retail industry latest updates

Eyewear retail chain Lenskart’s co-founder Ramneek Khurana on the company’s omnichannel journey and using Artificial Intelligence (AI) and Machine Learning (ML) to optimise an enhanced experience Bengaluru: Artificial intelligence (AI) and machine learning (ML) are poised to unlock significant capabilities in...

From sugar-free to vegan, the healthy ice cream brand Go Zero let consumers enjoy their favourite scoop with zero guiltBengaluru: The Covid-19 pandemic played a major role in changing consumer habits and making people more conscious about their dietary...

Located in the Sultanpur area, the new Stanley Level Next store is spread across 22,000 sq. ft. of real estate Bengaluru: Furniture and home décor manufacturer Stanley Lifestyles has launched its flagship furniture store in Gurugram, the company said in a...

India's retail sector, employing over 46 million people, observes Retail Employees' Day (RED) annually on December 12thNew Delhi: Close to 22 million employees across 31 countries including Turkey, UAE, India, Philippines and Bangladesh celebrated the Retail Employees’ Day this...

The Rs 1,200 crore Initial Public Offer (IPO) received bids for 13,39,90,938 shares against 88,37,407 shares on offerNew Delhi: The initial share sale of pencil maker DOMS Industries received 15.16 times subscription on the second day of offer on...

Located at The Outlet Village in Sangrur, the new highway store represents Tim Hortons' sixth outlet in the stateBengaluru: Canadian coffeehouse and restaurant chain Tim Hortons has launched its 25th store in India in Punjab, a company official wrote...

Myntra has also experienced a 70% year-over-year (YoY) surge in the direct-to-consumer (D2C) sector during the last quarter Bengaluru: E-commerce platform Myntra has recorded about 75 million new app users in 2023 with its customer base growing by 100% year over...

The company plans to use the fund in hiring top talents, enhancing its technology infrastructure and expanding retail footprintNew Delhi: Fashion D2C brand Snitch has raised Rs 110 crore in a funding round led by SWC Global and IvyCap...

The funding round was spearheaded by Early-stage VC First Cheque with participation from Matrix Partners India DeVC, Relentless VC and other angel investors Bengaluru: Distribution-as-a-service start-up ofScale has raised its pre-seed funding round, securing $375k, the company said in a press...

The company also plans to expand its reach by launching online deliveries in Hyderabad in January 2024 Bengaluru: Ice cream brand Zimero is planning to expand its retail presence in 2024 with the launch of new retail stores in Bengaluru by...