Festive Season Shopping

Sweet, sleek, sustainable: India Inc's Diwali gifts get thoughtful

From sweet offerings such as biscoff Mathura peda or medjoul dates to utilitarian choices like handcrafted brass articles or multipurpose travel kits, this year's hampers are unconventional

From FMCG to jewellery, GST rate cuts lift festival spending mood

Consumers held back purchases as they waited for new GST rates

Festive retail growth down by half, Nomura notes strong online demand

While retail sales, both online and offline, saw some increase during the festive season, the overall growth was slower compared to prior years

Expect heavy discounts this festive season as companies clear excess stock

India's festive season, which stretches from Onam to Diwali and includes Navratri, Durga Puja, and Dussehra, is the country's largest consumption period, contributing to 20-30% of annual sales

Festive season sale 2023 order volume grows 37%, GMV 22%: Unicommerce

Festive season sale order volume grew by 37 per cent year-on-year mainly due to discounts on online platforms and robust advertisement campaigns, logistics software-as-a-service firm Unicommerce said on Thursday. According to the data released by the company, the gross merchandise value (GMV) also saw an increase of 22 per cent during the same festive period. "The analysis of orders processed through Unicommerce's platform reveals that e-commerce order volumes grew handsomely this festive season, increasing by approximately 37 per cent during the festive season sale of 2023 as compared to the festive sale period in 2022," Unicommerce said in a statement. The company found that the fashion and accessories segment along with beauty and personal care, emerged as the two most prominent categories in terms of order volumes and displayed consistent growth in both volume and GMV during the festive month. Categories like FMCG and home decor have emerged as strong ecommerce contenders which

40% consumers plan to shop from D2C merchants this festive season: Report

To gauge consumer sentiment during the festive season, Simpl conducted a survey to get insights about consumers' festive purchase plans

Planning festival-season shopping binge? Know how no-cost EMI and BNPL work

Experts advise close examination of no-cost EMI offers to uncover any concealed fees or charges

Apple announces festival season offers on iPhones, Macs, and more: Details

Apple is offering up to Rs 10,000 instant savings, trade-in deals, and no-interest EMI on select products on its online store and retail outlets in Mumbai and Delhi

Festival season spurs online shopping spree, e-commerce cos hopeful

"I don't have time even for lunch as there are so many packets to be delivered," said Ajay Singh, a delivery boy at a Flipkart delivery centre in a busy market in New Delhi

Festive demand surge expected to create 50,000 temp jobs in coming months

BFSI sector prepares for increased hiring amidst rising consumer spending; 15% jump in open anticipated positions compared to last year

Festival season propels demand for third-party logistics players

Further penetration into smaller cities will only add to this dependence on third-party delivery partners

Nykaa posts surge of 4.5% in Q2 profit on strong festive season demand

Nykaa's gross merchandise value, or the monetary value of orders across its platforms, jumped 45% to 23.46 billion rupees

SoftBank-backed Meesho records nearly 68% jump in festival sales

Customers placed a record of about 33.4 million orders during the mega sale with nearly 60 per cent of all orders coming from tier 4+ cities.

Nearly 65% households plan to spend during this festive season: Survey

A new survey has revealed that nearly 65 per cent households across the country plan to spend during the current festive season, while 35 per cent will refrain from doing so

Myntra creates 16,000 jobs to cater to surge in festive season demand

The ramp-up includes the addition of over 6,300 personnel to fulfil demand across first- and mid-mile delivery and 3,000 personnel to cater to last-mile delivery

Ahead of festive season, credit offtake remains strong in July 2022

Reserve Bank of India (RBI) data showed that credit to industry grew 10.5 per cent in July 2022 against a mere 0.4 per cent in July 2021

SoftBank-backed Meesho adds 8 Indian languages to tap more users

Social commerce platform seeks to widen reach during festival season in the country

Amazon expands partnership with Railways for deliveries in festive season

National transporter enables company to meet delivery promises to customers in the hinterlands

Kejriwal announces India's biggest shopping festival in Delhi from Jan 28

Kejriwal said that the biggest shopping festival will boost the city's economy and help the local businessman

HDFC Bank offers 50% off on loan processing fee; cashback on Apple products

The bank will offer 50 per cent off on the processing fees of auto loans, personal loans, and business growth loans and zero processing fee on two-wheeler loans