Page 3 - Retail Sector

Festivities, sporting events lift TV advertising volumes, up 11% in Oct

The volume of advertisements was also 23 per cent higher, compared with October 2019.

Americans ramped up retail spending a strong 1.7% last month

Solid hiring, strong pay raises, and healthy savings for many households are underpinning robust spending

Retail credit enquiries zoom 54% in February-October, shows data

Increased demand visible across consumption products

V-Mart Retail reports net loss of Rs 14.14 crore in September quarter

The comapany on Monday reported narrowing of net loss

IPO rush: Samvat 2078 set to break new records with mega issues

Bankers said the retail participation this year has been an encouraging sign, particularly in loss-making unicorns

Retail sales near pre-Covid levels with 96% recovery: RAI

Category wise, consumer durables and electronics; food and groceries and quick service restaurants (QSR) have fully recovered and are indicating double digit growth on pre-pandemic levels

Credit to retail, industry accelerates in August, slows in services sector

Loans for farming and allied activities continued to perform well, up 11.3% this August from 4.8% a year ago

'Interest for veterinary jobs, postings for food and retail sectors spike'

Overall hiring has touched pre-pandemic level

Arvind Fashions soars 10% on raising Rs 439 crore from marquee investors

With this fundraise, the company completes the capital requirement needed for growth and navigating any uncertainties

Banks recast loans worth Rs 35,000 crore under RBI's second scheme

Retail and loans to micro, small and medium enterprises have the largest share in the two schemes combined

Prices of essential commodities have risen in Assam in last 5 yrs: Minister

Retail prices of almost all essential food items have increased in Assam since 2016, with the rates for onion and mustard oil registering the highest spike

The point-of-sale machine: Clearly, there is a world beyond the swipe

The point-of-sale machine has evolved from a mere swiping facility to a tool used by merchants for inventory management, bookkeeping and more

Apparel companies likely to lag retail peers for the June quarter

Higher inventory may lead to discounting, dent profitability

Consumer-centric retail, telecom biz help RIL stay afloat amid Covid-19

The relatively young consumer-centric retail and telecom businesses have helped the conglomerate even as it seeks mega scale in renewable energy

Investors to look at EMs once Covid's worst is behind: Andrew Holland

Housing and retail sales in the US are already starting to fall, CEO Holland

Covid-19 pandemic: Consumers unwilling to visit malls, says survey

The survey was conducted in 314 districts and had 34,000 responses

Delhi govt allows 100% retail activity from Monday: Check details here

All retail and trading establishments will now be allowed to operate at full capacity between 10 am and 8 pm from Monday

Covid impact on retail: Health, hygiene, instant food products sales surge

Discretionary categories like beauty and cosmetics, fashion and apparels have been affected adversely during the second wave of the pandemic

Kirana partners see 30% rise in monthly delivery incomes in 2020: Flipkart

Walmart-owned Flipkart on Friday said its Kirana partners across the country registered an increase of nearly 30 per cent in their average monthly delivery incomes in 2020.

Flipkart restructured biz model to control over inventory, alleges CAIT

Traders' body CAIT on Thursday urged the government to investigate the "blatant" violation of FDI and taxation rules by e-commerce major Flipkart, alleging that the Walmart-owned firm had "creatively" restructured its business model to exercise control over inventory and retail prices.