retail news India

The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departmentsNew Delhi: Procurement of goods and services from government portal GeM has crossed Rs...

India created history by successfully landing Chandrayaan-3 on the moon’s South Pole. Here’s what retailers can learn from the milestone missionMumbai: At 5.28 pm (IST) on 23 August all eyes across the world were set on millions of screens—from...

RRVL, through its subsidiaries and associates, operates India's largest, retail business with an integrated omnichannel network of over 18,500 stores New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278...

Lok Capital, Sharrp Ventures, DSG Consumer Partners, and Saama Capital participated in the funding round Mumbai: SuperBottoms, a sustainable baby and mom care brand has raised $5 million in its recent series A1 funding round led by Lok Capital and Sharrp...

Its net profit for the financial year 2021-22 was Rs 269 crore and revenue from the operations stood at Rs 7,806 croreNew Delhi: Retail store chain Lifestyle International Ltd, part of Dubai-based retail and hospitality conglomerate Landmark Group, has reported a...

Meesho charges zero commission from sellers on their sales but charges for services like advertisement, logistics and other business tools that it provides to merchantsNew Delhi: With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to...

Softening input cost will boost operating margin by about 125 basis points to 9 per cent, which will still be below the pre-pandemic levels of 10 per centMumbai: Softening input cost and rising demand will help the footwear industry...

According to an RAI survey, QSR and Food and Grocery recorded a growth of 15% and 14% respectively, while jewellery grew 12% in July 2023  as compared to the same period last year Mumbai: Retail sales in July 2023 showed...

Under the partnership, Zomato's delivery partners can get access to Battery Smart's existing network of over 800 swap stations across more than 30 citiesNew Delhi: Online food ordering and delivery platform Zomato on Monday said it has partnered with...

The home furnishing brand also plans to aggressively expand to over 10,000 retail touchpoints including 100 exclusive stores by the end of FY2025-26 Mumbai: MyTrident, the flagship domestic home furnishing brand of Trident Group (a $2 bn conglomerate), aims to...