Godrej Interio, a number one house and workplace furnishings firm, has set its eyes on the southern market. The area contributed solely ₹180 crore, or about 5 per cent to its turnover of ₹3,200 crore, final 12 months. “We want this to develop. We’re opening plenty of shops within the area,” Dev Sarkar, Senior Vice- … Read more
The daddy of recent retail Kishore Biyani’s retail empire has crumbled however the household remains to be going robust with new ventures. His nephew Vivek Biyani is launching ‘Broadway’ a theatre-style retailer format, with the formal launch announcement set to happen on Thursday. Touted to be new-age department shops for new-age manufacturers, shops are slated … Read more
Banking is in Challa Sreenivasulu Setty’s DNA, contemplating that he spent college holidays accumulating debt owed to his father’s grocery retailer in rural Andhra Pradesh. From accumulating small sums within the hinterland throughout childhood to making sure that State Financial institution of India, the nation’s largest financial institution, recovers tons of of hundreds of crores … Read more
Practically 90 retail actual property properties, comprising round 450 lakh sq. toes of area, are anticipated to come back up by 2028, throughout seven main cities as builders count on an increase in demand for high quality property from retailers, in line with JLL India. Additionally learn:India’s flex workspace market set to develop to $9 … Read more
Bolas Agro Pvt Ltd, a dry fruits vendor, plans to open 100 extra retail shops in Karnataka in 2024-25. Bola Rahul Kamath, Director, instructed businessline that the corporate has opened round 70 shops throughout Karnataka within the final three years, together with 20 in Bengaluru alone final 12 months. Exterior Karnataka, it has one retailer … Read more
Decline in vitality costs negated an increase in vegetable costs leading to retail inflation primarily based on Client Value Index (CPI) remaining virtually the identical in February as in comparison with January, knowledge launched by Nationwide Statistical Workplace (NSO) on Tuesday confirmed. Additionally learn: Retail inflation stays virtually unchanged at 5.09% in February The retail … Read more