today's retail news
Latest News
Inflation rises to 3-month high of 5.55% in November
PTI -
Inflation based on the Consumer Price Index (CPI) was 4.87% in October and 5.88% in November 2022, the government data released showedNew Delhi: Snapping its declining trend, retail inflation rose to a three-month high of 5.55% in November on...
E-Commerce
Dynamics of India’s E-commerce Growth: AI, Data, and Trust Lead the Way
The day-long insightful discussions at the IMAGES Group’s Internet Commerce Summit uncovered several trends that are impacting Indian e-commerce industry’s dynamics of growth
New Delhi: Artificial Intelligence (AI), data and trust are key drivers impacting e-commerce growth in India according...
Latest News
Walmart sources bicycles from India, partners Hero Ecotech
PTI -
This initiative is a part of Walmart's commitment to triple exports out of India to $10 billion annually by 2027New Delhi: Global retail major Walmart has started sourcing bicycles from India by entering into a strategic partnership with Hero...
Latest News
beatXP sales rise 11 times to Rs 250 crore during festive season sale
PTI -
beatXP, which sells fitness technology products, claims to have registered sales of only Rs 22 crore during the September-November festive season a year agoNew Delhi: Smart devices company beatXP sales grew by 11 times to around Rs 250 crore...
Fashion & Lifestyle
Soch Apparels opens 45th store in Bengaluru
Located at Commercial Street, the new Soch store is spread across 2,000 sq. ft. of retail spaceBengaluru: Ethnic wear brand Soch Apparels has opened its 45th store in Bengaluru, the retailer said in a press release on Tuesday. Located...
In Focus
UPI, Credit to further drive digital payments in e-commerce: Experts
According to experts speaking at the Internet Commerce Summit, international adoption of UPI, increase in transaction limits and credit offered by e-commerce players are the hallmarks of the digital payments evolution
Bengaluru: Notable changes are on the cards for Unified Payments...
FMCG
ITC’s FMCG biz grows at 14% CAGR in last 3 years, Aashirvaad becomes Rs 8,000 crore brand
PTI -
Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 yearsNew Delhi: Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the...
Finance & Funding
Beauty brand Nat Habit raises $10.2 million in series B funding
The company is currently clocking an Annual recurring revenue (ARR) of Rs 82 Crore
New Delhi:Â D2C Ayurvedic beauty and wellness brand Nat Habit has raised $10.2 million in series B funding led by Bertelsmann India Investments (BII), a release by...
In Focus
Youth, Bharat will drive the next wave of growth for Digital Commerce & D2C: Experts
More D2C brands will emerge from tier 2 or tier 3 cities and youth are driving digital commerce with 80% purchases from the channel according to experts speaking at the Internet Commerce Summit in Bengaluru
Bengaluru: Tier 2 and tier...
Fashion & Lifestyle
Victoria’s Secret to open in Hyderabad
After its recent Victoria’s Secret store at Phoenix Mall of Asia in Bengaluru, the Apparel Group India is set to open the brand’s store at Inorbit Mall in HyderabadNew Delhi: Apparel Group India is set to open a Victoria’s Secret...
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Latest News
Zudio goes global, opens first international store in Dubai
The new store is located at Silicon Central Mall in UAENew Delhi: Tata Group-owned value retail fast fashion chain...
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