retail boom Archives - Third Eyesight

India’s Spending Boom Is Getting Bigger. India Inc’s Giants Want In

admin — Tue, 01 Sep 2026 11:55:00 +0000

Vikash Tripathi, Outlook Business 1 September 2026 Eight decades ago, the ‘nationalist businessman’ GD Birla helped prepare the ‘Bombay Plan’, which asked the state to pro-vide for the bare minimum needs of its people. His plan asked for 2,800 calories of well-balanced food per day, 30 yards of clothing per year and 100sq ft of […]

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SuperK has a playbook for solving India’s small-town retail problem

admin — Mon, 18 Aug 2025 12:48:00 +0000

Hiral Goyal, The Morning Context 18 August 2025 A trend that has been playing out through big and small changes over the last two decades is that in urban India the kirana store is easily replaceable. When it comes to buying groceries, urban Indians have a number of options. They can visit a fancy supermarket […]

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Fast fashion players such as M&S, Zara, H&M see fall in sales growth on spending woes

admin — Sat, 14 Dec 2024 12:56:00 +0000

Sagar Malviya, Economic Times Mumbai, 14 December 2024 Fast fashion was on a slow lane in the last fiscal year. Sales growth slowed for top retailers and fast fashion brands, show the latest regulatory filings of Marks & Spencer, Zara, H&M, Levi’s, Lifestyle, Uniqlo, Benetton and Celio. The bottom line too had taken a hit, […]

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Reliance Retail enters quick commerce, challenges Blinkit, Swiggy Instamart

admin — Tue, 08 Oct 2024 16:14:00 +0000

Nandini Singh, Business Standard 11 October 2024, New Delhi Reliance Retail, the country’s largest retailer, has officially entered the booming quick commerce space, intensifying competition for players like Zomato-owned Blinkit, Swiggy Instamart, and BigBasket. The company began offering quick commerce services through its e-commerce platform JioMart in select areas of Navi Mumbai and Bengaluru last […]

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Reliance Retail targets quick commerce market, challenging Blinkit, Swiggy’s Instamart

admin — Mon, 07 Oct 2024 16:31:00 +0000

Writankar Mukherjee, Economic Times 7 October 2024 Reliance Retail has initiated efforts to enter the thriving quick commerce market in a move that is set to escalate competition for Zomato-owned Blinkit, Swiggy Instamart and BigBasket, among others. The country’s largest retailer has started offering quick commerce services in select areas in Navi Mumbai and Bengaluru […]

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India’s Kirana Stores May Suffer The Fate Of Once-Ubiquitous Telephone Booths

admin — Mon, 16 Sep 2024 09:49:00 +0000

Data suggests that the share of modern retail, including online commerce, which is currently below 10%, is set to cross 30% over the next 3-5 years.

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Big retailers, Reliance to Titan, slash jobs by 52,000 in FY24

admin — Mon, 19 Aug 2024 08:57:00 +0000

Around a dozen lifestyle, grocery retailers, and quick-service restaurants cut about 26,000 jobs in FY24. This decline followed a slowdown in store expansions amid weakening consumer demand. Leading this staff reduction were Reliance Industries' retail arm and other major retailers. Still, some retailers, such as Shoppers Stop, continued to expand.

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Realty race in Maximum City as Tata Group, Reliance Industries keep on shopping

admin — Fri, 23 Feb 2024 06:20:00 +0000

While Reliance Retail started in 2006, it overcompensated for its late entry by aggressively opening stores across formats. Reliance has over 18,774 stores across supermarkets, electronics, jewellery, and apparel space. It has also either partnered or acquired over 80 global brands, from Gap and Superdry to Balenciaga and Jimmy Choo. A diverse portfolio of brands across various segments through strategic partnerships and collaborations helps an entity like Reliance to leverage synergies and enhance retail presence, especially in malls, experts said.

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The untold story of how Ravi Modi built Vedant Fashions – the makers of Manyavar – into a $3.5 billion behemoth

admin — Wed, 27 Apr 2022 14:00:00 +0000

The reclusive billionaire believes in destiny, modest living, and wealth beyond money. Here's how Modi, the latest and one of the youngest billionaires in India, built Manyavar and other Vedant Fashion brands ground up.

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Game of toys

admin — Mon, 10 Jan 2022 09:48:00 +0000

Written By Vaishnavi Gupta UAE-based Tablez has launched a kids’ super store in India Tablez, the retail arm of UAE-based LuLu Group, has launched its kids’ super store House of Toys in India. Tablez has been around in the country as the master franchisee of brands such as Desigual, Build-A-Bear, Go Sport, Yoyoso, Cold Stone […]

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