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retail industry in India

Puma India opens 75 stores in 2023

The expansion encompasses more than 2 lakh sq. ft. of retail space spread across cities including Bengaluru, Ahmedabad, Chennai, Guwahati, Surat, Dehradun, Jaipur and Indore, among others Bengaluru: Multinational sportswear brand Puma has opened a total of 75 retail outlets across...

Gopal Snacks collects Rs 194 crore from anchor investors ahead of IPO

Those who participated in the anchor round are BofA Securities Europe SA, Bay Capital India Fund, ITI Mutual Fund, DSP Mutual Fund, Quant Mutual Fund, Edelweiss Mutual Fund and HDFC Life Insurance CompanyNew Delhi: Gopal Snacks Ltd on Tuesday...

Malabar to focus on penetration, product and operation: Chairman

M P Ahammed, chairman of Malabar Gold & Diamonds shares insights on the jewellery retailer’s growth strategies, customer engagement tactics and expansion goals Bengaluru: Originating from a humble 400 sq. ft. jewellery store in Kerala, Malabar Gold & Diamonds has grown...

McDonald’s get clean chit from FSSAI for using authentic cheese

The verification confirms the brand’s assertion that it does not use any cheese analogues or substitutes in its products, countering the allegations made by the Maharashtra Food and Drug Administration Bengaluru: Apex food safety standards regulator of the country Food Safety...

Fenty Beauty by Rihanna enters India with Nykaa

The beauty brand by singer Rihanna will debut on the Nykaa Cross-Border store on 7 March 2024 Bengaluru: Cosmetics brand Fenty Beauty by Barbadian singer and businesswoman Rihanna will enter the Indian market with fashion and beauty retailer Nykaa, the Mumbai-based...

Nykaa opens new store in Pune

The new Nykaa on Trend outlet is situated at Amanora Mall Hadapsar, Pune, Maharashtra Bengaluru: Mumbai-based fashion and beauty retailer Nykaa has opened its latest Nykaa on Trend store at Amanora Mall Hadapsar, Pune, the mall announced in a press release...

Puma opens new store in Pune

The new Puma store is located at Amanora Mall, Pune New Delhi: German Sportswear brand Puma has opened a new store in Amanora Mall, Pune, a release by the Mall said on Tuesday. The newly opened Puma store at Amanora Mall offers...

Swiggy to provide food delivery services at 4 railway stations, extend it to more places

The food delivery services will be extended to 59 more railway stations in the coming weeksNew Delhi: Swiggy will offer food delivery services to passengers at Bengaluru, Bhubaneswar, Visakhapatnam and Vijayawada railway stations beginning March 12.The food delivery services...

B2B platform Udaan sees sale of 2.25 billion products in 2023

During this period, 900 sellers on the platform achieved sales worth Rs 1 crore eachNew Delhi: Online business-to-business platform Udaan on Tuesday said that it shipped over 2.25 billion products across India in 2023, and 900 sellers on the...

Interoperable Internet banking system that benefits merchants to go live in 2024: RBI Governor

At present, internet banking transactions are processed through payment aggregatorsMumbai: Reserve Bank Governor Shaktikanta Das on Monday said an interoperable system for Internet banking will be launched in 2024.At present, internet banking transactions are processed through payment aggregators (PA),...
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Brands could lose $20-$30 billion in revenue to returns by 2025: Report

The report finds that Maharashtra has the highest return rate in India, followed by Karnataka, Delhi, Uttar Pradesh, and...
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