Page 6 - Retail

Think everything's expensive now? Get ready for what's next

Companies are facing a dire mix of supply-chain challenges, as well as higher costs for energy, raw materials, packaging and shipping

Festive cheer eludes Durga Puja with corp sponsorship below pre-Covid level

According to Forum for Durgotsab, an umbrella outfit representing 400 pujas and four other clubs, compared to 2020, sponsorship is up 30-40% and compared to 2019, it's down by 20-25%

Kitchenware brand Tupperware to set up 1,000 retail stores in 5 yrs

Tupperware has drawn up aggressive expansion plans, including setting up of 1,000 retail stores across the country over the next five years, besides tapping sales through digital platform.

Cloud and ERP player Gofrugal to build presence tier-2 cities, rural market

Sees huge talent pool in this market, along with large base of aspirational businessmen who may want its digital support

Recovery tracker: Slower growth in rail freight, power generation

Some indicators are lower than their peak in August

Agri, retail, MSME credit growth speeds up in July, shows uptick in economy

Retail loans clocked a growth of 11.2 per cent in July 2021 as compared to 9.0 per cent a year ago

More Group to pump in Rs 370 crore in retail foray by FY23

The company has 75 retail shops in several states in the country and is planning to add another 100 within the next fiscal and of them 10 will come up by March next year.

Retail biz will give us brand identity and recall: Infra.Market co-founder

Infra.Market's co-founder talks about the company's future plans, including retail ambitions, plans to look at the capital markets and more

Retail activity at 50% of pre-Covid levels in June despite unlocking

While key categories like personal care, jewellery, clothing and footwear continued to lag, grocery and quick service restaurants sectors recovered quickly

Consumption recovery this time could be swifter than FY21: Phoenix Mills MD

In a Q&A, Shishir Shrivastava says his firm should start hitting the consumption trajectory of FY20 within 30-40 days

Arzooo launches in-house logistics service Arzooo Express

Retail-tech startup Arzooo said it had launched an in-house logistics service that would manage the first-mile service to last-mile delivery of goods for its partner stores across the country

Govt prepares road map, identifies 8 sectors to ease compliance burden

Single-window clearance by mid-April

Great leaders will make good policy decisions in India: Walmart CEO

McMillon said that competition with Amazon, Reliance, and Paytm is good as it will improve services, bring down costs for consumers and give additional value to producers

Manufacturing, retail, auto hold highest potential of 5G adoption: Report

The report titled 'TMT Industry CEO Outlook: Smart. Secure. Sustainable' was launched at the ongoing India Mobile Congress 2020.

Home Depot to buy HD Supply Holdings in deal valued at $8 billion

Home Depot's smaller rival Lowe's Cos Inc last week said it was not in talks to buy HD Supply, denying a previous media report

Despite the dispute with Amazon, new 'future' awaits Kishore Biyani

Despite the dispute with Amazon, Future group and Reliance seem determined to execute their nearly Rs 25,000-cr transaction. What is Kishore Biyani left with?

Top headlines: Rs 1.45 trn to boost manufacturing; green shoots in retail

From government announcing new plan to boost domestic manufacturing to SpiceJet reporting loss in its September quarter, here atop headlines this morning

ArcelorMittal-Nippon JV launches brands in HR steel, rolled plate segments

Products will be sold via the firm's hypermarkets and will largely target users in the MSME space

Covid-19 to redefine focus towards organised retail and e-commerce

As in the case of all segments, Covid-19 has impacted real estate too; the Unlock 5.0 phase has accelerated the pace towards recovery, and it will not be long before the economy rebounds fully

Top headlines: Govt staff to get more pay, Tata chases e-commerce deals

From Tata eyeing stake in e-commerce firms to bolster retail segment to World Bank declaring Covid as a catastrophe, Business Standard Brings you top news of the evening