retail industry latest updates
Speciality Retail
Lenskart opens 3rd store in Riyadh, Saudi Arabia
The company forayed into the Middle East market in the year 2021 with its first store in Dubai
New Delhi:Â Gurugram-based eyewear retail chain Lenskart has opened its third flagship store in Riyadh, Kingdom of Saudi Arabia, a social media post...
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Migsun Group leases mall space to Cinepolis in Delhi’s RohiniÂ
New Delhi: Real estate developer Migsun Group has leased 40,000 sq. ft. space to multiplex chain Cinepolis at Migsun Rohini Central, Rohini Sector 22, Delhi at a rental value of Rs 46 lakh, according to a press release shared...
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Dorby launches first customer-immersive store in Delhi
New Delhi: Surface decor brand Dorby has launched its first ‘Dorby experience center’ in Delhi, according to a press release shared on Wednesday. Located in Kirti Nagar, the store is appointment-only and offers personalized customer experience.
Mehul Agarwal, director and...
Food Service
Not hiked platform fee, no plans for significant increase in near term: Swiggy
PTI -
The company, which currently charges Rs 5 as a platform fee to customers, clarified it had 'teased' to a "very small set of users" of Rs 10 as an experiment but was never implementedNew Delhi: On-demand convenience platform Swiggy...
In Focus
Ace Group to build first shopping mall near upcoming Noida Airport
PTI -
The project, located in Sector 22D of the Yamuna Expressway Authority, is scheduled for completion by March 2027New Delhi: Real estate developer Ace Group on Wednesday said it has started work to build the first shopping mall along the...
Fashion & Lifestyle
Accessorize London introduces its first store made of white marble
New Delhi: UK-based fashion accessories brand Accessorize London has introduced its first ‘marble concept store’ – a store designed by white marble – in India at Phoenix Marketcity, Kurla, according to a press release on Wednesday.The design is inspired...
Fashion & Lifestyle
Athleisure brand Edrio opens first offline store
Located at Nexus Mall in Amritsar, Punjab, the store showcase the brand's latest athleisure wear collectionsBengaluru: The athleisure wear brand Edrio, a part of the North Indian textile conglomerate Oswal Group has launched its first physical store in the...
Beauty & Wellness
Honasa Consumer is a Great Place To Work, yet again
The company is being awarded the certification for the fourth consecutive year
Bengaluru:Â Beauty and personal care house of brands Honasa Consumer Pvt. Ltd. has been officially certified as a Great Place To Work by the Great Place to Work Institute...
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Fship Logistics appoints Mukund Hari as COO
PTI -
New Delhi: Logistics player Fship Logistics on Wednesday announced the appointment of Mukund Hari as its Chief Operating Officer (COO).The company has also appointed Raju Sinha as its Chief Business Officer (CBO). Hari and Sinha will add to the...
Retail
India Inc confident of achieving $5 trillion economy: Deloitte pre-budget survey
PTI -
New Delhi: India Inc is confident of achieving $5 trillion economy with the central government's support in infrastructure investments, additional reforms, and enhanced technology adoption, according to a CXO survey by Deloitte Touche Tohmatsu India LLP.Stating that business leaders...
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Reliance Retail Q1 profit rises 4.6 % to Rs 2,549 crore
The retail behemoth also recorded 18.87% increase in number of footfalls at its stores at 296 million in the...
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