Prachi Desai Launches Melorra's Second Experience Centre In Bengaluru?
D2C fine jewellery brand Melorra has recently announced the launch of its second experience centre at Phoenix Marketcity, Mahadevpura, Bengaluru. The…
Reliance Retail Unveils Premium Shopping Mall Jio World Drive in Mumbai
Reliance Industries' retail subsidiary on Monday unveiled the premium shopping mall Jio World Drive (JWD) in Mumbai. The mall offers a slew of…
John Jacobs looks to garner Rs 500 crore revenue by March 2021
John Jacobs, Lenskart's eyewear brand, is aiming to clock Rs 500 crore in revenue by March 2021 as it strengthens its retail presence and expands…
Indian food retail market may attract investment USD 827 bln by 2023: study
India’s food retail market is expected to touch USD 827 billion by 2023, up from USD 487 billion in 2017, growing at a compound annual growth rate…
Explore Upcoming Events And New Age Agendas
  • IReC 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Launched in 2014, the Industry of Retail & eCommerce Summit has seen many years of growth, evolution and transition.

  • D2C INDIA 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Setting in Motion the New Commerce Revolution as the biggest and widest D2C community will gather in 2024.

  • Franchise India 2024 Delhi
    18-19 May, (IICC) India International Convention and Expo Centre, Delhi, India

    Meet 500+ franchisors across diverse industries, network with 40,000+ verified buyers, and gain insights from the startup community.

  • India EV Show
    29-30 June, Hall No. 3, Chennai Trade Centre, Chennai

    The INDIA EV SHOW's 4th edition is a Premier Show & Exhibition, sparking innovation and forging connections between emerging Startups and established heavyweights in the electric mobility arena.

  • FROEXPO Chennai
    29-30 June, Hall No. 2, Chennai Trade Centre, Chennai

    India’s premier and most trusted Business & Tradeshow is back in Chennai to provide a platform for highly evolved prospects, qualified investors, entrepreneurs from across India, neighbouring countries and delegations from other parts of the world.

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Retail sector set to reach USD 1750 bn. by 2026: FICCI-Deloitte report
The FICCI- Deloitte report, 'Consumer LEADS' states that India is one of the fastest growing major economy in the world, leading to a high growth…
Lifestyle plans to open 20 new outlets
Fashion retailer Lifestyle plans to ramp up its offline presence in the country with overall investment of Rs 200 crore. The company plans to add…
Army Canteen stores record profit
The Canteen Stores Department which operates retail stores for the armed forces has declared profit in the quarterly figure reveal for FY17-18. As…
Indias retail sales will cross $1,244.58 billion by 2018: ASSOCHAM-Resurgent study
The total retail sales in India will likely to increase from the $717.73 billion during CY 2014 to touch $1,244.58 billion by 2018 as its growing…
VIP partners with Counfreedise to expand online reach
New Delhi: Well known luggage and baggage brand VIP has partnered with BuyMore, a brand of Counfreedise Retail Services Ltd to expand their online…
Reliance to focus on last-mile delivery, customer experience for its e-com biz
New Delhi: Reliance Industries to focus on last-mile delivery and superior customer experience for its planned online marketplace venture.  “Last-…
Harsimrat Kaur Badal asks ministry to relax restrictions over Amazon's food plans
In a major push to Amazon’s food retailing business, union food processing minister Harsimrat Kaur Badal has urged the Department of Industrial…
DHL launches DHL SmarTrucking across India
Deutsche Post DHL Group (DPDHL), the world’s leading mail and logistics company today has announced the launch of DHL SmarTrucking, to provide an…
Jaypore Open First Brick-and-Mortar Store
Online artisanal products platform Jaypore is all set to launch its first offline store in the city as it looks to reach out to new consumers.…
Warburg Pincus-backed company to buy Innovative Logistics
