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Showing posts with the label India Retailing

Zoff Foods aims to strengthen offline presence, begin exports this fiscal

Founded in 2018, Zoff Foods specialises in premium-quality spices with a manufacturing unit in Raipur in Chhattisgarh Mumbai: Chhattisgarh-based Zoff Foods, which is expecting its revenue to cross Rs 100 crore this financial year, is planning to expand its offline presence in the country and begin exports, a top company executive has said. “Our revenue was at Rs 93 crore in 2024-25, and this year we’ll be crossing Rs 100 crore. Nearly 80 per cent of our business comes from e-commerce and the rest 20 per cent from offline stores. Our focus was e-commerce first before this year. The online spice market is just 5 per cent, of which we enjoy 15 per cent market share,” Zoff Foods co-founder Akash Agrawalla told PTI. However, the company is now growing, therefore, it has started focusing on the offline presence as well. “Offline market is huge and we have started focusing on it, so going ahead, maybe in the next 2-3 years our portfolio ratio will be 50:50. Currently, we have reached nea...

India’s first luxury grocery destination Le Gourmet unveils in New Delhi

The outlet is located at The Chanakya Mall in New Delhi, which houses several globally renowned luxury brands Bengaluru: India’s first luxury grocery destination Le Gourmet by gourmet food retail chain Le Marché , has opened at The Chanakya Mall, New Delhi. Located on the MKT level, the store offers a wide range of international food products and speciality grocery items. The store’s inventory includes Japanese snacks, Korean condiments, Mediterranean oils, and Oriental pantry essentials. It also offers organic produce, seasonal fruits, and options tailored to vegan, keto, and gluten-free diets. Le Gourmet features global brands such as Harrods, Sirocco (a Swiss tea brand), Bacha Coffee, and Maestrani Swiss Chocolates. The store also introduces new products to the Delhi NCR market, including 24K Gold Coffee, gold-dusted tea, gold-coated dates, and a variety of caviars such as Oscietra, Kaluga, Russian Beluga, and Labeyrie. Shoppers can find clean-label products such as Khapli and...

From Retail to Restaurants: How These Malls Became the City’s Culinary Lifeline

Here’s a look at five retail destinations that are driving this transformation — from street food revivals to gourmet clusters Once dominated by retail, India’s malls are now being redefined by food. As consumer preferences evolve from shopping to experience-led engagement, the food and beverage (F&B) sector is emerging as a key differentiator — and in some cities, a cultural anchor. Across India, a new breed of malls is turning into culinary lifelines, not just curating dining options but shaping how cities eat, gather, and unwind. Here’s a look at five retail destinations that are driving this transformation — from street food revivals to gourmet clusters. Ambience Mall, Gurugram: Where Scale Meets Culinary Diversity One of the pioneers of luxury retail in North India, Ambience Mall has long been a dominant player in Gurugram. But its true strength lies in its ability to blend aspiration with accessibility in its F&B mix. With over 50 outlets ranging from homegrown favou...

Retail Reimagined: 7 Retailers That Dared To Transform With New Ideas

As presented to the Images Retail Awards 2025 Jury – Finalist Case Stories By redefining purpose, playing with formats, and placing the consumer at the heart of every innovation, Indian retailers have shown that the future is not something to await—but something to design. At the 2025 edition of the Images Retail Awards, finalists in the “Retail Reimagined” category embodied this spirit through powerful stories of transformation. These brands not only introduced new ways to shop but redefined why and how consumers engage with retail spaces. Here are the seven concept stories that stood out. Adrish: Zero-Waste, Infinite Impact Award Winner – Retail Reimagined, IRA 2025 In a retail world driven by scale and speed, Adrish has emerged as a quiet, potent revolution. India’s first zero-waste organic retail chain, Adrish challenged conventional commerce by eliminating plastic and reintroducing ancient Indian wisdom into modern consumption. The stores are compact—between 300 to 500 square ...

Trump wants Apple to stop production of iPhones in India; co assures New Delhi plans intact

Trump, who in his second term as President is pushing for local manufacturing, said Apple will be upping their production in the United States New Delhi: US President Donald Trump on Thursday said he has asked Apple CEO Tim Cook to stop producing iPhones in India, and rather make them in the US. Apple has no smartphone production in the US – most of its iPhones are made in China while facilities in India produce around 40 million units per year (about 15 per cent of Apple’s annual output). Trump, who in his second term as President is pushing for local manufacturing, said Apple will be “upping their production in the United States.” Soon after Trump’s comments in Doha, Qatar, Indian government officials spoke to Apple executives, who assured that Apple’s investment plans for India are intact and the company proposes to make the country a major manufacturing base for its products. “I had a little problem with Tim Cook yesterday,” Trump said of his conversation with Apple’s CEO, in...

