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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Retail
DMart Q2 profit ₹743 crore, 15 storesNetwork reaches 518 as revenue grows 18% but wages bite.
Retail
Zudio hits 1,000 stores milestoneTrent pushes deeper into smaller cities ahead of festive peak.
Ecommerce
Blinkit Zepto scrap 10-minute claimsSafety talks force platforms to rewrite speed-led marketing.
Ecommerce
Festive GMV ₹24,000 crore in two daysPhones lead as platforms record six-times normal daily sales.
Retail
Reliance 7-Eleven shut 60 storesFive-year convenience bet ends as kiranas and quick-com win.
Ecommerce
Amazon doubles festive orders on day one
Premium phones and large appliances lead as shoppers stretch EMIs and exchanges.