Logistics Company Stellar Value Chain Solutions backed by global private equity firm Warburg Pincus, is acquiring Innovative Logistics Services in…
Aditya Birla Fashion to cut Forever 21 biz
Aditya Birla Fashion & Retail (ABFRL) said it is downsizing operations of the Forever 21 brand by closing or resizing the legacy stores across…
Colgate-Palmolive Q3 net profit up 33.5 pc to Rs 170.65 cr
FMCG major Colgate-Palmolive India today reported a rise of 33.50 per cent in its net profit at Rs 170.65 crore for the third quarter ended…
Info Edge Q3 profit rises 13% YoY to Rs 53 crore
E-commerce firm Info Edge clocked a 22% annual increase in net revenues which came in at Rs 227.1 crore, while total income grew 18% to come in at…
Bajaj 5% Q3 loss ends in poor results
Bajaj Auto pared gains after hitting a new high of Rs 3,473, up 2% on BSE, after the company reported poor Q3 numbers. For January the company…
Samsung to Start global E-commerce center in AP
Global smartphone giant Samsung Electronics will establish an international e-commerce centre in Andhra Pradesh, Kal Raman, chief digital officer…
Apple India registers highest ever revenue growth in Dec qtr
Apple the maker of iPhone and Mac series of computers has achieved up a double-digit growth in its revenue from India in the quarter to December…
Aditya Birla Fashion and Retail release Q3 profit of Rs 35 cr
Aditya Birla Fashion and Retail Ltd (ABFRL) today reported a net profit of Rs 35 crore for the third quarter ended December 31, 2017. Formerly known…
Retail Outlets Undergo Makeover at Hyderabad International Airport
Retail experience at Hyderabad International Airport has recently got an upgrade with several outlets at the airport undergoing a complete makeover…
Unilever fourth-quarter sales better than expected
Unilever fourth-quarter sales better than expected Unilever reported a bigger-than-expected rise in fourth-quarter sales growth helped by a step-up…
Union Budget 2018: Retailers demand GST revision
As the day has come for the Finance Minister to present the Union Budget, the Goods and Services Tax (GST) retailers all across the country…
M&S plans closure of 14 more UK stores
British retailer Marks & Spencer said, six UK stores would close by the end of April, while a further eight had been identified for closure.…
Canon India launches next gen retail format CIS 3.0
Imaging products giant Canon India today announced the launch of new format for its retailing arm Canon Image Square 3.0. Canon Image Square 3.0…
Louis Philippe from Aditya Birla Fashion and Retail Ltd. Enters Nepal
Aditya Birla Fashion and Retail Ltd. announced its premium menswear brand, Louis Philippe’s foray into Nepal with the launch of its first exclusive…
Forever 21 launches its latest ‘Activewear Monochrome Line’
Forever 21, the most loved international fast fashion brand from Los Angeles, California, and part of Aditya Birla Fashion and Retail Ltd launches…
Furniture Marketplace Pepperfry Partners With SaffronsStays
Indian furniture and home products marketplace Pepperfry.com has partnered with home-stay provider company SaffronsStays to sponsor its upcoming…
Xiaomi Beats Samsung In Oct-Dec Quarter
Chinese smartphone maker Xiaomi has overtaken Samsung in the Indian smartphone market in the October-December quarter taking market leadership, as…
IKEA Wins Circular Economy Award At World Economic Forum
IKEA has been selected as winner in The Accenture Strategy Award for Circular Economy Multinational at the world Economic Forum in Davos. IKEA has…
Future Group Close To Final Deal To Buy Vulcan Express For Rs 50 Crore
Future Supply Chain Solutions, the logistics company promoted by retail titan Kishore Biyani, is believed to have agreed to terms to acquire Vulcan…
Future Group Eyes Rs 40,000 Crore Business In 2018-19
The Future Group is expecting its retail business to reach Rs 40,000 crore in 2018-19. Future Group CEO Kishore Biyani said “We are looking at…
Vodafone Partners With Flipkart To Offer 4G Smartphone