Japanese lingerie brand Wacoal opens new store in Mumbai

Spanning 550 sq. ft. of retail space, the new store is located at Sky City Mall, Borivali Bengaluru: Japanese lingerie brand Wacoal India has launched its latest store at Sky City Mall, Borivali, further expanding its presence in Mumbai, the company said in a press release on Thursday. Spanning 550 sq. ft. of retail space, the new store will showcase Wacoal’s signature collections across lingerie, loungewear, and sleepwear, offering everyday essentials as well as luxurious options. “At Wacoal, we are dedicated to helping every woman find the perfect fit through superior design, premium quality, and personalized service.” said Pooja Merani, COO of Wacoal India. “The launch of our new store at Sky City Mall allows us to serve a growing base of customers in Borivali, a market that reflects the evolving aspirations of young professionals and families seeking quality and style in intimate wear. We are excited to continue building a strong retail presence across India.” This is the six...

Jubilant Foodworks posts Rs 49 cr profit in Q4

The company reported a net profit of Rs 208.24 crore for the March quarter of FY24 New Delhi: Jubilant Foodworks Ltd (JFL), which operates fast-food chains Domino’s Pizza and Dunkin’ Donuts, on Wednesday reported a consolidated net profit of Rs 49.33 crore during the March quarter. The company’s revenue from operations was Rs 2,103.18 crore during the quarter, the company in a regulatory filing. The company reported a net profit of Rs 208.24 crore for the March quarter of FY24 and its revenue from operations was at Rs 1,573.8 crore, it said. JFL reported a net profit of Rs 217.12 crore during the 2024-25 financial year. It was Rs 400.07 crore in FY24. Its total consolidated income for FY25 was Rs 8,217.07 crore as against Rs 5,695.97 crore, a year earlier. The March quarter results of the Bhartia-family promoted group firm are not comparable with the previous quarter as its subsidiary, Jubilant Foodworks Netherlands B.V has acquired a controlling stake in DP Eurasia NV, the excl...

Non-Essentials Delivered at Quick-Commerce Speeds: Will it work?

As Q-commerce races beyond groceries into the realm of non-essentials, the industry stands divided on whether these items truly belong in the fast lane… Bengaluru: Once reserved for late-night snacks and emergency groceries, quick-commerce is now stretching its limits—offering to deliver everything from lipstick to iPhone in under 10 minutes.  Consumers’ tolerance for waiting is shrinking by the minute—much like their attention spans—and brands are seizing the moment. Just as they once flooded e-commerce platforms with every imaginable product, they are now cramming Q-commerce shelves of Zepto , Instamart , Bigbasket, and Blinkit with everything from face masks to fashion fixes, banking on instant gratification to drive impulse buys. This trend has triggered a notable slump in food, beverage, and confectionery sales across urban hubs, with 52% of brick-and-mortar retailers reporting the dip, according to a study by global consultancy PwC. Here’s the big question: Do non...

The Power of Purpose: Tesco CEO Ken Murphy on Building a Business That Lasts

From employee investment to environmental stewardship, the retail giant is leaning into values-led leadership to drive growth London: In a compelling address at the World Retail Congress, Ken Murphy, CEO of Tesco , emphasized that doing the right thing—both for people and the planet—not only builds trust but makes long-term business sense. “When you do right by people, you’ll be rewarded in the end ,” Murphy said, outlining Tesco’s firm belief in ethical business practices as a cornerstone of its sustained success. From employee investment to environmental stewardship, the retail giant is leaning into values-led leadership to drive growth. Investing in People: The Core of Tesco’s Strategy Murphy revealed that since the spike in UK inflation three years ago, Tesco has increased colleague pay by over 32% , a move aimed at supporting its diverse workforce. Currently, 11% of Tesco employees live with a disability, 6% are veterans, and 28% have caring responsibilities —a reflection ...

Recode Studios opens flagship store in Bengaluru

Located at JP Nagar, the store offers a selection of beauty, skincare, and personal care products that cater to various skin tones, types, and preferences Bengaluru:  Indian cosmetic brand Recode Studios has expanded its retail presence in South India, with the launch of its newest flagship store in Bengaluru, at JP Nagar. The store offers a selection of beauty, skincare, and personal care products that cater to various skin tones, types, and preferences. “We are thrilled to introduce Recode Studios to the cosmopolitan city of Bengaluru,” said Dheeraj Bansal, co-founder, Recode Studios. “We have always believed in providing high-quality beauty products to all. With this launch, we are looking forward with great enthusiasm to serving a new community of beauty enthusiasts and providing them with quality and value in an interactive retail experience that speaks to our brand philosophy.” Since its founding in 2018, Recode Studios has been a pioneer of makeup and skincare products i...

