retail industry updates
FMCG
Improving macro-indicators, good monsoon to drive consumer demand for FMCG products
PTI -
The industry expects a mid-to-high-single-digit growth in value/volume in the January-March period, along with a continuation of the gross margins expansion trend, helped by deflation in input costNew Delhi: Leading industry players expect improving macro-indicators and expectations of good...
Consumer Durables & IT
Acer reaches 200 store milestone in India
Acer’s 200 store is located at the DLF Mall of India, Noida
New Delhi:Â Taiwan-based laptop and personal computer brand Acer has opened its 200th store in India at the DLF Mall of India, Noida, a social media post by DLF...
In Focus
Retail Tracker: Tier 2 cities lead with 64% of March store launches
About 48 of all the new stores opened in March 2024 were in non-metros
IndiaRetailing Insights: Retail store expansion in tier 2 cities and beyond accounted for around 64% of the new store launches in March, as per the data...
Fashion & Lifestyle
Malabar Gold & Diamonds to open 100 new stores within 2025
The company recorded an annual retail global turnover of Rs 51,218 crore in the last financial year (FY24)
Bengaluru:Â Kozhikode-based Malabar Gold & Diamonds is set to open 100 new stores by 2025, the jewellery retailer said in a press...
Shopping Centres
Demand for retail space in malls, high-streets may dip up to 15% in 2024: CBRE
PTI -
The leasing of retail space is expected to sustain between 6-6.5 million (60-65 lakh) sq. ft. in 2024New Delhi: Demand for retail spaces in shopping malls and high-street locations may decline up to 15 per cent this year from...
Food & Beverage
Ghost Kitchens acquires Ahmedabad-based Shy Tiger Brands
PTI -
The acquisition comes on the heels of Ghost Kitchens raising $5 million in February 2024 in equity and debtNew Delhi: Food-tech platform Ghost Kitchens India on Tuesday said it has acquired Ahmedabad-based cloud kitchen firm Shy Tiger Brands to...
In Focus
10 marquee global brands entering India in 2024/25
Explore the list of global brands set to make their debut in the Indian market during 2024 or 2025
Bengaluru:Â The Indian market has increasingly become a focal point for international brands looking to expand their global footprint. With its burgeoning...
Consumer Durables & IT
Blue Star expects 25% growth in sales of residential AC in June quarter
PTI -
The company has already witnessed up to a 40 per cent year-on-year increase in sales of AC in March from the Southern regionNew Delhi: Homegrown cooling products maker Blue Star on Tuesday said it expects up to 25 per...
Food & Beverage
Reliance opens 13th Pret A Manger outlet in India
Located at Delphi, Downtown Powai, the new outlet is the eighth Pret A Manger store in Mumbai
Bengaluru: Reliance Retail has opened the 13th store of UK-based freshly made food and organic coffee chain Pret A Manger in India, a...
Consumer Durables & IT
Dixon to acquire majority stake of Ismartu India
PTI -
The company has entered into a share purchase agreement to acquire a 50.10% stake in the first tranche from Ismartu SingaporeNew Delhi:Â Leading contract manufacturer Dixon Technologies (India) will acquire a majority stake in Ismartu India, a firm engaged in...
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Latest News
Indian consumers prefer ‘offers’ faster online than offline: Report
The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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