Retail in India
Spotlight
Govt proposes mandatory labelling for bulk pre-packaged commodities; seeks public comments
PTI -
The move aims to close a loophole that currently exempts such bulk packages from displaying details like MRP, best before date, manufacturer information, and country of originNew Delhi: The Consumer Affairs Ministry on Sunday proposed an amendment to the...
Fashion & Lifestyle
Metro Brands Ltd. to open India’s first Foot Locker store in Delhi in October 2024
The country's first Foot Locker store will be in a prominent Delhi mall and will be based on the American footwear chain's ‘Store of the Future’ conceptMumbai: City-based footwear retailer Metro Brands Ltd. (MBL) is set to open its...
FMCG
Tax relief for middle-class, salaried will help increase consumption patterns: Marico MD
PTI -
The key expectations from the full budget of 2024-25 include a continued emphasis on rural development through investments in infrastructure and employment, bolstering agricultural activities to enhance rural income, he saidNew Delhi: Tax relief for middle-class and salaried class...
In Focus
5 consumer trends dominating retail
From increase in GenZ spending to channel switching, these consumer trends are driving growth in retail
Tech-savvy consumers are increasingly demanding a seamless blend of digital and physical channels to discover, research, compare, and purchase products at the best prices....
Food & Beverage
D-Mart’s Q1 net profit rises 17.5% to Rs 774 cr, sales up 18.5% to Rs 14,069.14 cr
PTI -
The company had posted a net profit of Rs 658.71 crore in the April-June period a year agoNew Delhi: Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported an increase of 17.45% in consolidated...
Fashion & Lifestyle
V-Mart: Fashioning Rural India
One of the early entrants in the country’s value-retail space, V-Mart is today a 448-store strong chain with its presence across IndiaNew Delhi: Value retail chain V-Mart was launched in 2003, long before the term value retail became fashionable....
Consumer Durables & IT
Fonebox Retail aims to open 25 stores in Maharashtra
The Ahmedabad-headquartered multi-brand retailer presently has 181 stores in GujaratBengaluru: Gujarat-based mobile and consumer durables retailer Fonebox Retail Ltd. has forayed into the state of Maharashtra with plans to open over 25 retail stores, the company announced on Friday.The...
E-Commerce
Myntra integrates reward points from multiple banks and brands with Twid
The collaboration allowed customers to leverage loyalty and reward points from various banks and brands, including Intermiles, Payback (now Zillion), TimesPoint, and debit/credit card programsBengaluru: Fashion and lifestyle e-commerce platform Myntra has partnered with rewards-based payment network Twid to...
Food & Beverage
PepsiCo clocks double-digit volume growth in Indian beverages market in Jun qtr
PTI -
The company also said its convenient foods unit volume grew double-digit in India in the April-June periodNew Delhi: Global food and beverages major PepsiCo on Thursday reported a double-digit growth in beverages volume in India in the second quarter...
Food & Beverage
India to be high-growth market for many years: PepsiCo chairman Ramon Laguarta
PTI -
The company saw a double-digit growth in beverages volume in India in the second quarter of CY 2024, thereby leading to a two% overall rise in the Africa, Middle East and South Asia regionNew Delhi: India is a "high-demand...
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Latest News
An American or a British model doesn’t work in India. It must be Indianized: Abhijeet Anand, AbCoffee
Abhijeet Anand, founder and chief executive officer of AbCoffee talks about the changing lifestyles of Indians; the future of...
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