about retail industry

The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments New Delhi: Procurement of goods and services from government portal GeM has crossed Rs...

India created history by successfully landing Chandrayaan-3 on the moon’s South Pole. Here’s what retailers can learn from the milestone mission Mumbai: At 5.28 pm (IST) on 23 August all eyes across the world were set on millions of screens—from...

Situated on Vittal Mallya Road, Ashok Nagar, the new outlet is the brand’s largest and 16th outlet in Bengaluru Bengaluru: Pet care brand Heads Up For Tails (HUFT) has launched its latest flagship store in Bengaluru, the retailer said in...

RRVL, through its subsidiaries and associates, operates India's largest, retail business with an integrated omnichannel network of over 18,500 stores New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278...

Lok Capital, Sharrp Ventures, DSG Consumer Partners, and Saama Capital participated in the funding round Mumbai: SuperBottoms, a sustainable baby and mom care brand has raised $5 million in its recent series A1 funding round led by Lok Capital and Sharrp...

The aspirational goal marks a remarkable 10-fold expansion of Meesho’s current seller base of 1.3 million Bengaluru: E-commerce marketplace Meesho has announced its goal to onboard 10 million small businesses by 2027 and help them succeed online at an event held in Delhi on...

Its net profit for the financial year 2021-22 was Rs 269 crore and revenue from the operations stood at Rs 7,806 crore New Delhi: Retail store chain Lifestyle International Ltd, part of Dubai-based retail and hospitality conglomerate Landmark Group, has reported a...

Under the leadership of its managing director Venu Nair, India’s first department store chain Shoppers Stop is reinventing itself once again with a focus on beauty and private labels along with a host of other initiatives. The question is,...

Meesho charges zero commission from sellers on their sales but charges for services like advertisement, logistics and other business tools that it provides to merchants New Delhi: With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to...

Softening input cost will boost operating margin by about 125 basis points to 9 per cent, which will still be below the pre-pandemic levels of 10 per cent Mumbai: Softening input cost and rising demand will help the footwear industry...