Page 5 - Retail Sector

Future Retail, Future Enterprises default on Rs 8,158-cr loan repayments

FRL said it has missed the due date for repayment of Rs 5,322.32 cr to lenders on account of the ongoing litigations with e-commerce major Amazon and other related issues

Retail business registers 10% growth in February this year, says RAI

Retail businesses across regions have indicated growth in February 2022, with sales in West India growing 16 per cent against the same month last year: RAI

Walmart not keen on retail stores in India; to focus on Flipkart, PhonePe

American retail giant Walmart is not keen on opening direct-to-consumer physical stores in India

Future Group firms' stock jumps as Reliance plans retail stores' takeover

Shares of Future Supply Chain Solutions, Future Retail, Future Lifestyle Fashions, Future Consumer and Future Enterprises rose between 7% and 16%

Street signs: Retail, HNIs pare bullish bets, cashing in on LIC IPO & more

Domestic brokerages are pulling all stops to cash in on the excitement around LIC's initial public offering (IPO).

Reliance to take over 200 Future stores' operations amid Amazon row: Report

The takeover of stores by Reliance signals Future's worsening financial situation as its retail assets sale remains blocked due to legal battles

Walmart forecasts profit above expectations as demand holds firm

Net revenue in Walmart's fourth-quarter showed a surprise 0.5% increase to $152.87 billion

Strong sales trend likely to sustain valuations of apparel retailers

ABFRL is top pick in the sector, followed by Shoppers Stop and V-Mart

LIC has consistently lost market share in retail segment, says brokerage

After the rebound in November '21, LIC's growth in retail in December '21 slowed, and was materially lower than the private sector

Retail investors take a step back on higher market volatility

Institutional share of trading turnover has been rising as markets fell from highs

Shiprocket set to acquire 75% stake in customer data platform Wigzo Tech

E-commerce shipping firm Shiprocket on Friday said it has committed to acquire a 75 per cent stake in customer data platform (CDP) Wigzo Tech.

Retail-led credit growth faces headwinds: RBI's financial stability report

The first is an increase in delinquencies in the consumer finance portfolio.

These tech firms are taking the e-commerce battle to India's hinterlands

How social commerce firms are democratising e-retail by tapping community group buyers from tier-2 and smaller towns across India

Anand Rathi Wealth IPO subscribed 3 times on Day 2 on retail interest

The retail portion of the IPO has already been subscribed nearly 5 times

Here are four building blocks for a future-ready retail with technology

The share of e-commerce is expected to grow from 6% of the overall market in FY21 to almost 11% by FY26

Festivities, sporting events lift TV advertising volumes, up 11% in Oct

The volume of advertisements was also 23 per cent higher, compared with October 2019.

Americans ramped up retail spending a strong 1.7% last month

Solid hiring, strong pay raises, and healthy savings for many households are underpinning robust spending

Retail credit enquiries zoom 54% in February-October, shows data

Increased demand visible across consumption products

V-Mart Retail reports net loss of Rs 14.14 crore in September quarter

The comapany on Monday reported narrowing of net loss

IPO rush: Samvat 2078 set to break new records with mega issues

Bankers said the retail participation this year has been an encouraging sign, particularly in loss-making unicorns