Page 4 - Retail Industry

Retail inflation rises to 4.48% in Oct, reverses 4-month downward trend

4-month downward trend reversed; core inflation rises to 5.8%, substantiates FinMin fears

These goldsmith-techies use dynamic pricing to help businesses max revenues

Anshu Jalora and Vijeta Soni's firm Sciative uses AI, automation and big data to set movie ticket prices, and bus and airline fares, based on the demand curve for these services and products

RIL's big retail push: A dozen buys worth $4.2 billion in 2 years

In India, the digital e-commerce space is dominated by just Amazon and Flipkart who control over 60 per cent of market share.

Tata vs Reliance: A two-front battle -- renewable energy and retail

Their renewable energy and retail plans offer contrasting strategies; if they pan out, the consumer is the guaranteed winner

Mukesh Ambani's Reliance Retail second-fastest growing retailer in world

Billionaire Mukesh Ambani's Reliance Retail Ltd has been ranked second fastest growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte, down from top rank secured the previous years. It has been ranked 53rd in the list of Global Powers of Retailing, improvement from 56th earlier, according to the Deloitte report. The list is topped by US giant Walmart Inc, which retains its position as world's top retailer. Amazon.com Inc improved its position to rank second. Costco Wholesale Corporation of US slipped a rank to be placed third followed by Schwarz Group of Germany. The top 10 has seven US retailers and one from the UK (Tesco PLC at 10th position). Other US retailers in the top 10 include The Kroger Co (ranked 5th), Walgreens Boots Alliance, Inc (6th) and CVS Health Corporation (ranked 9th). Germany's Aldi Einkauf GmbH & Co. oHG and Aldi International Services GmbH & Co. oHG is placed at 8th position. Reliance Retail is the only Indian entry ..

We can't go back to last year: Retail associations urge Maharashtra govt

Cinema, retail, and shopping industries won't be able to bear another lockdown, industry associations said on Thursday

Dukaan simplifies inventory management with Magic Upload

With the new feature, inventory uploading time to reduce by 1/10th of original time for retailers, claims startup

Apollo Hospitals to step up pharmacy, retail biz, eyes Rs 10,000 cr revenue

Core hospital segment too is looking up on the back of rise in occupancies, footfalls

Aditya Birla Fashion and Retail posts Q3 net profit of Rs 58.55 crore

The firm on Monday reported a consolidated net profit of Rs 58.55 crore for the quarter ended December

Tech entrepreneur Atul Jalan to take his AI company Algonomy public in 2023

His firm Manthan Software and San Francisco-headquartered RichRelevance have completed their merger to form a new, rebranded AI firm Algonomy

Udaan raises $280 mn from existing, new investors, valuation crosses $3 bn

The additional financing exercise takes the overall funding raised by Udaan to date to $ 1.15 billion

Debenhams set to shut down without alternative offer, threaten 12,000 jobs

Debenhams said it had no choice but to start winding down the business, given the prolonged effects of the pandemic

Reliance Retail to Titan, retailers defy pandemic woes to add new stores

Top firms setting up outlets even as consumers remain cautious

Amazon notice to Future on RIL deal: India's raging retail war explained

Amazon has sent a legal notice to Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries

Majority of retailers expect festive season sales to fall by 25%: Report

The report further said 71 per cent of respondents were "considering cancelling or deferring orders due to reduced festive forecasts due to the reduction in the festive season forecasts".

Reliance offers Amazon $20-billion stake in retail arm: Report

The report comes a day after RIL announced that US private equity firm Silver Lake Partners would buy a 1.75 per cent stake in Reliance Retail for Rs 7,500 crore

Essential goods to fuel retail industry's growth in coming quarters: Report

Essential goods will fuel the Indian retail industry's growth in the coming quarters, with consumer expenditure continuing to remain focused on these items, particularly food and grocery

India Inc goes slow on increments; pay hikes for select profiles: Report

While salary growth may range from a marginally positive to stagnant or even negative, the increment for some of the "super-specialised" profiles can go beyond 15%

Investors must shun retail apparel stocks over negative operating leverage

To limit the impact on financials, companies have been looking at ways to cut costs by asking for a waiver, or lower rentals, for the duration of the lockdown

Budget to help revive consumer sentiments, local manufacturing: Retailers

While, Spykar Lifestyles CEO Sanjay Vakharia said that there are no "feel-good measures" in the Budget