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today's retail news

Snapdeal’s FY23 consolidated loss narrows to Rs 282 crore

As per the company's RoC filing, the total income fell to Rs 388.1 crore in FY23, from Rs 563.5 crore in the previous fiscal (FY22)New Delhi: Snapdeal has seen its consolidated loss after tax narrow to Rs 282.2 crore...

Data-driven hiring practices, nearly double-digit pay hikes to mark HR ways in 2024

Employees want workplace flexibility, a greater emphasis on diversity, and impartial hiring processes, while companies are eager to provide fair, engaging and streamlined candidate experiences to attract and retain top talentNew Delhi: Data-driven hiring ways, inclusive and diversity-focused practices...

AI, diversity, inclusion will take centre stage in 2024: Indeed survey

New Delhi: Employees and employers geared up to adopt artificial intelligence at the workplace, with 59 per cent of employees very confident in their ability to adapt and utilise AI tools, says a survey.According to an Indeed survey, going...

Trendsetting innovations: Renee Cosmetics

The cosmetic brand has experienced exponential growth since the start and accounts for almost 300 percent growth since it started operationsBengaluru: Going by the general trend in India, cosmetics was mostly regarded as an ‘occasion-based’ category in retail. With...

Key retail IPOs of 2023

From a logistics firm to stationery and personal care brands, here are companies from the retail ecosystem that went public in 2023 The year 2023 has been a robust one for initial public offers (IPOs), not only in terms of...

Retail to Shift from Highstreets to Highways

With the construction of new highways, the increasing affordability of cars, and the soaring rental prices on high streets, it is natural for retailers to reconsider their location strategies Ten years from now, highways will contribute to a sizeable turnover...

Retail sector set for 10-13% growth in 2024

Network expansion, a strong uptick in demand for premium brands, increasing traction for value brands in smaller cities and general elections will be among the key drivers for the retail sector, which is also moving from being just a...

Gem, jewellery exports dip by 4.52% in Nov to Rs 19,018 cr: GJEPC

Exports stood at Rs 19,917.73 crore (USD 2437.53 million) during November 2022Mumbai: The overall gem and jewellery exports witnessed a on-year decline of 4.52% in November to Rs 19,018.180 crore (USD 2,263.34 million), GJEPC said on Friday.Exports stood at...

McDonald’s opens drive thru store in Kerala

The new standalone outlet is positioned on a 14,000 sq. ft. plot of land in Kottayam district  Bengaluru: US-based fast-food chain McDonald’s has launched its new drive-through store in Kerala, a company official wrote on social media earlier this week. The standalone...

Meesho posts first-ever profitable quarter in FY24; loss dips to Rs 141 crore in first half

New Delhi: Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated profit after tax in the second quarter ended September 2023.The company did not disclose the amount of profit it earned in the July-September...
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CCD cafe count falls to 450 in FY24, number of operational vending machines rises

The number of Value Express kiosks also declined marginally to 265, according to the latest annual report of Coffee...
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