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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. ....

Ashish Dikshit , Lalit Agarwal , Rajeev Varman , Tata Trent , Titan Co , Retailers Association Of India , Representative Image , Reliance Retail , Aditya Birla Fashion , Retailers Association , Restaurants Brands ,

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. ....

Tata Trent , Rajeev Varman , Ashish Dikshit , Lalit Agarwal , Titan Co , Retailers Association Of India , Reliance Retail , Aditya Birla Fashion , Retailers Association , Slowest Pace , Restaurants Brands ,

V-Mart Retail: V-Mart expects to grow 18-19% this year, says Lalit Agarwal

Lalit Agarwal, Founder & MD of V-Mart Retail, aims for 18-19% growth in a value-driven retail sector. Improved footfalls and consumer demand in smaller towns are observed. Efforts focus on providing best products, prices, and catering to Gen Z preferences. The Limeroad acquisition s impact on online burn and future scale-up plans are under scrutiny. ....

Uttar Pradesh , Lalit Agarwal , Indian School Of Business , Offering College , V Mart Retail , Leadership Excellence , Might Also Like ,

V-Mart expects to grow 18-19% this year, says Lalit Agarwal, Retail News, ET Retail

Lalit Agarwal, Founder & MD of V-Mart Retail, aims for 18-19% growth in a value-driven retail sector. Improved footfalls and consumer demand in smaller towns are observed. Efforts focus on providing best products, prices, and catering to Gen Z preferences. The Limeroad acquisition s impact on online burn and future scale-up plans are under scrutiny. ....

Lalit Agarwal , Poila Baisakh , V Mart Retail ,