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Persistence of retail inflation beyond 6 pc may lead to rise in interest rates: Report

The growing threat of stagflation for the Indian economy and persistence of retail inflation above 6 percent may lead to...

V2 Retail reports Q1 net loss of Rs 8.92 cr

V2 Retail on Wednesday reported a standalone net loss of Rs 8.92 crore for the first quarter ended June 30,...

Reliance Retail acquires majority stake in Netmeds for Rs 620 cr

Reliance Industries Limited (RIL) on Tuesday announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity...

Mukesh Ambani in talks to buy several retail e-commerce firms

Mukesh Ambani is looking to expand his retail footprint by acquiring several e-commerce players. This is being seen as a precursor...

Retail custom furniture brand WoodenStreet spends Rs 7.4 crore in physical expansion

With an investment of RS 7.4 crore, custom furniture startup WoodenStreet is expanding into the markets of West Bengal and...

Women’s fashion retailer Madame to launch six new stores across India on-demand pick-up in Tier II

Women’s apparel retailer Madame announced the launch of six new stores seeing demand pick-up in the Tier II cities across...

Degrowth rates peak, lockdown relaxations ineffective for retail: Survey

No industry or individual has escaped unscathed from the lockdown, and retail lies at the very intersection. A recent survey...

Pandemic: How technology has emerged as a saviour for retailers

With novel coronavirus cases growing exponentially in India, the coming months present a major challenge for retail businesses. As one...

Retail inflation at 6.93 pc in July

Retail inflation rose to 6.93 percent in July, mainly on account of higher prices of food items, government data showed...

Aditya Birla Fashion and Retail Q1 results: Posts net loss of Rs 410 crore

Aditya Birla Fashion and Retail Ltd (ABFRL) on Thursday reported a consolidated net loss of Rs 410.36 crore for quarter...

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Lee plans to double its store count in India by FY24

The retailer will have over 80 stores by the end of the current fiscal year and aims to reach...