MONDAY, 12 OCTOBER 2026

Daily briefing

Monday, 12 October 2026

Festive tills ring, quick-com slows claims, value fashion scales

Delhi desk, 12 October 2026. Early festive GMV hits hard while DMart and Zudio keep adding floorspace and quick-commerce platforms dial back speed talk after labour ministry heat.

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  1. Retail

    DMart Q2 profit ₹743 crore, 15 stores

    Network reaches 518 as revenue grows 18% but wages bite.

  2. Retail

    Zudio hits 1,000 stores milestone

    Trent pushes deeper into smaller cities ahead of festive peak.

  3. Ecommerce

    Blinkit Zepto scrap 10-minute claims

    Safety talks force platforms to rewrite speed-led marketing.

  4. Ecommerce

    Festive GMV ₹24,000 crore in two days

    Phones lead as platforms record six-times normal daily sales.

  5. Retail

    Reliance 7-Eleven shut 60 stores

    Five-year convenience bet ends as kiranas and quick-com win.

  6. Ecommerce

    Amazon doubles festive orders on day one

    Premium phones and large appliances lead as shoppers stretch EMIs and exchanges.

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