Meet Paul Warren, the architect of India’s new convenience retail experience
The veteran along with Reliance BP Mobility (Jio-bp) is set to launch 100s of cafes and convenience stores across the nation, setting new benchmarks in serving busy customers on the move. Paul Warren’s...
View ArticleIndia witnesses 11.5% increase in mall consumption in FY 2024
North India and West India are at the forefront of the mall consumption surge, with growth rates of 13.0% and 13.9%, respectively Bengaluru: India witnessed 11.5% increase in mall consumption...
View ArticleOffline or online, retail is where the consumer is: Industry leaders at PRC 2024
Adapting products and services in line with evolving consumer preferences is essential for brands to succeed Bengaluru: Regardless of whether it’s offline or online, the focal point of retail business...
View ArticleMalls are getting bigger, shifting from transactional centres to community...
Malls are expanding in size, which is reshaping the consumer dynamics, say industry experts speaking at the Phygital Retail Convention (PRC) 2024 Bengaluru: These days, developers are constructing much...
View ArticleThe Phygital Retail Convention deliberates India’s omnichannel growth
India’s D2C market is estimated to reach a size of $100 billion by 2025 New Delhi: Amid all the euphoria about Direct-to-Consumer (D2C) brands with online presence, brands are increasingly making their...
View ArticleThe Role of Internet of Things (IoT) and Robotics in Retail
A look at the different use cases Internet of Things (IoT) and Robotics in Retail and how this emerging technology possesses the potential for massive digital transformation IoT and robotics in retail...
View ArticleFlipkart revises rate card structures for sellers
The revised rate card policy, effective May 18, 2024 includes a simplified rate card structure New Delhi: E-commerce platform Flipkart on Friday said it has revised and simplified its rate card...
View ArticleD2C fashion brand Powerlook aims Rs 300 cr GMV this fiscal
The brand also has a stronghold in the offline market with good operating revenue New Delhi: Fashion brand Powerlook looks to hit a gross merchandise value (GMV) of Rs 300 crore this financial year,...
View ArticleKey Trends Driving Digital Transformation
A look at some key factors that will drive digital transformation in the retail industry New Delhi: In the dynamic retail business landscape, several key trends are catalysing the adoption of emerging...
View ArticleFMCG companies expect volume growth in FY25 with improvement in revenue
HUL said it continues to see positive volume growth across most of its business New Delhi: Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower...
View ArticleZomato shares decline nearly 4%
At the NSE, shares of the company dipped 2.30% to Rs 196.65 New Delhi: Shares of online food delivery firm Zomato Ltd on Monday declined nearly 4% on a day the company announced its March quarter...
View ArticleMcDonald’s opens new store in Noida
The latest McCafe outlet is located at Noida’s Sector 132 New Delhi: American fast food chain McDonald’s has opened its 50th McCafe outlet in India, a social media post by the company executive...
View ArticleRetail inflation eases to 11-month low of 4.83% in April
The central bank has projected the CPI inflation for 2024-25 at 4.5% New Delhi: Retail inflation eased to an 11-month low of 4.83% in April as prices of some kitchen items declined though overall food...
View ArticleDLF net profit up 62% in Q4 to Rs 921 cr; FY’24 profit up 34% to Rs 2727cr
DLF Ltd has developed more than 158 real estate projects and developed an area in excess of 340 million sq. ft. New Delhi: India’s largest realty firm DLF Ltd on Monday reported a 62% increase in its...
View ArticleIKEA partners Rhenus to set up warehouse at Gurugram for online order...
This step aims to support the growth of IKEA’s e-commerce expansion New Delhi: Swedish furniture retailer IKEA on Tuesday said it has partnered with Rhenus, a global logistics player, to support its...
View ArticleSignificant percentage of Indian companies hit by ransomware attacks in 2023:...
Ransomware attacks come with a timeline, threatening users New Delhi: Nearly 64% of Indian organisations surveyed were hit by ransomware attacks in 2023, a latest report by Sophos said on Tuesday,...
View ArticleAI spending in India may triple to $5 bn by 2027: Report
AI spending in India is expected to increase to $5 billion with CAGR of 31.5% New Delhi: Spending on Artificial Intelligence (AI) in the country may triple to $5 billion by 2027, an Intel-IDC report...
View ArticleColgate-Palmolive India Q4 PAT up 20% at Rs 379.8 cr
The company maintained sequential growth momentum in the fourth quarter of FY24 New Delhi: Colgate-Palmolive (India) Ltd on Tuesday reported a 20.1% increase in profit after tax (PAT) to Rs 379.8...
View Article100Unicorns launches $200 mn fund, plans to deploy it in 5.5 yrs
Our target is to create 100 unicorns potentially in the next 10 years New Delhi: Early-stage accelerator firm 100Unicorns, formerly 9Unicorns, has launched its second fund with a total corpus of $200...
View ArticleDevyani Intl, PVR INOX join hands to operate food courts in shopping malls
This partnership will empower DIL and PVR INOX to reach a wider audience and expand their market presence New Delhi: Quick service restaurant operator Devyani International Ltd (DIL) and cinema...
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