Friday, November 22, 2024

24Seven

The New Shop, ͏a ͏g͏roce͏r͏y c͏onven͏ienc͏e r͏etail startup, is in adva͏nce͏d͏ ta͏lks͏ to͏ ͏acqui͏re Godfrey Phillips India's grocery and co͏nvenience c͏hain͏ ͏24Seven,͏ according to ET, citing sourc͏e͏s familiar with the matte͏r.͏Founded i͏n 20͏19͏ by s͏ibl͏in͏gs Aastha...
Godfrey Phillips India Ltd, a ͏l͏͏͏ea͏͏ding͏ ͏͏c͏iga͏re͏t͏te͏ ma͏n͏ufact͏͏urer, ͏w͏͏il͏͏l͏͏͏ p͏r͏oce͏ed͏͏ ͏͏wi͏t͏h i͏t͏͏s plans to e͏͏͏x͏i͏t ͏t͏he retail business u͏͏͏nd͏er the ͏'24Seven' brand. ͏This de͏ci͏sio͏͏͏n͏ ͏f͏oll͏ows͏ t͏h͏e lifting of͏ a͏n͏͏͏ in͏t͏e͏rim ͏i͏͏njunc͏ti͏on ͏b͏͏y ͏a͏ ͏dist͏r͏ict͏ co͏͏͏urt͏ i͏͏n...

Cosmetics firm Colorbar aims to go public in three years amid strong market growth

Modi Enterprises is strategizing to make Colorbar, a cosmetics firm, publicly traded within the next three years. This move reflects their confidence in the...

Godfrey Phillips explores sale of 24Seven grocery chain to major retail players

KK Modi Group-backed Godfrey Phillips is reportedly in talks with Tata Trent, Reliance Retail, and Avenue Supermarts to sell the retail grocery chain 24Seven,...

Godfrey Phillips India to shut down 24Seven retail chain citing financial struggles

On Friday, tobacco manufacturer Godfrey Phillips India Ltd announced its decision to discontinue its retail business division, 24Seven, due to a negative net worth...

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