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Retail and restaurants to benefit as lockdown eases

The removal of lockdown restrictions marks a step-by-step approach to restore normalcy and retail and restaurants are expected to benefit from it. According to a research by Motilal Oswal Securities, this is a good calibrated step towards resumption of the...

Radhakishan Damani contributes Rs 100 cr to PM CARES Fund

Promoter of Avenue Supermarts, Radhakishan Damani has contributed Rs 100 crore to the PM-CARES Fund for the fight against the coronavirus pandemic. He also contributed Rs 55 crore to several state relief funds. Damani has made the contribution through his...

Covid 19: Retailers roll out steps to maintain social distancing, sanitisation at stores

Big retailers, which are presently dispensing only essential items amid the lockdown, are taking precautionary measures like restricted entry and marked lines to maintain social distancing to avoid coronavirus infection at their stores. According to a PTI report: Some stores...

Damodar Mall, CEO – Grocery Retail, Reliance Retail

  Damodar Mall is currently the Chief Customer Strategy Officer of Reliance Retail Ltd. He is the ex-Director, Integrated Food Strategy at Future Group and was part of Kishore Biyani’s core strategy team. Mall is also the author of 'Supermarketwala' ,...

Marico extends its food portfolio with the launch of ‘Coco Soul’ range

Marico Limited, one of India’s leading FMCG majors has launched a range of vegan gourmet products under the brand name ‘Coco Soul’. The range includes 100 percent organic virgin coconut oil, 100 percent natural virgin coconut oil and 100...

Avenue Supermarts Q3 net rises 2.1 pc to Rs 257 cr

Avenue Supermarts, which runs the D-Mart supermarket chain, Saturday posted 2.1 percent jump in its net profit to Rs 257 crore for the December 2018 quarter. The company had reported a net profit of Rs 252 crore in the...

Avenue Supermarts Q2 net jumps 18 pc to Rs 225 crore

Avenue Supermarts, which runs the D-Mart supermarkets chain, has posted 18.1 percent jump in its net profit to Rs 225.7 crore for the quarter ended September 30.According to a PTI report: The company had reported a net profit of...

Shubh Food Products: Leading the Spice Race

Shubh Food Products has carved a name for itself in the past 18 years. Starting off with a simple spice product Asafoetida (hing), the company now boasts of numerous private label products under its belt. Founder Gaurav Gambhir once...

E-retailing market likely to surge two-fold in three years

The booming e-retail market is likely to surge over twofold over the next three years, as players will be forced to shift their focus from discounts to consolidation, geographical diversification, business realignment and enhancing customer stickiness, says a report.According...

Avenue Supermarts Q3 net jumps 65.8 pc on improved gross margins

Avenue Supermarts, which runs the D-Mart supermarkets chain, has posted a 65.77 per cent jump in its net profit on account of overall increase in margin mix and improved operating costs.According to a PTI report: Its net profit stood...
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Phoenix Palladium, Mumbai welcomes 4 new brands

The newly launched brands include Lifestyle, Celio, Ecco, and San-Cha Tea Boutique Bengaluru: Phoenix Palladium Mall in Mumbai, operated by...
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