retail business news

These offline brands took the offline route to expand and reach a wider customer base Mumbai: While online offers convenience, offline offers experience and today’s consumers want both, compelling several digital-first brands to transition into the physical world. According to a 2022...

The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departmentsNew Delhi: Procurement of goods and services from government portal GeM has crossed Rs...

India created history by successfully landing Chandrayaan-3 on the moon’s South Pole. Here’s what retailers can learn from the milestone missionMumbai: At 5.28 pm (IST) on 23 August all eyes across the world were set on millions of screens—from...

RRVL, through its subsidiaries and associates, operates India's largest, retail business with an integrated omnichannel network of over 18,500 stores New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278...

Lok Capital, Sharrp Ventures, DSG Consumer Partners, and Saama Capital participated in the funding round Mumbai: SuperBottoms, a sustainable baby and mom care brand has raised $5 million in its recent series A1 funding round led by Lok Capital and Sharrp...

Its net profit for the financial year 2021-22 was Rs 269 crore and revenue from the operations stood at Rs 7,806 croreNew Delhi: Retail store chain Lifestyle International Ltd, part of Dubai-based retail and hospitality conglomerate Landmark Group, has reported a...

Meesho charges zero commission from sellers on their sales but charges for services like advertisement, logistics and other business tools that it provides to merchantsNew Delhi: With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to...

Made with more than 8,000 clothes, the installation is displayed at Marine Drive Ground in Kochi Bengaluru: At the launch of its largest store, Dubai-based international fast-fashion retailer Max Fashion unveiled a 6,000 sq. ft. pookalam (a design made on the...

Big-C mobiles, which currently has 250 outlets is planning to open 150 new outlets in two years with investment of around Rs 300 croreHyderabad: Hyderabad-based multi-brand mobiles retail chain Big-C mobiles has set a target of Rs 1,500 crore as...

According to an RAI survey, QSR and Food and Grocery recorded a growth of 15% and 14% respectively, while jewellery grew 12% in July 2023  as compared to the same period last year Mumbai: Retail sales in July 2023 showed...