retail news online
Food & Beverage
82% of Indians prefer traditional sweets: Report
The preference for traditional sweets stands out against other dessert options such as chocolates (25%), ice creams (10%) and Western desserts like cakes (20%)Bengaluru: A staggering 82% of Indians prefer indulging in traditional sweets like rasmalai and shahi tukda...
Food & Beverage
Parag Milk Foods records gross profit of Rs 749 crore in FY24
The company’s profit after tax stood at 91 crore in FY24 showing 70% YoY growth compared to up PAT of Rs 53 crore in FY23Bengaluru: Parag Milk Foods Ltd., a manufacturer and marketer of dairy-based branded products in India,...
In Focus
Why is CGI marketing gaining popularity among brands?
Effectiveness, engagement and novelty are some of the many benefits of computer-generated imagery (CGI) -- driven advertisingNew Delhi: The iconic Qutub Minar getting a golden ring, a box falling on a building, an anonymous creature on a skateboard or...
E-Commerce
ONDC getting traction; 5 lakh sellers onboarded so far: DPIIT Secy
PTI -
The ONDC aims to promote an open platform for all aspects of e-commerce retailNew Delhi: The government-backed initiative ONDC (open network for digital commerce) has started getting traction in the e-commerce sector and so far five lakh sellers have...
Food & Beverage
LT Foods posts 14% jump in Q4 net profit on strong sales
PTI -
This consistent performance underscores our strategic focus on continuous investment on brands across geographies and innovationNew Delhi: LT Foods, a more than 70-year-old Indian-origin global FMCG company in the consumer food space, on Friday posted a 14% jump in...
Latest News
Delhivery Q4 net loss narrows to Rs 68 crore
PTI -
Express parcel shipments grew by 11%New Delhi: Logistics company Delivery has said its consolidated net loss narrowed to Rs 68.4 crore in the March 2024 quarter, aided by higher income.It had posted a Rs 158.6 crore net loss...
Food & Beverage
FSSAI asks fruit traders, food biz not to use banned product ‘calcium carbide’ for fruit ripening
PTI -
Calcium carbide releases acetylene gas, which contains harmful traces of arsenic and phosphorusNew Delhi: Food regulator FSSAI has asked traders and food business operators not to use the banned product 'calcium carbide' for ripening of fruits.In an official statement,...
Food & Beverage
Tea major B&A Ltd ventures into retail segment
PTI -
The company's retail foray has begun with 'Gatoonga' brand by tapping the Assam market New Delhi: For the first time in its over-100-year history, B&A Ltd has forayed into the retail segment through its 'Gatoonga' brand of black tea, a...
In Focus
52% of Indian retailers to onboard fresh graduates in FY25: Report
In 2023, the retail industry experienced an 8% rise in job applications, while demand surged by 18%, indicating a robust interest in retail roles New Delhi: More than half of all retailers (52%) are planning to onboard fresh graduates in...
In Focus
Eyewear brand Sam & Marshall India sees 350% annual growth in client base
The monthly reach of the brand is roughly four million people and its website users are over 100,000 every monthBengaluru: From selling products door to door to building his eyewear business, Abdus Samad has done it all in just...
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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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