retail news India
E-Commerce
Lenskart scouting 25-acre land for factory near B’lore airport; K’taka Min responds swiftly
PTI -
Bansal posted his requirement on LinkedIn and within five minutes, the Minister responded in the affirmativeNew Delhi: Karnataka Industries Minister M B Patil on Tuesday directed officials to assist Lenskart CEO Peyush Bansal, who said the company was looking...
Beauty & Wellness
Realme aims top spot in Rs 15-25k segment with launch of P series this year
PTI -
The company aims to achieve the 50 million smartphone sales cumulatively under its partnership with FlipkartNew Delhi: Smartphone maker Realme India aims to garner the highest share in the Rs 15,000-25,000 mobile phone segment this year with the launch...
Spotlight
Social commerce set to scale, but concern of authenticity looms large: Industry
PTI -
The coming together of e-commerce and social media to create a new business channel, social commerce is increasingly gaining traction in the retail spaceNew Delhi:Â Social commerce is poised for dynamic growth, with some estimating a 10-fold rise by 2030,...
Fashion & Lifestyle
Kalyan Jewellers reports 34% rise in Q4 revenue
PTI -
The company did not provide the actual revenue figures reported for the fourth quarter and the entire FY24New Delhi: Kalyan Jewellers on Friday reported a 34% increase in consolidated revenue for the quarter ended March and a 31% growth...
E-Commerce
UP becomes fastest-growing market for Amazon
Amazon noted a strong double-digit growth in new customers mostly coming from tier 2 and below cities of Uttar Pradesh (UP)New Delhi:Â Amazon.in has reported impressive growth in UP, led by a significant 25% year-on-year increase in the home and...
Latest News
iThink Logistics onboards onto ONDC to strengthen outreach to SMEs, MSMEs
PTI -
iThink Logistics going live on the ONDC Network unfolds advantages for Small and Medium-sized Enterprises (SMEs)New Delhi: Logistics startup iThink Logistics on Tuesday announced it has onboarded onto ONDC (Open Network for Digital Commerce) to strengthen its outreach to...
Fashion & Lifestyle
Jadeblue opens its 40th store in Ajmer, Rajasthan
The new store is located at the Mittal Mall, Ajmer
New Delhi: Ahmedabad-based men’s clothing retailer Jadeblue has opened its 40th store in the country in Rajasthan, a social media post by a company official said on Tuesday.
“Our 40th store...
FMCG
Varun Beverages completes acquisition of South African bottler BevCo
PTI -
VBL has also issued a corporate guarantee amounting to South African Rand (ZAR) 1,500 million (around Rs 660 crore) to secure credit facilities extended to BevCo by the FirstRand Bank thereNew Delhi: Varun Beverages Ltd, PepsiCo's largest franchise bottler,...
E-Commerce
Amazon India revises seller fee structures
PTI -
Amazon said it will apply 18% GST (goods and services tax) to all the fee types listedNew Delhi: E-commerce major Amazon on Saturday said it is revising its seller fees on account of inflation and interest rates, as well...
Food & Beverage
Starbucks enters GwaliorÂ
The new Starbucks outlet is located at DB Mall, Gwalior, Madhya Pradesh
Bengaluru:Â US-based coffee chain Starbucks has launched its first store in the city of Gwalior, a company official wrote on social media on Saturday. Located at DB Mall in...
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Latest News
Fashion retailer Cantabil crosses 550 store mark
The company recently opened four new stores in Delhi, bringing its total number of stores in the Delhi NCR...
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