GRT seals TBZ, Zudio holds line, Croma turns

Delhi desk, 1 September 2026. Jewellery consolidates overnight while value fashion and electronics clean house ahead of the festive window. Merchants watch store counts and ticket sizes, not slogans.

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Retail
GRT buys 74% TBZ for ₹1,034 cr
Chennai jeweller takes control of 37-store TBZ network and triggers open offer.
Retail
Zudio drives Trent to 16% growth
Sub-₹999 tickets and weekly drops keep value format ahead of premium peers.
Retail
Croma turns ₹159 crore profit
Infiniti Retail shuts 35 stores, plans 45 new ones after first operational profit.
Ecommerce
Nykaa revenue jumps 25% to ₹7,374 cr
Owned brands and Nykaa Now power nine-month growth ahead of festive.
Retail
Value fashion resets the price ceiling
Zudio economics force premium players to defend traffic before festive.
Retail
Jio Platforms clears Sebi for IPO
Reliance digital arm gets nod for India’s biggest listing; retail omni-channel funding watch begins.

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