Vodafone has inked an 'exclusive partnership' with Flipkart, wherein its customers can get entry level Smartphone for Rs. 999. As a part of this…
Eveready Forays Into FMCG Business With Indonesia's Universal Wellbeing
Dry cell battery maker Eveready Industries  said it has entered into a joint venture partnership with Indonesia's Universal Wellbeing to foray into…
Reliance Retail Breaks Into Top 250 List Of Global Retailers
Reliance Retail has got into the list of top 250 global retailers list this year, at No. 189, validating the country's strong growth in consumer…
LaYuva Forays Into E-commerce Platform
LaYuva, a first-of-its-kind e-commerce platform, has been launched today with an aim to empower each individual customer to become a businessman and…
Online Micro-Delivery Platform Milkbasket Secures Financing From Unilever Ventures
Milkbasket, a micro delivery platform for groceries, has announced today that it has secured a $3m investment in a Pre-Series A Round.  Unilever…
Ayurvedic Firm Baidyanath Forays Into FMCG Segment
Kolkata-based Ayurvedic firm Baidyanath has forayed into the FMCG segment by launching range of natural juices in the market, and has plans to…
Jabong Targets 80% Sales Growth Through Its Big Brand Sale
Close on the heels of parent company Flipkart, e-commerce player Jabong.com will be launching its 'Big Brand Sale' from January 25. The four-day…
Online grocery Store BigBasket To Invest Rs 500 Cr
Online grocery store BigBasket expects to spend up to Rs 500 crore to strengthen its technology and back-end farmer supply chain as it looks to more…
FranGlobal Eyes USD 100 Million Investments From Gulf Investors
Franchise India's international arm FranGlobal is seeking over USD 100 million (about Rs 638 crore) investments from investors in the GCC countries…
Organized Retail In India Will Rise To 10% In Next Two Years-CRISIL
With the cabinet's approval of 100 percent FDI in single-brand retail via automatic route being welcomed by many key stakeholders in the industry,…
Liberty Shoes To Add 50 More Stores By Next Year
Footwear firm Liberty Shoes is looking at opening about 50 stores over the next one year as part of expansion plans and targeting annual revenue of…
E-Commerce Republic Day Sale Kicks Off From January 21
All major e-commerce platforms like Amazon India and Flipkart commence their sales from Sunday (January 21) offering various deals and huge…
Louis Vuitton India Profit Rises By 50% In FY17
LVMH Moet Hennessy Louis Vuitton, the world's biggest luxury goods company, posted over 50 per cent jump in profit in its retail store business in…
Future Retail To Acquire Travel News Services For Rs 100 Crore
Kishore Biyani-led Future Retail today said it will fully acquire Travel News Services India (TNSI) in a Rs 100 crore deal, a move which would help…
Quikr India Turnover Rises In FY17
Online classifieds portal Quikr India which has seen its turnover swell to Rs 63.8 crore. The Tiger Global and Kinnevik AB-backed company is yet to…
ICICI Venture To Invest $15.6 Million In Go Fashion India
ICICI Venture, the private equity arm of India’s largest private-sector lender ICICI Bank, is set to invest Rs 100 crore ($15.67 million) in…
Carpediem Capital Invests $6.5 Million In 1-India Family Mart
Delhi-based Nysaa Retail Pvt. Ltd, which operates a chain of value retail stores under the brand name "1-India Family Mart", on Thursday, announced…
Thailand's Siam Makro To Open 15 Stores In India
Thailand's Siam Makro, a part of USD 50 billion dollar Charoen Pokphand Group (CP Group), launched its India operations in the wholesale cash and…
Vivo Opens Online Store In India
In a bid to expand its online presence, Chinese smartphone maker Vivo on Monday launched its E-store in India that will deliver products and…
Toy Maker Lego Teams Up With Tencent
Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd to jointly develop online games and potentially a social…
Safal Opens Six New Retail Outlets In Odisha
Safal, the Fruit and Vegetable (F&V) initiative of National Dairy Development Board (NDDB) subsidiary of Mother Dairy Fruit & Vegetable…
