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Urban Ladder to double its retail store presence in India by March 2024

Furniture and home decor brand Urban Ladder, which on Wednesday opened its 50th store, said it plans to double this store count by March 2024. The company, which opened its latest store in Kolkata, has rapidly scaled up its offline presence in the last nine months as it was operating only 13 stores until June 2022. "... the company plans to expand its retail stores in 32 cities by 2023 and aims to double this number by March 2024," Urban Ladder said in a statement. Starting its journey as an online brand, the company would continue to strengthen its presence in the e-commerce segment. "The world of e-commerce is rapidly expanding, and Urban Ladder also aims to strengthen its online presence through UL.com and Jiomart," it said. Urban Ladder Chief Business Officer Nishant Gupta said the company has a robust expansion plan to cater to consumers across various metro and non-metro markets. "Our customers have always supported and motivated us to create unique offerings and every comp

Urban Ladder to double its retail store presence in India by March 2024
Updated On : 15 Mar 2023 | 10:51 PM IST

The webrooming phenomenon: Research online, purchase offline

Webrooming theory states that some consumers do their research online but then end up purchasing the product offline, in a physical retail store

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Updated On : 08 Mar 2023 | 7:14 PM IST

Upcoming retail trade policy to help brick and mortar traders: Centre

The Centre plans to come out with a retail trade policy which would provide more credit and better infrastructure to brick and mortar traders

Upcoming retail trade policy to help brick and mortar traders: Centre
Updated On : 06 Mar 2023 | 4:14 PM IST

Leasing of retail space across 8 cities rose 21% last year, says CBRE

Leasing of retail real estate space during last year rose 21% to 4.7 million square feet across eight major cities mainly on rising demand from Food and Beverage (F&B), fashion and apparel retailers

Leasing of retail space across 8 cities rose 21% last year, says CBRE
Updated On : 19 Jan 2023 | 4:43 PM IST

FRAI appeals Centre to cut high taxes on daily goods to stem illicit trade

FRAI made a representation to Finance Minister Nirmala Sitharaman with an appeal to protect the interests of its 80 lakh retailers

FRAI appeals Centre to cut high taxes on daily goods to stem illicit trade
Updated On : 17 Jan 2023 | 1:27 PM IST

Spencer's Retail casts net wide to reel in value-conscious consumer

Hypermarket chain to focus on tier III, IV cities, launch to be held in phases

Spencer's Retail casts net wide to reel in value-conscious consumer
Updated On : 16 Jan 2023 | 11:59 PM IST

Reliance Retail may convert Metro Cash & Carry stores into B2B outlets

They may not be converted into hypermarkets and supermarkets as many are on city outskirts

Reliance Retail may convert Metro Cash & Carry stores into B2B outlets
Updated On : 27 Dec 2022 | 7:49 PM IST

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

Michael Kors launches Qualcomm 4100+ chip-powered Camile Gen 6 smartwatch
Updated On : 30 Nov 2022 | 3:31 PM IST

Flipkart veteran building unified shopper identity across stores

Flash is creating a digital identity that power shoppers can use across retail sites

Flipkart veteran building unified shopper identity across stores
Updated On : 30 Nov 2022 | 1:45 PM IST

Offline, online sales soar as shoppers clamour for best Black Friday deals

Retail brands and malls expect sales to grow by as much as 50% this time over the 2019 figures, when Black Friday as a concept began gaining momentum in India

Offline, online sales soar as shoppers clamour for best Black Friday deals
Updated On : 25 Nov 2022 | 11:53 PM IST

Reliance may retain Metro India's top management post-acquisition: Report

The acquisition includes 31 wholesale distribution centres, land and other assets owned by Metro

Reliance may retain Metro India's top management post-acquisition: Report
Updated On : 08 Nov 2022 | 12:11 PM IST

Shoppers Stop posts net profit of Rs 18 cr in Q2; revenue jumps 59%

Shoppers Stop reported a 60% jump in its second-quarter revenue on rebounding demand for clothes and shoes even as its move to spend heavily on fresh stock ahead of the festive season pressured profit

Shoppers Stop posts net profit of Rs 18 cr in Q2; revenue jumps 59%
Updated On : 20 Oct 2022 | 3:59 PM IST

Reliance Retail's brand partnerships increase three-fold in the past decade

A Business Standard analysis found that while the number of Reliance retail stores has grown fourfold in six financial years, this growth has not been uniform

Reliance Retail's brand partnerships increase three-fold in the past decade
Updated On : 12 Oct 2022 | 10:50 PM IST

Reliance Retail's fashion-lifestyle store AZORTE to take on Zara, Mango

The company plans to ramp up the store presence across key markets over the coming months

Reliance Retail's fashion-lifestyle store AZORTE to take on Zara, Mango
Updated On : 29 Sep 2022 | 11:21 PM IST

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

Reliance Retail launches lifestyle departmental store format Centro
Updated On : 27 Sep 2022 | 6:54 PM IST

Vivo plans to increase exclusive stores to over 650 in India this year

Smartphone maker Vivo India on Tuesday said that it plans to increase exclusive store in India to over 650 by end of this year. The company at present has over 600 exclusive stores and more than 20 experience centres in the country. "The mainline retail channel has always been an essential part of our go-to-market strategy and we would continue to invest in this channel. By the end of this year, we aim to take the total number of Vivo exclusive stores to more than 650 in the country," Vivo India Brand Strategy Head Yogendra Sriramula said in a statement. Vivo has opened its first experience centre in Gurgaon which was inaugurated by Haryana's home minister Anil Vij, the company said. It is the first Vivo flagship store in the Delhi-NCR to combine product experience, sales and a service centre. "With the launch of this experiential centre, we aim to offer distinct customer experience in the retail space. Customer will be able to experience complete range of Vivo products and ...

Vivo plans to increase exclusive stores to over 650 in India this year
Updated On : 06 Sep 2022 | 10:51 PM IST

Triumph International India launches 1st exclusive retail store in Pune

Triumph International India, one of the world's leading intimate apparel brands, inaugurated its first exclusive standalone retail store in Pune at Phoenix Marketcity, Viman Nagar.

Triumph International India launches 1st exclusive retail store in Pune
Updated On : 09 Aug 2022 | 1:07 PM IST

Ather Energy to set up 8 more retail stores in Kerala to expand presence

The company said it has also been talking to prospective retail partners in these markets and has already begun locating spaces to set up its fast EV charging network -- Ather Grid

Ather Energy to set up 8 more retail stores in Kerala to expand presence
Updated On : 23 May 2022 | 6:07 PM IST

German retailer Metro looking to sell India operations for $1.75 bn: Report

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

German retailer Metro looking to sell India operations for $1.75 bn: Report
Updated On : 20 May 2022 | 12:14 PM IST

Mobile retailers' body to seek govt intervention on e-commerce onslaught

A leading mobile retailers' body has claimed that unethical and monopolistic business practices of online sales platforms are jeopardising' the future of 150,000 brick and mortar smartphone retailers

Mobile retailers' body to seek govt intervention on e-commerce onslaught
Updated On : 15 Apr 2022 | 6:22 PM IST