retail industry updates

Zepto reduced its absolute losses, with PAT as a percentage of revenue improving significantly from -63% in FY23 to -28% in FY24.New Delhi: Quick commerce platform Zepto has announced key highlights from its audited financial year (FY) 24 financial...

The Indian Sellers Collective and its member organizations emphasize the need for a fair and simplified GST framework to support small retailersNew Delhi: The Indian Sellers Collective, an umbrella body of trade associations and sellers nationwide, has strongly urged...

Importers are permitted to submit multiple applicationsNew Delhi: Importers of certain IT hardware products including laptops and tablets will have to seek fresh authorisation for next year and the window of applications for the same will be opened from December...

With the new funding, Culture Circle aims to expand its inventory, strengthen its proprietary technology, and further scale its user communityNew Delhi: Streetwear and sneaker platform Culture Circle has raised $2 million in a seed funding round led by...

Before Zepto, Gomez was associated with Amazon for over 11 years. He has also worked with Sapient, Accenture, Microsoft and Thomson Reuters.New Delhi: Zepto's HR head Martin Dinesh Gomez has resigned, following wh. Following this, as reoriented the function...

The export order for Bangladesh and Malaysia amounts to around 5 crore eggs for November and DecemberNew Delhi: Egg prices have surged by around 25% in the Kolkata market, rising from Rs 6.5 to Rs 8 per piece within...

Internet users, however, were sceptical and speculated about the post's legitimacy, terming it a publicity stunt.New Delhi: Online beauty services platform YesMadam drew flak on Monday after a purported internal email leaked on social media suggesting the termination of those...

He further observed that the rise of intention-driven technologies is reshaping people's relationship with the digital world.New Delhi: A mission-driven workforce of tomorrow, energy efficiency driving innovation, and the rise of AI-powered tools that accelerate fact-checking and debunk misinformation...

The survey highlights that chatbots are increasingly adopted for faster responses and cost savings.New Delhi: A survey conducted by Kapture CX, a provider of AI-powered customer experience solutions, has revealed that ineffective chatbot assistance is the primary frustration for...

The collaboration aims to expand Abercrombie & Fitch's retail presence in India through physical stores and e-commerce platformsNew Delhi: American lifestyle retailer Abercrombie & Fitch Co. on Thursday announced a multi-year franchise partnership with Myntra Jabong, the business-to-business wholesale...