Neither rocking nor shocking, auto sales leading up to Diwali bring no cheer to industry

3 months ago
Retail car sales during the week before Diwali — which account for 2530% of the total sales for the year — grew by 1214%, well short of almost the 20% growth reported by the industry during the same period last year. By: Malyaban Ghosh Published:  ... ...

Retail stocks land knockout punch to heavyweights

3 months ago
Stocks of retail companies such as Future Retail, Avenue Supermarts, and Shoppers Stop have emerged as the biggest performers on the stock exchanges this year. The BS Retail Index has risen 167.3 per cent since the beginning of the current year, the  ... ...

GST dims festive sales of small traders but brightens it for etailers, auto and travel firms

3 months ago
Sales during the first festive season after goods and services tax (GST) have been mixed with small traders witnessing a slump of 40%, travel remaining flat, automobiles continuing to be in the "bright spot" and online retailers seeing a surge of over ... ...

Flipkart bets on offline retail, may buy stake in Future Lifestyle Fashions

3 months ago
India's largest ecommerce marketplace Flipkart is looking to follow in the footsteps of its global rival Amazon and acquire stake in Future Lifestyle Fashions, one of the country's leading offline fashion and lifestyle retailers. Last month, the US ... ...

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