditya Vision opens 80th showroom in Jharkhand; Stock tumbles ~3%
  9 May 2022,indiainfoline.com
  Aditya Vision is an India-based company that is engaged in retail business of consumer electronics and home appliances…
• Most Viewed Business News
  9 May 2022,economictimes.indiatimes.com
  On the back of soaring prices of cereals, vegetables, meat and fish, oils and fats, consumer food price inflation too jumped to a 16-month high of 7.7% in March, ringing alarm bells simultaneously in Delhi’s North Block and Mumbai’s Mint Street. India’s wholesale price index-based inflation also jumped to 14.6% in March, from 13.1% in February…
• Realty hot spot: Premium Ahmedabad location with luxury apartments, standalone houses
  9 May 2022,economictimes.indiatimes.com
  This week’s realty hot spot is CG Road in Ahmedabad. The area is home to luxury apartments, standalone houses and high-end commercial complexes. Prominent localities in vicinity include Law Garden, Paldi, Usmanpura and Ambawadi…
• Reliance Retail Q4 pre-tax profit rises to Rs 3,705 crore
  7 May 2022,retail.economictimes.indiatimes.com
  Its revenue from operations of the organised retail segment stood at Rs 50,834 crore in the latest March quarter, up 23.09 per cent from Rs 41,296 crore in the year-ago period…
• Future Group to sell 18.6% stake in Amar Chitra Katha for Rs 13.62 crore
  7 May 2022,retail.economictimes.indiatimes.com
  According to the filing, the aggregate consideration, which will be received from the sale of an 18.58 per cent stake in ACKPL, will be Rs 13.62 crore…
• FMCG companies expect rural demand to bounce back by 2nd quarter
  7 May 2022,retail.economictimes.indiatimes.com
  Growth slowed in India’s villages, which contribute around 35% to overall FMCG sector sales, as steep inflation of food, other daily essentials and fuel, and declining wages forced consumers to buy cheaper products or stop buying these products. In cities, meanwhile, most companies said modern trade recovered from the low base of last year, helping the urban market post similar growth numbers sequentially in the last quarter…
• Zomato CEO Deepinder Goyal donates Esops worth Rs 700 crore to ‘Future Foundation’
  7 May 2022,retail.economictimes.indiatimes.com
  Goyal further stated that the Zomato Future Foundation will accept donations from other Zomato employees and will look into other fundraising avenues. It also plans to set-up an independent governance board for the Foundation…
• Indian consumer brands set to hike prices by 5-7% amid shipments delays
  7 May 2022,retail.economictimes.indiatimes.com
  The electronics industry worldwide continues to face raw material shortage given the ongoing Covid situation in China…
• Bajaj Consumer Care Q4 net profit falls 34.5% to Rs 35.82 crore
  7 May 2022,retail.economictimes.indiatimes.com
  Total expenses of Bajaj Consumer Care, which operates mainly in the beauty care category, were at Rs 184.98 crore, down 2.21 per cent in the second quarter of FY 2022. It stood at Rs 189.17 crore in the year-ago period…
• Blue Star Q4 net profit up 12 pc to Rs 76 cr; sales rise 40 pc to Rs 2,248 cr
  7 May 2022,retail.economictimes.indiatimes.com
  Its revenue from operations jumped 39.46 per cent to Rs 2,247.58 crore during the period under review, as against Rs 1,611.56 crore in the corresponding quarter last fiscal…
• Growth and margin outlook remain strong for Tata Consumer Products
  7 May 2022,business-standard.com

  Tata Consumer Products posted a strong operational performance in the March (Q4FY22) quarter. Unlike major consumer companies which are grappling with higher commodity costs and have reported a dip in their profitability, Tata Consumer expanded its margins in the quarter…

• Moncler bets on store expansion, footwear to drive growth
  7 May 2022,retail.economictimes.indiatimes.com
  The group, which in 2020 acquired streetwear brand Stone Island, also said it expected to beat analyst forecasts for annual sales of 2.43 billion euros ($2.57 billion) this year – up 18.5% from last year – provided a new round of lockdowns in some Chinese cities ended by July…
• Foot Locker to focus more on Adidas as Nike lowers presence
  7 May 2022,retail.economictimes.indiatimes.com
  Nike, which is building its direct-to-consumer (DTC) business, will account for about 60% of total purchases for 2022, down from 70% in the past year and 75% in 2020, Foot Locker said in February…
• Madame Tussauds at Noida’s DLF mall to display PM Modi, Amitabh Bachchan’s wax statues
  7 May 2022,indiatoday.in
  Madame Tussauds is all set to open a centre at Noida’s DLF Mall of India from this June. Life-like statues of famous personalities will be on display at the museum…
• Illegal parking fee collection resumes in Hyderabad
  7 May 2022,timesofindia.indiatimes.com
  HYDERABAD: Instances of illegal collection of parking fee have once again resumed across hospitals, food courts and private shopping complexes in the city…
• DLF Retail Strengthens its Leadership Position, Adds 130 Unique Brands to its Portfolio
  7 May 2022,indianretailer.com
  Businesses across the globe are now seeing green shoots of recovery with organized retail bouncing back to pre-COVID levels…
• Managing Stars: Seasoned Entrepreneur Ankit Chouhan launches YFS Entertainment
  7 May 2022,business-standard.com
  Rising to the occasion, Ace Entrepreneur Ankit Chouhan founded YFS Entertainment (OPC) Private Limited as an advertising marketing and music distribution company in 2022. The agency houses experienced professionals who are adept in Hollywood artist management. The company offers advertising marketing services and digital billboard holding panels in airports, shopping malls, railways, buses, and highways in prime locations United States, Canada, India, Switerzland, UAE, South Korea & 89 other countries…
• Bata India Strengthens Hush Puppies’ Portfolio, Launches ‘Neo Casuals for Neo Leaders’ Campaign
  7 May 2022,indianretailer.com

  The campaign is an integral part of the brand’s larger narrative of strengthening Hush Puppies positioning as a premium and contemporary brand, catering to the footwear needs of working professionals across genders…

• Consumer Interest in ‘Virtual Living’ Intensifies
  7 May 2022,indianretailer.com
  Successful consumer-facing companies are using immersive technologies to build digital environments that are increasingly realistic and create a greater connection to the physical world…
• Our focus is to source more and more from India
  7 May 2022,fibre2fashion.com
  Columbia Sportswear Company connects active people with their passions through its portfolio of well-known brands, making it a global leader in outdoor, active and everyday lifestyle apparel, footwear, accessories, and equipment products. In India, Chogori India Retail Limited (CIRL) is the prime distributor for Columbia Sportswear, primarily focusing on outdoor market and growing demand for hiking and trekking. CIRL CEO Ankur Bhatia speaks to Shilpi Panjabi about the sportswear market and the brands expansion in India…
• Crayons Advertising wins creative mandate for Croma
  7 May 2022,afaqs.com
  Crayons Advertising, India’s largest independent advertising agency, has signed on with Croma to manage the creative requirements to envision and drive the next phase of their exponential growth, keeping customers at the core of its planning and execution…
• DLF Mall of India Turns 6 this Year
  6 May 2022,indianretailer.com
  Embracing the vision of providing an unparalleled retail experience, DLF Mall of India, has announced a shopping gala till May 15, 2022…
• ORRA to continue to open 2 stores per month for next 12 months, says MD Dipu Mehta | INTERVIEW
  6 May 2022,financialexpress.com
  ORRA has plans to add around 72 stores by 2025, which will be a mix of both owned and franchise stores…
• Horizon Industrial to invest ₹4.5k cr on expansion plans
  6 May 2022,livemint.com
  The firm is also increasing its investment in clean energy to power its parks and offer it to the tenants…
• The Phoenix Mills increases its stake in Classic Mall Development Company to 100%
  6 May 2022,thehansindia.com
  India’s leading mixed-use real estate developer, The Phoenix Mills Limited (PML) on Thursday announced the completion of the acquisition of the balance 50 per cent equity stake in Classic Mall Development Company Limited (CMDCL) from Crest Ventures Limited and Escort Developers Private Limited (a 100% subsidiary of Crest Ventures Limited)…
• 35% indulged in online shopping last year: Report
  6 May 2022,brandequity.economictimes.indiatimes.com
  This month, Axis My India’s Sentiment survey delved deeper to comprehend most featured brands during IPL, preferred news content and interest in the Russia-Ukraine war- related news. The survey also gauged consumers’ outlook on quick gratification schemes offered and plans on new year investments…
• Consumer Interest in ‘Virtual Living’ Intensifies
  6 May 2022,indianretailer.com
  Successful consumer-facing companies are using immersive technologies to build digital environments that are increasingly realistic and create a greater connection to the physical world…
• Wakefit.co launches 10 offline stores across India
  6 May 2022,retail4growth.com

  The stores are planned as mega retail stores with an average size of 3000 Sq.ft and will be strategically located in areas with a high density of furniture retailers to drive organic footfalls…

• India is shining now for global consumer firms
  6 May 2022,economictimes.indiatimes.com
  Nearly a dozen global consumer-facing companies said their India business posted strong growth in the January to March quarter, surpassing even pre-Covid levels with a high double-digit pace for some, despite the Omicron wave…
• Dabur Q4 net down 22% to Rs 294 crore; net sales up 7.7% to Rs 2,518 crore
  6 May 2022,retail.economictimes.indiatimes.com
  Its revenue from operations rose 7.74 per cent to Rs 2,517.81 crore during the quarter under review, as against Rs 2,336.79 crore in the year-ago period…
• Marico Q4 net profit rises 13.2 pc to Rs 257 cr
  6 May 2022,retail.economictimes.indiatimes.com
  The company had posted a net profit of Rs 227 crore in the year-ago period, Marico said in a BSE filing…
• Havells Q4 profit rises 16% to Rs 352.48 crore, sales up 32.5%
  6 May 2022,retail.economictimes.indiatimes.com
  Commenting on the result, Havells India Chairman and Managing Director Anil Rai Gupta said, “Sales momentum was regained in Q4 with encouraging performance across verticals. Sustained inflation impacting the margins, however, expect margins to improve with the calibrated price increase and cost optimisation.”…
• Ecommerce startup Evenflow raises $5 million in funding from Village Global and others
  6 May 2022,retail.economictimes.indiatimes.com
  Evenflow aims to develop over 20 such Indian brands over the next 12-18 months. The startup will use the funds raised in this fresh round to expand its team size, acquisition, and enhance its tech and operations…
• Recovery of consumer sentiments maybe impacted by inflation and unemployment: CMIE
  6 May 2022,retail.economictimes.indiatimes.com
  As per CMIE, the index of consumer sentiments (ICS) rose by 3% during April, a tad slower growth than the monthly increases of the recent past. The index had risen by 4% in January, 5% in February and 3.7% in March…
• Tata Consumer Products plans re-entry into non-foods FMCG business
  6 May 2022,business-standard.com
  After exiting the non-foods FMCG space in the 1990s, the conglomerate is looking to re-enter the field…
• Indian consumers value health benefits, transparency from food companies: Report
  6 May 2022,livemint.com

  NEW DELHI : As consumers emerge from two pandemic-stricken years, they are likely to rethink their attitudes around healthy eating and seek greater trust in packaged food and beverage makers…

• Indian smartwatch brands capture 60% market share in Q1, Noise leads
  6 May 2022,retail.economictimes.indiatimes.com
  “The contribution of the Rs 5,000 ($67) retail price band increased to 87 per cent from 78 per cent in Q1 2021. The Rs 1,000-Rs 2,000 ($13-$27) retail price band reached its highest ever share of 14 per cent from just 2 per cent a year ago,” said senior research analyst Anshika Jain…
• Dawn of a new era for designer apparel and fashion: Reliance, Aditya Birla continue shopping spree
  6 May 2022,economictimes.indiatimes.com
  Manish Malhotra, House of Masaba, Tarun Tahiliani, Sabyasachi, and Anamika Khanna. These are just a few of the many designer brand names that have drawn the attention and money of two of India’s biggest business groups — Aditya Birla and Reliance. The business groups’ retail and fashion arms — Aditya Birla Fashion and Retail Ltd (ABFRL) and Reliance Retail Ltd (RRL) — over the past 24 months or so, have been on a shopping spree. Both the…
• Once a civil services aspirant, this entrepreneur started a women’s clothing brand by saving from allowance
  6 May 2022,yourstory.com
  Lavanya The Label was started in 2019 by civil services aspirant Pooja Choudhary. The Rajasthan-based ethical wear brand ships pan-India and overseas. It will soon open its western wear website – Nore21…
• Future Retail MD Rakesh Biyani steps down, Company Secretary resigns
  5 May 2022,retail.economictimes.indiatimes.com
  The Future Group flagship firm is facing an insolvency petition by its lenders before the National Company Law Tribunal. There is an exodus of people from the board and at other levels in several Future group companies after Rs 24,713 crore deal was called off by Reliance Retail…
• Britannia’s price hike this fiscal may be higher than estimated: MD Varun Berry
  5 May 2022,retail.economictimes.indiatimes.com
  “If spot prices continue at similar levels for the next 12 months, then an additional 10% year-on-year price hike would be needed for FY23,” he said. The maker of Good Day and Marie biscuits will follow a combination of price hikes, controlled discretionary spends and cost efficiency to tackle inflation…
• Tata Consumer Q4 Results: Profit jumps 222% to Rs 239 crore
  5 May 2022,retail.economictimes.indiatimes.com
  This was in line with Rs 240 crore that analysts projected in an ET Now poll…
• Amazon doubles cumulative export target from India to $20 billion by 2025
  5 May 2022,retail.economictimes.indiatimes.com
  “Excited by the momentum in businesses joining the global selling program and by the growing demand for Made in India products across the world, I am super excited to announce that we are doubling down and raising our pledge to enable USD 20 billion in cumulative exports by 2025,” Amazon senior vice president for India and emerging markets Amit Agarwal said…
• Quick commerce deliveries grow 25% faster than other modes
  5 May 2022,retail.economictimes.indiatimes.com
  ​Blinkit, Swiggy Instamart, Reliance-backed Dunzo and Zepto are among the platforms leading the 10-20-minute delivery category, with micro warehouses and dark neighbourhood stores, and despite steep cash burn, the trend is accelerating among consumers…
• From coffee to ketchup, retailers seek price ‘shields’ as inflation runs riot
  5 May 2022,retail.economictimes.indiatimes.com
  ​The head of Leclerc, France’s biggest retailer by market share, on Tuesday said it would identify the 120 items consumers buy most, including toilet paper, soap, rice and pasta, and create a “shield” whereby Leclerc will guarantee the price of those items from May 4 until July…
• Wakefit targets Rs 1,000 cr revenue in current fiscal; Plans to grow offline stores
  5 May 2022,retail.economictimes.indiatimes.com
  Wakefit currently has three stores across Bengaluru, New Delhi and Lucknow. The company has recently announced two more offline retail stores in Bengaluru, with plans to open stores in Hyderabad, Pune and Chennai. With this aggressive focus on retail expansion the company plans to grow to 10 offline retail stores across India by this fiscal year…
• Brand aggregator platform Thrasio may relook India plans amid global rejig
  5 May 2022,retail.economictimes.indiatimes.com
  Tharsio, which buys and scales brands which sell on Amazon, announced on Wednesday that its chief executive Carlos Cashman was being replaced by Greg Greeley, even as media reports suggested that the company was expected to lay off about 20% of its staff…
• Retail inflation may have touched 7.4-7.5% in April, say economists
  5 May 2022,business-standard.com
  Reserve Bank of India (RBI) governor Shaktikanta Das pointed towards elevated retail price inflation in April, but did not put a number to it. However, economists believe that it may have been in the range of 7.4-7.5 per cent in April…
• Bombay Dyeing & Manufacturing Co Q4 net loss at Rs 41.74 crore
  5 May 2022,retail.economictimes.indiatimes.com
  While revenue from its Polyester business was up 61.01 per cent to Rs 455.52 crore, as against Rs 282.91 crore of Q4 FY 2020-21. Revenue from retail/textiles business was Rs 1.89 crore, as against Rs 5.84 crore…
• Tata Consumer Products to get into home and personal care through acquisition led strategy
  5 May 2022,retail.economictimes.indiatimes.com
  The company, which has operated primarily in the foods and beverages space, will now get into categories such detergents, home cleaners, body washes and creams and will bank on acquisitions to implement the plan…
• Burger King, Tim Hortons sales power earnings beat for parent Restaurant Brands
  5 May 2022,retail.economictimes.indiatimes.com
  Comparable sales at the two brands jumped, as they invested in fresh advertising campaigns, and as more people returned to restaurants while continuing to place orders for delivery and carry out…
• Samsung expects double-digit growth in smartphone business in June quarter
  5 May 2022,retail.economictimes.indiatimes.com
  In the January-March quarter, Samsung’s smartphone business registered 9% year-on-year value growth, driven by the S22 flagship series and A-series…
• Power to the people
  5 May 2022,bangaloremirror.indiatimes.com
  A data-driven analysis of various travel-related parameters, people’s choices of locations and grid-related aspects can guide government agencies to plan electric vehicle (EV) charging infrastructure in the city, according to research…
• L&TMRHL unveils India’s first Electronic & Technology Mall ‘e-Galleria’
  5 May 2022,metrorailnews.in
  HYDERABAD (Metro Rail News): In tune with the tech DNA of Hyderabad city, L&T Metro Rail (Hyderabad) Limited has announced the repositioning of its Hi-Tec City Mall into e-Galleria, a whole new avatar as India’s first and exclusive Electronic & Technology Mall at Hi-Tec city in Hyderabad. Harboured in the middle of the City’s IT hub, e-Galleria is all set to be a launchpad and a one-stop hub for the tech-savvy city dwellers to indulge and enjoy life with a different note…
• 35% indulged in online shopping last year: Report
  5 May 2022,brandequity.economictimes.indiatimes.com
  This month, Axis My India’s Sentiment survey delved deeper to comprehend most featured brands during IPL, preferred news content and interest in the Russia-Ukraine war- related news. The survey also gauged consumers’ outlook on quick gratification schemes offered and plans on new year investments…
• Libas to Open 50 Retail Stores in 2023 Pan-India
  5 May 2022,brandequity.economictimes.indiatimes.com
  With the retail expansion, the brand is aiming at acquiring an incremental customer base by tapping into the retail offline market…
• D2C fashion platform Cloudtailor ropes in Shailendra Shyamsukha as Head of Brand & Comm
  5 May 2022,exchange4media.com
  Shyamsukha will lead the brand’s marketing activities and campaigns on a national level with a strategic integrated communication approach…
• Senco Gold launches its premium jewellery showroom ‘D’Signia’ in Chandigarh
  5 May 2022,millenniumpost.in
  Senco Gold and Diamonds, the largest organised jewellery retail player in eastern India, based on number of stores, expands its footprint in North India with the launch of its premium jewellery showroom D’Signia in Chandigarh, Punjab…
• Graymatics mulls raising $20 mn by 2022-end; to scale up biz growth
  4 May 2022,freepressjournal.in
  CCTV-based video analytics solutions company Graymatics is considering raising at least $20 million (around Rs 153 crore) by the end of 2022, as it looks to scale up business growth by tapping into global opportunities in smart city projects and transportation, retail and other key verticals…
• Jewellers expect to pick up trade this Akshaya Tritiya
  4 May 2022,thestatesman.com
  Today is Akshaya Tritiya, the first since the outbreak of the Covid -19 pandemic in the country about two years ago, and the gold gems and jewellery market is upbeat about a much better business in this festive season…
• India witnessing a massive growth in the global retail businesses
  4 May 2022,timesofindia.indiatimes.com
  As the Indian retail industry is advancing aggressively more and more global brands are looking to wander into the Indian market. In addition, the booming e-commerce sector has added to the development of this industry…
• E-retail revolution
  4 May 2022,business-standard.com
  The ambitious Open Network for Digital Commerce (ONDC), which has been launched in five pilot cities, could completely transform e-commerce in India. Like the Unified Payments Interface (UPI), the ONDC is developing an open digital network with an architecture designed to let all types of e-retail apps and platforms “talk” to each other in the same way that the UPI allows every payment app to seamlessly transfer funds…
• Great Eastern Retail to buy 15 outlets of NCR co

  4 May 2022,timesofindia.indiatimes.com
  Kolkata: City-based electronics retail chain Great Eastern Retail is acquiring half of the stores belonging to Sargam Electronics, one of the domain’s leading names in north India. This move would place Great Eastern in the top-five bracket of electronics retailers in the country and will provide a toehold in the National Capital Region (NCR). Post-deal, Great Eastern’s pan-India store count will become 85…

• Is ONDC the slingshot that’ll bring down retail Goliaths? 10 things
  4 May 2022,economictimes.indiatimes.com
  The government is unveiling a network to bring on the Davids against the Goliaths, give a chance to the kiranas to sell online and weather the storm created by sophisticated retail giants such as Amazon and Walmart…
• Lenskart raises another $25 million in series I round; announces opening of 1,000th store in the country
  4 May 2022,economictimes.indiatimes.com
  ​Commenting on IPO plans, Bansal said the company is eyeing a market listing in the next 24 months…
• Akshaya Tritiya begins on a positive note; jewellers expect biz of up to 30 tonne
  4 May 2022,retail.economictimes.indiatimes.com
  ​All India Gem and Jewellery Domestic Council Vice Chairman Shyam Mehra said, gold prices have come down to around Rs 50,500 per 10 gram from Rs 55,000-58,000 per 10 gram, giving boost to consumer sentiment…
• ‘Ethical’ brands fared best during COVID-19
  4 May 2022,ecotextile.com
  LEEDS – Fashion brands with long-term commitments to ethical trading practices with their suppliers tended to be more resilient to the impacts of the COVID-19 pandemic, according to new research…
• AC sales hit record high of 17.5 lakh units in April; to touch 90 lakh in 2022: CEAMA

  4 May 2022,retail.economictimes.indiatimes.com
  However, the availability of certain products could be an issue in the next couple of months as manufacturers may not be in a position to supply their entire range of models to meet market demand, especially the energy-efficient 5-star range, due to high demand and supply constraints of components such as controllers and compressors, said Eric Braganza, president of CEAMA…

• Symphony Q4 Results: Net profit flat at Rs 64 crore; revenue up 13% to Rs 384 crore
  4 May 2022,retail.economictimes.indiatimes.com
  Symphony’s revenue from the Indian market was at Rs 170 crore, while the global markets contributed Rs 214 crore…
• Meesho aims to reach 200 million signed up users by December 2022
  4 May 2022,retail.economictimes.indiatimes.com
  To accelerate its digital transformation journey, the firm has partnered with Google Cloud, according to an announcement released today. Through this collaboration, Meesho looks to build an AI-first supplier experience, better user acquisition strategies and a personalized shopping experience for the next billion e-commerce users in the country…
• Voltas signs JV pact with Hong Kong-based Highly International to manufacture compressors

  4 May 2022,retail.economictimes.indiatimes.com
  Countries that share land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar and Afghanistan. As per that decision, FDI proposals from these countries need government approval for investments in India in any sector…

• Real estate in India set to bounce back stronger in FY 23
  4 May 2022,financialexpress.com
  Strong and positive momentums are expected to continue prevailing in Indian real estate in FY 23, backed by the solid structural foundation, gain in demand, and lowered home loan rates. By all means, FY 23 will be the fiscal year the industry has been hoping for long…
• Jewellery brand Orra to more than double store count by FY25

  4 May 2022,livemint.com
  Diamond jewellery brand Orra, backed by businessman Russell Mehta’s company Rosy Blue, is planning to add nearly 70 stores by 2025, a top executive said…

• A look at Araku, a collaborative collection between MISHO x ARAKU Coffee
  4 May 2022,telegraphindia.com
  Minimal yet striking. That’s Araku, a collection born out of the MISHO x ARAKU Coffee collaboration that is inspired by the tribal women of Araku, Andhra Pradesh. ARAKU is “India’s first coffee to shape the complete seed-to-cup journey” with flagships in Paris and Bangalore and is supported by Naandi Foundation, a public charitable trust…
• A look at Araku, a collaborative collection between MISHO x ARAKU Coffee
  4 May 2022,telegraphindia.com
  Minimal yet striking. That’s Araku, a collection born out of the MISHO x ARAKU Coffee collaboration that is inspired by the tribal women of Araku, Andhra Pradesh. ARAKU is “India’s first coffee to shape the complete seed-to-cup journey” with flagships in Paris and Bangalore and is supported by Naandi Foundation, a public charitable trust…
• Symega Food Ingredients Announces the Launch of ‘Cuisinary’ at AAHAR
  4 May 2022,hotelierindia.com
  Cuisinary is a range of convenient cooking ingredients created by chefs for professional kitchens across QSRs, HoReCa and Institutional catering…
• Adani Wilmar acquires Kohinoor rice, strengthens its presence in food segment
  4 May 2022,retail.economictimes.indiatimes.com
  “The acquisition would give AWL exclusive rights over the brand ‘Kohinoor’ basmati rice along with ‘Ready to Cook’, ‘Ready to Eat’ curries and meals portfolio under the Kohinoor Brand umbrella in India,” the company said in a release…
• Titan Q4 Results: Profit declines 7% YoY to Rs 491 crore
  4 May 2022,retail.economictimes.indiatimes.com
  Partial lockdowns, volatility in the gold prices and uncertain geopolitical conditions dented its performance in the fourth quarter, said Titan…
• Great Eastern Retail takes charge of 15 stores of Delhi-based retailer Sargam Electronics
  4 May 2022,retail.economictimes.indiatimes.com
  The deal, almost similar to Reliance’s takeover of the Future Group store locations, will allow Great Eastern to make a foray into the Delhi-NCR markets. Great Eastern will invest around Rs 50 crore on these stores for rent deposit, stock and other operational expenses, said director Pulkit Baid…
• Reliance Brands in talks for Ray-Ban stores
  3 May 2022,retail.economictimes.indiatimes.com
  Reliance Retail, India’s largest retailer by sales and number of outlets, and its high-end retailing arm Reliance Brands, have been on shopping sprees over the years, snapping brands in droves. Since 2019, it has acquired retail brands or forged JVs with about two dozen Indian and global companies…
• Zepto raises $200 million, valued at $900 million
  3 May 2022,retail.economictimes.indiatimes.com
  Its co-founder and CEO Palicha said, “We posted 800% quarter-on-quarter revenue growth, while burn has come down 5X on a per-order basis. This unbelievable execution over the past few months has made it clear to investors that Zepto will be one of the winners in Indian quick commerce.”…
• Britannia to take calibrated price hikes to manage profitability, says MD Varun Berry
  3 May 2022,retail.economictimes.indiatimes.com
  Britannia Industries on Monday reported an increase of 4.96 per cent in consolidated net profit at Rs 377.95 crore for the fourth quarter ended March 2022. Its total revenue from operations climbed 13.40 per cent to Rs 3,550.45 crore during the quarter…
• Adani Wilmar Q4 net profit tanks 26% YoY, revenue rises 40%
  3 May 2022,retail.economictimes.indiatimes.com
  Revenue from operations for the quarter came in at Rs 14,960.37 crore, up 40.18 per cent from Rs 10,672.34 crore in the year-ago quarter…
• Britannia Industries quarterly profit rises 5 pc to Rs 377.95 crore
  3 May 2022,retail.economictimes.indiatimes.com
  Its total revenue from operations climbed 13.40 per cent to Rs 3,550.45 crore during the quarter under review. In the year-ago period, the same stood at Rs 3,130.75 crore…
• Zilingo says board jointly suspended CEO Ankiti Bose, not individual investor
  3 May 2022,retail.economictimes.indiatimes.com
  “After receiving certain complaints of a serious nature, the Board placed the CEO, Ankiti Bose on suspension pending a full investigation,” Zilingo said…
• Meesho aims to reach 200 million signed up users by December 2022
  3 May 2022,retail.economictimes.indiatimes.com
  To accelerate its digital transformation journey, the firm has partnered with Google Cloud, according to an announcement released today. Through this collaboration, Meesho looks to build an AI-first supplier experience, better user acquisition strategies and a personalized shopping experience for the next billion e-commerce users in the country…
• FabIndia, Aether Industries, 5 others get Sebi nod to float IPOs
  3 May 2022,livemint.com
  Syrma SGS Technology, Asianet Satellite Communications, Sanathan Textiles, Capillary Technologies India and Harsha Engineers International too received the watchdog’s nod to float Initial Public Offerings (IPOs)…
• Social commerce startup Frendy raises Rs 23 crore funding
  3 May 2022,retail.economictimes.indiatimes.com
  The company said it plans to use the funds primarily for growth, expanding its team and meeting its working capital needs…
• Gokaldas Exports surges 18% in two days on robust Q4 performance
  3 May 2022,business-standard.com
  Increased volume, better product mix, and improved operational efficiency all contributed to a growing operating profit in Q4…
• Gold jewellery consumption likely to grow 11% in FY23: Report
  3 May 2022,retail.economictimes.indiatimes.com
  Within the jewellery retail industry, revenues of organised retailers are likely to grow at a higher pace of 14 per cent, backed by their aggressive store expansion plans and a gradual shift from the unorganised segment towards the organised one, Icra Ratings said in a report…
• Despite rise in gold and diamond prices, consumer demand to remain intact this Akshaya Tritiya
  3 May 2022,retail.economictimes.indiatimes.com
  “The consumer demand remains robust,” said Ahammed MP, Chairman, Malabar Gold and Diamonds, adding that however, sales have been impacted in terms of volume…
• Tata Consumer Products to expand TN
  3 May 2022,retail.economictimes.indiatimes.com
  “Tamil Nadu is the strongest coffee market in India so we are prioritizing this market first, but also expanding our presence to Karnataka and Andhra Pradesh,”speaking to TOI, Puneet Das, president – packaged beverages, (India & South Asia), Tata Consumer Products (TCP) said…
• P&G pours Rs 200 crore in first liquid detergent facility in India
  3 May 2022,retail.economictimes.indiatimes.com
  The facility, which has come up on P&G’s existing 170-acre campus at Kottur in Mahbubnagar district (about 36 km from Hyderabad), is the MNC’s largest manufacturing site in India where it has invested nearly Rs 1,700 crore so far…
• Timezone Expands Offline Presence, Opens at Oberoi Mall, Mumbai
  3 May 2022,indianretailer.com
  The Timezone brand is going from strength to strength in India, with 20+ new venues opening within the last two years and many more planned for the coming year…
• We are seeing a bounce back in office and school foot wear: Bata India CEO
  3 May 2022,indianretailer.com
  Homegrown footwear brand Bata is on expansion mode with a focus on expanding in Tier-2 and metro cities…
• Swiggy to pilot drone-based deliveries for its grocery service Instamart
  2 May 2022,retail.economictimes.indiatimes.com
  Swiggy has selected – Garuda Aerospace, Skyeair Mobility, the consortia between ANRA Technologies and TechEagle, as well as Marut Dronetech– for the pilots…
• Swiggy to pilot drone-based deliveries for its grocery service Instamart
  2 May 2022,retail.economictimes.indiatimes.com
  Swiggy has selected – Garuda Aerospace, Skyeair Mobility, the consortia between ANRA Technologies and TechEagle, as well as Marut Dronetech– for the pilots…
• Delhivery may launch IPO this month at reduced size of Rs 5.5k crore
  2 May 2022,retail.economictimes.indiatimes.com

  The Gurgaon-based startup held a board meeting on Saturday to discuss whether it should go ahead with the IPO this month. The board cleared the plan and the offer is likely to launch after the LIC IPO subscription window closes on May 9, said sources aware of the matter…

• India must ensure it doesn’t get entrapped by stagflation: HUL MD Sanjiv Mehta
  2 May 2022,retail.economictimes.indiatimes.com
  Consumer-products makers including HUL have been increasing prices to offset the rising cost of energy, packaging and transport. With Russia’s invasion of Ukraine further stoking commodity and supply chain prices, HUL said it expects softening of commodity prices when the Ukraine crisis gets resolved…
• udaan, JioMart may disrupt $100 bn B2B e-commerce mkt in decade: Jefferies
  2 May 2022,business-standard.com
  udaan has already garnered over 50 per cent market share while Reliance is at around a quarter share, says the report by top investment bank Jefferies…
• Retail inflation for industrial workers rises to 5.35% in March
  2 May 2022,retail.economictimes.indiatimes.com
  The All-India CPI-IW (consumer price index-industrial workers) for March 2022, increased by 1.0 point to 126 points. It was 125 points in February 2022…
• Varun Beverages Q1 net profit jumps two-fold to Rs 271.09 cr
  2 May 2022,retail.economictimes.indiatimes.com
  Its revenue from operations during the quarter under review surged 26.32 per cent to Rs 2,867.47 crore from Rs 2,269.87 crore in the corresponding period last fiscal, Varun Beverages Ltd (VBL) said in a regulatory filing on Thursday…
• Astral to acquire 51 pc stake in Gem Paints for Rs 194 cr
  2 May 2022,retail.economictimes.indiatimes.com
  “Astral shall initially invest Rs. 194 Crores in Gem Paints Private Limited by subscribing to Optionally Convertible Debentures equivalent to the value of 51 per cent equity stake of Operating Paint business of Gem Paints,” it said, adding it will be an all-cash deal…
• Hyderabad: On last days of Ramzan, festive shopping gains momentum
  2 May 2022,thehansindia.com
  Hyderabad: With Eid-ul-fitr to be celebrated on Tuesday, shopping for Eid is gaining momentum in shopping centres and markets, as compared to the hasty activity during the last two years due to Covid pandemic…
• DealShare helps India’s lesser-known cos gain clout
  2 May 2022,deccanherald.com
  Enter the social commerce model of doing business, which is simply the use of social network communities to drive e-commerce sales, and both companies’ products ended up in more households than before…
• Power woes hit sales of frozen foods, medicines
  2 May 2022,economictimes.indiatimes.com
  India’s worst power shortage in over six years is leading to loss of sales momentum of summer products such as ice-creams, soft drinks and frozen foods, and medicines in some cases over the past one week…
• The Walmart-Amazon War: Can Brick-and-Mortar Shops Win the Battle?
  2 May 2022,moderndiplomacy.eu

  The competition between Walmart and Amazon represents a global battle between brick-and-mortar businesses, such as traditional hypermarkets, with e-commerce…

• Cantabil Retail India Ltd stocks rally in the market during early trading deals on Monday after informing business updates of April month to the exchanges.
  2 May 2022,indiainfoline.com
  Cantabil Retail India Ltd stocks rally in the market during early trading deals on Monday after informing business updates of April month to the exchanges…
• Using AI, this retail store development startup is helping offline brands accelerate expansion
  2 May 2022,yourstory.com
  Online shopping may be here to stay, but retail stores aren’t going away anywhere. But even though operating online has become easier and faster, launching retail stores remains a challenge…
• Jewellers expect sales during Akshaya Tritiya to surpass 2019 level
  2 May 2022,economictimes.indiatimes.com
  With the economic activities growing gradually after two years of COVID-related disruptions, jewellers are upbeat about this Akshaya Tritiya, expecting sales to surpass the 2019 levels. However, some of them feel that the recent surge in gold prices could become a hindrance…
• BlueStone announces launch of its exclusive Mystics collection for Akshaya Tritiya, drawing inspiration from traditional symbolism and charms
  2 May 2022,apnnews.com
  BlueStone is set to release its new line of gold and diamond jewellery, inspired by divine symbols and iconic good luck charms…
• KVIC clocks record Rs 1.15 lakh crore turnover
  30 April 2022,retail.economictimes.indiatimes.com
  KVIC chairman Vinai Kumar Saxena said PM Narendra Modi’s constant support and appeals to go ‘swadeshi’ were critical to this growth story. “Hon’ble PM’s repeated appeals to achieve self-reliance by promoting ‘swadeshi’ and particularly ‘khadi’ has done wonders,” Saxena said…
• India on way to reaching $300 bn worth electronic goods mfg: Vaishnaw
  30 April 2022,retail.economictimes.indiatimes.com
  Union Minister Ashwini Vaishnaw on Friday said the country is already manufacturing electronic goods worth USD 76 billion and is on the way to reaching USD 300 billion. He also said developing a semiconductor industry is not a sprint but a marathon and that the government is for it…
• Pernod Ricard Q3 sales beat forecasts, cautious on Q4
  30 April 2022,retail.economictimes.indiatimes.com
  Despite the challenges, the maker of Martell cognac and Absolut vodka, forecast organic growth of 17% in profit from recurring operations for its financial year ending June 30, in line with the market consensus for 16.9% growth…
• Apple reports slower Q2 sales growth, but results top estimates
  30 April 2022,retail.economictimes.indiatimes.com
  The technology giant reported quarterly earnings of $25 billion, up 5.8% from the year-ago period as revenues rose nine percent to $97.3 billion…
• CAIT welcomes CCI’s raid on Amazon’s seller Cloudtail, Apario
  30 April 2022,retail.economictimes.indiatimes.com
  The Confederation of All India Traders (CAIT) has complimented the Competition Commission of India (CCI) for conducting raids on the offices of Cloudtail and Apario, both sellers of Amazon…
• Meesho records over 100 mn transacting users in last one year
  30 April 2022,retail.economictimes.indiatimes.com
  The company said that the transacting user base on the platform has grown by about 5.4 times and gross merchandise value (GMV) has risen around 3 times since March 2021, without disclosing the actual numbers…
• Jeff Bezos loses $13 billion in hours as Amazon shares slump
  30 April 2022,livemint.com
  Shares of the e-commerce company slumped more than 8% in early New York trading on Friday as it reported a quarterly loss and the slowest sales growth since 2001…
• Economy can grow at 6.5-8.5% in medium term: RBI report
  30 April 2022,livemint.com
  A timely rebalancing of monetary and fiscal policies is needed and is the first step for restoring and recreating a policy environment conducive for private sector-led growth post covid, RBI report said…
• Domino’s expects sales pressure to persist after drop in first quarter
  30 April 2022,retail.economictimes.indiatimes.com
  U.S. restaurants have struggled to keep their workers from leaving for higher-paying jobs, with Domino’s even offering consumers a $3 coupon code for picking up their own online orders during the quarter to circumvent a driver shortage…
• Yakult Danone India appoints Hiroshi Hamada as managing director
  30 April 2022,retail.economictimes.indiatimes.com
  Hamada will be based at Yakult India’s head office in New Delhi and will lead the business operations for the Indian market…
• PVR ties up with French company for premium multiplexes
  30 April 2022,livemint.com
  With film lovers getting used to the convenience of watching web shows and films across languages in the comfort of their homes, cinemas and multiplexes need to lure them back through luxury formats – smaller and more plush auditoriums, larger, high-tech screens and customized menus…
• Smartphone outlook grim amid inflation, high device prices
  30 April 2022,retail.economictimes.indiatimes.com
  Rising component costs also mean the brands are not finding the entry-level – which makes up almost 75% of the market by volumes – as profitable, choosing to move up the price ladder to the mid-premium segment with higher margins, said Singh…
• The Souled Store Expands Retail Presence, Opens its Seventh Store in India

  30 April 2022,indianretailer.com
  The Souled Store, one of India’s most-loved casual wear brands – started by four pop culture enthusiasts, Vedang Patel, Harsh Lal, Aditya Sharma, and Rohin Samtaney, in 2013 – has opened doors to its seventh store in India at Infiniti Mall, Malad in Mumbai, thereby increasing their retail footprint even further in the country!…

• H&M India Expands Offline Presence, Launches H&M HOME in New Delhi
  30 April 2022,indianretailer.com
  Spread over 308 square meters, H&M HOME will be introduced with a dynamic, immersive shopping experience and housing the latest home dcor collections…
• Nike tees that capture the verve of Mumbai and its people
  30 April 2022,dtnext.in
  To inspire consumers to make sport a daily habit and also connect them closer to the city, the brand has launched Nike By You – a first-of-its kind collection of customised tees and shoes dedicated to, and capturing the life and energy of Mumbai and its people…
• Startups let India retail investors buy corporate debt at $130
  30 April 2022,economictimes.indiatimes.com
  At least 10 new financial technology platforms have sprung up during the pandemic with the aim of grabbing a share of the $1.9 trillion market for bank time deposits. They promise much higher interest rates through putting money into company bonds, which are generally seen as riskier higher-yielding debt…
• Ikea India Online Sales Surge, Footfalls At Stores Still Below Pre-Pandemic Level
  30 April 2022,bloombergquint.com
  Ikea India, the domestic unit of the Swedish designer and seller of ready-to-assemble office-to-home accessories, saw its online sales surge while footfalls at its physical stores are yet to surpass pre-Covid levels…
• India on way to reaching $300 bn worth electronic goods mfg: Vaishnaw
  30 April 2022,retail.economictimes.indiatimes.com
  Union Minister Ashwini Vaishnaw on Friday said the country is already manufacturing electronic goods worth USD 76 billion and is on the way to reaching USD 300 billion. He also said developing a semiconductor industry is not a sprint but a marathon and that the government is for it…
• Is ONDC the slingshot that’ll bring down retail Goliaths? 10 things
  30 April 2022,economictimes.indiatimes.com
  The government is unveiling a network to bring on the Davids against the Goliaths, give a chance to the kiranas to sell online and weather the storm created by sophisticated retail giants such as Amazon and Walmart…
• How Technology is Critical for D2C Ecosystem
  30 April 2022,indianretailer.com
  Today, startups working on D2C model book whooping profits like Rs 100 crore in a much shorter span than those working in the traditional setup…
• Meet GQ’s 30 Most Influential Young Indians of 2022
  30 April 2022,gqindia.com
  They’re setting trends and disrupting norms. They are driving innovation, pushing boundaries, and affecting change. They are entrepreneurs, cultural stars, and tech titans who are shaping the way we live, work, and play…
• India’s retail industry to reach $2 trillion by 2032
  30 April 2022,tbsnews.net
  As India recovers from the pandemic, the country’s retail industry has resumed its growth trajectory and is likely to witness 10% annual growth to reach approximately $2 trillion by 2032, according to a report…
• Myntra launches spotlight initiative ‘Brand Fest’ to increase customer engagement
  30 April 2022,retail.economictimes.indiatimes.com
  Under this initiative, the retailer will host emerging labels and international brands on its platform. In addition to deals and offers from brands, Myntra will host influencers on its M-live and M-studio platforms to amplify customer engagement, it said in the press release…
• 2,200 acres of land-parcels, integrated business model gives edge: M3Ms Pankaj Bansal
  30 April 2022,investing.com
  New Delhi, April 29 (IANS) M3Ms Pankaj Bansal says, “no doubt, real-estate developers with sufficient land-parcels and holistic business-model will carry an edge for buyers. Uniquely, M3M India has a bank of over 2,200 acres of land-parcels that has given the company a well-defined advantage and will always remain”…
• Respect to the Titans of Real Estate in Delhi NCR
  30 April 2022,hindustantimes.com
  The bustling capital city of India has one of the most prolific real estate sectors in the country. We acknowledge those who have not just survived but have risen above all the impediments thrown at them over the past few years – the Titans of Delhi’s real estate!…
• Saris and a social cause: Day 1 of Bombay Times Fashion Week wins hearts!
  30 April 2022,timesofindia.indiatimes.com

  Mumbai’s biggest fashion extravaganza, the Bombay Times Fashion Week 2022 kickstarted on Thursday with a lovely display of redefined colours…

• Emaar Group developing 5 lakh sq ft mall in Srinagar: Lt Governor Manoj Sinha
  30 April 2022,moneycontrol.com
  The Emaar Group, UAE’s biggest real estate developer, is developing a 5 lakh sq ft mall, while Lulu Group is setting up a food processing hub in Srinagar, said Jammu and Kashmir’s Lieutenant Governor Manoj Sinha on April 29…
• India’s antitrust raids target sellers on Amazon, Walmart’s Flipkart- Sources

  29 April 2022,retail.economictimes.indiatimes.com
  The exact nature of the purported violations prompting Thursday’s raids was not immediately clear. The two sellers were Cloudtail and Appario, the sources said on condition of anonymity, as the details were not public…

• The question is not whether India will be the biggest market (for scotch) but when: Chivas Brothers

  29 April 2022,retail.economictimes.indiatimes.com
  Despite India being the largest whiskey drinking nation globally, the share of scotch within the country is just 2% due to the 150% import duty on imported liquor…

• IKEA India to increase local sourcing, says CEO Susanne Pulverer
  29 April 2022,retail.economictimes.indiatimes.com
  According to CEO Susanne Pulverer, this will enable lower prices for IKEA’s customers, help create more jobs, enhance skills and keep costs low while reducing environmental impact as well…
• Samsung Electronics Q1 net profit up 58.57 percent
  29 April 2022,retail.economictimes.indiatimes.com
  The firm said net profit in the January-to-March period was 11.32 trillion won ($8.9 billion) — up 58.57 percent from the same period a year earlier…
• Shoppers Stop posts a net loss of Rs 15.85 crore in Q4 FY2022
  29 April 2022,retail.economictimes.indiatimes.com
  “The company ended the quarter on a satisfactory note despite Q4FY22 getting disrupted due to the partial lockdowns caused by the Omicron wave in January. The underlying demand continued to be strong across all businesses with most segments posting a Y-o-Y growth over a very strong Q4 FY21 base…
• Amazon results and outlook fall short as warehouse, fuel costs soar
  29 April 2022,retail.economictimes.indiatimes.com
  Amazon’s forecast shows hiking the price of its fast-shipping club Prime last quarter may not be enough to prop up its profit. The company expects to lose as much as $1 billion in operating income this quarter, or make as much as $3 billion. That’s down from an operating profit of $7.7 billion in the same period last year…
• Govt to launch open network for digital commerce in five cities
  29 April 2022,retail.economictimes.indiatimes.com
  The Open Network for Digital Commerce (ONDC) is an initiative of the government to promote an open platform for all aspects of the exchange of goods and services through electronic networks…
• Goyal urges startups to incorporate, list in India and not move to tax havens
  29 April 2022,livemint.com
  Union Minister Piyush Goyal Thursday urged startups to list in India and not leave the country in search for “few more dollars”. He also urged startups to incorporate in India and not move to tax havens…
• India’s Q1 gold demand declines 18 pc to 135.5 tonnes amid higher prices: WGC
  29 April 2022,retail.economictimes.indiatimes.com
  WGC Regional CEO, India, Somasundaram P R told PTI that gold prices began rising in January, increasing by 8 per cent to Rs 45,434 per 10 grams (without taxes) in the first quarter of this year, mainly due to geopolitical tensions…
• Titan opens 100th Titan Eye+ store in Tamil Nadu
  29 April 2022,retail.economictimes.indiatimes.com
  “With the launch of the Pondy Bazaar store in Chennai, we have hit the 100th store mark in Tamil Nadu and are heading rapidly towards our plan of 1,000 stores across 400 plus cities,” company Chief Sales and Retail Officer EyeCare Division, A R Srinivasan said…
• Colgate-Palmolive India board approves appointment of Prabha Narasimhan as MD and CEO
  29 April 2022,retail.economictimes.indiatimes.com
  Besides, the board has approved appointment of Vikram Singh Mehta as the “Lead Independent Director” with effect from April 28, according to a regulatory filing…
• P&G Hygiene and Health Care Q3 rises 4.6% to Rs 102.85 crore
  29 April 2022,retail.economictimes.indiatimes.com
  Procter & Gamble’s profit was driven by a continued focus on productivity and a one-time hurt due to retrospective tax law change, the company said in an earnings statement…
• HUL’s Dove, Rin, Vim brands enter ₹2,000 crore club in FY22
  29 April 2022,livemint.com
  HUL, India’s largest packaged consumer goods company, reported a turnover of ₹50,336 crore for FY22, up 11% year-on-year, with volumes rising 3%. The company reported its highest market share gain in the last decade…
• LG starts manufacturing inverter window ACs in India
  29 April 2022,livemint.com
  NEW DELHI: Consumer durable’s company LG Electronics on Thursday said it has begun manufacturing dual inverter window air conditioners at its plant in Noida, Uttar Pradesh…
• Ikea India Online Sales Surge, Footfalls At Stores Still Below Pre-Pandemic Level
  29 April 2022,bloombergquint.com
  The trend underscores the digital shift underway in the world’s second-most populous nation, accelerated by the Covid-19 pandemic as everything from work and education to shopping moved online. Market researcher Redseer estimates that the Indian digital economy has been expanding at more than 50% every year, led by high-speed internet access and rising online shopping. It is likely to touch $1 tri…
• Reliance Industries Plan Bid For UK Retail Major Boots: Report
  29 April 2022,outlookindia.com
  Mukesh Ambani-led Reliance Industries is considering a joint bid with US buyout firm Apollo Global Management for Britain’s well-known retailer Boots, according to a UK media report on Thursday…
• Consumers increasingly embracing digital channels for retail experience
  29 April 2022,thestatesman.com
  COVID-19 has revolutionized the retail landscape in India with consumers increasingly embracing digital channels. Retailers and Brands in turn began elevating their presence and positioning both, offline and online. Further, the change in the lifestyle of the people highly affected the market of retail and D2C brands…
• Indian fashion industry offers array of career opportunities
  29 April 2022,timesofindia.indiatimes.com
  PATNA: The fashion industry is a modern-day product and the industry is made up of several sorts of companies, including shops, design sourcing and sales firms…
• These brothers are creating a buzz in the menswear market with their high-street fashion brand
  29 April 2022,yourstory.com
  Amar and Raghavendra Pawar started Powerlook in 2011 to give India a fashionable brand that is affordable and quality-driven. SMBStory speaks to the brothers to understand how they cracked the code and made a name in the market…
• Libas plans to expand offline through 50 stores; targets tier 2 and tier 3 cities
  29 April 2022,yourstory.com
  Indian fast fashion ethnic wear brand Libas plans to expand to 50 new offline stores in India by the end of 2023, with a focus on tier 2 and tier 3 cities, Sidhant Keshwani, managing director and CEO, Libas, told BrandWagon Online…
• Nandan Nilekani aims to protect India retail from Walmart, Amazon
  28 April 2022,retail.economictimes.indiatimes.com
  As the two global giants poured a combined $24 billion into India and captured 80% of the online retail market with aggressive discounts and promotion of preferred sellers, the kirana shops are fearful of an uncertain future…
• Flipkart cuts payment cycle to 7-10 days among other policy changes to attract new sellers
  28 April 2022,retail.economictimes.indiatimes.com
  The changes include reducing the payment settlement cycle from 15 days to 7-10 days, 10-minute seller onboarding, and guaranteed returns through sales from advertisements placed on Flipkart…
• HUL Q4 Results: Profit rises 9% YoY to Rs 2,327 crore, beats estimates
  28 April 2022,retail.economictimes.indiatimes.com
  The board of the company also recommended a dividend of Rs 19 per share. Along with Rs 15 interim dividend paid in November, the total dividend for fiscal 2022 comes in at Rs 34 per share…
• India’s retail industry to reach $2 trillion by 2032: Report
  28 April 2022,retail.economictimes.indiatimes.com
  As per the report India’s consumption, which was growing at approximately 12 per cent pre-pandemic, went into negative territory during the pandemic but has now recovered to surpass pre-pandemic growth levels at 17 per cent. E-commerce in the country is expected to reach USD 130 billion by 2026, as compared to USD 45 billion in 2021, according to the report…
• Licious invests $1 million in pet food startup Pawfectly Made
  28 April 2022,retail.economictimes.indiatimes.com
  Pawfectly Made will continue to function as a separate entity with its own production processes and supply chain as Licious comes in as a strategic partner to help guide and scale Pawfectly Made faster…
• Furniture startup WoodenStreet raises $30 mn led by WestBridge Capital
  28 April 2022,retail.economictimes.indiatimes.com
  The Jaipur-based company will use the latest capital infusion to expand into different markets, invest in technology, expand the supply chain and add more categories, it said…
• IndiaMart and the turf wars of the B2B e-com market
  28 April 2022,livemint.com
  The company is bracing for a turf war. Investments in tech and acquisitions are helping it pivot…
• Retail industry to see low double-digit growth in FY23: Shoppers Stop’s Venu Nair
  28 April 2022,retail.economictimes.indiatimes.com
  “Overall the footfalls have come back to the pre-COVID levels and are strong since the last 2 months and we expect it to continue. We are expecting the industry to witness lower double-digit growth or high single-digit growth this financial year,” Nair told PTI on the sidelines of Retail Leadership Summit…
• Readymade garment makers to report 16-18% jump in revenues this fiscal
  28 April 2022,livemint.com
  Export demand is expected to grow at least by 12-15%, despite the higher base of last fiscal, as overseas players continue to diversify their supplier base in light of the economic crisis in Sri Lanka and a fresh surge in covid cases in China, which has disrupted supply chains…
• Trent posts net consolidated profit of Rs 34.60 crore in FY22
  28 April 2022,livemint.com
  Its total income stood at Rs 4,673.23 crore during the financial year ended March 2022 as against Rs 2,794.56 crore in previous year, according to the regulatory filing…
• High demand pushes Puma’s Q1 results above expectations
  28 April 2022,retail.economictimes.indiatimes.com
  The company said its earnings before interest and taxes (EBIT) rose 27% to 196 million euros ($208.62 million) in the first three months of 2022, compared to analysts’ average forecast for EBIT of 181.5 million euros…
• Third wave did little to dent demand for packaged goods
  28 April 2022,retail.economictimes.indiatimes.com
  “Despite the third Covid wave impacting January sales, the out-of-home business posted better-than-expected results in the first quarter, mainly resulting from faster channel openings,” Nestle India said in its earnings update…
• Tea boutique Chai Chun plans to expand retail footprint, double revenue
  28 April 2022,retail.economictimes.indiatimes.com
  The Siliguri-headquartered tea retailer clocks an annual revenue of Rs 8-10 crore at present…
• What’s going into Reliance’s new Mumbai mall, the size of 10 football fields
  28 April 2022,thefederal.com
  Luxury executives see the mall as a show of strength in a long-game bet for Reliance that is much more than a vanity project for the Ambani family…
• WC Realty Ties up With Beyond Squarefeet, to Setup a Chain of Outlet Malls
  28 April 2022,businesswireindia.com
  Ludhiana, Punjab, Mumbai, Maharashtra, India: The COVID-19 Pandemic not only created challenges for various businesses, but it also to a great extent fast-forwarded many innovations. The pandemic forced people to think out of the box and create new business ideas…
• Inside Reliance’s new luxury mall space in Mumbai
  28 April 2022,lifestyle.livemint.com
  Mukesh Ambani is betting a shopping palace within a $1 billion Mumbai business showcase will tap into surging demand for Western luxury goods, installing his Reliance empire as a portal through which most of the biggest brands must pass…
• Kandima Maldives and TUMI India, the Game-changing Lifestyle Brands Partner Together to Offer 3 Bucket List Lifestyle Vacations
  28 April 2022,aninews.in
  New Delhi [India], April 27 (ANI/NewsVoir): Get your oh-so stylish TUMI bags ready for an ultra-kool vacation at Kandima Maldives as the two game-changing lifestyle brands partner together to bring you the koolest and #anythingbutordinary vacation in the Maldives! Both brands sharing the same values of being trendsetters of an ultra-kool and active lifestyle are ready to reinvent your vacation in style to bring you the ultimate brand experience!…
• Millennials driving realty growth in Tier 2 & 3 cities
  28 April 2022,financialexpress.com
  A large chunk of the young workforce or millennials is now investing in real estate in Tier 2 & 3 cities for opulent living, work-life balance, well-being, and future security…
• Grade-A warehouses: A preferred choice in India’s logistics and warehousing sector
  28 April 2022,businesstoday.in
  Fulfilling all the necessary requisites, Grade-A warehouses emerged as the one-stop solution, and its demand witnessed a major uptick during the pandemic. Its necessity will only grow hereafter…
• Police verification must for bar, mall employees in Noida
  28 April 2022,theprint.in
  Noida, Apr 27 (PTI) Police verification of all employees and security personnel working in bars, malls, hotels and restaurants in Gautam Buddh Nagar will be mandatory, according to an official order issued on Wednesday…
• Bazar India: One stop destination for fashionistas!
  28 April 2022,mid-day.com
  Since its Incorporation in 2014, Bazar India is one amongst the leading retail brands in India and also India’s fastest growing fashion & lifestyle company. It offers a wide range and variety of appaerls and general merchandising at an affordable price, just an footsteps away of the customers…
• The untold story of how Ravi Modi built Vedant Fashions—the makers of Manyavar—into a $3.5 billion behemoth
  28 April 2022,forbesindia.com
  The reclusive billionaire believes in destiny, modest living, and wealth beyond money. Here’s how Modi, the latest and one of the youngest billionaires in India, built Manyavar and other Vedant Fashion brands ground up…
• Shoppers Stop eyes acquisition in D2C segment
  28 April 2022,moneycontrol.com
  Though Shoppers Stop has built a portfolio of private brands across various categories, the company could be eying a few acquisitions in others key segments, indicated MD and CEO Venu Nair…
• India’s Reliance, Apollo Global Plan Joint Bid for Walgreens’ Boots Business
  28 April 2022,moneycontrol.com
  Never miss a beat of agenda-setting news & analysis…
• Future Group’s apparel arm denies plan to sell fashion brands to raise Rs 1,000 cr
  28 April 2022,businesstoday.in
  The apparel firm of Future Group, in a regulatory filing on Tuesday, denied a media report that stated that Future Group has initiated the revival process for FLF, which has not defaulted on loan repayments and is also not a part of the insolvency proceedings against the group…
• Budget of homebuyers becoming flexible, says M3M’s Pankaj Bansal
  28 April 2022,business-standard.com
  Incidentally, NCR-Delhi has also replaced Bengaluru as the startup capital of India and the growing startup and unicorn community is also exploring the residential sector for investments…
• High inflation eats into HUL’s sales volume in March quarter
  28 April 2022,livemint.com
  Hindustan Unilever Ltd (HUL) on Wednesday reported flat quarterly sales volume as India’s largest household goods maker raised prices to offset surging input costs, crimping demand for its products…
• India wakes up to yet another inflation risk as pressure builds on FMCG margins
  27 April 2022,retail.economictimes.indiatimes.com
  In the latest development to pose upside risks to India’s inflation, Indonesia announced a ban on exports of palm oil on Friday in order to ensure adequate supplies in the country…
• United Breweries Q4 Results: Net profit up 67.9% to Rs 164 cr
  27 April 2022,retail.economictimes.indiatimes.com
  Its revenue from operations was up 1.28 per cent to Rs 3,664.71 crore during the quarter under review as against Rs 3,618.09 crore in the corresponding period of the preceding fiscal…
• PepsiCo reports double-digit revenue growth for Jan-Mar quarter in India
  27 April 2022,retail.economictimes.indiatimes.com
  In an investors call after the results, PepsiCo Chairman and CEO Ramon Laguarta said India has reported a “double-digit organic revenue growth” for the quarter that ended on March 19, 2022…
• Reckitt kicks off $10 billion infant nutrition biz sale
  27 April 2022,retail.economictimes.indiatimes.com
  The London-listed company, which sells brands including Enfamil formula, sent out marketing materials to potential buyers this month, the people said. Reckitt could seek as much as $10 billion for the unit, according to the people, who asked not to be identified because the information is private…
• Online delivery companies rush to hire women riders amid increasing attrition
  27 April 2022,retail.economictimes.indiatimes.com
  Companies such as Zomato, Swiggy, Ecom Express and Shadowfax are among those looking to induct more women in their last-mile delivery fleet…
• Mondelez to buy Mexican breadmaker Bimbo’s Ricolino for $1.3 billion
  27 April 2022,retail.economictimes.indiatimes.com

  The Ricolino deal, the latest in Mondelez’s buying spree, will double the size of the Oreo maker’s business in Mexico, a “high-priority” market, and expand its snacking business, the U.S. firm said…

• Global stagflation won’t be just a squall that’ll blow over
  27 April 2022,livemint.com
  The new reality with which economies must reckon is higher inflation and slowing economic growth. And a big reason for the current bout of stagflation is a series of supply shocks that have curtailed output and raised costs…
• Campus Activewear raises Rs 418 cr from anchor investors ahead of IPO
  27 April 2022,retail.economictimes.indiatimes.com
  Abu Dhabi Investment Authority, Fidelity Funds, Nomura, Societe Generale, BNP Paribas Arbitrage and Goldman Sachs (Singapore) Pte are among the anchor investors…
• Luxury goods: With giant mall, Reliance sets sights on next gold rush
  27 April 2022,retail.economictimes.indiatimes.com
  Reliance is building a mall with dozens of outlets for powerhouse brands from Louis Vuitton to Gucci, documents reviewed by Reuters show…
• Tata Coffee Q4 profit up 12 pc to Rs 64.28 crore
  27 April 2022,retail.economictimes.indiatimes.com
  Revenue from operations witnessed a growth of 10.99 per cent to Rs 656.26 crore during the quarter under review, compared to Rs 591.23 crore in the same period of the previous fiscal…
• Inflation: FMCG, staples demand dips by 20%
  27 April 2022,retail.economictimes.indiatimes.com
  Estimates by the Federation of Gujarat FMCG Distributors suggest that demand for FMCG products and staples across Gujarat has fallen by 20%…
• Affordable offerings helped Coca-Cola increase consumer base in India in Jan-March
  27 April 2022,retail.economictimes.indiatimes.com
  In India, the cola major is expanding affordable offerings through the use of single-serve packages at low price, said a global earnings statement by The Coca-Cola Company released for the January-March quarter…
• HMD Global to ramp up mobile exports from India; keen to source more components locally
  27 April 2022,retail.economictimes.indiatimes.com
  While the company is evaluating export of Nokia smartphones that are made in India, it is also interested in expanding the exports of feature phones to cover additional markets, models and customers, Kochhar explained. India is a buzzing market for devices and smartphones, and the government through various schemes and incentives, including a production-linked incentive (PLI), is aiming to bolster local production of electronic items, in order to position the country as a global manufacturing powerhouse…
• How E-commerce Has Put India’s Retail Industry on the Growth Path
  27 April 2022,indianretailer.com
  Not too long back, shopping involved spending a leisurely Sunday afternoon in the mall or market, moving from one shop to another. Now all one has to do is peruse the web for their favorite e-commerce portal and with a few clicks, make an online purchase…
• Omaxe raises Rs 440 cr from Varde Partners, to expand business
  27 April 2022,freepressjournal.in
  Realty firm Omaxe on Tuesday said it has raised Rs 440 crore from Värde Partners to expedite construction of its existing projects as well as expand business…
• How to capitalise on India’s enormous social commerce opportunity
  27 April 2022,timesofindia.indiatimes.com
  Social media adoption, consumption and engagement across Gen Z and Millennials is on the rise. Indians constitute a significant proportion of this global audience whose tastes, opinions, and desires are increasingly being shaped by social platforms…
• Organized retail fitout industry is the key to rapid offline retail expansion
  27 April 2022,timesofindia.indiatimes.com
  The retail industry in India is undergoing an unprecedented transformation most would describe as “breathtaking.” As a sector, retail is one of the major growth engines for the nation’s economy, contributing 10% to the GDP and employing nearly 40 million individuals in FY2020…
• Mashroo becomes Mashhoor as it delivers a wide range of products this Ramzan
  27 April 2022,aninews.in
  Mumbai (Maharashtra) [India], April 26 (ANI/ATK): The holy month of Ramzan holds a special place in the lives of the Muslim community…
• Global Consumer Product and Retail Market to 2028 – Size, Share, Outlook and Opportunity Analysis – ResearchAndMarkets.com
  27 April 2022,businesswire.com
  Consumer products, sometimes also known as finished products, are products bought by consumers for personal consumption. For instance, toothpaste is considered a consumer good because it is purchased and used directly by the consumer daily. Products that fall under this category are usually sold in bulk and are used by a wide variety of customers…
• American Eagle Expands Retail Footprint With First Franchisee Store in Jaipur, India
  27 April 2022,rli.uk.com
  America’s favorite jeans brand since 1977 has now launched in Jaipur with its first franchisee partner, Arihant Agencies. Under the license from American Eagle Outfitters, Inc., Aditya Birla Fashion and Retail Limited, is launching its first American Eagle (AE) brand store in Jaipur, Rajasthan…
• Burman family of Dabur acquires 0.28% in Eveready Industries India Ltd
  26 April 2022,retail.economictimes.indiatimes.com
  In February, the Burmans had given a mandate to JM Financial Services to buy an additional 5.26% stake in Eveready from the market when it was holding 19.8% in the company. It has also made an open offer for an additional 26% stake in Eveready. The Burmans have been acquiring shares of Eveready as personal investment since 2020 and have said they will run Dabur and Eveready as distinct separate entities…
• Zomato CEO Deepinder Goyal and three others join Urban Company board
  26 April 2022,retail.economictimes.indiatimes.com
  The Urban Company board will now comprise three executive directors, three non-executive directors and four independent directors…
• FirstCry plans $1 billion IPO, may seek Sebi nod next month
  26 April 2022,retail.economictimes.indiatimes.com
  FirstCry turned profitable in fiscal year 2021, as per recent regulatory filings, clocking a net profit of nearly Rs 216 crore compared with a loss of Rs 191 crore in the previous year. FirstCry reported operational revenue of Rs 1,603 crore in FY21, compared with Rs 814 crore the year before…
• FMCGs may pinch more if Indonesia bans crude palm oil exports too
  26 April 2022,retail.economictimes.indiatimes.com
  About 60% of India’s palm oil demand is met through imports, of which Indonesia and Malaysia account for a little more than three-fourths of total imports…
• Paytm brings on board Srinivas Yanamandra as regulatory head
  26 April 2022,business-standard.com
  Yanamandra is a member of the policy working group of the Digital Currency Global Initiative, which is a collaboration between Stanford University and the International Telecommunication Union…
• Online grocery is part of the new normal, survey finds
  26 April 2022,retail.economictimes.indiatimes.com
  Forty-one percent of participants said that while they will continue to shop online for groceries, they will do so less frequently…
• India’s GDP likely to grow 7.5-8% in FY23: CII President
  26 April 2022,retail.economictimes.indiatimes.com
  In an interview to PTI, the President of the industry body said the resurgence of COVID globally will have an impact on the global supply chain and CII’s India economic growth estimate of 7.5-8 per cent in the current fiscal factors these developments…
• Apparel unit in tribal area to boost women employment
  26 April 2022,retail.economictimes.indiatimes.com
  It will be the first apparel industry under the scheme in the state and Rs 2.79 crore will be spent on the project. The Union government will bear 90 per cent of the cost and the rest will be provided by the state government…
• Century Textiles reports Rs 84-crore Q4 profit as pulp and paper business revenues soar
  26 April 2022,retail.economictimes.indiatimes.com
  Its board declared a dividend of Rs 4 per share. The company’s stock closed 0.82% higher at Rs 886.4 on the BSE on Monday…
• Swiggy starts accelerator plan for delivery execs to assume managerial jobs
  26 April 2022,business-standard.com
  It’s an industry-first move that will give such execs fixed pay and additional benefits; others likely to follow suit with similar schemes…
• Coca-Cola reaps benefits of expanded reach in India
  26 April 2022,business-standard.com
  Coca-Cola is expanding its consumer base by adding affordable product offerings and reaching more outlets…
• Swiggy launches accelerator programme for delivery partners
  26 April 2022,retail.economictimes.indiatimes.com
  Under its ‘Step-Ahead’ programme, Swiggy said it is aiming to give an opportunity to those executives who want to move from their current flexible engagement with the company to a dedicated, managerial role…
• Britannia Industries unveils ‘Marie Gold Jeera’ to serve regional customers in TN
  26 April 2022,retail.economictimes.indiatimes.com
  The brand ahead of its region-specific launch has worked with various women homemakers in the state to co-create a biscuit which has ‘jeera’ (cumin) as its key ingredient given its health benefits, according to company Chief Marketing Officer Amit Doshi…
• Eveready Industries posts Rs 38.41 crore loss in Q4
  26 April 2022,retail.economictimes.indiatimes.com

  Its revenue from operations rose 17.82 per cent to Rs 294.33 crore during the quarter under review. In the year-ago period, the same stood at Rs 249.81 crore…

• Tier-II and tier-III cities to drive the growth of malls in India
  26 April 2022,timesofindia.indiatimes.com
  The Covid-19 led economic deceleration has been catastrophic for most sectors, barring a few. Despite slowdowns in consumer spending, low manufacturing output, and global instability, India still remains the world’s fastest-growing economy…
• Amritsar district shopping centre association seeks completion certificates of buildings
  26 April 2022,tribuneindia.com
  The District Shopping Centre Association, Ranjit Avenue, has sought the regularisation of height, completion certificates of buildings constructed in the shopping centre…
• ValetEZ partners with Lighthouse Mall Management to foster ‘Destination charging’ for EVs
  26 April 2022,apnnews.com
  Underlying its commitment to eliminate the woes of EV charging in the country, ValetEZ, India’s fastest-growing innovative smart parking and EV…
• Bridgestone India launches interactive retail store
  26 April 2022,autocarpro.in
  In a press release, the company said customers will have the ability to pick from a wide range of Bridgestone tyres, based on their requirements via digital-led featured at the store. The store also offers demonstrations for customers to understand how each of the tyre services can benefit them…
• American Eagle Expands Retail Footprint, Opens its First Franchisee Store in Jaipur
  26 April 2022,autocarpro.in
  The iconic global brand stands for individuality, freedom, and self-expression. American Eagle is all about helping customers find their favorite fits…
• TRENDS, India’s largest fashion destination opens 6 stores in Kerala
  26 April 2022,orissadiary.com
  Thiruvananthauram: India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of six new stores in Kerala…
• India is ‘sneaking’ in a billion-dollar industry in shoe boxes
  26 April 2022,forbesindia.com
  Untouched by the pandemic, the sneaker culture in India is on a rapid growth trajectory. From customising sneakers to reselling limited pairs at a 10X mark up, the sneaker business in the country is picking up pace…
• Indian realty attracts $943 million investments in Q1; office space leads
  26 April 2022,realty.economictimes.indiatimes.com
  The real estate sector has attracted investments worth $943 million during the quarter led by the office segment and a comeback of retail real estate, showed a JLL India report…
• Delhi high street gets premium tag back
  26 April 2022,realty.economictimes.indiatimes.com
  Rentals at the two Delhi retail hubs have increased by 16.7% year-on-year in the first quarter of 2022, surpassing pre-Covid levels, as per real estate consultancy Cushman & Wakefield…
• After deal with Reliance Retail collapses: Future lenders likely to go for Group insolvency
  25 April 2022,retail.economictimes.indiatimes.com
  ​​The businesses of the Future Group entities are interdependent, so a holistic resolution makes sense. The total loans of Future Group companies stood at Rs 28,921 crore on January 31. The majority of this is accounted for by Future Retail and Future Enterprises…
• Amazon to absorb all Cloudtail, Prione employees, JV CEO tells employees
  25 April 2022,retail.economictimes.indiatimes.com
  Cloudtail, set up in 2014 as a joint venture between Amazon and Infosys founder NR Narayana Murthy’s Catamaran Ventures, is one of the largest sellers on Amazon India…
• Biyani starts process to revive Future Lifestyle Fashions
  25 April 2022,retail.economictimes.indiatimes.com
  FLF, which has not defaulted on loan repayments, plans to sell off a few fashion brands in its portfolio to raise Rs 1,000 crore, two company officials privy to the development told ET…
• Cloud kitchen policy to boost new businesses in Delhi
  25 April 2022,retail.economictimes.indiatimes.com
  The number of cloud kitchens in Delhi is growing at the rate of about 20% annually…
• GST Council has not sought states’ views on hiking tax rates
  25 April 2022,retail.economictimes.indiatimes.com
  Stating that views have not been sought from states on hiking rates on 143 items, sources said, there is also no proposal to shift more than half of items to the highest tax GST slab of 28%…
• Future Lifestyle Fashions chairperson Shailesh Haribhakti resigns
  25 April 2022,retail.economictimes.indiatimes.com
  In a regulatory filing, Future Lifestyle Fashions Ltd (FLFL) said, “Shailesh Haribhakti has resigned from the position of the Chairperson and Independent Director of the company with effect from April 22 , 2022 vide his resignation letter dated 22 April 2022 submitted to the Company.”…
• Nestle fends off cost inflation, helped by higher prices
  25 April 2022,retail.economictimes.indiatimes.com
  Russia’s invasion of Ukraine has forced consumer goods companies to rethink their strategy in the country, while at the same time further pushing up costs for energy and commodities, threatening food groups’ profitability…
• FSSAI orders licence review of packaged drinking water bottlers
  25 April 2022,livemint.com
  NEW DELHI : The food regulator has asked food commissioners of states and union territories to review the licences granted to bottlers following mounting complaints about packaged still and mineral water being sold without BIS certification in the scorching summer heat…
• PVR opens new property in Odisha
  25 April 2022,livemint.com
  NEW DELHI : Multiplex chain PVR Cinemas has announced the launch of its first cinema in Odisha, with a six-screen property at Rourkela. With this opening, PVR Cinemas marks its expansion to 51 screens in east India across 12 properties in five states…
• Springfit aims Rs 1,200 crore turnover in next five years; public listing expected by 2025
  25 April 2022,retail.economictimes.indiatimes.com
  “We are confident of doubling our revenue to Rs 1,000 to 1,200 crore, over the next five years with our expansion. Most of the new incremental revenue should come from the upcoming Meerut and Vadodara plants. If our plans go as planned, we should be over Rs 1,000 crore entity by FY27,” Gupta told PTI…
• Maangalya opens 13th shopping mall in Anantapur
  25 April 2022,thehansindia.com
  Maangalya Shopping Mall has launched its 13th shopping mall in Anantapur. The mega shopping mall was inaugurated formally by Tollywood Divas Anu Immanuel, Nabha Natasha and Siddharth alias Siddhu Jonnalagadda of ‘DJ Tillu’ fame…
• Monthly Rent In Delhi-NCR’s High Street Retail Locations, Rises Up To 5.6 Pc In Jan-Mar: Report
  25 April 2022,goodreturns.in
  Monthly rentals in Delhi-NCR’s high street retail locations, including Khan Market and Connaught Place, increased by up to 5.6 per cent during January-March period as compared to the previous quarter on better demand for space from retailers, according to Cushman & Wakefield…
• Cineline aims to be organised pan-India player: Rasesh Kanakia
  25 April 2022,indiantelevision.com
  Kanakia Group’s Cineline India has recently rebranded itself to MovieMax and re-entered the film exhibition industry with the launch of nine properties at prime locations across Maharashtra, including Sion, Andheri, Goregaon, Kandivali, Mira Road in Mumbai; Eternity Mall and Wonder Mall in Thane; The Zone (Nashik), and Eternity Mall (Nagpur)…
• Why This is the Perfect Time for Vending to Bloom in India
  25 April 2022,indiantelevision.com
  Today, using a mobile app, the consumers can make use of any of the multiple digital payment methods to instantly purchase goods for consumption…
• Indians Prioritize Spending on Sustainable Products & Contributing to Local Businesses
  25 April 2022,indiantelevision.com
  87 percent of Indian adults surveyed always or often purchase sustainable products…
• This startup is making bonds an attractive investment option for retail investors
  25 April 2022,yourstory.com
  Bonds India has created a tech platform for retail investors to easily participate in the bonds market, which did not have many takers, with the potential to generate higher returns when compared to fixed deposits…
• Most first-time CEOs come from operations
  25 April 2022,timesofindia.indiatimes.com
  If you think you are leadership material and have been working in the operations function, there is a good chance that you will rise to become a chief executive officer (CEO). Experts say this could be a reflection of a post-Covid world where managing operations and supply chains…
• Forever New unveils campaign for its Spring Summer collection with Diana Penty
  25 April 2022,exchange4media.com
  The Australian feminine fashion retail brand in India, Forever New launches their latest Spring Summer Campaign, ‘Feel Fresh’ with brand ambassador, Diana Penty. The collection is an ode to the freshness with the onset of the glorious summer days ahead, wherein one cannot help but feel uplifted and resolute in the face of chirping birds and blooming flowers…
• From fashion to beauty, get summer ready with these new launches
  25 April 2022,dtnext.in
  We often get busy with the hustle and bustle called life and miss out on all the new launches of the season, only to discover a product when it’s too late…
• Shimmer for Summer: Check out these fashion goals set by B’town stars this season
  25 April 2022,dtnext.in
  New Delhi: While summer fashion is mostly about fun florals and soft pastels, this time there’s some shimmer on the list as well. The trend has made a major resurgence, both on and off the runway…
• This 18-yr-old entrepreneur makes a cool splash with a new summer collection, Ahaya
  25 April 2022,dtnext.in
  India’s bold and the beautiful can now breeze through the hot summers with Anushka Gupta’s debut summer collection, Ahaya…
• Tollywood Divas Anu Immanuel & Nabha Natasha & hero Siddharth “Siddhu” launch the Mall
  23 April 2022,socialnews.xyz
  Anantapur, April 22, 2022: The Maangalya Shopping Mall – one of the largest family-owned textile kingdoms in this part of the Country, has launched its 13th shopping mall at Anantapur, today. The mega shopping mall of the city was inaugurated formally by Chief Guests and Tollywood DivasAnu Immanuel and Nabha Natasha and Hero Siddharth “Siddhu” Jonnalagadda of ‘DJ Tillu’ fame…
• What About Kids at Malls & Functions, Ask Experts as Rising Covid Cases Bring Back School Closure Demand
  23 April 2022,news18.com
  Experts point to health issues such as screen addiction and behavioural changes among children due to online classes and say the onus of following Covid-appropriate behaviour lies not just on schools but also on parents. Ultimately, they say, schools are where children belong…
• Poila Baisakh boost to Salt Lake businesses
  23 April 2022,telegraphindia.com
  Restaurants spread out shamianas on the footpath outside for the crowds waiting to dine. Movie halls put up housefull boards and had to decline hopefuls who wanted more tickets. Malls were full of revellers, sweet shops had a field day… Poila Baisakh 2022 had all the sights of the old normal again…
• Lenders to India’s Future reject $3.4 billion retail deal with Reliance – sources
  23 April 2022,retail.economictimes.indiatimes.com
  “All secured lenders have voted against the scheme of arrangement put forward by Reliance,” said a senior executive at a state-owned lender…
• Online Lingerie Market in India to Grow at a CAGR of 18.07% by 2026 |Driven by the Increased Penetration of Organized Retail Driving Lingerie Demand | Technavio

  23 April 2022,prnewswire.com
  Companies: 10+ – Including Fast Retailing Co. Ltd., Hennes and Mauritz AB, Hunkemoller B.V., Jockey International Inc., Marks and Spencer Plc, Reliance Retail Ltd., Sockkobe Co. Ltd., Triumph International Pvt. Ltd., Victorias Secret Stores and Co., and Wacoal Holdings Corp. among others…

• Resale-commerce or re-commerce will continue to get mainstream
  23 April 2022,timesofindia.indiatimes.com
  Re-Commerce is a term that refers to the resale of clothes, shoes and accessories. The re-commerce industry has grown rapidly in recent years…
• Making efforts to promote brand India at global platforms: AEPC
  23 April 2022,timesofindia.indiatimes.com
  AEPC chairman Narendra Goenka said that Apparel Export Promotion Council was making efforts to promote brand India at various global platforms by showcasing its strength on sustainability, ethical sourcing and manufacturing, labour standards and women employment …
• Nykaa invests Rs 50 crore in 3 brands, forays into nutraceuticals space
  23 April 2022,cnbctv18.com
  Beauty and fashion retailer Nykaa on Friday announced investments in three brands in the clean beauty, wellness, and athleisure space for a total of Rs 49.76 crore…
• Hop Electric looks to expand retail footprint to over 300 cities this year
  23 April 2022,economictimes.indiatimes.com
  Electric vehicle (EV) maker Hop Electric on Friday said it is looking to expand its retail footprint to more than 300 cities by the end of the year. The Jaipur-based firm had entered the EV space last June and has over 100 retail stores already in place in a span of less than one year…
• UK retail sales tumble as inflation jump hits demand
  23 April 2022,retail.economictimes.indiatimes.com
  Retail sales volumes slid by 1.4% in March from February, a worse reading than any economist forecast in a Reuters poll that had pointed to a 0.3% monthly drop, the Office for National Statistics said…
• Zomato’s 10-minute food delivery goes live in Gurgaon today
  23 April 2022,retail.economictimes.indiatimes.com
  The service will be made available to users on Android phones across Gurgaon while an iOS rollout is expected soon after, according to a person aware of the matter…
• Nykaa makes strategic investments in Earth Rhythm, Nudge Wellness and Kica Active
  23 April 2022,retail.economictimes.indiatimes.com
  The company said it has also acquired KICA, an activewear athleisure brand for Rs 4.51 crore. KICA will be housed under its fashion vertical Nykd, the company said in its filings…
• Inflation a concern but India growth story intact – Sanjiv Puri, CMD at ITC
  23 April 2022,retail.economictimes.indiatimes.com
  The cigarette to cookies conglomerate, which faces the highest exposure to agriculture within the consumer products market in terms of sales as well as sourcing said there is no reason to hold back or get despondent and if one has the right strategies and competitiveness, one should be able to thrive in whatever type of new normal emerges…
• Decoded: Amway’s ED troubles turn focus on direct-seller vs pyramid model
  23 April 2022,business-standard.com
  The company maintains the action was related to a case in 2011 and it has been cooperating with the investigative agency…
• Why Reliance Brands is touted to be Indian fashion’s LVMH
  23 April 2022,retail.economictimes.indiatimes.com
  Reliance brands seize the majority of stake from Indian couturiers Abu Jani- Sandeep Khosla and their three different fashion labels. While talented business professionals from the company promise to nurture it well for the International marketspace. Fashion merges and collaborative approaches will bring in more growth shortly. Future lifestyle and fashion set the bar for Indian companies with various collaborative efforts…
• Zappfresh revenue increases, Ebitda loss narrows in FY22
  23 April 2022,livemint.com
  NEW DELHI : DSM Fresh Foods Pvt Ltd, which runs online fresh fish and meat retailer, posted a 25% growth in revenue and narrowed its earnings before interest, taxes, depreciation and amortization (Ebitda) losses in the just-ended financial year despite the pandemic forcing a major shift in business operations…
• Demand for cooling appliances jumps 25% in March
  23 April 2022,livemint.com
  With the early onset of summers, customers are increasingly looking to spend on smart cooling devices. From ACs to refrigerators and coolers to fans, there has been a significant uptick in the demand for all kinds of cooling appliances. This comes on the back of March this year being the hottest in 122 years since the India meteorological department (IMD) started maintaining records and customers spending more time indoors…
• Nestle Q1 net profit slips 1.25% to Rs 594.71 crore
  22 April 2022,retail.economictimes.indiatimes.com
  Nestle India’s net sales increased 9.74 per cent to Rs 3,950.90 crore during the quarter against Rs 3,600.20 crore in the corresponding period last fiscal, the company added…
• Amazon acquires reseller platform Glowroad to bolster social commerce ambitions
  22 April 2022,retail.economictimes.indiatimes.com
  Amazon has acquired the startup in an all-cash deal, a person aware of the matter said. This is the first inorganic bet that Amazon is taking on the so-called social commerce space where sellers use platforms like Whatsapp and Facebook to sell their wares…
• ITC to acquire 10% stake in Blupin Technologies
  22 April 2022,retail.economictimes.indiatimes.com
  Blupin Technologies is a web and app-based content-to-community-to-commerce platform and offers mother and baby care products and services under the brand name ‘Mylo’…
• Reliance Retail to launch Swadesh to sell products sourced from artisans
  22 April 2022,retail.economictimes.indiatimes.com
  The company said Swadesh is part of its ‘Handmade in India’ programme that is aimed at showcasing authentic handcrafted products and promoting the rich Indian art forms in markets around the world…
• LG India expects 30% growth in home appliances, AC business in 2022
  22 April 2022,retail.economictimes.indiatimes.com
  “In the previous calendar year, we have seen a growth of more than 20 per cent (for home appliances and AC), and we are expecting to grow more than 30 per cent this year with the new line of products, which we have introduced today,” Deepak Bansal, LG Electronics India VP-Home Appliances & Air-Conditioners, told PTI…
• Hope to provide fresh impetus to Eveready: Mohit Burman
  22 April 2022,retail.economictimes.indiatimes.com
  “As a family, we like to invest in consumer centric businesses,” Burman told ET in an email interview, elaborating on why the group, with interests across packaged goods, restaurant chains and financial services, is investing in batteries. The buy is a “personal investment of the Burman family”, he added…
• LT Foods to step up investments on new product development
  22 April 2022,retail.economictimes.indiatimes.com
  LT Foods expects to spend 4% of branded sales on marketing which is 75% of its total revenue. A report by RedSeer forecasted the ready-to-cook market in India to grow 18% to reach Rs 4800 crore by 2024…
• Furniture retailer Ikea India appoints Adosh Sharma as country expansion manager
  22 April 2022,retail.economictimes.indiatimes.com
  Adosh will be a part of the leadership team reporting to Susanne Pulverer, who was recently appointed as Ikea India CEO. As a country expansion manager, he will lead IKEA’s omnichannel expansion and growth plans in India…
• Flipkart opens e-commerce fulfilment centre in West Bengal
  22 April 2022,retail.economictimes.indiatimes.com
  “Located 50 kilometres from Kolkata, the big box facility has an integrated supply chain management spread across 110 acres. It will help strengthen the local economy with the availability of stronger supply chain infrastructure to connect thousands of sellers from West Bengal and the north-east region with national market access while also catering to growing customer demand,” Flipkart said…
• Titan Company rolls out initiatives to drive more inclusive workforce
  22 April 2022,retail.economictimes.indiatimes.com
  The benefits include enhanced safety and support for women posted in non-metro cities, as well as various parental support initiatives…
• Campus Activewear looks to expand in south, west regions
  22 April 2022,livemint.com
  MUMBAI : IPO-bound Campus Activewear Ltd, a sports and athleisure footwear brand, is planning to expand its presence in west and south India…
• ITC plans to broaden dairy products portfolio, tap Bengal’s ‘low’ milk availability
  22 April 2022,retail.economictimes.indiatimes.com
  “We want to widen the range of dairy products from milk, ghee, curd, lassi, paneer. We keep studying consumers’ requirement and accordingly launching new products,” ITC Chief Operating Officer for dairy and beverages Sanjay Singal told PTI on the sidelines of a programme at the Bengal Global Business Summit…
• FMCG majors take ‘direct’ route to expand reach
  22 April 2022,retail.economictimes.indiatimes.com
  The sector’s direct distributor count has crossed the 100,000 mark, and nearly a third of them were added by the companies in the past two financial years, according to Bizom, a sales automation firm that transacts with 7.5 million retail stores…
• D2C Ayurveda brand Kapiva targets Rs 100 crore global revenue in 3 years
  22 April 2022,retail.economictimes.indiatimes.com
  As per industry reports, the Ayurveda market is set to grow by USD 6.81 billion from 2021 to 2026, progressing at a CAGR of 15.32 per cent. The immense untapped potential in the international markets is expected to play a massive role in this growth…
• D2C brand Nat Habit raises $4 million in funding led by Fireside Ventures
  22 April 2022,retail.economictimes.indiatimes.com
  “The fresh funding will be used to accelerate growth, increase channel presence, expand categories, invest in marketing, technology and scouting for fresh talent,” Nat Habit cofounder Gaurav Agarwal said…
• Indian smartphone market grows just 2% year-on-year on supply chain woes
  22 April 2022,retail.economictimes.indiatimes.com
  Supply chains remained the biggest challenge for leading vendors such as Xiaomi and Vivo as they struggled to secure components for their volume-driving low-end models…
• Aura Air unveils smart air purifiers, to expand retail footprint in India
  22 April 2022,retail.economictimes.indiatimes.com
  According to the company, the purifiers have successfully cleared clinical trials against the coronavirus and the company was in the process of obtaining approval from the Food and Drug Administration, US…
• How HappyFresh’s Dark Stores Will Lead to Next Evolution of its Business Model
  22 April 2022,indianretailer.com
  With the launch of HappyFresh Supermarket, the brand has seen month-on-month growth in users of 300 percent and it is also working on growing its coverage within each market and the number of facilities to reach more underserved consumers…
• DIRECT-TO-CONSUMER BRANDS IN THE BEAUTY INDUSTRY IN INDIA
  22 April 2022,beautymatter.com
  There has been significant activity in the Indian beauty and personal care landscape in the past 12 months. As per a report by Avendus Capital, 800+ DTC brands have launched in India, out of which 80+ are in the beauty & personal care category. The number is touted to increase multifold in the coming months…
• ORRA Expands Retail Presence in New Delhi
  22 April 2022,indianretailer.com
  The store, launched as a part of its expansion plan across markets, houses the latest diamond jewelry collection from ORRA with exclusive bridal designs…
• Reliance Retail boosts its ‘Handmade in India’ programme
  22 April 2022,aninews.in
  Mumbai (Maharashtra) [India], April 21 (ANI): In a strong boost to its ‘Handmade in India’ programme, Reliance Retail on Thursday announced several new initiatives aimed at showcasing authentic handcrafted products and promoting the rich Indian art forms globally…
• Why Prashant Jain isn’t optimistic on direct retail flows
  22 April 2022,economictimes.indiatimes.com
  NEW DELHI: Ace fund manager Prashant Jain says equity investment is a hedge to inflation and that it is bond investors who need to worry in a rising inflation environment…
• 3 Indian fashion-tech entrepreneurs you need to know
  22 April 2022,vogue.in
  Changing palettes, new formats of retail and evolving gen-z and millennial values can only mean one thing — the evolution of shopping as we know it. Vogue chats with the new wave of Indian fashion-tech entrepreneurs that are on a mission to build businesses that are planet-friendly, community-first and tech-enabled…
• A first look inside the new Lovebirds store in Mumbai
  22 April 2022,vogue.in
  In an exclusive interview with Vogue, husband-wife designer duo behind the contemporary label share details of the photo exhibition that marks the launch of their Mumbai store…
• Are Rolex watches out of stock?
  22 April 2022,timesofindia.indiatimes.com
  Rolex watches came into being in 1905, when watch designers Hans Wilsdorf and Alfred Davis founded a company called Wilsdorf and Davis in London…
• iGRID is a brand made for India: Madhav Kota
  22 April 2022,dqindia.com
  iGRiD is a brand made for India, built with a keen eye to look for value in every product/service . iGRiD is designed and developed for the discerning Indian. It is for products that offer high value for money by virtue of offering the very best in quality and customer service at a very affordable cost…
• ITC to commence 20th manufacturing facility in Bengal: Sanjiv Puri
  21 April 2022,retail.economictimes.indiatimes.com
  The company will set up a new state-of-the-art personal care products manufacturing unit at Uluberia in Howrah, which will be its 20th facility in the state, Sanjiv Puri said…
• Malabar Gold and Diamonds eyes revenue of Rs 45,000 cr in FY23
  21 April 2022,retail.economictimes.indiatimes.com
  In a statement on Tuesday, the company said it had registered a 35 per cent growth in revenue at Rs 30,000 crore in FY22 and has set a target of Rs 45,000 crore in revenue in FY23…
• BigBasket eyes 30% rise in GMV to Rs 13,000 cr this fiscal, expansion of footprint
  21 April 2022,retail.economictimes.indiatimes.com
  Menon said consumer behaviour for buying grocery is changing due to availability of option, and BigBasket is expanding services to cater to 100 per cent of customers’ basket…
• Appliances giant BSH eyes 75% localisation in 3 years
  21 April 2022,retail.economictimes.indiatimes.com
  BSH Home Appliances Group CEO Carla Kriwet said the company expects India to continue growing at this rate for three-four years, with a target of clocking half a billion euros in sales by 2025. “India is increasingly an important market for us, not just in the region but also globally. For us, India is among the top 5 emerging markets,” said Kriwet, who is visiting the country for the first time after taking over as global CEO in 2020…
• Nykaa partners with haircare brand Aveda to launch premium salon chain, opens first store in Bengaluru
  21 April 2022,retail.economictimes.indiatimes.com
  The first Aveda X Nykaa salon will be launched in Bengaluru on Thursday followed by Delhi and Mumbai…
• United Breweries witnesses high-single-digit volume growth in Jan-Mar quarter
  21 April 2022,retail.economictimes.indiatimes.com
  “In India, beer volume grew by a high-single-digit, outperforming the market. UBL experienced progressive growth during the quarter with the declining impact of the COVID omicron variant,” it said in its earnings statement…
• Duty drawback, GST refunds of Rs 1.75 lakh crore issued to exporters in FY22: CBIC chief
  21 April 2022,retail.economictimes.indiatimes.com
  “During 2021-22, we disbursed drawback of almost Rs 24,000 crore and GST refunds of Rs 1.51 lakh crore, which is a growth of 33 per cent over the previous year,” he said, adding the department is “very keenly” focused on robust growth in revenue…
• MSME sector to achieve mid-teen growth in fiscal 2022 says study
  21 April 2022,retail.economictimes.indiatimes.com
  The sector accounts for 27% of GDP and is crucial to the functioning of the economy, including in terms of employment generation, exports, and lending opportunities…
• Trend in affordable luxury is to trade up and we are way past 2019 numbers: Darshan Mehta
  21 April 2022,retail.economictimes.indiatimes.com
  “Starting from last week of February, early March till as late as last weekend, I have never seen a stronger traction across our portfolio brands, not just at the very high end where we virtually own the market but even if I look at children as a category, parenting and grand-parenting as a category through Hamleys and Mothercare kind of brands, it is possibly one of the strongest demand patterns.”…
• Retailers and apparel brands to stay away from sharp price hikes
  21 April 2022,retail.economictimes.indiatimes.com
  Retailers across apparel, lifestyle products, restaurants, and supermarkets are expected to post double-digit revenue growth year-on-year for the March quarter despite a slow start due to the Omicron wave, with the reopening of offices and schools, and weddings driving demand…
• Procter & Gamble posts its biggest sales gain in decades
  21 April 2022,livemint.com
  Procter & Gamble Co. posted its biggest quarterly sales gain in at least two decades as consumers, undeterred by inflation and the threat of a recession, paid more for household mainstays including Pampers diapers and Gillette razors…
• TagZ Foods sales expand nine-fold, turn cash profitable in FY22
  21 April 2022,retail.economictimes.indiatimes.com
  “We are looking at creating the largest urban GenZ snack brand which changes the way consumers snack on potato chips, gourmet dips, chocolates and cookies. The brand is focussed on the top 30-40 million households across the country to begin with, alongside exports,” said Anish Basu Roy, founder of TagZ Foods…
• Building brand reputation using sustainable practices
  21 April 2022,livemint.com
  April is marked as Earth Month when the call to action for sustainable change becomes louder leading up to Earth Day on 22 April. Brands do make a noise around sustainability at this time…
• French food group Danone reassures investors with strong start to 2022
  21 April 2022,retail.economictimes.indiatimes.com
  Despite the robust start to the year, the maker of Activia yoghurt and Evian water kept its 2022 financial goals unchanged amid a challenging environment marked by higher input costs and uncertainties linked to the war in Ukraine…
• D2C brand Nat Habit raises $4 million

