Retail
Reliance Retail exits 7-Eleven after five years, shuts nearly 60 stores
Convenience format posted ₹90 crore loss on ₹92 crore revenue; kiranas and quick commerce left no room for the middle.
Meera Iyer · 7 Oct · 4 min read
18 stories for “exit”
Retail
Convenience format posted ₹90 crore loss on ₹92 crore revenue; kiranas and quick commerce left no room for the middle.
Meera Iyer · 7 Oct · 4 min read
Retail
Secondary sale signals continued private-market interest even as the eyewear chain keeps adding stores in tier-2 cities.
Meera Iyer · 30 Sep · 4 min read
Retail
Platinum Jasmine A 2018 Trust sells stake through secondary transaction, signalling continued private-market interest in eyewear retail.
Meera Iyer · 29 Sep · 4 min read
Ecommerce
Quick-commerce firm scales back from 850-900 locations to focus on high-performing cities and tighter menus.
Ananya Rao · 29 Sep · 4 min read
Opinion · Retail
Zudio-style private-label volume at sub-₹999 is forcing department stores and mid brands to choose between premiumisation or exit.
The Desk · 28 Sep · 4 min read
Retail
3.6 crore shares or 2.07% equity change hands, extending recent stake sales and testing secondary market appetite for the eyewear play.
Meera Iyer · 22 Sep · 4 min read
Platforms
Platinum Jasmine offers 1.7 per cent at a 3.5 per cent discount as the eyewear firm prepares its public listing.
Rhea Kapoor · 21 Sep · 4 min read
Retail
Platinum Jasmine offers stake at ₹682.45 floor, giving early investors an exit while the eyewear chain posts strong Q1 numbers.
Meera Iyer · 19 Sep · 4 min read
Retail
Value brand currently at 55 outlets across 27 cities accelerates to challenge Zudio on price and youth traffic.
Meera Iyer · 15 Sep · 4 min read
Opinion · Retail
Zudio’s 1,000 stores and Minutes’ city rush show that cheap, close and frequent now beat brand theatre.
The Desk · 14 Sep · 4 min read
Platforms
Pure Contra PMS fully sold Avenue Supermarts in July, citing format wars that could hit medium-term margins.
Rhea Kapoor · 12 Sep · 4 min read
Retail
French chain returns via Apparel Group franchise; first 50,000 sq ft unit tests hypermarket against local grocery giants and quick commerce.
Meera Iyer · 7 Sep · 4 min read
Ecommerce
Online grocery arm retreats from marginal markets as Blinkit, Zepto and Instamart intensify the fight.
Ananya Rao · 6 Sep · 4 min read
Retail
Chennai-based chain buys promoter stake in 162-year-old Tribhovandas Bhimji Zaveri and will make open offer for another 26 percent.
Meera Iyer · 3 Sep · 4 min read
Opinion · Retail
Lenskart’s back-to-back block deals show listed consumer names face real liquidity tests that franchise and store expansion plans cannot ignore.
The Desk · 30 Aug · 4 min read
Retail
Alpha Wave offloads stake days after SoftBank sale, testing post-IPO liquidity for eyewear chain and its franchise partners.
Meera Iyer · 30 Aug · 4 min read
Retail
2.95 crore shares change hands at a 1.65% discount; secondary sale leaves the balance sheet untouched but signals investor rotation.
Meera Iyer · 29 Aug · 4 min read
Opinion · Retail
Exiting seven weak cities while raising bond money shows the supermarket is choosing density over delivery speed.
The Desk · 26 Aug · 4 min read