Top Stories
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TFW Bureau Dec 04, 2024 - 2 min readFood and grocery delivery platform Swiggy has reported a narrowing of consolidated net loss at Rs 625.53 crore for the second quarter ended September 30 on the back of continued growth of the food delivery business. The company, which is declaring its quarterly results to stock the exchanges for the first time since it went...
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TFW Bureau Dec 04, 2024 - 1 min readOriginally started in UK, ‘Sweet-Factory’, known as World’s leading brand for Pick ‘n’ Mix sweets, is now venturing into the Indian market with Franchise India as their Exclusive Partner. Known for its sweet jellies, marshmallows, chocolate coated nuts, fudge, sugar coated jellies etc, the brand has 200 stores worldwide with its presence in US, Europe,...
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TFW Bureau Dec 03, 2024 - 1 min readUnicommerce, an integrated e-commerce enablement SaaS platform, reported a 17% year-on-year growth in order volumes during the Black Friday sales period this year (27th Nov - 30th Nov 2024) compared to the same event last year (22nd Nov - 25th Nov 2023). The gross merchandise value (GMV) surged by 24%, underscoring the increasing significance of this...
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TFW Bureau Dec 03, 2024 - 1 min readOn-demand convenience platform Swiggy Ltd has expanded its 10-minute food delivery offering, Bolt, to over 400 cities and towns across India. Initially launched in Bangalore, Chennai, Hyderabad, New Delhi, Mumbai, and Pune, Bolt is now active in cities like Jaipur, Lucknow, Ahmedabad, Indore, Coimbatore, and Kochi as well, Swiggy said in a statement. Swiggy has...
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TFW Bureau Dec 02, 2024 - 2 min readLeasing of retail space in shopping malls and prominent high streets rose nearly 5% during January-September this year across eight major cities, according to Cushman & Wakefield. Real estate consultant Cushman & Wakefield data showed that the absorption or leasing of retail space in Grade-A malls and main high streets across the top eight cities...
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TFW Bureau Dec 02, 2024 - 2 min readWalmart-owned Flipkart has it is aiming to expand its quick commerce operations, driven by rising consumer demand for faster deliveries. The e-commerce giant was piloting its quick commerce service under the brand ‘Minutes’ in Bengaluru, Mumbai, and Delhi NCR as it responds to growing competition from delivery platforms such as Blinkit, Swiggy Instamart, Zepto, and...
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Parina Sood, TFW Bureau Nov 30, 2024 - 2 min readSamsung, India’s leading consumer electronics brand, has inaugurated a premium experience store at South Extension (Part II), which is the largest in South Delhi. This flagship store, located at one of the Capital’s most high-end shopping districts, is designed to provide a unique experience, combining cutting-edge technology with personalized services tailored to meet the diverse...
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Beny Sachdeva Nov 30, 2024 - 2 min readNew Shop, the emerging retail start-up, confirmed advancing with the rebranding exercise of 24seven stores as it enters into the final leg of an asset transfer deal with KK Modi Group company, Godfrey Phillips India Ltd. (GPIL). This development represents a pivotal moment for New Shop. “We have entered into an asset transfer deal for...
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Beny Sachdeva Nov 29, 2024 - 2 min readSiyaram’s, India’s pioneering textile and fashion conglomerate, proudly announced the opening of its third DEVO store in the sacred city of Ayodhya recently. Building on the remarkable success of its flagship store in Lajpat Nagar and Pritampura store in Delhi, DEVO takes a significant step forward with this retail expansion and bringing exceptional Indian ethnic...
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Beny Sachdeva Nov 29, 2024 - 3 min readModern Montessori International (London) Expands into India with RJ Corp Modern Montessori International (MMI), a global leader in early childhood education, is making its foray into India in collaboration with RJ Corp, one of the country’s leading business conglomerates. With a legacy spanning over 35 years and a presence in 14 countries across four continents,...