Aditya Birla Fashion and Retail posts highest ever Q1 sales with 39 percent revenue growth over pre-COVID levels; EBITDA grew 51 percent over the period to Rs 500 crore

ANI | Updated: Aug 06, 2022 11:52 IST Mumbai (Maharashtra) [India], August 6 (ANI/NewsVoir): Performance Highlights1. Momentum from H2 last year continued in Q1 as consumer confidence improved leading to traffic growth across businesses and channels.a. Revenue grew by 39 per cent over pre-COVID levels to Rs 2875 crore.2. Q1 Consolidated EBITDA for the quarter … Read moreAditya Birla Fashion and Retail posts highest ever Q1 sales with 39 percent revenue growth over pre-COVID levels; EBITDA grew 51 percent over the period to Rs 500 crore

National Retail Federation releases new numbers on back-to-school spending

National Retail Federation releases new numbers on back-to-school spending Source link

RIL’s retail arm on a hiring overdrive

Reliance Retail Ventures Ltd, the group’s retail holding company, is also trying to fill 60,000 junior to mid-level positions over the next three quarters, many of them at its outlets. The hiring plans come at a time the retail business has tied up with several global brands, opened new outlets and plans to open many … Read moreRIL’s retail arm on a hiring overdrive

Solana Foundation Opens Retail Outlet in Hudson Yards

The team behind Solana is opening a permanent physical retail space dedicated to all things related to its cryptocurrency. The Solana Foundation has opened Solana Spaces at the Shops, an upscale mall located at Hudson Yards in Manhattan. Despite appearing like any other high-end retail store, it accepts cryptocurrency and features an NFT gallery, highlighting … Read moreSolana Foundation Opens Retail Outlet in Hudson Yards

Food Retail Market – Global Upcoming Trends, Growth Drivers, Opportunities and Challenges – World News Report

NEW YORK, NEW YORK, UNITED STATES, July 26, 2022 /EINPresswire.com/ — According to a new market report published by Persistence Market Research “Global Market Study on Food Retail: Supermarkets/hypermarkets Segment To Witness Highest Growth by 2022,” the global Food Retail market was valued at USD 5,643.6 billion in 2013 and is expected to grow at … Read moreFood Retail Market – Global Upcoming Trends, Growth Drivers, Opportunities and Challenges – World News Report

FrieslandCampina half-year results lifted by higher dairy costs, retail hit by inflated raw material prices

20 Jul 2022 — In its newly released half-year results for 2022, dairy giant FrieslandCampina’s Food & Beverage business group performance benefitted from the recovery of the European out-of-home markets and high butter market prices. However, margins in the retail channel were under pressure from the significant rise in the cost of … Read moreFrieslandCampina half-year results lifted by higher dairy costs, retail hit by inflated raw material prices

ANZ accelerates Australia Retail and Commercial

Highlights: Acquisition of Suncorp Bank from Suncorp Group Limited for a purchase price of $4.9 billion.[1],[2] Suncorp Bank will continue to be led by CEO Clive van Horen who will report to ANZ’s Chief Executive Officer and join ANZ’s Executive Committee post completion. Suncorp Bank to initially operate under its existing Authorised Deposit-taking Institution licence … Read moreANZ accelerates Australia Retail and Commercial

Retail Samvad: Industry Leaders Advocate For An Industry Sta…

(MENAFN– NewsVoir) New Delhi, Delhi, India In continuation of its efforts to future-proof small retailers, Kiranas and MSMEs through constructive policy-making, the Federation of Indian Chambers of Commerce & Industry (FICCI) and the Center of Policy Research and Governance (CPRG) India in association with METRO Cash & Carry organized a multi-stakeholder conference, ‘ Retail Samvad … Read moreRetail Samvad: Industry Leaders Advocate For An Industry Sta…

Honey Labs continues to build upon American manufacturing capabilities with a focus on custom branding options for retail partners – World News Report

Starting straight out of the garage only a few years ago, Honey Labs is a young company that has been manufacturing wooden concentrate accessories using locally sourced lumber with keen attention to detail in the heart of America. /EIN News/ — Masury, OH, July 12, 2022 (GLOBE NEWSWIRE) — The company has recently announced plans … Read moreHoney Labs continues to build upon American manufacturing capabilities with a focus on custom branding options for retail partners – World News Report