Shoppers Stop Allots Rs 179.26 Crore Shares To Amazon
Retail chain Shoppers Stop said it has allotted shares worth Rs 179.26 crore at Rs 5 per share to Amazon.com NV Investment Holdings LLC, an…
Brooke Shields To Launch Apparel And Accessories
American model Brooke Shields is set to develop her own collection of apparel and accessories -- marking her maiden venture into design. The line to…
Flipkart To Launch ACs And Smart TVs
E-commerce major Flipkart has announced the expansion of 'MarQ' brand of consumer durables to offer ACs and smart TVs as it looks to drive more…
Fashion E-tailor Voonik To Focus On Private Labels
Fashion e-tailor Voonik, which recently said it had turned EBITDA profitable, now plans to focus on private label brands to become profitable and go…
GST Base Set To Cross One Crore Mark
Taxpayers for goods and services are set to scale the one-crore mark, marking a 25% jump in the number of taxpayers who were registered for payment…
FDI In Single Brand Retail To Boost Commercial Space Demand
The government's decision to grant 100 per cent FDI for single brand retail would boost demand for retail space from foreign brands looking to set…
BigBasket Partners With Sodexo To Offer Easy Grocery Shopping Experience
Leading online supermarket player BigBasket has entered into a partnership agreement with employee meal card company Sodexo to simplify everyday…
Louis Vuitton India Retail Profit Jumps 50% In FY17
LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury goods company, posted an over 50% jump in profit in its retail store business in India…
Khadi Ties Up With Retailers To Enter Shopping Malls
Khadi has finally entered shopping malls in tieup with retail chains, in what is seen as an attempt to tap the middle-class market it has been…
Aditya Birla Fashion and Retail Ltd Appoints Ashish Dikshit As Managing Director
Aditya Birla Fashion and Retail Ltd (ABFRL) said it appointed Ashish Dikshit managing director of the company, replacing Pranab Barua with effect…
Welspun India Sets Up US Arm To Invest In E-commerce Firms
Textile firm Welspun India has incorporated a wholly-owned subsidiary in the US to invest in e-commerce companies. Welspun India said “The company…
B2BAdda To Invest Rs 1.5 Crore To Expand Its Offline Channel
E-distribution platform B2BAdda.com is looking to invest Rs 1.5 crore to expand its offline business channel in the New Year. The platform which…
Ramdev's Patanjali Plans to Enter Into E-commerce Market
Yoga Guru Ramdev's Patanjali Ayurveda, after making headway into several markets, is planning to enter the e-commerce market. The company will be…
Godrej Sees Potentiality In FMCG Markets Globally
Godrej Group Chairman Adi Godrej said the group, globally, is seeing potentialilty in the fast moving consumer goods (FMCG) space for growth in…
Fashion Brand Company Universal Sportsbiz To Break Even This Fiscal
Sachin Tendulkar-backed celebrity fashion brand company Universal Sportsbiz has increased revenue while cutting losses and is set to break even this…
Videocon Ties Up With Flipkart For Smartphone Accessories Sale
Smartphone accessories firm Videocon Hi5 announced an exclusive partnership with e- commerce firm Flipkart for the sale of its products. Videocon…
Suresh Prabhu assures national policy for retail trade: CAIT
Commerce Minister Suresh Prabhu has assured to formulate a national policy for retail trade to bring all verticals, including small business, big…
Payal Singhal Opens Signature Store In Mehrauli
Payal Singhal, the Mumbai-based label that is known for its contemporary occasion wear highlighted with customized prints amalgamated with…
Sri Sri Ravishankar Targets Rs 500 Crore Revenue From Retail Stores
Spiritual guru Sri Sri Ravi Shankar's FMCG and wellness brand Sri Sri Tattva aims to achieve a turnover of Rs 500 crore by financial year 2019-20…
Denim Brand Numero UNO To Invest Rs 10 Crore
Home-grown denim brand Numero Uno looks to expand to southern and western India markets with approximately 36 stores and an overall investment of…
