Page 2 - Indian Retail Sector

Retail and MSME asset buying to drive ARC business in FY24: India Ratings

Expected credit loss model for banks; PCA for NBFCs levers to asset sale

Top 11 listed entities in Retail and QSRs opened 12 stores a day in 2022

The report added that companies have ramped up store launches to take advantage of lower rent rates at key locations

Covid won't impact fast-growing retail sector in 2023, says EY's Angshuman

The wave of consolidation is likely to hit the shores of the country's fast-growing retail industry next year also as larger players seek to strengthen their footprints, leverage technologies to improve efficiency and expand beyond metros. While the growth prospects are promising, the industry is entering 2023 with "cautious optimism" amid inflationary headwinds and concerns over spurt in coronavirus cases in different parts of the world. After learning the lessons from the pandemic-induced disruptions, the retail players will continue with their multi-channel approach and marketplaces such as B2B (Business to Business) commerce and D2C (Direct to Consumer), and also focus on diversifying their supply sources. Consultancy EY's India Leader - Consumer Products & Retail Angshuman Bhattacharya said India seems to be skipping the modern trade wave, with two of the large modern trade chains adopting a path of B2B commerce and kirana integration, with an ambition to create a ...

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

Transactions in Indian retail sector up 160% in H1 of CY2022: CBRE study

Pent-up demand from customers post-pandemic for immersive engagement and convenient in-store experiences has driven productivity at retail spaces, says report

Retail sector reports healthy over pre-pandemic level growth: RAI

Retail businesses across India continued to post healthy growth over pre-pandemic levels, registering an 18 per cent rise in July sales compared to the same month in 2019, Retailers Association of India said on Wednesday. As per the latest business survey by Retailers Association of India (RAI), the East India region saw the highest year-on-year growth of 25 per cent last month, followed by the south at 21 per cent, north at 16 per cent and west at 10 per cent. In terms of categories, sports goods clocked the highest growth rate with a 32 per cent increase over July 2019, followed by footwear and furniture & furnishing at 23 per cent each. Apparel and clothing registered a 22 per cent rise, while quick service restaurants, consumer durables and electronics footwear posted a growth of 17 per cent, according to the survey. The jewellery category grew by 15 per cent in July this year compared to the same month in 2019, while food and grocery rose 11 per cent. Beauty, wellness and ...

75th Independence Day: Retailers look to end season sales on a high

Some offering discounts up to 75%, keeping up with the 75th Independence Day theme

Despite biting inflation, analysts bullish on retail stocks for long haul

Analysts believe that the Indian retail sector is on the 'cusp of accelerated earnings growth' as consumer sentiment, and discretionary purchases bounce back from Covid-19 pandemic

Amazon's battle with Reliance for India retail supremacy: 5 things to know

Amazon and Future agreed to out-of-court settlement discussions this month, but the two sides told India's Supreme Court on March 15 they had failed to resolve the matter

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

Scaling down ops to cut losses, says FRL as Reliance takes over its stores

Future Retail on Saturday said long-stop date for deal with Reliance has been extended to September 30, 2022

2021 retail investing boom has lessons

Covid-19 did what innumerable seminars on investor education could not do for over two and a half decades.

Reliance Retail sales up 10.5% to Rs 45,460 crore in September quarter

The net profit for the quarter of Reliance Retail was Rs 1,695 crore - higher by 74.2 per cent year-on-year

Shoppers Stop surges 20% on strong operational performance in Q2

The company said it witnessed a strong recovery in demand after the second wave across the formats, with sales moving swiftly close to pre-pandemic levels in August and September

Retail sales near pre-Covid levels with 96% recovery: RAI

Category wise, consumer durables and electronics; food and groceries and quick service restaurants (QSR) have fully recovered and are indicating double digit growth on pre-pandemic levels

North, south markets lead India's retail recovery, says survey

After a massive disruption during the second wave of Covid-19, retail activities in the country have started recovering steadily

Recovery tracker: Traffic up, workplace visits peak since national lockdown

Power generation and freight growth slow down

Flipkart Wholesale helps 600 brands from small cities expand across India

The firm is playing a key role in the success of many local and small brands by helping bridge the gap between them and Kiranas and retailers that sell to the masses.

Retail sales touch 72 pc of pre-pandemic levels in July: RAI

Retail sales across the country continued to recover in July

Recovery tracker: Retail, recreation visits hit pre-lockdown levels

Power generation also registers a surge; 20% higher than in 2019