  21 April 2022,livemint.com
  NEW DELHI: Direct-to-consumer personal care brand Nat Habit has raised $4 million in series A funding, led by Fireside Ventures along with participation from existing investors…

• Luxury makeover helps L’Oreal sales glow
  21 April 2022,livemint.com
  “Against the backdrop of the invasion of Ukraine and strengthened sanitary measures in China, L’Oreal had a strong first quarter,” said chief executive Nicolas Hieronimus…
• Retail leasing set to cross pre-Covid levels in 2022
  21 April 2022,financialexpress.com
  The Covid-19 pandemic hit the retail industry hard, forcing many brands to shut their stores during the lockdown period. However, after almost 3 years, the industry has started seeing green shoots of recovery…
• Shopkhoj explores the magic of shopping in the French Quarters in Pondicherry
  21 April 2022,einnews.com
  NEW DELHI, DELHI, INDIA, April 20, 2022 /EINPresswire.com/ — When you walk through Rue Roman Rolland or Rue du Bazar Saint Laurent in Pondicherry,…
• Under Armour Strengthens Distribution in India with Underdog Athletics
  21 April 2022,indianretailer.com
  Underdog Athletics has ambitious plans to grow the brand in India, expanding reach and presence through Under Armour Brand House stores, an exclusive India webstore, and key e-commerce platforms…
• Storyboard18 | Focusing on Tier 2-3 cities and opening larger stores: Puma India MD
  21 April 2022,cnbctv18.com
  Since the onset of the Covid-19 pandemic, awareness about health and fitness has increased and along with that the demand for fitness wear and sports equipment has risen in the country…
• DLF Mall all set to roll out ‘ACTIVE NOIDA’ initiative
  21 April 2022,retail4growth.com
  ACTIVE NOIDA is a platform aimed at encouraging active outdoor lifestyle among the citizens of Noida, and the first edition of the initiative will commence on the occasion of World Earth Day on 22nd April, with a plantation drive across different parts of the city…
• Aura Air Expands Product Portfolio, Launches its Smart Air-Purifiers in India
  21 April 2022,indianretailer.com
  Aura Air air-purifiers detect, capture, and kill 99.9 perfect of viruses, bacteria, mold and can remove airborne particles as small as 0.3 microns, including allergens and viruses…
• Startups seek to expand FASTags beyond electronic toll collections
  21 April 2022,livemint.com
  NEW DELHI : FASTags are set to see an expanded role beyond the government’s original aim of electronic toll collections…
• How new-age organic retail brands can empower India’s farmers and take their produce to the end customers
  21 April 2022,timesofindia.indiatimes.com
  India is among the top five agricultural economies in the world, with the sector providing livelihood to over 50% of the population and contributing nearly 18% to the country’s GDP…
• Fashion brands are trendsetter of India’s e-commerce industry
  21 April 2022,financialexpress.com
  In the last few years, India’s retail industry has emerged as one of the most dynamic and fast-paced industries with a large population of young aspiring consumers. According to the Unicommerce e-commerce fashion report, the fashion industry reported a 51 per cent order volume growth in FY 2021 as compared to the previous financial year…
• From credit to logistics, Arzooo gives offline retailers the edge to take on the might of Amazon, Flipkart
  21 April 2022,economictimes.indiatimes.com
  Online shopping has not only come a long way in the last decade, it has also changed the way we shop offline…
• Neotia Arts Trust presents ‘The Weekend’ by The India Story
  21 April 2022,telegraphindia.com
  Showcasing: Our menswear continues to showcase a lot of lightweight linens with interesting interpretations on silhouette and prints. The most important aspect of our design language is style with timelessness. We want our customers to feel strong and powerful. You will find lots of interesting kurtas, shackets and shirts that come with this unique ability to be styled in so many ways…
• A #ConsciousEffort towards mindful fashion consumption
  21 April 2022,telegraphindia.com
  The fifth edition of the recently concluded #ConsciousEffort conclave saw an interesting series of talks, a design show and a challenge on the sidelines — all with the objective to create and consume mindfully…
• CENTRO brings purpose-driven global footwear and lifestyle brand, TOMS to India
  21 April 2022,aninews.in
  Hyderabad (Telangana) [India], April 20 (ANI/PRNewswire): Centro Brands has announced an exclusive partnership with American lifestyle brand TOMS to launch its footwear in India…
• Whirlpool launched its new range of 3D Cool AI Inverter ACs in India
  21 April 2022,aninews.in
  Whirlpool of India, a subsidiary of Whirlpool Corporation has announced the launch of its new range of 3D Cool AI Inverter Air Conditioners…
• Real Estate Q4 Preview | Demand momentum backed by new products bodes well for industry; margins under pressure
  21 April 2022,moneycontrol.com
  Product launches, robust collections and pre-sales, better pricing power and ability to absorb inflation help large listed players gain market share…
• Future proposes to transfer 45% of its debt to Reliance
  20 April 2022,retail.economictimes.indiatimes.com
  Against outstanding loans of ₹28,921 crore owed by the 19 companies involved in the deal as of January 31, 2022. Future Group has proposed to transfer ₹12,612 crore owed to lenders, and domestic and offshore bondholders to RIL…
• Industry wants government to fix small etail’s GST compliance problem
  20 April 2022,retail.economictimes.indiatimes.com
  Section 24(ix) of the CGST Act, 2017, states that “any person who supplies goods through an e-commerce operator, is required to compulsorily register under GST, irrespective of the turnover of such persons.”…
• Reliance Brands signs pact to pick controlling stake in Abu Jani Sandeep Khosla
  20 April 2022,retail.economictimes.indiatimes.com

  Reliance Brands signs pact to pick controlling stake in Abu Jani Sandeep Khosla…

• Former Myntra CFO Ramesh Bafna frontrunner to be new Zilingo CEO
  20 April 2022,retail.economictimes.indiatimes.com
  This comes at a time when the Zilingo’s board is thinking about removing cofounder and CEO Ankiti Bose, who is presently suspended from the ecommerce firm…
• P&G India appoints LV Vaidyanathan as its new CEO
  20 April 2022,retail.economictimes.indiatimes.com
  P&G’s three entities in India, which sell products ranging from detergents and shampoo to razors and sanitary napkins, have a combined revenue of under $2 billion, less than 3% of its overall sales. P&G India has invested more than Rs 2,000 crore in India in the past few years, mainly to set up manufacturing units to reduce dependence on pricier imports…
• Nuts and dried fruits brand Nutraj reports Rs 900 cr revenue in FY 22, aims to touch Rs 1500 cr mark next year
  20 April 2022,retail.economictimes.indiatimes.com
  VKC Nuts is one of the oldest and largest players in the country which sells, processes, packs, distributes, exports, and imports nuts and dried fruits…
• The supply chain in brand communications
  20 April 2022,retail.economictimes.indiatimes.com
  At the direct to consumer brands, the entire supply chain seems to be up for display, paving the way for responsible consumerism…
• Flipkart acquires D2C SaaS platform ANS Commerce
  20 April 2022,retail.economictimes.indiatimes.com
  The Bengaluru-based company said in a press statement that the ANS has more than 100 clients and that the company will continue to operate as an independent business under its existing leadership team…
• Myntra doubles office space in Bengaluru
  20 April 2022,retail.economictimes.indiatimes.com
  “Myntra’s new office space is a reflection of our continuous efforts to stay ahead of the innovation curve in the field of democratising fashion, beauty and lifestyle,” said Nandita Sinha, CEO, Myntra. Myntra’s new facility has a seating capacity of around 2,600…
• How small sellers are likely to benefit from super app Tata Neu’s launch
  20 April 2022,retail.economictimes.indiatimes.com
  Pratik Pal, CEO of Tata Digital, says the growing footprint of the app will translate to many advantages for small sellers as well as retailers in the ecosystem…
• Aseptic carton major SIG Group to set up manufacturing plant in India, invest 60 million euros
  20 April 2022,retail.economictimes.indiatimes.com
  The company is currently scouting for locations. Once finalized, the manufacturing unit will be set up in 12-18 months’ time, shared Sigrist adding that the brand is looking to start local production by 2024…
• Don’t impose Covid curbs based on positivity rate alone: Traders’ body to DDMA
  20 April 2022,retail.economictimes.indiatimes.com
  CTI Chairman Brijesh Goyal said the news of increasing coronavirus cases in the capital has created an atmosphere of fear among the traders. He said, “Now the marriages have also started and somehow the business is getting back on track. If there is any restriction,…
• Sports apparel firm Under Armour shifts to distributor model
  20 April 2022,retail.economictimes.indiatimes.com
  “We have acquired the assets of Under Armour in India and the core team has moved to the new company,” said Goculdas who floated Underdog Athletics in April 2021 to prepare the takeover…
• Dabur India to induct 100 electric vehicles for last-mile product distribution
  20 April 2022,retail.economictimes.indiatimes.com
  The move will help the company move closer to its mission of achieving carbon neutrality in its operations and will result in a sizeable reduction of carbon emissions annually, Dabur said, adding it comes close on the heels of the company achieving plastic waste neutrality in India…
• Yoga Bar maker triples sales during FY22; to expand into newer categories beyond breakfast
  20 April 2022,retail.economictimes.indiatimes.com
  Founded in 2014 by sister entrepreneurs — Suhasini Sampath and Anindita Sampath Kumar, Yogabar makes a host of snacks from ayurvedic Juices and Quinoa to oatmeal and trail mixes…
• Samsung India to start selling televisions from mobile phone stores
  20 April 2022,retail.economictimes.indiatimes.com
  The company also intends to double the number of stores which would sell its super-premium range of QLED televisions priced over Rs 1 lakh to triple the segment sales in 2022. Last year, it doubled the business, said Mohandeep Singh, Samsung India’s senior vice president for consumer electronics business…
• Lava eyes long-term association with supply chain partners to rebuild smartphone business; bullish on 5G
  20 April 2022,retail.economictimes.indiatimes.com
  5G is a clear focus area for the domestic handset maker, which is investing heavily to bolster its local research and development (R&D) capabilities. The company is also working to reduce 5G smartphone prices to Rs 10,000 by the end of this fiscal year…
• Urban Square Ties Up with Lifestyle to Open its First Store in Udaipur
  20 April 2022,indianretailer.com
  Lifestyle is a recent addition to the list of 55+ global brands along with its anchor’s stores that have been associated with Urban Square…
• IHCL announces new Taj hotel in Chennai
  20 April 2022,newindianexpress.com
  CHENNAI: The Indian Hotels Company Ltd, the largest hospitality company on Tuesday announced the signing of an agreement to set up another Taj hotel in the city, as part of plans to strengthen its presence in key markets across the country…
• How De Beers is Expanding its Retail Footprint Through its Exclusive De Beers Forevermark Boutique
  20 April 2022,indianretailer.com
  One of the most important aspects of brand building is to reach a point where consumers can feel a connection with the brand. This can in fact take a lot of time as a result of many tireless efforts, which eventually can elevate a brand to reach the status of feeling accomplished…
• Under Armour’s India MD takes over the brand’s domestic operations
  20 April 2022,timesofindia.indiatimes.com
  NEW DELHI: Tushar Goculdas, former MD of Under Armour India has taken over the US sportswear giant’s domestic operations…
• Amazon Retail India launches its first Mango collection center in Ratnagiri, Maharashtra
  20 April 2022,apnnews.com
  In an endeavor to empower the farmers of Ratnagiri and offer high-quality fresh mangoes to its customers, Amazon Retail India launched its first collection centre in Ratnagiri, Maharashtra. This collection center will assure farmers of fast payments, fair and transparent pricing, and guidance on farming. Additionally, this facility will be a channel to provide a source of authentic mangoes like Ratnagiri Alphonso, Devghad Alphonso, Organic Alphonso and premium Kesar variants among others for the customers…
• Tayima Foods Hops On The Digital India Bandwagon With Their New Launch I’M HONEY
  20 April 2022,thehindu.com
  For the first time in India, no shop, no salesperson, no cashpoint….. just a tap on your phone screen, and take home all the honey that your heart desires! Tayima foods has taken the digital leap many miles ahead of its time!…
• BlueKaktus integrating 5000+ vendors and enabling leading fashion brands to become sustainable
  20 April 2022,investing.com
  New Delhi, April 19 (IANS) The fashion and apparel industry has taken a sharp pivot towards sustainability in the recent years. Fashion brands are actively integrating innovative environmental, social and economic practices in their manufacturing and distribution processes. And, India’s leading fashion and lifestyle digital supply chain platform, BlueKaktus is enabling these stakeholders to achieve this goal…
• Why Reliance is betting big on lingerie; influencers’ incomes on the rise
  20 April 2022,thehindu.com
  After three acquisitions in two years, Reliance now owns no less than six lingerie brands. You might think that’s overkill, but there are plenty of reasons for the company’s shopping spree. For one, women’s innerwear is projected to be an $8.5 billion opportunity in three years as it undergoes a transformation…
• Khadim ropes in Shardul Thakur as Brand Ambassador
  20 April 2022,aninews.in
  Kolkata (West Bengal) [India], April 19 (ANI/PNN): Khadim, the homegrown footwear brand synonymous with affordable fashion, has roped in cricketer Shardul Thakur as their Brand Ambassador…
• Pandemic gave a big push to audio device sales: Ubon & VingaJoy
  20 April 2022,thehansindia.com
  What are the company’s offerings?Considering the everyday demands of tech savvy consumers, there was a need to come up with something different, innova…
• ED attaches assets worth over Rs 757 cr of Amway India in money-laundering probe
  19 April 2022,retail.economictimes.indiatimes.com
  An Amway spokesperson said they are cooperating with the authorities “towards a fair legal, and logical conclusion of the outstanding issues”…
• Centre denies reports of GST council planning to raise 5% tax slab to 8%
  19 April 2022,retail.economictimes.indiatimes.com
  The sources confirmed to ANI that there is no such proposal from the Council, this news is speculative and there is no truth in it…
• Swiggy, Zomato invest in restaurant management platform UrbanPiper

  19 April 2022,retail.economictimes.indiatimes.com
  “With this investment, we will continue to widen UrbanPipera’s offerings to meet many more digital opportunities in the restaurant ecosystem, along with bolstering our platform capabilities,” said Saurabh Gupta, CEO, UrbanPiper…

• Exports rise 37% to US$18.8 bn during April 1-14
  19 April 2022,retail.economictimes.indiatimes.com
  Imports during the period rose by 12.24 per cent to USD 25.84 billion, the data showed…
• Denim companies embrace blended jeans as cotton prices scorch
  19 April 2022,retail.economictimes.indiatimes.com
  Raw cotton prices have more than doubled from Rs 35,000 per candy of 356 kg in mid-2020 to over Rs 75,000 now…
• Zepto starts 10-min pilot for snack delivery in Mumbai, won’t send food
  19 April 2022,business-standard.com
  CEO Aadit Palicha says delivery partners won’t be at risk and will travel short distances…
• Varun Beverages hits record high on strong demand for soft drinks
  19 April 2022,business-standard.com
  Varun Beverages hits record high on strong demand for soft drinks…
• As more diners step out post covid, nightlife gets a boost
  19 April 2022,livemint.com

  NEW DELHI : Bars, pubs and nightclubs are reporting a sharp rebound in footfall, with improving walk-ins and resumption of live events, according to a Mint survey. While a few establishments said sales and footfall have been the highest since the onset of the pandemic, for others, business transactions matched December 2021 levels, with a rise in the number of dinners visiting bars and pubs following a drop in covid-19 cases…

• Tipplers left disappointed as Kolkata bars, restaurants & off-shops run out of beer
  19 April 2022,retail.economictimes.indiatimes.com
  Beer has been scarce at most outlets due to a disruption in the supply chain triggered by a switch in the distribution pattern…
• Good spirits: Jimmy’s Cocktails shows how to make a toast and drink it too
  19 April 2022,retail.economictimes.indiatimes.com
  An evening of pub-hopping encouraged some friends to set up Jimmy’s Cocktails to capture an untapped alco-bev and beverage market…
• Get ready for a spring refresh with R CITY’s ‘Spring Fiesta’
  19 April 2022,mid-day.com
  R CITY mall, one of Mumbai’s iconic lifestyle shopping and entertainment destinations known for its blend of both Indian and international brands, is back with another extraordinary experience for its patrons with its ‘Spring Fiesta’ which will be held till 1st May, 2022..
• Growing concern as wholesale inflation up to 14.55%, pressure on retail prices
  19 April 2022,indianexpress.com
  WITH PRICES of crude oil and other commodities rising due to disruptions in global supply chains in the wake of the Russia-Ukraine war, the Wholesale Price Index or WPI-based inflation surged to 14.55 per cent in March 2022, after a 13.11 per cent reading in February 2022…
• India’s March WPI inflation accelerates, adding pressure on retail prices
  19 April 2022,reuters.com
  NEW DELHI, April 18 (Reuters) – India’s annual wholesale inflation rate accelerated to 14.55% in March, completing a year in double-digit territory as firms grapple with rising input costs and pass on higher prices to consumers…
• Explained in charts: India’s inflation situation and its impact on households
  19 April 2022,timesofindia.indiatimes.com
  NEW DELHI: Soaring prices of food items amid hardening global commodity prices have put an added burden on common man’s pockets…
• Bankers start raising retail, corporate loan rates

  19 April 2022,livemint.com
  MUMBAI : State Bank of India (SBI) has raised loan rates for corporates and some retail borrowers by 10 basis points, setting the stage for a wave of rate hikes across the banking sector. The rate hike, the first from India’s largest lender in more than three years, indicates the turn in the interest rate cycle, as rising inflation prompts central banks to exit easy money policies…

• Arvind Fashions, Metro Brands optimistic as retail sector growth returns to pre-COVID levels
  19 April 2022,moneycontrol.com
  Retail sales grew 28% year-on-year in March, with the removal of pandemic-related restrictions driving retail businesses…
• RIL’s massive cash chest to help take on PE suitors for Boots retail chain
  19 April 2022,moneycontrol.com

  Has already acquired online medicine seller NetMeds in India; Boots deal will help it launch NetMeds overseas, bring offline retail chain to India, say analysts…

• How 2 recessions changed what we wear
  19 April 2022,businessinsider.in
  The past two recessions have shaped key sectors of the fashion industry over the past 15 years. The 2007 financial crisis accelerated the rise of fast fashion among millennials much the same way that the coronavirus recession heightened a shift toward the secondhand clothing market among Gen Z. While both generations shop in both markets, each served as the trendsetters during the economic downturns they came of age in…
• Forever New India appoints Shivani Goel as VP, marketing
  19 April 2022,brandequity.economictimes.indiatimes.com
  Goel would be spearheading brand communications across all channels, brand strategy, retail marketing & public relations with a focus on excellence in CRM, e-commerce dominance, influencer management, digital marketing, and the brand ambassador program…
• Campus shoes IPO expected to hit in May, company to expand distribution footprint
  18 April 2022,retail.economictimes.indiatimes.com
  Campus Activewear claims a market share of 17 per cent in branded sports and athleisure footwear industry in India by value for FY21…
• Many FMCG companies take recent online launches offline
  18 April 2022,retail.economictimes.indiatimes.com
  With ecommerce doubling its contribution over the past two years, several mainstream companies either launched online-only brands or acquired stakes in existing D2C companies…
• GST Council may do away with 5% rate; move items to 3% & 8% slabs
  18 April 2022,retail.economictimes.indiatimes.com
  Currently, GST is a four-tier structure of 5, 12, 18 and 28 per cent. Besides, gold and gold jewellery attract 3 per cent tax. In addition, there is an exempt list of items like unbranded and unpacked food items which do not attract the levy…
• Products of 30,000 small brands cater to 80% of India’s population: Report
  18 April 2022,retail.economictimes.indiatimes.com
  The survey was conducted on the basis of use of item including food grains, oil, grocery, personal cosmetics, inner wear, ready-made garments, beauty and bodycare, footwear, toys, educational games and healthcare…
• Flipkart’s social commerce arm Shopsy may hit 100 mn users this year
  18 April 2022,business-standard.com
  Social commerce is expected to be about a $70 billion market opportunity in the next few years…
• Ecommerce logistics firms give aggregators a price shock
  18 April 2022,retail.economictimes.indiatimes.com
  The hike in prices effective earlier this month, said those briefed on the matter, is more tactical in nature as the logistics players found that aggregators were offering aggressive pricing for per-shipment deliveries compared with their own rates for enterprise clients or even SMEs…
• Consumer goods cos accelerate workforce formalisation to reduce costs, step up productivity
  18 April 2022,retail.economictimes.indiatimes.com
  Large consumer goods companies in India have started accelerating formalisation of their workforce with staffing solutions, to eliminate unnecessary costs, reduce attrition and increase productivity, said TeamLease Services VP & business head, consumer & healthcare, Balasubramanian A…
• CPI may not accurately reflect your inflation burden; find out your personal inflation
  18 April 2022,retail.economictimes.indiatimes.com
  The overall inflation rate measured by the Reserve Bank of India (RBI) is the weighted average rate of price rise of different items in the consumption basket. However, the inflation measured by RBI varies differently at individual levels. Find out how to measure the personal inflation rate.The overall inflation rate measured by the Reserve Bank of India (RBI) is the weighted average rate of price rise of different items in the consumption basket. However, the inflation measured by RBI varies differently at individual levels. Find out how to measure the personal inflation rate…
• Packaged food likely to see FSSAI health star ratings after one year
  18 April 2022,business-standard.com
  This move by FSSAI will impact food companies, including Hindustan Unilever, ITC, Britannia, Nestle India, and Amul…
• Roaming, grooming, protecting – Three activities that define young men in New India
  18 April 2022,theprint.in
  The central aim of this book is to look at how gendered subjectivities and embodiments are constructed and performed for and by young men in this ‘new’ India and what consequences this has for gendering urban spaces, as well as India itself. With this central analytical aim, I primarily use the themes of roaming, grooming and protecting to present my ethnographic data and findings…
• The future is hybrid: ways retailers can embrace smart commerce, according to Deloitte
  18 April 2022,inventiva.co.in
  COVID-19 has affected the retail business and has been a tremendous stimulant for expanding internet commerce in India during the last two years, even attracting new users from non-urban areas. Ecommerce platforms continue to outperform physical purchasing in terms of ease, lower pricing, accessibility, and variety of options…
• Realty hot spot: Well-connected Mumbai locality with many multi-storey projects by well-known developers
  18 April 2022,economictimes.indiatimes.com
  This week’s realty hot spot looks at Thane west in Mumbai. The area hosts good schools, hospitals, malls and several multi-storey projects by well-known developers. It has excellent connectivity to other parts of Thane city and MMR via the NH-48, Eastern Express Highway and Old Agra Road…
• Understanding real estate investment trusts
  18 April 2022,deccanherald.com
  Apart from providing safety and security, having one’s own home is the ultimate dream for most households in India. The flip side, though, is that it requires a huge capital outlay besides other issues like encroachment, defective title deeds, proper…
• Adani Solar expands PV panel retail distribution to Tamil Nadu
  18 April 2022,pv-magazine-india.com
  The solar manufacturer, with a 3.5GW cell and module production capacity, has expanded its retail sales footprint to Tamil Nadu with Festa Solar as the official distribution partner for the region…
• Athleisure: Breaking a sweat
  18 April 2022,financialexpress.com
  One of the fastest-growing apparel segments, athleisure is going beyond metros, with brands looking at experiential retailing…
• V-Mart announces special offers in view of Ramadhan
  18 April 2022,greaterkashmir.com
  Srinagar, Apr 17: In view of Ramadhan, V-Mart has come up with great offers apart from providing items at the most affordable prices…
• Aarke Ritu Kumar launches its first retail store in Gurugram
  18 April 2022,indulgexpress.com
  The brand currently retails through its other stores in Mumbai, Bangalore and Jalandhar, along with its website, www.Aarke.in and portals such as Myntra, Tata Cliq and Nykaa Fashion…
• Senco Gold files DRHP with Sebi for Rs 525-crore IPO
  16 April 2022,retail.economictimes.indiatimes.com
  The IPO comprises fresh issue of equity shares aggregating up to Rs 325 crore and an offer for sale of equity shares aggregating up to Rs 200 crore by selling shareholder SAIF Partners India IV Limited. The company proposes to utilise Rs 240 crore of net proceeds from the fresh issue towards funding working capital requirements and the rest towards general corporate purposes…
• Swiggy leads $180 million funding round in Rapido
  16 April 2022,retail.economictimes.indiatimes.com
  The investment deal will help Swiggy enhance its last-mile delivery capabilities and bolster its quick commerce ambitions under Instamart…
• Mobile retailers’ body to seek govt intervention against e-commerce onslaught
  16 April 2022,retail.economictimes.indiatimes.com
  “The situation is extremely fragile due to the unethical, discriminatory, and monopolistic business practices by online sales platforms. Several shops are closed and now retailers are even taking an extreme step like suicide…
• Zomato to discuss new delisting policy with restaurants body next week
  16 April 2022,retail.economictimes.indiatimes.com
  The advisory, sent to restaurant partners on Wednesday, triggered a pushback from NRAI, which represents over 500,000 restaurants. On April 15, NRAI president Kabir Suri discussed the association’s concerns over a call with Zomato cofounder Mohit Gupta…
• Mid-income, poor households feel the inflation squeeze
  16 April 2022,livemint.com
  NEW DELHI : Higher prices of everything from fuel to daily-use goods are hurting middle- and low-income households. This is likely to squeeze demand for both essential and discretionary goods, companies and analysts said…
• Consumer sentiment dips in April
  16 April 2022,livemint.com
  New Delhi: Consumer sentiment among urban Indian households dipped 0.4 percentage points in April, according to the Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI) monthly report for India…
• Q4 expectations: Price hikes may help FMCG firms report higher sales
  16 April 2022,business-standard.com
  Fast-moving consumer goods (FMCG) companies are expected to report strong revenue growth. This is largely on the back of price hikes by companies in the January-March quarter owing to higher commodity costs. Discretionary spends improved compared to staples in the quarter, but Omicron did have an impact…
• After meteoric rise, Ayurveda products losing momentum
  16 April 2022,retail.economictimes.indiatimes.com
  For instance, the contribution of the herbal segment in oral care has remained at 28% for the past two calendar years, said industry executives citing Nielsen…
• A full plate: Meet Zorawar Kalra, founder & MD of Massive Restaurants
  16 April 2022,business-standard.com
  On an expansion spree, in India and overseas, Kalra tells Akshara Srivastava he is also determined to make Massive the country’s biggest internet food company…
• Daalchini Tech expects to clock Rs 50 crore revenue in FY23
  16 April 2022,rzeebiz.com
  Retail tech startup Daalchini Technologies is expecting to grow multi-fold and clock a revenue of Rs 50 crore during the current fiscal with offices and institutions reopening in the country, a senior official of the company said on Friday…
• Russia reaches out for food, grocery supplies from India
  16 April 2022,livemint.com
  BENGALURU : With its departmental stores running out of groceries, sanctions-hit Russia has reached out to Indian retailers and agro exporters for urgent supplies, more so as the EU has stopped supplies for the second month in a row…
• Jahangirpuri violence: 14 arrested after Delhi Hanuman Jayanti clash, 10 police teams formed
  16 April 2022,dnaindia.com
  The reports of communal violence have taken the country by storm as after states such as Madhya Pradesh and West Bengal, a violent brawl broke out in the national capital Delhi in the Jahangirpuri area during a procession on Hanuman Jayanti…
• Indians cut spending on everyday items
  16 April 2022,hindustantimes.com
  Companies have raised prices of nearly everything, from packaged noodles to detergents, mainly because of cost-push inflation, which refers to higher prices of raw materials…
• Reliance, India’s Largest Company, May Potentially Buy Walgreens’ British Drugstore Business
  16 April 2022,forbes.com
  Reliance Industries is one of the world’s largest multinational conglomerates and is India’s largest private sector company. The industry giant has robust business units that span across multiple verticals, including textiles, energy production, telecom, and scientific research, just to name a few. The company is a staple in nearly Indian household, ringing familiar as one of the most dynamic and innovative successes to have emerged from the Indian subcontinent…
• This homegrown kids clothing brand is the preferred choice of celebrities and regular moms alike
  16 April 2022,yourstory.com
  Parents of little children who grew up in the 80s and 90s in India are familiar with the woes of shopping for nice clothes for their kids. The dearth of occasion wear led many families to stitch clothes themselves inspired by what they saw on movies and TV shows, while others relied on gifts from family members who lived abroad…
• ESG compliance by retailers could win customer connect, marketshare gains
  16 April 2022,livemint.com
  NEW DELHI: Retailers complying with ethical and transparent sourcing practices could benefit from better customer connect and gain market share at the expense of those who don’t, analysts at brokerage Jefferies said in a report…
• On This Bihu, Lifestyle Celebrates Style Icon Contest 2022 In Guwahati
  16 April 2022,guwahatiplus.com
  India’s leading fashion destination, Lifestyle celebrated Style Icon Contest 2022 in Guwahati. The contest invited male and female fashionistas from across the city to flaunt their unique style. The two contest winners won vouchers worth Rs.25,000 each from Lifestyle…
• These Indian home decor startups are revolutionising the interior design space
  16 April 2022,yourstory.com
  Who doesn’t want their home to look good and inviting? In many ways, the COVID-19 pandemic helped us reconnect with our homes and made home decor an essential part of life, thanks to rising disposable income…
• Flipkart invests $116 million in fashion retailer Myntra amid challenge from Reliance, Nykaa
  15 April 2022,retail.economictimes.indiatimes.com

  The new investment comes as Myntra is facing new challenges, with Reliance’s Ajio emerging as a significant second player in the market. Beauty retailer Nykaa is also venturing into fashion, which Myntra has dominated for over a decade…

• Zomato’s new policy stokes concern from NRAI
  15 April 2022,retail.economictimes.indiatimes.com
  ET has reviewed the contents of the email, which says the policy will be effective from April 18. Once a complaint is received from a customer, Zomato will undertake an investigation to ascertain its genuineness, it said..
• PLI scheme for textiles: Govt approves 61 proposals of over Rs 19,000 crore
  15 April 2022,retail.economictimes.indiatimes.com
  Textile Secretary U P Singh said that a total of 67 proposals were received under the PLI scheme for the textiles sector. The proposed investment expected from the approved applicants is Rs 19,077 crore and the projected turnover is Rs 184,917 crore, Singh said…
• Sequoia’s Shailendra Singh leaves Zilingo board amid accounting probe
  15 April 2022,retail.economictimes.indiatimes.com
  Shailendra Singh resigned as a director about a week ago, after the departures of Temasek Holdings Pte’s Xu Wei Yang and Burda Principal Investments Ltd.’s Albert Shyy. Sequoia plans to appoint a replacement and still holds the board seat…
• Hermes Q1 sales rise 27% at constant exchange rates
  15 April 2022,retail.economictimes.indiatimes.com
  The French luxury group said revenues at constant exchange rates came in at 2.8 billion euros ($3.06 billion) in the three months to March, up 27% at constant exchange rates, beating consensus estimates, which had forecast 15% organic growth…
• Grocers push through inflation, passing higher prices to shoppers
  15 April 2022,livemint.com
  Rising food prices are helping boost sales and profits for U.S. grocery chains, as some retailers said that consumers so far are accepting higher prices…
• Oberoi Realty appoints Sameep Pathak as CEO of its Mall business
  15 April 2022,economictimes.indiatimes.com
  Property developer Oberoi Realty has appointed Sameep Pathak as Chief Executive Officer of its malls business…
• Signpost India bags experiential and advertising mandate for Mumbai Metro Rail Network
  15 April 2022,afaqs.com
  Signpost India has been awarded the exclusive mandate of experiential and advertising rights for the Mumbai Metro Rail Network stations for a tenure of 15 years by Maha Mumbai Metro Operation Corporation, Mumbai (A part of MMRDA)…
• Regional Foods announces plans of pan-India expansion
  15 April 2022,uniindia.com
  Thane, Apr 14 (UNI) Regional Foods restaurant brands, Metkut and Kath N Ghat, which offer traditional Maharashtrian delicacies, have chalked out aggressive expansion plans in India post tasting success in the hospitality industry for over seven years.Announcing their expansion plans , Chef Sunny Pawaskar, director, Regional Foods Pvt Ltd, said, “We have tasted the success in this industry for the last seven years. Now, we are ready to take the big leap. As part of our expansion plan, in August 2019, we have set up our central kitchen in Thane itself, which is spread over 2,500 square feet. Metkut got its first franchisee in December 2020 when the entire world was facing tough situations due to the Covid-19 pandemic. Now, for Metkut itself, we are looking at opening 50 outlets in the next three years.”For this, Metkut is looking at expanding by adopting three different models –.one is they are looking at opening their outlets in malls in food courts, he said.Besides, Metkut is also looking at opening up restaurants on highways like Pune-Kolhapur National Highway, he informed and said thirdly, Metkut is looking at opening restaurants in Hi-street areas also.”Also, we are entering into the sweets and spices market under the brand name of MetKut itself and it will be available to customers through our existing outlets as well as online,” he noted.On expansion plans of Kath N Ghat, a fine dining restaurant based out of Thane, Chef Pawaskar said, “Post tasting success for the last five years, we are looking at opening up four more restaurants in the next two years time. Of which, two of them we are planning in Mumbai itself. Besides, we are also looking at expanding our base in major metro cities such as Bangalore, Hyderabad, Delhi, Rajasthan, Nagpur, Pune and Goa.”The restaurant offers a wide range of vegetarian and non-vegetarian delicacies from across Maharashtra, such as Mutton Thali, Malvani Surmai Fish Fry, Saoji Mutton, Chicken Roast, Khandeshi Chicken, etc, he informed…
• India’s Voice Commerce Shoppers Set to Rise to 168 Mn
  15 April 2022,indianretailer.com
  Over time, voice shopping has influenced the way customers purchase online. It has also affected their shopping behaviour, making it even more crucial for businesses to include voice in their marketing strategies…
• Madhumita, Sunita are regional brand ambassadors for Senco
  15 April 2022,millenniumpost.in
  Senco Gold & Diamonds, one of the largest organised jewellery retail players of Eastern India today roped in renowned Bengali actress Madhumita Sarcar and the popular Assamese actress and dancer, Sunita Kaushik as its regional ambassadors…
• Shree Opens First Flagship Store in Delhi NCR
  15 April 2022,indianretailer.com
  The brand is looking to open 50+ stores in India this year alone. Despite the pandemic, Shree has continued to grow and expand its footprint across India and internationally…
• Signia Opens First of its Kind Interactive Concept Store
  15 April 2022,indianretailer.com
  The Brilliant Sound Galaxy is an interpretation of modern-day hearing care that provides complete quality hearing care solutions for hearing impairment…
• VingaJoy introduces “PUSHPA” Series Wireless Neckband at Rs. 1,999 in India
  15 April 2022,apnnews.com
  VingaJoy, one of India’s most trusted mobile accessories and electronic brands, has announced the launch of its premium VingaJoy CL- 404 PUSHPA Series Wireless Neckband. A new wireless neckband that allows users to seamlessly take conference calls, listen to music and walk freely…
• Fame Forever by Lifestyle launches their latest campaign, ‘Wear it. Pair it. Anywhere it.’
  15 April 2022,prnewswire.com
  BANGALORE, India, April 13, 2022 /PRNewswire/ — Lifestyle, one of India’s leading fashion destination for the latest trends, launches their newest campaign for Fame Forever- ‘Wear it. Pair it. Anywhere it.’ The collection features functional pieces that are essential for men, women and kids at affordable prices. The collection offers a range of versatile creations that can be styled in different ways to create countless looks…
• Laura Ashley to relaunch fashion division in partnership with IMG
  15 April 2022,fashionunited.in
  British heritage brand Laura Ashley is set to make its return to fashion as its owner, Gordon Brothers, established a new multi-year partnership with IMG…
• Retail jeweller Senco Gold & Diamonds on Thursday rolled out it its first phase of ‘hyperlocal’ strategy
  15 April 2022,economictimes.indiatimes.com
  After receiving Rs 75 crore from Oman India Joint Investment Fund II, leading retail jeweller Senco Gold & Diamonds on Thursday rolled out it its first phase of ‘hyperlocal’ strategy…
• Kolkata: Realty company to invest Rs 200 crore in business tower
  15 April 2022,timesofindia.indiatimes.com
  KOLKATA: With office space demand in the city on the rise, Merlin Group, one of the leading real estate players in India, looks all set to invest Rs 200 crore for setting up a commercial tower in Salt Lake Sector V…
• Hubble raises $3.4 m from Sequoia, Kunal Bahl others
  15 April 2022,devdiscourse.com
  It brings consumers and top brands closer and allow consumers to get more out of their savings.The funding will be use to build a robust decentralised savings infrastructure to power its consumer-facing applications, onboarding leading brands onto its platform, and for hiring, the Bengaluru-based startup said.Neeraj Tulsyan and Mayank Bishnoi, both IIT and ISB graduates, started Hubble to address the issues about financial savings by supporting consumers in making their lifestyle goals more affordable…
• Prabhat Pheri, feasts, cultural events to usher in Poila Baisakh
  15 April 2022,timesofindia.indiatimes.com
  Kolkata: The past two Bengali New Years came and went without much ado as the surging pandemic waves had confined people to their homes. But now that Covid cases have dropped, the city is all decked up to usher in Poila Baisakh with cultural events lined up at neighbourhoods, special Bengali meals and Prabhat Pheri, traditional processions to criss-cross the roads early in the morning…
• TPG-backed FirstCry nears $700 million IPO filing
  14 April 2022,retail.economictimes.indiatimes.com
  The online baby product marketplace is seeking a valuation of at least $6 billion, said the people, who asked not to be identified as the information is private. The issuance will include both new and existing shares and a listing could take place as soon as this year, the people said…
• N Chandrasekaran formally takes charge as chairman of Tata Digital
  14 April 2022,retail.economictimes.indiatimes.com
  ​For Chandrasekaran, who was reappointed as the chairman of Tata Sons for another five years in February, Tata Digital has been his brain child since he took charge as Tata Sons chairman…
• Dr Oetker becomes market leader in peanut butter category; to cross Rs 500 cr turnover in 2022
  14 April 2022,retail.economictimes.indiatimes.com
  The company on Tuesday announced that it has become a market leader in the peanut butter category with about 30 per cent market share…
• CoutLoot launches wholesale platform to connect sellers to manufacturers directly
  14 April 2022,retail.economictimes.indiatimes.com
  Through this platform, sellers and merchants can source fast-moving products and categories directly from the manufacturers, eliminating the need for middlemen and increasing profit. The platform would immediately help over 7 lakh sellers source their products faster and also boost their earnings three-fold…
• Impressive start: Super app ‘Tata Neu’ is a superhit among customers
  14 April 2022,retail.economictimes.indiatimes.com
  Tata Neu’s ranking slipped slightly over the past two days to Number 5 – behind Meesho, Flipkart’s social commerce platform Shopsy…
• Rate hikes can come as early as June, economists feel
  14 April 2022,retail.economictimes.indiatimes.com
  MUMBAI/NEW DELHI : With inflation galloping to a 17-month high, economists now expect the Reserve Bank of India to begin rate hikes in June, as the central bank’s options to tame prices without choking growth narrow…
• Exports up 20% to $42 billion in March; reaches $420 billion in FY22
  14 April 2022,retail.economictimes.indiatimes.com
  The country’s exports in March 2022 rose 19.76 per cent to $42.22 billion on account of healthy performance by sectors such as petroleum products, engineering, and leather, even as trade deficit during the month widened to $18.51 billion. In March 2021, exports stood at $35.26 billion, according to a commerce ministry data released on Wednesday…
• Dior, Louis Vuitton power first-quarter sales at LVMH
  14 April 2022,retail.economictimes.indiatimes.com
  High-end fashion brands drove a 30% rise in sales of its largest division, fashion and leather goods, on a like-for-like basis, beating analyst expectations of 17%, according to consensus estimates cited by RBC…
• Ola bets on 10-minute delivery promise, but experts sceptical
  14 April 2022,business-standard.com
  Ola Dash, the quick commerce service that Ola started last year, has taken on a new challenge. Within a month of Zomato announcing food deliveries in 10 minutes, the ride-hailing major has jumped on the bandwagon. According to media reports, the food delivery pilot has started in Bengaluru…
• A strong coffee culture is brewing in India, bit by bit
  14 April 2022,livemint.com
  Something big is brewing in India’s coffee market. Not only are new coffee chains coming up and expanding their footprint, direct-to-consumer artisanal coffee brands are claiming brisk sales as young urban Indians switch to coffee as their preferred drink…
• Blue Star to double production capacity of deep freezers, sets up new unit
  14 April 2022,retail.economictimes.indiatimes.com
  The facility to produce deep freezers and water coolers, was fully equipped with the latest advanced manufacturing systems and imbibes global best practices in its operations, Managing Director B Thiagarajan said…
• Tesco supermarket warns on profit as inflation bites
  14 April 2022,retail.economictimes.indiatimes.com
  The group said factors impacting performance included “the level of cost inflation” along with “investment required to maintain the strength of price position relative to the market”…
• Malls plan rent hikes hearing cash counters ring at stores
  14 April 2022,economictimes.indiatimes.com
  Landlords across malls and high streets are increasing rentals by 15-25% after a two-year hiatus when retailers either squeezed significant discounts or converted minimum guarantee agreements into revenue sharing due to falling footfalls amid Covid-19 and various restrictions…
• Noida launches app to book parking slots online in six multilevel facilities
  14 April 2022,retail.economictimes.indiatimes.com
  NOIDA: From now on, more than 12,600 parking slots in the city can be booked before one steps out of the house with just a few clicks…
• Israeli startup brings its air purifier tech to India
  14 April 2022,timesofindia.indiatimes.com
  The company has set up an India arm in Chennai and is in the process of building a pipeline of prospective individual and enterprise customers. While the product is currently only made in Israel, the company said it is also exploring local manufacturing in India in the long-term…
• MBA Grad Quits Job To Make Kerala’s Banana Chips Global, Clocks Multi-Crore Revenues
  14 April 2022,retail.economictimes.indiatimes.com
  Even as he toiled in the corporate field, Alappuzha native Manas Madhu was constantly thinking about a business plan that he could start from his homeland. “I always knew it should be something related to the food industry. But it wasn’t till I read an article about value addition that I thought of opting for Kerala’s traditional fruits,” says the 36-year-old…
• Why is billing software important for retail shops?
  14 April 2022,mid-day.com
  A retail business’s operations become more difficult to manage as it grows. The use of Billing Software in retail shops ensures complete transparency from the outset. In many cases, retail company owners fail to see the full potential of retail management tools, which results in a lack of potential development in their businesses…
• UK brand Superdry to boost local sourcing
  14 April 2022,livemint.com
  NEW DELHI : British apparel and accessories retailer Superdry will increase its sourcing from India to 25% from the current 20% over the next three years, the company’s founder and CEO Julian Dunkerton said…
• Kryolan Expands Retail Footprint, Opens 2nd Flagship Store in Mumbai
  14 April 2022,indianretailer.com
  Located in Malad, the store is spread across 750 sq.ft and houses over 5,000 products. The newly launched store will offer professionals and artists access to experience the brand’s marquee collection in a suave ambiance…
• India’s voice commerce shoppers set to rise to 168 million
  14 April 2022,livemint.com
  NEW DELHI : India’s userbase of voice commerce shoppers—those who use voice search options for shopping—is set to rise to 168 million shoppers by the end of 2022 up from the current 83 million, according to a report released Wednesday…
• SoftPoS: An explainer
  14 April 2022,timesofindia.indiatimes.com
  The global digital payments landscape and especially India’s has been undergoing a transformation primarily because of the growth of smartphone adoption and payment mechanisms being designed around these phones. This is not to say there wasn’t already a secular growth in digital payments taking place but it was dependent on an acceptance infrastructure being built at merchant locations to support this growth. However, building an infrastructure is also costly and economics means it usually tends to leave merchants at the bottom-part of the pyramid out; a significant chunk of the merchant population…
• Biba Fashion files IPO papers

  14 April 2022,fortuneindia.com
  The IPO comprises fresh equity issuance worth ₹90 crore and an offer for sale (OFS) component of 2.77 crore equity shares by promoter and existing investors…

• Fame Forever by Lifestyle launches their latest campaign, ‘Wear it. Pair it. Anywhere it.’
  14 April 2022,prnewswire.com
  BANGALORE, India, April 13, 2022 /PRNewswire/ — Lifestyle, one of India’s leading fashion destination for the latest trends, launches their newest campaign for Fame Forever- ‘Wear it. Pair it. Anywhere it.’ The collection features functional pieces that are essential for men, women and kids at affordable prices. The collection offers a range of versatile creations that can be styled in different ways to create countless looks…
• As global brands exit Russia, Indian retailers rush in to fill the gap: Report
  14 April 2022,cnbctv18.com
  As global brands exit Russia for invading Ukraine, Indian retailers may be looking to fill the gap. As the Russian invasion of Ukraine continues in its second month, most global retailers have either closed down their operations in the country or exited Russia for good. Brands like Zara, H&M, Mango, Nike and Ikea are among hundreds that have stopped their business in Russia…
• House Of Vian Opens Store at The Dhan Mill, New Delhi
  14 April 2022,indianretailer.com
  A bespoke footwear and accessories label, the brand’s collection is complete with traditional footwear and statement bags. Each product features intricate embroidery, fine textures, and vivacious colors…
• Indian Ethnic Store G3+ Fashion – Making Fashion Accessible
  14 April 2022,hindustantimes.com
  A one-stop solution for everyone’s fashion needs, G3+ Fashion has a massive physical outlet in Surat, spread across a vast area of 40,000 sq feet…
• CPPIB, Tata Realty form joint venture to invest $700 mn in commercial space
  14 April 2022,vccircle.com
  Canada Pension Plan Investment Board (CPPIB), among the most active alternative investors in India’s real estate sector, and Tata Realty and Infrastructure Ltd have announced a new 50:50 joint venture with equity value of Rs 5,300 crore to develop commercial office space…
• Gurugram: Mall sells sewage treatment plant, releases waste into Wazirabad lake
  13 April 2022,timesofindia.indiatimes.com
  GURUGRAM: Central Plaza Mall located along Golf Course Road in Sector 53 allegedly sold off its sewage treatment plant (STP) and has been releasing its untreated waste water into Wazirabad lake. The irregularity came to light after the Gurugram Metropolitan Development Authority (GMDA) recently started the work to rejuvenate the lake…
• Discretionary cos to fare better in Q4
  13 April 2022,livemint.com
  Indian consumer staple companies are expected to face the double whammy of muted demand and higher input costs in the quarter gone by (Q4FY22). However, consumer discretionary companies are expected to fare better this results season. Even so, these companies have borne the impact of restrictions in January because of the Omicron variant of coronavirus…
• Emirati business titan Abdalla alshamsi is all set to enter retail sector in India
  13 April 2022,mid-day.com
  Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new market players. The modern Indian retail industry is expected to grow at a 15% CAGR to reach 18% by 2025. In line with this, many companies are looking to expand their investments in India, and Abdalla Alshamsi is one among them. Abdalla, CEO of Abgulf, a Sharjah-based entrepreneur who owns a slew of multinational corporations in the UAE, stated that his venture and businesses eyes on the growing market popularity of retail sectors in India and are preparing to establish hypermarkets, logistics centers, and commercial developments…
• India’s retail inflation rises to 6.95% in March; IIP remains muted
  13 April 2022,business-standard.com
  India’s annual retail inflation shot up to a 17-month high in March while factory output contracted sequentially in February, complicating policy choices for the central bank…
• After Zomato, Ola pilots 10-min food delivery; Swiggy may explore faster deliveries too
  13 April 2022,retail.economictimes.indiatimes.com
  Ola has begun offering select food items in certain parts of Bengaluru within 10 minutes through its quick commerce grocery delivery arm Ola Dash. Items on the menu include khichdi, pizza and rolls, which Ola described as “freshly prepared”…
• BigBasket gets Rs 1,000 crore investment
  13 April 2022,retail.economictimes.indiatimes.com
  Tata Digital owns an around 64% stake in Supermarket Grocery. Innovative Retail Concepts was made a subsidiary of Supermarket Grocery after Tata Digital acquired the BigBasket operator, ET had reported in October last year…
• Zilingo is said to suspend CEO Ankiti Bose amid investigation
  13 April 2022,retail.economictimes.indiatimes.com
  Ankiti Bose has disputed allegations of wrongdoing and contends her suspension was due in part to her complaints about harassment…
• Future Enterprises defaults on Rs 9.10 cr interest payment for NCDs
  13 April 2022,retail.economictimes.indiatimes.com
  FEL has defaulted interest for the period between October 11, 2021, to April 10, 2022, a regulatory filing from the Future group firm said…
• Enforcement Directorate summons former Xiaomi head in investigation: Sources
  13 April 2022,retail.economictimes.indiatimes.com
  The agency has been probing the company since at least February, and in recent weeks asked Manu Kumar Jain, Xiaomi’s former India managing director, to appear before its officers, the sources said…
• Lenskart all set to close $250 million round
  13 April 2022,retail.economictimes.indiatimes.com
  A portion of the funds raised will be directed to Lenskart’s Thrasio-style direct-to-consumer (D2C) roll-up business, people cited above said…
• Etsy sellers protest fees by halting their sales for a week
  13 April 2022,retail.economictimes.indiatimes.com
  Cassidy and others are also taking issue with Etsy’s advertising policy implemented early in 2020. It requires sellers making at least $10,000 a year on Etsy and who have have their products advertised on Etsy’s offsite social media and search-engine partners, to pay a 12% advertising fee on sales made through the ads…
• Boost to monetisation drive: Govt land parcels to be sold, leased out via GeM portal
  13 April 2022,financialexpress.com
  PK Singh, chief executive officer, GeM, told FE that the platform has initiated discussion with the department of public enterprises (DPE), the ministry of home affairs and agencies like the Delhi Development Authority to conduct land auctions on behalf of various government ministries and departments…
• Boost to monetisation drive: Govt land parcels to be sold, leased out via GeM portal
  13 April 2022,retail.economictimes.indiatimes.com
  The pan-India study conducted by apex retail industry body, the Retailers Association of India (RAI) reveals the West grew at the fastest pace last month as compared to a year back at 37% followed by North at 28%. East grew by 26% and South by 21%…
• Pepperfry launches new furniture fulfillment centre In Gurgaon
  13 April 2022,retail.economictimes.indiatimes.com
  Pepperfry launches new furniture fulfillment centre In Gurgaon…
• After Zomato, Ola pilots 10-min food delivery; Swiggy may explore faster deliveries too
  13 April 2022,retail.economictimes.indiatimes.com
  Ola has begun offering select food items in certain parts of Bengaluru within 10 minutes through its quick commerce grocery delivery arm Ola Dash. Items on the menu include khichdi, pizza and rolls, which Ola described as “freshly prepared”…
• Indian fashion labels are lining up to go public — Fashion brand BIBA files for IPO after Fabindia
  13 April 2022,businessinsider.in
  Women’s fashion brand Biba Fashions is all set to come up with an initial public offering (IPO) as the company has filed a draft red herring prospectus (DRHP) with India’s markets regulator Securities and Exchange Board of India (SEBI)…
• Indian Ethnic Store G3+ Fashion – Making Fashion Accessible
  13 April 2022,hindustantimes.com
  A leading fashion house with an exhaustive assemblage of sartorial masterpieces under its roof, G3+ Fashion has consistently managed to stay at the top of its game by providing customers with nothing but the very best in terms of variety, quality, prices, and more. Mr Jigar Patel established the successful brand- G3+ Fashion that deals in a wide range of exquisite Indian ethnic wear as well as chic Western outfits for men, women, and kids to deliver a complete family shopping solution. Offering their enchanting apparels offline at their flagship store in Surat, Gujarat and also online through their website, they ship to multiple places pan India and also globally to more than 80 countries worldwide…
• Navyasa by Liva Introduces Magic Mirror in its New Phoenix Palladium Mall Store
  13 April 2022,hindustantimes.com
  Navyasa by Liva; a contemporary saree brand from the house of Aditya Birla Group, expanded its retail presence with the opening of its fifth store at Phoenix Palladium, Mumbai…
• As global brands take flight, Indian retailers book tickets for Russia
  12 April 2022,economictimes.indiatimes.com
  Some Indian retailers are in talks to open shops in Russia even as global retail brands such as Zara, H&M, Mango, Nike and Ikea have pulled out from there following Russia’s invasion of Ukraine…
• Looking For a High-Rise Luxury Condominium In Delhi? Here’s What Options You Can Consider
  12 April 2022,economictimes.indiatimes.com
  New Delhi: Tall skylines anchored by impressive high-rise buildings have been the staple image of cities like Mumbai, dominated by office towers and residential condominium skyscrapers. With nearly 200 skyscrapers and 12,000 constructed high-rise buildings, Mumbai has the highest concentration of high-rises in India and is also known to have the 7th highest number of high-rises in the world as well as the highest number of high-rises under construction.Also Read – Delhi: Massive Fire Breaks Out at Fabric Godown in Okhla’s Harkesh Nagar; 18 Fire Tenders at Spot…
• ICRA revises outlook for retail malls from Negative to Stable; maintains office at Stable
  12 April 2022,economictimes.indiatimes.com
  ICRA expects the outlook of commercial real estate, both of the office segment and the retail malls segment to be stable for FY2023…
• Impact of Robotics and Automation on the Retail Industry
  12 April 2022,indianretailer.com
  Robotics and Automation enable FMCG companies to provide faster order fulfillment and subsequently provide material to small retailers or Kirana stores faster…
• Cloudtail sends termination notice to vendors
  12 April 2022,indianretailer.com
  Bengaluru: Cloudtail, one of the largest sellers on Amazon India, has sent out contract termination notices to a bunch of vendors who were working with the firm, saying that it was in the process of ceasing the listing and sale of products on the Amazon marketplace in “near future”…
• Digital-adoption fuels new global capability centres in India
  12 April 2022,economictimes.indiatimes.com
  Bengaluru: What is common among 3M, Airbnb, Lowe’s, Zoom Video Communications, Pratt & Whitney, Tredence, Rolls Royce, Bosch Global Software Technologies?…
• Oman-India joint fund invests Rs 75 cr in Senco Gold

  12 April 2022,retail.economictimes.indiatimes.com
  The investment of Rs 75 crore by Oman India Joint Investment Fund II (OIJIF II) will be through equity for a minority stake, according to a statement…

• How PVR CFO helped the co script mega merger with Inox
  12 April 2022,retail.economictimes.indiatimes.com
  Both companies felt that in order to compete effectively, it has become imperative to pool resources and gain economies of scale for the long-term sustainability of the business which was the key driver for the merger, says PVR CFO Nitin Sood…
• Shopify announces 10-for-1 stock split, proposes founder share for CEO
  12 April 2022,retail.economictimes.indiatimes.com

  Shopify would also seek shareholder approval to authorize and issue a new class of shares, called the Founder share, to Tobi Lutke, its chief executive officer and founder…

• ‘Kirana King at inflection point, has a target to raise store count to 1.5 lakh’
  12 April 2022,timesofindia.indiatimes.com
  For turning dreams into reality, one can go to any lengths. At least, Anup K Kumar, founder and CEO of Kirana King did that when he landed in Dubai in 1998. With a reference from his cousin in Delhi, he got an operations job in an agri-commodity trading company. A few months into the job, his role was upgraded to an accountant’s profile. The generous attention of the owner was not lost on him. He showed his loyalty by still doing general works like opening the office, dealing with walk-in African customers, meeting with suppliers as his extended responsibility…
• Daily Voice | Realty may shine brighter, but power sector valuations look dim, says Gaurav Misra of Mirae Asset
  12 April 2022,moneycontrol.com
  ‘Given that the genesis of the inflation problem is external and not a problem of a ultra-loose domestic monetary policy or over-heating of the economy, I think a calibrated approach by the RBI is appropriate’…
• Mukesh Ambani’s net-zero plan: Inside RIL’s unique energy transition story
  12 April 2022,business-standard.com
  The company has already spent $1.5 bn in acquisitions to lay grounds for its new energy forays that include solar, battery and hydrogen…
• UK retailers see sales slow as cost pressures rise – BRC
  12 April 2022,retail.economictimes.indiatimes.com
  The BRC has estimated that prices among its members rose by 2.1% in the year to March – the biggest such increase in 11 years – making the increase in sales volumes that much smaller…
• FSSAI’s new star rating system for packaged food faces a revolt
  12 April 2022,retail.economictimes.indiatimes.com
  The People’s Vigilance Committee, in an April 8 letter addressed to the health ministry, stated that nutrition warnings on food packs are an “urgently required intervention” to protect public health…
• Ruchi Soya CEO on turning zero-debt co and rebranding as Patanjali Foods
  12 April 2022,retail.economictimes.indiatimes.com
  “We have used most of the proceeds for retiring our debt and other obligations. The balance will be used as working capital and some of it will go to other general corporate purposes. The company is in a very strong position because our cash flows are throwing up more funds for operations and expanding working capital.”…
• Startups, ecommerce and IT firms drive deal values in Q1 2022: report
  12 April 2022,retail.economictimes.indiatimes.com
  Startups recorded the highest number of private equity deals and M&As, according to Grant Thornton Bharat’s Dealtracker report for Jan-March 2022…
• Why Gucci price hikes know no bounds
  12 April 2022,retail.economictimes.indiatimes.com
  Luxury goods tend to stretch the price frontier, but their inflationary effects are swept aside by minuscule consumption…
• Garmin logs double-digit sales growth in India in 2021
  12 April 2022,retail.economictimes.indiatimes.com
  Globally, Garmin recorded consolidated revenue of $4.98 billion in 2021, a 19 per cent increase over the prior year (2020)…
• India among top priority markets; to grow in double digits: Oriflame
  11 April 2022,retail.economictimes.indiatimes.com
  The company which sells cosmetic and wellness products in India also expects a double-digit growth in its sales force, adding more direct sellers in the coming years…
• Retailers rush to open more stores after 2-year Covid lull
  11 April 2022,retail.economictimes.indiatimes.com
  In its report ‘Real Estate Market Outlook 2022 – India’, CBRE South Asia Pvt. Ltd. said retailers are expected to lease over 5.1 million sq ft of space in 2022, coming close to the previous two years’ combined figure of 5.9 million sq ft…
• BookMyShow sees business fast approaching pre-Covid levels
  11 April 2022,retail.economictimes.indiatimes.com
  ​Ashish Hemrajani, founder of the Mumbai-headquartered company, told ET that with the economy opening up, BookMyShow has turned Ebdita (earnings before interest, tax, depreciation, and amortisation) positive…
• ED attaches more assets worth Rs 57.45 cr of Atlas Jewellery Pvt Ltd in 242 cr PMLA case
  11 April 2022,retail.economictimes.indiatimes.com

  ​Money laundering investigation was initiated on the basis of an FIR registered by the Kerala Police against Atlas Jewellery, and Ramachandrans under various sections of the IPC for allegedly cheating South Indian Bank, Round South Branch, Thrissur, Kerala…

• Shopify to allow employees to pick between cash and stock
  11 April 2022,retail.economictimes.indiatimes.com
  The change, which will start from July, was introduced by top boss Tobi Lutke, the company’s spokesperson said in an emailed statement on Friday, adding the change will be across all roles and geographies…
• How social commerce & reselling can become a winning combination
  11 April 2022,retail.economictimes.indiatimes.com
  The great advantage of social commerce is that it brings an even wider base of consumers into the digital fold…
• Trade body CAI cuts India’s 2021-22 cotton production estimate by 2.33%
  11 April 2022,retail.economictimes.indiatimes.com
  “The total cotton supply for the months of October 2021 to March 2022 is estimated by the CAI at 343.68 lakh bales, which consists of the arrivals of 262.68 lakh bales, imports of 6 lakh bales and the opening stock estimated by the CAI at 75 lakh bales at the beginning of the season,” said CAI in a release…
• Gold imports surge to $46.14 bn in 2021-22
  11 April 2022,retail.economictimes.indiatimes.com
  The surge in gold imports during the last financial year contributed to the widening of the trade deficit to $192.41 billion, against $102.62 billion in 2020-21…
• Reverse migration ups food, health cos’ sales
  11 April 2022,retail.economictimes.indiatimes.com
  During the pandemic, when several migrant workers returned to their hometowns, they willy-nilly transported urban habits of food consumption and personal hygiene to these places. Such borrowed behaviour is now seeing traction in tier-2 and -3 towns, and possibly pockets of rural India as well…
• Restaurants’ virtual stores test consumers’ appetite for metaverse marketing
  11 April 2022,livemint.com
  Fast-food chains Wendy’s Co. and Chipotle Mexican Grill Inc. are testing new experiences in virtual worlds as brands try to better understand the marketing potential of the metaverse…
• iPhone 13 is latest Apple model to be made in India
  11 April 2022,retail.economictimes.indiatimes.com
  With the iPhone 13, the company now makes all its top selling models locally through its two contract manufacturing partners, Foxconn and Wistron. Pegatron, its third partner, is also expected to start production this month, initially with the iPhone 12…
• We’re looking to expand in small cities: Asics’s Sharma
  11 April 2022,livemint.com
  Saurabh Sharma, Head of marketing of Asics India said the firm is looking beyond tier-I cities to increase its presence and works with athletes across different sports to gain marketing momentum…
• Indian start-ups have a solution for city-dwellers who can’t install solar panels on their rooftops
  11 April 2022,scroll.in
  To beat the space crunch, city residents can invest in solar power production elsewhere in return for green electricity credits…
• On the comeback trail: Live events take centre stage
  11 April 2022,financialexpress.com
  India’s organised events and activations industry, which was estimated to be worth `8,300 crore in 2019 as per the FICCI-EY Media and Entertainment Report 2022, has been among the worst hit by the ongoing Covid-19 pandemic. In 2021, the industry could manage a 20% y-o-y revival, clocking a revenue of `3,200 crore. The organised live events industry has its hopes pinned on 2022 to make a healthy recovery…
• ET 40 Under Forty: India Inc’s Top Young Leaders 2021
  11 April 2022,/economictimes.indiatimes.com
  The Economic Times and Spencer Stuart partnered for the eighth consecutive year to arrive at a final list of India’s top 40 leaders under the age of 40…
• Organized retailers could match pre-covid sales in Q4FY22: Report
  11 April 2022,/economictimes.indiatimes.com
  ICICI Securities expects retail companies in its coverage universe to report year-on-year revenue growth of 12.9% in Q4FY22…
• Tatas replenish ecommerce war chest with Rs 5,882 crore
  9 April 2022,retail.economictimes.indiatimes.com
  The latest funding takes the total investment into Tata Digital to Rs 11,872 crore in 2021-22, helping it achieve a war chest to take on established ecommerce rivals Amazon and Walmart-owned Flipkart in the country…
• Ruchi Soya repays entire loans of Rs 2,925 crore
  9 April 2022,retail.economictimes.indiatimes.com
  Baba Ramdev’s Patanjali Ayurved-led Ruchi Soya has recently raised Rs 4,300 crore through its follow-on public offer, and the part of the proceeds has been utilised to repay the debt…
• Coca-Cola to set up Rs 1,000 cr plant in Telangana
  9 April 2022,retail.economictimes.indiatimes.com
  The company will invest Rs 600 crore in the plant in the first phase and another Rs 400 crore in the subsequent phases to take the total investment to Rs 1,000 crore in the next five years, said Telangana’s minister for industries K.T. Rama Rao at an event with the company leadership…
• Flipkart launches Assam’s first grocery fulfilment centre
  9 April 2022,retail.economictimes.indiatimes.com
  The facility, which was inaugurated at Palasbari near Guwahati, would be the second such grocery fulfilment centre of Flipkart helmed by women after the one in Coimbatore, she said…
• Tax collections soar to record Rs 27.07 lakh cr in FY22
  9 April 2022,retail.economictimes.indiatimes.com
  Gross tax collection of Rs 27.07 lakh crore during April 2021 to March 2022 compares with budget estimate of Rs 22.17 lakh crore, he told reporters here. Direct taxes, which comprise income tax paid by individuals and corporate tax, came in at Rs 14.10 lakh crore — Rs 3.02 lakh crore higher than the budget estimate…
• Consumer confidence continues to improve
  9 April 2022,livemint.com
  Mumbai: Indian consumers’ perception of current and future economic conditions continues to improve despite geopolitical challenges and concerns over rising inflation, according to the latest Consumer Confidence Survey conducted by the Reserve Bank of India (RBI) for the 2-11 March period…
• Taiwan footwear firm to set up Rs 1,000-crore manufacturing unit in TN, inks MoU
  9 April 2022,retail.economictimes.indiatimes.com
  Chennai: Taiwan-based Hong Fu Group would invest Rs 1,000 crore to set up a footwear unit in Tamil Nadu and signed a memorandum of understanding with the State government in this connection. The MoU was signed between top officials of the company and Guidance Tamil Nadu, the State investment promotion agency, in the presence of Chief Minister M K Stalin, Minister for Industries Thangam Thennarasu and senior government officials at the Secretariat here…
• Indian luxury handbag brand ‘Aranyani’ launched in New York
  9 April 2022,business-standard.com
  Consul General Randhir Jaiswal, addressing a gathering at the event on Wednesday, said that the launch of Aranyani’ symbolises the best of India coming to New York…
• Levi’s® X Deepika Padukone Launch Season 2 Of Their Collaboration
  9 April 2022,retail.economictimes.indiatimes.com
  This new collection is adorned with innovative hybrids, the latest techniques, popping colours, and a one-of-its-kind jeans fit, exuding optimism and playfulness, all at once. ~ Brand Connect Initiative ~…
• Price hikes slow down FMCG sales growth in March quarter, shows data
  9 April 2022,business-standard.com
  We are, however, seeing an immediate slowdown in sales at urban areas as rural consumers buy smaller packs more frequently: Bizom…
• Tea retailer Golden Tips plans to expand network through strategic partnerships
  9 April 2022,retail.economictimes.indiatimes.com
  The company is also focusing on broadening its presence in physical retail operations across metros of the country by opening niche tea boutiques and stores, he said…
• V-Guard Industries bets big on consumer durables, expansion outside south India
  9 April 2022,retail.economictimes.indiatimes.com
  The company is increasing the share of in-house manufacturing for market differentiation…
• PVR-INOX: How the big screen will get bigger, better
  9 April 2022,forbesindia.com
  The merger of the two giants of the exhibition sector might help them recover from the pandemic. But things could also get better for other stakeholders⁠—including distributors, producers, smaller exhibitors and consumers…
• Shriram Group’s super app by Q1 of next fiscal
  9 April 2022,economictimes.indiatimes.com
  Chennai: Financial services conglomerate Shriram Group will launch its super app consolidating its services from life insurance to vehicle loans to mutual fund investments by the first quarter of next fiscal, senior group executives said in Chennai…
• Denimsandjeans India 4th edition GREENABLE on June 8 & 9
  9 April 2022,fibre2fashion.com
  Denimsandjeans has announced the fourth edition of Denimsandjeans India show to be held at Bangalore on June 8-9, 2022. The show is happening after a big gap of 3 years when the country has almost completely recovered from COVID-19, most of the population is double vaccinated and by June booster dose will have been administered to most of the urban population. This makes the time very safe for visitors to attend. Besides, the Denimsandjeans team is also taking all measures to have a COVID safe environment at the show with social distancing, etc…
• Tata packs power brands in mega app to rival Amazon, Ambani
  8 April 2022,retail.economictimes.indiatimes.com
  Tata Digital’s digital services platform, Tata Neu, which will go live to consumers on Thursday, will have in-house brands including Croma, Westside, AirAsia India, the Taj chain of luxury hotels and BigBasket, according to the group’s website…
• ONDC: Government’s Amazon, Flipkart challenger will see pilot launch in 5 cities in April
  8 April 2022,retail.economictimes.indiatimes.com
  The beta mode for ONDC would be completed by the end of April and the launch is expected to be done by August…
• GCPL expects price-driven sales growth in domestic market in Q4 of last fiscal
  8 April 2022,retail.economictimes.indiatimes.com
  At a consolidated level, the company expects to deliver a “higher than mid-single-digit sales” growth and “lower year-on-year EBITDA margins” on the profitability front, during the January-March quarter…
• Cloud kitchen company Rebel Foods acquires majority stake in chocolate brand Smoor
  8 April 2022,retail.economictimes.indiatimes.com
  This acquisition comes on the back of the company’s recent announcement to invest USD 150 million in investing and acquiring promising food brands…
• McDonald’s India to display Allergen & Nutritional info for entire menu
  8 April 2022,retail.economictimes.indiatimes.com
  McDonald’s India (West and South) has also eliminated artificial colours, artificial preservatives and artificial flavouring from select food items, said a statement issued by the Quick service restaurant (QSR) chain on World Health Day…
• All you need to know about Tata super app ‘Tata Neu’
  8 April 2022,retail.economictimes.indiatimes.com
  The app gives the conglomerate the tooth to rival Jeff Bezos’ Amazon and Mukesh Ambani’s Reliance Industries. The company’s website calls it “a unified platform that connects several brands across the Tata universe like never before.”…
• Direct-to-Consumer companies raise $543 million funding in FY22
  8 April 2022,retail.economictimes.indiatimes.com
  D2C brands comprise businesses that have the majority of their revenue or customer acquisition from direct-to-consumer online channels or started with an online-first distribution before going omni-channel…
• Titan is glittering less in jewellery business
  8 April 2022,livemint.com
  MUMBAI/BENGALURU : Titan Co. Ltd’s shares fell 3% on Thursday on the National Stock Exchange (NSE). This is after the company’s pre-quarter update for the three months ended 31 March (Q4FY22) disappointed. However, valuations are pricey. The stock trades at 61 times estimated FY24 earnings, according to Bloomberg data…
• Lenskart to sell products through more online platforms
  8 April 2022,retail.economictimes.indiatimes.com
  “Setting a foothold on online marketplaces will help us become even more accessible than before while ensuring we continue to maintain our customers’ trust and buying experience by selling on these platforms,” Lenskart CEO and co-founder Peyush Bansal said in a statement…
• Levi Strauss results top estimates on strong demand, price hikes
  8 April 2022,retail.economictimes.indiatimes.com
  Levi has benefited from price increases aimed at mitigating the impact of supply chain disruptions, inventory shortages and inflationary pressures, while an accelerating trend for high-rise jeans and loose-fitting clothes has also helped drive sector-wide sales…
• Daikin lays foundation stone of its upcoming third mfg facility at Sri City, Andhra Pradesh
  8 April 2022,retail.economictimes.indiatimes.com
  This new factory would be ready for commercial production in 2023, and would elevate Daikin India to become the largest manufacturer of Air-conditioners (ACs) in India, according to a company statement…
• Village Food Courts and ZING team up to establish Virtual Food Halls in India
  8 April 2022,hindustantimes.com
  Virtual Food Halls or Digital Food Halls are a hybrid of a food hall and delivery kitchen that looks to empower Food & Beverage (F&B) and restaurant brands to thrive in the increasingly virtual and digital marketplace…
• Metro Wholesale to set up shop in smaller cities
  8 April 2022,thehindu.com
  Wholesale business giant Metro Wholesale is looking to enter smaller cities in the State with smaller stores and is looking for partners for the purpose, Managing Director and CEO of Metro Cash & Carry India Arvind Mediratta has said…
• Offline retail confronts dearth of investment: B.S. Nagesh
  8 April 2022,moneycontrol.com
  B.S. Nagesh, the man behind the first Shoppers Stop store, who led the department store chain through its formative years, says offline retailers are confronting a resource crunch because investors are so gung-ho about the online opportunity. Nagesh, who set up the Retailers Association of India and serves as non-executive chairman of Shoppers Stop, spoke about the polarisation of the retail industry, challenges before offline retailers and the direct-to-consumer (D2C) opportunity in a conversation with Moneycontrol on the sidelines of the India D2C Summit. Edited excerpts:…
• ‘Rural driving demand for refurbished smartphones’
  8 April 2022,timesofindia.indiatimes.com
  NEW DELHI: With recycling and sustainability on everybody’s mind, Xtracover, an online platform that caters to the whole range of after-sales services for electronic devices and electrical appliances started operations in 2017…
• With a Make-in-India dream, here’s how Virtual Forest is helping build energy efficient appliances
  8 April 2022,yourstory.com
  India has a unique situation when it comes to electronics. While it has a huge consumer base for air conditioners, washing machines, and now electric vehicles, as well as sufficient industrial capacity to manufacture these devices and the supply chain to get the raw materials to manufacturing facilities…
• How to start an online fashion business with Rs 10,000 initial investment
  8 April 2022,yourstory.com
  With India’s online fashion industry picking up steam since the onset of the coronavirus pandemic in 2020, the time is ripe for starting online fashion businesses. Here’s how you can start online fashion business with investment as low as Rs 10,000…
• The six biggest retail technology news stories of the week
  8 April 2022,retailtechinnovationhub.com
  It’s Friday, the week is almost done, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Fast, Shein, Farfetch, Neiman Marcus, Zomato and Swiggy…
• Clovia’s same-store sales double from pre-pandemic times: Founder Neha Kant
  8 April 2022,moneycontrol.com
  Offline sales at direct-to-consumer lingerie retailer Clovia, recently acquired by Reliance Retail, are booming with the lifting of COVID-19 restrictions and a return to normalcy. The company has prepared an aggressive expansion plan for itself in the year ahead as it looks to tap Tier II and Tier III cities through both online and offline channels. Neha Kant, founder and director of Clovia, in a conversation with Moneycontrol on the sidelines of the India D2C Summit 2022 in Mumbai, spoke about the company’s offline strategy and business plans. Edited excerpts:…
• Shrenik Ghodawat conferred as the Food & Grocery Retail Icon of India 2022
  8 April 2022,aninews.in
  Kolhapur (Maharashtra) [India], April 7 (ANI/PRNewswire): Shrenik Ghodawat, MD – Star Localmart, the Retail arm of Sanjay Ghodawat Group (SGG), recently was conferred as the Food & Grocery Retail Icon of India at the Annual Golden Spoon Awards, organised by Images Group…
• Realty check: Gains, sectoral concerns
  8 April 2022,aninews.in
  Housing demand accelerated during the previous quarter with Mumbai and the National Capital Region leading the unlock play, according to property portal Magicbricks. Sequential and year-on-year growth nationwide comes against the backdrop of declining unsold inventories and new property launches exceeding pre-pandemic levels. Developers have also begun to cautiously pass on to homebuyers increases in costs of inputs like steel and cement that have been affected by global supply chain disruptions. The quarterly performance accompanied a sequential uptick in price, supported by improvements in project delivery and rising consumer confidence. But construction costs will face bigger pressure once elevated energy prices filter through higher freight…
• Flipkart launches separate app for healthcare biz to take on 1mg, PharmEasy,others
  7 April 2022,retail.economictimes.indiatimes.com
  To start with, the platform will have over 500 independent sellers who have a network of registered pharmacists for validation of medical prescriptions and accurate dispensation of medicines…
• A super app from Tatas is ready to take on Mukesh Ambani’s consumer digital empire
  7 April 2022,retail.economictimes.indiatimes.com
  The kind of super-app that has succeeded in China and Southeast Asia requires a reason for customers to visit it regularly. Commerce is incidental…
• Blue Star hikes prices by 2-3% but expects 25% growth over 2019: MD

  7 April 2022,retail.economictimes.indiatimes.com
  “With effect from this week, we have increased the prices by 2-3%. Now our stated objective is to ensure that the affordability is maintained. In other words, we are ensuring that the entry level product prices are more or less remaining the same because we have re-engineered or redesigned our products.”…

• DealShare aims to cross $3 billion gross revenue run rate by March 2023; break-even in one and a half years: Founder
  7 April 2022,retail.economictimes.indiatimes.com
  DealShare provides local brands and entrepreneurs a platform for mass-market e-commerce. The company focuses on tier-2, tier-3 cities and smaller towns and offers high-quality products at a low price to its customers…
• Food, personal care, mobile phones, e-commerce, hair care are top most-consumed categories post-pandemic: Study
  7 April 2022,retail.economictimes.indiatimes.com
  Among the 29 most-consumed categories, OTT is at 11, retail at 19, apparel and footwear at 28, and tobacco at the bottom at 29…
• Retail inflation foretells a summer of discontent
  7 April 2022,livemint.com
  Rising prices will be a disappointment for buyers whose household budgets have already been hit on account of pandemic-related business losses or job losses…
• Watchmakers tinker with new materials to draw new buyers
  7 April 2022,retail.economictimes.indiatimes.com
  H. Moser, a niche brand producing 2,000 watches a year for wealthy collectors, this year presented a watch covered in Vantablack, a super-black coating that absorbs nearly all light…
• Swiggy Instamart expands fruits, veggies segment in Coimbatore
  7 April 2022,retail.economictimes.indiatimes.com
  “As a service that brings the widest choice of grocery and other essentials to the doorsteps of consumers in minutes, Swiggy Instamart has quickly grown to become the platform of choice for users in Coimbatore,” Swiggy Instamart senior vice-president Karthik Gurumurthy said…
• Bollywood actor Varun Dhawan invests in Curefoods; becomes the face of flagship brand EatFit
  7 April 2022,retail.economictimes.indiatimes.com
  Dhawan’s investment in Curefoods coincides with the launch of its multi-brand D2C food ordering platform that provides direct access to popular brands under Curefoods…
• ITC moves beyond plastic neutrality; sustainably managed over 54,000 tonnes of plastic waste in FY22
  7 April 2022,retail.economictimes.indiatimes.com
  The company said its flagship solid waste management programme Well-Being Out of Waste’ (WOW) has so far covered 1.8 crore citizens across 46.7 lakh households in India’s large cities and small towns…
• Phool raises Rs 60 cr from Sixth Sense Ventures, Alia Bhatt, IAN Fund
  7 April 2022,retail.economictimes.indiatimes.com
  “Leveraging its deep understanding of fragrances and consumer preferences, the company, with their suite of certified natural products, has raised this round to build depth in the USD 23 billion global home fragrance market, and enter the aromatherapy-based personal-care category,” Phool said in a statement…
• Decentralised system needed to get rid of waste menace: BBMP chief
  7 April 2022,thehansindia.com
  Bengaluru: A decentralized system for waste disposal is neededin the city. Towards this end, the bulk waste generators and the bulk waste collection service providers should take the responsibility to get rid of the problem of bulk waste, emphasisedBBMP Chief Commissioner Gaurav Gupta…
• The Souled Store to Open 50+ Stores in Next 3 Years
  7 April 2022,indianretailer.com
  This is The Souled Store’s sixth brick-and-mortar outlet in India. The brand operates four The Souled Store outlets in Mumbai and one in Pune…
• Shrenik Ghodawat conferred as the Food & Grocery Retail Icon of India 2022
  7 April 2022,prnewswire.com
  KOLHAPUR, India, April 7, 2022 /PRNewswire/ — Shrenik Ghodawat, MD – Star Localmart, the Retail arm of Sanjay Ghodawat Group (SGG), recently was conferred as the Food & Grocery Retail Icon of India at the Annual Golden Spoon Awards, organised by Images Group. He was honoured for being the driving force behind the inception of rural start-up Star Localmart – a locally sourced, locally processed, and locally sold grocery retail ecosystem…
• Nykaa Rolls out Superstore for Direct-to-Retail Distribution
  7 April 2022,pymnts.com
  Indian-based beauty, wellness and fashion product eCommerce retailer Nykaa has rolled out a new superstore for direct-to-retailer distribution for the Indian retailer system, Business Standard reported Wednesday (April 6)…
• R for Rabbit Eyes to Expand in Middle-East
  7 April 2022,indianretailer.com
  The major factors driving the expansion in Middle East Asia (MEA) are the rise in government investment, growth in technology and population, and the increasing need for industrial development…
• L’Oréal founder’s granddaughter is world’s richest woman. See who is richest in India
  7 April 2022,hindustantimes.com
  Richest woman in India: The Jindal Group’s Savitri Jindal is valued at $17.7 billion, according to Forbes’ 2022 richest list and Nykaa CEO Falguni Nayar is valued at $4.5 billion…
• Sayami Podder joins Carat India as associate vice president, strategy

  7 April 2022,financialexpress.com
  dentsu India’s media agency Carat has appointed Sayami Podder as associate vice president (AVP), strategy. In her new role, she will be leading strategic thinking for the agency and also offer insights to the existing agency clients across the West and South regions. She will report to Anita Kotwani, CEO, Carat India…

• Signature Global, EVRE to setup 8 EV charging stations in Delhi-NCR
  7 April 2022,timesofindia.indiatimes.com
  Signature Global and EVRE are working to install 8 EV charging stations across Signature Global properties in Delhi-NCR. The real-estate brand has signed a MoU with EVRE to support India’s EV charging infrastructure…
• Meesho to integrate grocery business in core app; to scale to 12 states this year
  6 April 2022,retail.economictimes.indiatimes.com
  The company expects to complete the integration of the grocery business by the first week of May and will rebrand it from Farmiso to Meesho Superstore…
• PepsiCo India ends 30 years of partnership with WPP
  6 April 2022,retail.economictimes.indiatimes.com
  PepsiCo, maker of Pepsi and Mountain Dew drinks and Lays snacks, is among the bigger spenders on advertising. The impending change comes amid a crucial soft drink season as summer-centric companies step up adverting and marketing after two consecutive Covid-19 summers…
• Firstcry records Rs 216 crore profit for FY21
  6 April 2022,retail.economictimes.indiatimes.com
  According to a senior company official, it is likely to double its profit for FY 22, which will be reflected in the draft red herring prospectus that the company is looking at filing by June quarter this year…
• Milk prices to remain firm, says Amul MD RS Sodhi
  6 April 2022,retail.economictimes.indiatimes.com
  “Prices will be firm, I can’t say by how much. They can’t go down from here, can only go up,” Amul MD RS Sodhi told PTI when asked about his outlook on milk prices…
• With $90.7 billion, Ambani richest Asian

  6 April 2022,retail.economictimes.indiatimes.com
  In the global pecking order, Ambani is the 10th richest, followed by Adani at the 11th spot…

• Parl panel questions Sebi chief on NSE case, Ruchi Soya’s follow on offer
  6 April 2022,business-standard.com
  Sebi Chairperson Madhabi Puri Buch on Tuesday appeared before a parliamentary panel and was questioned on the NSE controversy, Sahara case and share offers of Paytm and Ruchi Soya, sources said…
• Marico expects low single-digit growth in India revenue in Q4 FY22
  6 April 2022,retail.economictimes.indiatimes.com
  The “consolidated revenue growth in the quarter touched high single digits,” said Marico in its quarterly update for Q4 FY22. During the quarter, consumption trends remained subdued amid weak rural sentiment and inflation in global commodities due to geopolitical tensions, the company said…
• Hot summer lifts drinks, ice cream sales
  6 April 2022,livemint.com
  Beverage firms and ice cream makers are launching new products and campaigns to aid demand this season as India reported its warmest March in 121 years…
• Global coffee market to record 3.1-mn bag deficit in Oct-Sep season: ICO
  6 April 2022,business-standard.com
  Brazil continues to face issues with availability of shipping containers, though these have improved in recent weeks, the ICO said…
• Funskool acquires rights from Goliath Games to manufacture and distribute ‘Sequence’ in India
  6 April 2022,retail.economictimes.indiatimes.com
  R Jeswant, CEO of Funskool India said, “Funskool India always wants to bring the best of toys and games to its customers, and this association with Goliath is another step towards it.”…
• Hasbro adds two directors, plans to keep Wizards unit

  6 April 2022,retail.economictimes.indiatimes.com
  Elizabeth Hamren and Blake Jorgensen, executives with experience in gaming, technology, operations, and capital allocation joined the board as independent directors this month expanding the board’s size to 13 members, the company said…

• Blue Star expects Sri City manufacturing plant to go on stream in Q3
  6 April 2022,retail.economictimes.indiatimes.com
  “This year, we are expecting to commission during the third quarter. By October-December, it should happen…Overall investments will be Rs 550 crore. In the first phase investments will be around Rs 250 crore…,” he told reporters after unveiling new range of air-conditioners…
• Samsung Electronics likely to report highest Q1 profit since 2018 on chips
  6 April 2022,retail.economictimes.indiatimes.com
  Operating profit for the world’s biggest smartphone and memory chip maker likely hit 13.3 trillion won ($10.9 billion) in the quarter ended in March, according to a Refinitiv SmartEstimate from 13 analysts, which is weighted toward those who are more consistently accurate…
• Symphony bets on e-commerce, D2C for resurgent summer sales of air-coolers
  6 April 2022,business-standard.com

  The world’s largest manufacturer of air-coolers is not only witnessing a spike in share of e-commerce platforms such as Amazon and Flipkart in its domestic sales but also from its D2C website…

