Page 4 - Retailers

Retailers shrug off winter chill to see double-digit growth in yr-end sales

Footfalls have also witnessed an increase at both malls and retail outlets

Tension builds up between malls, retailers over proposed rental changes

Malls usually sign 9-year agreements with retailers with a rental hike of 15 per cent

Govt may offer low-cost credit to small retailers, ease rules: Officials

Neither of the officials provided details on how banks would be compensated for providing cheap loans

Reliance Retail net profit grows 36% in Q2; revenue up 44.5% YoY

Reliance Retail saw its (gross) revenue at Rs 64,920 crore, up 42.9 per cent year-on-year

Retailers, mall developers eye growth beyond metro cities, says report

Growing internet usage has whetted the appetite for quality products in these cities and has given a fillip to e-commerce too

Diversity in India Inc: Women got only 21 out of every 100 new jobs in FY22

This is the second of a four-part series examining diversity, equity and inclusion (DE&I) in corporate India. Part 2 looks at a decline in the representation of women in the workforce

Retailers likely to see strong revenue performance in July-Sept quarter

According to Dolat Capital earnings preview report, retail will be the highest ranked on revenue and earnings growth from its coverage

Relief for directors of retail firms as govt amends Legal Metrology rules

The government has pointed out that the changes are being made as part of the ease of doing business

Walmart on a drive to attract Indian sellers to its Canadian marketplace

The US retail giant operates more than 400 stores and is one of the largest online retailers and fastest growing marketplace platforms in Canada

Fintech firm udaanCapital says it enabled Rs 2,200 cr credit to retailers

Company says 'working capital availability in the country is huge as small businesses adopt digital payments

Organised food, grocery retailers' revenues to grow 20% YoY in FY23: Crisil

Also, despite heightened competition from quick commerce players, revenue of food and grocery retailers will be higher by 38% over FY20

Live commerce to virtual try on: Flipkart revamps app to woo customers

Introduces Image Search, Live Commerce, and Virtual try-ons for a better discovery experience for customers

Over 2 years after Covid outbreak, consumer firms see strong festival sales

The sentiment is robust even in the consumer durables segment

Existing players will join once penetration crosses single digits: ONDC CEO

In a Q&A, T Koshy, dwells on the network's national road map, challenges in onboarding small retailers, and the value proposition for customers

Avenue Supermarts to Bata India: Retailers are now hiring, but on contract

According to a TeamLease report for the quarter, the intent to hire in retail is higher in the June-September quarter than the April-June period

Lifestyle & grocery retailers reverse FY21 trend, hire over 180,000 people

The total number of employees in eight of the top retailers in India went up 57 per cent to 4,90,000 in FY22, with Reliance Retail hiring the most number of people at 1,61,000

Small retailers in Coimbatore start reaping benefits from ONDC pilot

The development comes in the backdrop of the small-scale implementation of ONDC over the last two months

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

Need to protect consumers, small retailers amid growth in e-commerce: Govt

Consumer Affairs Secretary Rohit Kumar Singh on Tuesday stressed that there should not be a situation of monopoly by large e-commerce players like Amazon and Flipkart

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