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OFFLINE SALES SURGE
Ecommerce isn't adding much to Retail Inc's cartAn ET analysis of eight major retailers-market leader Reliance Retail, Shoppers Stop, Westside, Arvind Fashions, DMart, Spencer's Retail, P...- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...
- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- For a match made in retail heaven, friction on earth can be realQuick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FM...
- Beyond fast-moving CGs for quick-comThe quick commerce sector for consumer goods in India is on an impressive growth trajectory, but it grapples with daunting challenges. Comp...
- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- Can Honasa shares rally up to 57% after strong Q4 show? Jefferies, CLSA & two other brokerages weigh inHonasa Consumer shares surged over 11% on Friday after a strong Q4 FY26 performance, with brokerages including Jefferies, CLSA, ICICI Secur...
- D2C brands feel the pinch as consumers cut spendingRising input costs and shrinking demand are squeezing smaller brands, with consumer spending projected to drop 5-6% next quarter. D2C brand...
- UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
- Lumio eyes Series A round after $4 million seed fundingLumio, a new home entertainment firm, plans to raise more funds. The company, started by ex-Xiaomi and Flipkart staff, already secured $4 m...
- Apple to open 2nd Mumbai store in Borivali on February 26Apple is opening its sixth store in India. The new store will be in Borivali, Mumbai, on February 26. This marks Apple's second store in Mu...
- Festive season trade to cross Rs 5 lakh crore as offline sales surge, says CAITAnticipations for this festive season's trade have skyrocketed, expected to surpass five lakh crore rupees, as brick-and-mortar markets thr...
- D2C brands see 64% surge in festive orders, outperforming marketplaces: GoKwikD2C brands have outpaced marketplaces during the recent festive sales, witnessing a 64% growth in orders compared to 26% on marketplaces. C...
- Offline smartphone sales surge in March quarter as buyers seek premium feelRising offline sales come amid strong demand for premium handsets where the touch-and-feel experience is crucial for customers before purch...
- Convenience factor drives online sales of mobile phones, FMCG productsWhile the second wave of Covid-19 was a contributor to this surge as consumers largely avoided venturing out and most physical stores were ...
- Xiaomi, Realme says potential of offline sales post Covid-19 intact; consumers may change buying habitBoth Xiaomi and Realme said they will restructure their product plans and portfolio this year with the change in buying habit.
- Smartphone companies bring in parity in online, offline discountsGST was rolled out on July 1. Promotions by Amazon and Flipkart have generated demand, said Brian Bade, CEO of Reliance Digital, the countr...
- Paytm processes Rs 220 crore payment from retailersThe Alibaba-backed company registered three-time surge in payment transactions across offline partner stores during its 12/12 Cashfree Fest...
- Sales of consumer appliances surging, both online and offlineHowever, a rise in domestic manufacturing is expected to keep price increases for appliances under check due to savings on import duties an...
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