retail news and updates
Latest News
Mars Wrigley India appoints Nikhil Rao as Chief Marketing Officer
PTI -
Nikhil Rao will be based in Gurugram and report to Mars Wrigley India Country General Manager Tamer KadryNew Delhi: Chocolate and confectionary maker Mars Wrigley India on Friday announced the appointment of Nikhil Rao as its Chief Marketing Officer...
Latest News
DMart buys space in Migsun’s upcoming mall in RohiniÂ
The retailer has acquired the project’s lower ground and first floors to set up a hypermarket storeNew Delhi: Supermarket chain DMart by Avenue Supermarts has bought a 47,000 sq. ft. space in Migsun’s upcoming mall in Rohini, Delhi for Rs...
Beauty & Wellness
The Body Shop joins ONDC platformÂ
The collaboration enables The Body Shop to showcase its catalogue across a rapidly expanding network, allowing consumers to explore and transact easily
New Delhi: Beauty brand The Body Shop has joined the Open Network for Digital Commerce (ONDC) through Shopalyst’s...
Latest News
Govt finalises draft guidelines to prevent ‘greenwashing’ or false pro-green claims
PTI -
The draft guidelines were finalised after discussions with the committee members in a meeting held on January 10New Delhi: The government has finalised draft guidelines to prevent 'greenwashing' or false pro-environment claims being made by companies across sectors, Consumer...
Home Decor & Furnishing
50% of Indians find home as their favourite place: IKEA Report
IKEA’s Life at Home report further revealed that 63% of Indians shared that they feel positive about their current life at home and 35% of Indians say that living close to family is the main element of feeling comfortable...
FMCG
FMCG distributors to boycott HUL products in Maha, starting with Taj Mahal Tea
PTI -
The distributors further said that if the company does not pay attention to their demand, then they will boycott the Kissan brand and leading detergent brand Rin along with Taj Mahal tea brand going aheadNew Delhi: FMCG distributors demanding...
Food & Beverage
Tata Starbucks reports loss of Rs 24.97 cr in FY23
PTI -
However, its revenue from operations was at Rs 1,086.89 crore for the said periodNew Delhi: Tata Starbucks has reported a net loss of Rs 24.97 crore from its operations in India for the financial year ended March 31, 2023,...
In Focus
Retail Tracker: Store launches of December 2023
Among the newly opened stores, some brands fared well in December with opening multiple stores.IndiaRetailing Insights: December 2023 saw the opening of over 48 new stores in various parts of India according to the data from IndiaRetailing Insights.In terms...
Finance and Funding
Bakery brand The Baker’s Dozen raises Rs 33 crore
This strategic investment will be channelled towards expanding TBD’s presence beyond metros, targeting growing markets in non-metro and tier 1 cities
New Delhi: Artisanal bakery brand The Baker’s Dozen (TBD) has announced the closure of the Rs 33 Crore pre-series...
Finance and Funding
Velocity launches Rs 300 crore growth fund for SaaS companies
The company has entered into partnerships with leading NBFCs and regulated entities to meet its funding needsNew Delhi: Velocity, a cash flow-based financing platform for new-age businesses, on Wednesday announced a Rs 300 crore growth capital fund for B2B...
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Latest News
Reliance net profit falls 5% in Q1 on weak O2C business
The consolidated net profit of Rs 15,138 crore, or Rs 22.37 per share, in April-June was compared to Rs...
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