Page 2 - Retail Industry

Dukaan simplifies inventory management with Magic Upload

With the new feature, inventory uploading time to reduce by 1/10th of original time for retailers, claims startup

Apollo Hospitals to step up pharmacy, retail biz, eyes Rs 10,000 cr revenue

Core hospital segment too is looking up on the back of rise in occupancies, footfalls

Aditya Birla Fashion and Retail posts Q3 net profit of Rs 58.55 crore

The firm on Monday reported a consolidated net profit of Rs 58.55 crore for the quarter ended December

Tech entrepreneur Atul Jalan to take his AI company Algonomy public in 2023

His firm Manthan Software and San Francisco-headquartered RichRelevance have completed their merger to form a new, rebranded AI firm Algonomy

Udaan raises $280 mn from existing, new investors, valuation crosses $3 bn

The additional financing exercise takes the overall funding raised by Udaan to date to $ 1.15 billion

Debenhams set to shut down without alternative offer, threaten 12,000 jobs

Debenhams said it had no choice but to start winding down the business, given the prolonged effects of the pandemic

Reliance Retail to Titan, retailers defy pandemic woes to add new stores

Top firms setting up outlets even as consumers remain cautious

Amazon notice to Future on RIL deal: India's raging retail war explained

Amazon has sent a legal notice to Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries

Majority of retailers expect festive season sales to fall by 25%: Report

The report further said 71 per cent of respondents were "considering cancelling or deferring orders due to reduced festive forecasts due to the reduction in the festive season forecasts".

Reliance offers Amazon $20-billion stake in retail arm: Report

The report comes a day after RIL announced that US private equity firm Silver Lake Partners would buy a 1.75 per cent stake in Reliance Retail for Rs 7,500 crore

Essential goods to fuel retail industry's growth in coming quarters: Report

Essential goods will fuel the Indian retail industry's growth in the coming quarters, with consumer expenditure continuing to remain focused on these items, particularly food and grocery

India Inc goes slow on increments; pay hikes for select profiles: Report

While salary growth may range from a marginally positive to stagnant or even negative, the increment for some of the "super-specialised" profiles can go beyond 15%

Investors must shun retail apparel stocks over negative operating leverage

To limit the impact on financials, companies have been looking at ways to cut costs by asking for a waiver, or lower rentals, for the duration of the lockdown

Budget to help revive consumer sentiments, local manufacturing: Retailers

While, Spykar Lifestyles CEO Sanjay Vakharia said that there are no "feel-good measures" in the Budget

20 key industrial, political and economic developments to expect in 2020

Where is the Sensex headed? will the economy turn around? what about sectors like auto, pharma, consumer goods and infra? Business Standard tells you what to expect in the new year

Retail industry sees demand reviving in 2020, expects growth in second half

Though the economic slowdown started in high-ticket segments like real estate, auto and consumer durables, it has now spread to other sectors such as retail as the consumption basket shrank

Supermarkets outpace traditional trade amid the slowdown: Nielsen data

Rate of growth nearly double that of traditional trade in July-Sept: Nielsen data

There's a lot in a name

Social media must be absolute hell for anybody, who shares his/her name with a prominent politician.

Changing the way India shops... forever

Kirana stores hold the key to retail and ecommerce growth in India

Economic slowdown: Pace of retail credit offtake falls to 15.6%

The economy grew by just 5% in first quarter ended June 2019