Representative image V-Mart Retail Ltd on Tuesday reported narrowing down of its net loss to 57.99 crore for the September quarter. The company had posted a net loss of Rs 86.42 crore in the July-September quarter of the previous fiscal year, according to a regulatory filing from V-Mart, a value retailer. Its revenue from operations…
Representative Image With a slowdown in business amidst a poor demand environment for over five quarters now, retail chains like Pantaloons, Spencer’s Retail, Nature’s Basket have closed down more stores in 2023-24 than they opened new ones, leading to a drop in their total store count. Retailers like V-Mart Retail, W, Aurelia and Titan Eye+…
Lalit Agarwal, Founder & MD, V-Mart Retail, says the company is still a little away from the pre-COVID numbers on the same store sales. The company has taken some steps to provide the consumer the best fashion, the best product, the best prices and is working on bringing down the average selling price also and…
Paridhi Joshi, Assistant Vice President, FNP – Retail New Delhi: Gifting brand FNP (formerly Ferns N Petals) has appointed Paridhi Joshi as assistant vice president (AVP) – retail, it announced in a press release on Wednesday. Joshi comes with an experience of 14 years in the retail industry. She has previously worked with Mensa Brands,…
Gold sales on Dhanteras surged to a record on Friday amid a revival in growth across consumer products such as smartphones, televisions, home appliances and apparel, as well as restaurants, after more than a year during the ongoing festive season. Demand for gold in the country increased about 7.7% by volume to an estimated 42…
