Retail

Fresh merchandise drives demand as retailers pare markdowns and shorten sale periods

Shoppers slowed their spending in June from May amid continuing economic uncertainty and fading benefits from generous government tax refunds. Retail sales rose 0.2 per cent in June, after being up a revised 1 per cent in May, according to the Commerce Department's report released on Thursday. Excluding business at gas stations, retail sales rose a robust 0.7 per cent. Business at clothing and accessories stores slipped 0.3 per cent, while online sales rose 1.9 per cent, fuelled by spending surrounding Amazon's Prime Day event, which was held from June 23 through June 26. Business at sporting goods, hobby, musical instrument and book stores was up 1.3 per cent, helped by spending around the World Cup. The data offers only a snapshot of consumer spending and doesn't include activities like travel and hotel stays. The lone services category restaurants registered a 0.1 per cent increase. The report comes as US inflation cooled last month as the cost of gas, clothes, and used cars

The data shows a rebound in the investor interest despite the global uncertainty

DMart operator's standalone revenue rose to Rs 18,343.49 crore in the June quarter; board to consider raising funds through debt securities on July 11

Aditya Birla Group's jewellery brand plans to expand its retail footprint to 200-250 stores while focusing on customer experience, assortment and brand building

The South India-based consumer durables retailer plans to raise ₹600 crore through a fresh issue and an offer for sale to fund an acquisition, repay debt and meet corporate needs

Tier-II & Tier-III consumers reshaping how brands think about space, expansion, store economics

Reliance Retail sees near-term demand pressures but remains bullish on organised retail growth, FMCG expansion and deeper rural penetration

Startup which builds tools and execution platform for active investors raised Series B in a round led by Accel with participation from Elevation Capital

AICPDF raises concerns over quick-commerce expansion, seeks review of Zepto IPO and safeguards for traditional FMCG distribution network

Brand Concepts launches Off-White in India, plans nationwide expansion and aims $10 million revenue in 24 months, tapping rising demand for luxury streetwear

India's MSMEs are reshaping retail through digital adoption, data-led decisions and e-commerce expansion, but unlocking their full potential will require stronger infrastructure, training, and ecosyst

Duroflex plans to add 150 stores over three years while strengthening its omni-channel strategy, aiming to drive growth through retail expansion and premium offerings

ServiceNow, which provides AI solutions to several top Indian companies, is looking to expand further in the country as it sees more sectors and centres joining the AI bandwagon. The US-based firm has partnered with top IT sector companies, such as TCS, Cognizant, LTIMindtree and Tech Mahindra, among others, and will look to have more such collaborations in the near future, according to a top company official. Speaking with PTI on the sidelines of the AI Impact Summit in the national capital, ServiceNow President, Chief Product Officer, and Chief Operating Officer Amit Zavery said, "If you look at BFSI (banking, financial, services and insurance), that's been a big growth area for AI now. Similarly, things around retail are big as well... And our public sector is starting to become another area where people are likely to use AI to improve how they operate their citizen services, and their organisations as well." The company also sees players in the manufacturing space picking up AI

Zivame is focusing on India's tier-2 and tier-3 cities for its next phase of growth, where demand is increasingly mirroring that of metro markets as social media accelerates adoption

Reliance Consumer Products has acquired Southern Health Foods of Tamil Nadu, owner of the Manna brand, to strengthen its foods and staples portfolio in the health foods segment

In this episode of Manager’s Mantra, Co-founder of Fynd, Sreeraman Mohan Girija shares insights on innovation, leadership, and what it takes to scale in the age of AI >

RBI Deputy Governor Swaminathan J has warned that unchecked risks from algorithms, data dependence, and emerging technologies could spread quickly through the financial system

Fada said vehicle sales surged after September 22 as GST 2.0 reforms took effect, with Navratri 2025 delivering record-high footfalls and festive purchases across all categories

India’s biggest discount brokerages — Groww, Zerodha, Angel One, and Upstox — are losing active investors at a record pace. Nearly 20 lakh clients have exited in just the first half of 2025.