The share of the quick commerce market in online retail has increased rapidly from about 0.14% in 2018 to 4.8% in 2023 and is expected to reach 17-30% by 2028.
3 min read15 Oct 2024Nykaa, Anita Dongre, The Big Chill and Blue Tokai are among brands looking to establish a presence in Dubai and other highly competitive Gulf markets.
5 min read13 Sep 2024Lego sales increased last year as the toy-brick maker’s Harry Potter and Fortnite play sets boosted its popularity, helping it outperform and take market share from its rivals despite a slump in global demand.
1 min read12 Mar 2024Retail companies have reported mixed performance, with premium retailers sustaining their growth momentum. However, value retailers continued to face pressure, noted the brokerage. Trent and Westlife Foodworld are the top picks of Axis Securities in the retail space post Q3FY24 results.
3 min read21 Feb 2024Whiskey, brandy, and rum saw modest growth in volume, while vodka and gin experienced stronger growth in the spirits segment.
2 min read15 Feb 2024Landlords are having a much easier time filling prime retail space and are far less likely to agree to concessions.
4 min read29 Jan 2024More than $100 billion in merchandise was returned fraudulently in the U.S. in 2023, retailers say, up sharply since 2020.
4 min read10 Jan 2024The shopping apps throw a lifeline to Chinese exporters, but it is a trade-off.
6 min read3 Jan 2024Evolving shopping habits and the rise in e-commerce are softening demand for department stores and other big-box space.
4 min read12 Dec 2023ABFRL: The company has a network of 3,487 stores across approximately 30,787 multi-brand outlets with 6,381 points of sales in department stores across India (as of 30th June 2022). Read further to know more
5 min read6 Oct 2022The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared