retail news and updates

The development comes on the heels of the RBI initiating regulatory actions against Paytm Payments BankNew Delhi: The Reserve Bank has asked international payments major Visa and Mastercard to stop card-based commercial payments made by small and large businesses...

The e-commerce company has plans to transition its delivery fleet to electric vehicles by 2030 New Delhi: E-commerce in India is at a nascent stage and cost structure of logistics is the biggest challenge for the segment, a top official...

Tier 3 shoppers were the biggest contributors to the orders during this sale period with nearly half of all the orders New Delhi: D2C brands witnessed a 12.72% increase in sales during the Republic Day sale week as compared to...

The infrastructure status for the hospitality sector can push up investments not only to create accommodation but also in the process boost income and employment generation, HAI President Puneet Chhatwal said while speaking here at the 6th HAI Hoteliers'...

The new Lenskart store, located at City Center Deira, is the omnichannel eyewear retailer’s 14th in the country New Delhi: Gurugram-based omnichannel eyewear retail chain Lenskart has opened its 14th store in the United Arab Emirates (UAE), as per a...

The Brand envisions opening 30 stores across major metro cities at premium locations, within the next three years New Delhi: Kids apparel brand Kate & Oscar has opened a new store at Ambience Mall in Gurugram, marking its debut in...

Unilever's sales were flat in the fourth quarter as pricing turned negative, mainly driven by price reductions in fabric cleaning and skin cleansing bars due to commodity movementsNew Delhi: Multinational FMCG firm Unilever is focusing on driving competitive volume...

Through this initiative, residents of the Delhi-NCR (Gurgaon and Faridabad) will be able to order Bharat-branded rice, wheat flour, and lentils online at government-approved pricesNew Delhi: The Open Network for Digital Commerce (ONDC), the National Cooperative Consumers Federation of India...

The company also said it is expanding its third-party logistics operation under the V-Logis brand in the northern region, providing employment opportunities and world-class facilitiesNew Delhi: Logistics firm V-Trans (India) on Thursday said it is targeting a turnover of...

The introduction of drone delivery services will provide Shree Maruti sellers with the ability to offer same-day and next-day deliveriesNew Delhi: Logistics solution provider Skye Air on Wednesday said it has entered into a partnership with e-commerce enablement platform SMILe...