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Handset retailers diversifying into new consumer electronics products amid smartphone shortages"Handset retailers are diversifying beyond phones and are selling IoT (Internet of Things) products including smartbulbs and coffee machine...
Electronics buyers find more value in security features as threats riseThe steep rise in incidents of cyberattacks, malware and hacking has led to an increase in demand for smartphones and laptops with enhanced...
Apparel, jewellery, electronic retailers to roll out store-on-wheels; launches virtual tour of stores“The idea of store-on-wheels is that customers should not feel suffocated that they can’t go out and shop, and feel the same pleasure right...
Realme to partner with offline retail chains; expand reachAs of now, offline sales accounts for 20% of Realme’s revenue with presence in 8,000 cellphone stores in 50 cities.
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.
Apple cuts iPhone X retailers’ margins“Apple has cut margins on the iPhone X from 6.5% to 4.5% for large retailers like us, and if a customer pays by card, which is usually the ...
Xiaomi eyes outlets of The Mobile StoreIf talks fructify, Xiaomi would use a local partner to acquire the business and convert stores into its exclusive ‘Mi Home’ outlets.
Falling online discounts boost mobile sales at retail stores“Online sales were contributing more than 90% to our overall sales, but online market in India is still only 30 % of the overall smartphone...
JioPhone handset booking begins Thursday eveningPre-booking can be done against an amount of Rs. 500, which will be adjusted against the fully refundable, one-time, security deposit at th...
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 ...
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...
Three mobile retailers in South join hands to take on e-tailersThese three chains have initiated discussions with Samsung, LG, HTC and Micromax and expect to launch their first such exclusive models.
South India's three big mobile retail chains team up to take the fight to e-tailersThree of south India's largest cellphone retail chains - Sangeetha Mobiles, Poorvika Mobiles and BigC Mobiles - have decided to pool resour...
Electronics retail chains like The Mobile Store and UniverCell are selling some phones cheaper online than store priceChains such as The Mobile Store, UniverCell and Sangeetha Mobiles, have started to offer devices online at prices that are up to 7% lower f...
Why selling products on e-commerce websites is gaining speed in IndiaEcommerce in India, with its over 250 million internet users and 900 million mobile subscribers, is only going to expand further.
Sangeetha Mobiles to raise Rs 100 crore for expansionThe Bangalore-based mobile phone seller plans to raise Rs 100 crore from private equity players as it plans to expand from 300 to 1,000 sto...
Sangeetha Mobiles target over Rs 1,000 cr revenue this fiscalSangeetha Mobiles plans to open 130 new outlets by March 2014 with an aim to double its turnover to over Rs 1,000 crore in this financial y...