Retail Stores

Hit hard by second wave, Shoppers Stop expects a recovery in Q2FY22

Footfalls drop below 5%, compared to the pre-COVID levels in Q1FY21. Company witnesses sales from e-commerce grow by three times in the last one year. Q4 results the best in FY21.

Apparel retailers step up store expansion to drive growth, market share

Companies such as Trent, Aditya Birla Fashion, TCNS Clothing and Page Industries have indicated accelerated store additions

Trent: Well positioned to navigate troubled waters

Investors with a very long term horizon can buy Trent on market corrections.

Apple closes all retail stores, except Greater China, until further notice

The iPhone maker had said on Saturday its stores would remain closed until March 27.

CaratLane to add 30 retail stores, double biz turnover in FY18

Jewellery portal CaratLane is planning to add 30 more retail stores and also eyeing to double its business turnover in the current fiscal.

Mother Dairy launches Aadhar-enabled payment system at booths

To promote cash less transactions, Mother Dairy Fruit & Vegetable Pvt Ltd today introduced Aadhar enabled payment system in more than 1,000 milk booths and 'Safal' retail stores.

Wildcraft Breaks into International Markets Starting with Middle-East & South-East Asian Markets

Wildcraft, the performance-driven head-to-toe outfitter, has launched operations in Middle-East and South East Asia as it sets out to grow its ...

99jewels.in Offers Certified Diamond Jewellery Directly from Manufacturer to Consumer with Prices Second to None

99jewels India is offering certified Diamond ...

WalMart paid millions of dollars in bribes in India: Report

In a major report, The Wall Street Journal said Wal-Mart's "suspected bribery" unearthed in India involves thousands of small payments to low-level local officials to help move goods through customs or obtain real-estate permits.

Intex launches 43-inch full HD LED TV at Rs 32,000 in India

The Intex LED 4300 FHD TV comes equipped with two built-in speakers producing balanced sound of 10W x 2 over a wide area. With its â€˜Power Save Facility,‘ the new Intex TV consumes less power and is eco-friendly.

CCI approves Aditya Birla-Jubilant Agri deal

In a tweet, CCI said it has approved "acquisition of four retail stores of Jubilant Agri and Consumer Products Ltd (JCAPL) in Bengaluru by Aditya Birla Retail".

Order book strong; to open 500 stores by year end: Eicher

Eicher Motors is also looking to expand its chain of retail stores selling biking gear. It has added new stores in Europe, Australia and Columbia, and will open an exclusive store in Dubai as well.

Amazon, eBay remove Confederate flags, Nazi items on sale

EBay specifically bans their sale while Amazon bans the sale of "products that promote or glorify hatred, violence, racial, sexual or religious intolerance or promote organizations with such views."

Nestle denies taking recall order from central, state FDAs

Nestle India, which has been at the receiving end with several state governments ordering tests to find out lead and monosodium glutamate (MSG) content in Maggi noodles, said it's "cooperating with the authorities".

Only 12 malls in Delhi-NCR running successfully: JLL India

In contrast, Mumbai has about 45 malls and out of which 10-15 are good performing malls.

IBM says to invest $3 bn in Internet of Things unit

The Armonk, New York-based technology company said its services will be based remotely in the cloud, and offer companies ways to make use of the new and multiplying sources of data such as building sensors, smartphones and home appliances to enhance their own products.

Thangamayil Jewellery sees Rs 1,500-1,600cr sales in FY14

Thangamayil's first quarter net profit declined 9 percent YoY, which LGY Kumar, GM - Finance, said was because of one-time loss in inventory due to fall in gold prices and expenses were also higher.

FIPB may take up 4 single brand retail proposals on Feb 13

The Foreign Investment Promotion Board (FIPB) is likely to take up four proposals of global brands, including Decathlon and Fossil Inc, worth over Rs 750 crore for setting up single-brand retail stores in India during its next meeting scheduled on February 13.

Need to study sourcing clause before opening stores: Tesco

The UK-based retail giant Tesco today said it is looking at opening retail stores in India but it would have to first study the "unusual" sourcing conditions for FDI in multi-brand segment before deciding on it.

SRS eyes revenue of Rs 3000cr for FY12, sees PAT at Rs 80cr

Diversified group SRS is planning to expand its four verticals such as cinema, food courts, retail stores and jewellery stores. Anil Jindal, chairman of SRS, in an interview to CNBC-TV18, spoke about the latest happenings in the company and gave his views on how the company is going to perform in the future.