TFW Bureau

Leading shoemaker Bata would open 13 more stores of its athleisure brand ‘Power’, taking the total count to 15 by the end of 2024, says Managing Director and CEO Gunjan Shah. The company, which opened its second EBO (Exclusive Brand Outlet) in Delhi in the June quarter, has plans to add five more in the ...

The company had posted a consolidated net loss after tax of Rs 161.62 crore in the same quarter last fiscal, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing. Consolidated revenue from operations stood at Rs 3,427.82 crore in the first quarter as against Rs 3,196.06 crore in the year-ago period, the ...

E-commerce giant Flipkart has entered the quick-commerce race with a service called Minutes. The launch of this service pegs Flipkart in direct competition with firms such as Zepto, Swiggy’s Instamart, and Zomato’s Blinkit. Flipkart had been planning to enter the 10-minute delivery service space for the past few months and has finally done so as ...

American fast-food chain McDonald’s has announced the opening of its new outlet in Lucknow. The announcement was made on the brand’s social media page. The new outlet is located on the Rae Bareilly Road in Lucknow. The brand said in the post, “We are pleased to announce the opening of our newest McDonald’s restaurant in ...

After the success of its franchise business of multi brand supplement store, Muscle & Strength India, one of the country’s leading retailers of fitness supplements & nutritional products has entered exclusive distributorship of renowned international supplement brands in India such as JNX Sport, Ryse Supplements, DY Nutrition, Unmatched Supplements, Universal Nutrition, VMI Sports, DarkLabs, Hawk ...

Leading jewellery retailer and watchmaker Titan reported a 5.42 per cent decline in its consolidated net profit to Rs 715 crore for the quarter ended on June 2024. The company posted a net profit of Rs 756 crore in the April-June quarter a year ago. However, its sales were up 12.64 per cent to Rs ...