Retail franchise
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Indian Retailer Bureau Oct 27 2021 - 2 min readThe FMCG sector in India has reported 36 percent increased sales in Q2’21 as compared to Q2’20. The packaged foods category has seen a significant decline in sales consistently, while the packaged staples segment saw an increase in the Q2 of 2021 as compared to 2020. After a heavily impacted pandemic period last year and ...
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Indian Retailer Bureau Oct 18 2021 - 2 min readReliance Industries Ltd's Reliance Brands Ltd (RBL) and famous designer Manish Malhotra have announced a strategic partnership to acquire a 40 percent stake in Malhotra's MM Styles Pvt Ltd. This is the first external investment for Manish Malhotra's brand, which has been privately held by the designer so far. The designer would continue to lead ...
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Indian Retailer Bureau Oct 15 2021 - 3 min readITC’s Engage, one of India’s top fragrance brands, announced the launch of an AI tool, Fragrance Finder, a technology-enabled experience that aids the selection of fragrances based on the consumer’s responses provided on personality, gender identity, and occasion of usage. A potential industry disruptive initiative, the current retail landscape for fragrance shopping requires testing and trying ...
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Guest Author Oct 11 2021 - 4 min readThe COVID-19 epidemic has all this while wreaked havoc on society, economies, and nations all over the world, affecting many areas of the economy. It has permanently changed consumer behaviour by squeezing all parts of our life. While for many of us, it has merely accelerated the adoption of existing powerful behaviours such as digitalization ...
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Indian Retailer Bureau Oct 06 2021 - 2 min readFuture Retail announced that it has terminated its two year old franchise agreement with 7-Eleven Inc in order to open and manage the global eponymous brand stores as a master franchise in India. "The termination has been with mutual consent as the Future-7 was not able to meet the target of opening stores and payment ...