Japan’s Furniture Retailer Nitori Enters India, Opens Store In Mumbai
The brand’s debut in India is part of its vision is to operate 3,000 stores and achieve sales of 3 trillion yen by 2032
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Retail
WoodenStreet Expands Retail Presence, Opens Mega Store In Pune
- by BW Retail World Bureau
- February 12, 2024
WoodenStreet, a furniture brand, has launched of its seventh physical store in Creaticity Mall in Pune. The new launch spans across an area of 5000 sq. ft. The company aims to get closer to its customers and strengthen its foothold in Pune. With its new store, WoodenStreet plans to showcase a wide range of furniture […]
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Finance
News
Pepperfry Registers 10% Revenue Increase, Cuts Losses
- by BW Retail World Bureau
- December 12, 2023
Furniture brand Pepperfry reported a revenue of Rs 272.3 crore in the fiscal year ending March 2023, reflecting a modest 10 per cent growth, signalling success in its omnichannel expansion strategy. Despite a marginal increase in total expenses to Rs 474 crore, the Mumbai-based firm narrowed its losses to Rs 187.6 crore from Rs 194 […]
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E-commerce & Marketplaces
News
Amazon Targets $20 Bn Merchandise Exports From India By 2025
- by BW Retail World Bureau
- November 18, 2023
Amazon is targeting merchandise exports worth USD 20 billion from India by 2025 by adding thousands of small sellers to its e-commerce platform, a company official said on Friday. “We are very encouraged by the number of entrepreneurs who signed up this year. We are looking to scale up,” Bhupen Wakankar, director of global trade, […]
Feature
News
Decorative Lighting, Artistic Sculptures Light Up Festive Season
- by Amisha Sharma
- October 30, 2023
The festive season is the peak period for home decor retailers, as they usually witness a substantial surge in sales, sometimes doubling or even tripling their regular numbers. According to the retailers, these sales are often driven by customers planning major home makeovers, hosting parties, or purchasing new properties during festivals As the festive season […]