Reliance Invests Rs 30,000 cr in Retail in FY22; to Accelerate Store Expansion, E-Commerce
Reliance Industries has invested Rs 30,000 crore (around $3.76 billion) in its retail business and added 2,500 stores, taking the total store count…
Retail Sales Rose 7 pc in Dec Compared to Same Period in 2019
Retail sales in December last year grew by 7 percent over the pre-pandemic levels of the same period in 2019 but the pace dropped towards the last…
Levi Strauss & Co. Elevates Sanjeev Mohanty To Head US And Canada Operations
Sanjeev Mohanty, who has been in the role of the Managing Director and Senior Vice President for South Asia, the Middle East, and Africa, will now…
Retail Sales Touch 88 pc of Pre-Pandemic Levels on Festive Demand
With the early festive season, retail sales in India in August 2021 recovered to 88 percent of pre-Covid levels or August 2019. Peak festive season…
Explore Upcoming Events And New Age Agendas
  • Indian Restaurant Congress & Awards 2024
    8-9 October 2024, Yashobhoomi, India International Convention and Expo Centre (IICC), New Delhi
    Indian Restaurant Congress is a premium event in India's food and beverage sector, dedicated to advancing the restaurant industry through knowledge sharing and networking.
  • IReC 2024
    29-30 Nov 2024, Jio World Convention Centre, BKC, Mumbai

    Embark on a transformative journey at the highly anticipated IReC X Labels 2024 event, where the pillars of retail, eCommerce, and licensing converge to shape the future of India's dynamic industry landscape.

  • Franchise India 2024 Mumbai
    29-30 NOV 2024, Jio World Convention Centre, BKC, Mumbai

    The focus of the 2024 event is to get the best of Brands and Business Investors and for brands to get business done by meeting new partners, building advanced business relationships, and gaining new Business insights to help them make bold choices in the year ahead.

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Innovations from Indian Market Helping Us Improve Retail Globally: Walmart International CEO
Judith McKenna, President and CEO, Walmart International, has said that the retail giant is leveraging the spirit of innovation and creative problem…
Formal Retail Spaces are Essential to Revival of the Economy: RAI
Retailers Association of India (RAI) appreciates the proactive measures taken by the various State Governments to ensure steady access of essential…
Global Retail Industry Venture Financing Deals Total $3.38 bn in Q4 2020
Total retail industry venture financing deals in Q4 2020 worth $3.38 bn were announced globally, according to GlobalData’s deals database. The value…
ORCO Aims To Strengthen Customer Reach Across India
ORCO aka Organic Condiments announces the launch of 32 new products, adding to their vast portfolio of 100% natural, healthy, and certified organic…
Kirana King raises 7 cr to expand RaaS program for Kirana retail in India
Jaipur based firm Kirana King, a Unit of Kirana King Retail Network Pvt Limited, raised Rs 7 CR from Rajasthan Venture Capital Fund (RVCF) in a Pre-…
Maser Technology launches ATULYA Sterilizer for retail in India to combat COVID 19
Maser, the only Indian medical MSME working on microwave technology for disinfection solution, has launched a new product, ATULYA, to enable…
US retail industry sees a drop of 23.4% in deal activity in December 2019
The US retail industry saw a drop of 23.4% in overall deal activity during December 2019, when compared with the last 12-month average, according to…
Saya Homes to invest Rs 450 cr in its 1st retail project
Ghaziabad-based Saya Homes will be investing Rs 450 crore in its first retail project at Greater Noida. Realty firm said, "The project -- Saya South…
Evok looking to open 25 franchise stores
Evok is the new stop for online furniture shopping with modern furniture designs catering to different styles and needs of customers. It provides a…
Ace Turtle announces David Meredith's inclusion into its Advisory Board
Asia’s leading retail technology company today announced the joining of David Meredith on its advisory board. David who heads operations at John…
Lenskart invests USD 4 mn to expand John Jacobs brand stores
Online eyewear firm Lenskart today said it predicts its affordable-premium eyewear brand John Jacobs to clock revenues of Rs 500 crore by FY2020-21…
Star Shopping and Future Group’s retail infra unit to unite
Star Shopping Centres,  a mall developer company  is merging with Future Group’s primary retail infrastructure development unit, Future Market…
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…
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…
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…
Marks & Spencer Sells Hong kong Business To Al Futtaim
Marks & Spencer has sold its retail business in Hong Kong and Macau to its franchise partner Al-Futtaim as it retreats from international…
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…
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…
Indian Textile Industry To Touch $250 Billion In 2 Years
India's textiles sector is likely to touch USD 250 billion in the next two years from the current level of USD 150 billion. The joint study by…
Flipkart to Invest On Its Payment Platform PhonePe
PhonePe, Flipkart's payments platform, has received a capital infusion of about Rs 255 crore, as per filings with the Registrar of Companies (RoC).…
Indian retail industry aims to reach $1,150 billion by 2020
The retail industry in India is expected to grow at a rate of 12-14 per cent over the next four years and reach about $1,150 billion by 2020, Care…
Direct selling contribution to govt revenue set to increase 9 fold
The FICCI-KPMG report on the direct selling industry in India, released by Ram Vilas Paswan, Union Minister of Food, Public Distribution and…
Alibaba ties up with China Post to strengthen its logistics
By PTI Beijing:  China's e-commerce giant Alibaba has signed a deal with the state-owned China Post, the largest postal service provider here to…