Page 2 of Retailers

retail tech trends, retail industry, digitization, destination shopping, Point of Sale, customer experience, AR, VR, online shopping, sustainability, eco-friendly packaging

Charting the course: Key retail tech trends of 2024, from deep digitization to destination shopping

The year 2024 will hold the promise of unveiling transformative trends, embracing profound digitization that permeates every aspect of retail…

December 25, 2023 18:33 IST

gold exports, exports, gold jewellery, foreign trade agreement, Cut & Polished diamond, Silver Jewellery, Coloured Gemstones

Jewellery consumption growth estimated at 10-12% in FY24, organised retailers to post revenue increase of 15-18%

ICRA’s sample set of 14 large jewellers, which account for ~70 per cent of the organised market, is projected to…

December 24, 2023 12:45 IST

F&G retailers, F&G outlets, revenue growth, discretionary segment, demand, credit profiles, investments, online format, brick-and-mortar format, omnichannel, CRISIL Ratings

Organised F&G retailers to log revenue growth of 14-15% in fiscal 2025, says CRISIL Ratings

Organised F&G retailers are expected to log revenue growth of 14-15% in fiscal 2025. However, modest demand from the discretionary…

December 22, 2023 14:44 IST

kirana stores, sales representative, FMCG, Unilever, Parle, ITC, retail channel

Sales representatives of Unilever, Parle, ITC among favourites of kirana store owners in 2023, says Kirana Club survey

Anshul Gupta, Founder & CEO, Kirana Club, said, “Our survey aims to put a spotlight on the sales representatives of…

December 19, 2023 13:50 IST

BNPL, retail industry, innovation, credit financing, credit scores, festive season, consumer awareness, merchant, POS terminal, EMI, credit demand, credit flow

How BNPL is augmenting the success of India’s retail industry

From big-ticket items to small purchases, Indian consumers are not hesitating to avail card-linked credit financing options at the point…

November 27, 2023 12:09 IST

Mastercard, U GRO, MSME, digital supply chain, scheduled commercial banks, small businesses, startup, funding

Mastercard partners with U GRO Capital for loans to dealers, distributors, last-mile retailers, others

The collaboration with U GRO Capital is in line with Mastercard’s earlier announcement to get 1 billion people and 50…

November 23, 2023 14:59 IST

wedding season , CAIT, traders, marriages, delhi wedding, festive season, praveen khandelwal, confederation of all india traders, textiles, sweets, dry fruits

Wedding season to generate Rs 4.74 lakh cr business from expected 38 lakh marriages: CAIT

According to CAIT National President BC Bhartia and Secretary General Praveen Khandelwal, Delhi alone is expected to see over 4…

November 21, 2023 18:57 IST

retail leasing, fashion & apparel segment, leasing activity, home & department stores category, mall completions, supply addition, consumer spending, footfalls, operational costs

Retail leasing in Jan-Sep up 46% on-year; fashion & apparel, home & department stores lead growth, says CBRE report

In terms of cities, Bangalore, Delhi-NCR, and Pune collectively accounted for a share of over 61 per cent in leasing…

October 22, 2023 18:39 IST

apparel retailers, revenue growth, festival spur, store expansion, discretionary spending, raw material prices, input costs, external debt, premium segment, wedding season, cash flows, CRISIL

Organised apparel retailers to post revenue growth of 7-8% this fiscal aided by festival spur, store expansion, says CRISIL

The growth during the fiscal and over the medium term will also be facilitated by continued store expansion, including to…

September 20, 2023 13:43 IST

Shopping centre industry to grow at ~17% from 2022 to 2028, emerging as catalyst for economic growth, says Deloitte-SCAI report

Mall and shopping centres segment is expected to grow at a rapid pace, with a projected ~17 per cent CAGR…

September 19, 2023 13:34 IST

Citykart, expansion plans, sales, outlets, acquisitions, funding, sales growth, private brands

Citykart aims to reach 300 stores by 2026; achieves over 100% planned sales, says Sudhanshu Agarwal

Citykart Pvt Ltd aims to have 300 stores across India by 2026 from the current store count of 93 outlets…

August 24, 2023 14:25 IST

msme news, retail news, rai news, india, business news, small business news, retailers sales, indian industry, small business news

Retail sales see 9% YoY growth in July: Retailers Association of India survey

In terms of categories, Quick Service Restaurant (QSR) and Food & Grocery reported a growth of 15 per cent and…

August 20, 2023 13:02 IST

MSME news, small business, india, india business, business news, RAI, retailer association, tamil nadu, mk stalin, tamil nadu news, government schemes for msme, growth tips for business

Retailers’ body RAI signs MoU with Tamil Nadu govt for new Retail policy, support MSMEs

RAI will help in facilitating discussions between FaMeTN and the member retailers to help them understand their needs regarding capital,…

August 8, 2023 16:26 IST

Aditya Birla Fashion and Retail, ABFRL, Q1FY24, quarter results, profit, loss, revenue, EBITDA, new business, e-commerce, Pantaloons, omnichannel, digital footprint, expansion, new store

Aditya Birla Fashion and Retail posts Q1 loss at Rs 161.62 cr, revenue up 47% on strong pick-up in new businesses

ABFRL posted revenue from operations at Rs 3,196.06 crore, up 47 per cent on-year. The company said that the sales…

August 4, 2023 19:29 IST

Madame, Jain Amar Clothing, expansion, turnover, revenue, retail presence, investment

Madame aims for 27% revenue jump in FY24 to reach Rs 470 crore, says Akhil Jain

In order to fuel its future growth plans, Madame is focusing on expanding its retail presence in the South and…

June 7, 2023 11:57 IST

Citykart Retail, expansion, investment, funding, retail stores, internal accruals, funding, value retail, technology, AI, cost optimization, discounting

Citykart to invest around Rs 200- 300 crore to open 300 stores in 3 years, says Sudhanshu Agarwal | INTERVIEW

“We are currently running 92 Citykart stores spread across 76 cities and 7 states. Citykart team is all geared up…

May 29, 2023 13:18 IST

Liberty Shoes, revenue, expansion, growth, summer season, footwears, athleisure category, manufacturing, disposable income, inflation, sales surge, retail presence

Liberty Shoes to grow 10-15% this summer; plans 50-100 new stores: Anupam Bansal Interview

In terms of the most popular categories at Liberty Shoes, Anupam Bansal said that while the sports and athleisure category…

April 3, 2023 14:54 IST

Sirona, offline retail, e-commerce, online sales, sales growth, revenue, Good Glamm Group, expansion, feminine hygiene, D2C channel, subscription, quick commerce, new product

Offline sales bring 10-15% of revenue, eyeing 2.5x online sales growth by year end, says Sirona founder

While the brand’s foray into offline retail has been recent, Sirona is focusing on its offline network of product offerings.…

March 11, 2023 10:17 IST

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Goa bans fireworks and sparklers in nightclubs, bars days after 25 killed in blaze

India News49 min ago

North Goa administration bans fireworks in clubs and restaurants following deadly fire at ‘Birch by Romeo Lane’ nightclub. Prohibition applies to all tourist establishments, including nightclubs, bars, hotels, and resorts. Preliminary inquiry suggests electric fireworks as cause of fire, with owners fleeing to Thailand. Probes reveal club did not implement fire safety measures.

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