retail market growth
Food & Grocery
The Organic World targets 100 stores or Rs 100 crore revenue by FY26: Founder Gaurav Manchanda
The Bengaluru-based grocery retail chain currently operates 20 retail stores across the city and is set to expand to Hyderabad, Chennai, and Pune soon
Bengaluru: The Organic World, a South Indian grocery retail chain and flagship brand of Nimida Group,...
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IPO-bound Mobikwik turns profitable in FY24; posts Rs 14 crore profit
PTI -
The company had posted a loss of Rs 83.81 crore in the financial year (FY) 2023New Delhi: IPO-bound fintech firm Mobikwik on Tuesday said it has posted a profit of Rs 14.08 crore in FY24, its first fully profitable...
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JR One Footwear to set up two more factories in Tamil Nadu
PTI -
The company had already committed investments of about Rs 5,000 crore for setting up a factory in Perambalur to produce 'Crocs' range of footwearChennai: JR One Footwear Pvt. Ltd., a joint venture company between Phoenix Kothari Footwear Ltd. and...
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Zappfresh acquires Mumbai-based Bonsaro to expand its online meat delivery business
PTI -
Zappfresh has taken over the entire operations and business of Bonsaro, including all assets, to expand its presence in the western regionNew Delhi: Startup Zappfresh, which sells meat through its online platform, has acquired Mumbai-based Bonsaro to expand its...
Retail
Retail sales grow 2% y-o-y in July 2024: RAI Survey
Sales in West India showed the highest increase at 3%, followed by South India at 2%, while North and East India each experienced a 1% riseBengaluru: Retail sales in July 2024 showed a gain of 2% as compared to...
Home Decor & Furnishing
Ikea reaches 100% EV deliveries in Bengaluru, Hyderabad and Pune
Ikea’s Mumbai operations will soon join this drive and the company will enter all new markets with an EV-first approach, starting with Delhi NCR
Bengaluru:Â Swedish furniture and homeware retailer Ikea said it has achieved 100% electric vehicle (EV) - powered...
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D2C fashion brands Highlander and Tokyo Talkies expand into offline retail
This month, the company opened 13 new stores, with 10 in Gujarat, one in Hyderabad, and two in Bengaluru
Bengaluru:Â D2C (direct-to-consumer) fashion brands Highlander and Tokyo Talkies, owned by Bengaluru-based Brand Studio Lifestyle, have forayed into offline retail, the company...
E-Commerce
Quick commerce platforms hit record sales on Raksha Bandhan
PTI -
Blinkit, which holds about 40 per cent share of the quick commerce market, sold about 700 rakhis every minuteNew Delhi: Quick commerce platforms had a field day on the occasion of Rakshabandhan as the nation ditched exhaustive post-office shopping...
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Demand for warehousing spaces in Delhi-NCR dips 77% in Jan-Jun; Chennai sees 3-fold jump: Vestian
PTI -
The absorption of warehousing and logistics spaces in January-June across seven major cities rose 8 per cent to 16.6 million sq. ft. during the first half of this year, from 15.4 million square feet in the year-ago periodNew Delhi:...
Fashion & Lifestyle
Consumption to revive in coming quarters, e-commerce to drive growth: Bata CEO
PTI -
The company is investing in store renovations and will expand its apparel range to over 200 stores from 70 stores at present New Delhi: Terming "sluggish consumption" as "temporary", leading shoemaker Bata expects a revival in coming quarters, helped by...
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IKEA FY24 loss widens to Rs 1,299 cr, revenue up 4.5% to Rs 1,809.8 cr
Ikea India reported a loss of Rs 1,133 crore and its revenue from operations was at Rs 1,731.6 crore...
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