V-Mart posts robust revenue leap in June quarter at the same time as small city demand lags

[ad_1] Bengaluru: V-Mart Retail Ltd’s internet revenue practically tripled year-on-year within the April-June quarter, lifted by value cuts and improved operational effectivity, at the same time as gradual gross sales at current shops and weak demand in small cities mirrored a broader strain on shopper spending. The Kolkata-based worth vogue retailer’s income rose 13% year-on-year … Read more

Shoppers Stop’s long-serving chairman Nagesh quits amid leadership churn

[ad_1] Bengaluru: B.S. Nagesh has stepped down as chairman of Shoppers Stop Ltd after more than three decades at the helm. His retirement, announced at the company’s annual general meeting on Thursday, marks the end of an era for the retailer, which is battling a series of senior-level exits and rising competition. The Mumbai-based company’s … Read more