Growth was powered by the direct-to-consumer (D2C) segment
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
Returning mobility and higher ticket purchases led by the pent-up demand will likely drive retail spending over the coming months, the company said
The growth will be primarily driven by the e-commerce retail market - expected to reach approximately $145 billion by FY26, with about 15 million daily shipments.
Institutional investments in Indian real estate rose 14 per cent annually to USD 2.6 billion during the January-June period, driven by higher inflow in office and retail segments, according to property consultant Colliers India. Office segment received investments of USD 1,276.8 million in January-June 2022, up 20 per cent from USD 1,068.1 million in the year-ago period, the consultant said in a statement. Institutional investments in retail real estate jumped to USD 491.8 million from USD 77.2 million during the period under review. The alternative assets (like data centre) rose 53 per cent to USD 369.8 million from USD 241 million. Mixed use developments saw USD 230.7 million of inflow in January-June 2022 as against nil in January-June 2021. However, institutional investments in industrial & logistics assets fell 77 per cent to USD 179.8 million from USD 774.9 million. Residential segment saw 45 per cent fall in fund inflow to USD 86.4 million in January-June 2022 from USD ...
Shoppers Stop is expected to rise 15 per cent, while Avenue Supermarts, may decline on breakdown of support.
Improving business sentiment has boosted the overall hiring demand which witnessed a 15 per cent year-on-year growth in April, led by banking, financial services and insurance sector
In January 2020, the company had set a target to facilitate export worth USD 10 billion by 2025
The roadmap is a part of Walmart's efforts to expand its sourcing from India to $10 billion a year by 2027.
FY22 saw the adverse effects of the pandemic until September 2021, followed by a turnaround in credit, especially to industry and retail, from October
FRL said it has missed the due date for repayment of Rs 5,322.32 cr to lenders on account of the ongoing litigations with e-commerce major Amazon and other related issues
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
American retail giant Walmart is not keen on opening direct-to-consumer physical stores in India
Shares of Future Supply Chain Solutions, Future Retail, Future Lifestyle Fashions, Future Consumer and Future Enterprises rose between 7% and 16%
Domestic brokerages are pulling all stops to cash in on the excitement around LIC's initial public offering (IPO).
The takeover of stores by Reliance signals Future's worsening financial situation as its retail assets sale remains blocked due to legal battles
Net revenue in Walmart's fourth-quarter showed a surprise 0.5% increase to $152.87 billion
ABFRL is top pick in the sector, followed by Shoppers Stop and V-Mart
After the rebound in November '21, LIC's growth in retail in December '21 slowed, and was materially lower than the private sector
Institutional share of trading turnover has been rising as markets fell from highs