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FMCG firms limit operations only to essential items

FMCG companies such as ITC, Nestle and Dabur on Tuesday said they are producing only the essential items at their manufacturing units amid the lockdown to prevent spread of coronavirus. According to a PTI report: The fast-moving consumer goods (FMCG)...

Nestle India plans up to 3-dozen product launches in 2019, eyes higher exports

FMCG major Nestle India has lined up nearly two-three dozen products that it plans to launch in calender year 2019 across categories in the country to drive its aggressive growth plans, Chairman and Managing Director Suresh Narayanan told PTI.According...

Franchising: A lucrative entrepreneurial option in retail

Franchising is one of the few means available through which the brand owners gets access to capital without the need to give up control of the brand (as in case of raising money from through equity dilution) or increasing...

Global Retailers in India: Moves, leaps & hurdles

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...

Amazon gears up for festive season; introduces ‘Select’ to help sellers grow

This year, Amazon.in has announced its biggest festive celebration 'Great Indian Festival' through a unique Amazon Festive Home showcase. Like last year, the festival - from October 10-15, 2018 - will begin early for Prime members as part of...

Nestlé and Starbucks close deal for global license of Starbucks CPG and Foodservice products

Nestlé and Starbucks Corporation announced the closing of the deal granting Nestlé the perpetual rights to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company’s coffee shops.Through the alliance, the two companies will work closely...

Nestle India Q2 net profit jumps 50 pc to Rs 395 crore

FMCG major Nestle India has reported 49.95 percent jump in net profit at Rs 395.03 crore for the second quarter ended June 30, helped by lower expenses.According to a PTI report: The company, which follows January-December financial year, had...

Timely monsoon this year to help spur growth: Nestle India CMD

Timely monsoon will bring demand stability and spur growth this year, while the fast growing e-commerce channel will provide good opportunities in the future, said Nestle India CMD Suresh Narayanan."The monsoon at least this year, seems to be on...

Nestlé enters agreement for the perpetual global license of Starbucks consumer and foodservice products

Nestlé has announced an agreement granting the company perpetual rights to market Starbucks consumer and foodservice products globally, outside of the company's coffee shops.This transaction provides Nestlé with a strong platform for continued growth in North America with leadership...

CSR: Most effective & standard business practice of the modern retail era

Corporate social responsibility (CSR) is an expansive term used to describe a company or an organization’s efforts to improve society in some way. It doesn’t matter then whether the company is private or government, a shopping mall or a...
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Retail tech small format grocery chain Frendy raises Rs 2 cr

The capital raised will be used to fund its central inventory needs to feed its network of Frendy Marts...
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