latest retail news
Leaders Ink
Retail to Shift from Highstreets to Highways
With the construction of new highways, the increasing affordability of cars, and the soaring rental prices on high streets, it is natural for retailers to reconsider their location strategies
Ten years from now, highways will contribute to a sizeable turnover...
In Focus
Retail sector set for 10-13% growth in 2024
PTI -
Network expansion, a strong uptick in demand for premium brands, increasing traction for value brands in smaller cities and general elections will be among the key drivers for the retail sector, which is also moving from being just a...
Latest News
Gem, jewellery exports dip by 4.52% in Nov to Rs 19,018 cr: GJEPC
PTI -
Exports stood at Rs 19,917.73 crore (USD 2437.53 million) during November 2022Mumbai: The overall gem and jewellery exports witnessed a on-year decline of 4.52% in November to Rs 19,018.180 crore (USD 2,263.34 million), GJEPC said on Friday.Exports stood at...
Food & Beverage
McDonald’s opens drive thru store in Kerala
The new standalone outlet is positioned on a 14,000 sq. ft. plot of land in Kottayam district
 Bengaluru: US-based fast-food chain McDonald’s has launched its new drive-through store in Kerala, a company official wrote on social media earlier this week.
The standalone...
E-Commerce
Meesho posts first-ever profitable quarter in FY24; loss dips to Rs 141 crore in first half
PTI -
New Delhi: Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated profit after tax in the second quarter ended September 2023.The company did not disclose the amount of profit it earned in the July-September...
Fashion & Lifestyle
Chanel opens its first fragrance and beauty store in Mumbai
The new Chanel outlet is located at Phoenix Palladium mall, Lower Parel, Mumbai
Bengaluru:Â French luxury fashion house Chanel has launched its first fragrance and beauty store in Mumbai, an industry official wrote on social media last week. Located at Phoenix...
Latest News
Voyage Eyewear appoints Sahil Sharma as director of marketing
Sharma will be responsible for driving the brand's marketing strategies and expanding its reach on a local and global scaleNew Delhi: Voyage Eyewear, a direct-to-consumer (D2C) brand offering luxury sunglasses, announced in a press release that it has appointed...
Finance & Funding
Ratan Tata to divest all shares in FirstCry IPO
PTI -
Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel platform FirstCry, in the upcoming IPONew Delhi: Veteran industrialist and former Tata Group Chairman Ratan Tata is looking to sell all 77,900 shares...
Finance & Funding
Dermocosmetics startup SkinQ gets seed funding
PTI -
The funds will be utilised towards new product launches, research and development, team expansion, and brand enhancementNew Delhi: Dermocosmetics startup SkinQ on Thursday said it has secured seed funding led by Inflection Point Ventures.The funds will be utilised towards...
Fashion & Lifestyle
FirstCry’s parent Brainbees files papers to garner funds via IPO
PTI -
The Pune-based company's proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 1,816 crore and an Offer For Sale (OFS) of up to 5.44 croreNew Delhi: Brainbees Solutions Ltd, which owns omnichannel baby and mother-care...
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Latest News
Flipkart expects to create 1 lakh new jobs ahead of festival season
Most of the jobs created by e-commerce companies during the festival season sale are seasonalNew Delhi: E-commerce major Flipkart...
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