• Go Colors launches its 500th Store deepening its pan-India presence
  6 April 2022,aninews.in
  Chennai (Tamil Nadu) [India], April 5 (ANI/NewsVoir): Go Colors, owned by Go Fashion (India) Ltd., launched its 500th Exclusive Brand Outlet (EBO) in the city of Pune…
• Suumaya Industries Expands Retail Footprint, Opens Nine Stores in Uttar Pradesh
  6 April 2022,indianretailer.com
  Suuvidham retail chain is based on Company Owned Company Operated (COCO) and Company Owned Franchise Operated (COFO) business concept…
• Rubans Is Revolutionising Indian Fashion Jewellery One Collection At A Time
  6 April 2022,outlookindia.com
  While conversing about the new collection Chinu Kala, Founder, Rubans shared a few sneak peaks into her thought process behind the concept and objective behind the collection…
• Two independent directors of Future Enterprises resign
  5 April 2022,retail.economictimes.indiatimes.com
  Several Future Group companies, including FEL, have entered into agreements with their respective lenders in terms of an RBI circular dated August 6, 2020, in which a resolution framework for COVID-related stress was announced…
• PVR-Inox combined pipeline at 2,000 screens; plan to double in 7 years
  5 April 2022,retail.economictimes.indiatimes.com
  The merged entity would invest capex of Rs 2.5 crore per screen as part of their expansion, said Inox Leisure Director Siddharth Jain in a Business Update Conference Call with the investors after announcing the merger…
• FMCG CEOs see inflation eating into volumes
  5 April 2022,retail.economictimes.indiatimes.com
  Industry executives said passing on inflation will lead to further downtrading – consumers buying either cheaper products, smaller packs, or delaying consumption…
• Go Fashion to open 120-130 stores year-on-year
  5 April 2022,retail.economictimes.indiatimes.com
  The brand, which sells women’s bottom-wear clothing under Go Colors, is boosting omnichannel engagements for a seamless consumer experience, building on a technology-driven growth strategy to reach consumers in Tier-I to Tier-III cities, and realizing its expansion plans for current and emerging markets, it said in a statement after opening its 500th exclusive brand outlet in India…
• Analysing Shopee’s India Exit from a Singapore perspective
  5 April 2022,retail.economictimes.indiatimes.com
  Shopee, Sea’s ecommerce arm, stopped sales on its Indian platform at midnight on March 29, although the company told customers and platform vendors that it will continue to fulfil orders made earlier and also operate after-sales services related to payments, refunds, returns and dispute resolution till May 30…
• E-commerce didn’t kill brick-and-mortar stores, but created a balance with omnichannel: ShopClues’ Ghai
  5 April 2022,retail.economictimes.indiatimes.com
  Speaking from her experience at ShopClues, which was founded in 2011 and became one of the earliest unicorns in India, Ghai said that back then, e-commerce penetration was virtually negligible to 1-2%…
• Super App may grow Westside reach by 10x, says Trent’s Noel Tata
  5 April 2022,retail.economictimes.indiatimes.com
  Tata, 65, who is also the chairman of retail arm Trent and who recently became vice-chairman of Tata Steel, said inflationary challenges were real and the retail unit was diversifying its supply chain to offset rising prices…
• India’s trade deficit rises 88 pc in FY22: Govt data
  5 April 2022,retail.economictimes.indiatimes.com
  “India’s merchandise import in April 2021-March 2022 was USD 610.22 billion, an increase of 54.71 per cent over USD 394.44 billion in April 2020-March 2021 and an increase of 28.55 per cent over USD 474.71 billion in April 2019-March 2020,” said a release by Ministry of Commerce and Industry…
• Kalyan Jewellers to raise up to $ 200 mn, overseas bond gets S&P ‘B’ rating
  5 April 2022,business-standard.com
  Raised funds by Kalyan Jewellers will be used for refinancing borrowings, payment of transaction fees, and general corporate purposes…
• Starbucks halts stock buybacks as Schultz returns
  5 April 2022,retail.economictimes.indiatimes.com
  “This decision will allow us to invest more profit into our people and our stores – the only way to create long-term value for all stakeholders,” Schultz said in an open letter to employees posted on Starbucks’ website…
• Govt begins inspection drive to curb hoarding of edible oils, oilseeds: Food secretary
  5 April 2022,retail.economictimes.indiatimes.com
  The country, which is dependent on the imports of edible oil to meet over 60 per cent of its domestic demand, has seen a sharp rise in retail prices of various types of cooking oils in the last couple of months due to the global geopolitical situation. The prices have continued to rule firm despite several government measures…
• Samsung Electronics likely to report highest Q1 profit since 2018 on chips
  5 April 2022,livemint.com
  SEOUL: Samsung Electronics Co Ltd is likely to post its highest first-quarter profit since 2018, analysts’ estimates showed, driven by brisk profits on memory chips as solid demand helped to keep prices firmer than expected…
• Retailers return to shopping malls as footfalls near pre-COVID-19 levels
  5 April 2022,moneycontrol.com
  Retailers have started expanding their stores rapidly. Unlike in the past two years of the pandemic, shopping mall outlets are high on their priority list…
• Freshers’ Party organised
  5 April 2022,tribuneindia.com
  Jalandhar: The PG Department of Fashion Designing of PCM SD College for Women organised a Freshers’ Party. All the students of BSc, MSc and B.Voc were part of this joyous occasion. There were two rounds of the show. The first round was that of Introduction and the second round was that of Talent Hunt. The winners of the show were awarded six different titles. Famous personalities like Ishu, choreographer and actor, Tarun Kumar, actor and producer, and Simran Kaur, actress and model, were invited to adjudge the participants. Some interesting dance performances, games and songs were cherry on top to make the show a success…
• Household Spends Increases for 62 pc of Families
  5 April 2022,indianretailer.com
  Also, spending on essentials like personal care and household items has increased for 48 percent of the families…
• Super App may grow Westside reach by 10x, says Trent’s Noel Tata
  5 April 2022,economictimes.indiatimes.com
  The Tata super app, due to be launched on April 7, will bring about a potential 10-fold increase in the number of customers for Westside, the group’s retail store chain, Tata Trusts director Noel Tata has said…
• Gen Z Brand WK Life Opens New Store in Mysore, to Target Tier lll Cities
  5 April 2022,indianretailer.com
  Through the launch, the store aims to create everyday gadgets and lifestyle products readily available at the doorstep for the youth, who resonate with their style and preferences…
• Style Meets Sustainability As Adidas Previews Its ‘Originals By Parley’ Collection At Lakmé Fashion Week
  5 April 2022,elle.in
  Alright sneaker-heads, here is your moment to save the world one step at a time. If you’re anything like me (obsessed with good pair of sneakers among other things) and think that it can’t get better than your favorite white sneakers, then adidas is here to give you one more reason to love them. They are introducing their cool, classic, and most importantly – sustainable collection which will be available soon!…
• Trent Ltd. Chairman Mr. Noel Tata unveils Westside’s 200th store in Borivali
  5 April 2022,livemint.com
  The store showcases a well laid-out, clutter free and comprehensive range of the latest collections along with Trent’s other marquee brands – ‘Zudio’ and ‘Star Bazaar’ thereby, promising a wholesome retail experience to its customers…
• Go Colors to Add 120-130 Stores YoY
  5 April 2022,indianretailer.com
  Given its enormous pan-India brand recognition, Go Colors would be tapping into this significant growth potential and further extending its market share…
• Changing lens: How D2C players are disrupting the eyewear market
  5 April 2022,yourstory.com
  Amping up the glamour quotient rather than being just a solution for vision correction, D2C eyewear players are targeting youngsters with sleek, stylish and innovative frames of sunglasses and spectacles…
• Asian Paints’ new acquisitions unlikely to add colour to its business soon
  4 April 2022,retail.economictimes.indiatimes.com
  Nine years ago, the decorative paints market leader made an entry into modular kitchens through acquisition of Sleek Kitchen and a year later into bathroom fittings through the buyout of Ess Ess bath fittings. However, these businesses contributed only 2.5% to the company’s top line for the nine months ended December 2021…
• FMCG sales lose momentum, but grow 20% on year
  4 April 2022,retail.economictimes.indiatimes.com
  The fourth quarter ended March saw growth of 5% in total sales by value, according to the latest report by Bizom, a sales automation firm that tracks 7.5 million retail stores, compared to a 20% sales rise in the December quarter, largely helped by the festive season, 46% in the September quarter and 8.2% in the June quarter despite the second wave…
• Fashion startup Shein raising funds at $100 billion value
  4 April 2022,retail.economictimes.indiatimes.com
  The online retailer is in talks with potential investors to raise about $1 billion, the people said, asking not to be identified as the information is private…
• Tata Group’s super app ‘Neu’ arriving on April 7 to take on Amazon, Jio
  4 April 2022,retail.economictimes.indiatimes.com
  Tata Group, which has been testing ‘Neu’ with its employees for some time, aims to stop different loyalty offerings by BigBasket and 1mg, etc and merge them with ‘NeuCoins’…
• udaan takes on Amazon, Flipkart, JioMart to win Indian e-grocery market
  4 April 2022,business-standard.com
  Grocery needs supply chain of fulfillment centres or hubs in an area or region, and several small branches serviced from those centres; it is this challenge udaan is meeting…
• GHCL completes divestment of home textiles business for Rs 608 crore
  4 April 2022,retail.economictimes.indiatimes.com
  Besides, Grace Home Fashions LLC (GHF), a US subsidiary of GHCL, has completed the sale of specified assets (inventory and intellectual property) to Indo Count Global Inc in accordance with the terms of Assets Transfer Agreement (ATA), said GHCL in a regulatory filing…
• DMart Q4 update: Standalone revenue surges 18% to ₹8,606 cr
  4 April 2022,livemint.com
  DMart, one of India’s largest retail chains in India, has reported a standalone revenue of ₹8,606 crore for the quarter ending March (Q4FY22). This is a rise of 18% from ₹7,303 crore reported in the same quarter last year…
• Ugadi festivities in air after pandemic lull
  4 April 2022,timesofindia.indiatimes.com
  Hyderabad: After a low-key Ugadi in the past couple of years due to Covid-19, Telugus in Hyderabad and elsewhere in the country are geared up to celebrate the Telugu New Year on a grand scale this year…
• ‘Will have 300 Tim Hortons stores in India in five years’: India CEO
  4 April 2022,businesstoday.in
  After a delay of about two years, due to the COVID-19 pandemic, Canada’s iconic coffee chain Tim Hortons is finally making its entry into the Indian market this summer. To expand its business rapidly and keep tight control over operations, the Oakville-based multinational restaurant chain has roped in the former boss of Starbucks India Navin Gurnaney and plans to own and operate the India outlets. Gurnaney – a coffee chain market veteran shares the company’s India plans in a candid chat with Business Today’s Arnab Dutta…
• Vijay Sales announces Gudi Padwa sale; offers upto 60% discounts on electronics
  4 April 2022,timesofindia.indiatimes.com
  The leading electronics retail chain Vijay Sales has announced festive sale on the occasion of Gudi Padwa. The spring-time festival marks the traditional New Year. The retailer has announced a host of offers and deals at its offline stores and www.vijaysales.com. Vijay Sales is offering discounts, range of cashbacks and exchange deals on Air Conditioners (ACs) and other wide range of electronic appliances and gadgets. The list includes laptops, smartwatches, smartphones, Bluetooth Neckbands, Truly Wireless Stereos and Home Entertainment systems. Consumers can also avail offers online and get the products delivered to their doorstep…
• Yoga Bar: How Two Sisters Used ‘Guilt-free’ Snacking To Build a Rs 200-Crore Brand
  4 April 2022,thebetterindia.com
  When Anindita and Suhasini Sampath were living in the US, they would often gaze at the supermarket shelves and marvel at the vast range of healthy snack choices available. So a few years later, when they decided to become entrepreneurs, building a healthy snack brand seemed like the obvious choice…
• Charging consumers extra for carry bags costs Reliance Retail Rs1.5 lakh
  4 April 2022,tribuneindia.com
  The District Consumer Disputes Redressal Commission, Mohali, has imposed a fine of Rs1.5 lakh on Reliance Retail Limited (opposite party), Bestech Mall, Mohali, for charging for carry bags from 15 customers…
• Brookfield buys 51 pc stake in 4 properties of Bharti group at Rs 5,000 cr enterprise value
  4 April 2022,devdiscourse.com
  The enterprise value for the transaction is Rs 5,000 crore, Bharti Enterprises said in a statement.Enterprise value means the total value of these four properties including debt.The company, however, did not disclose the actual deal value.The transaction will be consummated upon receipt of requisite regulatory approvals.Brookfields real estate operating arm, Brookfield Properties, will manage the properties going forward.Worldmark Aerocity is a mixed-use property of 1.43 million square feet in Delhi NCR…
• Future Retail CEO Sadashiv Nayak resigns after 7 months of his appointment
  1 April 2022,retail.economictimes.indiatimes.com
  Debt-ridden Future Retail Ltd’s CEO Sadashiv Nayak has resigned from the post seven months after his appointment, according to a filing. Future Group CEO Kishore Biyani has been re-appointed as executive chairman of the company for three years, a regulatory filing said on Thursday…
• Future Enterprises defaults on loan repayment of Rs 2,888 crore

  1 April 2022,retail.economictimes.indiatimes.com
  Future Enterprises’ total dues now stand at ₹3,001 crore as per the OTR terms which includes its two defaulted payments also. FEL disclosed to the stock exchange that it had missed making payments of ₹94 crore and ₹19 crore on March 23 and March 28, respectively as per the OTR terms…

• Reconsider MoU with LuLu Group: Trade body to Tamil Nadu CM M K Stalin
  1 April 2022,retail.economictimes.indiatimes.com
  “In Madurai, three big retail stores located at Uthangudi (Reliance Super Market), Avaniyapuram (D Mart) and Madurai Bypass Road (Big Bazaar) have resulted in nearly 1,000 small traders losing business. The impact of establishing LuLu market will be more adverse. It will completely wipe out retail traders, followed by wiping out wholesalers,” association president S P Jeyapragasam said…
• Logistics startup Delhivery partners with Reliance-owned Ajio to improve customer experience
  1 April 2022,retail.economictimes.indiatimes.com
  Delhivery has partnered with Ajio to launch a technology-based Quality Check Return Product (QC-RVP)…
• Pickrr announces same day delivery in metro markets for SMB merchants

  1 April 2022,retail.economictimes.indiatimes.com
  Pickrr says over the past few years it has worked aggressively towards expanding a robust network of intelligent storage facilities within and beyond metro cities…

• H&M flags higher prices after profit falls far short of expectations
  1 April 2022,retail.economictimes.indiatimes.com
  The world’s second-biggest fashion retailer swung to a pretax profit of 282 million crowns ($30.5 million) in its first quarter from a 1.4 billion loss a year earlier when nearly half of its stores were closed by the pandemic…
• Home and personal care brand Rusabl targets Rs 50 crore revenue in three years
  1 April 2022,retail.economictimes.indiatimes.com
  Rusabl was Evenflow’s second acquisition with an aim to make it India’s most affordable sustainable brand across the consumer lifecycle in home and kitchen, travel and essentials. Kitchen alone is a Rs 10,000 crore market only in ecommerce and Rusabl is looking to ride that wave aggressively…
• P&G India becomes `plastic waste neutral’
  1 April 2022,retail.economictimes.indiatimes.com
  In a statement, P&G said it has collected, processed, and recycled over 19,000 MT of post-consumer plastic packaging waste from across the country which is more than the amount of plastic packaging in its products sold in a year. With this announcement, the company is among the first few FMCG companies in India to achieve plastic waste neutrality…
• Tesco hikes price it pays milk suppliers by a fifth
  1 April 2022,retail.economictimes.indiatimes.com
  The group, which has a 27.4% share of Britain’s grocery market, said the 520 British dairy farmers that make up Tesco’s Sustainable Dairy Group (TSDG) will see the retailer pay them 40.84 pence a litre in May versus 34.16 pence a litre currently…
• Cartier and other Richemont labels leave Responsible Jewellery Council
  1 April 2022,retail.economictimes.indiatimes.com
  The Russian diamond producer — the world’s largest — was added to a UK sanctions list last week and Washington has targeted both the company and its CEO Sergei Ivanov, who, the U.S. Treasury said, is reportedly one of Russian President Vladimir Putin’s closest allies…
• Food stamp recipients are the new frontier for Target.com
  1 April 2022,retail.economictimes.indiatimes.com
  Target disclosed to Reuters last week that it will begin to accept payment online with food stamps, tentatively starting in late April, through a service offered by Shipt, its delivery arm…
• New tax regime for VDAs comes into force; Ecomm orders may cost more
  1 April 2022,economictimes.indiatimes.com
  It’s April 1, already, a quarter down for 2022, phew! Happy April Fools’ Day…jokes and pranks aside we have another packed edition of the Morning Dispatch. The cryptocurrency industry is expected to lose its edge going into the financial year 2023 as new tax norms will set in from today. Fuel price hikes are now impacting e-commerce players, pretty directly, as delivery and logistics firms shore up charges. Will prices go up for your purchases on Amazon and Flipkart, find out in the letter…
• Malls expect jump in weekend footfall, multiplexes to add shows
  1 April 2022,timesofindia.indiatimes.com
  Kolkata: Mall and multiplex operators are thrilled that the two years of restrictive operations are finally over and plan to revert to pre-pandemic mode immediately from Friday with reintroduction of night shows and late closure of food courts and restaurants…
• Retail inflation for industrial workers eases to 5.04% in Feb
  1 April 2022,economictimes.indiatimes.com
  Retail inflation for industrial workers eased to 5.04 per cent in February from 5.84 per cent in January this year mainly due to lower prices of certain food items. Inflation based of the consumer price index for industrial workers (CPI-IW) was at 4.48 per cent in February 2021, a labour ministry statement said…
• ColorPlus, Park Avenue could be on the block due to pandemic
  1 April 2022,financialexpress.com
  Brand and marketing experts, while expressing surprise at the development, as the two labels enjoy significant brand equity, also noted that if true, it highlights the challenges faced by legacy brands, with international brands growing their footprint in the country…
• Trends store launched at Balugaon and Daspalla towns in Odisha
  1 April 2022,orissadiary.com
  Bhubaneswar: India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new stores in Balugaon town of Khorda district and Daspalla town of Nayagarh district in the state of Odisha…
• Follow cash & not PAT to make good money in India: Saurabh Mukherjea
  1 April 2022,economictimes.indiatimes.com
  “Over the last couple of months, we have held back from our auto and auto ancillary investments. A lot of that money has gone in the smallcap portfolio and to Vmart,” says Saurabh Mukherjea, Founder, Marcellus Investment Managers…
• Fynd partners with magicpin to enable same-day hyperlocal deliveries
  1 April 2022,itln.in
  Reliance-backed Fynd, the omnichannel platform for retail brands, has announced its integration with magicpin, the platform for access to local retail, connecting offline retailers with online consumers…
• India’s first Integrated Smart City launched in Tamil Nadu with over 150 world-class amenities
  1 April 2022,financialexpress.com
  On Wednesday, a real estate developer- G Square, launched Tamil Nadu’s first Integrated Smart City in Coimbatore spread across 120.7 acres. It is a first-of-its-kind project in India with over 150 world-class amenities, including a helipad and a 50,000 sq. ft clubhouse. Coimbatore’s Smart City would help the firm promote projects on plots through its new project G Square City, according to an IE report. Located along the Salem-Kochi Highway which is popularly known as the Coimbatore bypass, G Square City shall be the first Integrated Smart City in the state of Tamil Nadu encompassing as many as 1,663 villa plots as well as 26 commercial plots spanning over 120.7 acres…
• Luxury aisles in your living room
  31 March 2022,newindianexpress.com
  Philanthropist Sudha Reddy had recently posted a story on her Instagram handle where she was seen shopping for some precious Tiffany jewels from the comfort of her home…
• Merchants body urges Tamil Nadu CM to reconsider MoU with LuLu Group
  31 March 2022,timesofindia.indiatimes.com
  MADURAI: The Tamilnadu Foodgrains Merchants Association has written to chief minister M K Stalin on Wednesday requesting him to reconsider the agreement signed by the government with Abu Dhabi- headquartered LuLu Group to establish their malls in the state. The association has highlighted the feared negative impact it would create on the livelihood of the scores of existing small, medium and large traders and businesses in the state…
• Demand for dark stores, in-city fulfilment centres rises after 3 waves of COVID-19
  31 March 2022,moneycontrol.com
  Factors such as the rise in quick-service e-commerce, COVID-19-induced lockdowns and demand spike from companies have led to the emergence of warehousing fulfilment centres in cities. Office complexes and malls have become alternative options for occupiers…
• V-Mart needs to be the most aspirational value retailer of Bharat: Lalit Agarwal
  31 March 2022,economictimes.indiatimes.com
  “We see normal economics coming back to the stores which is in terms of the sales per square feet, the cost incurred per square feet and the EBTIDA per square feet. So we will have our numbers back in the coming year and we will open another 50 to 60 stores next year. That is how we are planning 16-17% square feet addition,” says Lalit Agarwal, Founder & MD, V-Mart Retail…
• The pandemic effect: How retail game for tech devices in India has changed for good
  31 March 2022,timesofindia.indiatimes.com
  The world is still reeling under the ramifications of the COVID-19. As a result of this pandemic, there has been a paradigm shifts in the way businesses communicate, engage, and interact with their customers. Consumer habits too have evolved to brace the new normal…
• The pandemic effect: How retail game for tech devices in India has changed for good
  31 March 2022,timesofindia.indiatimes.com
  The world is still reeling under the ramifications of the COVID-19. As a result of this pandemic, there has been a paradigm shifts in the way businesses communicate, engage, and interact with their customers. Consumer habits too have evolved to brace the new normal…
• Raymond plans to sell ColorPlus and Park Avenue
  31 March 2022,economictimes.indiatimes.com
  Raymond is looking to sell its apparel retailing brands of ColorPlus and Park Avenue businesses, two persons familiar with the development said…
• Chaayos, Blue Tokai sign up for Zomato’s 10-minute delivery
  31 March 2022,retail.economictimes.indiatimes.com
  While tea cafe Chaayos and Blue Tokai are positioned as cafes, Dana Choga is a full-service cuisine restaurant. Caterspoint is a quick-service restaurant chain with outlets across Delhi-NCR. Zomato is also in talks with more restaurant brands and cloud kitchens for similar partnerships…
• Amazon to open largest office space in Tamil Nadu for 6,000 employees
  31 March 2022,retail.economictimes.indiatimes.com
  The new office marks Amazon’s fourth office in Tamil Nadu and will take the company’s total office area in Tamil Nadu to over 21 lakh square feet…
• Revenue of gold jewellery retailers likely to rise 12-15% next fiscal: Crisil
  31 March 2022,retail.economictimes.indiatimes.com
  This is as per an analysis of 82 of them rated by Crisil Ratings, which accounts for 40% of the sector’s revenue. Jewellery demand is seen steady next fiscal, with volume growing 8-10% to pre-pandemic levels of 600-650 tonne, owing to normalising operations, store additions, and gold prices sustaining above Rs 50,000 per 10 gm…
• HUL’s Dapada factory joins World Economic Forum’s Global Lighthouse Network
  31 March 2022,retail.economictimes.indiatimes.com
  HUL manufactures home care products and produces three million units per day of brands like Surf Excel, Rin, Vim and Wheel at its Dapada factory, which was established in 2001…
• World Idly Day: iD Fresh opens factory for a peek into its batter making
  31 March 2022,retail.economictimes.indiatimes.com
  The company, backed by billionaire Azim Premji, kicked off the five-day live streaming campaign on the world idly day of March 30. Co-founded by first generation entrepreneur PC Musthafa, along with his cousins, iD operates what it calls the world’s largest batter factory in Bengaluru spread over 80,000 sq. ft…
• Vedix enters body care segment and launches international operations in the US, UK, Canada and Australia
  31 March 2022,retail.economictimes.indiatimes.com

  The ayurvedic firm has launched over half a dozen new products including body wash, lotion, oil and scrub. Vedix, has also launched its operations in the US, UK, Canada and Australia and expected to add ten new international geographies in the next three months…

• iPhone production under PLI scheme may hit Rs 25,000 crore in FY23
  31 March 2022,business-standard.com
  In what could give a big boost to the production-linked incentive (PLI) scheme, Apple’s vendors have made a commitment of a minimum incremental production of Rs 25,000 crore of mobile devices in FY23 beginning from April 1…
• Citibank to sell retail business to Axis Bank in $1.6 bln cash deal; no immediate impact on Citi’s customers
  31 March 2022,financialexpress.com
  India’s third-largest private bank Axis Bank will acquire Citibank’s India retail banking unit, including credit cards business, for $1.6 billion in cash, months after Citi said it will shutter its consumer business in 13 countries, the Nasdaq-listed company said on Wednesday. The deal also includes the sale of the consumer business of Citi’s non-banking financial company Citicorp Finance (India) Limited, it added. Citi said there will be no immediate impact on the services to the customers of Citi’s consumer businesses in India…
• Why ONGC OFS can be a good deal for retail investors
  31 March 2022,economictimes.indiatimes.com
  Asian stocks were trading mixed. Shares weakened in China and Hong Kong following data showing contraction in Chinese manufacturing, while Japan’s equities steadied, with the yen pulled back after two days of gains. Australia and South Korea advanced…
• How Modenik Lifestyle is Working Towards Increasing Market Penetration In The Category
  31 March 2022,indianretailer.com
  Exposure to social media, the recent D2C play, rising fashion awareness, demand for different types of innerwear, and understanding of health and hygiene is driving unprecedented growth in the innerwear market…
• Trends store launched at Balugaon and Daspalla towns in Odisha
  31 March 2022,indianretailer.com
  Bhubaneswar: India’s largest and fastest-growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new stores in Balugaon town of Khorda district and Daspalla town of Nayagarh district in the state of Odisha…
• HDFC Bank targets 1 million new credit cards through Shoppers Stop tie-up
  31 March 2022,financialexpress.com
  Spends coming from non-bank partnerships currently stand at around 15% for HDFC Bank, said Parag Rao, country head – payment business, consumer finance technology and digital banking…
• THE FUTURE OF RESTAURANTS MIGHT BE HIDDEN IN A SUBURBAN SHOPPING MALL
  31 March 2022,financialexpress.com
  THE FUTURE OF RESTAURANTS MIGHT BE HIDDEN IN A SUBURBAN SHOPPING MALL…
• Oberoi Mall Becomes India’s First LEED V4.1 O+M Platinum USGBC Certified Retail Destination
  30 March 2022,indiaeducationdiary.in
  Mumbai– Green Building Certification Inc. (GBCI), India’s foremost authority on sustainability in building design, construction, and operation, has announced that it has awarded Oberoi Mall, located in Goregaon, Mumbai with the prestigious LEED V4.1 O+M (Operations and Maintenance) platinum certification. The Green Business Certification Inc. (GBCI) is part of the U.S. Green Building Council (USGBC) that provides independent oversight of professional credentialing and project certification under the Leadership in Energy and Environmental Design (LEED) green building rating system. With this certification, Oberoi Mall has become the first mall in India to achieve LEED V4.1 O+M platinum, the next generation standard for green building design, construction, operations, and performance. It is the highest level of certification that can be attained, making Oberoi Mall the most sustainable retail destination in India…
• Lulu Group’s India ambitions get closer with a $463 million deal
  30 March 2022,insideretail.asia
  Abu Dhabi-based retail conglomerate, Lulu Group, is to invest US$463 million to open shopping malls, hypermarkets and a logistc centre in Tamil Nadu through a memorandum of understanding with the local government…
• Pankaj Jaju on the art of buying for the long haul in retail and real estate
  30 March 2022,economictimes.indiatimes.com
  “We have seen that in real estate, across cycles when prices start moving, volumes start going up and so yes, short term there could be an impact on sales but in the long run, the fundamentals are pretty strong and there are very strong tailwinds for the housing sector as a whole,” says Pankaj Jaju, Founder & CEO, Metta Capital Advisors…
• Online spring festival discounts make a comeback after 2 years
  30 March 2022,economictimes.indiatimes.com
  Online spring festive discounts are making a comeback after two pandemic-hit seasons across apparel, fashion, household decor and appliances, and executives said discounts are higher as companies liquidate stocks and push sales amid reviving consumption sentiment…
• Conscious Consumerism: Indian Retail Ready For The Challenge?
  30 March 2022,outlookindia.com
  Consumers today are more likely to champion brands with a strong purpose that reflects their own values and beliefs. The ethos of the brand is as important as the products they sell…
• Joyalukkas’s strong foothold in south India makes it a better performer than most of the country’s top players
  30 March 2022,businessinsider.in
  Kerala-based jewellery retail chain Joyalukkas India is in the process of going public. The company intends to raise around ₹2,300 crore with fresh issue of shares. About 60% of the initial public offering (IPO) proceeds will be used towards paying debt, then some for opening new stores…
• Samsung keen to ride on 5G transition to increase its market share in smartphones in India
  30 March 2022,timesofindia.indiatimes.com
  Chennai: Samsung Mobiles is keen to ride on the emerging opportunity in the Indian smartphone market as the nation transitions from 4G to 5G in the near future. With a particular focus on mid-segment in terms of pricing, it hopes to increase its market share from the present 25% to 40% by the end of this calendar year…
• Binny Bansal-Backed 021 Capital Invests $5.5 Mn In Online Grocery Retail Startup Super
  30 March 2022,inc42.com
  SuperK plans to utilise this fund for expansion, building a strong team and brand, enhancing technology and supply chain infrastructure…
• Samsung India rolls out consumer financing for other electronic products like TV, ACs
  30 March 2022,economictimes.indiatimes.com
  Samsung India has grown consumer financing for smartphones through its digital consumer lending platform, Samsung Finance Plus, two times in the last one year and has now rolled it out for other electronic products like televisions, refrigerators and air conditioners on a pilot…
• Tata Coffee to be merged with Tata Consumer
  30 March 2022,retail.economictimes.indiatimes.com

  The contours of the transaction include the group first separating the plantations business from Tata Coffee and housing it under a 100% arm of Tata Consumer. It will then merge the remaining business of Tata Coffee, which covers branded coffee — including the ownership in American brand Eight 0’clock — with Tata Consumer…

• Despite high raw material costs and pricing impact, Usha retail remains bullish; expects 40% growth in FY 2022-23
  30 March 2022,retail.economictimes.indiatimes.com
  “Despite the challenges and a complete wash-out in the second wave last year, Usha’s retail business expects a sell-out of 30- 40 per cent growth in FY 2022, especially in the cooling category (fans, air-coolers). This is on the back of a robust omnichannel strategy we have adopted,” said Kohli…
• Citymall raises $75 million in funding led by Norwest Venture Partners
  30 March 2022,retail.economictimes.indiatimes.com
  The funding will be used to expand across categories and geographies, and strengthen its back-end technology, said Angad Kikla, cofounder and CEO of Citymall…
• JioMart Express pilot to start this week as quick deliveries demand rises
  30 March 2022,business-standard.com
  The pilot is expected to begin with select numbers in Navi Mumbai and will eventually be rolled out in phases to include the rest of Mumbai and another one or two cities in the next one to two months…
• Knives out in India: Zomato needs to expand the menu, quickly
  30 March 2022,livemint.com
  India’s food ordering platform Zomato has had an interesting two weeks. It launched its own pilot to deliver food within 10 minutes. It is reportedly considering gobbling up a separate instant grocery delivery service. And its stock price hit its lowest level since the company’s July market debut…
• Parallel system required to support food industry: Restaurant owners of Delhi on night economy
  30 March 2022,retail.economictimes.indiatimes.com
  Deputy Chief Minister Manish Sisodia announced a raft of measures in the budget for the financial year 2022-23 on Saturday like providing land for cloud kitchens, redeveloping major food hubs and introducing a food-truck policy in the national capital…
• Formalwear back in fashion as normalcy returns
  30 March 2022,moneycontrol.com
  Sales of formalwear and officewear had dropped significantly as the Covid-19 pandemic gripped the country and consumers were forced to stay indoors…
• Retail, MSME stressed loans to push up FY23 distressed asset deals, experts predict
  30 March 2022,moneycontrol.com
  Stressed deals are expected in both secured and unsecured loan segments of retail and MSME sectors, said Anil Gupta, vice president and sector head of financial sector ratings at ICRA…
• Jewelry Brand House of Aadyaa Expands Retail Footprint, Opens Store in Mumbai
  30 March 2022,indianretailer.com
  The brand, known for its authentic range of silver jewelry and offering special customization features, aims to expand its retail footprint across the country and has chosen to start its journey with a studio by the name ‘House of Aadyaa.’…
• UAE-based retail major Lulu Group to invest Rs 3,500 crore in Tamil Nadu

  29 March 2022,retail.economictimes.indiatimes.com
  Lulu Group will also set up food processing and logistics centres for procuring and processing agri-produce for exports to middle eastern countries…

• Joyalukkas India files DRHP for Rs 2,300 crore IPO
  29 March 2022,retail.economictimes.indiatimes.com
  The company will use the net proceeds worth Rs 1,400 crore for the repayment or prepayment of borrowings, in full or part of all or certain borrowings for the company and Rs 463.90 crore for financing the opening of eight new showrooms. The funds will also be utilised for general corporate purposes…
• D2C is the future of retail: ETILC members
  29 March 2022,retail.economictimes.indiatimes.com
  Retailers will need to be ready to anticipate demand by analyzing customer trends and applying automation tools. This will be essential to keep pace with both small and large shifts in demand in real-time. As a result of this, both brands and retailers will have to increase their spending on digitization and automation…
• Kalyan Jewellers to appoint former CAG Vinod Rai as chairman
  29 March 2022,retail.economictimes.indiatimes.com
  The appointment will be subject to obtaining requisite regulatory and shareholders’ approvals. Mr. TS Kalyanaraman will continue as managing director on the company’s board…
• Desi single malts at new high, sales up 83%
  29 March 2022,retail.economictimes.indiatimes.com
  “Most consumers are loyal to their preferred blended whisky brands. But when it comes to single malts, people have a tendency to experiment,” said Vinod Giri, director general at the Confederation of Indian Alcoholic Beverage Companies (CIABC)…
• PVR-Inox merger: We want to roll out 200 screens a year, says Bijli & Jain
  29 March 2022,business-standard.com
  PVR and Inox Leisure have inked a deal to merge and will become India’s largest film exhibition company. In an interview, Ajay Bijli, chairman and managing director of PVR, and Siddharth Jain, director of Inox Leisure, talk to Sharleen D’Souza about the way forward for the merged entity…
• Former Unilever executives’ food brand FairPlum raises $2 million in funding
  29 March 2022,retail.economictimes.indiatimes.com
  A clutch of angel investors including Vivek Sirohi, vice president, R&D, Unilever; Amith Agarwal, cofounder and CEO at Agri-Bazaar; and the Dinshaw family office also participated in the round…
• Pep Technologies raises Rs 240 crore in funding led by Paragon Partners
  29 March 2022,retail.economictimes.indiatimes.com
  Mcaffeine will utilise the funds to grow its offline presence to 25,000 outlets from its existing 5,000, expand its sales team, and acquire at least two beauty brands, co-founder Sharma told ET…
• HP to buy audio products maker Poly for $1.7 billion
  29 March 2022,retail.economictimes.indiatimes.com
  HP Inc said on Monday it would buy audio and video products maker Poly for $1.7 billion in cash, a move that would help it take advantage of the electronic products boom sparked by hybrid working. The deal offers $40 for each share of Poly, a premium of about 53% to the company’s last closing price…
• Shopkhoj takes the visitor on a tour of Kolkata’s amazing shops and markets
  29 March 2022,einnews.com
  SHOPKHOJ’s Kolkata section highlights the amazing richness found in the shops and markets of this unique and culturally rich city…
• Buy now, pay later? Behind boom, cause for caution
  29 March 2022,hindustantimes.com
  There is a new dimension to attractive cashbacks and rewards points on shopping, and it is given if you sign up for a new payment option that lets you split your purchase or just pay up later…
• Shopee shuts India operations citing ‘global market uncertainties’
  29 March 2022,cnbctv18.com
  On March 28, the company informed sellers and put up a notice on its website that it will be discontinuing operations in India from 12:00 AM, March 29, 2022. “We regret to inform you that the Shopee India platform will be ceasing operations with effect from 29 March, 12:00 AM IST,” the notice read…
• Digitalizing the Retail Supply Chain
  29 March 2022,indianretailer.com
  India’s retail industry is one of the most complex industries in the world. It is estimated that there are around 12 million retail outlets in the country, with about a million wholesalers and distributors. In 2019, the Indian retail market size was estimated at $779 billion. By 2024, it is expected to reach $1.4 trillion and continues to rise in the years ahead…
• Tirma: Serving Spanish Chocolates For Indian Palette
  29 March 2022,indianretailer.com
  From the very beginning, Tirma has always bet on continuous scaling and renewal of its product range. Therefore, starting with coffee roasting and the manufacturing of products like chocolate, cocoa powder, and wafers, candies and biscuits were incorporated later on…
• Reliance Retail all set to enter in instant grocery delivery service with JioMart platform
  29 March 2022,timesnownews.com
  New Delhi: With e-commerce app JioMart, Reliance Retail—billionaire Mukesh Ambani-controlled Reliance Industries’ (RIL’s) organised retail arm—is all set to enter into instant grocery delivery service to give a hard time to the US-based online retail behemoth Amazon and Walmart’s Flipkart in India…
• Retail Clothing Brand KIAASA redefines apparel industry with amalgamating culture ,tradition and technology !
  29 March 2022,apnlive.com
  After successfully establishing Rugs In Style as one of the leading manufacturers and exporters of beautiful and affordable handmade carpets, the entrepreneur duo Om Prakash and Amit Chauhan has now acquired KIAASA, a women’s ethnic wear clothing brand, with an aim to elevate the brand further and make quality women ethnic wear accessible and affordable. Catering to the same, the duo has been leaving no stones unturned and has been successful in expanding the brand to every nook and corner of the country. As of now, the retailing clothing brand has over 100 operational stores spread across 20 Indian states, and further, the brand plans to launch 250 retail outlets across the country in a couple of years…
• Diamond jewellery major De Beers changes branding
  29 March 2022,telegraphindia.com
  Sachin Jain, managing director, De Beers Forevermark, said the pandemic has given the jeweller an opportunity to rethink on its exclusive store expansion strategy. The format was tested in India at various locations including in Calcutta before the pandemic…
• PVR, INOX Leisure set to merge operations
  28 March 2022,retail.economictimes.indiatimes.com
  The deal, if fructifies, will reshape the country’s film exhibition industry that witnessed its first phase of consolidation over the past decade and a half…
• Cloudtail starts shipping business inventory to other sellers as closure nears
  28 March 2022,retail.economictimes.indiatimes.com
  Vendors who supply to Cloudtail across categories like electronics, health and personal care, and smartphones are being sent new contracts for transfer of the business to new and existing seller entities on Amazon India…
• Delhi Budget: Retail, wholesale shopping festivals to boost economy
  28 March 2022,business-standard.com
  For this market redevelopment, ‘five bazaars’ have been identified initially, and Rs 100 crore outlay has been made in the budget for it, Sisodia said…
• Here’s how much a unit of FMCG costs, across India
  28 March 2022,business-standard.com
  ​​Uttar Pradesh, the largest state in India, pays about Rs 112 for every unit of FMCG that it purchases, the lowest in the country. It’s followed by other Class C states Madhya Pradesh, Chhattisgarh, Bihar, Jharkhand and Gujarat, which all spend less than Rs 120 for one FMCG unit…
• PVR Ltd expects business to reach pre-pandemic levels in first quarter of FY23
  28 March 2022,retail.economictimes.indiatimes.com
  ​​The company is witnessing one of its best-ever months in March in terms of occupancy in theatres, riding on the release of new movies like Gangubai Kathiawadi, The Kashmir Files and RRR. The company’s consolidated loss after tax narrowed to Rs 10.2 crore in the third quarter ended December 31, 2021, mainly due to the easing of COVID-19 related restrictions…
• QSR chain Lassi N Shakes enters Uttar Pradesh, eyes 1,000 outlets by 2025
  28 March 2022,business-standard.com
  ​​Three-year-old restaurant chain Lassi N Shakes has entered Uttar Pradesh with its first outlet launched in Lucknow. The company said that this is its 145th outlet and there are plans to take the total to 1,000 by the end of 2025…
• Delhi govt proposes land for cloud kitchens, food truck policy, strengthening night-time economy
  28 March 2022,retail.economictimes.indiatimes.com
  ​​In such a set-up, people operate in a commercial, centralised kitchen where they partner up with third-party delivery service apps such as Swiggy and Zomato to distribute their food to the public…
• Furniture rental startup Furlenco lays off 180 employees amid restructuring
  28 March 2022,retail.economictimes.indiatimes.com
  The Bengaluru-based startup is backed by the likes of UAE-based CE-Ventures, Zinnia Global Fund, Lightbox, Bollywood actor Aamir Khan, among others…
• DLF to invest Rs 2,000 cr to build two shopping malls in Gurugram, Goa
  28 March 2022,timesofindia.indiatimes.com
  NEW DELHI: Realty major DLF will invest around Rs 2,000 crore to construct two new shopping malls in Gurugram and Goa, as it sees huge growth potential in organised retail with opening up of the economy after significant reduction in COVID-19 cases…
• TN on MoU spree: LuLu Group to ink pacts worth Rs 3.5k crore
  28 March 2022,newindianexpress.com
  CHENNAI: Multinational conglomerate LuLu Group International on Saturday announced it will set up two shopping malls and a 100 per cent export-oriented food processing unit in Tamil Nadu with a total investment of Rs 3,500 crore. Five other companies signed MoUs with the State government with a total investment of Rs 2,600 crore, which could provide close to 9,700 jobs in TN…
• Horizon Industrial Parks plans to invest ₹2k cr across South India
  28 March 2022,economictimes.indiatimes.com
  Horizon Industrial Parks, which has a portfolio of logistics parks in India, owned and managed by Blackstone Real Estate funds, is looking to expand its presence across key southern markets apart from tapping smaller cities…
• How EV Startups Can Drive The Indian Mobility Scene
  28 March 2022,inc42.com
  COP26 Glasgow, India unveiled an ambitious plan — to achieve net-zero carbon emissions by 2070. The adoption of EVs is an integral part of achieving this goal…
• How D2C wellness brand OZiva is building a stronghold in the retail market
  28 March 2022,yourstory.com
  With two rounds of VC funding amidst the COVID-19 pandemic and roping in Deepika Padukone as its brand ambassador, Mumbai-based D2C brand OZiva is going big on holistic health and wellness…
• Indian consumers show cautious optimism; balancing non-discretionary spends: Report
  28 March 2022,retail.economictimes.indiatimes.com
  The consumers surveyed are planning to spend a large share of their wallets on personal care and clothing, recreation, entertainment and leisure travel, followed by electronics and home furnishings and restaurants, it said…
• Joyalukkas India files draft papers to raise Rs 2,300 crore via IPO
  28 March 2022,retail.economictimes.indiatimes.com
  Kerala-based jewellery retail chain Joyalukkas India Ltd has filed draft papers with Securities Exchange Board of India (SEBI) to raise around Rs 2300 crore via initial public offerings. The proceeds from the issue worth Rs 1,400 crore will be used to repay debt. As of February 28, 2022, the total outstanding debt of the firm was at Rs 1,524.47 crore…
• Cloudtail’s closure begins; Reliance aims to be quick-grocery giant
  28 March 2022,retail.economictimes.indiatimes.com
  Cloudtail, which at one point accounted for more than half of all sales on Amazon in India, is now in its final days. Several sources tell us the giant seller has begun transferring its mammoth inventory and business rights to other entities such as VRP Telematics and Rocket Kommerce as Amazon plans to shut it down before May 19…
• Godrej Properties to develop 33-acre project in Bannerghatta Road, Bengaluru
  28 March 2022,freepressjournal.in
  Godrej Properties Ltd., announced it has entered into an agreement to develop a 33 acres land parcel in the residential micro-market of Bannerghatta Road in South Bengaluru. The agreement is for an outright purchase with 5 percent area share to the landowners…
• WROGN co-creator and brand ambassador Virat Kohli, teams up with for new apparel line
  28 March 2022,freepressjournal.in
  Popeye, the Sailor Man is teaming up with cricketer, Virat Kohli, for the all-new Popeye x WROGN men’s apparel line, available now in India…
• Dhruv Sayani: The Extraordinaire Man Leading Ccigmaa Lifestyle Pvt Ltd
  28 March 2022,outlookindia.com
  Ccigmaa Lifestyle is a part of a group company with a legacy of over 50 years in manufacturing and exporting hair care products and accessories to over 75 countries across the globe for the past 27 years recognised by the Government of India for highest exports…
• How Gourmet Popcorn Brand 4700BC Planning to Achieve 2.25x Growth
  25 March 2022,indianretailer.com
  Chirag Gupta ,In the ecosystem of modern snacking, popcorn is a fun, healthy, convenient, on-the-go, dry snack that is increasingly drawing the interest of health and wellness conscious snackers who are increasingly looking for great-tasting snacks but without the guilt, and which includes lower fat and calories, and natural ingredients…
• View: Towards a consumer-led greener future
  25 March 2022,cnbctv18.com
  As we step out of a two-year challenging period on the back of COVID-19, the overall outlook for the near and long term seems quite bullish for India. There is a general sense of good times to come and the country has started looking at decarbonising itself is already firing from all cylinders on the sustainability front…
• Modernizing retail: Falabella delivers omnichannel experiences consistently
  25 March 2022,forbesindia.com
  In conversations centred on retail transformation, the dominant narrative is the growth of e-commerce. This narrative often overshadows the role of brick-and-mortar stores in the overall customer experience. According to McKinsey, senior executives of major North American retailers have confirmed that over the last two years, eCommerce sales grew in locations with physical stores as compared to those without – indicative of brand presence having a significant halo effect on eCommerce sales…
• SmartDukaan Set to Transform the Indian Mobile and Electronics Retail Industry by Re-inventing its Unorganized Markets

  25 March 2022,theweek.in
  SmartDukaan, a technology-driven direct to retail network committed to bridge the gap between organized urban mobile & electronics retail market and the unstructured sector. It is set to bring millions of retailer’s & consumers dreams to reality across the country. With its vast experience in retail and distribution sectors, the firm aspires to be a significant driver in ensuring equitable possibilities for all retailers by providing comprehensive digital and operational assistance…

• Is RBI’s retail direct scheme a good option for investors?
  25 March 2022,livemint.com
  Thousands of investors have opened Retail Direct Gilt (RDG) accounts, a one-stop solution provided to small individual investors by the Reserve Bank of India (RBI) to buy and sell government securities such as Treasury Bills (T-Bills), government dated securities (G-sec) and state development loans (SDLs)…
• Meesho served notice on non-compliance with metrology rules on country of origin, other details
  25 March 2022,retail.economictimes.indiatimes.com
  The rule on country of origin had become a bone of contention during the India-China border tension in 2020. The department had fined Amazon India in 2020, in one of the first such instances of non-compliance of the rule…
• Zomato leads $5 million funding round in Mukunda Foods
  25 March 2022,retail.economictimes.indiatimes.com
  This Zomato-led series A funding round has taken Mukunda Foods’s valuation to USD 30 million. The brand has previously raised funds from Ncubate Capital, Singapore Angel Network, and Indian Angel Network. Till now, the brand has raised a total of around USD 8 million, including the current fundraising…
• Aiming to make Patanjali & Ruchi Soya No. 1 FMCG firm in 5 years: Ramdev
  25 March 2022,retail.economictimes.indiatimes.com
  When asked about the group’s current revenue and ranking in the sector, Ramdev said, ” Our combined turnover of Patanjali group, including Ruchi Soya, is over Rs 35,000 crore and it is ranked second in the FMCG and food space, after HUL.”…
• Nykaa would have grown faster in early days with a tech-savvy cofounder, says CEO Falguni Nayar
  25 March 2022,retail.economictimes.indiatimes.com
  Falguni Nayar, who took Nykaa public in November 2021, admitted that the company was a late bloomer on the tech front…
• Apple, Samsung drive 32-fold jump in export of smartphones in 4 years to top $5bn in 2021-22
  25 March 2022,retail.economictimes.indiatimes.com
  The country’s total smartphone exports are set to be upwards of Rs 42,000 crore ($5. 6 billion) in the justending fiscal, a growth of nearly 83% against Rs 23,000 crore achieved in 2020-21. The growth has been meteoric if one considers that till just four years ago, smartphone exports were only at around Rs 1,300 crore (in 2017-18), which then moved up sharply to Rs 11,200 crore in 2018-19, and thereafter to Rs 27,200 crore in 2019-20…
• Consumer sentiment recovers sharply after setback suffered in second wave: CMIE
  25 March 2022,retail.economictimes.indiatimes.com
  According to CMIE, between June 2021 and February 2022, the index of consumer sentiments (ICS) scaled up by a substantial 31.9% while in the first three weeks that ended in March, the index scaled up by another 8.2%…
• Beverage brand Malaki crossed a million units last year, aims 10-12 million by year end
  25 March 2022,retail.economictimes.indiatimes.com
  “At present, we are exceeding one lakh units a month and we should reach 7.5 lakh to 1 million units per month by the year-end. Consumer taste and preferences have drastically changed over the last five years. They are avoiding the traditional colas and are looking at new age beverages which balance taste, quality and calories,” said Ashish Bhatia, co-founder at Malaki…
• Nestle’s pricing power to play rescue act in trying times
  25 March 2022,livemint.com
  Akey takeaway from Nestlé India Ltd’s CY21 annual report released recently is that advertising & sales promotion (A&P) costs as a percentage of sales has dropped further. The company follows a January to December financial year. Nestlé provides the A&P details in its annual report only. The ad spends-to-sales ratio has seen a consistent decline in recent years…
• Cocoblu Retail to take over fashion, apparel business of Amazon’s largest seller Cloudtail
  25 March 2022,economictimes.indiatimes.com
  Kolkata/New Delhi: Cocoblu Retail is going to take over the fashion, apparel and accessories business of Amazon’s largest seller Cloudtail, which is going to shut down in about a month’s time, four industry executives said…
• Centric Software® Welcomes First Customers in India
  25 March 2022,prnewswire.com
  CAMPBELL, Calif., March 24, 2022 /PRNewswire/ — Centric Software, the Product Lifecycle Management (PLM) market leader, is celebrating its latest partnerships with three successful companies in India. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source and sell products such as apparel, footwear, sporting goods, furniture, home décor, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals…
• ‘India is now creating products for the world’ – 20 quotes on the India business opportunity
  25 March 2022,yourstory.com
  Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous edition here). Share these 20 gems and insights from the week of March 14-20 with your colleagues and networks, and check back to the original articles for more insights. See also our special compilation of quotes related to India’s coronavirus responses here…
• How AR, VR, and Metaverse Helping the Retail Industry Transform
  25 March 2022,indianretailer.com
  As the Metaverse expands, it will develop online spaces that allow for more multidimensional user interactions than present technology allows…
• Time to open economy but with caution: Centre tells states, UTs
  24 March 2022,timesofindia.indiatimes.com
  NEW DELHI: In view of a decline in Covid-19 cases, the Centre on Wednesday asked states to follow a risk assessment-based approach on the opening of economic and social activities…
• Freshpik: Reliance Retail’s Experiential Gourmet Food Superstore
  24 March 2022,indianretailer.com
  With the launch of Freshpik, Reliance Retail forayed into the ultra-premium grocery segment in India…
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  24 March 2022,nytimes.com
  Limited time offer. This is an offer for a Basic Digital Access Subscription. Your payment method will automatically be charged in advance every four weeks. You will be charged the introductory offer rate of $4 every four weeks for the introductory period of one year, and thereafter will be charged the standard rate of $17 every four weeks until you cancel. Your subscription will continue until you cancel. You can cancel anytime. Cancellations take effect at the end of your current billing period. The Basic Digital Access Subscription does not include e-reader editions (Kindle, Nook, etc.), NYT Games (the Crossword) or NYT Cooking. Mobile apps are not supported on all devices. These offers are not available for current subscribers. Other restrictions and taxes may apply. Offers and pricing are subject to change without notice…

• Cautious Optimistic Indian Consumers Balancing Non-Discretionary Spends with Increased Savings
  24 March 2022,indianretailer.com
  Consumers are concerned as prices of everyday purchases are increasing (71 percent). They are delaying expensive purchases (61 percent) and using credit cards to stretch paychecks (59 percent)…
• India’s Sanjiv Goenka Group Scouts for Retail, IT Sector Targets
  24 March 2022,bloomberg.com
  RP Sanjiv Goenka Group is looking to acquire companies in local retail, technology and power distribution sectors as the diversified Indian conglomerate looks to rapidly scale up…
• INTERVIEW: Chumbak to open more than 50 stores in the next 2-3 years
  24 March 2022,businessinsider.in
  Chumbak, which is a Gurgaon-based home and lifestyle brand, is planning to expand its offline footprint by opening over 50 new stores in various cities of India. The company is looking forward to opening stores in tier 2 cities and states like Jaipur, Tamil Nadu, and Northeastern states…
• Reliance Brands buys Sunglass Hut’s India franchisee rights, stores
  24 March 2022,retail.economictimes.indiatimes.com
  Sunglass Hut, owned by Italy’s Luxottica Group, retails multi-brand premium eyewear products from Ray-Ban, Prada, Burberry, Dolce & Gabbana and Oakley, among various other labels…
• Bajaj Electricals extends licence pact with Morphy Richards for 15 years
  24 March 2022,retail.economictimes.indiatimes.com
  “With the licence renewal, the company will be able to further strengthen its multi-brand offerings and position in the Indian and neighbouring territories,” it said…
• Adani Wilmar plans acquisition of brands and processing units in mass rice segment
  24 March 2022,retail.economictimes.indiatimes.com
  ​​​The company will launch branded daily-use rice under the fortune brand beginning with West Bengal from early April. Staple is just 11 per cent of the company’s topline…
• Meesho launches integrated e-commerce app for buyers, sellers
  24 March 2022,retail.economictimes.indiatimes.com
  ​​​”In a bid to further aid the digitisation of small businesses in the country, Meesho…today announced the launch of an integrated e-commerce mobile app for Android users,” the company said in a statement…
• How technology can help retailers thrive and combat supply chains woes
  24 March 2022,retail.economictimes.indiatimes.com
  Today, retailers are adopting a data-driven approach to manage supply chains and meet the surge in demand efficiently. Purchase patterns are incredibly volatile during high-demand seasons with massive spikes seen across categories, deals, and consumer cohorts. Data analytics can be extremely insightful in this scenario…
• Knitwear exports from Tirupur clock $ 4 billion: Association
  24 March 2022,retail.economictimes.indiatimes.com
  President of TEA Raja M Shanmugham thanked Prime Minister Narendra Modi for rebate on State and Central taxes and levies (RoSCTL) for three years for the garment sector, remission of duties and taxes on export products (RoDTEP) for other industries, additional 10 per cent credit under emergency credit-line guarantee scheme (ECLGS), continuance of interest equalisation scheme with retrospective effect from October last year, said the release…
• Online beauty brand Plum raises $35 million in funding led by A91 Partners
  24 March 2022,retail.economictimes.indiatimes.com
  The startup will use the funding to grow its omni-channel presence and accelerate expansion in categories beyond skincare, and also add new geographies. It will also invest in marketing and technology…
• Indian real estate engine on the right track: CBRE India Market Outlook Report 2022
  24 March 2022,constructionweekonline.in
  CBRE South Asia has released its ‘Real Estate Market Outlook 2022 – India’ report at the CII Annual Real Estate Conference – ‘Reinvigorating the Real Estate Industry in 2022 & Beyond’…
• Jaimin Gupta with Barcelona for Business B2B app to onboard 10 lac garment store in one year
  24 March 2022,oneindia.com
  Jaimin Gupta, the managing director and promoter of brand Barcelona- India’s leading men’s wear fashion brand, announced today, that in consequence to the Barcelona B2B app launch in January’2022,the Company has received tremendous response from the retailers at PAN India level and now starts the scaling journey of App…
• Trent hits record high; rises 12% in five days
  24 March 2022,business-standard.com
  Trent added 1.12% to Rs 1305, extending its winning run to fifth consecutive trading session…
• Clean Origin Receives $20 Million Equity Investment from Titan
  24 March 2022,businesswireindia.com
  Great Heights Inc., and its subsidiary Clean Origin LLC, leading online DTC retailers of lab-grown diamonds, engagement rings and jewelry, today announce a $20 million equity investment from TCL North America, Inc. (TCL Inc), a wholly-owned subsidiary of Titan Company Limited (NSE:TITAN) – an Indian luxury products company known for manufacturing jewelry and watches – to further expand the business. Clean Origin plans to use the funds to scale its operations, strengthen its supply chain, invest in omnichannel retail experiences, leverage cross border Indian-American synergies, and build a fortress balance sheet to further dominate the lab-grown diamond engagement ring industry…
• Antaryaa launches its first retail experience center with accelerating demand for Home Interiors
  24 March 2022,devdiscourse.com
  Antaryaa Homes, an interior design and furniture company, has opened its flagship studio in the millennium city, Gurugram…
• Changing Shopping Experience In New Normal
  23 March 2022,indianretailer.com
  Select CITYWALK is one of the most admired, upscale, and responsible shopping centers across India. Having created a niche for itself, the mall has been leading the retail revolution for discerning shoppers of India for the last 13+ years…
• CMR Shopping Mall opens in Kothagudem
  23 March 2022,thehansindia.com
  CMR Shopping Mall new branch was opened here in the coal town of Kothagudem on Monday…
• Viviana Mall strikes a chord with a #ShameBodyShaming Fashion Show
  23 March 2022,prnewswire.com
  MUMBAI, India, March 22, 2022 /PRNewswire/ — Too Fat, Too Skinny, Too Short, Too Tall, Too Dark, Too Fair; these are words women have to listen to regularly from society. No matter what, unfortunately body shaming continues and women are expected to have the perfect hourglass figure or long hair or be of a certain height to look attractive and fit into society’s conventional beauty standards…
• Kolkata: Life reboots 2 years after lockdown jolt
  23 March 2022,timesofindia.indiatimes.com
  KOLKATA: Amra cha khabo na? Khabo na amra cha? (Won’t we drink some tea?): this question by a daily-wage earner on the day of Janta Curfew on March 22, 2020, went viral, leading to endless memes, but it kind of summed up what was on everyone’s mind. No one was sure what the word, “lockdown” meant and it was a shocking realization that the world we had known so far might change forever…
• Now, phishers dangle QR codes, e-wallets as baits
  23 March 2022,timesofindia.indiatimes.com
  The poor lack much, but the greedy lack more’. Online fraudsters understand this maxim only too well. More vigorously than ever, they are targeting the greedy and leaving them poorer by floating schemes offering travel deals to investment in e-wallet sand through betting portals. They lure a potential victim to transfer a sum as small as ₹2as a ‘test transaction’ or send a QR code, and within moments empty the bank account…
• Home Textile Industry Trends to Look Forward to in 2022
  23 March 2022,indianretailer.com
  Over the last 7-8 years, rapid urbanization, rising incomes, aspirations for a better lifestyle, and social and economic development of rural areas have led to an average demand growth of 15-20 percent CAGR in quantitative terms for home textiles…
• How Cora is Using Technology to Grow at 40 pc on Monthly Basis
  23 March 2022,indianretailer.com
  Cora currently has 300+ brands on the platform which they have curated to provide high-quality products to its customers…
• How much is the Online Fashion Retail Market worth? : Amazon, Flipkart, Paytm mall, Yepme, 99labels and more
  23 March 2022,digitaljournal.com
  The report on the Online Fashion Retail market is an accumulation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry specialists and industry participants over the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per various segments. The report further maps the qualitative impact of diverse market factors on market segments and geographies. The base year for the market is calculated to be from 2022 to 2028…
• Zomato’s 10-minute delivery plan has everyone on the boil
  23 March 2022,retail.economictimes.indiatimes.com
  Many restaurant executives told ET they won’t be able to offer fresh food within 10 minutes even as Goyal clarified on his Twitter handle that the initiative that he announced late on Monday will be for “popular and standardised items only” in nearby locations…
• JFL to acquire Golden Harvest’s remaining 10% stake in Jubilant Golden Harvest JV
  23 March 2022,retail.economictimes.indiatimes.com
  Jubilant Golden Harvest Ltd (JGHL) is a JV between JFL and Golden Harvest Ltd, a Bangladesh-based business group with diversified interests in various sectors, including food, dairy, commodities trading, international QSR, logistics and real estate development…
• Arvind’s board appoints Swayam Saurabh as CFO; reappoints Sanjay Lalbhai as CMD
  23 March 2022,retail.economictimes.indiatimes.com
  The board in a meeting held on Tuesday approved “appointment of Swayam Saurabh, as the CFO of the company with effect from March 22, 2022, as a Key Managerial Personnel under Section 203 of the Companies Act, 2013 in place of Jayesh Shah who will continue as Whole-time Director of the company and Group CFO,” it said…
• Just Eat Takeaway.com agrees delivery partnership with McDonald’s
  23 March 2022,retail.economictimes.indiatimes.com
  The partnership will “support growth of the McDelivery business and will lead to increased operational benefits for Just Eat Takeaway.com,” Takeaway said in a statement…
• Virat Kohli invests in Rage Coffee
  23 March 2022,retail.economictimes.indiatimes.com
  This is not the first investment from the former captain of the men in blue, who, along with his wife Anushka Sharma, invested a small amount in Blue Tribe Food, a home-grown plant-meat brand, in February this year…
• Demand soars with summer, beer supply woes hit Kolkata
  23 March 2022,retail.economictimes.indiatimes.com
  Supply of some popular brands like Tuborg, Carlsberg and Kingfisher has come down to a trickle due to ‘logistical bottlenecks’ triggered by a shift back to private distributorship of liquor in the state, according to industry sources. This has coincided with a sudden spurt in demand, they said…
• FMCG volumes and margins to remain under pressure for next four quarters: Arvind Singhal
  23 March 2022,retail.economictimes.indiatimes.com
  “Unlike in the past, where sometimes one could see volume growth if not margin growth or sometimes one could pass on the prices to the consumers and therefore may not see volume growth but at least get better margins, in the next four quarters, both volumes as well as margins will be under pressure. That is why I am using the word pessimism in the case of FMCG companies.”…
• Tata Coffee board approves re-appointment of Chacko Purackal Thomas as MD & CEO
  23 March 2022,retail.economictimes.indiatimes.com
  The Board of Directors in a meeting held on Tuesday approved the re-appointment of K Venkataramanan as Executive Director – Finance and Chief Financial Officer of the Company for a term of one year starting from October 25, 2022 to October 24, 2023…
• Changing Trends In Fruits’ & Vegetables’ Shopping In India
  22 March 2022,apnnews.com
  I still remember the day Mrs. Reddy walked up to me and casually commented that ‘add to cart’ is her favourite time pass these days. The pandemic did change the manner in which we bought everything, especially the basic consumables. Like her, there are scores of men and women who have made a large contribution to the digital landscape in India with their frequency of online shopping. There has been a boom in digital penetration in India with the Internet user base being on a growth trajectory. According to reports in the Economic Times & Business Standard, India has about 826 million Internet subscribers and more than 600 million smartphone users…
• Total private philanthropic giving in India estimated to grow at about 12% annually
  22 March 2022,economictimes.indiatimes.com

  India’s total social sector funding has seen a 12% annual growth over the past five years. In fact, FY 2021 witnessed a sharp increase, with a 20% jump and most of this rise has been a result of increased government expenditure…

• How India is insulated against runaway inflation

  22 March 2022,timesnownews.com
  Global inflation is not the result of increase in demand. It is essentially due to supply-side disruptions caused by lockdowns, weak-end curfews, longer port delays, higher freight rates, shortage of shipping containers, and shortage of inputs. The Russian invasion of Ukraine has further raised inflationary concerns owing to expected global trade disruptions and increase in crude oil prices…

• Instant delivery – The latest favourite for brands
  22 March 2022,brandequity.economictimes.indiatimes.com
  For a lot of us, hearing names like Blinkit and Swiggy Instamart immediately draws our minds towards ‘instant delivery’. Called ‘quick commerce’, this has been another retail trend that has picked up in the last couple of years…
• We expect revenue to touch about $1.5 billion in UAE market by 2023: Malabar Gold & Diamonds chairman
  22 March 2022,retail.economictimes.indiatimes.com
  We have a robust growth outlook for India, UAE and South East Asia markets. Our global expansion plan is to increase the number of outlets from the existing 280 to 750 in a couple of years across all the key markets…
• We expect revenue to touch about $1.5 billion by 2023: Malabar Gold & Diamonds chairman
  22 March 2022,retail.economictimes.indiatimes.com

  We have a robust growth outlook for India, UAE and South East Asia markets. Our global expansion plan is to increase the number of outlets from the existing 280 to 750 in a couple of years across all the key markets…

• Online retail in India forecast to grow at a CAGR of 19.8% to reach $85.5 billion by 2025: Report
  22 March 2022,thehindubusinessline.com
  Amazon-Flipkart duopoly is fast becoming a four-way competition as Reliance Digital and Tata join the fray, says report by Forrester…
• China’s economic slowdown presents major opportunities for India
  22 March 2022,retail.economictimes.indiatimes.com
  “The Indian economy, in particular, has pursued its economic reforms in an uninterrupted manner during the last decade including for improving the Ease of Doing Business. India’s emergence as an alternative to China is compelling because, in infrastructure, transportation, mass education, literacy, public health, e-commerce, work opportunities for women and skilled workforce etc., India is far ahead among its peers,” Hongkong post reported…
• ONDC to help small retailers serve customers with modern ways of delivery: Piyush Goyal
  22 March 2022,retail.economictimes.indiatimes.com
  As UPI is to the digital payment domain, ONDC is to e-commerce in India. It will enable buyers and sellers to be digitally visible and transact through an open network, no matter what platform/application they use…
• Zomato eyes 10-minute food delivery, to launch ‘Zomato Instant’
  22 March 2022,retail.economictimes.indiatimes.com
  Goyal shared that he realised that the 30 minutes average delivery time by Zomato is too slow, and will soon have to become obsolete. “If we don’t make it obsolete, someone else will,” he wrote in the blog post adding that innovating and leading from the front is the only way to survive and thrive in the tech industry…
• Ruchi Soya to use Rs 3,300 cr from FPO proceeds to retire debt: CEO
  22 March 2022,retail.economictimes.indiatimes.com
  “Of the total Rs 4,300 crore proceeds, Rs 3,300 crore will be used to retire 80-85% debt. We The debt component of the company’s balance sheet will be negligible and the plan is to retire that also in a few month’s time. The company has to be debt free as early as possible other than the working capital requirements.”…
• Meesho hires former Disney+Hotstar executive Harsh Chaudhary to lead monetisation efforts
  22 March 2022,retail.economictimes.indiatimes.com
  Harsh Chaudhary will lead the team that will look to bulk up revenue generation from Meesho’s various business units…
• Digitization role in Retail Industry: In conversation with Deepak Suri from Maersk
  22 March 2022,retail.economictimes.indiatimes.com
  In conversation with Deepak Suri, Head of Customer Solutions, South Asia, MAERSK…
• Business picking up, services too catching up, says Nomura
  22 March 2022,retail.economictimes.indiatimes.com
  Nomura flagged concerns on inflationary impact of the Ukraine-Russia conflict, saying it expected it to dominate GDP growth drag…
• Vignesh Soundararajan appointed MD, Suguna Foods
  22 March 2022,retail.economictimes.indiatimes.com
  The current managing director and co-founder Mr.G.B Sundararajan will continue to be associated with Suguna Foods as part of the board…
• Restaurants at corporate parks, office hubs see sales zoom
  22 March 2022,livemint.com
  NEW DELHI : As employees trickle back to work, cafes and resto-bars located in and around corporate parks and office hubs are reporting early signs of an uptick in demand…
• VCs without women in key position find difficult to understand women centric biz: Nykaa’s Adwaita Nayar
  22 March 2022,retail.economictimes.indiatimes.com
  Nykaa CEO Adwaita Nayar at a FICCI event said that the founders of her company approached several investors but were rejected because of the absence of women in key positions in venture capitalist firms…
• FMCG stars of 2020 see a dip in their popularity
  22 March 2022,retail.economictimes.indiatimes.com
  That pace of growth slowed once the threat of the pandemic waned. These segments fell 5% compared with 56% expansion on average. Companies, however, said penetration and absolute sales still remained significantly higher compared to pre-pandemic periods despite the dip…
• ‘Revenge shopping’ helping malls fill up fast as Covid wanes
  21 March 2022,economictimes.indiatimes.com
  Retail malls across India are witnessing an accelerated rebound in footfalls, conversion of those into revenue, and occupancy levels as the third wave of the Covid-19 pandemic subsides…
• Nashik malls & eateries can operate at full capacity

  21 March 2022,timesofindia.indiatimes.com

  NASHIK: The district disaster management authority on Saturday issued revised order allowing shops and establishments in Nashik city to operate at 100% capacity with immediate effect, while allowing all gatherings to take place at 50% occupancy of the premises in the city…

• Reliance Retail buys lingerie brand Clovia
  21 March 2022,timesofindia.indiatimes.com
  MUMBAI: Reliance Retail Ventures, an arm of Reliance Industries, has acquired 89% of Purple Panda Fashions, owner of Clovia intimate wear brand, for Rs 950 crore…
• RIL-ACRE’s offer for Sintex Industries gets over 90% support from lenders
  21 March 2022,retail.economictimes.indiatimes.com
  The other three resolution applicants in the fray were Himatsingka Ventures, a Welspun Group entity and GHCL. Earlier this month, resolution professional Pinakin Shah asked the committee of creditors to vote on the four resolution plans by March 10, a deadline that was extended twice…
• What Nykaa CEO says about VCs without women in key positions
  21 March 2022,business-standard.com
  Nykaa CEO at a FICCI event said that the founders of her company approached several investors but were rejected because of the absence of women in key positions in venture capitalist firms…
• Readymade garment makers record 50% jump in orders
  21 March 2022,retail.economictimes.indiatimes.com
  Indore: Readymade garment manufacturers of Indore, a hub for small and medium sized garment manufacturers, have seen a jump of over 50 per cent in bookings for the upcoming wedding season, the highest in the past two years…
• Dodla Dairy acquires Krishna Milk for Rs 50 cr
  21 March 2022,retail.economictimes.indiatimes.com
  In a regulatory filing, Dodla Dairy informed that the company has executed an agreement with Sri Krishna Milks Pvt Ltd for the acquisition of business as a “going concern” and on a slump purchase basis for consideration of Rs 50 crore…
• Nestle India relied more on railways, water routes in 2021: Report
  19 March 2022,business-standard.com
  Nestle increased the use of bigger size vehicles from 5.9 per cent in 2019 to 9.8 per cent in 2021 and started using railways, which was not used in 2019. It also introduced four waterways in 2021…
• Kolkata: Bars, restos expect full house on Holi weekend
  19 March 2022,business-standard.com
  Restaurants and bars across the city expect footfall to soar during the Holi weekend that could see revellers swarming them in droves to observe the first big festival ‘post-Covid’…
• Despite online growth, consumers still prefer to purchase large-ticket products offline
  19 March 2022,business-standard.com
  It’s not just online shopping that boomed during the pandemic, but consumers seem to have also preferred buying products such as smartphones, televisions, refrigerators or even apparel from large retail chains…
• Zomato in talks with restaurants, cloud kitchens for 10-minute deliveries
  19 March 2022,retail.economictimes.indiatimes.com
  The company is likely to launch a pilot programme from April in a few cities, with Gurgaon likely being the first, the people said, speaking on the condition of anonymity since the experiment has not yet started…
• Britannia aims 50 per cent women in workforce by 2024
  19 March 2022,retail.economictimes.indiatimes.com
  Britannia Industries Chief Marketing Officer (CMO) Amit Doshi said that at present 38 per cent of the company’s workforce is women…
• European consumer electronics firm Thomson eyes 10% market share in India
  19 March 2022,retail.economictimes.indiatimes.com
  European consumer electronics firm Thomson on Thursday announced a range of air conditioners in India with an aim to capture 10 per cent market share…
• Blue Star expects 20-25% growth; will decide on price rise in middle of April: MD
  19 March 2022,retail.economictimes.indiatimes.com
  “The Russia Ukraine war has led to higher input costs. Also if the summer season is better than what we all planned for, then we may exhaust our stock by May itself and therefore we have decided that we will review the prices by the middle of April once again.”…
• FabIndia IPO targets ESG investors without ticking ‘green boxes’
  19 March 2022,retail.economictimes.indiatimes.com
  “We are ESG in the way we operate in terms of connecting the artisans, the farmers,” Gopal Mishra said in an interview with Bloomberg News. “This is not that we have done something specially for ESG or ticked those green boxes.”…
• Nykaa’s Falguni Nayar net worth is 5x higher than Paytm’s Vijay Shekhar Sharma
  19 March 2022,livemint.com
  Nykaa founder and CEO Falguni Nayar has become the wealthiest new entrant in the Hurun Global Rich List 2022, boosted by the beauty company’s stellar IPO and debut on markets…
• H&M takes on internet rivals with external fashion brands
  19 March 2022,livemint.com
  “Customers are now able to shop from more brands in the H&M Group family, as well as from a curated selection of other fashion brands such as Lee, Wrangler and Kangol, among others,” a spokesperson told Reuters by email…
• Handbags at dawn: Chanel duels South Korean resellers in luxury boom
  19 March 2022,retail.economictimes.indiatimes.com
  The storied French fashion and luxury company told Reuters it has seen traffic to its boutiques in South Korea skid since it began screening for customers it believed might be stocking up purely to flip to others in the resale market…
• Yum China boosts buyback plan by $1 billion
  19 March 2022,retail.economictimes.indiatimes.com
  It said on Thursday it has bought back 4 million shares for $188 million so far this quarter, and returned nearly $1.7 billion to shareholders through dividends and repurchases to date…
• Offline play driving sales for Apple in India; partners bullish
  19 March 2022,retail.economictimes.indiatimes.com
  ET spoke with Apple premium resellers or APRs such as Unicorn Infosolutions, iDestiny stores and Coimbatore iPlanet that said affordability options, growing customer aspiration and aggressive portfolio from Apple are driving the sales across their stores in the country…
• Trent surges 8%, hits record high on hopes of strong earnings
  19 March 2022,business-standard.com
  The stock has gained 19 per cent in the last one month after the company reported a strong set of numbers for the December quarter and the management showed optimism over the future growth…
• Infiniti Retail raises borrowing limit to support expansion
  19 March 2022,business-standard.com
  Infiniti Retail, the Tata Group’s smartphone and electronic retailing business that owns the Croma chain of stores, has raised the borrowing limit from Rs 400 crore to Rs 3,000 crore to support its aggressive expansion plans, the company’s latest regulatory disclosures to the Registrar of Companies (RoC) showed…
• 9 Indian D2C Mattress Brands Helping India Sleep Better

  19 March 2022,inc42.com
  The mattress industry has emerged as a $2.5 Bn market, offering premium quality mattresses and other allied sleep products to Indian consumers..

• Weekly rundown: Amagi turns unicorn with Accel funding; Licious bags $150 mn round
  19 March 2022,businesstoday.in
  Amagi, a cloud-based SaaS technology for broadcast and connected TV turned unicorn after raising $95 million in its latest funding round…
• Lulu Hypermarket to screen, select MSPO-certified companies to enter UAE
  19 March 2022,theedgemarkets.com
  KUALA LUMPUR (March 17): Conglomerate Lulu Group International will select a number of Malaysian Sustainable Palm Oil (MSPO)-certified companies to help expand their market in the United Arab Emirates (UAE), as well as penetrate other countries including India…
• Ocado Retail lowered its annual sales outlook
  19 March 2022,freshplaza.com
  Amazon.com Inc said it would counter any disruptions due to the lockdowns in Chinese cities by diverting freight to warehouses in unaffected regions, as companies rush to comply with the country’s controls to curb the spread of COVID-19…
• GrubMarket has completed the acquisition of SunFed
  19 March 2022,freshplaza.com
  For the 2nd year in a row, The Fresh Market has been named the “Best Supermarket in America” in USA Today’s 10Best Readers’ Choice Awards. Hy-Vee was again named the No. 2 supermarket and Aldi took over the 3rd spot…
• Tata Group Readies Its Own UPI App Ahead of Super App Launch
  19 March 2022,thequint.com
  Tata Group is reportedly venturing into India’s digital payments industry to compete with the likes of PhonePe, Google Pay, Amazon Pay, and Paytm…
• FMCG cos should increase margins for kirana stores: METRO Cash & Carry India MD
  17 March 2022,retail.economictimes.indiatimes.com
  “Why is that because they have kept the margins of the traditional retailers fixed and unchanged over the past 30 years,” said Mediratta while speaking at a panel discussion in a programme organised by industry body FICCI and ICPRG…
• Tata Starbucks plans to open 8 new airport stores across 6 cities
  17 March 2022,retail.economictimes.indiatimes.com
  “The opening of the stores demonstrates the company’s long-term commitment to the market, and the dedication to meet the evolving needs of the customers. The stores will be designed to provide a warm and convenient experience for customers, whether they are taking a break in transit between flights or getting their favourite beverages to enjoy on their next flight,” it said…
• Will soft drinks brands make a comeback this summer?
  17 March 2022,retail.economictimes.indiatimes.com
  After two back-to-back holiday seasons washed out by the pandemic, this summer is being pitched as the big comeback season for soft drink brands. The lifting of Covid-19 restrictions is expected to increase demand for beverages driven by out-of-home consumption, while in-house consumption remains robust. But driving consumption to price-sensitive customers in an inflationary environment remains a challenge. Will these brands deliver?…
• Inditex says 2021 net profit more than doubled from 2020
  17 March 2022,retail.economictimes.indiatimes.com
  Most of Inditex’s 6,657 stores worldwide were reopened from mid-2021 and the world’s biggest fashion retailer’s sales reached 27.7 billion euros, 36% more than in 2020 and close to pre-pandemic levels…
• Inside the emerging market for STEM toys in India
  17 March 2022,livemint.com
  The design, research and development (R&D) lab of Smartivity, a startup manufacturing toys for children, is located in a congested bylane of south Delhi. The space on the first floor, about 900 sq feet in size, has none of the dazzle India’s new-age startups are associated with…
• Shoppers Stop investors see a glimmer of hope in markets
  17 March 2022,livemint.com
  Shares of Shoppers Stop Ltd rose by nearly 8% on Wednesday on NSE, taking the gains so far in 2022 to 17%. The retailer is a key beneficiary of the receding covid cases in the country…
• Formal wear, smart casuals re-enter shopping carts

  17 March 2022,livemint.com

  As the omicron wave ebbs and more and more offices open up, colleges resume offline classes, and restaurants and theatres operate without restrictions, there’s an unmistakeable surge in mobility. Not only are workplace visits on the rise, flights are also operating at full capacity. Add to this the steady revival of on-ground events, whether corporate meets and summits, or entertainment gigs…

• Spice Story raises funds from Agility Ventures, others
  17 March 2022,retail.economictimes.indiatimes.com
  “Spice Story… has raised an undisclosed pre-series A round fund from Agility Ventures, Maxar.vc, Nafa capital and select FMCG industry leaders viz. Anupam Bokey, Anand Dhodapkar, etc,” the startup said in a statement…
• Tailwinds associated with retail furthered our strategy: Walmart Inc CEO Doug McMillon
  17 March 2022,retail.economictimes.indiatimes.com
  ​​”We had a strategy when the year started before 2020 got interrupted. And it turned out that the tailwinds that were associated with retail furthered our strategy. We have become more digital. Our delivery business has grown globally, and our pickup business in some countries has really grown. Many of the things we had already started just really accelerated,” Doug McMillon said…
• Mantri completes 12 years of service

  17 March 2022,bangaloremirror.indiatimes.com
  Situated in the heart of the city, in Malleswaram, and considered a popular landmark, Mantri Square mall completed 12 years of operation on Wednesday…

• The Body Shop India Expands Retail Footprint, Opens Sustainability-Focused Store in Mumbai
  17 March 2022,indianretailer.com
  The Body Shop is known all over the world for pioneering the philosophy that business can be a force for good, for launching new standards of ethics in business, and for its change-making business for the last 45+ years…
• PUMA Expands Product Portfolio, Opens Largest Experiential Store in South India
  17 March 2022,indianretailer.com
  PUMA’s newest store is a significant step by the brand to provide an unprecedented experience to its shoppers and create meaningful offline engagement…
• Reliance Retail is world’s second fastest-growing retailer: Deloitte report
  17 March 2022,financialexpress.com
  Reliance Retail is also the only Indian company to be featured for the fifth year in a row among the top 250 global retailers listed in the report, on the basis of its retail revenue growth in FY20…
• How Puma scored over Nike, Adidas in the Indian market
  17 March 2022,moneycontrol.com
  Puma India reported net revenue of over Rs 2,000 crore despite a challenging environment in 2021, aided by its digital push and consumer trends towards athleisure and fitness…
• Trent surges 8%, hits record high on hopes of strong earnings
  17 March 2022,business-standard.com
  The stock has gained 19 per cent in the last one month after the company reported a strong set of numbers for the December quarter and the management showed optimism over the future growth…
• Jewellery retailer Bluestone raises $30 million from Sunil Munjal, others
  17 March 2022,timesofindia.indiatimes.com
  MUMBAI: Omnichannel jewellery retailer Bluestone has raised over $30 million (about Rs 228 crore) in a funding round led by Sunil Kant Munjal, chairman of Hero Enterprise, at a valuation of $410 million…
• ‘Queen Of Prints’–Masaba Gupta
  17 March 2022,timesofindia.indiatimes.com

  The Masaba Gupta designs channel her quirky and experimental style sensibilities breaking stereotypes with unique and fuss-free silhouettes for modern Indian women…

• Zomato and Blinkit likely to merge in a share-swap deal
  16 March 2022,timesofindia.indiatimes.com
  While the contours of the deal are being finalised it is likely to be a 10:1 ratio which is expected to value Blinkit at around $700-800 million based on Zomato’s current market capitalisation…
• D2C fresh meat startup Licious raises $150 mn in Series F2 round
  16 March 2022,retail.economictimes.indiatimes.com
  The funds raised through Series F2 will be utilised for investment in technological intervention for category development and improving the overall customer experience, read the press release…
• Zomato to provide USD 150 mn loan to Grofers India, buy stake in Mukunda Foods
  16 March 2022,retail.economictimes.indiatimes.com
  The company, which had last year invested USD 100 million (Rs 745 crore) for acquiring around 9 per cent stake in Grofers, said its board has delegated the authority to its senior management to decide the key terms of the loan and execute the definitive documents at a future date…
• Our healthy foods portfolio, under Saffola, on track to become Rs 450-500 cr brand in FY 22: Marico CFO
  16 March 2022,retail.economictimes.indiatimes.com
  “Marico’s food segment in FY20 was less than Rs 200 crore in revenues. We had taken an aspirational target of reaching up to Rs 500 crore in FY 22 and then from there Rs 850 to 1,000 crore in FY 24. We are happy to share that we are very much on track. If not 500, we will reach a ballpark in that range this year,” said Pawan Agrawal…
• Burman group ₹604-cr open offer for Eveready Industries commences on 26 April
  16 March 2022,livemint.com
  The ₹604.76-crore open offer by the Burman group through various entities to acquire an additional 26% in batteries and flashlights maker Eveready Industries India Ltd is slated to open on April 26, 2022, according to a regulatory filing by the company…
• H&M sales soar but shares slip on concern about Ukraine war impact
  16 March 2022,livemint.com
  H&M earlier this month temporarily closed its stores in Russia, which last quarter accounted for 4% of group sales…
• Bluestone raises $30 million funding, to double down on omnichannel play
  16 March 2022,retail.economictimes.indiatimes.com
  Kushwaha said 90% of sales originate online, but 65% are converted offline. That is, 90% of customers browse and shortlist their purchases online and travel toa physical store to complete the purchase…
• Fitness, health contributed to our success in 2021: Puma’s Abhishek Ganguly
  16 March 2022,business-standard.com
  Sales of Puma India, India’s largest sports brand, crossed Rs 2,000 crore and grew 68 per cent over 2020 despite the pandemic. In an interview with Sharleen D’Souza, Managing Director (India and Southeast Asia) Abhishek Ganguly talks about what made the company grow in 2021 despite the pandemic…
• India is largest whiskey consumer in world but urban Indians prefer beer: Survey
  16 March 2022,retail.economictimes.indiatimes.com
  Whisky is seen as a preference among males, especially GenX respondents while beer finds favouritism with younger adults (GenZ & millennials). Although wine consumption in India is low, women appear to be driving its growth in the market…
• Flipkart appoints Prashant Jhaveri as CEO of healthcare business
  16 March 2022,retail.economictimes.indiatimes.com
  Jhaveri previously worked with Apollo Health and Lifestyle Limited as its chief business officer and was responsible for growth and partnership. He also served as CEO of MediBuddy and CBO for the Medi Assist Group in previous stints…
• Lenovo will double R&D in India in three years; export Motorola phones from Noida plant
  16 March 2022,retail.economictimes.indiatimes.com
  In August last year, Lenovo said it was expanding its manufacturing to include a third line to its Puducherry plant and began local manufacturing of its tablets from its plant in partnership with Wingtech in Tirupati, Andhra Pradesh…
• Samsung to invest Rs 1500 crore to set up new plant in Sriperumbudur
  16 March 2022,retail.economictimes.indiatimes.com
  The new facility, spread over 22 acres, will have a capacity to produce 8 million compressor units a year, which will be expanded in the future. Compressors produced at the plant will be used in refrigerators that Samsung manufactures in India and will also be exported, it said in a media release…
• PUMA Expands Product Portfolio, Opens Largest Experiential Store in South India
  16 March 2022,indianretailer.com
  PUMA’s newest store is a significant step by the brand to provide an unprecedented experience to its shoppers and create meaningful offline engagement…
• Phoenix Marketcity Mumbai Celebrates its Power Women Fiesta Launches a Power Women Booklet and Platform to Help Upscale Women Led Businesses
  16 March 2022,theweek.in
  Phoenix Marketcity, Mumbai is hosting the 10th edition of its Power Women Fiesta, to celebrate power of women – and especially women entrepreneurs – through a series of workshops, festivals, live entertainment and some really interesting programs…
• Saurabh Mukherjea on where to look for hidden gems for portfolio
  16 March 2022,economictimes.indiatimes.com
  “It is a time when the demand environment is strong because there are inflationary pressures. If we can identify companies with pricing power, we will come out of this smiling,” says Saurabh Mukherjea, Founder & CIO, Marcellus Investment Managers…
• View: How to stir up India’s nano entrepreneurs
  16 March 2022,economictimes.indiatimes.com
  There is substantial evidence to show the importance of small businesses in the growth and vibrancy of an economy, including job creation, sparking innovation and absorbing the shocks of economic cycles. With MSMEs contributing over 30% of its GDP, almost 98% of which are categorised as micro – and nano – enterprises, India is no exception…
• Shoppers Stop Streamlines Post-Purchase Journey
  16 March 2022,indianretailer.com
  The collaboration will allow brands to sell swiftly through Shoppersstop.com, leading to operational efficiency and elevating the post-purchase experience for the end consumers…
• Canadian QSR chain Tim Hortons set to open 250 stores in India
  16 March 2022,livemint.com
  NEW DELHI : Tim Hortons Inc., the largest quick-service restaurant (QSR) chain in Canada, will enter the Indian market with its first outlet in Delhi-NCR, before expanding its store count to 250 over the next five years, said a top company executive…
• Future Retail director Rahul Garg resigns
  16 March 2022,timesofindia.indiatimes.com
  NEW DELHI: Future Retail Ltd’s director Rahul Garg has resigned from the board, a regulatory filing by the debt-ridden company said on Tuesday…
• Tailwinds associated with retail furthered our strategy: Walmart Inc CEO Doug McMillon
  16 March 2022,economictimes.indiatimes.com
  Doug McMillon, CEO of Walmart Inc., spoke with ET’s Bodhisatva Ganguli at the Economic Times Global Business Summit on a range of issues including the pandemic, rising inflation, the Ukraine crisis, prospects of a global economic recovery and the US-based retail giant’s investment in Flipkart. Excerpts…
• Clothing brands & consumers are more price conscious after pandemic: CMAI
  16 March 2022,businesstoday.in
  Both apparel brands and consumers have become more price conscious now than before the pandemic, according to Clothing Manufacturers Association of India (CMAI), even though the badly hit sector is poised to clock 75-80 per cent of pre-pandemic revenues by FY22 on the back of a strong recovery…
• India’s Van Heusen launches new activewear sub-brand ‘Flex’
  16 March 2022,fibre2fashion.com
  Van Heusen, India’s leading power dressing brand from Aditya Birla Fashion and Retail Ltd (ABFRL), has announced the launch of a new sub-brand in activewear ‘Flex’. Targeted at young professionals, the Van Heusen Flex range is designed to look sharp and engineered to provide true freedom of movement and is infused with superb style and comfort…
• Tim Hortons Enters India, Navin Gurnaney Joins as Indian CEO
  16 March 2022,indianretailer.com
  With this launch, India will become the brand’s fourth country in the Asia Pacific region, and plans to open over two hundred and fifty outlets over the next five years…
• Falguni Nayar at Adda: ‘We are big believers in the Indian retail consumption story’
  16 March 2022,indianexpress.com
  Falguni Nayar, Founder & CEO of online beauty and personal care platform Nykaa, son Anchit, CEO, E-commerce Beauty at Nykaa, and daughter Adwaita, Co-founder Nykaa and CEO Nykaa Fashion, spoke on new-age tech companies and the road ahead for India’s consumption journey…
• Tailwinds associated with retail furthered our strategy: Walmart Inc CEO Doug McMillon

  16 March 2022,economictimes.indiatimes.com
  Doug McMillon, CEO of Walmart Inc., spoke with ET’s Bodhisatva Ganguli at the Economic Times Global Business Summit on a range of issues including the pandemic, rising inflation, the Ukraine crisis, prospects of a global economic recovery and the US-based retail giant’s investment in Flipkart. Excerpts…

• Samsung to re-enter laptop segment in India, eyes double-digit market share

  16 March 2022,businesstoday.in
  Samsung is planning to launch a wide portfolio, priced under Rs 40,000 and going up to Rs 1,20,000. It is eyeing a double-digit market share by the end of the calendar year 2022…

• TWL, Tega, thyssenkrupp, others eye McNally Sayaji
  16 March 2022,timesofindia.indiatimes.com
  Kolkata: Leading engineering companies like Tega Industries, TWL, German MNC thyssenkrupp, Gainwell Engineering have filed expressions of interest (EOI) for ailing Williamson Magor Group firm McNally Sayaji Engineering, which is currently under IBC (Insolvency and Bankruptcy Code)…
• Bharti Realty rolls out Smart Parking Solution at Worldmark Aerocity
  16 March 2022,newspatrolling.com
  New Delhi, March 15th 2022: Bharti Enterprises’ vibrant real estate arm Bharti Realty has upgraded the parking system of its world class office and retail hub – Worldmark, Aerocity, New Delhi. Bharti Realty has upgraded its parking system to a Smart Parking solution wherein; the entire ingress & egress to the buildings are contactless and has majorly shifted to cashless mode of payment transactions…
• Life at night back in NCR
  15 March 2022,timesofindia.indiatimes.com
  A packed dining area, a bustling bar, happy chatter, clinking glasses and people grooving on the dance floor – this once-common weekend vibe went missing from NCR’s restaurants and pubs for almost two years. But finally, the action and entertainment is back in the city’s nightlife scene. With people finally returning for wining-and-dining experiences, restaurateurs are heaving a sigh of relief and hoping for revenue to reach pre-COVID numbers soon. “There has been an increase in footfall, which is an early sign of revival. All shops, restaurants and malls are open and people are proactively taking the decision to get their lives back to ‘normal’. Restaurants are getting an overwhelming number of requests for reservations each day, which is a good sign,” says Saahil Garg, founder, Green Mantis restaurant…
• We want to increase our footprint across India: Srinivas Kamath, Naturals
  15 March 2022,exchange4media.com
  In 1984, an ice-cream parlour at Mumbai’s Juhu beach started serving ice-cream flavoured with fresh fruits. This was how late Raghunandan Srinivas Kamath’s launched “Natural Ice Cream”, a brand that has now become synonymous with ice-cream. Naturals has grown into a pan-India chain with 138 stores…
• Women Apparel Brand Jisora Marks its Entry Into Retail Market
  15 March 2022,indianretailer.com
  Jisora, marks the entry into the retail market with a grand launch. To make their entrepreneurial dream into reality, four young brilliant siblings re-defined the look of modern Indian women’s attire with the launch of their E-commerce company “Jisora”…
• Cashfree Payments launches softPOS for businesses; provides ability to turn Android phones into POS machines
  15 March 2022,prnewswire.com
  BENGALURU, India, March 14, 2022 /PRNewswire/ — Cashfree Payments, India’s leading payments and API banking solutions company, today announced the launch of ‘softPOS’. softPOS is a Point of Sale (POS) solution for businesses like grocery stores, retail shops, food delivery apps, automobile industry, NBFCs etc. doing door-to-door collections. softPOS is available as an Android app, and businesses can use the app to generate UPI QR codes, create payment links, and enable card payments via NFC-based Tap and Pay, and also record and manage cash collections…
• Canadian QSR chain Tim Hortons set to open 250 stores in India
  15 March 2022,livemint.com
  NEW DELHI : Tim Hortons Inc., the largest quick-service restaurant (QSR) chain in Canada, will enter the Indian market with its first outlet in Delhi-NCR, before expanding its store count to 250 over the next five years, said a top company executive…
• Retail inflation in India rises to 6.07% in February
  15 March 2022,indiatoday.in
  The annual Consumer Price Index (CPI) retail inflation rate in India in February, 2022 touched 6.07 per cent, according to the data released by the National Statistical Office (NSO) on Monday…
• Falguni Nayar at Adda: ‘We are big believers in the Indian retail consumption story’
  15 March 2022,indianexpress.com
  Falguni Nayar, Founder & CEO of online beauty and personal care platform Nykaa, son Anchit, CEO, E-commerce Beauty at Nykaa, and daughter Adwaita, Co-founder Nykaa and CEO Nykaa Fashion, spoke on new-age tech companies and the road ahead for India’s consumption journey…
• Going Gaga over Organic: A Green-Tinted Look at The Kids’ Apparel Market in India
  15 March 2022,indianretailer.com
  Did you know… India is one of the largest contributors in the global retail market, and is steadily developing into a hub for kids’ apparel?…
• Ethnic brand KIAASA making strides in the apparel industry
  15 March 2022,business-standard.com
  The popularity of the Indian women’s ethnic wear segment has gained considerable momentum in the past decades as India has started to take pride in its roots. KIAASA is a truly Indian homegrown fashion brand that is dedicated to meet the ethnic wear needs of Indian customers. KIAASA started its journey as a concept store in the year 2018 by a Noida based exporter however, the entrepreneur duo Om Prakash & Amit Chauhan-led Rugs In Style acquired the ethnic wear venture in March 2021 to take this unique concept to a new level.. After the acquisition, Rugs In Style’s owners Om Prakash and Amit Chauhan now operate & manage KIAASA with an aim of keeping modern Indian women close to Indian roots and culture by syncing modern trends with Indian ethnicity.KIAASA caters to every ethnic wear need of the new-age female population including kurta set, suit set, lehenga set, dresses, bottom wear, dupatta, accessories, and many more…
• Top 10 Best Home Appliances Manufacturing Company In India 2022
  15 March 2022,inventiva.co.in
  As evolved Indians, you have embraced a variety of beneficial culinary techniques. Kitchen appliances have become one of India’s most emerging markets, thanks to the change to smart work…
• ‘Pizza topping is not pizza, so will attract a higher GST levy’
  15 March 2022,retail.economictimes.indiatimes.com
  GST rates on pizzas differ on the basis of how they are prepared and sold. A pizza sold and eaten within a restaurant attracts 5% GST, the pizza base bought separately attracts 12% while a pizza delivered at home attracts 18% GST…
• Puma posts Rs 2,044 crore revenue in FY21
  15 March 2022,retail.economictimes.indiatimes.com
  With revenues of Rs 2,044 crore during FY21, Puma surpassed footwear company Bata for the first time in sales. It also outsold sports retailer Decathlon and apparel brands Hennes & Mauritz (H&M) and Zara, according to the latest filings with the Registrar of Companies…
• Pota expected to join Eureka Forbes Advent Intl as CEO after stepping down as Jubilant Food chief
  15 March 2022,retail.economictimes.indiatimes.com
  Jubilant FoodWorks Ltd (JFL)’s outgoing chief executive Pratik Pota is slated to join consumer durables maker Eureka Forbes Advent International as chief executive officer, two executives directly aware of the development said. Pota stepped down as chief executive and wholetime director of JFL, the company said in an exchange filing on March 11…
• WPI inflation rises to 13.11% in February
  15 March 2022,retail.economictimes.indiatimes.com
  Inflation in food articles basket in February came in at 8.19%, tad lower from the 10.33% growth witnessed in the month before. Inflation in vegetable prices moderated to 26.93% after having surged to 38.45% in January from 31.56% in December…
• Welspun One inks pact with Haryana govt to set up warehouses, to invest Rs 1,500 crore
  15 March 2022,retail.economictimes.indiatimes.com
  The integrated fund, part of the $2.7 billion Welspun Group, will bring in a total investment of Rs 1,500 crores in the state. It aims to explore the available government land parcels to build Grade A warehousing facilities across key warehousing micro-markets…
• Indian mobile handset market staring at more supply woes
  15 March 2022,retail.economictimes.indiatimes.com
  The industry is wary not just of the lockdown in Shenzhen but the resurgence of the pandemic across China, as well as Vietnam, Thailand and South Korea, among other countries, market watchers said…
• Diageo India to acquire minority stake in gin-maker Nao Spirits for Rs 31.5 crore
  15 March 2022,retail.economictimes.indiatimes.com
  Launched in 2016 by Anand Virmani, Nao Spirits is an emerging craft gin company in India, with brands ‘Greater Than’ and ‘Hapusa’…
• IRCTC asks railways to rethink order allowing its zones to build food plazas on rail land
  15 March 2022,retail.economictimes.indiatimes.com
  “Currently, there are approximately 300 food plazas under operation by the IRCTC and over 75 more are expected to be finalised in the coming months. The IRCTC has requested the railways for reconsideration of its decision,” IRCTC spokesperson Anand Jha said…
• Bharti Realty rolls out Smart Parking Solution at Worldmark Aerocity
  15 March 2022,retail.economictimes.indiatimes.com
  New Delhi, March 15th 2022: Bharti Enterprises’ vibrant real estate arm Bharti Realty has upgraded the parking system of its world class office and retail hub – Worldmark, Aerocity, New Delhi. Bharti Realty has upgraded its parking system to a Smart Parking solution wherein; the entire ingress & egress to the buildings are contactless and has majorly shifted to cashless mode of payment transactions…
• Govt brings clarity in policy for FDI in real estate business
  15 March 2022,retail.economictimes.indiatimes.com
  To bring more clarity in its FDI policy for the realty sector, the government on Monday “amended and aligned” the existing definitions of the real estate business…
• India GDP growth forecast cut to 7.9% : Morgan Stanley
  14 March 2022,retail.economictimes.indiatimes.com

