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Indian Retail Industry

Retail inflation eases to 11-month low of 4.83% in April

The central bank has projected the CPI inflation for 2024-25 at 4.5%New Delhi: Retail inflation eased to an 11-month low of 4.83% in April as prices of some kitchen items declined though overall food basket firmed up marginally, according...

Zomato to surrender RBI licence to operate as online payment aggregator

Zomato announced the incorporation of ZPPL in 2021 as its wholly owned subsidiary to carry out the business as a payment aggregatorNew Delhi: Food tech major Zomato on Monday said its subsidiary Zomato Payment Pvt Ltd (ZPPL) has decided...

Zomato posts Q4 consolidated net profit at Rs 175 crore

Consolidated revenue from operations stood at Rs 3,562 croreNew Delhi: Online food delivery firm Zomato Ltd on Monday reported a consolidated net profit of Rs 175 crore in the March quarter on the back of higher revenue.The company had...

Malls are getting bigger, shifting from transactional centres to community centres

Malls are expanding in size, which is reshaping the consumer dynamics, say industry experts speaking at the Phygital Retail Convention (PRC) 2024Bengaluru: These days, developers are constructing much larger malls, shifting away from traditional transactional shopping centres towards multifaceted...

Offline or online, retail is where the consumer is: Industry leaders at PRC 2024

Adapting products and services in line with evolving consumer preferences is essential for brands to succeedBengaluru: Regardless of whether it's offline or online, the focal point of retail business should be consumers, compelling brands to adapt to consumer demands...

India witnesses 11.5% increase in mall consumption in FY 2024

North India and West India are at the forefront of the mall consumption surge, with growth rates of 13.0% and 13.9%, respectivelyBengaluru: India witnessed 11.5% increase in mall consumption nationwide in the fiscal year 2024, according to a business...

FirstCry’s parent firm Brainbees Solutions re-files IPO papers; issue size remains unchanged

Its proposed IPO is a combination of a fresh issue of equity shares and an Offer For SaleNew Delhi: Brainbees Solutions Ltd, the parent firm of online e-commerce platform FirstCry, has re-filed preliminary papers with Sebi to raise funds...

Titan reports 5% increase in PAT to Rs 771 cr for Q4

The company posted a profit after tax (PAT) of Rs 736 crore in the year-ago period.New Delhi: Titan Company on Friday reported a 5% increase in consolidated profit after tax to Rs 771 crore for the March quarter.The company...

Manish Kapoor’s Journey Fashioning Success in Retail

From Jaunpur to Jakarta, Meerut to Melbourne, and Shillong to Singapore, Manish Kapoor, Managing Director and CEO of Pepe Jeans London, has traversed across geographies, leaving an indelible mark of excellence in the fashion industry. His journey epitomizes success...

VLCC to open over 100 beauty and wellness clinics nationwide

The new clinics will feature VLCC services, encompassing skincare, haircare and wellness treatmentsBengaluru: Beauty and wellness brand VLCC is planning to expand its retail presence with the opening of over 100 beauty and wellness clinics nationwide, the company said...
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Indian consumers prefer ‘offers’ faster online than offline: Report

The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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