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UK-based Clarks shoes snaps ties with Reliance Retail; closing all India stores

The UK footwear brand may, however, consider restructuring its India business and operate in the country as a single-brand retailerReliance Retail and UK-based footwear company Clarks have terminated their two-year-old joint venture amid major differences over various terms of...

Spencer’s Retail shutting all Delhi-NCR stores amid complete exit from the market

Spencer’s Retail is also exiting Andhra Pradesh and Telangana markets along with Delhi-NCRNew Delhi: Spencer’s Retail has started the process of shutting its chain of stores in Delhi-NCR as part of its plans to completely exit the loss-making operations...

IKEA to shut down its store at Mumbai’s R-City Mall

The 72,000 sq. ft. city-centre store was opened in July 2022 and was among the first batch of relatively smaller format stores that IKEA opened in India as part of its larger omnichannel playNew Delhi: IKEA is shutting its...
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Phoenix Palladium, Mumbai welcomes 4 new brands

The newly launched brands include Lifestyle, Celio, Ecco, and San-Cha Tea Boutique Bengaluru: Phoenix Palladium Mall in Mumbai, operated by...
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