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TFW Bureau Aug 07, 2024 - 1 min readE-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 ...
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Beny Sachdeva Aug 07, 2024 - 2 min readWhile there is no confirmed information yet about whether 7-Eleven, operated by Reliance Retail, will acquire the closed 24Seven stores owned by Godfrey Phillips India Ltd. However, there may be ongoing discussions. The future of the 24Seven chain remains uncertain. Established in 2005, 24Seven had nearly 145 stores operational until last week across ...
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TFW Bureau Aug 06, 2024 - 1 min readAmerican 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 ...
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Beny Sachdeva Aug 06, 2024 - 2 min readDevyani International Limited (DIL), one of the largest Quick Service Restaurant (QSR) operators in India, has announced its financial results for the quarter ended June 30, 2024. DIL added 54 net new stores with an aim to reach the consumers in its under-penetrated markets and offering an enhanced customer experience and service. With this addition, ...
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Parina Sood, TFW Bureau Aug 06, 2024 - 1 min readTribhovandas Bhimji Zaveri, the well-known jewellery brand has reported a nearly five-fold jump in first-quarter profit. The company confirmed the news to Franchise India, saying its consolidated net profit rose to 113.7 million Indian rupees ($1.38 million) for the quarter ended June 30, from 24.4 million rupees a year earlier. Demand for gold remained strong ...
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TFW Bureau Aug 06, 2024 - 3 min readAfter 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 ...