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TFW Bureau Oct 24 2024 - 1 min readSwiggy, an online food delivery platform, has partnered with SwopStore, a customer acquisition platform. This collaboration is expected to drive growth in Swiggy’s sales, leveraging SwopStore’s innovative approach to customer engagement and retention. SwopStore, claims to revolutionising how brands interact with customers by utilising advanced technology and strategic insights to boost engagement and conversion rates. ...
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TFW Bureau Oct 24 2024 - 1 min readFood delivery aggregator Zomato Ltd. has reported its September quarter results. The company reported a net profit for the fifth quarter in a row. Zomato reported a net profit of ₹176 crore for the July-September period. The figure though is lower compared to Jefferies' estimates of ₹245.3 crore. The company had reported a net profit ...
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TFW Bureau Oct 23 2024 - 2 min readVarun Beverages Ltd (VBL), PepsiCo’s largest franchise bottler, on Tuesday reported a 22.33% rise in consolidated net profit at Rs 628.82 crore for the September quarter driven by volume growth and improved margins. The company, which follows the calendar year as its financial year, had posted a net profit of Rs 514.05 crore during the ...
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TFW Bureau Oct 23 2024 - 1 min readLenskart has recently appointed Abhishek Gupta as its Chief Financial Officer (CFO). Gupta previously held the position of CFO at OYO for nine years. According to Gupta’s LinkedIn post, he left OYO in earlier this year to join Lenskart. In his role as CFO, he will provide direction for long-term strategic planning and execution, focusing on ...
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TFW Bureau Oct 22 2024 - 1 min readTata Group’s value retail fast fashion chain Zudio has launched a new 10,000 sq-ft store at World Street by Omaxe, marked by a special inauguration event attended by senior management from both Omaxe and Zudio. The addition of Zudio enhances the diverse retail options at World Street, which already hosts over 200 brands, solidifying its reputation ...
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TFW Bureau Oct 22 2024 - 2 min readRetail sales in September 2024 showed a gain of 5% as compared to the sales levels during the same period in September 2023, Retailers Association of India (RAI) said in its latest edition of its Retail Business Survey. According to the survey, North India saw sales growth of 7%, followed by West and South India ...