Retail

Avenue Supermarts Q1 revenue up 15.1%; board to consider debt fundraising

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

Indriya-Aditya Birla Jewellery's golden run to top 3 begins with 81 stores

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

Consumer durables retailer Sathya Agencies gets Sebi nod for ₹600-cr IPO

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

Retail's rightsized moment comes with outsized bets on new consumers

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

RIL sees near-term demand to remain sensitive to macro conditions

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

Sahi secures $33 million as retail trading activity grows in India

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

Distributors' body writes to PM on Zepto's IPO, flags its impact on trade

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

Brand Concepts brings Off-White to India, targets $10 million in 5 years

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

The future of retail: How empowering small businesses can drive growth

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 150 new stores, sharpens omni-channel growth strategy

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

BFSI, retail have seen big AI adoption in India, says ServiceNow COO

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

Reliance-backed Zivame bets on small cities with 60-80 new stores: COO

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 acquires health foods maker Southern Health

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

How this Retail-tech company became Reliance-backed

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 flags algorithmic risks; Retail inflation hits 99 month low; Indian firms raise ₹5 47 trillion

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

Navratri drives record auto retail sales, overall up 5.2% in Sep: Fada

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

Retail exodus: Why millions of investors are leaving Groww, Zerodha, Angel One & Upstox?

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.

Patel Retail raises ₹43 crore from anchor investors ahead of IPO

Supermarket chain Patel Retail Ltd on Monday collected over Rs 43 crore from anchor investors, ahead of its initial public offering (IPO) opening for subscription. The investors participated in the anchor round included Chanakya Opportunities Fund, BNP Paribas Financial Markets, Maybank Securities, Beacon Stone Capital, Saint Capital Fund and Pine Oak Global Fund, according to a circular uploaded on BSE's website. As per circular, the company allotted 17.04 lakh equity shares to investors at Rs 255 apiece, aggregating the fund raising to Rs 43.46 crore. The company's IPO -- a mix of a fresh issue of 85.18 lakh shares and an offer for sale of 10.02 lakh shares of promoters -- will open for public subscription on August 19 and conclude on August 21. At the upper end of the price band, the company's public issue is expected to fetch Rs 242.76 crore. The company's shares will be available for subscription in the price band of Rs 237 to Rs 255 apiece. Proceeds from the fresh issuance w

Buy-buy AI: Why India's retailers are betting big on AI-powered growth

The concluding part of the series looks at how artificial intelligence is transforming every aisle with algorithms, from product discovery to logistics and marketing

Audi retail sales decline 14% in H1 2025 at 2,128 units amid weak demand

Luxury carmaker Audi on Tuesday said its half-yearly retail sales declined 63 per cent year-on-year to 2,128 units. The company sold 2,477 units in the January-June period of last year. The brand with the four rings is facing headwinds as slowing demand driven by price increases from a weakening exchange rate and heightened market uncertainty amid evolving geopolitical tensions continues to impact performance, Audi India said in a statement. However, the company remains confident in the growth of the Indian luxury car market in the forthcoming festive season, driven by growing customer aspirations, it added. "While H1 2025 presented unique market challenges, we have used this period to strengthen our foundation for sustainable growth," Audi India Head Balbir Singh Dhillon said. By prioritising a luxury-first approach and delivering exceptional customer experiences, the automaker continues to reinforce brand loyalty, he added. "We see growth potential in the luxury segment in th