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IPO-bound Brainbees (FirstCry) plans to open over 350 new stores in 3 years in India

The new stores will be a mix of BabyHug and FirstCry exclusive stores across India, many of which will be in non-metrosMumbai: Leading mother and baby products retail company Brainbees Solutions Ltd. plans to open 380 stores across India...

Clicks To Bricks: Flipping the script

This digitization of shopping has created a tectonic shift in shopping behaviour and ways of doing business. While establishing digital presence was the craze till now, a new shift in the trend has been apparent of late. Images BoF...

No Child’s Play: Kidswear is serious business for brands

Up until 10 years ago, kids in India would wear whatever their caregivers decided was right for them. They were dressed in hand-me-downs, sensible jeans, warm sweaters and comfortable jackets. But gone are those days. Ten years down the line...

Amazon, Flipkart to face tougher competition from retailers in 2017

Riding high on mergers and acquisitions, retail players made a strong comeback this year, taking online giants head-on in doling out deals and discounts, and the trend is likely to continue next year. However, the Government's surprise move to pull high...

Mahindra & Mahindra sells Babyoye to FirstCry for Rs 362.1 cr

Mahindra & Mahindra (M&M) on Saturday said it would sell its franchise business to FirstCry for Rs 362.1 crore on a slump sale basis. The move is expected to help FirstCry significantly expand its offline presence as well as strengthen...

Brick-and-mortar omnichannel mantra: Acquire online startups

Earlier this month, Kishore Biyani-led Future Group acquired furniture e-tailer FabFurnish, reiterating a now-familiar pattern of buyouts by pure-play brick-and-mortar retailers of niche online commerce companies. Over the past year, several such takeovers have been in the news, including that...

Mahindra Retail makes sweeping changes to kick-start revival

In continuing moves to clip losses and streamline operations at the Mom & Me chain, Mahindra Retail Pvt. Ltd is to down the shutters at 25 stores by the end of March, while also making sweeping changes to its...
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RBI permits UPI transactions via prepaid payment instruments using third-party apps

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...
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