Da Milano Opens 3rd Store In Dubai
Iconic award-winning premium leather accessories brand- Da Milano is thrilled to announce the opening of its third exclusive boutique at the hotspot…
Mobile Companies Seek Additional Six Months To Sell Pre GST Stock
Mobile handset companies, under the aegis of Indian Cellular Association, have sought additional six months to liquidate pre-GST period devices so…
Specsmakers Raises $10 Million Fund By Eight Roads Ventures
City-based optical retail chain Specsmakers Opticians has raised $10 million (about Rs 64 crore) in funding led by Eight Roads Ventures India.…
Paytm To Start Incubator Program To Enable Building And Sharing Of Solutions
Paytm is all set to join the ranks of India’s growing accelerators and incubators through its incubator programme to enable building and sharing of…
Spice Group Is Selling 120 CellPhone Retail Chain HotsPot
BK Modi-owned Spice Group is selling its 120-store cellphone retail chain Hotspot for an undisclosed amount in a private equity-supported management…
Da Milano Eyes Rs 300 Crore Revenue And 150 New Stores By 2021
High-end leather products retailer Da Milano is eyeing Rs 300 crore turnover and plans to open 150 new outlets across the country for its three…
E-Commerce Market May Cross $50 Billion In 2018,D2C shows Big Promise
The digital commerce market in the country is expected to cross USD 50 billion in value by the end of 2018 from the current level of USD 38.5 billion…
Smartphone Major Xiaomi Focuses ON Growing In Indian Market
Chinese smartphone major Xiaomi today said India is the biggest market for the company outside China and the aim is to sustain its growth in the…
Instant Messaging App Hike To Allow Cab Bookings And Bill Payment
Kavin Bharti Mittal-founded instant messaging app Hike Pvt. Ltd is planning to expand its digital wallet offerings by adding services such as cab,…
Snapdeal Announces Year End Sale From December 23rd To 25th
E-commerce Company, Snapdeal has announced the last sale of this year from December 23 to December 25 with discounts upto 80 percent on its platform…
Naaptol To Double Its Customer Base Of 10 Million
Home shopping company, Naaptol plans to double its customer base of ten million in 2018 and is going to roll out its brick-and-mortar stores for…
Sachin Tendulkar Backed Smaaash Bags Rs 90 Crore Through Syndication Deal
Sachin Tendulkar-backed gaming and entertainment company Smaaash has raised Rs 90 crore in equity financing, through a syndication deal, less than…
E-Commerce Brand Tata CliQ Launches Luxury App With Revamped Website
Tata group’s multi-brand e-commerce platform Tata CLiQ has strengthened its luxury portfolio with a launch of a luxury app along with a revamped…
Koovs beats Amazon and Flipkart to bag best consumer experience platform
Amazon and Flipkart have been extravagantly spending millions on creating a varied fashion portal, while a smaller portal of similar category Koovs…
I want to be a winemaker: The Myntra CEO
Ananth Narayanan is collecting signature wines to pass on as pieces of inheritance to his three daughters rather than entrusting property and…
FMCG Companies Cuts Price of Its Good after GST Deduction
FMCG companies, including ITC, Dabur, HUL and Marico, today said they have cut prices of various products to pass on the benefits of GST rate…
Bespocut Looks for Passionate Franchisee Partners
Pradeep Kumar, Founder & CEO, Bespocut, said, “We had a great experience at this event. The first day was wonderful with great engagement from…
Home Furnishing Company IKEA To open 6 Stores In NCR
IKEA, the Swedish home furnishings company purchased its first land parcel in Gurugram, Haryana and its fourth one in India after Hyderabad, Mumbai…
hp launches new point-of-sale system to re-invent retail
Global printers, mobile devices and PC maker HP Inc. has announced the launch of all-in-one point-of-sale (POS) system, the HP ElitePOS, which the…
Tata's Trent raises Rs 100 crore to refinance repayments
