Friday, November 8, 2024

retail

Kidbea explores acquisition of renowned cloth diaper brand to expand sustainability portfolio

Kidbea, a prominent brand in sustainable bamboo-based children's clothing, is advancing significantly toward a more environmentally friendly future. The company has recently revealed its...

Supermarket chain Les Mousquetaires expects prolonged high prices in France until March

The CEO of the supermarket chain Les Mousquetaires indicated on Wednesday that retail prices in France are unlikely to experience a significant decline until...

Food price surge propels India’s retail inflation to nearly 15-month high of 7.44% in July

According to data released by the Ministry of Statistics on Monday, India's retail inflation climbed to an almost 15-month peak of 7.44 percent in...

Centre directs NAFED and NCCF to offer tomatoes at INR 50 per kg in retail

In response to the decrease in tomato prices within wholesale markets, the government has instructed the National Cooperative Consumers' Federation (NCCF) and NAFED to...

Sovereign wealth fund QIA to invest $1 Billion in Reliance Retail Ventures, eyeing 1% stake

According to banking sources, the Qatar Investment Authority (QIA), a sovereign wealth fund, is currently in discussions with Reliance Industries Ltd (RIL) to make...

Dmart’s online sales surpass INR 2,000 Crore milestone, but losses widened to INR 194 Crore in FY23

Avenue Supermarts, the operator of the renowned DMart retail chain, witnessed a remarkable feat in FY23. With its online grocery unit's sales surpassing INR...

Soptle disrupts FMCG industry with 1 lakh retailers and 120 manufacturer partnerships, experiences remarkable ten-fold revenue surge

Soptle, a platform specializing in fast moving consumer goods and retail, announced that it has successfully onboarded 100,000 retailers and partnered with 120 manufacturers....

Ace Turtle raises $34 Million in Series B funding round led by Vertex Growth and other investors

Ace Turtle, a startup in the retail technology space, announced on Tuesday that it has secured $34 million (INR 293 crore) in funding for...

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