Daily briefing
Friday, 30 October 2026
Trent Zudio hits 1,000 as Blinkit races stores
Delhi desk files at dawn on 30 October. Trent’s Q2 print and Zudio milestone set the tone for value fashion while Eternal lifts Blinkit’s dark-store target ahead of the festive close.
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Retail
Trent profit up 25% Zudio at 999Value chain opens 1,000th store, 85% new outlets outside metros.
Ecommerce
Blinkit target lifted to 3,500 stores2,751 outlets already live; smaller cities match metro order density.
Ecommerce
Meesho loss shrinks to ₹132 croreRevenue up 34% as Tier-2 orders and margins improve.
Platforms
Flipkart DAUs peak on festive day oneSmall towns drive 60% demand; two-day GMV hits ₹24,000 crore.
Retail
Hinterland stores now set the paceZudio and Blinkit prove next growth sits outside top cities.
Ecommerce
Meesho Q2 loss narrows to ₹132 crore
Revenue climbs 34% as smaller-town orders hold through the sale window.