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PLANETM RETAIL
Ecommerce firms invite physical stores to sell big brands on their sitesEcommerce companies are in advanced discussions with Croma, Reliance Digital, PlanetM Retail, Vijay Sales and others.- Lodha Group's vice-president Santosh Kumar joins CloverMarkNVS Santosh Kumar has resigned as vice president (sales) of Lodha Group, one of India's largest real estate developers.
- 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...
- Videocon merges backend operations of retail arms for efficiencyWhile the frontend of the three formats will be run separately by three companies at present, the plan is to eventually merge them into Tec...
- Apple Watch may be unveiled in India in FebruaryApple is bullish about the success of the Apple Watch in India since it already has a base of more than 4 mn iPhone & iPad users as potenti...
- Peeved with Google's selling policy, big retailers like Croma, Future Group and others refuse to sell Android One smartphonesAndroid One is Google's pet project to increase adoption of smartphones in emerging markets with India being the first country where it is ...
- Apple won't offer EMI option for new iPhonesApple has decided not to offer any finance option on its new flagship iPhone 6 and iPhone 6 Plus in the country because unprecedented deman...
- Apple to start midnight sales for iPhone 6 and iPhone 6 Plus in India for first timeOnly 29% of more than 900 million mobile phone subscribers in India have smartphones, while in China the user base is around 500 million.
- Sales of high-end smartphones drop for first time as buyers not keen on minor tweaksNew devices priced in excess of Rs 30K offer just incremental innovations, which aren’t appealing enough for consumers to upgrade the phone...
- Offline retailers try to compete with Flipkart, Snapdeal by offering discounts, swift deliveryEven regional chains like Great Eastern and Vijay Sales are foraying into e-commerce either directly or through online platforms such as Fl...
- Brands and retailers team up to offer 0% EMI schemesUnder the new arrangement, retailers and manufacturers will share the interest cost on such offers that were earlier taken on by banks and ...
- Apple may offer buyback schemes for iPad Air, iPad miniApple will sell its two new tablet models, iPad Air and iPad mini with retina display, in India for Rs 35,900 and Rs 28,900, respectively.
- Apple iPhone 5s out of stock in India as supplies head westApple iPhone 5s is out of stock in almost all retail outlets about three weeks after its launch due to huge demand as well as limited suppl...
- Gold turns colour of success for brands like Apple, Samsung, Nestle this DiwaliApple's iPhone 5s in the gold version sold out within minutes of its launch, and received the maximum number of advance bookings.
- Apple frenzy triggers iPhone 5S shortage, retail chains seek additional stocksThe rush for the latest iPhones, which were launched in India on November 1, has seen the costlier 5S model sold out across the country.
- Apple iPhone 5c and 5s sell like hot cakes in IndiaiPhone 5c and 5s models fly off the shelves across major retail chains in record time. This is the first time a new iPhone model got sold o...
- Apple iPhone sales record 400% growth in India, Cook acknowledges country's importanceApple Inc CEO Tim Cook has taken a U-turn on his stance on India, saying iPhone sales in the country beat all expectations.
- Next Retail snaps up Planet MBennett, Coleman & Co Ltd (BCCL), the publisher of The Times of India and The Economic Times, has sold the music retail brand Planet M to t...
- PlanetM to enter VCD, DVD rental biz; to add 500 storesMusic retail chain PlanetM plans to enter into the rental business of VCDs and DVDs within a year, a top company official said.
- Essar Telecom Retail eyes Rs 3,000 cr turnover by 2010Essar Telecom Retail is eyeing more than Rs 3,000 crore turnover by 2010 with a footprint in 600 cities through nearly 3,000 stores.
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