Daily briefing
Monday, 2 November 2026
Stores, margins and cafe deals set the tone
Delhi desk, 2 November 2026. Reliance and Trent numbers dominate the tape as festive timing shifts bite and value formats keep adding floor space. Quick-commerce bets and exclusive brand pacts will decide who holds the till through Diwali week.
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Retail
Reliance adds 303 stores, margins next yearProfit dips on online spend but CEO flags EBITDA recovery from FY28.
Retail
Zudio opens 23,000 sq ft Gurugram storeTwo-floor outlet anchors M2K Corporate Park as Trent keeps adding value floor space.
Retail
Trent brings Caffe Nero into Westside ZudioLicensing pact aims to raise dwell time after Starbucks talks fail.
Retail
Reliance locks exclusive Fabletics India dealAthleisure brand gains full omni-channel access across Reliance stores and digital.
Retail
Trent hinterland stores still beat discountsZudio density and mid-single-digit LFL show why expansion remains the cleaner P&L lever.
Ecommerce
Blinkit dark stores race past 3,000 target
Gurugram player eyes 500 extra outlets by March 2027 as NOV jumps 79 percent.