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Perpule Raises $4.7 million in Series A to Fuel Omni-Channel Retail & Consumer Commerce in India

Perpule has raised $4.7 million in Series A led by Prime Venture Partners.

November 14, 2018  |  comments ( 0 )  | 

Amazon in talks to buy 10% stake in Future Retail

The move comes close at the heels of Walmart's $16 billion payout to acquire 77% of Flipkart India’s largest e-commerce firm. Walmart is Amazon’s biggest rival in the

May 23, 2018  |  comments ( 0 )  | 

Future Retail net losses escalate at Rs 464 cr In Q4

The company reported exceptional expense of Rs 603.87 crore in the reported quarter due to demerger of retail business undertaking of Hypercity Retail (India) with the

May 22, 2018  |  comments ( 0 )  | 

Shoppers Stop Eyes 10% Sales From Omni-channel Outlets in next 3 years

Shoppers Stop, which had registered a consolidated total income of Rs 3,713.25 for financial year 2017-18, is expecting a growth of 7.5 per cent and above.

April 30, 2018  |  comments ( 0 )  | 

Retail Chain Shoppers Stop Posts Q4 Net Profit At Rs 20.78 Cr

For the financial year 2017-18, Shoppers Stop's standalone net profit was at Rs 11.60 crore. It had a net loss of Rs 19.93 crore in FY 2016-17.

April 30, 2018  |  comments ( 0 )  | 

Future Consumer Launches 'PRIM' For Smart Home Management.

The range includes products like colour grabber, magic sponge, fridge odour absorber among other.

March 13, 2018  |  comments ( 0 )  | 

Shoppers Stop Q3 net profit declined by 14% to Rs 16 crore

A year ago, the company had posted a net profit of Rs 19 crore in July September quarter.

February 01, 2018  |  comments ( 0 )  | 

Future Group In Talks To Acquire Grocery Retailer FoodWorld Supermarkets

The supermarket chain was started nearly two decades ago as a division of Spencer & Co. part of the RPG Group, but became a separate company in 1999.

January 22, 2018  |  comments ( 0 )  | 

Shoppers Stop Appoints Rajiv Suri As Its New CEO

Shoppers Stop reported consolidated loss of Rs 18.5 crore for the September 2017 quarter

November 23, 2017  |  comments ( 0 )  | 

Flipkart Forays Into Grocery Delivery For Selected customers

While the select grocery delivery is only a soft launch Flipkart plans to make scale up to provide its services to all its customers in Bengaluru

November 10, 2017  |  comments ( 0 )  | 

Shoppers Stop Reports Net Loss Of Rs 21.80 Crore

Company reported exceptional loss of Rs 33.78 crore due to impairment in value of investments in its subsidiary HyperCity Retail

October 27, 2017  |  comments ( 0 )  | 

Shoppers Stop agreed to sell its supermarket chain Hypercity to Future Retail

The deal also sent shares of Future Retail sharply higher; as investors bet it would improve its growth prospects

October 07, 2017  |  comments ( 0 )  | 

The Board Has Approved The Acquisition OF Entire Share Capital

The board has also approved the proposed transaction and the above returned preferential allotment subject to the execution of definitive agreement and further subject to

October 06, 2017  |  comments ( 0 )  | 

Bengaluru To Hold First Edition OF Denimsandjeans

The event will focus on the trends, technologies, sustainability, latest innovation and developments by renowned global experts in the field of denim from Turkey, Italy,

September 22, 2017  |  comments ( 0 )  | 

Gaursons building Rs 750 cr shopping mall in Noida Extension

This shopping mall with 7.5 lakh square feet of retail space is expected to open by March next year.

September 04, 2017  |  comments ( 0 )  |