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CELLPHONE RETAILERS
Gas at $4: Americans cut back on discretionary spends as fuel bills mountAmericans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting ...- Amazon aims to revolutionize fast delivery with new 30-minute systemAmazon is revealing a new service offering deliveries in 30 minutes or less for an additional charge. This ultrafast delivery, called Amazo...
- Ebay's 30-year journey: From a bidding marketplace to takeover targetGamestop has proposed a massive fifty-six billion dollar deal to acquire EBay. The videogame retailer, known for its meme-stock fame, is pr...
- US retail sales rises 1.7% MoM in March driven by gas price spike due to the Iran warA spike in gas prices due to the Iran war, now in its eighth week, resulted in a hefty 1.7% gain in retail sales in March after a revised 0...
- Ensure level-playing field or face boycott: Offline trade tells mobile, electronics brands“We are meeting all the mobile phone brands, urging them to provide a level-playing field to the offline channel along with online,” said T...
- Samsung India to start selling televisions from mobile phone storesThe company also intends to double the number of stores which would sell its super-premium range of QLED televisions priced over Rs 1 lakh ...
- Cellphone retailers appeals to Finance Minister requesting her not to raises taxes on mobile phones"We strongly appeal to you to not increase GST on mobiles. The increase of 6% would directly lead to hike in prices of product, impacting c...
- Mobile phone retailers threaten brands of boycott unless online discounting is stoppedCellphone retailers under the umbrella of their apex national body, All India Mobile Retailers Association (AIMRA) has informed brands like...
- Pre-Diwali sales see an uptick compared to last year: RetailersLeading electronics retail chain Vijay Sales director Nilesh Gupta said this weekend sale was reasonably good even though the usual bouyant...
- Ecommerce may soon lose ‘mobile’ exclusivityOffline retailers have been protesting against online exclusive smartphone models because consumers often buy them at lower prices. But now...
- Brands offering online discounts may face the wrath of brick-n-mortar storesOffline stores to take action if co don’t curb online discounting or stop launching cheaper, online-only models.
- Cellphone retailers push for implementation of e-commerce policyAIMRA has said that nearly two lakh retailers have been adversely affected by e-commerce practices in past few years.
- Spice to now exit ‘Non-core’ cellphone retailing businessMohanty, who was part of Hotspot’s founding team and is also its chief financial officer, refused to divulge the name of the private equity...
- Sales of Oppo, Vivo drop 30% in JulySales of Oppo and Vivo declined 30% in July and they continue to remain down this month, according to four leading cellphone retail chains ...
- Essar Group mulls selling stake in The Mobile Store to strategic investorThe Mobile Store has shut 400-odd stores in the past 18 months and several brands have stopped supplies to it due to outstanding payments.
- Spice, Optiemus to merge mobile retailThe move is a precursor to a merger between them that will eventually lead to the sale of a sizeable stake in the combined entity.
- Peepul Capital nears deal with Ashok Gupta for UniverCell Telecommunications saleUniverCell Telecommunications, the country’s second-largest cellphone retailer, may be about to change hands as ecommerce takes a toll.
- Himanshu Chakrawarti quits as chief executive officer of The MobileStoreChakrawarti, 48, said he decided to step down as he wanted to either start his own venture or join a startup in the consumer space after a ...
- E-commerce takes its toll; cellphone retail chain Univercell planning to exit businessThree leading cellphone retailers in south India, Sangeetha Mobiles, Poorvika Mobiles and BigC Mobiles, have also decided to combine resour...
- Phone retailers try new numbers in online fightbackSome chains even reported an up to 40% fall in cellphone sales since last Diwali with Flipkart, Amazon and Snapdeal running huge discounts.
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