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retail industry updates

Improving macro-indicators, good monsoon to drive consumer demand for FMCG products

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...

Acer reaches 200 store milestone in India

Acer’s 200 store is located at the DLF Mall of India, Noida New Delhi: 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...

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...

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:  Kozhikode-based Malabar Gold & Diamonds is set to open 100 new stores by 2025, the jewellery retailer said in a press...

Demand for retail space in malls, high-streets may dip up to 15% in 2024: CBRE

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...

Ghost Kitchens acquires Ahmedabad-based Shy Tiger Brands

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...

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: The Indian market has increasingly become a focal point for international brands looking to expand their global footprint. With its burgeoning...

Blue Star expects 25% growth in sales of residential AC in June quarter

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...

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...

Dixon to acquire majority stake of Ismartu India

The company has entered into a share purchase agreement to acquire a 50.10% stake in the first tranche from Ismartu SingaporeNew Delhi: Leading contract manufacturer Dixon Technologies (India) will acquire a majority stake in Ismartu India, a firm engaged in...
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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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