retail industry latest updates
Spotlight
Data-driven hiring practices, nearly double-digit pay hikes to mark HR ways in 2024
PTI -
Employees want workplace flexibility, a greater emphasis on diversity, and impartial hiring processes, while companies are eager to provide fair, engaging and streamlined candidate experiences to attract and retain top talentNew Delhi: Data-driven hiring ways, inclusive and diversity-focused practices...
In Focus
AI, diversity, inclusion will take centre stage in 2024: Indeed survey
PTI -
New Delhi: Employees and employers geared up to adopt artificial intelligence at the workplace, with 59 per cent of employees very confident in their ability to adapt and utilise AI tools, says a survey.According to an Indeed survey, going...
Beauty & Wellness
Trendsetting innovations: Renee Cosmetics
The cosmetic brand has experienced exponential growth since the start and accounts for almost 300 percent growth since it started operationsBengaluru: Going by the general trend in India, cosmetics was mostly regarded as an ‘occasion-based’ category in retail. With...
Leaders Ink
Retail to Shift from Highstreets to Highways
With the construction of new highways, the increasing affordability of cars, and the soaring rental prices on high streets, it is natural for retailers to reconsider their location strategies
Ten years from now, highways will contribute to a sizeable turnover...
Latest News
Gem, jewellery exports dip by 4.52% in Nov to Rs 19,018 cr: GJEPC
PTI -
Exports stood at Rs 19,917.73 crore (USD 2437.53 million) during November 2022Mumbai: The overall gem and jewellery exports witnessed a on-year decline of 4.52% in November to Rs 19,018.180 crore (USD 2,263.34 million), GJEPC said on Friday.Exports stood at...
Food & Beverage
McDonald’s opens drive thru store in Kerala
The new standalone outlet is positioned on a 14,000 sq. ft. plot of land in Kottayam district
 Bengaluru: US-based fast-food chain McDonald’s has launched its new drive-through store in Kerala, a company official wrote on social media earlier this week.
The standalone...
E-Commerce
Meesho posts first-ever profitable quarter in FY24; loss dips to Rs 141 crore in first half
PTI -
New Delhi: Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated profit after tax in the second quarter ended September 2023.The company did not disclose the amount of profit it earned in the July-September...
Fashion & Lifestyle
Chanel opens its first fragrance and beauty store in Mumbai
The new Chanel outlet is located at Phoenix Palladium mall, Lower Parel, Mumbai
Bengaluru:Â French luxury fashion house Chanel has launched its first fragrance and beauty store in Mumbai, an industry official wrote on social media last week. Located at Phoenix...
Latest News
Voyage Eyewear appoints Sahil Sharma as director of marketing
Sharma will be responsible for driving the brand's marketing strategies and expanding its reach on a local and global scaleNew Delhi: Voyage Eyewear, a direct-to-consumer (D2C) brand offering luxury sunglasses, announced in a press release that it has appointed...
Finance & Funding
Ratan Tata to divest all shares in FirstCry IPO
PTI -
Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel platform FirstCry, in the upcoming IPONew Delhi: Veteran industrialist and former Tata Group Chairman Ratan Tata is looking to sell all 77,900 shares...
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Latest News
Location AI startup GeoIQ unveils footfall & site analysis feature
GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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