latest retail news
In Focus
UPI, Credit to further drive digital payments in e-commerce: Experts
According to experts speaking at the Internet Commerce Summit, international adoption of UPI, increase in transaction limits and credit offered by e-commerce players are the hallmarks of the digital payments evolution
Bengaluru: Notable changes are on the cards for Unified Payments...
FMCG
ITC’s FMCG biz grows at 14% CAGR in last 3 years, Aashirvaad becomes Rs 8,000 crore brand
PTI -
Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 yearsNew Delhi: Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the...
Latest News
Fitness service platform Cult.fit partners with Unicommerce
Cult.fit will use Unicommerce’s service to streamline the supply chain operations for smart fitness products
New Delhi: Bengaluru-based fitness service and product platform Cult.fit has partnered with e-commerce enabling platform Unicommerce, a release by Unicommerce stated on Tuesday.
According to the release,...
In Focus
Youth, Bharat will drive the next wave of growth for Digital Commerce & D2C: Experts
More D2C brands will emerge from tier 2 or tier 3 cities and youth are driving digital commerce with 80% purchases from the channel according to experts speaking at the Internet Commerce Summit in Bengaluru
Bengaluru: Tier 2 and tier...
Fashion & Lifestyle
Motisons Jewellers IPO to open on Dec 18; price band at Rs 52-55 per share
PTI -
The Jaipur-based retail jewellery company's issue will open on December 18 and close on December 20New Delhi: Motisons Jewellers on Tuesday said it has fixed a price band of Rs 52 to 55 a share for its initial public...
Finance & Funding
Venture capital Sauce.vc acquires around 3% stake in GRM Foodkraft
PTI -
Sauce has also acquired an additional 1% stake from other shareholders in GRM Foodkraft, which focuses on the domestic foods businessNew Delhi: Basmati rice company GRM Overseas on Monday said it has sold more than a 3% stake in...
E-Commerce
ONDC have to address liability issue: Consumers Affairs Secretary
PTI -
He said that the government-promoted ONDC has to work on fixing liability in case a consumer does not get the right productNew Delhi: Consumer Affairs Secretary Rohit Kumar Singh on Monday asked the Open Network for Digital Commerce (ONDC)...
Fashion & Lifestyle
Victoria’s Secret launches first store in South India
Located at Phoenix Mall of Asia, Bengaluru, the new outlet is the retailer’s fourth store in IndiaBengaluru: American intimate speciality retailer Victoria’s Secret has launched its first store in South India, an industry official wrote on social media on Thursday....
Home Decor & Furnishing
Home decor brand Nestasia opens first store in North
Nestasia plans to open over 20 stores in 2024
New Delhi: Home decor brand Nestasia has announced the inauguration of its first offline store in Delhi, a release by the company stated on Monday.
The new 580 sq. ft. outlet is...
Latest News
Toys“R”Us opens its largest high street store in India
The new Toys“R”Us store is located at Linking Road area and is spread across 12,000 sq. ft. of retail space
Bengaluru: Retail tech company Ace Turtle has launched the new Toys“R”Us flagship store in Mumbai, located at Linking Road area,...
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Latest News
CCD cafe count falls to 450 in FY24, number of operational vending machines rises
The number of Value Express kiosks also declined marginally to 265, according to the latest annual report of Coffee...
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