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QSR Cos Growth: Retail cos, QSRs expand at slowest pace in 5 years, ET Retail

QSR Cos Growth: Retailers and quick-service restaurant chains in India experienced the slowest pace of store expansion in five years at 9%, with 33,219 stores as of March 31. In FY23, the number was 30,551, up 18% from the previous year. These companies added 2,700 stores, averaging 7 a day, but that s nearly half compared to 13 doors each day in FY23. Retail sales growth rate fell year-on-year every month in the previous fiscal, reflecting weak consumer sentiment across segments like apparel, footwear, and QSR.

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New rental deals: Commercial leases in the retail sector are evolving

New rental deals: Commercial leases in the retail sector are evolving
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QSR cos growth: Retail cos, QSRs expand at slowest pace in 5 years

Retailers and quick-service restaurant chains in India experienced the slowest pace of store expansion in five years at 9%, with 33,219 stores as of March 31. In FY23, the number was 30,551, up 18% from the previous year. These companies added 2,700 stores, averaging 7 a day, but that s nearly half compared to 13 doors each day in FY23. Retail sales growth rate fell year-on-year every month in the previous fiscal, reflecting weak consumer sentiment across segments like apparel, footwear, and QSR.

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Dividend Stocks: Tata Trent, SBI, Colgate-Palmolive, Oberoi Realty, Sula Vineyards, Other Shares To Trade Ex-Dividend Today

Colgate Palmolive (India) has announced a special dividend of Rs 10 per equity share and an interim dividend of Rs 26 per share with a face value of Re 1 and a record date of May 23.

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Trent Q4 Results: Trent s Q4 net profit surges to Rs 712 09 crore, ET Retail

Trent Q4 Results: Trent s total income has also seen a jump of 48.7 per cent to Rs 3,374.57 crore in Q4 FY24 as against Rs 2,268.06 crore in the corresponding quarter of the previous fiscal. Trent s total expenses has also increased to Rs 3,073.54 crore in Q4 FY24 as compared to the total expenses of Rs 2,207.89 crore in Q4 FY23, as per the BSE filing.

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