Daily briefing

Saturday, 10 October 2026

Zudio 1000, festive premium rush, 7-Eleven exit

Delhi desk, 10 October 2026 dawn. Trent’s value chain hits four figures while platforms open festive on premium upgrades and Reliance walks from convenience. Merchants watch footfall and basket size into Navratri.

1. Retail

   Trent Zudio crosses 1000 stores

   Q2 revenue ₹5,788 crore, up 23%; total outlets hit 1,342.

2. Ecommerce

   Amazon Flipkart festive open strong

   Orders double at Amazon; Flipkart 6.3 million users; premium phones appliances lead.

3. Retail

   Reliance shuts 7-Eleven India stores

   Franchise ends; most of nearly 60 outlets to close after losses.

4. Retail

   Nykaa reaches 338 stores in Q2

   14 new outlets; beauty high-20s growth, fashion high-40s NSV expected.

5. Ecommerce

   Festive premium leaves value exposed

   Platform upgrades via EMI and exchange squeeze pure discounters this season.

6. Retail

   V-Mart flags Q3 price hikes on costs

   Value apparel chain signals MRP resets amid input pressure; watch private-label mix and tier-2 till rates.