retail
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India’s retail inflation eases to 11-month low of 4.83% in April, food prices remain a concern
India's retail inflation softened marginally, hitting an 11-month low of 4.83 percent annually in April, down from 4.85 percent in the previous month, as...
Fynd set to launch buyer app on ONDC, plans to onboard 500 brands on seller app
Fynd, the omnichannel retail platform, is expanding its footprint on the Open Network for Digital Commerce (ONDC). Having unveiled its fashion-centric seller app in...
90% of Indian retail market to stay offline despite digital surge, says Accel’s Prashanth Prakash
Online-first Direct-to-Consumer (D2C) brands have a significant opportunity to extend their presence by expanding into offline stores, as highlighted by Prashanth Prakash, founding partner...
Kisanserv on expansion spree, set to triple presence with 250 new retail stores in Pune and Mumbai
Pune-based Kisanserv is planning to expand its operations by opening 250 new retail stores across Pune and Mumbai over the next three years, thereby...
Wildcraft eyes growth with INR 80 Crore investment in new warehouse facility
Wildcraft, an indigenous brand specializing in adventure and outdoor products, has allocated INR 80 crore to establish a warehouse in Sira, Karnataka, spanning over...
DMart’s Q4 FY24 net profit soars 22.3% to INR 563 Crore, driven by strong performance in general merchandise and apparel
Avenue Supermarts, the company behind DMart, has reported a 22.3% increase in its consolidated net profit for the fourth quarter ended in March 2024....
US plant-based food retail sales declined in 2023, reveals GFI Report
Plant-based food sales through US retail dropped in value and volume terms in 2023, as revealed by new findings, with significant declines noted particularly...
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...