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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: Italian mattress company Magniflex is planning to expand its retail presence in India by adding up to 70 new stores including franchise and...

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: Fashion brand Rare and Basics (R&B), owned by retail conglomerate Apparel Group, is set to increase...

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...

Augusté Skin opens facial-only studio in Bengaluru

The studio offers various personalised skin care treatments and a range of products including serums, face masks and scrubs Bengaluru: Skincare brand Augusté Skin has launched its luxury facial-only studio in Bengaluru, the company said in a press release on Tuesday....

Third Wave Coffee opens 23rd store in Mumbai

Located at Santacruz, the new Third Wave Coffee outlet is its 118th, nationwide Bengaluru: 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...

GST officers working on registration mechanism for ‘shared warehouse’ for e-commerce suppliers

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...

Flipkart Iris to provide brands with insights on customer behaviour

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...

Whirlpool of India Q4 net profit rises 24.7% to Rs 79.5 crore

Whirlpool's revenue from operations was up 3.66 per cent to Rs 1,734 crore during the quarter under reviewNew Delhi: Consumer durables maker Whirlpool of India Ltd on Monday reported a 24.7 per cent increase in consolidated net profit to...

Reliance Retail’s Avantra by Trends opens 73rd store pan India

Located at Aparna Neo Mall, Nallagandla, the newly opened Avantra store is its seventh outlet in Hyderabad Bengaluru: Avantra by Trends, an ethnic wear brand from the extensive portfolio of Reliance Retail, has launched its 73rd retail store across the...

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...
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5 Pillars of Customer Retention

Customer experience, social media, trust, transparency and data critically impact customer retention said representatives of leading brands speaking at...
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