Retail News - Latest Updates & Headlines
Reliance posts record revenues in FY25, becomes first Indian company to cross Rs 10 lakh crore in total equity
Mumbai, April 25: Reliance Industries Limited on Friday reported that t has posted record annual consolidated revenues at Rs 1,071,174 crore (USD 125.3 billion), up 7.1 per cent on a yearly basis.
Gujarat's retail Inflation at 2.63% in March 2025; below national average
Gandhinagar, April 25: Gujarat's annual retail inflation rate (based on the Consumer Price Index - CPI) for March 2025 stands at 2.63 per cent, significantly lower than the national average of 3.34 per cent by 0.71 per cent, according to the latest data released by the Ministry of Statistics and Programme Implementation.
Indian households well positioned to support 6.5 pc growth over 3-5 years: Morgan Stanley
New Delhi, April 25: The households in India remain well positioned to support 6.5 per cent growth over the next 3-5 years, a Morgan Stanley report said on Friday.
Tira steps into lifestyle space with launch of stylish lifestyle essentials line
Mumbai, April 23: Reliance Retail's beauty retail platform, Tira, has officially expanded its horizons with the launch of a lifestyle merchandise line, marking the brand's first step beyond cosmetics and skincare.
India's retail credit to GDP doubled over past decade, bank credit remained stable: Report
New Delhi, April 23: Retail credit in India has witnessed significant growth over the last ten years, from 9 per cent of GDP in 2013-14 to 18 per cent in 2024-2025, while bank credit has largely remained stable, according to a report by Motilal Oswal.
CAIT to host national conclave to oppose quick commerce and e-commerce business
New Delhi, April 20: At a conclave to be held on Tuesday, the Confederation of All India Traders (CAIT) said it is set to "expose the darker and exploitative side" of modern retail.
70 pc upcoming malls in India to be of superior grade quality by 2026: Report
Mumbai, April 15: India's retail real estate sector is going through a major transformation as over 70 per cent of the 12.3 million square feet of new Grade A mall space expected in 2025 and 2026 will be of Superior Grade (A+), a new report said on Tuesday.
India's domestic jewellery market to surge to USD 145 Bn by FY28 amid shift from unorganized to organized players: Report
New Delhi, April 14: India's domestic jewellery market is projected to grow at a strong compound annual growth rate (CAGR) of 16 per cent between FY24 and FY28, reaching a market size of USD 145 billion by FY28, according to a report by Minerva Capital Research.
Tira Turns Two: India's Beauty Playground gets bigger, bolder, and more beautiful
Mumbai, April 11: Tira, a beauty retail platform by Reliance Retail, has completed two years in the industry. Since its launch, it has steadily built a universe where innovation, inclusivity, and indulgence come together - both online and offline.
Bank of Baroda passes on RBI rate cut to retail and MSME customers
Mumbai, April 10: The government-owned Bank of Baroda on Thursday announced the immediate transmission of the Reserve Bank of India's (RBI) policy rate cut to its customers.
South Korea: Retailer confidence sinks for Q2 on inflation, uncertainty
Seoul, April 8: South Korean retailers' business sentiment worsened for the second quarter, weighed down by persistent inflation and rising uncertainties both at home and abroad, data showed on Tuesday.
Indian retail sector sees 55% leasing growth in Q1-2025, driven by malls and prominent streets: Report
New Delhi, April 8: The leasing activities in the first quarter of 2025 witnessed about 55 per cent growth and a 6 per cent quarterly, with leasing activity crossing 2.4 Million Square Feet (MSF) across the top 8 cities, according to the Retail Market Beat Report of Cushman & Wakefield.
Malls, mainstreets drive 55 pc surge in India's retail leasing during Jan-March
New Delhi, April 8: Leasing activity in India's retail sector recorded a robust 55 per cent jump to cross 2.4 million square feet (MSF) in the January-March quarter this year across top eight cities, with both malls and mainstreets contributing to the growth, according to a report released on Tuesday.
