Franchise Business Opportunities In India

In an internal email sent to its employees, reviewed by ET, the company said, “...your role has been impacted as part of our transition from Bangalore to base locations.” It added that the affected employees will receive severance pay equivalent to two months of their salaries. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/grocery-delivery-startup-apna-mart-culls-10-of-staff-moves-base-to-gurugram/130879601

Zappfresh is in discussions to acquire a majority stake in GM Foods. This move aims to expand Zappfresh's product offerings. The company is also strengthening its presence in the frozen vegetarian snacks market. This potential deal follows Zappfresh's recent acquisitions. It signals Zappfresh's strategy to increase competition in the food delivery sector. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/zappfresh-in-talks-for-majority-stake-in-gm-foods/130843839

“At Croma, our expansion into the healthcare and fitness segment is centred on building a comprehensive portfolio of advanced wearables and preventive health technologies… This includes smartwatches, fitness trackers and smart rings, with a clear focus on products that go beyond basic tracking to deliver deeper, personalised insights,” said Shibashish Roy, CEO and MD, Infiniti Retail. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/croma-bets-on-health-tech-push-brings-in-smart-rings-partners-oura/130822112

US video game retailer GameStop made a takeover bid on Sunday to buy eBay for about $55.5 billion in an attempt to turn the online marketplace into a competitor to e-commerce giant Amazon. "It could be a legit competitor to Amazon." from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/gamestop-makes-56-billion-takeover-bid-for-ebay/130815723

The maker of Maggi noodles, Nescafe and KitKat struck a cautious note, saying it will "wait and watch" as "nobody can predict the situation two months down the line" amid "geopolitical tensions, some concerns around the monsoon", and fluctuating commodity costs. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/nestle-india-looks-for-volume-led-growth-despite-price-volatility-amid-geopolitical-uncertainties/130746204

Raju Antony Pullan, head of Samsung India's mobile phone business, has resigned. Pullan, a senior vice president, served the company for 18 years. He was responsible for sales, marketing, and all smartphone business functions. The Korean giant has not yet announced his successor. Samsung faces pressure in the mobile market, having lost leadership to Chinese brands. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/mobiles/samsung-india-mobile-head-raju-antony-pullan-resigns-after-18-years/130673850

Amazon Now's quick commerce orders are experiencing 25% month-on-month growth, with Prime members tripling their shopping frequency. The company plans to expand the service to 100 cities, supported by over 1,000 micro-fulfillment centers, as part of a significant investment in Indian infrastructure. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/amazon-now-orders-growing-25-month-on-month-ceo-andy-jassy-in-q1-earnings-call/130624885

Adidas, the iconic German athletic apparel company, has kicked off the year on a high note, revealing first-quarter results that have left analysts thrilled. Operating profits soared beyond expectations, thanks to strong consumer appetite for their products, even as they faced hurdles in particular regions. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/footwear/adidas-reports-strong-first-quarter-sales-and-profit-despite-very-volatile-market/130599729

Quick commerce firms are facing a shortage of delivery partners due to intense heatwaves. Companies are offering extra pay to keep riders working during peak heat hours. Demand for summer essentials like ice cream and fans is surging. Brands are increasing production and cold storage to meet this demand. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/quick-commerce-firms-face-heat-as-riders-stay-off-peak-hours/130595336

House of Chikankari, a women-led ethnic wear brand, has secured Rs 25 crore in Series A funding. This investment will fuel expansion of its product range and sales channels. The brand plans significant investment in offline retail over the next 18-24 months. It aims for 2-3x growth in the coming years through product and channel diversification. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/house-of-chikankari-raises-rs-25-crore-in-series-a-eyes-3x-growth-with-offline-foray-and-omni-channel-push/130561665