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Retail tech case study: How Wow Momo increased repeat customer purchases by 80%

Wow Momo also received 30,000 orders within just two months of the chatbot’s launch Mumbai: Founded in 2008 by Sagar Daryani and Binod Homagai, Wow Momo has emerged as a prominent Indian fast-food restaurant chain based in Kolkata. The brand...

Samsonite says it grew 40% in first half of 2023; eyes Rs 3,600 crore sales by December

The company said it gets 20-25% business from premium segment where it faces little competitionNashik: Premium luggage manufacturer Samsonite has grown close to 40% in the first half of 2023 and it aims to touch Rs 3,600 crore sales...

Furniture brand WoodenStreet opens outlet in Mumbai

Spanning 6,000 sq. ft., the new WoodenStreet retail store is located at Mira Road in Mumbai Mumbai: Omnichannel furniture brand WoodenStreet has opened its 10th store in Mumbai, Maharashtra, the company announced in a press release on Thursday. Spanning 6,000...

Upsilon launches first retail store in Ahmedabad

The new Upsilon store is located at the Sardar Vallabhbhai Patel International Airport Mumbai: Upsilon, a premium D2C perfume brand, has opened its first retail store in Ahmedabad, Gujarat, the company announced in a press release on Thursday. The new store is...

Uniqlo announces second Mumbai store

Located at Oberoi Mall in Goregaon East, the new store is spread across 7,500 sq. ft. and is scheduled to open on October 20, 2023 Mumbai: Uniqlo, the Japanese global apparel retailer, announced the opening of a second store in...

Future Retail resolution professional moves NCLT to seek extension of insolvency deadline till Sept 15

The RP of the company has moved an application before the Mumbai bench of NCLT to exclude a period of 29 days from CIRP of Future Retail Ltd, according to a regulatory filingNew Delhi: The resolution professional (RP) of...

Bata bolsters premium portfolio, aims 20% sales from online in next 2-3 yrs: MD Gunjan Shah

The company is expanding its presence in both channels - physical stores and online - and expects e-commerce to contribute 20% of its total sales in the next two to three yearsNew Delhi: With inflation cooling off, leading shoemaker...

Reliance Retail exploring a tie up with US brand Old Navy

If the talks fructify, Old Navy would be the second brand from Gap’s stable to join forces with Reliance Retail New Delhi: Reliance Retail is exploring possibilities to bring Old Navy, a brand owned by US fashion group Gap Inc., to...

Are department stores still relevant to malls?

Are department stores still the heroes in a mall? Do they still have a significant impact on the success of a shopping mall as they did at the peak of their popularity? We ask some leading shopping centre players New...

The legend of Radhakrishna Damani: The creator of DMart

Today, Damani's brainchild DMart is a nationwide network of over 200 storesBengaluru: Nearly two decades and a year have passed since Radhakishan Damani, India's retail magnate, established DMart, a venture that propelled his wealth to ₹1,39,053 crores.With a pre-existing...
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Ambani unveils growth roadmap for Reliance, co to double in size by 2030

The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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