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DMart operator Avenue Supermarts shares rise over 10% after revenue surges 17.5%

However, international brokerages Macquarie and Morgan Stanley maintained a bearish views on the stock

Macquarie's main concern for DMart was competition from quick commerce.(dmartindia.com)
Published on Jan 03, 2025 03:37 PM IST

New law will ban sex toys from Walmart, Target: Texas rep's clampdown

Newly-elected Texas rep. Hillary Hickland's bill seeks to overturn a previous “unconstitutional” ruling related to sex toy sales.

Newly-elected Texas rep. Hillary Hickland's Bill HB 1549 intends to hit erotic businesses hard and restrict the
Published on Dec 18, 2024 08:04 AM IST

Christmas hazard at Walmart, Target: Over 40k tree light controllers recalled

More than 40,000 Christmas tree light controllers being sold across Walmart, Target and Cracker Barrel have been recalled due to potential fire hazard.

Mr. Christmas Recalls Wireless Decorative Tree Light Controllers Due to Fire Hazard.(Instagram - U.S. Consumer Product Safety Commission)
Published on Dec 17, 2024 02:51 PM IST

Retailers cut 52,000 jobs in 2023-24 amid weak demand: Reliance, Titan, Raymond

The retail segment is India's second largest employer after agriculture, but the combined workforce of 455,000 employees fell to 429,000 in 2023-24.

The weakening demand in the retail sector was because of inflation, interest rate increase, and job losses in startups and IT.(Representational Image/Pixabay)
Published on Aug 19, 2024 03:51 PM IST

Reliance Industries cut 11% workforce in 2023-24, retail segment sees most cuts

Reliance Industries cut its workforce by 11%, with Reliance Retail alone seeing 38,000 less employees at the end of FY 2023-24

The total number of employees in Reliance Industries was 347,000 in 2023-24, but was 389,000 in 2022-23. (ANI)
Updated on Aug 08, 2024 10:19 AM IST
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