Page 4 - Retail Sector

Shiprocket set to acquire 75% stake in customer data platform Wigzo Tech

E-commerce shipping firm Shiprocket on Friday said it has committed to acquire a 75 per cent stake in customer data platform (CDP) Wigzo Tech.

Retail-led credit growth faces headwinds: RBI's financial stability report

The first is an increase in delinquencies in the consumer finance portfolio.

These tech firms are taking the e-commerce battle to India's hinterlands

How social commerce firms are democratising e-retail by tapping community group buyers from tier-2 and smaller towns across India

Anand Rathi Wealth IPO subscribed 3 times on Day 2 on retail interest

The retail portion of the IPO has already been subscribed nearly 5 times

Here are four building blocks for a future-ready retail with technology

The share of e-commerce is expected to grow from 6% of the overall market in FY21 to almost 11% by FY26

Festivities, sporting events lift TV advertising volumes, up 11% in Oct

The volume of advertisements was also 23 per cent higher, compared with October 2019.

Americans ramped up retail spending a strong 1.7% last month

Solid hiring, strong pay raises, and healthy savings for many households are underpinning robust spending

Retail credit enquiries zoom 54% in February-October, shows data

Increased demand visible across consumption products

V-Mart Retail reports net loss of Rs 14.14 crore in September quarter

The comapany on Monday reported narrowing of net loss

IPO rush: Samvat 2078 set to break new records with mega issues

Bankers said the retail participation this year has been an encouraging sign, particularly in loss-making unicorns

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

Credit to retail, industry accelerates in August, slows in services sector

Loans for farming and allied activities continued to perform well, up 11.3% this August from 4.8% a year ago

'Interest for veterinary jobs, postings for food and retail sectors spike'

Overall hiring has touched pre-pandemic level

Arvind Fashions soars 10% on raising Rs 439 crore from marquee investors

With this fundraise, the company completes the capital requirement needed for growth and navigating any uncertainties

Banks recast loans worth Rs 35,000 crore under RBI's second scheme

Retail and loans to micro, small and medium enterprises have the largest share in the two schemes combined

Prices of essential commodities have risen in Assam in last 5 yrs: Minister

Retail prices of almost all essential food items have increased in Assam since 2016, with the rates for onion and mustard oil registering the highest spike

The point-of-sale machine: Clearly, there is a world beyond the swipe

The point-of-sale machine has evolved from a mere swiping facility to a tool used by merchants for inventory management, bookkeeping and more

Apparel companies likely to lag retail peers for the June quarter

Higher inventory may lead to discounting, dent profitability

Consumer-centric retail, telecom biz help RIL stay afloat amid Covid-19

The relatively young consumer-centric retail and telecom businesses have helped the conglomerate even as it seeks mega scale in renewable energy

Investors to look at EMs once Covid's worst is behind: Andrew Holland

Housing and retail sales in the US are already starting to fall, CEO Holland