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Mall retail space of 180 lakh sq. ft. to be added across top 8 cities in 2024-27: C&W

TFW Bureau Sep 23, 2024 - 2 min read

Approximately 18 million sq. ft. of retail space in shopping malls is expected to be added during 2024-27 across eight major cities. This space is roughly one-third of the projected requirement to meet the demand, according to Cushman & Wakefield (C&W). Real estate consultant C&W in its latest report pointed out that “India’s Retail Space...

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Baskin-Robbins Expands Footprint with 1000th Outlet in India and the SAARC Region

Beny Sachdeva Sep 23, 2024 - 4 min read

This significant milestone marks a new era in its three-decade-long journey of delighting Indian and SAARC region consumers. Spanning over 750 square feet, the new Andheri outlet is the largest Baskin-Robbins location in Mumbai and amongst its largest in the country, symbolizing the brand's ongoing commitment to offering premium, innovative dessert experiences to its customers....

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IRTH from the House of Titan launches its first exclusive brand store

TFW Bureau Sep 20, 2024 - 2 min read

Premium handbag brand, IRTH from the House of Titan has announced the launch of its first exclusive brand store in Mumbai. Located in the prime shopping location at Palladium Mall, Mumbai, the brand outlet is set to welcome customers with a curated selection of thoughtfully crafted handbags. Since the brand launch in October 2022, IRTH has...

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Iconic plastic brand Tupperware files for bankruptcy

TFW Bureau Sep 20, 2024 - 2 min read

Tupperware Brands, the Orlando, Florida-based consumer goods company that produces the iconic line of containers has filed for bankruptcy. The company said it was seeking Chapter 11 bankruptcy protection after struggling to revitalize its core business and failing to secure a tenable takeover offer. The company said in its bankruptcy filing that...

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Rohan Pewekar is the new Pizza Hut India MD

TFW Bureau Sep 19, 2024 - 1 min read

Yum! Brands, the US-based quick-service restaurant major, has announced the appointment of Rohan Pewekar as the Managing Director (MD) for Pizza Hut in the Indian subcontinent. Yum! Brands owns restaurant chains, including KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill.Pewekar will be based in Gurugram and will lead Pizza Hut's...

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Former Cleartrip executive launches Quick-Commerce retail venture

TFW Bureau Sep 19, 2024 - 2 min read

Ayyappan R, the former chief executive of Flipkart-owned Cleartrip, is all set to launch a new quick-commerce retail venture in India. Currently, as per sources, the venture is seeking substantial seed funding from venture capital firms Accel and RTP Global. The new venture will focus on delivering a curated selection of premium...

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India is at its inflection point to become a Global Powerhouse: BVR Subrahmanyam

TFW Bureau Sep 18, 2024 - 2 min read

By 2047, India will be among the world's youngest nations demographically, poised for prosperity, with a projected per capita income of around $18,000 to $20,000, so says CEO, NITI Aayog, Government of India Shri Subrahmanyam. This growth is significant as India is expected to emerge as a major global player, building on the substantial...

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Zepto’s Daily Orders Surge to 8 Lakh, Aims for 1000 Stores by March 2025

Beny Sachdeva Sep 18, 2024 - 1 min read

Quick commerce company Zepto, known for its 10-minute grocery delivery service, has seen a significant increase in daily orders. Himanshu Sharma, VP - Real Estate & Facility, Zepto shared that the company till last year handled 3-4 lakh orders per day, which has now grown to 8 lakh orders daily. Currently, Zepto operates 424 stores...

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Delhivery Partners with Teamglobal to Broaden Ocean Freight Solutions

TFW Bureau Sep 18, 2024 - 1 min read

Logistics operator Delhivery recently said it has teamed up with Teamglobal Logistics for ocean freight services with focus on both in and out-bound logistics. The strategic partnership will provide an expanded reach of over 120 countries for Delhivery’s Less than Container Load (LCL) service while Delhi, in turn, will enable in-land services of its Part Truckload...

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Tata Motors announces exclusive dealership, OSL Future, in Kolkata

TFW Bureau Sep 17, 2024 - 1 min read

Tata Motors has announced the opening of its new exclusive dealership, OSL Future, in Kolkata. This premier facility, boasting 18,000 sq. ft. of showroom space and 54,000 sq. ft. of workshop area, represents a significant step in Tata Motors' strategic expansion in the region. The inauguration ceremony of New Tata passenger Vehicles Dealership at Raikva, Kolkata was attended...

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