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Spencer’s Retail to close 10 loss-making retail stores in Tamil Nadu by month-end

As of June 30, Spencer's was operating 152 stores with a total trading area of 13.29 lakh sq ft New Delhi: RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Wednesday said it will close 10 loss-making stores in Tamil Nadu...

Future Retail: NCLT extends deadline till September 15 for completing insolvency process

The Insolvency & Bankruptcy Code (IBC) mandates the completion of CIRP within 330 days, which includes time taken during litigations New Delhi, Sep 12 (PTI) The National Company Law Tribunal (NCLT) has extended the deadline to September 15 for completion of...

Le Marche to open supermarket at Ikea’s Gurugram mall

Le Marche supermarket will occupy an area of 2,676 sqm at Lykli Gurugram, scheduled to open in late 2025 New Delhi: IKEA’s sister concern Ingka Centres and supermarket chain Le Marche have announced the signing of the agreement to open...

Kulfilicious launches second outlet in Bengaluru

The new outlet of Kulfilicious is situated at Jayanagar, South Bengaluru Bengaluru: UAE-based kulfi brand Kulfilicious has launched its second outlet in Bengaluru on 11 August, the company said in a press release. The new outlet is situated at Jayanagar in South...

Toys”R”Us reopens its first Indian store in Hyderabad

The new store is located at Sarath City Capital Mall, Hyderabad, the same location where it opened its first physical store four months ago with Ace Turtle but shut down within 24 hours of launch Bengaluru: American toy and clothing...

Reliance Retail revamping Trends stores with new-age, tech-enabled features

The company is revamping around 150 Trends stores pan-India with a new brand identity New Delhi: Reliance Retail said it is revamping Trends fashion stores across the county by adding contemporary and tech-enabled features ranging from self-checkout counters to electronic...

Restaurant chain Popeyes enters Hyderabad

Located at Asian Satyam Mall, Ameerpet, the new retail store is the 18th QSR outlet of Popeys in India Bengaluru: Fast-food restaurant chain Popeyes has launched its first outlet in Hyderabad, a company official wrote on social media. Located at...

Consumer demand stable in Q1, margins to improve: say FMCG players

Two FMCG players - Marico and Godrej Consumer Products Ltd (GCPL) - in its quarterly updates reported that the overall consumer demand remained steady in the April-June period New Delhi: The fast-moving consumer goods (FMCG) sector witnessed a stable demand in...

Swiss watch brand Longines forays into Kerala

Situated at Lulu Mall, Akkulam Bridge, the new outlet of Longines is its seventh boutique in India Bengaluru: Swiss luxury watchmaker Longines enters Kerala with the launch of its first boutique in Thiruvananthapuram, the company said in a press release on...

Timex: Staying true to its core belief

Images Business of Fashion interacts with Deepak Chhabra, managing director of Timex Group India, the US-based watchmaker Helped by higher demand that now needs fresh capacity-enhancing investments, India has outpaced Europe as Timex Group’s second-largest market by revenue. The US-based...
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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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