latest retail updates

UPI transactions have grown from 92 crore in 2017-18 to 8,375 crore in 2022-23 at a Compound Annual Growth Rate (CAGR) of 147% in terms of volumeNew Delhi: Unified Payments Interface (UPI) has been the major driving force in...

The anticipated impact entails improvements in workforce productivity, increased operational efficiency, and personalised customer engagement, EY India saidNew Delhi: Generative artificial intelligence (Gen AI) has the potential to add a cumulative $1.2-1.5 trillion to India's Gross Domestic Product over...

The brand started serving the Indian market in 2012 and operates through different marketplaces and storesNew Delhi: American fashion and apparel brand Coach has opened its first store in Gujarat at the Palladium Ahmedabad, a social media post by a mall...

The fast-fashion retailer has opened 89 brand stores and 331 shop-in-shops in the country this year with the north region leading in numbers New Delhi: Fast-fashion retailer Bestseller India has opened a total of 420 stores across India in 2023, the...

This year, India saw six big mall launches by major developers like Phoenix Mills Ltd, Pacific Development Corporation Ltd, Lulu Group International and the Prestige GroupNew Delhi: The year 2023 has been a positive one for mall supply. In the...

Existing equity investors Lightspeed Venture Partners and DST Global also participated in the roundNew Delhi: B2B e-commerce platform udaan on Thursday said it has raised $340 million (about Rs 2,822 crore) in a funding round led by M&G Plc.Existing...

The Rs 1,200-crore IPO received bids for 5,04,55,458 shares against 88,37,407 shares on offer, translating into 5.71 times subscription, according to data available with the NSENew Delhi: The initial public offer (IPO) of pencil maker DOMS Industries got fully...

Through ONDC, Good Glamm Group aims to enrich its revenue opportunity by 50% and reach 100% more consumers New Delhi:  Content-to-commerce company The Good Glamm Group has announced its onboarding onto the Open Network for Digital Commerce (ONDC) as a...

Inflation based on the Consumer Price Index (CPI) was 4.87% in October and 5.88% in November 2022, the government data released showedNew Delhi: Snapping its declining trend, retail inflation rose to a three-month high of 5.55% in November on...

UPI has emerged as a preferred mode of payment for a large section of the population with over 11.23 billion transactions recorded in November New Delhi: On Tuesday, the Reserve Bank of India increased the limit for automatic payments through...