Page 26 of Retail

consumer durable, electronics, brands, air conditioners, AC, TV, refrigerator, price hike, inflation, promotions, discounts, sales growth, festive season, premium products, smart products, pent up demand

Consumer durable firms eye up to 50% sales surge during festive season; premium, smart products to lead demand

Consumer durable and consumer electronics brands are expecting sales to increase by up to 50 per cent during the festive…

August 25, 2022 13:40 IST

alcoholic beverage, liquor industry, RTD, cocktails, canned cocktails, funding, startup, packaging, cost, premium stores, inflation, margin, gin, rum, vodka, whiskey, tequila

Ready-to-drink cocktails: 1 mln cans, bottles in next 1 year – O’Be Cocktails’ ambitious sales goal

O’Be Cocktails, which started operations in 2019, sold 100,000 bottles/ cans in the last 12 months; and is now looking…

August 25, 2022 12:54 IST

innerwear, expansion, price hike, inflation, margins, lingerie, premium segment, franchise, retail outlet, distributors, wholesale, revenue, company outlook, customer experience, competition

VIP Clothing may hike prices by 15%, says CMD Sunil Pathare | INTERVIEW

“There is a high chance of price hike for our products. The increase in the rate of yarn and paper…

August 24, 2022 12:59 IST

retail, real estate, physical retail, experiential retail, value addition, customer experience, technology, leisure, entertainment, recreational spaces, thematic design, data science

Offline experience stores, leisure, entertainment will pull in-store shoppers in new normal, says CBRE

The retail industry, in the new normal, is witnessing growing footfalls across retail and recreational spaces, and physical retail formats…

August 23, 2022 17:23 IST

locks, revenue, growth, expansion, technology, design, demand, market expansion, architectural fittings, kitchen, overseas market, hardware

Godrej Locks seeks Rs 2500 crore revenue by FY2027; eyes to grow twice in size

“We plan to cross Rs 400 crore in the Architectural Fittings and Systems business, and overall revenue of 1000 Cr…

August 23, 2022 17:11 IST

chocolate, appointment, CFO, financial executive, leadership, experience, transition, FMCG

Mars Wrigley India appoints Meghal Sheth as new CFO

Mars Wrigley on Tuesday announced the appointment of Meghal Sheth as the chief financial officer for its India business.

August 23, 2022 16:57 IST

Already awarded PLI sanction for first phase of expansion with investment of Rs 135 core: Niine’s Amar Tulsiyan | INTERVIEW

Niine had applied under the PLI scheme for capacity expansion with proposed investment of more than Rs 500 crore in…

August 23, 2022 13:48 IST

start-ups, technology, sustainability, economy, profit, employment, sales strategy, FMCG, GDP

New age start-ups enabling FMCG players in a dynamic market

Since it’s quite a challenge for the retail industry to evolve with the developing markets on its own, start-ups can…

August 22, 2022 16:55 IST

DMart, avenue supermarts, reliance retail

Radhakishan Damani’s big plan to take on Mukesh Ambani; eyes fivefold growth to compete with Reliance Retail

Radhakishan Damani’s discount supermarket chain, DMart, plans to boost its store count fivefold as it seeks to grow market share…

Updated: August 18, 2022 07:42 IST

Two-wheeler wholesales rise but retail sales still a concern, say dealers

Many dealers FE spoke to said that they have an inventory of nearly five weeks. Normal inventory available should be…

August 13, 2022 12:28 IST

Retail leasing may surpass the pre-pandemic levels soon: Aman Trehan

In an exclusive interview, Aman Trehan of Trehan Iris talks about the performance of retail segment in the post-Covid world…

August 11, 2022 15:22 IST

quarter results, profit, revenue, sales, sales growth, QSR, expansion plans, price increase, inflation, margins, omnichannel, convenience store, drive thru, investment, menu innovation, french fries, fried chicken

McDonald’s franchise Westlife plans 40 new stores this fiscal, 200 more in 3-4 yrs; to invest upto Rs 1000 cr

“In terms of kinds of outlets, we have our real estate portfolios which means that we are not over leveraged…

July 29, 2022 12:28 IST

quarter results, profit, revenue, sales, sales growth, fmcg, consumer goods, price increase, commodity cost, inflation, margins, ecommerce, confectionery, beverage, packaged food, pet food

Nestle India seeing ‘early signs of commodity prices softening’, but these items’ costs to remain firm

Nestle India today said that it is seeing early signs of softening of prices in commodities such as edible oils…

July 28, 2022 18:07 IST

Nestle India Q2 net profit falls as higher costs eat away sales growth; here’s how much it earned in Apr-Jun

Nestle India today reported its second quarter net profit fell 4.31 per cent on-year, as higher costs of raw materials…

July 28, 2022 15:30 IST

earnings call, quarter result, sales growth, india business, investment, soft drink, juice, bottling investment, performance, Coke Studio

Coca Cola India Q2 sales: Soft drink major sees best ever volume growth in Apr-Jun

The growth in developed markets was led by Mexico, Western Europe and the United States, while growth in developing and…

July 27, 2022 11:46 IST

women entrepreneur, businesswomen, challenges, funding, startup, innovation, social norms, economic growth, gender roles, business idea

Women founders and their Everest: The challenges plaguing women founders in India

Women founders not only contribute to women’s empowerment and economic growth but also bring their unique set of skills and…

July 26, 2022 13:48 IST

consumer electronics, consumer durable, retail sales, ecommerce, online sales, consumer demand, home appliances, supply chain, price hike, inflation, expansion, investment

Usha International eyes 40% retail sales growth this year, aided by festive season: Kapil Kohli | INTERVIEW

“We are optimistic about the growth in demand during the upcoming quarter, especially as we enter the festive season in…

July 25, 2022 13:53 IST

sportswear, athleisure, shoes, performance shoes, fitness, online sales, retail presence, retail, company outlook, inflation, price hike

ASICS online sales now 35% of business, will hit 50% in 3 years: Rajat Khurana | INTERVIEW

“Prior to the pandemic, around 25 per cent of business used to come from online channels, which increased to 35…

July 25, 2022 11:52 IST

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From pilot to production

Technology2 hr ago

AI’s potential in the insurance sector was proven in 2025, and 2026 will focus on establishing trust. Digital adoption, regulations, and customer expectations will converge to make AI the core of insurance operations. Responsible governance, ethical practices, and strict adherence to data quality and regulatory compliance will be crucial in building trust with policyholders and customers.

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