Stay updated with breaking news from Large Format Stores. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The new and renovated stores will embody Walmart’s “Store of the Future” concept, showcasing enhanced layouts, broader product choices, and innovative technology to make shopping more convenient and enjoyable. Read more.
During the quarter, Tanishq opened 10 new stores in India; Mia added 26 new stores thereby expanding its presence to 59 towns within India.
Revenue is estimated to be at Rs 10,723 crore in Q1FY24. This shows a 20 percent growth on a year-on-year basis and a 10.8 percent increase on a quarter-on-quarter basis.
Jewellery Division delivered a satisfactory performance growing 21 per cent YoY in Q1 FY24.
Titan Q1 Update: “Buyer growth was higher than average ticket size growth for this period. Despite significant volatility in gold prices throughout the quarter, Akshaya Tritiya sales in April and wedding purchases in June were robust,” the company said in a release.