Page 3 - Retail

Google-backed Dotpe adds 55,000 merchants across country in past 20 days

Has not only managed triple-digit growth, but its retail merchants have clocked 139% spurt in orders; firm has already onboarded 7.5 million retailers across tier-1, 2 and 3 cities

Ola to set up India's largest dark store network for its quick commerce biz

In next six months, Ola Dash aims to expand its dark store network to 500 dark stores spread across 20 cities, making it the largest dark store network in India.

Offline retailers feel Omicron chill as Republic Day sale nears

Fewer trips to malls mean lower footfall and sales, resulting in higher piling of stock - and possibly higher discounts

The devil in retail: Consumer financing may attract closer scrutiny by RBI

The consumer financing business is showing signs of heightened stress

Westons sell iconic Selfridges chain to Thai-Austrian Group

Central and Signa will own the chain in a 50-50 partnership, according to a statement late Thursday London time.

Domestic retail sales in November up 9% over pre-pandemic levels: RAI

Retail sales in India in November grew by 9 per cent over the pre-pandemic levels of the same month in November 2019 signaling improvement in business albeit worries around Omicron variant

How does Ikea's Peter Betzel plan to expand and invest in India?

In an interview with Business Standard's Sharleen D'Souza, Peter Betzel, chief executive officer and chief sustainability officer of Ikea India, shares the company's expansion and investment plans

FabIndia seeking $500 mn in IPO at $2-bn valuation: Report

Its backers include PremjiInvest, the family office of Azim Premji

US retail stocks slide on Black Friday as new virus worries arise

Little is known of the variant, detected in South Africa, Botswana and Hong Kong, but scientists say it has an unusual combination of mutations

Here are four building blocks for a future-ready retail with technology

The share of e-commerce is expected to grow from 6% of the overall market in FY21 to almost 11% by FY26

Future Retail's losses widen in Q2 as expenses rise

The retailer's revenue was up by 66.3 per cent in the quarter at Rs. 2,369 crore

Credit growth gets festival boost in Sept led by retail, industry, agri

Growth in credit to the services sector decelerated to 0.8 per cent in September 2021 from 9.2 per cent in September 2020

Think everything's expensive now? Get ready for what's next

Companies are facing a dire mix of supply-chain challenges, as well as higher costs for energy, raw materials, packaging and shipping

Festive cheer eludes Durga Puja with corp sponsorship below pre-Covid level

According to Forum for Durgotsab, an umbrella outfit representing 400 pujas and four other clubs, compared to 2020, sponsorship is up 30-40% and compared to 2019, it's down by 20-25%

Kitchenware brand Tupperware to set up 1,000 retail stores in 5 yrs

Tupperware has drawn up aggressive expansion plans, including setting up of 1,000 retail stores across the country over the next five years, besides tapping sales through digital platform.

Cloud and ERP player Gofrugal to build presence tier-2 cities, rural market

Sees huge talent pool in this market, along with large base of aspirational businessmen who may want its digital support

Recovery tracker: Slower growth in rail freight, power generation

Some indicators are lower than their peak in August

Agri, retail, MSME credit growth speeds up in July, shows uptick in economy

Retail loans clocked a growth of 11.2 per cent in July 2021 as compared to 9.0 per cent a year ago

More Group to pump in Rs 370 crore in retail foray by FY23

The company has 75 retail shops in several states in the country and is planning to add another 100 within the next fiscal and of them 10 will come up by March next year.

Retail biz will give us brand identity and recall: Infra.Market co-founder

Infra.Market's co-founder talks about the company's future plans, including retail ambitions, plans to look at the capital markets and more