Welcome Page

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, 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 14 years, so this portal is a natural extension to that, just that this would carry a lot more information than what is already available in the net. My intention is to get as much information as possible about consumers, retail brands and retailers. From India and beyond.

PS: E&OE – meaning Errors and Ommisions expected. I am not a Media moghul, nor a seasoned journalist. 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.

For the Industry, by the Industry.

Latest Posts

Ethos Q3 reflect Consumer Optimism

India’s largest premium watches retail chain “Ethos” announced Q3 FY 22-23 results on 3 Feb. ‘23. The numbers are reflective of the current mood of the aspirational class of consumers in India which has been on a spending spree. Q3 typically has the most number of weddings, though 2022 was a bit different. Still, Revenue…

Manyavar parent SSSG grows 47% over FY20

Though there were significantly fewer Muhurats and lesser number of weddings during Q3 FY 22-23, Vedant Fashions, which owns and operates brands such as Manyavar, Mohey, Mebaz, Twamev and Manthan reported healthy growth in its revenues, Gross Margins, EBITDA and PAT. The company operates 640 Exclusive Brand Outlets in 242 cities in India and abroad.…

PVR opens at Chennai Airport

Airport privatisation process began in 2004 during the UPA rule when the former Prime Minister of India Shri. Manmohan Singh of the Indian Congress Party came to power. In 2006, the existing assets of Mumbai and Delhi Airports were given to GMR Group and GVK group respectively to redevelop. New greenfield airports would come up…

Reliance Retail reports Rs. 67,000 Cr Q3 revenues

Coupled with a buoyant spending economy during the festival and wedding season across the country, Reliance Retail reported Rs. 67,623 Cr in total revenues for Q3 FY 22-23, a growth of 17% YoY, the company reported its Financial results on its website. The conglomerate added 789 stores during the three month and reported a 32%…

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