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The New Shop partners with HMEL to launch 24/7 convenience stores at fuel stations
Delhi-based convenience retailer The New Shop has entered a strategic alliance with HPCL-Mittal Energy Ltd. (HMEL), a leading refining and petrochemical firm, to launch...
FirstCry’s Q1 loss narrows by 31% YoY to INR 75.6 Cr, revenue rises 10%
Brainbees Solutions, the parent company of kids-focused omnichannel retailer FirstCry, saw its consolidated net loss narrow by 31% to INR 75.68 crore in Q1...
Baazar Style Retail raises INR 250 Cr from anchor investors ahead of IPO
Value fashion retailer Baazar Style Retail Ltd. has raised INR 250 crore from anchor investors, just ahead of its initial public offering (IPO) set...
Reliance Retail expects 2x growth in revenues and EBITDA over the next 3-4 years
Reliance, India's largest retailer, plans to double its revenues and EBITDA within the next 3-4 years. The company is also set to grow its...
FirstCry hit with I-T Dept show-cause notice over INR 80 Cr ESOP expenses
Brainbees Solutions, the parent company of kids-focused omnichannel retailer FirstCry, has received show-cause notices from the Income Tax Department regarding its employee stock option...
Footwear retailer Metro Brands to open 225 new stores, aims for 10-15% sales growth
Metro Brands, a Mumbai-based footwear retailer, plans to open 225 new stores over the next two financial years, backed by steady cash flow. The...
Decathlon partners with Zepto for 10-minute deliveries in Bengaluru, nationwide rollout next month
French sporting goods retailer Decathlon has launched on the quick-commerce app Zepto, with Bengaluru as its initial launch city. A senior company official shared...
Reliance-owned Hamleys debuts third store in Italy at Oriocentre Mall
Reliance-owned multinational toy retailer Hamleys has opened its third store in Italy, marking a continued expansion in the country following its debut earlier this...
Decathlon to invest €100 Mn in India to expand store network and strengthen local manufacturing
French sports retailer Decathlon plans to invest €100 million (about INR 933 crore) in India over the next five years. The investment aims to...
Ikea tests same-day delivery in Hyderabad, plans nationwide rollout by next year
Swedish furniture retailer Ikea is testing same-day delivery in Hyderabad and aims to expand it across all its markets within the next year. Additionally,...
Walmart’s international sales up 8.3% in Q2, boosted by Flipkart and other markets
Walmart, the US retailer that owns ecommerce firm Flipkart, reported that its international business growth was boosted by Flipkart, China, and Walmex, though specific...
PC Jeweller sees strong recovery with INR 156.06 Cr profit in Q1 as revenue climbs to INR 401.15 Cr
Jewellery retailer PC Jeweller Ltd has r͏ep͏ort͏ed͏ ͏a c͏onso͏l͏idate͏d͏ net ͏profit o͏f INR 156.06 cr͏o͏re for ͏the f͏irst quar͏ter end͏ed Jun͏e 30,͏ revers͏ing a...