retail
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VLCC set to expand retail footprint with over 100 new beauty and wellness clinics nationwide
VLCC, a renowned beauty and wellness brand, is strategizing to broaden its retail footprint by launching more than 100 beauty and wellness clinics across...
Sainsbury’s retail sales soar by 6.8% in FY23/24
Sainsbury’s, the UK supermarket chain, saw a 6.8% increase in retail sales for the fiscal year 2023/2024, reaching £30.61 billion ($38.24 billion) compared with...
Lenskart’s FY23 revenue soars to INR 3,788 Crore; losses narrow to INR 64 Crore
Lenskart, the omnichannel eyewear retailer, saw its consolidated operating revenue more than double to INR 3,788 crore in FY23 from INR 1,502 crore a...
Furniture brand Ouchcart aims for INR 30 Crore revenue in FY25, eyeing 200% growth from previous fiscal
Ouchcart, a UP-based home decor and furnishing brand, has set its sights on achieving INR 30 crore in revenue for the financial year (FY)...
United Colors of Benetton unveils its largest store in Andhra Pradesh
United Colors of Benetton, the Italian fashion brand, has inaugurated its largest store in the state of Andhra Pradesh, as announced by an industry...
The New Shop expands reach with flagship store opening in Jabalpur, Madhya Pradesh
The New Shop, a Delhi-based convenience retailer, has opened a flagship store in Jabalpur, Madhya Pradesh, as stated in a social media post by...
Reliance Retail’s Smart & Smart Bazaar embrace premiumization with diverse product portfolio expansion
In a strategic move signaling a shift towards catering to a more diverse clientele, Reliance Retail’s value-format grocery chains, Smart and Smart Bazaar, announced...
V2 Retail to invest INR 90-100 Crore in expansion drive: Plans 35-40 new stores across the nation
Value retail chain V2 Retail has plans to open 35-40 new stores, each covering an area of 4 lakh square feet. Additionally, it intends...
Smartsters expands retail footprint with exclusive store launch in Juhu
Smartsters, the renowned children's furniture brand, unveiled its 35th store at Linking Road, Juhu in Mumbai on Tuesday. The latest addition is housed within...
Apparel retailer Express files for US bankruptcy protection, plans closure of over 100 stores
Express Inc, a prominent fashion retailer, has initiated Chapter 11 bankruptcy proceedings in the United States and plans to shutter over 100 of its...
Reliance Retail’s JioMart sees 94% YoY surge in seller base in Q4 FY24
Despite experiencing sequential declines in profit and revenue, Reliance Retail, the retail segment of Reliance Industries Ltd (RIL), reported robust growth in seller additions...
Reliance Retail’s Q4FY24 net profit surges 11.7% to INR 2,698 Crore
Reliance Retail has reported a net profit of INR 11,101 crore for the financial year ended on March 31, 2024 (FY24), marking the first...