retail industry updates
Fashion & Lifestyle
Shoppers Stop Q4 consolidated net profit rises 62.55% to Rs 23.18 cr
PTI -
Consolidated revenue from operations in FY24 stood at Rs 4,316.59 croreNew Delhi: Retail chain Shoppers Stop Ltd on Monday reported a 62.55% rise in consolidated net profit at Rs 23.18 crore in the fourth quarter ended March 31, 2024.The...
Food & Beverage
Patanjali Foods gets show cause notice for GST dues
PTI -
As of now the authority has only issued a show-cause notice and the company will be taking all necessary action to defend its caseNew Delhi: Patanjali Foods has been served a show cause notice by the GST intelligence department,...
Food & Beverage
12% of workforce in QSR space earns less than the minimum wage threshold: Report
The average salary of 88% of the workforce varies between Rs 15,000 - 20,000, while around 64% of the QSR workforce does not receive any incentivesBengaluru: Around 12% of the workforce in the quick service restaurant (QSR) space earns...
Fashion & Lifestyle
Lab-grown diamond brand Solitario enters Chennai
The new 600 sq. ft. boutique is located at Phoenix Marketcity Mall’s luxury arena named Palladium Bengaluru: Lab-grown diamond brand Solitario has entered Chennai with the launch of its first store at Phoenix Marketcity Mall, the company said in a...
Food & Beverage
Bisleri International teams up with Gauri Khan to launch limited edition sparkling water
The limited-edition bottle will be available in select channels and markets across the countryBengaluru: Packaged drinking water company Bisleri International has partnered with Indian film producer and fashion designer Gauri Khan to launch an exclusive limited-edition label for Vedica...
Fashion & Lifestyle
Lifestyle opens at Vega Circle, Siliguri
With an area of 50,000 sq. ft., the latest store is Lifestyle’s 113th store in India
New Delhi: Landmark Group’s department store chain Lifestyle has opened a new store in Vega Circle, Siliguri, a senior mall official revealed on Monday.
With...
Beauty & Wellness
Reliance Retail’s Tira opens 12th retail store
The new Tira outlet is located at Phoenix Marketcity Mall, Kurla, MumbaiBengaluru: Reliance Retail’s omni-channel beauty retail platform Tira has launched its 12th store across the country in Mumbai, according to a company official’s social media post. The new...
In Focus
India leads in GenAI adoption, investment trends likely to rise in coming years: Report
PTI -
The study also predicted promising investment trends shortly, with about 94% of respondents anticipating increased investments and budget allocations towards GenAI initiatives in the next 2-3 yearsNew Delhi: India leads globally in adopting GenAI technologies as a vast percentage...
Food & Beverage
Plant-based milk brand OatMlk eyeing massive expansion pan-India
The brand is bullish on investments in technology and spends almost Rs 15000 per month on tech tools they use to streamline processes and operationsBengaluru: Akash Wadhwani and Rishabh Gupta were victims of lactose intolerance. This gave them a...
Beauty & Wellness
How Nuutjob pioneered men’s intimate hygiene category in India
The company started with three products and now it has expanded offerings to over 9 products including one product for women Bengaluru: Sister duo Anushree and Ananya Maloo gave shape to Nuutjob in order to bring men a hygienic way...
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Latest News
Parle, Britannia, and Amul named as top 3 most chosen in-home FMCG brands: Report
On a global scale, the five most chosen FMCG brands are Coca Cola, Colgate, Maggi, Omo and Knorr
Bengaluru:Â Parle Products...
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