latest retail business news
Consumer Durables & IT
CDIT continues to click for malls
CDIT is still an important category for shopping centres, contributing to a substantial amount of footfall, traffic and variety
Bengaluru: Croma, Indian retail chain of consumer electronics and durables by Infiniti Retail launched more than 50 outlets in last six...
D2C
The Sleep Company: Revolutionizing comfort
The brand started as a digital native but has now expanded its market reach offline too with an expansive store presence across India
Bengaluru: Just selling good mattresses seems like a passe when it comes to The Sleep Company and...
In Focus
5 top in-store technologies of the decade
From cashierless checkouts to augmented reality shopping these technological innovations by retailers forever redefined the in-store experience
Bengaluru: Stepping into the store, adding items to the cart and just walking out without breaking a step to pay isn’t fiction anymore. In...
Retail
Indian shopping centres to grow 17% CAGR from 2022 to 2028: Report
As per the report, some of the top reasons for consumers to visit malls include shopping (82%), watching movies (73%), dining (56%), and leisure outings with friends and family (56%)
Bengaluru: Malls and shopping centres segment is expected to grow...
Food & Beverage
Ice cream chain Naturals opens store in Kolkata
The new outlet of Naturals is located at Bangur Avenue, Lake Town, South Dumdum, Kolkata
Bengaluru: Mumbai-based ice cream chain Naturals has expanded its offline footprint with the launch of a store in Kolkata, a company official wrote on social...
Home Decor & Furnishing
Godrej and Boyce aim for larger market share in Godrej Interio biz
PTI -
The company has planned to expand its retail presence by launching 10 exclusive showrooms and 180 retailers over the next three years
Chennai: Godrej and Boyce, the flagship company of the diversified conglomerate Godrej group is eyeing 30 per cent...
Beverages
Coffee Day Global settles debt issue with IndusInd Bank; NCLAT sets aside insolvency proceedings
PTI -
The counsels representing CDGL and IndusInd Bank informed the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) about the settlement and sought permission to withdraw the insolvency litigations
New Delhi: Coffee Day Global Ltd (CDGL) and its financial creditor...
Finance & Funding
Reliance Retail $3-4 billion funding: Canadian pensions, Japanese conglomerates, Gulf funds line up in droves to invest
Reliance Retail could raise about $3-4 billion by shedding around 3-4% stake in RRVL in the fresh round as the company looks to retire its debt and make the country’s largest retailer virtually debt-free before a possible initial public...
E-Commerce
Arzooo unveils home appliances platform Gostor.com
Gostor.com will bring online consumers to 30,000 offline retailers while
catering to more than 15,000 pin codes and bridging the gap between
digital and retail shopping
Bengaluru: Retail tech platform Arzooo has launched Gostor.com, a home appliances platform that integrates offline and...
Food & Beverage
Parle Products collaborates with IBM to drive digital transformation using cloud and AI
Since its first association with IBM in 2014, Parle has been able to bring operational efficiencies by leveraging the cloud and AI capabilities of IBM Consulting
Bengaluru: Indian food processing company Parle Products has expanded its collaboration with tech company...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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