Retail India News: DS Group’s Confectionery Arm Hits Rs 1,000 cr in Annual Sales
Dharampal Satyapal Foods Ltd. (DSFL), the confectionery division of DS Group, has achieved a notable milestone by surpassing Rs 1,000 crore in annual…
ITC to Invest $2 bn under 'ITC Next' Strategy
Business conglomerate ITC is planning to invest around $2 billion as part of its ‘ITC Next’ strategy, under which it will explore opportunities to…
Walmart India to add 1,000 employees to strengthen its tech operations
Walmart has planned to rope in 1,000 more people to strengthen its technology operations in India, as the world’s largest retail firm continues to…
Swiggy seeks investors attention to raise up to $500 mn Fund
Online food delivery platform Swiggy is seeking attention from existing and new investors to raise funds at a valuation of $2.3-2.5 billion, as it…
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Paytm has 'New Retail'model for shopkeepers
One97 Communications owned Digital payments company Paytm has planned to launch a “New Retail” model to make shopkeepers technology enabled,…
DLF Brands to close down women’s accessories brand Claire’s In India
DLF Brands operated store network of US women’s accessories brand Claire's has announced to shut its stores across India amid trouble at the…
Retailers Carrefour and Tesco join forces in a strategic alliance
French supermarket retailer Carrefour and British peer Tesco announced on Monday plans to form a global long-term purchasing alliance, as they seek…
Britain's Mothercare Seeks More Money From Investors For Restructuring Plan
The struggling mother and baby products retailer, Mothercare may seek investors for more money as part of a major restructuring it plans to…
Pepperfry sets aside 1/3rd of expenses for decor and utility
Online furniture platform, Pepperfry is looking to expand its home decor and utility category and has set aside 1/3rd of the year’s expenses to…
Fipkart plans to roll out One-stop mobile app
E-commerce major, Flipkart is planning to shift its business strategy from running an e-commerce portal to creating an ecosystem of services.…