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Retailers report modest 5% year-on-year growth in January sales: RAI Survey
According to a survey conducted by the Retailers Association of India (RAI), retail sales in January 2024 saw a modest increase of 5% compared...
Shoppers Stop unveils its first retail outlet in Agartala
Shoppers Stop, a prominent department store chain, announced the launch of its first retail store in Agartala, Tripura, according to a press release issued...
Nature’s Basket unveils flagship store in Mumbai, marking third addition to ‘Artisan Pantry’ brand
Nature’s Basket, the gourmet retail subsidiary of Spencer’s Retail, has launched its flagship store in Mumbai, as announced in a press release on Monday....
India’s consumer packaged goods sector saw balanced growth in 2023: Bain & Company Report
India's consumer packaged goods (CPG) industry witnessed a balanced growth in 2023, as highlighted by a report from Bain & Company, a prominent global...
Reliance Retail’s Tira debuts in North India with flagship store in New Delhi’s DLF Avenue Mall
Reliance Retail's omni-channel beauty retail platform Tira has entered North India with its newest store in New Delhi, as announced by an industry official...
Arvind Fashions reports multifold rise in Q3 net profit to INR 51.08 Crore; Sephora business sale boosts earnings
Arvind Fashions Ltd, a leading player in the casual and denim segment, on Tuesday reported a multifold rise in consolidated net profit at INR...
Walmart aims to triple sourcing from India to $10 Billion annually by 2027, focuses on expansion and collaboration
Walmart, the multinational retail hypermarket, said that it has procured goods worth over $30 billion from the Indian market for its global operations in...
V-Mart Retail Q3 profit soars by 41.3% to INR 28.23 Cr, revenue surges 14.4% to INR 889 Cr
V-Mart Retail Ltd, a value retail chain, reported a 41.36% surge in net profit to INR 28.23 crore for the third quarter ending in...
Parag Milk Foods continues growth trajectory with Q3 net profit nearly quadrupling to INR 34.16 Crore
Parag Milk Foods Limited (PMFL), an Indian manufacturer and marketer of dairy-based branded products, has reported a significant increase of 268.8 percent year-on-year (YoY)...
Nestle India sees 4.3% increase in Q4 net profit, reaching INR 655.61 Crore
FMCG major Nestle India reported a 4.38% rise in net profit to INR 655.61 crore for the fourth quarter ended December 2023, compared to...
Retail sales in India plunge as consumer sentiment remains subdued; recovery expected after two to three quarters
Retail sales in India experienced a sudden halt in 2023, with the growth rate in sectors like apparel, footwear, beauty, and quick-service restaurants (QSR)...
Apparel Group’s R&B expands footprint with new Bengaluru store, marking 18th outlet in India
Fashion brand Rare and Basics (R&B) under the ownership of Apparel Group India has unveiled its latest store in Bengaluru, as announced by the...