  “Even as we expect the cyclical recovery trend to continue, we expect it to be softer than we previously projected,” it said in a report. “We believe that the ongoing geopolitical tensions exacerbate external risks and impart a stagflationary impulse to the economy.”…

• Ferns N Petals gets Rs 200 cr funding from Lighthouse India Fund III
  14 March 2022,retail.economictimes.indiatimes.com
  “With this fundraising, we plan to invest in improving our systems and technology to ensure a superlative customer experience for all gifting occasions,” Pawan Gadia, CEO, Retail & Online at Ferns N Petals India, GCC & APAC Regions said…
• Unicorn Expands Retail Presence, Opens Apple Flagship Reseller Store in Gurugram
  14 March 2022,indianretailer.com
  Designed with an all-white faade, informative and interactive digital touchpoints, customers can get a personalized shopping experience from Unicorn specialists and learn more about monthly financing options and other trade-in programs…
• Ethnic brand KIAASA making strides in the apparel industry
  14 March 2022,theindiasaga.com
  The popularity of the Indian women’s ethnic wear segment has gained considerable momentum in the past decades as India has started to take pride in its roots. Statista reports show that the market size of women’s ethnic wear in India was about $17 billion in 2020 and was estimated to reach $24 billion by 2025. In fact, according to market experts, ethnic wear is the most preferred outfit for women aged 16 to 50 years. KIAASA is a truly Indian homegrown fashion brand that is dedicated to meet the ethnic wear needs of Indian customers…
• Apparel retail revenue to grow at 25% in India despite COVID: Crisil
  14 March 2022,fibre2fashion.com
  After declining 40 per cent last fiscal because of COVID-19, revenue of brick and mortar (B&M) apparel retailers will grow 20-25 per cent year-on-year this fiscal, driven by strong recovery in demand despite the third wave of the pandemic, as per a recent report by Crisil. Apparel retailers should log operating margins of 5-7 per cent this fiscal, compared with about 9 per cent pre-pandemic…
• BoAt parent Imagine Marketing wants to turn into a house of brands for all-things electronics
  14 March 2022,yourstory.com
  The parent company of boAt, which filed its DRHP with market regulator SEBI in January, wants to enter new categories by launching new sub-brands and acquisitions…
• Diageo India to acquire minority stake in gin-maker Nao Spirits for Rs 31.5 crore
  14 March 2022,retail.economictimes.indiatimes.com
  Launched in 2016 by Anand Virmani, Nao Spirits is an emerging craft gin company in India, with brands ‘Greater Than’ and ‘Hapusa’…
• How Colgate’s new CEO plans to bring shine to its portfolio
  14 March 2022,livemint.com
  BENGALURU/MUMBAI : Leadership changes in fast-moving consumer goods (FMCG) companies are often viewed as exciting. Changes of chief executive officers (CEOs) at Britannia Industries Ltd, Hindustan Unilever Ltd (HUL), and Dabur India Ltd suggest that a new leader could drive significant shareholder value…
• 5 reasons why Retail CBDC is good for India
  14 March 2022,timesofindia.indiatimes.com
  The evolution of money is interesting, starting with the exchange of goods to coins and paper money, and now digital currency. However, the basic features of money are always the same. It is used to store assets, can be used as an exchange and serves as an accounting unit…
• Niche notes: Writing goals

  14 March 2022,financialexpress.com
  The Covid-19 pandemic seems to have benefitted a niche category of stationery products — planners and journals. Multiple brands and illustrators who had been registering slow growth for premium stationery products are now seeing a steady flow of orders for productivity planners, gratitude/ wellness journals, pregnancy journals, etc…

• Jubilant FoodWorks’ CEO resigns
  12 March 2022,retail.economictimes.indiatimes.com
  In a meeting held on Friday, the company’s board placed on record its appreciation for the contribution made by Pota during his tenure with the firm…
• Walmart not keen to open retail stores in India; to focus on Flipkart, PhonePe
  12 March 2022,retail.economictimes.indiatimes.com

  “We’ve got an omnichannel strategy that includes both of those components. And when you have both components, the customer experience can be more seamless, and there are advantages to being able to go to a store if you wanted to. But, we’re not focused on that at the moment…

• Titan Company’s arm to acquire 17.5% stake in Great Heights Inc for $20 million
  12 March 2022,retail.economictimes.indiatimes.com
  TCL North America Inc (TCLNA), a wholly-owned subsidiary of the company, has signed a stock purchase agreement with Great Heights Inc for subscription of shares with voting preferred stock in the capital stock of Great Heights, the jewellery and watch maker said in a regulatory filing…
• Apple partner Unicorn plans to set up 75 stores in north, west India
  12 March 2022,retail.economictimes.indiatimes.com
  “Apple is growing. There is great aspiration to buy Apple products in the country. We planned flagships two years back. It is just one after the other three flagships have been opened in the last one year. Today we are at 33 stores, then there is a horizon of bold ambition to get to 75 stores in the next 3 years,” Unicorn Infosolutions director Baljinder Paul Singh said…
• Colgate Vs Godrej: A tale of two CEO hires
  12 March 2022,livemint.com
  Leadership changes in FMCG companies are typically seen as exciting. CEO changes at Britannia Industries Ltd, Hindustan Unilever Ltd., and Dabur India Ltd. in the past suggest that a new leader could drive significant shareholder value…
• D2C brand Sleepyhead doubles growth with Rs 150 crore revenue in FY 2021-22
  12 March 2022,retail.economictimes.indiatimes.com
  “We are on track to continue our 2X trajectory growth for next year as well and to achieve this goal, we will be focusing on scaling our portfolio, operation and distribution expansion, and team growth,” said Mathew Joseph, CEO and Co-founder of the company…
• Samsung aims premium smartphone leadership in India in H1; bullish on 5G
  12 March 2022,retail.economictimes.indiatimes.com
  In an interaction with ET, Raju Pullan, head of sales & retail, mobile business at Samsung India, said that the company is focused on expanding the premium device segment and is investing in ecosystem creation to reach new customers beyond metro cities…
• Another life for Eveready with an open offer, but what’s in it for Burmans?
  12 March 2022,business-standard.com
  The suspense around “will they, won’t they” has ended. On February 28, the Burman family — promoters of Dabur India — informed the board of the country’s largest dry cell battery maker, Eveready Industries India, that it proposes to acquire control of the company and had launched an open offer for 26 per cent of the shareholding…
• Why investors are shopping for suburban malls
  12 March 2022,jll.com.au
  Suburban retail centres and shopping malls in Asia Pacific are still in investors’ sights, with flexible work arrangements and improving infrastructure helping to revitalise footfall…
• Vegas Mall hosts IAMWOMEN A Women’s Day Celebration to Remember
  12 March 2022,theweek.in
  New Delhi 11th March 2022, Honouring & cherishing the women warriors that have contributed to our society with their invincible talent & efforts. Vegas mall joined hands with the biggest community of Dwarka, a community lead by women for women – “Dwarka Moms”, to host the biggest celebration of womanhood across the country – #IAMWOMEN…
• JLL announces leadership transition: Rahul Arora to lead India retail business
  12 March 2022,constructionweekonline.in
  JLL has named Rahul Arora as head of retail services, India. Based out of Bengaluru, Rahul will take over this responsibility in addition to his existing role as head of office leasing advisory and the MD for Karnataka and Kerala…
• AgFarm, A Dubai Based Agrochemical Company, Launched In India
  12 March 2022,constructionweekonline.in
  It all started with a dream; a dream to help the retailers, dealers and farmers in India and abroad in getting the right deal for their agrochemical related needs. At the young age of 21 years Vaman Alawadhi, a young entrepreneur with a burning passion to craft his own niche in the agro inputs sector, along with his partner Mr Sandeep Chauhan founded ‘AgFarm’…
• Apparel retail revenue to grow at 25% in India despite COVID: Crisil
  12 March 2022,fibre2fashion.com
  After declining 40 per cent last fiscal because of COVID-19, revenue of brick and mortar (B&M) apparel retailers will grow 20-25 per cent year-on-year this fiscal, driven by strong recovery in demand despite the third wave of the pandemic, as per a recent report by Crisil. Apparel retailers should log operating margins of 5-7 per cent this fiscal, compared with about 9 per cent pre-pandemic…
• KL Rahul, Athiya open largest PUMA store in South India
  12 March 2022,uniindia.com
  Bengaluru, Mar 11 (UNI) PUMA’s digitally-enabled experiential store on Friday was launched by Team India Vice Captain KL Rahul and Bollywood actress Athiya Shetty. The store is also the largest in South India. PUMA’s newest store is a significant step by the brand to provide an unprecedented experience to its shoppers and create meaningful offline engagement, PUMA India and Soyj-East Asia MD Abhishek Ganguly said…
• From Dell, LIC to Amul and Tata Salt, TRA releases India’s 50 most trusted brands
  12 March 2022,brandequity.economictimes.indiatimes.com
  In the TRA’s Brand Trust Report (BTR) 2022, the eleventh edition in its series, the batch of brands ranked 16-20 have seen a fall in ranks over the previous report. Samsung Television falls seven places to settle at 16th place, followed by Apple iPhone at 17 and Vivo at 18th takes a hit of eight ranks this year…
• CloudTailor Forays Into Offline Space, Opens its First Fashion Touchpoint in Hyderabad
  12 March 2022,indianretailer.com
  CloudTailor’s fashion touchpoint is a smart studio that welcomes women customers to walk in and experience the brand on the digital portal along with the support of the in-house fashion consultant or designer…
• Mangaluru: Malabar Gold & Diamonds celebrates International Women’s Day
  12 March 2022,daijiworld.com
  Mangaluru, Mar 9: Malabar Gold & Diamonds Mangalore celebrated International Women’s Day in their showroom. On this occassion, Chandrakala D Rao and Asian Gold Medalist power lifter Venezia Carlo were felicitated…
• Triumph International India launches their new retail store in Seawoods Grand Central Mall
  11 March 2022,prnewswire.com
  MUMBAI, India, March 10, 2022 /PRNewswire/ — Triumph International India, one of the world’s leading Intimate apparel brands, has inaugurated its new retail store in Seawoods Grand Central Mall, Navi Mumbai on March 8, in presence of glamourous actress Tara Sutaria. The German brand has been determined to enhance the retail shopping experience for their customers with innovation at the forefront to deliver high-quality products…
• IBM working with M&S India to modernize supply chain
  11 March 2022,livemint.com
  This project is an outcome of IBM’s collaboration with IBM Business Partner Acuver Consulting Pvt. Ltd. to help M&S India deploy an omni-channel order management system for faster go-to-market…
• IBM working with M&S India to modernize supply chain
  11 March 2022,livemint.com

  This project is an outcome of IBM’s collaboration with IBM Business Partner Acuver Consulting Pvt. Ltd. to help M&S India deploy an omni-channel order management system for faster go-to-market…

• udaan tops duopolistic Kirana e-commerce market in India: CLSA report
  11 March 2022,livemint.com
  The platform has a 60% share in this space, with Reliance Jiomart being the only other dominant player…
• Thiruvananthapuram: Lulu Mall introduces Pink Parking facility for women
  11 March 2022,indiatoday.in
  The Lulu Mall introduced a Pink Parking facility, a reserved parking space for women on the occasion of International Women’s Day on Tuesday…
• Tata Power & Enviro to Set Up EV Charging Points in Gurugram
  11 March 2022,indianautosblog.com
  Tata Power, one of India’s leading electric-vehicle charging infrastructure providers, has collaborated with Enviro – the facility management wing of the NCR-based real estate developer Vatika Group, to install 59 EV charging points at its properties across Gurugram, Haryana…
• Looking to bring fast jewellery to the Indian market
  11 March 2022,indianautosblog.com
  This D2C jewellery brand has changed the perception of traditional gold buying and caters to women keen on trendy items that suit their lifestyle…
• Nykaa Expands Retail Footprint, Opens 100th Store

  11 March 2022,indianretailer.com
  Having started its retail journey at the T3 terminal of Delhi airport in 2014, Nykaa stores today offer its unparalleled repertoire of global luxury beauty labels and trendsetting Indian brands to consumers across 45 cities…

• This women’s clothing brand offers collections in all sizes at same price
  11 March 2022,indianretailer.com
  New Delhi-based women’s clothing brand Fabnest offers something for everyone. The D2C startup plans to explore offline opportunities this year…
• CloudTailor Forays Into Offline Space, Opens its First Fashion Touchpoint in Hyderabad
  11 March 2022,indianretailer.com
  CloudTailor’s fashion touchpoint is a smart studio that welcomes women customers to walk in and experience the brand on the digital portal along with the support of the in-house fashion consultant or designer…
• Sunil Kataria joins Raymond as CEO – Lifestyle Business
  11 March 2022,afaqs.com
  India’s leading textile, apparel and retail conglomerate today announced the appointment of Sunil Kataria as the CEO of Lifestyle Business. Raymond, an iconic brand that has an illustrious legacy of 97 years, strengthened its leadership team by on-boarding the seasoned professional reckoned for leading large scale business transformations and creating strong consumer brands in India and South East Asia. In his new role, Sunil will be responsible for steering the next phase of growth by driving the digital agenda and strengthening the brand’s presence in domestic and international markets…
• Reliance Retail to set up own stores in Future’s locations, launch many soon
  11 March 2022,retail.economictimes.indiatimes.com
  Smart Bazaar will have a bigger focus on everyday apparel and general merchandise than Reliance Retail’s existing Smart supermarkets, modelling them on the lines of Big Bazaar so that consumers can feel connected…
• Blinkit gets $100 million from Zomato, in talks to raise another $300 million
  11 March 2022,retail.economictimes.indiatimes.com
  This is a part of a larger $400-million funding Blinkit is looking to raise from Zomato and other investors, which is expected to close in the next two quarters…
• BigBasket valuation may touch $4-5 billion as sales rise
  11 March 2022,retail.economictimes.indiatimes.com
  The steep rise in BigBasket’s valuation comes at a time when its parent Tata Digital has held early-stage discussions with marquee global investors to raise new capital for its ecommerce venture…
• Colgate-Palmolive appoints Prabha Narasimhan as India CEO
  11 March 2022,retail.economictimes.indiatimes.com
  The current CEO and managing director of Colgate-Palmolive (India) Ram Raghavan has been promoted to president, enterprise oral care, for Colgate Palmolive Company, the parent company of Colgate-Palmolive (India) Limited and will be based out of its headquarter in New York…
• Curefoods acquires majority stake in milkshake brand Frozen Bottle

  11 March 2022,retail.economictimes.indiatimes.com
  Curefoods’ dessert portfolio now houses brands like CakeZone, Frozen Bottle, Lubov Patisserie, Cupcake Noggins, and Iceberg…

• India likely to grow at 7.8% in FY23 with risk tilted towards downside: Report
  11 March 2022,retail.economictimes.indiatimes.com
  Indian economy is expected to grow by 7.8 per cent in 2022-23, mainly driven by the government’s drive to push infrastructure spending and likely increase in private capital expenditure, rating agency Crisil said on Thursday…
• CavinKare revamps national haircare brand Nyle Naturals
  11 March 2022,retail.economictimes.indiatimes.com
  The company has associated with the branding and design agency Almond Branding, Mumbai and has unveiled a new television commercial under the revamping exercise…
• Xiaomi, Oppo, Vivo in talks to make phones in India for export
  11 March 2022,livemint.com
  Oppo and Vivo have already begun discussions with Lava while Xiaomi is courting Dixon…
• Clothing firms see early signs of recovery as offices reopen
  11 March 2022,livemint.com
  Retailers say they are seeing a steady uptick in demand for fashion clothing and smart casuals…
• HUL rejigs top management
  11 March 2022,retail.economictimes.indiatimes.com
  Madhusudhan Rao will be appointed as Executive Director, Beauty & Wellbeing and Personal Care, HUL, replacing Priya Nair who will move into her new global role as Beauty & Wellbeing, Chief Marketing Officer. Rao joined HUL in 1991 and is currently Executive Vice President – Home and Hygiene, Unilever…
• Reliance Industries terminates lease for 835 stores: Future Retail
  11 March 2022,livemint.com
  The Company is in continuous discussion with Reliance Group to maintain status quo and for safeguarding the interest of various stakeholders,” the filing further added. (REUTERS)…
• Apparel retailers to grow 20-25% this fiscal: Crisil
  11 March 2022,retail.economictimes.indiatimes.com

  Apparel retailers, which could barely break even last fiscal, should log operating margins of 5-7% this fiscal — compared with about 9% pre-pandemic…

• Bikano sets up plant in Hyderabad
  11 March 2022,retail.economictimes.indiatimes.com
  Commenting on the development, Manish Aggarwal, director, Bikano, Bikanervala Foods Pvt Ltd, said, “We understand that southern region is a huge market potential for Bikano… With this new plant at Hyderabad, we are creating a lasting production and supply footprint in the south that we can keep building on…
• Keventer Agro to launch food range in association with Disney India
  11 March 2022,retail.economictimes.indiatimes.com
  The first few products in the range, which hits the shelves this month, will include chocolate milkshake, strawberry milkshake and plain milk. The packs feature beloved Disney characters such as Mickey Mouse, Minnie Mouse, Disney Princesses, Frozen, fan-favorite Marvel Iron Man, Captain America, Spider-Man and more…
• Tiger Global, A91 Partners participate in Box8’s $30 million secondary funding round
  11 March 2022,retail.economictimes.indiatimes.com
  The ongoing secondary transaction is an extension of the last round when the company was valued at $300 million…
• The beauty business is exploding in India
  11 March 2022,retail.economictimes.indiatimes.com
  Homegrown Indian brands such as Plum, Sugar, Kay Beauty now sit alongside foreign brands such as Smashbox, Huda Beauty, Elf and several Korean beauty brands on e-commerce marketplaces…
• Raining offers for women as brands compete to satisfy special customers of the day
  9 March 2022,theprint.in
  New Delhi, Mar 8 (PTI) Sumptuous meals, tempting discounts or a chance to enrol for specialised courses of your liking, women in the national capital are in for a special treat as brands go all out to make International Women’s Day a gala affair for them…
• India’s Biggest Landlord
  9 March 2022,fortuneindia.com
  Sitting with Tuhin Parikh in Blackstone Advisors India’s 5th floor office in the iconic Express Towers in Mumbai’s Nariman Point offers a peek into how the private equity (PE) giant thinks about real estate. Express Towers, designed in 1972 by renowned architect Joseph Allen Stein, is a Mumbai landmark that houses blue-chip companies such as McKinsey & Co., Indian Hotels Company, Merrill Lynch, EY, law firm Shardul Amarchand Mangaldas & Co., among others…
• MR.DIY celebrates its 50th store in India through a spectacular opening
  9 March 2022,theprint.in
  Indore (Madhya Pradesh) [India], March 8 (ANI/The Media Troop): Mr.D.I.Y., the largest home improvement retailer in Southeast Asia, celebrates its 50th store grand opening in the TI Mall, Indore. With the formal inauguration of the store at TI mall in Indore, Indore residents may rejoice: everyday goods at” Always Low Prices” are now available locally…
• Amazon’s Battle With Reliance For India Retail Supremacy
  9 March 2022,businessworld.in
  Here’s what the dispute, seen as key to deciding who gets an upper hand in one of the world’s fastest-growing retail markets, is all about and what led to the sudden change in tone…
• We don’t need special network for women anymore: Ikea India chief Susanne Pulverer
  9 March 2022,moneycontrol.com
  She emphasises on the need for companies to focus on equal pay. “We have policies that support equal pay. It is important that your pay is based on your job and not your gender,” she says…
• Bata India Expands Offline Presence, Increases All Women-Run Stores Count to 25
  9 March 2022,indianretailer.com
  The women-run stores are operational in not only metros like New Delhi, Mumbai, Kolkata, Hyderabad, Bengaluru, and Chennai but also Tier l, lll towns like Pune, Nagpur, Udupi, Jamshedpur, and Vishakhapatnam…
• Repurposing old to gold
  9 March 2022,newindianexpress.com
  Priyanka Tayi’s Kula Studio aims to enables people to adapt to sustainable, slow and conscious fashion…
• Breaking The Glass Ceiling: These Women-Led Startups Entered Unicorn Club
  9 March 2022,outlookindia.com
  According to a report by MSCI ESG, companies with women leadership generated a return on equity of 10.1 per cent compared to 7.4 per cent globally…
• Jaimin Gupta with Barcelona for Business B2B app to on board 10 lac garment stores in One year

  9 March 2022,theindiasaga.com
  Ahmedabad: 05.03.2022: Jaimin Gupta, the managing director, and promoter of brand Barcelona- India’s leading men’s wear fashion brand announced today, that in consequence to the Barcelona B2B app launch in January 2022, the Company has received tremendous response from the retailers at PAN India level and now starts the scaling journey of App…

• All segments of consumer electronics market will recover in 2022: Nikhil Mathur
  9 March 2022,economictimes.indiatimes.com
  Be it entry level or mid-segment, all segments of the consumer electronics market will recover in 2022 says Nikhil Mathur, managing director for India, head of data partnership and Innovation – APAC for leading electronics industry market researcher GfK…
• Samsung India Opens First All-Women Powered Mobile Store; Launches WiSE – a Platform for Personal & Career Development of Women Employees
  9 March 2022,samsung.com
  Store in Ahmedabad underlines Samsung’s commitment to creating an inclusive workforce and empowering women across its operations in the country…
• Britannia to increase women workforce in Assam plant to 65%
  9 March 2022,retail.economictimes.indiatimes.com
  “The exact number of employees that we are going to hire during the year is difficult to say at this moment. As the production demand grows, the overall workforce capacity is set to grow. We are clear that the women employees will be 65 per cent of the total workforce,” Kulkarni said…
• War threatens to take sheen off Indian diamond industry, says Crisil

  9 March 2022,retail.economictimes.indiatimes.com
  Amid mining-side challenges, production curbs by miners, and rapid increase in demand over the course of the pandemic, average inventory levels of Indian diamantaires have reduced to about three months from over four months earlier. This will still allow them to continue operations if the current disruption prolongs for a quarter…

• Lego sales jump 27% in 2021, boosted by new China stores
  9 March 2022,retail.economictimes.indiatimes.com
  The family-owned company said it had outpaced the toy industry in all major markets during the year, when sales of its colourful plastic bricks totalled 55.3 billion Danish crowns ($8.11 billion)…
• Duty-free retailer Dufry expects to open 90% of sales capacity by April
  9 March 2022,retail.economictimes.indiatimes.com
  At the end of March, Dufry expects to operate more than 1,970 shops globally – compared with around 1,900 at end-December – around 83% of the total number and over 90% of its sales capacity…
• ‘Titan is entering small towns in a big way and succeeding’
  9 March 2022,livemint.com
  NEW DELHI : Despite three waves of covid-19 and accompanying business disruptions, Titan Co. Ltd remains bullish about its jewellery, watches and eyewear businesses. In an interview, C.K. Venkataraman, managing director, Titan, said he expects long-term consumers to buy gold jewellery as a safe haven and switch to branded players for eyewear. Edited excerpts…
• Food giant Danone unveils targets to ramp up revenue growth
  9 March 2022,retail.economictimes.indiatimes.com
  The “Renew Danone” plan is “all about creating the conditions for sustainable and competitive growth and then delivering consistently in a way that creates value for all,” he told investors meting in Evian, near the French Alps…
• Soothe Healthcare launches new manufacturing unit in Noida, eyes Rs 200 cr revenue in FY 2022
  9 March 2022,retail.economictimes.indiatimes.com
  With this new facility, the brand aims to double production capacity to 1 billion per annum. While the bulk of the capacity will be dedicated to the company’s flagship brand Paree sanitary pads, there will also be a baby diaper and adult diaper line. This is the company’s second manufacturing unit and will cater to north and central India…
• Soothe Healthcare launches new manufacturing unit in Noida, eyes Rs 200 cr revenue in FY 2022
  9 March 2022,retail.economictimes.indiatimes.com
  With this new facility, the brand aims to double production capacity to 1 billion per annum. While the bulk of the capacity will be dedicated to the company’s flagship brand Paree sanitary pads, there will also be a baby diaper and adult diaper line. This is the company’s second manufacturing unit and will cater to north and central India…
• Eveready board appoints Suvamoy Saha as MD
  9 March 2022,retail.economictimes.indiatimes.com

  Burmans have also sought two non-executive berths on the board but it is not known whether the chairman will be appointed from the family of the largest shareholder…

• Faasos now largest Indian origin QSR with 500 restaurants in 10 countries
  8 March 2022,business-standard.com
  Faasos entered 50 new cities and is the first Indian QSR with wide acceptance to its offering i.e. Indian flavors adapted to local needs…
• Captain Fresh raises new round, valuation doubles to $500 million
  8 March 2022,retail.economictimes.indiatimes.com
  The company’s valuation has more than doubled to $500 million following the funding round, Utham Gowda, co-founder and CEO of Captain Fresh, told ET…
• Marks & Spencer, H&M eye a big slice of India’s home decor market
  8 March 2022,business-standard.com
  H&M will first sell its home decor items on its online site and on Myntra, and later launch its collection at its existing store at Ambience Mall, Vasant Kunj in Delhi…
• CureSkin raises $5 million in funding led by JSW Ventures
  8 March 2022,retail.economictimes.indiatimes.com
  The skincare startup will use the funds to grow its overall customer base, expand into adjacent categories and make further investments in technology, it said…
• Covid norms eased in Navi Mumbai
  8 March 2022,timesofindia.indiatimes.com
  NAVI MUMBAI: The recent relaxations in covid norms brought by authorities in Navi Mumbai and Thane have brought a cheer to the residents and commercial establishments of both the cities after surviving two years of restrictions due to the ongoing pandemic…
• Get your #KhushiyanDelivered with Amazon India’s Holi Shopping Store
  8 March 2022,technosports.co.in
  From Pooja essentials, sweets, herbal Holi colours & pichkaris, traditional sweets, perfect fashion & beauty, home entertainment & cameras, waterproof accessories, and much more in one single destination!…
• Online Fashion Retail Market Size in India to Grow by USD 22.97 bn| The Rise in Internet and Smartphone Penetration to Boost Market Growth | 17,000+ Technavio Research Reports
  8 March 2022,technosports.co.in
  NEW YORK, March 7, 2022 /PRNewswire/ — The “Online Fashion Retail Market in India segmentation by product (apparel, footwear, and bags and accessories) and end-user (women, men, and kids)” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years…
• Cantabil Retail opens 8 new showrooms in Feb
  8 March 2022,business-standard.com
  Cantabil Retail on Friday announced that it opened eight new showrooms at different location in India during the month of February 2022…
• Digitas India bags digital communications mandate of Celio Future Fashion
  8 March 2022,financialexpress.com
  French fashion brand Celio Future Fashion Pvt. Ltd. has appointed Digitas as its agency of record for building the brand on digital. As per the mandate, Digitas will be responsible of digital and media communications of the fashion brand. Won after a multi-agency pitch, Digitas will aim to promote the brand ethos and product offerings of the fashion entity and work to gain a foothold across the Indian market…
• Collateral damage: Consumer goods to get costlier by 10%
  8 March 2022,economictimes.indiatimes.com
  Experts said prices of these consumer goods could increase up to 10%. In the case of edible oils, the jump could be as high as 20%. Already, prices of commodities such as sunflower and palm oils, steel, aluminium, copper, crude oil and its derivatives have risen by 10-15% over the past eight to 10 days…
• The Indian Alert announces the 10 most successful business leaders under the age of Forty
  8 March 2022,aninews.in
  New Delhi [India], March 8 (ANI/PNN): Most people are inspired by entrepreneurs from different industries who have been extremely successful in their respective fields and have made a mark for themselves. This article is about the 10 Most Successful Business Leaders under The Age of Forty by The Indian Alert powered by Digisharks…
• The Lord Of Indian Real Estate
  8 March 2022,fortuneindia.com
  At the core of a nation’s economic strength are its small and emerging companies. For decades, Europe’s strongest economy Germany has shown to the world how healthy small and medium enterprises can be powerhouses of economic well-being. It’s been idolised not just in Europe, but also in India and across the globe. Over years, India’s own emerging companies landscape has gained from strength to strength. Now, lower corporate tax rate and the performance linked incentive schemes have brought a whole new vibrancy into this eco-system…
• Women In Real Estate Dr. Ananta Singh Raghuvanshi Founder President Elect, NAREDCO MAHI
  8 March 2022,fortuneindia.com
  “NAREDCO MAHI was an idea which came up in March 2021, we got incorporated in July and in September the Housing Ministry NAREDCO MAHI was launched. The main goal of NAREDCO MAHI is to improve the gender parity in the sector because women are outnumbered in the realty industry…
• Thane: Citizens, malls, hoteliers rejoice Covid relaxations
  7 March 2022,timesofindia.indiatimes.com
  THANE: The relaxation in Covid norms in Thane city, at par with 14 districts in the state with low infection and high vaccination rate, has brought in cheer for residents and the commercial sector alike…
• Retailers step up play in the home category
  7 March 2022,livemint.com
  NEW DELHI : Urban Indians cooped up at home through three waves of the pandemic are spending big on home decor and furnishing, tempting domestic and international home retailers to expand their collections…
• Amul expects 18% growth in turnover to around Rs 46,000 crore this fiscal
  7 March 2022,retail.economictimes.indiatimes.com
  In an interview with PTI, Sodhi said: “We are expecting around 18 per cent growth this fiscal year to about Rs 46,000 crore.” The demand for all products, like butter, ice cream, milk, has improved, he added…
• PVR, Cinepolis India in advanced merger talks
  7 March 2022,retail.economictimes.indiatimes.com
  Two people with direct knowledge of the negotiations told ET that the deal is “moving quickly toward fruition” and will result in the combined behemoth owning more than 1,200 screens. The number of screens run by the next biggest entity, INOX Leisure, is just about half of what the merged company would operate…
• Zara owner Inditex closes Russian stores and online platform
  7 March 2022,retail.economictimes.indiatimes.com
  The Zara owner is following some of the biggest western brands which have suspended operations in Russia, including its main rival H&M, following the invasion of Ukraine and the imposition of economic sanctions…
• Facebook-backed Indian startup Meesho targets early 2023 for IPO – source
  7 March 2022,retail.economictimes.indiatimes.com
  The Bengaluru-based social commerce platform is working to be ready for a listing by the end of 2022 and is evaluating both Indian and U.S. exchanges, according to an internal document seen by Reuters…
• India’s FY23 footwear industry growth expected between 8-to-10%
  7 March 2022,retail.economictimes.indiatimes.com
  According to ICRA, the financial position of large, listed footwear players is expected to remain strong with healthy on-balance sheet liquidity and low financial leverage…
• Emami acquires 19% stake in D2C nutrition firm TruNative F&B
  7 March 2022,retail.economictimes.indiatimes.com
  Commenting on the acquisition, Emami Ltd Director Harsha V Agarwal said, “With health and wellness being the buzzword for consumers today, we see tremendous potential in the nutrition segment. ‘TruNativ’ product offerings are very unique as they are based on real consumer habits and issues.”…
• Dunzo to double footprint, increase dark stores count
  7 March 2022,livemint.com
  MUMBAI : Bolstered by its recent $240 million fundraise, Reliance Retail-backed hyper-local delivery startup Dunzo plans to use the fresh capital to more than double its footprint to 15 cities and also increase the count of so-called ‘dark stores’ to 200 from 75 by December-end, its co-founder and chief executive Kabeer Biswas said…
• Hatsun Agro plans to sell assets of ready-to-eat business
  7 March 2022,retail.economictimes.indiatimes.com
  Tamil Nadu-based Hatsun Agro is one of the leading dairy firms in the country…
• Ninjacart launches $25 million agri seed fund
  7 March 2022,retail.economictimes.indiatimes.com
  To boost tech innovation and accelerate disruption, Ninjacart will make seed investments in start-ups, entrepreneurs and tech innovators who present sustainable and tech-enabled solutions, the company said in a statement…
• Coca-Cola India launches Fanta’s apple variant, onboards Kartik Aaryan
  7 March 2022,livemint.com
  NEW DELHI : Beverage company Coca-Cola India on Friday announced the launch of a new variant for its fizzy orange flavoured drink Fanta—Apple Delit, while also announcing the appointment of Bollywood actor Kartik Aaryan as its brand ambassador. Aaryan will feature in a new campaign to promote the new Fanta variant…
• TenderCuts opens first all-women store in Chennai
  7 March 2022,retail.economictimes.indiatimes.com
  The store was an extension of TenderCuts’ vision to enable all shoppers, especially women, to step into meat or fish buying experience, a press release said…
• mCaffeine raises up to $20 million
  7 March 2022,livemint.com

  NEW DELHI : Personal care brand mCaffeine has raised $15-20 million in a new round of funding to fuel its organic expansion plans and also evaluate inorganic growth opportunities, said two people aware of the development…

• H&M India Launches H&M Home
  4 March 2022,indianretailer.com
  H&M home is a design-driven interior and lifestyle destination, offering fashion-forward decor and accessories for every room and style, with quality and attention to detail at its core…
• Reliance Retail acquisition spree aims to make it ‘Walmart + Amazon’
  4 March 2022,fortuneindia.com
  Mukesh Ambani-controlled Reliance Retail ramps up acquisitions and partnerships to consolidate its omni-channel retailing. It has completed over 25 acquisitions in the last three years to add to its brand portfolio, products and services and network of physical stores. It has also acquired technology companies to build its omni-channel platform, which includes physical stores, B2B with Kirana stores and e-commerce of JioMart and Ajio…
• Creating an online kurta brand at the age of 21, he has built a Rs 30 crore turnover business
  4 March 2022,theweekendleader.com
  Fitness and gym enthusiast Bhavya Mehta was just 21 when he launched ethnic clothing brand ‘Royal Kurta’ on Snapdeal in 2014, starting with Rs 5 lakh that he had borrowed from his father…
• How the boutique brands get a corporate makeover
  4 March 2022,livemint.com
  NEW DELHI : Rahul Mishra, the country’s first designer to make it to the Paris Haute Couture Week —one of the most coveted fashion shows globally—has had a busy few months preparing for the latest season. In January, he presented his flower-inspired collection of jackets, gowns and ballooning tops to his global audience…
• How to start an apparel brick & Mortar Retail store in 2022
  4 March 2022,einnews.com
  An apparel brick & mortar store must leverage a consumer-centric business approach…
• Reliance’ Big Electronics Manufacturing Push: Invests Rs 1650 Crore In This Company For Making 5G Hardware & More
  4 March 2022,trak.in
  Reliance Industries announced that it would invest 16.7 billion rupees ($220.70 million) to create a joint venture (JV) with the U.S.-listed Sanmina Corp for making electronic products in the Asian countries, on Thursday…
• Kodak, Treeview announce distribution partnership for televisions
  4 March 2022,economictimes.indiatimes.com
  Kodak and Treeview range of televisions will be available under the electronics category on the udaan platform to electronics and large appliances retailers across 100 cities in East and North-East India…
• Male Toiletries Market Players Strengthen Their Positions With Multifunctional High Performance Product Development
  4 March 2022,einnews.com
  The Business Research Company’s Male Toiletries Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026…
• Eveready Industries Chairman, MD resign amid Burman Group’s takeover bid
  4 March 2022,retail.economictimes.indiatimes.com
  The resignations of Aditya Khaitan and Amritanshu Khaitan come two days after the Burmans of Dabur group made an open offer for the Kolkata-based dry cell battery major…
• LT Foods acquires 51% stake in Golden Star Trading
  4 March 2022,retail.economictimes.indiatimes.com
  LTFA is a material non-listed subsidiary of the company contributing more than 35% to the overall revenue through its flagship brand Royal in North America. The acquisition entails strengthening share of LTFA in the branded jasmine rice market…
• India’s 10-15 minute delivery market to reach $5.5 bn in 3 yrs

  4 March 2022,retail.economictimes.indiatimes.com
  The total addressable market for quick commerce in India stands at $45 billion, and urban areas are driving this market on the back of mid-high-income households, according to Bengaluru-based market research firm RedSeer…

• Risks and challenges faced by Indian retail companies as they deploy gig workers
  4 March 2022,retail.economictimes.indiatimes.com
  In the retail sector, people are implementing a more consumer-centric approach and converting their champion brands into D2C (Direct-to-consumer) and many other retail-oriented brands are joining notable e-commerce platforms. In both types of transitions, organisations’ prime goal is to make their users shift their purchasing habits and opt for online methods. This is where a gig-worker holds an important role, as they have that connectivity and understanding of their geographical location…
• FMCG sales grow in February, but home care products decline
  4 March 2022,retail.economictimes.indiatimes.com
  FMCG sales expanded 17% in February from the prior month, show latest data from Bizom, a sales automation firm that transacts with 7.5 million retail stores and tracks orders by neighbourhood stores…
• FMCG sales grow in February, but home care products decline
  4 March 2022,retail.economictimes.indiatimes.com
  FMCG sales expanded 17% in February from the prior month, show latest data from Bizom, a sales automation firm that transacts with 7.5 million retail stores and tracks orders by neighbourhood stores…
• ITC’s dairy business to focus on east India for next few years: Official
  3 March 2022,retail.economictimes.indiatimes.com
  Speaking to reporters on the launch of lactose-free milk here, chief operating officer (COO) of dairy and beverages business of ITC Sanjay Singal said that the dairy business is growing faster, though on a smaller base…
• FMCG industry faced consumption slowdown in urban markets, degrowth in rural areas in 2021: Nielsen
  3 March 2022,retail.economictimes.indiatimes.com
  Even in the October-December (Q4/2021) quarter, the FMCG industry has witnessed a consumption de-growth of 2.6 per cent due to inflationary pressure, and other macroeconomic factors, said the FMCG Snapshot released by NielsenIQ’s Retail Intelligence team…
• Maharashtra government eases Covid curbs; cinemas, restaurants can operate at 100% capacity
  3 March 2022,retail.economictimes.indiatimes.com
  In the guidelines, sent to chief secretaries of all states and UTs, the home secretary also emphasised that the wearing of masks, maintaining social distancing, hand hygiene and ventilation in closed spaces, as mandated in the National Directives for COVID Management, should continue to be enforced…
• Chai Point to double store count, focus on vends and packaged business
  3 March 2022,retail.economictimes.indiatimes.com
  At present, the Bangalore based firm has about 170 stores and another 35 outlets yet to re-open after it shut during covid two years ago. The retailer said it will reach a door count of 325 in the next two years as the overall mobility increases and people rejoin offices…
• Tata Consumer Products looks to ramp up workforce by 8-10%
  3 March 2022,retail.economictimes.indiatimes.com
  “In terms of hiring percentage, we end up adding approx. 8-10% each year. Some of these could come as the result of integrations or partnerships that we are actively seeking,” Amit Chincholikar, global CHRO, Tata Consumer Products, told ET…
• Eat Better Ventures raises Rs5.5 crore in funding round led by Java Capital, Mumbai Angels
  3 March 2022,retail.economictimes.indiatimes.com
  Founded in August 2020 during peak pandemic, by mother son duo —Mridula Kanoria and Shaurya Kanoria, Eat Better is a Jaipur based brand that makes snacks that are 100% natural and without chemicals, artificial flavours and colours…
• Metro’s small big play: Cash, carry and kiranas
  3 March 2022,retail.economictimes.indiatimes.com
  The Indian arm of German wholesale retailer is betting big on its kirana play to widen its reach. Can Metro Cash & Carry aggressively pursue its bullish intent?…
• Krystle D’Souza redefines ‘Stay at Home’ Fashion with Clovia’s Trendy Nightwear Collection
  3 March 2022,aninews.in
  New Delhi [India], March 2 (ANI/NewsVoir): Clovia has continued to be India’s foremost one-stop solution for fashionable and cosy women’s nightwear, innerwear, loungewear, activewear, and personal care range…
• Falguni Nayar, self-made woman billionaire, is guest at E-Adda today
  3 March 2022,indianexpress.com
  The Express E-Adda is a series of informal interactions organised by The Indian Express Group and features those at the centre of change…
• Reliance teams up with US-based Sanmina to create a high-tech electronics manufacturing hub in India
  3 March 2022,businessinsider.in
  Mukesh Ambani’s Reliance announced a partnership with Sanmina, a US-based electronics manufacturer…
• Idli-dosa war: MTR takes on iD Fresh Food in latter’s own stronghold
  3 March 2022,moneycontrol.com
  MTR Foods, in 2021, introduced MTR Minute Fresh, a new range that includes wet idli and dosa batter, and launched an ad campaign targeting its competitor, iD Fresh Food…
• 7th Heaven Bakery Chain – Q&A With The Founder
  3 March 2022,moneycontrol.com
  The bakery chain’s secret sauce to success is each of their outlet’s promise of designing freshly prepared cakes in their LIVE kitchens, and serving them to the customers, all in under 7 minutes…
• Human Milk Oligosaccharides Market Size To Reach USD 415.6 MN In 2030 | Growing Demand For HMO In Infant Formula And Rising Application In Functional Foods Are Driving HMO Market Revenue Growth, Says Reports and Data
  3 March 2022,prnewswire.com
  NEW YORK, March 2, 2022 /PRNewswire/ — The global Human Milk Oligosaccharides (HMO) market size is expected to reach USD 415.6 Million in 2030 and register a revenue CAGR of 14.9 % over the forecast period, according to the latest report by Reports and Data. The market revenue growth is being driven owing to an increase in application scope in functional food & beverages and infant formula, rapid technological advancement, rising health awareness, and rapid development of the dairy industry…
• For Janani, delivering tech is like a T20 match
  3 March 2022,timesofindia.indiatimes.com
  A blueberry farm in South America improved its yield, thanks to Janani Raju’s cutting-edge computer-vision technology. Switch to pandemic times, and the same technology was redeployed on office campuses, including her own, to track masking behaviour among returning employees…
• Commercial real estate: Hopeful and holding on
  3 March 2022,timesofindia.indiatimes.com
  The new year started on the note of a fresh variant of the virus making headlines. Though work-from-home has been kicked back into action, it is expected to be temporary. The commercial real estate space, which saw worse over the past year, has evolved stronger over the pandemic and is brimming with the hope of positive growth in 2022…
• Sachin Khedekar & Prajakta Mali @ 57th birthday celebrations of Sanjay Ghodawat & SGU’s annual gathering
  3 March 2022,theprint.in
  Kolhapur (Maharashtra) [India], March 2 (ANI/PR Newswire): Sanjay D Ghodawat’s 57th birthday celebrations, as well as the opening of the Annual Social Gathering for the Sanjay Ghodawat University (SGU), were hosted in a grand fashion at the University Campus on February 28, 2022…
• Canada’s CPPIB to invest Rs 2,650 crore in JV with realty firm RMZ Corp
  3 March 2022,theprint.in
  RMZ owns and operates a real asset portfolio of 67 million square feet, and are poised to grow to 350 million square feet of assets by 2032…
• Fashion Retailer Zalora to Enter Indian Market via Myntra
  2 March 2022,indianretailer.com
  As a house of brands with numerous private labels, Zalora offers an ever-expanding range of popular fashion trends and collections, with a firm focus on catering to evolving consumer needs and preferences…
• Mumbai: Railway plans ‘family shopping mall’ at Mumbai Central station to shop essentials at rail
  2 March 2022,freepressjournal.in
  This is what the railway authorities are planning with the latest plans being drawn for Mumbai Central railway station on the Western Railway…
• 46% families notice ads on digital: Axis My India survey
  2 March 2022,brandequity.economictimes.indiatimes.com
  Most preferred apps were Flipkart, Amazon and Meesho. While this month’s media consumption has increased for 22 per cent of the families, a second majority of 29 per cent reveal that online TV streaming services have changed the way one watches television…
• Changing trends in fruit & vegetable shopping in India
  2 March 2022,fnbnews.com
  The consumer buying behaviour has seen a dramatic change over the years and one of the fastest growing segments has been the online fruits and vegetables market in India, driven on the basis of convenience, safety and variety parameters…
• M3M Prive in Sector 73 Gurgaon
  2 March 2022,fnbnews.com
  The project is modeled after UHA London and is intended to have some of the top retail stores, entertainment zones, and multiplexes, as well as the best food and beverage restaurants. Elan Miracle’s Gurgaon’s novel retail idea is guaranteed to turn heads and become the talk of the town. The commercial spaces come in a variety of configurations 227, 124, 316, and 132 sq. ft. and price starting from 85 lakhs…
• Reliance Retail invests in Abraham & Thakore for majority stake
  2 March 2022,timesofindia.indiatimes.com
  NEW DELHI: Billionaire Mukesh Ambani’s Reliance group on Tuesday said its retail arm has invested in luxury fashion house Abraham & Thakore for an undisclosed majority stake, strengthening the line of lifestyle brands under its umbrella…
• RD Retail India Private Limited raises $7 Mn from Hindustan Media Ventures Ltd
  2 March 2022,vccircle.com
  The company has already expanded its operations in Asia, Africa & America and also has a good strength of manpower & channel partners in these continents…
• To Convert Savers Into Retail Investors, Independent Advisors And Distributors Are Crucial
  2 March 2022,outlookindia.com
  Given the low financial awareness, retail investors repose their faith in independent advisors and distributors they know through referrals from friends and family…
• How Bright is the Future of PPE Industry
  2 March 2022,indianretailer.com
  PPE includes not just the disposable coveralls worn during the pandemic but also all kinds of protective gears…
• ABFRL and Tarun Tahiliani Launch the TASVA’s Flagship Store in New Delhi
  2 March 2022,indianretailer.com
  The collection feature smart, stylish, subtle ensembles all in the same thread, on one body, in one movement and moment!…
• Concentrix catalyst doubles tech talent in India

  2 March 2022,psuconnect.in
  The experience design and engineering team of Concentrix, a global leader in CX solutions and technology, expands tech talent in India to drive continued growth and innovation…

• Global Electronics Recycling Market to Reach $65.8 Billion by 2026
  2 March 2022,prnewswire.com
  SAN FRANCISCO, March 1, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Electronics Recycling – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace…
• Fintech Startup Snapmint Raises $9 Mn To Launch Innovative BNPL Products
  2 March 2022,inc42.com
  Besides, Snapmint plans to expand its network of merchants and power the purchases of more than 450 Mn consumers in India…
• SC: Retailers can’t escape blame for quality of packaged food in stores
  2 March 2022,retail.economictimes.indiatimes.com
  Finding the bench of Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli unconvinced, Shenoy took the last resort and argued that this was the first time the owner was booked under the Food Safety and Standards Act and hence, entitled to relief under the Probation of Offenders Act…
• Sunder Genomal steps down as MD of Page Industries
  2 March 2022,retail.economictimes.indiatimes.com
  According to the release, VS Ganesh, ED & CEO of the company is appointed as MD with effect from 1st June 2022, subject to approval of the shareholders…
• Burmans of Dabur group make open offer for Eveready Industries takeover bid
  2 March 2022,retail.economictimes.indiatimes.com
  The mandatory open offer under the takeover regulations of SEBI was made as the Burmans acquired an additional 5.26 per cent stake of Eveready from the open market taking its total shareholding to 25.11 per cent…
• Adidas launches extra buyback after sells Reebok
  2 March 2022,retail.economictimes.indiatimes.com
  Adidas said it would continue to operate the Reebok business in several markets on behalf of ABG for a transition period through to early 2023…
• From Lux to Kissan Jam, Hindustan Unilever hikes prices by 3-13% in Feb
  2 March 2022,business-standard.com
  Hindustan Unilever (HUL) hiked prices across its portfolio of products by 3-13 per cent in multiple tranches in February, with the sharpest increase of 13 per cent seen in the 100 gm Lux soap pack, the price of which increased to Rs 35 from Rs 31 earlier…
• Domino’s Pizza CEO announces retirement as Q4 sales weaken
  2 March 2022,retail.economictimes.indiatimes.com
  Domino’s global revenue fell 1 per cent to USD 1.34 billion in the October-December period. That was short of Wall Street’s forecast of USD 1.38 billion, according to analysts polled by FactSet…
• Good Glamm Group appoints Nykaa’s Gaurav Tejwani as chief product officer
  2 March 2022,retail.economictimes.indiatimes.com
  With over 10 years of experience in the field of digital consumer experiences within the FMCG space, Tejwani is all set to drive the group’s vision of driving powerful technology product innovations in the commerce, media, and creator space. He will lead product management and data science verticals for the company…
• Delhi eateries look forward to busier days as curbs go
  2 March 2022,retail.economictimes.indiatimes.com
  “This order was anyway delayed by a few weeks. They could have made it applicable with immediate effect as our business is weekend-oriented. I have lost two summers already and our business runs into the night, so this means going back to normalcy,” said Rahul Singh, CEO, Beer Cafe…
• Star Localmart inaugurates its 50th Store
  2 March 2022,prnewswire.com
  KOLHAPUR and PUNE, India, Jan. 31, 2022 /PRNewswire/ — Star Localmart, the retail arm of Sanjay Ghodawat Group (SGG), celebrates the opening of its 50th store, marking a significant milestone for the company…
• DLF Regal Gardens
  2 March 2022,bullmenrealty.com
  DLF Regal Gardens is a luxury residential project developed by DLF Home developers in Gurgaon. The luxurious residential township is designed to offer individuals truly comfortable and luxurious apartments. The project is located at a prime location of Gurgaon in sector 90. The meticulously designed project expands over 11 acres of land covered with lush greenery. The project offers 3 and 4 BHK luxurious homes with stunning views of green landscapes with numerous amenities focused to provide a comfortable living space to residents…
• Myntra to bring Southeast Asian fashion retailer Zalora to India
  1 March 2022,livemint.com

  Zalora will list approximately 5,000 options on Myntra from its portfolio of in-house brands such as Origin, Zalora Basics, Active, among others…

• Digital payments: Accelerating growth in the retail sector
  1 March 2022,timesofindia.indiatimes.com
  As Covid-19 catches a breath and economy opens up, the retail sector is standing up back on its feet. Its greatest enabler in this restoration has been digital payments. When everything closed during the lockdown in 2020, it was the digital mode of payments that kept both merchants and consumers going. According to RBI’s data, digital transactions in the total volume of non-cash retail payments in 2020-21 jumped to 98.5 per cent…
• Deepika Padukone is the face of fashion retail brand navyasa
  1 March 2022,exchange4media.com
  navyasa by Liva, a contemporary saree brand from the Aditya Birla Group, has been launched today. Deepika Padukone will be the face of this much-awaited creative fashion retail brand. The first four stores launched today are in India’s top cities-Delhi, Mumbai and Bangalore that will open doors to a world of artful and fashionable sarees…
• Flyrobe’s growth trajectory in the fashion rental space in India
  1 March 2022,yourstory.com
  In a recent conversation with YourStory’s Daily Dispatch powered by HSBC, Aanchal Saini, CEO, Flyrobe, talks about the company’s journey in the emerging fashion rental space in India…
• Victoria’s Secret Invests $7 Million in Female-founded Businesses
  1 March 2022,wwd.com
  Victoria’s Secret’s Cloud Nine collection for Valentine’s Day 2022. COURTESY PHOTO…
• Orient Electric hopes for pent up demand for air coolers this season
  1 March 2022,retail.economictimes.indiatimes.com
  Salil Kappoor, business head of home appliances at Orient Electric said in an interaction with ETRetail, “The consumer behavior has evolved in last two years, people have realized that they need to spend more on themselves…
• MMTC-PAMP bullish on B2C business, to set up retail outlets
  1 March 2022,thehindubusinessline.com
  Plans to take its total point of sale presence to 300 stores in the next couple of years…
• Celebrating Outstanding Success and Innovation
  1 March 2022,timesofindia.indiatimes.com
  The 10th Edition of VMware Business Impact Awards in association with The Economic Times recognized the efforts of those companies who have demonstrated exceptional results during challenging times…
• India’s GDP grows 5.4 pc in Q3; remains world’s fastest growing major economy
  1 March 2022,retail.economictimes.indiatimes.com
  The National Statistical Office (NSO) in its second advance estimates of national accounts released on Monday pegged the country’s growth for 2021-22 at 8.9 per cent, a tad lower than 9.2 per cent estimated in its first advance estimates released in January…
• Ashneer Grover resigns from BharatPe; Step up for Amazon’s Amit Agarwal
  1 March 2022,retail.economictimes.indiatimes.com
  In a midnight email sent to BharatPe’s board, Ashneer Grover said he’s resigning from the fintech firm. This comes almost two months after an audio clip surfaced online in which Grover is allegedly abusing a Kotak Mahindra Bank employee. The two month-long corporate drama has seen Grover take on the company investors, board and even the management at the fintech firm. We have more details in the story…
• L&T Finance to exit wholesale lending to focus exclusively on retail loans
  1 March 2022,retail.economictimes.indiatimes.com
  L&T Finance Holdings on Monday said that it will exit wholesale lending and focus entirely on retail loans as part of a major restructuring exercise that will see parent Larsen and Toubro’s managing director joining the company’s board as its chairperson…
• UB talking to states to allay fears over home delivery of beer: MD
  1 March 2022,retail.economictimes.indiatimes.com
  United Breweries, the country’s largest beer company, is in talks with multiple states to ‘allay the government’s fears’ about home delivery of beer, the company’s managing director Rishi Pardal said in an interview, adding that the ongoing Russia-Ukraine conflict was adding to existing inflationary environment and companies were dealing with steep increase in prices of barley and supply disruptions…
• Look for a buying opportunity; rebalance the portfolio now: Sandeep Tandon
  1 March 2022,retail.economictimes.indiatimes.com
  “This is a classic capitulation phase where people are surrendering their positions and the impact cost is very high because fear is unwinding and people have made a good amount of money. I will look at optimising this opportunity rather than get too worried about it,” says Sandeep Tandon, CEO & Director, Quant Mutual Fund…
• Future Retail suspends supermarket operations as Reliance plans takeover
  1 March 2022,retail.economictimes.indiatimes.com
  Future Retail Ltd, India’s second-largest retailer, suspended most of its online and offline operations as stores remained shut on Sunday, after rival Reliance bid to take over its flagship supermarkets for missed lease payments…
• Centre asks states, UTs to allow relaxation of Covid-19 curbs
  28 Feb 2022,timesofindia.indiatimes.com
  NEW DELHI: Allowing relaxation of Covid containment protocols amid significant decline in case positivity and active cases across the country, the home ministry on Friday asked all the states and Union territories to consider allowing congregations for social, sports, religious, political, sports, entertainment and academic purposes, besides festival-related gatherings, based on a careful assessment of the local situation…
• Can Reliance go forward without Future Retail brands?
  28 Feb 2022,ultra.news
  Reliance Retail, the retailing arm of India’s largest private company, seems to be readying alternative strategies now that the dispute over its acquisition of Future Retail – the operator of Big Bazaar super market chain – seems headed for a protracted hearing before the National Company Law Appellate Tribunal…
• BlueStone Jewellery plans Rs 1,500 cr IPO, taps bankers
  28 Feb 2022,economictimes.indiatimes.com
  MUMBAI: Ratan Tata-backed BlueStone Jewellery is planning to raise over Rs 1,500 crore through an initial public offering (IPO) and has appointed ICICI Securities, IIFL Securities, Jefferies and JM Financial as investment bankers for it, according to three market sources…
• The business secrets held in India’s Nutella jars
  28 Feb 2022,livemint.com
  Instead of trying to read the tea leaves of growth, unemployment and inflation, bankers may now want to pore over orders for Nutella jars
  …
• Enterprise analytics can change the face of retail industry, says Vehant Technologies` Anoop G Prabhu
  28 Feb 2022,livemint.com
  Analytic solutions can assure that customers have a positive experience by developing a personalised customer experience…
• Jaipur Rugs aims to be Rs 1,000-cr firm next fiscal; to open new stores in Europe, Southeast Asia
  28 Feb 2022,retail.economictimes.indiatimes.com
  The firm has opened a flagship store in Milan, Italy, considered to be one of the fashion capitals of the world, in December 2021 moving in the direction of its vision to be a global brand in the segment, said Jaipur Rugs Director Yogesh Chaudhary…
• V-Mart hiked prices for first time in 15 years, can’t rule out more: CFO
  28 Feb 2022,economictimes.indiatimes.com
  “The litmus test is going to be how soon can we bring the full year operations to normalcy in south India and improve the performance by 20% to 25% in terms of sales throughput which should bring the overall EBITDA for the south India market to roughly around 5% or so in pre-Ind-AS,” says Anand Agarwal, CFO, V-Mart Retail…
• How growth of D2C brands is boosting e-commerce ad spends in India
  28 Feb 2022,exchange4media.com
  Industry experts opine that apart from Amazon, Flipkart and Snapdeal, the emergence of several D2C brands is driving the AdEx growth in India…
• Disruption of supply chains may lead to inflation: Mondelez
  28 Feb 2022,exchange4media.com
  A steep surge in crude oil prices would impact household budgets. In India, crude oil-related products have a share of close to 10% in the Wholesale Price Index basket, and oil price impacts everything from manufacturing home care products to packaging and distribution…
• Kalyan Jewellers to accelerate expansion through franchise model in H1 FY23
  28 Feb 2022,business-standard.com
  Kalyan Jewellers is planning to enter the franchise model in the first half of the next financial year to accelerate expansion, according to a top company executive…
• D2C lifestyle brand Damensch raises $16.4 million in funding led by A91 Partners
  28 Feb 2022,retail.economictimes.indiatimes.com
  The company makes loungewear and innerwear for men. It will use the funds to invest in technology enhancements, strengthen and diversify the product portfolio, the company said in a release…
• H&M Home all set to launch in India
  28 Feb 2022,retail.economictimes.indiatimes.com

  In time for Spring re-decoration, H&M launches H&M HOME for the brighter days ahead. The brand aims to instill springtime zen in your home. It opens its doors to India by inviting light into living spaces with bright hues and playful shapes, signalling a new beginning for homes focused on optimism and joy…

• Cracking the D2C code
  28 Feb 2022,hotelierindia.com
  Borrowed supply chain, web-only channel, direct distribution and digital marketing – D2C food brands are going all out to adapt to changing times…
• “Indian consumers shifting from unpackaged yogurt to packaged one”
  28 Feb 2022,fnbnews.com
  Heritage Novandie Foods Pvt. Ltd is a joint venture between Heritage Foods Ltd and Novandie Foods, a subsidiary of Andros, France. It recently entered the Indian market with the launch of French yogurt brand Mamie Yova. It is a 50-year-old brand under which Novandie has been selling gourmet yogurt. Vivek Mani, CEO, Heritage Novandie Foods Pvt Ltd, in an email interaction with F&B News delves deeper into the JV, the brand and more. Excerpts…
• Post-lockdown demand soars for gated projects in Kolkata
  28 Feb 2022,telegraphindia.com
  Majid Khan, Rahul Dev and Partha Chakraborty were at South City Mall on Sunday afternoon to scout for a home of their choice at a real estate fair…
• The best markets in India (top 30 for food and shopping in 2022)
  25 Feb 2022,asiamarkets.com
  Whether it’s business or leisure that brings you to India, putting some time aside to visit the nation’s best food and shopping markets is something you won’t regret…
• Marks & Spencer plans to start selling home items in India from next month
  25 Feb 2022,asiamarkets.com
  British department store chain Marks & Spencer (M&S) is planning to start selling home products including bed linens, cushions and dinnerware in India next month and the announcement comes barely weeks after rival Hennes & Mauritz (H&M) said it is introducing its home products H&M Home in India from March…
• Powering Retail’s Next Decade of Digital Acceleration
  25 Feb 2022,forbesindia.com
  The role of technology, ecosystems and customer experience in powering the digital acceleration of the retail industry…
• 1-India Family Mart raises Rs 50 crore in funding from Dubai-based Gulf Islamic Investments
  25 Feb 2022,economictimes.indiatimes.com
  The “fresh funding round from GII will significantly boost our expansion plans, strengthen our retail presence and drive growth trajectory of the group,” Jay Prakash Shukla, co-founder of 1-India Family Mart…
• FMCG, retail to feel the heat amid rise in inflation
  25 Feb 2022,newindianexpress.com
  For the previous 7-8 years the price of crude oil had been below 100 dollars but today it has crossed the 100-dollar mark, impacting several industries in addition to the food industry…
• Fipola Retail to ramp up hiring, add more stores in Telangana
  25 Feb 2022,telanganatoday.com
  Hyderabad: Fipola Retail India, an omni channel meat D2C (direct to consumer) startup, which operates in Telangana, Karnataka and Tamil Nadu is looking to hire over 400 employees to take the total headcount to over 1,200 in March. Of this, the company will hire 200 plus in Telangana, where it currently has an employee base of over 250…
• Inflation worry to mount as supply chains get disrupted

  25 Feb 2022,timesofindia.indiatimes.com
  NEW DELHI: The Russia-Ukraine conflict is likely to accelerate price pressures in the country as supply chains are getting disrupted and prices of crude oil, metals and other key commodities soar higher in global markets…

• Reliance Retail is ‘King of India Retail’; footprint grows since pandemic: Bernstein
  25 Feb 2022,freepressjournal.in
  Reliance Retail continues to execute strongly and has grown its retail footprint by 39 per cent (in sq.ft) since pandemic, added multiple brands and expanded its digital/new commerce, foreign brokerage, Bernstein said in a report…
• How Going Omnichannel is the Key to Success for the Fashion Industry
  25 Feb 2022,indianretailer.com

  Based on a customer-centric approach, omnichannel strategies integrate online and offline modes to offer customers a more seamless and enjoyable shopping experience…

• SSIPL launches Sports Station’s Flagship Store in Model Town Jalandhar
  25 Feb 2022,digitaljournal.com
  Adding one more feather to its cap, SSIPL, the leader in Sports Wear and athleisure in India has launched Sports Station’s Flagship Store in Model Town, Jalandhar. The store covers a carpet area of 4000 sq feet with more than 2500 sq ft of retail area…
• Exchange old for new: Big Bazaar The Great Xchange
  25 Feb 2022,mid-day.com
  Most of us have this habit of saving things that are not of use now, thinking they might be of some help soon. Most of these things lie there in our house, which ultimately leads to a collection of junk, and with our busy schedules, we keep procrastinating and do not bother to throw them out of the house. And to help us with this issue…
• Baker’s Alley: Enabling Investors and Entrepreneurs Bake Hefty Profits
  25 Feb 2022,hindustantimes.com
  Aadinath Ur Homes, based in Delhi NCR, is a thoroughly modern real estate advisory company built on traditional values of service, integrity, market expertise, global outlook, and local knowledge. Through a team of experienced experts, they help buyers find landmark residential & commercial properties all over the NCR region; they help developers focus on what they do best i.e., build best in class commercial and residential spaces, by lending their support and expertise with a dedicated team of marketing and sales strategists…
• Nitin Paranjpe to be HUL’s non-executive Chairman, Sanjiv Mehta to continue as CEO & MD
  25 Feb 2022,retail.economictimes.indiatimes.com
  HUL, the country’s biggest consumer goods firm, has appointed Nitin Paranjpe, currently chief operating officer of Unilever as a non-executive Chairman of the company with effect from March 31, 2022. Sanjiv Mehta will continue as the chief executive officer and managing director…
• Godrej Appliances eyes 10% market share in AC segment in 2022
  25 Feb 2022,retail.economictimes.indiatimes.com
  “Our current market is ranging between 6 to 7 per cent and we are targeting gains of 3 per cent to move to a double-digit,” Godrej Appliances Business Head and Executive Vice President Kamal Nandi said. The Godrej & Boyce group firm expects pent-up demand coming from the last two summers, to be consumed this summer…
• MMTC-PAMP eyes Rs 1,000 crore revenue in eastern region, expansion into key markets
  25 Feb 2022,retail.economictimes.indiatimes.com
  The company announced its decision to expand its footprint in east India by launching its first store in Kolkata. This move is strategically aligned to target consumers looking to buy the purest gold and silver coins and bars from their trusted jewellers…
• Delhi: Buy liquor in tetra pack, more brands in line for approval
  25 Feb 2022,retail.economictimes.indiatimes.com
  After states like Karnataka, Andhra Pradesh and Maharashtra, Delhi has also started selling liquor in tetra packs. Officials say the decision has been taken to make liquor more affordable to the lower income group…
• Consumer sentiment improves in first three weeks of February: CMIE
  25 Feb 2022,retail.economictimes.indiatimes.com
  “This is hugely important because it implies the continuation of a trend of rising consumer sentiments that began in July 2021,” CMIE said. “A nearly sustained growth in the ICS over eight months implies momentum, which in turn implies sustained improvement in household sentiments,” it added…
• Former Del Monte Foods India CEO joins Advisory Board of SupplyNote
  25 Feb 2022,retail.economictimes.indiatimes.com
  Bellani has built two businesses in the past- Kohinoor Ready-to-Eat Foods (later acquired by McCormick, US) and Del Monte in India…
• Curefoods acquires franchise rights for US-based pizza chain Sbarro
  25 Feb 2022,retail.economictimes.indiatimes.com
  Curefoods plans to open around 50 Sbarro outlets in the next 3 years starting with Karnataka and the expansion will consist of a mix of walk-in outlets and cloud kitchens to ensure maximum customer reach…
• Wonderchef enters diningware segment; eyes Rs 50 cr revenue in first year
  25 Feb 2022,retail.economictimes.indiatimes.com
  Saxena said already around 600 dining ware items are on its website and by the end of March, there will be over 2,000 items which will include an extensive range of tableware, barware, cutlery, glasses, linen, serve ware, and dinnerware in bone china, fine bone china, and stoneware. Crystal glasses will be imported from Italy, he added…
• Most Indian consumers remain price-sensitive while buying electronic products: Study
  25 Feb 2022,retail.economictimes.indiatimes.com
  The study highlighted that 77% of the respondents are prepared to invest time and money to support companies that do good, however while shopping 84% are bothered about saving money and 71% think sustainable products are always more expensive. There is also a knowledge barrier even amongst the most aware consumer segment…
• Ikea India appoints Susanne Pulverer as first woman CEO
  24 Feb 2022,livemint.com
  Pulverer started out as an environmental manager for Ikea and moved on to Ikea of Sweden, where she held various positions in different business categories…
• Global fashion and lifestyle brands to scale up play as Covid wanes
  24 Feb 2022,economictimes.indiatimes.com
  German sandal maker Birkenstock plans to open 25 outlets in India this year, while Italy’s Pianoforte Group is looking to roll out about 20 stores each of the Yamamay and Carpisa brands in the next two years. After rolling out its India webstore last year, Victoria’s Secret is making its India brick-and-mortar debut with a 4,000 sq ft outlet in Delhi’s Ambience mall and the lingerie seller is scouting for spaces in other malls…
• R CITY Mall’s ‘LOVE FOR FOOD’ offers exciting deals on F&B brands to indulge your inner foodie this February
  24 Feb 2022,mid-day.com
  This February, the month of love, R CITY mall – Mumbai’s iconic lifestyle destination—is celebrating ‘LOVE FOR FOOD’ with the foodies of the city by offering an exciting FLAT 50% off across an array of F&B brand at the mall…
• Shops get the wares ready to dress up office-goers

  24 Feb 2022,economictimes.indiatimes.com
  Lifestyle, apparel and footwear companies are upbeat that the back-to-office plans of India Inc., reopening of schools and easing of travel restrictions will push up sales in categories that had seen a slump with the onset of the Covid-19 pandemic two years ago…

• Amity Mumbai hosts e-lecture series on fashion, designing and ideation
  24 Feb 2022,telegraphindia.com
  Pallabi Baro, a key account manager at a fashion retail business house at Milan, Italy talked about the introduction of the product passports in the business model. Source: Amity University Mumbai…
• News from world of education – February 24, 2022
  24 Feb 2022,thehindu.com
  Hewlett Packard Enterprise in collaboration with Codingal has launched HPE CodeWars 2022 India Edition. This annual Hackathon and Coding Competition aims to encourage students from Classes 9-12 learn to code and find innovative solutions to real-life issues. Registration and participation is free of cost. More details at https://bit.ly/3JNCwbI…
• Italian Retail Giant Benetton Steps Into The Metaverse; Launches Virtual Store
  24 Feb 2022,in.mashable.com
  The Italian retail giant Benetton has stepped into the Metaverse! The company is amongst the many fashion and retail brands that are foraying into the virtual world to extend their businesses and brand proliferation…
• Nykaa rallies nearly 5% on settlement of litigation with L’Oreal; JM Financial sees 60% upside
  24 Feb 2022,moneycontrol.com
  JM Financial feels the recent share price correction in Nykaa provides an extremely encouraging risk reward and hence, it has reiterated ‘buy’ rating on the stock with a March 2023 target of Rs 2,120, around 60 percent upside…
• Fabindia Plans Global Expansion with New Product Portfolio
  24 Feb 2022,indianretailer.com
  As of September 30, 2021, Fabindia has 309 retail stores, including 11 retail stores located outside India. Further, through online channels and exports, ‘Fabindia’ and ‘Organic India’ products are sold and distributed in 55 countries…
• When USTR Santa put local markets on the ‘naughty list’
  24 Feb 2022,brandequity.economictimes.indiatimes.com
  Local sellers have always found it tough to compete with online marketplaces, especially post the pandemic. Just as the storm created by the ‘third wave’ was taken care of, another came from the United States Trade Representative (USTR)…
• Sports and athleisure wear brand SSIPL launches Sports Station flagship store in Jalandhar
  
  24 Feb 2022,retail4growth.com

  The store covers a carpet area of 4000 sq feet with more than 2500 sq ft of retail area, housing leading global brands…

• Consumer Electronics Brand Mivi Eyes to Expand into the Offline Space
  24 Feb 2022,indianretailer.com
  In a major development, to further expand its reach, Mivi is set to embark on an offline journey by introducing its products in select physical stores…
• Learn how to apply tech in different domains
  24 Feb 2022,timesofindia.indiatimes.com
  It was his curiosity in astronomy and communication that led Nitin Mittal to take up engineering in electronics and telecommunication for his Bachelor’s degree. Since then, he has worked on major projects in different sectors – retail, health, banking, finance, and now entertainment. “I like to build large-scale solutions for an organisation, and then move on to another organisation to do the same. I enjoy learning about the sector, the role of technology in it, and meeting new people,” he says…
• Max Estates leases 1.05 lakh square feet office space in Delhi’s Okhla at around Rs 16 crore annual rent
  24 Feb 2022,cnbctv18.com
  Max group firm Max Ventures & Industries Ltd (MaxVIL) has completely leased 1.05 lakh square feet space in its office complex at Okhla in the national capital and will earn a rental income of around Rs 16 crore annually. MaxVIL, which is one of the three listed companies of the $4-billion Max Group, said in a statement that the first phase of its commercial project ’Max House’, comprising 1.05 lakh square feet, is now 100 percent leased out to big domestic and international clients…
• Probiotics Market to Reach USD 94.48 Billion by 2020-2027 | Probiotics Industry Exhibit CAGR of 7.9%
  24 Feb 2022,globenewswire.com
  Key players covered in probiotics market are Danone S.A. (Paris, France), Lallemand Inc. (Canada), Yakult Honsha (Japan), Nestle S.A. (Vevey, Switzerland), DuPont (Danisco A’S) (Delaware, United States), Chr. Hansen (Horsholm, Denmark), Kerry Inc. (Tralee, Ireland), Post Holdings, Inc. (Missouri), Pepsico, Inc. (New York, United States), Evolve Biosystems, Inc. (Davis, California), and more players profiled…
• GIFT City allots 70,000 sq ft development rights to Avenue Supermarts
  24 Feb 2022,economictimes.indiatimes.com
  The Gujarat International Finance Tec-City (GIFT City), India’s first operational smart city and International Financial Services Centre (IFSC), has allotted over 70,000 sq ft development rights to Avenue Supermarts that owns and operates national supermarket chain D-Mart, said persons with direct knowledge of the development…
• D-Mart all set to enter GIFT City
  24 Feb 2022,economictimes.indiatimes.com
  Supermarket chain D-Mart is all set to enter GIFT City in Gujarat. Avenue Supermarts Limited, which owns and operates D-Mart, is all set to open its store in GIFT City — India’s first operational smart city and International Financial Services Centre (IFSC). The company has been recently allotted development rights for development of the store in GIFT City…
• BigBasket establishes presence in 18 tier-2 and 3 cities across India
  24 Feb 2022,business-standard.com
  The expansion of BigBasket’s coverage is also taking place in the form of Fresho stores, the physical retail outlets established by the company…
• Dabur ties up with IndianOil for direct-to-home sales
  24 Feb 2022,economictimes.indiatimes.com
  Packaged consumer goods and ayurvedic products maker Dabur India has tied up with energy provider IndianOil in an exclusive partnership, which will provide direct access of Dabur’s products to around 14 crore Indane LPG consumer households across India…
• Global fashion and lifestyle brands to scale up play as Covid wanes
  24 Feb 2022,economictimes.indiatimes.com

  German sandal maker Birkenstock plans to open 25 outlets in India this year, while Italy’s Pianoforte Group is looking to roll out about 20 stores each of the Yamamay and Carpisa brands in the next two years. After rolling out its India webstore last year, Victoria’s Secret is making its India brick-and-mortar debut with a 4,000 sq ft outlet in Delhi’s Ambience mall and the lingerie seller is scouting for spaces in other malls…

• Impact of the Pandemic on the Indian consumer needs
  24 Feb 2022,economictimes.indiatimes.com
  While the covid-pandemic caused a physical shift in the ways of the world, the Indian consumer has also evolved. And brands must latch on if they want to enhance the effectiveness of their marketing strategies. The customers, today, have become self- reliant and have adopted to the DIY culture. Extended spells of lockdown have resulted in the creation of a self-reliant Indian who has learnt to tackle concerns on their own and post about it on social media. The Indian Consumer looked inwardly, pushed themselves, learnt, and emerged with a solution to their own challenges. Whether it was learning to cut their hair, groom themselves, regular house repairs, or even larger chores for those who didn’t know cooking, cleaning or learning a work skill or taking on that extra work responsibility for which we initially had the luxury of relying on another…
• Bikaji Foods International files DRHP for Rs 1,000 crore IPO
  24 Feb 2022,retail.economictimes.indiatimes.com
  ​​The issue is entirely an offer for sale (OFS) of up to 29,373,984 by existing shareholders and promoter group entities. The company will not receive any proceeds from the issue…
• Live commerce, beauty among key focus areas for Myntra, says new CEO Nandita Sinha
  24 Feb 2022,retail.economictimes.indiatimes.com
  ​​Sinha, who was earlier vice-president of customer growth, media and engagement at Flipkart, told ET in an interview that Myntra is focussing on building and strengthening its team with a focus on fashion and technology. Her big priority is to push internal talent, she added…
• Our mission is to democratise e-commerce: Meesho’s Utkrishta Kumar
  24 Feb 2022,retail.economictimes.indiatimes.com
  ​​Speaking about the company’s growth, Kumar said that by December 2022, Meesho aims to reach 100 million monthly transacting users on the back of grassroots innovation, affordable pricing, and category expansion…
• The Man Company forays into wellness category; eyes Rs 100 crore revenue in 2 years
  24 Feb 2022,retail.economictimes.indiatimes.com
  “The Man Company was founded to address the inside-out wellness needs of modern-day gentlemen. And while we are already offering numerous essential products that focus on men’s external grooming factors with some portions of internal wellness, our latest invention MINS, solely works on boosting the Vitamin factor,” said Hitesh Dhingra, founder at The Man Company…
• India’s computer shipment grew by a record 44.5% in 2021: IDC
  24 Feb 2022,retail.economictimes.indiatimes.com
  ​​IDC said the total PC market in the country touched 14.8 million units in 2021. Of this, the notebook category was the volume driver with shipments reaching 11.6 million units while the desktop category, which saw a steep decline in 2020, managed a recovery with 30% year-on-year growth…
• Businesses returning to normalcy: It’s yesterday once more for consumers as Covid fades
  24 Feb 2022,financialexpress.com
  Restaurant chains with a pan-India footprint are seeking easing of restrictions so that the industry can recover fully at a faster pace. They are also seeking restoration of input tax credit on GST immediately as that is seen as an obstacle to faster recovery…
• Shopping centres, malls request Delhi government to allow operations beyond 8 pm
  23 Feb 2022,newindianexpress.com
  Shopping centres and malls have requested the Delhi government to ease restrictions and allow operations of malls beyond 8 pm, citing falling number of Covid-19 cases…
• Shopping centres, malls request govt to allow ops beyond 8 pm; DDMA likely to meet on Fri
  23 Feb 2022,millenniumpost.in
  New Delhi: Shopping centres and malls have requested the Delhi government to ease restrictions and allow operations of malls beyond 8 pm, citing falling number of COVID-19 cases…
• Delhi News: DDMA meeting to be held on February 25
  23 Feb 2022,timesofindia.indiatimes.com
  Delhi Disaster Management Authority (DDMA) meeting to be held on February 25. Further relaxations in Covid restrictions in the capital in wake of a drop in cases likely to be taken up. Stay tuned to TOI for all latest updates…
• Shopping centres, malls request Delhi government to allow operations beyond 8 pm
  23 Feb 2022,retail.economictimes.indiatimes.com
  In a letter to Delhi Chief Minister Arvind Kejriwal, the Shopping Centres Association of India (SCAI) also assured him that it will take all precautions and adhere to the directives issued by the authorities…
• Mall developers, operators approach Maharashtra CM seeking shoppers’ entry rule relaxation
  19 Feb 2022,economictimes.indiatimes.com
  Retail mall developers and operators have reached out to the Chief Minister of Maharashtra Uddhav Thackeray seeking relaxation in the rule that mandates that only fully vaccinated people will be allowed entry inside shopping malls…
• The key trends that will drive retail and e-commerce growth this year
  19 Feb 2022,financialexpress.com
  E-commerce and retail players are experimenting with various kinds of engagement models…
• Rural B2B e-commerce platform ElasticRun raises $330 million to expand across India
  19 Feb 2022,ruralmarketing.in
  The investment will help ElasticRun to expand its rural reach and enable over a million kirana stores to conveniently access big consumer and food brands through its e-commerce platform…
• Quess CFO says retail, telecom jobs to pick up strongly; aims 20% growth for FY23
  19 Feb 2022,cfo.economictimes.indiatimes.com
  Quess is banking on the revival in the retail and telecom sectors as well as on a continued resurgence in the BFSI and the e-commerce sectors, says its CFO Ravi Vishwanath…
• @Home Introduces Arias, A Premium Home Décor Collection By Lara Dutta
  19 Feb 2022,cfo.economictimes.indiatimes.com
  New Delhi: @home, a retail division of Nilkamal Ltd and leading Bollywood actress Lara Dutta have come together to bring alive an exclusive range of home décor collections – Arias. Curated by Lara Dutta, Arias is a premium home decor brand with multiple offerings across dining, bedding, living and bath categories…
• Bazar India Partners with Columbus to Offer Athletic Footwear Across India
  19 Feb 2022,indianretailer.com
  This collaboration will enable Bazar India to focus on its core business while leveraging the strength of Columbus’ powerful footwear range on a worldwide/global scale…
• Lenders allow FRL to pay $14 million interest to foreign bondholders
  19 Feb 2022,retail.economictimes.indiatimes.com
  At the meeting, Biyani also assured lenders that Future would win the legal battle against Amazon over the sale by March-end, said the people cited above. The company didn’t respond to ET’s queries…
• Covid effect: Indian consumers now more conscious of health, fitness and holistic nutrition, says EY survey
  19 Feb 2022,retail.economictimes.indiatimes.com
  “While some see this as a short-term phenomenon, we expect this phase to catalyse a larger acceleration in the propensity towards personal health, hygiene, fitness and holistic nutrition,” EY India National Leader – Consumer Product & Retail Sector Angshuman Bhattacharya said in a statement…
• India-UAE Free Trade Agreement to boost gold jewellery exports from India: Malabar Gold MD
  19 Feb 2022,retail.economictimes.indiatimes.com
  “The proposed FTA will pave the way for making India the OEM manufacturing base for global brands. At present, Singapore is the OEM for many jewellery products in the UAE,” Shamlal Ahamed, MD, international operations of Malabar Gold & Diamonds said…
• Durex becomes second-largest condom brand in India: Reckitt
  19 Feb 2022,livemint.com
  In FY21, the maker of Lysol disinfectant and Dettol anitiseptic, said that its intimate wellness portfolio delivered strong mid-teens growth in both 2021 and on a two-year stack, led by its flagship brands of Durex and K-Y, an intimate lubricants brand. (The Durex and Kohinoor trademarks will however continue to be owned by Reckitt Benckiser through its acquisition of SSL International in November 2010 and won’t form part of the deal…
• Will malls collect fee for using lifts: HC
  29 Jan 2022, indiatimes.com
  Kochi: The high court on Friday asked whether malls would begin collecting fees from customers for using their lifts citing the reason that a service is being provided…
• ‘Shopping malls collecting parking fees is prima facie illegal’: Kerala High Court
  29 Jan 2022, newindianexpress.com
  KOCHI: The Kerala High Court on Friday, January 28, 2022, observed that the collection of parking fees from customers by shopping malls is prima facie illegal. The bench added that if this was permitted, they will also collect fees for providing lift service to their customers…
• Abhishek Tapadia: Chasing Dreams
  29 Jan 2022, deccanherald.com
  It is one thing to dream and another to have the discipline and dedication towards achieving it. It gets easier when you see someone in your surroundings doing the same. You don’t shy away from dreaming big, as it feels achievable. But it is best when that person is your parent. Because then it becomes a lifestyle. As kids don’t learn what you keep telling them, they learn from what they see you doing…
• Budget 2022: Retail sector seeks relief measures, steps to boost consumption
  28 Jan 2022, moneycontrol.com
  The beleaguered retail industry expects a slew of relief measures to help it tide over challenging times as it struggles with footfalls and low sales again, amid the third wave of the Covid pandemic. Additionally, the industry is also looking forward to announcements around a National Retail Policy, restructuring of GST formalities and initiatives to boost consumption in the upcoming union budget…
• Revival plans of eateries hit a wall
  28 Jan 2022, moneycontrol.com
  Thiruvananthapuram: The third wave of the pandemic has spoiled the revival plans of shops and commercial establishments in the city. As the district has been listed under ‘C’ category, shoppers and patrons have been staying away, hurting the businesses which were slowly getting back into shape…
• Blackstone sets up $900 mn India logistics platform ‘Horizon Industrial Parks
  
  28 Jan 2022, livemint.com
  Bengaluru: Global asset manager Blackstone Group Lp has set up a logistics vertical ‘Horizon Industrial Parks’ in India that will house its existing assets, and which will be scaled up through acquisitions and greenfield developments…
• Lenskart Launches 73 Retail Stores Across 46 Cities
  28 Jan 2022, indianretailer.com
  Lenskart aims to set up a total of 400 stores in the FY 2022, 73 stores launched was predominantly in Tamil Nadu -17 stores, 10 in Karnataka, and 6 each in Telangana and Kerala among others…
• Aeronot – A new perfume house in town
  28 Jan 2022, hindustantimes.com
  Each fragrance at Aeronot is built around a story, a theme, a memory, or an emotion captured and thus one of our tagline, ‘Created with emotions and memories.A new fragrance house is already the talk of the town. Introducing Aeronot, a perfume house with a brand name kept out of the founder’s shared love for aviation. The company established in Gurgaon, has a collection of four niche fragrances with a very bold and vibrant story/theme attached to each scent to help customers visualize the experience of wearing the fragrances…
• Traditional trade share in grocery retail to fall 20% in next 5 years: McKinsey
  28 Jan 2022, livemint.com
  As India’s grocery retail market expands, the share of traditional trade will decline, a new report said, with modern trade formats and pure-play online sales capturing a bigger share by 2025…
• Manish Malhotra eyes global expansion of stores after Reliance investment
  28 Jan 2022,business-standard.com
  Manish Malhotra, stylist to some of Bollywood’s biggest stars in the last three decades, is planning to more than double his chain of stores as well as open his first overseas shop, months after Asia’s richest man bought into his eponymous fashion house…
• What retailers want from Union Budget 2022?
  28 Jan 2022,indiatimes.com
  ​The impact of the pandemic on the income of the people has been huge. To stimulate demand, it is important that money is increased in the hands of people and products remain affordable,” said Sanjeev Agrawal, Chairman and Development Licensee, McDonald’s India – North and East…
• The anti-sustainability Black Friday sales: Where are India’s Patagonias?
  28 Jan 2022,forbesindia.com
  ​With every passing season, the global fashion industry propagates a frenzied pace of change in trends, feeding on consumers’ insecurities, deliberately making them feel off-trend and out of fashion. The fashion cycle has now shifted from the traditional spring/summer and autumn/winter collections to over 50 new micro seasons. Global clothing production doubled between 2000-2015, while the number of times an item was worn before being disposed of declined by 36 percent…
• Deciphering Aditya Birla Fashion’s growth plans
  28 Jan 2022,indiatimes.com
  Aditya Birla Fashion and Retail Limited (ABFRL) has a portfolio of leading power brands such as Allen Solly, Van Heusen, Louis Philippe and Peter England, along with Pantaloons, which is the core strength of the fashion retailer. ABFRL has 3,264 stores across 26,841 multi-brand outlets with 7,094+ points of sale in stores across India (as on September 30, 2021). Lately, ABFRL has gained a lot of limelight because of its recent business…
• Raymond gains after robust Q3 results
  28 Jan 2022,business-standard.com
  Raymond rose 1.88% to Rs 798.65 after the company’s consolidated net profit surged 362.33% to Rs 100.28 crore on 48.25% increase in revenue from operations to Rs 1,843.39 crore in Q3 December 2021 over Q3 December 2020…
• Arvind Q3 Results: Net profit jumps over four-fold to Rs 94 cr
  28 Jan 2022,indiatimes.com
  New Delhi: Leading textile manufacturer Arvind Ltd on Thursday reported an over four-fold increase in consolidated net profit at Rs 94.34 crore for the third quarter ended December 2021, led by volume growth across segments. The company had posted a net profit of Rs 22.44 crore during the October-December period of the previous fiscal, Arvind said in a regulatory filing…
• Restaurants, retailers welcome move to lift restrictions in Delhi
  28 Jan 2022,livemint.com
  The Delhi Disaster Management Authority’s (DDMA) decision to ease restrictions was welcomed by shop-owners, mall developers, and restaurant owners as the capital rescinded weekend curfews and allowed restaurants and cinemas to operate at 50% capacity after weeks of closures…
• Relief lights up mood at multiplexes, malls
  28 Jan 2022,indiatimes.com
  New Delhi: After eagerly waiting for the DDMA decision to reopen theatres employees of multiplexes and single screens hope that they won’t have to wait any longer to be .As the news finally came in, Multiplex Association of India (MAI) expressed its gratitude to the Delhi government for listening to the Indian film industry’s collective call to allow reopening of theatres…
• Ready To Cook Food Market Is Expected to Boom:MTR Foods, Gits Food
  28 Jan 2022,constructionnewsportal.com
  A2Z Market Research published new research on Global Ready To Cook Food covering micro level of analysis by competitors and key business segments (2022-2029). The Global Ready To Cook Food explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists both qualitative and quantitative detailing…
• Good News! Maharashtra Cabinet approves sale of wine in supermarkets, walk-in stores

  28 Jan 2022,freepressjournal.in
  Mumbai: Tipplers can now buy their wine from any supermarket or walk-in store in Maharashtra, and will not have to go exclusively to liquor shops for the same. The state cabinet headed by Chief Minister Uddhav Thackeray on Thursday approved the sale of wine in supermarkets or walk-in stores. Currently, wine is produced in the state from fruits, flowers and honey. Wineries will now be able to market their wines by selling them directly in supermarkets or in walk-in stores in a shelf-in-shop manner. The decision is expected to benefit small wineries and alternatively, farmers in the state…

• Gurgaon: Shopping Malls, Markets to be Open till 7pm in Delhi’s Neighbourhood. Read Details
  27 Jan 2022, news18.com
  The Haryana government on Wednesday extended Covid-related restrictions in the state till February 10, but allowed malls and markets to remain open till 7 pm, extending the relaxation by one hour. Initially, various restrictions imposed by the January 5 order in some districts, which had witnessed a big spike in cases, were imposed in all districts, the Haryana State Disaster Management Authority (HSDMA) had said in an earlier order issued on January 13…
• In a big-ticket land deal, Elan Group acquires 40-acre land in Gurgaon
  27 Jan 2022, livemint.com
  This land parcel, located on Dwarka Expressway, will help Gurgaon-based Elan Group make an entry into the housing segment with the total development potential of around 5 million square feet…
• Lingerie Market Poised to Create New Opportunity of over US$ 93.1 Bn through 2031
  27 Jan 2022, livemint.com
  Lingerie Market is estimated to expand at a CAGR of 8.5% during the forecast period, North America is expected to register the highest CAGR in the future…
• Future Retail moves Supreme Court on lenders’ insolvency notice
  27 Jan 2022, indiatimes.com
  NEW DELHI: Facing heat from banks for recovery of outstanding dues,Future Retail on Tuesday moved the seeking quashing of lenders’ letters threatening initiation of insolvency proceedings by citing its still alive, but mired in cross-country litigations initiated by multinational Amazon, deal with Reliance Retail for sale of assets for nearly Rs 25,000 crore…
• Budget 2022: High time to accelerate and implement National Retail Trade Policy to streamline growth
  27 Jan 2022, firstpost.com
  The pandemic, ongoing for almost two years now has been extremely straining and challenging for economies across the globe with India being no different. The lockdown and restrictions imposed for brief periods, mandating limitations on retailing hours, movement of people, operational days, etc., have all resulted in retail establishment owners incurring heavy losses. While businesses were slowly recovering to pre-pandemic levels, the new variant and surge in cases have again slowed things down across business segments…
• TCS announces Microsoft Cloud for Retail partnership
  27 Jan 2022, indiatimes.com
  Tata Consultancy Services NSE 2.09 % is expanding its collaboration with Microsoft Cloud to include the newly launched Microsoft Cloud for Retail India’s largest IT services firm will combine its retail domain experience and multi-horizon cloud transformation framework to help clients accelerate their growth and transformation journeys using the industry-specific Microsoft Cloud for Retail…
• Pernod Ricard plans to set up its own branded retail outlets in India
  27 Jan 2022, business-standard.com
  Pernod Ricard is looking at opening its own branded retail outlets in India to showcase its range of spirits and bringing its popular branded bar outlets here. The world’s second largest wine and spirits company is exploring these options in order to gain direct access to customers…
• Small cities, big opportunities: 5 small town businesses that are making noise across the country
  27 Jan 2022, yourstory.com
  On the occasion of Republic Day, SMBStory brings you stories of five large Made-in-India businesses and brands based out of small towns that are wooing customers across the country, and making the case for Atmanirbhar Bharat…
• This woman entrepreneur is bringing organic clothes for Indian children, clocks 2,000 daily orders
  27 Jan 2022, yourstory.com
  Founded by Niharika Verma, Bengaluru-based Bonkids designs organic and merchandised clothes for children between two to 15 years old…
• From vegicken curry to vegan mutton tikkas, mock meat players race to win Indian tastebuds
  27 Jan 2022,theprint.in
  New Delhi: There is only so much an aloo tikki burger or soya chaap can do for the average non-vegetarian Indian’s palate — even if they are desperate to stop consuming meat for ethical, environmental, or health reasons. However, culinary jugglery in laboratories has brought new hope in the form of plant-based mock meats that claim to offer the pleasures of flesh together with the moral high ground of veganism…
• Lowering taxes, more R&D will stablise consumer electronics sector, say players
  27 Jan 2022,morungexpress.com
  New Delhi, January 25 (IANS): The government should consider lowering tax rate on consumer electronics and ensure a stable GST tax slab as this would encourage consumers to buy higher ASP (average selling point) products and stabilise the sector shaken by the pandemic, industry players said ahead of the Union Budget 2022-23…
• Focus is on strengthening omnichannel retail strategy: Ahammed MP, Malabar Gold & Diamonds
  27 Jan 2022,exchange4media.com
  Malabar Gold and Diamonds launched 22 showrooms in January, and Ahammed MP, Chairman, Malabar Gold and Diamonds says that the retail major plans are to reach 750 showrooms by 2023. He adds that post pandemic, customers are open to experimentation and he is optimistic about the road ahead…
• LoveStartsWithSelf says Melorra ahead of Valentine’s Day
  27 Jan 2022,apnnews.com
  Bengaluru : Melorra , India’s fastest growing lightweight D2C brand designing BIS hallmarked, affordable and trendy jewellery for everyday wear has unveiled its new Valentine’s Day campaign – #LoveStartsWithSelf. The campaign celebrates the beautiful journey of love and highlights how the independent and self-purchasing women of today are their own prince charming…
• Budget 2022: Covid-hit theatre owners seek tax relief, capital support
  27 Jan 2022,moneycontrol.com
  Theatre owners, one of the hardest hit due to the Covid-19 outbreak that led to months of cinema closures, want the government to provide them tax relief and capital support in the upcoming budget…
• History lessons and hidden gems on a walking tour around Esplanade
  27 Jan 2022,telegraphindia.com
  Dharmatala, or Esplanade, has many monikers. However, having been a busy commercial area that grew with the hold of the British in Raj-era Calcutta, it is also one of the city’s historic centres…
• Multiplexes on the expansion spree
  27 Jan 2022,thehindubusinessline.com
  Despite the pandemic’s devastating impact on the film exhibition business, multiplex chains are on an expansion spree encouraged by the fast business recovery, strong patronage for big screen viewing and the industry’s long-term growth prospects…
• For India’s mall operators, the pandemic pain is only beginning
  27 Jan 2022,economictimes.indiatimes.com
  ICRA Ratings revised down the rental forecast for mall operators in the current fiscal year to 70% of pre-Covid levels, compared to earlier estimates of up to 75% recovery, following staggered operating-hour and mobility curbs across the country in the aftermath of the Omicron wave. Rentals by mall operators are expected to decline by 20-25% in the fourth quarter compared to earlier estimates…
• Rental income of malls may fall 24% in Q4 to around Rs 300 crore due: ICRA
  27 Jan 2022,indiatimes.com
  NEW DELHI: Rental income of 23 might decline 24 per cent to around Rs 300 crore during the January-March 2021 period as compared with the previous quarter due to the COVID-19 pandemic, according to rating agency ICRA. The estimate is based on the sample of 23 malls, covering 14.2 million square feet, across nine states, it said…
• French sports retailer Decathlon names Barbara Martin Coppola as new group CEO
  27 Jan 2022,indiatimes.com
  PARIS: French sports retailer Decathlon Barbara Martin Coppola , a former executive at companies such as IKEA and Google, as its new global chief executive…
• Metro unveils strategy through 2030
  27 Jan 2022,livemint.com
  Metro AG on Wednesday unveiled its strategic targets through 2030, saying it plans to focus on professional customers and expand its multichannel business model…
• Budget: Indian mobile handset industry wants ecosystem for domestic manufacturin exports
  27 Jan 2022,livemint.com
  The mobile handset industry has seen a gradual movement towards higher priced smartphones, pushing up average selling price (ASP) to Rs 17,800, from Rs 14,600 a year ago. And more of an upward movement is expected this year too. India, the world’s second-largest handset market, is dominated by Chinese players such as Xiaomi, Vivo, Oppo & Realme, along with Samsung. There is scope for more as it still has some 350-400 million feature phone users who can be upgraded to smartphones. The local mobile phone assembly has picked up significantly, backed by the government’s production-linked incentive (PLI) scheme —with Apple and Samsung leading the fray. The industry wants an ecosystem to push exports and support the resurrection of home-bred brands…
• Marks and Spencer India reports sharp decline in revenue in FY 2020-21
  26 Oct 2021, Livemint.com
  The company reported a net profit of Rs30.4 crore during FY 20-21, a 17% decrease from the previous financial year at Rs36.53 crore Listen to this article : British multinational retailer Marks and Spencer India Pvt Ltd reported a sharp fall in revenue in the financial year 2020-21. In its filing to the Registrar of Companies (RoC), Ministry of Corporate Affairs, the company said that its revenues were down by 77% since the last financial year at ₹ 91 crore…
• Collaborative Innovation Between Shopping Centres and Retailers
  20 Oct 2021, Indiaretailing.com
  The primary focus of the roundtable discussion was to discuss the future of retail real estate as an asset class and to find the right mix, spreading risk, and building profitability, creating integrated retail spaces to capture 24*7 consumer activities and needs in the current situation.In an attempt to announce the return of normalcy to the real estate and retail sectors, IMAGES Group in association with Shopping Centres Association of India (SCAI), organised a roundtable titled ‘Collaborative Innovation Between Malls and Retailers’, at the inaugural session of ‘Shopping Centre Next 2021’…
• Heading back to the cinemas? Here’s what you need to know
  19 Oct 2021, Timesofindia.indiatimes.com
  IST Movie buffs have been looking forward to going #BackToCinemas for a while now.And after a long wait of 18 months, Maharashtra’s movie theatres and auditoriums will finally restart functioning from October 22. The state government has issued standard operating procedures (SOPs) for the same, which include operations with 50 per cent staff, in accordance with strict safety and hygiene regulations, as per COVID-19 related guidelines…
• How Durga Puja will help Bengal’s economy continue positive growth
  12 Oct 2021, Indiatoday.in
  As Durga Puja fervour sets in, the ‘Pujo-shopping’ spree has returned. And with that, Bengal is hoping for a strong comeback riding on the festive season. Idol-makers are yet to get relief as the number of orders have drastically shrunk due to Covid. (File photo of a Puja at Girish Bhawan in South Kolkata) With the decline in the Covid cases and upbeat market sentiment, the economy of Bengal is hoping for a strong comeback riding on the festive season. As Durga Puja fervour sets in, the ‘Pujo-shopping’ spree has returned…
• How Durga Puja will help Bengal’s economy continue positive growth
  12 Oct 2021, Msn.com
  With the decline in the Covid cases and upbeat market sentiment, the economy of Bengal is hoping for a strong comeback riding on the festive season.As Durga Puja fervour sets in, the ‘Pujo-shopping’ spree has returned. A recent report by the British Council pegged the usual creative economy around Durga Puja at Rs 32,377 crore, which is about 2.78 per cent of the GDP. The 2020 festive season was hit hard by the pandemic and now the economy is looking forward to a revival. The aggregate demand in 2021-22 in the state has reached pre-Covid levels, as per an estimate…
• How Durga Puja will help Bengal’s economy continue positive growth
  12 Oct 2021, Reportwire.in
  With the decline in the Covid cases and upbeat market sentiment, the economy of Bengal is hoping for a strong comeback riding on the festive season.As Durga Puja fervour sets in, the ‘Pujo-shopping’ spree has returned. A recent report by the British Council pegged the usual creative economy around Durga Puja at Rs 32,377 crore, which is about 2.78 per cent of the GDP. The 2020 festive season was hit hard by the pandemic and now the economy is looking forward to a revival. The aggregate demand in 2021-22 in the state has reached pre-Covid levels, as per an estimate…
• How Durga Puja will help Bengal’s economy continue positive growth
  12 Oct 2021, M.dailyhunt.in
  With the decline in the Covid cases and upbeat market sentiment, the economy of Bengal is hoping for a strong comeback riding on the festive season.As Durga Puja fervour sets in, the ‘Pujo-shopping’ spree has returned. A recent report by the British Council pegged the usual creative economy around Durga Puja at Rs 32,377 crore, which is about 2.78 per cent of the GDP. The 2020 festive season was hit hard by the pandemic and now the economy is looking forward to a revival. The aggregate demand in 2021-22 in the state has reached pre-Covid levels, as per an estimate…
• Bhumika Group completes Phase 1 of Urban Square
  10 Oct 2021, Theglobalrealty.com
  Comments Off on Bhumika Group completes Phase 1 of Urban SquareNEW DELHI: North India’s leading real estate developer Bhumika Group announced that it had completed phase 1 of its iconic Urban Square mall in Udaipur. Out of the total 1.8 million sq ft, around 1 million sq ft is ready for the fit outs.The mixed-use development has a mall positioned as “All Under One Roof” Mall and Multiplex with Retail, Lifestyle, Offices, 5 Star Hotel, a Food Court, Gaming Zone and many more entertainment options…
• Maharashtra: As malls bounce back, small cities ripe for the picking
  09 Oct 2021, Retail.economictimes.indiatimes.com
  The mall segment, which has been battered for more than a year by the effects of the pandemic, is increasingly focusing on untapped, secondary markets across Maharashtra , as well as the rest of the country. The new addition, real estate consultant Anarock noted, was still significantly less that the 85 lakh square feet added in 2019, with most of the new additions being projects delayed or held back due to labour shortages and severe restrictions on retail — and the adverse economic climate — brought about by the pandemic…
• Bhumika Group completes Phase 1 of Urban Square
  09 Oct 2021, Apnnews.com
  Udaipur : North India’s leading real estate developer Bhumika Group announced that it had completed phase 1 of its iconic Urban Square mall in Udaipur. Out of the total 1.8 million sq ft, around 1 million sq ft is ready for the fit outs. The mixed-use development has a mall positioned as “All Under One Roof” Mall and Multiplex with Retail, Lifestyle, Offices, 5 Star Hotel, a Food Court, Gaming Zone and many more entertainment options…
• Road to recovery
  04 Oct 2021, Financialexpress.com
  Shopping malls expect footfalls to return this festive seasonAccording to Deloitte’s State of the Consumer tracker, 50% consumers in India prefer shopping online across most categoriesAccording to Deloitte’s State of the Consumer tracker, 50% consumers in India prefer shopping online across most categoriesShopping centres and malls in India had incurred losses to the tune of Rs 3,000 crore in April and May this year, when the second wave of the pandemic was raging, according to the Shopping Centres Association of India. With the vaccination drive gathering steam and restrictions being lifted in most states, shopping malls…
• Fewer shoppers, more spending, no gallivanting: Mall shopping is all business in the Covid world
  28 Sep 2021, Forbesindia.com
  After 15 months of stop-and-start, luxury retail is beginning to pick up, but while shoppers trickle in, they are spending more, especially on gadgets and high-end items, which fly off the shelves in a jiffy Customers queue outside a Louis Vuitton store at DLF Emporio in New Delhi Image: Madhu Kapparath A ashna Pareek, a 23-year-old advertising professional from Mumbai, was recently on the verge of doing the usual—browsing the Zara website and ordering clothes—when she did an about turn…
• Approaching festivals fail to end pandemic blues for Maharashtra shopping malls
  21 Sep 2021, Msn.com
  At a time when retailers across the country are enthused with the approach of the festive season, shopping malls in Maharashtra are not anticipatingmuch out of the event given the government curbs in the state. Most malls in the region are reporting footfalls in the range of 15-20 percent as compared to the pre-COVID times, and expect the festive season, too, will not bring a big turnaround if the restrictions on the entry of malls are not eased by the government…
• Shopping malls all prepare for festive customers
  17 Sep 2021, Passionateinmarketing.com
  As on account of practically the whole business, shopping malls, shopping buildings, and the retail area was seriously affected by the pandemic and the lockdowns forced across the country. As per media reports, shopping malls have seen their incomes come around as much as half in FY2021. Retail plazas and shopping malls across India saw misfortunes adding up to nearly Rs 30,000 crore ($451 million) in April and May 2021 alone, when the second rush of COVID-19 was at its top, according to media reports…
• Malls all geared up for festive shoppers, but will footfalls match expectations?
  15 Sep 2021, Adgully.com
  As in the case of almost the entire industry, malls, shopping complexes and the retail sector was severely impacted by the pandemic and the lockdowns imposed nationwide. According to media reports, malls have seen their revenues drop by as much as 50% in FY2021.Shopping centers and malls across India saw losses amounting to almost Rs 30,000 crore ($451 million) in April and May 2021 alone, when the second wave of COVID-19 was at its peak, as per media reports…
• Inorbit Malls Bags 4 Top Honours At The Images Shopping Centre Awards 2021
  14 Sep 2021, Businessnewsthisweek.com
  Inorbit Malls Pvt. Ltd., India’s leading pioneer in mall culture, has picked up four honours at the 13th edition of the IMAGES Most Admired Shopping Centre this year, including being declared the ‘Most Admired Shopping Centre’ for 2021.Categories under which Inorbit Malls was awarded are:— IMAGES Most Admired Shopping Centre: Transformative Innovation— IMAGES Most Admired Shopping Centre: Marketing & Promotions West India – Inorbit Mall, Malad— IMAGES Most Admired Shopping Centre: CSR Initiatives Inorbit Mall Hyderabad— IMAGES Most Admired Shopping…
• Safety on Priority
  07 Sep 2021, Indiaretailing.com
  With malls getting back on feet once again, across India, more than the footfalls or sales the team behind each shopping centre is more concerned about customer safety.They are observant of the ongoing norms and in preparation of the festive sales are gearing up to support the customer with best support.Catching up with the trendSalim Roopani, Centre Director, Elante Mall (Nexus Malls) mentioned that at Elante Mall they are following all the SOP’s laid down by SCAI and MHA…
• Nexus Malls leads roster of India’s most innovative, successful shopping centres at IMAGES Shopping Centre Awards 2021
  03 Sep 2021, Indiaretailing.com
  Orion Mall,Inorbit Malls, South City Mall receive multiple honours, Select CityWalk adjudged Most Admired Shopping Centre by retailers—As the grand finale of Shopping Centres Next 2021, India’s largest shopping centre intelligence event, the IMAGES Shopping Centre Awards (ISCA) 2021 powered by Bestseller India recognised excellence in the country’s retail real estate industry last night. Shopping centres from across India were acknowledged for innovation and business performance in a glittering ceremony attended by India’s leading retail and mall development companies…
• Real Estate’s Young Turks Of 2021
  01 Sep 2021, Realtyplusmag.com
  Realty+ 40 Under 40 inaugural edition this year listed the top real estate professionals for the year 2021 that are paving the path for change and innovation in the sector.As a young leader, since Uddhav established Bhumika Realty, it has attained many successes in a very short span of time. An offshoot of the Poddar Group of companies, which has diversified business interests spanning construction, warehousing, logistics, mining, textiles and manufacturing. Bhumika Realty is the real estate development arm of Bhumika Group…
• Mumbai: Business bleak, malls plead for relief on two-shot rule
  27 Aug 2021, Mid-day.com
  Tight govt regulations have meant that even after reopening, not only is the footfall low, but only 20 per cent shops have opened Growel’s 101 mall at Kandivli on August 15. Pic/Satej Shinde Malls across the city that have been allowed to reopen are struggling on many fronts. On one hand, the footfall is dismal, while on the other they do not have enough employees that meet the government’s vaccination criteria. With business now shrinking to nearly one-fifth of what it was during pre-COVID days, they have appealed to authorities to relax the two-dose rule…
• Kochi residents can get vaccinated in drive-through programme at Lulu Mall
  25 Aug 2021, Thenewsminute.com
  Lulu Mall in Kochi has organised a drive-in COVID-19 vaccination programme for those wanting to get vaccinated in the city. People can get the jab through the on-spot registration facility arranged in the mall. The three-day vaccination drive, which is being held from August 25 to August 27, is organised in association with MAJ Hospital in Edapally. A statement from Lulu Malls said that only Covishield will be administered at the drive. The mall has set up a drive-through facility via the parking lot, through which people can get vaccinated without having to step out of their vehicles…
• Effective advertising and marketing tools for the retail and real estate industry
  25 Aug 2021, Agencyreporter.com
  Advertising and marketing are inevitable parts of any business across verticals, and yet extremely dynamic and topical. They are undoubtedly amongst the best ways to communicate with your existing as well as potential customers. Assisting in creating widespread awareness along with brand building is advertising’s primary role, while marketing tools are necessary for creating the preliminary grounds for any new product or service launched in the market. Backed by intense research and strategic planning, these activities are maneuvered tactically with distinct goals…
• Bihar relaxes COVID-19 restrictions; malls, parks, religious spots allowed to reopen
  25 Aug 2021, Indiatvnews.com
  In a tweet, Bihar Chief Minister Nitish Kumar on Wednesday said the coronavirus situation in the state has been reviewed.Bihar relaxes COVID-19 restrictionsIn the wake of a decline in the number of daily COVID-19 cases, Bihar government has done away with restrictions imposed during the pandemic. In a tweet, Bihar Chief Minister Nitish Kumar on Wednesday said the coronavirus situation in the state has been reviewed. According to the chief minister’s tweet, all shops, shopping malls, organisations, parks and religious places will now be allowed to reopen and function normally…
• More Group forays into retail sector with investment of Rs. 150 crore
  25 Aug 2021, Indiablooms.com
  Kolkata/IBNS: Kolkata-based Group has ventured into the retail sector with an initial investment of Rs. 150 crore. More Group has forayed into the retail business for apparels with the launch of SNV Shoppee, an organised value retail chain of stores. SNV Shoppee, functioning under newly-formed company Sanvie Pvt. Ltd, will be coming up with 75 shopping outlets across various states of the country. At present, there are 21 stores in West Bengal,17 in Uttar Pradesh, 14 in Odisha, five in Assam and 15 more in various parts of the country…
• Heroes Without Capes: Watch As Select Citywalk Honors These Courageous Champions
  24 Aug 2021, Lbb.in
  Well, it’s true! Not all heroes wear capes. But what they all do have in common is their kindness, pure compassion and love for people in general. A few such heroes came to our rescue during an unprecedented crisis and truly went above and beyond in their attempt to help the community. From arranging food supplies to distributing ration kits, ensuring sanitization for all to also giving equal importance to everyone’s mental health, they became the #RealLifeHeroes the world needed…
• “There’s nothing they can do to save themselves”: Shopping malls in India are in a tight spot
  24 Aug 2021, Qz.com
  By The second wave of Covid-19 has pushed India’s shopping malls into an abyss of financial hardships that will be hard for many such businesses to recover from. Shopping malls across India have remained shut or operated partially for most of the last 18 months. Now, even though they are permitted to reopen in some states, shoppers are not very keen on visiting these establishments as they prefer open-air areas to ensure Covid safety…
• As Covid cases dip in Chandigarh, sales pick up this Rakshabandhan
  24 Aug 2021, Msn.com
  With Covid cases going down, the festival of Rakhshabandhan that remained a lacklustre affair in 2020, is showing signs of improvement this year with shopkeepers reporting nearly 50% jump in sales across city markets. Speaking about this, proprietor of Dewsun in Sector 11, Diwakar Sahoonja, said, “The situation has greatly improved this time, but it is still not along the lines of previous years. Rather than shop for sweets, people are opting for healthy items like juices with no added sugar.” …
• Kolkata rushes to shop for Puja before third wave hits
  24 Aug 2021, Timesofindia.indiatimes.com
  It was a hectic Saturday for Mousumi Sen and her family. It was almost as if they were racing against time to wrap up Puja shopping in a day so that they wouldn’t have to venture out again, what with a probability of a third wave hanging overhead like the sword of Damocles. They visited two malls, Esplanade and Gariahat since the morning and even ate out. “We left home before 9 am to reach a mall by 10 am…
• First of its Kind Paws & Collars Launches Pet Mall in Namma Bengaluru
  23 Aug 2021, thisweekindia.news
  Paws & Collars opened its first-ever pet mall in India – in HSR layout Offers premium services for pets and pet enthusiasts like pet grooming Bengaluru, August 23,2021 : Paws n Collars leader in pet health and nutrition, announced the launch of its first-of-its-kind on dedicated pet mall in India – in HSR layout. Paws n Collars offers premium services for pets and pet enthusiasts like pet grooming veterinary care, cafe and retail, all integrated facilities under one roof with top drawer food, treats, toys, grooming and wellness care. A promising extraordinary experience like never before in India…
• COVID-19: Haryana govt extends restrictions till September 6
  21 Aug 2021, M.dailyhunt.in
  Haryana government on Sunday announced that it has extended COVID-induced restrictions till September 6 under ‘Surakshit Haryana’ campaign. According to the guidelines, restaurants, bars, gyms, spas shall now be allowed to open with 50% seating capacity. Besides, all shops and malls are allowed to open with social distancing norms. On August 9, the Haryana government had extended its guidelines till August 23, however the guidelines have been yet again pushed till September 6 now…
• Pune: Govt guidelines on vaccinated staff, visitors hamper business as city malls see low footfall
  21 Aug 2021, Indianexpress.com
  After being closed for more than four months, malls in the state were allowed to open but only if they followed strict norms, such as presence of vaccinated staff and only allowing entry of vaccinated visitors.Weeks after they were finally allowed to reopen for business, malls in Pune have reported just a fraction of their normal business. Maharashtra government’s norms allowing only fully vaccinated individuals to enter malls has kept many regular shoppers away. Retail associations have now pinned their hopes on the pace of vaccination picking up in September, and their business gradually returning to normal…
• Delhi lifts timing curbs on markets, malls, shops; can follow normal time from Monday
  21 Aug 2021, Theweek.in
  National capital logged in zero COVID death for the 2nd consecutive day on SaturdayWith Delhi recording the lowest ever number of COVID cases since April last year, the government has decided to ease the timing curbs that were in place to contain the infection. “In wake of decreasing cases, this restriction (on shop timings) will be removed starting Monday. Now the markets can open as per their normal time,” Chief Minister Arvind Kejriwal announced on Saturday.This has come as a huge relief for traders and businesses that have been reeling under the pandemic-induced lockdowns and restrictions…
• Traders’ body asks DDMA to allow malls markets to operate till 10 pm
  21 Aug 2021, Theweek.in
  New Delhi, Aug 21 (PTI) The Chamber of Trade and Industry (CTI) on Saturday demanded that the closing time of malls and markets in the national capital should be extended from the present 8 pm to 10 pm.In its letter to the Delhi Disaster Management Authority (DDMA), the CTI said the permission to operate shops till 8 pm is proving to be insufficient for most of the retail markets, especially during the festive season…
• TMC makes double Covid-19 vaccination compulsory for staff working at malls
  21 Aug 2021, Timesofindia.indiatimes.com
  THANE: The Thane Municipal Corporation TMC ), mid-week, issued a notification in line with the state guidelines, mandating double vaccination for all staff working at malls. Popular malls in Thane said they are likely to be impacted but nonetheless they will be operating with limited fully vaccinated staff. Nonetheless, mall management admitted the restrictions are also likely to impact footfalls…
• Select CITYWALK pays tribute to the COVID warriors
  21 Aug 2021, Indiaretailing.com
  Select CITYWALK offers a poignant tribute to the heroes who stepped up to help those most in need in the grip of the second wave of the COVID-19 pandemic this year.Featuring real people who brought smiles, hope and relief to countless suffering citizens during the dreaded second wave, this campaign reminds us that we all have the potential to make a difference. Titled “TheCitySalutesYou”, the campaign features six individuals who went above the line of duty to deliver support and relief to many…
• Phoenix marketcity and Palladium kickstarted their madras day celebration

  21 Aug 2021, B4umedia.in
  Phoenix market city and Palladium kick started their madras day celebration phoenix market city and palladium kick started their madras day celebration with a spectacular photo display! Chennai, 20 August, 2021: Celebrating Madras Day, Phoenix Market city and Palladium Chennai in association with Madras photo bloggers founded by Srivatsan Sankaran organized the Madras Day celebrations on the 19th of August (Thursday) by lighting the lamp.The ceremony was inaugurated by notable personalities from different walks of life. The event is followed by a photo-exhibition, photography workshop and disability awareness workshop to help the visitors of the mall in making a difference in their lives…

• Recovery on track for malls as second wave subsides: Crisil
  20 Aug 2021, Theprint.in
  Malls have been recovering faster after the second wave compared with the first wave supported by a rapid easing of restrictions and pent-up demand, Crisil Ratings said on Thursday. With retail sales in malls rebounding strongly post reopening, pressure on rentals for mall owners is likely to be lower this fiscal, necessitating lesser waivers compared with last fiscal, it said. Rental revenue for mall owners is seen clawing back to 80 to 85 per cent of pre-pandemic levels this fiscal compared with 55 to 60 per cent last fiscal…
• Malls’ Recovery In Key Cities, Except Mumbai, Pune: CRISIL
  20 Aug 2021, Realtynxt.com
  Rental revenue for mall owners is seen clawing back to 80-85% of pre-pandemic levels this fiscal, compared with 55-60% last fiscal. Also, while their liquidity may erode this fiscal as well, strong sponsor support and fund-raising initiatives will support credit profiles, an analysis of India’s top 14 malls1 rated by CRISIL Ratings shows.Malls have been recovering faster after the second wave compared with the first wave supported by a rapid easing of restrictions and pent-up demand, Crisil Ratings said on Thursday…
• Recovery on track for malls as second wave subsides: Crisil
  20 Aug 2021, Livemint.com
  With retail sales in malls rebounding strongly post reopening, pressure on rentals for mall owners is likely to be lower this fiscal, necessitating lesser waivers, compared with last fiscal Mumbai: Malls are seeing faster recovery after the second wave compared with the first wave following a rapid easing of restrictions and pent-up demand, according to a report by Crisil Ratings. With retail sales in malls rebounding strongly post reopening, pressure on rentals for mall owners is likely to be lower this fiscal, necessitating lesser waivers, than last fiscal…
• Recovery on track for malls as second wave subsides: Crisil-Business Journal
  20 Aug 2021, Business-journal.in
  Mumbai: Malls are seeing faster recovery after the second wave compared with the first wave following a rapid easing of restrictions and pent-up demand, according to a report by Crisil Ratings. With retail sales in malls rebounding strongly post reopening, pressure on rentals for mall owners is likely to be lower this fiscal, necessitating lesser waivers, than last fiscal. Rental revenue for mall owners is seen clawing back to 80-85% of pre-pandemic levels this financial year, compared with 55-60% last fiscal…
• Pacific Mall delights shoppers with ‘Museum of Illusions’
  19 Aug 2021, Pninews.com
  New Delhi: Pacific Mall Tagore Garden has brought for its shoppers a unique experience centre in association with ‘Museum of Illusions’, Delhi. The setup is placed in the centre of mall for shoppers to engage. Pacific Mall being the favourite retail and entertainment destination of Delhi keeps experimenting and presenting to its customers lucrative discounts, offers and shopping experiences. The setup is assisted by 2 staff from the museum of illusions that will be assisting the visitors with the various illusions…
• Indian retail sales touch 72% of pre-pandemic levels: RAI
  19 Aug 2021, Fibre2fashion.com
  Indian retail sales continued to recover in July, reaching 72 per cent of the pre-pandemic levels of July 2019, and businesses are pinning hopes on the festive seasons for a further boost, according to the Retailers Association of India (RAI), which recently said the rate of recovery was 50 per cent of pre-pandemic levels in June this year.In its latest business survey, RAI members in south India have indicated a very sharp comeback in July with sales at 82 per cent of the pre-pandemic levels (July 2019) as against 50 per cent sales in June 2021…
• Brands pin hopes on Onam sales to tide over COVID gloom
  19 Aug 2021, Indiantelevision.com
  Mumbai: Kerala’s biggest festival of the year- Onam is finally here, flagging off the start of the festive season for the rest of the country. After some lacklustre years marred by natural calamities and floods, and followed by the pandemic in 2020, there is a lot of hope riding on the ten-day harvest festival this year. For businesses and brands across the state, Onam is poised to mark the revival of the shopping season…
• Orion Malls sign up more than 2 lakh sq. ft. of space for new brands
  19 Aug 2021, Indiaretailing.com
  Orion Malls by Brigade is all set to enhance the shopping experience for its patrons with several prominent brands including, America’s very ownApplebee’s, Simpli Namdhari’s, Mango, Geist Beer, Kushals, Pantaloons, Max Fashion, Van Heusen, Allen Solly, Guess, Peter England, Deccan Biriyani, Kamat, Go Pizza, Home Centre, Pure Home and All Market are under various stages of fit-out at Orion Malls properties across Bangalore…
• Marketers see an extended shopping season this year, which will go beyond Onam
  19 Aug 2021, Adgully.com
  After a devastating second wave of COVID-19 infections across India in the first half of 2021, the country is on the path towards recovery. The vaccination drive has led to positive consumer sentiments and the reopening of markets and malls are seeing people returning in droves.Onam is an occasion that every Keralite, anywhere in the world, celebrates…
• Businesses eye festive season boost as retail sales touch 72% of pre-pandemic levels: RAI
  17 Aug 2021, Brandequity.economictimes.indiatimes.com
  In its latest business survey, RAI retail businesses in south India have indicated a very sharp comeback in July 2021 with sales at 82 per cent of the pre-pandemic levels (July 2019), as against 50 per cent sales in June 2021… August 17, 2021, 17:30 IST Retail sales across the country continued to recover in July, reaching 72 per cent of the pre-pandemic levels of July 2019, and businesses are pinning hopes on the festive seasons for a further boost, Retailers Association of India RAI ) said on Tuesday…
• Maharashtra malls shut again as government mandates ‘full-vaccination for all’for reopening
  17 Aug 2021, Moneycontrol.com
  Earlier, the government had indicated that shopping malls that have vaccinated employees with at least a single dose will be allowed to resume operations.The hopes of shopping malls based in Maharashtra have been dashed yet again as the government rolled out a new notification late on Monday which now makes it mandatory for everyone – housekeeping staff, shopkeepers, salespeople and even customers – to be fully vaccinated, for the reopening…
• COVID-19: Maha govt allows under-18 people to visit malls with age proof
  17 Aug 2021, Devdiscourse.com
  The Maharashtra government on Monday decided to allow those below 18 years of age who are not vaccinated against COVID-19 to visit shopping malls upon displaying the valid age proof. The state government has already allowed people who are fully vaccinated to visit shopping malls which can remain open till 10 pm on all days…
• Allow staffers with one vaccine dose to work: Retailers to BMC
  17 Aug 2021, Msn.com
  On Monday, the state issued revised guidelines, clarifying that people below 18 years old can be allowed to visit malls by showing identification cards. However, the state did not extend relief to staffers as Municipal Commissioner I S Chahal had written to the government to allow staff to work who had taken at least one dose of vaccine. Citing shortage of vaccines and days of gap between two doses, retailers had demanded modification in the guidelines…
• Allow staffers with one vaccine dose to work: Retailers to BMC
  16 Aug 2021, Mid-day.com
  The large and popular malls of the city have opened their doors for the shoppers from August 15th while adhering to the necessary precautions…
• Maharashtra: Malls see few footfalls owing to full Covid vaccination rule
  16 Aug 2021, Timesofindia.indiatimes.com
  Bella Jaisinghani / TNN / Aug 15, 2021, 22:54 IST Facebook Twitter Linkedin EMail MUMBAI: After approximately four months of pandemic-driven lockdown, malls statewide reopened for business. However, few visitors were visible despite the Independence Day holiday, as the state government rules allow entry only for fully vaccinated visitors. Mall managers have sought a relaxation in norms to permit single dose guests to enter. A spokesperson for the Shopping Centres Association of India (SCAI) said, “We thank the Maharashtra government for allowing malls to restart…
• Day 1: Mumbai malls reopen to poor response
  16 Aug 2021, M.dailyhunt.in
  While restaurants and malls reopened to extended timings till 10pm from Sunday, the condition that staff and visitors have to be fully vaccinated led to poor response on Day One. Malls have reopened for the first time after a gap of four months post the lockdown announced on April 4. Mall owners said as a majority of their visitors are in the 18-45 age group, very few are fully vaccinated, leading to low footfall. They said the turnout was only 10-15% compared to pre-Covid times…
• KORUM MALL Celebrates 75th Independence day
  15 Aug 2021, Hindustantimes.com
  Malls have reopened for the first time after a gap of four months post the lockdown announced on April 4. Mall owners said as a majority of their visitors are in the 18-45 age group, very few are fully vaccinated, leading to low footfall. They said the turnout was only 10-15% compared to pre-Covid times. Restaurants and bars, too, saw poor turnout as Sunday was a dry day on account of Independence Day…
• KORUM MALL Celebrates 75th Independence day
  15 Aug 2021, Konexionetwork.com
  KORUM MALL Celebrates 75th Independence day by Our Corresspondent Aug 15, 2021 KORUM MALL celebrates 75th Independence Day. (extreme left) Mr. Deva Jyotula, Head KORUM MALL and International Badminton Player Mr. Amey Joshi Hoist the Flag. Mr. Amey Joshi is a Coach and Captain at the Western Railways Men’s Team and has represented India in under – 19 level…
• In photos: Mumbai malls gear up to reopen after four months
  15 Aug 2021, Timesofindia.indiatimes.com
  Malls in Mumbai are all set to throw open their doors once again for Mumbaikars after a hiatus of over four months. TOI photo: Sanjay Hadkar The Maharashtra government has permitted malls to reopen from August 15 for fully vaccinated citizens. TOI photo: Sanjay Hadkar Everyone over the age of 18 years will be required to have two doses of a Covid-19 vaccine and a gap of 14 days after that for entering malls. TOI photo: Sanjay Hadkar Also those below 18 years of age who are not vaccinated will be allowed to enter malls from Sunday…
• Mall rules eased: Under-18 can visit, one shot enough for staff
  14 Aug 2021, Timesofindia.indiatimes.com
  Mumbai: Those below 18 years of age who are not vaccinated against the Covid-19 virus will be allowed to enter malls in Mumbai from Sunday.However all adults will be required to have two doses of the vaccine and a gap of 14 days after that for entering malls. However the staff of malls can enter malls even if they have just one dose of their Covid-19 vaccination…
• Maharashtra: Adults can enter malls in city 14 days after their second dose
  14 Aug 2021, Timesofindia.indiatimes.com
  The Maharashtra government on Friday provided clarity on the entry of minors in the city’s malls, saying those aged below 18 years would be allowed inside the malls. The MVA government had on Wednesday taken the decision to allow malls in Mumbai to restart with 50% capacity from August 15 for people who are fully vaccinated against Covid-19. State health minister Rajesh Tope said that people could visit malls 14 days after they had taken their second dose. Timings of shops and restaurants, too, have been extended to 10 pm…
• This Independence Day Weekend, Ambience Mall Is Offering Flat 50% Off On Over 350 Brands!
  14 Aug 2021, Whatshot.in
  To the point: It’s time for a much-needed retail therapy this Independence Day! It’s that exciting time of the year when several festivals are around the corner, and they always bring with them some exciting sales. The first sale that we must mark on our calendars happens to be this Independence Day weekend , in celebration of which the plush and bustling Ambience Mall (both the Vasant Kunj and Gurgaon locations) has decided to match our joyous mood by raining discounts upon us! Scroll on to find out what we are talking about!…
• Malls across India witness sharp rebound in sales
  13 Aug 2021, Money9.com
  Retailers and brands said that the current recovery is impressive, despite the fact that malls in cities operate under various restrictions With the festive season right around the corner, malls across the country have reported a sharp rebound in June-July this year, with sales touching 70-80% of pre-pandemic levels as compared to the same period last year, The Economic Times reported on Friday. Recovery for malls during the corresponding period was less than 40% of pre-pandemic levels…
• Malls across India report sharp rebound, sales at 70-80% of pre-Covid levels
  12 Aug 2021, Economictimes.indiatimes.com
  Retailers and brands said the current recovery is impressive considering malls in various cities operate with various restrictions. Prominent malls from Chandigarh to Delhi NCR to Bengaluru have reported a sharper rebound in June-July this year compared to the same months last year with sales reaching 70-80% of pre-pandemic levels…
• Malls, restaurants, shops in Maharashtra to remain open till 10 p.m
  12 Aug 2021, Moneylife.in
  Spelling cheers, the Maharashtra government on Wednesday permitted malls, restaurants, bars, hotels, gymnasiums, saloons, beauty parlours and all shops in the state to remain open till 10 p.m.The significant decision came after a meeting, presided over by Chief Minister Uddhav Thackeray, accepted the recommendations of the Maharashtra Covid-19 Task Force to further boost the economy reeling under the series of pandemic lockdowns…
• Asking mall employees to be fully vaccinated within 14 days of opening ‘impractical’: RAI
  12 Aug 2021, Freepressjournal.in
  The Maharashtra government on Wednesday decided to allow shopping malls and restaurants to remain open till 10 pm with a 50 per cent capacity fromAugust 15 onwards, provided the entire staff is fully vaccinated against COVID-19. Kumar Rajagopalan, CEO, Retailers Association of India, welcomed the move and said it will help people to get back to their jobs and save livelihoods…
• In Maharashtra, Fully Vaccinated People Can Enter Malls From Sunday
  11 Aug 2021, Ndtv.com
  Only those who have received both doses of Covid vaccines will be allowed to enter malls in Mumbai and other cities of Maharashtra, the state government has decided. Speaking to the media after a cabinet meeting today, state Health Minister Rajesh Tope said the government will further relax the Covid restrictions from August 15. “People with double doses can board local trains. The state government has given instructions to issue monthly and quarterly passes to people,” he said…
• Rahul Khona joins Nexus Malls from McDonald’s
  11 Aug 2021, Cio.economictimes.indiatimes.com
  Khona joins Nexus Malls from McDonald’s India (Hardcastle Restaurants Limited) where he served as Head IT.Rahul Khona has joined Nexus Malls, as the Head of Information Technology. Nexus Malls is a real estate company with 16 malls and around 10 million square feet of retail space in India. He will be based out of Mumbai.At Nexus Malls, Khona will be responsible for forming the IT strategy and drive innovation and growth within the organization. He will also be responsible for implementing new age technologies to provide convenience and uplift customer experience across the value chain…
• Malls may reopen, longer hours likely for restaurants in Mumbai
  11 Aug 2021, Hospitality.economictimes.indiatimes.com
  Restaurants in Mumbai may be allowed to operate for extended hours soon, possibly till 8pm or 10pm. Shopping malls too are likely to see a decision in favour of reopening in coming weeks, though food courts may remain shut for a while. Restaurants in Mumbai may be allowed to operate for extended hours soon, possibly till 8pm or 10pm. Shopping malls too are likely to see a decision in favour of reopening in coming weeks, though food courts may remain shut for a while…
• Malls await young crowd for revival of business
  11 Aug 2021, Timesofindia.indiatimes.com
  Pune: Mall authorities fear that business will take time to pick up if the youngsters, who account for a large chunk of the target clientele forgaming arcades, bowling alleys, cafes, bars, food courts, fun zones and clothing and beauty outlets, are not allowed entry for being partly vaccinated. Many young adults have not been able to get their second dose of the vaccine yet. The beneficiaries in the 18-44 age group were included in the vaccination programme in June, but there was a delay in the drive due to shortage of doses…
• Maharashtra Covid task force gives nod to reopen malls, eateries
  11 Aug 2021, Hindustantimes.com
  Ministers and senior officials said the chief minister could take a decision on further relaxation of curbs after Independence Day. The Maharashtra Covid task force, in its discussion with chief minister Uddhav Thackeray, has given its go-ahead to reopen malls and extend the timings for eateries and restaurants. The task force is preparing a standard operating procedure (SOP) for the state to allow reopening of malls and extend timings of eateries and restaurants beyond the current deadline of 4pm. However, the final call will be taken by the CM…
• Unvaccinated Indians Banned From Entering Shopping Malls In This City!
  10 Aug 2021, Trak.in
  Only fully vaccinated people are welcome at Malls in PuneMaharashtra Deputy Chief Minister recently announced that shops in Pune and the neighboring township of Pimpri Chinchwad are allowed to remain open till 8 pm and restaurants are allowed to operate with 50 percent capacity till 10 pm. He also notified that malls in both the cities are allowed to remain open till 8 pm but only those who are fully vaccinated will be allowed to enter into them.Restaurant owners, traders, and mall workers associations have been demanding that the timings of their establishments be extended…
• Coronavirus News LIVE Updates: Shops, Malls to Reopen in Kerala from Today as 11 Districts in State See Rising Trend in Covid-19 Infections
  10 Aug 2021, In.news.yahoo.com
  Coronavirus News LIVE Updates: The Union Health Ministry said 44 districts in India are reporting more than 10 percent weekly positivity rate andKerala is the only state which has more than 1 lakh active Covid-19 cases. It also noted that a total of 37 districts from nine states such as Kerala, Tamil Nadu, Himachal Pradesh, Karnataka, Andhra Pradesh, Maharashtra, West Bengal, Meghalaya and Mizoram are a matter of “concern” as they are showing rising trend in daily coronavirus cases over last two weeks…
• Will Temples, Malls, Cinema Halls Open Next? Maha Govt on Possibility of Easing More Curbs
  10 Aug 2021, Msn.com
  The Maharashtra COVID-19 task force has discussed the possibility of granting more relaxations in restrictions while observing precautions, and alsodeliberated on tackling the possible third wave of the pandemic, requirement of medical oxygen and increasing the pace of vaccination, an official said. A meeting of the task force, held on Monday evening, was attended by Chief Minister Uddhav Thackeray, state Chief Secretary Sitaram Kunte, COVID-19 task force head Dr Sanjay Oak and other members. The state government is now preparing new guidelines after receiving various suggestions and instructions from doctors, experts and government departments…
• Delay in opening up malls & multiplexes in Maharashtra may spell doom for business & employees: RAI
  09 Aug 2021, Knnindia.co.in
  New Delhi, Aug 9 (KNN) Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow reopening of malls and multiplexes immediately, citing that any further delay in doing so would spell doom for businesses and employees associated with malls. “The (Maharashtra) state government’s attempts to return the state to normalcy in stages is appreciable. However, we hope they restart malls and multiplexes immediately as any further delay in doing so will spell doom for businesses and employees associated with malls,” RAI CEO Kumar Rajagopalan said in a statement…
• RAI urges Maharashtra govt to allow reopening of malls multiplexes

  09 Aug 2021, Theweek.in
  Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”.The retailers’ body said the capacity of malls and retail businesses in the state to bear any further losses is over as they continue to incur expenditures such as electricity charges, property tax, other taxes and license fees during the closure period while revenues have remained zero…

• Pune’s COVID Restrictions Relaxed: Malls, Shops Open Till 8 PM, Restaurants Till 10 PM
  09 Aug 2021, Republicworld.com
  As Mumbai opens up, Pune too has eased its restrictions amid protests by locals and BJP. The guidelines released on Sunday, allowed all shops open till 8 PM As Mumbai opens up, Pune too has eased its restrictions amid protests by locals and BJP. The guidelines released on Sunday, allowed all shops (essential and otherwise) to be open for all seven days till 8 PM. Moreover, malls too were allowed to function till 8 PM, but entry was limited only to fully vaccinated people. Maharashtra has 74,482 active COVID cases, 61,39,493 recovered cases and 1,33,845 fatalities…
• Retailers’ body RAI urges Maharashtra govt to allow reopening of malls, multiplexes
  09 Aug 2021, Freepressjournal.in
  Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow the reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”…
• RAI urges Maharashtra govt to allow reopening of malls, multiplexes
  09 Aug 2021, Theweek.in
  Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow the reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”…
• RAI urges Maharashtra govt to allow reopening of malls, multiplexes
  09 Aug 2021, Outlookindia.com
  Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow the reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”…
• RAI urges Maharashtra govt to allow reopening of malls, multiplexes
  09 Aug 2021, Businessworld.in
  Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow the reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”…
• Mumbai: ‘Malls and retail establishments lost business worth Rs. 15, 000 crore, around 1.5 lakh direct jobs at stake’
  06 Aug 2021, Timesofindia.indiatimes.com
  Mall and retail establishments inside them have expressed serious disappointment over not allowing them to operate despite the best protocol in place. There was a reason to smile for those associated with most retail establishments in Maharashtra except those located in malls and shopping centres as the state though issued orders to resume retail activity but continued to keep malls shut, disappointing lakhs of people working in malls who were eagerly waiting for their livelihoods to resume. Malls in the state generate a business of Rs. 40,000 crores and contribute Rs. 4,000 crores in GST, per month. The prolonged closures are impacting more than 2 lakh people employed in about 50 malls in the state. They are also impacting all the businesses associated with malls—on average, a mall has 200 retail stores operating in it and over 5,000 business entities associated with it as suppliers and vendors…
• Bihar unlock: Nitish govt eases COVID-19 restrictions; schools, shops and cinema halls to open from August 7
  05 Aug 2021, Timesnownews.com
  The Bihar government announced further relaxations in COVID-19 curbs on Wednesday by allowing the reopening of schools, shops and shopping malls.New Delhi: Bihar Chief Minister Nitish Kumar announced the reopening of schools, shops and shopping malls in Bihar.Making the announcement, he said that schools for the classes 1st to 8th will open from August 15 and classes 9th to 10th will function with 50 per cent of their strength on alternate days from August 7…
• PVR Expands Its Luxury Formats With The Launch Of First Director’s Cut In Haryana
  05 Aug 2021, Businessworld.in
  A true representation of an unmatched luxury cinematic experience, the property is designed in contemporary hues to complement today’s millennial audience and offer a hygienic, safe and secure movie-viewing experience. PVR Ltd, the leaders in Indian film exhibition industry, through its luxury arm The Luxury Collection, announced the launch of its First Director’s Cut in Haryana at Ambience Mall, Gurugram today…
• Delay in reopening malls a big blow to businesses, employment: RAI
  05 Aug 2021, Livemint.com
  Malls and shopping centres are important centres of economy activity. Malls in the state generate business worth Rs40,000 crore and contribute Rs4,000 crore to GST, per month. MUMBAI: Malls in Maharashtra have remained shut even as the state government has relaxed lockdown curbs for 25 districts, including Mumbai, allowing shops and establishments to operate till late in the evening. “All other states in the country except Maharashtra have allowed malls to open along with other formats of retail…
• Mumbai civic body MCGM clarifies malls to remain shut
  05 Aug 2021, Economictimes.indiatimes.com
  On Monday, the government of Maharashtra had allowed malls and shopping centers operating in key cities including Mumbai to start their operations with certain restrictions.However, it had also stated that the civic bodies and disaster management authorities in these Navi Mumbai and Thane districts will issue final guidelines for the same. The Municipal Corporation of Greater Mumbai MCGM ) has issued a clarification stating the malls in the country’s commercial capital will remain shut until further directives…
• Bihar Unlock: Shops, schools, shopping malls, cinemas to open. Check full list
  05 Aug 2021, Indiatvnews.com
  The Bihar government on Wednesday decided to open shops, schools, shopping malls, cinemas and other establishments, in view of the improving Covid situation in the state. The Bihar government on Wednesday decided to open shops, schools, shopping malls, cinemas and other establishments, in view of the improving Covid situation in the state…
• Core Mall Ghaziabad set to emerge as epicenter of modern retail activities
  04 Aug 2021, Content.magicbricks.com
  New Delhi, Delhi, India: Personifying luxury and elegance, Core Mall Ghaziabad located right opposite Crossing Republik, is coming up as one stopshopping and entertainment destination for the upwardly mobile population that expects the best-in-class shopping experience for themselves. Launched by Concept Capital, one of the most powerful brands in the real estate sector, Core Mall is set to become a cynosure of modern retail activities with its unique offerings and the never seen before glass architecture…
• Nagpur eases Covid curbs, shops allowed to open till 8pm on weekdays
  03 Aug 2021, Indiatvnews.com
  Places of worship, coaching classes, swimming pools, cinema theatres and multiplexes will continue to remain closed.Nagpur eases Covid curbs. Check detailsThe Nagpur Municipal Corporation on Tuesday eased Covid-induced curbs in the city allowing shops and establishments, including malls, to operate till 8 pm on weekdays, from the earlier deadline of 4pm, and till 3pm on Saturday and Sunday, an official said.The order issued by civic chief Radhakrishnan B, however, stated that places of worship, coaching classes, swimming pools, cinema theatres and multiplexes will remain closed, and social, cultural, political gatherings and marriages will be allowed with the attendance being limited…
• Once again, Pune left out of easing of pandemic curbs
  03 Aug 2021, Punemirror.indiatimes.com
  Despite a few relaxations, all places of worship, cinemas, multiplexes, including those inside malls, will remain shut till further orders (FILE PHOTO)Dist is among 14 continuing with level-3 restrictions.Partially easing lockdown restrictions, the Maharashtra government has permitted a few additional activities in 22 districts, but the remaining 14 continue under Level-3 curbs as before.The 14 districts include Pune, Kolhapur, Sangli, Satara, Ahmednagar, Solapur, Beed, Raigad, Ratnagiri, Sindhudurg, Palghar, Thane, Mumbai and Mumbai Suburban district.In the remaining 22 districts, the new orders have permitted government and private offices to function at full capacity but with staggered work hours to avoid crowds…
• Maharashtra eases lockdown curbs, shops to remain open till 8 pm on weekdays
  03 Aug 2021, Newsonair.com
  The Maharashtra Government in its latest order has said that shops will be permitted to remain open till 8 pm on weekdays instead of 4 pm in the districts where Covid infections have reduced.The state government said that restrictions will continue in those districts where the infection is still on the rise. On opening the Mumbai local trains for all segments of society, the Chief Minister said that would be difficult in the first phase as the easing of curbs was being done slowly…
• Lack of railway travel is leading to job losses
  03 Aug 2021, Mid-day.com
  Railway commuters postponed a mega protest slated for Tuesday to August 15 but handed over a petition to Central Railway officials to resume trains for all. Amidst the continued restrictions, passengers have argued that due to the battle between the state and Centre, the common man is losing jobs…
• COVID-19 More relaxations for shops in 25 Maha districts malls allowed to operate
  02 Aug 2021, Theweek.in
  Mumbai, Aug 2 (PTI) The Maharashtra government on Monday announced further relaxations of coronavirus curbs in 25 districts showing low positivity rate of the infection, extending the existing business timings of shops and allowing shopping malls to operate in these districts.Also, all government as well as private offices can operate with full capacity, it said.The relaxations will come into effect from Tuesday morning, said a government order.The state government has not taken any decision on allowing common people to travel by suburban trains in Mumbai…
• Weekend footfall fuels turnaround hopes at malls
  02 Aug 2021, Timesofindia.indiatimes.com
  Kolkata: During the weekend, malls in the city witnessed the highest footfall and sales so far since reopening in mid-June. Some of the malls have even witnessed footfall and sales of pre-pandemic level. According to Sushil Mohta, the eastern region chairman of Shopping Centres Association of India (SCAI), footfall and sales soared this weekend largely due to the end-of-season sale and Friendship Day. “This Sunday was the best since the restrictions were lifted at most of the malls,” he said…
• Core Mall Ghaziabad Set to Emerge as Epicenter of Modern Retail Activities
  02 Aug 2021, Bizwireexpress.com
  NewsVoirPersonifying luxury and elegance, Core Mall Ghaziabad located right opposite Crossing Republik, is coming up as one stop shopping and entertainment destination for the upwardly mobile population that expects the best-in-class shopping experience for themselves. Launched by Concept Capital, one of the most powerful brands in the real estate sector, Core Mall is set to become a cynosure of modern retail activities with its unique offerings and the never seen before glass architecture…
• Telangana mulls allowing only vaccinated people into restaurants, malls
  01 Aug 2021, Thenewsminute.com
  Urging the people of Telangana to get the COVID-19 vaccine, Telangana Director of Public Health G Srinivasa Rao suggested that the state might introduce a vaccine pass, restricting entry to public places like malls, movie theatres and restaurants to only people who were vaccinated. “In the coming days, in order to protect ourselves and our children, there could be an informal mandate for people working in and visiting malls and other commercial establishments like restaurants and cinema theatres, that only if you get the vaccine, you will be allowed,” Srinivasa Rao said…
• Multiplexes face a long road to recovery with paucity of new releases
  01 Aug 2021, Business-standard.com
  Multiplex and single-screen theatre operators’ long wait to welcome movie buffs is finally over.With key markets such as the national capital region (NCR), Maharashtra, Telangana, and Andhra Pradesh allowing shows on big screens, the operators may now expect the box offices to roll again. But their recovery to normalcy is still a distant dream.In the past week, authorities at some of the largest markets in the country showed the green signal to theatre operators to lift the shutters after four months of inactivity since April…
• Mumbai malls leverage social media to create marketing moments that matter during the pandemic
  31 July 2021, Timesofindia.indiatimes.com
  According to latest developments with regard to Covid-19 cases in Mumbai, the state government has approved easing of curbs.However, with malls being shut all this while, the mall authorities had been working on different ways to engage consumers. The power of social media platforms to provide personalized information changed the dynamics and helped malls to enhance their relationship with the consumers and to become an integral part of their customer’s life…
• Second wave to fray apparel retail growth, profitability: Crisil
  31 July 2021, Devdiscourse.com
  Temporary store closures, restricted mobility and curtailed discretionary spending due to second wave of Covid-19 infections are set to pull down revenue growth of organised apparel retail sector to 15 to 20 per cent this fiscal, according to Crisil Research. Temporary store closures, restricted mobility and curtailed discretionary spending due to second wave of Covid-19 infections are set to pull down revenue growth of organised apparel retail sector to 15 to 20 per cent this fiscal, according to Crisil Research. Earlier, it had expected a fall of 30 to 35 per cent…
• Vax boost in Kolkata: AMRI Hospitals starts Walk-in Vaccination at Acropolis Mall
  30 July 2021, Mid-day.com
  After hosting multiple vaccination drives, AMRI Hospitals has set-up its ‘Walk-in’ vaccination facility at Acropolis Mall, from 16th June, in a bid to boost inoculation program. AMRI Hospitals Earlier, South City Walk and Acropolis Mall both joined hands with the AMRI Hospitals for its Drive-by Vaccination Camps, providing parking spaces at these premises for the programme. Now, Acropolis Mall has also opened its doors for a Walk-in vaccination camp that takes place everyday from 12-6 pm at the fourth floor of the mall…
• It’s showtime again! Theatres lift curtains after a long interval
  30 July 2021, Timesnownews.com
  PVR will open its theatres in a staggered manner starting with 250-300 screens in phase one. A bulk of its theatres will be operational by the third week of August.Mumbai: Multiplexes and movie buffs are a happy lot as several states have eased Covid-19 curbs, allowing theatres to function. Cinemas will be allowed to operate at 50% capacity in most states, except for some southern states including Kerala, which is once again witnessing a spike in cases…
• Malls, theatres in Mumbai to open, longer hours for shops, eateries
  30 July 2021, Timesofindia.indiatimes.com
  MUMBAI: With Covid cases in Maharashtra plateauing for over a month now, the state government on Thursday approved easing of curbs in 25 of 36 districts, including reopening malls and multiplexes, extending hours for restaurants and shops, and permitting dining out on weekends. The government will also relax the limit for gatherings at social and cultural events, but all restrictions will continue to apply on Sundays. The 25 districts where relaxations will be effective include Mumbai, Thane, Nashik and Nagpur where Covid-19 indicators like positivity rate and case growth rate are lower than the state’s average…
• Inorbit Malls conducts vaccination drive for employees, retail partners and visitors under their #InorbitCares initiative
  29 July 2021, Theretailtimes.co.in
  Inorbit Malls in Mumbai, Vashi, Bangalore, Hyderabad and Vadodara aims to be 100% vaccinated by giving 400-500 individuals their dose~Mumbai, June 16, 2021: Inorbit Malls Pvt Ltd, the pioneer of mall culture in India, has an ongoing COVID-19 vaccination drive for its employees, retail partners as well as visitors at its centers in Mumbai, Bangalore, Hyderabad and Vadodara. With safety being the topmost priority, Inorbit malls kicked off the vaccination drives under #InorbitCares initiative where they aim to have each and every employees, retail staff and agency workers vaccinated…
• Covid-19: Losses Due To Shutting Down Of Malls In Maharashtra Run Into Thousands Of Crores
  29 July 2021, outlookindia.com
  The impact can be gauged by the fact that, on average, a mall has 200 retail stores operating in it and over 5,000 businesses entities associated with it as suppliers and vendors. The prolonged closure has impacted around 50 malls in Maharashtra that used to employ more than 2 lakh people, generate an estimated business of Rs. 40,000 crores and contribute Rs. 4,000 crores in GST, per month, according to the Retailers Association of India (RAI)…
• Pacific Mall Tagore Garden enhances dining experience with Cafeteria and Co
  28 July 2021, Businessnewsthisweek.com
  New Delhi: Pacific Mall, Tagore Garden, is now looking to satiate the culinary palettes of its customers. One of the NCR’s busiest and most active cafés, Cafeteria and Co, will now be operational here to provide a superior casual dining experience to the mall patrons.Cafeteria & Co, a continental and Mexican dining restaurant, originally opened its doors in Hudson Lane, near Delhi University’s North Campus, and quickly became a hotspot in a neighbourhood brimming with cafes, thanks to its unique decor, diverse menu, and speedy service…
• Pacific Mall Tagore Garden enhances dining experience with Cafeteria and Co
  28 July 2021, Apnnews.com
  Pacific Mall, Tagore Garden, is now looking to satiate the culinary palettes of its customers. One of the NCR’s busiest and most active cafés, Cafeteria and Co, will now be operational here to provide a superior casual dining experience to the mall patrons.Cafeteria & Co, a continental and Mexican dining restaurant, originally opened its doors in Hudson Lane, near Delhi University’s North Campus, and quickly became a hotspot in a neighbourhood brimming with cafes, thanks to its unique decor, diverse menu, and speedy service…
• Digitising Indian retail: Looking at challenges and exploring growth models
  27 July 2021, Hindustantimes.com
  The study has been authored by Preeti Kapuria and Harish Nalawade. According to the United Nations Conference on Trade and Development’s B2C (business-to-consumer) E-commerce Index 2019, India ranks 73 out of 152 countries on its readiness to support online shopping.1 India leads among South Asian countries, while Asian states like Iran (42), China (56), Kazakhstan (57), Azerbaijan (62), Vietnam (64) and Tunisia (70) fare better than it on the index. Nevertheless, India’s domestic e-commerce market is expected to reach $ 99 billion (approximately ? 7 lakh crore) by 2024…
• Retailers start expansion as COVID-19 second wave ebbs; focus on high-street locations, smaller towns
  27 July 2021, M.dailyhunt.in
  Representative image Retailers across segments in India are on an expansion spree as the second wave of the COVID-19 pandemic subsides. While some retailers are implementing plans that had to be stalled due to curbs, others are scouting for new locations to make the most of a drop in rentals due to the supply glut. “Large retailers such as Shoppers Stop and Tanishq had already rolled out plans to open multiple stores across the country in FY22…
• Workers in four out of 10 malls vaccinated, says Chennai Corporation
  25 July 2021, Thehindu.com
  Civic body decentralises vaccination strategy further by delegating powers to zonal level officials The Greater Chennai Corporation has managed to vaccinate all employees working in the outlets in four out of 10 major malls in the city through the COVID-19 vaccination outreach drives carried out over the past few days. Encouraged by the improvement in coverage, the civic body has planned to decentralise its vaccination strategy further by delegating powers to officials at zonal levels to organise vaccination drives in different places, apart from the designated vaccination centres, based on availability and demand…
• Haryana lockdown extended till Aug 2 with more relaxations in COVID curbs; malls, shops allowed to open | Details
  25 July 2021, Msn.com
  New Delhi | Jagran News Desk: The Haryana government on Saturday announced the extension of COVID-induced lockdown in the state till August 2 in wake of the coronavirus pandemic. However, the extension has been announced with several relaxations in the curbs. The Haryana government had on May 3 imposed a lockdown in the state when the second wave of the deadly virus started to wreak havoc. The lockdown was time to time extended on a weekly basis till July 25…
• Cinemas, spas open; Delhi Metro, buses to run with full seating
  25 July 2021, Timesofindia.indiatimes.com
  NEW DELHI: The Delhi government on Saturday allowed standalone cinemas halls, multiplexes, spas, swimming pools and entertainment parks to open from Monday morning.The multiplexes can, however, open with a maximum of 50% seating capacity while spas will have to follow a strict protocol. In another major relief, Delhi Metro and public buses have been allowed to run at 100% capacity, which go a long way in making commuting easier for people.For the past nine days, the Covid-19 positivity rate in Delhi has remained below 0.1% when across India, the positivity rate is currently around 2.4%…
• City Centre Malls Light Up on World Fragile X Awareness Day
  23 July 2021, Uniindia.com
  Ambuja Neotia joins the international community spreading awareness about Fragile X Syndrome by illuminating the Group’s two malls in Kolkata — City Centre Salt Lake and City Centre New Town — in the colour of teal on Thursday.Observed the world over, it’s a day to ‘shine a light’ on the Fragile X Syndrome, a genetic disorder and an inherited condition that leads to intellectual disability and autism. Monuments and landmarks are illuminated in teal to extend support and raise awareness on the genetic condition…
• Phoenix marketcity and palladium’s whopping sale upto 60% off gives all the more reason to shop!
  22 July 2021, B4umedia.in
  phoenix marketcity and palladium’s whopping sale upto 60% off gives all the more reason to shop!22 july 2021, Chennai: Phoenix Marketcity and Palladium Chennai, the city’s popular destination for sho pping and dining, will have an exciting sale for its customers on top fashion brands with upto 60% off.The sale at the mall begins on 23 July 2021. This discount will be applicable across premium brands likeZARA, H&M, Lifestyle, Pantaloons, Home Centre, Aldo, Charles & Keith and many more. Patrons can also enjoy exc lus ive offers on food and beverages…
• V-Mart to acquire Arvind Fashions ‘Unlimited’ retail chain
  22 July 2021, Freepressjournal.in
  By PTI Unlimited operates a chain of 74 value fashion retail stores across South and West India and retails fashion apparel and accessories for men, women and children at affordable prices. IndianRetailer.com Value fashion retailer V-Mart Retail Ltd on Thursday announced the acquisition of the ‘Unlimited’ retail chain from Arvind Fashions Ltd (AFL). V-Mart Retail has signed definitive agreements to acquire all of the existing running stores of ‘Unlimited’ from Arvind Lifestyle Brands Ltd (ALBL), a wholly-owned subsidiary of AFL, a joint statement said…
• Chennai Launches Covid Vaccination Drive At Malls
  22 July 2021, Ndtv.com
  You can actually walk into a mall or a vegetable market for vaccination in Chennai. The Greater Chennai Corporation has launched vaccination camps at ten malls and 38 vegetable markets across the city in addition to their regular vaccination centres. The civic body is on an overdrive to inoculate its nearly 60 lakh population in the 18+ age group…
• Demand picks up faster than last July as mobility improves
  21 July 2021, Livemint.com
  There has been a 6% decline in overall consumer anxiety among Indians during the second wave of the covid-19 pandemic compared to the first wave, according to a consumer tracker released by Deloitte earlier this week. Deloitte has been tracking consumers’ mood across major global markets since the onset of the pandemic. In its latest report, it surveyed Indian respondents till 30 June, covering the second wave of covid-19. The pace of vaccination has helped in “uplifting the consumer sentiment”, according to the report. The tracker reported a slight increase in discretionary spends after restrictions were relaxed in June…
• Unilever launches first in-store vending model at Mumbai mall
  20 July 2021, Thehindu.com
  Earlier this month, Mumbai’s Reliance Smart Acme Mall became home to the pilot project of Unilever’s in-store vending model, ‘Smart Fill’. Thanks tothis new initiative set up in partnership with Reliance Retail, customers can get a refill of homecare products — for brands such as Surf Excel, Vim and Comfort — rather than purchase a new packet…
• Restrictions, weekend closures continue to ail retailing business
  20 July 2021, M.dailyhunt.in
  Restricted opening hours and weekend closures in some states are plaguing the retail business even as most other areas of the country are openingup after being under various levels of lockdown over several months due to the second wave of the COVID-19 pandemic. States such as Maharashtra, Uttar Pradesh, Bihar, West Bengal, Odisha, Kerala and Karnataka still implement limited operating hours, if not total closures, on weekends…
• June retail sales 50% below pre-pandemic period, reveals survey
  19 July 2021, Moneycontrol.com
  According to a survey by the Retailers Association of India, retail sales, though improved in June as the second wave of the pandemic subsided, are still considerably below the pre-COVID levels.Retail Sector | Representative Image (PC-Shutterstock)Retail Sector | Representative Image (PC-Shutterstock)The retail industry is yet to recover from the onslaught of the second wave of the pandemic and the sales of the segment remained 50 percent below June 2019, showed the results of a recent survey by the Retailers Association of India (RAI). However, according to the RAI survey, the industry also showed progressive recovery compared to May…
• Weekend footfall in malls ‘best so far’ post relaxation
  19 July 2021, Timesofindia.indiatimes.com
  Kolkata: For the malls across the city, this weekend — after further relaxation of timing from July 16 and the resumption of Metro — was the best sofar in one month of operations since the Covid-induced restrictions were put in place. The footfall of people and sales went northwards and it would have been better, if Metro was operating on weekends.“This weekend has been the best so far from the business point of view…
• Business News | Vega City Mall Bucks the Trend Post Second Wave, Recovery in Footfalls and Sales Set the Tone for the Coming Quarters
  17 July 2021, Latestly.com
  Vega City Mall, South Bangalore’s most happening mall has reported a dramatic recovery in footfalls in Week 15 of this financial year.It was not only footfalls that Vega City witnessed but the number of four wheelers and two wheelers to post the opening of the mall.”A comparison between Week 15 of FY 2019-20 vs FY 21-22 (comparing pre-COVID-19 era to second wave of COVID-19), has shown Vega City bucking the trend…
• As multiplexes, food courts struggle amid the pandemic, malls must rethink their anchor tenants
  17 July 2021, Economictimes.indiatimes.com
  Synopsis Some things are fundamental to our malls: a solid multiplex, an exciting food court, a couple of high-end restaurants, departmental stores, and hot fast-fashion retailers that everyone can’t get enough of. Mall operators in India have cemented the success of their properties on carefully chosen locations and anchor tenants, so much so that shoppers will often remember a mall by its most prominent storefronts…
• Pine Labs’ new campaign pays tribute to frontline retail warriors
  16 July 2021, Financialexpress.com
  The film depicts experience of small retailers during the pandemicPine Labs’ launches new multichannel campaignPine Labs’ launches new multichannel campaignMerchant commerce platform Pine Labs has rolled out a multichannel marketing campaign to pay tribute to the retail sector of India. The platform has released a film as a part of the campaign capturing the lives of kirana store owners, retail pharmacists and solopreneurs. The store owners, their staffs, the frontline retail warriors, have emerged as the unsung heroes during the Covid19 outbreak, Amrish Rau, CEO, Pine Labs said…
• Retailers urge Maharashtra govt to allow re-opening of malls, shopping centres
  16 July 2021, Timesofindia.indiatimes.com
  MUMBAI: Retailers Association of India ( RAI ) on Friday asked the Maharashtra government to let malls and shopping centres open by following COVID-19 protocols.Stating that other states like Delhi and Haryana have allowed the opening of malls along with other markets, RAI said letting malls and shopping centres operate will not only help save employment but will also pave the way for citizens to shop in a safe and sanitized environment…
• Doing better business than last year, say Noida malls
  16 July 2021, Hindustantimes.com
  Noida Managers of shopping malls in Noida say they are doing better business this year as compared to the post-unlock period in 2020, and they are witnessing a good footfall during the end of season sales Noida Managers of shopping malls in Noida say they are doing better business this year as compared to the post-unlock period in 2020, and they are witnessing a good footfall during the end of season sales. During the unlock period, the governments permit places to open and resume normal activities — albeit with significant safeguards — after spending months under the lockdown…
• As multiplexes, food courts struggle amid the pandemic, malls must rethink their anchor tenants
  16 July 2021, Economictimes.indiatimes.com
  With rent concessions being extended, mall chains will have to reconsider their tenant mix. They are now adopting new kinds of agreements for longer terms, which are based more on sales and revenue share than a fixed rental income. While national malls may survive this new normal, things could get difficult for the smaller, standalone ones. Some things are fundamental to our malls: a solid multiplex, an exciting food court, a couple of high-end restaurants, departmental stores, and hot fast-fashion retailers that everyone can’t get enough of…
• Hotels, Malls Gearing Up As IT Corridor Is Set To Reboot: Chennai
  15 July 2021, Realtynxt.com
  With most of the IT firms conducting vaccine drives and private firms taking steps to inoculate the employees, opening of IT firms would give a fillip to the dormant areas of OMR after the lockdown.With the IT firms calling upon their employees to report for duty at offices, the restaurants, malls and paying guest accommodations are gearing up for the expected business.In the Old Mahabalipuram Road (OMR), the hub of IT industry of Chennai, several restaurants are expecting a good footfall as IT firms are slowly opening their premises…
• Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdowns
  15 July 2021, Cfo.economictimes.indiatimes.com
  Amid last year’s nationwide lockdown and this year’s local lockdowns, retailers and restaurants have taken a massive hit, facing closure of outlets, huge losses and retrenchments. Top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino’s, Plum by Bent Chair, Mamagoto, Farzi Cafe , Lee, Wrangler and Cafe Warehouse among others, are insisting on introducing clauses in all new leases that stipulate that they will not pay rent, or pay only in proportion to their actual business, in the event of government mandated closures of stores and malls…
• Offline retail, malls have gone through a painful pandemic year. Will 2021 be any better?
  15 July 2021, Economictimes.indiatimes.com
  Malls have been the biggest casualty of the pandemic-triggered lockdowns. After some painful negotiations, mall chains such as Phoenix Mills, Nexus, and DLF had hoped for normalcy in rents in FY22, but the second wave has been a dampener. With restrictions in place and the possibility of a third wave looming, what’s in store for them? Some kinds of retail businesses thrived in the pandemic. With more Indians moving online than any amount of discounting or wide assortment of products could ever get them to, direct-to-consumer or D2C became a buzzword…
• Hotels, malls gearing up as Chennai’s IT corridor set to reboot
  14 July 2021, Socialnews.xyz
  With the IT firms calling upon their employees to report for duty at offices, the restaurants, malls and paying guest accommodations are gearing up for the expected business.In the Old Mahabalipuram Road (OMR), the hub of IT industry of Chennai, several restaurants are expecting a good footfall as IT firms are slowly opening their premises. The increase in vehicular traffic through the OMR stretch has also caught up and according to transport officials, the traffic increase is due to the opening-up of firms and other business establishments on the stretch…
• The Evolution of the Social Shopping Mall
  13 July 2021, Businessnewsthisweek.com
  To overcome the current hardships of pandemic restrictions, all the while maintaining a connect with their customers, it has led malls to amp up their social media engagement.Traditional shopping malls have understood that they need to stay relevant and maintain a constant connect with their customers.In today’s world, no matter how big or small a brand, having a robust social media strategy is imperative for growth and survival…
• Advantage Of Emotion AI In Retail Recruitment
  13 July 2021, Indianext.co.in
  The talent recruitment process of every industry is unique, and the retail sector is undoubtedly one of the more interesting ones. The retail sector, ranging from FMCG to high-end fashion, requires a diverse set of skills to keep it functioning. Therefore, it depends more on qualified employees who can assist the customers, manage the business, respond to customers’ grievances, manage the supply chain, logistics and more. Additionally, given the new shopping trends seen during the pandemic, the retail sector explores a hybrid or entirely online model, which requires reskilling the current workforce and engaging people with additional skills…
• Food joints down shutters as second wave takes a toll on business
  13 July 2021, Financialexpress.com
  While companies had been trying to get their businesses back in shape post the lockdown last year, a devastating second wave and the ensuing restrictions this year made it difficult for them to sustain operations. Arush Malik, founder & CEO at The Immigrant Cafe, recently shut down his outlet in New Delhi’s plush Khan Market.It was becoming nearly impossible to shell out a significant Rs 8 lakh in rental payments per month amid dwindling sales.It was becoming nearly impossible to shell out a significant Rs 8 lakh in rental payments per month amid dwindling sales…
• Cinema halls, spas allowed to open; lockdown extended till July 19
  12 July 2021, Hindustantimes.com
  As per the order issued on Sunday by Vijai Vardhan, the state chief secretary, cinema halls (in malls and stand-alone) have been allowed to open with 50% capacity, subject to strict adherence to Covid-19 safety guidelines The Haryana government on Sunday allowed the reopening of cinema halls, spas and swimming pools, with riders, and extended the ongoing lockdown till July 19. As per the order issued on Sunday by Vijai Vardhan, the state chief secretary, cinema halls (in malls and stand-alone) have been allowed to open with 50% capacity, subject to strict adherence to Covid-19 safety guidelines…
• Grand inauguration of The Biggest Shopping Mall in Jayanagar
  10 July 2021, Bangaloretodays.wordpress.com
  Kalanikethan has a new address in Jayanagar and offers a refreshingly new experience. Spread over 10000 sft (3 floors), the experience just got bigger with 5000 Master Designers and 2 lakh varieties.The biggest shopping mall in Jayanagar was inaugurated by Ms Priyanka Upendra, renowned actress and the Guests of Honor were Ms Roopamouli, Founder – Sahaya Hastha Trust & Pinkathon Ambassador and Ms Reena Suvarna, ACP, Bangalore North.Great inaugural offers await the customers, including Ashadam Sale Upto 50% off on Kanjivarams, Designer Sarees, Fancy Sarees, Ghagras, Salwars, Dress Material, Western Wear, Men’s Wear, Kid’s Wear…
• Punjab opens colleges, cinema halls, malls to those who got at least 1 dose of Covid vaccine
  09 July 2021, Devdiscourse.com
  The chief minister noted that due to the standard operating procedure in place for Covid and post-Covid care, Punjab has had much fewer cases of black fungus and deaths than most other states, including Haryana, and Delhi.While Punjab has so far reported 623 cases and 51 deaths due to black fungus, both Haryana and Delhi have seen over 1,600 cases each, with 193 and 236 deaths respectively…
• Pacific Mall welcomes back customers with attractive discount offers
  09 July 2021, News.chennaipatrika.com
  Pacific Mall welcomes back customers with attractive discount offersPacific Mall welcomes back customers with attractive discount offersPacific Mall, Dehradun, reopens its doors after second wave with strict SOPs and skilled maintenance team on ground to deliver their customers a safe shopping experience…
• COVID-19: Navi Mumbai launches drive-in vaccination at Grand Central Shopping Mall.
  08 July 2021, English.lokmat.com
  The Navi Mumbai Municipal Corporation on Thursday launched drive-in vaccination for the citizens at Grand Central Shopping Mall. People … The Navi Mumbai Municipal Corporation on Thursday launched drive-in vaccination for the citizens at Grand Central Shopping Mall. People will not have to stand in a queue and they will be administered the COVID-19 vaccine doses in their own vehicles. The facility has been set up in the basement parking lot at the mall for inoculating people. The Grand Central Shopping Mall is closed due to COVID-19 restrictions therefore it is being used for the vaccination drive…
• How Travel Retail is changing the Food Retail Biz
  08 July 2021, Restaurantindia.in
  Airport retail is expanding at a very fast pace as souvenirs shops, luxury goods to F&B outlets and other brand experiences. Short Description The Indian Food and Beverages service industry has seen a remarkable growth in the recent past and it continues to expand rapidly. It is known to be one of the most dynamic industries in the country. The food and grocery retail sector accounts for 16 per cent of India’s GDP and by 2020, is pegged to contribute to 66 per cent of the total revenue of the retail sector…
• Rules should cover both online, offline retail
  08 July 2021, Tribuneindia.com
  The need for consumer protection in the online and offline arenas should be kept in mind while formulating regulations for the e-commerce sector. The need to prioritise consumers’ interests is gradually being given primacy on the online platforms, judging by the new provisions in the draft guidelines. For instance, the new rules suggest that online marketplaces should be held liable for faulty or defective products.Sushma RamachandranSenior Financial JournalistAdvertisementBuy NowPowered By The Tribune x eReleGoOnline delivery of goods and services has become an essential part of our daily life…
• A Look into the Consumer Retail Space through Covid Days
  07 July 2021, Outlookindia.com
  Retail companies expect gradual recovery from the second quarter with pent-up demand and easing of restrictionsDemand for retail products decreased internationally during the Covid-19, and companies in India faced a difficult two years. The pandemic resulted in a slowdown of the retailer’s function as consumer rates decreased. Retail revenue fell by 20 per cent on average year over year in FY2021. Most firms’income steadily recovered over the year. Throughout the year, cost-cutting initiatives were implemented to help manage cash flow. The majority of firms’gross margins decreased…
• Phoenix Marketcity, Bengaluru welcomes its patrons to ‘Unlock’ the Ultimate Shopping Experience
  07 July 2021, Thisweekindia.news
  Bengaluru, 6 July 2021 : With the State Government’s directives to finally reopen malls as part of the third level of unlocking from July 5, PhoenixMarketcity, Bengaluru is all excited to welcome its patrons back to their favorite Shopping & Lifestyle destination! We are thankful to the government for its decision to allow functioning of the malls in an organized environment. With a vision to offer consumers an unparalleled shopping experience, Phoenix Marketcity is now geared up to start its operations in the “new normal”…
• Pacific Mall, SDMC initiate ‘Say No to Plastic’ campaign
  07 July 2021, Indiaretailing.com
  Pacific Mall, Tagore Garden has joined hands with South Delhi Municipal Corporation (SDMC) to create awareness via a ‘Say No To Plastic Campaign’, pledgingto ensure 0 per cent plastic use in the shopping centre’s retail stores and food court. The initiative launched on International Plastic Bag Free Day conveyed the message in forms of posters, LED screens, and other collaterals around the mall for drawing visitors’ attention towards harmful impact of plastic on our environment and surroundings…
• U’khand allows zoos, malls to open, shopkeepers look to mitigate losses
  07 July 2021, Retail.economictimes.indiatimes.com
  Dehradun: As part of the ‘unlock’ process, Uttarakhand on Monday allowed shopping malls and public places like zoos to open with 50% capacity. For shopkeepers who have been paying hefty upkeep costs while staying shut for three months, the opening of malls has come as a relief. Residents are equally excited about venturing out after a long time. On Tuesday, TOI visited some popular malls of Dehradun like Pacific Mall and Crossroad Mall. The re-opening of malls has come as a major relief to businessmen…
• Delhi Unlock: Markets, malls reopen, Delhi Metro services resume, CM Arvind Kejriwal urges caution
  06 July 2021, Web.dailyhunt.in
  New Delhi: Shops in markets and malls reopened in Delhi on Monday, and other economic activities like registration of properties, offices and metroservices, also resumed after nearly one and a half months, following more relaxation of lockdown restrictions, even as Chief Minister Arvind Kejriwal cautioned people against any laxity. The Delhi Metro, the lifeline of the city, also started operating on Monday, but with 50 per cent seating capacity and no provision for standing travel for commuters. According to DMRC officials, the line utilisations performed till about 8 pm was around 4.5 lakh on Monday…
• Maangalya Shopping Mall launches its 10th Store in Telangana
  06 July 2021, Businessnewsthisweek.com
  Chief Guest & Tollywood Actress of Uppena Fame, Ms Krithi Shetty; inaugurating the 10th Maangalya Shopping Mall in Hyderabad, at AS Rao Nagar, today; as Mr Kasam Namashivaya, Chairman, Maangalya Shopping Malls; applauds.Hyderabad: The Maangalya Shopping Mall – one of the largest family-owned textile kingdoms in this part of the Country, has launched its 10th shopping mall at the city’s fastest growing shopping hub, A.S. Rao Nagar, today…
• Inorbit Malls among India’s Top 50 Best Mid-Size Places to Work At
  06 July 2021, Businessnewsthisweek.com
  Inorbit Malls Pvt. Ltd., one of India’s pioneers in mall culture, is among the top 50 best mid-sized companies to work forin the country this year, according to the annual survey conducted by the Great Place to Work® Institute. The firm was awarded the 41st rank out of over 10,000 participating organizations from 60 countries that were judged on the basis of anonymous employee feedback and the quality of people practices deployed at each organization…
• Encouraging footfall at Bengaluru malls on day of reopening
  06 July 2021, Timesofindia.indiatimes.com
  Farheen Hussain & Mrinalini Bhat / TNN / Updated: Jul 6, 2021, 09:16 ISTBENGALURU: IT professionals and friends Chandrika K and Asiya P had their hands full of bags after three shopping hours on Monday. They had waited for retail therapy for more than five months. “I am not an online shopper and wanted to visit a mall,” Chandrika said. Asiya agreed. “We met each other after a long time and decided to shop together,” she said…
• Karnataka unlock 3.0: Religious places, malls open; transport back to full capacity
  05 July 2021, Travel.economictimes.indiatimes.com
  These services will be available for the public till 9pm, as the government is imposing night curfew till 5am. After the state government announced further relaxation of restrictions on Saturday, shops, restaurants, malls, private offices and religious places began operations in full swing on Monday. Also, all public transport- buses and metro- were seen operating up to its seating capacity. These services will be available for the public till 9pm, as the government is imposing night curfew till 5am…
• Karnataka Unlock: Malls, shopping complexes ready to open from Monday
  01 July 2021, Devdiscourse.com
  As the Karnataka government issued new guidelines to open malls and shopping complexes from Monday, malls and shopping complex owners in the state are also preparing to open their doors to customers while adhering to COVID-19 protocols. | Bengaluru (Karnataka) | Updated: 04-07-2021 18:24 IST | Created: 04-07-2021 18:24 IST Country: India SHARE As the Karnataka government issued new guidelines to open malls and shopping complexes from Monday, malls and shopping complex owners in the state are also preparing to open their doors to customers while adhering to COVID-19 protocols…
• Delhi: SDMC declares malls in Saket, Vasant Kunj ‘single-use plastic free’
  03 July 2021, Timesofindia.indiatimes.com
  NEW DELHI: The South Delhi Municipal Corporation (SDMC) on Saturday declared that the Select City Walk, DLF Avenue Saket and MGF malls in Saket area, Ambience, DLF Promenade, and DLF Emporia malls in Vasant Kunj as ‘single-use plastic free’on the occasion of International Plastic Bag Free Day.”SDMC has declared Select City Walk, DLF Avenue Saket, MGF Saket, Ambience Vasant Kunj, DLF Promenade Vasant Kunj, and DLF Emporia mall free from Single-Use Plastic,” SDMC said in a Facebook post.Single-use plastics are meant to be thrown out immediately after use, such as bags, drinking straws, bottles and packaging…
• Delhi Covid-19 unlock: Markets, malls permitted to operate from today-Business Journal
  03 July 2021, Business-journal.in
  The Delhi Disaster Management Authority (DDMA) has allowed the opening of all markets, market complexes and malls from 10 am to 8 pm from Saturday. Market Trade Associations (MTAs) and shopkeepers of the market have been assigned the responsibility of keeping a check on strict adherence of COVID-Appropriate Behaviour (CAB) in their respective market places, violation of which would result in shutting down of the particular market immediately, Delhi government’s order stated…
• Indian retailers and wholesalers will now come under MSME sector, says Nitin Gadkari
  03 July 2021, Yourstory.com
  In a major relief to Indian retailers and wholesalers, Union Minister Nitin Gadkari said the move will benefit 2.5 crore traders from the community. CLAPS In a major relief to the Indian retail and wholesale traders, Union Minister for Micro, Small and Medium Enterprises (MSMEs), Nitin Gadkari, on Friday announced their inclusion under the MSME sector. In a tweet, the minister said, “Retail and wholesale trade were left out of the ambit of MSME…
• ADIA-backed Lake Shore in talks to acquire Viviana Mall
  01 July 2021, Realty.economictimes.indiatimes.com
  The proposed deal assumes significance as it indicates global investors’ unabated interest in Indian mall developments and confidence that retail consumption will rebound once the Covid-19 pandemic is over. Viviana Mall is spread on a 13-acre land parcel on Thane’s on Pokhran Road and has total lease area of 1.7 million sq ft. It houses one of the largest multiplexes with 14 screens including Imax experience. GIC had picked up 49% stake in Viviana Mall from Sheth Group in early 2016. ET’s email queries to GIC and Lake Shore remained unanswered until the time of going to press…
• How the Entertainment Industry is preparing itself for a possible 3rd Covid wave to avoid job losses
  01 July 2021, Hr.economictimes.indiatimes.com
  While the media and entertainment industry continues to battle the ongoing pandemic, is it prepared to receive a third blow? Though it’s difficult to predict the whims and ways of the virus, preparing for the worst is something to vouch for as the best way out. July 02, 2021, 07:00 IST By Markand Adhikari It is not an exaggeration to state that the 2nd wave of Covid-19 has managed to add fuel to this fire of unemployment in India…
• 4 reasons that make Mall of India food court ahead of others
  01 July 2021, Restaurantindia.in
  Recently opened DLF Mall of India which is sort to be first of its kind ‘Destination Mall’ in India has also focused a lot on bringing the best of food brands and cafes under their roof. Short Description Today food business scenario is going through the biggest phase of disruption. From investors heavily investing into the food business to real estate people allocating more spaces to food brands , we can say that food business is projecting the growth of retail-real estate scenario in India…
• Restrictions due to second wave of COVID to impact apparel retailers’ revenue growth
  01 July 2021, Theweek.in
  Apparel retail sector revenue to grow 15-20% in current financial year, says CRISILAs the COVID-19 cases surged in April and May, many states announced lockdowns, which included shutting down of non-essential retail stores. This has hit apparel retailers hard and ratings agency CRISIL now expects organised apparel retail sector revenue to grow 15-20 per cent in the current financial year, compared with its earlier expected 30-35 per cent.Localised restrictions starting from the second half of April this year resulted in pan-India average retail mobility (footfalls to retail stores) falling sharply to 36 per cent of the pre-pandemic level in May…
• Mall developers may offer rent waiver during 2nd Covid-19 lockdown
  30 June 2021, Rediff.com
  While there was a sharp drop in footfalls in malls in H1FY21, there was reasonable recovery in H2. However, the second wave derailed the recovery.Many big mall developers such as Raheja-owned Inorbit Malls, DLF, and Lake Shore are looking at giving a waiver to retail stores in the lockdown during the second wave of the pandemic.Most of the states in the country have announced a lockdown since April this year after the second wave of the pandemic became evident.“We are considering it. Retailers don’t have money…
• Chennai’s Express Avenue mall conducts vaccination drive
  30 June 2021, Timesofindia.indiatimes.com
  CHENNAI: Express Avenue mall in Chennai conducted a vaccination drive for more than 300 retail store employees.The vaccination drive was conducted on June 20 and 21 at the Central Atrium. The mall has made it mandatory for all store employees to get vaccinated.Kavita Singhania, MD Express Avenue, said, “ As part of our ethos and culture as inherited from our chairperson Saroj Goenka,we always look out for ways and means to give back to the community in however small or big way we can. For us safety of our team, employees & family members is of utmost priority…
• Bengal govt urged to extend business hours in malls
  29 June 2021, Outlookindia.com
  Kolkata, Jun 28 (PTI) In the wake of the decline in Covid-19 infections in West Bengal, the Shopping Centre Association of India (SCAI) on Monday urged the state government to extend the operational hours for retail shops to 8 pm and up to 11 pm for food and beverage outlets in malls.The state administration allowed malls to operate from 11 am to 6 pm for stores and from 12 noon to 8 pm for restaurants. The outlets reopened on June 16 after being closed for 45 days due to restrictions imposed by the government to check the spread of coronavirus…
• Bengal govt urged to extend business hours in malls
  29 June 2021, Outlookindia.com
  Kolkata, Jun 28 (PTI) In the wake of the decline in Covid-19 infections in West Bengal, the Shopping Centre Association of India (SCAI) on Monday urged the state government to extend the operational hours for retail shops to 8 pm and up to 11 pm for food and beverage outlets in malls.The state administration allowed malls to operate from 11 am to 6 pm for stores and from 12 noon to 8 pm for restaurants. The outlets reopened on June 16 after being closed for 45 days due to restrictions imposed by the government to check the spread of coronavirus…
• Chennai malls reopen to lukewarm response
  28 June 2021, English.lokmat.com
  Chennai malls reopen to lukewarm response English.Lokmat.com Author : IANS | June 28, 2021 03:36 PM Chennai, June 28 Malls, commercial complexes and temples across Chennai and its adjoining districts Chengelpettu, Kancheepuram and Tiruvallur … Chennai malls reopen to lukewarm response Chennai, June 28 Malls, commercial complexes and temples across Chennai and its adjoining districts Chengelpettu, Kancheepuram and Tiruvallur reopened with 50 per cent capacity after nearly one month on Monday, but most places saw low footfalls…
• Digital Mall of Asia is operational in Haryana

  28 June 2021, Businessnewsthisweek.com
  With on and off lockdown measures and constant fear of getting sick much of the urban population has opted to be safe and stay at home.While the rural population still has no fear of visiting the local market, the same is not true for the urban population and hence e-commerce has become an essential service. With numerous platforms already on the radar of the consumer Digital Mall of Asia, it has also thrown its hat for consideration with its different approach for consumers and retailers who get onboarded…

