Retailers

Retail businesses across India reported a growth of 18% in sales as compared to pre-pandemic levels (July 2019), according to the Retail Business Survey by the Retailers Association of India (RAI). “Retail businesses across the country…

Small towns, or tier 2 and 3 markets, are growing faster than the larger metros across diverse categories such as packaged foods, beauty, personal care and quick service restaurant chains, executives said. Manan Jain, chief growth…

India's gold jewellery demand is likely to fall by 5 per cent to 550 tonnes this fiscal, mainly due to the hike in customs duty, according to a report. Rating agency on Wednesday said the hike in customs duty on gold by 5 per cent to…

Sales have recovered to pre-pandemic levels at large retail chains, also known as modern trade, in the January-June period owing to low infection rates, a pick-up in consumer mobility and withdrawal of all Covid curbs, said researchers…

Inventory levels at nearly a dozen listed Indian retailers surged by 50% on average in the quarter ended March compared with the year-ago period as businesses, expecting higher demand after two consecutive years of below-par revenue…