Retail Chains

The Damani family-promoted retailer had reported a revenue of Rs 8,606.09 crore in the January-March quarter last fiscal, said a regulatory filing from Avenue Supermarts

The development comes at a time when Cloudtail, once the largest seller on Amazon's India marketplace, shut operations on the e-commerce platform as a seller this year amid regulatory pressure

They must also avoid applying for too many loans within a short span

The firm is looking to raise Rs 500 crore from the IPO to fuel its store and warehouse expansion plan

The company had posted a net loss of Rs 104.89 crore in the April-June quarter a year ago, said Shoppers Stop in a regulatory filing.

E-commerce giant writes letter to retail chain's independent directors, seeks independent probe of dealings with RIL

The German retailer operates 31 cash-and-carry stores across India

Has already acquired online medicine seller NetMeds in India; Boots deal will help it launch NetMeds overseas, bring offline retail chain to India, say analysts

Retail chain Shoppers Stop Ltd on Wednesday reported narrowing of its consolidated net loss to Rs 3.68 crore for the September quarter, helped by a comeback in sales. The company had posted a net loss of Rs 97.70 crore in the July-September period a year ago, Shoppers Stop said in a regulatory filing. Revenue from operations rose over two-fold to Rs 642.07 crore from Rs 296.98 crore in the corresponding quarter of the previous fiscal. Total expenses were at Rs 714.25 crore, up 45.06 per cent from Rs 492.36 crore earlier. Shoppers Stop MD & CEO Venu Nair said, "The demand postponement triggered by the second wave of the pandemic witnessed a strong comeback in Q2." "While July was muted with multiple lockdowns and Maharashtra completely closed, August and September witnessed a sharp recovery. Our sales more than doubled and EBITDA quadrupled against last year," he noted. Moreover, the festive sales have been extremely reassuring, he said, adding sales recovered more than 100 per ..

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported a twofold increase in its consolidated net profit to Rs 417.76 crore for the second quarter ended September

First convenience store set to open tomorrow in Andheri East

With this, it has achieved half its initial target within two months

Sales at stores opened at least a year rose 6.4%

'We've been on the pumps, we've been stocking the shelves', say Mohsin and Zuber Issa.

The overall trend for most stocks in the retail segment looks promising from a medium-term perspective. Here are the key levels you need to keep a tab on for front-line stocks

The rights issue is part of their objectives of reducing leverage, strengthening balance sheet apart from funding general corporate expenses, including working capital

In the first nine months of financial year 2019-20 (FY20), Trent is estimated to have added 60 Zudio stores

The economic growth slowdown is a "reality" but all should keep a forward-looking approach to come out of it, he told PTI

Consumers from tier-II/III/IV geographies still prefer making planned purchases that are affordable, says the CEO

Chains were also better prepared in terms of their offers, discounts and overall shopping strategies