retail
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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...
DMart’s parent company Avenue Supermarts expects 19.8% revenue growth in Q4 FY24
Avenue Supermarts Ltd. expects a 19.8% increase in revenue for the fourth quarter of fiscal 2024.According to its quarterly business update released on Wednesday,...
Reliance Brands unveils new Superdry store in Bengaluru, promising fashion enthusiasts a fresh retail experience
Superdry, the British apparel brand, has launched its latest store in Bengaluru, as announced by a company official on social media. Located at Phoenix...
ABFRL’s Style Up continues expansion with new Hyderabad store, reaching 27 locations nationwide
Style Up, a fashion brand under Aditya Birla Fashion and Retail Limited (ABFRL), has launched a new store in Hyderabad, as announced by a...
India targets boost in agricultural value-added exports; alcoholic beverages and jam among 12 key items for export push
India aims to boost the export of agricultural value-added goods by collaborating with retail chains and supermarkets in nations such as the United Arab...
Crocs India extends exclusive partnership with Metro Brands
Metro Brands Ltd (MBL) has announced an extension of its partnership with Crocs India Ltd (CIL), with adjustments made to the terms of their...