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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

D2C fast-fashion brand TIGC betting big on offline expansion, sets sights on global markets

The Indian Garage Co. (TIGC) has entered into offline retail with plans to establish 100 stores over two years. Adopting a COCO model initially, the firm will later expand through franchises. TIGC aims for profitability and sustainable growth, with future plans to enter international markets and diversify its product categories. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/d2c-brand-tigc-betting-big-on-offline-expansion-sets-sights-on-global-markets/116801641

Curefoods buys distribution rights for Krispy Kreme from Landmark Group

This acquisition is part of a larger deal in which Landmark Hospitality Services has invested an undisclosed amount in Curefoods' recent USD 40 million fundraise. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/curefoods-buys-distribution-rights-for-krispy-kreme-from-landmark-group/116817793

Gig worker demand set to rise sharply on New Year’s Eve

While New Year's Eve is among the best days in a year for food delivery platforms, quick commerce and dining out categories also witness a surge in consumption on this day. During this high-demand period, delivery platforms offer incentives for gig workers to operate. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/gig-worker-demand-set-to-rise-sharply-on-new-years-eve/116814559

ETtech State of Startups survey predicts revival in private funding, more IPOs in 2025

Indian startups are predicting increased private funding and tech IPOs for 2025. Industry leaders foresee a shift towards profitability and public listings, with many startups preparing for IPOs. VC interest in AI, consumer brands, and deep tech remains high. Startups expect less restructuring and emphasise corporate governance amidst evolving regulations. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/ettech-state-of-startups-survey-predicts-revival-in-private-funding-more-ipos-in-2025/116782577

Leadership shakeups of 2024: Key appointments driving change across the retail industry

2024 has witnessed significant leadership changes in the retail industry, including appointments of Noel Tata at Tata Trusts, Bina Modi at Godfrey Phillips, and Samir Kumar at Amazon India. These leaders aim to drive innovation, enhance efficiency, and achieve growth in their respective domains. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/leadership-shakeups-of-2024-key-appointments-driving-change-across-the-retail-industry/116760860

Indian paint sector faces margin squeeze amid intensifying competition: Report

Revenue growth for long-established players such as Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel, and Indigo Paints moderated to 4 per cent in FY'24, significantly lower than the 14-15 per cent CAGR recorded between FY'19 and FY'23, CareEdge Ratings said in its study. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/home-and-decor/paints/indian-paint-sector-faces-margin-squeeze-amid-intensifying-competition-report/116730375

Kolkata-based FMCG firm Ganesh Consumer Products files DRHP for IPO

Ganesh Consumer Products Limited has filed a DRHP with SEBI for an IPO. They plan to raise Rs 130 crore and sell 12.44 million shares. Funds will be used for repayment of borrowings and setting up a new manufacturing unit. The company, known for its Ganesh brand, has a strong presence in East India. 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/kolkata-based-fmcg-firm-ganesh-consumer-products-files-drhp-for-ipo/116714621

Godfrey Phillips appoints Siddharth Chawla as new COO

Godfrey Phillips India will appoint Siddharth Chawla as its new Chief Operating Officer from January 7, 2025. Chawla brings 24 years of experience from companies like ITC, Udaan, and Pharmarack Technologies. His expertise includes developing strategies, new business systems, and leading teams in complex environments. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/godfrey-phillips-appoints-siddharth-chawla-as-new-coo/116672346

Grocers are trying new strategies to handle increased demand for online orders

The COVID-19 pandemic has surged online grocery app downloads, pressuring grocers to fulfill growing demands. Amazon and Kroger implemented measures like retraining workers and converting stores to pickup-only models to increase efficiency. OpenTable aids in-store shopping by facilitating time slots, highlighting the need for improved online grocery fulfillment. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/grocers-are-trying-new-strategies-to-handle-increased-demand-for-online-orders/116678811

Swiggy plans to onboard 1 lakh women delivery partners by 2030 #wanitaxigo