retail news
In Focus
Magniflex India plans 70 new stores in FY25, aims for 60% CAGR growth
The company also anticipates achieving growth of at least 200% over the next two to three years
Bengaluru:Â Italian mattress company Magniflex is planning to expand its retail presence in India by adding up to 70 new stores including franchise and...
Food & Beverage
DS Group’s confectionery business achieves Rs.1,000 crore sales in FY24
The confectionery division of DS Group has grown by over 20 % CAGRNew Delhi: The confectionery arm of DS Group, Dharampal Satyapal Foods Ltd. (DSFL), has achieved an annual sales turnover of Rs.1,000 crores in FY 2023-24, the company said in...
Payments
Paytm Q4 FY24 loss widens to Rs 550 crore
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The Reserve Bank of India (RBI) barred Paytm Payments Bank Limited (PPBL) from accepting deposits, credit transactions or top-upsNew Delhi: Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter...
Fashion & Lifestyle
Apparel Group’s R&B Fashion to open 200 new stores in India and GCC
The brand is planning to open more outlets in metropolitan areas across the Kingdom of Saudi Arabia, United Arab Emirates, Bahrain, Qatar and India
Bengaluru:Â Fashion brand Rare and Basics (R&B), owned by retail conglomerate Apparel Group, is set to increase...
Food & Beverage
McDonald’s opens 400th store in India
The new outlet is located at the International Departures of GMR Hyderabad International AirportBengaluru: American fast-food chain McDonald’s has reached the 400-store milestone in India, following the multinational brand’s entry into the Indian market in 1996, according to an industry...
Food & Beverage
Third Wave Coffee opens 23rd store in Mumbai
Located at Santacruz, the new Third Wave Coffee outlet is its 118th, nationwide
Bengaluru:Â Coffee-first quick service restaurant (QSR) brand Third Wave Coffee has launched its 23rd store in Mumbai, the company said in a press release on Tuesday. Located at...
Latest News
Conscious Chemist partners with GoKwik
With this partnership, Conscious Chemist aims to increase its order volume by 72% this yearÂ
New Delhi:Â Gurugram-based skincare and cosmetics brand Conscious Chemist has partnered with e-commerce enablement platform GoKwik, a release by the company said on Tuesday.
With this partnership,...
Latest News
ULIP offers huge opportunities to states for enhancing logistics ecosystem: DPIIT Secy
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The platform was launched on September 17, 2022, as part of the national logistics policyNew Delhi:Â The Unified Logistics Interface Platform (ULIP) offers huge opportunities for states to enhance their logistics frameworks, a top government official said on Monday.Department for...
E-Commerce
GST officers working on registration mechanism for ‘shared warehouse’ for e-commerce suppliers
PTI -
The issue of taxation for warehouses has cropped up after multiple suppliers have geo-tagged the same warehouse as their 'additional place of business' under the GST rulesNew Delhi: GST authorities are working out a mechanism to deal with the...
E-Commerce
Flipkart Iris to provide brands with insights on customer behaviour
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Iris will help brands make data-driven decisions that can significantly improve conversion rates and salesNew Delhi: E-commerce company Flipkart on Monday launched Flipkart Iris, a platform designed to provide insights about customer behaviour to brands.Iris will provide brands with...
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Latest News
Nykd by Nykaa, Snitch, Berrylush, Boult, Lovechild Masaba weamong India’s D2C Stars
India D2C Awards 2024 felicitates India’s next-generation consumer brandsMumbai: The final day of the India D2C Summit 2024...
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