Page 8 - Retail Sector

Sowkea Agro eyes to clock Rs 200 cr revenues; to strengthen retail sector

Sowkea Agro and Retail Concepts has planned to introduce retail sales of fresh coconut milk, cold-pressed juices, palm-nectar, as part of its vision of reaching a turnover of Rs 200 crore

Safe & comfortable: High street scores higher with shoppers than malls

Footfall at 60-70% of last year's level; at malls, it is much less, but improving

FMCGs, retailers continue to forge direct consumer link as lockdown eases

Retailers continue to innovate on last-mile delivery; FMCGs focus on digital channel

Reliance Retail vs DMart: Why UBS thinks RIL may emerge as the winner

ADIA joins the league of Silver Lake, KKR, General Atlantic, Mubadala Investment Company, GIC, and TPG who have cumulatively invested Rs 37,710 crore in Reliance Retail for 8.48 per cent stake

Alibaba Group Holding to buy up to 10% stake in duty-free retailer Dufry

Dufry employs about 31,000 people and said in June it plans to reduce personnel expenses by 20% to 35% as revenue plummets.

Launch of more products, retail participation to scale up GIFT IFSC: Ray

A bigger basket of financial service products and retail participation will help in making GIFT IFSC attractive for international players, GIFT City managing director Tapan Ray has said.

6 months after lockdown: Covid-19 impact on economy likely to be long-term

From when the lockdown was imposed on March 24, the number of Covid-19 cases has shot up from 500 to almost 5.6 mn

Covid-19 impact: Worst over, but auto, retail, real estate still ailing

These sectors account for nearly a fourth of India's GDP

Retail sector to see transformation due to AI-led tech disruptions: Report

The unorganised segment has dominated the Indian retail sector and in 2019, the segment commanded as much as 85 per cent of the market, show-casing the significant potential for digitalisation

Analysts positive on retail sector post Reliance Retail-Silver Lake deal

With RIL's retail arm, Reliance Retail, sealing its first stake sale deal with Silver Lake, analysts see the sector consolidating yet growing going forward

Reliance Industries taps Facebook, KKR for investment in retail biz

Silver Lake Partners reportedly eyeing stake worth $1 billion in Reliance Retail

Covid-19 pandemic pushes up average retail order size by over 50%

Retail realty sector that was seeing a steady fall in inventory is again staring at a spike in vacancy rate, a report by Anarock & Retailers Association of India shows

Acquisition of Future Group to strengthen RIL's retail footprint: Moody's

Last week, RIL announced that it will acquire Future Enterprise Limited's consumer business for a purchase consideration of around Rs 24,713 cr

Ambani-Biyani deal: RIL spreads wings to become a dominant player in retail

Gets scale, massive presence, higher valuation of its retail business, and inherits the entire logistics and distribution chain

JioMart sees order flow at four times of pre-lockdown period for kiranas

Robust omni-channel network in the offing, says Reliance Retail's FY20 annual report

Apparel retail sector may witness 45% fall in revenues this fiscal: Report

The apparel retail sector is likely to witness a 40-45 per cent decline in revenues during 2020-21, and a demand recovery is expected in the festive season this year if Covid-19-related fears subside

Retail visits show a pickup, and other weekly economic indicator insights

Traffic data also showing positive signs

RIL's pre-tax profit dips 40% as Covid-19 hits energy, retail businesses

Net profit surges 31%, boosted by exceptional gain of Rs 4,966 crore from BP transaction

Europe's retail sector sees major shift as shoppers buy local due to Covid

Half of Britons in a YouGov survey of 1,032 people said they would now feel uncomfortable visiting an enclosed retail space like a shopping mall

Retail trade suffered Rs 15.5 trillion business loss due to Covid-19: CAIT

CAIT Secretary General Praveen Khandelwal said the domestic trade is passing through its worst period in the current century