retail news and updates
E-Commerce
ONDC to touch 10 million transactions in June: Official
PTI -
ONDC will surpass major e-commerce players like Flipkart and Amazon in futureNew Delhi: The Open Network for Digital Commerce (ONDC), which was set up with an aim to democratise the country's e-commerce ecosystem, is on course to touch...
Food & Beverage
KFC opens new highway restaurant
The new outlet is at Sapphire North on the Jalandhar-Amritsar Highway
New Delhi: Quick-service restaurant (QSR) chain KFC, which specializes in American-style fried chicken, has opened a new outlet in Punjab. The new outlet is opened at Sapphire North on...
Home Decor & Furnishing
Jaipur Rugs opens store in London, plans to open two more international stores in FY25
PTI -
The company, which is known for its hand-knotted rugs and carpets, would continue to expand in the domestic market by opening stores in tier I & II citiesNew Delhi: Handmade rugs maker Jaipur Rugs, which has opened its showroom...
Fashion & Lifestyle
Fabindia onboards Unicommerce to power E-commerce
The partnership will further enable Fabindia to synchronize inventory on an hourly basis, ship-from-store for orders placed online
New Delhi: Consumer lifestyle brand Fabindia has onboarded Unicommerce, a software as a service company, to streamline its omnichannel business and e-commerce...
In Focus
What’s driving the adoption of mobile POS in India
More and more retailers are switching to mobile point-of-sales solutions due to benefits in the areas of billing, inventory, delivery, and consumer experience
New Delhi:Â At many stores across the country, billing is done on wireless or hand-held devices such as a...
Finance and Funding
AI Startup Datachamps raises seed funding of $5,00,000
The funding was led by Windrose Capital and otherNew Delhi: Nashik-based data transformation and analytics startup Datachamps has raised an amount of $5,00,000 in its seed funding round, the company announced in a press release on Wednesday.
The funding was...
FMCG
Rise in value-seeking customers, key FMCG sectors face tampering of growth: Report
PTI -
A large section of customers across sectors reported that replacement purchases would be a significant driver for purchases in FY25New Delhi: Certain sectors including beauty products, personal care, consumer electronics and consumer durables may face a tempering of growth,...
Home Decor & Furnishing
Stanley Lifestyles IPO subscribed 97 times on last day
PTI -
The IPO has a fresh issue of up to Rs 200 crore and an offer for sale of up to 91,33,454 equity sharesNew Delhi: The initial public offering (IPO) of luxury furniture brand Stanley Lifestyles got subscribed 96.98 times...
FMCG
FMCG sector to have sustained growth rate of 7-9% in 2024: Report
PTI -
Online sales channel for FMCG is also increasing and has been valued at Rs 1.7 lakh croreNew Delhi: The FMCG sector is expected to have a sustained growth rate of 7-9 % in 2024, supported by government initiatives to...
Fashion & Lifestyle
Onitsuka Tiger launches flagship Store in Mall of Dehradun
The latest store is the retailer’s 11th store in the country
New Delhi: Japanese fashion brand Onitsuka Tiger has expanded its retail footprint by opening its flagship store in the newly-opened Mall of Dehradun.
The latest store is the retailer’s 11th...
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Latest News
Jamshyd N Godrej, Smita Crishna, others buy stake in Godrej Consumer for Rs 1,645 cr
The shares were picked up at an average price of Rs 1,443.90 apiece, taking the transaction value to Rs...
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