Reliance Retail's Tira introduces Concierge by Tira to offer luxury beauty experience to its customers
Mumbai, April 2: Tira, the beauty vertical of Reliance Retail Limited, has introduced Concierge by Tira-- an exclusive service crafted to enhance the luxury beauty experience for its most esteemed customers.
SEBI extends deadline for retail investors' algo trading norms to August 1
Mumbai, April 1: The Securities and Exchange Board of India (SEBI) on Tuesday said that it has extended the deadline for implementing new regulations governing retail investors' entry into algorithmic (algo) trading.
E-retail market in India poised to reach $170-$190 billion in GMV by 2030
New Delhi, March 27: Amid the rise in quick commerce, trend-first commerce and hyper-value commerce, India's e-retail market is projected to reach $170-$190 billion in gross merchandise value (GMV) by 2030, a report showed on Thursday.
India's organised retail to surpass $600 billion by 2030, capture 35 pc of total market
Bengaluru, March 26: India's overall retail sector is poised to become more than $1.6 trillion opportunity by 2030, offering immense headroom for sustained growth for the organised retail industry, according to a new report on Wednesday.
Retail security receipts redemption rate for ARCs to rise 600 bps: Crisil Ratings
New Delhi, March 25: Asset reconstruction companies (ARCs) are poised for a significant boost in the redemption rate of security receipts (SRs) issued for stressed retail assets, with an estimated increase of around 600 basis points (bps) to 69-71 per cent in the upcoming fiscal year, according to an analysis of rated portfolios, according to the Crisil Ratings. By definition, ARCs are a financial institution that buys NPAs or bad assets from financial institutions and banks to clear up their balance sheets.
ARCs to see better recovery rates in retail stressed assets next fiscal
New Delhi, March 25: Asset Reconstruction Companies (ARCs) are expected to see an improvement in the redemption rate of Security Receipts (SRs) issued for stressed retail assets in the next financial year, a new report said on Tuesday.
Retail, IT sector driving female contractual workforce participation in India: Report
Bengaluru, March 24: Retail and Information and Technology sectors are driving female contractual workforce participation in India, according to a report on Monday.
Rasna to extend retail network to 1 lakh outlets by end of 2026: Chairman Piruz Khambatta
New Delhi, March 22: Rasna International will extend its retail network to 100,000 outlets by the end of 2026, targeting a growth of 30 per cent, said Rasna Chairman Piruz Khambatta.
Retail boom: Mall space demand outstrips supply for 3rd consecutive year in India
Mumbai, March 19: The Indian retail sector is witnessing strong growth, with demand for mall space surpassing supply for the third consecutive year, a new report said on Wednesday.
MBK chief vows to use personal assets to support ailing Homeplus suppliers
Seoul, March 16: Private equity firm MBK Partners Ltd., which owns Homeplus, said on Sunday its chief will use his personal assets to support suppliers of the major discount store chain affected by the court-led rehabilitation process.
Fresh pricing, exclusive drops, influencer collabs, among key strategies this summer for clothing players
New Delhi, March 16: Clothing brands, this summer, are shifting their strategies to attract modern consumers, with a focus on performance-driven fashion, influencer collaborations, limited-edition drops, and engaging digital storytelling, as per the clothing industry players.The fashion players are adopting to the evolving preferences of younger consumers, particularly Gen Z.According to Anand Aiyer, CEO of Arrow, the focus this summer is on blending comfort with sophistication in clothing.
Retailers report 52% drop in essential goods sales due to quick commerce
New Delhi, March 16: The rise of quick commerce has caused a significant decline in the sale of food, beverages and confectionery in urban centers, as 52 per cent of physical store retailers reported experiencing the drop, according to a report by global consulting firm PwC.
Homeplus apologises for rehabilitation, vows full debt payment
Seoul, March 14: The president of Homeplus, a major discount store chain in South Korea, offered a public apology on Friday to retailers and investors affected by the company's court-led rehabilitation process.