Trent, retail arm of Tata group, has raised Rs 100 crore from the market by issuing commercial papers to refinance its upcoming repayments. "The…
Wipro to launch liquid dishwash and kids toiletries brands
Wipro Consumer Care is entering new categories such as liquid dishwash and kids toiletries under two new brands with separate online and offline…
Shoppers Stop implements JDA Warehouse Management across its warehouses
Indian fashion retailer, Shoppers Stop aims to achieve 20% digitally influenced sales by 2020 from its recently deployed JDA management system…
Gamle Appliances aims to be a pan India brand by year end
Orange Crow International Pvt Ltd is on a massive expansion drive. Having launched Gamle Kitchen Appliances recently, the company is set to…
Metro Cash & Carry plans to invest Rs 1690 crore for expansion
Metro Cash & Carry India, the Indian arm of the German multinational wholesale company, which opened its first store in Ahmedabad recently, aims…
HyperCITY celebrates 11th anniversary with 50% discounts at retail stores
Hypermarket chain, HyperCITY  has announced its 11th anniversary celebrations across all stores in India. To celebrate the occassion, the company…
Amazon India doubles seller base in under a year
E-commerce major, Amazon India said that it has doubled its seller base in India in less than a year. The company which started operation in India 4…
Alibaba introduces Tmall World for overseas Chinese users
Chinese e-commerce giant, Alibaba Group Holding Ltd has said that it is launching new sales channels in Singapore, Malaysia, Hong Kong and Taiwan in…
SpiceJet enters e-commerce business, partners with Amazon for its brand store
Low-cost carrier, SpiceJet has entered the e-commerce business with the launch of its new retail venture, SpiceStyle, which would offer fashion and…
Gymboree plans to close 375 stores amid bankruptcy
Children's clothing retailer, Gymboree Corp has filed for Chapter 11 bankruptcy and plans to cut its debt by around $1 billion and close 375 stores…
Aldi aims 2500 stores in US by 2022
German grocery chain, Aldi Inc has announced that it would invest $3.4 billion to expand its U.S. store base to 2500 by 2022, raising the stakes for…
Miraj Group aims 100 FMCG retail outlets by 2019
Diversified group, Miraj plans to open 100 FMCG retail outlets, Miraj Mart across the country in the next two years. The company, which opened its…
Paytm Mall to offer cashbacks of up to 20,000 during its three-day pre-GST sale
After Flipkart and Amazon launched GST-driven sale on fashion and furniture last week, Paytm Mall is also launching its own clearance sale this week…
Woodland plans to foray into inner-wear and leisure wear category
Indian footwear and apparel retailer, Woodland plans to expand its portfolio with the launch of canvas shoes and flip-flops as new product…
Big bazaar stores in Kolkata to sell Anandhara Products
Anandadhara, the National Rural Livelihoods Mission in Bengal has joined hands with Big Bazaar to tap modern retail chain to sell state-specific and…
Amazon proposes around $500 million investment in food retail in India
US retail giant Amazon's proposed $500 million investment in retail of food products in India would soon get official nod, an official said. The…
American eyewear and camera brand Polaroid collborates with Noida-based Powerful Technologies
American company Polaroid, best known for its eyewear, instant film and cameras, is collaborating with Noida-based Powerful Technologies to launch a…
LG India to sell 10000 super premium TV units in FY17-18
Electronics major, LG Electronics India is looking to sell around 10,000 units of super premium range of televisions in FY17-18, said a top official…
ZDT looks to set up manufacturing plant in India
Chinese manufacturer and supplier of security surveillance equipment and solutions, Zhejiang Dahua Technology, has started selling its products…
Reebok seeks government's approval to set up single brand retail stores in India
Global athletic footwear and apparel company, Reebok, has sought government's nod to set up single brand retail stores in the country. The…