Stores

Fitch Solutions noted the country already steered clear of the low base effects.

This follows a 1.8% YoY growth seen in 2021.

Its revenue jumped by 18% to P2.17b.

This follows the ban on wheat exports India imposed.

Coffee grounds were reclassified as recirculation resources last March.

Its net profit stood at P95m (approx. US$1.8m), up from P71m (US$1.3m).

And fast-fashion retailer Shein is seeing a slowdown in growth.

GlobalData reported that 59% of Indian consumers shop at Big Bazaar.

This was driven in part by a strong resurgence of dine-in sales.

The acquisition will simplify the selling process for time-starved users.

Its sales exceeded targets and were up by 16%.

The increase from $2.9m in Q1 2021 is backed by property transfer and sales.

Around 500 Subway stores will be opened under the master franchise agreement.

The company will be a franchisee of the shoemaker brand across all categories.

The bag was designed by Japanese denim label FDMTL.

And Indian grocery startup Zepto raises $200m in fresh funding.