retail news and updates
Finance & Funding
Travel brand Icon secures seed funding
The funding was led by DSG Consumer Partners with participation by a host of angel investors
New Delhi: D2C luggage and travel accessories startup brand Icon has secured seed funding of $1.2 million, a press release said on Tuesday.
The funding...
Fashion & Lifestyle
Being Human reaches 100th store mark
The landmark store in is the historic city Jaipur
New Delhi: Clothing and apparel brand Being Human, has launched its new flagship store at Jaipur in Rajasthan, a press release said on Tuesday.
The store opening was attended by Bollywood celebrities...
Spotlight
Number of ghost shopping malls rise to 64 in 2023 across 8 major cities: Report
PTI -
As many as 64 shopping malls with about 13.3 million square feet of gross leasable area have been categorised as 'Ghost Shopping Centre' in 2023New Delhi: The number of ghost shopping malls – those with vacancy of more than...
Consumer Durables & IT
Milagrow expects over 3-fold growth in revenue in three years
PTI -
The company has developed iMap 15 robots with algorithms designed for Indian customersNew Delhi: Homegrown robotics company Milagrow looks to hit the Rs 100-crore revenue mark in the next three years on account of cost rationalisation of devices, a...
Latest News
Blue Dart Express Q4 net profit rises 12% to Rs 78 cr
PTI -
Blue Dart's total income for the fourth quarter stood at Rs 1,333.93 croreNew Delhi: Logistics company Blue Dart Express on Thursday reported a consolidated net profit of Rs 77.78 crore for the March quarter, registering a 12% increase on...
Food & Grocery
Fresh From Farm raises $2 million in Pre Series A
The funds will be utilized for team expansion, tech enhancement, and introduction of new product lines
New Delhi: B2B2C platform Fresh From Farm (F3) has raised $2 million in a Pre-Series A round from Inflection Point Ventures, as per a...
E-Commerce
Developing e-com hubs to boost exports may figure in ministry’s 100-day agenda of new govt: Official
PTI -
These hubs can help further promote exports through e-commerce mediumsNew Delhi: Developing e-commerce hubs in the country to further promote India's exports through online medium are expected to figure in the commerce ministry's 100-day agenda roadmap for the new...
FMCG
Adani Wilmar Q4 profit jumps 67% to Rs. 156.75 cr
PTI -
Adani Wilmar sells edible oils and some other food products under Fortune brandsNew Delhi: Edible oil major Adani Wilmar on Wednesday reported a 67% increase in its consolidated net profit to Rs 156.75 crore for the fourth quarter ended...
Latest News
Coca-Cola earns $290 mn from India by divesting its bottling operations in Jan-Mar
PTI -
In the first quarter of 2024, the Coca-Cola company witnessed "growth" in Unit case volume in the India marketNew Delhi: Global soft drinks major the Coca-Cola Company has earned $290 million (around Rs 2,420 crore) from India in the...
Fashion & Lifestyle
Skechers opens 21st store in Gujarat
Located at Shyamal Crossing, Ahmedabad, the latest store is the retailer’s 21st storeNew Delhi: California-based footwear retailer Skechers has opened a new store in Gujarat, an industry official revealed on social media on Monday.Located at Shyamal Crossing, Ahmedabad, the...
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Latest News
Reliance Retail opens 30 Metro stores in Q1, total count crosses 200
Reliance Retail had acquired the Indian operations of German firm Metro AG's wholesale operations in December 2022 in a...
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