retail business news
Fashion & Lifestyle
Socks brand Balenzia opens 19th store in Kolkata
The store is located at Netaji Subhas Chandra Bose International Airport
New Delhi: Homegrown socks brand Balenzia announced in a press release the launching of its 19th store in Kolkata, West Bengal. The store is located at Netaji Subhas Chandra...
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Snowman Logistics expands operations in northeast India, opens warehouse in Guwahati
The warehouse has boosted the company’s capacity to over 1,41,000 pallets distributed across 20 cities, including northeast IndiaNew Delhi: Cold chain logistics service provider Snowman Logistics Ltd. has announced expanding its operations in northeast India with a newly leased...
FMCG
HUL receives Rs 447.5 crore GST demands and penalties
PTI -
New Delhi: Leading FMCG maker Hindustan Unilever Ltd on Monday said it has received Goods and Services Tax demands and penalties totalling Rs 447.5 crore from the authorities.In a regulatory filing, HUL -- which owns brands such as Lux,...
E-Commerce
Over 4.8 lakh biryanis ordered on Swiggy during new year’s eve
PTI -
Swiggy delivered 3.50 lakh biryani orders and dispatched over 2.5 lakh pizzas across the country last year in the same periodHyderabad: Over 4.8 lakh biryanis were ordered on Swiggy during new year's eve celebrations with a peak of 1,244...
E-Commerce
Earphones, burgers most sold items on Paytm; Bengaluru with maximum orders across categories: Report
The report titled ‘Short Recap of 2023’ by Paytm se ONDC Network highlights trends in consumer behaviour and product preferences New Delhi: Earphones and burgers were the most sold items on Paytm through Open Network for Digital Commerce (ONDC) platforms, with...
In Focus
AI, diversity, inclusion will take centre stage in 2024: Indeed survey
PTI -
New Delhi: Employees and employers geared up to adopt artificial intelligence at the workplace, with 59 per cent of employees very confident in their ability to adapt and utilise AI tools, says a survey.According to an Indeed survey, going...
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Gem, jewellery exports dip by 4.52% in Nov to Rs 19,018 cr: GJEPC
PTI -
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...
E-Commerce
Meesho posts first-ever profitable quarter in FY24; loss dips to Rs 141 crore in first half
PTI -
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...
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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...
Speciality Retail
Lenskart opens first store in Riyadh, Saudi Arabia
The company forayed into the Middle East market in the year 2021 with its start in Dubai
New Delhi: Gurugram-based eyewear retail chain Lenskart has opened its first flagship store in Riyadh, Kingdom of Saudi Arabia, a social media post...
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Location AI startup GeoIQ unveils footfall & site analysis feature
GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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