So, why another website for Retail?
Whenever I wanted to look up about a Consumer Brand in Fashion or FMCG, Retail chain or regional behemoth, the only solace was “Google”.
While I looked up for one particular information, the site would throw up so many interesting information that after a while, I would wonder what did I first came looking for. Time would have elapsed, still I wouldn’t have got what I came seeking…
Thus, “Retail Updates” was born first in my mind and it took me a fortnight to put the initial website together in June 2021, all by myself while searching for latest industry anecdotes and my own analysis of key industry impacts, including listed companies as well as small time players.
I have been writing my views on Retail for the past 19 years, so this portal is a natural extension to that extent, just that this would carry a lot more information than what is already being covered (or not adequately covered, perhaps) on the world wide web and beyond. News and Views, as they are, without mincing words, just how I am used to be in real life.
My intention is to gather and offer as much information as possible about consumers, retail brands and retailers. From India and beyond. This is just a beginning.
PS: E&OE – meaning Errors and Omissions expected. I am not a Media moghul, nor a seasoned journalist like many of you out there. Rather, I am a Retailer by Profession and Choice since 1997.
So, views expressed here are absolutely mine and I try my best to remain unbiased and call things spade as they are. But do let me know if there are any inadvertent errors or mistakes and happy to correct.
Afterall, today is my first day in Retailing. Every day is. Thanks for passing by.
S. Shriram,
Editor in-Chief, Retail Updates.
Of the Industry, For the Industry, by an Industry veteran.
TVS Motors to launch premium retail channel – Paddock
India’s leading automobile company TVS Motors has announced the launch of TVS Paddock, to create exciting and engaging brand worlds through community, experiences, merchandise, accessories and multiple collaborations.
Edible Oil pack sizes to be standardised
The Indian Union Government has released Standard Operating Procedure (SoP) of pack sizes for edible oils.
Amazon NOW to treble its dark stores network in 18 months
World’s largest e-commerce company Amazon’s Director of Amazon Fresh Srikanth Sree Ram, said that the orders on Amazon Now are growing 25% month on month and the company is opening a new MFC every 2 days.
GoColours SSSG drops 3.4% for FY 26
Revenues of India’s leading accessories brand Go Colors remained flat at INR 838 Cr over the previous year, while Net Profit dropped 37% over the previous FY to INR 59 Cr., due to a SSSG drop of 3.4% year on year.
Korean band BTS’ ARIRANG now available at Shoppers Stop
India’s leading department store chain Shoppers Stop has created curated spaces at its stores that will allow customers to engage with the latest album ARIRANG by BTS through immersive displays, photo opportunities, and a BTS-inspired environment, bringing fans closer to the music and the moment.
Kriti Sanon onboards and invests in Giva Silver Jewellery
The brand launched in 2019 with early backing from micro-VCs and prominent angel syndicates has till date raised over INR 1,400 Cr., valuing itself at INR 4,400 Cr., has onboarded Bollywood diva Kriti Sanon as an Investor and a brand Ambassador.
Biyanis-led Galaxy Supermarkets makes strides in grocery retail
Starting small and focussing on micro markets, especially Tier 2/3 towns, Galaxy Supermarkets has had a wonderful start indeed recording profits in its first full year of operations.
UP registered 10,200 two-wheelers a day; MH registered 1,833 cars a day in FY 25-26
Electric Passenger cars registered for FY 21-22 was less than 20,000 units. By end of FY 25-26, this has grown to almost 2 lakh units.
Bobakat raises $0.6 Mn in Pre-series A Funding
Leading bubble tea brand Bobakat, heavily tailored toward Gen Z and young urban professionals, leaning into “main character energy” with bold red-and-grey aesthetics, vibrant murals, and a playful mascot named Katto, has raised INR 6 Crores
Indicus Paints unveils Neotė, Luxury Paint inspired by Tamil Cultural Heritage
India’s fast growing paint brand Indicus Paints has announced the launch of Neotė Luxury Interior Emulsion, a first-of-its-kind luxury paint brand in India inspired by the rich artistic and cultural heritage of Tamil Nadu.
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