Poles rushed to the shops in June as low unemployment and rising wages drove double-digit growth in retail sales, analysts said.
Footwear major Bata India, which is focusing on "aggressive launch" of new products, plans to add around 100 new retail stores and 50 franchises across the country in 2018, an official said.
State-owned fuel retailers IOC and BPCL as well as billionaire Gautam Adani's group were the top bidders for gas retailing licences in the country's biggest city gas distribution (CGD) bid round.
British retail sales grew by the most in over a decade in the second quarter of 2018, official data showed, giving the Bank of England reassurance shoppers had shaken off a sluggish start to the year as it considers raising interest rates.
Inflation based on wholesale prices, which touched a 4-yr high in June, seems to have peaked for financial year, and is expected to glide down to around 4.1% by Mar 2019, says a report.
U.S. retail sales rose solidly in June, boosted by increases in purchases of motor vehicles and a range of other goods, cementing expectations for robust economic growth in the second quarter.
Brick and mortar retailer Shoppers Stop is betting big on an omni-channel retail strategy -- a combination of physical stores and online site -- to grow its business and aims to be completely debt-free by the end of this fiscal.
US-based networking leader Netgear on Tuesday announced its tie-up with Singapore-based IT product distributor Kaira for the Indian market.
Trade war was the buzz word last week with U.S. imposing higher tariffs on Chinese imports since Friday and the Chinese govt retaliating within hours to impose higher tariffs on goods imported from America.
The hike in minimum support price (MSP) of 14 summer crops can increase retail inflation by 73 basis points, depending upon the level of procurement, an SBI report said.