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Category: India Retail News

Retailtainment, convenience to redefine India’s consumer retail story: Deloitte

Deloitte India has unveiled the 2021 edition of the report ‘Know your consumer – What you see is what you get’ at Retail Leadership Summit (RLS) organized by Retail Association of India (RAI), highlighting key trends that will drive a new wave of growth strategy in the retail consumer industry. Adoption of digital technologies has …

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CEO Special: V-Bazaar to open 7 more new stores in this financial year – CMD, Hemant Agarwal

The pandemic has been a once-in-a-lifetime test of business continuity planning for retail businesses across the globe. Even when things have stabilised to an extent and economies are gradually opening up, the industry is being confronted by a hard question – what’s next? With little to no revenue in sight for months, the sector turned …

CEO Special: V-Bazaar to open 7 more new stores in this financial year – CMD, Hemant AgarwalRead More

5 key factors to win in the Indian Luxury Market in 2021 & beyond

India is one of the fastest developing economies across the globe. As per the latest report by IMF, India is the only major economy of the world predicted to have a double-digit growth in 2021. Further, CEBR forecasts India to become the world’s third largest economy by 2030. Backed by economic development, internet penetration, policy …

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Zomato to bolster finances to remain competitive in online food delivery market: GlobalData

Following the news that Indian food delivery startup Zomato has raised US$250m in a fresh funding round; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “After the latest funding round, Zomato has emerged as the most-valued foodtech unicorn in India with a valuation of US$5.4bn. It testifies the …

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Phoenix Mills acquires 7.48 acres prime land in Kolkata for Rs 300 cr through subsidiary

Mindstone Mall Developers Pvt. Ltd., wholly owned subsidiary ofThe Phoenix Mills Limited (PML), has announced acquisition of approximately 7.48 acres of prime land in Alipore, Kolkata for a total consideration of Rs. 3,000 million. The land parcel is strategically located on Diamond Harbour Road, Alipore, Kolkata. The land parcel has development potential of approximately 1.00 …

Phoenix Mills acquires 7.48 acres prime land in Kolkata for Rs 300 cr through subsidiaryRead More

Beyond Meat (BYND) Q4 2020 earnings miss

Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Thursday reported a bigger-than-expected quarterly loss as the costs of global expansion and weak restaurant sales weighed on the business. The company separately …

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Best Buy is speeding changes to adapt to a post-pandemic consumer

An employee gives a thumbs up to a customer after loading a television for a curbside pickup order into a customer’s vehicle at a Best Buy Co. retail store on Black Friday in Hawthorne, California, November 27, 2020. Patrick T. Fallon | AFP | Getty Images Best Buy CEO Corie Barry said the pandemic has …

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Best Buy braces for rivals to slash prices as pandemic-fueled demand fades

Employees bring a television to Steve Steward’s car at a Best Buy store on Black Friday, traditionally one of the busiest shopping days of the year. Crowds are smaller this year due to the increasing popularity of on-line shopping amid concerns about the COVID-19 pandemic. Paul Hennessy | SOPA Images | LightRocket | Getty Images …

Best Buy braces for rivals to slash prices as pandemic-fueled demand fadesRead More

Cheap flowers have a high environmental cost | Ethical and green living

Frances Ryan (Cake and inner calm: 10 ways to improve your mood – without exercising, 23 February) shared a range of lovely mood-boosting tips for looking after your mental health – in particular for people who cannot exercise because of illness, injury or disability. The £3 bunch of roses to add to a supermarket delivery …

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McDonald’s chicken sandwich could boost Tyson Foods, Pilgrim’s Pride: Analyst

McDonald’s Crispy Chicken Sandwich and Deluxe Crispy Chicken Sandwich Source: McDonald’s McDonald’s new line of chicken sandwiches could lift all chicken suppliers, particularly Tyson Foods and Pilgrim’s Pride, said a Bank of America Securities report released Thursday. The fast-food giant launched its Crispy Chicken Sandwich nationwide on Wednesday, spurred on by increased competition with Chick-fil-A …

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