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retail industry growth in india

Lifestyle International FY23 profit jumps to Rs 700 crore

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 aims to grow merchant base 10 times to 1.1 cr by 2027

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...

Retail sales grow 9% in July 2023 vs July 2022: RAI Survey

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...

Zomato, Battery Smart join hands to provide battery swapping access to delivery partners

Under the partnership, Zomato's delivery partners can get access to Battery Smart's existing network of over 800 swap stations across more than 30 citiesNew Delhi: Online food ordering and delivery platform Zomato on Monday said it has partnered with...

MyTrident aims to cross Rs 1,000 crores revenue by FY25-26

The home furnishing brand also plans to aggressively expand to over 10,000 retail touchpoints including 100 exclusive stores by the end of FY2025-26 Mumbai: MyTrident, the flagship domestic home furnishing brand of Trident Group (a $2 bn conglomerate), aims to...

Bag and accessories brand Hidesign opens 3 stores in 3 weeks

The stores are located at Mall of Ranchi, Jharkhand; CP67 at Mohali in Punjab and at the Forum Kochi in Kerala Mumbai: Leather bag and accessories brand Hidesign has opened three new outlets, a company official announced on social media....

Delivery work not permanent career choice, gig staffing segment sees half-yearly churn: experts

A Zinnov and Microsoft study in March noted that gig workers will play an instrumental role in India's USD 5 trillion economy, with the current 77 lakh gig workforce set to triple to 2.3 crore by 2030, generating USD...

Retail tech case study: How Wow Momo increased repeat customer purchases by 80%

Wow Momo also received 30,000 orders within just two months of the chatbot’s launch Mumbai: Founded in 2008 by Sagar Daryani and Binod Homagai, Wow Momo has emerged as a prominent Indian fast-food restaurant chain based in Kolkata. The brand...

Samsonite says it grew 40% in first half of 2023; eyes Rs 3,600 crore sales by December

The company said it gets 20-25% business from premium segment where it faces little competitionNashik: Premium luggage manufacturer Samsonite has grown close to 40% in the first half of 2023 and it aims to touch Rs 3,600 crore sales...

Upsilon launches first retail store in Ahmedabad

The new Upsilon store is located at the Sardar Vallabhbhai Patel International Airport Mumbai: Upsilon, a premium D2C perfume brand, has opened its first retail store in Ahmedabad, Gujarat, the company announced in a press release on Thursday. The new store is...
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Ambani unveils growth roadmap for Reliance, co to double in size by 2030

The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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