Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Japanese retail brand MINISO has completed one year of operation in India and achieved its annual target of Rs 700 crore revenue for 2017-18. The brand, which was launched in August 2017, at present operates 26 stores in India – 21 in Delhi/NCR, three in…
Retail giant Walmart-owned leading e-tailer Flipkart on Wednesday unveiled a dedicated portal ‘2GUD’ for refurbished goods, including mobile phones, laptops and tablets, a week after shutting its eBay India operations. “The independent platform ‘2GUD’ aims to…
In a move aimed at getting the next 200 million online shoppers to its platform, e-commerce major Flipkart has acquired Liv.ai, an artificial intelligence-led speech recognition startup. The company, however, did not disclose the deal amount. Post the…
Online restaurant guide and food ordering firm Zomato on Wednesday said it has expanded its ordering and food delivery services to Vijayawada, Madurai, and Cuttack as part of its expansion plans. With this launch, Zomato’s online ordering services are now…
Fabelle was launched in April 2016 with it first boutique in Bengaluru India at ITC Gardenia. In the subsequent 12 months the brand scaled up to all major ITC Hotels in 6 metros. Bengaluru was followed by Kolkata, Delhi, Mumbai and so on. The brand has just…
Gelatissimo, Australia’s largest franchised gelato chain, will open stores in India and Bangladesh next month. The openings mark the privately owned company’s latest international expansion, joining franchises in Southeast Asia and the Middle East.…
Coca-Cola India, a leading beverage company that offers a range of beverage choices to consumers, announced changes to its leadership structure. The new structure is designed to enable the India and South West Asia business to be a growth engine for The…
PepsiCo, Inc. and SodaStream International Ltd. announced that they have entered into an agreement under which PepsiCo has agreed to acquire all outstanding shares of SodaStream for US $144.00 per share in cash, which represents a 32 percent premium to the…
Tekka Place, an upcoming integrated development at 2 Serangoon Road, is poised to deliver a fresh and unique retail and lifestyle experience, aimed at adding vibrancy to the Little India heritage district. Named for its location straddling the fringes of…
Rice export prices in India fell this week as the rupee weakened, weighing on demand for the Vietnamese variety. Rates for India’s 5 percent broken parboiled rice fell by $3 per tonne to $389-$393 per tonne this week. “Rupee depreciation is allowing us to…
The Kenny Rogers Roasters and Jollibean food retail brands are to launch in India. Malaysia’s Berjaya Food has signed a preliminary franchise partnership deal with India’s World Iconic Brands Hospitality (WIB) to take the banners into the new market. WIB will…
Samrat Reddy, Founder and Managing Director of Drunken Monkey grew up in Chennai where he was a frequent visitor to a local juice and smoothie shop in the neighborhood. Not an avid consumer of tea/ coffee, he gravitated towards smoothies. During his stay in…
AstorMueller, global maker of Bugatti shoes, has appointed Iconic Fashion Retailing as exclusive India retail partner. Bugatti is one of the leading premium shoe brands in Europe, with over 4.5 million pairs sold annually, all designed and crafted by…
IKEA, the furniture retailer which bets big on sustainability, has opened its first store in Hyderabad on August 09. The Swedish home furnishing major has been sourcing from India for its global stores for more than 30 years. Its plan to open retail stores in…
The US-based world’s largest e-tailer Amazon invested an additional US $400 million (Rs 2,700 crore) in two of its Indian subsidiaries, said business intelligence platform Paper.vc on Monday. “Our tally of Amazon’s total investment in its Indian subsidiaries,…
Walking through the sprawling, newly-opened IKEA store here needs energy and the company is making sure that customers get to recharge at its trademark restaurant. The 1,000-seater restaurant is the biggest among the Swedish home furnishings retailer’s global…
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