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retail news India

71% of consumers want generative AI integrated into their shopping experiences: Report

Over half (58%) of consumers have replaced traditional search engines with Gen AI tools for product/service recommendations, up from 25% in 2023Bengaluru: As many as 71% of consumers want artificial intelligence (AI) to be integrated into their purchasing experiences,...

MR.D.I.Y. opens its 285th store in India at Reach 3Roads, Gurugram

Developed by the Reach Group, a trusted name in real estate, Reach 3Roads continues to redefine retail and entertainment standards in Gurugram. New Delhi: Home improvement retailer MR.D.I.Y. has opened its 285th store in India at Reach 3Roads, Sector 70,...

India Retail Figures H2 2024 by CBRE

The report focuses on key metrics, developments, and insights within the retail real estate sector in India for the second half of 2024‘India Retail Figures H2 2024’ report  by real estate consulting firm CBRE focuses on key metrics, developments,...

The Organic World expands Karnataka footprint, launches in Mysore

The company opened two new stores in Mysore, located at Ramakrishna Nagar and VijayanagarBengaluru: The Organic World (TOW), a South Indian grocery retail chain and flagship brand of Nimida Group, has extended its presence in Karnataka by making its...

Paytm to focus on merchant services in overseas foray, expects to be profitable by June

The company has set up three overseas step-down subsidiaries of Paytm Cloud Technologies in the United Arab Emirates, Saudi Arabia and SingaporeNew Delhi: Fintech firm One97 Communications, which owns the Paytm brand, will primarily focus on financial services for...

India will protect interests of small, medium enterprises in diamond industry: Goyal

The Minister requested the EU to extend the deadline for technology-based certification in the sectorNew Delhi: Commerce and Industry Minister Piyush Goyal on Monday said the country will safeguard the interests of small and medium units in the diamond...

Fixderma appoints Venugopal Nair as Chief Business Officer – OTC

In his new role at Fixderma India Pvt. Ltd., Venugopal will oversee the P&L management for the OTC division on a national scaleNew Delhi: Skincare brand Fixderma has announced the elevation of Venugopal Nair to the role of Chief...

In the next 2-3 years, IGP sets sights on Rs 1,000 crore revenue: Founder Tarun Joshi

Tarun Joshi, Founder and CEO of Join Ventures and IGP.com, shares insights into the brand's journey, its operational and delivery strategies, technology adoption, expansion plans, and moreBengaluru: India hosts over 50 major festivals annually that are widely recognised, and...

NRF 2025: Top retail trends to watch in 2025

As the retail industry continues to evolve, 2025 is shaping up to be a year of exciting transformationsNew Delhi: As we step into 2025, the retail industry is poised for exciting changes. Susan Reda, Vice President of Education Strategy...

D2C skincare retailer Innovist targets three-fold revenue by FY26: Founders

The company recorded total sales of Rs 103 crore in the financial year 2023-24Launched in 2019 by founders Rohit Chawla, Sifat Khurana, and Vimal Bhola, Innovist has established itself as a formidable player in the personal care industry. The...
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IndiaMART reports 16% revenue growth in Q3 FY25; net profit jumps 36%

Net Profit Margin Expands to 30%; EBITDA Margin Reaches 39%New Delhi: Online B2B marketplace IndiaMART has announced robust financial...
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