WEDNESDAY, 21 OCTOBER 2026

Daily briefing

Wednesday, 21 October 2026

Zudio hits 1,000 as Reliance exits 7-Eleven

Delhi desk flags value fashion scale and convenience retreat this festive window. Small-town clicks and dark-store scrutiny set the till tone for merchants.

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  1. Retail

    Trent Zudio hits 1,000 stores

    Q2 revenue climbs 23% to ₹5,788 crore as network reaches 1,342 outlets.

  2. Retail

    Reliance shuts 7-Eleven network

    Nearly 60 stores close after five-year franchise posts heavy losses.

  3. Ecommerce

    Flipkart festive traffic hits 6.3 million

    Small-town and first-time buyers power opening day across Flipkart Amazon Meesho.

  4. Platforms

    FSSAI penalises quick commerce platforms

    Amazon Flipkart Zepto Instamart face action after dark-store food safety lapses.

  5. Retail

    Value fashion hollows mid-market

    Zudio scale and copycats leave traditional mid-price apparel with shrinking till share.

  6. Retail

    Nykaa flags high-20s GMV growth in Q2 beauty fashion

    Platform adds 250 brands and sees Nike exclusive traction as festive beauty baskets build.

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