Raymond Lifestyle posts Rs 45-crore loss in Q4

It had reported a net profit of Rs 235.58 crore in the year-ago period, according to a regulatory filing from Raymond Lifestyle New Delhi: Raymond Lifestyle on Monday reported a consolidated net loss of Rs 44.95 crore during the March quarter on account of weaker consumer demand and lower sales due to system outages. It had reported a net profit of Rs 235.58 crore in the year-ago period, according to a regulatory filing from Raymond Lifestyle, a Raymond Group firm. However, its revenue from operations was down 11.3 per cent to Rs 1,494.15 crore in the March quarter. It was at Rs 1,684.55 crore in the year-ago period. “EBITDA stood at Rs 99 crore in Q4 FY25 with an EBITDA margin of 6.3 per cent amid high inflation, leading to weaker consumer demand. This situation was further exacerbated with a ransomware attack that disrupted operations during the quarter,” Raymond Lifestyle said in its earnings statement. The IT team, with the support of cybersecurity experts, contained the atta...

Why India’s Retail, E-Comm & Q-Comm Are Attracting Smart Money

Investor interest in retail is not just a moment—it’s a movement. And 2025 may just go down as the year that Indian retail found its second wind India’s retail engine is humming again—with capital flowing, confidence growing, and consumer-facing businesses in the spotlight. In 2025, from blockbuster IPO filings to strategic acquisitions and a fresh funding frenzy across e-commerce and quick commerce (Q-comm), the message is loud and clear: Indian retail is not just back, it’s booming. A $100 Million Signal: Zepto’s Second Wind The biggest headline grabber? Motilal Oswal family office’s  $100 million investment in Zepto . Once written off as a pandemic-era fad, Q-comm has proven its staying power. Zepto’s pivot toward profitability, improved dark store economics, and sharp focus on Tier 1 and 2 city expansion have positioned it as a long-term contender in the convenience economy. This move marks a turning point where  legacy capital  is betting on what was once a high-...

Biglilpeople launches new fagship store at Bhartiya Mall of Bengaluru

New Delhi: Kidswear brand Biglilpeople has opened the doors to its latest retail outlet at the Bhartiya Mall of Bengaluru, a social media post said. “We’re proud to announce the grand opening of the new kids’ store biglilpeople now at Bhartiya Mall of Bengaluru! This store is a one-stop destination for fun, fashion, and essentials for little ones – offering everything from trendy kids’ apparel to playful toys and thoughtful gifts,” said Rethun M, Head Retail Leasing, Bhartiya Urban. The brand’s commitment to sustainability is evident in every aspect, from fabric sourcing to packaging. Buttons are made of coconut shells or wood, trims are biodegradable, and every product is plastic-free. Materials are sourced from local Indian weavers and mills, aligning with the brand’s “Made in India” promise. Beyond its eco-conscious offerings, Biglilpeople is also a women-led enterprise, with 95% of its team comprising women, many of whom are mothers. This has shaped a deeply empathetic appr...

DRRK foods to expand distribution network by 50%

The distribution scale-up forms part of DRRK’s broader growth strategy, which includes deeper penetration into domestic markets New Delhi: DRRK Foods has announced its plans to expand its domestic distribution network by 50% by the end of 2025. The move is aimed at accelerating the growth and accessibility of its flagship Crown Basmati Rice brand across urban and emerging markets, the company said in a release on Monday. Currently associated with approximately 150 distributors nationwide, the company intends to more than double this number over the next two years. As part of this expansion, DRRK Foods is actively seeking to onboard strong super stockists with an FMCG background to build a more agile and widespread distribution ecosystem. “As consumer trust in quality Basmati rice continues to grow, we’re doubling down on expanding Crown’s reach across India and key international markets,” said Vikram Marwaha , Joint Managing Director of DRRK Foods. “This distributor network expans...

From Pitch to Performance: 11 Shark Tank-backed Startups in India’s Healthy Food Revolution

Big pitches, bigger promises. But did these ‘healthy’ startups deliver post-Shark Tank? The results may surprise you Shark Tank India isn’t just a show—it’s become a cultural touchpoint that celebrates bold entrepreneurship, sharp business instincts, and the promise of innovation. Across its four seasons, it has propelled dozens of consumer-first startups into the national spotlight, many of which tap into India’s growing appetite for healthier food choices. But what happens after the cameras stop rolling? This story tracks the post-pitch journeys of 11 standout startups in the healthy food space. While these brands secured funding on national television, how many managed to turn that momentum into sustained growth—scaling operations, expanding product lines, and capturing new markets? The Healthy Eating Shift: A Market Hungry for Better Choices India’s health-conscious snacking segment is undergoing a major transformation. Valued at USD 3.85 billion in 2023, the market is set to ...

