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retail business growth

Top Trends in Retail Space and Mall Development to Watch Out in 2024

The segment is poised for rapid growth, with a projected 17% CAGR from 2022 to 2028, outpacing the overall growth of the retail pieNew Delhi: The retail industry in India is experiencing an exceptional surge in demand and leasing...

ABFRL takes Jaypore to the US

The retail major has partnered with ingenuity to facilitate its foray into the American market New Delhi: Aditya Birla Fashion and Retail Ltd. (ABFRL) will partner with Ingenuity, a commerce solution provider, to support the launch of its brand, Jaypore,...

Luxury brand Michael Kors debuts in Gujarat

This is the designer Michael Kors's ninth store in India New Delhi: New York-based fashion and apparel brand Michael Kors has opened its first store in Gujarat as per an industry professional’s social media post. The new store is at the...

Over half of consumers claim facing subscription trap, hidden charges in app purchases: Survey

LocalCircles during the survey came across instances where the consumer opted for a free app or one-time service but later was drawn into a subscription serviceNew Delhi: Over half of the consumers surveyed have experienced subscription traps, hidden charges...

Tourism, hospitality sector expected to create 50 million jobs: HAI

The infrastructure status for the hospitality sector can push up investments not only to create accommodation but also in the process boost income and employment generation, HAI President Puneet Chhatwal said while speaking here at the 6th HAI Hoteliers'...

Consumers rate products, service, experience over low prices: Report

The report sheds light on the evolving preferences of consumers in IndiaNew Delhi: For Indian consumers, product and service quality, excellent customer service, and easy digital experience take precedence over low prices, according to a report by Qualtrics, a...

Lenskart opens new store in UAE

The new Lenskart store, located at City Center Deira, is the omnichannel eyewear retailer’s 14th in the country New Delhi: Gurugram-based omnichannel eyewear retail chain Lenskart has opened its 14th store in the United Arab Emirates (UAE), as per a...

Kate & Oscar debuts in North India, opens store in Ambience Mall, Gurugram

The Brand envisions opening 30 stores across major metro cities at premium locations, within the next three years New Delhi: Kids apparel brand Kate & Oscar has opened a new store at Ambience Mall in Gurugram, marking its debut in...

Focusing on competitive volume growth in India, expects price cut, says Unilever

Unilever's sales were flat in the fourth quarter as pricing turned negative, mainly driven by price reductions in fabric cleaning and skin cleansing bars due to commodity movementsNew Delhi: Multinational FMCG firm Unilever is focusing on driving competitive volume...

Paytm Payments Bank’s independent director resigns from board

The RBI on January 31 directed the Paytm Payments Bank to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29New Delhi: Paytm Payments Bank independent director Manju Agarwal is learnt to have...
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Convenience store chain 24Seven being acquired by New Shop at Rs 700-1,000 cr valuation

After the acquisition, 24Seven’s over 150 stores will be rebranded as The New Shop – almost doubling the New...
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