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OMNIPRESENT RETAIL INDIA
India’s healthtech companies could generate $37 billion revenue by 2030: reportIn 2022, the total topline of $2.7 billion generated by businesses operating in this space represented 1-2% of the country's overall health...- Infiniti Retail raises borrowing limit to support expansionThe disclosures also point out the change in the holding company for Infiniti Retail: The business is now owned by the group's new ecommerc...
- Mall developers continue with expansion plans as retail operations witness steady post-Covid recoveryIndia’s organized retail space stock expected to reach 82 million sq ft over the next two years until 2023 from latest figure of 64.3 milli...
- Banks' low profitability, weak asset quality pose difficulty in boosting digitisation: S&PIn its report titled 'Tech Disruption in retail banking: Top tier banks lead the change', S&P said India's digital disruption, however, pos...
- Spencer’s Retail posts Rs 16 crore Q2 loss, revenue rises 8%The company had posted a net profit of Rs 1.47 crore in the same period last year.
- Retail companies loosen purse strings to woo consumersThe end-of-season sales have flopped. Cos are in a mad dash to revive footfalls and festive spending.
- Usha eyes 25 per cent growth in sewing machines, cooking appliancesIt is also focusing on the digital medium not only as a sales channel but to use it as an advertising medium and engage with customers.
- Retailers add click factor to make bricks-and-mortar tickMobile Internet retailing in India saw particularly strong growth in 2015 due to the growth of Internet-enabled smartphones.
- 2015: The year when Flipkart, Snapdeal forced Ambanis, Birlas to join the etail raceThe newbies' gang of Flipkarts and Snapdeals are forcing Ambanis and Birlas of supermarket chains to join the burgeoning e-commerce landsca...
- Hypermarket chain Spencer’s Retail acquires ecommerce startup MeraGrocer to foray into online salesGoenka said MeraGrocer will not offer any massive discounting and its deals will be similar to those available in local Spencer’s stores.
- Spencer's Retail acquires 100% stake in meragrocer.comGoenka said the cost of acquisition for meragrocer.com is much lower than what it would have been to set up a greenfield operation for e-co...
- Huawei mulls widening sales channel for Honor phonesChinese telecom firm Huawei is looking to start selling Honor smartphones through traditional retail stores to widen its reach.
- Huawei mulls ending Flipkart exclusivity for Honor phonesHuawei plans to sell its Honor smartphones via traditional retail stores to extend its reach thereby ending the exclusive arrangement with ...
- Video analytics climbs evolutionary ladder to be next big startup thing; Jabong to tie up with Omnipresent RoboticsJabong may soon see fewer customers returning packages complaining about the dress looking different from how it appeared on the website.
- Online-offline retail: An opportunity to collaborate and serve customers betterAn opportunity for online retail majors to invest into or partner with offline retail majors will be sensible investments for big boys of e...
- Zensar Q2 Net declines by 4.7% at Rs 67.31 croreConsolidated net sales grew 9.8 per cent to Rs 647.66 crore in the July-September quarter this fiscal from Rs 589.77 crore in the same quar...
- Costa Coffee may end franchisee arrangement with Indian partner Devyani InternationalCosta Coffee may end its ‘exclusive’ franchisee arrangement with Devyani International after the Indian partner refused to commit more inve...
- CCube Angels to invest in edabba.comSingapore-based angel investing group CCube Angels has agreed to buy a minority stake in Omnipresent Retail India, which runs online retail...
- edabba's brick & click retailing model to target category B&C towns, secures $1 mn fundingThe model's success is hinged on collaboration with local shops in target markets through technology platform and a strong supply chain.
- Future Group, Spencer’s Retail, Lifestyle & More betting big on their brandsBig retailers may have stumbled upon a huge opportunity in their tug-of-war with big brands: their own super brands.
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