Ground broken for new retail center on Peachtree City’s southside

On Thursday, July 7th, officials broke  ground for the Peachtree City Town Pantry that will be located on the corner of Ga. Highway 74 South and Rockaway Road in Peachtree City. This project will be a 9,976 sq. ft. wood-framed multi-tenant building to include a convenience store, Shell fuel station, Dunkin’ Donuts, and up to … Read moreGround broken for new retail center on Peachtree City’s southside

Retail Market In Indonesia | Expansion Of Retail Landscape T…

NEW YORK, July 6, 2022 /PRNewswire/ — The Retail Market in Indonesia is notable driven by the expansion of the retail landscape . The market size is expected to grow by USD 44.13 billion during the forecasted period at a CAGR of 4.6% during the forecast period. This report extensively covers retail market segmentation in … Read moreRetail Market In Indonesia | Expansion Of Retail Landscape T…

Michael Burry’s Latest Warning on Bullwhip Effect and 10 Retail Stocks to Watch

In this article, we discuss Michael Burry’s latest warning on the bullwhip effect and 10 retail stocks to watch. If you want to read about some more retail stocks to watch, go directly to Michael Burry’s Latest Warning on Bullwhip Effect and 5 Retail Stocks to Watch. Michael Burry, the legendary investor of The Big … Read moreMichael Burry’s Latest Warning on Bullwhip Effect and 10 Retail Stocks to Watch

North Bergen opposes bill allowing mixed-use developments in office parks and retail centers

North Bergen officials have voiced opposition to pending state legislation regarding zoning, urging that the legislation not advance further. Mayor Nicholas Sacco and the North Bergen Board of Commissioners voted unanimously to approve a resolution at a recent June meeting. The aforementioned legislation is S-2103 in the New Jersey state Senate and A-1294 in the … Read moreNorth Bergen opposes bill allowing mixed-use developments in office parks and retail centers

The ‘Mini IPO’ – How Companies Are Raising Capital From Retail Investors Without Being Publicly Listed

Growing a business is hard, especially when they have limited access to capital. Thousands of businesses with the potential to make a positive impact on the world fail every year simply because they don’t have the capital to scale or sustain growth. Raising capital from friends and family can only take a company so far … Read moreThe ‘Mini IPO’ – How Companies Are Raising Capital From Retail Investors Without Being Publicly Listed

Retail group calls for in-store mask mandate to go

A retail lobby group says masks should no longer be mandatory in stores, but a health expert says New Zealand needs to toughen up on the policy or Kiwis risk getting sicker. Orange traffic light rules continue to mandate face coverings in stores, but Retail NZ’s chief executive Greg Harford told 1News that the mask … Read moreRetail group calls for in-store mask mandate to go

Jenelle Evans’ ex Kieffer Delp arrested for retail theft, criminal conspiracy

Jenelle’s ex, Kieffer Delp, was arrested earlier this month. Pic credit: Jenelle Eason/YouTube and MTV Teen Mom 2 alum Jenelle Evans’ ex-boyfriend Kieffer Delp has found himself in legal trouble once again. It’s been years since Teen Mom 2 viewers were introduced to Kieffer during Jenelle’s time on the series. The former couple — notorious … Read moreJenelle Evans’ ex Kieffer Delp arrested for retail theft, criminal conspiracy

Retail workers union owns empty $1.9 million condo

The powerful retail workers union headed by Amazon killer Stuart Appelbaum spent $1.9 million buying a luxury midtown condo that sits unoccupied. A subsidiary of the Retail, Wholesale and Department Store Union plunked down the cash for the two-bedroom condo at 325 Fifth Ave. in 2017, city records show. The 41-story building at 32nd Street … Read moreRetail workers union owns empty $1.9 million condo

ERC: UP, Meralco pact is pilot for power retail aggregation scheme

Electricity wires | INQUIRER.net stock photo MANILA, Philippines — The Energy Regulatory Commission (ERC) on Friday announced the start of its Retail Aggregation Program with an agreement between the University of the Philippines and Manila Electric Company (Meralco). ERC chairperson Agnes Devanadera said the Retail Aggregation Rules, a memorandum of understanding between UP and Meralco, … Read moreERC: UP, Meralco pact is pilot for power retail aggregation scheme

Judge rules Gorillas dark store is not a ‘retail outlet’ and must close

The Gorillas store ordered to close. Photo: S Boztas A ‘dark store’ from the fast delivery company Gorillas in Amsterdam’s De Pijp district has been ordered to close or face a €20,000 fine. It is the second warehouse for speedy delivery to fail to overturn a city order in court in recent months, as local … Read moreJudge rules Gorillas dark store is not a ‘retail outlet’ and must close