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Indian manufacturers see softer increases in new business, output in August: PMI
In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …
PTI
IPO Mania on D-Street to continue in October-November; Hyundai, Swiggy look to raise Rs 60,000 crore
As per reports, the Indian markets can expect around 30 IPOs before the end of 2024. The biggest of…
Baazar Style Retail IPO allotment – How to check allotment, IPO GMP, listing date and more
Kolkata-based Baazar Style Retail, a fashion retailer that sells apparel for men, women, boys and g…
America's shopping spree is over and retailers are facing a new world of cautious consumers
76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…
Jennifer Sor
Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil
Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…
ANI
'Strong' Walmart results come as a relief for the retail sector
Walmart posted better-than-expected sales for its second quarter and raised its profit outlook, sen…
Grace Dean
Baazar Style Retail shares make flat market debut; list at par with issue price
Later, it jumped 7.18 per cent to Rs 416.95 on the BSE. At the NSE, shares of the firm surged 7…
PTI
Retailers are highlighting two very different realities emerging among squeezed US shoppers
While Walmart, T.J. Maxx, and Nordstrom say middle-income shoppers are still spending, Dollar Gener…
Alex Bitter
Realme 13 Pro and Realme 13 Pro+ launched in India starting at ₹26,999
Realme today launched two new mid-range smartphones in its Realme 13 series, dubbed the Realme 13 P…
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which…
Dominick Reuter
Retail auto sales grow by 13% in February, but elevated inventory levels a concern
The Indian auto industry reported a 13% growth in sales in February 2024, with all the segments rep…
Even retail's biggest comeback story isn't safe from economic worries
Abercrombie & Fitch's stock fell despite positive earnings after its CEO warned of economic uncerta…
Grace Eliza Goodwin
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
Gen Z's love of discount stores could send these 3 retail stocks soaring as much as 18%, Bank of America says
Amid high inflation, Millennials and Gen Z are increasingly shopping at TJ Maxx, Burlington, and Ro…
Kelly Cloonan
Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report
The organised jewellery sector, which accounts for just over a third of the overall market, is pois…
ANI
Tesla's unique approach to sales is giving it headaches
Tesla's sales conundrum represents a common mistake tech companies make: pushing for innovation in …
Dan DeFrancesco
GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile
GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rat…
Matthew Fox
Decathlon to invest 100 million euros in India in next 5 years to expand retail, manufacturing
The company plans to have a network of 190 stores, having presence in over 90 cities in next 5 …
PTI
Moto G85 5G with Snapdragon 6s Gen 3, 5,000mAh battery launched starting at ₹17,999
Motorola today announced the launch of the Moto G85 5G, the company’s latest offering in its Moto G…
Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report
The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…