latest retail news
Fashion & Lifestyle
Lifestyle International FY23 profit jumps to Rs 700 crore
PTI -
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...
E-Commerce
Meesho aims to grow merchant base 10 times to 1.1 cr by 2027
PTI -
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...
Shoes & Accessories
Footwear industry to record 11% revenue growth this fiscal: Report
PTI -
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...
Latest News
Retail sales grow 9% in July 2023 vs July 2022: RAI Survey
According to an RAI survey, QSR and Food and Grocery recorded a growth of 15% and 14% respectively, while jewellery grew 12% in July 2023 as compared to the same period last year
Mumbai: Retail sales in July 2023 showed...
Food Service
Zomato, Battery Smart join hands to provide battery swapping access to delivery partners
PTI -
Under the partnership, Zomato's delivery partners can get access to Battery Smart's existing network of over 800 swap stations across more than 30 cities
New Delhi: Online food ordering and delivery platform Zomato on Monday said it has partnered with...
Home Decor & Furnishing
MyTrident aims to cross Rs 1,000 crores revenue by FY25-26
The home furnishing brand also plans to aggressively expand to over 10,000 retail touchpoints including 100 exclusive stores by the end of FY2025-26
Mumbai: MyTrident, the flagship domestic home furnishing brand of Trident Group (a $2 bn conglomerate), aims to...
Fashion & Lifestyle
Bag and accessories brand Hidesign opens 3 stores in 3 weeks
The stores are located at Mall of Ranchi, Jharkhand; CP67 at Mohali in Punjab and at the Forum Kochi in Kerala
Mumbai: Leather bag and accessories brand Hidesign has opened three new outlets, a company official announced on social media....
Spotlight
Delivery work not permanent career choice, gig staffing segment sees half-yearly churn: experts
PTI -
A Zinnov and Microsoft study in March noted that gig workers will play an instrumental role in India's USD 5 trillion economy, with the current 77 lakh gig workforce set to triple to 2.3 crore by 2030, generating USD...
Food & Beverage
Retail tech case study: How Wow Momo increased repeat customer purchases by 80%
Wow Momo also received 30,000 orders within just two months of the chatbot’s launch
Mumbai: Founded in 2008 by Sagar Daryani and Binod Homagai, Wow Momo has emerged as a prominent Indian fast-food restaurant chain based in Kolkata. The brand...
Home Decor & Furnishing
Furniture brand WoodenStreet opens outlet in Mumbai
Spanning 6,000 sq. ft., the new WoodenStreet retail store is located at Mira Road in Mumbai
Mumbai: Omnichannel furniture brand WoodenStreet has opened its 10th store in Mumbai, Maharashtra, the company announced in a press release on Thursday. Spanning 6,000...
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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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