today's retail news
In Focus
Retail boom in sacred cities driven by a surge in spiritual tourism
Growing tourism is attracting retail brands to establish a footprint in these potential market New Delhi: Retail chains are capitalising on the growing trend of spiritual tourism across more than a dozen cities in India, according to the latest report.The 14 cities include Amritsar,...
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Unicommerce launches AI tool UniGPT
This new product marks Unicommerce’s entry into the Artificial Intelligence space
New Delhi: Gurugram-based e-commerce enabler and software as a service (Saas) platform Unicommerce has launched UniGPT, a generative AI-based platform to address the concerns of e-commerce sellers and provide...
Fashion & Lifestyle
Landmark Group’s Lifestyle enters Aurangabad
Located at Prozone Mall, API Road, it is the 24th Lifestyle store in the Western region and 112th in India
Bengaluru: Landmark Group’s department store chain Lifestyle has launched its first store in Aurangabad, which is the 24th Lifestyle store in...
Fashion & Lifestyle
Giva reaches 100 store milestone
The 100th outlet of Giva is located at Phoenix Mall of Asia, Yelahanka
Bengaluru: Fine jewellery brand Giva has reached the 100-store milestone with the launch of its latest outlet in Bengaluru at Phoenix Mall of Asia, Yelahanka, the company said...
E-Commerce
EBITDA positive for last two quarters, says Myntra
PTI -
Myntra said it has been growing notably faster than the online fashion market since the second half of CY2023, with GMV growth nearing two times of the market during the recent festive seasonNew Delhi: Fashion e-commerce platform Myntra said...
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DPIIT plans to engage consultant to prepare logistics report for 3 years
PTI -
Every year, the department releases a Logistics Ease Across Different State (LEADS) report, ranking states and Union Territories (UTs) on the basis of their logistics ecosystemNew Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) is...
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Toys“R”Us enters Bengaluru
Located at Bhartiya Mall near Hebbal, the new Toys“R”Us outlet is spread across 6,200 sq. ft. of retail areaBengaluru: Retail tech company Ace Turtle has launched the first Toys“R”Us store in Bengaluru, third in India, the company said in...
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Coca-Cola’s largest bottler SLMG appoints Costin Mandrea as CEO
PTI -
Mandrea, who has over 25 years of experience in the beverage industry, has held key leadership positions at Coca-Cola Bottling System in Western and Central Europe, Russia, and JapanNew Delhi: SLMG Group, the largest independent bottler of Coca-Cola in...
Finance & Funding
Grocery retail chain SuperK raises $6 million
PTI -
The funding will be used for investing in technology infrastructure, hiring, and scaling the platform to connect digital native brandsNew Delhi: SuperK, a franchised grocery retail chain for small towns, on Wednesday, said it had raised $6 million (around...
Finance & Funding
Subko raises $10 million from Nikhil Kamath, Gauri Khan, John Abraham
PTI -
The funds will be used to enhance the talent pool, develop tech-enabled customer experiences, bolster product and design research and development, and launch ready-to-drink coffee productsNew Delhi: Subko, a specialty coffee roaster and craft bakehouse based in Mumbai, has...
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Starbucks opens India’s first coffee experiential store
The new Starbucks store is located at Punjabi Bagh, New DelhiBengaluru: US-based coffee chain Starbucks has launched its first-ever...
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