Retail inflation to come below RBI's 4.4% estimates in Jan-Mar quarter at 3.8%: Report
New Delhi, March 14: Consumer price index (CPI) or retail inflation is likely to undershoot the Reserve Bank's target in the January-March 2025 quarter, opening more policy space for easing the policy rate, Bank of Baroda said.
India's retail inflation eases to 7-month low of 3.6 per cent in February
New Delhi, March 12: The year-on-year inflation rate, based on the Consumer Price Index (CPI), eased to an 7-month low of 3.61 per cent in February this year, which is 0.65 per cent lower than the corresponding figure for January, as food prices came down further during the month. This is the lowest retail inflation after July 2024.
Quick Commerce accounts now for 70-75 pc of total e-grocery orders, up from 35 pc in 2022: Report
New Delhi, March 12: Quick commerce is rapidly transforming the online grocery market, now accounting for 70 per cent -75 per cent of total e-grocery orders, according to a recent report by Bain & Company.
Brick-mortar stores remain relevant in tier 2, 3 cities despite aggressive quick commerce penetration: PwC report
New Delhi, March 9: Despite the aggressive expansion of quick commerce businesses in India, given that people are increasingly opting to shop through the emerging online platforms, brick-and-mortar retail remains a robust channel in the tier 2 and tier 2 cities, as per a report by global consulting firm PwC.
Market Outlook: Retail inflation, FIIs data, Holi break and Trump tariff policy key triggers for next week
Mumbai, March 9: The market outlook for next week will be guided by several domestic and international factors such as India's retail inflation data, FIIs activities, dollar to Rupee activity and Trump tariff policy.
State pension fund retrieves half of $423.5 million investment in Homeplus
Seoul, March 8: South Korea's state pension fund has said it recovered about half of its total investment of 612.1 billion won ($423.5 million) in major retailer Homeplus Co., which recently entered a court-led rehabilitation process amid liquidity worries.
5 officials settle case with SEBI over regulatory violations, pay Rs 95.55 lakh
Mumbai, March 6: Five current and former officials of Add-Shop E-Retail Limited (ASERL) and White Organic Agro Limited (WOAL) on Thursday settled a case with the Securities and Exchange Board of India (SEBI) regarding alleged violations of regulatory norms.
Reliance Retail slashing jobs, tightening operations before public debut: Report
Mumbai/New Delhi, March 6: Concerned over its sales slowing down, Reliance Retail Ventures Ltd (RRVL) is reportedly slashing jobs - along with other cost-cutting measures - before making its stock market debut.
Indian retail market set to reach Rs 190 lakh crore by 2034 as consumption surges
Mumbai, Feb 27: India, the fastest-growing major economy, is set to become the third-largest by GDP by 2030, driving a Rs 190 lakh crore retail market by 2034, according to a report released on Thursday.
India to drive Rs 190 trillion retail market by 2034: BCG-RAI report
New Delhi, February 27: India's retail sector is set to experience massive growth, with the market projected to reach Rs 190 trillion by 2034, according to a new report by the Boston Consulting Group (BCG) and the Retailers Association of India (RAI).
60 pc of Indian retailers see technology as key to competitiveness: PwC India Report
New Delhi, February 27: 60 per cent of brick-and-mortar retailers surveyed believe that improved access to technology can empower them to enhance their competitiveness in this evolving market, according PwC India report.
Retail sales record 5 per cent rise in January
Mumbai, Feb 27: Retail sales in India recorded a 5 per cent growth in January this year compared to the sales in January 2024, according to the latest survey released by the Retailers Association of India (RAI).
India's retail sector registers modest growth of 5 per cent in January
Mumbai, February 26: India's retail sector witnessed a 5 per cent sales growth in the retail sector from January 2025 compared to the same time period last year, according to the 58th Retail Business Survey of Retailers Association of India (RAI).
1 in 2 retailers in Asia-Pacific to leverage GenAI for content creation, cut costs by 2027
New Delhi, Feb 23: At least 50 per cent of Asia-Pacific retailers will leverage GenAI-enabled content creation and delivery by 2027 for dynamic product content, boosting conversion rates, and cutting content management costs by 30 per cent.