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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...

Retail sector set for 10-13% growth in 2024

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...

Gem, jewellery exports dip by 4.52% in Nov to Rs 19,018 cr: GJEPC

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...

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...

Meesho posts first-ever profitable quarter in FY24; loss dips to Rs 141 crore in first half

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...

Chanel opens its first fragrance and beauty store in Mumbai

The new Chanel outlet is located at Phoenix Palladium mall, Lower Parel, Mumbai Bengaluru: 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...

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...

Ratan Tata to divest all shares in FirstCry IPO

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...

Dermocosmetics startup SkinQ gets seed funding

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...

FirstCry’s parent Brainbees files papers to garner funds via IPO

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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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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