Private Labels Gain Ground As Consumers Reassess Retail Choices: EY Report
The report states that 52 per cent consumers are switching to private labels, with 70 per cent agreeing that these brands are increasingly providing better quality products
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Bigbasket Targets 2025 IPO After Turning Profitable
- by BW Retail World Bureau
- March 6, 2024
Big Basket, an online supermarket owned by the Tata Group, plans to go public in 2025 after becoming profitable, the news agency PTI reported citing a top official. The Bengaluru-based firm, which is part of Tata Digital, will become profitable in the next 6-8 months after the newly announced ‘BB Now’ vertical begins to generate revenue, […]
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DealShare To Invest Rs 1,000 Cr In Local And Regional SME Brands
- by BW Retail World Bureau
- June 29, 2023
DealShare, a social ecommerce player, has announced a substantial investment of Rs 1000 crore in local and regional SME brands and its own Private Labels over the next 5 years. The company is looking to invest in 6 states namely Rajasthan, Haryana, Uttar Pradesh, Himachal Pradesh, Gujarat and Maharashtra. DealShare’s core ecommerce portfolio sources goods […]