retail
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Online gifting giant IGP to enter Singapore market, strategizes offline expansion and targets tier 2 & tier 3 cities in India
In the swiftly changing landscape of Indian e-commerce, few sectors have seen the kind of dynamic growth and innovation as India's online gift market....
BIS standards enforcement to affect water bottle availability
Starting from June '24, reusable insulated water bottles, flasks, and containers crafted from copper, stainless steel, and aluminum may no longer be available on...
Retail sector sees 8% growth in March 2024
Retail sales in March 2024 saw an 8% growth compared to the sales levels in March 2023, according to the survey by Retailers Association...
ABFRL’s Style Up continues Bengaluru expansion, opens third store
ABFRL's fashion retail brand, Style Up, has unveiled its third store in Bengaluru, as per a company announcement on social media. The latest standalone...
LoveChild by Masaba Gupta partners with Shoppers Stop for retail expansion
LoveChild, the beauty brand by Masaba Gupta, the renowned Indian fashion designer and actress, has partnered with the department store chain Shoppers Stop.As part...
India’s consumer and retail sector sees surge in M&A and private equity deals, up 30% in Q1 2024: Grant Thornton Report
During the March quarter, India's consumer and retail sector experienced a significant uptick in mergers and acquisitions as well as private equity deals. Deal...
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,...
Sleepyhead enters offline retail market with debut store in Karnataka
Sleepyhead, the direct-to-consumer (D2C) brand specializing in sleep solutions, has launched its first brick-and-mortar retail store in India. Situated in Banaswadi, Karnataka, this marks...
British retail giant Tesco eyes profit surge as consumer confidence rebounds
Tesco, the largest retailer in Britain, projected a continued increase in profits, attributing it to early indications of enhanced consumer sentiment. This forecast comes...
Fashion retailer Ted Baker to shut down 15 UK stores, leading to nearly 250 job cuts
Ted Baker will be closing approximately 15 stores across the UK, including shops in London Bridge and Milton Keynes, leading to nearly 250 job...
Shoppers Stop’s Intune brand launches first store in Nagpur
Shoppers Stop's budget-friendly fashion brand, Intune, has opened its first store in Nagpur, Maharashtra, as announced in a social media post.Ssumit Jhaam, Regional Director...
Mall hypermarkets scale down as quick commerce apps gain momentum, sales decline prompts closures, say operators
Hypermarkets in malls are reducing their space, with some even closing down, as sales have dropped due to the growing popularity of quick commerce...