Why retailers are betting big on eco-homeware

Consumers are seeking homeware that’s not only are aesthetically pleasing, but also eco-friendly and socially responsible The modern home is evolving—not only as a refuge of beauty and comfort, but as a reflection of personal values, namely environmental consciousness. As sustainability enters the world stage, the homeware industry is experiencing a green revolution. Those days of eco-homeware as a fleeting trend are behind us; sustainable homeware is on the rise, driven by consumer demand and innovation in the industry. The world homeware market is set to hit $838.6 billion by 2027, as estimated by Grand View Research, and sustainable homeware is playing a major role in its rise. NielsenIQ in a 2023 survey found that 73% of world consumers are ready to shift their consumption patterns towards minimizing the environmental impact, while 41% are prepared to pay extra for products that have natural or organic ingredients or are eco-friendly. India is also experiencing a shift towards c...

Kalyan Jewellers Q4 profit rises 36.44% to Rs 187.60 cr

The company’s profit after tax stood at Rs 137.49 crore during the corresponding quarter of the preceding fiscal Mumbai: Jewellery retailer Kalyan Jewellers on Thursday reported a 36.44 per cent annual growth in its consolidated net profit at Rs 187.60 crore in the quarter ended March 2025. The company’s PAT (profit after tax) or net profit stood at Rs 137.49 crore during the corresponding quarter of the preceding fiscal, Kalyan Jewellers said in a regulatory filing. Revenue from operations of the company witnessed a growth of 36.60 per cent during the quarter under review at Rs 6,181.53 crore compared to Rs 4,525.01 crore in the same period a year ago. The company recorded the annual consolidated PAT for FY25 at Rs 714 crore compared to Rs 596 crore recorded in the preceding financial year. Consolidated revenue witnessed a 35 per cent growth at Rs 25,045 crore in FY25, against Rs 18,516 crore a year ago. “We had an excellent start to the current financial year despite continuin...

Godrej Consumer expects revival in FMCG demand in the next 12-18 months

The FMCG demand will be helped by tailwinds as lower food inflation, normal monsoon and pay commission New Delhi: FMCG major Godrej Consumer Products Ltd (GCPL) expects a revival in demand in the next 12-18 months, helped by tailwinds as lower food inflation, normal monsoon and pay commission, said its Managing Director and CEO Sudhir Sitapati on Wednesday. Besides, the Godrej Industries Group also expects its profit to go up again, once the palm oil prices, a key raw material for its soap business, comes down, said Sitapati in a post earnings media briefing. GCPL termed the persistent inflation as a “short-term blip” , where it has passed on only 15–16 per cent of the palm oil price increase to customers. The company, which owns brands such as Cinthol, Godrej Fair Glow, Godrej No 1, Ezee, Goodknight, HITS, etc, has reported a consolidated net profit of Rs 411.9 crore in the March quarter, along with an underlying volume growth of 6 per cent. As per the strategy, GCPL is now focu...

Over 70% consumers across age groups favour active retail experiences: Report

Amusement parks and bowling alleys rank as the most popular experiences that comsumers have participated in at least once Bengaluru: As many as 73% consumers across age demographics prefer active retail experiences such as bowling, amusement parks, play zones, escape rooms, and rock climbing, as per a joint report by real estate consulting firm CBRE and Invest India, the country’s official investment promotion and facilitation agency. Amusement parks and bowling alleys rank as the most popular experiences that comsumers have participated in at least once, unlike newer activities such as trampoline parks, escape rooms, or AR / VR experiences, which have only recently gained popularity in India. Children’s play zones have also witnessed a surge, including arcade gaming. Relatively smaller portion of consumers favours passive experiences such as immersive art, art fairs, museums, and theatre. “The entertainment sector’s growth is redefining retail real estate in India,” said Anshuman...

Mukesh Bansal unpacks AI’s role in retail at PRC 2025

In the thought-provoking fireside chat, Bansal offered sharp insights into the opportunities and challenges AI presents for both emerging and established brands Mumbai: On the first day of Phygital Retail Convention (PRC) 2025, India’s foremost retail intelligence gathering, Mukesh Bansal, the renowned entrepreneur and Founder of Myntra , Cure.fit , and Nurix —shared compelling insights into the transformative role of artificial intelligence in the retail sector. In the thought-provoking fireside chat titled ‘AI in Retail’, hosted by by Anish Trivedi, President & CEO of Alenka Media , Bansal explored how AI is revolutionising everything from consumer engagement and personalisation to inventory management and operational efficiency.  Drawing from his vast entrepreneurial journey, Bansal offered sharp insights into the opportunities and challenges AI presents for both emerging and established brands. As India continues to assert itself as the world’s fastest-growing retail...