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Retail

Diwali Sales Target: Rs 4.25 Lakh Crore

Diwali Sales Target: Rs 4.25 Lakh Crore

Mon, Oct 28, 2024

As Diwali approaches, India is projected to reach Rs 4.25 lakh crore in festive sales, driven by strong consumer demand. Amid this surge, there is a growing movement to boycott Chinese goods, with consumers opting for locally made products. This trend reflects a shift in purchasing preferences and aims to support domestic industries during the festive season.

Global market : Apple soars to record highs with New AI Product Launch

Global market : Apple soars to record highs with New AI Product Launch

Wed, Jun 12, 2024

Soft signals were received from global markets, Dow Jones slipped 120 points amid trading in the range of 350 points, the record making process continued on S&P 500 and Nasdaq. Action in Nasdaq due to 7.25% jump in Apple, focus will be on the signal of interest rate cut in September. CPI figures for May will also be released today, Retail inflation is expected to remain stable at 3.4%, European markets will fall by 1%, Crude oil is strong, almost at the high of 2 weeks, Brent Crude crosses $82.

SBC Exports bags order from Directorate of Vocational Education & Training

SBC Exports bags order from Directorate of Vocational Education & Training

Wed, May 29, 2024

In a strategic move to enhance accessibility and engage directly with consumers, the company will be establishing a network of flagship retail stores in key markets worldwide.

TRENDING NOW

Online shoppers from Tier II, III cities grew three times faster than metros: Report

Online shoppers from Tier II, III cities grew three times faster than metros: Report

Wed, Jan 17, 2018

Growth in number of unique shoppers from 2016 to 2017 in Tier II+ cities registered an advance of 34%.

What India’s retail sector wants from Budget FY19

What India’s retail sector wants from Budget FY19

Wed, Jan 17, 2018

Along with affordability, retailers look forward to further relaxation to norms to help in ‘ease of doing business’.

Santa comes early to these retail malls, e-commerce sites; offers up to 90% off

Santa comes early to these retail malls, e-commerce sites; offers up to 90% off

Sun, Dec 24, 2017

Key Highlights:

India to enter top 10 global duty-free markets by 2025

India to enter top 10 global duty-free markets by 2025

Tue, Nov 21, 2017

The duty-free market in India has been estimated to grow the fastest over the next couple years and is estimated to break into the global duty-free market as well.

India’s brick and mortar retail to get a boost with 34 new malls by 2020

India’s brick and mortar retail to get a boost with 34 new malls by 2020

Mon, Oct 16, 2017

Restoring their faith in brick and mortar retail, analysts from consultancy firm have estimated 34 new malls entering eight cities in India in three years.

Avenue Supermarts Q2 net profit up 65.2% to Rs 191 crore

Avenue Supermarts Q2 net profit up 65.2% to Rs 191 crore

Sat, Oct 14, 2017

Avenue Supermarts, which owns and operates retail chain DMart reported a net profit for the July-September quarter of Rs 191 crore, registering a year-on-year increase of 65.2 per cent.

This Diwali offline smartphone sales hit as e-commerce sites dole out discounts

This Diwali offline smartphone sales hit as e-commerce sites dole out discounts

Wed, Oct 11, 2017

Festive season buzz has failed to light up sales revenues of offline retailers on the back of lower smartphone demands.

Matrimony.com shares fall at listing

Matrimony.com shares fall at listing

Thu, Sep 21, 2017

The company has touched a 52-week high of Rs 1024 per piece and low of Rs 949.10 per piece on stock exchanges.

UK arbitration court to Bakshi: Sell CPRL stake to McDonald's

UK arbitration court to Bakshi: Sell CPRL stake to McDonald's

Thu, Sep 14, 2017

In its 2:1 majority award, the arbitration panel has asked Bakshi to transfer his 1,45,600 shares in the 50:50 joint venture Connaught Plaza Restaurant Ltd (CPRL) to McDonald's India at a fair valuation in accordance with their JV agreement, they said.

Big Bazaar "Maha Bachat" offer to end on August 16, this is what it is

Big Bazaar "Maha Bachat" offer to end on August 16, this is what it is

Sun, Aug 13, 2017

Big Bazaar "Maha Bachat" sale opened on August 12 and five-day long sale will end on August 16. Customers will get discounts on various range of products like food, home appliances, personal care and fashion.

'Retailers, consumer goods cos may unlock $2.95 trillion in 10 years'

'Retailers, consumer goods cos may unlock $2.95 trillion in 10 years'

Fri, Aug 04, 2017

Retailers and consumer goods companies could unlock USD 2.95 trillion in value for the industry and consumers over the next decade by accelerating digital transformation, says a report by Accenture Strategy.

Avenue Supermarts shares touch 52-week high giving 222% return in four months

Avenue Supermarts shares touch 52-week high giving 222% return in four months

Mon, Jul 24, 2017

Avenue Supermarts, which owns DMart retail chain, posted a net profit of Rs 174.77 crore in Q1, a rise of 47.55% compared to Rs 118.44 crore in the corresponding period of the previous year.

After Amazon now Paytm Mall in talks to invest in BigBasket

After Amazon now Paytm Mall in talks to invest in BigBasket

Tue, Jul 11, 2017

McDonald's shuts 43 outlets in Delhi over licence expiry

McDonald's shuts 43 outlets in Delhi over licence expiry

Thu, Jun 29, 2017

In a setback to the US-based fast food chain McDonald's, 43 of the total 55 outlets in the national capital here have been shut on failure to renew eating house licences by its North and East India licencee Connaught Plaza Restaurants Pvt Ltd (CPRL).

Online retail revenues in India to grow to $60 billion in 2017: Report

Online retail revenues in India to grow to $60 billion in 2017: Report

Fri, Jun 16, 2017

Retailers today need to be omnipresent as a large portion of buyers today begin their journey in the buying process online and may end up buying offline or vice versa.

Hiring intentions weak in manufacturing, services; employer confidence dips

Hiring intentions weak in manufacturing, services; employer confidence dips

Tue, Jun 13, 2017

A survey conducted by ManpowerGroup revealed that Indian employers expect hiring to remain steady in July-September time frame however employer confidence has been its lowest since 2005.

Spicejet forays into e-commerce retail venture with Spicestyle

Spicejet forays into e-commerce retail venture with Spicestyle

Tue, Jun 13, 2017

Target slashes CEO pay package after bleak year

Target slashes CEO pay package after bleak year

Tue, May 02, 2017

As per Target`s short-term incentive plan, Cornell`s compensation was based on the performance of two financial metrics: incentive EBIT, which makes up 75 percent of Cornell`s stock component, and the rest on adjusted sales.

Avenue Supermart gave return of 167% from its issue price

Avenue Supermart gave return of 167% from its issue price

Mon, Apr 10, 2017

Avenue Supermart (parent company of D-Mart) on its listing day had attracted bids for nearly 106 times as against its initial public offering (IPO).

Shankara Building Products IPO: should you subscribe?

Shankara Building Products IPO: should you subscribe?

Wed, Mar 22, 2017

Amarjeet S Maurya, analyst, Angel Broking said, “At the upper end of the price band, the pre issue P/E multiple works out to be 18.2x of its annualized 9MFY17 numbers. On EV/Sales, the issue is valued at 0.6x of annualized 9MFY17 numbers. Considering its long term prospects and reasonable valuation, we recommend Subscribe rating on this issue.”

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