Licious is aggressively expanding its physical store network, aiming for 80 outlets by year-end. This offline push is complementing its online business. The company is also focusing on achieving profitability and has deferred its IPO plans to 2027-28. Licious has also streamlined operations by shutting down its plant-based meat brand, UnCrave.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/licious-eyes-80-stores-by-year-end-offline-biz-nears-1/3-of-online-revenue/124547858
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/licious-eyes-80-stores-by-year-end-offline-biz-nears-1/3-of-online-revenue/124547858