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Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEOAllbirds is now Smartbird. The company has a new president and CEO, Nadia Carlsten. Smartbird is shifting focus to AI infrastructure and cl...
Gourmet retail startup Foodstories raises Rs 50 crore led by Nikhil KamathGourmet retail startup Foodstories has secured Rs 50 crore in a funding round led by Zerodha cofounder Nikhil Kamath. The company, founded ...
Weis Markets rolls out Instacart's AI-powered caper carts to reinvent in-store shoppingWeis Markets has partnered with Instacart to launch AI-powered Caper Carts, bringing smart shopping cart technology to select grocery store...
A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
Inflation and input costs threaten earnings momentum going forward: Dhananjay SinhaIndia Inc. delivered strong March-quarter earnings, surpassing market forecasts. Revenue growth improved, supported by cost savings. Howeve...
For a match made in retail heaven, friction on earth can be realQuick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FM...
China luxury market trends: Why consumers are shifting to frugal and online shoppingWhen Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until sh...
AI casts existential shadow over legacy software companies, Bridgewater CIOs warnArtificial intelligence presents a major challenge to established software firms. This mirrors the past disruption caused by online retail....
Speaking diamond: A buyer’s glossary for India’s new disclosure eraIndia's Bureau of Indian Standards (BIS) now mandates clear labeling for natural versus laboratory-grown diamonds, enhancing consumer trust...
GameStop makes $56 billion takeover bid for eBayGameStop has launched a $55.5 billion takeover bid for eBay, aiming to transform the online marketplace into a formidable competitor to Ama...
DMart Q4 Results: Avenue Supermarts cons PAT jumps 19% to Rs 656 crore, revenue too rises 19%DMart Q4 Results: Avenue Supermarts, the operator of DMart, on Saturday reported a net profit of Rs 656.6 crore for the March quarter of FY...
Allbirds shares jump over 400% on plans to pivot to AI from sneakersFootwear maker Allbirds shares have surged dramatically. The company is now raising capital and pivoting towards AI computing infrastructur...
Quebec hobby retailer pushes back against language law, warning rules drive niche products, and customersQuebec hobby retailer Imaginaire is challenging strict French-language regulations, arguing they hinder local businesses by limiting produc...
How automation is reshaping the retail industry?Retailers are rapidly adopting automation to combat the challenges faced in the retail sector due to changing consumer behavior and demand ...
Festive season widens offline - online rift on smartphonesOnline channels captured a record 58% of smartphone sales in the third quarter of the calendar year that includes the festive season, accor...
A flat for a phone! The offline vs online war is heating upThis festive season, buy a phone and you could get a car or even a flat as a prize. The only catch is, you need to buy the handset from a b...
Despite e-comm rise, offline stores generating 91% sale: Study"Despite the rise of e-commerce, the physical stores still draw a significant shopping crowd. In fact, 91 per cent of all retail sales are ...
Ahead of store launch in India, Apple to cut discounts on its productsApple Inc is reworking its pricing strategy in the fast-growing Indian market ahead of launching its digital and brick-and-mortar stores.
Bigbasket.com to start contract farming for organic fruits and vegetablesBigbasket is focusing on vegetables and fruits as a category which accounts for 16-17% of its total sales since this category can draw the ...