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QSR GROWTH 2023
Retail sector logs 10% growth in August on stable consumer demand: RAI surveyMumbai's retail sector recorded a 10 per cent year-on-year growth in August, building on previous months. Regional growth remained consiste...- This beloved US pizza chain is shutting up to 50 restaurants after losing millions and more closures could followPapa Murphy restaurant closures: Papa Murphy's parent company, MTY Group, will close up to fifty underperforming corporate locations. These...
- Wow! Momo enters instant noodles market with cup noodles, eyes Rs 100 cr revenue in 2 yrsWow! Momo, a leading homegrown QSR chain, has launched Wow! Noodles, entering the instant noodles market with a variety of Asian and Indian...
- Retail sales in June 2024 show 5% growth compared to last yearRAI noted a 5% retail sales rise in June 2024 over June 2023. CEO Kumar Rajagopalan cited 7% growth in South India; QSR up 8%. Growth by re...
- Retailers report only 3% growth in sales in MayRetail businesses across regions have indicated growth in sales compared to May 2023, with South India showing the highest increase at 4%, ...
- Starbucks’ FY24 losses widen to Rs 81.84 crore for India operationsOf its total loss, Tata Consumer bore Rs 40.91 crore. This is a significant increase compared to the previous year, when Starbucks reported...
- Retailers report 4% growth in sales in April 2024Retail sales in April 2024 increased by 4% compared to April 2023, according to a survey by the Retailers Association of India. However, th...
- Ashish Kacholia picks up 17% stake in largest homegrown burger chain JumbokingAce investor Ashish Kacholia has picked up a 17.2% stake in homegrown burger chain Jumboking for an undisclosed amount, becoming its second...
- Retailers report 5% Y-o-Y growth in FebruaryIn February 2024, retail sales increased by 5%. Sports goods, footwear, and QSR showed growth. East India weakened, while CDIT products fac...
- Retailers report 5% Y-o-Y growth in JanuaryRetail sales in January 2024 grew by a mere 5% compared to January 2023. Despite the festive season, growth in October and November was onl...
- December 2023 retail sales in India grow by 4%, marking a slow quarter despite festive seasonIndia's retail sales in December 2023 grew by a modest 4% compared to the same period in 2022, with October and November showing 7% growth,...
- Market likely to deliver a high single digit or low double digit return in 2024: Madanagopal Ramu“India growth story is continuing and there were concerns on a widespread NPA cycle increasing probably in second half but that may not be ...
- Domino's gaining share from local rivals, says CEO Russell Weiner"A large, fragmented category offers significant growth opportunity," Russell said in a presentation during the company's Global Investor D...
- Retail sales grows by 9% in September 2023According to a survey by the Retailers Association of India (RAI), retail sales in September 2023 increased by 9% compared to the same peri...
- Retail sales grew by 9% in August, says Retailers Association of IndiaAccording to a survey by the Retailers Association of India (RAI), retail sales in August 2023 grew by 9% compared to the same period last ...
- Retailers report 6% growth in April 2023Retailers across the country have reported a moderate growth of 6% in April 2023 as compared to the sales levels during the same period in ...
- ICRA projects 20-25% growth for India's quick service restaurant industry in FY24"On the back of a robust industry revenue expansion of around 30-35 per cent in YoY terms estimated for FY2023, ICRA projects growth to mod...
- These industries still hold promise for startups in India in 2023As the Indian startups ecosystem goes through a churning as VCs squeeze funds, certain industries such as quick service restaurants (QSR), ...
- Robust FMCG uptick could boost consumer small-capsSapphire Foods, Barbeque-Nation Hospitality, Mrs Bectors Food, and V-Mart are among the brokerage's top picks among smaller consumer compan...
- QSR leads food service industry with 19.95 lakh outlets; food delivery market expected reach $18.1 billion by FY25 - ReportThe rise of digital technology, with greater penetration of internet and smartphone use are driving major changes in the online delivery ma...
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