Retail Sales News

Industry

Retail sales up 9% in July: Retailers Association of India

Retailers have seen a pick-up in business in the last week of July as many of them started their end-of-season sales

1 min read19 Aug 2023
Companies

Whyte & Mackay single malt whisky finds key mkt in India

UK’s Whyte & Mackay, known for brands like The Dalmore and Jura single malt whisky, sees India as its most significant market after the US and China. The company launched in India in 2018 and has seen a compound annual growth rate (CAGR) of 35% in sales for the past three years

3 min read26 Jul 2023
Industry

Retail sales up 7% in June, says industry body

Categories such as food and grocery and footwear reported the highest growth of 15% each, followed by jewellery (14%). Meanwhile, sports goods as a category grew 13% year-on-year. Sales of apparel,however, reported tepid growth, rising 7% year-on-year.

1 min read19 Jul 2023
Specials

Amazon Turns to AI to Weed Out Damaged Goods

Company expects artificial intelligence to reduce the number of damaged items moving through fulfillment centers and to speed up deliveries

2 min read1 Jun 2023
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Markets

Titan share price hits record high. Rekha Jhunjhunwala’s net worth jumps ₹2400 crore in two months

Rekha Jhunjhunwala’s portfolio: Titan share price has seen 65% increase in last two months, hitting a lifetime high of ₹2,841.90 per share on Tuesday

1 min read31 May 2023
Companies

Blackstone acquires International Gemological Institute for $535 million

While Fosun held 80% of the stake, 20% was held by Rolan Lorie. The deal values IGI at an enterprise value of $535 million

2 min read21 May 2023
Markets

Gold price rebounds as US dollar retraces from two month high. Should you buy after withdrawn of ₹2000 currency?

Gold rate today has immediate support placed at $1,950 levels whereas on MCX, it has support placed at ₹59,500 per 10 gm mark, believe experts

3 min read20 May 2023
Industry

Retail sales up 6% in April, says survey

New Delhi: Retail sales rose 6% year-on-year in April, indicating moderate growth for the sector, according to findings of the monthly Retail Business Survey by industry body Retailers Association of India (RAI)

1 min read18 May 2023
Markets

Tata Technologies IPO, JLR sales to Q4 results: Why you should buy Tata Motors shares — explained

Tata Technologies IPO is expected to boost cash flow in Tata Motors Ltd, say experts

3 min read18 May 2023
Companies

Cars stream out of factories, but not all find takers in April

At Maruti, enquiries for new products grew 7% in April, but bookings were below normal

2 min read1 May 2023
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