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Ikea kicks off construction process of its Noida store

The site will be home to India’s first Ingka Centre, a multi-storey retail destination with Ikea as the anchor and other brands as tenantsNew Delhi: Ingka Group, the parent company of Ikea, has started the process to construct a...

Pacific to open premium outlet centre in Jasola

The centre will be home to discounting stores of bridge-to-luxury labels including GAS, Diesel, Superdry, Ted Baker, Brooks Brothers, Quicksilver, Roxy, Kenneth Cole, Paul, Tommy Hilfiger and Calvin Klein New Delhi: Pacific Group is readying to open doors to its first...

Brands lure consumers with advance EOSS and greater discounts to liquidate inventories

Is the early onset of End of Season Sales, steep discounts and year-long sales spelling the end of specific defined sales seasons? New Delhi: The pile-up of unsold inventories in warehouses and low business sentiment in stores have not only...

Future Lifestyle Fashion debt reduced to Rs 1,827.9 cr; total default at Rs 1,465.7 cr

FLFL's default of Rs 1,465.67 crore "comprised of the persisting default" of Rs 436.01 crore for the September 2022 quarter, the company said in a regulatory filingNew Delhi: Debt-ridden Future Lifestyle Fashion Ltd (FLFL) on Monday said its total...

PVR aims to become 1,000-screen film exhibitor by FY24; to invest Rs 300 crore to add 100 screens

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 presenceNew Delhi: Multiplex operator PVR aims to operate 1,000 screens by the...

Bengaluru’s India Coffee House dons a new avatar in golden jubilee year to woo youth

While the furniture remains the same, the walls, ceiling and lighting arrangements have been improved Bengaluru: Spreading its 'aroma', India Coffee House (ICH) on Ambedkar Road in Bengaluru got a refreshing avatar in its golden jubilee year. Started in 1972, the...

Meta hires former Tata CLiQ CEO Vikas Purohit to head global business group in India

Vikas Purohit will lead the strategy and delivery of the charter that is focused on the country's leading advertisers and agency partnersNew Delhi: Social media platform Meta has appointed Vikas Purohit as Director of Global Business Group in India...

Zara in talks with Mall of Asia in Bengaluru for a 9,000-sq. ft. Zara Home standalone store space

A move that comes close on the heels of rivals Stockholm-based H&M and London-based Marks & Spencer launching their home wares in India last year New Delhi: Inditex SA is in talks with Phoenix Mills Ltd to open a standalone...

Tech icon of the week: Amit Arora, SHR Lifestyles Pvt. Ltd.

IndiaRetailing brings you a series on India’s key retail tech icons. Featuring Amit Arora, CIO at SHR Lifestyles Pvt. Ltd. this weekToday’s CIO must know how to leverage technology to create value for the business. No longer are CIOs...

Building the Next Generation of Food Stores

U.S. Retailers can learn from some of the pioneering fixtures and formats already established in Europe and CanadaFood retailers around the globe are facing important challenges right now: labour shortages and costs, as well as rising energy costs. As...

Amazon to lay off around 1,000 employees in India

According to Amazon CEO Andy Jassy's blog post, the company has decided to eliminate 18,000 roles across the globe and it will impact about 1,000 employees in IndiaNew Delhi: E-commerce company Amazon plans to lay off around 1,000 employees in...

Costco: Keeping the Faith

How the membership warehouse operator Costco Wholesale Corp. rides the loyalty factor for robust sales and growthBy Lynn PetrakLoyalty can’t be bought, even with a membership. That’s something that Costco Wholesale Corp. has learned and honed to its advantage...

NCLT admits insolvency plea against Future Supply Chain Solution

Future group firm Future Supply Chain Solutions Ltd. in a regulatory filing said the Mumbai bench of National Company Law Tribunal has allowed the plea filed by DHL E-commerce (India) Pvt. Ltd., claiming defaultNew Delhi: The National Company Law...

Hidesign: Handcrafted Success

Pondicherry-based international leather goods brand Hidesign makes hand-crafted products even today with the belief that human hands have soul. Edited excerpts with an email exclusive with founder Dilip Kapur…At Pondicherry-based Hidesign’s atelier, craftswomen work in groups to construct a...

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Starbucks opens 444th store in India

Located at Metro Junction Mall, Kalyan, Maharashtra, the new outlet is the 109th location of Starbucks in West IndiaBengaluru:...
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