• Reimagining India’s future through video
  28 June 2021, Cio.economictimes.indiatimes.com
  This major transformation, which involves the move to digitise physical access and integrate them with video management systems, will enable organisations to correlate metadata of people’s activities and behaviours.The Covid-19 pandemic has ravaged one nation after another, leaving economies and businesses in shambles. The vaccination drive kickstarted aggressively across the globe now offers a ray of hope for recovery. India is also witnessing the second wave of the pandemic subsiding on the back of its vaccination drive…
• Shopping complexes, malls to open in Chennai, neighbouring districts
  26 June 2021, Thehindu.com
  Chief Minister M.K. Stalin on Friday announced several relaxations even while extending the COVID-19 lockdown till 6 a.m. of July 5. Shopping complexes and malls will reopen in Chennai and surrounding districts (category 3) and intra- and inter-district bus transport will resume in 23 districts (category 2) from Monday. Additional relaxations have been offered in 11 districts in western and central Tamil Nadu, where a stricter lockdown is in force because of a higher infection rate. In Chennai, Tiruvallur, Kancheepuram and Chengalpattu districts, private offices can function with 100% workers, and shopping complexes and malls can function between 9 a.m. and 7 p.m…
• Gurgaon malls report recovery: ‘Footfall 30% of pre-pandemic levels’
  24 June 2021, Msn.com
  At Ambience Mall, for example, officials said they are seeing a footfall of almost 50,000 people on the weekends. “We are having quite a good footfall. It is also due to the continuous vaccination drives we hold and safety measures. On weekends, we are getting almost 50,000 people as compared to the footfall of 80-85,000 people on weekends before Covid hit. The numbers still haven’t reached pre-pandemic levels, but barely one month has passed since malls have reopened. This is a good recovery in terms of footfall,” said an official from Ambience Private Limited…
• NCR retailers decide not to shut shops after mall owners agreed to discuss rental issues
  24 June 2021, Economictimes.indiatimes.com
  The development comes barely a day after the motley group of retailers including Aditya Birla Fashion, Arvind Fashions, Bestseller Retail, Skechers, Iconicdepartment store chain, Adidas, Reebok, Puma among other retailers and brands, had on Tuesday collectively requested malls to move to a “sustainable and viable” rental structure and said the Covid-19 crisis has hit retailers hard…
• News COVID-19 first vs second wave: How does it stack up for commercial real estate?
  23 June 2021, M.dailyhunt.in
  COVID-19 first wave perhaps hit the hospitality sector the hardest. The second wave of COVID-19 came in as a rude shock.While there was a relative improvement in sentiments in October and November 2020, the pandemic reversed all the gains. Many offices which had been promoting work-from-home, especially the larger IT/ITES/BFSI companies, had started to believe that they would be in a position to get some of their work forces back to office in the June quarter of 2021 but that was not to be…
• How Retail Industry can Offset the Impact of Covid-19?
  23 June 2021, Indianretailer.com
  Retailers need to take into account that consumers have become more conscious of health, hygiene, and safety norms and retailers need to manage these expectations at all stages of their interactions.Guest authorThe Indian retail market is the 5th largest global destination in the retail space and is considered to be one of the most dynamic and fast-growing sectors.According to the Retailers Association of India, the retail industry achieved 93 percent of pre-Covid sales in February 2021…
• Mall operators plan to review rental deals every month
  23 June 2021, Economictimes.indiatimes.com
  This is a departure from the strategies last year when malls announced quarterly slabs of rental reliefs for almost nine months well in advance.This year they will take a call every month based on the performances of the businesses. Mall operators are planning to take the call on rent reliefs to tenants depending on the market condition every month, even as retailers have threatened to shut their shops in the malls of the National Capital Region for two days this week seeking a lenient and quick decision on rentals…
• COVID-19 first vs second wave: How does it stack up for commercial real estate?
  23 June 2021, Msn.com
  Some companies will also become cautious in taking their full requirements in one go and may choose to work in managed workspaces under a similar flex model as they observe how 2022 and beyond would unfold. While foreign investments would remain high in good quality leased commercial buildings, I also see the risk return expectations reduced for new developments under construction by large and credible developer partners. The spaces of the future will also need to incorporate modifications sought by tenants for health and safety…
• Vadodara mall installs 500kg sculpture to pay tribute to covid warriors
  23 June 2021, Nyoooz.com
  In order to pay their tribute to COVID warriors, Vadodara’s Inorbit Mall has installed a 500 kg sculpture to honour them. Since the beginning of the pandemic, there are a group of people who put their nation ahead of themselves to constantly perform their duties and fight coronavirus from the frontline. We have constantly been grateful to have such brave covid warriors among us. In order to pay their tribute to COVID warriors, Vadodara’s Inorbit Mall has installed a 500 kg sculpture to honour them…
• Malls reopen to low footfall as Covid fear keeps shoppers away
  22 June 2021, Timesofindia.indiatimes.com
  Noida/Ghaziabad: Malls across Noida and Ghaziabad reopened after nearly two months on Monday, but most places saw low footfalls. However, shop and restaurant owners are hopeful of more customers by the end of the week.“There were very few customers on the first day, but we expect business will increase by the weekend. A bit more relaxation in timings may benefit us. We are following all guidelines of the administration and shutting shops on time,” said Varun Khera, head of the Noida chapter of the National Restaurant Association of India…
• Return to normal: Two months on, eateries, malls spring back to life in Lucknow
  22 June 2021, Retail.economictimes.indiatimes.com
  The city was back to business with further easing of Covid curbs on Monday. After being shut for 65 days, hotels, restaurants and malls were abuzz again. The city was back to business with further easing of Covid curbs on Monday. After being shut for 65 days, hotels restaurants and malls were abuzz again. About 50% of the restaurants that reopened witnessed an encouraging response on Day1, while malls too had a decent footfall of shoppers. eateries and malls took due precautions…
• Delhi Lucknow’s malls, restaurants re-open to limited crowds
  21 June 2021, M.dailyhunt.in
  LUCKNOW Malls and restaurants in Lucknow reopened with 50% occupancy on Monday after a closure of almost two months that was initiated in April in wake of the second wave of Covid.With the state government announcing relaxations in the Covid Curfew guidelines, night the curfew will now be effective from 9 pm to 7 am. Though only a few people turned up at malls, they welcomed the move, saying ‘it’s like heading back to normal…
• Post-COVID times will see retail, The entertainment industry bounce back with a steady recovery
  21 June 2021, Yourstory.com
  In a recent panel discussion on YourStory’s Daily Dispatch, RAI CEO Kumar Rajagopalan, Inorbit Malls CEO Rajneesh Mahajan, andInox Leisure CFO Kailash Gupta share key insights into the journey and future roadmaps of the Indian retail industry amidst the pandemic. CLAPS According to Forrester Research, the Indian retail the industry is estimated at $883 billion in 2020. The sector, one of the fastest-growing, however, took a massive hit amidst the second COVID-19 wave…
• Uttar Pradesh Unlock: Restaurants, malls allowed to open with 50% capacity; schools, gyms to remain closed
  21 June 2021, Firstpost.com
  Night curfew has been relaxed by two hours but the weekend lockdown will continue in the state of Uttar Pradesh has relaxed some restrictions that were brought in place due to the COVID-19 pandemic. With a decrease in the number of coronavirus cases, the state has decided to reopen more services. According to an order issued by RK Tiwari, Chief Secretary on Saturday, 19 June, the relaxations will be implemented from Monday, 21 June…
• ‘Cooped up’Indians throng malls and markets weeks after Covid surge
  20 June 2021, Timesofindia.indiatimes.com
  NEW DELHI: A few weeks ago, New Delhi’s crematoriums were operating around the clock dealing with Covid-19 victims. Now the Indian capital’s shopping malls and markets are buzzing again. But doctors are worried that India is letting its guard down again, just like in January and February before a devastating coronavirus surge that led to a near-collapse of the healthcare system…
• As malls open up, Bajaj Foundation joins hands with DLF and Fortis Escorts to make Covid Vaccination accessible to mall visitors
  20 June 2021, Businessnewsthisweek.com
  Both doses of Covishield & 2nd dose of Covaxin will be administered to any walk-ins for 18 years and aboveNew Delhi, June 20, 2021: In an effort to further vaccinate Indians faster and to steer clear of the third wave, Bajaj Foundation, a non-profit organization, has partnered with Fortis Escorts to start another COVID-19 vaccination drive at DLF Avenue Saket, New Delhi. The drive aims to normalise the vaccine experience with the comfort of visiting the mall with your loved ones…
• Restaurants, malls to reopen at 50% capacity in UP, weekend lockdown to continue
  20 June 2021, Indianexpress.com
  All establishments in Uttar Pradesh will be allowed to function between 7 am to 9 pm during the weekdays.Malls and restaurants in Noida and Ghaziabad will be opening with limited capacity from Monday onwards as part of un-lockdown. UP government, last week, had decided to issue more relaxations with Covid cases across the state dipping. Noida reported 8 cases with the tally of active cases coming down to 133…
• Gurugram pubs, restaurants offer heavy discounts to vaccinated customers – Details
  20 June 2021, Web.dailyhunt.in
  Gurugram: In a bid to encourage people for COVID vaccination, several pubs and restaurants in Haryana’s Gurugram are offering heavy discounts to customers who have taken COVID-19 vaccine jabs. According to reports, restaurants and pubs at Cyber City are offering 50 per cent discount to those who are fully vaccinated and 25 per cent to the ones inoculated with the first jab. While speaking to media, a pub and director Yudhvir Singh said, “Special offers will not only cater to more business but also ensure safety…
• Delhi Unlocks: Malls Wear Deserted Look, Markets Witness Overcrowding With Violation of Safety Guidelines
  20 June 2021, Web.dailyhunt.in
  New Delhi : Even days after the Arvind Kejriwal government announced unlock plans in the national capital, many shopping malls were seen wearingdeserted looks while the local markets witnessed overcrowding with many violating the safety guidelines. Notably, this overcrowding at marketplaces has become a major cause of concern as experts have warned of a third COVID wave that would be more severe than the second one. As per a report by India Today, overcrowding was seen at Ghazipur Mandi with some people buying vegetables without wearing masks or maintaining any social distance…
• Ambience Mall in Haryana’s Gurugram Has Special Discounts for Frontline Health Workers…. – Latest Tweet by ANI
  20 June 2021, Latestly.com
  Ambience Mall in Haryana’s Gurugram has special discounts for frontline health workers. “As token of appreciation, we’ve introduced free parking services & special discounts in stores for them. They just need to show their id cards to avail them,”said Geeta from mall admin(19.06)…
• Pune admn rolls back some unlockdown norms: Malls, parlours, restaurants and bars to remain shut on weekends
  19 June 2021, Indianexpress.com
  The civic body on Friday announced that malls, salons, beauty parlours, spas, restaurants, bars and food courts will remain shut on weekends.After granting some major relaxations in Covid restrictions for Pune residents earlier this week, the municipal corporation has decided to act cautious and roll back some of them. The civic body on Friday announced that malls, salons, beauty parlours, spas, restaurants, bars and food courts will remain shut on weekends. Even non-essential shops will remain shut on weekends.The PMC has also decided to continue with prohibitory orders restricting the gathering of five or more people…
• Most big mall developers may waive rent for recent Covid-19 lockdown
  19 June 2021, Business-standard.com
  Many big mall developers such as Raheja-owned Inorbit Malls, DLF, and Lake Shore are looking at giving a waiver to retail stores in the lockdown during the second wave of the pandemic.Most of the states in the country have announced a lockdown since April this year after the second wave of the pandemic became evident.“We are considering it. Retailers don’t have money. How will they pay? We have to support them,” said Rajneesh Mahajan, chief executive at Inorbit Malls, which runs malls in Mumbai and Navi Mumbai, among others.Inorbit gave a waiver to retailers during the lockdown last year…
• Karnataka news: Panel recommends government to reopen malls, markets – Report
  17 June 2021, Timesnownews.com
  The panel has recommended the Karnataka government to reopen malls, markets and other places from June 21.One of the worst-hit states with COVID-19, Karnataka reported all-time high number during the second wave of the infection. The state breached all its past records and also witnessed over 50,000 cases per day. The situation there is coming under control now and the single-day numbers have fallen below the 10,000-mark.The surge in the COVID-19 cases saw the state government imposing a lockdown. The lockdown has ended and the government lifted certain curbs on June 14…
• Over 4 lakh jabbed, Chandigarh to focus on vaccinating staff in malls, shops
  17 June 2021, Indianexpress.com
  With 70,000 new vaccines expected to be procured in a few days, the plan is to coordinate with market committees across the city, and organise open sessions after 12 noon for this priority group in various health and wellness centres, dispensaries and community centres in the city.Till now, 4,24,931 people have been administered the Covid-19 vaccine inChandigarh. With vaccination considered the most important tool after masking up to prevent and control new infections, the focus will now be to reach out to priority and vulnerable groups…
• News Unlock India: Malls, theatres, hotels open up, albeit with air of caution
  17 June 2021, M.dailyhunt.in
  With lockdown-like restrictions being eased across India, and a reduction in daily COVID-19 cases, businesses across the country are opening up.Malls, hotels, theatres and retail showrooms are crawling back to normalcy. However, there is a wave of caution around. With talks of a third wave of COVID-19, retail outlets and theatres are not completely open. Across the country, state governments have removed stringent movement conditions, so that customer-facing outlets like hotels and malls can open up. Timing restrictions still continue in places like Mumbai and Bengaluru…
• Kolkata malls get mixed reactions on reopening after over a month
  17 June 2021, Devdiscourse.com
  Vibes are positive but footfall is not very high due to lack of public transport and restriction on movement of private cars, Acropolis Mall head K Vijayan said.South City mall management said they received a better response this time than the first day of the reopening after lockdown 1.We had a footfall of around 10,000 today which is higher in comparison with the first day of previous unlock when we had received about 7,000 footfalls…
• Inorbit Mall Whitefield vaccinates over 458 retail partners & staffs under the #InorbitCares initiative
  17 June 2021, Businessnewsthisweek.com
  Bengaluru, June 16, 2021: As the Bengaluru city slowly embraces the unlock after the second wave of Covid 19, Inorbit Mall Whitefield organized avaccination camp for its retail partners and staff during the weekend. This initiative under #InorbitCares has been planned in association with the Retailers Association of India. The vaccination camp was set up at the Inorbit Mall’s premises following all the laid down guidelines and around 458 staffs are vaccinated so far…
• DLF Malls reopen with ‘Safety as Priority’
  17 June 2021, Ianslive.in
  New Delhi, June 17 (IANSlife) The largest chain of premium and luxury retail properties, DLF Malls, has reopened its doors to customers with fully vaccinated employees, retail partners and staff. In addition to this, malls will function as per the government set guidelines on social distancing, adhering to all restrictions, enabling the customers to shop in a secure environment. DLF Malls will now be the safest retail destination in the city…
• Business recovery: Malls, restaurants pin their hopes on faster Covid-19 vaccination
  16 June 2021, Financialexpress.com
  A quick recovery will also help some malls support their staff, many of whom had been temporarily taken off payrolls due to stretched finances. Viviana Mall, for instance, had to cut about 50% of its employee strength during the lockdown. All of them are yet to get back to work.If a shopper earlier spent Rs 1,000 on an average, he is spending Rs 1,600 now. Among product segments, electronics has already seen a near 100% recovery while departmental stores and active wear categories are clocking significant sales…
• Bhopal: Malls, restaurants reopen to low footfall; 10-30 % business on reopening day; All you need to know
  16 June 2021, Freepressjournal.in
  As per the guidelines, restaurants and gyms are allowed to admit 50% of the customers into their establishments, however, there is no fixed number of customers for malls. Restaurants and malls in the city have reopened after a gap of almost two months on Wednesday to low footfalls. The fear of infection and lack of information about the date of reopening were responsible for the poor customer response, say owners and managers of the restaurants and shops. They said that their business on the first day was 10-30% of the normal…
• Inorbit Mall Malad and Vashi Kick Off A Vaccination Drive through For Its Customers and A Special Camp For Its Brand Staff Under The #Inorbitcares Initiative
  16 June 2021, Businessnewsthisweek.com
  The most popular and loved malls in the city of Mumbai and Navi Mumbai have kicked off a drive through vaccination for its customers.In addition to this a special camp is also set up for vaccinating the brand staff. With safety of customers and employees becoming a top priority, the malls have rolled out the drive through vaccination program under #InorbitCares – an Inorbit iniative. Inorbit is taking efforts to ensure that each and every staff is vaccinated. Until now 1800 number of people have been vaccinated which include both customers and the staff…
• Kolkata malls open up after 45 days | Ground Report
  16 June 2021, News.abplive.com
  Malls in Kolkata have finally resumed. Though shopkeepers are not expecting a high footfall but, they are happy that at least they will have some business. Meanwhile, the state was under lockdown for more than 45days, and before the unlock, strict guidelines were issued. Malls will only be functioned from, 11 am to 6 pm…
• Retail sales fall 79% in May, unlock to bring relief: RAI survey
  16 June 2021, Business-standard.com
  A survey by the Retailers Association of India (RAI), released on Tuesday, shows that the fall in retail sales was sharper in May versus April amid a surge in Covid-19 infections.The decline in sales was 79 per cent in May, versus a drop of 49 per cent seen in April, as lockdown curbs increased across the country. However, RAI expects business sentiment to improve in June as the unlock programme gets underway.States such as Delhi, Gujarat, Uttar Pradesh and Maharashtra have begun unlocking businesses in June, with the process expected to accelerate in the weeks ahead…
• Malls, restaurants to reopen with 50% capacity from June 21 in Noida, Ghaziabad
  16 June 2021, Hindustantimes.com
  The Uttar Pradesh government on Tuesday decided to relax night curfew timings and allowed malls and restaurants to partially open from June 21 The Uttar Pradesh government on Tuesday decided to relax night curfew timings and allowed malls and restaurants to partially open from June 21. The new curfew timings will be from 9 pm to 7 am. Earlier, it was between 7pm to 7am. Markets will still be required to shut on weekends for sanitisation…
• Malls seek approval toresume biz next week
  16 June 2021, Deccanherald.com
  Mall managements are urging the government to allow them to reopen by June 21. Restrictions were eased on Monday after a strict 28-day lockdown.The government has said ‘essential services’ can resume, but malls and cinema halls do not fall into this category. With widespread vaccination and stricter protocols, the crowds will come back, mall managements expect. Nexus Malls owns three properties in Bengaluru — Forum in Koramangala, and Forum Neighbourhood Mall and Forum Shantiniketan in Whitefield. Manoj Singh, cluster director, told Metrolife , “Almost 95 per cent of the staff in our Bengaluru malls have been vaccinated…
• Drive-through vaccination facility kickstarts in Delhi”s Pacific Mall
  16 June 2021, Outlookindia.com
  New Delhi, June 15 (PTI) A shopping mall in west Delhi and a private hospital have jointly started a month-long drive-through vaccination facility where Covishield is being administered at Rs 780 per dose, according to a statement issued on Tuesday.The Union Health Ministry had announced on June 8 a price cap for the administration of COVID-19 vaccines in private facilities. The maximum price for Covaxin and Covishield has been fixed at Rs 1,410 and Rs 780 per dose respectively in private facilities.Pacific Mall Tagore Garden and Sri Balaji Action Multi Speciality Hospital have started the drive-through vaccination facility…
• Shopping Malls, Eateries To Open In UP From June 21
  16 June 2021, Thehawk.in
  New Delhi: With Covid cases declining steadily in Uttar Pradesh in the recent weeks, Chief Minister Yogi Adityanath has decided to further ease restrictions from June 21. According to a government spokesman, shopping malls and restaurants will be allowed to open from June 21 with 50 per cent capacity and strict adherence to Covid protocols. Parks will also be open from June 21 while street vendors will be allowed to do business as usual. However, a Covid helpdesk will be set up at all these places…
• Delhi unlock: Restaurants to reopen with 50 pc capacity; malls, markets to open daily, says Kejriwal
  16 June 2021, Yourstory.com
  “All activities, except certain prohibited ones, will be allowed from 5 am on Monday. There are also certain restricted or partly allowed activities announced last week that will continue,” Kejriwal said in an online briefing. CLAPS Restaurants with 50 percent capacity, weekly markets and religious places will reopen in Delhi from June 14, Chief Minister Arvind Kejriwal announced on Sunday, saying the COVID-19 situation has significantly come under control in the city. Salons, beauty parlours and barber shops closed since the imposition of lockdown on April 19, will also reopen from Monday, officials said…
• As crowds throng malls & train stations in Delhi, experts warn ‘rushing things can lead to Covid resurgence’
  16 June 2021, Timesnownews.com
  Doctors have said that the near-complete unlocking of the national capital is a matter of concern right now. The authorities have said that they will reimpose curbs if the cases begin to rise.New Delhi: Thousands of people were seen crowding the shopping malls and underground train stations in the national capital. Experts have now warned that such behaviour could lead to a resurgence in the number of coronavirus infections in Delhi…
• Alarm rises in India over COVID-19 risks as crowds return to malls and rail stations
  15 June 2021, Economictimes.indiatimes.com
  After a strict five-week lockdown, authorities in Delhi have fully re-opened shops and malls, and allowed restaurants to have 50% seating.Suburban rail networks can run at 50% capacity, and offices have been partially reopened. Having barely got over a devastating second wave of coronavirus infections, India was gripped with alarm on Tuesday over risks of a resurgence as crowds thronged railway stations and shopping malls a day after major cities relaxed curbs on movement…
• India UP allows malls, restaurants to open with 50 per cent capacity
  15 June 2021, M.dailyhunt.in
  Lucknow, June 15: The corona curfew will be further relaxed in Uttar Pradesh, which have been in place to check the spread of COVID-19.According to the latest relaxation, the night curfew timing has been revised to 9 pm to 7 am. The decision was taken during a high-level meeting chaired by UP CM, Yogi Adityanath. As per the latest relaxations, restaurants and malls have been allowed to open with 50 per cent of their capacity by following all necessary protocols…
• Alarm rises in India over COVID-19 risks as crowds return to malls and rail stations
  15 June 2021, Devdiscourse.com
  Having barely got over a devastating second wave of coronavirus infections, India was gripped with alarm on Tuesday over risks of a resurgence as crowds thronged railway stations and shopping malls a day after major cities relaxed curbs on movement. | Updated: 15-06-2021 15:42 IST | Created: 15-06-2021 15:42 IST SHARE Having barely got over a devastating second wave of coronavirus infections, India was gripped with alarm on Tuesday over risks of a resurgence as crowds thronged railway stations and shopping malls a day after major cities relaxed curbs on movement…
• Retail sales in India down 79% in May this year as compared to May 2019: Survey
  15 June 2021, Cfo.economictimes.indiatimes.com
  Retail sales in India slumped by 79% in May compared to the same month in pre-pandemic year of 2019, survey by the Retailers Association of India (RAI) showed. The study said that sales of food and grocery business dropped by 34% for the month compared to the same period in 2019.Retail sales in India slumped by 79% in May compared to the same month in pre-pandemic year of 2019, a new survey showed…
• Covid restrictions: Liquor not allowed to be served in hotels, restaurants in Delhi
  15 June 2021, Newindianexpress.com
  All liquor shops in markets, malls and market complexes (outside containment zones) are allowed to operate between 10 am to 8 pm, it said.NEW DELHI: Booze lovers will have to wait for some more days before they could enjoy drinks at their favourite spots, as serving liquor at bars in hotels, clubs and restaurants in the city is yet not allowed, clarified Excise department.With a significant improvement in the COVID-19 situation in the national capital, liquor shops and restaurants that were closed after the imposition of lockdown in April have reopened now…
• DLF Malls re-opens properties, vaccinates staff, retail associates
  14 June 2021, Livemint.com

  On Monday, Delhi eased some more curbs for markets – doing away with its earlier odd-even formula for malls and markets. Malls have been seeking relaxations, as businesses have faced significant losses amid lockdowns DLF Avenue in Saket, DLF Promenade in Vasant Kunj, DLF Emporio in Vasant Kunj, The Chanakya- Chanakyapuri and DLF CyberHub in Gurugram opened to the public on 7 June, having remained shut since the lockdowns began in April. Meanwhile, DLF Mall of India, Noida is yet open as the Uttar Pradesh government is yet to remove restrictions on opening up of shopping centres…

• Phoenix Mills vaccinates 15,000 personnel across malls, residential, office projects
  14 June 2021, Hr.economictimes.indiatimes.com
  The company has organized vaccination drives covering its employees, their family members, retail staff, contractual staff and third-party associates across India spanning 9 malls in 6 cities and commercial properties, Phoenix Mills said in a release. June 14, 2021, 19:59 IST The Phoenix Mills India ‘s largest retail-led mixed-use asset developer and operator, has vaccinated over 15,000 employees, associates and retailer staff through vaccination camps held at all Phoenix malls across the country and aims to vaccinate more personnel through this drive. “India’s war against the pandemic is on two fronts: health and recovery in commercial activity…
• Growel’s 1O1 Mall inoculates employees ensuring super safe shopping
  14 June 2021, Apnnews.com
  Ahead of the reopening of the malls under the Break the Chain order of the Maharashtra Government, Growel’s 1O1 Mall, Suburban Mumbai’s favourite Family destination, with support of the MCGM organised a COVID – 19 Vaccination drive to inoculate the mall’s employee and staff members on Sunday, June 13, 2021.Growel’s 1O1 Mall has been ensuring a safe shopping environment for its customers and its employees & staff members. Throughout the pandemic, the mall has adhered to stringent protocols and SOPs to ensure outmost hygiene and safety…
• Karnataka High Court Refuses To Entertain Plea For Free Car Parking Space In Malls, Multiplexes
  14 June 2021, Livelaw.in
  “Somebody incurs a cost for maintaining the parking space at a cinema hall. How can it be free?”, the bench asked. The Karnataka High Court on Monday refused to entertain a petition filed by a social activist seeking directions to the authorities to ensure that Commercial Complexes (Malls), do not collect parking fee/charges from their customers/visitors. A division bench of Chief Justice Abhay Oka and Justice Suraj Govindaraj allowed the counsel appearing for petitioner Dinesh Kalahalli to withdraw the petition…
• DLF Malls reopen with ‘Safety as Priority’ yet again; ensure vaccination for all employees and partners
  14 June 2021, Apnnews.com
  DLF Malls,the largest chain of premium and luxury retail properties has reopened its doors to customers with fully vaccinated employees, retail partners & staff. In addition to this, malls will function as per the government set guidelines on social distancing, adhering to all restrictions, enabling the customers to shop in a secure environment. DLF Malls will now be the safest retail destination in the city.DLF Avenue- Saket, DLF Promenade- Vasant Kunj, DLF Emporio – Vasant Kunj, The Chanakya- Chanakyapuri and DLF CyberHub- Gurugram opened its doors to the public on 7 th June…
• Covid-19 curbs till June 30; offices, restaurants to open with restrictions
  14 June 2021, Millenniumpost.in
  Kolkata: Extending the safety restrictions in view of Covid until June 30, the Mamata Banerjee government announced a set of relaxations in order to facilitate the resumption of economic activities allowing the functioning of government and private offices, restaurants and retail shops in shopping malls by following the set guidelines.Chief Minister Mamata Banerjee said: “We need to look at saving lives and restoring jobs. So, it is better to allow certain activities instead of a complete shutdown.” She has also stated that already two crore people in the state have been vaccinated…
• All markets and Malls to open in Delhi today after further easing of restrictions
  14 June 2021, Newsonair.com
  All markets and Malls will open in the national capital from today with certain restrictions. Delhi Chief Minister Arvind Kejriwal announced more relaxations in lockdown restrictions as a part of reopening the National Capital in a phased-manner. As per the new directions, all market complexes and malls can now re-open from 10 am to 8 pm without following the odd-even criteria. The restaurants will be allowed to open at 50 per cent seating capacity from today. Mr Kejriwal announced that weekly markets will resume activity, but only one market will open in one zone…
• Malls, restaurants in Delhi can now open: All you need to know about Covid curbs
  13 June 2021, Hindustantimes.com
  Covid-19 lockdown in Delhi: All educational institutions such as schools, colleges and other academic organisations will remain shut, the CM said. All kinds of religious, social and cultural gatherings will also remain suspended. Delhi chief minister Arvind Kejriwal on Sunday announced that the city will ease its ongoing lockdown in view of the declining cases of the coronavirus disease (Covid-19) from Monday. “After 5am tomorrow, all activities will be allowed except some activities that will be prohibited and some activities that will be done in a restricted manner…
• Inorbit Malls to vaccinate all employees through #InorbitCares initiative
  13 June 2021, Indiaretailing.com
  Inorbit Malls Pvt Ltd has an ongoing Covid-19 vaccination drive for its employees, retail partners as well as visitors at its centers in Mumbai, Bengaluru, Hyderabad and Vadodara.The company kicked off the vaccination drives under #InorbitCares initiative, under which, it aims to have each and every employees, retail staff and agency workers vaccinated.The multi-city vaccination drives is being conducted in collaboration with local bodies. Inorbit Hyderabad is one of the first malls in the city to roll out a vaccination camp for the employee and retail staff…
• No Further Relaxations in Mumbai: Rain, Influx of Migrants May Hamper Covid Protocol, Says BMC
  12 June 2021, Msn.com
  The same restrictions will continue across the city, which is to see no fresh relaxations in curbs for now. The decision comes even as many cities like Pune and Nagpur are set to open up further owing to a decline in cases. Maharashtra has announced a five-step unlock plan. Under the guidelines, the state’s districts have been divided into five levels – based on weekly positivity rate and oxygen bed occupancies…
• Covid deals a huge blow to Chennai’s plans for new malls
  11 June 2021, Retail.economictimes.indiatimes.com
  Lack of investors to absorb new retail space and sales hit further by the second wave, have adversly impacted malls in and around the city. For instance, a leading construction firm that was planning a large mall in north Chennai is having a rethink as it is unable to find investors for the retail space in the present scenario. However, mall operators are bullish about a quick recovery unlike last year when malls were the first facilities to be shut down and the last to be reopened to avoid crowding in public spaces to control the spread of Covid-19…
• Shops in Pune can remain open till 7 pm, restaurants till 10 pm
  11 June 2021, Indiatoday.in
  Malls and shops in Pune will be open from Monday till 7 pm. Hotels, restaurants, and eateries can also function till 10 pm for dine-in with 50 per cent seating capacity by adhering to social-distancing norms. Amid a further dip in positivity rate, Pune will go in for more relaxations, the Maharashtra Deputy Chief Minister Ajit Pawar announced on Friday.”Since the positivity rate of Pune city has gone below the 5 per cent, the administration has decided to give more relaxations to the city,” said Pawar, who is also the guardian minister of Pune district…
• Day 2 of Chandigarh Unlock: Rush increases in malls, safety norms for a toss in markets
  10 June 2021, Indianexpress.com
  An official from the Elante Mall management confirmed, “There were at least five people who shopped for over Rs 1 lakh today.” On Day 1 of its reopening, Wednesday, Elante mall had seen a footfall of 9000 people till 4pm.The footfall in malls, clubs, and eateries of Chandigarh gradually started to pick up on Thursday, a day after their reopening after being shut for more than a month due to a Covid-induced lockdown…
• Malls across Delhi, Gurgaon ensure staff get vaccinated
  10 June 2021, Msn.com
  This week, malls and shopping centres were permitted to reopen in the two cities and have reported good footfall. While shops are running on an odd-even basis in Delhi, all stores in Gurgaon malls are open and restaurants can operate at 50% capacity. Officials said each mall has seen a footfall of at least 25,000-30,000 people on weekends, with many customers shopping at retail stores. At Ambience Mall in Gurgaon and Delhi, over five vaccination drives have been conducted since April for mall staffers and tenant staffers…
• The Progressing Retail Sector & The Way Forward
  10 June 2021, Bwmarketingworld.businessworld.in
  Strengthening the business tactics with AI-empowered services, facial recognition, voice commands, digital logins and many other features, the retail sector seems to be taking the road to exploration The retail industry in India has been flourishing by the day. The sector is witnessing new horizons of success, thanks to the transformation that technology has brought to the country. The technological revolution in India has been aiding the retail industry to cut through the obstacles and resolve the conventional challenges to expand the reach and the profitability of the industry…
• Wake-up Call
  10 June 2021, Businesstoday.in
  As business came to a standstill during last year’s lockdown, food retail companies and restaurants embraced technology to stay afloat Mumbai-based fine-dining restaurant, Bombay Canteen’s Mother’s Day Brunch, along with fancy cocktails and music, is something many upmarket residents of Maximum City look forward to every year. However, for the second consecutive year, Mother’s Day had to be celebrated indoors because of the lockdown…
• Chandigarh: Many bars still closed, but Sukhna Lake, Elante Mall report good response
  10 June 2021, Msn.com
  Even though the Chandigarh administration has allowed bars in the city to reopen with up to 50% seating capacity, many outlets remained closed onTuesday even as a moderate rush of people was seen at the Sukhna Lake and at the Elante Mall. Chapter head of the National Restaurant Association of India (NRAI) and proprietor of Pyramid at Elante Mall, Sunveer Sondhi, said, “We welcome the orders of the Chandigarh administration, but we didn’t open on Tuesday. Most of the staff had gone back to their native villages, so many places are facing manpower crunch…
• THE FUTURE OF MALLS
  09 June 2021, Face2news.com
  By Rishabh Mehra, Founder, Digital Mall of Asia This age-old question of staying relevant never gets old, as the malls 10 years ago were battling the same questions as they are now. In the year 2011, there was an article in Harvard Business Review magazine about what will happen in the next five years in technological advancements and how the future of retail will shape accordingly…
• Select CITYWALK publishes detailed SOPs for retailers, visitors
  09 June 2021, Indiaretailing.com
  Leading shopping centre Select CITYWALK, which reopened in part on June 7 after nearly two months of being non-operational, has pledged to adhere tofollowing strict SOPs as per government directives to ensure utmost safety, sanitization and social distancing as required for the post-COVID-19 environment.The detailed SOPs will cover requisite parameters across public spaces, retailer and visitor guidelines etc. Business hours at the mall will be limited to 10 am to 8 pm on an odd-even basis, with one half of the outlets open on odd days and the rest open on even days…
• Phoenix Marketcity Bengaluru Vaccinates All its Staff Against COVID-19
  09 June 2021, Apnnews.com
  Published on June 9, 2021Bengaluru,: Phoenix Marketcity, city’s renowned lifestyle engagement destination organized a vaccination drive for all its direct & indirect staff against COVID-19 to ensure the safety of its team and to provide the safest shopping environment for its customers when it reopens once the state government lifts the lockdown restrictions.Recognizing the prime importance of immunization, the mall management organized the first of its kind vaccination drive which covered all its direct & indirect staff including retail partners, Frontline workers, priority groups such as security, housekeeping, parking, engineering staff…
• Advisory committee bats for phased unlock in Karnataka after June 14
  09 June 2021, Coastaldigest.com
  Bengaluru, June 9: The Technical Advisory Committee (TAC) formed by the State government has recommended a gradual unlocking of activities across Karnataka, as the Covid-battered state gets ready to take small steps towards normalcy after June 14, when the lockdown is scheduled to end.The committee — which submitted its recommendations to the government on the unlock process on Monday — suggested the chief minister allow shops, malls, hotels to open for four hours initially. But it recommended against opening up places of worship, swimming pools and others till the end of June…
• Malls start vaccination of retailers
  08 June 2021, Timesofindia.indiatimes.com
  Kolkata: Two malls organised vaccination drives for their retail employees on Tuesday. Two more are slated to hold their camps later this week. They have been asked by the state government to ensure that all retailers and their staff are vaccinated before malls are given the permission to reopen. Mall developers are expecting that the go-ahead from the government would be given from June 16.City Centre 1 (Salt Lake) and Acropolis Mall started their drives on Tuesday. Quest Mall has finished collating its data and will hold its camp for the retailers and their staff on Thursday and Friday…
• Chandigarh allows bars, restaurants, gyms to open
  08 June 2021, Indiatvnews.com
  The Chandigarh administration on Tuesday ordered extension of Covid-19 restrictions with major relaxations, including allowing functioning of bars, restaurants, gyms and spas with 50 per cent capacity for the first time after over a month of closure.Chandigarh allows bars, restaurants, gyms to openThe Chandigarh administration on Tuesday ordered extension of Covid-19 restrictions with major relaxations, including allowing functioning of bars, restaurants, gyms and spas with 50 per cent capacity for the first time after over a month of closure. All shops will open from 10 a.m. to 6 p.m. by ensuring Covid protocol…
• Hotels, cinema halls and malls will operate at 50% capacity: Thane
  08 June 2021, Hospitalitybizindia.com
  HBI Staff | HyderabadAccording to HT, The Thane Municipal Corporation (TMC) has issued an unlock notification based on the level 2 guidelines of the state government, which will come into effect from Monday. The Kalyan Dombivli Municipal Corporation (KDMC) has also issued a level 3 unlock notification in its limits.In Thane, the hotels, cinema halls and malls will be operational with 50% capacity. Local services are not allowed, while public places, open ground and morning walk are permitted…
• Saving Retail In India From The Impact Of The Pandemic
  07 June 2021, Outlookindia.com
  The continuous lockdowns, ban of public gatherings have created a disruption in the retail sector driving irreversible trends in the way we all shop.While India battles the coronavirus with aggressive vaccination drives, another battle ensues within business communities. Unfortunately, there is no vaccination or a quick fix here. The continuous lockdowns, ban of public gatherings have created a disruption in the retail sector driving irreversible trends in the way we all shop…
• ‘United By Blood’conducts another instalement of’vaccination in car’ at Mohali mall
  07 June 2021, Nationalheraldindia.com
  ‘United By Blood’has earlier helped match patients by connecting them with plasma donors and has also provided oxygen through its OxyTaxi programmeAfter several successful chapters in Delhi and NCR, the Vaccination in Car initiative of United By blood conducted another instalment of its drive-through at Bestech Square Mall, Mohali on Saurday. The United By Blood initiative spearheaded by Abhishek Singh, IAS, is making a significant difference in the COVID scenario of the National Capital Region…
• India Maharashtra Unlock: Restaurants, malls allowed to reopen as 5-level unlock begins | All you need to know
  07 June 2021, M.dailyhunt.in
  Mumbai | Jagran News Desk: Maharashtra government on June 4 announced a detailed 5-level unlock plan based on the severity of COVID-19 spread, itspositivity rate and availability of the Oxygen beds in the specific areas concerned. In an order published late in the night, the state government said that restrictions will vary from district to district with Level 1 districts set to have minimum restrictions and Level 5 maximum, starting Monday. At its onset, from Monday, June 7 onwards, eighteen districts in Maharashtra will see Level-1 of unlocking, five will have Level-2 of unlocking…
• Delhi unlock: Markets, malls reopen on odd-even basis
  07 June 2021, Financialexpress.com
  The Delhi Metro, the lifeline of the city, also resumed service with 50 per cent seating capacity and nearly half of its train fleet running from early morning.Police and the district administration have formed teams to ensure no Covid norms are broken as the markets, malls and complexes reopen from 10 am to 8 pm. ( Photo source: PTI)Jolted by the devastating second wave of the COVID-19 pandemic, the national capital moved slowly towards normal life as markets and malls reopened after nearly two months on Monday morning…
• Delhi unlock 2.0: Kejriwal appeals to people to follow Covid guidelines as Metro, markets reopen
  07 June 2021, Oneindia.com
  Kejriwal on Saturday had announced further relaxations in the lockdown, and said Delhi Metro would operate at 50 per cent capacity and markets and malls in the national capital would open on an odd-even basis from June 7.”Many activities are resuming in Delhi from today. But take all the precautions to prevent corona completely – wear a mask, keep social distance and keep washing hands, there should be no laxity at all,” he said in a tweet in Hindi…
• Bio-safe retail: DLF Malls to inoculate employees, tenants
  06 June 2021, Vishvatimes.com
  To usher in the novel concept of bio-safe retail spaces, DLF Malls has initiated a drive to not just inoculate its own employees, but also its tenants. The novel concept envisages hygienic and bio-safe zones with vaccinated front and back-end employees, thereby instilling confidence in the consumers. Accordingly, the company plans to inoculate around 10,000 employees, associates and partners across 10 of its properties in different parts of India ‘free of charge’…
• Bars, restaurants, malls allowed to function with limitations in Bengal
  06 June 2021, Dailyworld.in
  Kolkata, June 3: With the number of Covid cases shrinking steadily for the last one week, the West Bengal government has decided to give further relaxations, allowing bars, restaurants and malls to function with limited facilities. Chief Minister Mamata Banerjee announced the relaxations in her meeting with different chambers at the state secretariat on Thursday. Accepting the request of the chambers, Banerjee said, “Covid-19 contagion is declining in West Bengal following the imposition of restrictions. Restaurants can be open for three hours in the evening from 5 pm to 8 pm provided the people working there are vaccinated.”…
• Chennai malls Phoenix MarketCity, Palladium vaccinate 1,500 employees and retail partners
  05 June 2021, Timesofindia.indiatimes.com
  CHENNAI: The management of two leading malls in Chennai — Phoenix MarketCityand Palladium – carried out the third vaccination drive for its employees and retail partners on Saturday. As many as 600 were given the Covid-19 vaccines on Saturday. The mall has given 1,500 shots so far.Pooja Patti, centre director, Phoenix MarketCity and Palladium Chennai, said the safety of their employees and retail partners was of utmost importance to the management…
• ‘Better than nothing’: Delhi traders unhappy with odd-even formula to open markets
  05 June 2021, Indianexpress.com
  The Delhi government has said shopping malls and markets will open from 10 AM to 8 PM Monday onwards as unlocking begins.Traders in the city Saturday expressed apprehensions and disappointment over the Delhi government’s decision to open markets on an odd-even basis from Monday, but said it was “better than nothing”.The Delhi government has said shopping malls and markets will open from 10 AM to 8 PM Monday onwards as unlocking begins…
• Delhi eases lockdown curbs; markets, malls to reopen on odd-even basis
  05 June 2021, Moneycontrol.com
  Delhi lockdown update: Markets, malls will reopen on an odd-even basis.Delhi Chief Minister Arvind Kejriwal (Image: ANI)Delhi Chief Minister Arvind Kejriwal (Image: ANI)Delhi Chief Minister Arvind Kejriwal on June 5 announced that lockdown will continue in Delhi with some relaxation in other activities. “Markets, malls will reopen on an odd-even basis,” Kejriwal said…
• Phoenix Marketcity and Palladium Ramps up Its Vaccination Drive
  05 June 2021, Businessnewsthisweek.com
  Chennai, 4 th June 2021: Phoenix MarketCity and Palladium, Chennai’s iconic destination for best shopping, dining and entertainment experience, organized its third vaccination drive, to ensure the safety and well-being of employees and retail partners.In an endeavour to enable vaccination for all and to safeguard it’s front-line workers, the mall has inoculated 1500 vaccination shots so far.Continuing to support the employees and retail partners, Phoenix MarketCity & Palladium administered vaccines to a total of 600 employees and retail partners as part of its third vaccination drive, which took place today…
• Drive-through vaccination camp at south Delhi mall
  05 June 2021, Outlookindia.com
  New Delhi, Jun 4 (PTI) A two-day drive-through vaccination camp for people aged 18 and above was on Friday inaugurated at a plush mall in south Delhi”s Vasant Kunj, its organisers said.The camp, set up in the mall”s parking lot, is being run by a leading private facility in partnership with an NGO, they said.”A temporary drive-through vaccination centre for people aged 18 and above was inaugurated today (Friday). It will run for a total of two days,” a spokesperson of Apollo hospital here said, adding that the camp was located in Ambience Mall…
• Drive-in vaccination starts at Quest Mall
  05 June 2021, Millenniumpost.in
  KOLKATA: People in the city can now drive into a mall for getting themselves inoculated with the state Health department in collaboration with Kolkata Municipal Corporation (KMC) and a private hospital starting ‘Drive in Vaccination’at Quest Mall from Friday. The arrangement allows a person to drive into the mall’s car parking lot and get vaccinated right inside the vehicle free-of-cost.Firhad Hakim, who is the Chairman of Board of Administrators, KMC flagged off the initiative and launched ‘Oxygen on Wheels’for his own constituency, Kolkata Port. State Health Secretary Narayan Swaroop Nigam and KMC Commissioner Binod Kuamr was also present…
• ‘Malls, Shopping Centres Needs To Be Allowed To Reopen In A Controlled Manner’: RAI
  04 June 2021, Realtynxt.com
  Economic revival is intertwined with the revival of retail businesses, especially large formal retail spaces, which are the drivers of consumption, RAI said in a statement.Retailers Association of India (RAI) on Thursday said formal retail, malls, and shopping centres across states need to be allowed to reopen in a controlled manner as these are essential for the revival of the economy from the impact of Covid-19 pandemic.Economic revival is intertwined with the revival of retail businesses, especially large formal retail spaces, which are the drivers of consumption, RAI said in a statement…
• Drive into mall to get the jab
  04 June 2021, Timesofindia.indiatimes.com
  Kolkata: Kolkatans can now drive into a mall for a vaccine shot without even having to leave their vehicles. Quest Mall will flag off the unique drive on Friday that allows visitors to drive their four-wheelers into the mall’s car park and get vaccinated right inside the vehicle. All they need to do is register for the shot on the Co-Win portal, then on a WhatsApp number (8335999000) and carry the ID mentioned in the registration.It is the Kolkata Municipal Corporation (KMC) which will be providing the vaccines – 400 a day – to the Quest authorities…
• Eateries, malls may be allowed to reopen after staffers get jab in West Bengal
  04 June 2021, Timesofindia.indiatimes.com
  Poddar later told TOI that vaccination was being carried out in association with the state tourism department (Representative image)Poddar later told TOI that vaccination was being carried out in association with the state tourism department… Read MoreKOLKATA: The state may shortly allow restaurants and malls, shut since May 1, to resume operations after vaccinating their staff, chief minister Mamata Banerjee indicated at an interaction with businessmen at the state secretariat on Thursday…
• RAI seeks re-opening of malls, shopping centres in controlled manner
  04 June 2021, Outlookindia.com
  New Delhi, Jun 3 (PTI) Retailers Association of India (RAI) on Thursday said formal retail, malls, and shopping centres across states need to be allowed to reopen in a controlled manner as these are essential for the revival of the economy from the impact of COVID-19 pandemic.Economic revival is intertwined with the revival of retail businesses, especially large formal retail spaces, which are the drivers of consumption, RAI said in a statement….
• Kolkata to get its first drive-through vaccination centre
  03 June 2021, Theweek.in
  Kolkata will get its first drive-through vaccination centre, which will begin operations at a shopping mall in the central part of the city this week, an official said on Wednesday.The facility will be launched by the Kolkata MunicipalCorporation at Quest Mall in Park Circus for the 45-plus age group, he said.People will be allowed to book their slots through theWhatsApp bot of the KMC from Thursday, the State e-GovernanceMission Team (SeMT) official said.Maximum four persons will be allowed to be vaccinated per four-wheeler and they would not need to step out of the vehicle, he said…
• Phoenix Mills and GIC to form investment platform for development of malls in India
  02 June 2021, Business-standard.com
  Phoenix Mills (PML) and GIC, Singaporefs sovereign wealth fund, today announced the execution of definitive documents to form a strategic investmentplatform, to develop, own and operate retail]led, mixed]use developments in India. Earlier in December 2020, PML had announced signing of a non]binding term sheet with GIC for formation of this retail]led, mixed]use platform.PML through its subsidiaries, Offbeat Developers (ODPL), Graceworks Realty & Leisure(GRLPL) and Vamona Developers (VDPL) and GIC will be parties to the transaction (hereinafter, ODPL, GRLPL and VDPL together referred to as gPML Subsidiariesh)…
• Malls are open but face Covid blues in Hyderabad
  02 June 2021, Newindianexpress.com
  Since shoppers mostly prefer to visit the malls during the afternoon and evening hours, the usual buzz was missing at the malls.HYDERABAD: Shopping malls, retail shops, gaming zones and food courts which were earlier abuzz with families and children, sported a deserted look as they resumed operations following a further easing of lockdown timings. Some of the malls including Inorbit Mall, Forum Sujana Mall, and Lifestyle, Begumpet were opened on Monday, while a few centres like GVK One Mall, Banjara Hills were opened on Tuesday. Most of them stayed open between 9 am and 1 pm…
• Mumbai: Relaxation in curbs won’t create big revenue for retailers, says Retailers Association of India
  01 June 2021, Cnbctv18.com
  As COVID-19 cases dip in Mumbai, the Brihanmumbai Municipal Corporation (BMC) has eased certain restrictions in the city.Essential services shops will now be allowed to remain open from 7 am to 2 pm as opposed to 7 am to 11 am earlier. Non-essential shops will also be allowed to reopen with an alternating system where shops on the right side of the road will be allowed to remain open on Mondays, Wednesdays, and Fridays while those on the left may remain open on Tuesdays and Thursdays. However, non-essential shops will remain shut on weekends…
• Urban Indians likely to adopt AR/VR solutions for retail shopping
  01 June 2021, Afaqs.com
  YouGov’s new report offers an overview of impact of Covid-19 on shopping attitudes and behaviours across 17 markets. YouGov’s latest report ‘ is based on more than 18,000 interviews and provides a high-level analysis of the impact of Covid-19 on shopping attitudes and behaviours across 17 markets. India is among the leading countries to show interest in adopting innovative technologies like AR/VR (Augmented Reality/Virtual Reality) for retail shopping…
• ‘Ultra-Tight’ Inventory Raises Hopes For Top Shopping Malls
  01 June 2021, Bloombergquint.com
  A national lockdown to contain India’s first wave of the pandemic shut down shopping malls for months last year. Yet, vacancies at premium commercial properties hardly rose.Landlords don’t see that happening even during the ongoing second surge of Covid-19 that has prompted malls to close again.Vacancy levels are likely to remain range-bound in the short term despite the second wave, imposition of restrictions and closure of malls a… BloombergQuint Missing BloombergQuint’s WhatsApp service? Join our Telegram channel or activate Website Notifications…
• Malls reopen after five weeks, see few customers
  01 June 2021, Hindustantimes.com
  Malls in the city reopened on Monday after nearly five weeks with few customers patronising their outlets due to apprehensions over Covid-19 spread Malls in the city reopened on Monday after nearly five weeks with few customers patronising their outlets due to apprehensions over Covid-19 spread. On Sunday, the district administration issued an order permitting the reopening of malls between 10am and 6pm, on the condition that they develop an app to regulate the footfall and ensure that occupancy did not exceed one person per 25 square feet…
• Infiniti Mall Associates with BMC for Free Drive-in Vaccination
  31 May 2021, Eventfaqs.com
  Infiniti MallInfiniti Mall (Malad) in association with the Brihanmumbai Municipal Corporation (BMC) inaugurated its free drive-in Covid19 vaccination facility for citizens over 45 years of age from 28 May 2021. The ongoing facility is operational at the mall premises from 10 am to 5 pm.Infiniti Mall has also collaborated with Together Everyone Achieves More (T.E.A.M.), a student-led NGO on a vaccination campaign. Launched with the drive-in vaccination facility, the campaign seeks to educate people on the importance of vaccines and encourage them to get the jab, debunking myths and misconceptions.T.E.A.M…
• Staring at huge losses, malls seek to reopen as Mumbai begins unlock
  31 May 2021, Business-standard.com
  Some of Mumbais top malls are asking for organised shopping spaces to be reopened even as shop timings will be extended in the financial capital in June. As part of unlock programme, the Maharashtra government on Sunday extended the timing of essential stores…
• Covid-19: Curbs extended in Haryana, but malls & hotels to open
  31 May 2021, Hospitality.economictimes.indiatimes.com
  Hotels have been allowed to open, but banquets and conference rooms will stay shut for guests. Restaurants will also not be open for dining. The Haryana government on Sunday extended the lockdown across the state by more than a week till June 7. In an order issued on Sunday, the government said though the positivity rate had come down, the restrictions must continue to bring down the fatalities. In the new set of guidelines, malls have been allowed to open, but with restrictions on the number of visitors…
• Centre expands scope of ECLGS amid COVID-19 second wave – Moneycontrol
  30 May 2021, Indiafinancenews.com
  Validity of ECLGS was extended to September 30, 2021, or till guarantees for an amount of Rs 3 lakh crore are issued Representative imageThe Centre on May 30 further expanded the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) amid the economic disruption caused by the second wave of COVID-19 pandemic…
• Covid-19: Lakhs of people pushed back into poverty, desperation
  30 May 2021, Deccanherald.com
  When T M G Kumar shut the doors of his garment factory in April, all 40 of his employees returned to their villages, for the second time in a year.He fears these workers, who were trained and skilled, would not return as Covid-19 had affected their livelihoods twice now. Adding to his worries is the Rs 20 lakh loan that he borrowed from a private money lender, which has now swollen to Rs 25 lakh. Work orders have continued to dry up over the last year, making his future uncertain and volatile. Tales of distress cut across sections…
• Chaos in Gurugram during drive through vaccination campaign
  29 May 2021, Prokerala.com
  Gurugram, May 29: People in the 18 plus age group on two wheelers created a ruckus at the ‘Drive Through Vaccination’drive in Gurugram on Saturday after they came to know that the campaign was being held only for car occupants.The drive, which was organised by the district health department in association with Park+ and MGF Mega city mall, was held at the mall’s parking lot.The 18 plus age group people who reached the vaccination venue on two wheelers held a protest for around half an hour starting at around 11 after they were denied entry inside the mall premises…
• Business News | Phoenix, CPP Investments to Develop Retail Centre in Kolkata
  29 May 2021, Latestly.com
  Mumbai (Maharashtra) [India], May 29 (ANI) Retail mall developer Phoenix Mills Ltd (PML) and Canada Pension Plan Investment Board have announced execution of definitive documents for a new joint venture to develop a regional retail centre at Alipore in Kolkata.CPP Investments will commit to invest Rs 560 crore in Mindstone Mall Developers Pvt Ltd in tranches for an ultimate equity stake of 49 per cent.With the funds invested by CPP Investments and PML, Mindstone will develop a retail centre with a potential leasable area of 10 lakh sq ft. The target completion date is for the second half of 2024…
• COVID-19 second wave: 7.5 million jobs lost; here’s which sector was hit badly
  28 May 2021, Msn.com
  The second wave of COVID-19 has taken a heavy toll on employment as restrictions to control the second wave of the pandemic has crippled businesses. About 7.5 million jobs have been lost across sectors in February-May 2021, data compiled by Moneycontrol based on estimates of hiring consultants showed. This is the worst-ever loss of jobs in India since liberalisation. The 2007-2009 financial crisis had a relatively smaller impact, with about 5 million jobs lost…
• Delhi malls turning into drive-through vax centres
  28 May 2021, Timesofindia.indiatimes.com
  Since the last couple of weeks, several malls across NCR have turned into drive-through vaccination centres. While Gurgaon and Noida saw these camps set up in malls earlier this month, Delhi saw its first drive-through vaccination camps this week at malls in Saket and Dwarka and a stadium in Model Town. People who got their shot walk us through their experience:Pranav Jawa, a PG student and a resident of GK II, says, “There were three locations to choose from for the drive-through vaccination, and I chose a mall in Saket…
• Infiniti Mall in association with BMC inaugurates free drive-in vaccination
  28 May 2021, Mediabrief.com
  The state has been witnessing the dreadful wave of the coronavirus with unparalleled rise in cases. Vaccinating and inoculating citizens has become the need of the hour and utmost priority of government bodies. Infiniti Mall (Malad) in association with the Brihanmumbai Municipal Corporation (BMC) kick-starteda drive-in vaccination facility for citizens in the lower ground (LG) parking lot from 28th May 2021. Municipal Councillor, Smt. Jaya Satnam Singh Tiwana ji inaugurated the free vaccination drive. All citizens above the age of 45 can avail the vaccine free of cost with prior registration on CoWIN app…
• Uttar Pradesh Covid curfew likely to be relaxed from June; shopping malls, salons to stay closed
  28 May 2021, Indiatoday.in
  The partial coronavirus curfew in Uttar Pradesh, which was extended till May 31, is likely to be relaxed from the first week of June. Salons and shopping malls will stay closed, sources told India Today TV.The partial coronavirus curfew in Uttar Pradesh, which was extended till May 31 owing to the rising Covid cases in the state, is likely to be relaxed from the first week of June, sources have told India Today TV. While several Covid-induced restrictions will be eased in Uttar Pradesh, the containment zones will remain closed…
• Retailers association seeks relief for COVID-hit industry
  28 May 2021, Moneycontrol.com
  Despite urgent pleas from the trade association, the government is yet to roll out any relief measures for beleaguered retailers.Retailers Association of India (RAI) on May 27 urged the government yet again to roll out relief measures for retailers, who have been reeling from the impact of the new set of curbs imposed to contain the spread of the second wave of the COVID-19 pandemic.“Retail businesses are under tremendous financial strain due to the extended closures…
• Deliveries stopping a worrying trend for retail: Kumar Rajagopalan, RAI
  27 May 2021, Economictimes.indiatimes.com
  “Ecommerce should be allowed to be able to work because overall understanding of the whole essentials and non-essentials, it is not the same as it was last year.” This time the worrying trend is not only has the business been impacted because of the lockdowns , but also the deliveries got stopped. When we have learned our lessons, why are we stopping home deliveries?, said Kumar Rajagopalan , CEO, Retailers Association of India on ET Now’s India Development Debate…
• RAI says concerted efforts required to aid retail industry recovery
  27 May 2021, Thehindubusinessline.com
  Seeks extension of ECLGS 3.0 benefits to retailers, moratorium on principal and interest for six months, and interest subvention, among othersRetailers Association of India (RAI) on Thursday said that concerted efforts and measures are required from various agencies and authorities to aid the recovery of the retail sector which is under tremendous pressure due to the lockdown-like restrictions imposed by various states. Its recommendations include extension of benefits of ECLGS 3.0 to retail companies, offering moratorium on principal and interest for six months and interest subvention to reduce the burden of interest…
• Delhi: Drive-In COVID-19 Vaccination Centre at Select City Mall Inaugurated by Manish Sisodia (See Pics)
  27 May 2021, Latestly.com
  A drive-in COVID-19 vaccination centre at Select City Mall in Delhi’s Saket area was inaugurated by Deputy Chief Minister Manish Sisodia…
• Urban Indians likely to adopt augmented reality technology for retail shopping
  27 May 2021, Mediavataar.com
  Among the different categories, consumers are most willing to try this solution for categories like clothing and technology YouGov’s latest global report reveals that India is among the leading countries to show an interest in adopting innovative technologies like AR/VR (Augmented Reality/Virtual Reality) for retail shopping. YouGov’s ‘International Omni-Channel Retail Report 2021: Shopping in the pandemic and the implications for the future’ provides an overview of Covid-19 on shopping attitudes and behaviors across 17 markets…
• PHOENIX MARKETCTY AND PALLADIUM COMMENCES ITS SECOND PHASE OF VACCINATION DRIVE
  27 May 2021, B4umedia.in
  PHOENIX MARKETCTY AND PALLADIUM COMMENCES ITS SECOND PHASE OF VACCINATION DRIVEChennai, 26th May 2021: Ensuring the safety of the employees and retail partners, Phoenix MarketCity & Palladium has commenced the second phase of vaccination drive (18 and above) at the mall premises.In the first phase of vaccination drive which took place during March – April, Phoenix MarketCity and Palladium had successfully completed both the doses of vaccination for the employees and retail partners (45 and above) between a period of 6 to 8 weeks…
• Retail sales down 49% in April against pre-pandemic levels: RAI survey
  26 May 2021, Thehindubusinessline.com
  Sports goods, footwear, jewellery and beauty among worst-hit categoriesThe retail industry’s pan-India sales declined by nearly 49 per cent in April this year against pre-pandemic levels of April in 2019, as the country battles with the second wave of the pandemic and States imposed lockdown-like restrictions on malls, shopping centres and non-essential stores.According to the findings of the monthly business survey conducted by the Retailers Association of India (RAI), the second wave hit the country at a time when the retail industry was in the recovery mode and was inching closer to the pre-pandemic levels…
• Delhi CM Arvind Kejriwal inaugurates drive-in COVID-19 vaccination centre at Vegas Mall in Dwarka
  26 May 2021, Timesnownews.com
  Delhi Chief Minister Arvind Kejriwal inaugurated a drive-in COVID-19 vaccination centre at Vegas Mall in Sector 12 of Dwarka on Wednesday.New Delhi: Delhi Chief Minister Arvind Kejriwal inaugurated a drive-in COVID-19 vaccination centre at Vegas Mall in Sector 12 of Dwarka on Wednesday.As the centre was inaugurated, many people were seen getting the COVID vaccine shots while sitting in their cars…
• Urban Indians Likely to Adopt AR/ VR Technology for Retail Shopping
  26 May 2021, Indianretailer.com
  India, specifically, has a high interest in adopting AR/ VR solutions for clothes (67 percent) and technology/ home appliances (56 percent).Indian Retailer BureauSub EditorIndia is among the leading countries to show an interest in adopting innovative technologies like AR/ VR ( Augmented Reality / Virtual Reality) for retail shopping.YouGov’s latest global report reveals that although interest in adopting AR/ VR technology is nascent globally, it varies across categories, with clothes and technology/ home appliances being the top categories to see its adoption in the future…
• Delhi’s first drive-thru vaccination center to start operations on May 26
  26 May 2021, Thebharatexpressnews.com
  The Delhi government has partnered with Akash Healthcare Super Hospital to open its first COVID vaccination center at Vegas Mall in Dwarka. Delhi Government and Akash Healthcare Super Hospital to Open First Drive-Through COVID Vaccination Center Few cities like Mumbai, Bhopal and Indore, among others, have already set up drive-thru vaccination centers where people can get their doses inside their vehicles, being able to maintain adequate social distancing…
• India’s MSME story: Jobs, opportunities and impact of growth on the retail sector
  26 May 2021, Yourstory.com
  As a major employer of India’s informal workforce, MSMEs have been instrumental in manufacturing goods at reasonable rates, helping retailers maintain moderate margins even during the dark days of 2020. CLAPS In India, if any segment can be called the silent pillar of the economy, it is the MSME sector. A CII report reveals that MSMEs numbered 63 million units in FY20, with most located in Bharat rather than in India’s urban centres…
• Vaccination camp to be held for people with special needs
  26 May 2021, Dailypioneer.com
  In an initiative to vaccinate people with special needs, the district health department along with the Ambience Mall is going to organise a special, walk-in vaccination camp at the mall in Gurugram on Wednesday.According to health officials, the drive will begin from 11 am and 100 free slots for Covaxin will be available without any registration. The vaccine will be administered on a first come first serve basis.Giving more information about the drive, Arvind Kapoor, General Manager of the Ambience Mall told The Pioneer…
• Has The Second Coronavirus Wave Derailed India’s Mall Story?
  25 May 2021, Moneycontrol.com
  “Malls in India are going through their share of challenges following various lockdown-like measures by state governments. There is either a complete closure of the malls or they are open for restricted business activities for grocery and other essential retail services with strict timings. Since the start of the pandemic, multiplexes have either been shut or running at very low capacity…
• Cities Retail industry demands relief package
  25 May 2021, M.dailyhunt.in
  The Retailers Association of India has sought a relief package to ease the financial stress as the cash inflow to the industry has come to a standstill while fixed operating costs remain. Claiming that the Indian retail industry employs 46 million people and contributes 10 per cent of the GDP, the RAI CEO, Kumar Rajagopalan said it is a question of survival for the industry. Shiba Prasad Panda, MD, Panda Retail Pvt. Ltd., Bhubaneswar, said retail is a people intensive industry where 90 percent of the employees work at stores earning minimum wages…
• Out of business, Delhi eateries get rent shove
  24 May 2021, Hospitality.economictimes.indiatimes.com
  The second wave of the spread of the novel coronavirus has jolted the restaurant industry. With staff and diners battling Covid-19, imposition of restrictions by the government and almost no orders, many outlets have shut operations rather than looking at surviving merely on deliveries. The second wave of the spread of the novel coronavirus has jolted the restaurant industry. With staff and diners battling Covid-19, imposition of restrictions by the government and almost no orders, many outlets have shut operations rather than looking at surviving merely on deliveries…
• To boost inoculation drive, Noida to get 3 more drive-in COVID vaccination centres
  23 May 2021, Timesnownews.com
  Noida news: As per the report, the three new drive-in centres will be situated at GIP Mall in Noida, and Omaxe CP Mall and Gaur City Mall in Greater Noida.Noida: Amid the second wave of COVID-19, in order to vaccinate more and more people, the Gautam Buddha Nagar to get three more vaccination sites. On Sunday, the city administration has announced three drive-in vaccination centres in the Greater Noida region…
• Out of business, eateries get rent shove
  23 May 2021, Timesofindia.indiatimes.com
  UNcertain times: For restaurants, there has been almost no business for a monthNew Delhi: The second wave of the spread of the novel coronavirus has jolted the restaurant industry. With staff and diners battling Covid-19, imposition of restrictions by the government and almost no orders, many outlets have shut operations rather than looking at surviving merely on deliveries.However, some outlets have started receiving rent reminders from malls and standalone property owners for the month of May…
• Car News Drive-through Covid-19 Vaccination Available This Weekend In Ghaziabad
  22 May 2021, M.dailyhunt.in
  It is being organised in the parking facilities of the World Square Mall by Park+ The large parking bays of various shopping malls in metro cities are being utilised during lockdown to aid the CoVID-19 vaccination efforts. This weekend in Ghaziabad, the World Square Mall is hosting a drive-through vaccination camp for those aged 45 years or older. A vaccination appointment at the drive-through camp can be booked via the CoWIN portal…
• 45-plus can drive into mall for 1st vax dose today
  22 May 2021, Timesofindia.indiatimes.com
  Gurgaon: The district health department will hold drive-through sessions for first dose vaccination of those above 45 years of age on the weekend. While a drive-through will be conducted at DLF City Centre Mall on MG Road on saturday, another will be held at Ambience Mall on Sunday.Vaccinations will be conducted on a first-come, first-served basis. The drive will start at 10am and each day will have 500 slots. People have to register on the Co-WIN portal and bring their proof of age to get the jab.“The protocol will be the same as followed in previous drives in Gurgaon…
• Drive-in vaccination centre inaugurated at Growel’s Mall in Kandivali
  21 May 2021, Mumbailive.com
  The concept of drive-in vaccination centres has been appreciated by Mumbaikars as it has offered relief to the disabled and senior citizens in the city.Mayor of Mumbai, Kishori Pednekar, and MP from North Mumbai, Gopal Shetty, on Thursday, May 20, 2021, inaugurated a drive-in vaccination center for senior citizens. The event was organised in the presence of local MLA Atul Bhatkhalkar at Grovel Shopping Mall in Kandivali East…
• COVID-19 second wave: Restaurant’s association urges PM Modi to prioritise vaccination for its staff
  21 May 2021, Mumbailive.com
  Due to lockdown-like restrictions, the industry is facing huge losses, hence, NRAI has also asked mall owners and landlords to waive the rentals and common area maintenance charges until the time curbs continue for the dine-in business.The National Restaurants Association of India (NRAI) on Thursday, May 20, said that it has written to Prime Minister Narendra Modi to prioritise the vaccination of its frontline staff.This development comes when the nation is reeling under the massive impact of the second wave of coronavirus pandemic. At the same time, many states are also facing acute shortage of vaccines…
• Mumbai: BMC starts drive-in COVID-19 vaccination in Kandivali’s Growel’s 101 mall
  20 May 2021, Freepressjournal.in
  In an attempt to expedite Mumbai’s vaccination drive, Brihanmumbai Municipal Corporation (BMC) earlier in the month of May had opened its first drive-in vaccination facility in Dadar West. Later, the civic body opened more drive-in vaccination centres to help senior citizens and specially-abled people to get their Covid-19 vaccines while sitting in a vehicle and without standing in a queue. The decision was taken after people demanded for more such drive-in centres for senior citizens after overcrowding was reported at several walk-in facilities…
• Has the second coronavirus wave derailed India’s mall story?
  20 May 2021, Moneycontrol.com
  Mall density in India is significantly lower than that of other countries in APAC region and is likely to provide immense scope for growth over the next few years. Favourable long-term consumption trends and growth of Tier 2 and 3 markets puts the retail sector in a sweet spot over the medium to long term.Representative imageRepresentative imageMalls in India are going through their share of challenges following various lockdown-like measures by state governments…
• NRAI seeks rent waiver from landlords amid covid-19 second wave
  20 May 2021, Realty.economictimes.indiatimes.com
  NRAI has suggested that there should be a complete waiver of rentals and common area maintenance (CAM) till such a period that the market is shut for unrestricted dine-in business.NEW DELHI: National Restaurant Association of India( NRAI ) on Wednesday said it has written to all prominent mall owners and other landlords to seek their support in the wake of the disruptions caused by the second wave of the COVID-19 pandemic…
• NRAI urges mall owners to support restaurant industry
  19 May 2021, Thehindubusinessline.com
  In a letter, it has asked landlords to switch to a “pure revenue share” lease structureThe National Restaurant Association of India (NRAI) has urged mall owners to support the restaurant industry through complete waiver of rental and common area maintenance fee for the period outlets are shut for unrestricted dine-in operations.It has also urged the landlords to switch to a “pure revenue share” lease structure for the time period that restaurants are only being allowed to do deliveries, open for limited hours and need to follow limited occupancy guidelines…
• Drive-in vaccination gets good response in 1st week
  18 May 2021, Dailypioneer.com
  The concept of getting the Covid-19 vaccine while seating in cars has received a good response in Bhubaneswar so far as over 8,000 people above 45 years of age have got the jabs in five drive-through centres without standing in a queue…
• Chalet Hotels Ltd to repurpose Sahar Mumbai Retail Mall into Commercial Office space
  18 May 2021, Equitybulls.com
  The Board of Directors of Chalet Hotels Ltd at its meeting held today i.e., on May 18, 2021 has, considered and approved the discontinuation of operations at its Sahar Mumbai Retail Mall and repurposing of same as a Commercial Office space and consequently termination of the management agreement with Inorbit Malls (India) Private Limited w.e. f. today i.e. May 18, 2021 in respect of the same…
• Drive-through vaccination begins in Noida
  18 May 2021, Hindustantimes.com
  NOIDA: The Gautam Budh Nagar administration on Monday started two drive-through vaccination centres in the district — one at DLF Mall of India in Noida’s Sector 18 and another at Greater Noida Sports Complex NOIDA: The Gautam Budh Nagar administration on Monday started two drive-through vaccination centres in the district — one at DLF Mall of India in Noida’s Sector 18 and another at Greater Noida Sports Complex. More than 170 people were administered Covid-19 vaccine at the two sites on the first day of the drive that was conducted from 9am to 5pm, officials said…
• After Gurugram, Park+ ties up with Noida mall for vaccination drive-through-Business Journal
  16 May 2021, Business-journal.in
  Automated smart parking solutions firm Park+ has partnered with State governments in Haryana and Uttar Pradesh to organise drive-through vaccination for those wanting the jab. After the drive through exercise at DLF City Centre mall in Gurugram on Sunday, Park+ will make a similar option available for residents of Noida, who can get vaccinated at DLF Mall of India on Monday in the safety of their cars. The initiative, launched in association with Gautam Budh Nagar administration and DLF Mall of India, will allow citizens to get vaccinated between 9 a.m.-5 p.m…
• As Covid surge hits businesses, malls see rentals plunge
  14 May 2021, Rediff.com
  Consultants who help lease these properties say this is the steepest decline at least in a decade.Mall rentals plunged 40 to 50 per cent in top cities in the first quarter of 2021 and could fall further, according to consultants who help lease these properties, with the second wave of Covid-19 hitting businesses across sectors. This is the steepest decline at least in a decade, they said…
• RAI seeks urgent support for workers in retail industry amid Covid second wave
  14 May 2021, Hr.economictimes.indiatimes.com
  “Retailers need to pay salaries, minimum electricity, rentals, property taxes, etc. even if the businesses are shut due to lockdown. The cash inflow of the industry has come to a standstill, while the fixed operating costs remain intact,” RAI said in a statement. May 13, 2021, 21:18 IST Retailers Association of India (RAI) on Thursday said workers and businesses in the retail industry are in need of urgent support as the restrictions to combat the second wave of the COVID-19 pandemic has hit them hard…
• Retail Industry Needs Injection, Urges RAI
  13 May 2021, Bwmarketingworld.businessworld.in
  The Retailers Association of India (RAI) urges to prioritize vaccination of the Last Mile Workers and to urgently provide financial support measures Retailers Association of India (RAI) lauds all efforts of the government and the local authorities across states to curb the devastating impact of the deadly pandemic that has gripped our country. The Indian Retail Industry has been constantly supporting the government and the local authorities in the fight against COVID-19. Many retailers have come forth to serve ailing citizens and support them to the best of their capabilities…
• Where’s the investor betting for growth
  13 May 2021, Restaurantindia.in
  Lots of investments that were done in past two years were in the virtual restaurant space or the food-tech business. Short Description It is perhaps every foodie’s dream to own a restaurant. How much involvement and passion one needs to make that business happen is not everyone’s cup of tea. But, today with lots of happening in the segment and low entry barriers many entrepreneurs are betting big in the restaurant business…
• Restaurants bank on takeaways, home delivery to tide over financial crisis
  12 May 2021, Retail.economictimes.indiatimes.com
  So is the story of most of the restaurants in malls which too are closed since May 2. The biryani chains, Chinese restaurant chains are particularly doing well in home delivery. Mughlai chains like Aminia, Royal, Oudh, Arsalan, Zeeshan and Chinese chains like Chowman have witnessed brisk business in last one week while some iconic restaurants in Park Street like Peter Cat, Mocambo, Floriana, Waldorf, Moulin Rouge are also doing home delivery…
• Restaurants bank on takeaways, home delivery to tide over financial crisis
  11 May 2021, Thehindubusinessline.com
  With the healthcare system coming under pressure as the country battles the second wave, Resident Welfare Associations (RWAs) and some builders are pitching in by setting up Covid care centres in collaboration with health professionals. In fact, some malls have also collaborated with local authorities for vaccination drives…
• Now, RWAs, builders and malls pitch in to nurse Covid patients
  11 May 2021, Thehindubusinessline.com
  Meenakshi Verma Ambwani / Monika YadavWith the healthcare system coming under pressure as the country battles the second wave, Resident Welfare Associations (RWAs) and some builders are pitching in by setting up Covid care centres in collaboration with health professionals. In fact, some malls have also collaborated with local authorities for vaccination drives.Such facilities are being equipped with oxygen cylinders and concentrators to help Covid patients with mild symptoms…
• Thane: Drive-in vaccination centre to be set up at Viviana mall
  10 May 2021, Mumbaimirror.indiatimes.com
  Thane: Amid rising demands from residents of Thane, especially the senior citizens, the local civic body on Monday announced that a drive-inCOVID-19 vaccination facility will be set up at the Viviana mall in the coming days.The official handle of the Thane Municipal Corporation (TMC) tweeted that the facility will be set up in the parking of Viviana mall, which is located near the Eastern Express Highway.The drive-in vaccination facility will be made available only for those above 60 years of age, the civic body informed…
• Covid-19 pandemic: Shopping mall owners’ income dips around 50 pc in FY21
  10 May 2021, Business-standard.com

  Shopping mall owners’ revenue declined by around 50 per cent during the last fiscal as the retail sector was badly hit since the outbreak of the COVID-19 pandemic in March last year, according to real estate developers and consultants.Average monthly rentals in shopping centres have softened by 4-5 per cent across eight cities, although many malls saw rent correction of up to 25 per cent, they said.Most of the mall owners, which generally leases space in their shopping malls on a revenue-sharing model with retailers having a minimum guarantee clause, gave complete rental waiver during the April-June period of 2020…

• Drive-in Covid-19 vaccination begins in Bhubaneswar for those above 45 years

  09 May 2021, Msn.com
  Taking inspiration from the Mumbai model, the Bhubaneswar Municipal Corporation on Saturday launched its first drive-in coronavirus vaccination centre in the capital for all those aged above 45 years. The mass vaccination drive was launched at the parking area of Esplanade Shopping Mall near Rasulgarh Square in Bhubaneswar. Eligible residents who had earlier received their first jab of the facilities in Odisha were asked to drive to the parking area of the shopping mall to get the second dose of vaccine. The drive-in facility was for the second dose of Covid-19 vaccination for 45 plus age groups…

• Navi Mumbai Gets A Drive-In Vaccine Jab At Inorbit Mall
  08 May 2021, Businessnewsthisweek.com
  Mumbai: Inorbit mall, Vashi held its first-ever ‘Drive-in vaccination’ centre for 45+ (first dose only) in coordination with NMMC starting today.The LG level parking of the mall has been converted into a vaccination centre and citizens can get their jab without having to step out of their car. The Drive-in vaccination starts today for Navi Mumbai region between 10 am till 4 pm (subject to availability).The vaccination drive is currently open for all citizens above 45 years of age. The drive will be carried out in three stages – registration, vaccination, and certificate collection…
• Chief Minister B S Yediyurappa announces complete lockdown from May 10 to May 24 in Karnataka in view of alarming rise in COVID cases and related fatalities
  08 May 2021, Devdiscourse.com
  Chief Minister B S Yediyurappa announces complete lockdown from May 10 to May 24 in Karnataka in view of alarming rise in COVID cases and related fatalities…. Chief Minister B S Yediyurappa announces complete lockdown from May 10 to May 24 in Karnataka in view of alarming rise in COVID cases and related fatalities. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) Shopping malls offer to double up as vaccination centres nationally Shopping malls…
• COVID-19 in Navi Mumbai: ‘Drive-in vaccination’ for above 45 years of age group begins at mall in Vashi
  06 May 2021, Freepressjournal.in
  In a special initiative, the Navi Mumbai Municipal Corporation (NMMC) and the Inorbit Mall, Vashi held its first ‘Drive-in vaccination’ for above of 45 years age group on Thursday.The LG level parking of the mall has been converted into a vaccination centre and citizens can get their jab without having to step out of their car. The Drive-in vaccination started on Thursday for Navi Mumbai region between 9 am till 5 pm…
• How advertising and marketing trends in shopping malls have evolved
  06 May 2021, Yourstory.com
  When we speak of a great revenue stream, a large part of the figures is often attained from marketing and advertising strategies or partnerships.Marketing and advertising revenues play an extremely important role in determining strong revenue inflows for shopping malls. Given the lockdown last year, with no operations for months together, it was only in August 2020 that malls could open.Even then, it took a good amount of time for monetary recovery to get back on track. Slowly but steadily, retailers were happy with the results attained in the fourth quarter last year as footfalls increased…
• How Work-from-Home is Helping Local Retail to Grow
  06 May 2021, Indianretailer.com
  The local markets offer several advantages over Internet shopping or malls.Ravi SaxenaMD & Co Founder, WonderchefWhile the retail sector has undoubtedly suffered badly due to the Covid-19 pandemic, it has brought growth with it for a certain section of retail. The lockdown following the pandemic made corporates discover the fact that it is not necessary for their employees to travel to their offices every day. Working remotely is possible and in most cases even more productive and economically effective for both the organization and the employees…
• ‘Thalapathy 65’: Huge shopping mall set erected in Chennai for the next schedule
  04 May 2021, Timesofindia.indiatimes.com
  Vijay is currently shooting for his film ‘Thalapathy 65’, directed by Nelson Dhilipkumar.The team has successfully completed the Georgia schedule, and they are preparing to start their next schedule in Chennai. As per the latest report, a huge shopping mall has been erected in Chennai for the next schedule. Due to the lockdown-like situation, malls in the state have been shut, so the makers of ‘Thalapathy 65’ have built a shopping mall set to shoot some main sequences. Moreover, the makers haven’t enclosed the location details as fans might rush to the shooting spot…
• Mall developers bank on technology for return-to-normal
  04 May 2021, Cleanindiajournal.com
  Commenting on how the situation could unfold in coming quarters/months, Gurvineet Singh, Chief Executive Officer, Viviana Mall said, “We are focusing on recovery. We hope that with the vaccination drive which is now a priority for the Government the day will not be far where our city and our country will have herd immunity. Also like other countries, the second wave is expected to show a downward trend in the next 45-60 days, which should again infuse the confidence back in customers. We expect full recovery of sales by July 2021, provided there is no lockdown…
• How Malls are Changing Their Marketing Strategies Amid Pandemic?
  04 May 2021, Indianretailer.com
  An individual’s desires to feel relaxed, and have some leisure time for himself/ herself can only be curbed to an extent, the brands as well as customers evolved in terms of their offerings and demands, respectively.Guest authorTransformation, evolution, transition, upgradation, all these words can be rightly used, to sum up, the year 2020 in terms of Indian businesses and their functioning.Malls, entertainment centers, and other areas of rejuvenation took the most severe hit due to the ongoing pandemic…
• ‘Indian economy facing unprecedented recession’
  02 May 2021, Thehindu.com
  The Centre must encourage the retail sector to provide more jobs to youth in the backdrop of an unprecedented financial crisis brought about by the second wave of COVID-19, former Vice-Chancellor of Dr. B.R. Ambedkar University and economist Hanumanthu Lajipathirai said on Sunday.“Retail companies should focus on operational improvement instead of going in for expansion. India will be able to overcome the unemployment crisis if the retail sector is encouraged to provide more jobs to youth in Tier-II and Tier-III cities and newly-developing cities like Srikakulam and Vizianagaram,” Mr. Lajipathirai told The Hindu…
• Second wave of Covid has increased pressures on mall operator cashflows: ICRA
  01 May 2021, Content.magicbricks.com
  The retail real estate sector, which had recently begun showing some signs of recovery after being hit hard by the first wave of the Covid-19pandemic, is once again facing considerable challenges on the back of the rapidly spreading second wave, with rising Covid cases leading to increased restrictions and economic uncertainties.After having to extend rental waivers in FY21, the mall operators are once again having to extend rental waivers/concessions in the current year, given the current reduction in footfalls and consequent retail spends, particularly in geographies facing high curbs…
• Lockdown-like Covid curbs in Bengal; malls, restaurants, gyms shut till further orders
  30 April 2021, Indiatoday.in
  To check the spiralling number of Covid-19 cases, the West Bengal government has ordered the closure of all shopping complexes/malls, beauty parlours, cinema halls, restaurants and gyms till further orders.The West Bengal government, in an order on Friday, ordered the closure of all shopping complexes/malls, beauty parlours, cinema halls, restaurants, bars, sports complexes, gyms, spas and swimming pools in light of the Covid-19 situation.All social and cultural gatherings have been prohibited in the state.Only markets will be allowed to operate between 7 am and 10 am, and 3 pm and 5 pm in West Bengal…
• Bengal lockdown: Shopping malls, restaurants, gyms closed; bazars can operate for 5 hrs a day
  30 April 2021, Indiatvnews.com
  According to a government order, bazars, marketplaces will be allowed to operate from 7am-10am and 3pm-5pm. However, home deliveries will be permitted.Bazars, marketplaces in West Bengal will be allowed to operate from 7am-10am and 3pm-5pm.Bengal Covid restrictions: The West Bengal government on Friday announced closure of shopping malls, restaurants, beauty parlours, gyms, spas, and swimming pools amid rising COVID-19 cases in the state. casesAccording to a government order, bazars, marketplaces will be allowed to operate from 7am-10am and 3pm-5pm. However, home deliveries will be permitted…
• Rent collections to remain under pressure in short term for mall operators: Icra
  29 April 2021, Moneycafe.in
  Many GEO’s The weakening monetary profile of tenants, significantly of extremely impacted sectors, is exacerbating the state of affairs, Icra stated.Mall operators are feeling the cascading impact of the second wave of Covid-19, with stress on hire collections growing at the very least within the brief time period because the surge in infections has already dampened the tempo of financial restoration and once more threatens to disrupt the motion of individuals and items…
• Space inside malls and retail stores can be used for vaccination of general public: RAI
  29 April 2021, Newsbarons.com
  RAI has appealed for an opportunity to get all Employees/Salesmen of Retail Stores vaccinated on priority as they continue to serve the general public.Appreciating the proactive measures taken by state governments towards ensuring that citizens of their respective states have a steady access to essential commodities and services despite the curbs, Retailers Association of India (RAI) has appealed to the Ministry of Health and Family Welfare across state governments to treat retailers and their employees as frontline workers (FLW) and prioritise vaccinating the retail workforce that are serving inside mall premises and retail stores…
• Restaurateurs and retailers seek liquidity support to ride COVID second wave
  29 April 2021, Cnbctv18.com
  As COVID-19 cases in India continue to spike, restaurants, non-essentials and malls are shut across all major states. Most state governments have permitted only delivery and limited takeaways for restaurants.To assess the impact on business CNBC-TV18 spoke to Anurag Katriar, President at National Restaurant Association of India and Kumar Rajagopalan, CEO at Retailers Association of India.On delivery versus dine-ins, Katriar said, “It is a big misnomer that deliveries can replace the restaurant business. They can at best be an augmentation to the restaurant revenue…
• Over a million jobs at stake in garment manufacturing sector due to lockdown: CMAI president
  28 April 2021, Moneycontrol.com
  The apparel space lost about 20-25 percent jobs in the lockdown last year, says Clothing Manufacturers Association of India.The closure of apparel retail shops and shopping malls has dealt the heaviest blow to the apparel industryThe closure of apparel retail shops and shopping malls has dealt the heaviest blow to the apparel industryThe apparel retail and manufacturing segment is staring at another round of job losses in the wake of the lockdowns imposed by several state governments to contain the rapid spread of the COVID-19 pandemic…
• RAI urges govt to extend ECLGS benefits to retailers
  28 April 2021, Outlookindia.com
  New Delhi, Apr 28 (PTI) Retailers Association of India (RAI) on Wednesday asked Finance Minister Nirmala Sitharaman to extend benefits of emergencycredit line guarantee scheme to retailers while seeking a moratorium on principal and interest of all loans for up to 6 months stating that curbs due to the second wave of COVID-19 have crippled the sector.Putting forward a series of demands, RAI said around 80 per cent of the retail stores are closed due to various restrictions across states and almost Rs 75,000 crore could turn NPA if urgent measures to ease the working capital challenges…
• Retailers Association of India urges FM to step in with relief package for retailers
  28 April 2021, Thehindubusinessline.com
  Eighty per cent retail stores are closed due to restrictions by States due to the second pandemic waveWith retailers and malls facing various restrictions across States due to the second pandemic wave, Retailers Association of India (RAI) has appealed to the Finance Minister for urgent intervention in order to prevent the sector from slipping into irretrievable financial damage.Stating that retail businesses are the worst hit, the industry body said that the sector is finding it hard to survive through the immense financial stress and it is imperative that the Government steps in with requisite support…
• India must have protocols to remain on the job
  28 April 2021, Dailypioneer.com
  During the last 100 years, the country suffered many epidemics and wars but never closed down its establishmentsIndia must learn to be in a working mode during this second wave of the pandemic and not lock itself down repeatedly. After the severe productivity, jobs and economic losses last year, it should have evolved a protocol to restore normal working conditions. The present wave has come at a time when the International Monetary Fund has predicted a possible 12.5 per cent growth in 2022 for the country. A second erratic closure may throw a spanner in the works…
• Gujarat COVID Restrictions: From malls to restaurants to cinema halls, know what’s open and what’s not in all 29 cities
  27 April 2021, Msn.com
  New Delhi | Jagran News Desk: In wake of the rising COVID-19 cases across the country when almost every state is witnessing a surge in the COVID-19 graph, the Gujarat government on Tuesday announced a fresh set of restrictions and extended the night curfew to 29 cities of the state including 8 major cities. The night curfew will be imposed from 8 pm in the evening and will remain in force till 6 am in the next morning. The 9 cities where fresh restrictions were imposed are Himmatnagar, Palanpur, Navsari, Valsad, Porbandar, Botad, Viramgam, Chhota Udaipur and Veraval-Somnath…
• COVID-19: Kerala bans political, religous events; cinemas, malls, gyms to remain closed from April 27
  27 April 2021, Newindianexpress.com
  The decision was taken after an all-party meeting during which political parties unanimously agreed to continue with strict restrictions.THIRUVANANTHAPURAM: Amid rising COVID-19 cases in Kerala, the state government on Monday saidstringent restrictions are warranted and prohibited all social, political, cultural and religious events along with the closure of cinemas, malls, gyms, bars, clubs and sports complexes from April 27 until further orders.The decision was taken after an all-party meeting during which political parties unanimously agreed to continue with strict restrictions, Chie Minister Pinarayi Vijayan said at a press meet here…
• Kolkata: Mask order reissued; cop focus on markets & malls
  26 April 2021, Retail.economictimes.indiatimes.com
  “The notification on masks and following Covid protocol had to be re-issued to alert district and police administration so that they can intensify action against those flouting the rules,” said an official in the state home department.Kolkata : The order on mandatorily wearing masks in public places, initially issued on April 12, 2020, has been re-notified. On Saturday, Nabanna issued a notification saying, “Wearing facial mask has been made mandatory in public places in the current pandemic situation.”…
• Second wave to impact fashion retailers, revenue to hit pre-COVID levels only in FY23: Report
  26 April 2021, Retail.economictimes.indiatimes.com
  The rating agency said the industry was recovering well till the second wave hit and sales had touched over 70 per cent of pre-COVID-19 levels by the December quarter of 2020. “A sharp spike in the number of new COVID-19 cases since March 2021 throws up strong headwinds for the sector.”Mumbai, The second wave of coronavirus infections reported from various pockets of the country has come as a “strong headwind” to fashion retailers, and is expected to delay the recovery back to pre-COVID-19 levels till FY23, domestic rating agency ICRA said on Sunday…
• Second wave pushes pre-covid revenue levels for fashion retailers to FY23: Report
  25 April 2021, Livemint.com
  Credit profiles of retailers will improve in 2021-22 as compared to the year-ago period courtesy de-leveraging in balance sheets after capital infusions in FY21, she said. The credit profiles will remain weaker than the pre-COVID-19 levels, Suneja added. “Expectations of increasing and widespread availability of vaccines in the coming months will drive recovery of the sector’s revenues and profitability to pre-COVID-19 levels in FY23,” its co-group Head Priyesh Ruparelia said…
• Malls, theatres, gyms and bars shut from Monday in Tamil Nadu
  24 April 2021, Newindianexpress.com
  As May 2 is a Sunday, and comes under the lockdown guideline, the government will soon make that day an exception and issue a detailed safety guideline for vote counting.CHENNAI: As Tamil Nadu reported a fresh spike of a whopping 14,842 cases and 80 deaths on Saturday, the State government pressed the lockdown button to tackle the onslaught by announcing a fresh set of restrictions from Monday.According to the new guidelines, apart from continuing with the night curfew and Sunday lockdown, malls, large standalone shops and shopping complexes will remain closed on all weekdays…
• Mall developers remain steadfast on collaboration, digital innovation to ride out Covid-19 resurgence
  23 April 2021, Indiaretailing.com
  Even as Indian retail real estate and retail sectors were on verge of recovery and normalcy with business back to 80-90 percent of pre-pandemic levels, a devastating second wave of the Covid-19 pandemic has brought back the horrors of shutdowns, curfews and lockdowns. Delhi and Maharashtra have already ordered shutdowns of malls, FEC and cinemas until April 30 and with cases soaring pan-India, other state governments are expected to follow suit…
• Bengaluru: Orion mall being closed ahead of night curfew and Weekend curfew to curb the spread of coronavirus, in Bengaluru #Gallery
  22 April 2021, Socialnews.xyz
  Bengaluru: Orion mall being closed ahead of night curfew and Weekend curfew to curb the spread of coronavirus, in Bengaluru on Thursday April 22, 2021. (Photo:Dhananjay Yadav/IANS)Bengaluru: Malleshwaram flower market wears a deserted look ahead of night curfew and Weekend curfew to curb the spread of coronavirus, in Bangalore On Thursday April 22, 2021. (Photo:Dhananjay Yadav/IANS)Bengaluru: Goraguntepalya (Tumkur Road Highway) wears a deserted look ahead of night curfew and Weekend curfew to curb the spread of coronavirus, in Bengaluru on Thursday April 22, 2021…
• These sectors are likely to be hit the most by covid second wave-Business Journal
  21 April 2021, Business-journal.in
  Mumbai: As more and more states in the country impose localised lockdowns due to surging covid-19 cases, consumer-focussed sectors are likely to bear the burnt of the second wave the most. Even as a ramp-up in vaccination programme amid the brutal second wave in India may see limited economic impact, analysts said lockdowns will slow down business activities and lower spending/income. Sectors such as hotels, aviation, consumer retail, tour and travels, multiplexes and high beta sectors like autos, financials, select consumer discretionary are expected to be worst impacted, according to analysts…
• Covid-19 Crisis: Karnataka Govt Imposes Night Curfew from April 21; Malls, Cinema Halls Shut
  21 April 2021, In.news.yahoo.com
  The Karnataka government on Tuesday announced a night curfew and a weekend lockdown for the entire state to curb the spread of Covid-19.The night curfew will be in place from 9pm on April 21 to 6am on May 4. The weekend curfew will be enforced from 9 pm on April 23 to 6am April 26. However, all essential services will remain operational. Karnataka has reported 21,794 new Covid-19 infection and 149 deaths in the last 24 hours, according to the state government’s health bulletin released on Tuesday…
• Lockdown Not A Solution, Say Indian Retailers
  20 April 2021, Bwmarketingworld.businessworld.in
  Retailers Association of India has outlined the definition of a standalone store for easy reference for its retail members, state and local governments. The Retailers Association of India (RAI) has said that it appreciates the government’s intent behind trying to curb the second wave of the pandemic through various measures. However, with varied localized restrictions across states, the retail industry is beginning to see similar issues repeating in some form that were faced last year…
• Mall revenue recovery to be 80-85% of pre-pandemic level
  20 April 2021, Fibre2fashion.com
  The revenue of shopping malls in India is expected to grow 45–55 per cent this fiscal, but would still be 15–20 per cent below the pre-pandemic levels because of continuing waivers for underperforming retail segments and the possibility of fresh waivers due to mobility curbs following the second wave of the pandemic, an analysis by CRISIL Ratings has said.The new restrictions related to the second wave of COVID-19 will affect retail sales, but the debt-servicing ability of the malls rated is expected to be largely intact in the near term because of strong sponsors and healthy liquidity…
• Closure of economic activity will lead to permanent closure of businesses, job losses: RAI
  20 April 2021, Outlookindia.com
  New Delhi, Apr 20 (PTI) With varied localised restrictions being imposed across states in the wake of the second wave of COVID-19 pandemic, RetailersAssociation of India (RAI) on Tuesday said closure of economic activity at this juncture will lead to permanent closure of businesses and millions of job losses.Stating that the retail industry is beginning to see similar issues repeating in some form that were faced last year, the retailers”body said that non-essential or non-food retail and malls should be allowed to operate with strict surveillance.”Shutting down non-essential or non-food retail and malls is not the solution…
• India COVID update: Night curfew in Kerala from tonight – Malls, cinemas to shut by 7.30 pm
  20 April 2021, M.dailyhunt.in
  A high-level committee, chaired by Kerala Chief Secretary VP Joy, on Monday decided to impose a night curfew from 9 pm to 5 am starting Tuesday, forthe next two weeks in order to curb the rising spike in Covid cases in the state. “Restriction on non-essential activities and movement at night between 9 PM and 5 AM shall come into force from 9 PM of April 20, 2021”, the government order said. No gatherings of any kind will be permitted between 9 PM to 5 AM…
• Fresh Covid curbs: Sales slump, malls back to square one
  20 April 2021, Newindianexpress.com
  Online shopping likely to be expanded to avoid crowds; tuition centres, most of which were operating virtually for a year, to remain closed till situation improvesKOCHI: It’s back to square one for the shopping malls in the city, which have been slowly recovering with increased business as the new rules force them to shut shop at 7 pm from Tuesday.“For the past one year, we have been following the protocol issued by the government and will be continuing to follow it,” said N B Swaraj, Lulu Group India Media Coordinator…
• Covid vaccination camp set up in Ambience Mall in Gurugram
  20 April 2021, Dailypioneer.com
  In collaboration with the District Health Department, The Ambience Mall on the Delhi-Gurugram Expressway in Gurugam has set up a Covid vaccination camp inside it’s premises to provide free Covid jabs to visitors, nearby residents and employees of the mall.Giving more information about the drive, Arvind Kapoor, General Manager of the Ambience Mall told The Pioneer, that the camp was set up for the last three weeks on every Sunday and this week on Monday specially for the 45 plus age groups of people…
• Modern retail industry severely hit by COVID-19 second wave: SCAI
  20 April 2021, Thenewsminute.com
  The Shopping Centres Association of India (SCAI) said that the second wave of COVID-19 has severely impacted the modern retail industry. In a statement, the industry body noted that it has been urging the government to support the industry with financial waivers and allow shopping malls to operate once they reopen the other markets. In order to supplement the government’s effort in carrying out an extensive vaccination drive, SCAI has also approached the state governments to conduct the vaccination camps at malls…
• Retailers, e-commerce firms urge State govts to allow doorstep delivery of non-essentials

