Daily briefing

Sunday, 6 September 2026

Jewellery deal, value fashion push, qcom squeeze

Delhi desk, 6 September 2026. GRT moves on TBZ as festive jewellery demand builds. Value formats and dark-store maths keep rewriting the shop floor.

1. Retail

   GRT locks 74% TBZ stake

   Combined stores hit 106 as festive season nears.

2. Retail

   Zudio powers Trent 16% rise

   Value format crosses 960 stores on rapid adds.

3. Ecommerce

   DMart Ready cuts to 11 cities

   Exits seven markets to defend metro unit economics.

4. Ecommerce

   Blinkit expands past metros

   Largest network now pushes into smaller cities.

5. Retail

   Jewellery M&A before festive

   GRT-TBZ shows mid-tier chains need scale now.

6. Retail

   Lenskart draws Nomura Buy, ₹888 target

   Brokerage flags store runway and vertical integration as eyewear chain cements lead.