Retail Sector

Rupa & Co, Dollar Ind, Kitex Garments hit 52-wk lows on weak Q3 results

However, Kitex Garments said the company's order book in queue for 2023-24 indicates achieving a better performance in Q1 and normal performance by Q2

Budget 2023-24 wishlist: Here are the key challenges in retail sector

Large consumer markets and one of the youngest demographics

Retail, farm segments set to drive credit growth in FY23: CRISIL

Banks' net interest margin should expand in the near term despite credit costs expected to normalise

Wedding season pushed vehicle retail sales up by 26% in November: FADA

All categories were in the green with two-wheelers, three-wheelers, passenger vehicles, tractors & commercial vehicles growing by 24%, 80%, 21%, 57% and 33%, respectively

Michael Kors launches Qualcomm 4100+ chip-powered Camile Gen 6 smartwatch

Michael Kors Camile Gen 6 starts at Rs 22,995. The smartwatch is available for purchase on select online and offline retail stores

Amazon.com Inc kicks off five-part bond sale in second deal of 2022

Proceeds may be used to repay debt as well as funding acquisitions and share buybacks, says source

Going forward, IOB will be posting very good results: MD & CEO Sengupta

'It has been in the range of 20-30 per cent in almost every quarter'

Three-fourth employers in services sector willing to hire: TeamLease

The hiring boom in India's services sector is likely to continue in the third quarter, with 73 per cent of employers willing to increase their resource pool

Retail IPO applications down by over 50% in H1FY23, shows data

Firms raised a total of Rs 36,535 cr in the period, 30.2% less than Rs 52,325 cr last yr

Reliance Retail launches lifestyle departmental store format Centro

Will have over 300 Indian and International brands in categories such as apparels, footwear, cosmetics, lingerie, sportswear, luggage and accessories

We're reading too much into weak two-wheeler demand: Hero Moto exec

The optimism is in contrast with the dealers' confidence, which flagged the recovery in motorcycles and scooters "as an area of concern"

Temp staff hiring to rise as consumers return to stores in festive season

During the festive season, more than 500,000 short-term jobs are expected to be created

Divide emerges between retail, pros on how to play Ether upgrade

Ethereum recently completed its last test before the upgrade, and developers said the main event should take place next month

Retail businesses grew 18% in July as compared to pre-Covid level: Survey

In July 2022, growth in sales compared to the pre-pandemic period (July 2019) was noticeable across regions, with sales in eastern India growing to 25 per cent

Bullish on retail, Lulu Group plans to develop more shopping malls in India

Shibu Philips, Director-Shopping Malls of Lulu Group India, said the Indian retail market is still "under-utilised" with the share of organised retail being still low.

Shoppers from tier-I and tier-II cities drive India's e-commerce growth

Growth was powered by the direct-to-consumer (D2C) segment

Lifestyle & grocery retailers reverse FY21 trend, hire over 180,000 people

The total number of employees in eight of the top retailers in India went up 57 per cent to 4,90,000 in FY22, with Reliance Retail hiring the most number of people at 1,61,000

Shoppers Stop surges 11%, hits 52-week high on healthy Q1 results

Returning mobility and higher ticket purchases led by the pent-up demand will likely drive retail spending over the coming months, the company said

E-comm retail logistics market projected at $6.3 bn by FY26: Report

The growth will be primarily driven by the e-commerce retail market - expected to reach approximately $145 billion by FY26, with about 15 million daily shipments.

Institutional investments in realty sector rises 14% during Jan-Jun period

Institutional investments in Indian real estate rose 14 per cent annually to USD 2.6 billion during the January-June period, driven by higher inflow in office and retail segments, according to property consultant Colliers India. Office segment received investments of USD 1,276.8 million in January-June 2022, up 20 per cent from USD 1,068.1 million in the year-ago period, the consultant said in a statement. Institutional investments in retail real estate jumped to USD 491.8 million from USD 77.2 million during the period under review. The alternative assets (like data centre) rose 53 per cent to USD 369.8 million from USD 241 million. Mixed use developments saw USD 230.7 million of inflow in January-June 2022 as against nil in January-June 2021. However, institutional investments in industrial & logistics assets fell 77 per cent to USD 179.8 million from USD 774.9 million. Residential segment saw 45 per cent fall in fund inflow to USD 86.4 million in January-June 2022 from USD ...