  20 April 2021, Thehindubusinessline.com
  Companies operating in categories driven by discretionary spends have been hit the hardest, say playersWith more and more States imposing lockdowns to curb rising Covid cases, retailers and e-commerce companies are urging State governments to allow doorstep delivery of non-essential products.States like Maharashtra, Delhi and Rajasthan, which have imposed lockdowns, are only allowing doorstep delivery of essential products such as food, pharmaceuticals and medical equipments.Manisha Sangani, Director & CEO, Just Lifestyle Private Ltd, which runs Just Watches retail chain, said, “The restrictions and lockdowns have been a setback for organised retail…

• COVID-19: Punjab extends night curfew hours, malls, cinema halls closed, check new restrictions here
  20 April 2021, Zeenews.india.com
  COVID-19: The new restrictions in Punjab will come into force from Tuesday in which curfew timing will now start from 8 pm and last till 5 am.New Delhi: The Punjab government on Monday (April 19) announced stricter measures including the extension of night curfew by an hour and closure of public spaces like bars, cinema halls, gyms, spas, coaching centres and sports complexes in the wake of the worrying surge in COVID-19 cases…
• COVID-19: Bihar imposes night curfew; educational institutes, malls, gyms to remain shut till May 15
  19 April 2021, Maharashtrasamachar.com
  Patna (Bihar) [India], April 18 : In the light of the surge in the COVID-19 cases in the state, the Bihar government on Sunday impose night curfew in the state. Chief Minister of Bihar Nitish Kumar said, “Night curfew will remain in place across Bihar from 9 pm to 5 am. All shops selling vegetables, fruits, eggs and meat will be closed by 6 pm. Restaurants and dhabas to be operational for home delivery and take away services till 9 pm.”…
• Corona Positivity Rate 25% In Delhi In A Month; Delhi Sitting On Covid Bomb: CAIT
  18 April 2021, News18.com
  The havoc of the corona epidemic is growing very fast across the country and in the wake of the rapid growth of Covid in Delhi, the Confederation ofAll India Traders (CAIT) said in a letter to LG Anil Baijal and Delhi CM Arvind Kejiwal on Sunday, demanding that a lockdown of at least 15 days should be imposed in the national capital with immediate effect and strict measures be implemented to screen people at airports, railway stations, bus stand and border points…
• Covid restrictions in Maharashtra leave retailers and restaurants in the lurch-Business Journal
  17 April 2021, Business-journal.in
  Mumbai: Having suffered losses for over seven months in 2020 following the nationwide lockdown, retailers, hoteliers, and restaurateurs are facinganother battle for survival with Maharashtra announcing more stringent restrictions to reign in the covid-19 surge. To contain the covid-19 surge, Maharashtra Chief Minister Uddhav Thackeray on Tuesday announced curfew-like restrictions on the movement of people in the state for 15 days starting 8pm on Wednesday. Maharashtra is the most severely hit state in the country, accounting for over 50% of covid-19 cases in the country, as per the union health ministry data…
• WITNESS FAIRYTALES COMING TO LIFE AT PHOENIX MARKETCITY’S VERY OWN HOLIDAYLAND!
  17 April 2021, Expressnews.asia
  Chennai: Providing a mesmerizing summer experience, Phoenix MarketCity has transformed itself into a magical Holidayland with dreamlike installations of popular characters from fairy tales!From spiraling down into Alice’s wonderland to sharing a basket of apples with Red Riding hood while running away from the big bad wolf, the surrealistic décor installations at Phoenix MarketCity’s are an absolute visual treat to escape from the reality. Also, be sure to stop by and look-out for a gleaming Pinocchio, as he rides on the dolphin with his aquatic friends…
• COVID: Restrictions likely to impact customer footfalls but have adequate stocks, say retailers
  16 April 2021, Economictimes.indiatimes.com
  Retailers and FMCG makers say they have adequate stocks at stores and warehouses and are prepared to manage the situation in the wake of fresh restrictions being imposed by various states amid a surge in COVID-19 cases. Retailers are expecting an impact on customer footfalls in their stores but said they are monitoring the stocks, and have also suggested to the government to manage the situation with the help of technology and data rather than arbitrary lockdowns…
• India Inc bracing for lockdown 2.0
  16 April 2021, Thehindubusinessline.com
  Larger companies ready with plans to face disruptions; smaller firms may bear the bruntHundreds of companies across different sectors including manufacturing, textile, consumer durables, automobile, travel, and hospitality are facing massive disruptions to business as a number of States have imposed a second lockdown to combat the second surge of Covid-19.While larger companies appear better prepared this time around with adequate stocks and alternative plans, it is the small and medium-size companies that will bear the brunt as they are yet to recover from the impact of last year’s lockdown…
• Malls, retailers need to adapt to rapid digital adoption: Siddharth Yog
  15 April 2021, Livemint.com
  ‘Digital adoption has accelerated but it would never replace the physical experience. I believe it will displace physical shopping to some degree. One will have to find ways to create experience-led shopping for which people will still gather in these centres’ Bengaluru: The second wave of the pandemic and partial lockdowns may prove to be a setback for shopping malls and offline retailers, who were recovering from last year’s impact. Just five new malls opened in the country last year, and with the spillover to 2021, 14 new malls were expected to be operational by year-end…
• COVID-19: Malls, spas, auditoriums, gyms to shut down in Delhi on weekends
  15 April 2021, Aninews.in
  Malls, spas, auditoriums and gyms will be shut down to check overcrowding at public places on Saturdays and Sundays as Delhi Chief Minister Arvind Kejriwal on Thursday announced a weekend curfew in the national capital amid a massive surge in COVID-19 cases.Curfew passes will be issued to those rendering essential services, the Chief Minister said while addressing the media here…
• CMAI appeals against another full lockdown in Maharashtra
  15 April 2021, Screenprintindia.com
  Rajesh Masand, President of Clothing Manufacturers Association of India (CMAI) said in a statement “Garment industry has been hit particularly severely by the pandemic last year. Retail, which is the lifeline of garment industry, was one of the last sectors to be opened. It has taken the industry close to a year to regain at least some semblance of pre-covid business levels. Even now our industry, unlike many others, has just about touched 70% of pre-covid levels…
• Mall Revenue Recovery To Be 80-85% Of pre-pandemic Level This Fiscal
  15 April 2021, Moneycafe.in
  Share on Facebook Share on TwitterSHEIN Many GEO’s bredcrumb bredcrumbEnterprise oi-Sunil Fernandes|Revealed: Thursday, April 15, 2021, 9:49 [IST]Income of purchasing malls is foreseen rising 45-55% this fiscal after an anticipated 45% decline in fiscal 2021. That may nonetheless be 15-20% beneath the pre-pandemic ranges due to persevering with waivers for some underperforming retail segments and the opportunity of contemporary waivers throughout segments attributable to mobility curbs following the second wave of the Covid-19 pandemic, an evaluation of India’s prime 14 malls rated by CRISIL Rankings exhibits…
• DLF Promenade launches Sunkissed Summer campaign
  14 April 2021, Latestnews.fresherslive.com
  DLF Promenade, Delhi’s ultimate fashion destination, brings yet another campaign to engage, entertain and offer stellar services as well as a quality shopping experience to all its patrons. Spring – Summer is the time to get on the groove and be creative with your outfits. Whether you’re pining for a colourful co-ord set or dreaming about going out to dinner in a beaded dress, DLF Promenade’s latest summer edit has something for everyone…
• An Appeal To Avoid Reimposition Of Lockdown
  14 April 2021, Textilevaluechain.in
  The Clothing Manufacturers Association of India (CMAI), is one of the oldest and largest Association representing the Garment Manufacturing and Retail industries, with close to 4,500 members serving to the Domestic Apparel Industry since its inception in 1963.In a Press Release issued by the Association, Mr Rajesh Masand, President, CMAI stated that in the midst of Covid pandemic last year, CMAI had interacted with Shri Uddhav Thackeray, Hon’ble Chief Minister of Maharashtra, Shri. Aditya Thackeray, Shri. Subhash Desai, Hon’ble Minister of Tourism & Environment and Hon’ble Minister of Industries, Govt of Maharashtra, respectively and several concerned Officers on various occasions…
• Limited Edition Festive Menu at Yauatcha, Kolkata To Welcome Bengali New Year 2021
  14 April 2021, Thekolkatamail.com
  Yauatcha is gearing up to welcome the Bengali New Year 2021 with a limited-edition festive menu available from 12th April until 10th May 2021 for both dine-in and delivery. For Poila Boisakh, Yauatcha offers traditional Bengali dishes cooked with a Cantonese twist. Quest Mall, on the other hand, has dressed up the mall and Yauatcha has decked up with vibrant hangings inspired by Mandala art, the Buddhist spiritual symbol for the universe. Along with the hangings, you can also see the mall take on the God Laxmi’s pot, a symbol of wealth and prosperity, at various locations at Quest…
• Traders face Rs 46,000 crore loss in last 10 days due to curfew, curbs
  14 April 2021, Newindianexpress.com
  Retail and wholesale businesses across the country have taken a hit of Rs 46,000 crore in the last ten days amid night curfews and partial lockdowns across several states. According to Confederation of All India Traders (CAIT), retailers have taken a hit of Rs 32,000 crore, while wholesale businesses have suffered a loss of Rs 14,000 crore…
• Second Covid wave threatens OOH sector, agencies try out newer formats to stay afloat
  14 April 2021, Bestmediainfo.com
  The night curfews and weekend lockdowns imposed in different parts of the country have confined people to their homes, reducing the OOH business once again. Prepared this time around, the agencies are experimenting with different formats to tide over the crisis Rattled by the lockdown in 2020, the out-of-home (OOH) industry is once again bracing to face a setback with the second wave of Covid-19 infections in India this year pushing people back to the safety of their homes…
• Govt asks malls, airports to ensure no sale of non-BIS toys
  14 April 2021, Timesofindia.indiatimes.com
  NEW DELHI: The government’s standards organization has asked all malls and airports to ensure no non-BIS certified toys are sold within their premises. Indian has banned the sale of non-BIS certified toys from January 1.Chief of Bureau of Indian Standards (BIS), Pramod KumarTiwari said they have sensitised the stakeholders about the new norm and for complete compliance. He said so far 250 toy manufacturers have obtained the BIS certification. Only seven months back there was not a single BIS certified manufacturer in India…
• COVID fear drives down footfalls from Kolkata malls before Bengali New Year
  13 April 2021, Money9.com
  Footfalls in prominent shopping malls and hangout zones in Kolkata have declined by more than 30% just before the Bengali New Year, a key shopping season Image: Wikimedia Commons The spike in the number of COVID infections is driving down footfalls in Kolkata shopping malls and hangout zones just before the peak shopping season of Bengali New Year. Prominent shopping malls in the city told Money9 that they witnessed a decline of as much as 30% in the last weekend. Bengali New Year, or ‘Poila Baishak’, is on April 15…
• Businesses in India’s richest state choke under new Covid-19 curbs
  13 April 2021, Hr.economictimes.indiatimes.com
  “One month (of lockdown) is equivalent to about $5 billion of revenue for retailers from just Maharashtra,” Kumar Rajagopalan, CEO of the Retailers Association of India, told Reuters. “We are talking about 1.2 million stores and 5 million jobs.” April 13, 2021, 13:33 IST By Shilpa Jamkhandikar and Abhirup Roy MUMBAI: Retailers, restaurants and theatres in India’s richest state are reeling under the impact of harsh restrictions imposed last week by authorities scrambling to curb a resurgence in COVID-19 cases…
• CMAI appeals against another full lockdown in Maharashtra
  13 April 2021, Livemint.com
  The association has said a full lockdown could further cripple the financial health of the state’s garment manufacturing units : The Clothing Manufacturers Association of India (CMAI), which includes 4,500 members of the country’s apparel manufacturing and retail market, has appealed to the government of Maharashtra against imposing a complete covid-19 lockdown, which, it said could further cripple the financial health of the state’s garment manufacturing units. “Garment industry has been hit particularly severely by the pandemic last year. Retail, which is the lifeline of garment industry, was one of the last sectors to be opened…
• Haryana night curfew: Gurgaon restaurants, malls fear huge losses
  13 April 2021, Indianexpress.com
  At malls in the city as well, the timings of the night curfew have given rise to massive concerns regarding sales and footfall.The Haryana government’s announcement of a night curfew in the state from Monday night in view of the surge in covid cases has left owners of restaurants and malls in Gurgaon worried that this will be a death knell for their businesses that had only just started getting back on their feet after several months of closure due to the lockdown last year…
• Amid covid surge apparel retailers see dip in sales
  12 April 2021, Livemint.com
  January and February witnessed improved footfalls owing to end of season sales and declining covid cases, analysts at ICICI Securities said in a report Monday. However, the report pointed out that recovery may be delayed again from the second half of March owing to rising covid cases and subsequent restrictions. “Apparel brands and retail companies under our coverage are likely to report low single digit revenue growth year-on-year in Q4FY21 despite low base implying 80-85% pre-covid recovery,” said ICICI Securities analysts. In April, retailers said sales could fall by 20-50% when compared to the month of March…
• Shree – The Indian Avatar Eyes 500 Stores Pan India in 5 years
  12 April 2021, Indianretailer.com
  Despite the pandemic, the brand continued to grow and in 2020 alone they launched 18 stores.Vaishnavi GuptaFeatures WriterSHR Lifestyle Pvt. Ltd.’s brand, Shree – The Indian Avatar is excited to announce its expansion plans. The brand is aiming to have 500 stores pan India in the next 5 years.With the newest store in Naraina, New Delhi, Shree – The Indian Avatar has now opened its 95th store and will soon be a 100-store strong brand.Despite the pandemic, the brand continued to grow and in 2020 alone it launched 18 stores…
• Vaccination drive starts at malls
  12 April 2021, Msn.com
  The health department started vaccinating residents at shopping malls on Sunday, as part of its plan to expand the vaccine outreach on weekends by setting up session sites that witness heavy footfall, officials familiar with the matter said. Two session sites were set up by the health department, at the Ambience Mall on the Delhi-Gurgaon Expressway and City Mall on MG Road, on Sunday. Although the data on the number of people vaccinated at the malls was not available immediately, health department officials said they were equipped to provide 100 jabs, each…
• Elante Mall to mark its 8th Anniversary on Baisakhi
  11 April 2021, Newznew.com
  Elante Mall to mark its 8 th Anniversary on Baisakhi : This Baisakhi, Elante will celebrate ‘8 years of Happyness’ in providing a superior and safe destination to its customers. On this occasion, as a token of appreciation and gratitude to the people in the Tricity region for trusting in Elante, the mall will add on to the celebrations by giving out assured rewards to every customer shopping for Rs. 2,500 and above. Join Newznew on Telegram To mark the 8 th anniversary, the mall will have a glamorous installation, designed to reflect the elegance and grandeur of Elante…
• Restaurants stare at losses as fresh restrictions pause recovery
  11 April 2021, Livemint.com
  Business in cities such as Mumbai and Delhi is down by as much as 50-70% Closures and job losses are expected if the situation remains the same for another month : Night curfews, intermittent lockdowns and a second wave of covid-19 infections has once again paused any meaningful recovery seen by the restaurant industry. Business in cities such as Mumbai and Delhi is down by as much as 50-70%. This is a combination of fresh set of restrictions being announced by state governments as well as consumers turning cautious amid a raging second wave…
• Comment: Why are shopping hours at some Orchard Road malls and retailers changing
  11 April 2021, Thebharatexpressnews.com
  SINGAPORE: Orchard Road never seems to take a break. Whether it’s the sprawl of malls in malls, the opening of Changi Airport Jewel, or evencomplaints from locals about the repetition and lack of imagination of the tenant mix in malls, this beloved shopping belt has taken on countless new challenges, but always seems to find a new way forward. Recently, however, a few small changes suggest that the COVID-19 test could go further than we think and could reshape retailing in Singapore for good…
• Retail, hospitality enterprises face shutdown as lockdowns hit business
  11 April 2021, Financialexpress.com
  As per analysts at Crisil Research, Mumbai and Delhi-NCR account for nearly 50% of the total organised restaurant market.“While implementation of stricter rules to curb the spread of the pandemic is necessary, it is also important to calibrate a balance between lives and livelihood,” RAI added.“While implementation of stricter rules to curb the spread of the pandemic is necessary, it is also important to calibrate a balance between lives and livelihood,” RAI added…
• Digitizing the future: Why digital parking will pave the way to smarter cities
  10 April 2021, Cnbctv18.com
  Parking is becoming seamless using cutting-edge mobile apps. As technology continues to evolve, parking will become more secure than ever before.To say that technological innovation has changed the world would be an understatement at this point. In just a decade, the technologically-driven world has become nearly unrecognisable. The change is for the positive. Daily manual processes have become simple, convenient and quick with the help of automation, and the shift is still ongoing.More recently, the COVID-19 outbreak catalysed the widespread adoption of forward-looking technologies across the world…
• Retailers’ body urges for centralised framework for operations amid rising COVID cases
  10 April 2021, Newindianexpress.com
  RAI asserted that what will help ‘break the chain’is avoiding crowding and following safety and social distancing protocols.NEW DELHI: Retailers Association of India (RAI) on Friday called for a centralised framework that allows for “non-discriminatory operations” of all formats of retail amid various states imposing restrictions and weekend lockdowns in the midst of rising COVID-19 cases.Stating that shutting down of non-essential retail and malls is not the solution, the retailer’s body said instead there is an urgent need for stricter surveillance to ensure that all rules with regards to safety and hygiene and social distancing norms are followed by everyone…
• Curfew will hit business hard sans benefits: Bengaluru traders
  10 April 2021, Timesofindia.indiatimes.com
  BENGALURU: The Corona Curfew clamped from Saturday in eight cities will do harm more than curb the spread of the pandemic, said representatives of business and industries. They pointed out that this comes at a time when the sectors were just about recovering from lockdown losses.Shopping malls, supermarkets and standalone outlets may be the worst hit by the 10-day night curfew and they’re worried about missing out on Ugadi shopping over the weekend…
• New trends that will define the future of retail in India
  10 April 2021, Indiaretailing.com
  The retail industry in India is in the midst of a paradigm shift, transitioning from an unorganised sector to an organised venture.Small enterprises are working towards the formalisation of their companies for a better growth prospective. The ongoing Coronavirus pandemic has furthered the shift towards organised industry since retailers have been forced to adopt technology and automation to forward their businesses.Added to this, companies are now looking to hire tech-savvy people to cope with the ever-changing environment…
• Hiring activities rise in March, says reports
  10 April 2021, Retail.economictimes.indiatimes.com
  The retail sector, which was severely impacted by the pandemic, is also seeing robust revival, with sequential hiring activities seeing an uptick of 15 per cent last month, as per the report.Mumbai, Hiring activities rose marginally with job listings rising to 2,436 in March compared to February this year, according to a report. The increase of three per cent in job listings on a month-on-month basis was mainly led by IT-software and retail sectors.In February, the job listings stood at 2,356…
• New Covid restrictions to hurt recovery of businesses
  09 April 2021, Theweek.in
  Girish Nayak’s restaurant in the coastal town of Vasai, near Mumbai, had just got out of the trouble caused by the pandemic and lockdowns. Now a fresh round of restrictions, owing to the spike in Covid-19 cases in Maharashtra, has forced him to close the eatery. And Nayak is not sure if he will be able to survive this one. “A major chunk of the business is through walk-ins,” he said. “When customers come in, they order more…
• Fresh restrictions worry businesses
  08 April 2021, Thehindu.com
  The State government’s decision to restrict the number of people visiting malls, entertainment parks, cinema halls and amusement parks from Saturdayto control the spread of COVID-19 has dampened the spirits of businessmen whose balance-sheets had just started showing positive signs after the lifting of the lockdown.Those representing the mall sector said from January, business had started bouncing back in most malls and until February, business was good (compared to the pre-COVID-19 levels). But since March, footfalls had started dwindling…
• Tamil Nadu COVID-19 fresh curbs: Malls, restaurants to operate at 50% capacity. Know other rules
  08 April 2021, Livemint.com
  Tamil Nadu’s daily Covid-19 count nearly touched the 4,000-mark on Wednesday with as many as 3,986 people testing positive for the deadly virus Meanwhile, on Wednesday, Tamil Nadu High Court warned that the Covid-19 situation appears to be very serious in the state Tamil Nadu government on Thursday imposed several new guidelines to tackle the pandemic situation in the state. The directive came a day after the Tamil Nadu High Court warned that the Covid-19 situation appears to be very serious and noted that people are not wearing masks and appear to be taking chances, news agency ANI said…
• Retail sector sees revival in hiring as second Covid wave haunts India
  08 April 2021, Business-standard.com
  As the second Covid wave begins to haunt us, a new report said on Thursday that apart from the IT-software industry, retail sector that was severely impacted by the pandemic has seen robust revival in hiring that saw an uptick of more than 15 per cent in March.Amid the wave of digital transformation, the IT-software sector once again remained shielded and hiring continued to grow by 11 per cent in the sector in March over February…
• Covid-19 vaccination at malls, schools, RWAs? Yes, say healthcare providers
  08 April 2021, Businesstoday.in
  The set of recommendations submitted by NATHEALTH to Ministry of Health and Family Welfare and NITI Aayog include setting up of vaccination centres in malls, schools, airports, resident welfare association centres A representative body of private healthcare industry, NATHEALTH-Healthcare Federation of India, has suggested inclusion of accredited diagnostic labs and home care and specialty providers for setting up temporary vaccination centres and inoculating the elderly at home…
• Administer COVID jabs to retail staffers: Retailers Association
  08 April 2021, Greaterkashmir.com
  Retailers Association of India- Kashmir Chapter has urged the administration in Jammu and Kashmir to administer COVID vaccines among retail staff members in the Kashmir division.President, RAI Kashmir chapter, FarhanKitab said that “retailers and their staff are among the most vulnerable due to their interaction with people from different places…
• Manali’s best shopping experience
  07 April 2021, Timesofindia.indiatimes.com
  Manali’s best shopping experienceCredit: iStock01Manali’s best shopping experienceHolidays are incomplete without shopping! Retail therapy is the best after doing adventure activities and tourist spots hopping. The most exciting part of any trip is roaming and exploring the destination and picking some memorable souvenirs to take back home.Manali, a gorgeous hill station, too has its fair number of shopping places, where one can stop and buy some amazing products, such as sweaters, wooden statues, handicrafts and much more…
• Nextlevel Media Ventures wins media rights for Pacific Mall
  07 April 2021, Exchange4media.com
  The media rights were won following a competitive bidding processNextlevel Media Ventures has won the exclusive media sales rights for Pacific Mall, Kaushambi, Sahibabad. The media right was won following a competitive bidding process.Mrityunjay Kumar from Nextlevel Media Ventures informs “We are delighted to share that we have recently acquired some of very interesting media inventories in Delhi NCR and one among them happens to be Pacific Mall, Anand Vihar.”“Pacific Mall, Anand Vihar is strategically located at the gateway to Uttar Pradesh and all its media inventories are having very high visibility…
• Emaar Group appoints Chandrasekar Radhakrishnan as Head of Marketing
  07 April 2021, Exchange4media.com
  Radhakrishnan will be responsible for strategic marketing and communications for Emaar Properties, Emaar Development, Emaar Malls, Emaar Hospitality, Emaar Entertainment and Emaar LeisureEmaar Group has appointed Chandrasekar Radhakrishnan as its new Head of Marketing. Chandrasekar Radhakrishnan informally known as ‘Chandru’, joins Emaar this month after his successful stints with leading global FCMG and telecom players for over two decades.Chandrasekar Radhakrishnan will be responsible for the strategic marketing and communications for Emaar across the group, including Emaar Properties, Emaar Development, Emaar Malls, Emaar Hospitality, Emaar Entertainment and Emaar Leisure…
• Set up vaccine centres in RWAs, malls, schools, airports, corporations
  07 April 2021, Nationalheraldindia.com
  In the representation to the Health Ministry, NATHEALTH has suggested involving other healthcare providers with skilled medical workforce to ramp up to the vaccination driveNATHEALTH-Healthcare Federation of India, an apex body representing the ecosystem of the private healthcare sector, has submitted a set of recommendations to the Union Ministry of Health and Family Welfare and the NITI Aayog on the urgent need to scale up the country’s vaccination drive by including private diagnostics labs and home care providers in the inoculation process…
• COMPANY NEWS Phoenix Mills temporary closes malls in Mumbai, Pune
  07 April 2021, Citrusinteractive.in
  Phoenix Mills (including its subsidiary companies) has temporarily closed its Malls in Mumbai and Pune until April 30, 2021 except for the permitted outlets providing essential services, online deliveries and F&B outlets providing delivery/takeaway services on the back of Government of Maharashtra has issued guidelines under its action plan ‘Break the Chain’ and issued directions, which inter alia require all shops, markets, malls except essential services to remain closed till April 30, 2021.Phoenix Mills is engaged in property development in India…
• Manali’s best shopping experience
  07 April 2021, Timesofindia.indiatimes.com
  Mall RoadCredit: Stock01Mall RoadThe list wouldn’t be complete without mentioning Mall Road. One of the top places for shopping in Manali, the Mall Road is the most visited attraction of every hill station in India, including Manali. Here, one can find almost everything, from apparels and footwear to utensils and electronics!Himachal EmporiumCredit: iStock02Himachal EmporiumSituated on the Mall Road, this place is a haven for the lovers of artistic handicrafts! You will find yourself surrounded with delicate and beautiful items inside the emporium…
• Maharashtra lockdown may wipe out 9-month recovery of offline smartphone retail
  06 April 2021, Telecom.economictimes.indiatimes.com
  In the smartphones market, lengthy lockdowns can potentially wipe out the 9-month recovery in the offline sales channel, which has just bounced back from a record low market share of 49% in the December quarter to 60% in the January-February. Business is already down 60% in Mumbai and Pune, but a 25-day absolute lockdown will accentuate things further…
• Inside: R City Mall’s attempt to woo patrons with social media content and lucky draws
  06 April 2021, Socialsamosa.com
  We take a look at how R City Mall leveraged social media and a bumper prize of a flat at Runwal My City to make people feel safe and welcome to shop at the mall. Back to Happy — Back to R City was the biggest initiative for R City Mall post lockdown. It included on-ground initiatives at the R City Mall Ghatkopar as well as social media activities to lead people there…
• Checks in malls, markets to curb mask violations in Gurugram
  06 April 2021, Retail.economictimes.indiatimes.com
  “As per the instruction of state government, it is necessary to ensure the standard operating procedure compliance in every programme. Gatherings will only be allowed with prior permission and strict adherence to the appropriate COVID-19 behaviour such as social distancing norms, wearing of face masks, sanitisation, hand hygiene and provision for thermal scanning,” said Dr Garg.GURUGRAM : With the surge in Covid-19 cases in the city, the district administration has decided to intensify drives to tackle mask violations in the city…
• Camps at malls, metro to up vax speed in Gurgaon
  06 April 2021, Timesofindia.indiatimes.com
  Gurgaon: To speed up Covid-19 vaccinations in the 45-plus population, the health department and private hospitals will soon expand session sites to malls, metro stations and public transport hubs.To start with, such camps will come up at Ambience Mall, MG Road, Huda City Centre metro station, Gurgaon railway station and Sadar Bazar bus depot, the places that draw maximum footfall.Each of these camps will have an observation room, a vaccination room, a verification room and medical infrastructure with AEFI management. An ambulance will also be kept on standby near every session site…
• Admin issues protocols to RWAs and malls, asks residents to work from home
  06 April 2021, Hindustantimes.com
  The district administration on Tuesday issued standard operating procedures to residents’ welfare associations and managements of malls and shopping complexes because of the increasing Covid-19 infections in the city The district administration on Tuesday issued standard operating procedures to residents’ welfare associations and managements of malls and shopping complexes because of the increasing Covid-19 infections in the city. The administration officials appealed to the public to avoid travelling and work from home, if possible, and recommended RWAs to maintain a record of residents travelling by air and share the details with the authorities concerned for better tracking of cases…
• Current restrictions will wipe out 60% of local restaurant companies says Maharashtra Restaurant owners
  06 April 2021, Restaurantindia.in
  The stringent restrictions on mall entries have already reduced the footfall in the mall drastically and thus the sales have come down to 0 level. Short Description As Maharashtra witnessed signs of a second surge and cases started to mount up significantly, restaurant across the state has been closed for 30 April. This is going to impact largely on the Food and the hospitality industry which is still reeling under the pressure of recovery from the 1st lockdown…
• Fresh lockdowns & Entertainment industry: Staring at the spectre of loss again
  06 April 2021, Adgully.com
  Faced with a second wave of COVID-19 infections currently, lockdowns, night curfews and strict protocol orders have been imposed in several states, including Maharashtra and Delhi. The country stares at the spectre of a repeat of 2020 as daily COVID-19 crossed 1 lakh on April 4, 2021.Along with various sectors, the current developments do not augur well for the entertainment sector. Having just achieved some normalcy, the entertainment is in a tizzy as cinema halls, malls, theatres have been shut down in Maharashtra till April 30…
• Maharashtra shutdown: Retailers, traders fear closure of non-essential shops will cripple industry
  06 April 2021, Thehindubusinessline.com
  The Retailers Association of India (RAI) urged the Maharashtra government to calibrate a balance between lives and livelihood and stated that complete shutdown of non-essential retail businesses will impair the ability of retail and allied businesses to survive.The Confederation of All India Traders (CAIT) has also urged the State government to not overlook the economic impact of such restrictions…
• Retail bodies seek easier rules as Maharashtra govt begins state-wide curbs
  06 April 2021, Livemint.com
  The National Restaurant Association of India urged the state government to allow restaurants to function within normal hours while following safety protocols in the absence of which it sought compensation for loss of business that the sector may endure this month New Delhi: Several retail and restaurant industry bodies on Monday appealed to the Maharashtra state government asking it to reconsider latest rules put into place to control the spread of covid-19 in the state…
• Retail lockdown in Maha to hit businesses, cash flow: Retailers Association
  05 April 2021, Business-standard.com
  Retailers Association of India (RAI) on Monday termed measures announced by the Maharashtra government to combat the surge in COVID-19 cases in the state as ‘retail lockdown’and said shutting of retail businesses other than essentials will impair the ability of businesses to survive.Stressing on the importance to calibrate “a balance between lives and livelihood”, RAI said the #BreakTheChain order by the Maharashtra government once “again brings a majority of retail businesses to a complete halt. Retail businesses of non-essential goods are feeling discriminated against for being pressed by restrictions and lockdowns without any respite from the government”…
• New coronavirus curbs to impact malls badly, says Bengaluru’s Garuda Mall CEO Nandeesh MR
  05 April 2021, Cnbctv18.com
  The Karnataka government has revised COVID-19 guidelines for gyms, cinema halls as well as restrictions on public gatherings. Nandeesh MR, CEO, of Garuda Mall in Bengaluru, discussed the impact of these restrictions.“Government has not come forward with any benefits to the malls, they have not reduced any interest, they are not giving any loan postponement, they are imposing the property tax, it is badly affecting the mall people.”Coronavirus LIVE: India daily COVID-19 cases rise from 20,000 to 1 lakh in just 25 daysNandeesh added, “Whatever new restrictions have been imposed, it will impact the footfall of the mall…
• Pacific Mall, Delhi brings Full power food with Dhansoo Café
  05 April 2021, Fnbnews.com
  Monday, 05 April, 2021, 12: 00 PM [IST] Our Bureau, New Delhi Pacific Mall, Tagore Garden, brings another reason for the millennial to rejoice in the company of good food, and lovely music at the newly launched Dhansoo Cafe. It represents a multi-faceted expression from a vibrant and colourful place, to the coolest café for social meet-ups, to everyone’s favourite bar or a charming dining restaurant. It has the perfect setting, or a personal space, where people can be excited, jittery and awesome…
• Covid-19 resurgence: Retailers seek rental concessions as businesses get affected again
  05 April 2021, Moneycafe.in
  Many GEO’sRetailers, already seeing a big dip in enterprise, are hoping landlords to be discerning and accommodate their requests. Consultant PictureAs native authorities in lots of elements of the nation are imposing recent restrictions to deal with a renewed surge in coronavirus infections, upsetting enterprise restoration, retailers are again to the negotiating desk with mall-owners and high-street landlords, in search of an extension of concession on rental funds…
• Maharashtra: Malls, restaurants and theatres to shut till April 30, full lockdown on weekends
  05 April 2021, Retail.economictimes.indiatimes.com
  The rapid spread of Covid-19 finally forced the Uddhav Thackeray government to announce lockdown-like restrictions across the state from 8pm on Monday. On weekends, a complete lockdown will be imposed.MUMBAI: The rapid spread of Covid-19 finally forced the Uddhav Thackeray government to announce lockdown-like restrictions across the state from 8pm on Monday. On weekends, a complete lockdown will be imposed.A state government notification issued late Sunday said all shops except essential services would remain shut till the end of the month, leaving people only Monday to buy non-essential goods this month…
• Ghaziabad: Tokens for entry into malls, hotels, Rs 250 fine for not wearing mask among new COVID-19 guidelines
  05 April 2021, Firstpost.com
  Uttar Pradesh, so far, has 19,738 active cases while 8,881 people have lost their lives till now as per the data released by the Ministry of Health and Family WelfareWith the rising COVID-19 cases, new guidelines have been proposed in Ghaziabad to control the spread.All the cinemas, parks, commercial complexes, malls and hotels will now have a token system for visitors with entry and exit timings. People will be allowed to visit these places as per the new rules…
• PVR, Inox down as Maharashtra shuts cinema halls on Covid spurt
  05 April 2021, Thehindubusinessline.com
  Government to implement harsh restrictions amid second wave of the pandemicThe stocks of multiplex operators such as Inox Leisure and PVR were down by 7 per cent and 6 per cent respectively after the Maharashtra Government announced that cinema theatres will remain shut in the State at least till April 30 amid the second wave of the Covid-19 pandemic.At 11 am, PVR Ltd was trading at ?1,151.20 on the BSE, down ?85.60 or 6.92 per cent. It hit an intraday high of ?1,195.50 and an intraday low of ?1,144.60…
• Maharashtra shuts cinema halls, theatres to bring Covid-19 wave under control
  04 April 2021, Hindustantimes.com
  The state, which accounts for India’s 58.19% of the cases, will see strict restrictions in force from 8 pm tomorrow, under which shopping malls, bars, restaurants, small shops will be open only for take-aways and parcels. Maharashtra, the state worst affected by the coronavirus disease (Covid-19), on Sunday moved to impose restrictions and shut down cinema halls, theatres and multiplexes for public access until further notice to bring the surging viral infection rate under control. Shortly after the state cabinet meeting on the worsening situation in the state, minority affairs minister and NCP leader Nawab Malik confirmed that Maharashtra…
• Crackdown on shopping malls: Celebrities urge people to follow COVID-19 norms
  04 April 2021, Cinespeaks.com
  As the novel coronavirus cases continue to surge across Maharashtra, the local authorities have started a crackdown on shopping malls. The local civic body – Brihanmumbai Municipal Corporation (BMC) has said COVID-19 test report (RT-PCR) is mandatory for people entering shopping malls in the city. The new rule is said to come into effect from March 22.Celebrities express their concern over the grim scenario and urge people to strictly adhere to COVID-19 guidelines.Ajay Kumar SinghGuidelines have to be followed strictlyI read in the papers about the huge numbers of cases and that is not a good sign…
• Restrictions due to COVID second wave starts hitting retail segment again
  03 April 2021, Theweek.in
  The strain on the retail industry threatens to cripple the entire value chainBy Abhinav SinghThe retail segment that was on the verge of recovery and inching towards pre-pandemic levels seems to have received a setback due to the restrictions due to the second wave of the Covid-19 pandemic. As the number of Covid-19 cases surge and the pandemic takes a new turn with the second wave in the country, the retail industry is beginning to see similar issues repeating in some form that were faced last year with varied localised restrictions across states in the country…
• Pune to go under mini-lockdown; Restaurants, malls to be shut for a week
  03 April 2021, Asianet.in
  Mumbai: Eateries, bars and restaurants in Pune district of Maharashtra will remain shut for seven days in view of the spike in coronavirus cases of late, a senior official said.A curfew will be in place across the district from 6 pm to 6 am, and malls, cinema halls and places of religious worship will also be shut during this seven-day period, he said…
• Fresh restrictions could stall recovery for retailers and restaurants
  03 April 2021, Livemint.com
  States have imposed night curfews, while others are bringing back curbs on large public gatherings to contain the rapid spread of covid-19. Retailers Association of India (RAI) has been repeatedly highlighting the fact that formal retail spaces, especially shopping centres are controlled spaces and have standard operating procedures in place. They have got the ability to adhere to hygiene standards and can definitely ensure social distancing, as compared to local markets. The government should consider easing of restrictions in such places and instead utilise shopping centres to speed up the inoculation drive…
• Industry bodies oppose closure of PMPML service, malls
  03 April 2021, Indianexpress.com
  Mall operators have also opposed the government’s decision to close malls for seven days.Deputy Chief Minister Ajit Pawar’s decision to not implement a complete lockdown might have come as a relief for Pune Inc, but the suspension of PMPML bus services has been met with stiff opposition. Mall operators have also opposed the government’s decision to close malls for seven days.Pawar, while chairing a review meeting on Friday, ordered a strict movement restriction and a 6 pm-6 am lockdown for the next seven days. Malls, restaurants and educational institutions have been ordered to remain shut for the next week…
• Fashion retailer sells ‘vaccine-ready’ clothes online; check them out
  02 April 2021, Indianexpress.com
  Fashion company Revolve created a separate sub-category online of what they call “vaccine-ready” clothes or outfitsWhile the pandemic inspired many clothing trends in the past few months, a fashion retailer has now come up with a vaccine-special collection.Fashion company Revolve created a separate sub-category online of what they call “vaccine-ready” clothes or outfits with shoulders exposed for ease of getting a vaccine shot…
• Pune: Night curfew from 6 pm to 6 am; malls, restaurants, religious place shut for seven days
  02 April 2021, Thestatesman.com
  The night curfew timings have been decided from 6 pm to 6 am. The review meeting is scheduled for next Friday.People being screened for COVID-19 in Pune. (Photo: IANS)As the coronavirus cases surge, authorities in Pune, Maharashtra have ordered a 12-hour curfew starting from Saturday for a period of at least seven days. The night curfew timings have been decided from 6 pm to 6 am. The review meeting is scheduled for next Friday.Religious places, hotels, shopping malls and movie theatres will remain closed for the next seven days, said Pune Divisional Commissioner Saurabh Rao…
• Experts Discuss Impact Of COVID 2nd Wave On Malls, Restaurants & Hotels | Coronavirus Pandemic
  02 April 2021, Msn.com
  How are malls, restaurants & hotels coping with the rising COVID-19 cases & night curfew?Shereen Bhan speaks to Kamal Gianchandani of Multiplex Association Of India, Rajagopalan Kumar of Retailers Association of India (RAI), Mukesh Kumar & Puneet Chhatwal.#CNBCTV18 #NightCurfew #IndiaFightsCOVID19CNBC-TV18 is India’s No.1 Business medium and the undisputed leader in business news. The channel’s benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India…
• Pacific Mall, Delhi brings Full power food with Dhansoo Café
  02 April 2021, Businessnewsthisweek.com
  Pacific Mall, Tagore Garden, brings another reason for the millennial to rejoice in the company of good food, and lovely music at the newly launched Dhansoo Cafe.Dhansoo cafe represents a multi-faceted expression from a vibrant and colorful place, to the coolest café for social meet-ups, to everyone’s favorite bar or a charming dining restaurant. It has the perfect setting, or a personal space, where people can be excited, jittery & awesome. Commenting on the launch, Mr. Vikrant Batra, Founder, Dhansoo Cafe said, “Dhansoo will give a happy, unmute, and eccentric vibe to the guests…
• Retailers call for coordinated effort at handling 2nd wave of pandemic
  02 April 2021, Outlookindia.com
  New Delhi, Apr 1 (PTI) The Retailers Association of India (RAI) on Thursday called for a coordinated effort at handling the second wave of thecoronavirus pandemic instead of creating diverse restrictions at local levels like weekend lockdowns, shutdown at 8 pm and arbitrary testing inside malls…
• A clue of what’s to come for dying malls: Phoenix mall owner sells while property is rezoned for other uses
  02 April 2021, Thebharatexpressnews.com
  Macerich’s Paradise Valley Mall in Phoenix, AZ. Google earth The future of the suburban mall might look like a mini-community, with far fewer places to shop. The owner of the U.S. mall Macerich said Thursday it has sold a controlling stake in Paradise Valley Mall in Phoenix for $ 100 million to a joint venture with a subsidiary of Phoenix-based mixed real estate company RED Development. The partners will convert the 92-acre site into a community with homes, offices and a grocery store…
• COVID-19: Mumbai Mayor hints at imposing strict measures, malls, temples may be shut
  02 April 2021, Zeenews.india.com
  Mumbai Mayor Kishori Pednekar on Thursday (April 1) hinted at imposing strict restrictions in the city in order to curb the rising cases of COVID-19.Mumbai: Mumbai Mayor Kishori Pednekar on Thursday (April 1) hinted at imposing strict restrictions in the city in order to curb the rising cases of COVID-19.He has said that malls, temples and other public spaces which attract large gatherings may be temporarily closed…
• Localised lockdowns in second wave set to hit services recovery
  31 March 2021, Indianexpress.com
  High frequency indicators have begun to reflect some moderation due to administrative clampdown in a bunch of districts including Maharashtra and Gujarat.THE LOCALISED IMPACT of the fresh wave of rising Covid-19 cases could potentially dent the uptick in business activity, especially in the services sector. High frequency indicators have begun to reflect some moderation due to administrative clampdown in a bunch of districts including Maharashtra and Gujarat…
• The many channels of retailing in India
  31 March 2021, Retail.economictimes.indiatimes.com
  As the world settles into a new normal, retail businesses need to figure out how to contin-ue to serve their customers best considering the tectonic shifts in consumer behaviour over the last long year.India’s retail market is estimated to reach $1.1-1.3 trillion by 2025, from $0.7 trillion in 2019, growing at a CAGR of 9-11per cent, says a report by Retailers Association of India. That is fabulous growth, right? But there is a twist. This number was originally for 2023, but COVID-19 has effectively moved the goalpost…
• “Hotels and restaurants heading towards complete collapse due to sudden curbs”
  31 March 2021, Mumbailive.com
  The Brihanmumbai Municipal Corporation (BMC) had last week started rapid antigen testing (RAT) at random at crowded places in Mumbai, including malls, railway stations, bus depots, khau galli, markets, tourist places, and government offices.Amid a massive spike in the number of coronavirus cases, the Maharashtra government imposed fresh curbs and a night curfew from Sunday night, March 28, which has caused distress among businesses that are associated with hospitality, food and beverages sector fearing that stringent rules could cripple the industry…
• Home Pine Labs brings Buy Now Pay Later to the DLF Luxury Shopping Festival
  31 March 2021, M.dailyhunt.in
  New Delhi: Pine Labs, one of Asia’s leading merchant commerce platforms, is taking its popular Pay Later offering into the exciting luxury goods segment in India.The fintech major has announced that it is the official Pay Later Partner at the DLF Luxury Shopping Festival which started from March 25, 2021, till April 12, 2021. Shoppers at DLF Emporio and The Chanakya Mall, New Delhi, will be able to make their luxury shopping more affordable by using their debit and credit cards on Pine Labs PoS terminals…
• The art of visual merchandising
  31 March 2021, Deccanherald.com
  Despite the trend of online shopping, brick and mortar stores continue to be an essential part of the retail fashion industry. This is a modal window. Beginning of dialog window. Escape will cancel and close the window. End of dialog window. In such a scenario, visual merchandising is nothing but the art of displaying products to make them attractive and appealing to the customers. Retail stores use visual merchandising to maximise the sales of a product…
• Indian retail sector goes digital; may create millions of jobs in next decade with online, offline convergence
  30 March 2021, Financialexpress.com
  The Indian retail sector as we know it today is an incredible growth story spanning two-and-a-half decades. As consumers, we have seen how the sector has evolved.retail sectorToday, digitally-savvy consumers have spread across the length and breadth of the countryBy Sangeeta GuptaThe Indian retail sector as we know it today is an incredible growth story spanning two-and-a-half decades. As consumers, we have seen how the sector has evolved. It’s now hard to imagine how two decades back, shopping was a chore that needed so much planning…
• Mall, multiplex operators rue 80% loss of business
  30 March 2021, Retail.economictimes.indiatimes.com
  All cinema halls (single screens and multiplexes), malls, auditoriums and restaurants in the state have been ordered to remain closed from 8pm to 7am. Multiplexes that were looking forward to resuming at 100% capacity have now been left high and dry with the early closing deadline, that too at an operational capacity of 50%.Pune: The latest state and civic body orders on early closure deadline for malls and multiplexes have taken away 80% of their business that happens during evening hours, operators of such facilities say…
• Covid-19 second wave leaves Mumbai malls in disarray
  24 March 2021, Fortuneindia.com
  With the Covid-19 pandemic spreading its tentacles across Mumbai once again, the shopping malls in the financial capital are the ones who are bearing the brunt. The random rapid antigen testing (RAT), ordered by Brihanmumbai Municipal Corporation (BMC), has forced patrons to stay away from city malls and they are all reeling under a sudden drop in footfalls. All malls—including the prominent ones such as Phoenix Mall in Lower Parel, R City Mall in Ghatkopar, Infinity Mall in Andheri, Oberoi Mall at Goregaon, Phoenix Mall at Kurla, Atria Mall in Worli, and CR-2 Mall in Nariman Point—have seen a quick drop in number of people visiting. Some are wearing a deserted look…
• Chennai: Covid surge puts spotlight on crowding
  24 March 2021, Timesofindia.indiatimes.com
  CHENNAI: The spike in cases has put the focus back on public places and crowding. While the state has ruled out a complete lockdown for now, officials are working to bring down cases without affecting the economy. At an expert medical committee meeting on Tuesday, officials analysed reasons for the surge and planned a road map to curb the spread of Covid-19 and strengthen Standard Operating Procedures (SOPs) for workplaces…
• COVID-19: Restrictions, night curfew in THESE states, check full list here
  20 March 2021, Dnaindia.com
  COVID-19 cases are rapidly increasing once again, and many states have imposed strict safety guidelines yet again to contain the infection. While the Maharashtra government has imposed lockdown or a night curfew in many districts, strictness has been increased in Punjab, Madhya Pradesh, Odisha and Puducherry. New guidelines have been implemented in these states…
• Rising covid-19 cases, curbs spell bad news for consumer demand
  21 March 2021, Livemint.com
  A surge in India’s covid-19 graph has several retailers and consumer goods companies worried as states move to impose partial restrictions, curb large public gatherings and order random testing at malls, a move that could dent consumer demand and stall recovery…
• Malls write to BMC Commissioner to reconsider mandatory testing for visitors
  19 March 2021, Cnbctv18.com
  Hours after the Brihanmumbai Municipal Corporation (BMC) said it will be issuing an order directing random antigen tests or negative RT-PCR tests for visitors at malls and shopping centre, malls have written to BMC commissioner Iqbal Chahal urging him to reconsider the decision…
• Mall and retail associations write to BMC against mandating testing for customers
  19 March 2021, Timesnownews.com
  The associations suggested additional measures like testing mall staff and employees every fortnight instead and expressed concerns that mandating testing for customers will derail the industry’s recovery. The associations wrote to the BMC Commissioner after the civic body mulled mandating a negative test report of an antigen test for customers visiting malls…
• Pacific Group to launch 3 new shopping centres in Delhi-NCR
  19 March 2021, Indiaretailing.com
  Driven by the zeal to make a mark in the commercial sector of the country, Pacific India – a privately owned and operated group of companies – has been conducting endeavors and operations with a remarkable degree of dynamism for the past 3 decades. The group has steadily emerged as the notable realty and infrastructure developer providing distinctive and specialized services in the Real Estate, Hospitality and Education sectors…
• 9pm-6am night curfew in Ahmedabad from today
  19 March 2021, Timesofindia.indiatimes.com
  AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) has decided to lengthen the night curfew by one hour. From Friday, curfew will be imposed from 9pm to 6am and malls and cinema halls are to remain closed on Saturdays and Sundays. Rajiv Kumar Gupta, additional chief secretary (forests and environment), who is in charge of Covid management in Ahmedabad, said that after reviewing the situation in Ahmedabad city, it was decided to close the malls and cinema halls on Saturdays and Sundays and lengthen the curfew by one hour, starting from 9pm instead of 10pm. The AMC meeting chaired by Gupta also reviewed the preparedness in the city including availability of beds at Covid designated private hospitals…
• Why Bengaluru ranked second on retail attractiveness index
  19 March 2021, Livemint.com
  India’s IT capital Bengaluru ranked second on the Kearney retail index released Thursday, overtaking Mumbai in the 2021 edition of the report. Kearney noted Bengaluru’s brand penetration per capita is higher when compared to Mumbai making it attractive for retailers. The cities of Mumbai and Delhi have typically been a big draw for retailers…
• Retailers Association CEO Kumar Rajagopalan examines the ways in which Covid changed Indian retail
  18 March 2021, Economictimes.indiatimes.com
  February definitely showed good indications of recovery. For modern retail, it was a negative 7% in February, compared to 30-50% negative at the same time last year. There are segments/categories that have done very well. For example, electronics and home products showed very good growth over last year. QSRs and some other food segments have also started showing good signs which means people are wanting to eat out…
• Tier 2 and tier 3 cities to drive India’s next wave of retail growth: Kearney
  18 March 2021, Timesofindia.indiatimes.com
  Big cities are contributing less to the growth of India’s retail industry, as consumption patterns have changed over the last decade, showed a report. A large group of smaller cities, including Surat, Jabalpur, Raipur, Mangalore and Faridabad have emerged as the growth centers with their own consumer preferences. “Over the years, most of the organized retailers have established strong presence in metros and tier 1 cities. The next wave of growth in retail will be led by emerging cities beyond tier 1 and emerging hotspots within metros and tier 1,” said Siddharth Jain, partner at Kearney, which released the report. This is especially evident in the share of luxury retail spending, which grew from around 9% in 2013 to 55 to 60% in 2018 in non-metro cities, especially Jaipur, Udaipur, and Chandigarh…
• Retailers body appeals to prioritise Covid vax for workers
  17 March 2021, Newindianexpress.com
  Retailers Association of India (RAI) has appealed to the Ministry of Health and Family Welfare to consider prioritising vaccination for the frontline retail workers who face hundreds of people in the course of dispensing their duties and run the risk of getting infected. In a submission to the Ministry of Health and Family Welfare, RAI expressed that the hard work, struggles, and risk of retail frontline workers must also be appreciated along with the frontline workers of the medical and the law enforcement staff…
• All restaurants, malls, club houses to remain shut post 10 pm in 8 areas of Ahmedabad
  17 March 2021, Hospitalitybizindia.com
  The Ahmedabad Municipal Corporation has issued an order for all malls, restaurants, eateries, clubhouses and paan shops in eight areas to remain shut post 10 pm. The decision has been taken in view of rising Covid-19 cases in the city. On Monday, Gujarat reported 890 new cases of Covid-19. Of the new cases in the state, Ahmedabad alone accounted for 207 cases. According to the urban local body, the restrictions were announced due to a surge in coronavirus cases in Jodhpur, South Bhopal, Maninagar, Bodakdev, Ghatlodia, Navrangura, Gota, Thaltej areas of Ahmedabad…
• Retailers reach 93% of pre-COVID sales in February, on brink of full recovery: Report
  15 March 2021, Retail.economictimes.indiatimes.com
  The retail industries business is on the brink of full recovery as it achieved 93 per cent of the pre-COVID sales in February, according to a report. Segments such as consumer durables and quick service restaurants (QSR) have shown positive growth of 15 per cent and 18 per cent respectively in February 2021, the report from the Retailers Association of India (RAI) said. “The quantum of de-growth in retail sales has reduced as most segments in retail have started to show significant improvement,” it said…
• ‘Shut malls, shopping centres where rules are being flouted’
  17 March 2021, Mid-day.com
  Congress city chief Bhai Jagtap meets civic chief, says places in Kandivli and Malad are witnessing huge crowds and people are flouting COVID normsOf the many demands raised by Congress city chief Bhai Jagtap and other party leaders before municipal commissioner Iqbal Singh Chahal on Monday, the major one was restrictions for shopping centres and malls in certain parts of the city. Jagtap along with others met the civic chief and said that people were not following COVID-19 protocols at many shopping places and that they should be shut down…
• Retailers’ full business recovery possible in March, rising Covid cases may not impact businesses: RAI
  16 March 2021, Financialexpress.com
  Ease of Doing Business for MSMEs: Consumer durables and quick service restaurants (QSR) categories showed positive growth of 15 per cent and 18 per cent year-on-year respectively in February.”We hope that even if the government enforces partial lockdown, it won’t impact the consumer sentiment and the recovery,” said RAI’s Kumar Rajagopalan. (Representative image)Ease of Doing Business for MSMEs: Monthly recovery of the retail sector in India, which largely comprised of MSMEs, has neared pre-Covid level for the month of February. Retail sales touched 93 per cent during the month in comparison to February 2020…
• Retailers see full recovery as sales at 93% of pre-Covid era
  16 March 2021, Thestatesman.com
  Retailers are hopeful of achieving pre-pandemic levels of business in the first six months of the year 2021.Recovery across regions is showing steady improvement with Eastern India indicating positive growth of 2 per cent in the month of February. (Photo: iStock)The quantum of de-growth in Retail sales has reduced as most segments in it have started to show significant improvement…
• February retail sales at 93% of year ago level, says association
  16 March 2021, Livemint.com
  Cities in southern and northern India have shown better recovery, with sales nearing pre-covid levels in February but down 6% and 9%, respectively, YoY. Retail sales in west were down 16% in February retailers are finally seeing recovery in segments such as quick service restaurants (QSR) and electronics chains as mobility normalises and consumer spends on certain categories pick pace. “The quantum of de-growth in retail sales reduced as most segments in retail have started to show significant improvement,” Retailers Association of India (RAI) said in its 13th edition of the Retail Business Survey released Tuesday…
• ‘Retailers witnessing stronger recovery trends’
  16 March 2021, Thehindubusinessline.com

  Sales back at 93 per cent of pre-pandemic levels in February : SurveyRetailers in the country are hopeful of getting back to the pre-covid levels in the first six months of 2021.According to findings of a survey released by Retailers Association of India (RAI), sales at retail outlets have seen recovery trends and have reached 93 per of pre-pandemic levels in February.The survey indicates that sales in February were at -7 per cent of last year’s levels year-on-year and at -18 per cent in the December quarter of FY20-21 compared to same period last fiscal…

• With 3 new malls, ILC Group aims to revolutionize mall culture in Delhi-NCR
  16 March 2021, Indiaretailing.com
  The ILC Group, an emerging leader in Delhi NCR’s real estate space, is currently developing a complete spectrum of multiple institutional investment-grade assets across commercial, retail, IT, residential and mixed-use segments.Equipped with an experienced, professional management team and promoters with high market credibility, ILC is able to innovate while striving to set industry standards on excellence. It’s upcoming shopping mall, ‘Good Earth Sixty 9 ‘ in Gurugram is touted to be a retail landmark post completion…
• Octave Mettle inaugurates showroom at Elante Mall
  16 March 2021, Tribuneindia.com
  Octave — a chain of readymade apparel stores operating in India since 1991 — has opened its 173rd flagship store at Elante Mall, Chandigarh.It was inaugurated by Anil Malhotra, executive director, Nexus Malls. The brand Octave was an initiative of Balbir Kumar and started with men’s wear. Now it has entered into women’s and junior boy’s wear as well. This fall winter, the company will launch its junior girls wear…
• COVID-19: Fresh restrictions in eight wards of Ahmedabad city
  16 March 2021, Newindianexpress.com
  Night curfew is already being enforced in the cities of Ahmedabad, Surat, Vadodara and Rajkot in Gujarat.AHMEDABAD: In view of rising COVID-19 cases, the Ahmedabad Municipal Corporation on Monday asked eateries, restaurants and malls to close down at 10 pm in eight wards of the city.Night curfew is already being enforced in the cities of Ahmedabad, Surat, Vadodara and Rajkot in Gujarat.Ahmedabad city reported 205 coronavirus cases on Monday.Coronavirus cases have increased in Jodhpur (including South Bopal area), Navrangpura, Bodakdev, Thaltej, Gota, Paldi, Ghatlodia and Maninagar wards of the city, the AMC said in a release…
• Amid Rise in Covid Cases, Maha Govt Issues Fresh Curbs for Malls & Hotels; Cap on Gatherings
  16 March 2021, News18.com
  A medic from NMMC Hospital takes a swab sample from a commuter for COVID-19 testing, at Turbhe Railway Station in Navi Mumbai, Monday. (PTI)In the wake a rapid rise in cases across the state, the Maharashtra government on Monday extended restrictions imposed in containment zones till March 31 and issued fresh guidelines for the state.While all restaurants, hotels, malls and cinema halls have been advised to operate at half the capacity, all such establishments will also now have to ensure adequate manpower to enforce mask wearing and social distancing…
• Ahmedabad: Restaurants, malls, salons to close after 10 pm in 8 wards amid Covid surge
  16 March 2021, Livemint.com
  In the order, it stated that restaurants, malls, showrooms, pan shops, clubs, tea stalls, hair salons will be closed after 10 pm in these municipalities. Along with that, the Manekchowk Food and Beverage Market and Raipur Food and Beverage Market will also be closed, it said. Meanwhile, the number of coronavirus positive cases in Gujarat rose to 2,79,097 with 890 people being detected with the infection on Monday, while the day also saw 594 people recovering and one Surat resident dying, an official said…
• Ahmedabad: Restaurants, malls, salons to close after 10 pm in 8 wards amid Covid surge
  16 March 2021, Livemint.com
  In the order, it stated that restaurants, malls, showrooms, pan shops, clubs, tea stalls, hair salons will be closed after 10 pm in these municipalities. Along with that, the Manekchowk Food and Beverage Market and Raipur Food and Beverage Market will also be closed, it said. Meanwhile, the number of coronavirus positive cases in Gujarat rose to 2,79,097 with 890 people being detected with the infection on Monday, while the day also saw 594 people recovering and one Surat resident dying, an official said…
• Comedian Parvinder Singh delivered a laughing riot at Pacific Mall
  15 March 2021, Businessnewsthisweek.com
  Pacific Mall, Tagore Garden hosted a humorous stand-up comedy special in association with The Entertainment Factory.The star of the evening was Parvinder Singh, popularly known as ‘Amritsar ka Gabru’, he is an engineer turned comedian who was also a finalist of the Great Indian Laughter Challenge.Parvinder’s jokes are relatable and humorous; his stories in the special ‘Maine Karna Hai Ye’ come with a funny twist and make the audience laugh their hearts out. The event was attended by almost 100 people, it was a housefull show…
• After Covid, 49% Indians Preferred Shopping Online Than Visiting Malls Or Stores: Survey
  15 March 2021, Abplive.com
  49% say e-commerce became the preferred mode of shopping in the last 12 months after Covid 19 hit the country. A lot changed in our lives after Coronavirus hit the country. While we were locked behind doors, mobile phones and laptops occupied the major part of our lives, replacing almost everything and most of us found out if you a phone with an internet connection everything can be delivered to your doorstep, from clothes to food to appliances, you name it and its there…
• What the Pandemic Taught Them: Upcoming mall developers talk consumer behaviour, post-COVID designs
  15 March 2021, Indiaretailing.com
  The beginning of the year 2020 saw a remarkable opening for the shopping mall industry.Industry experts predicted a smooth journey ahead, mall developers were bullish on the growth potential of organised retail keeping in mind the flourishing economy and industry experts including ANAROCK had predicted the launch of around 100 new malls spanning over 49 million sq. ft. pan India by the end of 2022. Then the pandemic hit, and it was pandemonium all around.The subsequent global lockdown, shutdown of all economic activities threw the Retail and Shopping Centre industries into chaos…
• Iris Broadway, Gurugram boasts value-driven product mix, ease of access and shopping convenience
  15 March 2021, Indiaretailing.com
  Established in the early ‘50s, Trehan Builders has over 6 decades of unparalled experience in the field of construction. The group has executed prestigious projects for CPWD, DDA and PWD across Delhi-NCR and delivered over 10 million square feet in Delhi, Gurgaon as well as in Bangalore.Trehan Group ’s project, IRIS Broadway, in sector 85, Gurugram, is rated as the next epicenter of the city with its value driven product mix, ease of access and convenience of shopping…
• Consumer trust in e-commerce intensifies amidst pandemic-Business Journal
  15 March 2021, Business-journal.in
  Since the country went into a nationwide lockdown mode from March 2020 with the outbreak of Covid-19, e-commerce sites and apps have become the preferred mode of shopping reveals a Local Circles survey. As per the survey which received over 130,000 responses from over 42,000 unique consumers located in 358 districts of India, 49 per cent said they preferred eCommerce sites and apps for shopping in the last 12 months; 18 per cent said they called local retail stores and got home delivery, 31 per cent visited malls, local retailers and markets to shop, while 2 per cent couldn’t say…
• Retail brands accelerate store expansion
  14 March 2021, Livemint.com
  Retailers such as Benetton, Levi’s, Aditya Birla Fashion Retail, fast food chains such as Domino’s and McDonald’s have progressed on store opening plans. Retailers are seeking new clauses which also cover them against future temporary store closures, a situation that arose last year. Large, organized retailers are putting their expansion plans back on track after covid-19 led disruptions delayed stores openings. Casual fashion, value-fashion, fast-food chains and electronics retailers are likely to lead store openings over the next 12 months, said market experts…
• Gurugram: Ambience Mall underpass to open to public by April 15
  14 March 2021, Timesofindia.indiatimes.com
  GURUGRAM: The much-awaited Ambience Mall underpass on the Delhi-Gurugram expressway is expected to be opened for commuters by April 15, NHAI has said.With the issue of the shifting of toll gates at the Sirhaul toll plaza finally resolved, NHAI has begun excavation in the middle of the expressway and will soon commence work on the main box structure of the underpass.The project is over 80% complete and the remaining work is expected to be completed in the coming few weeks…
• F&B outlets in shopping malls fear fresh drop in biz over new curbs
  14 March 2021, Timesofindia.indiatimes.com
  Pune: The 10pm deadline for malls has already begun to drastically affect business at food courts, many establishments in the city said.While food and beverage outlets will continue to offer delivery services till 11pm, the seating area would be off limits by 10pm, affecting these outlets’ business to a great extent.Malls reported steady footfalls during the day on Saturday but added that it had begun to taper off towards the evening. The full impact would become clear only in the coming days, mall operators said.Earlier, malls could operate till 11pm. Now they must close an hour earlier…
• Last warning, don’t force govt to impose lockdown: Maharashtra CM Uddhav Thackeray
  14 March 2021, Indiatoday.in
  While urging for adherence to Covid-19 guidelines, Maharashtra CM Uddhav Thackeray said everyone has to realise there is a difference between self-discipline and restrictions.Maharashtra CM Uddhav Thackeray interacted with representatives of the National Restaurant Association, Shopping Centres Association on Saturday. He emphasised the need to follow rules if Maharashtra wishes to avoid imitating Europe in terms of the Covid-19 infection rate.The meeting was called in the backdrop of reports that several malls and hotels had failed to adhere to Covid-19 guidelines.”Do not force us to impose a strict lockdown…
• Revival a big worry for restaurants
  13 March 2021, Timesofindia.indiatimes.com
  Pune: Restaurateurs on Friday expressed dismay at the new restrictions on their business hours announced by deputy chief minister Ajit Pawar, while mall owners were concerned about the sector’s recovery after the pandemic slump.“The revised closing time for the restaurants — 10 pm — effectively reduces the functioning duration by up to an hour,” a restaurant owner said. Pawar’s announcement about an extra hour for takeaways — up to 11pm — also did not cut ice with the restaurateurs.“A 10pm closing deadline means we cannot admit customers from 9:30pm, or even before…
• Delhi government directs malls, hotels, offices, restaurants to make space for electric vehicles with EV chargers
  12 March 2021, Timesofindia.indiatimes.com
  NEW DELHI: Delhi power minister Satyendar Jain has directed all buildings like malls, shopping complexes, cinema halls/multiplexes, officespaces, hotels, restaurants, hospitals with a parking capacity of over 100 vehicles to set aside at least 5 per cent of parking capacity for electric vehicles (EV) with suitable EV chargers.Earlier in February, Delhi CM Arvind Kejriwal launched ‘Switch Delhi’, an electric vehicle mass awareness campaign, to sensitise citizens about the benefits of switching to electric vehicles.The Delhi government has rolled out incentives on the purchase of EVs among all the states…
• Cinema is all set to take its crown back from streaming giants
  11 March 2021, Tribuneindia.com
  Rajkummar Rao holding the tickets of his film Roohi at PVR Plaza in Connaught Place, New Delhi. PTISheetal oon after the OTT giants announced their impressive line-up of upcoming movies, specials, originals and series, it seems cinema halls are now ready to offer a tough competition. The audience is no more content with just Netflix, as evident from the crowd that showed up for the opening of the movie, Roohi…
• How technology is changing fashion
  11 March 2021, Rediff.com
  From omnichannel to AI and 3D technology, the fashion industry is in the middle of a digital revolution. Samreen Ahmad reports. More like thisThe year 2020 has been a remarkable one for businesses in general, but the one underlying theme that keeps popping up is the smart way companies used technology to reach out to customers.The fashion industry is no different. With shopping malls closed and with customers going online, fashion brands have had to reinvent themselves to reach out to customers…
• F&B and retail complement each other: Pushpa Bector
  11 March 2021, Hospitality.economictimes.indiatimes.com
  The Executive Director, DLF Retail Malls on curating restaurants and what it does for business, at the company’s latest food offering—The Commons at DLF Avenues ET HospitalityWorld spoke exclusively to Pushpa Bector , Executive Director, DLF Retail Malls at the newly opened DLF Avenues Commons in Saket, New Delhi. Bector spoke about the group’s plans in the restaurant space starting with the collection of restaurants featured in Commons. This is an excerpt from the chat…
• Maximum violation in parks, tourist spots, least in cinema halls
  11 March 2021, Indianexpress.com
  While in Mumbai, Rs 39.8 crore was collected from 19.66 lakh offenders who didn’t wear mask, in Pune, Rs 5.3 crore was collected from 2.37 lakh offenders. Beed tops in percentage wise violations.Maximum Vilations of Covid-appropriate behaviour are found in parks, bus stops and tourist spots, while 64 per cent of total violations take place at these places. Shopping malls and retail shops (16 per cent cases) and restaurants (11 per cent) come next as per an analysis of violations and penalty levied across Maharashtra by the Public Health Department…
• How 5G implementation can transform the Indian retail sector
  10 March 2021, Yourstory.com
  Effective deployment of 5G can lead to a dramatic increase in speed and performance. It enables a new efficient spectrum in terms of business continuity and refined customer experience.In a few weeks, India will mark its first anniversary of the COVID-19 lockdown. Looking back at the early months, no one had imagined the magnitude of this situation, its spread across the country, and its impact on humanity and the economy…
• Shree Announces Opening of its Brand-New Store at “Elante Mall” in Chandigarh
  10 March 2021, Newznew.com
  Shree Announces Opening of its Brand-New Store at “Elante Mall” in Chandigarh: Shree – The Indian Avatar, one of India’s leading ethnic wear brands from SHR Lifestyle Pvt.Ltd. expanded its footprints in the Chandigarh region by opening a grand store at Elante Mall. The brand roped in the Punjabi Film actress ‘Japji Khaira’ to inaugurate the store with Mrs. Sheetal Kapoor, Joint Managing Director, Shree. Japji Khaira has been associated with Shree for a long time now; she has inaugurated Shree’s Amritsar store previously…
• Shree Announces Opening of its Brand-New Store at “Elante Mall” in Chandigarh
  10 March 2021, Newznew.com
  Shree Announces Opening of its Brand-New Store at “Elante Mall” in Chandigarh: Shree – The Indian Avatar, one of India’s leading ethnic wear brands from SHR Lifestyle Pvt.Ltd. expanded its footprints in the Chandigarh region by opening a grand store at Elante Mall. The brand roped in the Punjabi Film actress ‘Japji Khaira’ to inaugurate the store with Mrs. Sheetal Kapoor, Joint Managing Director, Shree. Japji Khaira has been associated with Shree for a long time now; she has inaugurated Shree’s Amritsar store previously…
• Bracing for the safer tomorrow: The Galleria Mall in Bengaluru is benchmarking how retail store businesses can grow in post lockdown era
  10 March 2021, Timesofindia.indiatimes.com
  As the Silicon Valley of India resumes to normalcy post the lockdown era, malls are now ready to open their door for public to relive the old shopping experience.While pandemic caused by COVID-19 has impacted business across industry, shopping Malls were affected worst as they were the first to be shut and last to re-open. Given this precarious business condition, owner of the outlets within the malls have endured an admirable resilience.As people are fast adapting to the new normal, they are still longing for the old physical shopping experience…
• Inorbit Malls expands offering with the launch of 23 new stores post lockdown
  10 March 2021, Indiaretailing.com
  Inorbit Malls (India) Private Limited, a subsidiary of the K. Raheja Corp, is a pioneer of the mall culture in India. Inorbit Mall Malad is completing 17 years in January 2021, a major achievement for the brand, which has evolved as one of the most preferred shopping destinations in Mumbai.During the unlocking phase when shopping malls were finally given the green signal in Maharashtra to open up, Inorbit Malad and Vashi introduced various conveniences driven services that provided a safe and accessible shopping experience for consumers, both online and offline…
• Barik shopping mall plan in cold storage
  10 March 2021, Theshillongtimes.com
  SHILLONG, March 9: The state government’s proposal to construct a shopping mall at Barik seems to have been shelved for now, as was indicated by Deputy Chief Minister Prestone Tynsong. “We will not talk about the Barik re-development or beautification project because right now we have more important projects to be undertaken in Shillong under the Smart City project,” Tynsong said while reacting to a query on the redevelopment of the Barik PWD complex…
• COVID-19 in Navi Mumbai: NMMC issues fresh guidelines; shops, malls, restaurants to close early
  10 March 2021, Freepressjournal.in
  Representative Image IANS Photo Amid the rising number of active COVID-19 cases in the MMR, the Navi Mumbai Municipal Corporation (NMMC) haschanged the timings of restaurants, bars, shops, and malls from March 9. Now, all restaurants will be closed by 11 pm and malls by 10 pm. The restaurants will operate with 50 per cent of their capacity. The civic body issued a fresh circular on Tuesday about the change in timings of restaurants and shops in the city. Earlier, restaurants were allowed to operate till 1 am and shops till 11 pm…
• Indian retail market has witnessed massive 3X growth over last decade: Report
  09 March 2021, Indiaretailing.com
  The ‘Online+Offline’ model – resulting from convergence of retail channels and evolution of capabilities via tech-enabled collaborations – is expectedto help in addition of 12 million new jobs and US $125 billion in retail exports, a report by Nasscom – Technopak said. The report titled, ‘Retail 4.0: India story – Unlocking Value through Online and Offline Collaborations’ said the Indian retail market has witnessed a massive growth of 3X over the last decade…
• adidas Originals launches new store in Chandigarh’s Elante Mall
  09 March 2021, Indiaretailing.com
  adidas Originals, a pioneering sportswear brand for the streets, has launched its second store in Chandigarh’s fashion and shopping hub – Elante Mall.The brand has been consistently investing in efforts to elevate product experience and create innovative brand moments for consumers and key street style enthusiasts.Keeping with the brand’s key focus to offer innovation, consumer centricity and brand familiarization in street style, the new store launch at Elante Mall in Chandigarh witnessed unmatched energy and enthusiasm as excited consumers and shoppers visited the new hood to shop the latest drops from their favourite brand…
• Online, Offline retail can help add 12 million new jobs, up to $125 billion exports: Report
  09 March 2021, Economictimes.indiatimes.com
  The report titled, ‘Retail 4.0: India story – Unlocking Value through Online and Offline Collaborations’ said the Indian retail market has witnessed a massive growth of 3X over the last decade.The retail sector contributed about 10 per cent to India’s GDP in financial year 2019-20 and 8 per cent to the total workforce with more than 35 million employees. “COVID-19 has been a litmus test for resilience and adaptability, and the Indian retail sector has been largely successful in navigating the crisis by accelerating digital adoption and the shift to online in the country,” it said…
• Retailers rewrite strategies to woo shoppers
  09 March 2021, Financialexpress.com
  Fabindia and Hidesign believe that since the target customers of brands often overlap, it makes sense to offer them the ease of shopping in one place.Patrons can submit their shopping bills on WhatsApp and earn instant reward points.India’s retailers are re-drawing strategies to get consumers to spend more time in stores and malls. Companies with unique brands are now collaborating to set up stores in which both house their products…
• Covid cases surge: Malls, stores, beaches shut on Sundays in 2 zones of Surat
  09 March 2021, Indianexpress.com
  Surat city has been reporting a daily average of 100 Covid-19 cases for the past few days.The Surat Municipal Corporation has decided to close down malls, departmental stores, gardens and beaches on Sundays, till further notice, in Rander and Athwa zones of the city that have been reporting a surge in Covid cases.Surat city has been reporting a daily average of 100 Covid-19 cases for the past few days…
• Indian retail sector can generate 25 million new jobs by 2030: NASSCOM
  08 March 2021, Uniindia.com
  The National Association of Software and Services Companies (NASSCOM), in association with Technopak, a leading management and consulting firm, today launched its report, titled, “Retail 4.0: India story – Unlocking Value through Online and OfflineCollaborations.”Over the last decade, the Indian retail market size has witnessed a massive growth of 3X, accounting for ~$800 Bn, contributing 10% to India’s GDP In FY 2019-20 and 8% to the total workforce with more than 35 Mn employees…
• Digitally enabled retail could contribute $8 billion in incremental tax collections by 2030: Report
  08 March 2021, Thehindubusinessline.com
  National Retail Trade Policy will create a conducive environment for retail: Niti AayogWith rising convergence of traditional and online channels establishing a digitally-enabled ecosystem and accelerated adoption of digital platforms by consumers, the online + offline retail (O+O) is expected to accelerate the growth of retail.According to a report released by Nasscom and Technopak, online + offline enabled sales are pegged to touch the $640 billion-mark by 2030 making digitally enabled retail’s contribution to the overall Indian retail market at 43.4 per cent…
• Treasure Island, TI Next dedicate March to women’s power, Holi
  08 March 2021, Dailypioneer.com
  As life slowly returns to normalcy, Treasure Island and TI Next takes pride in celebrating the woman who kept the wheels of life in motion through these adverse times. Both the malls dedicate the month of March to womanpower with ‘Rangon wali Khushiyan’…
• India ‘Partial lockdown’ in Aurangabad; markets, malls, cinema halls to remain shut during weekends
  08 March 2021, M.dailyhunt.in
  A “partial lockdown” will be imposed in Maharashtra’s Aurangabad in view of the spike in coronavirus cases.The restrictions, effective between March 11 and April 4, will have shut malls, markets, and cinema halls during the weekends. According to the officials, the world-famous heritage sites of Ajanta and Ellora, the other tourist spots in the district will remain shut on Saturdays and Sundays, while marriages will not be allowed to be held in function halls during the lockdown period. Meanwhile, the administration has decided to keep shut schools, colleges and training institutes…
• Gahlot appeals to malls, hotels, market complexes to install EV charging points
  07 March 2021, Businesstoday.in
  With 72 charging stations, Delhi already has the highest number of such stations in any Indian city, Delhi Transport minister Kailash Gahlot claimed Delhi Transport minister Kailash Gahlot on Sunday appealed to malls, corporate houses, cinema halls, hotels and market complexes to set up charging stations for electric vehicles (EVs) inside their premises. As the ”Switch Delhi” campaign, aimed at encouraging people to adopt electric vehicles to make Delhi a clean and pollution-free city, enters the fifth week, the city government will focus on creating awareness about charging infrastructure here, he said…
• Shree Announces Opening of its Brand-New Store at “Elante Mall” in Chandigarh
  07 March 2021, Chandigarhcitynews.com
  Shree Announces Opening of its Brand-New Store at “Elante Mall” in ChandigarhShree – The Indian Avatar, one of India’s leading ethnic wear brands from SHR Lifestyle Pvt. Ltd. expanded its footprints in the Chandigarh region by opening a grand store at Elante Mall. The brand roped in the Punjabi Film actress ‘Japji Khaira’ to inaugurate the store with Mrs. Sheetal Kapoor, Joint Managing Director, Shree. Japji Khaira has been associated with Shree for a long time now; she has inaugurated Shree’s Amritsar store previously…
• Viviana Mall’s film #MeraFarzHai 2.0 urges people to speak up against domestic violence
  07 March 2021, Mediabrief.com

  As the nation adopted unprecedented lockdown measures during the pandemic and followed the stay-at-home directives for safety, many women experiencingviolence found themselves trapped with their abusers, worsening the impact of their abuse. Domestic violence cases saw a dramatic rise in the past year. The violence continues unabated and a substantial number of cases are going unreported either to safeguard family’s reputation or due to fear of shame to identify oneself as a victim…

• DLF Mall supports global Initiative #ChoosetoChallenge this Women’s Day
  06 March 2021, Mediabrief.com
  DLF Mall of India , India’s largest mall has announced the launch of their digital campaign to support #ChooseToChallenge on the occasion ofInternational women’s day with a focus on women who are making a difference in society. The initiative is showcased through a film featuring women who have made their way despite the adversities during their journey and have taken a step further and moved ahead. It also highlights a powerful message for women and encourages them to challenge the odds to establish themselves…
• Pacific Mall Dwarka launches India’s first rooftop, drive in cinema in India
  06 March 2021, Indiaretailing.com
  Pacific Mall, Dwarka in association with Sunset Cinema has started a drive-in cinema facility at Pacific 360°, the rooftop.Families and friends can simply drive in their vehicle and enjoy the marvelous cinematic experience using FM waves safely in their cars for the first time in India. With the launch of this unique idea, Pacific Mall has also become the second in Asia to give theatrical feels that take audience back in time. It is a unique concept where people can watch movies safely with social distancing…
• How A Brand Like Inorbit Malls Addresses The Significance Of Women?
  06 March 2021, Bwpeople.businessworld.in
  Inorbit is committed to empowering women in various ways, particularly by influencing the presence of more female employeesWomen across the world have been encountering various gender-based prejudices, and even today, continue to struggle in attaining equality. International Women’s Day is one day that commits to acknowledging the importance of women and their extraordinary capabilities that deserve to get equal recognition. Brands are adapting to creative approaches to celebrate International Women’s Day thereby extending opportunities for all the women to make the optimum use of the special day…
• Retailers seek rent correction till full recovery
  06 March 2021, Livemint.com
  India’s lockdown and subsequent restrictions placed due to concerns around covid have forced retailers to relook at their costs. Many went into rental negotiations with mall developers as temporary store closures and subsequent dip in footfalls and business left them in a lurch. The pandemic has also prompted landlords to lower rentals as businesses crumbled under the pressure of the lockdown leaving properties vacant. “We are overall seeing 25% to 50% correction in high street rents and about 25% to 40% in malls,” said another retailer speaking to Mint on the condition of anonymity…
• PVR launches Mysuru’s biggest 6-screen multiplex in Forum Centre City Mall
  05 March 2021, Indiainfoline.com
  With the latest launch, the PVR Cinemas strengthens its presence in Karnataka with 109 screens in 16 properties and 292 screens across 47 properties in the South.Gurugram-headquartered PVR on Friday launched its 6-screen property in Forum Centre City Mall, Mysuru. Designed to deliver a hygienic, safe and wholesome cinematic experience, the new multiplex also brings in new-age technologies in a modern aesthetic avatar.With the latest launch, the PVR Cinemas strengthens its presence in Karnataka with 109 screens in 16 properties and 292 screens across 47 properties in the South…
• Navi Mumbai: SGC Mall to organise free movie screening for women on Women’s Day
  05 March 2021, Freepressjournal.in
  Navi Mumbai: SGC Mall to organise free movie screening for women on Women’s Day FPJ Seawoods Grand Central (SGC) Mall in Navi Mumbai is offering free movie screening for all women on the occasion of Women’s Day (March 8, 2021). Moreover, the mall will be giving free vehicle parking for all women drivers from March 5 to 8. The discounts are offered under the mall’s latest campaign, ‘Rangon Wali Khushiyan’. The mall has dedicated the month of March to woman power…
• Centre issues fresh COVID-19 guidelines for restaurants, malls, hotels, relegious places
  05 March 2021, Dnaindia.com
  Taking to Twitter the centre issued a fresh list of guidelines for Hotels and Hospitality Units, restaurants, shopping malls and religious places. The centre on Thursday (March 4) released new guidelines for prevention of the COVID-19 disease spread. Taking to Twitter the central government issued a fresh list of guidelines for Hotels and Hospitality Units, restaurants, shopping malls, and religious places. Apart from the mandatory thermal screening, wearing of masks at all time, maintain social distancing, proper sanitisation of hands and maintaining six feet distancing, lets take a look at the updated COVID-19 protocols…
• Pamper Yourself this Women’s Day at Inorbit Vashi…
  05 March 2021, Businessnewsthisweek.com
  FacebookTwitter Vashi, Navi Mumbai: As the world gears up to recognize women across the globe, Inorbit is all set to celebrate Women’s Day in its own style. A month long celebration begins from 5th March 2021 which will go on till 31st March 2021. Here is your chance to enjoy some ‘Me Time’ by pampering yourself with a free make-over sessions exclusively for Women’s Day. Shopping gets rewarding too. Exciting gifts await you when you shop for Rs 3000 & above every weekend of the month…
• Retailers Association of India partners with IGNOU for offering employment-oriented academic prog
  04 March 2021, Outlookindia.com
  Retailers Association of India (RAI) on Thursday said it has extended its partnership with Indira Gandhi National Open University (IGNOU) for offering skill-based and employment-oriented BBA (Retailing) academic programme with a modular approach.The programme has been jointly designed and developed by IGNOU in collaboration with RAI and the two parties have renewed their memorandum of understanding, RAI said in a statement.Commenting on the collaboration, RAI CEO Kumar Rajagopalan said the USD 854 billion Indian retail industry employs over 46 million people and hiring is expected to see an uptrend in the years to come…
• Delhi Mall adds over 20 stores in six months
  04 March 2021, Newindianexpress.com
  We thought why not use the space for one for three,” he reasons, stating the decision of playing with the space “as now or never”.Delhi’s Select CITYWALK has added 20 plus stores in the past six months, after including four new entrants — Sassy Begum, Harajuku Café, Haagen Dazs and New Balance — into its fold last month.By adding these stores, Yogeshwar Sharma, Executive Director & CEO, Select CITYWALK, is expecting an upswing in business and consumer sentiment after witnessing a revival of markets post the pandemic…
• Hyderabad: Malls begin to throb with shoppers again
  04 March 2021, Thehansindia.com
  Punjagutta: The lively mall culture of Hyderabad which had been hit badly following Lockdown is slowly coming out of the blues. The business establisments are finding new ways for life and the brand outlets and malls are focusing more on emerging “Serious Buyers” to get back the glory. Hyderabad city malls are on the recovery track. Decade-old established malls are able to witness approximately 65 per cent footfalls while the newly developing malls could only hit 40 per cent, according to observers…
• Infiniti Mall to set up a special flea market to support and honor women
  03 March 2021, Mediabrief.com
  Women are strong, independent, courageous and a force to reckon with. This Women’s Day, Infiniti Mall, salutes women who have fought against allodds to become successful and excel in life despite being victims to injustice in their respective lives. And, so, get ready to witness a special flea market at Infiniti Mall, Malad from 5 th to 8 th March. This flea market has been organized to further support and honor women who are Thalassemia survivors, domestic violence survivors and women who are autistic and suffering with Down Syndrome, and despite all this are independent entrepreneurs…
• Explained | What are super apps, future of platform-based business models?
  03 March 2021, Moneycontrol.com
  A handy guide on what it means to use a super app Whether you like them or hate them, platform-based all-inclusive services are the future.What does that mean exactly? It means a business model built around offering multiple services through a single platform or in this case, an app. BlackBerry’s one-time CEO and founder Mike Lazaridis put it the best. He called the concept of the super app a “closed ecosystem of many apps” rolled into one that offers users a “seamless and integrated” experience…
• Mumbai: CR2 mall issued notice to pay property tax arrears of Rs 19.06 crore
  03 March 2021, Freepressjournal.in
  BrihanMumbai Municipal Corporation (BMC) has issued a notice to south Mumbai’s CR2 mall, located in the middle of the swanky Nariman Point businessdistrict, warning the management to pay the property tax arrears of Rs 19.06 crore. The BMC Property Tax Department has asked the management to clear the property tax by March 8 or the civic body will disconnect its water supply and electricity connection. According to the official of the BMC Assessment and Tax Collection Department, the arrears are pending for two portions, one belongs to the CR2 mall and another one to MMRDA…
• News Blackstone acquires Prestige’s office, retail assets for $1.5 billion: Report
  02 March 2021, M.dailyhunt.in
  American investment management company Blackstone has acquired the commercial portfolio of realty developerPrestige Group including offices, retail malls and hotel assets for $1.5 billion, The Economic Times reported, citing three sources. The deal will see Blackstone acquire over 16.8 million sq ft of completed and under-construction office projects and retail malls including hospitality assets. Blackstone will also acquire solar power plants, which will generate energy for these assets, once they are completed,” said one of sources cited above…
• Indians are heading back to parks, supermarkets and pharmacies — but malls and theatres are not on the priority list
  01 March 2021, Businessinsider.in
  Google’s latest mobility numbers for India show that people are not staying at home as much. Instead, they are taking public transport, visiting grocery stores and even heading for a stroll at their nearest public garden. What they are not doing, however, is heading to the theatre to watch a movie or loitering around in a mall. It has been nearly a year since India first announced that lockdowns would be implemented nationwide to prevent the spread of the coronavirus pandemic…
• Retail stalwarts deliberate new methods of doing business in the next normal
  01 March 2021, Indiaretailing.com
  The 15 th edition of RAI ’s Retail Leadership Summit (RLS) 2021 was hosted online on the 24 th, 25 th & 26 th of February 2021, enabling wider participation and audience.Witnessing stimulating exchange of ideas between retail industry stalwarts on the way forward for the Indian Retail Industry into the Next Normal.The Indian Retail industry was impacted greatly due to the pandemic and is calling for unconventional solutions and government support to be back on its feet…
• Retail showing signs of revival post lockdown
  01 March 2021, Thehindu.com
  When the lockdown was announced in March 2020, the retail sector in Tamil Nadu, including textile and consumer brands, took a severe hit with business falling immediately by 25%.A year down the line, those at the helm of the retail outlets have realigned their strategies, embraced technology and learnt to operate with minimal workforce.Business is now 80% up when compared to pre-COVID-19 levels. “Retail has bounced back much more strongly in non-metros. Non-metros are at 80% pre-COVID levels while it was closer to 65% in metros…
• Consumer companies seek vaccination for frontline staff
  01 March 2021, Livemint.com
  Retailers such as Metro Cash and Carry, Ikea, Spencer’s among others have made representations seeking vaccination for their frontline staff. “The guideline is currently to focus on those over 60, and those over 45 with comorbidities. What the government is doing is quite sensible, and we support that. We are saying in the next round give priority to the frontline staff of all the retail companies and also small shopkeepers who probably don’t have a voice,” said Arvind Mediratta, MD and CEO, METRO Cash and Carry India…
• Rude food by Vir Sanghvi: Welcome back, restaurants!
  27 February 2021, Hindustantimes.com
  Yes, it’s time to eat out again and enjoy the full experience. As long as you follow physical distancing and remember to sanitise and wear a mask except while you’re eating! This may sound like wishful thinking on my part, but I do believe that restaurants are staging a comeback. On Valentine’s Day weekend in Delhi, I hit four different restaurants to see how they were doing. I found that though Valentine’s Day eve (Saturday night) was better for the restaurant business than Valentine’s Day itself, the whole weekend was a triumph…
• After adding 5, Shoppers Stop plans to add 15 new stores in next 9 months
  27 February 2021, Indiacityblog.com
  As a part of its expansion plan even as the setback of the pandemic continues, departmental store chain Shoppers Stop has added another 5 stores as of now during the current financial year. Along with this, Shoppers Stop is planning to add another 12 to 15 stores over a period of the next 9 months.This information was disclosed by Venugopal Nair, MD & CEO of Shoppers Stop while he was speaking on the sidelines of the Retail Leadership Summit 2021 organised by the Retailers Association of India…
• Rules to Make EV-Chargers Must In Karnataka Malls
  27 February 2021, Realtyplusmag.com
  Karnataka Deputy Chief Minister C N Ashwath Narayan said regulatory measures would be taken to make mandatory electric vehicle-charging infrastructure in high-rise buildings, metro stations, malls, IT parks, and apartments. With a view to encouraging e-mobility, he said the government aims to replace 50 per cent of all its vehicles with electric vehicles (EVs) in the coming 2-3 years.According to Narayan, the goal is also to set up fast chargers along few important highways in the state such as the Bengaluru-Chennai highway and the Bengaluru- Mysuru one in order to establish world-class Karnataka Electric Mobility Research and Innovation Centre…
• Shopaholics in the city are cautious and following all protocols
  27 February 2021, Timesofindia.indiatimes.com
  Last year saw COVID-19 almost rip apart the retail sector but now with all protocols in place, the retail industry has its hopes up, despite the new strain and cases.According to a Retailers Association Of India Survey, the Indian Retail Industry has more than 15 million retailers and retail contributes around 40 per cent to India’s consumption and 10 per cent to India’s GDP.Shopaholics ahoy!Earlier this week, Maharashtra recorded almost 7,000 new coronavirus cases…
• Retail Rides On Your Purse To Reach Rs 140 Lakh Cr by 2030
  26 February 2021, Outlookindia.com
  Pandemic easts 3 per cent of Indian retail industry but the e-commerce boom is expected to drive growth, says studyThe retail industry, which suffered a 3 per cent dent after the Corona virus outbreak struck the Indian shores last year, is set to treble to Rs 140 lakh crore by the end of the decade, says an industry study.The report from the Retailers Association of India and consultancy BCG pegs the wounded retail market at Rs 47 lakh crore and sees e-commerce as the biggest healer…
• Product customisation attracting retail customers: Report
  26 February 2021, Retail.economictimes.indiatimes.com
  The report released during the Retail Leadership Summit organised by Retail Association of India (RAI) said: “Do-it-yourself products, especially in the food and beauty segment, reflect consumers’ desire to take control of what they eat, drink, and put on their skin.”New Delhi, With increasing competition across product categories, creating unique value propositions is becoming more and more challenging for brands and as a result, customisation, personalisation and bespoke offerings are becoming a norm to attract and retain consumers, according to a Deloitte India report…
• Bengaluru begins to see revival in the retail sector; five new malls set to come up in city
  26 February 2021, Economictimes.indiatimes.com
  Bengaluru is now beginning to see green shoots of revival in the overall retail sector with a U-shaped recovery. “While essential goods like food and grocery, followed by apparel, FMCD and electronics, furniture and home furnishings and QSR are seeing a V-shaped recovery, other segments like beauty, wellness and personal care and home essentials may take 2-3 more quarters for full recovery, said Anuj Kejriwal, CEO & MD Anarock Retail…
• Shoppers Stop to open up to 15 new stores in next nine months
  26 February 2021, Timesnownews.com
  Shoppers Stop to open up to 15 new stores in next nine months25 FEBRUARY 2021 | ENGLISH | GENERAL AUDIENCEK Raheja Corp owned department store chain Shoppers Stop has added five new stores until now in the current financial year and plans to continue with its expansion plans despite the setback from the pandemic. ET Now spoke with Venugopal Nair, MD & CEO of Shoppers Stop on the sidelines of the Retail Leadership Summit 2021 by the Retailers Association of India…
• Salon and beauty care companies to set up a wellness retailers association as a post-pandemic outcome
  26 February 2021, Economictimes.indiatimes.com
  Beauty care companies are joining hands to set up a wellness retailers association, said Rajiv Nair, CEO of skin clinic chain Ltd during a panel discussion at the Retail Leadership Summit 2021 organised by Retailers Association of India. We are almost at the final stage of setting up a wellness retailers association. The pandemic actually helped us understand that collaboration is key. We collaborated than be competitors, said Nair. Kaya stayed connected with rivals such as beauty giant Lakme Lever and others in the industry during the pandemic as their challenges were similar…
• Delhi Malls begin to restrict customer entry to ensure no overcrowding
  25 February 2021, M.dailyhunt.in
  PUNE Following the imposition of some curbs by district administration, many commercial establishments and malls have started restricting the entry of customers people inside the premises.On Thursday, D-Mart on Satara road allowed only a limited number of people at a time…
• Product customisation attracting retail customers
  25 February 2021, Thehawk.in
  New Delhi: With increasing competition across product categories, creating unique value propositionsis becoming more and more challenging for brands and as a result, customisation, personalisation and bespoke offerings are becoming a norm to attract and retain consumers, according to a Deloitte India report. The report released during the Retail Leadership Summit organised by Retail Association of India (RAI) said: “Do-it-yourself products, especially in the food and beauty segment, reflect consumers’ desire to take control of what they eat, drink, and put on their skin.”…
• For retail resurgence, brands & retailers must focus on fundamentals today, disruption tomorrow: BCG Report
  25 February 2021, Indiaretailing.com
  Retailers Association of India (RAI) is organizing its flagship event, The Retail Leadership Summit, with Boston Consulting Group ( BCG ) as their lead knowledge partner.At the backdrop of the event, RAI- BCG unveiled a report titled ‘Retail Resurgence in India: Leading in the New Reality’ that highlights how the buying preferences of consumers have changed due to covid-19 and the way consumers are expected to shop going ahead. The report talks about the implications of these preference changes on retailers in the space and the imperatives for them to win in the post-covid world…
• Is Retail Radio-ready again in 2021?
  25 February 2021, Exchange4media.com
  Industry experts discuss the big return on retail brands on radio after an encouraging Q3 following the pandemic lullRetail brands have been a major amplifier for enhancing radio ad volumes. But due to the slowdown of advertising in 2020 with the retail sector trying to navigate the new pandemic environment, there was a dent in advertising spends. According to TAM, the retail sector on radio plunged by 37% in 2020. It did bounce back and started seeing a revival on radio during the festive season…
• Companies Shoppers Stop plans to open up to 15 new stores in next nine months
  24 February 2021, M.dailyhunt.in
  K Raheja Corp owned department store chain Shoppers Stop has added five new stores until now in the current financial year and plans to continuewith its expansion plans despite the setback from the pandemic. “We are looking to open 12 to 15 stores in the next nine months. We did close down three stores in this financial year but that cannot be attributed to Covid as it was part of the annual rationalisation of our portfolio,” said Venugopal Nair, MD & CEO of Shoppers Stop speaking on the sidelines of the Retail Leadership Summit 2021…
• Indian retail market to touch INR 130 lac crore by 2031-32: BCG Report
  24 February 2021, Knnindia.co.in
  Mumbai, Feb 24 (KNN) The Indian retail market could grow to 130-140 trillion Indian Rupees (INR) by 2031-32, said a recent launched report by the Boston Consulting Group.Retailers Association of India (RAI) and BCG unveiled a report titled “Retail Resurgence in India: Leading in the new reality” that highlights how the buying preferences of consumers have changed due to covid-19 and the way consumers are expected to shop going ahead.The report talks also about the implications of these preference changes on retailers in the space and the imperatives for them to win in the post-COVID world…
• Experience IKEA To Open India’s Largest Shopping Mall In Noida; First Such Plaza In The Country
  24 February 2021, M.dailyhunt.in
  After the launch of the first store in Mumbai, IKEA plans to branch out in Delhi NCR. The Swedish furnishing brand plans to open its first shopping center in India.This grand shopping mall will also be the largest in the country. According to reports, IKEA is said to have bought a 48,000-square-metre plot in Noida. The New Mall In Noida Will Be Anchored By An IKEA Store The furnishing brand opened its first store in India in 2018 in Hyderabad, followed by the next one in Navi Mumbai in 2020…
• Malls Wooing Footfalls Back Again Post Covid
  23 February 2021, Everythingexperiential.businessworld.in
  In the last six months since India opened up, here’s how malls are enhancing customer experiences to increase footfalls through their doors again:The retail landscape in India has gone through a paradigm shift in the last six months as malls and retail outlets cautiously open shop and look at new ways to increase footfalls. The industry has had to re-learn and re-strategize its offerings through different phases of unlocking, based on the post-COVID consumer preference…
• Select CITYWALK adds 20 plus stores in the past six months
  23 February 2021, Indiaretailing.com
  Despite an unprecedented year amid the pandemic Select CITYWALK, one of Delhi’s most admired shopping centres, has upgraded its portfolio of brands to offer a fresh perspective to visitors.In the past six months post the Unlock phase, Select CITYWALK has added more than 20 stores, 4 of which the mall has welcomed in just the past month – Sassy Begum, Harajuku Café, Haagen Dazs (Kiosk) and New Balance. The new stores are expected to bring in an enhanced experience for visitors…
• ”Rules to make EV-chargers must in malls, flats will be laid”
  22 February 2021, Outlookindia.com
  Karnataka Deputy Chief Minister C N Ashwath Narayan on Monday said regulatory measures would be taken to make mandatory electric vehicle-charging infrastructure in high-rise buildings, metro stations, malls, IT parks, and apartments. With a view to encouraging e-mobility, he said the government aims to replace 50 per cent of all its vehicles with electric vehicles (EVs) in the coming 2-3 years. The Deputy Chief Minister was speaking on the topic ”Future of Sustainable Mobility”at the Harvard-India conference, according to an official statement…
• Select CITYWALK Sees 20+ Store Openings in the Past Six Months
  22 February 2021, Indianretailer.com
  Select CITYWALK adds four entrants in 2021 with Sassy Begum, Harajuku Caf, Haagen Dazs and New Balance at the Shopping Centre.Vaishnavi GuptaFeatures WriterSelect CITYWALK, Delhi’s most admired shopping centre, has welcomed four more stores in the past month, Sassy Begum, Harajuku Café, Haagen Dazs (Kiosk) and New Balance, adding a new experience for visitors. The shopping centre, which has won awards and accolades for the consumer experience it provides, brings a comprehensive portfolio of brands for visitors…
• Indian organised B&M retail may see 23-25% FY22 revenue growth: CRISIL
  22 February 2021, Fibre2fashion.com
  A broad-based demand revival, with increased footfalls and recovery in discretionary consumer spending, will help the organised brick and mortar (B&M) retail sector revenue in India reach the pre-pandemic mark of ?5.7 lakh crore with a 23-25 per cent spurt next fiscal, a recent study on 145 B&M retailers rated by CRISIL Ratings indicates.The growth will ride on a low base as the sector is set to log an estimated 19-22 per cent revenue de-growth this fiscal due to the pandemic, which led to temporary store closures and restricted footfalls in the first half…
• Nexus Malls awarded ‘Dream Employer of the Year’
  22 February 2021, Indiaretailing.com
  Nexus Malls has been awarded ‘Dream Employer of the Year’ by Times Ascent at the 10th edition of the World HRD Congress & Awards 2021.The 29th edition of World HRD Congress awards function was held at Taj Lands End Mumbai on February 16, 2021.Awards are given to institutions annually for the best HR practices under different categories. This year, the awardees were chosen based on business-related HR sensitivity, communication effectiveness, innovations and change in management within and towards employees during the COVID-19 pandemic.The eminent jury consists of the best in the industry…
• Post lockdown period exceptionally kind to Oberoi Mall in MUmbai
  21 February 2021, Realtyninfra.com
  New Delhi: Post lockdown period has been exceptionally kind to Oberoi Mall, a mall in Mumbai.The retail property asset has clocked better operating revenues EBITDA and EBITDA margins in the October-December quarter of 2020 as compared to the same period of the previous year. The operating revenues of the mall jumped 22 percent in the third quarter of the current fiscal as compared to the corresponding quarter of the previous fiscal. The operating revenues jumped to Rs 49.9 crore from Rs 40.9 crore…
• Restaurant footfalls climb as pandemic wanes, mobility jumps
  20 February 2021, Livemint.com
  Executives at several restaurant chains said the number of dine-in guests has climbed every month since September, reducing their dependence on deliveries and takeaways that helped them stay afloat during the worst of the coronavirus lockdown. “Dine-in is definitely improving,” said Anurag Katriar, president, National Restaurant Association of India (NRAI). “It hasn’t reached pre-covid numbers but is definitely on a very positive note now. I think people have understood the new normal and have accepted that they have to go through temperature checks, use QR codes, etc…
• Ikea plans its first mall in India at Noida with Rs 55 billion investment
  20 February 2021, Indiatoday.in
  Ikea plans to open its first shopping centre in India after the furniture giant’s shopping centres business – one of the world’s largest – said it had bought a 48,000-square-metre plot in Noida on the outskirts of Delhi.Ikea plans to open its first shopping centre in India after the furniture giant’s shopping centres business – one of the world’s largest – said it had bought a 48,000-square-metre plot in Noida on the outskirts of Delhi…
• ‘Making tourism an experience’
  19 February 2021, Millenniumpost.in
  For the past three decades, Delhi Tourism and Transportation Development Corporation Ltd. in association with the Government of Delhi has been organising ‘Garden Tourism Festival’in the city with the objective to create awareness about the environment and showcase the rich floriculture of Delhi. Celebrating the hues of mother nature and the fervour of Spring season, this three-week extravaganza is themed’#Colours of Nature’ this year.Unlike a three-day format that was being followed previously, Delhi Tourism has extended the festival to three weeks, to give a safe, socially distanced and memorable experience to its visitors…
• PHOENIX MARKETCITY AND PALLADIUM CELEBRATING THE MONTH OF LOVE
  18 February 2021, Expressnews.asia
  Chennai February,2021: Phoenix Market City and Palladium ushered in the season of love and romance with ‘Love Feb’. Exclusive Pop-ups & Foodtrucks at ‘The Walking Street’ by Lime soda enlightened the weekend. Couples and visitors gathered around and clicked pictures at the “LOVE U” anamorphic installation. The mall also hosted Super Singer Season 5 Winner Anand Aravindaksan and Indian Idol runner up Nithyashree Venkataramanan’s performance in the courtyard of Phoenix MarketCity…
• Select CITYWALK celebrates a Child’s Greatest Love. Launches Toy Donation Drive
  17 February 2021, Indiaeducationdiary.in
  New Delhi: Select CITYWALK enters the new year with a conscious purpose of bringing families and communities together in unique ways with the aim of putting the smiles back on the faces of the less privileged. After a bleak 2020, the brand is all set to take lead this year in urging communities to drive change and give back to the society by providing them a platform to do so through well-planned donation drives that will help struggling families and children bring hope in their lives…
• 21% discount across popular restaurants at Phoenix Marketcity, Mumbai with Dineout
  17 February 2021, Timesofindia.indiatimes.com
  MUMBAI: Phoenix Marketcity, Mumbai is offering exciting discounts on table reservations done via the Dineout app. The offer can also be availed by downloading e-voucher on WhatsApp by saying a ‘Hi’and sending it to’7045757575’.Then, users need to select ‘The Phoenix Food Fest’ option and get an e-voucher. The offer will be available at mall ‘s multiple F&B (food and beverage) outlets throughout the month.The mall is offering a minimum 21% discount at F&B outlets like Punjab Grill, Café Delhi Heights, Yoko Sizzlers and more.Some other outlets include Change & Co, Butter Chicken Factory, Coffee Culture, Pukhtaan and Jamie’s Pizzeria…
• CSR: Pacific Group Celebrates Love for Nature with Cycle Rally in Dehradun
  17 February 2021, Thecsrjournal.in
  Real Estate developer Pacific Group in association with Rising Riders Club organized a Cycle Rally to show their love for nature. The rally route for the cycle rally was a 20 km stretch where riders started from Pacific Mall, Dehradun and reached their first halt Pacific Golf Estate, Shahastradhara Road.They headed back to Mall via Mussoorie Bypass Road crossing Canal Road, Dhoran Road, IT Park and Krisali Chowk. The riders were felicitated in the ceremony conducted at Pacific Mall after the rally. Dehradun-based Maitri Adventure Club also participated in the event…
• A blueprint for consumer business in the new normal
  16 February 2021, Retail.economictimes.indiatimes.com
  This is a time of deep reflection for the retail sector. Over the next 5–10 years, we expect to see business models emerge keeping in mind the future ‘consumer commerce’ landscape. Every rule in the book of retail businesses has been challenged as companies are navigating through COVID-19. Being closer to the customers, a flurry of investments in building a robust technology infrastructure, driving agility in supply chains and investing in moving online have all become an integral part of the new playbook for survival. Retailers are regaining trust and confidence in the consumers’ minds today…
• A blueprint for consumer business in the new normal
  16 February 2021, Economictimes.indiatimes.com
  This is a time of deep reflection for the retail sector. Over the next 5–10 years, we expect to see business models emerge keeping in mind the future ‘consumer commerce’ landscape. Every rule in the book of retail businesses has been challenged as companies are navigating through COVID-19. Being closer to the customers, a flurry of investments in building a robust technology infrastructure, driving agility in supply chains and investing in moving online have all become an integral part of the new playbook for survival. Retailers are regaining trust and confidence in the consumers’ minds today…
• Indian retail is at a crossroad, and technology will be the great enabler
  16 February 2021, Retail.conomictimes.indiatimes.com
  Online shoppers in India are expected to reach about 300 million by 2025, per Bain & Co. research. A Redseer report indicates an 85% rise in online shoppers in 2020 alone, attracted by huge discounts and deals plus the convenience and safety of remote shopping.By Aashish Chandorkar & Shraddha KhambhayataThe COVID pandemic has resulted in far-reaching consequences across industry and business…
• Business Sarath City Capital Mall Mega Bumper Prizes Winners List
  15 February 2021, M.dailyhunt.in
  BMW car, Benelli super bikes, cycles & surprising gifts had distributed as a part of Shop & Win – Festival Celebrations Hyderabad: Sarath City Capital Mall, India’s largest shopping mall announced the lucky draw winners of festival shopping contest ‘SHOP & WIN’ at a grand ceremony today at Sarat City Capital Mall, Kondapur. As part of festival sales the mall announced BMW X1, Benelli Imperiale 400, and other exciting prizes to the customers. The Mega and Bumper prizes handed over to the Lucky winners by Mr. Sarath Gopal Bopanna, Managing Director – Skill Promoters Pvt Ltd…
• Airia Mall drives inclusion, creates livelihood for persons with disabilities
  15 February 2021, Indiaretailing.com
  In India there are about 26.8 million Persons with Disabilities (PwDs) out of which their employment is less than 1%, as per the census of 2011. This shocking number has encouragedAIRIA Mall to support employment of PwDs with the help of Trust for Retailers and Retail Associates of India ( TRRAIN ).AIRIA Mall, in association with TRRAIN, is opening a training centre to train PwDs through TRRAIN’s livelihood creation program, Pankh – Wings of Destiny. On completion of their training, the trainees will be employed in the mall and its retail brands…
• Pacific Mall Tagore Garden redefines love this Valentine’s Day with dog adoption
  15 February 2021, Businessnewsthisweek.com

  Pacific Mall Tagore Garden in association with NGO People for Animals had organized a 2 day adoption drive from February 13-14 on the occasion of Valentine’s Day.The NGO has been known for promoting the idea of ‘be Indian, promote Indian. Therefore, in order to encourage the adoption of Indie street dog, the mall and NGO have hosted this drive.There were around 10 dogs and puppies present at the mall premises.People for Animals follows two aspects before they let someone adopt a pup – the legality aspect and morality…

• India’s Largest Shopping Mall – Sarath City Capital Mall distributes Mega & Bumper prizes to the winners
  15 February 2021, Businessnewsthisweek.com
  Hyderabad: Sarath City Capital Mall, India’s largest shopping mall announced the lucky draw winners of festival shopping contest ‘SHOP & WIN’ at a grand ceremony today at Sarat City Capital Mall, Kondapur. As part of festival sales the mall announced BMW X1, Benelli Imperiale 400, and other exciting prizes to the customers.The Mega and Bumper prizes handed over to the Lucky winners by Mr. Sarath Gopal Bopanna, Managing Director – Skill Promoters Pvt Ltd. Promoters & developers, Sarath City Capital Mall in the presence of Tollywood celebrities and guests…
• Covid’s puzzling decline in India sparks a shopping spree
  15 February 2021, Timesofindia.indiatimes.com
  NEW DELHI: For the home to the world’s second-largest Covid-19 outbreak, life in India is almost back to normal.Shopping mall parking lots are full again. Stores are buzzing, and there are long lines for hair salons and restaurants.“We just got fed up sitting at home, for how long can you do that?” said Kaniz Zehra, a 32-year-old stay-at-home parent to a toddler and a 5-year-old. In recent months, she’s flown for two domestic holidays; last month, she braved the crowds at the DLF Mall of India, one of the country’s largest, outside of New Delhi…
• As Covid declines, Indians are out shopping, dining, getting haircuts & crowding malls
  15 February 2021, Theprint.in
  Infection and death rates have dropped, and as shoppers re-emerge, the economy and consumer companies are posting strong gains, far sooner than most expected.Customer browse fabrics inside Mangaldas Market in Mumbai on 6 February 2021| BloombergMumbai: For the home to the world’s second-largest Covid-19 outbreak, life in India is almost back to normal.Shopping mall parking lots are full again. Stores are buzzing, and there are long lines for hair salons and restaurants.“We just got fed up sitting at home, for how long can you do that?” said Kaniz Zehra, a 32-year-old stay-at-home parent to a toddler and a 5-year-old…
• Pacific Mall Tagore Garden redefines love this Valentine’s Day with dog adoption
  14 February 2021, Pninews.com
  Pacific Mall Tagore Garden in association with NGO People for Animals had organized a 2 day adoption drive from February 13-14 on the occasion of Valentine’s Day. The NGO has been known for promoting the idea of ‘be Indian, promote Indian. Therefore, in order to encourage the adoption of Indie street dog, the mall and NGO have hosted this drive. There were around 10 dogs and puppies present at the mall premises.People for Animals follows two aspects before they let someone adopt a pup – the legality aspect and morality…
• Valentine’s Day sales in Chandigarh unaffected despite pandemic
  14 February 2021, Hindustantimes.com
  A shop owner said that with outstation students at their native places this year, newly-wed and married couples are the major contributors to the sales With residents lining up at shops to purchase Valentine’s Day gifts, traders in the city say the Covid pandemic has had little to no effect on sales this year. Diwakar Sahoonja, proprietor of Dewsuns in Sector 11, said sales at his shop were at par with previous years. “Valentine’s Day cards with matching masks are selling like hot cakes…
• Celebrate all things LOVE at Select CITYWALK!
  14 February 2021, Hospibuz.com
  This February, unlock love with your special someone at Select CITYWALK as it celebrates and spreads the warm fuzzy feelings of love with its#LoveUnlocked campaign promoting love as the flavour of the season. This year, Valentine’s Day at Select CITYWALK will take on a whole new meaning with this campaign, taking inspiration from how with each unlock during the lockdown, came the feeling of hope, joy and unique ways of expressing love, whether locked in together or far apart…
• This Valentine’s Day, Come Experience the Venetian Expression of Love at Elante Mall
  14 February 2021, 121newsonlines.blogspot.com
  Elante Mall is all geared up to create the most memorable moment for their patrons this season of love. With Valentine’s Day around the corner, Elante has brought an experience which will not only sweep the love birds off their feet but will also bring back memories of travel enthusiasts…
• Urban Square Mall Phase-I project gets Fire NOC
  13 February 2021, Projectstoday.com
  Urban Square Mall, one of India’s largest retail & hospitality-centric mixed-use projects in Udaipur, Rajasthan, has received Fire NOC.The Fire NOC has been given for Phase-I, which is being constructed in around one million sqft area. Phase-1 will be offered for possession soon after completion of all the necessary formalities which isin process.After the unlocking process, Bhumika Group resumed work in full speed to complete the project. It will offer the possession of Phase-I soon.Urban Square is a 1.8 million sq feet mixed-use development project, which is being built in phases…
• PHOENIX MARKETCITY AND PALLADIUM TO CELEBRATE ‘LOVE FEB’
  13 February 2021, B4umedia.in
  PHOENIX MARKETCITY AND PALLADIUM TO CELEBRATE ‘LOVE FEB’12 February 2021, Chennai: This February, Phoenix Market City and Palladium embraces the pulse of the month with ‘Love Feb’. The campaign hosts a plethora of breath-taking performances by famous artists and overwhelming gifting options for the entire month of February.A warm and secure environment with best gifting options from leading luxury outlets like MK, Coach, Kate spade, Horology, Ferragamo and many more with assured gift card worth Rs.2000 for a purchase of Rs. 25000/- and a chance to win a diamond set worth 3 Lakh…
• Summer heat: Hotels, malls worry about temperature SOP
  13 February 2021, Timesofindia.indiatimes.com
  Ahmedabad: With summer close at hand, malls as well as hotels are now confused on implementing ambient temperature in accordance with Covid-19 SOP.According to the guidelines by MHA, ambient temperature needs to be maintained in the range of 24°C to 30°C. However, with markets opening, footfalls are increasing in hotels as well as malls. If at all there is more crowding, ambient temperatures needs to be reduced below 24°C levels for comfort of clients and guests, hoteliers and mall-owners say…
• Movie Goers can Celebrate This Valentine’s Day with Loved Ones at PVR Cinemas
  12 February 2021, News.webindia123.com
  A week-long festival with special screenings of romantic movies across 17 cities NEW DELHI, Feb. 12, 2021 /PRNewswire/ — The season of love is here with Valentine’s Day around the corner. Adding to the grandeur, PVR brings a specially curated Valentine’s Day Film Festival with popular Bollywood, Hollywood & Regional romantic movies across 17 cities in PVR Cinemas. The week-long festival starting 12th February will screen iconic titles like La La Land, A Star Is Born, Jab We Met, Dil to Pagal Hai, Dilwale Dulhania Le Jayenge etc…
• Flower show held in city mall
  12 February 2021, Millenniumpost.in
  KOLKATA: Acropolis Mall has organised a spectacular flower show-cum-horticulture exhibition titled ‘Blossoms’for flower and plant lovers of the city. Subrata Gupta, Additional Chief Secretary, Food Processing Industries and Horticulture department and Sushil Mohta, Chairman, Merlin Group, inaugurated the show in presence of fashion designer Agnimitra Paul. The show is being held from February 10 to February 14 from 12 noon to 9 pm.”Today our annual production of flowers is exceeding 78, 000 metric ton…
• Shopping Centres Back on the Road to Recovery
  11 February 2021, Indianretailer.com
  Consumer sentiments are changing with new announcements on the vaccine for past few days and people have started visiting the malls for shopping, entertainment and family dinners.Charu LambaDeputy EditorIt has been a long and tough year for many in India and the festive season has been a welcome respite to the year. Shopping Centres saw an encouraging trend where customers started coming back and this showed in their sales recovery.“Our sales touched 80 percent of the last year sales across our portfolio for the festive season…
• Mindstone Mall Developers acquire 7.48 acre land in Kolkata
  11 February 2021, Projectstoday.com
  Mindstone Mall Developers, a wholly-owned subsidiary of Phoenix Mills (PML), has acquired approximately 7.48 acre of prime land in Alipore, Kolkata, West Bengal, for a total consideration of Rs 300 crore.The company is looking to expand its portfolio in Tier-1 cities. The greenfield development opportunity in Kolkata is the first such addition to the company’s portfolio in 2021 and will add to its operational developments beyond 2024…
• Mindstone Mall Developers acquire 7.48 acres in Kolkata for Rs 300 crore
  11 February 2021, Realty.economictimes.indiatimes.com
  The land parcel has development potential of approximately 1 million sq ft with the first phase of the development expected to be operational during FY25 subject to local and municipal approvals, the company said.NEW DELHI: Mindstone Mall Developers, wholly owned subsidiary of The Phoenix Mills(PML), has acquired approximately 7.48 acres of prime land in Alipore, Kolkata for a total consideration of Rs 300 crore, the company said in a BSE filing.”We are witnessing a strong recovery across our businesses which faced a temporary disruption during 2020…
• LuLu annual flower festival from Thursday
  11 February 2021, Newindianexpress.com
  Lulu Mall Kochi’s annual flower festival will be held from February 11 to 14.KOCHI: Lulu Mall Kochi’s annual flower festival will be held from February 11 to 14. Over 1,000 varieties of flowers and plants will be exhibited and be available for sale during the third edition of the festival this year. People can visit the mall during these days between 10am and 10pm to see the flowers, free of cost. The festival will feature local vendors from Kochi, Kottayam, Pathanamthitta and Thrissur.It will showcase horticulture, floriculture, landscape, gardening and botanic categories of plants, herbs, fertilisers and flowers…
• I don’t know what itis to visit parks, malls
  11 February 2021, Timesofindia.indiatimes.com
  CHENNAI: I am a person with locomotor impairment in my lower limbs and use a wheelchair for mobility. I cannot use any public transport and have to spend 10 to 15 times more compared to anyone who does not face difficulties in accessing public transport.For my work, I have to visit government officials and their offices, be it in the Secretariat or in the housing board, are mostly inaccessible. This necessitates negotiation with the officer to meet in accessible locations thereby reducing the duration of meeting and missing the key elements of discussion…
• Phoenix Mills Share price: Initiates coverage with a BUY rating and Fair Value estimate of Rs 960/share
  10 February 2021, Msn.com
  Kotak Institutional Equities initiates coverage on Phoenix Mills with a BUY rating and Fair Value estimate of Rs 960/share, offering 20% upside to CMP of Rs 801/share. Phoenix Milla offers investors the opportunity to align with the long-term growth in organized retail that will likely benefit from continued urbanization and rising income levels. In Kotak’s view, the near-term impact due to Covid-19 is likely transient and will not substantially alter the purchasing habits of the retail consumer in India…
• 3 Biggest Malls In India You Must Visit For Perfect Shopping Day
  10 February 2021, Iwmbuzz.com
  Here are the three largest malls in India that you need to check outWho does not love shopping, most people today are always on the look for new clothes, groceries, accessories, house decor, or some or the other thing they need. All these things are available at one stop in Malls.It’s always fun to visit a mall even if you’re not really looking to shop for anything. All you can do is window shop with your friends and then have some food in their food courts…
• Delhi restaurants roll out Valentine’s Day deals for couples, singles and girl gangs
  10 February 2021, Newindianexpress.com
  Various restaurants and hotels have rolled out special Valentine’s Day offers adhering to the COVID-19 protocol to entice guests.Now that going out and ordering in is almost back to normal (adhering to the COVID-19 protocol, nonetheless) various restaurants and hotels have rolled out special Valentine’s Day offers to entice guests.Creamy & Dreamy AffairGo for the dessert variety – heart-shaped Blueberry Mirror Glaze Cheesecake and Red Velvet Mascarpone Pastry, Gulab Malai Kheer, and drink Love at First Sight – a combination of White spirit and peach finished with cranberry juice…
• Treasure Island & TI Next gears up with gifting options
  10 February 2021, Dailypioneer.com
  The month of February is celebrated as the month of Love world over. In Indore, Treasure Island & TI NEXT mall are geared up to ensure they offer the best deals in town across a wide range of gifting options for your loved ones. The lovely décor of Teddy Bear at Treasure Island Mall adorned with hundreds of roses in the shades of red to match the mood of the season…
• No shows & no-shows force 7 multiplexes to pause ops
  10 February 2021, Timesofindia.indiatimes.com
  Pune: Few footfalls and fewer movie releases have caused temporary closure of seven multiplexes in Pune and Pimpri Chinchwad — one run by E-Square and six operated by City Pride.These multiplexes had opened last year after the state government allowed the screening of movies at 50% seating capacity. However, a lack of new content, coupled with a general wariness because of the pandemic, caused them to bleed money.“Until Maharashtra opens its theatres at 100% capacity, there won’t be many big Hindi releases…
• Accor expands in Bengaluru with Grand Mercure
  09 February 2021, Travelbizmonitor.com
  Accor has announced the opening of its second Grand Mercure, at Gopalan Signature Mall in the ever-evolving start-up capital of the country, Bengaluru. A melting point of diverse cultures and tradition, the city down south makes for a calmer environment and a comfortable lifestyle. With a sprawling well planned layout and a cosmopolitan outlook, Bengaluru is known as the IT capital spearheading the country’s technological boom. This is Accor’s sixth hotel in Bengaluru and seventh property in Karnataka for guests to experience flavours, art and culture of the state…
• Mumbai, February 9, 2020: Supporting the Road Safety Month initiative, Growel’s 1O1 Mall in Kandivali organised a fun filled Flash Mob performance by NGO We Can We Will Foundation to create awareness in a fun way about avoiding road mishaps. Gracing the
  09 February 2021, Mumbainewsnetworks.blogspot.com
  Growel’s 1O1 Mall in Kandivali creates awareness for Road Safety Month with Flash Mob performance by NGO We Can We Will FoundationThe shoppers at the mall were entertained and educated at the same time about the initiative as kids from the We Can We Will Foundation put up an electrifying performance on peppy tunes of songs like Samjo Ishaare dil yeh pukaare, Galti se Mistake, and Ae bhai zara dekh ke chalo…
• India Ghaziabad’s Shipra Mall sealed over Rs 2.22 crore unpaid dues
  09 February 2021, M.dailyhunt.in
  GHAZIABAD: The famous Shipra Mall of Ghaziabad in Uttar Pradesh has been sealed on charges of irregularities. According to reports, the mall was seized for non-payment of dues. The Ghaziabad Municipal Corporation team sealed the Shipra mall, located in the Indirapuram area of the city, over non-payment of property tax amounting to Rs 2.22 crore. Reports stated that Ghaziabad Municipal Corporation officials reached the spot and sealed the property. Officials had reportedly held talks with mall management before initiating the sealing drive…
• Celebrate the Festival of love at your favourite Phoenix Marketcity Pune
  09 February 2021, Businessworld.in
  Celebrate the Festival of love at your favourite Phoenix Marketcity Pune Pune (Maharashtra) [India], February 9 (ANI/NewsVoir): The season of love is here with Valentine’s Day right around the corner. For this occasion, if you are a planning dinner date, quality time with family or a crazy shopping spree with your friends, Phoenix Market City is the perfect destination, where everything is available under one roof. This year too, they are all ready and geared up to celebrate the season of love like no other…
• India News | Major Fire at Guwahati Shopping Mall
  8 February 2021, Latestly.com
  A major fire broke out at a shopping mall in the heart of Guwahati in the early hours of Monday, officials said. Guwahati, Feb 8 (PTI) A major fire broke out at a shopping mall in the heart of Guwahati in the early hours of Monday, officials said. Eight fire tenders doused the blaze after fire- fighting operations that went on for more than eight hours, they said. No person was injured in the incident at the upscale Central Mall, located on the arterial GS Road, a senior official of the Fire and Emergency Services told PTI…
• Hyderabad Central mall asked to pay Rs 15,000 for charging Rs 10 on paper bag
  8 February 2021, Thehansindia.com
  Hyderabad Central mall asked to pay Rs 15,000 for charging Rs 10 on paper bagHyderabad Central mall at Punjagutta was asked to pay Rs 15,000 to its customer for charging him Rs 10 on a paper bag with its logo.According to the complainant, V Bejjam, a resident of Kavadiguda purchased a shirt for Rs 1,400 from a shop in the mall. The store gave him the shirt in a paper bag with the mall’s logo for which he was charged Rs 10…
• Enjoy Your Valentine’s Day With These 5 Malls All Set To Charm Your Day Up With Décor And Offers!
  8 February 2021, Dfordelhi.in
  If you’re planning for this valentine’s day and still didn’t figured out where to go with your bae then maybe these 5 malls situated in Delhi NCR come in handy where you can surprise him or her with their decor and lots of offers so you can also gift them!Vegas Mall is all set up to make your valentine’s day joyous than ever as they’re giving away 50% cashback on your bills you get from shopping by any store out there. Now take your bae and get her those footwear she wanted since a long time…
• Inorbit Malls hosts first physical event of the year, 1200 people participate
  8 February 2021, Indiaretailing.com
  Inorbit Malls, in association with YouTooCanRun, hosted its first ever marathon run of the year at one of the most recognisable landmarks of Hyderabad, Durgam Cheruvu.The marathon saw a massive participation of over 1,200 individuals from different walks of life and different age groups. The run was also supported by Nirmaan an NGO that works towards girl chid education.Motivating every individual in the city, the marathon also witnessed participation by 50-specially abled runners which was a truly inspiring moment. The funds raised at the event will be mobilized towards Girl Child Education…
• Maharashtra: Snow World launched at Seawoods Grand Central Mall in Navi Mumbai
  6 February 2021, Msn.com
  Snow World launched at Seawoods Grand Central Mall in Navi Mumbai. The indoor snow park is a magical snow filled winter wonderland.It is spread across 24,500 sq ft. One can enjoy the winters in the heart of the city with a temperature of -10 degrees celsius throughout the year…
• Making art with Rubik’s cubes
  6 February 2021, Deccanherald.com
  On Republic Day, Forum Mall, Whitfield hosted a unique world record attempt. A group of six Rubik’s cube artists attempted to create Asia’s largest 3-D cube portrait.Team Speed Cubing Bangalore, Hariology, Prithvi Mosaics and Deccan Cubing created a portrait of APJ Abdul Kalam out of 2,611 cubes. Hariprasad CM, the man behind Hariology spoke to Metrolife about how this attempt came about. “I started cubing in 2010 but for the longest time I was only into speedcubing, competitions and teaching people how to cube,” he says…
• Cycle zone to connect New Town malls
  6 February 2021, Timesofindia.indiatimes.com
  Kolkata: The Housing Infrastructure Development Corporation (Hidco), along with the New Town Kolkata Development Authority (NKDA), is planning to turn a road connecting Central Mall with Axis Mall below the flyover in Action Area I into a cycle-zone where no cars will be allowed.As per the plans of the authorities, the zone will have cycle tracks, street food plaza, recreation zones, sitting arrangements, public art, tree plantation and other decorative structures that will have a clean and green look…
• RBI allowing retail investors to open gilt accounts will increase participation: Nilesh Shah
  5 February 2021, Economictimes.indiatimes.com
  We need a buyer of last resort in the capital market for participation of NBFCs in TLTRO. If small savings rates are aligned to government securities, then RBI allowing retail investors to open gilt accounts could lead to a lot of retail participation, says Nilesh Shah , MD, Kotak AMC RBI has proposed to provide funds from banks to NBFCs under the TLTRO on tap scheme. This has been a long-standing demand for the NBFC sector. How do you look at this announcement? Number one, this is a very positive announcement because this gives assured financing to NBFCs…
• Largest adverting LED wall installed inside Infiniti Mall Malad, Mumbai
  5 February 2021, Exchange4media.com
  Bank of Baroda, ITC, Samsung, Netflix, Cadbury and more have already boarded this mega LED screen with their campaigns & are becoming the eye candy for allBrand campaigns going giant on the largest adverting LED wall inside Infiniti Mall Malad, MumbaiThe recently launched “Infinite Screen”, the largest adverting LED wall installed, inside any mall in India yet, is becoming the talk of the town amongst the brands.This giant advertising LED wall is 39.4FT (W)X 16.4 FT (H) in size, which provides an exceptional mega resolution of 4224PX (W) X 1760PX (H) along with sound support…
• Struggle to revive cinemas: Seats remain vacant as halls screen old movies in bid to pull crowds
  5 February 2021, Indianexpress.com
  Despite opening at 100 per cent capacity, cinemas in the city are struggling to get back on their feet. With most cinema halls screening older films, pulling crowds is proving to be a struggle. The government allowed cinemas to open at 100 per cent capacity from February 1 onwards. The order was a ray of hope for cinema owners who have been struggling to make ends meet since last year. “We were hopeful about the movie ‘Master’, which has attracted huge crowds in Southern regions, will show some impact here also. But it has failed to draw people in the Northern regions,” said a cinema owner said…
• Budget 2021: Skills programme to benefit retail sector, says Kumar Rajagopalan of CEO, Retailers Association of India
  4 February 2021, Freepressjournal.in
  Budget 2021: Skills programme to benefit retail sector, says Kumar Rajagopalan of CEO, Retailers Association of India Artem A step in the right direction Kumar Rajagopalan The eyes of the entire nation were on the Finance Minister as she delivered the Budget 2021, a budget that had a lot riding on it considering all that happened to the country’s economy in the last one year. While the budget speech was economic in its length compared to last year, it’s content was potent in terms of what it delivered. The retail industry was crippled during the lockdown…
• Struggle to revive cinemas: Seats remain vacant as halls screen old movies in bid to pull crowds
  4 February 2021, Indianexpress.com
  Except Madam Chief Minister, Master, old movies like Uri the surgical strike, Ram Prasad ki tehrvi, Suraj pe mangal bhari are also being screened at the time.Despite opening at 100 per cent capacity, cinemas in the city are struggling to get back on their feet. With most cinema halls screening older films, pulling crowds is proving to be a struggle.The government allowed cinemas to open at 100 per cent capacity from February 1 onwards…
• Arvind Kejriwal launches ‘Switch Delhi’ campaign to promote electric vehicles
  4 February 2021, Economictimes.indiatimes.com
  Arvind Kejriwal asked delivery chains and big companies, resident welfare associations, market associations, malls and cinema halls to promote electric vehicles and set up charging stations at their premises. New Delhi: Chief Minister Arvind Kejriwal on Thursday launched the ‘ Switch Delhi ‘ campaign to promote electric vehicles and appealed to people to buy such vehicles to combat pollution in the city. Kejriwal said his government will hire only electric vehicles for various purposes in the next six weeks…
• MAI Thanks I&B Ministry For Lifting Restrictions On Seating Capacity In Theatres
  4 February 2021, Republicworld.com
  Noted film critic and business analyst Taran Adarsh took to his social media accounts in order to share a media release that came from the officialsat the Multiplex Association of India (MAI). The statement saw the organization thanking government officials, who are a part of the Ministry of Information and Broadcast of India, for allowing 100 per cent seating capacity in theatres and multiplexes.The statement also sees the MAI communicating that the decision will help the exhibitors across the country to heal from the financial damage that they took during the early months of the COVID-19 pandemic…
• Mumbai nightlife likely to resume soon, Aaditya Thackeray optimistic
  4 February 2021, Freepressjournal.in
  Aaditya Thackeray is the prime mover behind the Mumbai 24×7 initiative Maharashtra tourism minister Aaditya Thackeray Twitter/@AUThackeray The much-touted Mumbai nightlife ‘scene’ is likely to be back in full force, primarily due to the downward trend in new coronavirus disease (COVID-19) cases in the city. According to reports, Maharashtra Tourism Minister Aaditya Thackeray has hinted that the prospect of the ‘nightlife’ might soon be allowed by the state government to resume in full force, given the number of daily COVID-19 cases in the Mumbai has been going down…
• Budget has the potential to trigger consumption to some extent at bottom of the pyramid’
  2 February 2021, Deccanherald.com
  All eyes were set on Budget 2021-22 for the key role it will play in accelerating revival of the economy, to raise and capture the pace that leads to sustainable growth.Considering all that happened to the country’s economy in the last one year, the content of the Budget speech was potent in terms of what it delivered. The retail industry was almost squashed during the pandemic, and its ripple effect was felt by all stakeholders down the consumption value chain. As the economy opens up, it is now slowly getting back on its feet…
• General Top Shopping Destination in Chengdu Leads “Culture of Cool” to Explore New Growth Opportunities
  2 February 2021, M.dailyhunt.in
  Chengdu, China: Over the recent years, with China’s thriving pop culture, the one-of-a-kind market has revealed a state of acceleratinggrowth, and led to the emergence of an ever-expanding legion of pop brands – even luxury brands are seeking to ride on the trend. What pillars the country’s booming pop-culture market is the absolute discourse power of Gen Zers, who are not only digital natives, but also natural-born audiences of pop culture, thanks to their unremitting pursuit of distinction and personality…
• Delhi: Cinema halls to function with 50% occupancy
  2 February 2021, Indianexpress.com
  The Cinepolis at DLF Avenue at Saket is also functioning at half occupancy and with a limited menu.While the central government has allowed 100 per cent occupancy at cinema halls from February 1, movie theatres in Delhi have decided to maintain the distance and continue with the protocols with which they opened in October, which included 50 per cent occupancy…
• Budget 2021: Apparel sector will become globally competitive, FMCG consumption will go up say experts
  2 February 2021, Indiaretailing.com
  As part of the Centre’s efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in Budget 2021.“A scheme of mega investment textile parks will be launched in addition to the PLI scheme,” Sitharaman said. She added that 7 mega textile parks will be launched in three years as part of the scheme.The mega textile parks will have integrated facilities and quick turnaround time for minimizing transportation losses, eyeing big-ticket investments in the sector…
• Textile industry welcomes Budget announcement of setting up 7 mega textiles park
  2 February 2021, Outlookindia.com
  The textile industry welcomed the setting up of 7 mega textiles parks proposed in the Union Budget 2021-22, saying this will makethe industry globally competitive, but the imposition of a 10 per cent basic customs duty (BCD) on raw cotton will increase the domestic prices.”The Mega Investment Textiles Parks (MITRA), under which seven textile parks will be established over a period of three years, is a positive step that will enable the industry to become globally competitive, attract large investments and boost employment generation,” Cotton Textiles Export Promotion Council (TEXPROCIL) Chairman Manoj Patodia said…
• Budget 2021: ‘Govt. should have come up policy to motivate the retailers’
  1 February 2021, News24online.com
  We welcome the budget with open arms. However, there is no specific announcement in this budget for SME’s especially from the overall retail sector, Anup Singh, Founder & CEO, Kirana King, reviewed the budget. In the grocery retail segment, we understand the importance of the Pop-shops coming in during the time of the COVID-19 pandemic. The Government in this budget should have come up with a policy/relief/incentive/ rebates to motivate the retailers to come in the formal economy…
• Budget 2021: Thrust on infra development, ease of doing business positive for retail
  1 February 2021, Indiaretailing.com
  According to Kumar Rajagopalan, CEO, Retailers Association of India ( RAI ), Budget 2021 is growth-oriented, well balanced and progressive.“Overall, it is a popular budget without being populist. The retail industry was almost squashed during the pandemic. It is slowly getting back on its knees with the opening up of the economy. The budget has announced initiatives which touch all segments of the society – women, farmers, entrepreneurs, rural and urban consumers. The positives for retail are the overall thrust on ease of doing business and compliance and infrastructure development,” he said…
• Seven mega textiles parks highlight of Budget: CMAI
  1 February 2021, Fibre2fashion.com
  The announcement on setting up of seven mega textiles parks is the highlight of the Union Budget 2021-22, directly impacting the textile industry, The Clothing Manufacturers Association of India (CMAI), the apex association of the apparel industry of the country, has said. Several announcements impacting consumer spending will help the apparel sector.Welcomed the Union Budget presented today in the Parliament by the Union finance minister Nirmala Sitharaman, CMAI president Rajesh Masand said the announcement of mega textiles parks is in line with the government’s intention to encourage mega projects and increasing the scale of operations in the textile Industry…
• Push on infrastructure, textile to benefit retailers: Experts
  1 February 2021, Retail.economictimes.indiatimes.com
  The focus on ‘Make in India’ and increased custom duties, are also expected to result in promoting domestic manufacturing, improving employment rate, experts said.NEW DELHI: The push on infrastructure spends across roads, rural, textile parks and agri-sector support will put more money in the hand of consumers and will drive consumption across categories, experts from retail sector said.”In addition, the infrastructure focus will enable companies to expand their rural and urban coverage, further helping drive consumption across the country, enabling the “One India One Market” vision,” said Rajat Wahi, partner, Deloitte India…
• We can now attract new films to our theatres: Multiplex Association of India (MAI)
  1 February 2021, Timesofindia.indiatimes.com
  The decision of the government allowing 100% seating in cinemas comes as a sigh of relief for the multiplex and single screen chain owners.With the theatre chains facing massive losses during the pandemic, TheMultiplex Association of India (MAI) is hopeful that things will now change. For the revival of the theatres, relaxations of the seating norms was a vital prerequisite.Thanking Prakash Javadekar, Minister of Information & Broadcasting, the association hopes that the decision will give the cinema industry, the necessary impetus to recover from the impact of the on-going pandemic…
• Budget 2021: What retailers want from Sitharaman’s budget?
  1 February 2021, Businesstoday.in
  The Indian retail industry, one of the worst affected sectors due to the COVID-19 pandemic, expects Finance Minister Nirmala Sitharaman to announcemeasures to improve disposable income of consumers in the Union Budget 2021. The $854 billion Indian retail sector, which is slowly getting back on track with the opening up of the economy, expects budget to prioritise growth-oriented policies and measures to boost the local economy and help revive retail, saving millions of jobs…
• 100 per cent occupancy in theatres from Feb 1, digital transactions to be encouraged: Javadekar
  31 January 2021, Outlookindia.com
  Cinema halls across the country will be permitted to operate at full capacity from February 1 with adherence to COVID-19 safety protocols, Union Minister for Information and Broadcasting (I&B) Prakash Javadekar announced on Sunday.Adequate physical distancing, mandatory face masks and sanitisation of auditorium after every screening are among the latest SOPs issued by the Ministry of Information and Broadcasting on Sunday, after the government allowed cinema halls to operate at 100 percent occupancy from Monday…
• Govt could consider allowing input tax credit to retail companies
  31 January 2021, Retail.economictimes.indiatimes.com
  Retail sector in general works on volume and wafer-thin margins, and hence any GST cost has a lot of impact on this sector’s performance. Though GST as such now doesn’t necessarily get addressed through Budget, but there are challenges in this area and need to be addressed.By: Paresh Parekh and Utkarsh MehtaThe pandemic inflicted lockdown restrictions severely affected the economic activities and resulted in job loss for millions and unprecedented standstill for certain businesses…
• Mall to expand network
  31 January 2021, Thehindu.com
  AMP Mall and Thangam Chambers of Coimbatore have inaugurated a 60,000 sq.ft shopping mall on Mettupalayam Road here.According to Rajesh Keerthi, Chief Executive Officer, AMP Mall India, the mall has 30,000 sq.ft of retail space, including a food court and super market. It has vehicle parking facilities for 100 cars. “This is a makkal mall in that the prices are affordable without compromising on quality,” he says.The shops are given on revenue sharing basis…
• Ambience Mall underpass set to open in March
  31 January 2021, Timesofindia.indiatimes.com
  Gurgaon: The much-awaited Ambience Mall U-turn underpass on the Delhi-Gurgaon expressway is likely to be thrown open to the public in March.The temporary shifting of lanes at Sirhaul toll plaza to facilitate work on the underpass will begin next week, after a delay of nearly one year. The underpass is expected to be completed by March 15, the National Highways Authority of India (NHAI) has said.Three toll lanes under the South Delhi Municipal Corporation (SDMC) fall in the alignment of the underpass being constructed near Ambience Mall on the expressway…
• Retailers urge CM, PM to withdraw COPTA amendment bill
  30 January 2021, Thehansindia.com
  The Karnataka chapter of Federation of Retailers Association of India (FRAI) have appealed to Chief Minister B. S. Yediyurappa to save the interests and livelihood of around two lakh micro retailers and over 10 lakh who depend on them in the StateBengaluru: The Karnataka chapter of Federation of Retailers Association of India (FRAI) have appealed to Chief Minister B. S. Yediyurappa to save the interests and livelihood of around two lakh micro retailers and over 10 lakh who depend on them in the State…
• Shops & eateries welcome longer hours, trains for all
  30 January 2021, Timesofindia.indiatimes.com
  Mumbai: Traders ’ federations and restaurant owners’ associations on Friday welcomed the state’s decision to extend their closing timings to 11pm and 1am, respectively.Currently, they shut shop two hours early. The simultaneous relaxation of train travel rules will boost business too, they said.Kumar Rajagopalan, CEO of Retailers Association of India (RAI) said, “This is a win-win (prospect) for consumers, businesses and the government. Longer operation hours will give consumers the flexibility to shop as per their convenience and help adhere to social distancing norms…
• Inorbit Malls opens 50 new stores in 6 months
  30 January 2021, Indiaretailing.com
  Around 50 new stores were inaugurated at the Inorbit Malls located in Malad, Vashi, Bengaluru, Hyderabad and Vadodara in the last six months despite the pandemic, on the back of a strong commercial demand during India’s unlock phases as well as encouraging festive sales.“The business of shopping malls is among the several businesses dented by the pandemic. Rental incomes dropped and in some cases, retailers even shut their stores. However, as India slowly unlocked, we saw a surge in pent-up demand from consumers for new and existing brands which was further strengthened by the festive rush…
• Get Ready For Your Perfect Wardrobe Shopping As These 9 Malls Are Having End Of Season Sale!
  30 January 2021, Dfordelhi.in
  This is the time you all shopaholics were waiting for. Get set with your bags and ditch those old clothes as these 9 Malls are having their End Of Season sale where there’s a lot for you to grab at huge discounts. Check them out ASAP!!Well talking about Pacific Mall then this place is celebrating their 10 years anniversary and is giving huge discounts, which is going up to 70% on different brands and stores which you must look out for…
• Inorbit donates 5 lakhs towards Girl Child Education
  30 January 2021, Pninews.com
  Inorbit mall hosted the first ever marathon run of the yearon24 Jan 2021 over the DurgamCheruvuBridge which is considered as one of the land marks of Hyderabad. Race management partner was YouTooCanRun. The marathon saw a massive participation of over 1200 individuals from different walks of life and different age groups.Inorbit associated with Nirmaan an NGO as Charity partner. The funds raised at the event will be mobilized towards Girl Child Education. Motivating every individual in the city, the run witnessed participation by 50 specially-abled runners which was a truly inspiring moment…
• Budget 2021 Expectations Of Retail Sector
  29 January 2021, Outlookindia.com
  A roll out of National Retail Policy is important to provide framework and financial assistance to the industryThe year 2020 has been a grim year for humanity but the announcement of COVID-19 vaccine rolling out across the globe in the new year has ignited hopes amongst everyone. We are all hopeful of leaving behind all the negativity and starting afresh with Budget 2021.Despite some quick thinking by our government and the Reserve Bank of India (RBI), the pandemic outbreak has resulted in declining revenues and high budgetary expenses due to which the fiscal deficit has increased to almost 12…
• Retail realty PE deals look promising in 2021: Anarock
  29 January 2021, Thehindubusinessline.com
  Most of the new supply of malls that failed to be delivered in 2020 has spilled over to 2021Indian retail was one of the worst-affected due to Covid-19, which in turn impacted private equity (PE) investments into the sector in 2020. However, the year 2021 looks promising with many PE investment deals likely in the sector during the year, according to research firm Anarock Capital…
• Budget 2021: Fashion Retailers Want Tax Relaxations, More Jobs
  29 January 2021, Indianretailer.com
  The purpose of the budget should be to improve the living standards of people.Charu LambaDeputy EditorThe last year was no less than a shock to the whole world. The whole industry took a massive hit, from which the world is still recovering. Imports are still lacking, as the businesses are still trying to settle down after the pandemic.The fashion retailers have high hopes from the budget 2021.The purpose of the budget should be to improve the living standards of people…
• Head to R City Mall for winter fun, entertainment, shopping and food
  27 January 2021, Timesofindia.indiatimes.com
  As the winter starts gripping Mumbai and the temperatures have started to drop already, the discounts and offers across fashion, footwear and accessories brands are only increasing by the day.The End Of Season Sale has brought much respite for Mumbaikars to indulge in some shopping therapy with jaw dropping discounts on their favourite fashion brands. Among this is R City mall, Ghatkopar (W) – a popular fashion and premium lifestyle destination in Mumbai that is offering up to 70% OFF on over 500 brands under its ‘Happy New Wear Sale’ campaign…
• Budget 2021: Retailers Demand Ease of Doing Business, Revival Push
  27 January 2021, Indianretailer.com
  To get this crawling industry back to its feet and start running, retailers believe that the budget should address ease of doing business for retailers.Charu LambaDeputy EditorThe retail industry was almost squashed during the pandemic. It is slowly getting back on its knees with the opening up of the economy. To get this crawling industry back to its feet and start running, retailers believe that the budget should address two main things that will bring in ease of doing business for retailers: Freedom from various procedural strangleholds and Access to funds necessary for growth…
• Prama Hikvision Offers Back-to-Business Solutions for Malls and Retail Outlets
  27 January 2021, Ncnonline.net
  Malls and Organised Retail stores across India are looking for breakthrough solutions to resolve the health and safety concerns related to pandemic after they were allowed to reopen after stringent safety guidelines. To help the malls and the entire retail sector to safely reopen, Prama Hikvision has developed an impressive line-up of solutions for the retail sector. These innovative solutions include the Temperature Screening Solution, a Crowd-Flow Management Solution and Social Distancing Solution. These Back-to-business solutions are helping the malls and retail outlets to ensure compliance of public safety guidelines.Malls serve a variety of purposes in local neighborhoods…
• Pacific Mall, Tagore Garden celebrates a decade of being the ultimate fashion destination in Delhi
  27 January 2021, Textilevaluechain.in
  New Delhi | Pacific Mall, Tagore Garden, Delhi’s ultimate fashion destination, recently celebrated its 10th Anniversary with an assemble of the top brands in mall. The decor placed centrally in the mall featured celebratory elements along with mannequins from different brands, each showcasing a different trendy look, thus reflecting the diversity of shoppers and brands mall caters to. The concept was to project brands as soul of a mall, united in the spirit of fashion…
• Union Budget 2021: Offline retail hard hit by pandemic; seeks relief in taxation, rationalisation of licensing process
  26 January 2021, Firstpost.com
  All eyes are now on how Budget 2021 will address the expectations and challenges faced by the Indian retail sector.Paresh ParekhYear 2020 has witnessed huge uncertainties and challenges for nations across the globe including India. Economic activities were severely affected for a few months as India imposed several lockdowns to deal with the outburst of the pandemic.Brick and Mortar Retail, which is India’s third-largest sector, has been one of the worst-hit sectors owing to the ongoing pandemic with companies having undergone complete shutdown of their outlets, low consumer footfalls, etc…
• Republic Day Art Work at Elante Mall by Artist Barkat Singh
  26 January 2021, Newznew.com
  Republic Day Art Work at Elante Mall by Artist Barkat Singh: This Republic day, Elante Mall with Rubik’s Cube Artist Mr.Barkat Singh brings the emotion of solidarity with a one-of-a-kind art installation made out of a very unusual medium: Rubik’s cubes. Commemorating the 72nd year of the Indian Republic, the beautiful artwork brought in the spirit of oneness while celebrating the unity in diversity of our nation. Using hundreds and thousands of Rubik’s cubes to create the fantastic artwork, talented event artist and founder of non-profit organization, Colours of Change, Mr. Barkat Singh used individual squares as the mosaic tiles…
• 10 Emerging Trends: Here’s how the pandemic will alter mall culture in 2021
  26 January 2021, Indiaretailing.com
  The COVID-19 pandemic has irrevocably changed the way we go about our daily lives. As we emerge from the after-haze of a year that left us locked inat home with little access to public places, including malls, movie theatres and shopping complexes, we find that we’ve slowly and surely adapted to the new normal.Throughout the unlock period, shopping malls quickly pandered to dynamic consumer demands, re-strategizing and reinventing the mall experience for visitors, while keeping their fears and safety in mind…
• National Retail Policy to strengthen retail sector
  25 January 2021, Retail.economictimes.indiatimes.com
  The Budget 2021 holds utmost significance for the retail sector as it is expecting for some immediate provisions to set the tone for recovery while also waiting for some long standing demands to be addressed.The retail sector was one of the most affected sectors during the Covid pandemic but the recent vaccination drive has brought some respite for the industry and has given a hope of quick revival…
• Multiplexes on track to expand footprint in south India
  25 January 2021, Livemint.com
  Dominated by single screens, growth opportunity for multiplex chains down south is driving investments Multiplex chains are looking to expand their footprint in south India—a market which has so far been dominated by single screens—enthused by the return of audiences in huge numbers ever since cinemas were allowed to resume operations despite the covid crisis. Around 1,000 new multiplexes could come up in the south over the next five years, with the five states accounting for nearly 60% of all new multiplex properties, trade experts said…
• Shopping Centre heads predict recovery time as footfalls, sales pick up
  25 January 2021, Indiaretailing.com
  The COVID-19-led shutdown recovery period for malls in India has been slow but steady.While Tier II & III malls picked up first and started raking in sizeable footfalls and sales, Tier I malls soon followed, picking up the pace. Most malls have been predicting that recovery will take place in the next three months if there is no further lockdown.Inorbit malls has reached 65-70 percent of their last year consumption. Festival season has seen an encouraging start and the brand is expecting good growth ahead…
• Infiniti Mall salutes the Atmanirbhar spirit of India this 26th January
  25 January 2021, Mediabrief.com
  Trust Infiniti Mall to truly live up to what we call “bouncing back”. Ever since malls opened and we started adapting to the new normal, InfinitiMall also ensured that they left no stone unturned in keeping up with their yearly traditions to welcome its patrons back. And so, come 26th January, get set for a special Flea Market set up at Infiniti Mall, Malad from 23rd January to 26th January along with special classical music performances on 24th and 26th January to celebrate the heroic spirit of our nation and commemorate India’s 72nd Republic Day…
• Acropolis Inaugurates Mishti Masti – the drool worthy Mishti festival
  25 January 2021, Apnnews.com
  A soft bite of the quintessential jalbhara talsaansh and the sweet syrup of nolengur oozing out of the womb of it. Doesn’t it bring a visible rapture on your face? Imagine all this and much more indulgence for all and sundry out there at Acropolis Mall.Acropolis Mall is presenting the third edition of Mishti Masti at its periphery from 22 nd January to 26 th January.Mishti Masti – as is christened, the sweet festival is luring mishti maniacs or mishti lovers…
• SHOP AND SAVE BIG: ‘REPUBLIC DAY SALE’ AT PHOENIX MARKETCITY AND PALLADIUM!
  24 January 2021, B4umedia.in
  SHOP AND SAVE BIG: ‘REPUBLIC DAY SALE’ AT PHOENIX MARKETCITY AND PALLADIUM!21st January 2021, Chennai: Kick-start your shopping and savings this year at Phoenix MarketCity and Palladium’s ‘Republic Day Sale’ from 22nd to 26th January 2021.Mallgoers can enjoy a plethora of offers and deals including up to 70% off on 300+ leading brands likeSimon Carter, Zara, Lifestyle, Shoppers stop, Tommy Hilfiger, H&M etc. Adding to the shopping extravaganza, the mall has attractive saver offers on electronic brands like Zebronics, Bose, Dell, MI and many more. Get assured gift voucher worth Rs.1000 for a purchase of Rs.5000…
• How brands are using AR to reach consumers during the pandemic
  24 January 2021, Indianexpress.com
  Luxury fashion houses and beauty brands are aware of how consumer preferences have changed over the last few months, and the use of augmented reality technology is a part of the strategy to innovate in testing times like these.Italian luxury fashion house Gucci is letting customers virtually “try on” shoes and see how they look before buying the same new Augmented reality (AR) lens on Snapchat. If you thought the concept of “shoppable” augmented reality shoe try-on is too niche, you are wrong…
• City Hyderabad: First-ever Inorbit Durgam Cheruvu marathon on January 24
  24 January 2021, M.dailyhunt.in
  Hyderabad: Inorbit mall is all set to host Inorbit Durgam Cheruvu 10k and 5k Marathon run on January 24. The marathon will take place at Inorbit mall, starting at 6 am. The 5k and 10k run will begin at the same time. The run will be flagged off from Inorbit mall and will follow the trail of Durgam cheruvu Bridge. GHMC’s new mayor, corporators to take oath on February 11 Registered participants will get a Puma t-shirt, medal, nutritional breakfast and an e-certificate…
• Enjoy your shopping spree at Express Avenue with Republic Day special sale
  24 January 2021, Businessnewsthisweek.com
  Chennai, kick start your Republic day shopping with sale at one of city’s premier shopping destinations- Express Avenue, from 22 nd -26 th January 2021Brands across Express Avenue would also be offering up to 70% discount for its patrons!Date: 22 – 26 January 2021Time: 11 AM – 9 PMVenue: Express Avenue, RoyapettahExpress Avenue – The Premium Destination Mall of India, is designed keeping in mind the ‘shopper-tainment’ concept, this green building has 1.7 million Sq. Ft. of constructed space with many architecture splendor. It has five floors of retail space including corporate offices and a hotel…
• Get ready to chill this long weekend at Phoenix Marketcity, Pune
  23 January 2021, Aninews.in
  The much awaited long -weekender is almost here starting from January 23rd, which gives you ample amount of time to unwind and enjoy the best leisure and entertainment activities at Phoenix Marketcity, Pune.One of the highlights is the ‘The Art Harvest’ – an assortment of fine cultural performances to pep up the weekend. With zest and patriotism mood Phoenix Marketcity, Pune is all ready for the Republic Day celebration, where you can enjoy the plump tunes of the Santoorist and the mellifluous fiddling by the Violinist on the best artsy music…
• The shutdown of cinemas and malls have largely affected the automobile sector, says Sarthak Sharma
  23 January 2021, Timesofindia.indiatimes.com
  Sarthak Sharma, who founded AutoForSure, India’s number 1 auto taxi booking service provider decided to modify the transport and travel industry, especially from paying due attention to women passenger safety.It also indicates generating employment for the unemployed drivers, who were severely affected by the pandemic. Through this, they aim to help users to find nearby auto-rickshaw or a taxi on their location. The platform has already been the favourite for thousands of people, making their day as efficient as ever…
• New symptoms of style: What the next few seasons will look like for the fashion industry
  23 January 2021, Hindustantimes.com
  Overnight, the buying stopped. Covid-19 altered silhouettes and buying patterns too. What is the way forward? A return to the classics, conscious creation and relaxed silhouettes, designers say. It’s felt like a fashion famine, says Sunil Sethi, head of the Fashion Design Council of India (FDCI), a non-profit organisation that represents the interests of the industry. FDCI hosted its first-ever digital India Couture Week in September, to try and help designers boost business at least a little in the midst of the coronavirus disease pandemic…
• Shop, win and repeat this Republic Day at Oberoi Mall
  22 January 2021, Mediabrief.com
  The celebrations continue at Oberoi Mall giving all shoppers a chance to win big this Republic Day weekend! Patrons shopping for Rs. 3,000/- or more from 22 nd to 26 th Jan 2021 will get a chance to play a unique engaging game only at Oberoi Mall and win rewards points in the Mall’s rewards app – Club Uno along with an assured PVR ICON ticket. Reward points equivalent to upto Rs 60,000/- worth of shopping are up for the grab by patrons when they participate in the game…
• FRAI Mumbai appeals to the Prime Minister to order recall of proposed amendments in the COTPA law as they attack the livelihoods of petty retailers selling tobacco products across India
  21 January 2021, Mumbainewsnetworks.blogspot.com
  Small retailers are already reeling under the aftermaths of the COVID pandemic and this fresh attack will be devastating for their families Around 7.5 Lakh micro and petty retailers to lose substantial incomes and suffer harassment in Mumbai India already has the toughest tobacco regulations in the world and an overkill in the pandemic period is very insensitive Mumbai, 21 January 2021…
• PNI NEWS
  21 January 2021, Pninews.com
  Mumbai: Federation of Retailer Association of India(FRAI), a representative body of about 4 crore micro, small and medium retailers from across the country with membership of 34 Retail Associations from Northern, Southern, Eastern and Western part of the country, today appealed to the Prime Minister Shri Narendra Modi Ji, to intervene and order a recall of the proposed 2020 amendments in the COTPA law which threaten to further attack the livelihoods of petty retailers selling tobacco and related products across India…
• INORBIT MALL to host ‘India’s first Marathon of the year
  21 January 2021, Pninews.com
  Hyderabad: Inorbit is all set to host ‘Inorbit Durgam Cheruvu 10k’ Marathon run on 24th January 2021. Inorbit in association with YouTooCanRun invites people of Hyderabad to register either for the 10km timed run or 5km fun run at Rs 999 & Rs. 599 (plus taxes) respectively. Registered participants will get a Goodie bag, comprising of Puma t shirts Finishers Medal, a Packed Breakfast, and a Digital Finishers Certificate. Winners of the Marathon will be handsomely rewarded with cash prize of upto 2 lakhs across categories…
• 20th January 2021
  20 January 2021, Cellit.in
  Malls and Organised Retail stores across India are looking for breakthrough solutionsto resolve the health and safety concerns related to pandemic after they were allowed to reopen after stringent safetyguidelines. To help the malls and entire retail sector to safely reopen, Prama Hikvision has developedan impressive line-up of solutions for the retail sector. These innovative solutions includethe Temperature Screening Solution, a Crowd-Flow Management Solution and Social Distancing Solution. These Back-to-business solutions are helping the malls and retail outlets to ensure compliance of public safety guidelines…
• RAI seeks retail policy rollout, MSME status for retailers
  20 January 2021, Fibre2fashion.com
  The Retailers Association of India (RAI) recently urged the government to formulate and implement a national retail policy and let retailers register under micro, small and medium enterprises (MSMEs) to receive benefits, saying the industry needs support after almost being squashed because of crisis induced by the novel coronavirus pandemic.The $854-billion Indian retail sector was one of the worst impacted due to the pandemic. Its ripple effects were felt by all stakeholders down the consumption value chain…
• TI&TI Next to host 50% off Republic Day sale from Jan 23
  20 January 2021, Dailypioneer.com
  Indore’s favourite shopping destinations, Treasure Island and TI NEXT will host four days of FLAT 50% OFF as a part of their ‘Republic Day Sale’ from January 23 and shall conclude on January 26 with over 200 prominent brands. The most sought-after brands like Marks & Spencer, Max, Project Eve, The Body Shop, Raymond, Arrow, Park Avenue, Skechers, Central, H&M, Trends, Biba, Regal Shoes, INC 5 and more will all be a part of this sale…
• Retail business requires support
  19 January 2021, React.etvbharat.com
  The retail business sector was drastically affected by the pandemic. Nearly 7 lakh retail shops were closed down due to the liquidity crunch during the lockdown period. The Retailers Association of India (RAI) is demanding that the Center should extend budgetary support if the retail sector is to overcome its problems. Hyderabad: Due to the Covid-19 pandemic, several sectors sank like the chariot wheel of Karna, in the battle of Mahabharata. Retail business sector was one of them…
• Ambience mall probe: Punjab and Haryana HC asks state to help CBI in tracking papers
  19 January 2021, Timesofindia.indiatimes.com
  CHANDIGARH: The Punjab and Haryana high court on Monday asked the Haryana government to provide all assistance to the CBI in tracing some witnesses and documents pertaining to the investigation into the “illegal” conversion of a portion of nearly 19 acres meant forAmbience Lagoon Island residential complex in Gurugram into a commercial complex.CBI was facing some difficulties in tracing the documents related to the case as the matter is around 28 years old…
• ‘Budget 2021 may relook at taxation schedule of luxury industry’
  18 January 2021, Timesofindia.indiatimes.com
  The past year has tested the country on many fronts and that is the reason why the upcoming Union Budget perhaps holds greater significance this year. The Indian economy like most of the other major economies has been in recession due to Coronavirus, and the fiscal deficit has soared to Rs 10.76 lakh crore…
• Haryana assures help in Ambience Mall case
  18 January 2021, Tribuneindia.com
  Chandigarh, January 18The state government on Monday assured the Punjab and Haryana High Court of providing necessary assistance to the Central Bureau of Investigation in its probe in the Ambience Mall case.The assurance came less than six months after Haryana Development and Regulation of Urban Area Second Amendment and Validation Act, 2020 came into being. Already, a petition is pending in the High Court alleging that the Act was enacted with the sole purpose of nullifying judgment in the mall case…
• Select CITYWALK to support its tenants till March-end, expects full recovery in next 6-8 months
  17 January 2021, Outlookindia.com
  Delhi”s upscale mall Select CITYWALK will give rent discounts and waiver to its tenants till the end of the current fiscal and expects sales to reach the pre-COVID-19 levels in the next 6-8 months.Select CITYWALK Executive Director and CEO Yogeshwar Sharma told PTI that beauty, consumer electronics and athleisure are the top categories where sales have almost recovered, while laggards are cinema, food & beverage, fitness, and entertainment.”Recovery is steady. By December 2020, we reached 62 per cent in terms of footfalls in the mall and the sales recovery is around 70 per cent…
• Restaurant sales in Chandigarh suffer due to avian flu
  15 January 2021, Hindustantimes.com
  In the wake of avian flu outbreak, not just poultry shops but restaurants in the city, too, are reporting a drop in sales In the wake of avian flu outbreak, not just poultry shops but restaurants in the city, too, are reporting a drop in sales. Saying that the losses hadn’t been quantified properly, but the losses of 30% to 40% were likely, chairman of the Chandigarh Restaurants and Hotels Association, Manmohan Kohli, said, “People who are coming out to eat are not ordering chicken dishes. for your reference…
• S&N by Shantanu and Nikhil launched at The Pacific Mall
  15 January 2021, Textilevaluechain.in
  New Delhi | S&N by Shantanu and Nikhil, the contemporary occasion wear Indian brand by designer duo Shantanu and Nikhil opened their third flagship store at The Pacific mall, Tagore Garden, Delhi.The luxurious retail brand has always been popularly known for taking pride in being an ‘Anti-trend’ and ‘India-Proud’ brand.The store launch reflects the ideologies of brand expansion. S&N is a brand with a young vision for the Global Indians. The collection available at store is primarily menswear & women’s wear, the brand’s offerings include shirts, signature Drape-kurtas, Bandhgalas, Waistcoats, jackets, Sherwanis and a range of accessories…
• DLF Malls: Resurgence in retail activity has been remarkable
  14 January 2021, Timesnownews.com
  DLF Malls, in an interview to ET NOW, sounded quite optimistic on Retail sector, with footfalls back and International luxury brands leading the comebackDLF Malls sounded quite optimistic on the retail sector, with increasing footfalls and international luxury brands leading the comeback. DLF reiterated that the retail activity after the lifting of the lockdown has been resurgent.It also said that surprisingly sales in international luxury brands are leading the comeback in a strong manner…
• Select CityWalk installs ”Chakr Shield”devices to cut emissions from its DG sets
  14 January 2021, Outlookindia.com
  New Delhi, Jan 14 (PTI) Delhi”s upscale mall Select CityWalk on Thursday said it has installed ”Chakr Shield”, a retrofit emission control device for its diesel generator (DG) sets, which will reduce pollution from the DG sets by up to 80 per cent.”Carbon emissions and clean air are a growing concern, and we all have to play our part in this effort. The DG set ban in Delhi NCR during winters has often proved to be a major bottleneck for us, especially in case of a power cut, hampering a seamless shopping experience…
• Checking intensified in hotels, malls ahead of R-Day
  14 January 2021, Bhaskarlive.in
  New Delhi, Jan 13 | Delhi police has beefed up security measures ahead of the Republic Day. Safety drills are also being carried out at major strategic point in the national Capital in the supervision of senior police officers along with regular safety checks at areas of heavy footfall and other prominent places here. Anti-terrorist measures are also being taken by the Delhi Police as anti-sabotage checks were conducted at Ambience Mall and DLF Mall in Vasant Kunj by Bomb Detection Team and Dog Squad…
• The Galleria Mall concludes its ‘Year-end’ celebration with a magical blast!
  13 January 2021, Businessnewsthisweek.com
  Bringing Christmas cheer to the end of the year, The Galleria Mall in Yelahanka, Bangalore, managed by Brookfield Properties, recently concluded its week-long extravaganza “Trinkets & Toys Fest” on Sunday, December 27 th. Organized with the highest standards of safety and sanitation, the Joyful &Toyful Christmas celebration saw a multitude of the city’s urban youth, kids, and families coming together to shop, dine, and engage in a series of entertaining events and activities…
• Shopping Malls in India – the long haul back
  13 January 2021, Retail.economictimes.indiatimes.com
  After a very difficult 2020 and with the development of a successful vaccine to combat COVID-19 now seemingly assured, we can begin to take stock of the damage that COVID-19 has inflicted on the country’s shopping malls, with the hope to steadily improve the circumstances.It is still early to definitively pronounce the likely date of return to “normalcy” for shopping malls or what the new normal will look like…
• Checking intensified in hotels, malls ahead of R-Day
  13 January 2021, Tfipost.com
  Delhi police has beefed up security measures ahead of the Republic Day. Safety drills are also being carried out at major strategic point in the national Capital in the supervision of senior police officers along with regular safety checks at areas of heavy footfall and other prominent places here. Anti-terrorist measures are also being taken by the Delhi Police as anti-sabotage checks were conducted at Ambience Mall and DLF Mall in Vasant Kunj by Bomb Detection Team and Dog Squad…
• State-of-the-art shopping malls are redefining retail in Rajasthan
  12 January 2021, Indiaretailing.com
  Rajasthan is fast emerging as ‘the’ new retail destination of the new decade and much of the credit for this goes to a plethora of modern shopping malls which are coming up in the region.The state, which is popular for its traditional markets and historical forts, is attracting major real estate investors in its Tier II & III cities. Jaipur has the maximum number of shopping malls in Rajasthan…
• Exciting offers at Phoenix Marketcity and Palladium to Kick-Start The Pongal Shopping!
  12 January 2021, Chennaivision.com
  Super Pongal Sale will be on at Phoenix MarketCity and Palladium from th to 17 th January 2021 providing a wholesome shopping experience for the patrons. This Pongal, patrons can get their shopping list ready and indulge in purchasing from their favorite brands. Prominent outlets like Shoppers Stop, Home Centre, Lifestyle and many more will have up to 70% off . In addition to great deals by brands the patrons can also get vouchers worth Rs.1000/- for purchase of Rs.5000/-.With authentic food and fine music, the Pongal Bazaar will be one-of-its-kind opportunity to enjoy shopping at its full glory!…
• Basement of mall in Dwarka collapses, 1 dead
  12 January 2021, Timesofindia.indiatimes.com
  DELHI: A daily-wage worker was killed after a portion of an under-construction basement of a shopping mall in DwarkaSector 12 collapsed at 5.30pm on Sunday.A group of labourers, who were working with Shek Angar (34), said he was trapped under the debris. A team of firefighters, police and Delhi Disaster Management Authority swung into action and pulled Angar out after a struggle of more than an hour. He was sent to hospital where he was declared dead. His body was sent for autopsy…
• Express Avenue Mall, Chennai’s award winning fashion and entertainment mall,
  10 January 2021, B4umedia.in
  Express Avenue’s Pongal Festival cheers up shoppersChennai, 10 January 2021: Express Avenue Mall, Chennai’s award winning fashion and entertainment mall, delighted its patrons for the harvest holiday with ‘Express Pongal Festival’- An event filled with music, fun acti vities, and an endless shopping spree. It is a three-day fest from 8 January to 10 January 2021. An exhibit of stalls was set-up where patrons could buy handmade products from small artisans and support them…
• Budget 2021 expectations | Retail industry eyes govt measures to spur spending
  10 January 2021, Moneycontrol.com
  There is a case for the government to relook at the existing FDI policy for multi-brand retail trade and raise the cap of FDI from the current level of 51 percent under the approval route.V2 Retail: Bennett Coleman & Company sold another 4.5 lakh shares in company at Rs 97.5 per share on the BSE.The Indian retail industry is one of the worst affected sectors due to the COVID-19 pandemic. While some recovery in demand was witnessed during the festive season, sustenance of this demand remains critical for the overall revenue prospects of the industry…
• Phoenix Mills share price gains 8% on sustained recovery in consumption at its malls
  09 January 2021, Moneycontrol.com
  Company is witnessing significant interest from customers for ready-to-move-in inventory at One Bangalore West and Kessaku.share price gained 8 percent intraday on January 8 after reporting its business updates for the quarter ended December 2020.The company saw sustained recovery in the consumption at its malls since reopening, said in the.The consumption across retail portfolio came in at Rs 13.7 billion in Q3 FY21, up 192% QoQ and at approximately 66% of Q3FY20, it added.Consumption in December 2020 was steady at approximately Rs 5 billion, at the same level as November 2020 and at 70% of December 2019…
• Tuck into a kebab and biryani spread at the Bar- Be- Queue festival in Acropolis Mall
  09 January 2021, Indiablooms.com
  Acropolis Mall in south Kolkata is holding a Kebab and Biryani festival in association with RED FM and Foodzpah.Named Bar- Be- Queue, the festival is on till January 10, 2021.Some of the popular brands participating in the festival are 6 Ballygunge Place, Go Lebanese, Hazir, Sengupta’s, 3 idiots, Poush Parbon, The Biryani Chapter, and The Galley.There are both vegetarian and non-vegetarian options.The Festival was inaugurated by actor Sayantani Guhathakurta and General Manager, Acropolis Mall, K Vijayan…
• Pacific Mall collaborates with KAW for animal welfare
  09 January 2021, Indiacsr.in
  Pacific Mall, Tagore Garden collaborates with Kannan Animal Welfare, a not-for-profit organisation aimed specifically at providing care, shelter and potential rehoming for stray animals. Pacific Mall, Tagore Garden in the recent collaboration at New year’s day with KAW donated blankets and jackets to 125+ dogs residing in their shelter. KAW initiated as a project of Kannan Foundation in 2015, was created to ensure that the quality health care that is available to human beings is equally available and expedient for animals as well.They also arrange feeding programs, provide feeder support, and sterilization to the healing animals…
• Bengaluru may soon get back to normal lifestyle
  09 January 2021, Nyoooz.com
  The Karnataka government is working on implementing a recent order that allows shops, restaurants, malls, and other establishments that come under the Karnataka Shops and Commercial Establishment Act, 1961, to remain open 24X7 to help generate employment and revive its sagging economy. The Karnataka government is working on implementing a recent order that allows shops, restaurants, malls, and other establishments that come under the Karnataka Shops and Commercial Establishment Act, 1961, to remain open 24X7 to help generate employment and revive its sagging economy…
• Multiplexes are still not performing very well, content pipeline is weak: Phoenix Mills
  09 January 2021, Cnbctv18.com
  In a bid to boost real estate activity hit by the pandemic, the Maharashtra government on Wednesday announced to slash real estate premiums by 50 percent till December 31. Experts say the move is a win-win for home buyers as well as developers.Shishir Shrivastava, MD of Phoenix Mills said spoke to CNBC-TV18 and said that they saw a sustained recovery in consumption at malls since reopening.“Trends indicate that we are on the path of the same growth, but I think we are still a while away before we get back on the same trajectory where we were in January 2020…
• Mukesh Kumar, CEO, Infiniti Mall
  09 January 2021, Indiainfoline.com
  As a brand, we can incorporate quality hygiene and sanitation facilities in our malls and that has been our prime priority when the SOP for mall reopening was issued.In an interaction with Shweta PAprilwal, Editor, indiainfoline.com, Mukesh Kumar, CEO, Infiniti Mall said, “Malls have been of the most sought-after hangout spots for friends, families etc. Of course, things have changed given the pandemic and people are scared to now do things they would otherwise do without batting an eyelid”.Festive season is when people are on a high when it comes to shopping and malls are their go-to places…
• Malls report 65-80% recovery in December
  08 January 2021, Livemint.com
  DLF Retail, InOrbit, Nexus Malls and Viviana Mall reported between 65-80% recovery in December business compared to a year ago period led by categories such as electronics, home and furnishings.NEW DELHI : India’s top malls, that struggled as covid cases surged, reported 65-80% recovery in December business led by year-end festivities, steep discounts, sale of winter wear up north, and some resumption in dine-in.DLF Retail, InOrbit, Nexus Malls and Viviana Mall reported between 65-80% recovery in December business compared to a year ago period led by categories such as electronics, home and furnishings; while in north strong winters and deep…
• Infinique Mall is bringing brands closer to consumers with unique shopping experience
  08 January 2021, Thestatesman.com
  Established in August 2020, Infinique Mall has been in the making for the past 2 years, as far as its business model, technical expertise or curating the brands is concerned.It is different from the physical malls that you frequent every weekend because it gives you a more convenient online experience, whenever and wherever you want. (SNS)India is home to more than 30,000 Small and Medium Enterprises (SMEs) who are selling consumer products and services. These enterprises face numerous challenges when it comes to marketing themselves, especially in the online space, primarily owing to budgetary or skill constraints…
• Infiniti Mall, Malad and Andheri announce a flat 50 pc sale
  08 January 2021, 99acres.com
  Don’t we all miss the in-person shopping experience? After all, there is no better joy than in taking your own time, skimming through brands, and getting to shop till you drop.Well, here is your chance. It is that time of the year when you can put on your shopping shoes, thanks to Infiniti Mall Malad’s flat 50 percent sale on Friday, 8th January 2021 and Infiniti Mall, Andheri on 10th January 2021…
• Pacific Mall collaborates with KAW for animal welfare
  07 January 2021, Pninews.com
  Pacific Mall, Tagore Garden collaborates with Kannan Animal Welfare, a not-for-profit organisation aimed specifically at providing care, shelter and potential rehoming for stray animals. Pacific Mall, Tagore Garden in the recent collaboration at New year’s day with KAW donated blankets and jackets to 125+ dogs residing in their shelter. KAW initiated as a project of Kannan Foundation in 2015, was created to ensure that the quality health care that is available to human beings is equally available and expedient for animals as well.They also arrange feeding programs, provide feeder support, and sterilization to the healing animals…
• Infiniti Mall, Malad and Andheri announce a flat 50% sale on 8th and 10th January
  07 January 2021, Mediabrief.com
  Don’t we all miss the in-person shopping experience? After all, there is no better joy than in taking your own time, skimming through brands, and getting to shop till you drop.Well, here is your chance. It is that time of the year when you can put on your shopping shoes, thanks to Infiniti Mall Malad’s flat 50% sale on Friday, 8th January 2021and Infiniti Mall, Andheri on 10th January 2021…
• Fizzy Goblet surprise in Bangalore’s Orion Mall
  07 January 2021, Shoesandaccessories.in
  Online footwear favourite, Fizzy Goblet launches its third retail store in Bangalore’s Orion Brigade Gateway Mall after its first two in as many as two years in Mumbai and Delhi. Laksheeta Govil, the founder says, “We have done a lot of pop-up stores in Bangalore to a great response. I have personally always enjoyed my time here- everything from the city’s vibe to its weather is a dream. Opening our store here was a long-held plan and it’s exciting to finally be opening our doors…
• Consumer behaviour, changing retail
  07 January 2021, Telanganatoday.com
  Both on and offline shopping need to provide a wider choice as well as ‘Trust’ and ‘Vast’ to the new generationWho will concede first? Will the fight between Reliance and Amazon end soon? No matter who gets what, this fight from the consumer point of view is one of ‘Vast’ and ‘Trust.’The Future Group has been in the Indian market since 2001…
• RAI welcomes Karnataka decision to allow shops, malls, restaurants to stay open 24×7
  06 January 2021, Indiaretailing.com
  Retailers Association of India ( RAI ) has been working with the State Government of Karnataka for enabling Ease of Doing Business and has beenpursuing various departments to adopt the State Retail Trade Policy and allow retailers to operate 24X7, in line with the State Governments of Maharashtra & Tamil Nadu.Under the ‘Karnataka Shops and Commercial Establishment Act, 1961 (Karnataka Act 08 of 1962)’ the Government of Karnataka has permitted all shops, malls and restaurants in the state employing more than 10 persons, to remain open for 24X7 on all days of the year for a period of three years…
• The race to take fashion retail online Indian economy expected to contract by 9.6% in FY21: World Bank
  05 January 2021, Livemint.com
  Post-covid, apparel retailers are scrambling to build e-experiences. It’s turning out to be a steep learning curve.In 2020, 22-year-old Bhavya Guglani spent a significant part of her monthly salary s hopping online, with a little help from eight shopping apps that she checks ever so often on her iPhone 11—for bargains on sneakers, bags and jackets.Guglani, who works with an event management company in Delhi, recently picked up a? 12,000 bag from retailer DaMilano’s website…
• 2021 Offers Huge Growth Opportunity for India’s Ecommerce
  05 January 2021, Cxotoday.com
  The year 2020 saw a massive shift for India’s ecommerce industry, largely driven by the Covid-19 pandemic. The sector not only recovered after the nationwide lockdown, but also witnessed the most successful festive sales period ever.As per a report by India Brand Equity Foundation (IBEF), ‘The Indian E-commerce industry has been on an upward growth trajectory and is expected to surpass the US to become the second largest E-commerce market in the world by 2034…
• SHOP AND WIN PRIZES WORTH ONE CRORE AT PHOENIX MARKETCITY’S END OF SEASON SALES!!!
  05 January 2021, B4umedia.in
  SHOP AND WIN PRIZES WORTH ONE CRORE AT PHOENIX MARKETCITY’S END OF SEASON SALES!!!31 December 2020, Chennai: As we gear up to greet the new year with a long weekend, Phoenix MarketCity and Palladium is all set to make 2021 our year with the most awaited End of Season Sale.Embrace the most awaited shopping season at Phoenix MarketCity and Palladium with exciting offers of Flat 50% on 200+ leading outlets. The mall is celebrating the New Year by giving its patrons a chance to win prizes worth 1 Crore…
• RAI welcomes allowing shops, malls & restaurants to stay open 24X7 in Karnataka
  04 January 2021, Knnindia.co.in
  Retailers Association of India (RAI) has been working with the state government of Karnataka for enabling Ease of Doing Business and has been pursuing various departments to adopt the State Retail Trade Policy and allow retailers to operate 24X7, in line with the state Governments of Maharashtra & Tamil Nadu…
• Budget 2021 expectations | Digital infrastructure push, import duty extension key to retail sector growth
  04 January 2021, Moneycontrol.com
  Giving more money in the hands of the consumer would be a key push to bring the momentum back.Indian retail sector is gradually coming out of the dark shadow cast by the pandemic and looking up to theUnion Budgetwith optimism. Month-on-month recovery is seen across categories. November 2020 saw consumer durables and electronics logging sales of 12 percent YoY, the food and grocery segment also demonstrated YoY sales growth at 5 per while apparel and clothing continued to struggle, showing 12 per cent YoY…
• Tamil Nadu becomes first state to allow 100 per cent occupancy in theatres
  04 January 2021, Theweek.in
  The Tamil Nadu government on Monday allowed theatres in the state to open with 100 per cent capacity. The decision comes a few days after actor Vijay met Chief Minister Edapadi K. Palaniswami to request permission to allow 100 per cent seating capacities. Theatre owners had also requested the CM. Vijay’s Master is set to release in theatres on January 13 to coincide with Pongal…
• Pedal Your Way To Inaugurate The Winter Magic At Inorbit Mall Malad
  04 January 2021, Textilevaluechain.in
  60 CYCLISTS FROM THE MALAD CYCLING CLUB PEDAL THEIR WAY TO INAUGURATE THE WINTER MAGIC AT INORBIT MALL MALAD~ Now rent a cycle and drive through the spectacular décor with illuminated lights, Christmas figurines and spectacular arches ~Mumbai, 21 December 2020 : As the Christmas fever grips the city, Inorbit mall Malad has kicked off the celebrations in style. Inorbit Malad has created quite a buzz in the vicinity with the spectacular inauguration of Winter Magic – A magical Christmas drive through…
• Fire At Noida Shopping Mall, None Hurt
  03 January 2021, Republicworld.com
  A fire broke out in the warehouse of a shopping mall in the commercial hub of Sector 18 in Noida on Sunday, officials said.The fire was reported around 1 pm and has been doused, they said.”The fire broke out in the warehouse of DLF Mall of India which was soon doused by Fire Department. Nobody was injured in the incident,” an official from local Sector 20 police station said.The cause of the fire and the damage to property were yet to be ascertained, the official said…
• BMC razes 200 illegal shops on Orchid City Centre mall premises
  03 January 2021, Indianexpress.com
  The Mumbai Fire Brigade investigation had found that as per the mall’s blueprint, there were only 344 permitted galas (shops). However, a total of 1,344 shops were functioning when the fire broke out.Two months after a major fire broke out at the Orchid City Centre mall at Mumbai Central, the civic body here demolished over 200 unauthorised shops on the premises. The fire, which broke out on October 22, was doused after a 56-hour operation, one of the longest in the city…
• Consumers to spend on grocery, connectivity
  02 January 2021, Retail.economictimes.indiatimes.com

  The consumer would continue to spend on household products, grocery and the essentials as usual — this occupies about a third of his wallet (see graphic). In addition, education expenses would be a priority for households. Alongside, internet connectivity required to work remotely would see a higher portion of spends.Mumbai/New Delhi: Health, wellness and nutrition products & services will occupy a larger share of the consumer’s wallet in the new year. This is because cautiousness would continue to rule 2021, even as the Covid vaccine’s rollout plan raises hopes…

• Indian retailers cautiously optimistic about 2021: RAI
  01 January 2021, Fibre2fashion.com
  Pandemic-hit Indian retailers are cautiously optimistic about 2021, according to a survey by the Retailers Association of India (RAI) that indicated a steady month-on-month recovery for retail businesses across India, with sales in November this year being 13 per cent short of the sales during the same month in 2019. Festive shopping triggered the recovery.”Retailers are moving towards 2021 with cautious optimism. However, the industry is hopeful of achieving nearly 85 per cent of pre-pandemic levels of business in the next six months,” RAI chief executive officer Kumar Rajagopalan said in a statement…