Jubilant Foodworks, the operator of the fast-food chains Domino’s Pizza and Dunkin’, on Wednesday, reported a decline of 18.2 per cent in consolidated net profit to Rs 65.70 crore in the third quarter (Q2) ended December 2023 as against the net profit of Rs 80.36 crore in the same period of the previous fiscal, according […]
The retail industry anticipates a transformative year ahead with a focus on innovation, sustainable practices, and robust growth, driven by changing customer experiences, AI integration and more With a rollercoaster ride of large highs in 2023, the retail sector is set to begin a period of exciting growth driven by innovation and changing customer experience. […]
The year 2023 has proven to be a pivotal and transformative period for India’s ecommerce sector, marked by noteworthy shifts in consumer dynamics, technological innovations, and regulatory frameworks. As the industry reflects on the past year, key players across various domains within the e-commerce landscape unveil critical insights into the transformative trends that have defined […]
Mappletree Logistics Trust (MLT) has proposed to acquire a Grade A warehouse in Farukhnagar in the Delhi National Region (NCR) for USD 14.5 million for 900 million rupees, according to a report by a leading media house. The acquisition by MLT is expected to be completed in the fourth quarter of the financial year 2024 […]
The domestic direct-to-consumer (D2C) market is forecasted to experience a Compound Annual Growth Rate (CAGR) of 40%, reaching a Gross Merchandise Value (GMV) of USD 35 billion by 2027, according to a report by Redseer Strategy Consultants released on Friday. Third-party logistics providers (3PLs) are identified as significant beneficiaries of this growth. By 2027, the […]
Amazon India announced that the 7th edition of Prime Day was the biggest-ever Prime Day event. Thousands of sellers, brands and bank partners came together this Prime Day to offer Prime members big savings of around Rs 300 crores. Prime members enjoyed the fastest deliveries this Prime Day with the highest number of same-day deliveries. […]
