In today’s landscape, there’s a perception that ecommerce is on the rise, but the facts tell a different story. Bricks and motors still remain a very important part of the electronics market, said Sanjeev Mehtani, Chief Sales Officer, Acer India in an exclusive conversation with BW Retail World. “Reports indicate that 54 per cent of […]
Chai Sutta Bar, the tea chain announced the grand opening of four new outlets in Bengaluru. The brand is gaining popularity in South India for its blend of tea and the warm inviting atmosphere it provides to its patrons. With the opening of these four new outlets in Bengaluru, the brand sets its sights on […]
Rebel Foods, the internet restaurant company on Tuesday announced a significant move to redefine the food experience for Indian consumers with the launch of Wendy’s all-new Flavour Fresh range of burgers, wraps, loaded fries & nachos. With the introduction of ‘Flavour Fresh,’ the brand is venturing into the gourmet range of burgers to provide customers […]
Malabar Gold & Diamonds, the gold and diamond retail chain opened its 1st store in Dehradun, Uttarakhand in the presence of Minister Ganesh Joshi, State Cabinet Minister of the Government of Uttarakhand. This is Malabar Gold & Diamonds’ 24th store in the North region. Commenting on launching the showroom, M P Ahammed, Chairman, Malabar Group […]
McDonald’s (MCD.N) is increasing royalty fees for new franchise restaurants in the U.S. and Canada, marking the first such adjustment in nearly thirty years. This adjustment will align the fees with what McDonald’s charges in other global markets. Effective from 1 January, the fees will be raised from 4 per cent to 5 per cent. […]
Reliance Retail (RRVL), the retail arm of Reliance Industries, has successfully received the full subscription amount of Rs 2,069.50 crore from the global investment firm KKR and has allotted 1.71 crore equity shares. Following this share allotment, KKR’s shareholding in RRVL has increased to 1.42 per cent, up from the previous 1.17 per cent. In […]
The profit margins of fashion retailers are likely to contract by around 120 bps in FY2024 due to higher discounts and ad spends, despite an estimated 13 per cent revenue growth, the rating agency Icra has said. According to Icra’s recent industry analysis, the operating profit margins of 11 listed retail entities in its sample set, […]
Amazon.in on Friday announced the launch of Multi-Channel Fulfilment (MCF) in India. With this launch, sellers including D2C brands, manufacturers and retailers from across industries can revolutionise their fulfillment operations and enhance their customer experience by leveraging Amazon’s pan-India presence, state-of-the-art fulfillment centers and logistics capabilities to handle customer orders received from wide range of […]
Casio India has opened its first exclusive G-SHOCK retail store in Kurla, Mumbai. G-SHOCK watches are known for their durability and innovative designs, appealing to a wide audience with dynamic tastes. With options ranging from enduring ruggedness to off-road adventure style and contemporary sophistication, there’s a G-SHOCK timepiece for everyone. This store aims to redefine […]
Lenovo, the global technology powerhouse, on Wednesday opened three of its stores in Delhi as hybrid gaming stores. The stores, located at Nehru Place, will offer a wide range of Lenovo gaming and consumer products, including laptops, desktops, monitors, and accessories. These hybrid stores are set to provide an immersive retail experience, offering not only […]
