Page 5 - Retail

Regulator allows insurance firms 'use & file' procedure for agri products

Companies can introduce a product in the market and then file with the Insurance Regulatory and Development Authority of India (Irdai) for approval

US Fashion brand Gap returns to India, signs deal with Reliance Retail

Reliance Retail will be the official retailer for Gap in India, mixing exclusive stores and digital commerce platforms.

Confident of delivering value on bid for Citi India deal: Axis Bank's Moghe

India's third-largest private lending is purchasing the retail business in a transaction worth Rs 12,235 crore

Udaan lays off about 180 employees in a move to drive cost-efficiency

The layoffs have happened at a time when Udaan is trying to turn into a publicly listed entity in 18-24 months

Amazon Retail India enters Gujarat, to source directly from farmers

The e-commerce major said the aim is to empower the farmers of Gujarat and offer high-quality fruits and vegetables to its customers

Retail businesses grow 24% in May against pre-pandemic level: Report

The retail businesses across India witnessed a growth of 24% in May this year against the pre-pandemic level of the same month in 2019, according to industry body RAI

59% employees not happy at work, retail and e-comm unhappiest: Survey

Concept of workplace happiness stems from direct experiences of employees with their employer and their organisation.

Recovery tracker: Eid celebrations boosts retail and recreation visits

Traffic has increased in Mumbai and New Delhi

Recovery Tracker: Retail & recreation visits higher than pre-Covid days

Vehicle registrations dec­li­ned last week and remained below 2019 levels

Offers, discounts, impulse: How retailers use psychology to make you shop

Studies suggest that as much as 50% of all groceries are sold because of impulsiveness - and over 87% of shoppers make impulse buys.

Top headlines: HDFC-HDFC Bank mega merger, India's export boom explained

The Centre may increase the allotment of its shares in the IPO of LIC. More on that and other stories in our top headlines this morning.

MG Motor India reports 14.5% decline in retail sales at 4,721 units in Mar

MG Motor India reported a 14.5% decline in retail sales in March at 4,721 units, hit by supply chain constraints due to the new COVID-19 variant and the ongoing global semiconductor chip shortage.

A sigh of relief for vendors, others as Reliance takes over Future stores

Reliance has been making job offers to employees of these stores, which will ensure job continuity for nearly 30,000 employees of Future Group's retail network.

Tesco has moved from being service-led to engineering -based firm: CEO

UK-based retail giant is 'at the table with the leaders' in Indian business services industry, says Sumit Mitra.

ABFRL eyes over 10% of revenue from new age digital brands in 3-5 years

ABFRL will look at buying out a majority stake in D-2-C brands it will invest in as it has done in the past in its other investments.

Retail sales in Jan hurt by Covid curbs, at 91% of pre-pandemic level: RAI

South zone was the least impacted registering a 2 per cent decline, as compared to January 2019

What is sin tax? What is it imposed on?

Govts earn revenue by charging taxes. But, it also imposes a special tax to wean people off bad habits. It is called sin tax. Govts impose sin tax on alcohol and tobacco products

Google-backed Dotpe adds 55,000 merchants across country in past 20 days

Has not only managed triple-digit growth, but its retail merchants have clocked 139% spurt in orders; firm has already onboarded 7.5 million retailers across tier-1, 2 and 3 cities

Ola to set up India's largest dark store network for its quick commerce biz

In next six months, Ola Dash aims to expand its dark store network to 500 dark stores spread across 20 cities, making it the largest dark store network in India.

Offline retailers feel Omicron chill as Republic Day sale nears

Fewer trips to malls mean lower footfall and sales, resulting in higher piling of stock - and possibly higher discounts